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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 10, 1961)
o o 0 O o o o 0 o o o Sal$ Calls top Pmnipf Action oft Proposed Stadium unless me cnnntv r.nni.i t&es definite action within the next month, Jackson coun ty will lose its chance to ob tain a cheap, 20,000 seat, multi-purpose stadium. This point was made by John Weisbrod Monday in a talk on the stadium proposal at the Chamber of Commerce roundtable luncheon. Weis brod is one of a group of men who have been boosting the stadium idea for the last two years. Quick action is now need ed on the proposal, Weisbrod said, because of its connection with the new freeway. He ex plained that it is proposed that the stadium be erected in an excavation created when contractors remove fill-dirt for the freeway. The fairgrounds property south of the Armory is an ideal site for both fill-dirt and the stadium location, he said, and if the county court will give them the go-ahead, the contractors will lake the dirt from that area, leaving an ex cavation for the stadium to be built on. Noting that the court has been reluctant to take any action, he said that unless au thorization comes within the next month, the contractor will negotiate elsewhere for fill dirt and the chance for gaining a cheap stadium will be lost. Construction of the freeway in the South Barne burg rd. area is scheduled to begin in March. Approximate ly 100,000 cubic yards of fill dirt will be needed. Cost S400.000 If the fill-dirt excavation site were to be used for the stadium. Weisbrod said, a 20, 000 seat structure will cost about $400,000. The same sta dium, if it were to be built from scratch, would cost "well over $1 million," he added. In addition, the contractor will pay the county $15,000 for the fill-dirt. Weisbrod declared: "Whe ther you like the stadium or not there's still going to be an excavation," and it can Pharmacy Phacts From GENE WESTLAND : Your own good name is one of your most valuable possessions. It actually may be your most valua ble, since without it, you would not exist at least in the legal sense. In the same way, we are proud of the name of our store and what it means here in town. And, for the very same . ... reason, the manu facturers of well - known, trade marked drugs knows the value of protecting the honorable name and reputation which has taken years to build. He does this by making his products of high, uni form quality and making them easily available. In turn, we pro tect our own good name by using these honorable products when we fill your doctor's prescription with our friendly, conscientious service. Every family needs many small, personal items, such as tooth brushes, to keep the daily routine of life rolling smoothly along. We carry many such small items here at McLain s Drug Centre and w be glad to show them to you whenever vou come by ... 8 No. Central, Medford. adv. Full-size Our full-size car is the Dodge Dart. It is priced model lor model with Ford and Chevrolet. Here the comparison ends. Dart offers you features its major competition cannot. To point out a few: A unitized, rust-proofed body. Torsion Aire Ride. And a new device called an alternator-generator (A full - The new Dodge compact, Lancer (shown on the right), is priced straight down the line with Comet, Corviir ind f-'ilcon. It his an inclined engine that's loaded with sizzl, fully unitized ruit-proofed body, Torsion-Aire ride, nd I bittery-jiving alternator-generator. Want to know more? See i Dodge Dealer. He's got your answer- Lancer. ni0-pncECoup7 nnRftf IAPiQ ',Th best lues O O either be put to practical use or left as an "eyesore." He said it has not yet been de termined where the fill-dirt will come from if the fair grounds property is not made available, but indicated that it will be somewhere within a one-mile radius of it. Court Has Authority The county court has the authority to permit the con tractor to remove dirt from the fairgrounds now, he said, and the money for the sta dium itself could be budgeted next year. He noted that the proposed stadium site is par tially on city property and its authorization would also be needed. Bill Siebert, an architect who has been working on the stadium proposal, displayed a tertative drawing of the sta dium at the luncheon. It would have both a football field and baseball diamond. The main seating facilities would be on the east side ad jacent to the football field. Baseball seating would also be erected. The stadium would include a paved parking area for 4,100 cars and would have concession stands and dress ing rooms. Multi-Purpose Structure Siebert said the multi-pur pose structure could be used 'for almost anything you can think of." Weisbrod listed professional football and baseball, conven tions, school athletics, band concerts, celebrations and farmer and Grange activities as some of the uses of such a facility. Both the San Francisco 49ers and Los Angeles Rams, professional football teams, have given encouragement to the stadium proposal, he said, and have even set forth the terms under which they would be willing to play a pre-season exhibition game there. He also pointed out that an organization which nor mally attracts 20,000 persons to its convention has express ed an interest in using such a facility for their annual con vention. They would be inter ested in holding it here, he said, because of Medford's proximity to both Portland and San Francisco. This group spent $1 million Portland when they held their convention in that city, he s a l d, and added that: When you dump $1 million into an area that's just as real money as lumber, peaches, pears, or whatever you got." Another potential use of the stadium, he said, would be to stage day-time activities during the Ashland Shake spearean festival. Many pa trons of the festival have com plained, he said, because there has been nothing to do during the day time. The stadium would help solve this prob lem, he said, because "lots of things can be done in a sta dium during summer days." Weisbrod noted that schools in five other Jackson county cities are giving consideration to erecting their own stadiums for athletic use. He mentioned Southern Oregon college as one of these. The total cost of these five small stadiums, he estimated would be over S2 million They would probably be built of wood and their mainte nance costs would be high. or compact? Your " on wheels re O But, he said, the 20,000- seat stadium can be built here for only $400,000, it would be of cement, and will benefit everyone in the area. Cement, he pointed out, would be the material used because it lasts longer and requires less maintenance than wood. He added that cement is also a Rogue valley product. Noting that there has been a lot of "misconceptions" about the interests of the men who are backing the proposed stadium, Weisbrod said: "I won't be making any money" off the stadium. And, "I'm just like everyone else; I see something good and am will ing to spend some time on it." He added that, "there are lots of men like me." It was pointed out that the county court is the group that will have to take action on the proposal if it is to be come a reality. Weisbrod said, But, if the court doesn't de cide to do it in the next month, we might as well for get it." Adult Welding Course Slated Central Point - An adult welding course for beginning j welders will start Wed. Jan. 18, 1961 at 8 p.m. The classes will be held in the vocational agriculture building at Crater high school, Central Point. The course will consist of 10 classes to be taught on Wednesday nights of each week starting Jan. 18, 1961 and ending March 22, 1961. Each class will last for two hours. Fees have been set at $10 per person. All equipment and materials will be furnished with the exception of gloves. It is advisable for those en rolling to purchase a heavy pair of canvas gloves . This course has been espe cially designed as a beginning welding course in electric (arc) welding and oxy-acety-lene welding and cutting. For those who are interest ed in this course please con tact Tex Porter or Ed Griggs at Crater Vocational agricul ture department, Crater high school, P.O. Box 457, Central Point, or phone NO 4-1241. Enrollment in this class will be limited. Increase Noted In Deposits for Year Deposits totaling $22,454, 284.91 were reported by the U.S. National Bank, Medford branch, in the Dec. 31 report to the comptroller of the cur rency, according to Allan Perry, branch manager. Total deposits reported in the bank's statewide system was $825,373,259, an increase of more than S6 million since the year-end 1959 report. Total loans and discounts for branches throughout the slate were $392,328,932 as of the year's end, with the local branch reporting $9,819, 230.70 in that category. Four new branches were opened in 1959 by the bank and four new buildings for present branches were com pleted. Dodge Dealer's got that will charge at idle, make the battery last far longer than usual. There are 23 Dart models, with either six or V8 engines. Read about our new low-price compact, Lancer, below. Then visit your Dodge Dealer. Either way, standard or compact, you get a great deal with Dodge. at your dependable PODGE dealer (yEDFOHD MAIL TRIBUNE, MEDFORD, OREGON 3 Pr. rebuff lMi xCr ill i j . ,. s . v - fmi ON VISITS Pope John XXlli is seen through Ihe rain spattered window of his limousine as he rides lo visit the ! headquarters of the Sacred Congregation for the Eastern I Church from the Vatican City. The Pontiff started his new year with a series of visits to the Sacred Congregations. I which are the equivalent of ministries in a civil government. (UPI Telephoto) Approval Received For Bank Merger Approval for the merger of the Rogue Valley State bank of Medford and The Oregon Bank, Portland has been re ceived, according to an an nouncement by Clarence H. Young, and Charles F. Adams, presidents of the respective banks. The name, The Oregon Bank, will cover the opera tions of the two banks when the changeover is made on Jan. 18. Now celebrating its 50th an niversary, the Medford bank was founded as the Eagle Point State bank. In 1954, the bank moved to its present location in Medford and adopt ed the name the Rogue Val ley Stale bank. With the estab lishment of a shopping center on East Jackson st., the bank opened a branch in that area in 1959. Young staled that the merger of the two banks would provide customers with the complete banking service presently offered by The Ore gon Bank. No change in per sonnel will be made. Custom ers of the Medford bank are advised that the checks, sav ings passbooks, and other printed supplies on hand will continue to be good as long as their supply lasts even though the name has been changed. Oldest Trust Service The Oregon Bank was established in 1887 as the "Portland Trust" and it now offers the oldest trust service west of the Rockies. Since its founding, savings, checking and a complete line of bank ing services have been added. The new name for the bank was adopted in June, 1960, when a name more descriptive them both! of the scope of the bank's operations was needed I Although the bank had four branches and ils head office in Portland, it had no facilities outside the city until August, 1960, when a merger with the Valley National Bank of Milton-Freewaler was com pleted and it became a branch of the Portland bank. Later in the year, two more branches were added when quarters were opened in Pendleton and The Dalles. The Medford merger will bring to ten the number of DanKing otlices It Has now I established in Oregon. A celebration, marking the merger of the two banks, will be held in Medford Jan. 20 at the Court st. office, which will be designated the Rogue Valley branch of The Oregon Bank. Evening activities that day will be at the East Jack son st. bank, to be known as the East Medford branch. In addition to refreshments and souvenirs, a special at traction for visitors will be a treasure chest filled with $2,000 in new money. Invi tations to the open house, to gether with keys, are being distributed throughout the community. Lucky key hold ers who can open the chest will be permitted lo scoop out and keep all the money they can grab with one hand, officials stated. Official hosts and hostesses for the occasion will be persons born In 1887. New Spreader Donated to FFA Central Point - A new fer tilizer spreaker was donated to the Crater Future Farmers of America chapter by Mr. and Mrs. Bill Bray recently. Bray, owner of the Midway auction yard, last year was made an honorary member of the Crater chapter. 'This spreader will be very beneficial as a supplement to the Crater chapter's farm equipment," Chapter Advisor Ed Griggs said. "For the past few years it had been neces sary for the chapter members to borrow fertilizer spreaders for their home farm projects as well as for use on the chap ter farm." Many of the boys have grain projects on their home farms and have found that nitrogen and phosphorous commercial fertilizers have in creased their yield when ap plied at the proper time, Griggs explained. The new fertilizer spreader will help insure proper timing in ap plication of fertilizers. "Bill Bray has been a very good friend to FFA and 4-H club members in Jackson county." Griggs noted. "His many services such as auction ing at the 4-H and FFA fairs and his donations of award plaques nd his nssislancc to young people in securing ani mI for their projects have bfn greatly appreciated." Six of Average fomilv on Incrtate Washington -(UPH-The size of the average American fam ily increased0ln the past dec-0 adc. reversing a long-term trend. TJie Census Bureau said Monday that 45. 1 million American .iftllios in 10(10 averaged 3.68 persons each. The average was 3.54 in 1050, 3.78 In 1940, 4.04 In 1030, and 5.7 In 1700. ',o O Economic ore Business Credit Demand By HENRY J. BECHTOLD UPI Financial Editor New York - tUPI) -The an ticipated rise in the economy in mid-1061 will "bring about an increased demand for business cred it, but there will be ample funds to meet it. That's I h e word fro m Walter M. Kelly, presi dent of Com mercial Fac tors Corp. Factors provide manufacturers and whole salers will) working funds, credit and collection services, and marketing counsel. Kelly said this assurance that adequate credit will be available is of particular im Will JOKTQFI stores o ' - Rise To Bring About portance to the thousands of small and medium size firms that supply American lain i Iks with shoes, furniture, cloth inn, hardware and other basic needs, and provide industry with items ranging from elec tronic computer parts to at omic .submarine components. Alert Management Alert managements seeking to keep pace with the dynamic changes in the economy will require crcdil in ever-increasing amounts, according to the factoring specialist. Consum er preferences are shifting, and new products arc emerg ing in the merchandising and distribution of consumer goods. lie added that slcppcd-up research looking toward new product development will be essential for many companies, and in many industries a new Here Is an Automatic Washer that will Save You many dollars of Service Expense throughout the years ahead! Do the Job To Your Satisfaction Or Your Money Back! It's not a washer with a lot of gadgets at a high price. It's simply built to wash clothes clean and to keep on doing the job year in and year out without annoying break down expense. Its 2 speeds will safely wash and damp dry any mate rial that can be washed in water. Other Washer Models APPLIANCE PARTS and SERVICE for RCA Whirlpool, Hotpoint, Kelvinator, Maytag, and All Makes of Television Dependable - Good Workmanship - Competitive Rates 113 SOUTH TUESDAY, JANUARY 10, "or approach to marketing and merchandising will be a 'must' for business survival. The factoring and commer cial financing industry expects to supply a substantial part of the funds to be needed by business. Kelly commented that his industry represents what might be described as the un seen area of credit and fi nance, operating outside the conventional banking system but pouring billions of dol lars into the economy each year. Factors make funds avail able for such varied purposes as pre-season inventory build ups, meeting payroll and other operating costs, plant modern ization programs, and finan cing mergers and acquisitions. Kelly explained thai the basic function of the factor i mm Regular Price $309.95 JANUARY SALE PR $ ICED at 249 Your Old Washer Makes the Down Payment $1380 First Payment in Priced from $18995 R mmmi . 1061 is to convert his client's "ac counts receivable"-which rep resent the monc) owed tha client for g&ods shipped to customers hut not payable for one, two or three mont'fl into cash that can be put to work immediately in tha client's business. While the origin of factor ing rcpoioedly goes back cen turies to Julius Caesar who employed factors to assist in the sale of government-owned grain, this unique type of fi nancing service has only achieved prominence sine a World War II. Prior to that, war industries making extensive use of fac loring included textile.,, leath er goods, furniture and a few others. Today practically all fields are taking advantage of it. Plymouth, England - !l'Pl -Herbert Callard, 60, was jailed 14 days for crawling into a. cemetery tomb to sleep. No body would have known ha was there if he hadn't panick ed and started screaming. 95 Month Marcl. cr o o o o 0