PAGBTEN
THE EVENING HERALD, KLAMATH FALLS, OREGON
December 18, 1941'
Manheii and tyincisuUcU
STOCK MARKET
REGAINS LOSS
AFTER TUMBLE
NEW YORK, Dec. 18 V-Se-lective
recovery tendencies
seeped Into the stock market to
day, after an early washout had
wept many leaders to new lows
since 1938, but the general trend
remained downward.
: Losses at the worst, running to
more than 4 points, were re
duced In numerous instances af
ter midway and, at the close,
smattering of coppers, rails and
favored industrials displayed
modest improvement.
- Heavy tax selling and lack of
much stimulation in war or bus
iness news, brokers said, kept
bidders in the background
throughout the greater part of
the proceedings.
Dealings were swift at inter
vals and transfers for the full
stretch were around 1,300,000
shares, largest in a week.
Mildly optimistic for long
suffering commission houses was
the sale of a stock exchange
membership for $25,000, up
$6000 from a previous transac
tion which was at a new 43-year
low. The year'i high for a seat
was $35,000 in January.
- Soft spots in the share divi
sion included American Tele
phone, General Motors, Sears
Roebuck, J. L Case and Johns
Manvllle. In the rear ranks most of the
time were Goodyear, United Air
craft, Westinghouse, American
Can, DuPont, US Gypsum, Texas
Co., and Western Union.
Resistant were Anaconda,
American Smelting, Phelps
Dodge, N. Y. Central, Pennsyl
vania, Southern Railway, Mont
gomery Ward, Caterpillar Trac
tor, oBeing and Goodrich.
. Bonds and commodities were
narrowly irregular. -
Closing quotations:
Air Reduction 38
Alaska Juneau II
Al Chem It Dye 138
Allls-Chalmers
American Can
Am Car It Fdy
Am Rad Sta San .
Am Roll Mills
Am Smelt It Ref .
Am Tel It Tel
Am Tob "B" .
Am Water Works .
Am Zinc L4S.
Anaconda
Armour 111
Atchison
Aviation Corp
Bald Loco
Bendix A via -Beth
Steel
Boeing Alrp
Borden
Borge-Warner
Calif Packing
Callahan Z L
Calumet Hec
Canada Dry
Canadian Pacific .
Cat Tractor
Celanese
Ches It 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
Curtiss 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 It P pfd
Int Tel & Tel
Johns Manville
Kennecott
Lib O Ford
Lockheed
Loew's '.
Long-Bell "A" ..........
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 It El
Pac Tel It Tel
Packard Motor ..
Pan Amer Airways ..
27
65
291
. 31
. 10i
38s
1251
. 46i
. 21
. 31
. 261
. 3i
. 24 i
. 31
. 131
. 361
. 59
. 181
. 201
. 191
. 171
I
. 51
. Ill
. 31
. 361
19
321
431
1
8
..532
221
12
51
241
50
101
81
651
1391
1311
1
261
381
291
131
111
201
111
51
101
451
231
541
11
53
341
211
221
35
21
25
31
14
131
231
121
71
12
91
41
81
41
10
171
961
II
14
When in Medford
Stay at
HOTEL HOLLAND
Thoroughly Modern
Joe and Anne EarlT
i Proprietors
Carload Potato Shipments
Day of H
Month Season 1941-42 Season HM 0-41
Dec. to Season Dec. to Season
Dec. Daily Date to Date Dally Dato to Dato
1 21 21 2666 3 3 2979
2 9 30 2675 28 31 3007
3 23 53 2698 24 55 3031
4 31 84 2729 31 86 3062
5 21 105 2750 32 U8 3094
6 24 129 2774 28 146 3122
7 0 129 2774 41 187 3163
8 25 154 2799 4 193 3167
S 24 178 2823 40 233 3207
10 3S 211 2856 35 268 3242
U 36 247 2892 23 291 3265
12 33 280 2925 36 325 3301
13 22 302 2947 28 353 3329
14 I 303 2946 34 387 3363
15 47 350 2995 i 395 3371
16 27 377 3022 35 430 3406
17 " '
18
19
'20
21 ZZZZ ZZZ
22
24
25
-
" ZZ ZZZ ZZZ
28
29
30, ' "
31 H i I
FEDERAL INFLUENCE
SLOWS WHEAT PIT
CHICAGO, Dec. 18 (V) Grain
trading fell off to an unusually
small volume todny and prices
drifted fractionally lower as the
market reached a virtual stnlo
mato brought about largely by
indirect governmental control of
prices.
Traders adopted a watchful
waiting policy pending develop
ment of price control legislation.
Meanwhile, they said, the wheat
and corn markets In particular
were dominated by the fact that
the government, through the loan
program, has placed what
amount to virtually a floor and
ceiling on prices, at least for the
time being. This indirect con
trol Is the result of the storage
of new crops at government loan
rates and the offering for sale
of old supplies of wheat and
corn at prices only a few cents
above current market lovels.
Wheat prices dipped as much
as ic at one stage but closed
ic off to '1c up compared with
yesterday, December $1,231,
May $1,261-1.26; corn unchanged
to 8c lower, December 781c, May
833-lc; oats unchanged to lc up;
rye i-5c lower; soybeans lc off
to Sc higher.
POTATOES
SAN FRANCISCO, Dec. 18
(AP-USDA) Potatoes: 5 Cali
fornia, 2 Oregon arrived, 17 un
broken, 15 broken cars on track;
practically no early demand,
market steady; no Klamath
quotations.
Month Shipments by Truck (1940)
Grand Total
Paramount Pie
Penney (J C)
Penna R R
Phelps Dodge .
Phillips Pet
Proctor & Gamble .
Pub Svc N J .
Pullman
Radio
Rayonier v.
Rayonier pfd
Republic Steel
Richfield Oil
Safeway Stores -
Sears Roebuck
SheU Union
Socony Vacuum
Sou Cal Edison
Southern Pacific .
Sperry Corp
Standard Brands
Stand Oil Calif
Stand Oil Ind .
Stand Oil N J .
Stone lc Webster .
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
Westinghouse
Woolworth
131
76
181
29
451
511
121
211
21
91
241
17
91
411
511
161
81
161
101
30
41
211
301
421
41
31
. 4
. 431
. 4
. 681
. 131
. 601
. 10
. 331
.932
. 41
. 641
. 161
. 80
501
181
5
24
751
251
SO. S. F. LIVESTOCK
SO. SAN FRANCISCO, Dec.
18 (AP-USDA) HOGS: salable
800; around 15c lower; most
good 185-235 lb. barrows and
gilts $12.10, latter top, one load
$12.05; good sows $9.50, steady.
CATTLE, salable 150; steers
nominally steady, good quoted
$11.25 down, medium $10.50
heifers absent; largely range cow
run, strong to 15c higher; two
cars good young 970-1040 lb. Ne-
bada cows $8.75, recent extreme
top, medium and common cows
$7.50-8.00, canners and cutters
$5.50-7.00; few medium sausage
bulls $8.50. Calves, salable none
nominal; good to choice vealers
quoted $12.00-13.00.
SHEEP, salable 1000; active,
around 50c higher; wooled lambs
absent, quoted $12.00; four decks
good 79 lb. shorn lambs $10.90
straight; two decks 65 lb. Ne
vada whitefaced feeders $11.00,
Stop!
'Looking for a
Good Time?
Com to
sorted 15 per cent at $10.00,
mostly medium to good, to pack
er; medium to choice ewes quot
ed -$4.50-5.50.
George Washington received
no salary for his services during
the American Revolution.
Of the world's 3,000,000 lep
ers, 12,000 are in the Philippine
Islands.
LOS ANGELES, Dec. 18 (AP
USDA) Potatoes: 9 California,
7 Idaho arrived, 17 unbroken.
44 broken cars on track; by
truck, 10 California, 1 Idaho, 1
Nevada arrived; no Klamath
quotations.
CHICAGO POTATOES
CHICAGO, Dec. 18 (AP-USDA)
Potatoes, arrivals 92; on track
255; total US shipments 494
supplies moderate, demand fair;
market steady; Idaho Russet Bur-
banks US No. 1, $2,421-60; Ne
braska Bliss Triumphs US No. 1,
$2.55-60; Colorado Red McClurcs1
US No. 1, $2.30; Minncspta and
North Dakota Bliss Triumphs
US No. 1, $1.45-2.071; Cobblers
US No. 1, $1,421-50; Wisconsin
Katahdins US No. 1, $1.45-60;
Round Whites US No. 1, $1.35
1.40; new stock supplies, light
demand, market steady; Florida
Bliss Triumphs US No. 1, $2.40
2.50 per bushel crate.
PORTLAND LIVESTOCK
PORTLAND, Ore., Dec. 18
(AP-USDA) HOGS: salable 700,
total 1800; market active, mostly
steady; good-choice 170-215 lb.
drlvo-lns largoly $12,00; one very
outstanding lot $12.25; medium
grades $11.75 down; 230-300 lb.
$11.00-60; light-lights $11.00-50;
packing sows $8.50-9.00; light
sows up to $9.50; choice feeder
pigs $10.75-11.25.
CATTLE: salable and total
150; calves, salable 25, total 40;
steers rather active; other classes
slow; medium-good fed steers
mostly weighing 950-1200 lbs.,
$10.50-12.10; few common steers
$8.00-9.00; light dairy typo steers
down to $7.00; common heifers
$7.00-8.00; Conner and cutter
cows $4.25-5.50; fat dairy type
cows $6.25-50; medium beef cows
$7.25; cutter to common bulls
$6.25-7.00; good beef bulls quot
able upward to $9.00; good veal
ers $12.00-50; choice quotable to
$13.00.
SHEEP: salable and total 50;
market nominally steady; good
choice trucked-in lambs salable
around $10.50; Wednesday's ex
treme top $10.75; few plain feed
er lambs unsold; fat ewes salable
$5.00-25.
BOSTON WOOL
BOSTON, Dec. 18 (AP-USDA)
The Boston wool market was
tairiy active and prices were
generally strong today. Sales
of domestic wools consisted most
ly of those needed for immediate
consumption. Good 12-month
Texas wools brought $1.10-1.15,
scoured basis. Original bag ter
ritory wool running bulk fine
of good French combing length
with some staple lengths brought
mostly $1.10-1.13, scoured basis.
Data secured in 21 states indi
cate that every third person Is
an automobile driver.
Arizona, with 32.1 per cent,
has the largest ratio of women
drivers of any of the 48 states.
John Mead and his five sons
operate by themselves the Great
Western Railway of Wales.
Looking for Bargains? Turn
to the Classified page.
r IDEALGIFT fc
THEATRE SCRIP
I SAVE 20
THEATRE SCRIP !
8 BOOKS I
TIM Minn, Mm Trtt, J
Vol art" Rilnbow f
! TTwalrM .Jy '
niiii
That's one of the many
reasons for Blitz-Weinhard's
overwhelming popularity!
It's always refreshing..,
completely satisfying.
Keno
Dance
EVERY SAT. NIGHT
Music By
OREGON HILLBILLIES
Air Conditioned for Your-Comfort.
nnnilRnrinnnfinnnnn WmL
i a a a j i i i 11 i a a a a a r t luiTAk. v
GUARANTIED
SATISFYING
uuiiUi
BEER
Borrowing Good Neighbors'
Supper Treats Good Policy
Our neighbors below tho Rio
Grande have a wholesomo re
spect for good food. So havo we
and lt might therefore become
part of our good neighbor policy
to enliven our menus occasional
ly with some of tho appetizing
and colorful dishes from our
Latin-American friends. Coffee
is one of Latin America's chief
products and their favorite bev
erage. It belongs In any good
neighbor party menu.
Cooking fruits with poultry is
very Latin-American. It does
wonders to the Sunday fowl. Try
It when cooking duck. Ask a
friend or two to Join the family
for Sunday's good neighbor din
ner and' follow this authentic
Latln-Amerlcnn menu.
Oood Neighbor Sunday
Dinner Menu
Black bean soup, potted duck
Brazilian stylo, rice Latln-Amcr
lean, shredded spinnch, avocado
and grapefruit salad, sponge
cake with Guavn Jam, fresh
fruit, cheese, coffee.
Black Bean Soup
For each cup of boiling beef
stock add two tablespoons pur
eed black bean pulp.
Potted Duck In Brazilian Style
(Serves 4 to 0)
One 3-pound duck, 4 lablo
spoons diced bacon, 2 tablo
spoons butter or sho toning. I
onion, sliced, 1 clove garlic,
crushed, i teaspoon pepper, H
teaspoons salt, 1 teaspoon pow
dcred bay leaf, 1 tublespoon
minced parsley, 2 table.ipnons
minced celery, 21 cups bulling
water, i cup green olives, srald
ed and sliced, rlco Latin-American.
Clean the duck and scrub with
mild sonp. Rlnso thoroughly and
dry. Fry tho bacon slightly In
a smoll heavy kettle. Add tho
butter and in this fry tho duck
all over. When half browned,
add the onion and contlnuo until
both are browned. Add the gar
lic, seasonings and wntnr. Cover
closely and simmer on top of the
stove or In tho oven till tender,
about two hours. Strain off the
gravy; measure and thicken, us
ing to each cup one toblespoon
flour mixed with one tablespoon
water. Add the olives and serve
with rlcr Latin-American.
MENU X
BREAKFAST Orange
Juice, cracked whnot cereal,
. ...an,M krWh. mm
cuuiiuy Biiviii..n
muffins, Jam, coffee, milk.
DINNER (Latin-American):
niack bean soup, polled duck
rirailllim sl.vle, rlco Latin
American, shredded spinach,
avocado, and grapefruit salad,
sponge enkn with Ouava Jam,
fresh fruit, cheese, coffee,
milk. 1
SUPPER -Cold ham, cream
ed potatoes, relishes, celery,
stewed fruit, layer cake, toe,
milk.
During 19311, the Netherlands
East Indies yielded 8,800,00(1
tons of oil. 2.H per cent of thfc
total world output, -wt
ORDER of VASA
CHRISTMAS
FESTIVAL
SMORGASBORD
Saturday, Dec. 20th
Dinner fl to 8 P. M.
Entertainment Follows
IOOF HALL
I U: f
MONTGOMERY WARD'S
I v ;. H RAM. f Mil 3 1IVV1T1 kJUIl JUkJ I ,
L $
tv,'.-;. r nil i
I ." t fun 1 , "T. . .
Ifc rved Style fTK95
. 1 MfeSili llch Velvet M
Beautifully styled, quality built and cov
ered in rich rayon and cotton figured
velvetl Full carved arm and base panels!
The resilient coil spring cushions and back
are deeply upholstered for comfort I
XT a Month, Utuol Down fomtnl ond Carrying Chars
Wlng-ltack Sty
Ill-Pile Velvet
Big, Loungy styling you'd expect at $20
morel Consider these features high, rest
ful backs, deep roll-front cushions, neat
wood triml ,
P0a Month, Vnat Down Poymtnl and Carrying Chore
! Lounge Style ' T
Mohftlr Covering Q
1 vrl Y.Nto
Luxurious London lounge style in a Ward
quality hard to match even at 20 higher!
Big box cushions, wide soft arms ... a
style famous for comfort you'll like I
$11 a Month, Usual Down Payment,
Carrying Chargo
NINTH STREET, Corner Pin
TELEPHONE 318J