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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Aug. 30, 1963)
I PAGE 4 Friday, August JO, HERALD AND NEWS, KJamath Falls. Oregon 1963 Cake Leads Housewife YV.' MARKETS and FINANCE Stocks NEW YORK STOCKS By I'nited Vrr International Altied Chemical Alum Co Am American Air Lines American Can American Motors A T A T American Tobacco Anaconda Copper Armco American Standard Bethlehem Steel Boeing Air Brunswick Caterpillar Corp Chrysler Corp Coca Cola f.BS. Continental Can Crotvn Zcllerbach trucible Steel Curtiss Wright XD tow Chemical DuPont Eastman Kodak Firestone Ford General Dynamics General Electric General Foods General Motors General Portland Cement Georgia Pacific Greyhound Gulf Oil Homestake Jriaho Power 16.M. Irit Paper Jdhns Manville Kcnnecott Copper Lockheed Aircraft Martin Merck Montana Power Montgomery Ward Northern Pacific Pac Gas Elec Penney J.C. Penn It ft Permanente Cement Phillips Procter Gamble Richfield Oil Safeway Settle SlieU Oil Socbny Mobil Oil Southern Co. Southern Pacific Sperry Rand Standard California Standard Indiana Standard N.J. Stokean Camp Sun Mines Texas Co. Texas Gulf Sulfur Texas Pacific Land Trust Thiokol Trans America i trans World Air Tii-Continenlal Union Carbide Union Pacific tJnited Aircraft United Air Lines ti.S, Plywood U.S. Rubber U.S. Steel United Utilities 3U M tm 47'; 18 124' i SO 6 Pi m 31H 35 12 44 72 H 73' 49 24' j 20', SI 24.1 U 110 35i 34 2'k 81'i SflH 75',4 224 53'i 45 49H 52 35H 444 31H 49 74'. 37V, 19'4 107'. .'19 21 3 IT. K'.'i 2144 17 53'i 78-i 50 62 '-4 94 46tt 73 55Ai 36 15U 66 n 7('i 23 10 73 15 27Vi 54Vi 23 4811 4(Bt 45 39! t 5!W 49 5134 38Ta WALL STREET NEW YORK ILPII - Stocks surmounted a bout of preholiday profit taking today and closed higher. Electronics and oils paced the gain. Minneapolis-Honeywell, Con trol Data, Electronic Associates, Consolidated Electronics, and Ccn co showed the best gains in 1,k electronics. Texas Gulf Producins. Genera American. Wilcox. Amerada. Shell and Universal featured the oil gainers. WALL STREET CHATTER NEW YORK 'UPIi L. 0 ltoooer of W. E. Hutton k Co. notes that after Labor Day mar kets are always psychologically important since they represent the omnions ot returning " rinn.i- uhn have had time to think. "These after Labor Day mar. kets usually are influenced by the less emphatic trends which make themselves felt in August, ine trend during August has been confidence building rather than confidence breaking," he notes, Most of the unfavorable things Deoole have been talking about have not happened, Hooper aims. Reynolds & Co. notes that cer tain groups have been consistent ly outperforming the general list and should continue to do so They are air transport, autos, soft drinks, drugs, fertilizers, food, oil, radio-television, retail stores, tex tiles and electric utilities, it says. Martin Gilbert of Var, Alstyne Noel tc Co. says that the tech nical pattern is an excellent one indicating higher levels for the Dow-Jones industrial average with the near term viewpoint fa vorable toward an attack on the all time liighs. Gilbert points out that there is considerable over hanging resistance "but as far as we are concerned, the potential is for an upward breakthrough to new peaks." Into National Bake-Off A Klamath Falls mother of five young children today was named one of 100 finalists in Pilbbury's 15th Grand National Bake-Off to Crops Pose Price Problem (Continued from Page 1) MUTUAL FUNDS Prices until 10 a.m. PDT today Bid Asked Affiliated Fund Atomic Fund Blue Ridge Bullock Chemical Fund Colonial Fund Comw. Inv. Diver Growth Dreyfus E & H Stock Fidelity Capital Fidelity Trend Fundamental F. I. F. Founders Fund Group Sec Com Gr Sec Avia El Hamilton ll.D.A. Hamilton C-7 Incorp Inv. ICA Investors' Group ; Intercontinental 1 Mutual ; Stock ; Selective Variable foystnne S-l Keystone S-:t Kevstone S-4 M.i.T. M.I.T. Growth Nat'l Inv. Na'l Sec Div Nat'l Sec Growth Nat'l Sec Stock Putnam Fund Putnam Growth Shareholders Sup Inv Ser United Accum United Canada United Income United Science Value Lines Wellington XD Windsor Whitehall 8.43 4.77 12.20 13.92 12.13 11.80 10.17 8.98 18.16 14 39 9.29 15.47 10.23 4.50 6.40 13.77 688 5.13 5 26 7.3p 10 93 6 10 11.73 19.33 10.52 7.10 22.78 15.57 437 15.43 . 8 56 15.94 425 827 8.71 15.40 907 11.23 7.62 15.18 17.60 12.89 7.11 5 44 14.81 14.44 13.98 9.12 5.21 13.33 15.76 13.19 12.90 11.11 9.84 19.74 15.55 10.10 16.82 11.21 4.93 6.96 15.08 7.55 575 8.00 11.95 6.59 12.68 20.90 11.25 7.69 24 86 16.99 4.78 16.86 9.36 17.23 484 9.04 8.97 16.B3 9.91 12.27 831 16.59 19.17 1409 7.77 S.95 16.14 15.70 15.11 LIVESTOCK PORTLAND UPI) Weekly Livestock: Cattle 2,600; Slaughter steers, good and choice steady 25-25.75, good 21.75-24.50. standard 19-21.50. Slaughter heifers, mostly steady, mixed good and choice 23.50-24.25, good 21.50-23.50. Cows, steady to 50 cents lower, utility and com mercial beef breeds 14-17, utility dalrybred 12-14.50. Bulls, steady cutter, utility and commercial closed at 17-19. Feeder steers, steady to weak, few choice 23.50- 24, most 21-22.50. Calves 550. Steady except some choice vcalers $1 lower. Slaughter, good and choice 24- 27. Feeders, good and choice 23-28. Hogs 1,575. Barrows and gilts, 75 cents lower, late sales 1-2 18.- 50, few 2-3 18, few 1-2 260-270 lbs 16.50-17. Sheep 3,000. Slaughter spring lambs, fully steady, choice and prime wnolcd 18-18.25, choice and prime shorn 1-2 pelts 17-17.25, good and choice 2-3 pelts 16.50- 17. Slaughter ewes, steady, cull to good 3-4.75. Feeder spring lambs, steady, good and choice 1214.50. For rye. the market price is currently $.18 a ton. comparing with $41 40 a Inn as the ba.sic loan rate. No additional price siij)ort is authorized for oats or rye. Effective in 1964, no price sup port funds are autliorized for wheat, oats or rye. The overall picture at tlic pres ent time, comparing commercial prices with ba.sic loan rates plus support prices, indicates that in wheat a rancher would favor the basic loan rate if he has his own storage facilities and it would be a toss-up if he has to pay com mercial storage prices as to whether he stored or sold his wheat. In feed barley, at the moment the commercial market appears to offer the most promise, al though a rancher with his own storage facilities would find it a toss-up. However, faced with the necessity of having to handle his crop twice, once into storage and again when he sells it to the gov ernment, he might find the com mercial market more attractive. In oats, the rancher again would find he could gain about $.75 a ton under the basic loan rale if he has his own storage, but he would have to consider also the double handling of oats under a storage program. The rancher without storage would lose by accepting the basic loan and not selling commercially, depending upon when his crop went into storage or was sold. For rye, the rancher would ap pear to benefit in either case un der adopting the basic loan rate whether he did or did not have sufficient personal storage facilities. Deducting the full term storage price of $3 per ton from the basic loan rate, he would come up with $38.40 a ton compared to the mar ket price of $38 a ton. and the per son with storage of his own would come up with $41.40 a ton com pared to the present market price of $38 a ton. This explains why, today, rancher must be- more than Just able to raise a marketable crop. He must then be able to pick the proper mothod of disposing of his crop and in (some cases that can be quite a task. Charles Street, ASC manager, indicated that no applications had yet been received for grain loans of any kind, but, he added, this was normal. Ordinarily, he indi cated, loan applications begin about mid-September and contin ue into October and November. Officials Warn Archers Of Extreme Fire Danger Potatoes PORTLAND UPI) - Potato market: Wash. Russets 3.15-3.50; bakers 3.75-4 25, Szd. 2 oz spread 4.75-5; U.S. No 2s 2.30-2.35, U.S. No 2s bakers 2.50-2.75. I"': 1 R3' 1.87 1.8.W 1.57'p 1.76 1.82 1.83' I 1.82 1.5614 1.77V-i 1 86'. 1.87 I.8.V4 1.57-'i Grains CHICAGO (UPI'-Grain range: High Low Close Wheat Sep Dee Mar May Jul Sep New Oats Sep Dec Mar May Rye Sep Dec Mar May Jul LOCAL SECURITIES Rid Asked Bank of America 66 69 Boise Cascade 32'j 34 Cal Pac Util 2"' 29' Con Freight 10 lo4 Cyprus Mines 24' 25'. Equitable S k L 33 37 )st Nat'l Hank 72 7ji danUen 22' 244 Morrison Knudsen .10', 82'i Mult Kennels J'fc S fc.W. Natural Gas 35 37 Oregon Metallurgical I 1 PGE 28' 4 29 PP4L 28' , 30 U.S. Nat'l Bank Rl 87V4 West Coast Tel 24 25 Weyerhaeuser 31 33 I K 1.59 1.58 l.3'.'a- .64 .67 .69 .69 1.30 1.35 1.38 1.37 1.32 .63 .67 .6R .69 1.29 1.34 1.37 1.36 1.32 .64-63' .67 .69 .69 1.30 1.35- 1.37 1.36 1.32 be held Sept. 15-17 in Beverly Hills. Calif. She is Mrs. Vernon H. Sher mer. Route 1. Mrs. Shermer will go to Beverly Hills to compete ith 99 other prize-winning bak crs from throughout the United States in the International Ball room of the Beverly Hilton. The grand prize in the $100,000 con test is $25,000. Oregon has one other finalist in the contest. She is Mrs. Frank McCue. 3.7)8 NE. Alberta Ct Portland. As a finalist. Mrs. Shermer is aheady the winner of a General Electric range and mixer, a $100 cash prize and full expense money for the trip to Beverly Hills to compete in the bake-off. Mrs. Shermer won a place in the finals with her recipe for a chocolate cake featuring peanut butter and brown sugar flavor ingredients. The recipe was submitted for judging on a na tionwide basis earlier this year. Mrs. Shermer bakes almost ev ery day for her husband and their children: Tercse, 9; David, 8; Denise, 6; Catherine; 5, and Sandra. 2. She prefers to make bread because slie finds it easy and versatile, but her family's fondness for cake also puts i'. high on her list of baking musts. She also turns out rolls, casser oles, pies and other desserts Irom her large collection of recipes. Mrs. Shermer was born in Sid ney, Mont., and attended Jef ferson High School in Portland, Ore. She is a member of Uie PTA and the Women of the Oregon Farm Bureau. She attends Mt. L a k i Community Presbyterian Church. Mrs. Shermer's many hobbies include vegetable and flower gar dening, sewing, photography, col lecting articles and pictures of early America, and reading par ticularly books based on the Civil War period. One of her ambitions is to write a novel based on the Homestead Act signed in 1862 by Abraham Lincoln. If she is a bake-off winner, she plans to use her money win nings for her children's educa tion and to buy additional farm land. - .i.f':' r t-4 '- St. m -u-4 9k j Mt ' ' - y --.. i. -. it. iit vW .I':- 1 mil . Ht" -4 4! 1 ur IF iffciai ifiiiiii FINALIST IN BAKE-OFF Mrs. Vernon H. Shermer, Route I, Klamath Falls woman, will be composing for top prize of $25,000 Sept. 15-17 at Beverly Hills, In the PilUbury't 15th Grand National Bake-Off. Mrs. Sher mer Is one of the 100 finalists named for the event. As a finalist she is the winner of many prizes including the expense-paid trip. At left, she is shown as L. E. Fahey, Portland representative of the firm, presented her with news of her selection. At right, she n shown as tha homemalcer for her husband and five children. Mrs. Shermer won a place in the finals with her recipe for a chocolate cake featuring peanut butter and brown sugar flavor ingredients. If she wins the finals, Mrs. Shermer indicated she would use the money to educate her children and purchase additional farm land. Photos by Mollenkopf Bus Routes Scrambled The starting points and times for two Klamath Union High School bus routes in Thursday's Herald and News were switched. It said that Route 1 starts at 6:10 a.m. at South Sixth and Madison and Route 1-a starts at Washburn Way and Eberlein Ave nue at 6:35. Actually. Route l-a starts at 6:10 at South Sixth and Madison and Route 1 stHrts at 6:35 al Washburn and Eberlein. A com plete list of routes with draw ings was in Thursday's newspap er, Page 1-C. There's a great awakening of conservatism on the college cam pus, especially in the Midwest and the Northwest," Jim Gwart ney informed members of the Kiwanis Club Thursday noon at the Winema Hotel. Gwartney, a Washington State University graduate, is one of a trio of three young men who have undertaken the task of speaking on "Conservatism on the Campus" to any and all serv ice, civic clubs, chambers of commerce or other public gath erings willing to listen. A graduate economics major, Gwartney is also co-editor of the publication "Viewpoint" which expressed the conservative view as it relates to the campus. He outlined the belief of the young conservative as supporting limited constitutional govern ment providing maximum in dividual freedom. The conservative believes in putting the emphasis on in dividual freedom, not majority thinking," he said. One of the major problems fac ing the conservative, he told the group, is "how to preserve the individual freedom from the na tional government's encroach ment." All Winema National Forest land within the area designated for archery hunting is open to archers with the beginning of the season, local forest officials said today. Burning conditions arc high in spite Of the cool nights, and forest visitors are urged to use extreme caro with tire. Hunters are particularly cau tioned about the use of warming fires. Avoid building tires in any material which cannot be readi ly extinguished. Clear an area to hare soil around the fire spot. Completely extinguish every firo before it is left. Except when traveling as n pedestrian, a shov el, axe and one-gallon water con tainer must be carried if camp- tires arc built at unimproved camps. The weekly recreation report from the forest indicates that all roads are open, but many are dusty. Cinder roads on the Che- mull District are rough. The like of the Woods-Fish Lake road is very rough and travel is not recommended. Doug Shaw, Che mult district rnimer, reminds vis. ilors of truck traffic on the Mil- er 1-akc road. On the Chcmult District, Digit Campground remains closed be cause of construction. Undevel oped campgrounds at Gideon Creek and Miller Creek are avail able in that area. Miller Lake has not heen restockecl Trails to Mai- du Lake and around Miller Lake are open. The trail to Howlock Mountain is own for about a mile. On the Chiloquin District Wil liamson Campground, as well as the back country camps, is re ceiving heavy use. Fishing reports indicate that good catches are bring taken on the Sycan and Williamson rivers. AH trails on the Klamath Dis trict are in good condition. White Pine picnic area and Kainlxnv Ray Campground are open. As pen Campground remains closed due to construction. Among small er campgrounds on the district are Odessa Creek. Scvcnmile Marsh and Cold Springs. Trails in to the Skv Lakes Area mav be taken at Sevenmile Marsh and Cold Springs campgrounds. SUB FIRE KILLS ONE WASHINGTON IUPH The Navy said Thursday that one sea man was killed and six others in jured in a fire aboard the sub marine Grayback. It said the fire occurred while the Graybjck was on a training cruise in the Tacific. Funerals KIIIII Fvnlrcl mvicti (or Wilwm An4-r KHtH will htid from to tMr" of Wrd' Klf"'r) Fimtftt Momt Surri4,. Aug 31. ' e m. Concluding Mrvict.1 Klm4ll Mlmorlll Prk. OAlLiOHm Ro,iilm Mn lor lnl 0MoSr wilt ht held Irom SurrJ Mfrl t alhoMi Churrh Silurdnv. Aug 11. l 1 m RfCitnllon ol Moty Hory WA'd I Klm m Fonrl Hom Fnrtnv. Aug. . l ttm. Concluding rvlc And vAull In ltrmnt In Mill Omtltry. Obituaries AAMLtTTI Clvd J, rVmint. M. dif-d Aig 7 Survlvtd by th widow. Will4dnt. Pt. Ity. Fvntral ttrvlctt Sftlurdny. Aug. )l. 1 o m. In tht FiMt BapMI Churrh, tat. view. Inttrmtnt Waillld Ccrrtltry. Out Young Speaker Offers Conservative Viewpoint He pressed for adherence to the dispersal of authority on the na tional level, pointing out that dis persal was originally provided by setting up three distinct branch es of government, the executive. the legislative and the judicial. In addition, he noted, further dis persal is provided by the consti tution which states that all rights not specifically granted to the federal government are hereby reserved to the states. Praising free enterprise as the "most effective system ever de vised by man to preserve indi- v l d u a 1 freedom of choice. Gwartney termed it a system that provides the most good for the most people. Gwartney also spoke to the Klamath Falls Rotary Club at noon Friday. ft rt:,: ( A -t-S - - V-;?. i , v lmmr",- i. li-,Mi V-tA . HENRY F. MARTIN Martin Rites On Saturday funeral services or Henry Fleming Martin, who died Aug. 28, will be held Saturday. Aug 31. at 10:30 a.m. from O'liair's Memorial Chapel with Rev. Quinn Hawley of the Congregational Church officiating. Final rites will be in Klamath Memorial Park. He had been ill four months. Pallbearers will be officers of the Klamath Production Credit Association with which Mr. Mar tin had been affiliated for 13 years. They will be 11. M. Tuck er. Wilbur Hnrnsherger. Bryant Williams, Murel Long. Robert Garrison and Don Krider. Loss Heavy From Fire In Suburbs A house fire at the Dwayne Kester residence, 5000 Homedale Itoad, that resulted in major damage to the interior of the home, was one of four fires that Suburban and County Fire Depart ment crews were called on to ex tinguish Thursday. The living room and kitchen at: tlve Kester residence was badly damaged and all the furniture was destroyed. Smoke caused moderate damage throughout the house, suburban firemen said. The cause of the fire is un known and suburban firemen will return to the scene today in an effort to determine the cause. Suburban firemen were also called out at 3:16 p.m. Thurs day to extinguish a fire in a chicken house at the Lloyd Ball residence, 3047 Cannon Street. There was no damage to the chicken house and the cause of the fire was unknown, firemen said. The County Fire Department made two grass fire runs Thurs day and damage was slight in both fires, they reported. At 2:51 p.m. the firemen went In the intersection of Dehlingor anct spring Lake roads to ex tinguish a grass fire that started when a controlled burning fire got out of control and set some dry grass aniae. mere was no dam ace in this fire. ' WILLIAM KEESEE Service Set For Keesee Funeral services for William Andrew Keesee, 61, a native of Klamath County and a lifelong resident, will be held at 2 p.m. Saturday, Aug. 31, in Ward s Klamath Funeral Home. Conclud ing services and interment will he in Klamath Memorial Park. He had been ill for several years and died at the family home, 4767 South Sixth Street. He was born Jan. 19, 1902, the son ot hllen Hose and Henry Ward Keesee, Klamath County pioneers. His father was among (he first attorneys in Klamath Falls. Mr. Keesee served in the U.S. Navy in 1919 aboard the USS Ida ho. He devoted much time to the Boy Scouts and served as merit badge councilor, teaching wood carving. He was particularly noted for his carving ability and won wide recognition for his in tricate work, especially in the re production of modes of travel from the early day to the pres ent. Survivors include the widow, Agnes, Klamath Falls: four sons, Robert D. of Los Anqeles, Jerry L., Algona, Wash., William D., and Darrell G. Keesee of Klam ath Falls: a sister, Mrs. Bonita Gulley, Klamath Falls, also 13 grandchildren. Two Undercover Agents Set Up Raid On Tavern Klamath Falls police, using two undercover agents and marked money. Thursday night raided a Main Street tavern and arrested four men for conducting and be ing engaged in a gambling opera tion. Police said the men had been playing poker and the game was "owned by two of the play ers. Brvon Archer, 57, 339 McKinley, and William King, 32. 710 Main. were charged with conducting the game. They were identified by police as part-owners of the game. Jack Charles Andrus. 50. and Clyde Carl Byrd, 51, both of Klam ath Falls, were charged with en gaging in the game. Officers said the raid was the culmination of an extensive inves tigation of report? of organized gambling in the rear of the Eagle tavern, 625 Main. Thursday evening's events be gan at 7:35 when one undercover agent was given $15 in marked money by police. Police gave this account of what then happened: The agent with the money en tered The Eagle, followed short ly thereafter by the second agent. The first man was not a police man, while the second was a Klamath Falls officer dressed in plain clothes. The first agent went directly to the back room of the tavern while the second man lingered for a while at the bar and then wan dered casually to the lack rooro. There, he later reported, he saw five men playing poker with chips, including the first agent. He w atched the play for 20 min utes and then reported his find ings to police headquarters via telephone. Given the go-ahead by head quarters, the policeman then re entered the gambling room and identified himself as a police of ficer. At that point, more officers ar rived and scaled exits of the tav ern. The five men at the table were taken into custody and the names of other men in the room were noted, but they were not arrested. One of the five the undercov er agent was later released. Police also confiscated a cabi net, which, they said, was used by. Archer and King to "bank" the game. Inside the cabinet was $57.60. Police said the game was being played for low stakes. Pool Hours The Klamath Municipal Pool will remain open during the month of September, according to the manager. Adolph Faller. The hours will be from 2 to 6 p.m. foiiowing the Labor Day holiday. The pool will be. closed all day Sc.ji. 3. Date Changed BONANZA The Bonanza Wom en s Club will meet Wednesday at 2 p.m. instead of the regular Tuesday date because of the Labor Day holiday. The eluh also will sponsor a coffee hour on Wednesday at the library begin ning at 9 a.m. All women in the community, especially newcom ers, are invited to nttend. Three Coses Of Diseases Noted Here Three cases of communicable disease have been reported in Klamath County for tha week end ing Aug. 17, according to infor mation from the Oregon State Board of Health. Two of the three cases were diagnosed as German measles while the other was Colorado tick fever. Meanwhile in Jackson County, 18 cases of communicable dis ease were reported, including six cases each of pneumonia and mea sles, five of influenza, and one of German measles. No cases of such diseases were reported in Lake County during the same pe riod. This year to date, eight cases of infpctinus hepatitis and six cases of tuberculosis have been diagnosed in Klamath County. like father4- Ideal Location DOWNTOWN Butiness or Office Inquire GUN STORE HAVE YOUR CAR WASHED , . . aatomttlrilly In leu than It mlnnlci, $!.&. Sparkle Car Wash 4023 Ss. Siith ET EVERYTHING for SCHOOL "IT KLAMATH FALLS PRICE jp WmmW slashed i I r 1 1V PRICE SLASHED BELOW COST ELUXE MOWERS FOX-HOWARD WITH 2' i H.P. 4 CYCLE YBRIGGS & STRATTON ENGINE ?- EQUIPPED WITH WIND-UP SELF STARTER! 00 FINIST QUALITY AND FULLY GUARANTEED! REDUCED FOR CLEARANCE TO JUST 'J m S$$$E love son For every man who ever fell In love with a Jeep-a mew kind of family station wagon has been born, Tha 'Jeep' Wagonear. It's tha first station wagon ever built to ofler the comfort, silence, spaed and smoothness of a passenger car- plus the traction and safety ol 4-wheel drive. It's sheer pleasure to drive. Simple too. One lever puts you In 4-wheel drive. So at a second's notice you can shift into greater safety. ..from wheel-spinning In mud or snow. ..from skids on slick surfaces. ..from getting stuck or going out of Control on the highway or offl The Wagoneer really makes a demonstration worthwhile. It'll 'be your most exciting 30 minutes behind the wheel In 1963. Also in 2-wheel drive models. See your 'Jeep' dealer. KAismm Jeep corporation, Touda i, Oh' shift Into greater aalety M3v;ji:i: i avagoxeer tha family wagon with 4-wheel drive JOE FISHER 677 So. 7th St. Klamath Falls, Ore. KAISER PRESENTS THE c ;j -a.a pM lloyd bridges show nm), IU:oU r.M. lty-Otlrman In cntrg ol Arrng4mnti
