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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (April 10, 1952)
PAGE FOUR HERALD AND NEWS. KUMATH FALLS. OREGON THURSDAY. APRIL 10, 1IM2 MARKETS and FINANCIAL Stocks n 72 48 13 H 26 13 l. M ', 46 82 4 49 .. 48 , 68 11 U 25 u, 39 51 42 l-i 74 .. 107 , 34 ;v 17 55 5 84 H 44 14 , 6 54 31 NEW YORK Wl The stock market moved (head a Utile Thurs day thanks to the rail and oil looks, Moat price changes were frac tions but Rains In ilie.ie I wo groups ran as blub as around a point. It was next to impossible to keep track of the steel slocks. They were small gainers one minute and small losers the next. The volume ran to around 1.000, 000 sham. - QUOTATIONS Kern York Stocks By The Associated I'rcss Admiral Corporation Allied Chemical AHls Chalmers American Airlines American Power & Light American Tel. It Tel. American Tobscco Anaconda Copper Atchison Railroad Bethlehem Steel Boeing Airplane Co. Borg Warner Burroughs Adding Machine California Parking Canadian Pacific Caterpillar Tractor Celanese Corporation Chrysler Corporation Cities Service Consolidated Edison Consolidated Vultee Crown Zellcrbach Curtis Wright Douglas 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 Johns Manvile Kennecott Copper Libby. McNeil Lockheed Aircraft Loew's Incorporated Long Bell A Montgomery Ward Nash Kelvinator New York Central Northern Pacific Pacific American Fish Pacific Gas & Electric Pacific Tel. 4- Tel. Packard Motor Car Pei-.ne;- (J. C. Co. Pennsylvania R.R. Pepsi Cola Co. Phllco Radio Radio Corporation Rayonler Incorp Pfd Republic Steel Reynolds Metals Richfield Oil Safeway Stores Inc. Scott Paper Co. Sears Roebuck & Co. Socony-Vacuum Oil Souhem Pacific Standard Oil Calif. Standard Oil N.J. Studebaker Corp. Sunshine Mining Swift & 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 Westinghouse Air Brake Westlnhouse Electric Woolworth Company GRAINS HST to Name Demo Choice ? WASHINGTON (H President Truman hinted Thursday he may have something to say before the Democratic national convention as to his preference for the party's presidential nomination. He dropped this Into a news con ference exchange 111 which he re fused to confirm or deny reports I that Gen. Elsenhower has resigned I his European command and so mav be coming home soon to cam paign for the republican nomina tion. Truman did say that if and when Eisenhower wants an announce ment made he (Trumeni will make hnlrl .-rnir river Ihr. hnlirlnv nrrr " " " " Wheat closed .-. lower Mav change loading up to Truman s sug $2 M C.2 5Y.r;.ower. Mav 1 Ut he may let the Denio ! 84 VI 8J. oats -V lower. May . '"' 4ii.i. rv. i. m j. h,K I party's standard bearer in next May $2 01. sovbeans 1 cent lower 5 to '.. higher. May $2 91-251 . and In the course of tins, a reporter lard 7 to 20 cents' a hundred pounds remarked there had been repeated higher Mav Sit 42. reports that Truman favors the Wheal . nomination of Gov. Stevenson of Open High Low Close Illinois. Truman said he had no prefer ' ence to express now. There have been recurrent re j ports that Eisenhower was about i ready to return to the United Stales and had. in faci. already commu nicated his desires to Washington Truman's statements did nothing to knock down those reports CHICAGO Wheat sulfered from a precautionary marking down of prices on Uie board of trade Thursday prior to the first government crop report of Uie vear. It was expected to show wheat prospect had Improved since the report of last December. Other grains could get nowhere in face of the easier tone In wheat, although corn and oats tried a rally at one tune on news tho Agriculture Department would buy pork prices to bolster live hog prices. Ncarbv soybean contracts advanced on short-covering. Demand in all cereals was held down bv Uie fact Friday will ba ituimni , vuvu r i inn,, mm um' ,, to-dav traders were not willing to ! Woalher Western Oregon Fair Thurs day and Thursday night Increas ing cloudiness Friday with a few showers extreme northwest Oregon Friday Not quite so warm Friday. High Thursday 7(1 to 80 Interior and 60 to lib along coast. Low Thursday night 37 to 47. High Fri day 66 to 75 Interior and 45 to 55 along coast. Northerly winds of 19 to 26 miles an hour olf the coast lluirsday. backing lo northwester ly Thursday night and southwester ly Friday. Eastern Oregon Fair Thursday night. Increasing high cloudiness Friday. A little wanner both days. Highs both davs 60 to 70. Low Thursday night 32 lo 42. Grams Pass and Vicinity r'mr Thursday and Thursday night. In creasing hiuh cloudiness Friday. High Thursday 80. Low Thursday 40. High Friday 76. Morris Says Brass Afraid By The AsMH'latrd Prrta 24 hours ending at 4:30 a.m. Mat. .Mm. I'rt-p. , May Jly Sep Dec 5.51 2 40 2 41 2 45 52 l, 2 50 s 2 50 ' 2 41 2 39 3 40 ' 542 241 2 41 ' 2 46 2 44 S 2 45 LIVESTOCK PORTLAND If il'SDAl Oittle sslable 250: market active. fully steady; small lot choice and i prime 1252 lb fed steers 33.50. .with odd good 92O-10I0 lb out at ,52.00 - 32.50; one lot good 1087 lb X.lb lightly soried at 3150: few utility steers 24 00; commercial 'lutifai-c fi m -io iirt .. I 1 V .sold- few nlllitv htfr-r An on ; including part loads beef cows at I'M m . T Ul milt. mrl ...IK... W..1I- i , .'.00 - 27.50. jj . Calves salable 25: choice vealers .-.i.V.. 1V.II.UW14 S(CU." HI W - 37.00: few utility and commercial 1 calves and vealers 20.00 - 30.00. I Hogs salable 150: market active: I steady at the week's decline choice 180 - 235 !b 16 75-mostlv 19.00: few medium grades and No 3 tvpes 18 00 - 18 50: choxe around 260 lb 17.75: 167 :t 17 50: choice 325 - 515 lb sows 15 00 - 16 50: few good feeder pics I 00. Sheep salable 25: one lot choice 90 lb spring lambs 31.00: no old crop lambs available: good and choice under 110 lb woolrd lambs ouolable 26 00 - 27.14): good wooled ewes salable 13.00. god No. 3 pell ewes Wednesday 11 00 47 a, 69 77 '3 H 20 16 63 20 I; 20 87 S4 16 J, 34 109 68 18 S 10 29 . 27 U 36 40 . 57 57 31 W 51 52 , 39 S 74 , 57 78 14 37 'i Bull Grades Change Eyed CONDON J A high quality bull Is not neccss.uay a tas.. efficient gainer, slock growers were told here Thursday in a re port on two years ol leedlng tests. The testing program was con ducted by the Gilliam County Beef Cattle improvement Assoc-.auon with advisory assistance from the Sen ice. County Agent Ernest Kirsch said the tests showed that grades of annuals frequently change as they develop and that bulls making fast gains In feeduig tend to be a more efficient gainer. He added that the rale of Buker 61 24 : Bend Eugene 69 .18 La Grande 63 30 Lakeview 58 .17 Medlord 76 39 I North Bend 59 43 Ontario 63 28 Pendleton 62 38 Portland (Airpli 71 40 Roseburg 72 40 Salem 72 37 L'oise 61 35 Chicago 33 Denve 37 27 Kurd i 55 47 Los .tiigelrs 61 53 New York 56 45 Red Bluff 74 50 San Francisco Sri do Seattle 62 38 Spokane 55 33 Missing Child Found Alive WALLA WALLA 'f Skelchv telephone reports bv a Forest Serv 'ice line told Thursdav of the finding of a 3-vesr-old Waila Walla boy stier a freezing m::hl lit the Blue Mountains of Nor,l.wesi Orciron. ) He is the son of Mr and Mrs. Allen Parkins. The father is a gam i Washington State Prison guard. 31 4 25 17 42 3, 116 Vi 28 29 , 5 (4 CHICAGO if A deep cut 111 hog supplies to the lowest Thurs- 3 1 day number since Oct. 4 puffed prices lu to js cents or more high er Thursday. Cattle, with little top quality ma terial offered, developed a split trend ranging from 50 cents lower ;Per hundred to 25 higher. Lambs were around I 25 cents up. I Butcher weight hogs moved rap idly at J15.50 to $17.25. the top and highest price since March 28. ' Sows took $14.25 to S16.00. highest on these since mid-March. A few loads of choice steers brought J34O0 to $36 25 and two I loads of high-choice heifers made I $35.35. Commercial cows remained at ' $25.00 and below and like grade I 1 bulls at $28.50. i A load of high-choice and prime I 65 bulls used 111 Uie feeding The telephone oivrator indicated tests ranged frum 1.6 to 2 8 Hiunds the lo; w ns suffering from cold a cay and thai efficiency variation and evnosure afier a night m which varied widely. Feed costs, he said, 'the temperature slipped fur below rangrd $12 80 to $21.60 for each 100 .the freering mark pounds. I She said he was to be flown to The average cost per hundred lhe nearest hospital, either at pounds for the 16 most efficient Pendleton or Heppner. Ore. group of gainers was $14.09. Cost The famllv went to the mountain for the 16 least efficient was $19.01 area near Hitter, ore . weonesony for an outing. The feeding ration of hay was A search partv of state prison of- made up of two-thirds alfalfa and jficers and guards went to the area one-third orchard grass. Grain In-(to loin In the search Wednesday WASHINGTON 1 - Newbold Morris told House Investigators Thursday he "heard" Unit nianv cabinet members were, prepared to quit rather than answer his questionnaire on personal Incomes. I think." he said, "tills was responsible for cluuiging the Presi dent's eulhuslasm for my mission." Morris. New Yurk atturnev and poltlloJan, testified belore a House Judiciary subcommittee which Is Investigating the Justlct Department. He appeared Just oiw week alter lie was dismissed abruptly as the government's number one corrup tion hunter by Attorney General J. Howard McOrnlh. Threw hours later President Truman announced McOralh's ouster Morris named no one but Mc llralh in his testimony. Nor was he asked lor any names. ; 'Hie oiietur.e go erimicnl slculh 2Z'told the subcommittee, headed bv Urp. t'hell iU.-Kjm. thai he 'couldn't help it with Us tnvestlga- .lion. He said his own search for corruption never got oil the ground." Morris said his work was snarled : by McGrath Immediately after hr Issued his now famous question- 1 i nairea designed to reveal all sour ices of income among top govern- ... mental ofllclals. I 55 ( For one thing, he said. McUrath 01 ! "blocked" all appo.iilments to his investigating staff by ordering a loyalty check run on newcomers. Tills he said, requires ui to six mouths, ami would ellectuelv I "block" any additions. I t'hell asked Morris If he coiilu draw from his memory anv leads that might help the group s invest!- vntion. "No." said Morris, adding thai tin- Federal Bureau of Investiga tion carted otf his records slior'lv alter his "Involuntary retirement " Moms appearr'1- before CVn gressmell once belnre That was when he was asked bv Ihe Senate luvc.-tigalltins subcit.uinlttee ubotit his role 111 u surplus tanker deal It was 11 stormy ..essinn that saw .Morris accuse -somo ol the senators ol havlm: "diseased mind- " By contrast this hearltiK was n ouiet one. Morris loked with las 1 questioners and tune and agutn j spectators broke into laughter ' At one point. Morns obseried I "I'm a private t-lttxen now I (have all the rights. immunltl-s nnd .privileges of a private American cltlren It's wonderful " Morns was asked about a prev ious statement that J Eduar Hoover, head of 'he FBI knows "where the bodies are " He had a long, confidential talk with Hoover, he said, but he couldn't disclose snvthing Hoover told him .02 06 ANNOUNCING the Opening of a NEW YORK LIFE BRANCH OFFICE c na cne Cascade HuiMing, 1(3 I last 12th Avenue Kilgrnr, Orrjjmt Trlcjiluinr: Ktij-fiir 5 0137 Tilt: i omw Ml i . nf llie (!iuiii.,ii' '"ln 'linlilrrt in l u;'nie anil ll.r New ,rk I lie I llslll.lUi ' tirmiiihliiiK a M-.iv lishnl llir l.up-nr Hi. mi ll ( Ifln c. wlin li is im I lie new Ln ililies of llir I'.iigi-ne llrum li ( Kin 1 nil llir Im nlllp. I'll.llilr lis el ice 111 insurant r malli-is li In jiir )uu Hit- Im-i ho have any iilrsliuNs almul tour re-rnl iiiMiiain e 111 ili -in- iiili'ima titiu iiImuiI ailililinnal iiolccliiin, wr surest thai tu use llir l.u-ililu-s ol llir Kii(;riir ullu r or pel in linn h Willi the lollowin,' ,it nls 111 Tour communiit. ; 0000 rlO MARTIN SWANSON 4 19 Main Si PAUL R WIN I I.R 1025 Mam St. NKW YORK LIFE I.NSHHA.NCi; COMPANY A niii.'iin ntmmn v fminihtl in IHIH. Ditulmda ore pniti In kioiWiit fiv. elude one-third each of wheat, obis and barley. Each calf was fed all the hav he would eat. Grain waA fed in proportion. Average cost per head for the feeding tests was $99 50, including expenses. The tested bulls were exhibited for visiting slock growers and feed ers at the Gilliam County fairgrounds. ru-o of the three top bulls rated night. 38 , 14 U 41 25 'i 36 1 42 K, fed wooled lambs topped the early .'j'i'clJ'''J"l ner. The other was ' owned by market at $29.60. highest since Jan 29. Slaughter ewes were weak at S15.00 and under on good grade. Frank Anderson. Heppner. GRAINS PORTLAND tf Coarse grains, 15 day shipment, bulk, coast de livery: Oats No. 2. 38 lb white 74.50. Barlev No. 2. 45 lb B. W. 70.00. Wheat (bidi to arrive market, basis No. 1 bulk, delivered coast: 'excluding Rex 2.50 i; White Club 2.5(1 2. Hard Red Winter: Ordinarv 2.52: 10 per cent 2.52; 11 per cent 2.52: 12 per cent 2.52. Hard White Banrt: Ordinarv 1.52; 10 per cent 2.52: 11 per cent 2.52: 12 per cent 2.52. POTATOES CHICAGO W Potatoes; arriv als 57, on track 217: total U.S. shipments not available because of ! telegraph strike: market nominal : ly firm at ceilings but no track sales reported because of limited ' offerings. ! SAN FRANCISCO 1 USDA 1 j Potatoes: V cars on track; arrivBls. 1 Oregon 2. no sales. LOS ANGELES t (USDAi Potatoes: 54 cars on track: arri vals California 1, Idaho 25, Market : steady; iaano Russets No. I-A un 1 washed, 5.45. BIRTHS CARROLL Born at Klamath Valley Hoip.tal. April . 193J, to Mr. and Mrs Bob Carroll. Tulclakc, Calif., a boy. Weight: 8 pounds 1 ouncca. nCGREES GRANTED Helia M. Albert v. Forrest H. AltK-rt. Mary R. Mldklff vi Waller T. Mid. Would Oe 1.253.845.000 bushels. PrO- k'" 'ducllon last year was 978.474.000 bushels. The department has set a 1952 production goal of 1.165.000.- 000 bushels Winter Wheat Forecast Up WASHINGTON The Agrl culture Department Thursday fore oast this year's winter wheat cfop HI !46.B43,UOU OUHIICIS. This figure Is 28.846.000 bushels more than 918.000.000 bushels fore cast last December, after the crop had been planted. It compares also with last year's crop of 645.469.000 bushels and with the ten - year UB41-60) average 01 799.977.000 bushels. No forecast was ftiven for spring wheat as It has not been fully planted yet. However, a plantings prospect report la.tt month said a spring crop of 307.000.000 bushels was Indicated. Assuming a spring crop of that stee. the total 1952 wheat crop Patsy Cox vs. Charles Cox. Patricia I,. Wyatt vs. James H Wy i muni rf. dkiuhii v urraia i ' Bochman. SMsMssMsaiiaaBaaraaaanMiSafJBaaftTTaBMSnaTiT ir 1 - " " i nai i n , 7 - a7m , . . ' - p'" ii. m,w,. asm ,( vm i.f, ft mfi isJ1Mai.. ' t New $ui, blouic, hot (hoes, bog, nnd qlove . . . buff you're not ready for the Easter parade unless your eye glasses are as stylish as the rest of your Easter outfit. Look your very best get new frames from Dr. Alva Custer's complete collection. Arrange easy payment terms. Hr. Alva duster Registered Optometrist with offices 715 Main Street in Klamath Falls 4 1 "1 DON'T FORGET FILM FOR EASTER PICTURES! The whole family will be picture-pretty for Eoiter and you'll wont to fake loft of pictures so don't forqet to stop In before Eoiter to pick up thoie extra rolls of film you'll be wanting. Standard Optical has complata stocks of film, lloih bulbs, flood lamps and other camera accessories. 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