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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 27, 1937)
IfEDFORD MAIL TRIBUTE. flEDFORD. OREGON. FRIDAY, AUGUST 27, 1937. PAGE ELEVEN ' Share Market Is Chilled by War BREAK IN STEELS E IN FINJOIES Rally At Start Lasts Only Few Minutes Trading Picks Up In Late Sell-Off 850,000 Shares Sold. JfBW YORK. Aug. 37, VP) Lead Ing atocka were chopped down 1 to I or more points in today'a market aa traders found little cnange lor the better In either foreign or domes tic news. There ni an abortive rally at the atart lasting only a few mtnutea. The list gave ground slowly thereafter until around the final hour when a break In steels sapped the small amount of courage remaining In buying forces. Chilling speculative sentiment, brok ers said, waa the threatened diplo matic break between Oreat Britain and Japan over the shooting of the British ambassador at Shanghai and chances the Japanese blockade of the Chine, coast would hit the United States as well as other nations and further endanger world peace. A few utllltlca, rails and specialities did comparatively well, although most were unable to finish ahead. Extreme setbacks were reduced before the close. Dealings were light during the morning. Momentum picked up on the late sell-off. Transfers were around" 890,000 shares. Today's closing prices for 32 se tocted stocks follow: Al. Chun. Jc Dye .330 Am. Csn 10314 Am. & Tga. Pow. 7V4 A. T. & T. 188!4 Anaconda - M Atch. T. S. F. Bendlx Avla. .. 18 Beth. Steel Caterpillar Tract. 83 Chrysler 1084 Coml. Bolv. 13'4 Curttss-Wright 8 "4 Dupont 1M n.n vtIm. 82 Gen. Poods Mot "Oft top 13.10; bulk good and choice 189 340 lb. 11.75-13.00: few butchers 350 300 lbs. 11.80-73; most good packing sows 9.75-10.40. CATTLE 1,000; calves 500; steady trade on all killing classes: excepting common and medium light grass steers vajued at 8.30-11.60; these In narrow demand at catch bid prices; few loade and scattered lots medium to good yearling ateers 13.00-15.30; better and weightier kinds negligible: most grass heifers 3.25-7.50; plain light soiithwestere 5.00-60; grasa fat oowa 6.50-6.75; cutter grades 4.00 5.00 mostly; bulls and vealera steady; practical top sausage bulls 0.50: veal era 11.50 down. SHEEP 9.000: spring lsmbs active, stesdy to strong: good to choice na tives 10.50-75: few 10.85-90; 31 cars Idaho snd Washington spring lsmbs 10.75-11.OO; sheep about steady; slaughter ewes 3.00-4.50. Gen. Int. Harvest. . I. T. & T. , Johns-Man. . Monty Ward ..... North Amer. Penney (J. C.) PhlUlps Pet. Radio Sou. Pac. m Std. Brands St. Oil cal. St. OH N. J. Trans. Amer. Union Carb. . Unit. Aircraft Steel .111 , 30 .135 59 ",4 . 35 ft . 98M, . 57 U. 8. . US, . 4l4 .. esYt - 18 . S -. 34 ..1084 Livestock Portland Produce PORTLAND. Aug. 37. (AP) BUT TER Print: A grade. 86c lb. In parchment wrappera. 37o lb. In car tons: B grade 83c In parchment wrappers, 38c lb. In cartona. BUTTERFAT (Portland delivery. buying price): A grade. 35'4-36c lpb., country atatlons; A grade. 33 o lb.; B grade, 3o lb. less: C grade, 6c less. EOOE Buying price by wholesal ers: Extraa 34c doz.; standards. 31c doz.; firsts, 30c doz.: medium. SOc doz.: medium firsts, 17c doz.; under grade, 14c doz. Cheese, country meats and live poultry unchanged. Potatoea. onions, cantaloupes, wool, hay, unchanged. Portland Wheat PORTLAND, Ore., Aug. 37. AP Oratn: Wheat: Open High Low Close Sept. .93 95 94',i 96 DOC 964 07 lA 96 97 Cash wheat: Big Bend bluestem, hw 13 pet. 9814; 12 pet. 94'i; dark hard winter 13pct. 1.09; 12 pet. 1.05; 11 pet. 97; soft white and western white 04 Vi; hard winter and western red 95 Va. Oat, No. 2 white 23.00. Barley, No. 2-45 lb. bw 27.50. Corn. Argentine 40.50. Milium standard 23.50. Today's car receipts: Wheat 59; barley 5; flour 7. Chicago Wheat Portland. wmTT.AND. Aiiff. 37, (AP.USDA) BOOS: 400, Including 334 direct; mar ket very slow, few sales steady; gooa eholca lightweight drlvelns 11.75, choice load lota 13.00; few feoder pigs 11.00. CATTLE: 80. Including 38 direct; M . m. including 18 direct: mar ket steady, nominal; common grass steers saleable B-.KJ- ..ou, meQima-tfww eligible 8.60-10.00 and above; com-mnn-fnAriiiim hatfera Quotable 6.80- 8j00; scattered low cutter and cutter S.75.4.76; medium-good oeei cows 50-635: bulls 8.50-8.38; top veal 10.00. SHEEP: 800, Including 323 direct; market steady, few good 74-104 truck ed In lambs 9 00; common 81-lb. 733: shorn 63-lb. 6.80: odd wethers 8.00; common 3.80-S.78. South San FranclMO SOUTH SAM FRANCISCO. Aug. 37. iiP in. a. Dent. Art.) HOOS, 600. including 185. direct. Butchers opened 8 lower than eany muisunj or 10 higher than some late salea, early top 11. SO on good around 170 336 lbs, butchers, scattered lota light, lights and few 240-370 lbs. butchers sorted out 11.10: two loada good eholc butchers snlved late, unsold, bid 11.60 sorted: packing sows 10-35 lower; load good light aowa 8 73. CATTLE, 100. Medium good ateers and aha stock absent, market quoted nominally steady, medium steers aal able largely 8JJ0.9A0. good led quot ad around 10J5: medium-good grass oowa salable 8 60-8.73. low-grada cows s)ow. about steady at Thursday's 38 60 decline: few common range cowa 6.00-638, low-cutters-cuttcrs 8.00 4.50, odd head thin cowa down to 3,00: bulla quoted nominally steady, or up to 8J on good welptty kinds. Let Thursday, load tcedlum 930 lbs. Oregon grasa ateers 8.88. Calves: 10. NomlnsUy steady; good -choice veal era quoted around 9.00-10.00. 8HHSP 400. Active, ateady. 400 head medium-good 78-78 lbs. north ern California wooled lambs 0.00. aprWd 10 oar nt- O0ul weLsta and claseea absent, strictly good Tooled lamba quoted up to BJ0; shorn lambs eligible 8.76 down: short woolsd slaughter swea quoted 4.00 down. CHrCAOO, Aug. 37. VP) four cent drop In September corn, the limit In one session, unsettled prices of all grains today. Wheat lost all of an early gain of almost two cents a bushel. Higher wheat prices abroad, drought In Argentina, rumors Germany is buying wheat and International oora pllcatlona In the far east were factors behind the upturn of prices of too leading bread grain early In the ses sion. Corn's break accompanied a fall of four cents a bushel In prices of the cereal for Immediate delivery, Corn receipts here were larger. Corn waa 24c down, September, 9514c; December, fl464. Oats were unchanged to lie higher. . Wheat: Open High Low Close Sept. 1.07-H 1.08H l.S 108 Dec. . . 1.09'.; 1.10V, 1.08 1.08, May 1.1154 1.13 1.11 1.11V4 an Francisco Butter SAN FRANCISCO. Aug. 37. (AP) (VSD.fi.) Butter, scors. 9333; 9138. SACRAMENTO. Aug. 37. (AP) Cbumlng cream butterfat first grade 39; second grade 3814. IN SLOWER TEMPO NEW YORK. Aug. 37 (IP A Blow er tempo In wholesale trade, with only slight Improvement In retail distribution, was reported today by Dun 8s Bradstreet, Inc., In a weekly busln ss summary. The mercantile agency pointed out shifting between-season currents ob scured trensd as buyera divided at tention between autumn and late summer merchandise. "As little stlmulua waa provided for building Inventories." the sum mary said, "buying In wholesale mar kets turned Blower, awaiting con sumer approval of goods assembled. The temporary slackening of Indus trial operations waa confined largely to the automobile, building mate rials, footwear and some of the tex tile divisions. 'Helped by special dearancee and favorable weather, broadening demand put Paclflo coast retailing ahead of their sales for the corresponding 1936 week by 10 to 30 percent." STAGNATION RULES BOSTON, Aug. 27. (&) The Com mercial Bulletin wll say tomorrow "The wool market is stagnant. Hero and there a small lot of wool Is moved for some necessity but the mills are snowing the utmost Indif ference to offerings and the trade on both sides of the Atlantic ts waiting for the opening of the new Australian season on Monday at Sydney. "In the west, there ts very little Interest being shown and some grow ers have offered to sell at a half-cent decline but with no success. "The plecegoods markets are af fording no encouragement to the trade. , The Bulletin will publish the fol lowing quotations: Scoured basis: Oregon Pine and F. M- staple, 97$ 98c; fine and P. M. clothing, 90 92 c. Mohair: Oregon, 63 3 67c, (Foreign prices in bond.) E - PORTLAND. Aug. 27. (AP) In creased Inquiry from eastern markets. the possibilities of smaller supplies and a decreased storage surplus pro mise higher prices for turkey growers this year, a market survey said today. Albert H. Clark of the Columbia Produce company purchased the last 1000 pounds from the 1936 crop and dispatched the shipment to an east ern client. Eastern reports said movement of birds out of storage had been exceptionally heavy re cently. Buyers are already Inquiring what the growers expect In the way of prices for the holiday birds. The survey said there had been some re ports of a 5 to 7 cent advance over a ynr ago. PEACH GROWERS PERFECT SOCIETY Organisation of a cooperative asso ciation waa completed last night at a meeting of Jackson county peach growers. Name adopted by the or ganisation waa the Rogue River Val ley Peach O rowers association. It was announced that the main objectives of the association are to set and maintain a peach price that Is fair to both the producer and con sumer; to oppose unfair trade prac tices such ss non-uniform pack, price outtlng snd misleading advertising; to procure the cooperation of local stores; and to obtain Information regarding markets and prices for association members. The meeting denounced the assert ed practice of advertising off-grade peaches at a low price without re vealing their actual grading. AU as sociation members agreed to call "off-grade" all peaches not of No. t mialltrtf- The mihitft tPM vntrriM4 to be skeptical of the quality of peaches I offered at a price below that set by the association. New Process Tried TUCSON, Arts. (UP) The first successful method of amalgamating gold and turning It Into bullion at the mine was achieved at the Pilgrim mine In Chloride, . D. Oardner. supervising engineer of the United States bureau of mines, announced. "The ore at the Pilgrim mine is treated by flotation." Oardner said, "and reduces operating costs." Wings of the Morning! Balmy Aye, and why noti When $0 much pleasure cost; so little 'tis a Scotsman! paradise. Schilling Coffee One for Percolator inothet one for Drip or Glass Maker. CORVALLIS LEGHORNS TOP CORNELL CONTEST Cnliago CrllCAOO. Aug. 37. AF) (CB.D. A I HOOS 6.000; saner ally stosdy 16 hlihar than yesterdays average; tr 190-aao lb, getting advanoa; rn.w nrvri.oPLNO Ws demlop and print any ! roll ( or 8 eipoiurea) 25c( reprints Jc each. Send oa a nesatlra (or a fret sample, quality work Jnlck set n re. RFF. ril.M CO. sVUloS H. Box sOSi, fortland. Oia, CORVALLIS. Aug. 37. (!P) Jess Hanson, local poultry fancier, report ed that eight hens from hla pen of prize Leghorna were among the first 11 In an egg-laying contest being conducted by Cornell university. The pen, he said, promised to top existing world records at the con clusion of the 13-month contest pe riod fcalx weeka away. MICKEY AND HIS MA . . By GEORGE B. HAWKINS I NUtvtMDfcNl : Crtt ir I COOVD ONP4 CPf P JOB IWt CVWE SOWt MONEVRrtlE aOWOl. OVENS USK fVWJ TOWN W frtE. EAGVE mONMtt I PttX NEVER HM NN -SPERiENCV H ' vi .VJ w . BIG BROTHER SEZ: 'Tor his lunch that h take to school with him. ha demands sand wiches made of Back's bread . . . Ha knows they'll be Just ss fresh by noon as when they were made." BECK'S You've been waiting for this pickle or olivt fork! It it designed for deep bottlea.With Knight's pro ducts' at your grocer. tiniGHT'S Pound Loaf Cake 27c Each TM dellcioui whlU cke, topped wltb choco late icing and ground walnuu, served with ice cream will bring praises from your guests. The kiddies will enjoy this cake made rich with butter and eggs. Each pound cake will be Oellophane-wrapped. Special Saturday, August 28 at Beck's Bakery or at your favorite food store. n nn nn n rn rrotherc Wll l BIG FOOD CENTER W in VJ UuU LT U UYl MAIN AND BARTLETT STsT Telephone 353 or 354 4 Free Deliveries Daily Telephone 353 or 354 THE KEY TO FOOD ECONOMY BUY AT LUMAN'S MILK 4 TALL CANS 29c Per Case 48 Tall Cans S3.45 Where Quality & Price Meet Your Approval Very tempting dlaplaye of the finest foods obtainable await you tomorrow at the Big Food Center. You v.tu enjoy trading hare and will meet many of your friends happily filling their tartlets with the many specials displayed for the day. All appreciate the fact that they are saving time aa well as money. We'll be expecting yon In SYRUP Melrose Brand 24 oz. bottle Cane and Maple 25c 0. K. SOAP . . 6 Large Bars 25c COFFEE i) S. & W. or Monarch 2 lbs. 52 Hills Bros. Blue pkg. 3 for .. 45 3 lbs. Red A Coffeo 55 Ground fresh any way you like It. IVORY SOAP 3 MEDIUM BARS 17c ONE MEDIUM DASH FREE KNIGHT'S TOMATO JUICE Seasoned Just Right 3 tall cans 25c TANG SALAD DRESSING Quart 33c Pint 21c BUY FLOUR NOW $1.55 $1.69 $1.35 MOON BRAND Montana Hard Wheat Tlour. 49 lb. saok KITCHEN QUEEN An all purpose flour. 49 lb. sack .... KLAMATH BOUQUET 49 lb. sack : : NEW CANNED GOODS PEAS AND STRING BEANS The new orop has just arrived and are they 000D 1 Now is the time to lay in a good supply at these low prices! Meco Pew, medium size tins .... 0 each Meoo String Beans, medium size tins ..10 each Meco Yellow Sweet Corn, med. siie tlns....lO(7 each Josephine Brand Tomatoes, Vi tins 10 each It's Canning Time K SUGAR 10 lbs. 100 lbs. $g.39 HONEY We have a com plete stock of the new local crop Honey at LOWEST PRICES TASTY ASSORTED COLD LUNCH MEATS FANCY YOUNG FRYERS AND HENS Salt Pork, fine for frying, lb..,.,... ...20c. Picnic Shoulder, medium size.,.,. Ib. 25c Nice Young Fryers, lb. . . . .25c Beef Short Ribs, lb.. . . 12c Leg o' Lamb, No. 1 quality, lb..,.,. . .25c Veal Loin or Rib Steaks. ; . . . . . .lb. 20c Bacon, sugar cured, med. thick, lb. 30c Prime Rib Roasts ana nm lb. 20c Fresh Side Pork ,.lb. 20c Veal Shoulder Roasts .lb. 15c Hamburger, fresh ground lb. 15c Country Style Sausage lb. 15c Shortening 3 lbs. 39c Lard, home rendered . lb. 15c Choice Beef Pot Roast. ...... lb. 15c Hens, choice young R. I. Red ...... lb. 20c SARDINES lara Oral, Tina 3 Pounds 59c 6 Pounds $1.19 FREE TICKET To Show Orlnf In your Baby Ruth Candy Bar Wrappera 4 bars 13c HEW POTATOES LOCAL 10 lbs. Potatoes. 19c 50 lbs. Potatoes .,.v.. ...... .90c LUMAN'S Bakery Specials SATURDAY ONLY BUTTERSCOTCH PEGAH ANGEL FOOD CAKE Here Is a cake which requires the utmost skill in making. A cake with a taste and flavor so entirely different and dolioious that you will remember it a long time. each 55c FRUITS Ct VEGETABLES SATURDAY ONLY Field Grown Tomatoes 3 ib. 10c Bunch Vegetables 3 for 10c Local Fresh, Tender HEW CABBAGE . . lb.2Y2c LETTUCE V 2 for 9c CCOKING APPLES . . 6 lbs. 25c CORN, fresh, tender . dozen 20c PeacheSfineforCannlng,crate69c
