Herald and news. (Klamath Falls, Or.) 1942-current, January 07, 1959, Page 4, Image 4

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    PAGE FOUR
HERALD ANT) NEWS. KLAMATH FALLS. OREGON
WEDNESDAY. JANUARY 7. 19S9
MARKETS and FINANCE
Stocks
WALL STREET
NEW YORK lAP) Profit tak
ing skimmed the cream from the
latest upsurge to record highs and
the stock market declined in ac
tive trading late this afternoon.
Volume for the day was esti
mated at 4.000.000 shares com
pared with 3.690.000 Tuesday.
Pivotal issues dropped from
Tactions to about 2 points general
ly. A few stocks bucked the trend.
American Telephone kept about
i of a Spoint jump. Reynolds
Metals rose more than a point
along will) Kennecott and liavec
Anaconda was around a point to
we good.
Kastman Kodak was off about 3
and Du Pont about 4. Losses of
about 2 were taken by U. S. Steel
and Genera tleclric.
Down about a point or so were
Bethlehem Chrysler, Jones &
Laughlin, Sperry Rand, Union
Caibinde, Westinghouse Electric
Northern Pacilic. Illinois Central,
isew York central and Lonllard
Fractionally lower were General
Motors. Kord. Boeing, Philco,
Raytheon, Consolidated Edison.
American Can, Texas Co., Royal
Dutch and Standard toil (New Jer
sey).
American Motors and American
Tobacco posted small gains,
U.S. government bonds were
firm.
NEW YORK STOCKS
By THE ASSOCIATED PRESS
Admiral Corporation
18 H
4 Vi
Alaska Juneau
Allied Chemical
Allis Chalmers
Alcoa
American Airlines
American Can
American Cyanmide
American Motors
American Smelting
American Tel & Tel
American Tobacco
American Viscose
Anaconda Copper
Armco Steel
Alchison Railroad
Bcndix Aviation
Bethlehem Steel
Boeing Airplane Co.
Borden Co.
Borg Warner
Burroughs Corp.
California Packing
Canadian Pacific
Caterpillar Tractor
Celanese Corporal ion
Chrysler Corporation
Cities Service
Consolidaled Copper
Consolidated Edison . , . .
Continental Can
Crown Zellerbach
Curtiss Wright
Douglas Aircraft
Dow Chemical
du Pont do Nemours
Eastman Kodak
El Paso NG
Emerson Radio
Firestone Tiro
Ford Motor
General Dynamics . .
General Electric
General Foods
General Motors
Georgia Pac Cp
Goodyear Tire
Great Northern
Great West. .Sugar
Idaho Power
Illinois Central.
International Nickel ,
International Paper
International T & T
Johns Mnnville
Kaiser Aluminum
Kennecott Copper
Lihhy, McNeill & Libby
Lockheed Aircraft
Locw's Incorporated
Montgomery Ward
National Cash Reg.
New York ConlUnl
Northern Pacific
Pacific American Fish
Pacific Gns & Electric
Pacific Tel & Tel
Pan American Airways
Penney I J. C.) Co.
Pennsylvania R.R,
Pepsi Cola Co.
Philco Corp.
Phillips Pot.
Polaroid
Ptifict Sound P & L
Radio Corp of Amer
Hayonier lnrorp.
Republic Steel
Reynolds Metals
Richfield Oil
Safeway Stores Inc.
St. Regis
Scott Paper Co.
Scars Roebuck & Co.
Shell Oil Co.
Sinclair Oil
Socony Mobil Oil
Soul hern Pacific
Sperry Rand
Standard Oil Calif.
Standard Oil N.J.
Sludehaker Packard
Sunray '
Sunshine Mining
Swift & Company
Texaco
Thompson Products
Transamcrica Corp
Twentieth Century Fox
I'nion Oil Company
I'nion Pacilic
I'nitrd Air Lines
Fnited Aircraft
lulled Corporation
I'nited Slates Smelling
United States Steeel
Walgreen Stores
Warner Pictures
Western Auto Supply
Western Union Tel.
Westinghouse Air Brake
Westinghouse Electric
03
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LIVESTOCK
STOCKTON ITI FSMNSt -
Livestock:
Cattle salable 50. fanner and
cutler cows 1519. shelly canners
13-14.50. Standard 1,085 lb steers
25.
Calves salable none.
Hogs salable 73. No. 1 lo 3 sows
S5O-550 lbs 14.50-16 50. good and
choice 50-120 lb feeder pigs 22-30.
Sheep salable none.
WHERE'S NOAH??
JERUSALEM I API - The Holy
Land's longest drought in memory
tnded Tuesday night. The rains,
which continued today, were the
first In 11 months.
Livestock
KLAMATH FALLS
LIVESTOCK AUCTION MARKET
January 6, 1958
Receipt: Cattle 301. Hogs 219.
Sheep 248.
Compared last Tuesday markt
active with led heifers stronger to
25 higher: cows steady to strong
er: weaner calves stronger; hogs
steady.
Fed Heifers: Choice. 25.80-26.10:
Good, 24.90-25.10: Std., 22.80-23.10.
Cows: Std.. 21.30-22.60; Cmcl.,
20.10-20.80: Utility, 18.10-20 01). Can-
ners and Cutters, 14 60-17.25.
Bulls: Utility, 2t. 50-24 80.
Veal Calves: Good-Choice, 27.25-
30.00; Hvy. Killer Calves, 27.25-
29 00. Baby Calves, Beef, 30.00
39.00; llolsteins, 17.00-24.00.
Stockers and Feeders: Steers,
Medium-Good, 700-900 lbs., 24.50-
25.70; Heifers, Medium-Good, 550-
800 lbs., 24.10-25.75; Common-Medi-
ums 22.90-24.10; Steer Calves, Good
Choice, 400-500 lbs., 29.30-31.30: Me
dium, 28.25-29.00; Heifer Calves,
Good-Choice. 300-450 lbs., 28.30
31.10; Medium, 26.60-27.70; Feed
er Cows, Aged, 15.10-18.80; young,
19.00-20.50; Stock Cows, Aged, 165
172 per head.
Hogs: U.S. 1 & 2 (180-220 lbs.),
19.00-19.90: U.S. No. 3. 18.10; Sows,
Heavy. 14.10-14.60; Weaner Pigs.
Heavy, 11.00-15.00: Light. 5.50-11.00
per head: Feeders, 18.40-19.00.
Sheep: Fat Lambs, Good-Choice,
18.10-18.20; Feeder Lambs, Good,
16.70-17.50; Medium, 16.30 - 16.75;
Ewes, Breeding, 7.50-15.00 p e r
head.
Reported by Ray Petersen, coun
ty extension agent.
CHICAGO (AP) (USDA) -
Hogs 11,000; butchers 25 tc 50 low
er; 2-3 200-225 lb butchers 17.50-
18.00; a few 2-3 200-225 lbs down
to 17.25; few 1-3 largely 1-2 200-220
lbs 18.00-18.25 ; 80 head 1-2 210 lbs
at 18.35; 2-3 230-250 lbs 16.50-17.25:
with a few lots 2s around 230 lbs
17.50; 2-3 260-280 lbs 16.00-16.75; I
few lots 2s around 260 lbs at 17.00
a few 3s around 300 lbs 15.75
sows 1-3 330-400 Ihs 14.25-15.75:
400-550 lbs 13.25-14.75.
Cattle 15,000, calves 100; slaugh
ter steers steady to1 50 higher;
nearly a dozen loads prime 1,100-
.250 lb steers 29.75-30.25; most
choice and low prime 1,200 lbs
down 28.00-29.50; most good and
low choice under 1.200 lbs 26.00
27.75; choice and prime 1,150-1,500
lbs 26.00-29.00 prime 1.425 lbs
28.00; a few loads good heavy
steers sold down to 24.00; a load
1,400 lb utility Holstein 22.00: two
loads high choice and prime 975-
075 lb heifers 29.00-29.25: most
good and choice 25.75-28.50; stand
ard to low good 23.50-25.50: utility
and commercial cows 18.25-21.00;
canners and cutters 16.50-19.25;
utility and commercial bulls 24.00-
26.00; good vealers 29.00-32.00:
culls down to 15.00; no stocker or
leeder sales of consequence.
Sheep 4,000; slaughter lambs
strong; good and choice-03-105 lb
woolcd lambs 18.50-20.00:' a double
deck choice 114 lbs 19.00: cull to
low good 14.50-17.50; good and
chotce 98-104 lb No 1 pelt shorn
lambs 18.25-19.25: around 600 head
102 lbs sold late Tuesday at 18.50;
a small lot 118 lb mostly choice
lambs with summer shorn pelts
w.uu; cuii to cnoicc siaugiuer
ewes 6.00-7.50.
PORTLAND (AP) - (USDA) -
Cattle salable 400; includes five
loads fed steers, mostly high good
to average choice above 1,100 lb:
heifers scarce; supply largely
cows and a few feeder steers; fed
steers steady Tuesday's best
price; cows strong to 50 hicher:
truck lot average choice 1.101 lb
fed steers 28.75: load 925 lb also
28.75; part load high good and low
choice 1.232 lb 27.75; ten head
average choice 1,256 lb 28.50; part
loan nign good to low choice 1,118
lb 28.25; lew utility Holstein steers
21.00-23.50; utility cows mostly
18.50-20.50; canners and cutters
16.00-18.00, Holstein cutters to
19.00: light canners down to 15.00
few utility bulls 24.00-25.00; com
mon and medium Holstein feeder
steers 21.00-23.00: few 510-628 lb
yearling stockers 27.0fl-27.50.
Calves salable 75: trade active
vealers strong to 1.00 higher than
Monday; choice vealers 33.00-
35.00. couple head to 36.1X1; good
29.00-32.00: standard 24.00-28.00;
few good 400 lb slock calves 27.50.
Hogs salable 500; trade moder
ately active; barrows and gills
steady with Tuesday's close, or
steady to z.i higher than Monday;
sows generally steady; some
under 350 lb strong to 50 hicher
No. 1-2 180-235 Ih butchers 20.50-
20.(5, around loo head at top
price: mostly 1-2 butchers these
weights 19.00-20.25; 240-285 lb
butchers 17.50-18.50: mixed grade
350-550 lb sows 14.00-17.00; few
ligliter weights up lo 17.50.
Sheep salable 400; trade slow;
choice wooled and shorn slaugh
ter lambs 85 105 lb 19.50-20.00;
goon lamtis 18.50-19.00: cull to
good slaughter ewes 4 00-9.00-good
and choice feeder lambs 65
85 lb 17.00-18.50.
POTATOES
SAN FRANCISCO (IT1-FSMNS)
Potatoes:
Russets U.S. 1 5-6 nunc mini
mum Klamath 3.65-385: U.S. 1A
2-inch minimum Deschutes 3.25
3 50; long whites U.S. 1 5-ounce
minimum Kern County 4.35-4 50.
LOS ANGELES (UPl-FSMNSi-No
Oregon potato sales. Arrivals
rati 1.
Potato Shipments
1 957-58 195S-59
Dally Truck Ore. 28 ' 17
Dally Rail Ore. 3 3
Dally Truck Cat. 30 25
Pally Rail Cat. 7 8
Dally Total 68 53
ORE. k CAL.
Mnnlhly Total 253 124
Season Total 3966 3361
Streamflow
Decline Seen
Streamflow in Klamath Basin
will be below average this sum
mer unless marked increases oc
cur in the mountain snow pack,
according to a report released to
day by W. T. Frost, Snow Survey
Supervisor for U.S. Department of
Agriculture, Soil Conservation
Service and Oregon Agricultural
Experiment Station.
Ground water contributions, par
ticularly in the Upper Klamath
Lake Basin, will offset this con
dition to some extent in that area.
Reservoired water supplies are
much above normal.
Present snow cover is 21 per
cent of normal and 16 per cent
of Jast year. Only five per cent
of the normal winter snow pack
has accumulated whereas usually
38 per cent is on the ground by
January l.
Upper Klamath Lake and Clear
Lake are two-thirds full, while
Gerber is almost one-half full
The three reservoirs are -142 per
cent of the 1938-52 normal.
Mountain soils are moderately
wetted.
Inflow into Upper Klamath Lake
continues above normal with an
October through December flow
of 134 per cent normal.
The state-wide outlook for Ore
gon's 1959 water supply, as of this
early winter date, is not good.
However, reservoired water sup
plies are excellent with most res
ervoirs holding well above, aver
age amounts. The mountain snow-
pack averages a new record low
according to current snow surveys.
The next report on snow sur
veys and water supply conditions
will be issued on February 8, 19d9
Police Docket
Roundup Told
Three thefts of identically the
same nature wheels and tires
stolen from pickup trucks were
reported by city police today.
Adrian Perrault, 516 Division
Street, said a tire and wheel were
stolon from his pickup parked in
front of his house Monday night;
Fran Durbin, a block away at 605
Division Street, said a wheel and
tire were stolen from his pickup
in his garage, and L. F. Lusk,
711 Mitchell Street, reported a
similar theft Monday night.
lhree accidents also were re
ported, one involving the police
paddy wagon and the other two
rcar-endcrs.
The paddy wagon, police said,
tried to avoid a car which was
sliding into it on an icy street
and grazed against a telephone
pole at Oak and Spring streets at
2:15 p.m. Sunday.
An aulo firm pickup driven by
Troy May Kile, 1736 Etna Street,
had stopped to permit a car ahead
to make a left turn in the 2500
block of South Sixth Street and
was struck in the rear by a car
driven 'by Vernon L. Durant,
Route 2.
Last night a police car stopped
on Main between Eighth and Ninth
to permit a car to leave a parking
place. Paul Robertson, 601 Ala
meda, stopped behind the patrol
car, but Daniel Paul Andrews,
20, an OTI student, couldn't stop
behind Robertson.
No citations were issued from
cither accident.
Other reports:
Bob Rutter reported' that a
stained glass window in the base
ment of the Zion Lutheran Church,
Eleventh and Pine streets, was
broken: and Buster Clawson, 2021
Homedale Road, said a 25-35 rifle
was stolen from his home.
Grain
PORTLAND (AP) Coarse
grains, 15-day shipment, bulk
coast delivery:
Oats. No.2, 38-lb white 53.50-55.00
Barley. No. 2, 45-lb B.W. 51.00
Corn. No.2 E.Y. sh'p't 55.00-55.50
Wheat (bid) to arrive market
hasis No. 1 bulk delivered coast:
No bids or offers.
Car receipts: Wheat 30; barley
5; Hour 2; mill feed 6.
CHICAGO (APt-
Hlgh Low Close Prev.close
Wheat
Mar 1.98 I.J6', 1.97-'i 1.97
May 1.93'4 1.92'j 1.92-Vi 1.92'
Jly 1.81 1.81 1.81 1.81
Sep 1.83'n 1.83 1.83 1.83
Dec 1.88 1.87 1.87 1.87
torn (old)
Mar 1.14'j 1.13 1.13- 1.14'i
Corn (new)
Mar 1.14 1.13 1.13- 1.14
May 1.16 1.15 1.15. 1 S,
Jl.v 1.17 1.16 l.6 1.17
Sep 1.16 1.15 1.15 1.16
Oals
Mar .66
May .63
Jly .61
Sep .62
Rye
.63 .63
.63 .63
.61 .61
.62 .62
.66
.63
.61
.62
Mar
May
1.34 1.33 3 1 33 1 34
1.30 1.29 1.29 1.30
Jly 1.22 1.20 1.211 1.22
Sep 1.24 1 22 1 22 1.24
Soybeans
Jan 2.15 2.13 2 13-ll 2.15
Mar 2 17 2 16 2.16- 2.17
May 2.19 2.18 2. 18-13 2.19
Jly S.18 2.17 2.17- 2.1R
Sep 209 2.08 2.08 2 09
VALLEY PUMP
AND EQUIPMENT COMPANY
COMPLETE PUMPING SERVICE
ALL MAKES REPAIRED
Coll TU 4-9776 217S So. 6th St.
California Murder Trial
Slated For February 16
VENTURA. Calif. (UPD A
Superior Court judge Tuesday set
Feb. 16 (or the trial of Mrs. El
izabeth Duncan following the 54-
year-old woman's plea of innocent
and innocent by reason of insan
ity to plotting the murder of her
pregnant daughter-in-law.
The Santa Barbara matron wore
a tan coat over her prison denims
as she said "not guilty" when
Judge Charles Blackstock asked
for her plea.
Her attorney. S. Ward Sullivan.
then added the plea of innocent
by reason of 'nsamty which
brought an immediate rumble of
protest from the some 250 spec
tators seated in the courtroom.
Undersheriff Volney Cummins
said an unidentified woman swung
at the defendant with her purse
he escorted the handcuffed
woman through the courthouse
corridor jammed with about 500
persons.
Sullivan asked for a change of
venue, stating he did not feel his
client would receive a fair trial
because of statements allegedly
made by Ventura District Attor
ney Roy Guslafson.
Martin's Heart Sickness
Not Kind Physician Treats
By FRANK ELEAZER
WASHINGTON (UPD-Joe Mar
tin laid aside the cane he had
used since last summer when he
suffered a blood clot in his leg.
He marched jauntily into his par
ty's caucus armed with a two-
page testimonial from Dr. Paul
Dudley White, the heart special
ist. Dr. White pronounced him re
covered and in the peak of condi
tion.
When Martin left the closed-
door session in the House cham
ber two hours later, Dr. White's
letter lay crumpled in his pocket.
Joe made his slow way, limping
through Statuary Hall and back to
his office. He was tired. He was
74. The sickness he felt in his
heart was not the kind Dr. White
treats.
After 20 years as House Rcpub
lican leader or speaker, during
years fat for his party and some
that were painfully thin, Joe Mar
tin had been turned out to pas
Funerals
BARNETT
Funeral services for Edward D.
Barnett, 70, who died in this city
January 6, will be held in O'Hair's
Memorial Chapel Thursday, Janu
ary 8 at 2 p.m., the Rev. Harold
Crookcr officiating. Interment will
lie made in Mamath Memorial
Park.
DAVID
Funeral services for William Mc-
Kinley David, 60, who died here
January 5, will take place from
the Chapel of Ward's Klamath Fu
neral Home on Friday, January 9,
at 11 a.m., with the Rev. William
Rentz of the Chiloquin Assembly
of God Church officiating. Conclud-
ng services with vault entomb
ment will follow in the Wilson
Cemetery at 1:30 p.m.
GRANGE DANCE
SUMMER LAKE - Illness in
the ranks of the orchestra mem
bers upset plans for the annual
New Year s Dance at the Sum
mer Lake Grange. However, mem
bers of the Home Economics Club
decided to continue with dance
arrangements, substituting records
tor tne original music. No charge
was made lor dancing or refresh
ments. A large crowd attended
irom Paisley.
STATESMEN, PERHAPS?
ALBANY, N.Y. (UPI)-An in
formation booklet just released
shows that not one of 58 senators
and 149 assemblymen in the New
tork slate Legislation lists his oc
cupation as politician."
Officials Can't Explain
Reasons For PT&T Blast
ROSEVILLE, Calif. (UPI)-Fire
officials were at a loss today to
explain what caused a mysterious
explosion that shattered a Pacific
Telephone and Telegraph Com
pany repeater station, interrupting
transcontinental communications
for an hour.
The blast took place Tuesday at
11:45 a.m. p.s.t. It shot the roof
of the repeater building 100 (cet
into the air. The roof landed on
the roof of the Fred Whitehead
home nearby.
The Whitehead family of four
was rating lunch at the time.
None of them was injured. .
The entire building, constructed
of insulated rock wall and brick
was scattered hundreds of feet.
Windows and light fixtures
nearby homes were shattered by
the force of the blast. The explo
sion was heard for miles.
United Press International tele
type facilities were disrupted for
MOOSE LODGE
CRAB FEED
Sat., Jon. 10
. Snrlal llftur I I 1 p.m.
Dinner 1 p.m.
rtmr Fnllnwlnr
Mrmhrri tnd Invllrd riUMla
Gustafson objected to the mo
tion and argued that his office
had not received a 24-hour notifi
cation as required by law. But
Judge Blackstock disregarded the
objection and denied permission to
transier the trial sue without prej
udice. .
Because of the innocent by rea
son of insanity plea, Mrs. Dun
can will undergo a psychiatric ex
amination before the trial.
Mrs. Duncan was indicted along
with Augstine Baidonado, 25, and
Luis Moya, 22, by the Ventura
Grand Jury in the slaying of Mrs.
Olga Kupczyk Duncan, 30, an at
tractive Canada-born nurse.
The two men have confessed
strangling and beating Olga Dun
can and leaving her body in a
shallow grave in a ravine near
East Casitas Pass. They said the
mother-in-law had promised them
$6,000 if they would murder the
wife of her son, attorney Frank
Duncan, 29.
Mrs. Duncan, however, denied
having any part in the slaying
and said the two were blackmail
ing her.
ture. Tears he wasn't willing to
shed welled up in his eyes.
Sure, his old friends gave him
a standing ovation. They offered
him a new, hollow title. They
shook his hand and wished him
good luck. They said and it was
true, almost to a man they
loved him still.
But they voted, 74 to 70, to re
place him as party leadtr with
Charlie Halleck, his rival.
"They did what is done for all
dead men, Joe told reporters af
flicted with unaccustomed lumps
in their throats. They sent flow
ers. Joe's friends had told him to
disregard the revolt that had been
brewing among younger Republi
cans since Nov. 4, when the GOP
was reduced to 153 House mem
bers against 283 for . the Demo
crats.
Even at the end they were in
sisting Halleck was licked. But on
the ballot, with every man voting
n secret, some of Martin s friends
let him down.
To most observers it had
seemed unthinkable that more
votes would be cast against than
for the name of Joe Martin. It
was a name known lo millions.
Martin's unruly black hair, his
beedle brow and fierce grin, his
stocky figure, were capitol land
marks. To many Americans, who
watched or heard Martin's heavy
handed use of the gavel at five
consecutive Republican national
conventions, Martin had come to
symbolize the Old Guard of the
GOP.
That, no doubt, was part of his
downfall. There also was the in
escapable fact that Joe's birth
days were beginning to show. The
blood clot, cured or not, was men
tioned by some. Even his closest
friends said that Martin had
slipped since the lean GOP year
of 1939 when newsmen voted him
the ablest man in the House.
Joe never had been much of a
speaker. But some members late
ly had said the bloopers and
tongue-twisters for which his
speeches were famous were get
ting more chuckles than votes.
Once, as speaker during a Re
publican Congress, Martin recog
nized "the gentleman from Hal
leck, Mr. Indiana." With the same
Charlie Halleck. as chairman of
an escort committee, in mind
Martin on another occasion intro
duced Syngman Rhee as "presi
dent of Indiana India I mean
Korea."
Joe always joined in the laugh
ter. Tuesday, there seemed noth
ing to laugh about.
more than an hour to hundreds
of California newspapers and ra
dio stations.
Also disrupted were stock mar
ket quotations from New York and
leased teleprinter circuits of sev
eral major business firms. Some
Air force communications lines
were also disrupted. Radio Station
KNBC in San Francisco reported
us network tie line was out for
more than two hours.
Officials of the PT&T and Rose-
ville firemen were unable to ex
plain the cause of the blast. They
said there was no gas in the build
ing and only automatic equipment
designed to step up the power of
communications circuits was m
side it.
The PT&T said the equipment
suffered only minor damage. By
nightfall, the damage had been
repaired and a temporary shack
was erected to shelter the machinery.
Non-Surgical Method
Cures Hemorrhoids Painlessly
A relatively painleaa, non
surgical method of treating
hemorrhoids (piles) work
ing therapeutic miracles for
thousands who suffer from
rectal and colon disorders.
A recently developed elec
tronic treatment it proving
more effective than surgery,
with none of the after effects
of surgery.
The relatively new tech
oiquc requires no hospital
Rob Charges
Dismissed
Armed robbery charges against
Willie Young, accused of partici
pating in a daring supermarket
holdup last July, were dismissed
in circuit court Tuesday.
Young once had been brought
to trial on the charges assault
and robbery while armed. But a
jury reported on November 25,
after two days of trial and seven
hours of deliberation, that it could
not decide whether- Young was a
willing, scheming accomplice of
Marshall Stevens in the $544 rob
bery of the Low Cost Market in
the Town and Country Shopping
Center.
At the lime of the trial, Richard
C. Beesley, Young's court-appoint-
ea attorney, maintained inai
"Young was used by a man more
clever than himself ... it was by
ill fortune that he was mixed up
in the thing."
Beesley's contention was sup
ported by Stevens, a veteran
criminal who pleaded guilty to an
armed robbery charge and was
sentenced to life in the state peni
tent iarv.
District Attorney Arthur A. Bed
doe, on whose motion the charge
against Young was dismissed, said
the motion for dismissal was made
after "further investigation indi
cated Young was an unwilling,
unwitt ng accomplice.
Thus the 38-year-old defendant
was released Tuesday from the
county jail where he had been
held since July.
Bank Boosts
1958 Assets
First Federal Savings and Loan
Association boosted its assets by
$2,148,320. or 13 per cent in 1958,
experiencing one of the best years
in its history, George w. Mctntyre,
president, said today.
Totaling up the year end report.
Mclntyre said First Federal Sav
ings now holds more savings ana
serves more customers than ever
before, and expects to attract even
more saver customers in the com
inc vear.
"If the recession of 1958 did
nothing else." he said, "it made
people conscious of the value of
saving.
The savings and loan executive
summarized First Federal Savings
and Loan Association s 1958 opera
tions as follows:
Savings increased by $1,734,684
or 11.7 per cent, bringing total of
savings to $16,571,477.
Dividend payments lo savers lor
use of their lunds totaled $o2b.3i
or 9.5 per cent more than in 1957.
The home mortgage loan port
folio was increased by $1,126,830,
or 8.8 per cent in 1958, bringing
the total ot nome loans outstana
ing to $13,856,659.
Keserves have been increasea
to $1,644,928 and now exceed the
reserves at the beginning of 1958
by $182,702, or 12.5 per cent.
Mclntyre predicts a sound econ
omy for the Klamath Basin in
1959. Construction ot new Homes
will continue and at the present
time ample funds will be available
for this work. First Federal Sav
ings hopes to have its own re
modeling program under way
within the month. The association
will be celebrating its 25th anni
versary, in August of this year
which will be an added incentive
to look forward to in 1959.
Obituaries
BINGHAM
Martha Bingham, 76, a native
of Missouri and a resident of this
city for two years, died here Janu
ary 7. She is survived by two
sons David Bingham ot Coos Bay,
and Ted (Bing) Bingham of Klam
ath Falls; a sister, Cora Ross of
Ventura. California: also four
grandchildren. Funeral services
will be held in O'Hair's Memorial
Chapel Friday, January 9 at
p.m. Interment will be made in
Klamath Memorial Park.
TIRE AND WHEEL THEFT
Mrs. Clifford Zurbrugg, 1942
Wiard Street, reported to stale
police Tuesday the theft, during
the preceding night, of a tire and
wheel from a Jeep parked in front
of her residence. The .tire was
described as a 7.00x16 recapped
Goodyear, mounted on a gray
wheel.
LOW BIDDER
PORTLAND (AP) A Belling-
ham, Wash., firm was low bidder
for construction of a concrete
headwall and sea gate on Lummi
Dike near Bellingham. the Dept.
of Interior announced Tuesday.
The bid of Axel Lind was
$7,607.
OSBORN HOTEL
EUGENE, ORE.
it t. m. ih-jh mtt jr.
fTOrtilici
neroorUy Modern
ization or confinement. Pa
tients show marked im
provement almost immedi
ately, and uncomplicated
cases can be frequently cor
rected in as little as 10 days.
Further information with
out obligation may be ob
tained by writing the Dean
Clinic, Chiropractic Physi
cians, 2026 N. E. Sandy
Blvd, Portland 12, Oregon.
Oregon Weather
By THE ASSOCIATED PRESS
Max. Min. Prep,
Baker ' 40 29
Bend 42 32 T
Eugene 42 36 .06
Medford 42 32
Newport 51 46 .23
North Bend 44 35
Pendleton : 31 21
Portland Airp't . 34 32 T
Roseburg 52 41 T
Salem 40 38 .02
Eastern Oregon Mostly cloudy
with scattered showers of rain or
snow; little change in tempera-
ures. Highs 35-45: low tonight 24-
34.
Western Oregon Mostly cloudy
with occasional showers through
Thursday; little change in tem
peratures. Highs 40-50: low to
night 32-42. Coastal winds becom
ing southerly, 15-25 m.p'.h. Thurs
day. Northern Oregon beaches-
Considerable cloudiness with
occasional showers and some
periods of partial clearing through
Thursday. Bar winds southerly to
southeasterly, 15-25 m.p.h. Highs
48-53; low tonight 40-46.
Grants Pass and vicinity-
Considerable cloudiness with oc
casional rain beginning tonight,
becoming showery Thursday; a
few periods of partial clearing
Highs 38-44; low tonight 32-37.
FIVE-DAY FORECAST
Western Washington, Western
Oregon Temperatures averaging
about normal or a little above.
Normal: maximum 40-45, mini
mum, 30-35. Precipitation heavier
than normal with intermittent rain
through period.
Eastern Washington, Eastern
Oregon, Idaho Temperatures
near or slightly above normal.
Normal: Maximum, 28-38; mini
mums, 12-25. Precipitation heavier
than normal showers early and
late in period.
Red Bluff
Sale Slated
More than 1.200 head of cattle
will be offered buyers at the Red
Bluff Auction Yard, branch of the
cooperative Valley Livestock Mar
keting Association at its first sale
scheduled for Tuesday, January 13.
according to Ellington Peek,
branch manager of the new mod
ern plant.
Peek said that he, Don Bailev,
auctioneer and Vic Woolery, as
sistant branch manager, were con
tacting cattlemen throughout all
of Northern California and were
finding many producers interested
in getting cattle into the first sale
to be held at the new market.
The new branch manager stated
that construction would be suf
ficiently completed by January
13 so that this many head of cat
tle can be handled in concrete
floored pens. He added that all
the alley ways are concreted and
that gates will be hydraulic as an
aid to rapid operation. The sale
ring, he said would hold a car
load of cattle.
Of the 369 seats in the sale
pavilion, 150 are padded in a so-
called buyers section. The entire
facility, he added, which will have
pens for 2,000 cattle and 2,000
sheep and hogs would be the most
modern in upper California and
the second largest in the state.
Peek said that the plant had
been largely financed by livestock
producers operating in all North
ern California counties and that
much help in securing funds for
its construction had been given
by active committees in each.
Please use names of committee
members in your county if desired.
DEATH REPORTED
TULELAKE Mr. and Mrs
Robert Addison have returned
from a week spent in San Ra
fael where they were called by
me oeatn oi -Mrs. Addison s moth
cr, Mrs. Helen Lawson, prominent
lor many years in California politi
cal circles. Mrs. Lawson was
stricken on Christmas Day. She
had lived n' California for most
ot half a century. Funeral serv
ices were held December 31. Final
rites and interment will be in
Arlington National Cemetery, Ar
lington, Virginia.
INSTALLATION
MERRILL Alpha Omega Theta
Rho No. 48 will hold open installa
tion of officers on Thursday, Janu
ary 8, beginning at 8 p.m. -in the
Merrill Odd Fellows Hall. All girls
are to wear formals. Entertain
ment and refreshments will follow
the meeting.
OPEM
Your
Econ-O-Vash
Is Ready
Town & Country
Shopping Center
Open 24 Hours A Day
Wash & Dry
Save Time!
Save Money!
Watch For the
Grand Opening
Party - Soon
Jury Finds
Man Guilty
Of Thievery
A circuit court jury required
less than an hour of deliberation
Tuesday to find Ray Lambert of
Klamath Marsh guilty of cattlt
rustling.
The jury of nine men and three
women received the case at 11:30
a.m. Tuesday, deliberated lor half
an hour betore going out for lunch,
and returned its verdict at 2 p m.
shortly after returning to the jury
room.
Lambert, 49, was found guilty of
embezzlement of livestock. He
will be sentenced at 10 a.m. Fri
day on the charge, which carries
a maximum sentence of 10 years
in the penitentiary.
Lambert was accused of selling
six heifers, belonging to the Kirk
Ranch where he was employed, to
Joe Vigil last June 27. He received
approximately $5d0 for the trans
action. The defense offered no witnesses.
but a string of witnesses testified
for the state. These included Ben
C. Gerwick, ranch owner; James
D. Miller, ranch manager; Vigil;
Basil Brown, Lee Bcrtwhistle and
Paul Christy, ranchers who bought
the stock at auction; Victor Shuck
and Everett Malone, state brand
inspectors: Bob Bunyard and John
Neuman, Klamath Livestock Com
mission employes: Guy Woodworth,
state livestock inspector; and Lar
ry Bergmann, state police officer.
At the close of the trial, District
Attorney Arthur A. Beddoe quoted
Lambert's statement that he knew
he was wrong in making the sale,
but that he needed money to pay
bills.
Richard C. Beesley, Lambert's
court-appointed attorney, reminded
the jury that Lambert had made
the sale openly, "not behind a
barn or someplace. He also sug
gested the jury scrutinize closely
the chain of ownership of the com
plex ranching operation.
The verdict was returned ny
Karl F. Dehlinger, the jury fore
man. Trial opened this morning for
Eddie Lee Dailey, 35, charged with
buying stolen property. Dailey was
accused of buying a 35-h.p. out
board motor and accessories al
leged to have been stolen from a
Klamath Falls warehouse in Octo
ber. Judge Names
Legal Counsel
Attorneys were appointed in cir
cuit court Tuesday for four men,
three of whom are scheduled ; to
enter pleas before Judge David
R. Vandenberg on triday.
The four: .
James Howell. 39. T u 1 e 1 a k" e.
forgery of endorsement, accused
of. cashing a $14 paycheck belong
ing to a friend; attorney Robert
G. Danielson; plea Friday.
Gilbert Ray Marshall, larceny
in a dwelling, accused of entering
the home ot James Bellm Novem
ber 5; attorney Glenn D. Ramirez;
plea Friday.
Jesse G. Nero, burglary not in
a dwelling, accused ot cracking
the safe of Klamath Potato Distri
butors to no avail November
25; attorney John Denman; plea
Friday.
Kenneth Cowitz, robbery not
armed with a dangerous weapon,
accused of stealing $35 from Wood
row Rainwater, a man he had
met in a downtown bar and took
for a ride last summer; attorney
P. K. Puckett; being held for
grand jury.
FIRE VICTIM RECOVERING
Opie (Ray) Ward, 25, who suf
fered very serious burns Monday
night in an explosion-fire at his
home. 1723 Oak Avenue, was re
ported out of danger Wednesday
morning at Klamath Valley Hos
pital. He was said to be "doing
fine" good news for Mrs. Ward
and their two infant sons, whos
sole support he is.
r