Page 4A EUGENE REGISTEft -GUARD, Wed., June 13. 1962
Business Beat
Lodging Service j
Drops Time Limit f
Eugene area residents and In-transit tourists may now
make advance telephone reservations in Seattle for any time
during the summer by using the Expo-Lodging service at the
the Eugene Chamber of Commerce office.
Previously, the direct-line telephone service was limited to
making housing reservations no more than five days in ad
vance, according to Fred Brenne, chamber manager.
Persons using the service must go to the chamber office.
A $1 charge is made to area residents. The service is free
to tourists.
ACCOUNTANTS NAME OFFICERS Barry E. Lause, office
manager of Lane Plywood, Inc. of Eugene, has been named
1962-63 chairman of the Eugene Group of the National Assn.
of Accountants. He succeeds Walter L. Mc
Kenzie of Eugene.
Other officers elected recently to as
sume office July 1 are Fayette Thompson,
vice chairman; Janice Poor, secretary, and
William W. Klopc, treasurer.
Committee chairmen named are Gordon A.
Schneider, membership and promotion; Wil
liam Harold Ayres, meetings and attendance,
and Dcane F. Thomas, program and educa
tion. The association will not hold another
general membership meeting until Sept. 25.
Lause ...
TEN YEARS Katharine R. Ross, an assistant in the Eu
gene office of J. Henry Helser & Co., has been presented
with a ten-year service plaque by Eugene branch manager
Kenneth J. Poull.
. .
CONTRACTORS SLATE STAG DINNER The Eugene
Contractors Assn. will install officers at its annual stag din
ner, scheduled at the Eugene Hotel Thurs
day at 6:30 p.m. standard, 7:30 p.m. daylight,
preceded by a social hour.
Francis W. Kelley Jr., a partner in
Waldo S. Hardie & Son, contractors of
Eugene, will be installed as president,
succeeding J. M. Steinmullcr Jr. of Eu
gene. Other newly elected officers are George
W. Millett Jr., vice president, and Bob Smith,
scretary-treasurer. Calvin Schmidt is newly
elected to the board of directors.
Thursday night's dinner is open to all per
sons interested in the construction business,
according to Jack Ward, program chairman.
EXTINGUISHER FIRMS MERGED Two fire extinguisher
iirms ryr-j-yter saica &
Service and the National
Fire Extinguisher Co., both
of Eugeno have been
merged into one company,
the National Fire Fighter
Corp.
New co-owners are John
Swezcy, former owner of
National Extinguisher, and
Harold Olson, formerly of
Fyr-Fyter. The new firm is
situated at 598 Hwy. 99N,
in offices formerly hous
ing just National Fire Ex
tinguisher.
National Fire Fighter Corp. offers wholesale and retail
sales and service to areas with a 30 to 79-mile radius of
Eugene.
...
CAR LOT OPENS Hannum Motors, 8 used car lot special
izing in late-model cars, has opened in Eugene at the south
west corner of 11th Avcnuo and Oak Street.
Owner Roger D. Hannum was employed for the past year
with Barker Motors of Eugene and for two years beforo that
was with Dunham Motors here. Ho was formerly in the used
car business in Grants Pass, where his father, Carl Hannum
is a new-car dealer.
Hannum said the lot employs two persons and initially is
open from 7:30 a.m. to 7 p.m. standard, 8:30 a.m. to 8 p.m.
daylight daily except Sundays. Hannum, his wife, Sally, and
their three children reside at 195 W. 31st Ave., Eugene.
eszaawrsasarws
Financial Reports
Kelley
Swezey Olson
NEW YORK STOCK KXCIIANliB
Sflrcltfl l.lst
Hcportrd by
Harrla, Upham & Co.
Dale: Juno 13, 1M2
Atleshany 7 (,'ont Can
Al ll.utllum 344 Cont Oil
Al Chemlral .I!)'
Al Chahneri In
Alcoa 52 '4
Allli-it Stores MHi
Alum. Ltd. 10
Amerada R8i
Am Atrlln. 1R
Am Can 4iv.
Am Cynamd 4n
Am El Pwr
A M F 11
Am M Clmx OTH
Am Motori 1SH
Am Nat Oaa JfH
Am T T 102V.
Am Tob 30V
Am VlacoM
Ampes
Anaconda
Armco
Armour
Atrhlaon
Avco
Ral Ohio llli
Rei'kman M
Bi-ndlx 50a
Huh 8tH 341
Mnrlnp ant
limn Warnr 3D la
llrmmvlrk 241
llurltngtun
Rurrmigha
Campbrlt
J. I. Caa
Caterpillar
t rlaneaa 31t
Cerro De P 21V
Osf.ua 114
( h.s At Ohio 49
I'hryslrr 4(li
fit lea Sv. SO
Colo Fuel i
Colum tias 24' a
Corn Prod
Crown Zel
Cruclhle
Cur Wright IS
4S
42
14i
DOW JONES CLOSING AVERAGES
30 Indllktrlal 974.04 down t 10
20 Ralla 121.27 down 1.64
15 Utilities 110 00 down .71
Volume S.RS0.0O0
Kerr Mctiee 27V4 Safeway
Deere
Disney
Douglaa
Dow
Dresser
Duront
44V,
2
20
45-H
mi
170 V
4S
101
41H
901
3HH
2.V
19
!0
34'
!.
3' a
331
Kailrn Airl 1814
Eastman flIH
El Palo inn
Erie 2-H
Klrst Chartrls'a
rord Soi,
Fruehauf llTa
Gen Dynam II1.
Gen Elec Sl
Gen Food 6li
Gen Mntora 4m
Gen Tel 20
Gen Tiro
Ga Pae
Gillette
Goodyear
Clrare
(it Northrn 37
Greyhound 23
Gulf Oil 344
Homestake 5.VH
Mow Sound II'1
Ideal Cem in,
III Central 3.1V,
I R M 22S
Intl llarv 47',
Intl Nickel (1,
Intl Paper ltu4
In Tel A Tel ST,
Johna Manv 4.11
Jones At Lau 45
Kaltr Alum WH
Kennecott 70-s
34
Sl
S.T
IH'a
404.
42 V
32',
30
ISVti
20
3014
491
3H
27 H
1. II Inn
Lockheed
Lorlllard
Mark
Matinavox
Maiiln
McDermott
MGM
Minn Mf
Monsanto
Mont Ward
Natl Rlacult 3S
Natl Cash SOVi
Natl Dlst 24
Nil Gypsum 4544
Natl Lead 77 v,
NY Central in
No Am Avla 59'fc
Nor Pacific 34t
NW Arllnea 2fiv.
Olln Math 291
Outboard
Owens 111
Pacific Gas
Pan Amer
Pennev
Penn Itn
Pepat
Pflier
Phillips
Polaroid
424
271,
'.
10
Mis
l in,
32V
48H
4vj
23A
1414
914
4SH
49H
V
17
241
151
771,
29 V
171
43V
4U
311 V,
431
37V
Proe at Gam 94
Pure Oil
Radio
Rayonler
Raytheon
Relcbhold
Rep Steel
Reiall
Rynolda Met 13
Rvnlda Tob 40H
Rlchdsn-Mrl 994,
Richfield .15
Roy Dutch 33
30-v
4.1't
19
29'
13
42
27
St. Rogla
Sand Imp
Srhenley
Seara
Shell TAT
Sinclair
Socony
South Co
So Pacific
Sperry
Std Oil Cat
Std Oil Ind
Std Oil NJ
Studehaker
Sub Gaa
Sunray
Swift
Tenn Gal
Texaco
Texas Gulf
Texaa Inat
Textron
Thlokol
rhom Ramo 43U
Tidewater l9Va
Transamer
tin ( si blila
tin Oil
tin Pacific
United Aire 40 i,
tlntd Alrl 2.W
tlntd Frlut 20t
US Borax 25v4
US Plywood 42t
IIS Rubber 42'
IIS Steel
UN Match
Upjohn
Varian
Wea Union
Weatlmhse
Woolworth
Yminff'trm
F.rnlth
20 H
494
l.Hi
55'k
244,
32
50l
211V
49'4
I4.
39,
341
MS
27-H
93
91
49' k
The follnwlnf hid and a?.krd quo- t
tallona from the National An. or
Serurllles Dealers do not rcpreenl ;
actual transat-llons. They are a Kuiilr ;
to the range wllhln which lhor se.
eurltles rould have been hi'iicht or
sold at the lime of compilation.
June 13, 1992
U.S. National
To Establish
New Branch
The U. S. National Bank of
Portland will establish a new
branch office in Eugene at the
Northwest corner of W. Seven
th Avenue and Pierce Street
within the next 12 months.
The announcement was made
Wednesday by bank president
E. J. Kolar of Portland, who
said permission to establish the
new branch has been granted
from the U. S. Office of the
Currency.
The branch will be U. S. Na
tional's fourth Eugene branch.
Present offices include a main
branch at 811 Willamette St.,
and branches at 1000 River
Road and at 17th Avenue and
Oak Street. There are also
branches in Springfield, Cot
tage Grove and Junction City.
Construction of the new
branch will begin as soon as
final plans are drawn, said Ko
lar. No architect has yet been
selected and it has not been de
cided when bids will be called.
The new Eugene branch is
one of seven new branches
throughout the state in the
planning or construction stages,
Kolar said. The bank now oper
ates 82 offices in Oregon.
At Annual Session
DFPA Told 'Focus on User'
By DAN SELLARD
Or the ReglsterGuard
GEARHART (Special) Mem
bers of the Douglas Fir Plywood
Assn. heard strong words about
the future as they met here for
an annual session Tuesday and
Wednesday. '
One principal speaker, Her
man Richheimer, who is the
hero of a rags-to-riches story in
the home improvement business,
told the 360 -. attendance that
they must always consider the
consumer in their sales efforts.
"And don't forget the little
lumber dealer in the little
town," he said. "Tell him show
him how to sell your ideas,
Merchants Invited
To Talk on Malls
Eugene's downtown mer
chants are being invited to at
tend a Thursday meeting of the
Eugene Real Estate Board to
hear a program on "The Dy
namics of Downtown Malls."
Eugene realtor E. H. Peter
son, who is also a member of the
Lane County Planning Commis
sion, and Lane Planning Con
sultant Howard Buford are ex
pected to report and show color
slides on the operation of shop
per malls in such places as Kal
amazoo, Mich.
The no-host luncheon meet
ing will be held at 11 a.m. stan
dard, noon daylight at the Os
tium Hotel.
Newspaper Press
Damaged by Water
PORTLAND Wi A block-long
rotary press at The Oregonian
suffered water damage Tuesday
when an automatic sprinkler sys
tem was activated.
The sprinkler went on after
fire apparently started in a stack
of waste paper.
Cause of the fire is being in
vestigated.
Eugene Markets
OREGON EGG PRODUCERS
Jumbo A 44c
Extra Large AA 40c
Extra Largo A 39c
Largo AA 37c
Large A .15c
Medium AA 34o
Medium A . 32c
Small AA 27c
Chex 33o
Portland
Markets
PORTLAND Biitterfat- lenta
tlve, aubject to Immediate change
Premium quality delivered In Port
land. 94 cents lh: first quality 811
aecond quality 56.
Butter Print per lb. to retailers
Grade AA. 93 score. 99: A grade.
92 score, 99; B grade, 90 score, 95.
Cheese To retallera single
dalslea 4714-48V; processed Amer
ican. 44W4M.
Egga To retallera Grade AA,
extra large, 39-42; AA large, 39-40;
A large, 35-57; AA mediums, 29-35;
AA amall, 24-29. Cartona 2-3 centa
additional.
Egga To producer, at farm
AA extra large, 29.1 2 'i; AA large,
37. 301; A large, 25-27: AA mediums,
20-22V,; AA small, 15-18V.
Live poultry uuoted to grower
f.o.b. ranch No. 1 quality fryers,
3V, 4 Ihv, 19VV20; light hena 5; heavy
hens 911.
Rabbits Average to growers-
Live whites. 3-4V lbs, 24-2S, some
down to 20; colored pelts, 4-5 rents
less; fresh killed fryers to retailers.
S9-92. few to 98: cut up. 90-95.
Wholesale Dressed Meats
Beef cuts Irholce steers) Hind
quarters, 52.00.54.00: round 31.00.
52.00; full loins, trimmed, 75.mi-77.0O;
forequarter... 34.00 .19.00; chucks,
37.ft0-40.00; ribs. 53.0O-37.00
ljtmha Cholce-prlmo spring, all
weights 42 90-45 00.
Veal Choice. 90-150 lbs. 3100.
55.00; good, 49.00-52.00; standard,
45 00 45.00.
Produce
Onion Calif, lge. white. 3 30-
3.73: Ore. yellow med. 2.0U.
Potatoes Ore. local Russets, No.
t.. 100 lbs., 3 50-4 00; Deschutes Ro.
sels. No. IA. 4 00-4 50: bakers. 4 75-
5,23. New Calif. Long Whites, No.
IA. 3 30-4 00.
Albertsons
Arden Karm. Cam ...
Bank of Amer
BIJ MC" Store ......
Boise Cascade .
Cas Nat Gas
Conaol Ftwaya ,
Equitable S L
Ktrrt Natl
Xred Meyer
Hviler, Com .
Jantren. Com .......
Kaiser Steel ......
Koehrtng
Morrlson-Knud .......
N.W. Nat lias
Oregon Met
Ore-Ida Koods
Ore Ptlnd Cem
Par lnmln Esp
PP L, Com
Pope At Talbot
Port Gen Eire
Port Trans Com .
Seattle rirst Natl ....
Thrifty Drug
Tollvrraft
United Pacific
U.S. Natl Rank -.
Warren Bros ........
Wash Nat Gat
West Coast Tel ......
West Nat Gaa
Wajarhatueer --
Bid
ll'j
14'.
471
3V,
17
12',
10
33
34
lnv
23
29' ,
19' .
101,
29',
29',
I'.
.
17',
II',
23
20
2H.
9
53 ',
32',
V,
29
9Vtj
13
29t4
17',
121V
29
Aik
1.1's
I5.
50H
4l
IB',
1.1's
ll'k
39',
59,
ll,
23H
79' a
21V,
11
31',
29'.
ls
7'.
20'.
12'
3C.
21
21
101
.19'
33H
9',
32
71
inn
3l
19',
13",
II
9-11-12 j
Ml'TUAL FUNDS It.ast available
prices aa reported bv Zllka. Smlther
it Co , Eugene Office
Aberdeen
Aff. fund
Boston fund
Bullock
Canadian Fund ..
Century Shs
Chemical Fund ..
Com. lnv. Co. . .
Diver Growth
Dividend She
Drevfu, Fund
Fidelity Cap
Klnan. Indust ....
Fund lnv
Group Sees. C G.
Inc. of Boston
Incnrp lnv
hr stone S3 .
lnv Growth . .
Ma
lnv
Nafl lev
Nafl Stock
One His. M
Pioneer .
Putnam
Futnem Growth .
Telev k Elec
Unlteei Accum .......
t'nlled lnc .
Value Line lnc . .
Wellington
HID ASK ,
1 94 1.01 j
9 99 7 35 1
9 93 9 .14
11 53 12 57
IS Jul 17.18
11.14 1117
111 990
1" II 11.13
99 1012
9 94 9.77
7 31 799
2 90 3.18
13 90 1 3 11
T il 7 74
3 74 4 10 1
9 79 9 07
4 39 3 01
7 23 7 9(1
9 21 9 79
liai 13 nil
9 90 7 211
12 19 13 42 !
12 .14 13 34d
7 13 7 81
11 09 13 II
50 9 29
13 93 14 90
7 50 8 13
8 99 7 15
13 15 1338
1092 11 91
4 84 5 29
13 27 14 47
12 M 13 37
Key Stocks
Hit Hard;
Ticker Lags
NEW YORK lTl The stock
market closed sharply lower
Wednesday in heavy trading. As
key stocks sank to new lows for
the day it seemed like a repeat
performance of the May 28 sell
off. The list recovered smartly
from a severe selling wave in
the morning and rebounded to
show a net gain at noon. In a
second drive of selling, the mar
ket was harder hit. Many issues
were driven down to their worst
of the day.
The ticker tape lagged for the
third time as selling snowballed
near the end.
Volume for the day was esti
mated at 5.5 million shares com
pared with 4.69 million Tues
day. Whether the market could re
sist a selling drive which might
drive it to new lows for the
year was the big question be
fore the session began and it
was answered in a turbulent
morning.
Prices broke to just above
the lows reached in the "Black
Monday" session of May 28,
then rebounded, showing a
slight over all advance by lunch
time.
The ticker tape ran 15 min
utes late as the market sank
and recovered.
Losses of more than a point
were shown again by AT&T
and DuPont. Earlier they had
recouped declines and moved
higher. Texaco, Ford, Chrysler,
U.S. Steel and Union Carbide
were among fractional losers.
Cclotex was off more than 2,
along with Xerox. IBM was
about 5 points lower.
and he'll increase your sales."
Richheimer, who started with
$500 capital in Levittown, Long
Island, seven years ago and to
day is one of the nation's top
remodelers, praised the idea of
the DFPA going into the mort
gage business so that more low
cost housing units can be built.
The DFPA's executive vice
president, W. E. Difford, made
his "swan song" here Tuesday
but it was an unusual one.
Difford is retiring in Septem
ber, but rather than look back
for examples of success, he
called attention to the problems
of the future.
He, like Richheimer, warned
the manufacturers never to for
get that "the customer is really
the consumer, not the dealer or
the jobber who represents car
loads." "You forget the consumer is
I the customer and you're a dead
: duck. If he's unhappy, you've
had it."
Paul Ehincer, resident man
ager for the Edward Hines Lum
ber Co. at Westfir, was elected
to the board of trustees Tues
day, joining Ehrman Giustina,
vice president and operations
manager of Giustina Veneer Co.,
Eugene, who is a holdover mem
ber. For the fourth year in a row,
the veneer division of Hult Lum
ber and Plywood Co., Junction
City, received a top safety
award. The crew there worked
an entire year (in fact, the past
four years) without a lost-time
accident and carried away the
trophy for plants with less than
100,000 man-hours a year.
The meeting concludes
Wednesday with technical reports.
Training Programs
KUALA LUMPUR, Malaya Wl
M a 1 a y a n businessmen are
planning training programs to
produce management personnel
needed in the country's fast de
veloping economy, the Malayan !49 River Rd
Times reports.
MOSAIC TILE
Exciting new hobby
See big selection at . . .
McDaniel Lumber Co.
Ol S-33S3
ROAD OIL
DUST SETTLING
County Participation
In Eugene, Call
Automatic Heat Co.
PA 6-7654-
In Cottage Grove, Call . . .
Collage Grove Heating Sv. WH 2-5051
W- MONTGOMERY WARD
boors Open 9 a.m. Standard
Open Every Friday
9 A.M. to 9 P.M. Standard
n:mmrfiK,:wii jtu.. ttj, V g
Register-Guard Want Ads
Biing Fast Results
RESIDENTIAL
HONE
FINANniNG
If you are building or
buying a home see us
for money.
Conventional or F H A
Home Financing to suit
your needs.
3
Commerce
Investment
ma
1
155 East Iftth
111
1
Portland Livestock
PORTLAND TfT-tJSnA) 1'Alflft
20; CAnartlan Mtfrs 2fl hntl ,M2
lh. 1.75. lx nut 1,192 lh. t 3K:
Stwrt-choU-" BOO lh. hftfrrs 2.V7:.:
ulllMv co 12 50-17. SO; canncr-cul
itr rowi n-M.MV
CMvra SO; Roort oholi-f light ralvp.s
S5-Z7, iM-m.pr 2'J 25.
Hok 2.M.; 1 anil 1 buichm 2M-2-10
lh. lIVMMf); 1. 3 and 3 Riadr
17.50-tH .10; heavier IM7.50; intxrd ,
1, 1 and 3 now 400-500 lh. 12 59 14 50 j
Sheep 350; cholce prlmo H5-100 lb
sprint lamhii SI -25-11. 30; oxl-chotc i
80 90 lb. 19 30-20 .30; cull-good awca
-4. I
Blinkhorn
lays:
DcftditifV on a
Builder?
'heck your build-
y rr thnroiiRhly
with 'he hulldrrs
issoclatlon. lum-
ulth whom he has dealt, bank
er, loan companies thev will
all he clad to help. Cheik the
homes he has conMructnl, talk
to the people for whom he built
and nee how thev got alone, see
if he built according to l heir con
tract. Past clients are a builder's
best rrfcrencrs, A home Is a ma
ior (mermen! and Is worth a
lot of initial spadcuork.
Ut we help with .four
real estate prohlrms?
BLINKHORN
MorlKHRP & Realty Servirr
ItiftJ Uillamette 01 .-Ao
V
Portland Grain
PORTLAND Vl White wheat
1.17v Soft white hard applicable
tWt. White club S IR Hard red
winter 117 Hard white hsarl. ordi I
naiv no bid Oats no bid. Parley
47 00.
it
.pays -
! to have
m.; i
egg h
Days Compared
The stock market dip of
i May 28, l!!ti2, has hern
1 compared with the disas-
i Irons slide of Oct. J8.
M 1 02(1. Kor an analysis of
S the two srll-offs, see Tase
j 3B.
14 OMtm ia OrtM t4 WiiXmIm
41 Ttnth Ave. Wtit, iugtne
j Tru-Cold refrigeration;"' i
fits everywhere ' . u"Gp
MO MONEY DOWN WHEN YOU BUY ON CREDIT AT WARPS J
I 1 lBl 15 CU. FT. TRU-COLD
1 ir ! MMijMMlM, .jaaiPI'lnlnhlffld FREEZER FAVORITES
wBm- W0 $119
""jtl L CHEST MODEL hos 2 remov- j
rp$ Ir? Miy'i!,. able baskets, movable divider, J
1 1 H stores 525 lbs. of food at cer- j
!' ,.' MMtSi). ( meat cuts. Has interior light.
STUlTfOOO If; ' iffgh 1 UPRIGHT MODEL has top-to- .
PROTECTION PI IjBii vS&B I bottom door storage, easy-to-
I wori. """"JZe 'SZm reach refrigerated shelves,
1 '""""f? IP I drop-front basket. Stores 525 ,
I '".ou? ' "S'' et saves 'oor space' !4
i it , : y P "
jlf i-' , $ Sfil ill I
t i
it's all refrigerator!
) ALL-NEW 13.1 CU. FT. TRU-COLD
Ideal tor those who own a sep-f
orate freezer. Cycle Cold stopsjn
refrigerator frost. Extra-cold
area for ice cream, ice cubes.
Twin crispers, porcelain meat $279 95
keeper. without 'trade
stores up to 735 lbs.
21 CU. FT. SUPERMARKET FREEZER
Keeps a large quantity and va-
4
riety of food at arctic 0. Fast-ia
l G .- '
Metric dci-Muii, J i Ki 1 1 lyci u cu
: shelves, glide-out basket, inte
rior light. Door holds 90 pkgs.
228
S299.95
without trade
11.6' budget special
DELUXE FEATURES ECONOMY PRICE
Big 63-lb freezer with specia1
"chiller" section. Full door,
storage with egg racks, butter,
cheese keeper. Full-width per
cclam ensper. 90 door opening
148
$199.95
mi t limit traiie
17 Lt. CI l
ii bu ii. juuuruun t
KEEPS 595 LBS. AT CERTIFIED ZERO0 .
Spacious, orderly froezn food M 0 w
storage' Special fast-freezingJuT f f '
section, 5 refrigerated shelves, I
drop-front basket, door storage I
for 90 packages, interior light $169.95
without trade
ALL PRICES INCLUDE YOUR OPERATING ELECTRIC FREEZER
OR REFRIGERATOR, NOT MORE THAN 10 YEARS OLD
Wellington Eq 12 34