FRIDAY, AUGUST 8. 1958
HERALD AND NEWS. KIAMATH FALLS. OREGON
PAGE 7 A
Agents Arresi Missourian
For Dealing In Narcotics
JOPLIN. Mo. AP A 40-year-old
Missourian described by fed
eral narcotics agents as a million
dollar dealer in high-grade heroin
was arrested last night near here.
Jack R. Clayton of Blue Springs
was jailed on a federal complaint
charging him with peddling heroin
in Arkansas, Florida, Tennessee
and Texas. The complaint was
filed at Tyler, Tex.
Clayton is to be arraigned on
the charge here today.
Clayton didn't resist federal
and county officers who seized
him at the farm home of relatives.
"I've been expecting you," offi
cers quoted him. "I've been wait
ing for you."
At Dallas, Tex., Ernest M. Gen
try, district supervisor of the
Mystery Hits
Salt Lake
SALT LAKE CITY (AP)-A cou
ple of heavenly happenstances
jarred and mystified Salt Lake
Valley residents last evening.
First there was an explosion,
later identified as a sonic boom
caused by a plane breaking the
sound barrier. Some observers
thought they saw a missile and
two chase planes in the sky. News
men were told that further infor
mation was classified, but that the
military knew of no missiles over
Utah at the time.
Moments later came the bal
loons two of them, one leaking
an odd-smelling gas. They floated
down from the sky and landed
southeast of Salt Lake City as
Henry Engh, 45, and his family
stood in their yard discussing the
blast noise.
' The boom thunderclapped over
come 30 miles of the valley, and
many residents ran outside to see
what caused it. Many reported
teeing the craft overhead two
tiny jets high in the sky follow
ing a larger, black craft. No
damage was reported.
Maj. Gen. Maxwell E. Rich,
Utah's adjutant general, identified
the noise as a sonic boom but
added: "All other information
about it is classified."
He said he saw no connection
between the boom and the un
marked balloons. He ordered an
Air National Guard unit to take
charge of the plastic objects and
try to identify them. The Weather
Bureau said they weren't- theirs.
As for the boom, the Strategic
Air Command headquarters at
Omaha said it had no operational
missile units in the Utah area.
Other missile centers and the1
Defense Department said there
was no missile firing yesterday
Federal arrntir Rnrean .aM
Clayton had been under investiga
tion lor several years.
"Strictly at a guess, based in
part on his lame number of ens.
tomers, I believe Clayton has
done at least one million dollars
worth of illicit business in high
grade heroin the nasi uivn nr
eight years," said Gentry.
He said there were indications
that Clayton had connections with
Mafia. A WnrlH Prima wA;nt-
and added: "We understand he
nas prominent connections in Kan
sas City."
... a puime
spokesman said the department
never naa neara of Clayton.)
Clayton lives on a secluded
farm in a unMeH ara I,. .
of Kansas City. He owns and flies
an airplane, said Gentry, using a
private landing strip on the farm.
The DlanP AnH a IUIV fav nionwj
by Clayton were confiscated.
ueniry sam tne investigation of
Clayton's activities led to the ar
rest July 12 of Queen Robberson.
78-year-old operator of a motel
at Amarillo, Tex. Gentry said she
had two ounces of heroin and five
ounces of other narcotics when
arrested.
He declined to say if others
were involved.
At Little Rock. HarnlH C Mn.
Kenny, Narcotics Bureau agent in
jcnarge lor Arkansas, said his of
fice originated the Clayton in
vestigation. He said additinnal
charges may be filed against
Clayton in U. S. District Court
Fort Smith, but didn't elah.
orate.
By ELMER C. WAI.ZER
LPI Financial Editor
NEW YORK (UPD An astute
Wall Street analyst ventures the
prediction that the market could
generate into a 10,000.000 share a
day affair in the not distant fu
ture.
He holds we are in a speculative
era and points out that 10.000,000
shares isn't very great on the
basis of stock listings which are
approaching the five-billion share
mark.
A 10-million day would be on a
basis of less than half the rate
of turnover of listed shares in 1929
when daily volume averaged 4,
276.808 shares.
If we were to equal the 1929
figure on the basis of a turnover
of 119 per cent of the present
4,883,000,000 shares listed, the dai
ly sales volume would amount to
22,176,956 shares.
We haven't had anything resem
bling a 10,000,000-share day since
Storm Sweeps
Hawaii Island
HONOLULU (UPD A tropi
cal storm which has already tak
en one life swept over the island
of Oahu today with winds of 50
to 70 miles per hour.
The disturbance struck the is
land of Hawaii early Thursday,
causing a plane crash that killed
Walter Moniz, 29, Hilo. His plane
crashed on a sugar plantation,
barely missing a group of work
ers, as Moniz attempted to land
in strong winds.
Injured in the crash were Fred
Jong, Honolulu, and Constantine
Gofas, 26, University of Hawaii
Student from San Francisco.
Jong, Honolulu, and Constantine
Gofas, 26, University of Hawaii
Student from San Francisco.
The weather bureau issued a
fale warning for all Hawaiian
waters today and warned there
may be lowland flooding.
OLD NEWS
Flames Lick
Wrecked Ship
NEWPORT. R. I. (UPI)-Gaso.
line-fed flames shot high over the
nuiK oi a wrecked tanker early
today, a vigil light to the 15 dead
and 36 injured in a two - ship
collision.
Navy and Coast Guard fire
fighting crews abandoned at
tempts to extinguish the raging
blaze in the S. S. Graham Thurs
day afternoon after nearly seven
nours oi futile battling.
The 1,475-ton coastal tanker,
carrying a million gallons of gaso
line, collided in a heavy fog at
the mouth of Newport Harbor
with a larger tanker, the 16,000-
ion uunou. lie resulting ex
plosions and fire formed a funeral
pyre for 15 crew members of the
Gulfoil, including the skipper,
Capt. Montreville Eden of Port
Arthur, Tex. Thirty - seven men
aboard.
The Gulfoil was outbound from
Providence where it had emptied
a cargo of oil. But the volatile
lumes in her holds made her "a
stock of dynamite," according to
one survivor.
Though the Graham burned un
controiiably her 13 - man crew
escaped.
Eleanor Plans
New Russ Trip
MEEKER. Cnln (IIPI1 Mr.
Eleanor Roosevelt said Thursday
sne win visit rtussia again next
month to see how the Soviets
handle their juvenile delinquency
pruuiems.
She said a visa fnr Ihn nrn
posed three - week Russian trip
was sent ner earner this week
from the Russian Embassy
Washington.
Mrs. Roosevelt toured the USSR
last year and talked with Soviet
Premier Khrushchev and other
top Russian leaders. ,
10 Million Share A Day
Seen By Market Expert
Kidnaper Goes To Death
For Most Despicable Crime
Town Seeking
Strike's End
LEADVILLE. Colo. (AP)-At 5
in the afternoon a church- bell
chimes in this two-mile-high min
ing city. It signals a call to pray
er that a labor strike may be end
eda strike that is crippling his
toric LeadviUe's economy.
The bell is high in the tower
of Annunciation Catholic Church.
The Rev. James B. Hamblin, pas
tor, arranged for a rosary serv
ice daily at 5 p. m. until a strike
is settled at the Climax Molybde
num Co. Father Hamblin tugs the
bellrope himself.
About 1,100 workers have been
on strike since July 21 for higher
wages at the Climax mine, farther
up the valley.
The payroll for the workers on
strike ran more than $100,000 a
week with the average wage $2.41
per hour. Union members asked
a 13 per -cent increase. Company
Manager Robert Henderson first
said this is out of the question
However, Henderson said after
a meeting yesterday that com
pany officials had taken under
study the union proposal for the
13 per cent wage increase but
stipulating it would extend over a
two-year period.
The. mine produces most of the
country's molybdenum, a white
metal used mainly to harden
steel.
"The rosary has been
powerful prayer for Christians
throughout the entire history of
the church," Father Hamblin said.
"Whenever Christianity lias
been threatened, people have
turned to Almighty God and his
blessed mother for help. They will
help us now in the troubles that
have come upon our community.
July. 21, 1933, when volume totaled
9.572,020 shares, largest day of that
year.
Back in 1929 we had some Dig
days 12,894.650 shares on Oct. 24,
1929; 16.410,030 shares on Oct. 29,
1929, the all-time record; and
10,727,320 shares on Oct. SO, 1929.
In the week from Oct. 24 to Oct.
30, 1929 (Thursday to Wednesday!
stock market turnover amounted
to the eiant total of 57.256.000
shares. The recrd regular week
that ended Nov. 2, 1929 brought
out a volume of 43,499,540 (hares.
The present high-speed tickers
can take fairly large markets
without running too far behind. It
all depends on the size of the
transactions.
Back on June 27, 1950, the sec
ond session after the Korean War
started, sales totaled 4,860,000
shares and the tape at its latest
was 27 minutes behind the mar
ket. That was a record lateness
for the present tickers. '
On Oct." 24, 1929, when sales
totaled 12,894.650 shares, the tape
set the lateness record for the old
magnetic tickets. The close wasn't
reached that day until 7:06 p.m.,
four hours and six minutes after
the gong had ended trading on the
exchange.
On Oct. 29, 1929 when sales set
the daily record at 16,410,030
shares, the tickers caught up at
5:29 p.m., two hours and 29 min
utes after the market closed. The
reason for the faster action that
day was that sales were executed
in huge blocks.
It would be a good guess that
if the current volume should rise
to seven or eight million shares,
the ticker would be a half hour
or more behind the market.
If we were to have some 10,-
000,000-share markets, it wouldn't
take long before 1958 overtook
1935 in volume and that would
mean the heaviest dealings since
1933.
All this guessing comes at a
time when the margins have been
boosted from 50 per cent to 70
per cent, and when the President
is talking about trouble ahead if
management and labor do not
hold down -profits and wage in
creases to reasonable levels.
Somehow the market men do:
not feel there will be any controls
imposed. They say controls Just
wouldn't work in peacetime
And they add that the push of
inflationary pressures Is going
ahead and that it will be a big
factor in the market for some
time even if margins would be
hoisted to 100 per cent which
would mean a cash market.
TOKYO GETTING BIGGER
TOKYO (UPD-The population
of Tokyo, regarded as one of the
world's biggest metropolitan areas
rose to 8,797,035 as of July 1, an
increase of 299,364 over the past
year, the Tokyo' Statistics Bureau
reported today..
OSSINING, N.Y. (UPD-Angelo!
John La Marca was executed
Thursday night for the world's
most despicable crime the kid
nap and abandonment of a help
less miant.
La Marca, 33. father of two,
confessed he had kidnaped month-
Knife Wounds
Kill Woman
FRIENDS INVITED
The Rev. Selmar Jacobson, for
mer pastor of the onetime Cove
nant Churah now occupied by the
Klamath Falls Gospel Mission, will
speak at the Saturday night service
August 9 at 7:30 p.m. at the mis
sion. The pastor has many friends
in Klamath Falls who are invited
to be present. A special feature of
the service will be by Mrs. Nor
man McCue. Los Angeles, who Is
in Klamath Falls with her husband
and 2-month-old son, for a visit
with her parents, Mr. and Mrs.
John Petersen, who are in charge
of the mission.
NEW PINE CREEK Lair
Gentry of New Pine Creek found
a special copy-righted issue of the
March 18, 1897, issue ot The ex
aminer (now the San Francisco
Examiner) in the old Keller Flour
Mill. The issue told of the Corbett
Fitzsimmons fight at Carson. Ne
vadaround for round with stor
ies by the antagonists as well as
those of the professional writers
and commentators. The odds were
100 to 70 against Fitzsimmons'
spectacular victory as he was only
a middleweight champion when he
fought Corbett, the heavyweight
champion.
COME EARLY
SAN LEONARDO, Italy (UPD
Wine will flow like water out of
a new fountain in this hamlet in
north Italy when it is inaugurated
on Sunday.
But it will be only for an hour
during the inauguration ceremony.
After the 220 gallons of wine is
used up water will flow indefi
43 NOV'S THE TIME! 43
USDA Graded m
BEEF 43k
Cut and Wrapped for your
Locker or Freezer!
SUPER PACKING CO.
Off Bristol Avenue near
. c Summer's Lane '
(No Phone Orderi Please)
The
Welcome Wagon
Hostess
Will Knock on Your Door
with Gifts & Greetings
from Friendly Business,
Neighbors and Your
Civic and Social
Welfare Leaders
On the occasion of:
The Birth of a Baby
Engagement
Announcements
Arrivtl of Newcomers to
KlarrMfe Palls
No cost or obligation!
fchono TU 4-6185
HURRY! ENDS SATURDAY
VERN OWENS'
FRIGIDAIRE
BABY PHOTO CONTEST
IN LIVE COLOR
No Oblgation
man
died
GROVE. Okla. (AP)-A
described as "fighting wild'
unaer unexplained circumstances
yesterday after his sister-in-law
was stabbed to death minutes
earlier.
An autopsy was performed to
determine cause of death of Clar
ence a. Thompson, but results
were not disclosed.
The sister-in-law. Mrs. Emma
Thompson, was stabbed several
times in the neck with a hunting
knife. She died en route to a hos
pital.
Sheriff George B. Francis said
neighbors who heard the wom
an's frantic screams summoned a
deputy sheriff then wrestled with
Thompson before managing to
handcuff him to a porch post.
ine snerur said when he ar
rived at the home, the man was
bound to the post and appeared
unnarmea. Minutes later he went
outside and found Thompson dead.
Touring Meg
Has Dav Off
FREDERICTON. N.B. (AP)
Princess Margaret rested todav
at a secluded summer cottage on
the St, John River before going
to see ine trotters.
The touring princess had a dav
off until the local harness race
meeting tonight. Since Margaret
and the rest of the royal family
are Britain's first turf enthusiasts,
the night's engagement also comes
under the head of pleasure.
Margaret's schedule yesterday
took her to seven major appear
ances nere in New Brunswick s
capital, climaxed by a dinner
given by the province. 1 Premier
Hugh John Fleming presented a
handwoven wool skirt to the prin
cess, who was wearing a pale blue
gown studded with Jewels.
Two unscheduled happenings
gave" officials the jitters. A fire
broke out in the basement of the
Canadian Pacific Telegraph Build
ing lust after Margaret's motor
cade passed by. It was quickly
extinguished. Then a branch from
one of Fredericton's tall elm trees
crashed into the street near the
Legislature Just before she ar
rived. It brushed spectators as it
fell but no one was hurt.
old Peter Weinberger two years
ago lor 12,000 ransom, and then,
in a fit of panic, left the child to
die under a honeysuckle bush on
an isolated roadside.
But as La Marca became pan
icky when he stole the child, he
was calm when he went to his
death at 11:03 p.m., e.d.t.. In the
Sing Sing Prison electric chair.
The debt-ridden mechanic, who
bought a house and a car he could
not afford, was alert and almost
aggressive when he was led into
the death house by the prison
Roman Catholic chaplain, Rev.
George Kinney.
What are you trying to oo.
choke me," La Marca snapped at
the executioner as he strapped the
death hood in place. Then he
braced himself by putting bis chin
on his chest.
His last meals were hearty-
spaghetti and meat balls for lunch
and roast chicken, potatoes ana
cake for supper.
La Marca spent most of the day
with his wife, Donna. He kissed
his children. Vivian. 7. and Vin
cent, 11, goodbye and even tried
to explain to Vivian what he
meant by his final farewell.
But even after La Marca said
goodbye to his children he tried
desperately to hang onto his life.
He had received six stays of exe
cution and his attorney made a
radio appeal for a seventh an
appeal to the public to send tele-
grams of mercy to Gov. Averell
Harriman. Some 500 telegrams
were sent, but no word came
from the governor and La Marca
was led into the death house right
on time at 11 p.m.
Some 60 miles away, at the
home of Morris Weinberger,
where on July 4, 1936, La Marca
kidnaped Peter, there was only
silence. The lights were out and
the Weinbergers were in seclusion
reportedly at a friend s house.
TRIP IS COSTLY
ELIZABETH, N.J. (UPI) It
cost Kenneth Kline approximately
$33.33 an inch Thursday for an au
tomobile trip he made.
Kline, previously convicted of
drunken driving, was fined $200
for disobeying a court warning
not to drive again. Police nabbed
him after he had only gone six
inches.
Dexall
TniotM
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34 hour.
$1.20
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WW
n mm
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GIVEN TO PARENTS OF CHILDREN ENTERING
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124 North 4th
Phone TU 4-8365
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LLSTATE'
IT'S A WONDERFUL ST!
y , ft n C. witft iftJpftM iihH
ntJ H saint'. Mn ftlt Shottl. 111.
Saturday,
Check
List
OF GOOD VALUES
jumpers
only $12.98 . . . instead of $14.98. easy
fitting slim lines, 8 big mother of
pearl buttons down the front, more
buttons in back with inverted pleats,
wool flannel, red or charcoal, use
your deb account.
jacket dresses
only $15.98 . . . instead of $18.95. drip
dry shag bark, young full skirts, cum
merbund effect, square n&k in back,
scooped neck in front, brown -black
and red-black, cute fully lined jackets.
2-nc. dresses
only $12.98 . . . should be $15.98. fine
2-ply cotton plaids in royal green or
red-grey, perky white linen bow at
standaway neckline, overblouse fits
loose, smartly detailed back, real cute.
trans-season cotton dresses
only $12.98 . . . should be $16.98. soft
casual step-in with pleats and tucks
blending front and back panel with
double row of buttons, white faille
over collar, new shadow plaids in
toast-black or royal-black.
cashmere coats
only $55.00 . . . luscious imported
cashmere, luxury loomed, milium
lined in nude, bahama, black, blue,
you know the true value of such a
cashmere coat.
regular 30-day charge account
convenient revolving charge plan
deb account for the teens
lay-a.ways
reversible skirts
only $9.98 . . . nationally $11.98. beauti
ful plaids, smart colors, permanent
pleats, completely washable, perfect
r I 1 . l 1
ior DacK-io-scnuui. i
fWutjTj- nr - tr ruvijvvruvjriJVJV'iji,.riri.ri-nri rrm" V"ii- -i--
nylon hose
in all the west only LaPointe's has
"Better Than Gold" 60 gauge, 15
denier hose, box of three pairs, $1.95
. . . that's only 65c per pair, they com
pare favorably with hose selling na
tionally for $1.35 per pair.
back-to-school sweaters
short sleeve pullovers only $3.29 . . .
nationally $3.98. cardigans only $4.98 i
. . . nationally $5.98. completely wash-;
able, smart elegant, new looking fall
tops, all new fall colors, use your deb :
accounts.
shorty pj's
only $3.49 . . . regularly $4.50 as adver
tised in life magazine, plaid sailor
shirt top with bermuda shorts, drip
dry cotton in aqua or red plaid.
cotton robes
only $5.49 . . . regularly $5.98. button
down collar, roll cuffs, large patch
pocket, drip-dry plaid, just right for
back-to-school.