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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (July 1, 1952)
TUESDAY, JULY 1, 1PB2 HERALD AND NEWS. KLAMATH FALLS, OREGON PAGE THREE MARKETS and FINANCE Stock; r tnw vniiK M - The stock market made Its fifth straight ad vance Tuesday to reach Its fifth etrslght new high for 1062, The lorward movement wss brand with trading active. Home ol the bent gains were shaved down a little Just before the clone, Ualna amounted lo neutrons to between 1 end 1 polnu, Losses were Iieollnnal. Volume came to an estimated million end a hull shares, around the beet levels In a month. By The Asanelalad Fren Admiral Corporation 38 Allied gnunnni Allli Chalmers Amerlctit Airlines Anierlcen Power Light Anierlcen Tel. Tel. American Tobacco Anaconda Cornier AlclilHon llullioud Bethlehem Bleel. Hoeing Airplane Co. Borg Werner BurroURlu Adding Machine California Packing Canadian reclflo Caterpillar Tractor Celanoae Corporation Ohrveler Corporation Cltlee Service Consolidated Consolidated Vul'.ee Crown Zellerbaeh Curtlss Wrluht Douglas Aircraft dupont de Nemours . Eastman Kodak Kmeraon Radio General Electric General Food Oeneral Motora Georgia Fac Plywood Ooodvear Tire Homeslaka Mining Co. , International Harvester International Paper Johns Manvllle Kennecoli Copper Llbbv, McNeill Lockheed Aircraft Lowew's Incorporated Long Bell A Montgomery Ward Naah Kelvlnator New Vork Central 16 VI ti M 37 1M 61 H 411 III 61 30 11 n v, 36 V 36 63 Vi 41 'A It 'A loi v. 34 ft l 64 V. J4 04 V, 87 ' 44 11 ear. 46 H 6M 19 46 SI 83 46 7(1 V, 19 V IS 34 . 13 V, 37 t4 84 It w 30 II 34 110 6 70 30 4 10 Va 33 fa 30 K 43 67 71 31 63 64 64 0 83 37 V, 10 81 36 16 4 43 J', 114 37 13 W'i 40 4 13 !? 39 'i 38 iiv. 44 & Northern Pacific Pacific American Flan Pacific Oas Electrlo Pacific Tel. Tel. raraaro Moiar Pennev (J.O.) Co. Pennsylvania R.R. I'eosl Coin Co. 1 Phi loo Radio Radio Corporation Rayonlrr Incorn Ravonler tncorp Pfd Republic Steel Reynolds Metals Richfield Oil Bafewev Stores Inc Scott Paper Co. Bears Roebuck si Co. Bocony-Vacuum Oil Southern Pacific Standard Oil Calif Standard Oil N.J, Studebaker Corp. Sunshine Mining Swift si Company Tranasmerlcs Corp Twentieth Century Pen . Union Oil Company Union Pacific United Alrllnea United Aircraft United Corporation United Stale Plywood United Btatea Steel Warner Pictures Western 'Union Tel Weatlnghouse Air Brake Weatlnihouse Electric Woolworth Company . Weather By The Associated Press 34 bears te 4:38 a.m. Tueeday Max. Min. Prep. Baker , ' 70 45 .16 EiiKCn : 74 60 La Grande 70 ' 48 .08 Lskevlew . 70 46 Medford 78 48 North Bend 65 50 Ontario 75 64 T Pendleton 14 64 .Hi Portland Airport 87 54 T Rnseburn ! -76 55 - Salem 73 54 Boise 14 I 48 Chicago , 18 88 Denver 83 ' 85 .01 Eureka 80 54 Los AnRCles 11 58 New York II 63 Red Bluff 86 -80 Bnn Pranclaco 60 48 Seattle 87 61 Spokane 68 47 .01 Western Oregon Fair through Wednesday except along the coast Wednesday. Warmer Interior. Low Tuesday night 45-55. High Wednes day 75-80. Northwesterly to north erly winds of 15-36" miles an hour off the coast, except 36 miles an hour southern coast Wednesday afternoon. Eaatern Oregon Fair throuuh Wednesday, but some scattered af ternoon showers over mountains. Low Tuesday night 45-68, High Wednesday 75-85. Klamath Falls and Vicinity Fair through Wednesdsy, Low Tuesday night 45. High Wednesdny 10. Grants Pass and Vicinity Fair through Wednesday with brief ' morning cloudiness. Low Tuesdny night 60. High Wednesday 7., Sweetland To Speak Here Monroe Bwcetland, Portland, Democratic National committee man for' Oregon and delegate to the national convention will be guest speaker at the Democratto dinner, 1 Wednesday evening in the Wlllard Motel, , " Blanche Petroff, newly, elected B resident of the club stated today tat reservations for the dinner . are coming In rapidly. Les Gardner and his cowboy band will furnish the musto for the pro gram to be built around the Round up theme. Hslps Hsel Jlnd Clezr Itchy Sldn flash! First applications ef highly madlcatad Kerne protis it promptly rallavea Itch ing, hurnlnff of aetama. raihai. ath. Ift a foot, paorlaala and similar aur face akin and scalp Irritations. Zeme stops scratching and as slds hssllng. Than aes how quickly skin stsrts to eiaar. uuy jvfljers Strtnptk Zamo for ZEM0 stubDorn cartel, GRAINS ruin Ann im . Exnoit demand and aoinn new Hour business punlied prices upward Tuesday on Mr uouru ol iraue. Norwav and Holland took cnrun each of wheal, and trade sourora eallinntcd the flour bual. nena at a million and a half sacks of flwir. Austria took four csriioes oi corn, and the buvliia by representative of export houses toucnea an snori cnverlnir. Ouii followed the lesd of corn with deferred contracts making me best sliowlnK. At thn close wheat Was 1 ' to 3 hitch" thun the previous iininn, jury sari n-;a. ""n to 1 higher, July 1.83 '.-8i Outa were Mi to 3 V4 higher, Jul 78 Vr'h. Ry was s lo 1 higher July 13.13 j. Hoybcaiis were . lower to 1 V higher, July 13.35 and Inrd was 3 cents a hundred pounda higher to I cents lower, July 111.65-00. WHKAT Open High Low Clone Jly Sep Deo Mar May 3.38 3.31 1. 3.36 3.37 3.30 , 3.31 3.30 V, 3.31 130 V, 3.40 V, 3.38 Vi 3.40 3,38 3.40 ia 3.38 3.40 3.38 a 30 3.38 V, 3.3V PORTLAND I Coarse grains unquoted. Whest (bid) lo arrive market, basis No. 1 bulk, delivered coast: Soil While 3.34: Bolt White (ex cluding Rex) 3.34; While Club 3 34. Hard Red Winter: Ordinary 3.34: 10 per cent 3.34: 11 per cent 3.36; 13 per cent 3.36. Hard White Baart: Ordinary 2 37; 10 per cent 3.37; 11 per cent 3.38; 12 per cent 3.38. Car receipts; wheat 18; barley 1; flour ft! corn 6: oata 8; mill feed 12. LIVESTOCK PORTLAND W CUBDA) Cattle: salable 150: only moder ately active; cows sround 50 cents more, making decline for two dsys 1.00-60: other classes sesree, weak to 50 cents lower; few commercial nteers 28 00 - 30.00: utility 33.00 31.00: few utility-commercial hell era 34.00 - 30.00. some on cutter order down to 18.00: caimer-cutler cowa 14.00 - 17.00: lew utility 17 50 18.00; cutter utility bulla 33.00 30.50. odd common-stacker steers 23.00. Calves: salable 60; vealcrs un evenly weak to 1.00 lower for two days; commercial good 36.00 31 00; odd head choice 33.50; few common stock calves 36.00. Hogs: salable 250; butcher hogs, sows largely slesdy with Mondsy's upturn: bulk good-choice No. 1 snd 2 butchers 180-230 lbs 33.00-25: few choice No. Is 33.50; hesvler, light er weights 30.50 32.00: choice 350 500 lb sows 16.50 - 18.00; few under 30U ibs 18 60 18.00; sizable lots lightweight weancr pigs 22.00. Sheep: salable 600: spring alsughter lambs fully ateady with Monday average; good prime apriiiKers 34.00 50: few prime 35.00; Utility good 23.00-50: few good choice No. 3 pell shorn yearlings 16.00: utility down to 12.00: utility choice ewes 4 00 6.50; most lots new crop feeding Ismbs 31.00. CHICAOO 1 A 10 per eenl boost In hog supplies overnight wss enough to give the market a weak to 50 cents lower price struc ture Tuesday, Cattle were mostly ateady lo 60 cents lower, and sheep stesdy to strong. Most butcher hogs sold from 118.35 to 531.50 In a moderately active movement. A top of $21.76 was paid regularly. Bows look $16 00 to $18.50. Good to prime steers and year lings were worth $28.50 to $36.00 and good to prime heifers and mixed yearlings $29.50 to $35.00. Cows topped at $32.50. Choice and prime spring lambs rsnged from $28.00 lo $28.75 while ewes were $8.00 downwsrd. SOUTH SAN FRANCISCO ( (USD A 1 Cattle: 75 slow. and weak, early sales limited mostly lo few csnncr-culler cows at 14.00 16.25, odd head utility commcrclnl young beef lype cows 30.00 33.00, Monday steers and heifers weak, cows weak to 50 cents lower, de cline largely on dairy type eanner cutlers, bulls 50 cento lower. r-nlvea- 10. an enrlv aslcs. Mon day small supply commercial slaughter calves 35.00, odd head good up to 30.00. Hubs: 400. steady. 180-340 lb butchers 33.50, small lot 350-360 lh 21.50. choice sows over 400 lb 16.00 16.00, Monday good-choice 40 lb feeder pigs 31.00, 70 lb 36.00, some 107 lb 34.00. Sheep 500, no early sales, Mon day spring lambs fairly active and 35-50 cents higher, mostly good choice closely sorted wooled spring lambs 26.25-36.75. few 100 lb at 37.00, various Iota good-choice shorn spring lambs No. 2 pells 25.50. Charlene Fund Nets $60 A benefit program at the Mor mon Church Monday night raised $00 which has been turned over to a fund being raised to defray medi cal expenses for 14-month-old Char lene Rndsplnner. The child Is in a San Francisco Hospitnl. Her trouble has been diagnosed as cirrhosis of the liver, and she Is not given much chsnce to live. She Is the daughter of Mr. and Mrs. Hugh Radsplnner of Klamath Falls. The nrnurnm was gotten together and directed by Edna Howell of the Normndean Dnnce Studio, and the church donated use of Its rec reation hall. Pupils of Doris tfrea erlcks, Edna Howall and many oth era took part. . Attention Fanners: Now Is the time to order your hall Insurance on your crops. Hsns Norland In surance, 621 Pine Ht. BOBCO PAYING INC. ' Phont 8789 or Jovhowk Prrolum at 6788 DRIVEWAYS PAVED or RESURFACED With Aipholr Black Top F.H.A. TERMS FREE ESTIMATES GLADLY Army Unveils Powerful Tank Hy KM ON C. PAV NEWAItK, Del. W Tile Army unveiled Turaduy what It called tin; first coniplniely new medium tunk to be developed since World Win II atrrnmllnrd, more powcrlul, and almost an easy to handle as s new automobile. Deslk-nnlrd the M-48. or "Paltnn 48," It Is belnic produced at the Chrysler tank plant here and ut two other arsenals. Officials said slieable deliveries ure expected before the end of the year. The tank, In the 46 to 60 Inn clans, has several notsble new leatures: 1. A lower iillhcuetle than any ither American lan ui c rresiond- Conally Calls Pacts Unique WASHINGTON Wl Sen. Con nslly (D-Texi ssld Tucsdsy the pacts setting up a new common European army Including Western Germany are without parallel In history. The veteran Foreign Relations Committee chairman mude the statement ss the Senate celled for opening debate on ratification of two of the agreement. They would end the occupation of Western Oermany and tie that re public Into the defensive military force of the free world. Connelly p'fdlcted Senate ap proval without much trouble. A two-thirds vole la renulred. Core of the network of pacts signed last month In Bonn ana Paris Is the one establishing a European Defense Community EDC) Army with contingents from Frsnce, Italy, Belgium, The Netherlands, Luxembourg and Western Germany. "The six nations who have signed this treaty," Connolly ssld. "have been at each other's throats throughout much of their history: yet now. in an atmosphere of co operation and cordiality, they sur render control over their armed forces to s supranational body. "They have voluntarily given up Ihelr sovereignty over the most senaivlle portion of any country's national life. "If there la any comprable event In history. I cannot recall It." The Senate Is not called upon to ratify the EDC pact. But one of the agreementa It must approve is a protocol to extend the security guarantees of the North Atlsntlc Psct to the EDC and thus to West ern Oermany. The other up for a vote the so called peace contract between this country. Britain. France and West ern Germany woi'ld end the occu pstlon snd set up the bssls for the German Republlo to work with the West. Gunshot Hurts Boy DUNSMUIR (Special A freak gun accident two miles south of Dunamuir on the Old Johnson Ranch Monday morning sent a 13- ?5V ?J..,r?. rlVJ u, nave uu.. r....uvcu ..om Weed Hospital Officials said to - day Uie condition of Richard Win- slon Thomsa was "settsf aclory ." The boy was hit with a nolle from a .22 rifle shot by Iris Mot. ley, 15. The girl, was practicing target shooting on Uie ranch of hci parents. A shot 0 lanced off a rock and hit young Thomas, fishing 35 feet away. It entered his left aide and was stopped by his hip bone. Thomas Is the son of Mrs. Mary P. Thomas, Earllmart, Calif., near Fresno, visiting tne Mobleys. HeatWave In Europe LONDON Wl Europe got an other dose of hot weather Tues day. British Judges doffed their tra ditional white wigs. This wss ar speclsl concession to the 90 degree heat from the Lord Chief Justice. Forest fires levelled 4,000 acres In Southwestern France and spor adic outbreaks occurred In Bel glum. The scorching sun brought out the annual crop of channel swim mers, most of them going Into training on the English side. But Just for variation a 12-year-old Frenchman crossed this morn ing In rowboat. then turned around and rowed back. As a Businessman I like the BILTM0RE because... LIKE CONVENIENCE If'l right downtown, near all my cll.nti and financial c.nl.ri, AND I LIKE SERVICE I day laundry wrvlc Stenographic i.rvlc. M.n'i club and plunge. REASONABLE PRICES 1500 ROOMS WITH ATH FOUR DINING ROOMS FOUR COCKtAIL L0UNQES Ham af laa WOMD FAMOUS BILTMORE BOWL I a n MLlS lug sue. Present U.S. tanks have been criticized because Ihelr height made them eusily spotted. 2. An eug-nhaned. sloping ellip tical hull snd turret. Tills makes It harder lor an enemy shell to get a "Dite" into the armor. 3. Wider treads than present medium tanks. The wider the tread, the better the tank csn op erate on muddy roads, In swampy tcrraine or in snow. 4. A 00-mllllmetor, high velocity gun with a quick change lube. using only simple tools, the liner of the gun barrel can be changed In the fit-Id In minutes Instead 01 semilog the tank back to rear areas for replacement of a whole new gun when repealed firing has worn the rilling of the tube. 5. A 60-cnllDcr maenme gun on top of the turret which can be aimed, fired and loaded from with in the tank. No longer does the gunner have- to stand with bead and shoulders exposed to enemy fire. The tank Is named lor tne iai Oen. George S. Patton, famous World War II commander ana a leading exponent of armor. His widow was invited to christen the new tank In ceremonies presided over by Secretory of the ' Army Frank Pace. An earlier model medium tans also hud been named lor the geiv err.l. It Is culled simply the "Pal ton." The piitton 48 will use a four man crew, one less than present medium tanks a tank commander, driver, gunner and loader. RR Ticket Base of Tip 8EATTLE 1 A Seattle at torney disclosed Monday that his purchase of a Baltimore train ticket for Far Eastern expert Owen Latllmore a year ago led to a false report that Lattlmore planned a trip to Russia. Ocorge Kahin made the state ment to reporters following the ar raignment In federal court of Harry Jarvlnen, Scuttle travel agency amangcr, on charges of lurntsh ine false Information to the Cen tral Intelligence Agency and the FBI. Jarvinen pleaded Innocent to both charges. Kahin ssld he purchssed the tick ets for Lattlmore, Johns Hopkins University Far Eastern affairs specialist, after Lattlmore was stranded here by an airline pilot's strike. Jarvlnen was Indicted by a fed eral grand Jury Friday after Investi gation proved his "Up" to a C.I.A. sgent that Latllmore planned a trip behind the Iron Curtain to be false. Jarvlnen s "Up" led to a state department order denying Lattl more the right to leave the coun try. Lattlmore protested he had no such plans. Alter the Indictment was returned against Jarvinen, the state department apologized to Lattlmore. Jarvlnen will prob ably go on trial In September, the court Indicated. Meade Heads Pharmacists Pete Meade, of the Castleberry ( Dru slore hcre. Is the new pres- ilde"1 ' . " Sl"0?on8tMe Ph"" ' 22 fi .,' . ne.rh.rt en ?'!,d ' ."n"r! meeting Monaajt. accoraina to ssoemted Press dispatch. NOW SHOWING TONIGHT AND ALL THIS WEEK Auspices Klamath Basin Rodeo Association CARNIVAL and CIRCUS ACTS Klamath Falls Division St. Circus Grounds 10 BIG SIDE SHOWS 15 BIG Up-to-Dati RIDES See Performing Elephants, Camels and Ponies FREE ACTS ii Follow the Twin Searchlights to the Big Show! Manager Testifies (Continued from Paie One.) plant on Pit River, to help out In expected shortage In this area next winter. Copco will have to build a line from tiackamore over to tho Pit River plant. Interconnections presently with PGfcE snd Bonneville don't fur nish firm power, Boyle said, and the planned connection with Bon neville here after the Bonneville line reaches Klamath Falls also won't furnish firm power. In his testimony Monday after. noon, Boyle said the company s plans would In no way Jeopardize snd "municipal" uses of water presumably meaning Irrigation would not be harmful to wildlife, and that the company la agreeable lo Install such fish ways and fish screens as the Stale of Oregon and U. 8. Fish and Wildlife Service deem advisable. The company, he said, also Is prepared to compensate the slate lor loss 01 Its Bpencer ureek trout spawning grounds and lo move the egg taking station, which might be inunaaieu. larlner upstream 01 Spencer Creek. NO LICENSES One phase of the bearings re 2 Cars Damaged In Auto Crash Virginia Elizabeth Shlpler. 19. of 3307 Hilyard, posted $30 bail for an appearance In Municipal Court following an auto accident at 4th and Main Monday afternoon. Her 1048 Studebaker sedan strucl a 1942 Chevrolet sedan operated by Earl O. Milllgan, 34, in the Intersection. Both cars were dam aged. (m) - ROEBUCK AND toy (J AH your favorite styles in our ; complete colorful assortment.! Slim, tapered legs I Deep roomy pockets! Sturdy, sanforized ' , fabrics! Flag-cright colors! 10 to 20 a&tfzdfaputKaatidop peat Matty tact XS& gards an FPO order to Copco to show cause why the. power com pany shouldn't apply for licenses to operste its present iwpco no. 1 ana uopco no. 2 asms on tne Klamath river In California, and although the dams have been in operation tor quarter 01 a century or more and the navigability of the river Is an issue. To prove that the Klamath la a navigable stream, the government Monday afternoon provided the most entertaining testimony yet heard. FPO ataff attorney Joseph B. Hobbs called as witnesses sev eral persons from Klamath and Requa, Cam., at tne mourn 01 tne river, Including Jack McKellar, 29, whose Job Is patroling the river boat up to Its confluence with the Trinity. McKellar won the boat race from the US 99 crossing, below Yreka, to Klamath (176 miles) In 1950, and last year rode a boat down the Grand Canyon of the Colorado. His testimony was that the river Free Yourself from laxative slavery Try this delightful family break fast treat I Eat a generous bowlful (about 'A cup) of crisp, toasty Kellogg'i all-shah with sugar and cretin. Drink plenty of liquids. all-bran Is the natural laxative cereal that may help you back to youthful regularity, lost because of lack of bulk in your diet. It's the only type ready-to-eat cereal that supplies all the bulk you may need. High in cereal protein, rich in Iron, provides essential B and D vitamins. Not habit forming. Why don't you try it? Kellogg's 1s so sure you 11 like all-sbah that if you're not com pletely latufled after 10 days, send empty carton to Kellogg's, Battle Creek, Mich., and get SODS LI TOPI MONEY lACXl . InWlllfca lCs that distance la navigable to boats of certain size without too much danger, and also that the lower portion of the stream la used swsdiiy lor log rafting. RUN PLANNED Lawrence Myers. 47, also a Klamath boatman and originator of the Yreka to Klamath race, said that next summer he la going to try a run all the way down the river from Klamath Falls. Other testimony as to the navi gability of the. stream was offered by Vernon Lee Myers, 23, 01 Klam ath, who won the 1951 boat race: J. Warren Hornsby, Requa motel owner: and E. Larrv Myers. Klam ath boatman. All also testified that the water In the lower part of the Jwitth to Vane for whHrr, brighter nylon, silk, cotton, linen, wool .r ether coler-fast washable. Yours at last I All-round, all purpose Von Powdered Siaotti ... completely safe, magically efficient. No Odor. No Meny Botsles. No Danger. With Vino you bleach i you wash. Dingy lingerie comes sparkling fresh, grimy towels come clean, clean, dean. Yes, anything you can wash you can Vano bleach . . . Van Pewdered llaath is easy to store, easy to pour. sears is headquarters 1. -denim . -J sailcloth ' i ' ." linen-like ravon Store 133 stream fluctuates from day to day because of Copco'a acUvltlei at II dam upstream, Bobby-Soxcr Shows Mothr Doosn't : Always Know Best A teen-aged girl proved ncentTtf that even Mothers can. be wrung. Over her Mother's strenuous objec tions, Miss R. used Vano Powdered Bleach on a green print dress. Results showed Miss R. wss com pletely right when she said Vano was ssfe, effective. The dress waa dingy. After Vano the colon ' eiean, origrrc and fresh. POWDERED BLEACH AT YOUR GROCERS trans fiiiLv. aail aacnv I uCr4 Hours: 9 A.M. to 1:30 P.M. So. 8th Phone 5181 v
