PAGE 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
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Smart folks the country over are doing tf buying hand
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hances the appearance of your furniture . . , makes your
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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