Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Sept. 19, 1963)
PAGE-2A V7 HERALD AND NEWS, Klamath Falli, Ore. MARKETS and FINANCE Stocks NEW YORK STOCKS By United Press International ' ' Allied Chemical ; Alum Co Am American Air Lines -American Can '. -American Motors ;A T & T ;American Tobacco '-Anaconda Copper J-Armco American Standard ;!Bethlehem Steel l'. Boeing Air 'J. Brunswick Caterpillar Corp -Chrysler Corp :C.B.S. Columbia Gas ''.Continental Can -;Crown Zellerbach Crucible Steel Curtiss Wright ;Dow Chemical ;Du Pont ; -Eastman Kodak ; -Firestone . 'General Dynamics General Electric General Foods General Motors JpGeneral Portland Cement -"Georgia Pacific J;Gt North. Ry -;Greyhound :;'Gulf Oil " :Homestake '- Idaho Power :i.b.m. C;Int Paper '-.Johns Manville I;Kennecott Copper t-tockheed Aircraft : -Martin ;. 'Merck ; .'Montana Power ; Montgomery Ward ; ."Nat'l Biscuit ;New York Central '.Kbrthern Natural Gas - Northern Pacific Pacific Gas Elec Penney J.C. Permanente Cement Phillips Procter Gamble Radio Corp 1 Richfield Oil Safeway : Sears Shell Oil Socony Mobil Oil Southern Co Southern Pacific Sperry Rand Standard California Standard Indiana ; Standard NJ. : Stockely Van Camp Sun Mines Texas Co. . Texas Gulf Sulfur ! 53 63 26 45'a 20 124 274 30' 64 18: 32H 35V. 12 42' Itv, 74'i 29 Vt 46 SIVi 24'.. 21 59H 248 112 37'. 56 li 24 83 87',4 78 21V4 55 Vt 64 45 49 504 354 454V. 35 Vt 484 79 36V. 19',i 994 38 37'. 55 23 54 46 334 454 174 55 794 72 484 634 44 74 55 35 17 66 654 724 oiia 11 70 17 30 20 524 21 47 1074 40 44 3G 634 48 55 39 414 39 28 Texas Pacific Land Trust Thiokol Trans America Trans World Air Trj-Continental Union Carbide Union Pacific United Aircraft United Air Lines u.5. nywooa U.S. Rubber U.S. Steel United Utilities West Bank Corp Westinghouse Youngstown MUTUAL FUNDS Prices until 10 a.m. PDT today Bid Asked Affiliated Fund 8.44 9.13 Atomic Fund 4.86 5.31 Blue Ridge 12.19 13.32 Bullock 14 06 15.41 Chemical Fund 12.08 13.14 Colonial Fund 12.70 13.88 Comw. Inv 10.15 11.09 Diver Growth 8.99 9.85 Dreyfus 18 08 19.56 E & II Stock 14.40 15.56 Fidelity Capital 940 1023 Fidelity Trend 16.87 18 24 Fundamental 10.24 11.22 F.I.F. 4.40 4.82 Founders Fund 6.42 6.98 Group Sec Com 13.74 15.04 Gr Sec Avia El 6 95 7.62 Hamilton H.D.A. 5.11 5.58 lnoorp Inv. 7.33 8.01 ICA 10.93 11.97 Investors' Group lntercontinenlal 6 24 6.74 Mutual 11.83 12.79 Stock 19 98 21.17 Selective 10.43 11.16 Variable 7.19 7.77 Keystone S-l 22 Ml 24 55 Keystone S-3 15.63 17.05 Keystone S-4 4.43 4 84 M.I.T. 15.55 16 99 M.I.T. Growth 8 55 9 34 Nat'l Inv. 1599 17.29 Nal'l Sec Div 4 23 4 64 Nat'l Sec Growth 8 29 9.06 Nat'l Sec Stock 8.14 8 90 Putnam Fund 15.35 16.78 Putnam Growth 9.06 9 90 Selected Amer 10 09 10 91 Shareholders II 23 12 27 Supervised Inv Serv 7.68 8 37 United Actum 15.14 16.53 United Canada 10.10 United Income 12.76 13 93 United Science 7.U 7.79 Value Lines 5 43 5 93 Wellington i4 86 16.20 Windsor 14 58 15.85 Whitehall 13.90 15.03 Potatoes PORTLAND (UPD - PoUlo market: Wash. Russet 3.75-3.00; Bakers 3.35-3.50; Std. i oi spread 4.00-4.25, 6-1 4oz S.25-3.M, U.S. No 2s 100-2.25; U.S. No 2 Bakers S.25-2 50. Thursday, September 19, 1963 WALL STREET NEW YORK UPI - Slocks made good progress today. Motors scored a number of solid gains. Steels shook off their recent doldrums and moved higher. Du Pont scored a large early gain and held most of it up to the close before easing off a bit. Continental Oil and Sun Oil scored a large early gain and held most of it up to the close before easing off a bit. Continental Oil and Sun Oil scored better than average gains in the petroleums. IBM, Control Data. Electric As sociates and High Voltage Engi neering all showed good fiains but Minneapolis - Honeywell cased Motorola fared well. Wall Street Chatter NEW YORK (UPD - Thomson & McKinnon points out that the Dow-Jones. industrial average still is marking time at around its op ening level of last week. The firm feels that if the Inertia continues, investment managers, no matter how justi fied in their optimism, might be- cdrne more aggressive in shifting funds from (lie more exposed groups to such laggards as steel, paper, tire and rubber, building, glass, tobacco, radio-television food chain and apparel. ' Leslie M. Pollack of Reynolds & Co. feels the market is mov ing into a period of healthy cor rection which should provide a good springboard for the next rise. Standard & Poor's outlook feels the market may back and (ill for a while as it digests the sleep climb through the record high. The advisory and statistical serv ice says while fundamental out. look is good, care in timing and selectivity is clearly needed, By United Press International Stocks higher in quiet trading Bonds irregular. U.S. government bonds higher in moderately active trading. American stocks irregularly higher. Cotton futures steady. Wheat closed up 4 to 2 cents; corn up 4Vi to off cent; oats unchanged to off 4 cent; rye up 4 to 6V cents; soybeans up 3' to off 1 cents. LIVESTOCK PORTLAND (UPD -(USD.U - Livestock: i lauie tu. in oi enougn lor trade test. Calves 25. Voalcrs and smaller calves steady; few standard-good 200-275 lb E4-27; few good 335 lb 23. Hogs 200. 1 and 2 grade butch ers 15-17.50, large share 17.23-17.50' 2 and 3 grade included at 17. Sheep 250. Choice-prime wtoled lambs IB-18.30. Grains CHICAGO (UPD-Grain range: High Low Close Wheat Sep 1.95 1.92 1.93-1.944 Dec 1.984 1.95 1.97- Mar 2.01 1.99 2.00- May 1.98 1.96'a 1.97- Jul 1.66 1.64 1.66 Sep 1.68 1.66 1.68 Oats Sep .66 .66 .66. Dec .MI'i .69 .611 Mar .71 .71 .71-4 May .71 .70 .711 Jul .67 .67U ,7'i Kye Sep 1.504 1.434 1.50-4 Dec 1504 1 46 1.49 Mar 1.504 1.46 1.50-4 May 145 1.45: 1.484 Jul 1.38 1.35 1.364 Stocks LOCAL SECURITIES Rid Asked Bank America 654 684 Boise Cascade 30 32 Cal Tac Utll 23 27 Con Freight 10 11 Cyprus Mines 2.1 254 Equitable S&L 34 36 1st Nat'l Bank 724 764 Jantzen 23 4 25 Morrison Knudsen 294 314 Mult Kennels 4 4 N.W. Natural Gas .14 36 Oregon Metal 1 1 PC'.E , 26 28 PP&L 27 4 294 U.S. Nat'l Bank 834 89 Tektronix 224 24 West Coast Tel 24 4 25 Weyerhaeuser 334 334 Court Records MUNICIPAL COURT !. II lw Wilbur JurgtfUfn, Orunh, in or fivt or id otyl. Crtirllo Htmirmty, drunk. tij or fivt or io oayl. Fol Kirkwood Otvlft, Vioroncv. 1100 Joftn Jotoprt Brrnnin, vtortney, 1100 ora jg ovl- JOC Bovtrltr atllorton. drwnK. tli w itvo or 10 oovi lydlo Kirk, drunk. Ill or llvt or 10 01 yl. FAMED CROHN ON SAI.K LONDON ll'Pli - Sotheby's auction house will put the famed Peruvian Crown of llie Andes on salo Nov. SI, a spokesman for the firm said Wednesday. ine som ana cmerad crown was nart of the cUhi nf i virJ gin Mary in Popayan. Peru, for centuries. The statue was made In H590 in gratitude (or deliver ance from a plague. LITTLE PEOPLE'S PUZZLE I2 I I I T fri i L7... WU6tX)wN 5 ,60OWNl JM 3SOOW '8 'ssvio 'asoodvd ? 'N3d y 'aavoaxDvia '31adV UMoa -S3HSia '6 '3130NOW '8 'dVD -s 'lNVNN3d '319908 'E 'NOOTIV9 'l "J3V !So3MSN Price Hike Predicted For Wheat PULLMAN, Wash. (UPI, Prices for Northwest wheat are going up because of a possible world shortage resulting from bad weather in Russia and Europe Washington Stale University price specialist Karl Hobson said Wed nesday. Hobson said the development wheat shortage 'was highlighted this week by Russia s large pur. chase of 230 million bushels rom Canada. He said this was more than the Pacific Northwest pro duces in two years. Russia is the world's biggest wheat producer and the size of the purchase from Canada Indi cates that country's crop is far worse than experts had guessed, Hobson said. He added that ex pected poor crops in Russia and Europe already had led to advanc ing prices in' all countries except Canada, where the price recently was lowered five cents a bushel. In the Northwest, Hobson said, prices of soft white wheal at Port. land have increased 12 cents a bushel since August and now arc 14 cents a bushel above the net loan rates. Ho said the prices may continue to rise unless ex port subsidy rates arc reduced Employment Rate Rises SALEM (UPII - A high rate of employment and a lower rate of insured unemployment w a s noted during the first part of September, employment commis sioner David 11. Cameron said to day. For the week ending Sept. 12, the statewide rale of insured" un employment .3 per cent, down (rom 2.9 per cent four weeks ear lier, and below the 2 5 per cent noted one year ago. Higliest rale o( insured unem ployment was at McMinnville. 6.2 per cent, mostly attributed to the closing of the U.S. Plywood Mill at Willamina. Lowest fates were at Lakevicw. 1.3 per cent, and Ontario, 1 per cent. He said the Oregon unemploy ment insurance trust fund con tained $66.8 million compared to 531.8 million a year ago. Police Clarify Driver's Name Oregon Slate Police said today that the passenger in an automo bile which went out of control and rolled over on Highway 97, near Hocus, last Monday was Wendell Eggsman and not Waller Eggs nian. as had been reported. Neither Wendell nor Warden Eggsman, operator of the car. were hospitalized as a result o.' llie accident. The dricr said the accident occurred when he lell asleep at the wheel. On The Record KLAMATH MUI tlRTHl OYl DORREll lorn to Mr -() Mrs Vfr. ni I DorrtU In K Vliy Hoioi Ul itof, If boy tahiru) I tot. ft 01. OIRtt MtcPHfce Bwn lo Mr ri Thorn. I MtcPKfft tr Klamath Va"tv Hotpiial Stot. ia i girl waiQhtig Ibi . ' i on PI PPLE tarrt to Mr and Mri. Daw id O Poooia in Klamath vai'ty Moniiiai Stpt la a girl waighmf f mi . m on HOiMtR Bsrn to Mr a"d Vr Rtcn. rd Hoimtr in Ktama'r, vai'lv Wotp. lal SBl U 9rl fgftirtg Ibj. COX-Sarn to Mr. and Mr Jan Co In Kiamatn Vaiiav Moioital &aol. 17 a girl wtifjhing 7 t . 31, on, in i .UMMAur Ban: 3M Clrl: M 1 ANDY SILANI Andy Silani Reappointed The Klamalh Cpunly Court has cappointed Andy Silani, local realtor, to serve a second term as a member of the five-man County Park Commission, it was made known today. Silani has been a member of the commission since it became established in 1960 and lias served as its chairman during the past year. His latest appointment Is lor five years and terminates Sept. 1, l8. The park commission is respon sible lor the construction and maintenance of county parks. In that capacity, it works with such agencies as the Stale Game Com mission. Bureau of Land Manage ment, Winema National Forest, and I he State Park Board. Members of the commission other than Silani. are Richard Hicks. Glenn Bowcn, Lloyd Han kins, and Frederick Hvde. Institute Head Pleads Guilty POUTLAM) i UPII -The oper alor o( the Simmons Institute ol Human Relations here pleaded guilty in Circuit Court Tuesday to three misdemeanor charges ol op erating a vocational school with out a state license. Circuit Judgo Charles Hcdding ordered a pre-sentence investiga tion for William Gressinger. The slate held that the school was being used to influence stu dents to invest m land. Railroads File Tax Complaints SALEM il'PP Two railioad companies tcxlay lilixl complaints in the Oregon Tax Court against (he State Tax Commission. The Great Northern Railway and the Northern Pacilic Railway both seek relief from assessments made against them in the tax years 1955, 1957 and 19.'itt. Both railroads, in separate com plaints, allege that the assess ments were made contrary In Oregon la. CLOSE OUT! The Last of the '63 OLDS CADILLACS including one Oldt 98 nd ent Cadillac kkuIit can wtHi Ir conditioning. AM mutt fo . . . or TERRIFIC DISCOUNTS! DICK B. MILLER CO. 7th ft Ktamath TU 4-4134 City And Suburban Area Study Sewer Agreement Officials of the cily of Klamath Fails and the South Suburban San itary District are negotiating an agreement which would allow- some district customers to use city sewer facilities and vise versa. The agreement had once been worked out, but the City Council Monday night decided that further work should be done on it before it is adopted. The council asked City Mana ger Robert Kyle lo check on the hookup fees for commercial custo mers and to include a renegotiat ing clause in the agreement. Part of the agreement pertains lo the city's Austin Street sewer project, for which a $9,361 con tract was awarded to Bud Stump Excavating Monday night. It had been found necessary to make an agreement because some residences in the sanitary dis trict are not near district facili ties, .but are near city facilities. Also, some city customers are closer to district sewer lines than to city lines. Under the agreement, city cus tomers using district lines would pay the city for the services, then the money would be transferred to the district. The same would hold true for district cusomers. Presently, seven district custo mers are using city facilities Chris Hood Death Told A former resident of Klamath Falls. Chris Hood, Riddle, Ore. died there Sept. 10 while at work, apparently of a heart attack. He had been employed by the Riddle City Water Department for eight years, two years of lhat time as superintendent. Mr. and Mrs. Hood came to Klamath Falls in 1932. living here until they left for Riddle. He was native of Saracoxie. Mo., born July 28, 1896. He was married to Edna R. Card in 1924. After com ing to Klamalh County they ranched in Langcll Valley. He was a member of the Meth odist Church and of the Masonic Lodge in Powell. Wyo. He was a veteran of World War I. Survivors include the widow. Edna. Riddle; one son, William T., Klamath Falls; two sisters, Beulali Kemper, Powell, Wyo.. Claire Clark, Pasco, Wash.; three brothers, William N., Sacramento, Otis, Long Beach, Calif., Frank, Parkdale Ore.; two grandchil dren, Leigh and DaVid of Klamalh Falls, and numerous nieces and nephews. t uneral services were held Sept. 14 in Myrtle Creek followed by graveside services in Eternal Hills Memorial Gardens in Klam ath Falls. Rev. K. G. West offi ciated. Pallbearers were Cole Fitzhuch. William Novolny, Floyd Meeker, Robert Sealer. Jackie McAuliffe, and Orval DeVaul. v . -1.' Vs a SURPRISE! voice! The reaction of 5 - year I ' IT . - . ( , vtf 4 l?""' - ."1'' 6... i. kj v i - ' , j 4'i4 '? -:', 1 M Lai The next sound you hear will be enrolled in special class tor the deaf at feona, III., is registered on hit face. The class, the first in the area, has an enrollment of 16 children llOCT. 12-20 MAIL ORDERS NOW FOR RESERVED SEATS 1963 HORSE SHOW RODEO An prKot .nclud Gonorot AdmtMor to 'itocte Sro Buidna ona (unto, HoMMO Oft. II la 4 In MOD OMrw loon ISO iMmonroo tatn I 00 Spoon Motion Oct 2P-Rrxi while no city customers are us ing district lines. All of the houses and businesses involved are in the Alameda Ave nue area. It is proposed that the Alameda Avenue project, which is being constructed wi:i city funds, be hooked into the sanitary district's linr hpr'anto thprf nro nn rilv - - sewerage mains nearby. The city will pay the district for the use of its facilities on an annual basis. Third School In County Burglarized Burglars broke inlo Peterson School on Bristol Avenue some time last night and stole $2 from a safe, looted a vending machine and carried off a coin operated pencil dispenser, the Oregon State Police reported today. The burglary' was discovered by Mrs. Louise G. Cunningham, a cook at the school, moments after she reported for work at 6:15 this morning. Investigation by police indicat ed that the burglars went to the principal's office where they picked up a safe and removed it to the boiler room. In that room they broke open the safe and emptied its contents of $2. In addition, the thieves stole some milk from the kitchen and scat tered grapes and tomatoes throughout the building, polite said. The incident marks the third time that a county school has been burglarized this month. On Sept 5, burglars cracked a safe containing $22 at Altamont Junior High School and also stole office machines valued at several hun dred dollars from Orson Stearns School. State police are continuing their investigation with assistance from the sheriff's office. Thief Lacks Discretion A thief siphoned 15 gallons of gasoline from an automobile be longing to Allen Wclp, 4524 Onyx Avenue, Tuesday night and the owner is considerably disgrun tied but not about the gas. The . thief cut out the middle portion of Welp's garden hose and used it to siphon gasoline from the tank. "If the crook wanted a piece ol hose the considerate thing to do would have been to cut a sec tion from the end of the hose, not out of the middle," Wclp said disgustedly. H t j ' . your - old Harold Whittles, who is Ur lf)lepnotO Ulrtt, MaMoooi. Oft 11 oral 10 11 too , ., . , J 00 Urirotorvoa tool 2 00 t Quortor Horjt Shoo 1 1 CHILLS! SFILLSI SJt lto J ill v I ' NrS--'-A"' f : .... BENCH DONATEO FOR NATURE TRAIL Mrs. Jerry Wagner I center I, president of the Juniper Garden Club, and Mrs. Scott MeKendree, vice president of the same club, receive from Sheriff Murray "Red" Britton a bench donated by the sheriff to accommo date visitors to the nature trail in Moore Park. The trail, extending almost a mile through the park, has been constructed through the efforts of the Juniper, Evergreen, Mt. Laki and Green Springs garden clubs. The other clubs have each agreed to acquire a bench and place it along the strip. Weyerhaeuser Timber Company is planting vegetation along the nature trail which features plants and trees' most common to the area. Chase Ends In Hospital For Youth An Agency youth who sought to elude police in an auto chase through Chiloquin about 2:15 this morning is in satisfactory condi tion at the Klamath Valley Hospi tal today as the result of injuries lie received when his car went off the road and into a grove of trees. Chiloquin Police Chief Jack Stafford has reported. The injured is Wallace Jack son, 17, who sustained multiple bruises when his car left the highway at high speed, struck and uprooted a tree, and came to rest against the trunk of another tree. Jackson, thrown from the car as it lett t h c road, was transferred by the Chiloquin Vol unteer Ambulance to the local hospital. Chief Stafford said that he and his assistant, Bob Ray, pursued Jackson after they observed him run several stop signs. The youth turned off his headlights and drove at high speed toward Highway 97. west of Chiloquin with the police officers in pur suit. About 5(10 yards beyond the cily limits. Jackson's car went out of control and into the trees, about 100 feet from the road, Staf ford said. Club Plans Call Service The Klamath Basin Golden Age Club will sponsor a daily reas surance telephone service for any or all live alones in tne iiam ath Basin who can be reached without toll charges. The calls will be made at a convenient time for the receiver by Alta and Joe Lovell, who will manage the service, and investi gate personally if no answer is received after several attempts. The new club will be the Hi! Neighbor Club and membership will be for those who would like a lriendly telcpnone can tor a fee of $1 per month. The money will be used to cov er expenses necessary to run such a service. Those interested may call the sponsors at TU 4-6871. Firemen Douse Poir Of Fires City firemen were called oul twice early this morning to ex tinguish grass fires. The first call was at 1:57 a.m. to (U2 Broad Street and the sec ond was at 5:31 to Tenth and Prospect. The latter fire was on the banks of a canal. Neither lire caused any damage. Obituaries JACKSON D.flM Oi Jackion. M. U NJ in O'anQt. Chi, StDt. 19. IH3. Survivor: DftuQh PrMri HtrrM Alfgr Jct- ton. EuQfnc, siftar, Altn Btvim; mo'ntr. Amy JC.iOO, Of Klamath Fall. lAardi Kiamath Fuwai Horn. Mitt rfcMlt MTlbl H ICifC lNllrMltll tVt ttOCl t, lAftMl Mil Iflflllttl ltimM 0lf0 or oroto l"4 oromM rttmlt Soot.) M'lorot intl toluM Mill 1'Cirt ononis TO owiric nrmatiionu umtoet orasirim r. o. sm m, Ror riitjii, orooo iieti State Juvenile Boards Schedule Meeting Here The annual meeting of the Ore gon Association of Juvenile Ad visory Boards will be held in Klamath Falls the afternoon of Friday. Oct. 18. and all day Saturday. Oct. 19. Headquarters will be in the Winema Hotel. Registration will be from 3 to 6 p.m. on the opening day. Speakers prominent in many areas of juvenile work will, be present to discuss topics of vital importance and the program will include a breakfast, luncheon and banquet, a business session, elec tion of officers and approval ol the annual budget, a tour of the Klamath County Juvenile Home and a look at the new Orogon Technical Institute campus. Tlic public will be welcome lo attend the meetings or the break fasl, luncheon and dinner. Mrs. Dorothea Buck, president of the Oregon Association of Ju venile Advisory Boards and chair man of the Klamalh County chap ter, is assisted with arrange Bailey Trial Will Resume On Monday The trial of A.2.C. Donald R. Bailey, charged with contribut- to the delinquency of a 10- ycar - old Klamath Falls girl. was continued until 10 a.m.. Mon day, lo permit the staff of the district attorney's oflice to at tend a bar association meeting in Portland this weekend, it devel oped yesterday in the circuit court of Judge David R. Vandenberg. The judge continued the case after the defense rested and at torneys for the state and the de fendant were about to begin re buttal. Bailey, accused of fon dling the youngster on two occa sions since Mav, went on trial Mondav. ADMISSION Plus "WHITE Tha Graoloat Adwanturw Evar Lived Bacomoa Tli Graataal Adwoinf uro Ever Filmed! am am turn MUTINY ON THE BOUNTY U UCUl KTDK ' 111 not Showing Nltrly Thor.. M. Tom. h I to ro. Coolhi otot ah',i rrMty.Mloraty-Soo- t'm l:M ,m "Mollor ol I . I JO . I It ,m. menls for the meeting by the lo cal board members, L u c i 1 e O'Neill, Clara Moore, Marian Geary, Ruth King. Dr. Mariam Luten, Francis Mathews, Dr. Cliff Robinson, Ray Hunsakcr, Lawrence Slater and C. L. "Buz" Larkin. NOW SHOWING! aFAB-U-LEWIS fun festival forthe whole family! Don't Give Up The Ship nn un tin KtocK-A-BYEBABY NOW! Gates Open 7:15 - 1.00 -1 rv- SLAVE SHIP") INOWSHOVVirVif ChHarta tooitr A Mm X - tor ll atoclol lo- unci, ir lt M 1 JW V W
