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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Nov. 17, 1936)
pa.:e two unEPFnrcn mar, trtbttne. medford. oregon, Tuesday, November 17. 1936. Dividend Increases Send Stock Prices Up Heavy Trading Seen FINANCIAL SECTOR CHEERED BY WORD DOLLAR IS SECURE Tloker Continually Behind in 3,200,000 -Share Turn over Rails Buoy Senti ment In Belated Rally UBW YORK, fo. 17. (AOP) Wllb numerou inorensed dividends fattening th pockubook, of thou, ssads, ths itook market was spurred OH speedy upward push Vxiay arid a vide assortment of Issue regis tered (tins of fraction to wound 4 point. . . i Leadership lifted to different fiaup throughout the session and tome selling la the final hour re duced extreme advance In many In stances. Transfers' were around 9,200,000 shares, .. In addition to sparkling business news, the unsocial sector was oneer ed by the statement of Secretary Morgenthau that the treasury had ample means to protect fne dollar Irani any runaway movement of for eign fund. It was also Indicated he fell no great concern over the recent heavy buying of American securities from abroad, although It was said this nidation was being studied large blocks of stocks changed hands at advancing prices In the morning and' the ticker tope was almost continually behind floor deal ings before noon. The turnover In the first tipo hours amounted to nearly 3,000,000 shares. A belnted rally In the rails buoyed sentiment In the board-rooms. Mer chandising, aircraft, mining, rubber, equipment and pfMlalty lasus. were among the beat performers. - Today' closing prices for 81 select ed slocks follow: Al. Chera, at Dye ...88S Am. Oan i - .lafl'i - - 'H JB7 63 1 43 ftO IW, n 181 481,4 lings and light steers fully steady; especially on better gradea kinds scaling 800-1090 lbs.; light heifers and mixed yearlings to $13,10: several light and long yearlings S11.50-1S.00, some scaling around 1200 lbs. at lat ter price; atockers and feeder firm at recent advance; all she-stock fully steady; bulls and vealers steady; practical top sausage bull 5.3ft but outstanding to S5.50; vealers selling more freely at m SHEEP 7,000; no directs; fat lambs In fairly broad demand; early bids fully steady; asking 26 and more higher; sheep strong to higher; feed ing lambs firm; native and fed come back lambs bid ee.00 freely; now ask ing' ag.25-40 and bettor; feeding lamb S3.M-T.50 according to kind; good 74 lb, wbltcfaces at outsld. Am. & ngn; Pow A. T. T. Anaconda AWh. T. J . P. Bendll vi Beth. Steel .. .,.,.,..-.. OeJUornl. Paek'g. Oaterplllar Tract. Ohrysler ...-.-..,-, Ooml. aalv. Curtlss-wrlght DuPont ....... - - aen. Food n. Mot. InV Harvest. , I. T. 4 T. Johns-Man, Monty Ward North Amer. Penney (J. O.) Phillips Pet aadlo ou. Pae. Bd. Brands -St. Oil Cat. .. At. Oil N. J. Trans. Amer. Union Carb. Unit. Arlcraft U. . ateel lOOU 13'i 140 sow 31 ...103 40 ,- 12 H - - 1094 - 40 Vi . 061, 103 H 2H 7K Uvrstoek PORTLAND, NOV. 11 (AP-TJ.S. Dept. Agr.) Hogs (0; market fairly steady; good to choice 105-219 lb. drlve-lna mostly 8.89. toad lota ab sent, quotable up to 10.00; 390-300 lb. weight J9-90; 190-165 lb. weights t.16-60: peeking sows mostly 1 60, few 1.76: load 7B-101 lb. mid-western feeder plge 7.40-60; choice feeders quotable to t oo. cattle 100, 60 direct; calve 10; scattered sales steady at Monday's advance; steers scarce, medium grade salable around tJM-T.39, top Monday .00; common heifer 4.36-6.60. beat heifer Monday 6.60; low cutter and cutter cowa 1.76-6.60, common to medium gradea 6.76-4.60; good beef cows salable to 9.50; bulls 4.76-6 26; good to choice vealer quotable B OO- too. Sheep 900; scattered tale about eteady; odd head medium 81 lb. lamb 6.13, good drlve-ln up to 7.60; odd yearlings 600: 1 clerks 121 and 131 lb. ewes 9.36 and 9.50: best trucked -Ins 138. OHICAOO. Nov. 17. (AP-USDA) noga 9S.OO0; active to all Interests; trong to 10 higher; top 60.70; bulk good and choice 100-380 lb. 0.45-06: K.oet 160-190 lb. 6.79-390; pigs scarce; few choice strongwelghu a 00-40; bulk urn or ted sews -14. OATTtB 8.800: calves 9.000: year- SOUTH SAN FRANCISCO, Nov. 17. (AP-USDA) Hogs 1,460, direct 1, 366; generally steady; top and bulk 160-230 lb. Weight 810.26; 245-280 lb. butchers 80.76; few 310 lb. aver- egee 4946; few smooth light sow to 88.00, medium weights 17.25. CATPLE 600; holdovers 20; til classes active, steady to strong; spot 0-16 higher for two day on in-be tween-grade cows; two load medium 1038-1116 warmed up grassy steers 98.00; one load sorted 9 head; other medium grasa ateer 8700-35; short- load 810-890 lb. Oregon feeder ateef 65.76-8.36; load good 1046 lb. tangs uw 86.60, lightly sorted; bulk common-medium range cow 64.60-6,00: low-cutters-cutters 6300-4.26; odd 1D1! 96.26; good quoted to 68.76. Calves 100; choice vealers asbent, quoted to 60.60. 0EBEP none; nominal; atrlctly good Around 80 lb. wooled lambs quoted to 98.80; ewes salable 93.26 down; lata Monday; lambs closed steady to 10 lower; bulk medium-good shorn and medium-pelt 73-77 lb. California and Oregon lamb 87.76-8.16; straight to sorted 18 per cent. AUSTRIA BUILDS FOR WAR "iriis,a Games and contests of endurance form an Integral part of Austria' army training as the nation's armed force are constantly Increased, Three soldier are shown competing here In a difficult military tornl ter race, (Associated Press Photo Portland Produce Produce. PORTLAND, Nov. -17. CAP) But. ter Prints, A grade, 84V4o lb, In parchment wrnppcrs, 350 lb. In car tons; B grade, parchment wrappers, 34i,o lb.: cartons, 850 lb. BUTTERPAT (Portland delivery, general price) A grade, delivered at least twice weekly, 86 if 97c lb.: coun try routes, 34 a 35c lb.; B grade, 84 a 36c lb.; O grade at market. B GRADE CREAM FOR MARKET Buying price, butterfat basis, t8l(,o. EClCtB Buying price by whole eelers: Extras, 83o; atandards, 30c; extra medium, 25c; medium flrau, 21c; undergrade, 17c; pullets, 13 15c; pec-wocs, Be dozen. COUNTRY MEATS soiling price to retailers! Country killed hogs, best butchers, under 160 lbs., 18a 1314c lb.: others unchanged. LIVE POULTRY Portland delivery, buying price, colored hens, ovsr 414 Hm 108.17c lb.; under 4H lbi 1S 17o Ib.i leghorn hens, laolto lb.: leghorn broilers, 14 lls 16 17o lb.; leghorn springs, l416o Ib.i roosters, 80o lb. Potatoes, onions, wool, hay, steady and unchanged. COAST GUARD CARRIES MAIL The Coast Guard cutter Itasca brought tht first mall to reach Los Angsle harbor from Honolulu sine the Paclflo Coast maritime strike Isolated Hawaii from American shipping. Her are the 290 bags of mall being unloaded from the cutter at the dook. (Aaaoeiated Pros PhOtO) . : Portland Wheat PORTLAND, Nov. 17. (AP) An other advance was scored for wheat despite an easy opening. On th Portland future market there wa no trading with the final bid on De cember unchanged, with May ,o higher. There were no caah prices ramed but report auggeated a fair volume of buying, especially for mills. Wheat: Open High May 08 00 H Dec. 08 ',4 98, Today's car recelpte: flour 1, Low Oloae 00 09 a, 08 i 08 lj Wheat 15; Chicago Wheat ES NEW HIGH LEVELS CHICAQO, Nov. 17. (AP) Grain price soared today to highs that, In Instance had not been surpassed In sli to nine years. Corn led the general odvanoe with a Jump of 3H centa. Heavy specu lative buying lifted December corn to 8108 a bushel, highest price for the delivery since 1027. Some trade reports lndlcatod a poorer harvest than had been expected. Wheat gained fractionally to a all year peak of 91.18H for December but later reacted and closed little changed from yesterday. Soy beans shot up th 4 cents pef bushel limit permitted for one day. Both December and May con tracts were quoted above 81.34. Oat and rye, gaining about a cent, touched new high prices fof the year. NOTICE There will be no meeting of Malta Commandery. Wednesday, November 18th. M. W. ORUUB. E. O. xNb. E. DETR1CK, Recorder. 1 Stated Convocation Crater Lako Chapter No. 33 R. A M. Tuesday, Nov. 17th, 7:30. Work In P. M. Degree. V. A. NORRI3, H. P. S. M. WILSON, Secy. Closing tlmo for Too Late to Clas sify Ads la 1:30 p. m. 'mm CHICAGO. Nov. 17. (AP) Smash ing of high prices records for grains took place late today, a well aa early. Corn climbed 3H cent a bushel, and aoy bean 4 cents, the extreme permissible limit, (wheat) Open High Low Close Dec. 1.18H US'i 1.17 I.18H May 1 15?, 1.15 1.15 1.15H July 1.03 1.03 1.01 H 1.021, 8an Frnm-lsco Turkeya SAN FRANCISCO, Nov. 17 (AP) Dressed turkeys loos unchanged. nn Franrlsco nutter SAN FRANCISCO. Nov. 17 (AP) Butter, score: 02-39; 01-33; 00-J2; 89-31. SACRAMENTO, Nov. 17. (AP) Churning cream buterfat, first grade 73 ",e: 02 score 36 ",. (CO (HUSKIES?) )l OA THAT'S THE CEREAL I y'ffi. FOR YOUNG ATHLETES H -V-V - 'wj J " NMD COACH AT WOTM DAMII "Yea, sir . . . IH'SKIKS certainly hsr a grand new flavor," add Mr. Layden . . . "and there's noth ing lilt wool wheel for food energy!" Ask your grocer to HUSKIES. Tho new Post Cereal made by General Foods. f ADRIENNE'S Glamorous New Party Dresses Formals, dinner frocks, and dress 69 for afternoon and oooktail par ties. Featuring all the smart new colors, materlnls and glittering trimming details. $8.95 and up J. V.VJ li JSet Blouses Mew style blouses in satin, erepe and lace. Specially priced, $3.95 Values $2.95 $2.95 Values $1.95 COSTUME SUITS Only a fow of i n those are left. 2 rrice Wednesday Only Corduroy SUITS $2.95 COATS One group of fur trim med coats and fabrio sport coats. Specially priced $16.95 IT OF STATEAGENGIES Interim Committee Head Maintains Reorganization Must Aim at Efficiency, Economy in Government SALEM, Nov. 17 (AP) Recom mendations of the legislative Interim committee on government reorganiza tion must be along one of three line Chairman D. O. Hood of the commit tee told the board of control as con slderatton of the state's financial aet- up vaa continued here late Monday. .First, whether minor changes should be made to effect efficiency and economy. These would Include transferring the savings and loan di vision from the corporation depart ment to the banking department; transfer of the collection of Inheri tance and gift taxes from the state treasurer and the gasoline tax from the secretary of state to the tax com mission; and the collection of other taxea placed under one general head. second, whether the state should go the entire way and place all de partments having to do with finance under one head, with sub-heads. This would consolidate the budget control, purchasing, accounts, corporation de partment, insurance department, tax commission and banking department under a finance officer. Third, whether to consolidate into three departmental finance, such as budget, accounts and purchases under one; corporation, banking and Insur ance under another; and alt tax col lections under a third probably unde the state treasurer. Hood stated that contrary to some opinion, he held that the advent of branch banking called for a banking superintendent more than the former universal unit banking had required one. The board continued consideration of the Interim committee proposals. but .definite recommendations will await a future meeting of the Interim committee. Ex-Official Imprisoned B. Ray Frltt, former elty manager of Alameda, Calif,, shown as he left for San Quentln prison to serv a on to 14-year term follow ing conviction of perjury In connec tion with the municipality's tangled governmental affairs. (Associated Press Photo) The word ruby Is derived from the Latin "ruber," meaning red. BEGINS JAIL TERM: SALARY CONTINUES VENTURA, Calif., Nov; 17. (API Gavin W. Craig, associate Justice of the district court of appeal, began serving today a year's term In the county jail but continues to draw his salary of 810,000 annually. Craig, convicted May 8. 10a5, of conspiracy to obstruct Justice lu the Itslo-Petroleum case, surrendered last night at the request of his bondsmen. He haa been fined 81000. His attorneys mads a last minute effort to save him from Jail by fil ing a habeas corpus writ on the ground he was twice placed in Jeo pardy. Federal Judge' Leon Yank- v.lch denied the writ and Craig' at torneys said they would appeal. The state supreme court recently held that Craig la still entitled to bis salary as associate Justice since he was not removed by any of three constitutional ways recall by popu lar vote, concurrent resolution of two ttlrds vote on both houses of the state legislature or by Impeachment. Closing tlmo for Too Late to Clas sify Ada la 1:30 p. m. Auto Death Toll Rises In Portland PORTLAND, NOV. 17. (AP) Death of Mrs. Dollle Ryden today brought to 88 the total traffic fatalities in Portland for the current fiscal year ending November 30. Last year, fa talities reached 64. Mrs. Ryden was fatally Injured In collision of two cars last night. Eleven others were hurt In mis haps here yesterday and last night. BETTER HEALTH Stomach, Rectal aid Colon Ailments Deatroy Your Constitution Beit known trtatnuat in tht Wit for Uli, Acid tty, Iodieestlon, PiUi. Pmutct, Fistula, Colitis, Bloat Ids, Constipation. I a gnosis. Examination and Treatment by skilled No boapltml surslcalopmtlOD.Ko connnerocoa Write oicall for FREE dtKiipdvt Booklet. Dr.C. J. DEAN CLINIC Phyilcian and Burioon KB. Corner Burn.lds and Grand AVtnee Telephona EAst 3918 Portland, Orison Insist On Delicious Lost River BUTTER 569 445 So. Riverside TOiiM ill;; m it" itm 1 FOR THE MAN WHO LIKES DISTINCTIVE HATS KNOX FELTS $500 and S7.50 On Fifth Avenue, New York or on Main street, Medford , . . wherever smart people meet . , . you'll find men and young men prefer KNOX hats There's & smartness and "snap" that instantly appeals! REINHART & BARKER . .206 E. Main 1 ' . ' HAM is a HABIT with them .... MANY families go on eating the same round of fa miliar foods week after week, year after year. Of course, they get some variety fresh fruits and veget ables in season special side dishes now and then a new cracker or cereal or relish or something like that. But, it's all too easy, unless you watch out to won der what to have for dinner tonight and then fall back on habit by serving the same old things cooked the same old way. It may take a little thought to get out of the rut but really not too much. If you want to treat your family right, watch this newspaper for hints on new things to eat and new ways to fix the old favorites. For example, there are more than fifty different ways of serving ham. And don't miss the advertisements. You'll find them full of news about good foods at special prices, about new kinds of foods, about new ways to cook and serve. . . . It so easy, after all, once you make up your mind to set a better table. ADRIENNE'S
