Herald and news. (Klamath Falls, Or.) 1942-current, February 01, 1952, Page 4, Image 4

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    HERALD AND NHWS, KLAMATH FALLS, OREGON
FRIDAY,
FEBRUARY I,
11152
PAGE FOUR
MARKETS and FINANCIAL
Grains Lose, But
Trend Holds Up
CHICAGO IA1 G ruins hod to
bsorb a lot of Belling on Uie board
of trade Friday. They didn't do It
without giving up some price
ground, but the market acted much
ettcr than In Thursday's very
weak session,
With dealings active, corn and
oats sank to new lows on the cur
rent decline. They recovered part
of the loss toward the close. Wheat
acted better than feed grains,
helped by a little mill buying. Soy
beans were quite weak much of the
day.
Wheat closed unchnnged to 'i
higher, March $2.56 IV's. corn j
lower to 4 higher, March $1.84 2
oats were ' ower, March
88-87 , rye unchanged, to 1 cent
lower. May $2.05 Soybeans 34-l
'4 lower, March $2.97 ',-2.98, and
lard 10 cents a hundred pounds
lower to 8 cents higher, March $13.
B5. Wheat
Open High Low Close
2.56 ' 2.56 i 2.55 2.5
2.51 2.53 2.51 V, 2.52
2.46 2.48 J 2.44 i 2.46 H
2.47 "j 2.48 H 2.46 , 3.48
2.50 "4 2.51 2.49 2.51
Mar
May
July
8ep
Dec
Steel Sets Pace
For Stock Gains
NEW YORK ( The stock mar
ket advanced Friday with the sleel
section providing the inspiration
The rise represented a good re
covery from the midweek break.
The forward movement was mod
erate throughout, extending to
around 2 points among leaders
wlUi the exception of a few soaring
Issues. Losses were limited to
around a point or less.
Volume came to an estimated
1,400,000 shares.
26 i
72
51,
15
22 4,
156
65 a4
52 T,
79 ' i
53 i
49 3a
63
17 i
26
S5 4
51
45 !'
69 34
108 'i
33 '34
19 U
56
9 .
61 4
88 3 .
45 V4
14 H
.58 4
43 V,
51 J8
21 34
46
34
35
' 48 '
68 3
89 3
8 34
22 34
16 5
42 '2
63 3s
19
19
61
16 34
35 34
110 't
4 ,
70
18
Quotations
: New York Stocks
By The Associated Press
; Admiral Corporation
Allied Chemical
Allls Chalmers
American Airlines
! American Power & Light
1 American Tel. & Tel.
; American Tobacco
Anaconda Copper
i Atchison Railroad 8
' Bethlehem Steel
. Boeing Airplane Co.
Borg Warner
Burroughs Adding Machine
California Packing
Canadian Pacific '
Caterpillar Tractor
Celanese Corporation
Chrysler Corporation
Cities Service
Consolidated Edison
Conso idated Vultee
Crown Zellerbach
Curtiss Wright
Douglas Aircraft
duPont de Nemours
. Eastman Kodak
Emerson. Radio
General Electric
General Foods
General Motors
Georgia Pac Plywood
Goodyear Tire
Homestake Mining Co.
International Harvester
International Paper
Johns Manville
Kennecott Copper
Libby, McNeill
Lockheed Aircraft
Loew's Incorporated
Long Bell A
Montgomery Ward
Nash Kevlnator
New York Central
Northern Pacific
' Pacific American Fish
Pacific Gas It Electric
Pacific Tel. It Tel.
Packard Motor Car
Penney (J.C.) Co.
Pennsylvania R. R-
Pepsi Cola Co.
Philco Radio
Radio Corporation
Rayonier Incorp
Rayonler Incorp Pfd
Republic Steel
Reynolds Metals
Richfield Oil
Safeway Stores Inc.
Scott Paper Co.
Sears Roebuck & Co,
Socony-Vacuum Oil
Southern Pacific
Standard 0)1 Ca If
Standard Oil N.J.
Studebaker Corp.
Sunshine Mining
Swift It Company
Transamerlca Corp.
Twentieth Century Fox
Union Oil Company
Union Pacific
United Airlines
United Aircraft
United Corporation
United States Plywood
United Slates Steel
Warner Pictures
Western Union Tel
Westinghouse Air Brake
WestlnRhou.se Electric
Woolworth Company
San Francisco
Livestock
SOUTH SAN FRANCISCO (FS
DA) cattle: 300 for week.com
pared with last week's close slaugh
ter steers steady, cows mostly
dairy type steady to 60 cents lower,
around three loads good fed steers
Including few commercial and
choice and weighing 770-1110
pounds $33.00-34.50, canner and cut
ter cows $15.00-19.00, few utility
$20.00,21.00.
Calves: 15 for week, not enough
to test market.
Hogs: 1,700 for week, compared
with last week's close, Thursday
butchers steady, 200-240 pound
butchers $19.50, choice sows $14.00
. 15.00, good-choice 73-pound feeder
pigs $21.00, few 45-50 pound up to
$22.50.
Sheep: 1,000 for week, com
pared with last week's close steady
good to prime wooled slaughter
lambs $30.00-30.50, good choice
wooled feeders $27.00-27.60, two
decks number one pelt bucks sold,
aged bucks $10.00, yearlings $16.00.
Chicago Livestock
CHICAGO If! (USDA1 Snlnblc
hogs 9.000; steady to 25 cents high
er; tows strong lo 25 cents higher;
most choice 180-220 lb 18.50; 18.75;
lew loads 190-210 lb 18.85 to order
buyers; choice 230-40 lb 17.75-18.25
250-270 lb 17.15-17.65: 280-315 lb 16.-75-17.10;
sows 14.00-16.50.
Snlnblc cnttle 1.000: snlnble calv
es 200; slaughter steers and hciters
fully steady; cows, along with bulls
steudy to 25 cents higher; vealcrs
i.trong; purl-load choice 1.000 lb
steel's 3O.O0: lew snips commercial
end good steers 28.00-32.00; lew
mixoa commercial and good shun
ted hellers 29.50; utility and com
mercial bulls 24. 50-28. 25: commer
cial to prime venters 33.00-40.00.
Salable slieeu 1.200: good to
prime 95-108 lb In nibs steady to 25
cents lower at 23.50-23.75; bulk un
sold with bids 25-50 cents lower:
kood 100 lb mixed yearlings and
ewes 21.50; slaughter ewes 10.00-
14.50, or steady.
Portland Livestock
PORTLAND IT! Cattle: Friday
salable 25; slow on a cleanup bus-
for week, salnoic l.42o; mnricci
uneven: fed steers mostly steady,
cows 50C-1.00 lower; utilitv nnd
commercial sleers and heiiers
weak to 50c ofr. bulls weak into;
oad choice 1.133 lb fed steers 3j.ou;
short load 1,237 lbs 34.50: other
fed steers, mostly good under 1.100
lbs 33.00-34.50. hitler with choice
ends; commercial 30.00-32.00: utili
tv 24.00-29.00: few uood lisht feed
ers 29.00-31.00; good fed heifers 32.-
00; commercial nnd low good jsi.uu-
31.50; high utility and low com
mercial beef cows enny zs.ou: com
mercial bulls 29.0u-;i0.oo utility .so.-
00-28.50: cutters 22.50-25.00.
Calves- Fndav salable lo: mar
ket steady; for week, salable 220:
market active, fully steady: choice
vealers and light caives ji.wwo,
few mostlv prime 37.00-38.00;
choice 290-405 lb stock calves 39.-00-
commercial and good ca ves
and vealers 27.00-33.00; cull and
utilitv 14.00-25.00.
Hogs: Friday salable 10: few
sales steadv; top 20.50: for week,
salable 1.535; market opened strone
to 25c higher, closed steady with
IntP last week: choice 180-235 lbs
in is mnstlv 20.50: early sales to
on 7V medium downward to 19.00:
choice heavier and lighter butchers
18.00-19.00; few to 19. 50. Choice 350-
n ih iR.oo-n.5U: meaiunv
choice feeder pigs 17.00-18.50; de
mand limited.
sheem Friday none: mrsn
nominal- for week, salable 8bo,
,ri-M foiriv active, steady but
heavy lambs discounted: good and
choice under 100 lb lambs 28.00-
29.00: few choice and prime 81 and
106 lbs 29.50: few loads choice 110
116 lb 28.00-28.50: heavier lambs
down to 26.00 and 26.50: medium
and good feeders 27.00-27.50: odd
good ewes 12.50-13.00; cu and utili
ty 7.50 to 12.00.
Weather
Western Oregon Wlndv with
showers and partial clearing Kit
day; mostly cloudy with rnln Fri
day night and Saturday. Highs both
days 50-60; low Friday night 38-44.
.Winds off coast southwesterly, 35
50 miles an hour, diminishing Fri
day night to 15-25 miles an hour.
Eastern Oregon Windy with
showers Friday; partly cloudy
with few showers Friday night;
cloudy Sattirdny with ram in niter
noon. Highs both days 40-50; low
Friday night 28-38.
Northern California Occasion
al rain Friday from San Francisco
and Sacramento northward, spread
ing to Monterey and Stockton Frl-
tay afternoon nnd night: mostly
cloudy through Saturday with show
ers in extreme north portion.
Partly cloudy south or Monterey
and Stockton with local morning
fog: little temperature change
Southerly winds 12-25 miles an
hour oil coast, becoming westerly
above San Francisco.
Grants Pass and vicinity
Showers Fridny; occasional rain
Friday night and Saturday. Highs
both days 55; low Friday iiiRht 40.
Max. Mln. l'reclp.
'Baker 37 27 .23
fBend 47 34 .37
Eugene 60 49 .63
La Grande 44 35 .W
Medford 52 44 .43
North Bend 68 51 .45
Ontario 38 31 .06
Pendleton 51 ! 05
Portland 50 43 .47
Rosebmg 61 50 T
Salem 57 49 1.06
Boise 46 35 .26
Chicago 49 40 T
Denver 52 25
Eureka 60 55 .62
Los Angeles 60 43
New York 34 SO
Red Bluff 54 4S .14
I San Francisco 62 54 T
I Seattle 51 45 .41
Spokane 39 36 .12
Speaker Lauds
US Democracy
Irish Dr. James Millar told
Klamath Falls Kiwanlnu.s at yes
terday's Wlllard luncheon that
America and democraoy is the
bright spot in the world's future.
Speaking In Irish overtones, the
professional lecturer said the glory
of democracy is that wcnlus may
break out anywhere. Da Millar Is
on tour for the Good Cltlnenshlp
Foundation, a privately endowed
lectureship. Ills homo is In Port
land. Calling for a cluing In the
minds and hearts of people. Dr.
Millar asserted that "'loo many
folks, Instead of pushing the carl,
have gotten Into it."
He called for the recovery of
self-reliance among the' people, the
recovery of scU-controil. self re
spect and a return to ; self sacri
fice. Ke noted that In the past capi
talists Imposed deeply on the la
borers. Now. he said, -unions are
what capitalists were.
He warned against Ihe break
down of the family unU.
"You cannot." he ssstl. "build a
nation on broken homes."
He noted that In 15C years of
war Uio one millionth American
wn- recently killed. Ill 50 years
of automobiles, the oie millionth
American was kiiicci, two, no sain.
"We'll not have pencil." lie went
on, "while half the world starves
to death as the oilier half stuffs
(lent r In rinatll '' '
The doctor suoke yesterday
morning at KUHS. and scheduled
oilier lectures while herje.
Draft Evasion '
Leads To Charge
A 23-year-old Lakevlew man,
Jerinlnh Moynaham, In llils coun
try only three years from Ireland,
was arraigned litis morning be
fore U.S. Commissioner Bert O.
Thomas on chargo of violating the
selective service act.
Moynaliam waived preliminary
Jiearing and was turned over to
the U.S. Marshal under $1000 bond
to appear In Portland before fed
eral authorities on the charge.
According to the Marshal, Moy
noham failed to report for induction.
Disorderly, AWOL
Charges Filed
A 20-year-old Klamath Indian
from Bentty, Wendell Noel Brown,
Is held In the County Jail today
on conviction of disorderly conduct
nnd charge of being AWOL from
the Army.
Brown was arrested Thursday al
Chilonuin and given a 30-dny'jnll
sentence In Wood River Justice
Court on the disorderly conduct
count.
Ho will be turned over lo Army
authorities after serving the Jail
time.
Potatoes
CHICAGO Wl (UHDAi Pota
toes: Arrivals 78, on Hack lilt):
total U H. shipments H5tl; miirkel
unsettled; track sales local basis:
Idaho Kusscls $A.UU: street sales
100 lb sacks wholesale delivered:
Colorado McChirea $5.(11; Idaho
Mussels $6.11-21; Mlnnesotn-Nuiih
Dakota Ponllncs $4.8(1-5 01.
Warner Canyon
Skiing Only Fair
Supt. John MncDonnld, Fremont
National Forest, reported late to
day skiing conditions at Warner
Canyon were "fair", and at pres.
out plans are to schedule the to
lor operation tomorrow nnd 81111
day. A wet snow was fulling this
morning.
Warner Canyon lies northeast of
Lakevlew.
Millions arm demanding
WORLD'S LARGEST SELLER AllOt
Heap Big Smoke -But
No Fire
There was smoke and (Ire al
4121 Allamoiit Dr., homo of Walter
Cray, Bhorllv belore 10 a.m. Fri
day, But tjiiutiruiiu firemen didn't
unreel any hose.
The fire a hot olio according lo
Fire Chief Himlnr lioiilim wun in
n gurage atovo and smoke ami
sparks were coming out a chim
ney. Gordon mild a neighbor of the
Grays, aboul a block down the
street, saw Ihe smoke nnd sparks
and calk-d the fire ctepiu tmeiit.
11KN1AI.
TK11RAN. linn Ml A govern
ment denied Friday that Iran has
decided In close all lorrliin mi
nimi centers outside Tehran nnd
said shutdown orders Issued Thurs
day to American, llrlllnli nnd itus
slnn Inlormiillnn ofllces were due
to "wrong handling by local authorities."
Legal Notice
noticr or ri.rcTtoN and
ANNUAL MKETINll
Nnlli I" Hrhy Il't
bnilld nf Hirvltii- ill lit !' Vallrv
Hull I'mtunvatlnn ditlilcl lmv m-i
TurMlny Ih lull) liny nt rdirmiry,
Mini, Nl I'm hour of H d'rtooh I' vi .
HI lh OIn I'miimuititv Gruttft Hull
Mt Okltt, OlNHI lite lime mil
iilHct rr ttolilhii- lli mutual vlruilini
fi,r lh puipi'M" at lm'llnn niip hiii,i
vlur fur ttir )r lrm In mr
I'fltil llta kili'l Icrnt lit A. W.
Ni-hniiiiii anil lur llw rurlhi-r iurpu
uf lioliilii)! tlm mutual niffllna.
DaUU UiU alh tv 'f Jnmtary, ll'.l
A. W, HCUAUI'I'
Nm'reUry
K-l-B-U No. Mil
ajsisifSSTi
i
al.tiifai.-iaj
28 Vi
25
67
35 1',
42 4
66 Va
58
30 Vi
53
55 "2
39 "4
63 "4
53 H
82 b
32 Vi
11
33 "3
22 "
18
40
112 V
32
32 Vt
5
32 t'
41 "
14 n
41
21 '4
37 ",
44 '
Portland Grain
PORTLAND ? Coarse grains.
15 day hipment, bulk, coast de
livery: Barley No. 2, 45 lb b.w.,
74 00. , ,
Wheat, bid, to arrive market,
basis No. 1 buu, delivered coast:
Soft white 4.46; soft white, ex
cluding rex, 2.46: white club 2.46.
Hard red winter: Ordinary 2.47;
10 per cent 2.48; 11 per cent 2.49;
12 per cent 2.50.
Hard white baart: Ordinary 2.48;
10 per cent 2.48: 11 per cent 2.49;
12 per cent 2.50.
Car receipts: Wheat 16; barley
1; flour 2; corn 1; oats z.
Socialists
Map Baffie
By ERNEST AGXEW
LONDON I The Socialists put
pressure Friday on tneir pariy
leaders for another early attempt
to defeat Winston Churchill's Con
servative government in the House
of Commons.
Some Laber members of Parlia
ment demanded that their party
chief. Clement Attlee, try to un
seat the government with a motion
of no confidence during next week's
deoate on toreign policy.
The bones of contention are
Prime Minister Churchill's Far
Eastern policy and commitments
the Laborites fear he made on his
recent visit to Washington.
The Conservatives Thursday
night defeated a Socialist vote of
censure on financial cuts designed
to make Britain solvent within a
year and which, among other things
imposed charges for use of Brit
ain s socialized health services.
Churchill's party won bv a vote
of 309-278. The House then adoDted
his fiscal program 306-275.
The Liberals voted with the Con
servative Perty, swelling Its nom
inal majority of 14 votes.
Attlee so far has declined to say
what he would do about demands
that he try to oust Churchill over
the foreign policy.
Divorced Wife
Shoots Ex Husbdnd
EMMETT, Idaho (.fi Claude
Blackburn, about 49, Ontario, Ore.,
farmer was killed by his divorced
wife Thursday, Sheriff Calvin Ber
nard said.
The sheriff said Mrs. Blackburn,
24, told him that Blackburn was
making his weekly visit to see their
children. She said she shot in self
defense when Blackburn came at
her with a butcher knife, Bernard
said.
The woman was not arrested.
COMPA1XTS FILED
Stale Industrial Accident Commission
vs. VugU H. Douglas, suit to collect
S42.97 and interest on SJ8.27 at 1 -per
cent from Jan. 23, 1952. ccsts and
disbursements. Don Parker, attorney
lor plaintiff.
Richard Frcltas. by and throuen
Gladvs M. Frcttas, guardian ad Jiu-m
vs. Sharon Reynolds, also known as
Sharon JTrcitas. suit to void purported
marriage contrjci. U. S. Balentine. at
torney for piaimUf.
DECRKES GRANTED
LAKESIDE DISTRIBUTORS Benla-
Kate Marie Brown vs. Towey Brown.
ASSUMED lU'SIXESS NAME
mln D. Owens. 420 Higlt St. and Wil
liam . Blakely. 577 N. mil St.
DISTRICT COIBT
Albert E. Twigger, overload. Forfeit
1311 bail.
Josepn XI. cnotara jr., zauurc to mwv
at stop sign. Fine S6.
John A. Sawyers, defrauding innkeep
er. Dismissed.
MUNICIPAL COl'KT
James Boxrud, drunk. Fine SIS or
7i days. . . .
William carter, improper leu turn.
Forfeit S5 baU.
Collette ccno. warrant on mew
tickets. Forfeit S18 ball.
Soil Vote
Set Monday
Landowners of ths; Eastern
Klamath County area will move
to the polls Monday in an election
to determine whether tor not the
boundaries of tile Laiv):ell Valley
Soil Conservation Distclct will be
extended to Include another 750.000
acres of lands.
The district, as it now stands,
includes some 125,000 acres within
Its boundaries.
Polling times have been set
from 12 to (! p.m. at llw Bly hotel,
Bly, and the Horsefly Irrigation
District Office. Bonanza.
The Langcll Valley SCO ha
been selected as a pilot district in
a survey to Improve the range
management of public lands much
as it is handled in ptvate areas.
The included areas, to bt voted on
in the election, will be- included in
the survey If admitted. .
February Bad
Month For Fires
Deer Meat Leads
To $50 Fine
Fine of $50 was levied in Jus
tice Court at Bly Thursday on Wll
ham I. Wakefield. 44, illy, charged i
with illegal possession of deer
meat.
State Police reporter! a search
of Wakefield's home. Hith his per
mission, revealed a front shoulder
and back strap cf dicer meat.
Fires, February and Klamath
Falls are a non-congenial group;
in fact they don't get along at ail.
xnree disastrous iires in me past
four years have occurred during
the year's shortest month, and
Fire Chief Roy P.owe has issued
a warning and called for extra
caution . . just on a hunch.
The fatal Evans apartment fire
occurred Feb. 16, 1948.
The Oregon Rooms fire burned
Feb. 3, 1950.
Last year, on Feb. 1, the
Cameo shop was burned out.
Oil Stove Blows
Up In Room
Mr. and Mrs. W. E, Wise. 2245
Vine, escaped injury about 10 a.m.
Friday when an oil shove blew up
In their home.
City firemen said tiie explosion
blew a pipe off the stove and soot
was blown all over the room.
INVESTMENT SECURITIES
OWENS
INVESTMENT SERVICE
Llslert. Inactive, Unlisted an
Over-lhe-Counler bonds and
Slocks, Investment Funds
?01 Med-Den RMi. Phip-e 3-S42H
KLAMATH FALLS
Construction In
Northwest Dropping
PORTLAND l.TI Construction
dropped off. but bank clearings
mounted to a record high for Jan
uary in Portland.
The clearings reached $698,761,
816, about 3 '2 million dollars more
than the previous January,
The number of new houses
slumped badly, totaling less than
half of January, 1951, when 127
were started. Other construction
boosted the building permit total
to $2,212,425, about $450,000 under
the previous January.
Extra Work
M:dt Easy
KENT A TYPEWRITER
or i
ADDING MACHINE
Eleeirie or Haind
Last month's rental Is a plied la the
purchase prio.
Pioneer Office Supply
THE OS Sali5S MEW
UWEiTHI SUN!
Just Born-The Centralized Service Bureau
AT 255 EAST MAIN - Phone 5670
Whose business it is to give you FREE information
on ANYTHING you want to know in THIS country.
We are not BUYERS or SELLERS but we let you
know who wants what and who has what and how to get
there.
This is a new business and should prove to be of
great value to this community. The MORE you THINK
about it, the more VALUABLE it becomes.
THIS information costs you NOJHING - use it
FREELY. Try it and see how handy it is.
Just call 5670 Klamath Falls, Ore.
If we do not HAVE the information you want, we will do
our BEST to get it for you
C
o
CMP
GENERAL MANAGER
s:sssSa::s::i!::i:::::::!::sn!!K .
COMFORT 4 hat COSTS SO LITTLE
Slf SS$M sM0 ?g I IRISH Ai. ,NTA.'
WHETHER YOUR HOME IS OLD OR BRAND NEW - WHETHER IT IS BUILT OF
WOOD? BRICK OR TILE - WHETHER OR NOT IT HAS A BASEMENT . . . YOU
CAN SOLVE YOUR HEATING PROBLEM FOR ALL TIME WITH THE MYSTER
IOUS ADVANTAGES OF
I
f
UNDID WAIM All
WHOLESALE LUMBER EXECUTIVE
W art a substantial, welt-rated, wholesale plywood distributor In the
process of establtshlnf wholesale lumber division. Wo are looking for
a wholesale lumber executive lo rat up this division and lo take comolete
chars of all purchasm and aalea. The man we are looking for should
be well experienced in wholesale lumber buying and selling with ex.
tensive mill and customer contact. We feel that we are offering the
properly qualified man a permanent position which will carry htm Into
high Income brackets. Job requires Immediate move to Detroit.
Midwest Plywood Company
10101 Lyndon
Detroit 2t, Michigan
Texat 4-8000
Peyton and Co. is anxious to exoliin the revolutionary, newly engineered principles that
have moved the Coleman Blend-Air plants SO FAR AHEAD In the field of home-heatlnq systems.
Come in or phone RIGHT NOW . . i TODAY ... for modernization plan. Plan COLEMAN and you
plan happiness ... and COMFORT THAT COSTS SO LITTLE.
E
835 MARKET STREET
TELEPHONE 5149
mm
HEATING SERVICE AVAILABLE
ON THE PEYTON ROUTE
iaii
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