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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Jan. 11, 1954)
MONDAY. JANUARY 11. lam PAGE FOUR HERALD AND NEWS. KLAMATH FALLS. OREGON NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation 19 '2 Allied Chemical 73 U Allis Chalmers . 45 i American Airlines , 11 American Tel. & Tel. 156 tt American Tobacco 59 'i Anaconda Copper 30 Atchison Railroad 93 Bethlehem Steel 50 Boeing Airplane Co. 46 U Borg Warner 16 Burroughs Adding Machine 16 i California Packing 23 . Canadian Pacific 23 '. Caterpillar Tractor - 48 Celsnese Corporation 19 !i Chrysler Corporation 69 '2 Clt:es Service 18 Consolidated Edison 41 Tt Consolidated Vultee 17 Crown Zellerbach 35 Cuitlss Wright 7 It Douglas Aircraft 79 du Pont de Nemours 104 Vt Eastman Kodak 47 , General Electrio 87 ft General Foods 59 "! General Motors 59 2a Georgia Pac Plywood 11 xk Goodyear Tire 52 3,'a International Harvester 28 ?i Johns MHnville 65 Kennecott Copper 65 Llhby, McNeill . 9 Loew's Incorporated 13 ?i Long Bell A Montgomery Ward 58 '2 Mash Kelv'inator 17 Vi New York Central 18 Northern Pacillc 5t U Pacific American Fish 1 ',i Pacific Gas & Electric 39 "Si Pacific Tel. & Tel. 115 Packard Motor Car 3 Vt Penney (J.C.) Co. ' 76 ,i Pennsylvania R.R. 17 Pepsi Cola Co. 13 i Phllco Radio 28 ft Hadio Corporation 22 ft Itayonler Incorp 26 Republic Steel 47 ;a Reynolds Metals 52 Richfield Oil 48 M SHfcwuy stores Inc. 39 ii Scott paper Co. ' 70 y2 Sears Roebuck & Co. 60 t Socony-Vacuum Oil 35 ft Southern Pacific 38 ft Standard Oil Calif. 53 't Standard Oil N.J. 73 h Studebaker Corp. 21 Swift & Company 43 ft Transamerica Corp. 26 ft Twentieth Century Fox 20 Union Oil Company 39 Union Pacific 1 106 United Airlines 21 ft United Aircraft 45 i2 United Corporation 5 United Slates plywood 24 , United States Steel 39 ft Warner pictures 14 Western Union Tel 40 ft Westlnghouse Air Brake 24 Vt Wcstinghouso Electric 60 , WoolWQrth Company 43 ft LWst CHICAGO LIVESTOCK CHICAGO (1 A very small supply of salable hogs provided the background for a sharp price upturn Monday. Butchers gained 50 cents to $1.25 while sows jumped $1.00 to $1.50. Choice 180 to 230 pouna outcner hogs sold at 526.25 to $27.00, the top. Choice 350 to 550 pound sows brought S21.0Q to S22.75. Salable receipts at 7,500 head compared with 17,447 a week ago and 18,554 a year ago. Cattle generally were firm as salable receipts at 12 major mar kets fell to 103,100 a head against 112,440 a week ago and m.iw a year ago. Steers and neners movea ai steady to 50 cents higher prices 111 active dealings. Several loads of prime steers sold at 129.75 to 131.00 the top, with tne nunc 01 cnoice steers moving at $24.00 to $2(.1i. Utility and commercial cows brought $10.50 to $13.50. Utility and commercial bulls $13.50 to $17.00 and commercial to prime vcalers $18.00 to $28.00. Slaughter lambs were active at steady to 50 cents higher prices Sheep held steady. Good and choice woolcd slaughter lambs were taken at S19.00 to $20.50 with choice and prime $20.75 to $21.75. PORTLAND (.tv-t USD A) Cattle salable 2.200: market uneven; fed steers generally 50 higher; otner classes steady-strong; small lot choice-prime 1,060 lb fed steers 25.00; load choice 1,111 lbs 24.75; load 977 lbs 24.50: 1.177 lbs 24.00: few loads mostly good steers 22.50 23.00; commeruial-good uhorttecis 19.00-21.50; utility low commercial steers 15.00-18.50; good fed heifers 20.00-21.00: commercial-low good heifers 15.50-19.50; utility 12.00- 15.00; canner-cutter cows 8.50-11.00; shells down to 6.00; utility cows mostly 11 50 - 13.00; commercial grades 13.50-14.60; utility - commer cial bulls 14.00-16.50. Calves 350: mnrkct active, strong, extreme vealer top 1.00 higher; good-choice vcalers mostly 20.00 24.00; prime 26.00-27.00 with one :!35 lb vealer 28.00; good-choice slaugh ter calves 18.00-21.00; ulility down to 11.00; one lot good-choice 496 lb stock calves 20.00. Hogs salable 1,250; market 50 higher; choice 180-235 lb butchers 27.75 to mostly 28.50, few- head 28.60-65; choice 250-320 lbs 2G.00. 21.00; choice 350-550 lb sows 22.50-24.50. Sheep salable 1.800; slaughter lambs 50-1.00 higher; numerous lots choice-prime fed woolcd lambs 20.00-50; good choice lots 18.00 !9.50: good-choice feeder lambs 14.50-15.00. some held higher;, util lty-good slaughter ewes steady at 4.00-5.50. . Fourteen Amendents To Taft-Hartley Law Asked By Ike Of New Congress By NORMAN WALKER WASHINGTON M President Eisenhower Monday asked Con gress to adopt 14 amendments to the Taft-Hartley labor law, Includ ing a provision that workers must vote approval of any strike before it can go into effect. On the .strike proposal the Presl dent recommended1 that before a union could order workers off their Jobs the workers be required to approve the action in a secret, government-held election. Eisenhower's proposals contained some changes suggested by man agement and some asked by labor. Among the presidential propos als was one that would give states more jurisdiction in labor disputes. Others would require employers to submit non - Communist affi davits as well as union leaders, and would remove some of the present restrictions against union boycotts and strikers. Eisenhower called on Congress to make a "thorough study" of union welfare pension funds "with a view of enncting such legislation as will protect and conserve these funds for the millions of working men and women who are the bene ficiaries." There have been numerous sug gestions from management and Congress members that such funds should hnve public supervision, similar to insurance regulations CHICAGO GRAIN CHICAGO Iff) Grains sUsed a filight rally In quiet dealings on the board of trade Monday follow ing President Eisenhower's farm policy message to Congress, me rally enabled oil cereals ex cept corn to wipe out early losses and corn got back to around the previous close. Soybeans led the upturn, saining a couple of cents at one time. Wheat closed Ti-1 ft higher, March 2.09 y8-2.10; corn unchanged to iv lower, March 1.54; oats ft lower to 1 ft higher, Mnrcfi 10 rye 1 V to 2 cents higher, March 1.21 Vt ; soybeans H to 3 cents high er, Jnn 3.06 -3.07, and lard 17 to 50 cents a hundred pounds higher, Jan 17.42. WHEAT Open High Low Clone Mar 2.09 2.10 2.08 'i 2.09 Vt May 2.08 2.01) ft 2.07 ft 2.09 Jly 1.09 '2 2.01 1.99 2.00 1b Sep 2.02 ft 2.03 2.01 ft 2.03 PORTLAND GRAIN PORTLAND lPl Grain unquoted. Monday's car receipts: Wheat 22; barley 4; flour 10; com 4; oats 4; mill feed 17. Tule, Merrill Dance Slated MERRILL A penny for Tule lake, a penny for Merrill for each yea; of your ago with a mini mum charge of 25 years or 50 cents. That Is Ihc admission set for the March of Dimes benefit square dunce to be held Wednesday, Jan. 13. at Moose Hall In Merrill. Dancing begins at 0 p.m., with plenty of Klnmath Basin callers ex pected to be on hand In response to Invitations to participate. The dance is being sponsored by the Merrill Order of Moose, pro. cccds will be divided equally be Iwcen the Merrill nnd Tulelnkc March of Dimes drives, as has been done In the past. Two Moose members will be on hand at the admission booth to act as "He detectors.' Home Sold, But Owner Now Missing Whereabouts of James W. Over. turf, resident of Klamath Falls for several years, Is being sought by a local realtor. John Argetsinger, who sold a house for him and can not deliver the cash. o erturf left here about two jours ago for Madras where he wu employed by the Oregon Btatc Ul'.liway Dept. lj tiers came regularly Irom him lir a time but recently answers f -m to that address have been re. erred. Hie home Is located at 3115 ".oht'dman Street. . A.iyone knowing the present ad' i s of the family Is asked to noli iv Argetsinger. Police Push Probe Over Death Case A Portland gunman, who police say was out for a "fast buck" via the st.ck.up route was held in the County Jail Monday on an armed robbery charge while authorities completed their Investigation of his partner's death in a rooming house shooting affray. Dr. George H- ADler, county cor oner, Issued a statement In which District Attorney Alderson concur red In which he said no Inquest was held necessary in the slaying of Edwin Coyle, 31-year-old Port land stonemason, by City Police man James o Ncal. I Dr. Adler an Id after a pout mm- tern examination that officer O'Ne should be commended for doing his dlty. The coroner also said that nt the time' O'Neal was forced to shoot Coyle, the gunman was In a posi tion of combat. Other findings at the coroner's Inquiry were: The vicLm still had a gun clutched in his hand after he fell in the hallway of a rooming house at Spring and Elm streets. The slain man whs Interrupted In the commission of a felony. The decensed was warned to put up his hands. That the ollicer Involved de serves commendation for carrying out his duties in ihe face of dan gerous odds. Raymond J. Bod met, 28-ycur-om Portlander, who is alleged to have participated with Coyle In the rooming house holdup, Monday re tained Attorney Ben Ootulard. God dine! declined to discuss the case. Bodlnct is held In Jail In lieu ol $15,000 bond pending further action by the grand Jury, In the meantime, two women who says they were bound and gagged by the bandits are held In the County Jail under (1,000 bond as material witnesses. District Attorney Frank Alderson. who filed the charge against Bo- dinet. said he will make a formal statement concerning the case la ter. The shooting of Coyle occurred last Friday alter police were called to the rooming house where It was reported a holdup was In progress. Elizabeth Caldwell, Negro maid In the rooming house was also bound and Ranged bv the bandits. She freed herself from her bonds nnd ran from the rooming house. She reportedt the holdup. 1st National Releases '53 Figure Year-end statements of condition figures released by the Klamath Palls Branch of First National Bank of Portland show that on De cember 31, 1053, deposits at the branch wore Jl(i,50!). 504. 81 and loans were $11,443,640.20. Announce; ineiit of the totals were made by B. H. Tisdnle, manager of the local branch. Released at the same time were comparable totals for the branch for December 31, 1952. On thnt date, deposits were $17,638, 942.09 and loans were $12,762,430.42. Figures released by M. E. Shan-1 non. manager of the South Sixth ; Street Branch, on Dec. 31, 1953 j were deposits $2,038,078.40 and I loans $1.292.488.81.. . Figures released ,by M. F. Shci ton, manager of Merrill Branch, on December 31, 1053 were deposits $2,368,680.40 nnd loans $1,650,440.97. Comparable figures for December ; 31, 1052 were deposits $2,797,761.02 and loans $2,410,325.53. Further figures show that on De cember 31, 1053, deposits at the First National Bank of Portland and its 40 statewide offices were $589,047,433.24, loans were $301,022, 354.37 nnd resources were $646,160, 026.67. In releasing the figures, C. B Stephenson, president of .the bank, reported that deposits and resourc es were down slightly over a year ago, and loans were up over the same period one year ago. Over December 31, 1052, deposits drop ped $2,748,189, resources were down $833,368 and, loans Increased $2, 207.677. Also released at the same time were figures for the First National Bank group, consisting of the First Nntlonal Bank or Portland and Its 49 statewide banking offices and 15 nlfillated bunks with 18 offices. On December 31, 1053 deposits for the group worn $728,104,030, loans were $358,387,2B0 and resources- wore $798,I43,B46, These figures repre sent a decrease over December 31, 1052 of $1,720,758 In deposits, an In crease of $2,441,480 In loans and ah Increase of $810,671 In resourc- now In effect. The President reiterated his con viction that the Taft-Hartley act Is "sound legislation." But he said experience gained during the sev en years the law has been in ef fect, indicates that changes are needed "to reinforce its basic objectives." The President's recommenda tions appear to steer a middle course between the expressed de sires oi labor and management, The proposal for a pre - strike poll of workers Is not without pre- ceaent in American labor law. The Smith - Connallv act of World War II required assent from workers before they could legally go out on strike. In suggestion the adoption of this provision as part of the Taft -Hartley act. Eisenhower said: "mere Is nothing which so vitallv effects the individual employe as tne loss of his pay when he Is called on strike. "In such an Important decision he should have an opportunity to express his free choice by secret ballot held under government aus. pices." In his discussion of welfare funds, the President noted that the law now bars an employer from making payments to a union to help finance such funds unless the fund meets certain standards. But Elsenhower said these standards are not adequate to pro tect and conserve these funds that are held in trust for the welfare of individual union members. In his 2,500-word message the President expressed his hope that the changes he suggested "will be enacted by Congress promptly, for they will more firmly establish the basic principles of the law. Elsenhower said: , i Government should continue to search diligently for sound meas ures to Improve conditions of the Moose Set Square Dances Mr. and Mrs. Edwin Johnson of the Loyal Order of Moose and Women of the Moose will take over the square dances 'being held at Moose Hall every Monday at 1:30 p.m. All who enjoy dancing may attend and teen-agers are invited. The College of Regents, Women of the Moose, have resumed their card parties. The first game of the series started Jan. 8 and will run in six weeks series. Games will be played every Friday at 2 p.m. The potlucks will begin Friday Jan. 10 at 6:30 p.m. and will con tinue on the last Friday of every month. Irene Hamel will be chair man and will be assisted by her Committee. Dancing every Saturday night to the music of Bennie Lofisgaard at the drums and electric guitar. Bev erly Evans at the piano, are en Joyed by members and guests. Extension Classes To Be Offered Two extension division classes that will earn college credits and six adult education classes without credits will be taught during the rest of this month and early Feb. ruary at Klamath Union Hitfh School under direction of the ex- tension division of the University of Oregon. Registrations are open tonigni, 7-9:30 in room 215 for a class In audio-visual aids. This class, cost ing $18 lor 10 weeks study, will earn three hour credits. Joe La Clair Is instructor. The second credit class in wood working, earning 1 hour, will be taught by Francis Scapple. Regis tration Is scheduled for Tuesday, Jan. 12, 7-9:40 p.m. Cost is $18. Adult education classes also run ning 10 weeks and registration riatps include: painting toll, water and other media) taught by Gordon Kensler, register Wednesday, Jan. m in nt Frpmont school. 7 9 p m. All others are at KUHS. For further information J c. ir.u u-.,.,nrt rutins Mon-1 2-2584. lH day, Jan. 25, room Dholocraohv. (beinni. l KUHS. Tuesday, Jan. lo i- silver work in jewelry, RuJ rnom 323. KUHS- tw.11.- , -cep AoAT Jnn. 9rt t-nnm In . 1 p. in.; y j"is. ueorge R.J Wednesday, Jan. 20. kJt KUHS, 7-9 p.m. All adult education claauJ ss fees. C,H Typing, business machir,.. chine shop and shorthand, given at later dates if jJJ- sufficient. rr-. . UJi ike 6Uaifi If. IUKTIIK BECICER Born to Mr. and Mrs. Robert Becker, Jan. 9 at Klamath Val ley Hospital, a bov weighing 6 lbs. 3 nz. THOMAS Born to Mr. and Mrs. Kcilh T ho man, Jan. 9 at Klnmath Val ley Hospital, a boy weighing 5 lbs. 14 CUNNINGHAM Born to Mr. and Mrs. LaMarr Cunningham, Jan. 9 at Klamath Valley Hospital, a girl weign- Smith, Jan. 10 at Klamath Valley Hos- puai. a Ein wen ding in . iz-'i oz. BUTLER Horn tn Mr inH Mn Raymond Butler, Jan. 10 at Klamit'n I valley Hospital, a girl weighing 6 lbs. 12' a oz. W1SECARVER Born to Mr. and Mrs. Lewis Wisccarvcr. Jan. 10 at Klamath Valley Hospital, a .girl welgh Ing 5 lbs. Rja oz. that conditions nnd standards of employment change as the prod ucts, habits and needs of men and women change. ','It will be continually a chal lenge to government to sense the Inspirations of the working people of our country, that all may have the opportunity to fairly share In the results of the productive gen ius of our time, from which comes the material blessings of the pres ent and a greater promise for the Working men and women, mindful future." TUES.-WED. SPECIALS POTATOES 10-lb. White Window Bag ORANGES Sweet Floridas lb. 29 5 Grade 'AA' Large EGGS CAKE MIX doz. Pkg. 62e 29c Swansdown - Yellow, Choc, While SAUSAGE 49 Swift's Brookfield - Bulk BACON - 33 cs. TYOUR FbB- S-.-the Worth More Car declares a Dividend rwf .tWeathervii Minuter. Ornnni, MnsM cnntti. through Tucsdiiv with considerable I valley log or low eluudlncss during night and morning hours; coolcr Monday night. Highs 42-48; lows 26-36. Winds along const northeast erly, 12-22 111 p.h. Eastern OroRon Partly cloudy Monday nli;ht and Tuesday. HiKhs 30-38; lows 12-25 except nbout 5 In hidh valleys. Orants Pass nnd vicinity Fnir throuuh Tuesday wllh pntches oi vnltey loir at night. Hlith Monday 48; low Monday night 28; high Tuesday 46. Northern O a 1 1 f n r n I n Fair through Tuesday; cooler in extreme norlh Monday night. Winds oil coast northerly, 12-25 m.p.h. Mon day night and Tuesday. By TIIK ASSMM'IATKD PBKSS 24 lieurs to 4:30 a.m. Monday Max. Mill. I'np. No car in the low-price field has ever offered so many "Worth More" features as the '54 Ford. In addition to all the features that have already established Ford as the "Worth More" car, you now net a host of brand new dividends. These include a choice of two new deep-block engines, most modern in the industry . . . new Ball-Joint Front Suspension, greatest advance In chassis design in 20 years . . . beautiful new interiors . . . and styling that will make your heart beat faster. CHICAGO POTATOES r. tlCAOO Ifl PoUtoes: Arrl. v is 312; on track 304; total U.S. b- ipments lor Friday 1.031: Satur ir y 764; Sunday 25; supplies mod- Me; demand good: market about ndy: Colorado Red McCluret I ' 4S; Idaho Russets 13.25-50, L kora M 45; Minnesota. North Da k ,ii Pontlacs M J5-50. IDAHO FALLS POTATO! S IDAHO PALLS 11 lUSDAi - Potatoes; Market Inlrly steady; Russets. No. 1A. 3-ln. minimum, 16-20 per cent 10 oi. and larger. 1.75-90, 25-30 per cent 10 ox. nnd larger, 1.90-2.05; No. 1 extras, 2.05-15. WE GIVE SiH GREEN STAMPS KC PAINT STORE 320 Klimath Av. Bend 32 27 .19 , Eugene - 44 31 Xlumalh Falls .. 36 30 . .02 : Lakevlew 39 32 .02 Medlord 50 39 .02 Newport 53 33 - North Bead 55 38 Ontario 38 30 T Pendleton l .11 32 .01 Portland (Alipoill 50 31 .03 Rosebuig . 47 39 .04 Salem .. 4 32 Boise, 38 29 T Chicago 37 18 Denver 33 12 Eureka 52 41 .39 Los Angeles 60 45 New York 41 14 Red Blulf 63 42 San Francisco . ... 53 48 .49 Seattle 44 34 Plus live optional power assists you might find only in America's costliest cirs Masttr-Guidt power sturlng docs up to 73o of your steering work fur you , . . makes parking a pleasure. Swift Surt Powtr Brakts do up to one third ot the work of stopping for you! Stop and go driving is easier. taw-lift Windows open or close smoothly, silently, electrically at the touch of a button. 4-Wty Powtr Soot goes up or down . . . forward or back at a touch of the controls. Fordomotic Drtvt combines smooth ness of a fluid torque converter, go" of automatic gears. Mt extra cttst. The new130-h.p. -BLOCK OVERHEAD VALVES "V V1ia.J1rT..W ' The new 115-h.p. ii-biocke i HIGH-TURBULENCE COMBUSTION CHAMBERS SHORT-STROKE, LOW-FRICTION DESIGN OVERHEAD VALVES WGH-TUKBWENCE COMBUSTION CHAMBERS SHOW-STROKE, IOW-FRCI70N DESIGN DOUBIE-DECK INTAKE MANIFOLD DEEP-CAST "V-BLOCK 4-PORf INTAKE MANIFOLD DEEP-CAST T'-BIOCK Naw Ball-Joint Front Suipontlon This revolutionary new suspen sion allows greater tip and down whirl travel for a smoother ride. Helps keep wheels in true align ment for eonsistentlv easv han dling. Lubrication points are cut from sixteen to four. The greotest engine advance since the original FORD V-8! Twenty-two years ago Ford introduced tO the low-nriro fir.lrl a-fir,An...,l,-h, mlt. HIE AMERICAN 'KOAD cision-engineered V-8 engine. This basic design quickly established a new stand ard of performance for low-priced cart. And now, with its 22 years experienco in building over 13,000,000 V-8's, it if only logical that Ford is first in its field to introduce a brand new tvpe of V-8-the Y-block V-8 . . . together with the most modern Six in the industry-the new and advanced I-block Six. Mote than 'ever... THE STANDARD for 1954 FORD Fiery.pricklyitch ( Common Skin Rash Pon't lUnd uch (ormtnt tny lontfrt IuM jmooih Hftiaol Ointrntnt on vour irrmtrd ikin at entt St how qutfklv iu 0 euvt mcdicAtiona combined i Jaw bring imiuU taftftng rtbet. Test Drive tho 54 K)RD,..ftrf BALSIGER MOTOR CO. PHONE K YOU CAN Bl SUREVITH AN USED CAR'FROM YOUR FORD DEALER MAIN AT ESPLANADE
