PAGE FOUR
HERALD AND NEWS, KLAMATH FALLS. OKKOON
WEDNESDAY. JANUAHV 0,
MARKETS and FINANCIAL
Truman Speech
Boosts Grains
.CHICAGO Wl President Tru
man's speech to Congress helped
mild upturn In grain futures pric
es Wednesday. Soybeans mid lard
also were higher, helped by export
reports. '"
Trade sources said President
Truman's call for strengthening
farm price support programs
caused some buying and short cov
ering. The advance caused profit
taking, however
Wheat closed
higher than the
Quotations
New York Stocks
By The Associated Press
Admiral Corporation
Allied Chemical .
Allis Chalmers
American Airlines
American Power & Light
American Tel. & Tel.
American Tobacco
Anaconda Copper
Atchison Railroad
Bethlehem Steel
i to 3 's cents i Boeing Alrplrtne Co.
previous ilnlsli, Borg Warner
March $2.55 V i. corn was up . Burrows Adding Machine
to . March $1.92 ti-93, oats were California Packing
to higher, March 95 V96. ! Canadian Pacllic
rye was 1 to 2 cents up, May $2.13 Caterpillar Tractor
'4-1, soybeans were ahead 1 ' jCelanesi Corporation
to 2 t cents, January $3.01 'j-S, 'Chrysler Corporation
and lard was 15 to 32 cents a hun-i Cities Service
dred pounds higher, January $14.92. Consolidated Eidson
Mar
May
July
Sept
WHKAT
Open High
Low
2.57 ' 2.59 U 2.57
2.55 a S.56 U 2.55
2.47 2.59 2.47
2.48 2.50 'B 2.48 !
Consolidated Vultec
Close" j Crown Zellerbach
2.58
:!.55
2.49
2.50 :
Most Stocks On
Losing Side Today
Curitss Wright
Douplas Aircraft
DuPont de Nemours
Eastman Kodak
Emerson Radio
General Electric
General Foods
General Motors
Georgia Pac Plywood
Goodyear Tire
Homestake Mining Co.
International Harvester
International Paper
NEW YORK M" Strong cross
currents were set up Wednesday
in the stock market by government
and corporate developments, and
prices were widely Jumbled over Johns Manvillc
an irregular range. Kennecott Copper
Losses ran to a little more thaniLibby, McNeill
a point, and gains were largely i Lockheed Aircraft
fractional with some issues push-1 Loew's Incorporated
ing abruptly higher. jLong Bell A
The volume of business came to ; Montgomery Ward
a substantial 1.500,000 shares. This jNash Kelvinator
compared wiUi 1.390,000 shares New York Centrtil
traded Tuesday. Northern Pacific
The presidential message on the Pacific American Fish
state of the union evidently helped Pacific Gas : Electric
the aircraft division get ahead Pacific Tel. & Tel.
moderately. j Packard Motor Car
American Can raced ahead i Pennev J. C. Co.
nearly 8 points at times after di- IPeisylvania R. R
rectors proposed a four for one
stock split consisting of a two for
one split of present shares and
then a 100 per cent stock dividend.
Potatoes
Pepsi Cola Co,
Philco Radio
Radio Corporation
Rayonier Incorp
Rayonier Incorp Pfd
Republic Steel
Reynolds Metals
Richfield Oil
Safeway Stores Inc.
CHICAGO (PI (USDAl Pota
toes: arrivals 119. on track 206:
total U.S. shipments 871: market: Scott Paiwr Co.
unsettled: Colorado McClurcs $5.25; 'sears Roebuck ts Co.
Idaho russets $5.75-6.00, utilities $4.- ' Sosony-Vacuum Oil
30, bakers $7.00.
Portland Poultry
PORTLAND WWEggs to whole
salers; candled eggs containing no
loss, cases Included, f.o.b., Port
land: A large 53'2-M2.
Potato Shipments
January 8
Month to date .
Soatoa to dale
19JS-31 1951-St
Southern Pacific
Standard Oil Calif
Standard Oil N. J.
Studebaker Corp
Sunshine Mining
Swift It Company
Transamerica Corp.
Twentieth Century Fox
Union Oil Company
Union Pacific
United Airlines
United Aircraft
337 1 United Corporation
sow United States Plywood'
251,
75
60,
15?,
21 (
155
03 i
49H
74,
50 '
4t)l.j
1
18',
27,
33",
4S'
SO',
69-',
9'j
33J4
184
53 ,
24
58' i
90',
464
14',
59',
44',
5P,
23
43
34",
35',
47'j
68
8534
8-s
23,
17
37'.
65',
184
18',
61",
18
34',
68'2
18'4
10
27' i
23',
61
4U4
57
54'4
32-1,
51'.,
55T,
365,
61 S
51'4
75'4
33',
10 'i
33',
21',
194
37
104
3234
32.
4',
33?,
Weather I Basin Men To Attend
Western Oregon Rainy and i OPS Confab 'I
windy Wednesday. Showers ami
cooler weather Wednesday niglu
and Thursday. Highs Wednesday
40 to 48. Lows Wedneatay tiliiht
30 to 38. Highs Thursday 35 to 40.
Winds otf coast southwesterly and
35 to 50 miles an hour Wednesday,
25 to 35 miles an hour.
Eastern Oregon Cloudv and
windy Wednesday with occasloiml
snow Wednesday Afternoon. Kiostly
cloudy with snow (lurries Wednes
day night and Thursday. Highs both
days 28 to 38. Not so cool Wednes
day night with lows generally 10
to 22. .
Northern California slowlv In.
creasing cloudiness Wednesday
with occasional rain showers In
extreme north, spreading .south
ward late Wednesday night. Show
ers win reacn visalla and Santa
Maria late Thursday. Not quite so
cold In Fresno area Wednesday
night Snow above three thousand
feet. Southerly winds off coast 25
to 45 miles an hour north of Point
Arena. Southerly winds south of
Point -Arena will become 15 to 25
miles an hour Wednesday night.
Grants Pass and Vicinity Oc
casional rain and windy Wednes
day. Snow in mountains. Showers
Wednesday night and Thursday
with few snow flurries In moun
tains. High Wednesday 47. Low
Wednesday night 37. High Friday
40.
By The Associated Press
24 hours ending 4:30 a.m. Wed
nesday:
Paker
Bend
Eugene
La Grande ...
Lakeview
Medford 40
North Bend 45
Max.
.'. 25
34
.'...45
37
Ontario
Pendleton
Portland
Roseburg
Salem
.31
39
,41
. 46
.44
Boise 32
Chicago 37
Denver - 44
Eureka 49
Los Angeles 5S
New York 35
Red Bluff 35
San Francisco 50
Seattle 43
Spokane ... 27
.Mln.
2
18
39
22
30
40
3
36
36
40
12
31
16
37
29
32
36
41
18
Funeral
(Continued from page one)
ncy." ' . ,.' '
Tho commissioners said ' there
was a general feeling among the
growers that had the potatoes been
left alone, tho law or supply and
demand would have taken care of
everything.
However, thev did assert that the
threatened "shippers holidays"
would be bad for tho Industry.
"We don't burudge, Idaho lor
getting a better price (a 20-cenl
premium over local spuds beeaune
of 'unusual crop conditions result
ing a poor crop,'" I the eommis
slmiera said. "What they got ahows
the formula used is flexible. There
may be an opening there for ui.
too." .
Other commodities, they pointed
out, had ceilings too. and there is
llttlo chance to dcleat the Idea.
"But Ave might Correct It," War
ren said.
Meanwhile. Klamath Growers
Randall Pope and Bryant Williams
were expected back today from a
meeting in Boise where potatomen
were mapping plans to fight the
ceilings.
Shipments of local potatoes were
just about "cleaned up" as far as
pre-OPS order potatoes go.
The department of agriculture In
spection office this morning re
ported 60 more cars were shipped
yesterday, but inspectors were ex
pecting a few to go out today. All
shipments to date were thought to
be the pre-order potatoes. There
have been no sales of potatoes at
the ceiling price which isn't yet
effective.
10321
Obituary
II ; mm inc. si: Mf
Mrt"t ' no "tc ' iri'mineM', 41.
Klamath Fulls, died In Colorado Spring.
Colo.. Jan. 8. Mr. Hemmlnfttn wn a
native of Hutchinson. Minn., and hail
resided in Klamath Fall for the pat
31 year. Survivors Include: the widow,
Vr . - i .Oae Hrnimmc-n, MM '"roa
cent Ave.; a daughter Marilyn. Klam
ath Falls: five brothers. Victor and
Paul 'of Euncne, Sidney, Albany. tloyd.
Portland, and Harvey of South gate.
Calif.: three sister. Mr. Helen Moore,
Portland, Mrs. Anna Mae Webb, Salem.
Mr. Grace Ltbke. Klickitat. Wash.;
and parents, Mr. and Mm. Peter Hem
minnsen of Eugene, Mr. HemmlnRten
was a member of the 4th degree Knight
of Columbus and the ITU. The body
will rent in Ward's Klamath Funeral
Home. 923 High St.. upon arrival from
Colorndo Spring. Colo.. Friday morn
ing. Funeral arrangements will b an
nounced later.
JEXXISOV
Funeral services for Edna Victoria
Jen ni son. 53. who. died here Jan. 7.
are to be conducted from the Chaoet
of Ward s Klamath Funeral Home. 925
High St., Thursday. Jan. 10. 10:30 a.m.
,..ik H Rv n Anriri-m nt the
Klamath Temple officiating, interment Potatoes: 32 cars on track; Call-
Potato Shipments
SAN FRANCISCO l (USDAl-
tl.m.th Wen-
Friends are respectfully invited.
'arK.
United States Steel
Warner Pictures
Western Union 'Tel
Westinghouse Air Brake
Westinghouse Electric
Woolworth Company
39'i
fornia
sales.
t, Oregon 13 arrived, no
LOS ANGELES tfl (USDA
1434 -Potatoes: 109 cars on track: Call
40J 1 fornia 4. Oregon 6. Utah 1. Idaho 9,
26'4iby truck 17. arrived. Market un
3934 settled: Klamath Russets No. 1 A
43J '$5.60.
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Q C O O. (Caih en R-opert your elej
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Portland Livestock
PORTLAND Ifl (USDAl Gal
lic KKlnblo nmrki't luiily no
tlv, niUHlly .slciuly; lew uooil 900
I.U73 lb tod steors 3t (H); tiltlttv und
eommorcliil steers U7. 00-3:1. 00; odd
light dulry types down to 1M.00; odd
good steers 20.00; 1 lot Rood BW
lb fed heifers 3J.S0; utility mid
coininerclnl beef heifers aii.0O-30.0O;
cniinrr nnd eiitter cows liunelv 19.-00-23.00:
few utllllv cows 113.50-30.00
commerclnl 37.00-3B.0O; coiumeivlnl
bulls 39.00-30.00; llllllty 36.00-38.00.
Culvei snliible 00; ninrket nellve,
fully stendy; few choice venleis
and Unlit cnlve.i 34.00-3tl.50; com
merclnl und good calves mid venl
era 37.00-33.00: cull mid utllllv 15 00
35.00; scnttercd lull Koort 3H0-475
lb slock calves 35.00.
Sliceu stilnble 50: setittered lots
stendy; few Rood nnd clwlco wooled
lninb.i 3B.50-3U.OO: itood 80 lb feeders
38.00; no sliitiKhter ewes avnlliiblc;
lew cull ewes Tuesday 7.00-8.00.
Chicago Livestock
' ClIlCAaO W - (UBDAI Snlnblo
lings 18,(M)0: bni'row.i nnd Kills 10-35
ceiiui hlttlior; sows 35 ccnls hluhrr:
most miles 180-230 lb 18.25-18.50
lew lots 18.66-lB.tW 10 order buyers;
most puckers paid 18.35 down: 330
370 lb butohers 17 35-18.35; nuiiier
oils londs Bround 350 lb 17.75-17.85;
SW0-310 lb 10.76-17.36; sows M00
10.35. Stilnble entile 13.000; siiluble cul
ves' iOO; choice nnd prime yenillims
nnd llglil steers weliililnii uu to 1.15
lb mostly stondy: oilier Hiiules
steers slendy lo 60 conls lower;
bulls snd venleis stesdy; few londs
tiverimn prime to hiKh-pi line under
1,300 lb steers 38.26-38.76: Olid Iilwh
prlme loud held nbove 30.00; most
hlttli-oliolcn mid prime steers nnd
veurllims 35. 50-38.00: londlols prima
1.3O0-1.-I5O lb wclchts 30.00-30.76:
most choice steers 33.00-36.35- most
choice hellors 33.76-34.50; commer-
Portland Grain
POHTI..ANO I Course (irnllls,
15 dny shipment, bulk, const de
livery Dills No. 3 38 ID while 70.60;
barley No. 3 lb H,W. 73.00.
Wheal ihldi, lo nrrlvo tnaikol,
hnsls No. I bulk, delivered const:
Bolt While 3.46 j; sod while lea-
ciutiiim icni "110 t'""'
J'llard red wlnler; Ordinary ll.4lt(t
10 per cent 3.4tl j U ,1'C i""
2 47 'j: 13 per cent 2.4H a.
llnrd white bnuit: Onllnnrv 3 4(1
a; 10 i:cr cent 3.4U II Pel' cent
3.47 'j; 13 per cent 3.48 '.j.
Wednesdny s cur recenu.i; nmn
III; bnrlev 3: flour 11; corn J: onl
1; inlllloi'd I). .
Iclnl cows 2:1.75-311.00 ,
8nlable sheep xnoo; no siinis" '
lambs sold: undertone weak; bid-,
tllnu 30.60 down. nskliiK 31.00: deck j
,.fl,H veiil'lltlUt 2ft. 111. I
shumhtcr fwes linn at 13.30-16 50.
Legal Notice
I city or fiiii.nqniK'
, :, CIIII.OgDIN. URKoN '
null will m rr.lvcl at ,
Hall, Thuriitay, Januaiy 17, .J-"'
l.r- h- Tim l J'. (, ,,,
laraalatl wa and (nrn t,.i
fliat ur allita wall rguplln,, J , "
wMH.ua, .100 1 1, ".'
inohati-d a anil (ion traalail ,1.w,
Inn or alula wall uuui.lhua la no , "
aaotluua. ,w
tllla mini aoaolfy rtra.t. f ,w
ini.MlMr at yaara suaraiilatO, L'llv h '
rrla.'l nv or alt bull. '
J.j 13 No. il
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