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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (June 6, 1963)
PAGE 4-A HERALD AND NEWS, Klamath rails. Ore. MARKETS and FINANCE Stocks NEW YORK STOCKS By I niled Press International Allied Chemical 49Vi Alum Co Am American Air Lines American Can American Motors AT&T American Tobacco Anaconda Copper Armco American Standard Santa FcPf d licndix Corp Bethlehem Steel Boeing Air Brunswick Caterpillar Corp Chrysler Corp Coca Cola C.B.S. Columbia Gas Continental Can Crown Zellerbach Crucible Steel Curtiss Wright Dow Chemical Du Pont Iastrnan Kodak Firestone Ford General Electric General foods General Motors General Portland Cement Georgia Pacific Greyhound Gulf Oil llomestakc Idaho Power r.B.M. Hit Paper Johns Manvillc Kcnnceott Copper Lockheed Aircralt .Martin Merck Montana Power Montgomery Ward ?Jew York Central Northern Natural Gas Northern Pacific Pac Gas Elec Penney J. C. Penn RIl Permantc Cement Phillips Nat l Biscuit XD Proct e r Gamble Iladio Corporation Richfield Oil Safeway Soars Shell Oil Socony Mobil Oil Southern Co. Southern Pacific Sperry Hand Standard California Standard Indiana Standard N. .1. Stokely Van Camp Sun Mines To.is Co. Texas (rfilf Sulfur Tliiokol Trans America Trans World Air Tri-Conl inental I'nion Carbide I'liion Pacific Unllcd Aircraft United Air Lines U.S. Plywood U.S. Rublier United Utilities West Bank Corp Vcstin?h(Mise YoungsUmn 24 1 s 46 20?i 422 'j 54 574i 30'4 52',i 31H 36'i 15' tiOTi !M34 58'. 30 4Mi 54 20!. 21V. 624 240i 113' 33 54 'a 82 81V 71'. 42'i 44', 47 36 470 51 76 SP.i I!) 811 'i 38H 37!. 211'. 524. 47 32li 2U 17'. 15' it 54J4 47'i W IU'a 4.1 ' 573 8!) '.4 42!. 68' i 53'. 35'.i 14'i 64'. 60 11 67H 15'. 24'. 52 19 4fi4 110' 4 41') 59 46!. 37!. MUTUAL FUNDS Pricos until 10 a.m. I'DT today! AMiatrd Fund 8 25 8 93 Alomic Fund 4 87 5.32 Blue Ridge 11.99 13.10 Bullock 13.65 14.97! Chemical Fund 11.27 12.2 Colonial Fund 11.62 12.70 Ceniw. Inv. 1003 1096 Diver Growth B.7!l 9.63 lrflis 17.55 19.08 E 1 II Slink .14 05 IS M Fidelity Capital 8.79 9 55 Fidelity Trend 14 36 13 61 Fundamental !l 117 10 82 F.I.F. 4 40 4 82 founders Fund 6.29 8.84 Group See Coin 13 50 14.78 Gr Sec Av.a El 7.15 7 84 Hamilton H I) A. 5 0.'. Hamilton C-7 5.17 5.65 Incorp lnv. 7 24 7 91 1CA InvrslorV (.roup lnlerconlincnt.il 6.13 6.84 Mutual II.. IB 13 i Mock 10 01 20.55 Select rte I0.:(7 11.09 Variable 6 91 7.47 Keystone S-l 51 76 25 84 Keystone S 3 I5.JH 16 86 Ke'vMonc S-4 1 3.1 4 73 M.I.T. 14 16.35 M I T. Growth 8 24 9 01 Nat l lnv. 15.57 16 83 Nat l Sec Iiv 4 i.'i 4 64 Nat l Sec Growth 7 97 8 71 Nat 1 Sec Stock 8 04 8 79 Putnam Fund 15 II 16 51 Putnam Grow III 8 IK 9.68 Selected Amor 9 81 10 64 Miaioliolrlcrs II 15 12 19 TV Fund 7.64 mi United Amini 14 64 16 00 United Canada 18 74 20 37 United Continental 6 96 7.61 United Income 12 49 13.6.1 United Science 80 7 43 Value Lines S 39 5 89 Wellington 14 54 15.85 Whitehall 13.74 14.85 Potatoes PORTLAND (UP1 - Potato market: Steady; Ore UiiwcU S.15 3 40; pprrad 6 2.V5 50; bakers 5.00-3 25; tjis 50 lb ftiztd 2 ox spread 15 3 00. Thursday, June 6, 1963 WALL STREET CHATTER NEW YOKK iUPH - Kenneth Ward of Hayden, Stone & Co. feels that common sense dictates that the market's near term must be appraised carefully to deter mine how much of the business news has been already discount ed, particularly in the more vola tile blue chips. However, Ward says, unless there is a sudden unpredictable change in the news picture, it seems most probable that the pub-l lie will take a more active part in the market and that a shift to some of the neglected secondary issues will be witnessed. L. Palmer of J. W. Sparks & (". feels that a correction in the market is long overdue and that caution should be exercised re garding the near term course of the market. Invcslograph Stock Survey edi tor Walt McKibbcn says the mar ket is now consolidating around the 720 level in the Dow-Jones industrial average and he believes! the market will reach new highs soon. He believes that once the new highs are reached it will be possible a few months afterward to see dimly beyond 1963 and then the 1964 outlook will begin to dom inate the market, but he feels it is too soon to venture a predic tion. WALL STREET PORTLAND (UPD (USDAi - Livestock: Cattle 50; no early test. Calves none. Hogs 50; few barrows and gilts 1 and 2 grade 215-230 lb steady at 18.50-18.75. Sheep none Stocks LOCAL SECURITIES . PDT today Bid Asked 65'. 68 28 30 I3:' 14". 24. 26 32ili 34"4 671,4 704 264 29 3I 33 ti 4, 5 36-H 38". 1"4 1H 26' j 284 26"4 28 82 '4 24". 25'. S.H 34-H Bank of America Cal Pac Util Con Freight Cyprus Mines Equitable S & L 1st Nat l Bank Janlzen Morrison Knudscn Mult Kennels N.W. Natural Gas Oregon Metallurgical PGF. PPM, U S. Nal'l Bank West Coast Tel Weyerhaeuser G. Turner Succumbs LAKEVIEW - Glenn Franklin Turner, 68. died in Lakeview on June 3, following a residence of many years in this area. He was born in Kansas on July 5. 1894 and was married Jan. 24, 1917, to Anna Laverne Lohr, who survives. He was a member of t h e Lake- view Masonic Lodge No. 71. Other survivors include two sons, George and Glenn Jr. of Lakeview; two daughters, Ruby Arnold of Medford and llattic MeUler of Lakeview; eight grand children: two brothers, William of Hermiston and George of Turner: and a sister, Lourlla Drahl of Oakland, Calif. Funeral services were held at the Ousloy-Osterman Chapel in Lakev iew on Thursday. June 6. at 2 p.m., with interment in Sun set Park Cemetery. Karl Pohl of ficiated. Pool Open MALIN-Tlie Malin Park swim ming pool is now in operation, hut it w ill be 0en only on afternoons until the weather Is warmer. Lessons will begin June 10, from 9 a.m. !o 2 pm , and conclude July 4. Ten lessons will cost $2.50 Admission prices for the pool arc adults, 40 cents; children. 2.1 cents, and high school students. 25 cents. Suit rentals arc 50 cents for adults and 25 cents lor chil dren. Towels are in cenis ami caps 10 cents, PLANS STICKER CAMPAIGN SANTA MONICA. Calif U Pl Traflic violators convicted before Municipal Judge W. Blair Gib liens alter today will have their cars branded Gihhcns, who g.imcd n.ttional attention with his unusual punish ment or traffic violators, served notice Wednesday that anyone convicted would he required to pasle a six hy-four inch sticker on their windshields (or 30 days. Tie sticker says "Traffic viola Hon, Santa Monica Municipal Court." Obituaries WATIM PfHi Ct "Jtrry" Waff.- U. 0t1 hffrr Jtin &, 1HJ Sufvlvtwi Vi'f, lf'. O (hit cttvt tirftttw, lttcrd J , Wlh ; lltttri. hint WrioM. $. vS n'l '! i IkHTum t-un'i Horn Salurnty, Jun I. t 10 tm. Con cluding v) Klamath Minwiil Park Mark Signs Milk Bill On Prices A bill designating the State De partment of Agriculture to s e t minimum prices and establish market areas and quotas on milk has been signed by Gov. Mark O. Hatfield, the Herald and News learned today. The controversial bill provides that the department fix the mini mum price that milk distributors pay dairymen lor raw milk. The minimum price will be es tablished by the State Department of Agriculture following public hearings to be conducted later throughout the state. Dairymen throughout the state have long sought legislation which would guarantee them a fixed low price for their product, a lo cal spokesman for the industry said. Local milk producers receive $5.86 per 100 pounds of four per cent milk, comparable to the rate in other parts of the state, he said further. The legislation, known as House Bill 1376, was sponsored by Sena tor Harry Boivin of Klamath Falls. -u . f ta Mmbjd FRANCIS G. WATERS F. Waters Death Told Francis G. (Jerry) Waters, 55, died June 5 at the family home following a long illness. He had returned home June 1 from Port land where he had been under treatment for two months at the Portland Medical Clinic. Funeral services will be in the chapel of Ward's Klamath Funeral Hume at 10 a.m. Saturday, June 8. Final rites and interment will be in Klamath Memorial Park. William Milne, lay vicar of St. Barnabas Episcopal Church. Lan- gell Valley, will officiate. Active pallbearers will lie Raymond Brown, Rav Barnes. J. V. Far- rell, W. R. Elliott, Mike G. Brun ncr, Ivan Van Hook. Honorary will be Harry 1-ccdy, Pal Kielty, Otto Nichols, John Calder. Wil- iam Dunne. Earl KHch. Law rence Dunton and Robert Tre lease. Mr. Waters, a native of Fernie, British Columbia, was born Sept. 23, 1907. He had been employed by the Great Northern Railroad for 37 years and was senior con ductor of the local division. He was a member of the Eagles I.odgc, Bend Aerie, and the Or der of Railroad Conductors No. 116 Klamath Falls. Survivors include the widow. Lei a. Klamath Falls: brother, Richard J.; sister, Mrs. Eddie 'Nina' Wright, both of Spokane. and sister, Mrs. Robert 1 Meryl) Ostcrbaeh, Wcnatchcc, Wash. KISS LN.lt RES THREE RLOOMIN'GTON. Calif. lUPD- Richard F. Thomas, 17, kissed his 116-year-old girllriend and wound up wilh a cut hp and several broken teeth. Police said Thomas lost con trol of his car and crashed into a pole while kissing. His girl friend and another teen-age pas senger also were slightly injured I j- VI Am To The VOTERS of Elementary District No. 1 Vote Monday, June 10 VOTE Y for CONSOLIDATION Into One County Unit School District ALL the DOLLARS in the COUNTY for ALL the CHILDREN in the COUNTY Sea Facts on Pog 8-A T4. At- Rollm A. CantraH, JJ41 Udotiare DrK asMsstli AIRMAN REENLISTS S.Sgt. Richard E. Harned, radar operator in the 827th Radar Squadron, is sworn In for another four-year hitch by Maj. Gerald I, Nelson, com manding officer of the Keno Air Force Station. The ser geant resides with his wife at 868 B Vincent Drive, Falcon Heights, and has a total of 8 'i years active military service. UPI Telephoto Han Slightly Injured In Auto-Pickup Crash One person was slightly injured in one of two-car accidents which resulted yesterday afternoon when a motorist involved in each of the collisions drove in front of a passing car, Oregon State Po lice reported Thursday. Taken by Peace Ambulance to the Klamath Valley Hospital for outpatient treatment of lacera tions was James Briley, 50, pas senger in an automobile operated by his wife, tmngene, 51, of 601 North Eleventh Street. Mrs. Briley was eastbound on South Sixth Street, near Madi son Street, about 4:30 p.m., when she turned lelt into the path of 1 a pickup truck operated by Jack Thrasher, 2.1, of 715 East Main Street. The vehicle is owned by Alice Hood. MALIN MRS. JULIA JONES of Her- shcy, Neb., is visiting her broth er and family .Mr. and Mrs. George Smalley. MRS. CHARLES MORGAN spent several days last week in Malin with her sisters, Mrs. George Rrolhanek and Mrs. Ann Nelston, and brolhcrs, Vincent Jclinck and Rudolph Jelinek and family. .Mil. AND .MRS. HERB GRAY BAEL, .Madras, visited M r s Graybael's parents, Mr. and Mrs. Arthur McKoen, last week. Mrs McKoen and daughter, Leona, ac companied the Graybaels to Sac ramento to visit another McKoen daughter and family, the Norman Holmes, and to see Hie Holmes new son, Michael Todd. Mil. AND MRS. J I M M I E ROGERS, Donnie and Carol Klamath Falls, spent Memorial Day with her parents, Mr. and Mr. John Reber. MR. AND MRS. GEORGE PAPI'E and family had as guests1 May 26, Mrs. L. B. Woodrum and boys of Klamath Falls and Vera Davidson of Portland. Mrs. Da vidson celebrated her 80lh birth day while here. MR. AND MRS. BILL HAYS has as guests, their aon, Bill Jr., and family of Livermore. Carol Jeanne and Ray Slruve of Bonan za, the Hays' grandchildren, also visited over the weekend. MR. AND MRS. ROBERT CROFT and family of North Bend visited friends here over the weekend. Croft was the guest speaker at the Malin High School commencement and is a former teacher of Malm High. MR. AND MRS. DAVE CAN- BASIN BRIEFS I ;, ' if- -A 1 i ' ' 1 , j The Briley automobile was re moved by a local towing company. The other collision occured at approximately the same time as Roger Warren, 16. of Rte. 1, Box 923, stopped his pickup truck at an arterial sign on Washburn Way and Joe Wright Road and then drove in the path of a vc hide proceeding eastbound on Joe Wrigiit Road. The occupants of the car.G. V. Tumbleson, 72. and Mabel Tumbleson, 66, both of Bray, Calif., were not injured State police said the Tumbleson car had slid into a nearby ditch following the collision. Both ve hicles left the scene under their own power. The pickup truck is registered to Richard and Shirley Smith of 5648 Denver Avenue. NON and daughter, Kathy, of Hayward, Calif., visited with Can non's grandparents, Mr. and Mrs. Charles Johnson, over the week end. They returned home via Reno to visit his parents, Mr. and Mrs. Dave Cannon Sr. MR. AND MRS. LeROY DAN IELS, Fallon, Nev., were week end guests of her aunt and husband, Mr. and Mrs. Bill Hays. MRS. SALLY GEIST and son. Harold, of Eugene were recent guests of her parents, Mr. and Mrs. George Smalley. MR. AND MRS. BERT BURNS, Medford, visited friends here Sat urday. MR. AND MRS. JIMMIE VIC- TORIN of Los Angeles visited his parents, Mr. and Mrs. Tony Victorin, recently. Mrs. 'Victorin accompanied them to Madras where tliey will visit her daugh ter and family, the Dean Kings. MR. AND MRS. ELDON JOHNS, of Mesa, Wash., spent the Me morial weekend with his mother, Mrs, Josephine Johns. CHILOQLIN OREGON PILOT ASSOCIATION will have a potluck dinner at the Chiloquin Grade School on Thurs day, June 6, at 8:30 pm. MR. AND MRS. ROB MATHIS had as houseguests for eight days. Mr. and Mrs. Kenneth Mitchell and son from Sheridan. Ark., and Mrs. Mathis' mother. Mrs. W. L. Bradley, who is visiling for sev eral months. MRS. DORA KIRCRKR and Mrs. Rosalee Hoback are going to Portland Thursday and Friday Television Repair SPECIAL! - ,H1H J hI8950 For Most 17 end 21 -in. Sets Here h What We WW Do Complete Repairs, Parts ond Labor To Put Your TV in Like Niw Condition, Includes New Picturt Tube If Needed One Year Service Warranty On Your Complete TV Set State Board Withholds Full For Double Shift Operation Klamath Union High School next year will be considered a "c ditionally standard" high school in the eyes of the State Board of Education which Wednesday decided to withhold its fully standard" recognition from schools which hold double-shift classes and can't provide daily physical education for students in all 12 years of public school education. In commenting on the effects of the board's action, Ray Hunsak er, city school superintendent, said that one of the requirements of a conditionally standard school is to file an annual report with the state board to show some thing tangible that is being done to solve the problem. If conditions at any condi tionally standard school don't im prove in a reasonable amount of Kingsley Field Rated Tops For Education Acts The 25th Air Division at Kings ley Field has been rated first among five other Air Force units Flames Gut Frame Shed Fire gutted a one-story frame shed at 3424 Altamont Drive, about 11 a.m. Wednesday, in one of two calls for assistance re ceived by the Suburban Fire De partment yesterday. The shed was located in a field and had been the property of Miss Myrtle Jack ich of San Francisco. At 3:22 p.m., firemen were summoned to an overheated oil stove at the residence of Jean Carter, 5311 Miller Avenue. There was no damage. In the only call received by the Klamath Falls Fire Department, firemen went to an overturned truck at Riverside and Main streets and hosed gasoline leak ing from the vehicle down the storm drains. for the Grand Chapter of Eastern Star. CASCADE CREST LODGE, No. 159, will have installation of offi cers on Friday, June 7, at 8 p.m. in the Masonic Hall. IIEATTY MR. AND MRS. J. II. I.OWERY of Herlong, Calif., visited with Mrs. Lowcry s parents. Mr. and Mrs. H. B. Young, on June 1. MR. AND MRS, WILFRED PRATT of Areata, Calif., spent several days over the Memorial Day weekend visiting Mrs. Pratt's relatives here. They also attended the Bcatty Rodeo. Mrs. Pratt is the former Harictt Brown. STEPHEN KIRK and Phil Cha vez have been employed by the hlamalh Forest Protective Assoc iation to work during the 1963 fire season. Their headquar ters will be at Calamus Butte. Both are experienced in the work. MR. AND MRS. ARIN MEYER of Portland aie visiting with his brother and family, the R. H. Meyers of Sycan Camp. They came to attend the graduation ex ercises of their niece. Elain Mey er, from Bly High School. SALLY CRAWFORD arrived from Los Angeles on Saturday tc attend the graduation of her brother. Mike Crawford, at Bly on June 3. She was graduated from Bly High School in 1962. Ph. TU 4-3188 Store Hours 9:30 to 5:30 P.M. Open Friday Till 9 P.M. 9th and Pine time the school could slip to a "non-standard" rating which could possibly result in the state board's withholding basic school funds from the school. This hap pens very infrequently, Hunsaker said. "KU like many schools in Ore gon just doesn't have the facili ties for a four-year high school physical education program, Hunsaker said. High school stu dents now are required by law to take only two years. Dr. Leon P. Minear, superin tendent of public instruction, said double-shifting because of over crowded classrooms has been more a problem in elementary schools than it has in high schools. "But there are indica tions from several communities that they are planning such A permanent plan," Dr. Minear said. for its participation in off-duty education programs, according to a semi-annual report received by the air field. Included in the competition w ere McChord AFB, Geiger Field, Paine Field, Portland AFB. King sley Field and the 4626 Support Squadron. In the report, Kingsley Field led in every department on the basis of the per cent of per sonnel participating, including ECI enrollments, USAFI group study enrollments, and in tests, administered. Kingsley Field received a par ticipation index of 84; the runner up was McChord AFB with a 68 rating. The index is computed by considering number of personnel on base and participation in all the mentioned categories. During the past year, 34 eve ning courses were held on base, and plans are being made for a bigger and better program begin ning in September. HEY CCD Boys and Girls 6 to 16 Years of Age SCHOOL'S AND Free Want Ad Week Turn to the Want-AD Pages To See How You Can Use FfJEEW Concerning the split shift situ ation, Hunsaker said the admin istration is and has been "trying to move in the direction of cor rection." In other board action Wednes day, $25,000 was granted for use in a summer education pro gram for migrants. The classes will be conducted by the Ontario, Hood River, Woodburn. St. Paul and Monmouth - Independence school districts. The board also approved a res School Ceremonies Honor Malin Grads MALIN - The Malin High School's annual commencment exercises were held May 31 in the high school auditorium. The program was opened with the traditional processional march. Sir Edward Elgar's "Pomp and Circumstance," played by the school band, and Francis Scott Key's "Star Span gled Banner." Rev. Ethen Whitman of tlie! Malin Presbyterian Church deliv ered the invocation. Following the salutatory by Linda Reber, the class gift was presented by Elaine While, president, to Tom Brown. the student body president for next year. The Girls' Chorus sang. "I'll Walk With God," and George Brady introduced the guest snpai,pr nw, Croft who Heliv. ered a brief address to the class and guests. The presentation of awards was made by Jim B. Conroy, princi pal. Barbara Pitts received the citizenship aw-ard, and two girls with equal grade averages, Lin da Reber and Barbara Pitts, were honored as the most out standing girls of the year. Tom Brown was selected as the most outstanding boy. Scholarships were presented to ant s mm Okay At I(U olution urging teachers to inform themselves and their students about communism and a teach ers' source material guide on communism was okayed. A secondary teacher education program was approved at Reed College in Portland beginning Sept. 1 for a five-year period. The board elected a new chair man, Eugene Fisher, Elkton, to succeed Ronald Jones, Brooks, and reelected S. E. Brogoitti, Helix, as vice-chairman. Linda Reber and Lois Owens, $225 tuition and fee from the Universi ty of Oregon; Barbara Pitts, $100 from the Helping Hand So ciety to any college; and Elaine While, $100 Oregon Nursing scholarship and $200 Klamath County Medical Auxiliary schol arship. Following the valedictory by Adelia Cacka, the Girls' Chorus sang "Climb Every 'Mountain." The diplomas were then present ed by the principal. Recipients were Adelia Cacka, Robert Holt, Cathy Kenyon, Gwen Kirkpatrick, Mary McAuliffe, Car ol Micka, Jerry Morris, Dianna O'Riley, Lois Owens, Barbara Pitts, Linda Reber, Dan Rollins, and Elaine White. The clase motto was "Those Who Think, Conquer," with col ors of lavender and white and the baby orchid as the class flow er. Senior class advisers were Brady and Conroy. Following the benediction by Reverend Whitman, the Malin High School band played the re cessional, "Coronation March." The senior mothers were hosts at a 6 o'clock breakfast for the seniors and advisers at the .Ma lin Community Hall the morning after graduation. OUT Ads