PAGE 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.
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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
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'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?