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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Dec. 23, 1958)
PAGE FOUK MARKETS and FINANCE Editor"! Note: Thl mmrkot r port lilted blow arc jeour dij'i mtrktlt, aai todoy'o. and are carried ai a oerrleo to thoia lubtcrlberi In early de livery zenea which make publi cation of dally marketa Impoa lbla within the root aehednle. Stocks WALL STREET NEW YORK (AP - The tock market closed lower today with trading quiet. Volume lor the day was esti mated at 3,10(1,000 shares com pared with 3,540.000 Friday. Pivotal issues fell fractions to about a point. Gains and losses of selected issues covered a wider range. Oils were hit by news the Ven ezuclan government is raising to 60 per cent from 50 per cent the tax and royalty payments of oil firms operating there. Most affected was Creole Petro leum, subsidiary of Standard Oil (New Jersey). Creole dropped about four on the American Slock Exchange. Jersey Standard dropped more than a point. Royal Dutch was down more than a point and Gulf Oil about two. Goodrich rose more than three. Zenith over two and Rhecm be yond a point. Eastman Kodak was about two points to the good. U.S. Steel and Republic Steel were flown about a point each. American Telephone and Loril lard dropped more than a point each. General Dynamics advanced about a point. International Nick el, Anaconda and Raytheon were losers in me one-point zone. U.S. government bonds declined NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation Alaska Juneau Allied Chemical All is Chalmers Alcoa American Airlines American Can American Cyanamide American Motors American Smelting American Tel & Tel American Tobacco American Viscose Anaconda Copper Armco Steel Atchison Railroad Bendix Aviation ' Bethlehem Steel Boeing Airplane Co. Borden Co. Borg Warner Burroughs Corp. California Packing Canadian Pacific Caterpillar Traclor , Celanese Corporation Chrysler Corporation Cities Service Consolidated Copper Consolidated Edison Continental Can ' Crown Zellerbach Curtlss Wright' Douglas Aircraft Dow Chemical Du Pont de Nemours Eastman Kodak El Paso NG Emerson Radio Firestone Tire Ford Motor General Dynamics General Electric General Foods General Motors Georgia Pac Corp. Goodyear Tire Great Northern Great West. Sugar Idaho Power Illinois Central International Nickel International Paper International T & T Johns Manville , Kaiser Aluminum Kennecott Copper Libby, McNeill & Libby Lockheed Aircraft Loew's Incorporated Montgomery Ward National Cash Reg. New York Central Northern Pacific '' Pacific American Fish Pacific Gas & Electric Pacific Tel & Tel Pan American Airways Penney (J.C.) Co. Pennsylvania R.R. Pepsi Cola Co. Philco Corp. Phillips Pet. Polaroid Puget Sound P It L Radio Corp. of Amer. Rayonier lncorp. Republic Steel 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 Spcrry Rand Standard Oil Calif. Standard Oil N.J. Studebaker Packard Sunray Sunshine Mining Swilt & Company Texaco Thompson Products Transamcrica Corp. Twentieth Century Fox Union Oil Company Union Pacilic United Air Lines United Aircraft United Corporation United Slates Plywood United States Smelting United States Steel Walgreen Stores Warner Pictures Western Auto Supply Western' Union Tel. Westinghouse Air Ili Ae Westlnghouse Electric Woolworth Company 18 V, 3 'i tray 28 92 A 22 49 Vt 49 i 37 47 221 94 ' 36 Vt 59 65 Vt 26 '4 9',i 49. 46 74 37 39 '.'a 48 tii 29 86 28 'i 50 59 ',j 19 ' -3 61 'i 56 56 'i 26 ' ', .56 1 75 ?04 143 36 15 130 48 64 Vi 74 .-75 47 'i 48 118 U 50 29 H 47', 47 87 ' 10W 62 49 4 Hi 96 11 62 V, 20 i 40 V, 81 28 l , 48 , 10 Va 61 Va 145 22 ' 110 Mi 77 26 4 24 47 96 i 32 4 44 21 I 74 i 75 98 41 44 72 40 8t 64 47 61 24 58 55 14 27 7 33 '1 86 68 'i 30 3H 44 36 28 59 8 40 k 33 , 89 48 ' ?4 23 32 ai 31 1, 69 ' 53 POTATOES SAN FRANCISCO (L'PI FSMNSl No potato sales reported today LOS ANGELES lUPI-KSMNSi- No Oregon potato sales. Arrivals rail 1 Livestock PORTLAND AP)-'USDA - Cattle salable 550; includes equi valents of 3 loads led steers and couple loads heifers; balanced largely cows with only few bulls and ttockers and feeders: trade uneven; fed steers active 25 to 50 ugher; other classes steady- to strong; truck lot average to high choice 1035 lb fed steer 28.3.'; sev en head 985 pound steers low to average choice 27.75, with few good 1023 lb 27.00; load average good 1079 lb steers 27.00; stand ard heilers 22.50-24.00; ulilitv cows 17.00-19.00; lew commercial 20.OU- 21.00; canncrs and cutters 14.50- 16.00; Holstein cutters 17.00; light canners down to 13.00; few utility bulls 23.00-24.50: no early sales stocker and feeder steers. Calves salable 100;trade slow: few sales vealcrs steady; stock calves about steady; few choice vealers 31.00-32.00; good 28.00- 30.00; standard 23.00-27.00; culls downward to 15.00: one lot good and choice 489 lb stock steer calves 30.00. Hogs salable R,0: sunDlv in cludes 2 loads Dakota butchers: trade moderately active; butchers 25-50 higher; U.S. No. 1 and 2 grade arrows and gilts 180-235 lb, 20.25-20.50; mixed lots No. 1 to 3 these weights 19.00-20.00 : 2 lots mixed grade 160-170 lb 19 00-19.- 25; few mixed grade sows 330-450 lb 15.00-17.00 ; 450-550 lb 13.50-14.- 50. Sheep salable 750: trade mod eralely active; slaughter lambs tuny steaay; slaughter ewes and feeders steady to strong; several lots mostly choice 85 to 105 lb wooled and shorn slaughter lambs ib.mmh.wi; snort deck around 95 lb 19.25; good slaughter lambs ib.oo-ib.50; cull and utility slaugh ter ewes 4.0O-7.50: utility to good 7.50-9.00; medium and good 65 to 85 lb ieeder lambs 17.00-18.00 STOCKTON (UPI) - Live stock: Cattle salable 600. Mostlv good feeders 783 lbs 26.25. standard and good 24.25-25.50. Standard cows 21.50-22, commercial 20-21.50, util ity 19-20, canners and cutlers 15.50-18.50. Calves salable 100. Low choice veal calves 200 lbs. 32. good and choice slaughter calves including weigius up to 500 lbs 28-29. Good and choice stocker steer calves 400-500 lbs 29.00-32.50. Medium and good steer calves 325 lbs 31. Good and choice heifer calves 28-29.50, medium 27-28. Hogs salable 400. No. 1 go 3 sows, 350-600 lbs 13.50-16.25, mostly No. 1 sows 300 lbs 16.50. Good and choice feeder pigs 50-120 lbs 22-29. Sheen salable 900. Market not established. Grain CHICAGO (API High Low Close Prev.close Wheat , ; ' . : ' Mar 1.96'i 1.95' 1.96'i-y4 1.9614 May 1.93 1.92 1.92'i 1.92 Jly 1.83'k 1.82 1.82'.- 1.82 Sep 1.85H 1.84 1.84- 1.84 Corn (old) Mar 1.14 1.13 1.13',- 1.14 Corn (new) Mar 1.14 1.13 1.13- 1.14 May, 1.16 1.15 1.1,-,- 1.16 My 1.18 1.17 1.17 l.lBli Sep 1.17 1.17, 1.17 1.18 Oats Mar .65 .65 .65 .63 .63 .63 .60 .60' ..60 .61 .65 .63 .60 .61 May Jly Sep Rye Mar May 1.31 1.30 1.31 1.26 1.26" 1.26 1.20 1.19 1.20 1.21 1.20 1.21 1.31 1.25 1.19 1.20 .Jly Sep Soybeans .Jan 2.17 2.16 2.17- 2.16 Mar 2.20 2.19 2.20-19 2.19 May 2.22 2.21 '4 2.21 2.22 2.22 2.21 2.21 2.22 2.14 2.13 2.13- 2.14 Jly Sep At the finish, wheat was cent a bushel lower to higher. March $1.96-; corn -l cent lower, March old type contract si.U!-; oats unchanged to lower, March 63; rye unchanged to higher. March 1.3trsov oeans'4 nigner to 1 lower. Jan uary 12.17-. PORTLAND (AP) - Coarse grains, 15-day shipment, hulk, coast delivery; Oats No. 2, 38 Ih white 52.00. Barley No. 2. 45 lb western 52.00. Corn No. . yellow eastern shipment 54.25-54.75. Wheat (bid) to arrive market. basis No. 1 bulk delivered coast Soft White 2.00: Soft White (hard appl.) 2.00: White C ub 2.00. Hard Red Winter; Ordinary 2.00; 10 per cent 2.00; 11 per cent 2.ini; 12 per cent 2.00. Hard While Baart: ordinary 2.13; 10 per cent 2.13; 11 per cent 2.13; 12 per cent 2.13. Car receipts: Wheat 91: barley 56; flour 43; corn 7; oats 6; mill Iced 20. NEW YORK (AP) Practically all security and commodity mar kets will observe an extended Christmas holiday. All domestic exchanges are closed Christmas Day. Most will remain closed the next day. The Chicago Board of Trade will shut down early Wednesday before the holiday. Among those closing Thursday and Friday is the New York Stock Exchange. Only the Chicaco Stockyards and the hanks are due to remain open Friday. Potato Shipments ' Srasons 1957-38 1958-59 Dally Truck Ore, H 12 Dally Rail Ore. Id 4 Dally Truck ( l. !K .1 Daily Rail Cat. 31 7 Dally Total Ore. t Cal. 89 ;it Monthly Total 810 597 Season's Total 3011 2566 N. Y. Life NEW YORK tNEAI-Wilh one eye on the clock and another on he near-empty newsstand, the har ried New York commuter snatched up the only paper available and asked the dealer: "How much?" "1 don't think you want that," he dealer answered, "that's a scratch sheet." The commuter's mistake was un derstandable, for with nine news papers closed by a deliverymen's slrike for nearly a week, New Yorkers were reading anything that resembled their favorite daily and quite a few things that didn't. A fortunate few thousand were able to pick up copies of the three Philadelphia dailies which in creased their distribution to key spots in the city. The famous "out- of-town newsstand in Times .Square did a rushing business in papers from Washington. Balti more, Newark, Springfield, and Boston. The National Enquirer, a New York weekly of somewhat unres trained editorial content, added straight news and sports and pub lished three limes a week. The city's Spanish-language papers, El Diario and La Prensa, added a page of English news and increased their distribution by 20,000 and 10, 000 respectively. the major news magazines Times. Newsweek, and U.S. News and World Report sold 0 u t throughout the city. The enterprising lads of the Har- Pope Asks World Peace VATICAN CITY (AP) - Pope lolin XXIII, in his first Christmas address, urged the world to Chris tian unity and peace today. But he said his plea was not likely to he heard in Communist - ruled lands. The 77-year-old ruler of the Ro man Catholic Church asked men of faith to put aside military and violent thoughts. Then, in the next breath, he warned them to he vigilant "in the night that is darkening'' and ready to defend Christian prin ciples against the "insidiousncss of the enemies of God" a clear reference to atheistic communism. The Pope paid high tribute to his predecessor, the late Pope Pius XII. who during his long reign delivered 19 Christmas mes sages to the world in which he in variably pleaded for peace and Christian unity. The new pontiff said man's un willingness to submit to the grace of God in unity and peace "was the most terrible problem of hu man history and of the lives of individual men and people." Pope John said the broken unity of "the heredity of Christ" con tinues, to be a grave problem, but that his own efforts would be un flagging toward "those dear, sep arated brothers who bow to the name of Christ and read the holy Bible." Then tho Pope added, in a sharp criticism of Communist-ruled lands, "in many parts of the world there is no ear for this invitation (to unity and peace)." In those areas, he said, the "most sacred concepts are sulfocatcd or have been suppressed. Shasta Aide To Take Post MOUNT SHASTA - Tho Mount Shasta City Council at a special meeting recently appointed Wil liam K. Hickmaif of Weston. Ore gon, to the position of city superin lendent of public works. His start ing salary was set at $550 month ly. He succeeds E. W. Schilling, who resigned November 14. At a previous meeting to con sidcr the appointment of supcrm tendent, 24 written applications were on file. A screening process narrowed the list to seven who were asked to be present Saturday for personal interviews. Hickman's previous training more closely du plicated local conditions than any other applicant. He will become Schilling's aide January 16, and be in complete charge after Janu ary 23, the date for Schilling's severance. The retiring superintendent aid ed the board members interviewing various candidates in an effort to find one most familiar with local conditions. Oscar E. Abbott, cily assessor, resigned his post at the Saturday meeting, lie gave his reason ns press of other business. Abbott was hired October 27, replacing Fred Carlbcrg, who was discharged by the city council. FRY PAN BLY Tile California Oregon Power Company will award an electric fry pan as the grand prize in this year's Christmas outdoor lighting contest lor the Bly com munity. Sponsor or the contest is Bly Grange. No. 771. Six other prizes, not announced, will be giv en in the other divisions, includ ing business establishments and homes. Everyone is invited to en ter the contest. FIGHTS WRINKLES, SOILING! Hflva Your Clorhot CUontd ot Coicodo Thtro'l Nj lr Chotgf For STA-NU finnhinj! CASCADE 11th and Kltmoth 4 Ops. Poll HERALD AND NEWS, KLAMATH FALLS, OREGON Not Same vard Crimson sent down 7.000 cop ies one day and gave them away in mid-town spots. And the Dallas News flew in loo copies daily lor prominent Texans in the city. The NBC radio and TV stations in New York distributed 150.000 copies daily of a one-page news bulletin that attempted to summa rize the day's top events. The New York Central handed out a mime ographed page 10 its commuters, but it was a rush job that was difficult to read. All the radio and TV stations in creased their news coverage hv from l(K) to 200 per cent, which Council Takes Active Steps To Aid New Construction .The city council took active steps at their regular Monday night meeting to assist the devel opment of new construction m the Mountain View Addition area. After a considerable discussion on the problems of water and sew age in the area, the council de cided to set January 15 as a meet ing date, and invite all property owners of the Mountain View Addi tion to attend a meeting devoted to discussion of the water and sewage plans for the area. The question of future use of the steam locomotive now located in Veterans Memorial Park was also brought up. A report from Bob Bonney, city park and recreation director, was read. Bonney re ferred to the first meeting of the Locomotive Acquisition Committee and the city agreement on the lo- . Obituaries KING Fred Dale King, 14, a native of Charleston, West Virginia, and a resident of Crescent, died there December 21. He is survived by his father, William O. King of Charleston, West Virginia; his mother and stepfather, Mr. and Mrs. Leonard Hasty of Crescent: two brothers, Gerrold Lee King of Crescent and Doughlas Ray King in the Army at H. Knox, Ken tucky: grandmothers, Mrs. Osa Ratliff of Charleston, Mrs. Malva King of Dunbar, West Virginia; and his grandfather, Thomas Rat liff of Williamsburg. Kentucky. Fu neral services will be held at O'Hair's Memorial Chapel Wednes day, December 24. at 2 p.m. Final rites and interment will be in Klamath Memorial Park. BUCK Willis Elgie Buck 79, native of Illinois, resident of Klamath Falls for 16 years, died here Decem ber 23, 1958. Survivors include: sons, Floyd and .R. H. Buck, of this city, Milan ot Sioux City, Iowa, and Melvin of Ft. Dodge. Iowa: brothers. Maynard ot Stillwater, Oklahoma, and Charles of Gold field,. Iowa;' a s.ster, Nettie Doc tor of' Clarion, Iowa; also seven grandchildren! Funeral services will take place or. Friday, Decem ber 26. Ward's Klamath Funeral Home in charge of the arrange ments. WATAII Kenneth John Watah, 31, native of Paisley, lifelong resident of Beatty, died there December 21, 1958. Survivors include: sisters, Bertina Watah, Bernice Crain, Geraldine Chocktoot and Velita Chocktoot of Beatty, Harriett Parrish of Sprague River and Neva Parker of this city; a grand father, Roscoe Watah of Beatty; also three aunts and three uncles. Funeral services will lake place from the Beatty Methodist Church on Friday, December 26, at 11 a.m. Ward's Klamath Funeral Heme in charge of the arrange ments. California Weather United Press International San Francisco Bay Area:' In creasing cloudiness today: light rain tonight and early Wednesday becoming partly cloudy Wednes day afternoon: high today 54-59; low tonight 44-51): south to south west winds 6-12 m.p.h.: chance of rain 20 per cent today and 80 per .Cent tonight and Wednesday. Ml. Shasta-Siskiyou area: Oc casional light rain today and lo night with snow ievel around 4,000 feet; cooler today; partly cloudy Wednesday. Sierra Nevada. Increasing cloudiness today: light rain north portion today spreading to south Wednesday with snow level be tween 5.000 and b.ooo feet: cooler Wednesday. Sacramento Valley; Increasing cloudiness today; light rain north portion this afternoon spreading over valley tonight and early Wednesday and becoming partly cloudy Wednesday afternoon: cool er north portion today: high both days 48- 58: low tonight 38-48 southerly winds 816 m.p.h. Northwestern California; Rain Ukiah northward today spreading over south portion tonight and he coming partly cloudy Wednesday afternoon; tittle change in tern perature: high today and low to night Ukiah 55-4i, Santa Rosa 58 40. Napa 56-44: coastal winds south to southwest 10-20. m.p.h. but lo cally 25 m.p.h. Cape Mendocino northward. Mok.i Old Cloth.t Look LiVt Now and Men'i Hand Laundry and DRY CLEANERS Ollito Ph. 4-5111 or 2-2331 Without Newspapers kept the city -aware of what was happening in the Berlin crisis and how negotiations on the strike were going. But in subways, buses and trains, most New Yorkers sat grim faced and bored, seeing their neigh bors for the first time in years, and missing very much the 5.500, 000 newspapers that are distribut ed each day in the city. What show or movie to see? What Christmas present to buy? What TV show to watch? These were some of the questions that went unanswered. One enterprising department comotive. He pointed out that it had been agreed that a 'wooden platform and steps would be con structed, that lumber for such con struction had been, donated by A. D. Collier, and that the local carpenters union had agreed to do the construction work on a vol unteer basis. However, to date the work had not been done, and the possibility was discussed of permitting visi tors to the engine whenever a park maintenance man was working in Veterans Park where he could keep the engine under direct surveil lance. The committee's intentions, however, were to protect the en gine against any vandalism. The council decided to inquire of other cities who have been recipi ent of gift engines, as to what their procedures for permitting vis itors to the exhibit are. First National Bank of Port land was low bidder on $7,190.50 worth of sewer bonds for Sunny- land Addition. They bid an ef fective interest rate of 3.479 per cent against the only other bid by U.S. National Bank for an interest rate of 3.741 pel cent. City Manager G. S. Vergeer Sr. reported return of 118 question naires of the 1V1 mailed oul 10 property owners who will be with in the. proposed off-street parking district. He reported that of the 118 replies, 72 are in favor' of formation "of the district, 44 op posed, and two not committed. The state fire 'marshal's report to the schools lollowing a recent inspection was submitted to the council. Mayor Lawrence Slater re quested that another check be made on the marshal's report fol lowing the next monthly report by Fire Chief Roy Howe. Discussion was abbreviated on the costs of'relocation of a road to Riverside School, when it was pointed out by Assistant City En gineer Cliff Sanders that actual costs had not yet been completely compiled. The Klamath Production wean Association was given authority to use a courtesy parking 'card for stockholders attending their 25th annual meeting on Saturday, Janu ary 17, 1959. The council also issued a warn ing to businesses using vehicles for delivery purposes that are not properly identified as commercial vehicles. City Manager Vergeer pointed out that the cars should be identified with a card in the right front windshield properly identifying the vehicle. A letter was read from CAA Director Charles Drew pointing out that the city's request for federal matching funds lor construction of a terminal building had been for warded for consideration, and the city would be notified when its re quest had ,bcen evaluated. Pair Injured In Accident ALTURAS Two former Portland residents, returning to Oregon to spend the Christmas holiday, were hospitalized at Modoc Medical Cen ter here as a result of a Monday morning highway accident which occurred about 8 a.m. William Hays and his wife. Sara A. Hays, formerly of Portland, now of Youngtown, Arizona, were north bound on Highway 395 about 15 miles south of Alturas near the Mastcn-Ramsey Ranch near Like ly when the accident occurred. There had been a heavy fog dur ing the night and early morning hours and the highway was icy Investigating officer. Frank Scheflin of the California Highway Patrol. Alturas, said Mrs. Hays was driving when the car hit an icy spot and went out ol control The vehicle overturned, breaking all of the glass in the car and denting the driver s side. Hays received a scalp cut around his head extending between six and eight inches, the officer said, in addition to severe back injuries. His condition was rated as serious on Monday -afternoon. Mrs. Hays was less seriously injured but X rays were planned for both pa tienls. Their car was demolished. LLOYD'S 222 East Main Now Under New Management OPEN HOUSE XMAS EVE. SMORGASBORD 7 -10 p.m. WE'LL SEE YOU AT LLOYD'S Verne and Frances store went after customers with printed sheels slapped on subway train windows reading: "There may be no newspapers, but there still are bargains at S. Klein's." Other retailers bought time on radio and TV stations where time was available to get their sales messages across. With the Christ mas shopping season on, the buy era were in the stores, but with out ads to guide them they didn't know where things were and what was on sale. Mail and telephone orders feil sharply. The producers of a new play, "The Gazebo." which opened dur ing the strike bought a half-hour of TV time and read the reviews that newspaper critics had writ ten but were never printed. The big Broadway hits were not affect ed, since they are usually sold out months in advance. Movie houses turned to radio announcements. TV stations stepped up their on- the-air promotion of their own shows. TV Guide was quickly sold out throughout the citv. Newspapers like The World-Telegram & Sun used radio announce ments to keep their names in their readers' minds, and to remind them of what they were missing by missing their papers. The New York Times, only paper with its own radio station, in creased its news coverage using taped stories from correspondents overseas and in Washington and other U.S. cities. Working with NBC, the paper took part Sunday in an hour-long show seen in New York and Washington that sum marized the mammoth Sunday Times. WNEW, a leading independent station, invited nationally - known columnists like Bob Considine and Earl Wilson to read their columns. Other stations had announcers read the columns that never saw print in New York. Just about the only group that benefited from the strike was the city's sanitation men. Without any newspapers, the tras-baskets of New York were a lot emptier. Reds Approve New Budget MOSCOW (UPD-The supreme Soviet (parliament! today adopted an all-time high budget for 1959 that included an 8 per cent boost national income and a huge science appropriation to keep abreast of the space age. The science outlay was double the figure approved for the 1958 budget. The bill also included in creased spending for school re forms and a sharp reduction in government administration expen ditures. The Supreme Soviet approved a hudgct bill slightly higher than the draft proposed Monday by Finance Minister Arseny G. Zverev. The final budget was set at 723. 369,159,000 rubles ($180,842,289,750 at the official rate of exchange) with expenditures of 707,637,887,000 rubles ($176,909,171,750.) Passage of the huge spending bill marked the beginning of (he Soviet Union's new seven-year economic plan. Zverev presented the bill to the 1,347 members of the Supreme Soviet. The 1959 allocation for 'science was almost double that of the past year and totaled 27,300,000 rubles ($6,825,000,000) However other funds for scientific research Were added to the original 1958 estimate during the past year. Education spending was set at 91.300.000.000 rubles ($23,572.00(1,- OOO) as compared with an esti mated figure of 59.800.000.000 ru bles ($14,950,000.0001 for 1958. OFFICE PARTY DUNSMU1R The largest office party in Dimsmuir will be the an nual buffet luncheon for officer personnel of Shasta Division, South ern Pacific, at 12:30 Wednesday at the general olfice. Spouses of su pervisors, clerks and other office members have been included in this year's invitation. Turkey, sal ads, coffee and rolls will be served with the appearance of Santa Clans and special music providing en tertainment. R. R. Robinson, divi sion superintendent, will be the official hosts and a large com mittee of office personnel is mak ing the party arrangements. Yl'I.ETlDE FESTIVITIES DUNSMUIR Employes and per manent guests of the Travelers Hotel were guests of Miss Helen Hutaff, hotel owner, at a Christ mas party on Friday evening. About 30 guests were served a Christmas buffet followed by the passing out of gifts. The party followed the Christmas program presented at' the hotel for Friday evening shoppers in downtown Dunsmuir. The guests heard the kindergarten choir from the First Lutheran Church and various youthful singers and instrumental ists. TAVERN u-i3 , . ; "How would you like your medium or Voters Asked On State Loan, Bond Issue YREKA Yreka voters will be called upon to vote on a $133, 000 bond issue and acceptance of a $290,000 slate loan for construc tion of a senior elementary school on February 17. as was decided at a recent meeting of the board of trustees of the Yreka Union Ele mentary School District. According to an explanation giv en by District Superintendent Rob ert Reynolds to the trustees, the amount of the bonds requested was increased from the original $113,- 000 bond issue presented to the voters in the July 15. 1958, elec tion, which was defeated, was due to Hie additional assessed valuation which the district has acquired by annexation of the Mono School District. It is required by state law that a district be bonded five per cent of its capacity before an allocation may be obtained from the state. Reynolds stressed the necessity of fast action by the district for the loan application as on May 1, $3,000 in bonds on a prior bond is sue will be paid off, which may again place the proposed bond is sue below 95 per cent of the dis trict's bonding capacity, resulting in a forfeit of the right to state aid. At the suggestion of George Wacker, president of the board. they agreed to facilitate quick vol ing by arranging for three polling places, two, in Jackson Street School and one-, at Greenhorn Grange Hall. At present the architect's esti Education Board Assists School YREKA The Siskiyou County Hoard Of Kdlira inn hac a ntlnri $16,000 to the Siskivnn .Innini- fnl. lege District to assure its opening in aepiemoer. ine board said an other allotment may be made when a study of county school needc ic coinpieiea. The money came from the schnnl rlpnartmAnl'e chq.a nl TThUJ states Forest Service receipts, 25 per cent ol which is paid in lieu of taxes. It totals $96,454 for Sis kiyou schoo s and is nmri hv civ national forests with land in the county. Dr. Donald L. Meamher nf Vro. ka, a college district trustee, asked or au.ouu. Me lold board mem bers approximately that sum will be needed for equipment. The por table buildings will cost approxi mately $160,000 and will be paid for by the district's tax. Thev will hf erpetpH nn 9nn ai-oe the junior college purchased this year southwest of Weed. Meamber said the junior college plans to use athletic facilities of the new Weed High School. Plans to renovate the old high school at Weed for use as a junior col lege were rejected because of the cost. i. Voters last all defeated a $2, 940.000 bond issue to build an elab orate junior college. $ For Your I Last Minute Shopping, Depend $ SUBURBAN For A Fine Selection Of Poinsettias Flowering Plants and Christmas Arrangements , Open Tue. Eveninq Till 9 P.M. Wed. Till 7 P.M. and Christmas Till Noon PRICES TO PLEASE EVERYONE WE DELIVER Suburban Flower Shop 3614 So. 6th St. TUESDAY, DECEMBER 23. 195ft eggs, Mother rare, won none.- For Decision mated total cost of the senior ele mentary school building project is $379,790, Reynolds stated. Prior to the July 15 election, the cost es timate was $378,000. Current Davments made hv thA elementary district are $17,905 a year on three earlier bond issues. which includes a 1946 issue for $95,000; a 1952 issue for $137,000; and a 1955 issue for $67,000. Pay ments on the three present issues will have dropped to $2,060 per year, 20 years from now. According to Reynolds, the new issue will not increase the local lax rate, as the state will reduce the amount required to be paid on an earlier allocation. The stata money need only be repaid to the extent that the district can afford to repay it at a maximum bond tax rate of 40 cents. After 30 years, the amount of state money still unpaid becomes an outright grant. In The- Day's lews (Continued from Page 1) mission there will be another crop cycle SOON. Another forest crop requires generations of time. It's too bad that people can no longer go out and cut Christmas trees with the happy abandon of the old days when one might cut as many as half a dozen, one after another, before one that was JUST RIGHT was finally spotted and cut and carried away. The old ways of forestry includ ing the reckless cutting of Christ mas trees were a good deal like going into a watermelon patch in early summer and pulling melon after melon until one of the ex actly right degree of ripeness was found. That was a lot of fun, but it resulted in an eventual shortage of watermelons. 1 If we keep our timber crop GROWING, our future will be sound. If we don't keep it grow ing, the time will come when we'll wish we had. But It will then be too late. Friendly -Helpfulness To Every Creed and Pune Ward's Klamath Funeral Home 925 Hiqh TU 2-4404 Morquerife M. Ward and Soni On FLOWER I f f Ph. TU 4-8188 :m :A l :Sk ;m '?yk s
