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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Aug. 21, 1958)
THURSDAY. AUGUST 21, 1958 PAGE 6 A HERALD AND NEWS, KLAMATH FALLS, OREGON MARKETS and FINANCE STOCKS i WALL STREET NEW YORK (AP) The stock market closed higher today with advances shown by oils and cop pers. Gains of key stocks ran to a fioint or so. There were scattered osses. The coppers which had been well ahead, gyrated as the House tentatively killed a domestic min erals subsidy bill, then brought it back to life on a roll call vote. Volume for the day was esti mated at 2.400,000 shares com pared with 2,460,000 Wednesday. NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation Allied Chemical A His Chalmers Aluminum Co. America American Airlines American Can American Cyanamide American Motors American Smelting American Tel. & Tel. American Tobacco Anaconda Copper Armco Steel Atchison Railroad Bendix Aviation Bethlehem Steel Boeing Airplane Company Borden Co. Borg Warner Burroughs Corp. California Packing Canadian Pacific Caterpillar Tractor Celanese Corporation Chrysler Corporation Cities Service Consolidated Copper Consolidated Edison Crown Zellerbach Curtiss Wright Douglas Aircraft du Pont de Nemours Eastman Kodak El Paso NG Emerson Radio Ford Motor General Dynamics General Electric General Foods General Motors Georgia Pac Cp. Goodyear Tire Great Northern Great West. Sugar Idaho Power International Harvester International Paper Johns Manville Kaiser Aluminum Kennecott Copper Libby, McNeill Lockheed Aircraft Locw's Incorporated Montgomery Ward National Cash Reg. New York Central Northern Pacific Pacific Gas & Electric Pacific Tel. & Tel. Penney (J. C.) Co. Pennsylvania Railroad Pepsi Cola Co. Philco Corp. Phillips Pet. Polaroid Puget Sound P & L Radio Corporation Rnyonicr Incorporated Republic Steel Reynolds Metals Richfield Oil Safeway Stores Inc. St. Regis Scott Paper Company Sears Roebuck & Co. Shell Oil Co. Sinclair Oil Socony Mobil oil Southern Pacific Sperry Rand Standard Oil California Standard Oil N. J. Studebnker Packard Sunshine Mining Swift It Company Thompson Products Transnmerica Corporation Twentieth Century Fox Union Oil Company Union Pacific United Air Lines United Aircraft United Corporation United States Plywood United States Smelting United States Steel Warner Piclures Western Auto Supply Western Union Tel. Westlnghouse Air Brake Westinghousc Electric Woolworth Company 86 28 79 22 K 46 Vt 48 16 44 183 87 51 56 23 58 45 43 71 V4 32 36 45 2BW 80 Vt 18 53 60 13 52 52 28 58 118 118 32 6 42 59 63 88 43 43 87 41 28 43 37 106 46 33 94 10 51 18 38 68 19 44 55 134 95 13 23 18 47 64 '. 29 34 19 56 57 87 33 V, 38 69 33 83 61 47 52 20 51 55 74 6 7 36 57 25 33 49 30 29 64 8 39 35 ' 72 20 18 24 26 Rl 47 MARKETS AT A GLANCE NEW YORK (AP) Slocks Higher; coppers and oils advance. Bonds Mixed; governments decline. Cotton Irregular: hedging and commission bouse demand, Chicago: Wheat Narrowly Irregular; mixed trade sentiment. Corn Steady to weak; light trade. Oats Steady to easier; light trade. Soybeans Lower; late liqui dation. Hogs Steady to 25 cents low er, top S21.25 very sparingly. Cattle Slaughter steers steady U weak; top $27. LIVESTOCK PORTLAND (AP) - (USDA1- Cattle salable 100; market mod erately active, steady; one load choice 1,293 lb fed steers 25.50; utility slaughter cows 17.00-19.00; canners and cutters 14.50-17.00. Calves salable 25; market about steady; choice vealers 27.00-29.00; good 26.00-27.00. Hogs salable 100; butchers most ly 50 cents lower; U. S. No. 1 and 2 grade butchers 23.00 - 23.50, mixed grade lots 22.00-22.75. Sheep salable 250; market about steady; good slaughter lambs at 19.00-19.50; common and medium lightweight feeders 14.00 - 17.00; cull to good slaughter ewes 3.00-6.50. STOCKTON (UPI - FSMNS) - Livestock: Cattle salable 25. Market untest ed. Calves salable none. Hogs salable 25. Not enough to test prices. Sheep salable none. CHICAGO (AP) USD A Hogs 5,500; butchers steady to mostly 25 lower; 1-3 200-225 lb butchers 20.00-20.25 a few lots 1-2 these weights 20.25-20.65; a lot Is 210 lbs uniform in weight and grade 20.75; 30 head lot selected Is 220 lbs to 21.25; 2-3 230-270 lbs scarce at 20.25 to mostly 20.50; mixed grade 180-195 lbs unevenly 19.00 20.00; mixed grade 400-500 lb sows 18.00-19.00; most 300-400 lbs 19.00- 20.00. Cattle 1,000; calves 100; steers few loads and a lot good and choice 1.000-1.300 lb steers 24.50 27.00: a few standard and low good 23.00-24.25; a small lot utili ty and standard Holstein steers 22.00; several lots good and low choice 800-925 lb heifers 23.50- 25.00: utility and commercial cows 18.00-20.50: canners and cut ters 15.75-19.00: a few light weight canners down to 15.00; utility and commercial bulls 21.50-24.00: s few good heavy bulls 21.00-22.00 good and choice vealers 29.00 32.00; utility and standard 19.00 29.00; culls down to 12.00; several loads largely good 756-950 lb feed er steers 24.60-25.60. Sheep 1,000: fully steady on all classes; good to prime spring lambs 73 - 98 lbs 22.00 - 25.50; cull and utility 17.50 - 21.00; cull to choice slaughter ewes 5.00-7.50. JAY SORSETH Photo by Bennett City Planning Street Dance LAKEVIEW There will be danc ing in the streets of Lakeview on the evening of Saturday, August 23, and Jupe Pluvius has been is sued orders to withhold his activi ties so that nothing will dampen the merriment of the local folk who are getting into the spirit of the coming Lake County Roundup and Fair. Headed by Jay Sorseth, the merchants committee of the Lake County Chamber of Commerce has arranged for roping off the block between Center -and First on E Street South. There will be no charge and music is to be furnished by a local pick-up band. The hours are from 9 to 12. As a feature attraction there will be a demonstration of square dancing by the Timber Twirlers at 9 p.m. Masons Hold i Crater Meet Masonic bodies of 11 states and Canada, with 285 members repre senting 87 lodges, gathered re cently at Crater Lake National Park to put on degree work for California and Oregon candidates and the first and second sections of the Oregon degree. Highland Park Lodge, No. 382, Los Angeles, put on the work for a California candidate Robert Sim monds Jr., whose father, Robert Simmonds Sr., is a member of the same lodge. The senior Sim monds is a former resident of Klamath Falls and served as wor shipful master of Crater Lake Lodge, No. 211, this city wnen it was instituted in 1948. Also present among other Ma sonic dignitaries were Ernest Wal- lin, master of Crater Lake Lodge which put on the first section of the Oregon degree, and Paul Kin kaid. master of the Klamath Falls lodge which put on the second section. George Vlahos. son of Gus Via hos, Klamath Falls, received the master Mason degree during the ceremonies. KF Man Dies In Portland Archie Patterson, about 48, res ident of Klamath Falls for several years died August 20 at the Vet erans Hospital, Portland, where he had been a patient for some time. Funeral services will be held at 2:30 p.m. Friday, August 22, at the A. J. Rose and Son, Funer al Home, Southeast Sixth and Al der Street, Portland. He was a veteran of World War II, serving overseas. He had never married. Survivors Include his mother Mrs. Minnie Patterson, Klamath Falls; two brothers, lvie Patter son, Salt Lake City, and John Patterson Jr., Klamath Falls; also three sisters, Mrs. Chnrlese Carr, Manhattan Beach, California, Mrs Herman Langjahr, Anaheim, Cali fornia, and Mrs. Russell Weber, Mollala. Mr. Patterson had been em ployed for many years by the Great Northern Railway. Council Holding Lumberjack Fete McCLOUD The McCloud Com munity Recreation Council is hold ing its Eighth Lumberjack Fiesta this weekend. August 23 and 24. The evening of August 22 will be starting time for the event with a preview showing of the aqua cade at the McCloud swimming pool. Following this main attrac tion will be teen-agers dance with music by Curtis Baker and his Rock n Rollers. The full program of the fiesta will get under way at 2 p.m. Saturday with a carnival, horse show, hole-in-one golfer's contest, gem and mineral show, flower and hobby show, Little League base ball game, junior boxing contest and a continuous operation of the miniature railroad; a major at traction for young and old alike. The aquacade, a full scale pre cision water ballet, features more than 30 lovely young mermaids and consists of 12 numbers. Eu gene Mason is coach and director. Following the aquacade will be the Monte Carlo Ball. Music is to be by the Hottentots. This band. led by Sam Mazzei, has played for all previous fiesta dances. Sunday s program will be much the same with the exception of drawings for 10 prizes. Visitors are reminded of the fact that the elevation of McCloud is near the 3,300 foot mark and comfortable, cool temperatures may be expected, Al Morgan, com mittee chairman, said. GRAINS PORTLAND (AP) Coarse grains, 15-day shipment, duik, coast delivery: Oats No. 2, 38 lb white 48.50-49.00. Barley No. 2, 45 lb western 46.50-47.00. Corn No. 2, yellow, eastern shipment 60.75-61.25. Wheat (bid) to, arrive market, basis No. 1 bulk delivered coast: Soft White 1.94; Soft White (hard appl.) 1.94; White Club 1.94. lied Red winter: uroinary i.m: 10 per cent 1.94; 11 per cent 1.95; 12 per cent 1.95. Hard White Baarl: 12 per cent 2.10. Car receipts: Wheat 174; barley 39; flour 28: corn 3; oats 3; mill feed 9. POTATOES SAN FRANCISCO (UPI-FSMNS) Potatoes: Round reds per lug San Mateo County 2.00-2.50. LOS ANGELES (UPI-FSMNS) No trading In Oregon potatoes today. CHICAGO (AP) Potatoes ar rivals 73; on track 188; total U. S. shipments 337; russets slightly weaker: others about steady: Washington Russets 3.20-3.25; Washington Long Whites 2.65; Ida ho Oregon Russets 3.10-3.15: Idaho Oregon Long Whites 2.75: Wiscon sin Round Reds 2 10; California Bakers 3 75-3 85; Minnesota Rus sets 2.25. CHICAGO (AP) Wheat No 2 mixed 1.79. Corn No. 2 yellow 1.34: No. 3 yellow 1.31-34; No. 4 yellow 1.31-32. Oats No. 1 ex tra heavy white 65-66; No. 1 white 65. No soybeans. Soybean oil 910; soybean meal 57.50-58.00. Barley: malting choice 1.20-1.40; feed 94-1.05. - - I - . . A v f"- 1 v 1 W " VK, f ' '' ii :f-z: iwnniw , ' ft " ' 1 EUGENE M. HAMMOND Eugene M. Hammond Dies; Basin Resident Since '86 Eugene (Gene) Hammond, 86, a native of Iowa, and a resident of the Klamath Basin since 1886, died in Grenada, California, at the home of his only son William Hammond, on August 20. The family home is on the Mcrrill-Malin Highway. Mr. Hammond devoted his life time to livestock raising and ranch ing and to interest in the progress of the Klamath country. He came to Portland from San Francisco by boat, overland to Klamath County and to Merrill where he homestead- WILL SIGN TREATY ZURICH, Switzerland (UPD France and the United Arab Re public will sign a treaty Friday calling for resumption of normal economic and cultural relations, the French consulate general an nounced Wednesday. Teamos, Truck Industry Mediators Still Apart SAN DIEGO (UPI) Team- the Oregon border and into Nev- MARKED FOR SALE . McCLOUD - About 15 million board feet of timber is being cruised and marked for sale near SlaRger Camp at Belnap Srpings. east of McCloud Dave Scott, assis tant U.Mh ranger, said that most of the timber is white fir and the stand also contains some pondero sa and sugar pine and ineensc cedar. The sale is presently sched uled to be made by midsummer Of 1959 CHICAGO (AP) The grain futures market was draggy again todav and prices steady to easier most of the time on the Uoard oi Trade. September corn was under the heaviest pressure and was off well over a cent a bushel at times while other price shifts generally held within fractions. Trade was slow and dealers awaited some indication of a mar ket trend before reinstating or li auidating present positions. Carlot grain receipts in Chicago were estimated at: wheat 6a cars, corn 220, oats 21, rye 4, barley 19 and soybeans 3. Liquidation of soybeans gained speed in the final few minutes of trading and prices slipped from major fractions to more than cent. At the close, wheat was cent a bushel lower to higher, Sep tember Jl.82: corn lower to higher, September $1.26lk; oats unchanged to lower, September rye unchanged to high er, September $1.21; soybeans i m lower, September $2.22'-; lard unchanged to 10 cents a hun dred pounds lower, September $12.67. J sters and trucking industry rep resentatives were reported as far apart as ever today in talks to end a 10-day strike lockout of common carrier freight haulage in the West. Spokesmen for the Western Con ference of Teamsters and the California Trucking Association met Wednesday in "exploratory" sessions but broke up with no progress reported. Federal mediators scheduled new meetings today in hopes of finding a solution to the dispute which has tied up three quarters of the shipments west of Chicago. The lockout, called Aug. 11 by the CTA when members of Team sters Council No. 38 of Sacramen to struck, has idled an estimated 100,000 union members in 11 west ern states. Council 38, representing Team sters from Bakersfield, Calif., to ada, walked off the job in protest over a master contract negotiated last May 27 between the trucking association and the Western Con ference of Teamsters. Members of the striking council claimed they never ratified the master pact and therefore were not bound by its provisions which provided for pay raises of 10-cents hourly over a three-year period The CTA contended that the master contract was in force and one member of the organization was a strike against all. A lockout was called Still pending is a decision by the state Department of Employ ment on whether thousands of California Teamsters will be eli gible for unemployment insurance. it tne Department ot employ ment should rule that the drivers are not eligible for benefits, the CTA would be in a better position to maintain its stand, members of the association said Oregon Weather Western Oregon Partly cloudy through Friday. Scattered after noon and evening thunder showers with locally strong gusty winds. Mostly cloudy nights and morn ines along coast. High Friday 85- 95 with 65-75 along coast. Low Thursday night 50-60. Winds along coast north to northwest 5-15 miles hour except increasing on south coast in afternoons to 15-25, occasionally 20-30. Eastern Oregon Partly cloudy through Friday. Scattered after noon and evening thundershowers with local strong gusty winds. Not quite so warm Friday. High 90 98 in north and 80-90 in south. Low Thursday night 50-55. Baker and vicinity Partly sunny Friday with scattered after noon and evening thunderstorms mostly along the Cascades. Highs 85-90. Low Thursday night 48-53. Grants Pass and vicinity Partly sunny Friday with scat tered afternoon and evening thun derstorms. High near 90. Low Thursday night 58-63. Northern Oregon Beaches Night and morning fog and low clouds. Sunny Jjnday atternoon. Temperature range 54-70. Beach winds northwest 5-15 miles an hour. Loggers Fire Weather Contin ued high fire danger West and Cen tral Oregon through Friday. Scat tered afternoon and evening light ning with gusty winds vicinity of storms. Lowest humidities west of Cascades near 30 per cent. ed. He used a horse-drawn scrap er to help dig the canal that takes water today to the south section of Klamath County, taking his pay in water for his own land. He had served for many years as president and director of the Klamath Productive Credit As sociation, as president of the Klam ath Irrigation District and the early day Van Brimmer Ditch Company. He also helped to or ganize the Merrill Volunteer Fire Department. Mr. -Hammond is survived by the widow, Mrs. Mary Louisa Colwell Hammond, Merrill; a son, William (Bill) Hammond of Grenada; four grandchildren, John P. Hammond of Grenada. James E. Hammond, Merrill, Mary Walker, Merrill, Bet ty Mae Hammond, Grenada; five great-grandsons, and a niece, Mae Manning-of Watsonville, California. Funeral services will be held in St. Augustine's Church, Merrill, Saturday morning, August 23, time to be announced later by O'Hair's Memorial Chapel. Recitation of the Rosary will be Friday, August 22, in O'Hair's Memorial Chapel. Final rites and interment will be in Mt. Calvary Cemetery, Klamath Falls. Fire Activity Peak Reached After reachine'the season's peak of activity in the 24-hour period ended at 9 a.m. weonesoay, crews of the Klamath Forest Pro tective Association had relatively few fires to deal with during the day following. Late Wednesday morning, two fires west of Klamath Falls were reported to the KFPA. One was on the Jackson-Klamath County line, just west of Parker Moun tain. The other, on the Copco road west of Grizzly Mountain, was handled by a Weyerhaeuser Tim ber Company Camp Four crew. Wednesday afternoon, KFPA crews brought a fire north of Wey erhaeuser Camp Six, near Klipple Lake, under control. Thursday morning, a crew from the Yamsay Ranch, at the head of the Williamson River, went to work on another fire reported to the KFPA, this one in the Kings Cabin area. These four fires were all caused by lightning, and all involved sin gle trees. The KFPA reports that one of its crews and another from Wey erhaeuser Camp Six spent hours last night in the canyon of the north fork of the Sprague River looking in vain for two fires that had been reported. Not only did they not find the fires then, but this morning there was no smoke visible over the area. The KFPA also reports that the total number of fires it has han dled this season is now 77. Of these, only nine were man-caused Furthermore, only one fire the first of the season has been of class B (over V acre) magnitude. That first fire covered five acres. V ' I iLiuk l&m J DEPUTY RETURNS Deputy Sheriff Dale Mattoon re turned to Klamath rails wednes day afternoon with Glen Charles Hatch, 41, Chiloquin, wanted here on a charge of forgery. Hatch, who was arrested in Sacramento, was alleged to have forged the name of Ora Summers, a rancher, to a $125 check on or about Jan uary 26. Hit-Run Hearing Held In Dorris NEIL HURLEY Hurley Given UF-RC Post Neil Hurley, local general insur ance ager-t, has been named chair man of the public service division for this year's United Fund - Red Cross campaign, it was announced today by Dick Laudenschlager, campaign chairman. Such business organizations as banks, finance offices, insurance and real estate agencies, hotels, the press, radio, printing shops, cleaners and laundries lau wunin the public service group. Hurley will name unit chairmen shortly for each of the above groups. Hurley came to Klamath falls in 1946 from California, and for the past two years has been as sociated with the Driscoll and Padgett insurance agency. He is married and has lour children, two boys and two girls. He is a member of the BPOE and an offi cer in the Knights of Columbus. Cafe Burglar Overlooks Money A burglar, possibly an amateur. entered the Victory Cafe at 1343 South Sixth Street but overlooked more money than he took, city po lice reported Thursday. The burglar forced open" a back door sometime Tuesday night or Wednesday, after breaking open a window that stuck when he tried to raise it. Missing was a type writer, a carton of cigarettes, two cartons of gum, and $5 to $10 in coin. What the burglar missed, cafe operator W. W. Schuldheise told police, was $33 in tight, easily- carried rolls of nickles. DORRIS Norman Dale Cox, of 65 Pine Street, Klamath Falls, was bound over to Siskiyou County Superior Court on a charge of failure to stop and render aid, a felony, at a preliminary hearing held before Judge Les Chase of Dorris Judicial Court Wednesday. Air Force S. Sgt. Mar vin C. Nicholson, 79 Pine Street, who is attached to Kmgsley Field, appeared against Cox. The ser geant said that on the early morn ing of June 16, 1957, Cox was driving Nicholson's 1957 Ford sedan from Weed to Klamath Falls, with Nicholson as a passen ger. Just south of Juniper Lodge on Highway 97, according to Ni cholson, Cox wrecked and demol ished the car and. leaving Nichol son unconscious in a ditch beside the road, hitched a ride into Klamath Falls. Judge Chase continued Coxs bail at $1,000. Cox was taken to the Siskiyou County Jail in Yreka. BRUSH FIRE DUNSMUIR The U.S. Forest Service charged John Hansen, 68, a transient, with being responsible for a brush fire which burned about one fourth acre near Mott last week. Hansen was tried in Duns muir Justice Court on Monday and sentenced to 10 days in the Siskiyou County Jail. BOUND OVER DORRIS Jessie Lee Harrington. Dorris, charged with the theft of a cow and a calf, was bound over to the Superior Court Wednesday by Judge Les Chase after a pre liminary hearing in the Doris Ju dicial Court. Jhe complaint had Deen tiled Dy Mrs. Alary E Noakes, Macdoel, who claimed ir.ai Harrington had stolen a 4-year-old Hereford cow and 3 months old Hereford calf, both belonging to her. Judge Chase dropped the $5,000 bail and re leased Harrington on his own recognizance. Woman Resting After Accident Mrs. K. A. Moore, 2045 Lerojr Street, was reported resting com fortably in Klamath Valley Hospi tal Thursday following an auto mobile accident Wednesday noon. City police reported that the brakes failed on the car Mrs. Moore was moving out of her driveway. The car rolled a block and a half down the street, cross ing Pacific Terrace, and crashed into a tree on the left side of Leroy Street. Officers said the car was badly damaged in front. Mrs. Moore was given initial treatment in her home then taken to Klamath Val ley Hospital where she was given X-ray examinations. Hospital attendants said the ex tent of her injuries had not been determined Thursday morning. Weather Table Max. Mfn. Prep, Baker 91 62 Bend 85 53 Eugene 91 58 Lakeview 80 52 Medford 94 59 Newport 65 45 North Bend 64 53 Pendleton ' 95 69 Portland 92 63 Redmond 90 60 Roseburg 88 59 Salem 94 59 BARN TAKES BEATING The barn belonging to Homer Fields, who lives five miles north east of Merrill, took a severe beat ing in last evening's storm, which brought rain, lightning and strong wind to the area. The storm blew the roof off the barn about 6 p.m. Later it was discovered that the rest of the barn had been moved slightly off its foundations. , MEN ARRESTED Two ' Merrill men were ar rested Wednesday night on dis orderly conduct charges following a fist fight on Main street in Mer rill, state police said. Lodged in the county jail were James David Hughes, 24, 151 East Front Street, and Rodney Richard Lyon, 22, Merrill. Officers said the pair was causing a disturbance and using profane language. GLADS 75-.. Vt Dor. Cash & Carry SUBURBAN FLOWER 3614 So. 6th TU 4-8188 GUESTS INVITED WEED Siskiyou County Peace Officer Association members will Invite guests for the picnic barbe cue and dance to be held Saturday night August 23 at Pleasure Park in Etna. The picnic will begin at 6 o'clock and the barlvcue supper will be served at 8. George Dill- man, Etna constable, Is chairman the basement floor was damaged BURNED FLOOR When W. J. Easter arrived at the California Cash Grocery Store, W.iO California Avenue, to open up shortly alter 7 o'clock Thursday morning, he saw enough smoke swirling about inside that he de cided the city firenvn should go in first. Firemen discovered the source of the smoke in the base ment of the store where part of the floor was burning for reasons as yet unexplained. Only part of of the event and will oversee the hut the smoke did some harm to preparations. I the stock upstairs. FINAL CONNECTION of a 1,300-foot pipeline connecting a million gallon reservoir north of Washburn Way with south suburban water mains was completed Wednesday by Oregon Water Corporation crews. Twelve-inch asbestos cement pipe was used for the first lime in the city water system. The line is designed to increase water pressure along Altamont Drive and at the airport and Klngsley Field and will be extended to Summers Lane this fall. Oregon Water crews under foreman Ralph Nelson laid the pipe, and trenching and backfilling was done lay S. A. of Klamath Falls. The total project is expected to cost $7,000. WI-NE-MA ELEVATORS. INC. Marketing For Your Advantage! NOW IN 5 LOCATIONS TO SERVE YOU! We Now Have a Big, New Elevator at DAIRY. OREGON as well as: O STRONGHOLD O TULELAKE o MALONE O WESTSIDE Government Approved and Bonded! o
