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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Dec. 20, 1955)
TUESDAY, DECEMBER 20. 1955 ?AGE FOUR HERALD AND NEWS. KLAMATH FALLS. OREGON MARKETS AND FINANCE F 0) )D STOCKS WALL STREET NEW YORK I The slocu market was Irregularly loweriiisy In a slow and uneven mar Tuesday lth aircraft strong and I Icet. Sows were steady to mostly oils higher In the late afternoon. I 25 cents' lower and closed fully 25 With a few exceptions, the range ran from 3 points higher to around a point lower, Trading was model ate at an esti mated S.200,000 shares for the day as compared with 2.180,000 shares traded Monday when the market was mixed. The market as a whole was a trading affair with selectivity the rule. NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation Allied Chemical Allis Chalmers Aluminum Co. America American Airlines American Motors American Tel. Tel. American Tobacco Anaconda Copper v Atchison Railroad Bethlehem Steel Boelnp Airplane Co, Borg Warner Burroughs Adding Mach. Ostiadlan Pacific Caterpillar Tractor Celaneae Corporation Chrysler Corporation Cities Service Consolidated Edison Crown Zellerbaeli Curtls Wright . Douglas Aircraft du Pont de Nemoura Eastman Kodak flmerson Radio Oeneral Electric General Foods General Motors Oeorgia Pac Plywood Goodyear Ttr Homeslake Mining Co. International Harvester International Paper Johns Manvllle Kaiser Aluminum Kennecott Copper Llbby, McNeill Lockheed Aircraft Lowe'a Incorporated Long Bell A Montgomery Ward New York Central Northern Pacific Pacific American Pish Pacifio Oas ti Electric Pacific Tel. It Tel. Penney (J.C.) Co. Pennsylvania R.R. Pepsi Cola Co. Phllco Radio Radio Corporation Republic Steel Reynolds Metals Richfield Oil Bafeway Stores Inc. Scott Paper Co. Sears Roebuck It Co. Sinclair Oil Socony Southern Pacific Standard Oil Calif Standard Oil N.J. Studebaker Packard Sunshine Mining Swift si Company I Transamerlca Corp. Twentieth Century pox JJnlon Oil Company Union Pacific United Airlines United Corporation United States Plywood United Slates Steel Warner Pictures Western Union Tel Wesllnghouse Air Brake WestliiRhouFO Electrlo Woolworth Company 21 113 ., 65 ;. 82 24 9 178 y, 80 3, 10 'i 162 "18 33 . 59 l, 30 87 ', 58 47 54 28 , 93 V, m , 81 12 H 55 ,, J, i 63 J4, 36 ; 111 68 '. 79 3; 116 'I ' 16 54 li 19 I. it '.' 94 ' 43 3, 7b ? 49 133 'i 97 Vj 26 21 V, 34 Vt 45 48 63 78 'i 62 67 V, 35 y, 5 s 03 '.i 56 1 90 Vt 161 . 10 Vj ; 47 v. 1 Ti 24 i j 61 Vi 171 40 U 6 1, 39 34 57 ". 19 21 Hi 29 , 60 47 !. GRAINS PORTLAND GRAIN PORTLAND Ifl Coarse grains, 15-day shipment, bulk, coast deliv ery. Oats No. 2. 38 lb white 61.00. Barley No. 2. 45 lb B. W. 46,00-50. Corn No. 3, E. Y. shipment 62.25. Wheat bid to arrive market, basis No. 1 bulk, delivered coast: Soft While 2.20; Soft white (ex cluding Rex) 2.20; White Club 3.20. Hard Red Winter: Ordinary 3.20. Car receipts; Wheat 5; flour 2 barley 1; corn 6; mill feed 1. Potato Shipments SEASONS 54-45 !5-i Dally Truck Ore. 14 "1J Dally Kail Ore. Dally Truck Calif. Dally Ralf Calif. Dally Total ORE. A CALIF. Monthly Total Season's' TolaP 645 "2607" 697 2205 Pre- Inventory Our LIVESTOCK f IIICAf.n LIVESTOCK CHICAGO Wl Hogs were gen- erally 25 to 50 cents lower Tues- ; cents down, A few hundred head of mostly No. 1 and 2 ISO to 210 pound se lected butchers sold at 112.00 to 812.25 per hundred pound, the top. Most sows weighing 350 to 600 pounds brought 48.25 to 19.25. Sal able hog receipts totaled 17,00(1 head. The cattle market was extreme ly slow. The few sales of steers and yearlings were weak to 50 cents lower. Choice and prime steers and 1,000 tO' 1.031 pound steer yearl ings bringing 824.00. Heifers top ped a. $21.85 and cows at 81I.O0. Sneep trade was fairly active and lambs sold 25 to 50 rents higher. Sheep held fully steady Oood to prime wooled lambs weighing 100 pounds and down Isold at 817.00 to 816.50. Cull to choice slaughter ewes brought $4.25 to $6.50. bneep receipts were 2,500 head. SAN FRANCISCO I (CSDA) ,. (Cattle salable 100: opening modcr 29Td'ately active, about steady; one luaa cuinine.ciBl lao 10 siaugmer heifers 15.50; several utility-low commercial cows 9.50-11.00: can-ners-cutlers 7.00-9 00; shelly cattle down to around 6.00; odd head util ity bull 14 50 Calves salable none: market un tested; Monday commercial-good slaughter calves 16.50-18.00; few choice vealers 21.00-23.00. Hogs salable 300: opening moder ately active; butchers 25 cents lower than Monday: sows about H butchers 12.50; few sows under 400 lbs 10.00. PORTLAND W (USDA) Cattle salable 450; market active, fully steady with Monday's full 50-cent advance; couple loads high good with some choice around 977-1,014 lb fed steers 19.25-50; few low good grades out at 17.60; cuttcr utlllty steers 9.00-11.00: few commercial-good heifers 15.00 - 16.00: cutter utility heifers 8.00-11.50; canner-cuttcr cows 7.OO-9.00; shells down to 6.00; few utility cows 10.00 11.50; cutter bulls 10.00-11.50; one heavy utility bull 14.00. , Calves salable 60: good-choice vealers steady at 18.00-22.00; good neavy calves salable around 15.50 16.00 or above; culls downward to 7.00. , Hogs salable 260; market active, fully steady; mixed lots No. 1 and i butchers 180-235 lbs 13.50-76; No. 3 lots 12.50-75; sows 300-550 lbs salable 9.50-11.60. Sheep salable 200; market mod erately active, mostly steady; one lot choice with some prime slaugh ter lambs 18.50 with other high choice lots 18.00; good choice slaughter lambs 10.50-17.50; good choice feeder lambs salable 14.50 15.50: good-choice ewes 4.50-5.50; cull-utility 2.00-4.00. GRAINS CHICAGO GRAIN CHICAGO if Wheat futures were weak most of the time on the Board of Trade Tuesday on selling Influenced by the govern ment's final crop report of the year. The wheat crop was estimated about 23 million bushels higher than the government had predicted a month ago. Erratic price changes were the rule In the December contracts since this Is the final day for trad ing in these deliveries. Wheat closed 1 to 8 Vt cents low ', with the big loss In the Decem ber contract due to liquidation at the close. December wheat closed j at 3.0HV2.03: corn closed 'i to I Is lower. December 1.24-1.23'i. I oats unchanged to 1, higher, De-, cember 63-66; rye t, higher to 1 : lower, December LUi-ti: soy beans unchanged to 3, down, Jan uary 3.36-r4, and lard off 5 to 33 cents a hundred pounds, Decem ber 10.83-10.72. WHF.AT Open High Low Close 1 2.11 ! 2.11 3.03 2.07 'i 2.09 3.09 2.07 , 2.07 2.04 'i 2.04 4 2.03 , 2.03 S 1.94 1.94 ' 1.93 1.94 I 1.96, 1.96 195 3, Lis I Dec Mar May Jly Sep The Chapel by the Garden O'Hair's Memorial Chapel Service far All Incomes Terms 18 Months to Pay 6fh and Pine Sti. Phone 3454 Keith O'Hair, owner ALL LADIES' -CHILDREN'S SUEDES entire stock of suede shoes ALL STYLES ALL HEEL HEIGHTS included in this sweepinq HOLIDAY SPECIAL. TRIM TREDS Reg. 7.95 to 10.95 PCV-L PARROTS SCAMPEROOS Reg. 4.95-6.95 No Refunds or Exchanqes, Please Sale Prices Effec tive Friday VAN ORMAN'S Your Family Shoe Store 527 Main W California Weather ' By L'NITKD PRESS i San Francisco Bay Region: Cloudy with occasional rain today. 1 tonight and Wednesday: little I westerly winds 15-30 mph; high today Sun Francisco. Oakland. San Mateo and San Rafael 66-62; low tonight 45-52. Northern California: Mostly cloudy with occasional rain Mon terey and Stockton northward to day, toiuglit and Wednesday ex cept snow in mountains; little change in temperature; southerly winds 15-30 mph San Francisco northward and 12-25 mph else where. Sacramento Valley: Cloudy with occasional rain today, tonight and Wednesday; little change in tem perature; high both days 55-60; low tonight 45-50; southerly winds 15-30 mph today. San Joaquin Valley: Variable cloudiness today, tonight and Wed nesday; occasional light rain north of Fresno today: little change In temperature; high both days 58-63; low tonight .40-48; variable winds 8-15 mph. Sania Clara Valley: Cloudy with occasional rain today, tonight and Wednesday: little change in tem perature; high both days 57-63; low tonight 46-52; southerly winds 12-20 mph today. -Fort Bragg and vicinity: Inter mittent rain today, tonight and Wednesday: Utile change In tem perature; southerly winds 15-20 mpii. Northwestern California: Cloudy with occasional rain today, to night and Wednesday: little change in temperature: coastal winds southerly 15-30 mph and Inland 10 20 mph; high todav and low to night Napa 60-45, Santa Rosa 60 44, Uklah 58-45. POTATOES By THE ASSOCIATED PRESS The potato market as reported Tuesday. Sixteen cities: 283 cars arrived: 961 cars on track. Shipments 479; Northern Calif. 31, Idaho 197, Ore gon 20. Wash. 4. IDAHO FALLS Market about steady; Russets No. 1-A. 30 per cent 10 oz and larger 2.40-50. SAN FRANCISCO Market about, steady: unchanged. LOS ANGELES Market about steady; carlot sales Idaho Russets No. 1, 6 oz. 3.50-65; Deschutes No. 1 extras 3.10. CHICAGO ufl Potatoes: Arri vals 63, on track 261 and total U.S. rhipments 479; steady. Carlot track sales: Idaho Russets, fair appearance S3.CC. Bakers $4.40. Utilities $2.50; Mlnnesota-N o r t h Dakota Pontlucs $2.80-2.90 washed and waxed; Colorado Red Mc Clurcs $3.50 washed and waxed. WOOL MARKET NEW YORK (UP) Wool top futures on the New York Cotton Exchange today opened unchanged to eight points lower. Opening prices follow: Dec. If!. 3 bid; March 157.5 bid: May 158.0 bid; July 158.5 bid; Oct. 158.5 bid: Dec. (19561 158.5 bid; March (1957) 17.5 bid; May 156.5 bid. Wool futures opened unchanged to 9 points lower; Dec. 127.0 bid; March 130.0 bid: July 128. bid; Oct. 128.0 bid: Dec. (19561 127.5 bid: March (1957) 126.8 bid; May 126.0 bid. ELECTRIC SHAVERS Brinq In Your Old Shaver For A S J 50 Trade ' Allowance The Gun Store 714 Main Ph. 3863 SALE! aVJJ.AtN.V 4 25 - W-Pi Death Takes Viola Page PORT KLAMATH Mrs. Viola Page, 83, who came with her fam ily to the Wood Rfvcr Valley In 1908, died this morning at the home of her daughter, Mrs. Edna Page Orth at Port Klamath. Mrs. Page had returned from Klamath Valley Hospital about to weeks ago after receiving treat ment for a broken hip and bron chial pneumonia. She was an honorary member of me rort Klamath Civic Improve ment Club and the Wood River Pioneers and Oldtlmers. In addition to her daughter, sur vivors Include two sons, Ouss A. Page and William A. Page, both ol Port Klamath; a granddaugh ter, Mrs. John Palmer of Klamath Palls; a grandson, James Orth of Modesto, California, and other rela tives. Ward's Klamath Funeral Home will announce funeral arrange ments. Oregon Weather Western Oregon Scattered showers through Wednesday with brief periods of partial clearing. Highs 4-56. Lows Tuesday night 34-44. Coastal winds southerly. 15 30 miles an hour, occasionally gusty. Eastern Oregon Scattered showers through Wednesday wilh brief sunny periods. Highs 38-48 except 30-35 In north. Lows Tues day night 25-35. Baker and Vicinity Showery through Wednesday. Lows Tuesday night 31-36. Highs Wednesday 42-43. Grants Pass and Vicinity Showery through Wednesday. High 55. Low Tuesday night 40. Oregon River Forecast Con tinued moderate rises in most streams west of the Cascades next two days. Little change in streams east of the mountains. NEW! f I Penetrating or annntis "liliiiiidlifiiWii MiiintoW liV. DEEP HEAT HEW MENTH0LATUM RUB -gets right to where it hurfs! DEEP HEAT. It'g a new and different penetrating relief for arthritic pain and misery. And it't greaaeless and ttaintess. JuBt massage Deep Heat' Mentholatura Hub on the sore spot as needed. In 30 second, feel its Deep Heat bring relief. Feel a warmth right at the point that hurts. Quickly "drawn muscles" are relaxed. Soon naming arthritic or rheumatic pain is soothed. PAYLESS DRUG - 808 Main i V ' i "l iM.Jiy.iilrttntl.il lit ft. Dulles Tells Intention s Of Stepping -Up Spending WASHINGTON Wl Secretary of State Dulles announced Tuesday the administration wants to step up Its foreign aid spending by 200 million dollars next year, and will ask Congress for a $4,900,000,000 appropriation. All of the contemplated increase in spending would be for economic help a field In which Russia has recently shown great activity. Alluding to this, Dulles said the United Stales "seeks no monopoly In rendering economic assistance," but declared "It would seem unnat ural for the Soviet rulers to pro vide economic aid to other peoples than the peoples they already rule are themselves In dire need." He added: "We hope that Soviet economic aid is not offered as a Trojan horse to penetrate, and then take over, independent countries." Dulles told a news conference he regretted very much a misun derstanding which he said had given congressional leaders the impression the program to be sub mitted In January would be about the snme as that voted this year. Dulles said the new money re quest to be laid before Congress will cover both military and eco nomic and that the jump of about 42.200,000,000 over this year's pro gram is to be explained In large part by a need to keep the pipe line of military supplies full. He drew a distinction between appropriations and prosDective ex penditures, explaining that actual spending on foreign aid will be only 200 million dollars more than the present fiscal year, ending next June 30. The money appropriated, but not to be spent in the new fiscal year, would odd to the reserve of for elgn aid spending authority for use In future years. It would raise this to about seven billion dollars. Dulles said the requested new appropriations will be about $1,900. 000.000 for foreign economic aid relief from pain ana rneumatism Mentholatum Rub includes the latest discoveries for relief ... a combination of active in gradients for extra-deep skin penetrating power. Guaranteed by a laboratory with 60 years' " experience, you must feel relief deep down or Mentholatum will refund purchase price. Stuffy head cold? Use regular Mentholatum. Soothe split lips with Mentholatum Stick. 4 v New '56 Dode Coronet Invades Low-Priee Field ! CtRi shin thi nwufc if Mil nil Doin mcckj! Mart's tti mIj IiII sui, fnH ttrliJ, fn.-lnhiwni KINS S!ZE CAR ti iividi tfci low -trici field witn i lull ji if body styles! Here is no stripped-down "price special" . . . but a full-size, full styled, Jull-fashiontd beauty that's KING SIZE in every way. This new Dodge Coronet takes the measure of all others in the low-price field on every point of value: Size! Beauty! Style! Tower! Roominess! Comfort! H is actually bigger and more luxurious than cars costing up to a thousand dollars more! Dods Dolers CUNNINGHAM & RICKEY MOTORS 7th & Commercial Klamath Falls, Oregon and 3 billion for the military aid program. Dulles said in response to re porters' queslions that he felt eco nomic and military assistance from the United States to otfer free nations will have to go on r an indefinite period of time. Thus he said It Is vital to keep the backlog at a high level so there will be no break In deliveries. ' Meantime Sen. Potter (R-Mlch) said he would look "with a jaun diced eye" any request for five billion dollars in new money and spending authority. Potter is a member of the Senate Appropria tions Committee, which would have to pass on foreign aid proposals. Sen. Mansfield (D-Mont), a mem ber of the Senate Foreign Rela tions Committee, said the proposed five 'billion dollar appropriation "seems too big to me." Yesterday Mansfield said that if the administration Is getting ready to ask tor that much, it has "broken faith with the Democratic and Republican leaders of Con gress." "They are asking twice as much as they asked for this year after promising congressional leaders less than a week ago their requests will be similar to this year's," he said in a followup interview today. After a White House briefing last week several congressional leaders of both parties said they were told the foreign aid appropriations re quest for the 1957 fiscal year would be only sngntiy more man me $2,700,000,000 (b) the lawmakers approved for the current year. Actual expenditures have been running higher than the amount of new funds provided yearly by Con gress, thus eating into the reserve. So smooch it leaves you breathless mimpjQp te qrtaiest VODKA ftOproof.Madefrom 100 grain neutral spirits. Ste. Pierre Smirnoff Fit. Inc.. Hartford, Conn. Come discover in the Coronet. - II l"31! Present: Cotton Bow I Footboll, NBC-TV, Weather Table By UNITED PRESS Temperatures and rainfall for 54 hours ending at 4:30 a.m. High Low Rain Albuquerque 57 29 Atlanta 64 33 Bakersfield 68 51 Brownsville 75 60 Chicago 14 6 Denver S9 33 Detroit 23 10 El Centro 67 45 Fairbanks -36 -43 Fresno 63 52 .13 Los Angeles 60 49 Miami 76 55 Minneapolis -6 -9 New Orleans 65 43 New York 37 15 . Oklahoma City 34 18 Phoenix 78 43 Red Bluff 56 53 . .70 Salt Lake City 64 46 San Francisco 69 57 .80 Seattle 44 37 .54 Stockton 62 64 . .54 Tucson .79 '45 . Washington ' 39 20 Yuma 76 43 .By THE ASSOCIATED PRESS 24 hours to 4:30 a. m. Tuesday Max. Mid. Prep. Baker Bend 36 .02 43 37 .07 50 43 .01 53 48 1.4 42 35 .56 39 37 .58 53 39 .72 ! 65 48- 1.97 58 51 1.19; 20 . 13 T 34 32 1.00 54 48 .6 ' 54 49 1.05 31 20 .15 Boise Eugene Klamath Falls Lakeview Medford Newport North Bend Pendleton Portland Airport Roseburg Salem Spokane ATTENTION HOME CRAFTSMEN! HOWIE DUZZIT Thtrs'f pUttant surprise for vary "D-lt-YoursH" fan t our store. Yes, it's brand nw uiaful ouidt of tips and ideas for handyman (and woman, too) all combined in a uiaful, at tractive calondar you can hang up in your homo for quick and accurate refer tries. We invite you to come tn and qat your "How To Do It" calendar at our store now. It's Ire I f - ' LUMBER Comer So. 6th & East Main Ph. 8167 You have a full choice of body styles, a full choice of advanced power features. And . . . you get the Magic Touch of Dodge push-button driving! the dividend of extra ralue that Dodge brings yo the King Size buy in the low-price field! Valin Itadf ol It,, Forwonf Look Jonuory 2 Crater Lake Snow Continues To Fall Snow continued to fall at Crattr Lake National Park today. The li inches which fell in the 24-hour period ending at 8 a.m. todav brought the snow depth to 78 lnchej more than . three times th ' ..... - uw depth last year. The road from Annie Springs to the rim is closed today and chains are advised on Highway 62 through the park. Skiing started several weeks ear lier than last year and is expected to be good this weekend after the snow packs. On The Record KLAMATH COUNTY MARRIAGE Ll( FNNKH GREEN-KOTTHOFF Billy W. Grm FERGUSON-REDIFER nnn.u . Ferguson, 37. Klamath Fall, and v. KLAMATH COUMV SUITS Dorothy SarriDlauftkl vi. Ariotnh c. plauski. suit for divorce. Attorney for Bernlce 6. Kuiawski vs. rh.Fiu . Kujawskl. suit ior divorce. Attorney State of Oreeon. bv and thmnat. State Highway Commission, vs. Crater a-oftc 'cl 1 y -uiiipny. an ureiui Cornoration. suit to condemn ian ... esaary for the right of way for th." :t'l Sixth street (Klamath r.i .? Railroad Overcrossin Section of the niaitiawi c aiiB-MiKEV ww niRnWay, BEAUTIFUL... PRACTICAL! W&stingliouse GRILL-N-WAFFLER Perfect for meals, snacks. Big capac Only ity, iiun-suciting waffle grids snap 41 in, snap out. 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