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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 14, 1957)
Many Bullish Items Seen on Wall St. as Business Indicators Grants Pass Man Is Elected to Post Clark Spencer. Grants Pass, was elected president of the Min nesota Picnic association at the annual picnic at TouVelle State park June 9. Other officers include Ed Holmes Inks 60 Bills As Deadline Runs Out Friday. June 14. 1957 MEDFORD (OREGON) MAIL TRIBUNE THREE VV"' is:eT Waizer come continues Salem 'V Gov. Robert D. Holmes signed 60 bills Thurs day, bringing to 727 the total house and senate measures en- ! Imith rr&KAon1- Fan Hail- - ' Vfanv of them are lookine for ' . , . ' fr approval or veto ran out. -iany oi i.iem are lOUMng lor - AshlanH spcrptarv.tTpas. I .. KK . . , . ... . j Hf vernen tour measures ves- terday, bringing to seven the number of times the veto power was employed. Chief bills signed in the fin al hours paved the way for start ing a pnmmiin itv mllppp nrn- van Hansen for youngest child; Rram jn 0reson "and created a 1 Mr. and Mrs. Frank Dutton for : Br ELMER C. WALZER I commentators are not unfavor United Press Financial Editor able toward the market. New York Wall Street has uic iiudtiiidi news aii-uine luus in trie a erases . j o;-hnPj rhl -ff;e for business indicators and before long - industrial issues ; , ' nnn, ,i, 'nn hv cornes up witn mainly. c w Bjork Ashlajld ltCS- , J l ImPr0Tln9 . , ! Frank Dutton was given the Standard & , Not a few are talking about a . prize for oldest man. Mrs Anna Poor s provid- better market for the rails, espe- Melnart for oldest woman; Dono- e a two or. ciany since tnis group recently them- 1. That has moved out of its rut. it is iiKeiy me vjne commentator notes mat i ionKest mamed; Mr. and Mrs. ! inventory cor -; the rails from a technical stand-1 Earie Hausmann for most recent- i rection will be point are long overdue for a lv marripH- and Harvev I.. Sor-! completed by move and if the present advance e"nsen for argest fam;iy present HuiLiiini. d II u in iii Kiuup tcIl SUAldllieU 2. Personal in- for a time, it will be an addition- j to advance, ial confidence factor for the mar- month by month, despite somelket as a whole. shrinkage in the average work I He adds, however, that rails 'have been regarded as income stocks and notes that income because institutions have turned Nw , v . Bll to bonds for income purpose, . Graham sald Thursday night and thev have been buying ;that hls New York crusade had Graham Crusade Falls Into Slump week. Standard estimates that gross national product in 1957 will total S432 billion, up 4.7 per cent; national income S340 bil lion, up 4 8 pr cent; and dis posable income (personal income after taxes) i2S 5 billion, up 4 1 per nt. ! stocks with few friends Quarterly Indexes Some others believe, how international statistical Bu-: ever, mat once me rans get into j Attendance at his sermons reau believes third quarter indi- j action, they could give the,las nol fauen 0ff noticeably. whole market a lift and induce Thursday nights crowd of 17, more to purchase the carriers. i0oo was about averaue and more ithan 535,000 persons have heard growth stocks for appreciation. ; fallen into an expected fifth- Tins, he adds, has left income week slump that requires Chris tians to pray and act to pump new spiritual vigor into it cators will be fractionally high er than those of the second quar ter with the last quarter gain irut further. Tht service looks for a rise of three to five per cent over 1938- in retail trade with the summer season making a better showing y.r to year than the spring. Vest Angry Over Soviet Knowledge Graham's sermons since the cru sade began May 15. But Wednesday night's 336 "decisions for Christ'' was the lowest number recorded since the revival started and Thursday London W Western night's 447 "decisions'' was There are meny other favor-!j;i ,r . ;,, . roughly two-thirds the number UlUiUlllclld UJIIMKaIUCvI f-Ziivottij able items being listed by the1. A .. . , iGraham has averaged nightly, bullish element. Hence the re- out anSni-v loaay lne "Asians, j feel myself, and members cently bullish utterances on the;know morc about Harold E. of the crusade team agree with stock market. Stasscn's latest disarmament i me, that we're falling down in No one in the financial dis- plan than the United States' our prayer,"' Graham said. "This trict expects anything but a se- closest allies know themselves, always happens in the fifth week lective advance, but most of the I The new American plan still of our crusades it happend in has not been presented to the London to Glasgow." five-power London disarma ment conference which resumes today although Soviet Commu nist leader Nikita Krushchev discussed it Thursday in Hel sinki. Stassen returned from Wash ington today with new "pro cedural'' instructions from Sec- Civil Rights Yoie Targe! for Tonight Washington f The House civil rights forces drove today for a final vote on the civil rights program by nightfall. Two Priests Freed By Communist China Hong Kong W Two American Roman Catholic priests were released from Building Halted On Cathedral Washington, D C. Major con struction on the Washington Na tion Cathedral (Episcopal) has been halted for the first time since World War II because of lack of funds. Bishop Angus Dun of Washington has dis closed. The last time work on the Cathedral of SS. Peter and Paul was interrupted was in 1942. when the wartime shortage of materials made it impossible to continue. Construction work was resumed in 1948 and has made steady progress since then. The bishop told the annual convention of the Washington diocese that about S15.000.000 has been spent on construction cf the Cathedral since the cor nerstone was laid in 1907. He said that at least an equal amount will be needed to com plete the structure which will be the world's 12th largest re ligious edifice when completed. The Cathedral will observe the 50th anniversary of the start of construction in September with a colorful public service for dedication of two newly completed bays. Tax Reduction Seen Year Away Washington W President retary of State John Foster j Communist Chinese captivity i Eisenhower's budget chief says Dulles. Stassen denied he had today upon completion of fourjthe earliest you can hope for a i been reprimanded for his pri- is more than year 'year Drison terms, according tnitax cut But southerners said they'vate talks with Russian repre-a telephone report from Shang-'away. And then only maybe have many more amendments tentative Valerian Zorin. ; hai . Budget Bureau Director to propose. They predicted no j But Western diplomats ex- The priests were Jesuit Percival F. Brundage told a final vote today. 'pressed satisfaction that vet- Fathers Charles J. McCarthy, of 'joint congressional economic The House spent five hours eran American diplomat Julius San Francisco, and John' A. subcommittee Thursday that he Thursday debating and defeating Holmes, former minister to Lon- Houle, of Glendale, Calif. They I hopes "it may be possible to con amendments affecting a small :don, would arrive here shortly were arrested in Shanghai June 'sider some tax reductions'' to section of the bill. Ifrom Washington to "chaperone" 15, 1953 and sentenced to fourjbecome effective sometime after The amendments were aimed Stassen on matters of pro- years imprisonment on charges July 1. 1958. at limiting or changing the cedure. . jof espionage. - But he said this would be In a telephone conversation l possible only if the battle for with the United Press office 1 economy goes on relentlessly, here. McCarthy said he and I And he suggested that even then Building Declines duties of a federal commission called for by the Civil Rights nnar VrtllliTIP f Bill. The commission would in- U'JIIul VvlUlllC Ul vestigate complaints of right-to-vote violations. The key amendment still to come was the "jury trial" amendment. That would guaran tee the right of trial by jury in stead of by a federal judge to persons accused of violating federal injunctions in civil rights cases. new district court for Umatill county. Under House Bill 594. school districts with certain minimum requirements including true cash valuation of at least S20.000.000 are authorized to set up com munity or junior colleges. Civil Rights Broadened Other bills approved overhaul laws covering the co-operative corporations in Oregon and two bills broaden protection of civil rights. Vetoed was Senate Bill 470 which would have given police authority to fingerprint and pho tograph anyone charged with a misdemeanor. In his veto message the gover nor said. "It is my opinion that to grant all policemen the pow er to require a citizen to submit to being fingerprinted for the alleged commission of any mis demeanor is contrary to good public policy and is a serious in fringement on the rights of the individual citizen." The governor also objected that the bill allowed fingerprint ing and photographing of chil dren of any age. The bill would also have cre ated a central bureau of criminal identification in the state police. Gov. Holmes said this was a de sirable objective and could be accomplished by administrative order. Trust Deed Use Vetoed Vetoed along with the finger print bill were bills authorizing use of trust deeds, to require the state to pay half the salaries of appraisers and draftsmen em ployed by county assessors and one setting a two per cent tax ' on trailers. "The trust deed bill would. I b e 1 i eve. materially increase home owners' costs and work a particular hardship on the farm ers." Gov. Holmes said. The vetoed house bill 382, the assessor bill, because the legis lature had not appropriated any money and it might require sev eral thousand dollars. The trailer tax bill was veto ed by the governor because he believed that responsibility for assessment and collection of the taxes should not be transferred from county officials to the de partment of motor vehicles. Prison Law Liberalized Also approved were bills lib eralizing laws granting time off for good behavior in the state penitentiary, appropriating mon ey for education television in Oregon and authorizing the board of control to discontinue tuber culosis hospitals at The Dalles or Portland or use one of the in stitutions for another purpose. Lippert's Furniture , i Store Opens Here Lippert's Home Fur nishers. new citv furniture store, opens 14 Soldiers Die In Truck Upset Ft. Campbell, Ky. man said. Pvt. Ronald J. Curtis, 21. of Kalamazoo, Mich., who escaped with his face bloodied from cuts, said survivors held the heads of trapped men above water to try to keep them from drowning. in a remodeled building at 220 Fourteen soldiers of the storied Curtis said only about three North Bartlett st. at 10 a.m.;1(nst Airborne Division died .f tnen got out from under tomorrow. . ithe wreckage. A helicopter had Owners of the store are Mr. Plnned under a truck whlch to be used to lift one end of and Mrs. Ed Lippert. of Water ! plunged 25 feet into a creek the truck off the bodies of the Gap rd. Lippert owned furniture stores in Gilroy and V atson ville, Calif., for the eight years previous to moving to the Rogue Thursday. Nine others were in-! other men. jured. A spokesman from the Ft. Campbell public information of- ty." as soon as it can be deter-; f ice said some of the men ap- Lippert's will feature pro-j parently were drowned "and vincial and maple f u r n iture. others crushed to death when There will also be drapery and ithe big truck skidded off a carpet service. 'gravel road through "a guard rail into shallow Piney Ford Salem W Proclamation ofjereek. the week of June 9 to 16 as "We don't know yet just how Oregon Rose Week has been they died but an investigation made by Gov. Robert Holmes. already is underway," a spokes- l TOP SPEED "On Hie Spot" I Relief tor Acid Indigestion a 10 mm g st mm Look behind the smoke-screen of recently announced new car price cuts and discover: 1 Ford factory-suggested prices, model for model, are lowest of the low-price three... based on comparison of manufacturers' suggested retail delivered prices. 2 Since Ford Dealers sell more cars than anybody they can afford to give you a bigger trade-in deal! Lowest price and highest trade means your cash cost is smallest when you buy a beautiful new '57 Ford! PROVE IT AT CRATER LAKE MOTORS MAIN AND FIR STS. PHONE SP 3-4547 ! Houle are in good health. j "I'm quite well," he said. I "Father Houle still has a bad Portland The dollar volume! back but he is comparatively for building and construction well, in good health." work in Medford was 20 per PORTLANDj r cent less in May this year than in May, 1956. according to a re port prepared by Equitable Sav ings and Loan association. The figure for May, 1957, is S450.125. compared with S560, 867 for May. 1957. Similar drops occurred in other Southern Oregon cities. Ashland construction spending was down 94 per cent. Grants Pass 68 per cent, and Klamath Falls. 77 per cent. Oregon's total volume for May, 1957 was S2,778,645. against S4.259.515 a year ago. a reduction of 35 per cent. The report was based on a survey of 64 cities in Idaho. Oregon. Wash ington and British Columbia, plus eight counties in Oregon and Washington. l RiRuneSjJT Protestants Short 25,000 Ministers Recent Report Shows In the United States at pres ent there are 200.000 Protestant ministers serving parishes, a full 26.000 short of the complement considered necessary, an article in National Council Outlook said recently. A preliminary report on be half of the President's Commit tee on Education Beyond the High school estimates a 75 per cent increase in our require ments for professional services by 1975. This implies an addi tional need by then for 168.750 ministers. Eight Central Point Youths at Boys State Central Point Eight Central unit wu.'O a , lllYV a LLCI1U1 1 1 tne American Legion s Beaver State at Oregon State college in Corvallis. The session began last Sunday and is scheduled to close today. Attending are John Fredrick, David Mack. Hercshell Mack, Richard Evans, Bill Callender. Layton Skov. James Culbertson. and James Goldpenny. Sponsors are Myers-Holland American Legion post 129: Kin caid garage. Central Point clean ers. Rogue Valley creamery, Krupp's Associated service. Pio neer club. Valley billiards, Fab ers market, Cheney Studs. Cros kcll hardware. John Cupp. Pan ter's Richfield service, and Cen tral Point Pharmacy. the tax cutting prospects might be over-turned if prices keep rising. Tlie subcommittee has receiv ed testimony from a number of private economists that cutting taxes would be inflationary under piesent economic condi tions even if a budget surplus of S3 billion was in prospect. ONLY CELEBRATING London W A man arrested Thursday for breaking into a store told the judge he got drunk celebrating the death of his mother-in-law. "I was expect ing some insurance from her be cause I had insured her eight times," the man explained. His name was not given. Representative Heads Southern Baptists Chicago The new president of the Southern Baptists Con v e n 1 1 o n is Representative Brooks Hays. Democrat of Ar kansas. He was elected to head the 112-year-old body at the annual conference in Chicago recently. Mr. Hays is one of the few laymen ever chosen to head the group. He succeeds the Rev. C. C. Warren of Charlotte. N.C., who had held the post through two one-year terms. Mr. Hays had served previ ousl as a second vice-president : of the denomination. He is a former assistant attorney gen eral of Arkansas and makes his home in Little Rock. Mr. Hays j has been a member of Congress since 1942 and is a member of the House Foreign Affairs Committee. IN TAX SQUEEZE Park Ridge, N.J. W Two communities have put a tax squeeze on Edwin Giels. Park Ridge and neighboring Wood cliff Lake are involved in a bor- Salem HP Bids on about Sl. 800.000 in highway projects will be received by the Oregon State der dispute and Giels' property Highway Commission in Port-! is land both communities claim, land June 27. 'He has been assessed by both. The Colorful Sunday Oregonian brings you another top magazine for your complete enjoyment! mm Suooe sliomis r - He Will Be PROUD ot these MORE MOORE MOWER BARGAINS lllna VW Reg:. uwvra - V MOWERS r I 54977 Father Will Be PROUD of These BIG TRADE-IN ALLOWANCE Make Father happy with a Power Mower 18" Rotary 2 hp, 2 cyl. Reg. S59.77 and your old mower g" 2 hp, 4 cyl. sfiQ" Recoil start. Reg. S89.95 " and your old mower 20" 2 hp., 2 cyl. SC27 $74.24 " and your old mower And many other new models with a choice of Briegs or Clin ton engines on most models. ALUMINUM ill CHAISE LOUNGE 1 with heavy pad- "j VTTI adjustable back "nZ Aluminum Chaise Web Lounges $14.95. ALUMINUM GLIDERS Single 17-88 Double $24-75 Aluminum Folding Chairs $4.25 Johnston Reel Type Mow $IQ95 and your old mower 50' Plastic GARDEN HOUSE $55 7 ft. Umbrellas from $19.95 Polished hardwood pole 42" Steel Umbrella Table $17.80 42" Aluminum Umbrella Table $27.50 Redwood Picnic Sets from $21.50 Redwood Gin Rummy Set ....$44.95 (save $5) Aluminum Canvas Loungers (contour tilting) $21.45 REPLACEMENT CHAISE and CHAIR PADS the Sunday Picture Magazine with 18,000,000 readers1. Read it Every Week starting June 16 in the UPPLY 816 South Riverside Phone SP 2-5458