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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (June 27, 1958)
PAGK 4 A HERALD AVD NEWS. KLAMJTH FALLS. OREGON FRIDAY. JUNE 27. 1958 MARKETS and FINANCE Editor1! Note: Th market i. pom listed belaw are jester day! markets. Mi Uday't, and ara carried at a aerrtca ta thou subscribers la early tie liverj cane which maka publi catloo of daily markets Impos sible withia the route schedule. STOCKS WALL STREET NEW YORK IAP) - Rails sparked a slock market rally Thursday which brought an irreg ular advance in active trading. Leading issues gained from tractions to a point or so. The Associated Press average of 60 stocks rose 90 cents to $173 60 with the industrials up $1.30, the , rails up $1.10 and the utilities up 20 cenis. Volume was 2. 9 10. 000 shares compared with 2,720,000 Wednes day. NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation 10 V, Allied Chemical Allis Chalmers Aluminum Co. America American Airlines American Can American Cyanamide American Motors American Tel. & Tel. American Tobacco Anaconda Copper Armco Steel Atchison Railroad Bethlehem Sleel Boeing Airplane Co. Borg Warner Burroughs Corp. California Packing Canadian Pacific Caterpillar Tractor Celanese Corporation Chrysler Corporation Cities Service Consolidated Edison Crown Zellerbach Curtiss Wright Douglas Aircraft du Pont de Nemours Eastman Kodak El Paso N2 Emerson Radio Eord Motor General Dynamics General Electric General Foods General Motors Georgia Pac Cp. Goodyear Tire International Harvester International Paper Johns Manville Kaiser Aluminum Kennccolt Copper Libhy. McNeill Lockheed Aircraft Loew's Incorporated Montgomery Ward New York Central Northern Pacific Pacilic Gas 4c Klectric Pacilic Tel & Tel. Penney U.C.) Co. Pennsylvania R.R. Pepsi Cola Cd. ' Philco Corp. Polaroid Puget Sound P & L Radio Corporation Rayonier Incorp. Republic Slecl Reynolds Metals Richfield Oil Safeway Stores Inc. St. Regis Scott Paper Co. Sears Roebuck & Co. Shell Oil Co. Sinclair Oil Socony Mobil Oil Southern Pacific Sperry Rand Standard Oil Calif. Standard Oil N.J. Studcbakcr Packard Sunshine Mining Swift & Company Thompson Products Transamerica Corp. Twentieth Century Fox Union Oil Company Union Pacific United Air Lines United Aircraft United Corporation United Slates Plywood United Slates Steel Warner Pictures Western Union Tel. Westinghnuse Air Brake Wcstinghou.se Electric Woolworlh Company 78 a 69 V, 19 49 " 44 H II 177 H 45 i SO 'i 22 "4 41 s 43 Mi 30 35 47 271. 63 V, 16 ft 48 56 551, 48 24 H 55 183 no n 33 ft 7 41 V. 57 V: 59 ',i 63 !. 39 Vi 37 V, 81 33 97 39 V 26 89 10 V, 47 V 16 37 V, 17 39 "4 57 130 93 13 Vt 24 tt 16 y4 58 31 34 17 1, 46 41 87 V, 30 H 33 'i 66 3t 29 l 75 59 51 45 W 19 50 53 5V4 7 34 4 42 W 29 Va 51 i 29 26 Ti 61 8 1 32 64 ' 19 U 20 U 22 56 i 47 V4 POTATOES LOS ANGELES (UPIFSMNSI- Pnlalo market: Nn Oregon sales. Arrivals Truck 43(1. SAN FRANCISCO (UPI-FSMNS) Potatoes: Long Whites U.S. 1A 2-inch ml- rimiim 100 lbs Kern County 3.50 4 00. mm i Ur' yr "Tht last ttraw was when Herblt said ht don't cart if I data other boyi!" LIVESTOCK PORTLAND IAP) (USDA) - Cattle salable 100; fupply mostly cows, early sales steady: other classes quotable steady; good and choice fed steers this week 27.00 29.00; good and choice heifers 25.50 - 27.50; canner and cutter cows today mostly 15.00-17.00; few utility cows 17.50 - 19.00; utility bulls 23.50-25.50. Calves salable 25: few sales steady; good and choice vealers scarce, salable around 26 00-31 .00; few standard vealers 21.00-24.00; culls down to 17.00. Hogs salable 50; scattered sales 25 to 50 lower than early Wednes day: U. S. 1 and 2 butchers around 200 lbs 26.00-26.2o: mixed 2 and 3 lots 25. 00-25. 50; sows lightly salable 19.00-22.50. Sheep salable 250; trade slow; early sales steady to weak; few choice spring lambs 21.00: good 20.00-20.50; good and choice feed ers 18.00-18.50; ewes scarce, sal able around 3.00-8.00. STOCKTON (UPI - FSMXS) - Livestock: Cattle salable 150. Entire stock held for. afternoon auction. Calves salable 50. Entire stock held for afternoon auction. Hogs salable 25. Market un tested. Sheep salable none. CHICAGO (AP) Butcher hogs declined 25 to 50 cents Thursday with the market topping at (24.75 for about 100 head of closely sort ed No. 1 grade in the 210-220 lb. range. Slaughter steer prices were steady. A few high choice, prime and mixed prime steers and heif ers sold at $29 and good to aver age choice grades at $25.50-28.35. Vealers were $28-31 for good and choice grades with prices steady. High choice and prime spring Iambs brought .$26.50-27.50. The market was active and steady to oO cents higher. Salable receipts 9.000 hogs, 1,500 cattle, 100 calves, 600 sheep. GRAINS CHICAGO (AP) - Nearly all grain futures prices had gains at times on the Board of Trade Thursday but Ihey ran into profit taking at the higher levels. Wheat at one time was up as much as a cent or more a bushel. Iceland was expected to be in the market for 450.000 bushels of wheat but traders took note, too, of reports thai weather in the Southwest had become more fa vorable for harvesting the winter crop. At the close, wheat was -'.' cent a bushel higher, July lR41i- corn Vt lower to higher. July 1.34U-35; oats Vn-Vi lower. July 64',k; rye lower to "4 high er, July 1.26'i; soybeans lower lo higher, July 2.25-24'.: lard unchanged to 5 cents a hundred pounds higher, July 12.07. WHEAT Open High Low Close 1.84 1.85 Vi 1.83 U 184 "4 1.86 U 1.87 1.88 1.87 1.91 1.9.1 Vt 1.91 'i 1.92 1.94 1.96 1.94 1.95 ' 1.93 1.94 1.93 1.93 Jiy Sep Dec Mar May PORTLAND (AP) Coarse grains, 15-day shipment, bulk coast delivery: Oats No. 2, 38 lb while 51.00-53.00. Barley No. 2, 45 lb B. W. 45.00-47.00. Corn No. 2. E. Y. shipment 63.00-63.50. Wheat: No bids or oflers. Car receipts: Wheat 39: barley 8; flour 5; corn 2; oats 11; mill feed 5. TURNCOAT WED ' MARIN CITY, Calif. (AP) - Turncoat La Ranee V. Sullivan Korean War veteran who returned to the Anited Stales recently alter several years in Communist China, has married. The bride, ac cording lo a sister, is Berniece Brown, Menlo Park, Calif. HOTTOM DROPS BREMOND, Tex. (AP - The bottom has dropped out of Ihe market and larmcrs are letting tomatoes rot in Ihe fields in this tomato-growing center. Farmers said the 2 cents a pound price isn't enough to pay for gathering the tomatoes. TM Itf t' t M. tVJk Three Events Start Klamath Basin Celebration Saturday The 1958 Klamath Basin Celebra tion gains momentum tomorrow, with three events scheduled. First is the Kiddies Parade, which will form at Wright Field at 10:30 sharp, and. move off at 11, swinging down Main Street to Veterans Memorial Park. There the prizes will be awarded, and free ice cream will be served to all participants. This event is spon sored by the Venture Club of Klamath Falls. Veterans Memorial Park will also be the scene of the next event, the Lumber Jackaroo, sponsored by the Exchange Club. Although the Jackaroo will not get under way until 1 o'clock, when the truck racing begins, the Exchange Club will have a refreshment stand at the park with lunch available from 11:30 on. Bank Believed Mystery Key NANTUCKET. Mass. IAP- Bank accounts may hold the key lo Ihe disappearance of a dic tator's critic and the death of an Oregon flier, a New York attorney said. Morris Ernst of New York Thursday asked Rep. Charles Por ter (U Orei to disclose all the in formation he has about the bank accounts of Gerald Murphy of Eu gene, Ore., and Jesus De Galin dez. De Galindez a healed foe of Rafael Trujillo, the strongman of the Dominican Republic van ished in 1956. Murphy later was killed. Porter and several magazines have charged that Trujillo had De Galindez kidnapped. And Murphy, they said, flew the plane that spirited the university teacher out oi the country. Ernst recently completed an in vestigation for Ihe Dominican Re public and said Porter's accusa tions were false. The New York attorney Thurs day told Porter in a telegram that he should make public "all infor mation you have about Murphy's bank accounts and more particu larly the source of the $25,000 de posited by him before March, 1956. "It might also be helpful if you made public Murphy's income tax return for 1955 as it should identify the source of this money. "The full acts about why the Galindez million dollar flow slopped on March 12 might help your constituents clear their son's name of an evil charge," Ernst said. Murphy's parents still live in Eugene. Ernst earlier said he feels that Galindez. who collected a million dollar fund for Spanish refugees, still is alive. Solons Eye Waif Control SAN FRANCISCO (AP) Con gress Thursday was asked to con trol more tightly the immigration of diseased Korean orphans into the united Slates. The request was made by the House of Delegates of the Ameri can Medical Assn. The resolution asking Congressional action was introduced by the Oregon Medical Society at the AMA convention. The delegates noted, however, that it hoped "Those who have undertaken the task of transport ing these untorltinale children to their new homes will be able to continue their wonderful work." In the resolution, the AMA said some orphans brought to this country had tuberculosis or bowel disease and that they posed a health threat to their new com munities. Congress and Ihe Slate Depart ment, however, earlier had given special permission to Harry Holt of Creswell. Ore., to bring in tu bercular children if they are hos pitalized immediately. In all. Holt has hro'ight more than 900 waifs to new homes in this country. State Plans Oil Probe SAN FRANCISCO it'PI) The state of I'nlitomia plans to con duct its own investigation of a charge by Standard Oil Company of California that three of its for mer executives diverted to them selves nearly half a million dol lars that belonged to the firm. Chief Assistant Attorney Gener al Norman Elkington said Thurs day the slate's probe would deal with the possibility that Standard allowed preferred customers to re ceive illegal price preterence. The names of the three execu tives have not been disclosed. Two were reported lo he Irnm San Francisco and one from I.os An geles. Standard did not accuse them of any criminal activity, hut said they "received profits" amounting In $470,000 from Stan dard customers in Arizona NEW BIRO AKIIIVFS NEW ORLEANS HTP-Xew Orleans is swapping two of its pelicans for a great bustard, a nearly extinct niemher of the crane fainilv found from Cenlrallall adds up." Europe to China. The hi; bird was due In arrive here tod.iv from Jerez de la Froriera. Spain, and take up residence in the Audnhon Park Zoo. Park Superintendent George Douglass said he planned In handle the bustard with con siderable care, since tl stands more th:in three feet hiih. weighs hoiit 30 pr0'ds ar.d i so pug nacious thit it has been known In attack humans. The Jackaroo, free admission, will run until about 3:30. with log rolling as the last of many items on the program. The possibility that more than a few Basin lassies might get into the log rolling act arose Friday morning, when a local girl, issued a ' challenge to meet any woman in the Basin in the contest. Final event of the day will be the Queen's Ball, which will be held from 9 p.m. to 1 a.m. at the Old Armory, featuring Baldy's Band. High point of the ball will be the midnight announcement of the girl selected to be senior queen of the Basin Rodeo. Two princesses will also be named. The queen will be crowned at the moment the selec tion is announced. The celebration pace will slack en Sunday, with the one event of Ihe day being a first round of elimination matches in the horse shoe tournament, sponsored by Ihe City Parks and Recreation Depart ment. The matches will begin at 1 p.m. at Moore Park, with no advance registration necesssary. The central point for all infor mation on the Klamath Basin Cel ebration, purchase of rodeo tickets, and junior and senior rodeo reg istration, is the newly opened Ro deo Headquarters, 530 Main Street, telephone TU 2-0110. Drunk Tossed From Theater LONDON (AP) Actor Charles Laughton, who plays a drunken father in his current stage offer ing, Thursday night had a cus tomer thrown out who was soused for real. Shortly after the start of the last scene of the play aptly titled "The Party" a man in the or chestra started shouting. Laughton called for the curtain lo come down. "We will have that troublesome fellow out," he said. The man was escorted to the door. Then, with a wave to the au dience, Laughton said, "I'm sorry somebody seems to have been up set by the schizophrenia in the play. "I am afraid we shall have to start agmn, but we can't go back too far because you will miss your buses and trains." With his wife Elsa Lancaster and actress Joyce Redman, he vaiiivu un wiiii .lit otiiic. ...:,u tu. After the show. Laughton aid I suddenly realized there wasi somebody down there in the stalls just about as potty as I am meant In be in the play. And that is potty." Ship Left High, Dry LEWISTON, Idaho (AP) - The 32-foot river boat Wenaha, with 10 passengers, nosed inlo shore Wednesday night for a rest and was left somewhat high and dry as the Snake River flow was cut down upstream to fill a dam res servoir. The 10 were flown out Thursday afternoon. They said they had a good time. The Wenaha makes a 93-milc, two-day trip each week from Lew iston to Johnson's Bar. It takes food and mail to ranchers living along the river in the rugged north central Idaho country, and a few adventuring tourists ride along sometimes. The Idaho Power Co.. which is building the Rrbwnlee and Oxbow dams near the Hells Canyon stretch of the river, reduced flow to store water in the Brownlec reservoir and permit closure of a cofferdam at Oxbow. Gomer Condit. resident engi neer, said the Army Corps of En gineers was advised of the flow reduction and warnings were is sued to downstream users. Condit said the flow at Oxbow was 9.600 second-feet alter the re duction. He said an addilional 5.000 second-feet would be re leased in an effort to free the boat. The Wenaha was hung on a big rock along the shore. A second boatload of camera men, filming the last nip of Ihe Wenaha this season, picked up the passengers and took them to a temporary landing strip where they were picked up. The 10 were Charles Stilh. his daughter Sandra, and his son Paul, of Portland: Mr. and Mrs. Joseph .lobe and their sons Tim and Jrffery of Seattle: and Mari anne Scott. Mildred Dexter and Jenny Schultz. all of Spokane. Rocket Slate Review Set BUFFALO. N Y. APi - A De fense Department official says the Navy's Vanguard program will be rev iewed. Only one of six attempts to launch the Vanguard has been successful. Donald A Quarles. deputy sec retary of defense, said Thursday nighl: "This does not mean that we necessarily arc planning to abandon Ihe Vanguard program, hut we will have to give Ihe pro gram another look to see how it lie said in an interview that the Air Force and Arniv programs to launch satellites would definitely go ahead. He was not so positive about Ihe Navy's program lo do the same with the vanguard. The only successiul Vanguard launching was March 17. The three stage rocket put a grapefruit-sized satellite into orbit. The latest of the five fitlures occurred this week. "DON'T TAKE any wooden niclceli; buy a wooden quarter instead." This might ba the slogan of the Exchange Club for tomorrow's Lumber Jackaroo, during which Klamath Union High School students Stina Anderson, left, and Carol Ross will ba among the girls hawking souvenir "wooden quarters," proceeds from which will go for Jackaroo prizes. , Practice Restraint During Boom Time Economist Says By ROBERT G. SHORTAL United Press International NEW YORK (UPIi The best way to prevent serious downturns in business is to practice restraint in times of boom, a group of leading economists told united Press International today. Twelve top economists told UPI this is the basic lesson learned from the present recession. ine economists called for re straint by government, business and labor during times of rising industrial activity to avoid the ex ceses which lead to recessions and depressions. Roy L. Rierson. vice president of the Bankers Trust Co., said "we have learned that the best way to reduce a business down turn is to curb the ebullience and !., i .k l.- hn Pardon Asked For War Hero HOLLYWOOD UPI Singer Bing Crosby and his brother, Lar ry, are planning to seek a pardon for a war hero, who attempted to rob Bing's pro-amateur tourna ment at Pebble Beach, Calif., last Jan. 13. "Bing has told me to do my best lo get a pardon for Colonel Blair." Larry said Thursday in announcing plans to file a peti tion of pardon with Gov. Goodwin J. Knight within a week. Melvin Blair, 42. a retired lieu tenant colonel with 21 years of Armv service, was overpowered by Sheriff's Deputy Tom Martin when he attempted to take $40,000 from a safe the officer as guard ing. he former Army officer, a dec orated veteran of Merrill s Ma rauders during World War II and Korea, was convicted and im prisoned at Chino. "He has a spotless service rec ord." Larry said. "We believe that after strenu ous service in two wars this man was not adjusted to civilian life. But we think that he can be, and he should not lose his citizenship rights and his pension." Larry explained he and Bing did not interfere with the course of justice because they were not asked to appear at Blair's trial. "Now we want to lake the only avenue to help Colonel Blair." he said. Authorities said Blair confessed attempting to rob Ihe safe be cause he was in financial dili culties. Toastmistresses Meet Reported The Ewauna Toastmistress Club met at the Willard Hotel on June 23 at 7:30 p.m. The inspiration was given by Mickey Zigler. Charles Carlson, principal of Klamath Union High School and guest speaker, talked on the sub ject of the school budget. Topicmistress was Rowena Mc Donald. Rose Putnam served as lexicologist and grammarian. Ed ucational feature was prepared by Ramona Smith. Toastmistress of Ihe evening. Helen Bassett, introduced Jan McClellan with a speech employing local variety. Roena McDonald was the critic. Norma Reiche was general program evaluator. Installation of officers followed the regular meeting, and Margaret Davies acted as installing officer Ol fleers for the new term are Vir ginia Morey. president: Ramona Smith, vice president: Helen Bas sett. secretary; Marty Bnthwell. treasurer: and Carol Whetstone, club representative. ACCIDENT R ACINE. Wis. a PI '-The Wis consin Agriculturist revealed to day (hat American brick cheese was strictly an accident. The publication reported that n Wisconsin cheesemaker somehow made a mistake in 1876 and came up with brick "Oh. my, Der I i m b u r g e r schmell iss lost." was his only comment, according to the publication. a?" He called for avoiding large wage hikes under long-term con tracts at the peak of a business boom, more restraint by business' men in expanding their facilities during a boom, and for usin: periods of prosperity to reduce debts. Ira T. Gellis, economist for E I. DuPont de Nemours & Co. said "perhaps we have learned that we can moderate the swings of business activity by restraining me Doom mat precedes the de cline. Gellis also expressed the view of a number of the economists w-hen he said "we have learned that raising wages and salaries and 'fringe benefits by amounts greater than rising productivity will cause rising prices, and ris ing prices reduce markets." Don M. Soule, assistant profes sor of economics at the University of Illinois, explained that "be cause of unwillingness to control the boom, we pay the price of depression." He said the economy cannot operate full-blast all the time. Gordon W. McKinley. director of economic and investment research for Prudential Insurance Co. of America, said the lesson to re member is that in times of boom taxes should be raised to curb the exuberance of businessmen and consumers. Taxes should be low. ered in times of declining activity to spur new spending, he said .Neil H. Jacoby, dean of (he University of California's Gradu ate School of Business Adminis tration, said "I hope that here after federal spending for national defense will not follow a 'roller coaster pattern, but will be based on firm long-range planning." Honor Scheduled For Pioneers WEED Pioneer's of Siskivnu County and their descendants will be honored Sunday. June 29, at a tea given by the Siskiyou Countv Parlor No. 319 of the Native Daughters of the Wolden West The honoring event will be held at the parish hall in Mount Shasta beginning at 3 p.m. An invitation is extended hv the NDGW Parlor to all citizens throughout Siskiyou County and Northern California who are teresled in the pioneer's and the history of Siskiyou Countv. A program is slated lo include prominent speakers and musical selections during the afternoon tea. Mrs. Dwight Hammond. Edge- wood, is serving as genera chair man of the tea and others taking an avuve pan in me arrange ments include. Mrs. Ed Filippe. Kdqewood. president: Mrs. James Mrk, weed, charter president: Mrs. Arthur Picthorne. Dunsmuir, secretary: and Mrs. Alfred McEI- rov. .Mount Shasta, treasurer. the Parlor was instituted two vears ago and is formed of men ners Irom Weed. Mount Shasta McCloud and Dunsmuir. Finest Major ' Gasoline On So. V-'r 1 CHEOC I1CKIT: MW5 mi mil mm Next Free Boat July 30 Bring Prefab By ELMER C. WALZER I PI Financial Editor NEW YORK lUPIi-With costs of building high, the trend may veer toward greater use of pre fabricated and pre-cut homes. This, according to the experts. could be a big business. It could supply homes to fit price brackets of (hose now priced out of the home market. And it could give a big lift to the economv through higher em ployment of building trades, work ers in the factories that turn out the houses, and workers in the companies that supply building material. And a spurt of this type of housing could generate demand for ail sorts of materials, cement, Storm Harms Wheat Crops HERMISTON, Ore. (AP) - Wheat growers and power and telephone companies suffered damage as a violent rain and wind storm whipped through parts of Eastern Oregon late Thursday. Power lines were knocked down in both Uma'illa and Hermiston. Some trees were thrown across highways and Umatilla telephone service was interrupted when a porch roof was blown through wires. Police reported wheal fields were' flattened on the outskirts of Echo. Surveys also were being made of harvest-ready wheat acreage in me Lexington area. Police chief W. A. Silvey esti mated the winds reached nearly 60 miles an hour at times at Her miston. He estimated an inch of rain fell there in about 45 minutes. At Umatilla, the same dust storm that preceded rain in Her miston knocked out power for about 30 minutes. The deluge covered Umatilla streets for a time and put water five inches deep in street gutfers. There were no reports of injuries in either town. Police Arrest Traffic Escapee Running away from the cops can only get you deeper into trouble. Frank J. Estes, 22, of Lakeview has learned. Young Estes was cited for driv ing without a license on Seventh Street Wednesday by City Patrol man Ray Howard. Howard, following usual practice. allowed Estes to drive to the sta tion, with the officer bringing up the rear on his three-wheel motor cycle. But instead of accepting the po liceman's hospitality, Estes drove off in a burst of speed and man aged to escape. But only temporarily. Every man in the department was look ing for him Thursday and inevi tably he was arrested while driv ing around with a friend. In addition to the drivers license charge, he appeared in court this morning accused also of reckless driving and was given a $25 fine for this plus five days in jail. The no license offense netted him a $10 fine or five days in jail. Officers said further charges in volving the incident may be lodged soon. Five Day Forecast Western Washington and Western Oregon Temperatures averag ing below normal with rising trend about Sunday. Maximums in the 60s and low 70s. rising to 70s and low 80s by beginning of the week. Minimums mostly in 50s. More precipitation than sea sonal, mostly during the first few days. Eastern Washington. Eastern Oregon and North Idaho Show ers fr thundershowers during the first few days with precipitation heavier than normal. Tempera tures lowering to below normal first few days with rising trend at start of the week. Maximums low ering to the 70s. then rising to 80s by first of the week. Mini mums mostly in 50s. SAN FRANCISCO tUPP-Five-day weather forecast for Northern California: No precipitation except a chance of a few showers ex treme northern portion early in period: temperatures below nor mal inland but near normal on coast: normal minimum -maximum Sacramento 58-90, Red Bluff 66-96. Eureka 52-61. Santa Rosa 48-81. Blue Canyon 54-74. I atfCSa Oil Credit Card UdUiilUdisl 6th and E, Main Across From Houses steel, plumbing, electrical appli ances, paint, and myriad other things. According to Alexander Hamil ton Institute manufacturers of prefabricated and pre-cut housing are stressing their exceptional ad vantages for meeting the needs of moderate-income families fami. lies earning from $80 to $100 a week. "Such families have been mora or less priced out of the housing market during the last several years by the sharp rise in con struction costs," says the insti tute. "The allocation of $200 million dollars of additional funds to the Federal National Mortgage Asso ciation earlier this year was di rectly intended to make new hous ing more available to this group, as is evidenced by the restriction of the funds to the financing of new homes priced at not more than $10,000. "The government has also un dertaken, through the public hous ing administration, to test the merits of prefabricated versus conventional construction methdds in holding down costs while giving standard quality." . The prefab home industry in cludes some 300 manufacturers and more than seven thousand builder dealers. It accounts for about 10 per cent of all single family houses built in the nation. Greater stress in the prefabs is being placed on styling, color, luxury equipment and other fac tors to make the homes attractive. Some have gone in for higher priced homes running up to $20,000. The prefabricated home makers at their annual meeting they are now called the Home Manufactur ers Association held that mass production and mass-marketing of homes is the only way to lick high costs. One company the National Homes Corp. of Lafayette. Ind. has introduced a three-bedroom house priced at $7,600. The Alexander Hamilton Insti tute points out that if the price of the lot can be held down to $2,000, the buyer can get this home for $300 down and a month ly carrying charge under a FHA mortgage ot around $66.50 a month. Pre-cut houses also are becom g popular. These provide for all beams, studs, rafters and other frame components to be cut to proper size at the maker s mill. and delivered to the building site. Erection of these pre-cut homes can be done by conventional methods, and a handy home build er can enter the picture with a bit of do-it-yourself work. The biggest market for pre fabricated homes at present is the Middle West and that is where the prefab companies are located. They concentrate in Ohio. Illinois, and Indiana. Some, however, op- erate over a wide area as much 41 states. Some hold their operations to within 300 miles of the plant. A boom in this type of building could be helpful to many compan ies listed on the major stock mar kets to say nothing of aid for makers of furniture, floor cover ings, curtains, and all other items that go to making a house a home. IN THE SOUP LONDON (UPI)- Theodore Stevens was in the soup today "Leeds soup." that is. His wife, Winifred, told a di vorce court Thursday that, after finding love letters to her husband from another woman, she left him a supper of shredded wed ding photographs in hot water. She called the concoction "Leeds soup." Templchof Airport in Berlin is one of the few airports in the world located in the center of a large citv. Having Trouble? Placing Your Auto or Truck Insurance If So Call TU 4-7416 For Appointment No Pool No Assigned Risk I WILL INSURE YOU!! v Is Use Any Major Lee's
