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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Sept. 18, 1963)
32 :1 PAGE 44 HERALD AND NEWS, Klamath FiUi, Or. MARKETS and FINANCE Stocks ; NEW YORK STOCKS By United Preu International Allied Chemical Alum Co Am American Air Lilies American Can American Motori AT&T American Tobacco Anaconda Copper Armco American Standard Bendix Corp Behlehem Steel Brunswick , Caterpillar Corp Chrysler Corp Coca Cola C.B.S. Columbia Gas Continental Can Crown Zellerbach Crucible Steel Curtiss Wr'ght Dow Chemical Du Pont astman Kodak Firestone Ford General Dynamics General Electric General Foods General Motors General Portland Cement Georgia Pacific Great NorthernRy Greyhound Gulf Oil Homestake Idaho Power I.B.M. Int Paper Johns Manville Lockheed Aircraft Martin Merck Montana Power Montgomery Ward Nat'! Biscuit New York Central Northern Natural Gas , Pac Gas Elec Penney J.C. Penn RR Permanente Cement Phillips Procter Gamble Radio Corp Richfield Oil Safeway Sears Shell Oil Socony Mobil Oil Southern Co. Southern Pacific S perry Rand Standard California Standard Indiana 52i 64V 2Wi 44 19' Zl'i 4OT 62 18 50 31'i 12',i 77 103 74, 29' 45 92 23V4 20 59 246 112 36 55'4 24 81 87 77 2l'k 54 53 45 49 50 35 450'4 34 48 36 19 100 38 38 56 22 55 33 45 20 17 54 79 72 48 63 97 45 74 54V! 34 Standard N.J. 71 Stokely Van Camp 21 Sun Mines U Texas Co. 70 Texas Gulf SuJfur 16 Texas Pacific Land Trust 28 Thiokol 20 Trans America 52 Trans World Air 21 Tri-Continental 47 xd Union Carbide 107 Union Pacific 39 United Air Lines 36 U.S. Plywood 63xd U.S. Rubber 48 U.S. Steel 53 United Utilities 39 West Bank Corp 41 Westinghousa 39 Youngstown 29 MUTUAL FUNDS Prices until 10 .m. PDT today Bid Asked Affiliated Fund 8.47 9.16 Atomic Fund 4.89 5.34 Blue Ridge 12.21 13.34 Bullock 14.14 15.48 Chemical Fund 12.13 13.19 Colonial Fund 11.90 13.01 Comw. Inv 10.18 11.13 Diver Growth 9.06 9.93 Dreyftis 18.17 19.75 E4H Stock 14.46 15.62 Fidelity Capital 9.40 10.22 Fidelity Trend 15.79 17.16 Fundamental 10.29 11.28 F.I.F. 4.42 4.84 Founders Fund f. 44 7.011 Group Sec Com 13.81 13.12 Gr Sec Avia El 7.01 7.69 Hamilton H.D.A. 3.13 5.61 lncorp lnv. 7.37 8.05 ICA 10.96 11.98 Investors' Group Intercontinental 623 6.76 Mutual 11.83 12.79 Stock 19 58 21.17 Selective 10.43 11.15 Variable , 7.20 7.78 Keystone S-I 22.63 24.69 Keystone S-3 13.67 17.10 Keystone S-4 4.45 4.86 M.I.T. 15.64 17.09 M.I.T. Growth 8.61 9 42 Nat'l Inv. 16.09 17.39 Nat'l Sec Div 4 16 4.66 Nat'l Sec Growth 8 32 9.09 Nat'l Sec Stock 8.17 8.93 PuUiam Fund 15.40 16.83 Putnam Growth 9.10 9.95 Shareholders 1126 12.21 Supervised Inv Serv 7.72 8.41 United Accum 13.21 16.62 United Canada 18.14 United Income 12.80 13.99 United Science 7.17 7.84 Value Lines 7.34 8.0 Wellington 14.90 16.24 Whitehall 13.94 15.07 Potatoes PORTLAND (UPD - Potato market: Wash. Russets 175-1.00; Bakers 3.354.63: Szd. 3 Of spread 4.00-4.25, 8-14 OS S.15-3.50, U.8. No 2s 200-2.25; U.S. No 2 Bakers . 2.25-2.50. Wedaeidsy. September la, 1963 WALL STREET NEW YORK (UPI) - Stocksl were beat back today after inch ing slightly higher early in the session. Steels continued easier with Re public and U.S. Steel taking the largest drops. Chrysler firmed in the motors where prices generally were fractions lower. American Agricultural Chemi cal, Eastman Kodak, and Inter national Minerals e Chemicals scored modest gains, but Diamond Alkali and Rohm & Haas back tracked. WALL STREET CHATTER NEW YORK tUPI) United Business Service says that stock prices are unquestionably getting into a high area where there is definitely a need for more care. ful investment policies. However, before that point is reached the firm expects to see such warning signals as a speed up in odd-lot trading, higher mu tual fund sales, intensivied inter est in low priced speculation tighter credit, higher margins and overloaded business inventor ics. The speculation that the bull market will carry everything! along with it has led many trad crs and investors to search for depressed Issues at or near their lows lor the year. Edward Under wood of Ira Haupt & Co. says, However, Underwood warns, pick ing bottoms at any time is treacherous occupation and at best requires unusual act agility and luck. LIVESTOCK KLAMATH FALLS LIVESTOCK AUCTION MARKET Sept. 17 Receipts: All Cattle 255; Calves 40; Hogs 2; Sheep 86. Last Week: Cattle 264: Calves 60: Hogs 50; Sheep 100. Compared last Tuesday slaugh ter cows steady; feeder cattle $1 lower; steer calves steady. Slaughter Cattle: Cows: Std. 16-17.50; Utility-Cmcl., 13.90-16.60 Canners-Cutters, 10.70-13.70. Bulls: Utility 4 Cmcl., 17.90-1 13.30. . . . - Calves: Good-Choice Vealers, 200-265 lbs.. 24.50-25.25. Stackers & Feeders: Steers: Med.-Cholco, 550-740 lbs., 20.10 22.90; Holsteins, 525 lbs., 19.10. Heifers: Good, 500 725 lbs., 19.60-20.25; Com. -Med,, 500 - 6501 16 lbs., 16-19.10. 67 I Steer Calves: Good, 300 4llbs., 24.75-26.75. 450' Heifer Calves: Too few to cstab lish market. ' Cows: Med.-Good, pairs, 182.50- 227.50. Baby Calves: Bcof Dairy Cross. 31 per head. Sheep: Slaughter Lambs. Choice, 95-100 lbs., 17.; Feeder Lambs, Good-Choice, 8045 lbs., 15.73-16.50; Slaughter Ewes. 3.25: Breeders, 7-13 per head. Reported by Ray O. Petersen, county extension agent. PORTLAND (UPH-(USDA) Livestock: Cattle 300. Mostly cows and feeders. Utility-standard heifers 16-20; utility commercial cows 12.50-16; canner-cuttor 9-14 medi um-good feeder steers 500-925 lb 17-21; common steers 16-17. Calves 100. Standard-good veal ers and slaughter calves 240-360 lb 20-25; medium-good fcedor steer calves 200-375 lb 20-26. Hogs 150. U.S. 1 and 2 butchers 200-236 lb 17.50; B and 3 grade Zo5 lb 16.50; medium 152 lb 16: sows 1 grade 387 lb 15: 2 and 3 sows 450-513 lb ill-1.1. Sheep 300. Small lots choice prime 90-105 lb wooled slaughter lambs 18-18.50; choice wooled feeder lambs 65-80 lb 15-16; cood ieeders 12-14; lale Tuesday load mostly good around 150 lb wooled ewes 5.75. Grains CHICAGO (UPI) -Grain range: High Low Clout Wheat Sep 194 1.91 1.9,1 Dec 1.97 1.93 1.95- Mar 2.00 1.98 1 98- May 1.96 1.94 1.95 Jul 1.65 1.63 1.64 Sep 1.67 165 1.66 Oats Sep ,66 ,65 .66b Doc .69 ,69 .69- Mar .71 .71 .71. May .71 .70 .70 Jul .68 .67 .67 n. Sep 1.49 1.43 1.44 Dec 1.49 1.45 143-146 Mar 1.49 1.46 146 May 1.47 1.43 1.45 Jul 1.37 136 1.06a Stocks LOCAL SKCURITIKS Did Aokrd Bank America 60 68 Boise Cascade 30 32xd Cal Pac UU1 26 28 Con Freight 10 10 Cyprus Mines ' 2.1 25 Equitable Sfcli 33 .17 1st Nat'l Bank 72 76 Janlzen 23 5J Morrison Knudsen 23 31 Mult Kennels 4 4 N.W. Natural Gas 34 36 Oregon Metal 1 m PGE 26 26 PP4L 17 29 West Coast Tel 24 25 Weyerhaeuser 33 33 Bailey Denies Charge In Contributing Case A.2.C. Donald R. Bailey told a circuit court jury early today that he had never molested the 10-year-old Klamath Falls girl who charged him with fondling her on two occasions during May and .June of this year. Bailey, on trial on charges of More Sought For Classes At Tulelake TULELAKE Registrations are till needed to assure classes in adult education to be taught weekly at the high school. A wide range of subjects can be offered for both men and women including introduction to astronomy, fine art, water color, ceramics, leathercraft, business law, typing, bookkeeping, short hand, radiological monitoring, speed reading, conversational Spanish, conversational French, clothing, tailoring. Upholstery, U.S. History, wood working, aviation ground school welding, surveying, auto mcchan ics, algebra, health and physical fitness, law enforcement, physical; geology, real estate practice, pub. lie speaking, philosophy, man and society. In announcing plans to offer the classes, Roger Ellis, dean of edu cation, College of the Siskiyous, said formal registrations will be held in late September. A mini miim of 15 registrants is needed for each class. Classes will run for 12 consecutive weeks. Meet- ing nights will be set by con sultation between class members and instructors in most cases. A small registration fee will be required. Crews Halt Small Fire A small forest fire blamed on lightning storm nine days ago was discovered and extinguished Tuesday evening on the east side of Riverbed Butte. The file warden at Weyerhaeus er Camp 6 .spotted the lire and notified the Klamath Forest Pro tective Association. KFPA lire- fighters subdued the blara which, spread when thoy arrived. The fire was the 28lh in Klam ath and Lake counties started by the lightning storm Sept. 9. The fire had apparently "slept" before flaring up Tuesday. , Airport Job Completed Rofinlshing of two city-owned runways at Kingslcy Field has been completed. The two runways, 5,165 and 5,261 feet long respectively, were recovered with asphalt and a seal, or and cracks were filled. In ad dition, a slioulder was laid along each asphalt strip. City crews did the work, ac cording tn airport manager Joe Sawyer. The work cost $30,522.17. Sawyer said the two runways had not been rrfirushed since they were built 18 years aRO, Teachers Plan Timber Topic Fourth, filth and sixth grade teachers in county schools will meet Saturday at Henley School to hear a representative of the Weyerhaeuser Co. discuss the timber products industry. The mooting is one of several held during the year and will begin at 9.30 a m. In addition to the program put on by Weyerhaeuser, sixth grade teachers will meet separately to discuss the annual (0rc.1t tour to lie taken hy sixth graders Oct. H. 9 and 10. 1 . II cflSiM- ASPHALT BURNER This machine is bainq used by ha State Department of High, wayi o burn off excess asphalt along the curbs of downtown streett. Rafinishing of the itreeti through the yean had built up the asphalt to a point where the curbi were too shallow. A grader follow$ behind the burner and scrapes up the asphalt burned off. contributing to the delinquency of a minor, denied the allegations in the court of Judge David R. Vandenbcrg before the defense brought its case to a close in the three-day trial. Rebuttal was to follow later this morning and the case was expected to go to the jury sometime this afternoon. In a surprise move that came before the Herald and News dead line today, District Attorney Dale Crabtree summoned to the wit ness stand another 10-year-old girl who testified that she had been fondled by Bailey during the same period that the defend ant was alleged to have been in volved with the first youngster. Both girls are acquaintances, it was established. The admitted one-time suitor of the girl's mother, Bailey de nied that he had been present at the girl's home where one of the incidents was alleged to have taken place before she left for school one morning in May. To other queries from his attorney, he disclaimed knowledge as to why those charges had been brought against him. In proceedings yesterday, Bai ley's attorney presented his own views as to why those charges had been filed against his client. The defense attorney charged that the airman has been the sub ject of a "vindictive move" by the alleged victims father be cause the latter had disapproved of the relationship between the defendant and his ex-wife. The allegation came as the girl's fath er was responding to questions Irom the defense attorney. In his opening statement, Dis trict Attorney Dale Crabtree com mented on the relationship be tween Bailey and the girl's moth- and lather. Crabtree estab lished that the girl's mother and father were divorced at the time of the alleged incidents although both were living in' the same house. The mother was residing there in the role of a baby sitter, caring for her own children and was the subject of frequent vis its from Bailey, Crabtree had said. It was that relationship to which the 'girl's father objected and which created the malice he di- eeted against Bailey, the attor ney said, At one point during the cross examination the attorney re marked to the witness, "You've taken a long time cettine thisl case into shape, haven t you? Crabtree interceded for the wit ness with a remark that the wit ness had not been the complain ant in the case. Bailey had been indicted by the grand jury, he said. The girl's father's only con nection with the case related tn his appearance before the grand jury and at the trial as a sub poenaed witness, Crabtree con cluded. In other developments yester day, Judge David R. Vandenbcrg denied four motions by the dc- lense, including two that the case against Bailey be dismissed and two others that the jury be in structed to return a directed ver dict for acquittal. In other proceedings, the testi mony of two principal witnesses. one for the state and the other for the defense, were" at consider able variance with each other. The 10-year-old testified that she had reported both incidents in volving Bailey to her mother. i-atcr, ine motner, appearing as a defense witness, told the jury that it was not until Bailey had been indicted by the grand jury that she learned of the al leged incidents. Another defense wilncss, Ser geant Edward W. Rork. testified to Bailey's good reputation and dependability as a member of the U.S. Air Force. First Session Twyla Ferguson Parents and Patrons will hold Its first moot ing of the new school year on Thursday, Sept. 19. Parents arc invited to visit the classrooms and get acquainted with the teach ers at 7:30 p.m.. and the meet ing w ill start at 8 p.m. Refresh ments will be served. KLAMATH FALLS VISITORS Barry (left) and Tony Buick, non-idenf ical twins from New Zealand, are visit ing in Klamath Falls this week. The boys arrived in the city Saturday and will be leaving Thursday. They are stay ing with Mrs. E. F. Andersen, 2145 Wiard Street. Klamath Falls Plays Host To New Zealand Twins Twin 16-year-old brothers from Masterton, New Zealand, are vis iting in Klamath Falls this week before returning to school in their island nation. Barry and Tony Buick are vis iting at the home of Mrs. E. F. Andersen, 2145 Wiard Street. Mrs. Anderson is a friend of the twins' mother, who was reared in Ore gon. Already on this trip their third to the U.S. from New Zealand the boys have visited their grandmother in Portland. Their home is on a sheep farm near Masterton and both are studying agriculture. When they return to New Zealand, they will have only a month more of school before they are finished. Then, they will take jobs on a ranch to learn more about sheep farming. The boys arrived In Vancou ver, B.C., July 10 aboard the pas senger liner Oriana. From there, they motored to Portland and after visiting their grand Rites Slated For Young Funeral services will be held at 3:30 p.m. Thursday, Sept. 19, from Ward's Klamath Funeral Home for Franklin (Brig) William W. Young. 46, who died in the Southern Pacific Hospital in San Francisco on Sept. 15. Final rites and interment will be in Eternal Hills Memorial Gardens. Rev. Robert John of the First Christian Church will officiate. Mr. Young had been ill since February. He was turn May 9, 1915, and was a World War II veteran. He had been baptized in the First Christian Church and was a mem ber of Crater Lake Division No, 133 Order of Railway Conductors and Brakemen and Klamath Falls Lodge No. 1247 BPOE. He had been an employe of the SP for 24 years. Survivors include the widow. Jennie, of this city: mother, Mrs. Mary Young. Medford: sisters, Marguerite Roughie and Goldie Young, Medford: Betty Joppa, Orangevale, Calif., Hazel Ward, San Jose, Calif., Verla Hall, Pak istan, Peggy Wagnon, Eugene; brother, Carl, San Luis Obispo, Calif.; stepson, Donald Wilman, this city; also three grandchil dren. Club Plans Trail Ride The Klamath Ridge Riders and invited guests will stage a camp- out trail ride on Saturday and Sunday, Sept. 21-22. The ride will begin at 1 p.m., and camp will be established at Grass Lake, five miles up the trail, where horse feed is available. Riders are to assemble at the beginning of Seven-mile trail, ap proximately eight miles west of Fort Klamath, and follow the Seven-mile ranger station road to the foot of the mountain, turning rigm and continuing another five miles. Trail markers will he post ed at that point. "fit r 1 f mother, to Eureka, Calif., where they visited friends. Mrs. Andersen drove the boys! to Klamath Falls from Eureka last Saturday and they will be here until Thursday. They will be leaving for home from Vancouver Oct. 4. Police Report Minor Crash One motorist was cited but no one was injured as the result of a two-car collision at the inter section of Old Midland and Joe Wright roads about 2 p.m., yes terday, Oregon State Police have reported. Cited for failing to yield the right of way was Bryan Spencer Carpenter, 16, 2238 Green Springs Drive. Police said that Carpenter was westbound on Joe Wright Road when he stopped at an arterial sign intersecting Old Midland Road. As Carpenter drove off aft er coming to a stop he moved into the path of an automobile operated by William Candra, 56, Box 23, Mount Hebron, who was northbound on Old Midland Road. The ensuing collision resulted in minor damage to both vehicles. The two cars were driven away under their own power. Veteran Realtor Is Recovering Edmund M. Chilcote, veteran Klamath Falls realtor of the firm of Chilcote and Smith is recov ering satisfactorily in Sacred Heart Hospital, Eugene, from ma jor surgery on Monday. He is ex pected to be in the hospital for about three weeks. He established the business from which he is now semi-re tired in .1909. Bandon Slates Annual Festival BANDON, Ore. (UPI) - The annual Cranberry Festival will be held here Friday through Sunday, Queen of the festival is sched uled to be selected Friday night from among princesses Diane CraiR, Mary Hargrove, Donna Tucker. Laurie Waise and Dixie Van Leu van. A parade will be held Saturday. Court-Records MUNICIPAL COURT SIPT. 17, Hi) Sjrnttt LiMliwolt, druon, $15 or Uv or 10 dV. Lon G1t Person, drunk, $15 or fivt or 10 dvs- Warrtn Eggiman, drunk, conlinutd to Stpl. II. Jam Wll Peienon, pelty larceny, lo diilrlcl court. Peter Paul Vogt. disorderly conduct, ISO 10 davi. Mlchttl Willard A Hard, vagrancy, or llva or 10 dav it!! Noil, dliordtrly conduct. SIS or tlvt or )0 davi; violation of liittr ordi nanca. $10 or two dy. Ronald Richard Owem, diwdtrly con duct. S forraittd. William Can Terral, drunk, MS fivt or 10 days. WKALTH NOT ALL LONDON (UPD The mar- quia of Aylesbury was reportrd today to havn rejected a bid by an oil firm that wanted to drill wells on his land in the Saver' nuke forest at Marlborough. "I suppose I miRht have be come disgustinRty rich." he told tli Paily Express. "But frankly I don t want oil weils in my for est. I prefer trees. i Funerals COLLINS Th hndv Lou Ad It CMn wai forward by Ward Kiamal Funaral Hom tn th Welti Chatwi o Rom. Snla Rot. CaM . (or linat ntfi. Obituaries VOUNO Prtnhltft (Br to) William Youns. 41, died tn $n Pranciieo. Cit., Saol IJ. Surwvorv Wir. Jtnn-e. ti(i t.u. mothr. Mr. Mary E. Yrxm. vtJ trd. Oft i Ktar. Marqufr.tr Rnuort ir and Gold Yourt. Mcdtord. Petty J ooe. cxanga vie. CaM . Hatel Ward. San Joe. Ca'H , vea Ha. PMtan. Peooy Waonon. Piximt, 0' ; ft'O'er. Carl. Jen Lull Op-ioo. Caiit.i factory Donald Wimn, clV; lto tnr orandchiiflran Pufal tervtt. Ward'i Klamath untrtl Noma. Thursday, ieot at j K o m tnttrmenf. Eternal H.lli Gardens. Entries Still Open In Wool Event There is still time to enter the annual Make It Yourself with Wool contest, the home sewing contest for school girls, young marrieds and career girls, spon sored by the Women's Auxiliary to the National Wool Growers Association and the American Wool Council. Contests are scheduled in 16 districts in Oregon with state finals slated for Portland. Nov 3-4. The local finals will be held in late October, Nationally the contest is con-1 ducted in 11 states. Prizes for top winners include a 14-day tour of the Caribbean, a college scholarship, or a share of $35,000 in prizes. In announcing there is still time to enter, Mrs. Harold Williams of Bonanza, district contest chair man, says the contest levels are geared to the sewing skill of the different age groups. Beginning seamstresses in the sub - deb class, 13 through 15, may enter a skirt, a skirt and sleeveless top or a jumper. In the junior division for girls 14 through 17 and the senior divi sion for girls, 18 through 21, the entries may be a dress, coat, suit or ensemble. All garments must be of 100 per cent wool. Mrs. John Seville. Lakeview, is co-district chairman. Mrs. H. W. Wait is state contest chair man. Ixical assistants are Mrs. Earl Mack, Mrs. Bryant Wil BELL'S HARDWARE FIREPLACE SPECIALTIES BLACK & BRASS STAND SET 9.95 FIRE BASKETS All Bron 9.95 Block & Brats 6.95 Others From 5.95 liams, Mrs. John Taylor, Mrs. Homer DeLamater, Klamath Falls; Mrs. Robert Burleigh, Mer- Minear Cites Jeopardy To Community Colleges SALEM (UPI I Oregon's com munity colleges will be forced to turn away "several thousand stu dents should Oregon voters turn down the legislators' tax pro gram," Dr. Leon P. Minear, state superintendent of public educa tion, said today. "The attorney general's deci sion that the governor lacked au thority to cut the basic school fund can only mean that other state programs, including the community college, would bear the burden of necessary cuts," Min ear said. - He said community colleges, op erating mostly lale afternoon and evening classes in borrowed facil ities, enrolled 3.240 full-time equi valent students last year. "With an enrollment of 6.800 full-time equivalent students pre dicted in the five community col leges for 196445, failure to start additional building projects now would deny post-high school edu cational opportunities to over 3, 500 students in that year alone," Minear said. All of the $850,000 appropriated the beautiful GLASSFYRE FRENCH FOLDING DOORS DUAL DRAFT CONTROL TARNISH PROOF FINISH FULL YEAR GLASS GUARANTEE FREE INSTALLATION ? loci) mm BLACK & BRASS HANGING SET 10.95 SHOP OUR VERY COMPLETE STOCK OF SETS RANGING IN PRICE FROM 7.95 TO 49.55. IliUil Complete Assortment of Screens to Fit All Sixes from 19.95. 528 Main rill; Mrs. Leonard Will, Malin and Tulelake, and Mrs. Jack Lynch, Langell Valley. by the 1961 legislature -has been obligated for construction projects now under way, Minear said. However these projects at Clat sop College, Astoria; Central Ore gon College, Bend; South Western Oregon College, North Bend, and Salem ' Technical Vocational School will provide educational space for only 650 full-time equiva lent studenls not even sufficient to house the anticipated increase, he pointed out. He said a cutback would place funds for community college con struction from the federal govern ment in "definite jeopardy." U. S. soybean exports during the year ending Sept. 30 are ex pected to reach a new high of 175 million bushels, up 20 million for a year earlier BLACK & BRASS STAND SET 13.95 p, TU 4-5662 I e . ,t t -i i it
