PAGE FOUR
IIKRALD AND NEWS. KLAMATH FALLS, OREGON
WRDNKSDAY. JULY 30, 1952
MARKETS and FINANCE
Stocks
GRAINS
NEW YORK 1 Th stock
market advanced to Ita second
mralRhl new high for 1962 Wednes
day with buying focused on a lew
major divisions. The advance
gained additional strength at the
close.
Selected railroads were well
ahead and good support was given
to the advance by siecla and mo
tors. Gains were mostly fractional
with issues on the outside of the
range adding from I to around 3
points.
Volume came to an estimated
1,200,000 shares.
New York Stock
By The Associated Tress
Admiral Corporation 2S j
Allied Chemical Tl
Allls Chalmers 6'J ,
American Airlines 13 3,
American Power & Light 38
American Tel. & Tel. 154
American Tobacco 67 H
American Copper 4S
Atchison Railroad 89
Bethlehem Steel bl s
Boeing Airplane Co 36
Borg Warner 76
Burroughs Adding Machine 17 S
California Packing '-'6 ,
Canadian Pacific 36
Caterpillar Tractor 53
Celane.se Corporation 41 ,
Chrysler Corporatin 78 'j
Cities Service 103 ,
Consolidated Edisan 34
Consolidated Vultes 18 J6
Crown Zellerbach 67 i
Curtis Wright S H
Douglas Aircraft 63
duPont de Nemours 90
Eastman Kodak 46
Emerson Radio 11
General Electric 63 t
General Foods 48 ,
General Motors 5? ' j
Georgia Pac Plywood 18 i
Ooodyear Tire 45 ,
Homestake Mining Co. 36 -
International Harvester 36 i
International Paper 60 tt
Johns Manville - . T7 J.
Kennecott Copper . 81
Libby .McNeill 7 i
Lockheed Aircraft 23 ?s
Loew's Incorporated - 12 a
Long Bell A 36
Montgomery Ward . 4 i
Nash Kelvinator " 20.
New York Central . . 20 'u
Northern Pacific - 71 ?a
Pacific American Fish
Pacific Gas tt Electric 34 "i
Pacific Tel. & Tel.
Packard Motor Car S a
Penney J. C.) Co. 68 i
Pennsylvania R. R. 20
Pepsi Cola Co. f't
Fhilco Radio 32 .-
Radio Corporation 26 J,
Rayonier Incorp 33 i
Rayonier Tncorp Pfd 35
Republic Steel 42
Reynolds Mends 53
Richfield OU 71 ,
Safeway Stores Inc. 32
Scott Paper Co. 53 4
Sears Roebuck & Co. 57 4
Socony-Vacuum Oil 38 V,
Southern Pacific 83
Standard Oil Calif 63
Standard Oil N. J. 80 .
Btudebaker Corp. 38 'i
6unshine Mining ' 9 a
Swift & Company 31
Transamerica Corp. 27 ,
Twentieth Century Fox 19 ,
Union Oil Company 41 ,
Union Pacific 118
United Airlines 2gx.
United- Aircraft '" 33 Vt
United Corporation 5
United States Plywood 38 j
United States Bteel . 41
Warner Pictures ' 12
Western Union Tel 4 '
Westinghouse Air Brake 25
Westinghouse Electric . 40 34
Woolworth Company 43
CHICAGO I Buying entered
corn on the board of nado Wednes
day as news of drought damage
in many sections, particularly tiio
southeast, continued to pile up.
The upturn was stow in Rolling
started, but toward the finish there
was no doubt about the fact thai
the trend was upward,
disaster area by the Agriculture
Tennessee was dcclnred a
Department because of the
drought.
Sections of Georgia. Alabama
and Mississippi are expected to
be designated drought areas.
Up at the otlier end of the na
tion, Massachusetts asked to be
declared a disaster area.
When an area Is designated a
disaster area, the government can
make loans to farmers to enable
them to buy hay and other feeds.
Wheal closed aa- higher. Sep
tember 52 33 V-i, corn 1
higher. September SI. 80 - 1.79
oats m- higher. September 81
80 rye j lower to higher,
September $2.06 J. soybeans 1 '4
to 1 cents higher. September M.us
lard 13 to 15 cents a hundred
pounds lower, September til. go.
i WHEAT - .
1 Open High Low Close
; Sep 2.33 2.34 3.33 2.33
Dec 3.38 , 2.39 '. 2.3U U 2.39 3,
1 Mar 2.43 3.44 S 2.43 2.43
j May 3.42 H 3.43 2.42 'j 3.43 H
PORTLAND iPi Coarse grains,
1 15-day shipments, bulk. Coast de
livery: Oats No.. 2. 38-lb white,
167.00; Barley, No. 2, 46-lb B. W.,
66.00.
Wheat (bid) to arrive market,
basis No. 1 bulk, delivered Coast:
Soft White, 2.37: Soft White 'ex
cluding Rex). 2.37; White Club,
3.37.
Hard Red Winter: Ordinary,
3.40; 10 per cent, 2.40: 11 per cent,
2.41; 12 per cent. 2.42.
Hard White' Baart: Ordinary,
2.41: 10 per cent, 2.42; 11 per cent,
2.43: 12 per cent. 2.45.
Car receipts: wheat. 84; flour,
9, corn, 11: oats. 1. mill fed, 8.
Obituary
VASOVEl
Rebecca Elizabeth Vanover. 63. na
tive of Kellogg. Iowa, and resident of
thlc city for the past year died here
July 29. Survivors Include: sister,
Mary Vanover, Yakima. Wash.: broth
er. Charles Watta. Nodawar. Iowa; sister-in-law,
Mrs. f. A. Watts of this
city; and a niece, Mra. Madeline Men
ti of this city, runeral arrangements
will be announced by O'Halr'a Memor
ial Chapel.
Weal her
Western Oregon Mostly gunny
over the tntcnor Wednesday and
Thursday with brief morning cloud
iness In the valleys; widely scat
tercd afternoon and evening thun
derstorms in mountain areas; tog
and low cloudiness and occasional
drlrrle along coast, with partial
clearing aiteritoons; little cooler In
interior Thursday; highs 85 In north
to 100 111 south Weatiesday aim '16
in nnrlh In on tn as in snntli Tliur.
jday; coastal highs near 60 both
days; lows Wednesday night 50 to
Ml; northwesterly winds of 16 to
26 mites an hour.
Eastern Oregon "Sunny and
warm Wednesday and Thursday;
scattered alternoou showers or
thundershowcrs; highs both day
85 to 96; lows Wednesday night 50
to OS.
Grants Pass and Vlclnllv In
creasing cloudiness with afternoon
and evening thunderstorms
through Thursday: high 97 Wednes
day and 92 Thursday, low Wednes
day night 60.
By The Associated Tress
tt hours ending 4:30 Wednesday.
.Max. Mtn. Prep.
Buker 93 49
Eugene 90 54
La Grande 97 45
Lakeview 89 67
Medford 83 66 T
North Bend 60 48 .
Ontnrin 97 57
1 Pendleton 99 64
I Portland lAirp) S3 54
Hosebuig 89
Salem 90 49
! Boise 95 67
Chicago 76 63
Denver U Si
Eureka 58 50 T
Los Angeles 77 66
New York : 89 67
Red Bluff 106 73 '
San Francisco 63 . 54
Seattle 78 49
Spokane 95 62
rr 1 1 ii i i i ii i "
. - - ' , ........
v si ii WiiJUi l mi il'alnu.-
U i. .-, . ii ' M l.iii. i. i 1
1 4 h S
Wa4li..' ""vt. .
READY FOR SERVICE Thit Cadillac Superior, four-ttrotcher capacity, hai been bought by
Kalert Ambulance Service and it now raady to be placed In tarvice. Jim Kalor, operator of
the service, and hit family drova the new vehicle hera from Lima, Ohio, whtrt it wai manu
factured. It it fully equipped with the latest emergency gear. The ambulance itrvice alio re
cently hat purchased a new McKation retutcitator for emergency uit.
K.i.Hii.,.Ml.i.Hl'i
I
LIVESTOCK
PORTLAND l.fl (USDA)
Cattle salable 300: market slow
and uneven: grass steers steady:
cows generally 50 cents lower
some bids 1.00 off on canner and
cutters :scattered lots utility and
commercial grass steers 23.00
30.00; good 1087 lb steers 32.00:
light cutter dairy type steers down
to 20.00 and below with few 813
lb stockers at 20.85: , utility heif
ers 21.00-34.00: canner and cutter
cows mostly 15.50 18.00: shells
down to 12.00: utility cows 19.00
20.00: odd commercial grades up
to 23.00: utility and commercial
bulls about steady at 25.00-28.60.
Calves salable 100: market ac
tive, steady: good and choice veal
ers and light calves 30.00-33.00; odd
prime 34.00; utility and commer
cial grades 18.00-28.00.
Hogs salable 100; market active,
fully 25 cents higher: choice No. 1
and 2 butchers 180-235 lb mostly
26.75 - 26.00; choice 260 lb up to
24.75; choice 350-550 lb sowa 19.00
20.50; lighter weights up to 22.00:
choice light feeder pigs salable up
to 22.50 or above.
Sheep salable 500: market slow;
spring lambs weak to 50 centd
lower; . good-prime springers 24.50
25.50; few lots mostly prime grades
held above 26.50: good feeders
steady at 21.00-21.50: cull and util
ity ewes 3.00-5.00; few good ewes
6.00.
r POTATOES
CHICAGO, Wl Potatoes: Arri
vals 74. on track 202; total U.S.
shipments 429; market firm to
slightly stronger on Whites, dull to
slightly weaker on Reds: track
sales in carlots per 100 lb: Cali
fornia Long Whites 86.15; Idaho
Oregon Long Whites 85.95 - 6,00;
board diver, said about 8300 in
Russets 85.90, Triumphs 85.90-6.00;
ton Russets Id basis 86.65.
LIVESTOCK
CHICAGO W Hog prices
turned mostly steady Wednesday
ftAP htvin. Incf OS I. Ki .,
in Tuesday's overloaded market.
rresn receipts were reduced
2,000 head from trade expectations.
Cattle were steady . to 50 cents
lower, vealers fully ' steady, and
sheep mixed.
Most butcher weights sold from
823.26 to 823.40, a lew loads top
ping at $23.50. Sows were mainly
$1.75 to 821.00.
Choice and prime steers gen
erally were worth 831.00 to 834.25
with a few prime loads getting up
to 83460 to 835.00.
A load of prime heifers topped
at 835.50 while most choice to low
834.50. Spring lambs were steady to
weak at 829.50 and below.
SOUTH SAN FRANCISCO Wl
tUSDA CatUe 100; receipts In
clude couple loads and a few lots
of steers; balance mostly cows; de
mand rather poor; few cows sold
steady to weag; canners and cut
ters 14.60-17.00.
No calves.
Hogs 300; no early sales; Tues
day butchers 25-50c higher. 180
240 lbs 25.25; four loads 260-260 lbs
mostly No. 2s 24.50; choice sows
16.00-17.00.
Sheep 2,000: market not estab
lished; Tuesday all prices steady;
load of good to prime shorn spring
lambs No. 1, pelts 27.50; load of
good and choice mostly No. 2 pelts
27.00; few good choice- leedcr
lambs 23.00-23.50.
Obituary
THORPE
Austin John Thorpe, so. died In Salem
July 28. Survivors include: a daughter.
Mrs. R. T. Schroeder. Klamath alls:
a son Austin Thorpe. Denver. Colo.,
grandson. Tim Schroeder, Klamath
Falls: grandaughler, Judy Thorpe,
Denver, also a suiter and two brothers
In Arkansas. Funeral arrangements ap
pear elsewhere in this Issue. Ward's
Klamath Funeral Home in charge.
STREETEK
Nora Dell Streeter. 73. native at
Lane County and resident of Fort Klam
ath for the past 52 years, died here
July 29. Survivors include: the widower,
Loren Streeter. Fort Klamath: a sister,
Mrs. Henry Chezen, Bend; and a broth
er. Frank Sellers Fallon, Nev. Grave
side services are to be conducted at
the Pleasant Hill Cemetery, Pleasant
Hill. Friday 3 p.m. iPDT.l with the
Rev. Claude O'Brian. officiating. Ward's
Klamath Funeral Home In charge.
tt'ontlnued from Page One.)
the tales of saucer sightings. Ev
ery time they get unusually nu
merous. I go back in my mind to
that day during the war when we
saw the Jap balloon, high ud over
town and somewhat to the west.
It wasn't too plain. You had to
look Just right to see It. But when
you did catch It with your eye, there
It was, round and white, looking
just like a Jap balloon ought to
look. Excited groups gathered all
over town to gaze. Here on our
sidewalk at the Herald and News
we hnd an especially large and
excited crowd. By measuring on
the corner of the adjoining build
ing, we could get a line on it and
spot It with comparative ease.
Every time we'd get it spotted,
we could feel the hair turn up
on the backs ot our necks and
the chills begin to chase each other
up and down our spines.
Then .
' A. B. Epperson, our accepted
authority on things astronomical,
came along. He took a squint.
Then he fixed up a crude instru
ment and took an observation,
meanwhile checking carefully on
his watch. Then he announced:
"It's the planet Venus which at
this time of the year is reasonably
visible in full daylight."
As T recall it, we were all quite
chagrined. But that isn't all. We
were TERRIBLY DISAPPOINTED,
in the davs. I find I feel the
same wav about a flying saucer
tnat is oeiinitciy tucnuiicu m
weather balloon.
Aren't people funny?
Local Architects
Change Buildings
Architects Murdo Morrison and
John Howard have moved their
offices from Pine Grove to the
Williams Building on Main Street.
They moved Into a suite of of
fices created when attorneys Har
ry Boivin and Ganong and Oanong
moved into offices vacated by the
Klamath Production Credit Associ
ation In the First Federal Building.
The credit association has moved
Into Its new quarters at 9th Street
and Klamath Avenue.
.Set? QalhoimA
MIRRORS
far inr twin
In lh homi!
3M C. MiB.
1 f X
I . ) .
I f
You II look more ottractivt, gee
better in imort new eyewear. Viiir
Dr. Alva Cugter, registered optometriit,
right now, before that special
occasion, for a complete eye
examination. Select a f latterinq new
frame. For your convenience
Dr. Custer s easy payment plan.
DR. 1LW CUSTER
9
REGISTERED OPTOMETRIST
With Offices At
Man Beaten
In Hotel Room
An elderly man. Bout Combs, CO.
was found badly beaten in his
room at Uio Holly lloiel this morn
ing. ne told City Police that Indians
were responsible.
Combs was found by the hotel
operator on the floor of his room,
bloody but conscious from what
apparently had been a severe
beating on the head.
He was taken to Klamath Val
ley Hospital by Kalcr's ambulance
and Is not considered in serious
condition.
He told oflicers thut some In
dians had come to his room ask
ing for money, and that they beat
him up when he didn't have any.
The muttrcss on his bed was blood
soaked and there wits blood on the
floor and walls of the room.
The room door was unlocked and
the key, in the lock on lhc out
side, also showed traces of blood.
Spots of blood led downstairs and
along the sidewalk to the allev
between Main and Klamath where
they disappeared.
Police Chief Orvllle Hamilton
said Combs Is known to his de
partment as bootlegger.
Funeral
TMnarc
Funeral services for Austin John
Thorpe. 80, who died in Salem July as.
are to be conducted from the Chapel
of Ward's Klamath Funeral Home bZi
High Street. Thursday. I0:S0 a.m.. with
Dr. r. M. Cauey. First Baptist Church,
officiating, interment In Klamath Me
morial Park.
Lewis Beams
Contract Talks
WASHINGTON LP John L.
Lewis reportedly has begun talks
with a major part of the soft coal
Industry, probably to lay the
groundwork for full-scale contract
negotiations.
An Intormed aource. who Is In
touch with the situation but de
clined use of his name, said
Wednesday, twls had his first
conference with the industry Tues
duy. The United Mlneworkera chief
told the bituminous coal operators
association July 23 that (he present
mil coitl work contract would end
Sept. Tl.
Tho present contract has been
open for termination on CD-day
nullce by cither stile for several
months.
Barring a new contract, Lewis
is consi'-lered certain to take his
450.000 miners out of the nation's
soft coal pits on Sept. 33 If he
lollowa past performances.
His battle cry has alwnys been
"no contract, no work."
It was not known definitely who
participated on the Industry aide
but the obvious choice would be
Harry M. Manes, president of the
Bituminous Coal Operators Asso
ciation and the man who does all
the negotiating for association
members.
Theie operators represent about
half of the annual soft coal ton
nage mined by the UMW.
Taylor Takes
Over New
School Post
Ernlo Taylor tins assumed hiH
newly won post as a member of
the Klamath Union High Hchool
Ituurd. He waa sworn III Mouduv
night at a Joint mrollng of I ho high
school and elementary bunnls,
Taylor waa elected to the hoard
In a recent election, lln aucceetls
Nelson Keetl.
A new music Initructor hu.i been
employed to succeed John Drys
On lo who has been loinli'd mu
sic rili'oclur of the Itcdmnnd
jtchools.
The now liv.trncliir here Is Wal
ter J. Sinilh. llo will teach nti'lui:
miLtio In the elementary sclioiilo
and direct the high school orches
tra. He holds uegrefli Irom the
UiuvrrMlle.i uf Idaho and Washing
ton, I ho luitrr a Muier, and wut
sluticnl body president at Idaho.
The Kleineiilaiy Hoard also em
ployed llu:ell I'eiigelly us instruc
tor In bYlnu'C, uiiide e, lln la a
University of Oregon graduate.
Mrs. Margaret (strode, Klamath
Uihou lll;;li bVliuol nur: e. was
named girls rouncllor. rihe Is to ;
continue her nursing duties in ;
addition to the hew cuuniclliiig
worg.
Two new lavatories are to be In
stalled at the lush srlionl. Oily
Schools Superintendent Arnold Ura
lapp explained that the new wash
units wero necessary to bring the
school under stale code require
ments. The lavatories are circular
and will accommodnie ix persons
each. Cost is ll.UJo.
The K. C. Painting Company
was awutded a contract for exter
ior painting at Hie high school.
Price was $1,000,
The High School Board deckled
to request tlio city lo ban parking
uloug Alameda Street In the high
school vicinity during nchoul hums.
The action is planned to create
inoro bus room.
On The Record
HIIUIU
Rrr.VKft nm l Mr. n1 Mri, f,
tlprvva JiM)l Hmnadiilt, at KUnitHi
Valley lloj(illl July JV. l-S3, ioj.
WillUiit l 'tiMiiiii . 'U4 ItUWult, a
Klamath Vallay llo.plU. July 3U, tt.U,
uir Wright: iMHHUja l' unite!
MUOItl Iloill I" Mi. ' Mra. An.
1i Miora, .IIMfl Nha-U Wa, al KUtil.
lit Valley Uiu.ilal July Uit, luSJ, (kj,
W'ifiil; T irtiumU II1 ouiuaa.
ttfjl'llltlK Uoui to Mr. and Mn.
t, out CulhriV, Tiil'Uk, Calif, at Klaot
alh Vallav lli'-llal July 3H. H!3, t buy.
Well hi : T limuitla V DUili'fi.
V iMNKH . limn lit Mr. and Mn. Huh.
art WiMivr. UT Kant.. t Klamaih Vl.
fry ll'.apllal July ill, 10.13, fcu.
Vvlgliti 9 poumla V ouncM,
MAHttlAOK lUtNID
conrrz mm a. Alvhto Balvador Cor.
lai, 40. lallntad latmrar. Native uf Mk
Iro. rafl'tviit of Kirk. Ora. Analln I,.
Ho-a 4.1, raltnuHi tabular. Nallvt f
Cullfurtlla, raalUviil uf Kirk, Ura,
tuMrt.AiNia ninu
MrvMiit Martlnilala v. Vim Hal
Msiiiimiala. atilt (or illvorra. ihaiar.
nucll). luiii'la marrlatl rati. T, IWJ,
UtiMi. Nov. IMalitllff aak ttrtM.artv tl
llrmeiil. Claraiica A. Ilutnolf, itoriuy
Draft Calls
Local Men
Fve men wrnt lo PorlUnd thin
morninic lor prr-inductlou phyMcal
examinations, the Klainulh Fulls
Selective Service otllce reported.
The five went up by train and
are to be examined at Inn U.S.
Army Recruiting and Induction 8ta
Hon tomorrow They will arrive
back hern Friday.
lor ulalilllir.
('rtiuuit-ara llaallng font piny vi.
NImI Tt tlomimaiimi, aitnaat fium ai
der of MUl Tax CiiHiinlaalui, (tuttliig
full tmli valtia of ulllH) 'a piupaily
a 40.' o rat liar than ft IO.mm) rarrani
and Maxwell, atliunay dr plalrtlllf.
Norm t-aa Nwrah Va. Jainaa Wll
IIhiii aUiaffl ault lot aiinulniant. Chaiga
Hi mr Ulvurra lor dvfandaot not final
Vk hrn ruupl uan! Iliroitgh marriaaa
rcicinony Jan. . at It alio. Nav, Plain
llt( arh raetoiallon o ma Irian nimi
Noitna l. W.H.iirnll. J. C, O'Nadl,
Itiniiry fur ilaliitllf
()trit Tat lor n. Klamath ttaaln Tina
MdU, ault (or kU.0uu dama rUlmad
Itir In lui ' rfralvtd lit auipli man!
Srpt. '.. !!. V a. Ilalrntltit, attornay
lu ' lib in t if
t;. (1 forriar and Vrtrm Turrlar,
tlolntf I'Utinoa aa I'orvlar-Norrla l,Um-
ati.t lu roliarl tnnal i rlaimad dua nt
ita in-nl (r lumhrr. Donald A. Dola,
Cuna atluniay for plaintiff.
utratK ciRANTku
lUial H. Pauifi vt. ataynartf Ttuth.
. . , ; .Nil M.-
Ml Nt irAL 4 01 af
Usui Clurhty, drunk. Tint, 111 mr
?t ilaa.
Iloyi Kaataraon, drunk, rint, III and
i Uaa.
UtK iana (Jatlagtif, drunk. llnt, III ar
7' tlaa.
Jamra T. Ivory, na Vihlct lirvnta.
ftriiHrd.
Iictm Mndi dtunk. Fina, 111 of
7'. ri.vi
rnri Gilford, no vahicla llrania. Ha
rugged.
I
tiai but toimr
Jaa !.ff niytha, diaordtrly conduct.
Tina. $M i3 Uipndad
Jau Ia ltl Irif, drunk 4MI publtt
hllhar. rm. 1X
ralrlria lttdla MulUft, Mlng In
aulficiam rtaaranra. round not gulllv.
Jav llcoggio, oaaault and blUr,
PI cad not gulliy, roroggad
Jutxph r. trCu, aaaaull and ht
ttt. plaact not guilty, ball aft at 110a
Itan Ht-g'taa, atiaull with Inttnt I
roh Waivad haartng
Itaymond Jaula Owtni, nn angllnf
llrnt. rina. 9-K) 119 auapand'd.
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0RDERJ3Y MAJLNOW !
IITANDARO OPILCAl COMPANY BB,,I
Hi Main at. In Klamath falli, On.
Q Fleatl lead m tali lamatat IT ! Ktyifana
navia autlif lar only $3t.3l.
Nam i i it
AtfeVm .
4 IAJY WAYI TO IUV
Q Iritlett ctiath r
itianay at 4tt
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Q Charge (ferml at
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rcawnt
P Adrf la your IM
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'(ll'i aaiy tt apen an arttunt. fr failatt Mrvlif
MM Mm.i n tutMiifi tl lrail rlin(ij
715 MAIN ST., KLAMATH FALLS, ORE.
T
I