The Crossword Puzzle For Today
U.S. President
Answer to Previous Punle
ACBOSS
1 Ha defeated
the Indians
at Horseshoe
1 I
DOWN
1 Thailand
money
2 German river
3 Roman
emperor
Present
His nickname 4 Resign
was 5 Heated
Hickory" wiped out
J2 Awry i . 7 Fury
13 Spoker. 8 Choose by
14 American poet ballot
15 His home is 8 Detective
iHipii ikii
US2 IIlIEgMS
24 Trading place 4S Play '
25 Star 45 Stage whisper
26 Overwhelming 46 Vehicles
called "The
ii
Sea eagle
Three (Fr.)
Makes safe
Big book
Musical
syllable
Flightless bird
Style
Upon
His first name
Wish
Venture again
Football team
Decorate
Italian capital
High
transportation
Spanish here
Mother i
Set
Emit
Mohammedan
name
References
Grande
Dutch painter
Trifle
Descendant
Italian city
Feminine .
suffix
10 Learning
ll Lairs
16 Chemical .
compound
20 Enzyme
22 Grass cutter
in teres
26 Dropsy
30 Russian city
91 Cages
33 Asiatic plant
35 Gum resins
40 Egg dish
47 Medley
,8 French Islands
50 Smut
61 One
52 Famous
Italian family
55 Swiss canton
i z TTT la Is H Ii I 16 lio Hi
iX ii u
& IT 17
15 : Wfi
1 1 grrng
24 H a gpr p Qgiir3r
55 ; Hp"' ' :
55 nirjir- r n
irp" n ?r i6i (52
si --5T T- -
55 57 BT
S5 So 51 :
I I I I I I I 1!
NEWSPAPER BNTBBPSUSB AJIIf.
Illness Hits Several Galapagos Colonists
LOS ANGELES (AP) - Anoth-
er hardship has struck the ship
load of colonists wno are trying
to reach the Galapagos Islands.
Citv Health Officer George M.
Uhl said Tuesday about 20 of the
colonists on board their ship at
the harbor here have been strick
en with infectious hepatitis, a
liver ailment.
Dr. Uhl said 'it was necessary
to hospitalize a 35-year-old wom
an, a 16-year-old girl and a one-year-old
baby.
" They were taken Monday night
from the colonists' ship Western
Trader, docked at Los, Angeles
harbor, to the county general hos
pital for treatment.
The health officer said Immuni
zation has now been applied to
oj persons aboard the ship.
"With people living together in
such closo quarters of a small
ship, it is quite possible that other
members of the party may also
Decome infected, Dr. Uhl said.
The colonists who started out
from Seattle have been waiting
here for several weeks, living on
their ship. They have been delayed
while waiting for visas to arrive
from Ecuador.
FROM NINE TO FIVE
By Jo Fischer
is si L
"My, Mr. Phiscal , . . your boy has certainly grown."
0 tima jjh 1 Please b r
P f .is to the ait;. J jvery where, y jtrivewith care ja child to sparely g
. fltiy 'wmirit,-y J"" vifrrBP tlpV 1 I THIS- LEAP ALONE.- MAYBE- INSURANCE COMPANY THAT 1
ljl
J IF L DIDNT. . fYou'LL-ROASTUPON I TilioT ME ' I f-IU COOLASA CUCUMB6R.')
II r HAVE SO MAMV THE STAGE IN THAT VOI riC .
ill FRIENDS 6RADUAT- GET- UP, CHUCK f 1 r?"- ' -V
ITlhJktiife; VOUR PRISONER, .. WRfi MSf NOW, BRUNNEHILD My RfeMiH
II iillt EH? OKAY! IM J WOW Wiir A ?1 DEAR. HERE COMES JmWm!llt
j
i r okav drivers m'V'-"-551! f cflrsH TniTo rTkfz mm MASJj5 1 lT proves
T f SraF H IrCTl ' REVERSE!.' A'A t ' THCT PROVE HE'S J ON TO THE J
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NEW YORK CAPl Tnlav
the day that those who pay their
federal income taxes on the in
stallment plan must ante up the
second round. It's also the dav
that comorations have a similar
bie date with the Internal Reve
nue Service.
Uusuallv .thev borrow heavily
from the banks to meet the cor
porate income tax payment date.
But this time something new
has been added. Banks report
little upsurge of business borrow
ing. Corporate treasurers seem to
have enough cash on hand to go
in tne u.5. Treasury weekly bill
auction and bid strenuously. Tho
91-day bill rate fell to a yield of
2.292 and the 182 bill rate to 2.497.
It was the fourth straight weeklv
drop in this prime indicator of
short-term interest rate trends.
Money is easier. And interest
rates have been falline most
places except at the commercial.
oanKs.
This in time is ' exDected t
boost business and to make things
more pleasant for - individuals
wanting to borrow.
But in the case of industry
there could be other reasons than
current easing of credit why so
many corporation treasuries find
themselves flush and also why
they might prize particularly this
week's two treasury bill issues.
Reasons given for the stronger
cash situation in many businesses
include the switch away from in
ventory buildups, thus tying up
less of their money; the drop in
profit margins and in earnings,
particularly in the current quar
ter, which may mean that many
corporations will have to pay less
of an income tax today than they
thought wnen tney starteu plan
ning for it earlier in the year;
and possimy that many, looking
beyond plans in progress, see less
need later on for cash to put into
new plant and equipment.
The two Treasury issues tills
week also have a certain tax al
lure of their own. One comes due
Sept. IS, handy for the next tax
payment. The other comes due in
time for the Dec. IS installment.
The issues thus take the place in
the corporate treasuries ot the tax
anticipation issues which the
Treasury has often put out, out
didn't this time. The bills will give
the companies a return on their
money while they get ready for
the next tax dates.
The easine of monev rates has
bean going on for some time.
Business hasn't had to borrow so
Second Round Payments Due To
For Installment Plan Taxpayers
much this year from the banks.
The Treasury, operating near a
balance, hasn't , had to borrow as
it did a year ago when it was
running a .huge deficit. Home
builders haven't been seeking as
much mortgage money.
And all this time funds for. lend
ing have gone on building up from
the usual savings sources and
from the pension and other funds.
The Federal Reserve ' Board
made the drop in short term in
terest rates official by cutting its
own charge to member banks to
3Vi per cent from 4 per cent. In
the wake of this cut came further
lowering of tho rates finance com
panies pay for loans and yields
on other forms of short-term busi
ness and bank paper.
The banks themselves have been
holding their lending rates at 5
per cent and higher because they
say they have most of their lend
able funds already at work an-1
that their cash position doesn't
encourage further loans, so rate
cuts now aron't in order. But out
side the banks money is definite
ly easier. ,
Early Action Seen On'
U.S.-Japanese Treaty
WASHINGTON (AP) The
Senate Foreign Relations Commit
tee gave speedy approval Tuesday
to the new U.S.-Japanese security
treaty.
The treaty was approved with
out a dissenting vote in a closed
session that last only 20 minutes.
The action cleared the . way for
sending the treaty to the floor of
the Senate for ratification.
Committee Chairman J. Wil
liam Fulbright (D-Ark) has said
he hopes the Senate will ratify
the treaty in advance of President
Eisenhower's arrival in Japan
June 19.
The treaty was a spark that set
off -anti-American rioting in Ja
pan. The Socialist Party there
wants Parliament dissolved to
prevent automatic Japanese rati
fication Sunday, so an election can
be conducted with the treaty as
an issue.
McKENZIE PASS OPENINS
SALEM (AP) McKcnzie Pass,
in the Cascades between Eugene
and Bend, will be re-opened June
24, the Oregon Highway Commis
sion announced today.
It has been closed by snow
since Jan. 8.
Wee?., June 15, 1960 The Newi-Revlew, Roieburfl, Ore. 13
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BURMESE LANDMARK Worshippers ,
approach the entrance to Shwe da gon Fagoda in Rangoon
Burma. It is one of Asia's most spectacular landmarks.
us , - ,; miles
S- Cu" ' M"!e CUBA 0 300 1
:.
BRITISH ' ' '' . - .".
Tir HONDURAS
ISTHMUS l S PANAMA
'Sri
GUATEMALA 'L NiJdJ
SALVADOR C??
- j fiadlic Ocean b COSTA "
- IjuJNcwmiapl RICA
RIVAL TO PANAMA An old dream of building a canal across
the narrow southern part of Mexico has been revived. Petro
leos Mexicanos, the nationalized Mexican oil industry, has
begun study on the project. Newsmap shows the proposed route
' of the half-bllllon-dollar deep-water canal which would be 133
miles long (Panama Canal is 50), connecting the Gulf of Mexico j
with the Pacific Ocean. Plan was originally conceived in 1871.J
STORE OPENS ONE HOUR EARLIER AT 0:30 A.M. SAT.
31l-- : Til
BONUS GIFTS ' first fiftv children who purchase Father's Dav alfrs
SALE STARTS THURSDAY! will receive metal money clips to give Dad FREE! Saturday Only.
Textured
.Fabric
T
I
E
S
$
1
Gift
Boxad
OLD SPICE
GIFT SET
1 00
Traveler Set.
After Shave
lotion and tal
cum with Old
Spice fragrance.
MEN'S TRAVEL
ALARM CLOCK
4.07
Genuine leather case in
reptile or Morocco grain.
40 hour bell alarm move
ment, luminous hands.
LEATHER
WALLETS
1.
to 1.98
MENI Put your money on
and the saving in these sup
ple, good-looking, long last
ing lambskins with inside
zipper compartment. Tan,
00
TIMEX SELF-WIND
WRIST WATCHES
Prices
ot
Start
6.95
tax
plus
"VISCOUNT" solf-wlnd.
Gold-tone case, stainless
steel back. Radiolite dial,
sweep second hand.
lips
MEN'S SPORT
SHIRT & TIE SET
2.98
and 3.98
Cool, washable rayon
challis shirt and tie. Long
or short sleeves. White,
tan, blue. S M-L-XL.
IIEW-L00K
CHAIR
888
In- bronze or
black-finis!)
metal; vinyl
upholstery.
Hourglass- 2 for 14.77
style anna.
:-,iiy.
24-Inch
2-WIIEEL
BRAZIER
Bronxe
$a95
Super-sturdy, heavy gauge
steel with crank to raise 01
lower 24 circular grill.
Rolls where you want it A
Newbfrrv nperial value!
BONNIE BURNS FIRE BOX 4QC
Sure start every time. No briquets needed
FREE FREE FREE
Reg. 2.98 Lounge Pad Free
with Purchase of Chaise
ALUMINUM CHAISE
Folding chaise lounge adjustable ''Mil
to 5 positions. Aluminum frame B Mil
with Firestone Velon webbing. 72" I M
long, 2314" wide. Durable, com- I M '
forlable, practical, handsome a &
great Newberry bargain! e9' '5.98
SMOKING STANDS t Aft
Classic styling, smart, modern. Brass finish. K VK
Also mony others. w
FOOT STOOLS O CT
Wrought iron, vinyl covered in smart colors. J
Reg. 6.98 value, each . Mm I
Ifl om O FRIDAYS
TIL
9 P.M.