Herald and news. (Klamath Falls, Or.) 1942-current, December 14, 1949, Image 2

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Herald and news., December 14, 1949, Page 2, Image 2

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Newspaper Page TextPACE TWO HERALD AND NEWS, KLAMATH FALLS, OREGON MARKETS and FINANCIAL STOCK AVERAGES Net Chang -Wednesday -Previous day Week mo Month ego -Year wo C.aaplM by The Arlate4 DeMnl Mind. A -A Ml ! 978 m 88 4 14 11 Hails 151'UL M Stark A J A .1 A 38 43 101 U 43 7 " 70 3 . Ml 42 69 5 35 4 43 4 H 38.7 M Ml SALES FORCE WHEAT DOWN CHICAOO. Dec 14 (V-84rig pressure directed at December wheat knocked that contract down more than 3 cenu at time on the board of trade today. Weakness In December wheat unsettled the rest of the rain market, although July wheat held steady. Last day for trading In December contracts Is December 30. There appeared to be liquidation In all December deliveries by longs who were not anxious to obtain grain. The downturn came In the lace of substantial export business by the private trade. Wheat closed lower to S higher, December $2iO'i-V corn was unchanged to tower, December 1131 Vi-S. oats were unchanged to b lower, December 77-V. rye was lower to higher. December 141 soybeans were H higher, December 13.30'i-V and lard was 10 to 33 cents a hunarea pounas nigner, mwuki Wheat Open High Low yrr 3 23" 31l. Much J-1X-H 3.31 ' 3.1H Say 3.16-S 3.15S 314'. iul, . IMS. 1-S7H Sept. Close 3J0W- 3J0-' 3H-H 1.87-1.37 Fast Trading Spurs Stocks KBW YORK. Dec. XS WV- The dock market mored Into new high ground for m today in the fastest trading of the year. . , Heavy profit taking sales kept the advance In low (ear. Despite fre quent Interruptions, though,- steady progress was made. Gains ranged from fractions to round a point yith the startling exception of a S3 4 -point Jump In Superior Oil of California. Turnover was above 3,000,000 shares for the full session. High-priced Superior Oil ad vanced S3H to 191 at one time. The company disclosed a plan today to split Itself Into two new corpora tions, one taking the oil assets and the other the natural gas assets of the original business. Stockholders .will vote on the proposal at a spe cial meeting called for December 29. Also up were Santa Fe, D. S. Steel, General Motors, Chrysler, TJ. S. Rub ber, Montgomery Ward, Phllco, American Smelting. Du Pont, Amer ican Woolen. Standard Oil (NJi, Johns-Manville, and D. S. Gypsum. Hanging back were several rub bers, distillers, and assorted Indus trial Issues. American Can &8Ti Am Power & Lt 141 Am Tel Tel 1464 Anaconda , 28 Bendix Aviation , 37 Beth Steel ; S3 Boeing Airplane . 24 Calif Packing ' 38 Cenadlan Pacific 14T4 Case J I 39 ii Caterpillar -Chrysler Cons Vultee . Continental Can Crown Zellerbach Curtiss Wright Douglas Aircraft Dvpont de Nem General Electric General Foods General Motors Goodyear Tire Int Harvester Int Paper Kennecott Libby McN ft L Long-Bell "A" Montgomery Ward . Mash Kelvins tor Nat Dairy N Y Central Northern Pacific . Pac Gas Elec Pac Tel Tel Penney J C , Radio Corp Rayonier Rayonier Pfd Reynolds Metals . Richfield Safeway Stores Sears Roebuck Southern Pacific . Standard Oil Calif . Studebaker Corp . Sunshine Mining . Trans-America Union OH Calif Union Pacific United Airlines vi). B Steel Warner Bros Pic . Woolworth . 3514 . 65 . 10 . ST . 29 "4 . 7 . 74 - 81 S . 42 . 48 N. . 70 - 43 . 29 . 68 . SOH - 714 . 314 . 84'4 - IS 384 - 10 H - 14 . 324 .1034 . S44 - 13 "4 274 - 304 . 20l - 384 - 324 434 494 - 654 - 254 104 - 154 274 - 834 - 134 274 - 18 47X Klamath Basin Potato Shipments 1941 1948 December 13 25 62 Month to date 244 435 Season to date 2183 3567 To Buy or Sell Use the Want-Ads I LIVESTOCK PORTLAND. Dec 14 (AP-USDA Salable cattle 350. market active, steady to strong; sorted load good 1060 lb. fed steers 825.00: medium 821.00-23.50; few medium heifers 818.50-21.00; common mostly 815.00- 17.00; light cutters down to 811-50; canner -cutter cows 811-00-13.50; common-medium beef cows 813.00 16.00; good light cows up to 816.50; good bulls 817.50-18.00: common medium sausage bulls 814.00-16.50. Salable calves 100: market active. strong; good-low choice vealers 823.00-25.00: one lot medium-good 400 lb. calves 822 OOv?) bulk common medium calves and vealers 314.00- 30.00: culls down to 89.00. Salable bogs 125; market rather slow, about steady with Tuesday's average; good-choice 180-230 lbs. largely 817.00: few fat type and medium grade kinds 816.50: good choice 250-300 lbs. 815.00-50; good 350-600 lb. sows 813.00-14.00; lighter weights up to 814.50: medium-good feeder pigs 316.00-17.00: choice quotable to 317.50; good 513 lb. stags $13.00. Salable sheep 300; market active, fully steady: good-choice fed lambs mostly 821.00; medium 319.00: com mon down to 317.00; medium year lings 81500; good slaughter ewes salable 36-50-7.00; common down to 35.00. SOUTH SAN FRANCISCO, Dec. 14 (AP-USDA) Salable cattle 125; supply mostly cows: early sales fully steady: Tuesdsy load medium 914 lb. steers 325.00 small lots high medium 850 lb. heifers 823.25: toad good 1060 lb. beef top cows 318.50: calves none: Tuesday odd medium vealers 324.00-26.00. Salable hogs 100: steady; good choice 190-340 lb. butchers 31675: good sows $13.50; few good 587 lb. sows $13.00; Tuesday good-choice feeder pigs $18.00-75. Salable sheep 500: no early sales; Tuesday moderately active, steady; short deck good-choice No. 1 pelts and fall shorn 83 lb. lambs $23.25; one lot medium fall shorn 81 lb. lambs $22.00: deck good 128 lb. Ore gon ewes $11.50; common-medium ewes $7.00-9.00; good feeder lambs $21.50; medium 69 lb feeders $19.00 CHICAGO, Dec. 13 P fUSDA) Salable hogs 18,000: mostly 25 cents lower on all weights and sows; closed slow at decline with some bids around 50 cents lower; most good and choice 180-220 lb. 15.25 15.75: around one load 1550: most 230-260 lb. 14.75-15.15: 260-310 lb. 14.40-14-85: bulk good and choice sows under 450 lb. 12-50-13.00; 475 600 lb. 11.25-12.25. Salable cattle 7000: salable calves 600; steers and heifers stow; steers grading average-good and choice steady to 50 cents lower; common to low-good grades 50 cents to 1.00 lower; heifers steady to 50 cents tower; cows steady to strong; bulls weak; vealers strong to 50 cents higher; most good to low-choice steers 27 00-35.00: load 1120 lb. weights 3650; bulk medium to low good steers 2000-26.50: common down to 18.00, most medium and good heifers 20 00-2750. Salable sheep 3500: not enough done on slaughter lambs to make a market: bidding weak to 25 cents or cents or more lower; yearlings weak: ewes steady: deck fed western ewes 9.00 for common end with good top end at 11.00. POTATOES CHICAGO, Dec. 14 AP-USDA Potatoes: arrivals 82, on track 267; total U. 8. shipments 582; supplies moderate: demand good; market firm; Colorado Red McClurts 82.75: Idaho Russet Burbanks 84 00 60: Michigan round whites $2.30: Minnesota-North Dakota Red River cSlf kLfe&r mm I Open aE? FRIDAY Saata will be babble Friday Nites Til Xmas at Wards 7 to I p. at. to bring free bble gum to the kiddies. f I rrn , , r- i It . "VEEP" SURVEYS CAPITOL REPAIRS-Vlcs President Alben Berkley, on rostrum, looks over the new ceiling of the Senste Chamber. The white steel dome will have In its center a glsjj-snd-bronze seal of the United States, Gone are the temporary steel girders which were put up in 1941 to bolster the sagging roof. ! PACKETS ON PARADE Fear twin-engined. 64.008-peand Fsirchild C-1H Packets fly aver the plant at Hageretowa, Ma., before moving to Air Force bases for cargo-transport ute. Tempo Slows At Florida r White House EY WEST. Fla, Dee. 14 (Jl Work at the temporary White House slowed down to little mora than routine today. President Truman delegated most of what there was to do to John R. Steelmsn, assistant, and Clark M. Clifford, special counsel. They In turn delegated to staf fers In Washington necessary leg and research work to get the "state of the union" message Into shape for final consideration by the full cabinet before the last draft Is written at the White House. The president, lt hss been made clear, will urge congress in a per sonal appeal in January, for that . How he proposes to ral.se enough part or the "Fair Deal lt Mused new taxes to on set a prospective to pass this year. 'new deltcit has not been disclosed, valley Pontlacs $2.40 unwashed, 33.00 washed; Washington Kussei Bur banks $4.25. Portland Wheat PORTLAND. Dec. 14 P Wheat: Cash wheat bid ; soft white $2,204; soft white (excluding Rex) $2,204; white club $2,204. Hard red winter: Ordinary $2,204: 10 per cent $2,204: 11 per cent $2,204; 13 per cent $3.23. Today's car receipts: wheat 39: barley 4; flour S; corn 7, oats I. millfeed 8. Portland Potatoes Potatoes Oregon Deschutes Rus sets. No. 1A. $3.75-350; 25 lbs, 81.10; 15 lbs.. S7-70C. No. Is extrss 84.25- 35. Wash, netted gems. No. 1, 33.75-90; large bakers, 34.25-50; No. 2, 50 lbs., 31.15-20. KlLl AMA'S EDITOR Dr. Austin Smith of Philadelphia, above. Is the new editor of the Journal of the American Medical Asso elation, succeeding Dr. Morris Fishbeln, who retired. Dr. Smith was nsmed at the AMA meet ing in Washing-ton. - Families Flee pas Fumes In California OAKLAND, Calif , Dec. 14 (IT) Upwards of 100 persons were lore ed to flea their homes before dawn today aa wavea of ammonia gas spread througli 30 square blocks of Wt Oakland. Scores were overcome and many made III. Five were known to have been hospitalism!. A tank car. filled with liquid am monia, waa being pumped out at a lertlliser plant when a pipe spilt and the cargo spilled Into the streets. Oas formed quickly. Warning Eight police cars, with sirens screeching, moved slowly through the residential area warning per sons to flee. Firemen attempted to wash away the ammonia with streams of wa ter. It wss several hours later be fore evacuees began returning to their homes. Battalion Chlif Thomas Dolan said the tank car contained enough ammonia to "kill everyone In the area." Girl Murderer Convicted OODKN, Utah. Dec. It lTl A second district cr.url Jury took only 45 minutes last night to convict Ray Dempsry Oardnri of first degree murder In the rape killing of Shir ley Jean Oreuinger, teen-age baby sitter. The lury did pot recommend leni ency. Under Utah law. this makes the death penalty mandatory for the 28-year- )id Columbus, O man. The defense look only 30 minutes of the three-day trial to prraent Its caw. It attempted to show that Gardner was unbalanced and called only one witness, a Weber county Jail Inmate. Misa Oreuinger. pretty 17-year-old huh school student, waa raped and choked o death the night of July 30. SPUD BULLETIN SAN FRANCISCO. Dec. 13 AP U8DAI Potatoes: 23 broken, 12 unbroken cars on track: arrivals: California I, Oregon 2: market about steady; Klamath Russets No. 1-A. $3.40-60; Deschutes $380. LOS ANGELES, Dee. 13 AP USD A I Potatoes: 16 broken. 17 un broken esrs on track: arrivals: Ore gon 3. California 3. Idaho 1, by truck 31: market firm on Russets, dull on long whites; Idaho Ruwta No. 1-A. $3.75. Under regulations of the federal communications commission a sin gle owner can poosesa no more than five tetevU4on stations. CENTURY-FOX'S CHRISTMAS GIFT To Theatre Patrons All Over the World! 2$ M AJLHR9BI IXCEofJrOXES TYRONE POWER 'ORSON WELLES WANDA HEN0R1X 2Qu '0M$ D4CIMIII 14M IM KLAMATN SAU$ 3MUlTANIOUit.V WITH 0 OTID M4 wotie-wiM raiMiltD ESQUIRE THEATRE STARTS TOMORROW mm 7 ' ririC7 . i I -v v y V uoon open uoiiy o: ju r. m, t gBS jg-g. m m m m m l m DIM Ml mm, . mam 'vilM aWilliam Bishop -John Ireland-Oscar Homolka 3SSB Z MEN WOULD DO ANYTHING FOR ANNA... TILL THEY FOUND OUT WHAT SHE DID TO THEM! r tsss&sy A fTMll tMM 3MCC4$( 4W gsrfuiwvrlosi tchrt Uu n si Wb YmIm i UrtJiwr Uwinl$ m :mt uuiur w rwu$ i m SECURITY UCTUfttt riotitOT" ? .': 1st "LINDY" HONORED Charlie A. Lindbergh, above, the famed "Lone Eagle.", will receive Uie 1948 Wright brothers memorial trophy for outstanding public service in aviation over the past 12 years. The award will be made at the annual Wright brothers memorial dinner In Washington, Dec. 17. Lindbergh became a national hero over night in 1027, when he made the first non-stop solo night WEDNESDAY. DEC. 14. 190 tl al wearnerman Had it Rinht The weatherman often misses by a mile his forecasts fur this high mountain country, but ha hit It on the but Ion yesterday when he prom ised snow lluirlea for today, yolks woke to a light fall early this morning but overcast skies hsd failed to send down any more of the ahlte stulf at noon today. Mercury fell to 34 degrees In the morning end a low of 3$ la fore cast lr tomorrow. "Cloudy" was Vm weathritiana prognostication for the next 34 hours. Motorists could drive any place In Oregon today w.tnout using chains, the state highway rninmlaalon said In Its 3 s. m. road report. Theie aere spots of Ire on the Willamette pats, at Keun, la Pine and around litnd, but sanding crews were busy. Heart Attack Fatal To Henry Keesee Henry Wayne Keesee, 33, died of a heart attack yesterday at his home In Mrdford. Krrsee was born al Bonansa July II, 1837, son of Mr. and Mrs. 11. W. Keesee, and came to Klsmath Palls at the ase of 3. He attended public schools here and later taught In city schools both here and In Mrdford. More recently he has been man agrr of the army post exchanges al Camp White, Mountain Home, Ida, Marysvllle, Calif, and Camp Stoneman, Calif. He returned to Medford several months asj after becoming 111 at Camp Rlonrman. Keesee Is survived by hi wile, the former Helen Condrrv, and two children, Mrs, Louise Boutherlsnd of Pi. Lewi and Oerald Keesee of Medford: his mother, Mrs. Ross Keesee of Klamath Falls: brothers Vernon and William and sisters Mrs. Glen Clullry and Mrs, A. B, Wade. Funeral arransrmenU will be an nounced from Mrdford. E MOVES HERE S . MOVES HERE TOMORROW g ONE DAY ONLY! TUC ins 2 MOST -i a Nimtous yn Q AMIDE 5 EVER SPENTI Til mm fell HCjYOUNC Moiia MtOONAlOl StrOf0 Hart, Dl'MFRlgY!-- X T'l Mft tttts Q Vj Hitliw3f...ri3t wh3iyiriM N J I -MtJKwTWIf -yf J 3i3 3 tkt Uw... tsO otmi wkotg itifj C Csrrl tpeBs 2a R3CHARD VUIKTINA HE I. . BASSAIU JACK MUARD ' fl-UtmmHmmlim . ADDED' LEON ERROL COMEDY . JOY! "I Can't Ramtmlxr" rOPEYE CARTOON NEWS