Herald and news. (Klamath Falls, Or.) 1942-current, December 21, 1949, Page 2, Image 2

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    FAGS TWO
HERALD AND NEWS, KLAMATH FALLS. OREGON
WEDNESDAY, DEC. 21, 1949
MARKETS and FINANCIAL
STOCK AVERAGES
Compiled by The Associated Press
Mae. ertanre
t Tuesday . .
! Previous day
i Week (go
I Month sgo .
j tw ICQ
December M
Mini IS Ralls IS MIL M Storks
DJ D.4 A.l D
.W( MS 432 101
.100 J ' 38 9 43 1 101
.,) 38 43.1 10 3.
I7J ' 36 3 42 St
...U.I 38-3 Ut Ml
GRAINS SLUMP BUT RECOVER
CRICAOO. Dee. 30 MV-Grains recormd from an early decline
at the board of trade today. Trie slump mas Induced by an upward re
Vision of production In the year-end government crop report.
Wheat was the first to start the upward swing on buying credited
to milling interests, reilecung sales ol (lour lor export.
Later corn started to advance on reports that Australia had put'
Chased around two million bushels ol united states corn.
At the finish wheat was lower to IS higher, December MJlS
I33. Corn was " higher to lower, December I1J0-130'. Oats
were H to 34k lower, December 15-TJV Rye was 1 to 1 lower.
December 11.381-1.39. Soybeans were to 3 lower, December
t3.36W-3.214. Lard was 44 to 63 cent a hundredweight lower, Decern
. OCT 811.83-70.
Wheat Open High Low Close
Dee. JJ0V-2JI i22 310", J314-3ZJV
March 2.194-H 230H 3.19' 2.1-;
May 3.13-H 2.144 2.134 2.134-S
July 1.9S4 IMS 1944 1.934-S
BepU 1.854 1A4 195 IM
Mild Selling
Drops Stocks
NEW YORK. Dec 20 WV-Stock
prices backed down today In the
Eace of some mild selling.
The market was moderately active
with losses running from fractions
to around point.
Trading volume was at the rate
af around 1300.000 shares for the
entire day. a little under Monday.
The decline uncovered no partic
ular selling urge either In Indi
vidual Issues or among the major
groups.
Allied chemical was off nearly 3
'points after adding 3 points yes
terday.
One strong point was Western
Union which made another new
high for the year with a gain of
nearly point. Barnsdall Oil was
slightly ahead on a sale of 10,300
shares at 55.
Losers Included International Pa
per, General Electric, Phelps Dodge,
American Smelting, Santa Fe, Sou
thern Pacific, Paramount (old)
Bethlehem Steel, General Motors,
L rated Aircraft and Admiral Corp,
American Can 100 '
Am Power tz Lt 144
Am Tel Tel 148
Anaconda
Bendix Aviation .
Beth Steel
Boeing Airplane
Calif Packing
Canadian Pacific
Case J I
III Slid
I rdc
YOO fl
mm
4
X. I. "Clll CMMOOTTt SALE
SAKALL-GREENWOOD ROBBINS
r
tatral CetW Certeea
"CHRISTMAS, DK AM'
NOVELTY NEWS
Caterpillar
Chrysler
Cons Vultee
Continental Can -Crown
Zellerbach
Curtiss Wright
Douglas Aircraft -Dupont
de Nem
General Electric .
General Foods
General Motors
Goodyear Tire
lot Harvester
Int Paper
Kennecott
Li boy McN & L
Long Bell "A
Montgomery Ward
Nash Kelvins tor
Nat Dairy
N Y Central
Northern Pacific
Pac Am Fish
Pac Gas & Elec .
Penney J C
Radio Corp
Rayonier
Rayonler Pfd
Reynolds Metals
Richfield
Safeway Stores
Sears Roebuck
Southern Pacific
Standard Oil Cal .
8tudebaker Corp
Sunshine Mining
Trans-America
Union Oil Cal
. 28
- 344
. 314
- 234
. 364
. 144
. 38
. 34
. 644
. 104
. 364
. 294
. 14
. 684
. 604
. 414
. 474
. 694
. 43
. 38H
. 614
. 404
. 284
. 214
. 63'i
. 164
. 38
. 104
. 18
. 134
. 33
. 44
. 12
. 24
. 304
. 20
. 39 H
. 31:.
. 43
. 484
. 64 4
. 24
. 94
14
. 27
A.tWtU INCAGIMCMT
5 ams;
H 7r
ni !
fj 6-
COMSlfTI INTACT) tucriy
at OrifMuNv I
2 SHOWS DAILY
2:00 ml 6:00 . a.
r CLARK CAILC
Vmnm UICH-U.I HOWAtO
OJma DeHAVIUANO
Pesri Opea f TrOO
400 CITY WOULD PREMirtE SATURDAY
J- Samuel Shcllabargcr a
TYROHE POWER ORSON WELLES WANDA HENDRIX I
FOUNDLING FINDS A MOM Twenty years ago, Mrs. Betty
Cunningham of Houston, Tex., was labeled "Nobody's Baby after
she was abandoned in a parked car. Now Mrs. Cunningham wants
to adopt the foundling, "Miss Christmas." who was left in a bus
station recently. Mrs. Cunningham fondles the baby she wants
to add to ber own family of two children.
Portland Wheat
PORTLAND. Dec. 21 iPl Cash
Wheat i bid i : Soft white, and soft
white excluding Rex and white
dub. all S2.184.
Hard Red Winter: Ordinary
82184. 10 per cent 83.184. 11 per
cent 82.20. 12 per cent 32.31.
Today s Car Receipts: Wheat 30,
barley 4, flour 3, corn 1, hay 1, mill
feed t.
Klamath Basin
Potato Shipments
December 2t -
Month to date .
Season to date .
1949 1948
11 39
326 569
. 2334 3701
LIVESTOCK
PORTLAND, Dec. 21 tAP-USDA)
Salable cattle 350: market moder
ately active, mostly steady: few me
dium steers 822.50: common $16.50
20.00; medium stockers 81800; odd
head good fed heifers 822.50: medi
um mostly 818.00-20.00; common
314.00-1150; light cutter dairy type
heifers downward to 812 50; canner-
cutter cows mostly 311.00-12.50:
shells down to 810.00 or below; common-medium
beef cows 313.00-16.00;
odd good beef cows 317 00-18.00;
good beef bulls 317.50-18.00: com
mon-medium sausage bulls 314.00-
16.00; cutters down to 312.00: calves
salable 100; market active, steady;
good light vealers 32350-25 00; 360
400 lb. calves 823X10-2450: common
medium calves and vealers 814.00
20.00: culls down to 39.00.
Salable hogs 150: market about
steady; good - choice 180 - 230 lb.
butchers largely 317.00; several lots
138-170 lb. weights 815.00-16 00;
good 350-400 lb. sows, 813.24-14.00:
good-choice feeder pigs salable
around 816.00-17.00; few medium
314.00.
Salable sheep 300: market rather
slow, mostly steady: good-choice
100 lb. lambs 32050; 106 lbs. 820.00;
medium-good light weights 819.00
20.00; common down to $17.00; few
common feeders 315.00: good ewes
up to 3700; common down to 34.00.
CHICAGO, Dec. 20 WV(USDA)
Salable hogs 15.000: slow; weights
under 220 lb. steady to 25 cents
lower; all others 25 to mostly 50
cents lower; sows 40 cents lower;
top 16.60 for one load choice 180
lb.; most good and choice 180-220
lb. 14.74-1650 ; 230-250 lbs. 14.00
1450; 260-300 Tb. 1450-14.00: sows
under 450 lb. 12.25-15.00; few 13.24;
475-600 lb. mostly 11.00-12.90.
Salable cattle 5400; salable calves
500: moderately active; beef steers
strong to 50 cents higher; Instances
1.00 higher; heifers steady to 50
cents higher; cows and bulls steady
to 25c higher; vealers firm; part
load choice 1140 lb. steers 3850;
good to low-choice fed steers and
MOW! POPES OPEN
iu' Irving Berlins jv'j
BIN6CRuSBr -V
x FRED ASTAIRE
Liu liiJ I i -1 1 . 1 . .1 4 ri
1 i
yearlings 28.00-3600; most medium
to low-good kinds 22 00-27.00; com
mon to low-medium 1850-21.00;
toad high-Rood and choice 960 lb.
heifers 30 00: medium and good
heifers 21.00-2150: good cows 16.75
1800; common and medium beef
cows 1450-1650; canners and cut
ters 13.00-14.25; medium and good
sausage bulls 18.00-2000: medium
and good vealers 25.00-28.00: few
choice 29 00.
Salable sheep 3000: lambs weigh
ing 94 lb. downward 24 cents high
er: top 23.25: heavy lambs scaling
100 lb. upward barely steady at
20 00-22-35: ewes fully steady, most
natives 9-25-1150.
SOUTH SAN FRANCISCO. Dec.
21 (AP-USDA) Salable cattle
125, trade moderately active, fully
steady; odd lots high common steers
821 .00 - 23.00; fanner - cutter cows
311.00-14.00; common cows 815.00
calves none. .
Salable hogs 100; trade active,
butchers and sows steady; good
clioice 190-240 lb. butchers $17.25;
odd head sows 31350.
Salable shep none.
SPUD BULLETIN
SAN FRANCISCO. Dec. (AP
USDA) Potatoes: 18 broken. 18 un
broken cars on track: California 3.
Oregon 3. Idaho 1 arrived: 2 arrived
by truck: market fairly steady:
Klamath Russets No. 1-A 83.49; De
schutes 8350.
LOS ANGELES, Dec. 20 (AP
USDA) Potatoes: 14 broken, 14 un
broken cars on track: Oregon i.
California 2 arrived: 37 arrived by
truck; market slightly weaker on
Long Whites, steady on RuueU;
Idaho Russets No. 1-A 33.74.
POTATOES
CHICAGO. Dec. 21 (AP-USDA)
Potatoes, arrivals 90: on track. 279:
total U. S. shipments 446: supplies
moderate: demand fair; market
about steady; Colorado Red Mc
Clures $2.95-310; Idaho Russet
Bur banks 34.20-40; Minnesota
North Dakota Red River Valley
Pontiacs 33.20 washed, red varieties
33.00 washed; Nebraska Bliss Tri
umphs 63.24.
Portland Potatoes
POTATOES Oregon Deschutes
Russets, No. I-A, 83.74-84 ; 24 lbs.,
31.00-05: 14 lbs, 46-60C. No. Is.
extras, 84.10-24.
Rose Heads
Tulelake
Growers
TULELAKE Ivan Rose was
elected president of the Tulelake
Growers association at a meeting
of the board of directors In the
Grower's office Tuesdsy afternoon,
lie succeeds Bam Anderson.
Rose was elected from among di
rectors rather than the entire mem
bership In accordance with amend
ments to the by-laws approved at
the recent annual meeting of the
association.
r.esent for the meeting were Mr.
Rose. D. M. Crawford Sr.. Bert
Johnson, William Kaniira. Marvin
Thomas. Ed Durkett, Ed Osborne,
Keith Buckingham, Sam Anderson
and Olen Smith, mansgrr of the
association.
Mrs. Margaret McLaln Is assist
ing as ofnee secretsry luring the
absence of Mrs. Eslelle Grove.
Server, New
Sheriff In
Modoc County
ALTURAS Ernest R. "Buck"
Server. 42, veteran law officer In
Modoc county, was appointed sheriff
here by the ooaro of supervisors to
fill the vacancy left December t by
the death of Sheriff Otyne Johnson,
killed by the accidental blast of
his gun.
8erver first entered public office
when he wss elected Alturas con
stable in 1934. for 10 years he served
as chief deputy In the sheriff's
office, and for the past three years
has been Modoc county probation
oincer.
The newly appointed oflirer has
resided In Modoc county for 24 years.
Is married and has four children.
New Postal
Records
Being Set
Incoming mill continues to break
all records at the post office.
Monday, postal officials an
nounced the biggest dsy since the
establishment of the post office here
and again todav, they announce that
Tuesday's mall amounted to more
than that received on Monday.
Tuesday cancellation figures ran
to 86.484 pieces of letter mall which
was 401 more than recorded Monday.
Parrel post (or distant cities has
slowed down, officials said, but yes
terday's volume of Incoming par
eels arriving for delivery In this
vicinity was the largest yet received.
Lodge Meeting
Chain Broken
For the first time In 34 years, the
Elks lodge hss called off a regular
Thursday night meeting other than
for holidays.
Last Saturday afternoon's fire.
which blszed out of a cupboard In
the pine room where a heater was
left connected. Is the reason for the
Thursday cancellation. Workmen
are still making repairs to the
rtructure In which some $2500 worth
of fire damage was done.
Shortly after the first of the year
bids will be called for additions to
the building which should run In
the neighborhood of 3140,000 lt was
learned yesterday.
The lodge was occupied lust 34
years ago this week following dedi
cation ceremonies In December of
1914.
Near Seattle
'Quake Recorded
8EATTLE. Dec. 21 I Pi A "weak
but sharp earthquake 30 miles from
Seattle" was recorded on the Uni
versity of Washington seismograph
from 5:46 a. m. to 5:59 a. m. today.
Professor O. E. Ooodspeed said
the direction from Seattle was not
determined.
tlgSHimP'
1; sit iJhiu-.Tr,1:?-.----'..;
;;i;:ii'ii
iili
li7; rrtitaiuiuti
-we
fffin.
" a F gj
REFLECTIONS ON "ONE WORLD" Th all-gl.s. tide of
the new United Nations secretariat building captures and reflect -Nrw
York's East Side skyline Just it the sun fades and tb tvt-
nlng lights begin to go on.
'Ml 4 TpltMmt
CIC THIS MAN FOR SHAVING!-Inrcllnn at the Port of Embarkation In New York found Bgt. Lud
wig Uaiilner (rliilil) ui hut water and on the gig tut for shaving yea, shevuigl Ueraiue of the walrr
shortage In New York State, the Army ruled that the rlty'a bathleas and shavelrsa Friday meant aol- ,
dim, too. Cant. A. M. Pragala lrll, who obvlouilv hadn't shaved. Ukea down the (sots fur the record i
as MaJ. J. F. Buckley lays down the law. The whole tiling gels a smile from Bit. Julio J. Gibson (second) '
from right.
Clothes Size
Clue To
Truck Thief
Wanted! Onj man the site and
shape of The Herald and New s
rlssslfied advertising salesman, llu
bert Totton.
. At least Totton would like to find
this man. Someone, apparently the
same site, dr ive off In Sol Wtrth's
cleaning car lat week.
Wlrth was delivering cleaning and
had only three orders left In his
car. As he made a delivery at
424 High, he lot the motor run
ning to keep the heater warm.
When ha returned, he found no
car. Bute pol'ce notified him two
days later the: had found the panel
In Castle Rock, Wash.
The clothra, on yes. Two of Ilia
orders consisting of a tuxedo suit
snd a ladle's winter rust were still
In the car a Ions with seversl of
Winn's prrsonsl articles.
Missing wss Totton's order con
sisting of ona suit, a sport coat
and two pairs of pants.
VFW Post Sponsors
OTI Yule Party
On Armistice Day Post No.
9670, Veterans of Foreign Wars, Is
sponsoring the thrld annual Christ
mas partv. to be held on the stage
of the OT1 theatre, Wednesday eve
ning, December 21 at I p. m.
Appropriate movies will be shown
and an Interesting program has
been arranged by Post members.
Santa Claus will be on hand to greet
all children and to pass out gifts
of candy.
All students, fsculty members,
employes and their families of OTI
invited.
Snyder Moved To
Vets Hospital '
Fred A. Snriri of Cortes street
in fltewsrt-Leiinox. was moved
north to the trtrrana hospital In
Portland at 3 JO a m. for further
medical care. 8ndrr was Injured
during the ir and has had ex
tensive rare iinte that lime.
Beatrice TiiPiirr of Chllunuln waa
tskrn from her home In Klamath
Valley hospital last night snd
moved from tlirie to Hillside this
morning.
Moved home from Hillside hos
pital today wjs Jack Maylicld. Link
Klver mttasr. Ben Lawyer,
Hprague Hner resident, waa
brought to Hillside hospital for med.
leal rare, and Mrs. Huby Hmilh of
1828 Sargrnt was token to Klamath
Valley hospltil early this morning
for medical attention. The patients
were transposed by Kalers ambulance.
i; . : fj.Tn 1 1 w
i ii n
fJ1allry
..' " -m sw
This week only! Reg. 52.95 KENMORE
5.00 down, S.00 per month
(Usual carrying charge)
A beauty! Now Kenmor lank typt
cleaner with full set of attachments
cleans rugt, draperies, upholstery,
dusts woodwork. Powerful 'i h. p.
motor quickly and easily doet the job
for you.
rv cUeainieir
rOT ixtSA USHTWHSHT WCrslC 1
l cinnR POLISHER
l,,.,,,,..,,,,.2,, I ',,., ,.,ir,t chert) I
Household Cleaner 1 . wour I
110-120 Volt Electric Motor 1 Keep ,00, ,B 1 .. A 1
2J Ol OC I 5C .hlning ana pro... .
i . , l.Imi gi t
I KCs. with O no' '
lUvolvinf Bruih
Woh, iwMpt, doom dropet, wpKoU
tttrod fwrnltwrt, WMrlng opparel, car
P- AlwrnlnwAi no rile, finger tip twitch.
PHONE
5188
for a home
demonstration.
An experienced, courteous
Sears seleimea will cell mn
yao at your eenvenl.ric.
CCADC
.n xa money fact" jCHIU
Shop Until 9:00 Friday Night At Sean!
STORE HOURS: 9 a. m. to 3:30 p. m.
le
133 So. 8th
Phono 1111'