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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Aug. 22, 1963)
PAGE 4-A HERALD AND NEWS, Klamath Filll. Ore. MARKETS and FINANCE Stocks NEW VORK STOCKS By I'nlted Press International Allied Chemical .Wi Alum Co Am S4H American Air Lines 27Ji American Can 4(i'i American Motors 18'i AT&T r22'2 American Tobacco 271, Anaconda Copper 49' i Armco ' American Standard 18 Santa Fe Ptd 20' i Bendix Corp 51 1 4 Belhlehem Steel J1U Boeing Air 33'i CaterpillarCorp 45' Chrysler Corp Ms Coca Cola 12 CBS. "0'k Columbia Gas Wn Continental Can -Mi's Crown Zcllcrbach 48'i Crucible Steel 243e Curtis Wright 20' 2 Dow Chemical M Du Pont 243' Eastman Kodak HI3 Firestone 34' i Ford General Dynamics 24' General Electric 8I' General Foods 4'i General Motors 73 General Portland Cement 22'i Georgia Pacific 52 Greyhound Gulf Oil 9H Jlomestake Idaho Power '15 I.B.M. 52' Int Paper 30 Johns ManvUle Kcnnecott Copper '33i Lockheed Aircraft 37 Martin 19! Werkc M Montana Power 3 Montgomery Ward 39!i Nat'l Biscuit 55'i New York Central 22H Northern Natural Gas 5S Northern Pacific 47 V, Pac Gas Elec 33'i Penney J.C. jpenn Ml 20'i Permanent Cement 17U Procter Gamble 79' Radio Corporation 7131 Richfield Oil 47 Safeway 61V Sears O.Hi Shell Oil 4(Mi Socony Jlobil Oil 71i Southern Co. 54H Southern Pacific 37 Sperry Hand 14Ts Standard California fie Standard Indiana KP Standard N.J. 701i Sun Mines 1H Texas Co. 7.V,i Texas Gulf Sulfur 159.1 .Texas Pacific Land Trust 2S',4 ;thiokol 2l'i Trans America 54ii ;Trans World Air 2lT'i Tri-Continental 46'i IJnion Carbide 107 United Aircraft 44t United lAir Lines 39' U.S. Plywood 53?, U.S. Rubber 49 U.S. Steel 50V4 1 United Utilities 38U West Bank Cor.p 41 Weslinghouse 35;! MUTUAL FUNDS 'Prices until 10 a m ,PDT today Rid Asked 897 5.11 13.18 14.99 12.79 Affiliated Fund Atomic Fund 3?lue Ridge .Bullock "Chemical Fund Colonial Fund Diver Growth Dreyfus E k II Slock Fidelity Capital Fidelity Trend Fundamental F.I.F. Founders Fund Group Sec Com Gr Sec Avia El Hamilton H.D.A. .Hamilton C-7 Incorp lnv. K Investors' Group it; Intercontinental t Mutual ' Stock Selective Variable Keystone S-l Keystone S-3 Kevstone S-4 M.i.T. M IT. Growth Nat'l lnv. Nat'l Sec Div Nat'l Sec Growth Nat'l Sec Stock . Putnam Fund Putnam Growth ! Shareholders ; Sup lnv Ser ; Value Lines Wellington Whitehall 8.29 4.68 12.00 13.67 11.81 11.70 888 17.78 14.22 9.0B 15.03 10.11 4.40 8.30 13.54 6.70 5 04 5.16 7.25 10.73 6.03 11.64 19 12 10.51 6.99 22 56 15.23 426 15.29 8 44 13.67 4.19 8.08 803 15.26 8.95 1108 7 49 5.39 1479 13.64 12.79 9.73 19.33 15.37 0.85 16.34 11.08 4 685 1482 7.35 5.64 7.92 11.75 6.57 12.58 20.67 11.24 7.56 24.62 16.62 4.65 1671 9.22 1697 4 58 883 8.78 16.68 9.78 12.11 8 16 5.89 16.12 14.96 LOCAL ShCl'RlTIES Rid Asked Bank of Ajneriia 66s. Eoise Cascade 321. Cal Pac Ulil 27' 4 Con Freight 9'. Cyprus Mines 241k Equitable S & L 32 '4 1st Nat'l Bank 70' 1 :JanUen 22'4 .Morrison Knuden 30' i -.Mult Kennels 4'i ;N.W. Natural Gas 35 Oregon Metallurgical 1 PGE 27'. PP&L 27-4 -U.S. Nat'l Bank 82 i West Coast Tel 23'. Weyerhaeuser 31-' 69' 1 34'4 29 10'. 26 34 !t 74J4 24'. 32' 1 4'. 37 P. 29'i 28'. 864 23' 32' 2 Thursday, Aujust K, 1H63 WALL STREET NEW YORK lUPP The stock market woke from its three-day slumber today and pushed higher. With steels, motors, electronics and financial shares setting the pace, the popular averages scored their best gams 01 the ween. Youngstown took the lead in the steels followed by Jones & Laugh lin, Lukens and Crucible. Motors moved ahead on news that tlie auto makers will install safety scat belts on 19M models as standard equipment. By United Press Internatiinal Stocks firm in moderately ac live trading. Bonds mixed. U. S. government bonds steady in quiet trading. American stocks irregular. Cotton futures steady. Wheat closed unchanged to off l3i cents; corn up ! to 1H cents; oats up '1 to 'a cents; rye up V to 2 cents; soybeans up to 2 cents. LIVESTOCK PORTLAND (UPI) (USDA) Livestock; Cattle 50. Not enough sales to establish trading. Calves 25. No early sales. Hogs 50. No early sales. Sheen 200. Receipts mostly slaughter spring lambs. No early sales. Potatoes PORTLAND (UPlt - Potato market; Steady; Wash. Russets 3.85-4.10 6-14 oz. 4.25-4.50, bakers 4.75-5.00, Sz. 2 oz spread 5-5.50; U.S. No 2.50-2.75, U. S. No 2s oakers 3-3.25; White Jlose U. S. No 2s bakers 2.50-2.75; Oregon White Rose 3.25-3.60; bakers 3.85-4.10, Russets 4.00-4.50, bakers 4.50-4.75. Groins CHICAGO (UPD-Grain range: High Low Close 1 1.79'i 1.7834 179'i 1.83-lii 1.8434 1.83'. 1.88'i 1.877 1.88'4 1.83'i 1.83'i l.3i 1.57 1.SK4 1.57 .fiM. .Wa .633 , .67 .W .(7i-.67 .MKa . .88'. SS'-a ,69'j .68;'i .fi'J'e-'.e 1.30 1.28 1..10-1.297k 1.34 1.32 1.34 1.36U 1.35'i 1.3814 1.35 1.34 1.34'. 1.30 1.29'j ISH'a Wheat Sep Dec Mar May Jul Oats Sep Dec Mar May Rye Sep Dec Mar May Jul Shot Leads A man was arrested for dis orderly conduct Wednesday after noon after his stepdaughter com' plained that he threw her to tho floor of his house and fired a shot into the floor near her feet The man. 48-vcar-old William D. Shelby, 2236 Radcliffc Avenue, was booked at city jail after his stepdaughter, Shirley Emerson 2666 Eberlein Avenue, signed a citizen's arrest. She indicated to police she may seek a complaint for assault with a dangerous wea pon. She said she hud gone to the house to visit her mother and Shel by had come into the house, grabbed her by the hair and threw her to the floor. Then, she said, he took .22-pistol and fired into the floor, all for no ap parent reason. She called po lice. Charles Monk Services Set TULELAKE - Funeral serv ices will be held at 10 a.m. Sat urday, Aug. 24. for Charles Tom mi Monk, in O'llair's Memorial Cliapcl. Final riles and interment will be in Eternal Hills Memorial Gardens. Father John Dow ing, fxislor of Holy Cross Catho lic Church in Tulelake, will offi ciate. Mr. Monk. 36, a commercial trucker, drowned Aug. 18 while swimming near Sacramento while on a family picnic. He is survived by the widow, 1-ois: children, .lames, 13, Aline. II, Robert, 9. and Louise. 7, all of Tulelake; his mother and step father Mr. and Mrs. Doyle Lot I of Tallulah, La. A sitter and brother-in-law, Mr. and Mrs. Jake Miller are stationed in Gcr- imany. Potluck Planned The annual Euauna Camp pic nic will be held al Wiard Me morial Park Sunday, Aug. 23, serving will begin al noon. Ham burgers and coffee will be furn- nished. Take potluck dishes for the combined picnic lunch. All for mer employes at the camp and their families are invited. III "NAVARRE HATH MADE A VOW ... No woman may approach his silent court." The Princess of France (Shir ley Patton, Ashland), her Lord Boyet (Torn Vail, Port land), and her court have come to Navarre only 0 dis cover that the king has taken a vow of three years' study and will impose a heavy penalty on any woman who en ters in his kingdom, in this scene from "Love's Labour's Losf," at the Shakespearean Festival at Ashland. Also nightly rotated through Sept. 7 will be "Merry Wives of Windsor," "Romeo and Juliet," and "Henry the Fifth." Tickets for the plays are available at Bowden's Music Store, this city. Recreation Chief Says Projects Progressing City recreation director Gary Woodring reported Thursday that several summer development projects are progressing very well. He said the city street de partmcnt is leveling the ice skat ing rink at Moore Park and when this is completed, a waterproof asphalt seal coat will be laid down. In addition, an asphalt curb surrounding the rink will bo constructed. Estimated cost of this project is $4,500, of which $1,400 comes from ice skating admission fees paid during the past two seasons. Woodring said the improve ment will extend the skating sea. son and will provide a more eco nomically maintained facility. The director said Richmond playlol, a "half-acre weed-in- (cstcd eyesore at Second and Mc Kinley streets until about one month ago," is being improved by leveling and contouring and the construction of several fa cililics. Among these are a 270- foot concrete retaining wall, a 32 font-diameter sandpit, a drinking fountain, a night light and an automatic irrigation system. The automatic system is the first to he installed in (he city park sys-j tern. Planting of trees and shrubs before fall is planned for Rich mond. Estimated cost of the proj ect is M.oon, Including the in stallation of some plav anna- ratus next year. A $4,0(10 rcstroom at Kit Car. Ison Park is nearing completion. This building is financed by the Klamath Falls Kiwanis Club, Also, a baseball field has been leveled at the north endl of the park and installation of an underground irrigation system ana planting of glass are sched uled before fall. Construction of baseball backstop is planned lor next spring. At Conger Park, unification of the park and the baseball field into one area Is under wav Grading is completed and con Funerals rtALLOV Puner.l s.rvlc.s for pr.nk BlAir IPl -vrn.oy win r ntm from tin Croel 01 W.rd'i Kl.m.lh Puner.l Heme Friday. Aufl. 11. .1 1:30 p.m., crem.tlon to tollow. HOP. Fun.r.l strvlt.s lor Jumrj Reiltif Hope will b. held lrom the Cheoel el w.rd' (Mtmetn punera Home Fndaw. ...a ?i l 10 e m. Conclutl!r.o ervlce and Inter- mem in Beoneio cemetery. JONES Funeral ervlcei lor Glenn Le.nw ton will be held Friday. Ana IV 1 m i O'Hatr-t Memorial Cheoel. Interment Klemeth Memorial Park. MONK funeral lervlcei lor Cherlei tommle win ne held Saturday. Auo H. 10 m. ,n u Mair-e Memorial Cheoel. Inter menl Elernel Hills Memorial Gardenl. PHILPOTT Funeral services lor Geraldine Chock tool Philooll will b held lrom the Seel. IV Assembly el God Church Frldey, Auo. J3. et 1) A.m. and 1:30 p.m. concluding Services and Vault Inlarmanl l n...... Cemetery. Ward i Klemalh Funeral Home i marge. Picnic Slated Crater ljke Chapter Sweet Adelines. Inc.. will hold a picnic. its Inst, bunday, Aug. 23, at the M a 1 1 n Park. Among invited guests will be members of (he Klamath Falls SI'EHSQSA and their families. Members and guests are reminded to take own table service. Dinner will he served at 1 p.m. For further in formation call Vera llur.nl. chairman, at TL' 4-7923. Ideal Location DOWNTOWN Business or Office Inquire GUN STORE struction of a 6-fonl, 6-inch wind ing asphalt walk across the park from Siskiyou Street to Conger School is to be completed soon. Some landscaping at the park is planned for this fall. Death Claims Funeral services for Frank Blair (Pall Malloy, a longtime resident of Klamath Falls, will be conducted in Ward's Klamath Funeral Home, at 1:30 ,p.m. Fri day, Aug. 23. Officers of Klamath Falls Lodge No. 1247 BPOE w ill be in charge. Cremation will fol low the service. Mr. Malloy was born April 21. 1905, in Lakcview, Ihe son of the late Lena and Dan Malloy. He had worked continuously for the Southern Pacific Company since 1937 and was a freight clerk at the time of his death. Survivors include the widow, Evelyn. Klamath Falls: a sister. Kay Malloy, Salem, and an aunt. Mrs. C. C. Heidrich, this city. Honorary pallbearers will be Curtis. Marion, Gary and Wil liam Hcidrk-h, Everett Miner, Dola Clemens, all cousins; Chct Shriver, Frank Pevton. H a r v e Hoselton, Richard Havden, Rav Ruger and Zeno Dent. Oil Spill Starts Fire At Firm Oil spilled from a drum during remodeling of Knight Sheet Me tal, 2328 Wiard Street. Wednes day evening caught fire. County firemen extinguished the flames before they could spread to the buildina and no damage was listed. The alarm was turned in at 6:24 p.m. r 11 omen saia names lrom a nearby trash fire ignited the nil. which had spilled on the ground FOR CLEARER UNDERSTANDING of the important newt from Washington, read the column by the noted po litical correspondent and Pulitzer Prize-winning author William $. Wkie Clear, concise, impartial reporting and analysii . . . Three times each week, in Starting Sept. 3 Pair Debates Test Ban Before Chamber Group Nations without nuclear cauabil ities would find it more difficult to develop in the nuclear field un der the regulations of the U.S. Soviet Nuclear Test Ran Treaty. Wayne Blair told the Klamath County Chamber of Commerce during its weekly meeting at the Pelican Cafe Wednesday. Further, the establishment of the treaty would also tend to re duce world tension. Blair com mented as he pointed out the advantages of the proposed treaty while Dr. Glenn Miller remarked on the opposing view during a brief debate follow in the cham ber's business meeting. The debate was nail of the chamber's program which also in eluded remarks by Chamber Man ager George Callison relating to the Winnemucca-to-the-Sea High way Association and the Okano gan Cariboo Trail Association: a report by Floyd Wynne, director of the Local and State Affairs torn mittce, on tax referral petitions in circulation within the state, and comments by Jim Monteith, presi dent of the chamber, on the forth coming election of five new mem bers to the board of directors and the resetting of the date for the chamber's annual board meeting. In continuing his assertions, Blair said the treaty would result in eliminating the pollution of air and water with Strontium 90. which has increased in the atmos phere due to nuclear testing. "I disapprove of the possibility that we will leave our progeny a legacy of such pollution," he said. Dr. Miller later argued that studies made of radioactivity in the atmosphere have indicated that the increase of radioactive; material in the air due to fission able explosions has been negli gible. In rebuttal, Blair cited some reports which were contrary to information presented by Dr. Mil ler. Blair stated that surveys had proved that some residents of Utah and others living in the Arc tic had assimilated significant amounts of radioactivity. On another point, Dr. Miller failed to perceive how the United States could profit by entering into a treaty with the Soviet Un ion, because "history reveals that the Soviet has not honored its treaties," he said. He referred more specifically to the Gcrman-Russo nonaggression pact before World War II and the treaty of Versailles. "That na-l lion's attitude toward treaties still hasn't changed," he pointed nut Dr. Miller agreed with Blair that the establishment of the treaty might reduce world tension. "It would probably reduce our ten sion to the point of lulling us to sleep and placing us off guard,' he concluded. In other business, George Calli son reported that nearly 100 mem bers of the Okanogan Cariboo! Trail Association from as far away as Alaska would meet here Saturday, Oct. 5, before proceed ing to their annual convention in Reno. Oct. 6 and 7. Callison remarked that the Tour- st and Convention Committee would meet soon with the Roads' and Highways Committee to pre pare a program for the associa tion's preliminary meeting in this! cilv. The association is comprised of members of chambers of com- merce, boards of trade and indi vidual memberships from Fair banks, Alaska, to Reno. Nev., and has been instrumental in cam paigning to have Highway 97 des ignated as the official Pan Amer ican Highway linking Alaska with South America. On another matter of high ways, Callison disclosed that some 15,000 brochures publicizing the Winnemucca-to-the-Sea Highway had been received by the cham ber for distribution to the public. The 496-mile long highway passes through three states and links Winnemucca, Nev., with Crescent City, Calif. Most of the route is through Oregon and along high way which had been in use before the new east-west route was es tablished. On the subject of taxes, Floyd Wynne suggested that the cham ber should defer at this time mak ing any recommendation on the tax referral petitions being cir culated throughout the state. The petitions refer to the Per sonal and Corporation Income Tax Bill which became law during the last session of the ecis ature Wynne stated that some 4,000 signatures had been obtained Klamath County and are part of the more than required number of voter signatures which have been acquired in the state and needed before the issue may go to a relerendum. Earlier during the meeting, Jim Monteith received the approval of the membership to postpone one week the September mectinc of the board of directors as well as the chamber's annual board meeting set for October. The latter session has been re scheduled from Oct. 2 to Wednes- day. Oct. 9, while the other has been reset from Sept. 3 to Tuesday, Sept. 10. Monteith also reminded the chamber that the election of five new board members from among a slate of 10 candidates would be held Wednesday, Sept. 4, with the ballots to be canvassed bv five-man committee he named atl the meeting. The committee includes Vein Owens (chairman, Russ Tisdale Dave McClements, Al Brock and Sam Ritchey. Illness Proves Fatal To Youth Glenn LeRny Jones, 17, a 1963 graduate of Klamath Union High School, class of 1963, died at the City of Hope Hospital in Duarte, Lain., Aug. 17, following a lengthy illness. He was a victim of cancer. The youth suffered am putation of a leg last fall, but with home tutoring accomplished grad uation with his class. He was a native of Klamath Falls, born Aug. 20, 1945. Funeral services will be held Friday, Aug. 23, at 3 ,p.m. from O'Hair's Memorial Chapel with Rev. Laing Sibbct of Peace Me morial Presbyterian Church of ficiating. Final rites and burial will be in Klamath Memorial Park. Survivors are his parents. Mr and Mrs. Herbert E. Jones, Klam ath Falls; two brothers, Kenneth Jones, San Diego, Roger Jones, Klamath Falls; three sisters, Su san, Dehra, Laura, Klamath Falls: grandparents. Mr. and Mrs. E. C. Jones, Klamath Falls, and Mr. and Mrs. E. F. Wood ward. Seattle. , . t A !..,--. --. . . , - 4-'-t - j 1 1Jr' t , f s 4 h, ew -..."' ' f r ; :? - r . ; . . : ; Whs; hi: i HARVEST TIME This is typical harvest scene with harvesters biting into great fields of barley in the Klamath country. This equipment, handled by one man, cut and threshed barley in the Tulelake area, and tunneled grain into a truck for delivery to the elevator. Grain harvest, including mailing barley, durum wheat and oats it now under way. Jury Here Finds Airman Guilty Of Simple Assault A jury of seven women and five men Wednesday night con victed Charles Wesley Jones of simple assault and battery after deliberating nearly five hours. Jones, a 19-year-old airman from McChord AFB, Wash., had originally been charged with as sault and battery with force like ly to produce great bodily harm. But the jury reduced this to the misdemeanor charge. Jones was accused of beating a teen-age Klamath Falls girl dur ing a party at a house near Kmg sley Field May 19 after the girl had resisted his advances. Circuit Court Judge Donald Pi per called for an invcstigalion into Jones' record before sentenc ing. The trial began Monday morn ing and Asst. Dist. Atty. Bob Thomas called 18 witnesses and produced 36 exhibits before clos- Thefts Checked By State Police Oregon Slate Police are inves tigating two cases of theft which were reported at the parking lot of the county fairgrounds during the Junior Livestock Show Tues day night. Dick Houck, Rle. 1, Box 622. told police that four cone shaped, chrome hub caps were removed from his car while it was parked in the lot. The other theft was made known by John Tofell, Rte. 1, Box 132, Bonanza, who stated thai ap proximately 10 gallons of gaso line were siphoned from his auto mobile. the ,..kaCK . ,rtlO ' . lias. P. ing his case Wednesday morning. Defense attorney Richard Bees ley rested his case a few min utes later w ithout calling a single witness. But in his summation Wednes day afternoon, Beesley charged that the prosecution had not proved its case and called for acquittal. The jury retired at 3:45 and returned at 8:30 with its ver dict. At the time of the incident in May, Jones was visiting Kingslcy Field from McChord to take part in an Air Force talent show. Grass Fires Extinguished City and county firemen Wed nesday afternoon extinguished four grass fires, none of which caused any damage. County firemen's first call came at 4:11 p.m. The grass fire was burning at 2033 Madison Street on property owned by L. F. Moore. City firemen were called to the 1600 block of Worden Street at 2:30 p.m. to extinguish a grass fire in a vacant lot. At 6:28, they went to the banks of the canal behind Esplanade Court. There was no damage to the court. The last fire was reported at 8:32 p.m. in back of Conger School. $1,000 REWARD FOR INFORMATION leading to the arrest and conviction of per sons shooting into my cattle, which took place on Gov't access road 8 mi, west of Keno, July 15-18. Please Report to L. V. Howard Keno, Ore. All Reports Confidential keep your secret.., CHIC MOTHESS-TO-BS ADORE ED VOLIN'S BABY-DOLL, LOOK! CHARMINGLY S MOCKED. SO FRCB AND EASY, SO VERY NEWj OF SOFT KODEL POLYESTER, WASHABLE, DRIP-ORY. LOCKED-IN COLOSSI WILOBERRY RED, BREEN, ( BROWN' GREEN) AND CAPRfBLUC. -, MATERNITY SHOP Police Bring Theft Count A 37-year-old transient was ar rested by Klamath Falls police Wednesday afternoon on a war rant charging him with the for cible robbery of a man here July 31. ; A ipolicc officer spotted Ijw rence Glen Weed, walking down Sixth Street and took him into custody on the warrant, stem ming from a grand jury indict ment. Weed is accused of stealing a wallet containing $30 from Pele Larsen July 31 as the two men walked down Cedar Street. A police report says a witness saw the two men jet out of a taxi and walk down the street. He said Weed suddenly hit Lar sen, grabbed his wallet and ran. The witness, George Williams, watched the incident from his front yard, chased Weed, caught him, and held him for police. Weed was charged w ith drunk enness and was later released pending action by the grand jury. Farmers! Loggers! Bulk Gasoline Competitive Prices and S&H Green Stampi TANKS AVAILABLE CliffYaden's SERVICE 2560 So. 6th TU 2-7201 OPEN 24 HOURS $1798 1 7