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
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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.
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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
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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.
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120 Na. 7th
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