Medford mail tribune. (Medford, Or.) 1909-1989, September 25, 1960, Image 2

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SUNDAT, SEPTEMBER 25, 1980
MEDFORD MAIL TRIBUNE, MEDFORD, ORE.
TOMB DECORATED Crown Prince Har- forces full honor wreath ceremony. Maj.
aid of Norway placed a wreath at the Tomb Gen. George O. N. Loden, at attention
of the Unknown Soldier Saturday at the (right), was host for the occasion.
Arlington National cemetery, Arlington, Va.
The decoration was carried out as an armed (UPI Tclephoto)
Market Loses $7.6 Billion;
Damage Done in One Session
New York - I1IPI) - The stock
market lost $7.6 billion in
market values last week and
the damage was done in one
session - Monday.
Traders, beset all this month
with declining stock prices,
grew more nervous last week
end over the continued cloudy
outlook for business and the
arrival of Khrushchev and Co.
This brought much caution
Into Monday's opening and
prices dipped from the start.
When they fell through the
I960 resistance point, which
had held three previous times
this year, a selling wave was
touched off and prices at the
close were down as much as
21 points.
The Dow Jones Industrial
Average was down 15.42
points on th day, the sharpest
break since it fell 31.89 points
nearly five years ago follow
Oregon Guard Praised
At State Conference
Col. Waldo E. Tlmm, Port-
land and a member of the
A 1 r National Guard, was
elected president of the Ore
gon National Guard associa
tion at an association confer
ence in Medford last night.
Some 300 officers attended
the conference and heard
Maj. Gen. Chester E. Mc
Carty, commander of the
Third Air Force Reserve re
gion, Robins Air Force Base,
Georgia, say that "we must
fight tomorrow's wars with
the personnel and equipment
and state of training of to
day.
General McCarly praised
the Oregon National Guard
for emphasis on training of
the individual soldier, train
ed manpower, and the deter
rent effect of coordination
among Army, Air and Naval
forces. He also stressed the
Importance of reserve forces.
Other officers elected to as
sociation offices besides Col
onel Timm were Col. Paul L.
Kltever, Salem and Army
National Guard first vice
president; and Lt. Col. Robert
D. Hlchards, Portland and Air
National Guard, second vice
President.
Elected to the board of
trustees were Col. William B.
Foster, McMlnnvllle, Lt. Col.
John G. Nelson, Portland,
and Lt. Col. Harold W. Helscr,
Salem.
The conference also heard
an address by Spraguc H
Carter, state director, selec
tive service system of Oregon
Carter told the Guardsmen
that some 6,000 registrants arc
currently classified as scrv
lng their military obligation
throuih the Oregon National
Guard. Carter said 1,000 18-
year-olds are being registered
each month.
Maj. Gen. Gllman C. Mud
Belt, deputy commanding gen
eral of the Sixth Army, San
Francisco, discussed thu tech
nlcal revolutions which have
produced an offering of an
tastlc weapons of war, yet
emphasized the importance of
the foot soldier and his roie
In safeguarding the peace.
The annual convention abio
heard remarks by Col. Dono
van F. Smith, director 25th
NORAD operations and train
lng, and Col. Donald Wash
ington, senior Army advisor,
Oregon National Guard. Col
onel Washington told tne
firouo that summer field
training of the Oregon units
it Camp Rilca, Warrcnton
' and Ft, Lewis, Wash., was
outstanding. He said the state
can be proud of the accom
plishments of the Oregon Na
tional Guard.
Warne Nunn, executive as
sistant to Gov. Mark O. Hat
field, spoke on behalf of the
overnor at the coniorcnce
He encouraged the Guardsmen
to keep abreast of current sit
uations, and extended Gov
ernor Hatfield'a feeling of
1 n g President Eisenhower
heart attack.
A slight technical recovery
was made in the next two ses
sions. But with no new mar
ket stimulants coming inio.
the picture prices backed
down again on Thursday and
Friday.
Taking the economic and
International outlook into
market context, market analy
sts say there is not much to
brighten prospects for an
early development of a major
uptrend or a sustained buying
Interest. A worsening of the
situation is feasible, they add,
should investors become more
disappointed with the state of
affairs.
One expert also believes
that the 600 level In the Dow
Jones industrial average,
which halted selling drives In
March, May and July before
pride at accomplishments of
the ONG units which parti
cipated in a disaster role at
Roseburg, Immediately after
the explosion of last year, and
in fighting forest fires recent
ly in eastern Oregon.
Oregon's adjutant general
and commanding general,
41st Infantry division, Maj.
Gen. Alfred E. Hlntz, told the
gathering that new training
and shop facilities are being
constructed for Oregon's Na
tional Guard units In many
areas throughout the stale. In
addition to the new armory
recently dedicated at Oswego,
construction is now under
way on the new auditorium-
armory in Salem and shop fa
cilities will be completed
within the next year in many
areas throughout the state In
cluding Medford and Klamath
Falls.
General Ilinlz described the
Oregon National Guard as
representing a $53 million in
dustry in the state. He also
emphasized Intensive training
on the unit level and called
for Increased enlistments, to
achieve the necessary strength
to function at even greater
efficiency.
The Guardsmen attending
the conference, many of whom
were accompanied by their
wives, rounded out the con
ferencc Saturday evening
with a dinner dance
All events were held in the
National Guard Armory at
Medford.
Ted Kennedy
To Visit Oregon
Portlnnd-IUNI-Ted Kennedy,
youngest brother of Sen. John
Kennedy, (D-Mass), Demo
cratic president lal candidate,
will arrive in Portland Sun
day to begin a two-day cam
paign for his brother,
The younger Kennedy, wes
tern director of his brother's
campaign, will start the day's
activities at a reception open
ing the Kennedy - Johnson
headquarters in Oregon City.
At 4 p.m., Ted will attend
the opening ceremonies of the
Salem campaign headquarters
and return to Portland to
speak at 8 p.m. at the Slate
Kennedy-Johnson headquart
ers. He will visit Roseburg Mon
day with a luncheon mecllng,
then go to Medford for the
opening of that city s cam-j
palgn center and a dinner at
5 p.m.
He is scheduled for a meet
ing in Klamath Falls at 8:30
p.m.
Demand for trained engine
ers will go up steadily, lt is
predicted. By 1966 15 gradu
ates will bo recruited for ev
ery 10 hired last year.
A'
giving in last Monday, now
may be a formidable obstacle
to any rally which gels under
way in the future.
Very little happened In the
business world this week to
bolster Investor scnti m e n t,
and the economists are be
coming more bearish every
day as to business prospects
for the fourth quarter.
Potential stimuli to busi
ness activity - Including in
ventory rebuilding, Increased
capital outlays, and large de
fense spending - have not. de
veloped to any strong degree.
Sales last week picked up
sharply from the previous
week's three month low,
amounting to 14,030,330
shares, or a daily average of
2,986,068 shares. The week
before they totaled 12,071,740
shares, or 2,414,348 shares per
day.
AMC Most Active
American Motors was the
most active issue with sales
of 212,000 shares. It closed at
21 off Vi. Standard Oil, (New
Jersey), Sludebaker-Packard,
when - Issued, Bcnguct and
Telautograph rounded out, to
top five. '
At the close Friday the Dow
Jones Industrial Average was
off 16.98 points on the week
at 585.20, the lowest since
Feb. 12, 105S; 20 rails off 3.17
to 129.25, the lowest since
Aug. 18, 1958; 15 utilities off
1.35 to 93.62; and 65 stocks
off 4.86 to 196.42, the lowest
since Dee. 16, 1959.
It was the fourth consecu
tive weekly decline but
brokers said there was little
In the pattern of trading sug
gestive of a typical selling
climax. Some analysis expect
a period of irregularly lower
prices over the near term
until a base can be formed
somewhere In the range of
550 to 580 in the Dow Jones
Average.
No section was spared in
the decline, and electronics
continued to take the heaviest
beating. IBM fell 11 '..points
on top of an 18-polnt loss the
preceding week. Texas In
struments and Minneapolis
Honeywell dropped 8 each,
Motorola 7'i and Zenith 4.
General Dynamics halved
its dividend and the stock fell
4"s. Coca-ola and Minute
Maid announced merger plans
and bolh stocks finished frac
tionally higher on the week.
Maurine Asks
New Medical Bill
tugene-lura-Mrs. Maurine
Ncuberger said Saturday new
legislation to place medical
aid for eldorly citizens under
Social Security should be "the
first order of business" when
Congress reconvene In Jan
uary.
In remarks prepared for de
livery at a dinner meeting of
Eugene Business and Profes
sional women, the Democratic
senatorial candidate said the
need for action was urgent be
cause of the "confusion and
inadequacy' of the medicare
bill recently signed Inlo law.
She cited a statement by
New York's Republican gov
ernor, Nelson Rockefeller,
that he did not regard the
present law as any "real so
lution" to the problem of pro
viding medical care for the
aged.
V. I i
mm fcii ,
Nikita's Week End Hideaway
Has 'Capitalist' Luxuries
By ALINE MOSBY
United Press International
Glenn Cove. N. Y. - UPD -
Khrushchev's weekend hide
away is an unprolctarian
mansion featuring such cap
italist luxuries as two pools
and a croquet court.
UMC Film Proves
Popular; Requests
For Use Are Many
The United Medford Cru
sade film which was recently
completed by UMC volunteers
has proven popular, according
to Publicity Chairman Richard
Courtright. Requests for show
ings have come from as far
away as Roseburg. One local
business man said that it
would make a good chamber
of commerce film, Courtright
said.
Most of the scenes are of
the Medford area. Those show
ing child care agencies in
Portland were taken earlier
this year when a group of lo
cal citizens toured the agen
cies. All photography was
done by Richard Simonson.
Richard Carter and James
Lattie edited the film using
the facilities of KBES-TV. The
script was written by Court-
right, Genevieve Gardner and
Bill Abbott.
Narrates Film
ABC Newscaster Frank
Hemingway of Los Angeles
volunteered to do the narra
tion. He visited Medford Sept.
10 and recorded the narration
at KMED at that time.
Ellis Finstcin added the mu
sical background to the re
corded narration and synchro
nized the recording to the
film.
"After viewing the film, a
person can't help but realize
the importance of the 28 UMC
agencies to our community,"
Courtright said.
A date for showing the
UMC movie may be made by
telephoning Ken Brown at
SPring 2-6025. The film is 15
minutes long.
The first report luncheon
of the 1060 United Medford
Crusade campaign will b e
held Monday noon at the Red
Cross building on Hawthorne
st. The luncheon 'is being fur
nished by the Medford Ro
tary club and is open to all
campaign volunteers, accord
ing to UMC Arrangements
Chairman Murray Gardiner.
Dr. Justin Dyrud has prepar
ed special entertainment.
Lumumba's Aide
Placed in Jail
Leopoldville, The Congo-IUPD
Deposed Premier Patrice Lu
mumba s former right-hand
man has been arrested on
charges plotting the attempted
assassination of Congolese
strongman Col. Joseph Mobu
tu, army sources said today.
Former Vice Premier An
toinc Gizcnga, 41. a pro
Communist, was jailed along
with Maurice Mpolo, former
minister for youth and sports
in the Lumumba government,
the sources said.
Gizenga's nationalist oppo
nents claimed he was behind
efforls to establish strong
Communist lies in the Congo.
BURIED TOGETHER
Burnet, Tex. - IHPII - Mr.
and Mrs. Jim Guthrie, whom
neighbors said were more in
love than when they were
married 50 years ago, were
buried side by side Friday.
Guthrie, 79, a retired drug
gist, died Thursday. His wife,
81, wasn't told. But a few
hours later she joined her
husband in death,
LIVING COSTS STABILIZE
Washington - WPP - Price
cuts on food, home appliances
and new cars held the cost of
living steady in August, halt
ing a six-month climb. The
price index remained at 126.6
per cent of 1947-49 costs.
Station K-BOY
Sundays 9:45 A.M.
V CHRISTIAN j
I SCIENCE J
HEALS
Herb Hunter
FOR
COUNTY ASSESSOR
Footprints In the lands of time
were not mod by titling down.
Pld Political AH bv Hunter for County
Assessor Comm. 409 Lynnwood Avt.
The Russians bought the
three-story, English Tudor
style home in keeping with
the Moscow custom of hav
ing a "dacha," or country
place.
No Moscow dacha looks
like it. The Communist chief
will rest in an area filled
with so many millionaires
that, as one resident tells me,
they seldom use the numer
ous country clubs around.
They have their own ten
nis courts and private
beaches on their estates on
Long Island Sound.
Neighbors Remember
Guards keep out all but
Soviet U.N. personnel from
their "dacha." But folks on
neighboring estates remem
ber the place, particularly
hospital president Sherman
Pratt, whose father built it
in 1912 of gray stone hauled
in on barges.
After the iron front gate
you drive nearly a mile
along a landscaped drive be
fore you even get to the coun
try manor.
On the ground floor are
the kitchen and servants
quarters, larger than most So
viet delegates' apartments in
Moscow. Up the stairs, re
called Pratt, are the living
room, dining room, breakfast
room and two libraries.
On the third floor are 12
master bedroom suites. The
rooms have panelled walls
and murals.
Covers 30 Acres
Outside, the 30-acre estate
is resplendent with a swim
U II I VI II IK I
ming pool, croquet court,
glassed-in sun porch, tea
house and outdoor tennis
court. Statuary graces the for
mal garden. One part is sunk
en, steps leading to a fish
pool. Outside the area the So
viets bought is an indoor ten
nis court, now the Glen Cove
YMCA.
The movie, "Disraeli," was
filmed on the grounds in
the '30's.
"Personally, I'd never have
thought of the house for my
self, it's much too big," said
Pratt. "Not many homes like
this left. The upkeep is too
high and to build it today
might cost $1,500,000."
Sold in 1938
Pratt said his stepmother
sold the mansion in 1938 to
a manufacturing company.
The indoor tennis court be
came a factory, the house an
office building. The Russians
bought the gray stone "white
elephant" shortly after the
war and put up a fence
around the 30 acres.
Khrushchev will sleep in
a house whose builders are
related to none other than
Secretary of State Christian
Herter. One of Pratt's uncles,
Fred, is Herter's father-in-law.
The townfolk here have
varying views about the
house. One wealthy matron
said it was "just like a cas
tle, magnificent." But a local
journalist sniffed, "just junk
that rich Americans built
when they didn't know any
better."
7 4; , dsJ
1! SfSscLm
Quotes From the News
By United Press International .
New York Mrs. Eve Stillman of New York City, in a
sidewalk interview, stating why the United Nations head
quarters should not be moved from the United States:
"It belongs in America. We're the greatest nation in the
world."
Glen Cove, N.Y. Robert Murray, editor of the weekly
Glen Cove Record and Pilot on why local residents should
ignore Soviet Premier Nikita Khrushchev:
"Glen Covers hardly blink an eye when former baseball
star Roy Campanella (a resident-driver through town, so why
should there be any exceptional notice of Khrushchev. After
all, he never baited over .300 in hit whole lifetime."
New York Soviet Premier Nikita Khrushchev replying
to a query as to whether he felt like a bride left waiting at
the altar, after Cuban Premier Fidel Castro kept him waiting
a half hour for a dinner engagement:
"I was never in the condition of a bride."
Tokyo-Seiichiro Kudo, principal of a Tokyo primary
school, after smashing a chair over the head of his deputy
principal during a drinking party:
"I guest I have teen tod many American films.'
LAWYER OFFERS $1,000
Knoxville, Tenn. - fliPD -Knoxville
lawyer Thomas G.
McConnell offered $1,000 Fri
day to help Russian Premier
AMANA FREEZER SALE -AT COST!
Stocks Limited One Each
16 CU. FT. UPRIGHT SOjt095
Regular $499.95 SALE iJO
20 CU. FT. UPRIGHT S10095
Regular $599.95 SALE HtW
BAUDER HARDWARE, Ashland
Phone Mil 9-1234
Jorgensen's palate-pleasing FIESTA
ICE CREAM comes in YOUR favor
ite flavor, fortified with that added
nutrient NUTRIMIX to make
it bettor and more nutritious than
over! For after-school snacks, for
desserts and parties, there's nothing
quite to downright GOOD as this
extra-smooth and flavorful FIESTA
ICE CREAM!
Always Ask for
Jorgensen's"
Nikita Khrushchev speed his
proposal to move the United
Nations headq-iarters out of
the United States.
fall tii
IS-
FUN TIM
That Calls For-
Clf&IEAM
occasions!
MUSIC DIRECTOR DIES
New York - tUPB - Dr. Hugh
Porter, 63, director of tha
School of Sacred Music at
Union Theological Seminary,
died Thursday.
Mi
MATSON
CRUISES
Dec. 21 -2-week Christmas
New Year's Hawaii cruise
Dec. 22 -12-day Christmas
New Year's Acapulco cruise
A- Nov. 16 -42-day Thanksgiving
Christmas South Seas cruise
Dee. 11-45-day Christmas
New Year's South Seas cruise
See us today for reservations and
full information.
George Lewis
ROGUE TRAVEL
SERVICE
Wt Reserve and Sell Airline
and Steamship Ticket
PHONE SP 2-6779
111 E. 8th
i
Of SGaWmrl
What a WONDERFUL season
of the year! Warm Indian
Summer days . . . fall parties
on the patio . . . bulb planting
. . . the smbll of burning leaves
the World Series and Football.
Fall is truly FUN TIME and
that's a reminder that you
should keep YOUR refrigera
tor packed full of those bright,
handy-size cartons of luscious
, FIESTA ICE CREAM for ALL
Don't
Forget!
GIVE THE
UNITED WAY
i
Everybody Give
Everybody Bentfitt