Herald and news. (Klamath Falls, Or.) 1942-current, October 19, 1955, Image 4

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Herald and news., October 19, 1955, Page 4, Image 4

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Newspaper Page TextPAGE FOUR MARKETS AND FINANCE STOCKS VIM.lt STREET NEW YORK I The stock market made tt (our In row Wednesday with an advance that reached moderate proportions in the late afternoon. Prices were ud 1 to S points and losses extended from 1 to 2 points at the uutslde. Volume expanded a little as prlc es rose end came to a 1,760,000 shares, thai is well below the dally average so lar this year but it is higher than Tuesday's i.mcv 000 shares traded In a higher market. NF.W YORK 8TOCK8 By TIIK ASSOCIATE) PRESS Allied Chemical 104 Aluminum Co. America 73 American Airlines S3 'i American Motors I ' American Tel. it Tel. 177 Vt American Tobacco 74 V, Anaconda Copper 64 t Atchison Railroad 132 Bethlehem Steel 148 H Boeing Airplane Co. 65 V, Borg Warner 41 "i Burroughs Adding Mach. 25 5 Cal'ornla Packing 40 Canadian Pacific 31 i Caterpillar Tractor 40 i Celanese Corporation 20 Chrysler Corporation 95 Vt Cities Service 55 ! Consolidated Edison 48 Crown Zcllerbach 50 U Curtiss WrlKht 24 V, Douglas Aircraft 78 du Pont de Nemours 218 H Eastman Kodak 78 ft Emerson Radio 13 ' General Electrio 48 V, General Foods 77 Vt Oeneral Motors 134 Vt Georgia Pac Plywood 38 Vt Goodyear Tire 67 Vi Homestake Mining Co. 36 i'j International Harvester 36 4 International Paper 105 '2 Johns Mnnville 83 Kaiser Aluminum 34 'i Kcnnecott Copper 104 !i Llbby, McNeill 15 Lockheed Aircraft 4a V, Loew's Incorporated 20 Long Bell A Montgomery Ward 89 Vt New York Central 46 Northern Pacific 67 "t Pacific American Fish 10 Pacific Gas tt Electric 48 !, Pacific Tel. At Tel. 132 Penney (J.C.) Co. 84 ', Pennsylvania R. R. 25 Pepsi Cola Co. 21 'J Phllco Radio 31 Pugct Bound P It h it Radio Corporation i 44 ' Rayonler Incorp. 33 Vt Rayonler Incorp. Ffd Republic Steel 48 i Reynolds Metals 47 Richfield Oil Safeway Stores Inc. 46 Scott Paper Co. 67 ',' Scars Roebuck & Co. 103 Vi Sinclair Oil 63 Bncony 57 eouthern Pacific 65 Standard Oil Calif 85 Vt Standard Oil N.J. 131 V, Union Oil Company 48 Union Pacific 159 United Airlines 36 Vt United Aircraft 68 Va United States Plywood 37 United States Steel 64 Warner Pictures 19 , Western Union Tel 20 Westlnghouso Air Brake 3b I Westlnghouse Electric 66 WoolH-orth Company 48 ?i J LIVESTOCK SOUTH SAN FRANCISCO Ml IU8DA1 Cattle salable 60; limited volume mainly cows; opening trade on tnis class largely steady, other classes scarce, nominally steady; utility and commercial cows 9.00-11.00: odd head commer clal 11.50; canner and cutter cows quotable 7.00-9.00; shelly cannera down to 6,00 or below; few lot common stock steers 13.00 down Calves salable 10: nominally steady; odd utility and commercial slaughter calves 14.00-16.00. Hogs salable 300; barrows and guts moany 25 lower; sows scarce, not enough on hand to establish market; mixed lot U. 6. No. 1-3 180-340 lb butchers 15.50: few lots, mostly No. I and 3, 240-280 lbs 14.0O-14.to. Sheep salable 156: shorn slaugh ter lambs comprising bulk of early rupply; early sales about steady on wis Class; good and cnoice no. 1 and i pelts shorn slaughter lambs 11.50-11,76; no early sales other classes. CHICAGO LIVESTOCK CHICAGO 11 With demand very slow, butcher hogs sold steady to 25 cents lower Wednesday. That brought prices to another new low since Jan. 4. 1946. The steady quotations were paid cn early rounds. Later, the entire market was down 35 cents and In some Instances 36 cen'.s. Salable receipts at 10,000 head were 1,000 less than expected. Most 190 to 280 pound butchers went at $14.00 to 814.36. several nunored head moved at 814.25 to 814.60 while less than 200 head hit 114.66, the top. Sows sold steady to 36 cents lower at 312.50 to 814.00. . Most Meers sold- around steady while heifers were steady to strong in the cattle section, where sal able reeelpts totaled 16,000 head Top on steers was $34.76 lor two prime loaas. Good and cnoiee steers weighing 950 to 1,360 pounds Old at 819.50 to 822.50. One load of prime heifers set he top at $23.00. Most good and choice kinds sold (or $19.00 to $21.- 75. Cows held steady, topping at '12.50 and bulls also held steady at $13.50 to $15.60 (or utility and commercial. Salable sheep receipts totaled 1- 500. Lambs sold steady to strong in an active trade. Most good to prime wooled lambs went at 111. 50 to $21.50 with th top 131.75. GRAINS CHICAGO GRAIN' CHICAGO Ml An increase in cash soybeans receipts caused a drop o( a couple of cents in beans on the Board of Trade Wednesday. In another slow trade grain pric es were mixed. Wheat and rye enjoyed brief buying (lurries at times. Some demand in wheat was credited to mills while the rye up turn was viewed as a technical re bound from an oversold situation. Corn eased early but came back toward the (lnish. Oats again had a (Irmer tone than corn. Wheal closed higher, De cember 2.01 V,, corn unchanged to t lewer, December IM -4. oats - higher. December 63 G3 t. rye 1 ,-l :l4 higher, Decemb er 1.09-1.08 3-5, soybeans 3 to 3 lower. November 2.33;IV and lard 25 cents lower to 40 cents a hundred pounds higher, October 12.25-12.50. WHEAT Open tilth low Close 3.01 i, 3.02 3 00 Vt 3.01 2 02 ' , 2.03 2.01 , 2.02 H 1 90 3.00 i 1.98 1, 1.99 1, 187', 1.81 J, 1.86 3, 1.88 ft 1 88 t 190 1.88 , l.0 Dec Mar May Jly Sep PORTLAND CRMS PORTLAND in Coarse grains. ij-uy anipmem, nunc, coast dellv. rry; Corn .No. 2, E. Y. shipment No bids on wheat. Car rcrclpis; Wheat 23; barley o. uuui a, com 11; millleed 1 PORTLAND LIVESTOCK PORTLAND l-(U8DA Cattle salable 400; early trading moder ately active and mostly steady but many buyers left market (or Pa cific-International (at stock sale and little action at this aesslon; load and part load good 960-986 lb fed steers 31.00-33.50; (ew commer cial heifers 15.30-17.00; utility dairy type netters around 10.00-ll.to: canner and cutter cows mostly 7.00-8.00, few to 8.50; utility cows mostly 10.00-11.00; sizeable lot around 775 lb stock cows 9.50; few light cutter and utility bulls 11.00- 13.00; few good stock steers 16.00- n.oo. Calves salable 60; market active. steady; good and choice vealers 17.00.19.00; Individual high choice 30,00: good and choice above 330 lb calves 6.50-18.00; cull calves and vealers down to 7.00 or below, Hogs salable 400; market slow: early sales steady to weak with some olds lower; sows around 50 lower: early sales U. 8. No. 1 and 3 butchers 180-236 lbs 16.50-17.00: few No. 3 lots 16.00; (ew around 350-400 lb sows 13.00-14.00. Sheep salable 500; market ac tive; slaughter lambs 36 hither: (ew lots choice with some prime lambs 18.30-18.75; few choice No.2 pell lambs up to 18.00; good and choice (eeder lambs, mostly steady, at 14.00-15.00; cull to choice slaughter ewes aalable 3.00-4.00. HERALD AINU lNt,wa, KLAMATH FALLS. OREGON --- 1 -mm-Ba-s X VV jt v V-v, - . m-mm mi liana ftr Oregon Weather Western Oregon Mostly cloudy through Thursday with a little t.un interior volleys. Night and morn ing fog along coast. Low Wednes day night 42-52. wind rear me coast light, variable. Eastern Oregon Partly cloudy through Wednesday night. Fair Thursday. High 58-08 Low Wednes day night 35-45, with local frost. Grants Pass and Vicinity Part ly cloudy through Thursday. High Wednesday 72. Low Wednesday night 46. High Thursday 74. Baker and Vicinity Partly cloudy with few scattered light showers in mountains today. Fair with high clouds Wednesday nl';ht and Thursday. Low Wednesday nlgnt 35 to 40. High Thursday 63 to 70. Weather Table By THE ASSOCIATED PRESS 24 hours to 4:30 a. m. Wednesday Mx. Min. 1'rcp. Baker 70 45 T Boise 68 51 Eugene 57 49 Klamath Falli 72 31 .01 Lakevlew r8 35 T Medford 74 53 .20 Newport 54 50 .03 North Bend 68 51 T Pendleton C9 50 T Portland Airport 58 54 .01 Roseburg 57 47 T Salem 58 52 T Spokane 65 52 .01 By UNITED PRKSS hours ending at 4:30 a.m High Low nam Wafer Studies Report Made niiMKfitrn Rfnorts on wale : turtles niacic by the State Division of Water Resources will be avail able soon. Mrs. Pauline Davis ..,n,A a,mhlvwnmsD for the sec 'h rfuirict stated at a public dinner meeting Tuesday, tat... rnmmmended that the coun ty planning commission study the reports, map sma'i projects lauei- ing wie wan.-, i ... trial and agricultural use and get f it., information tn thi lpff. Islatlvc delegation. It Is vital, she said, that northern counues pro vide data on proposed water usage before metropolitan areas promote lcalslation channeling the water elsewhere. She expressed the hope that the next session of the legislature would establish a state water de partment ihrouch which a fund could be set up to finance small water projects. Northern cainornia anu oiski 011 County in particular are Just tod its notential de velopment, she said, adding that ireas of the state. The Feather River project !s ipt to set a state policy," Mrs. )avis warned. Temperatures and rainfall for 24 ; bne PP : a project to protect those Interests now, rather than attempt to re gain them later. Mrs. Davis abo expressed the belief that the state and lederal government should begin to work un water projects cooperatively. Weed Plans Annual Party WEED Final plans for the an nual Weed community Halloween party will be coordinated at a meeting tonight at the Weed Court Club at 7 p.m., it Is announced by William Davis, general chair man. The annual party will be held Monday, October 31. The community alfair Is spear headed by the Weed PTA and made possible by cooperation of the Weed recreation commission and Weed division of Long-Bell Lumber Company. Separate parties for different age groups are held at various halls with special entertainment for each. PTA room representatives of the Weed Elementary School act as parly chairmen for the parties which are held following the an nual costume parade on Main Street. Chairmen Include Eldo Rossetto, co-chairman; Earle Dick and Mrs. R. G. Gaynor, finance; Harold Barnum and Theo Lockett, police; Mrs. Gaynor and Mrs. William Davis, publicity; Leno Lenzl, .lames Wllmarth and Arthur Fish, parade; Mrs., Orville Renning. group parties; Jack Kersey, food, and Alvln Austin and Silvio Moro, cleanup. Albuquerque 80 55 Atlanta 57 42 Bakersfield 78 57 Boston 05 51 Brownsville 81 55 Chicago 54 37 Denver 80 48 Detroit 57 47 El Centrn 05 72 Fairbanks 35 23 Fresno 75 65 Helena lili 4!) Kansas City 114 39 Los Angeles 67 New Orleans 73 48 New York 05 53 Oakland fit 56 Oklahoma City 72 48 Phoenix 95 66 Pittsburgh 46 44 Red Bluff 71 50 Salt Lake Cily 82 59 San Francisco r3 58 Seattle 52 50 Thermal v 92 65 Tucson x 94 61 Washington 59 47 Yuma 98 67 .01 California Weather Ry I'NITF.D PRF.SS San Francisco Bay Region: mostly cloudy with occasional snowers today, tonight and Thurs day; little change in temperature; high today San Francisco 64. Oak land 67, San Mateo 67. San Ra fael 64; low tonight 52-57: westerly wind 7-12 mph in afternoons. Northern California: Considera ble cloudiness through Thursday with scattered showers; few scat tered thunderstorms mainly near high mountains; little change in temperature: wind near coast mostly southerly 8-18 mph. sierra evada: Mostly cloudy through Thursday with scattered showers and thunderstorms; slightly cooler Thursday. Sacramento Valley: Considerable cloudiness through Thursday: scat tered showers: little change in temperature: 'ligh both days 68 73; low tonight 60-57: gentle wind. Northwestern California: Consid erable cloudiness through Thurs day with a few showers and thun derstorms; little change In tem perature; high today and low to- nignt Napa 66-52. Santa Rosa 64- 53, Uklah 66-51; wind near coast mostly southerly 8-18 mph. POTATOES By THE ASSOCIATED PRESS (Tieaday) Sixteen cttlta arrivals 360: on track 617; shipments 518; Northern Calif. 3: Central Oallf. 6: Idaho 196: Oregon 16: Washington 114. IDAHO FALLS Mtrket about steady; RusseU No. 1. 15-25 per cent 10 os and larger 1 90-3 V): 30 per cent 10 ot and largr 2 -3 10. SAN FRANCISCO Sr..-m market about sMsdy; Wa.tta-r.rvre Russets No. 1-A 3 if- l iMJ Klamath 3.30-3 36; Mac l Hl LOS ANOELES C!"Mi .. 3 market about ! 7: Umm .,ai- sets No. l-A. i ts. ;i 1 rrT a lire. thicaco POTATor.i I fJr tH'oW. CHICAOO PcAa-Mi. Arm-! ., tt Tr iir. VI. ? VACf wM v v &r- a,iiiciit4 kq7. t,trm in-a i ales: Idaho Ruair-s UWl.lt waihlngum RweU UK M-newla-North Dakou Porusu u - 75.3 88; WlMotuui AebatM II, unwaahtd, aurbanks 13 1 wa triad. WOOL MARKET NEW YORK (UP Wool top fu tures on the New York Cotton Ex change today opened 3 points low er to 1 point higher. Opening prices follow: Oct. 151.5 bid; Dec. 153 0 bid; March 153.5 bid; May 152.8 bid; July 152.5 bid; Oct. (19561 132.0 bid: Dec. 1516 bid: March (1957) 151.5 bid. Wool lutures opened unchanged to 10 points lower; Oct. 1255 bid; Dec. :24.5 bid- March 123 3 bid. May 122.7 bid: Julv :n.5 bid: Oct. 19361 121.1 bid: Dec. 120.1 bid; March (19571 118.1 bid. Potato Shipments ILA.frOMI 51-35 55-56 I Tvul i IttJL. A C ALir. ; l.mt.t; Ivtxl 23 "7" 175 ' "177 Demo Combine Predicted WASHINGTON Pt Sen. Mans field (D-Mont) said today It is a "reasonable assumption" Western forces on a presidential candidate and Southern Democrats may Join and platform in 1956. "The Souh and the West have a community of interest in many fields, including economics," he said in an interview. "I am satis fied that from a political stand point the Democrats tn those areas are interested in getting the kind of platform and candidate most acceptable to all elements of the party." The idea even of a Southern coalition was drawing little sup port, however, at a conference of Southern governors at Point Clear. Ala., though some supported the suggestion, others showed a grow iiifr wariness toward it. The plan supposedly would give Dixie a stronuer voice at the nominating convention. Mansfield, saying he has no can didate at this time, expressed the opinion that Adlai E. Stevenson tops the field of prospects now so far ns the West and South are concerned. Stevenson was the 1952 nominee. I'.ul nmicL-t what he called a wealth of material In the Demo cratic presidential field, he said he would not discount the possibil ity that Sen. Lyndon B. Johnson 'D-Texi mipht become a figure around whom Smithern and West ern Democrats could rally. THE POPULAR PONTIAC 870 FOUR-DOOR SEDAN for 1956 will go on 'display Thursday at Parker Pontiac, 606 South Sixth Street. The new model offers more power and higher perform ance in 1956 with its bigger 205 horsepower Strato-Streak V-8 engine, and an improved Hydra matic transmission that gives smooth economical performance. Exciting interiors and new styl ing features add new beauty to the four-door sedans, available in all three Pontiac series. Weed Rebekahs Donate Funds WEED Members of Atlanta Rcbekali Lod.'e voted last week to send money to Rebekah members in the flooded area In Connecticut. Hostesses for the meeting were Mrs. Harry HedRepeth and Mrs. Alvln Austin. Twenty three mem bers attended. Mrs. C. Flook, noble grand, pre sided and heard plans for the ba zaar and district fellowship meet ing to be held In the White Pine Hall on October 26 at 8 p.m. after the regular meeting. Members of tne arm team prac ticed In preparation for the forth coming Installations in the district. Tule High School To Present Play TULELAKE "Line of Scrim mage," a three act comedy, will be presented by members of the senior class of the Tulelake High School November 18. , Leads will be played by Patricia Schwabebland and Irving Whltak er, who will play Morry Morri son and his attractive secretary. Other roles will be played oy Josephine Tschirky, Charles Smith, Janet scnweigen, Bin wenaamp, Susan Skidmore. Anne Potter, Jack Thomas. Cecil Moore, Wilma Wchlndler, Clyde Farris. Jerry Phillips, Tom Proctor and'Duffy Adam:;. Harrv Santos, director of speech and dramatics on the faculty, will coach tho play. Methodists Set Mission Series Morals Offender Held For Bail A school of missions will PMIlip C. Besson, 31-year-old construction worker, charged with be i a morals offense involving a young held at tho First Methodist Church for six consecutive Sunday eve nings, beginning October 23, The series will start with a 5:30 p.m. family night supper on the open ing night. Classes for all ages will start at 6:30 p.m. From 7:15 until 8 p.m. those present will meet joint ly for a motion picture film on Malaya. Theme of the school will be "The Christian Message In a Revolu-! tionary World." I Leaders of the adult class will be Charles Johnson, Robert Mez ger, Eldred Putnam, Wilbur Worn- er, Allmon Oelss and Paul Camp bell. Each evening during the clos ing period there will be a special feature of interest to all ages. Anvone interested is invited to take part in the school. boy was held In the county Jail Wednesday in lieu of $7,500 ball. ' Beeson, who was arrested after an investigation by County Juven-1 i!e Officers Francis Mathews andj Faye Blackmcr, was given until Friday at 3 p.m. by Acting Dis trict Judge Ceorgo Proctor to ob tain legal counsel. WEDNESDAY.' OCTOBER 19. 1955 Dunsmuir Sets Xmas Decor DUNSMUIR Abou $1,000 win be spent this year, starting Nq, vember 25, on Dunsmulr's street Christmas decorations, the Duns muir Retail Merchants Association has decided. According to Bud Lachennvyer, chairman of the Dunsmuir Cham ber of Commerce retail merchants committee, the city's main street will be decorated from the S tt s Motel In the south to Shasta 6prings in the north, about four miles. Homeowners along the street win be asked to decorate their yards and houses. Seventh and eighth grade Dunsmuir students will make about 40 giant cutouis, 4x1 feel, to hang from lamp posts. A nativi! ty scene will be erected at Bekiap Park in the center of Dunsmuir. Committee chairmen appointed to spearhead the decoration drive are Bill diCristina, street decora tions: Jim Lambert, service sta lion decorations; Marjorie Young, a giant display Christmas tree in ' the city; Francis McEnerney, pro motions and prizes; Harry Har per Jr., Santa Claus; Lee Huddle, town decorations; Fred Lloyd, fi. nance; Dom Siriannl, publicity; Anna McClintock, Christmas the ater program; Erminla Marirni, sidewalk decorations; Joe Baldo, Sacramento Street decorations; J. M. Jones, motel decorations; An drew Coffee, entertainment. SUBURBAN TV CABLE SYSTEM Now available for Rentals $10 A MONTH PLUS TAX For Information, Coll 5214 CLYDE E. SHAW Savings Bonds Report Given Sales of E and H United State: Savings Bonds in Oregon accord ing to Ted Gamble. Oregon Sav ings Bonds Committee chairman, continue at a hiqh level. The in crease in snlcs for the first nine months of this year is 29.5 per cent over 1951. continuing to lead the nation in sales, increase. Gamble said that sales for Sep tember were $3,294,272 and for the Januarv-September period, $35,147, 865 which Is a 10-year high for total bonds sold in the first nine months of this year. AccorUihR to Myron E. Shannon, chairman of Klamath County Sav ings Bends Committee, sales in this counly In September amount ed to $C0.34G. In 1954 sales were $35,989 for the same month. For the nine months. Klamath County sales were $692,226 compared with $465,513 in the same period last year. OIRLS SPONSOR FILM Girl Scout Troop No. 78 Is spon soring the showing of a film In observance of United Nations Week at Mills School auditorium at 4 p m. Thursday, Octoher 20. The film will be a tour of the United Nniinns buildings in New York. Thorp Is no charge and anyone Is welcome. Music Classes Show Increase Enrollment in grade school in strumental classes in the public schools is at its highest point. There are 130 children taking string instruments, which is an increase of seven over last year and 305 enrolled in wind and per cussion classes, an increase of S3 over last year. Elementary school classes are broken down into three divisions, beginning, intermediate and advanced classes and the course of study is so arranged as to give graded training to stu dents from the fourth grade uuuugii nign school j High scnooi music class enroll ment is also at an all-time high with 419 electing music in high school. This is broken down as fol lows: A band, 80: B band, 29: orchestra. 52- a cappella choir, 79: girls' glee club, 71; boys' glee club. 45: mixed chorus, 42; and music theory, 21. Y j Wonderfoljfl'l mW rftA Cards'A" fi TO HONOR IN WEEK Tne Klamuth Falls Council of Church Women will host a United Nations tea in observance of Unit ed Nations Week on Sunday, Oc tober 23 at the YMCA. Tea hours will be from 2.30 to 4:30 p.m. Mrs. D. L. Proctt is general chairman. Women of all church denominations are Invited to attend. SPEEDY SYSTEM for selling anything: Classified Ads! Phone 8111 for an ad-writer. A DISTINCTIVE WAY TO SAY MERRY CHRISTMAS TO FRIENDS AND BUSINESS ACQUAINTANCES IS BY PERSONALIZED GREETING CARDS . ... WITH YOUR NAME IMPRINT. SELECT NOW FROM OUR NEW CHRISTMAS CARD BOOKS. FOI'ND Cil!ILTY Gcorgo Massinjill, 52-year old laborer, accused of stealing a steam Iron from the Anchor Hotel, was found guilty of petty larceny late Tuesday by Acting District Judge George Proctor. He was lined $10(1 In IImi of which he was remanded to the county Jail for 47'3 dnys. He was arrested on complaint of F. H. Bcymer. I m At Hfaton'i for PIPE and PIPE FITTINGS BLACK IRON Galvanized Steel HACK IRON V li JO" Uclvil.t GALVANIIIO H" t. 4" Mlii WILL CASING CALL US! HEAT0N STEEL AND SUPPLY 428 Sping Ph. J.J4J7 JJBOGBdBdSBf amp SHOWING Oct. 21st & 22nd THE AMAZING NEW n n t i b nr Lb li u mi HP ESI 2 LB. PARKER PONTIAC CO. 606 So. 6th Street Klamath Falls, Ore. 5HP-20LB CHAIN SAW The revolutionary chain saw with the most power per pound. SEE IT DEMONSTRATED Fred E. Harnett Co. 600 Spring Ph. 5153