PAGE 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