Herald and news. (Klamath Falls, Or.) 1942-current, December 19, 1963, Page 4, Image 4

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    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