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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
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Fraternity Party
Fatal To Gridder
Seattle-dlPU-A University of
Washington football player,
Brian Stapp, 20, of Chehalis,
died early this morning after
suffering a broken neck Sun
day in Lake Washington.
Stapp received the injury
during a fraternity rushing
party. He dove off a houseboat
into shallow water and hit his
head on a rock.
"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 $7.35 brands
SALEI reg. 4.59
Shingle & Shake
3.99 per gal.
For previously stained as well as new
shingles, shakes. Choose white or 6
colors. Save!
mj i
Boatneck in
lambswool-Orlon
5.33
Reg.
5.98
Campus-rage slit boatneck
pullovers bulky knit of 75
lambswool 25 Orion
Acrylic. Fall shades. S-M-L
USE WARDS -CONVENIENT
MONTHLY TERMS
"S I mjpjip ii jMjij inuipiirii n jr--rirr.ini "tii n i n fir t r n t - w mm w i srwrww mwvmmmmmmm
feP J ' ' , ; JBl Gleaming white f
Sanforized ' ll 5 r - 'il- - '.. A ' Li'
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f, v Free estimates durable enamel finish.
4fjO J I S '0$ 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.