Herald and news. (Klamath Falls, Or.) 1942-current, April 05, 1963, Image 4

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Herald and news., April 05, 1963, Page 4, Image 4

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Newspaper Page TextFACE 4-A HERALD AND NEWS, Friday, April S, 1M3 KUnutfc rail. OrefM MARKETS and FINANCE Stocks By I'nllfd Prrs lnlrraalinnal Allied Chemical Alum Co Am S4si American Air Lines 31': American Can 45'.j American Motors AT&T I"1 American Tobacco 10s Anaconda Copper 3i Armco American Standard IS Sanla Ke Bewlix Corp r, Bethlehem Steel I' Boeing Air 3"5" Brunswick "' Caterpillar Corp 37-li Chrysler Corp IK1 Coca Cola ' CBS. Columbia Gas 28' Continental Can Crown Zcllerbach SS'-i Crucible Steel 20".i Curtis Wright 2 Hi Dow Chemical 13 Du Pont 21:7' Eastman Kodak 1111 Firestone Ford ' General Electric 7fr General Foods '' General Motors mv Cicncral Portland Cement 21'i Georgia Pacific SI Greyhound Gulf Oil 4:1 llomestake " Idaho Power Wt l.B.M. 442 Int Paper .lohns Manvillo Kcnnecott Copper . . .TO 4 Lockheed Aircraft ''-' Martin 2IH Merck "J'4 Montana Power Montgomery Ward :,7''"J Nafl Biscuit w New York Central Northern Natural Gas Northern Pacific Pac Gas Elcc 34 Penney J. C. 4tl3 Penn UR lr.'" Perma Cement '4'-' Phillips f' Proctor Gamble 73 Radio Corporation Richfield Oil 4"''' Safeway Sears Shell Oil 4" Socony Mobil. Oil ' Southern Co. W Southern Pacific l'-a Kperry Rand l;)" Standard California W! Standard Indiana 5B' Standard N. J. Stokely Van Cainp l'J'-a Sun Mines M Texas Cu. . ''BMi Texas Gulf Sulfur Texas Pacific Land Trust 2l',i Thiokol 271 Trans America 5" Trans World Air H' Tri-Contlnenlal i Union Carbide WO1 a Union Pacific li'A United Aircraft 48' United Air Lines 38 U.S. Plywood 54'i U.S. Rubber ' U.S. Steel 48' West Bunk Corp ' M't Westinghouse 35 U Youngslown WALL STREET CHATTER .NEW YORK a:PH-L.O Hoop er of W. E. Mutton & Co. be lieves that this is not a runaway market, that jpcculalivc activity will continue restrained, and that now is not the lime to get ex cited. He says the important thing is not to follow a pronounced trend in prices. Most of the "fallen an gels" among the electronics, vending machine and other glam our slocks still are very much out of favor. Groups in favor, he notes, arc the motors, oils and selected blue chips. "Whatever one can say about the current trend in stocks, one factor is quite clear," says Thorn son St .McKinnon. "There has been steady accumulation of good issues." Such a situation in the past, it notes, has always been an indicator ol a strong market base. Abraham & Co. notes that re cent good news regarding orders for the machine tool industry has turned investors' attention toward this long dormant group. The in dustry appears to he at the be ginning of a cyclical upswing in volume that may, in his lirm s opinion, last for several years. Bache & Co. says that in view of growing investor interest, as well as the favorable economic climate, it continues to advocate purchase of recent market favorites. WALL STREET NEW YORK (UPI) - Stocks held steady today. Motors were narrowly mixed but hcmicals and steels were firm. Chrysler lost nearly "i on profit aking but Ford and American Motors managed fractional gains. IBM jumped more than 2 in the electronics but Motorola tumbled about 3. Schlumberger, also in this group, rose more than a point. Universal gained roughly a point n an otherwise easier oil depart ment. Some metals, utilities and airlines moved slightly higher. Potatoes PORTLAND (UPIl - Polalo market: Steady; Ore Russets U.S. No 2 3.00 3.25; some best 3.0 4.00; sized 2 oi spread 4.50-4.73, few low as 4.00; bakers 4.00-4.40, few 3.00-3.25; 6-14 02 3.00-3.85; bakers U.S. No 2 2.75-2 83; 50 lb sks No 2 2.50-2.05. Stocks MUTUAL FUNDS Priors Until 10 1.111. I'ST tmlnv lj 'r-W$ -fife- GRAND PRIZE TALENT WINNERS Four youngsters who were awarded first prize in the Clai B category of the Youth Talent Contest held last week at Mills School were also named the grind prize winners during en appraisal of the acts following the show. Lawrence Bullard, director of the contest, presents the top award to the win ners for their vocal rendition of "Gossip." The vocalists attend Conger School and are, left to right, John Kesterson, Jim Monteith, Ken St. John and Clinton Kintgen. The runnerup award for the grand prize went to Dwaine Larson, Henley High School, for a vocal solo. Eight other awards went to the winners and those placing in three dif ferent categories. Singers Win Talenf Confest Prize A singing quartet, a pianist, and an acrobatic act received the top awards in three categories of the Youth Talent Contest, 1 LIVESTOCK PORTLAND (UPH-(USDA) Weekly livestock; Cuttle 1650; high good - choice steers 24.80; most good 23 - 24; standard-low good 20-22.75; choice 800 lb heifers 23.25: good-choice 22-23; dinner - cutler cows 10-15; cutter-utility bulls 18-19.50. Calves 330; good-choice Vealeis 30-33, standard 24-28; cull - utility 16-21; good choice feeder steers near 400 lb 20. Hogs 850; harrows and gills 1-2 grade late at 16-16.25; sows 1-3 grade 10-14, mostly 13 down. Sheep 3li0; choice 85-08 lb wool- cd lambs 18.50-19; few good-choice shorn No. 3 to fall shorn licit.' 16.50-17.511; ewes cull-good 5-6.23 Bid Asked Affiliated Fund 7.91 8.56 Atomic Fund 4 62 5 04 Blue Ridgo 11.50 12.57 Bullock 13.112 14.27 Chemical Fund subj. 10.82 11.76 Comw lnv 9 77 10.86 Diver Growth 8.33 11.13 Dreyfus 16.46 17.811 E & H Slock 13.54 14.63 Fidelity Capital 8 24 8.96 Fidelity Trend 12.93 14.08 Founders Fund 5.04 6.46 Fundamental 9.53 1045 Group Sec Com 13.01 14 24 Gr Sec Avia El 6.64 7.28 Hamilton H D A. 4 85 Hamilton C-7 4 96 5 42 Incorp lnv. 7 no 7.63 1CA 9.91 10 83 Investor's Group Intercontinental 5.79 6 26 Mutual 11.14 12(13 Slock 18 12 19.56 Selective 10:14 II Oh Variable 6 46 6 98 Kcyslone B-l 23.12 26 21 Keystone SH 14 13 15 42 Keystone S-4 I 10 4.411 M I T. 14 29 15.62 M I T. Growth 7 87 8 60 Nat l lnv. 14.87 15.08 Nat l Sec Div 3 95 4 K Nafl Sec Grow 111 xd 7 37 8.27 Nat'l Sec Stock xd 7.68 8 39 LOCAL .SIOCUHITIFS Prices until 11:30 a.m. I'ST today titt Asked Hank of America 61 t 64 '4 Cal Pac U til 25'j 27'a Con Freight l,l I4S Cyprus Mines 22' 4 24 Equitable S & L :w 1 3H'a 1st Nat l Bank iU'-j 611 Jantzen 24:l 26:,4 Morrison Knutsen ;i0'i Xl't Mult Kennels 4'j 5 N.W. Natural Gas 3.V. 38 Oregon Metallurgical l' l' PGE ' 24' 26'j PP&L 26'3 2B' U.S. Nai l Hank 74' la', United Util M-, 38J West Coast Tel 23' 4 244 Weyerhaeuser 3iP 32'n Grains CHICAGO U'Pl'-Grain range High Ixiw Close Wheal May 2. Ill' 4 2.08'. 2.09 '4-2. 10 Jill 1.90' j 190 l.90'-'4 Sep 1.9P 191't ll'4 Dec 195'a 1.95'. 1 95'.-'4 Mar 1.95' 1.93 1 95-I.95'. Oals May .69', .wis. .69"-'4 Jill .69'. .68' .69' Sep .69'. .('. .69'. Dec .71i. ,71't .7P Itve May 1.30'j l.29'i l.29-'i-S Jul 129'4 I28'j 1.28'4 Sep 1 29 1.228's 1.28-' lx-o l.so'i 1 :;n i.:i', Obituaries Seniors Vie For Honors In Speech Senior high school students from six of the seven high schools of Klamath County School District and KUHS will compete Satur day morning at KUHS for the opportunity to perform at the 1963 meet of the Oregon High School Speech League at OSU in Corval- lis April 18-20. Nearly loo students will gather in the KUHS cafeteria at 9 a.m. to vie for the honor of bcini; nmong the 16 Klamath County speakers in eight divisions at Hie stale meet. At 9 a.m. the meet will begin with competition in impromptu. oratory, humorous interpretation and serious interpretation. Ex tempore speaking begins at 10:30 a.m.. poetry and alter - dinner speaking at 11 a.m. and radio speaking at 11:30 a.m. Judges for the meel will be Mrs. Joe Riker, Mrs. II. F. Smith Arlcne Skaugsct. Rev. Rolwrt Groves, Rev. Robert John, Lee Shafer. Kurt Auslcrmann and Robert Dcltosier. Director of the meet is Howard Bingham, secondary school su pervisor for Klamalh County School District. cording to information received Thursday from Lawrence Bullard, director of the show. Judged the best of a number of variety acts was a quartet composed of Jim Monteith, Ken St. John, Clinton Kintgen and John Kesterson which received the grand prize trophy, in addition to first prize in the Class B group (fifth through seventh grades'. The troupe acquired the two awards for their vocal arrange ment of ."Gossip." edging Dwaine Larson, a vocalist from Henley High School, for the grand prize and winning the nod over a group of accordionists from the Robert- Girls Plant Tree Sunday Members of the county court and Ihe County Parks Commis sion will tie present at Hagel- stein Park 1 Barclay Springs', 2 p.m. Saturday when the Camp Fire Girls of Merrill and Conger School plant a weeping birch tree 111 Ihe picnic area, in ohser vancc of Arbor Day. The Merrill girls, supervised hy Mrs. Michael O'Keelc and Mrs Ben Murphy, will he in charge of Ihe dedication exercises while Ihe sixth grade Conger girls, direct ed by Mrs. Rolland Contrail and Mrs. Pete Stride, will do the ac tual planting. Arbor Day, observed in every stale in Ihe nation, lulls on the Easier weekend, April 13-14, Ibis year, so the tree planting cere mony has boon moved up to to morrow in order to avoid conllic with the holidays. The tree planting is in accord with Ihe motto of tho Camp Fire Girls, which has as its theme. "Plant a tree, keep America Iwautifiil." The local Camp Fire Girls plant a tree each year on Arbor Hay. Punishment Ballot Gets Senate Okay SALEM 'UPI' The Senate voted 25 to 3 today to allow voters to decide whether the death penalty should be retained in Oregon. The Senate approved a proposed change in the constitution which would make life imprisonment the penalty for first degree murder The measure now goes to llic House. The Senate resolution on the death penalty calls for the vole on the issue at the next regular general election in 1964. Voting against the proposal were Sens. Ward Cook, Eddie Ali ens and Ben Musa. Sens. Harry Boivin and Al Flcgel were absent. The House passed a bill to en- I'ourage lin ing ot me naiuucappca by revising the workmen's com pensation law to eliminate charg es against an employer's experi ence rating for a disability - re lated accident. The House refused, 40-18. to call the basic school fund bill from committee for a vote on the floor in the next few days. Rep. Joe Rogers, R-lndependencc. said it should not be left for "left-over money." The House received a bill to create a special committee 10 iook into the spending of public funds or lobbying. It also received a bill to appro priate $3 million to cities in lieu of a share of a cigarette tax, if such a lax is approved. In arguing for approval of Ihe dealh penally measure. Son. Don Willncr, D-Uike Oswego, said the death penalty was not a deterrent In crime. He termed the action "pari of 0 world-wide struggle (or the dignity of the human lieing." Sen. Thomas Mahoney. D-Port- land, reminded senators that the issue was rejected by 12.000 votes the last lime it was on the ballot. He pointed out the ballot descrip tion at that time was confusing. Sen. Waller Pearson. D Port land, said it was an issue that the people should decide. son School of Music for the Class B award. First prize in the Class A bracket went to Rosemary Johnck for her piano solo, "Capriccio Es- pagnol," while the same award in Ihe Class C group was award ed to acrobat Jancv Margaret Retterath' of the Nnrmadean Dance Studio. Complete results: Class A: 1. Johnck. piano solo. "Capriccio Espagnol"; 2, Debra Ferm, pantomime; 3, .luanita Stevens, baton twirling act. Class B: 1, Monteith, St. John. Kintgen. Kesterson. vocalists: 2, Susan Negus, Sheryl Book. Rob ert Lotz, Stephen Powell, Robert Dalby, James Mighaccio, Donna Murray, Charlene Davis, Claudia McCusker. Sandra Johnson, Jay Conroy, Vicki Gustafson, Bonnie Morse. Marvin Betsch, Julia Schindler. Howie Klassen and Rod ney Smith, accordionists: 3, San dy Miller and Janie Lou Schmed li, lap dance. Class C: 1, Retterath, acrobatic act: 2, Diana Mauch, Benny Tschirky. Calhy Cunningham and Sandy MacKey and Kim Gray, dance. Grand prize: Monteith, St John, Kintgen and Kesterson, vo calists; runnerup, Larson, vocal ist. Taxpayers Get Value Hike Notes About 2.800 county taxpayers were expected to have begun re ceiving greetings through the U.S. Mails from County Asses sor Hap Caldwell sometime today. advising them that their property had increased in assessed value. The notices of increases in as sessed valuation of property were mailed from the assessor's office Thursday and Friday and represents one-sixth of the total number of landowners in the countv. The assessor's office does re assessment work on one-sixth of the land and real property the county each year. Caldwell said thai the assessed value of an individual piece of property is approximately one- fourth of its market value. People disagreeing with the new assess ment figure as noted on the "pink cards" now in the mails are ad vised In consult the assessor. 'We are doing a mass re assessment job and cannot spend the same amount of time on an appraisal as an F.H.A. represen tative or some other appraiser, Caldwell stated. Property owners with questions about the increase in assessments are invited to discuss llie matter with Ihe assessor's olfice, or they may appeal any increase in as sessment by filing a protest with the Board of Equalization, which meets Monday, May 13. Reappraisal work in the county this past year was completed on 875,000 acres, Caldwell remarked LOOT RECOVERED Deputy Sheriff Lou Bogart catalogues personal p r o p e r t y valued at close to $1,000 which was recovered by deputies following the March 29 burglary of a cabin owned by Royce Brown of Bonanza. The loot, including an electric guitar valued at $575, was stolen by three youths and cached among some cliffs less than a mile from Bonanza. Two of the youths made two trips to haul the loot from the cabin to the cache while the other juvenile made three. The burglary, committee while Brown was away in Canyonville, was solved when a student body card found at the scene of the crime by a deputy led to the arrest of the youths. Sheriff s Photo School Board Filings Close Today Shasta Road Closure Set Elks Install New Ruler Robert P. Craig, a teacher al Pelican School, was installed Thursday night as Exalted Ruler of Klamath Falls Lodge No. 1247, BPOEIks. He succeeds Mike Hol land. Other elected officers are Wal ter C. Badorek, Esteemed Lead ing Knight; Oscar DcNault, Es teemed Uyal Knight; William R. Evans Jr., Esteemed Lecturing Knight; Angus W. Newlon, secre tary; W. E. Carter, treasurer; Roy T. Huge, Tiler: Paul W. Sharp, Alternate Delegate. Appointive officers include Francis M. Scapplc, Inner Guard; Paul Whitman, chaplain: Joe H. Victor, Esquire; G. B. Rawlins. assistant Esquire, and William R. Evans Sr., organist. The new officers and Ihcir la (ties will lie Honored al Ihe in augural hall in the Elks Temple, Saturday, April 6. Dancing will be from 10 p.m. to 2 a.m. to dance is informal for ladies There is no charge. Other April events in the lodge include a regular meeting, April II: sponsorship of the Red Cross Bloodmobile. April 16. 2:30 to 7:30 p.m.: regular meeting April 18; indoctrination. April 23: April 23. initiation and Dutch lunch: Elks Bowling league. April 27. dinner and dance lor Elks and ladies. MOUNT SHASTA Siskiyou County road department has an nounced that the portion of the county road between Highway 99 and the Safeway store, South of Mount Shasta, and the Southern Pacific railroad tracks will be closed at 6 a.m. on April 8. It will remain closed during the con struction of the freeway, which is expected to be completed in approximately two years. Motorists are advised to use the Valley Road to Azalea and the county road from there to the highway, near the junction of Highway 99 and 89. The construction company Frederickson - Watson, has been unable to proceed with work on the Interstate 5 freeway bypass as scheduled because of weather conditions. The deadline for filing nomina tion petitions for city school board posts is 5 p.m. today, April 5, according to Harold Ashley, city school clerk. A race is expected in each of the three openings on the high school and elementary boards. Lou A. Kellison, Route 3, Klam ath Falls, has filed nomination papers for the opening in the Weycihaeuser-Lenox district and it is expected that papers will be filed for Marvin Furlow, also of Route 3, before 5 p.m. today. Nomination petitions have been filed by two candidates for John Voth's high school board post. Voth had announced he would not un for reelection. C. O. Borsting and Ted W. Hyde filed for this post. Papers were taken out today lor Bob Fredrickson, 1005 North Seventh Street, for the same post. Hans Norland. 627 Pine Street, filed papers today for Ihe open ing on the elementary school board. Rollin A. Cantrall, elemen tary board chairman, already filed papers for reelection for that post. Dale Good, county school clerk, announced Ihe county Capitol Space Control Voted SALEM (UPI' The Ways and Means Committee moved today to stem what it considers defiance of the legislature by voting In in troduce a bill to give the legisla lure control of space allocation in the capitol building. The legislature discovered Thursday that a civil defense cen tcr is being constructed in the apitol basement despite the vote of Ihe committee to slash civil defense. The new bill would give the legislature control over all space except that occupied by the gov ernor and his immediate staff, The committee also approved a bill to give the civil defense d rector specific authority to coordi nate civil defense activities of other state agencies. deadline for filing nomination pa pers for two openings on the county school board is also 5 p.m., April 5. There are no apparent' races on the county school board elec tion since only one person has filed (or each of the openings. Ivan H. Bold, Bonanza, has filed for the post vacated by Don McGee, Bly. and B. M. Antle has filed for reelection in the western zone. Harold Ashley announced that absentee voting will be available and any registered voter who w ill not be in the city May 6 may pick up an absentee ballot al Ashley's office in the Administra tion Building. DOWNTOWN OFFICE SPACE Inquire At GUN STORE .714 Main Bu SALE GOVERNMENT USED VEHICLES & EQUIPMENT - OREGON Chfv. SrtUiift. Ford Srdan, i Ton Chrv. Plrkup. 1't.U Infl. Srlmol un, Jill piBsmger t Cheinawa Indian School, CI1LMAWA. 9 Ford IMrkup ? Willyi Station Wacom al Bureau of Land Management, COOS HAY. IW.M Michigan truck mounted Crane Sliovrl. Che, Ton Plcknp, Ford Dump Truck, 3 Ton lap, at National Park Servlrf. Medfard. WIMva Pickup Chevrolet Sedan, at Bureau of Reclamation, KLAM ATH FALLS. Wlllv Jeep at 1'matiMa Sun-agency. PfcN lll.K TON: S Hose Reel A Truck TransmUslon at liureau of Land Management, VALIi. GENERAL SERVICES ADMINISTRATION Sealed Bid Sale 10UPS 63-76 Bid forms available at above locations ond from BUSINESS SERVICE CENTER, GENERAL SERVICES ADMINISTRATION 909 First Avenue, Room 101, Seattle i pfam controls weeds in many crops! i5ifluVi Rrg. T. U fa' i k"tr,tU. 1. Eptam controls mot major weed pests . , . annual grasses, annual broadlcaes, nut grass. 2. Eptam favors mechanization; it reduces or eliminates hand weeding in (he crop row. 3. Under normal cropping, tptam leaden no residue in the soil to a fleet subsequent sus ceptible crops. 4. tptam is applied at planting; there's no waiting, no missed applications due to bad weather. 5. In many circumstances, tptam can be ap plied and the crop planted in one operation. 6. When properly applied, tptam gies con sistently good results under a wide variety of cntl and c''ma,'C CnnrlitinrK. Putnam Fund Putnam Growth Selected Amcr Shareholders TV Fund United Accum United Canada United Continental United Income United Science VaJuc Lines Wellington Whitehall 1474 H47 !t :wi 10 87 7.28 14 07 642 WO? 9 21 10,12 It JUt 7!U 15.3B 7.02 5.72 15tvt MCOERMOTT Marqurel rVonimi McOeimnU. T. fliM hert April 4, 163. Survivor v Dauqh tr, Mrt. Rorcm Johmoo. Mri itll Hurtgrn. Mr. OlM VcDflrrnott. U O Ihit tiiv, l'n LoitQ. Nor co, Ct't.. Wr Clyd Ptltriort, HHwiv. 0' ; or. Htrold iMn. L IrtordrtO. Kn ; iltttr. Btrthft Pilwt, Yvrvit'f. C'. A'Kt Stpr1". Srit lion. Wrt . nd Tift Collins. OMnriOfum: brother, Thtmit Johniton, California; io I ft Qr-flmkhil- drn And ID giMl-gr tiiK hildrKi FuiwaI itrvtffi will t iifoufKed tv WA'd KlsmtH F-urwal Horn KATIMITCR John Kimvr. 4V cj-rd Apr. I M i ftvrvlvM by Mt wdow. Id Kftltmtvrr, Klmth fdlli! two daughter, Liln (W ktr. klmlh Fil, Shi Mr v 0hl, At VrHld, Clil : brolhffr. 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