December 8, 1941
THE EVENING HERALD, KLAMATH FALLS, OREGON
PAGE SEVEN
AfabheU and tyUuznckU
II
5
STOCKS GO
DOWN MONDAY
0 NEW YORK. Dec. 8 WSe
eurltlet tumbled and commod
Itlet toared In today's markets m
Japan and the United States
rlanhrd In the Parlflc and con
trr voted all-out war nn tin
oriental empire.
Cancellation of buying orders
which might hnvf mads a ruth
Inn for lllng resulted In re
treats for leaning stocks of 1 to
.1 polnta at th opening on lilorkt
of 1000 to mora than 0000 shares.
Dealings ilowad and quota
tloni recovered partlnlly a It
seemed offering" would be pretty
well abiorbed. There was an
other dip In pr:re nfti-r mid -day
whan It waa learned Amrrii.ni
(AualtlM at Hawaii were sreut
er than moat had looked for.
Vlctorlout clalma of Tokyo con
tributed aomewhat to speculative
uneasiness and falling tr-ml
O gained momentum In the final
hour.
Many new 1041 Iowa were es
tabllihed In the afternoon and,
while there were aratlered ad
vancea In evidence at the cloae,
and decllnei ware cut In many
rates, louea ranged from 1 to S
polnta or ao. It waa one of the
sharpest aetbacka alnce May of
lust year when th nails crash
ed the low countrlea.
Among atocka in the "new
low" claaa were Bethleht-m
Steel, Republic Steel, General
Motor, Chrysler, Beara Roebuck,
N. V. Central, Pennaylvanla,
Great Northern and Chesapeake
Ohio.
Prominent loaera Included U.
6. Steel, American Telephone,
U. S. Rubber, Goodyear, Good
rich, J. I. Cane. Douglaa Air
craft, Sparry, Weatern Union,
American Smelting
American
Can, Wcitlnghouse, Dow Chom
leal. Eaatman Kodak, J. C. Pen
ney, Woolworlh, Montgomery
OWard. Sante Fe, Union
Pacific
and Union Carbide.
Air Reduction
Alnaka Juneau -
A I Chem St Dye
Allli-Chalmera
American Can
Am Car St Fry
Am Rad St San
Am Roll Mills
351
21
140
2 111
71
2H
4i
101
Am Smelt St Ref 3J
Am Tel St Tel 1421
Am Tob "B" 47
Am Water Worka 31
Am Zinc L St 8 41
Anaconda 24 J
Armour 111 - 34
Atchison 24
Aviation Corp 31
Bald Loco 12
Bendix Avla 301
Both Steel 561
Boeing Airp 181
Borden 101
Borge-Warnrr 104
Calif Packing 174
Callahan Z L 816
Calumet Hec St
JOanada Dry 124
'Canada Dry - 124
Canadian Pacific 3
Cat Tractor - SO
Celenese 211
Chea St Ohio 321
Chryalar - 804
Col Gat tt El 40
Com'l Solvenla - 81
Comm'nw'lth & Sou 816
Coniol Aircraft 21
Contol Edison - ... 131
Conaol Oil - 4
Cont'l Can 30
Corn Producta 48
Crown Zellerbach U
Curtlie Wright 7
Doug Aircraft 07
Dupont De N 1414
Eastman Kodak 1204
El Pow & Lt 1
General Electric 261
General Fooda 384
General Motora - 36
Goodrich 184
Goodyear Tire
141
Gt Nor By pfd ....
Greyhound
Illinois Central ..
JjvTnap Copper
O.'nt Harvester
Int Nick Can
Int Pap St P pfd
Int Tel ti Tel
21
134
64
05
441
24
854
2
87
324
231
28
371
24
John Manvllle ..
Kennecott
Lib O Ford -.
! Lockheed ....
1 Iorw't
Long-Bell "A"
Montgomery Ward 204
Neth-Kelv
31
Nat'l Bltcult
Nat'l Dairy Prod
Nat'l Dtlt
Nat'l Lead
N V Central
No Am Aviation
North Amer Co ,
Northern Peclfio
Ohio Oil
Oti Steel
Pec Amer Flth
Pee Oat tt El
164
131
231
134
84
Hi
101
44
84
n
to
201
Pac Tel it Tel ...1304
Packerd Motor 24
I n Amer Alrwtyg - 151
Paramount Flo 131
Penney (J C) ,. 774
Penn R R 104
Carload Potato Shipments
Day of
Mnnth Season 1041-42 Sennon W40-4I
Dec. to Seenon Dec. to Season
Dec. Dally Pat to Date Dally Date to pnte
1 tX Ti 2un a "3 207d
2 ll 30 2fl7 '" 2H 31 3007
It 2H B3 28B8- 24 M 3031
4 U 84 2729 51 8 3062
ft 2i 10 27B0 " 32 118 3004
-
luz
l
11
i n
jlT -
hi
-,
zz zz zz zz zz zz
22
j
-
! 20
! 27 '
j 2U
j
i . zzz
Month Shipments by Truck
Grand Total
Phelps Dodge 251
Phllllpf Pet 449
Proctor Sc Gamble
54
Pub Svc N J 121
Pullman 214
Radio .... 3
Hayonler 104
Republic Steel ..... 184
Richfield Oil 8
Safeway Stores 444
Seam Roebuck 624
Shell Union 151
Sucony Vacuum 84
Sou Cnl Kcli.siin 204
.Southern Pacific 104
Sporrv Corp 294
Standard Brands - 41
Stand Oil Calif 23
Stand Oil Ind aoi
Stand Oil N J 4-11
Stone St Webster 41
Studebaker 44
Sunshine Mining 44
Texas Corp 434
Tnins-Amerjra 44
Union Carbide 774
Union Oil Calif 14
Union Oil Calif 14
Union Pacific 66
United Airlines 124
United Aircraft 321
United Corporation 932
United Drug - 5
United Kruit 734
U S Rubber 224
U S Rubber pfd 92 i
U S Steel .. 504
Vanadium 184
Warner Pictures 54
Western Union ... 241
WestlnKhouse ....... 744
Woolworth 26
PORTLAND LIVESTOCK
PORTLAND. Ore., Dec. B (AP
USDA) HOGS: Salable 2200,
total 6500; market mostly steady,
10-lSo higher; bulk good-choice
173-218 lb. drive-int $10.75; few
small lota (10.65-90; packing
sowa 97.00-30; feeder pigs $0.30
10.00. CATTLE; Salable 2600, total
2953; calves salable end total
200; market opened steady, some
let bids and tales tteen and
cows weak to 35c lower; other
classes steady; aeveral loads fed
Iteert $11.00-12.00; one load
$12.38; common-medium short-
fed iteert $8.00-10.25; two lotdt
fairly good heifers $0.75-10.00;
common down, to $7.00; good
light cowt $7.78-8.00; few ever
ago cows $8.25; few good
weighty lott $7.25-30; canner
common cowt $4.25-6.75; bulls
firm, medium-good grades $7.60
0.00; odd beef kinds $0.28; good
choice vcalert $11.80-13.00; com
mon down to $8.00.
SHEEP; Salable 2200, total
2500; fat lambs 18c or more
higher; four doublet 87-100 lb.
fed, wooled lambs $10.00; dou
ble deck 86 lb. Iambs $10.60;
few common-good slaughter
ewet $3.80-8.00.
CHICAGO POTATOES
CHICAGO, Dec. 8 (A1MJSDA)
PoltttoQt, arrivals 160; on track
340; total US thlpments Satur
day 488, Sunday 18; auppllea
moderate, demand fairly good;
for Bllpt Trlumpht all aectlont
and Idaho Runete market
slightly ttronger, other varle,tlet
ell tactions market firm: Idaho
missel tjurbankt US No. 1.
$2.20-88; Nebraska Biles Tri
umph! US No. 1, $2.35-50; Col
orado Bed McClurea US No. 1,
(1040)
PRICE FIVE CENTS
CHICAGO, Dec. 8 UP) Grain
prices soared 5 cents a bushel
. .... .
in some cases today, as much asi
trading rules would permit in,carryjng on because I find
one senslnn. as the United .states
went to war with Japan.
Soybeans shot up 6 cents, the
daily limit for that commodity,
with trading virtually at a stand-
still throughout the day because
of lack of sellers nt the maximum
prices.
Despite profit taking and scat
tered telling grains reacted only
about a cent from the high levelt
nt tirnna .
Wheat closed 5 centt higher
than Saturday, at the maximum
llmltt for the day, December
$1,224, May $1,264; corn 3 1-4 4c
higher, December 784c, May
844-8c; oats 2l-3ic up, December
524c: rye 44-41C higher, Decenv
ber 694c: soybeans 8c higher, De
cember $1.71.
POTATOES
SAN FRANCISCO, Dec. 8
(AP-USDA) Potatoes: 3 cars
California. 9 Oregon arrived; 20
unbroken. 16 broken cars on
track; practically no demand or
trading; sales too few to establish
market.
LOS ANGELES, Dec. 8 (AP
USDA) Potatoes: 12 cart Cali
fornia, 23 Idaho, 3 Oregon, 1
Utah arrived; 73 unbroken, 28
broken cart on track: 6 cart Cal
ifornia, 3 Idaho, on Nevada, one
Utah arrived by truck; market
steady; Oregon Klamath district
Russet No. 1, $2.05; No. 2 $1.60.
Second Generation
Japanese in Spot
PORTLAND, Dee. 8 VP The
Nisei, second-generation Japan
ese in the United Statet, are in
an edmlttedly tough spot, How
ard Nomura, Portland, former
president of the Japanese Amer
ican Citizens' league, said today.
"We look like Japanese," he
said, "and nothing can be done
about It. We only ask or the
chance to show that we are
good Americana."
Blue eyes and black eyes have
the tame pigment. In blue eyes,
however, tthe pigment Is deposit
ed lest densely.
$2.18-40; Minnesota end North
Dakota Bliss Triumphs US No.
1, $1.40.80; Cobblen US No. 1,
$1.30-40; Early Ohlot US No. 1,
$1.38; Wisconsin Katahdipt US
No. 1, $1.48,80.
"Try th New Deal"
at I U I C K
See Mr. Veet,
Ftetorjr Trained Service Msrr-
T
E
FOR DURANT
By DAVID J- WILKIE
FLINT, Mich., Dec. 8 (World
Wide) He once dreamed of
controlling the entire automo
bile Industry . . . everything he
touched seemed to turn to gold
and he sought to buy up all
car manufacturing companies
. . . He created the great Gen
eral Motors organization, but
he nought also to c6ntrol the
New York stock market . . .
Fortunes that came to him In
multiple millions were wiped
out repeatedly only to be re
clamed as If by magic. . . And
to bh lost again. . .
William C. Durant is 80 years
old today and he owns a bowl
ing alley here; a recent addi
tion to It Is restaurant with
a huge sign on the wall read
ing "Hamburger Heaven." Not
Infrequently Durant, one-time
super-sali'sman, organizational
genius and most talked about
figure In the stock market a
quarter century ago, may be
seen moving tables and chairs
about in the lunch room.
He has had visions of ex
panding his bowling alley busi
ness Into a chain of recrea
tional enterprises, but he says,
building costs and real estate
values have mounted and de
layed his plans somewhat.
Meanwhile he Is liquidating
a realty holding company and
has been writing a book his
own 5tory of General Motors,
control of which he twice held
and lost.
If the description of the one
time financial wizard and "bull
of bulls" in Wall street now
operating a bowling alley and
restaurant gives, the Impres
sion of an impoverished, dis
sillusloned and embittered old
man. it Is wholly wrong.
At 80 Durant is at debonair,
as enthusiastic and as engaging
in conversation as he was when
six months' operations in the
stock market netted him $20,
000,000. Slightly below aver
age In height, with sparse white
hair, dark eyes and deeply
wrinkled brow, he dresses neat
ly, carries himself erect and
walks with quick step. Only
the deeply lined face reveals
- that he has reached four-score
: ln '
i I haven t a dollar, Durant
rays, "but I'm happy and I'm
I
. ean't stop."
Hc i,as n0 doslr, to get back
Into the stock .market, he says,
"Many people , value money
too highly," Durant explains:
"after all money Is only loaned
Mo e man: he comes Into the
world with nothing and he goes
out with nothing."
Hit objective now, he says,
is "to do at much good at pos
sible for at many people at pot-
,ible
General White's
Book Proves True
In War so Far
SALEM, Dec. 8 Major
General George A. White, com
manding officer of the 41st di
vision, died at Portland only 14
days before his prediction of at
tack on America came true.
In the general's last book,
"Attack on America," publish
ed three years ago, t.e wrote of
a Japanese attack on the Pearl
harbor naval base at Honolulu.
So far. the war ln the Pacific
hat followed tho general'! pit
tern in his story.
But his friends hope that Is
where the similarity ends.
In "Attack on America," the
Pearl harbor base wat evacu
ated by the U. S. navy, the Jap
anese invaded the west coast,
and tho United Statet army re
tired to the Rocky mountains.
24 Japanese
Held at Portland
PORTLAND, Ore.. Dee. 8 VP)
Twenty-four Japanese were ar
rested here list night end held
In Jail for the immigration eerv.
ice, J. Douglas Swenson, federal
bureau of investigation egent,
tald today.
Portland police and army an
thorltiet co-operated in the arrests.
IH
GOLDEN
TUG
Michael at 20
..n
ri
Picture released by Nazi au-
thorltlea shows King Michael of
Rumania grown to young man
hood. H was 20 Nov. 25..
Mir HELP DEFENSE
FLINT, Mich., Dec. 8 The
many ways in which the average
motorist can render important
defense service through con
servation of his car and the fuel
with which it operates were
emphasized today by C. W.
Jacobs, parts and service man
ager of the Buick motor division,
in a discussion circularized to
more than a million Buick own
ers throughout the country.
"With curtailment of consum
er production in all lines and
the need to conserve for na
tional defense almost every con
ceivable type of material from
metalt to matches, it becomes
very important and necessary j
that we conserve the cars we j
own, the fuels and lubricants;
that run them, and the tires on ,
which thev run." Jacobs Raid.
Pointing out fliat the need for
saving gasoline it regarded as
a major defense issue, the ex
ecutive observed that by main
taining normal rather than high
tpeeds, fuel economiet as high
as 80 per cent can be effected.
At the same time, tires wear
out two- and one-half timet as
fast at 60 miles per hour as they I
do at 40 and tire life It five
times as great at 40 miles an
hour as at 80.
He said that a Buick engine
ln good condition has an average
lubricating oil consumption of
one quart in 300 miles. But oil.
like gasoline, is consumed in
proportion to speed. Moderate
driving conserves oil as well as
fuel, and minimizes the wear on
all parts of the automobile, he
said.
In the care of tires, Jacobs
recommended that all tires, In
cluding the spare, be Inflated to
the correct pressures and check
ed at least once a week to see
that these pressures are main
tained. It is preferable to check
pressures when the tires are cold,
before they have been run more
than a mile or to.
Scraping tires against the curb
often damages the aidewalls and
may cause blowout later.
Warning Spread
For Defendants
TACOMA. Dec. 8 W) Fed
eral and state officials -in the
nation were warned this morn
ing to be on the lookout for
William Markowiti and Joshua
F. Simons, who have failed to
thow for trial for their part in
the people'a gas and oil case.
U. S. District Attorney Frank
Hale said this morning the $10,
000 bail for each of the fug
itives had been forfeited Satur
day night and that the bonding
company Involved wat issuing
circulari throughout the nation
calling for the arrest of the two
men.
soMeTiMti we THINK
WISDOM ISJUSTAMATTlft
NOT eUONIMONOUtX
UNQtat TWICt ON
And w think, once you've
given ut trial, you'll
agree, a LOMBARD'S cus
tomer It a happy euttomer,
today, tomorrow and always.
- la, -V'
i,rv
st WW
iiiiiiiifial
L
GUARD LEADER
SALEM. Dec. 8 fP) Brigadier
General Alvln C. Baker, 62, who
assumed command last night of
the Oregon state guard, rote
from a private In the Spanlth
Amrrican war to a general when
he retired in June, 1940.
The state guard, which will
perform the dutiea of the na
tional guard, now In federal
tervlce, wat authorized by the
1041 legislation. It will guard
againtt sabotage, quell civil dis
orders, at well at perform any
other dutiet which the governor
may ask.
Baker enlisted at a private ln
the Oregon light artillery July
16, 1898, and in 1901 enlisted in
the Oregon cavalry. He enlltted
in the coatt artillery In 1912,
and in 1916 wat commissioned a
second lieutenant.
During the World war, he
fought with the 101st trench
mortar battery, 26th divition.
and took part in the Altne-
Mame, St. Mihiel, Meute-Ar-gonne
and first army offensives.
He won a silver star citation.
Baker wat commissioned a
first lieutenant of infantry in
1922, and later In the tame year
waa made a captain, assigned to
howitzer company, 182nd infan
try, national guard. In 1825,
Baker became a lieutenant col
onel, assigned as intelligence
officer for the 41st division.
Promoted to colonel in 1934.
Baker waa given command of
the 186th infantry, the command
he held until his retirement 18
montht ago. He became a brig
adier general on retirement.
Baker it a graduate of the
army infantry school at Fort
Benning, Ga.. and of the trench
artillery school, at Langres,
France.
Steen, President
Of Wheat League
HEPPNER, Ore., Dec. 8 (UP)
will steen, Milton, wat elect
ed president of the Eastern Ore
gon Wheat league, succeeding
Dim t,uuey, Weston, In the final
session of the three-day 14th
annual meeting. Other of
ficials are Millard Eakin, Grass
Valley, vice president, and C. W
Smith, Corvallit, tecretary-treas-
urer. - .
County representatives chosen
included: Wallowa, L. J. Staggs;
Morrow, Terrell Benae: Gilliam.
George Webb; Sherman, Herbert
Koot; Umatilla, Jens Terieson:
Jefferson, Hiram Wolfe; Union,
Ernest DeLong, and Wasco, Wal
ter j. Hanna.
Reports of committees adopted
today were essentially as fore
cast ln preliminary discussion.
They recommended a moderate
course as to agricultural legisla
tion and pointed to possible im
provements in production, ware
housing and other matters.
The tax committee report op
posed a special session, but pro
posed some tax changes at the
next -regular session. The trans
portation committee atked an
emergency rate to the southeast
to help dispose of the wheat sur
plus in this country.
The league declined to en
dorse the Smith bill specifically,
"Would you satisfy i
Maharajah's taste
with an humble pursa?
Then remember, Q Sahib:
The very best BUY Is
the whiskey that's DRY
.PAUL JONES!"
lit Putl Jones Csmil
Paul
Jones
$J35
A PINT
MI QT
4, W ttfltil wMU$m
90 proof, trmiftri DillUUrUt.
lot, (,i)tMl 6 tlllimtrt
All IN Y
GENERA
NAMED
OREGON
but approved "national legltla-
tlon limiting the right of labor
to strike In defense Industries.
LaGrande was chosen at the
place for next year's meeting.
Playboy Loses
Tooth, Fifth Wife
NEW YORK, Dec. 8 (UP)
Playboy Tommy Manvllla lost a
tooth and bride No. 8 Friday.
He didn't feel to hot about the
tooth, but he talked brightly
about the end of his marriage to
blonde showgirl Bonnie Ed
wards, 17, with whom he eloped
to Connecticut Just 17 dayt ago.
It was his shortest marriage
to date. On the baslt of reported
$200,000 settlements, not Includ
ing alimony, to his other wives,
lt probably cost a minimum of
$12,000 a day.
There was "no fight, no fuss,"
Manvllle tald, denying a report
that his bride had walked out
on him in a huff Wednesday
night while at the La Martinique
night club.
Miss Edwards, who took up
temporary residence in the
apartment of Joyce Mathewt, a
show girl colleague who married
Comedian Milton Berle ln Hol
lywood yesterday, declined to be
Interviewed. But one of the
many New York press agents
who Jumped to the front to aid
Manville in the divorce said she
had refused alimony.
Manville said he wasn't sure
why Miss Edwardt wat leaving
him.
"I think people bothered her,"
he said. "I'm used to being an
noyed, but she isn't. Usually I'm
damned glad to get rid of them,
but I was on the level with this
kid."
She began to lose weight and
became "very nervous," he said,
adding that since "neither of us
drink, it wasn't that."
I fiilriC.BsJin;
eft W ek LAlVJ v- Js ;
-safe Mvis : smi
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ECONOMICAL POWER, TOO,
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And yur Podge Deafer "KEEPS 'EM ROUINO"
WITH A-l IERVICEI
Mm tfi4 lnltlu lukk t Cdama
LOMBARD
434 South Sixth
Young Republican -Approve
Foreign
Policies of U. S. . .
EUGENE, Dec. 8 m Oregon
Young Republicans approved the
administration's foreign Oollclft
here Saturday night. j
Another resolution, however,
accused the new deal of lack of
regard for the welfare of small
buainets.
Adam Lefor, Eugene, was
elected chairman, 81 to as, ovr
Carl Francis, young mayor of
Dayton.
Other officers; Alice Pain.
Portland, assistant chairman; Ed
Fairbanks, Portland, vice-chair
man-at-large; Mildred Pierce,
Portland, secretary; Robert Bar
ker, Hood River, treasurer.
District vice chairmen: Glen
Hleber, Hlllsboro, first district;
Del Hale, Bend, second; John
Schofield, Portland, third; An
drew Newhouse, Marehfield,
fourth. Talbot Bennett of Salem
was named, national committee
man and Vernice Redifer of Flor
ence, national commltteewoman.
Executive committee mem-
oers: rreeman Hoimer and Don
Black, both Salem, first district;
Wesley Brownton, LaGrande,'
and Harold Bryant, Hood River,
second- Al Sulmonetti and Lof
ton Tatum, both Portland, third;
Tom Hartfield, Roseburg, and
Armand Gropp, Eugene, fourth
Hood River was awarded the
1942 convention.
JEFF WINS
PORTLAND, Dec. 8 m Jef
ferson high school, Portland
football league champion, de
feated a city all-star eleven in
a milk fund game Saturday
night, 9 to 0.
Fine mechanisms, tuch ' as
watches, use whale oil for lubri
cation. for
'a riOTHES
!A har-onyl,
... .. 1
mora man
75000
AAftftl tAD DATtn'
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