Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 29, 1959)
General Motors Earnings Are Expected to Lift Net Incomes Men Enfer Pleas In Circuit Court The cases of Theodore Jasper Daily Jr., 22, of 544 Effie St., and Francis Merle Wallace, 24, general delivery, Medford, were continued in circuit court Monday before Judge Edward Kelly. Daily pleaded guilty to a charge of burglary not in a dwelling involving' entry of the Butte Falls general store June 25. The case was con tinued awaiting a pre-sentence report. '. Wallace pleaded guilty to a charge of uttering and pub lishing a false check and thel MAIL TRIBUNE, Medford, Or. cQ ac Pnntinon ,mt,.i' r dnesday, July 29, 1 959 By ELMER C. WALZER dollars, the General Motors report must show net income of $595,138,925 or $2.06 a share on the common stock. Wall Street experts believe that easily will be attained. The GM total would com pare with $334,514,226 or $1.17 a share in the first half of 1958. If GM attains this figure the five companies will show one billion net against $321,434, 782 for the first half last year, a rise of 208 per cent. 1959 Sales Way Up General Motors first half sales are estimated at $6,599, 000,000, against $5,031,261,- 000 last year. The four com panies reporting to date had a sales aggregate of $5,190, 560,000 for the first half, against $3,372,988,000 in 1958. Adding the General Motors estimated salej, the total would amount to $11,690,560, 000, against $8,404,249,000 in 1958, a rise of 39 per cent. Ford's first half amounted to $5.22 a share, against 29 cents in 1958. Chrysler's was $6.65 a share, against a net loss of $25.5 million. Ameri can's works out at $4.80 against $1.73, Studebaker's is $1.87 against a net loss of $13.3 million. For thi3 picture, American cause they will include new tools to turn out new compact cars that are expected to give the foreigners a run for their money. The fourth quarter should be a big one, say the experts. The year 1959 will see big earnings totals, other things Thursday at 2 p.m. The charge being equal and the steel strike kept within reasonable limits. It is expected the total output will cross six million units. ' Foreign producers aren't apt to take the inroads of the big three into compact cars lying down. They already are whooping up refinements to capture more American sales. Renault of France has a new gimmick to get the U. S. business-a front-engine, front wheel drive light truck. This rounds out its line which in cludes the 4CV and Dauphine passenger cars and the new Caravelle sports car. Rice is a chief food for about one-half the people of the world. UPI Financial Edilor v New York-fllPD-General Mo tors Corp. earnings for the first half of 1959 to be pub lished on Thursday are ex pected to lift net income for lhe nation's five automobile producers to a billion dollars. Earnings of the first four companies to report for the half year - Ford, Chrysler, American, and Studebaker Packard amounted to $404, 861,075. This total compared with a net loss of $13,079,484 In the first half of 1958. To bring the net for the five producers up to one billion Motors earnings have been worked out for the half year. Its report made the other day was for tne first nine months of its fiscal year. That period showed sales of $688, 787,216 and net income of $49,599,962 or $8.36 a share. These figures compared with $358,518,676, $14,583,416 and $2.61 a share for the 1958 pe riod respectively. Big First Half It was a giant first half all around. The third quarter isn't going to be as big, say the automobile makers. And their expenses will be higher be involves a check for $42 cash-J ed at the Timber room. MEDFORD PAIHT and Wallpaper Stare 6th & Holly Diagonally Across from Post Office PHONE SP 2-9321 We Give GAINS CONGRESSMAN Washington (UPD-Washington state will gain an additional Congressman in-, 1962 when the new Congressional appor tionment is made in 1961 bas ed on the 1960 census, Rep. Russell V. Mack, (R-Wash.) has predicted. PINT WITH S&H GREEN STAMPS N . . . H Restaurants With No Waitress Seen Cleveland, OhicMUPD-Pretty soon you may be able to enter a restaurant where there's no waitress to flirt with or waiter to yell at. In fact, you'll be darn lonely if you don't bring your own best gal or beau. Designers for Industry, Inc., here have developed an all electronic restaurant which hasn't a waiter, chef, cook or dishwasher in the place. Gilbert Huiit, director of in dustrial design for the com pany, said diners will sit at a semi-circular table and order their meals simply by push ing a button. Anyway from a cup of coffee to a five-course meal will appear out of the wall. For single diners, the table, complete with food, dishes, sil verware and all, will pop up with a push of the thumb. About the only person in the restaurant will be the cash ier," said Hunt. "And the set up can be arranged so that customers can pay electroni cally by credit card." . . .At the other end of the push button, about 250 frozen pre cooked meals will be stored in the kitchen: When the custo mer orders, the meals are moved into radar range and within seconds are ready to serve piping hot. ... An electronic brain will keep track of food supplies and only one attendant will be required to fill the empty racks to feed 32 diners at one -time. ? Dishwashers are eliminated in the electronic eatery be cause disposable plastic dishes go into the garbage and silver--ware is automatically steri lized and set up for the next diner.. Hells canyon of the Snake river between Idaho and Ore gon is deeper than the Grand canyon of the Colorado, chief ly in Arizona, and it is also much narrower between the top rims. " An estimated 23,000 persons In the United States suffer the loss of their eyesight every year. Trim, Slim, Smart f Hi- ..IT.. 9225 14M-26K ;The beloved shirtwaist newly streamlined to do the nicest things for the more ample figure. Note sew-easy tucks, slimming skirt with pocket detail. Tomorrow's pat tern: Child's dress. Printed Pattern 9225: Half Sizes 14VS, 16V&, 18V, 20Vi, 22V&, 24, 26. Size 16 re quires 4 yards 35-inch fab ric. "Printed directions on each pattern part. Easier, accurate. HSend Thiriy-fiv cents (coins) for this pattern add 1Q cents for each pattern for first-class mailing. Send to riarian Martin, Medford Mail Tribune, Pattern Dept., 232 West 18th St, New York 11, N.Y. Print plainly NAME, AD DRESS with SIZE and STYLE NUMBER. Keep Cool . . . Beat the Heat! TRAVELAIRE Air Coolers 95 up Check Our 49 Table Some -One Of A Kind Many Values to 3.95 Reg. 14.95 G-E FRY PAN 2 Only Reg. 29.95 VIBRATOR CUSHION ; 5 Only Reg. 10.95 HAIR CLIPPER SET .. : Reg. 8.95 4 Player BADMINTON SET . 3 Only Reg. 12.95 METAL ICE CHEST 2 Only Reg. 1295 NELSON DEEP FRYER ... .. .... Reg. 1.49 STEEL SCISSORS Cuticle and Household Type Reg. 3.49 GALLON CAMP JUG 1 4 Only Reg. 9.95 14-PC. PLAS-TEX PITCHER & TUMBLER SET .... 5 Only Reg. 9.95 EMPIRE AUTOMATIC COFFEE PERCOLATOR 4 Only 5.88 8.88 7.88 4.88 5.88 6.88 69c 1.99 4.88 6.88 "MOUNTAIN W00DLAWN" Pattern PIECE SET COMPLETE SERVICE FOR 8 FINE QUALITY IMPORTED PAY ONLY NO MONEY DOWN - LOW AS 25c WEEK iTnjnssgHiB,BBs 4jL WEEK HERE'S WHAT YOU GET: 8 BIG 10-INCH PLATES 8 BIG SOUP BOWLS 8 BREAD AND BUTTER PLATES 8 CUPS 8 SAUCERS 8 CEREAL-FRUIT DISHES 12-INCH OVAL PLATTER 10-INCH SERVING BOWL SUGAR BOWL AND COVER CREAMER PLUS These Pieces Included FREE! 3 PIECE SALT AND PEPPER SET 3 PIECE RELISH OR JAM JAR PIECE OIL AND VINEGAR SET picrc rnvcecn rutted nic.u S,W --v -Eft A i ll rrr cave nn 'rf MANNING-BOWMAN 7-INCH Size ELECTRIC SAW reg. WITH FULL r2 H.P. MOTOR Special Only Externally adjustable interna! clutch Automatic retractable blade guard 3-position nanaie run .Idi-hp motor. I J PAY ONLY 1.00 A WEEK eMP ROYAL 700 ROYAL 700 TUBELESS 8 TRANSISTOR PORTABLE iifiPAQ Performs Where Others Fail Plays In Your Car On Trains or Planes Sensitive Wavemagnet Loop Antenna Quality Tone, 4" Alnico 5 Magnet Speaker Genuine Cowhide Case, Carrying Handle ONLY 1.50 A WEEK "3 Ranger" SLEEPING BAG ONLY SOc A WEEK n r Mb. Wool-filled 00 Wafer Repellent J Windproof Other Outstanding Sleeping Bags Reg. 19.95 ll88 Reg. 24.95 52. 14 Reg. 29.95 SS 1995 TV y "eg. 0. 1 1 5 3-Psuni 9995 FULL SIZE VINYL AIR MATTRESS 299 3 1 Reg;. 24.95 BARBECUE BROILER' Includes motor and spit 1 Only Re&. 39.95 3-PC. LUGGAGE SET Keg. 7.95 - " WALL MIRRORS 3 Only Reg. 45.65 12-Pc. CLUB ALUMINUM COOKWARE Reff. 44.95 12-Pc. WATERLESS COOKWARE SET 3 Only Reg. 126.00 FINE BONE CHINA Complete service for 12 2 Only Reg. 69.95 ENGLISH BONE CHINA Service for 8 - 2 Only Reg. 59.95 ENGLISH BONE CHINA Service for 8 1 Only Reg. 1.49 CHINA JL . CUPS and SAUCERS P Reg. 9.95 3-way All Steel CARPENTER LEVELS Reg. 49.95 Shetland FLOOR POLISHER ; 3 Only 149.95 Value FORMO ST k SLENDER LOUNGE .... 3 Only ' CHECK US FOR TOUR BRUNSWICK BOWLING EQUIPMENT NO MONEY DOWN - LOW AS 25c WEEK KODAK HOME , Movie Kit Reg. 119.95 Value Projector ' Camera Screen Film & Processing 2 ONLY Complete 788 Kit Only j? Reg. 140.95 TYPEWRITER ENSEMBLE Desk and Chair and Carrying Case Royal Aristocrat Typewriter 1 ONLY Complete m "g "95 Ensemble I I - gl NEW LOOK ISfv j ilpSlP I PORTABLE J pHt M 122 East Main Street Medford Store Hours: 9:30 a.m. to 5:30 p.m Phone SP 3-5348 1U inch SPORTABLE BEAUTIFUL SLEEK VERI-THIN STYLING Fhir packed . . . ligfctwaiaht Transfrmtrpweid chastis Front Mniaq and tawd Hiah affieieiiey built-in HP' aiitamw iw tmi 17ack fib tavorall diaqMal) 1S sqaar ickM of viawabla piehir I If -g
