Herald and news. (Klamath Falls, Or.) 1942-current, October 28, 1959, Image 4

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Herald and news., October 28, 1959, Page 4, Image 4

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Newspaper Page TextI f PACK 4 A HERALD AND NEWS. Klamath Falls. Ore. Wrrlnrtrbv. Ortnbpr 28. 1059 MARKETS and FINANCE Stocks WALL STREET NEW YORK (API -Oils made great strides in an irregular stock market today. Trading was heavy at the close. The ticker tape ran late. Volume lor the day was esti mated at 4.100.000 shares com pared with 3.580,000 Monday. The list was a mixture of gains and losses running from fractions to about 2 points. Steels, motors and rails were mixed. Oils rallied strongly from an oversold condition. Prolit tak ing cut deeply into recent wide gams of many space age stocks. It was a two-way market with some issues driving ahead bullish ly and the others sinking sharply. Court action on a Taft-Hartley Injunction was awaited as well as further developments in the tan gled steel strike negotiations. U.S. Steel was to report on third quarter results alter the close. The slock edyed olf. NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation 20 H A. J. Industries 4 n Allied Chemical 116 Allis Chalmers ' 38 U Alcoa 101 American Airlines 23 ' American Can 42 ' American Cyanamide 57 ' American M & Fdy 93 U American Motors 73 '. American Smelting 46 3 American Tel & Tel 73 hs American Tobacco 103 American Viscose 42 ', Anaconda Copper t4 Armco Sled 75 Atchison Railroad 28 li Rcihiix Aviation Mi Bethlehem Steel 55 i Boeing Airplane Co. 30 ' Borden Co. S2 '.j Borg Warner 44 Burroughs Corp. 30 California Packing 29 Canadian Pacific 26 li Caterpillar Tractor 33 U Celancse Corporation 26 Chrysler Corporation 59 ', Cities Service 50 Consolidated Edison 61 " Continental Can 47 Crown Zellcrbach 54 V Curtiss Wright 30 ',i Douglas Aircraft 38 ' Dow Chemical 88 Vi du Pont de Nemours 239 Vt Eastman Kodak 94 El Paso KG 28 Emerson Radio 15 1 Firestone Tire 126 'j First America Corp. ' 27 Ford Motor 82 4 General Dynamics 44 i General Electric 79 T General Foods 97 '.i General Motors 52 i Georgia Pac Cp 48 j Goodyear Tire 129 li Great A. & P. 38 !i Great Northern 52 ? Great West. Sugar 26 Gulf Oil Co. lis Idaho Power 46 Illinois Central 44 'i International Bus Men 413 'i International Nickel 98 International T & T 37 Johns Manvillc 51 j Kaiser Aluminum 51 Kcnnccott Copper 95 3 Libby, McNeeill & Libby 11 'i Lockheed Aircraft 26 vA Loew's Incorporated 29 ' Mercant St. 33 yt Minnesota Mining 115 3 Monsanto Chemical 49 Montgomery Ward 50 b National Cash Reg. 68 New York Central 30 ' Northern Pacific 47 1 Tacilic American Fish 10 Pacific Tel & Tel 29 Pan American Airways 22 h Tenn Dixie Cement 32 Penney (J.C.) Co. 108 'i Pennsylvania R.R. it Pepsi Cola Co. 32 Philco Corp. 24 Thillips Pet. 44 Polaroid 148 'i Puget Sound P & L 33 -Ij Radio Corp of Amer 59 Rayonier Incorp. 24 Raytheon 50 'i, Republic Slccl 73 M Reynolds Metals 94 1, Richfield Oil 75 Safeway Stores Inc. , 36 !i St. Regis 52 '4 Schenley Distillers 35 S Scott Paper Co. 80 i Sears Roebuck & Co. 47 Shell Oil Co. 73 Sinclair Oil 53 U Socony Mobil Oil ' 42 Southern Pacific 71 ' Sperry Rand 21 Standard Oil Calif. 49 H Standard Oil N.J. 49.i Sludebakcr Packard 26 Sunray 24 'i Sunshine Mining 6 4 Swift & Company 45 i Texaco 79 '1 Thompson, R. V. M i Timkcn R Bearing 59 Transamcrica Corp 31 'j Twentieth Century Fox 30 j Union Oil Company 44 -'n Union Pacific 31 United Air Lines " 42 'i United Aircraft 37 " United Corporation 8 ' United Stales Plywood 41 h United Slates Smelting 30 ' United States Steel lob Walgreen Stores ' 49 S Warner Pictures 43 U Western Aulo Supply 33 l Western Union Tel. 41 Westinghouse Air Brake 29 Wcstinghouse Electric 93 ' Wheeling Steel M.U oolworlb Company 60 Livestock KLAMATH FALLS LIVESTOCK AUCTION MARKET October 26, 1939 Receipt: Cattle 583. Hogs 130. Sheep 41. Compared last Monday market generally weaker; good feeder cat tle and calves .50 lower, and com mon kinds 1.00 lower; cows and fed heiters steady to .50 lower; hogs steady. Fed Heifers: Choice. 23 50-26.-00; Good, 23.30-24.90; Sid.. 19.25- 123.00. Cows: Cmcl., 16.00-17.50: Utility, 15.00-16.00; Canners & Cutters, 10.-25-15.00. Bulls: Utility and Cmcl., 21.80 24.30. Veal Calves: Good-Choice, 26.00 28 10; Hvy. Killer Calves, 24.35 25.35. Stockers and Feeders: Steers, Good-Choice. 550-700 lbs,, 22.70-24.-80; 700-775 lbs., 21.25-22.25: Com mon-Medium, 17.00-20.00. Heifers, Medium-Good, 500-700 lbs., 20.00 23.00; common. 16.00-19.00. Steer Calves, Good-Choice, 325-485 lbs., 25.25-28.80: Common-Medium., 20. 50 - 24.25. Hciler Calves, Good Choice, 320-430 lbs., 23.25 - 26.75; Common-Medium, 20.25-23.50. Feed er Cows, 12.50-15.70; Slock Cows, Medium-Good, 140 147 per head. Hogs: U.S. 1 & 2 (180-220 lbs.). 14.35-14.80; Medium, 13.50; Sows, light, 12.00; Wcaner Pigs, 3.00-8.50 per head. Sheep: Fat Lambs, Good. 15.85 16.10; Feeder Lambs, Good-Choice, 14.60; Ewes, slaughter, 3.50; Ewe lambs, 11 .00 per head. Reported by Ray Petersen, coun ty extension agent. STOCKTON (UPI - FSMNS) Livestock: Cattle salable 150. Standard slaughter heifers 850 lbs 22. Low commercial cows 17.50-18, utility 17.50-18, canners and cutters It- 16.50, shelly canners down to 9. Good and choice yearling stocker steers 600-650 lbs 28, mixed me dium and good 600-675 lbs 22-24. Medium stocker and feeder heifers 650 lbs 20.25, 600 lbs good to low choice 22-24. Calves salable 25. Good veal calves 200-225 lbs 23, standard and good 450-525 lbs 25-26. Good slock sleer calves 400-450 lbs 28 29, medium steers 26-27. Good and choice heifer stock calves 400-425 lbs 26-27 Hogs salable 400. Market not es tablished. Sheep salable 100. Market not established. PORTLAND (AP) - (USDA1- Catlle salable 400; Includes around four loads fed steers, one load hcilers; trade rather slow, steady-weak; heifers not estab lished; trucked lots low to aver age choice llflo lb fed steers 26.25; load and two trucked lots good 1074-1098 lb 26.00-26.50 with load sorted 30 per cent at 25.00; scat tered lots cutler and utility steers 18.00-22.00; canner and cutler heif ers 15.00-18.00; utility cows mostly 15 50-16.00; young cows to 18.00; canners and cutter 11.00-13.00 with beef type and Holstein cullers to 15.00; few cutter bulls 18.00-20.00; common and medium 650-880 lb lecder steers 18.00-20.00. Calves salable 75; trade active, fully steady; good and choice veal ers 28.00-32.00; utility and stand ard 19.00-26.00; culls down to 11.00; few medium and good slock calves 24.00-27.00. GRAINS CHICAGO (API High Low Close Prev Wheat .Close 2.00 2.04 2.01 Dec 2.00 2.00' 2.00-'-i.i Mar' 2.04Ji 2.04 2 04'a 2.01H 2.01 2.0P.-01 1.84'n 1.84 1.84' 1.86'i 1.86- 1.86-'. May Jiy 1.83 1.8U'.4 1.11 MS' 1.17'4 1.19'4 1.15 .74 .74 .72 .65 .66' 1.35 1.39 1.38 1.33 Sep Corn Dec Mar May Jiy 1.11 1.10'i 1.10'i- 1.15'i 1.14', 1.14' j 1.17'i 1.17 1.17 1.19U 1.19 1.19 1.13 l.lS'j 1.15li Sep Oats Dec .74'i .75 .72'i .634 .743 .74. .72'i .6.V .6634 .74 .74 .72'j .65 .66 Mar May Jiy Sep Rye Dec Mar 1.36'i 1.33 1.40 1.38 1.3H 1.39' May 1 39 1.38'4 1.38 1 34 1.33'j 1.34'. Jiy Soybeans Nov Jan Mar May Jiy 2 17"4 2.15 2 15-lB 2 22 J.20 2.20- 2 25 2.24 2.24'i- 2 27 2.26 2.26-i, 2 28 2 26 2 26 2.16 2.21 2 23 2.27 2.28 POTATOES SAN FRANCISCO (UPI FSMNS' Potatoes: Russets Klamath U.S. 1 S-R ounce minimum 4 10- 4 25: De schutes U .S. I A 4 00. U .S. 1 614 ounce minimum 4 25. LOS ANGELES ilTI FSMNS Polatoes: Russels-Orcgon U.S. l. 4.10. KIM) EXHAUSTED Klamath County's porcupine bounty has been exhausted for the year, County Treasurer Eva Cook said. The fund amounted to $3,000 for fiscal 1959-60 and was used up Monday. Several young porcupine hunters were left with non-negotiable noses after (ha last money wa spent, the aid. f':mimvmiavim j ' nw immm ii) 'ni' t jl E - , ' .';. -.' ..- e "i 'y . - i f .V- -f (V; J air: p.T-Hvr: r - 'Z NEW OWNERS of the former Davenport Town and Country grocery store and meat market at Yreka are Glenn Hull, left, and Harvey Schuler. Schuler was manager of the Purity store at Dunimuir before coming to Yreka and Hull was manager of California Pacific Utilities Company in Dunsmuir. The new. market will be known as the S & H Town and Country Market. Bob Parker will be manager of the meat department. He has been employed as butcher at a Dunsmuir store. Two Killed In Police, Youths PALO ALTO, Calif. (UPH-Two persons were killed Tuesday when a speeding car carrying two teen agers collided with another aulo at a residential intersection as the youths sought to elude police dur ing a wild gunfight. A policeman was grazed on the hand by a bullet during the three mile chase. At least 20 shots were fired. , The dead . were identified as Duane Jacobs, 17, Palo Alto, and Woman Dines In Bastille SAN FRANCISCO (UPIl-Mrs. Martha Ann DeBorger, 35, dined in jail today for her 45th consecu tive day and insisted she may be!lcrsectjon eating county chow "until hell freezes over." Air Force Maj. Arthur DeBorg er, 38, was awarded a divorce from her recently, but she refused to disclose where she had hidden his $20,000 lilc insurance policy. She claimed he gave It to her as a gift. Marin Coimly Superior Judge Thomas E. Keating ruled that the policy belonged to the major, and ordered Mrs. DeBorger jailed for contempt Sept. 14 when she failed to produce it. She was sent to jail here as Marin County has no facilities for women prisoners. Judge Keating said she could get out anytime she wants to re veal the whereabouts of the poli cy, but Mrs. DeBorger is standing fast. "i ll stay in jail until the court recognizes (hat the policy was a bona tide gilt," she said. "I'll stay here until hell freezes over before I'll tell where it is." Brown Raps Political Foes SACRAMENTO Calif., (AP) Although California's primaries are open, Gov. Edmund G. Brown indicated Tuesday outsiders wouldn't be welcome in the Demo- craiic party s presidential pri mary. Brown, a Democrat, olfered no encouragement to Sen. John F Kennedy if the young man from Massachusetts should enter the contest. Brown said most of California's leading Democratic officeholders feel he. should be a favorite son candidate. "But I haven't made up my mind on lhal," he said, "and probably won't for some time." Kennedy has said he wouldn't enter California's primary lest a hitler contest split the party hero. It won a smashing victory in 1958, the lirst time in decades in Cal ifornia. Hearing-Waived By Suspect FRESNO il PU-Charles Hern andez, 38, Madera, waived a pre liminary neanng on a hit - run driving charge in the traffic death of Mrs. Bernadine Scott. 25, Fres no. Municipal Judge Leonard I Meyers ordered Hernandez to ROSKMKAD. Calif. (AP' First Superior Court for trial. j the Charles Coltons were deluged The victim was killed Oct. 7jby litters. Now it's letters, while standing beside her stalled The Coltons' two boxer dogs, car on the Fresno Freeway. Hern- Friskie and Cindy, had puppies undci admitted his car sideswiped Mrs. Scott s vehicle but claimed he was not aware that he struck her. HEARING SLATED BURNS, Ore. (AP)-The Oregon 1 Legislative Interim Committee on Natural Resources will hold hear ings here Thursday and at On tano Friday. Land, water and irrigation prob lems and fish resources in the Snake River will be discussed. Car Crash; In Gun Fight Kent'Allworth. 27. Mountain View. Jacobs fired at police with a shot gun and a rifle while his compan ion, Frank Lefief, 17, Palo Alto, drove the car. Allworth was a passenger in the car which was struck when Lefief drove through a stop sign at 75 miles an hour. The driver, Rich ard Humble, 27, Arcadia, suffered serious injuries. Officer Paul E. Barnill, 25, said he spotted a car driven by Lefief, who was wanted as a parole vio lator, and attempted to stop it. As the car sped away, Barnill opened fire with his service revol ver and Jacobs began shooting back. The cars raced Ihrough the main residential area, reaching speeds up to 90 miles an hour. The chase ended when Lcfief's vehicle struck iiumnie s broadside at the m- Lefief climbed out of the wreck age and attempted to escape. He was captured at gunpoint 200 yards from the scene of the crash and was found to have suffered only a superficial cut on his throat. Police Chief William Hydie said Lefief admitted burglarizing a San Carlos market last week and stealing the guns from a hard ware store a month ago. ' "We were just out on a rumble the youth told Hydie. Judge Orders Spy Be Paid OAKLAND (UPI 'Superior j Judge Thomas Ludwich ordered Mrs. Ardyce Handlery to pay pri vate detective William (Peeka Boo) Pennington $3,100 Tuesday as the balance of a $10,000 fee Pennington contended was owed him for spying on Mrs. Handlery's husband. Mrs. Handlery, 42, testified dur ing the six-day (rial lhal Penning ton's services were not worth the money. In ordering the payment, Lud wich refused to allow an addi tional $3,000 request to cover pay ment to Pennington's attorney, Kd ward Peck. Mrs. Handlery and her husband, a wenlhy hotel chain owner, have reconciled. Students Pick Elderly Pupil OCEANSIDE. Calif. (AP) A coed about lour times as old as most of her opponents has been elected homecoming queen ol Oceanside-Carlshad College. Irene Day Horvath, 72, won by a landslide over nine teen-agers Tuesday, receiving 270 to 300 voles. She came to New York from Hungary with her husband in 1914. then moved to California in 1933 after his death. She has been taking courses here for three years in efforts to become a crea tive writer. Letters, Litters Deluge Couple Jast week 30 of them. Friskie ac- counted for 16, Cindy 14 Three died, but Mrs. Colton is. stiU bottle-feeding Ihe other 27. She and her husband have Jound buyers for the whole mob, how ever, and the Jittle rascals will go to their new owners as soon as they're old enough. Then Mrs. Colton will h.ne time to answer the more than 200 letters she said she has received Imm all oer the country asking about the pups. Grand Jury Indicts Motherwell DOWNIEVILLE. Calif. 'I'PD- A county grand jury deliberated only five minutes before it in dicted Larry Lord Motherwell, 43. for the murder of a wealthy, el derly widow from Washington, D.C. The indictment, handed down Tue.-day, ruled that Motherwell must stand trial, probably in Jan uary, in the death of Mrs. Pearl I. Putney, 72. Motherwell left Washington with Mrs. Putney in June, 1958, on an automobile tour of the South and West which she described in let ters as "a last fling." The FBI said Mrs. Putney was believed to be carrying at least $50,000 in securities and cash when she left Washington with Motherwell. Mrs. Putney kept her relatives informed of the tour by sending ay-colored post cards. Her broth er, Castro M. Dabrohua of Winnel ka. III., called for police assist ance when she suddenly stopped writing. Authorities learned that Mother well and Mrs. Putney were last seen together in Marysville, Calif., when they checked out of a motel. Police at Las Vegas, New, took Motherwell in (or questioning. He claimed he drove Mrs. Putney from Marysville to Las Vegas and she left him to marry anoth er man. On Aug. 16. a bleached skull and bones were found in the Sier ra County mountains near the California-Nevada stale line. They were identified as the remains of Mrs. Putney. Field Service Holds Meet ETNA At the recent meetins of the Scott Valley Chapter of thel American Field Service, Clarence Dudley reported on the regional meeting held at Dunsmuir. Mrs. Howard Towne Sr., engage ment chairman for the organiza tion, said Llrich Preiss, foreign exchange student at Etna High' School, has been asked to appear at meetings of several organiza tions. However, rules .made by the field service will not allow him to do so until January. A 50-piece band from Willamette University has been tentatively scneuuiea iora benetit appear ance for the American Field Serv ice in February. George McMul len, Etna High School superin tendent, expressed the hope that proceeds from the event would replace the donation which would have been made by the Future Farmer Club at Elna at present. a was reported mere are no candidates from the junior class who are able to afford a trip to Europe next summer under the auspices 01 the American Field Service. Air Board Denies Plea WASHINGTON (UPD-The Civ il Aeronautics Board has refused by a 2-2 vole to stay its order permitting American Airlines to fly nonstop between New York and San Francisco beginning Nov. 1. The decision Tuesday ruled out the postponement, which had been sought by Trans World Airlines and United Air Lines, which al ready fly nonstop between the two cities. Trans World and United also have challenged the board's order, issued Sept. 2, in the U.S. Circuit Court of Appeals. Arguments will he held Thursday on their plea that the go-ahead for American be set aside at least temporarily Special Purchase! Famous Brand Name SLACKS 100o Wool In Hound Tooth Pottcrn Reg. 13.95 LADIES' 100o Wool Famous Nam All Sixes Reg. 10.95 ',' ,- ,.' ":s ;.u . , i A LOADED TRUCK drives onto the Lake Britton Ferry. The Loreni Company at Burney has devised this unusual method of transporting logging trucks to its big mill. Sinca the company owns its own roads leading to and from the ferry, trucks may be loaded to heir capacity without fear of being in violation of highway load limits. California Weather United Press International San Francisco Bay Area: Fair through Thursday: high today San Francisco 70, Oakland 72, San Mateo 72. San Rafael 74: low to night 48-53; northwesterly winds 5-15 m.p.h. Mt. Shasta-Siskiyou area: Fair through Thursday; little change in temperature. Sierra Nevada: Fair through Thursday; little change in tem perature. Sacramento Valley: Fair through Thursday; high both days 72-81; low tonight 45-53: northerly winds 15-25 m.p.h. decreasing to night. Northwestern California: Fair through Thursday; little change 'in temperature; high today and lo'.v tonight Napa 80-47, Ukiah 77-44, Santa Rosa 73-45; Coastal winds northwest and north 12-25 m.p.h. 5 Prisoners Get Sentence VISALIA (UPD Superior Judge Robert K. Meyers Tuesday sen tenced five prisoners involved in an attempted escape from Tulare County jail last monfh. Larry R. Phelan, 19, and Del Kent Turpin, 18, both of Dinuba were ordered held for the Califor nia Youth Authority after pleading guilty to escape charges. Sen tenced to four months in county jail on reduced charges of de stroying county property were Bryon Pollard, 22, Earlimart; Har old Callison Jr., 19. Travcr, and Richard J. Haga, 24, Culler. State Groups Clear Resort BIJOU (UPD-Two state agen cies have cleared the 150-mil- lion - dollar Tahoe Keys resort housing development of charges that its construction muddied the waters of Lake Tahoe. At a public hearing Tuesday, ex perts from the. Public Health and Fish and Game departments dis puted the charges of 39 Lake Ta hoe property owners that dredging of the project had stirred up silt and waste. The charges were made by at torney Max Hosict, Tahoe Valley, for the property owners, seven of them permanent residents of the resort area. State representatives told the Regional Water Pollution Board that no danger from pollution ex isted either to the public or to fish and wildlife. Tahoe Keys manager George Turner testified that project con struction had not contributed to water discoloration since water in Ihe area being dredged had been impounded behind levees in Aug ust. SHIRTS 99 J 4 6" Burney Lumber Company Carries Logs By Ferry By J. O. McKlNNEY MOUNT SHASTA-The Lorenz Lumber Company at Burney has introduced boating into .its lumber production -activities. The com pany operates a ferry across Lake Britton, a small body of water with a vehicular bridge at either end. Ferrying trucks across the 800 fout channel is not for the purpose of being "different." Sound eco nomic reasoning underlies the innovation. A few miles of travel is gained by taking to the water route, but a greater gain is in not having to watch weight limits on public highways. Lorenz owns its own roads leading to and from the ferry. Loggers may load to their trucks capacity without fear of being in violation of Uie law. TO MOST observers, seeing the! ferry plying back and forth across the lake, the mystery of how it got there is even greater than why H is there. No shipbuilding plants exist in the area. The main parts were manufac tured in Med ford and transported to the lake by truck to be as sembled at the site. The Medford Steel Company made 11 steel pon toons that reach the 40 feet across the width of the boat. These are bolted together, a truck track across the top at the mid dle, with loading and unloading ramps attached to either end. Motive power is supplied by an automobile engine. This is geared to a truck axle that reaches across the ferry. Instead of paddle wheels at either end, there is a winch. The boat operates between two ca bles that are anchored at either end and wrapped around the winch on the side next to it. Winding the winch one way pulls the boat toward one side. Reversed, it crosses to tne other. 1 his car ries empty trucks toward the tim ber and loaded trucks toward the mill. More than 30 trips, daily are made back and forth across the lake. SO QUIET' is the operation that few people outside the immediate vicinity know of its existence. The craft will sustain more than 80 tons of weight. Sixty tons is about as heavy a load as has been car I 25 TON ' E A S 100 FT. ff. MjL J boomjw min mi'MOHi I.14IF KIAMATH Ittl't, OIIOON v 1 . J.J I rhoto by McKinney ried across the lake at one time. An ordinary truck and its capacity load of logs causes the nontoons to sink about four inches below the line. 4 While Ihe ferry is steered nor mally by being flanked by the two cables, a strong wind can blow the craft lo one side. A small change in course can be ef fected by braking the winch on the side to which the boat- should be turned. A high wind is too strong for this method of navigation and boating is put off until fair weath er returns. Battleship paint is the only pro tection given the "Pride of Lake Britton" and applying it to all sur faces presents real difficulties particularly to the inside of the pontoons. A manhole at one end of the air-tight, 40-foot casket will allow a man to enter and. have a small amount of air. It is hard lo keep swabbing paint when the air is tainted. But that's how it's done. Skipper of the boat is James Sagaser, who answers to the title of admiral, captain, or plain deckhand. But he keeps the life line open between the timber fall ers and Lorenz Company's big mill. SMALL, SMALL WORLD DJAKARTA (UPI) - An In donesian newspaper, noting re ports from Singapore that the government there is planning to force husbands to turn over their salaries to their wives, said this would not mean much here. "In Indonesia," the paper said, "the husband's pay envelope too often contains only loan tickets, coffee checks and cigaret re ceipts." How To Hold FALSE TEETH More Firmly in Place Do your false teeth annoy and em barrass by slipping, dropping or wob bling when you eat, laugh or talk? Just sprinkle a little FASTEETH on your plates. This alkaline (non-acicH powder holds false teeth more firmly and more comfortably. No gummy, gooey, pasty taste or feeling. Does not sour Checks "plate odor" (denturt breath). Get FASTEETH today at drug counters everywhere.