PAGE 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. They were also
charged with burglarizing a cat
111 Tulelake.
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