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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 30, 1955)
1955 Said Shaping Up As Most Fantastic 1n Business History New York (U.R) The year 1955 is fast shaping up as the most fantastic in history. Industry already has rounded out the greatest nine months on record and is operating full blast in the all-imprsytant final three months of the year. So far it appears certain new records will be chalked up in t e o 1 production, automobile sales, construction activity and petroleum consumption all key barometers of the nation's health. Boxcar Situation Expected to Improve Salem (U.R) Pulalic 'Utilities Commissioner Charles Heltzel declares that improvement in expected from now on in Ore- gon's freight car supply situa tion. o Heltzel .id that last week Southern Pacific railway sup plied 3649 boxcars to lumber 7 Clippers in western Oregon, which 'was 62 per cent of- the total ordered. This was 524 more than the previous week when 57 per cent was delivered. Much of the shortage now is caused by delaysin car unload ing, Heltzel said. Percentages of cars delivered last week included: Coos Bay 65; main line 67; Siskiyou 6"2; New berg 53; Hillsboro 97; Willamook 56; Dallas 58; Cascade 54; Sil- verton 91; Toledo 64, and Mill City 62. Prices fo Farmers Fall Off 2 Per Cent Washington (U.R) Prices that farmprs receiver! for crorjs and livestock fell 2 per cent dur ing the month ended Oct. 15. The Agriculture Department reported that the decline left farm prices 5 per cent below a year earlier. At the same time, farmers' costs averaged about the same as a month ago. As a result, farmers' earnings in mid-October averaged 82 per cent of parity compared with 84 per cent in mid-September and 87 per cent in Mid-October last year. Parity Is the poiigt at which farmers, theoretically, get a fair return for their produce in re lation to the cost of things they must buy. TRAPPED BY TEACHINGS Jessup, Ga. (U.R) J. C. Sapp and D. Ethridge escaped from the Wayne county convict camp where they had been as signed as trusties to train blood hounds. Five hours later they were caught by bloodhounds thny had trained. iismirrr 1 4 ( T S t 10 tl 12 11 14 IS 14 IT 1 It 22 23)24 Ssjss 2? 24 14 ImI I L a z UP mi IT) in Bit itiiiTrnT 1 2 S 4 I 4 T t 10 11 12 13 14 If 14 IT 14 14 20 21 2l!23!24 2S 24 IT 24 243031 IIWIBtlt 4tT4MI TalilwIilTTT illtiTTT ill 444TS4 14 114SSTS 11 11 13 14 IS IS IT 4 It 11 13 13 14 It It It 20 II 21 22 34 14 IT 14 14 24 11 23 IS 21 27 24 14 34 12 14 21 It IT 2t It L U '"In! I I I I I And It's a Home-Building Month In Southern Oregon! In Southern Oregon, HOME BUILDING' is a year-around business. Because it is, the business cf financing new con struction, remodeling and home re pairs is a year-around business with yo& local Savings & Loan Association, JACKSON COUNTY FEDERAL. o Don't Dela)v Come in TODAY! oSAVlNGS 126 East Main Medford This boom of unprecedented proportions is mirrored in the earnings of America's corporate giants. To Be Greatest Year Industry spokesmen, after a quick look at nine-month earn ings statements, admit that it is "a sure thing" 1955 will go down in the books as the greatest year for earnings. Such corporate giants as Gen eral Motors, Standard Oil of New Jersey Bethlehem Steel and U.S. Steel are setting the torrid earnings pace. Take General Motors, for in stance. The world's biggest auto maker this year will become the first company ever to earn more than one billion dollars after taxes. All along the line it's the same story: Earnings up substantially over 1954 and at our near record levels. The mammoth Standard Oil Co the world's biggest oil com pany with operations on all six continents also whizzed along at breath-taking speed in the earn ings department. Steel Industry Eyed The dynamic steel industry producing steel at a faster clip for peace than it ever did for war gave notice this week that it too was a force to be reckoned with. . Both U.S. Steel and Bethlehem Steel the two biggest steel mak ers reportd record-breaking earnings for the first nine months of 1955, paving the way for a record year. The trend is the same in other industries . . Who's behind this boom? You, the consumer. Americans have been on a dazzling buying spree that spells an eight-million-car year for the auto makers, a 115 million-ton year for the steel in dustry and an almost 42-billion-dollar year for the construction industry all new highs. Medical Consultants Approved by Welfare - Portland (U.R) Resolutions which authorize employment of medical consultants to review requests for medical care in counties which have funds and needs for such advisors have been unanimously adopted here by the State Public- .Welfare Commission.. ----- . . , : Marion county has asked for such an advisor and probably will be the first county to be af fected. The action specified, that the medical doctor employed as a consultant "shall be practicing medicine in the area to which assigned and shall not be em ployed concurrently by any other agency of the state of any of its political subdivisions," IIH444T T 4USCS I 1HI1 iiiiMitiir iimttTr i.m.t It- 1 2 3 4 1 1 2 3 4 4 1 2 4 T 4 4 14 11 12 4 T 4 14 11 12 3 4 I 4 T 4 4 II 14 IS 14 IT It 14 IS 14 It 14 IT It It It 11 12 IS 14 II It St 21 21 SS 24 21 21 II 11 22 23 24 21 24 IT IS It 24 21 22 21 IT IS IT 24 II 30 II 24 IS 24 IT IS It It llti 1 1 hit 1 1 mill 1 1 1 1 I I TT 1 1 si 1 1 1 ft I fT H'l M,ltTr 1114 11 1114 S 4 I I f I IUII I4S4T84 I I till! 11 11 IS II 14 It 14 IT IS 14 11 II IS 14 IS IS 14 IS 14 IT IS Itflt It 2t 31 21 23 14 2S IT IS It 24 21 22 13 31 11 13 14 IS SSjST 14 IT 24 It 34 24 2t 21 2T It It St It 24 St 31 I I I I I I I I 1311 I I I I l I I I I I I I 11411 SI 141 ItlTltJ ia MM I1MS4 2Ti24l2l If you are planning to build soon; or to repair or remodel your present home, come into JACKSON COUNTY FEDERAL, where friendly trained per 'sonnel are waiting to discuss one of the most important parts of your build ing program financing with you. LOAN ASSOCIATION Since HO. Medford United Press Full Leased Wire Third Section WRECKAGE LITTERS interior of Los Angeles Bank of America branch after light plane flown by employe let out of his job just the day before smashed into building. Witnesses said it appeared the pilot, Benjamin Fauth, 29, deliberately aimed his aircraft at the bank building. He was instantly killed, and one bank employe was injured. (International) New Drugs Helping Psychiatrists Treat Mental Disturbances San Francisco (U.R) Newly developed drugs are giving psy chiatrists" a helping hand in treat ing mental disorders, alcoholism, narcotic addiction and old age. Papers delivered at the West ern Divisional meeting of the American Psychiatric Associa tion reported that reserpine and chlorpromazine have proved suc cessful in calming the agitated and disturbed. Not Cure-All But the scientists cautioned that treatment by drugs was not a cure-all. Further, it requires larger hospital staffs that can provide intensive increased psy chiatric care in order to effect a permanent cure. ' Dr. Vernon Kinross-Wright of Baylor University said chlorpro mazine had resulted in varying degrees of success, in his work with patients suffering from ma nia, depression schizophrenia, de lirium and childhood behavior problems. He said it has not proved gen erally effective in the treatment of neuroses and, in fact, reported that a considerable number of patients are made worse by the drug. He cited such side-effects as dizziness, lethargy or muscu lar weakness. Just Pick Any Month Home Loans For New Construction ! Available "Where You Are Paid to Save" MEDFORD, OREGON, Dr. Elmer F. Galioni of the Stockton, Calif., State Hospital said chlorpromazine had been used in treatment for alcoholism with resultant reduction or elim ination of restlessness, apprehen sion, tremors and nausea and vomiting. - "With our limited experience we generally conclude that the patient became more tranquil, less demanding, and that he tend ed to complain less of his physi cal symptoms," he said. In the case of geriatrics old age patients,, agitation and dis turbed behavior was reduced through use of the drug. Some were able to become more active and a few could return to their relatives. Bonneville Power Rates To Remain Unchanged Portland (U.R) Power rates charged by the Benneville Power Administration will re main , unchanged for at least a year beyond December 20, 1956, BPA officials have announced. Secretary of Interior Douglas McKay, who approved the rate recommendations, said "Dr. Wil liam Pearl, Bonneville adminis trator, has advised me that sub stantial savings made in costs of dams together with sales of large quantities of dump power pre viously without a market were the determining factors in con tinuance of the present rate for another year." C Warehouse STOCK REDUCTION Never Before Have We Been Able To . Offer Such Outstanding Values in ... First Quality! 12'xl2' 12'xl5' (0)95 i(fi)95 Hurry! Limited Stock! W estern Auto 101 S. RIVERSIDE United SUNDAY, OCTOBER 30, 1955 Science Creates A Living Virus Berkeley, Calif. (U.R) Two University of California scien tists who created a living virus in a test tube have been credited with taking a historic step in the fight against some of man's most dread diseases. Dr. Wendell M. Stanley, Nobel laureate and head of the Univer sity of California's virus labora tory, said the step is "an utterly fantastic discovery on the border line of life." , " ' The researchers, Dr. Heinz L, Fraenkel - Conrat, associate re search biochemist, and Dr. Robley Williams, professor of biophysics, created from non-living material in a test tube a "live" virus cap able of spreading disease. Specifically,' the two broke down a virus of the tobacco mo saic disease and then reassembled it into a living substance they are convinced is the same virus, It is the first time inert frag ments have been put - together to form living substances. ' The reconstructed viruses can reproduce themselves and can cause the mosaic disease in the tobacco plant. Stanley said the discovery opens up the possibility of "dazzling vistas" for the future. CROOK AND A CROOK Palm Springs, Calif. (U.R)- Peter James Klassen, 19, a Ma rine who pleaded guilty to a theft charge Thursday, spotted hubcaps at the police station that he thought looked familiar. They were his r' stolen from his car while he was busy looting other autos. Heavy Weight! PHONE 2-6882 Tribune Press Full Leased Wire Pages 1-6 Knowland Supports Benson's Policies Washington (U.R) Senate Republican Leader William F. Knowland declares" that Ezra T. Benson's disrupted farm policies are far better than those of Adlai E. Stevenson and Gov. Averell Harriman. Knowland swung hard in de fense of. Agriculture Secretary Benson and his flexible price support program. It is under heavy fire from Democrats and some farm leaders. Stevenson and Harriman, Democratic New York governor, favor a high rigid 90 per cent support pro gram. The Californian said Benson's policies deserve "wholehearted support by the administration, the Congress and the country." He spoke out shortly after both Benson and the White House vigorously denied there is a split in the Cabinet over the program. Salem (U.R) Gov. Paul ' Pat terson has designated November as "Religion in American Life Month" in Oregon 'sssfc m - S Dial 3 then dial TA 6-2304 for the finest milk you've tasted in many a year, topped by LOTS of rich-thick CREAM. - Milk ic gently taken from cows by the most modem stainless steel pipe-line milking machines, and Instantly cooled in a sanitary refriger ated farm tank for extra sweet flavor. Dairy is regularly federal, state and county inspected. RECORD SETTER Vivian Blaine, five-year star of 'Guys and Dolls" on Broad way, set record of three-month-running show in Las Vegas' Royal Nevada. It was also first musical comedy to be presented in a night club. : St. Paul,- Minn. (U.R) Fifty years 'ago, Theodore Roosevelt, speaking at the Minnesota state fair, used the now-famous phrase, "Speak softly and carry a big stick." 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