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
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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
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