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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Nov. 21, 1955)
2 The News-Review, Roscburg, Ore. Mon., Nov. 21, 1955 Government Cracks Down Hard On Inflationary Trend By lipping Interest Rates Communist Bible Editor Changed MOSCOW The magazine Kommuniit, bible of world com Tlie chance In editors of Kom. nunist looks important. Abalin has I -1 I A.t. ay WALIfcK DKBCLfC jr. f M'lU WOIKIIIK l'aillll lldiurr litiWUIKiiiK Urrwmc, wcie irdimiif t n uiwu iiuuuicnuiiic aapcvv ui ; ample, Ku""-,l,tt on.iivo vi urnp wncii ivrvt in a ivii - JNrJVv YOKh. 'ft uncle aam ' come ny; consumers may pay m wie nm. oicei uuipui lemimaieu me iwum wi wie cuiiuiiuiiik suuri- prim vine peuci juuio icauinn 1 sunipiiuu ui me material pusucs t ZSKiyrta. j-n h;.ed as chief editor for ,, chief editors without any explana- If; ast four -a" cli r 'n uch of cracked down hard last week on hither rales on home mortgages this week at nearly 99 per cent ; age of rtw, materials. For dne ex-1 from now) have fallen to their i to a record high. inflationary aspects of the boom, i and auto loans. 1 1 his week den-1 of capacity) fell short of booming The crackdown a new and ; eral Motors Acceptance Corp., demand. The auto industry rolled tighter government squeeze on : world's largest auto-financing ' out its seven millionth car of 1955. credit found most lines of bust-jfirm, raised its interest charges.) j That compares with a total pro- ness surging ahead at breakneck Coming at this time, the credit ' duction of less than 6,700.000 cars which the magazine interpreted the s u AhM' name disappeared party me as miecieu ay me rule speed. Primary aim of the new ' clainpdown pointed up the amaz- govcrnment move: to make it ing resurgence in Business senti hardcr for consumers to go into 1 ment since the Sept. 26 stock hoek, and more expensive for busi-1 market slump that followed the nessmen to borrow money. first news of President Kisenhow- Here's how the government did ; er's illness. According to many jt: economists, business in the last Federal Iteserve banks hiked few weeks has spurted ahead so the interest rale that commercial I fast that dangerous runaway hanks must. pay on the huge sums j tendencies .have developed, they borrow from the Federal He-1 At the start of this week, the serve System. The new rate 2'i per cent is the highest since 1934, this means tnai your neignnor stock market buoyantly thrust to within striking distance of the all- timo peak it had reached just be hood bank may have to pay more j fore the President's heart attack for the money it borrows, and will probably charge higher interest on the money it loans out. Specula tors in everything from used cars and fire-damaged merchandise to stocks, bonds and real estate will CIVEN Each week, one loaf of genuine 100 hsmemodo whole wheat bread with the first $5.00 pur chaie of naturol foods, PRESENT THIS AD! ROSEBURG NATURAL FOODS 508 N. E. Winchester St. Raseburg ORchard 3-7084 (At week's end. the market da clined noderatcly on news of the Federal Kcscrve's higher redis count rate). Total business activity, after hit-1 prices were ting a record annual pace ol Mil'-j billion dollars in the third quarter, sained added momentum this month. Store sales forged ahead. Depart ment store business at latest count was a hefty nine per cent ahead of the year-ago rate. Dunijine; Alexander Smith raised & Iiradstreet said total november ! prices of its rmjs and carpels retail trade would come to l't1? three per ceint, effective Dec. 1. billion dollars, a new high for that 'Trade sources said prices of home month. heating oil would soon go up in the The steel and auto industries, I eastern part of the country. for all 12 months of 1950, up to now the record-breaker. Booming exports were reported by U.S. business leaders attending the annual meeting of the National Foreign Trade Council. Meanwhile, the upsurge in pro duction, sales and business over all had inflationary side effects. First, there was the danger that consumers buying on-the-cuff as never before might get so deeply in bock that they'd have to quit buying many consumer goods until their debts got paid off. The boom also generated an up ward pressure on prices. Steel scrap virtually important lo steel-making went up in price. headed nigner ai; the consumer level, too. Sears, Koebuck & Co. said its spring catalog, out in January, would would show price increases aver aging two per cent. Nash-Kelvin-ator announced a round of price boosts on its 1956 home appliance J THE REAL MEANING OF CHRISTMAS Billboards like this one ar being promoted across the country by the Christmas Committee, a civic group at Davenport, Iowa. The group hopes to encourage a reverent observance of Jesus' birthday by Its program to "Put Christ Back Into Christmas. Billboards are idea of Rev. Edward L. lew at St. Ambrose College at Davenport. MOM WHIR! I llt- NOTHIN0) DOtl M UK I siviH-uei 4ft o Roseburg High School Honor Roll Is Released The honor roll for the first nine week period of school has been re leased by Hoscburg High School. Those having a grade point av erage of J.O were: seniors, Sharon Lander and Delberla Simonson; son; seniors, Janet Dunn and Jan el Lewis; and freshman, Linda ieal. Olliers on the honor roll are: SKNIOHS: F'atr.rla Hiley. Barbara Vne, Karen Halladay, (Jail Lorpnen. Ri Sail I'auMnn. Duaim It add a ti, riiarlne Bnvlti, Hob Brnclly. Carolyn t'ornilwn, Hub Oddea, HercliM Kelly, KpnntMie Kirk. Curl it Kacki-n, Nancy Sullivait. l-olela HuHl, Brverlv Ewena, Jnck. rUfton. Delorui Garret l, UeKila Uilkrson, Carol Hunier. Irrne llnndt, Frank Hurdv, 1-arry SctHleld, Sar Skinner, Itarbare Van. Nancy Wwd. Hotn-rt Br'nnpa. Jamea Cotn Jr , Uail Currier, Pat Unify, Clara Hattjargrn, Canity n Holly man, York Edward tlv- dorn. Allen Llndbloom, Kdward Ltndell, Yvonne Muller, Joe Sand, Judy Sladler and Marv Fat Williama. S'M'HOMOHK.S; juny Mruaniei, non lid Mujciferud, Sharon Peppla, Carolyn Sinclair, Dixie Wootnn. IJorii Blakely, Marjorie Howker. C"barlelne Cavin. Kib trl Cornilwn, Kellh tldy, Jean Clb hom. Thelnia (.reenfield. Gloria Bliu, Judith Crow, Janta Toier. Gayle Geddea. Ona I. ilea. Hlchard Meredith, (ienevieve Murphy, Nanry Myera, Ulann Sheelt, Itlta Sutton, Jociy LorKrum, Kooen riea, Rfiae Marv Jeiitilnxa. Hubert, Johnson nd Patty WlllhnU. JUNIOHR: Anna Brompit, Betty Kniyht. Charlene MrClain, fftrjiv low- iMI, juay woiia, joe iiBiiitidrK, ram Hnnann, (;eoi Kranria Kuhn, Gene Mark la. lUtiinr Millar, Sharon Minion, Har bara McCrorev. Nnntia Nelwm, Pa lay Schemer. Cnrleen felker. Sally TraU- Ann Roblmon. Sharon Utland. Connie Bridge, LaVell i;iadwlll. Bill Kelley, Janit-e Kelley, Carolyn Jackton, Joleen Lyclo, Hobtn Springer, Kay Sproul, Bar bara Upright, Evangeline Chapman, Forest Crawford, D'iii flarpe, Victoria Iehman, Earneit McCardia, Virginia Po cork, Bonnie Hoai k and Joan Walker. FI(F,SHMFN; Stephanie ling. Jer emy Halladay, Sally Hill, Janet Martin, Maxine Spear, Allyn Ford, Bonnie Lee Jonea, Sharon Lyoni, Marilyn Martin, Barbara -Miller, l.ee Ann Norm, 'leddy K. Sob n, Nancy Stewart, Marilyn Todd, Shari Akera. Shirleen Cottrel. Ton Hel Ttioiiia Lindell, Patrlria O Mara, Moya Schaerer. Nancv Barker, Mike Blom qunt, Stanley Brown, Sandra Bucking ham, Kendelle Cairn, Sutan Chit wood. Deanna Hi! worth. Alice iiimtlton. Jerry I lira I. v, Gilbert Langholff, Donald Miller, lleanna Payion, John Puttman. Jo Ann Neverton. Thomas Tomahek, Sue White. Sharon Wicki, Linda Di I worth. Carolyn Btbler, Mary Clapperton Byrdie F-l-liott, Carmen Crikine, Donald Green, Arlene Horton, Wayne Hutchini. Jean Lether. Darlene Lewetlyn, Donald ltonil, John Nordling. Wintora Paul. Deanna Pugh, Fay a Reeder and Alice Kathleen Booney. Man Arrested To Face Bank Robbing Charge ' in ' i ii -I'aM'aajaqwaajjeapwp briXCf . . I i .i i ,.f tha maun. Ol MalUl. YZ? in ii, la e t iue and was The lom.i.unist Party has made epla ed by Z M A SL Rum-much ..f the point that .t i, em- lant'ev Under the ual Soviet l.rac,n the undamenta tenet, procedure it mav be assumed Leninism in these post-Malin days, E.a,l"dehm,ebden "'"" " ' .'rThirtt o7l, Z As the official theoretical jo.irnal purely Stalinist elements from im- of the Soviet Communist Party, porlant party positions. Kommunist is the most important - general publication of world communism. SWIM SWARM Men of the heavy trulser I'SS Dea Moines swarm t swim call In Souda Bay, Crete, as Sixth Fleet warshipa anchored or? the Greek naval base while fiia and senior orBcera attended a critique on the naval aspects of NATO exercise Bed Trident H. Baltimore Parks Stripped Of Racial Barriers BALTIMORE Parks and recreation facilities under the jur isdiction of the city's Board of Recreation and Parks have been stripped of racial bars by board action. James C. Anderson, president of the board, said the action was ta ken to comply with a U. S. Su preme Court ruling of Nov. 7 that racial segregation at public beach es, parks and other recreational fa cilities is unconstitutional. The Supreme Court ruling up held a Fourth Circuit court ol Ap peals ruling handed down in Rich mond. Va., last March. The Cir cuit Court ruling reversed a U. S. District Court finding against Ne gro groups seeking an end to seg regation at a state park near An napolis and at a beach operated by the city. ESTHER'S BEAUTY SALON Stcond Street, Myrtle Creek PHONE 185 Evenings by Appointment BAN ON HOARDING TAIPEI. Formosa Lfl A formal ban against hoarding and specula tion in foodstuffs was announced bv Formosa's provincial govern ment this week. The penalty is a fine and Imprisonment up to three years. yrWALLPAPER Loraeit election In tht State of Oregon WALLPAPER IN STOCK 50e per S. R. DRAPERIES 4-FHU.ER PAINTS CONTRACT PAINTING FREE ESTIMATES On any decoroHnf problem, coniult an jg'OR 3-609)V3ra er Sir So. Sueh.m Si. No Wonder Mothers Love THIS RELIEF FOR SUFFERING OF COLDS Does More Than Work on Chest Nothing works like Vlcks VapoRub-the proved medi crfuon that acts two ways at once. When you rub It on, Vapo Rub quickly relieves muscular soreness. At the same time, medicated vapors bring relief with every breath. Soothing medication trav els deep Into your child's nose, throat and large bronchial tubes. Congestion starts breaking up. Coughing eases. Warming relief comes, lasts for hours. So when colds strike, de pend on V8CKS V VAPORUB Vieat and Vapeftub arc Xeo. Trade Mtvfct, MV te Horn, l.ecme Kelly, riiinn DUne Mven, Cilmlyt Mt-Criw Days Creek District 15 Census Figures Higher The Days ('reok School District 15 census of children a no 4 llirmih 2 lol.ilcd 320, acconhn! lo fit-urns compiled by Supt. Alnrlcn Yoder. The census report was made by Archie teriison Corvallis' Acute Housing Problem Is Given Study CORVAI.US Ifl Corvallis lias an acute housing shortage. Oregon State College officials and the Chamber of Commerce studied the ronlem and reported no early so- In bottlei only PORTLAND i Tilmon B. Benson, 35, was arrested Friday at De Queen, Ark., and charged with the $r7,5(M robberv of the Inland Kmpire Hank at Umatilla, Ore., last Aug. 22, loscnh V. Santoiana. aaent In chiirnc here for the Federal Ru ! Uilion reau of Investigation, announced Information on the problem was the arrest by KM agents. He said ! assembled at a meeting of the Benson would be arraigned Friday j lw grouiw, H was brought out that at Trxarkana, Ark., and then re-lover 1.000 about a sixth of the turned here. : 6.153 students now in school are Benson was living a( Crandview, living off the campus in some type Wash., prior to the robbery, San- of accommodation in Corvallis. It toiana said. He added that a sec-! is believed that number can be ond man still is sought. adequately handled under present Two armed men entered the conditions. Supt. Yoder said the predicted hank shortly before noon on Aug. j However, a minimum increase school enrollment for next year, 22 when only three women em- in enrollment of 10 per cent over would be around 290. Hp said the . ploycs were there. in present student body is expect- total would include around 250 from I One man stood guard at the door. ! ed next year, and for every 500 District 15 und an estimated 40 His description matches that of new students an additional 40 staff high school students from Tiller. Benson, SaHtoiana said. The other ; members are necessary. The census report includes 14 'man scooped $57,500 irom tills and j There is no indication that any persons in the 18 and 19 y a r i the vault in'o a brown piper bag, : If rge-scale housing is planned in bracket and 55 in Ihe 4 and 5 year 'then locked the women in the Corvallis. either of multiple dwell aue level. 'vault. ings or single units, and a survey A short lime later a customer j of real estate dealers indicates entered, heard the women's i there are no rental units available, screams, and called police. Dr. A. I.. Strand, president of The man who scooped up the OSC, said final plans for a new money, described a young and red l,n on the men's dormitory on the For A Quicker, Easier THANKSGIVING DINNER! BE AS mi AS A IIP USE NEW SERVICE'S THRIFT SERVICE 24-HOUR SERVICE WASH-DRY-FOLD 10-!bs. or Less Additional Poundage 9c lb. DAMP WASH 10-Ibs. or Loss 99 6? Additional Poundago 6c lb. Phone OR 3-8362 OR 3-6296 FREE PICK UP AND DELIVERY haired, still is being sought. Will Of Piano Dealer Changed To Include Son SPOKANE m The unusual I will or a Spokane piano dealer, who left $1,000 lo his dou. $25,000 for a mausoleum and money for a brass hand to plav at the campus are now lieins drawn, and lh.it an additional women's unit might he financed. They would house about .110 men and 100 wo men. However, they can't be ready for two years, he said. To adequately take care of the expected increase, he said, work should be underway now for space lo care for 1.000 men and between 400 and 500 women. He said the mausoleum dedication was altered 1 rolleBe plans to cn shesH nn nlan by court order here. i for units to house married stu II was chanKcd to include a dents, but whatever can be done $2.".000 settlement for a 16 year-1 will be far below requirements, old bov who claims he is the son' har"roPsiil"0rd"alt'r' R0i"n B"nSun Po" For Oregon The boy. Hobert B. Wilson, con- Said To Be Long Time Off tended Oslund recosniied him as 1 PORTLAND W - It will be a his son dur,n his h e. paid hos- Ion8 Umf Mo ,,, b pital bills and contributed to hi, , pracl((.a m J (; u support He wasnl mentioned in ,.. ptar50n, Salem lwrn co inventor fv iw i- i. . . , lof lh "rst usable battery, said Oslund s will provided for $25-.here 000 for a niMsoleum in North He told local telephone ensineers row River. J inn and stipulated ith,t sun power w, 1 he expensive that his casket shoud he placed for com(.. sinc(! )reson in such a way thai Ihe sun would has ureal w.ier n,.r day. His estate was valued at excess of $72,000. DEAF MUTE BLINDED CASKKTA. Italy Antonio Orsi. 20. a deaf mute since birth, found a World War II shell in the woods near t'aserta. He was playme with the shell, authorities smd, when it exploded. doctors said Orsi will be blinded for the rest of his life. he m the last to adopt sun power, sain. It may become Important, how ever, for backward lands or places where ordinary power generation is expensive, Pearson added. Another Hell Telephone Co. sci entist who helped develop the solar battery was expected in Portland Thursday. He is Uaryl Chapin, also an ex-Salem resident. Both are Willamette I'niversily graduates. USE OUR CHRISTMAS LAY-AWAY PLAN 1.00 Deposit Will Hold Selection til Dec. 23 Choose Now For Best Selection GET YOUR FREE COPY OF THE TOY CATALOG Open Daitr 9 30 a.m. to 8 p.m., Sunday 9am to 3pm FAIRHA VEN VARIETY 7 FaHtHAVM AVL (lit 01 3-4 51 2 fa t&fflHS Brown 'n Serve ROLLS Evaryont will agrea tha Thonkigtving faait iin't complete without fresh, hot dinner rolli. Making them wai quite a chore in grand mother's day. Now you just pop Pattanon'i Brown 'n Serve Rolli into your oven minutes befort you're ready to ear. They're dona In just 7 minutes! Delicious? You bet! And easy to prepare? What could be easier? Your gro cer hot them now for your Thanksgiving dinner. And remember, you need not use them all im mediately. Brown just the omount you will need; the rest will tray fre.h on your shelf for several days, 2 weeks in your re frige rotor, indefinitely in your heme freezer! Get sup ply right now for the holidays. 8 KottS STUFFING BREAD Here's another time and work saver. Patterson's Stuffing Bread is baked with all the necessary spices right in the loaf. No fussing with a lot of spice cans, no guesswork. It makes the mildly seasoned, delicious dress ing everyone likes . . , every time. Make dressing preparation a breeze this Thanksgiving with Patterson's Stuffing Breod. See the smiles of satisfaction when your family tastes it. LOOK FOR THESE PATTERSON'S BAKERY THANKS GIVING SPECIALTIES NOW AT YOUR LOCAL GROCER'S XasMstsnaseesss issasBswlsMF
