PACK 4-A '
Wcdneulay, May I, 1963
IIKRALD AND NEWS, Klamath Falls, Ore.
MARKETS and FINANCE
Sfocks
By United Press International
.Alum Co Am
American Air Lines
. American Can
.American Motors
;at4t
JAmerican Tobacco
,'Ajiaconda Copper
;Armco
Santa Fe
Bendix Corp
Bethlehem Steel
Boeing Air
Brunswick
Caterpillar Corp
Chrysler Corp
Coca Cola
iColumbia Gas
.Continental Can
Crown Zellerbach
-Crucible Steel
Curtis Wrisht
Dow Chemical
Eastman Kodak
Firestone
Ford
General Electric
General Foods
General Motors
Georgia Pacific
Greyhound
;Gulf Oil
Homestake
Mdaho Power
'IBM.
Int Paper
Johns Manville
Kennecott Copper
Lockheed Aircraft
Merck
Montana Powe
Montgomery Ward
Nat'l Biscuit
New York Central
'Northern Pacific
!Pac Gas Elcc
Penney J.C.
iPerma Cement
'Phillips
'.Proctor Gamble
Radio Corporation
Kichficld Oil
Safeway
Scars
Shell Oil
Socony Mobil Oil
. Southern Co. '
! Southern Pacific
' Snerry Rand
.Standard California
; Standard Indiana
; Standard N.J.
; Stokelcy Van Camp
Sun Mines
Texas Co.
Texas Gulf Sulfur
Texas Pacific Land Trust
Thiokol
Trans America
Trans World Air
Union Carbide
Union Pacilic
United Aircraft
United Air Lines
60'
443
10
1244
32 'i
31i
53?,
2U
533i
.H'i
l.i3.
384.
106'k
95i
29'
54
2Mi
22a,4
l4'
114'
37
S2
SO
52'
42
45
45'a
35
470
30i
4(i'
75
57?.
86'
37
38 "
48
IH1.
45'
32'
41.
15'.
53 Vi
764
BOV'4
45
844
41
64'
554
34
14
US'
58'.
6414
67
15V.
M
25S
55i
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11M,
38',
WALL STREZT
CHATTER
NEW YORK IIT! - Whether
it takes two weeks or two months
for the industrial average to,
reach a new record high, Ashley
Thorndike of Harris, Upham &
Co. says several technical inch
,cators should then he closely
watched to determine whether the
breakout is false or will carry
through to possibly 80O.
Danger signs, he says, would lie
a sudden swing to the buy side
in the odd-lot statistics, a further
decline in the customer's free
credit balances figures published
by the exchange, a drop below
50 per cent in the number ol
stocks outperforming the average,
and a decline In the ratio of VM3
highs to lows.
Lduard F. Underwood of Ira
Haupt 4 Co. said his technical
analysis of the .'10 components of
the Dow-Jones industrial average
suggests materially higher levels
for the average itself. He says a
level of about 800 this year or
early next would not be surpris
ing.
Spear 4 Staff says the Dow has
performed well in recent sessions
so much so that we believe
the prospects of a near-term re
versal have diminished, and that
a penetration of the 1961 peak ofl
7J4.9I is likely within the next
two or three weeks time."
Merchants Study Ways
To Combat Bad Checks
A check seminar designed to
instruct merchants how to bet
ter prepare themselves from be
coming the victims of customers
passing worthless checks open.
lor the first time in Klamath
County tomorrow, Thursday, be
tween the hours of 9 a.m. through
noon, in the hearing room at
the county court.
People unable to appear at
the morning session may attend
a later seminar scheduled trom
7 p.m. to 10 o'clock the' same
day, also in the hearing room.
The course is free and there is
no prc-registration.
The check school, sponsored by
the district attorney's office, is
designed to reduce the losses in
curred by businesses through the
cashing of worthless checks and
to make the prosecution of check
passers more certain, according
to District Attorney Dale Crab-tree.
The course will be especially
useful to employes of businesses
who are charged with the respon
sibility of accepting checks from
patrons.
Instructors of the course will
include Clare Aldersnn, Oregon
State Police Identification Bureau
at Salem; Jim Benbrook, Federal
Bureau of Investigation at Port
land; Dale Crabtree, district at
torney of Klamath County; Dennis
Lilly, detective sergeant of the
Klamath Falls Police Department,
and a representative of a bank
ing institution.
The course represents another
step being taken by the district
attorney's office to crack down
on the passers of fraudulent
checks. Earlier this year, the dis
trict attorney organized the Klam
ath County Bunco Squad, a two
man team composed of Detective
Lilly and Deputy Del Summers of
the sheriff's office, with a view
to increasing the number of ar
rests made on people accused of
passing fictitious or worthless
checks.
;
IK
J nS J it.
i K. J.
.! ' :, ? f Hi'
t 1 ' 'I f i
i- it
WALL STRKET
NEW YORK (UPD - Stocks
staged a strong early rally today.
Auto, steel, rail, metal, chemi
cal and utility shares all firmed
paced by Du Pont and Alcoa with
gains running past a point and
General Motors up v to a new
all-time peak.
Rock Island was the biggest rail
gainer, helped by reports it is
about to sign a merger agreement
with the Union Pacific which rose
a fraction.
Electronics and glamor special
ties figured in the new rise with
IBM and Polaroid up 4 apiece.
Texas Instruments nearly 2, and
RCA, Litton, Bcckman and others
around a point.
Kennecott, which reported a
quarterly earnings drop, and
American Agricultural Chemical,
which recently ran up on merger
news, were weak.
39'
U.S. Plywood 57J4
U.S. Rubber 4K4
U.S. Strut K54
United Utilities ' . . . .
West Bank Corp MU
Westinghouse ' 354
'.Youngslown 1004
i MUTUAL FUNDS
Prh-pi until 10 a.m. PDT today
Afliliated Fund 8.09 8.76
Atomic Fund 4 76 5 .20
Blue Ridge 1168 12.77
Bullock 13.37 14.65
Chemical Fund 10 99 11.95
Comw. lnv.
Diver Growth 8.54 9..T6
Dreyfus 1681 18.37
E & H Stock 13.88 15.00
fidelity Capital 840 9.13
fidelity Trend 13 56 14.74
Fundamental 9 75 I06B
F.I.F. 4 33 4 74
Founders Fund fi. 16 6 70
Group Sec Com 13 36 14.63
(,t. Sec Avia El 6 B4 7 50
Hamilton H D A. 4 94
Hamilton C-7 5 06 .153
Jncorp lnv. 7.17 7.84
3CA 10.28 11.23
3nvrstnr' Group
; Intercontinental 8.12 6 62
t Mutual 1140 19 42
t Stock 18 92 20 07
; Selective 10 45 II 17
; Variable 6 65 7.19
Keystone B l 25 20 26.30
Keystone S-.1 14 56 15 89
keystone S-4 4 20 4 59
JviiT. 14 64 16 00
5M.I.T. Growth 8 07 8 82
Nat'l lnv. 15 20 16 4.1
Js.it' Sec Div 4 10 4 48
at'l Sec Growth 7 82 8 55
fsat'l Sec Stork 7B8 8 61
J'ulnam Fund 14 99 16 38
Putnam Growth 8 64 9.44
Selected Amcr 0 59 10 37
Shareholders 11.04 12 07
TV Fund 7 44 8 II
I lilted Acrum 14 41 15.75
United Canada 18 47 20 08
United Continental 6 84 7 48
I nited Income 12 34 13 49
United Science 6 60 7 21
Value Lines 5 26 5 75
Wellington 14 50 15 80
Whitehall 13 60 14 70
LOCAL KKCURITIKS
Prices um II 11:30 a.m. PDT tndnv
Bid Asked
Pank of America 644 674
T'al Pac Util 23 27
Con Freight 12't 134
Cvprus Mines 22'4 24H
Equitable S 4 L 344 3
ist Nat'l Bank 5'
'.lanlzen 254 27
Morrison Knutsen Xfit 324
lult Kennels ' '
N.W. Natural Gas 36-4 .184
Oregon Metallurgical 14 14
PGE V
PP4L ' 28
VS. Nat l Bank 74 774
Vest Coast Tel 53 4 24S
Veyerhaeuscr ' 324
LIVESTOCK
Juveniles
Flee Home
Three juveniles escaped
from the Klamath County Juvenile
Home, 801 Vandenberg Road, over
the weekend and went on a car
stealing and burglary spree work
ing their way south as far as
Eureka, Calif. Two of the teen
age juveniles were apprehended
by the California Highway Patrol
Monday in Eureka. The where
abouts of the third boy is unknown.
The three youths ran away from
the home Saturday night and stole
a car owned by Leonard
Hudgkins, 1440 Eldorado Avenue.
The car was found by police
abandoned in Lincoln. Ore.
Another car was stolen at Lin
coln and driven to Mountain
where a third vehicle was taken
and driven to Wcavervitle. There,
the fourth car was taken and
driven to Combo where a tavern
grocery store was robbed.
The two youths will be held in
Trinity County. Calif., on charges
of car theft and burglary.
KLAMATH FALLS
LIVESTOCK AUCTION MARKET
May 7
Receipts: Cattle 147; Calves 10.
Hogs 10; Sheep 0.
Last week: Cattle 363; calves
40: Hogs 24; Sheep 29.
Compared last Tuesday, cows
with calves steady; supply other
classes too small to establish
trend.
Slaughter Cattle: Cows: Cut
ters 4 Utility. 12.60-14.50.
Bulls: Cutlers 4 Utility, 18.50-
19.80.
Slockers 4 Feeders: Steers
Too few to establish market.
Heifers: Good. 482 lbs.. 25 80;
Good, 770 lbs., 20.10.
Steer Calves: Med.-Good, 350-
470 lbs., 25.90-28.
Heifer Calves: Too few to es
tablish market.
Cows: Mcd.-Uood. Pairs, 216-235.
Bulls: Breeders. 2 yearling Her
efords, 270-337 per head; Long
yearling Angus, 205-347 per head
Baby Calves: Beef. 41-50 per
head.
Hogs: U.S. I & 2 narrows 4
Gills, 216-242 lbs.. 15.
Reported by Ray O, Petersen,
county extension agent.
PORTLAND (UPD (USD.V -
Livestock:
Cattle 250; good - choice steers
23.50-24: mixpd good-choice heif
ers 22 50; utility-commercial cow
16-18; cutter-utility dairy bred 15-
15.50
Calves 50; good-choice vealers
M-;m.
Hogs 2O0. 1 and 2 butchers 15.
50-16.
Sheep 50; no early lest.
Groins
CHICAGO turn-Grain range
High Vim Close
Wheat
May J 10. 2 084 2 OS'i-5
Jul 1 SS'i 1 864 1 87H-4
Sep 1 89H 1 884 1 884-4
Dec 19J4 1924 1934-S
Oats
May .70 .694 .69V4
Jul .674 .674 .67-4
Sep . 684 .674 674-4
Dec .704 .794 .704
Rr
May 1.284 1284 1284
Jul 1284 1 274 1.274
Sep 1284 1274 1274
Dec 1 30 1 294 1.294
Potatoes
rotiTLAsn u rn - ruio
market:
Steady; Ore Russets U S. So 2
3 25-4; sized 2 ot spread S 00-5 50.
bakers 4 254 50; bakers U.S. So 2
3 25-3 50. 50 lb tks No 1 I Ou-1 25
Funerols
OOUI
14rvki It HHhtn Mn(rl
BnOl Will t 4hJ 1A m S4 t. in
O Hir . vnoril Clupffl. Inlfrmfnl
Ten Tanks
Exploded
SOMERVILLE. Mass. lUri'-A
cluster of chemical storage tanks
exploded in a fury of flames I"
day when lire swept across a
chemical plant.
Hundreds of firefighters battled
the general alarm blaze at the
American Mineral Spirits Co. plant
in a thickly Industrial section of
this city three miles north of
Boston.
The wind-fanned fire broke out
shortly after 6 a.m. rDT and three
hours later was burning fiercely
At least one fireman was in
jured.
The rapid-fire explosion of 10 of
29 small tanks sent flames shoot
ing 100 feet into the air and heavy
black smoke turned day into night.
hampering the fire-fighting opera
lions. The smoke could be seen
15 miles away.
Cause of the fire was not known
immediately.
Tlie flames threatened nearby
industrial plants and employes in
surrounding buildings were rushed
In safety.
The sprawling chemical plant
division ot Pure Oil Co.. was
turned into an inferno as flames
Iraped from tank to tank and
building to building.
Alumni Plan
For Charter
Presentation
Paisley Man
Dies On May 5
LAKEVIKW - Vernon Edward
SManson. 56. Paisley, died May 5
at the I.'ikcvirw Hospital. He was
twin Oct. 3. 1906, at Caslaic.
Calif , and had been working on
the George Elder ranch at Pais
ley since 1948.
Surviving are a hrotlier. Earl.
Paisley, and a brother and (our
sisters in California.
Graveside services were held at
the Paisley Cemetery on Tuesday.
May 7. w ith the Rev. Lester Botil
den of Lakrvir v officiating.
The Wincma Challengers of the
Dale Carnegie Alumni Associa
tion will receive its charter at a
banquet in the Log Cabin at 7:30
p.m. Thursday, Floyd Cunning
ham, local alumni president, will
preside.
The Challengers, an entirely
new organization here, joins the
many international alumni groups
composed of graduates of Dale
Carnegie classes. Trained for
leadership, its membership is ded
icated to participation in commu
nity service.
AI E. Minato, Grants Pass, gov
ernor of Division Three, which
includes Oregon, Washington,
Alaska and British Columbia, will
be here to present the charter.
Minato, a graduate of Chiloquin
High School, will be remembered
for his civic activities in the Chil
oquin and Klamath Agency area.
He was graduated from the Uni
versity of Oregon in 1950. complet
ed the Dale Carnegie Course in
Grants Pass in 1959 and became
charter president of that alumni
club. Then in 1962, he was elect
ed to his present office.
Charlene McNoise will give for
the invocation the 23rd Psalm in
Indian sign language.
William Swcetland will present
some possible community chal
lenges to a new service club. In
addition, there will be brief im
promptu and prepared speeches
bv club members."
A 30-ycar-old Chiloquin man
was being transferred from the
Oregon State Hospital at Salem to
the Klamath County Jail today
to ap)ea: in circuit court for a
3:-:Nvj1. M--II - -rrlr
PLAYERS WORK ON SET Three members of the KUmarh Civic Theatre work on
one of the sets for the group's play, "Light Up The Sky," set for May 17, 18, 24 and
25 at the Pine Grove Room of the Willard Hotel, The play ii come Jy by Moss
Hart. Applying paint brush and roller are, from left, Clarke Fairchild, David Wallwork
and Bob Matthews.
Chiloquin Man Transferred Here
For Trial After Suicide Attempts
West Oregon
Rains Ease
PORTLAND lUPD-Hcavy rain
which fell on Oregon for two days
eased off Tuesday and tributary
streams were dropping.
Most rainfall reported m Oregon
for the 24-hour period ending
arly today was .23 of an inch at
Portland. Brookincs had only .02
of an inch.
The Willamette River was ex
pected to crest at Corvallis, Al
bany and Salem today, some 3 to
5 feet below flood stage. The crest
is exiiecled to reach Oregon City
Thursday morning some two leet
below flood stage.
The Santiam River at Jefferson
dropped 2.5 feet and the Willam-i
ette was going down at Eugene.
The Coquille River also was drop
ing after causing minor flooding.
trial he has sought to avoid by
twice attempting suicide.
Sheriff Deputy Del Summers
departed from Klamath Falls for
the state hospital Tuesday to take
into custody Raymond Hoover,
who has eluded standing trial for
larceny by jumping bail, attempt
ing suicide in a Reno jail last
February, and again attempting
to take his own life in the Klam
ath County Jail April 18.
Interspersed among the three
incidents. Hoover was committed
to the state hospital following a
Time Changed
The time for the evening evan
gelistic services at the Lakeside
Church of the N'azarene has been
changed from 7 p.m. to 7:30 p.m.,
Wednesday through Saturday. The
Sunday evening service will begin
at 7 p.m. as announced.
pre-trial sanity hearing in Klam
ath County Circuit Court and was
later returned to the county jail
following a psychiatric examina
tion at the hospital.
A short time later. Hoover
slashed his upper arm with a
razor blade and was readmitted
to the hospital where he remained
until today.
Last fall, Hoover was indicted
by the grand jury for the larceny
of an automobile, a; charge to
which he pleaded not guilty before
Judge David R. Vandenberg. and
was released on $3,000 bond. He
fled to California before the day
scheduled for his trial, but was
later apprehended by Reno police
and held for sheriff's deputies. It
was at that time that he first
attempted suicide by slashing his
arm, as in the most recent in
stance.
The time for Hoover's trial is
to be set later in circuit court.
Leon Pearson Stabbed
In Struggle At House
Leon Pearson, 37, is in good
condition at the Klamath Valley
Hospital Wednesday after he was
stabbed in the abdomen at about
8:30 a m. Tuesday after an argu-.
ment and struggle with Cleo Wil
liams, 37. City police list Pear
son's and the woman's address as
714 North Third Street.
Although three Witnesses, who
were in the house at the time.
City Budget
Group Meets
The city budget committee held
its organizational meeting last
night at city hall and elected
Adolph Zamsky chairman.
Preliminary discussion was giv
en to some phases of the budget,
with the next session scheduled
for Wednesday evening. Plans
call for completion of budget de
liberations in time to set a public
hearing on it for June 17.
In addition to Mayor Robert
Voatch and Councilmcn Ladd
Hoyt, James Barnes, Chet Hama
ker, Lyle Kellstrom and Walter
Fleet, the board consists of Zam
sky. Oscar Shive, Ed Bell. Rob
ert Thompson. Lester Offield and
Kaspcr Moty.
CITV BRIEFS
JACK MEREDITH returned
May 5 from a month's visit with
his son and family. Staff Sergeant
and Mrs. Richard Meredith, in
Cape Cod, Mass. While there he
was feted with a birthday dinner
and shown many points of interest
in Boston and Plymouth, Mass.,
and Rhode Island. Leaving April
6, he traveled round-trip by plane.
stated that the pair had been
drinking heavily and arguing, no
one apparently saw the actual
stabbing. .
Pearson at the hospital after
surgery refused to say a word
to police and Miss Williams, who
is not being held, said she didn't
stab the victim.
Statements from witnesses, Lyle
Williams and Carl Williams, both
from the same North Third Street
address, and Isiah Marshall, 5494
Commercial Street, indicated
that Cleo Williams Iliad the knife
which police are holding as the
weapon.
Lyle Williams said he saw the
pair scuffling and Pearson backed
aw'ay bleeding from the abdo
men. Marshall said U'oil gave the
knife to Cleo Williams and said
"cut my throat." He indicated,
however, that the woman put the
knife back. He went out of the
living room, where the incident
apparently took place, and then
heard from Pearson, You cut
me." When Marshall went back
into the room he said it looked
as if they both were holding the
knife.
Cigarette
Prices Up
PORTLAND (UPP - Prices of
refiular cigarettes went up one
cent per pack and seven cents
per carton in many local stores
Tuesday.
Wholesalers said they had been
notified by manufacturers that the
wholesale price was being raised
seven cents per carton.
Qju(c!(ilv LLA
MOTHER'S
DAY
MAY 12
Choos your Mother's Day gifts from a
complete selection of fresh, delicious
Russell Stover Candies.
Assorted
Chocolates
... this "Always
Favorite" assort
ment Is sure to
please your
favorite Mother.
1 lb. JI.50
2 lbs. 2.95
little
Ambassadors
. . exquisite mim
alure chocolates
... many unusual
centers . . . Mather
will lave itl
1 lb. $2.00
2 lbs. 4.00
BE A
REAL ESTATE
SALESMAN
Good pay ond plrowinr ork
Moit reel titot oMicti can us
O good ialfvmon. It VOvj orf now
o Reol fcjiot Salomon, why
not tturty one h?comf a brokfr.
Mor rhon half ot thent bo
hjv becom talesmen or brok
tri tn th EuQt?n otra in thf
past thrt rat hov studtrd
with mi Complete court in
cluding text materials with pr.
wxil instruction 3 weeks
S7rt Correspondence course
Clarence F. Hyde
USI W.IUmtt St. Dl 3-717 1
The Gift Box
... a choice
assortment of
chocolates and
butter bons . . .
on elegant gift
tor Mother's Day.
I'j lbs. 52.25
2U lbs. 3.25
CLEARANCE
9th &
Main
FREE
Ph. TU 2-3475
DELIVERY
We don't wont it the price
is right if you con use it.
DELTA COMPACT DRILL PRESS
Complete with Vi HP Ball Bearing Pi 50
Motor. Reg. 79.95 JH
DELTA COMPACT 4" JOINTER
Complete with i HP Ball Bearing ri 50
Motor. Reg. 79.95 34
K V - HAT RACKS - TIE RACKS - SHOE
RACKS PURSE RACK. Reg. to 6.95 ..
K V SINGLE HAT RACK
Reg. 1.20
4" POLISHING BONNET
Reg. 69c
PLASTIC TACKLE BOX
Reg. 2.78
SABRE SAW ATTACHMENT
For 9" MB DeWolt. Reg. 19.95
SKIL PLANE ATTACHMENT
For Vi HP Skil Router. Reg. 44.95
MISC. TOOLS PLASTIC HAMMER,
DIES, BARS, SQUARES, Etc. Reg. 1.75
U-PC. SOCKET SET
Reg. 4.49
SKIL SNAP LOCK JIG SAW
Attachment. Fits It" Drill. Reg. 14.95
SKIL SNAP LOCK ORBITAL SANDER
Attachment for U" Drill. Reg. 14.95
6" STANLEY GRINDER
Reg. 54.95
6" THOR GRINDER
Reg. 47.50
GRINDING WHEELS FOR Vi" DRILL
Assorted. Reg. 69c
METAL & WOOD LEG SETS
Reg. to 11.95
17-PC. Vi" SOCKET SET
In Metal Box. Reg. 33.85
13-PC. 3 a" SOCKET SET
Entra Long Sockets. Reg. 34.58
LEPAGES WHITE GLUE
Reg. 29e
SKIL SNAP LOCK GRINDER
Reg. 14.95
VACUUM FILLERS
Odd Sites
FIREMITE BLACK FIREPLACE
Smoll Sixes 24". Reg. 159.00
PLASTIC GARDEN HOSE
Reg. 3.09
Auger Bit Set Reg. 5.49
Kern Glo Gallons, Reg. $9.79
Shake Point, Reg. $6.45
Wood Stains, Qt. 2.20 .
99c
19c
19c
T9
6 88
8"
19c
99c
6 88
6 88
24 95
24"
19c
J 99
12"
12"
9c
6 88
19c
00
I4'
99e
$5.88
$2.88
... 99e
CABINET HARDWARE CLOSEOUTS
One Group One Greue On Group
Reg to I.3S Rt. to (Sc Ret. to 5c
29c 19c 9c
NO. 2 BULK TUBE STEEL WOOL 79e 19e
Btfe HARDWARE
Wear a Flower
In Honor of "Mom
mm
t.u Iwrx. '55.
One of the customs of Mother's Day is
to weor a carnation. A colored carnation
means that your mother is living - white
is worn if one's mother has passed awav.
CARNATION
. Boutonnieres
MEN'S 50c
WOMEN'S 1.00
Corsages for Mother
Lovely, distinctive ond individually designed to
pleose her. Order early so we may give it that
personal touch for you.
s 2.50 to $ 5.00
4) ROSES CARNATIONS
O ORCHIDS Q GARDENIAS
O LILY OF THE VALLEY
Attention Air Force!
Fro deHtni hoo been ichcduled for Folton
Heio.hts tor
:00 P.M.
Mother'i Dor ot ,,.09 A M
Wt wtlcomt tfc opportunity to tcrvt you.
Al ond Nmo Nybock
Free delivery in Klamath Folli, and
Convenient off-itreet parking.
FLOWERS DO TALK
Mi
FLOWER FAIR
AL and NINE NYBACK
Your Satisfaction Guaranteed
Open 'til 9:00 Thun. through Sot.,
ond Mother'i Day 'til 5:00
3614 So. 6th St. TU 4-8188
SEND FLOWERS BY WIRE