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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Dec. 2, 1955)
PAGE FOUP HERALD AND NEWS. KLAMATH FALLS. OREGON FRIDAY. DECEMBER 2, 1958 MARKETS AND FINANCE STOCKS . WALL STBEET NEW YORK Ul Prices coi ttnued shade on the downside In the htoclc market late Friday. But some key issues were a bit above their low levels ol uie ses sion and there was a fair scatter ing ol gainers. Trading J mod' crate. . . Volume for the day was esti mated around 2,200.000 shares corn pared with 2,370,000 Thursday. NEW YORK STOCKS By Tim ASSOCIATED PRESS Admiral Corporation - 22 K Allied Chemical 112 Allla Chalmers 66 ? Aluminum Co. America it V. American Airllnei 25 American Motors 8 American Tel. it Tel. 1M American Tobacco 80 ii Anaconda Copper . 71 Atchison Railroad ' 157 i Boeing Airplane Co. 69 Borg Wainer 44 Burroughs Adding Mach. 29 California Packuig 44 4 Canadian Pacific 35 Caterpillar TYactor 69 Celaiwse" Corporation ' 20 V4 Chrysler Corfcoratlpn .94 Cities Service ' " 07 Consolidated Eldson 47 Crown Zellerbach 67 Curtlss Wright . 19 Douglas Aircraft 5 i du Pont de Nemours 225 Eastman Kodak 81 Emerson Radio ' 12 'A General Electric 64 General Foods 88 General Motors 48 Georgia Pac Plywood 41 Goodyear Tire t , 64 Homestake Mining Co. 87 International Harvester' 36 V2 International Paper 109 Johns Manville ' " ; 88 Kaiser Aluminum , 20 Vj Kennecott Copper ' 115 Vi Llbby. McNeill 15 Lockheed Aircraft ' 50 V, Lowe's Incorporated . 20 Long Bell A 34 Vi Montgomery Ward. 100 ' New York Central 44 Northern Pacific , 78 Pacific American Pi.ih ! 10 j Paclflo Gas & Electrio bO Pacific Tel. Si Tel. . 1S6 Penney (J.C.) Co. ' "104 V, Pennsylvania R.R. 26 14 Pepsi Cola Co. 22 Puget Sound P ti L 24 ', Radio Corporation - - 45 Rayouier Incorp. Pfd Republic Steel 60?, Reynolds Metals 51 Richfield Oil 76 Safeway Stores Inc. 63 i Bcott Paper Co. 67 ? Sears Roebuck ii Co. Ill Sinclair Oil 57 1 Southern Pacific 58"a Standard Oil .Calif . , . 88 Standard Oil N.J. .". . .. . 148 ; Sunshine Mining , 9 Swift ti Company ,. 60 Transamerica Corp. " 43 14 Twentieth Century Fox 26 k Union Oil Company 66 Vt Union Pacific 191 United Airlines 40 i United Aircraft 67 ", United Corporation 6 United States Plywood 40 ' United States Steel 58 ; Warner Pictures Western Union Tel 22 i Westlnghouse Air Brake 28 Westinghouse Electrio 67 3i . woolworth Company 48 li POTATOES ' CHICAGO POTATOES m CHICAGO m Potatoes: Ar rivals 32, on track 179 and total 1 U. S. shipments 607; dull. Carlot I rack sales: Idaho Russets (3.40 3 10; Minnesota-North Dakota Poll utes, $3.00 washed and waxed. LIVESTOCK PORTLAND LIVESTOCK PORTLAND W-(USDA) Cattle salable for week 3,889; market fairly active, steady strong on most classes despite fairly liberal supply; truck lot high choice 1.024 lb fed steers 22.50 Monday, load average choice 975 lb 23.00; few high good-low choice 20.00-21.00; bulk good steers 18.00-19.50; com mercial 15.60 17.00; few good feeders 15.00-60; good fed heifers 16.00-17,50, two lots with choice end 18.00-50; utility-commercial heifers 9.00-16.00; canner and cutter cows 7.00-8.00, few 8.50; shells down to 4.50: utility cows 9.00-11.00: com merclal 12.00-60, few young cows 13.00; utility commercial bulls 12.0O-13.0O, few 13.50-14.00, one at 14.25; eight cutter bulls 10.00-11.50. Calves aalable for week 650: market opened strong, instances 1.00 higher, closed mostly steady; Rood-choice vealers 18.00 - 21.00, early sales to 22.00; good-choice calves 15.00-16.50; cull-commcrclal calves and vealers 7.00 14.00 choice stock steer calves 17.50. Hogs salable for week 4,300 market closed mostly 50 lower but early sales No. 1-2 popular weights steady; late bulk No. 1-2 butchers 180-235 lbs 13.50-14.00, early sales to 14.50 freely. No. 3 lots late 12.75. 13.00. early to 13.50; sows 300-560 lb late 10.00-11.00, few to 11.50 aid early sales to 12.50. Sheep salable for wee!: J, 386; market opened strong, instances 2a-50 higher on slaughter lambs late trade around 50 lower but feeder lambs active and strong throughout; good-choice slaughter lambs late 16.60-16.50, few choice 17.00-35, early sales choice with some prime 18.00 with one load range lambs 18.26; good-choice feeders 14.00-15.50; deck choice wooled 125 lb fed yearlings early 14.25; few good ewes 6.00; cull' Utility 2.50-4.00. CHICAGO LIVESTOCK CHICAGO Of! Hog prices firmed as producers cut shipments to 10 000 salable head, 6,000 under the advance estimate. Steady to 25 cents higher prices were paid for butchers and steady to strong prices for sows. Top w&s $12.00. up 15 cents from tnc previ ous session. Most 190 to 220 pound butchers went at (10.75 to (11.50 with several lots at $11.76. Sows sold from (7.75 to (9.00. A small lot of choice steers sold at (22.00 with a few utility to good kinds at (11.50 to (17.50. Buyers got commercial and good heifers at (12.00 to (18.00. Good to prime lambs sold at $17.50 to (19.00. Salable receipts of cattle totaled only 1,000 head, and calves 200. Sheep also came to 1,000. GRAINS . PORTLAND GRAIN PORTLAND MB Coarse grains, 15-day shipment, bulk, coast deliv ery: Oats No. 2. 38 lb white 60.00. Barley No. 2. 45 lb B. W. 46.60. Corn No. 2, E. Y. ahipment 62.50. Wheat (bid) to arrive market, basla No, 1 bulk, delivered coast: Soft White 2.16: Soft White (ex cluding Rex) 2.15; White Club 2.15. Hard Red Winter: Ordinary 2.1614. Car receipts: Wheat 61; barley 6; flour 3; corn 37; oats 1; mill feed 0. By THE ASSOCIATED PRhSS The Friday potato market, as reported by the U.S. Department of Agriculture: Sixteen cliies: Arrivals 183, on track 723; shipments Friday 600, Northern Calif. 34, Central Calif. 1. Idaho 261, Oregon 36, Washing ton 7. IDAHO FALLS Market weaker; Russets, No. 1, 29-30 per cent 10 O'. and laiger, 3.10-20; 30 per cent 10 ox and larger, 2.30-35. 8AN FRANCISCO 8treet sales: Market slightly weaker; Klamath Russeta, No. 1-A, 3 In. 3.25-60; Deschutes 3.26-35; Idaho, No. 1, 7-14 OB, 4.50. LOS ANGELES Carlot sales: Market steady; Deschutes Russets, ISO. l-A. 2.83. Potato Shipments SEASONS St-SS 6646 Dally Truik Ore. Dally Rail Ore. t "l6 DallyTruck C:allL Daily RaYf Calif. Daily Total ORE. CALIF. II Monlhly Total Season's Total S2 139 1(03 I LUCAS FURNITURE DECEMBER STORE WIDE SALE NOW IN PROGRESS Ivtrythlaf, la Slack Iic.pr Fair Trade lltml Reduced! SAVE NOW AT LUCAS FURNITURE 19$ E. Moln , I I CHICAGO GRAIN CHICAGO UP Grains hnd a firm tone on the Board of Trade Friday even though scattered sell ing late In the session cut down on gains posted earlier. Firmness in cssh grain markets and prospcota of good export busi ness, particularly in wheat, sup ported the market. Soybeans were aiaea oy anoiner advance in casn bean meal while feed grains at tracted buying in view of snow forecasts. New crop wheat futures were relatively easier, reflecting the possibility of more moisture in the winter wheat belt over the next five days. Wheat closed 1 cent lower to 'i higher, December 2.03Vi; corn t to 2 cents higher, December 1.2tVt-',t oats unchanged to lower, December 62i-: rye 1 to F4 higher, December l.ll-l.UU: aoybenns V to 1 cent higher, Jan uary 2.38 and lard 8 to 13 cents a hundred pounds 'higher, Decem ber 10.65. WHEAT Open High Lew Close Dec 3.03 3 04 a, 3.03 ', 3.03 3, Mar 2 04 , 2 05 3, 2.04 , 2.06 May 2.02 t 2.03 2.01 2.02 Jly 1 93 '. 1.92 H 1.91 1.91 S Sep 1.94 , 1.95 1.93 U 1.93 , DON'T WAIT get It through Want Ads In the Herald rV News! For an ad-wrlier dial 8111. i ' IV' ' ft;- V 1 1-' i . AIM Tt T JT 'la vy Mrusncnev i ; I 1 ' ' v ALTAMONT PTA hai elected five new officers for the pres ent school year. Top, left to right, Mrs. George Meade, 3039 Cannon Street, - presi dent; Martha Cassidy, 183?. Arthur Street, first vice pres ident; Mrs. Wilbur Book, 1709 Burns Street, second vice president. Lower- left, Mrs. Don Hummel, ' 3857 Boardman Street, secretary and lower right, Mrs. Norman' Jones, 4606 Clinton Avenue, treasurer. Weather Table By THE ASSOCIATED PRESS 24 hours to4:30 a.m. Friday ' Max, Mln. Prep. Baker 37 20 .25 Boise 42 28 ' .14 Klamath Falls :.. 33 20 .10 Lakevlew 44 28 Medford 49 37 .13 Newport - 60 42 .46 North Bend -61 .48 Pendleton 47 ' 36 .17 Portland (Airport) 47 42 .25 Salem : 45 40 .28 Spokane 34 25 .03 ' By UNITED PRESS Temperatures and rainfall for 24 hours ending at 4:30 a.m. Hign low jtuin Albuquerque 62 42 .ui Atlanta . 4" Boston 37 28 . Brownsville 55 ' 52 Chicago 31 27- .13 Denver oJ netroit 32 28 .15 El Centre 67 Fairbanks -1 -7 T Fresno 55 38 .59 Helena 30 20 .16 Kansas City 36 34. r.06 Loa Angeles 66 52 ...29 Miami 72 70 Mlnneanolis 29 27 . .06 New York 39 32 , Oakland 64 46 .18 Oklahoma City 41 37 .02 Phoenix 64 59 T. Pittsburgh 30 28 .02 Red Blulf 59 42 - .06 Salt Lake City 43 28 .51 San Francisco ' 66 47 .81 Scnttle 41) 38 .77 Stockton 69 40 .4j Thermal 68 68 " Tucson ' f0 65 Washington 39 3.1 ,0S Garbage Rule Aid Offered City Councilman Lawrence Slat er, chairman of the council's police committee, announced today that Grant cosgrove nas been nirea temporarily to aid Police Judge Prank Blackmer in the explanation of the new city commercial gar bage ordinance. Cosgrove will contact commercial establishments and offer his assist ance to them in complying with the new ordinance which requires covered boxes for their garbage cans in the downtown area. He will make dally reports to the po lice judge. Slater said that no penalties for compliance with the ordinance would be levied for several weeks. or until all affected establishments fully understood the requirements of the law. WOOL MARKET NEW YORK (UP) Wool top futures on the New York Cotton ExchnnBO today opened 10 to 15 points lower. Opening prices follow: Dec. las.u bid; March 157.0 bid; July 15.80 bid: Oct. 158 0 bid; Dec. (1956) 158.0 bid: March (1957) 157.5 bid; May unquoted. Wool lutures opened 7 to points lower; Dec. 1U6.5 bid; March 120.0 bid; May 129.0 bid: July 128.8 bid; Oct. 128.5 bid; Dec. (1956) 127.5 bid; March (1957) 26.5 bid; May 125.0 bid. KII.I.KD 4 WOODLAND (UP) Robert D. I.lbbee. 35, Yolo, was killed today when his auto ran off Route 98 and struck a tree eight miles south of here, the Hiiihway Patrol reported. California Weather SAN FRANCISCO (UP) Call foinla weather summary: Rain fell oer most of California during the past 24 hours. Eureka measured .89 of an Inch, sacra- mcnto .31, Stockton .43 downtown San Francisco .81, Fresno .59 Los Angeles .29, and San Diego .03. Blue Canyon reported 11 inches of snow and one half Inch of snow fell on Mt. Hamilton near San Jose. High temperatures yesterday were generally In the 50s but Sac ramento had 63. and Thermal 68. Low readings this morning were In the. 30s or 40s. At higher eleva tions Mt. Shasta and Blue Canyon recorded 25. The storm on the Washington Coast Is weakening today and skies are clearing over most of California but a few scattered showers linger this morning most ly In the extreme north and ex treme south portions. A new storm about 11)00 miles west of the Oregon Coast is moving eastward. This disturbance Is ex pected to cause increasing cloudi ness over Northern, and Central California and rain from around Santa Rosa and Red Bluff north ward. Skies will be clear In South ern California Saturday. It will be colder with local frost in the val leys of Northern and Central California tonight. In Top Form RANGOON, Burma (UP) Soviet Communist party boss Nlkita S. Khrushchev said today some Amer icans and Frenchmen are stupid right along with assorted news papermen, British colonizers and Russian architects who waste pub lic money. The pudgy Communist chief was In top critical form today as he toured Burmese shrines, carried on a running verbal battle with newsmen and overshadowed Prem ier Nikolai Bulganin who was more silent than usual. About the only thing the visiting Red chief approved of was a Bur mese temple, the gold-plated She Dagon Pagoda, the greatest Bud dhist shrine in the world. He ad mired its architecture and then turned to his Burmese hosts and said: "In our country we criticize architects when"they waste pub lic money." He referred specifically to Alex ander Vlasov, former chief archi tect in Moscow, who was criticized last month for "wastefulness" by Khrushchev and Bulganin. Vlasov was touring America at the time. The subject of Vlasov apparent ly irritated Khrushchev the most, especially because the architect was mobbed In Paris by anti-Communist . Frenchmen who tried to get him to seek asylum In the West. Looking around him at the West ern correspondents, the Comirlunlst boss growled: "There are some very stupid people in America." "After we criticized Comrade Vlasov," he said, "They tried to persuade him to stay in America. The French repeated this stupid mistake of the Americans." Pathologist To Describe Girl's Death OAKLAND. Calif. (UP) Dr. George Loquvam, Alameda County pathologist, takes the stand today to tell how Stephanie Bryan met htr death. Loquvam, the 43rd prosecution witness in the kldnap-murder trial of Burton W. Abbott, 27, was pre pared to testify that Stephanie was killed by a series of heavy blows that crumpled part of her skull. He was also ready to tell that what appeared to be her panties were wrapped around her head before her assailant buried her In a ahallow grave near Abbott's Trinity County mountain cabin. District Attorney J. Frank Coak ley . planned as well to ask Lo quvam one of the most Important questions of his case when did Stephanie die? The prosecution hopes he will say on or about April 28. That was the day the 14-year-old schoolgirl disappeared while returning from Wlllard Junior High School to her Berkeley home. The prosecution contends that Stephanie was burled while the earth was still wet from heavy rains In the last week of April. The weather turned dry shortly April 29. Loquvam took the stand late yes-' terday and began his testimony by describing the recovery of Steph anie's body from the grave. After the earth was carefully removed from the top of the grave, he said, the body could be seen lying on its left side, fully extend ed. There were "long strips of colored cloth" alongside. (He described the clay in '.he pit as being "extremely hard and crumbly." 1 "It was extremely adherent acd enmeshed In parts of the fabric," he recalled. Loquvam also identified two lumps of earth taken from the grave. One was taken from the area near the snouiaer, snowing the imprint of the girl's sweater. The other was taken "from near the right thigh." Both pieces of earth went Into the evidence over objections from defense attorneys Stanley Whitney and Harold Hove. Earlier, Abbott viewed with out ward detachment a lurid photo graph of Stephanie's half-buried head. Assistant District Attorney Folger Emerson handed the photo graph to Abbott's attorneys after introducing it in evidence. whu thev were checking it. Ab bott's eyes rested on it for fc full 30 seconds. His demeanor was cas ual. Then he turned back to his scratch pad and Jotted down a note. Dulles Confident Chinese Will Not Block Mongolia . UNITED NATIONS, N.Y. (UP) Secretary of S.tate John Foster Dulles was reported confident to day that Nationalist China will not block admission of 13 free nalions to the United Nations by refusing Oregon Weather Western Oregon Scattered show ers with brief periods of partial clearing through Saturday; slightly cooler. Highs 42-52: low Friday night 32-38. Coastal winds westerly to northwesterly, 8-18 m.p.h., shift ing to southerly Saturday. Eastern Oregon Considerable cloudiness with a few snow flurries through Saturday except scattered rain showers and patchy fog in the valleys of extreme north. Highs 32-42; low Friday night 2O-30. Grants Pass and vicinity Show ery with some periods of partial clearing Friday night; increasing rain Saturday. Highs 46; low Fri day night 35. Klamath Falls and vicinity Occasional snow flurries with brief clearing periods Friday night; steadier snow Saturday. Highs 36; lew Friday night 20. n.t.- anA vir-initv Pnnsider- able valley fog and occasional light snow through Saturday; low rn day night 18-23; high Saturday 32-37. Five-Day Outlook Western Area Cloudy cool and wet with recurring rains totaling more than seasonal, 2-3 inches. normal. Highs In 40s. Lows mostly in 30s. Eastern Area Recurring pre- Mlnftottnn mnctlv In form of snOW totaling mofe than seasonal, Vi-l Inch. Temperatures averaging De low normal. Highs mostly in 30s, inua mnstiv 15-25: excent locally 5-10 about Tuesday morning. to admit Communist Outer Una. goua. A highly responsible U.S. Dlplo matlc source in Washington aald Dulles was convinced Oeneralli. simo Chiang Kai-shek ultimatehr will yield to two personal pleu sent bim by President Eisenhower. Nationalist China has threau ened to use Its all-powerful vela in the Security Council to bar Out. er Mongolia because of fears Its admission might ultimately Inn to a U.N. seal for Chiang's hated enemy, Red China. Outer Mongolia Is one of five Communist nalions under consid eration for admission in an 11. nation package plan. Russia has warned it will turn down the en tire package plan II Outer Mon golia is excluded. - Only last Tuesday Chinese For. eign Minister Dr. T. S. Tsiang an. nounced that Nationalist China would veto admission of Outer Mongolia. But the source close to Dulles said Tsiang obviously did not know at that time about the contents of Mr. Elsenhower's sec end message to Chiang Kai-shek which reoortedly said the General, issimo might hurt his own posi. tion. .0 The United States, which has been Nationalist China's main de fender against Red China's de mand for the Chinese U.N. seat, also opposes Outer Mongolia's ad mission but has announced It will abstain rather than use the veto which It despises. Thus, it was believed that Nationalist China re luctantly will follow the course taken by the United States rather than endanger its own pcsitlon. Nationalist Chinese Ambassador Tsingfu F. Tsiang was expected to spell out his country's objec tions to membership for Outer Mongolia in an address to the Gen eral Assembly today. VALLEY PUMP AND EQUIPMENT COMPANY COMPLETE PUMPING SERVICE ALL MAKES REPAIRED Call 9776 2175 So. 6th St. GUERRILLAS . rnrmn.o I IP Th Mil itary Information Service of the Defense Ministry said Friday many thousand cninese youins dis illusioned with Communism were Joining guerrilla forces on tne nea mainland. 's TRAIN SCHEDULES TOKYO (A Train schedules were canceled and thousands of letters piled up in Tokyo post of fices Friday as government work ers struck for larger year end bo nuses. In 24 hours 12 passenger train schedules In Tokyo were can celed and 72 trains delayed. 1 NEEDED - Job with long rang opportunity in Klomoth Batin. My txpor ionco include selling ideot, torvicas, and real aitatt Our family hat put down, roofs hera wo would Itkt to stay hara Promotion and personnel supervision. GRANT COSGROVE 2137 Warring Ph. 2-0936 J" Relieve MUSCLE PAIN FAST (st Joseph Get the Best tor Less kLp,R"! So full of enerqy... 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