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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Sept. 29, 1960)
MEDFORD MAIL TRIBUNE. MEDFORD, ORE. THURH5AY, SEPTEMBER 29. 1860 A. V Significant Upturn in Steel Oiftpirt Said Needed To Get Nation's Economy Out of Present Rolling Readjustment New York - IUPD - It will take a significant upturn in (teel operations to rock the nation's economy out of its prestnt rolling readjustment. And the way It looks now sieel production will not pick up substantially at least until November and maybe not un til next year. Iron Age magazine says the recession in steelmaklng no longer can be classed as an Inventory correction period. Cut-backs In inventories have been the most significant fac tor, but actual consumption of steel has not snapped back. It points out that other than automotive, the traditional big steel users are not buying steel in any great quantity. This group includes appliance makers, who have Inventory problems of their own, and railroads, which, with poor profit showings, are not re' placing and repairing rolling stock more than the absolute minimum. There also are no artificial factors to stimulate buying, such as the probability of a price increase or a steel strike threat. Inroads of other ma terials, long talked about in melalworklng, are showing significant results. of ' " But there will be some slight ptck-up in steel pro duction, if only through auto industry buying, and this might give the ecjnomy the appearance of moving out of the status quo it has maintain ed most of the year, There will be no boom in the fourth quarter, however, because there are far loo many adverse factors to coa tend with. LUCKY TO BE ALIVE Eddie Bobo, 2, is lucky to be live after a bout with an automobile a few days ago in front of his home. The youngster was knocked down and dragged for halt a block underneath the car. He suffered two broken legs, lost five teeth and had many cuts and abrasions on his body. But now he is getting along fine even if both legs are In traction in a Houston, Tex., hospital. He li the son of Mr. and Mrs. Douglas Bobo. (UPI Tclephoto) New Faculty Members At SOC Are Announced Ashland - New faculty members on the Southern Or egon college campus have been announced by the presi dent, Dr. Elmo N. Stevenson. To make their homes In Ashland for the next aca demic year are: Vern W. Backcns, an In structor of mathematics, who received his bachelor's degree in secondary education at Spear Fish, S. D in 1037, and gained masters at the University of Wyoming In 1860. Previous to Backcn's arrival in Ashland, he taught high school In South Dakota, and served as a part time In structor at the University of Wyoming. Mrs. Audrey Bartlctt is an Instructor of violin and string ed ensemble who earned her bachelor's In music at the New England conservatory of music at Boston. The Uni versity of Oregon awarded her masters degree in mu sic and she has studied un der the director of the East man School of Music. Robert Bennett Is serving as the assistant professor of physical education, wrestling coach, and assistant football coach. He attended August ana college in Illinois where he received his bachelor's In physical education and Inter went to the University of Col- Wall Street Chatter New York-nlPn-Marlln Gil bert of Van Al.itync, Noel It Co. feels that if the market is given a bit of heartening news, it would stimulate buy. lng. The analyst points to the Tuesday performance of American Can Co. which bounded upward to what was considered a good news llcm the maintenance cf its divl- dent rate. Stocks showing strong conn tertrend action pointing to higher levels, according to Hayden, Stone St Co., are: Korvette, New York Air Brake, Spiegel, Warner Pie turcs, Dccca Records, Garrett, Peabody Coal, Lorillard, Rich' field Oil, Ronson and Pacific Lighting. Thompson St McKlnnon has list of "buy-worthy" stocks for long' term Investment ol which the highest yielding are: Allied Mills (B.7), Cities Service (9.6), Columbia Gas (5.0), Liggett St Myers (8.0), Northern Pacific (8,8), Pull' man (8.3-), Southern Natural Gas (5.3),' Southern Railway (7.0), Jersey Standard (5.8) orado to be awarded his mas ter's degree In PE. Chairman c." Division Dr. Anthony DeSoto atterid- cd the Unlversidiid Naclonnl Mayor de San Marcos in Lima, Peru, and gained his bachelor's degree in humani ties there. Later he attended the Unlversidad de Buenos Aires in Argentina for his PhD In pedagogy in the spe cialty of philosophy and so cial science. Dr. DeSoto is chairman of the romance lan guage department at SOC. Miss Marian Forsythc, an assistant professor of physi cal education attended Bim ijdi State college in Minne sota to gain her bachelor's degree and received her mas ter's degree at Southern Ore gon college this summer. . Miss Sally A. Horncckcr will reside In the women's dormitory this year where she will act as director and also serve as assistant dean of women. She earned her bachelor's degree In home economics at Oregon State college, and her master's degree in guidance and student personnel admin istration at Cornell universi ty, where she also acted as student dean and counselor. Dr. Irving Lord is an in structor of English, His bach elor's degroe was awarded him from the. University of California as was his. mas ter's degree. He Is presently a PhD cnndldate at the Uni versity of Pennsylvania. Mrs. Eva Lorenzcn will be director of the kindergarten at the college. Her academic background includes bachel or's and mnster's degrees from Chadron State. Fulbrighf Raps Nixon's Bid To Shelve Criticism Washington - (UPI) - Chair man J. William Fulbright of the Senate Foreign Relations committee says Vice Presi dent Richard M. Nixon's pro posal to shelve for the time being campaign criticism of the President was "utterly in consistent with the democrat ic system." Fulbright's comment fol lowed appeals from the Re publican presidential candi date asking for a moratorium on criticism of the admin istration's foreign policy while Soviet Premier Nlkita S. Khrushchev was in the United States. The appeal of Mr. Nix on to the country and the candidates," Fulbright said. that during this period we should not examine and if warranted criticize policies of this government seems to me utterly inconsistent with the democratic system." Experience In Failure The Arkansas Democrat also labeled . Nixon's two terms as vice president largely an experience in fail ure." Besides his specific criti cism of the vice president, Fulbright also leveled a num ber of general charges against the administration. . He said the various "mis takes" in the handling of foreign affairs during the El senhower regime were large ly attributable to "a lack of maturity and Judgment and affirmative control at the top." Fulbright said he thought President Eisenhower was "a fine man." "But how can anyone in his right mind expect a man who has spent forty years in military affairs to become a great political .leader. This just Isn't in the cards," he said. He said Eisenhower should not be criticized "with ref erence to errors .or mistakes of foreign policy. Should Criticise Voters "If anybody is to be criti cized In this," he said, "it would be the voters of the United States who with all the evidence before them, chose a mnn who had abso lutely no previous political experience." In other areas, Fulbright said he though the United States had given the appear ance "of being petulant and sort of adolescent" in its de cision to confine Khrushchev to Manhattan. "Because we may think he has very bad manners Is no reason why we should have bad manners, or to give like for like," he said. He said the Cuba problem could not be pinned to any specific state department mis take but rather an unwilling ness "to strive to understand the course of events and to do something about it." He said the administration had watched the Cuban situa tion gradually deteriorate and then propose, at the last min ute an emergency $500 mil lion foreign aid program for South America. ik&vte ttt Terry Moore i Pitt e.!U "I WATCHED MY BABY BEING BORN" A I'll iru dreaded giving birth and Him through natural childbirth, a time of (ear became a lime of spiritual elation. KtiU ifOH M.dford Mill Tribune Business psychology has been influenced by the less favorable earnings as com pared to record 1B5B; the un willingness of most business es to carry normal inventor ies: the sabre rattling by the Communists; the forthcoming election; and the downward revision In planned outlays for new plant and equipment. The generally decreasing profits, unused capacity, and in many cases, a shrinking backlog of orders certainly do not encourage further invest ment by businessmen. Llille To Change Trend The Federal Reserve Board's recent easier money policy has done very little to change the business trend, and some economists now look for even further easiness. Not all the economists are pessimistic about the outlook, however. Dr. Marcus Nadler, economist and professor of finance at New York univer sity, said that barring unfore seen events overall business conditions will display greater improvement all along the line in the fourth quarter. Nadler agreed that there will be no boom, but he said it will be a well-defined up swing in all business areas - regardless of what man suc ceeds to the presidency. Looking ever further ahead, Dr. John W. Harriman, econo mist for the Broad street group of mutual funds, sees a long period of growth. Harriman said more will be known about the monetary as pects when the election is over, and more known about the character and timing of the next cyclical upturn as the year 1961 unfolds. He said there are under lying forces of long - term growth of which Increase in population and scientific and technological develop m e n t are most powerful. Cold War Demands There also are the demands of the cold war, demands for unchallcngable deterrent pow er in the military sphere and for expanding strength in the economic sphere, and both po litical parties have endorsed Increasing spending for de fense and expanded public services. Although there undoubted ly will be differences In the approaches of the respective new administrations to eco nomic problems, H a r r 1 man noted, "It seems certain that the candidate selected will be aware of the changed eco nomic environment which has been brought about by the end of post-war inflationary in fluences." He added that both are prepared to take aggres sive steps to solve our problems. Any problem lo increase the rate of America's econom ic growth, Harriman said, should raise corporate earn ings. This, In turn, should lead to a favorable perform ance for common stocks in terms of the well-known in dustrial averages and to out standing results for those enuitles selected for their growth quality, he added. 'J LW kf ' J Mt;.jr ..... "C RIBBON WINNER "Cymri Tonette," a blue point Siam ese, hisses at the also-ran felines after winning the blue rib bon at a Philadelphia, Pa., cat show. Exhibiting the cat for its owner is Kristin Leopold, 10, of Malvern, Pa. (UPI Telephoto) Hampton Beach, N.H.-IUPD-Just about everyone knew each other's last name during a recent convention at Hamp ton Beach. It was the annual reunion-dinner of the Nation al Association of Leavitt Families. Descendants of John Leavitt, who settled in Hing ham, Mass., and Thomas Lea vitt, who settled in Exeter and Hampton, were invited. GuietawA Association T Hold Convention CorvalJis -Oregon's Person nel and Guidance association will hold its fall convention tict. 8 at Oregon State college with "Counseling: Concept and Challenge" as the theme. About 400 high school coun selors from across the state plan to attend. The president of the Am erican Personnel and Guid ance association, Dr. Daniel D. Fedar, will be keynote speak er. Dr. Feder, who is profes sor of psychology at Univer sity of Denver, will discuss "Interpretation and Use of Tests in the Counseling and Guidance Program" and re sponsibilities and opportuni ties of the, counselor. Seven special sectional meetings are planned. Topics will include achievement test ing, scholastic aptitude test ing, self-reporting, and projec tive techniques. Leaders Lilted Leaders of the seven ses sions will include Dr. David S. Brody, Oregon College of Education; Dr. William R. Crooks, OSC; Dr. James W. Sherburne and Dr. Harold W. Bernard, general extension di vision, state system of higher education; Dr. John S. Hel mick, educational testing serv ice, Los Angeles; Dr. Bernard Murstcin, Interfaith Counsel ing center, Portland; and Dr. Leona E. Tyler, University of Oregon. New association officers will be installed. Dr. Muno, dean of boys at Milwau- kie High school, is 1960-61 president.' Retiring president is the Rev. Lawrence Saal field, Central Catholic high, Portland. ; , . Other new officers are Da vid Mortimore, vice principal, Roosevelt Junior high, Eu g e n e, president elect; Mrs. Mayme LaVoy, dean of girls, Stayton High, treasurer; and Oscar Christensen, state de partment of education, Salem, secretary. Meetings will be held in the home economics auditorium. Registration will start at 8:30 and meetings at 9:15 a.m. Man Owes Life to Contents of Pocket Memphis, Tenn. - J. D. Mc Bride, 56, probably owes his life to a screwdriver, n pair of glasses and a ballpoint pen he was carrying in his shirt pocket. A .22 caliber slug fired ac cidentally from a distance of six feet struck the articles and fell harmlessly in Mc Bride's pocket. The bullet passed through the glasses, case and the pen, then flat tened Itself against the screw driver. U.N.'s WELL LIGHTED United Nations, N.Y. - IUPD -In U.N. headquarters thetp are 44,907 one-unit lamps, ranging from fluorescent to round -bulb incandescent types. COOKIES? You've Tried the Rest Now Try the Best! 4v ... 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