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.
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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.
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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
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