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About The Evening herald. (Klamath Falls, Or.) 1906-1942 | View Entire Issue (Jan. 18, 1941)
January 18, 1941 THE NEWS AND THE HERALD, KLAMATH FALLS, ORE. PAGE THIRTEEN 1 ManJzeti and UtOHcial NEGLECT RULES STOCK IRKET SHDR T SESSION NEW YOI1K, Jtin. 18 P) A few itocla, rails and alrrrufU ' achieved mild popularity In to- day'a brief slock market but many Issues continued to Buffer from nt'Klect. Some buying clime In un the Idea that the lint, after six sue cejialvo sessions In which no pro 11 rem had been made on nvmiKi wai entitled to a moderato come back . While selling wa litfht throughout the two-hour pro cccdlnK'. blddlni waa efiuully Jiinlmpreiiilve. The turnover of Vwirpund 280,000 shnrt-s wnn one of the amallvat In about two montha. Stocka up fractlona to a point or ao at one time or anothrr Included U. S. Steel, Ilcthlehem, Younuatown Sheet, Santa Ke, Great Norlhorn, Wcatlnghouae, General Electric, Johna-Manvllle, U. S. Qypsum, Bendlx, Consoli dated Edlaon, Chryaler, Generul Motora, and Goodyear. Standard Oil of N. J. backed down from the price of 34 i at . which 800,000 aharea recently were aold "over-the-counter." Bonda and commodltlca were fairly ateady. Air Reduction 41 a Al Chem St Dye 1HU American Can 33 & Allli-Chelmera 00 Am Car St Fdy 20a Am Rad Sta San 64 Am Roll Mill . 14 Am Smelt St Ref 424 Am Tel tt Tel 1871 Am Tob "B" 73 Am Water Worka 61 Am Zinc h St 8 7 Anaconda 23 a Armour III 4i Atchison 221 Aviation Corp 41 Bald Loco 17 Bendlx Avla 36 Beth Steel .. 84 i Boeing Airp 161 Borden 101 Horge-Warner v... IBs v Calif Packing 18i Callahan Z L It Calumet llec 61 Canada Dry ..... 131 Canadian Pacific 4 Cat Tractor 48 Celanea 27 Chea St Ohio 421 Chryaler 08 1 Col Gas tt El 41 Com'l Solventa 101 Comm'nw'lth tt Sou I Consol Aircraft 2Di Consol Edison 221 Consol Oil 91 Cont'l Can 371 Com Products 46 Crown Zellerbach 14s Curtlss Wright 9 Doug Aircraft ....... 73 Dupont Do N ...138i El Pow tt Lt 4 General Electric ,141 Goneral Foods 3Bi General Motors . 434 Goodrich 131 V Goodyear Tire loi Cjt Nor Ry pfd 271 Greyhound ,... 11 J Illinois Central 71 Ihsp Copper 12 Int Harvester . Oil Int Nick Can 23 i Int Tel tt Tel 2 a Johns Manvllla .................. 61 Kennecott 34 Lib O Ford 40J Lockheed 26 i Loew's 32 Long-Bell "A" 31 Montgomery Ward 371 Nash-Kelv 41 Nat'l Biscuit 171 Nat'l Dairy Prod 134 Nafl Dlst 231 Carload Potato Shipments Day of Month Jan. 10 TT 13 14 13 7r 17 19 2r 21 22 23 24 23 28 "vT 29 3cT 31 Season 1940-41 aa aaaaa. aaaaaaaaaaaaaaaaa Jan. to Season Dully Data to Data T T 4388 37 4l "442B 20 67 44S1 40" 110 4S00 9 liT" 4806 47 169 4883 B8 227 4611 87 288 4669 bT 344 4728 87 401 4788 60 401 4843 T" iT 4849 97 832 4916 83 888 4969 49 634 8018 80 684 S068 owdLMMkaaB Season 1039-40 Daily 41 46 40 30 49 44 63 84 23 48 38 40 33 30 28 10 22 21 19 22 zT 24 19 25 Jan. to Data 33 74 118 "7eT 207 237 280 330 383 801 893 870 624 639" 099 732 760 790 806 828 849 868 890 910 930 974 Season to Data 2049 2977 3010 3037 3103 3149 3179 3228 3272 3329 3379 3443 T49T 3818 3366 llBOl" 3641 3674 3710 3738 3748 3770 3791 3810 3832 3832 l873 l892 c TRENDS 3916 3933 3960 Month Shipments by Truck Grand Totals 1234 4196 National Lead N Y Central No Am Aviation North Amer Co Northern Pacific Ohio Oil Otis Steel Pac Gas & El ...... .. Packard Motor Pan Amer Airways Paramount Pic Penney (J C) Penna II R Phillips Pet Proctor St Gambia ....... Pub Svc N J Pullman ... Radio Republic Steel .. Richfield Oil Sears Roebuck Shell Union ....... Socony Vacuum Sou Cal Edlaon Southern Pacific Spcrry Corp .. Standard Brands Stand Oil Calif Stand Oil Ind ....... Stand Oil N J Studebaker Sunshine Mining Texas Corp ...... Trans-America . Union Carbide ........ Union Oil Calif Union Pacific United Airlines .... United Aircraft United Corporation ... United Drug United Fruit ...... U S Rubber , U S Rubber pfd ..... U S Steel Vanadium Warner Pictures ............ Western Union .............. Wcstinghouaa Woolworth .. 17 ..- 144 .. 164 .... 164 ... 7 .... 74 .... 91 .... 284 34 .. 144 104 .. 831 .... 231 . 371 874 281 .. 264 ... 41 ... 204 ... 81 .. 77 11 .- 81 ... 27 ... 94 ... 361 ... 61 194 ... 364 ... 34 ... 71 ... 81 ... 371 . 41 70 .- 131 82 ... 181 411 . II . 44 . 89 221 . 894 031 . 321 . 34 ... 214 ...1021 ...33 THIS MAN WANTED REAL PRIVACY SAN FRANCISCO, Jan. 18 (UP) H. W. Rohl of Los An geles Thursday chartered a 21-passcnger United Airlincs sleeper transport plane for a trip from San Francisco to Los Angeles. The regular fare Is $18.93 for the one-way flight, but Rohl's desire for privacy cost him $461.40. He recently bought out a Los Angeles Washington plane so he could have it to himself. E TO BE VIEWED IT KPCA MEET The big question In the farm er's mind price trends and out look for the coming year will be authoritatively discussed by a leading expert at the annual meeting of the Klamath Produc tion Credit association to be held here next Saturday, January 23. Dr. Orlo II. Maunhan, director of research and statiaticlan for the 12th district of the farm credit administration will be the speaker who delves Into future price trends. He is one of a num ber of outstanding men to be pn-sent at a meeting expected to attract 350 farmers and stock men and their wives from Klam ath, Lake, Modoc and Siskiyou counties. The meeting will start at 10 a. m. In the American Legion hall just back of the canrihnn. At noon adjournment will be taken to the Willard hotel for free lunch and entertainment. Figures presented in th fin. anclal report for the past year win again run into the millions. In 1040, the association lent 2 . 023.033.19 amort? il 2fli .inr.i,. holders. Indicative of the heulthy renavmcnt aclivitv nl it. members, the books of the or ganization showed at year's end only $867,171.40 in outstanding loans, whereas on December 31, 1930, the comparable figure was $932,341. Since it beifan 1934, KPCA has loaned $12. 164.000 to farmers and stockmen of this area. CharerH off tho books is an infinitesimal amount. At the coming meeting, one director will be elected. The term of William Kittridge as board member expires this year. Members of the board are Kittridge, E. M. Hammond. Lee Holliday, E. A. Geary, A. R. Campbell, Ned Sherlock and William Lane. Kittridge has served as president and Ham mond as vice president since the KPCA started. I The dav is in h n.nr.,.j I "farmer s day" in Klamath Falls ana guest car stickers are to be given the visitors at the meeting to exempt them from parking restrictions. This is being done through the courtesy of Mayor John Houston and Police Chief Frank Hamm. . ZtaVm. - i J TIN HATS FOR PEACE, NOT WA R-Constrnetlen workers at Nlsrara Falls. N. Y.. are wearlnx tin helmets now as protection atalnat possible fallinr hot rivets, needed In building the new S3.S00.000 International bridse between U.S. and Canada. This span will replace the old "hone, moon brldre" wrecked by Ice in 1938. Men are preparing to lay first steel arch on U.S. side. It is claimed that approxi mately one-half the motorists In the United States have incomes of less than $30 a week. PEAK FOR OREGON CORVALLIS, Jan. 18 Ifl -Mid-January hog prices mounted to the highest level since Sep tember, 1 938, agricultural ex tension service figures showed today. In a 10-day period prices rose $1.60, reaching a top at Portland of $9.50 despite fairly large local receipts, and advancing to $0 at Chicago. H. H. White, associate econo mist, credited the advance to increased consumer buying power, together with decreased marketings since the holidays and prospects of further de creases in the next few months. Late 19,40 hog prices dropped to exceptionally low levels after market supplies mounted. Fed erally inspected slaughterings in 1940 amounted to 50,400,000 head, an increase of 22 per cent over 1939 anJ 40 per cent over 1938. White said producers were en couraged to increase numbers by the fairly favorable corn - hog ratio in 1938 and 1939. The 1939 pig crop, mostly marketed in 1940, was 20 per cent larger than that of 1938. A reverse trend is now in sight since the low hog prices influenced producers to reduce the 1940 pig crop 10 per cent below that of 1939. That condi tion indicates smaller market ings through 1941, White concluded. South S. F. Livestock SOUTH SAN FRANCISCO, Jan. 18 (AP) (Fed-State Mkt. News) HOGS: For five days: Salable 2700; for week: Butcher mid-week advance lost, general ly steady, closing top on bulk 185-225 lb. California $8-75. Week's bulk hogs $8.75-9.00, ex treme mid-week top Oregons $9.15; bulk packing sows $6.00 50. Today: Salable: None. CATTLE: For live days: Sal able 1123;' for week: Steers steady to 25c higher, week' top fed 958 lbs. aiter 4 per cent shrink $10.75, bulk $10.25-60, all weight medium $9.75-10.00; she stock 25-40c higher, package range 1086 lb. cows $8.25, smooth over 1100 lb. Holsteins $7.00-35; cutters $6.00-75, can ners $5.50-6.00; bulls largely nominally $7.25 down, odd head quoted $8.00; today: Salable: None. CALVES: For five days: Sal able 43, mostly strong, few veal- CHICAGO, Jan. 18 (IF) Wheat prices drifted fractionally lower today under pressure of a few sales inspired by late easi ness of securities and failure of flour demand or outside invest ment interest to expand. Grain belt moisture also was a de pressing factor. Exporters reported Canadian flour sales to the United King dom were equivalent to about 1,000,000 bushels of wheat but this, as well as indications the blockade was being relaxed with respect to wheat shipments to Spain, attracted little attention. Wheat closed unchanged to 4c lower compared with yesterday. May 86lc, July 814-lc; corn i-lc down. May 63i-lc, July 631c; oats unchanged. era $11.30-12.50, odd slaughter calves $9.50-10.50. SHEEP: For five days: Salable 2300; for week: Lambs 25-50c higher, woo led ewes 25c higher, package wooled lambs $10.00, deck good to choice 74 lbs. at $9.75, medium to good $8.35 9.00; good 123 lb. ewes $4.60, quoted $4.75; salable none. CRATER LAKE PARK "flnnwinf harrf11 waft thm . '' lv iw.wrmj 0tuiujr morninsj from Crater Lak national park by Don C. Fisher In charge of the local park offices. A light .... .11. ...1 J L.t J . M BuuuiwcBt wiiiu yvmm oiowini ina a maximum temperature of 10 degrees and minimum of U was reported. All roads are open Into tha park but chains are required. Snowplows are working hard to .I.. .1 J 1 ww ma lunus iur ncavy wns' end traffic and motorists are ad vised at times they will run Into ' snow on the roads and are asked to exercise a great deal of cau-' tion in order to avoid accidents. Eight inches of new snow fell ' at government headquarters -bringing the total of 106 Inches, and 110 at the rim. Skiing waa' reported "fair" with a 10-Inch1 soft, powdery snow on the crust. WEYERHAEUSER CREDIT UNION VOTES DIVIDEND ; At their fifth annual mi the Weyerhaeuser Credit union voiea a 0 per cent dividend on shares, filled all vacancies on the managing staff, and set up a fund for educational purposes. The reports showed a gain ef 124 membm riurinff tha vaar with $48,483.92 paid in on shares and an Increase of sav ings during the year of $12r 280.38. 784 loans were made totalling' $77,153.89. At the close of the business session, credit union president, P. M. KnnHv innmmMil that. ' the Weyerhaeuser management-; nao proviaea a juncn lor trie members which wu rcaHv ta be served by the hotel staff. ' "THIEF OF BAGDAD" Veil-' can, Wednesday. .. . Friendly Helpfulness to every ear mad driver. Os excelled claim aarrke. Are yon adequately protect? . . OAIX TOD AT 0. E. PEARCi ; DISTRICT BUUUSU . SM St. 7t Ptaat MSB fa aim) anraaoaiu inw-ianiMMCi "THIEF OF BAGDAD". can, Wadnaaday. 'Pell-1 POTATOES CHICAGO, Jan. 18 (AP-USDA) Potatoes 122; on track 385; total US shipments 058; supplies heavy; demand light; northern stock all varieties slightly weak er; offering other sections dull; old stock sacked per cwt. Idaho Russet Burbanka, US No. 1, $1.40-33; Nebraska Bliss Tri umphs, US No. 1. $1.40-30; Min nesota and North Dakota cob blers 75 per cent or more US 1. 921c-$1.02s; Early Ohio 80 per cent US No. 1, 81.00; Bliss Tri umphs 75 per cent or more US 1, .90 (1.271; new stock Florida bushel crate Bliss Triumphs US 1, $1.80-65 per crate. The most productive oil wells, on the average, are in Louisiana, California, New Mexico, Michi gan and Arkansas, in that order. In a recently conducted poll, 00 per cent of the persons ques tioned preferred to have men driving their cars rather than women. Spuiyaiyilll jTllinil I !' 1,1,1 aaaaaaaaaBaaaaaaaaaaByV'wlj, IT MAY LOOK GOOD! But What Kind ef a Taste Did It Laavo In Your Mouth? SOME INVESTMENTS LOOK GOOD, TOO But Their Experience May Have Been Financially DIstaitefull HlUled EauitUfl Give You Safety All the Wayl Your Savings Dollar Is Insured by an Agency of the U. S. Governmentl BIGGER RETURNS: Your Savings Dollar Si Working 24 Hours a Day . Where You Can Watch It Growl FIRSTFEDERAL SAVINGS AND I.OAN ASSOCIATION OP KLAMATH PALLS Member Federal Savings and lead Insurance Corporation Sixth at Mai" DM Sl5 THBRB'S a new word spreading through the .vocabularies of oar owners who have made firsthand acquaintances with this slick new 1941 Buick. It's a word we first picked out as an apt description of a new and better engine but it is rapidly coming to mean a com pletely new and excitingly pleasurable manner of motorcar travel. AH over the country, "to fireball" now means to enjoy both ease and dispatch in your travel by car with a very special new manner of thrift. Not the ordinary, scrimpy, self-denying sort of thrift, but thrift with all the thrills Uft in! Now, just why that happens is easy to understand. Optlonil rqulpment on the Buick SriciAt, standard on all othtr serin. Reenforced by Compound Carburetion this FIREBALL eight develops nearly 17 more horsepower on exactly the same fuel rationing. With all that power on call, we can use a more economical gearratioes our standard high gear a ratio that ups miles per gallon by giving more revolutions of the wheels for every revolution of the engine. Then, in addition, we have in Compound Carburetion a fuel supply system that adjusts itself according to the driving conditions you meet. Thus your engine is always getting the ut most benefit out of the least amount of gaso line that will give the performance you want. And that spells economy.. So much economy that a man who drives 15,000 miles a year gets as much as 2,000 miles' extra driving on the same amount of fuel. And that, Buick buy ers will tell you, is something very much worth looking into through a free dem onstration such as any Buick dealer will gladly give. Or MNMAl MOTORI VAlUt BUICK MICIS ' BIOIN AT - forth lustness Coup iilivtrti tt Flint, Mich. Stati U, -titnal iquipmtni and aettssiriti txtra. Prico luijtcl tt thanit withtut ntlict. ' 1330 MAIN H, HAU.G EM PHONI Sill WHEN BETTER AUTOMOBILES ARE. BUILT BUICK WILL BUILD THEM i