Observer, L Grande, Ore., Wed., Dee. 10, 1958 page 7
LA GRANDE
Established 1894
Dally Except Sunday
La Grande, Oregon
riibllshcd Ily the Orondo Rondo Vnlley Publishing; Company
F. 10. WnybrPt, Trrsltlftnt
IMY C. ANDERSON
CHOIKiE 8. CIIAU.1S
II. E. 1'llll.BV
.... Editor & Publisher
Adv. Director
Managing Editor
Member Audit Uiiionti of Cirenlaiicm
United frt?ss I'Sill l.i'ased Wire
WRST-HOI.IDA Y CO., INC. NntlnnHl ' Reiirrspntatlvra
l.cia Angeles Ran Francisco l'orllarul RpfiMlt Denver
Npw York ChlouKO--Dfttrolt
SUBSCRfPTION RATES
By Carrier
By Motor Route
1 Month
0 Months v.
1.25 Month
1.40 Month
BY MAIL
. 1.25 3 Month
.. 6.50 1 year' ...
15.00 Year
Hi HO Year
. 3.50
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Kllteriit n.i S'.'OOlKl CIh.xm .Mntti-r nt the l'ol orrln- of l.n
(Irinde. Oregon Under (lie Act of .Miiroh 8. 18M.
Railroad Urge-T9-Merge
Talks of railroad mergers throughout the nation
appear to have been triggered, hi part at least, by the
plan to combine two of the biggest: roads., the New York
Central and the Pennsylvania.' The plan was announced
over a year ago. i
The Atlantic Coast Line and the Seaboard Air Line,
two large Southern routes, are studying "the possible
advantages of merging," said ' their presidents on
Sept. 29. Both roads are making a profit, but in addi
tion to parallel trackage they how maintain separate
facilities stations, repair shops, and freight yrrds in
cities such as Norfolk, Va.; Savannah, Ga.; and Jackson
ville, Tampa, St. Petersburg, and Sarasota, Fla.
The last session of Congress had emphasized, the two
presidents noted, that the possibility of rail mergers
needed to be explored. The emphasis came in connec
tion with the Transportation Act; 'of 1958. This measure'
fell short of the recommendations of the administration
and the expectations of the industry.
In .'particular the two presidents had in mind, evi
dently, a report of a Senate Interstate and Foreign Com
merce Subcommittee. The report complained that rail
. roads had not "been sufficiently- interested in self-help
in such matters as consolidation and mergers ... joint
use of facilities . . . reduction of duplications in freight
and passenger services" ; and other respects.
Presidents of five New England '.railroads met in Port
land, Me., on Nov. 13 to discuss whether their lines
could be consolidated into a single' system. The roads
were the Bangor and Aroostodk'; Boston and Maine;
Maine Central ; the New York, New Haven, and Hart
ford; Rutland. A corporate malTiage between the B.
and M. and New Haveir has been on ah on-again, off
again basis since early 1954. '
' Then on Nov. 19 AVilliam White, president of the
Delaware and Hudson, confirmed that. seven Eastern
railroads were considering a merger to counter the
.proposed-one 'Of the Central and the Pennsy. These
seven were the Balitmore and Ohio; Chesapeake and
Ohio; Erie; New York, Chicago,, . and St. Louis; Lacka
' f Wanna'f -Readmf ; and the D. and H. :. -
Meantime, oh Nov.' 10 'the Suprehie Court of Missouri
handed down a decision m'uch'.tQo complicated for a
brief analysis, supposed to make easier a Southern Pa
cific move for full control of the' St'. Louis Southwestern
(Cotton Belt). . " :
Railroad mergers require approval not only by stock
holders but also by slate railway commissions and the
Interstate Commerce Commissiqii.' The I.C.C. on Nov. 14
ordered the St Louis-San Fran,cjsco to divest itself of
control of the Central of Georgia within 80 days. The
order stressed public policy less than the Frisco's failure
to get I.C.C. approval before acquiring the Georgia com
pany. . ;;; ;"v ;.- -
For rate .''structure -purposes the nation already is
divided into three principal classification systems. And
the urge-to-merge among big lines could bring about a
fimilar consolidation into three or only a fewmore
gigantjc regional systems.
Government operation of the railroads in World War
I, with all the financial loss, pointed up the importance
of a unified or at least coordinated transportation sys
tem.. So Congress in the Transportation Act of 1920
gave its blessing to consolidation projects that would
result in a limited number of regional systems. But the
industry until very recently lias been reluctant to take
the consolidation ball and run with it.
Barbs
It would bernice if paint concealed the years on an
auto as well as it does on a girl.'
It's sort of silly to waste time on people who are
always hard to please. ;
Side Glances
' , y P'
n-n '
T.M. .t u.l. Off.
ft mil, a .,,, i.
Women Found In Top Business Jobs
By ELMER C. WALZER
UPI Financial Editor
NEW YORK (UPD The Greek
poet anil playwright Sophocles,
who lived nearly 2,500 years ago,
said, "A woman should be seen
and not heard."
That's been twisted around to
apply to children but it has been
descriptive until not so many
yours oho of women's place in
industry.
Now lhinH are different anil
women are jusl about everywhere
in industry and finai.ee except as
members of the big stock ex
changes.-
Strangely enough, no women
have ever applied for member
ship in the New York Stock Ex
change. The exchange's constitu
tion doesn't bar women, but that's
no sign it woidd be easy for one
to get into the organization'.
Requirements for membership
on the big beard are simple. A
person must be over 21 years of
age, in good health, and in Ihe
securities business. The last is a
rule not in the constitution. A two
thirds vole of the governing com
mitee is necessary for approval.
And. of course, one must be able
to raise some $125,000 to buy a
-scat." '
Women in top places in industry
are growing in number and their
future in management is growing.
Claire Trieb Slolo. a writer on
things economic, has the following
comment in the current Dun's
Review and Modern Industry:
"The woman executive, slowed
in her climb to the top by long
standing prejudices and miscon
ceptions, is being re-evaluated by
managements faced with a short
age of first-rate administrative
talent."
Mrs. Slote, h.-rself a mother of
two. is a one-time editor of Mod
ern Industry.
She notes that the relatively
rare woman at the lop of man
agement is probably there because
she's more than jusl a little bit
better than her male competitor's,
not because she slipped in while
men were scarce.
"Now more lhau ever," she
says, "industry needs truly crea
tive leaders people who carry
full loads and il can't afford to
overlook the possibility that such
a paragon may be lurking in a
chemise."
Currently women are found in
virtually all occupations and pro
fessions, says Mrs. Slote, and to
day there are 1 .0-17,01)0 women
managers of whom 4!I5.00 are
salaried, :ii!f,oun arc self-employed
in retail trade and 177.000 arc
self-employed in non-retailing bus
inesses. The Department of Labor says
that of the 10 million increase ex
pected in the working force be
tween 1955 and 11)05 half will be
women.
"Even with women filling ti"
kind of specialist jobs thai a.v.'.'l
the best palh to administrative
leadership Iheir sheer force of
numbers in every field is bound
to push the talented managers
among them up the ladder." Mrs.
Slote concludes.
The Hat Corporation of Amer
ica has just named Eslelle 1
its advertising manager. She had
"wn advertising manager of Dun
I'jH. maker of smokers' articles,
:-'h items and toiletries.
Bernard Salesky, Hat Corp.,
president commented as follows
on her appointment:
"The woman's viewpoint is in
creasingly significanl in the de
velopment and presentation of
male apparel because women di
I'ecily and indirectly influence
snme 7.") per cent of sales."
Women make up more than half
the nation's stockholders. II
wiKililn't be loo much of a sur
prise in the financial district if
one made the grade to member
ship of the New York Slock Ex
change. liven old Sophocles might revise
his views if he were here today.
ITALY LAUNCHES LINER
CSKN'OA. Italy U'l'li Italy
Sunday launched the ullra-modern
32. In Ion transatlantic luxury lin
er Leonardo Da Vinci which will
replace the ill-fated Andrea Doria
as the nation's flagship.
Lions Hear Insurance Talk
Guv h. Johnson, of Pendleton,
spoke to members of the l.a
C'.rande I.ions club concerning the
proposal of 'Compulsory Automo
nil,, insninneo ' nt the club's reg
ular Monday noon luncheon meet
ing at the Sacatawea Hotel.
"Compulsory automobile insur
ance is not the oanacca for Ore
gon's highway problems," John
Min said. "Statistics 'from other
slates of the nation that have
dready adopted compulsory in
the inndeciua
cies of any laws already enacted
:,nd in one case, Massacnusuus
Ihe law has been in-effect for 30
years.
"Your own local insurance
men, representing private insur
ance companies, can give you bet
ter coverage at less cost, more
comprehensive service and quick
er and more satisfactory settle
ement of claims, than any bureau
cratically controlled compulsory
insurance program," Johnson con
cluded.
Plans were made for the man-'
ning of Ihe Salvation Army ket-i
ties on Saturday, Dec. 13, with Ed'
Craig in charge; and the annual ;
Lions Kiddy Christmas party was.
scheduled for (1:30 p.m., Monday,;
Dec. 22. I
Dave Baum was program chair-'
man for the day. , ;
ica nas just named r-siene -i.ee 1 1 '.a. president
r -- ni IV H
Andrew Jackson was the first
l; S. president to travel by train.
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HOLLY WREAKS .-4.95 up
BOXED HOLLY 2.25 up
PRICES INCLUDE PREPAID SHIPMENTS
FOR MOM
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Washer & Dryer
PHILCO
RANGE
REFRIGERATOR
Wc Give S.&IT. Green Stamps
Radio & Music Supply
George Tiss, Prop.
1213 Adams WO 3-4232
) onwiri
olOPv
BIRNIE'S
Christmas
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CONVENIENT j3afe Adams & Hemlock
TERMS . . . ALWAYS! SSf W0 3-5614
-SPECIAL-'
OFFER
DINNER ENSEMBLE
Silver. .. China ... Crystal
to set a lovelier table for 8 people
50 Pieces Fine Silverplate in
Handsome Solid Wood Chest .
8 Hollow Handle Dinner Knives S Dinner Forks
16 Teaspoons 8 Soup Spoons 8 Salad Forks
1 Butter Knife 1 Sugar Spoon
40 Pieces Dinnerware
8 10" Dinner Plates 8 Cups 8 Saucers 8 Bread,
& Butter Plates 8 Fruit Dishes .
32 Pieces Glassware
8 5 or. Juice Glasses 8 9 oz. Water Glasses
12 oz. Iced Tea Glasses 8 7 oz. Footed Sherbets.'
- Na-
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ONLY
$9
$69.00 value
rt.B.
MAIL COUPON TODAY
BIRNIE'S, 1108 Adams, La Grande
Sand mt th 123.pt. Dinner Entemble ol U9.9S
D Cash Charge Q C.O.D. SI Down Payment
NAME ;
ADDRESS
CUT ! ZONE STATE
$1 DOWN
$1 WEEK
Buy For Yourself t . . Buy As A Gift! j
THIS UNUSUALLY FINE OFFER AT
BIRNIE'S
Credit Jewelry
EASIEST CREDIT TERMS IN LA GRANDE ,
N'. - '.'" : : " '.'-
U08 Adams ,
WE WILL BE OPEW UNTIL ; ;
9 O'CLOCK FRIDAY EVENING FOR ..
YOUR. SHOPPING CONVENIENCE : J i