Herald and news. (Klamath Falls, Or.) 1942-current, November 06, 1963, Image 4

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Herald and news., November 06, 1963, Page 4, Image 4

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Newspaper Page TextPAGE 4A HERALD AND NEWS, MARKETS and FINANCE Stocks 1 NEW YORK STOCKS By United Press International Allied Chemical 52'.. Alum Co Am 65 ' American Air Lines 29's American Can 4Hi .American Motors iOl't ; AT&T 131 '.i American Tobacco 2H Anaconda Copper 48'i Armco 63H American Standard W3 Bendix Corp 48'i Bethlehem Steel 30s. xd Boeing Air 35',i Brunswick illi CaterpBlar Corp W Chrysler Corp 88v4 Coca Cola 103 C.B.S. 76'. Columbia Gas 2H Crown Zellerbach 92'i Crucible Steel 22'i Curtdss Writfit 18 ,Dow Chemical BBi Du Pont 252V4 Eastman Kodak J 13 Firestone 3tHi :-Ford S1V4 General Dynamics 23 .General Electric 8U4 General Foods 811 General motors 84 'i Gen'l Portland Cement 21 Georgia Pacific 52'k Gt Nor Ry 52?i Greyhound 45 Gulf Oil 48?i Homestake 46Ti Idaho Power 34' I.B.M. 430 Int Paper 334 Jolins Alanville 48' Kennecolt Copper 74 Lockheed Aircraft 3B',i Merck 103li Montana Power 37 Montgomery Ward 35 Nal'l iBisouil 56',. New York Central 2(W Northern Natural Cas 50 Northern Pacific 46 Pac Gas Elec 31 Penney J.C. 44 Penn Ml 20 Permanento Cement 15V Procter Gamble 79 Radio Corp 88'4 Richfield Oil 435i Safeway MU Sears MM Shell Oil 44V, Socony Mobil Oil fia'k Southern Co 52 Southern Pacific 33? Spcrry Rand 17i Standard California 62'j xd Standard N. J. 70 xd Stokely Van Camp . 22fc Sun Mines 10'i Texas Co M Texas Gulf, Sulfur 16'd Tex Pac Land Trust 25 Trans America 51 Trans World Air : 23 Trl Continental 4S Union Carbide 111 '.4 Union Pacific 40 United Aircraft 42 Vi United Air Lines 36'i U.S. Plywood 60 U.S. Rubber 4714 U.S. Steel 54 United Utilities' 40 West Bank Corp 42',i Weslinghouse 35 xd Youngstown 124'4 LOCAL SECURITIES Bank America 64 67 Boise Cascade ' 31 '4 33'4 Cal Pac 'Util 24 26' 4 Con Freight 10U Cyprus Mines 21 23 Equitable Ski. ffl'.i 91 '4 1st Nal'l iBank 72'i 76 Jailtzon 24 211 U Morrison Knud 2fl 31 '4 Mult Kennels 3'b 4'a N.W. Natural Gas 33' 33 Oregon Mclul 1 1 PP4L 26' 27 PGE 24'4 26 U.S. Nal'l Bank 88' 4 SO Tektronix 22 2.1'j West Coast Tol 2J' 24 Weyerhaeuser 31 33 Potatoes PORTLAND (UPlt Potato market about steady: ion lb. sks washed Hussets U.S. No 1 unless otherwise stated: Oregun 2.750.(10; few higher: bakers 2.75-3.00 ; 6-14 (n 2.70-2 .!,'; some 2.25; sired 2 oi. spread 3.50 3.75; U.S. No 2 bakers 200 2.2.5. Obituaries LAVBNIK Frances l.vnih, 10. fl'WJ Nov. . 11. She v.ii the mother aI the l.tt Michel Ltftnlk. Funeral services will be held Nov. I et e. JO am. In Sierra He-art Church Recitation of the Moiv Rotary will he at e p m , Thurtaar, Nov. 7. n OMalr'i Memorial Chl.l Inltrmant will bo In Wl. Calvary Cern-tltry. JIKMANIt Improved M ml r rule Moderate JMARKET About SlTvriy Steady " Steady "f.o.b! riiu K.s rcR'rwT. j I SIA 2 In or 4 oi mln !.50 j 2.1J.J 4I) 2.03-J.?J '2.70-2.75 2.4II-2.60 j 2.65-2.90 baled 10 lh k i.SO-iM 2.45-1.60 S.IM.2o" I'M j 1.60-L75 1.40-1.50 1.20-1.35 " PRICK TO C.RWR BULK C'WT. "l'S2 KLAMATH BASIN CARLOT SHIPMENTS RAH, OREGON CALIFORNIA j Weddehdav, November 6, 1983 Klamath Fallt, Ore. WALL STREET NEW YORK (UPD-The stock market turned in a topsy-turvy performance today in reaction to tire Federal Reserve Board's boost of tlie margin require ment. Prices were down sharply at tlie outset, up from their lows at noon but back down again at the close. Trading remained ltcavy throughout the day. Word that tlie board had boosted the margin requirement from 50 to 70 per cent came Tuesday while Wall Street was recessed for election day. The Increase means that in-, vestors may now borrow only 30 per cent of the total amount they need to buy a stock. There were many guesses as to what tlie market would do. However, it became apparent at tlie olose today that, at least for the time being, .Wall Street was taking a dim view of the move. Wall Street Chatter NEW YORK (UP1)' Shear son, Hammill k Co. says that "while longer term prospects for the stock market continue to bo quite favorable, we be lieve that a somewhat greater degree of caution is justified for Hie time being." "The market may be vulner able to some correction in the foreseeable future," it adds, "and it would be prudent for those accounts who are fully invested in equities and heavily margined to increase their li quidity by selling some of the more doubtful issues in their portfolios." Thomson & McKinnon says that "everybody is entitled to rest after a sharp climb and the stock market Is no exception. Livestock KLAMATH FALLS Livestock Auction Market Nov. 5 Receipts: All Cattle 347 in cluding calves 42; Hogs 24; Sheep 51. Last week: CalUe, 500; Calves 120; Hogs 5; Slieep 27. Compared last Tuesday, Mar. ket about steady with active bidding. Slaughter Cattle: Cows: Std., 16.10-17.20; Cmcl.-Util., 12.70 15.90; Cutters, 10.60 13; Can ners, 8.80-11. Bulls: Util. k Cmcl., 16.10 18.90. Slacker k Feeders: Steers: Good Choice, 600 - 701) lbs., 20.10 . 23.30; Com.-Med., 17.10 2150; Holslcin, 16.10-i7.nU Heifers: Good . Choice, 470 750 lbs.. 18 - 21.60; Com.-Med., 15.40-18.25. Steer Calves: Good - Choice, 325-405 His., 23.90-26. Heifer Calves: Good Choice, 350 . 460 lhs., 21.90-23.20. Cows: JUed.-Good, 137-177.50 per head: Mcd.-Good, pairs, J62.50-212.50. Baby Calves: Beef, 39 p e r head. Hogs: U.S. 1 k 2 Barrows k Gilts, 16-16.80; Sows, 9. Sheep: Slaughter lambs, Good, 15.25-15.75; Feeder lambs, Good-Choice, 14.25-15.10; Oth ers, Slaughter ewes, 3.60 4.10. Reported by F. A. Skinner, county extension agent. PORTLAND (UPI)-(USDA) Livestock: Cattle 150. Couple Holslcin slaughter cows utility 12.50-13; occasional canner 7.50: few me dium feeder steers 880-940 H 16 16.50; few medium aged stock cows 10-11.50. Calves 50. Few cull-utility 245 315 lb slaughter 14-15; few medium-good 340-460 lb feeder sleers calves 18-19; few common-medium 15-16; occasional good 3!K) lb heifers 18. Hogs 50. 90 head 1-2 grade 225 lb barrows and gilts 16 50 on or ilered in basis; sows 360-380 lb 13-13.50; 1-2 grade heavier II 11.50. Sheep loo. No early sales. Grains CHICAGO U'Pli -Grain range. High Low Clow Wheal Hoc 2 15 2 III', 2.15-3.15 Mar 2.16 2 14 2 15. May 2 12 2 10 2 11 Jul 1.74 1.72 1.74-1.73 Sep 1.76 a 74 1 73 TODAY'S POTATO MARKET KLAMATH BASIN I CKNTRAI, ORKt.ON ! 1.60-1.75 70- .85 TRUCK TTI. TO lATK j TTL A YEAR AGO 14 7I' I 477 10 f M4 467 Semi-Truck Smacked By Train, No One Hurt A Great Northern Railroad freight Irain nicked the rear of a truck and trailer rig as it passed through a railroad crossing near Malin about 11 V MRS. FRANCES LAVENIK Klamath's Oldest Citizen Dies Mrs. Frances Lavcnik, Klamath County's oldest citizen, died Wednesday, Nov. 6, at the home of a granddaughter, Mrs. W. C. (Ann) Federhart, 2210 Oregon Avenue. Mrs. Lavenik was 105 years, two months and (our days of ago and had outlived all her family except her 19 grandchil dren and llieir descendants. She was born Sept. 2, 1858, in Posen, Poland, came to America from that country in 1891, and to Klamath Falls in 1904. She was the mother of six children. Her husband, Frank Lavcnik, died in 1948. Mrs. Lavcnik remained active until recently. She was a mem ber of Sacred Heart Catholic Church. Funeral services will be held at 9:30 a.m. Friday, Nov. 8, from Sacred Heart Church. The Rosary will be recited at 8 p.m. Thursday, Nov. 7, in O'Hair's Memorial Chapel. Final rites and interment will be in Ml. Calvary Cemetery. Grandchildren living in I h e West arc Sister M. Felicia, Ta coma; Mrs. Harriett Skoog, Sa lem; Mrs. Lucille Goheen, North Bend; .Mrs. Audrey Molatoro, Mrs. Barbara Conlin, Mrs. Ann 'Federhart, Mrs. Agnes Baldwin, A. C. Lavenik, Ed A. .lavoros ki, all of Klamath Falls. Also surviving are 49 great-grandchildren and two great great grandchildren. Tree Meet Scheduled The Klamalh Forest Protec tive Association and the U.S. Forest Service will sponsw an other of their annual meetings on Christmas Tree Patrol, 9 a.m., Tuesday, Nov. 12, at KFPA headquarters, according to George Wardcll, supervisor of KFPA. The purpose of the meeting is to take another look at tlie landowner's problems involved in Christinas tree harvesting and to bring tlie patrol pro gram up to date for the cur rent cutting period. Managers or owners of forest land arc urged to attend and participate in the meeting. Lee Re-elected In Salt Lake SALT LAKE CITY llTl' -Veteran Campaigner J. Bracken lice, a conservative who opposes the income tax and tho Hinted Nations, was picked two-to-one by Salt Lake City voters Tues day lor his second four-year term as major. Uv. now in bis third decade as a political candidate, swept to victory with a tally of 32.989 votes over slate legislator Shel don Brewster's 17,438. IDAHO I.M-I.W 1.50-1.65 .4n-60 ..U-.M i if m 4 $ i l' , ' V a.m., Tuesday, and scattered tlie trailer's contents of ship ments of candy, cookies and newsprint along the tracks, Oregon Slate Police reported Wednesday. Francis Michael Bennett, 43, of 2731 Bisbce Street, told po lice that he was driving the Consolidated Freightways unit in the direction of Klamath Falls and failed to observe the freight train because his vision was blocked by a potato cellar near the highway. Meanwhile, a southbound Great Northern Railroad freight approached the crossing and its engineer, Cur tis Walter Cramer, 52, of 2542 Wantland Avenue, was unable to stop the locomotive before it struck the trailer. The impact of the collision knocked the rear wheels off of the trailer and flung a ship ment of newsprint for the Tule lake newspaper onto the road and tracks. Despite the jarring effect at Hie crash, Bennett, uninjured in the accident, was able to keep the highway tractor upright and on the road. A spokesman for the trucking firm estimated the value of the trailer at nearly $7,000. Time Shift Alters Mail The return to daylight time has brought some changes in air mail schedules in Klamath Falls. For northbound ' air mail, mailing discs at the Klamath Falls airport at 8:30 a.m., 2:30 p.m. and 6 p.m. each day for the three flights north. .Mail deposited after those three hours at the post office will have lo await the nexl flight. For southbound air mail, the pouch is closed at 10 a.m. and 9 p.m. each day for those two flights and mail deposited after those hours will await the next flight. From Lakeview, there is one southbound flight daily at 11:28 a.m. There is no northbound dispatch from Lakeview and and air mail lo the north from tJial city is transported overland to the nearest northbound air mail plane. Local Man Wins Post PORTLAND UPH-A Cana dian logging executive today was named president of the Pa cific Logguig Congress at its 54th meeting. Don McColl, vice president of The Tahsis Company ,v Ltd. Van couver, B.C., was named to succeed Robert P. Conklin of Lake Oswego, Ore., and U. S. Plywood Corp., to Hie presiden cy of the organization. Other officers include Robert Kennedy, partner hi Bly lag ging Co., Klamath Falls, Ore., vice president; Carwin Woolley, Portland, rc-elcetcd execu tive vice president, and Robert F. iDwyer, Portland, re-elected treasurer. Next year's meeting will be held in Vancouver, B. C. Business sessions of the three day conference started today. Conklin told tlie opening ses sion that "Tlie most indefensible waste in our economy today is tlie death each of so many 'successful' small and medium sized kigging and sawmill op erations." Overseas Mail Reminder Klamath Falls Postmaster Civet Langslet today urged lo cal residents to mail overseas Christinas packages as soon as possible to insure their ar rival before Uic holiday. He sakl the pivsl oflice has re ceived a small amount of over seas mail and urged those plan ning to send packages overseas for Christmas 1" mail I h e m immediately. For Sale or Lease Completely A u Com o ted Potato Processing Plant Thit plant locottd in Phoenix, Arttono it currently practising 1 ,000 tacki of potatoes per month, capacity and pottntial easily three times this amount. Three truck routes cover met ropolitan Phoenix, selling raw and oil blanched trench fries, whole peeled and hath brown potatoes and bakers to restau rant and institutional trade. Averaging $7.00 tor each tack at No. 2 potatoes processed. This it a wonderful outlet tor an individual potato grower. A grower with plenty of sur plus potatoes would not re quire any cash ta swing thu deal. Experienced operating personnel and management available if desired. Telephone hoemx. 9471165 after 4 00 P.M. or oil day Sunday. TRAILER NICKED BY TRAIN A Great Northern Railroad locomotive struck the rear of a trailer (abovel and highway tractor near Malin about 1 1 a.m., Tuosday, spewing the contents of the trailer along the railroad tracks. A spokesman for Consolidated Freightways, owner of the diesel unit, estimated the value of the trailer at $7,000 and said it was a total loss. Francis Michael Bsnnett, operator of the truck, was not injured. Two Trains Hit Head On QUINCY, Wash. (UPI)-Two Great Northern freight trains collided head-on here today and two men were killed and two others were injured. Great Northern officials said a 16-car local freight did not go into a siding as it was supposed to, and proceeded down the mainline where it struck a 144 car through freight. Killed were the engineer and fireman of the local. They were identified as Nick Winder, Spokane, and Hay iBarnhardt, East Wenatchee, en gineer and fireman, respective- Injured w e r c Hie engineer of the through freight, John Bergman, and the fireman, Rob ert Griffin, both of Spokane. GN officials said Bergman suffered head injuries and was in serious condition at tlie Quin cy Hospital. Griffin suffered foot injuries and appeared to be in satisfactory condition, attend ants said. Four cars on the local, known as the Alcoa Local because it hauls supplies to the Aluminum Co. of America plant at Wenat chee, were derailed and the lo comotive was damaged exten sively. Four diesel units on the larger freight were derailed. RUGGED GROUP I HOLLYWOOD (UPH -Rugged character aclor Mike Ma zurki plays a U.S. cavalry ser geant in "Cheyenne Autumn" with Spencer Tracy. James Stewart and Richard Widmark. Department Of Forestry Plans Services Cutback SALEM Services provided by the State of Oregon Department of Forestry will be curtailed to a considerable extent as a result of voter-rejection of the 19S3 legislature's tax program, Dwight L. IPhipps, state forest er, has announced, referring to the post-election executive or der which reduced general fund allotments $23B.4!). The forester said 27 positions will be affected by the depart ment action which followed. Recently the budget committee of the State Hoard of Forestry reluctantly approved fire neces sary action by the department, he said. Hardest hit were the forest inspection and farm forestry services, he said Tlie former lost nine positions nut of a to tal force of 34. while tlie latter lost four out of nine jobs. He indicated that people from high level d o w n through the ranks ABSOLUTE NO LIMI i- NO RESERVE PUBLIC AUCTION SAWMILL, BOILERS, FORKLIFTS, FIRE PUMPS VoiWarr Sal bf 0'tfr srti l 0ctri ELUNGSON TIMBER CO. $170,000.00 Evaluation nov. 21 404 SO. 4th ST., KLAMATH FALLS, OREGON I i&ooa.u. PARTIAL SAWMILL MUMtNERT - Filtr M Stopu Cr(.j. Rcfrimt 3 Bin, t';tnt utviit'C ttw P imoM ft. dM cut .C 3QQ HP. ("; Klamilh S iM fd(f 0 I woni -i0 tir Mlw prujeott 7 M 'P" M 19 N.t 1M H . l'il; Trtmm jo it untie r.,j ml 25 HP. mtf : K Summer 4 w'100 H P. mtr 40 traniltr aU. k ' ,fivi ' rmt in mCtar M. motoa. HUM UUIP.I Arimlroil JTl H, brtf Utt r.!Mflttt, $lFttcMT oil!, tmr Of ti hifpinr, ft. iw I Kd ft( p irjrv lift COMPtttSSOKS! C P Htrr wM M P pitf CP Hon w'40 M P. tn(f. tKl PUMPS; .-ih,flttMI I CPftt. P,m 1V0 fi T M 1M H P. rWCttri Amine 10" pma 10O0 fi P.M. Mitl TO IM AfCtllS 0TICt FO toselPTlV WCHUU MILTON J. WERSHOW CO.. Auctioneers Tr .Wim Hnrt. ltd Same In The Am-tion t.rlJ 71) Unii am., lot knfln A. CalihmM . WC i ll tl INTMI NOHIHtST-JU0 S W. fiNh v, Portltni 1. Or. CAS 9151 New Book At Museum Covers Modoc Indians "Primitive Pragmatists," a new book relating to the eth nology of the ilodoc Indians, has been acquired by the Klam ath County Museum and may be read at the museum by peo ple interested in the subject, Mrs. Lloyd Scely, curator, said Wednesday. Copies of the book arc also on sale at the museum and will be available to the public while they la.it. The book contains 23b pages of text and diagrams and pre sents an ethnographic composite of the knowledge and experi ence of all the Modoc men and women who remembered t h e old life of their tribe. Based wholly uxjn original field research, it is a source book for anthropologists, soci ologists and students of the American Indian as well as good reading for those interest ed in the life of primitive peo ples. The author, Verne F. Ray, former president of the Ameri can Ethnological Society, is an authority on Indians of the in termontanc West and the Plat eau. He completed his book about the same time Dr. Leslie Spier authored a similar ethnog raphy on the Klamath Indians in Fire Report (III a.m. Tuesday to II) a.m. Wednesday) Klamath Falls Fire Department 3:05 p.m. Tuesday 2112 Home Avenue, fire in bedroom caused by clothes falling on electric healer, small damage, occupant Charles Root. were affected in the move, and all people involved have been notified. He explained that the duties of tlie inspectors of the protection division include fire prevention in woods operations and enforcement of laws de signed to renew and assure a continued yield of forest crops. Farm foresters give advice and assistance to small woodland owners in order to promote bet ter forest practices. Any further reduction in ap propriations will necessitate tlie cutting out of entire programs instead of their decrease as we have done thus far, he conclud ed. Thurtdjy INVENTORY furtdprmi!" woved; Amtr. MMh WNP, pump. I Oil HI: 2 P SM 0 72 I IS It.: 2 nil A wurtner 7?" t II It. Ail bo-KM A S M E, CoOi. PUNU M1TCHER WcMl UC l-t. Friction Otii'tt fl'tJO' wpintiftpit td tlMt, Miuldtr Vf3rifut 41-1" HI ttne; lltwtr iPed'ofd M" G f. direct connfet 100 H P. mtr. Wtif Mh ronufTs i cumins. .1 nr, i?w 4 1000? foU: C'1ififf oo Ciffttr 7 Host &6" Cnwt Hytf M Cirr.tr, MIIC. Bu(Mtti Srrinkltr tvttert. pew nwtduit 4 wirmt, tlKtrwll bona, foo tqurfviwrM 4 toci, mill I 5 M 1930. but it was not submitted for publication until recently, Mrs. Seely said. Copies of t h c ethnological work have been ordered by the Klamath County Library and will be placed on circulation when tliey are received at the library. Fireplace Specialties BEAUTIFUL GLASS FYRE THE WORLD'S FINEST GLASS FIREPLACE DOORS FRENCH FOLDING DOORS DUAL DRAFT CONTROL TARNISH PROOF FINISH FREE INSTALLATION 9.95 A HANDSOME SET IN BLACK & BRASS. STUR DY & PRACTICAL. BELLOWS FROM 8.95 A FINE SELECTION CHOOSE FROM. STEEL GRATES HEAVY DUTY 93" Weight 20! j lbs. Reg. 6.95 OK" w9rr 22 lb' W Reg. (.95 0" w'hf 23 1 1 lbs. Reg. 10 95 Yoman Charged With Gun Threat Against Ex-Husband A 33-year-old woman was be ing held today on suspicion of assault with a dangerous weap on after, police said, she pulled a pistol on her former husband and threatend him. Marjorie Ann Stephens Coles was being held in city jail pend ing possible formal action by the district attorney's office. Her address is 4355 Shasta Way. Her former husband. Clinton Croker Stephens, 38, told po lice early this morning that he was discussing the custody of their children with his former wife in front of a Fifth Street hotel, when she pulled a .25 calibre pistol from under her sweater and said: "I'll see you dead before you get cistody of the kids." Stephens said he walked away, got into his car and Thanksgiving Date Noted WASHINGTON (UPH-Presi-dent Kennedy issued a procla mation Tuesday officially desig nating Thursday, Nov. 28. as Thanksgiving Day. Tlie President urged all Americans to take time out on that day to thank God for "manifold blessings" and re solve to share them with "our fellow human beings throughout the world." PORTABLE REG. 19.95 15.99 SIMILAR TO ILLUSTRA TION, BUT 4 TOOL SET INSTEAD OF 3. AN. TIQUE BRASS FINISH. 7.99 A REG. 9.95 SOLID BRASS WOOD BASKET IN AN EX CELLENT QUALITY. TO 4" 5" 6" All Black Brass ft Block All Brass "CASCADE" HEAVY WEIGHT CAST IRON GRATE 24 Weight 30 Reg. 16.50 Weight 33 Rtg. 1795 27 5 HARDWARE drove to police headquarters to report tlie incident. An officer later arrested the woman still in front of the hotel. He found the pistol on the dashboard of her car. USED TOOLS 4'i" grinder 11.95; 6" grind er 19.50; 130 H.P. motor 4.95; 13 h.p. motor 11.95; belt sonder 7.95; Sunbeam or bital sander 14.95; Skil 4" 26" belt lander 99.50; 6" Craftsman jointer 69.50; 6" Delta jointer 89.50; 12" Wal ker Turner lathe 59.50; 10" Craftsman saw with stand & 1 h.p. motor 129.50; 14" floor model drill press 39.50; 77 Skil saw 7'4" 59.50; 8'i" 825 Skilsaw 69.50; 7" Moll sow 19.95; 10" Miller Foils saw 69.50; 552 Skil saw with case 44.95; B&D -," drill 59.95; Ingersoll Rand im pact wrench 44.95; Delta Ten. noner 24.95; Vj" Skil drill 8.95; Vi" Skil drill 14.95; B&D Vi" drill 7.95; Vt h.p. Stanley router 27.50; Whii jig saw 11.95; B&D jig saw 16.50; Craftsman bench drill press 39.50; Delta 8" TT sow 19.95; 10" Wolker Turner fa ble saw 149.50; 8" Delta T.A. Table sow 129.50; Wal ker Turner radial saw, 3 h.p., 14". Bell's Hardware 528 Main FIRESCREEN io oo Special I 7.00 Reg. 24 95 Adiustable height 38" width. Your choice black or brass screen. m 12.95 REG. 14.95 A HEAVY, SMARTLY DESIGNED SET IN BLACK & BRASS. n FYRE KARTS 15" 17" 19" lbs. 14" 16" lbs.