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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Sept. 1, 1959)
4 , , ' ..... ., .: J ,SIp3SSS -SSL? MAIL TRIBUNE, Medford, Or. Tuesday, Sept. 1, 1959 7 Formosa Taxes Upped Temporarily Taipeh-(UPD- President Chiang Kai-shek today order ed a temporary increase of as much as 40 per cent -in taxes and the price of state-supplied goods and services to help Nationalist China repair the damages caused Aug. 7 by the worst storm in Formosa's history. Chiang's order said the in creases were necessary to meet a "serious financial and economic crisis." The flood affected 200,000 persons and ruined about 10 per cent of Formosa's culti vated farmland. PAN AM GAMES BEGIN D. S. A. Pan American Games team paraded past stands in Soldier Field at opening ceremonies of Pan American Games at Chicago. Over 2200 athletes from 24 nations paraded in the opening ceremonies. Last Quarter of 1959 Expected To See Industrial Output Spurt By ELMER C. WALZER UPI Financial Editor New York - (UPD - The last quarter of 1959 is expected to see a new spurt in indus- trial output, rounding out a record year for corporate profits. This outlook, nt CflllTBP IS 11 basea on a set wA tlement of the steel strike be fore the end EUner waizer of September because if it should go beyond that harp cuts might be forced in many lines because of a lack of steel. - ' . If 1959 turns out as the ex perts anticipate it will beat the previous record year for ' - - J There's An Easier Way to EXTRA CASH ...... .1 JL COMMERCIAL corporate profits, 1956, by a wide margin. Standard & Poor's esti mates that corporation earn ings this year will show gains ranging from 30 per cent to 40 per cent' over 1958 levels. Earnings Increase Seen Stndard looks for earnings gains of 25 per cent or more over 1958 in such lines as autos, auto parts, trucks, chemicals, copper, heating and plumbing, household furnish ings, construction machinery, industrial machinery, machine tools, meat packing, metal fabricating, radio-TV manufac ture rayon and acetate yarn, steel, telegraph textile weav ers, and tires and rubber goods. Standard & Poor's looks for gains of 10 per cent to 25 per cent from 1958 in air trans port, aluminum, apparel, bitu minous coal, casualty insur ance, cement, glass contain ers, department stores, distil ling, drugs, flour millers, can ned foods, lead and zinc, agri cultural machinery, mail or der, office equipment, domes tic integrated oil, internation al oil, oil well equipment, pa per, printing equipment, pub lishing, radio-TV broadcasters, railroads, railroad equipment, retail apparel chains, roofing and wallboard, shoes, tele phones, - variety chains, and vegetable oils. Lesser Earnings Gams of less than 10 per cent are foreseen in banks, biscuit bakers, bread and cake bakers, brewing, cigarettes, cigars, confectionery, metal containers, paper containers, dairy products, electrical equipment, electric utilities, finance companies, food chains, packaged foods, gold, life insurance, natural gas dis tributors, natural gas pipe lines, crude oil . producers, printing, shipbuilding, ship ping, small loan companies, soaps, soft drinks and cane sugar refiners, and theaters. It looks for earnings about unchanged for snuff compan ies. Beet sugar refiners are expected to decline less than 10 per cent. Declines of 10 per cent or more are loosed ior an air craft manufacturing and cane sugar increases. - Totalf Compiled Standard has compiled to tals for 674 industrial corn- Farms in the U. S. had 1,000 combines in 1910 and about 900,000 in 1956. Bock Stairs: Full Radio, Television Sought for Ike's Trip to Russia By MERRIMAN SMITH UPI White House Reporter London-flJPD-Back stairs at the European White House: Award for Colt Too Late for Owner Hillsboro-fllPD-Judges at the Washington county fair Sat urday night awarded a blue ribbon to a half-Arabian colt in the halter class. The award came on the 13th , birthday of the colt's mistress, too. . Even though the prize was the realization of the little girl's "life ambition," she wasn't there to' accept the award. Little Kathleen Wood, daughter of Mr. and Mrs. Alan Wood, died of aetite leukemia -a month before Star won his county fair ribbon. When President Eisenhower finally sets a date for his trip to the Soviet Union, the Amer ican government wants to be sure that the chief executive gets the fullest possible radio and television exposure before the Russian people. Quietly the State Depart ment has asked the big Amer ican networks to keep a pain stakingly accurate account of every minute given on radio or TV to Premier Nikita S. Khrushchev when he goes to the U.S. in a couple of weeks. Shell of Former Self In some way, this tabula tion will be communicated to the Soviet government with the idea that the Russians "Go thou and do likewise" when the President visits Moscow .Prior to. i!-isennower s ar rival in Great Britain last last week, the readers of some British newspapers had read at length that the President was a tottering shell of his former self. Consequently, there was genuine surprise voiced by numerous English citizens, and some of their officials, too, when the saw the strenouous arm-waving performance put on the tanned, smiling Presi dent during his long motor tour of London. The President, hi m s e 1 f, couldn't help shaking with mirth when his car passed slowly by a strong-voiced Brit ish woman who observed loud ly, "He doesn't look weak at all." Ike's son is "Project Of icer". ' The President's son, Maj John W. Eisenhower, is along on this trip in his official ca pactity as assistant White House Staff Secretary. Actual ly, his role is much more pcw dicate. The 37-year-old. Eisen erful than his title would in- hower is in truth the "Project Officer" for the President's entire European trip. In Charge of Details This means that John is and has been in charge of-virtually every detail of the long and compilcated journey. In the performance of his duties he is highly protective of his father's well-being. Driving out of the American embassy residence the other morning, the President was greeted by an improvised sign placed discreetly in the shrubbery some distance away. The sign painter must have been moved deeply by the ar rival ovation accorded the President because his handi work said, "Welcome Ike to the 51st State." ...WHEREVER GOOD FOOD IS SOLD... Snider's Quality DAIRY FOODS Park Free while shopping at Wards. Open 9:30 to 5:30 Mondays 'Til 9 panies in the first half. These show net profits oi Sb.dJo,- 852,000, a rise of 55.2 per cent over last year. Adding in railroads and utilities, brings the first half total to $8,195,478,000. a rise of 47.1 per cent over 1958. Among the big gainers were air transport, up 445 per cent; auto parts, up 186 per cent; autos and trucks, up 205 per cent; carpets and rugs, up 269 per cent; hard surface floor coverings, up 258 per cent; metal fabricating, up 158 per cent; radio-TV and electron ics, up 111 per cent; mail or der, up 225 per cent; steel and iron, up 145 per cent and textiles, up 185 per cent. Class one railroads rose 143 per cent. Aircraft manufacturing in the first half fell by 58 per cent and shipping was off 12 per cent. Standard doesn't believe there will be an armament stretchout as a result of the Khrushchev visit. Lid Back on Spending News Week and Interna tional Statistical Bureau look for prospect of limiting new projects in defense which would require large funds in later years. According to News Week, "the lid is back on defense spending. Now that emergency psychology has cooled off a bit, the administration is in a strong postion to hold the lid on a military budget it knows will soar to $50 billion or more in the years ahead if all the programs in the works are allowed to roll on unchecked." Sate End Soon VSR & ( w ryoiw r TERRIFIC BUDGET-STRETCHING VALUES FOR YOUR FAMILY, YOUR HOME, YOUR CAR BUY WHAT YOU NEED NOW-PAY LATER-use Wards Liberal Credit Plan it-. .. Aj j i a i n - -ft -.--.--.k-i-Ji. -.-j.-. A . fVff. CREDIT-PIAN Why do it the hard way? 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"Brian was paralyzed im mediately but had presence, of mind to hold his breath un til he floated to the top," said his father. : Stapp played halfback on the frosh team at the univer sity two years ago and worked out with the varsity squad all last season. However, the halfback did not play in any of the games with other schools last season as he wanted to pr&erve his sophomore eligibility until this year. SALE! Blouses, Skirts, Capris 1.99 Regularly 2.98 Wash - N - Wear blouses in several styles. Corduroy ca pris and quilted cot ton full skirts. 7-14. AGE-OLD PROBLEM Buffalo, N.Y.-(DPD-Remo A. Gigante, 32, of Kenmore was driving his ancient car to an antique automobile show in Buffalo when it refused to start up again after Gigante had stopped for a red light. Old' age? No. Gigante an nounced after an inspection: "I'm out of. gas." - Only 19 of the nation's ma jor cities depend upon wells as the major source of their . I municipal water supply. Truckers Sign; End California Teamster Strike San Francisco-OIPD-The Cali fornia Trucking association Monday accepted the Team ster approved contract which will send the last of 4,000 striking - teamsters back to work. Acceptance by the C. T. A., last group to approve the con tract, was announced by Fed eral Mediator George Hilen brand of San Francisco. Teamsters from San Fran cisco and San Mateo counties voted overwhelming approval of the contract which will end the 24-day-old strike at a mass .membership meeting of local. 85. The CTA approval will send 1,200 of the total 4,000 team sters back to work. Others . Approve Earlier Monday 2,800 team sters representing employers from the Distributors assoca- tion of Northern California, the San Francisco employers' council, the Peninsula Em ployers' Council, the United States Freight Lines and the Drayman's association of San Francisco were told to return to work today when the con tract acceptance by teamsters was announced. The CTA was the last hold out in the em ployer group. The pact approved by the Teamster membership was de scribed by union officials as "probably the best ever ob tained by a Teamster local Transportation Paralyzed It ends a strike that has paralyzed freight transporta tion in this area for; 24 days, and that has spread to sur rounding communities in the East Bay and San Jose areas' as Teamsters moved out their nicket lines to branches of trucking firms here. The two-year agreement provides $2.40 a day increase retroactive to July, and $1.80 daily increase effective July 1, 1960. Some drivers will receive an additional 10 cents an hour pay differential. SALE! Misses', Children's Arch-Cushioned SKIPS Sells nationally for 2.95 jm MQ Long wearing rubber soles. - Red, blue, some whites. 8V2 j to 3, 4 to 1 0. ' - 3) iff fers ;P Misses' Wash-n-Wear Pleated Skirts Reg. 6.98 wool and orlon in flare styles. New fall tone plaids. No-iron drapes in Fiberglas 544 pr. 48"x84" TO THE PAIR Just minute to wash, re hang Never any dry-cleaning costs Wards lowest price ever Champagne, green, pink, white Enjoy these luxury-look, carefree drapes ot Wards lowest price. Now even more beautiful with gleaming highlights from their textured weave. SALE! Girls' cotton slips 99' Usually 1.49. Bounc ing tiers of crisp Everglaze iced frHls. 7to14. j ; j SALE! Vibrator recliner with built-in radiant heat You con dial rate of vibration and degree of heat you wish. Only Wards has this chair. $5 down if 311 (jOTyi 4 SALE! 1.85 pour-type spun rock wool insulation IIVMI 79 Fireproof low density insula tion will not pack or conduct electricity. Curs heating and cooling bills. Covers 20 sq. ft. 3 in. deep. 11 58 SALE Reg. 5.79 Super House Paint Per Gal. 7 White, Colors Finest linseed oil base Higher coverage, lower cost Field tested for 25 years Comparable to $7.35 brands SALEI reg. 4.59 Shingle & Shake 3.99 per gal. For previously stained as well as new shingles, shakes. Choose white or 6 colors. Save! mj i Boatneck in lambswool-Orlon 5.33 Reg. 5.98 Campus-rage slit boatneck pullovers bulky knit of 75 lambswool 25 Orion Acrylic. Fall shades. S-M-L USE WARDS -CONVENIENT MONTHLY TERMS "S I mjpjip ii jMjij inuipiirii n jr--rirr.ini "tii n i n fir t r n t - w mm w i srwrww mwvmmmmmmm feP J ' ' , ; JBl Gleaming white f Sanforized ' ll 5 r - 'il- - '.. A ' Li' ---; I otons .asiiy without any carded twill ; - j tedious scouring. pr- outfits- of ' Free planning . r .. ,.c..d tub ha. . t f, v Free estimates durable enamel finish. 4fjO J I S '0$ Impervious solid vitreous set 1 I X. Low cost china lavatory and toilet. l-i- installation . MM Regularly 5.47 4t It f'im 'Complete with fittings to rough m gifeii f y 1 1 w Mm No,hi"9 e" 8 y I Long-wear 6-oz. shirts and 8.5 oz. pants. Vat-dyed tsn, bark, gray. Pants alone 2.64, shirt alone 2.24. Max. shrink., 1.
