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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Dec. 19, 1963)
PAGE HERALD AND NEWS, MARKETS and FINANCE Stocks NEW YORK STOCKS By United Presi International Allied Chemical 55'i Alum Co Am 67'i American Air Lines 33't American Can 43 American Motors 18' AT&T 1383 American Tobacco 2M Anaconda Copper 43H American Standard 17't Avco Corp ' 22 Bendix Corp 4Vt Bethlehem Steel 31'i Boeing Air 36'i Brunswick 10H Caterpillar Corp 47ii Chrysler Corp 90 Coca Cola 1U CBS. Wt Columbia Gas 29'i Continental Can 42'j Crown Zellerbach 57'i Crucible Steel 22H Curtiss Wright 18 Dow Chemical 69?i Du Pont 238 Eastman Kodak 120' 4 Firestone 38'i Ford 48'i General Dynamics 23 General Electric . 84 General Foods 86'S General Motors 78' General Port Cement 2214 Georgia Pacific 52'. Gt Nor Ry 57 Greyhound 43 Gulf Oil 47i Jlomcslake 42'j -Idaho Power 33'.j 13.11. 483 "bit Paper 32 'Johns Manville 49'i Xockheed Aircraft 35H Martin 20Vi Merck 104 Montana Power 37' Montgomery Ward 331i Nat'l Biscuit 56 New York Central 231 Northern Natural Gas 50 Northern Pacific 51 H Pac Gas Elcc 3 Hi Penney J.C. 45?i ,Fenn nit 24'4 Permanente Cement 15',i Phillips 48 Procter Gamble 80' Radio Corp 96 Richfield Oil 4 Safeway 571i Scars 93' -Shell Oil 46 Socnny Mobil Oil 70k Southern Pacific 36V Sperry Uand 21'i Standard California 60' i Standard Indiana 63Vi Standard N.J. 75'a Stokeley Van Camp 22 Sun Mines 9' Texas Co. M'i Texas Gulf Sulfur 21 Tex Pac land Trust 21H Trans America 50' Trans World Air 26-i Tdi-Continental 45'i Vnlon Carbide 12Hi Union Pacific 40U United Aircraft 42 United Air lines 41 ' U S. Plywood 6 :U.S. Rubber 44 U.S. Steel 53 United Utilities 39'i Weyerhaeuser 33 West Bank Corp 38'i Wcstinghouse 33U Younestown 127 LOCAL SECURITIES Bank America Boise Cascade Cal Pac Con Freight Cyprus Mines Equitable SfcL 1st Nat'l Bank Jantzen Morrison Knud lult Kennels NW Natural Gas Orecon Metal PPM. PtlE 64 34 67H 36 28 10' 24 30 82 28 29 4 37 1 27 27 91 21 25 9 22 28i 78' i 26 28 3 33 1 26 25 U.S. Nat'l Bank 88 Tektronix West Coast Tel 19 '4 24 Grains CHICAGO (L'PD-Grain range High Low Close ; Wheat TJec 2 19 2.16 2 18'i-216 Mar liny Jul Sep Oats Dec Mar May Jul Rye Dec. Mar May Jul Sep 2.19 2.18 2.18- 2.13 2.12 2.13-2.13 1.70 1.75 .76- 1.80 1.77 1.78- .69 .68 .68- .71 .70 .71 .72 .71 .72 .68 .67 .67 1 50 1 47 1 50 1.34 1 52 1.52 1.55 1 53 1.541.54 1.50 1.48 1 49 1.47 1 47 1.47 TODAY'S POTATO MARKET ' KLAMATH BASIN CENTRAL OREGON IDAHO llEMANTJ Good Fair Fair I MARKET Steady .Steady Mradv T.O.B. PRICES PERCWT. I nmahedi T'siA 2 In or 4 e-i mln M5-8,r. t.20-2.35 1,90-MO .I4 oi i.60-2.75 JJO-t.M .30-t.73 "biied 10 Ih sks 8.50-Z.60 2.40-rsii I.75-J.I0 "iSJ 1.50-1.70 1.40-1.50 1.13-1.25 PRICE TO GBWB BULK CWT. I I LSI 1.50-1.73 1,33-1,65 Mostly 1.50 IS! .70- M .55- .65 ' Mnsllv .5T KLAMATH BASIN CARLOT SHIPMENTS -" RAIL TRUCK TTL TO DATE TTL A YEAR AGO . OREGON t IS 1675 1135 ' CALIFORNIA 12 18 1695 70 Thursday, December II, 1963 Klamath Fills, Or. WALL STREET NEW YORK 'LTD - Stocks moved lower today, reacting to tax loss selling and profit tak ing. Autos paced the decline. Chrysler. Ford, General Motors and American Motors all were down. A few stores moved higher on news of a sharp jump in store sales last week. Steels were easier. Allied Chemical declined in its group. Johnson & Johnson and Car ter Products weakened in the drug section. High Voltage En gineering showed some improve ment in the electronics but IBM, RCA, Control Data and Motorola softened on profit tak ing. Amerada and Pennzoil ad vanced in the oils. U.S. Smelt ing was down considerably in the metals. By United Presi International Stocks lower in moderately active trading. Bonds irregular. U.S. government bonds steady in quiet trading. American stocks irregularly lower. Cotton futures steady. Wheat closed off to up 2 cents; corn up to H cent; oats off to up cent, rye up 1 to 3 cents; soybeans up 10 cents in all contracts. Wall Street Chatter NEW YORK (UPI) - "There are good reasons for believing that many investors have de layed taking profits in order to avoid any increase in their in come tax liability for 1963," says Shearson, Hammil & Co. "Thus," the advisory service says, there is a lair cliance that (here will be substantial selling after the end of the year In those stocks which have shown substantial price apprec iation in l'MO. No one can say how important such selling is going to be, nor to wliat extent other Investors are prepared to purchase tlie issues now sched uled for sale after New Year's Day. In any case, wc continue to believe tliat this is not a time for investors to commit all of their available cash and borrow ing power to the stock mark et." Potatoes PORTLAND XUPD Potato market steady; 100 lib sks washed Russets U.S. No 1 un less otherwise stated; Oregon 2.50-3.00; 6-14 Oi 2.75 . 3.00; bakers 3.00-3.10: U.S. No 2 1.00 1.03; few lower; U.S. No 2 bak ers 2.23-2.40. Stocks MUTUAL FUNDS Prices until 10 a.m. PDT today Bid Asked Affiliated Fund 8.21 8.88 Atomic Fund 4.77 5 21 Blue Ridge 12.19 13.32 Bullock 13.51 14.81 Colonial Fund 11.43 12.49 Comw. Inv. 10.09 11.03 Diver Growth 9.07 9.94 Dreyfus 18.35 2049 E & II Slock 14 24 J5.39 Fidelity Capital 10.21 11.10 F.I.F, 12.28 13.42 Founders Fund 6.68 7.26 Group Sec Com 13 33 14.60 Gr Sec Avia El 6 7B 7 44 Hamilton H.D.A. 5.11 5.59 Incorp Inv. 7 32 8 00 ICA 10.86 11.87 Investns' Group Intercontinental 6.26 77 Mutual 11.63 12.57 Stock 10.11 20.66 Selective 10.40 M.12 Variable fi.81 7.36 Keystone S-l 22 54 24 59 Keystone 6-3 15 39 16.79 Keystone S-4 4 35 4.76 M.i.T. 15.45 16R9 61. I T. Growth 8 39 9 11 Nat'l Inv 13 83 17.11 Nat'l See Div 4 31 4.71 Nat'l Sec Growth 8.39 9.17 Nat'l Sec Stock 8.12 8.87 tPutruvm Fund 13 33 16.73 Putnam Growth 8.87 9 6!) Selected Amcr 10 22 11.05 Shareholders 11.23 12 36 Sup Inv. Ser 7 60 8 28 I'mtcd Accum 14 73 16 10 United Canada 18 54 .... United Income 12 42 13 57 United Science 7 11 7 77 Value Lines 5 29 6.78 Wellington 14.42 13.72 Windsor I I 29 15 33 Whitehall 13.64 14.75 Witness Declares He Saw Shooting Marvin Thompson of Beatty Wednesday afternoon told circuit court jury he saw Ar chie Foster shoot Mrs. Rich ard Biss April 22. "I could see she was shot be cause her head dropped to the side," Thompson said. Thompson said the shouting occurred in front of his house on Piute Road in Beatty that afternoon as Mrs. Biss tat in the back seat of her car with another woman, Wilma W i I liams. The prosecution continued its case today and Dist. Atty. Dale Crabtrce indicated he may rest his case late this afternoon. One witness today was John Weber, the district attorney's investigator, who said he talked to Foster two days after the shooting in county jail and that Foster denied at that time any knowledge 0.' or connection with the incident. He said he left Mrs. Biss alive the afternoon of April 22 in Beatty and he and Miss Williams drove to Klamath Falls. Weber said Foster told him he learned of the woman's death over a news broadcast April 23. Weber said Foster "didn't hesitate on any question I asked him." He said Foster became angry once, w hen Web er offered him a dollar to buy cigarettes in the Jail. "I was very happy because I only had a dollar." Weber said of Foster's refusal (0 take the money Reds Repel African Protesters MOSCOW (UPI) - Soviet mil itiamen guarding the Ghanaian Embassy today shoved several African students back into the snow when they tried to force their way into the building. A group of 30 Ghanaian stu dents had tried to enter the em bassy in search of more infor mation on the death of fellow student Edmund Asarre - Addo, whose body was found frozen in tlic snow alongside a railroad track north of Moscow last Thursday. His death had caused a dem onstration in Red Square Wednesday, in which an esti mated 400 Ghanaian students paraded with banners protesting alleged Soviet mistreatment of Africans. The Soviets denied the charge and high Soviet officials con ferred in the Kremlin with some of the demonstrators. The Russians promised a further re port on Asare-Addo's death, which the Ghanaians attributed to foul play but which the Rus sians said was due to natural causes. When the student group showed up today, they encoun tered eight Soviet guards out side the building w ith orders to let no one enter. The students argued with Ilia militiamen and, when a num ber of them tried to enter the building, they were shoved back ff the sidewalk. Obituaries FRANCISCO Htcha'd Thomai FranclicB, 1 year, 7 monllii. dlad hart Dac. 11, 1963. Sur vivor: ParanU, Mr. and Mn, Jo. upti r-ranclico. a brolhar, David John, and a ilstar, Kalhlaan Ann, this cllvi prandparanll, Mr. and Mri. p. H. Franclico, San Jesa, Calif.- Mr. and Mn. Robart 6. Rohrlg Sr., Mavward, Calif. Funtral larvlcai, St. Aviqullma'a Church, Marrlll, Ora.. Saturday, oec. l, at 10:30 am. Concluding, larvicea. Ml. Calvary Camatary. Ward'a klam. ath Funeral Homa In charga. FIRE REPORT (10 a m. Wednesday to 10 a.m. Thursday) KLAMATH FAILS HUE DEPARTMENT 6:54 p.m. Wednesday 320 Lewis Street, chimney fire, no damage, occupant Clara Ballon lync. 7:54 p.m. Wednesday 2316 South Sixth, pickup truck fire, damage lo wiring and hoses, owner Leonard Norris. 8 p.m. Wednesday Washburn Way and Slvasla Way, car lire, daniace to wiring, owner Rich ard Hamilton. Also testifying this morning was Eleanor Foster, a relative of the defendant, who said Fos ter and Miss Williams came to her home, 1726 Crest Street, the evening of April 22 and the then rented a motel room for Foster under the name of "Mr. and Mrs. H. B. McCoy of Lake view." The motel operator was not available for testimony but his deposition was entered into the record. His stipulated testimony said a woman rented a motel room at his South Sixth Street motel April 22 and a man, ap parently Foster, stayed in the room that night. Other witnesses today were two school bus drivers called to establish times of certain events Deputy Jack Hunton who was the first policeman to see Mrs. Biss' body in a car In front of her home, a Bly liquor store operator, and Su san Foster, 13, one of two young girls who saw Mrs. Biss' body the evening of April 22. T h e oilier. Valcen Chavez, 12, testi fied Wednesday: "I saw her (Mrs. liissi sitting there (in the car) and she was all bloody and everything." Both Hunton and Weber said they searched the area of the shooting for a weapon, but failed to find any. Mr. and Mrs. Tony Shoulder blade of Beatty testified Wed nesday that they drove by the Biss house several times in the late afteroon and early evening of April 22 and saw a person, apparently Mrs. Biss, "sleeping" in the Biss car. Mrs. Biss, with a bullet hole in her head, was later found in the car. Foster, 26. of Salem, was ar rested two days later and charged with her murder. Petition Filed Against Chief LA GRANDE (UPH -A peti tion bearing 515 signatures and calling or the dismissal of Po--lice Chief Oliver Reeve was presented to city commissioners Wednesday night. The commissioners took no ac tion on the request and turned the petition over lo City Attorney Carl Helm for study of its vali dity, instructing him to report back Jnn. 2. The petition, submitted by Kenneth Byers of La Grande, referred to a recent incident in which Reeve entered a guilty plea In Justice Court to posses sion of an anterless elk. Lighted Tree, Santa Visit To Highlight Annua! Party (Continued from Page 1) ready for refreshment time. The patients who can walk or come in wheel chairs, will be ready around the huge lighted tree in the big recreation room. The tree was cut and brought in from Hie woods by Pete lied berg who also provides the gayly lighted tree that stands on the lawn. This has been his Christmas gift to the home for many years. This year ho has provided a permanent founda tion for the outdoor tree. He Companions Describe Fatal Plunge Of Young Climber From Roseburg KATMANDU, Nepal (LTD -Two American students said to day a colleague fell to his death on a mountain climbing tick in the Himalayas despite their warning o( a slrppery spot on the trail. Steven McCarthy and Gary 'Payne, both students at Reed College. Portland, Ore., de scribed tlic accident alter trudg ing 13 days from tlie accident site in the Rolwading Range of Central Nepal. They said the third member of their scientific expedition. Jury Rules Not Guilty Mrs. Darkiie Sanchez and Coleen Crume were acquitted Wednesday evonuig by a circuit court jurv on charges of assault with a dangvrotis weapon. The eight man, four wom an jury deliberated 56 minutes before returning an 111 not guilty vtNxlict at 5:18 p 111. Tlie two women were accused of shoot uig al a man and at tackuig him with a meat cleaver earlier tins year in tlie South Suburtxm area. Michigan's land area (about 36 5 million acres) is larger than Greece and five times as large as Belgium. CHILDREN MEET SANTA The children of members of were guests at a special Christmas party Wednesday noon takes orders from two of the young Kiwanis fry. At left is another 3-year-old, David Bowman. Russian Family Of 4 Heads For Christmas Visit In U.S. LONDON UPI i A Russian family of four whizzed through London today en route to the United States to spend Christ mas there as guests of the Girl Hurf In Crash A 5-year-old girl was injured Wednesday night when a car containing six persons plowed into a bank at Alva Avenue and Bisbee Street. Slate Police said Shirley Jane Hoffman, 1805 Derby, was tak en to Klamath Valley Hospital by Peace Ambulance for treat ment of minor cuts and bruises. No one else was injured, but the driver, Freddie Lee Charles, 20, 250 Division Street, was cit ed for having no operator's li cense and violation of the basic rule. Police said they found 240 feet of skid marks at the scene. Of ficers said Charles was driving the 1936 sedan north on Bisbee through the fairgrounds at high speed and applied his brakes as he approached Alva. The car skidded into the bank in front of a house on Alva. The car re ceived moderate damages in the 9:40 p.m. crash, make connections from other flights. also cares for the lights and trims the tree. Bedridden patients will he vis ited by Santa. There are Christ mas trees in each building where men and women, too ill to be up, may share tlie party. It has been a wonderful pre holiduy time of preparation shared by the news room staff, knee-deep in gifts, bright wrap pings and Christmas name cards. We wish we could share to morrow with you all. Merry Christmas. David Wyatt of Roseburg. Ore., a University of Chicago student, died Dec. 4 w h e n he lost his footing and fell 500 feet down the side of a glacier. McCarthy and Payne said Ihe accident occurred while tlie three weie returning to a vil lage for lunch and rest during a picture-taking venture at the 20,000-foot-high Tashi Lapcha pass. Tlicy said they buried Wyatt in tlie mountains. The three Americans were on a private expedition to collect specimens of beetles and butter flies for Hie Smithsonian Institu tion in Washington and the Chi cago Museum of N.ilur.il His tory. Payne said the group had finhed its work around the vil lage of Namcholw.nr near Mt. Everest and was retinning to Katmandu. 16 das' march away. Whiir crossing Taslii Lap cha to Bedding Village, tlie stu dents encountered a steep ridge covered with fresh snow and slippery' in spots. Payne said McCarthy slipped and rolled 10 feet down a slope before he was stopped by a big boulder. Wyatt was alnnit 20 feet behind on tlie trail. "1 drained McCarthy up and warned David about the danger cus point," Payne sa.d. "David loudly replied that he wmikl take care of tlie place when nego tiating it. lie had heard my warning and I was sure he Portsmouth. Ohio, Junior Chamber of Commerce. Viktor Pozdneyev, 39-year-old engineer at the Moscow Mini car plant, his wife, daughter and son left Moscow Airport this morning and stopped off in London just long enough to catch a Pan American World The Pan Am jet airliner was delayed two hours to permit a number of other passengers to A visa delay in Washington kept the Moscow family in sus pense up to the last minute un til they finally left for London. For 6-year-old Olga, the long trip to the United States was her first taste of flying and she was very excited. "Are American dolls the same as ours'.'" she asked her parents before embarking. fozdneyev's son, 16-year-old Anatoly, is a soccer fan, but he is very interested in learn ing all about American foot ball. He added that he was looking forward to meeting chil dren of his own age and learn ing all about life in America. His father told newsmen: "We shall be glad to get ac quainted with the Americans living in Portsmouth. Though we have never been to Ameri ca, we have read a lot about that country and about its in dustrious, resourceful and ca pable people. We know that Americans want peace as much as we do." The English-speaker in the family is Mrs. Pozdneyev, who actually is an English teacher. "I am a bit worried," she confessed before leaving, "That our American friends might not understand my English. "The tiling is that we English language instructors in the So viet Union sometimes use such bookish English that nobody can understand us except our pupils." Before leaving, the entire family . spent hours studying maps, and reading up on the United Stales. The Pozdneyevs live in a modest two - room apartment but hope to move into bigger lodgings when something be comes available. The father has worked in the would waik carefully when he reached tlie spot." Payne and McCarthy said they proceeded slowly, and then waited for Wyatt to join them. "While expecting David to join us in a moment, we sud denly were alarmed by a deep yell from him." McCarthy said. 'The next moment we saw David's body rolling down past us on the slope, covered with snow." McCarthy said Wyatt slid 500 feet below tliem. It took 30 min utes lo reach Wyatt's motion less body. Hie twj students said Wyatt was not haltered by tumbling down tlie rough glacier slope, but his respiration, heart and pulse had slopped by the time Ihey reached him. They said two hours, of artificial respira tion failed to revive him. McCarthy said Ihey carried Wyatt's body about 500 feet to a spot on a regular trade route at 19.0U0 feet and buried it. The two said tlie accident miglK h.ic been avoided if they and Wyatt h.td been tied togeth er on one rope, but tliey did not lhmk Hie sxt they were coer mt required rope-walku)g. Wyatt s death was Ihe fourth in the ranges of Nepal this year. Last March an American mem ber of the American Everest ex pedition was kilkxl. and two Ita lians died in an avalanche last September. the Linkville Kiwanis Club at the Wlnema. Here, Santa Susie Bodens, 3, and at right, Minicar plant as a fitter since he was 17. During the war he served in the Soviet Army and returned to the plant in 1947. He is also a graduate of the Moscow Automotive Engineer ing Institute. He married his wife, Nina, in that year when she was studying at the Mos cow Pedagogical Institute. BELL'S HARDWARE SELLOUT mm ;r,;l,lnch $1188 Reg. 24.95 Model H-131 3 Amp Motor 2500 RPM Motor Driver Crashes Barriers Shortly After A 34-year-old man was ar rested Wednesday night for drunken driving after, police said, he crashed through bar riers into an area on Main Street that a half hour before had been filled with children waiting to talk to Santa Claus. Charles Wilson. 237 East Main, was booked at city jail for both drunken driving and for crashing into the barriers. A policeman witnessed t h e crash. He said Wilson was driv ing his 1957 sedan north on Main, which was blocked off by barriers for the visit to Klam ath Falls of Santa Claus and his reindeer. The policeman said the car crashed through the barriers and Wilson didn't stop until a policeman on foot inside t h e barriers stopped him. The crash occurred at 9:37 Boys Attempt To Grab Purse Alice Tronncs, 223 North Sixth Street, reported to po lice at 7:50 Wednesday night that two boys tried to grab her purse while she was walking on Sixth Street. She said the boys, aged about 14-17, had been walking in front of her, but they suddenly turned and tried to grab her purse. She held on to the bag, howev er, and the boys ran away. A minister who witnessed the incident, the Rev. Robert Groves, 705 Doty Street, chased the boys, but lost them when they split up. REPEAT OF SANDER W5 Reg. 37.95 - Fine Stanley Qual ity at Nearly Vj Price. 4000 Or bits Per Minute. TAPEPRINTER $y99 Reg. 9.95 Embosses a Plastic Tape for Permanent Marking Water Proof Weather Proof. OPEN EVENINGS TILL 9:00 P.M. 528 Main Santa Visit pm. Tlie encioseo area nan been filled with children until after 9 o'clock. . t i i Cold Sets Records In North By United Press International Bitter ccld broke records throughout the North today and sent temperatures shivering down to freezing across Dixie. Drifting snow kept roads clogged and schools closed in many sections of the Midwest. Workmen labored desperately to complete a 2.7 mile pipeline to carry river water to Spencer, Ohio. The town still suffers from the long summer drought and two reservoirs are ex pected to go dry Monday. At Muskegon. Mich., where snow piled up to record depths in record time, tlie worst ap peared over. But nearly three feet of snow was on the ground, roads were closed and schools remained shut down. The mercury dipped below zero for the seventh day in a row at Chicago, setting a new record for consecutive sub-zero December days. A Ph. TU 4-5662
