Herald and news. (Klamath Falls, Or.) 1942-current, February 13, 1952, Page 4, Image 4

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    PAGE FOUR
HEKALI) AND NKWS. KLAMATH FALLS. OREGON
WKDNKSDAY. KKHRUAHY 13, 1052
MARKETS and FINANCIAL
Grains Moke Little
Progress
CHICAGO Wl Grains made
little progress on the upside
onto their best gains through to the
close.
After a mixed start, during which
wheat showed signs of easiness,
the market pushed ahead quite
briskly during the first hour. Com
mercial buying and short-covering
helped this advance. However, no
follow through buying developed.
A little export business In wheat
and corn, a slight advance In crude
soybean oil prices and a grant of
one million dollars to France to
buy American wheal backgrounded
the quiet firmness.
Wheat closed t lower to H high
er, March $2.64 a, corn 4-'t high
er, March $1.82 VJ1.83, oats '.-'
higher, March 83 W rye Vl'a
higher, May $1.95 -$1.96. soybeans
unchanged to 1 "a higher. March
3.01-3.00 34, and lard 5 to 18 cents
a hundred pounds higher, March
$13.60.
Wheat
Open High Low close
Mar 2.54 2.55 2.54 ' 2.54 a.
May 2.50 4 2.51 s 2.50 i3 2.51
July 2.44 U 2.45 , 2.44 . 2.45
Sep 2.46 2.46 2.46 'B 2.46 .
Dec 2.48 a, 2.49 , 2.48 2.49 ,
Stock Losses Held
To Few Points
NEW YORK UH With selling
pressure barely noticeable, the
stock market was moderately de
pressed Wednesday.
Losses were cut off at the 2-point
mark In mast cases with the great
bulk of the decline in the fractional
range.
Volume came to an estimated
1,300.000 shares.
On the downside along with the
oils and chemicals were rails, rub
bers, farm implements, utilities,
steels.
San Francisco
Livestock
SOUTH SAN FRANCISCO (FS
MNj Cattle: 25, light supply
not enough to test market, few
cows strong, cows for week one
dollar to one dollar 50 cents higher,
scattering of canner and cutter
cows S16.00-20.00. few low utility
dairy type cows (21.00.
Calves: None.
Hogs: 100. market not established
bulk of supDly due to arrive. Tues
day lot of 294 pound butchers
418.00, medium choice sows $13.00
15.00. so far this week good choice
45-60 pound feeder pigs $20.00
21.00. Sheep: None, salable supply con
sisted of little over deck of wooled I
lambs arriving late Tuesday, little I
over deck wooled 104-pound slaugh
ter lambs S28.50, Tuesday steadv,
Miiau 101 gooa-cnoice wooled 100
Quotations
New York Storkt
By The Associated I'ress
Admiral corporation
Allied Chemical
Allls Chalmers
American Airlines
American Power ft Light
American Tel. A Tel.
American Tobacco
Anaconda Copper
Atchison Railroad
Bethclhem Steel
Boeing Airplane Co.
Dora- Warner
Burroughs Adding Machine
California Packing
Canadian Pacific
Caterpillar Tractor
Celanese Corporation
Chrysler Corporation
Cities Service
Consolidated Edison
Consolidated Vultee
Crown Zellerbach
Curtiss Wright
Douglas Aircraft
duPont de Nemours
Eastman Kodak
Emerson Radio
General Electric
General Foods
General Motors
Georgia Par Plywood
Goodyear Tire
Homestake Mining Co.
International Harvester
Johns Manville
Kennecott Copper
Libbv, McNeil
Pacific Gas & Electric
Pacific Tel. Is Tel.
Packard Motor Car
Penney J. C. Co.
Pennsylvania R. R.
Pepsi Cola Co.
Philco Radio
Radio Corporation
Rayonler Incorp Pfd
Republic Steel
Reynolds Metals
Richfield Oil
Safewav Stores Inc.
Scott Paper Co.
Sears Roebuck & Co.
Socony-Vacuum Oil
Southern Pacific
Standard Oil Calif
Standard Oil N. J.
Studebaker Corp.
Sunshine Mining
Swift Sj Company
Transamerica Corp
Twentieth Century Fox
Union Oil Company
Union Pacific
United Airlines
United Aircraft
United Corporation
United States Plywood
United States Steel
Warner Pictures
Western Union Tel
Westinahouse Air Brake
Westinghouse Electric
Woolworth company
Potatoes
CHICAGO W (USDA) Pota
toes: Arrivals 88. on track 266
27 .
13 4
51
14 ,
24
158
61 U
51 ',
77
50 a,
47
65 ',
17 ,
25
34
49 'j
48
71 'j
106
S3
18 '.
56 3.
'
58
86 4
45
14 .
57 '1
43',
51 .
23 'j
44
35 34
34
64 'j
86 a
8
35
109 'i
4'a
71 ',
18
9 i
?8
25 '
42 V,
65
55 4
31 ,
53 '4
54 'a
38 (
63 s,
51
79
33
10 i
33
23 7,
18
38 3
112 U
30 sn
30 'i
5
33
J9 '
14
44
26
36 a;
43 S
Chicago Livestock
CHICAGO ifi Country suppliers
of hogs fitted their deliveries
Wednesday right to the trade s In
dicated hopes. Resultant prices
were steady to 25 cents lower. Cat
tle were steady to 50 cents higher.
Vealers steady to $1.00 up. audi,' "
shfinn sttatuHv tui, u-itlt lu,l.. ..... , LOUS
501(1.
Weather
Western Oregon Fair Wednes
day, liu'i casing cloudiness Wednes
day night and Thursday with some
ram likely Thursday. Slowly rising
temperatures. Highs 43 to 52
Wednesday mid 48 to 58 Thursday.
Wednesday nliht Tl to 42
Winds oft coast southerly -met 15
Most choice butcher weight hosj ? n"M. n1!. . r0 ,, I
sold from $16.50 to 118.35, with I L"cle"s" 10 J8 10 28 nxlW
4 11,11 aun.t .
Eastern Oregon Fair Wednes
day and Wednesday night. Thurs
day parly cloudy. Highs S5 to 4
Wednesday. Warmer Thursday
with highs of 40 In 50. Lous
Wednesday night 15 to 25. except
near rero In higher valleys.
Grants Pass and vicinity Fair
Wednesday. Increasing cloudiness
late Wednesday night and Thursday
with a few showers Thursday, libit)
Wednesday 47. Low Wednesday
some going on upward to a spar
ingly paid ton of $18.40. Sows were
valued at $14.50 to $16.50.
Choice to prime steers and yearl
ings sold mostly from $33.35 to $38..
00. a few prime loads going to $38.
50 to $39.00. Good to low-prime
heifers took $30.00 to $35.25. with
small lot testing prime at $38.00.
Commercial cows touted hi 7S
Xambs received xiuriv hine ,
the start but carried asking prices
Which ratified strnnir in sn
uglier, leanings were $33.50 and nigiu ai. ign inuisoay 00.
below. I
' 1 34 hours to 4:30 a.m. Wednesday.
Man. .Mln. rrecip.
Portland Grain
Baker
Bend
Eugene
Klumath Falls
La Grande
Lakevlew
Medlord
PORTLAND :.f Coarse grains.
15 day shipment, bulk, const de
livery: Barley No. 2 45 lb b.w.
71.50. .
Wheat, bid. to arrive market.
oasis Iso. 1 bulk, delivered const: 1 North Bend
0011 wnue a. a; sou while, exclud-' Ontario
ing Rex, 2.49: while club 2.49. Pendleton
Hard red winter: Ordinary 2.53; 1 Portland
10 per cent 2.52: 11 per cent 3.53; ; Roseburg
13 per cent 2.53. ! Salem
Hard white baart: Ordinary 3 50- I
10 per cent 2.50: It per cent 2.50: i Boise
12 per cent 2.50. , Chicago
LHr receipts: micai ui: uariey ! Denver
2; Hour 13; corn 14: oats 2: mill
feed 12.
Eureka
Las Angeles
New York
Red Bluff
Sail Francisco
Portland Livestock
PORTLAND I Cattle salable
100: market active: strong: cows oponnne
around 50c higher: some sales 1.00
higher: for week to date odd head
utility and commercial steers 26.50-
30.25; few utility dairy-type heifers
canner and cutter cows niostlv 16.-50-18.50;
odd head to 19 00: shells
down to 15.00 and blow: few utility
dairy-type cows 20 00-20.50: odd
beef cows up to 23.00: utility and
low commercial bulls 25.50-29.00.
Calves salable 35: market active.
steady: few choice vealers 35.00-.
34 t T
33 13 T
47 211 .10
31 111 .01
37 13 T
3ti 7 .01 I
43 3.1 .03
47 35 .03
39 30 T
41
43 311
48 29
47 29 .01
37 16 .06
50 3.1 I
50 30 .01 !
49 36 .Hi
63 47 I
35 20 !
54 33
55 39
43 29
35 21 !
Ex-Basin Man
Really Busy
Allen O'Brien, a former Klam
ath resident and a graduate ol
Klumath Union llliih School, class
oh'33. has established himself as
a representative of the Defrnso De
partment In Washington, 1). C.
while at flioi sumo limo going to
night school.
Ills mother. Mis. T. W. O'Brien,
lives at 63J Eldorado fit.
O'Brien recently represented the
Defense Department In hearings
calling for Interstate Commerce
Commission Investigations into the
public transportation systems in the
District of Columbia areas.
While maintaining his Job, the
ex-Klamiithlle has also been at
tending night school at a Wash
ington college, and expects to grad
uate In law this spring. He Is
married and has two children,
O'Brien was a captain in the
Army during World War II, and
made his homo here until after
the war. He Is reviewing lor Un
bar examinations now. Mrs. O'Brien
says.
Leadership Institute Set;
Top instructor in Charge
Klumath piucnls, teachers and
leaders among young people, will
be offered a mime chance lor fur-
jlhrrlug their leadership training
rco. ja-.-u (luring me third annua!
Kluiniilh Coiinlv Itccrratlnn Lea
dership Institute slated here.
Frank A. Staples, considered bv
local recreation authorities and
nauoniiBioeieallon experts as one
ol tho finest men lu his field, will
Patrons Plan
Talent Show
Spring Show
Program OK'd
Brani-lcaiuring Industrial exhibits ,,bl"l,,l) " ",'"bcr ( Hie Nil
displays of appliance and similar i'''""!1 Hecreatfon Association, ol
exhibis. and a fashion show-ws'w'"y,h ,s duwtor "I Arts and
FRANK A. STAPLES
set up an Arts and Crafts "work
shop Hero on llio.su dales
............. I . 1 1 L-t..... ,V.tlll,S.
I, roi-uiru 1,1 mi'muvi s i,i tnr ivihiii- Cf-i)'
ath Merchants Association In . scs-1 .'' ' . , ,
mi- 1 1,111. sr 1?. inur inivs lonn
Two classes will bo held, olic Iron
a: 1.1 to 11:45 a 111. dally at the
sion Wednesday morning at a
breakfast mooting at the Wlurma
Hotel and a go-ahead signal was
given the commuter.
Spring Opening Is under the ill- i
lection of Call Sparks, merchants I
vice-president, with Hob Frederick- !
son of Miller's as chairman. The !
plan l.s to charge admission to the I
show, tor the benefit of youth ac-1
March 13 and 14 were
VMCA. the oilier from 7:30 to 10
P 111. In the Vrtrrans Memorial
uuig.
According to Mrs. Chillies Lelk
"Leap Year." a production com
billing the talents of students and ; ttviitcs
fur-llllt' M.nniluirtt 1c t r H, nr0.m1l. .... .1. ......
37.00: commercial and good grades j 'ih, uu.-ni i,, ki'hs nodi.' . , . j ,
37.00-33.00: utility grades 20.0-26.- fr,? "8-m Y ... Hb " ' t A tentative budget for he as-
00 ........ .... ... . r social ion tor wxi was siiomiiieu
Hogs salable 250: holdover 245: " m uurcl " ' " toy w. v. ruuerson. n uiciuuru
market steadv to 25c lower- fairlv momquisi. neao ol ine ivuhb j siuoo to augment i nnsunas iignis
umiiiii uupm iiut'iii
Dance rouilnes. quaiicts. and
trampoline performances are In
cluded in the attraction, according
n ,,' , . y ' 'i
active at decline: choice 180-235 lb
butchers 19.50 mostly 20.00: few
choice No. 3 type down to 19.00:
scattered lots choice No. 3 butch
ers 265-290 lbs 18 00-18.25: choice to Co-Chairmen Kenneth Lambie
400-520 lb sows 15.25-16.00: one 720 . ana Mrs. Fred Hellbronner.
lb sow 15.00; few sows 375 lbs Tickets are 50 cents for adults.
down 17.00-17.50: feeder pigs scarce i twenty-five cents for children. Pro-
good and choice salable around ; ceeds will go to the Parents and
17.00. i Patrons club-sponsored Senior
Sheep salable 200: market mod- banquet,
erately active, about steady con-1 Shannon Oldham, president of
sidering quality: few lots good and the Senior Class, is managing tick
choice 86-101 lb early shorn and el sales.
i wooled lambs 27.00-27.50: choice
I lots quotable to 28.00 or above: odd
mnmd slaughter lamh. 9 sn .,( 15.65-86. standards 85.05-06: new-
fall shorn bucks $10.50 ' stock. Florida 50 lb sacks carlot
triumphs $3.21-28: street sales ac-
.... cording to basis of sale, per 100 lb.:
Beautiful Valentines . . . Volghfs Colorado McClures $5.81-81: Idaho
Pioneer Office Supply Co. 629 Main, russets $6.10-46.
total VS shipments 764: steady; ?. 150 lb yearlings 23.00; ewes
track sales, local: Idaho Russets!klnB: food and choice ewes
MEN'S
SHOP
CLOSEOUT
FAMOUS MAKE
MEN'S
HATS
v's SIZES
Potato Shipments
I930-.1I 1931 S?
Beautiful Valentines . . . Voijht's Mn,h ' d"
Pioneer Office Supply Co. 629 Main. I Sm,oii , io d.i.
2117
78.11
3M
7208
and decorations. $27ofl tor Christ
inas Opening, and $1500 for other
scasonnl promotions.
Mayor Robert A. Thompson out
lined a proposal for the city con
tracting with an advcrilsing firm
to place 5x7 Inch advertising dis
play on city parking meters.
Thompson said that the city
would write a three year contract
with the Ad-O-Mcter Corp to re
ceive 60 cents per meter per
monlh. Tills would bring $5385 60
on the city's 748 parking meters.
The money would go Into the
parking meier fund, the mayor
said. There was no objection from
the group.
Beautiful Valentines . . . Volght't
Pioneer Office Supply Co. Sit Main.
Mi mi ir i, f Ol kT
ntiby llvoige. drunk t'ln SI3 or Tt
da.,
Luuu Cilvt, drunk. rin 113 or 7',
dA .
Orvllle Wrlghl, VAgrani-y. rin 100
and 30 di
Trd Bordeaux, vagrancy, rina SIW
or .m d.
Pearl Hay, drunk. Tin SI0.
durance 1.1. Oden. drunk. rorfpll
111 liall
Lui fUcotrlaa, diunk. rorfell tl&
ball.
Jack I.unden. drunk and dliorderlt
Poalcd 140 ball lu appear.
Evrlin Walker, V4irancy. Sentence
10 daa.
Ray Yon. vagrancy. Sentence .w dav
0-thy Seaman, vagrancy. Sentence
30 daya
Roy (.annon. drunk. Mne eioo and
30 davi.
Jamea tloxrud, vagrancy. rlne tlOO
and M daya
Llndaey f'ompcy, vagrancy, Tint 1100
and 3U daya.
John A. Wood, failure yield rlahl
way pedpatrtan. Fine 123 and 20 dart
auapended.
Jamea llopklna, violation baale rule
rine S23.
president of the LrinlcrMilp Conn
ell. the ails and rrnlls Ideu as set
lorth III this program Is entirely
new . , . and Ik carried out In
formallynot as a leeliire, but by
actual partlclpalluii of those, work
ing. The course Is designed In pro
vide leaders lor youth groups,
lllblo schools, YMCA, HcouUjig
either boys, girls or Camp File
Ohis anyihlmt perliilnlng to the
handling of youth as groups. I
Tho Protect In belinr snonsnrpd i
by thn Nallonul Heereatlon Assocla-
Forger in Hot
Water Again? (
A 44.year iilil burlier, Louis Knles
ol 21143 niidclllle , Ml., nenti'iKTil
Intra lu 1U50 to five years In prison
for fnrgrry, la apparently back lu
hot water again.
Kslea was nrresled Tuesday bv
(,'ltv I'ollcn on a drunk charge and
suspicion ol pasilng a forged $10u
check at lluidy's Mens alore.
listos was fined $15 III Municipal
Court this uiurnlng mi the drunk
charge and llieu taken to the dis
trict atlornry's office fur (pitmlluii
lug on the cheek deal.
II.Mtl) WAV
LONDON Mi Two London law-
lion In cooperation with I lit) City j hreuxeis heard lint hind way
Klamath Leadership Cuuucll. Wednesday thai England hna a new
Advance registration for the Uhiecn. Thev were arretted and
course Is being held at the i:hani- icharged Willi atteuinled shopbreak
her of Commerce where persons I '"f ' contrai v to Hie peace ol Our
wishing to register are asked to I fovrrt,Hiii l.mly, the Queen.'
call in person. mm Nl,rlllmr AuT.rin,urnee.
Cralts to be presented, Mrs. Lelk ,uno 2.;5.
in,. iu ud neiCLieu iioill tile
loliowiiig: I
Saw dust uiodellliig; finger paint
ing; book Illinium; spatjor paint
ing briildliiB: tricks; marble
palnllng: cylinder weaving: potato
printing; square knotting; and
broomslck wciivlng. ij
Classes are llnilled to UO per
sons riuh, Mrs. Lelk said. '
INVESTMENT SECURITIES
OWENS
INVISTMINT SIRVICI
l.latrtV ln,tle, t'nllalael anl
Ovar.lhe.t'aunler beitda an4
Mlerka. Intvalnienl lenda
101 Ma.l rn IU''. I'he- a l lll
KLAMATH FALLS
...made witii
Kitchen
flour
SAFEWAY STORE
UUAKANI tt) IQU BtiltK BAKIN6 r
OK rouit mu H(K
88
REG. 8.00
88
REG. 10.00
COMPARE THE QUALITY
ONE GROUP
SWEATERS O PAJAMAS
SPORTSHIRTS O SLACKS
V2 PRICE
MEN'S SHOP - STREET FLOOR
--'rial.
1 n n ilrg: i r ! t y
If looks like a
WUffi TEAR
New Horsepower new Brake Power and new Power Steering
blossom on Bvkk'e ROADMASTER for 1952
Maybe you've heard-horsepower has hit
a new high on the Roadmaster.
"Brake power has done the same.
But today, we'd like to concentrate on the third
member of the power trio-Buick's own version
of Power Steering, available on Roadmasters
at a moderate extra cost.
What is this Power Steering like? It's some
thing like a helping hand, something like a
"hydraulic slavc"-that relieves you of all
steering strain, but lets you keep command.
What we mean is this:
Power Steering is handled by a special
hydraulic unit-and engineers can design this
unit to take over any amount of steering effort
even to a point where the wheel seems to float
in your hand.
But in that case, you'd surrender all control to
that hydraulic unit-get no steering "feel" from
the wheel.
Now suppose you're telling two agile tons of
automobile what to do in traffic. We think you'd
like to have it know that you're in command.
And-out on the straightaway we believe that
a part of the joy you get from owning a Buick
is the sensation of having something alive and
eagerly willing beneath your hands.
So we're glad to announce that Buick engineers
didn't spoil this thrill. They've kept the fun of
driving, and simply eased the effort.
When you're rolling along smooth and straight,
it takes almost no effort to keep any Buick on
course. It almost steers itself, as every Buick
owner knows.
But-whcn you want to get away from a curb
back into a parking spot make a turn
Buick's Power Steering comes into action,
saves four-fifths of the effort required with
ordinary steering. Power Steering docs tho
extra work.
And in case you wonder what happens if
Power Steering gets out of kilter, the answer
is nothing. Your Buick steers just as it always
has.
That's why we've been saying, "This is Power
Steering as it ought to be."
Come in. Try it out. We thirik you'll agree.
I Kquipmmi, awaaaerfar, trim and eteoVfa era aeajegf la dUaea ertlAatii aeUM
Sure is true fbr'52
(MHMEJ fills
1330 MAIN
H. E. HAUGER
28 YEARS YOUR BUICK DEALER
PHONE 5151