PACE 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