Herald and news. (Klamath Falls, Or.) 1942-current, August 14, 1952, Page 4, Image 4

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    TIIUHSIMY, A1K1. 14. 1032
PAGE FOUR
UKH.M.n AND NKWS, KLAMATH PALIS, OREGON
MARKETS and FINANCE
Stocks
NEW YORK tP It (u drowsy
session in the slock market Thurs-
day with prices barely moving.
-mere wu a siujiu upsiae en
Dhasis.
Changes were almost entirely
fractional with only an occasional
issue going as much as a P
Issue going as much as point
higher or lower.
Business amounted to an esli
mated million shares.
New York Storks
By The Associated rress
Admiral Corporation 2S 1
Allied Chemical 77 ' j
Allls Chalmers 63
American Airlines 14 4
American Airlines 14 l4
American Power & Light 28 ',
American Tel. ti Tel. 154
American Tobacco 56 3t
Anaconda Copier 46
Atchison Railroad 91
Bethlehem Sieel 51
Boeing Airplane Co. 35 i4
Borg Warner 73 t
Burroughs Adding Machint 17 H
California Packing 37 si
Canadian Pacilic 36 'j
Caterpillar Tractor 56 ai
Celanese Corporation 43
Chrysler Corporation 81 l
Cities Service Wi'
Consolidated Edison 35 'j
Consolidated Vullee 17 "i
Crown Zellerbach 58
Curtiss Wright 8 ,
Douglas Aircraft 63 J4
dupont de Nemours 8 V
Eastman Kodak 46
Emerson Radio 11 5i
General Electric 63 '
r-nernl Foods 47 i
General Motors 61
Ueorgia Pac Plywood 17 si
Goodyear Tire 43 ,
Homestake Mining Co. 37
International Harvester 33 i
International Paper 50 i
Johns Manville 76
Kennecott Copper 81
Libby, McNeill 8
Lockheed Aircraft 25 Ji
Loew's Incorporated 13 tj
Long Bell A 36
Montgomery Ward 65 V,
Nash Kelvinator 21
New York Central 19 S
Northern Pacific "15
Pacific American Fish 14
Pacific Gas & Electric 35 i
Pacific Tel. 6 Tel. 112 '5
Packard Motor Car 5 '
Penney (J. C.) Co. 65
Pennsylvania R. R. 20
Pepsi Cola Co. 9 7
Phllco Radio 31 j
Radio Corporation 25 s4
Rayonier Incorp 34 ,
Rayonler Incorp Pfd
Republic Steel 41 V,
Reynolds Metals 54 V2
Richfield Oil 68 H
Safeway Stores Inc. 30 Yt
Scott Paper Co. 54
Sears Roebuck & Co. 59 H
Socony-Vacuum Oil 37 s
Southern Pacific 84 i
Standard Oil Calif. 58 ?a
Standard OU N. J. 79
Studebaker Corp. , 38 !4
Sunshine wining
Swift & Company 33
Transamerica Corp. 26 V.
Twentieth Century Fox 16 V
Union Oil Company 40
Union Pacific 116 14
United Airlines 28 li
United Aircraft 34 H
United Corporation 5 ts
United States Plywood . 29 4s
United States Steel 40 H
Warner Pictures 12
Western Union Tel 42
Westinghouse Air Brake 26 y
Westinghouse Electric 40 Ij
Woolworth Company 43
GRAINS
CHICAGO liP Aside from a
run-up in nearby corn deliveries,
grains did not move far from
previous closing prices on the
board of trade Thursday.
September and December corn
jumped around 2 to 3 cents In the
run-up in nearby corn deliveries,
grains did not move far from
previous closing prices on the
board of trade Thursday.
September and December corn
jumped around a to 3 cents in the
lirst lew minutes of trading on
rumors the Commodity Credit Cor
Deration had cancelled shipping in
structions on corn destined for this
market.
Later, It was learned there had
been no change 111 basic policy.
Corn eased.
West Germany brought 740.000
bushels of hard wheal.
Wheat closed hi lower to W high
er, September $2.34 a-V corn l
lower to 1 (1 higher, September
si. 80 -!: oats unchanged to H
lower, September 84 ,S: rve (a-'s
lower, beptember r.l '3-J4: soy
beans 1 cent lower to '4 higher.
September S3.23-S3.33 l. and lard
3 to 15 cents a hundred pounds
higher. September 811.37.
Wheat
Open High Low Close
Sep 2.34 ' 2.34 2.34 2.34
Dec 2.40 ' 2.41 2.401 2 41
Mar 2.46 3.46 S 2 45 k 2 46
May 3.46 H 2 46 2.45 4 2.46
PORTLAND t Coarse grains
5-day shipments, bulk. Coast de
livery: oats no. 2, 38-10 wnne
68.00. Barley, No. 3, 45-lb B. W
69 00.
Wheat (bid) to arrive market,
basas No. 1 bulk, delivered Coast:
Solt While 2.37 y. Soft While (ex
cluding Rex) 2.37 While Club.
2.37 '.j.
Hard Red Winter: Ordinary 2.41:
10 per cent 2.41; 11 per cent 2.41:
12 per cent 2.41.
Hard White Baart: Ordinary,
2.42; 10 per cent 2.42: 11 per cent
2.44; 13 per cent 2.46.
Woailicr
Western Oregon Cloudy night
and morning through Friday, out
sunny afternoons. Not quita so
warm In southern Interior Thurs
day. Highs both days 76 to 85 over
interior and 60 on coast. Lows
Thursday night 60 to 68. Off coast
winds northwesterly and 13 to 23
miles an hour except southwesterly
and 8 to 15 miles an hour ou mi
med late coast.
Eastern Oregon Fair except
scattered afternoon thundershow
ers through Friday. Not quite so
warm. Highs both days 82 to 92.
Lows Thursday night 66 to 65.
Grants Pass and Vicinity - rair
through Friday. Continued warm
with high of t2 Thursday and 95
Fridiiy. Low Thursday night 68.
Hv The Associated Press
24 hours to 4:30 a.m. Thursday
Max. Mln. Prep.
Bnker 90 65 T
Eugene 76 65
La Grande 91 61 .01
Lakevicw 84 49
Mediord 91 55
North Bend 63 56 T
Ontario 98 61 T
Pendleton 95 67
Portland Airport 76 61
Roseburg 83 63
Salem 80 46
iv 1 z r ....
mm fMm
mi V11 ' u '' I
mr in
l I'! 'It . f , 1
AUGUST MEETING of the Klamafh Hiitorical Socltfy wi held at the Tom Calmat horn. In
Keno. Richard Pucltett arranged a program of eld time memories. The group it shown above
at the Calmes home.
Boise'
Chicago
Denver
Eureka
Los Angeles
New York
Red Bluff
San Francisco
Seattle
Spokane
94
84
92
61
70
89
94
63
73
91
61
67
61
63
60
69
67
54
57
61
.03
LIVESTOCK
PORTLAND I (USDA
Cattle salable 50; market strong
on scattered lots available with
cows now generally 60-1.00 higher
man Monday: steers scarce: odd
cutter and utility grades, 17.00-
23. uo; neuers scarce: tew canner
and cutter cows 14.00-16 00: odd
heavy commercial cows 19.00:
bulls scarce.
Calves salable 25: few utility
and commercial calves and veal
ers about steady at 15.00-24.00:
good and choice salable around
26.00-28.00 or above.
Hogs salable 150: market very
slow: mostly weak-25c lower than
Wednesday or around 1.25 lower
than Tuesday: choice No. 1 and 2
butchers from 180 - 225 lb 24.00
24.25: choice 144-157 lb 22.50: odd
choice 300-450 lb sows 20.00-21.00.
bneep salable 450: market ac
tive, fully steady; good - prime
spring lambs 25.50-26.50: few
choice and prime 84-85 lb 26.75;
good feeders 21.0 -21.50; good and
choice slaughter ewes 6.00-7.00.
LIVESTOCK
CHICAGO Hog prices re
gained 25 to mostly 50 cents a
hundred pounds Thursday as coun
try suppliers reefed their sales to
adjust to recent declines. Im
provement in the walkout situation
at various packing plants also
tended to stimulate the buying side
of the market.
Cattle were steady to 35 cents
higher and sheep steady.
Most choice butcher weight hogs
sold from $31.00 to $02.60. the prac
tical top. although two loads stood
out of line at $22.90 to $33.00. Sows
were mainly $16.75 to $21.00, with
a few meriting $31.60 in light
weight.
Clearance was good early on the
5.000 hogs on sale. This was not
much above the 4.690 head sold in
the quarantined market of a week
ago and also was 2.000 below trade
anticipations. This helped push the
market higher, although buyers
also had to absorb an unsold hold
over of 1.000 head from Wednes
day's lower price session.
Good to prime steers sold from
$28.50 to $35.00 but top prime grade
was absent.
Good to prime heifers brought
$28.00 to $34.50 while cows topped
at $22.00. bulls at $26.00, and veal
ers at $33.00.
Native spring lambs ranged from
$30.50 to $31.60 while shoms and
yearlings made $26.00 for choice
grade. Ewes sold downward from
$9.25. Estimated arrivals on public
sale included 2.500 cattle, 300
calves, and 1,500 sheep.
Adams New OTI
Housing Boss
Don Ada ins has bern named the
new housmK int-naiier at Ore noil
IVclmiCiU Insiitult?, .school odicinU
announced today.
Alia ins served here (or seven.!
years as field scout executive of
the Modoc Area Council, Boy Bcouts
of America. He resinned his po
sit um several weeks niio, and was
appointed last week to his present
Pelican Butte
Road Opens
The road inio Pelican Bulte is
now open to travel. Disl. Ranger
Bob Cooper announced today.
Though it's Mid-August, lookout
Francis Gaines had to shovel
through foor-Ioot drifts to open the
road up. The lookout Is one of the
highest in this part of the country,
perched atop 6000-loot Pelican
Butle.
It may be visited by taking the
Lake of the Woods road, turning off
Just beyond the Rocky Point Junction.
TV VOTE
EUGENE Lfi Its up to the
people of this city to decide wheth
er or not television stations will
be permitted to use the top of
Spencer Bulte part of a city park
for transmission facilities.
The council has placed the TV
Issue on the Nov. 4 general elec
tion ballot. Since the park belongs
to the public, council members de
cided to put the problem to a vote.
New Railroad
Service Mulled
BAKER Ifl A railroad freluht
service from here to John Day has
been proposed by a group of Oianl
County businessmen. '
In a session at Boise. Idaho, the
delegation told Chicago b North
western and Union Pacilic Rail
road olflcials they expected suf
ficient revenue to insure a reason
able profit on such an Investment.
The group said low Irelgbt rates
for shipments of livestock, lumber,
and mineral ore would create more
mining activity in Grant County.
The businessmen said the line
could probably be built over the
same grade used by the narrow
gauge line from here to Prairie
City many years ago.
Rail officials said the proposal
would receive further study.
Parolee Held
In Local Jail
A num booked as Jerry Pulmrr
Ellis, J7, Mild to be on parole from
Washington Slate I'risun, Is held
m the County Jul! today for hiiv
inn no operator's license,
l(t was arrested shortly after
midnight at Chemult ui company
with a lA-year-old Portland Kirl.
State Police brouRht him to the
Juil here and the irl to the Juvemlo
home.
This mornlntt she wna taken to
the district attorney'! office for
questioning Hhe wan reported to
be a ward of the Mullnomnh Juven
ile Court.
Ml'NUirAI. roi'HT
Knntltt !,..udnntlh. drank, fint.
or ?l !)
Rlt'hard HiilwU, drunk. I'ld tw
ivril J Kniion. fll fltld HtM of
. rt.it. tit.
IMP I HU T roi RT
Mawmwd Colllrw. ovtrliiad fatUtt
VIA lull
lUtmnnd Collini, n ll?C permit
rirfll ftld hall
Kilgtir Jimrii uilinro. no v
Httnlllun, ovtrumq.
pt't:
Nlvwart Kinnrth WmIuM,
iuN.il) k-.tif. 1 1 ilft hail
t'oa 'Patrick rttuaiaM, no ntiaialor'a
llcviu rina, M
lUrvht Paul Haiirl. truck !! I n
at
I'hulaa IUhkI Jr , dtunk. rorfrlt MS
Dal)
t)wn KUItlla, iliuiik. rrflt J '
HnlMtl l-oiiifltiia niambara, im I'lH
mi mil rtna, all)
Mario Uomtiilr Pcitra. no atop
I lata pin. 3.
Malvm t'iova Hmiih. inailaqualt amar
grni'V hraka ptit, t
Howard William Uogua. no oparalor a
tit-ant. jrtno,
Iloltart riaraiM-o Millar. Iniuiflrlant
blnrlina rliaiita rina, 9.1
H.m aid I'hartaa Prwla. pally lac
cany ban Intra ummihIpiI.
J a in a rdwairi Ta lur, (all Idanllty
ni.ilnr vaihlrla Flit
plnd lrh Mintar, fall tdanllfr
nittitr wahlla Vina,
Way i, a Arlhur Har1u(f. fall fdanllir
nitilor vatiitla. rina. ao.
Oltvrr rvani Itllay, no flra aaltiv
guUltar. rina, IS.
Wanted 4 Ullori for alierallon
work. Temporary work. Apply In
peraoii at Dirk Herder'.
Rioters Face r
Legal Noose
CAIItO, Egypt I Moh llllllilril
H.'uvulloin had warning UhIv in
kn-p atlll or run the ruk of hum
lug Hie ciiiuiliy'a nillllaiv cum.
lliamler ailluxnard Inhl lllghl anv
atlrnipl at illstiiilianie woulil im
ciillnlileird IHUIl lleaniill, ail 0llrn
plllll.tllnblo by llrnlll.
The announcement from M)
Clril. Miilinillliird Nagillb, Ainiv
chief of stall mid arilillri.l nf ihn
recent nillllnry iuiii U rlal, to.
lowed a laUm rlul oiilxlde Alr.
aiiilrlu yesterday III which five lo
seven Hrs(iiis died.
Itepiirlrdly tlin rloleia, who i
tal ked a textile plant, ilninaiulril
higher pay. A military luqiiiiv
cuiirl whs malted t Alexandria to
srek out nud ptittlnh the IiiMIuuUiin.
I, mul auihiirltlra also aald Iimi
lirrMiiui were tinilrr arrent or In
vrslignlliiu for coiiipllclty In Ilia
rmt.
It was the flint public dlr.lnr
baiice nllicr Nagillb and the Armv
liLstallrd rreinier Aly Mahrr and
forced ei-Kuiu Fmouk to abdicate
three weeks ago.
Nugulb In his communique ald
the rlols were stalled by traitors
and criminals who. by the idi
ui violence, created a threat to
Egyptian llle and pruerly.
WANTED
Cairl to learn Linotype See Cie
Smith at Herald and Nrwi.
NEW OFFICE HOURS
We're Open Now From ,
7:00 A.M. to 5:30 P.M. Mon. thru Fri.
and from
7:00 A.M. to 1 :00 P.M. Saturday!
MEN'S HAND LAUNDRY
11th & Klamath
Phone 2-2531
INCDItrlllt A 1 1 I)
ArllcaU of lliiorkirullon wrie
filed tmlnV III Ualem for the Mix
military UmUInt Churili of Klnm
alh I"ll, by I.. I., l.yliralil, Drail
Hnillli and Paul 111 own.
Tnnnnnnnni c a c a cinnrinnrn n bb bh8 a i n a "c"irirrt o a o Mmnt
TREAT YOUR
CAR NOW!
LUBRICATION SPECIAL...
AUGUST ONLY
Changt Motor Oil S2.00
(5 Quart Capacity Can Only)
LUBRICATE CHASSIS ... $1.23
SERVICE AIR CLEANER 50
Repack Front Wheel Bearing! 2.00
3
- REGULAR PRICE
AUGUST
PACKAGE PRICE ONLY
LIVESTOCK
SOUTH BAN FRANCISCO Wl
(USDA) Cattle: 50,- largely
weekend cleanup of cattle, dull,
few lote utility steers offered, she
tock weak, few commercial heif
ers 36.50, odd commercial cows
20.00. utility dull at 17.00-18 00. odd
canner and cutter cows 14.00-16.00,
few 1825 lb commercial bulls 27.50.
, Calves 50, mostly utility to com
mercial heavy range calves, early
steady with week's 1.00 to 2.00 de
cline, small lot good and choice 311
lb slaughter calves 29.00, commer
cial 27.00 to killers, good 315 lb
stock steer calves 26.50.
Hogs 5;, butchers 25c higher,
small lots 190-230 lbs No. 1 butch
ers. 24.55; sows absent.
Sheep 800, mostly shorn lambs,
undertone steady, cull 47 lbs feed
er shorn lambs 15.00, good and
choice yearlings 21.00, cull and
Utility, ewes 5.50-6.50.
POTATOES
CHICAGO W) Potatoes: Ar
rivals 81, on track 147; total U.S.
shipments 364; about steady for
Whites, firm for Reds; California
Long Whites $6.70, Bakers 7.00;
Idaho-Oregon Long Whites $6.65,
Russets $6.60-90; Washington Long
Whites $6.60, Russets $6.75-80.
Wanted 4 tailors for alteration
work. Temporary work. Apply in
person at Dick Reciter's.
As a Businessman
I like
the
BILTM0RE
because...
I LIKE CONVENIENCE
I It' right downtown,
i near all my clients
.r end financial centers.
n AND I LIKE SERVICE
t day laundry service.
Stenographic service.
Men's club and plunge.
REASONABLE PRICES
. 1500 ROOMS WITH BATH
FOUR DINING. ROOMS
, FOUR COCKTAIL LOUNOES
Homt f Hit '
WODIO FAMOUS
Ann
$575
W5
ASHLEY CHEVROLET
Phone 4113 410 So. 6th
I $ DOWN j
Holds Any Co 1 (
1 UnW October 10. 1
MMm $1775
8w7 W '
STARTS TOMORROW AT HARDY'S!
MEN! GET READY FOR FALL
AND WINTER! SAVE ON
THIS PRE-SEASON EVENT!
' . ' . i ; '
Now, at never before, it will pay you to take advantage of our Annual
Auqust Topcoot Sole! Come in and pick out your coat now, from an
sutstonding selection of styles, fabrics, and colors, including tweeds,
100 wool gabardines, coverts and rayons. Only $5.00 down will hold
your coat until October 10th,
'NT- y J 14 .V ' e
.1. TI. I
2y
$390
A.
i i ' ,
11 i
MA
STORE FOR MEN
820 Main
Phone (778
T ;
P,
!, t ' 'if M
IV" uf j
i i S 'M 'A ? 1
ihr - '- . f
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