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.
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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
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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,"
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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
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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
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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
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Milk ic gently taken from cows by the most modem stainless steel
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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."
Salem (U.R) it ' Orefon
Farm Bureau Federation will"
hold its annual convention here
Nov. 13-16. '
AMERICAN
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