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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Nov. 17, 1960)
PAGE 4 A HERALD AND NEWS, Klamath Falls, Ore. Thursday, November 17, 1960 MARKETS and FINANCE STOCKS NEW YORK STOCKS By THE ASSOCIATED PRESS Admiral Corporation A. J. Industries Allied Chemical Allis Chalmers Alcoa American Airlines American Can American Cyanamid American M & Fdy American Motors American Smelting American Tel & Tel American Tobacco American Viscose Anaconda Copper Armo Steel Atchison Railroad Bendix Bethlehem Steel Boeing Airplane Co. Borden Co. Eorg Warner Brunswick Burroughs Corp. California Packing Canadian Pacific Caterpillar Tractor Cclanesc Corporation Chrysler Corporation Cities Service Consolidated Edison Continental Can Crown Zellerbach Curtiss Wright Decca Records Douglas Aircraft Dow Chemical du Pont de Nemours Eastman Kodak El Paso NG Emerson Radio Firestone Tire First America Corp. Ford Motor Genera Dynamics General Electric General Foods General Motors General Tel & El Georgia Pac Cp Goodyear Tire Great A. & P. Great Northern Great West. Sugar Gulf Oil Co. Idaho Power Illinois Central International Bus Mch International Nickel International Paper International T & T Johns Manville Kaiser Aluminum Konnocott Coppor Libby, McNeill & Libby Lockheed Aircraft Loew's Thea Martin Co. Minnesota Mining Monsanto Chemical Montgomery Ward National Cash Reg. New York Central Northern Pacific Pacific Gas & Electric Pacific Tel & Tel -Pan American Airways Penn Dixie Cement Penney (J.C.) Co. Pennsylvania R.R. Pepsi Cola Co. PhUco Corp. Phillips Pet. Polaroid Puget Sound P & L Radio Corp of Amor ' Rayonier Incorp. Raytheon Republic Steel Reynolds Metals Richfield Oil Safeway Stores Inc. St. Regis Schenley Distillers Scott Paer Co. Sears Roebuck & Co. Shell Oil Co. Sinclair Oil Socony Mobil Oil Southern Pacific Sperry Rand Standard Oil Calif. Standard Oil N.J. Studebakcr Packard Sunray Sunshine Mining Swift & Company Texaco Thompson, R.W. Tidewater Oil Timken R Bearing Transamerica Corp Twentieth Century Fox Union Oil Company Union Pacific United Air Lines United Aircraft United Corporation United Stales Plywood Uniled Slates Smelting United Slates Steel Warner Pictures Western Union Tel. Westinghouse Air Brake Westinghouse Electric Wheeling Steel Woolworlh Company WALL STREET WALL STREET NEW YORK (AP) - Stocks closed lower in a dull session to day. Dealings slumped to the slowest level of the week. Volume for the day was esti mated at only 2.50 million shares, smallest of the week, compared Leaves No Tip . . . Hungry Yegg Gets Away With Meal At Eatery 32 . 43 , 73 V, 19 SS 93 '! 60 37 44 i 63 V, 22 H 64 ' 39 i 34 53 'i 32 H 80 ', 27 tt 36 !i to pace the decline in electronics 21 Vi after the firm's president lowered 28 Minis estimate of 19B0 earnings. 22 With indications the public was 41 ', buying new autos at a very fast clip, the motor stocks displayed a little life. Chrysler gained Vi and Ford Vt. U.S. Steel was a weak issue in that section, dipping ?. Long range U.S. government bond prices rose slightly and sev- eral corporatcs slipped to the minus side. Metals and electronics were about the weakest groups. Motors showed some firmness at times on substantial auto sales. Some I building materials firms moved higher. Eastman Kodak ran up 1 point and then promptly lost all the gain following news of an in creased dividend, plus an extra. DuPont fell Vt and Union Car bide Vi. A sharp drop in railroad freight carloadings for the latest week created a little selling in rails. Baltimore & Ohio and New York Central eased H. Texas Instruments dropped 3V 47 H 63 33 Vi 47 'k 16 Vi 36 H 30 hi 78 'i 189 ti 108 Vt 27 Vi 12 V, 37 24 Vi 63 39 77 66 H 41 26 H 52 V 33 Vi 34 li U',4 29 2914 47 s,i 30 547 55 97 40 54 38 Vi 75 10 26 15 56 87 H i 42 1. 28 56 Vi 15 Vi 40 S 64 27 17 'j 26 1,4 43 10 40 18 V, 53 Vi 228 31 54 Vi is v, 33 54 'A 41 86 Vi 36 V4 34 '.i 21 Vi 86 tj 544 41 4 37 38 ' 20 Vt 18 U 43 V, 40 A hungry burglar entered (he Spudnut Shop at 815 Pine Street Tuesday night and stole a full course meal, including soups, fruits, vegetables, bread and can-, dy. I The theft was reported to city police Wednesday by Frank Gor-. don, 811 Pine Street. Gordon said the burglar entered the place through an unlocked window. A theft was also reported by Roger Hall, 1934 Riverside. He said someone robbed his 21-foot cabin cruiser between Nov. 8 and Nov. 15. Some navigational gear, boots, tools, lifejackcts and pil lows were taken. The boat was moored to the small island on Lake Ewauna north of the old Copco warehouses. Curtis Coleman Bowles, 51, 3445 Anderson Street, was charged Street. There were no injuries or with petit larceny Thursday, citations. George Kirkpatrick, manager of the Safeway Store on South Sixth Street, said Bowles tried to shop. lift several small items from the store Wednesday. Some hubcaps were stolen from his car, Randall Souders, 933 El dorado, reported. Bill Dockery. 126 North Carroll Street, complained that a neigh bor had garbage piled in a truck. The garbage was causing a bad smell in the neighborhood. Brake failure was the cause of, the lone traffic accident in the city Wednesday. A car driven by Nicholas Vernon Rcntenaar, 23, 741V4 Alameda, went through a stop sign at Shasta and Washburn ways when the brakes failed and struck a car driven by Patricia Ann Johnson, 29, 1821 Arthur CITY BRIEFS LIVESTOCK PORTLAND (AP) - (USDA1- Cattle salable 50; few sales slaughter classes steady; a few good slaughter steers 22.00-23.00; choice earlier this week 24.00 24.75; good and choice heifers during the week 20.50-22.00; one lot choice 22.50; utility cows 13.50 15.50; canncrs and cutters 10.00 12.00; Holstein cutters 12.00-13.00; shelly canncrs 8.00-9.50; cutter and utility bulls 16.00-20.00. Calves salable 10; market steady; good and choice vealers 25.00-27.50; few standard vealers and calves 20.00-24.00; cull down to 12.00; good and choice stock calves 21.00-25.00. Hogs salable 100; trade slow. not established; during the week, No. 1 & 2 butchers 190-225 lb 19.50-19.75. few lots 20.00; No. 2 & 3 180-240 lb. 18.50-19.00; mixed grade sows 300-550 lb. 13.00-15.00. Sheep salable 100; slow, not es tablished; during the week choice wooled slaughter lambs 16.00 16.50; choice and prime ranee type 17.00 on Monday; cull to choice slaughter ewes 3.00-5.00 good and choice foeders 14.50-, 15.50. GRAINS CHICAGO (AP- Prcv. 22 ft Ti 44 Hi 79 hi 62 20 V 40 24 37 !i 45 28 32 M 37 V 7H 45 M 26 H 74 'i 49 ., 394 22 4!)V, 44 V4 69 High Low Close close Wheat Dec 1.99 1.98'4 1.9814 1.994 Mar 2.03 2.01 2.0213 2.03 May 2.00'. 1.98?i 1.99 2.00 Jly 1.8514 1.84 1.84 1.85 Sep 1.87Vi 1.86',4 l.B6'4 1.87'i Corn Dec 1.03V4 1.02 1.02',4 1.0314 Mar 1.08 1.07'4 1.07Mi 1.08 May 1.12 1.11 I.IH'4 1.12 Jly 1.15(i 1.14'i 1.14 1.15'i Sep 1.13'.j 1.13 1.13'. 1.13 Oats Dec .58V4 .57 .57 .58 Mar .63i .6214 .62'i .63'.fc May .66V4 .64!i ,64 .66 Jly .65 .64 .64 .66 Sep .66 .65'i ,651 Rye Dec 1.12 1.11'i 1.12 1.12 Mar 1.1814 1.17 1.18'4 1.17 May 1.2014 1.20 1.2014 1.20'4 Jly 1.2014 1.19'i 1.204 1.19 Soybeans Nov 2.1214 2.10 2.1114 2.12'4 .Inn ' 2.15'i 2.13', 2.14 2.1614 Mar 2.20 2.17 2.19 2.21 May 2.24 2.20'i 2.22 2.244 Jly 2 26 2.23 2 25', 2.26 Astoria Baker Bend Brookings Burns Eugene Lakeview Medford Newport North Bend Pendleton Portland Red Bluff Redmond Roseburg Salem The Dalles Malin Pick Councilmen MALIN - Dan ' McAuliffc, George Bauer and George Pappc were elected last week to serve terms of four years each on Ma lin City Council. Their terms will begin Jan. 1. Votes were counted during a council meeting recently. In oth er action, the council heard a report from Iva Taylor, city re corder, that city records have been audited for the fiscal year ending last June 30. The recorder also announced that the city water storage tank nd water lines have been cleaned, flushed and chlorinated. Councilmen approved renewal of liquor licenses held by two lo cal firms. They also granted a business license to a fountain owner here. The council will meet again in regular session Dec. 6. Oregon Weather By THE ASSOCIATED PRESS 24 hours to 4:30 a. m. Thursday Max. Mln. Prep. 56 45 55 54 49 57 39 52 56 59 59 58 62 59 62 59 57 47 25 34 52 27 50 34 40 49 51 40 51 45 30 45 53 39 .16 UF Drive Hits 87 Per Cent Bethel 61, Order of Job's Daugh ters, will conduct a regular meet ing Monday, Nov. 21, at 7:30 p.m. in Scottish Rite Temple. Grand officers will be in attendance for initiation. Dinner plans have been canceled, but refreshments will be served. Childhood Education Association. Klamath County, will meet Satur day beginning with a coffee hour at 9 a.m. in Shasta School. Neva Dallas, state elementary super visor, will be guest speaker. Con servation projects will be dis played. A Card Party will be conduct ed at Midland Grange Hall Satur day, Nov. 19, at 8 p.m. The Dub- lic is invited and refreshments will be served. hall, corner of Shasta Way. and Madison. Open House for relatives and friends of Mr. and Mrs. M. W. I ' Bill J Simpson, 5G15 Harlan Drive, jin honor of their silver wedding anniversary Sunday, Nov. 20, from 2 to 5 p.m. Juvenile Held For Shooting . .. ..... tr. tibial I ny Jonn t ribe, everyone welcome. Association ai me mra wm A X 1 B 17 p.m. Saturday. Nov. 19, before BUS At 2 DOVS : j o.n vln.lh 4ir. Kummage Kale win De neia oy Saturday noon. idii the Women of the Reorganized craft. Liston Aircraft or The Hob Latter Day Saints Church Friday, by World. Nov. 18, from 8:30 a.m. to 4:30 p.m. in the church annex, Ninth and Plum streets. Eagles Auxiliary will meet Fri day. Nov. 16, of Nov. 25. First Presbyterian Church ba zaar, coffee and merchant's lunch I Saturday, Nov. 19, at the church. Dr. Raymond C. Tice will fill Coffee hour starts at 9 a.m. regarding her 12-year-old son. Thg the pulpit at the Church of the Luncheon will be served ironvboy was taken into custody for City and county juvenile off. cers sometimes are faced with considerable opposition from iran and overprotective parents. City Juvenile Officer Ray How. ard yesterday talked to a mother at 8 p.m. instead:"'1""1"' m,ilm 31 lne " a.m. set viie ouuudv, nuv, u. Job's Daughters Bethel No. 6 will meet at the Masonic Temple at 7:30 p.m. for a regular meet ing. All girls please attend. Neighbors of Woodcraft will have their regular meeting Nov 21 at 8 p.m. in the KC Hall. YMCA Family Night. Friday, Lakeshore Duplicate Bridge Club committee's master point lournamcnt will be Sunday, Nov. of the Snake River will he shown 20, starting at 1:30 n.m. in the' city Library. Weed Group Picks Rancher SALEM (AP) - The Oregon Weed Conference elected Ray mond Crahtrpf a Mannin ranr-h- Nov. 18, potluck supper at 6:45ler. president befoce closing its p.m. in the Y building. Pictures, ninth annual meetine here Wed- Prospcrity Rebekah Lodce No. 104 Will mpnt Thin-trly,, N 17 LAKEVIEW - Lake CountyVat 8 p.m. in the IOOF Hall. A special film on flowers and gar dens at the World's Fair in Brus sels will be shown for a Thanks giving program.-All Rcbekahs are invited to attend. United Fund drive reached with in 87 per cent of its coal bv Nov. 16, said Dorman Turner. co-chairman of the drive with Don Hotchkiss. About $9,200 of the $10,575 Real had been collected or pledged when Turner reported. He said a successful drive is practically assured, since some definite pledges have not yet been recorded. Collections in rural areas havei increased from about $1,200 last! year to more than $2,000 this! year. Drive volunteers urge those who have not completed reports to do so. M. VFW Auxiliary will hold their regular social meeting Thursday evening at 8 o'clock. Cancer bandages will be wrapped. Mem bers and friends welcome to at Shasta View Grange 830 will hold its regular meeting Friday. Nov. 18, at 8 p.m. in the grangcl Forester Gets Recognition PORTLAND (AP)-Travis Tyrell, area forestry officer the Bureau of Land Management here, received the American Mo tors Conservation Award Wednes day from director Edward Wooz ley. The award is for outstanding service in the field of forest man agement. Tyrell was cited for! nearly three decades of govern ment service. He is credited with a leading contribution to develop ment and application of sustain ed yield forest management of the bureau's Oregon & California grant lands in western Oregon. 11:30 a.m. to 2. at $1.25 for adults, 50 cents for children. Lots of at tractive gifts for Christmas. Make Reservations for the din- ner for members and guests of . Klamath Chapter Oregon Pilotsj YveeK'LOng KQin Boosts Moisture By THE ASSOCIATED PRESS Another in a week-long series of rain showers splashed over Oregon today and brought total rainfall during the period to more than three inches at some coastal points. Rain during the period has ex ceeded two inches at many West ern Oregon inland points and is at 1.75 inches at Portland. Forecasters said more rain was expected Friday. Storm fronts nesday. Some 200 scientists, farmers and industry specialists attended the two-day meeting. Also elected were George Kitz- miller of Portland, vice president. and Louis Olson of Madras and for: Keith Sime of Portland, directors. Speakers included P. G. Lauter bach, a forester for the Weyer haeuser Timber Co. at Centralia, and Carl Bond, an Oregon State College fish and game scientist Lauterbach outlined methods of chemical brush control in timber production. Bond explained how weed control is applied to fish ponds. . The conference gave its annual award for the outstanding job of weed control by a county exten sion agent to J. D. Verlrees of Klamath County. shooting a BB gun at a pair of 10-year-old boys who were trying to enier scnooi last rrioay. "The whole town is crummy," the mother said. "My boy is mis. treated by everybody. I'm going to get him out of town before he's ruined." Howard referred the case to the County Juvenile Of. fice. Herbert C. Graham, 3110 Arlrli. son Street, caught two 12-year-old boys Wednesday who had been trespassing on his property on Biehn Street. Graham chased the boys after they threw a snowball at his car. Both boys and their parents an scheduled to appear at the County Juvenile Office Thursday alter. noon. hauo hoon art-ivino at infoi-valc nf 24 to 36 hours. Motel OWHCrS Continued mild temperatures were forecast for most of the OQDOSe wl1Qn(3G state. The Weather Bereau said, however, the freezing level prob ably will drop to about 4,000 feet. VERY QUIET MAN LOS ANGELES (AP)-A wom an won a divorce Wednesday on testimony that her husband was so quiet it gave her ulcers. "He is a very, very quiet man, said Shirley Michel, 31, of James D. Michel, 37, a draftsman. SEASIDE (AP) Opposition lo any drastic change in the pres ent state law on billboards ua voted Wednesday by the Oregon Motor Court Association. The group also urged that charges for camping in state parks be raised to levels compar able to those charged by private operators. The association said they now are in an unfair com petitive position. , Suggests Local Option On Time GRESHAM (AP) Rep. Ed win E. Benedict, D-Multnomah today said he will introduce at the next Legislature a bill for daylight saving time on a local option basis in Oregon. A measure to give daylight saving time to the entire state went down to defeat in the Nov. 8 election. Benedict said, though, Multnomah County endorsed the measure by a margin of 40,000 votes. .05 Western Oregon Showery through Friday with partial clear ing tonight. Cooler, wilh low to night 40-47. High Friday 48-54 Coastal winds southwesterly or westerly 12-22 miles an hour, Small craft warnings on coast. POTATO CHICAGO (AP) - Potatoes ar rivals 48: on track 222; total U.S. shipments 412; market about steady; rarlot track talcs; Minne sota North Dakota Red River Val ley Round Reds, mostly Pontiacs 2.50-2.75. Coast Angling Reported Slow PORTLAND (AP) - The Ore gon Game Commission Wcdncs day said silver salmon and steel. head angling off the Northern Oregon coast has been slow. How ever, it said a fresh run of steel head and salmon should be com ing soon in Tillamook-Nestucca area streams. Steclhead angling remained slow on the Columbia River, but was fair on the lower Grande tionde and lower lninaha rivers. A few steelhead were taken from the Snake below the mount ol Pine Crock. Gasoline Tax Originator T Now ActniinHAH FOREST GROVE. Ore. (AP) - Loyal M. Graham, who originated me gasoline tax in this nation, will soon be 100 years old. Graham said he was astounded at what he wrought in the 1919 legislature, when his gasoline lay bill was passed after the state found bonds did not nrovidc enough road-building money. l never nad any thought dur ing the legislature that the gaso line lax would ever get out of inegon, lie said. But within a few years nearly every stale, and the federal gov crnment as well, had added a gas oline lax. It is a tendency of a Yankee to ride a free horse to death, sighed Graham. A life-long Republican. Graham served six terms in the Oregon legislature. He had been in the Nebraska legislature before he came to Oregon in 1911. A native of Pennsylvania, he now lives in a Masonic home winch he hel)cd found. His wife, who is 80. lives nearby with mem bers of the family. Graham -e- ....... ins iaw n acien in Jones To Head County Group POTATO SHIPMENTS KLAMATH BASIN 59-60 60-61 Dally Truck-Ore. 15 2J Dally Rail-Ore. g u Dally Trurk-Cal. u in Dally Rall-Cal. St jo Dally Total Oregon Calif. 67 $4 Monthly Total 534 422 Season Total 1815 1618 SAN FRANCISCO (UP1- FSMNS) Potatoes: Russets Klamath U.S. 1A 5 00- 5.25: 6-14 oz minimum 5.75-6.00. LOS ANGELES (UP1KSMNS)- Potatoes: Russets Cenlral Oregon U.S. 1 6-14 oz 5.35; 10 oz minimum 4 50; No i 10 oz minimum 3.40. PORTLAND (AP) - Darrcll Jones, Clackamas County com missioner, Tuesday was reelected president of the Association of O&C Counties, which is made up of counties holding Oregon and California revested timherlands. , C. M. Barnhait, Polk County judge, was named vice president and Emit E. Larkin. P.enton Coun ty judge, was elected secretary-treasurer. Elected lo the executive board were Bruce Davidson, Josephine County commissioner; Chester E. STOCKTON (UPI- FSMNS) wendl, .lacKsnn Lounly commis- Livestock: sioncr; Robert F. walker, Klam- Caltle salable 1.900; calves sal- nlh Cmmly iuAfiV'- Mlke M,,Ifr- able 600; hogs and sheen salable ''"11" l0,n,.v commissioner, and 1U44. OBITUARIES KLAMATH PBUKINS IOU O. PERKINS. 74. .n... Ai l.i. ;oun ana a rp.ia.nl 0I mis city lor 21 Vtlri, died h.r, Nov. 17. Sh, , ,ur. vivod bv lour loni Omar R, P.rkini ol ''n ran., c. I. I'trkln. a, dii. vi,,.rs r. Ktrmrts ol Tacoma. Willi. R. Parkins of HollviMwu rvu.i... .. rial Chanel will announce the funeral Funerals KLAMATH none. Entire supply held fur after noon auction. Weed Control Report Issued PLANS BIG VESSEL NEW YORK (UPD-The world'. largest underwater-cable laying Mip will be built for the Ameri can Telephone and Telegraph Co. by 12, It was announced today. The ship will be capable of carry ing 1,800 miles of deep-sea cable. They said a successor will be SALEM (AP) The slate Agrl- ihosen before Jan. 1. culture Department said today it controlled 11.400 acres of ragweed in Western Oregon this year 1,100 acres more than in 1939. Controlled were 550 acres of new infestations in Josephine, Polk. s"chTfbuer Funeral services tor Ethel Schllfbauer will lake place from the chaoel ol Ward's Klamath Funeral Home on Saturday, Nov. I. at to . am., the Rev. Albert E. Place of the Cnlloquln Methodist Church officiating Concluding services In Klam ath memorial Park. ORtFFITH ' Funeral services lor Charles Leslie Grif fith will take place from the chapel of Ward's Klamath Funeral Home on Salur dev. Nov It, at 1 p m . Pastor Otis Bell of the First Christian Church officiating. Concluding services In Klamath Memor ial park. r 1 n v t n n 'vl.,. l'.l,i..n,., 1 county commis.sioner. .Congressman s The official! were told that lor- m .? . mer Sen. Guy Cordon will be un- MOther PCOu able to continue representing thfir: SALEM (AP Mrs. Albert C. counties in Washington. D. C rilman. 81. mother of Ren Al I'll. PRISON I11RFS HYPNOTIST man, D Ore., died in a Salem hos pital Wednesday after a long Ill ness. Her husband was a merchant In Seattle and Snohomish, Wash., and they moved to Portland when he retired 16 years awi. Thcv Marion and Clackamas counties.! slate prison here to use hypnosis The Portland area had a leroito help rehabilitate prisoners. The pollen count of ragweed for the i appointment was revealed Wed- entne season. 'nesday. PARCHMAN. Miss. (ITP-Dr. E. J. Matranca. a chlromdist and hypnotist, has been hired by the came to Salem five years aw Survivors include the widower; another son. Miles C. I'llman, Aiexannria, va ; and a daughter. Mrs. Robert Spraguc, Salem. FINE IMPORTED cON GENUINE CHINA Ml J DIMNERWARE I 's i " tfSTlieP V R ' I New, exclusive, contemporary designs In rich, fresh 1 J n I colors. This beautiful, translucent china has a soft-white- I U , -- - ' 'sS'' $ 7tCH background that blends equally well with modern and I &p :; "': JnA J 'i traditional lettings. ii- ' jj CHOICE Or 4 PATTERNS M . 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