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The Times-News from Twin Falls, Idaho • 5

Publication:
The Times-Newsi
Location:
Twin Falls, Idaho
Issue Date:
Page:
5
Extracted Article Text (OCR)

MARKETS AND FINANCE Friday, Sept. 21, 1962 Twin Falls Times-News 5 Special Event! For T.F. Club Business Mirror Bv SAM DAWSON other materials into steel's AP Business News Analyst markets. And all of these ha NEW YORK, Sept. 20 The been compounded by an industry has been airms tory glut in the hands of stetls its woes but without taking time customers, now slowly disap- MARKETS AT GLANCE IVAViJ Stocks Lower; trading: slow, urams MARKETS AT GLANCE SEW YORK.

Sept. 20 Stocks Lower trading: slow. Is Planned CHICAGO, Sept. 211 IK-Cm tures prices finished tea.iv JS the mar- from its drive to se.l more pear.r.g. tne board tra, K'i- nvr fhp hnrtjin IS trade am du: iring, Br.ds lixed: slow tradinp-Cenon lrregu.ar; liquidation and trade buying.

Chicago: Wheat Slightly firmer; late profit selling. Corn Strong short covering. Oats Steady light trade. Soybeans Higher short covering. Hogs 25 to 50 cents higher; top iM.

Slaughter steers Market not thoroughly tested top 130.50. soybeans showing the most the rather brisk At the final bell wheat congress also the and was up to cent a bushel stockholders i r.T-downm the face of about the woes. '5 up -s to Ott to 1-i soybeans up 1 drummed lard unchanged points. Mrs. Sterling C.

Larson, new president of Valley Toast -mistress club, will preside at a special anr.h ersary dinner at 6 p.m. today in the Desert Room of the Rogerson hotel. Ths year and month mark the silver anniversary of the founding club. A special invitation was extended by the new president to past presidents. to 2 3 off Most publi- cized are lower drab business news cantaweo rift the eMd.rB as many of its senior ai oore than a caffiPnt and utilities also The bean futures market moved earnings, some- It -Jkl i 'V A- A gt -JT- a "frorts ot ti-eezing in parts of Minnesota.

Wisconsin times another problem the steel im-j ions are beginning to talk about reopening their contracts next year to seek a wage increase. The woes of the industry are: real enough. But there are sisnsj that the steelmen are doing something about it. For several1 years the drive was to increase ingot production. Now the em- phasis is on technology to pro-: duce steel more cheaply and oni marketing creating new uses.

recapturing old customers. I Inroads of aluminum, glass and other materials in the. lower current ana lowa. It was feared th, a.lverse inan weatner might reduce vie; vyeans support by a were given additional strong market in meal. but not as steeply as tne Srial section.

-hPe the selling spread to rtnd more issues toward the more and hphind fell behind Railroads Given Safety Awards NEW YORK. Sept. 20 (TPS The E. H. Harriman awards for railroad safety were presented last night to eight railroads representing passenger, freight and terminal operations.

James G. Lyne, chairman ot the awards committee, said that in 1961 train travel was 22 times saftr than by automobile, almost four times as safe as domestic airlines and twice as safe as buses in terms of total passenger miles traveled per fatal accident. "Today the railroad passenger train provides the safest form of public travel devised by man," he said. The awards were made at a banquet at the Roosevelt hotel. Gold medals for the best overall safety records of 1961 were presented to the New York, Chicago and St.

Louis Railroad (Nickel Plate road) of Cleveland, Ohio; The Gulf, Mobile and Ohio railroad, Mobile, Ala: and the Bangor and Aroostock railroad, Bangor, Maine. These lines handle both passengers and freight. dividend rates and in other cases low enough to trigger divi tse6 and the tape floor, two issues vig- dend CUtS. Loom- Sn Uawson ing large is Increasing competition from foreign steel mills close the 0 bucked the trend. Crown Wheat made good early advances on covering by local shorts and commission house buying but later declined in general selling.

Traders closely watched action on farm legislation. Part of the early upturn came on reports that country offerings of cah wheat were light. Oats moved lower following early advances when offerings of December contracts at 67 cents became relatively large. Grain prices at outside markets were mostly steady to firm. Jailed up a big gain on plans vehicular industry are beins; Hurting for several years has been the growing inroad of I combatted by new high-strengtn for a Vn Livestock IDAHO FALLS IDAHO FALLS.

Sept. 20 Cattle receipts. 2.617. Choice grain fed steeVs, i2o.ou-S2t;.50 good steers, 24.00-$25.00 commercial steers. i21.50-i22.50 choice fat heifers, good fat heifers, 23.uG-$24.dO commercial cows.

utility cows, cutter cows, can-ners, 11.5U-S14.U0; bulls, 17.50-$19.50 veal calves, S25.U0-S2y.OO good feeder steers, medium feeder steers. j23.UU-i24.00 Holstein steers. S2O.0o-S22.U0 good feeding heifers, medium feeding heifers, i22.OO-$23.00 feeding cows, J13.50-$15.30; stock steer calves, S26.00-t32.00 stock heifer calves, dairy type calves. Sheep estimates. 4,500.

Choice range i assess MRS. STERLING LA SON newly lrrteii president of Magic Valley Toastmislress club, will preside at a special anniversary dinner the club at 6 p.m. today in the Roger-son hotel Desert room. as snaiyy. around Electric fell Hnnfll Nickel charter members and all former members of the club.

Tne theme for the club this year us 'Windows toward the dawn." Mrs. Larson's speech will be on the theme. Other speeches will be by Mrs. Agnes Hurst and Mrs. LaVern Strong.

Inspiration will be by Mrs. Carl Maxwell. Mrs. Inez McAuley will conduct table topics. Mrs.

C. Forrester will a reading, Mrs. Orvel Thompson will be toastmistre.ss for the evening. Mrs. Dean Kendrick, Mrs.

Theodore Sturgill and Mrs. Aimee Bryan will be hostesses. Besides Mrs. Larson, the new president, other new officers are Mrs. McAuley, vice president; Mrs.

Thompson, secretary; Mrs. Sturgill, treasurer; Mrs. I. L. Hansen, program chairman; Mrs.

Kendrick. education chairman; Mrs. H. F. Durward, lexicologist; Mrs.

Maxwell, grammarian; Mrs. Bernard Martyn, parliamentarian and Mrs. Kendrick, club representative. and ana is: lnTe than 2 after it announced The Daily Investor By WILLIAM A. DOYLE Q.

I am one of the many new investors who have bought shares of mutual funds and who have been hit by the drop in the stock market. It seems to me that, with all the brains fat lambs. J1SI.50-S 20.25 eood t. choice range fat lambs, CASH GRAIN-CHICAGO, Sept, 20 OB Cash grain sales Wheat: Unchanged; No. 2 red 2.06 nominal.

Corn: Unchanged to cent lower: No. 2 yellow 1.12-1.13 No. 3 vel-low 1.10 No. 4 yellow 1.09; 5 yellow 1.06: sample grade vellow 1.0S-1.04V Oats: Unchanged; No. 1 extra heavv mixed 6..

Rye Unchanged No. 2 plump 1.20 nominal. Barley: Malting 1.23-1.35 nomiral feed nominal. Soybeans Unchanged No. 2 yellow 2.35-2.37, track Chicago.

range feeder lambs. BREADll GOETTTNGEN. Germany, Sept. 20 (ITD The German Animal Protection league today proposed that horses and monkeys should not be allowed to drink beer. The resolution did not specify how many currently partake of the beverage.

ranch fat lambs, 19.00 ranch feeder lambs, odd ruff feeder lambs. $17.00 and down light MEETING SET PARIS, Sept. 20 lift Prime Minister Nehru of India flew here today for a three-day official visit, which will include a meeting with President De Gaulle. i. i fat ewes, Jd.OO-So.oO heavy fat ewes, canner ewes and bucks, young ewes, up to $20.00.

II HLUIrUHl funds are supposed to have, Ho? estimate. 68. Extreme top, bulk 180-220. S1S.50-S18.75 220-240, 240-260, layoffs ana a sequei wins for fourth quarter copper and nickel production cutbacks. Alcoa fell over a point as industry aluminum output dipped in AigUSt.

Ford in the autos, Youngstown in the steels, Du Pont and Union carbide in the chemicals and Cities Service in the oils fell a noint or more. Even Royal Dutch, which jacked up its interim dividend, made only minor headway. Aircrafts reacted to a report in a leading financial daily that the world market for jetliners is now in a state of oversupply. United Aircraft, Boeing and Lockheed were off more than a point at their lows. This news, brokers thought, GRAIN FUTURES CHICAGO, Sept.

20 they should have pulled a lot of their money cut of stocks in time to save their 18.50; 260-2S0, 280-300, 17.00-S17.50: sows under 300 nounds. alloy steels. They Doast Dom light weight and strength. The American Iron and Steel institute strives to encourage more imaginative use of steel. A steel products design competition currently is being sponsored by the National Design Center in New York.

The container industry took about 10 per cent of total steel shipments in 1961. A Youngstown Sheet and Tube executive predicts this year some eight million tons of steel, or about 11 per cent of the total, should be sold to this industry. Competition here has grown in recent years from paper, glass, aluminum, copper, plastics. But the steelmen have come up with a thinner tin plate to compete. Jones and Laughlin also is in there pitching with a tin can pantry program, complete with menu planning and food preparation advice.

The drive to win new markets or recapture old ones is on in earnest. But even the steel salesmen admit that the near future prospects depend upon a still unresolved uncertainty: Will business in general next year be up or down especially in the heavy industry, transportation, appliance and construction fields? Getting a bigger share of the market is fine, but there has to be a healthy market. 300-330, 330-400, over 450 pounds. stags, boars. sharehol ders some money.

Williams Bans Use of Play NEW YORK, Sept. 20 (ITD PORTLAND Don't you agree? I'm beginning to believe that I PORTLAND. Sept. 20 (USDA Doyle Cattle salable 100 few early sales Prev. High Low Close Close Wheat Dec 2.09r,a 2.07 2.08' 2 2.08 Mar 2.14 2.12 2.13 2.125, May 2.13 2.10 2.11 2.11 Corn Dec 1.08 1.07 1.08 1.07 Mar 1.11 T' 1.10 1.11 1.10 May 1.14 1.12- 1.14 1.13 July 1.15;8 1.13 1.15 1.14 Oats Dec .67 .66 .67 .66 Mar .68 .68 .68 .68 May .68 .68 .68 .68 July .66 .66 .66 Rye Dec 1.20 1.19 1.19 1.20 Mar 1.22 1.21 1.21 1.22 May 1.22 1.21 1.21 1.22 July 1.18 1.17 1.17 slaughter heifers steady few dairy cows slow, weak slaughter heifers utility and standard 16.00-22.00; cows utility dairy bred 12.50-15.00: bulls might have also influenced the cutter and utility 16.50-20.00 for the could have done better by picking individual stocks myself.

A. You're one of about five million mutual fund stockholders And, judging from the mail to this column, some (but not many) are unhappy with the week salable 3.100; slaughter steers steady to 25 higher heifers firm cows steady to 50 lower bulls steady, except some commercial 50 lower stockers and feeders uneven, steady to 1.00 performance of the funds dur lower. SATURDAY SALE September 22, 1962 150 HEAD young pre-tested white face cows 350 HEAD Good lightweight yearling steers 200 head Weaner Calves Over 400 head light Holstein calves Also Regular Run of Livestock STOCKGROWERS COMMISSION CO. Twin Falls Calves salable 25; good 430 lb. slaughter offerings steady at 23.00 ing this year big break in stock market prices.

A mutual fund obtains money choice vealers quotable at 32.00 for the week salable 550 slaughter offer ings steady stockers and feeders Playwright Tennessee Williams has withdrawn permission for future performances of his most popular play, "The Glass Menagerie," it was announced today. The announcement, issued through the office of his agent, Audrey Wood, ended plans for a coast-to-coast national repertory theater tour of the play starring Lillian Gish. "He feels the play has been overexposed to the point of weariness and he just doesn't want it performed any more," said Miss Wood. "He's been contemplating putting a stop to it for some time. It's been done in every medium and by every college and little theater group all over the country." steady to weak.

by selling its shares to investors. The fund then invests that money normally in many differ Hogs salable 25 trade poorly tested due to scarcity for the week salable electronics wnere losses oi around a point were fairly frequent. Only Polaroid among the glamor specialties showed a gain and Xerox, IBM and Corning Glass were down around 2 points or more. While Merck and Lehn and Fink reacted nearly 2 points each some of the drugs and cosmetics held steady or moved ahead fractionally. A nationally televised documentary on the smoking issue had only a nominal effect on tobacco shares.

American Smelting was down as much as 2 at its worst but Decca Records put together a 2-point gain against the trend. Some other issues down a point or more were Addressograph, Bath Iron, Coca-Cola, and barrows and gilts 50-75 lower sows mostly steady. Sheep salable 300 trade not established for week salable 3,700 slaugh ter spring lambs closing mostly steady after recovering Monday's 25-50 de cline slaughter ewes steady to 50 lower feeder lambs steady to 50 lower. Fat Cattle Sell Strong AtT.F. Sale Fat cattle sold strong and 25 cents higher at the Wednesday sale at the Twin Falls Livestock Commission company.

One load of steers, owned by Ted Sandmeyer, had a top of $27.60. Top on fed heifers, $25.40. Cows sold very active and strong. Best feeder Holsteins sold steady with extereme heavies and excessive full kinds 50 cents lower. TRY TIMES-NEWS WANT ADS FOR FAST SELLING RESULTS Unlisted Stocks OVER THE COUNTER Courtesy E.

W. McRoberts and Company Bid Asked Albertsons 13.00 14.00 Big Piney 7.50 8,50 Boise Cascade 18.25 18.75 Bonanza Airlines 4.00 4.25 Consol. Freighways 12.12 12.50 Delhi Taylor 11.25 11.62 Equity Oil 9.62 10.50 First Security Corp. ...40.00 42.25 First Security Invest. 9.75 10.62 Frontier Airlines 2.62 3.00 Frontier Refining 9.50 10.25 Garrett Freightlines ....12.50 13.50 Green Giant 33.50 34.50 Idaho Power Pfd 80.00 84.00 Intermountain Gas 20.25 21.31 Interstate Motorlines ..15.62 16.62 McGregor 8.00 9.00 Morrison-Knudsen 31.25 81.75 Ore-Ida 6.25 6.75 Pacific Inter Express ..14.50 14.87 Paradox Productions .25 .50 Resource Ventures 07 .08 Sierra Life 42.00 45.00 Speedee Mart 4.50 5.25 Straza 7.50 8.25 Surety Life 18.00 19.62 Utah Power Pfd 26.00 28.00 West Coast Airlines 9.37 9.87 Potatoes, Onions CHICAGO CHICAGO, Sept.

20 (UPD Potatoes: Total S. shipments 292 arrivals 63 DENVER DENVER, Sept. 20 IUPD Livestock I Cattle and calves 4,200 slaughter steers and heifers steady slaughter steers 26.00-29.80; heifers 25.90-27.40; 4,000 feeder cattle and calves offered at auction, all classes in good demand, prices strong feeder steers 25.80-29.45 heifers 25.70-34.10. Hogs 1,200 barrows and gilts strong sows steady barrows and gilts 19.00-20.00 sows 14.00-18.00. Sheep 7,000 spring slaughter lambs not fully established, opening steady Stock Averages Dow- ent securities.

The idea behind all this is to give the fund shareholders diversification and professional management. If a mutual fund's management invests its shareholders' money wisely, the value of that fund's shares will rise. Some funds have done better than others. Some haven't done well at all, because their managements picked the wrong investments. Nevertheless, the shareholders of most funds have had every reason to be happy especially during the postwar period, as stock prices in general went up and up.

Then came this year's 6tock market bust. The values of shares of almost all mutual funds took a drubbing. Sure, it's easy to play Monday morning quarterback and say that the professional managers of a mutual fund "should have" sold the stocks the fund held and protected the fund's shareholders against any decline in price. But that's more easily said than done considering that a mutual fund may have tens of millions or hundreds of millions of dollars invested in stocks. NEW YORK, Sept.

20 (UPD -Jones closing stock averages! 30 Indus. 601.65 off 5.44 20 Rails 118.70 off 0.54 15 Utils. 121.73 off 0.76 65 Stocks 208.86 off 1.55 slaughter ewes 25 higher, feeders yet to sell spring slaughter lambs 18.20' 21.15: slaughter ewes 3.60-6.80; feeder lambs 18.90. Feeder steers sold about steady and some medium and excessive full feeder heifers sold 25 to 50 NEW YORK STOCK EXCHANGE CHICAGO NEW YORK, Sept. 20 (UPI) Last CHICAGO, Sept.

20 () (USDA) Hogs butchers 25 to 50 higher cents lower. Calves sold very active and strong. Next week there are already 800 yearlings consigned with 400 sale: Allied Chem 37 Nat Dairy 65 Aliis Chal 14 Nat Distill 23 Alum Ltd 216 Nat Gypsum 37 1-2 200-225 lb. butchers 19.75-19.85; 88 head 223 lbs. 20.00; mixed 1-3 190- 260 lbs.

19.25-19.75, 19.25-19.50 late Alum of Am 56 Central 13'4 2-3 270-300 lbs. 18.75-19.00 load large steers and 200 heiters coming Am Airline 16y2 JN A Avia 65 Am Jan 43. JNorth Pac 32 from Tindall and sons, Gras ly 3s around 350 lbs. 18.10; mixed 1-3 300-350 lb. sows 18.00-18.50; 350-400 track 179; supplies moderate; demand Am Cyanamd 42 North Airline 32 54 slow market dull to slightly weaker.

mere. Am Motors 17'. Mathiesen 30 Track sales (100 lbs. U. S.

1A otherwise stated) Washington rus Fed steers, Ted Sandmeyer Am Kmelt 66 Pac (i 20 Am 110 A Airways 19- sets 3.00: Idaho russets large 3.60 Buhl, $27.60, $26.60, 972 Minnesota, North Dakota, Red river Ray McKinster, Kimberly, valley round reds 2.30 Wisconsin round reds 2.00 russet Burbanks 997; $26.10, C. W. Coiner and Sons, $26.10, 992; Everett Am lobacco 298 Paramount 39 Anaconda 38i Penney 45 Armco StI 42 Penn RR 11 Armour 36 Pepsi Cola 38 A 4 SP 21 Philip Moris 69 At Refine 50i, Phillips Pet 46 Bait Ohio 20 "A Proc Gam 67 14 large 2.00. Street sales: Washington russets 3.50- lbs. 17.25-18.00; 2-3 400-450 lbs.

unevenly 16.25-17.25, mostly 16.50 up; boars 14.50-15.75. Cattle 500 calves 60 few sales steady to weak; few choice lb. slaughter steers 29.00-30.50; load 1,100 lbs. 30.50 a few choice lb. steers 28.75; a load of choice 741 lb.

heifers 27.00 few choice around 925 lbs. 28.50. Sheep 1,000 spring slaughter lambs steady to 50 lower; choice and prime 85-105 lb. spring slaughter lambs 21.00-21.50;-few lots 22.00 good and choice 19.00-20.50 cull to good wooled and shorn slaughter ewes 4.00-5.50. i I.

I I I i Fueston, $25.60, 973. As a matter of fact, most mu Feeder steers, Dave Dingman, I IS 1 1 Bell How 22 Pullman 21 3.75 bakers 4.50-4.75 Idaho russets 4.00-4.25 California long white bakers 4.50-4.75 Colorado russet bakers few 4.35 Wisconsin round reds 2.50-2.65 Wisconsin early gems 2.50-2.65, some $27.00. 466: Grace Anderson tual funds did cut back on their holdings either before or during Eden, $25.90, 606; Les Day, Carey, the early stages of the 1962 stock 2.85-3.00 russet Burbanks few 2.55 $25.90, 609; Herb Butler, Wilkin $25.80, 574; Theon Zahn Minnesota- JNorth Dakota, lied river Jerome, $25.80, 728; $25.60, "739 valley round reds 2.75-3.00 Washington russets 2.90-3.25: Wisconsin early gems 48 82 32 41 40 41 38 18 74 32 33 82 62 fure OH 30 Radio Cp 39 Raytheon 49 Repub Stl 18 Reyns Tob 22 Rich Oil 22 Petrol 20 Safeway 6 Schenley 84 Sears 35 Shell Oil 25 Simmons 67 Sinclair Oil Heuer brothers, Jerome, $25.50, 2.75. Trust Funds Onions: Arrivals track; supplies 868: Rueben Lierman, Filer, market decline. Some mutual funds have increased their buying of stocks lately.

Others are still keeping big "cash positions." If you were running a mutual fund and had a bundle of cash available, when would you start Bendix Avia Beth Steel Boeing Borden Brunswick Buroughs Cana Dry Cana Pac I Case Cat Tractor Celanese Ceiotex Chrysler Coca-Cola Col-Palm Com Credit Cont Can moderate; demand fair; market steady. $25.40, 756; Alan DeVries, $25.30, 1 rack sales JNone reported. Street sales Colorado and Idaho 617. INVESTMENT TRUSTS Bid Affiliated Funds 7.22 Commonwealth Invest. 9.06 yellow large 2.00 Colorado white me Feeder heifers, A.

A. Timm, dium 2.25 large 2.25-2.50 Midwest fjhk V'a" WV i Shoshone. $25.80, 426; $24.60, 511 81 Socony Mobil 53 Eaton and Howard Stock 12.01 yellow globe mediums, Michigan 1.60- buying stocks now, next month, Jack Thomas, Jerome, $24.98, 464; 6.41 1.60; Wisconsin 1.50. Inc. Investors Mass.

Growth 3S'S So Cal Edi 287's 38 South Pac 24 41 Sperry Cp 13 Asked 7.81 9.90 12.98 7.01 7.67 7.83 7.64 8.60 7.64 6.31 Alan DeVries, Twin Falls, $24.20, next year? You believe you could pick Natl. Growth 559. tont Oil FUTURES The following futures quotations are Natl. Stock Series stocks yourself and do better Putnam Growth provided by E. W.

McRoberts and com than vou do by owning snares ot pany. Twin Falls. a mutual fund. There's nothing Maine Potatoes 3.08 to prevent you from trying. You 16.37 7.03 7.16 6.99 7.91 7.01 4.86 2.82 15.00 8.92 8.32 4.66 11.20 12.45 3.79 13.22 may do better.

You may do worse. High Low Close November 2.11 2.08 2.08 January 2.23 2.23 2.23 March 2.41 2.37 2.37 9.74 Corn Prodta 51 Stan Oil Cal 60 Crucible stl 15 Stan Oil Ind 45 Cudahy Pack 7 Stan Oil 63 Doug Aircr 22 Stan Pack 14 Dow Chem 52 Stu-Packard 8 DuPont 208 Sunray Oil 22T' "ft Airlines lfi Sun Mine 11 Eastman 89 Swift 33 Paso 18 Texas Co 65 III 'or, 42 Tex Instrum 72 Freeport Sul 20 Textron 25 Television Electronics Value Line. Income Value Line Spec. Sit. Keystone B3 Keystone B4 Keystone Kl Keystone K2 Keystone S2 Keystone S3 Keystone S4 International Fund The prices of an awiui lot oi Filer Kiwanis Hears Report From Youth stocks have taken much worse April 2.56 2.53 2.54 May 2.81 2.77 2.78 9.08 5.10 12.22 13.59 4.14 14.30 Idaho Potatoes tumbles than the shares of mu tual funds.

lt ylw titer wM si je w4l Sale Bid Asked 2.40 3.00 NL NL S.00 win 23 Th oko Cn 3014. November January March Gen Elei- 47 FILER, Sept. 20 James Twin Falls, recent IOOF Butter, Eggs CHICAGO Gen Foods Gen Motors Gillette Goodrich i lmxen a 73 Transam Cp 73 Tw Ct Fox 36 Un Carbide 40 Un Oil Cal 971i TT 387a 22 90 63 30 31 delegate to the United Nations, spoke on the U. N. sessions at the Tuesday luncheon meeting of the CHICAGO.

Sept. 20 IUPD Produce: ijooayear a Racine Cheese: Not quoted. vji nest Hug 31 Unit Air I. Butter: Steady: 93 and 92 Bcore 58 90 score 67 89 score 56 Q. I am in a quandry.

I have been investing $100 a month in shares of Dreyfus Fund for a couple of years. After aU this time, the value of my investment is lower than the total amount I have paid in. I feel that I should continue my monthly payments because, at its present low price, $100 buys more shares than $100 bought a year ago. But I need reassurance. What do you Kiwanis club.

nomestake 36 Unit Aircraft 48 Idaho Power 32 Unit Cp He was introduced by Steven carlots 90 score 684 89 score 58. Eggs Steady white large and mixed large extras 44 mediums 35 standards o4 dirties and checks 24. IRu ral 33a Unit Fruit 22 IBM 382 Gypsum 46 US Plywood 41V JonJ J- 3914 Smrft 84 Steel 40 R. Bancroft, Twin Falls, chairman of the Pilgrimage for Youth committee of the IOOF. The organization sends sophomore and junior students to the TJ.

N. to Bid Is Accepted On Filer Sewer FILER, Sept. 20 Bids for the sale of the general sewer obligation bonds were opened at the special meeting of the city council Tuesday evening. Seven firms had submitted bids. The bid of Paine, Rice and company, Spokane, was accepted, as the lowest interest rate received.

They offered a K.nT Walgreen 45 Warn Bros 13 Gooding Buys New Police Car Kr-McG A. IH provide the reassurance. t- West Airline 28 24 West Union 2fi West A 24 61 West Elee 26 44 White Motor 41 62 Woolworth fii.V. f-resge Litton Ind Lockheed Lorillard Minn Min Dreyfus Fund has a good long-term record of fine performance. Just make sure you understand GOODING, Sept.

20 Gooding give them a better understanding of Its workings. Gordon Cox, Twin Falls Key club member, also was a guest of the meeting and announced the United States Marine band, will city councilmen authorized the purchase of a new police car at rower 82'i, Younir Sheer. 75 bond interest rate of 3.575 per the regular meeting Monday eve mont Ward Cash 2" Zenith 64 79 that there is risk involved ana no guarantee. Your "feeling" about buying shares with the same cent. Vft.rAl,5?.I.CA! EXCHANGE give a concert at 2:30 p.m.

and 8 p.m. Oct. 9 in Twin Falls. Kern Thurman, chairman for the Kiwanis sponsored "Kids amount, of money is correot. Also, ning at the city hall.

The car was purchased from Harbaugh Motor company at a cost of $875 plus a trade-in of the old police car. AHilrt V. r.t. 20 Wl-Limt sale: if you liked it when it was higher Fort 1 r. 8 Sherw Wil 79 "rt Cana 137 IIS! Hecla Min It was also voted that the 1962 Day," Saturday, outlined plans for the day.

He stated that 240 children already have signed up 15 Utah Ida Sug 8 mmmwm levy for the airport be reduced from two mills to 1.837 mills. Wool tLtVAIHifi-Z HILL ULASS IS The next regular meeting will priced, shouldn't you use iu even better at its curernt lower price? (Mr. Doyle will answer only representative letters of general interest in his column. Ho cannot answer phone queries.) New Fire Truck for the special events of the day, which will include free ice cream and Coca Cola furnished by the Kiwanis club, a state patrolman be held Oct. 8, instead of Oct.

1. as originally scheduled. Oet. 'I t0 of cent higher: "1 w. 125.8B; March 123.9 will give safety rules and in structions to the children.

1J2.9 July 121.9B; Oct. 121.1B I20.SB. Make $650 New Aircraft VAN NUYS, Sept. 20 Wl A former air transport with an outsize midsection designed to carry huge space vehicles flew VA hours over Southern California Wednesday. The builder said it performed perfectly in its first flight.

The plane, an enlarged Boeing 377 Stratocruiser needs more testing, said Jack Conroy, the pilot and president of Aero Spacelines, incorporated. It will carry space vehicles and equipment too large for highway or railroad transport. Key club members will assist won! spot BUHL, Sept. 20 The Teen-0 of 128.0N. Bought by City rwinnTNG.

Sent. 20 The city Kiwanis club members in caring for the children. The LeRoy 168.2B; Dec. 166.7B fair booth in the Twin Falls 165.f, county fair netted about $650, it rtlfl, Fleenor buses will transport them (B-BiH "PS 168.6. was reported when the adult and N-Nominal) xr of Gooding has recently purchased a new fire truck for use within the r.itv.

The trade is an Ameri youth boards held a joint meet from the school. Other guests were Jay Cobb and Cor Vissers, and Fred Anderson and Charles Wright, Key club members. ing Tuesday night. In other business the youth can LaFrance 750-gallon pumper mounted on a 1962 CMC chassis, board announced a fund-raising nnrl was nurchased through Star candy sale and pop bottle drive for the youth center would be held soon. Line Equipment company, Boise.

Fire Chief Joe Bumgarner said nreentanee tests were run today. Let's Quaff Some KENIL WORTH, England, Sept. The new truck replaces a 1937 Twin Falls Markets The TALL one for TALL thirsts New Lucky Lager 16 oz. Glass Cans pour enough cool, clear thirst-quenching beer to serve two tall glasses. America's only age-dated beer.

Keystone Fund Dividend Twin and company, special announces that a of 18 cents able cw tbeen declared pay-record shareholders of of Keystone Thp series S-3. Dairt distribution will the addit'onal shares of relve ess owners elect to ln adding ather tnan' shares, butior t0 the special distri-14 cent, distribution of clred aH has been de-anc will be paid in GRAIN $1.77 LIVESTOCK Choice butchers, 180-220 lb. LiKht Sows $13.00 Heavy Sows (One dealer quoted) 20 IUPD A chap named William Shakespeare was handed a six-month jail sentence yesterday for breaking into a pub and drinking 19 bottles of beer. Shakespeare, 44, descr-Mng himself as a "wayfarer," said he was en route to Stratford-on-Avon birthplace of another William Shakespeare when his thirst got the better of him. Seagraves, which has been in use until the new truck arrives.

CHINESE WITHDRAW NEW DELHI. Sept. 20 Wl About 200 Chinese communist troops who crossed into northeast India last week have withdrawn into Tibet after an Indian show of force, informed sources there reported. I Wheat Barley Oats Mixed Ciain" (Four dealers quoted) LUCKY LASER BftWINQ COMPANY, IALT LAKE CITY, UTAH VAXCOUVUt, WAJM. $7.00 BEANS No.

1 Pintos No. 1 Small Reds No. 1 Great Northerns Ko. 2 cent laaa) LIVE POULTKY (Dealera not quoted) EGGS Egm in trade, large.

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