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PAGE TWO
HERALD AND NEWS, KLAMATH FALLS, OREGON
Autruit 27, 194S
LEADERS DRIFT
TO LOIN LEVELS;
BONDS STEADY
Br VICTOR EUBANK
NEW YORK, Aug. 27 (VP)
Leading stocks developed an Ir
regularly lower drift in today's
market. An opening attempt to
extend the recent mild recovery
failed. . Bonds were relatively
steady.
Professionals, brokers said,
were disposed to cash even the
meager profits and retire to the
safety lone to await possible
weekend eventualities.
Gold mines, scattered aircrafts
and industrials did fairly well at
the start but the majority back
ed down from best levels In the
final hour and near-closing de
clines of fractions to a point or
so were well distributed. Trans
fers were around 400,000 shares.
In the backward class were
V. 8. Steel, Bethlehem, Southern
Pacific, Santa Fe, General Mo
tors, Chrysler, General Electric,
U. S. Rubber, Montgomery Ward,
Anaconda, Texas Co. and Amer
ican Smelting. Some mines re
corded a new high for the year
before encountering opposition.
Resistance was displayed by
Homestake Mines, Mclntyre Por
' cupine, ' Douglas Aircraft "and
Johna-Manville. ' ' " I
Closing quotations
American Can . 801
Am Car & Fdy 35
Am Tel & Tel 1551
Anaconda 26
Calif Packing 251
Cat Tractor 4tSJ
Comm'nw'lth & Sou 11 16
General Electric 36 i
General Motors 514
Gt Nor Ry pfd 27 1
Illinois Central 12
Int Harvester 671
Kennecott 30 i
Lockheed 17t
Long-Bell "A" 8 J
Montgomery Ward '47
Nash-Kelv Hi
N Y Central 151
Northern Pacific 131
Pac Gas & El 29S
Packard Motor 3!
Penna R R 261
Republic Steel 16S
Sears Roebuck ., 84
Southern Pacific 26 J
Standard Brands 61
Sunshine Mining ... 51
Union Oil Calif 19
Union Pacific 97J
U S Steel ..: 51
Warner Pictures 121
LIVESTOCK
SO. S. F. LIVESTOCK
SO. SAN FRANCISCO. Aug.
27 (AP-WFA) CATTLE: 30.
Nominal; for week, 700, steady,
medium to good steers $13.00
14.00, few loads fat grass range
cows $11.50-12.00; aged medium
cows $3.50-9.25, around 200
dairy cows $7.00-8.25; medium to
good bulls $9.00-11.00. Calves
none; nominal.
HOGS: 73. Steady: load good
250 lb. barrows and gilts $15.10,
closing top; for week generally
40-SOc lower; odd good sows
$13.00.
SHEEP: 750. About steady.
Few decks common to good
shorn lambs offered. For week,
10.000. bulk $11.00-12.00: about
1600 shorn ewes medium to good
$3.00-6.50.
Potatoes
CHICAGO. Aug. 27 WV'-Po-
tatoes, arrivals 71; on track 127;
total US shipments 797; supplies
light, market firm for best
stocks; Idaho Bliss Triumphs
$3.15; Idaho and Oregon Russet
Burbanks, $3.30-45; Colorado
Bliss Triumphs $3.15; Nebraska
Bliss Triumphs $3.00-10; Wis
consin Cobblers $2.40; Wisconsin
Chippewas $2.60.
In one minute of combat a
flight of 50 fighter planes shoots
seven tons of copper.
PORTLAND. Ore., Aug. 37
(AP-USDA) CATTLE: Salable
25, total 50. Calves: Salable 10,
total 25; mostly a cleanup mar
ket, demand very narrow for all
classes, practically no steers or
heifers offered; week's best grass
steers $14.00, strictly good fed
steers lacking; best spayed heifc
crs $13.25; others mostly $12.25
down; canner and cutter cows
$4.00-6.50; few common beef
cows $8.00-50; week's top beef
cows $11.65; medium to good
bulls quoted $9.00-11.00; odd
good to choice vealers $13.00;
cull to medium grades $7.00
12.00. HOGS: Salable and total 50;
market steady; odd head good to
choice lightweights $15.50, ex
treme top late Thursday $15.65;
good sows mostly $12.00; choice
r i t ii n n i v
o A I u n v A I MW.nimx
MIDNIGHTCJvi-MilD
THE ESQUIRE JOINS IN THE
'im -n :! m mum
arrmMnrr:, (iCTlto HenT,
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EG VJHY THE VILLAINOUS JAP
WAR LORDS HAVE GOT
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tuft on;
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(TMAROO TOM NEAl
J.CAIROl NAISH OBIT
tYAN OlORIA HOIDIN
MMkrlDWARD OVMTRYK
, The sensational picture that shows
the "Sons of Heaven" at their "honor-,
able"duties of torture, treachery and'
carnage-harsh truths that will make;
you recoil with shocked amazement,
las you boll with fighting anger! -
NOW 'PLAYING
SHOWS 2-7-9
NEWS O SPORT
light feeder pigs, quotable to
$17.00 or above.
SHEEP: Salable 300, total 750;
market steady on kinds avail
able; few good spring lambs
$11.80, common to medium $9.00
10.00; culls down to $5.00 and
below; liberal share receipts
feeders, good light shorn feeders
$9.00, wooled feeders up to
$10.50; medium to good ewes
$3.73-4.25; common down to
$1.50.
CHICAGO, Aug. 27 (AP-WFA)
Salable hogs 8000; total 11,500;
weights under 250 lb. fairly ac
tive, 10 cents higher; heavier
weights and sows opened strong
to 10 cents higher; later, trade
and bulk sales weights over 230
lb. and sows only steady, stronR;
good and choice 180-240 lb.
$14.90-15.10, top $15.15; 240-270
lb. $14.75-15.00; 270-350 lb
$14.50-85; few 140-170 lb. $13.75
14.75; most 350-500 lb. sows
$13.65-14.10: choice lighter
weights to $14.25.
Salable, cattle 2000; salable
calves 500; general steady trade
although cow market close weak;
steers very scarce, but eastern
order buyers and local killers
quickly cleaned up available sup
ply good and choice offerings at
$15.00-16.00; latter price top
paid for two loads scaling 1140
lb.; 1400 lb. Missouri fed steers,
fat but rough $15.90; medium
grades very scarce at $12.75
13.30; heifers steady; scarce,
mostly $13.30-15.25; best $15.50;
run largely cows and lights and
medium weight bulls; cutter
cows $9.25 down; most common
and medium beef cows $10.00-
11.50; brisker demand for bulls
at $9.50-13.00 according to
weight and condition with heavy
shipper sausage offerings to
$13.60; vealers fully steady at
$15.00-16.00.
Salable sheep 1500; total 11.'
TO u
E
E
NCOURAGED
BY 10
SAN FRANCISCO, Aug. 27
(fP) Tho war food administra
tion announced today it would
make potato loans this fall to
encourage storage of the 1943
crop for 1944 marketing.
On Irish potatoes, loans will
be graduated and based on sup
port prices announced lust
spring. Growers and cooperative
associations will be eligible. Pa
cific const support prices range
from $1.80 to $2 cwt.
Potatoes stored In approved
warehouses will be good for
loans at 35 cents per 100 pounds
under the support prices up to
December 1, when an additional
20 cents will be payable to off
set storage costs, with another
10 cents rise in the loan rate on
January 1.
The Irish potatoes will be tak
en on a field run basis, with
rates adjusted to the percentage
run of U. S. No. 1. Where there
are facilities, lower grade pota
toes will be diverted to starch
and flour.
WHEAT
CHICAGO,. Aug. 27 (P) A
strong demand for oats In the
cash market, where prices wcro
tlio highest in 23 years, Impart
ed firmness to all grain futures
today. Profit-taking appeared on
the ndvanco and most gains were
confined to fractions, with near
by deliveries showing tho larg
est upturn.
The September oats contract
at one timo sold at tho best levels
slnco 1S20, but hacked down
later. Activity was only moder
ate as many traders preferred
the sidelines In view of tho fact
Marvin Jones, war food admin
istrator, was scheduled to dis
cuss tho new food program on
tho radio tonight.
Closing price's were around the
day's highs with wheat up l-Jc,
September $1,451, oats ac high
er, September 74c, and ryo Ic
lower to a cent higher, Septem
ber $1.03M. The loss in rye and
oats was confined to the July
contracts, the most distant de
liveries traded.
Classified Ads bring Results.
NEW TODAY
500; sheep ajd spring lambs
generally steady; choice Wash
ington lambs held above $15.25;
several odd lots good native
$14.50; steady; thee or four
decks medium to good native un- j
sold along with' above mentioned ;
high dressing Washington spring !
lambs: small packages good na
tive ewes $7.00-25 with medium
kind $6.00-50.
C fc -. i rt fersS 23
John Wayne
In
'RIDE 'EM
COWBOY"
.'' and
r4-?;T?v:-'ii
Western Pine Orders
Jump; Production,
Shipments Fall
PORTLAND, Ore., Aug. 27 (T)
Orders for western pine lumber
showed an Increase for tho week
ending August 21 over the pre
vious work but shipments and
production foil off, the Western
Pino association reported today.
Orders totaled 84,361,000
board feel compared to 74,101,
000 the previous week and 90,
672,000 for tho corresponding
week last year. Shipments wero
82,031,000 to 66,521,000 the
week before and 107,330,000 a
year ago. 'Production amounted
to 03,747,000 while It was B5,.
885.000 the previous week and
104,050,000 last year.
Continuous from 1:00 P. M.
Starts TODAY
'" ": A MIRRY v
MUSICALIOMBSNIIU
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A mass production X-ray mi-
chino Is capable of Inspecting as
many as 17,000 airplane castings
In 24 hours.
rmrh Klkl Cuvlor of tht
Cubs keeps his streamlined fig
lire by pitching batting practice.
LAST TWO DAYS
J'VSJ,mi fflwi
I Maria KONTEZ u
Jon HALL if
Starts
yllJ-i THUNDEROUS STORY I
m srrr P$ r of the men of the j
m pp. i. MERCHANT MARINE j
I RAYMDNO HASSFffi HALE sMsM '
If TTrTrn rVTI I last times today I I
Vp ' M I In Person WALT SHRUM ss
T Y j H krl M I rniftPAPQdHiLL.RiLiiF
O On the Screen - "LADY BODYGUARD"
gl Tomorrowo
CONTINUOUS FROM 1:00 P.M.
OWL SHOW 12 MIDNITF
HPS BACK FROM 'CASABLANCA'! HIS ALL-TIME BEST!
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