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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Oct. 7, 1955)
Busi ness News - Babion Report : Stocks Readu Before (Ice's Illness - - CerrrlgM lHtiHAm Financial Bareaa, b(MnM -By KOGEJt BABSON - BABSON PABK. Mass. What has happened to our good friend President Eisenhower has been the match to set off the explosion which has been due for tome time. Those of you who have fol Mft W.3U weU gpeBt t0 bouse'the owner and help the twenty-seven industries which benefit from the building of every house. ."Home purchasers, however, should have been made to put ' up more money of their own, and not buy houses on shoestrings. 3. GREATLY INCREASED INSTALLMENT PURCHASING. 1 I do not criticize the purchasing even on installments of. auto mobiles, electric refrigerators, washing machines, modern kitchens, . and ether things which improve the efficiency of the home; but buying TV sets, with hardly a down payment, may be questionable. : . 4. MILITARY EXPENDITURES A GREAT FACTOR. To the extent these , are paid for by taxes, they are not too serious; hut they cannot he depended upon. Furthermore, although necessary, the expenditure is uneconomic f 5. POOR YIELDS OF STOCKS AFTER. PAYMENT OF TAXES. : Except in the case of Pension Funds, Institutional Investments, and other nontaxable purchases, low yield may he the greatest factor. After most investors deduct the income tax from their dividends, the yield is altogether too small to run the risk of buying stocks. EFFECT UPON BUSINESS AND EMPLOYMENT What the market will do from now on: I forecast that most major dips win go lower than the preceding dip. Yet, each dip in due time will be followed by an upward reaction. This latter " will probably not reach as high ments. What wis really happen upon general business, which Employment determines retail with orders, thus completing the President Eisenhower's health will be a great factor, in de- termining the immediate future of business. Many large under takings have been held in abeyance pending a decision from Presi dent Eisenhower as, to whether he will run again. WHAT THE PRESIDENT WOULD LIKE TO DO - Intimate friends of President Eisenhower and his wife have known that he does not like the details, the public speaking and entertaining demanded by the Presidency. He enjoyed being General of the Army where his work was largely confined to think ing and planning. Others carried out the details. No one opposed him or ignored his orders. We now know he will not run again. But I believe that he woold hare liked to he Secretary of Defense or Secretary, of State or Chairman of the Security Board. j WHEN MANUFACTURERS AND MERCHANTS TELEPHONE " ME ASKING WHAT THEY CAN NOW DO TO PREVENT A BUSINESS DEPRESSION, I REPLY: "SPEND MORE MONEY ON ADVERTISING.' As stated above, future business and pros- Jierity depend upon retail sales at the grass-roots level To simu ate these sales, two things are required: More advertising and better employee relations. t Behind StOTT The uu - l -ch mi' rtnc is. rr- , ob$ vitn plete. re . ; ; i.i iT h !' ; h -' tlllj '1 Francis (Frank) Near 0ft), former educator and dean of men ! af North Salem High School, is tho "dean" of Statesman proof readers. Hit first assistant is George Mabee, " ; long-time California teacher, and they havo several part-time aids. Passing their desk with a load of material to file is Florence (Mrs. Kenneth) Bell, Statesman libra rian for five years and compiler of tho daily feature Time Flies." All havo special commendation due them this National Newspaper Week (Oct. 1-8). 9 . f to Fall lowed this weekly column will remember that I have often noted five "sticks of dynamite" which were awaiting something to set them off. FIVE REASONS FOR THE COLLAPSE 1.- BUYING BY INVESTMENT TRUSTS, PENSION FUNDS, AND INSTITUTIONS. The money has eoane into these so fast that the fund managers felt they must invest it Furthermore, Ibey naturally turned to the biff est companies. 2.. TREMENDOUS BUILDING OF HOUSES. ThSi rrrff that f nreviane. veare. Th mnnv as the preceding upward move to the stock market will depend in turn determines employment sales, which supply the factories economic cycle. - No. I of Sonet The News! . ...- -.-.- a, a. 9 , teaman' pr"" 1 . ',tviu - - . When edition. r idling i.' librarion .naravingi M WrAi many a-;Vr.v ar. ready on i " -rialteoiw f oym joes tx", " T -.vipaper "w" , Your HOME Newspaper U.S, Urged to l(eep Alert' For Inflation NEW YORK (Arthur F. Burns, chairman of the. Presi dent s council of economic ad visers, said Thursday that de spite many elements of strength in the current economic situa tion, the country must he alert for inflationary signs and act to combat them. Burns, told of many "favor able" factors in the nation's pros perity, but added in a speech prepared for the New York State Chamber of Commerce: "Vi'jt must recognize, however. that in , an economy like ours, poised on a high plateau, neither the threat of inflation nor of recession can ever be very far distant", Burns made no mention of the recent fluctuations of the stock market But he said that thanks to government measures taken so far in 1955, including - credit curbs, altbougb we have not escaped entirely the excesses of prosperity during the past year, we have succeeded to a, consider able degree in keeping them in check." He laid the gross national prod uct the dollar value of the na tion's total output of goods and services has reached an annual rate of 390 billion dollars or bet ter, and continued: . We have thus arrived at the threshold of a 400 billion dollar economy. The challenge posed by today's prosperity is to cross this line and go well beyond it" Grain Market Trends Vary CHICAGO tf) A mixture of plus and minus signs was rung up in grains' on the Board of Trade Thursday. Rye showed the most strength while soybeans recorded the largest losses. Wheat closed Vt lower to i higher, corn lower, oats un changed to higher, rye higher, soybeans li-3'i lower and lard unchanged to 23 cents a hun dred pounds lower. In wheat the 1955 crop months held firm, December being up most. These contracts were helped by news in export circles that Greece expected to buy 925,000 bushels of American hard wheat Oct. 25. July wheat, representing the 1936 crop, dropped ltt cents. Recent rains undoubtedly have improved prospects for the 1956 winter wheat crop, grainmen said. hit of ne erri" thoUtan Wed odd- - They Ride Herd! 'SportWagon9 Introduced r O G K M O - V5 I ,.' v. 'A If t'"''yl TlUOiVtafsiScr'tn ; j i J i: ' r It- 'i :! ij : -sr ,.-.,..-,.- 1-. : -1 ; - New models of cars bow appearing wheel base, 10 h.p. engine and '. whelming need for n truly lew-cost it is "built like n battleship and complex, caia., produces 300 Portland Produce PORTLAND OB Butterfat Tentative, subject to immediate change Premium quality, deliv ered in Portland . 57-S1 lb; first quality 54-58; second quality 49-54. . Butter Wholesale, f o b. bulk cubes to wholesalers Grade AA, 93 score,- 574; 92 score, 56H;: B grade, 90 score, 55; C grade,? 89 score, S3. Cheese To wholesalers Oregon singles, 3SVH1 lb; Oregon 5-Ib loaf, 41-44. Eggs To wholesalers Candled f.o.b. Portland. A large, 5JV4-56H; A medium, 4tt-49Vfc; A small, 34tt-35tt. ; Eggs To retailers Grade AA, large, 6J-5; A large.55-5f ; AA mediums, 50-53; A mediums, 50-52; A small. 37. Cartons, 1-3 cents additional. Live poultry No. 1 quality, f.o.b. Portland Fryers, Das. 24; at farm, 23; light hens, 17; heavy hens, 11-20; old roosters, li lt. i Turkeys To producers for f A grade young bens, f.o.b. farm N.Y. dressed, 40; A toms. 33; live weight basis,' toms 29; A grade hens, 354; A grade young hens ready to cook. 55: N.Y. dressed. 4S-49; fryers, 4-S lbs, 56; cut rp toms 46-50. Rabbits Average to growers Live white, 3H-4H lbs. 3V2S, 5- lbs, 20-21: old does. 10-14 . few higher. Fresh dressed fryers to retailers, 58-61; cut up, C2-C5. Wholesale Dressed Meats Beef carcasses Steers. choice. 500-700 lbs. 40.00-43.00; good 38.00- 40.00; commercial. 30.00-36.00; util-24.0-30.0; utility 22.00-26.00; canners and cutters, 19.00-22.00. . Beef cuts (choice steers) Hind quarters. 51.00-55.00; rounds, 45.00-49.00;-full loins, trimmed, '700 S3.00; forequarters. 31.00 - 34.00; Chucks, 34.00 36.00; ribs, T 47.00- 53.00. t . j Pork cuts Loins, choice, t-10 lb, 4S.00-50.00; shoulders, 16 lb down, 30.00-33.00; sparerlbs, 43.00-50.00; fresh bams, 10-14 lb, 45.00-49.0. Veal and calves Good-choice, all weights. 32.0-39.00; commercial 27.00-35.00. Lambs Choke-prime spring . 4 50 lbs, 38.00-39.50; good. 34.00-38.00. Wool Nominal, clean basis. ' V blood, 1.00-04 lb: blood. 1.10-12 lb; Vx blood. 1.25; fine, 1.45. , Country-dressed Meats, f.o.b. Portland: Beef-Cows, utility, 22-25 Jb; canners and cutters,' 18-19. ' Veal Top quality, lightweight, 29-30; rough heavies. 18-25. Hogs Best light blockers, 26-27; lean light sows, 22-24. Lambs Good springers, 30-33; yearlings, 23-25. . Fresh Produce Potatoes Ore. Boardman Long Whites. 100 lb. No. 1A, 2.50-85; Wash. Whites, 2.20-45; Russets. 100 lb, No. Is, 2.50-85; No. 2s,r50 lb. 80-90. Onions Wash. Yellows, lge, JL25; med 1.75: Idaho Yellows. 1.75-2.00; Texas Whites, med, 3.00-25; lge J.50. Hay New crop. No. 2 green alfalfa, baled, f.o.b. truck, Port land and Seattle, 35.00-36.00 ton. Slide Rule aLawrence Flaggs slide rale lv....Miwiil.-'rl 74" -' m, i i., . ! ii in i .ii -. ,, - ! United Fnnd collections Thursday. In first two days of fnnd toward the $205,000 goal. New collections are expected to bo luncheon meeting. (Story an Page 1.) , ! laclode the itQiUriii "Sport TTiren- (above), with 117 Inch weighing 27M vends. Its takers vehicle fr ceneral transaartatiaa Mar-Msacs. and declare that rides like n pleasure car. The pee menu. Salem dealer is the New York Stock Markets By THX ASSOCIATE) PIXSS Admiral Corporation ' Allied Chemical Atlis Chalmers Aluminum Co. America American Airlines American Motors . American Tel. k Tel. " American Tobacco Anaconda Copper Atchison Railroad Bethlehem Steel Boeing; Airplane Co. Borg Warner Burroughs Adding Mach. California Packing Canadian Pacific 2Ui 105 U 66 7i4 23 I 179 I 7 134 152 Vi C2 42 26 394 33 51 Caterpillar Tractor Celanese Corporation Chrysler Corporation Cities Service Consolidated Edison Crown Zellerbach ' ' Curtiss Wright 21 Ji 95 n 56 i t 49 j S4 . 22 It 71 S 214 U 78'. 12 It 48 4 79 i 137 3SI4 59 H 35H 107 83 107, 13 !i 47 H 204 33 88 45S 69 b 10 48l 134 b M 25 20 ii 31 is 44i 33t si b 73 45 b 67b Douglas Aircraft duPont de Nemours Eastman Kodak Emerson Radio General Electric General Foods General Motors Georgia Pac Plywood Goodyear Tire Home stake Mining Co. International Harvester International Paper Johns Manville Kaiser Aluminum Kennecott Copper Ltbby.i. McNeill Lockheed Aircraft Lbew'i Incorporated Long Bell A Montgomery Ward New York Central Northern Pacific Pacific American Fish - Pacific Gas k Electric Pacific Tel. 4 TeL ; Penney' (J.C.) Co. Pennsylvania R-R. Pepsi Cola Co. Philco ! Radio Radio i Corporation Rayomer lncorp. Republic Steel fc Reynolds Metals Richfield Oil Safeway Stores Inc. . Scott Paper Co. Sears Roebuck k Co. Sinclair Oil Socony V Southern Pacific Standard Oil Calif 106 53b 56b 57 84b 132 b 'U - 47 b 42 b r,f 102 b Standard Oil N. J. Studebaker Packard Sunshine Mining Swift k Company Transamerica Corp. Twentieth Century Fox union : Oil Company Union Pacific Portland Grain I PORTLAND tf Coarse grains, 15-day shipment, bulk, coast deliv ery : Oats No. 2, 38 lb white 49.50 Barley No. 2, 45 lb 47.00. Corn No 2i E.-Y. shipment 60.50. j Wheat (bid) to arrive market, basis No. 1 bulk, delivered coasf: Soft White 2.14; Soft White , (ex cluding Rex) 2.14; White Club 2.14 iHard Red Winter: Ordinary 2.14 I Carl receipts: Wheat ; barley 17; flour 4; corn SO; oats 1; mill' feed 1 i Chalks United " ' " 1 a-- --v 7 Pi 0 and Merrill Fleener's chalk helped in Salem term It the aaswer to an "ever Pewee Mannfactaring Company t Shreck Meter Company. United Airlines 38 b United Aircraft United Corporation 55 6 b United States Plywood United States Steel Warner Pictures Western Union Westinghaw Air Brake Westiagbouse Electric gvoolworth Company 38 56 b 20H 21b 26 59 49 H Stock Market Drops Slowly NEW YORK in - In the slowest session in nearly seven weeks, the stock market declined moderately Thursday. Vni.rm.' ram. 1 eon am w wawasw vmiiiv w S,tw,vw . 1 , tk.. total Wednesday in a higher mar- ket was 1,920,000. The Associated Press average of 60 stocks was off 80 cents at 3170.- 30. That is 20 cents Higher than the week ago Monday close. The industrial component of the panai uni up m cities in average was off $1.70, rails were 55 states. The surface first class down 30 cents, while utilities held mail u handled, on a space-avail-unchanged, able basis, by 24 major and feeder There were' 1,143 individual Is- airlines, sues traded of which 34 advanced The iegality of the operation is and 531 declined with T new hirha eurrcnUr beine ehaUenaad la th Land 14 new lows for the year regis - tered. Obituaries Walter G. Iwartweah LaU resident of 17J1 Chemeketa. At at local hospital. Oct. 3. Survived by wife. Vera. Salem. Daughter. Dor- en KUliliKer. Salem: Uium Arlen and Dana. Swrtwi r k. I lem; mora, WendeH L.- &wartwut. w . . 4 n 0 wout all of Salem; father. Prank Swartwout. Bernard, s. D : si-ten, nn, j-cari looser, nernara. s. u ; Mrs, Hazel Roundy, Aberdine. S. D.; Mr. Ruby Heffelflnger. Larimore. N D.; brother, Wallace Swartwout. Sa. lem: Earl Swartwout. Farro. "N. D John Swartwout, West Port. S. D.; 11 grandchildren. Services will be held Saturday. Oct Sth. at 10:30 a m. In Clouf h-Barrlck ChapeL Rev. ctnei liutekuntt officiatinc. Inter meat Belcreit Memorial Park. Mrs. Mildred Thietaea Late resident of 412 N. 21it, Sa lem. At a local hospital. Oct. Sth. Survived by husband. H. A. Thiessen. sr., aaiem: uaurnier, usona Thiessen, baiem; son. H. A. Thiessen Jr.; Drotners. ueraid Uower. Port land, and William Gower. New berg, Oregon. 2 grandchildren. Serv ices will be held Saturday. Oct. Sth at 1:30 p.m. in the Clouth-Barri ick ChapeL Park. Interment Belcrest Memorial Jane Shirley Green Late -resident of Sclo. Oregon; In this city Oct. Sth at the age of 34 years. Survived by husband. Albert Green. Scio. 3 sons. Bruce. John, and Phillip Green, all of Scio: 3 daugh ten. Miss Barbara. Victoria and Di- anne Green, all of Scio: Parents, Mr. and Mrs.. A. R. Henry of Pipe-! stone. Minn.; S brothers. Ray Crick- son, Lynn Erickson, Melvln -Erickson, all of Omaha, Minn.; Harry Erickson, Sioux Falls. S. D .; Ralph Erickson. Flandreau. S. D.: Herbert Henry of U.oal Tl.1I.n T.iil.. Minn Mrs. Donna Coburn MinneaDolis. Minn.: Mrs. Elsie fritz. Holland Minn. She was a member of the Lutheran Church. Services wiU be held Monday, October 10 at 2 p.m. the Howell-Edwards Funeral Home. Fund Gain record a modest $6,500 gain In Salem drive, 133,667 has been subscribed reported today at a Marion Betel - J Statesman, Salem, Ort-, MUy. New- Construction AU-Time U.S. Hits High in Septe "WASHINGTON Outlays on new construction during Sep tember hit . an all-usM monthly high and pushed construction activity during the third quarter of this year. to a stew-peak. ' Reporting - this Thursday, the departments f commerce - and labor said new ; cons traction spesdjif retched four billion dollars in September, just above the previous; record set in Aug ust ' - ' - - That hrought the total for the third quarter f the year to 111,- 100,000,000 9 per cent higher than .outlays in July. August and September of 1834, the previous high. During the first nine months of this year, the two-agency re port said, total construction out lays rose to S31,0&9,000,000. This was 12 per cent higher than in that first sua a months of last year, In September, the report aid Private residential building "continued to edge off," stand ing at $1,467,000,000. compared with 11,44,000,000 ia August However, the September figure Billion 3-Cent Letters Yearly Travel bv Air WASHINGTON U1 - The Poet Office Department said Thursday it is now carrying three-cent let ters by air at the rate of nearly a biUion a year. 1 Reporting ea the second anni versary of the airlift for surface nail, it said the letters art being lie J BL 1 as I delivered by plane "sooner, as j" 48 hours ta many ia- 1 The tests were Inaugurated Oct, on limited basis between Washington, Chicago and New York City. They have since been 1 courts by a group of railroads They contend that lurfaco mail is primarily designed for train trans portation, and that Congress has never authorized the flying of let ters not carrying the air snail rat of au cents. Postmaster General Summer- field said in a statement that the airlift is now carrying about C per cent of the more than 17 billion pieces of non-local first class mail I k.nut u I He said k has not caused a n I -- " . " - discernible loss in air mail reve- nue because persons requiring a guaranteed air mail delivery are still posting their mail with air mad postage. The statement noted that while the airlift directly serves only about 200 cities, many additional communities obtain the benefits of faster delivery through a combina tion of airlift and surface trans portation. Stocks and Bonds Ceallei ay Associate! prase Oct e ONP ATIBACIi so ie Hails Induct 10 10 Vtil Ten A.I Dl n i so 7 7.1 ass MS SS.S MS S9.S Net change . A t D l Thursday 917 f 7 t Prev. day 91 rJ.t Week, ago . 7.S t4.0 Month ago - 7.T t7.T fAv. vn.' .mi. 1003 tea ss.s t.S S 100 1 Mi 97 S S7.S OS S S4 loo.e 1004 loot as.i -S4.S t7.4 se.e to 1SSS High 15S Low 1SS4 High . 1M low - STOCK AVKBACIS 30 II II 80 ladust. Sails Vtil. SKks. Net Chang .D1.7 D.S Vnch ,D.S IW - 1Z7.S 11.9 170 a I PTCV. OSy .842.0 U7J 71. t J71.1 .144 4 IMS IIS 174.1 I Y?k. Month ago J30.1 13C.1 74 1 177 1 Year ago 189.7 S9J 4.4 137 J 19SS High 197.4 139.1 71.7 1S1.S la 1 1953 Low 3.1 114 9 S7S 1411 1994 rurn , ... m i i i u.a 133.1 19S4 Low 143.S 77.8 SS.4 108.9 Invostmont Trusts (Zilka. Smither ii Co, Ine.V Bid - 03 .17.98 Asked Affiliated Tund Canadian fund 8.5S 19.46 Century Shares Trust S 89 Chemical Fund IS 18 Delaware Fund 10.95 27.99 1841 12.04 Diver. Invest. Fund 9. 48 Dividend Shares X 54 Easton fc H. BaL Fund JO 87 10.37 2.79 1131 Gas Ind. .. , 12.M 13.73 4 88 IS M S1SS Croup Tobacco 4. 28 lncorp. Investors , . , 17.51 Key. Cual. J'undi: B-J B-4 K-l S-S . .19.50 ..11.21 -1948 -114$ 9.03 , I.4S -31.20 8.29 - S 22 9 3 4.91 12J0 21.23 13.59 988 3-4 Man. ond Fund 1M Mass. Invest. Trust Natl. Sec. Series: 33.73 8 83 8.98 1023 S.37 Income Series SVtock Series Pref. Stock Series SpeculaUve Series Tel.-Elec. Fund 11.13 12.13 Value Line Inc. Fund S.19 8 77 Wellington Fund 2ST7 38.83 Salom Markbt Quotations BUTTMFAV Premium - No. 1 . HUTTIft Wholesale . Retail 8GG8 Blll) (As ot lata yesterday) (Wnolcsala arteea raage frees to 1 cents ever biytaf rtee) Large AA - . Large A . .-.. Medium AA Medium A , Small pouLrnv Colored Hens Leghorn. Hens Colored Fryers Colorad 74oastera Cld Fr8 . ... CcJbr 7, lUMSac 4J-4 tnber. was 11 per cent greater than lor September a year ago. Commercial bunding and con struction of churches and privata industrial facilities were greater' than ia any previous month o record. i State and local wabliely financed construction expanded U a Btw fcih, loeited miMy by new peaks in public school building and highway construe tion. - Bragging Puts Trio of Kansas Youths in Jail OSHKOSH. Neb. ufl A hitch hiker, who listened to three youths talk : about crimes they allegedly committed in MeDtaaavleft thera early Thursday and notified author ities who arrested them. . Sheriff O. It. Roberts said the three gave their names as Mike Wilson, Jerry Williams and Johnny Allen and said they were all from Wichita, Kan. He said they vert teen-agers. The sheriff said, hewever, that a social security card bearing the same of Geor-i w. Kuth wis found in Wilson's pocket and an identifi cation card with the name af Rkh ard Allen Anderson was in Debolt'g pocket i The three waived extradition, the ' sheriff said. ; Finally Cot Away The sheriff said the trio picked up the hitchhiker. Clarence Ben nett, at Douglas, Wye., but it wasn't until they reached Oshkosh that Bennett could arrange to get away from them. Roberts said details of their crimes in Montana were "sketchy," but that the atolen car they were driving was taken at Hobsoa, Mont, the night of Oct. 4. Committed Birgiary The sheriff said he understood they were driving a stolen jeep when they clashed with the Mon tana highway, patrol, but they es caped, later taking the ear at Bobaon. He said they also bad committed a tilling station bur fltry. Bennett told Roberta' he had heard the three talk about being . escapees of n California institution, but the sheriff said the youths claimed they never had been la custody. . The three offered no resistance wben arrested. Roberts . said he found in the car a .23-20 rifle, a .32: caliber rifla uAJC99W knives., Sliip Diverts4 - Course to Aid- Hurl Woman . SAN FRANCISCO tfV-A trans port, diverted from its course, headed Thursday toward Pa cifie . rendetous 750 miles toutn irest of San Francisco in response to a weak radio report from" a schooner that a woman on board in critical condition from all; unable to eat line two weeks ago. The Gen. H. J. Galley, wtucn carries physician, expected to rendezvous about 3 a.m. (PST) Friday with the CS-foot schooner Manuiwa. Beyond the fact that the wo man is about 35 years old, infor mation was vscue. The schooner sailed Sept. U from Kauai Island, Hawaii, for San Diego. In Honolulu, Mrs. Virginia, tid bets said there were two women aboard, both about 25. One is her daughter. Mrs. Virginia Steele,, el Hollywood, accompanying net us band Jack. The other is Mrs, Joyce Fnsch, wife of the schooner's owner, John Prisch. formerly of Seattle. Mrs. Tibbits said, however, she had re ceived a message only Tuesday from the schooner which stated all was well. The schooner also carried a man serving as engineer, radio man and navigator. Mrs. Tibbeu didn't have his name. The Coast Guard had no additional informa tion. - Portland livestock PORTLAND JrV-(USDA) Cattle salable 150; market rather slow, generally steady -weak on kinds available; small lots low good 1,021 lb steers 21.00; few utility heifers. 10.00-13.00; canner and cutter rows mostly - S. 50-8 00, heavy Holstem cutters 10.00, few utility beef ws 9.50-11.00. individual commercial rauei unui ami vwmui&i- cial bulls 10.50-15.00. ' ,' J mm Aa- and AAiMmAfU Calves salable 25: market quot able steady; good and choice veal ers salable around 17.00-20.00, size able lots cood and choice heavy calves held above 17.50, very slow market on commercial grades and below. v Hogs salable 100; scattered sales steady-strong; U. S. No. 1-2 butch er 180-235 lb 18.50-19.00, few No. i .84 lots 17.75, sows salable around .71 14.00-16.00. Sheep salable 300; market active, fully-steady; few choice wooled lambs 102 lb wooled lambs. 18.50, sizeable lots mostly choice No. 1 and summer shorn pelt Iambi 17.50, few good feeder lambs 14.00 J4.50, good and choice range feed ... -..-. V1 a. ttU mm akanra .81 .43 .42 .17 good and choice ewes quotable 3.50 S.W, wD ewes I-56. " It V