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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (April 30, 1952)
PAGE FOUR HERALD AND NEWS, KLAMATH FALLS, OREGON WEDNESDAY. APRIL .10, 1052 MARKETS and FINANCIAL Stocks ' NEW YORK (IPh-The Mock mr- ktt backed down slowly Wednea ' iay In the presence of nationwide ' strikes In the eteel and oil Indus- tries. . . ' Recovery trie were made from Urn to time, out prices were sepi on the losing side by fractions to ' around 2 points. There were scat tered fractional plus signs. VOIUmo WH ail eobiiiitcv iiivu,- 000 shares. , QUOTATIONS New York Stocks By The Associated frets ( Admiral Corporation 26 Allied Chemical 6 Allls Chalmers is American Airlines 12 American Power Light J4 American Tel. Tel. 1M American Tobacco H Anaconda Copper 43 . Atchison Railroad J, Bethlehem Steel H Boeing Airplane Co. 47 Borg Wamer Ji Burroughs Adding Machine , 17 California Packing Co. 25 Canadian Pacific SS J4 Caterpillar Tractor 49 t Celanese Corporation S9 Chrysler Corporation 73 Vt Cities Service 98 Is Consolidated Edison 34 i Consolidated Vultce 17 . Crown Zellerbach 80 Curtis Wright 7 Douglas Aircraft duPont de Nemours 00 H Eastman Kodak 43 Emerson Radio 13 1. General Electric. S7 General Foods . 43 General Motors S3 H Georgia Pac Plywood 19 Goodyear Tire 40 Homestake Mining Cc 36 International Harvester 32 International Paper 43 V Johns Manville 8 H Kennecott Copper 71 J UbbyJUcNell 7 H Lockheed Aircraft 19 H Loew's Incorporated 15 Long BeU A 37 4 Montgomery Ward 59 Nash Kelvinator 18 New Tork Central 18 N Northern Pacific 73 i Pacific American Pish 14 Pacific Gas & Electric 33 H Packard Motor Car 4 i Penney (J. C.) Co. 66 Pennsylvania R. R. 1S Pepsi Cola Go. " . , 10 I Philco Radio ' ' ' Radio Corporation 25 S Ravonler In corn : 36 H Ravonler Incorp Pfd Republic Steel Revnolds Metals Richfield OU Safeway Stores Inc. Scott Paper Co. Sears Roebuck fc Co. Cocony-Vacuum Oil Southern Pacific Standard OU Calif Standard Oil N. J. Studebaker Com Sunshine Mining Swift & Company Transamerlca Corp. Twentieth Century Pox Union oil Company Union Pacific United Airlines United Aircraft united corporation United States Plywood United StRtes Steel Warner Pictures Western Union Tel Westinghouse Air Brake Westinghouse Electric Woolworth Company LIVESTOCK CHICAGO tf A droD in the overnight supply of salable hogs caused aamuonai strengthening oi prices Wednesday. The top moved up to 018.00 for the first time since March 4. Cattle supplies, however, proved 2,000 more than anticipated and ortces responded with a steady to to cents lower structure in slow trading. Most sales of butcher weight hogs were at $16.75 to 118.00 and sows at $13.75 for extreme heavies up to a top of $16.50 for light weights. Good to prime steers sold from $18.75 to $37.50. those grading choice and lower suffering the most decline. Good to prime steers were In the $28.75 to $36.25 bracket Lambs failed to sell early. Ask ing prices were steady but the undertone still was considered weak. . PORTLAND OT (USD A) Cattle salable 250; market active, fully steady; supply includes few loads fed steers; 1 lot choice .1045 lb steers 3.00 with 1170 lb weights , out at 33.00; load good 969 lbs and load 1126 lbs 33.00, sorted with 11 head at 31.00; load commercial and low good 954 lbs 32.75; scat tered lots utility and commercial steers 2.00 - 31.00 including part load dairy-type 84 lbs at 27.00: odd good around 700 lb feeders 30.00 31.00; few utility and low commercial heifers 22.00 - 28.50? canner and cutter cows in limited supply at 17.50 - 21.00; utility cows 22.00 - 25.00; part load high utility and commercial cows 26.00; odd head high commercial grades 27.60; utility and commercial bulls 25.50 - 29.00; cutter bulls 22.00 24.00. Calves salable 50; market rather alow, about steady; few choice vealers 35.00 - 36.00; commercial and good calves and vealers 27.00 34.00) Utility grades 21.00 26.00. Hogs salable 250; market strong ; only odd head choice No. 1 around 200 lb butchers at 19.75; bulk choice No. 1, 2 and 3 butchers from 10-235 lbs 19.25-19.50; few choice No. 1 and 2 174 and 245 lb butchers 19.00; choice 250-260 lbs 18.50; few 136-170 lbs 1.00 - 18.50; sows very uneven; few choice 300 370 lbs steady at 16.50 - 17.00; choice 400 500 lb sows 15.00 10.00; medium grades and fat-type sows down to 14.25; few good and choice feeder pigs held above 17.50. GRAINS CHICAOO ( Corn pared a retreat In all grains on Uie board of trade Wednesday, tumbling to new low prices tor the year. Heavy deliveries of cash grain. Srobably in excess of two million ushels, were expected, on May corn contracts Thursday. That was one reason for the grain's wenk neas. Another was a limited de mand for cash corn as some lend ing processors were out of the market. Wheat closed 1 to 2 cents low . Mav $2.41; corn 2 4-3 lower. May $1.76 -i; oats 3-l V lower. May 76 'j-V rye 1 'n-2 'i lower, May $1.94-1.93 i: soybeans VI a lover, May $2.87-2.87 . and lard 8 to 23 cents a hundred pounds lower, May $10 52. Wheat Open High Lnw (lost 2.43 2.43 , 2.40 . 2.41 2.35 2.36 S 3.34 3.34 2.37 Vt 2.38 2.36 2.36 2.41 2.41 2.39 3.39 2.41 2.43 S 2.42 2.43 v. May jiy Sep Dec Mar PORTLAND I Coarse grains. 15-day shipments, bulk. Coast de livery: Oats No. 2. 3-lb white. 70.00: Barley, No. J, 45-lb B.W., 73 .uo. Wheat tbldi to arrive market, basis NWo. 1 bulk, delivered Coast: Soft hite 2.8: Soft hite (exclud ing Rex) 2.48; White Club 2.48. Hard Red Winter: Ordinary 2.49: 10 per cent 2.9: 11 Der cent 2.49: 12 per cent 2.49. Hard White Baart: Ordinarv, 2.40; 10 per cent 2.50: 11 per cent 2.50: 12 per cent 2.50. car receipts: wheat 91; barlev 1; flour 18; corn ; mill feed 19. Weather Western Oregon Cloudv and showery with gusty winds Wednes day. Partly cloudy to cloudy with scattered showers Thursday. HtRhs both days 55 to 65. Cooler Wednes day night with lows of 36. Winds oir coast southwesterly and 25 to 40 miles an hour Wednesday, decreas ing slowly at night. Winds will be come westerly and 15 to 26 miles an hour Thursday, Eastern Oregon Cloud)' with scattered showers and locally wUidy Wednesday. Partly cloudy and cooler at night. Partly cloudv Thursday. Highs both duvs 68 to 68. Lows Wedncsrinv niul'u a tn 44. Grants Pass ami Vu-iiiiiu Cloudy with lew showers Wodncs- uay. t-nruy cloudy Wednesday night and Thursday. High Wednes day 60. Low Wednesday night 40. High Thursday 63. By The Associated Press ti hours to 4: 30 a.m. Wednesday Zupan Cleared On One Count Mike Zupan, 38. ol 421 Commer cial St.. currently in the City Jnil, hired himself a lawyer and beat the rap In District Court this morning. Last Monday Zupan acted as his own attorney In Municipal Court and was convicted on charges of reckless driving, failure to stop at the scene of an accident and dis orderly conduct. The three charges arose from an incident Frldnv in which Zmmti pushed and bumned a car from 8th and Main to E. Main and Oak Sts., before shoving II Into another car. Zuuan was faced with a charge of failure to stop at the scene of an accident when ho stepped into District Court this morning In cus- Shop Operator Stricken Ed Murphy, Midway Barber Shop owner, was taken In Klamath Valley hospital bv Killer's ambu lance Into last iiluht seriously III, and hospllnl alctuluiils reiHiiied Ihls nioinlng his condition was un changed. Ambulance atleud.int.s sunt Mur phy was unconscious when laken to the hospital, but ultciKlaut.i there reported lie had renamed consciousness today. Baker Eugene La Grande Lakevlew Lakevlew Medford North Bend Ontario Pendleton Portland (AirpO Roseburg Salem Chicago Denver Eureka Los Angeles New York Red Bluff San Francisco i Seattle Spokane tit 49 55 47 67 57 62 2 70 51 61 49 69 48 72 59 58 50 58 55 55 47 78 51 58 43 63 54 67 53 67 67 50 63 54 58 45 61 50 .04 The charge accused him o( side- Iswiulng a car on Highway eft. , March 23. and falling to slop. The i other vehicle was driven by George .02 iW. Hansell, 227 W. Oregon Ave. ,37Zupan was arrested near Ashland jbv a State Patrolman about two T hours after the collision. .19: On testifying this morning Han- j sell siml he could not Identity u 06 pan as operator of ihe truck which struck his car. Judge M. A. Carter, who heard the case without a Inry tZupan's H attorney, Ben J. Ooddnrd yester- " ! day waived a Jury trial) said the 1 evidence presented was circumstan- JJlcution to definitely connect" Zupan .30 jas operator of the truck, he could Livestock SOUTH SAN FRANCISCO LP (USD A) Cattle 100: no steers offered: mostly dairy bred slaugh ter cows, active, steady; few utllltv heifers 23.00: young commercial cows scarce; utility cows 22.00- 23.00: canner & cutter cows 18.50. Calves none. Hogs 100: steady: around 1 load 230 lb butchers 19 00. sorted 250- 280 lbs 18.00. Sheep none; Tuesday couple lots good wooled old crop lambs 92-118 lbs 22.00-23.00. Annual Miller Fund Planned The second annual Dick ler Co. Boys Camo fund held starting Mav 1 nH mm. through the month of Mav. Dick B. MUler announced today. Under the fund plan, two per cent of all used car sales during that month go to Crescent Lake for permanent Improvements on the Bov Scout Camp there. The affair Is called the annual 'Boy's Camr Event. " and is sched uled to be carried on each year. not find the man guilty. Zuoan has at least 30 days to serve in the City Jail on sentence passed cn the disorderly conduet conviction in Municipal Court He ias also given Sloil or 50 davs for I reckless driving and J50 or '.'5 davs B. Mil- en failure to slop at the scene of win te an accident. Lovett Sees Slash Danger WASHINGTON Secretary of Defense Lovcll told the Senate Wednesday that If 11 approves llio 6 billion dollar cut the House made in defense speisllnii for next year. II "would. Ill ellect. be cutting off cur right arm to save the cost ol the sleeve In our coal." Lovett said such a deep slash In funds for defense would mean production losses, or delays, for at least 3.000 modern alrorult. 3,100 medium tanks and scores of light ing ships and submarines. "The only way that 1 can see that such a limitation could be honrslly carried out. he s aid. "would be to deineblll.e a sub stantial part of our armed forces." Lovett was the lead-off witness as the governments ton military went before the Senate Appropriations cominlllee. which ts considering the $46,207,177,554 voted bv the House for defense outlays In the fiscal year ending June 30. 1953 The President asked 53 billions. POTATOES CHICAGO OP Potatoes: arri vals 39, on track 71: firm at ceil ings; street ssles: Maine Round Whites $3.29 per 50 lb sack. 39 50 59 V4 i I; pS 40 38 "4, 25 i !59 $98 1 avast ftp oAiioH DKKKNSE HOI'SING PORTLAND Seventeen de fense housing units have been allo cated to the Umutllla-HennMon area, J. Guy Arrlngton, Oregon federal housing administrator, said Wednesday. Hercules Stump Crew Moves CHIUQUIN--T.r llrrcnli's Pow der Company boini 'lump pullmit operations in thr Chilooum arrn i earlv this week and today s movtmt lis 30 two-man trailer camp and service units from TioneMn to a location one and r half miles out i from Chiloquin on the htyhwnv to Kin math Agency. The comntnv conducted opera tions with Chlloqutn ns a Imsp Inst sprtntr end summer but durimr the fall and winter opcrnted in north ern California. Theater Han Jailed In Morals Case Three morals charm's were liroimlit aiialu.it Houcrt Allen I'l llchard. 4a. maiiauci' ul the Tow er Theater, Tuesdav alteinooii and ll.e dls'jict attorney's olllce late this morning was Invi'sllgatiuit pos Mbllltv 01 another charge. l'litolwrd was urroiilcd late Tues day iiUcruoon, alter leimlliy iiues lioniiut, on three marges of con Inbutlnv to the dcllmiucncv of a minor. He Is held In Ihe County Jail under J IS. 000 bull I Ho churueh. according to Dial AM. I b t 1 ....... w. kj. Tim vnciiii, involve jl'i'llchaid's alleged actions with llnce Kills, aged 15. 13 and 12 ciu In Ihe Tower Theater off Ire last batiirday altcriioon. The criminal informations ac etic Prltchard of enticing and en deavoring to persuade one of the girls to Nullum to unnatural sex acts. The charges also state the man showed lewd and poiiiomaplilc pie tuiei to two of the glrl.v 't)NI'l;SSIO.N Van Vactor suid Prllchuid signed a statement admlttiuii tlie acts charged. The situation flrat .'aine to atten tion of timhoriut's 1: 0111 Hie mother ol one ol the girls Involved, when she reported It to Juvenile authori ties. Tile girl had come home Sat urday evening from the theater, highly dlMurbn.1. and unable to eat her supier. j Prltcharri had been employed as i manager slnre March 4 and was hired In San Krai. Cisco lit had previously lived In StiHkton I'rltciinrd denied to Die district attorney having anv previous rec-1 ord of moral offense. Van Vaclor said the man did admit serving nine years of a 20 year sentence In Missouri, being releaved from prison there In 1044 Recently Prltcbard had served as an advance publicity man for ft sex movie entllled. "Mom and Pop." He was here In Klamath ' Falls when Ihe show was dimilayed here. I Hist Attv D E Van Vactor. I alter questioning Ihe man nil dav ' r (iff iAfl (HuafJiJ V IIIHTIIN MOOIIK - Hot i! al KUiiiallt Valley liwiMni. Apt 11 an. una. In Mi ami Mr 1'aiiitmm Mimmv. WU Lincoln fit . a Mtrl Wrltfht U imiiniU U'n mmtm IMNt KI.KV Html al KUnialli Valley lloauilnl, April Jtil. iVXi, Ui Mr anil Mri. John I'lnrklv) . C Hum till, Om . a Imy. Weight 11 timimli a minraa ( Ofttri .tlNIH Ml Ml Patila llitiuihmiMli vt. I). K. Hunu Ixuitth, tut! for tllvttne. Cimiilv maiileil rrli 2, HMO, Nidtlle, W.li t'haiiie. I'liirlty IMalnlltr xtvkn lilniwrtv elle meitl. J il. O'Nalll allurnev fur ilaln- llll Mvil v Jnan j4tiimi. Ciiuitle nmrrleii Nuv 10. IIH'J. KUmu.IIi Kntl. Dir. i'haitfv. t'Hirllj. I'lnlnlltr rvh ii micrly it'll If nirnl H f Mi'l.nien. 1loiHe fuf lUainllll MAItlttAflK I II INKt.H DA VIM MirCMAN IIhimIiI 1. DmvU '.W. tirrttu Nollte of Oregon, icalttrnl if Klamath P'nIU, tire Kuiilce M Kirr man, ,11, imtlw of Ida ho. tenttleni o( Klrtinalh Oir MAMI'MAN t'AMNFM Wtlhnin L Miirlman. a.l. lrlrniHihcr Nnllv o lilnho. Mrilritl of i:iilli"ln. tie Vt vint V I'miifi, i, I'lnk Native ol Wvuinlop HnaKtriii nl Oirumi ft('MMU)l.l 1'OIINIHM . Ma.it kr 1. fli hmuill. 'JT, (ui met NalH v nf Nluoo 1 1 HetiUrnl nf lloitama. (Me Ki iitnl I Cor null. Ill Nellvr ol (lklalioina. He Itlrut of ItoiiAiiia, Ore 1'iiorrr ma rr.s n-rn m iiwh. 'JA, mlllworker. Nallvo of Nrhrniha lteiUlent of KUmulh full. ie Mai I.. IIhIvi. it). Blri)iitiHhei Native of Sooth Dakota Mcaliteiil nf KUmalli Kall. (lir HIIOWNMKNUKUSON J V HMtn 'J MilUutrkri Nallvr ol OklihiMt llfihlrnt ! Weril. tullf Klheitie Mr it rtrraon, J.'. native of MtUiiiil lll. (trnl ol Wrr.l Calif AHM MI D HI HINkMH S Mt 1 (N(; HOAIIlIINti KKNNr.l. Iluh I K l.oui nml Mmi II .nn miim Il j u-ai Ml . Klniimlh Ki.ll.. ((r j'rtlrMlnv. mid "Ihr.r l-i mi doutil nbout tt. thr ninn n ft tirrvrrl " I vmi:N( : I Ourimi the Inlrrrcitutlun vtlrr dav Hpvrrnl UUih wnp intulc to I'l lli hurd -t npiirlini'iit lo rrcnvrr thr Irwd iil.'lutrH the nmn nllrurd lv slinurd tin llirrp ithlN itnd iIm n nifk full nf wonirn'i undfrclnth inu' Vhii Vmlor wild Ptiuhnitl told him Unit nl oiip I lino lir hm' brrn ' n (rmulp inppi .mnntur tit thr Ktnoi - , rhlo Club In Sun FnincKrn und nlno n( the Muntr Mull In I'uK-l In net. Thp luttrr rluh hbn rltm'd down wvcrnl yrara nifo diirluu ft ( rlpnmm drlvr by Mttvor Durothv MrCulltnivh lr of INirIlind In District Court lulp thl , nuirniiiK Prllclmrd watvrd prrllm Umrv hrnrttiR4 oil all thrrr rhniup nnd ball wn VniL bv JulRr M A Cartrr nt 15,000 Damaged Ship Limping Home WAHIIINOTON 11 -. The nil. ,.,fi i-iiit-lrl- Wllnll was lllllolliu t ullli nil III hlirvluiiiM III Ilia II.. I.. - - iiMiiniin sinking aboard. Meanwhile, a inm, wan tinder way fur a ConureHMoiini Invenllgattiiii of Ihn itltustn II in number of mUMlng and pi,. Milnrd lost III the slnkllig of i, clc-.li oyer liiined minesweeper hni been tenliillvely fixed nt ns. n,. Navy Mild rechocks may chaiiue u,. liKUie. Ihe Wimp kulled lutu llio lloliMin iluilliu lllulil iniineuveri. in Atlantic sins Hatiuday iiluhl, i,m.' ling tlie Miuiiier ship in two 'rij lloliMin sank lour inliiiilea Inlei leor n limp the 'J7.1IMI.litii In. .1 In It'iti'itl Imi-kiviirilM I.h ol two gnping holea In her bow Hut the ship radioed Tursiluy uiglil the holea had bren pnu hnl and the ielnlon-ed materia) "wan holillug well " The Navy mild it preHtiined the Wasp now 1 nicivliiic loruard. The inea:iale said the ulilp miia htlll l.HW tulles Hum New York Tucoday r 1 u til Ihe i-olllniim Usik place aliout I.L'OO lllllr (lllr rant of lloMun Ilia tup piobulilv wiiii'I arriva al Hit Hiooklyn Navy Vnrd beloie liin-day. Senate Scans Foreign Aid , WAMII1NUTON Hy unnni lituliN volp thp HcllHlp Furrlui. Mr liiliniih i iHinnitUr WrdiirMho ' ml in thr (l(Mr tt.t vprniun of I'lf-ulrni 'I rujiuui'.H Inrt-lyii ttld bill Thr cotnntllirp npprovt'd im-ikI-Iiiic ul 'W.OD'l.OOO.OOu fur Uir (it. nl ynir britlnulnit nrxl-July Thiil tt billion clolhirh lr th.m Hip Pronidrnl n-.krd but nritrly n billion inorp Uimi nnnir rni.ii wnnlpd to bp nuthorlzrd (lm)rinun 'nitnnllv U-I . who rpportrd Hip HO coinmiiir voir. ptrdUTrd fiilhi'p for iiv nt IrinpU to nit thp nld bill brlnw Ihp roinuilllrr n rpc'iiiiiirntlitUoii-., when drbnip brina Mondny MAGICIN MOTION! r invite jou to take an jlirborne "ride in tneJVew Guaranteed Washable! 'Tests hove shown that Super Kem-Ton will withstand re peated washing with useful household cleaners without Impairing Hi beauty. Wake Up To More Comfort Without Nagging Backtch Naninf backache, lot of papain! energy feeadaehttand dfsiineM mar b dua to alow anwa at kidney function. 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