PAGE 4 A ' Wednesday, June S, 1963
HERALD AND NEWS, Klamath FaJll, Ore.
MARKETS and FINANCE
Stocks
NEW YORK STOCKS
By United Press International
Allied Chemical 49tt
Alum Co Am 66M1
: American Air Lines 24H
' American Can 46
; American Motors 20
AT&T 122?a
Jvtmorican Tobacco 30tt
'. itnaconda Copper 52 'A
!rmco WH
" American Standard
Santa Fe Pfd 29K
Bendix Corp 52
Bethlehem Steel 31
;:;Boeing Air 37V.
: -Brunswick 151
Caterpillar Corp 46'A
i"hrysler Corp 684
'.-i.B.S. 57
.';:Columbia Gas 30
r-Xontincnlal Can 48
Xrown ZcJlerbach XD 54
- Crucible Steel 2
Curtiss Wrieht 21H
Dow Chemical 63
Du Pont 247
Eastman Kodak H3"
' ' Firestone 35
:;.J-ord 52!i
L-iGeneral Electric 82
3Gencral Foods UK
General Motors 72
J::Heneral Portland Cement
.'Georgia Pacific
. Greyhound 42V4
Gulf Oil 44
: Homestake 47'A
; I.B.M. 470
'. ;Int Paper
;Johns Manvillc 50
Kennecott Copper 75V4
Lockheed Aircraft 54V
t -Martin
Merck XD
; -Montana Power 3814
;Montgomery Ward 3714
Nat'l Biscuit 47
.Proctor Gamble 7614
Radio Corporation 71 'i
Richfield Oil 43'4
. Safeway 58
Scars 89
: -Shell Oil 42
Socony Mobil Oil 6614
.Southern Pacific 3514
Sperry Rand 14
' Standard California 641
Standard Indiana 5914
Standard N. J. 67Vi
Stokoly Van Camp
Sun Mines 1114
. Texas Co. 67V4
; Texas Gulf Sulfur 15
; Texas Pacific Land Trust
; Thiokol 2514
; Trans America 51
; Trans World Air 18
Tri-ConUnental 47
Union Carbide 11014
Union Pacific XD 41'
United Aircraft
United Air Lines 41
U.S. Plywood S9
U.S. Rubber 46
United Utilities 37
West Bank Corp
Westinghouse 38
Youngstown ....
WALL STREET
CHATTER
NEW YORK (UPD-Colby &
Co. notes that nearly all reliable
technical indicators arc following
a bullish trend.
The firm feels that the two most
important stock groups, from a
technical standpoint, the indus
trials and tie rails, have been
confirming the action of each oth-j
er consistently, and it considers
this a good indication that market
performance will be excellent.
Lawrence Bleibcrg of Bache &
Co. believes selectivity is the key
note to profitable investing at this
state of the market.
Thomson & MeXinnon says in
vestor confidence is being sup
ported by "increasing proof that
supply can be readily absorbed
despite skepticism over the mar
ket being near its all-time high
only a year after the collapse
New Law Revoke's Klamath County's
Exclusion From Reorganization
WALL STREET
NEW YORK (UPI) Stocks
drove to within striking distance
of the record high set in Decern
ber, 1961, then turned mixed on
profit taking which hit in the final
hour.
Du Pont tumbled more than 2
In a narrow chemical section but
Chrysler scored a modest gain in
the motors. Steels were narrow.
Standard of Jersey scored a
point-sized gain in an otherwise
narrow international oil group.
Electronics were volatile, rising
sharply early in the session and
retreating on profit taking toward
the close.
MUTUAL FUNDS
Prices until 10 a.m. PDT today
Bid Asked
LIVESTOCK
KLAMATH FALLS LIVESTOCK
AUCTION MARKET
June 4, 1963
Receipts: All cattle 255. Calves
70. Hogs 35. Sheep 0.
Compared last Tuesday slaugh
ter coww weaker to .50 lower;
other cattle classes & hogs steady.
Slaughter cattle: Steers: Stand
ard, 750-800 lbs., 20.10-20.50.
Cows: Utility, 14.00-15.40; Can-
ncrs-Cutters, 9.10-13.80.
Bulls: Utility 4 Cmcl., 18.50-
19.20; Calves: Vealcr 23.10. -
Stockers & Feeders: Steers:
Good-Choice 49010 lbs., 26.20-26..
50; Good 700-850 lbs., 20.00-20.50.
Heifers: Good-Choice 566-707 lbs
21.10-22.80.
Steer Calves: Too few to estab
lish market. Hciier Calves: Med,
Good 380-4(6 lbs., 23.10-24.60.
Cows: 30 Medium-Good pairs,
199-230.
Baby Calves: Bee f-dairy
(Tosses, 27.50-41.00 per head
Hoes: U.S. 1 & 2 Barrows &
Gilts. 220 lbs., 17.10; Sows, light.
0.00-16.00; Wcancr Pigs, 6.50-11
per head.
Reported by Ray O. Petersen,
county extension agent.
Affiliated Fund
Atomic Fund
Blue Ridge
Bullock
Chemical Fund
Colonial Fund
Comw. Inv.
, Diver Growth
Dreyfus
K & 11 Stork
Fidelity Capital
Fidelity Trend
Fundamental
F.I.F.
Founders Fund
Group Sec Com
Gr Sec Avia El
Hamilton II D A.
Hamilton C-7
Incorp Inv.
: ICA
' Investors' Group
: Intercontinental
Mutual
Stock
Selective
Variable
Keystone S-I
Keystone S-3
Kevstone S-4
M.i.T.
Nat l Inv.
I Nrtt'l Sec Div
: N'.it'l Sec Growth
. Nat'l Sec Stock
Putnam Fund
Putnam Growth
Selected Amer
Shareholders
TV Fund
United Accum
United Canada
United Continental
United Income
United Science
Value Lines
Wellington
Whitehall
8.26
4.90
12.10
13.67
11.33
11.65
881
17 63
14.08
8.79
14 41
9.89
442
6.31
13 SO
7.19
5 17
728
10.60
684
11.57
1889
10.38
6.91
24.71
15.29
4.34
15 63
4 36
7.99
8.06
IS 12
887
987
11.17
767
146.1
18 64
696
13.49
684
1456
1.1.77
What is Senate Bill 287, relat
ing to school districts, and what
does it mean to Klamath Coun-
ty during this period of grave
school problems and heated de
bates over reorganization proposals?
Probably the most important as
pect of the recently passed bill
(May 13) is the fact that the new
legislation repeals the 1961 provi
sion that excluded Klamath Coun
ty from the state reorganization
law.
Now Klamath County for the
first time can reorganize its
school districts any way it wishes.
subject to approval by the coun
ty board and the state board of
education.
When asked to comment on the
new law, school superintendents
Ray Hunsaker, city, and Cliff
Robinson, county, both agreed the
law was a good vehicle for reor
ganization and simplified the pro
cess.
"The new law is a good instru
ment for reorganization and it
makes it possible for the school
district boundaries to be drawn
anywhere they're needed." Hun
saker said. George
Under the new law there islAshland.
More specifically, Robinson
said, "we now have the legal ma
chinery to re-examine the posst
bility of a two-district setup."
The three school boards in their
joint meetings over the past few
months came closest to agree
ment over a two-district plan, but
were stymied when they couldn't
agree on a system of equalization
Boh 50-50 and 60-40 equalization
were proposed and it seemed at
one point that the boards were
close to agreement on 60-40 equal-.
ization, but when it came to a
vole it was defeated.
Under tlie new law if Klamath
County were to reorganize into
two separate school districts 1-12
the rural school law would auto
matically be effective and equali
zation would be built in, Hunsak
er feels.
The operating budgets of the
G.W. Huffman
Dies Tuesday
William Huffman, 46,
a native of Klamath
also a provision that gives the County, died in Ashland at the
county a choice in the number of
directors desired for the school
board or boards," the superintend
ent continued.
The county superintendent.
speaking in part (or his school
board members who have been
outspoken critics of the single dis
trict reorganization proposal, said
that the new law "now gives the
people in the area an opportunity
to resuidy reorganization and
boundary realignment
Dairy Princess
Dinner Saturday
Tlie public is Invited to attend
the coronation dinner for the 1963
dairy princess at Rcames Golf,
and Country Club, Saturday night,
June 8, at 8 p.m.
The dinner will honor all prin
cess contestants, Joan Lee, Bo
nanza; Nancy Wenz, Klamath
Falls, and Cathy Ross, Chiloquin.
Judges will make their final de
cision and the new princess to
represent Klamath County in state
competition will be crowned.
For reservations call TU 2-3921
or Merrill 798-5849.
home of his mother about 1:30
a.m. Juno 4. Death apparently fol
lowed a heart attack.
He had gone with his family to
spend tlie weekend with his moth'
Mrs Blanche Ilullman, 137
North Main Street. He had been
employed at Diamond Lake for
three weeks.
Mr. Huffman was a native of
Klamath Falls, born Oct. 28, 1916.
He attended school in Klamath
Falls until moving to Ashland
with his family in 1924.
Funeral services will be t riday.
June 7. Anyone interested in the
time, to be announced later, may
call Don Philpott, Bonanza 2188.
Survivors include the widow.
Thea, Ashland; a son. Clyde E.,
U.S. Navy; two daughters, Mrs.
Celeste Hutchison, Washing
ton, Mrs. Ronelle Stinson, Eagle
Point, Ore.; two brothers, Don C.
of Las Vegas, Ncv., Glenn E. of
Bonanza: four granddaughters;
three stepchildren and three step-
grandchildren.
Obituaries
TURNER
Glenn F. Turner, At, died In lakevlew
June J. Survived by widow, Ann! torn.
.eoroe Turner and Glenn Ivrner
daughters, H.ttle Mellfer, ell of Leke-
r. Ruby Arnold, Med'ord. Funeral
service, will be held Thuridev of 2 p m.
In the Ousley-Osfermen Chanel. Lake-
view, ore. inlerment Sunset Perk.
Grass Fire
Suburban firemen extinguished
a grass fire that burned along
tlie road near the Metier Broth
ers Company, 3121 Crosby
Street, about I p.m., Tuesday,
the Suburban fire Department
has reported. The fire was eon-
fined to a strip along tile road
right-of-way. There was no dam
age.
two separate districts would be
combined under the rural school
law and half of the budget total
would be levied county-wide. The
oilier half would be levied within
the separate districts along with
capital outlays.
Tlie new law also facilitates
minor boundary changes in that
the county court acting as a
school "committee" could make!
these minor boundary changes
without a vote of the people in
volved. Tlie people involved in the!
boundary change would have a
chance to remonstrate if they
felt the change wasn't suitable
and the remonstrance would lie
reviewed by the state board.
In the event of major reorgan
ization, a vote of the people would
be required before the change
could be effected, Hunsaker felt.
The reorganization plan would
have to be approved by the state
board and the county court before
it was referred to the people for
a vote.
Robinson said he didn't feel
the rural school law would auto
matically become effective in the
county district if the school dis
tricts were reorganized under the
new law. He also said he wasn t
sure that a vote of the people
would be needed for major reor
ganization. "Tlie new provisions under Sen
ate Bill 287 arc complicated and
require qualified legal inlerpicla-i
lion," Robinson said.
Neuberger Bill
Asks Relief Of
Lumber Imports
WASHINGTON (UPD - Sen.
Maurine B. Neuberger. D-Ore.,
called Tuesday for changes in
U.S. shipping laws to help cut
back a record flow of Canadian
softwood lumber to U. S. Atlantic
Coast markets.
Mrs. Neuberger told tlie Senate
that reductions in foreign charter
shipping rates carrying British
Columbia lumber had given Ca
nadian lumbermen an added edge
wcr U.S. lumbermen.
U.S. lumber mills which send
their product to the East Coast
by sea must use American-flag
vessels because of U.S. merchant
marine laws. Mrs. Neuberger said
U.S. rates had remained un
changed while foreign charter
rates had dropped.
Mrs. Neuberger has introduced
a bill to allow West Coast lum
bermen to use foreign vessels for
shipments to the East Coast. A
similar bill died without coming
to a vote in tlie last Congress.
Annual June
Dairy Tour
Thursday
Tlw annual June dairv tuur and
judging contest, sponsored by the
Klamath Dairyman s Association,
is scheduled for Thursday. June 6.
The field trip will start at 10
a.m. at the Joe Bair dairy ranch.
'9743 Spring Lake Road. Anyone
interested may enter the competi
tion. Four-H clubs will participate
also.
Tlu tnnr will on to the Rav Hob-
knn ilairv at Merrill lor a free
lunch and continued competition.
A trophy will be provided (or
the high scoring individual in the
senior, intermediate and junior
age groups and for the highest
scoring 4-H club.
TlMirv nrinrpss contestants. Nan
cy Wenz, Klamath Falls; Cathy
Ross, Chiloquin, ana Jean Lee,
Bonanza, will be present.
The public is invited.
OTI Student
Given Award
Ted Slagner, vice president of
the Oregon Tech student body,
was awarded the coveted Owens
Citizenship Award at the first an
nual awards convocation held in
the campus theater Thursday,
June 3.
Stagner, a 1957 graduate of
KUHS, spent four years in the Air
Force prior to entering Oregon
Tech. Besides being vice president
of ASB, he has been editor of the
"Milcr," a member of Phi Theta
Kappa honorary society, and stu
dent council representative.
Tlie Owens Citizenship Award,
donated by Rose and J. V e r n
Owens, is intended for that stu
dent who. in the opinion of the
faculty, has made outstanding
contributions to Oregon Technical
Institute. This is exemplified by
his high moral standards, his par
ticipation in school affairs, his in
terest in the betterment of the
student body standards, a coop
erative attitude toward the faculty
and his fellow students, and a
spirit of adventure in his academ
ic activities.
Stagner. who will graduate in
Electronics Technology on June 7,
lias been employed by the Min
neapolis-Honeywell Company and.
alter attending a six-month school
in Boston, will be assigned to a
permanent location as a customer
engineer to work with Honeywell
computers. Stagner, who is mar
ried and has two prc-school age
children, is the son of Mr. and
Mrs. II. M. Stagner, 3053 Emerald
Street.
Hoagland Resigns From Commission
A pioneer member of the Klam
ath Falls Planning Commission
who is observing the benefits that
his efforts as a planning commis
sioner have contributed to t h e
city completed his 13th year on
the commission Monday and has
declined to be reappointed to tlie
post.
He is Fred Hoagland, who has
served with the commission since
it became established by city or
dinance on Jan. 1, 1950, includ
ing the two-year period from
July. I960, through July, 19G2,
when lie was chairman.
Hoagland declined to continue
serving as a commissioner in or
der to devote more time to his
'real estate interests and personal
allairs.
He has been succeeded by Sam
Ritchey, district manager of the
Pacific Power and Light Com
pany, whose appointment to the
commission became elective
Monday, when it was approved
by Mayor Robert Veatch and the
city council upon the recommen
dation of the planning commis
sion.
The post marks the third time
!''' N .
r - ' I'-.
- ,:v
FREO HOAGLAND
i wi i ii ii i 1 "3
that Ritchey has been called to
serve the city on one of its vari
ous committees.
About 30 years ago. Ritchey
was named to the Traffic Safety
il then sponsored by the
state, and continued to serve that
srouo after it was transierrea io
the city and became known as
the Traffic Satety Lommuiec,
He served as a member of the
committee for approximately 20
years before resigning to devote
his spare time to another city
project. That assignment was as
a member of the Charter Amend
ment Study Committee for a
manager type of city govern
ment, which has since been es
tablished in this city.
He was born in a mining camp
near Missoula, Mont., and grad
uated from high school there be-
Special Awards
Given Oregon
Tech Students
(ore enrolling at tlie University of
Montana and later the University
of Oregon. He received a bache
lor of science degree from the
latter university and several
years later went to work as an
estimating engineer for Copco in
the Medford office. Soon after,
he was transferred to Klamath
Falls and has remained here
since that time.
Ritchey and Ins wife, Lois,
reside at 201 Jefferson Street.
They are the parents of three
sons, including Alan, a freshman
at Oregon State University, and
Martin and Brian, students at
Klamath Union High School.
Hoagland, a one-time general
manager of Fluhrer's Bakery,
was instrumental in rczoning that
part of Klamath Falls which will
include tlie proposed Presbyteri
an Intercommunity Hospital and
the new building for tlie Oregon
Technical Institute.
As Ritchey, Hoagland came to
Klamath Falls from Medford and
has resided here since 1935. He
and his wife, Eleanor, live at
2026 Portland Street. They have
two daughters, including Mrs.
who
graduated Tuesday from Klam
ath Union High School.
Sixteen special awards were.Merland Phelps and Alice,
presented to Oregon Tech stu
dents and groups at the first an
nual awards convocation. Dr. Pur
vine presented the President's
Cup to T. J. Goodman who re
ceived the trophy lor nis son.
Charles, who completed his Ore-j
gon Tech program in DccemDor
and is presently employed by In
ternational Business Machines
Corporation in San Jose, Calif.
J. Vern Owens presented the
Owens Citizenship Award trophy
to Ted Stagner, who is a native ot
Klamath Falls and a 1957 KUHS
graduate. The Great Teacher:
Award was presented to Profes
sor Robert DcRosier by Dean Paul
Meier. The Donald Orrell Elec
tronics Achievement Award was
presented to Lee Strahan by Don-i
aid Orell. O. K. McCart presented
tlie Outstanding Diesel Student
Award to William Kramer and
Grant Bailey presented the Mor
rison, Stone and Bailey Automo
tive Award to David Thun. Gene
Culver presented the Culver
ward to the housing group main
taining the highest grade point
average.
Other group awards went to tlie '
baseball, track and golf teams,
the rally squad, the winning in-
Mdiiiuiui ii-dius ttitu uic udiiu. COURT ACTIONS
am.vi awaras were presentee oy Kiam Sector nd implement co
Dean R. W. Bingham. Dr. Pur-U" Oregon Coro. v!. lavlna Henry.
vine presented the honor cords to
Bid Okayed
WASHINGTON (UPD- Tile In
terior Department has awarded a
$141,408 contract to Roy Berg,
Portland, for construction of three
residential duplex units at Crater
Lake National Park, Sens. Wayne
Morse and Maurine Neuberger,
D-Orc., announced today.
Requiem Mass
A Requiem Mass will be of
fered for the repose of the soul
of Pope John XXIII on Thurs
day morning at 8 o'clock in tlie
Sacred Heart Catholic Church,
Eighth and High streets.
On The Record
MARRIAGE LICENSES
nuid e. Bollmaer, 36, end Georgia J.
Mill, 20, both Klamath Falls.
DIVORCE ACTIONS
RAMSEY Franclf O. vs. Heten M
WORCH Jean Evelyn vs. William John.
members of the Phi Theta Kappa
honorary society.
SAM RITCHEY
in 'mi iiiTf Vffi iiw
DON'T BUY
A NEW TV
PICTUBE
Until You Check
With
Billy Golden TV
Phone 2-1 2S9
Merrill. Matin, Thnrf.
Ronanta Every ether To-.
893
5.35
13.14
14.99
12.32
12.73
9 0S I
19.16;
1522
9.55
15.6H'
1084
4 82
14.00
7.88
. 9.53
7.96
11.58
85
1251
20 53
11.10
7.47
25 84
WW
4.74
16.89
4.6ti
873
881
18.52,
9 60!
10.87
12 31
8.38
15 95
20 28
7.61
13.85
7.48
15.87
1489
PORTLAND tUPIl (USDA) -
Livestock:
Cattle 150: few good-low choice
steers 22-23.23; utility cows 13-
15.50; canner-cuttcr 11-14.50.
Calves 25; (ew choice vealers
26-27; medium-low good stock
steer calves 250-270 lb 25-26.
Hogs 150; barrows and gilts 1
and 2 grade 190-240 lb 18.50-18.75.
mbicd 2 and a grade 200-235 lb
18.
Slieep 200; dwicc-primc spring
slaughter lambs 22.
Potatoes
PORTLAND (UPD - Potato
market:
Steady: Ore Russets S.1S 3 40
some best 4 25 4.50: sized 2 oz
spread 5 25-5.50; bakers 5 00-5 25,
cms 50 lb sized 2 ot spread 2 75-3.00.
Dairy Products
PORTLAND (UPD - Dairy
market:
F.ggs To retailers: AA extts
large S(M2c; AA large 37-40c; A
large 36-39e: AA medium 30-35c;
AA small 23 29c; cartons l-3c
hisher.
Butter To retailers: AA ind A
prints 66c; cartons 3c higlier; B
prtnU 86c.
Grains
CHICAGO (UPIl Grain range:
High Low Close
Wheal
Jul 18.V, l.BS IftVa
Sep 187 l.as-'t 187
Dee I92S 1.91i 192'tl!i2
Mar 193 192 HO,
(tali
Jul jBr! .66' Jgftlt
Sep 67. .67't .67'a
Dec .70i .70 .70
Rye
Jul l.2fi I.W. 12tii
Sep 1 27'. I 2fi'i 1 27i
Dec lao'i 12', i.w i
CHICAGO tUPli-Cash gram:
Wheat 2 red 2.10N.
Corn 1 yellow 1.28; 2 yellow I 28
3 yellow 1.24'; 4ycllpw .23i-
1.25: sample grade yellow .05.
Oats 1 heavy mixed .71'i; I
extra heavy mixed .72 a : 1 extra
heavy white .TS'a; 2 extra heavy
wttite .72' i ; 3 extra heavy white
.71'..
Rye 2 plump 1.2!.
Bailey malting 1.23-I.34N; feed
.98-1 OtiN.
Soybeans 1 yellow 2 82'-; 2 yel
low 2 82' j, track Chicago.
Stocks
LOCAL SK.Cl R1TIKS
Prior until 11:30 a.m. PUT today
Hid Atkrd
Hank of America 6
Cal Par Util !
Con Freight
Cyprus Mines
Equitable SAL
1st Nat l Bank
Jantzen
Morrison Knudscn
Mult Kennels
N.W. Natural Gas
Orenon Metallurgical
PGE
IT&L
U.S. Nat l Batik
West Coast Tel
Weyerhaeuser
l.Tl
24'.
32 '.
7'
28'4
31'.
i
36 S
l'
26.
26H
78.
24'i
32'
6H
29' i
14
2i'
34
TO-'.
2S.
3.1'
4'
38S
IS
28'
2S'
82'.
S4'
p - iliOk ill
:y .Lm i if A 'f-Vi
M3k V
j nk ill .. a i i v ii ri mm .v ci
14.98
Live the Good and Easy Life of
DACR0N
If0 ws
5 cheers (or ht Docron Polytster dresses (hot hov, the ook on(J fcc,
tin. trcp. or lovely silky totton k.cp fheir pleat, forever ond practically
take cart or themselves.
95