PAGE 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
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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
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