PAGE 4
HERALD AND NEWS,
TrUUy, Marrb 29, 1963
Kuunatk Falli, Orrf M
MARKETS and FINANCE
Stocks
- NEW YORK STOCKS
r By l ulled Pre&s International
Allied Chemical
Alum Co Am
" American Air Lines
American Can
American Motors
AT&T
' American Tobacco
Anaconda Copper
Armco
American Standard
, Bendix Corp
Bethlehem Steel
; Boeing Air
' Brunswick
j 'Caterpillar Corp
j ; Chrysler Corp
''-"Coca Cola
j;fc B.S.
-;tolumbia Gas
, Continental Can
'Crown Zcllorbach
' Crucible Steel
' Curtis Wright
Dow Chemical
l)u Pont
Eastman Kodak
Firestone
Ford
General Electric
: General Foods
general Motors
.'General Portland Cement
; -Georgia Pacific
loreyhnund
iiulf Oil
3lomestake
ndaho Power
'".I.B.M.
" Int Paper
Johns Manville
Kennecott Copper
Lockheed Aircraft
Martin
Merck
Montana Power
Montgomery Ward
. Nat'l Biscuit
; New York Central
X-Northern Natural Gas
r-J'orthcrn Pacific
.-J'ac Gas Elec
J .Penney J.' C.
;vjPcnn RR
;':Perma Cament
;Phillips
Proctor Gamble
'. Radio Corporation
Richfield Oil
Safeway
Sears
Shell Oil
Socony Mobil Oil
Southern Co.
Southern Pacific
; Sperry Rand
' 'Standard California
; 'Standard Indiana
'.Standard N.J.
rjjStokeley Van Camp
:j-Sun Mines
;-Mcxas Co.
;-rrexas Gulf Sulfur
:Toxas Pacific Land Trust
fThiokol
Trans America
;'::Trans World Air
Tri-Continenlal
Union Carbide
Union Pacific
United Aircraft
United Air Lines
U.S. Plywood
U.S. Rubber
; : U.S. Steel
WeslBank Corp
:Vestinghouse
52'i
19.
19H
121'.
30'i
50'
3m
W.'i
16H
92'.i
424
50'.
19
21
50.
24 Hi
114V.
33'i
46
74
80
49
36
41
49',4
33"i
421
30ii
46V.
72 Vi
51
83
33'i
35 '.j
49 'i
mi
43VI
33
46
15
14
48
74
59
43
48
77
38
65
54
29
13
66
56
63V,
19
9
66
13
21
24
48
14
48
106
35
47
35
52
44
46
35
33
WALL STREET
CHATTER
NEW YORK (UPIt - Thomson
& McKinnon reports a general
feeling that stock yields and price
earnings ratios spell out no great
bargain at present, despite the
fact that dividends and profits and
capital spending projections arc
w a readily discernible uptrend
In any case, the house con
cludes, investment buying is still
sporadic and highly selective.
Walter K. Gulman of Stearns &
Co. notes that the market is in
position to make an attack on the
1963 high-point reached Feb. 15.
In his opinion, for the attack to
be a success, the market mu.sl
broaden out "in other words, in
dustries such as steel and rubber
which are strongly attached to the
booming auto industry should be
gin to attract strong speculative
attention."
Analyst L. 0. Hooper of W. E.
Mutton & Co. says it is interest
ing to note that although the mar
ket is now trading higher than at
any time in five weeks "this is
not anything even resembling an
enthusiastic market."
WALL STREET
NEW YORK (UPI) - Stocks
were extremely narrow and quiet
today.
Not a single blue chip moved
more than -i point and moves of
point or more in the genera!
list numbered less than a dozen
Autos were steady, steels a tri
fle easier, chemicals mixed and
the international oils trendless.
Metals and stores were barely
changed as were rails and utilities.
Sugar stocks were easier led by
South Puerto Rico Sugar which
broke around 1 on a fresh de
cline in sugar futures in the com
modity trade.
Barber Oil, Consolidated Elec
tronics and Seaboard Airline Rail
road fell around 1 apiece while
similar gains went to Wcsco Fi
nancial and American Agricultur
al Chemical.
, LOCAL SECURITIES
::Prires until 11:30 a.m. P8T today
: Bid Asked
:;'Bank of America 60 63
r'Cal Pac Uttl 26 28
: Con Freight 13 14
Cyprus Mines 21 23
Equitable S 4 L 35 37
1st Nat'l Bank 25 27
Morrison Knutsen 30 32
Mult Kennels 4 4
N.W. Natural Gas 34 36
. Oregon Metallurgical 1 1
: PGE 27 29
-PP&L 26 28
:':U.S. Nat'l Bank 72 77
fvUnited Util 36 38
West Coast Tel 22 24
Weyerhaeuser 30 32
Grains
CHICAGO lUPD-Guin range:
High Low Clo.se
Wheat
208 2.;7 2 07-
Mav
Jul
. Sep
Outs
May
Jul
: s.-p
; Dec
'' Hve
' May
:-: Jal
: sop
:' : ivc
1.90
1 92
.70
.70
.70
.72
1 29
129
1.30
1 30
1.89'i
1.96
.69
.69
.69
.72
127
1.27
1.27
1 29
1.90.
1.96-
.70
.69.
.69
.72
1 27.
1 27
1.28
1 29
Potatoes
PORTLAND (UPI) - Potato!
market:
Steady: Ore Russets U.S. No 2
3.00-3.25; some best 3.60; sized 2
oz spread 4.50 4.75. few low as
4.00; bakers 3.50-4.10; 6-14 oz 3.6
3.85; bakers U.S. No 2 2.75-2.85
50 lb sks No 2 2.50-2.65.
Ex-Officer
Denounces
Radar Trap
SALEM VPV - Radar was
praised by many witnesses as an
indispensihle aid to halt fast driv
ers and denounced by a former
state policeman as a "speed
trap Thursday.
The House Highway Committee
hoard the conflicting views in a
hearing on a bill that would out
law use of radar evidence for
conviction of traffic violators.
The former state policeman is
Rep. Philip D. Lang, D-Portland
who also is chief sponsor of the
bill. In terming radar a speed
trap he said he was not con
vinced its use would further the
cause of traffic safety.
But Lang appeared alone in his
view.
Backward Step
Warne Nunn, legislative assist
ant to the governor, said aban
doning radar would be a back
ward step that would deprive en-
forcement agencies of "one of
their most modern and efficient
tools."
Holly V. Holcomb, deputy su
perintendent of state police, said
it was safer Jo use radar than
to have police cars chase speed
ing vehicles to clock them with
speedometer reading.
"I'd rather see you outlaw
speedometer clocking than ra
dar," he said.
The state has 12 radar sclS.
They are used mostly for "se
lective enforcement, in areas
where special problems develop.
Lt. James C. Darby said it was
possible for motorists to build
"jamming" devices, and to install
equipment in their cars which
would indicate a radar device was
in the area.
The committee took no action
on the bill.
Other Highlights
Judges The Senate Judiciary
Committee approved a bill to
create a 20th judicial district of
Washington County, with two cir
cuit judges, leaving the rest of
the 19lh district wilh two judges
instead pf three.
Labor The House Labor
Committee voted to introduce a
bill to have employes, as well as
employers, contribute to the un
employment compensation fund.
It would be accompanied by an
increase in benefits.
Education The House Educa
tion Committee killed a bill to
move higher education headquar
ters to Salem.
Stocks
MUTUAL FUNDS
Prices until 10 a.m. PST today
Bid Asked
Affiliated Fund
Atomic Fund
Blue Ridge
Bullock .
Chemical Fund '
Comw. Inv.
Diver Growth
Dreyfus
E & H Stock
Fidelity Capital
Fidelity Trend
Fin Inv Fund
Founders Fund
Fundamental
Group Sec Com
Gr Sec Avia El
Hamilton H.D.A.
Hamilton C-7
Incorp Inv.
ICA
Investor's Group
Intcrcontuiental
Mutual
Slock
Selective
Keystone B-l
Keystone S-3
Keystone St
MIT.
M.I.T. Growth
Nat'l Inv.
Nat'l Sec Div
Nat'l Sec Growth
Nat'l Sec Stock
Putnam Fund
Putnam Grow Ih
Selected Amer
IV Fund
United Arcum
United Canada
L'niled Continental
United Income
United Science
Value Lines
Wellington
While-hall
7.80
4.58
11.33
12.82
10.60
9.65
8.21
16.13
13.35
807
12.63
4.15
5.83
8.39
12.77
9.5
4.90
5.02
6.90
5.77
11.18
18.02
1033
25.11
13.93
4.05
14.14
7.79
14.63
395
783
786
14.60
8.39
9 26
7.17
13 84
1768
6.72
1191
630
5 18
14 18
1.1 1R
8.44
5.00
12.38
14.05
11.53
10.55
9.00
17.53
14.43
8.77
13.73
4.56
6.34
10.29
13.98
7.18
5.48
7.54
10.69
6.23
12.08
19.48
11.04
26.20
1521
442
15.45
8.51
15.82
4.32
8.56
8.59
13.87
9.11
10 02
7.81
13.13
1922
7.34
13.02 1
6.89
566
1546
14 23
e i -V i i riii wm
J5!ugs Fired
Across Bow
GARDENER Virginia McGaughey of Klamath Palls,
one of three finalists in Oregon in the Mrs, America con
test this yeari does much of the family yard work and
vegetable gardening in addition to home and community
obligations. She is also chauffeur and frequent home as
sistant for her mother, Mrs. Irene Colvin, who lives in
Klamath Falls. The Mrs. America contest will be held later
this year in Miami, Fla.
New Tricks Wifh Food
Taught At Cook School
-v' mi
FUNERAL Services for
Lewis Emery Bay, Malin
rancher, were held Friday,
March 29, at 2 p.m.ffrom
O'Hair's Memorial Chapel.
Final rites and interment
were in Malin Cemetery.
Mr. Bay died at the family
home March 26.
DAILY KLAMATH BASIN SHIPMENTS
Rail Truck Combined Rail ft Track TU
Oregon 10 19 :n
Calllornia 13 18 39
F.O.B. GROWER TRICES
Klamath Basin
Demand fair to good
Market steady
100 lb tacks Rutsrts
I S No. 1A 2" or 4 os. niln. . 2.50-2.60
6 to 14 at. . I.90J.25 oce. 3. Ml
Rakers 12 01. min. 3.ZS.J.30
Baled 10 lb. sacks 2.40-2.10 mostly 2. 50-2.60
LS No. 1 1 JO-1. 90
Net price la growers at cellar bulk cwt:
l"8 No. 1A 1.70-l.M
I S No. 2 .90-.95
COMBINED RAIL A TRUCK l-NLOADS
Oregon 3;
ToUl All Other Stairs 412
One Keek Ago
Orrgoe 25
Total All Other States 490
Strike Talks
Begin Anew
NEW YORK (UPP - Contract
talks resume today between pub
lishers and the pholoengrnvers
holdout union in the 112-day shut
down of eight daily newspapers.
Negotiators, the papers' almost
20,000 employes and the general
public had lapsed into hopeless
resignation Wednesday, when rc
licllious members of the union de
fied Ihcir leadership to turn down
a settlement propos.il by a 191-111
vole.
Publishers made clear that tlicy
would oiler no new concessions,
but Thursday, at the request of
Frank McGowan, president of
Pholociigravers Local I. they
agreed to meel today at 2 30 p.m.
EST at city hall. Mayor Ilobcrt
V. Wagner will preside.
Of ten unions idled in the dis
pute, seven have conic to terms
and two others have agreed to
work now and settle later; settle
ment with the ptotoengravers is
the only block to getting the pa
ers hack on the stands.
More than 1,200 Klamath Ba
sin homcmakcrs, a few husbands
and some guests from outside the
state learned new tricks with food
and viewed new kitchen equip
ment exhibited by local business
firms during the third annual,
free Herald and News Cooking
School and Food Fair that ended
Thursday.
Many of those attending went
home with attractive door prizes
ranging from Tulelake horserad
ish to electrical appliances.
The three-day school brought
Helen Kralowcc, demonstrator for
the Oregon Beef Council and the
Klamath County Cow Belles;
Carolvn Sullivan, regional home
economist, Bureau of Commercial
Fisheries. Seattle, and Bcv Lyons
(Polly Pacific 1, home service di
rector, Copco Division, Pacific
Power and Light Company.
Students of Klamath Union High
School Homemaking classes as
sisted each day, filling sacks with
cooking pamphlets and with dis
tribution of prizes.
Those helping Thursday were
Ann Scribner, Bcv Ormsbee, Lcx-
ie Putnam, Kathy Jones. Linda
Flowers and Betty Cote.
Fort Rock
PTA Meets
FORT ROCK The March
meeting of the Fort Rock Parent
Teacher Association will be held
Friday evening at the Fort Rock
School. Program plans include a
discussion of potential courses in
"continuing education sponsored
by Central Oregon College.
The executive committee met
March 26 at the home of Jack
Gillette, president, for a planning
session. The March 29 agenda
will include discussion of the
PTA's help with the building of a
concrete recreational slab at the
Fort Rock School site. The group
will also consider sponsoring the
Brownie Scouts led by Mrs. De-
lores Chancey and Mrs. Bcmie
Brown.
Pending legislation concerning
education will be presented.
An evaluation of the past year's
programs is expected to provide
new ideas for the committee
headed by Mrs. Bud Parks. Mrs.
Ralph McAllister, accompanied
by Mrs. Bud Parks, will present
some Gracie Fields selections to
provide program variety.
Hostesses for the evening will
be Mrs. Bernic Brown, newly
elected vice president, Mrs.
Ralph McAllister, incoming sec
retary-treasurer and Mrs. Bill
Hamilton.
Jobless Fund
Bill Entered
SALEM (UPI) - A bill that
would require employes, as well
as employers, to contribute to the
unemployment compensation fund
was approved for introduction
Thursday by the House Commit
tee on Labor and Industries.
Neither labor nor management
spokesmen seemed happy about
it.
The bill would require employes
to contribute two-tenths of'one per
cent of their wages. It would be
accompanied by an increase in
benefits from the present $40 to
(46.
Four Republicans and three
Democrats voted to introduce the
bill for purposes of further con
sideration. Voting against intro
duction were Reps. Edward Whe
lan, D-Portland, and Chairman
Wayne Turner, D-St. Helens, the
two most strongly identified with
labor.
Employe contributions would
represent, a sharp departure in
Oregon's unemployment compen
sation practices.
Only three states now have em
ploye contributions.
Whelan said the committee was
opening up an area of contro
versy that would plague subse
quent legislatures.
Funeral
Edwtrd W. Court. 61. died In llkeylew
Msrch V. He is survived by the widow,
Irene, r-uneral services will be el ? p.m.
Salurdev el the Ouslev-Oslermen Chapel
In LaKevlew. Interment, Sunset Perk.
BUILDING
FOR SALE
To be demolished end re
moved from present locotion.
Proposals will be received un
til 5:00 P.M., April 15, 1963.
City will reserve the right to
reject any ond oil proposals,
FOR FURTHER INFORMA
TION CONTACT BUILDING
DEPT., CITY OF
KLAMATH FALLS
Of U.S. Ship
(Continued from Page 1)
freighter Baku in a Cuban port
Wednesday were "under the pro
tection of American authorities."
Soviet Premier Nikita Khrush
chev said in an interview, obvi
ously before today's new Soviet
note, that the immediate danger
of war over Cuba had been
eliminated.
Cuban Premier Fidel Castro
charged Thursday the United
States was responsible for hit-and-run
attacks on the Cuban coast.
Castro said he might seek to buy
long-range bombers and ships to
protect the Cuban coast if the
raids continued.
Four Navy and Marine jet fight
ers scrambled from Key West
Fla., after Olsen flashed an SOS
that his ship was being fired on
by "unidentified aircraft." Tre
MIGs had vanished by the time
tbe American planes arrived.
Could Have lilt Ship
There was speculation that the
attack was in retaliation for two
recent Cuban exile raids on Soviet
freighters in Cuban ports. Officials
theorized that the attackers could
have hit the Floridian if they had
desired.
Olsen said the swept-wing MIGs
approached out of the sun, circled
his ship at various altitudes and
distances before swooping in on
alternate passes to within 500 feet
of the Floridian.
Scholarship
Judge Panel
Announced
The panel of judges for the an
nual $500 Steps to Knowledge
scholarship program of the ONC
Motor Freight System, was an
nounced today by Al Lynch, ter
minal manager.
Ray Hunsaker, superintendent
of city schools, is chairman of
the group which also includes
William Sweetland. publisher.
Herald and, News; Brooks Dick
erman, Pacific Northwest Bell
manager; Wesley A. McKaig, po
tato distributor; Robert Elliot,
safety engineer, Weyerhaeuser;
Curt Austcrmann, news director,
KOTI-TV, and Henry Well, loan
officer, United California Bank at
Dorris.
The judges will select one stu
dent from the Klamath Falls area
to receive a $500 scholarship for
the 1963-64 college year. The
award is one of 35 such education
al grants being given by the firm
throughout California, Oregon.
Washington and Nevada to high
school studynts.
Lynch said that recipients of
the award may attend any ac
credited four-year college or uni
versity in the United States.
Applications are available at
Klamath Union High School, Sa
cred Heart Academy, Henley
High School and Dorris High
School.
All applications must be sub
mitted by May 1, 1963.
MaMealBMiMiBVielfcleleMie e eaeMeWilrt iM idllin lilll'lrni il " I t irfiiji vir1 tktt irimrmilwsiliiiMel
YOUTH OF THE MONTH Paul Dearborn, Langell Valley, son of Mr. end Mrs. Mike
Dearborn, was selected by the Klamath Fells Kiwanis Club as its Youth of The Month
for March and was honored at the regular Thursday meeting of the club. He is shown
here being congratulated by Dick Hicks, president of tbe club, far right. Others, left
to right, ere Frank Tomic, of the Kiwanis Youth Committee; Dearborn, Francis Skinner,
extension agent handling 4-H work, and Hicks.
Crowds Jeer
Americans
NITEROI, Brazil (UPIl-About
1,000 persons in an overcrowded
union hall here cheered for
Cuba's Premier Fidel Castro and
jeered the United States Thurs
day night at the formal opening
of a "hate America" convention.
The Communist-sponsored meet
ing had been billed as "interna
tional," but newsmen covering
the opening session found only
Brazilians in evidence. There was
no sign of about 150 foreigners,
"mostly humble peasants and
workers, ' who were said to have!
come here for the meeting.
A convention announcement
Thursday said the foreigners who
would attend the congress includ
ed four men from America, at
least one of whom apparently has,
been living in Brazil for somei
time.
The announcement identified
the four as Scott Nearing, Gunter
Frank, Guillermo Martinez and
"one other who asked that his
name be withheld." Frank, whol
is said to be a Berlin-born gradu
ate of the University of Chicago,
recently wrote an article for a
Rio newspaper saying U.S. aid is
bad for Brazil.
Rank-and-file delegates milled
around the shipyard workers' un
ion hall for seven hours Thurs
day while four committees made
convention plans behind locked
doors.
Dearborn Chosen Youth
Of Month By Kiwanians
A Bonanza High School senior. been beef, and he currently ha
Paul Dearborn, was honoredia herd of 12 animals.
Thursday by being chosen the
"Youth of the Month" by the
Klamath Falls Kiwanis' Club.
Dearborn is a 9 - year 4-H
member and has completed 20
projects. His primary interest has
West Oregon
Streams Rise
By United Press International
Oregon's weather remained wet
and windy today and streams in
the western part of tlie state were
rising.
"Substantial rises" in tributary
streams were forecast through
Saturday by the river forecast
center in Portland. Coast Range
headwater streams and creeks in
northwest Oregon were expected
to overflow late today.
Rising stages in the main stem
of the Willamette and lower Co
lumbia were forecast for the next
two days, as the five-day outlook
called for recurring rain.
No immediate serious flood
threat was seen to major streams.
More than an inch of rain fell
at Salem, Portland and Newport
in the 24 hours ending at 4 a.m.
Among his many accomplish
ments are attendance at 4-H
Summer Camp, summer school
and state fair. He has been se
lected as Garden King of Klam
ath County, and was awarded ths
Bob Walker and Marshall Cornett
Award.
Dearborn was also selected as
a delegate to the Oregon 4-H Club
Conference on "Know Your State
Government," in Salem.
He was a delegate to the Unit
ed Nations Youth Pilgrimage to
New York in 1962, sponsored by
the Odd Fellows and Rebekahs.
Dearborn was recently chosen
salutatorian of his class at Bo
nanza. He has a keen interest in
music, and his future plans are
to attend law school at either
Willamette or the University of
Oregon.
He was a honor guest of the
club at I h e Thursday luncheon
meeting.
I HILL FARMS
LIVESTOCK
PORTLAND (UPI) (USDAI
Weekly livestock:
Cattle 1700: good-choice steers
mostly 24-24.50; standard 20-21.50:
utility 18; choice heifers 23.25;
good-choice 22.50-23; canner-cutter
cows 10-15: utility bulls 18-20.
Calves 250; good-choice slaugh
ter calves 30-33: standard - low
good 25-29; good - choice steer
calves 25-28.50. . '
Hogs 1175; barrows and gilts
1-2 16-16.25; 2 and 3 grade 15-
15.75; 13 sows to 600 lb 10-14.
Sheep 800; mostly choice lambs
18-18.50; 2-3 pelts 16-17; ewes 5-
5.50. ;Kn
Standing King Ranch Breeding
Hill's Wimpy P63959
Holler, roping and cutting horse.
Fee, $75.00, half price to 4-H and FFA members
Showdown Joe P51-638
Halter and cutting horse
Fee, $150. He was shown 4 times last year in
cutting horse contests in which he placed three
times. Many times a Grand Champion Halter
Horse.
2 Hill's Wimpy Fillies for Sale
. W. S. (Bill) Hill, Merrill, 798-5255
WE
mm r
Su LI ifey
IE lie
HELP KEEP YOUR FAMILY
THE PICTURE OF
n n r?a ri n
ML
L. Orth Sisemore
announces
ti
ne removal o
f h
is
law offices to
The
avings
First
and
Federal
Loan Bldg.
538 Main
Klamath Falls, Oregon
April I, 1963
REMEMBER...
No Store KNOWS
More About VITAMINS
than your DRUG STORE!
TAKE ADVANTAGE OF OUR TRAIN
ING ASK PAY LESS ABOUT YOUR
VITAMIN PROBLEMS.
NOW DAYS IT IS ALMOST IMPOSSIBLE
TO BE SURE YOUR FAMILY IS GETTING
ALL THE VITAMINS THEY NEED TO KEEP
THEM THE "PICTURE OF HEALTH"
THAT'S WHY YOU NEED
BEXEL VITAMIN INSURANCE
BEXEL VITAMIN FORMULAS ARE TAILOR
MADE TO MEET THE NEEDS OF EVERY
MEMBER OF YOUR FAMILY, YOUNG OR
OLD! AND THEY COST
ONLY PENNIES per DAY!
STOP AT PAY LESS TODAY AND LET'S
DISCUSS YOUR VITAMIN NEEDS!
h PRESCRIPTION DRUG SfORESl