Medford mail tribune. (Medford, Or.) 1909-1989, May 26, 1960, Image 2

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    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