).
Ma
Rogue Valley Edition
MEDFORD
MEDFORD, OREGON, WEDNESDAY, MARCH 8, 1961
Speculative Fever
Fans Stock Market
New York-U?D-SDeculatlve
fever fanned a lively and ir
regular stock market today
with low-priced issues ana
special situations scoring some
impressive gains.
Industrial and rail issues
comprising the Dow-Jones av
erages were in the doldrums,
having to wade through some
mild profit-taking. Coppers
and chemicals were weak,
steels and motors mixed.
Strong upside movers In
cluded Litton, Beckman, J. J.
Newberry, America.
DOW-JONES AVERAGES
New York - 0JPD - Dow
Jones final stock averages)
30 industrials B66.15, off
0.99; 20 rails 42.24, off 1.38)
15 utilities 108.28, up 0.28;
65 stocks 222.97 off 0.47.
Sales today were about 5.91
million shares as compared
with about 5.54 million
shares Tuesday.
Today'! prices on selected stocks:
Allied Chemical S7
Alum Co. Am 76
American Can - 37 H
American Motor! ............ 17tt
A T Sc T 114
American Tobacco 71 ',4
Anaconda Copper .. so
Armco Steel ..
13K
Bendfx Corp
64 ',
4511
41 ',i
Bethlehem Steel .
Boeing Air
HrunswicK
74
Caterpillar Corp. 34 V
Chrysler Corp. 43,i
Coca Cola . BS'a
ConUnental Can 38
Crown Zcllerbach 86'
Curtlss Wright ...... IB 14
Du Pont ail
Eastman Kodak 116
Firing
Page 2A
tribune
Firestone
39
Ford
78?i
General Electric . 6B
General Foods 78
General Motors u .. 4',i
Georgia Pacific SOU
Graham Paige ...
Greyhound 32 !1
Gulf OH 37'i
Idaho Power 53
I. B. M ....681
Int Paper - - 3314
Johns Manvllle 64
Kennecott Copper 83
Lockheed Aircraft 34i
Merck 87 ?
Montana Power .. 34
Montgomery Ward . 31
Nat'l Biscuit 80V
New York Central 19 !i
Northern Pacific 4414
Pac Gas Elec S04
Penney J. C . , 4014
Penn HR ....... . 13"$
Phillip! 5B,
Proctor and Gamble 149
Radio Corporation (xd) u 58
Safeway .. 43
Sears - 58,'
Socony Mobil Oil 43 V,
Southern Co 30
Southern Pacific . 22
Sperry Rand , 25
Standard Indiana ; 4714
Standard N. J .... 44
Sun Mines 8
Texai Co 101
Texai Gulf Sulfur .. 21
Texas Pac Land Trust 20
Transamerfca 32
Tram World Air 18
Tri-continental 41
Union Carbide 123
Union Pacific 31
United Aircraft 39
United Air Lines 40
U. S. Rubber 50
U. S. Steel 87 "4
Westlnghouie 48
SCHOOLS CLOSED
By United Press International
A heavy, driving snowstorm
tangled traffic and closed
hundreds of schools in the mid
west today, and a tornado cut
a violent swath across Ala
bama and into Georgia.
'' 1
ft. .! . , , j . ;
t ' Mrs v: ' " 1; 3 '
jetclcet dresses work overtime
Spring '61: The Jacket Costume, fashion's first love plus the surprise of
Wonderfully versatile ... in navy, black, beige, green or hot pink.
Squads
Boivin Orders Speed
By Education Committee
Salem-OIPD-Senate President
Harry Boivin issued a speed
up Tuesday to the Senate Ed
ucation committee, which
agreed to "shoot for final ac
tion by March 22' on priority
school support and community
college bills.
Boivin said this would mean
the Senate could act on the
bills and send the approved
measures on to the House in
an effort to aim for adjourn
ment "the latter part of
April."
This would be close to a
100-day session.
Boivin, in an unusual
appearance before the
committee, said the Senate
should clear its decks of all
major legislation originating
in the Senate in order to de
vote full time to bills that
will be passing the House in
increasing numbers.
Heavy Schedule Set
Sen. Monroe Sweetland,
chairman of the education
committee, set a heavy sched
ule for the next two' weeks,
including a night meeting
March 15:
Boivin predicted the Ways
and Means committee, now
working on the large budgets
in Gov. Mark Hatfield's pro
posed $359 million spending
plan for the coming biennium,
will have completed Its major
work by mid-April.
The Education committee
approved several bills, includ
ing measures to provide edu
cational television for Oregon
classrooms, and programs for
gifted and handicapped chil
dren. 24
95
Execute 5 Convicted Revolutionaries
Since the bills call for
funds, they will have to go to
Ways and Means.
The House Labor and In
dustries committee heard testi
mony on a Senate-approved
bill to provide state-run ma
Underworld Tripped
Peugeot Kidnapers
Paris - (UPD - The Paris un
derground put the finger on
the kidnapers of little Eric
Peugeot because gang land
bosses were outraged at such
a crime, a police source said
today.
Udall's Brother
Wins in Arizona
Tucson, Ariz. - (UPD - The
politically magic name of
Udali has scored again in
Arizona, this time in a special
congressional primary.
Morris K. Udali, 38, young
er brother of Interior Secre
tary Stewart Udali, won the
race Tuesday to select the
Democratic candidate to face
Republican Mac Matheson in
the campaign for the seat
Stewart vacated in the U.S.
House of Representatives.
Morris defeated five other
Democrats with ease. Mathe
son took the GOP nomination
without opposition.
Udali and Matheson meet
May 2 in the second district
special general election.
chinery for labor elections to
determine bargaining agents.
Chairman W. O. Kelsay (D
Roseburg), said the bill prob
ably will be approved soon,
with possible minor amendments.
"In France, contrary to the
case in America, kidnaping
had been practically unheard
of before the Peugeot case,"
the source said.
. More than two months ago,
an informer who appeared to
have been sent by the Paris
underworld advised detectives
to check on Pierre (Handsome
Serge) Larcher, 38, a petty
crook with a penchant for
wine, women and song.
As a result of an intensive
police Investigation, Larcher
and an accomplice, Raymond
Rolland, 24, were arrested on
charges of kidnaping the
young heir to the Peugeot
automobile fortune.
Eric, who was then four,
was snatched from an ex
clusive golf club near Paris
last April 12 and returned two
days later after his father paid
$100,000 ransom.
Larcher and Rolland, who
used to be an actor in the
provinces and preferred to be
known as "Roland de Beau
fort," were caught in a police
dragnet Sunday while whoop
ing it up at a resort in the
French Alps with their girl
friends.
color!
Total Number
Killed This Year
Raised To 19
Havana (UPD Prime Minis
ter Fidel Castro's firing
squads today executed five
Cubans convicted of "counter
revolution ary" activities
against his government.
The executions, carried out
at dawn, raised to 19 the total
number of anti-Castro Cubans
put to death since the begin
ning of this year.
They came as the Castro
regime faced mounting at
tacks by terrorists in various
parts of the island.
Four men were shot in Ha
vana by firing squads at La
Cabana Fortress Prison.
Another was executed at the
same time in Pinar Del Rio.
The first two to die this
morning were Jose Rodriguez
Linares and Apolinar Zayas
Damas, found guilty of setting
a city bus. afire last month
while masquerading as Cas-
troite militiamen.
The other two men executed
in Havana were Radames A.
Cazata and Bienvenido I.
Cruz, convicted of planning to
blow up a telephone installa
tion. Cazata was a former
member of Castro's Dier (se
cret police). He and Cruz were
seized with a supply of arms
and explosives in a comman
deered telephone truck.
In Pinar Del Rio an army
firing squad shot Rey Espi
nosa, charged with planting
bombs in the nationalized cop
per mine at Mathambre. An
gel Venereo, convicted with
Espinosa, was also sentenced
to death but an appeals court
instead ordered his imprison
ed for 30 years.
A spokesman for the anti
Castro MRR organization
scoffed at the government's
claim that it has "virtually
smashed" anti-Castro guerrilla
resistance in the Escambray
mountains of central Cuba.
The MRR spokesman esti
mated there are still 4,000
anti - Castro guerrillas oper
ating in the Escambray re
gion. He said they have in
flicted more than 1,600 casual
ties on government militia
men while suffering "very
few losses" themselves.
School Budget
Committe Meets
The Medford school district
budget committee last night
started its preliminary dis
cussions on the 1961-62 fiscal
year budget and elected offi
cers.
The preliminary budget is
expected to be ready for the
committee's consid e r a t i o n
later this month. Dr. Leonard
B. Mayfield, superintendent,
and his staff are in the pro
cess of preparing it.
Last night's discussion cen
tered chiefly on the teachers'
salary schedule. Teachers'
salaries comprise about 70 per
cent of the district's total ex
penditures during the year.
The schedule will be dis
cussed at a later meeting after
the preliminary budget has
been prepared so committee
members may view the sched
ule in light of the overall
budget.
P. G. Humphreys was re
elected chairman of the com
mittee and Mrs. Thomas Eaton
was reelected secretary. H. D.
Christensen was elected vice
chairman.
Other lay committee mem
bers are Robert Minear and
Louis Strnube. Other commit
tee members are school board
members - Ed Branchfield,
Otto Ewaldsen, Keith Hocker
smith, Frank C. Bash and Wil
liam A. Barker. Bill Edwards
is an advisory committee
member.
Engineer, Court
Check County Roads
County Engineer Robert
Carstensen said today he and
the county court have one
more day of road surveys be
fore compiling a list of roads
and bridges to be Included
under the new year budget.
County road crews are
making an 89 foot deep cut
on the Evans Creek rd. at By
bee rd. to allow for realigning
and regrading, Carstensen
said.
Regrading and reballasting
is being done along two
miles of the Applegate rd.
from Ruch to Little Apple
gate. This Is in preparation
for a high type of pavenvnt
this summer, under the fed
eral aid program, he said.
County crews are also
clearing brush along part of
Evans Creek rd. for anticipat
ed grading this summer.
Road crews are now clean
ing up rock and debris from
blasting at Kork point to
widen the approach to Mc
Leod bridge. This Is to make
negotiation of the turn and
approach of the bridge
easier for logging trucks.
Pilot of X15 Sets
World Speed Record
Edwards AFB, Calif. -flJPD-
The pilot who flew the X15
rocketship to a world speed
record of better than four
times the speed of sound said
today he is convinced the ex
perimental craft can take him
to the brink of space.
Air Force Maj. Robert
White streaked above the
desert at more than 2,650
miles an hour Tuesday in the
first National Aeronautics and
Space Administration test of
the X15's 640,000-horsepower
rocket engine.
"I believe now we will
probably reach our design
goals without any difficulty,"
said the 36-year-old pilot after
the record flight.
Housing Loan Okayed
Washington-fllPD-Sen. Wayne
Morse (D-Ore.) said today the
Community Facilities Admin
istration had approved a col
lege housing loan of $231,000
to the University of Portland.
NOW YOU KNOW
United Press International
The wing beat of the
midge forcipomyia has been
timed at 57,000 beats a minute.
FREE - 16th ANNIVERSARY
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Over $400 worth of FREE merchandise.
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i
XNi).A35
Goals of the $125 million
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first maximum performance
flight is scheduled for some
time this summer.
Temperatures on the leading
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700 degrees on White's eight
minute speed run over this
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heat-resistant paint on the
craft's nose and tail.
Those temperatures are hot
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the special alloy Inconel X
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