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