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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Sept. 25, 1963)
PACE 4A HERALD AND NEWS, MARKETS and FINANCE Stocks By United Press International Allied Chemical 51 Alum Co Am fl3i American Air Lines 27'i American Can ' ' 451 American Motors 19?i AT&T 128 American Tobacco 27V4 Anaconda Copper 50 Armco 1 63Vii ; American Standard 18 -Bendix Corp 50 Belhleliem Steel 31H Boeing Air 33 Brunswick 11 Caterpillar Corp 42',i Coca Cola 103 CBS. ' T!Vt Columbia Gas 29',i Continental Can 45', Crown Zollerbach ' 52 Crucible Steel 23'A Dow Chemical 59xd Du Pont , 249 Eastman Kodak 1121 Firestone 37V Ford ' 55V4 General Dynamics 23 General Electric 81Vs General Foods 88 General Motors 78'. General Portland Cement 21' Gt; Northern Ry 5444 Greyhound 47W Gulf Oil 49V4 Homestake 50 Idaho Power 34' I.B.M. 458 Int IPanor 3544 Johns Manville 48 Kennecott Copper 77 Lockheed Aircraft 34i Martin 18 Merck 99 Montana Power 5814 Montgomery Ward 37 Nafl Biscuit . . 54H New York Central 23ft Northern Natural Gas 52 Northern Pacific 47" Pac Gas Elcc 33 Penney J.C. 45 Penn RK 22' Pcrmanente Cement 173,i Phillips 55 Procter Gamble 78 Richfield Oil 47Vi Safeway Bl Sears 99si Shell Oil ' 44 Socony Mobil Oil 73'i Southern Co 55i Southern Pacific 33 Sperry Rand 16 Standard California 6Vi Standard N.J. 72V4 Stokely Van Camp 20 Sun Mines . 10'4 Texas Co. W Texas Gulf Sulfur 16 Texas Pacific Land Trust 30 Thiokol 19'4 Trans America 52 Trans World Air 20' Tri-Contincntal , 47 Union Carbide 108 Union Pacific 39'a United Aircraft 42 United Air Lines 36(4 U.S. Plywood' 63'i U.S. Rubber ' 48 U.S. Steel 54 United Utilities , 40 West Bank Corp 40'4 WCslinghouse 38 YOungstown 29xd ; MUTUAL FUNDS Prices until 10 a.m. PDT today Bid Asked Affiliated Fund ' 8.41 Atomic Fund 4.83 Blue Ridge 12.14 Bullock 14.08 Chemical Fund 12.15 Colonial Fund 11.90 Comw. lnv 10.16 Diver Growth 8.98 Dreyfus 18.17 E & H Stock 14.40 Fidelity Capital 9.58 Fidelity Trend 15.94 Kiindamcnt-al 10.27 F.I.F. 4.39 Founders Fund 6.50 Group Sec Com 13.76 ll.uiiillon 11 DA. 5.12 lncorp lnv. 7.35 1CA 10.94 Investors' Group Intercontinental 6.25 Mutual 11.80 Slock 19.41 Selective 10.04 Variable 7.12 Keystone S-l 22.52 Keystone 8-3 15 62 Keystone S-4 4.41 M.I.T. 15.61 M.I.T. Growth 8.54 Nai l lnv. 16 01 NflSt'l Sec Div 4.25 Nnt'l Sec Growth 8 33 Nat'l Sec Stock .I5 Putnam und 15.37 Putnam Growth 9 04 Shareholders 11.23 Supervised lnv Scrv. 7.69 United Aicum 15.15 United Canada 18 26 United Income 12.76 United Science 7.15 Value Lines 5.40 Wellington 14 88 Windsor 14.54 Whitehall 13.93 9.10 5.28 13.27 15.43 13.22 13.01 11.10 9.84 19.75 15.56 10.39 17.33 11.25 401 7.07 15.09 5.59 8.03 11.96 6.75i 12.76 20.98 11.16 7.701 24.57 17 04 4.82 17.06 9.3.1 17.31 4.64, n 10 8.91 16 80! 9.88 1227 8.38 16.56 13.95 781 590 16 22 15.80 15.06 LOCAL SECURITIES Bid Asked Bank America 63' 68 Boise Cascade 30' 324 Cal Pac Util 25'j 27 Con Freight 10 11 Cyprus Mines 23' 2."4 Equitable S&L 31 36 1st Nat'l Bank 72 76 Jantzen 23 25'4 Morrison Knudsen 29 31 Mult Kennels 4' 4 N.W. Natural Gas 33 35 Oregon Metal I 1 PGE 26 28'k TP&L 27 29 U.S. Nat'l Bank 87 14 Tektronix 21 23 West Coast Te) 23 25 Weyerhaeuser 33 35'i Wednesday. September 25, 1903 Klunalh Falls. Ore. WALL STREET NEW YORK (UPH - Disap pointing sales for both General Motors and hord triggered a lull scale selloff on (lie stock market today. News that General Motors sales for the middle third of this month were off 13.7 per cent and Ford 12.5 per cent hit the market broadside just when it looked like nothing could stop the advance. General Motors lost about and Ford '4. . However, die effects of the news were felt in nearly every section of the market. American Tele phone, which had showed specta cular gains Tuesday and early to day, lost nearly all of its ad vance. Chrysler, another pace-set ter, drifted down from its high and managed a small fractional gain at best. Wall Street Chatter NEW YORK (UPI) - Invest ment adviser Kenneth Ward of Iiayden. Stone & Co. notes that one of the most interesting char acteristics of the recent stock market advance is that there are so many people waiting to buy stocks on weakness. "Minor set backs are not enough," Ward ad vises. He says that there still are many good grade secondary and lower priced slocks selling not tar- above their 1962 lows, or at a sharp discount from their highs of previous years. 'The Dow-Jones industrial aver age, under the leadership of six or seven stocks may seem too high temporarily, yet various in dividual stocks that are not com ponents or the average still ap pear deeply undervalued. Colby & Co. believes that the market, in terms of the Dow Jones industrial average, is over bought. The company offers a word of caution for short swing money managers, Investors Research Co. says that on the basis of the evidence of early September "aggressive liquidation Is not advised at the present time." However, the West Coast Advisory Service docs sug gest that questionable securities from low-ranking groups be elimi nated. LIVESTOCK KLAMATH FALLS LIVESTOCK AUCTION MARKET Sent. 24. Receipts: All Cattle 155; Calves 25 i Hogs 17; Sheep 283. ast week: Cattle 255; Calves 40; Hogs 2; Sheep 86. Compared last Tuesday, mar ket about steady on all classes cattle. Slaughter Cattle: Cows: Std., 16-17.60; Utility, 13.10-15.50; Can- ners-Cutter, 8.20-13.40. Bulls: Utility & Cmcl., 18.80; Feeders, 15.10. Calves: 450-500 lbs., 21.25-21.50. Stackers & Feeders: Steers: Good-Choice, 500 - 685 lbs., 21.60 23; Com.-Med., 18.20-21; Holstein, 16.60-17.90. Heifers: Good, 450 600 lbs., 18.60-21.75; Com.-Med.. 17-18 90. Steer Calves: Good - Choice, 300-130 lsbs., 23.25-27.25. Heifer Calves: Good - Choice, 400 - 450 lbs., 21.50-22.25; Lt, Wt., 52.50-72.50 per head. Cows: Good Bred Hciters, U2.-i 50-172.50 per head; Med. - Good pairs. 1B2 50-190. Baby Calves: Heel, Dairy, in-az per head. Hogs: U.S. 1 & 2 Barrows & Gills, 16.10-16.50; Sows, 8.50-12.30; Feeders, 15-15.50. Sheep: Slaughter lambs, Good- Lambs, Good - Choice. 14.10-16.23: Others, Slaughter Ewes. 2.10-4.75; Breeders, 7-7.25 per head; young bucks, 31-47.50 per head. Reported by F. A. Skinner, .county extension agent. PORTLAND (UPli- tUSDAw Livestock: Cattle 200. Good heifers 20-22 50; utility cows 12.50-15; canner-cutter 9-14: cutter - utility bulls 16-19; feeder steers good-choice 20-24; good choice heifers 20-22. Calves 100. Standard-good 22-27. Hogs 300. Market 25c lower; 1 and 2 butchers 17-17.25. Sheep 200. Small lot choice feed ers 88 lb wooled spring 1625 small lot choice 80 lb shorn feed ers 16. Grains CHICAGO (UPP-Grain range: High Low Close Whrat Dec Mar May Jul Sep Oals Dec. Mar May Jul Rye Dec Mar May Jul 2.07 2(19 2 07 1.70- 1.72 .73 .73 .75 .72 1.64 1 69 1.68 204 2.06 2 04 1 68 1.70 .71 .73 .72 2 06-2 06 208-2 08 2 06-2 06 1.68 1.70- .72- .74-.74 .74 .69b .69 1.60 1.62 1.61 150 161-161 163- 1.62-162 13 1.50 Potato! PORTLAND (UPD - Potato market: Wash. Russets 2.75-3.00; smaller 2.40-2 60; Bakers 6-14 at 3 10-3.50. Szd. t oi spread 4 00- 4 25; U.S. No 2s 2 00-3 25; U.S. No 2s Bakers 2 25-2 50. Civic League RHt?rts 3 As Trustees Alice Vitus, Mrs. Charles Wood house and Mrs. Lawrence Birk have been reelected to the board of trustees of the Klamath Basin Civic Service League. Nominat ing Committee members were Mrs. Ross Ragland, Mis. Al Nyback and Mrs. Wesley Harsey. The league sponsors and man ages the Ladies Community Lounge, 118 North Seventh Street. President Mrs. Elsa Rueck, Bo nanza, in comments on accom plishment of the lounge said, "The dividends to be given out at this annual meeting is the knowl edge that members have been instrumental in helping with a project that has meant so much to so many thousands comfort to shoppers, especially shopping mothers of small children and a feeling of welcome and western hospitality to tourists from every state in the United States, and from foreign countries. Mrs. Lee Holliday is treasurer. During 1962 the lounge had registered 34,148 visitors, 3.854 of the total, children. July, August and December registered me hea viest visiting. Twenty two foreign visitors were greeted. All women are invited to use the facilities of the lounge which provide space and equipment for care of infants and small chil dren as well as for adults. New comers are especially invited to become acquainted with the lounge. A hostess is in attendance from 9:30 a.m. to 6 p.m., there is a public telephone and a reading and writing room. This is a tree service. Art Works On Display Paintings of a young Italian artist, Roberto Ciabani, who is skyrocketing to fame in Europe and America, are on exhibit at Rickys Jewelers, 700 Main Street The public is inviled to view his work which combines the tradi tions of the 1800s and early 1900s with contemporary trends in art Particularly is his interpreta tion of landscapes and figures realistic with color impact. One critic wrote of the young artist that his paintings "have strong vitality and yet are inti mate and familiar; they observe precise laws in his medium o! expression." The exhibit, -which opened in Klamath Falls Sept. 23, will be open through Oct. 12, Monday through Saturday from 9:30 a.m. to 5:30 p.m. In announcing bringing of the fine collection of oil paintings here for enjoyment of the public, Arthur Rickbeil of Rickys Jewel ers said many of Ciabani's paint ings are now in Italian collec tions and in several cities in the United Slates. Others have been sold to galleries and art collect ors in Fiance. Switzerland, Ger many and Holland. Mrs. Ciabani is the daughter of Mr. and Mrs. Thomas P. Ball of Mcdford. The couple is pres ently with Mrs. Ciabani's parents. There is no charge to view the exhibit. Basin Briefs MAUN MR. AND MRS. JOHN MAD- HEN recently took their daugh ter. Judith Ann, to San Frahcis- co to board a plane tor Washing- Ion, D.C., where she will study automation. She will make her home with her brother, Dr. J. Patrick Madden, in Virginia. NEW PINK CHEEK FRANK I.IC.HTI.E and his new bride were given a kitchen shower Friday evening in t h e Baptist Church basement. Around 25 well-wishers were present for the occasion. STATE LINE GARDEN CUB members visited the Cedarville Garden Club demonstrations on Sept. 17 at Die fairgrounds. Those attending were Mrs. Violel Vin cent, Mrs. Belle Moflitt, Mrs. Ruth Clark, and Mrs. Alpha Fer guson. DONNA EVANS, former resi neni, leu rrmay lo enroll in nurses training in Portland. She will make her home with a Port land lamily while there MR. AND MRS. DONALD FAR IS left .Saturday for Klamath Falls where lie will enroll lor his sec ond term at OTI, taking structur al design in the field of civil en gineering. He will he employed in the men's dorm, and Mrs. Far- is will assist in the cafeteria. DANNIE LEAHY left for OTI Wednesday to enroll on a basket ball scholarship He should not have to worry about his physical condition as he and his co-worker Myron Steward, handled 45.000 bales of hay, twice putting them m stack this summer. NEW CHEVROLETS UNVEILED The 1964 Impale Super Sport gets its first public showing on Thursday at Dugan and Mest Chevrolet when the entire family of new Chevrolet are unveiled. In this view, Bob Mest, left, and George Dugan give the Super Sport a close-up. The widest choice in Chevrolet history is being offered automobile buyers with 43 models offered in five distinct sizes. The Super Sport shown here fea tures distinctive exterior moldings and luxurious interior appointments. In view below, the interior of the Impela Super Sport is shown. All Chevrolet riiodels will be on dis play at Dugan and Mest, 410 South Sixth Street, beginning Thursday morning. 'a3 tiXtz M xAlV '! - t- .'i-. MALIBU STATION WAGON Among the many Chevrolet models to be previewed at Dugan and Mest Chevrolet, 410 South Sixth Street, Thursday, is this Chevelle Mali bu Station Wagon, a distinctive 4-door recreation wagon. The Chevelle line is the new addition to Chevrolet's wide variety for 1964 and features II models in three series. Roominess end convenience are built in the desiqn of this Malibu model which Bob Mest, left, And George Dugan proudly admire. - Tueake Rancher Heads Two-Sfafe Pofato Group Wesley St. Peler, Tulelake rancher, was elected chairman of the Oregon-California Potato Com- mittee at its annual meeting in Gresham on Monday, Sept. 23. Other officers include Archie Masterson. Redmond, vice chair man, and F. .1. Carpenter, Mad ras, secretary-treasurer. The committee reviewed cur rent marketing information and prospects for the fall crop both locally and nationally. Based on this information, the committee approved the present grade, size and nvalurity requirements to be continued through June 30. 1964. Minimum quality standards for fresh market shipments are all districts, all varieties, U S. No. 2 or better grade; round varieties size, one and seven-eighth inches minimum diamcler, all other va rieties, to inches minimum di ameter or four ounces minimum weight. Maturity for all districts, all varieties was set as "no more than slightly skinned, which means that no more than in per cent of the potatoes can have more than 25 per cent of the skin missing or feathered (Nine ty per cent of the potatoes must DISCISS GERMANY WASHINGTON ilTD - West German Foreign Minister tier- hai-d Schroedcr met with Presi dent Kennedy for an hour Tues day. Ha later called for a "permanent readiness" to deal with issues of Berlin and a di vided Germany. i s. have al least 75 per cent light skin. I" Eleven members, live alter nates and 20 other interested per sons altcnded the sessions held in the M and M Restaurant. Merrill Webb was reelected as committee manager (or the com ing year. Auto Stolen At Chiloquin Oregon Slate Tolice are seek ing a 1962 yellow tnevrolei Lor vair. Oregon license 3Y3993. which was reported stolen in Chil oquin Tucvday, it has been re ported. Robert W. Dubois, the owner, told police he left his car some time Tuesday hut did not take the keys from the ignition. When he returned the automobile was gone, he said. Cash Taken From Firm The theft of about Sim in cash!0 ofl "ovornmon4 Thursday night. from Ring s Sheet Metal. 2104! South Sixth Street, was reported : to police late Tuesday Employes of the shop said Hie money, in a bank bag. was ap parently taken from the shop during working hours Tuesday. In tlie bag were 588 in bills and 111414 in coins. - -mm A. Pwrr- Court Picks Committee SALEM (UPD -The Oregon Su- preme Court today appointed a five-man committee to select a state public defender. The 1963 legislature adopted a public defender act making pro vision for the naming of a state wide public defender lo handle post-eonvietion cases. Chief Justice William McAllister named Robert W. Chandler, editor of the Bend Bulletin: Robert B. Frazier, associate editor of the Eugene Register Guard; and at torneys Roy F. Shields. Portland; Orval N. Thompson. Albany: and Wallace P. Carson, Salem, to the committee. They will "appoint a public de fender and determine policies and procedures in accordance with the provisions of the public defender act." Justice McAllister said. Hatfield Leaves For Washington SALEM ilPP - Gov. Mark Hatfield left today for Washing ton. D. C. where he is scheduled to address the Metropolitan Conn- House Speaker l larence Barton, n-Coquille, is governor in Hat field's absence. Hatfield, who is scheduled io greet President Kennedy at the old Tongue Point naval base near Astoria on Friday, will leave the nation's capitol late Thursday if' night. Bryant Area Closure To Continue The Bureau of Land Manage ment, Lakcview office, announced Wednesday that the Bryant Moun tain area fire closure will remain in force. High fire hazard condi tions still exist and continue to increase following the light rain storms of two weeks ago. However, hunters will be per mitted to enter the area after obtaining a permit to enter. Per mits can be obtained for a to day period from the KFPA head quarters in Klamath Falls, the BLM office in Lakeview, the BLM Oshea office near Gerber Reservoir, and the Lovencss Lum ber Company office in Malin. Hunters and recreationists will be allowed to enter only during the day. No overnight camping will be permitted. Driver Cited As Result Of Accident The driver of a car that struck a parked pickup truck Tuesday night was booked for drunken driving. Robert Benjamin. 20, 4789 Onyx, was booked at city jail following the crash. Police said he attempt ed to drive away from the scene of the crash on Applegate near Washburn Way, but was re strained by the owner of the parked truck, A. L. Hulse. The collision occurred at 10:45 in front of Hulse's home, 2530 Applegate. Officers said Hulse heard the crash, ran from his house and restrained Benjamin, who was attempting to drive off. Police said Benjamin made a left turn from Washburn onto Applegate, swung too wide and his car struck the pickup head on. REMOVES HORSE TROUGHS EASTBOURNE, England (UPD The town council, apparently certain that the automobile is here to stay, Tuesday night voted lo remove the last four horse troughs in Eastbourne because thev are "obsolete." MATERNITY FAS KNIT SWEATERS TURTLE NtCK PRINT sr98 SMOCKS from KNIT & CORDUROY . KNIT 1 NYLON COMBINATIONS WOOL SHIFT DRESSES WOOL TWEED WITH BLACK FRINGE TRIM & PATCH POCKETS SKIRTS FROM IN CORDUROY, FILLE t WOOLS BLUE, RED, GREEN, GOLD I PLAID CAPRI IN CORDUROY. FILLI 1 WOOLS BLUE, RED, GREEN, USE OUR CHARGE, The finest sill "Tht Pick of Hit 4480 South th Party Affiliation Figures Won't Be Listed Until '64 Slatistics denoting the parly af filiations of Klamath County vot ers will not be compiled until the next general election, the Klamath County Clerk's Office reported. Figures collected by that office following the recent registra tion of voters for the special tax election next Oct. 15 revealed that 19,469 county residents are eligi ble to vote The current figure is effective as of Saturday. Sept. II. when Frosh Night Slated At KU KUHS Parents and Patrons have planned a'special freshman "get acquainted night for their first meeting on Monday, Sept. 3 in the school cafeteria starting at 7:30. Parents are invited to come and those with freshman students are urged to have their young sters attend and participate in a special freshman "get acquaint ed" dance which will be held while the parents conduct their meeting. All parents of KU students arc invited to come and meet the new principal and new teachers. Refreshments will be served following the meeting, according to PPA President Tom McClure. Police Seek Kittynappers Police are aeeking three fe male burglars aged about i lo 7 who broke into a house Tues day and stole a kitten. Marjorie Jones, 253 Martin Street, reported that the screen over the bathroom window of her home was broken and the kitten taken. Officers questioned nclghhors, who said they saw the three young girls walking from the Jones' home carrying a kitten. Police found a board appar ently used lo punch out the screen. ' The "burglary" occurred be tween 2:30 and 9 p.m. Tuesday. - T-SHIRT STYLt $14?5 HIOMST $098 : PANTS GOLD PLAID $y98 FROM "I REVOLVING CHARGE OR fashions PIUS I Smartest Foihioni for Home, 216 people registered at the coun ty courthouse for the coming tax election. Although the total number of voters in the county was brought up to date following the registra. tion, the party affiliations of the voters were not, because of the considerable expense to do so, the clerk's office reported. Figures for the last general election indicated that 20,569 Klamath County residents were registered to vote, of 1,100 more than are now registered. In the "last election the break down of county voters was Re publicans, 8,113; Democrats, 12, 010, and nonpartisans, 446. Adult Class Sign Up Set TULELAKE Registration for adult night education classes to be offered by the College of the Siskiyous at Weed is scheduled for 7 p.m. Tuesday. OcL 1. in the Tulelake Joint Union High School. In making the announcement of time and place Ernest Short, high school principal, said a wide range of subjects of benefit and interest to both men and women have been suggested by Roger Ellis, dean of adult education at the college. Classes will continue for 12 weeks for a nominal registration fee. Convenient meeting nights will be arranged. Classes will be for both college credits and non-credits. Final Sign-Up The last registration session, for Klamath Union High School adult education classes will be held tonight at the school. Registration will be held 7-8 p.m. in room 219 of the school. Classes will begin in two weeks. T" .Ml. f"' LAY AWAY PLANS Green Stamps ii sir Camput or Career" Nf to Ortgon Food 1 IP
