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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (April 15, 1952)
TUESDAY, APRIL 15. ios2 HERALD AND NEWS. KLAMATH FALLS. ORKGON PAGE FOUR MARKETS ami FINANCIAL Stocks I" NEW YORK.W A brief flurry M acute selling Tuesday In the lock market put the ticker tape behind actual floor transactions while prices skidded sharply. Pressure was heaviest In oils, rails, rubbers, motors and coppers with other major sections of the market Joining in the slide. Oils were down eion a range that extended to as much as 10 points at times among higher priced Issues. In the rails the full went from tractions to between 2 and 4 points with the selling pressure concen trated on those rails with ol Inter ests. Volume came to an estimated 1,00,000 shares. ; QUOTATIONS ! By The Associated Fres Admiral Corporation 37 Allied Chemical 70 H Allld Chalmers 48 American Airlines 12 It American Power & Light 25 American Tel. & Tel. 153 American Tobacco 87 Anaconda copper Atchison Railroad 79 Bethlehem Steel 48 H Boeing Airplane Co. 48 Borg Warner 67 Bourroughs Adding Mchn 17 ' California Packing Canadian Pacific 36 Caterpillar Tractor 50 Celanese Corporation 42 ' Chrysler Corporation 72 H CiUes Service 104 t Consolidated Edison 34 H Consolidated Vultee 18 H Crown Zellerbach 55 Curtlss Wright 8 ' Douglas Aircraft 53 'i Oupont De Nemours 83 . , Eastman Kodak 43 3 Emersoa Radio 15 General Electric 56', General Foods 41 ' General Motors 52 J, Georgia Pac Plywood 20 ' Goodyear Tire 42 Bomestake Minlna Co. 33 H International Harv. 33 International Paper 46 j Johns Manville 67 j Eennecotl Copper 74 libby McNeill 8 . Lockheed Aircraft 18 ? Xowe's Incorporated 18 Long Bell A 37 4 Montgomery Ward 60 s Nash Kevlnator 20 H New York Central M . Northern Pacific 81 Pacific American Pish Pacific Gas & Elec. , 34 Pacific Tel. & Tel. 107 Packard Motor Car 4 H Penney (J.C. Co. . 66 i Pennsylvania B. R. 18 Pepsi Cola Co. 10 i Phfico Radio 31 Radio Corporation 27 '4 Ray order Incorp 28 is Rayonier Incorp PFD . Republic Steel 40 V Reynolds Metals . 55 , Richfield Oil 59 Safewav Stores Inc. 30 i Scott Paper Co. 51 '4 Eeara Roebuck & Co. 52 N Soeony-Vaccum Oil 38 H Southern Pacific . - . 71 Standard OU Calif ' . 56 J4 Standard Oil N. J. - 76 y 'Studebaker Corp. Vv 38 ' Sunshine Mining . Swift It Company f 1 31 'i ; Transamerica Corp. ?' 25 H Twentieth Century Fox 17 H Onion OU Company 41 .'Union Pacific 113 TjnJted Airlines 27 '1 .United Aircraft 28 fi United Corporation 5 ' 'United States Plywood 32 4 United States Steel 38 !i Warner Pictures ' ' I Western Union Tel 39 Westinshouse Air Brake 25 i Westing-house Electric 35 Woolworth Company 42 ' POTATOES ' CHICAGO (P) Potatoes: Ar rivals 30, on track 131: market firm at ceUings; street sales, per 100 lb according to basis of sale; Colorado McClurea 86.00-16: Idaho Russets . (6.75 - - 65; Nebraska Triumphs $6.00-16. CAT GETS BIRD DU QUOIN, m. (() The Harry Maples suffered a small loss the other day when fire damaged their cabin on the lake. While firemen fought flames, their cat took ad vantage of the confusion, upset the bird cage and seised their canary. Taste that 1 V 1 1 I ''Some Superior Quality . . . New Low Price'' i6toM'&M0r t WWWOTf'ai KOOf -ei OIAIN NtVTMt SITTSGfflSON"0ISTIt0NG"CO"NtW YOK, LIVESTOCK CHICAGO. Ml Hogs which had been expected Monday but didn't make it because ol soft or flooded highways got through Tuesday and somewhat overloaded the market. Prices responded on the down side by 10 to 25 cents a hundred pounds currently where they had Jumped 25 to 40 cents Monday. Cattle were unevenly strong to 50 cents lower while lambs failed to sell in early discussions. Most barrows and gills sold from $16.00 to $17.10 with one load at the top of $17-25. Sows took $14.00 to S15.75. Most good to low . primed sleers and yearlings brought $30.00 to $38.25 and good to high choice heifers $30.50 to $35.75. Cows topped at $25.50 sausage bulls at $29.00, beef bulls at $27.00, and prune vealers at $38.00. Bidding on wooled lambs was about 50 cents lower while asking prices were kept sleady around $29.50- Choice ewes established a practical top of $15.00. PORTLAND I (USDAI Cattle: salable 150; market active; sales cows steady - strong: good fed steers 25-50 cents higher; early low choice 944 lb fed steers 34.75; lightlv sorted 32.00: small truck lots 1005 lbs 35.00 with two out at 33.00; other steers and heifers scarce; few cannrr . cutter cows 17.00 - 20.00, utility 21.00 - 22.58; some hold higher; few culters. Utility DU11S 22.90 Z7.00. Calves: Salable 35: market steady: odd choice vealers 36.00: commercial calves and vealers 37.00 34.00; utility calves down to 23.00. Hogs: salable 350: holdover SO: market active, fully steady; early sales choice No. 1 and 2 180-235 lb butchers 19.75 20.00; negligible lots 20.35 : lew choice 350-550 lb sows 16.00 . 17.00: few good- cnoice no 10 leeaer pigs 17.00. Sheep: salable 100: market active considering quality; few uuttlity wooled lambs 25.00: mixed weights No. 3 pelt utility-choice lambs 25.50; choice - prime 110 lb wooled lambs quotable to 27.50: good - choice wooled slaughter ewes quotable to 13.00-50. SOUTH SAN FRANCISCO I (USDA) Cattle: 100. light supply mostly slaughter cows, steady strong, one lot good 1025 lb slaugh ter steers 31.2s. two 990-lb high commercial 30.00. canner - cutter cows 17.00 - 21 .CO. odd utilily 23.50, Monday 50 cents higher, some cows up more, small lot good heifers 31.50. few commercial cow- ish grass heifers 37.OT 28.00. short load good 625-lb yearling feeder steers 32.00. lour out at 30.00, utility commercial bulls 26.00 29.00. Calves: 25. few choice 315-lb slaughter calves 37.00. one lot choice 215-lb stock calves 38.00. GRAINS CHICAGO W Grains were nervous at the board of trade Tuesday and followed an erratic course with the exception of wheat. rainy neavy Hour ouytng ny eastern chain bakeries steadied that grain, especially the nearby deliveries. New crop contracts were inclined to drag. Feed grams laned to iollow the lead of wheat, and corn worked lower with oats. At the finish wheat was i to 2 cents higher than Monday's ' close, May $2.48 corn was ' to 1 cent lower. May $1.82 '1-83; oats were H lower to 'i higher. May 82 i-3: rye was l to I '-, cent nigner. May $2.00 t; soybeans were 3.4 to 1 i higher. May $2.87 V'i and lard was 7 to 13 cents a hundred pounds lower, May $11.05. ttbeat Open Hirh Low Close May 2.47-48 2.48 S 2.46 2.48 'i July 2J5i 3J6H 233'i 2.36H Sep 2.36'i 2J7T, 2.35'i 2.37 Dec 2.39i 3.41 2.384 2.41 HllHOlT NATION-WlPi HIVICt 904 Klamath Ave. Phene G7 ajgSSL is bast far Gibson Diamond the whiskey without rwHskey-sharp I H J Eight School Teachers Quit The resignations of eight local school teachers, effective at the end of the school year, were ac cepted last night at a joint meet ing of the boards of the city ele mentary and high shools. Jeanctle Fillers, who has been Mills physical education teacher, resigned her post in the elemen tary post. All three members of the girls' physical education department of Klamath Union High School turned in their resignations. They are Alma Davis, Marie Johnson and Randl Raanes. Various reasons were given, but most of those re signing are leaving town. Other KUHS resignations were those of Salvadore Marias, Spanish teacher, and Robcrlu Hyde, liome mnklng. Mrs. Milicrnt West, attendance officer, also resigned to go to Port land, and Gerald Howard, art in structor at the high school and Junior high resigned to take a po sition tn Valparaiso. Ind. Harold Palmer, former teaeb'r who ha;, been on a year's leave doing graduate work at Oregon State College, is to return here. Superintendent of Schools Arnold Gralapp said. At last night's meeting the bid of the As-phalt Paving Company for widening 8th street at Fremont School was accepted. Other business of the boards con cerned 1953-53 budget preparations. Youth Faces Liquor Charge William A. Gordon, alleged by the district attorney's office to be 18 years old, went on triul this morning in District Court on charge of unlawful possession of liquor. Gordon, along with three other voutlis were picked up bv Juvenile authorities and Citv Police at a KUHS basketball game. At the time police reported some of them were visibly under the influence of alcohol. According to testimony of three KUHS youths in court this morning, thev all went to Dorris the evening of Feb. 8, where Gordon purchased a case of beer at a tavern. The boys stated part of the beer was consumed that night and the remainder by some of them the next evening. Late this morning an Oregon Liquor Control Commission agent started relating Investigation of the situation. He stated Gordon. In presence of an investigator from California, had stated he was 18 years old. Jurors picked to hear the case were Carl Schubert, Otto Sari, Roy Lien, Charles Fyock. George Mc Intyre and Joe Lassette. HST Signs Jap Peace Treaty WASHINGTON (fl President Truman signed the Japanese peace treaty Tuesday and the State De partment announced that peace with Japan will be made effective April 28. The department said it announc ed the planned effective date of the treaty which will end World War n in the Pacific "in order to permit an orderly completion of the transition of Japan from the present occupation status to that of lull sovereignty." Robert D. Murphy, now ambas sador to Belgium, will shortly be nominated by President Truman to become the first post war Ameri can envoy to Tokyo. Xlqytal-kote r UNDERWOOD'S Mth sWrvtr 211 umIwwm4 tltTs- 'am 4" Eight A I. X V r (n a m - . j Coastal Storm Warnings Up SEATTLE U The Weather Bureau ordered storm warnings raised at 8:30 a.m. Tuesday from Tatoosh, Wash., to Astoria, Ore. 8mallcraft warnings were hoisted south of Astoria to Cane Blanco. Ihe forecast: "Southeast winds Increasing to 30-40 miles an hour on the sh ington coast and JO 30 miles an hour on the Oregon coaM by after noon or evening, with much strong er winds about 100 miles off the coast." Couple Held In Kidnaping VANCOUVER. Wash. I A man and a woman were arrested ill Shelbv. Mont., Monday and accused of the second degree kid naping ol Hie woin.m's 8-year-old dnughler The child. Diane Ooodson. was taken from an Orchards. Wash., grade school April I. by a man teachers Idrr.tiltod a.; Marvin Pren llss. Prentiss and Diane and Diane's mother. Mrs. Bettv Good- son, were picked up Monday by Shelbv police. Last vear Dlnne was made a ward of the slate, and taken (rom her mother. She was placed as a foster child In the home ol Mr. and Mrs. William Summer. Orchards They had beaun adoption proceed ings. Prentiss and Mrs. Goodson. both of Portland, are under $10,000 bond inch. The girl was placed in the care of Juvenile authorities. Calendar Set For Schools School will open next fall on Sept. 2. Tile schedule of school days and holidavs for the 1932-53 session of Klamath Falls public schools was announced today by Superinten dent of Schools Arnold Gralapp. There will be 185 school days, the year ending on May 29. Here Is the calendar: Aug. 25-29 In-service preparation Monday. Sept. 1 Labor Day; Tties dav. Sept. 2 registration, school opens: Tuesday. Nov. 11 Armistice Dav holiday: Nov. 37-38, Thanks giving holidavs; Dec. 20-28 Christ mas holidays; Jan. 1 New Year holiday; Jan. 12 second semester begins; March 14-22 spring vaca tion tOregon Eduoatlonal Associa tion March 16-17-18 1; May 29 school ends. Check Artist Kids Banks HOOD RIVER iPl A man ac cused of passing bad checks says banks are the easiest marks of all. He is Joseph Tennant. who was wearing the black cloth of a Roman Catholic priest when arrested at the First National Bank of Portland branch here. Sheriff R. L. Gill mouthe said he had false identifi cation papers as a priest. Glllmouthe said Tennant told of traveling across the continent three :or four, times In the past year on bad checks, and remarked that banks were the easiest places to pass them. REAPPOINTED SALEM Ifl Dr. Penn C. Crum. Portland, was reappointed by Gov. Douglas McKay Tuesday to a three.year term on the State Board of Optometry Examiners. llonderful IJlay GO VIA CALIFORNIA Or reverse the direction. Either way it costs only a few dollars more than to go straight east and back. f his way doubles the variety and interest of your trip. You tee San Francisco, Los Angeles, Palm Springs, Phoenix, Tucson and other cities you've heard so much about. Stopover any. where.' Rid famous stroamlinors with all-room Pull mans and luxury chair cars, all the way. In planning your next trip East, investigate this remarkable travel bargain. W.S. Mc Bride, Agtnt Phont 2-2501 Went her Western Oregon Fair Tuesday and Tuesday night, Increasing cloudiness: Wednesday with rain Wednesday afternoon or night. Warmer Tuesday afternoon. Highs both days Ml to 68. .Low Tuesday night 38 to 43, Southeasterly winds oil the coast, Increasing to 20 to 30 miles an liour by this after noon or evening. Eastern Oregon Fair Tuesday cloudiness and mild temperatures Wednesday. High Tuenlay 50 to 60. Low Tuesday night 30 to 40 except 23 high valleys. High Wednesday 13 to 65. Grants Pass and Vicinity Fair Tuesday and Tuesday night. Increasing high clouds Wednes day. High Tuesdnv 68. low Tues day night 36. High Wednesday 70. By The Assocluled Press 31 hours to 4:30 a.m. Tuesday Max. Mln. Prrp. Baker 46 30 .33 Eugene 37 37 T La Grande 50 33 .0(1 Lakrvlrw 47 34 .01 Medford 58 33 North Bend M 40 Onlnrio 54 40 .10 Pendleton 58 36 T Portland i Airport 59 37 T lloseburg Ml 41 Salem 58 34 .01 : Boise Chlcagu I Denver Eurrk.1 l.os Atutclrs New York Red Bluff San Fruncisco Seattle Spokane 67 41 t f3 Cj C'i K5 59 56 54 30 37 37 41 49 43 43 36 34 .01 .03 Special U.N. Session Asked UNITED NATIONS. N Y. (.fl A.-i.-Arrif.n., nntinno nushed Tues day for an emergency session of the United Nations General Assem. bly In the wake of Western refusal to let tne security council w "v a complaint against France's treat ment of Tunisia. The council's Western majority r...., fn..,lav. nitfhf tn admit for discussion the ll-nallon charge that France is oppressing her North African protectorate, in ,t,s, inA nrrm have filed this vear In riots sparked by Na tionalist demands lor more sell rule. , . - ,t, rura nrmKlnns in which the council had turned down a member's request to dis cuss a complaint. Asia-African' authors of tht charges against France, anticipat ing the aeieat, aireaay n.a c. .u... ..nn.a,il. tn t.lr If thev Midi kw -- wanted a special assembly. Affirm ative replies were rxpwicu ,u pour In and there were strong indications the group could rally the 31 U. N. members necessary to call the session. i ( ,, Ik, Ti i r. ( . I a 11 111.- IIIUtVT ,11 iufc complaint on the council agenda musicrea oniy iivr nimninni votes, both for the original Paki stan proposal for the discussion and for a Chilean compromise that would have listed the complaint but held off any debate until France showed whether she Is carrying out promised reforms. 77 FEARED DEAD OSLO, Norway (ifl Fears in crested here Saturday that 77 Nor wegians aboard five seal hunting vessels have perished In Arctic waters north of Iceland. They are a week overdue reporting back from their Arctic expedition. RETURN VIA NORTHERN ROUTE AMERICA'S MOST MODERN TRAINS Death Plunge Seen Likely OREGON CITY (PI Tha lone occupant of a 24-foot boat apparent ly was carried to his death over Willamette Falls Saturday. A mammoth crane latt Monday nalched Ihe boat from a rock ledge midway down the falls, but tha occupant, John W. Bailey, 41, was not aboard. Sheriff's deputies said there was no (olnl In trying to drag for the body In the churning water of the basin below the falls. The Army Engineers sent their big barge Montlcello to the very lip of the falls Monday to lift lha 34-foot boat Chinook from Its perch. Two tugs and a line to shore gave assurance to the barge crew It would not be swept over Ihe sheer drop In the Wlllamelle River here. It was over that drop that tha Chinook a Sea Scout boat, plunged unseen Saturday evening Only a little while before. Bailey had been seen working on the craft at an upriyer moorage. When the boat was seen Sunday on lis narrow ledge. Its mast was broken and II gave other signs of naving ronea over before being hailed, upright, on the ledge. Presumably Bailey fell over board during that roll. But hope was not given up until the barge crane put a man aboard to check. After Clyde Straight, a tugboat operator, was lowered through Ihe soray-flllad air to Die deck of the stranded boat and found Bailey not aboard, he attached cables to the bow and stern of the boat, a one-time navv tin. anH Ihe Monti. cello made Ihe pick-up. r.arner. a nencopter had hovered over the boat and had failed lo see Bailey and two men marie a hasardous rock climb to within 20 feet of the boat before Ihey were forced back. Construction Slows Travel SALEM ilFi Construction is causing delays on ih Inlloninc i highways, Ihe Oregon Highway .Commission reports I Ochoco Highway, from 10 miles .west of Mitchell: Columbia River I Highway from Cascnde Locks to Hood River: Pacific Highway from Lane County line lo Anlauf. and in Canyonvllle: Coast Highway from Reedsporl lo Winchester Bav. ana uoos south. Wilson River Highway to Tunntl Point: Unity Baker Highway from Sumpler Junction to Baker; Umpqua High way from RcedSDOrt to Scoltsbum: Coos bay-Roseburg Highway from ouiciae vretx to junction witn Pacific Highway: W'llamette High way. Lowell-Oakrldge aectlon: Shanlko-Fossll Highway; and War ner Valley Highway from Drake's Creek to Adel. Woman's Waited Long Enough LAWRENCE. Msss.. iflt Seventy- nine year old Mrs. Ellen E. Mathls- son wants a divorce after waiting is years tor her husband to to back to her. 8he told Probate Court Judge Jhn A Cwtello Monday she and Aurutus W. Mathisson were mar ried 65 yeara aio and that he left her 18 yeara ago. She said her husband had re fected several atleniDts al rerun- dilation. Judge Costello took the ease un der advisement. Own Americas smartest "hard-fop' IQdftMUeJt State Ceaeuftdor V-l ttarUwr See it! Try it! Buy it! Studebaker Starliner 1952 Commander V-8 or Champion The "hard-top" with the new swept-back lines! It's thrilling to look at... it's exciting to drive! One of eleven beautiful 1952 Studebaker styles! Studebaker Automatic Drive or Overdrive available in all model, at extra coil Mcculloch motors Klamath and 8th Soft Coal Firms Join Forces to Meet Lewis WASHINGTON l.fl The nation' soft coal producers, preparing for their expected 1053 wage battle with Jolui L. Lewis, have qulally signed an Industry pact which draws management s delenae lines lighter, It was learned Tuesday. The Bituminous Coal Operators Association, principal bargaining group for Ilia Industry, has signed up most of Ihe Indiana and Illinois oft coal producers. These opera tors have long held aloof Iroin Joining the national bargaining group, choosing to take their own Ground Shot Wounds Flier ALBANY, Ore. 11 An airplane passenger was wounded In the neck Monday afternoon and an 16-year-old Albany youth, accused of shooting at the plane from Ihe ground, was charged will) assault with a deadly weapon. Tile youth. Ronald Clark Jack sou, admitted firing a .31 caliber rule at lha plane on wnim, Dis trict Attorney Courtney Joints aald. 'Ihe bullet slruok Dale Bull. about 36, of Salem. He was a passenger In a timber acaler plane piloted by Leonard Cain, also of Salem. I The bullet broke a window and entered Bull's neck at the base of the skull. H was a superficial I wound and Bull will be hoapllallred i for only a few days, a doctor aald. Cam landed the pontoon plane In ithe river near Albany and called an ambulance. Stale police old Jackson and a ! 15-year-old companion were seen I In the area about an hour after Ihe shooting. Tliey were picked up and questioned. NOW Every Wednesday DOUBLE S&H GREEN STAMPS CliffYo'den's SIGNAL SfRVICE 2S60 South 6h (Open 24 hr. Every Dey) SEED GROYVERS--Pla.it Now Attractive Contracts AvoilabU On CANADIAN Field Peas LIMITED STOCKSEED Alio Details Available From Our Locel Representative Contact-W. A. Korthoff, Box 181, Merrill Phone- Merrill 4761 or Tulelake 7-0849 TAYLOR-WALCOTT CO.-San Francisco Mi rout r art chance-, with Ihe Untied Mine Workers' boss. RKMIKTANCK 'lite coal Industry, alerted bv government aelsuro of Ihe stri-i mills and what it considers exlmr blunt government wage recom mendations for Philip Murra CIO aleelworkera, believes Ita new agreement will give II a great dru more resistance to t.ewla' tradition al divide-and-ronqutr strategy. The new part boosts Ihe aasocla. lion's annual tonnage, on Ihe ba-.is of 1961 production, lo about :ho million tons of soil coal, roughly 60 per cent of the total noil coal produced by Lewis' miners. Tlio association U headed Harry M. Moaea, former offlclul of U. 8 Steel Corp. He la regardnl as Ihe top bargaining figure on I Ho Industry aide and one of the few men who can deal with Lewis on an even-steven basis, Lewis. Jual back from a FlorliU vacation, haa been alttlug on lui 1951 contract ever since Feb. 1, tii flrtt day on which he could legally have given 60-day notice ol serving his 1963 deinanda. CONCTUMON The contract la now on a con tinuous 60-day extension basil. This means II can be ended by either aide, subject to 60 dayn" notice. Lewis l not expected lo mai n his new demands until the air-1 dispute Is settled. Lewis' miners already are ahead of tlii Murrnv union In hourly wages. And Lean' unique welfare and retlreinrm fund la stocked with about K million dollars of unspent fin.li. IT S ALMOST HERE! AT PENNEY'S THE BIGGEST VALUE EVENT THE BASIN'S EVER SEEN! SEE OUR WEDNESDAY AD WhlU l4oll tlroo. II teaiteMo. threat voeel duca, opitoaal at attre aaaM tike oil 1952 Studebaker ' the Starliner l trim and .leek... no exceu poundage. .. you save gallon oiler gallon ol gail Phone 4149
