Image provided by: University of Oregon Libraries; Eugene, OR
About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Oct. 31, 1963)
f PAGE-4A HERALD AND NEWS, MARKETS and FINANCE Stocks j NEW YORK STOCKS By United Press International Allied Chemical 53 Alum Co Am 68Wi American Air Lines 30'.i American Can 43 American Motors 21'4 Tit 133V4 American Tobacco 29V Anaconda Copper 4Hk Armco 64H American Standard Kit Bendix Corp 49' Bethlehem Steel 32' Boeing Air 34 Brunswick 11 Caterpillar Corp 48Vj CJn-ysler Corp 93'A fopa Cola 103 B.S. 80 Columbia Gas 29 Continental Can 42 ij'own Zellerbach 52'i tjjiieible Steel 22 fcurtiss Wright ' 19 Ddw Chemical 61'A DU Pont 252V4 Eastman Kodak 1'13'A Jestone 3814 Jjeneral Dynamics 2614 General Electric 83 General Foods 87 General Motors ' 87 Gen'l Portland Cement 22 tjeorgia Pacific 54i qt Nor Hy 52 Greyhound 45 Gulf Oil 47i Homestake 47', Maho Power 34',i tB.M. 494 Jht Paper 33'. Johns Manville 48Vi Kennecott Copper 76 Lockheed Aircraft 35 ilartin 19V4 Merck 105V4 Montana Power 37Vi fontgomery Ward 36Vj , .Nat'l Biscuit 59" Sew York Central ' 20V4 jiQrthern Natural Gas 51 JJorthern Pacific 40' Pac Gas Elec 3!Vi fcenney J.C. 19 i"ermanento Cement 16 JjfiiUips 50 IWocter Gamble 79 tRadio Corp 95V4 Richfield Oil 43 ;SaJeway 61V4 Sears 89 jSholl Oil 48 Soeony Mobil Oil 66 'Southern Co 52 3&ithern Pacific 33 Sperry Rand 17 Standard California 64 .Standard Indiana 62 '.Standard N.J. 71 Sun Mines 10 fexas Co. 66 texas Gulf Sulfur 17 Tex. Pac. Land Trust 26 Thiokol i' . 23 -Tjans America 51 ians World Air 26 3i-Conlinental 46 3?fiion Carbide 113 jJttion Pacific 39 JJoiled Air Lines 36 JJ;S. (Plywood 60 tJ.S. Rubber 47 J. Steel 53 United Utilities 40 tyest Bank Corp 42 rWcstinghouse 37 Jfiungstown 127 :-; LOCAL SECURITIES 2)aiik America 65 G8Vi POise Cascade 32 34 ;Cal Pac Util 24 26 JJon Freight 9 10 Cyprus Mines 22 23 Equitable S&L 30 32 1st Nafl Bank 72 75 Jantzen 23 26 "Morrison Knud 29 31 -IVTVilt Kennels 3 4 f.W. Natural Gas 32 34 kjregon Metal 1 1 SPl'&L 26 27 KlE 25 27 ar.S. Nat'l Bank 88 92 :Toktronix 22 24 :Wst Coast Tol 23 25 jWoyerhaeuser 32 34 t MUTUAL FUNDS Prkrs until 10 a.m. TDT today V Bid Asked Affiliated Fund 8.42 9.10 A'tomlc Fund 4.77 5.20 JJluc Ridge 11.97 13.08 Bullock 14.01 15.35 Chemical Fund 12.38 13.54 Colonial Fund 11.70 12.79 .'Comw. lm'. 10.12 11.06 3iver Growth 8 94 9.80 3F)reyfus 18.39 19.94 IK & H Stock 14.30 15.45 fidelity Capital 9.75 10.60 ;Fide!ity Trend 16.62 18.07 Fundamental 10.22 11.20 ;F;!.P. 4.38 4.80 ("bunders Fund 6.63 7.21 Graip Sec Com 13.72 15.02 :6r Sec Avia El 7.15 7.84 :Hnmilton H.D.A. 5.06 5.53 riocorp Inv. 7.26 7.93 :lCA 11.05 1208 ; Investors' Group Intercontinental 6 24 6 74 Mutual 11.50 12.43 t'Stock 19.44 21.01 l Selective 10.48 11.11 I Keystone S I 22.46 24 51 keystone S-3 15.08 16.45 Z Keystone S-4 4.33 4.74 ;M.I.T. 15.38 16.81 :M IT. Growth 8.46 9.25 ;9fat'l Inv. 15.94 17.23 ; Nat'l Sec Div 4.25 4.64 Nafl Sec Growth 6.30 7.07 : Nat l Sec Stock 8.10 8 85 .Selected Amer 10 N 10 84 'Shareholders 11.13 12 16 1 8up Inv Scr 7.88 8.59 United Accum 15.11 16.51 United Canada 18 27 United Income 12.71 13.89 lTnilawf ) II ? III Thursday, October 31, 1963 Klamath Falli, Ore. WALL STREET NEW YORK (UPII Stocks failed to set a trend today. Dow Jones industrial average moved up from its low at the close. Rails pulled the surprise of the day by holding a steady gain throughout. Brokers had predicted that the market might make another break out on the upside once the carriers caught up to the rest of the market. Wall Street Chatter NEW YORK (UPII - "The present market is highly profes sional, extremely selective, and no place for the amateur spec ulator," says the Alexander Hamilton Institute. It says that "institutional in vestors and mutual funds that have been mainly responsible for the rise in investment grade stocks since Juno and October of last year, are reported to be delaying new commitments in blue chip stocks that have had substantial rises. Some profit taking has been evident." Harris, Upham & Co. notes that most people arc not as dis turbed about the recent steel price increases as they were in 1962. There is a saying that the stock market nover discounts the same thing twice. The in creases this time were more carefully handled by steel com panies, labor unions perhaps see a chance of higher wages if prices increase and the admin istration is not expected to op pose a mild inflation," the com pany says. Arthur Wlescnbergcr Sr. Co. says that the present rally will probably last as long as inves tors feel confident of future growth. "It will not continue In definitely, but at least for the present the implications for the market generally appear favor able." Livestock PORTLAND (UPI) - (USDA) Livestock: Cattle 50. No early test. Calves none. Hogs (100. Barrows and gilts steady; 80-head 1-2 grade near 225 lb bought to arrive basis 16.75. Sheep 100. Small lot choice woolcd slaughter lumbs steady at 18; no other early sales. Potatoes j PORTLAND (UPI) - Potato market steady; 100 ' lb sks washed Russets U.S. No 1 un less otherwise stated: Size A Wash. 2.40; Oregon 2.65-3.00; few higher; bakers 2.75-2.85 ; 6 14 oz 2.60-2.85; sized 2 nz spread 3.50-4.00; U.S. No 2' bakers 2.25-2.35. Groins CHICAGO (UPD-Grain range ' High Low Close Wheat Dec 2.15 2.11 2.14. Mar 2.16 2.13 2.15- May 2.12 2 09 2.12-2.12 Jul 1.76 1.74 1.75-1.76 Sep 1.78 1.76 1.77 Oats Dec .71 .70 .71 Mar .74 .73 .73 May .74 .73 ,74-.73 Jul .67 .67 .67 . Rye Dec 1.60 1.57 1.58-1.58 Mar 1.62 1.59 1.60 May 1.61 1.58 1.59 Jul 1.51 1.48 1.50 Nurses To Hold Area Institute The Association of Operating Room Nurses of Superior Cali fornia has Invited nurses from seven other states to attend its regional institute in Sacramento on Nov. 22-23 at the Caravan Inn. Tlie general chairman is Dona Brulon of the American River Hospital in Carmichael, with Toodie Noxon of (lie Twin Lakes Hospital in Folsom as chairman of registration. Invitations to attend tlx- first assembly of its kind In Sacra mento have been extended to Southern Oregon, Nevada, Wyo ming, Utah, Idaho, Arizona and Colorado. TODAY'S POTATO MARKET " KLAMATH BASIV CENTRAL OKKC.ON III.MHI J)EIANB Fair I Moderate Slow MAKKET istrady 6 to 14 at. " I Steady F.6.B. PRirES PKR nvT. j I I US1A t In or 4 oi mln Z.I5-Z.M j iTo-jTlS i 1. 1 tvjTtJ-" ( J.5M.80 i 1.40-2.50 j J.50-2.7S ' baled 10 lb kt i Z.SOM j t.JjXsb i HoTsO lsJ LSsTlTS j L40-L5O LJfcl.M m. min PRICF. TO CRWR BULK CWT. tsl L6oTiT75 i f.wTa xrRepwV vs .75. .90 .65 No Report KLAMATH BASIN CARLQT SHIPMENTS I RAIL TRUCK TTL TO DATK TTL A YEAR AOO Jt'RKGON J 1 16 a I 418 CALlVoRNIA t It 71 4M " ii Session Here To Sfudy Marketing And Grading George Moose, assistant chief of the plant division, Oregon Department of Agriculture, is chairman of the western states standardization meeting that will be held in Klamath Falls Thursday, Nov. 7. The meeting, which will be at tended by representatives from the western states and British Columbia, is for the purpose of discussing fresh produce Fire Razes Old Building A vacant packing house on Polly Drive was severely dam aged by fire Wednesday after noon. The plant' is the former Su per Packing House and is pres ently owned by the St. Pius X Church, which reportedly is in tending to tear the building down. Three Suburban Fire Depart ment trucks were called to the packing house at 1:07 p.m. Firemen said the flames start ed in a 20 x 20-foot shed and after destroying it, spread to a stock chute and the cast wing of the main building. Both t h e chute and the wing were "ex tensively damaged." No monetary loss was listed because the building is doomed to be torn dow n. Hearing Deferred The date for the public hear ing on the proposed widening and paving of Homcdale Road from Shasta Way to a point 260 feet north of the south line of Lot 54, Fair Acres Subdivision, has been deferred from tomor row to Wednesday, Nov. 27, the Klamath County Court an nounced today. The court reported that the matter had been continued to allow the commissioners more time to study the proposal. At the first reading of the propos al Wednesday, five property owners appeared before the court to comment on the street improvement work. Plea Entered For Unsworth Bill Unsworth, charged with second-degree murder in Die shooting of a farm worker last April, stood mule in Circuit Court today and Judge Donald A. W. Piper entered a plea of not guilty for him. Piper continued the setting of a trial dale indicating it proba bly would be Nov. 18. Unsworth was re-indicted by Die Grand Jury after a technicality ren dered the original indictment in valid. In other action, Dclmar Lloyd Nash was sentenced to the state prison for a term of not more than two years after pleading guilty to a charge of forging a bank check. Vacation Ends For Assessor County Assessor Clyde "Hap" Caldwell was back at his desk today after completing a three week vacation during which he and his wife, Dorothy, visited their daughter, Rosalie, at Pennsylvania Slate University and attended the annual con vention of the International As sociation of Assessing Officers at Chicago. Oct. 21 through 25. Miss Caldwell is doing grad uate work in the field of child psychology. Tlic assessor and his wife were called cast Oct. 7 due to a death in tlie family. They lat er visited their daughter and went on to the convention. Funerals KIN04LL Funeral lervlcet tor Frank Laurence Kenrtall will take rjlaca Irom trie crtao I of Ward'i Klamalh Funeral Home on Saturday. Nov. 2. teas. II 1 pm. Vault Inltrmant In Ktamattt Memorial Park grade standards and marketing order regulations. Among the subjects covered will be processing grades for potatoes; the new U.S. apple grades: watercore in apples, the color of apples, and tests lor determining maturity of ap ples; minimum color for prunes and internal discoloration of prunes; inspection transferees between states; Oregon grade changes; marketing order regu lations between states; labeling and marketing regulations. The department will also be represented at the nursery and quarantine meeting, set for Wednesday of that week at Klamath Falls. Jury Panel Selected A jury was selected to sit in judgment of Cecil D. Rachal, charged with concealing stolen property, about 11 a.m. Thurs day, as the trial of the 48-year-old Boring, Ore., man opened in the circuit court of Judge Jeff D. Dorroh Jr. Judge Dorroh has been named to preside on the circuit court bench for Judge David R. Van denberg who is absent due to illness. Selection of a jury started at 10 a.m. Thursday and conclud ed a little more than an hour later, after which attorneys for the defendant and the state pre sented their opening stale ments. Rachal was arrested by city police last Aug. 19 after he attempted to sell a transistor radio which had been stolen from the Western Auto Supply, Eleventh and Main Street. Ra chal appeared at the Schulze Tire Service, Main and Spring streets, and offered the radio for sale. An employe of the es tablishment contacted the auto supply store and learned that the radio had been stolen. Ra chal then fled from the store and disposed of the stolen prop erty in a nearby alley. The stolen merchandise was recovered soon after and Rachal was later located by police and arrested. Weather Temperatures during the 24 hours ending at 4 a.m. iPDT to day. High Low I'qt Astoria IK) 44 .22 Baker 55 19 Stockmen Pick Dallas LAKEVIEW-Clarcnce Dallas was named president of the Lake County Stockgrowers As sociation at the annual meeting held Tuesday in Lakevicw. Out going president is Glen Harvey of Summer Lake. Other officers named were George Carlon, first vice pres ident, and Ben Vernon, second vice president. Reelected to tlieir positions were Oris Hudd, secretary, and Verne Colvin, treasurer. There were about 75 present at the evening dinner at Hunt ers Lodge. Principal speaker was LeRoy Rogers. OSU live stock economist, who gave ad vice on handling of estates in tlte topic, "You Can't Take It With You." Members of the Lake County Cow Belles met during a lunch con at the Indian Village and elected Edyth Withers presi dent to succeed Virginia Ver non. Virginia Chambers was named vice president and Be atrice Harvey, secretary-treasurer. Special guest w as VI Goul den of Klamath Falls, state president. Obituaries WILSON Dtnnli let D. Wilson. IT. dlarl In Portland, Ort., Oct. 3. 1J. Survl vort: Parenti, Mr. and Mrs. Donald Wllion, brothers, Larry, Sttvt. Robin and Brian, and slsttrt. Linda. Brtttda, Sherry and Tammle. all ot this city. Funeral services Witt be announced by Ward s Klamath Funeral Hnme State Police Investigate Two Thefts A thief entered the bain of Clyde V. Johnson. Rle. 1, Box 553, sometime since Sunday and fled with a saddle and other riding equipment valued at $195, Oregon State Police re ported Thursday. Missing is a tan hand-tooled Allen saddle, white leather bri dle, and a gray horse blanket with black and red stripes. The Johnson residence is located near the south end of Home dale Road. Police are also seeking the thief who stole a battery and set of hub caps from a car parked near the Lakevicw Junc tion Tuesday night and then committed vandalism to the ve hicle. The, owner of the car, Ken neth Mills of Chiloquin, told police that the vandal broke the windshield and two side win dows on the car and then dam aged the inside of the vehicle. Mills did not estimate h i s loss as a result of the damage. Police are continuing to inves tigate both cases. Play Opens On Nov. 22 The Klamath Civic Theatre's production of "Blithe Spirit," a three-act farce by Noel Coward, will go on stage beginning Fri day evening, Nov. 22, at the Willard Hotel, with other eve ning performances slated for Nov. 23, 29 and 3o) Bill Hager man, director, announced. A matinee is slated for Sunday, Nov. 24. Reservations may be made by contacting any member of the group, headed by Tom Mann, Laurie Woolschlagcr, Shirley Smith and Judy Stearn. The play portrays the trials and tribulations of an Ameri can novelist in England who suddenly finds himself living not only with his second wife but also with the ghost of his first wife. Roundup Brookings 6a Medford 58 29 Newport 58 44 .04 North Bend 58 40 .19 Pendleton 53 36 Portland 54 35 .32 Redmond 52 22 Salem 56 37 .31 The Dalles 5S .34 .01 Chicago 58 52 Los Angeles '72 57 New York 50 42 Phoenix 86 67 San Francisco 65 54 Washington 57 40 Northern California: Mostly fair through Friday. Portland - Vancouver: Over cast tonight with occasional rain Friday; highs 52-57; low tonight 40-45. Western Oregon: Occasional rain on coast tonight, spread ing over interior by Friday; lughs 54-60; low 36-48. Eastern Oregon: Fair tonight, increasing clouds Thursday with some chance of a little rain; highs 52-62; low 22-32. Tatoosh to Blanco: Winds off Washington coast southeast 13 22 increasing to 32-42 late to day, becoming south to south west tonight and west 22-32 late Friday; off Oregon coast varia ble winds becoming southwest 3O-40 by tonight and west 16-28 late Friday; occasional rain. 7U Innocent Reporter Finds War Is For The Birds By DAN WALTERS Splaaat! The air was filled with sounds of battle as the ene my bombers dove on my posi tion. They hurtled one missile and then another and another. Splaaat . . . splaaat . . . splaat. . Three direct hits. I arose from my position and raised my fist to the air. . "You damn birds," I yelled at the retreating figures. "Come back and fight like a man." But they slipped out of sight. I viewed my car anxiously. And I saw the results of a perfect dive-bomb attack three white splotches. It was time for the annual War of the Seagulls. These mangy creatures annu ally migrate from their salt wa ter habitats to the peaceful Klamath Basin to feed and here they wage a war on the innocent residents of the area. This year they have come in their usual profusion, drawn by the small fish and other marine life left high and dry with the emptying of the canals. But back to our war. I cleaned up the ravages of battle quickly, to avoid perma- Officers Visit WWI Barracks , Mrs. Agdaline Saye, District 10 president, and Earl Saye, dis trict commander, visited offici ally at a meeting of World War I Barracks and Auxiliary in the K.C. Hall Oct. 24. Four new members were ob ligated. A musical program and refreshments followed the meet ing. The next regular meeting of the two organizations will be Nov. 14 instead of Nov. 28 due to Thanksgiving falling on the regular date. Kingsley Drive Hits $4,605 Maj. Curtiss H. Gruye, proj ect officer for the United Fund, reported today that $4,605.78 of a $7,000 goal has been collected at Kingsley Field. The amount represents 66 per cent of King sley's total goal. The United Fund campaign concludes at the airfield with a Mardi Gras at the aircraft maintenance hangar, Friday, Nov. 1. BEAUTIFUL GLASSFYRE k FRENCH FOLDING DOORS DUAL DRAFT CONTROL TARNISH PROOF FINISH FREE INSTALLATION nent damage to my auto's fin ish. As I was scrubbing madly, I heard a buzzing sound. At first I ignored it, but it became louder and louder. I looked to the cloudless sky. I saw a dot in the heavens get ting closer and closer. No, no, not another one. Here he comes. Splaaat. I went into the house to get a washrag for my face. And to cry. Car Bangs Into Cattle NEW PfNE CREEK An au tomobile driven by Mclvin F. iBandle of Lakeview ran head on into a small group of cattle on Highway 395, three miles south of the Oregon - California state line, around 6 p.m. on Oct. 29. Bandle was reported shak en but uninjured. Ray Cloud of New pine Creek discovered the accident and re ported it to the California State Police, who conducted the in vestigation. Bandle's vehicle turned "over several times after striking one or more of the animals and landed sideways in the middle of the highway. The car was demolished. Fire Report (10 a.m. Wednesday to 10 a.m.Thursday) Klamath Falls Fire Department - 5:36 p.m. Wednesday 1543 Worden, flooded oil stove, no damage, home occupied by Leane Rose. FBI And Police Nab KF Man A Federal Bureau of Investi gation agent and city police Wednesday arrested a Klamath Falls man on a federal warrant charging him with interstate flight to avoid prosecution of Jiad check charges in Denver, Colo. Leonard Hugh Haney, 36, was arrested at his home at 2829 Corvallis and lodged at County jail pending futher proceedings. Defendant Takes Stand In Murder Trial Here John Wesley Dean, accused of murdering his brother last July, took the stand on his own behalf today and told jurors that he didn't remember the in cident because he was intoxi cated. Dean was the first witness for the defense after the prosecu tion - concluded its case. This morning. the prosecution's main witness, Angus Newton, testified that he saw the Dean brothers scuffling outside a Fifth Street house and that Ha gan Dean fell to the street aft er the fight. Dean is accused of second degree murder. Hagan died five days after the fight of a knife wound in his lower neck. John Dean said he had been afraid of his brother, who, he said, had beaten him on sever al occasions. The defense contends John Dean struck his brother in self defense. Dean said he had been drink ing throughout that day, July 8, and had gone shopping with his brother. He said he remem bered Hagan beginning to take a shower in the house at 5044 Fifth Street, and "That's the last thing I remember until I was in the police station." Newton, however, who lives across Plum Street from that house said he was awakened by the shouts of a man in the street. He said the man was shouting to the Dean house and then wandered away. Later, Newton said, he was again dis turbed by shouting and looked out to see the man again "hoi lering." He said a larger man, whom he identified as John Dean, came out of the house and the men pushed at each other for a while. He said he could not hear what was being said. Finally, he said, John Dean turned away and walked bck in the house and the other man, Hagan Dean, staggered around and fell down. Newton told the jury of nine women and three men that he could see blood on the man's shirt so he called po lice. Wednesday, the prosecution called Mrs. Julia Bliss, who Sponsor Feed NEW PINE CREEK - The Eastside Grange will sponsor a "hot duck and goose feed" at the grange hall on Saturday pre ceding the meeting. Serving will begin at 6:30 p.m. when you think of a Christmas watch BULOVA 23-JEWEL "LA PETITE" Set with two diamonds. Has r Q pr shock-resistant movement, L J O J gold color case & dainty cord. SJ FIRST PAYMENT STARTS JANUARY 1964.. .5.00 MONTH "YANKEE CLIPPER' I" Ml ' "GOOOESS OF TIME" tjj 17-JEWEL "YANKEE CUPPER" "GODDESS OF TIME" SELF WINDING- WATERPROOF CRAFTED WITH LOVING CARE Shock resistant. Unbreakable With unbreakable mainspring, mainspring, sweep -second classic oval case. Features hand, anti-magntic with gold gracefully designed matching color case and b'acelet. jaqc matching band. Oy 49 JN MONTH JtUtS jANUMT 1W4 5 00 MONTH TT$ JlNuxr IH4 r cait, cryttal and crown art intact i atxnit WiiHieH'i limit "aVoa-n, welnt. Minn-it" ane rear Match Mi'ftia. also lived in the Fifth Street house. She said the two broth ers had been arguing before Ha gan left the house, then re turned at two different times in the street yelling. She said that after John Dean returned to the house after the scuffle, he placed a case knife in his dresser drawer. A state police lab technician identified that knife as having been cov ered with blood and having threads apparently from Ha gan's shirt. v A pathologist testified that Ha gan died .five days after the scuffle when two blood vessels that had been nicked by the knife collapsed as Hagan's blood pressure rose. The blood pres sure rose as Hagan improved from his wound, which at first had not been thought to be se rious. The collapse of the ves sels produced massive hemor rhaging which was the actual cause of death. The defense case was expect ed to continue this afternoon. Photo Try Results In Crash MOUNT SHASTA Desire on the part of Ronald E. Allen of El Cerrito, Calif., to get a pic ture of Mount Shasta brought about an accident involving two other vehicles on State Highway 89 Monday. It also brought about a cita tion from the California High way Patrol for the El Cerrito photographer and a logging truck driver, M. D. Acord of Mount Shasta. The incident occurred at 10:30 a.m. when Allen stopped on the highway to take a picture of the mountain. Herbert H. Bohse of Redding was following close ly, and seeing trucks approach ing in the left lane passed the parked car on the right side to avoid a collision. Trucker Acord was close be hind Bohse, and when he saw the oncoming trucks accelerat ed to pass the Allen car on the correct left side. Acord made the pass, but hit Bohse as he came back on the highway from the right. Tlie Bohse automobile was knocked down a six-foot bank and the driver sustained minor injuries. think of WEISFIELD'S and BULOVA MORE STYLES TO CHOOSE FROM MORE QUALITY FOR YOUR MONEY IZUAVJAAilIlJl.TiyrkTrJJ.I. IIJjMJJU-M . J iuiiu yv IV IIVW f.W l-Bl -1 r 1. . T m m ni SFIELD'S 528 Main Ph. TU 4-5662 i' Whitehall 13 93 15.00 WEI
