f
CAGE FOUIt
IIKHALDANM NKWS. KLAMATH KAU.S. olil'XiON
THURSDAY, DKCHMHIOIl II, l.r)2
f MARKETS AND FINANCE
f
Stocks
WALL STREET
NKW YORK Oft Stocks Pul
on an indecisive performance In
Thursday's markel.
, Trading volume reached a total
estimated at 1,600,000 chares.
Except lor a lew invorca issues
price changes were , limited
narrow fractions
iniv and losses were well scat
tered throughout most sections of
the list.
NKW TORK STOCKS
' By The Associated Press
Admiral Corporation
37
Allied Chemical
Allis Chalmers '
American Airlines
American Power t Light
American Tel. k Tel.
American Tobacco
Anaconda Copper
Atchison Railroad
Bethlehem Sleel
Borg Warner
Burroughs Adding Machine
California Parking
Canadinn Pacific
Caterpillar Tractor
Celanese Corporation
Chrysler Corporation
Cities Service
Consolidated Edison
Crown Zellerbach
Curtiss Wright
Douglas Aircraft
dupont de Nemours
Eastman Kodak
Emerson Radio
General Electric
General Poods
General Motors
Georgia Pac. Plywood
Goodyear Tire
Homestake Mining Co.
International Harvester
International Paper
Johns Mnnville
Kennecott Copper
Libby. McNeill
Lockheed Aircraft
Loew's Incorporated
Lonr? Bell A
Montgomery Ward
Nash Kelvinator
New York Central
Northern Pacific
Pacific American Fish
Pacific Gas & Electric
Pacific Tel. ts Tel.
Packard Motor Car
Penney (J. C.I 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.
F-ott Paper Co.
rs Roebuck ' Co.
-ny-Vacuum Jil
hern Pacific
; idard Oil Calif.
S idard OH N. J.
Sa'iebaker Conxiration
Swift & Company
Transamerica Corporation
Twentieth Century Fox
Union Oil Company
Union Pacific
United Airlines
United Aircraft
United Corporation
14 1,
60
14',
i l2
158 -.
85
411
100
52 U
80 i
16
27
33 ' .
63 '
35 ,
88
93
38
8
64 i
95 ,
43 ',
13
71
52 V
67
16 4
4S H
37 .
32
53.
73 3, I
77 i !
U
12'.
28 ',
60 ' ;
21 r.
22
78 V,
S9 U
115 '.
5 i,
69 ,
21 i
10',
35 1.
2'.
34 'i
34 '4
44 '.
65 ,
63 2
34
58 j
61 aa
35',
44
57 i
74',
37 l4.
33 S
26 ,
14
39 i,
114
29 i
37 V.
62
K
raw -
fa l U
i'v .'Grains v
CHICAGO GRAIN
CHICAGO Lf Grain prices were
marked down again Tliursdiry on
the board of trade, soybeans and
old crop wheat contracts sulleruig
most.
Action of wheat reflected disap-
lo i polntmenl over failure of substan
tial export business to oring com
mercial demand Inio the market.
It was felt part of the grain was
bought from government stocks.
March wheat sank to a new sea
sonal low.
Wheal closed t-l . lower. Dec
ember $2.31 i-'a. corn ' lower.
December $.65 1.. oats unchanged
to lower, December 84 i,-',,
rye unchanged to J lower. Decem
ber $1.83 soybeans V3 ' low
er, January t3.02-$3.03 and lard
18 to 30 cents a hundred pounds
lower, December $9.13.
Wheat
Open High Law Close
Dec 2.33 2.33 2.31 2.31 i
Mar 2 39 , 2.39 a. 2.37 a, 1 37 a,
May 2.43 2.43 2 41 i, 2.41 ,
Jl.v 2.41 2 41', 2.40 2.40 S
Sep 2 42 , 2.42 '. 2.41 ', 3.42
PORTLAND GRAIN
PORTLAND If Coarse grain.
15-day shipments, bulk, coast de
livery: No bids.
Wheat (bid) to arrive market,
basis No. l bulk, delivered coast:
Soft White 2.38: Soft White (ex
cluding Rexl 2.38: White Club 2.38.
Hard Red Winter: Ordinary a.43;
10 per cent 2.43: 11 per cent 2.43;
12 per cent 3.43.
Hard White Baart: Ordinary
2 61: 10 per cent 3.61: 11 per cent
2.63; 12 per cent 1 65
Car receipts: wheat 61: oats 1:
flour 3; corn 3; oats 1; mill feed
1.
r
I - Potatoes
CHICAGO POTATOES
CHICAGO UH Potatoes: Arri
vals 73. on track 269. total U. S.
shipments 802: slightly weaker:
'Colorado Red McClures $4.50; Ida
ho Russets $4.90-5.10.
LIVESTOCK
CHICAGO LIVESTOCK
CHICAGO W Butcher weight
bogs turned higher in price Thurs
day for a change but sows con
tinued the downward drift.
Improved shipping demand bol
stered the market for barrows and
gilts by steady to 25 cents higher
figures. "Sows were (Steady to 35
cents lower.
Cattle and sheep were mostly
steady during most of the session.
Most butcher weights sold from
$15 85 to $16.90. one load went as
high as $17.06. Sows generally
made $12.00 to $15.00.
Good tp prime steers took $24.00
to $37.00 and one high-prime load
hit $38.25. Choice heifers topped at
$31.50 while cows topped at $15.00.
Choice and prime native lambs
sold from $21.75 to $22 AO and good
and cholct kinds from $20.50 to
$21.75.
Wrapping
a pJaotur . . .
No Chargt
oowns
with larceny in thir heartt
. . filmy black . . , mow
whit and lush paiteli . . ,
100 nylon . . . Perms
nent pilars ...
5.95 f. 14.95
Slips
That m.feh lh gowni , .',
foaming in laet . . . they
sr. r.viihingly beautiful
1 .99 6.95
p :Uvte4
WKKKLY KLAMATU FALL
L1VF.HTOCK Al'CTION MARKKT
Br JOHN LANDKRS JR.
Acting Ag, F.couomlst
SLAl'GHTtvK CATl'LEt Re
ceipts of all cattle wore 233 com
pared lo 772 last week and 660
a month ago. Prices were gen
erally steady on all classes except
stocker aui feeder steers. The
quality was generally lower Uian
last week. Utility cows sold from
12.10 to U 80 with canner and cut
ters selling from 9 20 to 13.00. One
lot of Commercial steers cleared
at 20 30 with utility steers going
from 13.60 to 14.70 and cutters
down to 13.10, Commercial and
utility heifers sold ironi 13.40 to
17.60. Commercial and utility bulls
turned from 15.20 to 17.50 with
cutters down lo 13.85. One choice
veal topped at 24.00. Good slaugh
ter calves sold from 18.00 to 21.40.
Commercial calves brought from
16.00 to 16.75.
STOCKKRS AND KKKDKRS:
Choice Blockers and feeders were
mainly lacking. Good steers weigh
ing 400 to 500 pounds sold Irom
18.00 to 18.60 with medium kinds
going from 15.50 to 17.10. Good
steers weighing 500 to 700 pounds
sold from 16.20 to 1820. Medium
stocker heifers or all weights sold
from 15.00 to 17.90. One good light
stocker heifer cleared at 33.00.
Medium kinds of stocker calves
weighing around 350 pounds sold
from 13.30 to 17.50. Good stock
cows cleared around 135.00 w,i!i
medium cows selling from 70. CO
to 108.00. One baby whitcface calf
sold for 2100. One purebred Here-
lord bull cleared at 300.00.
SHEEP: Receipts of sheep were
17 compared to 30 last week and
59 a month ago. Good slaughter
lambs sold Irom 15.75 to 16 50.
Medium to good feeder lambs sold
from 14.25 to 15.00. One lot of
young bred black face ewes
cleared at 17.00.
HOGS: Receipts of hogs were 66
compared to 188 last week and
120 a month ago. Choice 1 and 3
butchers sold from 17.80 to 18.25.
Heavy sows turned from 12.75 to
13.80. Feeder pss weigmng around
50 pounds sold from 5.00 to 6.00
per head with heavier feeders sell
ing irom l-'.io to i-'.s oy uie
pound.
PORTLAND LIVESTOCK
PORTLAND OrVlUSDAI Cattle
salable 200; market less active,
but mostly steady; few fed steers
unsold: scattered lots commercial
steers 900-1.060 lbs 20.00-23.50: util
ity and low commercial heifers
15.00-18.00; canner and cutter cows
mostlv 10.00-12.50: few utility cows
14.00-15.00; commercial bulls 18.00-18.50-
few cutter and utility bulls.
14.00-17.00.
Calves salable 200: good and
choice light vealers scarce, quot
able steady at 24.00-28.00: few good
400-600 lb calves 21.00-23.00 ; 2 large
lots range calves unsold.
Hogs salable 400: market fairly
active, steadv: choice 1 and 3'
butchers 18M35 lbs- 18 50-19.00: I
choice 350-465 lb sows 16.00-16 60:
lighter weights quotable up to 17.00
or above.
Sheep salable 100: scattered sales :
about steaov; i lot mostlv prime
91 lb fed lambs 19.50; few good
and choice wooled lambs 18 00
18.50; few choice -feeders 16.50;
good and choice ewes salable 5.60
6.60, cull and utility 3.50-6.00.
Nylon . , . Btmberg . . .
Acetate . . . Non-run 2 bar
Tricot... Black... White
. . . pastalt . . .
39c ,. 99c
Fr.rnH.,ch.lU...F..th. fpXjfwX
VV" jjgli.. y-V-n arwt.ght eorduroyl ... WV..I 1
i KYl" v jLv Lukuriaui latin Quilti .. . I Vs '-'rv'
j f VTt jF Cuddly eottoni ... In i jf ) K 'W A
'i S sS ,h.d.. .f th. rainbow. ft LT 1
-j. r'ajamas Xj tW JyQfwtjLRJj
ljf ?'T ileaping . . . warm quilts J0j MJLm
Slipper, : n M J
from "SiouK
Truman-Mac
(Continued from pair li
lo questions arising from MacAr
tliur'N K'Mnt-h to the National As
sociation of Manufacturers In New
York last Friday that "there Is a
clear and definite solution" to the
Korean coulllct.
Elsenhower said during his cam
paign he would go to Korea In Ills
efforts to bring about a speedy and
honorable end to the Korean war.
KAItl.llR
..... i. .
messaged LVicArtKVhr r,S"S
happy to meet with him to discus
coii.i u.nder might have for ending
Knr, , r 1 .
me Nore.n war. '
Elsenhower sent his telegram to
MncArthur from the cruiser on
which he Is returning from the Ko
rean trip he undertook to carry
out his campaign pledge. -
Truman Uicn challenged MncAr
thur to tell htm any Ideas he may
have for ending the war. lie said
it was MacArthur'a duty.
And some Congressmen sug
gested Truman meet with both
Elsenhower and MacArthur to try
to achieve a program for peace,
NO DETAILS
MacArthur gave no details of
any Korean peace plan In his New
York speech last Friday. He did
say It would not lead to unduly
henvv Allied casualties.
MacArthur did not say flatly
that he knew a way to end the
Korean war.
What he said was: ! am confi
dent there Is a clear and dolmiie
solution to the Korean conflict."
Truman told his news conference
that he thinks the Joint Chiefs of
Staff know what MacArthur's pro
posal Is all about and he thinks
there Is nothing new in It.
A Defense Department spokes
man said Tuesday ne was not
aware MacArthur had
supplied
any plan for peace to nis em
players" meaning his military
superiors through the Army sec
retary or chief of staff.
In New York. - General MacAr
thur's office said MacArthur was
unavailable for comment on Tru
man's press conference remarks.
A sookesman snld he doubted that.
' even if contacted, MacArthur would
make any comment.
Truman came to his news con
ference obviously ready to do bat
tie with the two generals.
To dramatue tne conierence, ne
ru.rmitiiut nli nhnioirranhera and
television and newsreel camera-
men to make pictures before the
actual questioning siarted.
The TV films were made lor
later showing. There was no live
telecast of the news conference
The conference opened with a
question asking the President's re
action to a suggestion by Sena
tor Waikins iR.-Utahi. that he in
vite Eisenhower and MacArthur
to a conference on Korean strat
egy. The President said he could not
see any good purpose would be
served by such a conference, but he
said either man would be welco-.nc
if he had something he wanted to
discuss.
Then, referring to a statement
Elsenhower made after complet
ing his visit lo Korea last week
that he had no panacea or trick
solution to ending the Korean war,
Truman said that was a quotation
from one of his own iTruman's)
campaign speecnes.
He said later that he thought Ei
senhower's quoting of him was un-
Maei"
Briefs A, m SC:'W ' JrV '
luTIitw
(Continued from page 1)
shooting.
Did you ever spend a whole day
In business conferences so Import-
nnt that (hev required EVKRY
OUNCR o, co.ieemratlon of which
j "' , ' h?,!" , V
If so. you'll understand how Use-
f n.'"1 constructive a little BREAK
i in the tensions can be. 11 eases
jlhe strain. People LET DOWN and
I ., Uiemselves. AFTER the
break, the serious business goes
on much more smoothly and ef
ficiently as a result of the brief
relaxation.
Put yourself. If you can. in the
position of a group of men uxn
whose shoulders THE FATE OF
AN ENDANGERED NATION
RESTS. Try to Imagine the strain
imposed by such responsibilities.
If you are able to do (hut, you'll
be able to understand the value
of brief breaks In the super-tension
imposed by grave responsibil
ities. I think you'll agree thai even
if the taxpayers paid (or the shells
burned In the skeet shooting It was
a good investment.
Biggest Mail
Shipment Arrives
SAN FRANCISCO W-The larg
est shipment- of mail ever (o
arrive here from hr Far East
was unloaded yesterday from Uie
transport Pvt. Joe E. Mann.
The mall, much of It Christmas
; presents from servicemen, was
iiinur up vi jw.imi (jniKnKlvt nnu
11,000 sacks. It weighed 768 tons.
intentionul.
Asked about a report that the
attorney general of Massachusetts
had said Truman was urged to
sav during the recent campaign
that hr himself would go to Korea,
the President said such a step was
suggested.
But, he said, he rejected the
suggestion deciding 11 would serve
no good purpose and It wouitf De
1 Just a piece of demagoguery.
And he added, with a touch of
I acid in his voice, that Is Just what
it turned out to be.
I Atty.-Gen. Francis E. Kelly of
Massachusetts told the National
Association of Attorneys General
at Sea Island. Ga.. earlier this
week that Truman had rejected a
Korean trip proposal during the
campaign.
Reporters pres-sed Trnman as to
whether he considered Elsenhow
er's trip announcement a piece of
demagogucry.
The President said the announce
ment was a piece of demagoguery
and of course Eisenhower had to
make the trip after saying he
would.
At that point, Roger Tubby, act
ing presidential press secretary,
got up to talk briefly with Tru
man. Truman then turned back to uie
i reporters and said Tubby had sug
aested some good may come out
of the Eisenhower trip.
If It does, Truman said, he will
be the happiest man In the world.
Opan
Friday tvtnliKjf
nrH 9 P.M.
IL tWX hVW ; Humming Bird .. . tjX fJVfkflJ OfJ
s-&c-.. 'j- ctv '
Dance Studio
Denies Suit
PORTLAND A dance studio
said Wednesday that It had never
attempted to make 73-.vear-old Mrs.
Jennie H. Crawlord believe that
she could get a dancing Job In
Hollywood.
Mis. Crawford sued the Arthur
Murray Dance Studio for $5,926,
asserting that studio got her to
spend $62) on lessons lhat would
help her "obtain a belter Position
and possibly employment In a
Hollywood studio."
Marvin Swire, attorney for the
studio, Kaid the studio never made
any reference to Hollywood. What'a
more, the woman had paid only
$400 Instead of 1526, he said.
8wlre said Mrs. Crawford look
about 30 lessons, then became III
and quit. He aald a letter waa re
ceived later nam her attorney, ask
ing cancellation of a contract call
ing for more lessons and $400 more
in payment. The letter also asked
a reiund, Swire aald.
I Court Records :1
IHKTMU'T COt RT
Httrlon M. rinWj, out htadlltfht
rtn
Wrndoll Lavtrn Wood, void for a Lin
llrcmt Tin. $&.
Knwurtl i'hail IUmvII, void for
tien lufiuf lino, 9-1
t-.vrrvti JohtU'ut Mvitonald, no Pl'C
pirti i, rurfoll 91,1 bail.
!tn PmIiuci KnuUtirt, no pfivftt
IHtC jwrnut. r.irfcil 15 boll,
I rani. DomlnU Ntcoh. no prlvsll
Pl'C prmi- Kortetl 15 bill
Hubert tril L'lirk, fait lt!d riht
of w) rntf, 97 90.
KugiMif Wright, carrying roncraUd
weapon. Santfnr. IS riaa and 930 (tna.
MINU1TAL COCftr
Jii$ Valtnrla. drunk. Forfait1 lift
bail
Lftity Jarkum, drunk, rmt, lit or
I". da
Kva Ytr.. drank Tina. IIS.
l)nil Johrmin, U-turn. rint. M
Kralh Htrirhlar, no vahlrla I Irani,
rorftl 1A ball.
Clifton Pullay, drunk, rut. 111 or
Tt da.
Masons Name
New Officers
New orllcers of Royal Arrh Ma
sons, Klamath Chapter No. 36. were
elected and installed last night al
Uie Masonic Temple.
They are:
Albert Ovgard. high priest:
Charles Yorkeland, king: Sanford
8elby, scribe: Jim Stllwell, treas
urer: William Fink, secretary:
Floyd Waddell, C. of H : Edgar
Swift. P. 8.: Joe Thomas, R.C.:
Van Molllson. M 3rd V.; Larry
Bergm.no. M. 3nd V.: Ernsat Wal
lln, M. 1st V.: Dave Hall, sentinel;
Galen Onstad. chaplain.
Installing olflcer was Elvln C.
Phillips; Installing chaplain Hor
ace Geiz: Charles R. Bonney, past
high priest, was Installing marshal.
Phillip served refreshments.
nr. GASPKRI RKKI.KCTKD
ROME Prime Minister Al-
clde de Gasperl was reelected
president of the ruling Christian
Democrat parly's council. The re
election coincided with the start
of the 71-year-old De Oasperl's
eighth year as premier of Italy.
Kv-v Weather ";$
Western Urrgon Showers
Thursday, Partly cloudy Thursday
night and Mlday, Foggy Thursday
night and Friday, mostly In val
leys. Mild temperaturea with highs
of 40 to 68 both days. Low. Thurs
day night 3D to 48. Winds off coast
southerly lo southwesterly 16 In 90
miles an hour Thursday and Fri
day, with gusts to 96 Thursday,
Eastern Oregon Mostly cloudy
through Friday. Scattered light
snow or rain ahowera Thursday.
Fog and drls'le In some areas
Thursday night and Friday, Utile
change In temperature with highs
of 9 to 4 both dnys. Lows Thura
da.v nlglu 30 to
aVanta Pass and Vle.lnlly Tan
sprinkles Willi partial rlenrlng
Thursday afternoon. Fair Thursday
light and Friday except morning
log In valleys. High both days 64.
Low Thursday night 96.
Ity The Associated Press
Jhoura Id 4:30 a.m. Thursday
Mas. Mln. I'rip.
Baker 97. 30 .11
Eugene 64 49 . 1 (I
La Grande 41 37 T
Lakevlew
Medford . 60 41 .61
Nurlh Bend 64 44 ,16
Ontario . 39 in ,13
Pendleton 47 3) .17
Portland Airport ' 60 94 .16
Itoseburg 49 43 .36
Silcm 63 33 .19
Dulse 4H ,VJ .17
Chicago 43 39 T
Denver 63 41
Eureka 6 60 .99
Los Angelea 76 46 -
New York 69 66 .10
Red Bluff 66 60 .10
San Francisco 14 61
fteatlle 46 39 T
Spokane 36 31 .37
!
i ..... .....
iOn The Record s
nirttu
WAI-Kflt- Bnrn to Mr. and Mn
Cliffoitl Walkr. .Wl riint. at Klantaib
Valla Hospital D-. 10, , txu .
Watghl; pound J'a aunrti,
COMPLAINT! U,tO
Barbara Baumgardnar va, Richard
Baumgartlnai . auil lor dlvorea). ctiarga.
(-malty. Coup la ma mail July 14. I'JW,
Band. Or IMainttff ika riuioily tna
minor child. ITS a month, proparty tu
llantfiii t.aorg P roc lor, attornay tor
plaintiff,
Klil Ma MrNahb va t.naid Me.
Nahb. ault for dlvocf. Char go, rrually.
CoupU ma Triad lUpi. 4. IMS. Yakima,
Waih. Plaintiff aakt cuitnd? nf two
minor chtldran by given datandant. ral
tftratlMi of property alllmnt f'lar
anra Kumbl. attornay far plaintiff.
Smiths to Head
County Infirmary
Mr. and Mrs. L.' A. Smith will
jffain become managers of the
Klamath Nuralng Home tcounty in
firmary) Dee. It.
The present managers, Mr. and
Mrs. A. L. MrCulloutli. have re
signed, effective that date, and the
Smiths were appointed by the
County Court.
Mr. and Mia Smith previously
managed the county Institution:
lust before the McCiillougha were
hired last year.
r
ft
W. C. RICHEKSON
Services Set
For Richerson
Waller Chailea nlcherson,' 46.
resident of Klamnlh Falls lor II
vcark, died Dec. 6. as he waa be
ing 'taken from the cab of his
I rem lit engine on a railroad aiding
at Grass Valley. Calif. Death was
attributed U a heart attack
Richerson was returning from a
rruular run to Weed and Dunamuir
when stricken.
Dining his resident- here, he
had been employed by the Lamm
Lumber Co., or 6'j years and lor
the past II years by the Houihem
Paclllc as liteiuan and more re
cently as engineer.
He was a member of the Broth
erhood of Locomotive Knglneera.
Surviving are his widow. Fay
Richerson, Klamath Falls, two sons
Joe, with Ihq artnrd services in
Tokyo, Japan and Charles nf llili
city: a daughter, M's. Bobble C.
Wood, MuiKi-iry. Calll.; two aii-t
lets, Mrs. buile Nlrlsnn, Kingsbur)
Calif., and Mis, Bertha WUson, .
Hanlord, Calll.: a brother. J. D.
Richerson. and bis mother, Mrs.
J. H. Richerson. this city.
Funeral service, will be held
from the chapel of Ward's Klam.
ath Funeral Home. Friday, Dec.
13, 1 10 pin with the Rev. Keith
P. Fields and the Rev. Grady Ete,
officiating Final rites and commit
ment In Klamath Memorial Park.
All members of ilia Immediate
family except the son In Tokyo
and a nephew Jack II Richerson,
aHo In the armed services acre
able to return here for the funeral.
FUNERAL
Rtf fORMl
Punrral tarvirc for Wallar f'NarUa
ftir)irMn. 4V tlin dld bar !), I,
k III Ukf plar frntn lh rhapal nf
Ward Ktamaih ruivaral Hm. W
Migb It. on Prlda, Drr II al
I JO p m , rv KHb P Pialda and
Rv (iradv Kalaa ulfirlaling Commit
man! avrvlra and Inter mnl IB KUm
th Mamorul I'ark.
S2S Mo'" Sf.
In Klamath Fall
(21 N. Central In M.tlford)
v
lo tht loveli.it of hand
roeh.t.d goldi ...
2.95 t; 5.95
I!
I!
If