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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 5, 1959)
Construction Expected To Set New Record High During 1960 I : J A By ELMER C. WALZEB UPI Financial Editor New York - (UPD - Construc tion in 1960 is going to set a new high record, according to the annual fore cast of Arc hitecutal Forum. If it does, J it will be the 16th ann u a 1 f record ina row. And that in itself is something of Riser wainr a record. : The rise over 1959 is ex pected to be small - 1.5 per cent in current dollars, and 0.5 per cent in 1947-49 prices. It's a small gain because .1959 was so big. The 1959 construction figure is placed at $54.9 billion, a jump of 11.8 per cent over 1958. That's three and a half times the average increase of the past few years and more than twice the most optimistic pre diction. The Forum expects 1960 building to reach $55.7 bil lion, with private building at $39.3 billion, up almost 2 per cent and public at $16.4 bil lion, up only 0.5 per cent. No Ris in Housing The 1960 rise is slated to come without benefit of a rise in housing. Forum estimates that privately-financed one and two family starts probably will fall 11 per cent from 1,112, 000 units in 1959 to 990,000 in 1960. However, it points out, ex penditures for housing will fall less - about 6 per cent -because of a big carryover of work begun in 1959 and the trend toward larger, higher quality, and more expensive homes. The giant size of the 1959 building figure was caused in large part by gov ernment use of construction as an anti-recession tool, it is pointed out. Hence, .the Forum suggests the years 1959 and 1960 be taken together for appraising the trend. 1 Now that the industry is back to a more normal basis and no longer an anti-recession tool, the Forum wonders if it were worth while to use this industry as a pump primer. "In a major recession," says the Forum, "federal pump-priming with construc tion dollars may benefit the economy and the industry alike, but in a minor reces sion like that of 1957-58 it may do both more economic harm than good." Wall Street regards the construction industry as one of the three major industrial lorces xnai may influence a new bull drive. The other two are automobile and steel. These three, running at full tilt, could lead a smart in- i dustrial rise. They will need financing from banks and hence will exert more pres sure on the money market. It is admitted that tight money could slow things down, but somehow market mien are convinced that some increases will be made in the credit base to keep the boom booming. And that in turn, they hold, could well send the stock market to new highs. Wall Street New York (UPD - Big depres sions are things of the past, but the postwar rhythm of one recession every, four years is taking a definite pattern, says Challenge Magazine. ; Some experts look for an other business downturn in 1961, and one after that in 1965, Challenge adds, noting that such a rhythm has never Segni Reports v Positive Results New York - flJPB Italian Premier Antonio Segni arriv ed here from Washington Sat urday and said his talk with President Eisenhower and Secretary of State Christian A. Herter had brought' "posi tive results." "I believe these talks have provided an - interchange of ideas and a furthering of friendship between our two countries," Segni 'said. Segni went from La Guar dia airport to the United Na tions for a meeting with U.N. Secretary General Dag Ham marskjold. ;, The two officials discussed disarmament, the Middle East, aid to underdeveloped countries and the Laos crisis. before .been observed in -the economic history of the na tion. - :, " "The striking similarity in fluctuation of business condi tions (since 1947) . suggests that similar setbacks will con tinue to follow one another at similar intervals," the maga zine asserts. Theyll Do It Every Time By Jimmy Hatlo -Twhe NEVER KNOWS WHO WINS VDON "THINK HE EVER GOES y" THE GAME OR THE RGHT ANYWHERE ME OUST PICKS I HERE'S THE X V HE JUST KNOWS WHERE J V. UP THEM STUBS AT THE SSECIIW4.VV HE SAT ; ; yJOTy DUMP- oKnSsrl he only goes otATll SIheS Ai-wivsN BOIE nSsLjr- 1 ONLV REASON HE TOOK H I Mf OF LOSNG.MORSE r TELLM30 ( THIS OOB HE FOUND W i If) 1 TIGETS-ME!S GOT WHEISATK lA OUT THE FIRM HAS A Lml3 ffl T AN EXTRA UOB "aSVpfe S J&gF&5J SWEU. SEATS HE'S HAD Jacques Coe & Co. says the stock market deflation is a good thing. It is constructive and sobering-last summer the trees appeared to be growing in heaven-now we know dif ferent, it adds. S. H. Kress plans a steady growth of 50 stores annually in the 1960s, says E. F. Hutton & Co. So far this year volume is slightly behind 1960 fig ures, it notes. . Francis I. DuPont & : Co. says American Machine & Metals holds ' attraction for long-term growth purposes. Thomson & McKihnon says because of their revenues and e a r-n i n gs stability, electric utility companies lend a high er degree of assurance to con tinuity . of dividends without fears of reductions. Stocks of such companies display great resistance to long-term down trends, it notes. Things worth saving for in the life of every family Back Stairs: Ike's Cold Not Serious By MERRIMAN SMITH UPI White House Reporter Palm Springs, Calif. (UPD Back stairs at the White House: Just how serious is the President's cold? Not very, judging from the attitude of his doctor, Maj. Gen. Howard Snyder. ... , - The other morning, when the President went out to play; golf at the El Dorado Country Club, reporters clus tered around Snyder. "How's your patient doing today, doctor?" the newsmen asked. "Fine as far as I'm con cerned," - he said, "but you fellows will have to judge for yourselves. He's been getting around so fast that I haven't seen much of him." x The home of George E. Allen, where the President is staying, ,is on the 1,000-acre grounds of the La Quinta Ho tel, about 20 miles from Palm Springs. La Quinta is in the process of putting in a brand new golf course,, but the President will not have an opportunity to try it this trip. The grass along the fairways and greens is just starting to come up, and the course will not be ready for another month. May Return in February " Friends of Allen say the President likes : the climate and seculsion at La Quinta so much that he's thinking about coming back out here in the late winter, probably in Feb ruary. . - Seldom has the White House staff been spread around quite so much as it is here. , The President lives at La Quinta with Allen. Dr. Snyd er, Press Secretary James C. Hagerty and Mrs. Ann C. Whitman, Eisenhower's per sonal secretary, ' live -", four miles away at the El Dorado. And Hagerty has his offices in the Ocotillo Hotel on the edge of Palm Springs, about 18 miles from El Dorado. The White House press also is quartered in the Ocotillo, but there is a second press room complete with . type- sS "f A new arrival... a college education a new home . . . a comfortable retirement Join the 23 million Americans who save at associations like ours where their money is safe and earns excellent returns. Start a savings accoimt now at Investments " made by the 10th of the month earn dividends as of the first. . v . FIRST FEDERAL i Savings & Loan Assn. of Medford 29 North Ivy St. Robert F. Kyle Manager A f Radio Amateur Class Started at Gold Hill ' Gold Hill A radio ama teur training class has been instituted at Hanby school in Gold Hill. - The class is correlated with the science program to give interested and capable boys and- girls from grades six, seven and eight an opportu nity to study radio code and theory in order to prepare them for an amateur radio li cense, and to acquaint pupils with modern electronics. Instructors are Marvin Throne. and Allen Hill, both teachers at Hanby. Hill has his own ham radio station in Central Point, and Throne has a mobile station in his car. Other ham radio stations in the area are those operated by Darrell Ross and Paul J. Rasmussen, Gold Hill. They Gas Tax Boost In '61 May Prove To Be Unneeded Salem-(DPD-State Sen. An thony . Yturri ' (R - Ontario), chairman of the interim high way committee, said Friday that Oregon could probably get by without increasing the state gasoline tax, one. cent a gallon in 1961. . . The 1959 Legislature failed to pass a one-cent tax request ed by the state highway com mission and the commission then told legislators the tax would probably be necessary in 1961. However Yturri, Senate minority leader,' said more revenue was being gained from truck taxes which are running about 14 per cent over 1958. -; :" -:-. Congress also voted a one cent federal gasoline tax in stead of the cents request ed by the Eisenhower Admin istration. This means that Ore gon will need less money to match federal highway funds. Yturri's remarks came at a meeting of the highway com mittee at which the state highway engineer explained road financing in Oregon. State Parks Superintendent C. H. Armstrong also explain ed long range park planning and said that Oregon- was spending $1,800,000 on parks this year, $100,000 more than last year. will be called on for resource information.. One Period Per Week One class period a week is set. aside for the radio class. Only students who are inter ested and capable will be per mitted to continue the class. Pupils participating will be required to keep up to date in all regular class room sub jects, and no one will be ex cused from regular class as signments. ' -. The radio class period will consist of 20 minutes allowed for code practice, and another 20 minutes for instruction in basic theory. Weekly assign ments will be given. When students are ready for radio license test, arrange ments will be made to super vise them. Pupils taking the radio class course ; will pur chase their own books. The suggested outcome of a training program is that ah amateur radio station could, be established at the school, supervised by qualified per sonnel and operated by lii censed students. , The cost of such a project would be none or little borne by the school, because radio gear will be donated by inter ested people. This will be sup plemented by surplus radio equipment from the govern ment, for which the school should be able to qualify, the instructors said.- Students enrolled include Dick Ross, Donald Gail, Kirby Koopman, Tom Abbott, Mike Turner, Phillip Van Horn, Mike Mqwrey, Kenneth Cur rey, Peggy Dye, and Carlotta Davis, all seventh grade pupils.- Paul Thompson, sixth grade, and eighth graders Dave Force, Greg Applen, Robert Allen, and Ogden Kel logg.' -- - - : - v FIRE AWAY, GENTS v Crossville, Tenn. (UPS-You j can spit all over the place in Crossville today. Town offi cials passed a special act Fri day lifting the ordinance pro hibiting public expectoration in preparation for the annual forest festival's spitting con test, the winner of which re ceives two large spittoons. Have Your Doctor Phone Your ion Then you can pick it un while you PARK ft SHOP or we'll DELIVER IT FREE . Open 8 a.m. to 9 p.m. Daily CLOSED SUNDAYS 4tJ Green Stamps mm.. Main and Central writers and telephones at La Quinta. J . , This - situation- makes for quite a bit of auto traffic be tween the various headquarters.- -. -: Special Telephone Number , The vacation White House, as it always does away from Washington, has a special, secret telephone number. When the number is dialed, an army signal corps sergeant on the switchboard answers cheerily, "this is the El Dora do White House.".1 , . Which has the publicity conscious folks of this beauti ful valley wondering why the signal corps operators could n't, say "The Palm Springs White . House" , or the "La Quinta White House." , ' , Possibly the : way-.-out of this situation would be to al ternate the answering phrase and . take turns among the various communities and ho tels of Southern California. On the other hand, what good would it do if the num ber is kept - secret from the general public? . : Some of the White House travel party, every, bit as tired as Eisenhower and possibly more so, ; are going around with sniffles imported from the east. But they tell it this way, "We came out here for the President's cold - and got it right away." Prisoner Slain By Guard During ;-.':;' I Attempt Escape Florence, Ariz.-(UPD - A for mer golden gloves boxer from Montana who killed a man with his fists was shot and killed early today by a guard during a breakout attempt at the state prison. Warden Frank Eyman iden tified the victim as Paul Fran cis Hendricks, 25,: who was serving a term of 5 to 10 years for. manslaughter in Tucson, Ariz. . .': .Two. other inmates also at tempting to scale the north fence surrendered when the guard shot Hendricks in the back. ; ' " ' ; In Solitary Confinement The guard was Jose R. L. Estrada. The other inmates were J. D. Rice, 20, a burglary convict, and Robert Tyrey, 18, who was serving terms for receiving stolen property and for grand theft. They were placed into solitary confine ment for 30 1 days each. Both were convicted in Phoenix. Hendricks, a former airman from Davis-Monthan Air Force Base near Tucson, was on top of the barbed wire fence 20 feet high when the guard fir ed a warning shot, Eyman said. The next bullet struck the convict. Hendricks' mother is Mrs. M. Erlandson, Missoula, Mont. Pleaded Guilty : After a five-day trial in Pima County Superior court at Tucson, a firstHdegree mur der charge against Hendricks was reduced to-manslaughter and he pleaded guilty. He punched and kicked Charles D. McKalsen, 31, a Tucson electrician, to death last spring and was imprison ed Aug. 9. The airman testified he was shocked, scared and ashamed of his act. At the time of his arrest, he boasted of his punching ability.; ' An autopsy showed McKal sen died from - blows to his chest. ' ' ' ; ' i ' ; STEEL POLICIES HOLD Chicago -(OPfl- Striking steel workers still are covered by their company insurance poli cies, steel corporation, offic ials said Friday. The strikers will receive coverage through the end of this month with premiums paid for insurance funds, the officials said. BEST SUGGESTION OF ALL Evansville, Ind. - (CPD-Mayor J. William Davidson offered one final suggestion for the city employees' suggestion box which he discovered was used for little but discarded chewing gum wrappers: Take it down. . ; . , , MAIL TRIBUNE, Medford, Or. C. Monday, Oct. 5, 1959 : o WARDEN'S SUGGESTION London-ffPD-Prison officials said today they will put staff suggestion boxes in all of Brit- ain's prisons. The suggestion boxes! will be placed wher prisoners can't get at them. 3 THE . JAMES CROW created the first modern bourbon 1835 , James Lrow 6. Masterpiece ( G3LJ3 v CIrlGW Born 124 years ago. America's favorite today. 53 25 PT. $coo 45 Qt. r. Light" Mild -86. Proof :',. . ' KENTUCKY STRAIGHT BOURBON WHISKEY OLD CROW DISTILLERY dO- FRANKFORT. KY..DISTR. BYflATIONAL BlST.PROO. CO. oMcrow I ft , a mm l A P 1 1 f f" n lliiiiilfeilsfiiin 1 -Vf -.. f?ir - I t. i !i- .1 ( 1 I -I I it i h.. J '. I 1 -.1 I . Ill r I I II -Itll 1 1 ., ...,''-' f . -V , Ax I X? "vs."' i .- ft! ? M 4 X , -r VI re. .,f - X OB I'X l I ! i Vi HI I0P 3 Hi Ground spraying with ORTHO'Endrin is the most effective-" - most economical method for control of orchard mice. Up until now, the control of orchard mice has been an expensive, timeKnsuming task; Previously used control measures such as hand-baiting, and the use of wire mesh screen, required costly hard labor and were not always effective. Now, ground spray with ORTOO Endrin gives you a sure, efScieht method of controL For complete information on the con trol of orchard mice, call your nearest ORTHO Fieldman. Helping the World Grow Better o California Spray-Chemical Corp. A MikdMrr W CalKsraio Omtol C. i ' Portland, Ore. Yakima, Wenatohee", Walla, Seattle, Washington. Walla
