Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Oct. 17, 1963)
Thursday, October 17, IMS HERALD AND NEWS. MARKETS and FINANCE Stocks NEW YORK STOCKS By United Press International Allied Chemical 53 Alum Co Am 694a American Air Lines 29 American Can 45'i American Motors 2l'i A T & T 130. American Tobacco 28 Anaconda Copper 50' i Armco B3i American Standard 17' i Bendix Corn Si's Bethlehem Sleel 33 Boeing Air 33' Brunswick ns Caterpillar Corp 43' Chrysler Corp 94 Coca Cola 10434 CBS. 79 Columbia Gas 23-' Crucible Steel 24'j Curtiss Wright IVt Dw Chemical 59Ls Eastman Kodak 113' Firestone , 38 Kord 53'. General Dynamics 23 General Eicctric 80'i General Foods 86i General Motors 79' i General Portland Cement 22'i Georgia Pacific 53ai North RY 53 Greyhound 4fiJ4 Gulf Oil 49'i Homcstake 47 Idaho Power 34 I.B.M. 492U Int Paper 34 Johns Manville 4fcfe Kcnnecolt Copper 78 Lockheed Aircraft 35 Martin 18 Merck 103 Montana Power 38 Montgomery Ward 38 Nat'l Biscuit 56 New York Central 21 Northern Natural Gas 52 Northern Pacific 4fi Pac Gas Elec 32 Penney J.C. 44 Penn RB 19 Permancnte Cement 18 Phillips 53 Procter Gamble 80 Radio Corporation 84 Richfield Oil 45 Safeway 61 Sears 99 Shell Oil 43 Southern Co 55 Southern Pacific 34 Sperry Rand 18 Standard California 64 Standard Indiana 63 Standard N.J. 69 Stokcly Van Camp 20 Sun Mines 10 Texas Co. 68 Texas Gulf Sulfur 17 Texas Pacific Land Trust 28 Thiokol 21 Trans America 52 Trans World Air 26 Tri-Continental 48 Union Carbide 107 Union Pacific 40 United Aircraft 42 United Air Lines 37 U.S. Plywood 62 U.S. Rubber 48 U.S. Steel 56 United Utilities 40 West Bank Corp 42 Wcstinghouse 40 Youngslown 126 .MUTUAL FUNDS Prices until 10 a.m. PDT today Rid Asked Affiliated Fund 8.40 908 Atomic Fund 4.78 5.22 Blue Ridge 12.01 13.13 Bullock 13.9B 15.37 Chemical Fund 12.14 13.28 Colonial Fund 11.68 12.77 Comw. Inv. 10.09 11.03 Diver Growth 8.90 9.75 Dreyfus 18.25 19.84 E & H Stock 14.26 15.41 Fidelity Capilal 9 67 10.51 Fidelity Trend 16 45 17.88 Fundamental 10.13 11.10 Founders Fund 6.58 7.15 group Sec Com 13.76 15.07 Gr Sec Avia El 6.93 7.62 Hamilton H D A 5.07 5.54 ICA 10.86 11.87 Investors' Group Intercontinental 6 24 6 74 Mutual 1139 12.31 Stock 19.10 10.65 Selective 10 46 11.19 Variable 701 7.60 Keystone S-l 22 35 24.39 Keystone S-3 15.00 16 36 Ke'vstone S-4 4 33 4 73 M.i.T. 15 34 16.77 M I T. Growth 8.41 9 19 Nat'l lnv. 16.B2 17.10 Nat'l Sec Div 4 25 4 64 Nat'l Sec Growth 8 28 9 05 Nat'l Sec Stock 8.12 8 87 Putnam Fund 15.26 16.68 Putnam Growth 8 90 9 73 Selected Amer 9.97 10 78 Shareholders 11.06 12.09 Sup lnv Scr 7 73 8 40 United Accum 15 0.1 16.43 United Canada 8 31 .... United Income 12 6.1 13 80 United Science 7.09 7 75 Value Lines 5 45 5 90 Wellington 14 95 l6.oa W incisor 14 35 15.60 Whitehall 13 92 15 05 Potatoes PORTLAND lUPI' - Potato market steady: 100 lb. tks washed Russets U.S. No 1 un less otherwise stated: Size A W ash. 2 40-2 75; Oregon 2 65-3 00 few higher; Bakers 2 65-2 90. mzod 2 oi spread 3 50-3.75; U S. No i 1 10-2 .15; U.S. No 2 bakers 2 15-2 40 Baled 5-10 H) film bags 1 3.V1 60; 50 tt etna si 1 01 spread 1.75-1.23; Round Red 50 lb ska 1.75-2; Ida. Russet 35 per cent 10 oi vA large 3.40-3.85, baled 5-10 lb. Film bags J 15- 2 40. PAGE 7A Klamath Falli. Ore. WALL STREET NEW YORK (UPH Stocks moved slighHy below their best levels late today after advanc ing into new record, ground. Many of the best gainers were in response to a flood of high er earnings and increased divi dends. Trading of 1.880,000 shares during the first hour was tlie heaviest for the initial 60 minutes of trading since the 2, 212.200 on Oct. 19. 1937. Brokers noted that in addition to the favorable earnings, the market has been bolstered by reports that new car sales in the initial third of October smashed the old record for the period and also a fairly sharp increase in personal income in September. Wall Street Chatter NEW YORK (UPli - Ken neth Ward of Hayden. Stone Jt Co. says that the period ahead is most realistically called "an adjustment phase." Ward adds that "any setback by the Dow-Jones industrials teaching approximately the 715-20 area would be the most constructive type of action and would be a good time to buy many issues that have not ex ploited their long term upside price potential. Unless an in vestor has reasonable grounds for believing that corporate earnings will decline and divi dends reduced in the period ahead, he has no valid reason for not holding onto his stocks during any possible selling squall in the period ahead." Standard & Poor's says that "conditions within the mar ket itself suggest the feasabili ty of a continuing cautious at titude toward new stock invest ments, notwithstanding the strong trend of general busi ness. Switching operations should be stressed at this time. Moody's Stock Survey be lieves that "the improvement in U.S.-Soviet relations seems likely to produce an investment background of ultimate benefit to common slocks." Livestock PORTLAND UP1 - (USDA) Livestock: Cattle 50. Not enough to test trade. Calves 10, No trade test. ' Hogs 75. Barrows and gilts few 1 and 2 210 lb 17; 1 and 2 sows 380-540 lb 10.5013. Sheep 173. Few sales slaughter lambs weak to 50 c lower, but hardly enough to test trade; few small lots mostly choice 79-90 lb lambs 16-16.75; feeders iew sales steady, t w o small lots choice 65-70 lb 16. Groins Wheat High Low Close Wheat Dec 2.13 2.12 2.13- Mar 2.14 2.12 2.13 May 2.10 2.09 2 09- Jul 1.74 1.72 1.72- Sep 1.75 1.74 1.74 Oats Dec .70 .69 .69 Mar .72 .71 .72- May .72 .71 .71 Sep .66 .66 .66 Rye Dec 1.50 1.48 1.49 Mar 1.53 1.51 1.53 May 1.53 1.50 1.52- Jul 1.45 1.44 1.44-!.' Stocks LOCAL SECURITIES Bank America Boise Cascade Cal Pac Util Con Freight Cyprus Mines Equitable S It L 1st Nat'l Bank Jantzen Morrison Knudsen Mult Kennels N.W. Natural Gas Oregon Metal PP & L PGE U.S. Nat'l Bank Tektronix West Coast Tel Weyerhaeuser 65 68 31 33 25 27 9 10 22 2.1 31 33 72 76 23 25 30 32 4 4 33 35 1 1 26 23 26 28 88 91 22 2.1 24 23 31 33 Blast Source Still Mystery An explosion buffeted down town Klamath Falls Wednesday night, but police could not find its source. Officers on patrol all over the city reported they heard the blast at 9 25 p m. and police re ceived numerous calls about ii. Police investigated the down town area, but couldn't find the source of the explosion. Fashion Show Officer Wives Club members at King'iey Field will meet for a 12 30 p.m. luncheon Friday, Oct. 18. In the Officers Club. A fashion show nf holiday playo clothe will folio. j I I IS 5 v i- I I '- I .. I 1 1 - Jf k ' t ' ;. tu I I HOMECOMING CANDIDATES One of these Oregon Tech coeds will become the 1 963 homecoming queen. The six candidates are (left to right), Paulette Eden, Becky Aubel, Janice Deeds, Peggy Matson, Toni McKibban and Cathy Kenyon. The queen will be chosen in student balloting next week. OTI Centers Homecoming Activities Around 'Owls On The Move' Theme The 1963 Oregon Technical In stitute Homecoming Oct. 25 and 26 will be built around the new OTI campus with the theme "Owls on the Move." This will be the last year OTI's Homecoming will be held on the campus it has occupied for the past 16 years. Next year, the institute will move to a new site northeast of Klamath Falls. Homecoming activities begin Friday, Oct. 25, at 6:30 p.m. with a serpentine to the bonfire and pep rally near the new campus, which is under con struction. Returning to the present cam pus, alumni will register at the Student Union and a campus sign contest will he judged by alumni olficers during the eve ning. A rally dance will be held Fri day evening in the Student Un ion. Homecoming shifts into high gear Saturday. Oct. 26, with a parade moving through down town Klamath Falls beginning at 9:30 a.m. The parade will move down Main Street from Third to Modoc Field. Bands and floats from a 1 1 organizations and schools are in vited to participate in the pa rade, but must be registered with OTPs dean of women by Oct. 23. Following the parade, s t u dents, alumni and the public will again gather at the new campus site for guided tours of the buildings. The Homecoming football game that afternoon will feature the OTI Owls vs. the Wolves of Oregon College, beginning at 1:30 p.m. at Modoc Field. Halftime activities will include a parade of floats, announce ment of winners in the float and sign contests and the crowning of the Homecoming qucon, chos en from a field of six coeds. A slate of special activities has boon set up for returning alumni, including a business meeting et 5:30 p.m., Oct. 26, at Molatore's Restaurant. Homecoming will end that night with a dance in the OTI gymnasium beginning at 9 p.m. Music will be furnished by the Starlighters, a local 18 piece band. Campaigning has already be gun by supporters of the six Homecoming queen candidates. The queen will be chosen by student balloting Oct. 24. the day before Homecoming begins, but her identity will n o t be known until halftime of the Obituaries PARKER Ln fliMhfth PArker, If, (! 0(1. IS. at Truck. Culit. Su'vivM hv tw (ryj. J)me Purktr, Ok-ntwt, Mic)l PrMr, AttWQUfOlrf. Ntf I flduflhtr, Mr. Vl'lnf fturnM. Tul. In, t)thr, Jmei O'Coniof, Klm- th Full: bromr, rV'k't O'Con nor, Klmlh ft Wit tw t'tll't. Mr Dun BH"V Ao) Mri Jrry Aht'fi. both ftf yfriH; two gfnrvcr.liarrv Fun"! WviCH Wtl O rwiouncd by O Mir' Mtmwul CriDl. OWN Brown. Co"9t G'Ovt. O't : Anna Ma CooM'titid- 11 city un ci. Jm ttty Fu""il lrvic. Mill lht D""t from 1 cMr I 0' WaVd't Klmth Fuflr1 Horn X Frrity. Oct 'I. It m Vault Mr rr nl In Chltf fchcrtn Ct" ttry. Funerals WMITI Pufrl ttrvkn wr MI4 fer Alga O'ltt WMt II l-IAem Oct 17, 161. I" OHlil'l MtrTMKl! Cl,.0l Iftttf mtnl In Klatiair, Mfmir4l Pir. Homecoming football game. Queen candidates and brief descriptions follow: Becky Aubel is sponsored by the Electronics Division. She is a third-year accounting major and is t're daughter of Maj. and Mrs. Clark Aubel. Major Aubel is executive officer at Kingslcy Field. Becky has brown eyes and hair and was the Sweetheart of last year's OTI Sweetheart's Ball. Janice Deeds, candidate of the Hit, Run Reported A hit-run driver struck t h e rear of a southbound automobile operated by Delhert Timothy Steppe, 19, of 1719 Main Street, Wednesday, on Highway 97 near Klamath Falls, causing minor damage to the victim's vehicle, Oregon Slate Police reported Thursday. Steppe told police that he rec ognized the hit-run car as the property of p resident of the Stewart -Lenox District, and in dicated he would sign acorn plaint with the district attorney sometime today. The victim said he was nego tiating a curve near the Klam ath View Auto Court when the collision occurred. Apartment Hit By Burglars A Michigan Street apartment was entered and ransacked by burglars Wednesday night, but nothing was taken. James Ilobbie, 224 Michigan, reported the burglary at 9:46 Wednesday night. He said it oc curred w hile he was out to din ner. Police said the apartment's door had been broken open and the npartment was searched. Ilobbie could ind nothing miss ing. DAV Session Disabled American Veterans and the Auxiliary will meet at 8 p.m., Friday, Oct. IS, in the Iyegion Hall, 228 North Eighth Street. --sr (q) LSi lit ill it 1 J ft ii- 1- OFFICERS Sconchin Society Children of the American Revolution are obierving Patriotic Education Week, Oct. 12-19, with appropriate activitiet including a window exhibit in the U.S. National Bank. Officart of the CAR era, left to right, Marilyn Whitney, registrar; Rebesea 9 periroo, president; Sally Walet, vie president, and BtMf Baldwin, secretary.treasurcm MnJ pictured it Phyllis Waters, chaplain. Metals Division, is a first-term medical technician student. Jan ice, a 5'3" brunette, is a 1963 graduate of Drain High School and is the daughter of Mrs. Ray Hchn of Drain. Janice is a resident of King Hall. Paulette Eden, another first term medical technician stu dent, was chosen to represent the Auto-Diesel Division. Paul ette. a 5-foot-tall brunette, is a 1903 graduate of Klamath Union High School and is the daugh ter of Mr. and Mrs. Paul Eden of Klamath Falls. Cathy Kenyon, choice of Uie Engineering Division, is a den tal assistant major and a 198.1 Malin High School graduate. Ca thy, the only blonde among the candidates, has blue eyes and is S'6" tall. She is a resi dent of King Hall and her par ents. Mr. and Mrs. Elmont Ken yon. live in Malin. Peggy Matson is the Home coming queen candidate of the OTI chapter of the American So ciety of Tool and Manufacturing Engineers. She is a 19B2 gradu ate of Sacred Heart Academy and transferred to OTI from the University of Nevada, w here she majored in music. She is the daughter of Mr. and Mrs. Leon ard Matson of Klamath Kalis. Toni McKibban, a fourth-term X-ray technician student, is the candidate of the Medical Tech nology Division.. A 1962 Klamath Union graduate, Toni is five feet lalJ, and has hazel eyes and brown hair. Her parents are Mr. and Mis. John Parisotto of Klamath Falls. Runaways Identified Two 16-year-old boys picked up in downtown Klamath Falls Tuesday have been identified as runaways from Loomis, Calif., near Sacramento. Raymond Lee Davis and Gra ciano Laurequl were stopped by Klamath Falls police early Tues. day morning while riding a mo torcycle through the downtown area. A tclcty)e to California au thorities confirmed they were runaways and the boys' parents picked them up here Wednesday. Assault, Robbery Claim Leads To Pairs' Arrest Two armed men alleged to have beaten a hitchhiker iind robbed liim of U0 near Che mult Wednesday night were ap prehended several hours later by Oregon State Police and Oak ridge City Police as they were driving through Oakridge sever, al hours after the attack, date police have disclosed. Lodged in jail at Oakridge on charges of vagrancy and carry ing concealed weapons were Ronald Everett Heart, 21, Olive hurst, Calif., and Virgil Wavne Miller, 27, Yuba City. Calif. The latter is on parole from a charge of robbery. The victim, Donald Ray Nich- No Hunting Allowed By Campus The evidence of deer hunters in the immediate proximity of the Oregon Technical Institute campus drew comment today from Dr. Winston Purvinc, president. "On several occasions since the beginning of the deer sea son, there have been fusillades of deer hunters' rifle shots near the campus housing on the OTI campus." he said. "Until the end of deer season, the campus will be patrolled and trespassers will be prosecuted." Dr. Purvine added. "This step is necessary not only because hunting on the campus Is pro hibited by state law, but also for the important reason that the physical well-being of the students and slaff must be pro tected." The campus, which contains 822 acres, will be well posted so that mistaken entry can be avoided, according to the presi dent. Operation Saves Life Of Patient A 26-year-old woman crippled by polio developed a cold Wed nesday morning and by Wed nesday night, a tracheotomy was performed to allow her to breathe. At one point during the eve ning, a public call was sent out over radio and television for an iron lung for the woman, Dor thella Hose, 2316 California Ave nue. But authorities at Hillside Hospital said today that call wasn't authorized and an iron lung was available for Miss Rose, but wasn't used. She was reported in "fair" condition today. In addition to her paralysis, Miss Rose has only one lung. She was first taken to Hill side Wednesday morning with a cold, but later developed dif ficulty ih breathing, which made the tracheotomy necessary. That nxration involves the opening of a hole in the patient's throat to allow breathing. Body Found By Tracks The body of a 19-year-old Ne gro man was found on the rail road tracks near Algoma about 4:30 a.m. Thursday, the appar ent victim of a fall from a freight train that he had been riding. The victim was Leonard J. Tate, whose body was discov ered by Southern Pacific Engine Crew 6231 and removed to O'Hair's Memorial Chapel. Identification papers found on the body established that Tate had been on active duty in the Army at Fort Ord. Reports were that Tate had been seen at a local restaurant Wednesday Inquiring about trains scheduled for Roseburg. Observers speculated that he had lost his grip and fallen while riding between two freight cars. ols. 19. Marysville. Calif., tele phoned Eugene police that he had been accosted north of Che mult and they in turn relayed the report to law enforcement officers at Oakridge. Police intercepted the Califor. nia men at Oakridge and found the car they were driving con tained a pair of rubber gloves, dark glasses, tape, silk stock ings made into masks and three loaded pistols. Investigation by s(ate police turned up a story contrary to that reported by Nichols. According to subsequent in quiries, police learned that Nich ols had not been picked up by the two men near Ohomult and attacked, as the victim report ed. Instead. Nichols, on parole for auto theft, left Marysville with his attackers early Wednesday and drove with them to Oregon. Police believe that Nichols be came involved in an argument with his companions as the group approached Chomult, where they then beat him and threw him from the car. The automobile is registered to Frank Ragan, 2452 McGowan Road. Marysville. State police at Klamath Falls had no information as to where Nichols is at this time. OSU Readies Homecoming CORVALL1S - Thousands of Oregon Stale 'University alumni are expected to return to the campus here Friday and Satur day for the traditional home coming weekend. Reunions are planned for the classes of 1953 and 1958. Highlights of the weekend will include the alumni barbecue, football game with Washington State University, a student alumni stage revue, a folk-singing concert to be taped for tele vision and other activities. BRAND NEWI COMPLETELY DIFFERENT! . V ft, f 0NIY $15995 I Fast! Compact! Portable! Efficient! Stop in ond Wosher-Spin Dryer soon. You'll b omoxed ot Come In See it demonstrated Friday by Hoover Factory Representative Friday -Oct. 18th -All Day! Cascade 412 Main SWEETS TO THE SWEET Mr. and Mrs. E. Remington Davenport demonstrated the making of candies in the home during the Herald and News sponsored candy school Wednesday to homemakert of Klamath Falls. Both afternoon and evening performances were well attended. Davenport, international professional, was returned for the second year by the newspaper by popular rtquest. The school was held in Mills School Auditorium, Ex-Resident MERRILL Funeral services will be announced by O'Hair's Memorial Chape for Mrs. Lena Elizabeth (O'Connor) Parker, 45, who died following a stroke Oct. 15 at Truckee, Calif. Mrs. Parker was a former resident of Klamath County and member of a well-known family. Her death was unexpected. She was born in Lakcview April 12, 1918, and lived in Ma lin for many years. She was a member of St. Augustine's Church in Merrill. Survivors include two sons, James Parker, U.S. Army in Okinawa, and Michael D. Par ker of Albuquerque, N.M.: a Washer-Spin Yes, really last ! This new Heovei will wash, rinse, and sphwfry I 6 pound load cloUws in just 8 minutes. Spin-dry one load while another washes. You'll find room lor it in the kitchen, bath, or utility rood. And It serves as extra counter space when not nt use. Move the Hoover Washer anywhere on bij easy-tolling casters. Roll it tip to Die sink to wash, then back to the corner out of the way. Washes 1 lull pounds of clothes..jnd uses just 10 gallons ot water to do it. Has a suds-saver, too ! Lifetime STAINLESS STEEL wash tub. ... n rUmanstration of the totally new Hoover Vern Owens' Home Furnishings Succumbs daughter. Mrs. Marvin (Virgin ia) Barnes of Tulelake: father, James O'Connor, and one broth er, Mikie O'Connor of Klamath Falls; two sisters, Mrs. Dan (Bridget) Barry and Mrs. Jerry (Madge) Ahem, of Merrill; also two grandchildren. Mrs. Barry and Mrs. Barnes flew to Truckee on word of her death. : 1" ' J.. Dryer tht woy It wqhes. Ph. TU 4-8365 si n 11
