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
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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. He hu
a master's degree In education
from the University of Minnesota,
and attended the Willamette Uni
versity law school for two years,
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