Herald and news. (Klamath Falls, Or.) 1942-current, July 28, 1952, Image 4

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Herald and news., July 28, 1952, Page 4, Image 4

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Newspaper Page TextPAGE FOITK HERALD AND NEWS, KLAMATH FAUS, OREGON MONDAY, JULY 3R, 1BS2 MARKETS and FINANCE : Stocks NEW YORK (fl ' The stock market nude a little proRress Monday over au Irregular route, but at the close It backed down a trifle under lus beit. Volume was around one million shares. ,PrlccM injured from fractions lower to between 1 and 3 points hiRher. Steels were ahead most of the day, but they wavered along an Irregular course at tiie close. The low volume and irregular course of prices indicated that the Wall Street trading fraternity was having difficulty in making up lis collective mind just what to do. New Vork Storks By The Associated Press Admiral Corporation 26 'j Allied Chemical 76 Allis Chalmers- 51 a, American Airlines 13 H American Power & Light 36 American Tel. & Tel. 153 American Tobacco 67 t3 Anaconda Copper- 46 Atchison Railroad ' 8S ! Bethlehem Steel bl Boeinp Airplane Co. ' ' ' 34', Bora- Warner 74 Burroughs Adding Machine ' 17 st California Packing" - . . 26 U Canadian Pacific . 36 U Caterpillar Tractor ' 54 s. Celanese corporation i . 43 Chrysler Corporation ' 78 Cltleg Service -; loa - Consolidated Edison 34 H Consolidated Vultee .18 3, crown fceueroacn ai Curtlss Wright "" -.'' 8a Douglas Aircraft .... 63 !j dupont de Nemours ' . so Eastman Kodak - 4 , Emerson Radio ' 11 3 , General Eleclrio - 63 , j ueneral roods 48 General Motors' . . , 58 a. ueorgi pac. Plywood is v ( Goodyeer Tire- 45 Homestake Mining Co. ' ' International Harvester . - 35 V, : International Paper -." - ' 50 Johns Manvllle ' 77 ; Kennecott Copper '-: 79 ' i Libbv McNeUl . '.- 7 Lockheed Aircraft 1 23 ., ' IXKW s incorporated ri : Long Bell A 36 4i Montgomery Ward .' . 64 - Xash Kelvlnator ' . . , 20 i New York .Central 20 . Northern Pacific 77 ti Pacific American Fish : .'. v 15 .racmc uas at feiectric - Pacific Tel. & Tel. : -111 j ; racsara Motor car a , Penney (J. C Co. 68 Pennsylvania R. R. ; 20 i4 . epsi coia co. 9 1 : Philco Radio -i .'. - 33 H . Radio Corporation ' 26 , Jtayonier incorp ,32 naynuer.'uioorp ria Republic, Steel , , 41 - Reynolds.Weials'.- -- - 53 : Richfield Oil 70 : Safeway Stores Inc.; 32 H ' Scott. Paper Co. '. '. 58 i ; Sears Roebuck Co. : ' 57 BW-UUl'THVUIUIl Ull 40 Standard OIL Calif ' 62 i Standard Oil N. J. 80 i, . 8tulebaker Corp. 37 U : Sunshine Mining" :"' ' Swift U Company 31 - r Transamerica Corp; 26 7, TTnlnn fill rvwnnnm,.. l a 1 wcuiicui emury fox 10 , TJnlon Pacific 117 :i United Airlines 28 3, United Aircraft .33 'i United Corporation' " 5 United States. Plywood TTnltnH Btatb Cfsal . ( . Al Warner Pictures 12 4 Western Union Tel . - -42 Westinghouse Air Brake 26 Westinghouse Electric - : r 40 ti Wool worth Company 44 LIVESTOCK SOUTH SAN FRANCISCO lfl (USDA) Cattle 750; receipts in clude about a dozen loads of steers, a load or two of heifers balance mostly cows. Strong to mostly 50 cents higher n steers... but no early sales of other classes. Pew loads small lots sommercial and good slaughter steers . 28.00 and 31.00. Several lots of medium and good feeder steers 35.00-28.00. Most ly lower on cows. Calves 25. Undertone around steady. Hogs 200.-prlces 50 cents higher nuice no. i ana z outcners lou 240 lbs 25.00. A few 160-180 lb and 250-260 lbs 24.00. Odd head 270-280 lbs 23.00. Choice sows 16.00-17.00. Sheep 6,000. No early trade. POTATOES CHICAGO Wl Potatoes: Ar rivals 201, on track 286; total U. S. shipments Friday 406, Saturday 266, and Sunday 25; supplies mod erate; demand moderate; market about steady for good stock, firm undertone for Reds; Track sales in carlots per 100 lb: California Long Whites $6.00-40; Idaho-Oregon Long Whites $5.00 .Triumphs $6.00-10; Missouri Cobblers $4.50; Nebraska Warbas $6.00: Texas Triumphs $6.00-10; Washington Long Whites $5.85-6.10. GRAINS CHICAGO IA Grains slid lower toward lha close on the board of trade Monday after an early attempt at a rally quickly petered out. The market's chief feature was the lack of commercial demand, although It was expected Austria would buy several cargoes of wheat Tuesday. ThlgOdeas rcduio wheat Tuesday. This discouraged day-to-day traders. Oats held up belter than other cereals In the closing sell-off. Wheat closed 'v'a lower, Sep tember $3.33 H-'j. corn a to 1 cent lower. September $1.78 oats unchanged to l4 lower, Sep tember 81-81 V rye unchanged to 1 cent lower, September $3.08 I, 'i. soybeans 1 , lower to higher. September $3.06 !,pJ 06. and lard 3 to 10 cents a hundred pounds higher, September $l3.0j- ', Wheat Open High Low Close I Sep 3.34 4, 3.34 ' 3.33 S 3.33 S I Dec 2.40 1? 3.40 3.39 (, 3.39 H Mar 3.44 3.44 S 3.44 3.44 May ' 3.44 3.44 4 3.43 ?, 3.43 i PORTLAND Wi Coarse grains, 15-day shipments, bulk, coast de livery: oats no. a. ss-io white. 65.00; Barley, No. 3. 4a-lb B. W., w.uu. . Wheat (bid) to arrive market, basis No. 1 bulk, delivered coast: Soft White 3.35; soft White (exclud ing Hex i, 2.3$; White Club, 3.35. Hard Red Winter: Ordinary 3.39; 10 per cent 2.39; U per cent 2.40; 13 per cent 3.41. Hard White Baaxt; Ordinary. 2.40; 10 per cent 8.41; 11 per cent j.u; u per cent z.4j. . Car receipts: wheat 66: barley 3: flour 11; corn 10; oats t; mill feed 11. Weather Western Oregon sunny ami warm thiougn luesduy. Consider able night an J nun lima log umt low cloudiness along const and isolated allrrnoon thunder show ers in southern mountains. Highs and 90 to 100 lit Ulterior vivllcvs. Lows Monday night (U to 3. Winds off coast northwesterly and 16 to 25 miles an hour, increasing locally to 30 to 36 miles an hour during afternoons. Eastern Oregon Sunny through Tuesday. Isolated atternoou Uiuu dershower.n in mountain arras. Little change in temperature with highs 85 to 92. Lows Monday night 53 to 63. Grains Pass and Vicinity Fair through Tuesday except af ternoon thunderheads over moun tains. High of 99 Tuesday. Low Monday night 0. By The Associated, Presa H hours to 4:19 a.m. alanday .Max. Alin. 1'rrp. LIVESTOCK CHICAGO in Fresh suDDlies of hogs helo last week's targe gains in value Monday and in some oracxets pusneo J cents nigner. Receipts were almost exactly 4n line with actual sales a week ago and a vear ago. Cattle were steady to 35 cents lower and sheep mostly steady. Most butcher " weight hogs brought $21.50 to $24.00 and sows were taken at $17.50 to $21.00. a few- touching $21.25 or better. Clearance was good on the 10,000 head on sale. . -. Most' good to prim steers and vearllnss sold from S28.50 to $34.50 with some getting up to as high as Choice to .low-prime heifers made jaiT5 . to $34.50. Cows brought 22.00 ' and below; bulls (26.00 downward, and veaiers JJ no and under. Sorinsr lambs topped at 129.50 with choice to prime kinds- selling frnm that fieure down - to Choice fed lambs ana yearnng-s were $24.50 while ewes were W.oo and less on good or poorer grades Estimated arrivals aiso mciuaca 14.000 cattle, 4,000 calves, and 1,000 sheep. PORTLAND Wl (USDA) Cattle salable 1560; market un even, steers' active, sieaay-sirong; beef cows-generally. 50-1.00 lower; bulk of increased supply- unsold at noon; canner ana cuuer cvws steadv to 50 lower: bulls strong three lots mostly choice 917-1,066 and 1.100 lb- fed steers 34.50; sev eral lots ceod short fed and grain- i-grass steers iwo-iiou to mi.w 32.50; one lot -good 1325 lb steers 30.00; commercial, steers mosuy 28 JO: utility 23.oo-27.oo: one lot good and choice 800 lb fed belters 33. uu; : lew commercial . ana guuu heifers 27.00-30.00; utility - 21.U0- 26.00: .canner and cutter cows 16.50-18.50t lew 19.0O; uvuity cows 19.00-21 M: commercial zi.uo-anv short load- young cows' 23.00) com mercial bulls 27.50-28.50: few to 29.50; cutter and utility grades 21.00-26.00-. -i'- ' . ' - calves- salable jw: manei ac tive, steady ;;good and choice yeal- ers'and ligm calves 3u.uu-33.uu; oaa prime- 34.00r commercial grades 26.00-38.00; cull and utility 15.00- 2O.00, i . ... , .-. .. . , , , Hoz salable 650: market active. 25-50 cents higher: choice No': 1 and 2 butchers from 180-230 ids 25.00-25.50: few-. 25.7a; oaoice 250- 290 lb 22.50-23.50; cnoice 130-163 10 23.00-24.50; choice 350-550 lb sows 18.50-20.50; lighter weights to 21.00. mostly steady; several lots choice and prime -up' to 115 lb spring lambs 26.00; good and cnoice grade's mostly 25.00-35.50; good feeders 21.00-21.50; good yearlings 17.00-19.00; ; good - slaughter ewes o.vu-9.?uj ncuiis ,oown to a.w. Obituary Ethel LeoU Trottnan. 40. died tt Her home In Merrill July 25. Survivori In clude; The widower. Dr. Frank . Trot man; three om, Robert, Ronald. Roger Trotman; her father, Frank Dawa; and a grandson, Frank Robert Trotman, all of Merrill. She waa 'a member' of Mer rill Presbyterian Church and Malln Chapter of Eastern Star. Ufa S34 CERTIFIED SCALE W E I G H T . 60,000 Pound Capacity . " 20-Ton How Scale License No. 281 '"; DRIVE IN AND WEIGH YOUR : Strop Iron Grain ' Hay Cool Logs Frciqht Beef Sheep Hogs Trucks (for licenses) Friendly, Courteous Service SESSLER, INC. MARKET "Sine 1929" PHONE 4862 This Courtiir Net Iitintd to Local Cempatltert , Baker 90 46 Eugene 92 51 La Grande 92 43 Lakevlew '90 63 .03 Medford 101 62 North Bend 69 Ontario 96 ' fit Pendleton 93 63 ' Portland (Airp) 84 68 Roseburg 91 Salem 91 Boise 9.1 67 Chicago 95 72 .04 Denver 93 64 .13 Eureka 56 49 Los Angeles 80 65 New York 85 73 .07 Red Bind 10S 80 San Francisco 68 64 Seattle 78 61 Spokane S7 60 ., Oregon Gets CAA Money WASHINGTON tPI Tile Civil Aeronautics Administration Mon day announced allocation ofvS313.- 055 In federal funds for construc tion work on lour airports In Ore gon under the federal-aid airport program for me year ending June 30. 1953. The CAA said the local sponsors will contribute 8166,853. This Is Included in the list of 169 airport construction or develop ment projects announced - by Charles F. Home, administrator of civil aeronautics. . ... t The program involves a total of Si.i5.tu5 lor tne natiou ot wucn S9.977.350 is federal funds with local or state project sponsors pro viding matching fundi of 39.078,- 605. . No funds were provided for pew airport construction. All allocations were for the improvement of ex isting facilities. Following are the allocations for the state lor the year ending June 30, 1953. including the type of air port, the federal funds, sponsor's tunas, tne total, ana me proposed work: Medford, Municipal, express: $33,334; $25,366: $57,500; pave ap ron; grade and drain tenhlnal area; surface auto parking area and entrance road; install miscel laneous utilities. Pendleton. Penleton trunk: $11.- 366; $8,909; $20,375; resurface, two runways. ' Portland, International, Inter continental express, $164,106: $128.- 637: $292,733; Install taxiway lights; extend apron. . The Dalies. The Dalles Municipal. trunk; $4,349: $4,051;. $8,400; ipblall field drainage. . :.;,? . MOOSE LEADERS ' CORVALLIS LB Milo Gubrud. Eugene, was elected president of the Moose Lodge ot Qratron .here Sunday. ; . j ; ; vice presidents elected at the group's annual convention were E. C. Goodman. Seaside! Milo Pratt. Corvallls; Robert Rains, Roseburg, ana nogcr wrignt, Kiamatn r ails. Next year's convention- will be held at Portland or Coos Bay. 'ft,: it hi in niKi ni ri i i wifiiiiiiiiinniii i niimi is)ii .. Funeral 111 NKH tuiifral ifrvitf4 (or frank Janiri tvr.h M. who dlrri lino Jul) Ttl, u II It h1il rrit) rattl llvail I'.iuitMi. 'luaiiliiy, P;;u) a.m. Hfi'luion or ( lltil Itmur will ti from D'llali M moilal I'liunul, mil stitd Pin !MitI. 3 tm Miiiiilay. Iitttnittlit In Ml, Cl vary lamtttt), T HOT MAN runvral r-lo for tihtl 1 tola Trttimati wh dltj lit Mtrrllt July JJ will It hld from Mrrill PribwrUii Church. Tuvsday July ;, at I p.m. il'N'li l p.m. danllgM tlm'. th (lor MUn ofUcUtlnf, Intarnionl Itt KUtui Memorial Park, O'Halr'a Ma uiotlal Chap) itt r liar a. BAM.OON PORTLAND 111 A ballooil drtltrd over the northern edwe of INirlUnd Monday itud the pollct (plrphonc switchboard had flood of phone mil. It na wemher balloon, officials said. On The Record HI R T II a ' KANIMIA Unni lo Mr t1 Mm I.tinnoit KniiiIi. Mo 'JW, Mii i III !'-. i Klmniili Valky Id'.pit-I July ill, IVXJ. a hi-y Wrlilil; 0 miuiiiU 111 ouiu'. VANtiKitiioir - itum in Mr. ttoti Mr, Hon V'dirhoK. Iinki Alantlalr, at KluiHlh Vallvy llntMlal July Uti. l5I, a On). Wvlrlilt ft potiiuli i titinov JAMrH Morn Itt Mr. . M. Law ritr Jitti, Hon A. Krii'i, tilt . Ml Kin in 111 Valley lltplUI July Ul IU3J, a Inn Vfthi; 1 y tui i ij : ouiu', ODOM lift it lo Mr. and Mm. J. 11 Otlon, IHJ.1 .4fhltilin. at KlaittNtti Val lay Htpiial July JT. itiAil. a buy. Waighl t imhiiuU II oilltt'aa OIMAN Hmii to Mr. and Mm fo. Kit an Uiinai. Mairlll. Ore, at Klamallt V-flrv lloapllal July 21. IttM, a boy, Wflfhl' T putintU ll nuiirtx, BlKt.1 lltirit tit Mr. aiitj Mil. rrank Hika. Auburn, al KUmallt Vl- lay Ho.piUl July IT, in.Vi a u Wdaltl' a pounifa tuiucat. HOOK ft - Horn lit Mr. and Mri Itnnaltl II look. ;UU Prcul. at Klaut alh V.llrv npital July IT. 103J. boy. Wrliht: f pouiitli S ouitrvi, kMITII llottt lu Mr. and Mr.. Wal- tar Hmllli, lion Hi-A. Unttaitfa. (Jra , til KIniiimIIi Vallfy Ibnpllal July ilT. rnj, i H, viiiti; Hutitji in- ( at'UAY -Mi ni W Mr, land Mn A ti Midtv Mi Ka. Hits 41T Njitl. l am 3 m( i.l4iittih VnlUy ll.iapual July at, lli.tj, 4 a I UpIII: uuuittJa II nuni'ti. IIAWKlNrV n.ini in Mr, and Ma. KfOttrlh I'. kin. 3401 llnmadala, at Klainalli Val'ay llvtollal July J.i, iu.vi, a btty, Wli t pnuuda ft tiiK'tat ' MAttlllAIti: l.lcrNaK MIH.l.rN l.ANlilKlN. .ln)t ,andi Mullaii. U, mill wurUar. Natlva of MyuMt Driktila, raaltl'Ml 'f Klamatli rail. Mililtv Mailt l.anitlort. la. aiudanl. N Ih tif Ailiona laildant of KlamaiH rail. Check and Align Front End $4.95 Dugan & Mest TANKS TAKE OVER An Egyptian Army tank leadt e column of tanks through the streets of Cairo following leisure of the city and ouster of Premier Neguin El Hihaly Peihe. The troops moved into the city at dawn end took over. They also took control of Alexandria, the summer capital where Kiqg Farouk nd Government leaders are staying. MINH'IPAI, TOIKT v CTmter MaUckt. drunk, rint, t5 or Vt da. ' Al Klron. drunk, flna, sis or T' dayi. Jo Powell, drunk. Fine, tS or t'i days. Frank Un Hoover, drunk. Flnt, $15 or r d- Orvtllt Davli, drunk. Tina, SIS or T'i da. Spike Harral, drunk. Flnt. 113 or 7 1 dac .Antonio rluerU. drunk. Fine, $13 or Va day. Luis Medina, drunk. Fine, 113 or T'a da.va. Amindo Lopex. drunk. Fine, $13 or ?l days. ' Bcnnie Archultta. drunk and die orderly. Fine fU or 12t dayi. Truman Mike, dltorderly conduct Fine, .$13 or 7l day. Jay Duffy, drunk. Flnt. $13 or 7l' day. Fiord Wilson, drunk. Fine. $13 or 7.b days. Mack .Gecrfa drunk. Fine, $13 ot ?j days. William - Mason, drunk. Fine, $13 or 7' days. Marvin Thompson, drunk. Fine, $13 or 7W days. Rmsell Armstead. drunk. Fine, $13 or T'a aas. NlraOo Truilllo. drunk. Fine. SIS or 7' dy, ManuacI Ortega, drunk. Fine. SIS or Tbidusi Andrew Billy Jr., orunK. rint, 13 or 7' days. Benjamin Huant ran atop algn. For feit U ball. Talbert Oxburn. drunk. Fin. SIS or 7, days. r Leander Wilson, drunk. Fine. $13 or TV, days. . Carl Johnson, drunk. Fine. $13 or 71i days. Verne Fleet, violation basic rule. For feit $10 bail. Verne Fleet, lmnrooer muffler. For. felt S3 bail. Armando Looex. drunk. Fine. S13 or V a da. Vernle Hood, drunk. Fine. SIS or 7', days. Vernle Hood drunk. Flnt. $13 or 7'., days.. . . Victor Carmona. drunk. Fine. SIS or Paul Harris, drunk. Fine. SIS or 7S d- 'Blvmofltl Pontoey. drunk. Fine. SIS or 7'n -days.' Royde Chock toot, drunk. Fine, $13 or days. Clarence Clinton, drunk. Forfeit SIS ball. Jav Duffy, drunk. Fina. SIS or I'm days. Charles Hood Sr., drunk. Flnt $13 or 7' j days. tjeve Hecocta, druna. rint, ais or 7' days. Llndtfr Fomoey. drunk. Fine. SIS or 7'. day. , DiHTRicrr roiiT Jusrlno Vasoues Irtmoa. drunk driv-1 Inr. Sentence. 40 days. Earl Edward Dalley, no muffler. For- i felt &5 bail. I Jtutlno Vaaquer Ramos, drlvlnf dur-1 Ins suspended period. Sentence, 10 1 aaysi Vsilliam Milton Adams. Imorooer ve hicle licens. Forfeit H ball. I Russell White, drunk. Sentence S days, I joMoh Richard McKlnnev. vasrrancv. Sentence, 13 days. I Italy Claims H-Bomb Blast ROME in The new-tpaiwr Guriiiilo D'luiliu saul Monrluy an Itnlinn .sck'nUsl litis CNiilodcd Italy's first hydroKcn bomb. The luillun Di'lcnNO Muiitry an nounccd 11 would IsMie a commu nique on the explosion Monday nlsht. The Inlhicnthil pro Rovernment new.spiiier Mud the bomb ns built by scientist Ubuldo Lose hi, a pupil of the noted physicist En rico Fermi aij a fellow itudent of Prof. Bruno Pontrcorvo. Italian born British scientist believed lo have fled beyond Uie Iron Curtain. "A ureal flume rose m the air from a point which some 30 men. In a well - protected ami . nircrnft shelter, watched with painiul In tenseness," said the newspaper account. "A red irlare with a preen crown on top was followed by the tre mendous roar of the expiation: Italy had exploded Us first nuclear bomb.' ITALY TOP FILM-MAKER ROME i.-Pl Italian film producers are busy keeping Italy In the No. 1 spot as the most active film-producing country In Europe. The latest survey shows 35 films either In production or belnq edited. Pro duction schedules for next month call for another 10 films to go Do fore the cameras. EXCHANGE SEAT EXPENSIVE NEW YORK I'rV-Tho price for a eat on the Toronto Stock Ex change, which has only n few mora than 100 memberships compared to 1.37 for. the New York Slock Ex change, recently went to SIS, MO hlRhest since ID?!. The most recent New York Stock Exchange seal transfer was for S44.0CO. Wonderful Belief for ITCHIIISSKin! To promptly sooth in tense itching; of rathe, eczema, psorinsia, athlett'a foot and similar surface akin and acalp Irritations;, apply Zemo high ly medicated stain less antiseptic. Zemo atopi scratching; and so helps heal and dear the irritated akin. Buy tixtnx 0trngth cmo lor stubborn cases. ZEM0:& WHAT IS ' What are its ultimate aims? Does it affect YOU? Our youth? Our minority groups? Our Unions? Our Churches? These and other questions will be answered by nationally recognized speakers . . . some from within the communist Party. at the AMERICAN LEGION MB N ACt TUESDAY JULY 29 8:00 P.M. KUHS AUDITORIUM Public Invited No Collection FREE! JOIN THE CRUSADE FOR FREEDOM Hfthose squeaks? lime you got complete lubrication D&t&ti oil Car-Saver service to slop expensive wear Squeaks' itoay be a warning of needs more serious than chassis lubrication. Perhaps other things have been neglected, to.. Automatic transmissions; for instance, should bo checked every 1000 miles, drained at ' recommended intervals. For wheel bearines. oil filters, air cleaners retrular attention ' vital! r.r-Snv.r. check everything ... so we can warh'you of trouble before it happens. Don't let h.mplp.l. service cause you ' : fcostly repairs. Better see your Car-Saver soon for service that's complete! We take better care ot your car I fa 1 nil MxA ' AM 1 ( W vg I