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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Nov. 8, 1957)
TheyH Do It Every Time By Jimmy Hatlo Vermin meeds $ 10,50 he asks a Them he sees that his sales soft-hearted friend for fiftx t4lk is 6oim6 over,so he ups figuring he might get twent the appropriation" r, f LOOK, CHUMLEyrT U BUDDY-IP I DONT VLL SAY, PAL SET HOLD OF FIFTY COSH, VERM- ri UH-WHlLE YOU'RE 1 DOLLARS I'LL BE M IF ITS AS BAD V 7TTnB 4T IT M4KE TH4T V SUMK-YOU'REMY yl 4S THAT WHY- l t MSSl OUT FOR SEVENTY- 1 LAST RESORT A SURE-l'LL MAKE 3 FIVE, WILL.Y4, ; YOU OUT A B 'ttrrS CHUM ? CHEE " fTT CHICK-- 1 ' rfeiS! THAMKS ' l ( Is That Sq? Survey Made of Funds For Trade The Jackson County Chamber of Commerce will spend about S29,077 in the coming year to attract tourist trade, according to a survey by the Curtis Publish ing company. The survey was made of the amounts set aside for advertising and promotion by 248 state, area and community groups in the United States. The survey shows Oregon wil spend more than S41 9,000 to attract tourists and $500 to attract industry. According to the survey the volume of travel expenditures is likely to establish new records. Other Oregon groups in the survey were Deschutes County Advertising committee, S4.950; Oregon Coast association, S34, 000; Pendleton Chamber of Com merce, $19,777; Visitor's Serv ice, Portland Chamber of Com merce, S24.003; and the Salem Travel Information division, S308,000. In addition, Pendleton will spend S500 for industry. RESCUER DIES New York (IP) The Rev. Peter Baptist Duffee, 52, who was credited with rescuing per sons from aboard the French luxury liner Normandie when it burned at its New York pier in 1942, died of a heart attack Thursday at the Franciscan Mon astery here. The Roman Catholic priest was an outspoken foe of Communism and declared in the late 1930s America's real enemy was the Soviet Union. A firefly is not a fly but a beetle. Friday, November 8, 1957 MEDFORD (OREGON) MAIL TRIBUNE THHZE CREDIT COUNSEL DIES Tnr "Vmnlw HT 1 1 n w t c 1W lUdAWcU o. iviai- I tuck, 64, counsel for the Nation al Association of Credit Men's fraud-prevention program, died at his home Thursday after a short illness. Mattuck, a former assistant U. S. attorney for New York's Southern District, was noted for his prosecution in 1923 of the Marcus Garvey mail fraud case, the 1925 Stephen G. Clow case and for his defense of Mur der Inc. members Louis Lepke Buchalter and Jacob Gurrah Shapiro. FOLLOW THE LEADER Chicago (IP Jean Ann and Jo Ann Witous are identical twins from the first to last. The five-year-old sisters had their tonsils removed the same day. THE CHOICE OF THOSE WHO COMPARE ALL THREE Dick Knight Co 33 South Riverside at 8th Street Aboard the U.S.S. Nautilu At this writing, I am aboard the deadliest weapon afloat, the boat which has revolutionized 3,000 years of seafaring and was the first to employ nuclear pow er. (I do not use 'boat' loosely all submariners traditionally call their submarines, boats.) Her power, I am told, is a core of uranium, about the size of a golf ball. It is hidden behind a massive shield in the heart of the boat. This is the second "core" the first ran the Nautilus for almost two years for a distance of more than 62,000 miles, more than half of this submerged. The average speed Qf the 320 foot boat, with a beam of 28 fee, has been more than 11 miles an hour. It is no secret that she is capable of sustained runs well e yL in excess of 20 knots in fact, my guess is that she may be able to run submerged and keep up with some of our fastest naval vessels afloat. But this is guess ing. While in the stateroom of the youthful skipper, Cmdr. William R. Anderson, he handed me a paper entitled Naval Nuclear Propulsion Program written by Rear Admiral H. G. Rickover in which the admiral states: "Actual performance indicates Nautilus has virtually unlimited cruising range, even at high speed. Such a submarine can cross the Atlantic submerged at high speed and can even cruise around the world without re fueling its reactor. These capa bilities were highlighted by the Nautilus' prototype plant at Arco, Idaho, in 1955, when that plant steamed at full power for 66 days enough to have car ried the ship twice around the world without refueling. No Direct Sea Routes With a little bit of arithmetic that adds up this way twice around the world is at least 50, 000 miles (and there are no sea routes this direct). Divide this by 66 days, and you have an average speed of 757.6 miles a day which means the prototype plant "steamed" at 31.5 miles an hour! Hypothetical of course, but ... Admiral Rickover adds, "If the Nautilus had been diesel powered it would have needed enough, oil to fill a train of tank cars over a mile long. Also, sev eral stops for refueling would have been required." Captain Anderson told me that to date the Nautilus' long est submerged run was from Panama Canal to San Diego, a distance of 3,049 miles. By un derwater navigation, and this must take unto account ocean currents, the ship was only 10 miles off its course a matter easily corrected underwater once sonar soundings were taken. Looking at the boat's log, it was interesting to see how the Nautilus threaded her submerged course through densely-islanded archipelagos such as the West Indies. To date the longest submerged run has been just over 11 days 265 hours. Many First Racked Up Needless to say, the boat has racked up many first since her first skipper announced from her bridge this electrifying phrase, January 17, 1955: "Un derway on nuclear power." To be sure, there are many top-secret performance records, such as maximum diving depth, quickness of dive, top-speed, etc., but put this way, it can be said: 1. The U.S.S. Nautilus, with out doubt, has a virtually un limited cruising range even at high speed; 2. She can travel in excess of 20 knots for long periods of time -which conventional sub marines could do for only a few minutes; 3. She has made the longest submerged runs of any vessel afloat. In short, this firstQatom-pow- By EUGENE BURN Ranger-Naturalist ered vessel's speed and under water endurance have brought naval history to a new climax. (Copyright. 1357 by Eugene Burns) (Released by JlcClure Newspaper Syndicate Free: By special arrangement with the editors of the Encyclo pedia Americana, my panel of judges will award each week to the reader who sends me the best true-life nature adventure, the best nature observation, or the best question on nature and wildlife; a complete 30-volume set of this world-famous refer ence work in a handsome Seal craft binding. Each week new submissions will be considered. Sorry, I simply can't answer your many friendly letters. Please address your letter to: Is That So! co Medford Mail Tribune, Box 575, Sausalito, Calif. Phoenix Schools Plan Open House Soon j Phoenix Phoenix schools are j planning an open house as part j of the celebration of American I Education Week, Nov. 11 to 15. I The grade school will be open to the public Wednesday, Nov. 13, from 7:30 to 9:30 p.m. Teach- j ers will be in each room to greet visitors and answer questions. Refreshments will be served in the cafeteria during the open house. The high school open house will be Tuesday, Nov. 12. The program will start in the gym at 7:30 p.m. with a musical show. Departments and class rooms of the school will then be open for inspection by visitors. Teachers will be in each room to answer questions. Refresh ments will be served in the school home economics depart ment 8:30 to 9:30 p.m. Financial District Sees Three Factors As Year Hears End By ELMER C. WALZER United Press Financial Editor New York (IP) Wall Street is beginning to wonder if the stock market hasn't about dis counted a lev elling off in b u siness next year. The str e e t also is toying with a thought that the tax selling which usually comes in Novem b e r and December may have been pretty well taken care of in the recent heavy selling. And thirdly, the financial dis- federal Trust Funds Losing Out Washington OP) The gov ernment's huge trust funds to pay old age pensions and unem ployment benefits and build highways are losing out in the race with high intrest rates. With credit scarce, interest rates have been climbing, and the gov ernment has had to offer its own bonds at better terms. The trust funds, however, have not been able to take advantage of these higher returns on the government's bonds. Even though they must invest their money in government bonds, the trust funds are also restricted to buying low-interest government notes. The Treasury is saving mil lions of dollars as a result. Tied up in the various trust funds are S55 billion in govern ment securities about one- fifth of the national debt of $274 billion. The interest they collect on their government securities is a matter of internal government bookkeeping, not actual cash. But they are a real cost of gov ernment all the same, just as are the interest payments to pri viate investors in government bonds. The government has been pay ing investors 3.66 per cent on its short-term 91 day loans and, since Oct..l, four per cent on its long-term bonds. Under federal law, however, the bonds brought by the trust funds are tightly restricted. trict wonders if inflation isn't likely to become a potent factor again in 1958 with the govern ment lifting its spending for de fense with emphasis on missile research. November usually bring as rising market and December has always been the year's best for the bulls. Reinvestment of Funds In December of past years the market has benefited from two things an end of tax selling and a reinvestment of funds re ceived as dividend and interest payments. There could be a bit of coid water thrown on the December picture this year if the divi dend payout doesn't come up to hopes of market operators. Net a few think there will be fewer fat dividends than in recent years. But, the market men reason, there's something to the belief that the worst that could happen to business, if the seers are cor rect, has been discounted by the market. , They don't expect a roaring bull market to develop. But many hold there could be a sizable recovery in prices. Also there still are many who feel the market will meet further tests of its recent lows. The more bullish hold that a test was made just a few sessions ago and the market met it favorably favorably for a re covery. Some Big Recoveries Harris, Upham & Co. lists some big recoveries in previous bear markets. These have run to 48 per cent for the period from Nov. 13, 1929, to April 17, 1930. From Nov. 24, 1937, to Jan. 11, 1938, there was a rise of 18V1 per cent and from Nov. 22, 1946, to Feb. 8, 1947, the rally was 13 per cent. This year from July 12 to Oct. 22, the industrial average fell by 20 per cent, the firm points cut. from 520.77 to 419.79. "Even the longest and se verest bear markets are punc tured with substantial recov eries," the Harris, Upham firm says. "Over the next four months a range of from 400 to 460 is likely which would give good profit opportunities for alert traders." The white-tailed deer is Wis consin's official wildlife animal. PLUS SIGNAL PREMIUM FUEL OILS yf4 GREEN STAMPS Call SP 2-5275 LAST CALL! LAST CALL TO K APPLANCE COMPANY'S TERRIFIC 957 G.E. APPLIANCE AND TV L YEAR-END SALE! It's 1957 G.E. Appliance and TV Clearance time. Time to make money saving Year-End Bargain Buys. 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