MAIL TRIBUNE, MedforJ, Or.
Friday, Nov. 13, 1959
3
Hapco's Wednesday "One Day Sale
REPEAT SPECIAL - SATURDAY
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UNDERGOING TEST The U.S. Air. Force
X-18, the western world's largest vertical
take-off and landing project, is now under
going ground taxi tests at Edwards Air
Force base, Calif. Built by Hiller Aircraft
Corp., the leVi-ton tilt wing giant will com
plete th-se high speed runway tests prior
to actual flight testing scheduled to begin
before the end of the year.
(UPI Telephoto)
Business Failures Declared
Running Against Season Trend
Hair Wilnt
By ELMER C. WALZER
UPI Financial Editor
New York - (UPD - Business
failures are running against
the usual seasonal down-
Wmmm ' 'i trend. Dun &
IB r a d street,
which is rated
as a top au-
Jkjfrk subject, notes
V $ ii ' i
in we current
"Dun's Re
view & Mo
dern Industry."
, au u r e s
rose to 1,144 concerns in Sep
tember. That was more than
any month since June and 10
per cent higher than in Sep
tember, 1958.
The usual tendency is for
business failures to decline in
September.
Thus is one of the indica
tors which businessmen watch
for a clue to the future. . The
number 6n indicator, of
course, is the stock market.
Also on the list of things to
watch is the size of install
ment credit which has been
rising sharply.
All of these items can give
a false impression, and it is
often difficult to measure a
trend. The stock market was
thrown off course by the steel
strike and the prospect of its
renewal in 80 days.
But just now that market
has something more tangible
than it has had in a long time.
The steel recovery in pro
gressing much faster than
anyone had anticipated it
could. 1
Steel Settlement Foreseen
And, some in Wall Street
feel there just could be a set
tlement in the steel situation
before the 80-day cooling off
period ends.
' The rise in installment buy
ing has attracted both criti
cism and arguments in its fa
vor. Not a few think the na
tion can stand a high install
ment debt total on the basis of
high disposable income.
The same thing could be
true of business failures. The
experts who compile and an
alyze them haven't as yet ar:
rived at an opinion "on why
they are rising at this time,
or if an uptrend is develop
ing. ,
The failures in September
ran at an apparent rate of 58
per 10,000 enterprises. While
this rate was" the most severe
of 1959, it was well below the
toll of 70 per 10,000 in 1939
and less than 40 per cent of
the 155 set in September,
1932, Dun's said. '
Liabilities of failures rose
for the third month. They
totaled $154.7 million in Sep
tember. In all size groups ex
cept the $5,000 to $25,000
class, more casualties occur
red than in August. Those
companies with liabilities of
morei than $100,000 were the
most numerous since April.
Failure Total Down
So far this year, the failure
total is under last year. The
figure for the period January
through September is stated
at 10,719 failures with liabili
ties of $529,700,000. This
compared with 11,490 failures
with liabilities of $567,200,000
in the corresponding period
of last year.
The Dun's article noted that
more concerns succumbed in
all types of operation than
in September of last year.
Constnuction fatalities rose
17 per cent, largely in heavy
engineering and general build
ing, it noted. , , '
General increases were no
ted also in retailing divisions
with increases in food, general
merchandising, apparel, and
automotive trades outweigh
ing declines of small amounts
in other lines.
G e o g r a p hically failures
were reported on an increase
between August and Septem
ber in all regions except the
East, ' North Central, Moun
tain, and Pacific states.
Increases of 30 per cent or
more were recorded in Maine,
Massachusetts, Pennsylvania,
North and South Carolina, Il
linois, Wisconsin, Kansas, Ar
kansas, Alabama, Washington
and Oregon.
Ceaseless Battle
Waged To Protect
Photographic Film
Binghampton, N.Y. -UPD-
This peaceful city in south-
central New York is the scene
of a ceaseless battle to pro
tect photographic film and pa
per from being ruined by at
omic fallout during maufac-
ture.
The fighters are scientists
and technicians at Ansco who
produce acres of color slide
and movie film, black and
white films for amateurs' and
professionals, X-ray materials
for dentists and radiologists,
and papers on which prints
and enlargements are made.
Could Be Spoiled ' s
Any of these light-sensitive
products could be spoiled -peppered
with little black
dots or completely fogged -
if the jraw materials used to
make them were, contaminat
ed with the radioactive parti
cles still remaining upon the
earth from nuclear weapons
tests conducted many months
or years ago.
A visitor to Ansco's scatter
ed factory buildings here
learns that radiation experts,
I' ""'"'"V'-n ':
ON STAFF - Recently ac
cepting a position at Southern
Oregon college is Howard
Carl Hogg, instructor of eco
nomics. Receiving his master's
degree in agricultural econom
ics at Oregon State college in
1959, Hogg has been em
ployed by OSC as a research
er and . as an agricultural
economist for the USDA in
Portland. Hogg served with
the United States Army in
Korea for a year.
in cooperation with the Atom
ic Energy commission (AEC)
and with other photographic
companies, monitor the atmo
sphere constantly 'to check
the amount of radiation. And
everything ' used in making
each batch of film or paper is
tested for radioactivity.
If Russia or any other na
tion resumes testing of atomic
or hydrogen bombs, Ansco ex
perts will be among the first
to know it. Soviet testing
would show up in increased
fallout; so would that of the
United States, though the
AEC would notify Ansco and
other film makers in advance
of any new U.S. tests.
Fallout Continues
Although all nations ; sus
pended testing nuclear wea
pons more than a year ago,
fallout from previous tests
continues. Only the most im
maculate cleanliness prevents
contamination during the
film-making processes.
A visitor sees wet drive
ways and loading platforms,
and factory roofs dripping
with water. The water comes
from high-pressure hoses that
regularly and, frequently are
used to wash away dust, whe
ther radioactive or not. The
water comes from deep wells;
surface water or even rainwa
ter often contains fallout.
Upon entering the -factory
buildings, visitors and work
ers alike walk across broad
soaking-wet mats that wipe
the dust from shoe soles. Sim
ilar mats prevent tracking of
dust and chemicals from one
department to another.
Dust-Free Smocks
Everywhere inside the walls
and floors are spotless and
dust-free.
And in the most critical
areas employees wear special
dust-free smocks and hats
they don after 'walking
through a minaiture compressed-air
tornado that removes
dust and lint from their regu
lar clothing. Visitors ordinar
ily don't get into these critical
areas, and hence escape this
aerial brushoff.
No other brushoff awaits
even the casual visitor.
Ansco welcomes guests, ev
en if they are merely tourists
who have discovered the place
by accident. .
Replacement
Parts for Revised
Statutes Due Soon
Salem Distribution of the
1959 replacement parts for
the Oregon Revised Statutes
will start about Dec. 15 in
stead of Dec. 1 as originally
anticipated, according to Sam
R. Haley, Legislative Counsel.
Unforeseen delays in the
printing schedule have neces
sitated the rescheduling of the
original distribution date.
A total of 285 of 511 chap
ters of the revised statutes,
or about 3,400 statute sec
tions, have been affected by
laws enacted by the 1959 legis
lature. The up-to-date versions
of chapters affected by 1959
legislation, totaling some 3,
700 pages, comprise the bulk
of the 1959 replacement parts.
An 888-page index and 20
pages of comparative section
tables showing where each
section of the 1959 session
laws is compiled in ORS or
the reason why the' section
was not compiled, are also in
cluded. New Juvenile Code
Among the new laws con
tained in the 1959 chapters
are a ne'w juvenile code, a
new trial and appeal proce
dure for traffic offenses, mi
grant labor legislation, pro
visions for v af State Develop
ment Credit corporation, a
law permitting reorganiza
tion of state agencies by the
Governor with the approval
of the Legislative Assembly,
and new legislation concern
ing trailer houses and trailer
parks.
ORS owners who have not
yet ordered their new replace
ment parts are urged byHaley
to send in their orders
promptly, while there is still
adequate time to process them
before distribution begins in
December.
All advertisers invested
$3,192,800,000 in U.S. daily
newspapers in 1958 . more
than they did in radio, tele
vision, magazines and out
door combined.
j zzr j
NEW ON FACULTY - Among
the new faculty at Southern
Oregon college since Jan. 1 is
Naomi M. Grant, assistant pro
fessor of English. Instructing
courses in both English and
speech, Miss Grant has stud
ied at the University of Ore
gon and received her mas
ter's degree from the Univer
sity of Denver. A life member
of the National Education as
sociation, the Speech and
Hearing association, and the
Speech Association of Amer
ica, she worked as a speech
therapist for cerebral palsied
children in Columbus, Ohio.
GREEN OR DRY
RED FIR V
SLABS
Immediate Delivery
PHELPS FUEL
SP 3-5878
'
Swim
CBasses
Boys and Girls
8-10 Years Old
Swimming is FUN for the entire family. Many families learn to swim through the excel
lent instruction by Y.M.C.A. aquatic leaders. Starting November 21, 9:30 A.M. each
Saturday Boys and Girls 8 to 10 may receive swimming lessons. A limit of 20 to a class
is required so sign up early. This program is FREE to Y members and $5.00 for non
members. Two instructors will handle these classes. Phone the "Y" NOW to register your
child. ; ; . . - 1 .
Young Men's Christian Association
522 W. 6th Street SPIRIT - MIND - BODY Phone 2-6295
"happy hapco" wmm
. V.-; yr r 'S , ..V t . . ., "
Saturday
SAVE S22.9S
on Automatic G-E
"iva (CD is n iLEnnrE5
Automatic Dishwasher
Regular $199.95
One Day Sale
$177
A life FREE of dishwashing drudgery! SEE General Electric's
remarkably efficient . . . outstanding dishwasher value
today! Buy it during the one day sale at a bargain price!
&
(LDnQy at KIAIPC!
Pay Only ;
$5 DOWN
for dishwasher or TV
Console. Terms to suit
you. ' " .
Tremendous
Price Reductions
f - "V wonsoie. terms to suir 1 It
i I
Ml I . V I I
IMPORTANT: These low sale prices do
. I 1 iL. L UinA a. f
noT mciuae ine uig rifrj Traae-in
allowance. Your trade will make th
price even lower!
SAVE $45.9
1959 General Electric
21-INCH CONSOLE
REGULAR
$219.95
Plus Matching Base $14.95
1 W&$f I At" V.
'vr;' W
ONE-DAY SALE
$188
Pius Base Only 99c
Your Quality General Electric Dealer
115 E. MAIN-MEDFORD
115 E. MAIN -ASHLAND
MAKE YOUK HOME
HAPPIER WITH A
APPLIANCE
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