Herald and news. (Klamath Falls, Or.) 1942-current, June 18, 1958, Image 6

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Herald and news., June 18, 1958, Page 6, Image 6

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Newspaper Page TextPAGE A HEHALD AND NEWS. KLAlOm FALLS. OREGON WEDNESDAY. JUNE 1R. 1953 anb FRANK .IKNKINS Editor BILL JENKINS Managing Editor FLOYD WYNNE City Editor Entered aa aeeni clai matter at th putt office at Klamath Fall. Ore., on Auyutt 30. 1906. under act of Conffrcaa. March t. 176- RVHES: ASSOCIATED PRF.m UNTTED PRESS AUDIT BURFU OF CIRCULATIONS BUBaCRfPTlON RATES CARRIER I MONTH MONTHS ,. I VEAJl MAIL 4) MONTH . .. a months I I Mi 8 00 116 00 I I SO I 7.50 Srrim Ska &? Nwtk- Califri i year HI uj.oo Kyp.-iKN Hi. eh By FLOYD L. WYNNE Long delayed plans for the West Side Bypass have developed an other hitch, but it may he ironed out quickly. The hitch developed when it was learned that there was a local question as to who was financially responsible lor the moving of pri vate utilities from the right of way o: the proposed bypass. The money involved amounts to a considerable sum, and the util ities in question contended that their franchise with the city pro vided that the city should assume such cost. Mayor Lawrence Slater and the city council refused however to put the city in a position where it misht be indebted for an amount from $50,000 to $75,000 for the moving of such utilities. Signing of a contract with, the Stale Highway Commission on the bypass construction has been de layed while this problem is being straightened out. Last week, Mayor Slater, Sen. H.'rry Boivin and Henry Perkins city attorney, met with the high way commission in Salem to dis cuss this point. The city was cleared of any fi mncial obligations on the project, ard it honed down to a matter of whether the cost of moving such items as water mains, pow er lines and gas lines would he borne by either the private util ities involved or the State High way Department. However, rather than delay the project for another year while the legal turmoil is straightened out, the highway commission will pro pose to the private utilities that the highway department go ahead with the project, pay the cost of relocation, and then submit the question of payment to the courts to decide. This appears to he the only rea sonable course of action, and one that probably the private utilities will be willing to enter into. This course would permit the construe lion of the bypass now on sched- u o. If the arrangement can be worked out, the contracts for by pass construction will probably he let sometime in the month of July. The highway department is par ticularly desirous of constructing the structure across the main ca nal this fall when the water is shut off. If they cannot do it now. they will have to wait until prob ably October of next year. This appears to be one of the last obstacles in the path of the bypass, and it's hoped that it can be quickly resolved and work on the bypass begun this year as scheduled. that American News Company, magazine and newspaper distrib utors, has paid dividends since 1864 and the current yield amounts to fi.5 per cent. Pullman. Inc., has paid dividends since IHii7. Its cur rent yield figures 8.3 per cent. H past experience is any cri terion, it would appear the stock market is here to stay a while. if I'm president, 1 can't raise my salary whenever she wants me to. Q. What is the worst thing about being a boss? A. You're so lonely. There's no one you can talk to. You can't even discuss the weather. Si in k Murkoi By FLOKKNCK .IKNKINS Stockholders of a certain chem ical company this week received the good word that the stock is now listed on the New York Stock Exchange. Its listing signifies that 11 has met stringent regulations including substantial net assets and an earning capacity of more than a million dollars a year. There are approximately l.loo stocks listed on the New York Stock Exchange and shares ol common slock are owned by near ly nine million Americans. Eighty per cent of these own slocks list ed on the New York Stock Ex change. Two-thirds of those stock holders have family incomes of less than $7,500 a year. Last year, mil of these I. inn stocks paid cash dividends. Four hundred and lillynine paid larg er dividends per share than the year before, 150 paid less and ;i"ti paid the same amount in both years. The slock market has been edg ing up until it has hit a W.MI high and nearly every company's financial stalemonl you pick up sounds an optimistic note concern ing the immediate lutiire. The slack exchange itself has nothing to do with the pine nl slocks. II is the market place or the meet ing ground where sellers and buy ers gel tnelher tiy means of their brokers and ailcills. Hut a well regulated market place insures I that the prices are arrived at (air ly and are published promptly. A responsible investment counci lor will always advise a well round I program In include adequate insuiance, money In the hank and invested in bonds as well as in vestments in common stocks. Hut when you buy common stocks, you are invesiing in bu; business. It is possible to gel regular nirts from your bicker on the puce of the Mock on buy. You can keep a close eve on your hnancial status The New Yoik ioik Exchange has put out a panpnlel listing 311. common slocks hslcd on Ms ex change which have paid at least one cash dividend eveiy thiee months liom ill yens to 01 years. It it interesting to notel nig Wheel By HAL BOYLE NEW YORK (API - Would you like lo be a captain of industry The idea of serving as president of a giant business firm a firm with only five employes is a giant if the town it serves is small enough appeals to many. They see themselves as a glam orous big wheel surrounded by many small cogs desperately anx ious to please them. They see the executive life as one of endless power, plenty, prestige and leisure. Perhaps it actually was (hat way in the old days when a boss didn't rale as a tycoon until after he had bought his second yacht. But today? Ah, no. Many a modern magnate has found that achievement of the great Ameri can dream lo run a big business has many nightmare aspects. Let us lake a typical mythical example, Mr. Alonzo Q. Quag mire, president of the Acme 'fid dlywinks Co. In an off-the-cuff interview. President Quagmire gives this picture of the private life of a captain of industry Q. Mr. Quagmire, do you feel any pressures in your post from stockholders, labor or govern ment ? A. f did until I went numb. Q. What do you think's the best thing an executive can do when he feels government is sticking its nose into his business. A. Write 'em a hot letter on plain stationery and forget to sign it. If you mail the letter, leave off the stamp. Q. Are you afraid of your work ers? A. Last year yes; this year no ,Q. Are your workers afraid of you? A. Not as afraid as I am of the stockholders. Q. Aren't the stockholders grate ful when (he firm declares a dividend? A No. They say the dividend would've been bigger if I'd hired more men and turned out more tiddlywinks. Q. What if the firm declares no dividend? A. The stockholders say I hired loo many men and produced too many tiddlywinks. Q. Mr. Quagmire, what are a few of your secret woes? A. Well, It I get to work too early, they say I'm. worried about my job, and if I get lo work too late they think I've got a hang over. And Q. Yes? A. And if I get an ulcer, they say the joh s getting me down. But if I don't get an ulcer Ihcy say I m spending too much time on the golf course. And Q. Yes? A. And if 1 don't hire five new vice presidents, they say I don't know how to delegate authority. Hut if I do hire five more vice presidents I know I II have lo pend most of my lime watching them. Q. Do you tell your employes funny jokes lo keep up their morale? V Yes. but 1 figure the ones thai laugh have a sense of loval'.v and it's the ones who don't laugh who have a sense of humor I never could tell a ioke well Q Isn't your wile proud of your success? A. She can't understand why. I.ifi MarkcC By ELMER C WALZER UPI Financial Editor NEW YORK (LPIi-Thcre's billion dollar, depression-proof, consumer-goods market in the Army, Air Force, and Marine post exchanges throughout the world. And that market is one that molds buyers of , the future. Here's where young America learns how and what lo buy and bow to shop. It's a market that can be eniereo oy mose wno process consumer goods. But the young sters and their wives in the vari ous posts throughout the world are brand-minded, so the chief requisite of hitting the big mar- net is 10 nave a wen-Known, na tionally advertised product. Ihese exchange "PX" for post- exchange in the Army, and "BX" for base exchange for the Air ! orce circle the world. In the United States there arc 179 main exchanges with 1.113 retail outlets, 280 cafeterias, 424 snack bars and soda fountains, and 442 various service outlets, including guest houses, automo tive service stations, and nearly 3.000 concessionaires operating such activities as barber shops, beauty parlors, shoe repair shops, watch repair, radio repair, laun dry and dry cleaning etc. Overseas there are 18 exchange systems which operate a total of .407 retail outlets, 1.7H3 feeding activities, including cafeterias, snack bars and soda fountains. 1.170 various service outlets, and nearly 2,770 concessions. World-wide the exchange serv ice employs 21.000 American civilians and more lhan 44.000 indigenous personnel overseas. Ihe services are self-sustaining. tnanks In a markup of six lo seven per cent on average. Items of nece.ssily are marked up only small amounts while the conven ience items have markups run ning lo 25 per cent. Some of Ihe revenues are put hack into the business and the remainder is used in welfare funds for off-duty, on-post recrea tional activities. The boys spend about 25 cents of each dollar that goes into the exchanges in the cafeteria. And here may be a reason for Ihe world-wide spread of some so called American items. For example, last year Ihe boys and their dependents at the posts consumed 220 million cups of cof fee. 55 million hamburgers, and Hi million hot dogs. Pizza pics are going strong loo. And so is ice cream. In addition to thai 25 cents spent in the calelcria. here is a New York, suggests that reces sion-plagued, consumer product manufacturers ought to aim their products at the military man They must have a well known product and the price must be right. It's a good way to gel some foreign outlets, and the companies that have them right now in other fields are thriving better than those with only United States outlets. Ilislorv SACRAMENTO (To The Editor When enjoying' rising sun's light effects on the green of uppc fronds, the brown of decumbent ones of native California palms. one recalls the remarkable place paims noid in history, in even prehistory. When writer was at Universit; of Washington, he noted the fossil Puget Sound palms. This, however is not Palms' norlhernmost sta lion. Fossil palm leaves, as well as fossil breadfruits, have been found in Greenland. Since the palm especially is a warmth lover, we thus estimate climate shifts. When Oldtimer grumbles about changing climate he is not accur ate. Some early California Mis sions record even farther back ol annual tree rings such as rafters of old Arizona pueblos, yes, even Mariposa Big Trees indicate ab brcviated cycles. Is not, however, a great swing of climate, permit ting palms in Greenland or Swit zerland, something quite differ ent? - Preference for palms or dislike for palms sometimes can he uti lizcd in public relations. Writer returned from Germany, at the ccn fury's .turn, bubbling with enthus iasm about what he had learned in roadside forestry at the German Forestry School. He determined to try to substitute same for the (hen often dreary trcelessness roads of Sacramento-San Joaquin Valley. H soon was evident taxpayers objected. We thereupon held meeting at our home. To this we invilcd 15 palm enthusiasts, loving New England's elms, that we knew could he depended start a debate. Before long citi zens were not thinking of whether they could afford tree-lined roads It was "palms or elms!" Thus was born Sacramento County's forestry Board, one of the begin nings of Ihe present Stale High way Roadside Forcstation. C. M. Goethe Mi;ikll KLAMATH AGENCY (To The Editor I My failh in male in dependence has been badly shak for three-and-a-half years J had considered him a paragon ol male independence. Recently how ever, Rags has succumbed lo the :irms of a woman. The siren is my 5-year-old daughter Rags is a wooly lilllc dog who nvikes his home at our house whenever he is hungry. His an ceslry is doubtful, but there is no breakdown of the dollar spent in; doubt about his character, and the the PX s for other items bv average soldier or airman: lour cents for magazines and station ery, 1(5 cents lor tobacco. 15 cents lor clothing and insignia, nine cents for bottled drinks, four cents for jewelry and watches. eight cents for Inilelries. three cents for candy, and lfi cents for iscellaneous items. The average airman or soldier spends roughly 20 per rent of his monthly pay at the exchanges ollicers around 10 per cent. This is a young market aver age age 2.1 years. It's hrand- conscious. It nwkes (oreigners conscious of American products where Ihe PX's are abroad. Headquarters of Ihe Army and Air Force exchange service in Poqo witvvA fjavnj; i Ml wees Misin .-?r' ' -r 10,000 J -Ti wows, .r i r t aint ooih'to the v, Bcr. J (act that he is one. His favorite sport is chasing cars and mag pies, ne walks with an arrogant air that seems to say "I will wear no man s collar. On his home ground he is a veritable giant, and has no qualms about attacking an intruder twice his size. But a woman's charms has done it again. I came home for lunch a couple of days ago. and received quite a start. There was Rags being led by my 5-year-old daughter, as docile as a lamb aifti apparently enjoying it. Never again will I believe male supremacy. Nelson Sharp iNetT& -Ave ove?- ec?T avv fcs p a too v Tug 9'ATaj fcCAI-AvfsVT. lAfta AM. XS "CCT?.,TV.g M-AINT OOIH i3-Jt MY i 11 AAV l Ts r.. 4iiolvs By CnUed Tress International WASHING TON - Hop. Charles !. Gllhser iH-Calif.i. alter ex pressing dismay at the "nhviou; giee wnicn ne said newsmen showed at the gift-getting diffi culties of Presidential Aide Sher man Adams: "There is no greater gioup ol freeloaders in Ihe world th.inMhr press," TRENTON. N.l. - Gov. Rob lert B. Mevner of New Jersey. a. .or revealing lh.it he received a holt of cloth at the l'v gover nois' coniereiue in Chicago, hul didn't know whether it came from Boston industrialist Bernard Gcldlinc "People send me bolts of cloth from lime lo time. Frankly, I don't like to receive them. I pre ter to buy my suns re.uiv-nudc." OTTAWA - John Hciiman. grand mu le of two-ve.ii -old Joe' lieilin.iii. heir to a t ham ston fortune, oiler the child had beer, lound unharmed aner his abduc lion The pi ess was lerrllic. No body broke the release and no hodv bothered us too much. They were very imdei siandm. Thcv were just wonderful." They'll Do It Every Time By Jimmy Hatlo Some cx)NvErJTio,,si or? other DtSTUP8ED GSUMPLVS SUJM6ERS ATI THE HOTEL LAST NIGHT 4ND OH, My But this week he's a coKVEistnoM DELE64TE AT THE S4ME HOSTELt? WHO'S THE LIFE OF THE PAfHTV NOW? Cy' I VV4MT TO RE&ISTEf? A '-IL C-XXi OLS? ff II, WcompuuktJ these PutmX?& I f&s ylMPvi1) ' 4 COMVEtslTIOrJEERS KEPT ME 1 I Spy b-WUIlJ 4VA'-iE ALL fsllGHT IT'S A i Y'CJZ'iS. SsZKib Q disgr4ce.'whitkindof tP l ''ff) frrT ' 1 rm HOTEL VNOULD It-LOvV SUCH A IXtV- f UVV Siudy Exonerates Indians Of Idaho Tribe In What Was Said Game Slaughter PULLMAN. Wash. (AP) Two Washington Stale College profes snrs came to the defense of north Idaho Indians Wednesday and said their study shows that charg es of hunting violations against the Ncz Perce tribe are false. Irven 0. Buss, professor o' wildlife management at WSC, and Richard D. Daughcrty, assistant professor of anthropology, said the Nez Perce asked them to make the study two years ago. "Data collected effectively dis pose allegations that Indian hunt er; slaughter deer and elk in great numbers throughout the Dunsmuir Man Shifted DUNSMUIR - Louis Oberkamp, master mechanic of Shasta Divi sion and a Dunsmuir city council man, has been transferred to Los Angeles. Southern Pacific officials announced recently. Oberkamp. who has worked out of division headquarters in Duns muir since August, 1050, will be placed in charge of the Southern Pacific general shops in Los An geles, effective Thursday. His du ties on Shasta Division will he ab sorbed by a number of his subordinates. Elected as a city councilman last April, Oberkamp served as a council appointee for a six-month term prior to the election. Roth he and Mrs. Oberkamn have been popular members of tne commun ity. Major J. Morgan Jones is ex pected to appoint a successor to Oberkamp at the city council meeting on Wednesday. Oberkamp served as fire commissioner and sanitation commissioner. year." Dr. Daugherty said.. "The total kill of deer and elk by Indian hunters outside Idaho's regularly scheduled hunting sea son is so small it is not significant to wildlife management practices. "Since the 202 reported hunters in the Nez Perce tribe of Indians shot an estimated 65 elk and 187 deer in 1955. as contrasted with 15,800 elk and 65,100 deer shot by licensed hunters during the same year in Idaho, it is evident thai the kill of big game by Indians in the area is insignificant." The professors said they were asked for heln after Ihe honiinir charges reached the slate Legis lature and even members of Ida ho's congressional delegation. Much of the information for their report, Ihcy said, was ob tained by questioning about 50 nor cent of Ihe Indian hunlers in northern Idaho. fBEaBMBijiHBIJalaaaanaaaVB STRIKE ENDS NEW YORK ( UPI i A four- day strike which closed seven of New York's leading tourist at tractions, including the Bronx Zoo and the Metropolitan Museum ended Tuesday night. Agreement on a "basic formu la" for ending the strike was reached during a five-hour confer ence called by Mayor Robert F Wagner. Terms of the settlement. which were not disclosed, will be submitted to the striking mem bers of the American Federation of State. County and Municipal Employes tonight. Road Rework Necessary DORR1S Siskiyou County will have to pav 6.000 to rework roads on a subdivision, Shasta Acres, located about one and one half miles east of Mount Shasta and owned by Mrs. Edna Hargraves. Al Powers, new road commis sioner, told the Siskiyou County board of supervisors the subdi vision should not have been ac cepted by the county. Mrs. Hargraves complained to the board concerning delays in selling property and asked the county to abandon a road im properly surveyed. Powers said there should be a way of rectifying the misplaced road error, but District Attorney Flovd Merrill told the board that the full Ljocedure of posting, hold ing of a hearing, and the approval of the planning commission would be necessary. Powers explained that some ol the streets were not properly com pleted by the subdivider, but that the county had taken over the lia bility for fixing them in accepting the subdivision. II For More III Living HI Per Gallon See the New MORRIS '1000' Robin & Myers l I 1200 E. Main TU 2-SS11 wis book your high protein source Greek Orthodox Patriarch Dies DAMASCUS, Syria (AP)-AIox- andros III, il()-yoar-old Greek Or thodox patriarch of Antoich and the Entire Kast, died yesterday. The church's oldest leader had been operated on last Thursday fur an ahcess in the region of the appendix. Since t!Kll he had Governed the Greek Orthodox community in Syria. Lebanon. Iraq and part of Turkey plus thousands of its mem hers who had migrated to the United States and Latin America. An urgent meeting of all patri archate bishops was called to set hunal date and to appoint a deputy patriarch. The bishops also will call a general Orthodox con ference of the area to elect a new permanent patriarch. qotlrbest house. Sherwin-Williams n buuin ; I f 11 i H Now better than I j II fl I s Stretches the -jl 1 1 fl years between ill 1 1 fl paint join rU-H I Knrlnrscvl by N leading painters 'jL SIVPV " r i : f M White j J . 7.60 Gal. j J j ADD D A IkIT o r mi n i y 734 So. 6h Just imagine relaxing in your own back yard, watching your favorite television program while those wonderful steaks sizzle to juicy tenderness on your own Barbeque. This fine summer evening dream can come true for you. . . With The Purchase Of A 17" DUMONT PORTABLE TV At The Regular Price of $199.95 You Receive FREE ... 1.) 22" Hooded Barbecue . with Elec. Spit - Bronze 2.) 25-lb. Bag Charcoal Briquets 3.) 3.00 Set of Broiling Utensils Fork - Flipper -Spoon AND 20 ft. Heavy. jCS duty Extension Cord (Reg. 2.25 m m at value J to p4ug in your 17" DUMONT PORTABLE TV For Cemtte Outdoor Sumrrrar Enjoyment. 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