The Oregon statesman. (Salem, Or.) 1916-1980, May 24, 1956, Page 8, Image 8

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    Portland Markets
Portland Grain
PORTLAND JH Coarse grains.
15-day ihipment, bulk, coast deliv
ery: Oats No. 38 lb white M 00-
M. Barley No. 1. 4S lb B. W. 49 SO.
Corn No. J. E. Y. ahipment 71.00.
Wheat bid to arrivt market,
basis No. 1 bulk, delivered coast:
Soft white 117; Soft white (ex
cluding Rex) 2.17; White club S.17.
Hard red winter: Ordinary 117;
10 per cent 1 17; U per cent 1.23;
U per cent 12.
Car receipti: Wheat 45; flour i;
corn I ; cat! I; mill feed t
Portland Livestock
PORTLAND leWUSDAl-Cattle
talable M0; market uneven; fed
, itcer. lew heifers active, steady
strong; cowa generally slow, about
ateady at week's earlier 1 00 de
chn; some cows carrying lower
bids; load average choice 1.0M lb
steers and part load 944 lbs 20 50;
Eart load good-choice 889 lbs 19 65;
ng load choice 923 lbs 20 00; few
high commerdal knr good steers
11.50-18.00, including few Holsteins
to 17.00; few light cutter steers
dowa to 10.50; few good heifers
17.00 18.00; commercial heifers'
15 00-16.00; cutter utility heifers
Portland Produce
New lYork Closing Stocks
Reported by
Merrill Lynch. Pierce, Fanner and Bean)
Admiral Corp IS',
Al Cham St Dy.m
Allied rt 4
Alii Cham .. SV,
A Iron . 114'i
Aluminum i.uj
Am Airlines .... 22
Am Can ... . 4.1'j
Am Cyan s'.
Am Motor 7
Am atl Fdr 4S
Am T T laoi.
Am Tobacco . , 7u
Am Vine row ;. m
Ante Copper ... 7si
Armco a?
Armour jo'k
Atcheeon tob M7J.
Avco . '
S)
PORTLAND (fl - Butterfat -
Tentative, subject to Immediate
change Premium quality, deliv
ered in Portland. 6043 lb; first
quality 17-60; second quatltr 52-35.
Butter-Wholesale, f ob. bulk
cubes to wholesalers Crsde AA,
92 score, 594; A grade, 92 score,
',; B grade 90 score 17; C grade
89 score, 55.
Cheese To wholesalers Oregon
aimles. 41-46 lb: Oregon Hb loaf.
iiu.ui Rendu Avla
it..,
Eggs to wnoiesaiers canaieo. 1 nun sti
f o b. Portland, A large, 44-43; A I 5," A,r -
medium, 40-404; A small, 30-JO'i. Iflnrg Warn ""
t:ggs--To retailers-Grade AA. 1 C""ru1,.
large. 49-50; A large, 4M7:' AA ' .
medium, 43; A medium, 42; A CaTtf Park
small, 32. Cartons, 2 3 cenU addi- l'mP
tional.
Egg To consumers AA large,
54-59; A large, 52-57; AA medium,
50-55; A medium, 49-54; A small,
39-44.
Live poultry No. 1 quality,!
f ob. Portland-Fryers, 24-4 lbs.
at farm M- liuhl ham 1T.1S I
at farm: heavy hens, .20-21 at c!ll,'"ivi"r '
farm; old roosters, 11-12. Cx-a cola
Turkeys To producers L 1 v e rmrreriit
weight fryers. 27-28; breeder tur- Comw riion
hens, eviscerated. 32 33: Wl T....".on
oreeaer loms, m-w. f ont c
Can Dynamic! ',
Can Pac Hv
Caw J
Oaterp True .
Oe I,(
('elotex ..
Certain ted . "
C"hea Sc O Rv
Chi M S, si
Chi NW By
Chi R I. fly .
Chrvaler
Clllct Serv
Ge Klcc
Cm Foods .
Gen Motors
Gen Tira
Geo Pac Ply ...
r.illett
C linden
Goodrich
Goodyear
Grace W R
CM Nn Rv
Grt Writ Suf
Greyhound . .
Cull Oil ...
H
Homeitaka M
I
Int Harvait ...
int Nickel ...
Int Paper
. SO
.. 41'.
... Mi
.
... .17 ,
. an
. ''
42',
. 21'.
1S,
IIS
IS
Phllce Corp ,
Phil Morria
Phil Patrol
Plllabury ,
Proc At Gam ....
Pu Sd P It L ,
Pura Oil
2S,
- 45',
.
... 4i.
.107',
- !'
4ila
Selling
. 51 i
. SI'i
1M.
. SI Johnt-Mani
.. an'i Jonn A M Stl
441,
.. 34 ", Kalacr Alum
I Kannacott
Kfrn Und
.TO 1.
H . I ibbv Mi N .
I2't l.iss Mvcr
Uir Glaj
l-khcd Air
42 , Loaw'f Inc
lxn Ball A ..
Lorillard
.IS
.1
12S
4S
1A JIA ta KA. .An rttt tl 1 1 1 ft
lorolv 7 0O.0V1- (w rwvf
M"a. - ' -- -
1 , 1 ft. MM. 1 1 1 .m
mostly JO.W'll.w; sonea loaasi ".-; rr-,n, ro
fTiu fed cows UD to 12.00; com-.Live white. 3S-4'i lbs, 23-26; t-8 rwn zaii
IUB. to-i; uiu vuiort-u pciia a ii-nis
loss; old does. 10-14, lew higher. ! n
Fresh killed fryers to retailers, 58- ;r(,ru
W, CUl Ul, tu-oj.
mercial cows scarce; few light
' canner a cutter bulls 10.00 13.00;
Utility bulls 13.50-16.00.
Calves salable 100: market slow;
sales, bids weak to 1.00 lower;
few choice vealera 20 00 - 22.00;
good vealera 17.00 20.00; culls
downward to 9 00; heavy calves
scarce.
Hoga aalable 300; market slow,
early sales 23 to mostly 50 cents
below Monday; some late bids oil
more; early sales sorted V. S. No.
1-1 butchers 180-235 lhs 19 50-20 00;
few head 20.25; No. 2-1 lots 18.50
19.00; sow 1 fully steady; few
Choice 3OH30 lbs 13.00-16.00.
Sheep salable 400; narket slow,
early sales spring lambs again
weak to SO cento lower; old crop
lambs mostly unsold with bids 50
cents to 1.00 lower; few lota most
ly choice spring lambs 23.08-50
Ana Int AlmlAa nrliwi 4S 7S- faw
utility good spring lambs 20 00
22.00; few lota good shorn old crop
lambs 14 50-15.00; one lot mostly
choice 104 lbs 17.00; utility-good
slaughter ewes 1.00-4 50; few fat
ewes bid down to 2 00.
. 31
. SI'i
. m,
.. IS',
. JHH,
. !
. n't
. S7,
.. 4.1
.121
.. S7
.. 4l,
40i,
SI-,
14
.-.',
. f
M
Masnavox
Mann Fiald
M It M Wood ...
Merck St Co
Mont Cham
Mont Ward
Motorola
Wholesale Dressed Meals
MostGrdns
End Higher
CHICAGO UB - A majority of
grains ended higher on tho Board
of Trade Wednesday, bouncing
back from a inld-marning aeUlog
aaualL Deallnu vero alow.
, Wheat closed VI V lower, con
VtAk hisher. oats ft lower to H
higher, ryt unchanged to high
er. Tcrbeimi-IWVt-bJgher and
lard 10 to 17 cents hundred
pounds higher.
Beef carcasses Steers, choice,
34.00; commercial. 2900 31.00;
34.00; commercial, 2500'- 3100;
cows, 250-300; utility, 24 00-
28.00; canners and cutters, 22.00
25 00.
Beef cuts (choice steers) Hind
quarters. 4200-46 00; rounds
39 00-43 00: full loins, trimmed.
61.00 67.00; forequarters, 28 00
29.00; chucks, 28.00 - 31.00; ribs,
42.00-46.00.
Pork cuts Loins, choice. 8-10
lbs,' 49.00-54.00; shoulders, 16 lbs,
44.0; fresh hams, 10-14 lbs, 48.00
S2.00. '
Veal and calves Good-choice,
all weights, 32.00-45.00; commer
cial. 28.00-40.00.
Spring lambs Choice-prime, 40-
50 lbs., 48.00-50.00.
Lambs-Choice, 40-50 lbs, 41.00-
4460; good, 37.00-4200.
Wool Nominal, clean basis,
bloof. 1 00-05: blood. 103-08; '
blocd, 1.12-18; fine, 1.17-23.
Country-dressed Meals, f.s.b.
Parlalnd:
Beef-Cows Utility, 24-27 lb;
cutters, 20-22.
Veal Top quality, lightweight,
13-35; rough beavies, 22-30.
Hots-Best light blockers. M-25:
Wan light sows, 18-20.
UunDs Good ycarluigs, n-36;
Onua Air
Dow Cham
Du p da Na
Fan! Air I...
Eat Kodak "
El Paio c;a
Emar Radio
tx Callo
r
EKlrchlld
Ehntkota
Ford Motor
Natl Bmcuit
Null Cnsh Rr
Null Dairv
Na'l Putlll
Null Gvpsuni
Nail Lead
N.ill Supply
NY Cfntr.il
: No Am Avia
I7'i 1 No Par Hv
',;NW Alrllnrj
771,
. aa,
20i.
. 4'i
. SflJ,
VII,
10
SS
I?1
Olin Math
Oiu Elev .
Pibro
Pac G El ....
Pac TfcT
Pan Am Air .
Prnncy J C
Prnn Rv
371,1 Prpsl Cola
541, j Phclpn-Dodja
90
.., 45',
4a
12'i
. 46',
. IS
. 7'i
. S2',
. 4V,
IT,
7
. IS',
. !,
S4-,
. .12',
SI'.
40.j
as,
43,
18',
25
M
!l
t.t
40
S4I,
IS' j
IS'.
S2'.
42
SS'.
. SI',
-l.VP,
- IS',
. S7,
..
. :.v,
. 67
Radio Cort ....
Rayoniar Inc
Ranub at)
Rcynoldi Mat ..
Ravnoldi Tob .
Rlchliald O ....
Royal Dutch
a
ftafrwty Ktra .
St Joe I -cad . ..
st I, sr rv
St Rrait Paper
Rchcnlay Ind ..
Scott Papar .....
Scan Roa
Shall Oil
Sinclair Oil
Skfllv Oil
Soconv-Mob ....
Sou Cal Edl
Sou Pae Ry . ..
Sou Ry
Socrrv Rand
Sid Branda ....
Sid Oil Cal ...
Sid Oil Ind ...
Sid Oil NJ ...
Studr-Park ...
Sunray Oil .....
Sumhlne M .
Swift It Co
Sjlvania ZI .
r:
44
70
84',
101',,
U'i
46',
'"'a
. S7',
30',
S2',
....... S.1,
S2',
'a
- II "a
S2',
114',
, 25',
42,
100
.17
- M'i
S'a
',
- S'a
44
S2't
Texaa Co
Texaa Gulf
Textron
Tidt-Auo
Tranaam
Trana Wo Air .
Twcn Can Eox
t'nlon Catb
Hnion Oil
t'nlun Pac Ry
I'm Aircraft
I'm Air Linca
I'ni Corp
I'ni Ert.it
t!S Plvwood
I'S Rubber
US Steel
Late
Drops Stocks
NEW YORK It) - A late sell-
off knocked the props from under
an early stock markeV rally
Wednesay and the result was just
one more decline.
The market on average reached
its lowest point since last Feb.
29 the day President Eisenhower
announced he would be available
tor re-election.
The Associated Press averace
of 60 stocks dippeV) 81.00 to $180.10
compared with $179.10 on Feb. 29.
The industrials were down $2 00,
the rails down 70 cents and the
utilities were unchanged.
It was a fairly narrow market
with 1,102 issues traded. Of these,
Ml declined and 357 advanced.
There were 67 new lows for the
Mock and Bond
CanaHleS ay Tie Alalia ted Prata
May 23,
STOCK AVIBAOta
SO 1S
Induat Ralls
Nat change D2 D7
Wadnaaday 2S2 143 S
Prav. day ...JMt 144.)
Week aio ... 25S IT 148 S
Month ao . 204 7 14S7
Year afo ..... 220 S
1!(M Hlh 27S1
15 liw ..... 244 ft
lS Hlh 217 S
185J Low 203 1
IMS
1MI
120
142 4
1141
BONO AVMAOCS
so id
Rails Indurt
Net chanja ... Dl A 1
Wadnaaday . 5 0
Prev. day 95 2
Week ago ....... 95 S
MonUi ano
Year ago .
15 High
Hi5S U ...
15S High ...
IMS low ....
MS
S 7
.Ml 3
. 9 2
. 9S
IMS
SHI
m i
Mi
D&.S
Wl
77
05 S
SOS
4
IS
Utll
Unch
71 S
72 S
12 S
12 S
12 4
75 2
71 S
75 7
671
IS
tltll
D I
SSS
05 1
S4 S
5 1
S7S
MO
S4 S
J00.I
wo
SO
Btki
DI0
ISO I
181. 1
184 4
187 S
163 S
191 i
171 S
161 t
IMS
IS
Ern
A 1
S42
S4 1
642
645
64
65 2
8.1
66 5
S4 0
Salem Quotations
(Ai of ,ta yattardayt
BUTTtarA
Premium
No. 1
nurrsa
Wholeaal
Retail
sons (Bayiai
(Wholeaala prices range from I
to I rent over buylnf price)
Large A JS
Medium A , .11
Small .23
POILTRT
Colored Hent JO
Leghorn Hena .11
C olored f ryera )
Colored RoaaUsri . JO
Old Kooitera .11
Investment Trusts I Western Securities
fgtlks, Bmlther.gf Ca. Inc.)
Markets at Glance'
year and 10 new highs.
Volume totaled 2.140.000 shares1
compared with 2,2JO,000 Tuesday.
NEW YORK. May 23 (API
Storka Ixiwer; trading modarata.
Bonda Mixed; fovernmenti high
er. Cotton Irregular; trading quiet
CHICAGO
Wheat Faiy; ralni In Kanaat.
Corn Firm; light receipt ol caah
corn.
Oata Mixed: imall price ehangea
Snvbeana firm; rallied at clone
Hoga Down 25 to 50 centi: top
118 65
Cattle Sierra, heifers Heady:
top l:'4 00
Bid Aaked
Affiliated fund 4 05 655
Canadian Fund IS 27 21184
Century Bharea Truat . 11.19 25 03
Chemical Fund .. 18 95 IS 33
Delaware Fund lint lilt
Diver. Inveat. Fund 8 2S 10 IS
Dividend Shtrea 2 76 3 0.1
Eaton H. Bal. Fund . 21 S7 2.1 4
Gaa. Ind. 13.D7 15 27
Group Tobacco 4 2S 4 68
incorp.. invaaton 18 21 SO 77
Key Cuit, Fundi:
B-l . 18 is 20 04
B-4 IflflS 1186
K-l 8 5S 10 46
J-I 12 25 13,37
S-4 10.21 11.22
Man. Bond Fund 8 OS 8 85
Maaa. Inveat. Truat 13 84 M. 68
Nat'l. Sec. Hence:
Income Rertea S 2T ,S85
Stork Berlei S 4 8 26
Praf. Stork S ..... S 18 8 61
Natl. Dlv. Serial 4 IS S 23
Natl. Growth S II S 66
Pioneer Fund 13 US 13 17
Tel.-Elec. Fund 11 85 12 70
Value Line Inc. Fund . S 10 6 61
Wellington Fund 13.31 14 73
(Ztlk. Smlther It Ca, Ina
Diphtheria has been
minuted as a cause
the I'nited States.
virtually eli
of death in
Theae bid and aik quotations rap-
resent n r li.a i..U ... .-
dealen, members of th National A a.
oclalion oi Security Dealer's Inc.
would trade with th general public
at th tim tha quotation wr
"a ai a p.m. yeaieraeyi
... mm
( alir -Oregon pner 3'i't
(.aacaae Plywood 35',
Conaol. Freight 15'4
Iron Fireman 12',
Janttan Inc. Com 21 'a
Meier tt Frank ... 151.
MnrrlKMn.Vmtrl... m.
Or.-Port. Cement 61',
Pac. P. Sr L. Com 29
Pop Sr Talbot 251.
Portltnd Gaa a, Coka . '..31'.
Port Can. Elc. 23 U
BANKS
Bank ef America ... 36'4
Bank of California . 74',
Chaa Manhattan 41.
Flrat National 82'a
rirat Nat. City NY . 60',
U. 8. National 741,
Aaked
34',
S'
w,
2.T,
17
45",
S1,
3P,
28'
.'14',
25',
11',
W,
'
M'
62! a
la
More than 1,500 saber-tooth tiger
skulls have been recovered from
the La Brra tar pits at Los An-Kelos.
Dow Jones Averages
NEW YORK (API - Dow Jone payers $300.
ciuaing aioca average:
High Low Clme
30 Ind .481 60 4738 480.16
20 RRa 170 99 1S8 50 169 07
15 UU1 66 OS 65 61 SS.79
S5 Stock 175 74 173.20 173.61
Chicago Grain
CHICAGO AP-
Ope Cton
WHEAT
July 0Si,,.(i lOS'i-'i
September 106 3 07-07',
December 1 lO-'i ,
March ; 111 2,10-0',
CORft
July t.M'a-t, .S2.-'i
September 1 52,-, IM',-53
December 117", 1 .38-36! a
March J.40,-41 1 41 '.-41
OATS
July . 6'a-! 66
September 1sa
Decemoar II T0ii-,
March 12 '1 12',
RYE
July 114', 124',
September 1234,-24'', 124',
December l.M',-21 1 271,
SOYBEANS
July 116-17 1.16-16'i
SeD.amber 111-11', 2 70-10',
November ' 2 51-52', ',-')
January 2.55 IS.I'-n
March 1 87 2 58,
Oiieago Livestock
CHICAGO (API (USD A) Hngn
I. 500: 15-50 lower; bulk No. t and 3
lotl 11S-28S lb. butcher 11.50-18 00;
37 head ntoatly No. I 2f lb. at 18 65;
maat ro-ll lb. It U-n.50. aowa
II. 50-13.75.
Cattle 15.000', ralve 300; atceri and
heifer fully ateady; cowa weak to
15 lower, bull fully ateady; vealera
weak to moat I y 100 lower: atockera
and feeder ateady; prime 1.030-1.455
lb, (tear 13 00- 24 00; high choice
and mixed choice and prima ateeri
Under ISO0 lb. 21.23-22.50: bulk
choice (tear 20 00-21 00: aood to low
choic 17.XS.1B.7S; high choice and
mixed choice and prim helfera
21.25-85; choice heifers 1350-210(1;
good to low choice 17.25-19 25: util
ity and commercial row 11 50-13 50:
canner and cutter, 10 00-12.00: bulla
11.1B-16.50; good and choice vralert.
21 00-26 00; good and choice 550-675
lb. yearling etock ateara 1100-18 50
Sheep 600; steady: food to prime
old crop ahorn lamb 95-inrt lb with
No. I and 1 pelt 22 50-24 O0: Vhoire
and prim inring lamba 60-95 lb
2600-18 00: cull to low good spring
lamb 22 00-28 00; (horn (laughter
ewe, 150-510.
top grade sprinbers, 45-41.
Mutton Lightweight ewes and
wethers, 12-14; rough heavies,
8-10.
Fresh Produce
Onions Ore Danvers, No. 1
mcri. 2 00-30; Texas yellows, Ige.
2.7.".-" 2.V
Potr' ces Central Ore. I.ussets.
No. 1A, 100 lbs. ,V)3-73, few 6 :
No 2, ' lbs, 1 75,-2 10: bales No.
Is, 5-10 lbs. 3.23-50; Klamath Dis
trict RuJets, No. 1A. 6.00-50;
Idaho Russets, bales, 5-10 lbs, 3 50
400; Calif. Long Whites, No. 1A.
100 lbs, $.50-6 00, few to 6 25. I
Hay New crop. No. 2 green I
alfalfa, baled, fob. Portland, I
43.00-46.00 ton, some sales higher. I
. : U'arnae PI . I ,4 ; . ' ,": 1 U W I fllll . f-" II K Bl
P I Wash Water P " Mi- lt.l 11 U' 1 1 11 ft 1 11 11 JW " HW-?T
(1
One estimate is that each juvenile
'delinquent child costs the tax-
A. O. Smith
PERMAGLAS
The Finest in
Gas Heating by
Day Heating Co.
"Firet ill Gea Heatiof in
Seleaa SkK ltU"
Frit Survtyi Eslimatei
22S Division Ph. 34822
.-; - - 'jn r-'
Chicago Butte r-Eggs
CHICACO (AP) (USDAI-Butter
ateady: wholeaal aelling prlcea un
changed; AA 93 rore 59 25-5U5: A
2 SV-SS SB; B l 51-11.5; C SO 55-56
Egg rely ateady; wholeaala aell
ing prlcea higher to 'i lower: min
imum 60 per cent a extra large 38
40; extras medium 6 5-37; ttandarda
JSJ-37; check 34-34 5
Chicago Onions
CHICAGO tAP)-
Opa High Low Cloaa
No, loldl .... .... . . 1.33
Nov. (new) J SS 110 1 SS 166
Jan. lM IN 1S1 IS4
Mid-Valley Log
aflafwO
C0RVALL1S ll - Log prices
hold firm in the nast week, despite
gome lumber market weakening;
In aheathing grade plywood ana
green Douglas fir lumber. Oregon
State College laid Wednesday in
its weekly forest report.
Willamette Valley mills paid
mostly (55 a .thousand for long
No. 3 Douglas fir sawlogs. .
Platinum was used as ornamenU
by South Am eric sn inaians johi
before Columbus lanaea-in nnm-
i ...
Som poplef um earth woniu
- ..... .
-4V-pa--. V- '?
IT v o y IVS l B IB I Bl P
A S.FP a M 1
r i f v ss i h ij is. n u fi ti ii ,
;f J
.1 h - - 1 iva- ' V 4 I "m" -T . - a..0
1 1 : I P ') Vi-lfN
i m 9 "- i
I : -.''. ." :...-. I
I
L ,. '
Friendly sports . . . like golf I Very charming company... like this I
Just naturally calls for the light, refreshing beer... Blitz Weinhardl
Discover for yourself the light, refreshing beer in its bright new anniversary
package... the light, refreshing beer that belongs... when
it's time for something special!
the fight
refreshing
beer
lor looa