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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 29, 1960)
B. MEDFORD MAIL TRIBUNE. MEDFORD, ORE. rRIDAY, JULY J8, 1SI0 Wall Street Chatter New York - UPB - The out look (or the railroad industry, long-burdened by rising costs end lack ot growth, has basi cally improved, according to Good body and Co. Recent wage settlement and Wage proposals, the firm point out, have been reason able. At the same time the in dustry has been extending its position in transportation through trucking and pipeline activities, piggyback traffic has grown excessively, oper ating efficiency has been im proved and the Interstate Commerce Commission is looking favorable on railroad mergers, the advisory service notes. ' , Harris, Upham and Co. says the intrinsic values of Ameri can Viscose Corp. are not fully appreciated. Manage ment has shown considerable foresight during t h e past decade, the firm adds, and recommends the stock as an 'undervalued situation" with promising long-term growth prospects in the synthetic fiber and petro - chemical fields. The vending machines in dustry is being recognized as one of the most rapidly grow ing sections of our economy, according to Sutro and Co. "The industry's historical 12 per cent annual growth-rate exceeds that of business gen erally by approximately three times." Spear and Staff suggests holding western Maryland despite a further earnings dip in the first half. The stock, it points out, is subject to fluc tuations in accordance with changes in the economic ell mate, "but at current prices tile issue offers an attractive yield and potential capital gains when carloadings re cover." Accident Reported To Ashland Police Ashland - A two-car acci dent was reported to city po lice here Thursday. No in juries or extensive property damage was reported. The ac cident occurred about 5:20 p.m. Wednsday. Involvd were cars operated by Brinn Montes Rashee, 1995 Wine St.. Ashland, and Claire F.Y. Ching, 396 Bridge st., Ashland. According to police, the Ching car struck the Rashee vehicle while attempting to park in a parking lot here. No citations were issued, police said. , Welden , Subdivision Medford's Newest Area of Reasonable Priced Lots 97 F.H.A. 25 & 30 Yr. Loans State & Federal G.I. Approved City Water - Paved Streets $1,595.00 and up Brooks Const. Co. Ph. SP 2-5209 - 3-3185 or 2-5011 On STEARNS WAY off ROSS LANE . 1 k Lr IS Jlif -Ml ilM Iff , f IT M I 11 I wene omsrocm NEWEST STATES Delegates from Hawaii and Alaska accept honors as representing newest status in the union at Uie GOP National Convention in Chicago. Expressing gratitude is Governor William Quinn of Hawaii. At left, John Coghill, a state senator from the Yukon, presents Miss Alaska of 1959, fur-lrlniiiied Anna Lekiimi. Mrs. A. B. Waterhouse, GOP national commiltccwoman from Hawaii, is on rostrum to present 50th star symbolic of her state. (UPI Telephoto) Youth Drowns Near Corvallis Corvallis-(UPD-A 17-year-old boy from New Mexico drown ed Thursday in Thornton lake in North Benton county. Or lando Lucero, of Carrizzo, N.M., apparently became ex hausted while swimming in the lake with a friend, state police said. Lucero and Dennis C. Car ter, 16, Albany, were swim ming from one inner tube to another in the lake when one tube got too far away for Lu cero to reach. He called for help and Carter went to his aid. The two went under the surface twice and Lucero slipped away from Carter's grasp. The body was recovered about 1V4 hours later by Er nest Lebow, an Albany skin diver. The boy had been visit ing this summer with the Joe Gabbert family. His parents are in New Mexico. ENTERTAINER DIES New York-(l!PD-Mrs. Doris Weston Swanstrom Borden, 43, former movie, radio and night club entertainer under the name of Doris Weston, died Wednesday in Memorial hospital after a long illness. Two Injured When Car in Procession Hit at Junction Two Medford women suf fered slight injuries Wednes day when the car in which they were riding in a funeral procession was struck by an other car while going through a traffic light. Injured were Mable May Lynch, 60, of 324 West Jack son St., and Clara Alberta Har ris, 67, of 616 Wilson rd. They were passengers in a car op erated by Meda Leota Lucas, 61, of 317 West Clark si. Both women were taken to Sacred Heart hospital by Med ford Ambulance Service. Their injuries were not be lieved to be seriour, and both women have been released from the hospital. Police issued a citation to Mrs. Lucas charging her with failure to yield the right of way. Police said the accident oc curred at the intersection of Eighth and Orange sis. about 1:42 p.m. In Fun.ral Proc.sslon The car operated by Mrs. Lucas, they said, was in a fun eral ' procession proceeding south on' Orange st. when it was struck at the intersection by a delivery truck operated by Richard Charles Swan, 17, Cities Get Funds For Water Plants Washington (UPD - The Fed eral Department 6f Health, Education and Welfare today granted Nyssa, Ore., $42,550 and Woodburn, Ore., $18,090. Nyssa s grant, under a law of the Federal Water Pollu tion Control act, was award ed for expansion and improve ment of existing primary treatment treatment plant and interceptor project. Un der the same law, Woodburn was granted Its total. The Nyssa project total cost is $141,840 and Wood- bum's $60,300. blyi yow$!f liouftlf extra time . . . . M v' & m ywf keHcf ' Vr i MEALS FOR YOUR FAMILY ARE A MATTER OF CHOICEif you have a. supermarket la yowt kitchen! Choose your own shopping time . choote the most convenient meal preparation time (you can do so much in advance!) ... let your family choose their favorites from the wide variety of food available. Saw time, work, and wotry Savemoney r Feed your family better- with your own. MODERN HOME FOOD FREEZER ! frozemrware GOOD AW GOOD Inckson county juvenile de tention home. Swan told police he was proceeding west on Eighth St.. and he had the green light at the intersection so he pro ceeded. He did not see the Lucas vehicle, he said, until it was too late to avoid a col lision. Mrs. Lucas told police that the light turned yellow Just before she entered the Inter section and neither did she see the Swan vehicle until it was too late. Police cited Mis. Lucas, be cause, they said, a funeral procession proceeds through red lights at its own risk. Police said both vehicles sustained heavy damage and both were towed from the scene of the accident by wrecker. Delegates Attend Witnesses Meet Portland - (UPD - More than nine thousand minister-delegates poured into Multnomah stadium here Thursday for the opening of the four-day peace pursuing District Assembly of Jehovah's Witnesses. The delegates will hear talks, observe staged drama tizations, and participate In training programs during the four-dny meeting, BUY yffij now V AND I'Qi SAVE A'N, SALE ENDS August 6th IE (.- I . 100 PURE HOUSE PAINT SALE FOR BODY, SASH AND TRIM Our first quality home paint in a full range of popular Wostorn colors for body and trim pointing. Mode with the best oits ond pigments for lasting protection and beauty. A real savings at these special stock reduction prices. Regular $7.55 Gal. $593, Now Gal. nv MMr M W Mm nm Ji I Outside White Rag. 7.5S NOW $4.98 Open 8 to 5 Monday Thru Sat. Closed Sunday "THE BUILDITORIUM 765 SOUTH RIVERSIDE Phone SP 2-621 1 Vacation Bound? We Hope You Have a Wonderful Time . . . but before you leave ask for the Mail Tribune Af ATIP.M DAIf a rcmirc tiMlrwk We will held the Mail Tribune while you are en your vacation. Each issue will be held in our office while you are away and will be delivered to you personally by your carrier upon your return. If s FR No papers to pile up on your porch. You will be able to catch-up on all local news and special features when you return. When you leave on your vacation just complete this handy order, and either give it to your carrier . . . mail it ... or just bring It in to the office. WE WILL DO THE REST . . . Medford Mail Tribune VACATION Circulation Department PAK I Medford, Oregon ORDER S BJ Pleaie my Mall Tribune wfilla I am en vacation, beginning, and deliver all st than) te ma a whan I return an (It data un- B 5 certain, pleaie tall Mall Tribune whan yau raturnl) Name m Address City liV ; ( ii kf I 11 a 'J-4 -I ii Complete This Vacation Pay Order Today or Phone the Circulation Department. A Free Service of THE MEDFORD MAIL TRIBUNE FOR miff SPring 2-6141
