Herald and news. (Klamath Falls, Or.) 1942-current, October 14, 1954, Image 4

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Herald and news., October 14, 1954, Page 4, Image 4

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Newspaper Page TextPAGE FOUR THURSDAY. OCTOBER 14, 1954 HERALD AND NEWS, KLAMATH FALLS. OREGON MARKETS AND FINANCE STOCKS : I WALL STREET I ) NEW YORK 11 A wiling wave nit the stock market Thurt. ' cay pm It managed to weather '. the storm and hold losses within ! hioderate limits. ; i The decline forced losses or 1 to ; around 3 points In many sections ; of the market, but a suip.islns 1 number of key Issues were down ', only small fractions. Some plus i figns persisted. ': . Volume was boosted to an estl . mated 2.600,000 shares by a late tape. That compares wi'.h 2.00.- ; 800 shares traded Wednesday ' ,wben the market was mixed. Grains ; Smokey Bear Campaign Conducted 1 WASHINGTON 11 Smokey v the bear, a forest lire escapee who symbolizes prevention eflorls. Rets an average of 1,000 letters , daily from toddlers and teenagers wanting to Join his million-kid fire : lighting frce. , This Is dramatic, proof Id fed' , eral Forest Service officials that i their campaign, headed by ; Smokey, is paying off In increesed ) awareness of forest fire's costly ; danger. The youngsters, who promise to , prevent fires in order to join the , Junior Forest Rangers, write to , tell smokey they're doing their : bit. And they enclose for Smokey'a pleasure such things as Christmas ; and valentine cards and cash do- '. nations. The mail comes from all parts of the nation: A Brooklyn boy said j lie couldn't find any forest fires in the city, but promised be d stop ' .turning in false alarms. ' And parents, too, write Smokey. ! A Callfronla mother wrote that t "no one would dare throw a lighted match or cigarette out In the forest or mountains" when her I live-year-old son was in range, i A California father said his son, I "the most active advocate of the t Smokey campaign In- California, has been conducting a one-man ( battle against fires and we have i heard so much about Smokey that i I actually believe I would rather i quit smoking in deference to him ; than to publicity about its harm- i lul effects." f Another father wrote that his I aon, a Junior Ranger, "pulled his ' rank arid threatened to prosecute J to the full extent of the law when I attempted to burn some leaves." i The Forest Service has signed i Up more than 250.000 junior rang- i era lr. the past year. Each ranger ' gets a lire prevention kit Includ- : lng a membership card, blotter, i certificate and fire prevention ! rtamps-and each signs a lire pre- ' ventlon pledge. . CHICAGO GRAIN CHICAGO 11 Most grains had a firm tone on the board of trade Thursday but soybeans dropped back below the previous close late in the session. An early buying flurry sent grains pounding up during the first hour. When the flurry sub sided, the market retreated from its best levels. Only in soybeans, however, were all the early gains lost. Whit closed higher, Dec 3 16 U-2k: corn V, higher, Dec l.M ?c!i; oats higher, Dec SO V3,; rye 1 '-a V. higher, Dec 1.36; soybeans 2 to 3 U lower, Nov 2.76 i , 2.1S. and lard 10 to 32 cents a hundred pounds higher, Oct 15 81. WHEAT Open High Low Close 2.16 3, 2.17 3 2.H i, 2.16 2.19 U 2.20 2.19 2.19 2.18 3.10 , 2.18 2.18 2.07 3, 2.08 2 2.07 , 2.07 Dec Mar May Jly Electric Bonds To Be Sold SALEM 11 Portland General Electric Co. received permission Wednesday to Issue 12 million dol lars worth of 3 per cent bonds, due in 1984. This bond Issue will be used '.o retire 8 millions worth of existing bonds, and to provide millions lor new construction. PORTLAND GRAIN PORTLAND I No bids or offers on coarse grains. Wheat (bid) to arrive market basis No. 1 bulk, delivered coast: Sol! White 2.30: Eoft White (ex cluding Bex) 2.30- White Club 2.30. Hard Red Wimer: Ordinary 2.30. Car receipts: wheat 4; barley 12; flour (; corn 1. Livestock PORTLAND LIVESTOCK PORTLAND ( (USDA) Cattle salable 200; market active, fully steady on' kinds available; spots strong-50 higher on canner-cutter cows; utility-low commercial grass steers 12.50-18.00; utility-low com mercial hellers 11.00-16.90; canner cutter cows mostly 7.00-8.00, shells down to 6.00; low utility cows 9.00 10.50, young commercial grades upward to 14.00; few cutter-utility bulls 11.00-14.00, one carload un sold. . Calves salable 100: market ac tive, fully steady; good -choice vealers 17.00-20.00; good slaughter calves 16.00-17.00, utility-commercial grades 9.00-15.00. Hogs salable 150; holdover 120: market active; choice 180-235 lb 21.00-21.50. choice 250 lb 20.00: choice 286-575 lb sows 15.50-18.00. Sheep salable 50: market about steady; choice wooled lambs 17.50, one lot good grade 16.00: good- choice feeders salable 14.00-15.00; good-cnoice ewes nominally 4.00-5.50. Weather Western Oregon Partly cloudv . late night and morning fog and through Friday with patches of low cloudiness. A little warmer ' Thursday night; high Friday 60-72; low Thursday night 42-52. winds along coast southeasterly 10-20 miles an hour. Eastern Oregon Generally fair through Friday. High Friday 55-65; low Thursday night 30-40 except 20-25 in high valleys. Grants Pass and Vicinity Fair through Friday. High 70 both days. Low Thursday night 36. Northern California Clear through Friday, Warmer with low er humidities Thursday. Northerly winds 15-25 miles an hour near coast Thursday, Increasing slightly Thursday night. Baker and Vicinity Fair through Friday. Highs Irom 53 to 68 Thursday aud 67 to 63 Friday. Lows Thursday night 20 to 26. By THE ASSOCIATED PRESS Max Baker 49 21 Bend 60 28 Eugene 63 34 Klamath Falls 68 31 Lakevlew 66 33 Medford 66 39 Newport 61 47 ,02 North Bend 62 47 Ontario 58 24 Pendleton . 69 37 Portland Airport 66 45 Roscburg 58 40 t Ka'.em, 56 35 Boise 92 32 Chicago 77 67 T Denver 5 Eureka 59 49 Los Angeles ' 73 84 New York 66 66 Red Bluff 80-61 Ran Francisco 69 49 Seattle , 85 45 Spokane 53 31 CHICAGO LIVESTOCK CHICAGO 11 Butchers gained 15 to 25 cents while sows were up 25 rents in an active trade Thursday. Buyers paid S18.75 to 819.00 for choice 180 .to 270 pound butchers. Butchers scaling 160 to 180 pounds brought $18.00 to 818.75. Sows sold from $16.50 to $18.75. Steers sold steady to strong and heifers steady to 25 cents higher. Top was 827.00. Most good and choice steers and yearlings were taken at 821.00 to (25.50. Commer cial to good heifers sold lor (15.00 to (22.50. . Good and choice wooled lambs brought (18.50 to (20.00. Salable receipts were estimated at 7.500 hogs, 2,500 cattle, 300 calves and 1,500 sheep. . POTATOES CHICAGO 11 Potatoes: Arrl. vals 78: on track '246: total U.S. shipments 621; supplies rather light; demand fairly slow, mar ket dull; Washington tussets $3.55 60; Minnesota North Dnkota Pon tlacs (washed) (2.26; Idaho Rus sets (3.50. IDAHO FALLS tl USD A1 Po tatoes: sales f.o.b. shipping point: Russets No. 1-A washed, 2 in mm, 2.10-30; No. 1 extras 2.25-45. SAN FRANCISCO Il-(USDA1 Potatoes: 31 cars on track; Calif. 17, Oregon 5 arrived; market un- LOS ANGELES ( (USDA Potatoes: broker sales; market dull; Idaho Russets No. 1-A 2.75 3.10; Wash. No. 1, 8 os mln 3.50. WASHINGTON 11 (USDA1 Po latoes; Thursday shipments, North ern Calif. 13. Central Calif. 8. Ida ho 167 freight and one manufac ture, Oregon 35, Wash. 63. s-:f. V aViii ( -fnOit wrtMaiitiiiiiri am - 1 4 5- -V ,f;V 1 A REPUBLICAN RALLY at Altamont Junior High School, gym Wednesday evening was emceed by Elmer C. Lemler, chair man of the Klamath County Republican Central Committee, extreme left. Facing the camera from left: Oregon State Senator. Gene Brown of Grants Pass, Republican candidate for state senator, Oscar Kittredge, and Republican U. S, Con gressman Sam Coon who is seeking reelection from the 17th district. Klamath Elks Dinner Slated All Elks will be treated to a free dinner at 6:30 tonight at the Elks Temple celebrating "Italian Night," and cspcclaiiy honoring members with October birthdays. Head waiter will be George Deme-trakos. Harry Molntore and Gino Cam- In! are co-chairman. There will be entertainment de luxe by Pastega. The menu, will include antipasto DeBattlsta, salad Camini. spaghetti a la Molatore, Wines by Bocchi, coffee Al Bellotti and garlic bread by Louie Borgialll. Cubans Arrested For Terrorism HAVANA, Cuba 11 Seven per sons have been charged wltli plol titiK a terrorist attempt to disrupt Cuba's scheduled Nov. 1 presiden tial elections. The seven, accused yesterday, were among; hundreds rounded up by police iollowuig the discovery of -bombs and other explosives in Uie medical dispensary of a public school builaUig. Police said the na tionwide arrests were continuing. Police officials named Rafael Garcia Barccnu. a University of Havana professor, as leader of the plot. They said Barcena left Cuba Monday for the United Statcj. I On the Record BIRTH KNESS Born to Mr. and Mri. J. D Kneu, October 13 at Klamath Val ley Hotrpital, a boy weighing 7 lbs. 4 at, WALKER Born to Mr. and Mm. Kerfe Walker. October 13 at Klamath vaney jtoapiiai, a girl weighing 7 lbs. 8 oz. OBITUARY rriATr. William Clinton Coates, f)l. died here uciooer if. He was a native of Poncu, Ntbrafka, and hud resided in Klamath Falls for the past 11 years. He li sur vived by one son. George Coates of Kltmath rails, and five grandchildren. K.u n e r a 1 arrangements will , be an nounced later by Ward s Klamath Fu neral Home. FUNERAL NOTICE SWIGART Funeral services for William Frank lin Swigart, 64, who died here October 12, will take place from the chapel of Ward's Klamath Funeral Home. Fri day. October 1.1 at 10:;i0 a.m. with Rev. Lit, yd Holloway of the First Methodist Church officiating. Concluding services and interment . will follow In Klamath Memorial Park. COVERT Funeral services for James Harvey Covert; ftl. who died In Salem, Octo ber 12. will take place from the chapel of Ward" Klamath Funeral Homo. Friday, October 13. at 2:30 p.m., with the Rev: Lloyd Holloway of the First Methodist Church officiating, Conclud 'ig --rvfiV ad interment will iollow In Linkville Cemetery. f WORLD TOUR NEW DELHI, India tfl The Hindustan Standard suggested Thursday Prime Minister Nehru Is thinking of making a six-month world tour to back the idea of peaceful coexistence between communism and the West. h 1 V t "r f 1tr:.-it"i,,?S' "ult w1- 'Money Savers'1 DEATH PORTLAND ti Mrs. Anne Admislrn, 58. mi Invalid, died In ft lire that destroyed the Interior ol her home In East Portland Wednesday. Police blamed smok er's carelessness. Work, Sleep. Play In Comfort Without Narelnr Backach Netting backache, leaaof pp andenergr, . tieaHaehea and dlsilness may be due t slow . dnwn of kidney function. Doctors amy good kidney function Is very Important to good hralth. When some everyday condition, surh at stress and strain, causes this Important function toalowdown.inanyfolkasun'ernsg ing backache-feel miserable. Minor blad- star irritations due to cold or wrong diet may : causegetllngupnightsor frequent passages, Don't neglect your kidneys if these condi , tlons bother you. Try Doan's Pllls-a mild dl li r tie. It's amaiing how many times Doan's '1 give happy relief frnm thee dlseomfftrta help the 1 miles of kidney tubes and fillers flush out waste. Ask for nw. Urge, econfme . ise and save money. Uet Uowt's J'liis todayl i HEAR DEMOCRAT HOWARD DENT, JR. In 1952, Republican and deleaete r the Republican Convention. KFJI Klamath FcHli Thursday, October 14th 10:15 P.M. Paid advertisement; Howard Oant. Jr.; 314 I. 4th; Tha Da Met, Oreaen. ;v.'' .' 'Sk -W Our Entire Mock ' I D.J...:- y ivodicg gnu rcawin sr t i Off l;':.'v;;'i;;';;;'-;Vv1',;0A 1 fe'Kvv; '.V':V-CvS'''.-4 Fri. & Sot. Only! LADIES HAND BAGS Slftil -. A -V " :- S.'ff - i. .':! ARBUCKLE'S mm MODEL SHOE l' ','.' 'K"'.' ':-' 717 Main UF Directors Hold Meeting Division heads for the Klamath County United Fund campaign voted Wednesday night at a meet ing at the YMCA building to stage a klckoft breakfast at the Winema Hotel Wednesday, October 20, at 8 p.m. All division heads, workers, and other Interested persons are invited to the no-host breakfast. Report meetings will be held at noon at the Wlllard Hotel on Oc tober 22, 26, 26, 27, 28 and 29. The drive Is expected to close Oc tober 30, according to W. S. Mc Bride, campaign chairman, ' The meeting of division heads coincided with a meeting of the board of directors held in the Kent Room of the YMCA building. Directors approved requests from Merrill, Fort Klamath and Bonanza for a return of 25 per cent of their net collections for use locally. Merrill, which fol lowed this plan last year, is con centrating on a recreation pro gram. Fort Klamath will use its 23 per cent figure for the Civic Improvement Club and Bonanza Big Springs Park Board is ex pected to foster a swimming In struction program through the funds. The directors also agreed to grant similar requests to Chilo quln, Bly and Malin it such a de sire is indicated. Turned over to the executive committee were the matters of employe bonds and fire insurance. Rex Dye, board member, recom mended that a blanket bond be se cured covering all paid employes and elected officers. He further recommended that records and pa pers in the office, on which the whole fund Is built, be stored in a fireproof cabinet and be insured. Neuberger's Record (Continued from page 1) . ductlon saddles a region with a one-industry economy, hiring very few men and leaving the region In this bondage for all time." ' Neuberger vr'tt:. "More than 43 per cent ol the hydroelectric power produced by the federal government on the Columbia Riv er is sold to aluminum plants. An argument is going on all the way from the Continental Divide to the Pacific Coast over whether this is responsible for the most serious never shortage in the history of the Northwest." Brown cited another. Instance of at least contradictory statements mude by Neubcrger who, with Sen ator Holmes, introduced Senate Bill No. il3 In the Oregon Legislature to February, 1993. This bill was "lor an aot relating to the pro. tectlon of anadromous fish life in the rivers and streams tributary to the Columbia River." It provided that "There shall not be constructed any dam of a height greater than 25 feet" on any streams or rivers tributary to the Columbia River downstream from McNary Dam, "nor shall waters of the Deschutes River or its tributaries or of the other streams ... be diverted for any purpose other than fisheries . . . " The bill also stated: "It. shall be the duty of the State Game Commission and the State Fish Commission to acquire and abate any dam or' other obstruction. . . on any streams or rivers tributary to the Columbia downstream from McNary Dam." "This is the man." Brown point ed out, "who has paraded as an advocate of big dams such as the Hells Canyon Dam." Commenting that a good busi nessman looks at the past record of any man he contemplates hir ing for a responsible position, Brown emphasized: Neuberger s history of progres sive achievement in the Oregon Legislature is a Completely sterile preparatory record on the state level and one which would . be doubtlessly reflected if promoted to the national level." He pointed out Neuberger's rec ord of 149 absences in one year from crucial rollcall votes on final passage of billy in the state sen ate, and his failing to vote on 37 of the 100 days of the session. "That's exactly twice the num ber Senator Cordon missed in 10 years under the much heavier scnedule of the U.S. Senate," Brown said. "The self-glorifying Ineffectual record he has- written in public service only justifies Neuberger's relegation to the ranks of the un- elected," Brown concluded. ,. By actual count, there were 106 persons in the audience ft the Wednesday evening meeting which was opened by Elmer C. Lender, chairman of the Klamath County Rejuvenated (Continued from page 1) southwest peninsula, roughly 55 to 30 airline miles from Jeremie, The Salpan's helicopters' report, ed that roads linking these vii. lages with Jeremie were ill washed out, A . doctor and interpeter who landed by airplane at Jeremie Thursday morning sent back word that no deaths or injuries were re. ported In the vicinity of Jeremi. The town's hospital was reported damaged but was still functioninj with, adequate supplies, Capt. George Holley. naval pub. 11c information officer at Guam, namo Bay, Cuba, told the Asso elated Press by telephone that six helicopter sorties had been flown from the Saipan to the Jeremie area. Meanwhile the hurricane passed through the outer Bahama Islands 380 miles east of Miami. The strength it lost In its land pa sage over Haiti had been regen. crated and latest reports showed its top winds were back at an estimated 115 miles an hour. Hazel already has enjoyed in unusually long hurricane life. Re. connaisance aircraft discovered the hurricane 10 day? ago near Grenada Island, deep In the Car ibbean area off the coast of Ven ezuela. She followed a slow, er ratic course before turning north ward and smashing across west ern Haiti early Tuesday. The Salpan's reports that no deaths had been reported In Jer. ,emie came after many hours pt 'unverified rumors that hundred. had perished when storm-borne waves crashed through the little coastal town. Downpours in near by mountains washed out the on ly road to the Haitain capita!, Port au Prince, and other com munications failed. Scores of villages and thickly populated rural areas were still to be heard from, however. Hai'l is one of the most densely popu lated countries in Uie western hemisphere with an estimated density of 280 persons to the square mile. The bulk of the pop ulation is in rural areas. Republican Central Committee. Troy Cook and Eva Cook, coun ty candidates, E. A. Geary, candi date for reelection as Htate rep resentative, and Oscar Kittredgu, Republican candidate for the state senate, were introduced. US. Congressman Sam Coon spoke on the accomplishments of the Eisenhower administration and told of the 10 pieces of legislation he introduced which were passed, including the bill for appropriation of money for a new school at Chil oquin. A no-host dinner lor State Sena tor Brown at the Winema Hotel had preceded the meeting. Kelresnments were served at the close of the meeting by the Altamont PTA members. I STATEMENT OF CONDITION . 1 OCTOBER 7, 1954 The UNITED STATES NMIONAL . POr'and' Or90 RESOURCES Cash on Hand and Due from Banks $137,463,593.40 II United State Government Bonds 273, 117198761 I HI Municipal and Othar Bond 64,79572t!l3 l 1 1 Leans and Discounts Net 245,198,111,74 III MM Stock in Federal Reitrve Bank 960,OOo!oO II Bank Premise (Including Branches) 7810,774.62 Customers' Liability en Acceptances 262,758.21 ' l Interest Earned 2,403,44693 Other Resources 149,850.53 ' $732,933,021.87 LIABILITIES Capital $16,000,000.00 ' I Surplus .' 16,000,000.00 Undivided Profits 15,958,135.48 i. .t . 47,958,135.48 Reserves far Interest, Taxes, etc 5,093,431.25 III Acceptances '262,758 21 Dividends Declared , 480,000.00 DPi, 675,805,650.37 Interest Collected Not Earned 3,329) 29 60 1 1 1 1 UN Other Liabilities ' 3,91696 II lull ' $732,933,021.87 lljl . Tiu itttimiHt intlkdu 43 irsHthti in Ortita HEAD OFFICE: ftrtUtd, 0rjis 1. KLAMATH FALLS BRANCH ' Tl Fl klamath fails, oreoon p I iy)-3-.IATI0NALBANK I - " MHl MfOIrt WMIIANCI COUOMtlOM K n r