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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (March 6, 1963)
PAGE 4-:A Wednesday. March 6, 13 HERALD AND NEWS, Klamath Falls, Ore. MARKETS and FINANCE Stocks By I'nlled Press International Allied Ovemical 1' Alum Co Am M American Air Lines IH'i American Can 4fr'i .jnerican Motors 21 'i AT&T 120' i American Tobacco 23' Anaconda Copper -t'l3. Armco 52'n American Standard 13ai, Santa Fe 26'. Sendix Corp M' Bethlehem Steel 30'i Boeing Air 33'i Brunswick 17 Caterpillar Corp 351 Chrysler Corp KPt f ?c Cola 92 Columbia Gas " " 2'rt Continental Can 44 Crtjun Zol!crr-..h 48l Crucible Steel ln'' Curtis Wright 21'i Bow Chemical 57! Vu Pont 2!!l Eastman Kodak II33 Firestone 3!) Ford M'-i ieneral Klectnc General Foods Vfl'i General Motors 11 General Portland Cement IS Georgia Pacilic 44 Greyhound 3fi Gutt Oil 40. HnmesUke 50 Idaho Power 33', IBM. 4W. lnt:raper 27,. Joilhs ManviUe 44', Keflnccott Copper 30' W'kheed Aircralt SO1. Martin 2l)', Merck 81 Montana Power 3fl'. Montgomery Ward 33 Nafl Biscuit 47 New York Central 1714 Northern Natural Gas 411 Northern Pacilic 43'i Pac Gas Klec .12' i Penney J. C. 4SU Penn IUt 16U Phillips 48 Fitoctor Gamble 71 ' lijdio Corporation filn Rtnlificl d Oil 41'. Sideway 47U Scars 78'i Shell Oil .Wi Socnny Mobil Oil fil'ii Southern Co. 5.1 Southern Pacilic l!l' Sparry Rand Standard California 02Tii Standard Indiana 53's Standard N. .1. fiO'-i Stokely Van Camp 20',, I Sun Mines 9' Ttpas Co. Ill 'a Tmas Gulf Sulfur 14'ti Texas Pac Land Trust 20, Tlfiokol 2.TO Trains America 45 'j Twins World Air I2U Tw; Continental 4.1', 4 Union Carbide KM Union Pacific l.d United Aircraft 4(i:,4 United Air Lilies 32M U.S. Plywood 5n'4 U.S. Rubber 434 LIVESTOCK PORTLAND 'L'l'H - lUSIM Livestock: t attle 150: gTioa cnoire Meers 23.25-24.85: few low good m) , 22.50; cutter-low utility cows 12.50 14.25: utility bulls 1730 lb IS. Calves 25; good 100 335 lb slaughter offerings 30. Hogs 150; one lot mixed 1 and 2 barrows and gilts IB. 50; good choice 105-127 lb feeder pigs 14. Sheep 75: deck choice slaughter lambs with 3 pelt at 18.25. WALL STREET NEW YORK lUPII - Slocks cased today. Electronics were the hardest hit with Collins Radio, Zenith, and IBM down large fractions to a K)int. IJu Pont dropped almut a point in a weak chemical section and Lukens did the same in a somewhat lower steel group. Aulos were narrowly mixed. Illinois Power shed more than a point in the utilities and Sears Roebuck lost roughly 1 in the stores. Hospital Fund Drive To Kick Off March 13 KLAMATH FALLS LIVESTOCK AUCTION MARKET March 3, 198.1 Receipts: Cattle & Calves 307. Calves 50. Hogs 2; Sheep 13. Last week: Cattle & Calves 203 Calves 80; Hogs 38; Sheep 17. Compared last Tuesday, slaugh ter cows .50 1.00 higher: demand for stock cows strong; other catllc classes steady. Slaughter Catllc: Steers: Good: 180-1200 lbs., 22.20-23.20; Standard- Good Holstcins, 20.10-22.30 11150- 1425 lbs.). Heifers: Standard, 1020-10-13 lbs., 18.20-18.40. Cows: Sid., 18.30-10.00; Utilily- Cmcl., 15.20-17.50; Cutters, 13.10- 3.30. Bulls: Utility & Cmcl., 18.25- 19.00. Stockcrs & Feeders: Steers: Good. 803-813 lbs., 24.00-24.60. Heif ers: Medium-Good, 520-5M) IDS., ingles. 20.35-22.25. Steer Calves: Good. 315-430 lbs., 28.75-28.80. Heifer Calves: Good 382-429 lbs., 24.00-24.75. Cows: Medium-Good, 190; cows with calves, 225-229 per heal; good bred heifers, 210 per head; mcd.- iood bred cows, 150-185 per head. Common bred cows. 130 per head. Baby Calves: Beef 41; Holstcins, 28-31; others 11-20 per head. Hogs: U.S. 1 & 2 Barrows & Gilts, 202 lbs., 15.50. Sheep: Ewes with lambs, 17.00 per head. Ray O. Petersen, county cxlcn slon agent. The overall kic koff for the Pres byterian Intercommunity Hospital hind raising campaign has been set for Wednesday, March 13 Sponsors, vlunieers, and mcm liers of the Women's Crusade are being invited to the kiekolf dinner to be held at fi 30 p m. at the Wincma Motor Hotel. A. M. Collier, chairman of the Citizen's Committee of S)onsors, and James F. Slilwell, cam paign general chairman, urge all toluntccrs in the campaign and all sKinsors to attend. The latest information about the new hos- pilal building plans, hospital site and the campaign organization will ho nrr.spp''-tf inr-clioc Tiic lirst I'epOi i ,77 , Justus's oi' the campaign will be made to sponsors and volunteers. George Callison, executive sec retary of the Klamath Countv Chamber of Commerce, will act as master of ceremonies. A pro gram is being planned which wi clearly present the importance of i new voluntary non-profit hospital lo (he Klamath Basin. Collier and Stilwcll pointed out that reservations for the dinner ire requested and suggested that everyone return their reservation lo campaign headquarters no lat er than March 11. Commenting on the progress of the campaign lo dale, Stilwell said. "We continue lo be amazed at the enthusiasm and interest that is being expressed by every one in the Klamath Basin. Now our big task is to convert this en thusiasm and interest into pledges and contributions so that we c an raise our minimum goal of $725,- 000 and build a new hospital that is so critically needed to serve the people of the Klamath Basin. Our results lo dale are most en couraging. However, $725.01X1 is n lot of money and each family in 1 1 io Klamath Basin must now give thoughtful consideration lo their share in the new hospital." Collier pointed out that more than two hundred and fifty of the leading citizens in the Klam ath Basin had endorsed the new hospital and the campaign as memliers of the Citizens Com miltee of Sponsors. "People Irom all areas of our intercom munity life have recognized the critical need for a new hospital and endorsed our efforts to raise the necessary funds. Many others have already given generously and set the pace for the community to follow. On Wednesday, March 13. we kick off tlie campaign. I hope the sponsors and the cam paign volunteers w ill take this op portunity to show the rest of Ore- l that the Klamath Basin is once again on the move," Collier lid. The dinner will be a no-host af fair. Tickets are priced at $2.50. Hoservations ,T-n requested by March 11. LOCAL SECURITIES Prices Until Noon Today I ' Rlil Asked Bink of America 58 fifl'i C4hf Tac lA.i! 25 27U C'cjri Freight 13 14 Cyprus Mines 21 '4 22-1! Fjliitablc S & L 3.1 35' 4 Jsi'Nal'l Bank 4'i B7a4 .bintzen 28 28 Morrison Knudscn 28:, 381 Mull Kennels 4'i 4n4 N.W. Nal'l Gas 34. 3li Oregon Metallurgical l'i ln P P i L 23'. 27'a PG1C 2I1'4 2IW, U.S. Nal'l 75'4 7!l United Utilities 3SM 38 "4 West Coast Tel 2P 23'. Weyerhaeuser 27' 28:l4 Stocks MUTUAL FUNDS Grains CHICAGO (UPli-Giaiii range: High Low Close Wheat Mnr May Jul Sop Dee Oats .lid Sep Deo Rve Jul Sp Dec 2.08'. 2.07i 2 07'-. 2 084 1.90'. 190'. 192'. 1.91. 198'4 l.93 .74 .70', .88. .87'. .70 1.32', 1.32 1.28 1.28 1.211 .73' i .70'. .88 .87-1. .Kl-'l 131 1.30' j I 27 1.27 2 07'.-2 08 2.0frV. 1.90-4 l.lll'i 1.9.V4 Xti- .70' 4-'. .68-88'. .87". .W'4 -0 4 1.31'. 1.30', I 27 I 27 1.23'i I 31 Price until 10 a.m. I'ST today Hid Asked Affiliated Fund 7.85 8 28 Atomic Fund 4.49 4.90 Blue Ridge 11.20 12.24 Bullock 12.44 13.83 Chemical Fund suhj. 10.41 11.3.! Comw. Inv. 9.54 10 43 Diver Growth f 7.98 8.73 Dreyfus 15.80 18.98 E 4 H Slock 13 07 14.13 Fidelity Capilal 7.82 8.55 Fidelity Trend 12.13 13.18 Fin Inv Fund 4.05 4 43 Founders Fund 5.85 6.11 Fundamental 9 12 9.99 Group Sec Com 12.13 13.03 Gr. Sec Avitt Kl 8.60 7.24 Hamilton H.D.A. 4.79 Hamlllon C-7 4 89 ' 5.35 Incorp luv. 6.73 7.38 1CA 9.52 10.40 Investor's Group Intercontinental 5 00 6 12 Mutual 10.98 1187 Slock 17.51 18.113 Selective 10 28 lino Variable 624 6 71 Keystone B-l 25.08 28.18 Keystone S-3 13 43 14.68 Keystono S-4 3.97 4 114 MIT. 13.73 14.99 M I T. Growlh 7.51 8 21 Nafl Inv. 14 26 15 42 Nal'l Sec Div. 3 89 4 25 Nat l Sec Growlh 7.86 II 37 Nal'l Sec Slock 7.87 8 38 Putnam und 14 35 15 60 I'ulnam Growth 8 16 8 86 Selected Amer Shareholders 10.84 II Kl TV Fund 7 06 7 79 United Accum 13 48 14 73 United Canada 17 40 18 91 United Continental 6.59 7 20 United Income II 72 12.81 United Science 6 19 6.73 Wellington 13 W 15.15 Whitehall 13 11 14 17 M J: DAILY KLAMATH BASIN SHIPMENTS ' Rail Truck Combined Rail It Track Til Oregon 10 16 J6 California S 13 18 F.O.H. t GROWER PRICES Klamath IUm Demand lair Market for I S No. 2 strady olhrri lalrlv stradv 100 lb sarki Russell IS No. IA 2" or 4 ot. min. few !.75.;.M to 14 oi.-3.20-3.S0 mostly round 3.23 Bakers 12 oz. min. 3.23.3.50 Baled 10 Hi. Hacks 2.BO-2.70 nm.lly 1.70 I S No. 2 1.90-2.00 Net prire to Kroner, at cellar bulk cut: I S No. 1A 1.75-2.00 t'SNo. 2 .95-1.00 : : : combined rao, i truck unloads Ore Jon 22 Total All Other Slides ImX ! One Werk Ago Oregon 41 Total All Other Stales 3 Soviets Said Fooling U.S. MIAMI (UPIi A Cuban ref ugee said Tuesday he believes the Russian.; are trying to fool the United Slates by removing their troops from Cuba in daytime and bringing them back under cover of darkness. The man. Jose A. rarina. was one of 98 new exiles from Cuba who arrived here Tuesday aboard a Rod Cross chartered plane. Asked if he had seen Soviet troops leaving Cuba, Farina indi- lied he had. but said he be lieved "they're just Inking them out in the daytime from Havana and bringing Ihem back at night at the other end of the island." Most of the exiles lold subslan- liallv the same story of mount ing deprivation and hardships in Cuba except for Dr. Julian r Baldor. who said "things ate not verv bad in ( una. 'There are no food sborlages. and rvc never seen anyootiy Hun gry, despite rationing," said Bal dor, an employe of Ihc Cuban Donarlmcnt of Health. What he said not only clitlered from what the other exiles aboard Tuesday's eighth refugee flight Irom Havana said, hul also from the reports of hundreds ol other Cubans who have como here by plane and hoal. Antonio Inlanle. 49. ol the town of Victoria de las Tunas in Orien te Province, told Hie most typical story Tuesday. Barton Fires Verbal Salvo At Hatfield SALEM (UPIi House Speaker Clarence Barton fired another ex plosive verbal salvo at Gov. Mark Hatfield today. He denied Demo crats were "soft on defense" and contributing lo a "soft America" as Hatfield charged. Hatfield Tuesday told the Metro politan Republican Women's Club that the Democratic majority in Ihc legislature "must bear all the failures" of this session of the legislature, and again hit back at Civil Defense cutbacks. When asked to comment on Ihc latest Hatfield statement, Barton snapped, "I'm prompted lo ask the governor if he rested on the seventh day, He talks like God Almighty." "He can jockey with the budget and play all kinds of hocus-pocus, but Ibis state still has a system of checks and balances." Barton voiced strong suprt for the Ways and Means Commit tee and said, "I'll put Ihem up against the Department of Fi nance any time. They've got a bunch of college professors that never met a pay roll in their lives." Barton termed senators and rep resentatives on the Ways and Means Committee "dedicated peo ple." The governor has the right to speak mil," Barton said. "We have an adversary system. "I gave up long ago accepting as gospel the views of the De partment of Finance. They're nice Icllows with no business experience." He denied that Ways and Means was partisan, and said Hep. Staf ford Hansell, Sen. Walter Lelh and Sen. L. W. Newbry, all He publicans, were just as critical of Civil Defense as were Rep. Beu hill Hand, Rep. Ross Morgan and Sen. Alfred Cornell, Democrats, "The people should understand that thinking Republicans are also critical of the administration Barton said. He also suggested the staff of legislative Fiscal Oflicer Kenneth Bragg should be enlarged to aid in making more critical analysis of agency budgets. ml 1 r 1 I : ;l 1 nwm mmmmmm i - - Instruction Costs Up County School Budget SCOUT CONFERENCE Five Senior Girl Scoufs from The Juniper Council have been selected to attend the All-State Senior Conference in Eugene. Packed and ready fo go io the three-day invitational meet, March 8-10, are from left, Rosemary Johnck, Paula Felix, Cherice Smith, and Janell Beebee. Mrs. Glenn Johnck, in car, will accompany the girls and serve as adviser. The other deleqate, Susan Billings of Bend, is absent from the picture. Potatoes PORTLAND I UPD folate mill kel : Steady; Ore. Russets U.S. No 2 :i.OO-3 50; some best 4. IX); sued IM spread 4 50 - 4 75, lew low ns 4 00; bakers 3.75-4.25; 8-14 oi 3 60- 3 85; bakers U.S. No 2 2.75-3.00 50 lb sks No 2 2.40-2.65. Kennedy Hopeful Tax Cut Bill Wall Pass Congress Tka main inmo in the orouosed ' 52,987.421 county school budget in the area- of instruction. the Herald and News learned laic Tuesday. Th KnlL- of Lhe $91,138 hike in instructional costs over last year's figures is for the raise in teacher salaries plus tlie normal teacher salary increments. The total net operating expen diture increase in the budget however, is only SM.337 since the costs in several areas dropped for this fiscal year. ToLal cauital outlaw for in stance, at $70,141 is down S38 480. Transportation costs, at $1:h.mj arc down about s5.0lT and mainle- , -r ,!, l.wf ( !(!. in tins' year s ouaiioMs down inuie than $18,000. Tho ni-ooosed S200.000 annual se rial invv for hinh school DUI'lXlseS will undoubtedly be used toward construction of a new county hinh vehiinl if the lew is okaved by the voters. Specific plans re garding a high scliool were noi available. Desnile the forecast that tlie tax levy (or the operating budget w ill decrease, the total levy for county residents will probably remain the same as hist year since a 4.5 mill increase 'bases on present valuation 1 is expected for building purposes. The estimated receipts in the school district is expected lo offset this levy. Expiration in June of the $190. COO serial levy assessed against the elementary tax base will re lieve the suburban residents of about three mills. WASHINGTON (UPD - Presi dent Kennedy said today he be lieves Congress will pass a tax reduction bill including "important elements" of the revenue-raising reforms contained in his original proposal. The chief executive told his tel evised news conference that his final position on whether to ac cept a tax cut bill without re forms would have to depend on what Congress finally docs with his requests. But he insisted that "the best program is the one we sent up which provides for $13.5 billion in lax reductions and $.125 billion revenue in tax reforms." "My judgement is that Uiey (Congress 1 will enact a tax re duction bill which will include im- iwrlant elements of the reforms we sent up." Kennedy said. The President made a statement in response to a question as to whether he would accept a $13.5 billion tax cut bill without any reforms in it. He was asked whether Ibis was Funerals HAHN r-untrAl frvlci lor Donjilcl lf!llr HAhn will be held Irom the Chapel ol WArtl'l KlAmalh Funeral Home Thurxdny, March 7. el 10 a.m. A special Mais 01 the AnneK will be held from Sacred Heart Cathollf Church Friday, March d, at n a.m. In memory ol Donald lor spiritual wellarf 01 family. Oregon Pushed For Clympics SALEM (UPU-Gnv. Mark Hal- field was in New York today on an unscheduled trip understood to be in connection with Portland's bid for the 1988 Olympic Games. His office advised only that "the governor is in New York working tin economic development and is scheduled to return to 'he slate tonight." It was learned reliably, how ever, that Hatlicld was accompa nied on his flight to the East last night by Glenn Jackson. Oregon financier and a leader in the cam paign for the Olympics. It also was learned the two had an appointment with Gen. Douglas MacArthur and planned to ask him to make Portland's pitch for the Games before the United States Olympic Committee in New York March 18-19. a fair assumption in view of the fact that he told an American Bankers Association symposium last week that the most imiwrtant malter was to gel an effective tax cut this year and he would do whatever was necessary to achieve it. Defends Entire Program Kennedy replied that his com bination of tax cuts and reforms was the best, fairest, most re- ponsible and most equitable for- Mrs. Greene Dies Mar. 6 Mrs. Martin I Annie' Greene, 8, died early Wednesday morn ing. March 6, in Hillside Hospital following a few days illness. Funeral services for her hus band, Martin T. Greene, were held at 10 a.m. today from St. Pius X Church .Mr. Greene died March 2 following a heart attack at his home. Mrs. Greene came to Klamath County 45 years ago and had lived in the Henley District since that time. She was a native of County Cavan, Ireland, born in 1883. Survivors include two sons, Mar tin J. (Teddy) Greene. Thomas F. Green, both of this citv and a sister. Mrs. Margaret Nolan, of Kenfield, Calif. Arrangements will he an nounced by Ward's Klamath Fu neral Home. Two Fire Calls The Suburban Fire Department responded to two calls Tuesday afternoon, including a grass fire in a vacant lot on the corner of Madison Street and Alva Avenue 3:42 p.m., and a flooded oil stove in the home of Waller Mays, 21185 Wiard Street, 4:27 p.m. There was no damage in cither of the incidents, firemen said. mula for pumping new vitality into the economy. The President also: Said lhe four Americans killed at the Bay of Pigs invasion in 1961 were on a voluntary mission. He declined to say whether they were working for the super secret Central Intelligence Agency, but he did say they were "serving their country." Reiterated that the United States would not accept any nu clear test ban treaty which did not provide for on-site inspec tions. He said the administration would not submit any such treaty lo the Senate and that the Senate would not approve it if it did. Said in reply lo a query that Cuba "continues to be a prob lem." But he said he felt the ad ministration was proceeding on the correct path and "We have made it clear that we will not permit Cuba to become an offensive threat." Said he had no additional in formation on the rate at which Russian troops were being re moved from Cuba. He said he was not satisfied that they were being taken out fast enough. Asks for Details Said in reply lo questions about Republican statements that his budget could be cut from $5 billion to $15 billion that it was up to Congress to make a judg ment on the question. But he said he would want to see in greater detail what areas Republicans would make the cuts. Denied criticism by New York Gov. Nelson A. Rockefeller that he has appointed "segregationist" federal judges in tlie South. The President said he thought the ac tions of the federal judiciary in the last 10 or more years have Ix'cn "on tlie whole" outstanding. G. King Dies At Lakeview LAKEVIEW The death of George Leonard King, 86, oc curred at tlie Lakeview Hospital on Sunday. March 3. following a long illness. He had worked on anches in the Lakeview area for: the past 15 years, having come here from Vale. Surviving are a brother, Ben V. King of Vale; five sisters, Maude Brown of Camas Valley, Josephine Smith of Athena. Va leria Moore of Roseburg. Kay Scott of Ontario, and Lois Tliore of Yuba City, Calif. Graveside services are sched uled at 10 a.m. Thursday, March 7, at Valley View Cemetery in Vale, under direction of High's Funeral Chapel. Obituaries MENDENHALL Anna Vera Meitdenhall, 41, died In Chllo quin March S. 1943. Survivors! husband. Orvllle A , Chlloquln; son, Donald Lino. Klamath Falls; daudniers. Bdith Lans down. Silver Lake, Joan Miller, Klamath Falls. Menua Ortis. Sprinqliela. and Linda Budd. Fennimore. Wis ; brothers. Charles A Rlslev. Eugene, and Marion G . U S Army; sister. Helen Miller, city! also II Grandchildren. Funeral services will he announced by Ward's Klamath Funeral Home. MAUPIN Dorothy G. Maupin. A?, Merrill, died March 4 She Is survived by live sons. Manuel (Rudl. Merrill, Louis. Reynolds Creek. Idaho. Ted. Klamath Falls. Sam. King Hilt. Idaho. Phil, Homedale. Idaho; live daughters. Grace Penmgton. Wiesei. Idaho, Lois Klnqslord. Adln. Calif . Pearl Maupin. Ann Johnson, Violet Mlllelt. all oi Merrill Funeral services will be an nounced by O'Halr's Memorial Chaoel FOWLER I QUICK RECOVERY WATER HEATERS 74" Special Purt-haia Prict Lot Col-Ore Bonus $1 C00 Allosvanc You Po Only Vcrn Owens' IV PURE WATER i - i j Cascade Home Furnishings One of ouy executive friends insists that his Society Brand suits should be a legitimate income'tax deduction. Says they're a business necessity pure and simple. Commissioner, are you listening! Fine Brands Plus Green Stamps 3 Men's & Boys' Wear . 6th & Main Man Injured to-Xollisfen- Otho Taylor. 41, 4823 Collage Avenue, was in the Klamath Val ley Hospital with injuries of an undetermined nature Wednesday morning as the result of a two-car collision in which he was involved on the Alameda Bypass near Shasta Way, 7 o'clock Tuesday night, state police have reported. The accident occurred as Otho, northbound on Alameda Avenue, drove his pickup truck into the path of an automobile, operated by Leroy Sanford. 24, file. 1, Box 334, Albany, which had been castbound on Shasta Way, ac cording to police records. Sanford and his passenger, Caro line Sergeant, 18, were taken to the Klamath Valley Hospital ty Peace Ambulance and were re leased soon alter. Both vehicles were removed from the scene by local towing companies. The vehicle driven by Sanford was registered to George Wheel er, 7735 Hilyard Avenue. Giving a thowerf Go to Ny back's for o novel center piece to please the "bride to be" . . . the "mother to he." 3614 So. 6th. SDK II HAVE HAD YOUR GAR INSPECTED? ,: -v --" . V",A'(- 7 ;C';:V'-' Free Inspection Clinic AT THOMAS DODGE WED. - THURS. - FRI. 6:00 to 9:00 ONLY Bring the car... and family... FREE Coffee, Donuts, Hot Dogs, Soft Drinks! A top-notch team of DODGE FACTORY SERVICE EN GINEERS will give every car in our shop a complete roof-to-road check. Every make! Every model! Any year! Be lure your car is among them. Then you con drive with greater confidence and enjoy greater motor ing plcosurc. It's absolutely free. There's no obliga tion. Moke plans now so you won't miss out! "Where Service Still Counts" Thomas Dodge 424 So. 6th 412 Main Ph. 4 8365 TU 4-7716
