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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Sept. 6, 1955)
TUESDAY, SEPTEMBER 8, ) 95 j PACK FOUR HERALD AND NEWS, KLAMATH FALLS, OREGON MARKETS AND FINANCE STOCKS WALL STREET NEW YORK P) The stock market advanced strongly Tues day with prices around record high levels in the late afternoon. The advance produced gains that - at times went to 6 points. Plus signs of 1 to 3 points were fre quent. Not all sections of the market . had a hand in the rise, but minus signs were almost always a point or less. Business expanded markedly on the advance and came to an esti mated 2,300.000 shares, best in more than a month. Last Friday ' the total was only 1,700,000 shares with the market up moderately. NKW YORK STOCKS By THE ASSOCIATED FKESS .. Admiral Corporation Allied Chemical . Allis Chalmers Aluminum Co. America j American Airlines American Motors . American Tel. ti Tel. American Tobacco Anaconda Copper Atchison Railroad Bethlehem eel Boeing Airplane Co. Borg Warner - Burroughs Adding Machine Canadian Pacific Caterpillar Tractor Chrysler Corporation Cities Service Consolidated Edison Crown Zellerbach Curtlss Wright Douglas Aircraft - duPont de Nemours Eastman Kodak Emerson Radio Oeneral Electric General Foods Oeneral Motors ; Georgia Pac Plywood Goodyear Tire . Homestnke Mining Co. , International Harvester International Paper Johns Manvllle Kaiser Aluminum Kcnnecott Copper Llbby, McNeill Lockheed Aircraft Loew's Incorporated Long Bell A Montgomery Ward New York Central tlorthern Pacific Pacific American Pish Pacific Gas & Electric Pacific Tel. i Tel. Penney fj. C.) Co. Pennsylvania R. R. Pepsi Cola Co. Philco Radio Puget Sd. P. & L. Radio Corporation Payonler Incorp. Republic Steel Reynolds Metals Richfield Oil Safeway Stores Inc. Scott Paper Co. Sears Roebuck. & Co. Sinclair O. Bocony Southern Pacific Standard Oil Calif 8landard Oil N. J. Studebaker Packard Swift It Company Transamerica Corp. Twentieth Cenlury Fox Union Oil Company Union Pacific United Airlines United Aircraft United Corporation United States Plywood United States Steel Warner Pictures Western Union Tel Westlnghouse Air Brake Westlnghouse Electric Woolworth Company 23 112 72 ',, ' 3. 25 !a Mi 178 74 ', 80 (i 141 ',, 160 67 45 29 34 ;. 54 6 'i, 57 ' 51 : 83 23 ; 72 , 2S0 80 !4 14 l', 64 S 83 no y. 37 ' 62 37 V 39 110 !' 88 35 'i 125 14 45 23. 3 'A 84 , 47 77 , 10 7B 62 n iV, M '. J 27 i 22 Ta 36 'i 38 , 48 4 37 V, 48 V, 249 1', 73 Vt 47 'i 74 V2 99 Ti 65 Ti 1 '., 81 V, 135 4 ' 51 48 V, 28 V, 64 187 42 Ti LIVESTOCK CHICAGO LIVESTOCK CHICAGO i.fi Fairly active de mand brought steady to 25 cents higher prices for butcher hogs while most sows gained 25 cents Tuesday. Salable receipts totaled 9,000. Butchers weighing less than 200 pounds scored the advance. Most 170 to 190 pounders moved at 115.25 to 116.25. Offerings scaling 200 to 280 pounds brought 116.25 to 616.85 mainly although some reached (16.75 the top. Bows weighing 400 pounds and less sold at 114.25 to 616.00. Some sales of sows scaling more than 400 pounds were up 60 cents. Most 400 to 600 pounders moved at 612.00 to 614.25. Salable cattle receipts totaled 22.000. Steers sold steady to 75 cents higher and heifers strong to 50 cents higher in active dealings. A few loads of prime steers reached 124.75 to 623.50. The latter was the best price since July 27 Most choice and prime steers hrounht 622.25 to 624.50. Prime hei' fers reached 824.50. Good and choice kinds went at 819.00 to 622.75. Cows sold steady to 25 cents higher, topping at 813.00, and bulls steady to 60 cenis nigner, topping at 816.60. Salable sheep receipts totaled 2,500. Spring lambs sold steady in a moderately active market. Good to prime native springers were taken at 819.00 to 821.50. A few, mostly prime, reached 622.00 to 622.25. l; 3 41 , 68 20 Ta 23 i 28 66 ', 50 Ti GRAINS CHICAGO GRAIN CHICAGO 11 Soybeans were held down by approach of the harvest but other grains made some upward progress on the Board of Trade Tuesday. Dealings never became every active, although thev did pick up a bit In the afternoon. Wheat was aided by investment buying. Corn reflected a firm tone In the cash market. Wheal closed JTMi higher, Sep tember 1.95'i-Ti; corn l,-p, high er, September 1.29-1.391.; oats lower to 1 cent higher, September 5ii5i; rye 1 to P, higher, Septem ber 95, soybeans ?, lower to 1 cent higher, September inewl 2.21 'i-'i; and lard 15 cents lower to 2 cents a hundred pounds high er, September 10.67. WHEAT tlpen High Low Close 192 l.5. 1.92 4 1.95 f, 1 95 ', 1 99 1.95 1 BO 1 97 2 00 , 1.97 I, 2 00 PORTLAND LIVESTOCK PORTLAND (USDAi Cattle salable 1,600; market closed mod erately active, mostly steady witn some fed steers strong to 50 cents higher, quality considered; ieo cattle supply including few grain en grass kinds around eight loads: truck lots good-choice 1.165 lb led ie.i 23 00- one lot 905 II) 22.50; othef good steers 20.50-22.00; load 740 lb high commercial grass steers 16.60; good heifers scarce; one lot commercial-low good mixed steers and heifers 18.60; few com mercial heifers 16.00-18.00; utility grades 10.50-14.50: canner-cutter cows most v 7.0U-K.UU. lew a.ov nuestionable shells downward to 5 00' utilltv cows mostly 10.50 12.00; few commercial grades 13.04) to 13.50; utility-commercial bulls 13.60-16.50: one 1.910 lb bull 16.00; truck lots 698 lb cutter bulls down to 10.50. Calves salable 350; market slow, about' steady; few good vealers 17.00-18.00; half-dozen high choice grades up to 20.00; several lots good choice around 350-430 lb calves 17.00-18.00; few good-choice 260-340 lb stock calves 18.00: utility-commercial calves, vealers at 10.50-16.00. Hogs salable 800; market fainy active, strong to 25 cents higher; mixed lots U. 8. No. 1 and 2 butch ers 180-235 lbs largely 18.50-19.00;, several lots mostly No. 1 grades 19.25; choice 365-500 lb sows 14.00 16.50. Sheep salable 1.750; market steady, extreme top 60 cents high er: few lots mostly choice lambs 18.00: few lots carrying some niima trades 18.25 with one 92' head lot long-haul lambs 18.60; good - choice grades 16.60-17.60; unnrt.rhnire feeder lambs 13.50 14.60: few range feeders 15.00-60; good shorn feeders 13.00; common down to lo.uu; uiiiiiy-gooa aiuBM ter ewes 3.00-4.00. J m p-j ... ft". TOP HONOtiS WENT to Cliarles Jamieson of La keview at the Lake County Fair when his Angus bull was acclaimed open class grand champion. The fair at La keview, which ended Monday, was attended by hundreds of Southern Oregon residents. Jamieson and his prize bull are pictured above. Lightning (Continued from page 1) is expected to Sep Dec Mar May Jly 1.96 SOUTH SAN FRANCISCO UV (USDA) Cattle salable 750; sup ply consists mainly of slaughter classes; around 00 per cent cows; opening only moderately active. cows about steady: otner classes not established: most canner-cutter cows 8.00-10.50; few utility cows 11.00-60. Calves salable 150; early supply mainly slaughter calves; opening only moderately active, about steady; few good-choice slaughter calves 18.0u-19.0O; lew utility-commercial 14.00-17.00. Hogs ralable 150; most U. S. No. 1-3 180-240 lb butchers mixed lots 25 cents higher at 17.50. Sheep salnble 2.2O0; supply con sists mainly of spring lambs; mod erately active; slaughter, feeder spring lambs nbout steady: other classes not established; tew lots good-choice shorn slaughter spring lambs with No. 2 pelts 18.00-50; three loads choice 95-100 lb wooled Oregons 19.00; few lots good-cholre shorn spring feeder lambs 16.00-17.00. 1 93 ', 1 .96 l. I 93 '4 I.W ' 8 ' 1 83 j Lloyd Stevenson Hurt In Crash Lloyd DrnMI Stevenson. 30. ol ; 3024 Cor'.ez street, sulfered lncer- allons and a possible Jaw fracture , In a two-boat crash on the Lake of i the Woods Sun.iay afternoon. The motor boat he was driving ! ""shed Into a motor boat driven ! by Louis Kesal.-r, of Malin. , Stevenson's passenger, Wilfnrd Kinsey. and Kessler only suffered sllcht cuts and bruises. , They were boating 100 vards oil i the Lake of the Woods resort dock and were rescued by nearby crali. Stevenson Is undergoing treat ment at Klamath Valley Hospital. , Driver Faces i Assault Charge Melvin Edward Preston. 31-year- old laxl driver, was held In the . county jail Tuesday on suspicion , luniuiuiy rape. i According to County Juvenile Of- fleer Faye Blackmer, Preston la alleged to have assaulted a 10 , year-old girl In an automobile near i Bonanza. He was arrested bv state j police Sunday night. The girl is in i custody of Juvenile officers. I i District Attorney Richard Bees- lev said he Is preparing a formal ' charge against Preston. POTATOES f'HIC 4GO rOTVfOES CHICAGO I Potatoes: Arri vals 309. on track 377: total U.S. shipments Friday 393, Saturday 177, Sunday 8 and Monday 63: sup plies moderate, demand moderate and market about steadv. Carlot trark sales: California Bakers $385; lilaho-Oregon Long Whites J35.V Wisconsin Pontlacs 6170 1.75, outstanding J1.85. ery of "sleepers' continue. Rogue River National Forest and Adjacent Areas: A dozen miles north and west of Medford in the Tolo district, which has been burned over in other years, flames destroyed five homes and damaged some others. There had been plenty of warning and most possessions were taken out in 10 Consolidated Frcifthtways trucks which answered a state police ap peal. KBES-TV went olf the air Monday evening as fire swept close in around the transmitter building a concrete ' structure set the pump house afire and made con tinued occupation there hazardous. Sightseers Jnmmed the highways, adding to the normal Labor Day crowds, and firemen said that made their work more difficult in the Tolo district. Not far away flames jumped the Rogue River and climbed Table Rock, Jackson County's widely Known landmark. High winds which at times Mon day reached a velocity of 60 miles an hour felled trees, ripped off limbs and cut at least one power line. Streets and lawns in Gold Hill were littered and the wind carried cinders and ash throuBh the air and scattered Uiem over a wide area. Some burning embers fell at Jacksonville from a 2.500-acre Tim ber Mountain lire west of there. Everywhere smoke filled the air and was sufficiently dense that spoilers were hard pressed lo see new blazes that sprang un as the heat of the new day brought out Monday's lightning strikes. A fire on Nugget Butte, Just north of Gold Hill, was thought under control Monday but winds whipped it up and Tuesday morn' ing the outlook was uncertain. The Evans Creek fire of Jackson County covered 4.500 acres and several hundred men were fighting It. One of the worst potential haz ards anywhere was at Siskiyou Gap in the Rogue River forest just south ol the Oregon border below Medford, where 1,000 acres had been covered and 900 men were lighting it. Malltciir-Ochot'o rnrests: Sixty miles southwest of John Day, near Izee. some 3.000 to 3.600 acres of pine and brush burned and 200 men with 8 or 10 big tractors were at work. There a wind of 40 miles an hour caused trouble Mon day and while velocity was down Tuesday It was reported still trou blesome. Lloyd Bernhard of the forest of fice said the Seneca fire east of there, the one which Sunday killed Elwood Jackson, 38, of John Day when he became trapped, was "fairly well in hand" Tuesday alt er covering some 3,000 acres. Wallowa-Whitman Forest: Lightning started seven fires Monday, the largest of 20 acres. southeast of Joseph on Little Sheep Creek. Because of the rugged ter rain, smoke Jumpers were sent in. PORTLAND CtKAIN PORTLAND 1 No coarse grains. Wheat (bldi to arrive market, basis No. 1 bulk, delivered coast Soil white 214: Sou White (ex cluding Rexi 2 14: White Club 2 14. Hard Red Winter: Ordinary 2.14. Car receipts: Wheat 27; bailey 44. flour 12; corn 54; milliccd 6. SCREENS Window Frames Doort Saih Glass Estimates Gladly Given! THE GLASS HOUSE 111 N.. tlth . Phasi 7477 Experienced Men - The Right Tools -This Winning Combination Is Yours wHinVoucAu GRAHAM BROS. " Ph. 5541 LAST BIG WEEK MOTHER - ONLY 3 DAYS LEFT A PORTRAIT, J 7", of any child not over 10 reorl, tor $1.00. Ai many children as you want. Additional prints at reduced ra ulor rotel. Phona 4526 for app'r. 1 STUDIO j Phon 4516 IN OUR BEAUTIFUL NEW STUDIO AT 1037 MAIN Weather Western Oregon Partly cloudy through Wednesday except late night and morning overcast along coast and scattered thundershow ers. mostly In vicinity of moun tains. Highs 82-95 except 65-70 along coast. Lows Tuesday night 52-62. Coastal winds westerly to northwesterly, 5-15 miles an hour. Eastern Oregon Partly cloudy through Wednesday. Scattered thunderstorms in mountains. Con tinued quite warm. Highs 83-98 both days. Lows Tuesday night 55 65. Northern Oregon beaches Partly cloudy through Wednesday except early morning overcast. Grants Pass and Vicinity Var iable cloudiness and surface smoke througn Wednesday. Few lightning storms In vicinity of mountains. High 92 Wednesday. Low Tuesday night 64. Baker and Vicinity Partly cloudy through Wednesday with a few afternoon and evening light ning storms. Low Tuesday nighl 48. High Wednesday 90. Fire Weather Slight decrease In fire danger near coast, but oth erwise fire danger will continue very high throughout Oregon in the next 48 hours. Continued warm and dry In all Interior portions. After noon and nighttime lightning prob able in all sections s -" J By THE ASSOCIATED PRESS 24 hours to 1:30 a. m. Tues'lsiy Max. Min. rrcp. Baker 94 55 Bend 98 55 T Boise 97 70 Eugene 97 80 Klamath Falls 97 59 Lakeview 99 58 Medford 101 65 T Newport 70 50 North Bend 71 50 ' Pendleton 98 .66 Portland Airport 93 64 Roseburg 101 60 Salem 97 65 Spokane 94 60 C. M. MERRITT Death Claims Basin Pioneer Clarence M. Merrltt. a lonetime resident of the Klamath Basin passed away last Saturday follow, ing a brief illness. Mr. Merrltt, 89 hed been taken to Hillside Hospital when he became ill, but until that time had m.de his home with hi: son. John. 530 North Tenth. Mr. Merritt moved his family to Merrill from the Palouse coun try in Washington In 1908. He owned and operated a farm south of Merrill along what is now the state line road until 1926 when he retired and moved to Central Point. Following the death of his wife in 1942 he moved back to Klimath Falls to make his home with son John. A native of Illinois, he is sur vived by three sons, John; Elmer F of Ontario, California; C. Eu gene of Klamath Falls; a daughter. Mrs. Edna M- Book of Klamath Falls, four granddaughters and one great-granddaughter. Funeral services will be held from Wards Funeral Home Wednes day morning at 10:30, Rev. D. M. Proett officiating. Burial will take place in the Siskiyou Memorial Cemetery. Medford, at 3 o'clock. Central Point Lodge IOOF will be in charge of the service. Jury Gets KF Crime Cases Chapel By The Garden O'Hair's Memorial Chapel Service For All Incomes 6th and Pine Phone 3456 Keith O'Hair, owner Seven criminal cases were under investigation Tuesday by the Klamath County Grand Jury. District Attorney Richard Bees ley said he anticipated the Jury would be in session until sometime Thursday. The Jury will reconsider the case of Leon Gale Pearson and Melvin Chiloquin. held In connection with the "haircut death" of John Ma drueno. Southern Pacific track worker. Last February Madrueno's frozen body was found at the Pat Jackson Ranch near Chilo quin Junction. Officers said he had been severely beaten and his hair clipped to the skull. The two suspects were Indicted at the last session of the grand Jury. At the request of the district attorney's office, the case was re submitted to the grand Jury for further investigation. Also slated for grand Jury probe is the homicide case against utt. celus Norwest, accused of the shooting of Jackie Jones, former divinity student. Jones was killed instantly In a shooting affray at Chiloquin August 30. Norwest 11 held without bail on a second o. gree murder charge In the county jail. Hammond Organ Chord Organ lrSMt itork lead ing make plane in thin part of the wHt Rent a Spinet piano. Rental pur chase plan. LOUIS H MANN PIANO CO. 120 Na. 7th What'll he be j1" when he grows up? Jm"l raaw Today, more than ever, good j'obs require specialized training. You can guarantee the money for your child's education with a Prudential Education Plan the easy way to be sure the funds are there. 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