PAGE 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.