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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Nov. 13, 1963)
PAGE 1A HERALD AND NEWS, MARKETS and FINANCE Stocks NEW YORK STOCKS ' By I'nited Press International Allied Chemical 54i Alum Co Am w' American Air Lines 31" - American Can 41H Ameican Oils 22 ''AT&T 134a American Tobacco 27 Anaconda Copper 47'4 Armco W American Standard 17 Bendix Corp 4a'.i Bethlchm Steel 30'i Boeing Air 36'. Brunswick 11 Chrysler Corp 9:i't Coca Cola 105 CBS. ,k;., r..Je nun Contintenal Can 42-H Crown Zellerbach 52i Crucible Steel 22'i Curtiss Wridit 19'i Dow Chemical W Du Pont 2jJ Eastman Kodak 1127. Firestone 37 Ford 51i General Dynamics 25 General Electric Mli General Foods 87H General Motors MM Gen'l Port Cement 22 Georgia Pacific 53'i Gt No Ry 54' - Greyliound 47 '.i ' Gulf Oil 45 Homcstake 46 ', Idaho Power 34'i IBM 4B'J'i Int Paper 34 Johns Manville -17 Kcnnecott Copper 76Ti Lockheed Aircraft 3'i (Martin 20 Merck 103 Montana Power 36-14 Montgomery Ward 34 Nat'l Biscuit 5t',i New York Central 2214 Nortliern Natural Gas 52'i Nortliern Pacific 47 Pac Gas Elec 31'i Penney J.C. 45 Penn BR 21 Permanente Cement ' 15 Phillips 48'i Prrvliir Gamhli 1W Radio Corp 98 Richfield Oil 43 Safeway 604 Sears 96 SheU Oil 44'i Socony Mobil Oil 63 Southern Co 53 Southern Pacific 34'i Sperry Rand 17' 4 Standard California fil Standard Indiana BO' 4 Standard N.J. 69'i Slokely Van Camp 23 Sun Alines I0' Texas Co. 6614 Texas Gulf Sulfur 18 Tv Ti I -r,A Tv.t 0.1.1'. Tliiokol 21 'i Trans America 51 Trans World Air 26'i Tri-Continental -tli- Union Carbide 114'4 Union Pacific 40 United Aircraft 4414 MUTUAL FUNDS Prices until 111 a.m. PDT today Hid Asked Affiliated Fund 8.11 8.77 Atomic Fund 4 .84 5.28 Blue Hidge 121)0 13.11 Bullock 13.35 14.63 Chemical Fund 12.42 13.58 Colonial Fund 11.31 12.36 Comw. Inv. 10.1.1 11.07 iliver Growth H.iHt 0.84 Dreyfus 18 51 20.12 E & II Slock 14.34 15.49 Fidelity Capital 9116 10.72 Fidelity Trend 16.89 18.36 Fundamental 10.23 11.21 F.I.F. 4.41 4.IB Group Sec Com 13.11 14.35 fir Sec Avia El 7.08 7.76 Hamilton 11 DA. 5.05 5.52 Incorp lnv. 7.25 7.92 Investors Group Intercontinental 6.2.1 (1.74 Mutual 11.4!) 1242 Stock 18 80 20.43 Selective 10.51 1124 Variable 7.16 7.74 Keystone S I 22.35 24.38 Keystone S-3 15 21 16.60 Keystone S-4 4.39 4.80 MIT. 15.37 16.80 JU T. Growth 853 11.32 Nat'l Inv. 16 04 17 34 Nafl Sec Div. 4 29 4 09 Nat'l Sec Growth 8.32 9 09 Nat'l Sec Stock 8 01 8.75 Putnam Fund 15.36 16.711 Putnam Growth 8 87 9 6!) Selected Amor 10 07 10.89 Shareholders 11.14 12.17 Sup Inv Ser 7.57 , 8 25 United Aceimi 15.12 16 52 United Canada 18.35 United Income 12 68 13 86 United Science 701 766 Value Lines 5 31 5 80 Wellington 14 80 16.13 Windsor 14 31 15.55 Whitehall 139U 1503 LOCAL SECl' Bank America Boise Cascade Cal Pac Ulil Con Freight Cypnis Alines Equitable S&l, 1st Nat'l Bunk Jantzen Morrison Knud Mult Kennels N.W. Natural Gas Orepon Metal PPfcL PGE U.S. Nat l Bank ; Tektronix .West Coast Tel KIT1KS 64 67 31 25' 4 9 22 .1(1 . 72 3.1' 4 27 9'4 24 32 75 27i 31'4 4 35 1'4 27'4 26'. 91 23 24 34'i 29' 4 33 l' 25-. 24'i 88 21 22'. 32 'Weyerhaeuser Wednthday, November 13, 1963 KUmith rails. Ore. WALL STREET NEW YORK IUPIi A floun dering stock market look a turn for (lie better late today and closed slightly higher. General Precision fell around 4 in the electronics on lower earnings and news that Magna vox has broken off negotiations to buy the company. Magnavox was up around a (Mint. Elsewhere in the electronics. Control Data, ftCA, Zenith and Beckman improved but Admiral and Fairchild Camera were off around a point or more. Wall Street Chatter NEW YORK IUPIi - "There is no sign of a letdown in busi ness and corporate earnings and the dividend outlook for the cur. rent quarter and early 1004 looks very good," say Kenneth Ward of Hayden, Stone & Co. "However," he adds, "al tltough dozens of individual stocks still indicate higlicr lev els, common sense dictates that the next week or two of action should be examined very care fully to determine if some of the prosperity being forecast and the benefits to be derived from the long delayed lax cut have not already been discount ed rather too generously." Colby & Co., Inc., says it be lieves that the current crop of corporate earnings are a strong er pull on stock prices than any thing else. However, it advises clients to remain cautious until they are sure that the market high hasn't already been reached. Bachc & Co. says that al though Die Dow-Jones industrial average is only a shade below Us all time high, new lows fre quently outnumber new highs. "However," Bache adds, "this is typical of the action to be expected in a prolonged consol idation phase." Livestock KLAMATH FALLS LIVESTOCK AUCTION MARKET Nov. 12, 19li3 Receipts: All Cattle 1653 incl. 600 calves. Hogs 2. Sheep 50. Compared last Tuesday de mand good ; calves over 450 lbs. and feeder heifers and steers .50-1.00 higher; calves under 450 steady to strong; slaughter cow and bulls, steady. Cows: 43 Sld.-Cmcl., 15.40; Utility, 12.70-15.00; Canncrs-Cut-tors 9 20-12.60. flulls: Utility k Cmcl., 17.no 18.90. Stockers & Feeders: Steers: Good-Choice 55HjO lbs., 21.30 22.28; Good-Choice 700-720 lbs., 20.80-21.60; Com.-iMcd. 500 800 Mis., 17.00-21.00. Heifers: Good-Choice 525-630 lbs., 19.20-21.90; Mcd.-Good 500 700 lbs., 17.35-19.00; Com. 500-650 Ins.. 15.00-17.00. Steer Calves: Good-Choice 300 475 lbs., 24 20-26.70; 480-540 lbs., 23.25-24.20; Med. 300-500 lbs., 20.MW3.00. Heifer Calves: Good-Choice, 300-450 lbs., 22 00-23.70: Good Choice 450-500 lbs., 21.80-22.50; Mcd.-Good, 350-450 lbs., 21.00 21.80. Cows: Good-choice pregnancy lest heifers, 162-169 per head, lled.-Good pregnancy lest cows, 135-175 per head. Com-Mcd. hied cows, 121-135 per head. Mcd. Good pairs 180-202 according In ago of cow and size of calf. Bulls: Feeders 13 (H) . 17.00; Feeder cows, Dim.-Mcil., 9.00 12.00; Mcd.-Good. 13.00-14.70. Slieep: Feeder Lambs, Good Choice. 60-70 lbs., shorn 14.00 14.40; Slaughter ewes 3.10. Kay O. Petersen, county ex tension agent. PORTLAND (Uri - lUSD.M Livestock: Cattle 200. Few canncr-cuttcr cows 8-10.50. Calves 75. Few good 240-300 lb slaughter calves 25-26; fowl ers few good-choice 4:i(M75 lb steers 22-24. Hogs 200. Harrows and gilts one lot 1 and mostly 2 at 250 lb 16; tiiim 2 grade 270 lb 15. Sheep 300. One lot choice 87 90 lh wooled 18; small lot high good - choice woolod ami fall shorn pelts 17.25. Grains CHICAGO (UPIi-Grain range High 1-ow Close Wheat IVc 2. 117'. 2 16'. 2 17 V". Mar 2.18-S 2.17' 2 lS- May 2 14. 2.14 2 14 Jul 1.75 174 1.75 Sep 1 77 1 TIP. 1 76 Oals Dee .70 .70 .70'. Mar .73'. .72'. .72'. May .73'. .72'. .711 Jul .(WS .674 .68 It) Dee I. S3 I 51 1 52 Mar 1.57 1 Vi'4 1.57 May I 58 I Sil'i 1 57 Jul 1 48 1 464 1 48 Potatoes POHTLAN'D (Urn - Potato market about steady: 100 h. sks washed Russets US. No 1 unless otherwise stated: Oregon 2 50-3 00; 6-14 oi. 2 70-2 93; sued 2 ea spread 3.75-4 00; V .S. No S bakers 2.15-2 40. Pair Charged In Grand Jury Two men have been charged with assault and battery with force likely to do great bodily KU Board Cleans Up Old Items Klamath Union High's board of directors held a cleanup ses sion Tuesday night, clearing out items left over from previ ous meetings. Directors received an audit report and took no action on an appointment to ihe budget committee. There was no nom ination to the vacant post and the matter will be taken care of at Ihe next meeting. Superintendent Ray Hunsak cr reported that about $28,000 in war production training equipment left at Klamath Un ion High School since World War II is now the property of the school district. lie said the equipment had been brought to Klamath Falls during the war to aid in train ing war production workers and at the end of Ihe war was turned over to the State De partment of Education. Under a recent law, such equipment passes into the possession of the local school districts. Ilunsakcr said most of the equipment has been used in school classes and much is now worn out and ob solete. Hunsaker also reported on three student body accounts and on results of a follow up study of the class of 1963 Directors approved a joint policy with the Klamath Falls elementary district on rental of school property to outside groups. Two To Attend Potato Session TULELAKE Two local men, Wesley St. Peter of Tulelakc, and William Dulton of Malin, will attend sessions of the West ern SUitcs Potato Marketing Committee in lX-nver, Nov. 16. St, Peter is chairman of the Oregon - California Marketing Committee and a member of the Tulclake Growers Associa tion. Dalton is a member of the Klamath County potato Grow ers Association. Also attending among many others will be Merrill Webb, committee chair man. A meeting of Ihe National Po tato Council will also le held in Denver, Nov. 18, 19, 20. YMCA To Host Kingsley Group Kingslcy Field airmen will bo the guests of Ihe YMCA Friday night at the regular Family Night polluck sup)er and rec reation session. The night begins at 6 30. Leon Clark, YMCA executive secre tary, said airmen are being in vited to acquaint them with the operations of the YMCA. Familes attending were urged to bring one hot dish plus salad or dessert, table service and beverages for children. Cof fee will be available. Those planning to attend were also asked to notily the "Y" of the number in each party. The YMCA telephone munlier is TU 4-4149. Volleyball Set KE.NO All women in the Keno area who are inteivsled in playing volleyball are invited to a meeting at 7:30 p.m. Mon day, Nov. 18. in the Keno School gym. Tliosc unable to at tend may contact Freida Flow ers at TU 4-5815 for further information. Hansell Demands Details On Higher Education Cuts NAl.HM 1 1 PH A demand that (lie Board of Higher Edu cation outline in detail wliere it plans to nuke S 1 million in budget cuts was voiced today in tlie Ways and Means Committee by Hep. Stafford Hansell, It Hcrmision. Hie demand triggered a scathing attack on higlier edu cation's policies. Chancellor Hoy E. Liruallen appeared before tlie pi c-session meeting of Ways and .Means last week ami outlined where higher education might make cuts, and explained plans to in crease entrance requirements, and boost tuition fees. But it was brought mil that lle Board of Higher Education liad not yet taken any positive action, and did riot plan to do so until tlie secial session of the legislature ended Hansell said: "I'm afraid we'll adjourn H luvut getting any idea what higher education will do. They will stall if they can. but With Assault Indictments harm in secret indictments from the Klamath County Grand Jury. Wilbur Hickson, 42, of Beatty and Perry Chocktooot, 30, of Klamath Falls have been ar rested on the indictments and are scheduled to be arraigned Thursday morning before Cir cuit Court Judge Donald A. W. Piper. The pair is charged with the beating of George Phillips dur ing a brawl in Klamath Falls last March. Phillips and his brother, Jim, became involved in a fight be tween the two defendants and Chocktixit's mother-in-law, Mrs. June Dunn. The two allegedly appeared at Mrs. Dunn's home, 1226 Kane Street, and Chocktoot was re ported to have said: "I'm going to kill you." The woman ran next door to the home of the Phillips broth ers and they became involved. In the fight (hat ensued Mrs. Dunn was knocked down and beaten and the brothers fought with the defendants in trying to aid the woman. Authorities say the defendants became enraged at Mrs. Dunn because they believed she im plicated them in a horse steal ing case. Fu Cases Rise Again The incidence of influenza throughout the state for the week ending Nov. 2 rose 493 cases, representing a new peak in Ihe number of cases report ed this fall, the Oregon State Board of Health has reported. Fourteen new cases -were re ported throughout the state since the previous week, but the recent figure is less than the number recorded for the same week last year, which was 534. Other statistics show that con siderably more cases of the disease were noted for the first 44 weeks of this year compared to a similar period during 1962. So far this year, 27,672 cases of influenza have been reported in the stale, compared to 21.915 for the same period last year. Of 22 cases of communicable diseases recorded in Klamath County during the week's pe riod, influenza led with 13. fol lowed by German Measles, eight, and scarlet fever, one. Figures for nearby counties were, Deschutes, 11: Influenza five; pneumonia, four; mea sles, two. Jackson, 37: Influen za. 35; German measles, two. Josephine, eight: Influenza, five; pneumonia, two; measles, one. Lake, none. Dog Held After Attacking Man A dog that bit a man on the leg Tuesday is being held for observation. The dog is being held to in sure tlial it is not affected with rabies. Harold Buck Davidson. 325 South Fifth, was the victim of the attack. He told authorities the dog jumped on him in the 3(H) block of Oak Street for no reason and inflicted a one-inch wound on his leg. Tlie dog is owned by Wiley Livesay. 421 Oak. Funerals STOCKTON Fmtfr.l ssrvir.es lor Helen Adams Stockton will b held trom Klnqsley Field B.se ChApel Friday. Nov. is, At ? p m. Crem.lion will follow. Ward's Kl.math Funeral Horn. In charge. Obituaries HEAVERNB Michael Francu Heaverne. 4.1. of Crescent died Nov. 1?. Survived by one brother. Pat Heaverne. Fallon, Nev . three sisters, Mercl S lusher, Klamalh Falls. Alice Brechet. Detroit, Mich., Mary Mack, Imnaha, Ore. Fu neral services will be held at a later dale at Enterprise, Ore. O'Hair's Me morial Chapel in charge. wc can press tliem to act now if we put tire pressure on " Co-chairman Sen. Ward Cook, D-Portland. Warned: "the time is coming when a closer tie be tween tlie Hoard of Higher Edu cation and llic legislature is go ing to result. "I don't question tile dedica tion o( board members, but they are getting a long way from the people tliey serve. "These are public schools." he said as he blasted proposals to increase tuition and entrance requirements. "We are not getting tin' coop eration we slwuid have under llie procedures ami policies set by tlie board so far." Cook add. .Hi. Hansell said he wanted to know what higher education planned to do before he went home from the special session. "I don't want Ihe decisions made after it is loo late for us to do anything about tliem." he snapped. ssssl III .-aj FACHinM PPPVIIC Tk, felline O'Harra, look over fashion wardrobe sent by the National Cotton Council and McCall'j Patterns for the sorority'i big faa and show on Saturday, Nov. 1 6. The affair will be held in the Winema Hotel starting at I p.m. This year's event ii a new presenta tion of styles designed to interest all women in a 'round the clock Cavalcade of Fashions. Phone TU 4-9 1 79 for tickets. Crash Sends Two Men To Hospital A headon collision near the Lakeview - Merrill junction on Highway 39 hospitalized one motorist and injured another about 7:45 a.m. today, Oregon State Police have reported. In satisfactory condition at the Klamath Valley Hospital is Elvin Alfred Trout, 26, of 2360 Madison Avenue, who was at tempting to pass a southbound vehicle ahead of him when he collided with an oncoming auto mobile driven by Charles Fran cis Street, 41, Malin. Police said that Street did not appear to be seriously injured but they indicated that he would go to a local hospital for a checkup. Trout was transferred by Peace Ambulance to the hos pital with a possible fractured shoulder and abrasions of t h e head and legs. An employe of a local plumb ing company. Trout said he was en route to a job near the Lava Beds when the collision oc curred. Both vehicles were de molished. One lane of tralfic was closed until the wreckage was removed from the high way. Need Noted For Nurses District No. 8, Oregon Nurses Association, is asking nurses who are currently inactive, but interested in returning to nurs ing if adequate refresher cours es were available in a radius of 25-30 miles, to contact officers of District 8. In making tlie announcement, Hildegard Watkins, president of the local group said, "there is a great need for more active pro fessional nurses in Oregon. The inactive nurse provides Ihe greatest source of supply to meet current needs as well as in times of emergency or cris is." Nurses who have been li censed in any state, interested in resuming tlieir professional career on a part time basis or full time basis may get more information by calling on Mrs. Watkins at 1015 Eldorado Ave nue, or telephoning her at TU 2-1340. Harry Chaffin Found Dead The body of a Klamath Falls man. Harry A. Chaffin. 46. was found Monday in Portland, slumped over the steering wheei of his car. He was an ap parent suicide. Portland police said a garden hose was extended from tlie ex haust of tlie car into tlie left front window. He was found by a passing woman motorist. Tlie motor of the car was running. Chaffin, employed in Klam ath Falls by a local automo bile agency, was Mid to have been despondent in recent months. STATES POLICY AMMAN. Jordan I PI' King Saud. marking his loth anniver sary as ruler of Saudi Arabia, said Tuesday his country favors a policy of non-intervention in the affairs of oilier Arab stales. Saud also declared that Saudi Arabia is opposed to bloodslved in tlie dispute over Yemen, the tiny nation on the tip of tlie Arabian land mass. He said tlie aim of his regime is "the construction of a mod ern Saudi Arabia in the 2ith centurv." Rot, c,;-, Pk; C.L Penny Collection Stolen Three thousand pennies and other money from a collection were stolen Tuesday afternoon by a neat burglar who appar ently knew what he was after. The burglary w as at the home of Mrs. Arch Foster. 620 Divi sion Street, and occurred be tween 2:20 and 6:15 p.m. Tues day. Police said the burglar cut a small hole in a kitchen window, then used a stick to unlatch tlie window and climbed in. Officers said he apparently went straight into the den next to Die kitchen and took tlie money without dis turbing other things in the house The 60 rolls of pennies were in a small cedar chest. Also R,?.Nowir ' 149 si;,' Orbital Sander Model H-131. UP App. I . Sow, Complete! Reg. -Q95 3 amp motor B Va nP bearing heavy duty motor 2,500 RPM I Rip , mite, 9ou9e, belt d pul- An excellent $ a n d e r for Jacob. Becring chuck I '- -itch ,,ad fJ" B A illustrated, but without extensions, a l1" - Delta Compact Saw - 4" DELTA JOINTER I W j . Reg. LQ95 7r;9so 9 50 8995 69 77.50 SV W J r XV CAU 7-in. iow, complete with ball bcor- Professional quality - the VjvA jAW l' Ti" finest 4" jointer on the mar- PE$5 . ket today! Ball bearing, sSfc-L' ff 18 heavy duty! S5?3S! 3488 H ffi Top quality and performance at a ffW A ; Ssi 9 Amp Mofor 5fe?v "-S: Cuts Full 2" at 45" Sei? f 1 ?. H p l-w.KHi'j ACCESSORY OFFER ON ROUTER DeWALT SAWS j -U Re9. KQ95 FOR CHRISTMAS! E U Sp- " OY Bo v'-'? y pssn Complete with light. 23,000 , Mr Sabre 4- 4c499s 7R88 ifrfmS Saw y4 HP GRINDER SALE AW V P J 4 n.r. umnucrt fastest cutting saw on -A p 1 49 95 39 9S THE MARKET! Cuts 2-in. lumber Tr 23 with ease. Orbital blade action 6-inch heavy duty ball bear- . . . , B NsJb6' ing. Excellent quality! ,0VM blode wear! t?'J"Z I W "W1 HARDWARE tjTS 328 Main Ph. TU 4-5662 ' s If ..j - i crr i, a: l c. taken were a can containing five rolls of nickels and five silver dollars and a "corsage" made of two five-dollar bills. Thieves Enter Station Here The Beacon Service Station, 1201 East Main, was entered Tuesday night by burglars who searched the office but took nothing. ! Police said the burglary oc curred between 9 p.m. Tuesday and 7 a.m. today. A rear win dow was broken by the burglars to gain entry. Plans Laid For Curtailing t Commercial Tree Cutting Landowners, law enforcement officers, and representatives of forest agencies met at the Klam ath Forest Protective Associa tion headquarters Tuesday to coordinate their efforts to cur tail the activities of commer cial tree cutters who illegally cut and remove Christmas trees from timberlands. The meeting is held annually under the joint sponsorship of the KFPA and the Winema Na tional Forest. George Wardell, supervisor of KFPA, said that foresters and law enforcement officers meet about this time each year to discuss methods of seeking out unscrupulous peo ple who steal Christmas trees from forest lands and sell them to the public. The usual penalty for such an offense is six months in jail or a $500 fine, or both, in addi tion to a fine equal to double or triple the stumpage value of the trees, Wardell said. WON'T STAY HOME CAMBRIDGE. England (UPK Clarence Gordon, 3, w andered into the Grove primary school the other day and was so im pressed that he has reported for classes every morning since. "I just can't keep him away," the tot's mother said. "He keeps nipping up the road and trying to get in." Headmaster Norman Walker finally put a stop to Clarence's scholastic zeal by posting a stu dent in the driveway to inter cept the boy. "Come back when you are five." Walker told the child. .Tm -.22. - SS V C ocous " hoB. ,88. Bl y5r-5- end To avoid arrest when trans porting Christmas trees, com mercial cutters are required to have a bill of sale from the land owner and a harvesting permit from the State Forestry Department. At tlie meeting Tuesday, rep resentatives of the Federal Bu reau of Investigation, district attorney's office, state police, and forest agencies, as well as others, discussed, in particular, the various laws which may ap ply to prosecute such violators. The group will meet later next month to suggest new legisla tion which would further cur tail the illegal cutting. Police Cite One Driver A two-car collision at Eldora do and Esplanade late Tuesday morning resulted in a Klamath Falls man being cited for fail ure to yield the right-of-way. Russell Eugene Hudson, 24, 938 Kane Street, was cited after the collision that inflicted mod erate damages on his 1961 pick up truck and the other vehicle, a 1958 heavy sedan driven by John Soloman Ashley, 65, 2036 Leroy. Police said Hudson was mak ing a turn from Eldorado onto Esplanade when his truck hit Ashley's auto, which was south bound on Esplanade. Bob Jones Southern Oregon Insurance Agency So. 6th Shasta Way V
