Herald and news. (Klamath Falls, Or.) 1942-current, December 17, 1949, Image 2

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Herald and news., December 17, 1949, Page 2, Image 2

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Newspaper Page Textpage rwo HERALD AND NEWS, KLAMATH FALLS, OREGON SATURDAY. DEC. 17, 1049 mnilETS cad FINANCIAL PIIIE ORDERS UP THIS YEAR W-.PINB ORDERS . .. .. - - PORTLAND, Dec IT ) Orders (or Idaho white, ponderosa and tutu- pin so far this year are a per cent above the aame period In 1948, the Weatern Pine association reported yesterday. Shipment! are up I per cent, but production la down 1 per cent. Comparative (if urea lor Uie week ending December 10. In board teet: - i Last Week PrerleaaWrek Year Are Orders M ml nnn 63.4M.000 S1.J07.000 Bhipmenta 6JAM.000 62JM.0O0 66.1M.000 ProducUon 69AM.000 66.971,000 64.701.000 Grains Show. Little Activity ' CRICAOO, Dec IT W While iraina ahowed little price chance on the board of trade today, lard spurted under aggressive buying lor a Saturday session. May and July contracts, the ones In which dealings most recently started, scored new seasonal peaks. But the best gain was made by December. Strength of lard In the cash market supported the upturn In fu tures. Loose lard was bid at 810.121 a hundred pounds, up SO cents today and up 6124 from the six-year low of 88.90 made on Monday. Trade reports said the producUon and marketing administration had '' asked for offerings to be submitted early next week. Old crop wheat deliveries ahowed some strength at the start, but " backed down later. A little mora activity In domestic flour circles brought about the early f sins. New crop wheat deliveries eased from ' the start on forecasts for rain and snow In the winter wheat belt. Dealings In other grains were slow with little trend shown. - - - Wheat closed unchanged to 1H lower. December 62.3m, corn was unchanged to S lower, December 61-2 IS-. oats were S lower to higher,. December T7S-H, rye was higher, December 61.42, soy beans were lower, December 82-32-H, and lard was T to 67 cents a hundred pounds higher. December 611-42. Wheat Open High Low Close Dec- wi-. i32 j jo-, 2it March 21 - 221' 331 2-21-2-31H May 214 - 2.1SS 2.144 2 MS July 1.97',. lJTa 1.96S I86 Sept. -1-6 IMS 1-86. lMt STOCK AVERAGES Compiled by The Assorts ted Press December IT Net change Saturday Previous day Week ago Month ago Year ago Mind. A.l -1O0J 100.2 .87.6 .86 J IS Ralls D 1 388 39 0 37.6 363 J8J Hl'ttt, unch. til 43.1 42.6 43.6 390 66 Stocks unch. 71.0 71.0 69.5 68 7 6U Stock Market Slows Down ; new xuiu ixc u vn ine storx marcel too. a Dreaming speu .today at the end of the fastest week of the year. . " Except in a few Isolated cases, leading issues Jogged along with only minor variations In price. Many refused to budge one way or an other. The tempo of trading was well below any other session during the week. Turnover was at a rate of around 650.000 shares, tor the two hour day. Alleghany Corp. preferred shot such oi mmrsefc wius m nso oi Nmore than 4 points at one time while the common, improved frac Jr tionally. . both stocks establishing f new highs for the year. The com- pany today Invited holders of the " tender all or part of their holdings for other stocks in Alleghany's port folia Alleghany is a holding com pany. Interest in motion picture . Issues picked up near the close. - Other strong spots- included Ex- Cell-O. Standard Osa At Electric 64 preferred, and Trans-America. Selective : buying for corporate bonds developed. American Csn ' .... 100S .Am Power Lt ' 144 Am Tel At Tel , ; 144 Anaconda Bendix Aviation . Beth 8teel Boeing Airplane . Canadian Pacific 'Caterpillar i Chrysler Cons Vultee Continental Can Crown Zellerbach Curtiss Wright Douglas Aircraft . DuPont de Nem . General Electric General Motors Goodyear Tire Int Harvester Int Paper Kennecott Llbby McN Ac L Montgomery Ward Nash Kelvinator Nat Dairy. N Y Central Northern Pacific Pac Am Fish Pac Gas Ac Eec Penney J C Radio Corp ' Kayonler Reynolds Metals Richfield j Safeway Stores Sears Roebuck . Southern Pacific . Standard Oil Cat . Studebaker Corp Trans-America Union Oil Cal Union Pacific United Airlines U S Steel Warner Bros. Pic Woolworth . . 28 . 364 . 314 . 234 - 144 364 . 634 - 164 . 364 . 284 - TU . 68'i . . 41 . 69 X . 434 . 29 . 68 - 51 . 74 . M . 15V . 364 . 104 . 184 . 134 . 33 . 56 . 124 . 274 . 20 4 . 394 . 314 . 43 . 49 . 654 . 244 . 164 . 274 . 83 . 12 . 264 . 16?. . 47 a OTI Students "Point Town Red" Two enterprising Oretech stu i. dents, Dave White and H. I. P..ir t bwy painting the town red this week. The pair, enrolled In the OTI silk 1 screening elssi, contacted merchants . -nl business houses in downtown 7 Klamath Palls this week to stencil "Merry Christmas- in red on Main J street doors and windows. Charge made by the OTI students was nom- lnal. They estimated another few jt days would wind up the Job. I J. W. Fader Death I Learned Here : James Warren Pader. 62, father of f Mrs. Bert Shepard of Klamath Palls, t died Wednesday at Richmond, Calif, t He had been a resident of Oregon i since 1818 In the Klamath Falls and (j, Medford areas, where he wss a t buyer and cook for logging concerns, r Services will be conducted Mon. I day at 1:30 pm. In the Lltwlller ' Funeral home of Ashland. Air-Borne Bike Newest Possibility LAKEHURST, N. J, Dec IT WV-How'd you like to take a bicycle ride in the air? A Wood bridge attorney did it yesterday. He flew through the air with the greatest of ease Inside the big hangar of the naval air sta tion on a foot-operated bicycle type device suspended from a 5000-cubtc foot helium bag. Charles K. Paul, the Inventor, and the man who took -the ride, said the device which he calls a pedaleopter. is the "safest flying machine imaginable. The -navy, in the person of Capt O. P. Watson, said it -has no opinion pro or eon as to the present or potential value of this device." The demonstration was per mitted as an accommodation to Paul, a civilian employe of the navy, Watson said. Paul Is a civilian attorney for th navy and a lieutenant commander in the U. 8. coast guard reserve. Paul pedalled away, swooping around the hangar at a height of 100 feet and made an easy landing. He made the machine out of bicycle parts at a cost of about (400 and said he used about 860 worth of helium in the bag. Paul started work on his ped aleopter last May. The pilot sits in the fuselage and operates with his feet a bicycle style sprocket which rotates the hel ium bag and two flying rotors of the type used on a helicopter. The helium bag is above the pilot's head, the rotor blades are below his feet The appara tus on which Paul sat looked like a baby carriage with a hori zontal shaft in the center. Cattle, Hogs Steady Today CHICAGO. Dec. IT W Hogs, cattle and sheep were quoted nom inally steady in the livestock market today. The quotable top on bogs was (16.25. Prlce fluctuations In hogs were narrow this week and wound up 15 to 25 cents higher than a week ago on barrows and gilts weighing 220 pounds and less. Heavier butchers and sows ended steady. Receipts declined moderately from the pre vious week but stood above a year ago. Most fresh pork pork items encountered a slowly declining wholesale market. In the cattle section medium and low good short-fed steers, making up more than 50 per cent of arrivals, dropped (1.00 to (3.00. Clearance of such cattle was Incomplete. Best grade steers ended steady to 50 cents lower. Top was $41.75, paid for one load. Lamb prices declined 81.00 to 81.50 during the week. Weight acted as a bearish factor. Dressed prices moved sparingly lower. Top on choice wooled lambs was 823.00. Tule Growers To Hold Meeting TULELAKE Tuesday, December 20, has been set as the tentative date for a meeting of the board of the Tulelake Growers for election of a new president by the board. Under new amendments to the by-laws adopted at the recent an nual meeting the president Is elect ed from among the members of the board rather than by popular vote of the membership. The choice of a new guiding hand to succeed Bam Anderson has been delayed since several members of the ooara nave been out of town. . - , 'a...,,. i.-J ' Vj-ve, ' L '. f ;-S.Js EXTORTION FIGURES IN COURT Toni Hughs (right), 26, steals a glance at Ben H. Meaner (ieti, neaa ot me university or Hollywood, as he walks past Helen Keller. 25 during a recess in trial at Los Angeles, Calif., of the two girls on charges of extortion and conspiracy. Klekner, who has testified that fear of being exposed as an adulterer caused him to pay ?9000 in extortion money to the girls. Oregon Slayer Pays With Life For Colorado Murder CANON CITY, Colo.. Dec. 17 ) Paul J. Schneider's last words be fore dying In the state gas chamber last night were: "Take it easy." The 25-year-old Hubbard. Ore., killer offered this advice to two prison guards who stood at the north gate as he passed through en route to the yellow-stuccoed death room Earlier, as he started his 300 yard march up the icy hill from j death row, he called to other pris oners in ceunouse no, s: "Take it easy!" Schneider, convicted of killing Prank Ford, Denver filling station operator. September 20, 1947, also told his fellow inmates: "Pray that the Lord's will will be done tonight." Stripped down to his shorts. Just before he entered the gas cham ber, he was a tired-looking, scrawny young man. Until almost the last he had believed a reprieve was possible, refusing to slim a 6100 U. S. government savings bond he'd kept in his wallet for months. "I'll be around quite a while." Schneider told prison ufftclals who suggested he sign the bond yes terday afternoon. He also refused the traditional special "last meal," saying: "Maybe I'll get someone to whip me up an egg sandwich around midnight." The gas was turned on at 7:59 p. m. IMSTi. He was pronounced dead at 8:01 long before midnight At the very last he was silent. After four prison gusrds strapped him Into the black Iron chair and masked his eyes with a dark cloth, the prison chaplain. Rev. Sidney A. Hoadley, walked into the cham ber. The chaplain grasped both Schneider's shoulders and said a short prayer. Schneider had been a resident of death row since February 13. 1948. Ford's bludgeoned body waa dls. covered In a roadside culvert near Brush. Colo, In September. 1947, A month later Schneider waa ar rested at Pikevtlle. Ky. He ad mlttrd that he killed Ford end cooly told officers he hsd also slain In a similar fashion two De trolt, Mich., filling station opera tors. Roosevelt Hailed For Speeding POUOKKEEPSIE. N. Y, Dec. IT HPi Elliott Roosevelt got a speed' lng summons last night while drtv ing through this community on his way home to Hyde Park, N. Y, from New York City. The summons Is returnable today before a Justice of the peace. A PouRhkeepste radio car patrol man said Roosevelt, second son of the late president, was driving 55 miles an hour in a 35-mile per hour tone. It Is the second speeding ticket Roosevelt has been given here. He paid a 910 fine July 27. 1948, for driving 50 miles an hour through a 35-mile tone. He pleaded guilty, CONTINUOUS FROM 12:30 fcTODMIl A STORY NEVER TOLD BEFORE! The exciting, fostas-lightning, bhlnd-the-cene( ' story of professional football players. Their ' lovos, intrigues, and hard-hitting adventures. 1 . . . W. I To Buy or Sell Use the Want-Adsl VK lUTBtE is "Kla( FsetsseT. h'fkest pais, mat awki-is. -. fe -.i. ,e: i .. ' - 1 ; J f . r',w"iv!ui ' -: :- U2AKTN SCOTT, his wife, "' wrtaMl trsttttr ttifiifs ? Hm mh mm. t9-i - 4Vp-RKO';.;. -lv"!i J J i-iTii'ii-it-ii 1t-i1i -in nn im m :Am . ! SOWTf TBm, Matars's pal Tbt KmC carried Urn, sMee lalkt,seMfM VICTOR MATURE LUCILLE BALL LJZABETH SCOTT -.SONNY TUFTS 1 LLOYD IIOLAII (0 i UtCtli 8AU...llMwt asck. U bf i tsrta tket W a tke nsM. nnnnnnliJ i r i PAUL STEWART 'JACK PAAR ,. and THE LOS ANGELES RAMS L .- ." AHH InfertsinmsntI - "POLICIMAN'S HOLIDAY" ' Mersk et Time ' WW lsiims lewecce less r ms la the SaeW -mt LATEST NIWS a" - arf as s-ci-a 1 --rsvd44 f vet v-' I Dynamite In Stovt Explodes PORTLAND, Dec. IT MV-Separate explosions In Northern Ore gon damaged a Portland iron works and critically Injured a mail hear Sandy last night. The blast near Sandy demolished house. William B. Zlemer was hospitalised here in critical condi tion. Dynamite stored In a Utile used stove, in which Zlemer built a tire, was blamed. In the other explosion a gas oven at the Commercial Iron works blew up in southeast Portland. Two employe in the plant were knocked down, but not Injured. The plant president estimated damage at 61000. Windows were shattered In Uie area, and the blast was felt over a four-block area. Churchill Slates Island Vacation LONDON. Dec. 17 tin Winston Churchill sails December 39 lor a two-week holiday on the Portuguese Island of Madeira. The conservative parly lieiulqusrt era said he would start homeward January 16 unl u "events In UrlUin" demand his preinre earlier. Churchill and his advisers seemed to have In mind the possibility that iHm- sAi.tiiMp AttlMi mlaht eall a general election soon after the first of the year. The general expectation Is that Altlee will make no election miniiiiraniMit' UI.Hl arOUIld PStWU- ary 1 at the earliest. II can and may delay It several months longer. Churchill, accompanied by his wile, will travel outward aboard the Union Castle liner Durban Castla and homeward on Uis Pretoria Cas. tie. The trip takes four daya. Thf will be guests of Tim and Life) and the New York Times, which publish, his memoirs. tha6 -s ill a V Ural J tloit lion " Want Ads don'l cost they pay! LAST DAY! "Hilt STAH'S DAUGHTIK" "fHftMTIH MARSHALL''. iw IT -'rVtLi -i 1 i Irwncf Berlins mm" The" While Chrlttmog'Pklure Slorrlng CrosbyAsfake Irving Bsilln't "rlOHDai .-...- b ' UNO ClOiir 1 HID AHAiai e-!""' ItfmtUi t VlieUle Bole Weller A MASK 8ANDIICH fcWMlls vH Mil ay Irvlsg ry t Clevee llnrM Aswplallea r ' A PAtAMOUNT CHAMHON 8wM 8k r t Dt4 ua tOOLINt Ginger pon M minor co beat f'.U fare..come5 eihing . . s. .1. Af ..'.AnnAiiinni' home witn tne mm. '-" y ' -v .... ' hogers lminry i itita RKKSOK Wlld-Vffij MIDHIGHWOHIGHTl -''- i, ' ft; ' X i THiril DANCIN' IN THt STRUTS hjzQ' S UrSUl IINCINBOWN 10VIR S LANI . . J I fZ' D C5. X I V IT'S A GREAT BIG ' J Mr .DOLL OF A MUSICAUj?' Jp- ' S. Z. "Cuddles" SAKALL ft 0 ffi&--l , CHARLOTTE CREENW00D ,v . I IgMmMW CALE R0BBINS . ' 'liVW lT C HIMN Aserew TOMSU Mesr. FRANZ Tf I LnjL.'r ' JOHN M, fTAHt Piw.au. by CI0P.CI JIUIt , If SM jr . Lut tw Totss , Ws&gA I V V. WHIistn Bishop-John Ift-nd-Oscsr III Oa. ' "' r v