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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Dec. 1, 1955)
PAGE FOUP HERALD AND NEWS. KLAMATH FALLS. OREGON THURSDAY, DECEMBER 1. 19SX MARKETS AND FINANCE STOCKS ' WALL STREET NEW YORK Ml The slock market remained lower late Thurs day afternoon In moderate trading. Losses running irom fractions to around a point peppered almost all major divisions of tne market, The day started actively at high' er prices, then turned mixed and lower as trading slackened. Volume was estimated at around 3.400.000 shares compared with 2,- 800,000 Wednesday. NEW YORK STOCKS By THE ASSOCIATED PFF.frS Admiral Corporation Allied Chemical AUIs Chalmers Aluminum Co. America American Airlines American Motorj American Tel. ti Tel. American Tobacco Anaconda Copper Atchison Railroad Bethlehem Steel Boeing Airplane Co. Borg Warner Burroughs Adding Mach. California Packing Canadian Pacific Caterpillar Tractor Celancse Corporation Chrysler Corporation Cities Service Consolidated Edison Crown Zellerbach CurUss Wright Douglas Aircraft du Pont de Nemours ,- Eastman Kodak Emerson Radio General Electric General Foods General Motors Oeorgla Pae Plywood Ooodyear Tire Homestake Mmlr.g Co. International Harvester International Paper Johns Manville Kaiser Aluminum , Kennecott Copper Libby, McNeill Lockheed Aircraft Lowe's Incorporated Long Bell A Montgomery Ward New York Central Northern Pacific Pacific American Fish Pacific Gas it Electrlo Penney (J.C.) Co. Pennsylvania R. R. Pepsi Cola Co. Phllco Radio Puget Bound P & L Radio Corporation Rayonler Incorp. Rayonler Incorp. Pfd Republic Steel Reynolds Metals Richfield Oil Safeway Stores Inc. Scott Paper Co. Sears Roebuck ii Co. It Sinclair Oil Bocony-Vacuum Oil Southern Pacific Southern Paclfio Standard Oil Calif Standard Oil N.J. rttudebaker Packard Sunshine Mining Swift (i Company Transamerica Corp. Twemieth Century Fox Union Oil Company Union Pacific United Airlines United Aircraft United Corporation United States Plywood United States Steel Westlnghouse Electric Woolworlh Company 12 112 1 1 11 ; 24 ; Mi 1 Mi 70 lit 159 n M V, 44 V 44 S3 67 zo 64 6 47 66 20 83 ' 224 V 81 13 64 V, 68 ft 48 42 14 4 38 38 10B V2 87 .i 37 114 16 Vt 60 20 ii 34 100 43 . 78 10 V-l SO 104 26 i 22 2 32 24 45 34 60 60 K 75 53 7 id y, 57 68 Vi ,68 56 88 V, 148 10 80 43 2 3, 68 180 V, 3 y, 67 6 V. 38 88 68 48 14 Auto Dealers Charge GM WASHINGTON (UP)- Disfran chised auto dealers charge that the General Motors Corp. dropped them because they didn't sell enough new cars. The pattern of their testimony before the Senate Monopoly Sub committee was that various Gen eral Motors divisions arbitrarily refused to renew their one-year franchises Nov. l after warning in September, 1854, that new car sales mu.il be stepped up. The subcommittee Is making a so-called "case study" of Ocneral Motors to gauge Its Impact upon the -nation's economy. Some of the dealers went to De troit and personally, but unsuccess fully, appealed their disfranchise ment to GM President Harlow Curtice. At least one of the dealer wit nesses. 8. W. Prater of Portland. Ore., testified yesterday that Pon tlac picked up his franchise al though he nearly tripled sales aft er the warning 14 months ayo. Miller Kamlnsicy of Savannah. G., said his franchise was luted after Pontiac officials raised his monthly quota 12 cars higher than what he had been selling. He said the factory forced him lo buy unneeded accessories, ex pensive advertising material and half a carload of undercoattng which he did not have the facilities to apply. , LIVESTOCK CHICAGO LIVESTOCK CHICAGO il Butcher hogs and sows tumbled 50 to mostly 76 cents to new low prices for 14 years Thursday. Some sows were off as much as $1.00. Salable receipts totaled 25.000 head, 7.000 more than expected. That brought receipts for the week to 90.0C0, largest for a four-day period since February. 1844. Most 180 to 220 pound butchers sold at $10.50 to $11.25 with several hundred head at $11.50 to $11.76 and a 40 head lot at $11.85. This was the lowest top since Dec. 31, 1841, when hogs topped at $11.30. Sows sold from $7.50 to $9.60. Top on steers was $24.50. Good and choice went at $18.00 to $23.00. High good and choice heifers S'.id tor $18.00 to $20.00. Lambs held steady at $17.60 to $19.26 for good to prime. Receipt of cattle came to 3.000 head, and of calves to 500. Sheep receipts totaled 1,600 head. SOUTH SAN FRANCISCO (U8DA1 Cattle salable 60; market moderately active, cleanup trade, about steady; few utility cows 10.00-11.00, canners and cutteis 7.50-8.60; for week most slaughter classea steady-60 higher except bulls steady weak, replacement classes scarce, about steady. Calves salable 10; market about steady, few good and choice slaughter calves 17.00-18.50. utility snd commercial calves 13.00-16.50; for week slaughter calves about steady, replacement classes scarce. Hogs salable 100: market mod erately active, butchers 50 lower than Wednesday, sows around 60 lower than earlier in weeg, feeder Digs around 1.00 lower lor weex, one sizeable lot U. 8. No. 1-3 88 lb butchers 12.36, few sows under 400 lb 9.00-10.60, one lot good and choice 44 lb feeder pigs 14.00, one lot 74 lb averaged 13.00; for week butchers 76 lower, sows around 50 lower feeder pigs around 1.00 lower. Sheen salable 26: scant rrtsli supply insufficient to test market; around one deck holdover lambs unsold: earlier . In week most choice slaughter lambs 18.00-19.50; for week most classes snout steady. PORTLAND LIVESTOCK PORTLAND lift (USDAl Cattle salable 260; quality mostly poor, few sales about steady; truck lot commercial grade 930 lb steers 17.00. no good or choice steers available; canner and cutter cows 7.00-8 00, few to 1.26 and 8.50. few utility 9.00-10.00; bulls scarce. Calves salable 60; market weak; good and choice vealers 18.00 20.50, few oull and commercial calves and vealers 7.00-14.00. Hogs salable 300; market slow, mostly 50 lower; U. S. No. 1-2 butchers arouno iso-xas id is.ou- 14.00, No. 3 lots down ,to 12.75; sows scarce. Sheep salable 200; market slow on slaughter lambs, demand nar row following Wednesday weak-50 lower close: few choice and prime lambs steady at 17.35, good and choice lambs quotable 15.50-17.00, feeder lambs active, fully steady, good and choice grades 14.00-15.30- slaua-hter ewes sslable steady, good and choice quotable Helena Smith Child Case Delayed 8AN JOSE (UP) A court battle for custody of three-year-old Susan Smith, daughter of a Port land woman acquitted in tne car bombing death of the child's fa ther, has been postponed until Dec. 27. The custody hearing was sched uled to have started yesterday but attorneys for Mrs. Ellen High tower, Los Oatos, and Mrs. Mar Jorle Smith, Portland, agreed to postpone the case. Mrs. Hlghtower is the sister of the bombing victim, Herbert Smith. She has had custody of the child since shortly after Mrs. Smith was charged with complicity in the death of her husband. Mrs. Hlghtower sought perma nent custody of her niece In a pe tition filed in Santa Clara County Superior Court before Judge Leo nard Avllla. No reason was given for the continuance, Mrs. Smith was not present In court although she had said she would appear. Oregon Weather, Western Oregon Partly cloudy with scattered showers through Thursday. A little cooler Thursday night. High Friday 42-50: low Thursday night 34-42. Coastal wind westerly to southwesterly 12-25 miles an hour, becoming westerly to northwesterly Friday. Eastern Oregon Partly cloudy with scattered showers mostly of snow Thursday night and over mountains Friday. A little cooler Thursday night. High Friday 32 42; low Thursday night 25-35. Grants Pass and Vicinity Partial clearing through Friday with morning fog. Low Thursday night 36; high Friday SO. Baker and Vicinity Occasional snow and partial clearing through Friday. Low Thursday night 23-28; high Friday 35-40. Weather Table i By THE ASSOCIATED PRESS 24 hours to 4:30 a. m. Thursday Max. Min. Prep. Baker 38 31 . .11 Boise 40 36 .23 Eugene 53 42 .83 Klamath Falls 25 39 .22 Lakevlew 43 33 .05 Medford" 50 41 .65 Newport ,51 45 .49 North Bend 63 47 1.13 Pendleton 44 36 .09 Portland Airport 84 . 43 .45 Roseburg - 63 44 .63 Salem 48 38 .56 Spokane 33 29 .34 By UNITED PRESS . Temperatures and rainfall for '21 hours ending at 4:30 a.m. Albuquerque Atlanta Bakersfleld Boston Brownsville Chicago Denver Detroit - El Centro Fairbanks Fresno 6.00 or above. GRAINS PORTLAND GRAIN PORTLAND Utl Coarse grains. 16-day shipment, bulk, coast deliv ery: Oats No. 3, 38 lb wnlte 50.00. Barley No. 2, 45 lb B. W. 46.50. Corn No. 3, E. Y. shipment 61.50. Wheat (bid) to arrive market, basis No. l bulk, delivered coast: Soft Whits 3.15; Soft White (ex cluding Rex) 2.15; White Club 2.15. Hard Red Winter: Ordinary 2.16','a. Car receipts: Wheat 62: barley 12; flour 8; corn 22; mlllleed 6. WOOL MARKET NEW YORK iUPi Wool tap futures on the New York Cotton Exchange today opened unchanged to 20 point lower. Opening prices follow; Deo. 1!6 6 bid; March 168.5 bid; Mav 158.5 bid; July 158 0 bid: Oct. 167.5 bid Dec. 11956) 159.0 bid: March U957 167 5 bid. Wool futures opened J to 35 points lower; Dec. 127.0 traded; March 128 0 bid: May IJ0 bid; July I'J.4 traded: Oct. 138.0 bid: neo. (19561 127.0 bid; March (1937 125 5 bid. CHICAGO GRAIN CHICAGO iti Corn had a firm tone on the Board of Trade Thurs day while otlier cereals backed and filled In an erratic manner. New crop wheat futures eased. At one time the entire market was ahead. But wheat, oats and soybeans fell back toward the fin ish. Gains in corn were reduced. Selling pressure In new crop wheat was attributed to snow or rain In parts of the winter wheat pen. Wheat closed lower lo , high er. December 3.0l-4; com li-l'i higher, December 1.24-tj: oats unchanged to higher, December G3ii-; rye -l higher, Decem ber 1.09'i: soybeans -1'i lower, January 2.334-2.35 and lard 12 to 18 cents a hundred pounds lower, December 10.51-10.82. WHEAT Open High Low Close 2 03 2.01 2.02 2.03 2.04 i 2.08 2.04 2.04 3.03 ' 2.02 3.03 - 3.02 i 1.93 1.93 li 1.93 ' 1.93 . 1.94 j 1.95 1.91 1.94 , Deo Mar May Jly Sep POTATOES . CIHCAOrj POTATOES CHICAGO 11 Potatoes: Arrl vals 46. on track 213 and total U.S. shipments 553: steady. Car lot Irark sales: Idaho Russets 83 50. 3.85, In meshed 10 lb sacks baled cwt. basis $4.50; Idaho UHIIIIes $3,40; Minnesota-North Dakota Pontiles 13.89-3. M. Kansas City Los Angeles Miami Minneapolis New Orleans . New York Oakland Oklahoma City Phoenix Pittsburgh Red Blutf Salt Lake Cily San Francisco Seattle Stockton Thermal Tucson Washington Yuma High Low Rain 43 35 T. 44 27 65 45 43 25 53 47 M 17 34 17 33 26 T. 74 55i -10 -25 T. 53 45 .04 27 15 32 27 .09 59 54 58 83 22 14 50 42 42 29 ' S3 48 38 29 .05 71 48 36 19 T. 55 48 .04 49 35 .21 39 51 .28 47 411 .31 57 48 .01 ''74 54 63 46 39 25 . 74 55 Potato Shipments SEASONS 14-U 16-36 laUyTrurk Ore. Dally Rail Ore. a "ii" Dally Truck Callf DnllyRll Calif, Dally Total ORE. A CALIF. 3 63 Monthly Total Season', Total 05 1JU 1114 1566 By THE ASSOCIATED PRESS The Thursday potato market from the U.S. Department of Agri culture: Sixteen cities arrivals 179. on trackIM: shipments 513; Northern Calif. 37. Central Calif. 6. Idaho 282. Oregon 39. Washington 19. IDAHO FALLS - Market weak er, Russets No. 1, 10-20 per cent 10 oi and larger 2.00.3.15; 30-30 percent 10 o and larger 3.18-3 23: 30 percent 10 oi and larger 2 35 2 35. SAN FRANCISCO Unchanied LOS ANOEL.ES Carlot sales, market dull; Idaho Russets Ne.l-A 2.85-1.78. California Weather By UNITED PRESS San Francisco Bay Region: Rain today and this evening, clearing Friday; little change In tempera ture: high today San Francisco. Oakland. San Mateo and San Ra fael 52-56; low tonight 42-46; south westerly winds 10-30 mph today becoming west or northwest 10-30 mph tonight and Friday. Northern California: Rain val leys and coast with snow in moun tain areas above 2000 feet north ern portion and 3000 feet central poron today and early tonight: clearing Friday; cooler tonight: coastal winds westerly and south westeily 13-25 mph becoming northwesterly 12-20 mph Fridav. Sierra Nevada: Snow with mod erate to heavy amounts todav and tonight except rain below 3000 feet; few snow Hurries Fridav; cooler Friday; locally windy todny ano tonight. Sacramento Valley: Rain todav and this evening, clearing Fridav: slightly cooler; southerly winds 8- 15 mph today: high todav 48.5.1: low tonight 37-44. Northwestern California: Rain today and early tonight except snow above 2000 feet northern por tion, clearing Friday; sllghtlv cold- high today and low tonluhl Napa 53-43, Uklah 50-43. Santa Rosa 53-44, small craft warnlnas Cape Mcndocuio northward until midnight Thursday; west and southwest wind 13-23 mph todav becoming northwest tonight and Friday. MARATHON ELECTIONS JAKARTA. Indonesia, up. In donesia's marathon elections which started Sept. 29 ended Thursday with an estimated 35 million vote cast by more than 80 per cent of the 43 million registered voters Final results will not be known before next March or April. ELECTION WEED Election of officers lor the National Association for the Advancement of Colored Peo ple. Weed organlration. will be held Saturday night. December 3. Jesse Green, president, announced the meeting lo begin at 7 p.m. In the Mt. Shasta Baptist Church of Weed, and urges all members to attend. AlFANAl OR THI CAIN OF ARTHRITIS, RHEUMATISM, AND - NIURITIS. At Yir ravaflla Druf Start Shopping Center Offers Bus Rides The management of the Town and Country Shopping Center on 8outh Sixth Street Is offering free bus rides on the Klamath Bus Company's buses to and from their shopping center for the benefit of Christmas shoppers. Any shopper may board the buses anywhere in the city and ride to the center, do their shop ping there, and return to the city free of charge. ShODDlna- center manager Bob Waggoner said that the oiler will be good until further notice and is for the benefit of the residents of Klamath Falls who have not had an oDDortunlty to tour the shopping center. Planes Search For Lost Craft OGDEN. Utah (UP) Search planes struggled against rain. snow, ana poor visiuimy loaay in their attempt lo locate an Air Force C45 that disappeared mys teriously last night with two per sons aboard. The craft, a military version ol Ihe twin Bcechcraft. was coming in for a landing at Hill Air Force Base last night when it vanished in a rainstorm and low-hanging clouds. The two persons aboard had not been Identified pending notification of their nearest of kin. , The plant left Cheyenne, Wyo., yesteroay alternoon. Cold Weather Appears Broken By THE ASSOCIATED PRESS The cold weather over most of the eastern two thirds of the coun try' appeared breaking a little in the eastern part of the country. Early morning temperatures were higher from Texas north ward into the Dakotas. But they still were below freezing as far south as Oklahoma and northwest ern Texas and between 10 and 18 degrees In the Dakotas. The warming trend was expected to spread over much of the north. Rain fell in Texas while freezing rain, snow and sleet spread north eastward Into Oklahoma, south eastern Kansas and southwestern Arkansas. ROYAL COLD LONDON lid Princess Mar garet was confined to her home with a severe cold Thursday. Reeves Rites To Be Held Funeral services will be held from the Bible Baptist Church, Fri day, - December 2 at 2 p.m. for Edward Ray Reeves, 24. who died November 30, several hours fol lowing Injuries received in an auto mobile wreck on South Sixth Street. Thu Rev. Freeman Schmitt will officiate. Final rites and Interment will be in Klamath Memorial Park. Survlvi.rs Include his parents. Mr. and Mrs. Edward Reeves; a sister. Mrs. Mavis Dick and broth ers. Melvin, Stephen and Michael, all of this city; grandparents, Mr. and Mrs. E. H. Wright of Showlow, Arizona and H. M. Reeves of Cot tonwood, Arizona. He was a member of Klamath Post. No. 8 American Legion. Ward'b Klamath Funeral home is In charge of arrangements. Navy Accepts Heating Bids Sealed bids are now being ac cepted by the U.S. Navy for the construction of a central heating plant at the Klamath Falls jet Interceptor base. Bids may be submitted to Cap tain J. R. Davis, CEC, USN. 13th Naval District Public Works Of ficer, building 232, U.S. Naval Sta tion, Seattle. Washington. The bids will be opened December 6 at 2 p.m. Specification number 49158 and other bidding data and informa tion may be obtained on applica tion to the District Public Works Office with deposit of a check for 530. Wrap gifrt well. DON'T uie flimsy, light cardboard ar taper bom. DO us. strong, rigid containers in good condition. Altar Society Plans Annual Xmas Party WEED St. Catherine's Altar Society of the Holy Family Church of Weed extends special Invita tion to all members and husbands to attend the annual Christmas party Thursday night, December 8, at St. Michael's Hall in Weed. Those attending will be served a buffet supper Immediately fol lowing the 7:30 p.m. mass, in cel ebration of the Feast of the Im maculate Conception. at HOT MOTOR A hot motor in a freezer 14J5 Pacilic Terrace resulted in the Klamath Falls Fire Depart ment being called to the scene a. 5:33 p.m. Tuesday. There was no damage, firemen said. Services Pending For Albert Kelley Albert Lewis Kelley. 74. native of Sheridan. Arkansas and resident of Klamath Falls for 13 years, oiea November 30. He was a member of Gavel Lodge No. 532, F. and A.M. Gavel Arkansas. Survivors Include sons, Thurston of this city and Richard of Shasta City. California; daughters, Myrticc Blevms and Odia Glvens of wis ritv: brothers. Jack Henry, Jim Kelley and a sister, Dovie Smith, all of Arkansas: also 17 grand children and two great-grandchildren. Ward's Klamath Funeral Home is in charge of arrangements. Illness Forces Hutton Off Show HOLLYWOOD (UP) Betty Hut ton was listed today as the third performer in less'thsn a week to be forced off a national . television show by illness. The singer-actress Informed NBC yesterday she would not be able to appear on next Saturday night's Jimmy Durante program because of on attack of influenza. Earlier this week Milton Berle was forced to withdraw from his own show because of "extreme exhaustion." Last Friday Eddis Cantor, scheduled as guest or. arla-e chnur cnffot-urt n VirinPV ailment and also had to cancel his appearance. LITY CELEBRATES HOLLYWOOD (UP) Lucille Ball and Desl Arnaz celebrated their 15th wedding . anniversary yesterday on the set of their "I Love Lucy" television program." Judge Slates Murder Trial ... kArnttiiii Knrwest. 26 lTiai oi "- - - .. year-old logger, accused of the second degree murder of Jackie Jones, 18-year-old ex-convict and former divinity student, is sched uled to open at 10 a.m. Monday in Circuit Judge David R. Van denberg's court. The shooting occurred last Au gust when Norwest and Jones got into an argument over a case ol Camp Elects New Board LAKEVIEW ' Election of new board members and the appoint ment of an advisory committee were the main order of business at the annual fall meeting on Novem ber 29 for the Cottonwood Camp, Inc. Elected to the board were Mrs. Robert DeWitz. George Giese and B. A. Nunley who will serve with the two carry-over members, Ray Kerr and Mrs. Erma Clause, secretary-treasurer. Annnintp4 nn th sdvisorv com mittee were: Mr. and Mrs. Herbert Stover. Mrs. Ralph Stlckney, Mr. and Mrs. Lee Hansen, wauatc nhonmon p r .Salmon. Charles Waldron, Mrs. B. A. Nunley, Burt Snyder, the Rev. Claude A. Brown and the Rev. David St. ueorge. nnttnntunnrt Ca mn which was In corporated in 1950, provides camp ing lacllllies lor organizeu aim KtinorviKeH vonth rrouos. Last sum mer, church youth groups, Girl Scouts and 4-H summer camps camps were held at Cottonwood Camp which is 15 miles northwest of Lakevlew. Agents Leave For Meeting FORT ROCK R. A. Long of Fort Rock. Elgin Cornett, Lake County agriculture aqent and Bill Currier of Bend left Sunday for Yakima, Washington, to attend the annual meeting of the Northwest section of the American Society of Range Management held early this week. i According to Cornett. the group will suggest that consideration be given to scheduling the society s annual summer tour for Lake County in 1956. The Northwest sec tion meets regularly each: winter and sponsors a summer season field trip. In 1953, Bend was head quarters- for the tour which in cluded parts of Deschutes, Jeffer son and Crook counties. beer in Chlloquin. The bullet frnr. OL JV-V I MIC Ul "WISO ,11 Ml-1 Cht, Dr. George H. Adler, Klanuii iuumy wiuwi, an.,u uunes died Instantly. Defense Attorney Joseph 8tearai of Portland, said Thursday morn, ing after talking to Norwest it the county jail that the ahooUiw urge arvirinnrfll "My client admits firing ft, gun," Stearns said. "But he stld he only intended to frighten Jon.. Norwest and Jones had been niinaing iieuvuy wtui jjeroy (BUZZ) woriey, wno is a witness. ' Attorney Stearns added that Nn, . west believed Woriey and Jones were going to give him a beatin, because he wouldn't sell them i case of beer. The shooting occurred at 3 a.m. on August m. Man Named Meet Delegate John H. Houston, local represeo, tattvr, nf thr Emiltahln T.if &. surance Society.- has been named western department of the society who will attend a coniereuce of company executives ana agents it San Francisco. December 5 to n. cember 7. Houston qualilied for the trip by his outstanding sales performance ;n a production campaign which opened Augut 1 and continued for uiree momua. , The delegates will attend dediu. nffirp hllllritnrr in Run Prnni-i.A The 25-story structure Is the tallest sityscraper on me wesr, rjoast. A iuim,iunt nlnnup Iwarlna ti. nnmpn nf the nunlifvlna riliat. will bs unveiled during the cere monies. Mrs. Houston will accompany her nusuana. 1 Indian Board Appoints Weist ''The board of management spe cialists appointed to supervise the termination of the Klamath Indian Reservation yesterday appointed William A. Weist as their execu tive secretary. For the past six npnths, Weist has been supervising the educi- tional program'being carried out oh the reservation by the Stale Department of Education. 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