Medford mail tribune. (Medford, Or.) 1909-1989, July 01, 1960, Image 5

Historic Oregon Newspapers

Medford mail tribune., July 01, 1960, Image 5

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Newspaper Page TextmiDAY, JULY 1, 100O In the Day's News Ry FRANK JENKINS Fitful Ciwlru, 111 n lowvrlii( rimo, tluuiitmi. to aulxu Anmr Iciiii liivvnlnu'iitH In Culm "penny by punny, until nolli hiK In Iff I" II thu United BtuluH cut Its purcliiwuH uf C'ulinu miiinr. Hit .limit, thai "fur uvory liouncl of auKiir ruinoved from tlio quoin our reitlme will tnku nvvr mi Aiiuirlciin miKiir mill." (There are only 30 AmurU-iin-owiied miKiir mills' In Culm. Mo cxiliiliiH tliu l Im cicpiiney liy .iTeiiiiilnii Hint Ilia tliicnt Inclutfoa ALL Amer ican Inti'ifdlK In Culm.) llu IiiiwIh: "We'll liiliu mill tn ku unit take until not oven thu nulls of tliu soles of the American mill owners' .hue. nre left." COMMENT? "Whom tlio nods would destroy, they first make mud." Look out, Senor C'lislro. You're HettiiiK pretty hot. WHY la Fidel ao mad? It'a ipillu simple, Out of wnriuliciiiteil Ilk lnU for the Ciihuna, whom at thu coat of u war wu freed from Spanish mlarulu and op pression, wu buy u lure aharc of our suitor from Culm (thua depriving our domestic grow ers, on the American main land mid In lluwnll, of that much added market for THEIR sugar) and pay the Cubans a subsidy bonus for It. Now wu'ru threatening to cut off tlio subsidy because Castro la tyluii up with the communists. No wonder he's mad! IN NOKTll Dakota the wheat formers are mud. They're mud because under the pres ent administration the wheat subsidy Isn't as bill as they think It ouiiht to be. So they flock to the polls and vote for a Democrut for U.S. Sen ator. As this Is written, It looks llko a toss-up, but the furiii precincts are lining heavily for the Democratic caiidldiitc. IT MIGHT be udded that over the country us a whole taxpayers arc getting hot un der the collar becnusc of the lilllh cost of the wheat sub sidy, which comes out of the taxpayers' pockets. Jusl in Time for the POLAROID Tha 800 kit Includos Polaroid Land Camera, wink light, film and beautiful lop grain cowhide caie, 25 Pojlcardorj and 2 albums as shown below. In addi tion you gar, absolutely froo, Ih photoelectric shutter valued at $39.95. SSj(K-i'l'WV,'.ViiAi-n. i iff" ' ' M.. Hudson's 613 East Main St. ft - AK1LLEH storm system struck thu Middle Weal with tornadoes, winds up to 11!) miles an hour and HAIL STONES TWICE AS 1110 AS I CI! CUUES. In addition lo killing plus and ehlckuns, the hailstones bruised 411 golfers might out on the links of a fashionable Hockford (Illinois) country club. It looks like EVEN MOTH EH NATUHE Is In a vlndlc tlvu mood, QUESTION: Is EVKHYHODY sour nnd mad these days? The answer la NOI I I Thuro la Helen Keller. HELEN KELLER was born deaf. Because she wna deaf, she wna dumb. If you can't hear how a word sounds, you can't leurn to spenk. At tlio line of 11) months, she was DL1NDED by an Illness. Did alio fly Into a rngc and Klvo up? Shu DID NOT. With the help of n devoted woman, she learned a touch alphabet by means of which her helping lillKrl was able lo make contact wllh her mind. Then alio went to u deaf school and . learned to apeak well enough to lio to college. She Kradunted cum luudc (with praise) from Had cllffe. She la master of sev eral liinqungcg, a student of religion nnd science, has trav eled and lectured widely over the world nnd Is the author of several books. Sho celebrated her HOUi birthday the other day, and looks forward to YEARS of happy hard work and helpfulness to others. Thu woman who made all this possible for her was Anne Sullivan, who devoted her life to Helen Keller. Anne Sullivan died in 11)36. and ai(iiin Helen Keller might have been left alone but for another devoted woman, Polly Thompson, who took Anne Sullivan's pliico In Miss Kel ler's life. IjWKRYBODY, you see. Isn't " mod. There arc GREAT SOULS In this world. APPROVE ISRAELI LOAN Jerusalem, Israel -fflPD- The West Germnn cabinet had ap proved a $500 million loan lo Israel, according to an Israel newspaper. LAND CAMERA KIT! .fc?N n ijf (OA Rogue Camera Shop Economists Believe Situation Licked for By ELMER C. WALZER UPI Financial Editor Now York - IUTI) - Econo mists n i u saying In effect that our inflation Is licked for the W present. r -m a Moan nit. fX? ' V,l E u r o p e is r wJJj booming In In- 'it'll dustry a n o Pi s u f f r I ng . a i.. p'n 1 I U III Nil hi tlnnary inliu- nees. E n g- nd the other ay lilted its Elmer Walser discount rale lo (J per cent from 5 per cent. A short time before, Ger many boosted Its bank rule from 4 per cent to 0 per cent. These countries nro seeking to restrain a boom that has been lifting consumer prices. In the United Stales, ac cording lo Martin R. Galns brugh, chief economist for the National Industrial Con ference Board, "The Inflation generated by World War II and recharged by the Korean War uppears lo have reached Its crest with the start of the sixties, If not some years before. Traditional Pattorn "Growth In volume nnd rising prices combined have brought the nation's money supply again into balance with the dollar value of out put." G.'ilnsbrugh holds that we are returning to a more tra ditional business-cycle pultcrn In which the forces for growth must come from In ternal rnther thnn external sources. "The Federal Reserve's re cent reduction In discount rales could well be the first of a series of steps designed to bring patent Investment more actively Into the mar ket in the second half of 10(10 and beyond," he soys. "Such efforts no longer court the same type of risk as In earlier post-war recov eries." Living Coil Rlia Marcus Nadler, economist for the Hanover Bank, be lieves commodity prices should remain relatively sta ble. However, he sees fur ther rise abend In the cost of living index largely because of the Increased costs of ser vices. A. W. Zelomck, president Fourth! Reg. 39 Polaroid Photoelectric Shutter GIVEN FREE With the Purchase of Model 800 166 95 Easy Time Payments v I Limited Time Only! SEE IT TODAY ... AT Phone SP 3-5345 nnd economist for Interna tional Statistical Bureau, says "We will have neither Infla tion nor deflation." Ho looks for a slightly cnsler money situation, firm prices, and a supply of money equal to take care of needs. First National City Bunk In Its currnt letter finds the rise In consumer prices in the United States hus been re tarded since 11)54, paring the annual rnto of dollar shrink age to on even 2 per cent for Ibo deende l4t)-l!50. It finds a somewhat similar rec ord in Canada. Curbtd In Olher Land The bank notes that among other Industrialized nations, the process of inflation has been decisively curbed in Ja pan, Italy, the Netherlands, nnd the United Kingdom, al though rates of currency de preciation for this group over the ten years still range from 2.7 to 4.1 per cent. The bank has tabulated rules of depreciation in 115 leading countries. Portugal, Switzerland, nnd Ecuador are on top of the list with the best showing. Five South American nations are on th bottom with an annual rule of currency depreciation ranging from 1S.5 to 38.3 per cent over the 10 years stud ied. Awaiting Second Wind Bolivian currency fell from 100 Index in 1949 to a mere one in 1959. Chile was down to 4 from 100; Paraguay to 5; Argentina to 9, and Brazil to 10. In the 10-yeor period the Try and Stop Me By BENNETT CERF SINCLAIR LEWIS was reclining in a deck chair aboard a transatlantic liner one day when he spotted a very dig nified, old lady a few chairs away engrossed in his latest book. Sho obviously was enjoying it, too, chuck ling and nodding approv ingly from time to time. Lewis was about to movo over and introduce himself when two for midable matrons bore down on the old lady. She saw them coming, too, murmured audibly, "Oh, dear," ran over to the railing and quickly drop ped the Lewis book overboard. John Fuller went Into a neighborhood drug store and asked for a, small tube of shaving cream.. The carton handed to him by the clerk was conspicuously labelled "LARGE." "Hey," he com plained, "I asked for the small size." "That's right," agreed tha clerk. "The product comes In three siics: LARGE, EXTRA LARGE, and COLOSSAL. What you have there is the small size: LARGE." C I960, by Bennett Ccrf. Distributed by King Futures Syndicate Wall Street New York-IUPD-A highly favorable technical indication was provided last week when, for the first time this year, odd. lot sales exceeded odd-lot purchases. The records tell us that the odd-lot public has been noto riously wrong in predicting the course of the market. Usu ally, the shift toward odd-lot selling has preceded a boom In prices. In 1958, for example, one of the most dramatic ad- Multnomah County Officials Due Raise Portlnnd-UIPD-Approval was given the board of Multno mah county commissioners here Thursday by the Tax Conservation and Supervision Commission for salary rnises for elected county officials. The Increases average about 11.5 per cent. The Stale Tax Commission must now approve the' raises, according to Ivan W, Elder, administrative assistant to the Conservation and Supervision Commission. The raise is the first for elected officials in Multno mah county since 1958. Umetilla Typhoid Cases Reach Eight Mllton-Frcewater, Ore.-mrn -Tlio unofficial number of ty phold fever cases in the past six weeks In Umatilla county has gone up to eight. Although only four cases have been confirmed by the slate health department, state and lncnl health authorities Immediately stepped up their effort to u the outbreak. Health officials said they are concentrating their search for an unknown carrier, which may be spreading the disease. More thnn 5,000 residents of Mllton-Freewntcr and Uma tilla county have already re ceived partial immunization. Mllton-Frcewater has a ponu latlnn of about 5,000 and the county has a population of 52,388, MEDFOHD MAIL TRIBUNE. MEDFOHD, ORE. Inflation Present U. S. dollar fell from 100 In 11140 to 82 In 1950. Portu gal got down to 95 In the same period, Switzerland to 90, Germany to 88 and Ecus dor to 80. Measured against the five Latin American nations men. tinned, the U. S. inflation was a breeze. And now It Is held the 2 per cent annual rise may be cut down despite in creased costs of services. However, inflation could come back, It is held. Stand nrd & Poor's iys inflation is not dead; It is merely waiting for Its second wind." Prices Fairly Lovol The price level has re mained fuirly level in the past year or so because some pro ducts have been declining while others have been ris ing, soys Standard. "One of the softer sectors," says this slatistical agency, "has been farm prices, but there ore now signs that an upturn muy develop in com ing months. Meanwhile, ser vices continue lo increase in cost. "Our price measures, how ever, are believed to be Im perfect. They are deemed by economists to make Insuffi cient allowance for the Im proving quality of goods for new techniques and equip ment in the fast-growing ser vice area. "While there is general agreement that Inflation has not been permanently check ed, there is considerable question that presently-con stituted price Indexes are the Ideal measures." 7-1 Chatter vances in stock market his tory followed just such a sit uation. L. O. Hooper of W. T. Hut ton & Co. thinks that Stand ard Oil (X.J.) may be one of the more interesting oils be cause of the large discoveries the company has made in Libya. These discoveries are not "small," he says, even in relation to Jersey's huge size. Walston & Co. notes that the doubling by Union Oil of California of its quarterly dividend lo 50 cents was good news for Phillips Petroleum whtc recently bought over 1 million shares of Union Oil. Goodbody & Co. r e c o m mends an "off-beat switch" out of Alcoa and into Ameri can Metal Climax. The investor would thereby obtain about four tiiius us much earnings, if allowance is marie thnt one share of Alcoa equals only slightly less than four shares of American Metal Climax plus a consider ably higher dividend outlay. There is an Important ele ment of dependable growth in Climax, Goodbody says. Phoenix Students To Attend Festival Play Ashland - Sixty students from Phoenix High school will attend the Oregon Shakespear ean Festival, according to the festival box office. The group, under the lead ership of Mrs. Audrey Lytle English teacher, will attend the Aug. 7 performance of "Julius Caesar." EXTEND GI BILL Washington -lllPIl- The Sen ate has passed and sent to the White House a bill to extend the GI mortgage loan pro gram for World War II vet erans another two years. Bonded Buy Used Equipment Call SAM JONES, SP 2-9220 Trade, Yel Turmi of Count CRATER LAKE MACHINERY CO. WESTERN THRIFT I OUARATUO 3 ROLL PACK No. XPOSE SUNTAN Cream P,c!TosI out norm-1 M San Ravi . . . rJ'IO " ' ,'" 7 Mi. Cram lot. Spray Your Cholct i-iniiM,nif.r,i..i Use Coeling Soothing KELLER MEDICATED Sunburn Relief Apply lotion by porting on , Affoctsd arts.' 6-tz. Boflli.... . Rigid Plastic Vfading Pool, $5.88 1 . v n! . Dnle m !ci.iiia i Kin? ruuiai B...4 ai" n am. noun-,-" - MVyRIT Plastic Air MaHress Proteio"l FIELDER'S With GLO'.t 0nuhw AQ . CowWa. DESERT FLOWER by Shulton Cream Deodorant SI. 00 size... 50c I w II AIR COOLERS V f Portable I II Evaporative, II Recirculating I ft, $7788 f IT'S COMPLETEI 40 PAGES IN COLORI FREE WITH Butiprize CASTILE SHAMPOO Quart ... 69c CREME RINSE Quart ... 69c Glamour BUBBLE BATH Quart 'XrrWc OPEN HOLIDAY HOURS 9 to 5 STAMPS i Sl NDAY&M&ONDAY 3 ROLLS ALL PUK US Walgreen FILM BLACK and WHITE 127,620 or 120 OOc or BADMINTON 2 Nylon-strung Racktts, 18 ft. Ml, 5nrflitock C ' ' " - AA. Compters stf of lulo 0 V Fun for the j QQl OrVhol. Family Ol 00 iPicnicJugl Vi 1 49 Gil Fiberglass Insulate ffeoa 0"w W $1.99 SWIM CAPS Pillow $2.69 r," www 1 1, -, n&.lni VI Ml $1.59 i.Shs.T1iiot3 1 .luoiey GLIDE foot Baim and Powrfir SAVEir; n in PASTE 3x5 foot Meets All Government Specification!, Materials, fast colors, etc. Reg. $3.95. Lanolin Enriched GLAMOUR MIST Invisible Hair Net Big Professional 15-oz. size, 85c MISS AMERICA BEAUTY BOOK Learn New Modern Setting Techniques 12 Now Hair Styles Hair Trimming Tips Mak Up Artistry Complexion Care $200 plus tax REGULAR GENTLE SUPER Add Federal Excite Tax osos 'rkckiptionY specialists a blLYEK v DOLLAR STAMPS WHITE PAPER PLATES Throw-aways V3Q 150 Plates .1 In Pack ,..... I 100 B0NDWARE COLD CUPS SET 107 Excellent for Bor-B-Q's.. I oi ASTIC DROP CLOTHS fU'-" 2 for 85c Guaranteed Alarm Clock . . $1.98 Pocket Watches 1.98 9x12 Plastic Drop Cloths, 2 for 85c JMin's t Women's ATTRACTIVE SUNGLASSES PMICII0H HAND CREAM CLIP-ONS Softens Protects 9-os. Jar, Children's SUNGLASSES Wide Range Quality and Prices OLAFSEN OLA-BEROR Nigh Potency B Complex Formula Bottle 5Q 2 69c Tubet 98c of 100 9 Capsulei. Big AMERICAN FLAG 50 Star Outdoor $288 : v. J Ci'V . . , h j, MM. L - .11 '.In !T TAN WITH SEASKI POSITIVELY PREVENTS SUNBURNI (OR YOUR HONEY BACK) 4-OZ. PLASTIC BOTTLE ....$1. en Taxable Merchandise DCTDIIG MEDF0RDS ORIGINAL PRICE CUTTERS Park & Shoo INSECT Repelltit SPRAY 98c Kttpt Moiqullost, Gnoti nd Flltt Away for Hours 6-ol AEROSOLS GARDEN HOSE 50-foot 12 inch 5s inch $2.t)9 $4.39 MEN'S TOYO CAPS FILM DEVELOPING and PRINTING 8-Print Roll Black & White 39c COLOR PRINTS 24c L JEA free Delivery In Mdford y TRAIN CAtES $2.98 up OVERNIGHT CASES II $4.95 up III Five-Piece f I ill Matched Luggage Sets $27.88 11 T TWO SUITER, $9.95 JV JULLil V N. CINTKAb M. BIAL