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
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61 H
411
III
61
30
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36 V
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63 Vi
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13 V,
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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