PAGE 4 A
HERALD AND NEWS. Klamath Falls. Ore.
Monday. August 3.
Firms Must Share Gains,
Says Steel Union Chief
NEW YORK (AP) The teel
strike, ays the man directing the
walkout, won't end until compan
ies agree to a fair split of in
creased profits with their half-million
workers.
David J. McDonald, president
of the United Stcelworkers of
America, thumbed pages of a
newspaper to a short inside arti
e'e saying a small steel firm had
netted almost as much profit in
tix months this year as the com
pany's highest full-year earnings
record.
"Fantastic" said McDonald.
"Wait until the big steel compan
ies file their profits reports next
week. You'll sec. They're going
to have to share that money with
us.
"It has always happened that
way. And we intend to see it con
tinues." McDonald's views were as fixed
and unyielding on the union side
as were those expressed for the
industry earlier to the same inter
viewer by Chairman Roger
Blough of the United States Steel
Corp.
Talks with the two men, equally
firm in their stands in the titanic
labor-management clash that has
shut down most of the nation's
vast steel industry, pinpointed the
issues.
The industry is dead set against
any new net labor cost increase.
The union says the workers de
serveand are going to get high
er pay and companion benefits.
McDonald said the industry is
trying to cut its work force, where
as steel employment should be in
creasing to meet the expanding
metal needs of America and coun
tries abroad.
"We are being pictured by the
Industry as opposing progress and
efficiency," McDonald said. "I re
peal what I've said: the claim is
as phony as a seven-dollar bill.
The industry's whole position is
based on misrepresentation and
distortion of the facts."
. The union, said this dapper, well-
tailored, prematurely gray union
boss, looking for all the world like
a top industry executive, has nev
er opposed automation or' lechni
cl progress.
"As further evidence of the
phonyncss of industry's argu
ments. thousands of adjustments
in working conditions are made
each year by joint agreement in
local collective bargaining, Mc
Donald said.
"What the industry desires, how-
aver, Is to eliminate free collective
bargaining in making these1 ad
justments and to substitute uni
lateral management imposition of
its will." I
Mart's Bear Contingent
Not Eager To Bet On Dip
By ELMER C. WALZER
UPI Financial Editor
NEW YORK (UPD-From the
looks of the short interest figures.
Wall Street's bear contingent
isn't too eager to bet on a big
market decline. "
The short position as of July
IS stood at 3,264,681 shares. That
was a rise of a mere 22,988
shares. And the short interest as
the stock exchange calculated it
represented only one-tenth of one
per cent of the total shares
listed.
Shorts in odd-lots totaled e
tiny 69.677 shares on July 15
against 93.153 on June 15. That
shows the little fellows have been
covering their short positions,
On the basis of the theory that
the little fellows usually are
wrong, their short operations
might seem to indicate the mar
ket was heading into a decline
These little fellows of today are
smart and the big boys 'aren't
being led astray by their old
Uieories.
Selling short is selling slock
one doesn't own in the hope it
will go down so that it can be
bought back and the difference
pocketed as a profit. The way
this is done Is simple for the
short seller. He tells his broker
to sell short and the broker does
the rest borrows the stock
sells
it and finances the deal with
your margin, of course.
A lot of heartaches can come
from a short sale if your stock
rises Instead of falls. There is no
limit to where it can go. Theo
retically it could rise to a million
and every lime it goes up a
point you lose that much on
paper. And the day of reckoning
comes when the broker yells for
more margin.
The latest short position is in
about the same position as the
averages that rise when a ma
jority of stocks are declining.
Here the total rose a trifle while
only 74 of the 175 stocks with a
short position of 5,000 shares or
more showed an increase in short
sales. There were 99 that showed
declines and two that held un
changed. The bears apparently didn't
like Studebaker-Packard because
the short position In that stock
rose much more than the overall
total. It jumped 52,024 shares to
McDonald stressed that the steel
industry's total labor bill is less
now with considerably more steel
production than it was in years
past some I per cent less, per
ton of finished steel, than a de
cade ago.
'And there are thousands upon
thousands fewer stcelworkers in
the mills today producing more
steel and better steel than ever
before," he said. "Does that look
like featherbedding?"
Aren't the cost cuts due to more
efficient machines and production
methods rather than to increased
worker effort?
'It's the result of both." the
union chief insisted. "That's why
we only say we deserve our fair
share of these hugely increased
profits.
'As physical effort decreases,
mental effort increases. This is not
to say there doesn't still exist a
great deal of physical effort
sweat and hard work. Innumer
able improvements have been in
itiated by the workers," he said.
"We are not loafers. We work
hard. As partners in the enter
prise we have something coming.
We intend to get it."
What would be a "fair share?"
McDonald said that is a matter
for bargaining. But he noted the
union has offered to settle on the
same annual increase terms that
were the basis for the 1956 three-
year agreement with steel firms.
'In not seeking more than that,"
McDonald said, "we have made a
concession and a contribution to
curbing economic inflation. We
have not tried to hamstring the
industry in any fashion."
The living cost escalator feature
of the expired steel contracts-
something the industry wants
eliminated must be continued In
any new agreements, he said.
The escalator arrangement gears
pay rates partly to the govern
ment's living cost index, adjust
ing them up or down according
to living cost changes. The indus
try says the escalator results in
pyramiding inflation.
The cost-of-living factor has be
come part of the mores of Ameri
can labor that the stcelworkers
union' does not Intend to drop,
McDonald said.
How long will the steel strike
last?
McDonald, who has had to can
cel plans to accompany Richard
M. Nixon on the vice president's
current tour of the Soviet Union,
said the answer is up to the in
dustry.
'We want our people off the
bricks and back at their jobs as
soon as possible, he said,
297,239 shares, most for any Is
sue listed.
In the other . autos, General
Motors and American Motors
rose with Sludcbaker, while the
short position in Chrysler and
Ford declined.
Gains generally were noted in
the oil shares which have been
regarded as poor market per
formers for a long time. Steels
were up for the most part and
so were store Issues.
Declines came into most air
cralts, electronic issues, farm
implements, chemicals, textiles,
tires, and building equipments,
The stocks with the big figures
n listings usually show small
short positions and the current
tabulation is no exception. For
example, General Motors Corp.
with 282,935,412 shares outstand
ing, had a short position of only
35.584 shares. Standard Oil (N.J.)
with its 214.889,692 listed shares
showed only 7,341 shares short
American Telephone, third
among the giants, with its
213.794,497 shares outstanding
had a short interest of 13,789
shares, a small gain over the
previous month.
The short interest has lost
much of Its significance over the
years. A big short Interest has
been regarded as bullish because
it represented potential buying
some time in the future.
In this market, the major por
tion of the trading clement is
made up of investors who leave
short selling to the professionals.
And the professionals mindful of
the force of investment buying
don't seem to want to risk going
short in a market that doesn't
seem to want to decline.
Of course, as Securities & Ex
change Commission Chairman
Edward N. Gadsby, said of him
self, they could be wrong.
EDISON ESTATE DEDICATED
WEST ORANGE, N.J. (UPD
The rambling, 23-room Victorian-
style mansion of the late Thomas
A. Edison will be dedicated as a
national monument today. The
mansion, recognized as an out
standing example of Victorian ar
chitecture, will be turned over to
the National Park Service. Known
as Glenmont. It was Edison's
home for 43 years and the scene
of many of his Inventions. ,
' 1 Tik'P N LET I I THEN WHV K5 X paf-,
.1 i7 ( new! U ufCXOHTOO J ME CUTTING A
Wtf! ' D WINTHROP J AT I IT ON PURPOSE. " NOTCH IN Hl6 I T
(S" f IT V 1 CANT CONTROL - , . 5
Stewardess
By GAY PAULEY
UPI Women's Editor
NEW YORK I UPI I -Vicky
Gedrinsky, an American steward
ess who spent two weeks with the
crew of Russia's giant TU-114 prop
jet plane, said today she hopes
she made her country some
friends in the Soviet Union.
She also hopes she set some
records straight before the craft
carrying First Deputv Premier
""'If-
POLLARD FLAT FIREFIGHTERS loading into National Guard vehicles from Red Bluff to
go to the scene of the big blaze 21 miles south of Dunsmuir. This group, part of nearly
1,000 men from all parts of California and Hop! Indian crews from New Mexico, is repre
sentative of the army that converged on the fire, containing it to inside 3,500 acres
rather than the 5,000 acres originally estimated. Some of the crews were released Satur
day. Mop-up operations will require several days.
DISPATCHING HEADQUARTERS at Pollard Flat, ordinarily a campground maintained by
the Shasta Trinity National Forest for tourists, became the center of activities to direct
the battle against the costly Pollard Flat fire, south of Dunsmuir. Fire boss for operations
is Joe Elliott, Sonora, timber management officer for the Stanislaus National Forest.
Crews from almost every forest service area in California were at the scene of the blaze.
California Has New Law
To Police Boat Owners
SACRAMENTO, Calif. (AP) -
California has a new law to police
its more than 300.0(H) boat owners
and license their craft.
Regulations for safe operation of!
boats and liability of the owner
went Into effect immediately upon
signature of legislation by Gov.
Edmund G. Brown.
Other provisions for licensing
and registration go into effect
next April 1.
Boating boomed m California In
recent years to the point where
it became a big headache. Heavy
tralfic caused conflict of regula
tions. Accidents multiplied. There
were other problems. ,
The ' situation applied to other
states as well. Congress recog
nized it Inst year in enacting the
Federal Boating Act. II sets up
a slate-operated syscm of num
bering all inboard and outboard
pleasure craft of more than 10
horsepower.
The act makes it possible for
each state to enact its own regu
latory system, based on the fed
eral measure.
Under the new state law, Cali
Morty
On Red Jet Hopes She Made Friends
Frol R. Kozlov departed for Mos
cow. Like the fact that Broad
vay has legitimate theater, not
jurlesquc. Like the fact that her
alary is enough for her and two
jcher stcwaidesses to rent an en
ire house with spacious lawn and
rosebushes.
Vicky, employed by Pan Ameri
can World Airways on Its Boeing
707 jet flights to Europe, was lent
by the airlines to the Russians for
fornia will have sole right to
assign numbers to motor boats
and collect a $o license numbering
and registration fee. Renewals
will cost $3.
Boats, like motorists, will have
to report any changes of owner
ship or address.
The U.S. Coast Guard will con
tinue to enforce regulations on
federal navigable waters. Slate
and local peace otlicors. however,
will have concurrent jurisdiction
to Issue citations.
Any boater violating the old
rules had to be arrested with
warrant obtained through t h e
courts.
Under the new law. a boating
beatnik found in violation of the
law may be cited on the spot by
stale or local authorities.
Owner liability for injury or
damage caused by negligent op
eration of a boat provides up to
$10,000 for the death or injury of!
one person in any one accident
and JlM.ooo for death or injury of
more than one person.
There is a $10,000 limitation for
damage to property.
Meckle
translating. Her job was to help
txplain to sightseers facts con
cerning the world's largest plane,
while it was open to the public
at Idlewild Airport.
Vicky, 30. New York born and
Paris educated, got the job be
cause she speaks five languages
including Russian.
The fact that she is pretty and
savvy- also probably helped. A
lass with red-gold hair and green
ok." j i4l
Mount Shasta
Dentist Dies
MOUNT SHASTA Dr. J. L. Pat
terson, well known Mount Shasta
dentist, died at 4 p.m. Sunday in
Siskiyou County General Hospital
at rcka, after a lengthy illness
He had been hospitalized five
weeks.
Born in Lexington, Kentucky
March 20, 1876, Dr. Patterson was
graduated from Baltimore College
of Dental Surgery in 1901. After
his graduation, he began his prac
tice in Atlanta, Georgia. From
there he moved to Dallas. Texas
and later to Butte, and Great
Falls, Montana. Dr. Patterson
came to Mount Shasta in 1912 and
remained here until his death. His
practice extended to Weed and
Dunsmuir.
Dr. Patterson will be remem
bered among horsemen as a raiser
of fine racing animals. Thirty nine
racers from his model horse ranch
near here ran and won in races
all over North America.
After his retirement in 19.i6. Dr.
Patterson acted in an advisory
capacity for friends and clients of
long standing. He spent much ol
his time attending races and talk
ing horse with his many friends.
eyes, she modeled for European
couturiers before she joined Pan
American in 1957.
She said in an interview that her
job on the TU-114 was supposed
to be strictly language. But it
wasn't long until she was bringing
crew members maps of New York
City to help them find their way
around when off duty. The head
engineer got a tourist guide to the
US.Ai
And sometimes, Vicky just
sounded off. There was the inci
dent shortly after the plane ar
rived in New York. A Russian em
bassy official from Washington
was briefing the crew. Said Vic
ky "He told them, 'There are
no theaters in New York. Only
burlesque.
Well," she said, "I told him
I'd just finished inviting some of
the crew members to join me in
seeing a Broadway show. Then I
asked him if he'd ever heard of
F.ugene O'Neill's 'Touch of
Poet.'
'You call that burlesque?', 1
tuid him.
Miss Gedrinsky said she found
the plane's crew "very nice, and
ery shy people. They would ask
questions, but not too probing.
'I would tell them some fact
about life in our country and their
answers always were, "Yes, but
in our country. . .' "
"It is impossible to describe the
look on their faces when something
surprised them," she continued
A couple of the crewmen came
over for a drink one day and when
I told them that two other girls
and I could afford the house
there was that wide-eyed look
And then one asked how much was
my salary.
"I told him, and that almost
every month there was some over
time. There was that look again."
The crew included two steward
esses, one of whom, Morgounova
Nadejda, willingly posed with the
Pan Am girl for pictures aboard
the craft. Miss Nadejda said that
the plane usually carried five
stewardesses, but the full comple
ment was not necessary on this
trip because the party was small
Vicky said sightseers poured
through the plane at the rate of
6,000 to 8.000 a day. What they
saw was a craft longer than three
freight cars, but looking on the in
side like a passenger train. A
separate dining area with tables
looked like a train diner; sleeping
compartments were divided much
as they are on a train.
The only sections kept off-limit
to tourists were the cockpit and
for some unexplained reason the
galley. The galley is on the lower
deck and food is brought to the
passenger section by elevator.
To me, the interior done in deep
red carpet with medium blue or
patterned, blue and beige uphol
stery was a little old-fashioned
less colorful than interiors of most
U.S. craft.
Sightseers could sign a guest
hook and add comments, if they
wished. To one, the ship was
big monster 7" To another, - "fan
fabulous." To still another full of
national pride it "is no better than
the 707." One teen-ager wrote,
"man, it's cool."
Miss Gedrinsky said that even
in uniform she often was mistaken
for a member of the Russian crew.
One broad - bedecked Russian,
whose identity she never learned,
greeted her with, "How do you
like the states."
In my best English, I told him,"
she said.
A New York tourist look one
look at her model's figure and
said, "Well! We heard you all
were fat."
CHECKERED CAREBR
SACRAMENTO, Calif. (UPD-
Ellen Doreene Harris, 18, was ar
rested with two friends Saturday
right on charges of passing
forged checks in local supermar
kets. "1 guess this ruins my plans
to study criminology and become
a policewoman," she told arrest
ing officers.
THE TENDER TRAP
FULWELL. England (UPP-A
golfer who didn't give his name
claimed today that he hit a hole
in one in a million Sunday. The
hall drove 200 yards, he said, in
to the trouser pocket of another
golfer.
SAVE$$$$
ON A NEW
OLDSMOBILE
Durln our Clean-up Sale
Dick 6. Miller Co
7tt 1 Kttmelk Ph. 4-4114
A STATUE GIFT to the Siskiyou County Museum came
around Cape Horn from the Azore Islands in a sailing vessel
and then by wagon to Siskiyou County. The recent museum
acquisition was given by George DeSoza of Yreka.
Photo by Betty Dow
Madonna And Child Statue
Given To Siskiyou Museum
By BETTY DOW
A recent addition to the Siskiyou
County Museum exhibits is that
of a Madonna and Child statue.
presented to the museum by
George DeSoza of 'ireka.
The statue is carved of wood.
and the robe of the Madonna is
painted a brilliant blue, her dress
red, while the headdress is
white. The ball held in the lap of
the Child is also painted a bright
blue.
The story regarding the statue
as related by Mrs. Mary Burgess
or Vallejo, a daughter of the late
Joe Silva Sr., is that her father
brought the statue from the Azore
Islands on a sailing vessel around
Cape Horn, and then was trans
ported by wagon to Siskiyou Coun
ty
Joe Silva Sr. was 19 years old
when he came to this county, and
the statue in his possession is pre
sumed to have rested in a niche
in his father's home, serving as
a shrine.
Mrs. Burgess, not too sure of
exact dates, stated that she knew
her father was 19 when he ar-
Dunsmuir Stop
For Girl Scouts
DUNSMUIR Twenty two Girl
Scouts from Palo Alto, en route
home after a seven-state trip by
chartered bus, stopped in Duns
muir for lunch on Wednesday.
Their leader, Mrs. H. H. Tan
tau of Palo Alto, explained they
had recently visited the Shake
spearean Festival at Ashland and
the Centennial Exposition in Port
land and would spend two nights
at Lassen National Park before
returning home.
Woman Held
In Slaying
MEDFORD, Ore. (AP-A re
tired railroad engineer died in an
ambulance en route to a hospital
here Sunday and a woman was
charged with his death.
The victim was William B.
Simons, about 65, resident of the
Camp White veterans domiciliary
near here., Jailed and scheduled
for arraignment on a first degree
murder charge was Esther Eliza
beth Lawrence, 31, Medford.
Police were called by Mrs.
Lawrence. They found Simons
lying on the ground with a deep
head wound. In addition to the
arrest of Mrs. Lawrence, police
held four persons as material wit
nesses. They said the four were
at a party in the course of which
Simons was fatally injured by a
blow from a shovel.
BITE FATAL
BIRMINGHAM. Ala. (UPIt -
Mrs. Frances McWillie, 48, died
Friday - night shortly after she
was bitten by a wasp.
McWillie said his wife com
plained of a stomach ache after
the wasp stung her on the head
and then collapsed.
The Thinking Man or Woman . . .
FISSURE - FISTULA - PROLAPSE - ANO - RECTAL
THROMBOSIS ,nd other men RECTAL
Dr. Reynolds Clinic
NATUROPATHIC PHYSICIAN
Rteul Sftaalisi
114 Center St N.E. . ,
Silem. Oiegca
Mi, ' I
rived here, and that he was 91
when he died, which she thought
was about 10 years ago, which
would place the date of his ar
rival around 1877.
Mrs. Burgess further related that
her father had herded sheep at
McCloud, long before the rail
roads came, and also herded
sheep in Grenada, before it 1 was
in existence.
Later he W3S employed by Man
ual and Anna Franklin, who lived
in the Bogus area. The Franklins'
at that time had an infant daugh
ter, Mary, who was just a year
old. and Joe said he would wait
until she was old enough to he
married and then he would mar
ry her. Shortly before her 16th
birthday, Joe Silva married young
Mary Franklin, and they had six
children.
They had a ranch, also in the
Bogus area, which house is now
the property of Mr. and Mrs. Ern
est Lemos, who have lived there
for the last 15 years, and Mrs.
Lemos stated that the house was
some 70 years old when they pur
chased the property. It was in
this house that the statue was
first unearthed, by George DeSoza,
a nephew of the late Joe Silva Sr.
Fir Timber
Sale Draws
Single Bid
YREKA A. and S. Rochlin of
Orleans, California, submitted the
only sealed bid on 15,700.000 board
feet of mostly fir timber in the
McNeal Creek Unit, located near
Forks of the Salmon in the Salm
on River Working Circle, John
Murray of the Klamath National
Forest, announced after posting of
the bid.
Species, volume in board feet,
advertised prices and bid rates
were: Ponderosa pine nominal
volume, advertised and not subject
to bid at $11.35 per M; sugar
pine-720 .000 board feet, advertise
and bid at $11.35 per M; white
and red fir 830.000 board feel, ad
vertised and bid at $2.50 per Mj
Douglas fir 14.330.000 board feet,
advertised at W.85 per M and bid
at $13.17 per M; and incense ce
darnominal volume, not subject
to bid at $2.50 per M.
Total advertised value was $151,
004 while the value based on the
bid was $198,736.50. ,
Murray concluded by stating that
award of this sale will be made
by t h e regional forester in San
Francisco.
Wanted!
6 Homes in Klamath
County to display new
COLOR ROCK siding
and roofing. Phone
TU 4-8866.