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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 12, 1960)
16 MAIL TRIBUNE, Medford, Or. A Friday, Feb. 12, 1960 Jack Paar Quits Television Show Over Censorship New York (UPD Television star Jack Paar made a dra matic, tearful farewell ap pearance on his late-hour TV show Thursday night and stalked out of the studio in a bitter censorship dispute with the National Broadcast ing Co. Paar walked out after tell ing viewers "I've made a de cision. Nobody knows about it except Hugh Downs (the program's announcer), not even my wife. But I'm leav ing the Tonight Show." In referring to the program Parr called it the "Tonight Show" although the name of the program had been changed to "The Jack Paar Show." 30 SleeDless Hours He said he made up his mind during 30 sleepless hours and recounted some of the events of that period. It began when NBC elimi nated the joke from his taped program Wednesday night be cause the network felt it was in poor taste. A five-minute newscast was . inserted in place of the joke. Paar said he asked NBC Thursday to let him show the controversial tape so that the implication that he was guilty if bad taste could be erased. He said the network refused and told him to pass the epi sode off with a joke. ' "This I cannot and will not io," Paar said. ; The television star's tear ful eight-minute talk included "a defense of his handling of the program, an attack against newspaper writers who have criticized him and -the controversies in which he has engaged. : Paar said he never sought controversy and went out of his way to avoid them. "They ;are tough on my wife and ".daughter," he said. : "I don't need it. There must be a better way of making a living than this." ; The audience applauded the departing Paar for a full 'minute and then Downs took iover. He said he had tried be fore the show to dissuade Paar from quitting and hoped Shat Paar would change his Vnind and return to the pro gram. Downs said later that "many things on the show were of a much worse na ture" than the censored joke. Paar said the joke was just a piay on woras aooui a schoolmaster who didn't know the initials "W.C." meant ."water closet." "I could read it in any church," Paar said. "Four hundred people in the stu dio audience heard it, saw it and laughed" without being offended, he said. Council of Blind To Meet Little Fellows Invest Heavily In Exchange's Monthly Plan By ELMER C. WALZER UPI Financial Editor New York - (UPD - The little fellows who make the big markets invested more heavi ly in the stock exc h.a n g e's mont h 1 y in vestment plan in 1959 than ever before. The plan has rounded out its sixth year, and in each year of Elmer Walter its existence small investors increased their purchases of stock and put more money into the market. In 1959, according to New York Stock Exchange figures released today, investors par ticipating in the monthly in vestment plan bought 883,415 shares of stock valued at $41, 900,000. Under the plan investors 1 17 may buy any of the common . 12V2 cents or Vs point. If the or preferred stocks listed on the exchange with periodic payments runing as low as $40 a month or a quarter. Nothing here is done on "tick." The investor puts up the money and stock to the amount it covers is purchased for him. Amounts of stock are calculated to four decimal places in a complicated odd lot system. The broker does the intricate figuring. The in vestor merely puts up the money. Working Example Here is an example of how it works: say one was paying $50 monthly. That would buy 2.6206 shares of a stock sell ing for $18 a share, or 0.2621 share of a stock selling at $180 a share. The foregoing assumes pur chase at odd-lot rates. If the stock is selling at less than $40 a share, the buyer of an odd-lot pays a differential of Cubbers' Pow Wow Set Sunday at SOC Campus The annual Cubber's Pow Wow of the Crater Lake Coun cil, Boy Scouts of America, will be held from 1 to 5 p.m., Sunday, Feb. 28, at Churchill hall, Southern Oregon college, John J. Patton, chairman of the council's leadership train ing committee, has announced. Described as a "fun-filled frolic", the pow wow prepares all adult leaders of Cub Scout packs to return to their own pack with knowledge and Sunday A regular business meeting of the Jackson Council of the Blind will be held Sunday, Feb. 14, in the Guild hall of St. Mark's church, Fifth st. and Oakdale ave. A Valentine party with exchange of val entines and light refreshments will follow. Ron Warner, council presi dent, said important business is on the agenda, and all mem bers and others interested are invited to attend. The purpose of the Jack son council, the Oregon coun cil and the national federa tion of the bland, is to ad vance the social and economic interests of the bland. . "They stress that blind per sons are normal individuals who want to and have a right to live normal and productive lives," according to Warner. ;The charge for a one-day stay in the hospital has gone up 73 per cent since 1950 in the U. S. Unemployment Up By 522,000 Washington (UPD -The gov ernment reported Thursday that unemployment rose by 522,000 in January but the number of employed, 64, 020, 000, was the highest ever re corded for the month. The increase in unemploy ment, which brought the job less total to 4,149,000, was attributed to expected season al factors such as the end of the Christmas rush. The seasonal factor ex plained a decline in employ ment of 1,900,000 for Janu ary, officials said. For in stance many temporary Christmas season employes stopped working but did not seek other jobs. They were therefore not counted as un employed. The Labor Department s top job expert, Seymour Wolf bein, said the January figures showed neither deterioration nor improvement in the over all job situation. Includes 33 jobs. Portland Tabloid Makes Appearance Portland-IUPB-The first edi tion of the Portland Reporter made its appearance Thurs day. The eight-page tabloid newspaper is a weekly spon sored by unions whose mem bers are on strike or are ob serving picket lines at the Oregonian and Oregon Jour nal. V The paper, distributed with out charge, concentrated on Portland-area news and car ried advertising. In a state ment on its front page it said the paper would not be used as a propaganda weapon or publicity medium. It added it was not the forerunner of a third daily newspaper and is planned to exist only until the day an honorable accord is reached jn the current newspaper strike. Death of Stepinac Unmentioned in Russia Moscow (UPD The Soviet press and radio made no men tion Thursday of the death of Aloysius Cardinal Stepinac, Roman Catholic primate of Yugoslavia. ATTENTION Business Men It Is Wise To Have Added Security Protection. But very unwise if you don't. First, check the reputation through Credit Bureau. Second, check yellow pages in your Phone Book for authentic listing. Third, then check WESTERN DETECTIVES "Medford Merchant Police Patrol" (The Oldest in Medford) Out every nite and all nite for past ten years Checking doors and windows Closing business places Making bank deposits Armed bank escorts Periodic employee checks Investigations No Salary in Advance For Information Call SP 2-7268 Reference Furnished on Request experience in games, handi craft, ceremonies, and admin istration, Patton explained. Every Cub Scout pack has been asked to provide an ex hibit of crafts or ceremonial devices, and every pack will operate a Cub Scout-type game in a "midway" with the visiting leaders as players. Ceremonies Section The administration section of the pow wow is recom mended for cubmasters, com mittee chairmen, and institu tional represenative. The cere monies section should be at tended by the awards com mitteeman and a den Mother from each pack. The game section is design ed for assistant cubmasters and den mothers, and the handicraft section will pro vide actual craft experience and ideas for den mothers. The pow wow will be at tended by representatives of nearly 60 Cub Scout packs in Jackson, Josephine, and Siski you counties, Patton said. Local Accountant Is Assocation Member Robert Arthur Brewer, Medford accountant, has passed the required examina tion and has been accepted into membership as a fellow of the National Association of Tax Accountants, it was an nounced today. The association is a nation wide group of qualified tax accountants organized in 1943. The British Royal Mint pro duced 593,201,554 coins last year. They weighed a total of 2,940 tons. price is $40 or more, the dif ferential is 25 cents or V point. Here is the record of the plan for 1959 as reported by the stock exchange: Investors started some 46,- 000 plans. That was almost one-quarter of 207,500 plans begun since 1954. It works out to a rate of 180 plans a day, against the previous record yearly high set in 1958 at 145 a day. Fourth of Total Investors .paid in around $42 million which is more than 25 per cent of the $154, 500,000 invested through MIP to date. These investors made about 420,000 individual payments which amounts to one-fourth of the total 1,666,566 pay ments made since 1954. Purchases in 1959 amount ed to around one-quarter of the total of 3,725,000 shares purchased to date under the plan. Those who invest in these plans receive dividends or fractions of dividends accord ing to their holdings. A total of 88 per cent of the plans provide for automatic rein vestment of the dividends. Favorites Listed General Motors tops the list of MIP favorites and is the basis of 4,524 plans. General Electric is second, in 3,916 plans; Dow Chemical, third, 3.653 plans; Standard Oil (N.J.), fourth, 3,043 plans; and Tricontinental Corp., fifth, 2,750 plans. American Telephone ranks sixth as the basis for 2,266 plans. Then come Sperry Rand, Phillips Petroleum, In ternational Business Machines, Chas Pfizer & Co., and RCA. The top 50 favorites include one each in the auto, airline and railroad fields; eight elec trical equipment and elec tronics companies; six chemi cals; six oils; three investing companies; nine utilities; three drugs; two mercantiles; four aluminums; two steels and four miscellaneous com panies. Highest Yield Sixty-four per cent of the plans are in this top 50. The highest yield is in 22nd place. Its return is 4.9 per cent. Only one has no yield Texas Instruments. The MIP investors showed a preference for issues selling between $50 and $59.99 with 20.7 per cent of the plans in that range. Issues selling at $200 and more accounted for only 4.8 per cent. Market. men tell the MIP investors that since they are engaged in investment and not in day-to-day trading in termediate ups and downs in the price of the stock should not disturb planning which operates on the basis of dol lar averaging. 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Mrs. Gertrude Wilmeth, instructor. j "" V - ' ''r?N : 1 MANN'S EXCLUSIVE HOWELL ELECTRIC BLANKETS . . . a perfect way to warm your. Valentine's heart 2 full year guarantee Completely automatic All nylon binding twin size single control full size single control full size dual control 14.98 16.98 19.98 ' i shows it's spring in a heather floral print jersey of DuPont Nylon Just step into it . . . zip up the front and add your favorite accessories. At home or on the go, you'l! find the Stroller answers your question "what shall I wear?" in the most delightful way. It gracefully enters a room . . . stylishly does a day in town . . . travels neatly . . lives effortlessly Washable, it drip dries, needs no ironing. 4 sizes 10-20, 121s to 22 12 2.95 1 MANN'S MEDFORD SPring 3-7484 I ' Please send me Shelton Stroller at $12.95, in size ' color . ; (state second color choice) I Name - - . . Address '. I I I I City. I I L. Zone State.. Charge Cash USE YOUR MANN'S CHARGE ACCOUNT
