MEDFORD MAIL TRIBUNE. MEDFORD, ORE.
MONDAY, FEBRUARY 20. 1961
A 5
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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)
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Sweater
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190 5406
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$12.98
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90
106
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Total
$10.98 A
10.98 J
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106
21.96
112 EAST MAIN STREET
Next Deor to Robinson Bros.
n