PAGE FOUR
UKKALD AND NKWS. KLAMATH AJ LS. OHEOON
TUESDAY, MAIlCir 4. 10.V2
MARKETS and FINANCIAL
Blueback Run
Second Earliest
PORTLAND W Army Eliltllieors
reported Tuesday that the second
earliest blueback salmon on record
went UDstream tjest Bonneville
Dam In the Columbia Ijtlvcr Moil-
any.
Biologist Ivan Donaldson said the
only earlier blueback was noted
In a spot check on Feb. 7. 1951
In addition to the blueback sal
mon, live steelhead. a chlnook. two
suckers and 14 flngerllngs were
counted going upstream past Bon
neville Monday.
Portland Livestock
PORTLAND W Catlle salable
steers, heifers avalable: holdover
slock cows; lew commercial heif
ers 29.00: utility 22.00-27.00: canner
cutler cows mostly 17.00-20.00; few
20.50: shells down to 15.00 and h.
21.00-25.00: short load heavy com
mercial cows held above 26.00:
cutler-utility bulls 22.00-27.00; odd
commercial 28.50-29.00.
Calves: Salable 35; market less
active, about steady: few choice
vealers . 35.OO-37.O0; Rood (trades
31.00-34.00: utility commercial
calves, vealers mostly 22.00-30.00:
heavy calves scarce.
nogs; sanieoie lso: market active
Grains Stage Late
Move Upward
CHICAGO (fl Grains moved up
lite In the session on the board of
trade Tuesday after an early price
dip.
Brokers thought some of the buy
ing was Inspired by the fact that
(he early selling was not heavy.
It Indicated that the liquidation
prominent at the close of the prev
ious session had not aroused any
great urge (o Fell.
Snows In the mid-west were a
help to feed grains, cutting down
terminal' receipts of both grain and
livestock. New crop wheat deliver
ies attracted buying because they
are selling several cents uu
der prospective government loans
rates. Soybeans and lard were up
with grains.
' Wheat closed 'i lower to 1 '
ihher, March $2 51 It, corn V
1 higher, March $1.77
oats 3 to 1 cent higher, March
82 H-Vi, rye 1 V2 higher. May
1.96 2, soybeans 1 !j-4 ' higher.
March $2.97 -2.98', and lard 7
cents lower to 10 cents a hundred
pounds higher. March $11.75.
WHEAT
Open With Low Close
Mar 2.5t "4 2.52 2.51 2.51
May J.48 'a 2.49 2.48 , 2.49
Jly 2.42 a4 2.43 2.42 2.43 ,
Sep 2.44 V 2.45 N. 2.44 2.45
Dec J.47 't 2.48 ', 2.47 , 2.48 ?,
Stocks Stage Good
Advances Today
' NEW YORK Wt In one of the
strongest markets of the year,
' stocks made a sustained advance
Tuesday. Gains were maintained
right to the close.
. Railroads led the forward move
ment that started early In the ses
sion. . Gains throughout the list ran
from fractions to around 3 points
with some issues pushing prist that
mark.
' The volume -of business amount
ed to an estimated 1,500.000 shares.
It was the best showing In the past
;two weeks.
Hog Shortage
Puts Price Higher
CHICAGO W Heavy snow
storms across the livestock mar
keting area' reduced hog suDPlies
at terminals and pushed most pric-15
es higher today.- On hogs the Chi
cago trade was mostly 15 to 25
cents higher, while cattle and
' sheep were unevenly , steady to 50
, cents lower.
Most butcher . weight hogs sold
from 11625 to the practical top of,
SI8.00 although some edged up
ward to 818.10 and 118.15. Sows
took $14.50 to $16.25.
Dpper grades of steers were In
best action but offering below av
erage choice showed poorest de
mand nf thA market fVinri tr nrimc
steers ranged, from $29.50 to the I according to basts of sale, per 100
top of $39.23 and choice to prime l,u- "" mciures so. 0-0.11;
Weather
Northern California Purilv
cloudy Tuesday with snow flurries
in tne sierras. Local showers ex
treme .north coast. Increasing
cloudiness Tuesday night from
Mhnlercy and Sacramento north
with occasional light rain Uklah
northwestward, probably spreading
south to Bay reRlon earlv Wednes
day, fair extreme south Tuesday
night and Wednesday. Little tern
petaltira change. Westerly to north-
westerly winds of 10 to 25 miles
an hour oft the const, except be
coming southerly Tuesday night
Point Arena northward.
Grants Pass end vicinity OC'
casional rain Tuesday afternoon
and ruerdny evening. Partly
cloudy Tuesehiy night and Wednes
day with a tew showers. High Tues
oay 45. Low Tuesday niRht 3.
Hluh Wednesday 43.
western Oregon Occasional
rain Tuesday. A few brief showers
with partial clearing Tuesday night
and Wednesday. Little temperature
change. Highs both days 40 to 50.
Low Tuesday night 32 to 40. South
westerly winds of ll'lo 25 miles an
hour off the coast, becoming west
erly 15 to 30 miles an hour Tuesday
afternoon through Wednesday.
Eastern Oregon Considerable
cloudiness with a few showers of
snow or rain Tuesday througn
Wednesday. Ltttle temoerature
change. Highs both days 33 to 42.
Low Tuesday night 20 to 30 except
10 in higher valleys.
By The Associated rress
J 1 , f fes-' mi 1
Attorney
Charged In
Tax Scandal
treatments for cancer, These In
READY FOR NEV LIFE Two attractive Latvian
DP sisters, ZIril (left) and Karman Brrzins, pose for cameras
aboard Navy Transport General Mulr after arrival In New York.
8T, LOUIS. (IV-A witness trail
fled In federal court Tuesday that
Iho Warwick Hotel Co. paid 130,000
to J a hies P. Flnnegan for legal
services while Flnnegan Was col
lector of Internal revenue here,
Flnnegan Is on trial on charges
of bribery and other misconduct
In office.
Saul Llchtenfelri, manager of the
St. Louis Hotel, Identified four can.
colled checks totaling that amount
as payment by his company tol
the former collector.
The latest of the checks, for So..
000 and dated March 14, 1949, was IV"' ' 1 "'"'l',"",? 01
Irientliled by a government prose-?.e" ri & Coi'ar1t
iMiinr n, h.i. i, . f 11,. house Rleclilc Corp., workers
five counts In the Indictment I wn,lk(,a " ll8lr Ju Tuesday In
UgalllSt Fillliegall. mhui-oiuiuiui ra BIUlIIIHVn
Scientists Ponder Over
Mystery Of Cancer Cause
By ALTON L. ni.AKKKI.KR
Amoelated PreM Science Writer
CINCINNATI I All answer lo
one of the great pusrlea of cancer
was advanoed Tuesday by Dr,
Howard L. Richardson of the Uni
versity of Oregon Medical School.
The puule Is why things that
can cause cancer often are good
Electrical
Unions Strike
NEW YOIIK 11 Thousands of
Earlier another witness, David
Llchtenfeld. assistant inanater of
the hotel, testified operators of the
The demonstrations at widely
separated plants of the two com
panies lasted from an hour to an
strong to 25 cents hlpher: choice!24 1ours 4:30 a.111. Tuesday
180-235 lb butchers largely 20.25-35:
several lots 20.50: few choice 260-
300 lbs 18.00-19.00: choice 140-170
lbs 18.50-19.25: sows scarce: choice
400-550 10s nominally 15.50-16.50:
18.00-50.
Sheep: Salable 50: scattered
sales steady, considering quality;
tew good No. 3 pelt 106 lb lambs
25.00 with 145 lbs 24.00: few good
i:?o-l60 lb slaughter ewes 13.00: few
culls-utility 8.00-10.50; good 110 lb
bucs 12.50.
Portland Grain
PORTLAND, (P) No coarse
grams.
wneat toidi to arrive maraet.
basis No. 1 bulk, delivered coast:
Soft White 2.55: Soft White (ex
cluding Rex) 2 55: White Club 2.55.
Hard red winter: Ordinary 2 o5:
10 per cent 2.55: 11 per cent 2.55;
lz per cent 2.5o.
Hard white baart: ordinary 2.55:
10 per cent 2.55; 11 per cent 2.55;
12 per cent 2.55.
Car receipts: Wheat 3: barley
flour 6 corn 1; mill feed 6.
Potato Shipments
CHICAGO irl Potatoes: Arriv
als 109. on track 343; total U.S.
shipments 784; supplies moderate:
demand gool market steady:
track sales per 100 lb: Cerlots
Minnesota-North Dakota Pomiacs
J4.75; Local: Colorado McClures
$5.56: Idaho Russets utilities $5.09:
Minnesota-North Dakota Pontiacs
$4.88: new stock: Florida 58 lb
sacks triumphs $3.50. Street sales
Baker
Bend
Eugene
La Grande
Lakeview
Medford
North Bend
Ontario
Pendleton
-Mai.
29
44 '
51
33
33
50
50
40 '
43
Portland (airpt) 43
.sseburg
Salem
Boise
Chicago .
Denver
Eureka
Los Angeles
New York
Red Bluf '
San Francisco
Seattle .
Spokane
46
51
40
35
28
52
61
37
46
55
45
37
IV! in.
22
: 2s
36
29
24
30
33
29
35
41
33
37
29
52 '
3 .
40
48
33
37
46
39
30
Preclp-
-- T
-" . .01
' .26
T
.03
.05
.12
.02
.05
.35
.07
.18
':
.48
' .03
25
T
T
.13
.39
.3:
..." .05
heifers from $31.50 to $35.50. Cows
topped at $24.50.
Bids on fed wooled lambs were
weak to 50 cents lower with no
sales recorded earlv while ewes
were steady at $14.00 and below.
Quotations'
New York Stocks
By The Associated Press
Admiral Corporation 28
. Allied Chemical . 71 ?
AUis Chalmers - , 49
American Airlines - 14 3i
, American Power ti Light 24 34
. American Tel. It Tel. 156 '
American Tobacco 60 ?4
Anaconda Copper 50
Atchison Railroad 77 1 i
' Bethlehem Steel 49 i
Boeing Airplane Co." , 49 H
Borg Warner 65
Burroughs Adding Machine ' 17 '.'2
California Packing 27
Canadian Pacific 34 Ti
Caterpillar Tractor 51
Celanese Corporation 44 v
Chrysler Corporation 69 7i
Cities Service " 108 V2
Consolidated Edison 33 3A
Consolidated Vultee - 17
Crown Zellerbach 56 3i
Curtiss Wright " 8 li
. Douglas Aircraft 56 '
ouPom de Nemours 87 'i
Eastman Kodak - 44
Emerson Radio 14 'a
General Electric 56 ?
General Fods 43 H
General Motors 51 5
Georgia Pac Plywood 21
Goodyear Tired 44
Homestake Mining Co. 36 7s
International Harvester 33 V2
International Paper 49 Vt
Johns Manville 68 "2
Kennecott Copper 80 '2
Libby, McNeill 8 V,
Lockheed Aircraft 21
Loew's Incorporated 17
Long Bell A 40
Mongomery Ward 62
Nash Kelvinator ' 19 "s
New York Central 19 i
Northern Pacific 69 f
Pacific American Fish 16 V
Pacific Gas tt Electric 34 Vt
Pacific Tel. & Tel. Ill '
Packard Motor Car 4 .
Penney (J.C.) Co. 67 i
PsoiaClpe Co. 9 'a
Philco Radio 29 5,
Radio Corporation 25 Vn
Rayonier Incorp 62 !8
Rayonier Incorp Pfd
Republic Steel 42 ''i
Reynolds Metals 62 Vs
Richfield Oil 55
Safewav Stores Inc. 30
Scott Paper Co. 52
Sears Roebuck & Co. 53 "2
Bocony-Vacuum Oil 37 !
Southern Paciilc 64
Standard Oil Calif 51 '
Standard Oil N. J. 77 !
Studebaker Corp. ' 34
Sunshine Mining
Swift 4i Company 31 ai
Transamerlca Corp. 23 i
Twentieth Century Fox 18 3
Union Oil Company 38
Idaho Rusets $6.46-71: Maine Ka-
tahdins $5.00-5.25; Minnesota-North
Dakota Pontiacs $5.00-49; Nebras
ka Triumphs $5.75-6.07; Wisconsin
round whites $4.50-90: new stock:
Florida 50 lb sacks Triumphs $3.00-35.
San Francisco
Potatoes
Government Only
$7 Billion Out
WASHINGTON VP The govern
ment closed out the first eight
montns 01 tne nscal year $7,520.-
481,692 in the red, the Treasury re
ported Tuesday.
For the first eight months of the
fiscal year, beginning last July 1,
the government paid out $41,835.-
968.621, a big Jump from the 26.
tMu.947.6S3 spent during tne same
period last year.
Revenue so far this fiscal year
has increased at a much lesser
rate $34,315,486,928 so far this
fiscal year compared with $27,169,
425.318 last year.
The deficit of 7 K billion dollars
at the end of February contrasts
with a surplus of $1,087,477,624 at
the same time last year.
The national debt at the end of
February stood at $260,398,871,398
up from $25558,195,132 on Feb. 28
last year. -
FOUR BY FOURS QUARTET will swing in this way April
12 from Crescent City to participate in the annual' Klam
ath Falls Barbershop Parade set for the Pelican Theater.
They are '1 to r) tenor, Lcnis Fike, lead, Gale Boyd, bari
tone, Coke Cockrene and base, Cliff Filbert.
hoirl agreed at a meeting In 1940 hour and one-half.
to pay $35,000 to Flnnegan. Flnne- In some plnces picket lines Bp.
kuii was present at the lime, thcipeared, but no disturbances were
witnetB said. I reported.
t inl. "0W. I""0' 0fc""!! T ""I electrical unions last
$35 000 was pa d o Flnnegan, Sail ;,v,,k orP1(,d lhc lin,,m.wl(1, msll
Llrivenfrld replied: I .Ion t know. ,,., 0, ome 1M , work(,,., ,
One count agiilnst Flnnegiin ,.,, ovprillelll ,lllrp ,0 .
chaigfs h'm r.Ui accepting $5,000 prove wKe Umets, nrgolli.terl
from the hotel company for repre- it yMr. Another purpose was to
sentmg the firm in Its claim for, moblllne ,Uoporl lor new wage In
damages (lurliif occupancy of the 'crP,, demands.
?.?".'. bfi,,hc..U,S- Co!'1 au'rd Negotiations are scheduled lo
2T . ,,r. ' . . . . "I"" l"r Wrdneidnv between
Fet.ernl law prohibits a federal General Electric and the two tin.
!hiplove from receiving comnensa- mns-llia CIO Inleriiallonul Union
lion for services in a matter in 0I Fleolrlcal. Radio and Machine
which the government la a party, workers, and the Independent Unl-
David Llchtenfeld testified also ted Electrical, Radio and Machine
that he understood Flnnegan had' Workers,
protested against an earlier pro-;
posal for payment to Flnnegan of ., ,
$25,000. i"1' other a naval aviation trainee
"He wanted more than $25,000." M'!50 moiorcycw acciaem in
the witness said.
1949.
elude ; x-rays, and chemicals, like
nitrogen mtislnrda, urethane, or
ollirii, ll'al bring temporary Int.
Iirovemeiit In aonie furnia of can
cer. Dr. Richardson liua found that
uso of two cancer-causlng chain I
caln given at the name time pre
vents cancers In rata. The renMiii
emus to be chuugrs In Iho body's
potent adrenal gliindn, the fantnr
ira u such htirmnues (a cortisone
and ten hormones.
When the two chemicals were
given together, the mlro that gut
no cancers wore found to have"
partially-damaged ' adrenal glamih.
The outer layer ol their gland
were changed or destroyed. Thcnn
outer layers are believed lo pro
dure the lailent horiiiunea, anil
there seemed In be sonic hormonal
Influence on Hie lack of cancer:,.
In humans, complete removal nf
adrenal glands I bringing at lrii.it
lompornry limillli to aome tierioiiH
with otherwlne hopeless, far ad-
valued cancers of the breant tinil
pionlate gland.
Dr. nichardsoii described the
new studies, done In collaboration
wlit ICdiuiind Borana-NachlneliPl
and Alton It Htlrr. lo Iho ancond
National Cancer Confcienro lieia.
The first network telecast of a
U.S. presidential inauguration took
place Jan. 20. 1949. when Presi
dent Truman took office.
Lbch Lomond Is Scotland's larg
est lakd
Israel plans to revive the once
flourishing trade In potash extract
ed from the waters of the Dead
Sea.
The English shilling was first
minted in 1504.
Mother Fights
UMT Proposal
PORTLAND tfl Mrs. Carl L.
Krause of Portland Is a one-worn-an
lobby against the universal mili
tary training bill.
She has written letters against
the bill to 105 congressmen In the
past two weeks. She Intends to
write all 435 house members and
96 senators before she Is through.
She referred to UMT as "a hid
eous attempt to effect a mighty
change in American life." She de
scribed herself as the mother of
two. one son. a psychiatrist and
major returned from Korea, and
FOR SALE -
Ladies Sportswear Shop
Nice going business. Right time to put in the
Spring Lint. Reason for gelling: I artist be gone
(or $ome time.
Emma G. Thompson
255 G. Street
I Crescent City, Calif.
SAN FRANCISCO lfl Potatoes:
20 cars on track: California 3.
Idaho 3, Maine 1. Oregon 9 ar
rived; market firm, slightly higher
due to ceiling price adjustment;
uescnutes Kussets no. l-A. z-mcn,
4.94 delivered.
LOS ANGELES tfl" Potatoes:
111 cars on track: California 7.
Nevada 5, Oregon 4. Florida 2,
Maine 1, Montana 2, Utah 4. Idaho
37 arrived: Deschutes Russets No.
1 bakers, unwashed. 5.42: No. l-A.
4.93: Idaho Russets No. l-A, un
washed, 5.40-50; washed 5.60.
Obituary
aiSAW
Bttina Lou Rumw. 2 montht. nagged
away in this city March 4. Survivors
include the parent Mr. and Mra. Don
ald Rusaw, a brother Sidney; grand
parent!. Mr. and Mri. James L. Pin
ton; great grandfather, Charles E.
Sherrlck: an aunt. Mrs. Louise John
son and a treat uncle, Norman Sher
rlck all of Klamath Falls. Funeral serv.
ices, will be held from O'Hair's Me
morial Chanel Thursday. March a at
2 p.m. Interment will be made In
Linkvllle Cemetery.
Union Pacific ' 111 a.
United Airlines 29 Ji
United Aircraft 30 H
United Corporation 5 1 j
United States Plywood 32
United States Steel 39
Warner Pictures 14 '',
western Union Tel 41 ii
Westinghouse Air Brake 25
Butter Price
Skids Again
CHICAGO (Ji Wholesale butter
prices skidded another nickel a
pound Tuesday and closed at the
lowest prices since the end of No-
vemoer.
At 76 cents a pound -on the Chi.
cago Mercantile Exchange cash
market, the top grades of butter
were on lu cents a pound from
ine lour-year peaK tney reacnoa ex.
actly a week ago.
Market observers attributed th
precipitous drop to two factors, one
consumer resistance at the retail
sevei, ana increasing production.
BIG ROBBER
KARACHI, Pakistan, tP Thieves
in a daring daylight robberv Tues.
day got $500,000 worth of gold and
uiamonas irom a jewelry store
They entered from the roof before
uic ouup openeq, -
CRITICAL
WASHINGTON I The con.
dltlon of Mrs. David W. Wallace,
President Truman's mother-in-law,
was aescrioeii as still critical Tues
day. Mrs. Wallace, who Is 89. has
been ill for some time at Blair
House.
The Turkish Island of Bozca
Ada was the one to which the
Greeks withdrew while the Tro
jans breached the walls of Troy
to admit their wooden horse.
FARMERS - Do You Have A Twine
Pick Up Baler?
You're invited to the Agr. Building in Malin to
learn the answers to your Knotting problems
. this Wed. 7 p.m. Instruction ii open to
users of all makes of twine pick up baleri ond
those who are about to buy new pick up balers.
Sponsored by
J. A. FREEMAN & SON
2034 N. W. 27th Portland, Ore.
NtW fOWM IN 7UNE WITH THE TIMES In.pircJ by
aviation power, Lincoln's completely new 160-hnrte-power
V-8 engine incorporates such features at silent,
bydraulically operated, overhead valves; a fire-bearing
micro-balanced crankshaft, and eiclusive "Hi
Swirl" combustion chambers. More power than you
may ever need pride of the world's most seasoned
builders of V-8 engines. Teamed with IlroaA-MATtc
Transmission, now standard equipment.
NEW-the. one fine car
deliberately designed for
modern living
for 1952
" ' '''
In. two incomparable series...
Me 0smopo(c&ui-de Qzpri
You are cordially invited to attend a
FREE HEARING AID CLINIC
Conducted by the Well-Known Hearing Aid Authority
WALTER KENDALL
WED., MARCH 511 A.M. 4 P.M. WINEMA HOTEL KLAMATH FALLS
Slesdord aulpms'i'. OKslMrlcl, and frlm llluilrottrf
are fvelscl 10 Changs without nofico. Whito tido-woil
first, whos available, optional at Antra coit.
Without cost or obligation, this noted Bel
tone consultant will make a thorough, sci
entific analysis of your hearing needs will
demonstrate the latest Beltone Hearing Aids
and recommend the one which you require
for satisfactory hearing. If a Beltone will
not help you you cannot buy one.
i You are welcome lo bring with you any
friends who need hearing help or, if you
prefer, give us their names and addresses
so that we may contact them or send them
valuable literature on deafness.
NO APPOINTMENT
NECESSARY
' Please write if you wish us lo call al your home.
BELTONE HEARING CENTER 1307 West Main, Medford, Oregon
rtr,,lssx
In ourt showroom is a magnificently new
idea in motoring for the American Road.
' It is remarkably different; it has a daring
spirit that has never been approached
in motoring. It is Lincoln for 1952.
Here is a new hind of fine ear
eminently functional, breath-takingly
beautiful but honest and sensible in de
sign, created to fit every motoring need
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Here is a new kind of design clean,'
uncluttered from stem to stern. A siz
able but maneuverable masterpiece. .
And here Is a new kind of power su
perbly rcsponm've and efficient power
from a completely new overhead valve;
high-comprcssion engine. It delivers
160 horsepower and is the pride of the
men who liave built moro V-8s lima
all other makers combined.
The Lincoln Cosmopolitan and iho
Lincoln Capri await you in our show
room. We invito you to see their new
lines, discover, llieir supremo perform-.'
ance, experience this now and modern
concept of the fine cur.
BASIN MOTORS
424 So. 6th St. Phono 7778
in-