Herald and news. (Klamath Falls, Or.) 1942-current, December 11, 1963, Image 4

Herald and news., December 11, 1963, Page 4, Image 4

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Newspaper Page TextPAGE 1A HERALD AND NEWS, MARKETS and FINANCE Stocks By l'nlll Prr International Allied Chemical 55 Altim Co Am 67'. ."American Air Lines 33' i American Can 42"i American Motors lli ATi-T 139'i American Tobacco K'i Anaconda Copper 40' Armco 63' American Standard 16'i Ayco Corp 23! Bejidix Corp Bethlehem Steel M'i Boeing Air 36' i Brunswick "' Caterpillar Corp 4"''t Chrysler Corp M'i CBS. Wi Columbia Gas 29' Continental Can Crown Zellerbach S7 Curtiss Wright IT'i Dow Chemical i Eastman Kodak 11 Firestone M', Ford 5 Gen Dynamics 2" General Electric M' General Foods Si'i General Motors 78' General Port Cement 22'i Georgia Pacific 53' Gt. .Nor ny. Greyhound 7' Gulf Oil ' Homeslake Idaho Power 3-1'i I.B.M. 480 Int Paper 324 Johns IManvillfl Kenneeott Copper GS Lockheed Aircraft 37 Merck ln5' Montana Power 36'i Montgomery Ward 35',i Nafl Biscuit 57'. New York Central 21-!i Norlliern Natural Gas 49 Northern Pacific Pac Gas Elec 31'4 Ponn Ml 2jVi Permanente Cement lf Phillips 48' Procter Gamble "9' Radio Corp Richfield Oil Sears !! Shell Oil ' Sooony Mobil Oil ?' Southern Co Mi Southern Pacific 34i Sperry Rand W Standard California Standard Indiana 60'.4 Standard N.J. 721' Stokely Van Camp 23 Sun Mines ' Texas Co. 20' Texas Gulf Sulfur 207. Tex Pac Land Trust ZV Thiokol Trans America 50' i Trans World Air t Tri Continental 45-,i Union Carbide H7'i Union Pacific 4I'.i United Aircraft 43'j United Air Lines 4t' VS. Plywood ' U.S. Rubber 4M. United Utilities 40'. West Bank Corp 39'i Westtaghouse 33',i Weyerhaeuser 35 Youngstown 123H LOCAL SECURITIES Bank America Kl' 6 Boise Cascade 31' 33 Cal Pac Ulil Si'i 273i Con Freiglit !)' 10'. Cypnis Mines 22' j 24" i Equitable SM. 29'j 3I' 1st Nat l Bank TR'i 82xd Jantzen M' 2S'i Morrison Knud 27'j 29U Mult Kennels 3'. 4i Oregon Metal 1'. lc PPiL 2K 27H PGE 2.V. 27'i U.S. Nafl Bank Kit1 Wi Tektronix 2'i 21s West Coast Tol HPi 2;, Grains CHICAGO HTH Grain range High Low ( lose Wheal Dec 2.17". 2 15'a 2.17-1, Mar Mav Sept Sept Oati Tec Mar May Jul Rye Pre Mar Mav Jul Sep 2.17', 2.tfi 2 17', .72'. .711. .71', .17'j!7 .1 41.75', 1 Tj'i 1.74 1.75', ..' .71W-.71 .71'. ,7H .71 '4 .71 .71-i ,67: 1 47'i 1 4i','i 1.47', -1.47 1.S21, 1 51'k 1 52,. 1 M'i l.M4 1 54-1 M4 1 4!i'. 1 4fi'4 1.4R'4 I 47', 1 45 1 47 KLAMATH BASIN I CKNTRAlToRECrON IDAHO DEMAND Moderate siiiw Moderate JiUltKET Steady Mow MmlmTtc F.O.B. PRICES PER CVVT. I nwa.hed: I S1A i In or 4 of mln M(V;.:o i ToTjo 7u-!.m -'4 oi .tc-t.7i jTto-rso "Tsivj.TS baled 10 lb ski 2.50-2.6)1 J.ifvTso t.75-3.IO lsl 1.50-1.70 L4Tm lTlM.lJ PRICE TO GRWR BIT.K CWT. ! V?! j 1.50-1.70 M-llV, I.3.V1.55 Vs I -TO- .73 ,55-M .X7.hg ' KLAMATH BAB. TRUCK TTL "TO DATE TTL A YEAR AGO on.Kf.oN 4 i mi I CALIFORNIA 7 i.7 M tVedortda.v, December 11, 1961 Klamath Fall, Ore. WALL STREET NEW YORK (UPD A some what spectacular show of strength in rails featured gen erally 8 mixed market today. Gains of large fractions to more than a point appeared in Northern Pacilac, Chicago & North Western, Norfolk & West Urn. Chesapeake & Ohio, Rock Island. Kansas City Southern and Nickel Plate. By L'nited Pren International Slocks Irregularly higher in moderate active. Bonds irregular. American stocks irregular. Cotton futures slightly higher. Wheat closed off H to '.. cent higher: corn up ' to off cent: oats off to H cent; rye up '4 to l'j cents: soybeans up l'i to 4i cents a bushel. Livestock KLAMATH PALLS LIVESTOCK AUCTION MAKKIT DK. It .Kelpti: All Ciltu (Including calves) Hoot IS' Sleep 5. Last week: Cattle iU (Including 210 eelveill Hogi 60; Sheep e. Compered lest Tuevdey eelve llee ttl feeder lleert and heller, .50 low er) good demand tor itocK cowl and replacement heifer celveil tlaughter cowl and ileen steady. Hooi iteady. Slaughter Cattle: kleeri: Good, 1040 Ibl . 20.10. Cowl: Utility. II WI ISl Culleri, II U JO,- Canneri, 4 OO I.OO. Slockerl & feeder: Sleeri: Good Choice, SSO-TOfJ Ibl , 21-22. SO Helfert: Good-Choice, 520-700 lbs.. II 7S-I9-40. Steer Calvei: Good-Choice, 32S4MI Ibl., ?75?e )0l Good-Cbokt, 4S0 . S0 Ibl.. IJ 2 to. Heifer Celvei: Good-Cholce. 3S0-47S Ibl., 22-22.201 Good-Chotre, 440 - 500 Ibl, 20-71.30; Good-Choice, Replace ment!, 475 Ibl.. 24.20; Good-Choice, light, 27-19 per head. Cowl: Good-Cholce. pregnancy tail ed voung cowt. 16 per head; oood. bred helfert, 140-150 per heed; Feed ers, 10-12 SO. Hogi: U I. 1 J Barrow, & Gllti, 200 240 Ibl.. 14 40-14 70. Sheep: Feeder Lembi. Good-Choice. 10 101., IS M. Reported by Ray O. Pelerien, coun ty exlentlon agent. PORTLAND (LTD - (USDA) Livestock: Cattle 2(10. Canner-cutler cows early 8-12.50, cutter mostly 10 up; feeders medium 600-60 lb steers 14.50-15; good 640 lb 17; medium 600 lb heifers 13. Calves 50. High good-low choice slaughter 190-290 lb 28-30; utility 20; high standard-good 20-22. Hogs 200. 40 head 1-2 butchers 230 lb bought to arrive basis at 16; sows 1-2 grade 10-11.50; heavier at 9. Sheep 150. Woolcd slaughter lambs choice - prime 105 lb steady at 18.25. Potatoes PORTLAND (Uril Potato market steady; 100 lb sks washed Russets U.S. No 1 un less otherwise stated; Oregon 2.50-3.00; 6-14 oz 2.75 3.00; bakers 3.00-3.25; U.S. 1.00-1.05; few lower; U.S. No 2 bakers 2.15-2.40. Stocks MUTUAL FUNDS Prices until 10 a.m. PDT today Affiliated Fund Atomic Fund Blue Ridge Bullock Chemical Fund Colonial Fund Comw. Inv. Diver Growth Dreyfus Fundamental F.I.F. Founders Fund Group Sec Com Gr See Avia El Hamilton H.D.A. Incorp Inv. Investors Group Intercontinental Mutual Slock Selective Variable Keystone S-l Keystone S-3 Keyatone S-4 MIT. MIT. Growth Nafl Inv. Nafl Sec Div Nafl Sec Growth Nat l Kec Stock Putnam Fund Putnam Growth Selected Anier Shareholders Sup Inv Ser United Accum United Canada United Income United Science Value Lines Wellington Windsor Whitehall 8.12 4.79 12.00 13.45 12.18 11.34 1004 907 18.65 10 22 437 6 58 13.10 689 507 7.27 8.79 523 13.11 14.75 13.32 1239 1097 9 94 20.27 11 20 4.78 7.13 14.34 7.56 5.55 7.95 673 1248 20 45 II 10 7.32 24 n 16 82 4 7R 16.73 4 78 1696 4.66 9.18 8R0 16.64 9.63 KIM 12.19 829 15 90 13 42 773 S76 15 67 15 53 1470 11.54 1(1 tri 10W 6.77 22.30 13 42 4:18 153 8 31 15.69 4.211 .411 8.0.1 13.23 8.83 10.15 .1115 7.61 14 55 18 37 1228 707 5 27 MM 14 251 13 60 TODAY'S POTATO MARKET BASIN CARLOT Final Cash Difference In Redistricting (Continued from Page 1) erties at $2,293,590. Therefore, the county court said, a com! mon yardstick for both city and county properties was available. Applying these figures to the division of assets formula the court determined that for the area leaving the Klamath Union district for tlie new county dis trict, the new city district would owe the new county district $629 099. Conversely, the county unit would owe the new city dis trict $239,032 and tins difference lictwcen these is $340,067. This is the amount owed the new county district by the new city district under the plan. -t ' .at' .""00m ' ? - ' r r K4iV . KINGSLEY CONTRIBUTES Col. Edwin Wifzenburger (right), commander of Kings ley Field, hands Paul Meier, general United Fund chairman, a check for $9,361.84 Kingsley's 133.7 per cent; effort in this year's campaign. The field's goal was $7,000. At (eft is Maj. Curt Gruye, who was campaign chairman at Kingsley. The check was presented Tuesday. Kingsley had the highest percentage of any United Fund division. Most Area Roads Remain Bare And Dry Motorists could look forward to fair weather throughout the county today, except at Crater Lake where skies were over cast and the temperature at 18 degrees, the Klamath Falls office of the Slate High way Department has reported. Skate Rink Will Open The skaling rink on Lakeshore Drive near Moore Park will open tonight for the first time this season. "arks and Recreation Direc tor Gary Woodring said the re cent cold snap had frozen the rink hard enough for skaters and it will be open from 7 to 10 p.m. There is a 10-ccnt ad mission charge for children and 15-cent charge for adults. There w ill be music, lights a n d a warming hut. The rink was rc finished this summer with as phalt and features a curb around tlie edge. 4-H News COUNTRY KNITTERS The second meeting of tlie Country Knitters was held at the Malin Community Hall on Tuesday. We had a short busi ness meeting All the goals were completed. Refreshments were served by Bruce Victorin. MIDLAND DAIRY (TA B The first meeting of the Mid land Pairy Club was held Sun day, Nov. 17. at the home of Mrs. Ida Scala. The meeting was called to order by Roy Mc Nary. The secretary look the names of the old and new members. Officers elected were Virginia Scala, president; Don Milani, vlco president; Shirley Scala, secrelary; Hoy McNary, news reporter; Don McNary and John Hair, entertainment chairmen. Names were drawn for the ex changing of Christmas gifts nt the December meeting. There will he a special officers' meet ing Nov. 24 at the home of Mrs. Ida Scala to arrange the pro gram for the club year. After the meeting refreshments were served by Mrs. Scala. Roy McNary. News Reporter. SHIPMENTS But this won't be paid off in cash. It is estimated that nearly 900 students to be transferred from tlie Klamath Union district to the new county district under the plan will choose to stay at KU until their term of school is finished. The law says they nave the right to make this choice. But tlie r.ew county district will have to pay the new city district tuition for these stu dents, and these tuition charg es, over the next three years, will be charged off against the city district's debt. It was brought out that tlie $340,067 will still have to be Temperatures were consider ably lower at other points in the county, tlie department dis closed. The mercury dropped to minus two degrees at Chomult coldest spot in (he rounty last night where roadside snow was measured at eight inches and the pavement was being melted o snow by passing ve hicular traffic. Meanwhile at Willamette Tass tlie temperature was three de grees and traffic was proceed ing without chains. Chains were required on Dia mond Lake East and Diamond Lake West, where roadside snow was recorded at 23 and 22 Inch es, respectively. No snow was reported at those two points during Die past 24 hours. At the Green Springs High way, the temperature was 10 degrees and the pavement bare in exposed areas where traf fic had worn down the snow pack. Road conditions were similar at Bly, which reported two inches of roadside snow and five-degree temperatures. At Wall Street Chatter MOW YORK Uiri) - "The stock market will remain sub ject to occasional corrective phases and Its performance during tlie Hi trading sessions remaining in 1063 will continue to lie heavily influenced by year-end tax selling ami switch ing operations." says Kenneth Ward of Hayricn, Stone & Co. "Although no signs of an im portant top can be discerned." Ward added, "it still is diffi cult to project a higher level much above llic 770-70 in the Don-Jones industrials at least immediately." "The trend in quality stocks looks definitely up," says E.K. llutton & Co. "The enthusiasm displayed by managements which are declaring increased dividends and stock splits is contagious, both in regard to directors of corporations which have not yet had their year-end meetings, and to investors." "The year 1964 will be a year of abundance for most Ameri cans." predicts Reynolds & Co. "We believe that this upward trend will be reflected in the level of stock prices in coming month " Insure Your Happy Holidays! DRIVE CAREFULLY! Bob JonoV lAPica J Southern Oregon Insurance Agency So. ith ft Shoita Way 2.4671 paid, but it will be in operating costs for these students, rather than in cash. Also, it is estimated that 215 county elementary students to be transferred to tlie new city district will be educated at county schools for the first year of tlie new reorganization plan and tuition will have to be paid for them. Taking all of these figures into account, the county court estimated that at the end of three years, the new city dis trict will owe the new county district $3! ,997 in cash but the court emphasized that this is only an estimate and may not hold true. Lakeview, the temperature was six degrees and motorists were alerted to spots of ice along the highway. Adel reported snow flurries, icy pavement, and temperatures at 10 degrees. Acf Leads To Arrest A 33-year-old Klamath Kalis man was arrested by Oregon State Police on a charge of in decent exposure Tuesday and later pleaded guilty to the charge in district court, where he was released on $1,000 hail while tho judge look tlie case under advisement. Arrested was Richard Lloyd Blackburn, a drug salesman of 219 High Slilrcot, who was or dered by .Indue Robert B. Kerr to reappear in district court on Thursday. The incident which led to Blackbiun's arre.-t involved three teenaue girls and oc curred Monday while the de fendant was in his car parked at South Sixth Street near Sum mers Lane, police slated. Sorority Plans Gift Exchange The Alpha Delta Kappa Sor ority will meet at S p.m. Dec. 14 at the home of Mrs. K. A. Marsh, 2215 Auburn Street, for the group's annual Christmas party and gift exchange from secret pals. Mrs. James Lear will be co hoslcss. Pile Of Logs Crushes Man GRANTS PASS (VPI -Carl Dodsc, B5. Grants Pass, was fatally injured in an accident at tlie Southern Oregon Plywood Co. here Monday. Dodge, a retired city road de partment employe, died at a hospital after some his rolled off a storage pis? ami crushed him. ta Mil Mea'efa 1 J. t Jrria 1 ii I, m -11 I watvfctM A City Schools Superintendent Ray Hunsaker and county Su perintendent Cliff Robinson were directed to estimate the effect of these changes upon the school tax rates of each dis trict. These estimates will be presented at tlie public hear ings. The only actual transfer of properties under the plan in volves Kairhaven Si-hool. It will be transferred to the new city district from the present coun ty elementary school system. The county school board told the county court that local school committees would be ad visable in the new county dis trict. Tlie city boards said lo Klamath Firms Bid High At Winema Timber Sales Two Klamath Falls lumber firms were the successful bid ders in two of three timber sales held by the Winema National Forest Tuesday in the confer ence room of the county li brary. The local companies sub mitting tlie highest bids were the Klamath Lumber and Box Co., which offered $193,285 for 9.5 million board feet of limber in the Klamath District (Grey lock Sale', and the T h o m a s Lumber Company, which bid $B2,4!I5 for 4.7 million board feet in the Chemult District i Pothole Buttei. The average value per thou sand board feet in each of the two sales was $20.35 and $17.55, respectively. Heart Fund Staff Meets David A. Swcitzer, a p r o gram consultant wilh the Ore gon Heart Association, met w ith the Klamath - Lake Heart Chap ter at a luncheon meeting re cently at the Winema Hotel. He conducted an open discus sion on the Oregon Heart Asso ciation fund drive with Quinton Steel, general chairman, Klam ath - Lake County; Jack Thom as, public information chairman; Jay Dent, Lake County chair man; Bill James, Klamath Falls city chairman; Ken Sny der, county vice chairman and Gene Milligan. Swcitzer graduated last spring from the University of Utah, where he was awarded an AHA journalism scholarship that permitted a year's train ing with the Utah Heart Asso ciation. Stroke Victim Will Be Moved .lack .Marsh, Klamath Kalis, and an employe of the Oregon State Highway shops, will he transferred this week by mili tary aircraft from Pendleton to" the Oak KnoH Naval Hospital in San Kranciseo. Marsh spent 20 years in the Xavy before retiring. He was the victim of a stroke six weeks apo while hunting elk in eastern Oregon, and w a s paralyzed on tlie right side of his body with loss of speech. Mrs. Marsh, who went to her husband's bedside in a Pendle ton hospital, reported Wednes day that his 9pecch had re turned and therapy s expect ed to aid his condition. Funerals HANSEN Punt rl If rviCti (or Jul Hi Odm Hair. en will tahff pl,ct from Iht Chp ffl Ol Wflrd'S Klimalh unrnl Hflmi on ThurAdAy, Dec. 13, 1W.1. at 10 a m. Concluding jervicts Klamath Memorial Park. LUGO Funeral Mvvifct lor Carlo Levva Luoo Sr. will Ukt piacf Irom lh cMnffl of Wards Kiamafh Funeral Homf on Fr.rfav, Dec. 13. 161. a' 10 30 a m Concluding sarvicas Mam am Mtmonal Park SARIN Fungal srvic5 lor Herb O Mbm W'll tak piata from (he chapfl of Ward j Klamatu Funeral H o m e on F'ifiav. PK. 13. I'M. at 1 p m Con eluding servrcoi Kiamatf, Memorial P'k. HARRINGTON Fiinev ifrt'it-t lor Spyd Vathfw Mar'ingtr-i i n take pla Irom. th l-Mr-el of Ward Mamtri Funeral Home on tnyrioav. Dec. i?. l3. at I JO Dm CofKlid"fi fvcPi E'emal Huis Memorial Gardeo diamond splendor plus superb accuracy o OMEGA DIAMOND-SET WATCHES The Mine l.ind of cue that p-rs into the mtliirtR of n Omrc v atch is taken in lectins Cm ft; dumondv. 1:ac $cm is loupe m ;vtet.l (or cWor, cut and cUnty. I his combination of fiawlrM du monds and precision timckerping makes these new Omea watches incompAiabie hfenme poisesuons. Ct RENIE, JEWELERS (XCLUSIVELY AT 1004 MAIN ileie.e.11 fjwtie Ateoer t Plan Expected To Be Small cal school committees would not be wanted in the new city dis trict. The court proposes that each of the new districts be respons ible for transporting its own children, regardless of where they attend school. County schools indicated their approval of retaining, w ith a few changes, the present school zones (or election of directors. The city schools ask directors to be elected at large from the city district. County schools indicated their approval of retaining, with a few changes, the present school zones for election of directors. The citv schools ask directors The remaining successful bid der was Brecount Brothers Grants Pass which bid $65, 5,7oo for 4.1 million board feet in the Klamath District (Calamity Sale', for an average value of $16.02 per thousand. Unsuccessful bidders on the three sales were Medford Corp., Modoc Lumber Co., Bur rill Lumber Co., Cheney Forest Products, and Klamath Ply wood Co. Herb Sabin Succumbs Herb O. Sabin, 71, died in Medford. Dec. 9. following a long illness. He was a native of North Dakota, born Sept. 16, 1892. He lived in Klamalh Kails 20 years, and was a Great North ern employe for over 30 years. Mr. Sabin was a veteran of World War I. serving with the Army overseas. He w as a mem ber of the Veterans of Foreign Wars. IOOF Lodge, and was a member of Klamath Lutheran Church. Survivors include the widow, Minnie, this city; daughters, Mrs. Otis Snyder, cily. Mrs. E. E. Slark. Seattle. Wash.; Mrs. Dana Cochran, Portland; sons. Herman, Klamath Falls, fngman. Los Angeles; sisters, Mrs. Marie Falgren, Sokane, Wash.; Alvina Dowdle, Mesa. Ariz.; brothers, Ed, Grand Forks, N.D.; Odien, Devils Lake, N.D., Ted. I'erely, Minn., Elmer. Rratcn, Canada, Englc, Oakland, Calif., Carl. Lander, Wyo.; also 14 grandchildren. Funeral services will be at 2 p.m. Friday, Dec. 13, from Ward's Klamalh Funeral Home with Rev. Malcolm I'nseth of Klamath Lutheran Church offi ciating. Graveside military serv ices will be at Klamath Memo rial Park. FOUNDER WES Msgr. Edward J. Flanacan. the founder of Boys Town near Omaha, Neb., died in Berlin, Germany, on May 15, 1943. JUST ARRIVED FOR THIS PRE-CHRISTMAS LARGE 30" 4 3 m Just the thing for ex tra storage. Metal drawer pulls. BUDG ET'S SPECIAL LOW PRICE LAY AWAY St m to be elected at large from the city district. County schools ak that the length of terms of new direc tors to be elected for the new county district follow the rota tion of the present board. City schools ask that directors be elected on the basis of "the di rector with the greatest num ber of votes be elected to the longest term i5 years) and so on down the line." The county court said the election to either approve or disapprove the reorganization plan must be held before April 30. 1964. and if approved the plan will go into effect July 1. 1964. Therefore, following that j teueiyBW r V Vandals Damage Truck Vandals smashed the spark plugs and destroyed a battery in a dump truck parked along Klamath Lake near Tehran City sometime since last Sun day, the owner of the truck, Don Kettler, 727 Lincoln Strecl, told the Herald and News Wed WE WILL HOLD FOR CHRISTMAS DELIVERY mm election, new directors for the two new districts will have to be elected. The county court said it feels tlie Wiard Street plan divides the county along equitable lines with the least disruption of edu cation, and that it at least par tially solves the overcrowdin; problem at Klamath Union High. Superintendent Hunsaker sai with the plan double-shifts at the school can be eliminated b September 1965. Superintendent Robinson said construction of the new Henley High School can be speeded up to accommodate any increase! in its load. I a z UrV re iLlJ.iL. vv di GETTING READY Women patients at the Klamath Nursing Home will "look pretty" when Sante arrives on Dec. 20 for the Herald and News and the Community Share Your Christmas Party. Owners of beauty jhopi and operators give permanent waves to women who need them, as their share of Christmas qiving. Mrs. Ola. Wil Hams, seated, is among the patients whose hair will be curled by Sharon Lanti, Faye's Magic Mirror; left to right, Robert Lanti, Lariat Beauty Lounge, and Eve Hum phrey, Laura's Beauty Fair. nesday. Kettler estimated the damagi lo the vehicle at more than $5(1 Ho left the truck near the siti of several lots where he ha been working Sunday and re turned Wednesday morning ti discover the vandalism. NOTICE! To all persons wishing to send gifts indicative, to the Klamath Country, we offer "ready-to-moil" pockoges of WILD PLUM JAM All packaged, ready to mail, your choice of 3 X 4.50 4 Vo" 3.85 NYBACK'S FLOWER FAIR 3614 South 6th 630 Main Li Solid Wood Walnut Finish DRAWER 2410 South 6th mil J DILIVIRY