Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (July 11, 1963)
PAGB 4 A HERALD AND NEWS, Thuriday, July 11, IMS Klamath FilU, Ore. MARKETS and FINANCE Stocks NEW YORK STOCKS By United Press International AiUed Giemical Alum Co Am American Air Lines American Can American Motors AT&T American Tobacco Anaconda Copper Armco Santa Fe Pfd. Bendix Corp Bethleliem Steel Boeing Air Caterpillar Corp Chrysler Corp Coca Cola C.B.S. Columbia Continental Can Crown Zollerbach Crucible Steel Curtiss Wright Dow Chemical Du Pont Ea9tman Kodak Firestone Ford General Hieelric General Foods General Motors General Portland Cement Georgia Pacific Greyhound Gulf Oil Homestake Idaho Power I.B.M. Int Paper Johns Manville Kennecott Copper Lockheed Aircraft Martin Merck Montana Power Montgomery Ward Nat'l Biscuit New York Central Northern Natural Gas Northern Pacific Pac Gas Bloc Penney J.C. Penn RR Permanente Cement Phillips Procter 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. Sun Mines Texas Co. Texas Gulf Sulfur Tr Pacific Land Trust Thiokol. Trans America Trans World Air Tri-Continental Union Carbide Union Pacific United Aircraft United Air Lines U.S. Plywood U.S. (Rubber U.S. Steel United Utilities West Bank Corp Westingliouse 67'i 26'j 46 18 121 283,i 491. 55 29 51',: 457 59 S3 62 29 47 50 21 21 59 Vj 243 Vt 108 'i 34 51 79 81 70 20 51 40 47 51 39 434 29 47 72 55 19 94 31 37 53 21 50 46 32 41 19 16 52 77 69 42 59 44 69 53 3fi 14 65 591 WALL STREET NEW YORK (UPD - A last minute burst of selling managed to chip away all the market's early gain today, leaving the list lower. Chrysler weakened in a mixed motor group despite news that auto production this week is sched uled 10.5 per cent ahead ot last year. Du Pont weakened in the diem icals. Steels were nerrowly mixed Some electronics moved down from their highs. Loral improved after receiving $3.7 million in new Army contracts. Some metals, drugs and sugar slocks moved higher. Polaroid and Xerox rose around 4 and 2, respectively. Wall Street Chatter NEW YORK (UPD - Goodbody Co. says that both the equity and money market may now be well prepared for an increase in the federal reserve discount rate, which lias been widely rumored in recent weeks. "An increase to anything less than 3 per cent from the pres ent 3 per cent would probably be anticlimactic. However, such ac tion is not likely to put a damp er on business activity, particular ly if it comes during the pres ent seasonal lull in the demand for loans. Rather, an increase m the discount rate would relate more to our international balance- of-payments position and improve the attractiveness ot the U.S. money market in world capital movements, Goodbody said. Standard & Poor's recommends maintaining a cautious attitude toward the near-term outlook for the stock market based on the belief that recent firming of pric es may prove technical in nature. Standard says it is best to hold some reserves. "Strictly long term investment positions need not be disturbed." United Business Service believes the market is on solid footing be cause of good business, ample credit and the absence of specu lation or large public partici pation. Jury Gets Ochiho Murder Case; Judge Denies Acquittal Motion The Zelma Ochino murder cat owned the house on Commerical went to the jury early Thursday Street, took the stand, afternoon. j During Mrs. Ochiho's testimony, Both tile prosecution and the: the accused woman stated that defense attorneys wound up their I she had entered the outside screen final arguments just prior to noon Thursday, and the judge's final instructions preceded jury deliberation. In closing arguments, the prosecution hammered at the fact that Die defense had not called witnesses who could have corrob orated the accidental shooting door of the house, and had looked through the window of the liv ing room door before knocking and entering the house proper. She told the jury she had looked through the window of the door and saw "Eddie Dailey in the kitchen." However, Mrs. Dailey testified. plea relied upon by Mrs. Zelma tnot lhe,e was no window in the LIVESTOCK (USDA) - PORTLAND (UPD Livestock: Cattle: 25. No test of strength. Hogs: 50. !Few sales barrows ggiand gilts Is and 2s steady 20. Few ytyi ana J zwkro in. m.w-ia. anecp: is. omaii 101 mostly choice spring slaughter lambs steady at 19.25. Ochiho, known (o her friends as "Turkey Feathers.' The prosecution made sharp reference to Mrs. Ocluho beuig tile only witness for the defense to her demeanor while on the stands such as laughing, joking and bragging about being a good drinker, and to her cieditability as a witness. He referred repeatedly to two pieces of evidence which contra dicted the accidental shooting plea. These were the finding of a cartridge casing outside the front door of the house that was traced to tiie rifle used in the slaying, and the discrepancy in Mrs. Ochi' iio s statement about seeing through the door into the living room when Mrs. Eddie Dailey testified you could not see through the door, that it contained a mirror in place of a glass pane. The defense scoffed at the slate's case, termed attempts to prove a love triangle as the cause of Die killing as "baloney and innuendo," cited contradictory statements by witnesses present ed by the state and told the jury that the state itself had corrob orated tlie testimony of Mrs. Ochiho. Circuit Judge Donald Piper opened the Thursday proceedings by denying several previous mo tions by the defense, one for a directed verdict of acquilal and another for striking first and sec ond degree murder from subse quent instructions to the jury. Details on the cartridge casing were brought out in the Tues day presentation of the case. The second contradictory piece, of evidence was introduced as the last act of the trial proceedings on Wednesday. After a 30-minule recess to en able the state In secure an addi tional witness, Mrs. Mabel Dal 72 14 22 22 51 18 46 104' 40Ti 47 37 87 45 46 38 39 36 MUTUAL FUNDS Prices until 10 a.m. PDT today Bid Asked Affiliated Fund 8.12 8.78 Atomic Fund 4.65 5.08 Blue Ridge 11,89 12.99 Bullock 13.46 14.75 Chemical Fund 11.27 12.26 Colonial Fund 11.57 12.64 Comw. Inv. 9.92 10.84 Diver Growth 8.79 9.63 Dreyfus 17.33 18.84 E t H Stock 13.93 15.05 Fidelity Capital 8.71 9.47 Fidelity Trend 14.31 15.55 Fundamental 9.90 10.85 F.I.F. 4.36 4.77 Founders Fund 6.19 6.73 Group Sec Com 13.40 14.67 Gr Sec Avia El 6.98 7.66 Hamilton H.D.A 4.95 Hamilton C-7 5.07 5.54 Incorp Inv. 7.10 , 7.76 ICA 10.5 11.53 Investors' Group . Intercontinental 6.10 6.69 Mutual 11.48 12.41 Stock 18.96 20.50 Selective 10.43 11.15 Variable 689 7.45 Keystone S-l 22.03 24 06 Keystone S-3 15.00 16.36 Keystone S-4 4.2.1 4.62 M.IT. 14 82 16 20 M.IT Growth 82.1 8.99 Nat l Inv. J5.38 16.63 Nat l Sec Div 416 455 Nat' I Sec Growth 7.96 8.70 Nat'l Sec Stock 7.99 8.73 Putnam und 15.10 16 50 Putnam Growth 8 80 9.62 Selected Amer 9.76 10.56 Shareholders 11.02 12 04 Sup. Inv Scrv 7.50 8.17 United Accum 14.64 16.00 United Canada 18,14 19.72 United Continental 6.95 7.60 United Income 12.42 13.57 United Science 6.80 7.43 Value Lines 5.38 5.88 Wellington 14 54 15.85 Whitehall 13.65 14.76 Potatoes door, but rather a mirror which she had put there. She told the court that she had put the mirror on the door. with wooden strips. The defense brought out the fact that she was; in California the night of the shooting. Attorney for the defense gucd, "You didn't know, then, the condition of the door the night of the shooting?" While she admitted this was true, she testified that the mirror was still on the door when she returned. The issue was vital to the case! since Mrs. Ochiho has main tained that she opened the door with her left hand while carry ing a rifle in her right and that she then closed the door with her right hand and that in this process the rifle fired the fatal shot that killed Mrs. Huitt. Under hammering questions bv the prosecution Wednesday after noon Mrs. Ochiho admitted on the stand that she had used at least 10 other names besides Mrs. Och iho at various times, that she had been convicted of crimes by the state including drunken driving and drunk on a public highway tnat she had purchased bootleg liquor on at least two occasions and that she had aided Mrs. Hu-i itt in securing drinking money from her trust officer by lying to him that they needed the money to turn on the utilities at house owned by Mrs. Ochiho. She also admitted under ques tioning that she had asked Otis Washington to drive her to Cali fornia (Alturas) on several occa sions. Once it was to have been a trip with her ex-husband, and once alone. She also agreed that Mrs. Huitt did not know that she was plan ning to go to ban Francisco and have Washington drive her down ley, wife of Eddie Dailey whounlil Mrs. Ochiho informed her Grains ' CHICAGO (UPD-Grain range: High Low Close Wheat Jul 1.82 1.79 1.79-1.80 Sep 1.84 1.81 1.81- Dec 1.89 1.87 1.87- Mar 1.92 1.90 1.90 May 1.87 1.84 1.84 Wheat (new) Jul 1.63 1.61 1.61 Sep 1.64 1.62 1.62 Oats Jul .67 .68 .66 Sep .69 .67 .67 Dec .72 .79 .70 Mar .73 .72 .72 May .72 .72 .72 Rye Jul 1.211 1.26 1.26 Sep 1.31 1.29 1.30 Dec 1.35 1.33 1.337i-1.34 Mar 1.36 1.36 1.36 May 1.35 1.34 1.34 A lolal of 31 fire-fighters fought over three hours to contain a 30- acre grass lire that raced rapid ly up Hog Back as it was fanned by winds Tuesday at 2 p.m. The fire was slopped at the fire-break on the cast of Hog Back as firemen from OTI cached the fire-break at the same time the fire did. Paul Nichols, KFPA, said if the fire was not cut off at the break it would have been very difficult to handle. Nichols said it was the first time in a number of years that fire crews were able to slop-Hog Back grass fires CHICAGO lUPD-Cash grain: Wheat 1 red 1.85; 1 red tuff 1.83; 1 hard 1.97; 1 yellow hard 1.96. Corn 2 yellow 1.30. Oats 1 extra heavy white .70R Rye 2 plump 1.29N. Barley malting 1.23-1.30N.; feed .94-1.04N. Soybeans 1 yellow 2.67-, track Chicago. Stocks LOCAL SECURITIES PORTLAND (UPD -Potato market: Steady; Calif. Russeta 4.75-5; Long Whites 3.15-3.50; come best 3.B5-4.00, sized 2 oz spread 4.50 4.75: bakers 3.50-3.75; U.S. No 2s 2.50-3.85; Round Reda including Sz. B 3.25-3.50, Prices until 11:30 a.m. l'DT today Rid Asked Bank of America 64 67 Cal Pac Uti! 25 27 Con Freight 10 11 Cyprus Mines 24 26 Equitable S & L 33 35 1st Nat'l Bank 66 70 Morrison Knudsen 31 33 Mult Kennels 4 5 N.W. Natural Gas 35 37 Oregon Metallurgical 1 1 PGE 2fi 27 PP&L 26 28 U.S. Nat'l Bank 77 81 West Coast Tel 23 24 Weyerhaeuser 32 34 Obituaries INAPP ftobtrt Jamaa S.iapp Jr., as. rjlad ntar Kiamain raiu July 10. Itj. Survlvon WHa, Miry, Alkan, IC.i ion, Robtrt 0. Saattl.. W.lh.i dauoMar, Mrl. William B. Jortntort, Alhan, I.e.; alitara, Kathlaan Snapp, Alaitandar, Va., and Mr. William Bond. Farmmoton. N M.f mothar, Kalhar. Ina Snapp. Alaianoar, Va ; alto two oranoennaran. r-unaral larvlcai and taimanl will taka placa al VcGahav. villa, Va , al a lalar data. Ward'l Klam 11 P'.'naral Moma in cnaroa. 37 Baffle Hog Back Blaze at the break. Fire units respond ing to the call included KFPA, the county and suburban fire de partments, OTI, and the county lire warden. Also assisting in water drops was an old Navy TBM torpedo air craft owned by the Klamath Air craft and piloted by Richard Har dy. The grazing land consumed by the flames was owned by the Cunningham, Campbell Ranch. The fire was first discovered by Mrs. Paul Nichols, 4837 Onyx Street. It was presumed that the blaze was started by a group of youths hiking along the lull. 0.' that sometime on the afternoon of the day in which the shooting took place. Shortly after, she testified, Mrs. Huitt asked if she could go along, and she said that it was agreed that she would go and that the two would then go on to Hawaii. Mrs. Ochiho said she remem bered nothing between the time that the shot was fired and the gun was taken away from her hv both Washington and Eddie Dailey. However, the prosecution, de spite repeated objections from the defense, all of which were over ruled, went hack through the final staees of the shooting and point ed nut how clearly Mrs. Ochiho could remember getting out of her car at the Commerical Street ad dress DUtting on her coat, un loading the rifle, putting t h e shells in her Docket, going into the house, rapping on the door, nneninif the door wun ner leu hand, closing the door with her ight as the gun fired, but could not recall anything Horn tnat mo ment until the gun was taken from her. It was only a split second be fore they both jumped me," she replied. The prosecution pointed out that Dailey had been in the kitchen and Washington sitting on the divan next to Mrs. Huitt, and that it would have taken several seconds for them to get to Mrs Ochiho. The prosecution also hammered the fact that she did not inquire whether the shot had hit anyone, but only asked that they give her rille back. As the testimony of the trial closed with Mrs. Dailcy's stand appearance, the defense made two motions, one for a directed verdict of acquittal, and failing that, asked that first and second degree murder be withdrawn from consideration of the jury. The motions were argued and Judge Piper took them under advisement as the day ended. Death Takes R. J. Snapp Robert James Snapn Jr., 65, 01 Amen, s.u., died lollowing a heart attack as he was being brought by ambulance to Klam ath Falls from Crater Lake. He was stricken about 7:50 a.m. Wednesday. Mr. and Mrs. Snapp and a son Robert, of Seattle, whom they had been visiting were at Crater Lake when Mr. Snapp became ill. He was taken by U.S. Forest Service ambulance and was trans ferred to Peace Ambulance for the remainder of the trip to Hill side Hospital. He was dead on arrival. Ward's Klamath Funeral Home was in charge of arrangements to ship the body cast. Services will be in McGahevsville. Va. rmm .1 1 111 urn m.l.mj-- """ f ' ( - . J I 1 IB' - II - js .. St '- t . j . ..xaJ' '1. O.k r, NEED FOR KLAMATH CLEAN-UP County Health Officer Dr. Seth Kerron and county sanitarians, Willard Ostlund and William Dorland, made an inspection tour of some of the alleys in the downtown area Tuesday in conjunction with National Clean Up Week, supposedly being observed in Klamath Falls this week, and found the alleys "in deplorable condition." The same condition with garbage strewn in the alleys and stench from unwashed garbage cans was also evident in the suburban area, the health officials said. Merchants and private citizens are urged to clean up and take advan tage of the free dump day at the city dump Friday, July 13. Festival Booklet Ready ASHLAND Synopses of this season's four Oregon Shakespear ean Festival productions are now available through the Festival's Tudor Guild auxiliary. The scries of booklets offers the stories of the 1963 productions of "Merry Wives of Windsor." "Romeo and Juliet," "Love's Labour's Lost," and "Henry the P'ifth." Presented in entertaining nar rative form, the series is pub lished through the courtesy ot author Marchetle Chute and Har court, Brace, and World, Inc. The pamphlets are priced at 25 cents each plus five cents each 'or postage. They may be purchased by writing "Tudor Guild Gifts," P.O. Box 463, Ash land, Ore. All proceeds from the sale of the synopses directly benefit the Tudor Guild's scholarship fund for Oregon Shakespearean Festival actors. Idea Given UNIVERSITY PARK, Pa. (UPD The fewer the clothes the bet ter work an automatic washer docs. That's the opinion of manu facturers and Helen Bell, exten sion home management specialist at Penn Stale Miss Bell said researchers found washing is more effective with loads two to three pounds lighter than recommended. She said the smaller load gives clothes more chance to move about freely and create more friction. Cowboy, 17, First Entry In Rodeo A Palo Cedro, Calif., boy is' the first to officially enter compe tition in the ninth annual Basin Junior Rodeo to be staged July 20-21 at the Klamath County Farigrounds. Allen Jones, 17, of that city, will enter the bareback compe tition, steer riding, one-fourth and one-eighth mile races and the cutting horse contest. His application was received this week by Juanita Stoehsler, secretary of the Basin Junior Ro deo. There will be a performance each day starting at 12:30 p.m. for the cutting horse event. The grand entry will he at 1 p.m. Buys and girls from 8 to 18 are eligible to register. Blanks are at Charlie Read's Saddlery, Freeman s Saddlery, Albers Feed Store, Drews' Manstore and the East Main Shoe Shop. All entries and fees must be in the rodeo of fice not later than July 16. Events in the senior division in clude saddle bronc riding, hare back bronc, steer riding for boys and girls, tie-down calf roping, team roping, girls' barrel race, quartermile race, one-eighth mile race, pony express race and cut ting horse contest. Juniors may enter calf riding for boys and girls, break-a-way calf roping, barrel racing, quarter-mile race, one-eighth mile race, Shetland race, cutting horse con'-lest. There will be a special family learn roping contest for either parent and son or daughter. All-around senior and junior cowhands will each receive a saddle. The all-around cowgirl will win a trophy and buckles will go to the winners of average in each event. A $300 added purse is up for prize money. Address all entries and com munications to Rte. 1, Box 618, Klamath Falls. When they form raiding col umns to hunt prey, tropical army ants follow a chemical roadway laid down by their leaders. DOWNTOWN OFFICE SPACE Inquire At GUN STORE 714 Main lo".-'- SM'H t'k' I XV ,1 I Sonic cars do this on curves... but Tempest has Wide-Track. Funerals NORTH funaral aarvlcai w Faarl W. North will b. MM FrWay. July 1), al I 30 e m. In O Halr'a wanwial CKapal in tarmant will M In Unkvllla camalary. MOI CravaiMa aarvlcaa lor Ctarica t. Mea will M haw Friday, July II. al 10 JO a m. In Llnhvlllt Camatary, O'Halr'l Ma morlal Chanal In charga. Wheels Hint are farther apart help keep Tempests from leaning all orer the place, help Ihrtn unklnk rurrrs. Tirrd of wallowing and sloshing about? Try our brand. 'r Wide-Track Pontiac Tempest ill I0U AU1H0RIK0 PONTIAC MALE r0 A WIDE CHOICE 0E WIDE TRACKS SriO iOOO USED CARS, TOO, r ECCLES MOTOR CO. 06 SO. TH STREET KLAMATH FALLS 122 iMiiMiai.lialii It's Kirkpatrick's July Selling Spree! Westin EFRIGERAT0RS Our Special Price ONLY $lp and your old refrigerator up to 10 yean old, in operating condition! o e Model RVD01 This model is the popular family size . , . many other models all or similar savings! Free Delivery Free Installation Free Service -- Plus GREEN STAMPS! 50 lbs. of frozen food storage Full width, full depth shelves for maximum storage Special Door Storage for tall bottles, eggs etc, and You can be sure if it's WESTINGHOUSE! SPECIAL! Wesringhouse Loundromar COMBINATION Washer Dryer Uied by 1 owner. Eictllint condition Imide and out. Guaront.od! 225 KIRKPATRICK'S cud Sick dppIictnjcGA 7th & Klamath Ph. TU 4-8886
