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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Jan. 25, 1954)
PAGE FOUR MONDAY, JANTup . HERALD AND NEWS. KLAMATH FALLS. OREGON MARKETS AND FIN ANICi-j WALL STREET NEW YORK Wl Irregularly moving prices prevailed Monday in the stock market Most major divisions of the mar ket were mixed, ond price changes spread over a range of between 1 and 2 points either way. Most of the time the market was higher on balance, but the inclina tion In that direction never was pronounced. Trading was brisk during the rising phases of the session, and it turned quiet when prices stabilized or retreated. Total for the day came to an estimated 1,800,000 shares as compared with 1,800,000 shares traded Friday. : NEW YORK STOCKS I!V THE ASSOCIATED PRESS Admiral Corporation 10 Allied Chemical 75 Allis Chalmers 47 ?i American Airlines 12 A American Power & light American Tel. 4i Tel. , 158 ' American Tobacco ; 62 u Anaconda Copper 31 i,j Atchison Railroad . 08 , Bethlehem steel . 53 ? Boeing Airplane Co. .' 52 Borer Warner ' 78 Yt Burroughs Adding Machine 18 California Packing . 24 . Canadian Pacific 24 Vi Caterpillar Tractor . 49 4 Celanese Corporation 21 Chrysler Corporation 59 Cities Service ' 83 B Consolidated Edison 4 . Consolidated Vultee 20 H Crown Zelterbach ' 38 Curtlss Wright . 8 Douglas Aircraft 95 12 du Pont de Nemours 107 Eastman Kodak 40 Emerson Radio 10 y General Elcctrlo 91 General Foods 58 Oeneral Motors - 64 Georgia Pao Plywood 10 Goodyear Tire 66 Vi Homestaka Mining Co. ' International ' Harvester 30 ' International Paper 68 Vi Johns Man'vllle 70 'A Kaiser .Aluminum , 28 Kennecdtt Copper . ' 68 'a Libby, McNeill , 9 Lockheed Aircraft 28 Loow's Incorporated ... 13 Long Bell A ' ; ' 23 Montgomery Ward 60 Vi Nash Kelvlnator '"" '16 New York Central 21 Northern . Pacific - a 58 Vi Pacific American Pish ' Pacific Gas & Electric 40 Vi Pacific Tel. it Tel. 117 Packard Motor Car - 4 Penney (J.O.) Co. .77 Pennsylvania R.R. 17 Pepsi Cola Co. 14 " Phllco Radio ' 29 Va Radio Corporation . 23 Rayonier Incorp , , . t 28 Rayonicr Incorp Fid Republlo Steel ' 50 m Reynolds Metals 66 Richfield Oil . , 54. 14 Safeway stores Inc',; ,1, r . 40 .Scott Paper Co. ! , . 1' 77 Sears R.oebuck & Co. 61 Socony-Vacuum Oil rv 37 "i Southern Pacific ' : 38 Btandard Oil Calif. 67 Standard' Oil N.J. 77 Studebaker Corp. . . , 20 Sunshine Mining ,7 Swift & Company 44 Vri Transamerlca Corp. 26 Twentieth Century Pox ,- 21 V4 Union Oil Company 39 Union Pacific . 112 Vi United Airlines 23 Vi United Aircraft 49 Vi United Corpoi ation ' ' 6 United . States Plywood 24 United States Steel 41 Warner Pictures 14 Western Union Tel 41 Vi Westlnshouse Air Brake 25 ',4 Westiiighouso Electric 64 Vi Woolworth Company 46 l Livestock pj PORTLAND LIVESTOCK PORTLAND UPI ( USD A Cattle salable 2,150; -market slow, very few sales on predominant supply fed steers; weak50 lower,, most bids 50-1.00 lower; utility and com mercial steers and heifers about steady; commercial cows steady; canner-utllity cows mostly 60 low er with some bids for more; bulls strong; load choice 1.073 lb fed steers 24.50; part load 1,117 lbs 24.00; few lots commercial and good steers 19.00-22.00; utility grades mostly 13.60-18.00;. comer cial cows mostly 14.50-15.50; utility cows 13.00-50; canncr and cutters 8.00-10.50, few 11.00 early; utility and commercial bulls 14.50-18.50; individual heavy bull 17.00. Calves salable 200; market ac tive; steady - strong; good-choice vealers 20.00-25.00; prime grade 27.00-28.00; good and choice 325-500 lb calves 18.00-21.00; good 600 lb stock calves 18.00. Hogs salable 1,100, including 200 bought to arrive; market active, around 25 higher; choice 180-235 lb butchers 29.00-50, few head 29.65 75; choice 250-300 lbs 27.00-28.00; 160-170 lbs 27.50-28.76: choice 350 650 lb sows 23.50-25.50. Sheep salable 1,750; market around 00 lower; choice-prime fed wooled lambs 20.50-21.00: good- choice lots 10.00-20.00; good-choice feeders neld around 15.00-16.00; good-choice slaughter ewes 6.00 6.00, few head 7.00. CHICAGO LIVESTOCK. CHICAGO ln Hogs lumped 60 cents to $1.00 Monday, the top of 321.UU equalling tne 1954 high set two weeks ago. Both butchers and sows Joined me advance, sparked by consid erably smaller receipts. . Salable receipts totaled 8,600 head against 12,000 . a week ago and 13,000 a year ago. Choice 180 to 230 pound butchers brought $26.35 to $26.76 with a few loads and lots bringing $27.00. Buy- ers paid $21.76 to $23.60 for most choice 350 to 550 pound sows with some cnoice light sows command' mg $23.75 or sitghtlv above. Steels and heifers wore steady to 50 cents higher in the cattle section with a tip of $31.60, highest for the year to date, being paid for a load of high prime 1,075 pound steers. Most choice steers Drought $23.50 to $25.50. Salable re. celpts totaled 17,000" head com pared with 20,000 last Monday. uooa ana cnoice slaughter lambs sold at $19.50 to $20.76 with 121.00 to $21.75 paid sparingly for choice and prime offerings. Salable re ceipts in the sheep section totaled 4,000 head against 3,000, a week ago. Sled Tow Proves Big Rec Item The sled tow, considered just an experiment at first, has developed into a sound operation according to Bob Bonney, part, and recrea tion director, and the recreation department has plans for improv ing the facility. The tow operates on the hill at Conger Field, which provides a run of about 800 feet from the top. Bonney said that as temperatures get colder and the snow slicker, it is hazardous to slide from tne top, so at 4 p.m. Sunday, the tow operated, only from halfway up the hill. t The recreation department's ex perience so far Indicates the need for three different funs: one for beginners and very young children, one for the more cour ageous and one for tobagganers. Bonney said plans were being made to smooth out the three runs next summer. The department also contem plates building railings at the top of the hill to help people move from the end of the tow to the sled run, and to help control sleddcrs. The sled tow was made possible by local business men who donated materials, labor and "know-how" to fabricate it. The tow is one of the most recent recreation depart ment projects to come into exis tence. - It was constructed last year but improper conditions pre vented its use. Bonney quoted out of town ski ers are describing the ski run at Moore park as "the finest ski run in the stats with proper snow con ditions." The fact that it is near home, in the city limit, makes it particu larly attractive, according to the recreation director. . Mr. and Mrs, Ed Chubb operate the ski tow, - . , 1 rU-L (Continued from page 1) back in 1346 when English archers on foot met and MASTERED France's armor - clad mounted knights at Crecy. These English archers, using what was then a new weapon, went into battle great ly outnumbered, but when the shades of night fell upon the field of Crecy these outnumbered bow men had defeated and half wiped out their more numerous enemies and England was on her way to dominance of the world. Give that a thought, Monty. May be Ike is the modern Black Prince i who was not afraid of new stra tegic concepts. V . .Grains? PORTLAND GRAIN PORTLAND lift No transactions on grain market Monday. Monday's car receipts: Wheat 15: barley 3; flour 19; corn 4; oats 6; mill iced 20. CHICAGO GRAIN CHICAQO Ifl Soybean futures calling for delivery Inte this year dropped sharply on the board of trade Monday on news of a lower government support level for the 1954 crop. At one time the September and November ' soybean contracts had losses running to more than a cents. This break unsettled the rest of the list, but losses did not run far, and later In the day some grains rallied above the previous close. On the break good support en tered new crop wheat deliveries, which recovered and went to new seasonal highs. It was the fifth straight trading session in which they hnvo set new seasonal peaks. July soybeans also got back above Friday's finish. Wheat closed lower to V, high er, March 2.13,-2.14, corn ?,-(, lower, March 1.6314, oats un changed to 't lower, March 80'.,, ryu'lrlVi lower, March 1.24 yt, soybeans unchanged to 6'i lower. March 3.151',-i.i, and lard 10 to 30 cents a hundred pounds higher, March 16.70. . Wheat Open High Low Close , Mar 2.14 2.16 !i, 2.13 , 2.13 'j, May 2.13 2.14 !j 2.12 2.13 1, Jly 2.05 14 2.0S t 2.05 2.05 Sep 2.07 2.08 2.07 " 2.08 V, Deo 2.12 !i 2.12 1, 2.11 ?i 2.12 Vt Grand Jury Gets Desertion Case Arthur Murphy, 28, charged with deserting his wife and eight chil dren, was ordered held for' the County orand Jury Monday by Dis trict Judge D, E. Van Vactor. His bond was set at $2,000. Murphy was returned here from Kelso, Wash., by Deputy Sheriff Don Hammond. After he dlsapr pcared from Klamath Falls, Mur phy's destitute family became charges of the county welfara de partment. Jury Ponders Ford Case A Circuit Court Jury shortly be fore noon Monday began delibera tions in the case of Ulysses Ford, 27-year-old Negro garage worker, charged with forging the name of Bob Mest, Klamath Falls automo bile dealer, to a $110 check. Ford was arrested last Novem ber by state police, after he was alleged to have attempted to bash the spurious check at Big Y Mark et No. 2. District Attorney Frank Alderson indicated in his closing statement to the Jury that he Is relying large ly on a handwriting comparison made by Capt. Max Alford of the Oregon State Police to convict the defendant. 1 1 Defense Attorney Donald A. W. Piper, in a plea for a not guilty verdict, declared the prosecution is depending entirely upon circum stantial evidence. He added tne state failed to prove that Ford forged the check. Forgery Charge Leads To Prison Howard Harry Moore, 67-year-old itinerant laborer, was sentenced to five years in Oregon state PrlS' on Monday by Circuit Judge David R. Vandenberg after he pleaded guilty to forgery. Moore cashed a check for $33.76 at the J. C- Penney Co. store to which the name of Leonard M. Thompson, Malin former, had been forged, ' Defense Attorney George Proctor urged the court to take Into con sideration the defendant s age be fore passing sentence. Judge Van- '.!v-nbcrg said the defendant's past record showed he did not deserve probation. Potatoes CHICAGO POTATOKS CHICAGO KV-Potatoes: Arrivals new stock 6 on track 6; supplies light: demand moderate; market about steady; no carlot track sales; total U. S. shipments old and new stock for Friday 704; Sat urday 692; Sunday 6: old stock arrivals 251 on track 333; supplies moderate; demand moderate; market about steady; Colorado red McClurcs $2.60-76; Idaho Rus sets $3.40-45; bakers $4.05; Minne sota North Dakota Fontiacs $2.50. IDAHO FALLS POTATOES IDAHO FALLS Wl (USDA) Potatoes: Market about steady; Russets No. 1A, 2-in. mln.. 15-20 per cent 10 02. and larger 1.75-85; 25-30 per cent 10 os. and larger 1.85-2.00: No. 1 extras 2.00-15: Sixteen cities arrivals 902; track 1,310. SAN FRANCISCO POTATOE8 t SAN FRANCISCO Wl (U8DA) Potatoes: 28 cars on track; Calif. 2, Oregon 10 arrived; no sales. LOS ANGELES POTATOES LOS ANGELE8 I (USDA) Potatoes: 108 cars on track: Calif. 20. Oregon 16, Idaho 26, Utah 1 arrived; market steady; Idaho Russets No. I A, 3.75; Deschutes, No. 1, 5-ot. mln., 3.00; Klamatlu. No. 1, 5 os. mln.. 2.WV Funeral DAWS Funcrnl nervines for Frank TJawK. 70. who died In Merrill January 22 will be held from the Merrill Presbyterian Church Tuesday. January 2f at 10 a.m. Concluding services and Interment will be made In Seattle, Washington, Wed nesday January 27. O'Halr's Memorial Chapel Is In charge of arrangements. Mrs. Sergent Passes At 63 Mrs. Laura Belle "Maude Ser gent, known for' her longtime ac tivities in the local Women of the Moose, who served in various of ficials capacities in the organiza tion, died at tne family home, 337 2 East Main Street, early today. She was 63-years-old. Her death fol lowed an illness of several weeks. Mrs. Sergent had lived here for 30 years, part of that time on a farm which her husband operat ed. She was a native of Marlon, Vir ginia and came west as a young woman. She was a member of the Klam ath Falls chapter, No. 467, Wom en of the Moose and the Friend ship Degree of that order. Surviving are her widower: Dave of this city; son's, Ray Haren, Klamath Falls, Fred of Pomona, California, John M., Long Beach and Eugene of Roseburg; daugh ters, Mrs. R. B. (Charlotte) Ash worth of this city; brothers, Dan Cress, Spokane, Bob Cress, Port land and Charles Cress, Calgary. Canada; sisters. Mrs. Kathleen McClure and Mrs. Mary Miller, Spokane; also seven grandchildren and one .great-grandchild. Funeral services will be an nounced later by Ward's Klamath Funeral Home. Drama Guild Presentation Given Here An enthusiastic audience, appre ciative of fantastic comedy and amusing situations, repeatedly ap plauded tho cast of the New York Civic Drama Guild presentation, 'Lo and Behold," In Mills school auditorium Saturday night. The comedy, centered about an Invalid writer, a distinguished, cynical Nobel Prize winner, limit ed by his doctor to a diet of lemon juice and dried toast; a young girl who joined the household and con cocted such delicious dishes, the cynical ate his first meal in forty years; and a handsome M. D. Knowing that the effect of the meal was suicide, the writer. played by Arthur Edwards, willed his estate to the young doctor, but set aside a portion for the per manent upkeep of the home he planned to return to as a spirit. He did, accompanied by a number of other clinging wraiths who threw the household into an uproar. Wendel Mayes gave a splendid performance as the author in hit living and ghostly state. Fhyliss Manning, known to Klamath Falls audiences last year, was. a' riot as the dumb-Dora cook, Diasy Dur- dle, who helped a romance with the doctor, played by Arthur Ed wards, bloom, intervention, by tne ghostly duo, an antique , irmian princess who had been weaving the same basket lor 7U years ana a sea i ter-b rained southern belle shot on her wedding day. . . The play, one of a series of three to be presented nere tnis winter under nuspices of the Business and Professional Women's club was considered by many members of the audience to be one of the best ever given here by the drama group. Two others, "Be Your Age," Feb ruary 20 nnd "Mr. Roberts" which had a long run on Broadway, March 20, will be presented. Tick ets may still be obtained for these last two. Western Oreio n Increasing cloudiness Monday with showers ol snow or mixed rain and snow, in north, spreading to south Monday night, becoming rain showers on coast Monday night and mostly rain showers in the interior Tues day.' High both days 34-14 except 30 in southern interior Monday; not so cold Monday night with low 23- 38. winds oil coast southerly .to southeasterly with local strong gusts Monday: winds will dumnisn slowly Monday night and Tuesday. Eastern O r e g o n increasing cloudiness Monday, becoming mostly cloudy with snow Hurries Monday night and Tuesday; not so cold Monday night. Low Monday night 14-28; high Monday 15-30 and 25-35 Tuesday. Local gusty winds Monday night. Northern California P a r 1 1 y cloudy with light rain Monday night; occasional snow in moun tains. Southerly winds 15-20 m.p.h. along coast. Baiter and vicinity A few snow flurries and rather windy Monday night and Tuesday. High Tuesday 27-32; low Monday night 13-18. Grants Pass and vicinity In creasing cloudiness with occasional snow Monday night and mixed rain and snow Tuesday. High Tues day 37; low Monday night 27. ( By THE ASSOCIATED PRESS 24 hours to 1:30 a.m. Monday Max. Min. Prep. Baker 35 . 8 Bend 30 9 - Eugene 43 29 .03 Klamath Falls 31 -8 T Medford 41 23 T Newport J.... .42 , 33 .06 North Bend' 42 31 .02 Ontario 40 17 Pendleton 40 25 .02 Portland (Airport) 38 - 32 .02 Roseburg 40 22 - Salem 39 28 .04 Boise 35 18 Chicago 35 28 Denver 58 19 - Eureka 44 32 .16 Los Angeles 59 57 1.34 New York 36 35 Red Bluft 50 30 Son Francisco 48 33 .36 Seattle 33 29 .02 Drews Yin Hyer Boot 1953 Awar ,nri T.invd Drew received i .ui- .nmin tmm H. Dean WOfU una HW..WB - r r th r. H. Hver & Sons company, Olatlie, Kansas, that Drews Manstore is wuuici u un i rn,Aar.Binlfi in thnt com utmuuu- pn"i"" " pany's contest which ended Decern- ber 31, 1S3J- The store showed an Increase ol , nAH ar,t in caIpk nf Hvers' cow boy boots in 1953 over the preced ing year, me greuico- mw-na-' shown by any store in Its class in Ihe nation. Its competition Includ ed stores in practically every city In the 48 states whose total sales ol boots amounted to $7,500 or less. Hyer and his father, who visited here last August, were impressed ...uv. tka rtnrpfltinnal asnects in this part of Oregon. His letter to the Drews reao, in pan.-. "We don't have any Diamond nP rin wp hnvn a boat for water skiing, but we can show you how Hyer boots are maoe anu givu you four fine days of entertain ment. " The all-expense trip to the Hyer headquarters, award for. winning (list place in the contest, will prob ably take place sometime in May. Mrs. Greer Drew and Mrs. Lloyd Drew will accompany their husbands. The Hyer line, which has been font, .carl cinrrt lA7i hflK hppn h,. nmtu, Mnntni'p Kinnf. it began operation in 1918. This Is the second time tne store nas won a prize in the national contest, a line watch being tne awara ior me increase that was shown at the end of 1952. TO SPEAK SALEM Wl Gov: Paul L. Pat- i tcrson will speak Monday at a j Chamber of Commerce dinner 'at I aweet Home. Helps Healand Cleat If GIIY ECZEMA Zemo antiseptic promptly relieves itching of surface eczema and skin rashes. It stops scratching and so aids faster healing. Buy Extra Strength Zemo for stubborn cases. zemo Klamath villi. mS...'?".' Inn 6 lba a . '-''ui, s ..J MM.AC-H Born to u. I l-:!?..siSfcl,.v I'Mmr? A 13'. oz. - JkJ SKILUNGSTAD-Bor. . 1 CLINTON b . Clarence Clinton, jirmirj1;' ath Valley Hosnlui "? I IDs. 7 Oz. - - wl tt PRATT Born to v- 1 rick Pratt. Januar? mVM 4 Ity 'Hospital, a do, M4 "... . ''"NIClrAI. n,.. Otto Clnwson, ran r n,h Hi-Y Club To Conduct Meeting The Hi-Y club will it s nnnnfll inriimti . ...muuvk 5er. new members this evening YMCA. C"" r00m Wes Sines is presided club. One nf tho group is to be of service oiiuui uiiu Li IB nnmmiinii,. A group of ten new menitJ io uc jnaiiCLPrt nnri nn- , ujruuein cu .a welcome io attend Tne H1-Y is one phase imon piugram ior hiafi students. Beware Cow From Common U The! HANG OIC Creomulsion relieves promptl? J it goes into the bronchial tyta help loosen and expel teml Ehlegm and aid nature to sooti eal raw. tender, inflamed btl membranes. Guaranteed to pltJ or money refunded. Oeomiiltil stood the test of miliums of tat CREOMUCSI Kllms Cwghs, Oot Citt, Aok) I -At first we thought we could only afford a small, "low price" car.' But then we discovered that Mercury's re-sale value stays so high, that over the years it costs about the same as a small car. So today we say c'mon...weVe loads of room! and mean it! And what a difference it makes to have those optional power features. A 4-way power seat, power steering, power brakes and that wonderful ' . ' .' no-shift Merc-O-Matic Drive! With, a new 161 h. p. engine and ball-joint front suspension for complete driving ease! ' - MERCURY THE CAR THE WEST LIKES BEST . America's only completely powered car in the popular price field BASIN MOTORS 424 So. 6th St. r (I V-X '"X
