Herald and news. (Klamath Falls, Or.) 1942-current, October 22, 1963, Page 4, Image 4

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    PAGE-4
HERALD AND NEWS.
MARKETS and FINANCE
Stocks
c
NEW YORK STOCKS
"' By United Press International
' Allied Chemical 53
Alum Co Am 8i
American Air Lines 29
American Can 45'4
American Motors 20H
AT&T 128?
American Tobacco 29Vfc
Anaconda Copper , 491
Armco
American Standard 1V&
Bendix Corp Wi
. Boeing Air 3441
' Brunswick H'i
Caterpillar Corp 43
"Ghrysler Corp oovi
Coca Cola . 104Si
C.B.S. m
Columbia Gas 2
Continental Can 45
Crown Zellerbach 52
Crucible Steel 23'4
Curtiss Wright M'-i
-Dow Chemical 5814
. DuPont 249
Eastman Kodak 113
Firestone M'
Ford . 5'"
General Dynamics . 25
General Electric 801
General Foods M'A
General Motors '9
General Portland Cement 22
Georgia Pacific 53V4
-Forth By 53V
, Greyhound 48
Homestake , 47
Idaho Power' xd 34
I.B.M. , 486
Int Paper 34
Johns ManviUe 4B7
-Kennecott Copper 7614
. Lockheed Aircraft 36
. Martin mi
..Merck l3''i
..Montana Power 37
..Montgomery Ward 3714
' Ket'l Biscuit M4
-..New York Central 20V.
Northern Natural Gas 53'
Northern Pacific 46
Pac Gas Elec 31
Penney J C. 45
Penn KB,
Permanente Cement 17
Phillips '3lV
Procter Gamble . 8014
Radio Corporation ' 01
- Richfield Oil . 43
-Safeway m'
Sars 99
'Shell Oil. 44V
Socony Mobil Oil W4
Southern Co 55li
Southern Pacific 341'
SperryRand
Standard California 63
Standard Indiana
Standard N.J. ''
Stokely Van Camp 21
Sun Mines ,
Texas Co. 88
" 'Texas Gulf Sulfur 18
Texas Pacific Land Trust 26
Thiokol N M
iTrans America 51
Trans World Air 25
"Trl-Continental 47
;. Union Carbide
'Union Pacific 39
'.Unled Aircraft 43
United Air Lines 35
U.S. Plywood 61
U.S. Rubber 4814
U.S. Sleel 53
United Utilities 40
West Bank Corp 42
Westinghouso 37
'Youngstown 124
r MUTUAL FUNDS
i Prices until 10 a.m. TI)T today
i Bid Asked
i Affiliated Fund 8.42 9 11
- Atomic Fund 4.60 5.32
: Blue Ridge 12.03 13.15
Bullock 14 02 15,30
Chemical Fund 12.30 13.45
Colonial Fund 11.68 12.77
Comw, Inv. 10.11 11.05
Diver Growth 8.91 9.76
'Dreyfus 18.28 19.87
E St H Stock 14.33 15.48
v Fidelity Capital 9.83 10.68
i Fidelity Trend 16.74 18.20
5 Fundamental 10.18 11.16
i Founders Fund 6.64 7.02
f Group Sec Com 13.80 15.11
: Gr Sec Aviu El 7.09 7.78
Incorp lnv. 7.32 8.00
1CA 10.96 11.98
Keystono S-t 22.42 22.46
' Keystone S-3 15.10 16.47
Kevstone S-4 4.35 4.75
M.'l.T. 15.38 16.81
M.l.T. Growth 8.4B 9 25
Nafllnv. 15.97 17.26
Nat'l Sec Div 4 28 4.68
Nat'l Sec Growth 8 68 9.14
Nat'l Sec Stock 8.12 8.87
$ Putnam Fund 15.32 16.75
, Putnam Growth 8.96 9.79
'Selected Amer 10.02 10.83
Shareholders 11.14 12.17
IjSup Inv Scr 7.83 8.53
MJniled Accum 15 It 16.51
United Canada 1R..13 .. ..
; United Income 12 67 13.85
United Scicnco 7 76 7.83
Value Lines 5.40 5.90
Wellington 14 80 16.73
Windsor 14.42 16.87
Whitehall 13.98 15.11
LOCAL SECURITIES
Bank America 65 MH
Boise Cascade .111 33'
Cal Pac I'UI 24 26
Con Frolcht 10 10
Cyprus Mines 3 24
Equitable SAL 30 , 32
1st Nat'l Bank 72 v " 75
Jantzen 24 26
Morrison Knudsen 29 31
Mult Kennels 4 4
N.W. Natural Gas 33 35
Oregon Metal 1 1
PP L 26 28
PGE 26 28
U.S. Nat'l Bank 89 82
Tektronix 11 -22
West Coast Tol 13 25
Weyerhaeiiser 30 32'j
Tuesday, October 22, MM
Klamath Falls, Ore.
WALL STREET
NEW YORK (UPI) - Stocks
opened sharply lower today, ral
lied during the afternoon but
dropped again at the close.
Steels paced the selloff follow
ing news that a federal grand
jury had subpoened a number of
major steel producers, presum
ably to provide information con
cerning the recent steel price
increases.
More than a dozen steels suf
fered losses ranging from 1 to 5
points at the outset. Some of
these managed to regain some
ground but Armco, Bethlehem,
Allegheny Ludlum, Lukens, Na
tional, Republic, Inland, Jones
& Laughlin, Youngstown Sheet
and U. S. Steel were still off
considerably at the close.
Wall Street Chatter
NEW YORK (UPD-Standard
& Poor's says that "the outlook
for a near-term recovery in
sales of shoe manufacturers is
considered relatively favorable
The industry -was hampered by
a number of problems In the
forepart of 1963 but indications
point to a recovery in shoe out
put in the final quarter of this
year, probably above the year-
earlier production of some 1150
million pairs."
Harris, Upham 4 Co. says
that "the hope of tax cuts, the
expectation of election year
stimulants, tho approach of the
period of more liberal dividend
declarations and the rising trend
of earnings should provide fuel
for further market gains.
Investment adviser James
Dines says to "remain on full
alert, being especially on guard
against a decline to 736 in the
Dow Jones industrials which
will probably trigger a sell
signal."
Livestock
KLAMATH FALLS
Livestock Auction Market
Oct. 21
Receipts: All Cattle 386; Hogs
27; Sheep 5.
Last week; Cattle 595; Hogs
27; Sheep 9.
Compared last Monday
slaughter steers and heifers and
weaner calves .50 higher; other
cattle classes steady. Hogs .50
higher.
Slaughter Cattle: Steers:
Good, 685 - 1100 lbs., 21.10; Std.,
Good Holsteins, 20-21.60.
Heifers: Choice, 780-875 lbs.,
22.40-23.10; Good, 850 - 040 Jbs.,
21.50-22.60.,
Cows: Cmcl., 15.20-16.10; Utll.,
13.10-15.70; Cutters, 10.50-12.60;
Canners, 9.60-10.80.
Bulbs: Utility Cmcl., 17-18.-90;
Calves: Good-Choice, 400-500
lbs., 21.25-22.50.
Feeders: Steers: Good-Choice,
580 - 635 lbs., 21.70-22.60; Good
Choice, 730 - 750 lbs., 20-21.50;
Com.-Mod., 550-750 lbs., 17-20.50;
Holsteins, 500 750 lbs., 17.35
19.25. Heifers: Good-Choice, 840-700
lbs., 19.50-20; Med., 570 - 685
lbs., 18-10.10.
Slecr Calvos: Good Choice,
320 140 Jbs., 24.50-27; Good
Choice, 475 - 550 lbs., 22.50-23.10;
IMed., 350 500 lbs., 21.50-22.25.
Heifer Calves: Good Choice,
360-490 lbs., 22.25-24.50; Sled.,
350 450 lbs., 18.50-21.
Cow: Med.-Good, 135 162.50
per head; med. pairs, 157.50-170.
Hogs: U.S. 1 tt 2 Barrows k
Gilts, 180 - 215 lbs., 16.10-17.00;
Sows, 2, 375 lbs., 10; Woaner
Pigs, 6.50 per head; Feeders,
05-140 lbs.. 13.50.
Sheep: Slaughter lambs. Good.
Choice, 88 lbs., Woolcd. 16.
Reported by Ray O. Petersen,
county extension agent.
PORTLAND (UPD - tUSD.M
Livestock:
Catllo 100. Few canner-cutlcr
cows 9-13.50; choice feeder slecr
19; small lot medium 580-630 lb
feeder steers 17-18.
Calves 50. Few good slaughter
270-315 lb 26-28; oholco feeders
24-26; clioice heifers 20-22.
Hogs 300. 1 and 2 grado
butchers 16.50-17.
Sheep 200. Few good-choice 80
92 lb voolcd lambs 17-18; cull
utility ilori ewes steady at
4.50.
Grains
CHICAGO (UPD -
Range:
High Low... 'hue....
Wheat
Dec J.12 2 11 2 .12
Mar 2.13 3 12 2 12 V! 13
May 3 09 2.08 3 OO'k-a.09
Jul 1.72 1.70 1.71
Sep 1.73 1.72 1.73;'
Oats
Dec .70 .70 .70.
Mar .72 .7! .?J
May .72 .72 .73
Sep .67 .66 .67
Rye
Deo 1.56 154 1.54
Mar 1.58 1 55 1.57-
May 1.56 t.54 1 56'.
Jul 1 48 1.46 1.47
Potatoes
PORTLAND (UPD - PoUto
market steady; MO lb. ska
washed RumcU U.S. No 1 un
less otherwise staled: Silt A
Wash. 3.40-2.75; 14 oc. 2.50
3.75; Oregon 2.65-3.00; few high
er; bakers 3 90-3.00, sized 2 oi.
spread 3.50-1.75; U.S. No J bak
ers 3.25-2.35.
Unsvorth Re-Indicted
By Grand Jury Here
Bill Unsworth, alleged gun
slayer of a farm laborer at
Beatty in April 1962, was re
indicted by the Klamath Coun
ty Grand Jury for second de
gree murder in connection with
the shooting early today in the
circuit court of Judge Donald
A. W. Piper.
In addition, the grand jury re-
Gun Class
Will Start
Next Week
Registration for the Klamath
Falls Police Department's an
nual gun safety classes will be
held Thursday at the police pis
tol range, 310 South Fourth
Street.
Registration will start at 4
p.m. Thursday. Classes will be
gin Monday Oct. 28.
Youngsters registering for the
course must be accompanied by
a parent. There will be a $1 fee.
The course consists of eight
weekly two-hour classes.
Completion of a gun safety
course is a requirement for is
suance of a hunting license to
youngsters.
Jacoby
On Bridge
NORTH 33
AKJ5
VJ963
0 852
QJ8
WEST EAST
A73 A843
VAK42 V10 87
QJ10 3 0976
7 52 A963
SOUTH (D)
A A Q 10 9 6
VQ5
A K 4
K104
Both vulnerable
South West North East
1 A Pass 2 A Pass
4 A Pass Pass Pass
Opening lead 4) Q
Decision
Is Wise
By OSWALD JACOBY
Newspaper Enterprise Assn.
Take a look at the West hand
only. Your opponents have
reached four spades on simple
strong bidding and you are on
lead. You want to make an at
tacking lead and your problem
is to decide whether the heart
suit or the diamond suit is bet
ter for attack.
If your partner holds only two
hearts you want to get the king
of hearts right on the table, but
the chances are that If anyone
is short in hearts it will be the
doclaror. So you decide to start
on the diamond suit and try to
get a diamond trick set up.
It is a mighty wise decision.
Once you open that queen of
diamonds you will bo able to
get In a diamond trick before
declarer has time to set up dum
my's Jack of hearts for a dis
card. You will also make
your ace and king of hearts and
your partner will get his ace
of clubs.
Incidentally, it Is worthy of
note that South has an absolute
cinch for three no-trump and
maybe North and South should
get to that contract. It would be
easy enough if South opened one
no-trump, but with 18 high card
points and a strong five-card
suit his hand is too strong.
There are two other ways to
get there. Ono is (or North to
respond one no-trump instead of
two spades. The other Is for
South to rebid in no-trump in
stead of spades. All in all the
main point Is that tlte way to
reach three no - trump is (or
someone to bid no-trump some
time or oilier.
Read "Win at Bridge With
Oswald Jacoby." Just send your
name, address, and 50 cents to:
Oswald Jacoby Reader Service,
care this newspaper, P.O. Box
489, Dept. A. Itndio City Sta
tion, New York 19, N.Y.
Q The bidding has been:
South West North East
1 Double Kdhlo rasa
Pass 1 V Pass Pais
You, South, hold:
AK7 VAQ4 jJ4 AA10I
What do you do?
A Bid ono no-trump. Tour
hand la In tho minimum range
and li of no-trump pattern.
TODAY'S Qt'ESTION
You hid ono no-trump and
your partner raljn to two no
Irump, What do you do now?
Answer Tomorrow
Bob Jones'
Southern Oregon
Insurance Agency
araoo
anasta way
TU-1-4671
turned indictments against 12
others, submitted four secret
indictments, and issued four true
bills in its regular report to the
court.
The four exonerated by t h e
grand jury were John Dobran
ski. larceny of a calf; Glenn
Dale Ratcliff, burglary not in a
dwelling, and Louis Harvey
Gibbons and Jesse Don Ledbet
tcr, both accused of assault with
a dangerous weapon.
The re-indictment of Unsworth
was another in a series of de
velopments which occurred since
last summer when the State Su
preme Court set aside the slay
er's murder conviction of last
year. Since then, Unsworth has
dismissed his two lawyers and
appointed as his attorney Rich
ard J. Smith, in a move which
preceded Judge Piper's setting
of Nov. 18 as the date for the
retrial.
Tho district attorney's office
said following the grand jury re
port that Unsworth's re-indictment
was based on a technical
ity and it conjectured that the
Nov. 18 trial dafe would be re
affirmed by thefcourt during ar
raignments set for later today.
Named on the oilier indict
ments were James A. Doeing,
Felix Ray Walsh, ond Delmar
Nash, bail $2,500 each, a 1 1
charged with knowingly uttering
and publishing a forged bank
check.
Robert Johsnon (bail: $1,500;
and Cecil Racbal (bail: $2,500),
concealing stolen property; Jim
Wurst (bail: $2,500), obtaining
money and property by false
pretense; Donald Roy Storms
(bail: $2,500), unlawfully obtain
ing public assistance.
Charged with burglary not in
a dwelling were Clyde Bell, bail
$3,500; William Richard Best,
bail $2,000 and Samuel Julius
Amato, bail $2,500.
Indicted for assault with a
dangerous weapon was Charles
Byrd, bail $5,000.. Similarly in
dicted was Henry George Jr.,
who is also charged with at
tempt to commit rape. Bail for
George on the double count has
been set a t $10,000.
Truck Hits
Building
MOUNT SHASTA -' A truck
backed across U.S. Highway 99
in Mount Shasta on Friday,
about 7:30 a.m., hit the corner
of the Kimberly-Clark Lumber
Company office building, and
then fled. The office was shoved
approximately one inch out of
line.
The lumber company's book
keeper, Mrs. Mary Vismara,
also immediately fled the scene.
She had thought an earthquake
was hitting in the Mount Shas
ta area.
The driver of the hit-and-run
truck Is tliought to be from An
acortes, Wash., as such a driv
er was reported to have spent
the night at a motel directly
across the highway from the of
fice building. California High
way Patrol officials are investi
gating the matter.
Woman Injured
ALTURAS Mabel Edith Horr,
76, of Adin, Calif., was reported
in fair condition .Monday at
the Modoc Medical Center from
injuries sustained Friday eve
ning when her automobile
crashed into a tree on Adin
Pass.
Mrs. Horr evidently went to
sleep while driving her car, ac
cording to the California High
way Patrol. The car swerved off
the highway and down the face
of tho road fill, coming to a
stop when It struck a pine tree.
She was removed to the Mo
doc Medical Center whoro she
is being treated for extreme lac
erations and a fractured aim
and leg.
PACIFIC
NORTHWEST
COMPANY
Investment Securities
Sine 1921
Will Be At The
Winema Hotel
Thurs. & Fri.
Iruct T. Mills
Rigiirartd
RtpmantoHirt
Talaphana TU 4-4111 to ciniult with Mr. Hail er Mr.
Mill! n Invairmant end ratiramant entrants mini tha
lacurittai of utlliriai, benkt, iniurenct, tnduitrial, and
mutual Fund ihann.
301-1 Fluhrar Blda., S So, Cintrol, Mtdford 771-731.
Othtr eftttai In Portland. Solam, tuaana, Stattlt, Sao
kona, Tocomo, Abordaon, Ballinoham, Yakima, Wa
ft arch ta, Walla Walla, Kannawick, laiie and Lawliton.
Ecific Northwest Company
Members: Midwest
Correspondents of . . .
Kidder, Peobody and Company
Members: New York Stock Exchange
hu l2lC tfsiV
ti . 111 Li ILi r L JSJu
CALIFORNIA WINNERS Klamath Union High School's Rally Squad, Cindy Miller,
Marianne Gallagher, Jeanne Carnini, Carla Bartlett, Mary Taucher and Susan Learn
ing, placed second in a field of 25 contestants in the invitational Pompon Rally dur
ing the San Francisco 49'ers-Chicago Bears football game Sunday, Oct. 20. The
Oregon squad was the only out-of-state squad invited to the halftime competition in
Kezar Stadium. Sunnyvale, Calif., second place winner last year, took first place in the
competition for smaller schools. Third place went to Lompoc, Calif. The KUHS girls
totaled 94 of a possible 1 00 points.
Milestone
Observed
The Klamath County Taxpay
ers' League observed its first
anniversary last week during a
regular meeting.
During the meeting held last
Thursday, Marvin Furlow,
chairman of the Tax Referral
Committee, reported on the suc
cessful efforts to defeat the leg
islature's tax program in the
Oct. 15 special election.
The School Committee report
ed on the proposed usage of a
portion of the present Oregon
Technical Institute campus for
Klamath Union High School
freshmen, transportation of stu
dents in Districts 1 and 2 and
the division of school assets
included in the school reorgani
zation plan.
A film, "Land and Space to
Grow," was shown. It dealt
with the principle of land value
taxation as being practiced in
parts of South Africa and
Australia and being tried out in
Erie, Pa.
Lethal Bait
The U.S. Fish and Wildlife
Service has announced that it
is now placing lethal bait sta
tions in Klamath County for the
control of predatory animals.
This is done annually to pro
tect livestock and game.
Warning signs are posted at
the stations and at strategic
points within the areas. Detailed
information may be obtained by
contacting Klamath County trap
pers, Art Cooper, Rte. 3, B o x
1140A, Klamath Falls; Leland
Criss, Bonanza; or the district
supervisor, Box 348. Bend.
Logging Truck Accident
Claims Life Of Driver
A 30-year-old Utah truck driv
er met death Monday afternoon
when the logging truck he was
operating went out of control on
a steep grade near Bly and
plunged over an embankment
into the Sprague River, the Ore
gon Slate Police disclosed
Monday.
Dead is Richard E. Peel of
Nethi, Utah, who approached a
down-grade too fast on Ivory
Pine Road, lost control of the
truck on a curve, struck a
bridge abutment and then went
off the road, police said.
Peel had been hauling logs for
Lite Ingram and Thomas Com
pany, Heatly, at the time of
Ihe accident. O'llair's Memor
ial Chapel is In charge of ar-
Idmund I. Hail
Vlca
Prtiietnt
Stock Exchange
rMl
Rally Team Vins Honors
In California Competition
Klamath Union High School's
Rally Squad brought home a
handsome second place trophy
and plenty of fine publicity for
KUHS and Klamath Falls from
.the invitational Pompon Rally
at tlie San Francisco 49'ers-Chi-cago
Bears' football game Oct.
20 in Kezar Stadium. Fifty one
high schools, all from California
except KUHS, competed.
The squad, Susan Learning,
Mary Taucher, Carla Bartlett,
Jeanne Camini, Cindy Miller
and Marianne Gallagher, was
accompanied by its coach,
Ella Redkey, Mrs. Gino Carni
ni, Mrs. Carl Bartlett and Mrs.
Louis Taucher.
KF Woman
Vanishes
A mother of four children who
has been away from her Klam
ath Falls home since 4 p.m.
Monday is being sought by her
family, Oregon State Police
have disclosed.
Missing is Mrs. Robert G. Val
entine, 23, of 2875 Kane Street,
who is described as 5 feet tall,
118 pounds, brown eyes and
black curly hair.
Mrs. Valentine's husband told
police that his wife left the fam
ily home to buy groceries Mon
day afternoon and did not re
turn. When last seen she was
operating a two-tone green sta
tion wagon. ,
Anyone having information
about Mrs. Valentine is urged to
contact state police.
rangoments and is sending the
body to the Anderson Funer
al Home In Nethi. Peel is sur
vived by his wife and two chil
dren. r
The tragedy was Klamath
County's second traffic fatality
for October and 19th for the
year.
A Shady Cove woman who
was killed in a two-car collision
near Diamond Lake Saturday is
' not included in live total because
that accident occurred on the
Douglas County sklc of the
boundary separating Klamath
and Douglas counties.
Klamath's other traffic fatal
ity this month was Stale Hep.
William O. Kelsay of Roseburg
who w as killed in a two-car colli
sion near Chiloquln. Oct. 4.
O HAIR'S
p
ihi oMimf
I Of INI
I coiihii I
-iiui ni"Srt)fftf th Entire Klamath Bifn"
KUHS was the only team in
vited outside California.
The group drove to San Fran
cisco in two cars, saw China
town and window shopped Sat
urday night, and before leaving
for the stadium, at U a.m. Sun
day, received a "success" tele
gram bearing names of all the
KUHS football squad.
Of the 51 teams gathered for
the preliminaries, 25 were in
the small group of six girls or
less. It was in this group that
the KUHS performers were
judged. The finalists were chos
en b e f o r e game time. No an
nouncement was made until
the half-time appearances.
The actual appearance of the
teams from the tunnel, each girl
waving pompons, was a colorful
experience, report those from
Klamath Falls who witnessed
t h e excitement of competition
and the final presentation of
trophies.
First place went to Sunnyvale,
Calif., second place winner in
1962. Third place was awarded
to Lompoc, Calif.
The KUHS girls, chosen by
the sponsoring Olmstead Studio
of Palo Alio, because of their
outstanding routine at Squaw
Valley, worked out their routine
with their coach, Ella Redkey.
WCA Plane
Forced Down
ONTARIO A West Coast Air
lines plane en route from
Klamath Falls to Boise, Idaho,
made an emergency landing
here Monday when one of its
two engines failed.
There were no passengers
aboard the plane at the time.
The plane left Klamath Falls at
10:50 Monday morning.
Society Slates
Thursday Meet
MOUNT SHASTA-The South
ern Siskiyou Gem and Mineral
Society will hold a special meet
ing at The Lair in McCloud on
Thursday, Oct. 24, at 7:30 p.m.
Slides will be shown to aid in
indentifying and locating stones.
All interested persons are invit
ed to attend.
..Tntn"" '.nnW..
tor llo'
MEMORIAL CHAPEL
Attention
To Every Need
The many problems which
arise at the time of bereave
ment receive our fullest at
tention at O'Hair's Memorial
Chapel. In fact, our service
to the family never ends un
til every problem has been
fully resolved.
rmnoTH Ulli OtC.PM
Cancellation Proposal
Opposed By Robinson
(Continued From Page 1)
on the question, but the final
division will be made by the
county court.
As it stands, the city elemen
tary (District 1) and KUHS
(District 2 boards have,
through the years, maintained a
constant appraisal of their as
sets by the General Appraisal
Company. ,
But the county schools base
their estimations of value on an
appraisal done by their insur
ance firm.
It was reported by Hunsaker
Monday that the county school
officials are still adamant
against paying for an independ
ent appraisal of their properties.
Hunsaker did say, however,
that the possibility of the coun
ty board's insurance company
doing an appraisal of city prop
erties is being investigated. But
elementary board members
Monday night indicated they
felt this might not be entirely
satisfactory.
If Districts 1 and 2 and the
county board maintain their re
spective positions without reach
ing accord, the decision will be
left to the county court.
It was reported that Superin
tendent Robinson, without using
a common yardstick of school
property values, has worked out
the division of assets.
But elementary board mem
bers said this set of figures is
worthless without a common
yardstick.
The elementary board Mon
day night stand calling for can
cellation of all consideration of
assets if a common yardstick
cannot be found was the same
stand taken by Hunsaker at last
week's executive meeting.
And this stand apparently has
the sharp disapproval of County
Superintendent Robinson. He
told the Herald and News last
week this would deprive county
school taxpayers of more than a
half-million dollars and this
couldn't be justified.
Robinson's estimate of more
than a half-million dollars is
based on his estimation of over
lap school values, which are
calculated on two different yard
sticks of value.
This is the resolution adopted
Monday night:
"District No. 1 is of the opin
ion that if a division of assets
is to be made on a dollar-for-dollar
basis, the basis for such
a division should be a common
independent appraisal. The
properties of District 1 have
been appraised by the General
Appraisal Company and values
are established according to de
preciated and replacement
schedules.
"District No. 1 is also of the
opinion that such items of assets
as are used should be the same
in all districts involved, and
that those items should include
all assets toward which the tax
payers in the areas affected
have made a contribution.
"In the absence of values
measured by a common ap
praisal and consistency in the
items included in the assets, the
board sees no other alternative
than to cancel all consideration
of assets and each board pay
tuition to the other for the chil
dren they educate from the op
posite districts."
Along with the resolution, ele
23 tyeGM Ap
Monday, October 21, 1940 The Loko county court
plans to transport the Lake county totem pole from the
court in the Shasto Cascade Wonderland court at Treas
ure Islond to the county courthouse lawn at Lokeview.
The pole was carved from a large pine log by CCC boys
skilled in wood carving.
Tuasdoy, October 22, 1940 Members of tha high
school football squod will be guests at the Quarterback
club meeting ot the Willard hotel Mondoy noon. Presi
dent Ken Klohn urged a full attendance of Quarterbacks.
Wednesday, October 23, 1940 Mr. and Mrs. J. Tru
man Runyan returned Sunday evening from Roseburg
where they spent the weekend. They made the trip
over the Willamette pass ond reported the autumn color
ings beautiful.
Thursday, October 24, 1940 Dr. T. F. Farley was
named club champion ot the Reomes Golf and Country
club Sunday when he defeated Harry Weimar, 2 up, in
the final rounds of the annual tournament,
Friday, October 25, 1940 Mrs Horry Boivln and
young son Robert, ond Mrs. Elmer Hoskmg, all of this
city, are spending several days in Son Jose.
Insure With
jdanduf,
THI
UAIILITY
Foul O. Landry
V. T. Johnson
419 Main Street Ph. TU 2-2S26
AUTO MOPtRTY
mentary board members recom
mended to the county court that
in the proposed metropolitan
school district to be formed with
reorganization, there be a board
of directors composed of five di
rectors, all elected at large. Fur
thermore, the board recom
mended that "there be no local
school committees in the new
district.
These were other items on
which the county court had
asked the recommendations of
all three school boards.
In other business Monday
night, the elementary board ac
cepted the resignation of Rich
ard J. Hicks from the school
budget committee. Hicks, f o r
mer partner in the Market Bas
ket stores here, said he has sold
his business interest and moved
to Grants Pass. No replacement
was appointed.
The elementary board also ap
proved a working agreement
with school custodial person
nel which was prepared
by the administration. It was in
dicated that other classes of em
ployes may be included in the
agreement at a later date.
The board approved an appli
cation to the State Department
of Education for funds to pay
for the mentally retarded class
es in the city.
Youths Beat
Pedestrian
A 22-ycar-old man was beat
en and kicked by three youths
on Main Street late Monday
night after the youths narrowly
missed striking him with a car.
Police said Robert A. Potter,
405 North Third, suffered inju
ries to his back, arm and a
hand. He was not hospitalized.
Potter said he was crossing
Main at Eighth when a car skid
ed up, stopping just short of
hitting him. He said the three
youths in the auto started
laughing and he asked them,
"What's so funny?"
Potter told police the three
jumped out of the 1955 sedan
and the driver struck him. He
was able, he said, to ward off
the first blow, but the driver ,
knocked him to the street, and
he was kicked in the back and
arms.
Then, he said, the youths
drove off. The incident occurred
at 11:55 p.m. Potter said a 1 1
three were under 20 years old.
Fire Report
(10 a.m. Monday to 10 a.m.
Tuesday)
Klamath Falls Fire Department
4: 11 p.m. Monday Eighth and
Main, carburetor fire in c a r
owned by Walter Foster, minor
damage.
FULL OP
Savings
(BBSS)
55 Yeart , . .
The Landry Co. offers 55
years of experience in serv
ing the insurance needs of
the Klomath Basin os back
ground to provide insurance
service for YOU.
Ga.
FIRE