Herald and news. (Klamath Falls, Or.) 1942-current, May 22, 1963, Image 4

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Herald and news., May 22, 1963, Page 4, Image 4

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Newspaper Page TextPAGE 4-A IIKRAU) AND NEWS, Wrdnr-kdav, May 23, 1M.1 Klamath Falls, Ore-. 'MARKETS and FINANCE Stocks By I'nit'd Pre is lniernallonal Allied Chemical Alum Co Am American Air Lines American Can American Motors AT&T American Tobacco 'Anaconda Copper Armco J American Standard 'f Santa Fo ' Bendix Corp Bethlehem Steel ' Boeing Air Brunswick Caterpillar Corp Chrysler Corp Coca Cola CBS. Columbia Gas Continental Can . Crown Zellcrbach Curtis Wright Dow Chemical , Du Pont , Eastman Kodak ; Firestone ' ; Ford ; laencral Kleclric .iencral Foods I "General Motors '. General Portland Cement ' Georgia Pacific '. Greyhound I Gulf Oil ; HomesUike Idaho Power IBM. Int Paper Johns Manville Kennecott Copper Lockheed Aircraft Martin Merck Montana Power Montgomery Ward Nat'l Biscuit New York Central Northern Pacific Pac Gas Elec , Penney J.C. Penn RR Perma Cement 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. Stokcly Van Camp Sun Mines Texas Co. Texas Gulf Sulfur Texas Pacific Land Trust Thiokol Trans America Trans World Air ' 'nion Carbide U nion Pacific United Aircraft United Air Lines U.S. Plywood U.S. Rutihcr U.S. Steel United Utilities West Bank Corp Westinghousc Youngslown 45ti I Ml 123 30H 3Hi 29'.s 32 .17H 15 41 ' Wi Wi 53' s 29!ii 46(i 52 mi (13 253(4 35Ji 4tV 81',; m 4Hi 45 3S m 55' 4 87?, 38H 47?i 21 47 33V4 45 17 77Ts 67 43 56 90 42 67 53' 35 13 64 57'2 65 19 11 2 WALL STREET CHATTER NEW YORK tlPH - Investo graph Stock Survey believes the market is steadier and less ner vous now than it has been for some time. It notes "there is every indica tion that great quantities n high grade stock have moved into strong hands funds, insurance companies, trusts those who are not easily made nervous by minor fluctuations or economic gossip. For the time being, therefore, Invcstograph believes this is an unusually sensible market-me fhat will not weaken without ra tional reasons. Standard & Poor's says that in dications are the stock market will maintain a strong tone. It believes that in view of the rise, an increased degree of selectivity is advised in making new pur chases, but otherwise a construc tive policy remains in order. "Long term potentials still look promising, says the United Busi ness Service. It advises continuing with a fairly full quota of good slocks. The Dow Theory Trader looks for new highs in the Dow-Jones industrial average during the month of May and no later than the first week in June. Wis 1 Y l:-w.A. COWBOY STANDBYS An Interesting display of old cattle ranching equipment from the Klamath County Library was arranged by Irene Seely for the May 8 meeting of the Klamath County Historical Society. Two oldtime ranchers, Earl Kester, center, and Cliff McClellan, right, displayed chaps worn by cowhands for Hal Ogle, local historian, member of the historical society and the museum board. Photo by Devere Helfrlch WALL STREET NEW YORK (LPIi Stocks moved irregularly higher today. Steels firmed with Jones & Laughlin and Youngstown adding gains close to a point and motors held close to Tuesday's levels. In the chemicals, Du Pont, trading ex-dividend, rose more than 2 and Eastman Kodak slipped around 1 Sugar shares were less domi nant today and Holly Sugar and American Crystal were about the only issues lo gain more than IBM and RCA scored point-sized gaia in the electronics and U.S. Smelting picked up about 1 in the metals. MUTUAL FUNDS Prices until 10 a m Altiliated Fund Atomic Fund Blue Ridge Bullock Chemical Fund Colonial Fund Comw. Inv. Diver Growth Dreyfus F. H Slock Fidelity Capital Fidelity Trend Fundamental F.I.F. Founders Fund Group Sec Com (ir See Avia El Hamilton II II A. Hamilton C-7 Incorp Inv. tCA Investor's Group inierconuneiiMi Mutual Slock Selective Variable Keystone B I Keystone S-1 Keystone S 4 M I T. M I T. Giowih Nat l Inv. Nat l Sec Div Nat'l Sec Groulh Nat'l Sec Slock Putnam Fund Putnam Growth Selected Amer Shareholders TV Fund United Actum United Canada United Continental United Income United Science Value iJnes Wellington Whitehall POT today Hid Asked 887 8 211 487 11 !C 1351 11.21 11.60 16 20 871 17.19 13 99 R.iR 14 in '.18.1 6 30 13 42 6 98 7 23 1049 25 24 15.00 4 2M 14 83 8 JO 15 42 4 22 y.n 8 02 15 10 8 78 9 75 II 13 7.Y1 It 54 18 y 6 93 12.4.1 6 70 5 37 14 62 UTS LIVESTOCK KLAMATH FALLS LIVESTOCK AUCTION MARKET May 21 Receipts: All Cattle 243; Calves 100; Hogs 12; Shoop 0. Last Week: Cattle 420; Calves 44; Hogs Miecp 3. fiB Compared lust Tuesday all l51slocker cattle classes steady ay;, slaughter cows .50 lower; hogs 24stcady. 52 Slaughter Caltlc: Cows; Low 171, Utility, 13.10-14.40; Cullers, 12.10- Hit, 13.20: Canners, B.;0O-11.80. 4I4 Bulls: Utility & Cmcl.. 18 90- .... 19 50. 4H4 Slockcrs & Feeders: Sleers 57.1, Too few to establish market. 48 Jleiers: Too lew to establish 50 market. 371, Steer Calves: Oood-Ohoii-c, 380 3!) 390 lbs., 28.25-30.00; Med., 265- 36 435 H)S., 24.70-26.25. .... Heifer Calves: Good Choice, 307-460 lbs., 2t.70-2fi.50. Cows: Good, pairs. 196 117; Com. -Med. pairs, I7S-MI2. Baby Calves: Beet. 40-47 per head. Hogs: U.S. 1 f 2 Barrows & Gilts, 215 lbs., Weaner Pigs. 6 13 per liead. Reported by Hay O. Petersen, county extension agent. I M m 5 7 4 ifi V 4Kti H 1 ft I il 1 . E Lightning Sparks Klamath River Fires A team of firefighters was dis patched late Tuesday by the Klamath Forest Protective Asso ciation to battle a snag fire east of the Klamath River, near the California - Oregon state line, lightning pommelled western Klamath County for the second day in a row. The lire was me lourin 5.12 13.03 14 81 12 19 12 68 17.80 951 I86B! 15 .12 9.33 1533 1077 685 14 69 765 7 90 II 46 PORTLVM) UPI lUSIXV Livestock: Caltle 150; good clwice steers 1162 lb 23 25: few small lot good 977 lb 11; good heilers 760-885 lb 20.50-22; canner low cutler 1214; couple 500-600 lb canner 8-10. Calves 25; good-choice vealers 210 lb 28-30. Hogs 100; no sales by to a m Sliecp lUO; 750 old ci op held over; no early sales. THEY RECALLED One of the largest groups of early day settlers to gather in sev eral yean at a Klamath County Historical Society meeting were present May 8 when the early days of the cattle industry were reviewed. Members of this group have lived here most of their lifetimes or were born here. Standing, left to right, E. M. Bubb, Le land Pope, Earl Hamaker, Dr. A. A.oule, George Hagelstein, Ben Pickett, Lawrence Horton, Orb Campbell and Jim Kerns. Seated, left to right, Mrs. Minnie Grizzle, Mrs. Louise Humphrey, Scott Warren, who emceed tho program, and Scott McKendree. Photo by Devere Helfrich Flitcraft Raps Record (Continued from Page 1) tempt." he said, "to reach the governor's budget to Sttij million. and we are Irving to provide lunds to cover about $115 million for educational construction. Tliere will be a bond program for education presented to llie ieo pie." He also indicated that decisions on the capital construction pro gram of the State Hoard of Con Irol were pending, and had yet to he decided. On the Constitutional Revision plan, defeated in the Senate yes terday, Flitcralt said he lelt they might reconsider since there ap- )cnrcd to be a gre;it deal of pres Mire for some sort of revision However, he said thai there would have to be some sort of a com promise on the apportionment pro vision in the plan before it would he acceptable to the Senale. "There is a possibility," lie !.s.nd. "that anv compromise might come up close to the previously proposed compromise. However." he added, "it might just stay there in the Senate and die, too." Stocks LOCAL MMTRITIKS I'rlrM iitilll 11:10 a m Rank of America fal Pac Util Con Freight ,' 11 Cyprus Mines -"J,f......l.l. c . 1 16.37 lrtl,"",,"u 4 60 1621 8 96 16.67 4l 8 68 877 16 50 9N1 1054 12 13 8 21 1.VK) 20 13 7.37 13 56 732 5.87 1392 14 RR Potatoes PORTLAND 'ITU - market: Steady; Ore Russets U.S. No J 3 00-3 50. some best 4 15; surd 2 o spread 5 00-5.75: boners local 4 0M.50; bakers U.S. No 2 3 25 .1.50; 50 lb sks No 2 1.00-1.25. 1st Natl Hank JanUen Morrison Knudi-en Mult Kennels N W. Natural Gas Orecon Metallurgical PGE PPfcL U.S. Nat'l Bank West Coast Tel eerhaeuser IMVTtedavl Hid Askrdl 64't 67V 27 29 13 14 23 24 .14 ;'i 66 70 26 2K .It 3.1 4 4. 36 .16 1 1 26 28 27 28 74 78 24 26' . 32 34 Car Recovered From Tavern A c-.ir stoicn in Scaine May la was found Monday bv Klamath lis police in back of a tavern on South Sixth Street Police re wrt tlie 13 orange 1'onliac had lecn parktnl at the simt for two davs. A teletype was sent to the Kmc Counly Sheriff's Department ad vising them that the car w a s found. John Sn.ihh, 408 Matron. King slcy Field, retried the thett of two tiles while his car was arked in the city parking lot al Kmgsley Field Snahh said llie tlielt prolvibly occurred late Fr1d.1v night or ear ly Saturday morning Klamath County History Group Recalls Old Days Teams Begin Mt. Everest Peak Climb KATMANDU. Nepal lUPD Two teams of American mountain climbers struck out towards the ton of Ml. Everest, the world's highest peak, from the south and west sides today in hopes of meeting at the summit. An official spokesman for the expedition said there was "ligh hopes for everybody. But, lie said, there was no confirmation that anyone actually had reached the peak when last word was radioed to Katmandu from thei base camp today. Earlier, expedition spokesman Daniel Doody had radioed from the base camp on the slopes ol Everest that chances of a team reaching the summit by the previ ously uneplored west ridge route today were "very slim. But he said "we hope for good news" from a team attempting the better-known south col route. Outcome of the double attempt may not be known until Thursday due to weather and communica tions difficulties, he said. Dr. William Unsoeld. 36, Corval-i lis, Ore., and Dr. Thomas F. Hornbein. 32, San Diego, formed the west ridge assault team which has been delayed by storms and! the unfamiliarity of the route. Doodv said thev appeared to have 2.000 feet to go today to reach the lop of the 29.023-fnol peak, highest in the world. This appeared too much for one day's climb. "They know they have to give up in time to return to the base camp by Saturday." he said. Thel expedition plans to come down from the base camp that day. The south col team of Barry C. Bishop. 30. Washington, and Lu ther G. Jcrstad. 26. Eugene. Ore.. reached its final camp Tuesday. If they reached the summit and found no trace of the west ridge team, they planned to return alone the way they came. It had been hoped both teams could meet at the summit and come down the south col route together. ported to KFPA headquarters since Monday and broke out as the association was in the process; of opening some of ;ls eight fire cuard stations and 14 lookout low ers located in Klamath and Lake counties. As the result of the lightning storms which struck the southern extent of the Cascade Mountain Range Monday, the KFPA posted guards in lookout towers at Park er and Chase mountains and call- mus Butte until the storms sub side. The towers were not to be; manned until sometime later this month. It was the lookout at Chase Mountain who detected the snag fire east of the Klamath River. The most violent electrical storm came about 5:30 p.m. Mon day when lightning set aliro a snag on a ridge between Hama ker Mountain and K e n 0 and started two others on the south west side of Chase Mountain. Ahoul II p.m. that night, lire- (ighters were sent to the rid; on Hamaker, while others sought Ihe locations of the two fires near Chase Mountain, according to George Wardell, supervisor of the KFPA. Wardell said the team dis Hatched to Hamaker Mountain re turned the following morning and reported that lightning had set afire a huge snag which, at that time, was still smoldering. Soon after, a tractor and operator was sent to the ridge to rip apart Ihe snag and extinguish its smol dering pulp. Meanwhile, the other two fire fighting teams returned lo KFPA headquarters after tailing lo un cover the fires at Chase Mountain Wardell speculated that rain may have put out the burning snags or they may still be smoldering, to break into flames again after the torm passes and the forest dries out. As firefighters were seeking out "hot spots." a pilot in a rccon- Those days in the caltle in dustry in the Klamath Basin when doggies went lo market on foot instead of riding in style in a gasoline carriage, were re called for the audience at the May 8 meeting of the Kl.im.ith County Historical Society by tile men who rode the range. Relating those days were E. M. Bubb. Iceland Pope, Earl Ham aker. Dr. A. A. Soule. George Hagelstein. Ben Pickett, Lawrence I loll on and dim Kerns. Tlie mooting was held in the Ice- Fire Stations Start Operation Fire lookout stations in Fori Klamath and at Deer Rulle. wesl of Cbemult, were put into opera tion Monday when a large elec Irical storm moved over tl Wi- nema National Forest, according to Dan Abraham fir mnlrol of. Potato lrm. l 11,. u,n.m An-ordino In the latest wealher information. Thursday. In spite of Ihe lightning slotms. no fires have been reported in Uie Klamath. Chiloquin or Chemult 1 anger districts, Abraham said Obituaries Shell Rites Set May 21 Funeral services will be held in Saranac lkc. N.Y., for Mrs. Theresa Ann Sheil, .TO.who died sometime early Tuesday, May 21. at her home at Falcon Heights near Kingsley Field. There will lie no services in Klamath rails Results of an autopsy have not vet been determined. Tlie young woman, a native of Saranac. whei-e her family re sides, was Ihe wife of assistant staff judge advocate at tle Air Force Base. LJ. .lames M. Shell. She was Nun April 27, 1933, at Saranac l.akc. Mrs. Sheil. a graduate ol Co lumbia University where she re eived her master's degree be fore doing graduate work else- lure room of Ihe Klamath Coun ty Library. Several other interesting events have been planned for the sum mer, including a field trip to Fort Klamath, Sundav. June 2. led by Mr. and Mrs. Devere Helfrich. Those going will meet by 9 a.m. in front of the courthouse. Tlie caravan will proceed to the old stage station of Naylox. then to Barclay Springs, the old fo r d across Williamson River, Klam ath Agency for a tour. Treaty Cove, and to the location of old Fort Klamath where tlie location of Captain Jack's grave, the flag stall of tlie old fort, the barracks and the hospital will be pointed out. The public is invited lo go on llie tour. County Begins Work On Bridge Approaches Klamath Counly Road Depart ment employes today began con structing the approaches to the North Washburn Way Bridge, at Alameda Avenue and Washburn Way. which will be opened to traffic about the first week in June. Asst. County Engineer Win ston Kurth has disclosed. Meanwhile, tlie Eugene con struction firm which was awarded the bridge construction project on 11 bid of $29,504 was applying tlie finishing touches to the structure, such as the installation of alumi num guard rails and other work. In addition to laying the ap- proaencs ana suriacing tne Di iage. the County Road Department win also lay a gravel foundation and asphalt surface on Washburn Way Irom Darrow Street to the bridge approaches, a distance of some three blocks. Residents of the area may be inconvenienced for several weeks while the paving is in progress, Kurlh said. Road work w ill be conducted on halt ot the street at a time, per mitting traffic to flow along that; portion of the thoroughfare not be ing paved. The total cost to the county of the approach work and street pav. ing has been estimated at $10,000. Plan Defeated In California TULELAKE Both Siskiyou and Modoc Counly farmers volcd byl wide margins to defeat the con tinuance of federal government controls on wheat Tuesday. ASCS Office Manager Hans Karstensson, Tulclake. reported the Tulclake area voted 49 against and 14 in favor, a total of 61 votes cast. There were eight chal lenged votes. All of Modoc County tallied 220 igainst the referendum and 54 'fur the proposal. Returns fo the vote came from ASCA Ollicc Manager Wes Williams. Alturas. Comedy Set At Willard The Klamath Civic Theatre will present the Moss Hart comedy. "Light Up the Sky." Friday and Saturday in the Willard Holel Pine Grove Room at 8:30 p.m. Tickets may be obtained al the door, at the chamber of com merce office or from any mem ber of the theatre group. The play is directed by Civic Theatre member, Charles O'Keefe. Members of the cast include Nancy Jackson, Robert Matthews. Jackie Backlin. Pete Lungreen. Nancy Hagcrman. David Wall- work. Ronald Carter. Richard- Fields, Paul Ann Lungreen. Clarke Fairchild and Bill Ilagerman. About 20 more members of Ihe group assisled in the production. naissance aircraft was patroling KFPA lands and the Winema Na tional Forest in an effort to detect any other fires. Nearby in the Klamath District of the Winema National Forest, several lightning strikes were ob served but none of them resulted in fire, District Hanger Bud Twombly said. Other electrical storms were also reported in ranger districts adjacent to the Klamath but as yet there has been no indication of fire, he added. KFPA fire lookouts will con tinue their vigil until at least Thursday, when the lightning storms are expected to be di minishing. Music Study In Summer Scheduled The Klamath Falls City Schools announce their summer music program which will run from June 10 lo 14 and from July 1 lo 19. This is a four-week summer pro gram divided into two sessions. The program will include begin ning, intermediate ana nign school classes on all band and orchestra instruments. High school classes are for people who will go into high school this fall. Next year's sixth graders and up will be elig ible to attend the other classes. Registration for the summer session will be Friday, June 7, in room 201S. KUHS (new wing'. 9 a.m. to 4 p.m. Classes will be gin Monday. June 10. and will be scheduled between 8 a.m. and 1 p.m. A $10 registration fee will be charged to cover cost of instruc tion, music and other incidentals. The summer school offers a spe cial family plan charging $10 for the first child and $5 for each additional child. "It has been determined by past experience that much of the finest individual work done in music is done in these summer classes for they enable the teach er to give more individual atten tion to each student and the class es provide an excellent educa tional and recreational project for the summer," LaMar K. Jensen said. uhorc, twi boon cmploytnt by Ilw yrs ('lark GOP Women Ask Reservations Hcsorvations for tlie Hepuhlican Women's luncheon at Molatore s nostaurant, Thin-Mby noon. May 2.1, may be made by callmc Mis. Georce Ckttk. TU 4-.TM1. reser vations arp made in advance to aid the restaurant slalf in plan nine for tlie luncheon hut anyone -ictimrt (f .ilfonH W'H hp Mt'trome without a reservation. Speaker will he (iooiye "Hun" Stadelman. The Hallos, candi date's assUtance chairman for the Kcpuhlican Central Committee of Orecon. He will be introduced by city elementary schools since Ie eember She taught tlie fin.t grade at Uicile O'Neill School dur ing n3 and during this year was m tle special education depart ment at Roosevelt and Mills sclwols. Survivors in addition to llw wid ower are her mother. Mrs. Alice Newman, a brotlter, Wayne New man, and a sister. Ijnda New man, all of Saranac Uike. Ward's Klamath Funeral Home is in charge of arrangements. Of tt(NO Jfthrt CVtfhftO- l 8'M h'9 Mv V WViviV, rVottim Qrl"rl. O' tti it Ml ("(KUlanio, Mftly. ttff. 1 m Panlpr. io t.arov Cunt Fun.,i titr.lVT H' VV4 SHUL Ann SM.i, flaarj ht Mtv ?' 1J W-vO. Mj.MrHt 1.1 lm M . fit Fnetrf, A tf Nlm.n b' e', Wa Nttmn. ithjr, inyia N', an ( W"e NV u it'VHM W' th fiK t'tvn ' Knit Fi-"'l Mwn. Srnc V . t l'f fim W'0 I Mmfft Funtrftl Homt m trgt 101 M tO Jf. Vih-. 13 d-d 't May 1 1 Vr i vr S". C ' I A P t mm. Of , Mttyft O . t v tfeHfj. tr, Mr C'Ci Mtt P Hi Am , mntt n r-"vHM t)V W-'d 1 Ktcmflftt Funtr! Hem. HKKLIN UT1 - A lMear-old ! apprentice, clad only in short.! told police today a pair of teen agers rohbed him of his "elecant hlue jeans" at a suhway station r7.VTII.MJW J The luncheon and program will be onp hour long for Ihe benefit of employed persons. Rtst'C It noot to niaith for toun of tut Iftr M Mv Mn itfft to po lity tf" M ss ie t iPttf i'OPthiti, ttm. nfj M( FCofr. ft you tft mtorottmi n Tft trtmnl irtt rM ' rtod o R"y 'torn ! tO'rwtnl 91 trt I -HlV. .t V 014 tvt tcwr Cvciewtciof. Speari Chiropractic Hospital Crt. M Obiter 3-1581 Oeer 20. Co'caao Kip r:"'- just perfect GRADUATON! . i ... a . m .tiir.i..n 833 Klamath TU 4-4878 MEMORIAL DECORATIONS Don't took any further! See Newberryi for really big selections of beautiful, life like, long-lasting memorial decorations, and all priced so low. Come early I m ft CROSS DESIGNS Many tinted in beautiful colors. Decorotiom include flower), bows, foliage. Styro baia or metal stond. 12" size 1.49 15" size 2.99 WREATH DESIGNS Wreaths of metallic oak leaves, paitel ruscus, sasheen bows. Atl richly trimmed with flow, crs, bows. 12" size 1.49 14" size- 2.49 16" size 3.27 18" size 4.27 22" size S.49 HEART DESIGNS Hearts on bases, tiehly dec orated with flowers, O QQ bows. 12" site i.7 7 DECORATED BIBLES Words "Holy Bfble" inscribed in aold. Floral ruscus sprays. Metal stand Bibles, 1 Oft 10'U" 1.77 STEEL VASES leak proof vases in flat bottom tvoe with detachable stem, alia populor cone shapes. Flat bottom Large size .. Cone shopes ... 19c ... 29c ... 2Se PLASTIC FLOWERS AND FOLIAGE 5c to 59c So real you'll ha.e to imcll them to be lure. Over 35 Varieties.