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.
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