Medford mail tribune. (Medford, Or.) 1909-1989, December 05, 1960, Image 13

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    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