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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (March 1, 1963)
FAQB k HKfcALD AND NEWS, Klamath Falls, Ore. MARKETS and FINANCE Stocks NEW YORK STOCKS By United Press International Allied Chemical 42' j Alum Co Am 53U American Air Linej IS' American Can 45'4 American Molars 20'4 AT&T 119'. American Tobacco 28' Anaconda Copper 44H Armco 42 American Standard 13s 6anU Fe 26 t Bendix Corp Bethlehem Steel 30H Boeing Air 38H i Brunswick 16T Clirysler Corp 87i Cora Cola 91 C.B.S. 51 H Columbia Gas 27V4 Continental Can 43 , : Cjwn Zellerbach 48J4 Onjcible Steel 18?i ; Curtis Wright 21K Dow Chemical 55 Du Pont 236 tiaslman Kodak UZ'k' Firestone 34'. ! Ford 42'A General Electric 73'4 ; General Foods 78' General Motors 60' General Portland Cement 18Vi Georgia Pacific 45 Greyhound W Gulf Oil 40 Homestake 48 Idaho Power 33 ; liB.M. 397V4 ' Johns Manville Kennecott Copper. 70 Lockheed Aircraft KM Martin 2u' Merck BOVi Montana Power 38 Montgomery Ward 33',i ''' Nat'l Biscuit 47 New York Central 16?i Northern Natural Gas 43?s ! ' Northern Pacific 41T4 PEC Gas Elec 32 Penney J.C. V4 Perma Cement H Phillips 47 Proctor Gamble 69 Radio Corporation 60 Richfield Oil 41 , ' Safeway 4BV4 !f'-: : Sears 77 ; sheU Oil 35 ' Socony Mobil Oil 60 i Southern Co. 53 I Southern Pacific 28 ( Sperry Rand 13Vi Standard California 62 Standard Indiana ' 52V4 ! Standard N.J. 59 Stokcly Van Camp 19' ' Sun Mines i ;',? Texas Co. 60 4; Texas Gulf Sulfur ) ; ! Texas Pac Land Trust 20 Thioko! 25'' Trans America 457'i ! Trans World Air 12 ! Tri Continental 42 ! Union Carbit'e 103 ' . Union Pacific 35 United Aircraft 47 i United Air Lines 32 U.S. Plywood 49 U.S. Rubber 43 U.S. Steel 45 West Bank Corp 34 Stocks LOCAL SECURITIES Prices Until Noon Today Bid Asked Bank of America 58 61 Calif Pac Ulil 24 27 Con Freight 13 14 Cyprus Mines 21 23 Equitable S & L 33 33 1st Nat'l Bank 64 67 JanUen 26 28 Morrison Knudsen 28 30 Mult Kennels 4 4 N.W. Nat'l Gas 34 36 Oregon Metallurgical 1 1 PP k L 25 27 PGE 26 27 U.S. Nat'l 75 78 United Utilities 33 38 West Coast Tel 22 23Vi Weyerhaeuser 27 28 Potatoes PORTLAND (UPI) - Potato market; Steady; Ore. Russets U.S. No 2 3.00-3.50; some best 4.00; sized 2 oz spread 4.50-4.75; bakers 3.75 4.2; 6-14 oz 3.60-3.85; bakers U.S. No 2 2.40-2.65 50 lb sks No 2 2.40 2.65. Only one in 20 persons lived in urban places when the first U.S. census was taken in 1T90. DAILY KLAMATH BASIN SHIPMENTS Rati Truck Combined Rail k Track Ttl Oregon 2 17 19 California 13 21 34 F.O.B. GROWER PRICES Klamath Basin Demand fair Market steady 100 lb sacks Russets US No. 1A 2" or 4 oz. mln. few 2.70 S lo 14 or. 3.104.25 some bet! J.!0 Bakers 12 oz. min. 3.25-3.50 Baled 10 lb. sacks mostly (.70 us No. 2 l.wroo Net price to growers at cellar bulk ewt; VS No. 1A few sales 1.7S-2.M I S No. Z .90-1.00 COMBINED RAIL TRUCK UNLOADS Demand slow Market dull Fridsy, March 1, 1963 WALL STREET NEW YORK (UPI) - Stocks leveled out and began to rally today. Apparently a groundswell of good business and economic news over the past few days turned the tide and brought buyers out of hiding after a market correction of 25 points in the past seven sessions. The firet blue chips to develop bis gains on the comeback were Du Pont and Chrysler. Many oth er heavyweights inched forward fractions. Small gums also pre. dominated in the general list. IBM rose more than 2 and Pan- handle, Xerox, U.S. Smelting, Su crest, Hornestaice Mining, and RCA gained around a point or more. Electric Storage Battery, American Distilling, Edison Bros. Stores and Borden were the few issues to show sizable losses. LIVESTOCK PORTLAND (UPI) (USDA) Weekly livestock: Cattle 1550; good-choice steers 1005 lb to 24.60; standard 18.50-21; mostly choice heifers 23.25; mixed good-choice 22.50; standard-good 20-22.50; utility cows 12.50-15.50; canner-cutter 10-14; utility-com mercial bulls 17-20.50. Calves 250; good-choice vealers under 300 lb 28-33; choice feeder steers 28. Hogs 1375; 1 and 2 barrows and gilts late brought 16.25-16.75; small lots 2 and 3 grade 15.50-16.50; 1-3 grade sows 450-550 lb 10.50-11.50. Sheep 975; choice - prime & wooled 90-117 lb lambs 19-19.50; choice-prime shorn lambs with fall shorn pelts 19; cull-good ewes 64.50; choice feeder lambs 15-16.50. Stocks MUTUAL FUNDS Prices until 10 a.m. PST today Bid Asked 7.63 8.25 4.48 4.90 1115 12.19 12.38 13.57 10.38 11.39 9.51 10.39 7.99 8.76 15.53 16.88 13.03 14.09 7.74 8.41 12.07 13.12 5.62 6.11 9.13 10.01 12.36 13.53 6.60 7.24 4.77 4.88 5.33 6.74 7.37 9.69 10.59 I 5.65 6.11 11.00 11.89 17.60 19.03 10.40 11.12 6.29 6.80 25.05 26.14 13.77 14.66 3.96 4.33 13.64 14.91 7.51 8.21 14.22 15.37 3.88 4.24 Xd 7.64 8.35 7.65 8.36 14.37 15.58 8.16 8.87 9.02 9.75 10.59 11.57 7.04 7.67 13.4.1 14.68 17.20 18.70 6.55 7.16 11.68 12.77 6.19 6.77 5.11 5.58 13.98 15.24 13.07 14.13 Affiliated Fund Atomic Fund Blue Ridge Bullock Chemical Fund Comw. Inv. Diver Growth Dreyfus E & H Slock Fidelity Capital Fidelity Trend Founders Fund xd Fundamental Group Sec Com Gr. Sec Avia El Hamilton H.D.A. Hamilton C-7 lncorp lnv. ICA Investor's Group Intercontinental Mutual Stock Selective Variable Keystone 2-1 Keystone S-3 Keystone S-4 M.I.T. M.I.T. Growth xd Nat'l Inv. Nat'l Sec Div. Nat'l Sec Growth Nat'l Sec Stock Putnam Fund Putnam Growth Selected Amer Shareholders TV Fund United Accum United Canada United Continental United Income United Science Value Lines Wellington Whitehall Units Okayed For Airport WASHINGTON - Congressman At Ulman announced today that the Federal Aviation Agency has approved the installation of two new air guidance systems for the Klamath Falls Airport. Ullman said that a video map ping imit and VIIG UHF direc tion finding equipment will be in stalled at an approximate cost of $20,000 and $28,000 respectively. The video mapping equipment will tie Klamath Falls into the Seattle Air Route Traffic Con trol Center in connection with handling high altitude air traffic. Video mapping is the electronic method of showing air wavi structure and other map data for high altitude air traffic control. Not Guilty Plea Taken In Assault Everett Decker, 19, accused with four others of mating a Bcatly man in the .ictim's cabin Jan. 21, entered a nlea of not guilty to assault and battery by means likely to produce great bodily harm early Thursday in Klamath County Circuit Court. Judge David R. Vandenberg set 10 a.m., Tuesday. April 23 as the time for the trial. Decker entered a plea to the charge after Judge Vandenberg overrule a demurrer argued by Ihe defendant's attorney, who charged that Ihe indictment did not specify whether the defend ant struck the complaining wit ness with his fists, feet, or a wea pon. Three others named on the same indictment also filed a de murrer. They were Wilbur Hick- son, 42; Perry Chocktoot, 30, and Mrs. Thelma Huitt. Arguments on that demurrer will be heard by Judge Vandenberg, Friday, March 1. The other parly involved in the lleged assault, Martin Lloyd Strachan, 23, entered a plea of not guilty earlier this month and will stand trial, March 20. The same five persons have also been indicted for the larceny of two saddles and personal prop erty belonging to Louis Hutchin son, also of Bcatly. Mardi Gras Set Friday The Baldy Evans orchestra will be featured at the K i n g s 1 e y Field Mardi Gras, which is to be held from 7 o'clock to midnight tonight in the Kingslcy Field main tcnance hangar. The affair is an activity for the entire family, but1 the base nursery will be open for Ihe smaller lots. In addilion to dancing, there will be booths, a pony ride for the kiddies, hut-dog and cotton can- dy concessions, a helium-balloon sales booth, and a queen con test. A panel of judges will also choose winners in a costume con test. There are 15 categories, and the prizes are identical cakes! baked by service wives. Categories, according do Mrs. Ragnar A. Carlson, chairman, in clude prizes for the most hand some costume for boy and girl and man and woman; most hu morous costume for boy and girl and man and woman; and most unusual costume for boy and girl and man and woman. Three prize categories are to remain a sur prise. Tickets for the Mardi Gras arc on sale nt tho door. Church Slates Music Program CHDLOQUIN The Quotes Quintet from the Bible Standard College of Eugene will present a program of sacred music at 7 p.m., Sunday, March 3, at the Bi ble Standard Church in Chiloquin, according to Rev. James A. Ring- selh, pastor. The ensemble, composed of two women and three men, will perform solo, duct, trio and quar tet vocal selections as well as instrumental numbers. To con. elude the presentation. Rev. W. Rollie Clark of the college staff will deliver a short message. Bible Standard College, found ed in 1925, is the official school for its parent organization on the Pacific Coast and the Midwest states. Training is offered in pas toral ministry, missionary work, sacred music and basic Bible education. Twelve Seek Naturalization Approximately 12 residents of Klamath County will become naturalized United States citizens at a final naturalization hearing before Judge David R. Vanden berg in circuit court, 10 a.m.. Wednesday, March 6. County Clerk Charles DcLap has an nounced. Petitioners applying for their citizenship have been notified to appear at 9 a m. to complete pre liminary matters. Naturalization examiner James R. Smith, Portland Immigration and Naturalijation Service, will be present before and after the court hearing to assist applicants on other citizenship matters. i7 33x1 TJA l t OH. " 3't "Congratulate me! I just Cooperation Shortens Legislative Session SALEM (UPI) -Legislative leaders today predicted at least two weeks will be shaved off the 196.1 session because of coopera. tion between the House and Sen ate on the tax program. House Speaker Clarence Barton, D-Coquille, said he feels "the house is way ahead" this session. He added "the committee work is very good. That's where the work is being done." Senate President Ben Musa said he had revised his estimate of a 150 day session down to 120 days. Barton explained that in 1957 the tax bill did not leave the House until April 29, and did not get final passage until May 16. In 1959 the tax bill left the House Feb. 11, but did not get final passage until the first week in May. Barton predicted that because of the close cooperation between the House and Senate this session on the tax program, the tax bill would not be bottled up in t h e Senate. He lashed out at state agencies which lie termed "lax about getting tlieir bills in." "A lot of them will be left hooting down the rain barrel," he said. "They have two years to pre pare bills. There's no excuse for submitting them at the last minute." 1 Barton cited Die tax commis sion as an example of a coopera- tive agency. All tax commission bills were introduced the fust day of the session. Musa agreed thai work was progressing smoolluy. Musa said that through Thurs Girl Killed In Hit-Run GAZELLE Oregon State Police are aiding California au thorities in a search for the hit-and-run vehicle that killed a lit tie girl Wednesday evening. Police said Shirlene Dale Ham mond, 2, was struck and run over near her home 20 miles south of the Oregon line. The car, described as light colored with a damaged front end was believed headed toward Ore gon. DURING OUR REMODELING SAL! Th noise vou here ot 606 S. 6th is progrtss as v. remodel our facilities to sent you hitter. Come tn and &e the trades Me o giving on new Ramblers such os th Ml iixe agon pictured above. It has full vinl interior, noo lounge seats, overdrive, heoter-det roster, oil filter undercooling, luggoge rack, oirtoom seats, onti-frere ond more. Priced at just 2876 00 ECCLES Motors 606 S. Sixth made my first solo flight!' day afternoon, Senate committees had passed out 116 bills, tabled 18, and there were still 299 Sen- ale and House measures under consideration in Senate commit tees. "The way to judge this legisla ture is not by how many bills it passes, but by the bad bills it does not pass, Musa said. He scored "sharpsnooting cracks by the minority" as "very unfortunate, snide remarks based on misinformation." and said he was very pleased at progress being made. Musa said Saturday sessions of the Senate can be expected this month when bills begin coming out of committees in great num bers. Van Riper Rites Dated Funeral services for Mrs. Ha zel Mae Fitch Van Riper, b8, well-known Klamath Falls ma tron, will be held Saturday March 2, at 2:30 p.m. from O'Hair's Memorial Chapel. Final rites and interment will be in Klamath Memorial Park. Rev. Robert C. Groves of First Pres byterian Church, where she was a member, will preside. Pallbearers will be Lloyd Por ter, Ed Gowen, Everett Metier, Fred Goeller, Harold Rush and . .vcretl T. White. Mrs. Van Riper was the widow of the late Garrett K. Van Riper, one time Klamath County sher iff and affiliate of the First Na tional Bank as assistant cashier for many years. She was found dead at her home Feb. 26 after friends had failed to reach her on the tele phone. Mrs. Van Riper was a native of Klamath County. Friends may contribute to a room in the proposed Intercom munity Hospital, as a memorial to Mrs. Van Riper, or to t h e Shrine Crippled Children s Hoi pilal, Portland. ..... HUoX A LION... . Gerrymander School Plan Given Nod (Continued from Page 1) filed as of 10 a.m. Friday, but the association agreed they would continue to carry out the required steps to put the gerrymander plan before the people for a vote and would attempt to defeat the single county-wide unit if the pe titions are filed. Enabling legislation would be required to implement the gerry mander plan, but a bill has al ready been introduced in the state legislature by Rep. Carrol Howe that would enable the re moval of county unit territory i into a city school district. Under the present law it would be impossible for any part of the county school district to be added to Elementary District 1. If Howe's bill passes, the gerry mander plan will be presented to the people in Klamath County for a vote. In order for the plan to pass there must be majorities in the city school district, the county school district and in the com bined areas in which Die boundary changes are to take place. This would mean that the people in the Stewart - Lenox, Weyerhaeuser area would vote with the people in the south sub urbs as a single area. The plan would also entail a division of assets. The associa tion didn't discuss this in detail Thursday night, but Cliff Robin son, county school superintendent, said now that tlicre has been a meeting of minds on the larger issue it shouldn't be hard to come to an equitable agreement on the assets. Harry Fredricks, chairman, Klamath Falls Citkens Commit tee, said his group could not give whole hearted support to the ger rymander plan, but they wouldn't try to block it. Fredricks said the committee stili favors a metro-county reor ganization plan with equalization. The school boards association failed to come lo an agreement on this plan at their meeting on Feb. 21. Ben Adair, speaking for the Klamath County Citizens Commit tee, said his group definitely fa vored the gerrymander plan, but indicated again that the county residents would vigorously fight a single district plan. City Briefs GLEN B. INMAN, former busi nessman of Klamath Falls now living in Salem, has been report ed in critical condition at Salem Memorial Hospital. Ill since Dec. 15, he has been in the hospital for about two weeks. ill h' "I Ammonium Phosphate Will Do The gf BEST JOB FOR YOU Most crops need both Nitrogen and Phosphor us. Simplol Ammonium Phosphole fertilizer; offer three rolios of these two primory plant foods, chemically combined, for easy occurott application. Uniform pellets that don't breolc down to dust, guoronteed analysis, high water solubility and maximum crop response are advantages of all three Simplot Ammonium Phosphates; 14-20-0, 1 1-48-0 and 16-48-0. See your nearby Simplot dealer for the ent bt suited to your soil end crop. You'll be money oheod at harvest lime. vU FERTL OT FER hi " jff i.L MRS. LUCILLE RUGE Mrs. Ruge Rites Set A resident of Klamath Falls since 1929, Mrs. Lucille Ruge, 82, died Feb. 23 at Hillside Hospital. She was the mother of Max Ruge of 933 Grant Street and had made her home for many years with her son and daughter-in-law. Mrs. Ruge was a native of Monticello, Miss., born May 8, 1879, and with her husband, Ed ward Ruge, came to Klamath Falls from Alabama where they were in business. Mr. Ruge died several years ago. She was one of a family of 22 children. She was the mother of two adopted children in addition to her own son and raised three others now living elsewhere. Several sisters also live in the south and east. She had been a member of the Disabled American Veterans and the Eagles Auxiliary. Funeral services will be held Monday, March 4, at 2 p.m. at O'Hair's Memorial Chapel. Rob ert L. Johns, minister of the First Christian Church, will offici ate. Pallbearers will be Ted Dur- ment, Orland Lynch, Murl Metz, William G. McLean, Omer Pear son and Russell Griffith. Final rites and interment will be in Klamath Memorial Park. Funerals COPEt-AND Funeral services for Clarence C. Cooe- land will be held Saturday. March i, at 10:30 a.m. In the Assembly of God Church. Interment, Eternal Hilts Memo rial Gardens. O'Hair's Memorial Chapel in Charge. VAN RIPER Funeral services for Hazel Mae Van Riper will be held Saturday, March 2. at 2:30 p.m. In O'Hair's Memorial Chapel. Interment Klamath Memorial Park. Obituaries RUGE Lucille V. Ruge died Feb. 28. Survived by son. Max Ruge. of Klamath Falls. Funeral services will be held Monday, March 4, at 2 p.m. in O Hair's Me morial Chapel. Interment Klamath Me morial Park. WNYBACK'Si Her birthday? Take Fresh Flowers. She'll odore them, and you! Stop at Nyback's Flower Fair. 3614 So. 6th. FLOWER FAIRS ' iV fNr J 1 ft- " . V . ' ! j Moderate Income Tax Seen By Legislators SALEM (UPI) A moderate income tax route will be taken this year as the way out of Ore gon's immediate tax troubles, 14 members of the house and senate tax committees indicated Thurs day night. In an informal' expression o f opinion, most nt the nine representatives and 5 senators said they are not in the mood for anything drastic. Nine of the 14 rejected a sales tax. They indicated a broader 1 n- come tax base may well be ac companied by a cigarette tax, a speedup in payment of withhold ing taxes, a tax on property sales, modified capital gains pro visions, and perhas one or two smaller revenue raising items. The joint meeting, with only two senators absent, was held for the two committees to get together on tax policy as tliey try to raise some $29-4!) million to finance a $385-405 million general fund budg et for 1965. The final figure de pends on the legislature's success in budget-cutting. AM the tax revenue bills are in the house committee. Not all of the members gave their views on various income House Fire Burns Father Duffy Adams, 24, of Dorris is in critical condition in Klamath Valley Hospital following a fire Thursday night, Feb. 28, in the family's trailer home. He is an employe of the United California Bank of Dorris. According to reports, burns ex tend over much of his body. Full details of the fire which broke out from an undetermined ource after the family retired are lacking due to condition of Adams, who apparently discov. ered the fire. Mrs. Adams has been unable to explain what hap pened. The couple has two young chil dren, a daughter, Traci, 3 years old, and a son, Doug, 1. Ap parently Mrs. Adams took the son from the burning trailer and her husband, the daughter. Unoffi cial reports say he believed the boy to still have been inside and returned to get him. He then walked barefoot for help. He is the son of Mr. and Mrs. Eddie Adams of Tulelake. The Indonesian archipelago is pockmarked by 400 volcanos. uH CfTTTTTiiTrTTTTi taxes. But most of those who did Indicated the final product will broaden the tax base to pick up new taxpayers, and perhaps ad. just rates, but without far-reaching changes in the present per. sonal income tax laus. They indicated the compromise will contain features of the mod erate Musa plan and the gover nor's more radical net receipts plan. The committee m e m b e r , prodded by Sen. Waller Pearson', D-Portland, dwelt at length on the property tax burden in Ore gon. Pearson, one of two sales tax champions present from the sen ate side, said it was time for Ore gon to turn to a third tax base, the sales tax, to relieve local property taxpayers without over burdening income taxpayers. Nearly all the members agreed the property tax load is Oregon's major tax challenge. But they dis agreed violently on what to do about it. "I am not sure we should settle this this session," said Senate Tax Chairman Boyd Overhulse, D . Madras. He said it was not the legislature's job t o "lead t h a people like Moses." "What efforts we have made along this line have failed miser ably," he said. He said he favored approaching the current problem from the point of view of a com promise between the Musa plan and the net receipts plan: Proposals for self-employed per sons to pay estimated taxes, and for higher beer and wine taxes drew mixed reactions. There was some opposition to taxing do mestic insurance firms or utility trailers. The State Tax Commission gave its estimates of the amounts of new revenue each plan would raise for the biennium, in millions of dollars: Net receipts income tax, 31. Musa income tax, 13. Mosser income tax, 40. Cigarette tax, 18. Sales tax with food, 152. Sales tax without food, 128. Monthly withholding (one shot. 7.5. Self-employed (one shot), 5. Modified capital gains, 2. Beer-wine, 3. Domestic insurance, 1.8. Property transfers, 0.9. Utility trailers, 0.5. OPEN TILL 10:00 P.M. 7 Doyt a Week 1. W. KERN'S Norge Laundry & Cleaners U So flth TU 4-4 10? eeeB(aaa..' m j V Oot. Week Ago I 6rgon-37 TU1 All Other States - 373
