Herald and news. (Klamath Falls, Or.) 1942-current, March 28, 1956, Image 4

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Herald and news., March 28, 1956, Page 4, Image 4

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Newspaper Page TextPAGE FOUR HERALD AND NEWS. KLAMATH FALLS. OREGON "'KDNESDAY. MARCH 28. 1956 MARKETS AND FINANCE STOCKS WALL STREET NEW YORK I The stock market moved Irregularly through' out the session Wednesday, but In the late afternoon there was a sliahtly higher tendency. Prices ranged from around 3 points higher to 2 points lower, There weren't very many large sainers. Trading slowed as prices backed away from their best and came to an estimated 2.350,000 shares lor the day. That compares with J. (40,000 shares traded Tuesday when the market was lower. NKW YORK STOCKS By Till? ASSOCIATED I'ltKRS Admiral Corporation 19 V Allied Chemical 121 Vi Allis Chalmers 72 Aluminum Co. America 106 ' American Airlines 24 American Motors 7 American Tel. 4i Tel. 183 7 American Tobacco 77 Vi Anaconda Copper 80 V, Atchison Railroad 160 Bethlehem Steel 163 Boeing Airplane Co. 81 3,t Borg Warner 49 Burroughs Adding Mach. 379 California Packing 44 Canadian Pacific 35 Caterpillar Tractor 67 Celanese Corporation 19 'i Chrysler Corporation 76 i Cities Service 67 ,t Consolidated Edison 48 , Curllss Wright 31 ', Douglas Aircraft 84 du Pont de Nemours 228 Eastman Kodak 86 'i Emerson Radio 11 3 Ford Motor 60 'i General Electric 63 General Foods 92 General Motors 47 Vi Georgia Pac Plywood 46 ', Goodyear Tire 72 '2 Homestake Mining Co. 37 'A International Harvester 36 International Paper 130 34 Johns Manvllle 60 Kaiser Aluminum 45 Vi Kennecott Copper 136 Vt Llbby, McNeill 17 a, Lockheed Aircraft 47 V, Lowe's Incorporated 22 Long Bell A 76 i, Montgomery Ward 90 ?i New York Central 43 Northern Pacific 87 V, Pacific. Oas & Electrlo 63 Pacific Tel. tt Tel. 139 Penney (J.C.) Co. 96 t Pennsylvania R.R. 24 3i Pepsi Cola Co. 23 Phllco Radio 33 Puget Bound PiL 27 Radio Corporation 48 Vi Rayonler Incorp. 40 Republic Steel 48 3; Reynolds Metals 59 Richfield Oil 80 Va Safeway 8tores Inc. 54 Scott Paper Co. 72 i Sears Roebuck tt Co. 33 H Sinclair Oil 64 V2 Socony-Vacuum Oil 72 3 Bouthern Pacific 66 ' Standard Oil Calif 103 Standard Oil N.J. 59 Btudebaker Pr ckard 8 Bunshine Mining 8 Bwlft it Company 47 Transamerlca Corp. so Vi Twentieth Century Fox 26 Union Oil Comoanv 61 K Union Pacific 184 V4 United Airlines 43 United Aircraft 72 ' United Corporation 7 United Stales Plywood 46 United Slates Steel 48 J Warner Pictures 20 ' Western Union Tel 20 V, westtnRhouse Air Brake 32 WestlnRhouse Electric 69 ' Woolworth Company 48 V LIVESTOCK PORTLAND LIVESTOCK salable 500: market active, fully steady; long load mostly choice 1.093 !b fed steers 20.25; load low choice 966 lbs 19.75; load good with some choice 979 lbs 19 00;, scattered lots commercial - guuu steers 16 00-18.00; light utility steers down to 12.00; few choice 877 lb ted heifers 19.00; load 791 lb good-choice heifers 18.50; short nnnri with RMlie ChoiCB SrOUhd 650 lbs 18.00; light cutler-ulillty heifers 9 00-12 OU; canner tuuci cows mostly 8OO-10.00. few 10.50; hells downwarn 10 w. umn-j. cows 11 00-12.50; few commercial grades 13.00 14 00; utility bulls 14.50-15.75; light cutter bulls down to 11 50. Calves salable 50; good-choice 1 oiooriu. hulk of auuDly cull -utility calves and vcalers; these wean to t oo iuwci . ui"- vealers 25.00-28.00; one at 28 50; ?ood grades, 20 00 - 24.00; utility 7.00-12.00. Hogs salable 300; market active. .for,, in 9 rnl hlKh- er; sows steady; assorted lots U. S NO. 1-2 l&U-ZM 0 uniiun-i and (jilts 16.00-75. largely 16.25 up; , hh.r. I5r,n- lew 250-270 lb 'weights 14.75; 150 lb No. 1 butchers 15.00; sows 340-490 lbs 11.00-13.00. . , choon Kninhle 200: sunolv In cludes first spring lambs this sea son general iiihircv .no,lv- lO.hpflrl lot 65 lb snring iambs ' 24.00 on Easter specialty; small lot mostly choice No. 1 pelt ;avatwino OA lh 18.75' Scat tered sales good-choice slauxhter rambs 17.00-50; good-choice feed ers sal-.ble around 15.00-50; good choice ewes listed 6.6O-6.60. CHICAGO LIVESTOCK nutr-Arm 4i Butcher hogs sold steady to as much as 25 cents higher Wednesday annougn . me top price was down 15 ccnta from the previous session. Most 190 to 280 pound butchers sold at 114.50 to $15.00 and 290 to 325 pounders at $14.00 U 114.- 50. Sows held steady at $11.00 to $13-60- , . . Steers and neirers jumpeo. io 75 cents In an active trade. D,ma tipKm Knlii from $23.50 to in nn Mnd nhnlre ftteers went at $19.50 to $21.50 and good at $17.26 to $19.00. Prime neners toppea ai Good to prime wooiea isiiiua went at $19.00 to $20.50. Calahla rar-0in Ufrn 0.000 hOffS. 10.000 cattle, 200 calves and 1,500 sheep. SAN FRANCISCO (UP-FSMNS) Livestock: Cattle salable none: Calves salable none. unr,m ainhiA 2.v Riinolv malnlv butchers. Clean-up trade moderate ly active, butchers tuny sieaay with Tuesday. Few small lots tnl1 emria II. H. NO. 1 to 3 180- 240 lb butchers 16.25. Other classes scarce. BheeD salable 50. insuiucicnt to test market. POTATOES By THE ASSOCIATED PRESS The potato market Wednesday as reported by the Department of Agriculture: Sixteen cities: 315 cars arrived; 1.513 cars on track. Shipments 844: Northern Calif. 6. Central Calif. 5, Idaho 365, Oregon 19, Washington 10. IDAHO FALLS Market about steady; Russcta No. 1, 10-20 per cent 10 os and larger, 3.40-50: 20 30 per cent 10 o and larger, 3.50 60: 30 per cent 10 oi and larger, 3.60-70. SAN FRANCISCO Street sales about steady; Klamath Rus sets No. 1-A. 2 Inch, 4.60-95; Idaho 4 50; Deschutes No. 1, 6 oj, 4.35 40. LOS ANGELES Carlot sales: Idaho Rus-scts No. 1-A, 3 85-4.00. CHICAGO tm Potatoes: Arriv als 59; on track 254; total U.S. shipments 820; market unsettled. Carlot track sales, old stock: Ida ho Russets $4 60-4.85. utilities $4 00, bakers $5.50. WOOL MARKET NEW YORK (UP) Wool top futures on the New York Cotton Exchange today opened unchanged to two points lower. Opening prices follow: Mny 154 t oin, juiy v.tjs dici: Oct. 154 0 bid Dec. 153 0 bid; March (19571 152 1 bid: May 1518 bid: July 151 0 bid Wool futures opened uiu-hnuueri io six points lower: May 123 9 bid- Jiity 133 a bid; Oct. 124 0 bid; Dec 123 4 bid; March (1957) 122 5 bid May 121 6 bid; July 1210 bid. Potato Shipments SEASONS 14-83 $5-51 I)allTrurk Ore. 11 7 Dally HallOr 13 5 Dally'TnickCallf. 4 9 Dally Hall lallf. II 4 Daily Total ORE. CALIF. II J9 Monthly Total 19t tit Season's Total CMS $465 t 1 Don't Negltet Slipping FALSE TEETH Do CiIm ieth drop, flip or wobbi hp you uik. ai, iuih or me!? Hon I b nnovKl nt1 embarrma it ,I!rh h"ndl"P. FA8TKKTH. n alkaline (non-actdt powder to nrln kl on your plitn. kocpa rl titb liior flrml art, OIvm conrtdr'nt 1L 1n of irruflir nd addM comfort. mo ummy, toot?, nutty taito or fU Int. oet rASl'UTH todar at au rut coumtr. Klamath River Group Tries To Redraft Interstate Pact The Joint drafting committee of the California and Oregon Klam ath River commissions in a iwo day meeting Monday and Tuesday attempted to redraft the proposed Interstate compact on the use of water of the Upper Klamath Basin to meet objections raised by var ious federal agencies. Nelson Reed, chairman of the Oregon commission, aaid that the drafting committee also attempted to retain the basic principles of the original draft. The committee decided that the GRAINS CHICAGO GRAIN . CHICAQO M'l Dust storms In the winter wheat belt created a demand for new crop wheat fu tures on the Board of Trade Wednesday. While new crop wheat was up around a cent most of the day, other grains were unable to make any forcward progress. Deal ings were fairly active In all pits. Wheat opened strong ana then ran Into a selling squall which pushed all futures under the pre vious close. This was loliowed by a slow upward climb which got prices back to the opening late In the day. Selling largely represented profit-taking, plus a belief the new farm bill will run Into a presi dential veto unless It Is sharply modified from Its present status. Wheat closed , lower to higher. May 2.26 3i-sii, corn lower to higher, May 1.40-1.39-n. oats unchanged to lower, May 64 Vt. rye V4 lower'lo ' j high er. May 1.31 3i, soybeans iA to 1 cent lower. May 2.67-2.66 and hundred pounds higher, May 12.42. WHEAT Open HIkIi l.nw Close 2.27 U 2.27 2,25 2.26 2.03 2 08 ', 2 06 ', 2.08 2.11 2.11 a 2.01) ' 2.10 3.15 2.15 2.12 ia 2.14 '4 2 .16 2 .18 2 .15 3 .17 V, Housewife Ordered Held Mrs. Marian Martin. 42-year-old Klamath Marsh housewife, was or dered held lor the grand jury Wednesday on a robbery charge after a preliminary hearing be fore District Judge D. E. Van Vector. Her bail was set at 2.000. Under questioning by Deputy District Attorney P. K. Puckett. Archie Wimer, 61-year-old truck driver, testified that Mrs. Martin held him up near Fort Klamath and robbed him of $7U in casn. Wimer said he was ridimr in an automobile with Mrs. Martin Just before he was robbed. "She stopped the car about two miles north of Klamath Agency," he ?aid. "She told me to get out of the car. As I was standing by the automobile, she ordered me to put up my hands. I did. Then she took my wallet and told me to move on." Deputy Sheriff Alvie Yount?blood, who arrested Mrs. Martin a short time after the alleged robbery, testified that the defendant made a statement in his presence ad mitting the robbery but said she only took $2 from Wimer. Defense Attorney Glenn D. Ram irez cross-examined Wimer and Ynungblood but did not offer any testimony in behalf of his client. In lieu of bail, Mrs. Martin was remanded to the county Jail. California Weather By UNITED PRESS Northern California: Fair through Thursday except cloudiness ex treme north; a little rain near Oregon border tonight; local coast al fog- tonight and Thursday morn ing; little change In temperature; west to northwest wind 10-20 mph near coast except variable 10-20 mph extreme north. Northwestern Caluorn.a: Mostly fair through Thursday but cloudi ness extreme north; & little rain near Oregon border tonight; local coastal fog tonight and Thursday morning; slightly cooler inland Thursday; high today and low to night Napa 70-44, Santa Rosa 70 43. Ukuth 69-44; west to northwest wind 10-20 mph near coast except variable 10-20 mph extreme north. legal representatives of both states and the federal government should prepare a new draft, based on the discussion here, which would be submitted to the joint drafting committee at a meeting on ApU 30 in Klamath Falls. The legal representatives are Adolph Moskowitz, legal counsel for the California commission, Howard Stlnson, legal consultant of the Oregon commission, and Ken Davis, legal consultant for Federal Mediator Frank A. Banks. After drafting committee action on April 30, there will be a meet ing of the commissions on May 1. OBJECTIONS TOLD The rewriting of the draft .be came necessary to satisfy the ob jections of several federal agencies, especially the Bureau of the Budg et, the Justice Department, the Federal Power Commission and the Fish and Wildlife Service, Reed said. At a recent meeting in Wash ington, D.C., attended by represen tatives of both commissions, fed eral officials raised several ques tions regarding certain provisions of the compact draft. In general. Reed said, the federal objections concerned the legal Interpretation of the terms of the proposed com pact as they might affect the jurisdiction of various federal agen cies in the Upper Klamath River Basin, "It is the earnest desire of both the California and Oregon com missions to clear up as many ob jections to the compact as possible before it Is submitted to the Cali fornia and Oregon legislatures this winter, and, as soon as passed by them, to the United States Con gress," Reed said. All of these agencies, and t h e President, must approve the com pact before it goes Into effect. HEARINGS SET The schedule of public hearings for the compact was also released today by Reed. They will be held In Klamath Falls on May 14, in Yreka on May 15, in Weaverville on May 16 and in Eureka on May 18. Meanwhile, Reed said, copies of the new draft will be submitted to the various interested federal agencies, and that meetings will be held with them in June. Californians attending the meet ings were Bert A. Phillips, chair man; James Steirns, vice chair man; Leslie Jepson. assistant state engineer; Robert Bond, executive assistant, and Moskowitz. Oregonians present were Reed; James Kerns, vice chairman; George Stevenson, commissioner; Lewis Stanley, state engineer, and Stinson. The Oregon representatives at the Washington meeting were Ste venson, Slinson and Stanley. Baker 42 23 Bend 63 34 BoiiC 46 27 Eugene 58 39 Klamath Falls 40 20 Lakeview 44 25 Med.'ord bd 32 Newport 51 40 North Bend 52 40 Pendleton 52 34 Portland Airport 62 45 Salem 54 40 Spokane 46 29 May Jiy Sep Dec Mar PORTLAND GRAIN POR1 LAND iff Course grains. 15-day shipment, bulk, coast de livery: Oats No. 2, 38 lb white M. 50-56. 00. Barley No. 2. 46 lb B. W. 50 00 Corn No. 2, E. Y. htp- ment 66 00. No wheat transactions Car receipts: Wheat 3; barley 1; flour 6; corn 4; oats 1; mill feed 3. ONLY AIRLINE SERVICE TO NORTH BEND COOS BAY $9.90 nut tax Scheduled Local Service Oregon Weather Western Oregon Showers and periods of partial clearing Wed nesday night and Thursday except only partly cloudy in extreme southern interior. A little warmer. Highs 55-65 except 50-55 on coast and over northern interior. Lows Wednesday night 40-56. Coastal winds southeasterly to southwest erly. 15-30 miles an hour with gusts to 35 on northern coast. Winds on southern coast 10-20 through Thursday. Eastern Oregon -r Considerable high cloudiness and warmer through Thursday. Highs 48-60. Lows Wednesday night 22-32. Northern Oregon beaches Mostly cloudy with occasional rain and periods of partial clear ing through Thursday. Southerly to southwesterly winds. 15-35 miles an hour. Temperature range 45-55. Grants Pass and vicinity Mostly cloudy Wednesday night and Thursday with few light showers and periods of partial clenring. Highs 55-60. Lows Wed nesday night 38-43. FVNERAL SERVICES ALTUR AS Funeral services were held Monday for Harry Char ley Allen who died here Friday night. Interment in the Alturas In dian cemetery followed. He was employed on the Chrlstensen ranch in Likely for many years before moving to Alturas. survivors in clude two daughters, Yvonne Al len and Mrs. Lorraine Kelley, both of Alturas. Death Takes B.T.McKimens Bnyard Taylor McKlmens, 69. resident of Klamath Falls since 1906 and brand Inspector for Klam ath County, died at the family home, 2150 Orchard Avenue March 27. His death followed a lingering illness. McKimens was born at West moreland, Kansas. After coming to Klamath County he farmed for many years. He was married Sep tember 25. 1912 In this city to Trena McCormlck. He was a veteran of World War I. serving in the Army, was a member of the American Legion, of Klamath Falls Lodge. No. 1247 BPOElks and of Klamath Falls Lodge, No. 77 A.F.&A.M. Mr. McKimens served under Lt Col. Dwight D. Elsenhower tank corps officer, who signed his dis charge on December 5. 1918 at Fort Dix, New Jersey. Surviving are his widow, Mrs. Trena McKimens. Klamath Falls; a niece, Sharon McCormlck, who mnkes her home with Mr. and Mrs. McKimens, numerous other nieces and nephews; sisters, Mrs. Martha Warner. San Francisco; Mrs. Gertrude Boon, Wheeler, Ore gon; Mrs. Ella Letson and Mrs. Eula McHendry, Mihvaukie, Ore gon and Mrs. Louise Bryant, Sher wood. Oregon; brothers. Frank, central point, Oregon; Alton, Red mond. Oregon; Harlan, Everett, Washington and Ralph McKimens. Murphy, California. Funeral services will be held from 0Halr's Memorial Chapel at I p.m. Friday. March 30. Crema tion In Medford will follow. Weather Table By THE ASSOCIATED PRESS Zt baura to 4:30 a. m. Wedaeadaj Bv I'MTED PRESS Temperatures and rainfall for 24 hours ending at 4:30 a m. High Low Rain T. Albuouerque 60 29 Atlanta 76 67 Bakcrsfield 67 43 Boston 42 24 Brownsville 82 68 Chicago 47 38 Denver 53 29 Detroit 41 29 El Centra 83 51 Fairbanks 36 10 Fresno 66 42 Helena 38 22 Kansas City 81 41 Los Angeles 76 57 Miami 74 66 Minneapolis 36 27 New Orleans 78 59 New York 45 28 Oakland 68 48 Oklahoma City 83 43 Phoenix 84 52 Pittsburgh 49 32 Red Bluff 68 46 Salt Lake City 42 13 San Dieco . 69 51 San Francisco 64 50 Seattle 50 41 Stockton 67 40 Thermal 87, 53 Tucson 83 46 Washington 58 36 Yuma 85 58 Good Friday Rites To Be Held A Good Friday Union Service will be held Friday, March 30 at St. Paul's Episcopal Church from Shasta Jaycee launched rtrilweulCT. a charter pre-' vice president. R. M. Kennicort of MOUNT SHASTA-A charter PJ;Redding( a palional director of u ioo Persons officially i U.S. Junior chamber, presented th, iw perauna rhnrter and Leo Mornuri : at sentauon mure than more man ,m, ; 8i laiinrkrl the MOUT.l u xn11- .l . , noon to 3 p.m.-me aerv.ee will moV, of Commerce Saturday ; "r th. ,.t be based on the "Seven Words; tt st. Anthonys Parisn , terraii " -w- r t m, i.ninn .r. ! .. I grUUll. From the Cross." The union wor ship hours are being sponsorea oy the Klamath County Council of Churches. The Rev. Galen Onstad. host pas tor, will preiide. Assisting will be the Rev. D. L. Proett. pastor of Peace Memorial Presbyterian Church, the Rev. M. A. McKinnie, Congregational Church; the Rev. William Ainley, Mt. Lakl Com munity Church; the Rev. Dallas McNeill. First Methodist: the Rev. James V. Overdorff, First Pres byterian and the Rev. Edward Lan der, Community Church of the Brethren. Hall. Gold .03 .04 Sunshine Melts Crater Snowfall Warm sunshine at Crater Lake National Park Tuesday melted the snow slightly and formed a top crust, making skiing "just fair," according to the rangers' report today. Maximum temperature Tuesday was 36; minimum last night, 8 and temperature at 8 a.m. today was 21 degrees. Five inches of new snow fell Monday night but there was no new snow last night. Total snow depth is 165 inches compared with 96 inches on this date last year. All roads in the park are open and chains are not required. There was a high overcast with scattered clouds this morning, but weather was pleasant, rangers saia. Rotary Club Hears Rancher CEDAR VILLE Erin Forrest of the XL Ranch told members of the Cedarville Rotary Club last week of the problems which will con front the Indians of California if the proposed legislation to termi nate Indian aid is passed. He explained that, while the In dians want their freedom In the fu ture, it is something which should not be done in a short period of time as is the present plan. He pointed out that the Indians are not at this time ready to be self supporting and that such a pro gram will work a hardship on both whites and Indians. Forrest has been carrying the tight for the Indians for the last several years. BARBEK HELD William Wesley Hampton, 65 year - r,ld Klamath Falls barber, was held in the county Jail Wednes day on a charge of driving while Intoxicated. He was arrested Tues day night by state police. Hampton was scheduled to be arraigned late Wednesday before District Judge D. E. Van Vactor. of Redwood C 1 1 , atate 1 u n I o . n.ji-. iovrpe Izzy Frank wiisoa .-'h.r. chairman of the ?Jr m Bill Eowte Mount Shasta! chambers program advisory com- m i The state charter was mittee. traced the expansion ol p."!iS Novelo ofltaycees since. the organisation wM Reddmg lunior chamber I started in .. USED BICYCLES . We Hove Good USEDBICYCLES In Several Sizes and Weiqhts Your Schwinn Agency POOLE'S 222 So. 7th Ph. 5520 CORRECTION Drews Adv. on the Town and Country Page Tuesday (yesterday) should have read as follows: DREWS' SPECIAL FOR THE GRAND OPENING Men'i Long Sleeve SPORT SHIRTS O UNCONDITIONALLY GUARANTEED WASHABLE! Beautiful Dan River COTTONS By Hollycraft On Sale WED. THURS. FRI. $2 SMALL MEDIUM LARGE EXTRA LARGE Phone 4334 Why wait? Buy your carpeting NOW $sm$s$ssm$s$s$$$msmmmm$$$ssm$s the happy 00 ; answer... to your money needs.. . P F QUESTION: How can I pay-up my bills and rduc my monthly payment! at tha sam timt? HAPPY ANSWER; Tell your money needs Io Pacific Finance Tha manager can give you good financial advice, can often re duce your monthly payments by as much at Yi, while paying off your bills, and can olttn give you ilra cash besides 510 $147.60 S10 5184.80 21 309.96 21 381 08 36 J3I.36 21 498.96 67 988 92 54 997 92 CzJ L. 121 So. Other amouatt up t $2,500 or mora the happy answer. si a DIVISION OF tiCIMC iimitt PACIFICJNDUSTMAL J&M4 A. "Woodj" WOODARD, Mgr. 9th Klamath Falls Phone 8128 M . my Enjoy the Luxury, the Beauty of BIGEL0W BEAlIVAISBroadloom . . . While You Pay for It! Smart folks the country over are doing tf buying hand some Bigelow carpeting this easy, practical way. ENJOY it while you pay for it! Bigelow broadloom transforms your entire home ... en hances the appearance of your furniture . . , makes your house a home. Eigclow's Bcanvais. is woven of thick, long-wearing wool. PYRAMID the stunning new abstract design shown here, leads the popular trend to self-tone textures. You can buy enough Beauvais PYRAMID for three average-tlzt rooms for only LINOLEUM nn If If - . . 7 TILE VVt r . HE LARGEST 5TOC Of QUALITY 1J7 EAST MAIN STREET tIOd IN CARPETS BLINDS TWE KLAMATH 8ASIN (Per Month) USE OUR EASY PAYMENT PLAN Nothing Down -36 Mos. to Poy TtLEHONt foj I