Herald and news. (Klamath Falls, Or.) 1942-current, March 01, 1956, Image 4

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Herald and news., March 01, 1956, Page 4, Image 4

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Newspaper Page Textpage rovn MARKETS AND FINANCE STOCKS WALL STREET NEW YORK 11 The slock market rallied In the late alter noon Thursday and posted aome excellent fains. The rise went to around t points In favored divisions while losses were few and email. Trading picked up speed as nrlees improved and came to an estimated 2.600.000 ahares for the day. That comparea with J.MO.OOO aharea Wednesday when trading hit a furious pace as rreaioeut senhower said "yes." The ceneral Idea In Wall Street was that with political considera tions out of the way for the mo ment the stock market was In an excellent position to respond to business news. The general run of news was excellent. NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation 1 ?a Allied Chemical 113 Allla Chalmers 70 . Aluminum Co. America 17 Vi American Airlines 24 M, American Motors 8 3i American Tel ii Tel. 185 American Tobacco 1 a Anaconda Copper It'i Atchison Railroad 1 ',' Bethlehem Steel 193 i Boeing Airplane Co. 14 Borg Warner 1 Burrourhs Addlns Math. 33 1 I California Packing ' 41 'i Canadian Pacific 33 a, Caterolllar Tractor 6 ! Celsnese Corporation 19 ''4 Chrysler Corporation 14 Cities Service 60 V Consolidated Edison 41 Crown Zellerbach it 4 Curtis Wright 33 r, Doualas Aircraft 4 'i du Pont de Nemours Mi " Eastman Kodak M Vi Emerson Radio 13 ' Oeneral, Electric ; 6 Vt Oeneral Foods SH ',4 Ceneral Motors' 46 . Georgia Pae. Plywood 40 ,, Ooodyear Tire. 6 Homestake Mining Co. 37 International Harvester 37 "k International Paper 119 'a Johns Manvllle 9 Kaiser Aluminum 39 Kmnecott Copper l'J9 Llbby, McNeill 16 Vi Lockheed Aircraft 49 "4 Lowe's Incorporated 23 Long Bell A 64 Montgomery Ward 69 New York Central ' 49 a Northern Pacific 77 't . Pacific Oas at Electric 60 Penny (J.C.) Co. 99 Pennsylvania R. R. 24 ''4 Pepsi Cola Co. 23 Phllco Radio 33 a, Puget Sound P Si L 2 Radio Corporation 44 'i Rayonier Incorp. 37 V4 Republic 8tel 47 Reynolds Metals 84 3i Richfield OH 74 Vt Bafeway Stores Inc. 63 ',i ficott Paper Co. 69 Bears Roebuck ti Co. 36 Sinclair oil 61 Socony 71 Vt Southern Pacific 64 Hi Standard Oil Calif 95 Sunshine Mining , 10 14 Swift fc Company 46 i Transamcrica Corp. 42 Twentieth Century rox 34 ,, Union Oil Company 69 Union Pacific 176 ' United Airlines 41 j United Aircraft 70 United Corporation 7 United States Plywood 41 United States Steel it3, Warner Pictures 23 Western Union Tel. 21 , Westlnghouse Air Brake 3 1, Westinghouse Electric 68 Vt Woolworth Company 48 !, Coos To Seek Ammunition Site COQUILLE (P) The Coos County Chamber of Commerce Wednesday decided to seek the . naval ammunition depot If It Is to bo moved lrom Port Chicago, Calif. Port -Chicago officials, wanting land for Industrial expansion, are urging the Navy to move the depot. Manager Howard Maple of the Chamber of Commerce la to go to Washington, where the House Armed Services Committee Is hearing Port Chicago arguments for moving tne depot. Maple will advise the committee Coos County would welcome the depot and Us 960 civilian employes. Services Pending For Fred Myer Fred Myer 71, a native of Do- t brenka. Russia, and realdent of i Klamath Falls, for five years, died j at a local nursing home March 1. His death followed a stroke. J Survlvora include two daughters, Airs, nose iiermam, ruamatn nn and Mra. Emma Crawford, Mo desto, California; three Bona, the Itev. Edward Myer of Beirut, Leb anon; Albert of Nester. California and Victor of Arlington Heights, Illinois; also eight grandchildren. Funeral arrangements will be announced by Ward's Klamath Fu neral Home. Mrs. Carrie Enrwistlc Dies In Klomorh Falls Mrs. Carrie Entwlstle, 86. native at Platlsburg. Missouri, resident of Klamath Falls for six years, died at a local nursing home on Feb ruary 27. She was the mother of Mrs. W. W. Hampton of this city. Funeral services will be held at a later date from the Howe Mortuary In Loiurmont, Colorado, tvard'a Klamath Funeral Home Is In chart of arrangements. Police Cite Woman For Traffic Accident Winona Moore. 2636 Oettle, re ceived a $10 auspended sentence for failure to yield light of way this morning as ihe result of a traffic accident Wednesday alter .noon, police reported today. The Moore auto and one driven by James R. Hlmnan collided at Ihe Intersection of Wantland Ave nue and Mitchell Street at 4:31 p.m., police aald. There were no injurle '. LIVESTOCK PORTLAND LIVESTOCK PORTLAND I (USD A) Cattle salt ble 100: supply mostly cow selling steadv; good and choice fed cattle acarce but demand narrow; few commercial and good steers Wednesday 14 00-16.00; canner and cutter cows Thursday largely 7.30. 9.00. few to 1.50, few utility 10. 00. 10.60; utility and commercial bulls aalabie 14.00-14.50. Calves aalabie 25: market ac tive, steady; choice vealera 24.00 28.00 with prime offering 29.50- 30.60 Wednesday and prime indl vldual 32.00 late Wednesday, gxxj vealers Thursday 21.00-24.00. Hogs aalabie 100; market only moderately active, steady with Wednesdays 60 lower close: sort ed lots U. 8. No. 1-3 butchers 180- 235 lb 14.00-14.50. No. 3 largely 13.60: sows 320-420 lb 11.00-12.50., few 500 lb 9.50. Sheep salable 60; market not es- tabllshed on limited receipts good and choice slaughter lambs this week 16.50-17.50 with choice fed wooled lambs mostly 18.50-18.75, feeders acarce; good and choice slaughter ewes salable 6. 50-7.00. CHICAGO LIVESTOCK CHICAGO i.fl Butchera and sowa gained arouna 25 cents Thursday as salable receipts at 9.000 head fell 3,000 under the ad vance estimate. Most 190 to 270 pound butchers moved at 511.76 to 112.25 with a few lots at $12.50 and two short decks at $12.76, the top. Butchers acallng 280 to 320 pounds sold, at $11.25 to $11.75. Top on steers was $20.00. Most choice kinds sold at $17.00 to $19.50. Good and choice heifers brought $15.00 to $17.26. Wooled lambs held steady, good to, prime, types selling at $19.50 to $21.25. Other salable receipts were 3,000 cattle, 800 calves and 1.50O sheep SAN FRANCISCO (UF-FSMNS) Livestock: Cattle salable 26. Supply insuf ficient' to test market. Calves' salable none. Hogs salable 150. Supply Insuffi cient to test market. Few head U.S. No. 2 , 202 lb butchers 26c higher than Wednesday at 14. Sheep salable 60. Market not es' tabllshed. GRAINS PORTLAND GRAIN PORTLAND 11 Coarse grains, 15-day shipment, bulk, coast deliv ery: Oaks No. 2, 38 lb white 63.00 54.00: Barley No. 2. 45 lb B. W. 47.50. Corn No. 2, E. Y. shipment 62.50. Wheat (bidi to arrive market, basis No. 1 bulk, delivered const,: Soft While 2.20; Soft' White (ex. eluding rtex) 3.20; White Club 3.20. Hard Red Winter: Ordinary 2.20. Car receipts: Wheat 28; bailey 3; flour 5; corn 15; mill feed 6. CHICAGO ('.RAIN CHICAGO (fi Most grains end' ed higher after another active. er ratio and nervous market on the Board of Trade Thursday. In wheat the old crop months were quite firm throughout the day. But new cron months were persistently weak, refloating doubts about the auccess of efforts to restore high price support lev els. Feed grains showed t better tone than in several days. Wheat closed ', lower to ' high er, Marcn a.n: com yry, higher, March 1.28; oats a,-H, higher. March 6Wi-ti; rye lower to 'i higher, March 1301b; soybeans 1 1,-31, higher, March 2.67-3.67'i and lard 3 to 8 cents a hundred pounds lower, March 11.87. n lit at Open High Low Close 3.19 i 2.20 2.18 2.19 2.15 i 2.16 3.14 , 3.15 , 1.98 i 1.99 1.96 J. 1.98 2.00 ti 2.01 1.99 1.99 ti 2.03 ?i 3.04 'i 2.02 ',, 2.03 Mar May Jly Sep Dec POTATOES Br THE ASSOCIATED TRESS Potato markets as reported Thursday by the U. S. Department of Agriculture s Portland olllce: Sixteen cities; Arrivals 314, on track 1,016, shipments 183, North ern Calif. 1. Central Calif. 3, Idaho 241. Ore. 16. Wash. 9. fDAHO FALLS "Market dull. Russets No. 1A 10-20 per cent 10 or and larger 2.60-2.10, 20-30 per cent in or. ana larger 2.80-2.90, 30 per rent 10 or. and larger 2.90-3.00. SAN FRANCISCO Street sales market dull, Klamath Russels No. 1A 3 In. 4.25-4.60, Deschutes 4 25. Idaho 4.50-4.75. IOS ANOELES Market about steady, carlot sales, Idaho Russeta No. 1A 3.50-3.65. CHICAGO POTATOIIS CHICAGO i.fi Potatoes: Arrl vals old atock 58: on track 116: total U.S. shipments 174: about steady. Carlo! track sales, old stock: Idaho Russet $4.00-4. 36. utilities $3.10-3.15; Minnesota-North Dakota Pontlacs washed and wax ed $3.90. WOOL MARKET NEW YOU V ItlPl Vnn Inn futures on Ihe New York Cotton Exchange today opened unchanged 10 io points lower. Opening prices lollow: March 151.0 bid- Mav l.Us hlri .1nl isi a bid: Oct. l.M a hlri- rw' l.s-l'n hM- March (I9.V7 186.5 bid; May 155.5 Din; juiy two bid. Wool futures ortnrf a ntint lower to 1 point higher; March 127 0 bid; May 128.0 bid; Julv 128 0 bid; Oct. 128 0 traded- Dec. 121.0 bid: March U957I 126.0 bid; May 1360 bid; July 124 0 bid. NEW CHAIRMAN MONTEVIDEO. Uruituav. Alberto Zubtrta, a 54-year-old law ycr. TtiurarUy bgan a yar in office as chairman of Ur'utuay's nine -member National Government Council. The Job la a figurehead presidency. Safe Stealing Case Heard ' Two youths, one a deserter from the United Slates Army who said be had not been paid by Uncle Sam tor three years, faced Cir cuit Judge David R. Vandenberg Tnuraday after pleading guilty to stealing a sale containing $1,380. One of the burglars, Billy Joe Mattox, 20, waa sentenced to six months in the county jail after Judge Vandenberg heard a plea for leniency from Defense Attor ney Edwin E. Drlscoll. The other accused thief Don Burwell, 24, who waa without coun sel, admitted to the court that he twice deserted from the Army and was AWOL at the time of his ar rest In Redding, California, for the Klamath Falls burglarv. Asked why he deserted from the Army. Burwe)! said: "Well, your honor, it waa this way. I served three years with the Army, most of the time overseas. I didn't get any pay all tht time. There was some mlxup. I had to borrow money from mv folks. So I got disgusted and left." Judge Vandenberg ordered Bur well held In the county Jail until his storv can be checked with Army officials. Attorney Drlscoll told the court the two defendants were intoxi cated and did not have possession of their normal mental faculties last month when ihev bro'-.e Inti the Drumstick Tavern and made olf with the safe. "After they were arrested in Redding." Drlscoll added, "they returned most of the stolen money and coopers d fully with the offi cers from Klamath County." Weather Table By THE ASSOCIATED PRESS U hours to 4:30 a. m. Thursday Max. Mln. Prep. Baker 44 31 Bend 41 30 Boise '47 35 .05 Eugene 47 41 .01 Klamath Falls .19 35 Lakevlew' 40 .10 .02 Medford 52 40 T Newport 47 42 .43 North Bend 49 42 .15 Pendleton 47 38 T Portland Airport 43 42 .01 Ro-ieburg 62 40 .01 Salem 47 41 .02 Spokane 39 31 Uy UNITED PRESS Temperatures and rainfall for 24 hours ending at 4:30 a.m. Hl?h Low Rain Albuquerque 62 41 Atlanta 55 33 Bakersfleld . 64 40 Boston 29 20 Brownsville 77 68 Chicago 46 36 Denver 58 33 Detroit 33 27 El Ccntro 77 - 48 Fairbanks -16 -48 Fresno . 61 38 Helena 44 31 Kansas City (i9 64 Los Angeles 64 48 Miami 116 62 Minneapolis . 39 31 .... New Orleans 64 42 .... New York , 35 26 ! ... Oakland 68 43 Oklahoma City 70 61 Phoenix 70 47 Pittsburgh 32 ID Red Bluff 58 40 Salt Lake City 48 28 San Diego 63 46 San Francisco 66 45 . . Seattle 43 38 .18 Stockton 59 38 Thermal 76 52 Tucson 69 47 Washington 40 26 Yuma 77 46 Oregon Weather Eastern Oregon Considerable cloudiness through Friday with scattered light showers, mostly in the north. Rising temperatures. Highs Friday 42-44; low Thursday night 25-35. Western Oreson Considerable cloudiness and showers through Friday. Rising temperatures. High Friday 46-60; low Thursday nlRht 35-45. Coastal winds southwesterly 15-25 miles an hour with stronger gusts. Orants Pass and vicinity van- able cloudiness with a few light showers through Friday. Highs Friday 48-53; low Thursday night 38-43. Baker and vicinity A few light showers . through Friday. Lows Thursday night 28-33; high Friday 40-45. California Weather By UNITED TRESS San Francisco Bay Region: Fair touay. tonight and Friday; little change In temperature; high today San Francisco, Oakland. San Ma teo and San Ralael 51-63; low to night 31-43: gentle winds becoming westerly 10-15 mph In alteration. Northern California: Fair today, tonight and Friday except variable cloudiness anV e chance of- ram near Oregon to..'r; little change In temperature; coastal winds west or northwest 10-18 mph except southwest 10-18 mph Eureka north ward. Sierra Nevada: Fair today, to night and Friday; little change in temperature. Sacramento Valley: Fair today, tonight and Friday except patches of morning fog: little change In temperature; high both days 58 64; low tonight 31-40: gentle winds. Northwestern California: Fair today, tonight and Friday except vai table cloudiness extreme north and chance ol occasional light rain Areata northward: little change In temperature: high today and low tonight Napa 63-34. Santa Rosa 60-30. Uktah 59-31: coastal winds west of northwest 10-18 mph except southwest 10-18 mph Eureka northward at times. Give "MOM' treat DINE TONIGHT AT BING'S 3660 So. 6th TOWN A COUNTRY fferurtaf fin Food Rtaionablt Fricci Serial AtttnNea Gln T The KiMlaat HERALD AND NEWS, KLAMATH 'a, Vw ' , ' faff. TWO CROWNS are waiting for the winner! in the annual Sweetheart Ball competition among the four daises of the Be nenxa High School. The dance, sponsored by the Parents end Patrons will be held in the high school gymnaiium, Saturday night, March 3. Dancing will be to Morgan end McOoneld's orchestra. The public is cordially invited. Contestants for the king and queen are above, left, Carol Evans and, right, Art Meeker of the senior class; lower left, Virginia Burk and right, Robert Lee. Annual Firemen's Ball Scheduled MERRILL The 49th Annual Firemen's Ball, sponsored bv the Merrill Volunteer Fire Department is scneauicd lor Saturday, March 3. In the community hall. Music will be furnished by Baldy's Band for dancing from 10 p.m. to 2 a.m. Proceeds from the dance will go for additional equipment needed by the fire department. Paul Knox, vice president, is general chair man for the dance. Rich Indian Weds In Reno PORTLAND Ml Harold F. Thornton, 55-year-old Indian once defrauded of his tin .be Hands but who subsequently became rich, is married now. He lives at Medford with his bride, the former Mrs. Ruby Hu ber, r widow with daughters aged 18 and 19. They were married at Reno Feb. 18. The timberiands owned by'Thorn- ton and Jasper Grant on the south ern Oregon coast were sold for a fraction of Ihclr worth several years ago. Three men were con victed of fraud, and the land re claimed for the Indians. Subsequently Thornton and Grant shared in a $1,175,000 sale of the timberlnnd. Thornton's half of the proceeds has gone into trust. He draws a substantial monthly allowance. Fine Completes Monroe Hassle BEVERLY HILLS. Calif. W A Vr3 fine has satisfied the case of the people vs. Marilyn Monroe DiMnggio. Demurely dressed in a black. high-necked dress, the actress plenned guilty yestcrdsy to a 1954 traffic fine, Issued when she was still uslnir the name of her ex- husband, Yankee Clipper Jce Di- Mamtio. Mls Monroe raid $5 on a charge ol driving without a license and 650 for falling to appear on the ticket and a bench warrant. Then she enst her blue eyes down ward as Municipal Judge Charles J. Griffith lectured: "Laws are made for all of us . . . whether our name happens to be Miss Monrco or not." In a small voice. Miss Monroe explained she couldn't appear earlier because she was In New York acting. Judge Griffith snapped: "Well, this kind of acting won't bring you an Oscar." Flood Relief Money Sought ROSEBURG f.fl The Douglas County Court seeks $220,048.53 in federal emergency flood relief funds for damages In the winter storms. Floyd Freer, county engineer, said earlier rains tended to "loos en thintta up" to the point where the ram of Feb. 19-22 were disas trous. Heavy surface runoff wash ed out many road repairs made earlier. February dttmHite lo roads was estimated at H20.000. Total road and bridge da ma fie this winter was more than $270. 000. but $50,000 was taken from the county emergency fund for re pairs. No replacement will be asked from the federal government. SUPERVISOR WANTED UP TO S500 MONTHLY CAN START SPARE TIME kali, raf urv apl. uttti. alt. 4ttJ kjr tvtrvaaa. Nalltaal msaafarlarffr ii AAA-1 rtftranras tll l ranllt tntliTldliali U rW Mail aaint In I a It araa. Thart I na stlllug as alt arraaMs art st rirrt la lampant, feat aran t(-lt1 mml t raaaM af a rating andjfr n tafrvhUa and) rmitl Ural- This la a Uaalt vtir raaadj thai wMl tlarl Mtlna tram Ik first wta andj taaaldj gla ym (fatly llfa-timt raaaal ftaiintu. On I? si net r a ttllaalt aaaala wtH Ktrad. Ta ajahr ;a snatt aa.a ear, rafarfnrta aad f MM eat crt b? marckaaa'Ut and able ta aaval aparai. art. wait la start. Far inlar Ilni tir. adJdjraia aa ahaat rmmatr la Olaat DtlU Carp. MI4g. 4: n. Third St.. l.t AagaUi JS, t altf. FALLS, OREGON Heart Attack Takes Rancher TULELAKE Alvln Baxter Keet er, 50. Tulelake rancher and resi dent here for 15 years, died fol lowing a heart attack at the fam ily home on February 28. He was a native of Yellvllle, Arkan sas. Mr. Keeter had been In ill health for several weeks and had re turned to work with a potato crew only the day before his deatti. Survivors Include the widow. Mrs. Mabel Keeter of Tulelake and three brothers, Olan of Ma dras, Oregon; Francis and Gilbert Keeter, Yellvllle. Arkansas. A sis ter died several weeks ago. Funeral services will take place from the chapel of Ward's Klam ath Funeral Home on Friday. March 2 at 2:30 p.m. with Evan gelist Pierce Adams officiating. Final rites and vault commitment will be In Klamath Memorial Park. On The Record KLAMATH COI-NTT MARRIAGE MCfcKSB CHUTCRTIKLD-LUPSR Cuthrl Bryant Crulchfleld. 21. Klmth Fails, and Beverly Sue Luptr, IT, Klamath Falls. XLAHATR roUiNTT SUITS Van B. Emission vs. State Indus trial Accident Commission, suit to force reopep'ng of claim nroceedlngs. Attor neys for plaintiff, Anderson. Franklin and Landye. Court Records KI-4MATH FALL 8 MUNICIPAL COURT Vilner Gvn.ird Jr.. failure to obitrve stop itn, S3 forfeited. GtiMldine Charles, drunk, $23 or 121 days. Joseph N. Cox. drunk. $25 or 12t da vs. Donald Hutton, no resistration visible. 1.1 forfeited Winona Moore, failure to yield rlfht of way to vehicle. $10 suspended. Marvin Murray, no registration vls- IDle, s.t lorffHea. Bernard Salasar. drunk. $25 or 12" i days. KLAMATH COUNTY DISTRICT COURT Odean Williams, no vehicle license. $7.30 paid. Christopher Anderson Holder Jr.. vio lation haslc rule. S7.SO oatd. Frank Charles Blatt. no operator's li cence. Jio hail forfeited. Modesto Win ton Jimenez, violation basic rule. SiO Daid. Stephen Henry Birk, no vthlcla, li cense, paid. Chester Loyd Lyngnlet, violation basic rule. $!30 bail forfeited. Clarence Coleman Greenitreet. viola tion ban c rule. S8.M) bail forfeited. Ray Leo McBridt, violation basic rule. $13 30 paid. Emit Emmanuel Albrecht. failinf to siop ai siop sign, paia. CORRECTION! The Salt Prict en the 1.7 HOTPOINT REFRIGERATOR In Tht Swan Lake Ad On Poqt 30 Today Should It $229" Wt'ro Sorry tor th Error SWAN LAKE MOULDING COMPANY 3226 S. 6 Call 31. Xhris Bean' Play Slated . . . , Inr "The Late Christopher Bean," a nliv kv fttrinev Howard, will be presented by the Oretecn Players in the Oregon Technical Institute theater on Wednesday and Thurs day, juarcn I ana itnu vu,v, time at 8:15 p.m. Howard will be remembered for his other olavs "Thev Knew Wha'. They Wanted," "The Sliver Cord," "Ned MecobO'S uaugnicr, i "Lucky Sam McCarver." and oth er notable American state plays. j , , . Tha nowaro laiu uie x;cuc w vt Late. Christopher Beau" In Newl Jngiana. n aepicts uie aoiamK iuc. Shop sears fashions Friday Nite ROEBUCK AND CO. V fashion , JiMy tap jMtel1 in sears annual value event ! jUl i yjfojgr dazzling spring .fs2i&j dress fashions in two special groups arvC1 The leason'i favorile jilhouelles ! V v O'WX' . ...jacket drees, sheath., long f 1 ' JlX v jflll , ' torso, princ... and full-skirted ,.; ' ' 2 EC ,:AKV vK , 1 , . styles ... in silk and rayon ' ' l ) l 1 I 1 I " , blend,, Dacron', acela.es, ' I ' A Jr);f , ' ' y rayons and new-texlured '''A f7 lF ' ' I ' ' 1 1' ' I ff Styles designed lo please jvM fM AX 'H' ti everyone... in a wonderful JFm : R v. mfeA i j array of printed cottons, ' lM: f '"I V ( J woven cotton plaids, linen-look MS ' M-M fcfef-fk , rayons and many other f ; f f " " t ' fi j f flua,i,y 'abr'"' A ,ainbow ' :' 'V '"'' ' J Buftnl't fl,.il.r l.b.r exceptional valuesl spring headliners Straw braids, straw cloths, hats completely covered with flower petals... thesi art new spring wonders i tht dreamiest shapes of tht season) At this price you'll surely want severall USE SEARS CREDIT PURCHASE COUPON IOOKS tSeyfrrtr i h. oirl Abbv for her departed , of the girl AM. h,s 4spir. lover ana uer "'Set will be on sole i U Extension 55 during the hours oi t .m. to 5 p.m. RUG STOLEN A 10 by 12 foot Hi tle from the residence of O. a Mat hews while it waa hanging outside .,. .u nn1.ee re- la ary, MBumm r ported today. The theft occurred Tuesday afternoon. SfrlRS S" THURSDAY. MARCH 1, 1958 Spurious Check Passer Caught ALTURAS The sheriff's office reports that James Elder, wanted here on charges of cashing spurious checks, was apprehended earlier this week at Reno. Elder waived extradition and is being returned to Alturas. Elder signed the name of J. p Comrie to both bogus checks, the sheriff's office reported. APPROVIB. &T.JOSIBU O V ukM AfiDIBIM . I . T -"" ma CHiniiitMjJfeDOCTOBt man any tthv feutft 1 " 'til 9 P.M.