Medford mail tribune. (Medford, Or.) 1909-1989, July 15, 1960, Image 2

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TANKER AGROUND The 575-foot Panamanian tanker
Alkaid lists at the seawall of the United Nations building
in the East river at New York after running' aground. A
hole was torn in the port side below the water line and
the vessel lost cargo of more than 22,500 tons of crude oil.
The ship was reported in no immediate danger of sinking.
None of the 36 persons aobard the tanker was injured.
(UPI Telephoto)
Rails Advance in Dull Trading Session
New York (UPD Stocks
milled about in some of the
dullest trading of the year to
day.
Rails showed a good gain
on- average on advances of
around 2 in Great Northern, a
half each In Chesapeake &
Ohio and Louisville & Nash
ville. Electronics, among the bet
ter gainers all session, fell out
of favor toward the finish.
Motorola and IBM were off
around 1 or' more. Varian
picked up around 2.
DOW. JONES AVERAGES
Naw York-dPt-Dow-Jonas
final stock averages: 30 in
dustrials 630.24, off 1.08; 20
railroads 138.89. up 0.45; 15
utilities 93.99. off 0.11. and
65 stocks 208.16. off 0.13.
Sales today were about 2,
140,000 shares compared
with 2,480,000 shares Thursday.
Today's prices on selected stocks:
Allied Chemical 533,
Alum Co. Am. SO1,;
American Can - 39tt
American Motors .
AT&T
Anaconda Copper
Armco Steel
Bendix Corp
Bethlehem Steel
Boeing Air
Caterpillar Corp. (xd) .
Chrysler Corp
Continental Can
Crown Zellerbach
Curtiss Wrisht
Dow Chemical
Du Pont
Eastman Kodak
Firestone
General Electric
General Foods
General Motors
Graham Paige
Greyhound
Cult Oil
Homestake Mining ....
Idaho Power
!. B. M
.Int. Paper
Johns Manville .. .
Katy
Kennecott Copper
Lockheed Aircraft
Montana Power
Montgomery Ward
Nat'l Biscuit
New York Central
Pac Gas ae Elec
Penney, J. C -
. 31 ,
89'.
.. 311.
... 66 "a
.-. 65 , i
45 'i
.... 28',
.. 26
.. 44 i
.... 3s v,
. 43 ( i
181.
85
...201 ;
...11914
... 30T.
87
...1301J
43'i
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. 27 V,
. 37 V,
-.. 52'i
....509
9T.4
.. 59'.4
.... 41,
... 75
...215,
30 ',
. 42
. 62 i
21(4
65 ,
-.. 41 i
Penn RR 1
Radio Corporation 64
Richfield Oil 73
Safeway 361,
Sears 55 .
Shell Oil M
Socony Mobile Oil 37'..
Gold Hill Man
Visits Desert Area
Gold Hill - Earl Moore re
turned to his home in Gold
Hill recently after four days
spent in the desert area of
eastern Oregon searctilng for
Indian articles to add to his
collection.
He found 246 arrow points
while on this trip as well as
a large mortar, which weighs
between 80 and 90 pounds,
two large pestles, and a boat
anchor for an Indian canoe.
MEDFORD
Tribune
Rogue Valley Edition
Page 2A
Southern Co 49i
Southern Pacific 9l
btandard California ............... 41
Standard Indiana n. 37
Standard N. J ...... 40i
Sun .Mines 5i
Texas Co 73 U
Texas Gulf Sulfur ; 16
Texas Pac Land Trust 145i
Transamerica 23 t
Trans World Air 12 n
Tri-Continental 36 i
Cuba Claims U. S.
Violated Waters
Havana (UPD - The Castro
controlled newspaper Rcvolu-
cion chained today that three
U.S. warships, ."presumably"
from the Guimtunamo Naval
Base, violated Cuban territo
rial waters Thursday by fir
ing guns within two miles of
the Cuban shore,
Union Carbide .
Union Pacific
United Aircraft
United Air Lines ...
U. S. Rubber
U. S. Steel
Youngstown S tc T .
...126
27 1,
.... 39'i
.... 30 'i
.... 321,
.... 81
..102
50th Day Without
Rain Noted Here
This is the 50th straight day
for Medford and vicinity with
out measurable precipitation.
There has been none since
May 26, and none is immedi
ately in prospect. June, how
ever, had a trace of rain.
The five-day forecast for
western Oregon and western
Washington predicts a few
showers about Sunday and
Wednesday but no rain from
this storm front is expected
in this area.
Free Wedding Announcements
150 Wedding Announcements with your purchase of a First Love Diamond Ring Set
REGISTERED AND INSURED against burglary, theft, hold up, accidental damage or loss of diamond from
mounting in any event your diamond will be replaced without charge.
tftttiMino DIAMOND BEAUTY
SBaUitt DIAMOND VAIUE!
$125
10- Both rfnot
Eoiy Terms
Each Iovy diamond hat
bain carefully selected for
cut, color and brilliance . .
meticulously hand set in
beautifully crafted mountings
. that show your diamonds In
their full fiery splendor.
And FIRST LOVE Diamond
Rings are Registered and
Insured to afford pro
tection against loss.
Bolh rings riXVifT3k. . - -H
Eoiy Term. Kll
? ' EotyTarsM
Come In today
to see these
exquisite
diamond rings.
NO MONEY DOWN!
A YEAR TO PAY!
! 129 North Central next to Town House Cafe
ii!
SILVER
DOLLAR
STAMPS
Since
1945
ROSE SAYS,
"When you buy at our store, you
can buy with confidence. Every
sale is subject to a money back
guarantee."
GARY SAYS,
"BE SUREI
See First love
diamond rings
before you buy.
You'll be glad
you did."
GARY PICARD
ROY SAYS,
"We are proud to be the author
(zed dealer for First love dia
mond rings. In all my years as
a jeweler and diamond tetter,
I have never seen such values."
ROSE PICARD
ROY PICARD
Kishi Cabinet
Quits; Election
Slated Monday
Tokyo (UPD - Prime Minister
Nobusuke Kishi and his gov
eminent resigned en masse
tonight.
The cabinet resigned after
the ruling Liberal-Democratic
party and the opposition So
cialist parties had agreed ear
lier tonight to elect a new
prime minister at a special
Diet (parliament) session be
ginning next Monday.
Pro-American Hayato Ike-
da, whcAwas elected Thursday
as new president of the ruling
party, is certain to be elected
new prime minister Monday.
This is assured because his
party has an absolute minori
ty in the Diet.
Diet Boycotted
Earlier today, the opposi
tion Socialist party boycotted
the Diet and refused to take
part in the election of a new
prime minister. It appeared
that Kishi, hospitalized with
six stab wounds inflicted by
a right wing fanatic Thurs
day, would remain In office.
But when Kishi's cabinet
announced plans for calling
the extraordinary session and
then resigning, the Socialists
agreed to end their boycott.
Kishi was in fine spirits to
day and joked with callers at
the hospital. He is expected to
be hospitalized about 10 days.
Annexation of
Business Site Is
Recommended
Medford's city planning
commission last night recom
mended that a potential busi
ness site be annexed to the
city. The commission had been
informed that a firm employ
ing 35 persons may locate on
the site.
The site. encompasses some
five acres of land located to
the northwest of Crater Lake
highway near its intersection
with Delta Waters rd., adja
cent to the existing city
boundary.
Ervin Hogan, an attorney
for the property owners, told
the commission that annexa
tion is one of the prerequisites
to the business deal.
Hogan said the Cummings
Diesel Sales company, with
headquarters in Columbus,
Ind., is thinking of locating a
$150,000 building on the site.
It would employ about 35
men year around, and would
serve as a sales and repair
shop.
Recommend Annexation
The commission also rec
ommended that the area be
annexed as a limited commer
cial zone. It was pointed out
that there are existing limited
commercial zones near this
area and which are already in
the city.
The city council will nave
to act on the commission's
recommendation.
The commission tacked
three conditions onto its rec
ommendation. They are, that
the property have only two
exits to the highway; that the
building be set back 100 feet
from the highway; and there
be no storage of equipment In
the front yard.
City Manager Robert Duff
said the company owners have
already indicated that it will
comply with the conditions.
Action Against
Journal Dismissed
Portland (UPD-District Judge
Ray D, Shoemaker has dis
mlflHod a criminal action
against the Journal Publish
ing company for unauthorized
use of the Allied Printing
Trades Union label.
Judge Shoemaker's ruling
followed a delayed hearing on
the case. Journal Attorneys
Manley B, Strayer and Cleve
land Cory submitted a brief
In support of their argument
that "intent" of the corpora
tion's officers was necessary
to prosecution of the alleged
crime.
No evidence and no case
was put up by the district at
torney s olflce. The state was
represented by Deputy DIs.
trict Attorney Oscar Howlett.
The semi . official news
paper did not describe the
types of warships or guns
but termed the alleged firing
"an Insolent challenge to our
sovereignty."
Red China Million Due
The report coincided with
the scheduled arrival today
of a high-level Red Chinese
trade mission expected to do
business with the Fidel Cas
tro regime and possibly pave
the way for Cuba's diplomat
ic recognition of Pelplng.
Oregon Stevenson
Vote Said Legal
Salem IUPI) - Oregon Elec
tion Director Jack F. Thomp
son said Thursday that the
one member of the Oregon
delegation to the Democratic
national convention who vot
ed for Adlai Stevenson did so
legally.
Oregon cast lBVi votes for
Kennedy while one member,
Mrs. Virginia Grant of Port
land, cast her half vote for
Stevenson.
Oregon's delegation w a s
pledged lo Kennedy on the
first ballot because he won
the May 20 state primary.
But Thompson said that Mrs.
Grant was a delegate because
she is Oregon's national com
mitteewoman and she was not
bound by the Kennedy pledge.
The U.S. Embassy reserved
comment on the firing charge,
saying that any answer would
have lo come from the U, S
Navy.
But observers believed that
the alleged Incldont, which
supposedly was watched by
Castro officers including the
military commander- of Orl-
cntc Province, Callxlo Gar
cia, would be used as part
of the government's cam
paign to force the U.S. Navy
out of Guantunamo.
Said on Maneuvers
Revoluclon sulci that the
warships wore "on maneu
vers" and engaged In "artil
lery practice," Implying that
they were firing live shells
or ammunition cither at or
near Cuban territory.
The report suld that the
first of the warships came
within two (o two and one
half miles of the beach near
Sigua, about halfway be
tween Santiago and Guantan
amo, where an Army post ii
located, Guantanamo, site of
the U. S. naval base, is ap
proximately 40 miles cast of
Santiago.
Second Charge
Today's accusation was the
second charge of U.S. naval
violallun of Cuban territorial
waters within two months.
On May 13 Castro charged
the U.S. Navy with several
violations which were denied.
mm
'My
r
washes in seconds . . .
I travel care-free . . . it's packable!
12
95
Spam the season Spares the ironl Our new
Fall collection of Casualmakers.
generously flarod softly pleated skirt
9 100 nylon machine waihabU drip dry
no Iron
A Pulnn llnAri rnlinr rind cuffs i.'ifs
. many different styles and print, fafl
sizes 12 to 20 12' to 22')
IT'S A WONPfRFUk STOftS
Saturday
Check
list
OF GOOD VALUES
Summer dress sale
Only $8.88, $10.88 and $12.88. Final
reductions for Immediate clearance. Ad
ditional dresses added, We need the
spacell
Carcoar sale
Only $7.99 and $10.99 . . . formerly to
$14,98. Water repellant poplin, single and
double breasted styles. Many to choose from
in solids, stripes, checks and plaids.
Skirt sale
Only $4.99 . . . regular $6.98. Slim
miracle blend skirts, back kick pleat.
Wide selection of colors.
Cashmere coat event
Last call to wrap yourself in the luxury of a
superb imported pure Cashmere coat. It will
take you anywhere all year round. This is the
last week that we can possibly provide these
dream coats at only $49. Beige, bamboo, black.
Sale of better coats
Only $25.00 . . . formerly up to
$49.95. Coals of cashmere blends or
other luxury fabrics including checks
and tweeds. Famous name makers.
Sale of shorty coats
Only $7.88 and $14.88. Everyone of luxury
fabrics. Tweeds, monotones, pastel and white.
Nice selection.
Costume coat tale
Only $8.88 . . . formerly to $22.95.
Failles, brocades, silk and linen, silk
and viscose, and nubby tweeds. All
fully lined.
Maternity top sale
Only $3.33 . . . formerly $4.98 and $5.98.
A colorful selection of maternity tops reduced
for immediate clearance. Short sleeves as well
as sleeveless summer styles. In colorful prints
and in solid colors.
Lingerie sale
2 for $3.99 . . . Lavishly lace trimmed
slips, and petticoats in white or pastels,
also Waltz gowns and baby doll pa
jamas in dacron batiste or nylon tricot.
Buy in pairs or one of each and save $$.
New season casuals
Only $10.98 . . . nationally $14.98. lovely
stained glass window print styled with con
vertible collar in step-in sheath dress, Two nice
useful pockets, rolled sleeves and self belt.
Back action pleat, Real smart, carefree and new
looking.
Dark toned costumes
Only $14.98. Richly textured arnel for
maximum of fashion and minimum of
upkeep. This dress does double duty.
Wear it as a cool sundress with full skirt
or double breasted jacket makes It a
handsomely tailored ensemble. Dark
transition colors for ' practically year
around wear.