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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 5, 1960)
Medford Tribune SECTION B MEDFORD, OREGON, MONDAY, DECEMBER 5. 1960 Pages 1 - 8 UFO """WW"! I" 1 TI'IIIHI IIMIIIIWIW II II gfmH- iK : . 'f iff. - -w f I tkJleikW LITTLE BOY S MISTAKE Guy Booth, 3, held aloft was part of a 100,000 pound ship didn t know what he was letting himself in ment of West Texas mistletoe which was for when he waved mistletoe over the head being loaded at Dallas for shipment all over oL Victoria Duston, 2, promptly planted a the United States for Christmas, smacker on him. The sprig Guy mistakenly (UPI Telephoto) OF SMITH & MEN By Jack Smith (c) 1960 Tlmes-Mlrror Syndicate An effervescent friend of mine - a high-spirited and patriotic woman - has been planning to buy a Renault, one of those gay little French automobiles. She says she likes French cars because they look like hats. But now she's decided to buy an Oldsmobile instead. "I'm not going to give those Frenchmen all that gold," she explained. I know what she means. It's the balance of payments prob lem. Our imports are bigger than our exports. Our gold is leaving home. One of these days, if this keeps up, we'll be so short of gold we ivon't even be able to fill our teeth. I'm worried sick about it myself because I feel person ally responsible to some de gree. For years now, I've been dealing with' foreign agents. It never occurred to me that I was weakening the country. On the contrary, I believed I was promoting peace , by helping to lift the war de pressed nations to their feet. I thought that was our nation al policy. That's why I bought the West German typewriter. I liked to think of my few dollars helping to load some humble German table with limburger, b r a u nschweiger and kartoffelpuffer. Maybe a nickel or two went for a pot f iopr at the corner rath skeller after a hard day at the local Krupp worKs. And then I bought the Jap anoco mmpra. Whv not. I rea' soned, acquire a satisfactory piece of equipment and at the same time help to make the cash registers ring again along the Ginza? It made me feel One World Ich in imnBinp mv dollars be ing transformed into sen and yen in the dainty land of ex quisite flower arrangements and co-educational bathtubs. I fancied that some ecstatic singsong girl, wrapping her new obi around her fragile waist, would compose a haiku in honor of the unknown American across the sea. In my dreams the obi was purple. And then the Italian shoes. Actually, they were too point ed at t,he toes for my taste, and too delicately construct ed. I'm used to American shoes. In American shoes I always have the feeling that in a pinch I could go in and kick a 45-yard field goal. In my Italian shoes I felt barefooted. But my heart sang when I pictured the joy my generous expenditure proba bly had brought to some Neo- pohtan hovel. I could see Giacomo danc ing home with a bologna, a mozzarella and a jug of val policella and breaking, the glorious news to his bride An namaria with eyes like mam moth olives, "We are rich, bella mia! I have sold the shoes to the stupid Ameri And then the automobile. I bought a gay little Renault. It looked like a hat. I used to think of myself as the patron of some pale little Gisette, all knees, taking her first ballet lesson at the academie; oi of some nouveau Picasso paint ing dead fish and aoplos n a Montoarnasse atelier. Instead of restoring the world to happiness and beau ty, it now turns out, I have only been robbing Ft. Knox of gold and throwing the bal ance of payments out of kilter. I will never be able to type a letter, or photograph my children at play, or dance in my Italian shoes, or peep my French horn, without feeling like Benedict Arnold. My Marshall Plan has gone awry. Diversification Pays; Firm To Quit Original Rail Business Ft Reason Sought For Solid-Fuel Rocket Failure Wallops Island, Va. - (UPD - Space agency officials sought today to trace the cause of a malfunction that doomed America's first attempt to hurl a satellite into orbit with a solid-fuel rocket. The attempt failed Sunday when the second stage of a 72-foot, 4-stage Scout rocket didn't ignite. The rocket fell into the Atlantic ocean about 80 miles away from the Wal lops island test station. The launching at first ap peared to be a success. But minutes after the thin rocket climbed into the sky, the Na tional Aeronautics and Space Administration announced the failure. ; The shot had been sched uled both as a test flight of the new Scout rocket and as an attempt to put a 14-pound, 12-foot sphere into orbit to measure air density and drag at satellite altitudes. Pioneering Ventura The launching attempt was a pioneering venture in two ways. It was the first effort to launch' a satellite from this little test station on Vir ginia's eastern shore, and it was the first attempt by any nation to put up a satellite with a solid-fuel rocket. Officials said that the first stage of the 36,600-pound Scout and its control mechan ism performed perfectly. But the second stage, which was supposed to start burning 70 seconds after lift-off at an alti tude of 130,000 feet, did not ignote. The Scout is a research satellite and space probe launcher still in the develop ment stage. This was its third test flight. The first two were successful. By HENRY J. BECHTOLD UPI Financial Editor New York - UPD - Susque hanna Corp., Chicago, has thrived so much on diversifi cation that it plans to rid it self of its ori ginal business - railroading. It all start ' ed with the f C h i c a e o TSTX" North Shore and Milwau kee Railway, Henry Bechtold a local pas senger operation which, with the exception of the World War II years, has continuous ly lost money since 1932. A reorganization of the rail road in 1953 brought about the formation of Susquehanna Corp. as a holding company to control the railroad and certain bus properties, and permitted the company to sep arate its assets from the trans portation business, Railroad for Sale J. Patrick Lannan, Susque hanna chairman and presi dent, said the company is de termined to abandon or sell the railroad in 1961. Such a move, he noted, will eliminate a deficit of $300,000 to $600,000 a year in transporta tion operations, and gain a tax shelter and cash gain of more than $25 million for the corporation. While seeking its way out of transportation, Susquehan na has been moving into stra tegic growth industries such as uranium and vanadium processing, electronics, and chemicals. The results of these new ventures have been ex ceptionally good - pre tax earnings rose nine times from 1955 to 1959 and are expected to double again by 1961. Before it entered the urani um business in 1956 the com pany made one false start in its diversification program when it attempted to become an integrated oil firm. However, it did come up with some cash out of the deal which helped ease the com pany's way into the uranium business. Susquehanna pro vided funds for the construc tion of a uranium mill near Edgemont, S. D., which prov ed to be one of the most suc cessful mills in the industry. This lead to a second urani um plant at Riverton, Wyo., which went into operation last year. The Atomic Energy Commission has authorized the building of a third urani um mill in south Texas which will go into operation early next year, and negotiations are under way for the com pany to operate a fourth mill to be owned by an agency of the state of North Dakota. Lannan said government contacts for uranium extend through 1966, providing a sta ble earnings floor for the company from which it is spreading into other fields. New Fieldi These, fields include the production of sulfuric acid at a plant adjoining the Riverton uranium mill. Sulfuric acid is used both in the leaching of uranium ores, and in other in dustries such as fertilizer making, sugar processing and oil refining. Susquehanna also has a two-pronged vanadium plan under way which will give it capacity equal to approxi mately 20 per cent of the en tire U.S. output of vanadium by early 1961. Construction is nearly com pleted of a plant to extract vanadium pentoxide from uranium bearing ores at the Edgemont plant. And Susque hanna is in a joint venture with ' Minerals Engineering Co., Colorado, to produce va nadium by an entirely new chemical process - extracting the metal from heretofore wasted slag from western phosphorous operations. As a heat and corrosion re sistant metal, vanadium finds its principal use as an alloy in the manufacture of steel. Lannan said a sleeper in the company's growth is the formation of an electronics division with the acquisition of Computer Engineering As sociates, Inc., Pasadena, Calif. Lannan is shooting for annual sales of $20 million in elec tronics alone within four years. ' ARTIST DIES Newport, R.I. -IUPD- William H. Drury, 71, artist and retir ed art teacher whose water colors hang in London, Boston and New York museums, died Sunday. IE THAT THE QUALITY 1961 MERCURY IS NOW A LOW- PRICE CAR ONLY 19fil MKRCURYPricririjfiihiifithffriolthtlBwyrittfitM Howit Kttrr tea I ul 2W hm t en 1 II." -ST 1.' f V 1 1 I I Hi i TNI MERCDKT Urn f rim Cm Here is an actual price label taken from a new 1961 Mercury Meteor 600: You'll find it on the window, accord ing to the Federal Automobile Information Disclosure Act It proves Mercury has a dramatic new low price I Sales of aluminum furni ture this year should exceed last year's volume of $112,-500,000. Again this year . . . at our office, Unit 3 in The Mall CURRIER & IVES 1 CALENDARS With 12 beautiful m"x3Vi" Currier & Ives prints in color suitable for framing Don Stathos, insuror THF MALL 1005 E. Main ffcO . lUSUI" s , . i .KlDA. 11 WW muipnunm Dk.n lmr,ui M A01N1 INCLUDING ALL THIS EQUIPMENT AUTOMATIC TRANSMISSION PUSH-BUTTON RADIO DE LUXE HEATER-DEFROSTER THE 1961 MERCURYS ARE THE BETTER LOW-PRICE CARS! w lOootSrian ""e" cemwr.tli M.rcuiy Mmln MKCURY MtltOS 40O-6 CtU $1,S1.40 CHEVROLET 8EI AIH-6 CYl. 1?,8SS 75 tow PLYMOUTH BELVEDERE & CYL. .BS9. t3?.4Q l.u DODGE DART PIONEER 6 CYl. SJ.88070 11070 1 MtBCURY METIQH 8QO- CYl. $3,195.80 CHEVROLET IMPALA-8 CYl. J3.U5 5S W t5lll PLYMOUTH FURY 8 CYL S3. 206 00 I0 80 ! DODGE DART PHOENIX' CYl. 13.32660 t3l.0" PONIIAC CATAUNA-8 CYl. t3.20l 3 t 23 OLDS DYNAMIC 888 CYl. $3.I5 43 320.23 mot BUICK IE SABRE 8 CYL .367 20 ), 172.00 ion The new Mercury Meteor give you the smoothest ride, the safeat, huskiest construction, and mora interior luxury than any other low price carl It also gives you larger brakes than most, a bigger battery, t more glass, larger tires, more body . insulation, a longer wheelbase, and many other advantages. All this. ..plus a new low low price . . . plus our Special Intro ductory Deal which saves you a mini! Come in now and see the Record-Breaking .1Tr Mercury 'Oil ..JjSil.m. "Includes transportation, automatic transmission, push-button radio, deluxe heater and defroster. Prices may vary slightly because ol transportation cost differences. "Two-door hardtop models. Tw.o-door sedan not available. Mercury Meteor 800 2 door sedan 1961 MERCURY METEOR 600 METEOR 800 MONTEREY MEDFORD MOTORS, Inc. SAVE ON FLOORCOVERING Pre-inventory CLEARA mi cos DYKE'S WOULD RATHER SELL IT AT Than Pay Taxes on It! BUY NOW INSTALL BEFORE XMAS OR LAY-AWAY UNTIL YOU ARE READY. Check These Carpet Prices and SAVE 100 Continuous Filament Nylon, Reg. $10.95 sq. yd. - Clear at $7.80 Decorator Cotton Broadloom, Reg. $7.95 sq. yd. - Clear at $4.75 Firth Wool Turf (Shag Wool), Reg. $15.95 sq. yd. - Clear at ... ...... 59.50 100 Wool Tweeds, Reg. $10.95 - Clear at .$1.80 MANY MORE AT REAL SAVINGS WE ALSO HAVE MANY DROP AND SPECIAL LISTINGS FROM DISTRIBUTORS WHO ALSO WISH TO CLEAR THEIR INVENTORIES. WE WILL PASS THESE SAVINGS ON TO YOU AT DISCOUNT PRICES. LINOLEUM at WHOLESALE Armstrong Embossed ......2.75 sq. yd. Armstrong Spatter 2.75 sq. yd. Armstrong Marbelle 1.75 sq. yd. Armstrong Futuresque 3.50 sq. yd. Armstrong Tessara 5.25 sq. yd. Subject to Stock on Hand SPECIAL ITEM CLEARANCE Ceramic Tile 7c ea. Plastic Tile 3e ea. Accoustic Tile ...14c ea. Counter Top 29c lin. ft. CARPET REMNANTS YOUR CHOICE- 1000 PLUS TO CHOOSE FROM ALL SALES CASH - OR CONTRACT DYEC FLOORCOVERING 1228 N. RIVERSIDE PHONE SP 3-3912 "Next To Tower Broiler" Open Monday Night W m f '.v.- m si i SP 3-6658 'lllH Ml IIU 225 South Riverside (v