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
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Fast!
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Efficient!
Stop in ond
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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