Herald and news. (Klamath Falls, Or.) 1942-current, April 29, 1952, Page 4, Image 4

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    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