Herald and news. (Klamath Falls, Or.) 1942-current, August 08, 1963, Image 4

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Herald and news., August 08, 1963, Page 4, Image 4

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Newspaper Page TextPAGE A HERALD AND NEWS, MARKETS and FINANCE Stocks NEW YORK STOCKS By United Press International Allied Chemical 50', Alum Co Am 63 American Air Lines 26'i American Can 45" American Motors 17H AT&T 121U American Tobacco 28 Anaconda Copper 48' Armco 57V American Standard 17V Santa Fe Pfd 283i Bendix Corp 49'i Bethlehem Steel 295i Boeine Air 34 Brunswick Caterpillar Corp M't Chrysler Corp ST1. Coca Cola U9H C.B.S. 6ti'i Columbia Gas 29',3 Continental Can 45'i Crown Zellerbach 47',i Crucible Steel 21 Curtiss Wright 19 Dow Chemical 60V. Du Pont 242Ti Eastman Kodak 109's Firestone 33 Ford 5IM General Dynamics 24' General Electric 79'i General Motors 7114 General Portland Cement 20Ji Georgia Pacific 49 Greyhound 41 Va Gulf Oil 49 Homeake Idaho Power 323 I.B.M. 439 Int Paper" " ' "29 Johns Manville 471 Kennecott Copper 72'. Lockheed Aircraft 37(' Martin 18'i Merck M',4 Montana Power 37' Montgomery Ward M'i Nat'l Biscuit 53'i New York Central 20, Northern Natural Gas 51 Northern Pacific , 47"4 Pac Gas Elec 32'. Penney J.C. y 40'i Penn HR 18'i Permanenle Cement , 17'A Phillips . ; S2'.i Procter Gamble - 57 ' Radio Crop 69 Richfield Oil ...I- . . 42 Safeway 6 Shell OH "v ; .' Socony Mobil Oil v 7M Southern Co ' 55 Southern Pacific 35Tfc Sperry Rand 14 Standard California 66'4 Standard Indian 63'.: Standard N.J. . 71 Stokcly Van Camp Sun Mines UT Texas Co. 73 Texas Gulf Sulfur 15 Texas Pacific Land Trust 23 Thiokol 21 Trans America 52T1 Trans World Air 18 Tri-Continental 45 Union Carbide 106" Union Pacific 39!i United Aircraft 45'i United Air Linos 39 U.S. Plywood 59 U.S. Rubber , 457. U.S. Steel 46'4 United Utilities - West Bank Corp 4214 Westinghouse 35 Youngstown MUTUAL FUNDS Prices until 10 FDT today Bid .Asked Affiliated Fund Atomic Fund Blue Ridge Bullock XD Chemical Fund Colonial Fund Oomw. Inv. Diver Growth Dreyfus E & H Stock Fidelity Capital Fidelity Trend Fundamental Founders Fund Group Sec Com Gr Sec Avia El Incorp Inv ICA Keystone S-l Keystone S-3 Keystone S-4 M.I.T. M.I.T. Growth Nat'l Inv Nat'l Sec Div Nat'l Sec Growth Nat'l Sec Stock Putnam Fund " Putnam Growth Selected Amer TV Fund United Accum United Canada United Income United Science Value Lines Wellington Whitehall 8.16 4.60 11.79 13.35 11.41 11.50 9.90 8.70 17.35 13.89 8.80 14.60 9.90 6.14 13.42 6.70 7.07 10.54 22.11 14.86 4.18 14.92 8.22 15.30 4.13 7.91 7.93 .15.02 8.74 8.82 5.03 12.89 14.63 1 12.41 12.57 10.82 9.53 18.86 15.01 9.37 15.87 10.35 6.67 14.69 7.35 7.73 11.52 24.12 16.21 4.57 16.31 8.98 16.54 4.51 8.64 8.67 16.42 .? 80 joMdajv AU8.lt. 7.38 9.04 1469 17.57 1247 6.77 5.27 14.58 13.68 1605 1901 13.63 7.401 5.711 1 15.89 14.79 . LOCAL SECURITIES Bid Asked Bank of America 64 67 Cal Pac Util 2 28 Con Freight 9 10 Cyprus Mines 24'i 26'i Equitablo S&L 32' 4 34(4 1st Nat'l Bank 67(4 70 Jantzen 22'.4 24 Morrison Knudsen 30 14 32 Vt Mult Kennels 4 8 N.W. Natural Gas 34 36 Oregon Metallurgical 1 1 PGE 27 28 TPcVL 26 27 U.S. Nat'l Bank 79'4 83'4 West Coast Tel 22 24 Weyerhaeuser 30 32 1963 WALL STREET NEW YORK (UP1) Stocks moved up cautiously from their lows today. Weakness in tobaccos provided about the only definite trend among individual groups. Steels showed little change. Mo tors were mixed and chemicals tended to move lower. Bristol- Myers, Hercules Powder, Richard son, Mcrrell and Schcring im proved in Hie drugs but Carter Products softened. IBM featured a quiet electronic section with a sizable gain. Metals and airlines weakened WALL STREET CHATTER NEW YORK (UPI) Invest- ment adviser Edward F. Under wood of Ira Haupt & Co. says performances of the international oil croup, as wen as the domes- tic oils, drugs, utilities, airlines and rails refutes those who urge indiscriminate liquidation of stocks. "Some have even gone so far as to prepare for a 1930 disas ter," Underwood says. However, the probabilities are strongly against it. "There is not a shred of technical or fundamental evi dence to support such a drastic conclusion, he added. Investors Research Co. says there are enough favorable ele ments to indicate that the stock market is in the initial stages of a worthwhile rally. Die west Coast advisory service says that "recent action,' despite its highly erratic nature, tends to strength en this belief." It notes that such recent excellent leadership as rails, oils, airlines and utilities is a vital factor in considering the intermediate probabilities." LIVESTOCK PORTLAND (UPI) -(USDA)- Livestock: Cattle 25. No test of trade. Calves none. Hogs 100. Several lots mixed 1 and 2 barrows and gilts 190-220 at 20; fow 2 .grade 219 lb 19.75; 1 and 2 at 300-420 lb sows 14-16. Sheep 100. Small lots slaughter lambs steady; mixed good-choice wooled 17.75; one lot choice-prime shorn 17.75. Grains CHICAGO (UPD-Grain range: Ttmrsdiiy, August (. Klamath Falls. Ore. 1 High Low Close I Wheat Sep 1.81V 1.801s 1.81Vi-'.' Dec 1.86!. l.SGVd l.BBft-H Mar 1.894 1,89 1.89V4- Jul . 1.57 1.55'4 1.55V4 Sep 1.5814 1.57Va 1.57!i OalJ Sept .64 .63 .63-ti Dec .67 66ii .66'.i Mar .68'k .68 .68'i May .68 .68Vi .6814 Rye Sep 1.27 126'i 1.264 Dec 1.340 1.29 1.29 Mar 1.33 1.32'4 1.32-Vi May 1.32',. 1.301a 1.31 Potatoes PORTLAND (UPI) - Potato market: Steady; Calif. St. A Long White 4.00-4.25, some 4.75; sized 2 oz. spread 5.25-5.50; Bakers 4.50-4.75; Round Reds 250 - 2.75; Wash. Round Reds 2.50-2.75; White Rose Sz. A 3.60-3.90, Bakers 4-4.25; U.S. No 2s 2.75-2.00; US No 2 Bakers 310-3.25, Oregon Sz. A White Rose 375-4.00, Bakers 4.25-4.50. Nomination Board Listed A six - man nominatinff com mittee has been named by the Klamath County Chamber of Commerce to select 10 candidates to run for five posts on tlie cham ber's Board of Directors which are to be filled for terms of three years beginning Oct. 1, Jim Monteith, president, disclosed Tuesday. The nominating committee will submit its slate of 10 candidates to tlie 15-membcr board at tlie chamber's regular luncheon meet ing next Wednesday, and also ac cept nominations from the floor during the chamber's regular luncheon meeting, next Wednes- Cmrising the committee are Sam Ritchy (chairman', Vern Owens, Fred Ehlers. Robert Kent, Russ Tisdale and Frank Ganong. Ballots will be mailed to nil chamber members in good stand ing Wednesday. Aug. 21. and arc to be completed and returned to the chamber office before 10 a m. on tlie same day two weeks later Tlie five candidates receiving me largest number of votes will be elected to the board of direc tors Ut serve a three-year term commencing Oct. 1, the start of (lie chamber' 1963-64 fiscal year. Retiring from tlie board on that date are James Bocchi, Noel Flynn, John Moehl. James Stil- well and Adolph Zamsky Jr. On Wednesday, Sept. 11, the new board will meet to elect ofli oer and hire a manager for Die ensuing year. Tlie terms of five directors on the 15-man board expire each year. I '2a it.. L SJ -M ,151 ft- - is . - a ARABIAN BEAUTY James Ricci of Bend, noted horseman, lecturer and writer, will judge the annual Klamath County 4-H Club Horse Show to be held Aug. 10-11 at the Klamath County Fairgrounds. Here, Ricci puts his Arabian "Kapri" through the Spanish walk. The tine animal is highly trained. Photo by J. Van Wormer, Bend Motorists Are Varned Construction work on the South Klamath Falls Interchange IMain Street Overpass! has reached the stage of sandblasting and paint ing on structural steel. Motorists are warned by James Gix. resident bridge engineer, of the possibility of cars travel ing underneath lieing damaged by scattering sand and paint. This part of the construction Is expected to start, possibly Thurs day afternoon and will continue: durintt the next two or three' weeks. Conger Avenue will be closed for short periods of time during this period, except to emergency vehicles, fire rigs and ambu lances. A flagman will be on hand with warnine signals on Main Street. Traffic should use Fourthl Street during the closing periods on Conger. The Lillebo Construction Com pany, Keedsport, ana sun-conirac' tor Tn-State Fainting Company, Portland, are in charge of the work. Boy Missing 'After Fire Klamath County authorities are seeking a 14-year-old boy who vanished Tuesday after helping fight the big forest fire south west of Klamath Falls. Mrs. Carl Stec of Keno said her son, Benuc, picked up his 88 check for firefighting from the Klamath Forest Protective Asso ciation office Tuesday and that was the last anyone has seen of him. Stcc was described as 5-foot-9, 130 pounds, dark complexion. black hair and brown eyes, and wearing tennis shoes, pink shirt and blue jeans. Mrs. Stcc reported him missing Wednesday afternoon. Vandals Strike Vandals armed with B-B guns cracked the windshield of a U.S Navy automobile seven times with pellets over the weekend police reported. The vandalism was reported to city police Wednesday afternoon by Lt. (jg) Willis C. Pflugh Jr, of the Navy office at the Klamath Falls airport. Ho said the 1953 automobile was sitting near the office when it was hit by the B-Bs. Recorder Stolen A miniature tape recorder val ued at $149.95 was stolen from a show caso at the Montgomery Ward stoic here Wednesday. City police said the machine as taken from the third floor display case between 8:30 a.m. and 4:10 p.m. Wednesday. The recorder is a Webcor, 8"x8"84"' hr size. Obituaries HITT l.on L. Hl.tl, 68, dirt Aug. i. Moth- tr pi Lorcn, Allnn. Or... Chetter, Red' mond, Orr, Mllo, MII!on.FrtwAllT, On.. Ll.r, l.klvlew. Norm. Hlld, l.kt- lw, Or. Robinson, Salmon. Idnho, Ruby Peltnon, Kl.mum Full). Funtral terv Ictt will bt held 2 pm. Friday, Aug. t. In lh Ooily.O!termAn Chpl, L.kt ,e. Inlermtnl, sunitl P.m. DAVIS LtRoy Duvlt. K. dild bar. And. IftJ. Survivors: Wilt. Mlnnlt. Bon.n- ftons. Lt nd Hugb O . Bonanl.. Mclvln, MHIon-Frtwttr, Or... Mtrlln, Oakland, Calll.l daugblcri. Mrs. Lao BlKk. lahavltw, Ort.. Allct Hall! and Nola Kalltr, Atnana. Or... Etttr Haiti and Edith Wllliamt, Mllton-Freewatar Ort , Dora Muth, Bonania. and Eltlt Smllh. Klamalb Fallal also 41 grand- chlldrtn and 14 grtal-grandcblldrtnj brolhtrs, William. Washington, Virgil, Troutdala, Ora., Ktnnalh, Twin Falls. Idaho, and Delbvrl, Arkansas! slstar, Lulu Hovarmali. Mostl Laka, Wash. Fo rmal sarvlcas. Ward's Klamath Funara Moma Monday. Aug. IJ. at 1pm. Con cluding sart.itt. Lost Rlvtr Ctmattry. Funerals HfLM Funtral ttrvkts lor Jamas L. Htlm. 11. will bt htid Friday, Aug at 11 am In tht Elks Ttmeta Inttrmtnt, Ettr. nal Hlllt Mtmorlal Gardtn. O'Halr'i Mt morlal Chapal m chargt. 1 Jr ; Lumber Driver Relates Knowledge Of Shooting "I've been shot. Will you lakclhis father-in-law's 'Carl Dawson) me to a doctor?" Those were the words uttered! by Howard Wise, a 28-year-old itinerant, to Sidney Harris, a lum- ber company route driver, alter the teamster drove his truck to the front porch of the Robert Huitt residence at the Agency last March 1. i That was part of Harris' testi-' mony late yesterday as the trial: of Robert L. Huitt, charged with j assault with a dangerous weapon, continued in tlie circuit court of Judge David R. Vandenberg. Huitt is accused of deliberately shooting Wise in the leg with a bullet discharged from a .25-.S3 caliber rifle -following a drinking 1 session at the defendant's resi-j dence Feb. 28. I The trial resumed early this morning with testimony from dep uty sheriff Alvie Youngblood, Cluloquin, and then recessed un til Purtliina Wright, a state s wit ness, was brought here later today from Cluloquin to give testi mony. The witness, who was in tlie Huitt home at the time of the shooting, failed to appear in court yesterday and was located this morning by the district at torney's office. Harris' testimony traced the events of the day following tlie shooting, while John Webber, in vestigator for the district attor ney's office, and Youngblood told the jury of their investigations which established that the story of the incident as told by Huitt was untrue. Huitt's story is that he had shot at Wise, believing him to be a prowler. Wise suited that he had been drinking with Huitt and two others when tlie defendant or dered him to get a bottle of liquor from elsewhere in the house. Wise related that he didn't move quick ly enough to suit Huitt, who be gun shooting at him as he ran from the house. After the shooting. Wise was removed to the Huitt house where lie remained until the following day, when he hailed Harris as the latter was driving past the Huitt house. Harris testified that he stopped his truck and drove into Huitt's driveway, where he met Wise, who sought his assistance, wim tnc help of Purtliina Wright, Wise was lifted into tlie truck and tak en to a Chilonuin doctor, Harris related. Another witness yesterday was Georce W. Baker, who was at Mary Johnston Death Reported LAKEVIEW Mary May John- ton, 79. a native of Nebraska, died in Lakevicw, Monday, Aug Slie was registered nurse by profession. " She is survived by tlu-ee sons Klton of California, Dewey ol Washington and Virlin of Colora do; five daughters, Jirs. noy Lee of Lakevicw. Mrs. Merle Var ca of Houston. Tex., Mrs. Jackie Ross of California. Mrs. Vern Givins of Idaho, and Mis. Don Ross of California; 20 grandchil dren, and five greatgrandchil drrn. Recitation of tlie Holy Rosary was at tlie Ousley-Osterman Chap el nt 8 cm.. Wednesday, and rinnni.-m Mass was at St. Pat rick's Catholic Church at 10 a.m. Thursday, with burial in the West Cemetery. The Rev. A. Rob ert Miller officiated. house when Purtliina Wright called there the evening following I tlieshooting. COMPARE! Against All Others... Anywhere... On Any Channel! RCA VICTOR Afew PzstdTV WITH Space Age Sealed Cirrjuitry C0NS0LETTE VALUE fl Tht COOPER j! r7?fl rca Victor New Ustd tv 23" tube (overall diag.) 282 sq, in. picture Super-powerful "New Vista" Tuner 22,500 volts of picture power (design average) OUR PRICE DELUXE PORTABLE T)i;. SPa Age Sealed Circuitry RCA VICTOR SPORTABOUT TV 16" tube (overall diag.) with q. in. piciura tarpnone acn makes TV lislenins a private af. fair (earphone, optional extra) Newly-developed Power Grid Tuner 16,000-volt chassis (do- I II II fp' ThnEBUTNTE s139" o ,.$149" Vern Owens' Cascade Home Furnishings 412 Main Chamber Launches Long Range Study Plan An "aggressive, long range plan" designed to improve the stature of Klamath County in six uvm areas such as civic cultural and economic develop-!ear!y ment, win De pui inio eneci uv the Klamath County Chamber of Commerce, beginning Oct. 1,'voive setting up train long-rdnge Jun Monteith. president of the chamber, told the members of the'seven major areas sucn as pa)- Horses Take In Annual 4-H Klamath County 4-H Club horses will be in the limelight at We annual 4-H Horse Show at the fairgrounds, Saturday and Sun day, Aug. 10-11. In announcing plans, Francis Skinner. 4-H county 4-H extension agent, reports that jamcs Ricci of Bend will judge the animals, demonstrations, showmanship and other events. Ricci has been associated with horses for more than a quarter of a century. He served with the Massachusetts 110th Cavalry ana the quartermaster remount sta bles at Fort Devens, Mass. After many years of study on the anat omy and psychology of the horse. he has been able to apply me art of dressage to all types of riding, whether it be Uirce-gait-ed or trail, grand dressage or reining. He has given many lectures and exhibitions in the interest of fur thering better horsemanship. He is the author of the booK, ine Unity. cf. Horse and Man," now being published by the J. B. Lippincott Company of Philadel phia. Four-H Club leaders nave re leased the following program on UNSURPASSED PORTABLE POWER! MOREPfODic own c Victor TELEVISION THAN ANY OTHER KINn "LACK AND WHITE The R oo mate Series 94A-064-M I9""tuh" (overall d-ig.) 172 sq. in. picture 125 RCA VICT0 R JWlwi-aTV .,, --..f,,! v;tii Super-powerlul ,Ne.Y ViSU Tuner Transformer-powerea ' Sportabout Chassis Ph. 4-8365 'group during its weekly meeting Wednesday at tr.e pelican taie. In a prepared statement """ 1 t00' Helta remamea mat 11 to discuss detail 01 l'eianressive and forward looking ,.11 a: ..tia iu,,. Bne.'Sy, the program "w:.. m- and short-term goals in six m Limelighf Program events for the show: Aug. 10. 10 a.m., showmanship and trail horse class; afternoon horse judging contest, snaffle bit a n d hackamore class, English saddle and bareback class. Aug. 11 1 p.m., parade of breeding stallions, demonstration on dressage by Ricci, colt class, horsemanship, jumping, grand en try and presentation of awards Judging of showmanship, horse manship, and trail horse class will be on an age basis of the club member on Jan. 1. Junior classes are for 9, 10 and 11 year-olds. Intermediates are club members, 12, 13 and 14. Senior club members are 15 or older. Selected intermediate and sen ior duo memDers arc cugiDie to represent Klamath County at the Oregon State Fair at balem Synthetic detergents are known 1 the trade as syndets. IM1 J I L Yes! Effective August 1, Medo-Land, Meadow-Gold Cream ery became a locally owned and managed enterprise . . . and is bringing new jobs and income back to the Klamath Basin, Remodeling work already has been started, new equipment has been purchased, and new men have been hired. Within a few short weeks the entire processing and distributing op eration of dairy products produced from Klamath Basin Milk will be done right here in Klamath Falls under the brand name of Klamath Basin Farms. Until new containers can be manufactured and shipped to us, we will continue to distribute our dairy products in the Medo-Land, Meadow Gold cartons. Look for these products at your favorite grocery store, , or call our route man for home delivery. Remember "What Klamath Makes . . . Makes Klamath." We will appreciate your support, and we're sure you will appreciate the fresh er, higher quality of these fine dairy products. Lawrence Geraghty & Stanley C. Masten Jr., Owners Walter T. "Bud" Franklin, Manager Klamath Basin Farms Spring & Esplanade IroU development, agriculture. community development, among others, .Monteun expiainea. 'TKn i. ( K tei will he in some instances, pernaps. dramatic," he said further. In each case the goal will be estab lished with a view to improving the economic, agricultural, com mercial, industrial, and the civic and cultural development of Klam ath Falls and Klamath County. Monteith stated. Two directors will be assigned to each "work area" and each director will select his own com mittee in order to assure a vigor ous approach to this new pro gram. He continued: The plan will begin to take shape following the election of the five new board members on Sept. 4. Meanwhile, suggestions or recommendations from the chamber membership or any citi zen of Klamath County whose in terest lies in the development of our area will be gratefully ac cepted and seriously considered by the board. Formal announcement of this program, in complete detail, is planned for the chamber's annu al meeting, slated for Wednesday evening, Oct. 2. In other business, the cham ber heard committee reports from Keith Cobo, director of the Tourist and Convention Commit tee, and Dick Green, chairman c Creamery Is Now A INCORPORATED of the Upper Klamath Lake and Recreation Committee. Green appraised that tlie Water Festival attended by approximate- : ly 2.000 or 3,000 people at the southern part of Klamath Lake last Sunday was more successful than some larger, similar type shows held here in recent years. Cobo advised the membership that signs directing tourists along the route of each of tlie chamber's three loop tours through Klamath County had been erected. The tours include, No. 1, a trip from Klamath Falls west around Klamath Lake and return; No. 2, a tour east from Klamath Falls along Highway 66 to Beatty and Sprague River and back to this city via Cluloquin; No. 3, a cir- , cuitous trip from Klamath Falls - to Crater Lake via Fort Klamath and return by way of Diamond Lake Junction. :" Cobo told the members that he would have more descriptive . iiimciuii vii me inula avajiuuie for tourists next summer. . Ross Ragland, chairman of the "' National Affairs Committee, an nounced uiai 111s coniinmee wouia - maU rpmmmenfiatlnns to lh chamber next week on the posi tion it should take pertaining to " civil rights and the nuclear test ban. Guests at yesterday's meeting were Phil Parsons, executive sec retary of the United Fund, and lioya banaerson, aaminisiraior ot . the proposed Intercommunity Hos- '- pita!. Phone TU 4-3181 f I?