i
PAGE FOUR
HERALD AND NEWS. KLAMATH FALLS. OREGON
TUESDAY. MARCH 6, 1958
MARKETS AND FINANCE
STOCKS
WALL STREET
NEW YORK OP War tensions
In the Middle East created a
mixed stock market Tuesday.
Trading In the late afternoon wae
relatively quiet.
Losses ran to between 1 and 3
points while gains usually were do
larger than a point,
- Volume came to an estimated
J. 800.000 shares. That compares
with 3.090,000 shares traded Mon
day when the market established
Its second straight new record
high mark.
1STW YOFK STOCKS
By Till; ASSOCIATED I'BESS
Admiral Corporation
Allied Chemical
AHis Chalmera
Aluminum Co. America
American Airlines
American Motors
American Tel t Tel.
American Tobacco
Anaconda Copper
Atchison Railroad
Bethlehem Steel
Boeing Airplane Co.
Borg Warner
Burroughs Adding Mach
California Packing
Canadian Pacific
Caterpillar Tractor
; Celaneso Corporation '
Chrysler Corporation
Cities (Service
Consolidated Edison -Crown
Zellerbach
Curtlss Wi ight
Douglas Aircraft
du Pont de Nemours .
Easlman Kodak
, Emerson Radio
General Electric
1 General Foods
General Motor
. Georgia Pac Plwyood
Goodyear Tire
' Ilomcstake Mining Co.
International Harvester
. International Paper
Johns Manville
Kaleer Aluminum
i Kennecott copper
; Llbby, McNeill
Lockheed Aircraft
Lowe's Incorporated
Long Bell A.
Montgomery Ward
New York Central
Northern pacUlc
Pacific American Fish
' Pacific Gas ti Electric
Pacific Tel. k Tel.
; Penney (J.C.) Co.
Pennsylvania R.R.
Pepsi Cola Co.
Phllco Radio
Ptiget Sound P It L,
Radio Corporation
Rayonler Incorp,
Republic Steel
' Reynolds Metals
Richfield Oil
Bafeway Stores Inc.
Scott Paper Co.
Sears Roebuck & Co.
Sinclair Oil
Bocony-Vacuum Oil
Houthern Pacllic
Standard Oil Calif.
Standard Oil N.J.
Studebaker Packard
Bunshlne Mining
Swift Si Company
Transamerlca Corp.
Twentieth Century Fox
Union Oil Company
Union Pacific
United Airlines
United Aircraft
United Corporation
United States Plywood
United States Steel
Warner pictures
Western Union Tel.
Westlnghouse Air Brake
Westinghouse Electric
Woolworth Company '
18 3;
1H i
69 ,
24 '.,
!4
188
19 'i
18 H
H9 34
153
77 14
47 ' i
33
41 i
34 .
67
20 I,
74
Gl
48 ;
69 ;,
31 :,
84 :,
218 t 'j
83 t
12 Hi
60 Ji
2
45
41
66 n
38 3
38
123
94 !
40
132
16
60',
22 U
62 j
90 '-.
44 3,
78 .
10 t
61
J38 '
99
24
24 '
32 Vi
26 !,
45 i
27 .
46 V
66 -)i
76 ' i
63 Vi
74 '!,
35 I.
63
71 '
60 ,
95 i
158 !',
9 i
10 ',
46",
41 '
2B
69 ,
180 'i
43 T,
70
7
4,
56 ' l
20 ,
22 l.
33 ',
i
48
Court Records
KT.AMATfl FAM.4
MUNICIPAL COURT
John Frtnk Sehtffcr, drunk. $28 or
12't days.
torrtta Kirk, drunk. I2S forfUltd.
Morris" C. ,Boy, drunk, (23 or 12'fc
date,,
Ned Dohirty, drunk, 92S forfaited.
r-oxar u. mriiarfli.
no reiuu-atlon
vlilbla, M forfeited.
Mr. U'lnnhall V- Vnann
winrhtil
Fonlon It tp puUiphar, IMurn.
IS forfeit I,
ntiban Alfrtd ltron, failure to ton
t itnp sisn. SS forfeittd. I
Rex Eiifrne DilUvou. failura to ob
ervo red llajht. to forfaited. I
Row Johnson, failura to stop it stop
aim. S3 fine.
Kattman Kodak Comoany, no rtals
tration vialblt. 3 forfaited. I
liibl. 3 forfeited.
"da'vs W' Crpen,M- drunk. 125 or
l3Vforft,(idimr n riUtr4t,on VliibW.
KI.AMVTH roi'NTT
UIS1HK1 COURT
nobert Arm hit Ymmf. park in on
hlfhw.y, io bail forfeit 1
Snfi;K!Kdher-no
ruftrSoTaS "r4' vi0,t,0n
i.fiobi.rtoa.a"'11
Billv rr.nklln Biblt, mlnr in not
ti7$K.,5'""IM' v""""" '
u",!;rn'n'::is r""- v.hlci.
.X if:,?,-;:""' "-
ttm
Julia R...I. ... -j
h'fhway. l?o or 23't
line; commlltfd.
drunk nn nunlir
! in litu of
Potato Shipmtnrs
SEASONS IW IMI
Dally Trurk Ore. j ,
I)allrltall Ore.. J
bali'r TrurlTt'iil. I j
DaliyRalfCaiIf; 4 i
Bally Total
ORE. CAI.II il i
Siouiliiy total lot a
Season'a Tout 4317 517$
O Newspaper
SPOT ADS
ore inexpensive
repeated dsUj, 7Se
LIVESTOCK
PORTLAND LIVESTOCK
PORTLAND (USDAi Cattle
salable 400: Includes three loads
cows not shown Tuesday: market
active, fully steady with Monday's
general 50 advance: two loads
choice with some good fed steers
18.25-18. 50: top Monday 19.25 for
short load average choice 1005 lb
weights; few good 1013 lb steers
ri. 00; truck lot choice (33 lb neu
ers 17.00: ixi 790 lb 16.00: can.
ner and cutter cows mostly 8.0O
9.50: few 10.00; utility cows 10.50
11.50; few commercial grades
13.00; utility bulls 14.00-15.00.
Calves salable 35: market ac
tive, about steady; choice vealers
around 20.00-30.00; good vealers
21.00-24.00; culls downward to 8.50.
Hogs salable 100; market about
steady on small supply: few early
rales sorted lots U. S. No. 1-3 180
235 lb butchers 14.50-15.25; small
lots 192 lb Tarn worth hogs 15.35:
No. 3 butchers 13.50: sows 300-500
lbs listed at 10.00-12.50.
Sheep salable 100: no full tost
of market; few choice wooled fed
wooled lambs 19.00: good and
choice slaughter lambs salable to
17.00-18.00; one lot good II lb feed
ers Monday 14.00: good and choice
ewes quotable 5.50-7.00.
SAN FRANCISCO (UP-FEMNSl
Livestock:
Cattle salable 50. Supply limited
to dairy type cows. Moderately
active, cows about steady with
Monday, Most utility cows 11-12,
canners and cutters largely 8.50'
10.50. Other classes scarce, good
clearance.
Calves salable 10. Insufficient to
test market.
Ho:js salable 300. Supply mainly
butchera. Moderately active,
butchers 25 c higher than Monday,
'owl and feeder pigs scarce, about
steady. Mixed grade lots U.S. No.
1 to 3 180-240 lb butchers 14, 240
260 lb averages 13.50. Odd head
smooth 270 lb sow 11, 400-550 lb
averages 9-10. Few good and
choice around 40 lb feeder pigs
15.50.
Sheep salable 26. Insufficient to
test market.
CHICAGO LIVESTOCK
CHICAGO Ut-Butcher hogs sold
steady to 25 cents higher Tuesday,
making the gain In early trading.
Final prices were only steady, to
strong. - ,
And 85 head lot of 300 to 210
pound butchers set the lop at
$13.65. Butchers scallre 190 to 260
pounds mostly brought 811.76 to
$12.25, 270 to 340 pounds (11.25 to
$11.76 and 350 to 400 pounds $11,00
to $11.25.
Top on the prime stoers was
$24.50 and on high choice heifers
$18.76. Buyers paid $15.50 to $19.50
tor tne nuik of good to choice
heifers brought $15.26 to $18.76.
Most sales of good to prime
wooled lambs were made at $19.50
tn $.11.00.
Salable receipts were 11,000
hogs, 7.500 cattle, 300 calves and
1,500 sheep.
GRAINS
I'ORTLAND GRAIN
PORTLAND Ml Coarse grains,
16-day shipment, bulk, coast deliv
ery: Oats No. 2. 3t lb white 53.00.
oi. uu. nariey no. a. 45 Jb B. W.
47.50. Corn No. 2, . Y, shipment
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.
Hard Red Winter: Ordinary 2.20.
Car receipts:. Wheat 9: barlev
2; (lour 1; corn 1; mill feed 4.
CHICAGO GRAIN
CHICAGO An early advance
In grains failed to hold on the
Board of Trade Tuesday. Prices
turned Irregular In the afternoon.
wheat succumbed easiest to sell
ing pressure although losses -were
not large. New crop months were
down most as traders felt prospects
of higher government price sup
ports were diminishing.
Feed grains showed little price
change.. Rye tended lower with
wheat.
Wheat closed 3i-l', lower, March
2.18V2.19: corn i, lower to !
higher. March I.Sfla,. 0ats low
er to higher, March 603,; rye
unchanged to 1 cent higher, March
1.32',; soybeans to 2 cents high
er, March 2.60 and lard 2 to $ cents
a hundred pounds higher, March
12.16.
WHEAT
Open l(lb Low Close
2.19 ' 2.21 3.18 a, a.8 t,
2.16 2.17 H 2.16 2.15
1.99 1.09 S 1.97 'i 19$
2.00 2.01 l, 1.99 2.00
2 04 2.05 2.03 , 2.03 'j
Mar
May
Jl.v
Sep
Dec
POTATOES
By Tin: associated trkss
The potato market as reported
Tuesday by the U.S. Department
of Agriculture:
Swicen cities: Arrivals 419; on
track l'JIH- shipments 751- North
ern Calif 10, Central Calif 2, Idaho
217. Oregon 15, Washington 14.
H3A1IO FALLS-Market barely
steady: Russets No. 1 10-2; per
cent 10 os and larger 2.70-2.75;
20-30 per cent Oos and larger
2.75-I.85 : 30 per cent 10 os and
larcer 3 85-2 95.
SAN KRANCl.CO-Street sales:
Market unchanged.
IOS ANOFLVS-Carlot sales:
Market steady; Idaho Russets No.
l-A 3. to-3.es.
C lilt At. O POTATOKS
CIllCAnn m d,.,u..
Aril-
vals old stock 58: on track 316
" " snipmenis 752: steady.
Carlot track sales, old slock: Idaho
Rmsets S4 00-4.25, utilities S3 10. in
10 lb sacks cwt. basis St. 15-6.08:
Ntcntana Russets S4.40; Minnesota
North D.ikou Pontlacs 13 95- W is
coniln Russet Burbanka S2.60-2 95
FALSE TEETH
That Loosen
Need Not Embarrass
.7!S "'L ""rrMimnl bfctu..
bli .1 1 f .'m1"1- "
.... ,! '" " I out
'"'Of thli htiMifmn, tTjou
i. n "! t'ASTltTH lilt
tX.liS L"' "i" ,nTi'.
o thy feel more comferubli. Dai
not lour, rhecwi j,it, M,.r"
Mr. bn-ilhl. OH rASrUTH t UT !
rue couutar. ' 1
Oregon Wheatman Tells
Farm Problem Status
' A full review of the activities
of the Oregon Wheat Commission
was given at a commission meet
ing held Monday in Klamath Falls.
It was the first Wheal Commis
sion meeting held in Klamath
Falls since iLs foundation in 1947
as the result of an act of the Leg
islature. Commissioners said that
although Klamath Falls is not a
wheat center, the meeting was held
here because the commission might
be able to aid non-wheat farmers
In some of their problems.
Also, they said, they were at
tempting to present the program
of the commission to farmers in
all parts of the state so that they
"would know what we are trying
to accomplish with our work."
The commission heard a report
by Jack Smith of Condon, who has
been representing the Oregon
wneat League in wasnington, on
the curent status of farm legis
lation. 8mith said that he could "sum
marise all I have to offer In two
words It's snafued
He said that the idea of domestic
parity on wheat, sometimes called
the "two price system." is gain-
in? support among lawmakers,
and predicted that it would be
passet'.
Under this scheme, a parity
price would be guaranteed for
wheat sold for human consump
tion in the United States, but that
wheat sold for non-human con
sumption, or sold for export out
of the continental United States,
would be support-free. He said that
the support rate for support wheat
would probably be 90 per cent or
a little less.
Smith said that the proposed
"soil bank" scheme has not yet
been sufficiently developed by the
lawmakers to determine what
form It would take, and warned
growers "not to expect any help
thin year" from the plsn.
One of the major places where
n"n-what growers have been aid
ed by the work of a commission
sponsored aienry. Chairman Mar
ion Weatherford said, was through
California Weather
By UNITED PRESS
San Franclico Bav Rlon: Fair
today, tonight and Wednesday;
warmer Wednesday: high todav
San Francisco. Oakland. San Ma
teo and 8an Rafael 62-57: low to
night 37-45; northwest winds 15-3(r
mpn today becoming gentle vari
able tonight and Wednesday.
Northern California: Fair today,
tonight and Wednesday but show
ers likely near Oregon border late
Wednesday; rising temoeratures
north portion today and over most
or area Wednesday; northwest
winds 15-20 mph near coast today
becoming northwest 10-20 mph to
night and Wednesday; windy south
Interior today.
Sierra Nevada: Partly cloudy
south portion today but otherwise
fair today, tonight and Wednesday;
warmer Wednesday; windy today.
Sacramento Valley: Fair today,
tonight and Wednesday; rising
temperatures: high today 65-62,
Wednesday 68-68; low tonight 33
40; northerly winds 10-20 mnh to
day becoming gentle variable to
night and Wednesday,
Northwestern California: Fair to
day, tonight and Wednesday hut
showers likely extreme north por
tion late Wednesday: rlslna tem
peratures; high today and low to-
nlgnt Uklah 54-30, Santa Rosa 60
29. Napa 66-29; small craft warn
ings Cape Mendocino southward
until 11:30 a.m. for northwest
winds 15-30 mph becoming north
west $-19 mph tonight and Wed
nesday.
CONTRACTS
DUNSMUIR Contracts will he
let and work will begin this month
on an enlargement of the Southern
Paclllc freight yards at Alturas.
Tills Is approximately a $140,000
project. Three tracks In the yard
will be extended to accommodate
100 cars each and scales will be
Installed. The new scales will ac
commodate shippers to eastern
points In the Northern California
and Lakevlew, Oregon area. Delay
of lumber shipments for weighing
In Ogden will no longer be necessary.
Just Received 200 More
"A" Grade
MAHOGANY DOORS
2-0x6-8 1 38" $6.00
2-4x6-8 138" $7.15
2-6x6-8 1 38" $7.20
2- 8 x 6-8 1 38" $7.55
3- 0x6-8 1 38" $7.95
3-0x6-8 134" $10.50
These Are "Top Quality"
Doors And May Be The Last
At These Prices
GET YOURS NOW!
VYkCollum Lumber
Your One Stop luildino, Supply Center
Corner So. 6th i East Main Ph. S167
the work of the Pacific Northwest
Grain and Drain Products Assocla.
Hon. wnich. he said, was organised
through the Initiative of the Wheat
Commission.
This group has fought freight
rate increases by the railroads,
and has, by arranging reductions
and delaying or holding down in
creases, saved Oregon wheat grow
ers about $80,C3o per year since
Us foundation, Weatherford said.
He said that the amount equals
about one half cent per bushel, or
the amount of the wheat tax paid
to the commission by growers.
Because rates are for all grains,
rather than for wheat alone, this
saving has been passed on to bar
ley and other grain producers,
Weallierford said.
He added that, due to a volun
tary reduction of grain freight
rates to the eastern seaboard and
the southeast, new markets have
been opened for Pacific Northwest
grain'.
A new commercial product now
available In the Northwest, Ala.
produced by the Fisher Flouring
Mills, made from bulgor wheat
was the topic of a report by Com
missloner Ralph McEwen Jr., who
said that It Is being marketed as
a means of testing public accept
ance, samples of the product,
whlcii McEwen said could be used
as a breakfast cereal, stuffing,
m-et-loaf "stretcher" and several
other uses, were served at the
luncheoi:.
Weatherford also reported on the
development of the Northwest
wheat statistics project, designed
to develop marketing statistics on
wheat grown In the Northwest. He
said that the state of Washington
and the U.S. Department of Ag
riculture are cooperating in the
project, and that a preliminary re
port will be Issued late this year.
Other projects discussed were
the 4-H Cake Baking Contest, the
Western Wheat Quality Laboratory,
the analysis of artificial weather
modification experiments, partici
pation In exhibits, fairs and dis
plays, research on smut, a wheat
dljease. research on the use of
grain derivatives, primarily alco
hol, as motor fuel additives, the
Agricultural Research Foundation,
cattle feeding experiments and the
various public information and
promotional campaigns.
As a market builder, the Com
mission is aiding in the financing
of a program similar to the U.S.
"Home Extension" programs at
the Women's Christian College at
Madras, India. In this program,
according to Commission Admini
strator II. B. Taylor, trained na
tive demonstrators teach village
housewives- how to prepare wheat
foods with native utensils.
Taylor also discussed the Wheat
Commission newspaper promotion
al campaign, which so far has
cost the commission about $23,000.
The commission adopted topics for
luiure aas in tne campaign, de
signed to show the role of wheat
in the state and national economy
as well as to promote more use of
wheat products.
Naturalization
Ceremony Set
A naturalization ceremony
new U.S. cltlrens will be
for
held
Wednesday at 10 a.m. In the cir-
cult court room of the Klamath
County Courthouse.
Circuit Judge David R. Vanden
berg will preside at the ceremony
which Is sponsored by the Dewev
Powell Unit No. 12 of the Disabled
American Veterans. ,
' CORONATION PARADE
PHNOM PENH. Cambodia. WI
Thousands of Cambodians lined the
streets here Tuesday to watch
procession of royal elephants and
military formations in a coronation
parade for King Suramarit and
Queen Kossamak.
FINAL 2 WEEKS
Stock Liquidation Sale
ART - NEEDLEWORK
412 Main
ELINOR HALE is one person who can really ,'it any situation.
Her acrobatic talents are a highlight of the Oregon Journal
Junior show slated for Klamath Falls on March 15. Under the
iponiorihip of the Klamath Falls Moose Lodge, the proceeds
of the show will go toward purchase of instruments for the
Fremont Junior High Band.
Supervisor Plans
Rotary Speech
DUNSMUIR Arthur Barr. Sis
kiyou County supervisor. District
2. will speak at the Rotary Club
luncheon on Wednesday. His sub
ject will be county government.
Rotary projects in the olftag in
clude the annual clean-up sale.
Judge A. A. Smith will be chair
man of this event which will be
held March 31. In April, the Ro
tary Club have Invited foreign stu
dents to be guests In the commun
ity. Cecil McFadden is hospitality
and entertainment chairman for
the visit which has tentatively been
set for April 6, 7 and 8.
STUDENT WIVES
The Oregon Technical Institute
student wives will meet Wednes
day in the recreation hall at OTI
at 7:30 p.m.
Junior Show
Planned Here
Tickets will go on sale tomorrow
at downtown sites for the March
15 appearance In Klamath Falls
of the Oregon Journal Juniors. The
OJJ show is being sponsored here
by the local Moose Lodge, the pro
ceeds to go toward purchasing in
struments for the Fremont Junior
High Band. All instruments will
become the property of the school.
The big show will be held in
Mills auditorium at S p.m. Tick
ets may be purchased in advance
at Miller's, Korenlan's. Penney's
and at both the US National and
First National banks in Klamath
Falls.
he
. he's got
FDCSSIT NAnofi
Duffy Case
Judge Named
Circuit Judge Charles Foster of
Lakeview has been assigned to
Klamath County to preside at hab
eas corpus proceedings involving
Burdette Ochiho, 38. and Zelma
Putt Ochiho. 32. charged with the
first degree murder of Edison Duf
fy. 60-year-old ex-convict.
The supreme court ordered
Judge Foster to handle the action
after Circuit Judge David R. Van
denberg disqualified himself.
The habeas corpus writ was filed
by Attorney Glenn D. Ramlret,
counsel for the alleged slayers.
He claims his clients are Illegally
held in the county Jail because
they were denied a preliminary
bearing.
District Judge D. E. Van Vactor
reiused to set aside waivers of
preliminary hearing by the defen
dants. The habeas corpus action
was started in circuit court before
Judge Van Vactor had a chance
to rule on the defense motion.
Oregon Wecther
Western Oregon Increasing
cloudiness Wednesday with occa
sional rain 'in north, occasionally
mixed with a little snow in morn
ing and few rain showers in south.
A few fog patches in valleys Tues
day nifrht. Slightly warmer with
highs 40-48. Lows Tuesday night
25-35. Increasing southerly winds
Tuesday night and Wednesday, be
coming southerly and 15-25 Wed
nesday morning.
Eastern Oregon Partly cloudy
through Wednesday with a few
showers. Slightly warmer. Highs
40-46 Wednesday. Lows Tuesday
night 10-20 except 25-30 In north.
Grants Pass and Vicinity Fair
through Tuesday night. Increasing
high cloudiness Wednesday. Highs
43-48 Wednesday. Lows Tuesday
night 22-27.
Baker and Vicinity Clearlnz
and colder Tuesday night with low
of 15-20. Increasing cloudiness with
snow flurries Wednesday and highs
33-38.
Give "MOM", treot
DINE TONIGHT AT
BING'S
3660 So. 6th
TOWN & COUNTRY
featuring
Fin Food
Reasonable Prices
Specie! Attention Given To
The Kiddi.it
feels good
money
in the
bank!"
You'll feel good, too, with a savings account
at First National Bank, Oregon's favorite
place to save. Try it. Just set aside a little
each payday, and watch those savings
grow! Remember, there's no substitute
for a bank savings account.
South
OF PORTLAND
71 STAT E WI 0 E 1ANKING OFFICES TO StUVt YOU
Weather Table
Br THE ASSOCIATED PRESS
24 hours to 4:3 a. m. Tuesday
Baker 35 23 T
Bend 30 4 T
Boise 38 28 .04
Eugene 37, 20 .23
Klamath Falls 27 a .04
Lakeview 26 7 .01
Medford 35 24 .25
Newport 40 27 .21
North Bend 41 31 .22
Pendleton 43 28 .01
Portland Airport 36 29 .25
Roseburg 36 19 ,43
Salem " 37 23 .13
Spokane Jj .40
By UNITED PRESS
hours ending at 4:30 a.m.
Hteh Low Rain
Albuquerque 72 40
Atlanta 71 67 T.'
Bakersfield 58 40
Boston 46 35 .01
Chicago 50 40
Denver 64 24 .03
Detroit 45 38 .68
El Centre 80 55
Fairbanks -6 37
Fresno 58 35 .02
Helena S3 14
Kansas City 84 56 Z
Los Angeles 62 52
Miami 77 72
Minneapolis 39 33
New Orleans 82 68
New York 64 43 "
Oakland 50 34
Oklahoma City 87 59 "
Phoenix 78 53 ."
Red Bluff 53 32 .01
Salt Lake City 45 23 .02
San Francisco 53 40
Seattle 39 30 " . !
Stockton 56 33 T.
Thermal 77 5$
Tucson 78 46 . !
Washington 73 51 T.
Yuma 85 51
FIRE CALL
The Klamath Falls Fire Depart
ment, at 5 p.m. Monday, received
a call for a fire In an automobile
parked in the vicinity of the city
library at Fifth and Klamath. How
ever, when the firemen arrived,
the auto had left.
0
ASK FOR
PURE-PAK
BRAND
WIENERS
LUNCH MEATS
TOP QUALITY
Locally Made, from Inipected
Meets Unconditionally
Guaranteed!
At your local food itore
Klamath Foils Rrnnek
6th Str i-n.wW
dank
'If
I