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

Historic Oregon Newspapers

Medford mail tribune., October 25, 1960, Image 2

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Newspaper Page TextPorter Ms Delay in Effective Date of Timber 'Set-Aside' Change L f r " 0 MEXICAN GREETING President Eisen- Mexican President Lopez Mateos, right, hower gives a big greeting to Mexican rode through the streets of Ciudad Acuna crowds that lined the streets as he and Monday. (UPI Telephoto) London Gold Market Price Fixed at $38 Per Ounce London - (UPD -.The five companies which run the Lon- ' don gold market today fixed the precious metal's price at $38 per ounce in an effort to ' cut down speculation. Monday's official price was $37.50 - 38.50 and Monday night's closing business quo tations were J37.Z5-3B.zd. , Today's price fixing gave onlv one price. There was a one - dollar spread between buyers' and sellers' prices Monday. But soon after the fixed price was announced one deal er said he had done business at $38.35 an ounce and added "there are plenty of inquiries." Pauling Weapon Calls for s Test End New York-fllPD-Dr. . Linus Pauline. Nobel Prize, winning physicist, called Monday night for continuing eiioru lor aiasi and West to reach agreements on ending weapons tests. Pauling said It would take only 300 "wen piacea, zu megaton bombs to wipe out most human life in the United : States and an equal number .'to do the same in Russia and .China." He added that reliable estimates placed the" U.S. ' stockpile at 115,000 nuclear Mttmbi and the Russian stock pile at 60,000. '- Pauling spoke at a meeting "sponsored by the Greater New ; York Committee for a Sane ; Nuclear Policy. Seattle Trucker Injured in Wreck 'l: -Albany, - (UPD - Chester G. Fay, 35, Seattle, was being treated for chest Injuries at Albany General Hospital to day after lying Injured near -his wrecked truck for about 43 minutes last night. Fay said the brakes on his 'pickup truck locked when he applied them to avoid another car about four miles north of Marrisburg and the truck roll ed over. He broke the glass : and crawled out but was shak 'en up and went the wrong direction. A number of cars stopped to investigate the wreck but tto one located Fay, who was lying near a fence, until a passerby heard him groaning. Dealers believe that specu lators gambling on the prenv ise that the United States will hike the price of gold from its fixed quotation of $35 per ounce would not be deterred by the move. They said that as long as the supply of gold falls short of demand the .current high prices could be held for some time ahead - unless a dra rnatic change in the situation forces sales. Financial experts said I change might occur If the U.S Federal Reserve Board switch ed its policy and channeled gold shipments to the market through its agent, the Bank of England. The experts did not foresee the dollar being devalued. The U.S.' Treasury, which controls most of the world's gold, sells at a fixed price of $35 per ounce, but conducts Missing Spokane Plane Found Safe Spokane (UPD The Federal Aviation Agency said today that small plane carrying Sam Francher and John Castle of Spokane had been located safe at Carson City, Nev., ' after it had been re ported missing earlier on a flight from French Glen, Ore., to the south. its business only with the world's central banks and re fuses to supply speculators. Last week, financial experts reported the United States would not seek to stabilize the London market by supplying its gold in an effort to bring down the skyrocketing price. However, the experts said they noticed a change in the attitude of Washington of ficials after the fresh spurt in prices Monday. Four Injured in Two-Car Collision Portland-flJPD-Four persons were in critical condition in hospitals here and in Oregon City today as a result of a two car crash on a railroad over pass north oT Clackamas Mon day night. In St. Vincents Hospital here was Daniel Duvaull, 29, Portland, driver of one of the cars which carried three of the four persons involved. Sharon Rose Wiley, 21, was taken to Providence Hospital The third passenger of the Duvaull car, Lila Rae Nachter- gaele, 22, and the driver of the second car, Gayleen Wil liam Rettke, 26, West Linn, were taken to Willamette Falls Hospital in Oregon City. Lumbermen Said To Be Confused On Amendments Washington -UPD- Rep. Charles O. Porter, (D-Ore.), to day asked the Small Business Administration to delay about a month the effective date of its proposed amendments to regulations on "set-aside" tim ber sales. The congressman told SBA Administrator Philip McCal lum in a letter there is "con fusion" in the minds of many lumbermen in the Pacific Northwest over the effect of the proposed amendments, published Oct. 5, and sched uled to go into effect in 30 days. Would Change Definition Under the present law cer tain timber sales on federal land may be "set aside" by the Small Business Adminis tration so that only those firms qualifying as "small business'1 concerns may bid on them. Porter said that among oth er things the new regulations would change the definition of "small business" as it ap plies to logging contractors so that a contractor could not qualify unless he were selling his logs for production into lumber to a firm which also qualifies as a small business. Previously, he said, the quali fications were that he employ fewer than 250 people and not be financed by a large concern. To Hold Conference Porter said he would hold a federal timber policies con ference at Eugene Nov. 10 and "many operators both large and small will be pres ent or represented." He said he hoped McCallum could send an expert to "explain the intent and operation of the proposed amendments." "If this could be done," Porter, said, "then I would hope that the operators could House Inquiry Launch Washington -(UPD- House in vestigators launched a politi cal potent inquiry today in an effort to find out whether government reports on U.S. prestige abroad have been withheld on White House orders. A spokesman said the House government informa tion subcommittee expected a report on the subject today from U.S. Information Agency Director George V. Allen. Studies Withheld The spokesman said the USIA had invoked "execu tive privilege" and withheld from Congress recent studies of America's standing abroad. He said the monthly polls usually are classified and not released to the public, but in the past they have been made available to Congress. Executive privilege usually is invoked on orders from the White House. U.S. prestige among for eigners has become a major campaign issue. Democratic presidential nominee John F. Kennedy contends American prestige has declined under the Eisenhower administra tion. GOP candidate Richard M. Nixon insists it never has been higher. The House investigation was launched following a Co lumbia Broadcasting System statement that a secret USIA report contains evidence that American military prestige abroad has slipped badly. The network said the Aug. 29 re port shows a majority of Investigators in Reports of Prestige have 20 or 30 days from that date to make their comments to you before your final deci sion is made." America's Allies believe Rus sia is the world's strongest military power. Kennedy and Chairman J. William Fulbright, (D-Ark.), of the Senate Foreign Rela tions Committee have asked for any recent USIA studies of America's prestige. A USIA. spokesman said Judge Accused of Illegal Action Dallas, Ore. - (UPD - The chairman of the Polk county Democrats, L. V. Bahr, charg ed Monday that Republican County Judge Cal Barnhart, who soeks reelection, three years ago aided a former county commissioner in ille gally exempting a purchased auto of taxes. Today the judge described the attack as "political char acter assassination. In 1957, Bahr said, Judge Barnhart helped former Com missioner G. V. Rempel avoid an excise tax on a car by indicating the vehicle was for county use. Judge Barnhart admitted signing a certificate which named Polk county as the owner and made the purchase exempt from $130 in federal tax. The car later was trans ferred to Rempel's name. The judge said that it had been his understanding that at the time of the purchase the car was exempt if it was to be used by the county part time. He denied there was anything illegal about the transaction. Rempel later paid the tax when a question was raised about it. MedfordWTribune Regional Edition Page 2A Stocks Regain Part Of Monday's Losses New York-(UPC-The stock market recovered part of Mon day's losses in moderately ac tive first-hour dealings today. Electronics, among the heaviest casualties in the latest selloff, rose sharply from the opening to show gains of near ly 3 in Texas Instruments, more than 4 In IBM, and a point or more in Zenith, Lit ton and General Time, Steels ignored M o n d a y's forecast of lower output this week to show gains of 1 or more in Jones & Laughlin, Youngstown and U.S. Steel Bethlehem and Republic lost small fractions, J OUR DOWNTOWN CHAPEL IS :;; conveniently located 111 a West Main I and Sixth I Qonger-Morris Iff - FUNERAL If r DIRECTORS lPcnibr National Stlnctcd Morticians by InvltatiofU DOW-JONES AVERAGES Ntw York - (UPD - Dow Jonet final ilock averages: 30 induilriali 571.93, off 5.62; 20 railroads 123.85, off 0.86; 15 utilities 91.57, off 1.35; 65 Hocks 191.26, off 1.99. Sales Monday wort about 4.42 million shares compar ed with 3.09 million shares Friday. Monday! prlcet on selected torks: Allied Chemical 48V Alum Co. Am 62 American Can 33 American Motora 19 'i AT&T 90 Anaconda Copper ........ 42 1i Armco Steel 5fla4 Bendlx Corp .. 36 'i Bethlehem Steel 40i Boeing Air 29", Caterpillar Corp 25 i Chrysler Corp - 404 Continental Can . 33TB Crown Zellcrbach 4PB Curtiis Wright .... -.. 16i Dow Chemical t Du Pont .. 182 Eastman Kodak Ftreatone 33'. General Klectrlc ..... 72 General Fooda 63i General Motors 42 Georgia Pacific 46li Graham Paine .. !' Greyhound ... 20B Gu Oi 27'a Honiestnke Mining 48 icinno rower .. ... mi I. B. M 503 i i Int. Paper 89 Job. in Manvllle 30 Kennecoll Copper ... 72 1 Lockheed Aircraft 22i Montana power ztHB Montaomory Ward 26 Nat l Biscuit - 65 i New York Central Pac Gas St Elec 88 ' Penney, J, C 40 Penn RR - - 10 Radio Corporation 47, Richfield Oil . 81 i Safeway .. 33 Sean - 31' Shell Oil 38 Socony Mobil Oil 38 a Southern Co 44", Southern Pacific 44', Standard California . 42 4 Standard Indiana 38 Standard N. J. 39 'j Sun Mines ... 7 Texas Co 77 Texas Gulf Sulfur 18 Texas Par Land Trust 15. Trnnsamerica - 23 Trans World Air .... .. 11 Trl-Continental 33 Union Carbide ....,109 Union Pacific 2S'fc United Aircraft . 38B United Air Lines 31 'i U. S. Rubber 42i 'j COEDS WELCOME WILLIAMS What appears to be an attempt by two pretty Portland State college coeds to persuade Michigan Gov. G. Mennen Williams to vote for Sen. John F. Kennedy is really only a welcoming committee on hand to greet the governor during his campaign stop in Port land Monday on behalf of the Democratic ticket. Rep. Edith Green, right, appears pleased as Cora Richardson, left, and Su zanne Moore, pinning the button on Wil liams, assist with the welcome. (UPI Telephoto) Williams Sees Close Race in Oregon; Porter-Durno Debate Slated Thursday By United Pren International Gov. G. Mennen Williams of Michigan says the presi dential race is "closer in Ore gon than in some other places."' Williams, who visited Ash land, Medford and Portland Monday, predicted that Sen. John F. Kennedy, the Demo cratic nominee, would win California, New York and most industrial states but' said he was "not an expert" on the situation in Oregon. Williams, who left for Den ver today, campaigned in Portland for Rep. Edith Green, (D-Ore.), seeking an other term in Congress. The Michigan governor was asked whether Kennedy would accept Vice President Richard Nixon's terms for an other television debate and said "It looks as though Nixon is trying to make it impossible for the broadcasting com panies to agree to another de bate." , Democrats were preparing to welcome two-time presi dential nominee Adlai Ste venson, who speaks at a rally Sunday night in the Civic Auditorium in Portland. A half hour live television debate to be carried on Eu gene. Roseburg and Coos Bay stations and rebroadcast in Medford is scheduled Thurs day between Rep. Charles O. Porter, (D-Ore.) and his-op- ponent, GOP State Sen. Ed win Durno of Medford. The debate will include 10 .min ute presentations and five minute rebuttals. Howell Appling Jr., Repub lican secretary of state, and his opponent, Monroe' Sweet land, who have traded sharp words during the campaign, agreed upon something Mon day. They took part in dedi cation of the new Oregon Col lege of Education student union building and declared their support for ballot mea sure 6, which would authorize an increase in the limit on bonding for self-liquidating projects of the higher educa tion system. there have been no recent studies. Kennedy and Ful bright charged there are such reports which are being sup pressed for "political rea sons." Plans Full Inquiry A House government in formation subcommittee spokesman said Monday night Chairman John E. Moss, ID- Calif.), had ordered a "full speed head" investigation to determine on what grounds "executive privilege" was be ing invoked to withhold pres tige reports from Congress. Moss, a bitter foe of gov ernment secrecy, has charged in the past that the adminis tration has invoked execu tive privilege to withhold in formation that put it in a bad light." The congressman accused the Office of Civil and De fense Mobilization Monday of trying to suppress a still secret Army report criticiz ing the nation's air raid alert system. In a letter to Army Secre tary Wilber M. Brucker, Moss said he had been informed that OCDM Director Leo A. Hoegh wrote the Army's re search chief "requesting him Hit-Run Driver Injures Boy, 5 Portland fUPD - Robert Headen, 5, was struck by a hit-run driver Monday while walking to school alone for the first time, police reported. The boy suffered a broken arm. His mother said she had walked Robert to kinder garten about eight blocks from his home each day until Mon day. Police said the boy was in an unmarked crosswalk when hit. A taxi driver told police he saw the boy look both ways at the intersection and then start to cross. CsMSlj Pharmacy Phacts From GENE WESTLAND Here's an interesting one. The 16th revision of the United States Pharmacopeia includes standards tor yua drugs, 225 of which did not appear in the last revision of 1 955! The new re vision also includes 8 1 drugs so new that, while they have been ap proved, s t andards for them could not : ..3 be developed in . time for their pub lication. Back in 1955 there were 838 drugs listed, and 159 of those are not to be found in the new 1 6th revision. The newest Pharmacopeia lists the greatest number of admissions and deletions ever shown by this authoritative publication, showing the tremendous activity taking place in drug therapy over the last few years. Here at McLain's Drug Centre, we always recommend that you see your doctor first, then come to 8 North Central, Medford, to have his prescription filled by our friendly, and reliable pharmacist. adv. and urging him to withhold said both the Conelrad radio publication of the report." system and the nationwide The study, prepared by the network of air raid sirens Operations Research Office of were badly out of date in the Johns Hopkins University, ballistic missile age. smmm stun moth W IWTIL ""'Sin r jjsstTi ass Maun " meat OF COURSE z Don't authorize the state to build ugly information boards with YOUR tax dollars The proposed billboard measure Is a BAD bill that would authorize the state to build expensive off highway information boards each containing 24 advertisements; They would be far off the-highway on sideroads. Inconvenient , , . unattractive . , and at night a dangerous place for violence and rob bery. Vote NO on No. 15. Don't cripple hundreds of roadside businesses and destroy jobs Hundreds of roadside and off-highway businesses such as motels, restaurants, service stations, re sorts, etc., rely on good billboards to tell people where they are and what they offer. This measure would take away many of their most important signs. Would cripple their business and 'cause un ' employment. Vote NO on No. 15, Don't be misled by the bad and deceitful billboard measure i COUNCIL ON HIGHWAY REGULATION aEM-Mi asraa r p"lind-Q,u WANTED! WANTED! Potential tirningi of up H $800.00 ptr month. Penon to deliver confections to retail outlet car necessary work from own home aqe or experience no factor Part time OK. Absolutely NO SELLING. Accounts furnished by Company. Approximately $1200 cash investment nec essary, j WRITE BOX 6839-D, MAIL TRIBUNE lil -'j. j . . il s , vi; 7 '(CiK.".- When Hia Ha t E! f 1 V W' A- 1311 lllfA IhA Lama II r-'V. J p conversation. Yjd I I l Whe,her SAlES' fj ' J 1 1 Lu yy smEs' furniture LUswAft par, sHp i I I nn i i r or family wm8n flwlvl "-enient. Ju.t 4 H pH flnd PARK S"p drive in to a J ' ' UU LJ I P'Y important 3 PARK SHOP lot j I 1 rS lcl 17 I ' part ,hoir shP- i .hen shop wh.r. you llWlkfell P'"9 P,a"S- "I; 11 Vl find ,H. PARK J L JllUfflCjf lV j ; j' hour", parking ' I j FREE with every J Qj UU L ff) I j lCfO U. 8 Steel ... .... . . 7H, Youngstown It T 16 i i . 3f . o .