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'
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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