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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Aug. 10, 1955)
8 The Nawi-IUvitw, Roseburg, Orw Wf, Aug. 10, 1955 Navy Recruiter Tells Plans For All-Douglas Squad Robert E, Lang, Navy recruit er in Roseburg. has announced plans for an all-Douglas County recruit squad. A group of enlistcei lo include only uoueias county personnel will be enlisted Aug. 22 and will leave for recruit training in San Diego, Calif., the same day, Chief Lang savs. Enlistees In this company will: stav together to comolete recruit i training together. Chief Lang re ports that a number of men for this group have already applied for enlistment. He said, however, that nlentv of openings arc still to be filled by qualified men. Hish school graduates who qualifv may be enlisted directly as electronics, aviation or hos pital recruits, Lang said. They are guaranteed specialized Navy schools after completion of the re cruit training. Applications for this special group must be made be fore Aug. 18 to insure completion of all enlistment papers, Lang said. To apply men must contact Chief Lang at the Navy recruit ing office in the basement of the Douglas County Courthouse. The telephone number is OR 3-8384. Mother Plan Drops Rocket After Explosion EDWARDS, Calif. W-An ex plosion rocked the world's fastest rocket plane seconds before a mother ship was to release it high above the Mojave Desert. Research pilot Joseph A. Walk er, 34, scrambled up into the moth er plane, a B29, and Ihe rocket plane the stub-winged Bell XIA was dropped, pilotless, onto a bombing range from 30,000 feet. An Air Force spokesman said that Ihe B29 was unable to land with the damaged rocket plane hanging from its belly for fear the rocket, still carrying highly vola tile fuel, might explode again. The blast occurred Monday 70 seconds before the B29 was to re lease the XIA on a test flight above Edwards Air Force Base. Business Holds Scorching Pace, As Administration Tightens Screws On Credit NEW YORK I Business held lo a scorching pace last week. The administration, scenting an in flationary threa., tightened the screws on credit. The new squeeze on credit means that you'll find it harder and COUPLE TAKES LIVES BOWLING GREEN, Ohio W-An ailing, pajama-clad man and his wife walked arm in arm into the oath of a speeding express train Monday night and were killed. In their car near the tracks was found a suicide note saying, "We can't stand it any longer." Killed were William Martin, 63, and his wife Louise, 61, of Dun-bridge. Stock Market Set Back In Strong Selling WaVe NEW YORK Itf-Slock tumbled Tuesday in a selling wave that set the market back sharply. Big name stocks were hit hardest, and losses ran from 1 to around S points in significant areas of the list. Such heavy losses weren't uni versal by any means. The list was flecked with small plus signs. Volume mounted swiftly as the selling spread and came to an estimated 2,200,000 shares. Mon day's total, when the market also was lower, was 1,730,000 shares. The market opened moderately. In the second hour, Chrysler and General Motors came under selling fire that gradually spread through out the list. Down along with the principal motors were the steels, railroads, oils, coppers, rubbers, chemicals, aircrafls, airlines movies, and the electronics issues. Some higher priced stocks suf fered heavily including U. S. Gyp sum, International Business Ma chines, Reynolds Metals, and Santa Fe. more expensive !o borrow mon ey. That's the case whether you plan to buy a car "on time," get a mortgage on a house, or borrow millions from the Lanks for in ventory accumulation. Announced intention of the credit move: To keep the boom from getting out of hand, and to fore stall another postwar round of run away price increses. One top ad ministration official put it this way: "The business boom is getting pretty exuberant. It's the consen sus of the economic and financial side of the administration that the government should exert some ef fort to keep it orderly." The exuberance of the boom was blatantly apparent almost any where you wanted to loolr The steel industry, whose payroll hit the staggering record total of nearly 298 Vi million dollars in June, scheduled operations this week at 94.4 per cent of capacity. That should mean an outpouring of 2,278,000 tons of steel. Electric power output at latest count was the highest for any week in history; automobile production, although down from the previous week, was still a good 40 per cent greater than a year ago. Soft coal production in the latest week was up nearly 28 per cent from last year; freight carload- iags were up 16 per cent. Dun & Bradstreet said retail trade smashed all mid-summer records. There were other boom signals. Chrysler reported record sales for the first half-year and a four-fold jump in profits. The nation's 126 biggest railroads disclosed that their combined earnings for 'he ! first six months were up 79 per cent from a year ago. Army Officer Denies Erwin Coerced Him FORT LEWIS. Wash. - An Army officer called by the prose cution Friday testified in behalf of the accused and denied one of the Army accusations against Lt. Jef ferson D. Erwin. Lt. William H. WTiiteside, 33, Se attle, told the nine-man court martial trying Erwin, that Erwin did not coerce him into signing one of the Communist-sponsored "docu ments while they were in a North Korea prisoner of war camp. He testified that Erwin ap proached him after he had refused to sign the peace appeal, but "I was convinced Jeff had my welfare at heart," One of the Army accusations against Erwin is that he attempted to coerce Whiteside into signing one of the petitions by telling him he might not get home alive if he did not. The First National City Bank of New York toted up the first-half profits of 734 major corporations. The tally showed a 31 per cent gain over their combined first-hall earnings last year, Construction boomed as never before. The Commerce and Labor Departments reported that build ing activitiy in the first seven months this year rocketed to an all-time high of more than 23 bil lion dollars. Highways, homes, stores and office buildings set the pace. - Pressures generated by tne stepped-up pace of business made themselves felt in two familiar forms: shortages and rising prices. Appreciation Expressed For Calm During Building Appreciation for the forebear ance of the public and of neigh boring businessmen during the months of construction of the new Newberry store was expressed by Manager Hap Linville. He said: "We have regretted the inconveniences to pedestrians and to traffic, the noise and general confusion. But it was unavoidable, and now that the job is done, we feel sure that Roseburg will agree that the fine new store was worth te trouble." Price hikes were announced by producers of aluminum, steel scrap, auto tires, Canadian crude oil. Meanwhile you could find plenty of exuberance among consumers they were buying at a record clip, and going Into hock to do it. The Federal Reserve Board reported that intallment debt skyrocketed in June to an unprecedented high of nearly 25 billions. On-the-cuff buying of new automobiles ac counted for most of the rise. 60 Determined Men Will Try To Save San Marino DETROIT UP Sixty determined men set out Tuesday on a 3,000 mile trip across the Atlantic Ocean to "save San Marino." The rescue was intended by way of the ballot box. Time was short. The election is Sunday. San Marino is a tiny nation of 14,000 population in the heart of the Italian Appenine mountains. It is under Communist control. Some 44 Detroiters, all immi grants from San JIarino and still citizens of the little country while their U. S, citizenship applications are pending, aim to try to vote out the Communists. . Sixteen other like-minded ' San Marinoans of New York are to join up with the Detroit group in New York Tuesday night, and they'll fly to Italy. On Sunday, they'll all vote, against the Communists and in favor of the anti-Communist Chris tian Democrats. Humbart Mularoni, Detroit, a backer of the expedition, reflected the group's confidence. Mularoni can't go. He's a citizen of the United States. He came to this country in 1919, enjoyed its freedom and became successful in business. "Because there are so many vot ers in America." Mularoni said, "it is hard to believe that these 60 voters can turn the tide in San Marino." f However, he said, in the last election in 1951 the Communists had a majority of only 120 and that now can be offset. In addition, Mularoni said, the "propaganda value" of the trip may help bring out San Marino voters who heretofore have accept ed Communist control as "inevitable." HLATO We, the sub-contractors and suppliers of material, offer our sincere con gratulations on the completion and grand opening of your beautiful and spacious Roseburg store. We also wish to extend a most cordial welcome to our community and wish you every success in the years to come. ELECTRICAL WORK AND LIGHTING Trowbridge Electric 136 North Jackson Ph. OR 3-5521 INSULATION AND MISCELLANEOUS BUILDING SUPPLIES Coen Supply Co. Floed and Mill St. Ph. OR 3-4461 PLUMBING, HEATING AND VENTILATION Harris Plumbing & Heating 805 South Stephens Ph. OR 3-8173 EXCAVATION OF BUILDING SITE Henry H. Miller Highway 99 South Ph. OR 3-4723 WINDOWS, STORE FRONT, ALUMINUM ENTRANCES Roseburg Glass Co. MASONRY Roswell L. Myers 729 Miller Street Ph. OR 3-5178 746 South Main Ph. OR 3-7545
