PAGE FOUR
yTUiALL) mtl M'.WS. KLAMATH FALLS. OKLXiUN
TjjURS 1 ) A Y,A jffl LJU loss
MARKETS and FINANCIAL
Stocks
l NEW YORK 1 ' The stock
tnarket weathered (harp selling
blow Thursday but kepi to the
downside.
I Losses stretched out from trac
tions to around 3 points among
leading Issues. There were plenty
pf plus signs scattered around run
tilng from fractions to between 1
and 3 points. ' ,
Voume built up to an estimated
J.900,000 shares.
QUOTATIONS
I K.to Vnrk Storks
By The Asnoolated Trass
'Admiral CorporaUon
Allied Chemical ,
Allls Chalmers
American Airlines
American Power ft Light .
American Tel & Tel
American Tobacco
Anaconda Copper
Atchison Railroad
Bethlehem Steel
. Boeing Airplane Co.
,Borg Warner "
; Burroughs Adding Machine
California Packing
i Canadian Pacific
Caterpillar Tractor
Celanese Corporation
'Chrysler CorporaUon
'Cities Service
Consolidated Edison
.Consolidated Vultea
.'Crown Zellerbach
Curtiss Wright
.Douglas Aircraft
'.'duPout de Nemours
'.' Eastman Kodak
i Emerson Radio
,; General Electric
- General Foods
"General Motors
-Georgia Pac Plywood
. Goodyear Tire
Homestake Mining Co.
International Harvester
International Paper
Johns Manville
Kennecott Copper
Libbv, McNeill
Lockheed Aircraft
Loew's Incorporated
Long Bell A
Montgomery Ward
Nash Kelvinator
New York Central
Northern Pacific
, Pacific American Fish
Pacific Gas & Electric
pacific Tel ft Tel.
. Packard Motor Car
Penney (J.C.) Co.
Pennsylvania R.R.
Pepsi Cola Co
' Philco Radio
Radio Corporation
Rayonier Incorp
Kayonier Incorp Pfd
Republlo Steel
Reynolds Metals
Richfield Oil
Safeway Stores Inc.
Scott Paper Co.
Sears Roebuck ft Co
Socony Vacuum Oil
Southern Pacific
Standard Oil Calif.
Standard Oil N.J.
Btudebaker Corp.
Sunshine Mining
Swift ft Company
. Transamerica Corp.
Twentieth Century Fox
Union Oil Company
Union Pacific
United Airlines
United Aircraft -
United Corporation
United States Plywood
United States Steel
Warner Pictures
Western Union Tel
WesUngbouse Air Brake
Westinghouse Electric
Woolworth Company
27
69 V,
6
Wi
35
154 '
56 tj,
43 .
18
48
45 tA
66 t4
n
35
81
48 "2
414
72 l,
ins t,
84
lt?
54
8 V.
54
82 H
43'..
M'
55
41 V
53
20
43
37 1,
83
43
68',,
73i
IH
18 1,
J6V4
37 (i
60 V4
S0(i
19 tj
80
16
53
109
4 Vi
' 67
18
10 Vi
30 ,
261a
28
39
54 lj
58 V.
30
50H
63 V,
36
70 yt
54
74
36
10
31 Va
2S
17.
40 Vi
112
27
29
5V4
32
38
14
38
25
35 Vi
42 Vi
LIVESTOCK
CHICAGO Ul Again a slight
expansion in Kog numbers tipped
prices a little lower Thursday,
most proving weak to 25 cents
lower.
In the little alleys the tone was
steady to weak generally although
imlla. were off as much as 50 cents.
Sheep were steady.
Most nogs sola irom .io.io 10
$17.15 in the butch-r weight divis
ion with a short sorted load of
lightweights stepping up to $17.25.
Sows generally found a price range
of $13.15 to $15.75.
anJ rnnlrft eteer and Venr-
llngs were about the best beet
tc be had, taking sno.uu 10 sw.w.
A load ol high-choice material took
$35.75. Good to prime heifers were
worth $30.00 to $36.00.
Four loads of choice and prime
fed wooled Colorado lambs topped
the earlv market at $29 00 and good
and choice ewes ranged downward
from $14.50.
80UTH SAN FRANCISCO IfTI
(USDA) Cattle 50; light supply
mostly dairy type slaughter cows;
not enough to test market; early
sales strong; so fsr this week
steers 50c higher; cows Mc-100
higher due to light receipts; small
lot choice 915 lb slaughter steers
33.25; two head out at 82.25; two
loads mostly utility dairy type
steers 27.00: few cutters and utility
out at 25.00; small lot good slaugh
ter heifers 31.50; canner and cutter
cows 17.00 - 21.00; utility dairy
type 22.00 23.50: short load good
825-lb yearling feeder steers 32.00;
four head out at 30.00.
Calves none.
Hogs 300; steady; choice 180-240
id sutcners 19.00: good - choice
255 lbs 18.25: choice sows 14.00.
Sheep none.
Weather
Western Oregon Mostly sunny
Thursday and Friday. Patches i.t
early morning fog. Mild tempera
tures. Highs Dolh days 65 to 75,
except 55 to 60 along coast. Low
Thursday night 38 to 45. Winds off
coast westerly to northwesterly I
to 15 miles an hcur Thursday, be
coming southwesterly 10 to 20 miles
an hour at night.
Eastern Oregon Mostly sunny
Thursday and Friday with mild
temperatures. Highs both days 6
to 70. Low Thursday night 32 to 42.
Grants Pass and Vicinity
Sunny Thursdav and Friday; highs
both days 15; low Thursday night
43.
By The Associated Press
24 hours to 4:30 a m. Thunday
alax. Mln. rrcp.
Baker 63 33
Eugene 66 40
La Grande 65 33
Lakevlew 65 89
Medford 14 41
North Bend 56 41
Ontario 61 36
Pendleton 66 45
Portland tAirpt) 11 44
Roseburf 70 44
Salem 68 38
Boise 68 37
Chicago 68 43
Denver 61 37
Eureka 62 44
Los Angeles 10 54
New York 67 49
Red Bluff 89 49
San Francisco 72 46
Seattle -8
Spokane 64
OTI Continues to Grow
While Few Foes Attack
v INDUSTRIES MAT MOVE
' SINGAPORE () Some of Hong
Kong's light industries are des
tined to be shifted to Singapore,
according to the Singapore Stan
dard, which says establishment of
the Bank of East Asia Ltd. here
Is the first step in that direction.
POTATOES
SAN FRANCISCO Lfl (USDA
Potatoes: 5 cars on track: market
firm; arrivals, 1 Idaho; Idaho Rus
sets No. 1-B, washed. 2.83 deliv.
ered.
LOS ANfiEI.Ps u (n.Qn.t
Potatoes' 4A mm nn
rivals. Triahn1.V mortal otia.,.
Idaho Russets No. 1-A unwashed',
als 1. on track 116: market firm
si ceilings; no tract sales report
ed: street sales, per 100 lb ac
cording to basis of tale: Colorado
McClures $6.10-16; Idaho Russets
$6.76.
Tule Chamber
Setup Sifted
TULELAKE Changes In the con
stitution of the Tulelake Chamber
of Commerce approved at a meet
ing April 11 in the Soortsman's
Hotel provides for shrinking the
Board of Directors from ten to five
members. The streamlining is
piaunea 10 proviae a more work
able system for a small town.
The five new directors elected
are Hugh Mull in Jr., Ralph Fau
sette. Dr. Ira Du Pratt, Ross Dan
iels and H. B. Smith. Mullins. Dan
iels and Smith are elected for two
year terms, Fausett and Du Pratt
ior one year terms.
A president, vice-president, secretary-treasurer
will be elected in
the near future from the board.
Ralph Fausett rerjorted on plans
for a parade Saturday afternoon,
April 26. This month marks the
15th anniversary it the incorpora
tion 01 tne town ana uie 2isi since
the first lots were sold for the
townsite. H. B. Smith, chairman
for the recent chamber member
ship drive and prawn feed, report
ed the dinner a financial and pop
ular success.
Winter Range
Tour Slated
Modoc National Forest rangers
are going to sponsor a "show me"
trip over the winter range of the
interstate deer herd this weekend.
1 ), ...... f , ho trlnmnth Snorts-
men Association and others Inter
ested are Invited, and reserva-.
Hons mav be made by calling cull
er Virgil Davis or Dr. Robert A.
Wood here- in town.
On. group of men Is to go to
the Dry Lake Guard Station about
n .-.-.. kAlnw TitUlnk KAtlird&V
afternoon and will spend the night
mere. Anotner group is 10 mc
at the guard station Sunday morn
ing.
The intent of the trip is to look
over the area where the interstate
hHl -anirw4 ritirlncr thr wlnlPr
and also to Inspect the deer re
maining in tnai area.
KUHS Comedy
Tonight at 8
It's a laugh and a big one the
way the Fuller family get in and
out of difficulties in the KUHS stu
dent body play "George Washing
ton Slept Here" to be presented a
o clock tonight in the scnooi audi
torium. Michael Wood as Newton Fuller.
the man who bought the house
where George Washington slept
gives a perfect impersonation in
rehearsal of a guy who needs room
to breathe in.
Annabell Fuller, his wile who
hales the building is played by
Beverly Hunt, who really hates
with a vim.
Tom Murdock, slated to have
played the masculine lead this year
piays Mr. rrescoti a minor roie
like a veteran trouper. Tom's extra
curricular activities and heavy
class schedule prevented him irom
accepting the heavier part.
Strong support is given to the
leads by other members of the
cast.
By PAl'L W. HARVEY JR.
SALEM on The Slate Federa
tion of Labor, with the help ot
some economy minded legislators
and others who don't want tux
money spent (or vocational educa
tion, still wants to wreck Oregon
Tech.
Tliis controversial school. Oregon
Technical Institute at Klamath
Falls, was started live years ago
when the state took over the
Klamath Marine Barracks, used
during the war (o treat Marines
with tropical diseases.
Despite the bitter attacks on it.
the school has mushroomed to an
enrollment of more than 800 stu
dents.
OTI has had hard sledding In
legislatures. But the iiitluentlal
Klamath County legislators always
have managed to steer Its appro
priations through, led by Rep.
Henry Semon. Klamath Falls.
chairman o( the powerful House
Ways and Means Commute..
OPPOSITION
The main opposition comes from
the State Federation of Labor
lAFL). It claims that OTI men
don't get good training, and that
the AFL unions' apprenticeship
I program can train them much
better.
I Supporters of the school, lnclud-
lng the controlling Stale Board of
Education, says the school s gradu
ates have had outstanding success
in their post . graduate Jobs. OTI,
the only school of its kind in the
West, has graduated 163 persons,
with another big class coming up
in June.
Oscar Paulson, state director of
vocational education, says that
local unions aren't prejudiced
against Oregon Tech graduates.
"Unions in various upslate towns
accept the graduate as a member
on the basis of the employer's wage
scale paid. When entering a union
shop, membership Is Immediate.
Some start In non - union shops
and affiliate voluntarily." Paulson
says.
Courses at the school are: ac
counting, bookkeeping, general of
fice practice, medical and dental
assistant, retail business manage
ment, commercial art, engineering
equipment, radio communications,
water and sewage. pUnt technol
ogy, silk screen processing, sigh
painting, watch repair, auto body
and fender, auto mechanics, auto
painting, auto electric, auto mach
inist, auto radiator, baklns. cabinet
making, carpentry, combination
welding, diesel mechanics, drv
cleaning, electrical repair, farm
mechanics, gunsmithtng. machine
shop, refrigeration servicing, and
sports equipment.
The institute has three terms a
year. Classes take six hours a day.
and the tuition, fees vary from only
$63.50 to $90 per term. The course,
run from one to three years.
There are low-cost dormitories
for single students and for mar
ried students and their fuiulltes.
For Instance, a family can gel an
apartment for $24 a month, with
all utilities Included.
Many students work their way
through Oil with part-time work.
ALL OVKR
OTI gets students Irom all over
(lie nation. Last year the students
came from all Oregon counties
except Jefferson and Sherman.
Some people think It would bo
better If the school were closer to
the state's population centers. Last
year there were 126 students from
Klamath County, and Marlon was
next wiui 33. Miiilnomuh County
was third with 31.
Some legislators are disgusted
with the amount of money It takes
to run the Baa-acre campus.
The 1941 Legislature appropriated
$620,000 to run OTI for two years,
with Uie vocational education de
partment promising the school
quickly would become self sup
porting. Tne Emergency noma
had to supplement that with a
$75,000 grant, and even then, the
school run $323,000 in tne red ior
Us first two years.
In 1949, the Legislature appro
priated $948,240, and the 1951 Legis
lature gave the school $1,403,000.
That's a long way from being
self-supporting.
Paulson's answer Is that despite
the cost of Uie expensive machin
ery needed In OTI courses, the cost
per OTI student per year la $834.
compared with an average cost of
$868 per student In the slate univer
sity and colleges.
OTI has had strong support from
veterans organizations. In 1941, 98
per cent of the students were
veterans, but now the percentage
has dropped to 50 per cent. Women
students are accepted, too.
The Institute has an ambitious
athletic program, wllh the best
players getting scholarships. This
has drawn fire from non . athletic
students and from people who
can't see why a technical institute
should engage In Intercollegiate
athletics.
Supporters of the school athletic
program say that students of a
technical school should get the
same privileges as those who go to
college. Campus life Is similar to
college life.
The director of Uie school Is
Winston D. Purvlne. former assist
ant In the Vocational Education
Department. He has run It sine, it
opened.
ine scnooi probably will be there
for a long, long time. But It will
be a bone of contention for a long
time, too.
Legal Notice
YMII'.I. (r ANNUAL STATIMKNT
tot Utt )i eiiiltd iitrtni.ir II, itii
III Ihe
tONN.TTH'l'T rillK INSllMANl'l
t OUI'ANY
r IIARTrOKli, in th. IKli mi CON
CTHl'T, mud. 1. Hi. insutanc.
Yomnilssimirr ul U SUM .1 Ots.oo.
yuiiu.iu M lit:
AUMUTID ASSET!
Bomle .JU.UII7.0S9 on
HMtJMM
M'Ikh. lusni o rval
4(10(1.11
Rrnl Ule. lti .0 tn-
cumliram'M a
C.th in hank drpoaiu I. I.n. 4.0.04
A.fntli' balance! or un-
collnlxl pmmluim I.III..114U
Intarvil, tlivKUndH and
ral Mtata Incont. du.
and aeerutd H!i III. .1.
Olhar (. 1.3. 741 .4
Tnt.l idmllt.d atari IAI.7I0..U3.U
LIABILITIES SUHI'LU AND
OilltR HINDS
Loua . 4,141.171 U
Loti adjualinvnt .1-
uanata
Untamvd uramlunia
All olhrr llatnlltlaa .
Total tlahlllUaa,
ent rt!lal
Capital paid
up . 1,000,000 no
gpvi-lal aur-
plua (unita
U n afil.nad
fundi
laurpluii . S3 170.S.I 04
Surplua at rilitdi
policyholder. MS.I70.UI 04
111 III t.
. 10.I1S0. Oil 140
. 1.140,7.4.74
ao.44ii.ioa 14
Toul V11.710 oej i.
STATKMINT OT 1NCOMI
Premiums aarnrd .10.3.0. 1. 1. 4.
Loun Incurred $ .(ae.'at S.
l.naa axpeiuee incurred . .31,300 So
Olhcr underwriting .a
petuea Incurred Mll.SSSOd
Total underwriting
clrdm-ttonk .. I?!). 002.049 I.
Net underwriuna gain
or loea
Investment Ineom.
Other Income
Toul. before federal in
come aa.ee
Federal Income, teiee
Incurred
Net income $
Dividends to sloek-
holdera .. .... I
Dividends So police
holders
Capital charge, (net)
Other Items affecUng
surplus (netl . . .
Toul caplUl .nd assr
plus Item. Inell
lnrrraae In surplua w
regards policyholders
Low Dredging
Bid $214,368
The McKlnnon Construction Com
pany of Sandy, Ore., was the ap
parently low bidder on the Job of
ill edging out a nix and a half nillo
channel lor Lost niver.
The bldrt wore opened Wednes
day afternoon at the lluicitu ol
Koclitmallnii oil Up and have been
sent to the USUI! chief engineer
al Denvor lor review and award.
'I'licr wore six bids, and Ihe low
was considerably under the engin
eers rMimitle for the Job.
i ne mi-Minion dki was $Jl4.3it
H4. and the estimate had been
a70.8BII,
Other bids were:
Oeorge It. Starry. Tulelake, $337,.
873.30; J. A. rritelluu and Hon.,
Boise. $348.704 85; Itnmnrv Con
struction Company, Cnrvitllls, $349,-
luil.ou; Morrlann-Kiiudarn, Lnn An
geles, $383.0911.45: and Porker
Inc., Mnrysvlllr, Calif., $301,539,-30
The Job Is located In l.angell
Valley. slarUlm a short dl.tancil
below Mtilnne dam. At that point
the river keeps to no defined chan
nel.
Tule Red Cros
Chief Named
TUI.KI.AKK Hugh Mullln Jr
malinger nf III. Ttilclnkn llraiirh)
Hunk of America has been apiioliii-'
ed Chairman ol the Ttilclnkr
llrulifl, Amnrlcnii IImiI Onu. i,
stlccreda I tons Kiiglnnd who re.
signeii alter .rrviiiH two yrnl'H
lliiulullrl sii
until early una mount.
Mullln and Kiuiiirll Hum have
been In charge of the (unci drive
to be coiuplrlrd lllia week.
Oilier members ol the hoard ol
director, to serve wllh Mullln am
Blanche Kirn home service, Kuth
rrliir Slnnrcyphei , water safety;
Lucille Coynrr. treasurer: t,.iun
Burr, aerrrtary; O. E. reileraen,
runt aid; Violet Main, home mii.
lug and Clayton Hurany, disaster
chairman
tot itr ri'iitii.iiH oi hiut
TOKYO W Juinili'a auiiienir
court has upheld tile firing of 3:1
newsmen for Coiiiinunl.i activity
ol views. Kyodo, the nation', larg
est new. service, discharged Die
33 in AiikiisI, 1950, alter Urn. Mar
Arthur had banned pres. employ
ment of Cominuul'tn or their nvin-palhl.ers.
.07.403 .a
1.700.710 as
-1,4.3 41
I.1I7.7WI4
I 117 41
1.IM.432 U
Too 000 so
e
1.771,0.1 II
1.071.01. It
I1...4S4.M
BUStNCSS IN ORKOON
roH Tin: year
Net premiums received $ 133.711.
Nel lasses paid I.JW..4
Dividends paid or credit
ed to policyholders .. . a
Ptinelpsl office In Oregna
Mobtnson Potter and Beiepaieeg
11. S. National Rank BMg.
Medford. Orsgoa
NOTItr
Nnlire Is hereby given that the un
derlined will al a regular marling nf
the Common Cnunrll or the City ol ,
Klamath rails. Oregon, to be held at I
the hour of 7:30 o'clock I M the I
lain aay or Slay, losi. In Ihe council
room of the City Halt for said City.
fretent a petition 10 said Conrm:n
ounrlt reouesiing the varallnn ot Ihe
following described alley, tn-wlt.
The alley way through Block five
inik. Si of Canal Addition to City of
Klamath Falls, Klamath County. Ore
gon, extending from eleventh street to
Commercial street
Done AprU 17, last
Chriri Blanaa
A 17 34 M I -I No m
COME TO THE
ABERDEEN ANGUS SHOW
SUNDAY, APRIL 20
and
ABERDEEN ANGUS SALE
MONDAY, APRIL 21
FAIRGROUNDS
we ari selling
Two Reqiitercd Heifori bred to calvt In August
On Bull ready for fieovy lenrict
Two pons ol five each Commercial Heilors reody
brood this .print.
Dale West
MERRILL, OREGON
it r$3m
Fifth Annual
. Registered v and Commercial
mi
STOW
SMI
Sunday Show, April 20
Monday Sale, April 21
32 Head Registered Females and 20 Bulls
50 Head Commercial Females, some with calf at side
Judge: James Guttridge, Elk Grove, Calif.
Auctioneer: Walter Palmer, Los Angeles
For Catalogs Write Box 1069, Klamath Falls
Klamath Falls, Oregon Public Invited
Spomored by Pacific Coast Aberdeen Angus Association
If .if m i
: Ui
Jnass tedes
To pT Uis to Uyl
Get (hi price on the Chco
roiet irucic that t right tor
your work. Youll find lh
Chevrolcl'i lit) prices .re the
lowest in the field.
Yee save ee cost ft aillel
You cin't beat Chevrolet's
Valve-in-He.d engine for
over-ll economy. And emrs-
rugged construction means
lower nuiniensnce.
V I 1131 in rahte
MORE CHEVR0UT TRUCKS IN USE THAN ANY OTHER MAKil
Here's why a Chevrolet truck means
dollarM-and-cents savings!
Size up the four facts why a Chevrolet truck cuts down
your hauling or delivery costs.
But there's more to it than that. It's the greatest
truck to drive you ever got your hands on. Easier Ball
Gear Steering. Clutch smooth and easy. Fast, quiet
Synchro-Mesh transmission that eliminates double
clutching. Roomy cab with five feet of hip room, venti
pane windows, and seats with double-deck springs.
They're great trucks to work with ... and they save
you plenty. Come in and let us show you.
Tee t It), right ireti foflfie el
Chevrolet trucks vtmlaclory-
.-I I . - .L - T. 1
maicnra 10 inc payioao ana
to the job. There's a standard
body and chassis, or chassis
for ipecial body, for your work
..mii'inmiii i i
Tear fmtk Inveitnwiri Is safer!
Used Chevrolet trucks tradi
tionally bring more money,
compared to what they coil,
than other makes. They're
better inveiiqient
sndihtifhffoof
irWeWrf iiiiftmtHt mid him mm"mtmamnm i ' Ta- i 't W
KMrlSINlrM !
ASHLEY CHEVROLET
410 South 6th Street phone 43