PAGE SIX
THE NEWS AND THE HERALD, KLAMATH FALLS, OREGON
December 21, 1939
MosJzetl and QiHcuutial
STOCK
T
HADING
CONFINES
GAIN
TO FEW ISSUES
NEW YORK, Dee. 11 CP)
Stock market trader went hop
ping for further recovery bargain
today but generally confined buy
ing to carefully (elected lasue.
Business new irai mora cheer
ful than otherwise, although
peculate. force seemingly were
only moderately enthused even by
the brightest development.
Steels led a quiet forenoon ad
ranee. They soon stepped down,
however, and prices, tor the most
part, moved fractionally either
way during the remainder of the
session. Closing quotations were
well jumbled. Gain of fraction
to more than a point predomin
ated before mid-day. Tranafer
approximated 700,000 shares.
Wheat and cotton future re
bounded sharply without putting
any real vigor In the stock de
partment. American Telephone pushed In
to new high territory for the year
In the morning, but eventually
lost part of Its advance. Favored
at one time or another were U. S.
, Steel, ' Distiller Corp.-Seagrams,
Standard Oil of N. J., Public Ser
vice of N. J., Douglas Aircraft,
Eastern Airlines, Southern Rail
way and Du Pont.
Adams Express
Air Reduction .
Alaska Juneau .
Al Chem & Dye
Allied Store
American Can
Am For Power ..'
Am Power & Light ,
Am Rad SU San f
Am Roll Mill
Am Smelt ft Ret
Am Tel & Tel
Am Tob "B"
Am Water Work .
Am Zinc LIS.
Anaconda .
Armour 111 -Atchison
Barnsdall
Bait Ohio
Bendtx Avia
Beth Steel
Boeing Alrp .
Borden ..
Borge-Warner
Budd Mfg
Calif Packing
Callahan Z h
Calumet Hec .
Canadian Pacltlo .
Case (J I)
Cat Tractor ,
Celanese
Cert-Teed
Che Ohio .
Chrysler .
Col Gaa ft El
Com'l Solvent
Comm'nw'lth ft Son
Consol Aircraft
Consol Edison . ...
Consol Oil
Cont'l Can
Corn Product
Crown Zellerbach .
Curtis Wright
Doug Aircraft
Dupont De N
Eastman Kodak
El Pow ft Lt
Erie R R
General Electric
General Foods .
Gen Gas ft El "A"
General Motor
Gillette
Goodyear Tire
Gt Nor Ry pfd
Hecker Prod
Holland Furnace
Hudson Motor
Illinois Central
Insp Copper .
Int Harvester
Int Nick Can ..,
Int Pap ft P pfd
Int Tel ft Tel ...
Johns Manvllle
Kennecott
Lib O Ford
Llgg Myers "B"
Loew's .....
Long-Bell "A"
Montgomery Ward
Nash-Kelv
Nat'l Biscuit ...
Nafl Cash
Nat'l Dairy Prod
Nat'l Dlt
Nat'l Pow ft Lt
N Y Central
North Amer Co
Northern Pacific
Ohio Oil
Otl Steel
Pac Amer Fish
Pao Gas & El ..
Packard Motor
Penney (J C)
Penna R R
Phelps Dodge .
Phillip Pet
Proctor ft Gambia ,
Pressed Steel Car .
Pub Svo N J
Pullman ,
Radio
Rayon ler
8
53
CI
17S
9
112,
1
4
91
16
511
1701
84
Hi
7.
J0i
S)
13
12
61
to
821
Hi
XI
1U
51
su
11
7
.41
. 70
64
291
!
S9i
881
6
12
U
28
29
7
42
63
17
10
801
178
166
61
1
40
47
1
54
51
23
27
10
33
6
121
13i
60
361
66
31
74
381
50
1051
34
3
681
6
22
16
16
23
8
18
22
81
6
11
6
23
3
91
22
41
40
4i
14
40
3U
1
171
Dance at'
ECENO
- 8r,
Mutle By
Oregon
Hill Billies
Carload Potato Shipments
iMonth Beaon 1P80-4- Beon IPiW-Ha
II Dec. to Season Deo. to Season
Deo. H Dally Data to Data Data to Date
1 io 10 1356 31 16 1616
2 IS 36 1171 61 87 156'
1 l- 39 1174 44 131 1611
4 16 66 - 1190 11 161 3633
6 14 69 1304 45 118 . 1678
6 14 93 2318 64 151 1731
7 IS 106 1341 47 299 1779
8 16 111 1357 64 363 1831
T I 130 1366 41 196 1876
10 0 HO 1365 61 448 1928
11 li 143 1377 6 461 2931
12 19 161 3196 26 4"9 1959
11- 36 197 1431 13 604 1934
14 23 120 2455 il 52$ 3008
15 24 144 2479 19 647 3027
If 23 267 2502 11 668 1043
n 8 1'5 2510 12 580 1060
18 17 292 2527 3 6S3 3063
lf 18 310 2546 16 -699 3079
10 29 339 J574 8 607 3087
11 " U 618 3098
22 " 18 636 1116
- 2137
II ! 27 674 3154
- I
25 0 174 3164
26 3 677 3167
27 "SO 707 3187
il" " 12 729 3209
19 39 763 1243
30 44 802 1282
21 ' 40 842 3322
u) 965 3446
Month shipment by truck q
Compiled from official report by the county agent' office, Stat
Federal Inspector Rns Aubrey and The Herald and New.
Rayonler pfd
Rem Rand
Republic Steel .
Reynolds Tob "B"
Richfield Oil
Safeway Stores
Sears Roebuck
Shell Union
Socony Vacuum
Son Cal Edison
Southern Pacific
Standard Brands
Standard Gas ft El -
Stand Oil Calif
Standard Oil Ind
Stand OU N J ...
Stone ft Webster
Studebaker
Sunshine Mining -
Sup Oil
Texaa Corp . ,. .,,
Texas Gulf Sulphur
Tidewater Asso Oil
Tim ken Roll Bearing .
Trans-America
Union Carbide
Union Oil Calif
Union Pacific
United Aircraft .
United Airline .
United Corporation
United Fruit
United Gas Imp
U S Indust Alcohol
U S Rubber
U S Rubber pfd , ,
U 8 Steel
Vanadium
Walworth
Warner Picture ..
Western Union .
Westinghouse
White Motor .
Woolworth u..
28
9!
23
361
8
47
82
121
111
27
141
5
2
241
25
44
11
91
9
2
44
32
10
50
6
861
16
92
451
16
- 2
851
141
22
401
111
671
' 34
5
31
25
1161
121
38
WOOL SLOW
BOSTON, Dec. 21 (AP-USDA)
Trading in domestic wools on the.
Boston market was very slow to
day. Occasionally small lota of
fine original territory wool were
moved at $1 to 51.02, scoured
basis, for good French combing
length and at 95 to 98 cent,
scoured basis, for average to
short French combing length.
Users were reported placing some
orders for Australian wools to be
imported direct from that coun
try. . -,
WHEAT MARKET UP
AFTER PROFIT SALE
CHICAGO, Dec. 21 (P) Pre
Christmas acceptance of profits as
a result of the swift December
rise of wheat price waa only on
a small scale today, in contrast
to selling the previous two ses
sions, and' the market staged a
strong rally of 2 to 3 cents a
bushel.
Buyers reinstating wheat line
old out the past few day or cov
ering up short account dominated
most of the session despite fre
quent price reactions. Many deal
er expected the government esti
mate of winter wheat acreage and
condition, dne after the close, to
reveal extensive crop damage par
ticularly in the southwest as a re
sult of the unprecedented drought
which has not yet been relieved.
Although receding slightly from
the day' high, wheat closed 1
2 cents higher than yesterday,
December 51.09 -1.081, May
51.051-lc. Corn waa c lower to
1c higher, December 55-c, May
58-c; oat -c higher.
CRACKING WALNUTS
IS LAW VIOLATION
SALEM, Dec. 21 (P) State
Labor Commissioner Charles H.
Gram warned persons In the busi
ness of cracking and hulling wal
nut and filberts that It is Illegal
for them to aell nut to their
workers to take home to crack and
then bring the meats back to the
employer. . . .
Gram said this was a "subter
fuge" and violates the federal
wage and hour law.
There is no power great enough
to kill the Finnish spirit. HJal
mar Procope, Finnish minister to
United States.
Serve Twin Seal next
time you have a party
A thrifty "buy
DOLLAR WHEAT
016 RELIEF TO
COAST FARMS
SAN FRANCISCO, Dee. 11 (lf
uoiiar wneat ana higher In the
Chicago market haa brought a
big relief to the Paclfio roast
growers with big stock and little
market.
Slow buying from Oriental
eustomer had left unwieldy sup
plies in the Pacltlo northwest.
Prices had failed lo rise pro
portionately In the Portland mar
ket until the eastern buyer,
cared by drought report, got
paymenta up to where It would
pay to buy on the coast.
Trade reports said today there
had been a considerable volume
of flour sold on this coast lately,
and some wheat, for delivery In
the gult and aouth Atlantic area.
From Tennessee cam the re
port Paclfio coast wheat waa on
a competitive price basis In that
region. From Kansaa City came
additional reporta of some sale
there of Pacific wheat and flour,.
Wheat men here were awaiting
the government crop report today
with perhaps as much Interest
as they have shown In any crop
estimate in years. Tho official
data on the extent of the mid
west failure la much more sig
nificant, . however, In the north
west than in California.
Oregop wheat surpluses may
well be cleaned out with any
further advances In Chicago
prices, should they, be sufficient
to increase the recent buying In
the northwest. Those surpluses
nave oeen cut down, too, by sub
stantial sale to Russia. Charter
ing of several ships for delivery
of wheat to Russia showed the
iia of that movement, eatlmated
by one dealer here to bo around
100,000 tons.
Those farmers who still hold
wheat are getting remunerative
price in current markets. While
drought ha been restricting the
coast seeding!, many California
farmers are still hoping for
enough rainfall to enable them
to put In additional acreage at
me eieventn hour.
Portland
Produce
PORTLAND, Ore., Dec. 21 (ff)
BUTTER Prints. A arade. 321c
lb. in parchment wrappers, 33c
id. in cartons; B grade, 31 Jo lb.
In parchment wrapper, 3ZJc lb.
in cartons.
BUTTERFAT First quality,
maximum of .6 of l per cent acid
ity, delivered Portland, 29-30c
lb.; valley routes and country
point, 2c less, or 28c lb.; prem
ium quality, maximum of .35 of 1
per cent acidity, lc more than
first quality; second quality, 2c
less than' first quality.
EGGS Buying prices: Extra
large, 17c; standards, large, 16c;
medium extra, 13c; extras, small,
11c; atandards, small, lie.
CHEESE Selling price to Port
land retailer: Tillamook triplet,
21c lb.; loaf, 22c lb. FOB. Price
to wholesalers: Triplets, 19c lb.;
loaf, 20c lb. FOB Tillamook.
COUNTRY MEATS Selling
price to retailers: Country-killed
hogs, beat butchers, 125 to 160
lbs., 8-81c; vealers, fancy, 13-13c
lb.; llgbt-thln, 9-1 lc lb.; heavy,
9-10c lb.; spring lambs, 14-15c
lb.; yearling's, ( ) lb.; ewes, 4-7c
lb.; good cutter cows, 7e lb.; can
ner cows, 6c lb.; bulls, 9-9 ic lb.
LIVE POULTRY Nominal
buying prices: Leghorn broiler,
1-1 J lbs., 15c lb.; do 2 lbs., 16c;
fryer, nnder 3 lbs., 13c; do 3 to 4
lbs., 12c; roasters, over 4 lbs.,
13c; colored hens to 4 lbs., 121c
lb.; do over 4 lbs., 13o lb.; Leg
horn hens, .under 8 lbs., 8c lb.;
over 3 lbs., 8)c lb.; No. 2 grade,
6c less.
TURKEYS Selling price:
Hen, 20-21c lb.; torn 15-17c lb.
Buying prices: No. 1 hens, 18c lb.;
toms, 15c lb.
ONIONS Oregon, 46-60c; Ya
kima, 36-40c sack.
POTATOES Yakima gem,
11.60-1.65; Deschutes, 31.65-1.70;
Klamath, 31.60 cwt.; local whites.
rt ninny wuy fJ V 7
it's rich and hearty! Wm j)&
It's a smart buy this rich-tasting
Twin Seal Rye. You'll like
it because it's a fine, full-flavored
whiskey made by Hiram
.Walker in the world's largest
distillery. Serve Twin Seal
next time you entertain f riends.
They'll all go for the smooth,
mellow flavor of thrifty Twin
Seal. Ask for it today!
sub ,Mmym TVJIM
9n" Straight Ryt Whlik.y JJTL
5Jf Him- fr&2
80-860 box) BcippooM Hurbauks,
11.15 eental.
HAY Selling price to retailer;
Alfalfa, No. 1. (16.00 ton; ont
vetoh, (11. 00 ton; clover, 311.00
ton; Timothy, uualurn Oregon,
818.00 ton; valley Timothy,
113.00-14.00 Ion, Portland,
WOOL Eastern Oregon, flue,
11-160 lb. j crossed, .18-19o lb.;
Willamette valley, 12-month, lOo
lb.; In in b, 10a lb.
84). 8. K. IitVKHTOCK
60. 8AN FRANCISCO. Deo. 11
(AP-USDA) HOGS, salable 50;
light supply of butchers sold 20
16e higher; good to choice 105
116 lbs. 16.25-75; odd heavies
$5.60; packing sows 34.60-5.00.
CATTLE, salable 100; calves
10; all classes scarce, steer weak;
atrlctly good under 1000 lb. fed
ateera quotod up to 39.60; me
dium grade steers eligible down
toj $8.00; heifers steady, moil hi in
to good $8.10; low grade cowa
weak, Wednesday's strength large
ly erased; few ranner to common
cow $3.60-5.15; medium to good
beet cow quoted $5.60-6.60;
bull absent, quotod $6.60 down.
Calve unchanged; few good vent
er $11.00, medium grades $8.60
9.60. SHEEP, salnble 125; supply
limited to 2 decks mixed weight
Idaho woolcd lambs; nothing
done early, asking around steady;
good to choice wooled lambs 90
lbs. down quoted $8.76-9.00.
EX-UNION HEAD
OF PORTLAND SENT
BACK TO SCOTLAND
PORTLAND. Ore.. Doc. 11 (P)
Roy Norene, dlvlslonnl Immigra
tion director, said today James
It. Scott, former Portland Inbor
union official, had been released
from the Washington Stato peni
tentiary and deported to Scot
land. Scott sailed from Now York
December 9. Norene waa Informed
by Spokano Immigration officials.
The former union official,
sentenced last April, was given a
aentenco from eight months to
five years for an attempted bomb
ing of a beer truck at Stevenson,
Wash.
WINTER 1EA
I
ESTIMATE LOW
FDR 14 YEARS
WASHINGTON. Dec. 11 (Of
The agricultural department to
day forecast 1940' whiter wheat
production al 399,000.000 bush
la. Became of the severe drought,
It waa the smallest Indicated
yield since 1926.
Production waa 560,710,000
buahela this year. 686,037,000
bushel In 1938, and averaged
660,100,000 bushels tor lb ten
year. 1938-37.
The Indicated production for
next year, the crop reporting
hoard md, Is bnsod on tho past
relationship boiween De. 1 con
dition and yield per seeded acre,
with some allowance fur the
probable effect of weather con-
.fltli.t.a i4,.- Ik.
and tall. The weather bureau
haa reportod the past fall the
"driest of record.''
The area seeded to winter
wheat this fall Is 46,014,000
acres, compared with 46,364,000
last year, 68.539,000 two years
ago, and 46,906,000, the aver
ago for tho ten years 1937-36.
The condition of tho crop on
Dec. 1 was (5 per cent of a
normal, compared with 73 a year
ago, 76 two year ago, and 80,
the average tor tho ten yoars
1927-38.
Rye wa seeded on 5,640,000
acres this fall, the board re
ported, compared with 7,187.000
acres In the fall ot 1938. 6.716.
000 two years ago, and 6,937,
000 acrea tho 1937-36 average
acreago. The condition of rye
on Dec. 1 was 64 per cent ot a
normal, comparod with 76 a year
ago, 74 two yeara ago. and 79,
the 1927-36 average.
The acreage sown to winter
wheal thla fall and tho condition
sT WTnn 4 1 srr $
23 1 4 S. 6th St. Phon 303
ft' J
S Can Supply You
f With the Finest Gifts In :
' . Imported and IloiueNtle Wines fl
at the orop on Deo. 1, by stale,
war reported a follows:
South Dakota area 180,000
acre and condition 81 per cent
ot norninl; Oltlnluinm 5,004,000
anil 34; Texas 4,164,000 and 47:
Molilalia 1,350,000 ami 70: Col
orado 1,840,000 And 38; Wash
ington 1,100,000 and 60; Oregon
06.1,000 and 64; California 833,
000 and 79.
HPUDH PAY KIND
PORTLAND, Ore., Deo, tl (U,M
Rome hungry family will be glad
on Christmas day that Joe 10,
Wiilmnr of Vancouver, was ar
rested fur speeding III Portland,
Today Municipal JmlKo Jiillm
Colin allowed Wnlinor to pay hit
$10 ticket with flvn sack ot po.
taloes whli'h word turn nil over la
the police diiiirliinii!'s Hinmlillis
division.
Truly, warm friend In cold wtathtrl
Lot that chilly feeling... drink BliU
Welnhard all winter long) Reiptct your
prafaranco lor beer In bottle or on
draught, but whlchtvtr It may b . . .
QUAMNTCC YOURSti' this fimou bf
by ipeclfvlng . . . Blltz-Welnhardl
VW CI GUARANTEED J
ry satisfying &g
nil- f i Jfitj or your money back ff
l I I'J fifiUt t t tami at tk 41
Distributed by Westorn Wholesaler, Inc.
m
f in,llf Ml rMliH lu taHII MiMltt
on?
UktrtBW
fimm
Thank you. So say all the thousands
of families of the Standard Oil Com
pany of California. May your holidays bo
joyous! May the coming year bring you
much happiness! And may we con
tinue to serve you in every good way !