'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