Oakland Tribune from Oakland, California • 58

TODAY'S BUSINESS MIRROR Stock Market TF II A TE and Corn Options CATERPILLAR NAMES PERTZ SERVICE MANAGER AIDE At; Long Last! Cost Of Living May Drop The appointment of Harry Lower Under Heavy Selling Scores Second Day Advance Pertz as assistant service man- ar I By SAM DAWSON 58 Oakland Tribune, Friday, Oct. 24, 1952 NEW YORK, Oct. 24. (P) The long-suffering consumer i ag.er oi tne wesiern division oi Caterpillar Tractor Company, was' announced this week by H. 4 D.

Welch, the company's west By WILLIAM FERRIS By RAD KB WINGET gets a break today. There nope that the cost ox living may rt, NEW YORK, Oct 24. tffV The I turning down at last. And the purchasing power of the CHICAGO, Oct 24 UPl Corn ttocjc maraei i dollar may rise in the months ahead. sank a cent or more under heavy ern division service manager.

Pertz served as assistant manager for the eastern division be- erately today, ior tne secona -o moacur nnnn nt T.aW selling nressure from elevator fluSSSSTK Statistics' consumer price index-has been steadily maHngK- incentive. Price throughout the new recora nigns. wnoiesaie prices oi mosi commoaiues "Tr': 7 list were right around their best onai lows. fore his assignment to the San Leandro headquarters of the west-i era division. Pertz, a graduate of Purdue joined Caterpillar in 0948 as a college graduate trainee.

levels at the close. UA Weakness in corn had consid MUTUAL SAVING Most gains were fractional, but they went on Up to around 2 points. Losses were limited to a saie cuinuiuuny prices is now erable effect on other sections well below what it was a year 0f the market Soybeans, oats and ago. rye sold under the previous-close DEPOSITS TOP At last this downturn in prices most of the session. Wheat re Volume came to an estimated I'SS Kl I LK JINK is beginning to show in the re- sisted the selling, although it 1.100 000 thirM That rnmrvarVn I tail index.

In September the started to retreat late in the day, NEW YORK, Oct with 1,260,000 shares traded yes The new assistant service manager is a member of the Society of Automotive En- gmeers and of the American Society of Mechanical Engineers. Eugene P. Barta has been named eastern division assistant to succeed Pertz. cost of living's steady rise was Brokers attributed the selling terday. halted.

in corn futures by elevator Oils displayed substantial plus Deposits in the 529 Mutual Savings Banks in the U.S. climbed to a record during the first nine That September easing mav be houses to hedging. They said signs, and there was liberal help Henry C. Parts for the advance from steels, rails, only a flash in the pan, of course, tne elevators sold the futures as Consumers have had their hopes they bought cash grain. The run months this year, the National chemicals, building material is Association of Mutual Savings dashed before.

of new crop cash gram to market sues, and some aircraf ts. Banks reported today. WORLD WIDE I has been heavy this week. Of Republic Aviation was up on a I tj 4w. llerings in futures were taken on fine earnings report with a lot of The 1952 Increase to 30 was $1,270,000,000 com Retail Store Sales Increase Rail Freight Volume Declines early activity.

ilOLJI -1 I that orice decreases in commodi- a uww" "aucia pared with a $581,000,000 in Studebaker dropped back after I 4 11 1 I wnei coea i i cent lower. i- 1.37; torn. 1VW to 1 lower nu iu uig nuiAU uaajt CmDer S3l3o crease reported for the first I be finally heralding the back- December 1.63W-1.R3H; oaU. lower to 1Z. V.

i aV. I OKI oCiZ. reporting third quarter earnings equal to 21 cents a share as! SfeBa SMtea nine months of 1951. down from inflation heights that lower. December Sl.S8.l.Mtt: soy-hae lxxrsire rm.

a v.9r 1. lower. Novembei always come against 50 cents a year ago. So far this year the Muutal Savings Banks have increased NEW YORK, Oct. 24, WASHINGTON, Oct Deep Rock Oil added between pounai lower, S8.70.

after a major war. their mortgage loans by E. E. Bundy feighO, vics-prssldoiii La chanye production FIbrboard Prodncti. Inc newly appointed xcutiT rice-president oi the firm.

M. E. Scmiord GefO replace Bundy as vice-president la charge oi production. and 2 points today on top of its Falling temperatures were cred 043,000,000 and corporate and' hreaUier in the high cost roirn RANGE gain yesterday of 3. ited with boosting retail trade in miir.iHr.ai living in oepiemDer is crecuteai Stocks advancing included I CHICAGO.

Oft 9A. Ann aaa k. I tu a uiuu in reiau luou prices. I Open High Low Close General Motors, Republic SteeL most parts of the Nation in the week ended Wednesday. Dun Much of this is seasonal, reflect- UJS.

Government bond hold Dec 2.37 2.36 2.36T.-37 Santa Fe, Sinclair Oil, Air Re 2.37-36 3.43 Vt-Vm int? the decline in farm nrndiiri Mar. PRICE PROBLEMS BF MM aaai ings hy $141,000,000 the as Bradstreet estimated total dollar duction and Boeing. sociation said. prices as harvests move to mar- buiy a'45- Irpt I COBN volume was 3 to 7 per cent higher than that in the comparable week 3.43 ft 2.43 2.43 2.46 2.46 2.46tt-y 2.46V. 2.43 2.44 1.64 1.83 1.63- 1.68 1.6S 1.68-68 1.71 1.69 1.69-70 1.72 1.70 1.71 VaMHBHMMHMHH The Trade Winds And the Agriculture a year ago.

Railroad freight volume con- tinued a slight decline last week, dropping off to 838,377 cars, the Association of American Railroads reported yesterday. The total, for the week ended; October 18, was 4336 cars or 0.5 per cent below the previous week, 48,271 cars or 5.4 per cent below the corresponding week; last year, and 52,853 cars or 5.9 per cent below the corresponding week two years ago. Loadings by classifications, with increase or decrease from-the previous week and the cor responding week a year agoj foliow: i Texas Co. Votes Parke, Davis Co. Net Sets Record 'Late shopping, hours and re ment predicts that retail food July ljfivi prices are likely to average about becs- laxed credit terms," Dun Brad the same in 1953 as this year.

Extra; Regular Up .85 Mm .85 street said in its weekly report .88 .88 .85 y. DETROIT, Oct 24. Of) Parke, in tne iirst two years of the July hejped to stir shoppers interest vi L'ur vnnr ia tn u.n. I hyi Davis Sc Co. today reported rec While suburban stores continued j.

vjui, wv.h -m. mi iioreaa war doxh xne wnoiesaie Dec. 3.00 t.OOH 1.98V4 l.8-4 2.03 2.01. 2.02 ord net earnings of Directors of Texas Co. today commodity price averages and 202 to chalk up the most favorable 2.01 '4 1.994 1.99-2.

00 ior me xirsi nine monuu tu. votea an increased quarterly tne consumers' price index rose soybeans comparisons with a year before, NEW YORK, Oct. 21 Bankers are disturbed about the Nation's economic outlook. Reason: retail prices. Factually, say bankers, the Nation is no longer a low-cost producer.

The once popular-priced cars now retail at $2500 or more. It's difficult for even better-paid workers to buy a car without going into debt. year. dividend of 75 cents and declared 11 per cent But there was a aMZSavl sales in large city department 2.95 2.93 Vi J.934-V4 2.99 2.97 2.97V.-B7 3.01V, 2.99 '4 2.99 3.02V 3.00 3.00- 3.003 2.99 2.99'i- i.ne pnarmactuucsi ixrm an extra 01 ou cenu a snare uoin smiting ainerence. Ixl 3 stores were not as laggard as in agnail 7 R7 I VI- 11 V1 I Tin 1 i- recent months." us uci iiiiftj 1 ui Ddviuic xct.

xv iiuiucu i ri uuiesaie di ices 1 1 a juit 3.00 v. of record November 7. Previous sharolv at first hit their rwaV Ixt. "r- Apparel purchases increased as It noted that, a little more than two years alter the tan ding and compared with ad- quarterly payments were 65 more than a year ago, and then 32-15 Lm1 Previous Yea Miscellaneoua Freight 422.943 4- 7.254- 4,841 Lesg than Carlot Mdse 73.278- 418- BAS Coal retailers took advantage of cooler Korean war outbreak, Amer 8.80 10.15 10.20 10.52 10.90 11.17 justed net earnings of $13,320,849, cents. went into a lone decline.

They io.m 8.70 10.05 10.10 10.45 10.80 11.17 8.70 10.07 10.12 10.45 10.82 11.17 weather to promote their wares ica's Industrial expansion has lh nrevioilS hich and eOUal tO I rV; V.r4n fntol ngnntnft oron't Koolr tn I May 10.87-90 aggressively. Leading in popu urain ana urain J2.72 a Share, ior tne Iirsi nine in 43 pnmnared with vet hut some individual mm proved itself capable of fully satisfying combined military Product lariiy in most sections were months last year. $3.05 on the same share basis in modities are there or near there. CASH GRAIN women's coats, men's suits and M.8P.1-. 314- J.Mf .12.

4- 370- 2.81(1 17.525 4- 485- fiJ 14.9184- 4.17- 8S1 44.548 4- 3.241- l.ftj 8S.3S5 1.590 4- 14.883 4- 105- 1 Net sales 01 tne company 195i rnwsmvTFRS rvnsrif sportswear. Purchasing of hunt and civilian needs. Raw ma terials are ample, and no short CHICAGO, Oct 24. WV-Cash wheat: Western DUtricU Livestock Wetern DUtricU Foreit Product Ore Coke None. totaled $98,952,495 for the first ing wear rose sharply.

The company reported net in infiM-. I Corn The consumers price New No. 3 yellow, ages are likely. Grocers and other food retail 504 for the a 1 come totaled 1128,888, nine months this year. For the same period last year, net sales As is, agree bankers, the pres .11 1 3 tr j.

ers reported steady rises in de Oats: None. nine monuis enaea oepiemoer It trailed mand. The total spent on food were 1102,861,249. Maltini-. a Duicy, nominal: 30.

This was equal to $4.69 Bond Prices On October 31, Parke-Davis witv, was estimated about 5 per cent .1. Field seed. 1 field seed, per hundredweight, nom ent record figure of outstanding consumer credit isn't an economic threat But we are approaching the season when con going ngni on up, passea wnoie- inai: Sweet clover, a -o- v- ft i. clover, greater than that of a year ago, will maxe a quaneriy tuviucuu a 0v i i iv wniie, 063,133, or $4.80 a share, in the L.1a ow fivr. ytuow, ta.oo-8.75: redtoo.

s38.5o-3ToX Response to many promotions Move Narrowly like period a year ago. L. payment of 55 cents a share to stockholders of record October 3, amounting to $2,692,125. The sumer credit normally climbs to W. S.

Rodgers, chairman oi Hir1 of household goods was described as mixed. Most frequently sought the board, said the figures in- ciimhinff after nrirpi tnmoH nft? LUCAL GRAIN- board, saia tne iigures in-climbing after prices turned soft? Its highest point of the year. Question: With consumer On N.Y. Mart i were decorating materials, wash ers, floor coverings and bedding, vjua elude dividends from domestic Manufacturers exnlain that al- ORATN-in per cwt, bulk basla. dividend for the company which non-subsidiarv com-Lv.

explain tnat ai- Uac)a sn rrancuco it aeth aimiversarv tom non-supsidiary com though the cost of raw materials No. bricht Western b- celebrates its i At inn 1 to I u- Dun Bradstreet made -the NEW YORK, Oct. 24. panies amounung has eased in many instances, this Ni- 65 October 26, following estimates of regional goods prices sky high, and no "shortages of supplies, how will consumers meet debt payments should employment be reduced along with the impending dip In 1---" vaM I in the latest period against The bond market moved naw rowly today. increases from the 1952 week 935,306 in the first nine months other costs.

Thev list risinz s.72V4es.73 Treasury obligations New England 2 to 6 per cent, i ijnuura maiunc types 3.85 63.90 of 1931. Iwaees. hicrher freieht rates, and Good maitin tmea iast and Northwest 1 to 5, Mid defense production? RHEEM NINE MONTH NET DOWN $1.20 NEW YORK, Oct 24. Ufi Directors of Rheem Manufacturing Company declared a 50-cent dividend on common shares, payable December 10 to holders of record November 15. Payments of 60 cents have been made in preceding quarters.

The company also reported net earnings of 77 cents per share for the third quarter as compared with 51 cents in the first quarter and 52 cents in the second quarter of 1952. For the first nine months of this year, net sales were and net earnings totalled $2,592,556, equal after preferred dividends, to $1.80 per share. For the corresponding period last year net sales were $69,044,000 and net earnings $3,344,075 or $3.00 per -ahare. President R. S.

Rheem said that: "While earnings for the nine months' period are disappointing when compared with our record volume of sales, nevertheless the improvements in profit margins which were predicted are For the third quarter this year, increased service charges. Cboicemaitinr typei s.85, steady in early over-the-counter! trading. Foreign liens changed Monthly Bond Prices Decrease west 3 to 7, South. Southwest Tpt Cn TPnnrtpd net income of an Za JJ i 2 SZg Did you know that today and Pacific Coast 4 to 8. $45,843,774, or $1.67 a share, sure on the price of manufac- SIS e3MV4 fractionally, except for the JaH anese Great Consolidated ElecJ mirks the start of the 23rd anni NEW YORK.

Oct 24. compared witn oritured goods. And some manu- S- i. 2 52 trie 7s up a point at 142. 3.T0 Court Rules versary of the worst financia panic in Wall Street history? The New York Stock Exchange $1.66 a share, in the same period I facturers also include high taxes.

SXD3 Bassed, per ton. la car- The corporate list maintained JoU: reported yesterday tne average a year ago. HIDDEN TAXES FACTOR Standard mlllrun 9.oo Against Richfield A- 1 1 I Expect Washington to break out with a rash of anti-trust suits market price of all bond issues listed on the exchange was $97.46 iuany prouucis aiso Dear eiuier I uijea. per ion. in yesterday's levels during thl first few hours.

Trading was un4 hurried and selective. Climbing a point were Household Finance! 2s at 95 and Katy Railroad direct Or hidden taxes, boosting! Choice aUalfa. reneraQycom-their Tirice. L.P"W U-S. No.

1 at'the end of September, The State Supreme Court has 1 a 1 i a aaginst the Nation's biggest cor $44.09 This compared with $98.14 at i no. i aairv. reneraiir com- iuicu uiat me suriace or an oil U.S. No. 2 leafy 4J.00fl44.00 1 uroll -rotV, The rising cost of services is parabl I Nn.

nalrv nerally com- I v. "'on nc uuwm, uc- the end of August The total was the smallest since December 31, first 4s at 91. porationx. These will be filed before the close of this year. It commits the incoming administration whether Republican or a major laexor in tne cost oi parable lo O.s.

No. a 4a.oo43.oo termines whether it can be con living. Retailers say it costs demned as a publie nuisance un Fractionally higher at one timsi 1951. when the average was mem more to sea you gooas now. fljijlTK ANri nAUP der the Ca ifornia -Rpsnnrr.

$97.43. were Baltimore Ohio 1995. Canada Southern 6s. Chi I mw wrUTIIa I marxeung costs are up and Code There were 938 bond issues, Bi-cTMia narifi pwi ppviai i Democratic. A legal action filed must be prosecuted unless the attorney general asks that it be cago Union Station 3s, Western! Union 5s, and Cities Service 3s.

aggregating $102,314,541,360 par uuriouuon ana xransponauon FTl pJ The decision upheld a Santa charges higher. pric. to. Barbara SuDerior Court ruling 1 1 1 iumi Kill uic i.t i Tilted downward were Illinois Merchants also quarrel with fb sr. aZZzX acainst RichfielH on Cnrn dismissed.

Such action always in volves a political risk. 41 I -I Central 4s, Northern Pacific sonprit damacrpc trnm Wollm line xyLo cost oi living inaex on and the total marset vaiue oi those obligations on that date 5s, General Foods 3s, Hudw ie ground that it doesn't reflect rBYiasl: aiOJ 4se" Crawford and A. E. Hiles of Long Expect Important retailing many of -the breaks the careful ItA 15212 Beach. was $99,712,148,386.

son Coal 5s, and Public Service" Electric 3s of 1963. firms to drop the lines of many On August 31 there were 43 shopper has been getting. The roasters index is based on list prices. It LJntiSdJl IS''-" The Denver School District a d-g manufacturers of rice-maintained items. The i i i a i bond issues listed on the ex doesn't include the bargains at Hena 4 ibe and 2324 Montana Oil Leases change with aggregate par value will bring its largest bond issua to market on November 12.

Lo 3133 wen ownea. Dy me two 3435 men on property adjoining Rich- field land in Santa Barbara of $102,443,779,314 and total mar sales, or the markdowns and dis- munL that unmp Rrmnrw rivL.A5FIht" WASHINGTON, Oct 24. im ket value of $100,536,92816. cal voters recently approved 30 million dollar offering. The Bureau of Land Manage swing will be strong early next year.

Reason: Manufacturers a rent enforcing fair-trade contracts. It hurts sales volume of retailers who do comply. They County, was in violation of the 4SC46 code's section relating to SDacine taken advantage of. I ment will open bids November ine inaex itseii is in ior a race 1 Hena. yount.

ail wta. 0 for the oil and gas leasing'ol 4748 of oil and gas wells. 4546 Tjie court held that there was MINING EXCHANGE THtraSDAT, OCTOBSm ss lifting the first of the year. sattmg ducxs lor the corn- are new one is being brought out I rJTt b-1 i.ioaiJO nothing in the act to indicate the sharp 5770 acres of public land in Montana. The land is In the Cedar Creek field in Wibaux and Fal High Low Sal.

petitiva price-cutting shooters. 634 legislature wanted to limit the iprouucfc 01 monuis 01 researcn 1 under 12 lbs. .03 OH MM into the changing buying habits nnAMtrrr bottom of the well In relation to BOO Acme lon Counties. UMIuKkl jr .10 .10 .10 .12 .12 and living standards of Amer-1 1 rRUuui other boundaries. It upheld the icans.

I butter 3 acoreKTSc; 92 acore. 75c: lower court's finding that the en- 4000 Cold Metal 10OO Manhattan Com Building Permits Off 5.8 Per Cent NEW YORK, 24. tfl The total value of building permits issued in 215 cities last month amounted to $388,886,585, a drop of 5.8 per cent from the like month last year when tho' total was $412,834,648, Dun is Cash Circulation Drops Dwight Richards has bn appointed Director oi Encd-neering of Oliver United 11 wiu aiso snm lis oase. xne cheese Grada x. loaf.

Biassot md weix is on DroDertv wnicn I ft ..1. ittsiii. I WASHINGTON, Oct 24v (JV SPOT METALS present one uses the 1935-39 1 "EGciTrge'rad. A.esc: medium. I qoes not belong to Richfield, NXW YORK.

Oct. 24. 1 Spot non- average oi retail prices ana serv- a. m1 sraoe a. aac.

Krade A. MMc: amall. era Ulters Incorporated ox WJ nound ConntlcutVaneyt'eS Money in circulation decreased 10o million dollars during the week ended October 22, the Federal Reserve Board reported to ices for Its base period. TnelnU: Lanre. Tde A.

70c: medium, cradel Contract Awards New York, Chicago and rr rr.o will 1947-49 sver- ouc: mmu. rraae A. sac lie a pouno. new ivrs; axc Oakland. I age for a base.

Dound. New York: quickfUrer. 7B-pouno I Bradstreet reported. Wealthy Investors are more concerned than is generally acknowledged about the continuing downtrend in export figures. Though over-all volume is high, the' 1952 total has held below year-ago levels despite a considerable amount of foreign aid.

Exports are but a small fraction of the Nation's total business volume. But they constitute an important part of many major inchistries, especially In keeping activity above the break-even coerating point That business day. hak. $183.00, nominal. New Tork.

Dip 15 Per Cent WHOLESALE PRODUCE Last month was the sixth this year in which permit values wero NEW YORK, Oct 24. niDAT, OCTOBEB 14 By tea Paltea Freaa THEY'RE DOING below the year-ago level. Heavy construction contract awards reported in the week The September figure com FBC1TS pared with for, APPLES Santa Cruz, S3.50a3.75. AVOCADOS So. $4.5024.75.

ended Monday dipped to August, a decline of 1.5 per cent. -Business, Finance in the Eastbay strawberries Monterey, s.75o 335,000 or 15 per cent under the cantaloupes San Joaquin, $3.00. average week to date this year, FIGS Santa Clara. $1.5001.75. grapes san Joaquin.

Engineering News -Record and lrmrw it is said, accounts for the the Air Force announced today ner meeting held recently at the The Oakland Chamber of Com sag in securities prices. the Construction Daily said to Extensive remodeling has started on store space with 40 Claremont Hotel. GRAPEFRUIT So. $8.00. LEMONS So.

S7.75iS8.00. ORANGES So. S8.75Q9.0O. PEARS Lake. S4.00424.50.

The manual should aid all those conducting business with the day, Among nine new members of The total, consisting of $104, The National Association of Credit Men points out that Industry's funded debt is rising WATERMELONS S. Joaquin, 2Q2V4c. merce ever-popular Trade Club will celebrate its first anniversary Wednesday when the trictly-for-pleasure dinner and USAF. Geographical regions showed wide variations in valuation changes compared with September last year, however. Permit values were up 33 per cent in the middle Atlantic division and up 3.8 per cent In the Pacific area.

All other sections showed declines, topped by New England in which permits were off 43.5 per cent from the year-ago level. 187,000 in private construction the club were Albert D. Board man, switchgear and control di Free copies are available at ARTICHOKES San Mateo, $4.5025.00 and $156,148,000 in public con while liauid position is declining entertainment meeting is spon BROCCOLI Monterey, 50. CABBAGE San Mateo. $1.5001.75.

vision; Hugo K. Haack, transformer and allied products division, and Angela Ivona, Oakland Reason: Cash recfuired to pay tax levies. Corporations increasing sored by the paper and janitorial any Air Procurement district or regional office or by writing to Commanding General, Air Material Command, Wright-Pat struction, compared with the previous week and $189,111,000 in the corresponding CAULIFLOWER S. Mateo. $1.501.75.

ejljucy santa Clara. $1.50421.73. supplies industry. lamp works. The reception is scheduled for week last year.

5 pjti. at the Colombo Club, S3 21 The cumulative volume for the terson AFB, Ohio, Attention: Industrial Relations Section, N.Y. COTTON MARKET NEW YORK. Oct 24. A Cotton fu Claremont Avenue, dinner at 7 43 weeks of the year to date tures closed 35 eenta to $1.80 a bale lower MCPAXC-1.

DJn. and entertainment at 8 p.m climbed to $13,425,530,000 com than the previous cloge: according to Frank Piva, rite N.Y. Exchange Profits, Volume Off NEW YORK, Oct 24. The High Low Close pared with $11,751,415,000 in the Six executives from Armco Steel Corporation at Berkeley will attend a special celebration in. Middletown, Ohio, Monday, honoring Charles R.

Hook, company chairman, on completion of A Pacific Coast regional meet 30.OU I December 36.41 March 36.78 ing has been scheduled Monday 36.36 36.36-38 jcai. 36.36-38 36.52-53 36.92 and Tuesday in San Francisco by New York Stock Exchange today Mar 36.91 July 36.70 October 35.10 December 35.06 36.34 36.34 34.92 34.98 the Office of Rent Stabilization his 50th year with the firm. Weekly Auto 34.90 34.90-96 bonded debt means the weakening of the position of preferred and common shares in the event cf bankruptcy, reorganization or dissolution. Fromra ic Sichers President I Franz W. Sichel has set October 30 as the day to announce a new Vnm of wines, vermouths and brandies under the trade name of lIasson." These will be en-.

tirely ail-American items. Did you know, asks Sichel, that California made wine -accounts for about 85 per cent of all wines sold in this country? And that this year's total wine sales will feet of frontage adjacent to the Gray Shop which will be incorporated into the present store at 2000 Broadway, it was announced today. The firm has leased 2005 and 2010 Broadway and the additional space will add 4000 square feet of sales area to the present facilities, according to Leon Man-delson, manager. The alterations are expected to cost $75,000, Mandelson said, and will be utilized to add a shoe department and enlarge the sportswear, bags, hosiery and gift departments. In keeping with the present design, the new space will be modern in every detail, Mandelson announced.

It is expected to be in use by December 10. WUfiam Douxhart Oakland has been appointed executive secretary of the Associated Concrete Contractors of California, it was announced today following conclusion of the group's reported a 20 per cent decline in. profits and a 11 per cent fall in' in Washington. March 35.02 34.90 34.93 Joining 600 Armco employees Middling, toot. 36.25n.

off 35. Rent Stabilizer James Mclnnes n-Nominal. b-Bld. a-Aaked. volume for the third quarter in feting Hook will be L.

Production Up Henderson will discuss rent con Hanson. Berkeley division man compared with the previous three months. trol problems with local and re SUGAR FUTURES DETROIT, Oct 24. Ufl This ager; N. H.

Wiggins, division crional stabilization officials of new York. Oct -fjv-TWnH week's car production total will sales manager: H. V. Dabadie California, Oregon, Washington, rocar zururea no. closed a to hirhor-1 ha tha urnnd riper, nr tno vnr and Harry IvaldL superintend 6.l7,n.8fl9;Sep- Automotive News reported yes- Utah, Arizona, 'New Mexico, ents, and Lloyd Quinlivan and worm ninr nimm Nn.

a i a ii a Third quarter profits amounted to $117,300 as against $145,695 in the second quarter. In the third quarter last year profits came to only $45,698. In the first nine months this year profits came to $335,770. Idaho, Montana and Alaska at the meeting in the Flood hiaher- March May 3.80b; July rtZT' Dave DeMartini, union representatives. The trade paper said 137,036 oqiwasir, a.BJ.

Building. mw ausar, spot. e.62a p-Nomlna b-Bld. vehicles 107,538. cars and trader.

The Matson Navigation Company's SS Lurline will undergo the annual Coast Guard inspection and four-year survey by the American Bureau of Shipping as well as the Lloyd's Classification inspection when she arrives in San Francisco from Hawaii November 26. The ship will be In port until December 22 when she will sail for the Islands on her annual Christmas cruise. Normally the Lurline inspection and lay-up is for a week, but the American Bureau surrey is more extensive and includes inspection of the vessel's machinery, hull and superstructure, Matson officials said. Three Oakland employees of General Electric Company were welcomed into the firm's Quarter, Century Club at the annual din run 23 per cent aneaa 01 lasx year? Dr. K.

K. Edlnnd. associate di 49,8 trucks would come off the A cargo of Sooth American assembly lines in united states Water Rate Hearing Set rector of research ior Shell De-velorjment Company at Emery meals destined for California Odd Lot Transactions as compared with $431,113 a year ago. plants. This is only about 1500 The State.

Public Utilities fewer than the record week NXW YORK. Oct ville, spoke on "Some Industrial stock raisers and dairymen: has been discharged at the Port of Oakland's Outer Harbor Termi (rnmission today set November ended September 20. Consequences of a JNew Chemical LIVESTOCK MARKET state convention In San Fran 19 Xot public hearing on the re- a new record mav be set -next quest of Arvin Company Week, Automotive News said, if LOS ANGELES. Oct. J4.

(1 CATTLE Reaction" at the recent regular monthly luncheon meeting of the San Francisco Patent Law nal by the British freighter Holmbury. Salable. 700, mostly eowa; alow, about to increase rates 3Z.5 per cent Imanrxrwer oroblems don't keep cisco. Other Oakland men elected to high position in the group were: Hal H. Bennett, president; ateaoy; utility and commercial cows.

80S.90-l9.SO. oulte a few unaold: eannera The vessel discharged 4200 tons ior customers in Arvin, Kern production down. The paper said and cutter. 913.00-16.00. few tlS dowal county.

I many southern workers recruited feeder ateera uniam. 'TV Th New York Stock Exchange reported today these odd-lot tinjactioris by principal dealers on the exchange for October 23: Purchases of 134,493 shares on 4S31 orders: sales of 123,872 shares on 4312 orders including 1282 shares sold short on 37 orders. 9 CALVES 150: few etock cahra) Salal Salable. A revised edition of A Gotde The hearing will be held at II for the auto factories are leaving Charles A. Prosser, secretary- steady but bulk offertns unanM; koo4 and low choice atockera, 833.00-34.00.

nd low choice etocftera, p.m. in the Arvin community this area with the advent of of peanut meal, sunflower seed and cottonseed meals. The meals are added to the fodder of cattle throughout the state. treasurer, and Glenn H. HOOS Salable.

Bono. for Selling to. the United States Air Force" can now be obtained. building. eolder weather.

SHEET Salable, nona. association.