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