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