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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 20, 1961)
MEDFORD MAIL TRIBUNE. MEDFORD, ORE. MONDAY, FEBRUARY 20. 1961 A 5 SAVE HERE ON THE BIGGEST CHOICE OF THE LOVELIEST SPRING SWEATERS AND SKIRTS . . . day-in-day-out smartness can be yours at pin-money prices . . . so new for spring styles! You'll want all you can afford all! 5 t C 'Wecateirs tCfK 3' IRON GATE PENSTOCK Bob Dodson, top, and Dewey Core, both of Yreka, Calif., work on the wooden form to be used in the Iron Gate penstock opening. The form is square at one end and round at the nearest end. Iron Gate it the major power project on the Klamath River now Area Engineers Observe Week; Projects Noted Since this is national engineers' week, the. theme oi me iocai engineers migm well be "helping southern Or egon and northern California to grow." Engineers have a hand in such large scale projects as the Talent project now near lng completion near Ashland, the Rogue River basin project study, the new Highway 99 freeway slowly stretching through Jackson county, and the California Oregon Power company's Iron Gate project on Klamath river. Engineers have contributed on a smaller scale to such buildings as the remodeling for the. Mark Antony hotel in Ashland,,the new Standard In surance company building on East Main St., Medford, and the Jackson County Savings and Loan Company's new building on West Main st. On the city and county lev el, engineers have designed and supervised the construc tion, expansion and mainte nance of numerous streets, roads and bridges throughout Jackson county. . Since the Talent project Is nearly completed, the largest engineering project under construction in this general area is the Iron Gate develop ment on the Klamath river In northern California. The dam site is about seven miles downstream from the existing Copco No. 2 power plant. The compacted clay core earth-fill type dam will be about 173 feet above the stream bed and its length at crest will be approximately 683 feet. The re-regulating reservoir will have a capacity of 58,000 acre feet. The power develop ment when completed will provide power for seven hy droelectric plants with an es timated total capacity of about 315,000 kilowatts. 6 V being constructed by California Oregon Power company. National engineers' week commemorates engineers re sponsible for this project and similar projects throughout the nation. ; , foams SPILLWAY The Klamath River through the spillway opening on the left as the water is diverted around the main site to allow for construction of the Iron Gate dam. The truck in the center of the picture is working on the coffer dam at the tunnel entrance. The main dam will be built 173 feet high between the tunnel opening and the coffer dam. The new power develop ment will Include a fish lad der, holding tanks, pipe lines and egg taking facilities below the powerhouse. These facili ties will be constructed to state specifications and on completion will be owned and operated by the state. Engineers of the future, youngsters in high school, are now being urged to take ex tensive math and science courses to prepare them for the rapidly expanding "fron tiers of science, engineers pointed out. Nucleonics, high-speed com puters, space vehicles, elec tronic guidance equipment, solid state transistors, exotic rocket fuels, radio telescopes, modern steel and concrete structures all call for engi neers with an education in depth in mathematics and sci ence. The complex technology involved in creating and dc veloping these things makes' for rapid changes in engineer ing techniques, they noted. j You Can Rely r3'' Understanding jijjifls Help Mf$ff': If Pi IfsEKVICE if Bfil NOT IT Jffll COLD We $o conduct every fu neral as to leave endur ing memories of a beau tiful tribute, reverently expressive of eternal love and faith. PERL FUNERAL HOME CORNER SIXTH AND OAKDALE Spacious Parking lot MEMBER BY INVITATION sj n m is. TV1 t In the Day's News By FRANK JENKINS The business picture, as re ported from Washington Fri day: In January the Federal Re serve Board's index of indus trial production fell by one per cent to 102. Slumping au tomobile production contribut ed heavily to the industrial de cline. Factory, mine and util ity activity was only 2 per cent greater last month than in 1937, the base year for the index. Production slowdowns and layoffs caused the national in come to drop to an annual rate of $406.3 billion, the lowest since last June, Industrial ac tivity has fallen 7 per cent and materials are down 8 per cent. HPHE department of com -- meree reports that in the same period personal income dropped by $600 million to an annual rate of $406.3 billion. This compared with last Octo ber's record rate of $409.7 bil lion. The report adds that most of the January Income decline reflected a reduction in industrial payrolls. Wage and salary payments in manufacturing dropped at the rate of $400 million a year last month, while marketing payrolls were down $300 mil lion. (Larger payrolls in GOV ERNMENT and service indus tries partly offset these de clines.) Income of business and professional people dropped $200 million to the rate of $35.5 billion a year. And so on. The BUSINESS picture as reported by these government departments is a dark one. LET'S turn now to the stock market. The business wires tell us that Thursday the stock mar ket rally ROARED through its third straight session. Selected electronics and aircraft and missiles were strong as pros pects for more spending on space age projects was announced. Thursday's overall volume on the New York Stock Ex change was 5.07 million shares, compared with 5.2 million on Wednesday, add ing an estimated value of 1.9 billion dollars to the quoted value of stocks listed on the exchange. The American Stock Exchange equalled last Friday's tots! of two million shares, the greatest since the year-end session of Dec. 30, when turnover on the Ameri can Exchange was 2.44 mil lion shares. Prices moved gen erally higher. After three hectic days, there appears to have been a slight slackening of stock mar ket activity. At noon Friday (Eastern standard time) the Dow-Jones industrial average stood at 651.94, an up of .08. HMMMMMMMMMM. ' Business is DOWN. . The stock market is UP. '' WHY THIS paradox? This answer naturally oc curs: With the government an nouncing new and greater SPENDING every day, with the sky apparently the limit, and with the certainty that this new spending will go on the cuff, INFLATION looks like a sure bet. Good old in flation - with Its assurance that whatever you buy today will be worth more (in paper dollars) tomorrow. To the speculator, it looks like happy days are here again. Heart Research To Be Program Topic Current medical advances in the field of heart research will be reviewed at 6:45 o'clock today by Dr. Ralph Hibbs, president of the Jack son County Heart Council, during a special Heart Fund drive program over KBES-TV. Officials of the local drive who will discuss achievements of the American Heart associa tion are Don K. Auxier, gen eral chairman, and James W. Warinner, vice chairman. Mrs. Earl Johnson, Heart Sunday chairman, and five area chairmen will give de tails of the house-to-house can vas which will be eonducted next Sunday, and explain how Hcar't Sunday funds are used. Participating in the program will be Mrs. Lewis McLaren, Mrs. Duane Richardson, Mrs. Frank Wilson, Mrs. Otto Frohnmaycr, and Mrs. Elliott MacCrackcn, Ashland. The Shadows vocal group will also appear on the 15 minuta program. L Y 7 n) Vlt'il'WUIl I Lovely, Luscious All the new pastel shades in Cardigan an Pullover ... so lovely for spring. '16.98 and 17.98 Values r i r t n BEAUTIFUL FUR BLENDS Popular fur blends in lovely new spring pastels, both cardigans and pullovers. s10.98 and ;1 2.98 Values CARDIGANS and PULLOVERS-Sizes 38-40 khts Brand ntw spring tweeds, flannels, in flared, pleated and straight stylet to mix and match with your favoritt sweater styles. Values To M1.98 Values 12.98 to 14.98 o 0 Vr u m Values s15.98To $17.98 'el -LOOK AT THE SAVINGS!-, SAVE MORE BY BUYING TWO! - EXAMPLES Regular Price SALE PRICE! FOR BOTH! YOU SAVE! Sweater Skirt Total $16.98 ff, 33.96 190 5406 Sweater Skirt Total $12.98 12.98 25.96 17 90 106 Sweater Skirt Total $10.98 A 10.98 J 90 106 21.96 112 EAST MAIN STREET Next Deor to Robinson Bros. n
