Register-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