Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (May 26, 1952)
PAGE FOUR MARKETS and FINANCIAL Stocks i NEW YORK ' Wl TTRdlnu in. day's Block market and prices held barelv steady. Transactions for the day ran only to around voo.uuu snares. Price changes, most of them limited to a few cents a share, were well mixed In most sections of the list, However, several chem ical Issues advanced narrowly. QUOTATIONS By The Associated Press Admiral Corporation 26 V Allied Chemical 71 - Allis Chalmers 51 American Airlines 13 American Power & Light "i5 American Tel. & Tel.' 156 , American Tobacco 55 X, Anaconda Copper 45 Atchison Railroad 82 i Bethlehem Steel 48 ', Boeing Airplane Co. (New) 32 3 Borg Warner 6i i Burroughs Adding Machine 17 'a California Packing 24 S Canadian Pacific - 38 'j Caterpillar Tractor 50 !j Celanese Corporation ' 39 s Chrysler Corporation 57 ?i Cities Service 101 Consolidated Edison 35 Consolidated Vaultee 17 i Crown Zellerbach Curtiss Wright 8 , Dougla Aircralt cupont de Nemours !I4 Eastman Kodak 43 i Emerson.-Radio ;3 General Electrio 59 i. General Foods 44 General Motors 55 H j Georgia Pac Plywood Goodyear Tire 41 Jiomesutce Mining Co. International Harvester S3 !, jiiOTnuuonai f aper -15 -j Johns ManviUe 74 i, Kennecott Copper 75 v. Libby, McNeill 71 iocuieea Aircraft 21 1, "ws incorporated is x. Montgomery Ward 59 a: Nash Kelvinator 19 s New York Central 20 Northern Pacific 76 ij Pacific American Fish Pacific Gas tt Electric 33 ; Packard Motor Car 5 i! Penney (J.C.) Co. 67'. ennsylvania R.R. ' - J9 Pepsi Cola Co. 9 Phllco Radio 29 Radio Corporation 25 t2 Kayonier Incorp 27 r, Rayonier Incorp Pfd Republic Steel 46 14 Reynolds Metals 53 ' Richfield Oil 63 V, Safeway Stores Inc. 32 'j Scott Paper Co. 50 U Sears Roebuck & Co. 53 1 ,Socony-Vacuum Oil 38 Yt Southern Pacific 79 H Standard Oil Calif ' . 55 , Standard Oil N.J. 77?, Studebaker Corp. ' 37 Sumhine Mining 9 3i Swift tt Company 31 "s Transamerica Corp. 25 i Twentieth Century Fox ' 17 i Union Oil Company , 41 Union Pacific 114 United Airlines ' 26 '4 United Aircraft 30 V United Corporation .. 5 Vi united states riywooa ... 31 United States Steel 38 Warners Pictures 13 Wester Union Tel 39 4 Westinghouse Air Brake 25 3 Westinghouse Electric t.- . 36 Woolworth Company 44 !i I ' . Livestock ' SOUTH SAN FRANCISCO (fl (USDA) Cattle 500; generally steady: load supplementary fed 1,080 lb good grass steers 31.00, first of season; 3 loads other steers offered; heifers absent; increasing supply grassy cows in run: utility commercial cows especially slow, . weak; numerous lots canner-cutter cows 16.00-20.00; odd cutter bulls 25.00. Calves 100; steady; dozen good 308 lb slaughter vealers 34.00; bal ance commercial-good stockers, feeders. Hogs 200; about steady to 25c lower than last Thursday: choice No. 1 butchers 180-230 lbs 22.75; under 378 lb choice sows 16.50; 400-500 lb sows 15.00-16.00. Sheep 2,000; mostly lower North Coast spring lambs, 3 loads old crop shorn lambs and numerous lots shorn spring lambs: under tone steady; no early sales. Trucks, Car In Collision A transport truck, a sedan and a panel truck were banged up In an accident Sunday morning near the Spring Creek bridge on U. S. 97, and a pickup truck which caused it all didn't get a dent. State Police said the pickup was driven by J. B.-Coleman, Myrs, Ark. It was being followed closely by the panel driven by Agnes Burrows, also of Myers, Ark., and that vehicle in turn was being fol lowed by a sedan driven by Harley Jody Bradley, Myers, Ark. They were all driving north to Washington to work in the fruit harvest. The transport truck, trailing the procession, was driven by Richard Knight, Los Angeles, Knight started to pull around the three vehicles when Coleman, in the pickup, signalled for a left turn. The panel stopped and so did the sedan, but Knight was un able to stop his big truck. It hit the sedan and knocked It Into the panel. The pickup had pulled clear. No one was injured. FLAGS; FLAGS Wa Hova a Complete FLAG SERVICE!! . Voighrs Pioneer Office SUPPLY 629 Main Ph. 7412 LIVESTOCK CHICAGO Wl Hog prices re covered somewhat from last week's closing weakness Monday as leceipts proved about norm al. Values generally were steady to 25 cents higher as compared with Friday's averages. Cultle were steady to 25 cents higher as compared with Friday's averages. Most choice butcher weight hogs sold readily from $19.25 to S21.75. the dav's best level. Sows showed good strength, taking $17.25 to $19.5 for the most part. Clear ance was good on the 11,000 hogs on sale, which compared with ac tual numbers sold a week ago 01 10.336, and a year ago of 10,475. Steers weighed heavily on the cattle market in the biggest run in more than month. Choice to prime steers made $33.00 to $37.50 and one high prime load merited $38 25. Many heavier weights still were In first hands when the trad ing session was well along. Choice to low prime heifers top ped at $33.00 to $35.25 while cows lopped at $26.00, bulls at s'-'8.oo mainly, and vealers at $38.00. In the sheep pens, good to prime wooled lambs topped at $29.50 and choice shorns at $28.50. Ewes con tinued at $13.00 downward. An estimated 15.000 cattle were on sale, along with 500 calves and a.000 sneep. PORTLAND Lf (USDA) Cattle salable 1100: market un even: fed steers, heifers active steady-strong: some lightweights 23-00 cents higher; cows generally stcaoy; good-choice 879-1,167 lb fed steers 32.00-34.00: including around tnree loads at 34.00; load choice 1,056 lbs 34.35: few commercial steers 29.00-31.50; utility 22.00-27.00; commercial zs.30-3U.oo: commer cial cows 26.00; utility mostly 21.50-24.00; canners-cutters 16.50- 20 50; few 21.00; utility bulls 26.00 28.00: commercial 28.50-29.50 with cod heavy Holsteins at 31.00. Calves salable 150; market ac tive, steady-strong: choice vealers 3a.uo-3u.Mi; prime 37.00-38.00; com. mcrcial-good calves, vealers 27.00- 34.00: utility 20.00-26.00; few lots good-choice light stock calves 36.00 38.00; odd 155 lbs 40.00; good 415- U IDS 3J.tW-33.UU. Hogs salable 1.000: market around 50 cents lower: choice 180- 23s lb butchers 23.25-50: one lot 214 lbs 23.75: .heavier, lighter weignts mostly 21.30-22.00: sows steady; choice "300-500 lbs IfOO- 19.01: feeder nigs scarce: good- cnoice quoiaoie z2.uo-z3.oo. Sheep salable 750; market slow generally 50 cents to 1.00 lower on lambs; ewes steady; one lot choice and prime 99 lb spring lambs 27.50 other good-prime 90-98 lb spring lamos 26.30; one lot 121 lbs 26.00: good-choice 103-115 lb shorn old crop lambs 23.50-24.00; 125 lb year lings 21.00; good 135-160 lb ewes u.ou-to; cuu-utimy 4.00-7.30. GRAINS ' PORTLAND Wl Coarse grains unquoted. Wheat (bid) to arrive market, basis No. 1 bulk, delivered Coast: Soft white 2.48; soft white (exclud ing Rex) 2.48; white club 2.48. Hard red winter: Ordinary 2.53; 10 per cent 2.53: 11 per cent 2.53; 12 per cent 2.53. Hard white baart: Ordinary 2.48; 10 per cent 2.48: 11 per cent 2.48; 12 per cent 2.48. Car receipts: wneat w; Dariev 13; flour 4; corn 14; oats 8; mill feed 13. CHICAGO Wl Wheat sagged on the board of trade Monday as the Canadian wheat territory re ported fair to good rains and the weather bureau forecast showers for North Dakota. Both of these areas have been complaining of lack of moisture over the past couple of weeks. Traders felt that if the moisture was extensive enough, wheat -prospects would be greatly Im proved. Other grains headed lower with wheat. Wheat closed -1 V lower. Ju ly $2.33 -$2.34, corn 1 cent lower to V4 higher, July $1.83 oats unchanged to ft lower, jmy 10 V. rve -1 'i lower. July $2.00, soybeans -l",4 lower, July $3.00 $3.00 "4, and lard unchanged to 5 cents a hundred pounds higher, July $12.30. WHK.A1 Open High Low Close 2.34 V4 2.34 2.33 H 2.33 " 2.36 2J7 2.35 74 2.36 H 2.41 .41 .239 2.40 14 2.44 2.44 i 2.43 , 2.43 Jly Sep Dec May POTATOES CHICAGO (jfi Potatoes: Ar rivals 44. on track 42: total U.S. shipments Friday 435, Saturday 254. and Sunday none: supplies light: demand good, market firm: street sales per 100 id according to basis or sale; Alabama Triumphs and Long Whites $3.66; cantor- nia Long Whites $6.23. SUBURBAN FLOWER SHOP 3614 So. 6lh Phone 8188 OPEN WEDNESDAY end THURSDAY 'Til 9 p.m. . - Friday 'Til 3:00 p.m. SPRAYS WREATHS BOUQUETS CUT FLOWERS H FLOWERS I ALL READY TO GO! River Yields Battered Safe A battered and rusty safe was pulled from Link River Just under the Fremont Bridge Sunday by persons searching tor the body of i4-year-oia Micnaci savage, wno drowned in the river Saturday. The safe, about two and a half feet square, apparently had becu in uie water many months. The door was missing and cash boxes Inside battered open. One of the boxes contained shreds of can celled telephone bills, nil benrlni Grants Pass addresses, and the date May 11, 1949. uepuiy sneritl Dal Reed today was trying 10 delermine if lic snfe had been taken in a Omnia Pass Burglary. Annual Cub Circus Set The annual Cub Pack 4 Circus has been slated for Wednesday night at Mills Auditorium wiih Big Top, Side Shows and games slated for public entertainment. The affair is to get under way at 7:30 p.m., with whole families invited. '. Proceeds from the affair will support the Cub Pack activities through the' coming year. Merchants who have donated time and materials to the circus Include Park's Variety 6tore, Wool worth's, Payless Drugs, Cut-Rate Variety, Pioneer Tobacco Co., East Side Pharmacy,' Lee Hendricts, The Herald and News. Griggs Store, and City Ice and Supply Co. Suburban Fire Election Set A special election is slated for tomorrow ,in the Suburban Fire District to obtain approval of the operating budget of $26,940 for the coming yeSr. This is a slight bit higher than the past year's oudget of $26,160. with the" increase coming from salary increases. Some of the operating expenses have been cut to make way for other salary in creases not- covered In the pro posed budget. Polls have been established at the fire station on Gettle Street, and will be open from 8 a.m. to P-m- . Property owners who are legal voters are eligible to cast ballots in this election, according to elec tion officers. Man Arrested After Chase A call to the K Cafe early Sun day morning where a Mexican was reported brandishing a. knife re sulted in an automobile-1 chase through town and arrest of Mar garlto H. Ponce. 27. on a drunk charge. City Police reported they were called to the restaurant aoout 5:30 a.m. and when they arrived Ponce was pointed out as having made threatening gestures with a knife. The Mexican lumped into a car parked nearby, with Eugene Angus Belerle, 34, of Chiloqquin, at the wheel, and sped away. The police car chased the fleet- ing vehicle down Klamath to 6th, up sixth to Main and out Main to Conger where it was baited. Ponce forfeited $15 ball on the drunk charge and Beierle was lined $10 for violation of the basic ruie ana running a red light. Summer Grade School Slated A six-week summer course for children In grades 1 to 8 is to be offered this summer at the Pre school Center and Music School, 715 Jefferson, according to Di rector. Mrs. Robert Dedrlck. The school will accept students needing tutoring In basic subjects. Morning or afternoon dally In struction will be offered. Teachers Include Mrs. Florence Oppeit, who trained at the Uni versity of Minnesota and taught school there for eight years. Mrs. Robert Dedrick. the director, is a Minnesota State College graduate and has had 15 years experience in Minnesota and California teach ing kindergarten through the fourth grade, as well as music. Early registrations are being accepted. mmmiiMM 1 feLi Wants a CEDAR CHEST! MOM and DADt le your "modern Mli" wiih frooip.ml 1511th of start now eoll.llnA,DWic" 'lovelier thing for her own future home! NOTHING DOWN DELIVERS! on approved credit HERALD AND NEWS, KLAMATH FALLS, OREGON L-w-rt--- f" " ...... 1 t&Z2f SI. !J I and below Fremont Bridge, for 14-year-old Mike Savage who drowned Saturday af ternoon recovered morning. Above, searchers drag the river bottom for the lad's body. Below, Rich ard and Duane Berg, lei and 15 years old, who were swimimng with young Sav age across the river above the bridge when he appar ently tired and started to sink. Richard Berg attempt ed to rescue the victim, but could not bring shore. Special KASRU Meet Tonight A special meeting of the Klam ath Air Search and Rescue Unit has been slated for the Pilot's Club at the airport tonight at 8 with some state civil defense and avia tion officials due to participate. Director Jack Hayes of Oregon's Civil Defense setup Is to keynote the discussions which will be ba.sed primarily around the defense plan in the state, as well as Director Jack Bartlett of the state Board oi Aeronautics who will speak on the Four-State Mutual Aid Pack for air search and rescue operations set up in the Pacific Northwest recent ly. The latter pact developed from Oregon's air search plan which has been accepted almost nationally as the basis for search operations. Other top cogs in defense and aviation wheels to appear here In clude Pete Hill, assistant to the re gional adminlstrater of the CAA: Ralph Scroggins, member of the State Board of Aeronautics; J. It. Roberts, Redmond, chairman of the State Board of Aeronautics: Frtd. Hale, Grants Pass, and Dick Dav is, Medford, active in the state air search program; Greg Talnter, Lakeview. and George Douglas, Stale Board of Aeronautics key officer. Douglas plans to show movies in. color of the Baklnl bomb tests. All persons Interested in civilian defense and aviation are urged to attend the meeting, which Is qpen to the public. , His bodv had not I . v ' . - i YjGPADlATf LANE HintJtfHn' waterfall chtit Al ADVMTISIO w LIFE HAFTER FURNITURE CO. 9th and Klamath Ph. 4878 sNsskstWI.' itti Weather Western Oregon Clear Monday and Tuesday; warmer with highs 75-85 Monday and 80-90 Tuesday, except 70-80 on Immediate coast: low Monday night 45-55. Northerly to northeasterly winds 10-20 m.p.h. olf coast. Eastern Oregon Clear and con tinued warm Monday and Tuesday with highs both days 75-85; low Monday night 42-52. Br The Associated Press 24 hours to 4:30 a.m. Monday: Baiter 73 40 Bend 75 28 Eugene 75 41 Klamath Falls 75 40 La Urande 74 41 Lakeview 76 61 Medford 83 46 Ontario 83 . 52 Pendleton 80 49 Portland Airport 71 47 Roseburg 78 47 Ealem 75 38 Chicago 72 54 Denver , 75 52 Eureka ' 55 49 Los Angeles 68 56 New York 62 56 Red Bluff 87 3 San Francisco 65 46 1.46 . PRACTICE CHANGE Women of the Moose Drum Corps will not practice Tuesday night as scheduled for Memorial Dav parti cipation but will meet Wednesday night, 7:30 p. m. at the Moose Hnll. All old and new members are urged to be present. The corps will march in the parade Friday. GREYHOUND More Travel Extras - 'NolxhaCoitl Yei.ijgfrviluet AfirfThni-Expreii Servia. Wldir choice of routti. Fiittil r buso. World's but driven. Frtt Vc. tion Plinnine Service. ChooM (he UaJir choose Griyhtundt So Frquenf-Stj Thrifty!) Portland $ 5.85 Son Franciieo $ 6,10 Lot Anqelej $10.40 f I Am r. Tm itiri Ms 10X Kit,.. si DiiM.trls mini Agent, J. K. Soyr 904 Klamath Phone 5521 Pioneer Tule Rancher Dies TULELAKE Word ws reclrved today of the deaUi Sunday In a Fresno hospital of Arhtur 1.. Win ter, pioneer Tulelake hoin'ilpoHcr. who drew a farm on the WeM Side In 1922. He was 65 years old and death came after an illness of sev eral weeks. With his wife he left here In 1538 going to the Applegate country In Oregon where he farmed until he rotlred a year ago when the fam ily moved to Fresno. He was a. veteran of World War 'I and a member of Tulclakc Post, jNo. 164, American Legion. Funeral services will be held at "llhe Derge Mortuary, Irvlngton, jCallf., 1 p. m. Wednesday. -. Surviving are his wldow.Mrs. - Leona O. TVlnter. Fresno; one - daughter, Mrs. B. M. Wright, Tule. - lake, who go south for the funer- al; two sons. Stanley L. Win- - I ter. Tacoma. and Daniel L. Winter. Hcrmosa, also four grandchildren ana tnree sisters in Sacramento. AN EASY WAY TO HAVE A PIANO rvra ipi .11 k, nina ritn t;m- MOV. N t lW KIOQlblT rait. Arr "bit lim yarn raa. 11 711 wtiB, cHftftf rram rfsf f r hat ffraamtnl. Tha rani alraatfr pala l all craollttsj ta yaar aarrbata arcaaai and aa at fear daw a ayifiant la aacaa aarr. Tha jnanlblr parmaata raa ba llilia aigaar wan rral. or, IF yaa a ra ta r. f aa caa eantiaua ta raa! Easy to Open COMING JUNE 1ST CRATER LAKE MILK in lha warid'i motr cetivaniant padcagol Cones containers or guaranteed by Good Housekeeping , , , commended by Par n nhv Magazme. fir GtM ran lata itfi Snnlislii 1 Banister Gets High Art Post Hob niuiWor, former ail direc tor m Klamath Kulls iiuhllo schools has horn apiiomird Uirei'lor u' Ail and Cruli iioxrni, U. Ai'iiv, Flllh Area, lor llio stales rust ol llio Itorky Moiinlaliw 11ml Urn infill Army In Kiioiiir. Ho hns acted In a Mipeivisorv art capacity In Hu Porllmid public M'lioois sliuo lo.tV Inn licii' a year nuo. Mo will Mi.nri vl.'.e the cullie ICu rratlonal ediirullon prounun, ifi tliiK i) the phyiili'iil pliinl, will ho responsible lor hlrluii htulfs for hi l emit worltNliops on every army pu.- l di'sinucil for fut inn I rdui'ulloiiiil classes 11 ml lnfurmiil recirntloiml classes for everv abio bodied mint In the srrvtrr. He will also ."iiimr vlMr liitcr-ai'iny shows iiiui rxlubl tlons. The ai l piouiaui rovers all forniH of flue nils and iirnjihlo nils, souIih lure, weaving, criennilo.i, lrnthcr, Salesman Shaken In Car Wreck Wnll WrlNrmliiimrr. Kliuiutlh Falli sjrocpry lalranian, was shnkvii up but not Injured In an bum wreck this moiiiiiin four inllrs below the Mallii-Tulrlako Junction on the Mnlln hluliway. His car at ruck a pickup truck driven by Homer Fields. Merrill. Sttilo Police snld Fields apparently was maklim a turn off the htRliwav at.d swiinu In front rl Welnen- dacacr's car. LEE HENDRICKS "Your Neighborhood Druqqltt" IS NOW OPEN FROM 9 A.M. to 9 P.M. EVERYDAY INCLUDING SUNDAY m and you'll lave money on our Food Club Plan! Ask Ui About if! TffEKEKtmm tO UUP 8 f Wl fA MM A - ft. A 1 r i J lor a.. SAFETY TIRE SALE BUY 3... GGT ANOTHEtl And . . , extra savings U lires. Come In today lime only, SF8CIAL THADMN AUOWANCI ' AND CONVENIENT TERMS BALSIGER MOTOR CO. MONDAY, MAY 2(1, 10,12 plioloirnphv, ilelan, textiles, Jew ell y, ini tiil cnili". en'. , He li Cie first ail In.-.iiu, (or hi Have a prriHiniil prnm uin 4 miii. aoiicd and nuppoi lril l)v llio ). H tlovcrnment and adiiplrd lu loo iirrda of I ho arniril imrcs. Tin nrW puxltlon Inrliidcs IriMl rxiennrs alnn for his Inmlly, llsnuiri. who will leave fur lin new .poiillloii nrxl work in Wajliliiii ton, 1). C, won his position m ilia rrcoid of his ait Ihilruetlnn work wlillr a mriiiuvr of Hie auhook 1 yn Irin lioro. llr was chosen from among a Imiio number ol appli caiils, A-fl'IIMK him will be Hum llnil, Newark. N. J., seliolarnnip slUilrnl, last yrur to llio Klnmnth Ans Win k.-ihiip at Oil. TO BE SOLD! Round-Up Tavern Property 50 foot frontoi an Soulh tlh, 105 ( doap. Propirty Is lisd for I years, which srs 10 aa 521,000. Terms. Sea George F. Hayei 1770 Kane St.. Phone 2-1272 ; j I 1 ' CONVENIENCE You'll Love the FOOD FREEZERS MERIT'S 609 So. 6th FINANCIAL and INSURANCE PROBLEMS Hm 7711 SAVE On Purehaie of Four 6:70x15 Safety Tirei! you need only one or Iwo this offer Is for a limited Main at Esplanade Ph. 3121
