Herald and news. (Klamath Falls, Or.) 1942-current, May 26, 1952, Page 4, Image 4

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    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