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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Oct. 29, 1956)
'A. PAGE FOUR MARKETS AND FINANCE : STOCKS WALL STREET NEW YORK The stock market marie one of its best sci ences of the month Monday as ' industrials headed the late after " noon rise. ' Pivotal storks went ahead from ' fractions to 1 points or so. Volume lor the day mas estl- mated at around 1 200.000 shares compared with 1.800.000 on Fri - day. Prreidcnt Eisenhower lavor - able medical report was credited by brokers for the market buoy - ancy vjic it was seen as adding is.oo-is.oo: utility heifers .0O to his prospects for reelection, u M. clnner and cutter cows Encouraging business and indus- motlv 7.004.00: beef type 9.50: trial news were other factors meo-'ullljly io.00-U.50: commer- boned- icial cows 11.00-50: utility bulls Bt THE ASSOCIATED PRESS 11 00- 14.00: individual to 14.30: Admiral Corporation 1H Allied Chemical ' Alus Chalmers Aluminum Co. America American Airlines American Can American Cyanamide American Motors American Tel. 4 TeL American Tobacco Anaconda Copper Atchison Railroad Bethlehem Si eel Boeing Airplane Co. Borg Warner Burroughs Adding Mach. California Packing Canadian Pacific Caterpillar Tractor Celanese Corporation Chrysler Corporation Cities Sen ice Consolidated Edison Crown Zellerbaca Curtiss Wright Douglas Aircraft du Pont de Nemours Kastman Kodak Knierson Radio Ford -Motor General Electric General Foods 9i 35 s 41 it 43 ' 33 i, 92 H 14 i 73 60 H 45 i, 53 39 i, t General Motors 47 Georgia Pac Plywood 31 ' Goodyear Tire 80 (4 International Harvester 364 " International Paper 112 Johns Manville 48 "4 : Kaiser Aluminum 64 !i Kennccott Copper 127 Libby. McNeill 14 'i ; Lockheed Aircraft . 52 Loew's Incorporated 19 ?i Long Bell A 70 Mi Montgomery Word 40 ' New York Central ' 39 ' Northern Pacific 98 ',4 1 Pacific American Fisli .13 H ; Pacific Gas & Electric 4D ' Pacific Tel. & Tel. 125 ,i ', Penney (J.C.) Co. ' 87 " , Pennsylvania R.R. 23 'a ' Pepsi Cola Co. 18 H ' Philco Radio 10 "A .; Puget Sound Pll 2 Rudlo Corporation 37 tit V Rayonicr lncorp, 31 ': Republic Steel 53 ',4 Reynolds Metals 88 t Richfield Oil 68 ft Safeway Stores Inc. 65 fit. Regis ' SOU ': Scott Paper Co. 82 Sears Roebuck & Co. 30 '4 i Shell Oil Co. 75 K J Sinclair Oil 59 ' Socony-Vacuum Oil 54 M '; Southern Pacific 48 : Standard Oil Calif 47 ',4 ; Standard Oil N.J. 53 'i Studebaker Packard 5 , Sunshine Mining , 8 ' Swift k Company 42 fi Transamcrica Corp. 37 ; Twentieth Century Fox 23 ' : Union Oil Company 50 "l t Union Pacific 30 United Airlines 39 :, United Aircraft 83 United Corporation 8 "i United States Plywood 36 ! , United States Steel , 68 '4 Warner Pictures '.-,.- 26 Western Union Tel 13 ti GRAINS I PORTLAND GRAIN PORTLAND ifl Coarse grains, IJ-day shipment, bulk, coast deliv ery: Oals No. 2, 38 lb white 54.00 S5.00. Bnrlev No. 2, 45 lb B. W. 48.50-49.00. Corn No. 2. E. Y. ship ment 62.50. Wheat ibid) to arrive market, basis No. 1 bulk, delivered coast: Soft White 2 25: Soft While 'ex cluding Rex i 2.25; While Club 2.25. Hard red winter: Ordinary 2.27: 10 per cent 2.27; 11 per cent 2.27; 12 per cent 2.29. Monday's car receipts: Wheat 136: barley 3: flour 18; corn 5; oats 3: mill feed 11. CANDIDATE NIGHT Officials of the Chllontiin Cham - ber of Commerce announced that a imiiiw i iiur i ttiluiu.iiu IUKI" Mill be held Tuesday ut 8 p.m. in the Chiloquin Elementary School Gymnasium. Each candidate will be allowed a brief period to state qualifications. A large delegation from Klamath Falls Is expected to attend the meeting. A. R. 'Major' Dickson Present Incumbent for Assessor Will Contlnwt Au.il Property, Net IndividueU My Experience Is Valuable TO YOU! Pa AOv.A. X. DlckMl LIVESTOCK PORTLAND LIVESTOCK PORTLAND Lft-iUSDAI-Cattle salable 2,100; short fed steers and heifers very slow, about steady with lasf week's low time; few sales good-choice fed steers strong to 50 higher: cows mostly steady to strong; truck lot average choice fed steers 24.00: load mixed (ood and choice S.7S: other good steers 'largely w.oo-JO.OO: several lots 'standard short fed steers 16.50- iu.jo: utility steers 9.50-14 00; lot good-choice fed heifers 19.50: good , hfers i;.oo-50: few standard heif- light cutter bulls 9 00-11.00. Lalves salable 350; market fully steady: good-choice vealers 17.50 - 104 :i.uu; nign cnoice lo 2Z.su: gooo 23 'i choice slaughter calves 15.50-16.00: good-ehoico stock steer calves at 71 s . 17.00: cull and utility calves 6.00 . 5', 11.50. W Hogs salable 1,650: trade mod 75 erately active: butchers fully 50 75 - lower; sows weak to 50 lower with 10 i most decline on U. S. 1 and 2 166 grades: sorted No. 1 and 2- butch 33 Vers 16.75-17.00. around 250 head at 47 : 17 00: mixed No. 1, 2 and 3 grade 40 ij 16.00-50, mostly below 16.25; sort- ed off .No. 3s 15.50-75; sows 300- 500 lbs 12.00-15.50. Sheep salable 2.100: market aC' live, fully steady with last lion- day: good-choice wooled slaughter lambs 16.00 18.50: several lots 'mostly choice 19.00: utility and low good slaughter lambs 15.00-16.00: good-choice .shorn lambs No. 1 to 87 .fall shorn pelts 17.00-18.50; one 197 'j deck 99 lb mostly choice 19.00: 92 part deck utility and low good 7 ij shorn yearlings 12.00; good-choice 58 ', 75-85 lb feeders scarce. 15.00-17.00: 61 !i!common and medium feeders 11.00 45 1;, and 14.50: cull to good shorn slaughter ewes 2.00-4.50. CHICAGO LIVESTOCK CHICAGO W Butcher hogs tumbled 25 to 50 cents, most of ferings selling at the full decline, on ine nvesiocK marKet Monday. Sows mostly sold 25 cents lower. A limited volume of 260 to 300 pound butchers sold at $14.00 to $14.50. Top was $15.25 for a few selected lots. Steers sold, steady lo 50 cents higher and heifers strong to 50 cents higher. A few prime steers brought S2I.75 to $31.00, the top. nest high choice and prime went at $26.00 to $29.00 and good to average choice'at $19.00 to 525.50. Cows and bulls sold steady to 25 cents higher, commercial cows topping at $13.50 and commercial bulls at $14.00. Lambs gained 25 to 50 cents. Buyers paid $21.50 to $22.50 for most good to prime wooled types A short deck hit $23.00. Salable receipts were 15.000 I hogs, 18.000 cattle, 400 calves and 2,500 sheep. . ., v GRAINS CHICAGO GRAIN CHICAGO ifi Most grains held within a very narrow price ranee on the Board of . Trade Monday. Only exception was soybeans. which weakened toward the close and ran up losses extending to around 2 cents at one time. Feed grains held steady on rela- lively small receipts of cash grain. Wheat drew support as the government announced it would halt cut-rate sales of wheat for milling into flour for export. Wheat closed lower to higher, December 2.34',i-Ii; corn lower to 4 higher, December 1.37: oats U lower to higher, December 80: rye lower, De cember 1.57U-1.57: soybeans 24 lower. .November J.4U4-V4; and lard 15 to 38 cents a hundred pounds higher, November 11.05. WHEAT Open High Low Close Deo Mar May 2.34 2.35 4 2.34 2.34 'l 2.39 '4 2.40 i 2.39 2 39 V, 2.39 2.40 ti 2.39 k S.39 14 ,lly 2.29 't 2.30 2.29 h 2.30 Sep 2.31 ' 2.32 S 2.31 H 2.31 4 PQTAT0FS CHICAGO POTATOES CHICAGO I - Potatoes am- Vals 93i: track 337: total V. S. shipments rriday 372: Saturday , hooting of Richard Fairbanks, lo 2(3: Sunday 5: stightly stronger; cai ranch worker, Arr,ignmeilt daho-Oregon Russets JM-4 15; dale t0 be sct by clrcuU Judge ..t.... ....., ...o- runam nuseis j.nu; Minnesota 'North Dakota Red River Valley1 Pontincs 2.24-2 .45. RE-ELECT . . . Your Present County Commissioner ED GOWEN Rtpubticon Qualified By . . . EXPERIENCE and ABILITY Veteran Native of Klamath County! ti. A. W 14 i"'' 1' Trucks Hit On Highway One person is known to have been seriously injured early Sun day morning when two trailer hauling trucks collided near the ruego Junction on Highway 97. Known to have been seriously hurt was Lester Knott, a passenger in one of the vehicles. The condition of the two truck drivers has not been learned. AU three were tak en to the Bend Hospital for ob servation and treatment. State police reports indicate that the accident occurred when an automobile "spun out" on the icy highway in front of the truck driv en by Curtis R. Farrell of Stockton. Farreli reportedly hit his brakes, after which his trailer jackknifed and slammed into the truck and trailer driven by Bob Gates, ad- 1 dress unknown. The Farrell truck was able to leave under its own power, with the Gates operated machine being a total wreck. Farrell was moving south on the highway at the time of the accident. Lime Burns Hit Players Eight Henley high gridders and five Glendale football players suf fered extensive lime burns in their weekend game on the Glendale field. Henley Principal George Elliott said the burns are Hie result of the field having been lined with unslaked lime instead of the proved lime mixture or gypsum normally used for such purposes. Burned Henley players who will probably not be able to see action Friday night against Eagle Point include Alvin Born, Ron Hardin! Ted Blofsky, Larry Ferguson, Roger Thompson, John Moffitt and Jim Chapman. The most serious ly burned include Hardin, Fergu son and Thompson. The boys are bedridden' and burned to the ex tent of bleeding in some cases. Coach Al Fairchild administered first aid to all the players when stopping over at, Grants Pass on the return trip to Klamath Falls. Some of the players had men tioned feeling a little "itchy" dur ing the latter stages of the game but at the time thought little of it, tuioii said. Late Monday morning Elliott contacted Glendale School officials and was told that it was apparent ly a case of the school having been furnished the wrong lime type. The Glendale officials said they had been buying the lime from the same firm for the past three years, that It has always proven satisfactory, and that in this instance a supply of the un slaked material perhaps became mixed up with the material norm ally used tor Held lining. Visalia Man Shot While Hunting Ray Schanaker, about 31. of Visalia, California was accidental ly shot In the right side Saturday afternoon while hunting near Hack amore, California, according to Modoc County Sheriff Buck Serv er. Alturas. Schanaker and Clarence Butler, 81, of Humboldt County, Califor nia, were hunting near Hnckamore when they saw a deer. Both men fired at Ihe deer with Schanaker's shot killing the animal. Butler's bullet struck Schanaker, stated Sheriff Server. Schanaker was tak en to the Modoc Medical Center. Alturas where he was treated and released. His wound was report ed as minor. 1 Sheriff Server Is investigating the accident. Grand Jury Holds Marine For Assault LAKEVIKW At a meeting of the grand jury here Thursday, October 25, Marine Sergeant Ed- W4r' '0,cPn Murray was indict- ed for assault with a dangerous wcap0n and bail tei at Koao Hc ,as b jn cl,slody since Septem- her 1H in mnn.inn ullh Ih. uinncs li. roster. Throa unpal in.litn,ant ,i-.,n rnnrlnrl at IliA pine nf to-anrl :jury scsson MR. O. I. RACkLEFf CsfmiiU rerw $y "TETEBANS AU TOTDIfi F01 D0D6 McIATBZCAUSI... Aft through his personal and public life McKit has worked bird for veterans. He will do the same in the Senate of the I'nittd Stales. VTe need a man like McKay that other legis latots like and will help. McKay will deliver!" Voti DOUG NcIAT SeuUr (MS HERALD AND NEWS. KLAMATH FALLS. OREGON 0 f "' i A 3C Harold L. Search, 16-year-old son of Mr. and Mrs. Mark Search of 1508 Dayton Street, is on his way to Anchorage, Alaska, whara he will serve as a jet mechanic, after spend ing a ten day delay en route fiara with his parents. Harold enlisted in the Air Force in March of this year and took his basic training at Parks Air Force Base. Mooseheart Program Set A 15 minute broadcast over the Mutual Broadcasting System will, Q be heard in Klamath Falls over ap-lstation KFJI at 8:30 p.m. Wednes- day, October 31 on "Mooseheart Salutes Youth Honor Day." The release here was arranged by Klamath Falls Lodge. Loyal Or der of MooseJ, No. 1106. Time for the broadcast has been donated by MBS to the Supreme Lodge Civic Affairs Department in the interest of the lodge's work with thousands of deserving children The program will be a prcscn- veterans, hui ever since ne nas tation of. music by the 75-piccelmade a determined effort to cut Mooseheart student band, a com-! back veterans' benefits." bined Mooseheart chorus and spir ited all-girt drum and bugle corps and the renowned Child City Symphony Orchestra. The script provides for a- Youth Honor Day salute by the children at Moose heart to all children in America. Bogus Check Charge Laid Ralph Brolherton of K 1 a m a t h Falls was being held in the ,city jail Monday after being arrested over the weekend on suspicion of passing a bogus check at a down, town establishment. i .. Police report that he cashed one check at an eating establishment, leaving a ring as security. He then reportedly went to a nearby firm, bought two more similar type rings, and attempted to cash another check at another business firm. His check was refused and the incident was reported to' po lice. The city police report that when they apprehended the man he had the two rings, had a check in his pocket which was similar to the check cashed at the first business house, and that he told police he did not have valid checking ac counts with any bank. INTERMENT The body of Sam Grubbs who lost his life October 25 in an au tomobile accident near Tulelake will be sent to the Huckaby Fu neral Home. Houston, Texas for final rites and interment. Ward's Klamath Funeral Home is in charge of the arrangements. Fuel Oil I . iiS'Si Pres-to-logs v Je t: Utah Coal We Give G&W Brown Stamps! Western Oil And Burner Co. 1S43 So. 6th Phon. TU 4-3873 or TU 4-4153 Woman Fined For Speeding Clnra Harris. 37-year-old Tule. lake housewife, was sentenced lo 150 days in (he county jau anu fined $300 Monday by District Judge D. E. Van Vactor alter she pleaded guilty to drunken driv ing and petty larceny. According to Deputy Sheriff Bob : Hartley. Mrs. Harris speeded (through Bonanza Saturday night ;in a stolen automobile and 'smashed into three parked cars. : Hartley said she stole a car be longing to John Sanders ot Bo nanza. I Ray McDowell, 30-year-old farm worker, appeared with her in court. He was charged with vag roncy and demanded a trial which has been set for 10 a.m. Wednes day. Vet Member Blasts Policy Charges that the Eisenhower Ad ministration has consistently given veterans the "run-around" were made here Monday by Wally Moss. Klamath County Chairman of ' Democratic Veterans Advisory Committee. "The Republicans promised in 1952 to provide all the comfort possible to amputees, blinded and other disabled veterans," Moss cairl "I.acl Tarrh hnwpvpr thp ! ", j;:oi,:.. -.j . Democratic measure to raise the compensation for veterans injured while in service. "At the same time," Moss add- ed, President Eisenhower op posed a Democratic measure in Congress to raise the pensions of war widows and provide education for orphans of GIs killed in World War II and the Korean conflict. "In 1952." Moss concluded, "President Eisenhower said Amer ica owed a moral obligation to Cars Meet At Corner Two Klamath Basin drivers es caped serious injury early Sunday morning when the vehicles they were operating collided at the in tersection of Darrow and Division streets in Klamath Falls. Police investigation indicates that the car driven by Kurt W. Verlings, 4540 Shasta Way was moving north on Division Street and was in the intersection area. At that point it was struck in the side by the car driven by Lloyd Lousignont of Merrill, i Lousignont told police he Was right upon the Verlings machine before seeing it and couldn't stop in time. In view of existing log and icy road conditions, no cita lions were issued. Verlings was thrown from his car by the force of impact and was taken to the Klamath Valley Hospital for observation of knee injuries. NEW MOVE JAKARTA. Indonesia I Presi dent Sukarno called Monday for an end to political parties In In doncsia. Many viewed the speech as Sukarno's first move to set himself up as a dictator. O Newspaper SPOT ADS are inexpensive repeated dally, 79e Cub Pack 75 New Bobcats Pack 75 held its regular monthly pack meeting i in the Peterson School gym on Thursday evening, October 25. Highlight of the meet ing was an induction ceremony for 35 new Bobcats. Cubmasler Clark Good, assisted by other members of the pack committee, explained the cub program and expended a hearty welcome to all new boys and parents starting down the Cub Scout Trail. The meeting featured displays of puppets made by the Cub Scouts Victory Hope In Letter BAKER (Special) President Eisenhower has expressed Confi dence of victory in a letter to Congressman Sam Coon, who is seeking reelection to a third term. The letter was in answer to a wire Coon sent to the President when Mr. Eisenhower was in Port. land last week. The President stated: "It was thoughtful of you to send me a message when 1 was in Portland. Needless to say. I missed seeing you, but I am glad you kept your other appointments in order to protect the interests of the party. We had a splendid visit to Port land, and I am confident that vic tory is ahead if we all exert our selves mightily in these closing days of the campaign. Coon had wired his regrets from Klamath Falls about being unable to greet the President because of what he called a political , one- day Senate committee hearing ar ranged by Senator Richard Neu berger, Democrat of Oregon, on the Klamath Indian termination problem. . The congressman said that he felt it necessary to remain to 'protect the interests of the par ty." It was obvious what kind of a hearing this was when only two members, both Democrats, of the 15-member Senate Subcommittee on Indian Affairs showed up, Coon said. HELD Lilly Marchetti of Klamath Falls was arrested over the week end on shoplifting charges after a Klamath Falls drug store em ploye reportedly observed the woman enter the store, put a clock and two decks of cards in her hand bag, and walk out. The accused was temporarily held by city police on petty larceny charges and was released into her own custody after posting $100 bail. She was scheduled to appear in court Mondav. ft . keep your Hi viisisiaiiOTSffltffii . . . Stop surface water from rampaging down the hills . . . digging gullies . . . washing off the top soil! How? Easy when you have a Caterpillar Diesel Tractor with integral Cat Tool Bar sub aoilerl Make the water soak in by storing water in the subsoil! Use that same Cat Diesel Tractor and Tool Bar equipped with Bulldozer to build gully plugs . . . terraces. Store runoff by building stock ponds. And what's more, you'll plow, disk, harrow, harvest easier, faster, better than Your CATERPILLAR 1410 So. Sixth J Inducts 35 At Meeting i during the month. Prior to. the formal opening of the meeting! Tne program schedule as re those attending had the opportum-1 leased by Rev. Clarence Jackson ty of seeing the work done at den;pastor follows: Monday, Klamath meetings on the current theme. (Basin Holiness Association meet Den 3, under the leadership of ing; Tuesday, Sunday School night Mrs. Gumbert and Mrs. , Plank, Wednesday, family night; Thurs was in charge of ihe formal open- day. Youth night; Friday, Friend ing of the pack meeting for Oc- ship night. i tober. Short skits using puppets I There will be a service Satur made during the month were pre-! day night and the concluding erv sented by Dens 1, 8, and 10. j ice Sunday night, November 4. uuane snyaer, auric schwebke, Warner Schwebke, Bert P a u g h. John McCullough, John Driscoll, Kobert TucKer. and Day Snyder makeup Den 1, Mrs. Schwebke is their den mother. Den 8 is com posed of Jerry Stenberg, Terry Preston, Donald Wentworthr and Donald McGinnis with Mrs. Went worth as den mother. Gary May field, Terry Bane, Tommy Gross, Richard Howard, and Walter Es till make up Den 10, Mrs. Estill is den mother. After the induction ceremony, other awards were presented as follows: Denner stripes, Michael Christy and Bert Paugh; bear sil ver arrow, Mark Schwebke; wolf gold arrow. Tommy Gross; wolf silver arrow, Eldon Bleak; and. 100 per cent attendance pin, Ter ry Bane. Den 3 was selected as the Honor Den for the month at the pack inspection. To them goes the honor of carrying the pack flag in the "Get Out the Vote" parade to be held in the Town and Coun try Shopping Center. Den 4 was in charge of the closing ceremony. Mrs. Smith is their den mother. The next regular pack meeting will be held in the school gym on Thursday evening,. November 29. Theme for November is "Life in Puerto Rico." Investing in STOCKS? You can obtain the facts about Investors Stock ' Fund, Inc., an open-end mutual fund with professional supervision of diversified securities, emphasizing com mon stocks. The securities for this fund axe chosen for . "' objectives of long-term capital appreciation possibil ities and reasonable income. , piete information from: CP 12( So th VlVeSfort Diversified Services, Inc. farm and water at j WITH A '.: k DIESEL -lCm-WM, 'Jjpr TRACTOR! JVwd tne free titontn-t a Cat Tool Ber Farwinf "F erming the 1 Dueooioao' Ph. TU 2-2544 RATER LAK MACHINERY CO MONDAY, OCTOBER 29. 1956 Evangelist To' Speak In Klamath' W. S. Deal, evangelist, twill speak nightly this week at 7:30 at the Pilgrim Holiness Church STORM, Windows . 30" 36" and 48" Clear PLASTIC 9' sq. foot Rculr wood and flat! storm sash mad to your measure mints. Very reasonably priced. Long Bell Lumber Co. Main and Spring Free prospectus-booklet with com- Martin A. Putnam Robert O. Sproat Phone TU 4-9215 3 home!... ever before when you've a Caterpillar Diesel Tractor. That's because you'U pull twice as big loads accomplish 60 more than you can with wheel tractors of similar horsepower. Every day you spend on the job, you'll accomplish fax more on 60 to 80 less fuel biU. Many average farmers save $300 to $400 yearly on their fuel bill. Make tracks for our sales-service center. We'll gladly demonstrate a Caterpillar Diesel Tractor on your farm ... in your toufhat soil . , . with you it the controls! Dealer c1 '"' " aim' a
