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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (April 29, 1952)
HERALD AND NEWS, KLAMATH FALLS, OREGON TUESDAY, APRIL 20, 1082 MARKETS and FINANCIAL PAGE FOUR Stocks NEW YORK CI Outstanding Crennth In few railroad lsnuti featured nn otherwise sagging stock market Tuesday. The market drop ped around mid-da. V and then re covered i Rood portion of Its loss. At the bottom of the slide the market was oft from fractions to between 1 and I points, in active areas with few dropping below that outside range. . The later recovery, however, found the downside range, with some exceptions, cut off at around point. . Volume expanded somewhat to an estimated 1,300.000 shares. QUOTATIONS New York Stocks fly The Associated Press Admlrul Corporation Allied Chemical Allls Chalmers American Airlines American Power & Light American Tel. Tel. American Tobacco Anaconda Copper Atchison Railroad Bethlehem Siecl Boeing Airplane Co. Borg Warner Burroughs Adding Machine California Packing Canadian Pacific Caterpillsr Tractor Celanese Corporation Chrysler Corporation Cities Service Consolidated Edison Consolidated Vultee Crown Zellerbach Curtlss Wright Douglas Aircraft riuPont dr Nemours Eastman Kodak Emerson Radio General Electric . General Foods , General Motors Georgia Peo Plywood Goodyear Tire Homestake Mining Co. International Harvester International Paper Johns ManviQe Kennecott Copper Libby, McNeill Lockheed Aircraft Loew's Incorporated Long Bell A Montgomery Ward N'ash Kelvlnator New York Central Northern Pacific Pacific American Fish Pacific Gas Electric Pacific Tel. & Tel. Packard Motor Car Penney (J.C.) Co.. Pennsylvania B. R. Pepsi Cols Co. Phllco Radio Radio Corporation Kayonier Ineorp Pfd Rayonier Incorp . Republic Steel Reynolds Metals Richfield Oil Safewav Stores Inc. Scot Paper Co. Sears- Roebuck & Co. Socony -Vacuum Oil Southern Pacific Standard Oil Calif Standard Oil N.J. Studebaker Corp. Sunshine Mining Swift & Company Transarperica Corp Twentieth Centurv Fox Union Oil Company Union Pacific ' United Airlines United Aircraft United Corporation United States Plywood United States Steel Warner Pictures Western Union Tel Westinghouse Air Brake Westinghouse Electric Woolworth Company 20 4 48. 12 24 , 153 56 43 81 a 49 H 47 64 H "Is 7t 36 , 50 40 i M T. 100 S 34 1. 17 i 51 . 74 54 t 81, 43 14 U 57 43 V 54', 19 "t 41 'i 36 H 32 43 4 68H 72 , 7 K 19 4 15 . 37 i 59 1 H 19 75 4 15 , 33', 109 4i 65 14 UH 10 29 i 26 2 27 i 39 i 51 4 5i 30 'i 50 V 53 i 37 vt 72 4 55 74 i 38 10 'i 31 1, 25 ! 16 t; 41 V 111 4 25 4 5 31 1 38 , 13 K 33 V 35 43 . GRAINS CHICAGO (At Feed grains and soybeans were weak Tuesday the board of trade, and wheat failed to make much progress alter some opening buying traced to export interests. Good seeding and germination weather was general over the farm area, and there was no confirmed export business. The light flour dried up today. Matvv traders took to the side lines today to await the announce ment of mid-April parity prices to be announced after today s close. At the finish wheat i 'i to 1 cent lower than Monday s close May 8:1.43-42 '.. Corn was 'i to 'i lower. May 81.79 'a-1. Oats were to lower. May 77 t to Rye was 1 cent to 3 i lower. May 11.96 U to soybeans were 'a to 2 cents lower, May 82.88 ?4 to 89. and lard was 10 to 30 cents a hundredweight lower. May 810.67. WHEAT Open Hlgn Low Close 3.4S , 2.43 It S.43 4 2 43 3.36 231 3.35 3.36 'i 3.38 2.S8 i 3.37 . 3.37 N 2.42 4 3.42 3.40 3.4C . May July Sept Dec PORTLAND I Coarse grains 15-day shipments, bulk Coast de livery. Oats No. 2 ,381b white. 72.00. , . Wheat ibid) to arrive market. basis No. 1 bulk, delivered coast: Soft White 2.50: Soft White lex eluding Rex:, 2.50: White Club. 2.50. Hard Red Winter: Ordinary . 3.50; 10 per cent 2.50; 11 per cent 3.60: 12 per cent 2.50. Hard White Baart: Ordinary. 2.51; 10 per cent 3.51; 11 per cent 3.51: 13 per cent 2.51. Car receipts: barley 3; corn 6; oats 1; mill feed 1. SKODA PRODUCTION DROPS VIENNA, Wr Despite a demand for greater production, the output of locomotives in the giant Skoda works in Pilsen, Czechoslovakia, Is behind schedule. Radio Brno said that January production was only 66 per cent of the target Pi !DJ q LIVESTOCK PORTLAND HI (USDA1! Cattle: salable 100: holdover 50: market active, steady-strong on kinds available: scattered lots utility-commercial steers 25.00 -32.00; few utility heifers 22.00- 27.50; commercial . grades 28.50- 2S.00; canner-cutter cows n.ao- 21.50; few 22.00: utility cows 32.00 - 24.00; commercial, grades scarce; few commercial bulls 28.50: cutter utility bulls 23.00- 37.50. Calves: salable 35: market rather slow but about steady; few choice vealers 34.50 - 37.00! com mercial - good grades 27.00 - 34.00; few utility calves, vealers 33.00 -2C.00. Hogs: salable 200: holdover 100; market active, steadv strons: choice No. 1 and 2 180-235 lb butch ers 19.25 50: few choice 350-280 lbs and 140-170 lbs 18.00 50: sows weak with some bids lower: few choice 300-400 lb sows 15.75-17.00: heavy fat type sows bid downward to i4.oo: rew cnoice m id leeaer pigs 17.50. Sheep: salable loo: market ac tive, steady, few good - choice around 96-110 lb wooled lambs 27.00 50: one lot good No. 3 pelt 103 lb lambs 26.00: odd head choice 85 lb spring lambs 29.50; one lot held higher; odd gooa wooiea ewes 13.00. CHICAGO Wl A reduced run of hoes was snapped up at 25 to 40 cents higher prices Tuesday. At a top of 817.90, the market was back up to the levels at the beginning of March. Cattle were mostly steady to strong with some cows moving up i i fil FUNERAL SERVICES were held today for Thomas Monroe Moretz, who died here Saturday. Weather Western Ore eon Tncreaslnn cloudiness Tuesday. Rain on coast In evening, spreading inland dur ing night. Occasional rain Wednes day. Warmer Tuesday and Tues day night. Highs both davs 55 to 65. Low Tuesday night 38 to 43. Easterly to southeasterly winds ot 12 to 15 miles an hour off the coast Tuesday, Increasing to 25 to Forum Eyts Bureau Plan for Basin (Continued Frem rage One) under irrigation and lands to be irrigated in the near future. As for the water users eventual ly taking over the works and func tion of the Klamath Reclamation Project, something that Is pos sible but not probable In the near future. Boke said It Is the policy of the Bureau to encourage that when- 'ever possible and that he'd offer the Klamath Project to the local 1 water users right now If they want ! to run it. TAY-OITS i Irritation districts on the nro- ! Ject now are in various stages of i paying out tneir determined sbare ot construction costs, but one, the Klamath Irrigation District, has never undertaken its own opera tion, preferring rather to let the Bureau io it. The future of irrigation in the Klamath Basin largely depends on what the People want and can nav for, the discussion developed. But the basic aim of the Bureau of Reclamation's endeavors will be in Boke's words to take care of uie nome ioiks iirsl. HIRTHH MrCUIXV-Born at KlamalX Valley Hoipiitl. April 21. 133, to Mr. and . ... ,, w no,p,iti, April si. ism, to sir. and 35 miles an hour In afternoon and I Mrs. Ed xiccuity. Maim. Ort., a iiri. at night. Winds Decreasing to 12 j pounds a ouncn. to 35 miles an hour Wednesday anernoon. Eastern Oregon Fair with some hlKh cloudiness Tuesday. Mostly cloudy Tuesday night. Oc casional rain Wednesday. Warmer 'iuesaay anernoon and nignt. Highs both days 55 to 65. Low Tuesday night 34 to 44. Grants Pass and Vicinity Increasing cloudiness Tuesday af ternoon with rain beginning late Tuesday night. Showers Wednes day. Highs both days 55. Low Tuesday night 38. By The Associated Press 24 hours to 4:30 a.m. Tuesday Mai. Mln. Prep. Baker 53 25 i T Eugene 56 33 .06 La Grande 53 27 T Lakeview 54 32 .01 Medford 56 33 North Bend 53 38 .01 Ontario 63 36 Pendleton 58 33 T Portland (Airpt) 51 35 .07 Roseburg 65 35 T Salem to 28 .18 Boise 61 25 Chicago 77 . 53 Denver . 71 43 Eureka 53 38 Lbs Angeles 63 56 New York 56 48 .06 Red Bluff 72 45 San Francisco 58 43 - Seattle 49 31 ...06 Spokane 54 30 I .01 CHOAT Born at Klan.atfc VbIIav Hospital. April 2a, 1953. to Mr. and air. mm moat, rout 3. Dox 114a. Klamath rails, a boy. w Ighl: poundi 13S ounc. RUPE Born at Klamaln Vallty lloa. pllal April 2. 1931. to Mr. and Mr. Hvnry Jtupt. Mtrrlll. Or., a s'rl. VAN NETIR Born at Klamath Val- ley notpltal. April 37. 1SS3. to Mr and Mrs. Malcolm Van Mr tar, 4A3 J'rid St., a firl. Wttfhl: poundt 4 ;ii a Mother, Baby Survive Plunge PORTLAND P) A mother kissed . her month-old baby then threw her from the Burnside Brldce into tbr WUlamrtt River a quarter but the market was not Monday evening. The mother esiaonsnea eariy on lamos. numpea a moment later in a su. Most butcher weight hogs sold cide attemm. Both were rescued reaauy o. 10 to tiija ana sows mougn, and tne mother was CITED AS HERO by the Navy Department was GM l'c Francis E. Strunk, son of Mr. and Mrs. Ernest V. Strunk, Route 2, Box 780, Klamath Falls. Strunk was one of two Oregon men praised for rescue efforts following disastrous explo sion on USS St. Paul in Ko rea action last week. A vet eran of World War II, Strunk has been in the Navy seven years. He worked here at Weyer haeuser three years before being recalled to service. He is the oldest of 15 chil dren and has a wife and baby now living in Seattle, Wash. Details of the cita tion were not released im mediately by the Navy. from 31430 to 316.25. Good to prime steers and year lings sold from 829.00 to 838.25 and good to choice heifers from 819.00 to 835.50. Cows topped at 825.50. Bids were weak to 50 cents lower on slaughter lambs with no sales recorded early. SOUTH SAN FRANCISCO W (USD A) Cattle 100. supply most ly cows, steady, canner - cutter cows 17.00 - 21.00. utility dairy type 22.00 23.50, one lot utility ranee cows 2.00. couple head com mercial 27.00, Monday all classes steady - strong, most steers slight ly nigner nau-ioad mostly com mercial, lncludlne odd head eood. 990 lb slaughter steers 31.50, smaU tot 83 in yearlings 33.50. lew com mercial range cows 26.50 - 28.00. Calves 5 few commercial calves 31.00, few choice vealers 36.00. Hogs 400. steady, 10-240 lb butchers 19.00, load 260 lb 18.00, choice sows 14.00-50. Sheep 200, supply mostly spring lambs, one load old crop lambs, Monday 6mall lot mostly choice 9 Id spring lambs steady 28.25. General Clark Faces Trouble WASHINGTON W Gen. Mat thew Rldgway's appointment to succeed Gen. Dwight Eisenhower crew mostly applause Tuesday. but Gen. Mark Clark, who gets Rldgway's old command, faced criticism in Congress. In the Pentagon, the top-level realignments Ridgway from Far East commander to head of Allied forces in Europe, and Clark from chief of Army field forces to Far East commander were viewed by some officials as: 1. Results of a decision by Presi dent Truman to side with Gen. Omar Bradley instead of Einen- hower in choosing the new com- manaer oi the North Atlantic Treaty organization (NATO) forces. 2. Rewards to both Ridirwav and Clark for past Jobs well done. The criticism of Clark came from Sen. Long (D-La.) a mem- ber of the Armed Services Com. mlttee. He told a reporter he wants to review previous congres sional Investigations of Clark's World War II record and mav ask for a new Inquiry. Clark's crossing of the Rnnirln River during the Italian camnaion has been under previous congres sional jire. sitter criticism of the charged with assault with attempt to aui. A passing tugboat crew took them from the river, and Tuesday morning St. Vincent's hospital re ported pom in gooa condition. There was a police guard at the bedside of the mother, Mrs. Bea trice French. 34. Police said the mother refused to talk. She said she didn't want her husband to know. Finally, she said the baby, a girl, was suffering from a blood disease. A witness told police of seeing Mrs. French kiss the infant before throwing her over the bridge rail- ing into tne water, so leet below, DISTRICT COI ST Wilfred s. Hclmann not display Ins rut pvrimt. roncit fij Mil. Temple J. Prilar. no oocrator'a U. canse. Forfait S7.50 ball. Max E. Allison, ovarlanrth. rnrfelt S23 ball. Erncat r. Ttavla. svarlanath. Forfait SIS ball. John F. Groaunan. ovarload. Forfait tJ4 oait. Lloyd Ttaad. disorderly eonduet. Fro. ballon flva months 2S days. Lloyd Red. disorderly conduct. Pro- oaiion iivt monint 3s days. Richard K. Hslnay. no u-arnlna? da vlca. Fine W. John P. Mannerlna. no wamlne ocvicv. roriait so oau. Marlay C. Mcf addan. no, oaaraLnr' license. Flna IS. Ernest L. Moore, no operater'e 11. rensa. Forfait i bail. Henry H. Mueller, . angling closed season. Fine 130. Clarence J. Oppegard, no operator's Hctnee. rtne U. Henry G. Robblfta. angling closed waters. Fine 30. Charles W. Peterson, fallura yield rigm way. roneit aio Dan. Arnold G. Smith, no warning device. nne ao. Chester B. Tracy. Inadequate emer Mency Draae. Forfeit Sfi ball. Claude WlUiams. no operator's li cense. Forfeit So ball. MUNICIPAL COlT Cart W. Bragg, drunk. Flna SIS or 7', days. Richard Hamilton, drunk. Pleaded not guilty. Ruford Pareone, no brakes. Flna $s or ss oara. . Raymond Johnson violation basic rule. Forfeit sao ball. Lloyd Jefferson, drunk. Flna S13 or 7'. a daya. Mobile RADIO REPAIRING Right At Your Heme Seve Time and Money All Work Cuerantterf Ph. 9331 4335 Denver Ave. -7 Parolee Jailed By Judge Sylvester Smith, 46. of Bonanza, is gciung hi oe a steady customer at the County Jail. Smith was returned to the Coun ty's lockun Monday afternoon af ter release from City Jail on serv ing time on a drunk conviction. Smith's stav in the citv (all re. suited in revocation of parole given him March 11 by District Court after serving 81 dava on r-nnvir-. tion of a non-sufficient funds check count. Judge M. A. Carter ordered Smith to serve the remaining time of his parole, 100 days. Legal Ncfice CUSTOM KILLING BEEF and HOGS Wt olio cut, wrap and cur BAKER'S PACKING CO. ff Summers Lent ana) Bristol Art. Ph. 3323 maneuver was voiced by members of the Texas National Guard, which suffered heavy casualties. "I was In that area with the navy at the time of the Rapldo crossing," Long said, "and I know that miny of the officers with whom I associated did not think too highly of Clark's ability aa a field commaner. . "What we need In Korea now Is a field commander, not a diplo mat, and I have some reservations about the Clark appointment." Friendly Helpfulness To Every Creed and Pun Word's Klamath Funeral Home MorgutriU M. Ward and Sent 925 High . Phone 3334 Playoff Fate To Be Yof ed Tne place of championship play offs in all Oregon high school ath letic activities will receive a vote of the public in the near future. Board members of Klamath School District No. 2 fhigh school) Monday night received ballots to voice their vote on the situation. Klamath Schools Superintendent Arnold Gralapp said Oregon school officials want to find out through this vote if the championship events' are Becoming too Dig ana costing the tax payers too much money. The poll is being taken on a state wide basis to find what the future status of championship events will be and bow the Oregon Schools Activities Association will be fi nanced if playoffs are curtailed. The association is now financed through funds received from the events. Other school board business set dates for high school and Junior high commencements. Baccalaureate services for high school will be held May 25 with commencement exercises on May 28. Junior high commencement is to be May 27. There were no staff changes an nounced for the high school. In the elementary system Mrs. Harriet Muller, in charge of vocal music for the Junior high schools and supervisor of music in elemen tary schools has been named to the post of music consultant in the Tuc son, Ariz., school system. Mrs. Lois Lind, seventh grade teacher at Pel ican tjcnooi is transferring to the Calif Mrs. May Nicholson has request ed release from teaching first and second grade at Joseph Conger School and her place will be taken Dy Mrs. Louise Starosclak. The Oregon Hleh Schools Actlvi. ties Insurance plan, to cover ath letes ana stuaents in scnool was submitted to the board for consid eration. The board announced bids would be left for liability insurance, fire and theft, covering automotive in surance. Board Clerk Harold Ashler was given permission to attend a school bug conference at Salem, May 17, at reauest of the secretary of state. to discuss regulations covering school bus construction. NOTICE OF FINAL SETTLEMENT Notice Is hereby given that Tie un dersigned Executors of the estate of, Annetta MeCabc. deceased, have filed In the Circuit Court of the 8tate of Oregon, for Klamath County, the final estate and that the Tourt hVi . "pointed I PUbllc vAl00 system at Palo AltO, hour of eleven o'clock In the fore noon of iald day as the time and the Court Room of said Court as the place for hearing and aettlement of said ac count. Done March 2. 1952. Robert B. Chtlcotc Charlee Hathaway Executor of the estate of Annetta McCabe. deceased. Henry e. rerKini, Atty. for Mid estate. 731 Main St., Klamath Falls, Oregon. A. 1-8-15-22-29 No. 9.13 WOOL VALUE UP SYDNEY UP) Australian wool values rose strongly Monday when Sydney sales resumed after the Easter recess. Every Wedntidoy HOW DOUBLE S&H GREEN STAMPS ClifrVoden's SIGNAL SERVICE 2560 South 6th (Open 24 hri. Every Day) , 9th and Pin v 'OttO Phana31ll SAVE 15-25 Ward Week Housewares Sale Open 9:00 to 5:30 10.95 PRESSURE SAUCEPAN 8.83 4-QL MotlcStal OutttancJing offer. Pressure -cook everyday In Mojic-Sool oy up to 300 ItlMnn hows avary ytorj love work, fuel, food. Eaiy to uie. New pre. sure gaugo needi no watching. Rack, recipe book. SPECIAL SELLING TOASTER tint Qvalitr 13.88 19.93 voluo tavo ovr $7 at low lalt prlco. luy for yovntlf, or gift. Pops up toait don to color itlocted. Hoi roloas for impacting toott. Mirror chromo finish. Crumb troy dotochoi. for AC or DC NEW METAL SLEEVE BOARD rVoro Wfkptlc 2.79 Conn laeMti' Soy, ol jpaclol-purchai pric. Juit what you nd to giv ilvt a rolled, wrinklt.fr finish J0x5 id takn mot iiz. 24x" lid It fin for imell Hmi. Compact nouah for travl in. Feldi flat, 2 for 19c SPECIAL HOUSEWARES SALE fl. j. 35c to 30a 19 Hard Wfk omlf Hurry to Words quonlilioi won't loit at Ihil vry low ial pric. Ovtr 35 tvtryday kitchen ndi In cluded In the wide oitortmant. Buy now for younerf buy complete ili to give later oi kitchen ihower gifts. Your choice of eluminunt bakeware, plailic kitchenware, Good Quality kitchen tooli, ether hemi. 20 OFT SALE PANTRYWARE Rg. 89c, now 7 I C 4-Pe. Coni.fer Set (A) 98c Jumbo Wqste Bosket 78c (B) 1.19 Step-on Poll ?5e (C) 1.19 Oblonq Breod Box 13Vi by 8 by 92 inches wide. 95c (D) 89c : 4-pe. ConuU Set: 56. 614, Wa ond inch high 7U TYPICAL WARD WEEK VAlUES--HUNDREDS OF ITEMS CUT-PRICED NOW
