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