o
SIX MEDFORD (OREGON) MAIL TRIBUNE
Tuesday, March 6, 195B
Realized Net Income
Of Farmers Declines
Washington (U.R; The real
ized net income of farmers in
1955 dropped Sl.000,000. or 9
per cent, from 1954, the Agricul
ture Department rcDorted today.
9fhe sharp drop was due to
lower average prices received
for farm productr and a slight in-
Ocrease in farm expenses, the de
partment said in its publication,
"The Farm Income Situation."
Further Drop Forecast
Department economists fore
cast last November a further
drop of $400,000,000 in farm in
come during this year. But the
forecast did not take intooconsid
eration any increased income
farmers might receive from oper
ation oXJhe soil bank, if adopted,
ind other legislation.
The net per capita income of
farmers dropped to S360, 6 per
cent below the S913 per capita
Skimping Finally
Pays for Lender
St. Louis, Mo. UP.) Years of
ikimping pennies finally paid
off today for Sam Bronstein, a
rewd money lender who
turned a S3, 600 investment into
a $970,000 fortune.
.. Bronstein made a modest in
come over the years, hanging
around St. Louis newspaper oi
fices and loaning money to
broke msmen for a return of
$6 for 55.
The elderly money lender
meanwhile invested S3, 600 in the
Missouri Pacific railroad in
1938, when the railroad's com
mon stock was selling at 75 cents
on SI, 000 par value. When the
Mopac recently reported itself
out of receivership, it was an
nounced that Bronstein was
holding $970,000 worth of the
railroad's securities.
As (8) gesture to newsmen,
Bronstein announced that the
principal on a trust fund set up
for his family will be turned
over to the Missouri School of
Journalism. The investor esti
mated the principal will come to
$30,000 a year.
income in 1954. Part of this per
capita drop was caused by an in
crease of 1 per cent in the farm
population to 22.200.000 persons.
Per capita income of the non
farm population increased almost
5 per cent in 1955.
Smaller Receipts
Smaller cash receipts from
meat animals, especially hogs,
I and wheat accounted for most of
the S300,000.000 decline in the
total. The volume of farm mar
ketings in 1955 was up 2 per
cent from 1954. but the average
of prices received by farmers
was down 5 per cent.
Because of a slight increase in
farm production costs, coupled
with declining gross income,
farmers xetained as net income
only 32. 5 per cent of their real
ized gross farm income. Except
for 1932, this is the smallest per
centage on record.
Turn To Pages
8 and 9
FOR ADRIENNE'S
BIG LIQUIDATION
SALE
ANNOUNCEMENT
Bellon May Become
Congress Candidate"
Canby UP.) State Sen. How
ard Belton said today he prob
ably will become the fourth can
didate for the Republican nomi
nation for United States con
gressman from the first district.
Belton said he would seek the
post unless incumbent Walter
Norblad decided to seek reelec
tion. Norblad has already filed
his candidacy for governor.
Belton is regarded as the top
tax authority in the Oregon
Senate and has served for years
as co-chairman of the powerful
joint ways and means commit
tee. He has served in the Senate
since 1939. His present term has
two 'years to run.
Other Republicans who will
seek their party's nomination
for Norblad's post are Bruce Wil
liams, Salem; William Healy, Sa
lem, and R. F. Cook, Silverton.
S0- " IBIS
zmil'f - -si
La Grande Runaway
Thumbs Wrong Ride
Boise (U.R) A 15-year-old
runaway from La Grande, Ore.,
thumbed a ride with the wrong
man yesterday.
Frank Henning, state police
radio dispatcher, had just broad
cast an alert and description of
the boy and was on his way home
when he spotted a hitchhiker
who appeared to be the missing
youth.
Henning stopped and the
youth hopped into his car. He
readily admitted he was the one
the state police of two states
were looking for.
The boy's parents came from
La Grande to pick up their son.
JOVIAL President Eisenhower enjoys a nearty laugh
during a meeting in his office with John Reed Kilpatrick,
national chairman of the Citizens for Eisenhower Com
mittee. Ike Declares Party
Should Base Program
On Spiritual Values
Washington '(U.R) Presi
dent Eisenhower, in his first
political appearance since his
second term announcement,
said today the Republican party
should base its program on
"moral and spiritual values."
"If a political party does not
have its foundation in the deter
mination to advance the cause
that is right, that is moral," he
said, "then it is not a party but
merely a conspiracy which is to
seize power."
Surprise Appearance
Mr. Eisenhower made the
statements in a surprise appear
ance before 1500 wildly cheer
ing delegates of the Republican
Women's National conference
here.
He went to the meeting di
rectly from the White House
where Republican congressional
leaders had told him his deci
sion to run for reelection "will
improve" the party's chance of
Survivors in Sinking of Washington Mail
Declare Rescue bv Navv Vessel Was Miracle
Seattle (U.R) Survivors of
the freighter Washington Mail
which was ripped apart in a vio
lent storm in the Gulf of Alaska
Saturday agreed today it was a
miracle they were saved.
"If there is such a thing as a
miracle then this is one," said
William Bannon, a Seattle fire
man aboard the ship.
Bannon was one of 41 crew
members and nine passengers of
the Washington Mail who ar
rived here by plane late last
night" as hundreds of relatives
and friends lined the ramps at
Seattle-Tacoma airport. The 10
NOW AT WEISFIELDS
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regaining control of Congress.
Senate Republican Leader
William F. Knowland of Califor
nia said the President was in
"great spirits" at the legislative
conference and "showed a good
sense of humor in our discus
sions." Stood Under Pictures
At the meeting of Republican
women, Mr. Eisenhower stood
under huge pictures of himself
and Vice-President Richard M.
Nixon. A large banner pro
claim e d: "Peace - Prosperity
Progress." The President said he was
counting heavily on the women
of America, with their responsi
bility for rearing the young, to
support high moral and spiritual
values in political life.
He also said he was counting
on the Republican women in
each of their districts to inform
the public on the GOP program,
"how far it has gone, what is
left to do and what it means to
the country and the world."
ind Man Useful
On Hospital Stall
Toledo, O. CU.R) Alva Jay
Francis, blind for 10 years, has
become an important and useful
member of the St. Charles hos
pital staff here. He works in the
hospital's x-ray department, de
veloping and processing nega
tives. Dr. John W. Smyth, director
of the hospital's department of
radiology, said Francis' work
has been exceptionally good.
"The developing technique of
x-ray negatives is strict and
Jay's following the same routine
with' all negatives without dis
traction makes the results more
constant, a necessary factor in
obtaining a good reading,"
Smyth said.
He pointed out this means
fewer errors in processing, elim
inating retakes of patent x-rays,
and in general speeds the work
of the department.
A native of East Lynn, W. Va.,
Francis was a door-to-door sales
man of blind-made articles in
Articles in Akron when a blind
friend told him of the opportu
nities in x-ray work. He studied
in Cleveland, then went to work
here.
President's Name To
Be Filed in Indiana
Indianapolis (U.R) President
Eisenhower's name will be en
tered in Indiana's first presiden
tial preference primary today
with Gov. Craig and state Repub
lican Chairman Alvin Cast per
sonally filing the petitions.
Mr. Eisenhower becomes the
first and probably only one in
either party that will appear on
the presidential primary ballot
May 8.
Under Indiana's new primary
law, delegates must support the
winner ' in the presidential pri
mary 1 on the first convention
ballot. In 1952, only two Hoosier
GOP delegates supported Mr.
Eisenhower. The other 30 fa
vored the late Sen. Robert Taft
of Ohio.
Oregon Man Killed On Antarctic Job
Washington (U.R) The Navy
said today that a second member
of its Antarctic expedition was
killed yesterday when his tractor
plunged into a crevasse about
110 miles from Little America V.
The victim was Seabee Max
R. Kiel, son of Mrs. Roma Irene
Kiel, box 32, Joseph, Ore. An
other driver lost his life recently
when his tractor disappeared in
an ice crack. .
Kiel was a member of a trac
tor train team moving oil and
gasoline drums to the site where
an American base will be set up
next fall for the international
geophysical year.
ORDER BY MAIL
Mra4 Morb of Oni4a U
WEISFIELD'S JEWELERS, 122 E. Main St., Medford
Please send me the 54-Pc. Set of Community in the
-Economy-Pak- as advertised at 69.75. I want the
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I will send S per week or S per
month until the entire amount is paid.
Name -
City
Address -
Phone..
Employed by
Credit References..
Zone State..
How Long
Kow Long
(Firm Names and Where Located)
122 E. MAIN ST. MEDFORD, OREGON
STORE HOURS: 9:30 a.m. to 5:30 p.m.
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other crewmen were to
here later today
All 60 persons aboard the ship
were picked up by the Navy
transport Gen. H. B. Freeman
which arrived on the scene about
four hours after receiving an
SOS and picked up the two life
boats from the Washington Mail.
Bannon was in the engine
room when the ship began to
break up. t
'"I heard a lot of noise that
sounded like metal banging," he
said. "I didn't know what was
happening. Then I saw water
coming in. I turned off the fires.
Water was coming in faster than
it could be pumped out. It was
four feet deep when I got out of
there."
No Panic Aboard
Miss Ivy Withers, 47, a Van
couver, B.C. nurse en route to
Hong Kong, said she was read
ing when the ship broke up.
"I heard three big cracks,"
she said. "I ran up on the deck.
Everybody was getting life belts.
Everyone was calm and there
was absolutely no panic."
Miss Withers and other passen
gers were put into a stateroom
while crew members carried out
emergency duties.
The bow ssction of the ship
sunk about a half hour after the
ship broke in two. Everyone was
in the stern section which also
sank minutes after the two life
boats were lowered.
Oregonians Aboard
Several, Oregonians were
aboard the vessel and 13 of them
landed here by plane last night.
Three others were expected to
day. Miss Charlotte Rodgers, a
nurse and religious worker who
lives at Beavercreek near Ore
gon City, called it a "horrible"
experience. "It was only three
minutes after our life boat pulled
away from the side of the ship
arrivej before it sank out of sight," she
said.
Miss Rodgers was en route for
missionary work in the Orient.
Stacy Cleveland of Portland,
a crew member, said he wag
reading a magazine when the
ship broke in two "but I can't
remember what it was I wai
reading."
Stacy Cleveland ot rortiana, I reading.
D
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mind . . .which is just one more of the things it's for. The men
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Store Hours:
9:30 a.m. -5:30 p.m.
122 EAST MAIN STREET
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