10A MAIL TRIBUNI, Mtifiri, Oregon, Monday, Jun 23, 1938
Fortune Magazine
Says Upturn in
Economy Started
New York Fortune maga
zine's monthly Business
Roundup will say tomorrow
In a copyright 18-month fore
cast that the anxiously await
ed upturn in the American
economy has begun, and that
within a year's time the U.S.
will reach new records both
In total output and in in
dustrial production.
Fortune's economists pro
ject an especially0 sharp gross
national product rise of about
$20 billion in the next six
months, particularly as in
ventory liquidation is fol
lowed by normal replacement,
followed by a further rise of
nearly S30 billion during
1959. The combined increases
will raise the economy's gross
national product from last
quarter's $420 billion to an
all-time high rate of $470 bil
lion by the end of 1959.
The recession, says Fortune,
touched bottom some weeks
ago. Fiscal and credit action
have now begun to turn the
tide, and the economy is
launched on a powerful up
surge. Increases in many types
of demand and activity have
proved astonishing in their
variety and vigor and the fact
that they occurred separately
and simultaneoasly is signifi
cant, it ays.
"Not only did defense out
lays expand and public works
advance, but housing starts
also rose 14 per cent in two
months, sales of new and used
cars increased nearly 10 per
cent, and machinery orders
were up by the same amount
in April. About twice as many
Industries increased produc
tion in May as cut it. The FRB
index of production rose a
full point in May and prob
ably rose another point in
June. Employment also in
creased in May for the 'first
time since the recession
began.
Malheur County
Collision Filial '
Ontario (UPI) One man
was killed and another seri
ously injured near here early
today in Malheur county's
third serious traffic mishap
in two days.
A 73 - year - old Japanese
farmer identified as Y. Ota
was killed outright in the
crash and Roscoe Finley of
Ontario was taken to Holy
Rosary hospital with serious
injuries.
State police said the Ota
pickup and the Finley sedan
collided gt an intersection on
Highway 20-26 three miles
south of Ontario. Both ve
hicles were demolished.
Reg. 63c Kraft
Miracle Whip
Kraft's popular salad
dressing a distinctively
different flavor.
qt.
0k
Save on Fine Quality
Mob Hi
Coffee-
The coffee that
C1 "5
..... R $1 65 Reg. 83e '
tastes as good as J. . - .
- y u y
it smells
WMMM
II!flTlII
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.
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.'
a;::::::::::::::::sj -Sli:::
mm
::::
Reg. 25c Famous
in
einz -Ketchup
Heinz-The World's
largest selling Ketchup
14-or.
btls.
Prices In this advertisement are effective through Wednesday,
June 25, at Safeway in Medford.
t
Lucerne 3.8 Milk
A Better Milk! A Better Buy!
Lucerne Bonus Quality Milk
Oscar Levant, TV
Station Make Up
Hollywood (UPI) Pianist
Oscar Levant still had a tele
vision outlet for his caustic
brand of humor today after a
short-lived suspension by TV
station KCOP.
The chain-smoking music
Ian "reconciled" with KCOP
Sunday after a one-day sus
pension enforced by the sta
tion fr "inexcusable conduct
en the air by a star person-
ality."
Stat&m officials objected to
Levant's advice to his audi
ence to refuse to buy a former
sponsor's television sets after
the firm had dropped the 85
minute Levant show.
Civil Engineers .
Gather at Portland
Portland (UPI) The na
tional convention of the
American Society ef Civil
Engineers which opens here
today is expected to draw
more than 1000 civil engi
neers, some of them from
foreign land.
Gov. Robert D. Holmes will
apeak at a welcoming lunch
eon today. One hundred and
30 technical papers are sched
uled to be presented during
the meeting, which runs
through Saturday.
Founded in 1852, thcASCE
claims distinction as the na
tion's oldest engineering society.
In Or it's? Cadillac
In Vitamin it's . . .
pil&ii:
with B-U
Cemplete
Vitiaia and
Mineral
PWaela
AT ANT
m 1 1
No Vitamin Upset
THREE MONTHS S95
SUPPLY "I
Available at Your ftrifj 6 to
Reg. 39c Zee
Toilet Tissue
Finest quality
for your bathroom
$1100
4 roll
packs 1
li aal.
ctn. I
17
Reg. 60c NuMade
alad '.'Pressing
Try and enjoy NuMade
for that truly-old-fashioned
flavor
qt.
45
Fresh Bread
Save 2c a Loaf on
Mrs. Wright's White or Wheat
Lge.
loaf
29
c
Fresh because you grind it
Airway
Coffee
The coffee with -
mellow flavor
$1.69 $1149 Reg. 80c
2-lb.bag y Mb. bag
If
For the Finest Produce-Rehiember Safeway
Ripe
mmm
Firm, Plump
Golden-Ripe
2
lbs.
Ripe Tomatoes
Fresh Peaches
Potatoes
Potatoes
Perfect
Slicers
lb.
29
Red
Havanas
U.S. No. 1
Long whites
U.S. No. 1
Economy pack
lb.
25-lb.
bag
10-lb.
bag
9
$
1
19
49
For the finest meats remember Safeway
IS)
m
Beef
Plate Cuts of Tender
"USDA CHOICE" Beef for
Economical Meals
Beef Short libs
lb.
tiusage
Polish
Frozen
Frozen Pet Food
Meat Pie
"USDA CHOICE"
Aged Beef
Safeway or
Del Monte
Manor House,
Beef, Chicken,
Turkey
lb.
12-oz.
rings
p9c
SHOO
Safeway "All
Beef" for 3-Ib.
dogs and cats . pkg.
59
Roman Meal Cereal
Delicious Hot Breakfast Cereal
28-oz.
pkg.
37
Modess Sanitary Napkins
Perfected
Protection
pkgs.
of 12
In our advertisements published between June 2 and June 14th.
1958, we erroneously described Gardenside brand, All-Green, Cut
Asparagus as "Asparagus Spears." By inadvertence, a number of
cans of this item were sold prior to our being made aware of the error.
We sincerely regret this mistake which is bound to happen, occasion
ally, when so many items are advertised a( bargain prices. For those
of your who purchased Cut Asparagus under the misapprehension
you were buying Asparagus Spears, return this merchandise to your
Safeway Manager and your money will be gladly refunded.
Sliced Luncheon Meat
Safeway Pickle Pimento,
Combination, Spiced, or
Sandwich Spread
8-or.
pkg.
Shop Safeway for Famous
Kraft Food Products
Pasteurized process cheese
American Cheese lt$Vs
Spreads, slices, toasts
Velveeta Cheese
-89'
Pasteurized slices easily
Old English Cheese :$12'
popular flavors
Party Snacks
Dairy Fresh
Kraft Caramels
2Y
Bisquick Packaged Biscuits
Refrigerated and Ready to Bake . '
Betty Crocker
Buttermilk Biscuits 2 31c
Betty Crocker
llomestyle Biscuits 2 JE 31c
Coffee Cake Uix Aunt ,emima mi o. 39c
Pineapple Juice Dele 46-oz. can 29c
Chunk Tuna B""' -Chickea K(,WciB 29c
Pure Maple Syrup Carey i bBtti. 53c
Instant Cocoa Hershej i.-. pkf. 47c
Snowflake Crackers l-lb. pkg. 3lc
Hi Ho Crackers Sunshine i.. 37c
Instant Cocoa Hershey " . -o2. pkg. 27c
Hair Tonic Facial Soap Bath Soap Stareb.
Valcream Dial Dial Niagra
.5.9' "t" 29f t. 39 'iT Si
Sandwich Bags Linit Starch Pie Fillings Frozeo f ies
Zee Quick, economical Jello Chiffon Bradley's Boysenberry
mm
Plan Now to Attend YMCA FIREWORKS SHOW July 4