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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (July 17, 1963)
PAGE 4-A HERALD AND NEWS, MARKETS and FINANCE Stocks NEW YORK STOCKS By United Press International Allied Chemical Alum Co Am American Air Lines American Can American Motors AT&T American Tobacco Anaconda Copper Artnco American Standard Santa Fe Pfd Bendix Corp Bethlehem Steel Boeing Air Caterpillar Corp Chrysler Corp Coca Cola C.B.S. Columbia Gas Continental Can Crown Zellerbach Crucible Steel Curtiss Wright Dow Chemical Du Pont Eastman Kodak Firestone Ford General Dynamics 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 Elec Penney J. C. 48't 843i 237a 45 17't 120'. 28 'k 47 ',. 54;la Wa 29 5114 30'4 33 ', 44 '2 58 62 46 481 21 20 57 238 ioa',i 33 U 50 24 Va 69 20 li Wt 40 47 51 34 433 28 47 73 52 19 93' 37'i 37 51 21 49' 45 31 41 The remainder of the slock re- port Is not available from New York. MUTUAL FUNDS Prices until 10 a.m. PDT today Bid Asked Affiliated Fund 8.05 8.71 Atomic Fund 4.61 5.03 Blue Bidge 11.19 12.89 Bullock 13.26 14.54 Chemical Fund 11-22 12.20 Colonial Fund 11.40 12.4B Comw Inv 9.85 10.77 Diver Growth 8.65 9.48 Dreyfus 17.02 18.50 E & H Stock 13.77 14.88' Fidelity Capital 8.63 Fidelity Trend 14.13 Fundamental ' 978 F.I.F. IV 4.31 Founders Fund .ll Group Sec Com 13.25 Gr Sec Avia El 6.81 Hamilton H.D.A. 4.90 Hamilton C-7 5.02 Incorp Inv 7.01 ICA 10.46 Investors' Group Intercontinental 6.15 Mutual 11.39 Stock 18.71 Selective 10.44 Variable 6.80 Keystone S-l 21.81 Keystone S-3 14.80 Keystone S-4 4.19 , M.I.T. 14.67 M.l.T. Growth 8.13 Nat'l Inv. 15.20 9'38 15.36 10.72' 4.72 6.64 14.51 7.47, 5.40 7.66 11.43 6.65 12.32 20.22 11.16 7.35 23.80 16.15 4.58 16.03 8.89 16.43 4.51 8.59 8.69 Nat'l See Div 4.13 Nat'l Sec Growth 7.86 Nat'l Sec Stock 7.95 Putnam Fund 15.01 Putnam Growth 8.73 Selected Amer 9.68 Shareholders 10.92 Supervised inv scrv 7.39 ' United Canada 18.10 United Continental 6.85 United Income 12.30 United Science 6.70 Wellington 14.44 Whitehall 13.59 LOCAL SECURITIES 16.40 9.54 10.47 11.93 8.05 19.67 7.49 13.44 7.32 15.74 14.69 Prices until 11:30 a.m. PDT today Bid Asked Bank of America 64 67 Cal Pac Util 25 27 Con Freight 10 11 Cyprus Mines 24 2B Equitable S & L 33 35 1st Nat'l Bank 67 70 Jantzert 24 2 Morrison Knudscn 31 33 Mult Kennels 4 4 N.W. Natural Gas 35 37 Oregon Metallurgical 1 1 PGE 26 27 PP&L 26 28 U.S. Nat'l Bank 77 81 West Coast Tel 22 24 Weyerhaeuser 32 34 Meany Asks Cosioress Aid WASHINGTON (UPI) - AFL ClO President George Meany asked Congress today to lielp tlic n.egro nnd uie same job opportu nities on tho assembly line that he now enjoys on Uie baseball Hold. In testimony prepared (or tltc House Judiciary Committee Meany supported tlic administra tion's request for statutory au thority for Uie President s Com mlttoe on Equal Employment Op portunity. But, he said, the best way to end job discrimination is to pro vide enough Jobs for everyone. "Equal opportunity is meaning less without full opportunity.' Meany said. "The real remed) is Jobs for all." Wednesday, July 17, 1963 Klamath Falli, Ore. WALL STREET NEW YORK (UPI) - Stocks sliowed only mild reaction today to the Securities Exchange Commission's recommendation that floor traders be abolislied on the New York and American stock exchanges. Some of the higner priced more volatile issues such as IBM, Con trol Data and Xerox dropped con siderably on the news. However, a few old line quality stocks like U.S. Steel, American Telephone and General Electric showed lit tle effect. White Motor and Chrysler rose roughly 1 in a higher auto sec tor. Eastman Kodak featured the chemicals, up about 1. Singer Co. toppled around 2 after announcing it will acquire Fridcn for $175 million of stock. Fridcn did not open during the first hour because of an accumulation of buy orders. WALL STREET CHATTER new YORK (UPI)-"The mar ket realizes it faces a difficult test overhead in the attempt to move above the 1963 highs of 726.96 in the Dow-Jones industri als and 176.19 in the rails,' notes Harris. Uplmm 4 Co. Helping sentiment in coming weeks will be the second quarter reports which generally should compare favorably with a year ago. The 19-day breather on the rail strike also Is encouraging. "However, less favorable is the rumor of an increase in some in tcrest rates," the company says Breenan. Cummings & Co, says the present consolidation in tho market probably has a littlel farther to go but should be com pleted without severe impairment of price levels or sentiment. The company believes the next majorl move will be up. "Only the continued very low volume can be cited as a favor able factor as the market con tinues to go through this tedious process of rebuilding," says Bache & Co. However, the bro kerage house says that wilh the; flow of second quarter earnings reports about to reach heavy pro portions it would be surprised if tho current correction carries much farther. LIVESTOCK KLAMATH FALLS LIVESTOCK AUCTION MARKET! I Julv 10 Receipts: All Cattle 186; Calves' 50; Hogs 34; Sheen 72. Last week: CatUo 137; Cntoesl 52; Hogs 21; Sheep 72. Compared Inst Tuesday feeder cattle .50 higher; stockcr calves, and cows with calves steady; slaughter cows steady. Hogs .25 higher. Slaughter Cattle: Cows: Low- Utility, 13.60-14.80; Cutlers, 11.60- 13.25. Stackers & Feeders: Steers: Good - Choice, 575-725 lbs., 23 25.80; Med., 500 - 700 lbs., 21.70- 22.90. Heifers: Good-Choice, 550 - 700 lbs., 22.40-23.50; Med., 540-700 lbs., 20.20-21.75. Steer Calves: Good-Choice, 340- 525 lbs., 25.10-26.90; Med., 340-540 lbs.. 23-24.25. Heifer Calves: Good-Choice, 370- 545 lbs., 22.80-24; Med., 300-450! lbs., 22.10-22.80. Cows: Mcd.-Good, pairs, 187.50- 217. Baby Calves: Good, 39-45 per heart. Hogs: U.S. I & 2 Barrows & Gills, 220-240 lbs., 18.80 - 18.90: Sows, 455 lhs., 11.10; V'caner Pigs, 5.50-9 per head. Sheep: Slaughter lambs, Choice 17.80; Feeder Lambs, Good- Choice, 60 lbs., 14.50-15.50; Slaugh ter Ewes, 4-4.40. Reported by Ray O. Petersen, county extension agent. PORTLAND (UPH-(USDA) - Livestock: Cattle: 150. Cows, canner and cutler mostly dairybred 11-14. cut ters mainly 12-up. Bulls, few low utility 18-19. Not enowih earlv sales steers and heifers to estab lish trading. Calves: 50. Good and choice, 24.50-27. Hogs: 75. Not enough to test trading. Few No. 1 and 2 barrows and gilts 20. Few sows 13-14. Sheep: 400. Spring slaughter iamos, choice and prime 19-19.50. Spring feeder lamlw, choice and fancy 16.50, few lots good and ctioice 14.50-15. Grains HlRh Low Close Wheat Jul 180 1.79 1.80-1.78 Sep 1.83 1.82 1.82 Dec 1.89 1.88 1.88- Mar 1.92 1.91 1,91- May 1.86 1.85 1.86 Wheat (New) Jul 1.58 1.56 1.57 Sep 1.59 1.58 1.59 Oats Jul .63 .65 .6,V- Sep .67 .66 .66 Dec .69 .! .69- Mar .71 .71 .71 May .71 .70 .70 Rye Jul 1.27 1 25 1.25 Sep 1.30 1,28 128 Dec 1.33 1.31 1.31- Mar 1.35 1.33 1.34 May 1.33 1.32 1.33 Youngsters Drown In KID Canal A tragic drowning took the lives of two Klamath area teen age boys at 10:45 a.m. Tuesday when the tractor tliey were riding slipped into the Klamath Irriga tion District F canal three miles south of State Highway 66 along the Poe Valley Road. The victims were Terry Eugene High, 14, and Martin William High, 12, sons of Mr. and Mrs. Taylor High, Route 2, Box 742. High is a well-known Klamath County rancher. The boys had been helping their father in the fields Tuesday morn ing when Uiey were told to go back home and mow the lawn The youtlis took one of the family tractors and started to return home along the road on the canal bank. State police said from the evi dence at the scene they could not determine any reason for the ac cident. The tractor apparently just gradually went off the bank into the six foot deep water and the boys were pinned underneath, they said. When High returned home aooui a half hour later he discovered that the boys had not returned and he went out looking for them. The father discovered the tractor in the water w ith only the wheels not submerged. ' High rushed home to call state police and the Suburban Fire Department and then ran back to the field to get a second trac tor to pull the other out of the canal. The father then milled the trac tor part way out of the water and dove into the canal several limes before he recovered his sons' bodies. The fire department's rescue unit, which had been called about 11:20 p.m., arrived a short time later and attempted to revive the youths with the resuscitator and mouth to mouth breathing. Dr. Martin J. Adams, county medical examiner, pronounced the victims dead at Uie scene. The bodies were removed by Peace Ambulance and taken to O'Hair's Funeral Home. The boys are survived by their mother and father, brother Dean, 11; sister, Brenda, 9; grandpar ents Mr. and Mrs. Rex High, grandfather Charles King, and other relatives. Funeral arrangements have not yet been made, O Hair s nounced. The tamily said a memorial will be formed in the boys' names and anyone wishing to send gifts for the memorial is asked to contact Mrs. A. If. Stone, Route 2, Box 810S. Ranch Sold For $300,000 PORTLAND (UPD-The 12.681- acre Yancey Dry Creek ranch near Princville was auctioned off in parcels here for about $300,000, it was reported Tuesday. The ranch is one of the oldest livestock operations in the Princ ville area. The ranch was sold earlier this year by Orville and Don Yancey to Princville Lake Ranch, Inc., of Los Angeles. Barney C. Corbin, Los Angeles, spokesman for the latter firm, said tlie property was sold be cause of other pressing business. Potatoes PORTLAND (UPI) Potato market: Steady: Calif. Russets 4.85-5; Sz. A 4.00; Long Whites 3.60-3.75; some best 4.00-4.10, sized 2 oz spread 4.75-5.00; bakers 3.85-4.00; U.S. No 2s 2.50-2.85; U.S No 2s Bakers 325-3.50; Round Reds in cluding Sz B 3.23 - 3.50; Wash. Round Reds 2.75-3.00. Obituaries LUCKEY William Edward Luckey, 0, died here Julv 13, Itai. Survivor: Wilt. Thilmi, 01 this city; ton, Pfc. William E., Oak dale. Pa. i brother. Llovd. Sedalla, Mo.; grandson. George J. Luckoy, Oakdale. Pa. Funeral services. Ward's Klamath Funeral Home Thursday, July IB. at 10 a.m. Concluding services and vault Inter ment In Klamath Memorial Park. ROUSH William Henry Roush. ej, died In take view July 13. Survived by tons. John. Lakevlew. Roy, Santa Rosai daughters. Mrs. Oarretl Garrett. Ashland. Mrs. Wil liam Hotchkiss. Lakevlew) eight grand children, 20 great-grandchildren. IS great Great grandchildren, services. Outlty-Ot-lerman Chanel. Lakevlew, Thursday. July IB. 2 p.m. Inlermenl, Odd Fellows Ceme tery. HIOH Terry Eugene High, 14. end Martin William High, 11. tons ol Mr. and Mrs. Tavior High, died July 14. O Hair's Me morial Chapel will announce luneral ar. rangemenls. Funerals MATCMM Funtml ttrvkt tor Barbara) Jim Hfltchor will bo rwld from lh Chltoqu.r. AMtmblv of God Church ThurtcUv. July II, l 1:30 pm. Concluding MrvK.tt arvd vault tnttrmont in HIM Cmtry. Ward Klamath Funtral Home in charo. COTT GravtMdt tarvlcai wilh vault inltrmtflt for Watttr Li Roy IBuckt Icott will b htld In Maiahtik) Ctmattry Friday. July if. at 11 am. Ward a Mamam Funa. Mom In CharQt. i ) ( o 7 ECLIPSE DANGER A graphic illustration of what can happen to eyes of viewers during the eclipse of the sun is shown in this combo-photo. The sun, left, photographed through a filter made of overexposed and underdeveloped film, burned the filter to a crisp in the brief moment of exposure and viewing. The filter was situated between the lens and the camera in its normal filter holder. Health authorities have warned that extreme caution should be used in viewing the eclipse in order to avoid serious eye damage. UPI Telephoto Fire-Fighters Mopping Up Fire-fighters of the Klamath Forest Protective Association ear ly today were continuing mopping up oerations at the scene of a grass and brush fire which swept over one and one-half acres on the California-Oregon state line, near Highway 97, Sunday, according to George Wardell, KFPA supervisor. The fire was one of seven start ed by lightning on KFPA lands since Sunday, increasing the number of forest fires for this year to 44. Of that number, 25 have been caused by lightning, while the other 19 were man caused. Meanwhile, the Winema Nation- Decision Due On Billboards SALEM (UPI-A decision on whether billboards will be banncdl on the North Santiam Highway is expected in August. The Oregon Scenic Area Com mission held a hearing Tuesday Ion two proposals to keep bill boards from the highway. One petition filed by the Mill City Garden Club would prohibit billboards from the junction of U.S. 20 and Oregon Highway 22 cast to Sisters. A petition from the Mill City Womcn s Club would keep bill- hoards from tho highway between' the junction and the Pacific High way cast of Salem. If the Scenic Area Commission approves the petition the only bill boards allowed would be thosel within city limits and on roadside business premises. About 40 bill boards now standing would have to bo removed within seven years. STARTS THURSDAY! 512 Main Free Parking 5th & Klamath al Forest reported that no fires were detected within the forest boundaries since Sunday. The fire near the state line took off about dark Saturday night and was observed by California Divi sion of Forestry lookouts sta tioned at Mt. Ball and Mt. Orr. The California forestry depart ment dispatched a six-man team to assist KFPA fire-fighters in controlling the blaze, w hich brought a total of 14 men, a bull dozer, 1,000 gallon pumper truck, and two four-wheel drive trucks to the area. As a KFPA fire fighting team was winding up its operations on tlic state-line fire, another team as seeking out a fire which was reported near Swan Lake by Neil Banta, a rancher of that area. As of noon today the fire had not been located, Wardell said. The six other fires occurred in the Camp Six area, near Bly, and consisted primarily of spot fires. Considerable rain accom Young Girl Cuts Ankle A 10-year-old Klamath Falls girls is in good condition at Klam ath Valley Hospital after she re ceived deep ankle cuts when she walked through a plate glass win dow at the Oregon Food Store on Shasta Way at 6:45 p.m. Tues day. Valerie Young, daughter of Mr. and Mrs. John h. Young, 426 North Second Street, was taken lo Klamath Valley Hospital by Peace Ambulance. She appar ently didn't see the glass parti tion inside the store and walked right into it. CLEARANCE 1 n-1 Famous Brand Skirts - Blouses - Shirts Shorts - Bermudas - Capris Pedal Pushers Sportswear panied the lightning storms and prevented an even greater num ber of fires from starting, War dell concluded. Man Injured In Crash A Merrill man received face cuts and two cars received ma jor damage in a pair of two- car accidents reported by city po lice during the last weekend. Paul Zupshan, 56, Merrill, was treated and released at Klamath Valley Hospital. He was a pas senger in a car driven by John M. Pegg, 54, Route 1. Box 861, that collided with a parked truck Spruig Street near Oak Street. The truck is the property of Consolidated Freiglitways. It re ceived minor damage while the car received major damage. Pegg told police he was blind ed by the lights of an oncoming car when he ran into the truck. A 17-year-old Klamath Falls youth was cited for (ailing to yield the right of way after the car he was driving collided with a ve hicle driven by Marie Arlene Hardman, 20, Malin. City police said the driver, Randy Thomas Webb, 1638 Mc- Clcllan Street, was pulling out of the driveway at the Klamath Med ical Center and collided with the second car as it was turning off .Main Street into the Municipal Swimming Pool. The accident occurred at 3:56 p.m. Saturday. Webb's car re ceived moderate damage while Miss Hardman's vehicle received major damage. ...I .i.. i ii Second Floor Hearing On A hearing on a demurrer in volving contempt of court charees filed against Sheriff Murray "Red" Britton by the district attorney's office has been set for 10 a.m., tomorrow, Thurs day, in one of the county's two circuit courts, the Herald and News learned today. The hearing will be held in either courtroom No. 1 or No. 2, depending upon which of the rooms is available at the time, according to a court spokesman. Judge Don H. Sanders of Doug las County will preside at the proceedings which developed last April after Sheriff Britton was. charged wilh having discussed the Robert Huitt case with a Views Given On Fight Julia Bliss. 504 South Fifth Street, told the Herald and News Tuesday that she did not see the actual stabbing in the case of John Wesley Dean knifing his brother Hagan, as was previous ly thought. She indicated that she heard the brothers arguing in the street and then John Wesley came into the house and told her to call the ambulance. The reports from the city police department show that Angus W. Newton, who lives across the street from where the stabbing took place, actually saw the fight and stabbing from his win dow. Newton said he heard a loud noise across the street and when he looked out the window he saw the brothers arguing in Uie street. He said they parted, but then came back again. "It looked like they were jabbing at each other, then the smaller man (Ha gan) -put his hand to his throat and fell down in the street," New ton's statement read. The witness said he called police after seeing blood on the victim s hand. City police took a tape record ed statement from the Bliss wom an, but detectives reported that she did not indicate she w i t nessed John, with the knife in his hand, stabbing Hagan. Hagan died in the hospital from the knife wound late last week The stabbing took place in front of 504 South Fifth Street on July 8. John was arraigned in district court Monday and charged with second degree murder. CO-STAR HOLLYWOOD (UPI) Veteran character actor Arthur O'Connell has a co-starring part in the mov ie "Seven Faces of Dr. Lao." O'Connell's co-star in the film is Tony Randall. V2 Inch LAWN I GARDEN Nylon Reinforced GARDEN HOSE 10 Yr. Guaranteed )QQ Won't Burst K OO REG. 5.95 3-Tube SPRINKLER trim ret tltilell, trititreii -Vt-Ks: 50 Ft. 3 Tube Finest Quality Reg. 4.49 CSljjK Contempt Charge Set member of the jury while the trial was in process. As a result of the alleged con versation between the sheriff and the juror, the case was declared void by Judge David R. Van denberg and a new trial was reset for Aug. 6 in the same court. Soon after the discussion was made known, Deputy District Attorney Bob Thomas presented' One Case Dismissed One criminal case slated for trial in circuit court this week has been dismissed and another has been transferred from that court to district court, the dis trict attorney's office reported today. The case against Jess Williams Jr., charged with contributing to the delinquency of a minor, has been dismissed by Judge David R. Vandenberg at the re quest of a deputy district attor ney, who cited that there was not sufficient evidence to pro ceed with the trial. The charge against Roy Weems, accused of knowingly uttering and publishing a forged bank check, was reduced to attempting to commit larceny by impersonat ing another. The lesser charge is a misdemeanor offense and the case, scheduled on the circuit court docket for today, was trans ferred to the district court which has jurisdiction over such offenses. Weems is alleged to have cashed a worthless bank check in the amount of $53 to Dorene Dippold. Both men were indicted by the grand jury last June 12. W. H. Roush Dies At 93 LAKEVIEW - William Henry Roush, 93, who was born Dec. 8, 1869, in Ccdarville, Calif., died in Lakeview on July 15. He was a retired rancher and had lived in this area for the past 90 years. In 1891 he was mar ried to Melissie Alice Paxton, who died April 30, 1950. Surviving are two sons, John of Lakeview and Roy of Santa Rosa, Calif.; two daughters, Mrs. Dar rell Garrett of Ashland and Mrs. William Hotchkiss of Lakeview; eight grandchildren, 20 great grandchildren, and 15 great-great-grandchildren. Funeral services will be Thursday, July 18, at Uie Ousley Osterman Chapel, with the Rev Elwyn Tcsche officiating. Burial will be in the lOOF Cemetery. ID! REG. 19.95 SALE HOSE IV - 2 99 !" Best Quality 10 Yr. Guarantee 3 Ply.Rcg. 9.95 to Judge Vandenberg, presiding at the trial, affidavits charging the sheriff with contempt of court. Later, in a letter to the State Supreme Court, the circuit court requested that a judge of another county be named to serve on the bench for the contempt hear ing. On June 27, Chief Justice William M. McAllister designated Judge Sanders to preside at the hearing. Huitt had been on trial for as sault with a dangerous weapon as the result of shooting a Cali fornia man in the leg at the defendant's residence in Agency. Sheriff Britton is also a sub ject in two other court actions slated to take place later in Klamath County circuit courts. On July 22, the sheriff is sched uled for trial on a charge of "causing a prisoner to escape from official detention," which developed March 16 when he al legedly released a prisoner from custody although that person had not posted bail. The sheriff is also one of four county law enforcement officers named in a $7,500 civil suit in connection with holding an In dian youth in the county jail fdT a period of 105 days without ap pcaring with him before a judge. Cc ommuni Caiencli ar WEDNESDAY LADIES SOCIETY, Brotherhood of Locomotive Firemen and En- ginemen, 8 p.m., meeting, city li brary basement. MIDLAND GRANGE, 8 p.m., meeting, grange hall. Youth slave sale and cake walk. PLAYERS CLUB, 8 p.m., meet ing, Legion Hall. Y-NE-MA TWIRLERS, 8 p.m., square dance, St. Paul's Education Building. Bring doughnuts. CARPENTERS' AUXILIARY, 7:30 p.m., meeting, Labor Tem ple. TAXPAYERS' LEAGUE, Klam- ' ath County, 7:30 p.m., action com mittee election, Court House. Pub lic invited. THURSDAY ROYAL NEIGHBORS OF AMERICA, 8 p.m., meeting, KC Hall. SATURDAY MERRY MIXERS, 8 p.m., square dance, Merry Mixer Hall. Bring potluck. WW UMB.I'iHIM ttbAeieittleflleatfLlU a MELNOR WALKING 1 mLLr& J'"-fcC'""r' Covers 40 l rStt by 200 feet ' i 1 1 1 climl" Mil" t3?&;3 lilt) ' Turn " M AjJlnalorgel it 14 99 HOSE 50 ft. 95 7
