PAGE FOUR
HERALD AND NEWS. KLAMATH FALLS. OREGON
i MM AlV fVA r.M u WU
: ? WALL STREET ',
' NEW YORK I The stock
market declined Thursday, but
- there .were several strong spots
apparent In significant areas.
Losses at the most went to be
tween i and 3 points while gains
were' usually held to a point at
the outside.. ' V
' Trading dwindled-down on the
decline to an estimated million and
a half shares. That compares with
2,020,000 shares traded Wednesday
when the market' declined modcr
ately. .
NEW YORK STOCKS
By THE ASSOCIATED PRESS
Admiral Corporation
. Allied Chemical
' Allis Chalmers "--
American Power It Light
American Tel. i Tel.
. American Tobacco .
. Anaconda Copper
Atchison Railroad' " ' '
Bethlehem Steel r
Borg Warner
Burroughs Adding Machine
California Packing
Canadian Pacific
Caterpillar Tractor
Celanese Corporation
Chrysler Corporation
' Cities Service
Consolidated Edison ,
Consolidated Vultee '. - '
Crown Zellerbacb i '
Curtiss Wright
Douglas Aircraft'
du Pont de Nemours
Eastman Kodak
Emerson Radio .
, General Electric
General Foods, i
' General Motors
Georgia Pac Plywood
Goodyear Tiro
Homestake Mining Co.
International Harvester
International Paper
Johns ManvlUe '.
Kennecott Copper ...
' Libby, McNeill
Lockheed Aircraft
Loew's Incorporated -Long
Bell A
' Montgomery Ward ' ' "
. Nash Kelvlnator
- New York Central '
. Northern Pacific
. Paclflo American Pish
Paclflo Gas & Electric '
Paclflo Tel. It Tel. .
Packard Motor Car '
! Penney (J.O.) Co.
Pennsylvania R.R.
Pepsi Cola Co.
Phllco Radio
Radio Corporation
. Rayonler Incorp
Rayonler Incorp Pfd
Republic Steel
Reynolds Metals
Richfield Oil
Safeway. Stores Inc.
Scott Paper Co.
Sears Roebuck & Co.
,Socony-Vacuum Oil
Southern Jaclflc
Standard OH Calif.
Standard O N.J. j
Studebaker Corp. .
' Sunshine Mining
Swift ti Company
Transamerica Corp.
Twentieth Century Fox
Union Paclflo
Union Paclflo
United Airlines
United Aircraft '
United Corporation
United States Plywood
United States Steel
Warner Pictures
Western Union Tel
, Wcstlnghouse Air Brake
Woolworth Company , i
20
W.?a
4S ,
159 '
65
' 31 V,
87
64 14
82
10 ?i
24 Vi
25
60
21 V,
68 "',
W ?i
43
20 '2
38 ',
8
94 lt
108
60 "j,
10
93
68 a,
84
12
57
, Livestock
CHICAGO LIVESTOCK
CHICAGO W Most hogs
dropped around 25 cents Thurxdav
although a few choice lightweight
onenngs moved at steady prices.
Buyers paid $26.00 to $26.76- for
most choice 180-230 pound butch
ers with a few loads at a top of
$27.00, unchanged from Wednes
day.
. Steers . and heifers sold steady
to 60 cents lower. High-good and
choice steers moved at $21.00 to
26.00. ;
Good , and cholcx wooled lambs'
sold at $20.00 to $21.00.
Salable 'receipts were estimated
at 8,000 hogs, 3,000 cattle, 300
calves and 2,000 sheep.
PORTLAND LIVESTOCK
' PORTLAND (fl (USDA) Cattle
salable 200; market rather slow
but mostly steady; load and part
load high-good around 080-1,060 lb
steers 22.50, part load commercial
good steers 21.00; few utility-commercial
heifers 12. 00-18; 0: canner
cutter cows ) mostly 0.00-11.00,
shells down to 6.00; utility cows
11.00-13.00; utility bulls 13.50-15.00.
Calves salable 26; good-choice
vealers steady at 20.00-25.00.
Hogs salable 250; market active,
steady; choice 180-235 lb butchers
29.00-29.50. 250-300 lb 27.00-23.00;
choice 350-500 lb sows 23.50-25.00;
few 500-730 lb stags 15.00-17.00.
. Sheep salable 125; market not
fully tested; supply largely breed
ing ewes of mixed ages not yet
offered; slaughter Iambs in nar
row demand; choice-prime grades
Wednesday mostly 2.00, one size
able lot 20.60; good-choice feeding
lambs Quotable . lo.00-16.60; good-
choice slaughter ewes nominally
S.60-7.00. '
30 -1
60
70 a,
67
9
28
13
24 V,
60 1)1
18 3,
21 !
68
. 1
40 '
117 !'a
3 Ti
79 i
17
14
29 V
28
28 1,2
34 V,
60 ?i
59
54 l4
38 3,
61
37
38 Vi
67
0
5 '
26 y,
20 '.;
113 ?i
113
24 !',
48
5 V.
26
41 ?!
14
41
25 Vt
44
IT-?'
CHICAGO GRAIN
CHICAGO (If) Grains dipped in
quiet dealings on the board of
trade Thursday.
Rye - showed occasional flashes
of strength. Thert also were times
when September soybeans moved
well above the previous market.
But In- general It was an easier
and rather dull market.
Even news of potential export
business could not arouse demand
Austria reauested offers on 400,-
000 bushels of corn and Greece
was In the market' for 750,000 bush
els of wheat.
Wheat closed to 1 cent lower,
March 2.13-2.12 1i. corn 1 U-l i
lower, March 1.62 4, oats ' -
lower. March 79 'A. ry unchanged
to lower, March 1.25, soybeans
14 lower to 1 Vt higher, March
3.11 a4-3.13, and lard 13 to 18 cents
a hundred pounds tower, juarcn
- Open High - Low. Close
Mar 2.134 2.13 9.13H 2.13
Mar ' ' 8.13U a.mt a.u a.ia
J' a ; :S.07!4 2.07H 2.06i 3.MH
f 2.09 2.0914. 2.084 2.0834
Dt2 , ' 3.1314 1.UK S.UM S-1214
1, PORTLAND GRAIN
PORTLAND W No bids.
Thursday's car receipts: wheat
barley 1; flour 3; corn 4; oats
mill feed 1.
11 11 iljmJMt'mw .Wll
rar" -"11 rfi'i'
MUNICIPAL COUT
Aloyilui Bokoiky, drunk, $19 ball
Geors Otlteunlk, drunk, $1S or 7fc
fcrnsi Pcttrt, drunk, SIS or Ttfc
Potatoes :
SAN FRANCISgO POTATOES.
' SAN FRANCISCO Lfl USDA
Potatoes; 21 cars on track, Oregon
3 arrived; market about steady
Deschutes Russets No. 1A 2-in.
min. 2.25, Klamath 2.30.
LOS ANGELES POTATOES
LOS ANGELES Ml USDA
Potatoes;, 115 cars on track, Cali-
lornia 2, Oregon 7, Idaho 29 ar
rived; market steady: Idaho Rus
sets No. 1A 2.60-2.90, . Deschutes
no. 1 6 oz. min. 3.25. . s.
CHICAGO POTATOES
CHICAGO (m Potatoes: Ar.
rivals 59, on track 276: total U.S.
shipments 756; market dull; Idaho
Kussets $3.35, bakers $4,00: Min
nesota North Dakota Pontiacs
$2.35-60.
IDAHO FALLS W USDA
Potatoes: market dull:' Russets No.
i-A, 2 in nun, 15-20 per cent 10
oz and larger 1.75-1.85; 25-30 per
cent 10 os and lareer 1.89-2.00: 30-
35 per cent 10 oz and larger 2.00-
a.10. .
Sixteen cities arrivals 278: on
track 1032. .
Ike Statement
WASHINGTON Ht Sen. John
S. Cooper (R-Ky) said Thursday
President Elsenhower had spelled
out "what the Republican Party
ought to be" In saying the GOP
was "liberal" in dealing with peo
ple and "conservative" In money
matters. ,
That's the best statement of
what the Republican Party ought
to be that has been made by any
body," Cooper declared In an inter
view. "If we are conservative with
the country's fiscal resources, we
can be more liberal in the long
run In dealing -with people."
Tho White House late Wednes
day permitted direct quotation of
the President's news conference
definition, of the aims of his ad
ministration. .Elsenhower said:
"When It comes down to doaling
with relationships between the hu
man in this country ana nis gov
ernment, the neonle In this admin
istration believe In being what I
think wo would normally call lib-o.-oi
mri when we deal with the
economio affairs 01 tnis country,
we believe In being conservative.
Fire Rips Over
Port Of Pusan
piiraN. Korea 11 A second
disastrous fire Friday struck this
southeast Korean port, still recov
ering from a blaze tnat Durnea
out the heart of the city last No
vember.
Firemen said more than 200
fitm.v houses were destroyed and
the flames still- were spreading
two hours after fire broke out at
a.m.
Thus far. no malor U.S. mili
tary Installations were threatened,
' COLD WAVE
LONDON tfl Britain and most
of Europe os far as soutnern
Italy was gripped Thursday in me
worst cold wave In six years. The
gales and blizzards that Iced up
the continent- blew in irom
Siberia, where Moscow radio rc-
pored a low of 63 below zero.
1 ,1
f , , . s
- I
I : "Ja
THURSDAY. .Umi,
A HIGH TIME was being had by these youngsters at the YMCA recently during a hot'
game of basketball. This is National YMCA Week. Why not drop down to the Pine street
location of the Klamath County Y and pay them a visit?J
Western Oregon Intermittent
rain through Friday, Mild temper
atures with highs both days 40-52.
Lows Thursday night 32-42. Winds
along coast will decrease Thurs
day night, becoming mostly south
westerly 12.-26 miles an hour Fri
day. . . .
Eastern Oregon Mostly cloudy
with a fewl showers through Fri
day. Mild temperatures with highs
both days 38-50. Lows Thursday
night 32-40.
Grants Pass and Vicinity
Cloudy with occasional rain
through ' Friday. Low Thursday
night 33; high Friday 38.
Baker and Vicinity Mostly
cloudy with a few showers through
Friday. Low Thursday night 32;
high Friday 43. . , .,,
Nortnern California Mostly
cloudy through Friday. Occasional
rain north of Santa Cruz and Stock
ton with snow in high mountains.
Little temperature change. South
erly winds 15-25 miles an hour near
the coast north of Santa Cruz and
variable 8-16 to the south. 1
By THE ASSOCIATED PRESS
24 hours to 4:30 a. m. Thursday
COUGH 'you
FUSSIN?
Hers'i what thousands o( doctor
have prescribed for coughs of colds
. . last-arcing, piaiiviwiN
PERTUSSIN. It works Internally;
loosens sticky phlegm) and thus
"6rot-up" coughing iptlls. It'i
grand for all th family! V.
Got nlM with fr;W
Extra Work
Mod Eotv
Rent A Tvptwrlfer
or
Addinq Machin
I Itctrla r Mini '
Laif month's rental I
applied to purehoto prict
VOIGHT'S
PIONEER OFFICE SUPPLY
' ' Max. Min. Prep.
Baker , 39 35 .08
Bend ' 40 33 .66
Eugene - ' 48 44 2.40
Klamath Falls 36 33 .25
Medford 45 32 .98
Newport 49 43 1.87
North Bend 55 47 2.42
Ontario 43 37 .08
Pendleton, 48 31 .10
Portland Airport 38 36 1.14
Roseburg 61 38 .82
Salem, 47 40 1.65
Boise ' 45 39 .13
Chicago . ,34 17
Denver 53 32
Eureka 56 53 1.13
New York .. 65 25 .10
Red Bluff ,., , 49 . 41 .49
San Francisco , 57 48
Seattle 39 35 .15
Spokane - 34 30 .68
WAR PAYMENTS
MANILA m The Philippine
Senate Thursday unanimously ap
proved a resolution asking the
U.S. Congress for "at least 100
million dollars for additional war
damage payments."
Check Charge
Brings Jail
Fred w. Foucher, 27, Montana
ranch worker, gave up two years of
freedom Thursday because he
passed a $6 bogus check to buy his
"girl lriend" a set of earrings.
District Attorney Frank Alderson
filed charges against Foucher on
complaint of Welsfields Jewelry Co.
Circuit Judge David R. Vanden-
berg denied Foucher probation and
sentenced him to two years in Ore
gon State Prison after It was re
vealed by ani FBI report that he
had been convicted of crimes in
Pennsylvania, Montana and Wyo
ming. He served a term in Mon
tana state Prison,
Alderson said Foucher passed
bogus checks at the American Le
gion Club and several Klamath
Falls business establishments.
FINAL DECREES
Donna L. Conrady from Walter E.
CFlorcnce Nelson from Gilbert Carl Nelson.
Madnlvn. Lucille McFndycn v. W-
llBtn McFadycn, suit for divorce. I
Orth Siseniore, attorney for plaintiff.
Gui G. Johnson and Olive M. John
son Vi. Raymond W. Sykes. Yvonne E.
Svkei and Harrlman LodRc, Oregon
Ltd. Suit to collect on mortgage due.
$33,500 with Interest at five per cent
from December 31. 19S2. 81,513 attorney
fees, $92 for title report -plus costs
and disbursement. Ganong and Ganong
attorneys for plaintiffs.
Funeral,
TITUS
Fnnornt hai-vIcm for Mnrran Claude
Titus, 60, who died In Porllnnd, Ore
gon January 29, will take place from
me cnapei oi wara a iviamam ru
ral Home, on Friday. January 29. at
10:30- a.m.. the Rev. Georae Alder of
the First Christian Church officiating.
Commitment service and Interment in
Klamath Memorial Park.
Check Passer
Dravs Jail Term
' Robert Miller, 52-ycar-oId catskln
ner. who was charged with "skin
ning". Klamath Falls merchants
with bogus checks, learned Thurs.
day that "wishes" do-come Hrue.
On January 15 when his proba
tion was revoked by Circuit Judge
David R. Vandenberg, Miller told
the court he wished his could go
to Oregon State Prison.
"I would rather go to prison
than stay in Klamath Falls," the
accused - check passer declared.
"I've, been i getting too many raw,
dealsr herei't- : ,;
Hiursday morning, Judge Van
denberg granted Miller's wish. He
sentenced him to two years In Ore
gon State., Prison.
American Beer
Buying Soaring
LOS ANGELES W Americans
buy more beer than soda pop, a
leading brewer says.'- , , , . ,
"It is not generally recognized
that the public has elected beer
Its favorite among all manufac
tured beverages, but Jt now out
ranks all the soft drinks and Is
next in line after coffee and milk."
said Harris S. Peristeum Chicago,,
president of the Pabst Brewing Co.
at the United states Brewers Foun
dation convention.
The 1953 national beer consump
tion totaled 3,066,0(10,000 gallons, lie
said. '
HOSPITAL
WASHINGTON IB The Public
Health Service announced approval
Wednesday of a ,35-bed hospital at
St. Helens, Ore.
Ren. Norblad (R-Ore) said the
action would make available $169.
500 In federal funds for construc
tion of the $483,500 hospital.
; auto insurance feature :
J replaces" regular
I State Farm medical ' 'C
; payments coverage.
: ' : 'PROTECTS:
I ncmbtn el your limilv In auto
I tctidintt-dnvini, noin md J
linvtni Im iniufext lit M by
lyoururl J
vjj Another uit I
I Get the factt from your
Z Stat Farm Mutual
nt today
; William Goen
Dirt. Mtnattr
1133 M. Ph. 3241
OUR
ENTIRE STOCK
OF
RUBBER FOOTWEAR
Men's-Women's-Children
FINAL CLEARANCE
25 to 40 OFF
The MODEL SHOE STORE
717 MAIN
first Aid -Tests
Passed
Qualifications for first aid In
structors nave been passed ay i
candidates studying under
Ella Redkey, who has been author
ized by the Pacific area of the
Red Cross to train instructors.
Miss Redkey Is one of two instruc
tors in Oregon, eligible to pass on
candidates.
The course was finished January
22. by Willard Richards, Thomas
Winteritinger. Jim Kaler, Eliza
beth Babcock, Herbert Hadley, Bly
and Mr. and Mrs. Dve Lovelace.
Hadley drove from Bly for each
meeting.
Beginning first aid classes start
Saturday, January 30, 7 p.m., at
the Red Cross rooms and wilt meet
every Saturday night. Instructors
will be Mrs. Mona Dixon and Mr.
and Mrs. Lovelace.
Ella Redkey and Elizabeth Bab
cock will teach a second class in
first aid each Monday nicht for
employes of the California - Oregon
Power Co.
Jim Kaler and Willard Rich
ards, start classes February l at
the Seventh Day Adventlst Church
and Hadley starts classes at Bly
on a date yet to be announced. I
All instructors serve as volun
teers and there is no charge for
the classes. Anyone interested
may join classes now under wav
or those starting later by calling
Red Cross headquarters, 4125.
Enforcement
Study Slated
SALEM Wl Attv fSen SnWI
Y. Thornton -asked Gov. Paul L.
rauerson Thursday to appoint a
committee to survev woi-icino- r.
lations among state and local law
enforcement officers.
ine committee, representing
city, county and state police agenc
ies, wuma iry io oring about bet
ter cooperation. " '
Thornton said that he has found
some Instances where the relation
ships among the various police
agencies "are far from satisfac
tory," although he said that in
many Instances there are good re
lations. - -
"The committee might well draft
a series of working principles gov
erning the operating relations be
tween these respective agencies,
including dissemination of police
bulletins, Interchange of Informa
tion, reports of Investigations, etc."
The proposed committee, Thorn
ton added, would include the presi
dent of the Oregon State Sheriffs
Association, and one sheriff ap
pointed by the president; the pres
ident of the Oregon District Attor
neys Association, and one district
attorney appointed by the presi
dent; the state police superintend
ent and his deputy; the president
of the Oregon Police Chiefs Asso
ciation, and the president ' of the
Oregon Association of City Police
omcers..,, :!
US Rejects Call r :
For UN Meeting
UNITED NATIONS, N.Y. W
The' United States Thursday re
jected India's proposal for a meet
ing of 4he U.N. Assembly begin
ning Feb. B to discuss Korea.
The deadline for replies on the
proposal is Friday and the count
Thursday indicated the suggestion
has been definitely batted down.
With the United States' answer
the tabulation stands 13 in favor
of the Feb. 9 meetingand 7 op
posed. A majority of 31 is required
for calling the delegates.
Delay On
Minimum
Vage Asked
By NORMAN WALKER
WASHINGTON W President
Eisenhower, in a surprise move,
Thursday advised Congress to de
lay considering any boost in the
present 75-cents hourly minimum
wage until the economy Is in bet
ter shape to absorb it. , 1. ,
The President not only post
poned recommending any hike in
(he minimum but questioned whe
ther establishing a legal "floor"
for worker pay. is very helpful in
combatting poverty.
Eisenhower's views in his ec
onomic message to Congress con
trasted with Secretary of Labor
Mitchell's remarks to the CIO's
convention last fall that the ad
ministration was "working hard"
to achieve a higher minimum and
also making it apply to more
workers.
Mitchell was reported to have
urged Eisenhower to recommend
that Congress pass a 00-cent min
imum. About 24 million workers
are now covered. Eisenhower re
newed ft recommendation that
Congress pass a 90-cent minimum.
About 24 million workers are now
recommendation that about 10 mil
lion more persons be included,
This reportedly was opposed by
Secretary of Commerce Weeks
and Dr. Arthur p. Burns, chair
man of the Council of Economic
Advisers. Former Secretary of La
bor Martin P, Durkin had urged
a ' $l minimum. The CIO has
plugged for a $1,25 level.
In recommending that Congress
shelve any idea of changing the
minimum wage law at all for the
present, Eisenhower said;
"We should undertake adjust
ments of the minimum wage at a
time when economio activity can
take them in stride, thereby- min?
imizing the risk of unemployment
of the less productive workers
whose welfare the minimum wage
seeks to aid." -
Eisenhower did say at one point
that increasing the amount and
coverage is "desirable," -but he
said it would have to wait until
"the proper time," and he laid
great stress on its potential im
pact on low profit employers. :
f The President cautioned that a
higher minimum might force less
efficient, employers out of busi
ness and deprive their workers of
Jobs entirely.
Stored Wheat
Figure Record
SEATTLE m Washington. State
wheat storage at the start of the
year was at an all-time high and
45 per cent higher than a 'year
ago; .' - .
The Washington Crop and Live
stock Reporting service listed the
total in all types of storage at 81,
639,000 bushels.
The ' report said all Pacific
Northwest states are in the same
boat. Oregon wheat stocks were
listed 41 per cent above a year
ago and North -Idaho's stocks up
37 per cent.
MQst of the Washington supply)
over &5 million bushels, was re
ported stored an interior mills, el
evators and warehouses. That was
52 per cent above a year ago.:.
Wheat!!!
Figure W
" SPOKANE m -n
of wheat grading SZ
tagton, Idaho and 52
dropped to th i "re
- . said ii
bushels ' or STS.
"nutty in 1953 uJ'J
"lied It. pheS
--.. ", 1SS2.
1842, sioJ
the ,np .M 7"-l
caused an bii....!1
50 million dollars J
wheat farmers. K
abnormal'-
ture relationship,
"vauueni bv I
creased use of reite,
8 ""eai.
Even the 3.7 per
smut account,, r.
loss in the thr.
088 from lower vi , 1
-o-, o nssuciation
'' LI: 1 j '
nuaeora
i,u mrs. Willi,
last week for v.n-,.
to visit their daughtj
ily. Their daughter ta3
Mr. 'and Mrs. Jeae
u may Drew
v;:uinpaniea by Mrs
bey, were shopping
Falls recently.
Olaf Nelson has been
list and was taken J
Falls lor medical .atte
Mrs. Darlene Kesslei
spent the weekend vi
ents, sister, Dianne
Billy, who are are e
the L. J, Horton Rani
Mrs. Loren Meek.r
was a business vhiiJ
Wednesday. She said
uiey are leeaing at uJ
1 aiicn in swan Lak.
fine.
Mrs. Rosa Vieira is
list and was taken 1,
Falls for medical carl
a neart aliment.
Mrs. Clarence Parkei
Texas for an extended
ner aaugnter and soe-l
Mr. and Mrs. Ted Faj
ert and Virginia left Jad
the coast where they J
ai aays, returning nori
. Mr. and Mrs. 8. K. I
John were transacting
Klamath Falls recently,
ited their daughter and
Mr, and Mrs. Joe sj
family, i
Mr. and Mrs. D. Hi
family of Klamath I
ited Sunday with the!
Mrs. Sarah Michael.
Mr, and Mrs. Sinclal
Lake took some fat laml
ath Falls recently. j
Mrs. Bud Lee and II
Kloeppel have'been woJ
potatoes on the Black
Ranch in Ppe Valley.
The community Is vea
its potato king. Rex
and was very glad to w
and his brother Jim I
their trip to Washlngto
, Un John Hutchinson!
was transacting busini
shopping in Dairy, recal
Word has been retel
Pvt. Flovd Hoefler Has
wort Beivolr. Virginia,
will be stationed while.
sohooL'
RIGHT NOW! UNDERWOOD'S (706 MAIN) MIDWINTER CLEARANCE
nriTCCT riucDAi cue klamath falls
UnLAlLJI VAI'IHIA JALL
HAS EVER KNOWN
on't Miss Out On These Saving;
Step On Garbage Pails jj
bego or Carnation Milk s i
B
3 S'
I 1.49
150 vyarmenT ooq , G0rm.n., i
y. KITCHEN BROOM J
jg Light Bulbs 60 0 75 10 H
r King Edward Cigars 20 j
3? Kyron Reducing Aid J
y Bubble Bath "ZZSZT TTT
Hand Lotion WoodbuV 2H
Typing Paper r 't.'7""!
r lui Doiem of Previouily Adrtrtind IHmtl '
SERVE YOURSELF AND PAY-LESS
J
J