8-(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