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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Nov. 16, 1959)
uryey mum lumber UoiidiliLos-iriry irotiGipsLes eest iaitiB sen IPredctieoLi Manhunt Starts For Killer of Family of Four Holcomb, Kan. - (UPD - One of the greatest manhunts in Kansas history was organized today to search for the shot gun killer of a wealthy farm er, his wife and two teen-age children at their showplace home here. ; The murderer' invaded the home of Herbert W. Clutter, 43, former Eisenhower ap - pointee to the Federal Farm Credit Board, late Saturday night on early Sunday, shoot ing Clutter, "his wife, Bonnie, 45, and their children, Nancy, 16. and Kenyon, 15, point blank. I Three empty wallets found in the house indicated rob bery as a motive but the pos sibility of a grudge killing was also being investigated. Track Down Slayer : More than 50 officers in cluding agents from the Kans as Bureau of Investigation were assigned to tracking down the slayer, who appar ently woke the Clutters from their sleep, trussed and gag ged them, and shot them one by one. One of the possibili ties under investigation was that the killer was known to the family and gained entry by ' posing as . a pheasant hunter. "Clutter was a prominent . man and it was a fine family - so fine that it's difficult to envisage a possible motive," according to Finley County Attorney Duane West, one of the townspeople who believes the theory of a grudge killing is as good as that of a robber prowler, or psychopath. There was no evidence of forcible entry. Townspeople said the Clutters customarily left their doors unlocked in this peaceful Kansas -farm community in the heart of one of the world's richest wheat areas. Holcomb owned a 1,000 acre ranch here and leased additional farmland. . .j NEW CARDINALS Two Americans, Msgr. Albert Gregory Meyer, archibishop of , Chicago, top,' and Msgr. Aloisius Muench of Fargo, N.D., apostolic nuncio to Germany, bottom, have been named to the College of Cardinals by Pope John XXIII. Eight cardinals were named by the Pope to bring the college to the highest strength in history. The college now has 70 cardinals. (UPI Telephoto) Bearing Strait Bridge Feasible . Wenatchee, Wash. (UPD -"Americans will' someday drive all the way to Paris." That was the observation of Washington Sen. Warren G. Magnuson (D-Wash.) as he ad dressed a gathering of High way 97 boosters here Satur day.--- ' - - v ' Magnuson said that a bridge across the Bering Strait is a very feasible thing and that engineers have informed him that a bridge at that point would be less difficult than the construction of the Golden Gate bridge due primarily to the almost non-existant tides ww n , mi i - -gr-w .-untmi U: VBm i- - - I mm v " fv - ,v i ir'"i , is & hp zlK5 i" 'MLIJ K:-yr.y " " Tlim nTl 11 md il "i Ir" M ii i ill J . j (i Im buying and saving with the same dollar!' "With my BMA Preferred 30-Pay Life Plan Tm buying a service that I can enjoy for 30 years and then get back all the money I paid for it . .-. and then some." "I get peace of mind from knowing my family has $10,000 of life insur ance protection for the next 30 years. What's more, I get the satisfaction of knowing Til have a comfortable cush ion of cash for retirement.' Tm 25 years old. I deposit $171.70 each year for the next 30 years. At the end of that time I'll have put in $5,151.00. The cash value of my pol icy will then be $5,821.20, which is - $670.20 more than my premium de posits." - How's that for a combined life in surance and savings program! Pro tection for today. Money for retire ment tomorrow. Hera's how much you save (based on $10,000 contract) Policy hMd Annual . CathValu Gain Over Total AtAgo ' - Dopowt l30Yoor, Annuol PoposiH 25 I $171.70 I $5,821.20 j $670.20 30 194.80 6,402.00 558.00 35 -j; 224.00 6,971.90 251.90 Educational funds, additional retirement income, accident and health benefits can be included with your BMA 30-Pay . -Life Plan. Ask your BMA representative. ' - Busiivess XIeiv's Assurance Homo Offieos Union Station Plaza Kama City 41, Missouri BMA Life Insurance Accident Health Hospitalization Major Medical Group Annuities Call your nearest BMA representative B.M.A. Representatives in Your Area: 'CLIFFORD W. CURL HOMER J. BRINGLE t0. Box 713, Modforrf Phono SP 2-S943 204 W. Main St., Medford Ph. SP 3-4961 Decline in Home Building Expected Despite Increase By A ROBERT SMITH Mail Tribune Washington Correspondent Washington - (Special)- The lumber industry anticipates a modest, gain during the com ing year in production and dollar volume, despite expec tations of a decline in home building in 1960, according to the National Lumber Manu facturers association. , . This expectation was re vealed in a nation wide sur vey of some 50Q lumber and wood product manufacturers who reported they anticipated production i next year to in crease 2.8 per cent compared with 1959's estimated total of 36 billion board feet The lumber manufacturers agreed tjiat "tight money" looms as the single economic factor likely to hurt the lum ber market Jiext year. They reported ; a fear of builders facing a shortage of mortgage money. ' " Same Outlook The National Association of Home Builders came up with the same outlook in a survey it conducted of home builders around the country. "Nearly 86 per cent of the replies predicted a drop in home building in 1960, with a median expectation of a de cline of 15 per cent," the Home Builders found. "Sales are sticky in about 73 per cent of the reporting area only 5.4 per cent reported in creases. The principal reasons for sales declines were mort gage rates and difficulty in qualifying buyers." Carl Minick, president of the Home : Builders associa tion, called an emergency pol icy committee meeting on the issue for Dec. 2-3 because of what he termed an "emer gency situation" in which "tight money condition throughout the country have almost eliminated an effective flow of mortgage funds." Tight, high-priced money throttles home building and the home building markets, consumer and manufacturer alike,"- declared Minick "And when home building de clines national' and local econ omies suffer." Monty is Tight Nat Rogg, economist for the Home Builders association, said money is tight because of the interaction of these fac tors: (1) a booming economy in which capital is in de mand; (2) failure of savings to keep up with the demand for. capital funds; (3). Treas ury department methods in re financing the national debt; (4) Federal Reserve, board re straints on credit intended to slow down what the board re gards as too rapid expansion. The Eisenhower administra tion, through the Treasury and the Federal Reserve board, has sought to curb in flation by adjusting interest rates upward in order to slow down borrowing. Rates for both government and corpo rate securities tended to level off and ease slightly last month, but there is no indi cation of a respite from the present high costs of mort gage money. At the administration s re quest, Congress this year per mitted the Veterans, adminis tration to raise the ceiling on interest rates of mortgage loans it will insure from 4 to 5V per cent. The Federal Housing administration, on its own, boosted the ceiling on FHA-insured mortgages from 5V4 to 5. per cent. In the survey taken by the Lumber Manufacturers asso- ciation, the consensus on the 1960 outlook was: Demand to Declino 1. Demand for lumber. and wood products in construction will decline by 1 per cent. ; 2. Farm demand for lumber will be about the same as in 1959. 3. Furniture demand for lumber and wood products gain 1 per cent. 4. Railroad use of lumber will also show a gain of 1 per cent. . 5. U.S. lumber exports will be about the same as in 1959: 6. Use of lumber and wood products for making contain ers will drop 2 per cent. 7. Demand for -wood wall paneling will rise 2 per cent. The survey also showed that nearly three-fourths of those participating said they expect their profits to be as good or better next year than in 1959. It also showed that producers of materials that are competi tive with wood were more op timistic than the lumbermen about their sales and profit outlook for 1960. Red Proposal to Settle Dispute Said 'Impracticable New Delhi-ffiPDPrime Min ister Jawaharlal Nehru told the opening winter session of Parliament today that recent Chinese Communist proposals for settling the Indo-Chinese border dispute were "imprac ticable." ' Nehru said he was willing to, meet Chinese . Communist Premier Chou en-Lai as sug gested by Chou in a. recent note but that some "prelimin ary steps were necessary first. Earlier, government- sources said Red China i would have to withdraw from " disputed border areas before any talks are held. Chou suggested setting up a 25-mile-wide buffer zone through the disputed areas. Indian officials said this would not get the Chinese out of territory claimed by India and it was believed India would reject this proposal. Foreign Policy Debate Parliament, at the first day of its six-week winter session, agreed to hold a foreign pol icy debate on Red China next Wednesday. Observers pre dicted the debate would be one of the stormiest in recent parliamentary history. The government today pre-' sented a white paper on rec ent f notes, memoranda and letters exchanged between Peiping and New Delhi on the border dispute and this is expected to be debated next week. Nehru . .said .. he . also would make public the formal Indian replay to Chou's rec ent suggestions. . Nehru confirmed today that the 2,500 - mile Sino-Indian border had been placed under control of the armed forces but that India had no forces in Bhutan. Indian troops are patrolling the border of Sik-kim-Tibet, he said.-Both states are Indian protectorates be tween India and Tibet. Nehru's policies have "been under attack in the Indian press and many Indians have displayed dissatisfaction with his failure to take a tougher line toward Red China which had laid claim to 40,000 miles of border territory considered Indian. A, border clash in which seven Indians were killed and 10 captured inflamed the In dian populace. The seven dead were cremated this week end and the prisoners released by the Chinese were en route here. More than 100 million acres of land in the United States, one-fifth of the land available for crops, have been made arable for drainage. MANEATER SHARK Fisherman Philip M. Vella, skipper of the 38-footer boat Chief, exhibits a 450-pound, 9-foot long maneater shark he netted at Stinsoa beach near San Fran cisco Friday. Vella said a 4,000-pounder about 25 feet long was caught Thursday, but was chopped in two and tossed overboard because he and crew could not get it aboard. (UPI Telephoto) Stocks Rule Narrow In Moderate Trade New York (UPB-Stocks ruled narrow and mixed in mod erate trading today. Steels continued to sag de spite the rapid resumption of steel production under court decree. Youngstown, Bethle- Circuit Judge Gels Damages in Suit Eugene (UPD - Circuit Judge Frank B. Reid Saturday was awarded $5,000 general dam ages by a jury here as a re sult of his libel -suit against h e Eugene Register-Guard newspaper. Reid had sought actual and punitive damages totaling $200,000, claiming he suffered damage to his reputation and professional standing through news article and editorial published by the newspaper in June of 1956. The all-women jury began deliberations Friday night at 7:30 and returned the verdict at 12:30 pjn. Saturday. hem, Republic and U.S. Steel were down around a half or more. Jones & Laughlin dropped IVt. The electronics, pace-setters in recent sessions, had some good gainers. Motorola jump ed more than 4, Zenith 1SA 'and Texas Instruments a ma jor fraction. Brunswick-B a 1 k e opened late on a 25,000-share block at 46 up 2. Universal Match also came in strong with a gain of more than 4. : Alleghany, which appears headed for a proxy battle, was up ,a fraction. New York Cen tral, also eased. In the motors, American lost more than a point, while Chrysler firmed. General Mo tors held at its previous close. BUSINESS FAILURES CLUB Yonezawa, Japan (UPD A group of 108 men Saturday announced the formation of a club which requires that each member be a business failure and unpopular with women; CLOGSTON'S Metal Weather Stripping and Screens Estimates Gladly Phone SP 3-1014 Evenings Two-Year-OId Dies After Short Illness Salem (UPD - Two-year-old Steven W. Banick, Brooks, died in a Salem hospital Sun day after a two day illness. A grandfather, John Ban ick, said death was apparent ly from spinal meningitis. An autopsy is planned. - The lad was the son of Mr. and Mrs. Bobby R. Banick, Brooks. His mother was out of town and was unaware of her son's sudden illness. Fire Damages Old Salem Residence Salem (UPD - Fire partially destroyed the historic Miller home at - the community of MacLeay near here Sunday. The home had been in the family of Mrs. Dan Miller for more than 100 years. CAUTIOUS-Mrs. Anna Col- lica, who will be 101 soon, arrived in this country from Italy in 1911, but waited un til 1959 to apply for citizen ship in Los Angeles. "1 think I like this country," she said after giving it a 48-year trial GIVES POLICE ALIBI - . Bergamo, .Italy (UPD - Fran cesco Pezzotta, picked up Fri day for questioning in a jewel robbery, was held for auto theft. Pezzotta told police he could not possibly have been involved in the jewel theft because he stole five cars 100 miles away that day. ' . The United States Marine band was organized in 1798 and has played for every President except George Washington. - ' " The latest West German im port is a ballpoint pen that glows in the dark. NOTICE! ROSE GROCERY Now Open Sundays From. 1 1. a.m. to 6 p.m. BOTH one wears CONTACTS! Actually, both picturts ar of Dr. Notes' 13-year old daughter who has worn contact lenses 16 hours a' day for the past two years. And ... she wears dark green tinted contact lenses for swimming and skiing. A dramatic illustration of Hie cosmetic and psycho logical benefits to bo derived from wearing contact lenses. why not wnd the WHOLE girl back to school? Convenient Credit Wt give f.jf Green Stamps tttS5t&c COLUMBIAN OPTICAL CO. MEDFORD SHOPPING CENTER Phone SP 2-9990 casual shopping with convenient parking Dn. Omt J. NM wnd WMiwa T. Hdm From the people who make the most service-free automatics... as,'e' nt on... 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AUTOMATIC BLEACH DISPENSER... ends bleaching problems, assures brighter washing with complete bleaching safety. , Come in for a demonstration of the New Maytag Combination Today I SjrteMtlc WatSf-tevej Meter water level is auto statically regulated - to size of load during both wash and' rinse. lis Vest leeehsd Install anywhere i your home. MAKE YOUR HOME HAPPIER WITH A NSW APPLIANCE Appliance Company "Medford'$ Horn. Laundry Specialists" 406 East Main St. Phone SP 2-5302 r v