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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 26, 1960)
Anti-U.S. Rioting Spreads in Market Falters In Final H New York-IIOT-Stoiks, ir regularly higher all day, falt ered under a barrage of profit taking around the close to day. The market was ultrasclec live until the final hour when even some of the recently fav ored electronics showed the strain of heavy selling. Other chief targets were the steel, auto and oil groups. Universal Match, strong the last three sessions, dropped a small fraction, as did Pola roid wilh a loss of more than . ESTEY Since 1869 " - ft French Provincial in the New Light Walnut $ 892 Other Madeli $ WE NEED USED PIANOS Trade in your old model, hard Action spinet on a brand new Eirey with beautiful tone and light fait action. Get the finish of your choice. We'll give an especially big allow . ance right now , . . Big allowance on your upright, tool EASY TERMS ON BALANCE tRSKINE'S PIANO STORE 1304 Kings Highway gar tpooDo 'doo kbipgoOd 900D klOD ?D0D N Children's SCATS with rubber toe guard end uhtOD arch Insole. In Navy or Red, alaee from Infant' 4 to child's 3. Women's and Girls' ptisnp miiU elaetiated throat for snug fit and ribbed rubber eole In Black. Chi no. While. rXed, or Peaoork Slur Sites fmm (iris' Uh a wnman i in our International Bussineu Ma chines up nearly 12 at its best, lost more than half of the rise In the late selloff. Texas Instruments lost more than 3 and Zenith around 2. Selling dropped many of the recently popular glamor slocks from the day i best levels. DOW-JONES AVERAGES New York-'lPlt-Dow-Jonei final itock averager.: 30 in dustrials 622.79, up 1.51: 20 railroads 141.55, off 0.90; IS utilities 88.66, off 0.07. and 65 slocks 205.04, un changed. Sales today were about 3,720,000 shares com pared with 3,440,000 shares Wednesday. Today' prices on selected itock: Allied Chemical SO'j Alum Co. Am DO American Can at1' American Motors 24' AT&T 8BB Anaconda Copper 48Tt Armco Steel til Jt Uendix Aviation !i'4 Bethlehem Steel 44 'j Bovine: Air 27. Caterpillar Corp 27' Chrysler Cora Continental Can 42:,i Crown Zellerbacll 4:iM Curtis Wrtdhl 20 Dow Chemical !M Pont . 2I)7'4 F.iistman Kodak llft Firestone .1.V,a Clencral Electric ......... fit) General Foods IIR'i. General Mutun , 44 ' Georgia Pariflc (Xd( 33'4 Ornhnm Pnijre 2'B Greyhound ixdi 2:1 Gulf Oil 2B"i Home take Minlnf xd 3R-1; Idaho Power SI ' I- B. M 41 Int. Paper fll Johtu ManvUle (xd) ...... Slt'j, KnUer Ind 10 Katy 4'i Kennecott Copper 77 Lockheed Aircraft 22'i Montana Power 2(lTi Montfiiimery Ward Nat l Biscuit 01 New York Central 2fi-1i Pac Gaa A Elec H2 Penney, J. C 124 Penn BR 13 Radio Corporation 7.Vi nich field Oil 71 Safeway )xdl 37 'i Sears 31 i Shell Oil Socony Mnbll Oil 33 i Southern Co 42 'i Southern Pacific - VJ Standard California 40 1,, Standard Indiana 37'j Siandnrd N.J ..... 40, Sun Minei !S3i Tex at Co fH'i Texas Gulf Sulfur HPS, Texas Pae I .and Trust I4?i Transamerlca 27 Trans World Air 13 Tri-Conlinental 33 Union Carbide 133 Union Pacific 2ti;ii United Aircraft 3(1 U. A: T. 32' i u, a. Kiinner aii'i V S. Steel 7!, Younjffitown S At T 102 About 75 gallons of water .'tic used to make one pound J I of rayon. m-mm to si to 0 . h 2" 565 E. Jackson Msdford Shopping Center NEXT DOOR TO LaPOINTE'S MEDFORDttjIfTRIBUNE Rogue Valley Edition Porter Favors Control Explosive Trucks Washington - tl'PD - Rep Charles O. Porter (D-Orc.) told the House Judiciary com mittee Wednesday he favored legislation which would place private and contract carriers of explosives under regula tions now governing common carriers. The Senate has approved such legislation. Porter discussed last Aug ust's truck explosion in Rose- burg, Ore., which killed 13 persons and caused 10 million dollars property damage. PGE's Bond Sale Approved by Hill Salem -IUPII- Public Utility Commissioner Jonel C. Hill to day approved the sale by Port hind General Electric com pany of 15 million dollars in 5U per cent series first mort gage bonds due in 1990. PGE plans to dispose of the bonds to IS institutional buy ers in similar but separate purchase agreements. The utility plans to use the proceeds to dispose of S12 million in outstanding notes payable next June 1, and to reimburse its treasury by about $3 million to cover funds used for acquisition of property and in improving fa cilities. Man Pleads Not Guilty of Homicide Pendleton-IUPD-Claude Ellis Milligan, 38, Boise, pleaded innocent Wednesday to a neg ligent homicide charge in con nection with the traffic death April 11 of Margaret Nelson in a collision east of here. Trial date was set for July 11. Milligan is free on $2,500 bail. CONVENTION SLATED Salem-OIPD-The Oregon As sociation of the Deaf will hold its anual convention here June 3-5. Attorney General Robert Y. Thornton will be the main banquet speaker. id Quia eirowiar vein wukaUl run fabric. BuUvta ouahton arch tnaole, piingy molded white rubber eolee. Canvas uppers In Black, Chioo Whits, Red or Navj. . Sims 4 le 10, Men's end Boye'Slripper deck on ford with full cushion insole and thick, fcounoy rubber eolee. In Navy. Blue or Brown. Si see from boys' 3 lo men's Page 2 Law to Porter said the Interstate Commerce commission after an investigation found the ex plosion occurred as the result of the explosives-laden truck being left locked but unat tended while parked upon a public street. Porter said the ICC has rec ommended private and con tract carriers be subject to regulations now governing common carriers. Under the proposed legisla tion private and contract car riers carrying explosives and other dangerous articles could be fined up to $1,000 or im prisoned for one year or both for violating ICC regulations. Wall Street Chatter New York-HM-The rally in defense-related issues as a re sult of the summit debacle is coinciding with improved technical patterns for quite a number of other well-deflated stocks, according to Prentice-Hall, Inc. The publishing firm says that if you want to go along with this trend, it's wise to confine new purchases at this time to (1) primarily defense issues, like aircraft and mili tary electronics; (2) other strong growth areas like office machines, electrical equip ment, drugs and glass; and (3) defensive situations like elec tronic utilities, natural gas, soft drinks, food, finance and retail chains. The Alexander Hamilton Institute is convinced that while an indefinite period of adjustment lies ahead for the oil companies, with the prob ability of mergers for some of the weaker or strictly do mestic producers, purchases of stocks in the major com panics at current prices should prove safe and attrac tive holdings for the patent investor. The first Jewish congrega tion in Arkansas built a syna gogue in Little Rock in 1870. Y 1 Japan Kishi 'Prisoner' In Parliament For Over 12 Hours Two Million Persons Join Demonstrations By TONY KASE United Prut International Tokyo - 0.TD - Nation-wide demonstrations against the US. - Japan security treaty spread alarm in the Japanese capital today. Police estimated that about two million persons joined in the demonstrations, which in Tokyo took on an anti-American character. Thousands of angry demonstrators besieged Premier Nobusuke Kishi in the Parliament Cuilding, and marched past the American Embassy shouting "Yankee, go home," "Stay home, Ike," and "American imperialists, stay out of Asia." More than 1,000 police were placed around the embassy to keep the demonstrators from breaking in. The demonstrators in To kyo,' estimated to number a mou t 200.000. kept Kishi "Imprisoned" in the Parlia ment Building for more'than 12 hours while they shouted demands for his resignation. Policemen Hurt Kishl's sedan finally raced out a back entrance to the building while thousands of leftist students of the fanatic Zengakuren Students Feder ation showered stones on po licemen guarding the struc ture. At least 30 policemen were injured, five seriously. There were no indications that any students were injured. But in Himeji, outside of Kobe, 13 students were in jured when about 500 of them clashed with police while staging antitreaty demonstra tions. It was the seventh straight day of antitreaty demonstra tions in the capital. Members of the student federation warned the demonstrations woud continue "every day until Kishi resigns." The left wing opponents of the U.S. - Japanese security treaty - equipped with Com munist party sound trucks -shouted demands for "Kishi resign" and for Eisenhower to cancel his June visit. After passing the American Embassy the huge throngs be gan streaming toward Tokyo's main railway station many blocks away where they plan ned to disperse and board commuter trains that would take them back home! By then more than 100,000 had thronged. Students Stona Police Kishi remained in his office and looked nervously out the window from time to time as a roar swelled up from the crowd for him to resign be cause he had aligned Japan with the United States in the cold war. The streaming, fanatical students outside yelled for Eisenhower to stay home and for Kishi to scrap the defense alliance. He had no intention of doing so. The students milling out side the Parliament Building began stoning police when they found 'hey could not break through the cordon. Police said 10 police were Injured, two seriously, in the first volley of stones from the fanatical Zengakuren Stu dents Federation. I stood behind the police cordon at the main gate while stones rained onto police ranks. Facts Spurt Blood I saw two policemen just in front of me who were hit by huge stones. Their faces spurted blood. Tens of thousands of Com munists and leftist demonstra tors, many carrying red Hags or banners demanding "stay home Eisenhower," streamed into the area forming a danc ing, shoving, s couting mass. Japanese policemen, used to wild demonstrations, blanch ed. One collapsed next to me sobbing and shaking. "I'm going home," he cried, and some of his fellow police men carried him away. 10,000 Police on Duty At least 10,000 policemen manned strategic spots, block ing off the entrance to the Diet compound and the adja cent official residence of the premier. But in contrast lo the crowd of demonstrators the police force seemed puny. BULLFIGHTER DIES Sevilla, Spain - IVPD - Rafael Gomez, "El Gallo," one of Spain's leading bullfighters In the 1920s, died Wednesday. He was 77. "El Gallo" was the brother of Jose Gomez. "Josclito," regarded by some Aficionados as the greatest torero bullfighter of all time. "Joselito" died of a gore ound in 194. Ike's Japan Trip May Be Postponed Because of Riots Japan Must Assure Safety of President Washington-HTI-U. S. offi cials said today President Eisenhower's trip to Japan next month might be post poned unless the Japanese government gives assurances soon that his reception will not be endangered by political turmoil. According to informed quar ters, a decision must be made in Washington within a few days on whether to go ahead with plans for the trip to Japan and Korea. If the trip goes off as sched uled, it will be expanded to to include the Philippines and Formosa, and possibly other Far East countries. Some official quarters said the state department had sug gested a postponement until July. In Tokyo Wednesday night, Chief Cabinet Secre tary Etsusaburo Shiina said Japan was not considering recommending a postpone ment. Arrangements for the Presi dent's long swing across the Pacific are going forward, of ficials said, despite continued anti-American demonstrations by left-wing elements in Japan. Students, socialists and some labor union members have been demonstrating for six days against pro - American Premier Nobusake Kishi and the new U. S. - Japanese se curity treaty. 1,825 Degrees to Be Awarded at OSC Corvallis It'PD A total of 1,825 degrees, including a record 332 master's degrees, will be conferred June H by Oregon State college at its 91st annual commencement exercises. The total is 175 more than a year ago and is the s?cond largest graduating class In OSC history. Only larger group was the veteran packed class of 1950 when 1,968 de grees were conferred. ...for easier traveling with youngsters, cotton go-togethers that need no ironing VtflSIM fii J "Satisfaction guaranteed or your money Rockefeller Stir Among Washington - (CPU - New York Gov. Nelson A. Rocke feller's announced availability for a draft for the Republican presidential nomination caused hardly a ripple today among COP leaders. Although he bowed out five months ago before he ever be came an announced candidate, Republican leaders generally assumed that Rockefeller wanted the nomination and would take it-if offered. Hence they were not sur prised by his statement at Al bany Wednesday that he was available for a draft. But Rockefeller himself conceded this was only a remote possi bility. Sprague Elected Chairman of Advisory Group Salem -HTD- Former Gov. Charles A. Sprague Wednes day was elected chairman of Gov. Mark Hatfield's 17-mem-ber advisory committee on re organization of state govern ment. Former Gov. Robert D. Holmes, Portland, was named vice chairman. Hatfield said he felt the three main objectives of the reorganization plan to be sub mitted to the 1961 Legislature are strengthening of related programs, possible reduction of the number of state boards and commissions and reduc tion in the number of inde pendent elected officials -1 maKing inem appointive. Among the tentative pro posals are making the posi tions of attorney general, labor commissioner and sup erintendent of public instruc tion appointive instead of elec tive. Another proposal would have functions of the board of control taken over by new integrated agencies. Freeman Holmcr. state fi nance director, said the gen eral outline was to try to re duce the 171 agencies of state government to 91. Twelve committee members attended the first meeting. Those unable to attend in cluded prominent Central Point rancher John Day, re covering from an ordeal on Alaska's Mt. McKinley. Especially designed to meet the demands of little out door girls and very, very nice for traveling. These wash and wear playclothes from California need absolutely no pampering. Choos. multi-colored cotton topi in stripes and plaids to mix and match with solid color mint or pink cotton Bedford cord pants 3-6x. Ufa b MnI - Announcement Causes No Dick Nixon's Vice President Richard M Nixon already has the prom ised support of more delegates than he needs to win the pres idential nomination at the GOP national convention opening at Chicago July 25. Northern Utility Cancels Application Salem -OTD- Northern Util ity company has withdrawn its application for a certifi cate of convenience and neces sity to provide natural gas in the Chenoweth area adjacent to The Dalles, public uitility Commissioner Jonel C. Hill announced today. Northern Utility, a subsid iary of Harvey Aluminum, asked that the withdrawal be effective upon the completion of negotiations for the sale of Northern to Northwest Nat ural Gas company - expected June 1. OUTSIDE HELP SOUGHT Dorset, Vt.-UIPE-Rep. Claude Dern has written French President Charles de Gaulle asking him to come to Ver mont to campaign for Dern in his quest for the Republican Congressional nomination. DANCE TO THE II Tunesmiths At the Elks Temple Thurs., Fri., May 26-27 For Registered Convention Elks and Their ladies Don't Miss Doyle Smith's ''MUSIC MAKERS" Sat. Night as Usual at Gold Hill Grange back" SEARS Supporters These delegates could change their minds. However, they could be expected to do so only if provided with con vincing evidence that Nixon could not defeat the Demo cratic nominee next Novem ber and that Rockefeller could. Diirno Plant Trips To Portland, Festival State Sen. Edwin R. Durno plans to leave early tomorrow morning for Portland where he will attend a meeting of the Interim Tax committee. Saturday and Sunday, he will participate in the Azalea Festival in Brookings, where he will crown the queen of the festival and take part in the parade. Mrs. Durno will accompany him to Brookings. BUSINESS OPPORTUNITY Small preserving business. Tourist and mail - ordtr. Eitab. 5 yrs. No bldg. Reasonable. T. F. Yema, , Crater Lake Hwy. at Me Leod, Ore. TR 8-2256. MUSIC OF THE II buy cool 29 each Item S1 E. J.ck.on 9 3-tt1 FREE PARKING . Open Monday and Friday O 'Til .m. I 0
