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