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