PAGE FOUR
MARKETS AND FINANCE
STOCKS
WALL STRKET
NEW YORK The slock mark
rt backed down under profit-uk
lug Wednesday with trading at
a lively clip.
Although the general trend o
the market was lower, a number of
individual issues made good ad
vances under the influence ol cor
porate developments.
Losses went Irom 1 to around 3
points rather frequently. Gains us
ually were little greater than a
point at the outside.
Trading came to an estimated
three million shares. That com
pares with 2.960.000 shares traded
in Tuesday's market when prices
on average hit another record high
mark. NEW YORK STOC
By THE ASSOC MTU)
Admiral Corporation
Allied Chemical
Allis Chalmers
Aluminum Co. America
American Airlines
American Motors
American Tel. k Tel.
American Tobacco
Anaconda Copper
Atchison Railroad
Bethlehem Steel
Boping Airplane Co.
Borg Warner
Burrouchs Adding Mach.
Canadian Pacific
Caterpillar Tractor
Celanese Corporation
Chrysler Corporation
Cities service
Consolidated Edison
Crown Zellerbach
Curtis Wripht
Douglrs Aircraft
lu Pont de Nemours
Eastman Kodak
Emerson Radio
Ford Motor
General Electric
General Foods
General Motors
Georgia Pac Plywood
Ooodyear Tire
Homestake Mining Co.
International Harvester
International Paper
Johns Manville
Kaiser Aluminum
Kenneott Copper
Libby. McNeill
Lockheed Aircraft
Lowe's Incorporated
Long Bell A
Montgomery Ward
ew York Central
Northern Pacific
Pacific Gas & Electrlo
Pacific Tel. fc Tel.
Penney 1JC.1 Co.
Pennsylvania R. R.
Pepsi Cola Co.
Phllco Radio
Puget Sound P It L
Rndio Corporation
Rayonier lncorp.
Rayonler Incotp. pfd
Republic steel
Reynolds Metals
Richfield Oil
Safeway stores Inc.
ficott Paper Co.
Sears Roebuck tt Co.
Sinclair Oil
Sorony
Southern Pacific
Stanclnrd Oil Calif
(Standard Oil N.J.
fittidebnker Packard -'
Hwlft & company
Twentieth Century Fox
Union Oil Company
Unioi Pacific
United Airlines
United Corporation
United States Plywood
United States steel
Warner Pictures
WestlnRhouse Air Brake
Westlnghouse Electric
Woolworth Company
KS
I'll ESS
19 ;j
119 J4
73 3,
101
25
7
184 l
77 34
S 'J ,
159
1J
76 '
48 34
36 'a
35 S.
68
18 l '.
88 S
64 ,
49
68 5.
30 J4
83
vn ':,
85 Jj
11 7
60 i..
M l4
92 ',
47 i,
41
70 .
37
37 J,
130
51 U
43 4
142 '2
16 '
47 3,
23 2
79
91 n
43
83 '4
52 3.
19
97 2
24 V
22 1,
34
26 'i
49 34
38 "n
35 K
68
75 U
53 j
73 3,
34 i',
62
71 -U
67
1)8 'A
. 68 i h
47 '
25 ,
59
185
43 V,
7
46 'i,
58 S
20 ,
32
63
50
GRAINS
CHICAGO GRAIN
CHICAOn ifl Grains he'd
within rather narow price lim
its on the Bourd ol Trade Wednes
day, lacking any incentive for an
Kressive buying or si'lhii. Trading
proceeded at a listless pace.
Prices firmed early, led by May
wheat. It hit a new seasonal hiKh.
Later the market dulled lower,
most (mures falllnir below the pre
vious close. Price firmed again
late In the day.
Wheat closed '-3 ', hlsher. May
2 24 V3). corn ',-ij lower, Mnv
1 38 1,-1.38. oats i hlulier. May
BVi. rye ',-'2 higher. May
1 28. soybeans 1 to 2 cents hiclier.
May 2 64 i4-i2 and lard 2 cents
lower to 5 cents a hundred pounds
higher, May 12 22.
urn: at
Open HUh Low (lose
May 2 23 2 25 2.22:1, 2.24 ',
Jly 2 00 2 00 i 1.98 j 3 00 a.
Sop 2.02 ' , 2.02 2 01 2 02 '4
Dec 2 05 2 06 2 05 2 06 ,
I'OHTI.AM) fillAIN
PORTLAND 1.41 Coarse grains.
LS-day shipment, bulk, coast de
livery: Oats No. 2. 38 lb white
53 50-55 00 Bnrlev No. 2. 45 lb B
W, 4ii.'0 Coin No. 3. E. Y. shin
llU'lit 66 25.
Wheat: No. bids or offers.
Car receipts: Wheat 3. barley
3; Hour 4; mill feed 7.
Skies Overcast
At Crater Lake
Skies weir overcast and a light,
southerly wind was blowing this
niorriin: at Crater Lake National
Park, according to a report from
the ranker slalion.
Tuesday's maximum tempein
tine was an degrees; minimum
laM night. 27. and at 8 a.m. todav
it was 33 iligrees.
Highway 6J through the paik Is
in good condition mosilv bare 'Hie
road from Annie Springs to the
run is open, with snow tread tiles
advised lor travel from park head
quarters to tne run.
Snow depth is lii2 Inchrt com
pared with m on this date last year
and 213 inches in 1'JM.
FALSE TEETH
That Loosen
Need Not Embarrass
Msny wrsrrrs of ft Is trrth h9
tirtrmt ril m!hnrrawnrnt britiiw
iifir plate livp'(l. ipr-1 or wob
tlrl Kt lust t'i wroiiK time. Do not
1IV4 m f,r of tills hspjirniiii; M you
Jjul Minnklr A little F AM KKTH. th
alkulliie uiin-rid) po-tr. on tnir
plates H"ld fnls trrth more flrmlT.
vi tliey li-el tmne. conifnrtnltl.
linl uMir CIierkA "p!me our" den
ture Drrnthl. tiet KAilbhiH ftt an
druc counter.
LIVESTOCK
PORTLAND LIVESTOCK
PORTLAND USDA Cattle
salable 450, mai kr active; fed
steers fully steady; fed heifers
sironff: cows now steady-strong.
Instances 50 cents to 1.00 higher
on commercial kinds; bulls f u 1 ! v
Fieady; truck lots chice 1028 lb
fi'd ateer 20 00; small lots also
10i!8 lb 19.75; few oilier lots choice
steors 19 60: good steers mostly
17.50-19.00; few commercial-utility
offerings 11.50-17 00. ore lot choice.
850 lb frd heifers 18 65; load 796 lb
18 50, sorted four head at 17 00;
one lot good 770 lb heifers 17 40;
few utility - commercial mostlv
11.00-15.50, canner - cutter cows
largely 8 00 - 10 00; utility cows
10 50-12 50; with commercial 13.00
14 00; Including one load potato
fed cows at latter price; few utility-commercial
bulls 13 50-16.25;
light cutters down to 11.50.
' Calves salable 50: market ac
tive, fully steady; choice vealers
I 25 00 - 28.00; good grades 20 00
' 24 00; cull calves and vealers
; down to 7 50.
j Hogs salable 300; market fairly
active, fully steady; sorted lots
No. 1 and 2 180-235 lbs barrows
and gilts 16.00-50; mixed lots No.
2 and 3 butchers mostly 15.50-75;
250-270 lb No. 3 butchers 14.00-75;
sows 300-500 lbs 10 00-13.00.
Sheep salable 150; market not
established on limited offering
wooled lambs; lew shorn sa les
steady; one lot mostly choice fed
lhmbs carrying No. 3 pelts 17 00;
small lot choice No. 1 pelt lambs
18.25; feeders scarce but demand
very narrow; ewes scarce.
SAN FRANCISCO (UP-FSMNSl
Livestock:
Cattle salable 25. Supply insuf
ficient to fully lest market. Few
canner to low-utility cows 10 50-
11.60, shelly canners downward to
5.
Calves salable none.
Hogs salable 100. supply mainly
butchers. Moderately active, butch
ers fully s.eady with Tuesday.
Mixed grade lots U.S. No. 1 to 3
180-240 lb butchers 15.25. Other
classes scarce.
Sheep salable 100. supply main
ly slaughter lambs. Moderately
active, old cron slaughter lambs
about steady. One lot choice 102
lb old crop slaughter lambs with
fall shorn and full wooled pelts
16.25. Other classes scarce.
CHICAGO LIVESTOCK
CHICAGO iP) Butcher hogs
gauied 25 to 35 cents Wednesday,
an 85 head lot selling at $14.35.
Tills was the best price for hogs
since Feb. 3.
Most 190 to 270 pound butchers
were taken at $13.50 to $14.00.
Butchers scaling- 280 to 330 pounds
sold at $12.75 to $13.50 and 340
to 375 pounds at $12.25 to $12.75.
Top on prime steers was $25.00,
set by one load. Choice and prime
sold at $21.00 to $25.00 while most
choice kinds brought $18 25 to $20.-
50. A few loads of choice and
prime hellers brought $18.75 to
$19.50.
Good to prime wooled lambs
moved at $10.50 to $21.25.
Salable receipts were 8.000 hogs.
13.000 cattle, 300 calves and 1.500
sheep.
POTATOES
By THE ASSOCIATED PRESS
Hie Wednesday potato market
reported by the U. S. Department
of Agriculture:
Sixteen cities, arrivals 416: on
track 1.194; shipments 89C: North
ern Calif. 9. Central Calif. 1. Ida
ho 326, Oregon 18, Washington 7.
IDAHO FALLS Market about
steady; Russets No. 1, 10-20 per
cent 10 oz and larger 3.15-3.30;
20-30 per cent 10 oz and larger
3 30-3 .45 ; 30 per cent 10 os and
larger 3 50-3 60.
SAN FRANCISCO Street
sales, market about steady; Klam
ath Russets No. 1-A, 2 in, 4 40
4.50 LOS ANOELFS Carlot sales,
market firm; Idaho Russets No.
1-A. 3.7M .85; Central Oregon 4.25.
CHICAGO I Potatoes: Ar
rivals old stock 76; on track 260;
total U.S. shipments 896; Hound
Reds firm to slightly stronger.
Carlot track sales, old stock: Ida
ho Russets $4.90, utilities $3 90.
baled in 10 lb sacks $5 40-5 55;
Minnesota-North Dakota Pontine
$4 90-5 10 washed and waxed. $4 40
unwashed.
A(i71 t
v y1 "tissssss::!::::::::;;;:::;:::;
FOR LIMITED TIME!
XBX lW M
FOE
mm
STUDIO
PHONE 4526
1037 MAIN ST.
Weather Table
B THE ASSOCIATED PRESS
2 noun lo 4:3 a. m. Uednnday
Mas. Min. Prep.
Biker . 54 37 .04!
Bend 52 32 T I
! Bol'e 58 43 I
' F.ugcne 51 44 .ijl
Klamath Falls 55 34 -
Lareview 53 3U
Medford 57 3o
Newport 53 48 .88
I Nrlh Brnd 56 50 .13
' Pendleton 54 42 .02
Portland Airport 47 44 .48
Rnseburg 55 36 .07
Salem 50 46 .38
Spokane 4 35 .06
By I'NITKD PRKSS
Temperatures and rainfall for 24
hours ending at 4:?0 a.m.
Hi?h Low Rain
Albuquerque 64 39
Atlanta 49 32
Bakersfield 70 48
Boston 35 24
rhlcago 45 28
Denver 53 32
Detroit 36 27 .
Fairbanks 35 15
Helena 51 28
Kansas City 51 37 .17
Los Angeles 71 54
Miami 65 44
Minneapolis 41 34 .
New Orleans 56 39
New York 39 29
Oakland 63
Oklahoma City 55 41 .02
Phoenix 80 50
Pittsburgh 37 16
Red Bluff 92 45
Salt Lake City 57 35
San Diego 66
San Francisco 60 48
Seattle 45 43 .44
Stockton 70 42
Thermal 89 52
Tucson 77 45
Washington 41 29
Yuma 87 51
California Weather
By UNITED PRESS
San Francisco Bay Region:
Mostly fair today and tonight,
cloudy Thursday; slightly cooler
Thursday; high today San Fran
cisco 60. Oakland 64. San Mateo
66. San Rafael 66: low tonight 42
50; southwest winds 8-16 mph in
afternoons.
Northern California: Cloudy
north portion, occasional rain
Uklah and Redding northward this
afternoon and tonight and a few
showers Thursday; fair Central
California today, tonight and
Thursday; cooler north interior
Thursday; coastal winds southerly
20-35 mph Cape Mendocino north
ward, southerly 10-20 mph Cape
Mendocino to Point Reyes and
variable 8-18 mph south of Point
Reyes.
Sierra Nevada: Mostly fair to
day, tonight and Thursday but oc
casional cloudiness north portion
tonight and Thursday: light rain
and a few snow flurries extreme
north Thursday; cooler north por
tion Thursday.
Musician Given j
Probation Term
Osvaldo Magallanes, 27-year-old
musician, who disrobed in front of
Uie headlights of his automobile on
Highway 97 near Midland, was
placed on two years probation
Wednesday by District Judge D. E.
Van Vactor. He had previously
pleaded guilty to a charge of in
decent exposure.
The defendant admitted to the
court he had been drinking at a
local club shortly before his ar
rest. State police took Magallanes
Into custody on complaint of mo
torists who saw him standing nude
in Uie highway.
Annual Spring
Mncirr!i Cat
DUNSMUIR A 51-otcce band
and a 23-voicc chorus will be fea
tured at the annual Spring Musi
cale given by Dunsmuir High
School on Thursday evening,
March 22, at the elementary school
auditorium.
Band numbers will be new publi
cations of special band pieces ac
cording to Wayne Turner, direc
tor. Two concert marches are on
the program, old favorites wiil be
sung by the chorus, als-o under
Turner's directions.
Proceeds ol the evening will be
used to finance Canyoneer activi
ties. This organization Is composed
of Dunsmuir's young musicians.
TMIT
0
IIKHALD AND NEWS. KLAMATH FALLS. OTtEGOV
t
(71? A
-,. ' ,fr ,
: '.' .' "" ::...0l-V ;.::
f v ..... --... ,t .1 ... A i , , v-i n'n 11 1 11 11 Ann
ROAD AND STREET PROBLEMS of the state are being studied by these members of the Legis
lative Interim Committee on Roads which met in Klamath Falls Tuesday noon. The legislators
are, left to right, Senator Walter Lefh, Repres3ntative Fred Meek, Representative Robert
Elfstrom and Representative E. A. Littrell.
Klamath Street Problems
Aired At
Sol v Inn suburban area street
problems on a local level was urged
by State Representative . A. Lit
trell. Medford, at a Klamath Falls
hearing of the Legislative Interim
Committee on Roads held Tuesday
noon in the Pelican Cafe. j
Tne urgent need for legislative ,
action to help solve fringe area 1
road problems in Klamath Ccumy '
was the main topic of the local
public hearing. County officials
ana residents or tne soutn subur -
ban area stressed that present
state lows concerning the iise of.
county road Itmds are at present
mucn too oincmg.
County CommisMoner Jerry
Rai-
nus cited the prevailing bad con
dition of the roads in the south
suburban area which are not in
cluded in the county's road system.
State laws now prevent the use of
county funds on streets or roads not
included in the county's system.
NKW LAW
The legislative committee was
asked by Rajnus to consider a law
which would allow the county
court o use five per cent of its!
road funds on maintenance of
putlic roads or streets as the court'
saw fit.
Three residents of the area. Vor -
land Huff. Joe Suliivan and Jack
Evans, affirmed Rajnus' state
ments on the bad condition of the
streets and asked the legislators
for some relief of the problem.
They described the condition of
the streets and said that they
became so impassable in winter
that the delivery of mail, milk and
the mobility of other essential serv-
ices such as fire fighting are bad -
fire fighting are bud -
ly hampered by the lack of ade-
quate streets.
FI'NDS USE
RntniiR Kniri tht a lull' ollnwinw
the county to use five per cent
of its road funds as the county
court saw lit would give Klamath
County about $40,000 to $50,000 an
nually to maintain public roads in
the county that are not a part of
the present county road system.
These funds could be used in the
various unincorporated towns of
the county as well as in the Klam-
GEORGE RIFF DIES
George Larry Ruff. 63, native of
Moffitt Creek, California, died in
Chiloquin March 19. He had been
a resident of Klamath County for
24 years, survivors include a broth
er and son, both of Yreka, Cali
fornia. Funeral services will be
held at Yreka, with the Gtrdner
Funeral Home in charge. Ward's
Klamath Funeral Home in charge
of local arrangements.
soft as a poodle
. and tice ai jrruii
tl padded vamp toe
for the
'Gal-on-the-Go!-
ANo v.ill h ovailob't
won in Whitt and
Whin Sond
VAN ORMAN'S
S27 Main
nterim
ath
fringe areas, Rajnus in-
I dieated.
Sen. Walter C. Leth, Monmouth.
su'jsested that any law allowing
the county courts lo use the road
funds at their discretion should not
oe fixed at any set percentage. He
recommended that the funds be
tied lo the tux base of the various
counties which would allow a more
flexible arrangement for the county
courts.
- bkttFR PLANNING
i Better county planning and zon-
ins regulations would preclude:
, many of the street problems now
uor
Talk Given
Len Surles presided over the
short business meeting March 20
of Peterson School Parents and
Patrons he!d at the school.
Mr. ?nd Mrs. Clark Good, chair-
mnn of the successful Mardi Gras
i put on oy tne school as a lund
; raiding project, were presented
with a gilt in recognition of their
work
Third grade teachers, Mrs. P.
Ttylor, Mrs. E. Pappenlus and
Mrs. J. Toole, pref-enled their stu
dents in a son? and dance number
from a Mexican Fiesta. Special
numbers were presented by Cathy
Yanraus and Jane; Denhr.m.
D w. J
' spoke on 'fl
J. Dean, local dentist,
! spoke on 'fluoridation." A question
an" answer period conducted by
Mrs. Len Surles followed his talk
The room count was won by
! Mrs. F. TBVlOr S SPPOnd irrflflfl
I Third grade room mothers served
; refreshments,
Driving Cass
Appeal Heard
Hearing an appeal from a dis
trict court conviction of Guy Bar
ton. Klamath Basin rancher, for
driving while intoxicated, opened
Wednesday morning before ClP
cuit Judge David R. Vandenberg.
Barton was found guilty last
May by a Jury in District Judge
D. E. Van Vactor's court. Judge
Van Vactor sentenced Barton to
30 days, in the county Jail and im
posed a S250 fine.
Subsequently, Defense Attorney
Ben Goddard filed notice of appeal.
Rnrtnn u-n. nrrp.ctpri hv ctntA nn-
I ' j - w i
I lice.
Poodle Vamp
smart caressing attention
at your feet
Bloiie: Red, block,
potent, blue, avoca
do. Sum to I0!i
11"
HOt
MKilill HilN to IM l'On-th'Gol
at advtrlistd in
KeariR
existing. Senator Leth said. He
also asked for more factual infor
mation on the actual needs of the
county.
Rep. Robert L. Elfstrom. Salem,
vice chairman of the committee,
indicated the commttee would pre
pare legislation for presentation to
the next legislature which will al
low the county courts freer use of
their road funds. This would allow
greater local autonomy to the
counties in solving their problems
on a local level as urged by Rep.
Littrell.
STATE PARKS
The proposal to organize a sep
arate state park department was
opposed at the meeting by A. D.
Collier. The park department
now a part of the state highway
department. The change is one of
the subjects the committee is study
ing. Collier cited the outstanding Job
the highway department has done
in maintaining the state parks and
said he believed a separate park
department would mean too much
duplication and added cost to the
taxpayers.
Rep. Elfstrom said a special
committee of 12 appointed by the
governor is studying the park pro
posal and that the road committee
will pass on any recommendations
to trmt tody.
AITIIORIZKD
The Interim committee on roads
was authorized by the last legis
lature to study road problems,
farm truck license laws, the or
ganization of a separate state park
department, the transfer of the
state weighmaster's office from
the highway department to the
state police, nr.d allied problems.
Members of the committee at
the Klamath Falls hearlntr were
vice chairman Rep. Elfstrom, Rep.
Littrell, Sen. Leth and Rep. Fred
Meek, Portland. They will meet
in Lakeview. Burns, and other
Eastern Oiegon cities in the next
few days. ,
Klamrith officials at the hearing
included: Rep. E. A. Geary. Sen.
Harry Boivin. Rep. Henry Semon".
county commissioners Jerry Raj
nus and Ed Cowen and Mayor
Paul Landry.
We Do Hemstitching
Yarns THREADS 2 for?
Art-Needlework
412 Main
Why not give your SAVINGS
a chance to pay your UTILITY BILLS ?
From the investment of die amounts shown below, the $1.60
per share dividend currently being paid by The California
Oregon Power Company on its common stock would pay
you annually approximately the amounts shown:
Amount Invested
$1,000
2,500
5,000
We own and
common stock
Rre Destroys
Keno Hay Barn
Stewart Lennox firemen battled
flames for two hours this morning,
but were unable to save a hay
barn on the Lee Holltday ranch on
the Keno Road.
A fire department sookesman
said that no damage estimate was
avallaole today, but that it was
believed that there, was no ma
chinery stored in the barn.
The alarm waa received at 4
a m., and the bulk of the llremen
were back from the blaze by 6
a.m. However, the asnes continued
to smolder, and llremen will keep
a watch on the ruins until the last
smoldering is over, the spokesman
said.
The only other (ire call in the
24 hour period endicy at 11 a.m.
today was an attic lire at the
residence of E. C. Ravert, 3445 An
derson. Suburban firemen, who
said the alarm was received at
10:02 a.m. said damage was con
fined to the roof near the chim
ney although the attic was filled
with smoke.
Heart Attack
Takes Greeley
Melvin Allen Greeley, 47. native
of Stockridge. Wisconsin, and resi
dent of Klamath County for 40
years, died M3rch 20. He was tak
en ill at his home, ana aeatn ap
parently followed a heart attack.
Surviving are nis wiaow, Mrs.
Elsie Greeley, of Klamath Falls.
and an aunt, Mrs. Herbert Phil
lips of San Mateo, California.
Mr. Greeley grew up in the Hen
ley district and attended grade and
high school mere. He was a logger
and was employed by Ned Put
nam Logging at the time of his
death.
Funeral services will be held
from the chapel of Ward's Klamath
Funeral Home on Friday, March
23, at 10 a.m. The Rev. Dale Hewitt
of the First Presbyterian Church
will officiate. Final rites and In
terment will be in Mt. Laki Ceme
tery. SHIP LAUNCHED
KOBE. Japan Iffi Japan's
biggest ship, the 32,800-ton tanker, j
Taiho Maru, was launched here
Wednesday. Due for completion in
July, it will transport oil from the
Middle East to Japan.
World's favorite
half-gallon
So-o-o
EASY
to pour!
Even a SMALL CHILD
can EASILY carry A
FULL GALLON or
POUR from one unit of
the conveniently divided
TWIN
LOOK for th
POLKADOT
TWIN PAK.
Cum IIAnillp.il l.k.
IlilL- PHONE j
(QUPOpi 5101 I
Annual Dividend
' $ 48.00
120.00
240.00
can offer, subject to prior sale, shares of
of The California Oregon Power Company.
Pul your savings fo work today . . . tall us collect at
CAPITOL 8-3322 . . . PORTLAND, OREGON
Blyth&Co.Jnc.
?W PACIFIC BUIlCINft, iTdtlWtAND, OREGON
WEDNESDAY, MARCH 21. 19;
Oregon Wecrher
Western Oregon ContinuM
rain likely Thursday afternn
Continued mild but slighUy cooler
in coastal areas Wednesday nijht
Highs 48-54. Lows Wednesday
night 40-46. Coastal winds south,
erly to southeasterly, shifting w
southwesterly.
Eastern Oregon Scattered
showers Wednesday night and
partly sunny Thursday. Little
change in temperatures. Lows
Wednesday night 36-44. Highs
inursaay 10-00.
uranis rass ana vicinity A
little rain late Wednesday night
and early Thursday. Partly cloudy
Thursday afternoon. Highs 50-ss
Thursday. Lows Wednesday night
38-43.
Baker and vicinity Mostly
cloudy through Thursday with few
snow iiurries over mountains
Lows Wednesday night 32-37. High
inursaay tf-oj.
-Jt
-it-.
i
You'll Find The Largest
Stock Of Sport
Coats 1
we ve Ever t a r r I e d, In
cluding Many Beautiful
Splash Patterns. In Styles
To Fit Men Of All Builds.
PRICED...
24"t.50
00
DON'S
6th and Main
We Give 9C
Green Stamps
GUESS and WIN
Men's and Ladies
SAMSONITE CASE
f
T