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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Nov. 6, 1936)
PAGE FIVE Selected Stocks Reach New High Levels-Steel Wages Increased nCDFORT) MAIL TRIBUNE. MEDFORD. OREGON, FRIDAY, NOVEMBER 6, 1936. AFTER FAST PACE IN DUO HOURS Some Customers Taking Profits Steels Tilted Downward by Heavy. Pay Increase Announcements NEW YORK, NOT. 6. (AP) While selected stock market Issues forged Into new high territory for the recov ery today, selling of the steels and other recent leaders effectively put the brakes on the post-election rally. See-a&w trading trends, however, slowed the trading pace liter the ticker t&pe wss behind for almost an rour and a. half In the morning. Transfers were around 2.700.000 shares. Although progressive economic de velopments helped to buoy sentiment, brokers said some of their customers were not loath to cash In &t If nt part of their profits which had piled up In past weeks. The downward tilt in the steals ac companied announcements of wage Increases by Important comp&nie; In this industry. A less than seasonal decline .'n last week's freight loadings failed to stim ulate the rails, although the majority were not too depressed. Shares of Loew's were In the lead with a gain of more than 3 points. Others In front Included Wright Aeronautical, Amerada, Dupont, Gen eral Railway Signal, Pressed Steel Car, Patlno Mines. Chrysler, American Rolling Mill, Columbia Pictures. Schenley. National Distillers, Distil lers Corp.-Seagrams. Hiram Walker, American Metal, Glmbel and Ameri can Telephone. Andes Copper dropped 10 points or so. Johns-Manvllle was off nearly 4. Today's clo&lng prices for 33 select ed stocks follow: , Al Chem. & Dye 337 Am. Can 1274 Am. Pgn. Pow..,.......... 64 A. T. & T , 161 '4 Anaconda 63 A ton. T. & 5. 77 H rendJx A via. - -, ao Beth. Steel 73 California Pack'g 40 H Caterpillar Tract. 89 Chrysler ..1341, Coml. Solv 17 Curtlss-Wright 6'i DuPont n8l,B Gen. Foods ....... 42 4 Gen. Mot 74 Int. Harvest. ... 96l8 I. T. & T 13 Johns-Man 135'i Monty Ward 59 "2 North Amer Penney (j. c.) Phillips Pet Radio Sou. Pac - 31'i 102 4 .. 47; lli 43 Vi td. Brands 17 t. Oil Cal .. 404 St Oil N. J . 67 Trans. Amer 16 Union Carb 101 Unit. Aircraft 24 U. S. Steel 77 Vi PORTLAND, Ore.. Nov. 6. AP) riun te Bradstreet said today retail sties In the Portland area maintained en average gain of 10 to 20 per cent the past week but that "this may be reduced the next week as the unem ployment occasioned by the marine strike becomes effective." The report also said "In wholesale circles some cancellations from rural merchants have been received" and that "the movement of fruits and other perishables Is causing concern Collections were reported slowing up but still satisfactory. EY BUYI AT 18 CENTS PORTLAND, Ore.. Nov. 6. AP) Msrket sources said today four ma. Jor buyers began purchase today of Oregon's 1936 turkey crop the larg est on record at 18 cents a pound for dressed birds. The price Is about 4 cents lower than a year ago. Reason given for the lower price Included a possible surplus crop, an abundant Utah yield and the loss of Honolulu and, Alaskan holiday mar kets due to the shipping tie-up. Last year 125,000 pounds went to Honolulu and 50,000 pounds to Alaska. Use Mall Tribune want ads. GENERAL INCREASE; IN STEEL PLANTS NEW YORK, Nov. 6.- (AP) A gen eral Increase averaging about 10 per cent in steel wages, benefiting chiefly lower paid workers, was announced, today by leading units of the in-! dustry. More than 160.000 of the Industry's 475,000 hourly wage earners. It was j estimated, were in line for pay boosts. I effective November 16, as result of the Initial announcements by two I subsidiaries of the United States Steel Corp., and by Bethlehem Steel. I The American Steel 5c Wire com- j pany a subsidiary of the United States I Steel corporation also announced a wage increase of 10 per cent affecting 5700 employes of its Cleveland plant. Based on the combined payrolls for 1935 of all U. S. Steel Corp. sub sidlarles and those of Bethlehem, to- day's Increase In payrolls was Indi cated at about $33,000,000 annually. With increased employment this year, however, and higher wage rolls, work ers will receive a jrreater lift in com pensation than these figures indi cate. Bethlehem, In a terse announce ment, said the basic labor rate would be raised 5 cents an hour, "with equitable adjustmenta in other rates of pay." Carnegie -Illinois, from. Pitts burgh, announced a like boost In the basic rate for workers In Its McKess port plant. The average basic rate for the In dustry, according to the American Iron & Steel Institute, has been around 47 cents an hour, with varia tions for districts. The latest was the third major boost stepping the average basic rate up from about 33 cents In 1933, around the depression depths. Livestock. , PORTLAND. Nov. 0. (AP-USDA) Hogs 220; 104 direct: Market active, fully steady: good to oholce 180-210 lb. drive-ins mostly 9.60; tew 360 lb. butchers and 130 lb. slaughter pigs. S0.00: packing sows, 7j00-50; (ew holdover mtdwestern feeder pigs. $7.25; choice local feeders quotable to sround 98.25. CATTLE 75; 43 through and direct; calves, 25; 24 direct; market nomi nally steady; common to medium steers salable 4.75!'7.00; week's best grassers, 17.65; grain fed steers up to S7.85: heifers salable around M 25 6.00; low cutter and cutter cows, $2.50$ 3.25: common to medium grades, Including fat dairy type cows, (3.50(4 3.25; common to medium grades. Including fat dairy type cows. S3.50? 4.25: good beef cows quotable $4.S0 5.00: bulls, 4.S0i5.00; good to choice vealers quotable 8a9. SHEEP 250: 213 direct; market nominally steady: good fat lambs salable upward to 7.50 or above: year lings salable around 4.505; good to choice ewes. 2.753.00. CHICAGO, Nov. 6. (AP-USDA) HOGS 18.000; active, fully 10-15 high er; 100-360 lb., 9.60-76; top 9.80; 150- 180 lb. largely 9.10-65: few good 100 130 lb. pigs 8.00-50; lightweights downward from 7.50; better grade packing sows 9.10-35. CATTLE 2,000; calves 500; general killer market steady to strong; beat fed heifers 9.85: very little beef In run: steer supply comprising only few loads and odd lots, to 12.00 paid for choice to prime 1087 lb. yearlings: next highest price 11.60; sprinkling In-between grade medium weight and weighty steers 9.25-10.60 according to quality; bulla 6.75 down and vealer, 25 or more lower at 9.00 down; very few 9 50. SHEEP 7.000: fat lambs very un even: early sales around steady; others 16-25 and more lower; other classes ltltle changed: bulk choice, native lambs sold early 9.60 down; latter trades 0.35 and under with day's ex treme top 9.60 to small killers; fed comebacks 9.00-35 mostly; bulk slaughter ewes 3.88 down. Portland Produce PORTLAND, Ore.. Nov. (API BUTTER: Prints, A grade, 36c lb. In parchment wrappers. 36c lb. In car tons; B grade, parchment wrappers, 34c lb.; cartons 35o lb. BUTTERFAT (Portland delivery, general price) A grade delivered at least twice weekly. SStaSfiijo lb.; country routes. 36c lb.; B grade 353 36ijc lb.; C grade at market. B grade cream for market Buying price, buttertat basis, 53V2C. EGOS Buying price by whole salers: extras 35c; standards 32c; ex tra medium 23c; medium firsts, 22c; undergrade 16c; pullets 13 15c; pee wees, 8c dozen. Cheese, country meats, live poul try, steady and - unchanged. Chicago Wheat CHICAOO, Nov. 6. (AP) Climb, ing more than two cents late today, corn reached above $1.00 a bushel for December delivery In Chicago. Thla Is the highest price December corn contracts have touched since August 19, Wheat: Open High Low Dec. 1.16?, 1.15H 1.14 May 1.13S 1.IS1J 1.13 July .9914 .90S 98 Corn: Open High Dee. .98 l.oo4 May. new.. .93',. .94 Old 93',, .93,4 July, new .90 .01 Old 9H .9014 Close 1.14T, 1131, Low Close .98 1.1001, .03 .94 .921', .93 .90 .91Vi .88 .90 SOUTH SAN PRANOISCO, Nov. . (AP-USDA) HOOS 100. Butcnera mostly 15c higher, short-load 218 lb. Callforniaa $10.15, top; other welghta absent; packing sows $7.00. CATTLE 100; active, steers most ly 35 a 50o higher for the week, two loads medium 875-8R5 lb. weights off beet tops $7.25; few medium 815 lb. grassers $60(S7. common 1140 lb. weights $6; few light grass heifers $5.25; low-cutters-cutters practically absent, eligible mainly $3g.75. Odd bulls to $5.50, steady. Calve none; nominal; good-choice vcalera quoted around $8.50 9.50. SHEEP 100, all direct; holdovers 210. Little changed; quality mostly medium and below; half-deck 66 lb, medium-pelt California lambs $7.60, sorted 20 head $5; snort-deck med ium 72 lb. shorn lambs $7; good wooled lambs absent, quoted to $8.50; few medium-good slaughter ewes, $2 3. Portland Wheat .Hoeing time for Too Late to Olaa slfv Ads is t :S0 p m. PORTLAND, Ore., Nov. 6. (AP) drain: Wheat: Open High Low Close May .98 ft .9& ,98 .08 ft Dec 87 .97 .07 .97 Today's car receipts: Wheat 8; flour 7; hay 8. Income Shares Maryland Fund, bid 910.63; asked 11.62. Quarterly Income, bid 1.87: asked I2.0A. Crater Travel Higher Tourists al Crater lake national park In October numbered 7.889, an Increase of 71 per cent over the number of . visitors a year ago, officials announced today. With favorable weather prevailing, tourists continue to visit the resort In large numbers. There la no snow at the park and an roads were said to be In good condition. -It's a Liqhf Smoke! . . 1 ' f? J?f ..i'ira' -If. a light smoke f: , J : W MSTuUfJffgf If youVe hoone of the HfSf I ' 'IV' ft nmmJrf& game, it won't be from C- fii f ' ' fMJ ,oklna ifyoursUa i i ' , -JHmSS II Hgjht smoke-o lucky, f I VX' jf6MM I When the man with the fc. P' tSSSi ' t bo.ket yell, "eigon, J A. elaareHej "veil back for 4, ii,-'' -i t Vif.f : .W a llaht ,moke...yell -7W Guard that throat! Block that cough. ..that raw irritation... teach for a light smoke.. .aLucky! Whetheryou're shouting, and cheering the team, or just talking and sing ing and laughing at home, there's a tax on your throat you can hardly ignore. So when choosing your smoke, it pays to think twice. Reach for a light smoke a Lucky...andget the welcome throat protection that only Luckies offer the exclusive protection of the process, "It's Toasted." Next time you go places, take plenty of Luckies. They not only taste good, but keep tasting good all day long... for Luckies are a light smoke and a light smoke leaves a clear throat a clean taste. NEWS FLASH! "I've only missed sending in my entry 3 times"Sailor Uncle Sam't failora find lime to try their kill in Your Lucky Strike "Sweep Itakei." Seaman Spangenberger of the V. S. S. Mitsistippi, tn enthuiiaitic "Sweepstakes" fan, writes.! "I've only missed sending in my entry three times I mail them in whenever the ship is In American waters." Have you entered yet? Have you won your delicious Lucky Strikes? Tune In "Tour Hit Parade" -Wednesday and Saturday evenings. Listen, judge, and compare tbe tunes then try Your Lucky Strike "Sweepstakes." And If you're not already smoking Luckies, buy t pack today and try them. Msybe you've been missing something. a 60 OF RICH, RIPE-BODIED TOBACCO - "IT'S TOASTED" Locals Tonsils Removed Mrs. w. J. Edens of Jacksonville underwent an oper ation for the removal of her tonsils at the Osteopathic hospital today. Mrs. Emery Butte of provolt had her tonsils excised yesterday. It t turns to Crater Berl Sexton, telephone technician at Crator lake national ' park, was to return this afternoon to the mountain resort after conferring with officials here. He arrived here yesterday. Bauer In Ashland MecUord rest dents calling tn Ashland recently in cluded Bruce Bauer, who transacted business there Wednesday, and Lea Hammarley and C. J. Brailey. who also called Wednesday. Von cler Helliyis Have Baby An nouncement has been made of the birth of a daughter to Mr. and Mrs. Donald von der Hellen In Portland, October 31. The baby, weighing four pounds and six ounces, has been kept In an Incubator since birth. The von der Hellens are former residents of tho valley and have many friends Ucro who will be Interested to hear of the event. To I'nion Creek K. P. Mr Reynolds, assistant United States forester, left this morning for Union Creek when he was to organize a crew of ERA workers who will cut out lodgepolc In tho area about seven miles above Union Creek on the Diamond lake highway. Tho lodge pole will be thin ned to give white pine trees a better chance to develop, the forest service explained. Dwelling Completed The five room dwelling and garage for the forest guard at the Umpqua divide station on the TUler-Trall highway havo boen completed and the house Is ready for occupancy In tho spring, It was announced today by tho Houe river national forest service. Con struction was done by ERA worker under supervision of R. B. Langston of Central Point as foreman. The dwelling Is rustic In design. In har mony with its surroundings. Tn Start Construction Work will start soon on the construction of a dwelling and garage for the ware houseman on the warehouse property owned by the Rogue river national forest service on McAndrews road, It was announced today. Plans are now awaiting approval at the regional office In Portland and construction will start as soon as the blueprints have been pnssed upon, It was said. The dwelling and garage will be rustic in design. A fenced yard and drive way will also be Included in the proj ect. Construction will be done by ERA workers under supervision of R. B. Langston of Central Point. HEPPNER, Ore., Nov. 0, (AP) The Heppner city council voted to appropriate 8,C00 for street im provement providing PWA aid can be obtained for the balance of Im provement on 15,000 feet. DR. GEO S. JENNINGS Osteopathic Physician and Sur geon and Optoifictrlo Eye Specialist Now In Permanent Offices 424 .Mod ford Center Illrig.. Medford, Oregon, Tel. 813 SPARKLET BOTTLES WHILE THEY LAST! Complete with Five Bulbs at your Western Thrift Stores Main and Central 126 East Sixth St. $.19 SO. OREGON'S FASTEST GROWING GROCERY Where You "Pay Less and Park Easier" RIVERSIDE MARKET DUmsma 1 0UR 0WN FREE DELIVERY SERVICE! OOIIC OPEN Sundays and Evenings 313-318 N. Riverside Your Dollars Always Go Farther Here, Check These Sensational Dollar Day Bargains OATS Mother's With China 4 large pkgs. $1 TISSUE "r 32 roiis $1 Pineapple 1 3 cans $1 CORN aotenNBantr 1 O CBIIS $ j LOOK AT THIS EXTRA SPECIAL t SQUASH oa 100 lbs. $1 Macaroni 21 us. $l Corn Flakes 13 pkgs $l lsWft TVT Del Monte No. 2 can g st 4 s sl' AJLI Golden Bantam t cans a POTATOES Kr2th SO lbs. 4f and ONIONS 271b. Both for I MILK Cottage or Libby's Peter Pan 15 cans $1 PARD DOG FOOD A balanced ration 12 cans $1 rrs, urn uuicn uieanser Everybody knows Old Dutch 14 cans $1 0 SUGAR Pure Cane 19"" $1 Tomatoes Bagloys No. Vz can New Pack 13 cans $1 GRAPES Table Quality 10 lbs. 25c Full Lane of Lunch and Fresh Meats
