Herald and news. (Klamath Falls, Or.) 1942-current, October 21, 1955, Page 4, Image 4

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    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