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About The Evening herald. (Klamath Falls, Or.) 1906-1942 | View Entire Issue (Jan. 21, 1941)
THE NEWS AND THE HERALD, KLAMATH FALLS, ORE. 21, 1947 January PAGE EIGHT . 4. a 9C 51. .4. 5 ST- -! V . a ' f . r! Mcfrketi and fymancicd STOCK MARKET RALLY FADES, GAINS ERASED NEW YORK, Jan. 21 (JPI An early stock market rally, touch- ad oft by renewed strength in rails, faded In the latter part of today'i proceedings and gains running to a point or more were substantially reduced or trans formed into losses of as much. Prices were at the best in the forenoon. i Motors, lower throughout. weakened quickly and steels, trailing with the carriers in the morning, soon slipped into the minus column. A little bidding appeared in the final hour and dosing quotations were above the lows in many instances. Transfers were around 600,- 000 shares compared with yes terday's turnover of 377,000, smallest since October 21. Main market drawbacks, brokers said, included possible actual entry of this country in the European war, taxation prob lems, likelihood of extensive ad ministration controls of indus try, and possibility of a con gressional battle over the lend lease bill acting as a deterrent to rearmament Air Reduction " 408 Alaska Juneau S Al Chera & Dye 156 American Can Allis-Chalmers Am Car & Fdy . Am Bad Sta San Am RoU Mills Am Smelt It Ref Am Tel & Tel Am Tob "B" Am Water Works Am Zinc L & S .. Anaconda Armour 111 Atchison Aviation Corp Bald Loco Bendix Avia Beth Steel Boeing Airp Borden 33 91J 281 68 - 131 .. 411 166J 72 68 . 71 ..: 241 s 23 43 168 358 831 168 191 Borge-Warner Calif Packing Callahan Z L Calumet Hec Canada Dry Canadian Pacific ..... Cat Tractor Celanese Ches Se Ohio Chrysler .. Col Gas & El ... Com'l Solvents - Comm'nw'lth & Sou . Consol Aircraft Consol Edison .. Consol Oil Cont'l Can Corn Products Crown Zellerbach Curliss Wright Doug Aircraft Dupont De N Eastman Kodak El Pow & Lt General Electric General Foods General Motors Goodrich Goodyear Tire Gt Nor Ry pfd Greyhound Illinois Central Insp Copper Int Harvester Int Nick Can Int Pap & P pfd Int Tel & Tel Johns Manville Kennecott Lib O Ford Lockheed Loew's Montgomery Ward Nash-Kelv Nat'l Biscuit Nat'l Dairy Prod Nat'l Dist National Lead N Y Central No Am Aviation North Amer Co Northern Pacific Ohio Oil Otis Steel Pac Amer Fish Pas Gas & El Packard Motor Pan Amer Airways Paramount Pic Penney (J C) Penna R R Phelps Dodge Phillips Pet Proctor & Gamble Pub Svc N J Pullman Radio Rayonier Republic Steel Richfield Oil . 8! Safeway Stores 421 Sears Roebuck 751 Shell Union 101 Socony Vacuum 81 Sou Cal Edison 27 Southern Pacific 91 Sperry Corp 36 Standard Brands ................ 61 Stand Oil Calif 181 Stand Oil Ind 27 Stand Oil N J 331 Stone & Wabster 71 Studcbaker . 71 Sunshine Mining 8i Texas Corp ..... . 368 Trans-America 48 Union Carbide 69 Union Oil Calif 14 Union Pacific .. 811 United Airlines 148 United Aircraft 411 United Corporation 11 United Drug 41 United Fruit 681 U S Rubber 221 U S Rubber pfd 88 U S Steel 651 Vanadium 311 Warner Pictures ..... 3i Western Union 211 Westinghouse 100 Woolworth 321 CHICAGO, Jan. 21 (Jp) Weak ness in wheat futures at times today pushed prices down as much as a cent a bushel below the previoiLs close to the lowest levels in three weeks. Some resting orders to buy checked the decline at times but com mission houses were more ag gressive on the selling side. There were no important news developments to account for the break but holders apparently dis couraged by the lack of rallying power of the market decided to let go of their lines and await developments. The close for all deliveries of wheat and corn was fractionally above the lows for the day. Wheat futures closed I to cent lower than Monday's final prices. May 851-lc, July 79i-80c; corn was -lc off. May 623-lc, July 621c; and oats 1-lc lower. Try the Classified Ads. Carload Potato Shipments D&y of Month Season 1940-41 Season 1939-40 Jan. to Season Jan. to Seaso Jan. Dally Data to Date DalJy Data toDate 1 4 4 4388 7 7 2949 3 37 41 4423 28 35 2977 ' 26 67 4481 ii 74 3016 ' 4 4 " 4800 4T XlF" "3057 5 6 122 4506 48 m 3i03 ij 47 169 4553 "ZjfT" 207 3140 7 88 227 4611-' 237 3170 8 87 283 4669 322S 9 58 344 4728 44 330 3272 10 87 401 4783 S3 383 ' 3325 11 80 461 4845 oT 437 3379 12 4" 463 4849 64 501 3443 13 67 832 4916 52 533 3493 ' 14 . 53 585 4969 23 576 3318 15 49 634 5018 48 624 3566 18 50 684 5068 35 659 3601 17 46 730 5114 40 609 3641 18 36 766 8150 33 732 3674 19 8 774 8138 36 768 3710 20 63 837 5221 28 796 3738 21 10 806 3748 22 22 828 3770 23 21 849 3791 24 19 868 3810 25 23 890 3832 26 20 910 3852 27 2l 931 3873 28 19 950 3892 " 29 24 974 3916 ' 30 HT 993 3933 31 " 23 1018 3960 Month Shipments by Truck 236 Grand Totals 1254 4198 8. F. LIVESTOCK SOUTH SAN FRANCISCO, Jan. 21 (P) . (Fed.-State Mkt. News) Hogs: salable 300; fully steady; bulk 185-225 lb. Cali fornia $8.90; fow heavies $8.40; packing sows $6.80 down. Cattle: salable 100; ateers 10 15c higher; two cars 1170 lb. fed northern California! $10.80, load medium 1030 lb, $10.00 sorted four head at $9.00; me dium to good she-stock firm. YcsterdHy, load-lots heifers $9.00-80; range cows $7.75 8.10. Today, dairy cows fully steady; few $7.25; most canners and cutters $5.00-8.75; odd bulls strong, $7.00-50. Calves: salable none; nominal; odd good to choice vealors $12.00-78. Sheep: salable 200; around 25-50c higher: deck medium pelt 97 lb. lambs $10; package 100 lb. $9.75, sorted 10 hoad at $9.00; package 121 lb. ewes $3.25. WOOL MARKET BOSTON. Jan. 21 (APUSDA) Fine delaine bright fleece wool was receiving a little Interest in Boston today. Business was reported to have been transact ed at a price within the range of 42 to 44 cents, In the grease. rew mills, however, were In terested in these wools. South American wools of fine and half-blood grade were quite ac tive at firm prices. Olen e tr. a better idea. A better idea plus the means of spreading it. And in that last phrase you have the whole secret of our protection against finding ourselves with rings Ring Throu Your Nose gl 1 I NOIMAN CHANDUB By NORMAN CHANDLER Chairman, Nawipopar PuUiihtn CammtHea 'TTHERE'S something repugnant to me in the kind of leadership which makes you follow. I'd ratherhavethekindwhich inspires a following. In America, to eet a fol- , lowing a man must convince a group of people that his plan is good. Moreover, he must keep them con vinced, because others, with differ- tnt plans, are forever coming along, . asking for and getting a hearing. - As a result of this American way we manage to stop short of the dic tatorship and absolutism by which Hitler,. Mussolini, Stalin enforce their leadership. ;. We' even avoid business monop oly the same way. A metal concern, . - controlling its entire field, suddenly, .finds its business gone out the win 'dow to a plastics maker who has through our noses. There is a means, in America, of spreading news. Let a public servant, no matter how sincere, be bested by a rank outsider with a better plan and the newspapers of America will tell you of it. The incumbent officeholder may want to stay in power. He may want to throttle his challenger, but he can't keep the news of the other fellow's plan from you! Or let a self-satisfied manufac turer decide that you'll buy his brand and like it. A newcomer has the advertising columns of the newspapers open to him. If the newcomer's goods will stand the spotlight of comparison, the smug gentleman will soon hunt for a way to match or beat his rival to your advantage. new Portland Produce PORTLAND. Jan. SI AP BITTER: Prill U, A grade. 33VjC lb. In fidfcrmirfit wrapper. Si1?: Itt cartons: B grade KHe in parcameDb wrappers, &Sc In carton. BLTTEKFAT: Ftnt quality, mailmura .0 of 1 pr cent acidity, delivered. Port land. lb.; premium quality, mail- mum o JSi of 1 per ent arid It ) S3-33 4C lb. ; routes and country poiuu, fe lei ; second quality, S cents under first. CHEESE: Selling price to Portland re tailers. Tillamook triplets. Sic lb. : loaf. tic lb; triplets to wholesalers, 19c lb.; oaf. Kc lb. f.o.b. TillamooK. EGGS: Prices to producers: A larg I9e: B. grade 19c: A medium, 19c; B medium 16c doien, resale to retailers, higher for case, cartons 6c niftier. COUNTRY MEATS: Selling prices to retailers, country killed hogs, beit butchers, 125-HO lbs.. 11-11 c; vealers, fancy. lL-17c: Hzht thin. lM4e: heavy ll-13c; lambs, old crop 16 H -17c; 1941 iprlng. 80c lb.; ewes i-9c; good cutter cows, nc id.; can of r cows, 10c lb.; bulls, 12-12 Vic LIVE POULTRY: Buying prices. No. 1 grade- Leghorn broilers, I Si to S lbs., 13c; fryers, under S Ihi., 13c; springers, 2 H to 4 lbs., lsc; roasters, orer 4 iu., ix; Leihorn hens, over 34 lbs., 13c; Leghorn hens, under S'4 lbs.. ll-13c; colored hen. over S lbs.. lMOc; hens 4 to ft lbs., 14c; old roosters 6c lb. DRESSED TURRETS: Nominal buying prices, new crop bens, lS-lbVc torn. 14 He lb. DRESSED TURKEYS: Nominal telling price, hens 18-IOc; toma, 17-lSc lb. umuas: uregon uanvera. bi.iu-zo: iaano large Spanish 10-26 sack. POTATOES: Deschutes No. 1. SIOO-IO; elected Deschutes brand, $1.35; Yakima, il.00-05 cwt.; Klamath. SI. 10-20 cental; elected Klamath (1.25-35; local No. l's. f J. 00 cental. AY: Selling price- on track, alfalfa. No. 1 $14. M ton; oat-vetch, 910.00 too; clove.-, 910.00 ton; timothy, eastern Oregon 917.00 ton. wool: 1940. eastern Oregon range, ao-Mc: cross bred 34 -35c. POTATOES SAN FRANCISCO, Jan. 21 (AP-USDA) Potatoes: 8 Call fomia, 9 Oregon, 1 Texas ar rived, 18 unbroken, 19 broken cars on track; market dull; Ore gon, Klamath district Russets No. 1 light soil $1.05-1.10, oc casional car $1.15; dark soil $.85-1.00; No. 2s, 55-65c. Nobody likes to be bothered but it's nicer than being to tally ignored.. LOS ANGELES, Jan. 21 (AP USDA) Potatoes: 8 California 8 Idaho, 3 Oregon arrived, 50 unbroken, 30 broken cars on track; by truck 8 California, 4 Idaho, 2 Nevada, 3 Utah ar rived; market dull; Oregon. Klamath district Russets No. 1 light soil $1.22 U 1.25; No. 2s, 75c. CHICAGO POTATOES CHICAGO, Jan. 21 (AP-USDA) Potatoes, arrivals 111; on track 488; total US shipments 548; supplies for old stock heavy; demand very light; market dull; Idaho Russet Burbanks US No. 1, $1.45-60; new stock, supplies light; demand very light; market slightly stronger; Florida bushel crate Bliss Triumphs US No. 1, $1.75 per crate. That practice In jumping over bayonets that the Italian big shots used to get must come in handy in Albania. Record number of autos sold in 1940 but it doesn't seem to have made any more room in the street cars. OLENE Mrs. Harry Pointer left Thursday for her home in Yakima, Wash. She has been visiting with her parents, Mr. and Mrs. C. M. Kelley for a few days. Harriett Bruner who wu rm ployed in Klamath Falls re turned home Wednesday. nir. and Mrs. A. L. Marshall were shoppers In Klamath Falls Friday afternoon. Shirley Overson from Simla Way was a weekend visitor in Olene. Mr. and Mrs. W. K. Scholtcn and family have moved to Klam ath Falls. Arleen Swain of Poe valley has been a house guest at the home of Mr., and Mrs. Jack Odom the last week. She is recovering from the chicken pox. Mr. and Mrs. Marion Barnes spent last Wednesday in Klam ath Falls visiting with friends and relatives. Oliver Kenney Sr.. Is able to be about after being on the ilckj list ior some time Fred Rclling and son Wilbur have had a crew of men sorting potatoes the last week. Mr. and Mrs. Boyd Bruner were business callers in Klamath Falls Saturday. ' I aV-'.'i'-JT an ," IkJT I l:u iiiiii m ii l ' i mil i.i, n ,n i i". .( J jf-.Jf ... j...,, H III lllll ifll I I cJHZZ?.i, .AL'mi Jrf. L. :!.!..'. Dairy Looking for Bargains? to the Classified page Turn - ITEAIl Major Bowes' Amateur Hour Every Thursday Night 6 P. M. PST. "Telling You How To Get Mora Value For Your Dollar" When you realize that it is your newspaper which stands between you and the loss of your right to know things, your paper takes on a new significance. It is your newspaper which keeps all your leaders in government, in education, in business in direct competition with each other. It tells you what they're doing. And may the best man win! NOTEt Th Ntmpapcf PublUhcra Commlttta, com. poMd of orar SM Itmdlnfl American Nippr, pub aahw theM mMMgr. ,lmultnouilr each mk. Tht fore which unite thtM newspaper, I, their roeognl tlon of their raponilbllltj to jou, the reader. 4 ! on late noc:i Yttt-(tV!itmM TniDO-inp" USED CAR YOUR pkk of popular makes brought ui In trade on new Fluid Drive Dodge and 1941 Plymouth. Every thing tagged plainly at Clearance prices. Come prepared to do business at these low prices. Here are a few ex amples of the great values offered if you act . . . Quick '39 Dodge Sedan, heater, lets than 18.000 miles ... $695 '37 Dodge Sedan, radio, heat er, reconditioned, , good tires, good paint .,..$465 '38 Plymouth Coupe, the best and the best looking Ply ' mouth in, town $545 .'38 Dodge Sedan, completely . reconditioned.. A real guarantee $595 '38 Ford Coupe, excellent condition ...$475 '38 Plymouth Sedan, heater, reconditioned and guar anteed, good rubber and paint ; $575 '37 Plymouth , Sedan, recon ditioned, good paint and rubber $42 '36 DeSoto Coupe, excellent condition $343 EASY BUDGET TERMS NO RED TAPE Ostendorf Motor Co. 424 So. 8th ' 1-ot 11th and Klsm. "13 Years la Klamath Basin" - ... . .. A iM The Dairy community extend its deepest sympathy to Mr. and Mrs. Joe Vierira of Hlldebrand on the loss of their Infant daughter who recently passed away. Mrs. Andrew Johnson was taken to Klamath Falls Monday to receive medical attention. Mrs. Johnson has been in ill health for some time: Mrs. W. L. Bell recently re turned home from a trip to Los Angeles on which she accom panied her brother before Christ- man. On their return trip they naa the misfortune of exnerlenc ing an auto wreck which bruised them considerably and delayed their trip home several days. Mr. and Mrs. John Jones and Mr. and Mrs. Martin Stoeksler returned home from California last week after they enjoyed sev eral weeks of California weather. Poe Valley Mr. and Mrs. Warren Moore are the proud parents of a baby girl. Pauline and Donald Roberts and Mrs. Haines were shoppers in Klamath Falls from the valley Thursday, Among those ' who attended the machinery s h 0 w at Jim Kerns implement store Friday were Mr. and Mrs. Francis Freuer, Mr. and Mrs. Starrer, Paul Breighthaupt, Wilbur Rett ing, Mr. and Mrs. J. Nork and Jim Glover. A party was held at the home of Mr. and Mrs. Walter Croft Saturday night, Those who at tended were Mr. and Mrs. Jack Holzhouser and children, Mr. and Mrs. Bert Wilder and son Billy, Mr. and Mrs. Pete Holz houser and son Jerry, Virginia Hope and Mr. and Mrs. Roy nolds and children. Mrs. Eddie Roberts and Viola Roberts were visitors at the Earl Webber home Friday. Mr, and Mrs. Rex High and Zella Sullivan left for Corvallis Sunday morning, where they will attend the 4-H meeting. Mr. and Mrs. Clarence Webber took their children Helen and Leland to Klamath Falls Satur day to receive medical attention for colds and sore throat. William Breighthaupt, who has been' suffering from heart trouble, is somewhat Improved but will be confined to his bed for quite, some time, ! Enough silk stockings were given as. Christmas .presents to keep skirts short another year. 'Heavy snows have stopped some of the armies in Europe from going slaying, . DESIGN FOR LIVIN C Vtlllly and comfort mu.t pre. vail In the rooms she alf ni, thinks Kllrrn Mon, 15, who's huir with miniature linuir In art rlsas al Rutherford, N. J. Kllrfn Is a ninth trader al Itulhrrford where about 100 of Hie 2.200 alu drnli In lluthrrford's firat II cradra nurvrycil arorrd more lhaa .v ivimi mo iriuui ciaas. naiioirt avcrace Is ISO. If Japanese Foreign Minister Yosuke Mnlsuoks. seems to be very emphatic about the point he is milking to Joseph Clnrk Crew, U. S. Ambassador to Japan. They're pictured discussing Far East situation during luncheon of America-Japan Society in Tokyo, FUNNY BUSINESS "Gentlemen, since we nil enme together nt the same time, I suggest we start the 'Spare Auto Parts, Inc.'" - HOLD EVERYTHING ,WWU ( . . 1 V" - . v - "I wng sure I saw Private Flookcy snenk in here."