Eugene register-guard. (Eugene, Or.) 1930-1983, June 21, 1954, Image 16

Historic Oregon Newspapers

Eugene register-guard., June 21, 1954, Image 16

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Newspaper Page TextRegister-Guard, Eugene, Ore. 6B Mon., June 21, 1954 Appeal on Gas Ruling Planned YAUCOUVER, B. C. I West coast Transmission Co. an nounced Monday it will appeal a decision al the U. S. Federal Tower Commission refusing the company a permit to supply Tcace River Gas to the Pacific Northwest United States. I). P. McDonald, company vice president, said in a statement is sued here that the FPC ruling will he appealed to the Third Circuit Court of Appeals in Philadelphia. The FPC in a decision an nounced Friday granted the Pa cific Northwest Pipeline Corp. of Houston, Texas, the right to pipe gas from natural gas fields in New Mexico and Colorado to Washington and Oregon states. McDonald said the appeal will he handled by the legal firm of Wheat, May and Shannon of Washington, D. C. CLOSER SOURCE In an accompanying statement, George L. McMahon, president of Pacific Petroleum, Ltd., sponsor of Wcstcoast, said his company will continue exploration and de velopment of the Peace River natural gas areas. The FPC ruling "docs not alter the fact that Peace River gas is 500 miles closer to the market nrea in Washington and Oregon than the New Mexico gas, and can he delivered at a lixed price for 20 years in ever-increasing volume," the statement said. MrMahnn said there is "no as surance" of similar delivery of New Mexico gas to the Pacific Northwest area. URGES MOVE Meanwhile in Victoria, a Ne v York oil man, George Meschi called on the Canadian govern ment to establish a federal gas authority with full powers to deal on a lop level basis with the corresponding U. S. authority. He said a basic reason for re jection of Wcstcoast's applica tion to take Canadian gas into the V. S. "was the ruling re cently issued by the U. S. Su preme Court that the U. S. Fed eral Power Commission must ex ercise control over the produc tion of natural gas as well as over its distribution." Financial Quotations DOW JONES CLOSING AVERAGES 30 Industrials 328.56, up 65 20 Rail!, 112.21. up 19 15 Ulllltles. 58.03, up .03 Volume 1,820.000 NYSE SELECTED LIST: Admiral ISM Lib Owens 52" i Air Redn 26 Lockheed 21', Al I.udlum 32 Loews 14 Al Chem 88 Lorrllard 23 Al Stores 46 McKesson 41 Allls Ch 57',s M & M Wood 9 Am Alrl 13VS Mack 13 Am Can 44 G Martin 24 Am Cyanmd 43H4 Mont Wart 2', Am Gas 35 Nat Bis 39' Am Motors lilt Natl Dlst 17 Am Rdtr IS's Natl Gpjm 2!1 Am Smelt 36',, Natl Lead 47 Am Tel 165 Ntl Steel S3',', Am Ton 5014 N Y Cent 22 Am Wool 21V4 No Pac 56 Anaconda 1TA Pac Gas 43' An Prlch 46 Packard 3 Armco 46M Pan Am Air 11 Armour 9 Paramount 33 Asoc G G 23 Penney 86,i Atchison llO'i Penn R R 16 Avco 4's Pepsi 15la Raldwln 9'A Pfizer 33 Bat Ohio 24 Phllco 33li Bendlx Av 79' Philip Morris 40 Beth Stl 69ii Phillips 63'i Boeing 43 Proc Gam 84 Borg War !' Radio 28 Bucyrus 27 Rayonler 3614 Burlington 13 Rem Rand 18 Cdn Pac 27 Rep Steel 59 Clanese 2014 Rexall 6s Ches Ohio 34 Reynolds 37 St. Paul 16 Richfield 534 St. Paul Pr 38 St. Regis 26 Chrysler 61 Safeway 44 Climax 48 Schenley 19 Colu Gas 1414 Scars 64'j Cont Mtrs 8 Sinclair 42V, Corn Prod 75 Socony 43'.'j Crane 32 Sou Co 16 Cro Zell 46 Sou Pac 42 Curt Wrl 9 Sou Ry 55 Douglas 70 Sperry 60 Dow Chem 40 Spiegel 7 Du Ponf 126 Std O Cal 62 East Alrl 24 Std N J 88V4 Eastman 50 Studcbaiver 19 Erie 17 Sunray 19 Firestone 72 Sytvania 35 Gen Dyan 51 Texts 71 Gen Elec 43 Textron 1014 Gen Foods 70 Tidewater 20 Gen Mtrs 72 Transam 33 Ga Pacific 11 TWA 15 Glidden 23 Tw Ceri Fox 19 Goodyear 63 Un Bag 5414 Grt Northern 53 Un Carbide 83 Greyhound 12'4 Un Oil 46 Gulf Mob 32 Un Pac I34'4 Gulf Oil 56 Untd Aire 63 Homestake 41 Untd Alrl 22 Howe Snd 14 Untd Fruit 49 111 Cent 48 US Rubber 35 lnt Harv 31 US Steel 48 Inl Nlchcl 42 H Walker 61 lnt Paper 70 Wes Union 40 lnt Tel 18 Westlnghs 70 Johns Man 71 Wonlworth 42 Johns La 24 Zenith 66- Kcnnecott 81 Bid Asked Long-Bell 16 1B PPAL, Com 21 23 Pope & Talbot 11 12 Port Gas, Coke 22 25 Port Gen Elec 18 20 Seattle 1st Nat'l 82 86 U.S. Nat'l Bank 71 76 West Cst Tel 17 19 Weyerhaeuser 81 86 MUTUAL FUNDS tMld-mnrnlng prices as reported by ilka. Smithcr & Co., Inc.) Bid Asked Aff Fund 5.35 5.78 Canada Fund 12.84 13.90 Com Inv. Co. 7.42 8.07 Dlv Shs 2.09 2.29 Katon 4 H Stk 28.69 30.67 Equity Fund 5.89 Fund Inv 22.45 22.57 Grp Sec Com 9.63 10.55 lncorp Inv 12.14 13.12 Keystone B-4 11.08 12.09 Keystone S-2 9.76 10.66 Mass Inv Tr 23.08 24.95 Nat'l Stk 5.84 6.38 Telv Elect 8.44 9.20 Wellington 22.00 23.99 Eugene Markets Portland Markets PORTLAND m ButtcrfBt Tenfa live, subject to Immediate change Prnmlum quality, maximum to .HR to onn per cent acidity, delivered in Portland, sh-ro lb: first qua iv. SR-sn second quality, 53'a-55W. Valley routes and country points 2 cent.i less. Rulter Wholesale, f.o.b. hulk cubes lo wholesalers Orade AA, U2 score, 07V9 IbJ HI score, B6yaJ B grade 80 score, 55'ij 8!) score, 52. Cheese To wholesalers Oregon singles, .tH'a-ii'.y; uregon 3-n loaf, 4lw44M. Eggs To wholesalers Candled eggs, containing no loss, cases In eluded, f.o.b. Portland A ornrie large, 45',2-4f,Vi; A medium, 42V4-43M; n crane, sinau, Eggs To retailers Orade AA, large, S3: A large. 47: AA medium. 4.1-44: A medium, 42-4.1; A small, 30-33. Cartons i-.i ccnis aanilloiial. Live chickens - No. 1 quality, f.o.b. plants Fryers and roasters, 21); nt the farm 2B; light hens, 14-15; heavy hens, lfi-17; old roasters. 14-15. Turkeys To producers, for breed er types. Heavy lions. 2fi f.o.b. farm, Now York dressed basis; toms, 23, same hasis. Rahhlts Average to growers Live white, 3'3-4'a lbs. 1R-22, 5-fi lbs, 14-1(1: old docs, 10-12, few hgiher, Fresh dressed fryers to retailers, 5R. 01: cut up 02-05. Wholesale Dressed Meats Reef Steers, choice. 500.700 lbs 42.00; good 39.00-41.00; commercial 30.WMB.W1 Utility. 32.00-35.00; connnei cla! COWS 2fi.ftfl-3I.00; utility, 25.00- ji'.mi; iRiiners-ruucrs, i.mr-zn.ini. Reef cuts choice steers Hind quarters, 50.00-54.00; rounds. 47.00 51.00; full loins, trimmed, 71.OO-7fi.0O; rorequanors; .11.nn-35.oo; chucks, 35.00 30.00: ribs, 50,00-53.00. Pork cuts --- Loins, choice, R-12 lbs di.oo-ea.oo; shoulders, la lbs, 41.00 44.00; sparcrlbs, 55.00-58.00: freafl hams, 10-14 lhs, fil.00-R4.00. Veal ami calves (iomi-ehnii-o. all weights, 38.0040.00; commercial 34.00- 41.00. Lamb - Choice-prime spring lamb minor an ins, 4B.IHM7.0D, Wool Qreasa basis. Willamette Valley, 55-57 lb; Eastern Oregon mixed cross bred range wool, 53-55; fine and nair mood, 55-R2. Country-dressed meats, f.o.b. Port land: Reef Cows, utility, 26-28 lb; can-ners-cntters, 22-23. Veal Top quality, lightweight, 33-34: rough heavies. 25-30. Hogs Lean hlockers 37-.1R; sows, light, 32-33. Lambs - Rest' light springers, 40 42; yearlings, 25 and up, depending on quality. Mutton Host, 10-13: cull utilitv, fl. 10. Fresh Produce Onions - - 50 lb sacks Oregon yel lows, No. I, mod. 2.25-75; Calif, mod. yellow and red. 2 25-75; Texas white wax. 3-ln min, 2.75-3.00; ollows. 3-ln. 2.50.75. Potatoes - Oregon local Long Whites, No. !. 3.00201 Klamath Falls nussels, i 50-5,00; DewhUtOI Russet. No. 1-A. 4 00-50; 10-n mill. 5.25-50; California Long Whites. 100 lb No. 1A, 4.00-50. name brands 4,75-5 25; No. Is, 4.25-75. May I'.S. No. 2 green alfalfa, baled, f.o.b, Portland, nominally 27.oo ton; I'.S. No, I timotbv mixed ha . Portland and Seattle, 39.0030.00, ton haled, f.it h. ears, Portland Livestock PORTLAND HP1 Prices on cslvesl were down again today. Cattle 3000; market uneven; a few sales light fcil .'leer around 50c low ! cr. but other sales ami most bids t 00 to 1 ,50 lower; part load high choice 11841 b, fed steers 25; load HR0 lb, 24.50; around 25 loads unsold earh. few Utility-commercial grass heifers IMfl; Ml nncr cutter cows mostly R 0 50; Utility rows 10,50-13; few com mercial cows to 14; utility-commercial bulls very slow. Calves .100; market slow, few early Hlol and bids around 1.00 helow late last week r 3.004.00 below a week ago; gnod-cholee vcalcrs 18-21, some hold higher. Hogs 030; market mostlv 1.00 lower; choice 180 2.15 lb. hutchcrs 27-27.30; 25O2H0 lb. 30.20; Tew 2R.50; choice around 365-350 lb, sows l. 50-22. 50; heavier Wtlfhtl unsold, quotable down to 16 or helow. Sheep 2000; limited oarlv sales spring lambs stoadv with choice prime lots at 23.2.1,30; laler hlds fully J OA lower at 22.50; good-choice yearlings tead t 14.30.16,30; few to 17 earlv; few good spring frrder lambs 17; good slaughter ewes 4.50-3. LOCAL SECURITIES The following quotations reflect prices it whieh one or more dealers In Eugene were able to fill orders today as reported by ZUlta, Smlther a uo., inc. Bid Asked Bank of Amer 37 Bank of Calif 59 Vi 64 Booth-Kelly 305 Cascade Ply 24li 2fi Consol Ftwys 14,4 1SW Copco, Com 28V 30'4 Copco, 4.7 Pfd 97 First Nat't 50V4 54 .lantzon. Com 22Vi 24i Jantzcn, Pfd . 96 BUTTERFAT Premium 58c First Quality , 57c Second Quality 52c BUTTER (Wholesale Prices AA Prints 64c Quarter-pound cartons 66c EGGS (Buylnc Price) Large AA 44c Large A 40c Medium AA 36c Medium A 34c Small A 23c F.UGS (Ore Wholesale Jumbo A .. 61c Extra Large AA 55c Extra Large A 53c Large AA 53c Large A 49c Medium AA 45c Small A 33c Large Checks 40c EGGS (Publle Market, retail) Jumbo 67c Extra Large AA 62c Extra Large A 60c Large AA 59c Large A 57c Medium AA 52c Medium A ;. 51c Small A 40c POULTRY (Swift's Buying Price) No. 1 colored hens, all weights 16c No, 1 Leghorns, all weights 14c No. 1 colored rrycrs, 4 lbs 27c No. 1 colored roasters, 4 lbs up 27c No. 1 Leghorn springs, 2 lbs up 25c Cocks and Stags 12c No. 2 poultry, 4 c under above prices No. 3 poultry. v or above prices. i'OUI.TRV NW tuiyine prices) No. 1 colored hens, all weights. 16c No, 1 Leghorns, all weights 14c No. 1 colored roasters 26c No. 1 colored spring fryers 26c TALLOW Tallow 2c Grease 2c BARKS Csscara, lb. dry 21c RIDES AND WOOL Heavy Beef 3 -4c Light Beef 3Va-5c Bull 2Vsc Calf 10-15c Kip 8-llc Mohair, 12 mo. clipped 65c Lamb k Short Wool 45c Long Wool 55c Stocks Climb To New Peaks NEW YORK OP-The stock mar ket gave a defiant show of strength last week in a recovery drive that sent it to new peaks since 1929. The Associated Press average of 60 stocks was up $1.70, its greatest advance in more than two years. The final two days of. the week were quiet affairs on moderate volume and small price changes either way. In the final session, the Associate Press average of 60 stocks managed a minimum gain and closed at $125.90, a point that hasn't been exceeded since late in October of 1929. Two weeks ago the market on average forged ahead to new highs the year and the best levels since October of 1929. Then came the smash last week, the worst fall in four years. Before that week was out, some slight recovery had been managed. Cattle Judging Event Slated White Water Ranch, Leaburg, cooperating with the Oregon I Guernsey Breeders Assn. and the American uucrnsey Lattie liud, will be host at a cattle judging and field day at the ranch Wed nesday, commencing at 10 a.m. and lasting through the day. (An earlier story incorrectly listed this event for Tuesday). Several classes of cattle of dif ferent ages will be presented for an inspection and judging. Those visiting the field day will be the guests of Dorothy and Verne Hawn at a luncheon which will be served at noon. All Guernsey breeders, dairy men, farmers and others interest ed in fine cattle arc invited to at tend and if they choose, try their skill at judging. Harold Ewalt, extension dairy specialist from Oregon State Col lege, will be the official judge and he will be assisted by Elmer J. Meadows, field representative of the American Guernsey Cattle Club. Portland Grain PORTLAND LB Coarse grains un quoted. Monday's enr receipts: Wheal 124; bprleu 42; flour 10; corn 7; oata ,6; mm icon 14. Whether you go North, East, South, or West on YOUR VACATION.. YOU WON'T HAVE TO MISS A SINGLE COPY OF YOUR REGISTER-GUARD If you're planning to ramble or to vacation at one ad dress, you'll still want your faithful REGISTER-GUARD. So that you won't miss a single issue, here are two con venient ways you can be sure of keeping up with the news . . , Furniture (All Kinds) Used Cars Bikes Coaster Wagons Lawn Mowers Wheat Oats Corn Chickens Pigs Cows Shetland Ponies Eggs Small Screen TV WE'LL TAKE ANYTHING WE CAN SELL ON THIS NEW 1954 TELEVISION SET! All Channel Tuner, Gloreproof Tube Tilted Safety Glass, 6" PM Speaker Hardwood Mahogany Finished Cabinet Big screen Coronado TV performs brilliant ly in super-fringe areas. Has finest Super Cascade Tele-Lock tuner, variable tone con trol, year warranty on parts, picture and receiving tubes. If you are going to be a week or more ot one address, you can have your Register-Guard with you. Simply phone the circulation department and we'll send you your paper daily. 7 M If a vagabond vacation is your ticket with no specific address in mind, we'll save your Register-Guard for you every day you're away. Phone the circulation depart ment, or see your carrier. Tell us the date of your de parture and the day of your return. We'll deliver all the back issues, neatly packaged, to your door when you return. All you pay is the regular home delivery rate. Phone 5-1551 or ask your carrier boy BtQCuelSlcTuartt $10000 FOR YOUR OLD REFRIGERATOR KEG. 269 95 TRADE .. 100.00 YOU PAY $169 95 $30oo FOR YOUR OLD DINETTE SET On Our Two-Tone Chrome Set m95 ....... LESS 30.00 COST. 89 Your Old WASHER Worth $6000 WHEN TRADED IN ON OUR DELUXE 1954 AUTOMATIC WASHER NO. 7103 REG. . 269 95 TRADE 60.00 PAY ONLY 209 95 $2000 TRADE 20.00 FOR YOUR OLD BROOM "eg 64 ON OUR DELUXE TANK TYPE VACUUM A $15.00 Storage Cart FREE During This Sale 95 Y?UR $AA95 PRICE Hey!! BOYS and GIRLS UP TO $25.00 FOR YOUR OLD BIKE ON THE BIKE OF YOUR CHOICE REGULAR AND LIGHTWEIGHT INDIAN HEAD-DRESS TO A LI, BOYS & GIRLS VISITING OUR BIKE DEPARTMENT FREE! i4 REEF cut and - WRAPPED WITH EVERY CORONADO DELUXE 15 Cu. Ft. Home Freezer Sold During This Sale Ar Our Regular Low Price .Gamble's Western Auto Supply Co. 5-3214 59 E. 11th Ave. FREE GIFTS FOR ALL WOMEN VISITING OUR BIG TRADE-IN SALE if ,29 jf! regular 39 g dLiuilNG CUP RACK Oj Holds 12 Cups X SALE 7Q X PRICE 7 5C REGULAR 98, TINNED TEASPOON 10c Value Ac Wind Deflector j sale igPr PRICE f Coffee Warmer I Wrought Iron with Candle SALE Alt PRICE REGULAR PRICE $1.19 "PIECE Screw Driver Set With Plastic Container SALE JCt PRICE REGULAR 89c SEAT CUSHION IDEAL FOR BOATING & BAU GAMES SALE PRICE REGULAR 69 99 c 50' PLASTIC GARDEN HOSE J YEAR WARRANT 359