Herald and news. (Klamath Falls, Or.) 1942-current, January 14, 1960, Image 4

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Herald and news., January 14, 1960, Page 4, Image 4

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Newspaper Page TextPAGE 4 A HERALD AND NEWS. Klamath Falls. Ore. Thursday, Januarv 14, 1060 MARKETS and FINANCE Stocks WALL STREET NEW YORK AP - The stock market closed higher today after a vigorous recovery from six days of decline. The ticker tape was late at the close with trading heavy and prices strong. Volume for the day was csti mated at 3,600,000 . shares com pared with 3,470.000 Wednesday. Pivotal issues rebounded from fractions to about 2 points from Six straight days of sharp decline Bullish news on auto production and rail carloadings helped scnli ment. A welter of encouraging items about specific companies made the atmosphere rosier. An exception was Du Pont, down about 2 points on news the Jus tice Department plans a contin ued fight to force Du Pont to di vest itself of its stock holdings in General Motors. U.S. government bonds turned mixed. NEW YORK STOCKS By THE ASSOCIATED PRESS Livestock PORTLAND (AP) - (L'SDA) Cattle salable 50; not enough of fered early to test market; good choice fed steers earlier this week steady at 24.50-27.O0; good low choice heifers weak to 50 cents lower at 22.50-24.50; canncrs-cut ter cows weak to mostly 50 cents lower; late sales 11.50-13.00, Hoi stein cutters 14.50. Calves salable 10; good-choice vcalcrs quotable 28.00-33.00. Hogs salable 100; trade active, steady with Wednesday's 25-cent higher close; V. S. 1 and 2 butch ers 185-230 lbs 14.50-14.75; sows scarce, salable 9.50-12.00. Sheep salable 50; slaughter lambs scarce; for week 50 cents to 1.00 higher; high good-choice fall shorn and woolcd lambs 18.50 19.25; few good choice feeder lambs 16.00-17.00; cull-good ewes quotable 3.50-6.50. Corn Mar 27 IA '"ay sn''AlBCP 94 "Hi 11)2 mar Mar Jly Sep Rye Mar May Jly Sep Admiral Corporation 21 A. J. Industries 6 Allied Chemical 10!) Allis Chalmers 35 V4 Alcoa 99 14 American Airlines 22 -!i American Can 43 American Cyanmide 54 a American M 4 Fdy 57 ' American Motors 90 !i American Smelling 49 American Tel 4 Tel 82 ft American Tobacco 107 ! American Viscose 40 'k Anaconda Copper 67 9 Armco Steel 70 Atchison Railroad 26 Vt Bendix Aviation 69 ik Bethlehem Steel 52 Hi Boeing Airplane Co. 31 '. Borden Co. 86 ft Borg Warner 46 Vt Burroughs Corp. 33 Vi California Packing 29 V4 Canadian Pacific 25 Vt Caterpillar Tractor 32 Is Celanese Corporation ' 30 Chrysler Corporation 65 V4 Cities Service ' 47 V Consolidated Edison 61 'A Continental Can 45 Vt Crown Zellerbach 51 Curtiss Wright 29 Douglas Aircraft 39 5,i Dow Chemical 92 riu Pont rift NenmurK 25fi Va Sep p.i Pncn Nr: n Dec Emerson Radio 16 H Firestone Tire 133 First America Corp. Ford Motor General Dynamics General Electric General Foods General Motors 52 Georgia Pac Co. 49 Goodyear Tire 45 ? Great A. & P. 9 Mi Great Northern 52 Great West. Sugar 30 Gulf Oil Co. 33 Idaho Power . 47 Illinois Central 45 International Bus Mch 428 International Nickel 106 'i International Paper 127 14 International T 4 T 36 Johns Manville 46 ' Kaiser Aluminum 51 Kennecott Copper 95 -li Libby. McNeill & Libby 10 Lockheed Aircraft 29 Loew's Incorporated 30 Minnesota Mining 166 lb Monsanto Chemical 51 ' MontgomeryWard 50 National Cash Reg. 63 Vt New York Central 31 Northern Pacific 46 Vt Pacific American Fish 11 i Pacific Gas & Electric 63 Pacific Tel & Tel 30 Vt Pan American Airways 21 1 Penn Dixie Cement 30 ',i Penney (J.C.) Co. 124 Vt Pennsylvania R.R. 16 V4 Pepsi Cola Co. 37 Philco Corp. 31 Phillips Pet. 46 Vt Polaroid 180 Puget Sound P & L 30 Radio Corp of Amer 64 Rayonier Incorp. 25 ! Raytheon 50 Republic Slecl 71 Reynolds Metals 67 :!i Richfield Oil 77 Safeway Stores Inc. 36 Vt St. Regis 49 i Schenley Distillers 34 T Scott Paper Co. " "8 H Sears Roebuck & Co. 49 H Sinclair Oil 52 '.i Socony Mobil Oil ; . 40 ' Southern Pacific 22 Sperry Rand 24 Standard Oil Calif. 48 ' Standard Oil N.J. 48 Studebaker Packard 23 "'4 Sunray 23 T Sunshine Mining 7 Swift & Company 46 Vt Texaco 79 Thompson, R.W. 53 Vt Timken R. Bearing 65 Vi Transamerica Corp 27 Twentieth Century Fox 33 li Union Oil Company 40 Union Pacific 30 United Air Lines 33 14 United Aircraft 40 H United Corporation 7 h United States Plywood 48 United States Smelling 30 United States Steel 95 U Walgreen Stores .is Warner Pictures 41 Western Auto Supply 31 '1 Western Union Tel. 55 Westinghouse Air Brake 31 Westinghouse Electric 105 Wheeling Steel 58 ' Woolworth Company 64 STOCKTON (UPI. FSMNS) - Livestock: Cattle salable 25. Market un tested. Calves salable none. Hogs salable 25. Good and choice 50-90 lb feeder pigs 13.50 14, 90-120 lbs 12-14. Sheep salable none. LOS ANGELES (L'PI-FSMNS)- Livcstock : Cattle salable 300. Slaughter steers and heifers and range cows steady to weak. Dairy cows steady. Others nominal. II i gb standard and good 1346-1467 fed Holstcin steers 22-23; average- standard 1305 lb 20; standard 1338 lb heifers 19; low to average util ity 1000-1100 lb range cows 15-16; low-utility down to 14; utility dair ybreds 14-16; canncrs and cutlers 12-14; light or shelly canncrs 10 50; utility around 1250-1300 lb. dairy-type bulls 22-22.50. Calves salable 10. Nominal. Hogs salable 75. No. 1-2 with small end No. 3 grainfed barrows and gilts estimated to yield 70 per cent firm at 13.75. Sheep salable none. Nominal. Mart Owner To Command 1960 UF GRAINS CHICAGO (API High Low Close Prev.Close Wheal Mar . . 2.03 2.02', 2.02r,-Vt 2.03'.i May 2.02 2.01V4 2.01i-i 2.02'i Jly 1.84'i. 1.83"'4 1.83 1.83 1.86',. 1.85T I.86V4 1.91 1.90'. 1.91V4 I.86V4 1.91'A Ron Phair, owner of the Big Y Market in Klamath Falls, became the I960 president of United Fund in Klamath County during an an nual awards meeting and banquet in the Willard Hotel Wednesday night. Phair was first vice president last year. He replaces Richard Callaghcr, 1959 president. Other new officers are Chuck Burman, first vice president; Vince Bousquet, second vice presi dent; Leo Molatore, treasurer, and Marie Chamberlain, secretary. Their names were submitted to the membership by the UF nom inating committee for approval. Voters agreed unanimously with the choices. They included 20 persons picked for three-year terms on the 60 man board of directors. Directors who have served pre viously and who were reelected last night are Frank Ganong, Chuck Bailey, Chet Clark, Thayne Cole, Paul Cruikshank, Noel Flynn, Ralph Hunter, Robert Puckelt, Ho mer Richey, E. J. Richard, Tom McGill and O. R. Samples. The following persons, who have not served before were elected: Wilbur Womer, Marie Chamber lain, Al Nyback, Police Chief Charles Howard, the Rev. Robert C. Groves. Mrs. Don Robin, Dr, Calvin Hunt, and the Rev. George Murphy. A'- vb l.in'r - FIRST TIME WINNERS received the coveted United Fund Outstanding Citizenship award from I960 drive Chairman Paul Cruikshank, right, during the annual UF meeting and banquet Wednesday evening. They are, left to right, Joe Matlick, representing Fluhrer's Holsum Bakery; Ford Kimpton, Sears, Roebuck and Company; Mike Eittreim, Bend-Portland Trucking Service, and Bob Scoggins, Safeway South Sixth Street store. 1.11 1.14 1.145,i- l.M'.i 1.17 1.17'A 1.17Vi- 1.17 1.19V 1.19 I.MV4 1.15'. 1.15V4 1.15 Dec 1.09 1.09'i Oats .77'.2 .76 .77'i .74. 74'.i .74 .67 .66 " .67- .65 .65 !s .65 'i I.W4 1.18 l.OOVi .77 V, .74' .65 1.29V4 1.28 1.2814 1.29 1.3014 1.29 1.30V'-i4 1.30 1.261a 1.25 1.2614 1.26 1.27(4 1.26 1.27'4 1.28 POTATOES SAN FRANCISCO (UPI-FSMNS) Potatoes: Russets Deschutes U.S. 1A 5- ounco minimum 5.65-5.75; Klam ath bakers U.S. 1 4.25-4.50. Revamp Plans Approved LAKEVIEW - The State Board of Education approved reorgani zation plans Tuesday for five districts, including Lake County. Following public hearings in Lake County, the two administra tive districts were accepted as fol lows: The south district, R-7, would be composed of the present school districts of Kelly Creek, Un ion, Lakeview, Plush, Adel, New Idaho and Vernon. The north dis trict, R-ll, would be composed of Paisley, Ana River, Silver Lake and Fort Rock. The reorganization program was carried out under a 1957 law which requires that school districts be es tablished ol such size and finan cial stability as to conduct a lull 12-year curriculum. Another 1957 law abolished the non-high school districts as of July 1, I960. As a result, any school district will be required to furnished education through high school, either by pro viding a high school of its own or by paying tuition and transporta tion and-or room and board. Approval of the plans by the state board means elections must he held in the affected areas be fore March 22. rrTTr IPlpr' f.V; - ; v I J IT I i m Appliances To Be Featured By New Klamath Falls Store Midlam's Factory Outlet store will be opened on Saturday at 11th and Walnut streets by Don S. Mid- lam, who has operated Midlam's at Bend for the last live yeaia The i-wo stores have the cxclu- tin franchise as MOIPUim iciau outlets for the territory from Was co County. Oregon, through Duns muir. California. This is the first time the Hotpoint Metropolitan SnrviVe ha.s been established in any city of less than 250.000 popu LOS ANGELES Potatoes: Russets Klamalh small 2.25. . (UPI-FSMNS) U.S. 2 2.75 Flu Epidemic Hits LA. LOS ANGELES (UPI) A half- million Los Angeles residents have been stricken In an epidem ic of what authorities believe is Asian influenza. The disease which broke out on large scale early this week was declared of epidemic proportions Wednesday by acting city health officer Ralph Sachs. He said it would hit its peak in about week. Dr. Malcolm Merrill, state health officer, said the disease was identified as Asian influenza in patients from San Diego and nearby counties. He said the vi rus invading Los Angeles was be lieved to be the same. The infection causes high tem peratures, sore throats, chest and stomach pains but so far has not been leported to be fatal. It usually runs Us course in two to five days. PTA NEWS SLIDES SHOWN TULELAKE - Bill Whitakcr, manager of the Tulclakp-Rutte Val ley Fair, showed his collection of slides of the fair at the regular meeting of the Newell Elementary PTA Friday evening. January 8. Whitakcr also showed slides por traying "America the Beautiful" and "Cool, Clear Water," accom panied by appropriate music. During the business meeting the group voted to appropriate 15 cents per child per school party during the year. The date for the annual school carnival was set- for Friday, Feb ruary 26. Hostess chairman for the eve Skiing Today LAKEVIEW Clyde Peacock. Uarncr District ranger for Fre mont Forest, reports there will be skiing today in the Warner Canyon Ski area. There is a 24-inch snow base topped by six inches of pow dered snow at the lower tow. Warming huts and snack bar will be open for skiers Saturday and Sunday. Plans are to operate each Thursday so long as the snow. lasts. UNITED FUND OFFICERS for I960, picked during an awards banquet Wednesday evening, left 0 right, are Chuck Burman, first vice president; Ron Phair, president; Leo Molatore, treasurer, and Marie Chamberlain, secretary. Second Vice President Vince Bousquet is not pictured. Plea Changed To Guilty A Crescent millworker changed his pica on a petty larceny charge from innocent to guilty in district court Wednesday. Mclvin Ray Bonner, 26, who op erates a junk business as a side line, admitted stealing about 250 tie plates from the Klamath North ern Railway during August. Bonner's trial was to have been held today. Instead, he was fined $150 by Judge D. E. Van Vactor. JURIST PLEADS GUILTY NEW YORK (UPI) - Gcorgi A. Brenner, 55, former Wcstchos-1 ter County judge, pleaded guilty, in New York General Sessions Court Wednesday to charges of grand larceny, forgery and con-! spiracy in an alleged $718,425 stock certificate swindle. POTATO MARKET INFORMATION (Furnished by Federal-State Marketing News Service) POTATOES RAIL AND TRUCK SHIPMENTS (CL EQUIV.J 1-13-60 1959-60 195B-59 KLAMATH BASIN Oregon Rail 10 535 319 Oregon Truck 10 1,112 894 Calif. Rail 17 1,756 1,201 Calif. Truck 19 1,038 862 CENTRAL OREGON Rail 10 1,222 625 COLORADO 28 2,603 3,320 IDAHO Rail 183 19,835 24,313 WASHINGTON Rail 1 8,634 6,476 U.S. TOTAL Rail 592 94.869 91.825 SHIPPING POINT PRICES: (SKD. PER CWT) FOB KLAMATH BASIN PTS: NETTED GEMS U.S. No. 1-A 2" or 4 ox. min U.S. No. 1-A 5-14 or. U.S.2 2" min. NET PRICE TO GROWER BULK AT CELLAR: NETTED GEMS U.S. No. 1-A 2" min. U,S.2 FOB CENTRAL OREGON PTS. RUSSETS U.S. No. 1-A U.S. No. 1-A 6-14 ox. min. U.S. 2 2" or 4 ex. min. 50 lb. NET PRICE TO GROWER - BULK DELV'D. WHSE. RUSSETS U.S. No. 1-A U.S.2 2" or 4 ox. min. IDAHO PTS: NET PRICE TO GROWER. RUSSETS U.S. No. 1-A U.S. No. 2 6-ox. POTATO UNLOAD 38 CITIES Wed. Rail Unload 366 Truck Unload 275 Total Unload 641 Wednesday 4.25 4.70-4.75 2.25-2.50 3.50 1.50 4.30-4.40 4.75-4.90 2.40-2.50 3.70 1.70 3.50-3.80 1.50-1.75 Week Ago 333 247 580 Oregon Weather By THE ASSOCIATED PRESS 24 hours to 4:30 a.m. Thursday Max. Min. Prep. Astoria 40 34 .13 Baker 23 14 T Bend 31 20 Brookings 50 37 .43 Burns 18 7 .13 Chiloquin 20 0 T Chemult 22 16 Eugene 43 34 .08 Lakeview 27 7 .02 Med ford 41 30 T Newport 46 North Bend 45 38 .65 Pendleton 18 9 T Portland Airport 34 26 .11 Roseburg 42 31 .03 Salem 40 32 .12 The Dalles 20 19 .05 Eastern Oregon Considerable cloudiness and a few light snow flurries tonight. Partly cloudy Fri day with a few snow flurries in the vicinity of the mountains. Low tonight 8-18; high Friday 22-32. Western Oregon Partly cloudy through Friday with a few show-i ers of rain or snow. Continued cold. Low tonight 28-35; high Fri day 35-45. Westerly to northwester ly coastal winds 8-18 miles an hour, decreasing to 9-18 Friday. Northern Oregon Beaches Partly cloudy with scattered show ers Friday. Temperature range 28- 43. Westerly to northwesterly beach winds 10-20 miles an hour. Grants Pass and vicinity Mostly cloudy with occasional snow or rain showers and some partial clearing periods through Friday. Low tonight 22-27; high Friday 37-42. Youth Held For Jury Philip Duane Jackson, Bonanza, was bound over to the grand jury Wednesday afternoon after prelim inary hearing on a charge he point ed a gun at his grandmother. Jackson, 23, is accused of wield ing the .22 caliber revolver dur ing an involved family dispute at his grandmother's home December 21. He faces two other charges resulting from the dispute, assault and battery and lewd cohabitation. Witnesses at the hearing before District Judge D. E. Van Vactor were the grandmother, Mrs. Anna May Copperfield, and Deputy Sher iff Bob Hartley. Admitted into evi dence was the revolver. Defense Attorney Robert Red ding moved for dismissal of the charges, but Judge Van Vactor de nied the motion. Jackson was released under con tinuing $2,500 bail. The defendant presently has be fore the state supreme court an appeal from a previous assault and battery conviction returned by the district court and confirmed bv the circuit court jury. Area Firemen Get Air Pack CHILOQUIN A Scott Air Pack was presented 10 ine Liiuuquni Volunteer Fire Department by its auxiliary. The Fircbelles, at a re cent meeting of the firemen. The air pack will enable fire fighters to enter areas without dan er of being overcome by smoKe and chemical fumes. It is report ed this piece of equipment will really increase the efficiency of fire fighting operations in Chilo ciuin. Mrs. George Hobbs, president of the auxiliary, also presented a check for $71 to be used for any purpose that will help maintain an efficient fire fighting unit. The Firebelles came into being a few years ago to assist the vol untary firemen in raising neces sary funds for operation of the department. The auxiliary also played an active role during last summer's Williamson River fire. Luther Shericr, president of the strictly voluntary organization, stated cost of maintaining and operating the ambulance and fire fighting equipment was high. The department, he said, "depends upon community financial support such as is given by its auxiliary, the Firebelles." Phone Almanac Now Available The telephone almanac for 1960 is now available free of charge in Pacific Telephone's Klamath Falls business office, according to Man ager T. W. Cole. "Boon to Better Living" is the theme of this year's almanac. It highlights the improvements in American household conveniences from the colonial era of the "Betty Lamp" to today's myriad of elec trical and mechanical devices. The 37th edition of the Almanac contains the customary "informa tion for farmers, businessmen, housewives, students and other tel ephone users" as the title page states. Newspaper SPOT ADS are inexpensive - repeated daily $1.16 Cattlemen Plan Meet LAKEVIEW Producing the beef steer of tomorrow, with spe cial reference to crossbreeding, will be the discussion topic at a cattleman's meeting Tuesday, Jan uary 19, at 1:30 p.m. in the Memor ial Hall. This is the second in a series of cattle production meetings sched uled this winter by the Lake Coun ty Stockgrowers Association and the county agent's office. John Landers, extension live stock specialist, will discuss ad vances being made toward develop ment of the beef steer of the fu ture, and will report on programs already underway resulting in more and belter beef at less cost. There is widespread interest in crossbreeding beef cattle for in creased production and Tuesday's discussion will bring out some methods, advantages, disadvantag es and problems of crossbreeding programs, says Oris Rudd, county extension agent. All stockmen are invited to at tend this timely meeting which will be followed by a brief report and discussion of Stockgrowers Associ ation activities. Stockgrowers Pres ident Erwin Abramson says that a report of the theft case of Yokum Valley last summer will be made along with a brief report on new Bang's control regulations. Also slated for short discussion are pos sibilites of a feeder cattle sale and Beef Council activities. lation, according to Midlam. A full carload of Hotpoint applj. ances has been received and will be sold off the floor at dealer's cost for the grand opening which commences at 9 a.m. on Saturday, Store hours will be from 9 a.m! to 5:30 p.m. Under the Hotpoint Metropolitan Service , policy, appliances art sold, delivered, demonstrated and 1 V) 1 sssr- k. 4 J5L DON S. MIDLAM tested in the home, and labor and parts for one full year are fur nished at no additional charce - The policy features factory-trained personnel and a complete inven tory of parts of this retail outlet. The line includes washers, dryers, ranges, refrigerators, home freez ers, dishwashers, water heaters and all major appliances. Electric housewares will not be handled. The basic policy on I960 mer chandise and thenceforward will be cost-pIus-10 per cent under the new Hotpoint factory merchandis ing plan," Midlam stated. "Terms will be available up to 36 months on FHA-type contracts and trade ins will be accepted." Mr. and Mrs. Midlam came in 1951 from Lima, Ohio, to Bend. Mrs. Midlam is a Hotpoint home economist and was experienced in that field before their move to Oregon. Several factory representatives are expected here for the opening, Midlam indicated. The resident manager, James Wood, is in train ing at Bend and will arrive hert later. It is expected that the Klam ath Falls store will have a staff of at least four or five persons. TRUMPET SOUGHT City police are anxious to hear from the person who found a trum pet and case in the vicinity of Lincoln, Grant and Tenth streets this week. The boy who lost it wants it desperately, they said. The finder is asked to contact Ray Howard, city juvenile officer, TU 4-3111. Trial Date Deferred YREKA Judge James M. Allen of Siskiyou County Superior Court deferred setting a trial date for Luther J. Kirk, 48. of Klamath falls, who pleaded not guilty to three counts of felony drunk driv ing and manslaughter. The trial date will not be set until January 18 when Harry Ham mond, defense attorney of Yreka, will submit a writ of prohibition on behalf of Kirk. Kirk was arraigned on the amended complaint filed Monday by Albert H. Newton Jr., Siskiyou County district attorney, charging him in the auto death of Mrs. Grace B. Lalo, 48, of Chiloquin, Oregon, in Dorris last November 11. Also appearing before Judge Al len were Billy Joe Spencer, 20. Wil low, Oklahoma, and Chester Leon Golden, 26, Hale Center, Texas. The two men pleaded guilty to charges of second degree burglary and were placed on three years probation. They were arrested November 15 in Tulclake, charged in the theft of guns, ammunition and clothing from an automobile in Tulelaka tlie same dav. 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