TUESDAY, AUGUST SO. I960
MEDFORD MAIL TRIBUNE. MEDFORD, ORE.
m ..... - v-. m 2rm . . . i
HOPE The SS Hope, a wartime veteran rechristened in is a 230-bed hospital ship, the first of a projected fleet
the name of international good will, arrived in San Fran- which will carry the medical knowledge of the U.S. to
Cisco Friday to prepare for a new adventure carrying other lands. A welcoming committee of fireboats surround
medical "hope" to the peoples of the Far East. The Hope the ship as it arrives in San Francisco. (UPI Telephoto)
Banks Cut Prime Rate, Give
Stocks Third Straight Rise
New York -IUPH- A cut in
the prime rate by the na
tion's banks gave the stock
market its third consecutive
weekly rise.
The list registered its best
gain on Tuesday after most
major banks reduced from 5
per cent to 4'i per cent the
interest they charge on loans
to customers with the best
credit rating.
The advance carried over
into Wednesday, but was re
versed in the Inst two sessions
of the week when some profit
taking came into the market
Brokers noted that the decline
in volume the last two ses
sions from the mid-week pace
was characteristic of consoli
dation periods.
They said that certainly
some sort of resting phase
was called for after 15 con
secutive days during which
advances outnumbered de
clines. They added, however,
that constructive forces con
tinue to hold the reins, and
there should be sufficient
support to cushion any sell
ing. They expect a renewal of
the uptrend shortly.
One technician said that the
consolidation of relatively
light volume would impor
tantly improve the internal
condition of the list and help
the market's chances of re
sponding to any post Labor
Day pickup in business.
Summer Doldrumi Continue
As for the business world,
there were no signs of the
economy coming out of i's
summer doldrums and steel
officials have virtually writ
ten off September as the
month for the long awaited
upturn. They now pinpoint
October as the date for a ma
jor turn-around in the depress
ed steel market.
A sharp decline In July ma
chine tool orders, a barome
ter of future production plans,
also Injected pessimism into
the business outlook. T h e
weekly business statistics
didn't help clear up the pic
ture cither. Slecl, crude oil,
electricity and coal produc
tion all ran behind the previ
ous week as did freight car
loadings and bank clearings.
Sales last week rose to 15,
208,200 shares, or a daily av
erage of 3,059.652 shares,
from 13,702.603 shares, or an
average of 2740,529 shares per
day a week earlier.
Telautograph, which an
nounced it has available for
leasing "electronic handwrit
ing" machines that can trans
mit or receive messages over
local or long distance tele
phone wires, was by tar the
most active issue with sales
of 403.600 shares. Its price
more than doubled on the
week, rising 9s to 18'.
Average! Up 1.60
Studebaker-Packard, Amor
lean Motors, Lockheed, and
General Motors rounded out
the five most active issues.
The Dow-Jones averages at
Friday's close showed 30 in
dustrials at 636.13 up 6.8S
points from the previous
week, and 20 rails at 139.98
up 0.19. The utility averages,
after reaching a now sigh
since June 6, 1930 on Wednes
day slipped back a bit and
j umaiicu m UO.U4 up U.1U. Ilia
average for 65 stocks finished
up 1.60 to 210.55.
Most d r u gs issues were
helped by the announcement
that oral polio vaccine will bo
produced commercially '.)jr
mid-1961. Allied Laboratories
Jumped 77s, American Homes
Products rose 3',-i, Vlck 3, and
Pfizer lis, but American Cy
anamid fell 4-';.
j&a
SAVE NOW
They'll Do It Every Time
By Jimmy Hatlo
EvERy LAWYER WHO EVER PRE
PARED A CASE KNOWS THIS C5Uy
THE VOLUNTEER WITNESS WHO SAYS-
rinwhr waddvA.
ALLVOU HAVE TO DO
C Ul I-T DM TU i-
CTAkirvl WUFKlTftPT
, THROU&H THE OTHfcK
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V 1 I Annop?; Awn MAmp? m iMRAPk a
OCCUPATION ( WINDIDDY-I MEAN
J PS I h-t-i r WOMBAT DIMBIDDV-
M.I I I III 1. .'.""'
v-v' I in v V ' WL Jrvl rSI I l
So HERE'S OUR 6LIB FRIEND OH
THE STAND"" AND HE CAN'T SO
MUCH AS MUMBLE HIS OWN NAME-
Morse Warns Against
Dropping Housing Bills
Washington - Sen. Wayne
Morse (D-Ore.) today express
ed alarm and concern over
reports that housing legisla
tion would be dropped in the
interest of quick adjournment
of the Congress.
"The politician v.-ho seeks
votes in Oregon this fall is
going to have to show that he
did everything he possibly
could to bring enactment of
a good housing bill," Morse
said. "I am ashamed to hear
reports that this session of
Congress may abandon the
housing bills.
"The Senate has passed its
omnibus housing bill, and it
is now on the desk of the
speaker of the House of Rep
resentatives; the House Bank
ing and Currency committee
has reported an even more
far-reaching one which is be
ing held up by the House
Rules committee; the House
Alaskans Arrive
A! Indian School
Salem - (UPD - First of 100
Alaskan Indians have arrived
to be educated at Chemawa
Indian school north of Salem.
, Four boys and one girl are
the vanguard of the group
which will arrive here this
week.
These are the first Alaskan
Indians to be educated at the
school in several years. Che
mawa has been educating only
Navajos recently.
Senators Morse, Lusk
Vote With Maiority
Washington (UPD Oregon
Sens. Wayne Morse and Hall
S. Lusk voted with the ma
jority Monday as the Senate
voted 74-11 for legislation
providing federal medical as
sistance to the needy aged
and 56-31 to restore S191 mil
lion of the S266 million cut
from President Eisenhower's
foreign aid money request.
U.S. Begins Construction
Of World's Largest Radar
Washington (UPI) - The Unit
ed States has begun construc
tion in Puerto Rico of the
world's largest radar, capable
of bouncing signals off the
planets Venus, Mars and Jupi
ter, the Defense Department
announced Monday.
The device also may detect
signals originating billions of
light years from earth.
The instrument's dish-shaped
antenna, 1000 feet in dia
meter, will cover 18 acres.
The construction, on a site 10
miles south of Arecibo, is to
be completed in the fall of
1961 at a cost of $5,500,000.
"The power of the Arecibo
radar will be greater than that
of any comparable instrument
now in existence," the depart
ment said. "There should be
no difficulty in obtaining
strong radar echos from dis
tant planets such as Venus,
Mars and Jupiter."
Bouncing radar signals
This Labor Day, unlike those of yesterday, has
real meaning for the nation's disabled millions;
it symbolizes that they have won a place in
business and industry on merit; not on charity.
Be sure to read "Help for the Handicapped
Worker" by James P. Mitchell.
Also, these other interesting features
in next weekend's . , .
Family
Weekly
"I Always Liked to Paint
by Grandma Moses
"My Favorite Models"
by Phillippe Hahman
"Back to School in High Style"
by Allyn Rice
September 4th Issue
MEDFORD MAIL TRIBUNE
from the moon, only 240,000
miles away, has become com
monplace. The much greater
distances to the planets vary
from 25 million miles from
Venus at its closest approach
to 600 million miles for Jupi
ter when that planet is farth
est from the earth.
The radar will both send
and receive signals. Referring
to radar waves that are gen
erated by many of the distant
stars and galaxies, the depart
ment said:
"This device will permit
man to look deeper into space
than he has been able to do
in the past. It may detect sig
nals from billions of light
years away."
Trade Association
To Meet In Idaho
Sun Valley - (UPD - The 44th
general conference of the Pa
cific Northwest Trade asso
ciation will be held at this
Idaho resort Sept. 25-27.
Current problems in de
veloping water resources of
the Pacific Northwest will be
appraised by business and in
dustrial representatives from
Washington, Oregon, - Idaho,
Montana, British Columbia,
Alberta and Alaska.
Mom, Daughter To Vie
In Baking Contest
The Dalles - (UPD - It will
be a two-county affair when
the Oregon Wheat Growers
cake contest bake-out is staged
in Portland next December.
Competing for the $100 prize
will be Mrs.Theo von Borstel
of The Dalles and her daugh
ter, Mrs. Kenneth Hattrup of
Grass Valley.
DIE IN REFRIGERATOR
Rosiclare, IH.-IUPD-Two girls
crawled into an unused re
frigerator to play Monday and
died of suffocation. The vic
tims were Laura Ann Wal
lace, 6, and Carol Jean Lowe,
8. Laura's father. Kenis Wal
lace, said he had placed the
refrigerator on the back porch
with the door to the wall, but
that someone must have turn
ed it around in his absence.
NIXON 11.51 A POUND
Des Moines, Iowa- (UPI
"Nixon," a 970-pound steer
judged grand champion of the
Iowa State Fair's 4-H baby
beef show, was sold at auction
Monday for $1.51 a pound. His
owner. Carole Minish, 17, of
Dysart, Iowa, withheld from
auction another steer named
"Kennedy" for later showing
at other livestock expositions
Smith Outlines
Forest Program
Roseburg - (UPD - Republi
can senatorial candidate Elmo
Smith said Monday Oregon
should take a "good long
look" at its forest resources
to make certain they are be
ing managed to the best in
terest of all the people.
Smith said "there is an
urgent need to develop a long-
range program of continuous
management of our federal
forests to provide the maxi
mum number of permanent
jobs in industry."
Minimum timber volume,
he said, is needed to support
the billion dollar annual lum
ber, plywood and pulp in
dustries and the 00,000 per
sons directly employed by
them.
He said full recreational use
of national forests should be
provided for along with for
est watersheds.
Smith described a re-appraisal
of timber and forest
resources as the latest plank
in his campaign platform to
provide more jobs for Oregon.
He told Chamber of Com
merce members other neces
sary steps are a fair share of
federal spending in Oregon
for new space age Industry;
prompt and wise develop
ment of natural resources to
stimulate recreation and tour
ist business, at the same time
preserving multi-purpose use
of natural resources; rapid
development of port facilities
and modern highways to serve
the coast; federal legislation
to support a long-range pro
gram for construction of more
private dwellings, and empha
sis on solution of Oregon'!
producer problems in both in
dustry and agriculture.
has passed and sent to t h e
Senate an emergency meas
ure to stimulate private home
building, and this bill is pend
ing before the Senate Housing
subcommittee."
The senator added: "Final
action on one or more of
these measures is imperative.
The bottom has fallen out of
the lumber industry in Ore
gon, Every week brings new
plant shutdowns or reductions
In the work week. The de
cline in new housing starts
for 1960 is largely responsi
ble for this situation. This
slump must be reversed quick
ly, and any one of these three
bills would help reverse it.
Friends of housing legislation
must be particularly concern
ed with the failure of the
Mouse to date to act on an
omnibus housing bill.
With widespread unem
ployment in Oregon comes a
slump in the small businesses
in every community. I am al
ready hearing not only from
those who have been laid off,
but from the department
stores, laundries, and similar
establishments, whose regular
customers have stopped buy
ing or are doing their trading
on credit.
"I appeal to the Rules com
mittee in the House, the Bank
ing and Currency committee
of the Senate, and the leaders
of both parties in both houses
of the Congress to put their
efforts behind a housing bill
that will restore a reasonable
level of construction."
Insufficient Evidence
For Clippino Charge
Greensboro, N. C. - ET5 -Judge
Z. H. Howerton Jr.,
ruled Monday that a tin box
of hair clippings was not suf
ficient evidence to support
Mrs. Grace McKenny's charge
that she was assaulted with a
deadly weapon.
Mrs. McKenny had claimed
that S. I. Stewart, 62, sud
denly began snipping away
at her hair with a pair of
scissors in a sporting goods
store.
ACTOR DIES
Woking, England-STO-Alex
ander Gauge, 46, who played
the 252-pound role of Friar
Tuck In the "Robin Hood"
television series, was found
I dead at bis home Monday.
CUTS AND
CATCHES GRASS
like nobody's business!
IS)
f 1 fritl
Jacobsen
TURBO-VAC
ROTARY
IB-inch cutlinf width . . . 2W HP Hi-Totqui ngini
Culft grnm nnil woeda,
cat elicit clipping, lonvcn
n ml liltcr in it covorrci
graM L-nlchrrt Col Ice in
an it ciiIr ns il vnoutim
clcnn. It'ftvcB tho ynrri in
nuat n living room rug.
Wall Street
Chatter
New York-(UPII-The econo
my may have started on a
new standard of living-one
where the extremes are avoid
ed, and a relatively high pla
teau maintained, according to
Sidney B. Lurie of Joscphthal
and Co.
Witness these facts, he says:
There is a greater stability
to consumer buying power
now than ever before; the
economy is not as vulernable
as it was at past turning
points when many excesses
cried for correction, and the
tremendous boom outside the
United Stales Is spilling over
to many American industries.
Lurie points out there is no
economic law which says that
sweeping recessions are a
"must."
Gnu dnwn from both
lidei, cut avertly bv 4
replaceable, revmiole
hirdened itetl blidti
Powitul vacuum cleinhf
action even lifts solid
obU, pfopHilhem into
covered catcher
Dip lop deiign lor eny
mptyinf ; littl oil and II
(tplactd on mower quick
at a wink
So Reduced to$11950
PICKING
BUCKET PARTS
Weill and Wade, leather re
inforced. Bottoms of heavy
duck.
$2.00 Each
Bucket Straps
95c Each
PACKING
NEEDLES
Cooper doublo point packing
noodles
$98
Replacement polnti, ipringl
and nuts for Cooper needles
King-She Cleaning
with
.the new
OK
s Codarlon bristles JL
llghlwoljhl, washable L"
wears evenly s J
x .-- l
REG.
$2.49
Special
$169
I
SIX NEW PATTERNS!
Fine Grade Imported Translucent
G UN A DINNERWARE
57-Piece services for eight. Each set includes eight eachl
Dinner Plates
Bread and Butter Plates
Soupi
Fruits
Tea Cups
Saucers
1 Platter
1 Serving Bowl
1 Creamer
1 Co- td Sugar
TIME jMS
PLUS 4 EXTRA CU.
3. W. Sparks and Co. says
Victoreen Corp., a stock in
the low-priced category, is po
tentially ripe for a sharp up
turn from the technical stand
point. The move could be of
such sufficient magnitude as
to offer the trader suitable
capital appreciation, the firm
adds.
Domestic oil shares, reports
Stanford and Poor's outlook,
now appear in a better posi
tion to act better in relation
to the market as a whole.
"The central point of strength
in the industry outlook is the
continuing rise in demand for
petroleum products."
Arthur Wlesenbcrgcr and
Co. notes that for many years,
electronic computers were, in
most people's minds, synony
mous with IBM. Tills com
pany's number one spot may
remain unchallenged, the firm
adds, but the tremendous po
tential of computer sales- pro
jected to rise from $1.5 bil
lion in 1960 to $4-$5 billior
in 1956 - obviously leave
room for successful rivals.
relatively recent- entry, Nr
tional Cash Register, appea'
on the verge of carving c
a generous share of this e
pandmg market."
INDUSTRIAL STAPLE TACKERS
Gun Tucker
(dial for Control
Tacklnfl. Compreit
hondl - itaplei
drlv accurately
and itcurfly. On
hand doet In job.
Modeh drive 532"
lo 916" itaplu.
WIDELY USfeD FOR TACKING.
Shipping tog Upholitorlng Signi
Diiplay Intulollon Ceiling Til
Scream CabintH Waterproof linen
Rug Padt Furniture Many other utts.
Hammer Tacken
for Bigger
Job I, Taclct fatt
at you swing
It. Staple feed
and drive auto
molieolly. One
hand operation.
Model drive
316" to 916"
lloplet.
TARGET and
HUNTING
GARBAGE
CANS
At Hubbard Broi. you may
chooie from 20-24 or 30 gal
lon cant which ara hot dip
ped. Hot dipped cam coit
lomcwhat mora bacauia they
ara completely fabricated
from black hoof and then
dipped in molten line. A hot
dipped can fi completely leak
proof, it hai more' ruit proof
tine coating and ti much mora
resistant to denting.
659 9
85
Priced $2950 to $5450
FIREPLACE ENSEMBLE
4I
i n i
I
f f A 'i
No. 1230 Special. Attractive
bran and black porrabla cur
rain firaicrecn from Portland
Wlllamorra Co. 38" wide, latin
black. Frama adjuiti to holghti
from 27" to 31". Solid pol.
iihod bran duo-hood and fand
r trim. Bran handlad pokar
and bruih ara Included.
95
WEST BEND Automatic
ELECTRIC GRIDDLE
with heat control
BOWS
CONGOLON MISSILITE glaii re
inforced long bowl. 4547-55
pound pulls. Present itocki only.
REDUCED
30
I UWrVEBSaU j
eeXSlte $5.50
m L
1
FOOD
CHOPPER
ell eerti leef .
Special $4'5
MONEY SAVING FLOOR CARE
HEWS I
QUALITY "
FLOOR CONDITIONER
NOW AT A NEW LOW
PRICE 3950
2 SCRUBBING BRUSHES
. 2 POLISHINO BRUSHES
2 BUFFING PADS
For cooking or KrrJni rlfth( il
the ublct More then 200 tq. In.
of cooking area. Griddle mey be
Immertcd (or clcming. fleet U evenly
coo trolled with no hot ipon or cold ipoo.
Westmoreland
MILK GLASS
A new ihipment of Wett
moreland brand original hand
made milk,gln. His uit been
unpacked.
RIM1MGT0H GUN
3A" Polyethylene
PLASTIC
PIPE
For Irrigation iprlnklincj ly
tami. Modorn Una 75 pound
clan.
per 100
feet
$550
Also See the
New Model 99F
SAVAGE
With Top Safety and
Adjustable Trigger .
STORE HOURS: 8:30 A.M. to 5:30 P.M. MON. THRU SAT,
. !.ir ii.ji A
wirnin mvurDroi
Clrr Llmlti
S1.00 Minimum
Purchna
. mm mtfllMmk "Y-i-ss
II n M n Ira lf l . lS IrW WW) 1 l
lua ti u; iu; 1111 uj Tr -t
m II II lr lr IUI II II ' IrVv
BROS.. IBC.Sfife
1 1 oSBrW
MAIN AND RIVERSIDE PHONE SP 2-6189
MEDFORD, OREGON