PAGE-4A
HERALD AND NEWS,
MARKETS and FINANCE
Stocks
NEW YORK STOCKS
By United Press International
Allied Chemical 514
Alum Co Am 86
American Air Lines
American Can 45H
American Motors 2(B
AT&T 130
American Tobacco , 27
Anaconda Copper SO
Armco 64
American Standard lB'.j
Bcjidix Corp 50'
Bethlehem Steel 32T
Boeing Air 34
Brunswick 1H4
Caterpillar Corp 4374
Chrysler Corp 88
Coca Cola 104 '.4
CBS. 75
Columbia Gas 29Vi
Continental Can 46'
Crown Zcllerbach 52
Crucible Steel 24
Curtiss Wright 20
Dow Chemical 59
Du Pont 245
Eastman Kodak 112
Firestone 37t4
'Ford . 55'i
General Dynamics . 24
General Electric 80
General Foods 86W
General Motors 7B
Georgia Pacific 53
Gt. North Ry ' 54
Greyhound 46
Gulf Oil ' 49
Homestake 48
Idaho Power 34
l.B.M. 457
Inl Paper- ,35
Johns Manville 48
Kcnnecott Copper 78
Lockheed Aircraft 36
Martin 1944
Merck 99
Montana Power 38
Montgomery Ward 37
Nat'l Biscuit 55
New York Central 21
Northern Natural Gas 51
Northern Pacific 48
Pac Gas Elec 33
Penney J. C. 44
Penn 'Rft 20
Permanent Cement 10
Phillips 54
Procter Gamble 79
Radio Corporation ' " 72
Richfield Oil - , 47
Safeway -, , " ' (10
Sears 100
Socony Mobil Oil ' 72
Southern Co 54
Southern Pacific 33
Sperry Rand 19
Standard California 65
Standard Indiana 62
Standard N.J. 70
Siokley Van Camp 20
Sun Mines 11
Texas Co. 69
Texas Gulf Sulfur ' 16
Trans America 51
Trans World Air 21
Tri-Continental 46
Union carbide 107
Union Pacific 40
United Aircraft 42
United Air Lines 36
U.S. P;ywood 63
U.S. Rubber 47
U.S. Steel 56
United Utilities 40
West Bank Corp 40
Vfcstinghouse 39
Ypungstown (D) 28
' MUTUAL FUNDS
Prices until 10 a.m. PDT today
Bid Askrd
Affiliated Fund 8.31 8.98
Atomic Fund 4.79 5.23
Blue Ridge 11.97 13.08
Bullock 13.80 15.20
Chemical Fund 11.84 12.94
Colonial Fund 11.73 12.82
Comw lnv 10.05 10.98
Diver Growth 8 74 9 58
Dreyfus 17.83 19.351
B&H Stock 14.16 15.30
Fidelity Capital 9.29 10. 10
Fidelity Trend 15.47 16.82
Fundamental 10.08 11.05
ftl.F. 4.32 4.74
Founders Fund 6 40 , 6 96
Group Sec Com 13.62 14.91
Or Sec Avia El fi.74 7.39
Hamilton H.D.A 500 5.48
lncorp lnv 7.22 7.29
ICA 10.74 11.74
Investors' Group
Intercontinental 6 22 6.72
Mutual 11.39 12.31
Stock 19.11 20.66
Selective 10.44 11.17
Variable 7.01 7.58
K vuone S-l a 17 24.19
Keystone S-3 14 80 16.15
Keystone S-4 4 32 4.71
MKT. 15.28 16.68
S. IT. Growth 8 36 9.14
2li lnv. 15.67 16 94
Nat'l Sec Div 4 21 4 60
Nat'l Sec Growth 8. 15 8.91
Nat l Sec Stock 8 06 8 81
Putnam Fund 13.16 16.37
Putnam Growth 885 9.67
Shareholders 11.02 12 04
Supervised lnv Uerv 7.58 8 26
United Accum 14 92 16.31
United Income 12 53 13.72
United Science 6.98 7.63
Value Lines 9 36 5 66
Wellington 14.75 16.08
Windsor 1421 15.45
Whitehall 13.84 14.96
Butler Honored
But Still Works
' LONDON (UPli-Mrs. Ger-
trode Wilkinson invited her
; friends into her luxurious Lon
f.'don home Tuesday to honor
! lb 73rd birthday of her but-
! ler, Nagel.
' Nagel, as usual, served the
' drinks, the Dally Sketch said
' today in reporting tlx parly.
Thurtday, October 3, 1963
Klamath Falli, Or.
WALL STREET
WALL STREET
NEW YORK lUPH - Slocks
closed higher today featuring bet
ter than average gains in steels
and electronics.
Strength in steels followed a sc
ries of price increases within the
industry. Jones & Laughlin.
Youngstown Sheet, Lukens and
U. S. Steel showed the best im
provement followed by lesser
gains in Inland, Armco, Carpen
ter, Wheeling, National, Republic,
Sharon and Harsco.
Electronics also were sharply
higher with IBM up substantially
followed by gains of 1 or more
in Litton, Magnavox, Control Da.
ta, Electronic Associates, Elec
tronic Speciality, RCA, Minneap
olis-Honeywell, High Voltage En
gineering and Texas Instruments,
By United Press International
Stocks higher in moderately ac
tive trading.
Bonds firm.
U.S. government bonds steady In
very quiet trading.
American stocks higher.
Closed firm.
Cotton futures Firm.
Wheat closed off 1 to up
cent; corn off to up cent;
oats unchanged, to off cent;
rye up to off 2 cents; soy
beans up 1 to 3 cents a bushel.
WALL STREET CHATTER
NEW YORK (UPI) "Now
that it seems considerably more
fashionable to be bullish, we're
beginning to worry a bit about
the level of the stock market,"
says Walt McKibben of Forbes
Invcstographs, Inc.
This js not from sneer con
trariness but because several of
the secondary indicators are dis
agreeing strongly with the indus
trial average. As of now, we are
not bearish that is we are not
saying sell but we no longer sec
significant potential in the
market as a whole. It is time to
forsake the leaders and look or
special values in lesser known is
sues of good quality," McKibben
says,
Kenneth Ward of Hayden, Stone
& Co. favors the paper, steel,
rubber, copper, aluminum, coal,
building and machine tool groups.
Martin Gilbert of Van Alstync,
Noel & Co. believes the major
bull market is "still with us and
that any setbacks will be tem
porary, providing an opportunity
to buy favored equities.
Livestock
PORTLAND (UPI)-(USDA) -Livestock;
Cattle 50, calves 25, hogs 50,
sheep 50, no early trade tests
Grains
CHICAGO (UPI)-Grain range:
High Low ' Close
Wheat
Dec
Mar
2.07 2.05 2.07-
2.08 2.06 2.08-
2.04 2.02 2.03-2.04
1.66 1.84 1.65
1.68 1.66 1.67
May
Jul
Sep
Outs
Dec
Mar
.71
.73
.72
.68
1 31
.70
.72
.71
.73-.73
.72
.67
1.49-
1.52
1,52-!. 52
1.41-
May
.72
.67
1.47
1.50
1.50
1.39
Jul
Rye
Dec
Mar
May
1.54
1.54
1.41
Jul
Stocks
LOCAL SECURITIES
Dill Asked
Bank America 64 R7
Boise Cascade 31 33
Cal Pac Ulil 25 27
Con Freight 10 11
Cyprus Mines 22 23
Equitable S&L . 33 35
Izt Nat'l Bank 72 76
Jantzen 22 24
Morrison Knudsen 29 31
Mult Kennels 4 5
N.W. Natural Gas 33 35
Oregon Metal I 1
PP&L 26 28
PGK 2.V. 7
N. W. Natural Gas 33 35
Oregon Metal 1 1
PP&L 26 28
PGE 2o 27
U.A. Nat'l Bank 68 92
Tektronix 20- 22
West Coast Tel 23 24
Weyerhaeuser 33 35
Potatoes
PORTLAND (UPI l - Potato
market steady; 100 lb sks washed
Russets unless otherwise stated:
Wash. U.S. No 1A 2 65 2 90;
smaller 2 40-2.60; Bakers 6-14 oi
3.00 3 40, &d 2 ox spread 4 00-
4 25; U.S. No 2 2.00 - 2.25: US
No Is Bakers 5 25 2 50. Oregon
Deschutes U.S. No 1A 300 . 3.15;
U.S. No 1 Bakers 3.35-3.50; 50 lb
ska U.S. No J 1.00 1.10, 50 lb
ctns, 6-8 oi, 8-10 oi 1.75-1.9J, 10
12. 12-14 Oi 2 05-2.23: Idaho Rus
sets baled 10 lb mesh 2 50, film
2.40.
WEEKEND AT DAVID
WASHINGTON (UPI) - Presi
dent Kennedy intends to spend
the weekend at Camp David, Md.
The White House said Wednes
day the Chief Executive expected
lo fly to the secluded camp In
the Catoolin Mountains Saturday
afternoon and return to Washing
ton Monday morning.
J Wt U-M,' If
(Mi
WILLIAM R. STEVENS .
Legion Head
Will Visit
KF Saturday
William R. Stevens, Beaverton,
commander of the Department of
Oregon, American Legion, and
other department notables will be
in Klamath Falls Saturday, Oct.
5. Commander Stevens is on a
state-wide tour which will bring
leaders of the organization to
many communities where semi
nars will be held to meet the in
creased interest in Legion pro
grams.
The department official expects
new 'Legion posts to be estab
lished in Oregon this year. He
notes that the 243,000 veterans in
Oregon are recognizing the vital
role being played by the Legion
in protecting war veterans and
that the vigor of the Legion as
sures a stronger nation. The up
swing in interest is the strongest
in 10 years, the olticial an
nounces.
"We may begin several new
posts in Oregon and one for each
high school is our goal, to meet
this interest in our organization,"
Stevens said. "It is indicative
of the need for our services that
despite being exolusive only
those who have served during ac
tual time of combat are eligible
membership is growing."
We have always been the
world's largest veterans organiza
tion but we are less interested in
numbers than being an effective,
integral, and meaningful part of
the American scene.
"I am looking forward to in
creased community service for
Oregon by the American Legion,
We offer young men the oppor
tunity to improve 1 themselves
while at the same time serving
recognized and respected causes,"
Stevens said.
In addition to Commander Ste
vens, those on the program
dude C. Ray Wilson, department
vice commander; Maune Drum
department adjutant; and Glenn
Howe, department service oni
ccr. The Legion's auxiliary will have
its discussions led by Carmalite
Wcddlc, department president;
Pearl Funk, department vice
president and Nota Francis
de-
Bailment secretary.
Brush Fire
Controlled
Fire-fighters began mopping up
operations early Friday on a
brush fire that hroke out east
ot the Klamath River, near 'Big
Bend Dam, about noon Wednes
day and razed an abandoned
cabin and nearly 10 acres of veg
etation, the Klamath Forest Pro
tective Association has reported
Some 18 men, equipped with a
bulldozer and five mobile tank
ers, were dispatched to a rocky
plateau whei-e the fire was
sweeping through downed logs,
brush, and fir thickets, KKPA
disclosed.
The fire, sighted by the Soda
.Mountain Lookout, threatened lo
go out ot control in the (ace ol
23 mile per hour winds early
Wednesday afternoon, but lire
crews finally contained I h e
blaze about 4: 15 p m.
A KFPA spokesman described
the battle as "nip and luck for
awhile."
KFPA siid tlte fire, believed
started by a camper, was located
in an area accessible to motor
ized equipment. A PBY aircraft
dropped one load of borate, a
fire suppressant, on (lie blaze
during the four-hour battle.
Rifle Bullet
Hurts Youth
A Sprague River youth was
shot about 1 a.m. Thursday when
he fell in front of his home and
the .22 caliber rifle he was car
rying discharged, wounding him
in the hip. Oregon Stale Police
have reported.
The youth was Albert Ijiw
vor, 20, of Box 412, who was tak
en to Klamath Valley Hospital
where ha received an anti-tetanus
injection and was released. The
bullet passed through the left skte
of Lawvor'a hip. the hospital re
ported.
The accident developed when!
Lawvnr tripped on a rut in the
road and the rifle discharged as
lie Ml, police stated.
International Triangle Finds
Local Pelican Left At Altar
The Klamath County Chamber
of Commerce found itself as the
outsider in an international af
fair involving a lonely London
pelican and a quartet of suit
ors provided by the Emir of
Bahawalpur.
The four pelicans were contrib
uted by the Emir as companions
for Paul, the lonely pelican of
St. James Park in London, but if
his pets don't work out', a mem
ber of the ,same species from
Klamath County may be ready
to take over as a buddy to the
despondent bird.
That outcome may yet be the
sequel to the saga of London's
lonely pelican, according to
George Callison, manager of the
chamber, who good humoredly
pointed out that possibility to
the chamber during its weekly
meeting at the Pelican Cafe
Wednesday.
Paul became the object of in
ternational sympathy early this
summer when his only cage mate
passed away. A London newsman
told of Paul's ensuing loneliness
mrnugn an international news
service; a version of the story
later appeared in the Herald and
News. Several readers read the
article and suggested to the
chamber that it ship some local
members of the species to Eng-i
land as companions for the Lon
don pelican.
After checking with local wild
life authorities and airline serv
ices, Callison learned it would
be possible to send a pelican to
tile London park and he ad
vanced his suggestion in a letter
to the Ministry of Public Build-I
ing and Works, Lambeth Bridge
House, London.
At the meeting Wednesday, thei
Page Dies
In Hospital
FORT KLAMATH William A.
(Bill) Page, 69, well-known Fort
Klamath businessman, died at 10.
p.m. Oct. 2 in the Veterans Hos
pital, Portland, where he had been
for six weeks. He had been ill
for several months.
His wife, Sadye M. Pag e,
and brother, Guss A. Page, both
of Fort Klamath, had been ac-!
companied to Portland Monday
by Mrs. Norman Van lderstine. a
longtime friend of the family, and
were at his bedside.
Mr. Page came to Fort Klam
ath in 1908 from Myrtle Creek
with his parents, Mr. and Mrs.
Adrian Page. He had been a
partner in the 'Rainbow Garage
with his brother Guss for 39
years. He was a member of the
Wood River Pioneers and Old
timers and of the Chiloquin Ma
sonic il-odge A. F. & A.M.
Funeral arrangements will be
announced on arrival of the
family from Portland.
Civic Theatre
Public Birthday Meeting
The Klamath County Civic The
atre group has invited every
one interested in any type of the
atre work to attend the troupe's
annual birthday meeting, 8 p.m..
Mondav. Oct. 7, in the Pine
Grove Room of the Willard Ho
tel, according to Bill Hagerman,
president.
The meeting w ill also mark the
start of the club's annual mem
bership drive, Hagerman said.
Prospective members planning
lo attend are advised to contact
ENDS SATURDAY
fr&nciscaji
e&rtheniu&re
20
ON
OPEN
MS
528 Moin
reply to that note was produced
by Callison in the form of i
neatly typed, embossed letter
head in which the Ministry stated
that it had accepted "four birds
from the Emir "and they and
Paul are on the most friendly
terms indeed they get on very
well together.
The letter went on: "We
not be at all suprised if one of
the new pelicans dies in which
case the numbers in St. James
Beatfy Man
Succumbs
Orville Davis, 59, a lifelong res
ident of Klamath County, died
in his trailer home in Bcatty.
about 1 a.m. Oct. 2. Previous to
his death he had complained of
pains in his left arm and chest
and collapsed before help reached
him.
Klamath County deputy medi
cal examiner W. P, (Doc) Ken
dall brought the body to Ward's
Klamath Funeral Home in
Klamath Falls, alter a telephone
call to the sheriff's office at 1:10
a.m.
Death apparently was from
natural causes. An autopsy is
planned for Oct. 7 on the return
to Klamath Falls of pathologist
Dr. George Nicholson from Chi
cago. Mr. Davis is survived by a
daughter, Mrs. Etla Jefferson.
Toppenish, Wash.; two nephews,
Elnathan Davis. Klamath Falls,
and Harold Davis, Modoc Point;
also seven grandchildren. S
In Th-
Day's lews
, (Continued From Page 1)
Many an individual has run him
self so deeply in debt that buck
ing the gambling tiger at Reno
or Las Vegas has seemed to nim
the only way out of his troubles.
But
VERY SELDOM INDEED has
it worked.
And- ,
History tells us that NATlONALl
lotteries are even worse than
reckless private gambling. Be
cause the governments that resort
lo them need to get every dollar
they can lay hands on, they EN
COURAGE their people to gam
ble. The gambling thus officially
encouraged ROTS AWAY THE
MORAL FIBER OF THE PEO
PLE.
When that happens, the nation
that has bet its future on a na
tional lottery is a GONER.
History is pretty positive on that
point.
Group Plans
Laurie Woolschlagcr, at TU
2-4838. The meeting is open to
the puhlic and everyone is wel
come to come whether or not
they contact the group in advance,
Hagerman added.
The theatre is sponsored by the
Klamath tails Parks and Recre
ation Department and is cur
rently rehearsing for its latest
production, "Blithe Spirit,"
scheduled to be staged next No
vember.
OFF
ALL
STOCK
HARDWARE
DOWNSTAIRS
fh. TU 4-S662
Park will be equal, if not the
sexes."
As for the birds offered by
Klamath County, the ministry
said it "would very much prefer
to leave things as they are for
the moment."
If the chamber was crestfallen
because the county's hardy vari
ety of pelicans had been passed
over for those of royalty, it didn't
permit its sentiments to be
known.
The reply was written by Stan
ley J. ' Heritage, private secre
tary to the minister, and con
cluded, "The minister has asked
me to say how very grateful he
is to you for your interest and for
your very generous offer."
Undismayed by the rejection.
Callison said his offer will
remain open in the event that the
Emir's birds are unable to with
stand the rigors of London wea
ther. In other business, Floyd Wynne,
chairman of the Local and State
Affairs Committee, discussed
various points of the state tax
bill which will go to the voters
in a special election next Tues
day, Oct. 15.
In one of two announcements.
Dick Green, president of the Unit
ed Fund, reminded the cham
ber of a chicken dinner that is
being offered to military person
m:i ana civilians curing the nours
of 5 p.m. through 9 p.m., to
night. Thursday, at the Kingsley
Field officers' mess hall. The
price of the meal is $1 for adults
and 50 cents for those of school
age, with the proceeds earmarked
lor the United Fund.
In the other announcement. Jim
Monteith, president of the cham
ber, staled that the annual busi
ness meeting of the chamber
would get underway at Reames
country Club Wednesday, Oct. 7,
beginning with a happy hour at
7 p.m. followed by dinner at 8
o'clock.
Fire Report
(Noon Wednesday to 10 a.m
Thursday)
Klamath Falls Fire Department
6:56 p.m. Wednesday 1519
Worden, crass fire, no damage.
Suburban Fire Department
5:59 p.m. Wednesday 3818
Clinton Avenue, trash and grass
fire, no damage, occupant Irma
Stevenson.
8:57 p.m. Wednesday 2851
Bisbee, flooded oil stove, no dam
age, occupant Bobby Prilchett.
For 1964... Comet
announces a car
every bit as hot
as it looks...
Thi it th. beginning of a n.w kind of Comf.
H.t, huiky, handtom. top t.ries in Comet's
'64 lin.up. Engln.t rang, up to a 4-barrtl
Cyclon. 289 cu. In. V-8 in all Com.tt.
"Calitnte" means hot...
In Spanish. And this new Comet speaks the longuoge. It
looks hoi. And it isl Your choica of four engines provides
tha punch. Tha topper is a big Cyclone 289 V-8 most
rasponsiva in Comet's (laid. Mora choicai
Now Comet offers 3 series . . .
tha lop-of-lh.lin Cafiente, ond tha economical 202 and
404 sarias. Tan models . . . ofl bold ond rocy. A wide
tronsmission choice, too, including 0 smooth, silant, naw
MulH-Driva MarcO-Motie unmotchad ot tha price.
-a?
"I J
CAMP FIRE CAMP-OUT Four Klamath Council Camp Fire Girls have accepted an
invitation from the Portland Council of Horizon Clubs to attend its annual camp-out
session near Sandy, Ore. Packed and ready to leave Friday for the three-day session
are, from left, Elizabeth Ough, Donna Buck, and adviser Mrs. Carol Baird, all of Klam
ath Falls. They will be joined by Lynda Storsy of Dorris and Mickey Wolff of Chiloquin.
Piper Sends
Pair To Jail
Circuit Court Judge Donald Pi
per this morning sentenced one
man to four months in the county
jail and another to a term in the
state penitentiary.
Charles Wesley Jones, a 19-year-
old airman from McChord AFB,
Wash., was sentenced to the coun
ty jail term for simple assault.
He had been charged with assault
with force likely to produce great
bodily harm, but the charge was
reduced by the jury that convict
ed him Aug. 22. He was accused
of beating a girl when she resist
ed his advances.
Donald Huitt Switlik, 23, who
was convicted Monday night ot
assault with a dangerous wea
pon, was sentenced to state prison
for a term of not more than three
years. He was convicted ol Beat
ing a hitchhiker near Agency Lake
Aug. II.
Obituaries
MYERS
Ruby 'Fay Myers, 61. died here Oct.
3, 1963. Survivors: Husband, Arthur A.,
and a son, William, this city; daughter,
Mr. Rtmona Rawlins, Eugene; listers,
Mrs. Opal Buntin and Mrs. Zelda Graves,
Portland, Mrs. Murle Pavny, Everett,
Wash., Mrs. Ruth Clint, Illinois. Mrs.
Eunice Camble, Missouri; brothers, Ralph
Gregory, Missouri, Loran Gregory, Ever
ett, Wash,; also five grandchildren. Fu
neral services, Saturday, Oct. 5, First
Church ol God, at 10 a.m. Concluding
services, Klamath Memorial Park.
Ward's Klamath Funeral Home in charge.
JOE FISHER
677 SOUTH 7TH STREET
Judge Dismisses Actions
Against Three Defendants
The suits against three of four
volunteer firemen charging they
assaulted a man with a fire
hose were dismissed by Circuit
Staff Ready
For Election
Klamath County election boards
which will assist in the tax re
ferral election, Tuesday, Oct. 15,
will be held to a minimum num
ber of members, as recom
mended by the office of the Sec
retary of State, County Clerk
Charles DeLap said Thursday.
Three members of each of the
day boards will report to their
assigned locations at 8 a.m. on
the day of the election.
The chairman of each count
ing board will report at 5 p.m.
to assist board members during
the rush hour and to supervise
the count, which will begin af
ter the polls close at 8 p.m.
Chairman and board members
who are to work during the elec
tion have already been notified,
Delip said.
that'
Elegance at a
compact price
Prime example of Comet's
new elegance is the Col.
lenle, with the warm look
ol walnut on th interior
trim . . . plus lavish biscuit
pattern upholstery.
Power steering . . . power brakes . . .
AM-FM radio... oir conditioning ... every luxury option
Is avortobla in tha new Comers. You can even get . but
noi Ask your Mercury dealer
COMETA
UNCOlN.MEICUrr DIVISION 25S MOTOI COMPANY
Court Judge Donald Piper Wed
nesday afternoon.
The suits against Willis Homer,
Richard Barker and William
Pierce were dismissed after the
plaintiff, Andrew Zudell, failed
to identify them as participating
in the alleged assault two years
ago.
Proceedings continued in t h e
suit against the fourth Stewart-
Lenox Fire Department volun
teer, Robert Barnes. Barnes
says he turned the hose on Zu
dell in self-defense after the man
attacked him with a shovel.
Barnes testified to that effect
this morning and testimony end
ed in the case. Arguments were
proceeding late this morning and
the case was expected to go
to a jury of eight women and
four men this afternoon. Zudell
is asking $7,665.75 in damages;
about It. Soon.
t
Mercury Product.