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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Oct. 26, 1955)
HERALD AND NEWS, KLAMATH FALLS, OREGON WEDNESDAY. OCTOBER 28, 1955 MARKETS AND FINANCE STOCKS WALL STREET . NEW YOftK UH The stocV market declined Wednesday with aircraft at the bottom-of the tilde. i Prices were off (round I points at the outside, and some (aim went to that figure. Hie plus alms. however, usually were small and scattered. . Trading simmered down to an estimated 1,700,000 shares (or the day. That compares with 1,50,000 shares traded Tuesday. Boeing was weak on news that the federal government found it had taken In 10 million dollars In excess profits in 1992. That's three million after taxes. Other alrcrafts lost ground as well or were un able to hold small gains. The over.all decline of the mar ket, however, was regarded as somewhat of a breather by brokers who pointed out that the fall In prices Tuesday and Wednesday followed seven straight advances. NEW YORK STOCKS By THE ASSOCIATED MESS .1 Admiral Corporation Allied Chemical Allts Chalmers Alujnftium Co. America American Airlines American Motors American Tel. Ai Tel American Tobacco Anaconda Copper Atchison Railroad '' Setlilehem Steel Boeing Airplane Company Borg Warner -' Burroughs Adding Machine California Packing Canadian Pacific - Caterpillar Tractor ' Celanese Corporation Chrysler Corporation ' Cities Service Consolidated Edison ' ' Crown Zelltrbeca curtlss Wright .. Douglas Aircraft cm Pont de Nemours Eastman Kodak , Emerson- Radio ' General Electric ' General Foods General Motors Georgia Pacific Plywood Goodyear Tire I . Homestake Mining Company International Harvester International Paper i Johns Manvllle , Xalser Aluminum Xennecott Copper Libby, McNeill Lockheed, Aircraft , Loew's incorporated ', Lorlg Bell A Montgomery Ward Northern pacific Fish Pacific Gsa it electric Pacific Tel. ii Tel. . Penney t J. O.) Co. Pennsylvania Railroad Pepsi Cols Co, Phllco Radio Fug bound P. It L. Radio Corporation Rayonler Incorp. Rsyonler Incorp. Fid. Republic Bteel Reynolds Metals - Rlohlield Oil Gateway stores Inc. ' Beott Paper Company Sears Roebuck Co, Sinclair Oil - 6'ouih.rn pacific, Standard Oil California standard Oil N. J. 8ttidebalcer Packard Sunshine Mining Swift It Company ' . Transamerica Corporation Twentieth Century hTox . Union Oil Company Union Paclfio United Airlines United Aircraft ' United Corporation United States Plywood United States Steel Warner pictures Western Union Tel. Westlnghouse Air Brake Westlnghouf e Electrlo . . Woolworlh Company 107 i 61 73 SS Vi 17 18 M'i 130 6 194 35 S 40 y. 31 SO " 21 V. m y, 67 47 si y 24 H 11 Vi l'J 4',i 80 133 , M 'A 2i 104 ft 3 34 A 104 V, 14 , 4i r, ; 20 . M Vi M 4i ". . 133 ft 14 y, 2 31 ft MV' 37 43 ft 33 H 4S ft 41 U, 47 67 101 ft 6 la "ft M Vi 13 ft 10 , 45 ft 41 ft 27 ' 48 ft 154 !i 8l ft 37 ft 65 la SO 21 29 ft 64 ft 48 r. LIVESTOCK PORTLAND LIVESTOCK PORTLAND 0 (U8DA( CalllD salable 600, market generally steady, cows active, fed steers. .neiiers continued very slow: load good and choice 1.090 lb fed steers 22.&0, fe,v lots commercial 18.00- 18 SO; long load low good 050 lb neuers 18.00 and small lots good around 860 lb weights 18.50: few utility and commercial heifers large 10.00-14.00; canner and cut ter cows 7.00-8.00. large number to 8.90, shells down to 6.00 and below; utility beef type cows 8.50 11.60, few low commercial to 12.00: utility bulls largely 13.00-13.90, cut ters to 10.00-12.00. Calves salable 50; market un even, good and choice vcalers ac tive steady at 17.00-19.00. Individu al nigh choice to 20.00-21. 00, heavy calves continued slow at 10.00' 17.00. cull calves and vealers down to 7.00. Hogs salable 200; No. 1 butchers scarce, generally steady; mixed lots No. 1-2 butchers 180-235 lbs mostly 15.00-16.25, few lots strictly no. l, is. ao, No. 3 grades weak' SO lower at 19.00, few 490-570 lb sows 12.00-13.50. Sheep salable 300; market active, steady-strong, around two decks choice with some prime fed and range lambs carrying No. 1-2 pelts is.uo.ii.eo; f;ooa and cnoice wooled lambs mostly 17.50-18.50 with few lots to 19.00, few lots good and choice heavy feeders 15.00-16.00; few good ewes 3.50, cull and util ity 2.00-2.75. CHICAGO LIVESTOCK CHICAGO im Producers cut back ihog shipments Wednesday and prices worked upward. Butch ers sold strong to 25 cents higher wnne sows were steadv. Salable receipts at 12.000 head were 3,000 under the advance estl mate and 6.000 below Tuesday's neavy run. Most 190 to 280 pour' butchers sold at J13.10 to 113.40 but there were a few hundred lots at $13.90 to $13.79, the top. Sows brough S12.00 to 313.00. Salable cattle receipts came to u.ouo head. Steers sold steady to $1.00 lower. Heifers were steadv to 60 cents down. sold at $34.25. Buyers obtained most choice and niime kinds at $19.00 to $23.90. High choice to prime heifers went at $21.50 to $22.00. Cows and bulls sold steady to 60 cents lower, cows topping at $12.60 and bulls at $15.50. Salable sheen receints (ntnlc-i 1,000. Wooled Iambs dronDed 35 to 60 cents at $18.00 to $21.00 for good to prime offerings. A few set a top at $21.26. Oregon Weather Western Oregon partly cloudy and-, cooler Wednesday night. Thursday partly' cloudy In south half and Increasing cloudiness north half with rain late Thursday or Thursday night. Low Wednes day night 32-42; high Thursday 90 68. Coastal winds west to south west 5-15 miles an hour, becoming south to southwest 10-20 Thursday. Eastern Oregon Clearing Wed nesday night. Much cooler. Fair with slowly rising temperatures Thursday; high Thursday 94-64; low Wednesday night 25-36 and 20 In high valleys. Baker and Vicinity -Partly cloudy with scattered showers early Wednesday night. Clearing r.nd cooler later In night. Partly cloudy Thursday with a few show ers In nearby mountains. Low Wed nesday night 27; high Thursday 64 Grants Pass and Vicinity Clearing and colder with frost Wednesday night. Fair Thursday except morning fog. Low Wednes day night 32; high Thursday 62. IP' .'LI' V Weather Table By THE ASSOCIATED PRESS 24 hours to 4:30 a. m. Wednesday Max. Mln. Prco. Baker - 68 37 - .07 Bend 69 25 .02 Boise . 75 49 T Eugene 66 40 .52 Klamath Falls 65 37 .27 Lakeview 65 40 .16 Medford , .61 43 .78 Newport 59 42 1.46 North Bend " 63 46 1.15 Pendleton 74 43 .16 Portland Airport '66 '46 1.13 Roseburg 70 40 .71 Salem 65 42 1.25 Spokane 65 37 ,10 By UNITED PRESS Temperatures and rainfall for 24 hours ending at 4:30 a.m High Low Rain GRAINS CHICAGO GRAIN LIVESTOCK CHICAGO ( Com spurted sev eral cents on the Board of Trade Wednesday stimulated by a report me government will aoon take ac tion to help support prices. Most outer cereals were ahead with corn although soybeans held oaca unoer neaglng pressure. Trading was qutet In all pits, ex cept for sporadic .bursts ofactlv- iiy in corn. T , wneat closed ft-3ft hlaher. De. camber 3.02'4-H: corn 2ft-jft high- "i ""raiwr i.zs-i.zu'j,: oats ft higher. December s.rv. i'a nigner. December l.nait.a'.- soyDesns Vr"t higher. November d.an'H ana lard in in it nie . hundred pounds lower, November 1U.03-1V.I2. WHEAT Open High Low Close 2.01) ft 2.02 i 2.00 2.02 ', 2.01 ft 2.03 V, 3.01 ' J 2.03 J, 2.00 14 1.98 i, 2.00 a. Albuquerque -71 46 Atlanta 68 42 Bakersfleld 84 59 Boston 49 37 Brownsville- 79 54 Chlcaro 68 44 Denver 75 38 Detroit 51 43 El Centro 93 69 Fairbanks 22 19 .04 Fresno 84 49 Helena 77 46 Kansns City 79 50 Los Angeles 69 58 Miami 80 69 Minneapolis 71 44 New Orleans 71 46 New York 1 49 43 Oakland 68 53 .01 Oklahoma City 78 46 Phoenix 88 57 Red Bluff 77 65 .07 Salt Lake City ' . 66 42 San Francisco 67 53 .04 Seattle 62 41 .66 Stockton - 89 55 : Thermal . .' 92 67 Tucson , 88 56 Washington 65 41 Yuma 93 62 Dec Mar May Jly Sep 1 187 , 1.88 yt 1.87 V4" 1.88 1-89 -i 1.90 1.89 M 1.90 SOUTH SAN FRANCISCO (fi fUSDA) Cattle salable 60; supply insufficient to fully test market lew canner-low utility cows about steady at 7.00-9.M; on Tuesday good slaughter steers l$.oo; utlutv cows 9.5O-U.00; medium feeder steers 16.50. Calves salable 60; opening mod erately active, most classes about steady; few lou good slaughter talves 17.0fMI.00; utility calves 14 00-15.00. Hogs salable 100; no test of mar ket earlv; on Tuesday mixed lots 14 36 1M'W 'b bu,ch,rs Sheep salable 300; moderately active; slaughter lamba steady strong; instances 60 higher- couple decks choloe shorn 92 lb slaughter lambs with No. 1 and 2 pells 19.35. WOOL MARKET NEW YORK (UPi Wool top fu lures on the New York Cotton Ex. low"'6 loiy- fP'ned t0 10 pomta Opening prices follow; Dec. 16S 0 bid; March 164.0 bid; May 153.5 bid; -July 153 4 bid; OiU (1947) 15i5 bid; Dec. 162.0 bid; March 1 l37i 150 6 bid. Wool futures opened I to 1? jjoinw lower: Dec. 136.6 bid .March 124.4 hid; May 134.0 bid; July 123 5 bid; Oct. (1M7i uj 0 bid: Dec. 121.0 bid; March U941) l.'O O bid PORTLAND GRAIN PORTLAND Coarse irr.ln. 15-day shipment, bulk, coast dellvl ery: Oats No. 2, 38 lb white 40.50. Barley No. 2, 45 lb 46.60-47.00. Corn No. 2, E. Y. shipment 58.00. Wheal: No bids or offers. Car receipts: Wheat 24; flour 5; corn 32; mlllfeed 13. POTATOES Bv THE ASSOCIATED PRESS The Tuesday potato market re port trorn the Portland office of the U.S. Department 0 Agricul ture: Sixteen cities, arrivals. 315: on traek (86; shipments total 479 Northern Calif. 8. Idaho 177; Ore gon 2J. Washington 73. IDAHO FALLS Market about steady. Russets No. 1, 20-30 per cent 10 ox and larger 1.70-1.85; 30 per cent 10 oa and larger 1.85-3.00 KAN FRANCISCO Street sales, market about steady. Washington Russets No. l-A 2.85-3 00 LOS ANOELES Street sales market dull; Idaho Russets No. I A. 2.85-S.OO: Deschutes 3.85: Klam ath 2.75-3.00. CHICAGO in Potatoes: Arri vals 72, on track 306 and total U.S. shipments 35J; supplies moderate, demand light and market dull Car lo! track sales: Idaho Russets 3M' Washington Russets $3.15 ! California Weather By UNITED PRESS ' San Francisco Bay Region: Most ly lair today, tonight and Thurs day; sllRhtly cooler today and tonight;- high today San Francisco 61, Oakland 63, San Mateo 66, San Rafael 67; low tonight 45-51: west- erlv nrlnrls 19.QS mnh tn4a Northern California . "1 t ,:T-7j laaati t M-inii.-y ; " ,' ..... . : -.. , ? ; - ,. it a tM i- -i r'v" ' ir' ":iflflfK' mi 1 Tr 11 inn, 111 111 i'i" .?&eiiae JSKt'il kii-iaf FAAn in nun . . A . ,. . nen iwn vvji rwvii mAxati uwrteR tMIL AUKtbrll I in torec-roundl will supervise the formal opening of his new food store, located in the Town and Country shopping center on South Sixth Street, tomorrow. The market, one of the largesf in the stete, hat a selling area of 60 by 170 feet and will employ about 30 people, Albrecht said. The store will be open 9 a.m. to 9 p.m. seven days a week. Latest type refrigeration in the meat department pro vides a holding room for 40 beeves. The store also has large cold storage cabinets for beverag es and a large frozen food and produce department. A large supply of all types domestic and foreign cheeses are offered in addition to canned goods in various price rengei. Three Cited For Accidents Three citations were Issued bv Klamath Falls police as the result of two traffic accidents yesterday alternoon. A 16-year-old girl was cited to the Juvenile court after an acci dent at 3:40 p.m. at Reclamation and Mitchell streets when her auto and one driven by Ray T. Good- wyn, 200 Market collided. She was cited for failure to yield right of way and -driving without a license. Goodwyn was fined $5 In munici pal court this morning for driving wunout a license. In the second accident, a pedes trian, Joe Walsh, 410 South Fifth Street, suffered minor injuries when he was struck by an auto while crossing Klamath at South Sixth at 7:05 p.m. yesterday. He was treated at Klamath Val ley Hospital and released.. Thomas Eldon Webb, of Red ding, driver of the auto which struck Walsh while making a turn, said that his vision was obscured by rain and the lights of oncom ing vehicles. He Is scheduled to appear in municipal court on Fri day on a charge of failure to yield right of way to a pedestrian.. Major Injuries Suffered By Man cloudiness today with a lew scat tered showers over mountains from Yosemlte north; fair tonight end Thursday but local coastal low clouds; cooler Inland today and tonigm: northwest winds 12- 25 mph decreasing tonight and be coming variable 8-15 mph north of Eureka. Sierra Nevada : Partly cloudy to day with scattered showers Yose mlte northward; mostly fair to night and Thursday; cooler today and tonight. Sacramento Vallev: Mostly fair today, tonight and Thursday; cool er today and tonight; high both days 65-75; low tonight 43-50; gen tle wind. Northwestern California: Mostlv fair today, tonight and Thursday except variable coastal cloudiness; cooler inland today and tonight; high today and low tonight Nana 67-46. Santa Rosa 87-44. Ukiah 87 43; coastal winds northwesterly 12 29 mph today decreasing tonight nna Becoming variable 8-15 mnh Eureka northward. One. person suffered ma lor In juries as. th'e result nf a nne. Occasional I car accident yesterday afternoon Suburban Fighters Control Fire A grass fire at the residence of Julia Hammond. 1607 Hope Street was stopped yesterday atternoon by members of the Sub urban Fire Department before I! did any damage to buildings or surrounding properly, fire depart ment officials reported today. The fire was -.-eported at 1 p.m. Hammond Organ Chord Organ ldrat ttorR irtd InR mike pianos In Ihis part of th went. Rrnl a Splnrt piano Rental our. ni plan. LOUIS H MANN PIANO CO. 120 Ne. 7tk about one and one half miles south of Modoc Point on Highway 97, state police reported today. Injured was Mat Eckerett of Santa Ana. California, a passenger In an auto driven by Otto Bern hard Hall of Orange, California. He was hospitalized at Klamath Valley Hospital with a fractured left arm. The driver also suffered minor Injuries. Police said witnesses reported that Hall was attempting to pass a truck when the truck pulled into the left hand lane, forcing Hall to swerve to the left. He lost control of the auto, which went Into the the ditch, police said. EARTHQUAKE TAIPEI, Formosa For mosa felt an earthquake at 7:13 p.m. Wednesday but there were no reports of damage or casual ties. The quake was classed Grade 2 In an ascending scale of six. Houses quivered, windows rattled end lights swayed. Vagrant Given Second Sentence Olin Bud Steele renewed his ac quaintance with the city Jail to day after having left a city work gang where he was serving out a 12'4-day sentence for being drunk after his arrest on Saturday, Klam ath Falls police reported today. Steele was picked up on a sepa rate charge yesterday and found to be the missing man. He was picked up yesterday when he took a coat from an auto owned by a mechanic at a Klam ath Palls garage. The garage man gave chase, recovered the coat, and reported the matter to police, who picked up Steele and charged him with drunk and vagrancy. Tne garage man refused to file a com plaint on the coat incident. Steele this morning began fin ishing his old sentence, and was sentenced this morning in muni cipal court to an additional $25 fine or 1214 davs for the drunk charge, and $100 fine and 30 days for the vasrancy charge. No formal charge of escaping prison was filed. Typing Classes Offered At KUHS A course In beginning typing will be offered at Klamath Union High School starting Thursday, October 27. Persons Interested in learning to type should meet in typing room one at 7 p.m. Thursday at the nigh school. Classes are two hours long, and meet twice a week for five weeks. Instructor is Robert Buelow. The course fee is $5. Civic Club Sets Benefit . FORT KLAMATH The regular meeting of the Civic Improvement Club was held Friday afternoon, October 21, In the C. I. clubhouse. Conducting the business session was the first vice president, Mrs. Dan Brown. Following routine committee re ports and special business on the agenda, final plans were made for the United Fund-Red Cross bene fit card party to be sponsored by the club in the clubhouse Satur day evening, October 29. Members in charge include Mrs. Joanna Taylor and Mrs. William A. Page cards and tickets; Mrs. William Brewer, games, and Mrs. Wilbur B. Hescock, refreshments. Bridge, pinochle and games will be in play, and refreshments served and prizes awarded holders of high score at the close of cards. Entire proceeds from the sale of tickets will be the club's contribution to this year's campaign of the Unit ed Fund-Red Cross. During the social hour following the business meeting, refreshments were served those present by host esses of the afternoon, Mrs. Ern est L. Reese and Mrs. Jack Thom- 7eed Society Amends Laws WEED Election of officers, presentation and adoption of a new budget and presentation and dis cussion of a revised constitution and by-laws made up the agenda of the afternoon meeting of the Women's Missionary Society of the Weed Presbyterian Church held last week at the church. Bird Hunters Fill Klamath FORT KLAMATH With the clos ing of the annual deer hunting season, local nlmrods laid aside their Titles and took up shotguns to be on hand for the duck and goose open season on Saturday, October 22. All motels In this area were booked up in advance with hunt ers coming from many outside points for a weekend of waterfowl shooting. In spite of the unusually fine fall weather, all hunters contact ed reported getting their limits of ducks and geese Saturday. Most of the northern birds have not ar rived here yet. according to local sportsmen, who expect the next storm to bring them In. Lucky deer nunters during tne season just closed included many youngsters as well as adults. On his second weekend hunting trip here Jack Martin of Shady Cove, former longtime Fort Klamath res ident, succeeded In bagging a four point buck in the Chemult vicinity. Marvin (Cap) Noah went to the Wallowa Mountains to get his buck. accompanied on the successful trip by his brother Ben Noah of Enter prise. John Acomb, accompanied oy Mr. and Mrs. BUI Bronson and son, Carson, all former local resi dents, took home to Canyonvllle a fine deer apiece and Acomb re turned alone for the first weekend of duck and goose shooting. MILITARY MISSION NEW DELHI, India Iff! An Afghan military mission is to visit Czechoslovakia to "study different varieties of new arms," the Af ghanistan Embassy here disclosed Wednesday. Mrs. Harry Hedgepeth was elect ed president and will be assisted by Mrs. John Kerkes, vice presi dent; Mrs. Henry Dorrell, secre tary; Mrs. Andrew Cog gins, treas urer. Mrs. John Booth, outgoing president, reported for the nomin ating committee and conducted the afternoon meeting. "the Living Word" was the title of the film shown and explained by the Rev. George Telle. The program was arranged by Mrs, Hedgepeth, chairman. Mrs. William Davis led the devotlonals. Her top ic was "The Fields Are White For Harvest But the Laborers Are Few." Hostesses, Mrs. William ' Riley, Mrs. William Olenn and Mrs. Law rence Hogue served luncheon re freshments to the 28 members present. . . It was announced that the lunch eon to be served at the Harvest Festival November 4, open to the public and sponsored by the so ciety groups, will be served from 11:30 a.m. until 1:30 p.m. No res ervations are necessary. Mrs. Glea Anderson and Mrs. Bethel Spence are chairmen of the luncheon affair. Green Stamp Store Announces Opening November 1 has been set as the date for the opening of the Sperry Hutchinson "Green Stamp'store in a new location at 127 South Sixth Street. The building which was formerly occupied by the Rob erts Hardware has been complete ly remodeled with new building front and interior changes. The move from the present loca tion at 1015 Main Street will give increased space for more merchan dise and greater convenience for customets. The store has been at its present location for four years. Mrs. Inez Miller, manager is as sisted by Helen Uran and Chris Murphy, stockroom foreman. Halloween Party SKATELAND Boiler Rink. Mtrlin an SbmU Wr. FRIDAY, Oel. St. Skatiar p.m. at regnlaF prlds. Prliei Ml trtati fer avtryiMe. UDYBUC BOWLING Hallowe'en Party OCT. 27 6:45 P.M. ,STUME PRIZES LUCKY LANES REFINERY TOKYO I Red China Wednes day announced completion of Its beet sugar. Constructed near Pao- tow in Inner Mongolia with East German help, the refinery can produce 22.000 tons of beet sugar annually, the Pciplng Radio said. Woir for fhe GRAND OPENING! NEW LOW COST SUPER MARKET . Town and Country Shopping Center Potato Shipments SEASONS H-jj rallrTriik Ore. 4 j l)aHyHll Ore. 3 Daliyt rurk CaHi7"""-l , Dally Ral'l Callf7't"i Dally Total QBE. CALIF. II i MoiUhlyjrolal M 33 Season's fetal j"J Now Many Wt.r FALSE TEETH With Mere Cemfert FASTnTTn. piMtust alkali 1 non-trio 1 powder, bolaa ftla. taetb bioi. atmly. T. mi and talk la aiar. "Llfort. lut ipruiu. a littl. PAS Tirrn on rur plawa. N rummy. oor, pa.tr una or iMllnf. CbtrU Wt2(r" Identure broth), dat rAATDTTH at any nif aauatar. SAVE ON Perfection A Terrific Buy 14995 AT ONLY New 21-Inch 4-Burner . Iltctrle Outlet Storoqe . Compartment Your Old Rtnee Trade-in. Welcomed p989 M0. 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For example, if you purchased lumber to build kitchen cabinets, point and the hardware, to finish the job and the entire amount' was close to $100 your monthly payment would be ust $10 with a very low rate of interest, no long forms to fill out and every detail of your contract would be handled by Basin Building Materials right here in Klamath Falls. GET YOUR PAMPHLET OF FULL DETAILS in our store ABSOLUTELY FREE! lasim ildgp Materials 4784 So. 6th Phone 2-2563
