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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
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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
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rial that can be washed
in water.
Other Washer Models
APPLIANCE PARTS and SERVICE
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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.
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