Herald and news. (Klamath Falls, Or.) 1942-current, May 25, 1959, Image 2

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Herald and news., May 25, 1959, Page 2, Image 2

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Newspaper Page TextI PACK TWO HERALD AW NEWS. KHMVTH TALIS. OREGON MONDAY, MAY Vi. 19S9 "DENNIS THE MENACE" fiiw Agricultural Service' Reports Big Increase In Red Wheat Exports Ilk' 'rwtfcir rhe 4-partmen'i Paid trirfiftiiai w-t-sued not. WASHINGTON' 'l'PI The For eijjn Agricultural Service 'FAS' Saturday reported a "substantial increase'' in Soviet wheat exports into free world markets. It estimated the wheat imports in 1WW to these markets would reach 33 to 40 million bushels or more. This compared with the previous post-World r II record of 36. sno.ono bushels, set in 11M-S2. and IW-SH movement of about lSnrK).- Vfi bushels from Russia to the West. rope. The agency said the Soviet Un ion appears to be making a con siderable effort to establish perm anent casn markets in free world 'ScBi if Ycvte e'e8 lonems, all ya mm ookcau, MRS, KITTY, KITTY. KITTY. . " Small Advance On Mart Led By Railroad Shares By ELMER C. WALKER I PI Financial Editor NEW YORK it'PI) Railroad (hares led a small advance on the stock market during the week. The carrier group came to the rescue of the general market af ter It had gone through sc eral periods of unsetllement. On Mon day the tobaccos were driven down in recurrence of cancer stories. On Tuesd.iy the sugars got a beating when Cuba passed an agrarian bill that would con fiscate American holdings. On Wednesday the electronics hit an air pocket when a leading broker age house took Raytheon off its selected stock list. On Thursday the rails got into action. They carried their rise further on Friday and closed the week at lb!) 67 up 3 77 points for their averase which ' was at its best level since Aug. , 19.". Industrials llnished the week at S.T4.74 in their average, up a tiny 0 21 point. Utilities lost C M to fin ish at 91 26 and the 85 stocks used in the three averages rose 0 74 to end the week at 216 43. I Volume fell off which was con-1 udered a good sin. Sales totaled 15.OT9.910 shares for the week, a daily average of 3.193.982 shares. In the previous week sales to taled 18.1I5.4W shares or a daily average of 3.653.091 shares. Business news continued to ra diate the brilliant recovery from recession. Business leaders looked THE ONE-MAN "BRIGADE" r RANDOLPH fSCOTL RIDE ID1IES0ME niNUAND IXCITINOI"- The 7WHea4e4 re OPEN DAILY 7:00 P. M ENDS TONIGHT! GOVSUTTIE fysgiAcitE TaTiMisirillM E MNtf AHTHIiNV lfr FONDA PERKINS 1-7 TIN STAR Cy Blsy PALMER Mckl RAY LAST 2 DAYS! HEfTTw-M NGANO LINDFCRS- HORN-': stwi rmoKT i ' LOREM QUiNN i into a bright future in their dis cussions of the general situation Auto, steel, construction, petrole. um. rubber and other industries received good bills of Health. Meantime, the government re ported new record highs in the gross national product and in per sonal income. Retail sales rose as more spending money was avail able. Unemployment declined. With this background the poor showing of (he market win attrib uted to the fact that the list was tired and in line for a reaction Ke held' that there would be a heavy selloff and most looked for nothing worse than a period of what market men call consolida lion. Ail recommended strict se lectivity in making new commit ments. A total of 1. 420L issues was trad ed and of these 333 gained while 635 Inst and 150 held unchanged A total of 133 made new highs lor uie year and 124 made new lows Gains in the railroad section ranged to 4'i points in Northern Pacific. Kansas City Southern zaincd 3'i and Western Maryland 3-V Chesapeake L Ohio rose 2't and gains of more than a point came into Atlantic Coast line and Baltimore k Ohio. Ford gained nearly J points in the motors where Chrysler rose a point. U. S. Steel rose more than a pcint. Ohio Oil gained nearly 5 and Shell more than 3 to prove the exceptions in the pet roleum group. A long list of electronics issues had a bad time of it during the week with Zenith off 26'i points and Raytheon off 10'j points. Sugars regained part of their losses and tobaccos managed to get all of theirs back. Drugs pro duced wide changes ranging from a loss of 54 points in Smith. Kline it French and a rise of points in Merck. Metals moved ahead wilb both coppers and aluminums joining the improvement. Several specials rose to points, including Caterpillar Trac tor. Coca Cola, General Mills and motor products. Big losers includ ed Cutler-Hammer. Bestwall iiyp- sum. and Walt Disney, olf 5 to more than 6 points. . Raytheon led the market in turnover. Sperry Rand was sec ond with a rise of IS points. The first had sales of 2X9.690 shares and Sperry, 286.300 shares. Sales running above 200.000 shares came into Avco and Glen Alden, the former up and the latter up more than 3. Aluminum Limited. Thiokol. General Motors, Brnguet, and International Tele phone were next in turnover. Council Fears Tyke Deaths By THE ASSOCIATED PRESS Harmless - looking transparent bazs have become death traps because of a penchant youngsters have of pulling the bags over their heads and courting death by suffocation. More than two dozen tots have met their death in this manner already this year. The National Safety Council fears the death loll may rise to 100 before the year is out. The bags are the type used largely by dry cleaning establish ments for returning cleaned ap parel. The material also is used for covering pillows and crib mattresses. Legislation has been pressed to have the bogs perforated or clear ly marked "dangerous." The Kordite Corp. of Macedon. NY, claiming to be the nation's ieading manufacturer of plastic garment bags, announced Friday it is supplying labels to cleaning establishments to be slipped over the hansers of clothes being re turned in the bags. The labels read: "Caution. For safety reasons keep plastic bags away from chil dren as you would matches or medicine." But some officials hold that re sponsibility rests with the parents to keep the bags out of chil dren's reach. A number of the victims have been infants less than a year old. imDortins countries Th. practices are pronioi-.ro oy ine of this effort will depend mostrai . ., , . . . .. upon Soviet production and export Parmn ""stock di policy. and East Europe's import vls,on h." J"? "umer neeos. FAS said there appears to be little reason to expect east Eu rope i import needs to rise above current levels. Therefore, unless Russia uses the wheat domestic ally or stockpiles t, it is likely to sell its surplus to free world markets. The agency noted that while the Russians have not publicized their wheat export intentions, trade de velopments in recent months have indicated clearly that a substantial rise in exports a taking place. It cited wheat shipments to France. Japan. Algeria, The Netherlands. Portugal. Switzerland, Afghanis tan, Iraq, and Egypt. WASHINGTON (CPU The Agri culture Department Saturday hoist ed a warning designed to steer some lamb buyers from running afoul the Packers & Stockyards Act. The department said some pack ers, dealers, and market agencies subject lo provisions of the act are engaging in certain practices that are injurious to producers, in the purchase and 'sale of lambs in prominent lamb producing areas. The warning was contained in a department statement' defining its general policy on current lamb buying practices and how provi sions of the P It S Act apply tu Video Exec, Actress Wed LAS VEGAS. Nev. AP) Ac tress Marie the Body) McDon ald and TV executive Lou Bass surprised their friends by getting married in this desert resort oxer the weekend. They had been dating about eight months, but both said the decision to get married Saturday was made on the-apur of the mo ment. The ceremony was performed in the chapel of the Flamingo Hotel. Miss McDonald has been appear ing in a show at the hotel. It was the third marriage to- the shapely 15-year-old actress and the first for Bass., 36. Her former husbands are actors' agent Vic Orsatti and millionaire shoe manufacturer Harry Karl. She married and divorced Karl twice Hof fa Offers Strike Aid BOSTON AP)-James R. Hof fa. president of the Teamsters tnion. says that if the steel work ers go on strike the members of his union will offer their support Speaking Sunday before 2.50 Boston Teamsters at a communion breakfast. Hoffa said he told offi cials of the steel workers union: "We will support you because aft er the employers destroy you they will destroy us. It is a common light In his speech. Hoffa criticized the press, radio. TV, the AFL-CIO and the Kennedy-En in labor bill His union has been suspended Irom the AFL-CIO. "For the last two years you have witnessed the greatest ex pose oi this country, Hoffa said. "The radio, television, the press are trying to tell you that the Teamsters are a menace to the country." He said that perhaps the reason he receives what he described as a poor press ;s that in some com mumties his truck drivers make more than newspapermen. Referring lo the Kennedy Erwin bill, Hoffa said: "After 24 months of hypocrisy the sennlors and Congress sit up and say 'We want to protect the working man against tiotta. "I say it is their desire to de stroy organized labor." Hoffa pictured Sen. John F. Ken- nedy iD-Massi as a man "who couldn t find his way out at a four room apartment with 12 doors when it comes to labor. What does he know about labor?" Film Actress Returns To Work HOLLYWOOD I API Crawford is hack in Hn!lvu-iww4 tn make a movie after a three-year aosence. I m only here for four weeks." the nrire aiH arrived Sunday by train. Miss Crawford's husband. Pepsi Cola executive Alfred N. Steels aiea in .New ori five weeks ago After his death. Miss Crawford was elected a director of the company. News Agency Tells Rioting TAIPEI. Formosa AP) Na tionalist Chinas olficial Central News Agency reported today that more than lO.nno persons rioted near Nanking March 17. killing more than so Chinese Communists who refused to Join them. The report said Communist troops killed more than 2uo peas ants with machineguns and ar rested mere than uo others. in peasants reportedly were inflamed hy the death from ex haustion of a 7(-ear-old woman assigned to car for It children n a commune at th Yantie BUY Genuint LIUI5 BOYS' 3.3S YOUTH'S 3.5S MEN'S 37S LADIES' 3.7S and Get Green Stamps , DON'S Don ArMa Q vrlf 117 Mm TU 4-J20 as a n..e or regulation itself, but as an interpretation that certain! practices are aonsidered uufairj under provisions of the act. Specifically, the department said these methods of buying lambs are considered unfair practices: 1. A buyer's limiting payment for lambs to a de&ienaied average weirht. and not paying the lamb producer for any additional weight. 2. A buyer's subtracting weight The agenry said these Soviet ,..- .h. i k wheat exports were in progress! . ' .. .. desoite continued lar .hinm-ts epar--ne-.: ' Prac- to communist-controlled East Eu ites result in the issuance of in- correct scale tickets, invoices, and other documents relating to pur chases and sales and in mislead ing market information. The de partment said it believes such ous complaints from lamb pro ducers about methods used in price discounting for excess weight. WASHINGTON 'VPI-Sen. Eu gene J. McCarthy iD-Minn.i has proposed that the Agriculture De partment immediately start buy ing hens to help meet the crisis of falling egg prices. McCarthy wrote Secretary of Agriculture Ezra T. Benson that a hen-buying program would help "a segment of American agricul ture which is in desperate need of prompt action." McCarthy (aid in a statement Friday that the' government pur chased hens could be frozen and stored for the school lunch pro gram or distributed overseas un der the surplus food aales pro gram, ne wrote Benson mat tnir secretary's nrooosal for stepped up advertising and promotion of eggs was inacequaie to neip nara- pre5se tig tarmers , wno rum prices at their lowest levels in more than 20 years. WASHINGTON iLTI' The Ag riculture Department said Saturday a 1 per cent reduction Irotn last year's planted acreage of nine processing vegetable crops is in dicated for 19.VJ. This year's planted aereag is expected tx be 10 per cent less tnan average, the department said Declines from last year: Beets for canning, 10 per cent: cabbage for Kraut 'contract acreage only), 4 per cent: cucumbers ior pick les, 10 per cent; green peas. 9 per cent: and tomatoes, 14 per cent. Of th nin crops, changes up ward ar indicated for four: Green lima beans. 1 per ten! more than last year; snap beans, t per cent: sweet corn. 12 per cent: and winter and sprinf spinach, 22 per cent. 'The department said the changes indicated fur all crops except green peas and spinach are based on reports Irnm processors on in tentions to plant. Thes aertij. intentions may be subject to soma chanties before planting Is comDlet. ed. The acreages (or green peat and spinach art estimate ol planted acreage. Th department estimated th total aereag for the tun process ing vegetable crops at 1.522.311 acres. TUES. & WED. "LOVE SLAVE OF THE AMAZONS" Actually filmed in th South Amtricen jungles. Eastman Color ARCH THEATRE Sly, Orton WEDDING ANNOUNCED HOLLYWOOD APi Actress Margaret O Brien has set Aug. I for her wedding to art student Robert Allen. The couple announced Monday that the ceremony will be held in the Church of the Good Shepherd in Beverly Hills with Anna Ma ria Albcrghetti, the singer-actress as one of the bridesmaids. They will honeymoon in Hawaii. full pound UMITID TIMI II fferfeCRElVIE SHAMPOO THE SHAMPOO WITH CHOLESTEROL. ..THE HEART. OF UNOUN SPECIAL! DU BARRY LIPSTICK With Eitra Refill Reg 2.50 0B(r 1 00 Wrick's 1312 SO PH TU M)21 DRYCLEANED CARPETING Lasts Longer-Looks Lovelier J Ik J&k ftiosr SAVE MONEY Do-it-yourself RENT this easy-to-use HOST ELICTRK BRUSH fttcomwndtd by fVofttsionos $ofoy thorough ( No shrlnkog or fedinf like-new look and fl rsferd Us rooms immediofely Better than shompo Removes th dirt Our Guarantee Complete satisfaction or money back Phone 4 5111 r 2-2331 CASCADE 330 So. 7th Wt con Dry-clean for you. Phone for estimate and Mens' Hand Laundry & Cleaners 11th & Klamath SAVE ur TO $102.75 em ftt nmt cornDttrlof W Fttfljrn 500 any mod antr) beiter. radio and automate transmission. L I Fit. E ' iv WAXING Ti SAVE UP TO $62.00 MORI en other acctssoritt. And if you want a completely quipptd car wdudn atr tondrtvytinf. savt up to SAVE ON ALUMINIZED MUFFLERS that rtsst oorrrmon batter than aiutninum itself, normally last ranct at long as ordinary mufflers . on othar cars. with anurtnf new Diamond Lustra Finish, tti brilliant git) n baed on to keep tt beauty briint without waitn. avor. SAVE The savings were never bigger . the deals were never longer . now during at your t V,r biry standard m tttman : 1 Ij'y1 Surer starting at no artri cost j Xgy'iia' T2 Economy mver InnV.d so good as th Ford Custom 300 Tudor (ekoct) huutifuUf demonstrates. And the Cslari duo Victo r's dnreground) has th netting Thnndar bird kind of glamour all America goe for. Because Ford is selling the most cars, Ford Dealers are giving the best trades now during Dividend Daysl Check the dividends you get in Ford like those on the "Big Board above and you'll agree Korrls are built for autingt.' Then, check the dividends you get in comfort-like wider doors, full-depth seat spring ing and easy-to-reach trunk space. Youll se why thev say, "Fords are built for propter Now, check the better deal you can get on the World" t 'Bent Srller" during Divi dend Dayj at your Ford Dealer's! When you get all the farts, youU surely want to go Ford- 1 WCEIf5 MOST SL'ZllFJlZf FKOPCKHDNED OUtS "OHO DIVISION, MOTOR COMPANY Sa)Mi ea n i mmuimmfn' wntwee? rmmi yen BALSIGER MOTOR CO. Meiii S tsplanad KlamjtH Felli, OrtflM i Check your car Check your driving V CHECK ACCIDENTS Rr town oi Kuril u.