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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 29, 1960)
MONDAY, AUGUST 29. 1960 MEDFORD MAIL TRIBUNE, MEDFORD. ORE. 6T SAFEWAY Has the Finest . . . 1 . -rr "s Lettuce T V "Sft a. - . , A Don't Forget To Buy Whipping Cream Fortified Milk AA Medium Eggs Qwip Topping Fruit Jars Jar Lids Sugar Wafers Sparkling bright, green swirls of crisp, crinkly head lettuce.- Rushed dewy fresh from rich growing areas to our stores, where each head is given a careful inspection to make sure only the most perfect large lettuce reaches our dis- head plays for you. Lucerne Half pint Lucerne Two-Ten Cream 0' The Crop Instant cream 2 2 doz, 6 oz. can Kerr or Ball res. quarts Kerr or Ball regular Busy Baker Phooco an Zee i'rocess UllCCSC cheese spread Pooch, dry kibbled doz Dog Food Portland Punch Chunk Tuna Raisin Bread Star- Kist Skylark Save 2c 6 oz. Pkg. 2-lb loaf 10-lb. bag 10 oz. bottle No. 12 cans 1-lb. loaf 35c gat. 87c 95c 55c $1.49 doz. 35c 29c 69c $1.29 49c 29c 33c No. 1 Potatoes Danish Squash Cauliflower Green Cabbage Fancy Apples All-purpose Russets Thick sweet yellow meat Delicate fresh flavor; snowy white curds Locally grown, crisp 'n mild 10-lb. bag lb. lb. Gravenstein . . , pies and sauce for lb. lb. 69c 7c 15c 10c 15c Our Meats Are GUARANTEED To Please! Smoked Picnics Flavorful picnics at this sensation ally LOW price ... a special treat for cooler weather meals. These "picnics" are lean and tender. lb. We Give Valuable GOLD BOND STAMPS for an EXTRA Saving! Visit Gold Bond Gift Center at 4th and Central in Med-ford. Boneless Top Round "USDA CHOICE" beef carefully aged and trimmed, lb Boneless Swiss Steak "USDA CHOICE" beef bottom round. Flavorfull lb. Center cuts of finest smoked hams lb. Lucerne Homogenized Mik 49 Richer, 3.8 butter fat. You save 12c when you buy AVi gallons. 1 olSBM V4 Gal. Ham Slices Rump Roast Sirloin Tip Steak Spencer Steak Ground Beef t'hl' V'jll'l Kill V " " v' 1 i At fi'H't? LA z it f 3 TELEVISION APPEARANCE Sfit. Vladl mar Sloboda, left, Polish-born defector from the U,S. Army, is shown with announcer V. Balashov during a television appearance in Moscow late Friday. Sloboda disappeared from his intelligence unit in Frankfurt, 5 i" I -' 1 ifflifr ilTHfhji-- Germany, Aug. A. II was rcveak'd last Mon day that he had asked for political asv lum" In the Soviet union. During his tele vision appearance Sloboda accused 10 Army officers of espionage activities against the Soviet Union. (UPI Raduitelephoto) Hollywood Finally Casts Englishman, Roger Moore, As Star of Horse Opera By VERNON SCOTT UPI Hollywood Correspondent Hollywood -OIPII- Well, they've finally gone and done it-cast an Englishman as the star of a horse opera. Can't you hear the dialogue now: "I say, old bird, drop the firearms or I shall be Easing of Money Rates To Pep Up Economy Puts Federal Reserve Board in Spotasght "USDA CHOICE" aged beet lb "Choice" beef lb. Boneless "US Choice" beef lb It doesn't cook away 89 85 89 89 98 $449 I 49 MOM HILL Coffee G&H Sugar Cereals DceC Rich full bodied at a new low price. Ground fresh at the store. Save on powdered or brown styles. Regular 2 for 31c. - Wheaties, Cheerios, or Post Sugar Rice Krinkles. Mix 'em match 'em. reainni Richer lucerne Party Pride. Regular 89c. 7 Exciting flavors. Cottage Cheese lucerne . . finest. Vi gal. 98c. . Ifs the Quart 49c. Mb IS 9 c pkgs. t& JS pint 2a C By HENRY J. BECHTOLD . UPI Financial Editor New York-IUPII-The recent easing of money rates to pep up a lagging economy has placed the F e d e ral Re s e r ve Board in (he spot light again. S om e crit i c s of the board say its easier money policy has come too late, Henry llrchtnld others say it is premature. But no matter what the thoughts are on the subject it is significant to note that every adjustment in the economy since 1938 has been influenced to some degree by the monetary policies of the Federal Reserve. Alan C. Poole of the brok erage firm of Hemphill, Noyes and Co. reviewed the four periods of adjustment since the mid 1930s- 1937-38, 1948-49, 195354 and 1957-58-and came up with the conclu sion that the present pattern of Federal Reserve Board ac tion differs significantly from previous patterns in two re- pecls. For the first time, Poole notes in a study just released by the firm, Federal Reserve action for easing money was taken aunng a presidential election year. He says that contrary to the fallacious belief that the board will take steps to ease money during a presidential election year, possibly to cre ate a rosier business picture, company records show that the opposite situation exists in many cases. Premature Action In 1956 the discount rale was raised; in 1952 no action was taken; in 1948 both the discount rate and reserve re quirements were boosted; in 1944 and 1940 no action was taken; and in 1936 reserve requirements and margin re quirements were raised. Poole says it also appears that the action of the Federal Reserve compared to previous periods is premature. He notes that although the index of industrial production has only declined slightly the discount rate has been low ered twice by the Federal Re serve and reserve require ments also have been lowered. In 1958. he notes, the in dustrial production index had declined nearly 6 per cent prior lo the time the Federal Reserve took action lowering the discount rate for the sec ond time. In 1954 the index was down close to 10 per cent before action on the discount rate was taken, and in 1949 the board waited for the in dex to drop 7 per cent before lowering reserve require ments. Four Year Cycle Also of interest, Poole says, is that' since World War 11 we have been operating in ap proximately a four year cycle both with respect to the stock Burglars Steal Leather Goods Portland - (UPI) - The Cul bertson Glove Co., here was burglarized of close to SI. 000 worth of leather goods Thurs day night. Police said 175 pairs of men's and women's gloves, along with leather coats and luggage, were taken in the robbery. Lloyd J. Culberlson, 75, owner of the store, who lives in an apartment above the establishment, said the bur glary occurred sometime be tween 10 p.m. Thursday and 7:30 Friday morning. Van Camp's Spanish Rice 5-$l Just heat 'n serve, A meal in minutes each 21c Edward's Coffee $15 Always a favorite! Reg. or drip grinds 2-lb. can Mb. 58 Clam Chowder Famous Snow's Each 0 15 oz 29c tft$ cans Soya Sauce Chun King 5 oz. Btl. 29 Wisk Liquid Detergent 45 16-oz. FLOUR Kitchen Craft 10-lb. Bag Potato Chips Blue Bell Triple A Pack 69' Beef Bouillon Steere Cubes pkg. ot 12 23 ifS bag $2,09i Kotex Sanitary Napkins $73 pkg. of 48 Price effective through Wednesday, August 31, at Safeway in Medford. We re serve the right to limit. Work to Begin On Research Labs Portland - IUPD - Construc tion is scheduled to start this fall on a $2.5-million medical research laboratories building on the University of Oregon Medical School campus, fol lowing opening of bids on the project here triday. Low bidders were: General construction work, Ross B. Hammond company, Portland, $1,618,000; mechanical work, Urban Plumbing and Heating, $547,000; and electrical work, Lord Electric Co., $199,000. Final awarding of contracts is scheduled to follow the meeting of the Oregon State Board of Higher Education in Salem, Sept. 12 and 13. market and to business. The high points of the stock market were reached in 1956, 1953 and 1948; and for busi ness, in 1957, 1953 and 1948. The low points for the mar ket were reached in 1957, 1953 and 1949; and for busi ness. 1958, 1954 and 1949. The pattern, he says, sug gests that cither 19G0 or 19G1 should be the year when the slock market andor business should peak out, while 1961 should be the next low point for the stock market, and 1961 or 1962 the next low point for business. "This four year postwar pattern in all likelihood will not be violated unless we ex perience a major postwar re cession," Poole states. He says hopes of investors for improved business condi tions, plus an easy money pol icy which could stimulate business to some degree should be conducive to higher stock prices and better busi ness conditions over the near term. However. Poole says he feels that eventually, regard less of current easier money policies, a decline in stock prices and subsequently a de cline in business activity will lake place either because of the fear of more rigid con trols over business under a Democratic administration or a tighter money policy under a Republican regime. Accused Rapist Ends Jail Fast Salem - (UPI) - Mike L. Over ton, a 29-year-old Marion County jail inmate who "ap parently just felt sorry for himself," has ended his flve- dav fast, Sheriff Denver Young said. Young said that Overton pointedly refused his meals until Friday night, although the sheriff said he believed the prisoner was being fed by fellow inmates. Overton was being held on a charge of rape. He also faces a charge of escaping from a prison forest camp near San Bernardino, Calif. Group Asks More Food Allowances Portland - IUP1I - The Oregon Welfare commission Friday called for Increases In food allowances for welfare chil dren, and for increases in aid to the blind. The commission voted for an increase in children's food grants after hearing a report that the agency's funds were insufficient for food allow ance increases for both chil dren and adults. The increase would bring children's allowances up to two-thirds of low cost diet requirements. obliged to do you in." The bloke wot's taking on the role is Roger Moore, a decent enough buff, who most recently had a fling as Silky Harris in "The Alaskans," a show which was snowed un der last season. Moore, who has an English accent you could cut with a cricket bat, will be seen this fall as cousin Beauregard Maverick, replacing Jim (Brett Maverick) Garner in . . , yep, the "Maverick" series. Roger accepted the role with a raised eyebrow. Played Ivanhoe Series "It's better than running around in a parka on fake snow in 90-degree weather," he observed dryly in the Warner Brothers commissary where the defunct "Alaskans", was filmed. "Riding around rescuing damsels is nothing new to me. I did a series of 39 'Ivanhoe' shows, too." "The principal difference in 'Maverick' and 'Ivanhoe' is the color of my horse. I've al ways liked riding away into a blazing sunset, and this time I don't have to wear all that heavy armor." Roger was interrupted "by his new co-star, Jack Kelly, who continues in the part of Bart Maverick. "He's the first Alaskan ref ugee we've had on the show," Kelly said. "They really threw us a loser on this one." Moore, taking a most un- British view of the remark, responded by tossing an ice cube (dredged from a glass of iced tea) at the redoubtable Irishman. Kelly Retaliates It's clear to me that Kelly is the major drawback to the entire series," Moore said. "The reason they called me in . is that Jack couldn't carry the show alone." "I'm beginning to miss Gar ner already," Kelly replied. Then,' in retaliation, he bounced a heel of rye bread from another table off Moore's blond head. "Barbarian," Roger sniffed. "My introduction in 'Mav erick' takes place in the first episode," he went on. "It is explained that I captured a ,t-: 1 ,u umuii geuuiai uui nig me fivil War hv mislnko iiwt as tl)e Confederate Army ar rived. For this I got a medal, which was a disgrace to the Maverick family. I therefore was sent to England to for get." Is that how his accent is accounted for in the ABC-TV show? , "Wot accent, old chap?" asked Roger. Schenley London Dry Gin distilled from 100 Grain Neutral Spirits, 90 Pioot Schentey Vodka distilled from grain, 80 Proof Schenley Distillers Co., N. Y. C, to England for Councilman Won't File for Reelection Central Point -All but one member of the present Cen tral Point administration whose terms expire this year have filed for reelection. Rollie Chisum, a council man from Ward One, has in dicated he will not file for another term since his plans for the ooming year are un certain. Those who have filed for re election are Mayor freeman Mason, Treasurer toward Jones, Recorder Lyle Paull and Councilmen-at-largc Wil liam Saxbury and Chester Ayers. Oregon Reservists Head for Home Fort Ord, Calif.-OJPD-Nearly 2,000 reservists from 70 units iii Oregon and Washington were headed for home Satur day after two weeks of active dutv training here. The men trained as units of the 104th Timberwollf divi sion, which would be respon sible for training recruits in basic and advanced Infantry skills if mobilized during an emergency. 1 it', fjjj s M-lil Russia . ( J L j for ' ft1 :ju. I X3f!rs i I j I BUta""---- I I if ,f5?tsw il jf j J -1 ' ' J U - . M what for? . j Schenley does it better here at home and there's no duty to pay! Why look abroad for the finest gin and vodka? We do it better in America. Take Schenley London Dry Gin. Here's a gin made from only the costly centercutofthe spirits. We literally throw away the rough spots-the first and last . spirits to come off the still. As a result, it's the smoothest gin anywhere. And take Schenley Vodka. Its authentic character comes from old world charcoal formulas, and extra Schenley touches make it the lightest, dryest vodka on earth. So, why buy imports, and pay for added freight and duty? You'll find Schenley London Dry Gin and Schenley Vodka (both cost the same) at popular prices everywhere. $395 Oln: Code No. 302B Vodka: Cod No. MM
