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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (May 17, 1963)
PAGE 4-A Friday, May 17, 1M3 HERALD AND NEWS, Klamath Falli, Ore. MARKETS and FINANCE Stocks NEW YORK STOCKS By United I'ross International Ailia Chemical 493i A&im Co Am American Air Lines 24'i American Can 4j' American Motors 183. AT&T 123 American Tobacco .It Anaconda Copper SO'.i Armco 55? American standard Santa Fc 23Ji Bendix Corp 54 Bethlehem Steel 3 Hi Boeing Air Caterpillar Corp 41'j Chrysler Corp 58". Coca Cola US3! CS. 54'j CitumbiaGas M'i fSptinental Can 46''4 frown Zellerba'-l) 551. f-iircible Steel 20',i irtis Wright bow Chemical 64ai thi Pont 253'i tabtman Kodak 1137k Firestone 36'i Ford 49!i General Electric 82 General Foods 82 'i General (Motors 70'i General Portland Cement 2214 Georgia Pacific Greyhound 41 triflf Oil jijnestake Jjjho Power 34't Jfl.M. Jit Paper Johns .Manville Kennecott Copper Lockheed Aircraft Martin Merck Montana Power -Montgomery Ward Nat't Biscuit New York Central Northern Natural Gas Northern Pacific Pac Gas Elcc Penney J. C. Perm RB Parma Cement Phillips Proctor Gamble Radio Corporation Richfield Oil Safeway bears Shell Oil Socony Mobil Oil Southern Co. Southern Pacific Sperry Rand Standard California Standard lndina a Standard N, J. Stokely Van Camp Sun Klines Texas Co. Texas Gulf Sulfur tcias Pacific Land Trust ritlokol Trans America Trans World Air Tri-Continental Union Carbide Union Pacific United Aircraft United Air Lines V. Plywood U.S. Rubber VS. Steel United Utilities West Bank Corp Westinghouse Voungstown 47 7BVt 56". 21)1. 86! 371 47!. 197. 52H 47'. 331i 47 161. 14'k S2i 78 434 56 89 A2.U 66?. 54H 33 13 64',. SB'. 65'.. 10'. 67 15' 85 234 51 16 471. 401. 41',t 5714 '49 491. 38 39'. 63. 100'i MUTUAL FUNDS Vrlrtt until 10 a.m. PDT today Bid Asked AlOliated Fund Alomic Fund Blue Ridge Euilock Chemical Fund Coknial Fund Comw Inv. Diver Growth Dreyfus E H Stork Fidelity Capital Fidelity Trend Fundamental F.I.F. Founders Fund Group Sec Com Gr.'Scc Avia El tJamilton II D A. Hamilton C-7 tneurp Jnv, tCA Investor' Group Intercontinental Mutual Stock Selective Variable Keystone B l Keystone S-S Keystone S-4 M.I.T. M.I.T. Growth Nai l Inv. i&l'l Sec Div Snl I Sec Growth Sel l Sec Stock iSilnam Fund Piilnam Growth Selected Amer Shareholders IV Fund United Accum United Canada United Continental United Income United Science Value Lines Wellington Whitehall 820 4.85 11.91 I. 1.50 II. 1!) 11.59 908 870 17.15 1401 8.58 14.0.1 9.87 629 13.42 709 8.87 8.29 13.02 14.80 12.17 12.67 10.91 9.53 18 64 15 14 9.3.1 15.25 10.82 684 14.69 7.67 7.26 10.51 793 11.49 25 23 14.97 428 14 84 8.19 14 40 4 20 7.94 801 1507 877 9.77 11.13 7. 5.1 14.55 1856 894 U45 8.70 1462 13.75 26.14 16..M 468 16.22 885 15.63 459 8.68 875 16 47 9.58 HI 12.16 821 1590 20 17 7.58 13 81 7.32 15.93 1486 Potatoes JflORTLAND (UPI Potato market: Steady; Ore Ruwels U.S. No 2 S00-.1.50, some best 4 25: sized 2 ot spread 5.00-5.75: bakers 4.00 4 SO; bakers U.S. No 2 3.2J-3.50; 50 lb sks NO 3 1.00-1 . WALL STREET CHATTER NEW YORK fl'PH - Invest ment adviser James L. Fraser points out that until now the pub lic has bought only quality .stocks and occasionally a low priced stock that had "instant appeal. ''Public participation in sound secondary issues has been neglig ible, lie says, niid as a resu... numerous secondary stocks have grown in investment caliber and are available at a very reason able price-earings ratio. R.E. 'Buchsbaum of W. E. Hut ton & Co. says that even though the market may not have serious excesses to correct it is still piusible that it may have to back track a bit before meeting bond on the strong seasonal influences always evident in laic June through early August. Eliot Jancway says "it looks! like the Dow-Jones industrial av erage is headed towards 800 and maybe beyond. No doubt it may have a sinking-spell back into its recent area but this will only be temporary. The important thing is that a big move has got under way. WALL STREET NEW YORK (UPD-Strcngth in sugar issues featured an otherwise narrowly mixed stock market to day. Gams in the sugar group have reflected a series of boosts in the price of refined sugar. Holly and Amalgamated paced the sugar leaders. Du Pont and Rohm & Haas rose about a point apiece in the chemi cals. Steels were mixed but Chrys ler rose roughly 1 n a steady auto section. Oils weakened fea turing General American and .Amerada off nearly a point each. LIVESTOCK 'PORTLAND (UPI)-(USDAi - Weekly livestock: Cattle for week 1790; choice steers 24.50; good-choice 1100 lb down 23-24; good 21-23.50;choice heifers 23.25-23.50; mixed good- choice 22.76;canner cutter cows 12-15.50; cutter-utility bulls 19-20. Calves 260; good-choice vcalcrs 28-30. Hogs 100; 1 and 2 barrows and gilts 16.75-17; sows 10-13. Sheep 1700; choice-prime spring lambs mostly 22;old crop lambs good-choice 110 lb down 17-18: ewes cull-good 5-8. Groins CHICAGO (UPD Grain rang High Low Close Wheal May 2.09'i 2.031. 2 09'.-' Jul 1.85H 1.84". 1.85-1.85' Sep 1.86H 1.85". lSHH-'ii Dec 1.91". 1.B9H 1.90-1.89'i Oats May .70-1. .69'. .70', Jul , .!", ,665 .67H Sep 67H AT .67'i Dec .69'. 69'i .69'. Rye May 1.26'i 1.24s. 1.24VH Jul 12 124'. l.J4'.-. Sep 1.25". 1.24'. I.2.V. Dec 1 28 1.261. 1.27. Stocks LOCAL BECURITIF.S rrlces until 11:30 a.m. PDT today Rid Askrd Bank of America 64'i. 67'. CalPacl'lil 27', I9'i Con Freight 13' I4'i Cyprus Mines 2.1 24. Equitable SAL 34'. .Wi 1st Natl Bank 66 69", .lantren -' s7 Morrison Knutsen 31 .11 Mult Kennels 4'j 5 N.W. Natural Gas 361. 3R' Orccon (Metallurgical 1' '' PC.E 261. 2H. PPfcL 27'i 29'. U.S. Nat'l Bank 79' . 78 West Coast Tel 24', S6. Weyerhaeuser 32't 3t' ObitMO'ies HOWLIY Ail1trt P Rltv. rtiwt In IMP vtrw M.v " H. wvlvfrt Bv Widow. Mlonl. L.vvl.w ith. Nfti. I .k.vlfw. B.n. Htvnii.m, Wh,i ri.uqs t.rv NtlHt V.cLt.n nd S"f P'f'r. I .kftviaw: brn(h.r. C. L Ro'.V. l.wie- hura. M'Ch. Grlvdlri rvKM Will bt Saturday. Mtv IB. urtdfr in. Quttupn g, Oullty-Oiltfmin Crt.pt'. LORINT Wllli.m Wortrd. Lornr. .7. d'd IT. SurvlvM bv widow. Cl.udi. rhlldauld, IhIM brdll.tf, Ulfnn. R11TI.V C.IH.. C P.. feuot". Or. . M J . ws.l tl.r, C.UI. 'wo W'l J.mi wn IIMmion. S.nl. S.rh.r., M. E m I sirww. fSa.l.nd. i.v.r.l mer. ."d ohw. Fudtr.l irwfi will h. h.ld Mwid.v. M.v 70. .1 I'M Dm i"OHil M.mri.l Cbp.l. lnl.rm.nl In Ln.vi CHW.I.ry. Accident Hurts Mother, Child A voting mother ami her 8- month-old child received minor lacerations when Ihe foreign sports car the woman was driving became involved In an accident on Highway 58, about I :io pm. Thursday, Stale Police at Gilchrist nave rcpoi ii. The victims were Jill Annette Small, 19. of 110 Moss Avenue. Oakland, Calif., and tier child. John Alexander Small. Neither of Ihe two were hospitalized. De tails of tlw accident wer not available from police. GOAL ATTAINED Members of the Merry Mixers Dance Club will burn the mortgage Saturday on the building they purchased in Pelican City as their permanent club house. Al Rider, president, above, says Merry Mixers is one of the few clubs in Oregon that owns its own building. Club house was once store for Pelican Bay Lumber Com. pany. Mortgage Slated By 'Hie last payment has been made on the building used by the Merry Mixers Square Dance Club and the mortgage will be burned with ceremonies at the c 1 u fa- house Saturday night, May 18. I he building, constructed about 1900, once served as the store for the onetime 'Pelican Bay Lum ber Company, that operated in the heyday of the lumber indus try in Klamath County. Cost of the building and six lots was slightly over $1,500. The building when purchased at auction in 1958 was just as it had been when abandoned by Cor Stolen Street Parking Place Two break-ins and two thefts, including the theft of an auto mobile, were reported by the Klamath Falls Police Department Thursday and Friday. Charles DcLap, 1950 Crest St., reported his 1963 brown Oldsmo- bile was stolen while it was parkde on Main Street between South Third and Fourth streets about 10:15 p.m. Thursday. The vehicle was located by state police later in the evening near Ihe Timber Mountain Lodge on U.S. 97 north of Weed. William Coleman, 1010 Hank Street, reported to city police that his house was entered by a pair of juvenile boys between 12 and 12:15 p.m. Wednesday. Coleman said some cookies and cigarettes were taken by the youths. The city police are investi. gating the incident. A bicak-in at a tavern at 2065 Oregon Avenue, Thursday, be tween 4 and 5 a.m. was reported bv city police. The rear door was discovered kicked open and a cross bar was removed to gain entry into the tavern. Nothing was found miss ing. A radio valued at $55 was re ported stolen from a truck some- lime within the last weeh while Change Set For Signals Revision of the downtown traf fic signal system has been sched uled by the State Highway De partment. The department has called for bids on June 4 for a traffic signal revision here. Specifically, the project calls tor revisions of the Irallic signals on U.S. 97 ana Oregon 66 at 13 street intersex' Hons in tlic Klamath Falls busi nrss district. Tlie project is to be completed by the fall of 1963. The cilv will share the costs with the highway department. Crash Injures Tule Woman TVLKLAKK-Mrs. Robert Pow ell, wile of a Tulclake rancher, is in Klamath Valley Hospital with injuries received lale Tuesday. M.iy 14 wlten the rear of her northbound automobile was struck by a southbound Great Northern height train, at the Great North ern D.iltmi siding. OKnial reports indicate Mrs. Powell, alone in the car, was northbound when she drove from County ltoad ml across the tracks winch she had nearly cleared when Ihe accident hapiicned. Hear of the ear was d,unai:etl. She was taken to Klamath Kails ;hy Tucllke arnbulance. I gill Burning Ceremony Square Dancers the lumber company, with dozens of bins for merchandise, shelving and drawers still intact. Floors were badly damaged and win dows had been broken. The down stairs is now a modern kitchen for politicks. The dance hall is on the upper floor. With a small cash outlay and donated help of members, the building has been transformed into an attractive setting for the club. Funds to buy the building and materials were raised by mem bership pledges. Merry Mixers organized about From Main the vehicle was parked in the rear of 904 Klamath Avenue. C.H. Bussman. 3113 Summers Lane, ow ner of the truck, report ed that a wing window w as broken to gain entry. Man Killed By Tractor ALTURAS Sorvices were con ducted Thursday from' Ihe St James Cedarvillc Catholic Church for Patrick Dunham, 48, w ho died Monday afternoon, May 13. as a result of injuries sustained in a tractor accident. Mr. Dunham was engaged in spring harrowing on a Iractor when, officers believe, he appar ently struck a ditch and was thrown from the machine. Tlic rear wheels passed over his chest He was discovered bv another ranch employe. Joe Bicondoa Jr and rushed to the Modoc 'Medical Center in Cedarville w here he w as pronounced dead on arrival. He was employed on the John Esnil ranch, Kagleville, for the past two years. Mr. Dunham was born in Aber deen, S.D.. in August. 1915. He had been a resident of Surprise Valley tor the past 15 years. In torment was in the Eaglevillc Cemetery. Fire Blamed On Backfire A backfire was blamed for starting a fire under the hood of an automobile parked on the 600 block of Klamath Avenue, aliout 6 50 p.m.. Thursday, the Klam ath Falls Fire Department has reported The fire caused minor damage to the wiring and hood of the car, owned by Mrs. Harry Rob bins, 1005 Pine Street, lircmen said. No reports of fire were made to the Klamath Falls Substation. Ihe Suburban, or the Countv Fire Departments. Chief Resting From Blood Clot Fire Chief Grno Gheller is rest ing at home alter treatment at the Hillside Hospital for a blood clot in his leg. The chief will have to slay oil his feet for an otlier week Ihe hospital reported Chief Gheller aggravated an old leg injury when he twisted his leg at the Espcrsen house fire on Lakoshnre Drive three weeks ago. The chief was at Hillside hii a week Surgery was not iwees sary. SEE THE FILM "Mr. Robert Wetch preienri the John Birch Society" Tu..d.,, May 21, 1 963 Shaita Grange Hall eight years ago with a few cou ples. The club is one of the old est in Oregon. Present member ship is 72 couples. The group travels to dances over the state and to other states. Members square dance one weekend and round dance twice a month. Shirley Mav- hew instructs this group. Official costumes are black and white with a Merry Mixer em blem. Women wear black and white full skirts, white blouses and black vests, men white shirts, black pants and boots. Caller Stan Boak of Bandon. will call for the dance Saturday and all square dancers are in vited. Club officers are Al Ride r, president; Wally Lee, vice presi dent; Oarlene Woodward, secre tary; Thclma Gwyn, treasurer, Ed Morlan and Howard Sanders, board members. r ALGER (AL) W. NELSON Al Nelson Rites Slated Funeral services will be held at 3:30 pm. Saturday, May IS. from the Masonic Lodge. 41H Klamath Avenue, for Alger (Al' W. Nelson, 58, who died May It Final rites and interment will be in Eternal Hills Memorial Gardens. Ward's Klamalh Fu ncral Home will be in charge ol arrangements. He was a native of Amery. Wis . born .Ian. 28. I!X5. He moved with his family lo Ever ett. Wash, when a child and went to work for the Great North ern Itaihoad on June 3, 11123, continuing lor 40 years. The familv came to Klamath Falls Sept. 12. Mil and he con tinued in the service of the G.N. He was a member of Klamath l-odee. No. 77 A F. ft A.M. and of the Veterans Association of Ihe Great Northern Railway. Survivors include the wkIou. Olavren Nelson, this city: one daughter. Mrs. Ixris Moruskin of Ewa Israeli. Hawaii, a sister, Mrs. Eleanor Graves. Sjxikane. Wash, and two grandsons. Mother Honored The auxiliary of World War t Barracks No. '.25 honored a mem ber. Mrs Lillian Haulen. named Mother of the ear by t h e group, before Mother's Day with a gilt. She had lieen ill but is im proving. Her home is at 217 Com mercial. Farmers! Loggers! Bulk Gasoline Competitive Prices ond S&H Green Stamps TANKS AVAILABLE Cliff Yaden's SERVICE 2560 it,. 6th TU 4-3611 OPEN 24 HOURS . Jury Finds Patt Guilty Of Assault A jury of six men and six women returned a verdict of guil ty against Byron Patt, 21, charged with assault and battery by means of force likely to do great bodily harm, it developed in circuit court late Thursday night. The vote was 10-2 with two men opposing the majority. Judge Lyle Wolff leceivcd trie decision at 10:36 p.m. and set 10 a.m., Wednesday, May 22. as the time for the passing of sentence. The jury was impaneled with in 35 minutes early Thursday and began deliberating at the close of the trial, about 5 p.m. Excluding a recess for dinner, the jury deliberated four hours before agreeing on the verdict. Patt. a Warm Springs Indian, was accused of assaulting Rudy Saluskin in a Fort Klamath mo tel during the weekend of March 16. The attack developed after the two men had an argument about the results of the Indian basketball tournament held ear lier this year in Chiloquin. Memorial Service Set A memorial service for Mrs. Ethel Nichol, Klamath Falls ma tron who died in Tacoma follow ing a throe-month illness, will be held Monday at 1:30 p.m. in the First Presbyterian Church, with Rev. Robert C. Groves offi ciating. Funeral services were conducted on Friday in Tacoma. j Mrs. Nichol, a native of Ore-1 gon. had resided in Klamath Falls for 14 years where she was active in club and church work. She would have been 56 on May 18. She is , survived by her hus band. Gerhard Nichol. this city; one daughter, Mrs. Patricia Clo thier, and three grandsons, all of Tacoma. Friends may contribute to the American Cancer Society. E. Dunnigan Funeral Held Funeral services were held Thursday, May M6, from Ward's Klamath Funeral Home for Mrs. Ellen Dunnigan, who with her late husband once operated the Brimming Cup Cafe on the Ash land Highway near Keno. She had been blind for 15 years. Mrs. Dunnigan was born Marshfield, Wis., in 1881. and had lived in Klamath County 25 years. Her husband died in 1957 and she lived alone. They made their home in the Empire Hotel for a time, then bought a residence on Wantland Street. A Christian Science reader of ficiated at the service and the graveside in Klamath Memorial Park. Mrs. Dunnigan had no known relatives. Bill Lorenz Death Told William ( Bill i Monroe Lorenz, longtime resident of Klamath County and a Chiloquin business man, died at Hillside Hospital at 12:25 a.m. iFriday. May 17. He had been in failing health for some time. Mr. and Mrs. Lorenz operated Ihe Lorenz Store in Chiloquin where lie served as mayor for several terms. He was promi nent in Klamath Countv Reoubli- can politics and civic affairs. Mineral services will be Mon day. Mav 20. at 1:39 nrrt. in charge of O'Hair's Mcmoiral Cha pel, place to be announced. Funerals TEORICK Fu"f'.l i.rvit.j tor O.Orq. W.ihioi lo Ird-.tk will i.k. pi.c item I". Cfi.0.1 VV.-cl Kl.m.lh Fun.r.l Mem. On S.'u'd.v. .V 'I. . 1 j0 D m Concluflioo s.rvlc.I Kl.rn.l H I I I t M.irtOn.l G.rdni. NELSON Pon.-l ifrvic lor AlQ.r W.ldo Nrl .On w.il t.k. plc. tfom IS. V.iOniC Tfmpl. On Sa'urdrtv. VV li. .1 J jS 0 m V.ull interment In Etern.i M.n. Me mo". I .rrlen W.rOi Ki.m.th F un.r .1 Home in cs.rge GRADUATION CARt Vshen vewcare enouch to xnd the very best Choose from the finest selection we've ever had. We're headquarters for Hallmark! BRODERiCK'S PHARMACY 2212 So. 6th Ph. TU 2-4683 Open 9 am. I pm Clod Sun. 3 GROOMS FOR EVENT Carol Frei of the Junior Broncs is'shown as she g r o o m s "Skeeter," her favorite horse, in preparation for the Basin 4-H Horse Playday to be held at the Klamath County Fairgrounds on Sunday, May 19. About 100 Basin 4-H Club members are expected to participate, according to Francis A. Skinner, county extension agent. . County Agent Photo 4-H Clubbers Groom Steeds For Horse Playdcsy Sunday Nearly 100 4-H Club members of the Basin are making prep arations for the Basin 4-H Horse Playday at t h e fairgrounds on May 19 according to entries re ceived in the county extension office. Klamath County 4-H lead ers are hosting the event. Showmanship, horsemanship, reining and trail horse classes will be held for junior and sen ior age 4-H Club members. In addition there will be timed events in keyhole, hurdle, barrel, saddle and rescue races, and pole bend ing. The purpose of 4-H horse show manship is to teach boys and girls courtesy, good grooming, poise, conlidence and how to lit. train and handle animals. In a showmanship contest the club members are judged on their ap pearance, how they have groomed and trained their horse. and their ability to show their horse. The size and shape of the horse is not considered. Only I hose things the club member can do to improve his appearance and handling are judged. In horsemanship the club mem ber must be able to control his horse at all times. Basis for scor ing 4-H horsemanship includes clothing and equipment, seat and BEATS TI.ME DL'NEDLV, Fla. UPH Pro golfer John Barnum became Ihe oldest winner of a major PGA event when he won the 19B2 Ca jun classic af Ihe age of 51 years, one month ani five days. MAY IS BUSTING OUT AT NELSON'S TV Mnnemnm.wii man- !-iWiiw.4iMqjit !8j MODEL 23SC-1S-2 TV. Hand crafted and hand fin ished cabinet of the finest hardwoods as ore all Pack ard Bell TV's and Stereos. All chassis are hand wired with transformer protec tion. See it' Hear it! Ask obout the special trade-ins and lew terms. FREE TV ? for a limited time only c Nelson's TV and Radio SALES ond SERVICE TV IS OUR BUSINESS NOT A SIDE LINE 3005 Shasto Way Ph. TU 2-3479 ft , iL , ? hands, and performance. Type of clothing is optional, but the club member must be neat and clean. The club member should sit the saddle easily and be relaxed. Pos ture should be erect but with the body comfortable and flexible. Good balance and grip are im portant in enjoying good horse manship. The main consideration in a 4-H horsemanship contest is the ability of the club member lo have his horse perform the fff RENTAL I Y'; j. SERVICE j NOW ... a Larger Selection of Sickroom Rentals We have expanded our facilities in order to carry a more complete selection of supplies and equip ment used in the sickroom. Now you can rent the equipment right here, instead of going out of town for it. Walker. Wheel Chairs Patient Lifts Hospitol Beds Whirlpool. Bring us your doctor's prescription for the above! in Scandia Walnut cabinet. Stereo console with AM, FM and F,V, stereo multiplex radio. Fully automatic professional type Girrard turntable. 6 speakers 12" woofer and two 4" tweeters on each side. Frequency response of 30 to 30,000 cps with 88 wotts of output. See it and hear it. Ask about the special trade-in and low terms. STANDS ,WITH ALL PORTABLES , i j & ' - ' ,!"; " usual ring' routine and any addi tional movements the judge may request. The public is invited to the 4-H horse playday w h i c h be gins at 9 a.m.. PDT. 1003 East Main St. Phon. TU 4-6812 ir Oxygen Therapy Equip. Cammodei Exercisers Traction Equip, Crutchos 1 s