t ' s * e - • < " * % * - • # • * • - * . . » . , ^ ,.. 4g r *% <* -|| *"f * ' «•'***#. * -f # * * i « * - * ^ * - * - i % ̂ " " T H P * * f ,. *> i jgftmnw "i *iKfc,,

JAMESTOWN (N.Y.) POST Evening, November 1*

Your Money's Worth

Jobs Wiped Out By Efficiency

By SYLVIA PORTER Although since Oct. 22, the na

tion's attention has been riveted on the Cuban crisis, the fact is our basic economic problems—e slug­gish rate of growth and a stickily high rate of unemployment — are still with us. "Cuba" hardly is an answer to these long - term chal­lenges. It simply has pushed them into the back­ground temporari­ly.

For instance, if you were asked to name the prime force which is wip­ing out jobs in gi­ant factories in the U.S. today, almost surely you would say "modern machinery, automation" and go on to elaborate on automation's im­pact. I would have given this an­swer.

Porter

Daily Investor - •

Big Board' Has Rules For Listing

(The opinions eipreseed la T h e Daily Investor'* are those of the anther and The Post-Journal cannot assume re­sponsibility for them.)

By WILLIAM A. DOYLE Q. I am one of the original in­

vestors in a company which was organized IS years ago. I own a reasonable amount of stock in the company and I am a member of its board of directors. The com­pany has prospered and is now a rather big busi­ness. I feel the company's should be traded on a stock ex­change — prefer­ably the New York Stock Ex­change.

Every time I bring this up, officers and directors s a y , " W e ' r e t o o small." Just how big must a com­pany be for its stock to be traded on the "Big Board?" And how do I arrange for the stock to be traded there?

A. First some words of congrat­ulations on what was evidently a placement will continue, and, in good investment and also on what fact, the survey indicates the was evidently good management weeding out of jobs is going on at on the part of the' company's of- « much faster rate in this second ficers and directors — including half than in the first half, with you, | many plants reporting they expect

The New York Stock Exchange to "purge" a bigger total of jobs (called the "Big Board" because >n this period

Doyle

But we would be wrong, accord ing to a survey released today by "Factory." the McGraw-Hill trade publication. This study finds that the major cause of "job displace­ment" in factories employing al least 1,000 workers each is "im­provement in business methods" or, putting it more simply, just more efficiency; "Modern machin­ery" actually runs a poor second to this "real villain" eliminating jobs forever.

If you were asked who had most to worry about when his job is shot out from under him—a blue-shirt or white collar worker —almost surely you would reply "the blue-shirt man. The white-collar work­er always nas had far more job security." I would have said this.

Again we would be wrong, ac­cording to this survey. Most blue-shirt workers whose jobs are erased are transferred to another job in the same company, but two out of three displaced white-collar jobholders are thrown out of work altogether.

These are just two of the surpris­ing findings of mis study on job eliminations in pver 500 large and small (under 1,000 employes) man­ufacturing plants during the first half of 1962. While the VS. Gov­ernment regularly reports figures cm turnover of labor, these statis­tics cover only workers who have been removed from" a payroll. They reveal nothing at all about "in-house" displacement — the much more common situation in which a job is abolished and the worker is immediately assigned to other duties in the same company. Thus, this survey gives us new in­sight into the human impact of management's efforts to boost ef­ficiency.

To be specific about the first shocker, "Factory" reports that in the basic metalwoiking industry in the first half of 1962 improved "work methods" accounted for 54 per cent of the doomed white-collar and 30 per cent of the erased blue-shirt jobs, while new office ma­chinery accounted for only 5 per cent of the white-collar and 16 per cent of the blue-shirt jobs wiped out. In the chemical industry, changes in work methods were be­hind 34 per cent of the doomed white-collar, and 49 per cent of the erased blue-shirt jobs. New equip ment was responsible for only 19 per cent and 13 per cent, respec­tively, of the job displacements.

To be specific on the second shocker, most of the workers af­fected by the 1,100 blue-shirt jobs slashed in the plants in the six-month period were kept on. But "the impact of displacement on salaried workers was severe. Two-thirds were released..."

Of course, this sort of job dis­

k's the biggest stock exchange) takes the official position that it deals with each "application for listing" on individual merits.

However, the exchange does have general guidelines. Before a company's stock can be listed for trading on the exchange, a com­pany should have earned over $1 million net profit a year "under competitive conditions." It should have tangible net assets of over $8 million or have stock outstand­ing with total market value of at least $8 million. It should have at least 400,000 shares of common stock outstanding, not counting "concentrated" or family hold­ings. And it should have more than 1,500 stockholders, not count­ing "odd-lot" holdings of fewer than 100 shares.

If your company meets those qualifications, go ahead. Apply to have the stock listed for trading. You con't do it on your own hook. The listing applications must be made by the company.

F I N A N C I A L A N D MARKET REPORTS J Today's Weorher Across he U. S.

NEW YORK STOCK EXCHANGE Quotations authority of Goodbody & Co.. members of N.Y. Stock Ex­change and Amer. Stock Exchange

November 1, 1963 Admiral Air Reduction Alco Products Allied Chemical Allis Chalmers Aluminium Ltd. Amer. Airlines Amer. Can. Amer. Cyanamid Amer. Motors Amer. Radiator Amer. Smelting Amer. T. A T. Amer. Tobacco Ampex Anaconda Co. Armco Steel Armour A Co. Atch. T. * & F. Avco Corn-Baldwin Lima Bath Iron Bendix Avia. Beth. Steel Borden Co. Borg Warner Burroughs Canada Dry Can. Pacific Che*, a Ohio Ry. Chrysler Clnn. Gas A Elec. Cities Service Colgate Palmolive Columbia Gas Commercial Credit Com. Edison Consol. Edison Corn Products Douglas Aircraft Dow Chemical DuPont East Kodak Erie R. R. Ford Motor Fruehauf Trailer General Dynamics General Electric General Foods General Motors Goodrich Oo. Goodyear Rub. Great North. Greyhound Gulf Oil Corp. Harbison-Walker Homestake Mng. Hooker Chemical Int'l Business Mach. Intl. Harvester Intl. Nickel Intl. Tel. * Tel. Jones A Laughlin Kennecott Lockheed Aircraft

88 17 37% 13'i 19% 16 41*4 41% 15'i 12% 50%

108% 28% 14% 38% 43H 34 22*4 21% 12% 40 49% 27?i 45 37'i 28% 20% 21 47%

XD158 45%

3 7 * 24% 39% 40% 72% 44% 214 51%

2114 944

2 4 40% 204 24% 67 4 6 8 4 53% 40% 27% 35% 28% 33% 264 53 29%

342 46% 57 374 41% 62% 48%

Loews Theatre Lone Star Gas Lorillard Co. Mack Trucks Marathon Marine Mid. Martin Rk. Martin Co. McKesson A Robbins Merck A Co. . Merritt-Chapman Mont-Ward Nat Cash Reg. Nat Dairy Nat Distillers N a t Fuel Gas N.Y. Central Niagara Mohawk No. Amer. Aviation North. Pacific Ohio Edison Olin Mathieson Chem. Pan Amer. Airways Penn Dixie Cement Pepsi Cola Phelps Dodge Phillips Pete. Polaroid Pub. Serv. Elec. A Gas Pullman Pure Oil Radio Corp. Republic Steel Reynolds Tobacco Royal Dutch Rubbermaid Schenley Ind. Sears Roebuck Servel. Inc. Sinclair Oil Socony Mobil Southern Corp. South. Pacific Sperry Rand Stand. Brands Stand. Oil of Calif. Stand. Oil of N.J. Stand. Oil of Ohio Sterling Drug: Sunray Mid Cont Tenn. Gas Trans. Texaco Texas Gulf Producing Texas Gulf Sul. Tidewater Oil Timken Roller Bear. Trl-Contlnental Oorp. Union Carbide Union Oil Calif. Union Pacific United Aircraft United Fruit United Gas U.S. Rubber U.S. Steel Western Union West. Elec. Woolworth Vale A Towne Youngstown S A T

» 21% 39% 31% 41% 24% 23% 21 35% 68% 11% 26% 72 504 21% 27% 11% 41% 63% 31% 42% 28% 17 16 384 49% 43

112% 62% 22% 304 48% 31% 384 38% 12% 16% 68 8%

304 51 *L 474" 24% 114 57% 564 514 52 62% 224 15% 53 37% 12 16% 48% 36

XD 94 51 30 48% 20 33 38% 404 234 26% 604 21% 69%

American Stock Exchange

Quotations Furnished by Goodbody A Co.. Jamestown. N.Y.

November L 1962 Allegheny Airlines 4% American Petrofina' 3% Atlas-Warrants % British Petro. 5% Cal. Elec. A Pow. 22 Coastal Car 9-16 Creole Petro. 34% Firth Sterling 5% Flying Tiger 14 Gulf Amer. Land 5 4 Kaiser Indus. 5% Mead Johnson 16% Molybdenum 21% Pacific Petro 124 Pancoastal Petro 7-16 Pantepec Oil 9-16 Phoenix Steel 7 Technicolor 8% Unexcelled Chemical 8% Universal Controls 4% Wright Har. 1-16

Local Stocks November 1, 1962

Bid Amer. Sterilizer Art Metal Inc. Bank of Jamestown Dahlstrom Mfg. Co. Empire State Oil Rockwell Mfg.

184 6%

32 12% 12% 24

Asked 204 7%

36 14% 14 254

Bank-Trust Stocks Quotations Furnished by Goodbody

• A Co.. Jamestown. N.Y. November 1, 1962

Bid A Bank of America Bankers Trust Chase Manhattan Chem. Bank N.Y. Trust 1st National City Bank Erankin National Irving Trust Manuf.-Hanover Morgan Guaranty Trust U. S. Trust Wells Fargo

Chicago Grain Quotations Furnished by Goodbody

A Co.. Jamestown. N.Y. November 1, 1962

WHEAT: December 2.07V. March 2.11% May 2.10%

CORN: December 1.07% March . 1.104 May 1.13%

OATS: December .64% MarclK. .65% May .66%

Mutual Funds Quotations Furnished By

Swan-Rowley Investing Corp. November 1, 1962—10 a.m.

Affiliated Fund Broad St. Canada General Chemical Fund ConVlI. Inv. Dividend Shares E. A H. Bal. Fund E. A H. Stock Fund Electronics Inv. Fidelity Fund Fundamental Inv. Incorporated Inv. Mass. Inv. Trust Mass. Inv. Growth Stk. 6.61 Mutual Inv. 8.13 National Inv. 12.43 One William St. 10.76 State St. 33.62 Tele. Elect. Fund 6.59 Wellington Fund 13.35

Bid 6.98

11.77 14.69 9.01 8.89 2.78

11.22 11.93

4.89 13.37 8.23 6.11

12.20

Investors Group Funds: Mutual Inc. 9.99 Stock X15.49 SrJective ao.24 Variable Pay 5.54 Intercontinti 5.21

Ast< 7.48

12.72 16.05 9.80 9.72 3.05

12.13 12.35

5.34 14.47 9.02 6.63

13.33 7.22 8.93

13.44 11.76 36.37

7.18 14.55

10.80 16.75 10.95 5.98 5.63

Sherman Livestock SHERMAN LIVESTOCK AUC­

TION - Oct. 30. AS REPORTED TO THE NEW YORK STATE DEPT. OF AGRL & MKTS. (Prices quoted are dollars per cwt. except for shoats. small pigs and dairy replacements which are gold by the head.)

Cattle—1». Steers & Heifers: Market weak­

er. Commercial steers 20.50-21.00. Utility 19.00-21.25; Cutter 18.50 down.

Dairy type slaughter cattle: De­mand slow; market weaker. Utili­ty cows 14.00>16.00; Cutter 12.00-15.00; heavy Canner 11.00-13.50; I light Canner 12.00 down; fat yel­low cows 11.00-12.50; shelly kind] lower; Commercial heifers 18.00-19.00; Utility 16.50-17.50; Cutter 18 00 down; Commercial sausage bulls 21.00-2t.75; Utility 19.00-20.50; Cutta? 1 « 0 down.

Ccjves — 324. Demarl good; market steady. Good »00-34.00; Standard 29.00-31.50; Utility 25.00-28 08; Culls 24.00 down; bobs over 100 lbs. 20.00-28.00; 80-100 lbs. 20J0.23.00; 80-80; lbs. 18.00-20.00; under 80 lbs. 17.00 down.

Hogs — 14. Sows over 290 lbs. 15.59; feeder pigs 7.00-12.00.

Sheep ft Lambs—Few Culls 6.75. Dairy replacements — 107. De­

mand active; .market strong. Springer cows 150.00-285.00; han-dUng 175.80.27f.8t; fresh 200.00-282.50; milkers 200.00 down; first calf heifers 250.00 down; bred 125.08 down; young service bulls 188.80 down.

This, mind you, has nothing to do with employment changes due to economic recession, slumping sales, etc. It is strictly job dis­placement resulting from im­proved business methods, automa­tion, the like.

What, then, is to happen to the workers whose jobs are erased by this strong trend—which is taking place side by side with growing demands of the U.S. work force for an ever-increasing total of new jobs?

Yes, the older workers can be trained and re-trained so they can transfer and the younger workers can be guided to stay in school un­til they get the educations to fill the new jobs opening up.

But while both these trends are accelerating too and both repre­sent enormous progress toward a solution of our jobless problem, the fundamental answer remains: an economy growing at sufficient speed to create enough additional jobs to replace the doomed ones and offer employment to our new workers. This growth is NOT hap­pening now despite the Cuban cri­sis. It HAS. NOT happened for years.

It would be an economic and so­cial tragedy for the U.S. if the Cu­ban crisis obscures the deep need for broad tax cuts for corporations and individuals to spur our growth and create those jobs. * (Distributed 198? by The Hall Syndicate, lac.)

Fresh Vegetable Prices Advance WASHINGTON (AP) - Produc­

tion of fresh vegetables this fall is down materially from a year ago and prices are expected to average significantly higher than in the fall of 1981.

The U.S. Agriculture Depart­ment said today consumer de­mand for fresh vegetables con­tinued strong during 1962-. During the winter and spring of 1962, pro­duction was moderately smaller and prices to growers averaged materially above a year earlier.

FATAL ACCIDENS An insurance company survey

indicates that four of five men be­tween the ages of 15 and 69 who are killed in accidents suffer their ratal injuries when they are away from work.

Farm Prices Dip 2 Per Cent During October WASHINGTON (AP) - Farm

commodity prices dipped 2 per cent during the month ended Oct. 15. but still reached afour- year high for October.

The U.S. Agriculture Depart­ment reported Wednesday that lower prices were received by farmers for hogs, beef cattle, chickens, potatoes and most other goods.

Prices for wholesale milk, to matoes and rice were reported higher than at mid-September.

Despite the decrease from the September price level, the depart­ment said, the Oct. 15 index was 2 per cent above that of Oct. 15, 1961 and the highest for the month since 1958.

Buffalo Eggs, Produce

ALO, Oct. 31, 1962-

By THE ASSOCIATED PRESS High Low Pr.

Albany, cloudy 47 41 .12 Albuquerque, clear . . . 69 43 . . Atlanta, clear . . . . . . . . 61 M . . Bismarck, cloudy . . . . 58

doxenTln'car^s^NYS^GkTMTriBoise, clear 64

BUFFALO. Bet. 51. 1962-(Dept. of Agr. and Mrkts.)

RECEIPTS • berely adequate to adequate, DEMAND good for targe, moderate for medium and small. M A R K E T steady. PRICES TO RETAILERS (cents per

Extra Large White 52-57c, mostly 53-54c; Large White 51-55c, mostly 51-KJc: Medium White 39-44c. most­ly 40-42c; Small White 30-3SC, most­ly 31-33c.

Homegrown offerings were very light; shipped-in receipts were raederate Trading waa slow. Cab­bage was weaker. Homegrown to­matoes sold at lower price levels account only fair-quality stock of­fered. Cauliflower was steady. Lem­ons were slightly stronger. Most other fruits ?nd vegetables w e r e steady. APPLES *

NYS Cortland. U.S. No. 1. 2%" up. 12 3 lb. cellos $2.50.

NYS Cortland. U.S. No. 1. 2W up. 10 4 lb. cellos $2,35.

NYS Cortland. UVS. No. 1. 2W up. bu. S1.5O-U0.

NXS Mcintosh 2W up, bu. 1L75-

NYS Mclntoae U.S. No. 1 12 3 lb. cellos $2.50-3.00.

NYS Mtlntoah. U.S. No. 1. 2W up. 10 4 lb. cellos $2.50-3.00. Miami clear . . 78

*NYS Greening. U.S. No. 1. 2W] ' .00.

up. bu. $1.50-2 NYS Greening 12 3 lb. cellos $2.75. NYS Red Delicious U.S No. 1.

2V»n up. bu. $2.50-3.00; 2*4" bu. $3.00-3.25.

NYS Double Red Delicious. U.S. No. 1. 2*4" up. bu. 2.00-2.50.

NYS Double Red Delicious. U.S. No. 1. 2Vt" up- bu. 3.00-3.50.

NYS Double Red Delicious, U.S. No. 1, 2*4" up. bu. 3.75-4.00.

NYS Double Red Delicious, U.S. No. 1. 214'- up, 12 3-lb. cellos 4.00.

NYS Red Spy U.S. No. 1. 2%" bu. 2.25-2.50. PEARS:

NYS Bosc. bu. $4,00-4.50. BEETS:

NYS doz bnchs. 75-90c. BROCCOLI:

NYS 8-qt. bsfcts. 75c-$1.00. CABBAGE:

NYS Green, bu. 75c-$1.00. NYS Red. bu. baskets A crates

$100-1.25. CARROTS:

NYS, doz. bnchs. 75c-$1.00. NYS topped, bu. $1.75-2.25.

CAULIFLOWER: NYS bu. $U|.1.50.

CELERY• NYS Bianchei. hearts, 12s. $1.75. NYS Blanched, singles, doz. $1.00-

1.23. NYS Pascal 34s $2.00-2.25 singles

$1.50. EGGPLANT:

NYS bu. $1.15-1.50. GREENS:

NYS Various Varieties $1.25 NYS Kohlrabi, doz. $1.50 NYS Swiss Chard, doz. $1.00-1.25

LETTUCE: NYS Endive, Escarole A Romalne.

doz. bnchs, $1.00-1.25. NYSCurly Leaf lettuce, per doz

doz. $1.25-1.50. hds. 90c-$1.00,

NYS Boston MUSHROOMS:

NYS pts. 26c Pa.. 9 lb baskets $3.75.

ONIONS: NYS Green. #oz. bnchs. 50-60c. NYS Yellow, 50 lb. sacks, $1.25-

1.50. NYS Yellow, medium 15 3 lb. cellos

$1.50-1.65. PARSLEY•

NYS. doz. anchs. plain A curly 75c-$l,00. PARSNIPS:

NYS Vt bu. $2.00-2.25 PEPPERS:

NYS Green Kot bu. $1.25-2.00. NYS Red Hot bu. $1.25-2.00. NYS Wonder, bu. large $1.50-2.00.

POTATOES: NYS White Muck. U.S. No. 1. 50

lb. bags, washed $1.15-1.35, 10 lbs. 30-32c.

NYS Highland U.S. No. 1, 50 lb. $1.00-1.10; 10 lb* 29-30C.

NYS Red or White U.S. No. 1. 50 lb. bags, washed $1.25-1.50.

Idaho Russet U.S. No. 1, 100 lb. bags washed $4.50-4.75. PUMPKINS:

NYS bu. small 75c-$1.00. NYS singles, accord, size 15-50c.

RADISHES: NYS doz. bnchs. 50^5c, white 65-

75c SPINACH:

NYS bu. $1 aH.50. SQUASH:

NYS Various Varieties, bu. 75c-$100. TOMATOES:

NYS 8 qt. bskts. few fair qual. 75-90c.

• • • * • * • • • <

• • • • • • • • •

Boston, rain Buffalo, rain Chicago, cloudy . . . . . . . Cleveland, cloudy . . . . Denver, cloudy . . . . . . .

58 48 47 45 71

Des Moines, cloudy . . . 51 Detroit, cloudy 44 Fairbanks, clear 32 Fort Worth, dear . . . . 64 46 Helena, dear . . . . . . . . . 59 31 Honolulu, clear 86 68 Indianapolis, cloudy . . 50 32 Jamestown, cloudy . . . . 4$ 22 Juneau, cloudy 51 48 Kansas City, cloudy . 56 44 Los Angeles, dear . . . 90 61 Louisville, clear 53 29 Memphis, dear 61 37

64 31 25 51 45

41 . . 38 . . 46 1.30 37 .19

36 . . 3o «•

39 . . 33 16 .03

Milwaukee, cloudy . . . 44 Mpls., St Paul, cloudy 45 New Orleans, cloudy . 68 New York, cloudy . . . . 60 Oklahoma City, dear 63 46 Omaha, cloudy 52 41 Philadelphia, dear . . . 52 Phoenix, clear 91 Pittsburgh, cloudy . . . . 51 Portland, Me., rain . . . 55 Portland, Ore., clear . 67 Rapid City, clear . . . . 63 Richmond, dear . . . . . . 63 St. Louis, cloudy 54 Salt Lake City, dear . 64 San Diego, dear 83 San Francisco, dear . 77 Seattle, cloudy 54 Tampa, dear 77 Washington, dear . . . . 49

(M-Missing)

.32

.63

.05

.17

.06

41 .01 53 . .

49 1.27 43 . . 37 . . 37 .23 31 . .

*J%. • e

55 . . 60 . . 51 . . DO • •

36 .02

Best 3rd Quarter Reported By Mohawk Airlines

Mohawk Airlines, Inc., which serves Jamestown, reports the most profitable third quarter in its history with a net profit of $233,574 after provision for taxes and depreciation. The third quar­ter profit brought nine-month prof­its to $421,288 after a l l o w i n g $1,100,514 for depreciation and $134,362 for income taxes. f

Mohawk President Robert E. Peach said, "The profit during each' of the past six months has raised our per share profit to 52 cents after conversion of addition­al debentures during the first nine months of this year, com­pared with 39 cents a share dur­ing the same period last year.

GIVE

The United Way

THIRTY-THREE

Sen. Jocob Jovirs Won

More Production Of Essential Products GREAT NECK, N.Y. (AP)-Re-

publican Sea. Jacob K. Javits, said today that "more produc­tion" of essential products is the key to this nation's economic well-being.

In a speech prepared for a luncheon of Long Island business, labor and civic leaden Javits, who is running for reelection, said:

"We need more production, ever more production not of doo­dads but of products that people really need and want, here and

Canadian Guilty Of Importing Beef Illegally ROCHESTER, N.Y. (AP) — A

Canadian*who has pleaded guilty to charges of illegally importing 463,633 pounds of frozen beef into die United States, will be sen' tenced in U.S. District Court Nov. 13.

Arthur L. Lorenz, 37, owner of die Lorenz Animal Food Supply Co., of Dunham, Ont, entered a guilty plea Wednesday.

Customs officials charged that 20 times between March 28, 1961 and Nov. 20, 1961, Lorenz trucked die frozen beef from Durham to AJientown, Pa., covering it with horsemeat. They said he declared the beef as horsemeat on which there is no duty. The duty on beef is three cents a pound.

Upstate Telephone Men To Get Boost ALBANY, N.Y. (AP)—Aboyt 6,

800 members of the Telephone Traffic Union of Upstate New York will receive wage increases of $2 to $3 per week from the New York Telephone Co.

Miss Marie C. Mc Caughan, the union's general chairman, said Wednesday that the wage agree­ment followed a month of negoti­ations on a yearly wage reopener clause in a contract that expires next October.

The union represents operators, clerks and dining-room personnel in the company's Upstate opera­tion

3 NOSED CALF DOING NICELY SALEM, N.Y. (AP)-A calf with

three noses and three tongues is the latest addition to the dairy herd on the Glen Richards farm near this Washington County com­munity. ^

Richards says the newborn ani mal is "doing nicely."

abroad. More of such production will hold back inflation, cut prices for the consumer, increase both the wages of labor and the profits of industry, strengthen our posi­tion in world markets, and bring that general economic growth which is essential in the long-run­ning competition with the burgeoning communist world."

To spur the economy, Javits said, there is a current need for a sizable incentive tax reduction

for the lowest and highest income groups and further consideration of accelerated depredation on new equipment and corporate tax rates for home and foreign busi­ness."

These steps, Javitt said, "would loose a flood of buying power and investment into our sluggish economic system.*

Veterans Hospital Official Dies At 53

WILKES-BARRE, Pa. (AP) -Dr. Charles A. Gibbons of Clifton Springs, N.Y. died Wednesday in Veterans Hospital here. He was 53.

He formerly was chief of pro­fessional services at the hospital and before that had been chief medical officer of the Philadel­phia Regional Veterans Adminis­tration office.

New York Eggs NEW YORK (AP) — USDA-

Wholesale egg offerings light on large and more than ample on other sizes. Demand good on top quality large and only fair on bal­ance today.

Wholesale selling prices based on exchange and other volume sales.

New York spot quotations: Whites: Extras (47 lbs min) 39-

41; extras medium (40 lbs aver­age) 26%-27V£; top quality (47 lbs min) 41-44; mediums (41 lbs aver' age) 27V£-29; smalls (36 lbs aver­age) 24-25; peewees ,20-21.

Browns: Extras (47 lbs min) 4314-45; top quality (47 lbs min) 44-46; mediums (41 lbs average) 28H-30H; smalls (36 lbs average) 24-25; peewees 20-21.

NEW YORK (AP)-USDA-But-ter offerings adequate to ample. Demand fair. Prices unchanged.

Cheese offerings short on Swiss. Demand active.

Wholesale s a l e * , American cheese (whole milk):

Single daisies fresh 40-43'/$ cents; single daisies aged 49-52; flats aged 46-53%.

Processed American pasteurized 5 lbs 381/4-4114; domestic Swiss (blocks) grade "A" 46-50; grade "B" 42-48; grade "C" 39-43.

Buffalo Livestock BUFFALO, RY. (AP)-NYSDA

Closing livestock: Cattle: Steers and heifers—No

arrivals. Dairy-type slaughter cat­tle—Trading How; cows mostly 50 cents lower; bulls and heifers steady. Heavy cutter and utility cows 14.00-15.69; top 15.50. Stand­ard dairy heifers 17.50-19.50, top 20.00. Utility sausage bulls 20.00-21.00; cutters 18.00-19.00; canners 16.00-17.50.

Calves: Demand good; market steady. Prime 35.00-36.00; choice, 33.00-34.00. Heavy bobs 22.00-26.00; bobs under 100 lbs 16.00-21.00.

Hogs: Demand good; market steady. U.S. No. 1-3 butchers 180-220 lbs 17.50-18.00 top 18.25. Sows, all weights 12.50-14.56; boars 10.00-11.00.

Sheep & lambs: Trading active; market steady. Straight lots of good and choice woded lambs 20.00-20.50, top 21.00.

'

GOODBODY & COMPANY

Members New York Stock Exchange

20S Saab af

TWO floor heat out let s-

DOUBLE THE HEAT OVER YOUR FLOORS!

w

\ \RSITY-TOWN

CLOTHES

41-114

ART METAL, Ins. and other

LOCAL STOCKS BOUGHT SOLD

QUOTED n

COMMODITIES

MUTUAL FUNDS

S- s. M y t n , SS^f.

OF GAS HEATERS

NOW ON DISPLAY HEAViRSTHAT

WORK LIKE FURNACE

AJX FOR DEMONSTRATION

LUHDQUIST HARDWARE IROOKLYN SQUARE - O P E N F Rl. NIGHT - SATURDAY TO 5:30

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