Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Feb. 23, 1956)
PAGE FOUR MARKETS AND FINANCE $ STOCKS wall itbeet NEWVORK Ul Tht ilock market. a food advance Thursday under excellent leader ship. Prfbe la the let afternoon were at; their best. Gain" rfut to. between 1 and 3 points fll to peak while losses were Infrequent and anall In key areas of the st. Trading .expanded with the rise and came to an estimated 2,800,000 shares as compared with 3,240,000 shares traded Tuesday. NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation M V Allied Chemical 108 , Allls Chalmers 70 V, Aluminum Co. America II American Airlines 24 American Motors 8 V, American' Tel. ft Tel. 183 American Tobacco 78 Anaconda; Copper 74 Atchison Railroad 141 V, Bethlehem .Steel 193 Boeing Airplane Co. 75 Borg Warner . 44 H Burroughs Adding Macb, 31 V4 California Packing 42 V Canadian Pacific 33 ' Caterpillar Tractor ' 83 'A Celanese Corporation 16 Va Chrysler Corporation 75 Va Cities service 68 M Consolidated Edison 48 Crown 7,ellerbach 87 Curtlss Wright 2? Oougla Aircraft 82 3i da Pont de Nemours 224 Eastman Kodak 80 Emerson Radio 12 General Electric 68 Vt General Foods 31 General Motors 44 Georgia Pnc. Plywood 40 Goodyear Tire 64 Homcstake Mining Co. 38 y, International Harvester 37 International Paper 115 Johni ' ManvlUe 88 Kaiser Aluminum 38 ,4 Kennecolt Copper 125 Va Llbbv, . McNeill 18 ,i Lockheed Aircraft 40 Lowe's Incorporated 23 Long Bell A. 63 ',, Montgomery Ward 88 2 New York Central 43 Vi Northern Pacific 76 V, Pacific American Fish 10 Va Paclflo Gas b Electric 50 Pacific Tel. 81 Tel. 136 Penney (J.C.) Co. 38 ,4 Pennsylvania R.R. 23 Pepsi Cola, Cp. . , 23 Fhllco Radio 32 Y, Puget Bound POL. 26 Radio Corporation 43 i'i Rayonler Incorp. 36 Republic steel 46 Reynolds Metals 53 Vt Richfield Oil 75 Bafeway Btores Inc. 53 Bcott paper Co. 63 Bears Roebuck U Co. 33 Vi Sinclair 0l , , 6 Bocony ; '' 6 H Southern Paolfio 56 VV Standard Oil Calif. S3 Vi Standard Oil N.J. 154 V, Studebaker Packard 3 Sunshine Mining 10 tJwift b Company 46 'A Transamerloa Corp. 40 H Twentlelth Century Fox , 28 Union Oil Company j 58 V, Union Paolfio 174 V, United Airlines 40 i'a United Aircraft 70 United Corporation 6 4 United States Plywood 40 United States Steel M. Warner pictures 23 ',4 Western Union Tel. 20 Westlnghouse Air Brake 30 H Westlnghouse Electric 88 V, Woolworth Company. 47 y, California Weather .BT UNITED PRESS Sad Franelsco Bay Region: Few showers today, fair tonight and Friday?, colder today and tonight; high today San Francisco, Oakland San Mateo and San Rafael 63-66; low tonight 35-42; west or north west winds 12-25 mph. Northern California: Showers along coast and In valleys and snow in mountains today; partly cloudy tonight; mostly fair Friday except Tain likely in extreme northern portion; cooler today and tonight; westerly winds 12-25 mph becoming northwesterly tonight and Friday. Sierra Nevada: Intermittent snow today, partly cloudy tonight. Sacramento Valley: Scattered showers today, clearing tonight and mostly fair Friday; colder to day and tonight; high both days 48-56; low tonight 30-38; variable winds 8-15 mph. Northwestern California: Show ers today, mostly fair tonight and Friday except rain likely Eureka northward late Friday; cooler to day and tonight; high today and low tonight Napa 85-33, Uklah 49 30, Santa Rosa 65-31; coastal wind westerly 12 . 25 mph becoming northwest 13-36 mph tonight and Friday excel eouthwest late Fri day Cape Mendocino northward. Magnuson Asks Fishery Revival WASHINGTON (UP) Sen. Warren O. Magnuson (D-Wash) today proposed that an Independ ent government Fisheries Com mission be established to revive the nation's lagging fishing Industry. In a speech prepared for Senate delivery Magnuson charged that a shocking, disregnrd" of Amerl- .n muieries oy nigh government officials and lack of any agency to promote their welfare hu brought the nation's fishing Indus try to a "low point" In its history. He said establishment of a Fish eries uommwsion would "relieve American iisnenea of bureau. cratio bungling" and take them out oi pontics. - Potato Shipments SKAHONS 64-63 53-51 kitfflivt "Ore. it i .. ' n - sllsVaJlJJra. 1 $ ,15u Truth Calif. ( I 'MyJall "CalU. 4 I Dally Total ORB. wtCAUP. ' II Monthly Total 818 (80 Season's Total 4877 (374 LIVESTOCK CHICAGO LIVESTOCK CHICAGO on Butcher hogs sold steady to 25 cents lower Thursday while sows were steady to weak. Most 200 to 240 pound butchers moved at 111.75 to 112.25 with 62 head at 112.75, the top. Buyers paid 111.75 to 112.00 for 240 to 270 pound butchers. Sows sold from ti li to 111.50. Prime steers were very scarce with odd head of yearlings selling up to 122.75. A lew utility and commercial steers went at $12.00 to $14.50. Good and choice heifers brought $16.50 to $18.50. Salable receipts were 11,000 hogs, 3,000 cattle, 200 calves and 2,500 sheep. PORTLAND LIVESTOCK PORTLAND M (U8DA) Cattle salable 150; market fairly active, mostly stesdy following strong trend Wednesday; truck lots good, and choice 984-1,042 lb fed steers 18.50, around 60 head choice Wed nesday 19.00 with two bead at 19.50; few good and choice heifers 15.00-16.50, utility and commercial grades 10.00-14.00; canner and cut ter cows 7.50-9.5Q, few utility and commercial grades 10.00 - 12.50; short load 856 lb feeder steers 16.50. Calves salable 25; scattered seles steady; Individual choice vealers 29.00, few utility and commercial grades 12.00-19.00. Hogs salable 100; market active, stesdy-25 higher, extreme top 50 higher; sorted lots U. S. No. 1-2 butchers 180-233 lb mostly 15.00 15.25, negligible lot 15.50, few lots mixed No. 2-3 butchers 14.25; sows scarce, 300-400 lb salable 11.00- 12.80. Sheep salable 50; few early sales steady; one lot choice fed 96 lb wooled lambs 18.50. good and choice slaughter lambs 16.50-17.50, no feeders available early; good and choice ewes salable 5.00-6.00. SAN FRANCISCO (UP-FSMNS) Livestock: Cattle salable 25. Light supply dairy type cows. Clean-up trade moderately active, about steady with Monday. Utility cows pre dominated In supply at 10.50-12. Calves salable none. Hogs salable 200. Supply mainly butchers. Moderately active. butchers fully steady with Tues day's market, other c 1 a s s es scarce. Mixed lots U.S. No. 1 to 180-240 lb butchers 13.75. 8heep salable 525. One load slaughter lambs offered on mar ket, remaining supply of lambs and late arrivals to be offered on Friday. One load good to mostly cnoice 95 lb wooled slaughter lambs about steady at 19. GRAINS CHICAGO -GRAIN CHICAOO Ifl A strong buying move sent all wheat,, rye and old crop aoybean futures spinning up to new seasonal highs on the Board of Trade Thursday. Feed grains did not participate in the advance. Behind the advance In soybeans and tne oread grains was the con. tlnued cold weather In Europe, ac companled by reports of crop dam age, and firmness in cash markets. Cash soybean oil sold at 13", cents a pound, a new high since De cember, 1954. Wheat closed 1 to 2V. higher. March 2.311,-2,21; corn -l?, low er, March 1.30-tt; oats V. lower to higher, March 63'i; rye 1H 2 higher, March 1.3014, soybeans K-Jli higher, March 2.60X and lard 10 to 20 cents a hundred pounds higher, March 12.20. WHEAT Open High Low Close 3.19 V, 3.21 i, 2.19 2.21 V, 3.16 2.17 2.16 t 2.17 1.99 2.02 Va 139 2.01 2.01 2.04 2.01 2.04 2.05 3.08 a 2.03 2.07 V, Mar May Jiy Sep Dec PORTLAND GRAIN PORTLAND 11 Coaisc grnlns. 15-day shipment, bulk, coast, deliv ery: Oats No. 2, 38 lb white 63.00 54.00. Bnrlcy No. 2, 45 lb B. W. 47.50. Corn No. 2, E. Y shipment 6300-6325. Wheat (bid) to arrive market. basis No. 1 bulk, delivered coast: Soft White 2.20; Soft White (ex cluding Rex) 2.20; White Club 2.20. Car receipts: Wheat 14; barloy flour 8; corn 6: oats 1: mill feed (. WOOL MARKET NEW YORK (UP) Wool too futures on the New York Cotton Exchange today opened unchanged to 20 points lower. Opening prices follow: USarch 167.5 bid; May 159.0 bid: July 158 0 bid; Oct. 158.1 bid; Dec. 157.5 bid; March (1857) 157.0 bid; May 158.3 bid; July 156.0 bid. Wool futures opened unchanged to 13 points lower: March 129.0 traded: May 129 0 bid: July 139.0 traded; Oct. 128 0 bid; Dec. 127.; bid; March (1957) 126 0 bid; May 126.0 bid; July 126.0 bid. POTATOES CHICAGO POTATOES CHICAGO (.fl Potatoes: Arri vals old stock 102; on track 178; total U.S. shipments Tuesday 711, Wednesday 655; market for Rus sets about steady, for Reds firm. C'arlot track sales, old stock: Idaho Russets 84. 00-4.25, bakers 84 50, In 10 lb sacks cwt. basis 5.00-5.20. utilities 83.25; Minnesota-North Da kota Ponllacs washed and waxed 34.00; Wisconsin Round Whites 33.70 unwashed, Russets 82.85 un washed. Happy Is The Day When Backache Goes Away W-Tltni Wl.rfc.. Ii.ii.larh.. or mu.ml.r arn .ml palm mav torn. on with ov.r-i.r Uon. .motional upi.laurday todav itrM an4 alrain. And ft,in .ho M ami ,trtnk unoh.lr oia.lim.i auff.r niij bi.rtrt.r rll,.,i, ...wltS that r.atl.a, unromfortaM. fMtine. It roil an im,.h! ami worn out tuia Of lh... it,i.,fo, u. HmV, r-illanhra h.l k ta.lr Ma nltovlm a.th. by thrtr a,ta ICfi ,1 J? ", blJ'1" Irritation. an4 by th.lrit.IW dlur.tk- action thnraah to. kldmra aail.a af t-.Miwy tiibrt. 8o If naairina UrVarha main m (n erarat-ouL mir.M.. with mtl.M. a)... Iaa nlahta.don'twail, try lioan'i Tilla. a.t tha aam. happy rllf mulk.n. hava .njori tor ov.r yrara. Ank for n.w. lanr. aconomy iaa anil aava monay.Utt Doaa'a J'llla today I Youth Gets Jail Sentence An Incorrigible 17-year-old youth who admitted to District Judge D. E. Van Vector that he had been previously arrested for loot ing a liquor truck, eight times for drunkenness and had appeared 13 times in Juvenile court, waa sen tenced to 90 days In the county jail Thursday. The youth, Ivan Joe of Chlloquin, was before the court on a charge of illegal possession of liquor to which he entered a guilty plea. Joe was arrested by atate liquor Inspectors after he purchased in toxicating beverages In a South Sixth Street tavern with false identification papers. He tried to escape after lie was placed under arres.. Judge Van Vactor passed sen- tence after County Juvenile Offi cer Francis Mathews read the boy's record. The present case was transferred from Juvenile court to district court by Circuit Judge Da. via it. vanaennerg. Gilchrist Dies In California Lester Raymond Gilchrist. 54. a former resident of Klamath Falls, died in Woodland. California on February 23. He was a native of Corning, California. The family home was at Knights Landing, Cal- uornia. The family left here five years ago. Mr. Gilchrist suffered a stroke at that time and has been hospital ized since then. He was a member of the First Christian Church and of the Broth erhood of Railroad Trainmen. Mr. unchrlst was a retired Southern Pacific conductor Surviving are his widow. Mrs. Edna Gilchrist, Knights Landing, California; a stepdaughter, Mrs. Herman Oumbert, this city; a step son, BUI Graham, Woodland, Cal ifornia; brothers, George W Leon ard H Klamath Falls and A. H. Gilchrist, of Knights Landing; sis ters, Mrs. A. J. Craig. Lancaster. California; Mrs. Fred Overton of Cottage Orove, Oregon, Mrs. Philip Hersey, Klamath Falls, Mrs. Wil bur Telford of Spokane. Funeral services will be an nounced by Ward's Klamath Fu neral Home. Oregon Weather Western Oregon Considerable cloudiness with scattered snow or rain showers snd somewhat colder through Friday. Highs Frldav 40 48; low Thursday night 28-32. Coastal winds mostly southeasterly becoming 12-25 miles an hour Fri day. Eastern Oregon Partly cloudy with scattered snow showers through Friday. Colder. High Fri day 30-40; low Thursday night 18 28. Orants Pass and Vicinity Partly cloudy with a few snow showers through Friday. Some fog at times. Low Thursday night 30- 30 ; nign Friday 38-43. Baker and Vicinity Partly cloudy with an occasional snow shower through Friday. Low Thurs day night 18-23; High Friday 34-38. Weather Table By THE ASSOCIATED PRESS 24 hours to 4:30 a. m. Thursday Max. Mln. PrcD. Baker 46 28 .45 Bend 37 22 .27 Boise 68 37 .01 Eugene 44 34 .06 Klamath Falls 34 9 Medfort 33 3S .58 North Bend . 43 35 .64 Pendleton 39 31 .13 Portland Airport 43 34 ,04 Roseburg 42 31 .06 Salem 44 33 .09 Spokane 34 28 .10 See This Great RANGE On Display At Our Booth AT THE HOME SHOW completely MiTOhtMiC am off automatically i "7 rtVPM UNITS mfi BAKE bed i ww-.- -Blw over... every- way. .""'" " BIG MASTER OVEN LfwiwSi Leach Service Co. 123 South Sixth HERALD AND NEWS. KLAMATH FALLS. OREGON WOMEN OF ACHIEVEMENT of Klamath County for 1955 were honored by the Quota Club, Klamath County women's service club, Wednesday night at its annual banquet. This annual affair it, held to honor women of accomplishment of the county Inot members of the club) and observe the founding of the civic club. This year the club picked two Bly women for their civic endeavors and work through 1955 with various organizations aiding their community. The two women honored by the club were, second from left, Mrs. William A. I Betty I Hatii and Mrs. Joe I Lynn I Kendall, second from right. Edith Lantz, left, president of the club, looks on as Helen Majors, right, past president, presents the plaques to tha co-winners of the honor. Principal Recalls Fremont Opening On a windy day, 30 years ago, February 2, pupil3 and students of the old Central School moved bag and baggage to a brand new school buildinjr, the Fremont. Only the three first grades re malned at Central. The date of the move was re called today by Mrs, . Augusta Parker Dunbar, who served as principal for the remainder of the year at both schools. No floor had yet been laid In the Fremont gymnasium and physical education classes trained on a dirt floor. Howard Perrin was the arch-, itect. Two of the teachers, then mem bers of the faculty, Olive Wilson and May Phinney, are still teach in? at Fremont. Mrs. Dunbar, who has devoted her lifetime to the pro fession substitutes In the city schools. Former KF Resident Dies Mrs. Blanche Fern Hopkins, 66, a former resident of Klamath Falls, died at Portland Monday. She and her late husband, Loyal B. Hopkins, had moved to Portland la 1942. His death occurred there in 1953. She was a member of Aloha Chapter lfil, OES, Klamath Falls Zuleima Temple No. 13, Daughters of the Nile, Ashland; the Ameri can Legion Auxiliary of Klamath Falls, and St. Paul's Episcopal Church. Survivors include three" sons, Ronald B. Hopkins, Loyal B. Hop kins Jr., and Leslie A. Hopkins, All of Portland; three sisters, Mrs. Bruce Kelsey, Mrs. Media Wycoff and Mrs. Mary Mozeneny; two brothers, Eugene Basom and Odie Bnsom and 12 grandchildren. Funeral services will be held Friday, Februnry 24. at 2:30 p.m. from the Ross Hollywood Chapel, 4733 NE3 Thompson, Portland, with interment in Willamette National Cemetery in Portland. automatic v Jnti BE SURE TO PICK UP YOUR MAGIC KEY FOR FREE AWARD! WOOIl N. CTH O Phon. 2-2528 Most Highways Most highways serving Klamath Falls were open and clear tills morning, the Oregon Highway Commission reported. However, the commission ad vised all motorists trayeling in mountain areas to carry chains. As or 8 a.m. today, chains were required on Green Springs, Wil lamette Pass, Chemult, Bly, La Pine, Santiam Pass and Warm Springs Junction, the commission said. Aldridge Services Held In Clatskanie Funeral services were held Feb ruary 21 in Clatskanie for Mrs. Emma A. Aldridge. 86, who died here on February 17. She was a resident of Oregon for 83 years, living most of that time In the Nehalem Valley. Mrs. 'Aldridge had lived in Klamath Falls two months to be near a son, John D. Ald ridge, 4653 Shasta Way. Arrangements here were in charge of Ward's Klamath Funeral Home. Mrs. Aldridge is survived by two sons, two sisters and two brothers. 660 4-DOOR, J-svati with rwM fur JJg ' ''X,y Americas Best Buy beauty-bigness Why not have fun while you're being practical? Here are some wonderful ways to do just that! Each one is sleek and excitftig as a sports car, handy as a pickup truck , , . and extra big in the bargain with a road-leveling 122' wheelbase! But the really breath-taking difference in Pontiac's line of fabulous family wagons is the way they GO! . There's nothing like it . . . because they're powered by the greatest performance team ever offered in a station wa;;on . . . the mighty 227- "ft' I .'0'.: r '1av ""rsJ-7 i 4 " V 1' xf ,y Reported Open The Oregon State Motor Associa tion (Triple A) otfice in Klamath Falls reported that Highway 97 In California was open, and that chains were not needed. However, a bridge at Doyle, south of Susan ville on Highway 395 to Reno, was washed out, forcing Reno bound travelers to go by way of Sacra mento. Meanwhile Southern Pacific of ficials said that railroad passenger and freight operations were fully restored to normal today after a slide had closed the main line near Cruzette at 4 a.m. Tuesday. The slide, which derailed two freight cars, was cleared at about 12:30 a.m. Wednesday, and some trains operated. Wednesday. RUMMAGE SALE The Rebekah Social Club and the Theta Rho Girls Club No. 8 will hold a rummage sale, Saturday, February 25 at the Pelican The ater. Lots of good items of cloth ing and other articles will be on sale. The building will be open Fri day afternoon, February 24 to ac cept rummage. Donations will be welcomed. 9 puvrngrru . ..bath Tear MK.fi fold flat for wxtra PARKER PONTIAC CO. 606 So. 6th St. Power Restored To Normal In Some Areas; Modoc Out Electric service was restored late Wednesday evening to about 40 or 50 power users in the Williamson River- Agency Lake area, Callfor nla Oregon Power Company offi cials said today. Power in the area was restored at ahout 11 p.m. It had been out wince 9:20 a.m. Tuesday, when high winds and Ice knocked down about 15 poles on a Up ilne serv ing the area. However, 25 to 30 customers in the Timber Mountain area in Mo doc County were still without pow er Again, the demons were high winds and ice, which knocked down several poles on lines serv ing the area. Deep, wet snow made it extremely difficult to get repair vehicles to the area of the damage, but crews from Alturas and Klamath Falls hoped, with luck to get service restored this evening. Service In the area has been out since Tuesday evening, and was also affected Tuesday morn ing bv the failure of a main trans mission line bringing power Into Tulelake RC Plans Drive TULELAKE The Tulelake Branch of the American Red Cross will launch its annual campaign for members and funds March 12. tmder the leadership of Chester J. Stonecypher Jr. Campaign goal has been set at $1873 which Stonecyph er points out as significant to their community as this was the date of the Modoc Indian War in which there were more casualties than In the Spanish American war. Stonecypher is the son of pioneer Tulelake homesteaders and has lived here since 1929. He Is a World War n Navy veteran, Is married and has three children. He was a leader In the recent success ful community drive for funds for an ambulance. In his Red Cross campaign he will be assisted by two other mem bers of pioneer Tulelake families, David Crawford and Walter Mesh ke. Crawford is farming In the area now and has lived here all his life. Meshke came to Tulelake with his parents in 1930 among the early homesteaders, served with the Navy during World War II and is now farming here. C. A. Boyden, chairman of last year's successful Red Cross cam paign in Tulelake, is acting as fund planning chairman and Burton Hoy le, chairman of the Tulelake Red Cross, is assisting In the drive or ganization. Campaign leaders promise the community a short and spirited drive and are now organizing a crew of some 75 volunteers to cov er the area within a two weeks' period. cargo ipacr. The ear ' . v -' v l AND BLAZING GO! horsepower Strato-Streak V-8 and revolutionary Str'ato-Flight Hydra-Ma tic Drive! And that big, extra power means a new kind of handling ease and liveliness you've never known in a big car And wait 'til you hear the prices. They're as practical . . . and exciting ... as the cars them selves . . . starting right down with the lowest! Come in soon let us show you why these fabulous '56 Pontiacs are rated America's best station wagon buys! Klamath Falls, THURSDAY, FEBRUARY 23, 195a the area from the Pit River po,, plants. This line waa restored Tuet. day evening. Partial servlc u maintained by alternate lines. Portions of.Langell Valley w without power from -7 p m. Wednesday when an oil tvfcw tripped due to unknown cause shutting down service on tht liaei It served. It took Copco repair crews an hour to get to the substa tion and close the switch. Power company officials specu lated that wind caused two lines to come into momentary contact, causing the overload which tare the 'safety switch. Or, perhaps they said, there was too much snow and ice on the switch itself Several areas served by the Mid State Electric Cooperative of La Pine were still without power. Among them wer Chemull, Crej. cent and Crescent Lake. A spokes, man for the cooperative said that lines serving Crescent went out this morning while the other lines tit out Tuesday Cooperative officials said full crews were working to restore service, but did not know when they would be able to finish. Meanwhile, Pacific TeleDhuu and Telegraph Company officials said that telephone service in tht Klamath Falls District had been restored to n o r m a 1. Actually, R. C. Hopson, wire chief here, said! there was no real trouble here. However, In the Alturas district, about 50 polos were knocked down by Ice and high winds. These poles left many parts of Alturas without service. Hopsoa said that California crews were working, and hoped "before the day was over" to restore all serv ice. Scout Official Plans Speech Jim Sherrick, assistant district commissioner of the Klamath Dis trict, will speak on the "Value of Cub Scouting to Boys and Their Parents," at a meeting of Cub Scout Pack No. 8 during a dinner meeting Friday, February 24. It Roosevelt School. The 6:30 p.m. Blue and Oold ban quet will be served in the cafe teria. Beverages, rolls and dessert will be furnished by the pack mem bers. Families are asked to take s hot dish or salad for the dinner. For reservations phone Mrs. Whit ten, phone 8673. Fred Ehlers, cub master will pre sent awards to the cubs. The dinner will commemorate the 46th anniversary of scouting. WELCOME CHANGES NEW DELHI, India LB Prime Minister Nehru said Thursday the 20th Soviet Communist Party con gress brought "welcome" changes in the Red outlook. He said these changes were "taking the Soviet Union closer and closer to nor malcy." $ayg 0 and the price won't itop you! PONTIAC 870 4-DOOft, a?-, rter wal lotdt fiat for 7H ' carrying port win got cfoMrf, glt9 Opt. Ore. I
