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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 6, 1961)
Stocks Continue Uftessl P fW?f &ftWp Major Steels Down Fractions; Electronics Decline New York -HIPP- Stocks con' tlnucd under pressure In the arJy dealings today. . ; Most of the major steels were down fractions with Na tional off as much as Wi. CM Itwt around a point in the -motors with others in the group off around V4. Electron ics dropped as much as 2 in Litton. ' Procter & Gamble was off more than 2, Owens-Illinois off around 1 and Anaconda off a large fraction. Du Pont and Union Carbide firmed. DOW-JONES AVERAGES - New York - IIINI - Dow Jones final stock averages! 30 industrials 622.67, up 1.18; 20 railroads 135.14, up 1.43; 15 utilities 100.58. up 0.17, and 65 stocks 208.78, up 0.75. Sales Thursday were about 4.13 million shares compared with 3.84 million shares Wednesday. elected Thursday's prices siockb: Allied Chemical .12 Alum Co. Am 73Ji American Can 35 American Motors 18 AT&T 105'i Anaconda Copper 46? Armco Steel ! Bcndlx Corp , (8 Bethlehem Steel 42 ' Boeing Air 30 Caterpillar Corp 31i Chrysler Corp 30',. Continental Can Crown Zellerhach .. Curtlss Wright Dow Chemical Du Pont Eastman Kodak Firestone General Electric .... General foods General Motors Georgia Pacific Graham Paige Greyhound Gulf Oil Homeatake Mining Idaho Power 1. B. M ... Int. Paper . Johns Manvllle ... Kennecott Copper .. Lockheed Aircraft Montana Power Montgomery Ward Nat l Blscull New York Central Pac Gas St Elec .... Penney, J. C Penn RR ... Radio Corporation 3d1, ... M. ... 16'i ... 74 , ..190i ..1 12i ... 3i .. 73", .. 70'4 .. 42T. .. 54', .. li ... 20"i .. 34", .. 48''.! ... .131, .501 .. 32 l ... 53', .. 77 "i .. 27 .. 32 's .. 70',i .. 72 .. 17(1 .. 74. .. 40', .. 12 Hi .. 627, Richfield Oil Safeway 37'.: Sears 54 '. Shell Oil 38": Socony Mohll Oil 40' Southern Pacific 21 Standard California 47 Standard Indiana 48?; Standard NJ 42 : Sun Mines 7': Texas Co , 83 20', Texas Gulf Sulfur Texas Pac Land Trust Tranaamerica .. 26?, Trans World Air 15 Tri-Continonlal 37 'i Union Pacific 28 'i United Aircraft 30 ',i United Air Lines - 35T, U. S. Rubber . 48 U. S. Steel 79',', Youngstown S & T 20 Army Develops Antitank Rocket Huntsvillc, Ala. -ItW- The Army has developed a four and one-half pound antitank rocket carried in a throw-away container that doubles as its launching tube, .A telescopic aluminum in ner section in the disposable container is extended before firing; the rocket's solid-fuel motor burns out before it leaves the launcher tube. The rocket Is stabilized in flight by narrow magnesium fins which spring into position after it leaves the tube. 'f,'iiir Super-dependability . . . hugs 'V.'iiaJ 'J wash eytlas, 3 water tempers- y S a- M M t tures . . . new liza for the. ' s S M ' "built-in" look (install fluih to L ; J rT tvi w wa) . , . bettor, tturdrer-lhsn- ' J r , t ever G-E quality construction ! . . , wanted, all at an amasing low . 1 Filter-Flo . 01095 fl Washer AU7 ' '''' I II III assess! innnai Kr-rrlSt ., This beautiful now G-I Dryer , . ' . is standard counter depth and height for "built-in" look! j ' ' .. ; , Clothes are dried fluffy and . . ; loft by gentle tumbling through ' , ' ( a high-velocity stream of clean, j warm air. You got high-speed 1 t f" i t'" H drying at saf o, low tempo's- , p j i ' ' i ' ' turosl On display ' at Hapeo High-Speed 10093 ' ' ' ' "" Dryer lOV aaaaaa ' V- , -v 1 fs I GE high ipcd drying at taft, '1. .Vj . . low temperature! , . , plus new it ) ECONOMY DRY button that -'i- ' j allows you to incroasa propor- lion of air motion to hoat . . . "'' 1 'ows oporation to save electric r power! Foot pedal opens doors , '"'I eaiilyl It's strong and sturdy 't if ; i built by G-E for long-lasting, i i T ! economical uiel B v WW mis" III 229" JM ' . r-, fWrah I I Xli 2 .iw ITWJTTJ I 'lsV yg?-. --'.. iM SgSN ' 1 Jujflii- -- - ! ' ''AU Wash water (i circulated and filtered at tho rate of four gal "J' - Ions a minute , . lint il f , , caught in tho famous G-l filter ..V . . . your clothes are clean, YS white and bright. New big- I ''s.'' capacity V-12 waiher fits fluih j (. for "built-in" look has 1 . ,t2 waih speeds, i wash cyelei . . Jv built to require minimum serv- T ' .' Ice oipomel i ' Filter-Flo 07Q9S , : if" Washer ZV !ivr NEW! From General Electric NOW! at Home Appliance Co. VOLUMATIC 12-LB. CAPACITY WASHERS! HIGH-SPEED 1961 DRYERS! 3 inches shorter.:. designed to match your countertops. ir Huskier . . . sturdier . . . better built. Monger lasting... less to service. Flush-to-wall installation. Host of engineering advancements. Tomorrow's laundry equipment here today . . . with the best G-E features retained plus a host of fabulous, en gineering changes ! G-E's new Voltt matic V-12 washers and dryers are shorter front to back will match most kitchen cabinets in depth! The fabulous Filter-Flo washing sys tom ... by far the best on the mar ket ... is refined for '61 to team with G-E's bigger capacity machines . . . the entire units are huskier, de signed to require a minimum of serv ice expense. The best is even better for 1961. We're famous for old fashioned quality n1. See V-12 Tomorrow t 115 E. MAIN and 115 E. Main in Ashland WE HAVE TO MAKE ROOM! Big Sale Now . . . 1960 MODEL G-E WASHERS AND DRYERS CLOSE-OUT SALE! Entire Remaining Stock of '60's Must Go! BIG SELECTION! ftge 2A MEDFORD, OREGON, FRIDAY, JANUARY 6, 1961 Algeria Moslems Cast Ballots on De Gaulle Plan Paris - (UPD - Moslem vil lagers, protected by heavily armed French soldiers against death threats from nationalist rebels, started voting today on President Charles de Gaulle's plans to loosen Al geria's ties to France. Hundreds of thousands of French soldiers were on the alert for possible attempts by either Moslem rebels or right wing European settlers to dis rupt the nationwide referen dum with violence. Fifteen French warships with thousands of sailors and marines were standing by at the big naval base of Mers-el-Kebir. Rebels Isiua Threat The leadership of the Na tional Liberation Front which has been waging a six-year war against the French for independence, sent warnings through the underground that the first Moslem who voted in the referendum "will have his throat cut." The rebels called on a 1 1 Moslems to boycott the refer endum as a "fraud" and wait for "final liberation." On the other hand the 9 million Moslems in this un settled land have been told through speeches and pam phlets from the French that de Gaulle wants them to vote "yes" in the referendum so that he may bring them peace. The French army was or dered to encourage the Mos lems to go to the polls and to provide transportation for them where necessary. The voting' will be held in tlie Algerian countryside to day and Saturday. On Sunday ballots will be cast in the big cities of Algeria.'such as Al giers and Oran, and through out mainland France. If de Gaulle gets a "yes" vote he will have popular sup port for his plans to grant more home rule to the Al gerians immediately and pre pare for an ultimate referen dum in which Algerians will be allowed to decide their own future - continued inte gration with France, a looser alliance or independence. Nixon Officially Proclaims Kennedy Election Winner Washington - (UPD - John F, Kennedy's election as Presi dent was made official today by the man he defeated for the nation s highest office. The presidential electoral votes were counted at a joint session of the House and Sen ate and it was Richard M. Nixon's job as vice president to announce the results. It marked the first time in 100 years that the man who ran second in a presidential election has been required to make the official announce ment of the outcome. Lincoln Proclaimed Not since Feb. 13, 1861, has a defeated presidential candi date officiated at such a cere mony. On that day Vice Presi dent John C. Breckinridge proclaimed Abraham Lincoln the winner in a four-man race. Lincoln got 180 of the 303 electoral votes in the 1860 election and Breckinridge fin ished second with 72. Like Kennedy, Lincoln failed to get a majority of the popular vote. On . the basis of popular votes the Kennedy-Nixon race was one of the closest in his tory and right up to the 11th hour it was uncertain wheth er the final count would give Kennedy 300 or 303 of the 537 electoral votes. Hawaii initially certified Nixon as the winner of its three electoral votes but then sent Washington a corrected certificate listing Kennedy as the winner. , On the basis of the correct ed result in Hawaii, the tally was: . For Kennedy and his running-mate, Lyndon B. John son, 303 votes; for Nixon and his running-mate, Henry Cab ot Lodge, 219 votes; for Sen. Harry Flood Byrd of Virginia, 15 votes for president with 14 for Sen. Strom Thurmond as vice president and one vice presidential ballot for Sen. Harry Goldwater (R-Ariz.). Rayburn Battles To Beat Challenge To Powerf Prestige Washington - (UPII - Speaker Sam Rayburn observed his 79th birthday today, battling behind the scenes to defeat a challenge to his congressional power and prestige. The challenge came from an other old-timer - courtly Rep. Howard W. Smith, 77, a south ern gentleman of the old school who until a few years ago wore wing collars and a string tie. The outcome of the struggle could have quite a bit to do with how successful President elect John F. Kennedy is in getting liberal legislation through the 87th Congress. Rayburn, whose bald head is his trade-mark, has been the No. 1 Democrat in the house for 20 of the 48 years he has been a member. He has served longer in the House and longer as speaker than any man in history. Heads Rules Committee Smith is the leader of con servative Southern Democrats and chairman of the powerful House Rules Committee which serves as the legislative traffic control center for the house. He has been in Congress for 30 years and is recognized as Its wiliest tactician. The two quiet - spoken, but strong - willed men for five days have been locked in a struggle for personal control of the Rules Committee. It has the power to block controver sial House bills. In recent years the commit tee has been controlled by a coalition of ultra-conservative Republicans and southern Democrats headed by Smith. With the advent of the Ken nedy administration, Rayburn is determined to break - and Smith to perpetuate -the coalition's power to block leg islation. Characteristically, t h I s behind-the-scenes struggle has been conducted without public statements from either of the two men who are rated the toughest and shrewdest bat tlers In Congress. The "war of nerves" began when Smith last Sunday rejected a Ray burn proposal that would have enlarged the committee to give Rayburn control. Rayburn quietly has passed the word thjt if necessary to achieve his objective, he will lead a fight to purge Rep. Wil liam M. Colmcr (D Miss.) from the committee and replace him with a Rayburn Democrat. The excuse for purging Col mcr would be that he bolted the national party ticket in the November election. BERNARD P. KELLY and ROBERT H. GRANT announce their associalion(for the general practice of low under the firm game KELLY &GRANTo O and o announce the removal of their law office to The Mall Building q q Suite 24 1005 East MainO MQlford ii i i 7A- IT'S A WONPtKFUl STORI Saturday Check List OF GOOD VALUES annua storewide January clearance now in fu swing A. 5 !Se.Ji. -it. N 4 .i M .'rl.....'btijk : j two million Americans helped bake this bread Yes, the flour to bake the bread to feed these Greek orphans was part of 4 million CARE packages tent across the world by 2 million Americans who con tributed to last year's Food Crusade. This year, won't you join in sharing our abundance? Every $1 sends a big package of powdered milk, flour, other foods. Every package bears your name and address a personal, merciful gift of friendship to hungry peo ple, straight from your heart to theirs! SEND YOUR DOLLARS TO JOIN THS POOD CRUIADI CARE 60 First Ave., New Ytrk 1, N.Y. or your nearest CARE office. r IP''' Here it $ far the Fowl Crutade. Nome Addres -o ejsV I" fii.ri.i i il Courtesy of Medford (Vfl 3V,,r r O-es o I s nn -wH'mrT:'T r Tg