Business News . . . .
Babson Report t
Deaths Responsible
For Stock Split'Ups
Copyright Publishers Financial Bureau, Incorporated
BABSON PARK, Mass -So much appean in the ncwipaperi today
about -"-k fplit-upj, I believe readen will be interested to know why
they occur.
LARGE STOCKHOLDERS WILL DIE
Most of the iplit-upi are due to the fact that tome very large
itockholderi has died and hit stock must be sold
to help the executors pay the estate taxes, which
may approximate fifty per cent. As investors are
much more willing to buy stocks at a low price, the
brokers strongly advise split-up in such cases to
help the marketing of the stock. There is nothing
unethical about this. No stockholder should basically
be harmed or helped by such action. If it's a "two
(or one" split-up, and if you have ten shares of
stock, you arc sent, without cost, ten shares more.
The capitalization is doubled, but the assets are
the same. Hence, theoretically the value of your
shares after the split-up should be only one half
what it was before.
However, owing to the gullibility of investors and to their desire
for low-priced stocks, the sum total of the "split-up" stock for a
while is usually worth more than before there was1 any talk of a
split. In addition, new Investors In a split-up stock may be misled
by the price of the shares. For instance, just before General Klectric
was snlil. it sold al about P I' is "ow "tinted at a price of around
80, which 'looks lower to most peopje. However, because the stock
was split 3-for-l, this really represent a price of 180. The new lower
price misleads investors who did not know of the split-up.
WHAT PROMINENT STOCKS HAVE DONE SINCE 1!I2
Without taking any position as to whether you should now buy
stork. ir pu' your it - "rtn i -p -ert Inpds -nd '-.v -i. riv h
lower stock prices. I submit the following interesting table, using
storks which have not been split since 1929. so as not to mislead you.
w
Parley Draws
Salem Group
. MEDfORD Betty Haley. Phil
lip Schramm, Floyd E. Kenyon and
E. H. Miller, aU Salem finance
company executives, will attend a
May 12 meeting of Oregon's Con
sumer Flnaace Association here.
Kenyon, Hollywood Finance Com
pany head, is a member of the
association's trade practices and
membership committees;
Schramm, of Capital Finance, and
Mist Haley, General Finance, are
members of the program commit- i Atcheson Top
lee. Muter wiir reDresent the Male
Finance Company .
New York Closing Stocks
Reported bjf .
Merrill Lyric, i. Pierce. Fenner and Beam
A
Admiral Corp It's
Al Cham fc Or -.Itt
Allied Strt 49'1
A Ills Cham 17 'i
Akya HS
Aluminum Ltd ltt1'.
Am Airlines T",
Am Can ..i.,45'.t
Am
Am
Am
Am
Am
Cyan .
Motors ...
Stl fdr .
T T
Tobacco
Am Viscose
Anc Copper
Armco
Armour
Portland Produce
Bendlx Avla .
Best roods
Beth SU
Boeing Air .J.
Borden
Hort Warn .
Buryrus
Burro Adding
. . C
Calif Pick
Campb Soup
.74'
...m
.. m
. 37i
79's
S7,
... a
.... is
sti
,
.... SI
Il.
.... .
.. . 4S',
4'i I Kennecott
3D1:
later W. Beam
mt Present
Company Hlh Low PriCe
Am. Radiator .55 3 22
Am. Sugar Refining 9i 13 100
Anaconda 174't 3 76
C'-i -s-WriSht r 33
Electric Storage Battery ... lOi'i 12. 37
New York Central 2564 8 43
RCA. . 1I4J 24 46
So. California Edison 92U 15V 49
Olotrx
Certamteril
Ches A. O Rv
C'hl M St P
Chi NW RV.
;Chi a in Rv
, Chrysler
; CI'IM Scrv
'fllmex Mnlv ..
;Cluett Pen
Coca Cola
iColeate
Com Credit
I Comw Frl'on .
Conn Edison
Container
Cont On
Con! Oil
Cr.ine Co
Cro-vn Zrti
Curtiss Wr
I)
Hecre A Co
l)ia M-ich
Don? Air
Dow Chem
Du P de Ne .
I
riFl Air I I
Fast Kod 'k
r p.,n r, ...
Emer R-dlo
Ex Cello
".Mrr'ii'd
Fllntknte
! ford Motor
40',
.. M',
I.V,
74',
W,
. -
S1'4
2",
SECURITY FOR GOVERNMENT BONDS
Manv orominent bankers and businessmen believe that the gov
Iran-eat rlebf should "be cut" 'dorr. Thtf -miy1irTTKtit:'.tat-.l- . na- utility. .. 27.00
PORTLAND -Butterfat -Tentative,
subject t o immediate
change Premium quality, deli
vered in Portland, 60-63 lb; first
quality 57-60; second quality 52-55. i tan p-c Hy ...
d. .it... ivhi...i ' t . u k..tu Cane J I
oumci miuivaaic, i.v.u uuis, Caterp Trac
cunes to wnoiesa'ers orade AA, ceiem
92 score, 59'a; A grade. 92 score,
58 B grade 90 score 57; C grade
89 score 55.
Cheese To wholesalers Oregon
singles, 41-4)6 lb; Oregon 5-lb losf,
434-50
Eggs To wholesalers Candled
f o b. Portland. A large , 13-45' j:
A medium, 41-424; A small, 3"
324. Eggs To retailers Grade AA,
large, 41! 49; A large, 4.5-47; AA
medium, 42-45: A medium, 42-44;
A small. 34. Cartons, 2-3 cents ad
ditional. Eggs To consumers AA large,
54-59; A large, 52-57; AA medium;
50-45; A medium, 49-54; A small,
39-44.
Live poultry No. 1 quality,
fob. Portland Fryers, 2V4 lbs,
23; at (arm. 23; light hens, 18-20
at farm: heavy hens. 21-22 at
(arm. old roosters, 11-14.
Turkeys To producers L i v e
weight fryers, 27.
Rabbits Average to growers-
Live white, 3V4'3 lbs, 23-26 , 5-6 ,
lb:. 18-21: colored pelts 4 cents Portland Livestock
less: old does. 10-14. (ew h'gher.
Fresh killed fryers to retailers, 54
61; cut up, 62-65.
Wholesale Dressed Meats
Beef carca.ses Steers, choice,
500-700 lbs. 32.50-35 00; good. 31.00
34 00; commercial. 29.00 - 32 00:
30 00; commercial
Cen Dynamics
Gen Flee
Gen Foods ..
Gen Motors .
Gen Tira
Geo Pae Ply
Gillette
Glidden ....
Goodrich
Coodyeer
Grace W H
Crt No Rv
Grt Vet Suf ...
Greyhound
Gulf Oil
H
Homestake M ...
I
Int Harvest
lnt Nickel
Int Paper
J
Johns-Man
Jones a M SU .
K
Kaiser Alum . ..
Kern Land
Llbby McN ..
l.l Mvers
I.OF Glttw
Iockhefd Air
I.new's I or
Lpr- BH .A
Lorlllard
M
Marsh Field
M " W ood
VcrcK Co
Vont Chem
Von' W'a-d .
Motorola
N
N.itl BiH'u t '
N.itl Cah Rr
Natl Dun
Null tlls'ij)
Nat' Gypsum
N.itl '.aid
N'' Sdno'v
NY Centnl
I No Am A'.'M
" I N" P-- Rv
NW Alrlloe .
:7, 1 n
unn nun
Otll Kiev
P
Paoco
Por G S. Fl ...
t'ai T A T ...
Pun Am Air
Penne . J (
Penn Hy
Pepsi Col.i
P he I pi-1 ted at -.
Philco Corp
M'i
. 1
a
44'4
S4
S
M
Jt'i
... SS'4
7
a
... 44'j,
... II',
. IS
... lJ2i
... JS'i
. M,
Mr,
m",
. a
. JO'i
fii'i
. S0'
IX
SS'i
S1',
41)',
"l'4
13'.
38'
Phil Petrol
Pillshury
Proe tr Gam
Pug Sd P It
Pure. Oil
inn'i
.s 4t
L ...
Radio Corp
Rayonler Inc
Repub Stl .....
Reynolda Met ...
Reynold! Tob
Richfield O
Royal Dutch ..
Safeway Sirs
St Joe Lead
st l if sr Rv
St Ri4i Paper
Schrnley Ind .
Scott Paper ....
Sean Roe
Shell Oil
Sinclair Oil
Skellv Oil
Soconv-Mob
Sou Cal F.dl
Sou Pac Ry
Sou Ry
Soirry Rand
Std Brands
Std Oil Cai
Strt Oil Ind
Std Oil NJ
Studr-Pai k
Surr.iv Oil
ipshlne- f
Swift H, Co
anu F.I
. 41'.
SS',
. 9'4
'I'.
4S'i
l-,
M
48.
41',
4T,
. BS
47i
111',
40',
ST, I
S'a ,
sn',
0 1,
M', ,
10",
H2
.. IV,
43'!
1 , . .
3SV- &.VIV
?ll 1 x
Texas Co
'. iTexa, Gulf
. Textron
itide-Auo
I Trunnam
3S',- Trans Wo A if
44', Twen Cen Fox
1, Union Carb
I"", ; t:nion Oil
71 I'nion Vac Ry
44''4 i Cm Aircraft
. t'n: Air Lines ..
Uri Corp
Onlo Fruit
t'S I'lvwood
t'S Rubber
I'S Steel
.v45,
IV,
.. 47",,
-. SO',
... ST
'
10T'a
.. ST'4
.. 4S',
.. ,
...-S3
... 10
.. 74
... 314
... n
. in,
... M'i
. SI
.. 4S',
.. M'i
1J0
..
41
111",
S4
an",
117'
31'.
47
4.T
Tl
2S',
Western Securities Chicago Grain
(ZlUa. Sinllber V Co. inc. I
These bid and ask quotations rep
resent prices it which one or mora
dealers, members of the National As
sociation of Security Dealer's Inc.,
would trad with the feneral public
at the time tht Quotations war
Sathcred at 1 p.m. yesterday:
Bid Asked
Calif. -Orefon Power Jl', 34',
Umcad Plywood 3T, 39',
Contol Preisht ... ..-..17, IS ,
Iron Fiieman 131. 14'.
Jar.tien lnr Com. .,. 1.T, IS',
Meier A Frank ...1J', 17
Mnrrlion-Knudsen -.44', 47',
Ore.Port. Cement S',
Pac P. ft I. Com. M',
Pop ft Talbot 31
Portland Gas ft Coke . 32', 3J'fc
Port Gen Dec. J4, M,
RANKS
Bank of America 3S' 41',
Bank of California ....75', Tf,
Chase. Manhattan 4(W, St1,
First National . '. . , M', ST,
nrst Nat City NY M',
V. National 78', Tin,
Statesman, Salem, Ore., Fri., May 4, '56 (Sec, III31
Storks and Bonds '
Compiled y The Aspoeuted Press
May 1
BOND AYERAC.IS
0 ID
Rms Indus!
. I'nch D 1
Net chanfr
'liuirrd.i.v
Pre. day .
Week a(o
Mnnlri Ago .
Ve,.r afi'i .
I!5S Hun .
l:58 Low ..
l(tS5 lllfh ..
1H55 Low .
. 95
. Vit
. 5 7
97 U
MS
lUt 3
M i
B7
36
4'-'i
S7', I Phil Morrn
an',
52
ri7',
is
!fl
!7,
23',
. AS',
. 27',
43',
Warner Pic
Wash Water P .
West Air Br
I WesleTi Air
Western Elec
Western Union
Woolworth
f-
'Zenith
127',
Ifl'l',
.. 70
. 4J'',
31s,
SS
8P,
37
31.
W't
3fl
48',
STO( R
i Net change
Thursday
Piev div
Week ko
Mont.i aw
' Yesf-' aco
I IBM Huh .
I I KM Low .
. I'.ti.i HlRll
I I'li'i Low
AVI.RAORS
30
Indus!
A
170 7
'70 1
1
272 S
220 1
27S1
H40
237 S
710 I
WO
sm I
!I3 7
M 3
H 7
S7 7
S
SS s
W 4
IS .
FjiI,
Al It
152 3
130 6
I.VI n
I4C 2
114 4
151 4
120
142 4
1141
10
tltll
D.I
95 2
US II
05 0
9S 2
97 9
IIS II
H3 0
IIS) 1
M 0
13
Ulil
A I
73 2
7J I
72 S
74 4
72 2
73 2
7I.S
75 7
S7 2
IS
Fm
D I
S42
St 3
S44
S4 9
Stl
S3 2
S42
MS
M0
CHICAGO
WHEAT
May
July I
Sept.
Dec.
Mar. '
CORN
Msy
July
Sept.
Dec.
Mar.
OATS
May
July
Sept.
Dec
RYE
May
July.
Sept.
Dec.
SOYBEANS
May
July
Sept. .
Nov.
Jan.
(API
Open SM',-24
108',-tX
111',
1. 14-1411
116',
I M
1 S6,-5S
1 SS,.4
1.43',
1.44',-lfc
,-
S',.4,
ss,
71',
IH
1 JS-JI',
iie,
131',
9 IS-IS
a 26-15',
274-7S
1 SS',-SS
iss-aot
Clou
l atJP m . ' im. alt,
ls;S vuy Vbitnnries
1 S3',.l,
! M'fU
1S7
1 43-42',
1 4S',-',
'.-.
M'i
1IT
1 sn',
1
134
3 IJ',-U
J I'a-I9',
ITS
IS7-ST',
ID-It',
British Mission
Asked to Leave
Saudi Arabia
ROME UT -Britain has pulled
its desert locust control mission
nut of Saudi Arabia, and the I N
Food and Agriculture Organisation
'FAO has bet'ti asked to raise
new non-British (earns to carry on
the work there.
A spokesman at FAO headquar-
!90 (i I ters here said Thursday the new
iwi o, teams had been requested by the
JJJJiSaudi Arabian government, which
i63 S 'ne unnrrsiooa also Had asked the
ii s I British mission, centered at Jidda,
Mrs. Aaf u,ta Ansel
At a local hospital April 30, late
raeident of Its W. Miller. Survived
hy husband. Oscar Ansel. Salem.
Daughters, Mrs. Avery Lash. Lois
Ion Ore., Mrs Mary Hawlev. Eu
fenV Ore, Miss Helen Anel. 8alem,
Mr, Betty McDouaL Salem, Mrs
Joan Ansel. Salem; sons, itohert
Aikel, Oscar Ansel Jr.. William
Anel. Michael Ansel all o! tMlem:
1 fraidchlldren, S sisters and t
brother all in the East. Service, will
be heir1 Frldiy.' May 4 at 10:30 m.
In the Chanel of the Virell T. C.o'den
Co. Rev E H. Becker will officiate.
Interment will be City View Cemetery.
Stki
At
ISf.Ti
US I
Dow Joih'h Averages
N'KW YORK i API - Dow Jones
cltxcinji; stink avei.ixes:
())en Hich Low Clone
mind,. 51:172 Jilt 37 311 4.1 SI4 03
20 RHs. 175 8.1 178 41 I75 4S 178 III
15 I'tl' 111 14 ti.3 5B 65 00 SS.4S
ti5 Stks. Il 76 !H:i:i2 IS1.15 185 7
Reasons (or the action were not
known.
Mrs. I! Iile Marsarel Klllla
At a local nurslnf home M.iy J.
Late resident of tei Spruce street.
Survived by daughters, Mrs. Atnes
Carbaugh of Salem. Three sisters,
Mrs. Agnes Paynt of Pendleton.
Mrs. Susie Nicholson of Portland.
Mrs. Cecilia Wamsley of Ran Fran
cisco. Seven grandchildren. Mrs.
Dolores Bauer or Salem, Mrs Marie
Pendergrait, Klamath Falls. Miri
Donna Carhaugh o( Salem. Chester
W. Carhaugh of Salem, Stanley S.
Carhaugh of Corvallif. Victor J. Car
baugh of Salem. Harold E Carbauah.
US. Navy. Sin Diego. Calif Ten
great-grandchildren Rosary will he
held Friday. May 4 at S p.m In the
Claugh-Barrlck Chapel Funeral
service will be held In tht St. Vin
cent d Paul CethohY Church Sat
urday. May 1 at 10 a m. Interment
Sacred Heart Cemetery, Gervais.
Anna Aschenbrenaee
In this city. May 1. Late resident
of Snso N. 17th street. Salem, at tht
agt of St years. Mother of Mrs.
George F. Kraus of SUverton and
Mrs. Hannah Rau of Salem. Also
survived by four grandchildren.
Harlan Kraut of Silverton. Ronald
Kraus of Salem. Delno Rau of teat
tie, Wish- LaMar Rau of Salem
One great grandson. Daniel Jog
Kraus of Salem. Sister of Gtrags
Bernhardt of Colorado. FuneraJ
frvlces will be held Saturday, Ma)
S at g p ro. in trie Chapel of tht
W T. RtKlon Co. Coneludtnt serv'
Ices at Belcreat Memorial Park. Dr.
Brooks H. Moore will offllcatt.
"No txeum now! Vosi'm off
got your CANNON foot ckth$r
8un, Morn! Thtrt's an
inaidt every Regular sis
bos of Brtwta, tht prvmium
detergent for family waah,
disbea, daintitt, loo.
122', Chicago livestock
vital reason for this The U. S. Government is a corporation with
fWirite apse's, including about one fourth of all the real estat" in
the I n'tod S:ates! I understand that an inventrrv of these federal
h'lr!"""; t :n he securer) frnm Senator Hayien of Arri.n:' Th:' renort
shovts that the novenwr.ert h-s oipg 400.0flfl.oio acres ef tanr'. about
4' l l-i':l' rh'ch ct'-t over 1 OOO.OOO.OO' v-r- ' -lfah'e i 'incr.-il
right i ryyvrV" ! v.a'er p'""'. ami many other o' t-'.
Furll-enr"''!'. 'here are v.-rious wav, nf fi"u'"r"' the "ue'nn'.eit
debt A' " ! v'utt .n to i'n pnvter to t.t .'if' titf r. ''I to nr'n!
mot:t-t . which no othe;- rorpnr.Hion has. the l ie'T.-l ('. . "rnrtent
keep-, bt'tiks in a very conservative manner. For mst.'i'j' if a n
Post Ofice is huilt in yt.iir comniuritv, it is not li-'"d m Ihe Cal:i!
Account, every private corporation would do. but is charged to
Operating Expenses.
"THK FI.V IX THF. OINTMENT"
Although there is no lack of security for (iovernmen1 Bonds
snd no fear of present outstanding I' S Government Bonds defaulting
on Iheir tounons, such bonds could suffer from inflation 1 refer to
the (act that the interest payment on Government Bonds is fixed.
Hence, if the value nf Ihe dollar declines, the price of long-term
Government Bonds might decline correspondingly Thi danger on
largely be offset, however, by buying short-term Government Bonds.
Inlatinn is a danger which all investors should carefully watch
and f:ht This is especially true in a democracy like ours, where
('4grMUfn ?nd Senators vote for mfbt'onar? treasures list tt net
reelected Such politicians are selling our country "down the river,"
or, as the Bible says, "fcr t mess of put age " 1 kn-i- roih n- abt.t
tiie porsibillties nf' World VV.ir III. but if it comes, I forecast that
our (iollar will no to thirty tents. In that cae. most Government
1'iond holtlfi-. e investors, cntpiovcrs, wagt-workers. and houM
wive, too u til sutler.
rows, ZO.OU-au.uu: utility.
28 00: canner and cutters.
.tf.00.
Beef cuts 'choice steers' Hind
quarters. 41O0-4C ()0: rounds
33 03-42 00; full loins, trimmed.
A10II-4M.09; forecwrter. 2S 00-
:'i eo: c'tuks, 2" 00-11 00: ribs,
'2 C0-4fi 00
I'm . tu:' Loin, choice. 8 10
ll'S. 4." OO-IS.U : .shoulder . l'i lbs.
diun, 21.00-28.03. sparenbs, 38 00
tLOfl: (tesh hams, 10-14 lbs. 4".0O
.")0 on.
'eal and calves Good-choice,
al weights. .3:1.00-49 00, commer
cial, 2D 00-41.00
Spring lamb Choice-prime, 40
50 lbs. 41 00-44 00.
I.ambs Choice, 4o-.',0 lbs. 39 00
41 00; good, 35 00-38 00
Wool Nominal, clean basis. ',
blood 1.00-05 lb; blord. 1 0MI3
lb, blood, 1.12-18; fine. 1.17 23.
(ounlrv -dressed Meats, l o b.
Portlcd:
ulility. 21-22 lb.
quality, litrhiweight,
heavies, 2-25
light h'orktTs, 23-21;
Aircraft, Rail
I Stocks Jump
i;W YORK If -Well founded
slren'h in aircr.ifts and railroads
Thursday formed the basis for a
moderate rise in the stock mxrkt-t.
The Associated Press average of
fifl stocks was up 90 rents at
$190 no The railroads component
ol Ihe average added $1 W at
$152.50, highest since 1929. Indus
trials were up 60 cents and utilities
gained 10 cents
The market broadened to include
1 201 individual issues of which 584
Old Soybean
Price Drops
CHICAGO F-Old crop .soybeans
again slid sharplv lower on the
Board of Trade Thursday but new
crop months finished with only
small price changes.
Soybeans continued to dominate
trade at'cnlion In other cereals
wheat had a weak undertone but
corn, oats and rye firmed.
Wheat closed 1 J lower to l
higher, corn 1 t higher, oats
't-'s higher, rye 1 to 3 'i higher,
soybeans 9 '? ower to 1 ', hisher
and lard 15 cents lower to 35 cents were higher and 397 lower with 86 j
Bet '- Cow
cu'lers. 10 21
Veal Top
33-37; rough
Hog Best
Ic.-i li"ht sows, 17-18
Lambs G.'od yearlings, .l-VIM.
Million L'?htwe:ght ewes :nd
wethers, 12-14; rough heavies,
8-10.
F resh Produce
Onions Oregon Danvcrs. No. 1
med. 2 25 50: Texas yellow, Ige.
4 00-50.
Potatoes Central Ore Russets.
No. 1A, 100 lbs. 3 00-6 00: No. 2.
30 lhs. I 75 2 10; bales. No. Is. 5-10
lbs, 2 75-3 00, Klamath district
Russets. No. 1A, 6 00-50; Idaho
Russets, 100 lbs. 6 00-50. some to
7.25; bales 5-10 lbs, 3.50 4 00..
Hay New crop. No. 2 ?reen
alfalfa, baled, fob. Portland,
43 00-47 00 ton, some sales higher.
PORTLAND UP 'CSnAl-Cattle
salable 150; fed steers, heifers not
adequately tested; quotable steady
at weak-50 cent lower trend; bulk
choict fed steers this week 19.50
20. SO; top early in week 2100 for
around three leads; truck lots high
25.00-: good 766 lb heifers.. 18S1.;. canner-,
22 00- cutter cows largely 9.00-11.00, few
to 11.50; few utility cows 12 00-
13.00; utility bulls salable around
15.0O-lfi.5O.
Calves s.'i'able 25: scattered
sales about steady, good vea'trs
2"0J-2(r1; r'lo ce .m-V.M: culls
S' hib'e d ..'. ru ar(l lo 9 00
I'o-s '!.:' 1.0. niarkc' modtr
ate'y ."cti.c. abtiut s'eady; sorit l
lots 1 S. No 1-2 butchers 180
235 lbs 17 25 75. X -. 3 butchers
16.2.V.:0. sows 300-500 lbs listed at
11.50-14.50.
Sheep salable 350; market ac
tive, steady-strong; lew lots cho.ee
and prime spring slaughter lambs
25 00: odd head good 21 00: 199
head lot good-choice 88 lb old crop
slaughter lamb: carrying No.
pells 17.50, sorted 10 p-r cent
15 00; ore Id good shorn im,
5 00: c;ill -utility eves listed al
1 . ,1-4 .50.
Salem Quotations
i Al of lat yeMrranyt
HI TTtRFAT
Premium
No I
Ill TIER
vV ho, Malt
Rptail
tGGI (Buylm)
tWholesalt pricei range from I
to. I cejiti ovtr Duytn ortcel
LarttK A
led ii it. A
Simp!
Co' rcd
I.rrhftr-i
liens
Iiivestnicnt Trusts
i i ka Si.iiitlirr A.' Co loc I
I CHICAGO lAPl-il'SDA - Hofs
i 10IHHI, week to 29 lov.c . mixed No.
1 In 3 1IKI-270 lhs butchers 14.74
115.25. lop 13 80. Nil. 2 and 3 2'0-3IO
'lbs 1125-15(10. kui 11 50-13 75
i Cattle 2. Mo. calves 2ii; slrers and
heiters we.ik. cowii and bulls steady
to 23 lower, vealets steady; stockers
and feeders steady; a few prime 1.150
lbs. steers 21 50; most good to low
choice steers 111.75-19-25; choice under
1 ."00 lhs. IP 50-2O 25: some utility and
commercial Holstein steers M. 00-1500;
cooice heiters 16 75-20 25; food to low
choice helfeni 16 25-1S50; mo?t utility
' and commercial cow 11 00-13.90;
cnnerR and cutters 800-11 '.5: bulls
14 oo-it! 00: a few choice and prime
vciilcrs ?HCir moht rood an1 choice
:i iH-2.1 i.l 1'ii'id 1 ."i(-l 740 lhs vear
lim: o,k f;e-.s IS00 antl 18
S eeo 5011. stca.-Jv to we,ik; niostly
Ci.iid slur ii l.imh; No 1 to 3 pelts
21' .'.o-:'! ,')i t, i 'oi.l and choice
w.iM'ecl l.li' lis 2153-2.15(1: most cull
t, ,.w re ' li.inl-1 14 C't-20-M: shorn
i u. .- tr . -lion, oi'd l ead wiwled
t-f (i 00 d iwn
(Ihiravo Onions
A I f i : l . I e J Fund
C.imdiu.'i Fund
t'crturv S'inrep Tru&t
Cheimciil Fund
Delaware Fund
I)i. c; lnvei--l Fund
I J i . c! - n ri Sharf
Faton K H Hal
Cas Ind
Croui' l'ubauo
lncnrp Investors
K"v Coat. Fund:
n-.i
11-4
Bid
.. 20
19 72
24 37
17.79
11
2 SS
Fund 22 65
14 S2
4 411
20 47
Portland (.'rain
PORTLAND f - Coarse grains.
1 5-day sir; irent, bulk, co?; deliv
ery: bats 'No. 2. 311 lb white 58.50.
Barley M. 2. 45 lb !'. W. 49.00.
Coin No. 2, K. Y. shipment 71.30.
No wheat transactions
Car receipts: Klour 5, corn 4.
mill feed 4.
Nail
In,
Fund
Trust
ilond
111
Sec Serie
-I li. Sa"Mta
,r ; Sc: ics
l S.urk Series
tl 11. v Series
N.i
.i
Pioneer Ford
Icl.-tl'f Fund
Vilue Line lm- Fund
V. eliinrtun Fund
11 14
.. iii m
.. ti.SS
12 83
. 1C 7S
S 8
.15 D3
li 4.'.
B US
IM
. 4 17
t; 17
14 2t
12 II
li 2d
l:i 89
Atked
B 71
21 34
2 35 .
Ill 24 1
12 tW ' Jan
10 511
3 17
24 21
15 ItS
4 83
22 13
211 SS
it u:
1(1 54
14 00
t: 73
8115
38 E I
7 05
80 I
H C8 i
5 4t ;
CHICAGO I API Onions
Open lilKtl Low Close
Nov told) 1 55
Nov. (new 1 fit) 1 ti9 1 14 1 h.i
1 86 1 HH 1 85 1
HOFFMAN'S MEATS .TSSm-
W Fcofur U.S. Govrnmn Graded and Iniptcted Mo
U.S. Good Grodo BontUu Endi A Pitctt
Sviss Ernie Bacon
CHOPS Lb.1 Now-I4$pe,f
H1 600D6MDf LAMB
BEEF ROAST Utrtu-An
BNEKGY ERNIBJ
by
I
15 V.
Ill M
i: u
Markets at Glance
NFW
(lliiciifjo BuUfr-Egps
iAP
i it'SDAi I'uttir
sclllni! pr ! up
sriii p 5'' '.'."i-riti A
57-37 5. C UK id 23-
rHICARO
Sltd(l U . (l'i
chanced A A
92 39-511 5. H
Stl. 75.
EltRS sIp.hIn to firn.;
split nf prices ululisniied to
hlflhei inlnimuiTi 60 pr--extra
larsi .in -40 5. extras
36 5-37 standards 37 5-37 75
35
.'.nlcsale
lj! cent
ent Al
medium
checks
YORK i A I'.
Sto. I: Hijhei , i.i.l an. I i,ll rallv
I.,, ids liiunei utilities ,v intlu--ti.dia
aovdiice
Cottnn Mixed, linuicl.i; (un ) s.ioit
co er,r
C'lltC'ACiO
Wne.:: F.,i.s . see liiip-med Clop
pi .ispecls
Corn -f'li in; may hike some sup
P"it nriii-s
t:at Finn v.illi i in n
Snv -,i ails (lid imp cry weak
ni. iicp steacl
Hors- Rutchers down 25 cents; top
Jl.i.flt
Cat le Steeis, heifers weak; lop
i $21 SO
V KJLLEZ.Ar'iiit5O0N r4 IO60AH0 HEeVPIN' XV-T Y SCXKjL J
W' WAT MEJZSy)l7 " II ITr"Tl5i55
?CCZE5 A KiOU V 'tl (tWil ' LeTMETrtiNKOF Y i
Jml SlyrtSW
r e p"
a hundred pounds higher
Wheat eased on an estimate by
f. (ialvin, crop statistician for
Francis 1 du Pont It Co.. that
winter wheat production would
total 720.435.000 bushels. This was
op a bit from the government's
April 1 estimate of 716.477.000
new highs for the year and 3R new
lows.
Volume came to 2,640.000 shares,
a comfortable expansion with
rising prices. That compares with
2 440.000 shares traded Wednesday
when prices on average were
lower.
DAILY CROSSWORD
ACROSS
11
12
14
IS
1. Kettle
4 Knock
7 Ready
money
9 Cuckoos
10 Wide
mouthed Jr
Prickling
sensation
on skin
Reprove
mildly
Esker
Marshy
meadow
17 The patella
19 Hewing tool
20 Lair
21 Brntlt-lik
organ
Kvil
Exclama
tion of
disgust
Filmy
covering
on top of
liquid
2 Fuel
27 From
i prefix)
29 A statistical
book
31 Disfigurt
32. Note of
the Kale
33 Subsidising
35 Length of
walking step
37 French river
38 Ornamental
knob
39 Decays
40 Large worm
41. Upward
curving o(
i MM
Tfiwu;
DOWN
1 Capital of
the Balearic
islands
2 Capital
I Nor 1
3. Kxpressed
gratitude
4 Lift
5 Full bloom
6 A peak IF )
7. A
manuscript
book
9 Young hog
12 A wing
13 Wayside
tavern i
1 Mineral
spring
18 Letter
of
the
20 Capi
tal i Syria)
22 Drunk-
loafer
I. slang)
I'.l Agents
24 Man's
nickname
25 Paper
fasteners
26 Gun I slang I
27. People of
Denmark
Yrstrrds)'s Aier
28 Unit of
work
30 Requires
31 Foggy
34 King of
beasts
34 Devoured
22
23
24
si r r b m
" i" i
m -
""11"
wM I w Wa
K Y Mills Festival J
lr vlV ft) Here arc a few of wonderful waytyeni' II en joy
fJgTJ J n Mayflower Milk products. Serve them often f
y0Uf am''ir m0re 'C
AT TOUR DOOR OR AT
YOUR LOCAL INDEPENDENT GROCER
Phone 3-9205
)