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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (June 18, 1943)
PAGE EIGHT HERALD AND NEWS, KLAMATH FALLS, OREGON June 18. 1943 STOCK PRICES SLIP LOWER IN FRIDAY TRADE ' Br VICTOR EUBANK NEW YORK, June 18 (TP) Buyers did a little shadow box ing in today's stock market but results were unimpressive and leaders generally slipped to mod erately lower levels in another one of the slowest sessions of , the year. Declines of fractions were widespread near the close. Vol ume was around 700,000 shares. A special offering of 19,000 shares of commercial investment trust at 411 was quickly ab sorbed but the stock backed away in subsequent regular deal ings. Childs Co. shares and bonds weakened when a petition for reorganization of the company was filed by creditors. Common wealth & Southern common came out' on one .20,700 share block, off 116 at I. . In arrears the greater part of the time were Southern Pacific, N. Y. Central, U. S. Steel, Beth lehem, General Motors, Good year, American Telephone, Philip Morris, Douglas Aircraft, Montgomery Ward and General Electric. Resistant was displayed by Hudson & Manhattan com mon and preferred, Santa Fe, Anaconda, International Har vester, Allied Stores, Standard Oil Oil), Texas Co. and West inghouse. Rail bonds enjoyed a spotty advance. Closing quotations: Am Car & Fdy 411 Am Tel & Tel .. 152 Anaconda 27 Calif Packing 27 J Cat Tractor 483 Comm'nw'lth & Sou 1516 General Electric .. 371 .General Motors ... 531 Gt Nor Ry pfd , .... ,30 Illinois Central 13J Int Harvester . 701 Mennecott 301 Lockheed Z 201 Long-Bell "A" r 91 Nash-Kelv 13 1 N Y Central 171 Northern Pacific .. 15 Packard Motor 41 J C Penney 91 Fenna R R '. 282 Republic Steel . 17 Richfield Oil : 101 Safeway Stores , 41 J Sears Roebuck 771 Southern Pacific 261 Standard Brands 7. Sunshine Mining 6 . Union Oil Calif 20 Union Pacific 97 U S Steel 541 Warner Pictures ... 141 LIVESTOCK SOUTH SAN FRANCISCO, June 10 (AP-USDA) CATTLE 10: nominal: for week. ntmr 50 lower, heifers steady, rnnn nnwc 80-75 lower; week's bulk medi um grass steers 13.00-50, medi um to good grass heifers $12.00 90, fat grass cows $11.50 down, aged medium to common cows $9.50-$10.50; medium sausage bulls sio.nn-sii nn r-i f- week, weak to 50 lower,' few veaiers $i4.uo, common to medi um S10.0O-S13 on. HOGS, 25; fully 40-50 lower, iew pacxages good 239 lb. bar rows and gilts $14.65-75; odd good sows $13.50, around 25 lower. Sheep, 1500; slow, largely nominal; for week, choice scarce, bulk medium tn ffnruf faf lamu $13.50-$14.50, feeders plentiful iu.uu-$ii.ou; cull to good ewes steady $2.00-$6.00, CHICAGO, June 18 (AP- usua salable hogs 8000, to tal 14,400; few early sales steady to 10c lower than Thurs day's averages; later trade fair ly active, . mostly steady; top $14.00; bulk good and choice 180-360 lb. $13.75-14.00; most strictly, good and choice 150-180 lb. $13.00-75; bulk good 360-550 lb. sows $13.25-50. Salable cattle 600; salable calves 400; general market draggy, uneven,--weak; receipts mostly cows; canners and cut ters steady at $7.50-10.00, but beef cows weak, at $11.00-13.00; outside demand narrow; few scattered loads steers and year lings barely steady at $14.50 15.25; nothing choice here; heaf ers without reliable outlet at DANCE Go Where tha Crowd Got Every Saturday Night 9:00 to 1:00 At K.C.Hall Sponsored br Eagles Auxil iary and Drum Corps. Estln Kigtr's Orchestra Public Invited y Man SOc Woman 25e Service Man 25e Tax Included - tor 5 V I'V W & : . . : lUSWHHI so - American troops prepare to meet the menace of enemy gas attack in demonstration of U. S. readi ness to cope with chemical warfare. Wearing gas masks, they keep close to the ground as they ad vance through clouds of simulated poison vapor. E PRODUCTION SHOWS BIG 01 PORTLAND, June 18 (VP) Production of pine lumber duN ing the week ending June 12 increased nearly 10,000,000 board feet over the previous week, the Western Pine associa tion reported today. Orders were up more than 5,000,000 board feet and ship ments showed a slight gain. The figures, however, were far be low those of a year ago. Production of Idaho white pine, ponderosa pine, sugar pine and associated species for the week totaled 87,871,000 board feet as compared with 78,176,- 000 for the previous week and 98.841,000 for the correspond ing week last year. Similar comparisons of shipments were 78,386,000 feet, 78.300.000 feet and 99,803,000 feet; of orders. 86.886.000 feet, 81.596,000 feet and 106,232,000 feet. $14.50 downward; fairly active trade however on bulls with practical top weighty sausage offerings $14.50; light kinds $10.00-12.00; veaiers steady with week's decline, mainly $14.50-15.50; weekend trade on stock cattle dull; narrow. Salable sheep 1000; total 4000; exceedingly little on sale; few good fed western clipped lambs sold early at $14.00; na tive spring lambs occasionally $14.25-15.25; with upward to $15.50 bid and paid for choice offerings; best show spring lambs held considerably above that level; few sheep about steady; shorn native ewes $8.00-25. Potatoes CHICAGO. June 18 (AP USDA) Potatoes, arrivals 91; on track 145; total US shipments 1057: supplies rather light; de mand light; market slightly weaker; California Long Whites US No. 1, $4.05-23; commercials $3.85; Louisiana Bliss Triumphs Victory grade $3.60; Arkansas Bliss Triumphs US No. 1, $3.90; Victory grade $3.60: Oklahoma Bliss Triumphs Victory grade $3.61-75; Texas Bliss Triumphs Victory grade $3.60-90. ROAD BOARD JAUNT SALEM, June 18 (fP) The state highway commission an nounced today its next meeting would be held July 6 and 7 in Portland, after which it would tour the state to discuss post war projects with county courts. GRANGE RESOLVES YAKIMA, Wash., June 18 (VP) The Washington State grange in convention here resolved yester day to urge the government to, keep Japanese in relocation cen ters for the duration. CHICAGO, June 18 (IP) Grains moved within a narrow range today, but managed to dis play a firm undertone in an ex tremely quiet market. At one time wheat was up almost a cent, but selling later in the ses sion cancelled much of this gain. Oats and rye were ahead small fractions most of the day. There was an absence of news to influence price trends. Crop reports continued relatively fa vorable, causing some covering by traders who had previously gone short. The general disposi tion of most grain men, however, was to adopt a waiting attitude toward the market. At the close wheat was 1-1 higher, July $1,431, September $1.43 1-i, corn was unchanged at ceilings, July $1.05, oats were up 1-1 and rye was ahead 1-i. If you want to sell it phone The Herald and News "want ads." ?124 The highest temperature of the year was chalked up Thursday when tho weatherman toduy an nounced a maximum of 84 de grees. This was the highest tempera-, ture slnco October 6, 1942. when tho thermometer reached 86 degrees. Minimum for Thurs day was 47 degrees. Exclusion Act Repeal Sought By Methodists PORTLAND, Juno 18 (.1') Re peal of tho oriental exclusion act was sought today by Oregon's Methodist women for all except the nationals of countries with which the United States is now at war. The Women's Society of Chris tian Service, meeting during the annual Oregon Methodist con ference, included In its resolu tion the hope that after the war "all orientals may be placed up on the same (immigration) basis as people from other sections of the world. Lay elections of the confer ence yesterday included: S. L. Mackin, Cottage Grove, general conference delegate; Clyde French, Salem, jurisdic tional conference delegate with ur. w. H. Pollard, Springfield, and Clyde E. . Williamson, Al bany, alternates. ' The United States uses about one-half of the total world's out put of newsprint annually. Walls of Ancient Hotel Yield Strange Skeletons PORTLAND, Juno 18 (IP) Tho skeletons (figurative) in the walls of the old Glcnwood hotel make the work of tearing down tho old Tha Dalles lnndmnrk ex tremely interesting, E. C, Kru gor, Salem contractor, engaged in tho work, declared hero lust night. The old building, owned by Wasco county, was condemned. Krugcr wus tho only man to bid on tho wrecking Job. - In ono wall Krugcr found a series of secret shelves "prob ably used to hide whisky in pro hibition days." In another wall ho found a marijuana cache. Other odd gleanings from the walls of tho miciont building in cluded a minor's cundla holder. "Don't ask me how it got there," he commented. Under an old carpet Krugcr turned up a purse containing two railroad pay checks issued to Juan Diaz in 1931, one for $27.20 and one for $27.25. "I found out Diaz did not occupy tho room so I suppose the checks were stolen by a thief who was afraid to cosh them," said Kruger. Lumber from the building, erected in 1872, brings about $25 to $40 a thousand feet, Kruger said, and "folks are grubbing everything I salvage. There were about 100 windows. All of them have been spokon for. Heavy stuff down below sometimes runs 30 feet in length without a knot in it. It is just as sound as when it was installed in 1872." Kruger said water marks made in the 1984 Columbia river flood were still vlslblo on parts of tho building. "I think Tho Dalles must ill ways have hud a goad f Iro de partment," Krugcr observed. "Apparently thera had boon a flro in every other room In tho building. Why tho wholo pluro didn't burn is a mystery to mq. "There wore soven roofs on the building. Layers of nails were so closo that snino of tho upper ones glanced off the lower. Ilnvo to peel tho roof In sec tions." Kruger was on hunting trip In The Dalles vicinity when he learned tho old hotel had been condemned and bid on tho Job. "My help quit to go cherry picking now I'm alono on tho Job." About 75 per cent of the earth's surface remains unex plored the port that Is covered by water. Bov Area Has Another Alert , .. ... , SAN FRANCISCO, June IB (IP) Tho San Francisco buy ureu un derwent lis 27th nlr ulort of tho war last night, lusting 37 mln uh-s. Radio stations were ordered off tho air In tho buy area and at Sacramento. Tho preliminary, yellow, warning wos given ut 10:48 p. m., the blue alert at 10:84 p. m. and tho all clear at 11:25 p. m. There was no blackout. Thcro are 75,533 miles of high ways in the atuto of Colorado. i811 Salt makes them taste their best -v 1 1 rn Whn It rofoi if pouri Plain or Iodized FOR JAMS and JE11IES J4 f TtHD(32GB GdH SUGAR -'"Sy r L 50e 100 ff "-YSOL Aspirin f ECPJ?M ft 47c Tablets SALT c 56r- 31e JJ PABLUM 37c 39c at your dealer 's in refinery-packed containers CLOROX KEEPS FAITH WITH ITS USERS ,vmn.-rAAft'hirvM "tfl " i Yfetp pQ flte mm M 11 ii,I!LW-uiu. 11 TrlERE is no reduction in Clorox strength or quality. 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