The Oregon statesman. (Salem, Or.) 1916-1980, February 21, 1958, Image 27

The Oregon statesman., February 21, 1958, Page 27, Image 27

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Newspaper Page Text8-(Sec. Ill) Statesman, Salem, Ore., Fri., Feb. 21, '58 I Portland Produce Markets-Business Reports Babson Reports: Salesmanship Best Way to Check Slump By ROGER W. BABSON rspyrlf ht 1M( PukltthtM rtnaacial Burran, Incorporate BABSON PARK, Mass., Feb. 20-Evtfyone is sware o( the tact chat employment has recently been (ailing oft. Despite attempts at rationalization of increasing unemployment as "seasonal" or as oc curring only in "certain industries," we should face the fact that it is already more general than is healthy for our economy. It is important that this negative movement b checked as soon as possible. Among many suggestions coming to me. I especially recommend 'the following by one of the Babson Institute professors, Louis Foley. SALESMANSHIP IS THE PROBLEM There is only one way this mounting un employment can be checked. This is by increas ing consumers' demands tor the goods and sprvifM that initiKtrv run nrnHnre Fartnrv wheels cannot keep on turning, and jobs for workers cannot continue to exist, unless their product is being con tinually sold. Successful salesmanship is vital to the prosperity of all, including those in occupations not directly connected with sell ing. So the threat of growing unemployment becomes primarily a problem for salesmen of goods and of advertising. In the buyers' market in which we now find ourselves, salesmen will need to exert themselves more strenuously than they have been accustomed to doing. This is not, however, a call for "high pressure" selling in the unfavorable sense. It is neither honest nor effective salesmanship to mesmerize people temporarily into buying what thy do not really need or desire, or what they cannot truly afford to pay for; in other words, what they ought not to buy. The best salesmen are not necessarily "fast talkers." They use their intelligence in analyzing the situations of possible customers and in deciding where genuine sales possibilities exist. They have the imagination and the ingenuity to demonstrate to the prospect bow their product is fitted to his requirements and can furnish him real benefits. These be will appreciate when they are shown him, and will want Salesmanship is fast becoming a profession, actuated by professional standards. GOOD SALESMEN ARE REQURED More than ever before, it is necessary for the salesman to havs thorough knowledge of what be has to sell. In many lines nowadays it is indispensable to nave an extensive technical acquaintance with the products offered, in order to explain accurately just what kind of service they can be depended upon to render. We have evolved an economy is which success in salesmanship requires an amount of preparation and continuing study that our ancestors would not have dreamed of as requisite for being a "mere salesman." We have come a long way since the time when "persons of quality" found it obviously natural to look down upon those who were engaged "in trade." Salesmanship has become a completely respectable occupation because countless intelligent salesmen are taking their vocation seriously and dedicating themselves to it. They are realizing that they art performing a great service to the nation as a whole. IT IS NOT SO SIMPLE NOW On of the saddest plays ever produced in the theatre was "The Death oT a Salesman" sad. that is. as the story of an individual who went down to utter defeat Perhaps quite unintentionally, how ever, it symbolizes something that need not be considered sad at all the "death" of a certain conception of salesmanship. It makes us realize the day of the "drummer" who depended for success on backjlapping, telling funny stories, and being "well liked" is truly past Not, of course, that personality is unimportant; it has always counted and always will in salesmanship as in everything else. That bowerer, must be a factor added to actively intelligent devo tion to one's business and aO that it requires to be up to date. We cannot be saved by "security," which can be only relative and I ipn try at best. We can be saved only by faith. In the final analysis. It is faith that makes a great salesman a humble faith in his own ability, faith in the value of what he labors to seH. faith in our economy, and, most important of all, faith in God. 'salesmen may well be proud of their occupation, for the maintenance af ear way of life is dependent upon them. We need more praying salesmen. Selling Drops Grain Prices CHICAGO. Feb. JO Selling pressure sat fairly heavy on grain futures trading today and most prices on the Board of Trade drift ed lower, but wheat finally cracked through to the plus side shortly before the finish. The late demand for wheat was moderate and was mostly short- covering and a small amount of hedge lifting. At the finish, wheat was cent a bushel higher, corn VI cent lower, oats. H higher to H lower, rye unchanged to S lower, soybeans -l cent lower, and lard 10 to IS cents a hundred pounds lower. Export business was almost at a standstill. Chicago Grain CHICAGO, WHKAT Marco Mav July September December CORN March Mav July Feb. I Ope CIOM j i vn, J it', ' J 15", 1 'r!i 1 95", 101',', 1 IS', lis1, September lit. New York Closing Stocks Reported y Merrill Lyases, Pierce, rentier and Been Admiral Cora .. Al Chen A Dye Allied Str A 'Us Cham 43 as Aluminum LM H'i a .i Airlines 17, Am Caa 4tt Am Cyaa W Am Motora , Am Stl Fdr Am T a T 17i Am Tobacee. 7t. Am Vlsroee . 7', A nee Copper 41 Armee 44 '4 Armour ll'.i Alchaaoa Tea W Ave a Bsixtts Beth 141 ... mi Boetnf AST M ttoroen Bore Bucvnaa Burro Adding ; Campb Sous , fr Caa Pa By ZSL P' Cm J I n 14' Caterp Tress , SI'., Cslanas li'l Ccrtalntaad -, ',i Cies tORf S3 Chi af As Bt 7 U Cil NW By 14 Chi B la ft eaa. CirysJer j r 84 , Cities Bar , , Cx-i Cola i fllH Ciliata 1 1, 84 Ctm Credit H Comw Edlaoa 41 C-n Ediaoa 4, Container 111. Cmi Caa 41 Coot OU 414 Crane O . T7l Crowa Zn 4V. Curtlee Wr s Daara At Ce Dia Match Douf Air Dow Chara De P a Ke . B East Atr U Eat Kodak -El Pae Gas Ex Celt . - r ninths . . . IT. . ss . 4T, 178 . IT',, 101 - '.t . ', . 41 Ford Motor ........ e Gen Dynamic Ces Else Gen Food Gen Motora Getr Tire Geo Pat Pbr GUddea Goodrich Goodyear Grace WR Grt Ko Ry O'i 8i sou 9 M'i 83', 72 41 i S3". Grt Weet Sue S3 Greyhound 15. ou ioj. 14 74 fa M1. 'i Ms 5&i JaaS SI 40' Is1 M . I rnt H arrest tot Vtekel SB Paper 1 Man A M Stl K Taassar Ahim KaejajiaM Lockheed AM Loema la .. m hfaaniawn Mere riM March A C Mont Chem Mont Ward Motorola .. Natl Blacult NaU Caah Re( NaU Dairy Natl Distill Natl Gypaum NaU Lead NaU Supply w r central No Am A via No Pa Ry NW Airline e OUa Math r Pee O I II T T Pae Pan Am Air Penney 1 C Penn Ry . S3 , 41 S3 A 45', M'i 40 'J 44 S34 aw :5 u SI ins '4 Pepai Cola Phelpa-DodS .. Philco Corp . PhU Morru PhU Petrol Proc A Gam Pug Sd P a L Pur OU B Radio Corp Rayonler Inc ... Repub Stl Reynold Met . Reynold, Tob . Richfield O Royal Dutch Safeway Stra St. Refia Paper Schenley Ind . Scott Paper seara no Sou Ry Sperrv Rand . Std Bran da Std Oil Cal Std Oil NJ Sunray Ou Sunahin M Swift Co Sylvama El ... la . 40', 14', 4'. . 37 HP, 2S - 'a ..... S4'., ... 1 ... 42. 3' .... SS', 38', . tfi 31', IS', M'i . M'a Shell Oil SO' 4 Sinclair Oil 14', Socony-Mob Sou Cal Edl 14 Sou Pac Ry 3S', 32 IS". 444 44 48 1 8 324 3',a December OATS March May July September December RYE March Mav July September December SOYBEANS March May July September November - 1.14', .83 .- .3',-J . .80'. .. .81 . .83 'a 1 'i l 28vrr 1 .17',-lT 1 19', 1 24, J22',H 2 Mi,-', 1 ', 24 1 20 217',-i, 2 15'. 1 1. l.S8, 2 02',' Ill', 1 14', 15 i nv4 i i.i .88',. .82', 83 .90', 81'. .83', 1 3030'a 1 27 1 171,., 1 ZD 1 244 2 Z2. 2 28I..1. Z 2', 2 W, 3 17', Chicago Livestock CHICAGO. Fee. 20 (USD A) Salable ho, 1 000; butcher, under 240 lb. 29 to SO lower: over 240 I be uneven; moatly 25 lower: 2-3 190-250 lb butcher 20.90-20.90; 1-2 200-229 in, 21.0011 29: 2-1 280-2M lb 20 00 20 90; mixed grade aowa 900 lb dowa Salable cattle 2.000: calvea 0 prime cattle nractlcally accent: ataera and heifera choice and below moatly aieaay; row, ateaay to 23 niiher: vealer ateady to 1.08 hiffher: hirh choice and prim SI 00-S3 OO; food to average choice 24.00-30 00; utility and standard 18 50-23.90: choice heifera 28 00-2. 79: utility and commcr c 1 a 1 cow. 18.90-1S.90: eanner and cutter 14 00-18 79; utility and commercial Duiia jnoo-zz w: vealer. IS 00 down. Salable aneep 2.000; alaufh t r lamb, uneven; aome at much at 29 miner; other weak to 23 ISVer: choice and prim wooled lamb 29 29: bulk choice 24.00-24 90: eoorf lamha li. w-jt uu: cun and utility IS 00. 22 00: rood and choice alauehter ewe s.w-iu.uu; rail and utility 7 00190 Chicago Butter-Eggs CHICAGO. Feb. 20 UT (USD A I nutter ateady: wholeaaM aelune price unchanged to , hl(tir; S3 tcore AA s'4-': 82 A SO',-',; B 98.-98: SS C unouoted. Effi ateady: wholeaal eelline price. S to 2 hlfher. SO per rent oener eraoe a wnitoe en-ai medium extra 38i,.3S!.; atandarda n a. check 33-34. PORTLAND im - Buttrrfat tentative, subject to immofliaie chanse Premium quality, deliv ered in Portland. 60-M cents per lb: first quality, 57-60, second quality, S3-SS. J Butter Wholesale, f o b. bulk cubes to wholesalers Grade AA, 93 icdre, 59'; A grade. 92 tcore, M'v B grade, 90 score, 57; C grade, 89 score, 55. Cheese To wholesalers Oregon singles. 41-4 lb; Oregon 5-lb loaf, 434-53H. Egge To retaileri Grade AA. large, 43-44; A large. 38-40; A A medium. 37-38; A medium. 35-37; AA small, 29-33. Cartons. 1-3 cents additional. Eggs To producers AA large 35-37i; A large, 32-35; A medi urns, 28-304; AA small. 22-28 'i Live poultry No. 1 fryeri, 2-4 lbs, 21 at farm; light hens. 11-12 at farm: heavy hens, 18-19 at the farm; old roosters, 7-8. Rabbits Average to growers Live whites, 34-4 lbs. 22-25; col ored pelts. 4 cents less; fresh killed fryers to retailers, 59-61 cut up, 62-65. Wool Nominal, clean basis, blood, 95-1.00; blood. 1.07-10; blood. 1 13-15; fine, 1.18-20. Wholesale Dressetl Meats Beef carcasses Steers, choice, 500-700 lbs. 44.00-46 J30: good, 42.00 45.00; standard, 38.50-42.00; com mercial cows, 36.00 39.00; Utility, 35.50-38.00; eannexs and cutters. 33.50-36.00. Beef cuts (choice steers) Hind quarters, 48.00-52.00; rounds 49.00- 52.00; full loins, trimmed, 62.00- 66.00: forequarters. 40.00 - 42.00 chucks, 44 00-46 00; ribs, 50 00- 56.00. Lambs Choice, 49 00-51 00; good all wts. 46.00-60.00. Pork carcass Shipper style, 130-170 lb. S3 50-35.00 Pork cuts Loins, choice. 8-12 lb, 54.00-57.00; shoulders, 16 lb. down, 35.00-37.00; spareribs, 50 00 54 00; fresh hams, 12-16 lb, 52.00-5500. Veal and calves Good -choice, all wts, 42.00-58.00; standard 40.00- 51.00. lrat)ae Potatoes Ore. Deschutes Rus sets, 100 lb, 3.00-25, few to 3 85 bakers, 100 lb, 6 oi min. 3.50-75 12-16 ox, 4 00-50; Idaho Russets, No. 1. 100 lb. 4.00-25. Onions Ore west district Dan gers SO lb. med. 1.65-90: lge. 2 50- 3.00; boilers. 10 lb, 28-32; Central Point sweet Spanish, 3.00-25. Hay New crop, No. 2 green alfalfa, baled, fob. Portland, 24.00-25.00 ton. Apples Oregon-Washington De licious combination loose 35-38 lbs 2.75-3 00; fancy 1 20-2.00; C grade 1.25-50: Red Delicious loose 35-38 lbs extra fancy 4 00-4. 50; fancy 2.75-3 00: extra fancy tray pack 4.00-4.50; few lower; fancy 3.75- 4.00; Red Romes large, extra fancy 2 75 - 3.00; few 3.50-4.00; fancy 2.00-2.50; Wioesaps, loose, combination grade, 35 lbs, 3-00-3.50; extra fancy loose cartons 3 50-3 75; wood 2.75-3.00; various varieties C grade loose pack low as 1.00. Celery California 2-21 dozen 4.75-5.00; few low as 4.00; hearts 2.25-2.75 dozen. 'Learn While You Sleep' Firm Opens for Business A business specializing in "learn ing while you sleep" opened this month in Salem. The Pacific Institute of Noctur nal Education. 444 Cottage St. NE, owned locally by Howard R. Houck, provides three types of re- Chicago Onions CHICAGO, Feb. 20 (AP) Onlona: Onea Hick Law Cleaa February 2 10 315 2 10 2.19 March IBS 2 23 l.M 2 23-22 Investment Trusts Zllha. amtther Ce Inc. Texaa Co Texaa Gulf Textron Tide-Aaao ... Tr an tarn S', 1 121, 2P. 37'k Trane Wo Air 12. Twea Can Fox 34' V Union Crb OTH Union Oil . 42'. union pae Ry 2'. Unl Aircraft Un Air Unl Con unl rruit US Phrood UI Rubber . US Steel . 53 XI 7't 42', ' ','. 7 Wrnr Fle Wiih Water ', Weat Air Br , Wertern Air . . 22 "k Wetinhouae Flee S wertern union .. .. is"t Woolworth 41 ia X Zenith 132S Broadcasting Chain Reports Earnings VtlAMI. ITa.. reb. 20 ft Storer Broadcsartiiil Co. has re ported 1967 net earnings, after taxes, of $6,396,164, equal to 82.58 per outstanding stock share. The radio-televisioa chala uid Dot earnings the previous y 8 a r were I5J17.206, equivalent to 12 23 oer share. Storer Mid earnings for 1957 in clude a Mt capital gain of 82,621, 496 on sale of broadcasting sta tions ia Birmingham, Ala., Port land, Ore., and Miami. -dUt Agent Appointed MINNEAPOLIS, Tab. 20-Luth-ran Brotherhood, fraternaj lift in suranoa society, today announced appointment as agent ia Portland, Ore.. Ronald E. Olsea. Ha has pent past seven yean as a field represenUtive of Oregon Stat In dustrial Accident Commission, Sa- lotSa Or. .i "tasv Mortgage Firm Files Articles Of Incorporation Articles of IrieorporatJon filed Wednesday for Wasters Mort gage Co. of Salem with 100 shares at no par value. The new corporation, formerly a partnership, win deal in the pur chase of mortgages and contracts, according to firm president A. W. Hetzger. Other incorporator! art George and David A. Rboten and John W. Reeves. G. A. Rhotea is vice president of the new corporation. D. A. Rhotea al aecretary and Reeves ia treasurer. The firm will maintain offices as the Pioneer Trust Building. England took over rule of India in 1876 and Queen Victoria became the first Empress of that country. Affiliated fund Canadian Fund Century Shares Trust Chemical Fund Delaware Fund Diver. Invent. Fund Dividend Share Eaton A H. BaL Fund Gaa. Ind Group Common mcorp. Inveator Key Cuit. Fund: B3 B-4 XI S-2 . S-4 Man. Bond Fund Mas. Invest. Trust NaU. Sec. Series: Income Sera Stock: Series Pref. Stock S Natl. Div. Series NaU. Growth Pioneer Fund Tel.-F.lec. Fund Value Line Inc. Fund Wellington Fund Bid Asked 5 m us 15 73 1701 31.54 231 ISO 18 28 30 10 23 7 81 14 3 44 1 70 20 14 21 53 II 28 1333 10 33 11 31 S.S4 73 13 17 II 55 SOI 14 7 78 147 S 42 10 28 92 1 58 Portland Livestock 8 37 t 80 S OS 8 78 i n 3 20 S 38 12 89 10 08 10 M 4.43 4 88 11SS 12.83 87 10.78 153 741 1 95 3 50 588 1401 Western Securities The bid and aak quotations rep resent nricea at which on or mora dealer, members of the National Aasoriation of Security Dealer' Inc.. would trad with the eeneral public at the time the quotation were gathered at S p.m. jraatardar: rjio Assea Calif. -Orefnn Power Cascade Plywood Con sol. Freight Iron Fireman Janata Inc. Com. Meier A Frank Morrison Knudsea Ore. -Port. Cement Pac. p ft U Com Pop ft Talbot Portland Gas ft Coke Port Gen. ZJc. BANKS Banka at America Bank of California Chaa Manhattan First National 3J", 14 IS 12s 19 10 12', 1S !' 13 34'. SS'a 47 44 i First Nat. City NY eni U. S. National 4 34: 22' 18'i 13 21 z 74'i 25 4 18 28 4, 48"i 83 88'., Dow Jones Averages NEW YORK. Feb. 20 im Dow Jones closing stock aver axes; 30 Industriala 20 Railroad IS Utilities 85 Stork Hlik mw Close 445 S3 41 S 4J8.74 107 08 105 40 108 80 72 48 71 84 72.08 183.11 ISS.aa 150 43 PORTLAND (USDA)-Cattle salable 150; market steady; indi vidual 1790 lb fed steer 24.00; feed lot mate 2300 lbs 22.00; util ity and commercial cows 17.00- 20.00; canners and cutters 13.50- 18.50; heavy Holstein cutters to 18.00; II utility bulls 22.50. Calves salable 25; market about steady: choice vealers 3O.0O-34.0O; individual high choice Wednesday 35.00. Hogs salable 100; market about steady to 25 lower; sorted 1-2 grade butchers 23 25-23.5); mixed grade lots 22.50-23.00; sows 16.00 20.00. Sheep salable 25; not enough offered for adequate test: slaugh ter lambs earlier in week 23.00 23.50; few to 23.75. Portland Grain PORTLAND UH Coarse grains, 15-day shipment, bulk, coast deliv ery: Oats No. 2. 38 lb white 49.50. Barley No. 2. 45 lb B. W. 47.50. Corn No. 2. E. Y. shipment 54.00 54.50. Wheat (bid) to arrive market, basis No. 1 bulk, delivered coast: Soft White 2 24; Soft White (ex cluding Rex) 2.24; White Club 2.24. Hard Red Winter: Ordinary 2.33; 10 per cent 2 32: 11 per cent 2.33; 12 per cent 2.34. - Hard White Baart: Ordinary 2.24; 10 per cent 3 24; 11 per cent 2.24; 12 per cent 224. Car receipts: Wheat 63: flour 13; corn (; oats 1; mill feed 7. Salem Quotations BOTTFKFAT (Aadresen'e) Premium . nu No. 1 EGGS (Orefoa Zff Producer) Price to farmer are to I rants under thaee wholesale prices: Jumbo A S4 Extra Larf AA 47 Larse A A A4 Lars;e A At Medium AA Jft Small AA jj POULTRY (Northwest Poultry Co ) LasThorn Hen .12 Colored Rene j Leghorn Hens .12 Colored Fryer 3 Old Rooster . M Building Plans Show Jump In Northwest SEATTLE. Feb. 20 A Jump of $224 million in building permit volume in five Pacific Coast states was made in January over Decem ber with a grand total of $183, 685,720, according to Pacific Archi tect and Builder. For the month, California gained $17Vs million: Washington gained $4 million; Oregon $750,000; and Montana $250,000. Idaho, the only state to show a decrease, dropped $250,000. Compared to a year ago the 116 key building; permit agencies sur veyed by Pacific Architect and Builder reported a $4 million in crease. Dollar volume in California topped last January by $7Vt mil lion; ia Washington by $1Vi mil lion. Oregon dropped $4V million; Idaho half a million dollars. Mon tana's total was down $90,000. Albany and Salem had a greater volume in January than December but less than January a year age. Ross Named Manager of Station KSLM Willis M. (Bill) Ross was an nounced Thursday as new man ager of Radio Station KSLM. The announcement was made by Glenn E. McCormick, president of Ore gon Radio, Inc., operator of the station. Ross succeeds Dave Hoss, who has recently taken over manage ment of Corvallis station KFLY in partnership with Leander Quiring. Ross, Army veteran of World War II, started his radio career in the early 1930s as a news and special events announcer with sev eral Pacific Northwest stations, in cluding KHQ, Spokane, and KGW, Portland. He came to KSLM early in 1952. He is currently president of the Downtown Salem Kiwanis Club. Ross, with his wife, Joan, and two sons, resides at 1855 Saginaw St. Stocks Climb, Drop Again NEW YORK. Feb. 20 W - The Federal Reserve Board's latest anti-recession move gave the stock market only a temporary boost today. Then the market declined in moderate trading- Leading issues were down frac tions to around a point. The early advance as well as the subsequent decline were fairly general, affecting moat major groups. The tobaccos, however, rebounded from their sharp losses of yesterday on an unfavorable House comrnittee report regard ing filter cigarette advertising. The Associated Press average of 60 stocks declined 80 cents to $159.50 with the industrials down $1.70, the rails down SO cents and the utilities unchanged. Volume was 2,060,000 shares compared with 3,070,000 yesterday. corded courses to be taken while sleeping. j Ten self-improvement courses of-1 fer, he said, ways to better j "health, wealth and happiness." : Academic subjects include foreign languages, the Bible and grammar lessons. Child development sleep- record instruction Is offered in building self-confidence, memory I power, neatness and in combating childhood problems. I Houck describes Kbcturnal edu cation as the art of learning at sleep while the subconscious mind is in a suggestible state. The equipment used in sleep teaching includes an automatic record player or tape recorder, a timing clock and a small pillow I speaker. ! The child development and adult compuea ny psycnoioguus ana ine l academic subjects at various in-! stitutes, Houck explained. $24,930 in Construction Wins Approval Some $24,930 worth of building. including $8,980 in alterations was authorized in 11 building permits issued this week by city engineer's office. Only permit for new construc tion was taken by Depuy k Jones to build a $15,950 home at 684 Riverview Dr. NW. Other permits, all alterations. included: to Glen Townsend, an apartment at 1315 Marion St. NE, $2,200; Terminal Ice Co., cold storage building, 905 Front St. NE. $2500; Allen C. Jones restaurant, 1120 Edgewater St. NW, $3,000; Marion L. Moor, warehouse at 2585 Portland Rd. NE, $350; Homer Rogers, home at 1191 Ruge St NW, $275; W. C. Gruenfelder. home at 2615 River Rd. NE, $220; A. D. Wilcox, garage at 1130 Fir St. S . $150; F. H. Hamstreet, borne at 2235 5th St. NE, $50; Emma Mills, home at 1824 4th St. NE, $185; and Joseph Goedel. home at 2428 Claude St. SE. $50. Marion Motor. Hotel, Inc., was isiued a permit to wreck a 2-story warehouse at 275 Tiberty St. SE. Loggers Plan Lane Meeting EUGENE, Feb. 20 W. D. Hag- enstein, managing director of the Industrial Forestry Association, will be key speaker at the Wil lamette Valley Logging Conference here Feb. 27-March 1. Lynn Cronemiller, Salem, assis tant state forester, will be one of the speakers at the conference, which will also include displays of new logging and milling equip ment. A business session will con clude the meeting which is expect ed to draw between 400 and 500 loggers, foresters and millmen. Stocks and Bonds sfled By Tfc Associated Press February 20 STOCK AVERAGF.S M IS IS Net Chang Thursday Previous Day Week Afo Month Afo Year Afo 19S7-S8 Hie 1SS7-M Low IMS HICB 10i SLOW lues Kails Lull 8 Iks D1.7 D 5 Unch D .8 238 5 8 S 78.1 1M.S 238 2 SS 75 1 180.2 238 8 SS 8 7S.1 IMS 2.18.7 Ml 788 180.S 247.8 121.4 71.7 172.1 280 0 1 34 7 77 S 188 8 228.8 7S.S S8 2 190.S 276 1 1JS 1 T8 8 191.S 244.8 13 1 SS 8 171.8 BOND ATEBAGF.S 28 1 18 1 Balls lad a Utile Frga Net Chang Thursday Previous Day Week Are Month Ag Year Afo 1BS7.S8 High 1A57-S8 Low IBM Hin IBS Uw Unch Unch A .1 A II I SS S 82. 8 81.2 83 4 SSS 814 S1.2 83 4 SSS 81.1 81.1 S3 i 84 Ml 81.2 M l B2 2 88 8 82.2 87.1 SSS 82 8 82 8 77.7 SSS 81.7 78.8 882 87 7 888 85 2 88.8 80.1 88.1 80S Hospital Service Group Re-Elects Seven Trustees PORTLAND. Feb. 20 - Seven members were re-elected to the Board of Trustees of Northwest Hospital Service, Oregon's Blue Cross Plan, at the Trustees' an nual meeting, February 18. Tbey include Paul R. Hanson. Sister Luke of the Savior, Sister Ruth Marie, W. P. Stalnaker, Har old F. Wendel, Milton E. Kahn, and Dr. Russell L. Johnsrud, all of Portland. The Board 're-elected E. B. Mac- I Naughton, president; Dr. Stanley Lamb, rice president, and Paul R. Hanson, secretary and treasurer. Frank r. Dickson, executive di rector, announced subscriber in-1 1 come for 1967 totalled S5.964,7SS.t4, an increase of 3.7 per cent. Oper ating expense ratio to subscriber income was 10.66 per cent leaving 89.34 per cent for benefits for members' protection. Markets at a Glance NEW YORK. Teb. 20 0" Storks Lower; rally fade. Bonds Mixed: fovernments off. Cotton Irree-ular: Uauidatson. trade aemosMi. CHICAGO: Wheal Higher: light demand lata. vwn uvwir, iHfUiaairan. Oats Mixed; light trade. Soyneana Lower; liquidation. tinea 28 to 10 cents lower: ton B4I.9U. t-attie steady to 1 higher on real a; top alaughter ateera S31. i'j&lla imm PEAS quickl convenient I so good in salads Let's Celebrate Z2X2LSIZX2TGrT02T'S BIRTHnZTT B a"ll n KASl 'SSI I lmm AS ( II Crea J PeS?T With a Cake from " the Peerless Featuring This Week Cherry Angel Food Cake Light Fluffy Angel Food Combined. With CJiopped Cherries ASSORTED DECORATED COOKIES AND CAKES AND FRENCH PASTRIES CUP CAKES AND FRENCH PASTERIES Dlie jpeer(e56 J3aLeru Sakeri For HeKKfafesty Ths Housewife 170 N. Com'l. EM 3-5704 ' fl WW 1940 MISSION ST. SALEM BALLOON DROP BE SURE TO ATTEND OUR k nm M EACH lillOM UTUrDAT-4:00 TO 5:00 t.K ooi tkum LOT ANNOUNCING THE WINNER OF OUR ADMIRAL PORTABLE TV SET &SLX Ticket Number 047744 Is A Winner lUTZZLi SUNSHINI CRACKERS 2, t,W UPTON TEA i Weir UPTON SOUP MIX f i t a 3 ,,43' AUSWEIT MARGARINE m FRESH MILK Gallon Jug 75' WALLA WALLA PEAS 2 300 WALLA WALLA Asparagus 300 Spears hi 29 BORDEN'S AGED CHEESE lb. BORDENS COTTAGE CHEESE riff NALLiyS HOT OR RIO. CHILI 4 'JTM.OO MJB SCOTT SCOTTIES . I FACIAL TISSUE & T 1 COFFEE Instant MJB,.sVox. Jar --$1.09 00 WINESAP, ROME OR DELICIOUS Will CELERY HEARTS BANANAS 28 2 W ... lb. ib. POTATOES S, ... !K3! Daffodils, Froth Cut Doz. 19 aokedl ftto tSaild Smoked Shoulder IB . .A r .A a. n n n n wit a l an m wir uurr n iu t Jmoked T-BONE STEAK ROUND STEAK ., $9 BOLOGNA !,e , , , . , ft, 3f WIEflERS . ... . . .2t an. r-i Hi. K'A : Miuers rit.Diaci jiia irn sa whh apaclal coupon f 4i