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GROUNDED The 422-foot freighter Lipari has been grounded since Friday near Gray
remained aground today despite repeated land, Wash. This morning the tug Salvage
efforts to refloat it. The Coast Guard ex- Chief broke a cable trying to pull the
pressed hope that it could be freed Thurs- freighter free. (UPI Telephoto)
day on a predicted nine-foot tide. The Lipari t
MedfordTribune
Regional Edition
Stocks Show Rise
O ve r B road F ro n t
New York-flJTO-Stocks ad
vanced over a broad front
Monday with electronics lead
ing the way.
Studebaker - Packard set a
new high on a rise of more
than a point. Others of the
Studebaker group set new
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300 15.62 19.60 27.77
500 26.04 32.67 46.29
750 39.06 49.01 69.44
1000 52.08 65.35 92.59
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-
Page2
tops with the preferred up
25 points. American Motors
made a new high on a rise of
more than 3 points. The re
mainder of the auto section
held in a narrow range.
' Jersey . Standard ' led the
oils and rose on higher earn
ings. Chemicals, rails, steels,
coppers and tires joined the
upturn. Some of the tobaccos
tmet good" demand. Special is
sues rose as much as 4 points
in Brunswick Balke and
Dana.
Naw York (CPU- Dow
Jonat final stock averages:
30 industrials 637.61, up
4.54; 20 railroad 156.78, off
0.17; 15 utilities 87.33, off
0.12, and 85 stocks 211.65,
up 0.81. Sales Monday were
about 3.580,000 shares com
pared with 2.880,000 shares
Friday. '
Monday's - prices on selected
stocKs:
Allied Chemical
-117i
Alum Co. Am. .
-100 ,
American Can .
American Mtrs.
43
72i
78
61
74
65
55 Vx
30
32
AT&T
Anaconda Copper
Armo steel
Bendix Avn.
Bethlehem Steel
Boeing Air
Caterpillar Corp. .
Chrysler Corp. ,
Continental Can
Crown Zellerbaeh ,
Curtiss Wright
Dow Chemical
Du Pont
. 60
47
, 53
31
88
.259
Eastman Kodak
93
26
Firstone
General Electric.
General Foods
78
97
General Motors .
Georgia Pacific
Graham Paige
Greayhound
2V
21
Gulf Oil
112
Homestake Mining
41
45
Idaho Power
I. B. M
Int Paper
Johns Man ;
Kennecott Copper
Lockheed Aircraft
Katy
Montana Power Co.
Montgomery Ward .
Nafl Biscuit .....
New York Central .
Pac G & El
Penney. J.C. . .
5
24
- 50
52
31
61
107
- 16
Penn KK
Radio Corporation
Richfield Oil
Safeway
60
,' 72
.30rS
Sears
- 4T
72
- 41
- 39
- 46
40
- 47
6
76
17
. 22
31
- 22
- 38
..134
- 32
38
. 42
.. 59
-100
-130
Shell Oil
Socony Mobil Oil
Southern Co.
Standard California
Standard Indiana.
Standard NJ.
Sun Mines
Texas Co.
Texas Gulf Sulfur
Tex Pac Land Trust .
Transamerica
Trans Wld Air
Tri-continental
Union Carbide v
Union Pacific
United Aircraft
U. A. L
U.S. Rubber
U.S. Steel
Youngs town S&T
Tavernowners Have
Diocesean Speaker
Grand Rapids, Mich. - (CPD -The
radio and television di
rector of the Grand Rapids
Roman Catholic diocese told
the nation's tavernkeepers to
get rid of their inferiority
complex because they are in
an honorable profession.
The Rev. Hugh Michael
Beahan told delegates to the
10th annual convention of the
National Licensed Beverage
association to "stand up and
fight the bluenose enemies of
the liquor industry."
"You have every right to
take your legitimate place in
your community as a man
who nrovides a legal and hon
est service," he said.
Controlled drinking,.- he
said, relieves tensions and re
laxes. "Because drinking cre
ates a problem for a relative
ly few people, we should not
consider depriving the vast
majority of normal adults,"
129".
: 514
.93!.i
b added.
Queen Opens New
Parliament With
Relations Pledge
London -W$ Queen Eliza'
beth opened the new Parlia
ment today with a pledge by
Prime Minister Harold Mac
millan's government to con
tinue to work for better East-
West relations.
The government - written
speech, read for the Queen
in the House of Lords, also
outlined Macmillan's legisla
tive program. It contained
proposals for changing gam-
bung laws, clearing slums,
helping unemployment, and
aiding old age pensioners.
The Queen canceled the tra
ditional opening of Parlia
ment ceremonies because she
is expecting her third child
early next year. The monarch
usually rides to the Parlia
ment Building in an ornate
gilded coach and marches into
the House of Lords in, crim
son, and ermine robes. ;
Pledges Support
Her speech : pledged con
tinued British support of the
United - Nations, NATO, the
10-nation Disarmament Com
mittee, and European trade
alliances. Most of it, covered
domestic issues.
Chief ; of these was the
betting and gambiing regula
tions. Under a bill expected
early in, the session, card
playing in public will become
legal, " as will - betting with
cash on horses outside the
racetracks. At present, only
credit accounts or trackside
betting is permitted.
Another widely discussed
reform expected to be acted
upon is new opening hours
for the pubs. The reform is
not believed aimed at remov
ing restrictions entirely, but
it will make it easier to get
a drink on Sunday in Scot
land and provide . more lee
way in the frequent periods
when pubs must be closed.
Student Counseling
Offered by College
Ashland-Among facilities of
fered by the Southern Oregon
c.o liege psychology depart
ment,, headed by Dr. Loren
E. Messenger, is free student
counseling. - These services
would cost $5 at any compara
ble school and much more if
they were subscribed to from
a commercial agency.
Study clinics. formed to
help students solve individual
study problems and learn to
study more efficiently, are be
ing conducted for off campus
students by Dr. Alvin Fellers.
These sessions are held Mon
day through Friday at 1 pjn.
Similar work is beins' fon
between dormitory counselors
and Dr. Harold A. Cloer to
improve study conditions in
the campus living groups.
other help extended to the
students by the psychology
department includes parwr
guidance. The department is
equipped to test aptitude, per
sonality, general abilirv. or
achievement. Using the re
sults of the tests the mem
bers of the psychology depart
ment help the students choose
future college courses..
FEEL EARTH TREMOR
Columbia, S.C.-nJPB-A slieht
earth tremor was felt in cen
tral and northeastern South
Carolina Monday , night, the
U.S. weather Bureau here re
ported. The tremor , lasted
about three or four, seconds.
No damage was reported.
Aside from its major pro
ducts of vegetables and citrus
fruits, Florida is becoming an
increasingly '- important cattle
raising'state.
Amounts Increased
For Items; Surplus
Promised Russians
-Moscow - (CPD - The Soviet
government presented a 186-billion-dollar
1960 budget to
day which boosts spending for
science and for benefits to
the average Russian and
promises a surplus ..without
cutting defense funds.
Deputy Finance Minister
Vasily Garbuzov, presenting
the budget to the second semi
annual meeting of the Su
preme Soviet, Russia's con
gress, increased amounts' slat
ed for pensions, housing, edu
cation and culture, and health
and physical well-being.
He also promised to abolish
personal taxes "in the next
few years." '.
The' proposed budget would
leave an anticipated surplus
for the coming year of 27,300,
000,000 rubles ($6,825,000,
000.) Garbuzov outlined budget
calling for the expenditure of
744,800,000,000 rubles ($186,
700,000,000) of which 96,100,-
Geneva Nuclear
Meeting Resumes
Geneva 07PD The East-West
nuclear conference resumes
today in what some observers
believed could be a major test
of the "Camp David spirit", of
improved relations between
Russia and the West.
U.S. Ambassador James J.
Wadsworth, Britain's Sir Mi
chael Wright, and Russia's
Semyon Tsarapkin were sit
ting down in the Palais des
Nations to confer for the
128th time since the negotia
tions began last Oct. 31, near
ly a year ago. It was the first
nuclear meeting since the
talks between U.S. and Soviet
heads of government at Camp
David, Md., last month.
The negotiations had clear
ly reached a critical point,
with the central issues nar
rowed down to one apparent
ly immense problem - East
West agreement on a system
of effective inspection and
control of any nuclear test
ban, which the West insists
on.
Basically there has been
no change in the East and
West positions since the con
ference recessed with general
agreement on 18 parts of a
proposed 24-part nuclear ban
treaty.
It had been hoped Presi
dent Eisenhower and Soviet
Premier Nikita Khrushchev
would thrash out remaining
problems at their Camp Da
vid "summit" last montir but
there was no actual proof the
big two discussed the nuclear
conference in detail.
County Pupils to
Collect forUNICEF
Pupils of several Jackson
county schools will receive
paphlets this week explaining
the annual UNICEF Hallo
ween project.
Using the . slogan "It's a
good trick to treat for
UNICEF" the flyers explain
how the Medford chapter,
Oregon United Nations as
sociation, is sponsoring the
annual coin collection to buy
food and medicine for chil
dren of less fortunate coun
tries. Children are asked to meet
at the school house in their
neighborhood- at 6:30 p.m.
where UN members, interest
ed parent-teacher association
members and other adults will
give them instructions and a
little carton for the coins.
The children are asked to
return at 8 p.m., turn in their
coins, and receive a treat of
cider and doughnuts. Bakeries
of the county , are donating
the doughnuts, Medford Elks
lodge and service clubs the
cider.
United Nations Interna tion-.
al Children's Emergency Fund
says that one dime will buy
50 glasses of milk for hungry
children in other lands; 10
cents will also buy enough
penicillin to cure two children
of the tropical disease, yaws.
Mrs. John B. Lynch, 139
Kenwood avenue, who is com
pleljig the work which Mrs.
Gibbons began as chairman
states that anyone interested
in contributing, and not avail
able on Halloween, may call
her at 'SPring 34984.
Sugar beets are grown, as i
commercial crops in Alberta,
Manitoba, Ontario and Que
bec. . ' 1
0 0 0,000 ($24,025,000,000)
would go directly for defense.
Asks Bigger Pensions
He anticipated a total reve
nue 72,100,000,000 rubles
($193,025,000,000). -
Garbuzov proposed to in
crease pensions by 2,300,000,
000 rubles ($575,000,000), to
spend 47,700,000,000 rubles
($11,925,000,000) for housing,
102,000,000,000 rubles ($25,.
500,000,000) for education and
culture, and 47,500,000,000
rubles ($11,875,000,000) for
health and physical culture -all
substantial increases over
the 1959 budget figures.
Spend ing on "consumer
goods and food" will increase
13.6 per cent, he said.
He proposed to keep Russia
in the forefront of the space
race by increasing spending
on science by 15.4 per cent,
to a total of 32,600,000,000
rubles ($8,150,000,000).
The official ruble exchange
rate is four to the dollar, but
the widely used tourist and
business rate is 10 to the dol
lar. The dollar figures given
are based on the four-to-one
rate.
Ovation for Khrushchev
Garbuzov told the 1,378
member Supreme Soviet that
the government would depend
on direct taxation of the
people for only 7.4 per cent
of its revenue in 1960, a cut
from the 7.8 per cent figure
in the 1959 budget.
Indirect taxation provides
the rest of the money. In ef
fect, the entire price structure
includes the tax framework.
Since the government regu
lates all prices, all it has to
do if extra revenue is heeded
is to raise prices.
Before the budget message
was delivered, the Supreme
Soviet accorded Premier Ni
kita S. Khrushchev a thunder
ing, standing ovation as he
strode into the house of
Unions at the Kremlin.
Dark Blue Suit
Khrushchev, wearing a dark
blue suit and a white shirt,
the latest in sight
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led members of the Presidium
of -the Supreme Soviet onto
the platform for a round of
speeches on domestic and in
ternational issues.
Most of the 1,378 members
of the Supreme Soviet were
busy studying ; Soviet news
paper pictures of the . back
side of the moon before the
session opened. They discuss
ed the pictures with enthusi
asm and many smiled in ob
vious: pleasure.
Marshal Semyon Budenny,
one of the Soviet heroes of
World War H, was one of the
first Russian leaders on the
platform. '
f The Supreme Soviet adopt
ed the following agenda for
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its four-day session;
1. Economic plans for 1960.
2. The budget. :
3. Law on budgetary rights
of the union of republics. .
"4. Law on recall of depu
ties. International Situation
- 5.. The international situa
tion and Soviet foreign policy.
6. Ratification of legislation
enacted by the Presidium
since the last meeting-of the
Supreme Soviet.
The Supreme Soviet con
firmed the previous election
of four new deputies to the
House of the Unions, includ
ing Alexei Adzhubi, son-in-law
of Khrushchev and editor
of Izvestia who toured Amer
name has been a symbol of ail that we stand
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ica with Khrushchev. .
Khrushchev was . expected
to address the 1,378 member
Supreme Soviet in the first
of its two annual meetings,
AZALEAS RHODODENDRONS
To provide space for growing rhododendron collection
. . . Will Sell:-
GABLE HYBRID AZALEAS and others........50c up
Commercial type RHODODENDRONS $1 to $5 ea.
Also, a few rare species and hybrids
2303 llillcrest Rd. o Phone SP 3-1520
Center we hope to serve
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but it was not known whether
he would speak . today. iJe
usually appears at the end of
each session but could move
up his speaking date.
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