Herald and news. (Klamath Falls, Or.) 1942-current, December 19, 1949, Image 2

Historic Oregon Newspapers

Herald and news., December 19, 1949, Page 2, Image 2

Image provided by: University of Oregon Libraries; Eugene, OR

About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Dec. 19, 1949)

Prev Page of 16 Next Prev Issue Next Text PDF JP2 (2.6 MB) Clip/Print Image

Return to Top

Prev Page of 16 Next Prev Issue Next

Newspaper Page TextFACE TWO HERALD AND NEWS, KLAMATH FALLS. OREGON MONDAY, DEC. 18, 1849 MARKETS and FINANCIAL STOCK AVERAGES Compiled by The Associated frees ftmwiber It Mind. : 15 Halls Monday Previous day Week mo Month ago -Year ago Net change . . 100 2 .100 3 . . n.i - Ml . D.l sat Ml 382 S5 US unch. 15 I'M. 43 1 ' 43 I 421 42 30 unch. M Slack TO 11 0 70.0 M4 64 I Da GRAIN PRICES TREND DOWN OHICAGO. Dec 1 (Vt The price trend In grains was downward en the board ol trade today. Deferred deliveries lost the most ground, but even with them the extent ot the decline was not large. At times December wheat and corn moved above the previous close on short covering. Trading In all December contracts ends tomorrow. There also was some mill buying ot what following a government re ouest for 166,000 sacks of flour. Wheat closed K-1S lower, December $3.31-3 20 T: corn was lower to" higher. December !J0,-.: oats were S to 1 cent lower. De cember 77-78H; rye closed 1 to 2 cents lower, December S1.40; soy beans were lH-2 lower, December (2.30V,, and lard was 12 cents lower to S cents a hundred pounds higher, December 111.30. Wheat- Open High Low Cl December 221s 2.22. 2J0S l-.20'. 2 14';-V 2 14 2 US 213",- July September 1.17 a 1M1! 15 . 16 15 'a IM Stock Market Slows Down NEW YORK. Dec 17 1 The stock market took a breathing spell today at the end of the fastest week of the year. Except In a few isolated cases, leading Issues jogged along with only minor variations in price. Many refused to budge one way or another. i . : TRcAl 1 1 it " , Tk 400 City Werle SATURDAY! Igsdilldj ENDS TODAY 1 YICTOn KaTURE' LUCILLE BAu 1UZABETH SCOTT OKXTTUFTS-lLOrONOUM i ljj pAy ni-y' I 'I Farewell Engagement! COMPlTH intact! Issctfy ss Origlssny itnnl Metiaee' et 2:00 Oae (veelof f erte seace et I a. a. DmhOsm At liJOajHte. as. funs o. eszncxrg Production of Woomrc unoaxL'i. mm WITH THE WIND urrfefef CLARK CAM - VIVIIM HIGH Usui nowakd wUVIA N HAVIUANO . The tempo of trading was well below any other session during the week. Turnover was at a rate of around 650,000 shares for the two. hour day. Alleghany Corp. preferred shot ahead of the market with a rise of more than 4 points at one time while the common Improved frac tionally, both stocks establishing new highs for the year. The com pany today Invited holders of the preferred and prior preferred to tender all or part ot their holdings for other stocks In Alleghany's port folio. Alleghany .is a holding com pany. Interest in motion picture issues picked up near the close. Other strong spots Included Ex-Ceil-O, Standard Oas Electric M preferred, and Trans-America. Selective buying for corporate bonds developed. American Csn 100 Am Power A Lt 14 H Am Tel Tel 1S Anaconda Bendix Aviation . Beth Steel Boeing Airplane . Canadian Pacific Caterpillar Chrysler Cons Vultee Continental Can Crown Zellerbach Curtiss Wright Douglas Aircraft DuPont de Nem General Electric General Motors Goodyear Tire Int Harvester Int Paper Kennecott Libby McN !' Montgomery Ward Nash Kelvins tor Nat Dairy N Y Central Northern Pacific Pac Am Fish Pac Gas ex Elee - Penney J C Radio Corp Rayonler Reynolds Metals Richfield Safeway Stores Sears Roebuck Southern Pacific . Standard Oil Cal . Studebaker Corp Trans-America Union Oil Cal Union Pacific United Airlines U S Steel Warner Bros. Pic Woolworth . 38 S . 3i . SIS . 23'. . 14 . 36. . 63'. . . 3' . 28 K . 7'i . 68'i . OU . 41 . 6S . 43H . 2 . 68 . 61 . 74 . 64 . 15V . S8S . 10 . 18S . 13H . 33 . 56 . 134 . 274 . 204 . 34 . 314 . 43 . 4 . 54 . 244 . 184 . 274 . S3 . T4 . 2H . MS , 47 PORTLAND SPIDS i POTATOES Oregon Deschutes Russets. No. 1-A, $3 75-85; 25 lbs-(1.00-05: 15 lbs- 56-Oc No. Is, extras, 4 .10-25. SAFE LANDING LONDON. Dec. 1 WV A British airliner with 10 persons aboard made a safe crash landing today after its undercarriage jammed None of those aboard was Injured. V fStA rWepar) SUB-NORMAL No. Hbj lsnt a submarine rising out of San Francisco Bay. It's the pue seiner King Phihp bcuig toa-ed to an Oakland. Calif, drvdork after she went aground off Monterey, Calif. She was - partially refloated with empty barrels In her bold. j . ' : -P i. HOME ON THE RANGE Mrs. Ralph E. SmaSeld of Detroit Is definitely at home on the range, having won $50,000 in a national recipe contest held by Pillsbury Mills in New York. Samples of Mrs. Smafield's prize-winning "Water-Rising Nut Twist are on range. 1-7' 1 r::"" ... - --ss-sk,,,ai (NZA Trlrphoin) WHAT'S GOING ON HEREr-Maureen and Jimmy Radigan. 24 years and four-months -old. respectively, double up for their bath at their home in Elmhurst, N. Y, as the water-saving campaign hits high gear In New York Bute. Maureen keeps her composure, but Jimmy, not used to having ladles In the tub, wants to know, "What's going on here?" Their water-conscious mom. Mrs. Dorothy Radigan, shows no sign of letting up on scrubbing. Want Ads don't cost they pay! nmm ten mi HAVtR musaiin svs 2 if SAWUX. POOHB OFEW :! 'mi PORTLAND EGGS EGGS To wholesalers: A grade large, 40-42 4c doz.; A grade, me dium, 36-374c; small, 354c; B grade, large, 39-40C. V.L Roberts, SP Vet, Dies In Dunsmuir DUNSMUIR Death claimed one of Dunsmutr's best known residents Saturday night with the unexpected passing of William Lee Roberta, 71, retired Southern Pacific engineer. Mr. Roberts had Just returned to his home on Oak street from an Odd Fellows Christmas party when he suffered a heart attack. He had been In poor health for the past few months fcllowlng a stroke. Since his retirement he had oper ated a paint tuslness at his home. Mr. Roberts was born at Red Bluff. Calif.. June 30. 1878. and moved to Dunsmuir In 100. He started firing for the SP in May, 100, and was promoted to engineer In lo. He retired In July. 140. Mr. Roberts was a 40-year mem ber of IOOF lodge No. 120. and a member of the Brotherhood of Lo comotive Engineers. Re wss married In 1908 to Flor ence Dorrell of Dunsmuir. 8urvlvors, In addition to the widow. Include three sons, W. E. Roberta of Weed. A. D. Roberta of Hayward. O. W. Roberts of Sac ramento, and one daughter. Mrs. R. E. Bectel of Dunsmuir: six granddaughters, two grandsons, one brother. Joe Roberts of Oerber and one sister. Mrs. Violet Clem enson ot Monmouth. Ore. " Final rites will be held Tuesday at 2 p. m. in the Metriodlst church with the Rev. P. Elmer Smith of ficiating. Arrangements are by the Odd Fellows lodge and Interment will be In Dunsmuir cemetery. Tulelake Yule Party Draws Record Crowd TULELAKB Noses weren't counted at the big Christmas party given Saturday for kiddles of this part of the basin by Tulrlske mer chants and the Klwanls club but It was th biggest Christmas party on record. Hundreds of costumed youngsters competed In the parade for the many fine prises of toys offered tor the winning entries. Names ot the winners were not yet compiled to day althouah each winner took home a trophy. Judges Judges of the parade which marched down Main street from Earl's market to th big lighted Christmas tree at the bank comer J were mayors ot the three local ; towns. Dr. F. E. Trotmsn, MerrlllJ Kmll Totfrl. Malln, W. R. Moore, Tulelake: Kenneth Rudlslll, Tule-1 lake post master, and Isabel Barry of the Tulelake Reporter. Barks of treats filled by Klwanl- ! ana and their wives went to all the j young guests. There were musical I numbers by the grade school band under the direction of Mrs. Verla Parker. i Good Retting The town had a gala apoearanre with Christmas lights and window decorations. Carols were brnadcsH. The weather was perfect, with lit tle snow. The parade got under way at 1:30 p. m. and following the trek up Main street the youngsters were sr efts of Vac Kallna, manager of the Maroha theatre at a free show. Portland Wheat POHi-LANO, Dec. 1 IA" Cash Grain: O.U. No. 2. 3 lb. while, 167 00; barley. No. 3. 46 lb. B. W 150 60; No. 1 flax, l.6. Crsh Wheat ibid): Soft while and suit whit excluding Hex, and White club, all 12.304. Hard Red Winter: Ordinary 13 304. 10 per rent (2 304, 11 per cent 2.31, 12 per cent 1323. Hard WhIUr ilsnrt: Unquoted. Today's Car Receipts: Wheal 170, barley , flour II, corn 21, oats 3 and mlllfeed II. DnnTUKin tvr la IAP-UHDA1 Cattle, salable 2160: market sin in ly uneven but genrraiiy sieaay; top (1660 for load good 1060 lb. ierlnirnlally fed steers; seversl loaiU hmh iniHlliun-low loud f4 steers (34 00 26 IK); common . a medium steers (17 00-21 60; trw loads high medium-good ted hell, ers (33 36-2125: low medium half, rrs (lMi-20 0(); common grsdea (14 00- 17 60: rainier culler cowe lariirly (11 00-13 60; shells down to (10 no; rommcin medium cows (13 00-1(60; good young rn, (17 00-60: good beet bulls mostly (17 60-1(00; rommnn-medlum sau. sage bulls (14 00-1(60. nitiTiNii homme LONDON. Dec. II (At- Britain' first )et bomber, the sleek medium range "Canberra," la now In quan tity production, Ita makers said Unlay. MEN'S ARGYLESOX IN COTTON AND ALL WOOL Fto295 at HARDY'S 820 MAIN OPEN FRIDAY NITE 'TIL 9 P. M. LIVESTOCK CHICAOO. Dec. 1 (AP-USDA Salable hogs 14.000: fairly active, 2 5-60 cents higher than Friday on butchers: sows 26 cents higher; top (18.50 psid rather freely for choice 180-210 lb.; most good and choice 160-210 lb. (16 00-K&0; 230-260 lb. $15 50-liSS: 250-20 lb. (1600 15.50: few 300-330 lb. (14.75-16.00: most sows under 450 lb. (12.75-13.50; few (13.75: 475-600 lb. (110-120: good clearance. Salable cattle 10.000: salable calves 600; steers and heifers uneven, steady to 60 cents or more higher: other classes steady; high-good and choice fed steers and yearlings (35.00-3 00; two loads choice long yearlings held above (300: bulk good grade steers (27.50-34.50: me dium to low-good shortfeds (21.00 27.00; load common steers (KM: few choice heifers (30.60-31.50: most medium and good heifers (20.50 27.50; most good cows (18 50-17 JO; common and medium beef cows (1425-1625; canners and cutters $12.00-14 25: medium and good ssu sage bulls (18 00-20.00; bulk medium snd good vealers (24.00-28.00; few cholce'(29.00; medium to low-choice feeding steers and yearlings (1S0- 23.00. Salable sheep 2500; slaughter BRITAIN All ftgeret are ia saillioM (4 dollars. "''.'';,....,, ,... ,,.1,1.1., ,., ESQ 2756 NCt,,,,,. ., ,.,.,. Firei 751 NETHERLANDS tea m ITALY rra 103 OTHER ERP NATIONS Ej 189 REST OF THE WORLD 297 Principal . I. ' I-1, I Interest I Om Gold tar - $500,000,000 Foreign countries re obligated to repay the United State about 113400,00000 over the next SO rears, according to th U. S. Com merce Department. Britain ia by far our biggest debtor, owing ovet ball of the total; Franc 1 next, owing 21 per cent. The newschart above give approximate breakdown of Unci Sam' outstanding foreign credits. Th figure lesve out about 111,400,000,000 in World War 1 debts, and upward ol (60,000,000,000 In grant and gift during World War U, for which no repayment I expected. lambs srsllng IS lb. downwsrd stesdy at (22 50 down: all heavier weights weak: ewes stesdy, mostly ( 50-12 00. s SANTA'S TOPS-Jacob Hud son Nacken, perhaps the world tallest Santa at T feet, t inches In bis Christmas stocking feet. Is here being outfitted by men on stepladder before "going on" it a kiddies' party In New York hospital. To do his "St. Ntckin," Nacken was Imported from Germany. mm CD O" vf Onyx I today' style in ring. We offer today' best value If Onyx. (ft &) ,Wr Jh ' ' M'l y. ii"d Inillll diimond, (nyi J js," I 1 n k n BE Th, 701 Main smsa 'i r? Jewelry Stor of Outstanding Value V St. ' Prion 8821 HMWIMS r A Gift that Keeps on Giving A Musical Gift from Derby s! FOR THE WHOLE FAMILY For the Pre - School Boy or Girl ? un i our isr Harmonica 20c to 20.00 . Blow-o-Tune 1.00 Song Flute 50 Toncttei 1.00 Kiddett Drum and Bugle Corpt outfit enough for fiva youngsters. 2.50 Kiddie Phono 19.95 up .Toy Accordion 1.69 and 3.95 These and mony more oil ideol for pleosure ond starting ot o musicol education for the very young set. stag OTHER SUGGESTIONS FOR YOUR SHOPPING LIST Music Carrying Case From 3.50 Painted Musicol Tie 1.50 NOTHING COULD BE FINER and more lotting than magnificent Magnavox Radio-Phonograp'n. See and hear the many fine models of Magnavox on the bolcony of DERBY'S the magnificent Magnavox is sold In Klomotfi Foils ONLY AT DERBY'S. BUYING FOR A PERSON THAT LIKES REC0RD5 SCHEHERAlDE GRAND CANYON SUITE MOONLIGHT SONATA Many fine clonics ond popular records albums ond singles. A complete stock 33 l3t ond stondard 78 records. both In Of 45t, SHOP FOR EVERYONE AT DERBY'S i--,a-'.r . mm FOR YOUR MUSICAL SON New Student Indiana Saxophone by Martin Alto $185.00 Tenor $225.50 New Old Ambassador ' Trumpet . . 119.50 Cornets 119.50 Trombonei v.. 119.50 Other fine nomes such as Conn-Hollon John Jurek Violins ' Buffet Clarinets r ft rj mm l ws r k mm 120 N. 7th (I Phone 4519 11