Herald and news. (Klamath Falls, Or.) 1942-current, December 29, 1952, Image 4

Historic Oregon Newspapers

Herald and news., December 29, 1952, Page 4, Image 4

Image provided by: University of Oregon Libraries; Eugene, OR

About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Dec. 29, 1952)

Prev Page of 16 Next Prev Issue Next Text PDF JP2 (2.8 MB) Clip/Print Image

Return to Top

Prev Page of 16 Next Prev Issue Next

Newspaper Page TextpAgr four TIERALD NEWS. KLAMATH FALLS. OREGON MONDAY, DKCKMBKR 21). 101.3 f'MARiEfS:XNDFINAKIe Stocks WALL 8TBKKT ' NEW YORK I Automobiles neie licnvily traded t h I g h e r prices Monany In n generally ad vancing Mock niurkct. An a general rule, gnlns were held to tractions, but Uiere were tome glittering exceptions. Volume, came , to an estimated 1,800,000 shares. Ne York Storks Bv The Aso'liilcd Presa Admiral Corporation ... 30 i Allied Chemical . ' 'j Allls Chalmers ; - ..s3a American Airlines i 14 3i American Power k Llsht American Tel. 4; Tel. 18 S American Tobacco . 63 S Anaconda Copper . i l Atchison Railroad - '- ' H'l BcthleUrm eel ' 5S Boeing' Airplane Co. u ", , .0 Borg Warner 80 V Burroughs Adding Machine 16 l CalllorniH Packing 37 3t Canadian Pacific 33 lt Caterpillar Tractor 65 ralnnesn Corporation 37 Chrysler Corporation 85 ai Cities Service 'i Consolidated Ed'son 38 ai Consolidated. Vultec 20 '; Crnwn Zellerbach Curtixs Wright 8 H Douglas Aircraft 6-1 duPont deNemours 95 J Eastman Kodak 3 S Emerson Radio 13 General Electric 71 General Foods 52 'a General Motors ' Georgia Pnc Plywood 17 Goodyear Tire 52 H Hcmesiake Mining Co. 38 International Harvestc 32 4 International Paper 55 4 Johns Manville 74 4 Kennecott Copper 78 Libbv. McNeill 8 4 Lockheed Aircraft 22 4 Loew'j Incorporated 12 4 Long Bell A 24 Montgomery Ward ' 60 4 Nash Kelvinator 22 H New York Central 22 H Northern Pacific .' 81 V4 Pacific American Fisb 12 4 Pacific Gas & Electr 37 4 Pacific Tel. Tel. 115 4 Packard Motor Car 5 4 Pennev (J. C.) Co. 9 4 Pennsylvania R. R. 23 4 .Pepsi Cola Co. 11 4 'Philco Radio 34 Radio Corporation 28 Rayonier Incorp 34 Rayonier Incorp Pfd Republic Sieel 46 4 Reynolds Metals 53 4 Richfield Gil 64 4 . Safeway Stores Inc. 34 4 Scott Paper Co. 57 .' Sears Roebuck ti Co. ! 59 Bocony-Vacuum Oil 38 . Southern Pacific 45 4 Standard Oil Calif 59 4 Standard Oil N. J. 78 Studebaker Corp. 39 4 Sunshine Mining 8 4 Swllt A Company 34 4 Transamerica Corp. 26 4 Twentieth Century Fox 13 4 Union Oil Company - 40 4 '. Union Pacific 115 4 United Airlines 29 4 CIIH ACO tiKAIN CHICAOO 11 A mid-day selling squall dropped all contracts 01 wheat, oats and rye "to new sea sonal low ground on the board of trade Monday. A couple of corn contracts also made new lows. Prices rallied from their lows, but did not aei back to Friday's closing levels. Some buying by ex port houses in wheat helped. The united tviugaom and Holland eacn purchased two cargoes of hard wheat. ' Wheat closed 1 4.1 i- lower. March S2.32 4, corn unchanged to 4 higher, March $1.63 4. oats 1 4-1 4 lower. March 81 4-4. rye 1 to 1 4 lower. May U.91 4-4, .soybeans. 4 lower to 4 higher. January 12.99 4-4. and lard 3 cents lower to J cents a hundred pounds higher, January 89.85. - Wheal ' ' Open lllih Low Close 5 33 2.34 4 3.31 4 3.32 4 2.37 4 3.39 S 2.35 4 3.36 4 3 38 4 2.38 4 3.36 4 2.36 4 S.39 2.41 2.37 3Jd iOn TiSe Record Mar May Jlv Sep PORTLAND GRAIN PORTLAND t-fi Coarse grains unquoted. Wheat tbidi. to arrive market, basis No. 1 bulk, delivered coa?;: Soft white 2.38 's: soft white lex cluding Rexl 2.38 ?; white club 2.38 i3. Hard red winter: Ordinarv 2.43 'j: 10 per cent 2.43 y. 11 per cent 2.43 j; 12 per cent 2.43'a. Hard while baart: Ordinary 2 61: 10 per cent 3.61; 11 per cent 3.63; 12 per cent 3.63. Today's car receipts: Wheat 63: barley I; uour u; corn ; oats mill feed 11. Livestock it:: Potatoes .. KLAMATH SHIPMENTS ' 1951-52 1952-53 Dec. Z7 Truck Rail - CI 41 -11 i 50 36 1127 1061 . 181 179 - 946 882 .Milt 4238 - 971 730 4112 3508 Ar- Truck Rail Reason to date . Truck Kail i-.. . CHICAGO POTATOES CHICAGO i Potatoes rivals 177. on track 284: total U. S, shipments Wednesday 539, Thurs day 7. Friday 387, Saturday 567, and Sunday 21; supplies moderate; demand moderate; market slightly stronger; Colorado McClures M.40 60; Idaho Russets $5.25-40, utilities S3. 50-60: Minnesota-North Dakota Pontiacs 84 50 washed. Yacht Club Slates Dance The Klamath Yacht Club New Year's dance for members and guest atans at 10 p.m. Formal for women, and optional for men. Music will be by the Pete Colley Trio. Special favors and nolsemakers for celebrants win be furnished by the club. A bulfet supper will be served after midnight. Obituary rowi.r Grarie L. Fowler, 76. natlv of Am Hy Kai., and resident of Klanuth J'alll lor fix years, died here Der. 27, 1952. Survivors include: two brothers, T W. Horue of. Tulelake. and E. E. Hoeue. Ketchikan. Alaska. funeral ervlres took place from the chapel of Ward's Klamath Funeral Home. 625 High, Monday, 4 pa., Leland Parsons of the Dawn Bible Student Associa tion, Salem, officiating. Interment will take place in the Greenwood Cemetery, San Diego. STOCKTON tl tUSDAl Cattle 600: active on slaughter classes: prices strong-1.00 or more higher: forced market on light supply; no early sales on several shipments stocker cattle: good-choice 825 lb fed heifers 25.00 with 10 lb mud shrinkage: several packages utility cows 13-50-16.00; canner-cutter cows 11.00-13.00: shelly canners 7.00; utility-commercial bulls 17.00-20.00; lightweight cutter bulls 14.00. Calves 100: active, luliy steady- strong on all classes; commercial choice slaughter calves 22.00-25.03; good 460 lb stock steer calves 23.00; good heifer calves 22.50. nogs 3m; no early sales. CHICAGO LIVESTOCK CHICAGO IP Hogs lost 25 to is cents a nunarea pounds Monday, compared with Friday's levels, un der the weight u the biggest sup ply since Nov. 28. isoo. Trading was fairly active, however. Cattle proved steady to 50 cents lower but sheep failed to set a market on a supply going back to Jan. 3, 1949. for comparison. Butcher weight holds sold from 116.50 to 818.75 and cows from 814.00 to 815.75. Choice and prime steers ranged Irom 828.00 to 837.50 and good and choice heifers irom 822.00 to 828.00. One load of high-choice heifers topped at 831.50. Cows were 816.50 and below, bulls 820.00 downward, and vealers 830.00 and under. Demand for slaughter lambs and yearlings was weak in early hours. Estimated arrivals Included 24. 000 hoes. 20.000 cattle. 500 calves and 9,000 sheep. PORTLAND LIVESTOCK PORTLAND UPi IUDSAI Cattle salable 1.500: market un even, around 30 loads fed steers and hellers available: market mostly 50 cents lower; cows scarce, generally 50 cents to 1.00 higher; part loads mostly choice fed sleers 26.25-50: load 997 Jb 26.00: several loads high good and low choice steers 24.00-25 00 including 1180 lb at 25.00: low good .sleers down to 22uu or oeiow: lew utility and commercial grades 15.00-20.00; lew loads good and choice led heifers 22.00-50; utility and commercial grades 14.00-19.00: canner and cut ter cows largely 10.00-12.00. few to 12.50: utility cows 13.00-16.00, young commercial cows to 17.00: com mercial bulls 18.50-19.00: one 2650 lb Holstein bull 21.00; utility bulls mostly iD.uv-ia.uo. Calves salable 125; market fully active, steady: good-prime vealers 26.00-30.00: good slaughter calves 20.00-22.00; commercial 18.00: med ium stock calves 17.00-18 0: good- choice Blockers scarce. Hogs salable 1.000: market active; mostly 50 cents higher: choice 180-235 lb 20.00-50: 250-300 lb 18.50-19.25: 150-170 lb 18 50-19.50; choice 350-550 lb sows 16.00-17.50; few under 300 lb 18.00. Sheep salable 300: market ac tive; mostly 50 cents higher on slaughter lambs "d ewes; good and choice woo'-, a lambs 19.00 20.00; few choice and prime 20.50 21.00; good and choice feeders scarce but demand narrow: good and choice slaughter ewes 6.00-7.00. mar hi NKWTON Born to Mr. and Mrs. Fred New ion, Idas Mamanlla. at KUm ath Valley Hospital Uec 1, I.VJ, a boy. Weight: 4 pounds I2 ounces. PEARSON Born to Mr. and Mrs Leon Pearson, Box 543, Chiloqutn, ure.. at ixiemain valley nospliai Ui la. 1952, a girl, Weight; pounds h wunres. NKLSON Bom to Mr. and Mrs. Truman NeUon. 14 Mandate, al Klamath Valtay Hospital Dec. 28. 1932, a Bin. weigm: r pounds 19 ouncea. KKNSI.EK Born lo Mr. and Mrs. Carl Kensler. Chiloqutn. Ore., at Klam alh Valley Hospital Dec. 2, l5, a boy Weight: T pounds ks ounces. BKKUK Born lo Mr. and Sirs. Dal las Ueebe, Route I Box aw, Klamath Falls, at Klamath Valley Hospital Dec. as. Ift52 a girl. Weight; T pounds tu's ouitcet. COLLIER Born to Mr. and Mrs. Wil liam Collier. 500 Jefferson, at Klam ath Valley Hospital Dec. S8, 132. a gjrl. Wrighl: pounds 101 ounces. POWELL Born lo Mr. and Mrs. Marshall Powell. l Wlanul. al Klam ath Valley Hospital Dec. 17. I5, a boy. Weight; pounds 4 ounces. WAITE Born lo Mr. and Mr.. Ernest Waits. S7.1 California, al Klamath Val ley Hospital Dec. 17. 1U2. a girl. Weight: 7 pounds 10t ounces. GILLISPIE-Born lo Mr. and Mrs Louis Gtllliple, 9003 Wantland. at Klamath Valley Hospital Dec. 7. IS.VI, a boy. Weight: 8 pounds 11 ounces. WALLER Born lo Mr. and Mrs. Ha.kell Waller. 3774 Butte, al Klamalh Valley Hospital Dec. 21. 19&2. a girl. Weight: pounds II ounces. SKlLLlNCSTAiy Born to Mr. and Mn. Marvin skllllntslad. Box 5U, M.ilin. Ore . at Klamath Valley Hospi tal Dec. 27, 10.13, a girl. Weight: T pounds I ounce. WILEY Born to Mr. and Mrs. John i Wiley. Tulelake Federal Prifton Camp, luiriase, i-aiu.. at rviamain valley Ho.pllal Dee. in. 131. a boy. Weight: 4 pounds 14 ounces. M S.RRIAUE 1.11't.N'XE HEILBKONN'ER . CALFEE. Charles Frank Hetlbronner. 22. U. S .Air Force. Native ol Oregon, resident ol Klariath alls. Beverly Jean Calfee, 19. bookkeeper. Native of Washington, resident of Klamath Falls. ESTATES PROBATED WARD. Minnie E. died Dec. II. 1B32: estate valued at not exceeding S25.000: will dated Dec. 22, t43. Wi. liam Kuykcndall. attorney for estate. ii; no,'," c.eSrV.S committee, before atomic dated April is. lajs Farrena and Max- j generated electric power can be well, attorney for estate. i made cheaoly enough to compete HOSFORD. Leonard V died No. ulth .n.rav IrOm eoal Oil or water 30. 1832: estate valued at S15.000; wlU!1 1 "" lrom coal, on or water dated Oct 7. 1932. Use of Atomic Energy for Industry Due to Be Studied by New Congress It la qiillo ponslblt that England I year the wurld's III at nuclear ill will ahow America the wnv. Ilrl- aloit plant to provide powar for In- tu 111 icpoi'teilly plana to start next 1 dually. (Kriltor'g Note: When WIH the atom be harneaaed for Industry T Will the orrnmenl er private Iniiineai play the major role? The proapeela and problem Involved are dlwuaaed below In the flrat of a aerlea of four article on atomic energy.) Bv STERLING r. GFKKN WASHINGTON i The new Congress may give the atom job in civilian life. wiwin two or inrce years, oiu- ctala estimate, a small pioneer "package" atomic plant could be producing limited quantities ol electric power lor Industry. In live years or less, a large cen. tral atomic plant could be built, generating: energy bv the millions of kilowatts Instead of thousands. and also turning out plulonlum lor atom bombs. But today there art no plans to construct either. Industry Is not ready lo risk millions of dollars of stockholders' money In experimental plants that hold "little promise of profits for manv years. The Atomic Energy Commission la not yet ready to divert the money, or resources irom deiense. These proposals and others, how. ever, are almost certain lo be hei:rd early in ihe nc.v year be fore tile Joint Congressional Com mittee on Atomic Energy. Rep. Carl T. Durham tD-NCi. outgoing chairman, has announced he will ask lor hearings Quickly on uv dustrlai participation in the atomic program, now a government mon opoly. It may require anywhere from 10 to 50 years, according to ex pert estimates compiled In a re port this month by the congres- Court Records 1 S.-.'.. ?. '. v : Osiikv Ml'KiriFAL COl'RT Harold Stcrgron. violation tuaic rul. Forfeit 10 bil Edwin Le Ccrruc, drunk. Fin, til or 7'ji da Edwin Omit, fall stop at scent of acrtd?nL Plead not guilty. Edwin Lec Cerrue. no vvblcle 11 cenc. Plead not guilty. Vernon Ward, no vchlcl l.cna. For feit U bail John Thurman, drunk. Fin SIS or Vt aay. Orvtllt Denny, no brake. Fine, 910. DIMTKICT COI RT Jack Ray mono Raedel, hunting gttmc bird without ticatiM. Fine. S50. Man Returned To Prison Vernon Clifford Johnson. 44, of Chlloquin, la to be returned to the Oregon state Prison to serve some more of a two-year prison semecne Imposd in March. 1951, on a charge of threatening the commission of a felony. His parole has been ordered re voked by the Stale Parole Board. Johnson, a service station oper ator, Is held In the County Jail after his arrest Dec. 14 for being intoxicated. He had served about eight months in prison. power. To shorten the time, officials and Industry experts agree, it probably will be necessary to gain expert ence from the erection and opera tion of experimental plants and prototype reactors. They estimate the cost at five million dollars or more for the little "package" pow er plant end 60 to 80 million dol lars for the large plant that would turn out both power and Plutonium, Pressure Is building up on Con gress and the AEC to break the Ice to work out some kind of In dustry - government partnership which will enlist the driving force of private competition in atomic development. The idea of a per petual government monopoly Is not accepted by AEC, Congress or Industry. The AcC is writing a report on Its vlewa for the proposed con gressional hearing.-. It also cre ated this fall an office of industrial development, with orders to plan for a day when "Industry will car ry on its own a substantial Dart of the national atomic program." The Immediate objectives are limited. Real-life prospects do not Indicate early fulfillment of any dreams of autos which operate for their lifetime on one atomic pill, or cities which are fueled, lighted and heated by an atomic storage oaitery. Where costs counts little, as In matters ef national security won ders are possible. An atomic sub marine is on the way and an atomic warplane may be In the air wllhln a deoade. These could lead to atom-powered ocean liners, air transports and even locomo tives. But atomic reactors are bulky and costly. They present enormous problems In the conversion of heat to power and In disposal of radioactive waste. They must be walled be hind six feel of ooncreto or the equivalent. L. R. Hnfslad. AEC's chief of re actors development. Illustrates as lollowa one flaw In the popular conception ot uie atomic age: Even If the government gave away povvdr generated from the atom, the consumer of electricity could expect a saving of not more than 15 to 30 per cent of his dec- u ic bill. That Is because the reactor Is merely the equlvaeut ot Ihe fuel box and boiler In a coal-fueled nlanl. It nroduces onlv the heal. To make electricity requires heal. transfer equipment tnol yet per fected tor atomic plants i, ttiruinea. generators and the sumo type ol distribution system used In con ventional uower plants. The coal, oil and gns Industries therefore are not quaking In their boots even though uranium re serves contain lo times the energy of U. S. oil reserves and a pound of uranium holds energv equal lo J.COO.ooo tons of coal The utility companies are anxious to see a start on an industrial atomic pro gram. Management of the program re quires unraveling a web of Imal obstacles under the Atomic Energy Act., Industry would like the gov ernment to foot moat of the de velopmental bills. It wants an av sured supply of uranium "fuel" from the sole owner, Uncle 8am. The AEC on Its gide must decide among a host of vital question, whether It now can relax Ita em phasis on military problems suf ficiently lo delve into clvllinn mat ters: whether It can wrile terms under which private Intere-ns are admitted Into an Industry devel oped with public funds: and how to subsidise an Industry which almost certainly will need subsidies for a lime, possibly for a long time. on he tecnnical aide, much ol industry Is no stranger to the atom. Most of the atomic weapons program which as an Industry compared In stale with General Motors or United 8tates Steel is managed by private contractors on a cost-plus basis. Industry s interest in an atomic elertrle power plant has grown and numerous proposals have been advanced. Most of them rely on the fact that a reactor can be built to produce both energy anil a new supply of fissionable ma terial for sale to Ihe giivernmeiil, By paying enough for the littler, the government could, in eflrot, absorb part of Ihe coat o power, Oilier proposals Include: I. An Industry proposal that AUG build and own a pilot-plant reactor, Once it la completed and technical quest long answered. Industry might Invest In a lull-scale plant. J. Another Industry plan, from DOW Chemical Company and De troit Edison Company: That Gov ernment research be continued un til technical problem are solved, whereon "the two companies would like lo build and operaie a ctim-nierolal-alsed reactor plant using private capital and without re course to govei liluenlal funds. " 3. A proposal having consider able support in government and industry: The government would build and own a reactor lo make power and plulonliiin; on the same site, private utilities would build the necessary nicllllles to take olf j ,v ciivihv ami uisiriuuie 11. rsu change lii the Atomic Energy Acl would be needed. 4. Hie "power package" pro posal: This plan, under serious AEO consideration, calls for led- j v.n. ui.iii ublivil 01 n .-.mull JHII In an Isolated area where coiivrn l.oii. l power Is rxcesslvcly high priced. AEC Is now making a sur vey of such mammal Dower areas where atomic energy might be competitive, 3. The all-government approach: AEC mtiiht build Ihe first nlanl and generate power for Its own use. The atomic program, far Irom adding to Ihe country's power capacity, next year' will be con suming 3', per cent or all power produced. 6. The foundation Drotwsal: Ad vanced by a former AEC member. tils plan suggests that private foundations pool their funds to finance an atomic power plant for developmental purposes. 7. me oiisiiore proposal: An atomic power plant might pay Us way in countries where electricity costa more than In the Untied Stales; several have suggested that 1 Point Four appropriations might be used to otiiio a pioneer reactor in some underdeveloped country. Annual New Year's Eve CAG1NIVAI DANCE Wp mi MAUN Wed. Nite-Dec. 31 Dance Dance the old the year out, new year in to Ihe mutlc of ELMO HAUGH i AND HIS ORCHESTRA A little band with biq rhythm" DANCING 10 'til 2 Admission 1.20 per person Free Hart end Noliemakeri I BACK IM OREGON vvtcsys. is poof ,4'0,2M natai ami niiiui. m atsairni.it irmttt Wonderful Way to f f0l and SU TixR Steel Building For Commercial or . USE. Industrial Straiqhr Side Wolli Use All The Space You Pay For! 42S SPRING HEATON MACHINE AND SUPPLY Ph. 2-3427 Schools Back In Operation Klamath Falls and Klamath County schools took up classes to day after a one-week let-off tor Christmas. City schools get a one-day va cation again this Thursday for New Yeara Day. then return to regular schedules on Friday. County schools, on the other hand, leave school Wednesday and don't return until the following Monday. Oregon Technical Institue la still on vacation, with classes taking up Jan. i. Hans Norland Fire Insurance. (17 Fine St. 0 Ctntuii rrBf Imr every need Ca.ne.lfte lle r kBNilcal ImlrameMte rear kil.vli dealer lif) Ma lta Mala Annual Elks New Year's Bail Elks Lodge New Year's Eve Muiic By Oregon Hill Billies Noisemakers Dancinq 10 'til 2 Elks and Ladies Only Adm. $3.50 Peer Couple 9 the Sunny Southwest Vat-- 9 emit a i IWAb.' c . ; I "la"l B w- m J ,' . ' . I t assagai ajji -r lf'- r.' f -" .'All.- U&ul sssra.. -s -N.yW THf KRENGtX Made fret apeeafli ef latahe, Mwee I arawa at Ms ngafeoiarte hargaelM, y, ...i.s. s-at They )! Mw Kotaloaa. eeek iwit aha Lw m shake off the son gag gossr tfiassi InW eMmer easstppetl tracks fee seeking er Baling laeae. a mm. IMe ayatem at eenTeyan aiul rakber rellan gtatrsr the stteos kite and est ef Use trsMke wHtwat raising'. Traetor-Dgawai , . .sMf-Pewered. ORDER NOW FOR DELIVERY BEFORE 1953 HARVEST Both the harreglera an4 the trark Wea are kullt eti order. Order yeara early eneagh U ttiaerg sMlTafr for neat fall's harragt, OKDr.R DIRECT FROM , KRENGEL MACHINE CO., Inc. 211 3rd Arenue So. Twir, FalU, Ide. vFi' 't yt'-v i Potato Harvester 4,000 SACKS A DAY ot a cost of LESS THAN 14c A HUNDRED LBS. FROM HILL TO CELLAR 7k SkaStaVaytyJif BY DAY BY NIGHT TWO Or AMERICA'S FINEST streamlined trains artttll tuned up to gtieed you to the gun-drenched ronort n California, Arizona and the Old South. THE SENSATIONAL Shanta Daylight, by day, and the Caxcadn, by night, will whiftk you quickly, comfort ably and economically to a land of palm and orange bloHftoms where you can get a winter tan and a change of acenery that will do you a lot of good. IY TRAiil your trip aouth and back will be a thrilling part of your vacation experience. You'll enjoy push button luxury plug the nt?y' and dependability that our train alone provide. And the coat will probably be leaa than you th''- For.farea, reservation! or Information r- rail agent Next time -try AMERICA'S I uTiitT) 1 aSIP i HOST MODERN TRAIN 0 W. S. McBride, Aqenl Phone 2-2501