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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