Medford mail tribune. (Medford, Or.) 1909-1989, January 12, 1961, Image 19

Historic Oregon Newspapers

Medford mail tribune., January 12, 1961, Image 19

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Newspaper Page Texto o o o o o o o o o o aD&oD e&iui?gi 8t0t. oefi&c O O o Cost of Progress Worries Spacemen New York - fUPD - Faced with the staggering research and development costs, the nation's vital aerospace indus try is going into 1981 in dan ger o being swallowed up by the costs o Its own rapid progress. The industry is in critical linancial condition, stemming from major production shifts into the space age which have sent costs into a steep upward spiral. The effects of rising costs have been further magnified by contract stretch-outs, cut backs, cancellations, drops in quantity requirements and in creasingly f r e quent design changes. Best estimates currently available are that the 12 lead ing companies in the Industry will show an average 1960 profit margin of 1.5 per cent with little chance for improve ment in 1961. These same manufacturers were earning 3.4 per cent of sales as recent ly as 1955. Even forecasts of a 5 per cent sales jump in 1961 to $13,270,000,000 from about 512,640,000,000 in 1960 have failed to cheer the industry to any extent. Industry leaders say this will mean little over the next few years unless the new ad ministration can be counted upon to pick up a larger share of the research and develop ment tab. Prospects Brighten The prospects for govern ment aid of this type, have brightened with the Demo cratic election victory at the polls and with such sage eco nomic bodies as the Invest ment Bankers Association (IBA) going to bat for the in dustry. During the Eisenhower ad ministration the industry had to absorb more of the re search, development and other costs for which it had been compensated by the taxpayers in Democratic administrations of the past. The IBA in a recent study found the industry "In need of government rescue." It recom mended the appointment by the President of a highly qualified individual td review all phases of the aero-space industry. It asked for something more lucrative to replace the old low-margin cost-plus contract system and recommended re vision of the depreciation and patent laws of the Space Act. Also the industry has begun taking profit-producing steps of its own. Industry observers note a trend toward strategic mergers, consolidations and diversifications to broaden the operational base ol Individual companies. Little Fear of Drop The Industry has little fear of a sales drop even i the cur rent business downturn Is pro longed, since lis sales fortunes are tied to a predetermined inflow of government dollars rather than the general eco nomic climate. Industry surveys show that sharp growth In missile de liveries and space activities will offset further declines in military plane production. Individual companies will not be affected uniformly on a sales basis. Those lacking a broad scientific capability, satisfactory product mix, and representation in the latest missile and space develop ments will find the transition to the Space Age increasingly difficult since there simply Is not enough money in current defense budget to support firms with only marginal capabilities, Industry spokes men conclude. LEGAL NOTICES LEGAL NOTICES NOTICE OF SAI.B OF IIKAl. I'ltdl'MITY IN THE CIKCUIT COURT OF THE STATE OF OHEGON FOR JACK SON COUNTY No. 10667 In the Matter of the Estate of RACHEL PHILLIPS. Deceased NOTICE IS HEREBY GIVEN (hat the undersigned. A. E Piazza, ad ministrator of the estate of Rachel Phillips, deceased, will sell at pri vate sale on or after the hour of 10.00 o clock a.m. on the 30th dav of January, liifil. at the offices of Hnrotson and P azza. 207 n led States National Bank Building, Mediord. orceon. for cash, the fo - lowing descrihed real property sit- uiiieu in JacKson i-uuniy, urctfon; to-wit: The Southeast quarter of the Northwest quarter of Section 3. Township 40 south. Range East, Willamette Meridian, Jack son uouniy. urefion. Said sale will he for cash, suh ject to the confirmation of this court This notice is nubllshed pur suant to an Order of the above entitled Court, dated the 27th day of December. 10(i0. DATED and first published this zwm nay oi ucccmDer. luuu. A. E. Piazza Administrator of the Estate. of Rachel Phillips, deceased HARBISON AND PIAZZA 207 United States National Bank Bldfl. Medford. Oregon TIMBER FOR SALE. UNITED STATES DEPARTMENT OF THE INTERIOR. BUREAU OF LAND MANAGEMENT. ORAL AUCTION BIDS as hereinafter designated will be received by the District Manager, Bureau of Land Manage ment. hLM Warehouse Area, Arm ory Drive. Metllord. Oregon. Mail log Address P.O. Box 1106, Mcd- tord, uregon) at lu:uo A.M., PACIFIC STANDARD TIME, on Thursday, February 0, lflfU, for all timber marked or designated lor culling, uelore bids are sub milled, full Information concern ing the timber, the conditions of sale and submljis on of bids shou d bo oblaincd from the above District Manager. The right is hereby re served to waive technical defects In this advertisement and to reject any or au uius. 1 ne united stales reserves the rmht to waive anv In formality in bids received when ever such waiver is in the interest of Die United States. IN JACKSON COUNTY: OIIKOON: O&C: All tim ber designated for cutting NWUNEU, NW',4, WiiSWH Sec. a, T. 35 ., K. 3 ,., W.M., estimated for the purpose of this sale to be 940 M bd. ft. Douglas-fir. 33 M bd. ft. pondcrosa pine, (15 M bd. ft. sugar pine, 22 jvi bd. tl. incensc- cedar, ltlo M bd. ft. white fir. No bid for less lhan $13.50 per M bd. ft. for the Douglas-fir. $4.00 ner M bd. ft, for the pondcrosa pine. $11.30 per M bd. ft. for the sugar lino, ;,.iu per m no. it. lor the ncense-cedar. $7.00 per M bd. ft. for the while fir. or a total pur chase nrico of $io.n:i.in. will be considered. Minimum deposit with bid $1,700.00. All timber designated for cutting on NE','. S'a Sec. 13, T. 33 S., It. 2 B W.M., estimated lor ine purpose or this sn c to be 4,420 M bd. ft. Douglas-fir. Kill M bd. ft. sugar pine, 1211 M bd. ft. IneenHe-eedar, 1,300 M bd. ft. white fir, 43 M hd. ft. hemlock. No bid for less than $10,115 per M bd. ft. for the Douglas-fir, $31.05 per M bd. ft. for the sugar pine, $0.53 per M bd. ft. for the incense-cedar, $10.45 per M bd. ft. for the white nr. $ti.uu per M ud. It. ror the hem lock, or a totnl nurehasc price of $100.3114.50. will be considered. Minimum deposit with bid $10,. 000.00. ADVERTISEMENT FOR BIDS Scaled bids will be received by the Jackson County Court at the Courthouse at Medford. Oregon, on or before 10:30 A.M. on the 25th day of January, 1001, for the lur nisbing of furnace oil and Pacific .'100 fuel oil to the County Head ijepartmeni tor tne period oi Feb ruary 1, 100, to January 31, 1002, Inclusive. Instructions to Bidders and (speci fications can he obtained at the office of the County Clerk or olflce of the County Engineer. JACKtiUN CUUrtTY tJUUHT: Earl M. Miller County Judge Cheater II. Wendl County Commissioner E. H. Taylor County Commissioner ADVERTISEMENT FOR BIDS Scaled bids will be received by tho Jackson County Court at the Courthouse at Medford, Oregon, on or betore lt:uo A.M. on the 25lh day of January, 10111, for furnish ing of gasoline and dicscl oil to tbu County Road Department for the fiscal year of February 1, 10(11, to January 31, 11102, inclusive. Instructions to bidders nnd speci fications for the aasoline and tflcsel oil can be obtained at the office of the County Clerk or office of the County Engineer. JACKSON COUNTY COURT: Earl M. Miller County Judge Chester H. Wcndt County Commissioner K. H. Taylor County Commissioner ADVERTISEMENT FOR BIDS Sealed bids will be received hv the Jackson County Court at the Courthouse at Medford. Oregon, on or before 10:00 A.M. on the 35th dav of January. 1001. for the fur- Dishing of motor lubricating oils and greases for the County Road Department for the fiscal year of February 1, loui, to February 1 10(12. Instructions lo bidders nnd specl flcatlnus for the lubricating oils ano grciiKCN can lie nnuuncu ni ins olflce of the County Clerk or olflec of tho County Engineer. JACKSON COUNTY COURT: F.arl M. Miller County Judge Chester 11. Wendl County Commissioner E, H. Taylor County Commissioner Itrport (if Condition nf ROGUE VALLEY STATE BANK of Medford. Oregon, at ihc close of business December 31, 1 11(10, a State' banking Institution organized and operating under the banking laws of this State and a member of the Federal Reserve Svstem. Published In accordance with a call made by the State Banking Authorities and bv tho federal Reserve Bank of this District. ASSETS Cash, balances with other banks. Including reserve balance, and cash Items In process of collection $1 355 :ll(l no United States Government obligations, direct and guaranteed 2,2!il.ii5l 01 Obligations of Slates and political subdivisions 410 114 10 Corporate stocks (including JR. 400.00 stock of Federal Re- serve Hank! S.400.00 Loans and discounts (Including $1,54(1 07 nverdrnltsl .: .. 2 217 2113 54 Bunk premises owned $44,049,116, furniture and fixtures $51.0115 77 011,044.43 Other assela 2,212 1(1 TOTAL ASSETS $6,300,105.15 LIAIIII.ITIKS Demand deposits of Individuals, partnerships, and corpora tions j- 71m nils, oi Time deposits of Individuals, partnerships, and corporations i,H.VV044 III Deposits ol United States Government (including postal savings) 1311 non 02 Deposits of States and political subdivisions , 1 20OCI70 54 'h'j;!.,"'?V!,",J.r.'U,.!.1.r'1 "nd officers' checks, etc 1 .MU114 41 ,,1A ;..',f:, osns $.wa.4,w.m Other liabilities 43 0.1(1 (10 TOTAL LIABILITIES ,. ,. , CAPITAL ACCOUNTS f apllar Surplus Undivided prollu . ' . . Jli.065.47l on 1 50.000.(10 .. 130.000 (10 43,633.411 , TOTAL CAPITAL ACCOUNTS $ 323.6.13 46 S?.TAV ''1ABIUTIKS AN" CAPITAL ACCOUNTS lil.3Hll.l03 15 This hunk's capital consists ol: Common slock with total par value of $130,000 00, .MEMORANDA Assela pledgcd'or assigned lo secure liabilities and for other purposes $1,657,510 11 (a) Loan; as shown dbove are sflor deduction of reserves 01 32 620 mi I. Glen M. Lusk, Asst. V A, Cashier nf the above-named bank. hereby certify that the aboe true to the best of in knowledge and nrllfe, e . Glenn M Lusk tttm m-i OS ,' ClnrenJ 11. Yoilnft ) . , lph r-. Plrrrrn I Du wtors. dm 'rank r. rsrrell j vl 0 lnt Counlv nf Jackson : w&aww Ann B Smllh Nn(i(rv My Commission expires ."in.v ,t, inrn. Oil rrrrnrrTrrTiTir? UHlilrl'MrlUt ;Mv3 l! - 1- n i p n k I "ik !j) cans Str"-" 'Am. Delicious, Economical Del Monte Foods! Del Monte Pineapple Tidbits 6ns$l00 Del Monte Sliced Pineapple Sli- 6eanS$l00 Del Monte Crushed Pineapple ! 6can,$l00 Del Monte Sliced Pineapple iAcB Del Monte . u . in i No-2 o $100 Fruit Cocktail . . . . , Del Monte Crushed Pineapple - J-oy No. 303 Cans Del Monte P'apple G'frt Sauce Del Monte Fruit Coctkail 14'2-OI. can cans 1 00 No. 2Vi can cans $100 I DEL MONTE PINEAPLE CHUNKS PINEAPPLE TIDBITS CRUSHED PINEAPPLE rMWgUlJg No. 211 Cans I cans J .,V,Vw:--'.Hj:-w j i w: - ti ir PINEAPPLE-ORANGE DRINK o PINEAPPLE-PEAR DRINK PINEAPPLE-APRICOT DRINK 46-oz. Cans REG. 41c for DEL MONTE RAISINS 15-ounce tXlhaf pie Carton Dessert Seedless RAISINS 2-lb. Bag 43c Save be Dessert Seedless RAISINS 4-lb. Bag 79C Save 14c Del Monte Seedless RAISINS Ctn. of 6-Reg. 21c-l'i-oi. pkgs. 3 for 59c lustre Golden Bleached RAISINS so, Pkg.-Reg. 2 for 39c Del Monte Dried APRICOTS ll-oi. Ctn. 59c Roeding-Black Mission FIGS -2-oz. Bag 29C Goody Goody Moist Pack PRUNES 1 -lb. Bag 49c DEL MONTE Santa Clara PRUNES 2 lb. ctn., reg. 79c C LARGE Santa Clara PRUNES LAMB SHOULDER ROAST Morrell's Pride SQUARE CUT 49 lb. TOP SIRLOIN U.S. D. A. Choice BONELESS GROUND BEEF Omul 9 TASTY MEATS DELICIOUS! PORK SPARER Eastern 6rii Fd o O O o- ml Armour Star Thick Sliced BACON 2-Lb. Package Save 5 ON YOUR FAVORITE BAKED BEANS with coupon in iptciallv marktd Dackaaet of FRANKS FRESH OCEAN CRABS CrtV f Thir Pin erf 0 ) q O MEDFORD MAIL TRIBUNE, MEDFORl9 ORE. THURSDAY, JANUARY 12, 1961 Keep a bit o' sunshine in your meals with fresh fruits and vegetables HEAD LETTUCE MED. SIZE TOMATOES Crisp, Clean from Arizona Heads For easy-to-eat vitamins-Don't worry about calo GREEN ONIONS RED RADISHES Adds a touch of spring! Firm, Ripe field grown FOR SLICING or SALADS Livens any meall LOCAL Boiling size So good in stews or with roast lJ ' 1 Ss' Campbell's jv ? All Varieties LI0"" 352. . . : VV ,'' 'V.v," except tomato S Zt'r ..V Lj; 0 cans I J$t tr&& SBW cave aa, ps SOUP and CRACKERS-PERFECT for lunch! ft- N.B.C. -v Sunshine ssffej 8 Crackers cKf 0ne Lb pkgs Crackers '5pJ 11 Qne poun(j packages f i -k. u wummw wn m yr it. k. it W IV0RY 'Jil i BARS k Hershey's Instant Medium size E cocoa ' r: II O Save 40c '- iv; cor iiiiiiisira crv l-rtj-w writ! TJtr rnfM'J INDIAN RIVER GRAPEFRUIT We feature a full line of sizes in this superb grapefruit both pinks and white and in plio bags! SNOSOY INDIAN RIVER Pink Florida's Finest $- for the II popular TOr II family size 6th and STORE HOURS: Open Every Night Until 9 P.M. Seven Days a Weekl Lots of FREE PARKING in Our Huge Lot! If you're not shopping at the Groceteria you're paying too much! ir Bakery Treats it fresh from our own ovens! All 29c Doz. Varieties COOKIES Lemon-Filled Cake . . . $1.19 Decorated Cakes oTca?ivr SPECIAL ORDERS ALWAYS WELCOMEDI We Are Always Happy To Cash Your Pay Check At GROCETERIA "Energy"-Liquid Detergent 22-oz. Can "Energy"-Blue Detergent Giant Size o Pillsbury CAK Makes Delicious Cake So Easily Choice of Yellow, White, Double Dutch, Chocolate Fudge, Caramel, Spice, Orange and Pineapple If Reg. $1.23 W Vr.,,zf PkgS. (yj aj SAVE 34c Pillsbury Frosting Mix 7 2 lbs.,6oz. Reg. 95c Fudge Caramel Vanilla Pkg. Th ARTIFICIAL noses BUD ROSE with tht purchss of KING SIZE IVQRY .LIQUID 99C Or T( Wit NT wn, jrchau of GIANi SIZC I IVORY 1 liquid 69c I A feature at Groceteria ! ran sHiiJlil C 3 Quotes Prom the News By United Press International Alliens, Ga. An unidentified white co-ed, voicing the sentiments of many of her fellow students over the Integra lion difficulties at the University of Georgia: "I just wish all of Ihis trouble would got over and w could get back to regular routine." Clewiston, Fla. Former President Herbert Hoover on America's need for great morality: ii This nation' fo"ndod in strength, will not decline or fall if we remedy the slump in morals with its trail of crime and corruption." Dania, Fla. Thomas Cronin, former butlur to Princess Margaret, who left her employ after words with Antony Armstrong-Jones.' "He's a nice boy but he's way out." Baltimore, Md.---Richard Cardinal dishing, praising Vice President Richard Nixon as the good will man of 1960: "Catholics alone nevnr rnnlrl Via.rA , - . .... the many little fires of prejudice which bitter history, half road facts, misunderstanding and human weakness created during the last twelve months." High Court Rules In Favor of City In Assessment Case Salem - (UPD - The Oregon supreme court Wednesday ruled in favor of the city of Salem in making a series of special assessments for street and sidewalk improvements. In an opinion by Justice Gordon Sloan, the high court tossed out a circuit court de cree which had declared the assessments void because of "irregularities" in the assess ment proceedings. The supreme court, how ever, said the cost of side walks within street and alley intersections could not be charged to the property own ers, and ordered the city council lo make the necessary adjustments. Other decisions: The supreme court upheld a lower court in dismissing a post-conviction appeal by Don ald Leroy Strong, an inmate of the state penitentiary. Strong s appeal concerned a claim for release from the prison. The court said Strong should use different methods in seek ing release. Custody Returned The court ordered the cus tody of his daughter returned to George A. Hendrickson, reversing a Marion county circuit court ruling that had given Mrs. Hendrickson cus tody of the child a year ago. In another case, the high court ordered a new trial for Donald Ray Gardner, who was convicted on a burglary charge in Lane county. The supreme court also ruled in favor of Lawrence Supove and Roy F. Sunder land in a claim for recovery of service fees for drafting plans for construction of a building in Albany. The supreme court decision reversed a lower court ruling in favor of D. V. and Cela Densnioor of Don Densmoor Chevrolet company. OSC Engineering, Science Programs Receive Money Corvallts - Six teaching arid research grants totaling $982, 100 have been awarded Ore gon State college the past two months, President A. h. Strand announced this week, and he pointed to the grants evidence of OSC s nation al icaaersnip in science una n)1 nt engineering." electronic ology, science education. chemistry, sanitary "engineer ing, and electrical engineer ing. They came from the U.S. Public Health Service and Na tional Science Foundation. Included are: $200,000 fo start construe- high - speed, giant "brain" computer The record grants to the in- and to establish a computer stilution will be for work in research center for the entire mathematics, oceanogrn p h y, molecular and cellular bi Majority of Poles AreRomanCatholics Warsaw - fUPD - An over whelming proportion of Poles are still Roman Catholics, the atheist weekly Fakty I Mysli admitted Wednesday. The atheist newspaper claimed 5.5 million of the country's 1D57 population of 28,51)5,000 have no religious beliefs. But 21,800.600, or more than 78 per cent, are practic ing Roman Catholics, records show. Of the 20-odd religious de nominations officially per mitted to function In Commu nist Poland, the Orthodox church has 413,000 adherents, the Evangelical Lutheran church 143,000, and the Polish National Catholic church 00,- 000. Another 300,000 worship pers belong to smaller sects. Laundries Largest Personal Service Jolict, III. - lUPn - Profes sional laundries have become tho nation's largest personal service industry, Willi an an nual sales volume of more lhan $1.0 billion, the Ameri can Laundry Institute said. The institute said the indus try processed more than five billion pounds of laundry a week - including a weekly average of more than 50 mil lion men's shirts. In sprucing up the nation the Industry yearly uses 150 million pounds of soap, 37 million pounds of starch and 050 million collar supports, state. This will be a joint pro gram of the departments of mathematics and electrical engineering. Ocean Research Vessel $100,000 to begin the first comprehensive inventory of ocean plant and animal life in waters off Oregon and to holn operate tho new ocean re search vessel, Acona, which will be completed by May. $110,000 for eradunte stiN dent training in molecular and cellular biology. The pro gram will bo directed jointly bv the Science Resnnrrh In stitute and the department of zoology. $107,000 lo exnand tpnoh. ins and research nrnizrams in sanitary engineering - water supplies, domestic and indus trial waste disposal, and air Sanitation. Rnnidlv Inernncino populations and larger cities arc intensifying such prob lems, the Public Health Serv ice noted in makimr tho grant. $285,000 to hold another academic -year Institute in 1961-62 for selected II S hlnh school science and mathe matics teachers. OSC was one of only 16 colleges initial ly picked by National Science Foundation to start the special institutes In 1056 and has been on the select list each year since then. $170,000 to conduct three summer institutes in mathe matics, chemistry, and science education. They will bo for high school and college teach- Hepatitis at Home Now Well in Hand Salem An outbreak of hepatitis at Falrvlew Home lias reached "epidemic propor tions," but nevertheless is now "well In hand," Gov. Mark Hatfield said Tuesday. He referred to 26 eases of Ihc illness that have broken out at the home since Jan. 2. Hatfield said State Health Department facilities had been called on to provide suf ficient gamma globulin to flglH, the ailment. 4-H News The Eagle Point Desert Pegasus met at the Dunn Ranch Saturday, Jan. 7, at 1 p.m. with 18 members pres ent. A new member, Shar'yn Spurgeon was Introduced. It was decided to have a program when movies and slides different parents have taken of the club will be shown. All past members of the Pegasus will be Invited to attend. Liiuruncc Noble reported the death of her horse that she had started 4-H with. She will be training a colt now to replace It. , Mr Tlunn led ;P discussion on the four steps. Rcgina and Leslie Kranm beal furnished refreshments, Laura Mai, Noble Reporter. ; O Cl 0