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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Oct. 21, 1955)
PAGE FOUR FRIDAY, OCTOBER 21, 1955 HERALD AND NEWS, KLAMATH FALLS. OREGON MARKETS AND FINANCE STOCKS " WALL STREET NEW YORK Ifl Erly strength In the stock market Friday gave way before mild profit-taking, but late demand for steels orougnt slightly higher close. Price changes generally were within a range of 2 points either way. The Asoclated Press average of 60 stocks was up 30 cents at HG9.90. the sixth straight rise lor the average. The Industrial com' poncnt gained 50 cents, rails were up 20 cents, and utilities were ahead 10 cents. There were 1,139 individual 1 sues traded of which 479 advanced and 404 declined with 11. new highs and IS new lows lor the enr. The volumjT amounted to 1.710,' 000 shares as compared with 2, 160,000 shares traded Thursday. NKW YORK STOCKS By THE ASSOCIATED I'RESS Admiral Corporation 21 't AIMcd Chemical 105 Allis Chalmers 63 3; Alunlinum C3. America 73 3i American Airlines 22 V, American Motors ft 3 American Tel. & Tel. 178 3 Amerlcnn Tobacco 76 Anpconda Copper 1 64 Atchison Railroad , 112 , Bethlehem Steel . 154 Boelnpr Airplane Co. 65 ' Borg Warner 41 Burroughs Adding Mach. 25 K California Packing 40 "3 Canadian Pacific 31 Caterpillar Tractor 50 Celanese Corporation ' 20 Chrysler Corporation 94 ',i Cities Service 57 '4 Consolidated Edison 47 ' Curtiss Wright 24 Vt Douglas Aircraft 74 duPont de Nemours 218 Kastman Kodak 70 14 Emerson Radio 12 '4 General Electric 47 74 General Foods 79 General Motors 13B Vi Georgia Pac Plywood 39 Goodyear Tire 69 (4 Home.stHke Mining Co. 36 International Harvester 36 t International Paper 104 'i Johns Mnnville 82 Vi Kaiser Aluminum 34 i Kennccolt Copper 104 Libby. McNeill 15 Lockheed Aircraft 50 Loew's Incorporated 20 Lorur Bell A 34 ' Montgomery Ward '90 New York Central 46 i Northern Paclllc 68 Paciflt American Fi.sh 10 li Pacific Gas it Electric 48 H Pacific Tel i Tel. 133 V4 Penney (J.C.) Co. 96 Pennsylvania R.R. 26 Vt Pepsi Ola Co. 21 A, Philco Radio 31 Vt PUROt Bound P & L. 37 :! Radio Corporailon 43 Hayonler Incorpo. 34 Vn Republic Steel " 48 Vs Reynolds Metals 48 t nichfield Oil . . 73 I, Salcway Stores Inc. ' 47 Vi Scott Paper 'Co. 60 m Bears Roebuck It Coi ' 1 103 "j Sinclair Oil . . 86 ' Socony . 59 Soulhern Pacific 67 I Standard OH Calif. 84 (Standard Oil N.J. 1.12 7, Studcbaker Packard 10 Sunshine Mining 9 Swift ti Company - 45 Trnnsnmerlca Corp. 40 Twentieth Century Fox 26 Union Oil Company 48 Union Paclllc -167 t United Airlines 36 H United Aircraft 58 14 United Corporation 6 lj United States Plvwood 37 -4 United States Steel 56 ' Western Union Tel. 21 Vs Westlnghouse Air Brake 25 Wcstlnghouse Electric 57 V, Westlnghouse Electric 67 ' Woolwortli Company 48 7( POTATOES By THE ASSOCIATED PRESS The Thursday potato report from the Portland office of the U. 8. Department of Agriculture: Sixteen cities arrivals 317; on (ruck aoO; shipments total 602; Northern Calif. 8, Central Calll. 9. Idaho 220. Oregon 17, Washington 131. IDAHO FALLS Market about I m sicuaj ; missels No. 1. 2 In mm 10-20 per cent 10 oi and larger 1 85; 20-30 p.-i cent 10 oz and larg er 1 85-1.95: 30 per cent 10 oz and larger 1.06-2.06. SAN FRANCISCO Street stiles market slightly weaker; Klamath Hili-scls No. 1 J In, 2.86-3 25: Idaho 3 50-3 90; Drst hutcs 3 00-3.25. LOS ANGELES Market about (toady: carlol sales Idaho russets No. 1-A. 2.50-2.75: Deschutes 2.60- 2 75: Klamath 3.85. aiH'AGO POTATOES CHICAGO M Potatoes: Aril vuls 101. on Irark 244 and total U.S. shipments 617; market lor best stock Reds firm, for Russets unsettled. Carlot truck stiles: Ida ho Russets $3 00; Washington Ba kers $3 75: Minnesota-North Da kota Pontlacs $2.75-3.00. 1 "Tpe Tapping Tunes Tantalizingly Tendered To The Terpsichorean" BY THE Clod and Jan luo HELD OYER 2 MORE WEEKS AT YOUR REQUEST PONDEROSA ROOM OF THE WILLARD HOTEL tV DINING DANCING ft COCKTAILS iilMv. LIVESTOCK CHICAGO LIVESTOCK CHICAGO ifl Butcher hogs held steady lor the first time this week although the top price at $14.35 was down 6 cents from Thursday. It also was at a new low since 1945. Sows also were mostly steady, although in some cases losses of 25 cents were sustained. Most 190 to 280 pound butchers moved at (14.00 to 114.25. Several hundred head brought 114.25 to $14.35. Sows sold from 12 to M3.65. Demand was active through out with all interests buying. Sal able receipts totaled 8.000. Steers and hellers were quoted nominally steady In the cattle sec tion where salable receipts totaled only 1,000. A few good steers were taken at 20.00 to S21.00. Cows were steady to 50 cents down at $10.26, to $12.00 for utility to low commercial -and $9.50 to $10.75 for most canners and cut ters. A few light canners sold down to $8.00. Bulls were steady, topping at $15.50.. Salable sheep receipts totaled 1.00O. Prices held steady. Buyers paid $19.00 to $21.50 lor most good to prime wooled types although a few lots of prime reached $21.75 to $22.00. PORTLAND LIVESTOCK PORTLAND Wl tUSDA Cattlt salable for week 3,450; market, mcdera'ely active on most chisscs; generally a steady market wiln choice fed steers the exception, selling weak-50 lower; truck loi and load choice 1,006 & 1,058 lb led stetrs 24.00, around three loads . choice 993-1 .064 lb 23.50; good-choice 23.00; good 20.00- a.ao latter carrying few choice; commercial steers 16.00-19.00, In cluding around four loads 949 lb grass steers 17.00: utility dairy type down to 11.00; medium-good stock steers 14.00-18.00: two loads good choice fed hellers 21.50 sorted with good 799 lb lot 20.00, other good heifers 19.00 - 21.00; commercial 15.00 - J7.00; utility 10.00-14.00; canncr and cutter cows 7.00-8.50, shells down to 6.00: utility cows 9.50-11.50; commercial 12.50-13.00; few heavy culter-com' merclul bulls 11.00-14.50 one lot at 15.00; light cutters down to 10.50: several lots stock cows 8.50-9.50, few to 10.50. Calves salable 485: market mostly steady with heavy calves in fairly liberal supply, under com mercial grade very slow: good- choice vealers 17.00-19.00, few to 20.00; ?ood-choice calves 16.50- 18.00; choice stock steer calves tr. 19 00; utility commercial 10.00 16.00; culls down to 7.00. Hogs salable for week 2.525: market fully 1.00 lower, some No.3 lots 1.26 off late; bulk U.S. No. 1-2 butchers 1B0-236 lb 16.50-17.00, deck early 17.26: No.3 lots down to 15.75 late: heavier and lighter weights 15.00-50; sows. 350-500 lbs 12.50- 14.00; Hunter sows to 15.00 and ever early. Sheep salable for week 3,310: market airly active, steady-strong with some slaughter lambs 25 higher late, ewes weak-50 lower Rood-choice lambs 17.00-18.00 choice-prime Vo.i pelts 18.00. tow choice with some prime fed and range minus is. so, lew lots 18.75 late; good-choice feeder lamb." 14.00-15.50; heavy range feeders 16.00-60; cull-good slaughter ewes at narrow range of 2.00-4.00. GRAINS CHICAGO GRAIN CHICAGO Iff! Light but persist ent selling sent all grains lower the Board of. Trade Friday. Dealings became a little more ac tive than earlier In the week. Corn was the weakest srjot. Sov- beans also were weak. Wheat, oats and rye failed to put up much rcslstencc to the selling. In wheat the weakest months were those on which 1956 crop wheat will be available for delivery. Wheal closed l'i-l'i lower. De cember 2.00V2.01; corn 2 3,-2'i lower, December 1.24V'i; oats lower, December 623,; rve 2'i to 3 cents lower, December 1.07; soybeans ul-2:, lower, No vember 2.30-2.2914 and lard 18 to 23 cents a hundred pounds lower. November 10 97. WHEAT Open IIIkIi Low (lose Dec 2 02 i, 2.02 2.00 2 .00 ar 2 02 K 2 03 2 011 , 2nis. May 2 00 3.00 ' 1.98 1 98 ' I Jly I 87 ', 1.87 1, 1 85 j 1.86',! Sep 1 88 1.88 1 87 4 1.87 , PORTLAND GRAIN ' PORTLAND i.fl Coarse grains.! 15 -day shipment, bulk, coast' delivery: I com. No.2 E-Y shlpmenr . 57 25 Wheal: No transactions. Friday's car receipts: Wheat 10. barley 8, llrur 2, corn 20, oats 3, mill Iced 6. Complete Chiropractic Core DR. J. W. LOWE Ph. Oil. 2-1 111 . Ret. 2-0182 111 So. 4th, Stivtni Hotel Bids. Oregon Weather Eastern Oregon Cloudy through balurday: little cnangc in temper ature. Highs 60-70; low Friday night 30-40. Western Oregon Mostly cloudy with patches of log during night and morning hours; partly sunny alternoons; little change in tcmoer ature. Highs 60-70 except 55-60 on const; low Friday night 40-48 Winds along 'coast variable 8-15 mph. Grants Pats and vicinity Fair through Saturday. Low Friday meht 42; high Saturday 73 Baker and vicinity Fair through Saturday. Low Friday night 20, high Saturday ti5. Five Day Forecast Western Area Temperatures averaging near normal with highs of 55-56 Western Washington and 00-70 Western Oregon. Lows 36-46. Rain likely late Sunday and again near end oi period wun total imounti U to 1,4 inch over Interior and 1 to 2. inches on coast, except very little expected Interior ex treme southwest Oregon. Eastern Area Temperatures averaging neai or above normal with highs 55-65 north portion to CO-70 south portion. Lows 30-0. except 24 hl!h valleys. A few showers east slopes Cascades Sun day night and again near end pe- rod; otherwise little or no pre cipitation. Weather Tobfe By THE ASSOCIATED PRESS 21 hours to 4:30 a.m. Friday Max. Mln. Prep. Ba'ter 66 20 Boise 67 46 - Eugene 63 45 - Klamath Falls 63 32 T Lakevicw 04 33 T Medford 70 48 T Newport .. - 58 49 North Bend .. 53 48 Pendletcn 63 47 - Portland (Airport) 64 49 - Roseburg 64 44 - Salem 67 45 Chicago 74 50 - Denver 72 42 - Los Angeles 64 60 - New York 62 50 San Francisco 72 53 Seattle 1 54 47 Spokane 69 38 - By V ITED PRESS Temperatures and rainfall for 24 hours ending at 4:30 a.m. High Lew Rain Albuquer-iue 79 52 Atlanta 69 47 Bakersfield 74 60 Boston 66 52 Brownsville 84 63 Chicago 75 50 Denver 72 42 Detroit f6 - El Centro - 66 Fairbanks 15 2 .01 Fresno 76 52 Helena 65 29 Kansas City 81 50 Los Angeles 64 .60 Miami 78 ' 75 New Orlcnns 75 49 New York 62 51 Oakland 68 54 Oklahoma City 85 54 Phoenix 90 63 Pittsburgh 61 49 Red Bluff 75 52 Salt Lake City 67 39 .14 San Francisco 69 64 Seattle 54 47 Stockton 76 48 Tucson 89 69 Washington 66 45 Yuma 91 63 WOOL MARKET NEW YORK (UP) Wool top fu tures on the New York Cotton Ex change today opened unchanged to 25 points lower. Opening prices follow: Oct. 149.0 bid; Dec. 152.0 bid; March 162.5 bid: May 152.0 bid; July 151.5 bid: Oct (1956) 151.0 bid; Dec. 150.5 bid; March (1957) 150 0 bid. Wool futures opened 13 points lower to one point higher: Oct. 126.0 bid; Dec. 124.2 bid; March 12,1.0 bid; May 122.5 bid; July 122.0 bid; Oct. (1956) 121.8 bid: Dec. 120 5 bid; March (1957) 119.0 bid. LIONS SPONSOR JONES Members of the Klamath Falls Lions Club announce Friday they will sponsor the appearance here of Spike Jones and His Musical Depreciation Revue. Friday, No vember 8 at the Pelican Theater. Performances will be held at 6 p.m. and 8:30 p.m. Potato Shipments SEASONS 54-55 55-66 Dally Truck Ore. Dally Rairbrr" DiillyTrucjTf'allfT" Dally" RalFCiillL Dnllv Total ORE. & CALIF. Mnnlhlr Total Season's Total 272 ""387"" 230 ""232 SUBURBAN TV CABLE SYSTEM Now ovailoble for Rentoli $10 A MONTH PLUS TAX For Information, Coll S214 CLYDE E. SHAW Gra-Y Slates Activities The Gra-Y Fun Club will com mence full scale activities Satur day at the YMCA. 722 Pine Street. The Gra-Y Is a club geared to the interests of boys 9 to 12 years old and membership is offered to all qualifying youths of the city and county. The group will meet each Satur day at 10 a.m. and crafts, archery, trampoline and tumbling will be provided members desiring to en ter those activities. At noon all members will cat a sack lunch together In the Y social room followed by a club program of singing, business meeting and Gra-Y ceremony plus stories of teaching. The afternoon session from 1 to 1:30 will consist ol a recreational program at Fremont School gym or 'school grounds, hikes and out ings, visitations to places of in terest such as the airport, radio stations, and educational movies. Adult leadership of Jack Powell. Oregon Technical Institute, and Bill Cornell. Y Program secretary, will be assisted by two Junior lead ers. Jerry Sawyer and Jefl Woods, trained at the Seabeck Summer Schoo'.- For further Information call Y headquarters, 9279. Bed Check Results In Dunsmuir Fine DUNSMUIR M. Donal Bris- lewn. 27, of Sacrameno. was fined $25 in Dunsmuir Judicial Court Wednesday after he pleaded guilty to a charge of writing a check with insufficient funds. William Ealy, owner of the Cor ral Restaurant, signed the com plaint last June after Brislawn paid for meals for his magazine crew by check. Brislawn explained he had been short of funds and later sent Ealy a money order covering the amount of the check. Judge A. A. Smith lectured Bris lawn on this ill-advised method of solving financial problems. He was arrested in Sacramento on a war rant and bail was posted on his behalf by a friend. ' California Weather By UNITED I'RESS San Francisco Bay Region: Fair today, tonight and Saturday but late night and morning fog; little change in temperature; high today San Francisco 66, Oakland 69, San Mateo 7C. San Ratael 70; low to night 50-55; gentle west winds. Northern caiiiornla: Fair today, tonight and Saturday but night and morning fog near coast; little chenye in temperature: variable winds 7-14 mph ncor coast. Sierra Nevada; Fair today, to night and Saturday; little change- in tcmpcratuic. Sacramento Valley: Fair today. tonight and Saturday; little change In temperature; high both days 70. 80; low tonight 46-54; gentle vari able winds. Northwestern Caiiiornla: Mostly lair today, tonight and Saturday out considerable log near coast and morning fog coastal valleys; little change in temperature; high loday and low tonight Ukiah 70-52. Santa Risr. 73-48, Napa 74-47; var iable Winds 7-14 mph near coast mostly northwest in afternoons. Find Faulty Patch In Truck Debris CUMBERLAND, Md. Ifl A faulty patch on an air-brake hose was blamed Friday for the death of five persons killed in a runaway truck last Wednesday. Sgt. William F. Baker of the Maryland State Police said he and two Cumberland trucking expertr examined the hose on the truck which roared out of control down Big Savage Mountain, smashing into a second truck and an auto mobile on Cumberland's west out skirts. Baker sold there had been a break in the hose, the break had been patched with friction tape, r.nd the tape had worn out, caus ing the leak to reappear. Paul Stewart Myers. 26-year-old driver oi the truck, was charged Thursday with manslaughter and Ray Wells, owner of the vehicle, was arrested as a material wit ness. ADENAUER TO RETl'RN BONN, Germany 141 Chnnccl lor Adenauer Is expected to re turn to ills official duties at the end of next week, informed 0II1 cials said Friday. The 79-year-old chancellor has been ill with bron chial pneumonia since Oct, 7 at ins home Upper Floor for Rent 619'i Main. Suitable for ollict, business, aportmenr or penthouse. DREWS Manstore H J:J 0 I Jit' I 1 ifrfi!"--"r- -"" i R : amMc&m A YvcATHER BALLOON was found by Louis Mandros, 443 Vi Trinity, while hunting last weekend. Mandros said that he was reluctant to touch the balloon, feeling that it might contain a bomb of some kind, but when he examined it, he found that it was a weather bureau observation balloon. The box-like ob ject he holds in his right hand is a radio-sonde, which contains a small radio transmitter to send weather data to the ground station. In his left hand, he holds the paper parachute which lowers the radio-sonde to the ground after the balloon loses its gas. Finders are asked to take the radio-sonde units to the near est post office, so that they can be re-used. -I School Boards Buy New Buses Three school buses to serve the county schools where needed were 1 purchased by the Klamath County i School Board District, following opening of bids in the office of Carrol B. Howe, county school su- j perintendent, October 20. Low bid of $10,995 on a 79-pas-sengcr transit pusher-type coach j was submitted by the Utility Equip ment and Trailer Company. Port- j land. Five other bids on this bus were submitted. j A conventional type, 48-passen-: ger bus was bought from the Bal siger Motor Company, Klamath Falls, on a bid of $5,007.10. Third vehicle approved by the board wa? a 66-passcnger bus, bought from E. A. Mock and sons, Eugene, for $7,662.94. The county system has 35 regu lar bus runs. Present for the meeting were Corrol B. Howe, Klamath County school superintendent; John Hey den, clerk of the county school board; Elmer Lemler, Merrill, county school board member at large, representing the southern sone; Leroy Gienger, Chiloquin northern zone; William J. Burnett, Bonanza, eastern zone: and Ray L. Garrison, Klamath Falls, central zone. p v r-; III Sj TORCH FIRE DETROIT (UP) The gas-burn-ins; flame in a 60-foot torch repre senting Detroit's united Founda tion's Torch Drive was snuffed out Thursday night. The torch caught livn ' 1 HOT DOGS! COFFEE! At. SEARS . . . Friday 6 Yes, It's on The House! Sears Does It Again! heading Time Is Your Time The newspaper is the basic advertis ing medium because it does not have to compete with other interests and activities for your attention. It al ways is waiting to be read at your convenience - as you are doing now. School Chiefs The members of the three school boards ot Klamath County and the superintendents of the city and county schools met last night for a study of school financing on the state level. The meeting convened in County School Superintendent Carrol Howe's office in the Vet eran's Memorial Building. The meeting was called by the school officials In compliance with Oregon law No. 19 which requires school superintendents of each county to call a meeting with school boards within each county for the study of problems of or ganization and finance. . No recommendations were made pertaining to the organization of the school systems because the systems of both the city and coun ty comply with Oregon laws per taining to the organization of these systems. The systems have been organized for 30 years. The boards will study school fi nancing further at future meetings and .submit recommendations to ENTIRELY DIFFERENT Year-Round AIR CONDITIONER WEATHERTRON THE AlI-flECrfC G-E HEAT PUMP ... HEATING COOMNG FOK HOMCS, STORES, OFFICES HEATS without burning fuel COOLS without using water . . . uses only air, electricity SINGLE UNIT for entire home! GENERAL ELECTRIC WEST t Sheet Metal Works 245 East Main Ph. 3769-Rei. 3254 Nite to 9 . A Feature Hold Meetings the state legislative Interim com mittee on school affairs. No an nouncement of any finance recom mendations ' was made at last night's meeting. 1 Present for the session In addi tion to members of the three school boards were Arnold Ora lapp, superintendent of the Klam ath Falls schools; Carrof B. Howe, county school superintendent; Har old B, Ashley, clerk of school boards one and two, Klamath Falls: John Heyden, clerk of the county board; C. C. Carlson, prin cipal of Klamath Union High School; Mrs. Lucille O'Neill, mem ber of the Oregon State Board of Education, and Mrs. Ralph W. Stearns, former member of the Klamath Falls Elementary School Board. PURE 200 I.blels 79C of Sears Days 1 i s f IJJ oxn
