page 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