Herald and news. (Klamath Falls, Or.) 1942-current, January 18, 1956, Page 7, Image 7

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    WEDNESDAY, JANUARY 18, 1956
HERALD AND NEWS. KLAMATH FALLS. OREGON
PAGE SEVEN
Heavy Snow
Covers East
By THE ASSOCIATED PRESS
Cold and wet weather appeared
the outlook today for most ot the
country.
The season's heaviest snowstorm
hit southern New England yesier
day with falls ranging up to more
than 13 inches in some areas.
Eight deaths were attributed to the
storm, which abated during the
night over most of the eastern
section of the country.
Today's wettest weather extend
ed in a belt 3CO-350 miles wide
from Texas northward into Minne
sota. Snow fell southward into
Texas, with falls up to 2 inches
at Wichita Falls.
More rain hit the flood-stricken
areas on the Pacific Coast from
Northern Calitornia northward.
Skies were generally partly
cloudy In other sections of the
country.
The snowfalls in the East were
heaviest in southern New England
and sections of Maryland and
West Virginia. Snow was to a
depth of 12.7 inches at Milton,
Mass. Other amounts Included 10
inches at Providence, R. I., and
Falmouth, Mass., and 6 inches at
Boston.
In the Thomas-Davis district of
Vvest Virginia, snow depths were
up to IS inches, while they ranged
from 1 to 5 inches in parts of
Maryland.
Cold air edged into the northern
part of Florida this mqjning,
dropping1 temperatures to freezing
at cross City and Jacksonville.
Firm Continues
Winter Logging
SPRAGUE RIVER J. W. Fish
er Logging Company is continuing
some lodging operations at Sprague
River durin? the winter months.
During December, as many as
22 loads of logs daily were hauled
by truck from here to Anderson,
California, and an average of 15
trucks a day made the trip. Gyppo
integers Irom Southern Oregon,
Eureka, California, and from .Ne
1 da were employed by Fisher.-
Tentatlve plans are for four com
pany trucks to make the daily haul.
At present 14 railroad cars of logs
are being shipped every day from
the reload landing here.
Fulltime logging operations will
resume when the weather breaks
this spring.
mXtitSrJ THE f WHEATS f-
P
f I HAPPEN TO KNOW THIS I I 3
I ISAVESff SflCIAL PAY ) , rs S
N i KKL YOU, MOCTY J f HAPTY
J.wVTBri..: .. CAUAixi
Ford Stock Buying Starts
NEW YORK Wl The new Ford
Motor stock commanded a premi
um of around S5 a share today,
even before full-dress trading had
begun. '
Limited buying and selling of the
stock started late yesterday im
mediately after clearance by the
Securities and Exchange Commis
sion of the huge 10.200,000-share
offering at a price of $64.50 a
share. Today, the date for the for
mal offering. Wall Street looks for
a big turnover.
In the over-the-counter market
here, the shares moved quickly to
$70.37'i bid. $70.50 askad. That con
firmed Wall Street expectations
that the stock would rise because
demand so far outstrips supply.
Clearance by the SEC meant
that the Ford company had com
plied with legal requirements by
making a full disclosure concern
ing the stock and the firm's finan
cial position. That was the last
step necessary before trading could
begin.
Most investors know by now how
much of the stock they'll get If
Park Receives
Logging Relics
A number of pieces of" logging
equipment from the portable town
of Snevlln. which disappeared ironi
the American postal map at the
cud of 1(1j5. has been donated to
the Collier State Park logging mu
seum, located on Highway 97. north
of Klamath Falls.
The equipment according to Al
fred D. Collier consists of three,
36 foot loircum cni'3 to go under
tho McGifiert Under already at
the museiyn. a bunk-house car and
a cook house civ. Also donated
were five oak felloes usqd in re
pairing "high wheels" in the early
davs of the' logging Industry.
C. H. Armstromt, state superin
tendent of parks, said the logging
equipment, donated bv the Brooks-
Scanlon. Inc.. Bend, has a value
of around ."i00.
The additions to the museum will
complete a typical logging camp
layout of earlv day operations in
Khimath County.
A. D. Collier and A. M. Collier
gave several hundred acres of land
for a stale park in December 1944.
any. Thousands have been allotted
no more than 10 or 20 shares and
many will get less than 10. Blylh
& Co., principal underwriter, esti
mated that Ford will have between
230,000 and 500,000 stockholders
when the offering is completed. 1
The shares will trade in the over-the-counter
market until around
March 1, when they will move to
the New York Stock Exchange.
Ford also plans to list them on
several regional exchanges and
may eventually apply for listing
on Canadian and European ex
changes. The sale will bring in $657,900.
000. Underwriters and investment
dealers will claim $15,300,000
$1.50 a share in discounts and
commissions, leaving $642,600,000
for the Ford Foundation, which is
selling the stock.
MARSHAL ARRIVES
VIENNA lifl Prague radio re
ported yesterday the arrival of
Marshal Chu Teh, vice president
of Red China. He came from Hun
gary after a visit to East Berlin.
Meany Urges More School Aid Money
WASHINGTON Wt-AFL CIO
President George Meany today re
1 e c t e d President Elsenhower's
school aid plan. He proposed that
Congress vote four times the
amount the administration has
asked,
Meany called on Congress to
provide at least a billion dollars
a year for the next five years.
Eisenhower wants 250 million dol
lars a year for five years, with
the money to be used to help
states and local school districts
build needed facilities.
The chief of the newly combined
APt-CIO outlined organized labor's
legislative alms in an article In
the American Federatlonist, his
organization's monthly , magazine.
Mennv said education aid should
be "the first order of business"
In thl-! session of Congress. He
said Eisenhower's plan Is in
adnnuate. "The administration's program,
while making a significant conces-
Lions Auxiliary
Hold Dinner
WEED Sixty-one persons at
tended the Lions Club's Ladies
Night dinner meeting at the Savoy
Hotel on January 11.
Lions Zone Chairman William
Paul of Dunsmuir was Introduced
by Les Kyle. Weed club president.
"Mr: Roberts." a two-act drama,
was presented by the Weed High
School Drama Club, under the di
rection of David Tolle. Cast includ
ed Wade Blankenship. Joe Acquis
tnpace. -Joe Talleiico and Caiiee
Boutrager. David Kersey was prop
manager. Arrangements were made
by Axel Granstrom, Lions program
chairman.
Mr. and Mrs. Paul were special
guests. Other guests introduced
were Richard Gould and Mr. and
Mrs. Pete King. Gould and King
are new members of the Weed
Lions Club.
DELEGATES CONVENE
GENEVA Mt India' roving am
bassador Krishna Menon. met
voste-day with Wang Ping - Nan.
Red China's ambassador to Poland
and chief delegate In the 24-week.i-
old negotiations here with the
United States. After the meetina
Menon said he discussed with
Wane the stalemated talks here
between the Reds and U. S. Am
bassador U. Alexis Johnson.
slon to the need for federal aid,
adds up to another manifestation
ot the 'too little, too late' policy,"
Meany said.
"Labor believes that stinting the
schools is the height of false
economy. In order to build the
necessary schools and provide
higher pay standards for teachers
so as to attract more qualified
people to this profession, the fed
eral government should commit It
self to an Investment of at least
a billion dollars .a year for the
next five years."
Meany said that "since the states j
and communities cannot cope with
this immense problem on their i
own, the federal government mustt
assume Its fair share of the :
burden." . !
In the foreign policy Held. Meany
called on Democrats and Republi
cans to quit bickering and to get
together on "a truly effective"
program.
"There will be a strong disposi
tion, for political reasons, to criti
cize administration failures in the
cold war." he said. "The admin
istration has let Itself In for such
criticism ...
"Yet criticism will get us no
where. The real need Is for bl-
partisan agreement on a sound and j
firm policy which can be consis-1
tently applied In the future In order i
to preserve peace and safeguard 1
the, free world.", 1
The AFL - CIO president said i
labor Is willing to forego a tax i
cut If It would "endanger national
security." But he said If taxis are
to be reduced it should be done
to help low-income families.
Meany called for aid to farmers,
Taft-Hartley Act revision and a
number of Improvements In social
security, housing,
and other, fields.
minimum waga
JOHNSENV
TAILOR SHOP
B-iil Klam.lh Avenua
OPEN FOR BUSINESS ,
M.d. U Mumrt mila . All.ritl.M
1956 BUICK
Top Trades
EASIEST OF TERMS
Jim Winde Brick Co.
1330 Main
DON'T
show me
bifocals
I V f 1
r --; -
. Examine me for
Moles Bled-Voe Lenses!
Blend -Vue lenses are obtainable exclusively through Dr. Noles Op
tometrists at Columbian Optical Company. If you hove dreaded get
ting new glares because you knew your next pair would be bifo
cals, Dr. Noles can give you the appearance of youth and freedom
from bifocal discomforts through this sensational lens, which elimi
nates 'he objectionable bifocal line and unpleasant eye-jump caused
by old-fashioned bifocal lenses. The new Noles BLEND-VUE lens is
not to be confused or compared with ordinary Continuous Vision
Lenses, which we hove dispensed for many years.
Pleasant Courteous
j Credit Always ; .
with offices or
COLUMBIAN OPTICAL CO.
710 Main St., Klamath Falls, Or.
Dr. Omor J. Noles ond Don R. Hoylor, Sr.
Jo Jo NEWBERRY'S
ME
Thursday - Friday - Saturday1
JANUARY
I IV ; SKITO I
I I I i -liW Reg. 3.98 - Assorted QQ '
I I I I rll i Sizes and Styles II I
I I if I 18-only, Close Out. Jj j
r X Boys' 8"oz' Denimt''
MM MM MM, mm, mm MM II 1 IV i i-"f" : T
i smm I stay
S Siiei 6-8-10-12 f4 1
i ff n
Reg. 3.98 Boys'
Reversible
Jackets
Sizes 4 & 6 only
16 only - Close Out
Reg.3.98
Save 1.99
j Re-inforced-double stitched
Quality Zipper,
Ladies Panties
Girl's Plaid
Dresses
Sizes x-xx-xxx
A A
For
Rcq. 2.98 Save 1.10
Req. 1.98 . Save 65c
Sizes 7 to 12 . Close Out
188
1 33
J. J. NEWBERRY Co.
825 Moin
II y
I
9x12
' BUGS ' l
I
67
i e.ono m nil
i ftca-
7 PIECE
LARGE
TABLE
l 6 Heavy Foam Rub- ,
ber Podded tha.r..
Discounted i
i !
I FOR L
AT H AFTER'S
NOW... for this Sale only,
you can buy any piece or set of furniture in our
store at a SUBSTANTIAL DISCOUNT. Every price
tag (no exceptions) has been marked down to
show you a tremendous saving. We challenge
anybody, anywhere, any time to give you as
MUCH for your furniture dollar as you get right
here, right now. Seeing is believing. Comparisons
are convincing. Come... see . . . compare . . . and
buy at huge savings!
1
c
SIMMONS
BACK GUARD
MATTRESS
Nationally Advertised
At 59.50
41 24
Discounted 1 per set
HOW
JO
Each
a
Door Mirrors 1 79
' Bathroom Heaters II7'
Swing Rockers.. .....14 79
Portable Wardrobe 5"
Medicine Cabinet 2 79
Tables Co"ee-on d,a 5 79
Ninth and Klamath
Phone 4878
A,. 0Ae,
14979
Keq.
24
i '-,on
3 V" .N
lift
Bed Daveno
ClubChair
Choice of Colors I I
I Req. 139.95 l
! Discounted To I
n 9979 l
l lsc Our r
I EASY CREDIT I
I PUNTOBliY M