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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (May 23, 1963)
Thursday. May M, 1963 . HERALD AND NEWS, MARKETS and FINANCE Stocks NEW YORK STOCKS Allied Chemical 49', Alum Co Am ' im, American Air Lines 23J American Can American Motors 18'a AT&T mi. American Tobacco 30?a Anaconda Copper 5it Armco 56', American Standard 15?. Santa Fe Pfd 29 '4 Bendix Corp 52-1a Bethlehem Steel 31'i Boeing Air , 37'i Brunswick 155' Caterpillar Corp . 42fa Chrysler Corp - 4 5Mi Coca Cola - . "': 91M1 C.B.S. 54 Columbia Gas " 29:' Continental an 45' i Crown Zellerbach '52 Crucible Steel 1 21 Curtis Wright ' 22' Dow Chemical 68. Du Pont 253 Eastman Kodak 113'a Firestone 35'a Ford, 48' General Electric 82' General Foods 80 1 General Motors 70'.i General Portland Cement Georgia Pacific Greyhound 41'z Gulf Oil 45 Homestake Idaho Power 38U I.B.M. 4M'i Int Paper 31' Johns Manville 4811 Kcnnecott Copper 76'i Lockheed Aircraft 53 'a Martin 19'a Merck . 89' u Montana Power , 38' Montgomery Ward 361 Nafl Biscuit 47'i New York Central 20:; Northern Natural Gas Northern Pacific 47 Pac Gas Elec 33 Penney J.C. 44' Pcnn ItR l"'a Perma Cement 153 Phillips 54V Proctor Gamble 77' Radio Corporation t7'a Richfield Oil 44 Safeway 55'i Sears Wii Shell Oil 42 Socony Mobil Oil 67 Southern Co. 55 Southern Pacific 35? Sperry Rand 63'a Standard California 64'.ji Standard Indiana 37i Standard N. J. . .. 86 Stokely Van Camp ' Sun Mines , H'2 Texas Co. 65S Texas Gulf Sulfur 153a Texas Pacific Land Trust Thiokol 241. Trans America 53' j Trans World Air " 18'. Tri-Contincntal 47'i Union Carbile 110'i Union Pacific 41 '3 United Aircraft United Air Lines 42'a U.S. Plywood 57si U.S. Rubber ' 48 United Utilities 38 West Bank Corp 38 Wcstinghouse ' 36' 4 YoungKtown MUTUAL FUNDS Prim until 10 a.m. PUT today Affiliated Fund 821 8.88 Atomic Fund 4 88 5 33 Blue Ridge 11.92 13.03 Bullock 13 56 14 86 Chemical Fund 11.27 12 26 Colonial Fund 11 6.1 12.71 Comw. Inv. 9w 10 92 Diver Growth 8.71 9.55 Dreyfus 17.26 18.76 E & H Stock 14 00 15. 13 Fidelity Capital 8 59 9.34 Fidelity Trend 14 (19 15.32 Fundamental 9 85 10 79 F.I.F. 4 41 4 8.1 Founders Fund 6 30 6 85 Group Sec Com 13 47 14 75 Or Sec Avia El 6:i7 7 64 Hamilton H D A. 5 02 Hamilton C-7 1 lncorp Inv. " 24 7 91 ICA 10 52 ll.JOi Investor's Group I Intercontinental 6.-10 B 81 ' Mutual 11.49 13.42 Stock 18.79 20..1.'l Selective 10 4S 1120 Variable 6 79 7.34 Keystone B-I 25.24 26.34 Keystone S-3 15.04 16 41 Kevstone S-4 . 4 .10 4.70 MIT. 1483 1621 M.I.T. Growth 8.21 8.9?j Nat'l Inv. 15 44 16.691 Nat l Sec Div 4 25 4 64 Nai l Sec Gi-O'.Mh 7.91 7j Nat l Sec Stock 8 01 8 79 Putnam Fund 15.10 I6 50j Putnam Growth 8.78 9 60j Selected Amer 9 77 10 56 Shareholders 11.14 12.17 TV Fund 751 8 19 United Accum 14 56 15 91 United Canada 18 54 20 15 United Continental 9 7S5 United Income 12 41 11 58 United Science 6 70 7 32 Value Lines 5 :a 5 88 1 Wellington 14 60 15 91 ! Whitehall 13.76 14 88 Potatoes PORTLAND 'UPI' - Potato market: Ktjwfv Or RtlftU U.S. NO 2 " . . . . Halt, a'l 0 ft-n of: ' 3 00 om best 4 25; 'sued 2 oz . - h Man. iav . ot . '' spread 50O-S75: bakers l"ca! Ifi,.' VPV'a'-S- 4 50 bakers I S No 2 3 23-1 30.i- ' a--a'o.a . -i o -50 lb sks No 2 1 oo-l 2 PACE jA, Klamath Fallj, Ore. WALL STREET CHATTER NEW YORK lUPH - Kenneth Ward of Hayden. Stone & Co. bt lieves the current phase of read justment may prove to be the last chance to switch attention and buy many attractive medium and low priced stocks at favora ble levels before Ihe next upward thrust. Ward bases his belief on the fact thai many good values have been held down to exceedingly low levels and that a large seg ment of the public remains skep tical as evidenced by the size ofi the short position and the favoi able daily ratio of odd-lot pur-i cnases to sales. Except for technical pitfalls Thomson & McKinnon feels that sound common stocks can be ex- petted to follow the line of least resistance which continues toj point -upward in the market. United Business Service points out that food store shares, which were generally, unpopular last year, have been above average! market performers this year. The! fu;m says investors are seeing the! gioup tnis year as a recession resistant growth industry." The firm attributes last year's unpop ularity to "too many stores, too intense competition and too much of a rise in operating expenses. WALL STREET NEW YORK (UPIl - Stocks inched higher today. Sugar stocks and some elec tronics showed the best gains. Amalgamated Sugar, Great West ern and Holly rose large fractions to a point but American Crystal weakened on profit taking. Among the electronics, IBM and Minne- apolis-Honeyweel rose about 1 and 2, respectively. Motors showed little change. Steels and chemicals were narrow ly mixed. Houston Lighting rose nearly 2 in the utilities and War ner Brothers added roughly 1 in the entertainment section. Metals were active and mixed American Zinc and Kennccott weakened but Ncwmont mining and U.S. Smelting rose 1 or bel ter. Four dissident directors have been named to the U.S. Smelting Board of Directors but it still re mains for the courts to decide if the dissident group has won con trol of the company. : Grains CHICAGO (UPIl-Grain range: High Low Close Wheat Jul , 1.86 l.B4'4 l.W'i-'a Sep -187'i 1.85'i 187a Dec 1.913a 1.89'. 1.91U-H Oats Jul 06', .6S'a . .86 Sep .60'i .66'a Mn Dec .69't .Wi .68'. Rye Jul 1.26'a 1.25'a 1.26U Sep 1.27 1.26 1.27 Dec 129't 1.28'i 129 Mar i.301 1 29'i. 1.30'iB Stocks LOCAL SECURITIES Prices until 11:30 a.m. PUT today Bid Bank of America 64' Cal Pac Util 27'. Con Freight 13. Cyprus Mines 23 Equitable S 4 I. 33't 1st Natl Bank 6K'i Jantzen 26-4 Morrison Knudscn 30 ;4 Mult Kennels 4't X W. Natural Gas 36:a Oregon Metallurgical U4 PGE 26U PP&L 27', U.S. Nat l Bank 76 West Coast Tel 24'i Weverhacusor 32' Asked j Firemen Oppose Job Elimination I KOSEBUHG 1 UPli The Ore gon Firemen's Instructors Asso ciation Sunday passed a resolu tion opposing recent elimination of the position of fire instructor coordinator by Ihe State Board ol llichcr Education. The j"b is scheduled to expire July I. It is held by Robert Mob Icy of Salem. I The astnrifltion. windinc uo a Iwn-day quarterly meeting here. otcd to attempt lo get a legis lative hearine at Salem on the matter. A committee was formed to attempt to get the hearing Funerals lOlBEDO fuwal it-veil '0' J- WM'C ... c lot, c.mi 6i u vsHINGTON 'UPI' Presi- Wi-a 1 K-t-i.m Fun.il Bmi 1x1 law- " "III.'"'"'' 1 ' ay. vay 15 mi. a' o m a m co-jdent Kennedy's two-year old son ..n, ..r Kl.ma.1, a haircul , OIITV.NO i ThC Wlllle H0US' WcdneS" E -' m'm t,ii-.a m. n',dav the hov's long hair had been K 1. mats i Wi'a. Pe. aaiti vav 1-1. a-if ' d t" 1 en a'ii a-" a'ic ta a'.M . k -.n-.'s c'J. I na-al Mama a v va'voa. is. mi CaocMJ-n ta'vicat in Kia-n- II 1 In - a'S "OrH Pa'ft HALL Aiva v it Mn. iv j'yi hf Mar n. 13 iu'v-rt'l' PuM'. ' Vfl"- ofo Mi -NO- '4-1 l4irii 1 ill 1 hi:) 'jiSFiW 7 I v m mmmiffm mil immiiir'oo , w "" liiffii mui. r- -' - 1 ART DISPLAYED The products of the art class at Henley High School will be dis played Thursday night at the high school gym along with the shop class results and the annual Home Economics Fashion Show. Shown here with a few of the art displays are, left to right, Carol Holihouser and Bey longhofer. ' Lightning Sparks Five Fires In Klamath River District All was quiet in the forests ad ministered by the Klamath For est Protective Association today after a series of lightning storms, which started Monday end began diminishing yesterday.' caused five ires in areas extending from Calimus Butte to east of the Klamath River. The storm front concentrated in Silver Backed Dollar Bills Near End Of Road WASHINGTON (UPIl - The Senate was expected today to pass legislation ending the silver back ing of $1 and $2 bills. The legislation, which has been approved by the House and is supported by silver-mining states. would replace silver certificates with federal reserve notes backed by 25 per cent gold. Under the bill, the government would end its purchases of silver. H would use 1.6 billion ounces of bullion now in Treasury vaults for production of coins. This sup ply is expected to last up to 18 years. The bill repeals the 30-year-old Sliver Purchase Act now consid ered obsolete as far as controlling the price of silver. Sponsors said the legislation Vandals Hit Hogback Post Vandalism of the Hogback Mountain lookout station some time last weekend has been esti mated at more than $120 in dam age, the Klamath Forest Protec tive Association reported Thurs day. It was the third time since la,-l winter that quarters of the KFPA have been the subject of vandal- 67' ism. according to George Wardell. 29' j supervisor of the association. 14a Wardell said that miscreants 25-Sj stood outside the tower and dis 35' 2 1 charged their rifles up through the 70'4! floor of the station. 28n4 1 They also tore a handrailing and 3234 a number of steps from the build- 4:;ing. burned down the restroom 38-4 j nearby, and broke into the tow- 15 cr. where they picked up various 28H items and threw them onto the 28 '4 ground below . 79'i A crew has besn assigned to rc 26'4 pair damage to the lookout. War 34'4 dell said. Shortage Ups Sugar Price PORTLAND 1UPI' The price n( sugar shot upwaid here today because of a worldwide short ace. The situation was reported rim iiar elsewhere in the country. One spokesman hera said the. irlail nriie of a 10-nound sack Ol sugar could reach $1.69 by night-1 Call. The price jumped $2 a hun dredweight this morning to a base price of $15.25. "We don't know where it will end." a spokesman said, but add ed it was hoped a top level had been reached. Gr.TS Nr.W II Mill I I shaw. and he now had a part on ihe left side. For some side For some time. Ijohn Jr. had worn his hrown hair , ... , , a ions r.nKicn atyir DOWNTOWN OFFICE SPACE Inquire At GUN STORE 714 Mein the Green Springs area Monday and later expanded into the Wi nona National forest and north ern Klamath County. The enlargement of the elec trical storms notwithstanding, the Winema Forest fared considerably better than the KFPA in that no forest fires were delected within the Klamath, Chiloquin or Che- was necessary due to rising costs and underproduction of silver. The! price on the open market is now- close to the point where it would be profitable for citizens to cash $1 and $2 bills for the silver back of them. Other congressional nows: Women: The House was expect ed to pass a bill to guarantee women equal pay for equal work despite the opposition of most business groups. The measure would require employers covered by the federal minimum wage law to pay the same wages, with out regard to sex, (or "equal work on jobs, the performance of which requires equal skill, effort and responsibility and which arc performed under similar working conditions. Parcel Ppst: A Chamber of Commerce spokesman today urged that the Interstate Commerce Commission instead of the Post Oflire lix parcel post rates. Sam H. Flint, in a prepared testimony before the House Post Office Committee, said the ICC could better examine the Post Office's contention that a hike in parcel post rales would still not put the service in the black. He said under Post Office procedures, no one can offer contrary evidence lo the propositions as they could during an ICC hearing. Education: ' President Kennedy has given up on his request for a $5.3 billion "one-tent" educa tion bill, Rep. Adam C. Powell. D-N.Y., said Wednesday. Powell, chairman of the House Education and Labor Committee, said the decision means that the Presi dent's big education package can be split into four or more bills lo improve their chances of passage. Unemployment: Waller P. Reu ther told Congress the United States is the "most callous, in different nation in the world" about unemployment. Reuther. United Automobile Workers union president and No. 2 man in the AFL-CIO. sicnt 2'i hours telling a Senate labor subcommittee what the U.S. government is not doing to curb chronic uoemplovment He oflered a wide range of solu tions ranging from a shorter work week to a manpower agency thai would work with Industry and la bor under a system of planned work such as is done in Sweden. Croft Slated gy Malm Hiqh I 3 MALIN Robert Croft of South-! western Community Collece will be the guest speaker for the commencement exercises of tlie 1963 graduating class of Malm Hich School. The May 31 event will be held in the school gym beginning at 8 p.m. Baccalaureate service arc scheduled May 26 at 7 p.m. in Ihe Presbyterian Church in Tule lake. Graduating seniors are Cath) Kenyon. Lois Owens. Diana 0 Ri ley. Gucn Kirkpatnck. Barbaia Pitts. Elaine White. Mary McAul ifte. Bob Holt. Jerry Mom, Dan Roliins. Carol Micka. and Linda Reber. salutatorian, and Adelia Oatka, valedictorian. Ptople Read SPOT ADS you art now. mult ranger districts during the three days of storms, the nation al forest reported early Thursday. Meanwhile in the KFPA, a fire fighting crew was dispatched to a region near Pinehurst to check on the remnants of the last of five spot fires which broke out in the county since Monday. The blaze had been extin guished bv fire fighters Wednes day night after lightning ignited a snag in dense, high brush, about a half mile south of the highway between Hayden Moun tain and Pinehurst. A crew combatting the blaze used a tractor to haul a pump er truck through thick brush in order to get water on the fire. It only burned approximately one-third of an acre but would have kept right on going if we hadn't gotten there in time;" George Wardell said. Of the olhcr four fires detected this week, one was discovered on Hamaker Mountain, another was noted cast of the Klamath Itiv er, and two more were observed near Chase (Mountain. Crews dispatched to Chase Mountain returned to KFPA headquarters alter (ailing to lo cate- tbo two' fires, which have either been extinguished by rain or are slill smoldering, Wardell said. An aircraft has been scnl 011 a reconnaissance flight to the area where the fires were seen and the guard at the Chase Moun tain lookout has been instructed to keep tlie vicinity under sur veillance. Board Deeds Road To City The city elementary school board in special session Wednes day altcrnoon instructed its at torney to draw up a reversion ary deed, for road purposes only, giving the city that part of Main Street adjacent to kchool district property at die Ponderosa School. The action came after a re quest from a representative 01 Ponderosa Inc. asking that tnci hool district deed its owner ship of the part of Main Street near Ponderosa Scnool so ine group's proposed nursing home will be located on a publicly maintained street. Construction of the 81 bed $400,000 nursing home will prob ably start ncl week, architect Bob Ford said. Ponderosa Inc. is comprised of Mr. and Mrs. Virgil Cumbn and Mr. and Mrs. Richard Dilhng both from Wenatchee. Wash Both have been associated with the nursing home business for several years in Wenatchee and Port Angeles. II is estimated that the nursing home will be stalled by about 40 persons. GOOD IlKKII MOUNT VERNON. III. i;Pl David Ripplinger, 15. gave chose lo a stray call running through his neighborhood. He jumped off his bicycle andi bulldogged the errant dogie with a flying tackle. W. M. Garner, owner of I h e' calf, ollcred a reward "No. sir." David said "JiM call that my good deed for the lav. I'm a Boy Se oul " Farmers! Loggers! Bulk Gasoline Competitive Prices and S&H Green Stompi TANKS AVAILABLE Cliff Yaden's SERVICE 2560 So. 6th TU 4-1681 OPEN 24 HOURS Irrigation Canal Yields Man's Body A Klamath Falls man reported missing since Sunday was found dead floating in the "C" Canal near Midland Road, Tuesday af ternoon, about six miles from where lie was believed to have fallen into the irrigation canal, the sheriff's office has reported. Dead is Einar Jlyrus Gestvang, 68, of 4685 Denver Avenue, whose body was found by Charles W. Woodward, ditch rider from the Klamath Irrigation District,, in the portion of the canal that flows through the Paul Fairclo proper ty, lile. 2. Box 683, Reeder Road. Woodward related the discov ery to .Mrs. Fairclo and she in turn reported it to Sheriff Mur ray "Red" Britton, who was in the process of dragging the canal. near the O&C Railroad Ircstle at Summers Lane, for Gestvang's body. I . .; Gestvang was last seen alive near the trestle Saturday night when be sent his son home after indicating lie would sleep near the railroad tracks. The victim, believed to have been drinking that evening, was missing when his son. Frank, at tempted to locate him near the tracks the following morning. Soon after, Gestvang was re ported as missing to the sheriff's office and deputy Lou Bogart was dispatched to the trestle to in vestigate. Deputy Bogart searched the area and found Gestvang's hat and coat on the trestle near the canal, but 'no other trace of the victim was found until his body was discovered two days later in the canal. The sheriff's office speculated that Gestvang had fallen asleep on the trestle and had awakened later during the night, when he wandered into the canal. County 'Medical Examiner Dr. J. Martin Adams said that no autopsy would be performed on the body. Graduation Change Made Changes will have to be made in the baccalaureate and com mencement schedules at two of the county high schools, it was announced Thursday. Malin High School baccalaur eate will be held May 26, at ' p.m. in the high school gym in stead of at the Presbyterian Church as was previously nounced in this week's Herald and News graduation story. The Chiloquin High baccalau reate will be held at the Metho dist Church June 2 at 7:30 p.m. instead of 8 p.m. as previously announced. State Senator Harry D. Boivin ill not be able to speak at tlie June 3 commencement ceremony. Prank Jenkins, consulting edi tor al tlie Herald and News, will speak instead. Greg Harris was just named class salutatorian in place ol Judy Trulove who had to leave school before tlie end of the year Crosby Tapped On Drunk Count BEVERLY HILLS. Calif. (UPI' Dennis Crosby. 28. son of Croon- Bing Crosby, was convicted ofi drunk driving last month and paid a $276 line, court records showed tod.iy. Although originally scheduled fur trial Wednesday the case came' into court without public notice April 25. Judge Charles J. Grif lin decided the case on the basi. of an arrest rcjmrl. Crosby was arrested last Dec 27 after his sxnls car was seen weaving through tralfic in West Hollvw'ood. rtfE weflur CO" THE FROGGIE VOICED COMI DURHETTE SMILEY Tuesday & Wednesday MAY 28th and 29th 6 BIG FREE SHOWS On our lot (weather permitting) across street from our show room. Open both nights till 8 PM OLSON CHRYSLER PLYMOUTH 522 So. 6th Ph. 4-5126 PROUD OF HANDIWORK Tables, lamps and other handicrafts are to be displayed tonight in the Henley High School gym as part of the annual Home Economics Fash ion Show and Art and Shop class exhibits combined. Standing here amid some of their handiwork are, left to right, Sam Cox, Harvey Kammerer, David Snyder, Rich ard Baker and John McPharson. Regulation Of Subdivision Proposed In House Measure SALEM (UPIi-Land subdivis ion would be regulated in an ef fort to keep the public from being "bilked and taken" under a bill that passed tlie House Wednesday and went lo the Senate. Supporters said a few land pro moters have been "giving Oregon bad name through fraudulent land advertising and sales. The bill, worked over several times, would require land devel opers to file their plans with the real estate commissioner, who would make reports available to buyers. It would set out regulations both for land advertising and for ac tual sates, and would require a performance bond from the de-j velopcr to ensure completion of promised improvements. The House also: Passed and sent to the Senate bill to broaden Oregon's pro gram of medical assistance to the aged, a program partly supported by federal Kerr-Mills grants. Ihe bill would ease eligibility require ments. The program involves $3.8 million in state general fund mon ey lor 1963-65. Approved creation 01 a dis trict court at Grants Pass. The bill went to the Senate. Passed and sent to the Senate a bill authorizing the wel.'ar commission to expand food stamp and surplus food programs. Passed budgets for the Do partment of Motor Vehicles, the State Labor - Management Rela A. Stastny Death Told MALIN Word has been re ceived of the death of Albert Stastny, 80, former Malin resi dent, in Portland on May 19 fol lowing a long illness. A native of Nebraska, Stastny came to Scio. Ore., as a youth and later farmed in Washington before moving to Malin where he engaged in ranching operations for many years. In 1937 he mar ried Helen Eschebcck. and they made their home here until 1953 when tlicy sold their ranch hold ings and moved to Portland Mrs Stastny died in 1961. Survivors include two sisters. Mrs Jack Pclrjanos, Portland. and Mrs. Mary Chehak. Scio: two brothers. M. M. Stastny. Ma lm, and John Stastny. Wood- burn; stepdaughter. Elsie Web-! stcr. Fresno: stepson. Walter Esclicbcck. Vancouver. II C , and several neices and nephews. Interment was in tlie Baldwin Entombment in the Portland Me morial Mausoleum on May 21 ..isfly - " 1 ! V Is mm STY tions Board, the State Scholar ship Commission, tlie secretary of state, tlie corporation department, Hillcrcst School, MacLaren school, the Correctional Institu tion, and the penitentiary. Passed a bill raising salary ranges of most non-civil service state employes such as admin Natural Resource Plan Gets Setback In House SALEM (UPI) Creation of a department of natural resources got a setback in the House today that probably Is final for this ses sion. The House voted 36-24 to send Cafe Entry Investigated The Klamath Falls Police De-I partment .investigated an at tempted break-in the Char House 124 Soulh Seventh Street, early Thursday morning and a two - car accident at the Intersection r r. .. .... ....i. . . of South Sixth Street and Shasta Way at about 6 p.m. Wcdnes day. Tltc bartender at the restaurant told investigating patrolmen hej chased two men away from the rear door about 1 a.m. this morn ing. When he checked the door again a little while later he found the lock and hasp broken off. He told police the two men appar ently came back, but failed to gain entry into the building. The bartender described tile two sus pects to police, but the men haven't been located. John L. Vandchey, 19. Box 2:144. OTI, was cited for following too close after the car he was driv ing collided with a second vehicle driven hy Claudia Rcagon, 28. 1B58 Ivory Street. No one was injured in the rash, but Vandehey's vehicle rc- eived major damage while the Henuon car was only damaged lichlly. The accident occurred when the Rcagon vehicle was stopped on South Sixth about to turn left onto Shasta. Vandchey said he potted the car too laic to avoid the collision. PUBLIC SALE ENTIRE- CONTENTS OF ONE OF MED FORD'S FINEST HOMES TO BE SOLD. FRIDAY, MAY 24th THROUGH SUNDAY, MAY 26th 9:00 A.M. to 6:00 P.M. DAILY FURNITURE DISHES SILVER GLASSWARE ORIENTAL RUGS MANY ANTIQUES OBJETS D'ART 217 So. Modoc Medford, Ore. ZI7T7T-Tt istrators and commissioners. It also raises pay for state police. 'It went to the Senate. Passed a truth-in-lending bill aimed at making It easier for consumers to understand credit changes. It went back to the Sen ate in an effort to resolve House changes. the bill back to the Committee on Natural Resources. The measure would have grouped tlie state's multitude of natural resource agencies into one department with six divisions: Forestry, agriculture, mineral resources, fish and game, water resources, and small boats and harbors. The governor would have ap pointed the department head, w ho in turn would have named divis ion heads. Tl,a a.inn.in, nnrl InlArnato In. - 1 . . ,rt,h..(, dramlou,w aMin,. the bill. Reps. Stafford Honscll, R ller mislon, and John Mosser, R-Bca- . J ' vert said the question was whether Oregon s resources should be managed under a co ordinated program for all tlie peo ple, or whether each vested in terest should retain ils "little' em pire." "We are one of Ihe great nat ural resource elates of the na tion." said Rep. Richard Eymann, D-Marcola. "It is amazing we have gone so long without trying to coordinate our natural re source. SEAT BELT STANDARDS. WASHINGTON (UPIl - The House Commerce Committee lias approved a bill setting up stand ards for automobile seat belts sold in interstate commerce.- The bill, approved Wednesday, would requiro manufacturers to meet federal stress and tensile strength standards of tlie safety belts. lbs