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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Aug. 4, 1952)
PAGE FOUR HERALD A Nil NEWS. KLAMATH FALLS. OKKfiON MONDAY. AIJC.UST4.19M MARKETS and FINANCE Stocks MAM, STREET 1 NEW YOKK uH The stock market was lower Montlny with trading quiet. An irregular move ment o( prices marked the close, i Trading came to an estimated million snares. ' Tile outside of the fall was a tittle more than a point with by Ifar the greatest bulk of the list idown only fractions. I SteeU and motors held steady twtth only slight price variations. Railroads were undistinguished TanA mlvwl ntlc ttvra litflj lower. By The Associated Press (Admiral Corporation Allied Chemical Allis Chalmers American Airlines American Power ft Light American Tel. & Tel. 'American Tobacco Anaconda Copper Atchison Railroad Bethlehem Steel Boeing Airplane Co. Borg Warner Burroughs Adding Much. California Packing Canadian Pacific Caterpillar Tractor Celanese Corporation Chrysler Corporation Cities Service Consolidated Edison Crown Zellerbacb Curtiss Wright Douglas Aircraft dupont de Nemours Eastman Kodak Emerson Radio , General Electric General Foods General Motors Georgia Pac. Plywood Goodyear Tire Homestake Mining Co. International Harvester International Paper - Johns Manville Kennecott Copper Libby. McNeill Lockheed Aircraft Loew's Incoiporated Long Bell A Montgomery Ward Nash Kelvinator New York -Central Northern Pacific Pacific American Pish Pacific Gas & Electric Pacific Tel. & Tel. Packard Motor Car . Penney (J. C.) Co. Pennsylvania R. R. Pepsi Cola Co. Philco Radio Radio Corporation Rayonier Incorp Rayonier Incorp Pfd Republic Steel - Reynolds Metals Richfield Oil Safeway Stores Inc. Scott Paper Co. Sears Roebuck It Co. Socony-Vacuum Oil Southern Pacific Standard Oil Calif. -v Standard Oil N. J. I Studebaker Corp. Junhine Mining I oWMt E CO. ITransamenca Corp. Twentieth Century Fox Union Oil Company i union racuic , United Airlines .United Aircraft I united Corporation r I United States Plvwood United States Steel I Warner Pictures Western Union Tel. Westinghouse Air Brake Westinghouse Electric Wool worth M 28 ifa 1M lj 57 , i 91 l 53 3, 3S', 56 H 36 H 57 45 7S 35 53 '. M 90 1i 45 1H 63 48 59 18 I, 45 35 H 35 1. 81 7 23 , 12 20 4 19 76 H 15 35 20 i. 26 K 33 i 34 -I, - 42 53 33 4 59 i 38 H 84?. 63 80S 37 ', 32 Ti 27. 15 Vi 4U, 118 V, 28 N 33 S 54 28 , 41 . 13 V, 44 26 41 H 3 GRAINS LIVESTOCK SOUTH SAN FRANCISCO W (USDA) Cattle 900. RecelDts in- elude the equivalent of about a dozen loads of steers, cotmle loads of heifers, the balance mostly cows. Trade opened fairly active on steers and rather slow on cows. Price about steady with earlv last week on steers, steady to weak with the close on cows. Several loads commercial and low good slaugh ter steers 28.00-30.00 and a few 31.50. A few part loads of medium and good feeder steers 27.00-28.00. Canners and cutter cows 14.00 17.00. Some shelly canners down ward to 10.00. No early sales of utility cows. Short load 600 pound stock heifers 26.00. Calves 100. No early sales. Hogs 200. Butchers 25 cents higher than late last week. Few lots choice No. 1 and 2 190-330 lb 2.25. Sows steady. Few head of medium grade 14.50. sneep 9,000. No early sales. CHICAGO IX The drought In the southeast again provided the main stimulant lor a strung ad- vance in grain prices on the board of trade Monday. Dealings became very active In the latter part ot the session with corn, oata aim soybeans all pound ing out substantial gains. Oala led the market early on the belief this grain would be needed lor feedmg purposes tn both New England and the southeast. Toward the close leadership ro- tatea to corn wnen ruiox lluicnin- son. assistant secretary of agri- culture, said that eight southern stales would lose about 60 Der cent of their corn croD. Wheat firmed in sympainy wiw uie rest ol uie market. All deferred contracts of oats and soybeans set new season, highs, March and May corn also were at new peaks. Wheat closed i lower to higher. September 12.34-2.33 corn 1 V3 ' higher, September 182 ,-l3. oats 2 t,-3 h higher, September 85-85 '.. rye 3 'i-3 3 higher, September 13.09 4. soy beans 4 lo 6 cents higher, September 13.09 J,-S.10 4. and lard 3 to 10 cents a hundred pounds higher, September $11.75. Wheat Open High Low Close Sep 3.33 a4 2.34 3.33 V 3.34 Dec 2.39 ; 2.40 3.39 s, 3.40 May 344 i 245 244 , 3..45 PORTLAND uP i Coarse grains. 15-day shipments, bull, Coast cm livery: Oats No. 2, 38-lb white 67.00. Barley, No. 2. 45-lb B. W., Wheat tbidi to arrive market, basis NO. 1 bulk, delivered Coast: Soft While 3.35: Soft White icx. -eluding Rex), 3.35: While Club 2.S5. Hard Red Winter: Ordinary 2.38; 10 per cent 2.38; 11 per cent 3.39; 13 per cent 3.40. Hard White Baarl: Ordinary, 239; 10 per cent 2.40: 11 per, cent 2.41: 12 per cent 2.43. Car receipts: wheat 103: barley 1: flour 21; corn 7; oats 14; mill feed 13. POTATOES CHICAGO W Potatoes : Ar rivals 217, on track 221: total U.S. shipments Friday 460. Saturday !. and Sunday 23: sunnlies mod' erate: demand very good; mar ket stronger, especiallv for whites: laano-oregon Long Whites 16.50, Triumphs $5.90-6.15: Nebraska Wsrbas 15 50-6. 00: Texas Trlnmnhs w.so-su; wasnington Long Whites 16.40-50, Russets $6.65-80; Wiscon sin warbas $4.75. Cor Crackup Injures Two Two girls were bmlserf mr,A shaken up in an auto accident Saturday afternoon on S. 6th Just tiuuve nuarnom. Treated at Klamath Valley Hos pital were Marv Judith Garner 17 of 4211 Homedale. and Betty Bo- ami. id, 01 siav uuiie. The Sokall girl receved facial cuts. Miss Garner was driving in toward town with Miss Sokall as ner passenger wnen their car struck a vehicle owned by How ard L. Bailey, parked In front of a real estate office. Ballev Is to be a teacher at Klamath Union High School next school term. The girls were taken to the hospital by Kaler'g ambulance. The most trtnln nlnva hv nni learn In the majors In one year was three. The Tigers did It in 1911 and the Red Sox pulled the trick In 1934. Kills germs that cause ATHLETE'S FOOT helps heal and clear It! Zemo a doctor'i highly medicated antlaeptic promptly rellevaa Itchy ?r"!',n ' ckd. peeling toai. Zmt aliio killi on contact germi that moat commonly came athlete'! foot. It helps hols and clean thii condition. ZEMO LIVESTOCK PORTLAND lf (USDA) Cattle salable 1400; holdover 175; market uneven: meager supply fed steers and heifers active: strong 50 cents higher: otherwise market slow; grass steers steady-weak; good heifers around 50 cents lower with many late bids 1.00 lower; bulk of supply unsold at noon: stocker and feeder cattle scarce; few part loads good and choice 913-1050 lb fed steers 33.50-34.50; load mostly choice 922 lb 35.00: short load good 1293 lb grass steers 33.50: other commercial and low good grasers from 950-1193 lb 27.50-31.50: few utility steers 22.00 27.00: load mostly choice fed heif ers held around 34.00; load good 812 lb heifers 31 00: scattered lots commercial and low good heifers 26.50-29.50: utility heifers 21.00 25.50: canner and cutter cows early 15.50-17.50: later bids mostly 17.00 down; shells down to 11.00; few utility cows 19.00-20.00; young com mercial cows up to 22.50; utility and commercial bulls 24.50-28.50. Calves salable 225; market most ly steady; good and choice vealers and light calves 30 00-33.00: rood 400 lb calves 28.00; utility and com mercial calves and vealers 17.00-28.00. Hogs salable 650: market active: steady-25 cents higher; choice No. 1 and 2 208-235 lb butchers 25.75 mostly 26.00; several lots 26.35: choice No. 2 and 3 . 250-270 lb butchers 23.50 - 24.50: heavier weights down to 23.00 and below- choice 150-170 lb 24.00-25.00; choice 350-550 lb sows 1950-21.50; no feed er pigs available. Sheep salable 1000; market ac tive; fully steady; good and choice spring lambs 25.00-25.50; few lots cnoice prime ae.oo; good feeders 21.00-21.50: few good and choice lots 21.75-22.00; good and choice yearlings mostly No. 1 and 2 pelt 17.00- 19.00: good ewes 6.00-6 50: cull and utility 3.00-5 00. CHICAGO l.fl The most hncra for any Monday to two months came on sale Monday but the trade absorbed them easily in a steady 10 to cents lower - iraae. Cattle were mostly steady to 50 cents higher while sheeD were steady on sales made. Most butcher weight hoes sold from 121.50 to $24.00, this too price oeing oown su cents irom 1-Tiaay a 23-month peak. Sows generally took $17.50 to $21.25. Clearance was good on the 12.000 hogs estimated to be on sale. That number compared with actual sales a week ago and a year ago of somewhat more than 10.000. Good to prime steers sold mostly from $28.00 to $34.00. a few loads going to $34.50 to $35.00. Choice to low-prime heifers took $32.00 to 134.00. Commercial cows topped at $20. 00 and similar grade bulls at 124.50 while the practical top on vealers was $32.00. Soring Iambs topped at $30.00 and ewes at $9.00. On old-crop lambs and yearlings, however, bids were 50 cents to $1.00 lower. with little being sold by mid-session. Estimated arrival also included 17,000 cattle, 500 calves, and 3.000 sheep. r-..:" . . - . I t . ( t. I ' ' 1 A .-.-ft yi-'-'. f ' - ft 5 i .: ? . - fc :' ! urn. V w-..?.--.' ' f I. I L ; i I - " ' ' ' I I ' . 1 hWifi 4.M ' WulM,lfcaJ ' - ! - Jk - ...... OPENING NUMBERS When Underwood's Camera Shop holds open houia at the new store, 706 Main Street, Thursday evening, the two fetching girlw above will model lor all photogra phers and Underwood's will give each cameraman two free flash bulbs. The girls are II to rl Roundup Princesses Aurelia Patterson and Carol Hamilton. Jim Floyd is to operate a pho tography studio in connection with Underwood's under the name of Floyd's at Underwoods. The open house Thursday is from 8 until 1 1' p.m. SAUCERS IN JAPAN TOKYO M Th newsnaner Yomluri said Monday it had re ceived more than 150 letters from persons reporting thev saw flying saucers over Japan Friday night. Japanese astronomers, however. agreed the objects were meteors. Two Held On Robbery Rap Ima Sue Callahan, 19. and Ern est Stanley Gayharl, 27, were or dered bound over to the Grand Jury this morning alter a District Court hearing on charges of as sault and robbery by force and violence. The bail on both was reduced from $5,000 to 13.500 by District Judge D. E. Van Vactor. Both Mrs. Callahan and Gay hart are held in the County Jail. Paul E. Krauss, 2014 Beaver, testified at the separate hearings conducted -for Mrs. Callahan and Gayhart that he met Gayhart and another man, unidentified, In a downtown tavern Saturday, July 26, and after drinking with them for a while ivited them out to his house. Gayhart, he said, later invited the woman out and she came by taxicab. She fixed supper for the men and after supper out on the lawn he said the woman tried to take his billfold out of his hip pocket. Drauss said he stopped her and at that moment someone he doesn't know who slugged him. He suffered a broken facial bone. Krauss (aid he woke up the next morning in bed and with only a hazy memory of the events of the preceding afternoon. He found his billfold out In the yard, but his money, about $20 was gone. Mrs. Callahan and Gayhart were picked up by sheriff's officers the next Tuesday. At today's hearing the woman was represented by Attorney Ben Goddard. Gayhart had no attorney. IMPORTS CUT WELLINGTON, N. Z. lifl New Zealand's government, facing a financial deficit overseas, ordered Imports cut to the bone Monday. The order particularly affected woolen goods, hosiery and Ameri can automobiles. Staie Fair Space Short SALEM IJD Display space at the Oregon State Fair Is almost completely sold out. Glen Hoare. in charge of space sales, said this week end. The fair will run eight dnvs starting Aug. 30. Over 95 per cent of the available space has been sold. Hoare said. Twelve counties have signed up for fair exhibits so far. On The Record BIRTHS LONG Born to Mr. and Mm, Thorn as Lnf 2m Durrow. at Klamath Val ley Hospital Auf. 2. 1932, a girl. Weight 8 pound 11 'i nuncea. KALINA Born to Mr.' and Mrt, LouU Kalina, Box 3A. MalJn, Ore. at Klamath Valley Hospital Auf. 2. 1932, lvv. Weight: 6 pound 2'it ounce. PATTERSON Born to Mr. and Mn, Robert Patterson. I52f Hnna t Vlim. ith Valley Hospital Aug. 2, 1932, a boy. SKLBY Born t Mr. and Mn, Hob ert Selby. 719 Cook, at Klamath Val ley Hospital Aug. 2, 1932, a girl. Weight: 8 pound 3 ouncei. FERGUSON Born to Mr. and Mn. Leonard Ferguson. IBM Johnson. at Klamath Valley Hospital Aug 2, 1032, a girl. Weight: 6 pounds 6l ounce. FOSTER Born to Mr. and Mrs. Phobe Foster. -Beatty, Ora.. at Klamath Valley Hospital Aug. 2, 1932, a boy. Weight: 7 pounds 6'it ounce. THELEASE Bom to Mr. and Mrs. Jack Treleane, 41S N. 11th at Klamath Valley Hospital Aug. 2. 1932, a boy. Weight: 3 pounds 7' 4 ounces. BRIDGES Born to Mr. and Mrs. Jerry Bridges, 2017 Union, at Klamath Valley Hospital Aug. 4, 1032, a girl. Weight: 5 pound t ounces. GRIFFIN Born to Mr. and Mrs. Harrison Griffin, Route 1 Box 83, Tule lake, Calif., at Klamath Valley Hospi tal Aug 3, 1932, a boy. Weight: 0 pounds 9V ounces. GAUTHIER Born to Mr. and Mrs. Fernand Gauthler. Chlloquln. Ore., at Klamath Valley Hospital Aug. 3, 1932, a girl. Weight: 10 pounds ' ounces, ROOGERS Born to Mr. and Mrs. I. F. Rodgers, Box 732, Klamath Fall, at Klamath Valley Hospital Aug. 3, 1932, a boy.. Weight: 8 pounds 11 ounces. JOHNSTON Born to Mr. and Mr. Stanley Johnston. 2028 Garden, at Klamath Valley Hospital Aug. 3, 1032, a girl. Weight: 8 pounds ounce. GR1ESS Born to Mr. and Mrs. Robert Grless, I7M Dayton, at Klam ath Valley Hospital Aug. 3, 1952, a boy. Weight: 9 pound ounce. 2 Arrested On Drunk Charges Two persons were arrested here over the weekend on drunk driv ing charges. William P. Warren. 35. of 321 Broad, pleaded not guilty In Muni cipal Court this morning to that charge and also to counts of dis orderly conduct and having no op erator's license. He was arrested by City Police at 2 a.m. today and Is held In Uie City Jail In lieu of 1130 ball. Clarence Clinton, 60, of Chlloquln, was arrested by State Police early Saturday night and placed in the County Jail, charged with drunk driving and having no operator's license. Mossadegh Receives Dictator ' Powers From Iranian Senate TEHRAN, Iran The Iranian Senate Monday gave Initial ap proval lo a hill granting Premier Mohammed Moaaadeali unlimited powers to rule this iirur-bankrupt country with a I roe hand for tlx niontlu. But the upper liou.e offered un expected opiKMitlon tn a govern ment bill ordering confl.-tcalton of Uie perronnl wealth and properly of Ahmed Uavam, who was forced out of the premlerMttp two weeks una bv wildly demonstrating Mos sadegh fiilloweia. Hie lawmakers paa.ird the con- Weather Western Oregon Considerable cloudiness with ncallrred nhoweia und thumicr.-4iuvcra Monday alter noon and evrmug. Moatly auiuiy Tuesday except morning cloudi ness in northern Interior Valleys and Isoiaivu tnunilcraliowers over mountains. On the coast, cloudy and loggy Monday night and Tues day. 1'artlul clearing Tuesday af Icrnoon. Tuesday In northern In terior high so and M to IK) In south and t0 mint Die coast. Lows Mon day nlitht hi to 66. Northerly to northwesterly winds ol It lo M miles an hour of coast. Eastern Orcion Partly cloudy Monday and Tuesday with scat tered afternoon and evening thun drrshowera In mountain areas. Highs of H8 to 98 Monday. A little cooler Tuesday with hlglis of S3 to 93. Lows Monday nlglii U lo 65. Grants Pass and Vicinity Fair late nluhl and morninv. wlUi after noon and evening Uumderatornis. Ilign Monday luo. A little cooler Tuesday with high ol 9i. Low Tues day night 63. By The Associated Trraa it hour, lo 4:S a.m. Monday Mat. Ml", Prep. flacatlon bill without trouble ou Its lint of Uirce readings. On the econd reading, however, only Uiree ol M senators present Mood up lo signify approval. The bill Uien was sent to apell ate eomnilMilon lor possible revis ion, it probably will be brought up when Uie Ucnate meets again. The legislation calls for Qavum's fortune estimated by some law makers at 6i") million rials (about It million dollars i la be divided among the aurvlvorn nf persons killed In the street fighting which resulted In his overthrow. More than 30 uolloe ami soldiers r poi ledly died lit Uie cluhra. Five in til let rials i about lino. 000 1 would be art aside tor (ja vam'a wile and 10-yrar-old aon. tavam'A whereabouts have been unknown since Mosnailrgh swept lo power Julv 31. The Indriieiuicnl weekly Uouva peculated today the iiiIssIIik poli tician actually l Milium In Uie home of a senator In Tehran and the government knows II but la un willing to violate the senator's Im munity bv entering hla house. The paper said, however, that Mossadegh had pledged to arrest CJuvsin aa soon as the upper chamber passes the hill granting him lull government powera. Funerol ( SI 1. run.ral S.rlrr. for MtU Ann ('.II. OS. who dl(t ar Jittt 31, .(, ion. tlucl.d from III. Chttrrtl ot Jc.u. Chrlil of Llttr Pay Nsln.li. Ati 4. I,.U. t S p. si. Inl.im.nl w. In Klam ath Humorist rarfc. Win'. Klamath run.ral Horn, In charlf ot sriani. niintt. Baker Eugene La Ot uncle l.akeview Med ford North Bend Onterio t Pendleton Portland (Airp) Rose burg Salem Boise Chicago Denver Eureka Los Angeles New York Red Blulf San Francisco Seattle Spokane loo 94 ! 101 n 117 M 103 I to M 19 HO M 71 U ltM tn 89 SO 60 til el 4) 6J bt HI M til tig 69 M 4S it. 17 M 5 83 uinn n military JuUlLlL academy Olden and neat distinguished mili Urr arhool in the Northwest, board ing bars from but gride through high school, .special emphasis on the fundamentals of education wiik remedial uusunce...thr finest mill. ut, athletic, and tecill traiainf. EmtlimttU mifltd njtimt. - "' tar ttt ' niurr r---- ! ma mrm uum , J kj Bmu, FtXll.iHj 10. Ort0l ' I Fteaac ama) catBflrai hcenhitf aad ballrtaa. J ! i i i.j!n.j r SALE SUMMER CLOSEOUT ; COOL, SHORT SLEEVE SPORT SHIRTS Values to 4.95 Our they go! Color splashed j prints cool checks and stripes. French crepes, seersuckers and washable Dan River cottons. Sizes S-M-L. 259 DREUJS IhwAow 733 Mafe Phone 3463 One current rumor la that da. vain altcnilv has lied (he country, Tim bill in Hiv Miuuailegh pow er lo rule bv decrea won quick imiiiiiviil n the lowor liouie of Parliament. All but one or two, of the SI deputies present rose to affirm Ilia measure when It cam UP for a standing vote on lit Uilrd and final leading. . Final ariiaio approval appeared alinorit certain. Then the aged premier Will have a frro hand to govern by decrea and push through a drastic pro gram lie snjs is needed to cans the coiiuliv Ihrounh II" present ecuiiiomio crisis. . Iran has been headed for bank, ttiptcy since her giant Brltlh-riin oil Industry was iialloitnllrad last year and produrtlun ftt'led out. 'ritniiKli (he hill give Mossadegh unlliiilted power over nearly everv phase nl Iranian lire for th next six monlha his actions come up for pat llntiienlarv review at the end ol the perliKl. , Fro Book on Arthritis And Rheumatism HOW TO AVOID CRIPPLING DlfOHMITIIJ ( Alt ainatlng nrwly enlanAl 44 pimo book entitled "Rheumatism" alll be sent fire to anyone who will write for It. It reveals hy drugs and medi. cities live only temporary relief and fall to remove lit caues of the trouble; explains a apeclallred nnn-aurglral, non-medical treat, meiit which haa proven tuccesilul lor the Paul U3 years, You incur no obligation In ferul ing for tills niMrurtlre book. It may be the means of saving you years of untold ntlicry. Write to day to The Hall Clinic, Dept. 3oi, Excelsior Hprllna. Missouri. 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