PAGE 4
Friday, June i.
HERALD AND NEWS, Klamath Falli, Ore.
MARKETS
Stocks
NEW YORK STOCKS
By United Press International
'- Allied Chemical
J Alum Co Am
American Air Lines
'American Can
t American Motors
'AT&T
' American Tobacco
Anaconda Copper
'. Armco
American Standard
, Santa Fe Pfd
Bcndix Corp
Bethlehem Steel
Racing Air
, Caterpillar Corp
Chrysler Corp
:;Coca Cola
.j.'C.B.S.
Jvtolumbia Gas
v,(.'ontincntal Can
fji'rown Zellerbach
y-fYiicible Stcol
: 4-'urtiss Wright
;pow Chemica
r '.pu Pont
.' Firestone '
Ford
General Electric
General Motors
General Portland Cement
Georgia Pacific
Greyhound
Homestiike
Idaho Power
; I B M.
J Int Paper
; .lohns Manvtlle
Kennecott Copper
- Lockheed Aircraft
Martin
' Merck
Montana Power
' Montgomery Ward
Nat'l Biscuit
New York Central
Northern Natural Gas
Northern Pacific
Pac Gas Elec
Penney J. C.
Penn RR
, Permanente Cement
I Phillips
: Procter Gamble
Radio Corporation
; Richfield Oil
Safeway
' Sears
Shell Oil
s Socony Mobil Oil . ,
; Southern Co
Southern Pacific
. Sperry Rand
Standard California
Standard Indiana
Standard N.J.
Sun Mines
Texas Co.
82
58'
30
4774
50',i
21V4
21 Vt
60Vi
245
33','i
52 ',4
79
70'
42'i
49"
44'i
50 '4
33 '4
436 Vt
30'4
47
72
53H
19
90'A
37 V
38V4
52i
22',4
53
47tt
31
42
19V4
16'i
51
75H
42 '4
SVk
em
W,
68
53 Vi
36 Vi
14V4
64
604
68
11
70
14
Texas Gulf Sulfur
Texaa Pacific Land Trust 1 23
V Thlokol
, Trans America
J Trans World Air
f 'J'ri-Conlinental
', Union Carbide
;.' Union Pacific
United Aircraft
United Air Lines
I U.S. Plywood
'.; U.S. Rubber
: U.S. Steel
: ' United Utilities
West Bank Corp
Wcstinghouse
24
50
17
4Vt
46
38
&6V4
44
48
38
38
35
MUTUAL FUNDS
Price until 10 a.m. PDT today
Bid Asked
I; Affiliated Fund 8.03 8.68
! Atomic Fund 4.76 5.19
;' Blue Ridge 11.81 12.01
Bullock 13.32 14.60
; Chemical Fund 11.04 12.01
j: Colonial Fund 11.48 12.55
tj Comw. Inv. 9.84 10.75
Diver Growth 8.62 9.45
'Dreyfus 17.09 18.58
'- E & H Stock 13.75 14 86
Fidelity Capital 6.57 9 32
Fidelity Trend 13.98 15.20
Fundamental 9.76 10.70
F.I.F. 4.30 4.71
Founders Fund 6.12 6.65
Group Sec Com 13.31 14.57
Gr Sec Avia El 6 B8 7.55
Hamilton H D A. 4.93
Hamilton C-7 5.05 5.53
. Investors' Group
'y Intercontinental 6.15 8.64
i Mutual 11.53 12.64
- Stock 18.76 2028
Selective 1041 11.14
Variable 6B1 7.36
;1 Keystone S I 21.87 23 86
j Keystone S-3 14 87 16.21
. Keystone S-4 4 22 4.81
:.M1T. 14 69 18 05
M I T. Growth 80. 1 8 83
Nat'l Inv. 15.12 16 35
Nat'l Sec Div 4 19 4.58
Nat'l Sec Growth 7.79 8 51
Nat'l Sec Stock 7.91 864
I'ulnam Fund 15 00 16 30
Putnam Growth 8 71 9.52
Shareholders 11 08 12.11
Supervised Inv Scrv 7.4.1 8.10
. '. l ulled Accum 14 45 15 79
t inted Continental 6 89 7.53
!; I -iiilcd Income 1226 13 40
k I nited Science 6 65 7.27
; Value Lines 5 35 5.85
Wellington 14 .17 15.66
.'Whitehall 13.54 H.64
Groins
CHICAGO lUPIi-Grain range
High Low Close
I
1.83 184 184-
1.86 1.66 1 66-
1.92 1.91 1.92-
194 19.1 1.94
.67 .66 .66
.67 .67 .67-
.70 ,69 .70
.71 .71 .71
1 27 1 26 126
1.29 1.28 128-
131 1.30 1.31
Wheal
Jul
Sep
Iec
Mar
Oati
: Jul
', Sep
: Dec
; Mar
: Jul
Sep
and FINANCE
WALL STREET
NEW YORK (UPIi - Strength
in sugar issues provided the
48 'i
64 '4
excitement in today's steady
dull stock market.
Gains in the sugar shares were
46li
triggered by another spurt
18',
120H.
sugar futures. Amalgamated
Great Western, American and
Central Aguirre were up at least
50'
1 each. Trading in other shares
56 Vt
16'i
29i
52
30i
35H
43 V,
63
93
dwindled to the quietest of
week.
Steels held steady. Chrysler out
performed a generally firm auto
section despite news that prnduc-l
tion this week is scheduled slight
ly below last week. Union Car
bide weakened In the chemicals
but Diamond Alakli moved higher.
Wall Street Cliattrr
NEW YORK (UPII Rov 3ra
dy of J. W. Sparks 4 Co. believes
tlio next upward move will be led
by secondary and possibly spec
ulative securities.
It is Brady's impression that
the more lucrative gains over the
coming months may be shown by
the general list rather than (lie
better grade issues. "However,"
Brady says, "with the absence
of leadership, pressure on blue
chip and quality issues and re
cent weakness in a number of
growth stocks, wo feel it pru
dent to await a better market
climate before making any near
term trading recommendations."
Clark, Dodge & Co. Miys that
the recent break in the market
does not necessarily mean that
stocks are in for a full-fledged
correction. It sees it more as a
clean up of the stalemate of the
past two months.
International Statistical Bureau
Inc. notes that life insurance
companies operations nave
shown a most favorable trend. It
says premiums are expected to
show improvement as a result of
expanding population, gains in in
come, and a favorable mortality
rate. "While competition from
other insurance companies acci
dent, casualty will gain, life in
surance companies at this time
continue favorably situated for
long-term growth," the company
says.
LIVESTOCK
PORTLAND tUPII-(USDA) -'
Weekly livestock:
Cattle 2000; high good choice
slaughter steers 25; mixed good
choice 935-1075 lb 24-24.65; stand
ard-good Holsleins 20-21.50; high
(good-choice hellers 23-23.25; can
45 ner-cutter cows 10 - 13.50; utility
105 commercial bulls 18-20.75.
Calves 280; good-choice vealers
23-26; utility-standard 18-22; high
medium-good feeder steers 24-27.
Hogs 1125; 1 and 2 barrows and
gilts 19-19.50; sows 15-16, heavier
9-10.
Potatoes
PORTLAND (UPI) - Potato!
market:
Steady; Calif. Long Whites 3.00-
3.25, some best 3.75-4.00, sized 2
oz spread 4.50-5.25; bakers 3.25-
3.50; 1 Inst fine qual. 5 00; lU.S.
No 2s 250-2.75; Round Reds 3.25
3.50; size B 2.75-3.00.
Stocks
LOCAL SECURITIES
Prices until 11:30 a.m. PDT today
Bid Asked
63 66
25 27
10 11
244 26
33 35
66 70
24 26
31 33
4 4
34 36
1 1
25 M
26 27
77 81
2.1 25
30 32
Bank of America
Cal Pac Util
Con Freight
Cyprus Mines
Equitable S & L
1st Nat'l Bank
JanUen
Morruson Knudsen
Mult Kennels
N.W. Natural Gas
Oregon Metallurgical
PRE
PP4L
U.S. Nat l Bank
West Coast Tel
Weyerhaeuser
Old Photos
Requested
ASHLAND-Officials of (he Ore
gon Shakespearean Festival are
seeking pictures of part festivals
lo lie used In a commemorative
volume lo be published next year
as one of the several projects
under way for celebration of
Shakespeare's 400th tinhday an
niversary. Pictures may include scenes of
Chautauqua days, views of prep-
aiaiiona during (lie IMOs, por
traits of aclors rehearsing or In
performance, and unusual shots of
people involved wilh (lie theater's
beginning and development.
Any such photographs will lie
gialefully received, according to
festival officials. Donors should
mark tlieir name and address on
Hie back of each picture with a
soft lead pencil; clip it to a sheet
with all Identifying (acts and mail
lo Public Relations Office. Ore
gon Shakespearean Festival, Ash
land, Oregon.
All possible care will be taken
of those submitted and they will
be returned at (lie earliest ihis-
Court Sets
Trial Dote
For 2 Men
only
1963
Wilbur Hixson, 42, and Perry
Chocktoot, 30, each serving 6ix
and one-half year prison terms
and
in the state penitentiary for act
ing in complicity in the theft
ir
of two horses, have been re
turned from the state peniten
tiary to the Klamath County Jail
lo appear at a hearing for a new
the
trial set for July 1 in circuit
court.
Earlier this year, Hixson and
Chocktoot were indicted by the
grand jury for the larceny of
two horses belonging to a Bealty
rancher. They were convicted by
a ciricuit court jury June 9
and June 12 were sentenced to
the prison terms at the peniten
tiary.
The attorney for the two men
- 'states four reasons why his clients
should be allowed a new trial.
First, he charges that the dis
trict attorney improperly made
mention of the criminal records
of the two defendants
Second, the district attorney im
properly argued to the jury con
cerning the failure of the code-
fendant, Chocktoot, to allow his
wife to testify, which right is
guaranteed by the laws of this
state, the motion states.
The request states further that
the district attorney improperly
referred to a statement given by
a witness, Robert Huitt, and
marked for identification an ex
hibit for the state that was not
admitted into evidence.
Finally, the district attorney
improperly made reference to the
failure of the state's witness,
Robert Huitt, to testify by his
seeking immunity under the pro
visions of the fifth amendment."
As a further reason for the
granting of a new trial, the mo
tion states that Judge David Van-
denburg "failed to give certain
instructions to the jury, as re
quested by the defense attorney.
I he lailure to do so affected the
rights of the defendants to a fair
trial, it declared further.
Ellis Plan
Fun Night
An "Evening in Paradise,"
fun-night for the entire family is
planned by Klamath Falls Lodge
No. 1247 BPOE, Saturday, June
29.
The program starts at 6:30 with
an hour show and coke bar for
children upstairs, a no-host social
hour for the adults downstairs,
and a Hawaiian Luau on the
parking patio, 7:30 lo 9:30 at
nominal charges.
There will be free dancing by
Baldy and his "Hawaiians" at
9:30.
Dress will be Informal, Hawaii
an shirts and muu muus.
Other events coming include a
regular lodge meeting July 11,
the big annual Elks picnic at the
Malin Park, Aug. 4 and an Aug.
8 lodge meeting.
Final Rites
Saturday
Services for Eldon iStubi Leon
ard Dean of Prospect, Ore., a
lormer resident ol Klamath
Falls, will be held at 2 p.m.
Saturday, Juno 29 from the
Memory Gardens Funeral Home
in Med ford.
Mr. Dean. 46, died June 26 fol
lowing a heart attack. He was a
native of Waklron, Ark., born
Jan. 13. 1917. He was a self
employed logging trucker.
Survivors include tlie widow
Glee, sons, Larry, Randy and
Gary, all of Prospect, Eldon of
Chiloquin; his mother, Mrs. Nealy
Dean of Medlord; a brother,
Charles of Prospect; three sis
ters, Mrs. Robert Padgett, Cen
tral Point. Mrs. Wayne Griffith,
Prospect, Mrs. Charles (Mildred'
Axel. Klamath Falls; three grand
children and nieces and nephews.
Obituaries
PLANK
ftcMrf L Plank, a. uta (if Blv. (!f1 In
laMvivr Junt ?t Survlvtd hv w' Po
qv. Blvl lorn. Mlcharl and Richard
Piank, La llaliin. all et Ply; dauahitn.
Mn La Andarion, Snn PrancW0, Mr
Alvln Jk'on, Klamath Fall. (Pur
Of.indfhil.lran, father. fr1 Plank.
Pa.k.hv.a. Pa; (ff, Vr 4 a f k
Sandeiv Panniylvaflla StrvK will h
hf-ld Saturday, Juna 7 D tP Oulv
Otttrman Chapal. Lakavlaw. Informant
Vlttrana pint in Odd f-tlldvvk Ctmalfry.
Laktviaw Committal prlyatf
Wait for the BIG One!
Shoe Warehouse1
Gigantic Overstock
SALE
Starts Monday, July 1st!
Mtn's Wemtn'i Children's work, drn and plor ihe . . .
nationally dvtrttitfj brcndi itnijttonl iTini!
SHOE WAREHOUSE
230 Main
!cl ..V-;'t F'Ai j il
MOTHER'S HELPER Donna Graham, 17, has summer employment in the family of
Mr, and Mrs, Lee Allen, where a new daughter joined two brothers and a sister on
June 7. Donna, the daughter of Mr. and Mrs. Don Graham of 1760 Summers Lane,
registered at the Oregon State Employment Office for work and was placed one day
later. Donna Is holding infant Rollene, watched by brother Richard, 3, sister Renee, 2,
and rear, Julius Guintoni, employment interviewer. A fourth child in the family, Rob
ert, I, was asleep. Allen, a lumber company employe, heads the committee or repre
sentative groups, which is assisting In coordinating employers and young people in
need of work.
State Defense fund
SALEM 1 UPI i Federal funds
approved Thursday for five coun
ty civil defense organizations may
be withdrawn because matching
funds to bolster tile state agency
were denied, Stale CD Director
Robert Sandstrom indicated. '
"The stale will probably not be
able to administer the matching
fund program on counties which
also made application," Sand
strom said.
Regional Civil Defense Director
Charles C. Ralls said the state
agency did not qualify for federal
funds.
The legislature slashed the
agency to a three member coordi
nating staff attached to the gover
nor's office.
Before the cutback was ordered.
Oregon had an 18-membcr CD
staff. Gov. Mark Hatfield had ask
ed funds for a 20-member staff
The notice from Ralls thnt the
Two Youths
On Wild 3-Hour Chase
Two 17-year-old juveniles who
led city police on a three-houri
chase through backyards and
fields in tlie Newcastle and Man
zanita streets area were appre
hended early Thursday morning,
and charged with violating cur
few.
Tlie youths were lodged in the;
city jail on orders from thC
county juvenile office.
Police received a wave of calls
between 1 and 3 a.m. Thursday
Irom residents in the area com
plaining about prowlers.
When patrolmen arrived at the
residence of Mrs. A. L. Moore.
935 Newcastle, shortly after re
ceiving a prowler call they spot
ted a suspect's car speeding away
District Court
Judge Named
Judge Joseph .1. Thalhofer of
Deschutes County will serve on
the Klamalh County District Court
liench from July S to July 1,1 while
Judge Robert B. Kerr is on vaca
tion, II was reported today.
The appointment of Judge Tlinl
hofer lo tlie temporary assign
ment was disclosed in a letter
lo the munty clerk from Chiel
Justice William M. McAllister
The continuance ol district
court business while Judge Kerr
is away from the bench is "to
promote the more sjvedy and ef
ficient administration of justice
in the district court." the letter
stales
Aluminum Awnings
local TU 4.(196
Term! to Suit
ARALUM
Window
& Door
I .IJIiiHi. IUMB,
MaJLaVtaatiMitUAM
Ph. TU 2-5434
tale agency would be denied fed
eral funds also said funds had
been approved for five counties
"subject to the submission and
approval of a revised stale pro
gram. 'One requirement that must be
stated in (he resubmission is the
state's intent to administer the
approved county programs," Halls
said.
Sandstrom said the final deci
sion on whether the slale would
supervise the county programs
would be made by Hatfield
sometime next week."
He said he would call the five
counties "to determine what it
means to them if we do not ad
minister the program for them
Matching funds were approved
for Benton, Linn, Umatilla, Polk
and Washington counties, with the
condition that the state provide
supervision.
Lead Police
down Newcastle. Police gave
chase, but were eluded by I he
driver. Tlie license number was
taken, however, and the patrol
men returned to tlie station to.
check the vehicle registration
Shortly after, Mrs. Moore called
and said the prowlers were
back. In the' second time around,
patrolmen chased down and cor
nered one of the youths alter a
harrowing run through backyards.
undr clothes lines and over
fences.
Tlie second youth escaped again
by hiding - in a field in tlie
area. The enlire neighborhood,
was awakened by this lime, hnw-l
ever, and keeping "tabs" nn the
other youlh.
Tlie police phone jangled again
at about 3 a.m. and the boy was
reported hiding on a garage roof
at 2019 Manzainla. Police raced
out to Hie scene, surrounded the
garage and quickly nabbed their
susjiecl.
Residents. Ihen, quietly went
hark to sleep.
KAGO
1150
ON YOUR DIAL
PROUDLY
ANNOUNCES
Lucky
Family
CHECKBOOKS
ARE COMING
YOUR WAY
STAY
Tuned To
KAGO
FOR FURTHER
. INFORMATION
Lucky Family
CHECKBOOKS
Shaky
In addition, Polk and Washing
ton counties were told "if their
performance ... is not improved"
before the next year, they would
be denied further federal aid.
Sandstrom said he talked to
Benton County authorities, and
was told loss of federal matching
funds would amount to about
$2,900.
No mention was made in Ralls'
report of any funds for Multno
mah County, or the city of Port
land. They are dropping civil de
fense July I.
Sandstrom said some counties
would not make a decision on
whether to drop civil defense until
today, the last business day of the
current fiscal year. He said in
addition to Portland and Multno
mah County, Klamath, Lincoln,
Deschutes and Lane counties have
already decided to drop or reduce I
civil defense budgets.
albcw the west
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conclusion that Valiant is the best all-around
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BEST ALL-AROUND COMPACT ANYBODY HAS COME
522
State Supreme Court Declares
Forest Fire Tax Constitutional
The one cent per acre forest
fire protection tax levied against
some lands in Eastern Oregon
has been declared constitutional
by the State Supreme Court.
The tax is assessed on grazing
land and docs not include forest
lands which has a higher tax
levy, Hie Klamath Forest Protec
tive Association at Klamath Falls
reported Friday.
Tile validity of the tax was
tested in an appeal by Robert
Sproul and J. F. Walton both
of Grant County; they argued that
it was unconstitutional because
assessments were not made on
Fire Starts
At Merrill
MERRILL The Merrill Fire,
Department was called at 5:15
p.m. Wednesday to control a fire
which started when a rock crush
er caught on fire several miles
west of Merrill,
Pavitt Newnham, who works at
the crusher, said he had been
burning weeds near the machine
but thought the fire was extin
guished when he left. About 15
minutes later he noticed smoke
coming Irom the crusher, and
when he and Mrs. Newnham
reached the scene, the crusher
burst into flames.
They kept the blaze under con
trol with buckets of water from
Hie house until the fire depart
ment arrived. Damage to the
crusher was minor.
Registrations
For Camp Due
Registration for 4-H Summer
Camp will close -Monday, July 1.
The camp, lo be held at the
Crescent Lake Organization camp.
is open to boys and girls age 9
through 12 and will be held July
14 through July 20.
Registration can be made at
the 4-H Club office.
People Read
SPOT ADS
yoy art new.
ywrn.Mii iii i jnTII crrm''"ms' iffljj"
JIM OLSON MOTORS,
So. 6th St.
the basis of true cash value, as
required by the constitution.
But the court ruled that the
tax came under the state's police
4 Officers
Charged
(Continurd from Page 1)
"youth was in jail." If Gallagher
was in jail, the district attorney
said he had no knowledge of why
the youth was there.
The lawsuit states specifically
how each of the four defendants
allegedly contributed to Gallagh
er's being detained in Jail "with
out any legal right."
The complaint states that Web-
Iwr "had Gallagher transferred
to the Klamath County Jail by
Youngblood and reports further
that sometime later he inter
viewed the plaintiff in jail and
reported his detention to the dis
trict attorney. Therefore, t h e
suit charges, Webber and Crab-
tree "knew or should have known
that this plaintiff was detained
in complete absence of his right
and was falsely imprisoned."
It charges further that Sheriff
Bntlon knew "at all times that
the plaintiff was held and knew
or should have known that he
was held wilhoul any legal proc
ess or rights being afforded to
him.
It resumes: The sheriff con
tinued "to hold the plaintiff in
complete absence of his legal
rights."
The complaint also cites that
Youngblood "knew he trans
ferred and lodged Gallagher in
the county jail without making
any arrest or charge and that by
virtue of his knowledge the sheriff
also knew that the youth was
being held without being arrest
ed or charged."
IF YOU NEED ADVICE
IF YOU'RE SICK . . .
FOR INCOME TAX . . .
If You Need
Insurance
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GQEN-BROOKS
Insurance Agtney
631 So. 6th
Phona TU 4-322
STAN BILL
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Your AuthOfifM Plyrpnuth.Valiant Daa'ar-j Warranty
ai'Hl dafpctl in mater. af and Orhmannto on 143 rtr
ha oan oxpandad lo includa parti replacamont ar riot.r,
without Chi, pa lor rpqu.rad pari! or labor, lor 5 yaara or
Mono mila. whichaver comes first, on th engine block,
haad and internal parts; transmission ease and Internal
parti (esctuding manual clutch): torque converter, drive,
shaM. universal jomti (esclud-ne. dust covers), risr ane
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to the Plvmouth-Vilunt Certified Car Ci-e icheduiei.
power of protectinj public health,
welfare and safety, and not Ms
taxing power.
The court said, "The constitu
tional provision requiring uniform
ity of taxation does not restrict
the slale in its exercise of t h e
police power as distinguished from
its taxing power.
"The primary purpose is not to
raise revenue but to directly pro
mote tlie public welfare. The one
cent per acre levy was solely for
fire protection." it said further.
The court said that tlie stale
can serve to benefit the public
welfare either by regulation or by
applying its taxing power to all
of the people and property of the
state.
The constitutional limitation of
equal application of taxes must
be observed, the court cited. But
it concluded that if the stale de
cides to use regulation to protect
the public welfare, the costs of
such regulation may be assessed
on the people and property af
fected by the regulation.
Post Sponsors
Sale Of Flags
MERRILL More than 40 busi
nesses and nrganlzalions have
liecn contacted by the Merrill
VFW Post 4036 in connection
with its flag sale. Volunteers are
now installing the. brackets.
The post is sponsoring the sale
to encourage more people to dis
play flags on recognized days.
Tlie cost for the service is $5 a
year, and the money will be
used lor Mag maintenance.
. . . See Your Lawyer
. . See Your Doctor
See Your Accountant
0
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WARRANTY
UP WITH YET!
INC.
Klomoth Falls, Ort,
xec
sible time.