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About The Evening herald. (Klamath Falls, Or.) 1906-1942 | View Entire Issue (July 1, 1940)
July i, hmo THE NEWS AND THE HERALD. KLAMATH FALLS. ORE. PAGE THREE e ManJzeii and fyUianxdal STOCKS DRIFT LOWER WHILE NEWS CLOUDY NEW YOrtK, July 1 (ID- Stocks generally drifted lower In today's market as traders liKhtrurd commitments pending clarification of war, political nd business developments. It was one of the slowest sessions In the past year or lonsrr. transfers for the five hnnr approximating only 278, 000 nlinrr. While nothing was particular ly weak, declines of fraction! to around a point or more were well distributed at the clone Modest plu signs were to be aeen here and there. Such optimism an was en gendered by the Wlllkle nomi nation last week appeared to have faded a bit. Announcement of large naval awards for war vessels helped such storks an Klcctrle Bout and N. Y. Shipbuilding, although these were far from buoyant. Prlnrlpnl laggards were V. S. Steel, tieneral Motori, Douglas Aircraft, United Aircraft, Went Inghoune, Texan Corp., Phelps Ilodi e, American Smelting, Consolidated Edison, and East man Kodak. Ralls and rub bers were narrow. lionds were mixed, with Hal Ian dollar loans weak. Adams Kxpress SI Air Reduction 19 i Alaska Juneau 41 ; Allied Stores (1 i American Can OB ; Am Kng Tile II , Am For Pow 1 1 ' Am Pow & Lt 3 i Am Had Sta San 6 ' Am Roll Mills .. 11 Am Kmelt & Ref 37 ' Am Tel tt Tel 1591 Am Tob "IV 77 i Am Water Works 81 ' Am Zinc L & S Si i Anaconda 20 Armour 111 - 41 ! i Atchison Ill ! Rait It Ohio 31 i Barnsdall 8i ; Bendlx Avla 271 Beth Steel .. 75 Boeing Alrp 131 Borden 191 Borgo-Warner 151 Budd Mfg . 31 Callahan Z L, II Calumet Ilec 81 Canadian Paclflo 3 Case (J 1) 471 Cat Tractor 441 Celanese ... 201 Cert-Teed 4 Che St Ohio 381 Chrysler 621 Col tins 4 El 61 Com'l Solvent 0 Comm'nw'lth St Sou li Consol Aircraft 191 Consul Edison 28 Consol Oil 61 Cont I Can ..... 38 Corn Products 49 Crown Zcllerbach 131 Curtis Wright 7 Doug Aircraft 87 Dupont De N 1571 Eastman Kodak 1191 El Pow St U SI Erler R R 1 General Electric 31 1 Ciencrnl Foods 411 Gen Gm & El "A" I General Motors 421 Glllctto ..... 41 Goodyear Tiro 141 Gt Nor Ry pfd 22 llccker Prod 81 Illinois Central 71 Int Harvester 431 Int Nick Can 221 Int Pap St P pfd 471 Int Tel St Tel 21 Johns Mnnville 541 Kcnnccott 251 Lib O Ford 35 Llgg Myers "B" 081 Loow's 241 Long-Bell "A" 21 Lnrlllard P 211 Montgomery Ward 381 Nash-Kclv . 41 Nafl Biscuit 19 Natl Dairy Prod 131 Nnl l Pow ft Lt 71 N Y Central Ill North Amer Co 201 Northern Pacific 8 Orlo Oil 6 Otis Steel 81 Pac Amor Pish 81 Tac Gas St El 2011 Packard Motor 31 Penney (J C) 80 Penna H R 191 Phelps Dodgo 271 Phillips Pet 311 Proctor St Gamble 621 Pressed Steel Car 0k Pub Svc N J 361 Pullman 201 Radio 41 Rayonicr 181 Rayohlor pfd 281 Rem Rand 7 Republic Steel 161 Hoynolds Tob "B" 361 Richfield Oil 74 Sufowny Stores - 41 Scars Roebuck 721 Shell Union : 81 Socouy Vacuum 81 Sou Cal Edison 261 Southern Pacific ... 81 Standard Brandt ................ 6 Standard Gas tt Kl 2 Stand Oil Calif 1HI Stand Oil Ind Tit Stand OH N J 321 Stone St Webster H Studrbakcr 01 Sunshine Mining 71 Texas Corp 871 Texas Gulf Sulphur 301 Trans-America 41 Union Carbide 88 Union Pacific 79 United Aircraft 321 United Airlines lflt United Corporation 2 United F'rult 021 United Gas Imp 12 U S Inrtuat Alcohol 171 U S Rubber 101 U S Steel 601 Vanadium 301 Walworth 31 Warner Pictures 21 Western Union 171 Westlnghouse 801 Whlto Motor 81 Woolworth 314 CHICAGO, July 1 (P) In creasing flow of new wheat to market helped to depress wheat values during most of the session today but after the lowest quota tions In ten months had been re corded prices recovered all of the loss and pushed upward to gains of almont a cent a bushel. Government flour purchases and the fact that Inrge quan tities of new wheat wcro being stored for government loans tended to support the market and when sHlnig diminished prices rallied easily. Wheat closed l ie higher than Saturday, July 74 -75c, Septem ber 751-sc 004c, September 58 571c; oats J-lc higher 1 , "I Portland Produce 27 He; second quality 2c under first or 27 He. CHEESE Selling price to Portland retailers Tillamook triplets, 20c lb.; loaf 21c lb. KOB. Price to wholesalers triplet 18c lb.; loaf 19c FOB Tillamook. EGGS Buying prices: extras InrffA l.Vlftr Ih standards 1h 1 rir-- M mntflr, corn t-ic up, Jiuy in. in parcniiii-ui wi.ij.-i, o.ju jarge 14C; extras medium 13c; In do standards l.te doz. In! COUNTRY MEATS Selling price to retailers; country killed hogs best butchers 125 quality, ,5() b, 8-8 Vic: vealers fancy PORTLAND, Or., July 1 (IT) BUTTER Prints, A grade 32c, price No. 1 grade: Leghorn broilers ltt-2 lba. 18c; fryers under 3 lbs. 15c; fryers 2 to 4 lbs. 16c; roasters over 4 lbs. 17c; Leghorn hens over 3H lbs. 12c; Leghorn hens under 3V4 lbs. 10c; colored hens over 8 lbs. 13c; colored hens 4 to 3 DEATH TOLL HIGH PORTLAND, July 1 (A' Portland's 1940 traffic death toll reached 330 25 per cent above the first half lfWH total yester day with the death of John Burr, 86, negro. in cartons; B grade parchment wrappers, cartons. BUTTERFAT First 31c 32c maximum of .8 to 1 per cent 13 ',4-14c lb.; light thin, 1012c; acidity, delivered In Portland i heavy 10-1 lc; lambs spring lBc; 20-29'c lb.; premium quality yearlings 1012c; ewes 4 6c lb.; (minimum of .35 to 1 per cent good cutter cows 10c lb.: can acidity) 30'4-31c; valley routes ner cows 9c lb.; bulls 12c lb. and country points 2c less or I LIVE POULTRY Buying DRESSED TURKEYS Sell ing prices: hens No. 1, 13 14 14 He lb.; toms 910c. ONIONS Oregon No. 1, $2.15 50 1b. bag; Yakima, SO lb. bag; new wax $1.25; red $2.00. NEW POTATOES Local $1.15 orange box. POTATOES Deschutes $2.28; Klamath Falls $2.25 cwt; local whites 99c box; Malin $2.29 cental; southern y a m l $1.40 2.80 crate. HAY Selling price to retail, ers: alfalfa No. 1, 118.80 ton) oat-vetch $13.00 ton; clover $11.00 ton; timothy Eastern Oregon $17.00-18.00 ton; valley timothy $14.00 ton, Portland. . WOOL 1940 Eastern Oregon, range 26-28 Vic; crossbred 30ei Willamette valley 12 months 35c lb. , MAKING MALTED MILK Malted milk was Invented In 1883. It Is mainly a whole milk combination, with the liquid sep arated from a mash of ground barley and wheat flour. Heated to 129 degrees F. In vacuum pans, it then Is dried, sifted and ground. SO. 8. F. LIVE8TOCK SO. SAN FRANCISCO, July 1 (AP-USDA) HOGS, salablo i 200. Around 10c higher; one load 183-200 lb. Callfornlas i $6.35, most 175-225 lb. at $8.30, sorted 235 200 lb. at $5.80, pack- . Ing sows 25c higher, bulk $4.00 4.25. CATTLE, salable 400. Fed steers absent, quoted $10.00, mostly medium grass steers; around 4 cars 1075-1232 lb. $8.50 (10, few packages to $9.00; two cars light fleshy feeders j $8.50; package short fed licit- j ers held $8.50; young cows scarce, quotable $8.38-85; me- j dium aged cows $5.75-6.25; dairy cows fully steady, two cars $4.75 5.25. small trim $3.00-4.25; bulls mostly $6.00-7.00. Calves, salable 10. Nominal; good to choice vealers quoted up to $10.50 11.00, old slaughter calves $8.50 B.50. SHEEP, salable 4800. Con sists 10 decks Oregon, 34 decks north coast, largely wooled lambs, 6 decks shorn lambs; early rounds asking fully steady, few bids weak to 15c lower; , ewes scarce, quoted mostly $1.00-3.00. WOOL MARKET BOSTON. July 1 (AP-USDA) Scattered sales were being closed today in the Boston wool market. Interest in greasy shorn wools was larcgly for fleeces. Territory wools were very slow but nominal quota tions were unchanged from last week. Most of the demand for fleeces was in country-packed lots of three-eighths and quar ter blood grades, which sold at 39-40 cents In the grease for averago bright wools. by JOHN CLINTON Always In dependence Day hag meant f inn er nek rn, pic nics, red nntt and sky rock ets to me. Al ways, that Is, till this year. And now, suddenly, none of these thing mat ten. I'm thinking of the thing we eclobrato on July 4th. Independence the right te fey what we think te de whet we wont te ewn whet we earn, nd te pursue hepplnen at we desire providing, ef course, that pursuit ef tome doesn't In terfere with our neighbors to I Invite l ny ef you 0 '' whe feel at I M de te spend JtflW en hour . reading the V Declaration rv f Independ ence, .ally read It. Soe for yourself whet yev hove In this day, when all about you million upon millions ef people hove lott everything. Then get thet chin up and be proud ef your herltege. I'd like to send you, with my compliments, a facsimile copy of this historic document. It's printed on heavy parchmont-liko paper, and looks swell when framed. It helongi on the wall (as well as In the heart) of very American. If you'll drop me a pott' card at Room 733, Union Oil ildg. Lot Angeles Til end you m free copy suitable for framing I know you'll like Its UNION OIL COMPANY piiMBBBOOMseOsseoiossOss SmmmSS jfOMOsMOHBK aeooie3i! CRUSADER TIRE Guaranteed 12 Months Unconditionally I'D 1st LINE ALL STATE Guaranteed 18 Months Unconditionally Co)37 & PREMIUM SAFETY ALL STATE Guaranteed 18 Months Unconditionally BUY YOUR TIRES AND TUBES ON SEARS EASY PAYMENT PLAN1 ALLSTATE TRUCK TIRES, 15' OFF WHOLESALE LIST. 12 MO.- GUARANTEE iEAm mncciES awe ilwwest, ipissp s mm iiiij m.m j.miiTnaiii Size List Price NePrice 4.75x19 8.30 5.17 5.00x19 8.55 5.41 5.25x19 10.15 5.78 5.50x17 1 10.60 5.98 PRICE INCLUDES YOUH OLD TIRE Size List Price NeSteprice 4.75x19 10.40 6.84 - 5.25x18 12.80 7.68 5.50x17 13.65 8.19 6.50x16 I 16.95 10.17 PRICE INCLUDES YOUR OLD TIRE Size List Price NeSt6 Price 5.50x17 15.35 9.21 6.00x16 15.75 9.45 6.50x16 19.10 11.46 7.00x16 I 21.65 12-99 PRICE INCLUDES YOUR OLD TIRE ..v 1
