Medford mail tribune. (Medford, Or.) 1909-1989, April 27, 1961, Image 33

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TORNADO COMING The funnel shape of the tornado down, windows smashed, chimneys toppled and roofing
that swept across central Indiana is pictured as it ap- torn apart- wherever the-twister touched down. s '
proached Connersville. Power lines and trees were blown ;; - ..... ,. (UPI Telephoto)
Medford
, K A TT
Tribune
SECTION E
MEDFORD, OREGON, THURSDAY, APRIL 27, 1961
PAGES 1 to 8
College Admissions Center
Offers Assistance To Students
By LOUIS CASSELS
UPI Correspondent
Thousands of high school
seniors will be plunged into
despair during the next few
weeks because they have been
turned down by the colleges
to which they applied for ad
mission. What do they do now?
Abandon hope for higher ed
ucation? Or frantically mail
out applications to other
schools? ' -
They need not do either of
those things. Instead, they can
register with the college ad
missions center at Evanston,
111., and be fairly certain that
they will find a welcome from
at least one, and probably sev
eral, reputable colleges.
" The center was established
two years ago, by the associa
tion of college admissions
councelors. Its function is to
bring" together -students who
are seeking admission to col
lege, and colleges which are
seeking students.
. There are more of the lat
ter than is commonly real
i izad., ,' - ' :
Number Rises Sharply
Although the number of
young people seeking admis
sion to college has been ris
ing sharply in recent years,
we have not yet reached the
point where our higher edu
cation system is filled to ca
pacity. Big-name colleges are
swamped with applicants, but
there are hundreds of good
schools which have room for
more students, and which
would 'like to have more
qualified applicants.
. The' college admissions cen
ter has proved highly success
ful as a "match-maker" be
tween students and colleges.
During its first season of
operation, from May 1 to Sept
1, 1959, it registered 1,791
students, and over 97 per cent
of them had college oppor
tunities opened to them.
Last year, 2,387 high school
graduates'Teglstered with the
center, and more than 99 per;
cent received invitations to
apply to at least one college.
: The average registrant was
contacted by 12 colleges, and
a third of the students heard
from 20 or more schools.
Registration Fee Charged
The . center is a non-profit
organization, and its only
charge to students is a $1Q
registration fee.
-Each- registrantTriust 'sub
mit his high school transcript,
including course record and
personal, ratings, and a per
sonal photograph.
: College admissions officers
come to the center and ex
amine the credentials of the
registrants. Then each college
makes direct contact with
students who seem to meet its
qualifications. In many cases,
the colleges will ask for ad
ditional information froni the
student. , . .
Last year, admissions offi
cers of 149 colleges and uni
versities used the center. Most
were co-educational liberal
arts schools in the midwest,
Slumping Car Sales
Mean H eavy Losses
In Federal Revenue
Detroit -0IPD- .When the au
to industry stubs its toe, the
pain is felt alb the way to
Washintgon.
Such is the impact of the au
to industry that slumping car
sales mean an immediate and
possibly heavy loss of reve
nue for the federal govern
ment. In 1960, for example, the
government collected nearly
$4.5 billion in federal excise
taxes on the auto industry.
Thnti'wafi a near record vear
for the industry. This year is
not, despite a recent sales up
turn. Because of t h e recession,
new car production in 1961
is running 40 per cent behind
the pace set in 1960. Conse
quently, the federal excise .tax
collected about $175 to $200
per car will be down, too.
Governments Feel Pinch
State governments may also
feel the pinch. Last year they
collected $5.3 billion in taxes
from the car and truck own-
ers. The lion's share, $3.4 bil
lion was for gasoline taxes.
But $1.9 billion went for
motor . vehicle . registration
fees, and this presumably
would be affected by a drop
in new car sales.
The American Manufacur
ers Association (AMA) reports
that some states such as New
Jersey, New : Hampshire and
Nebraska, derive nearly half
their tax money from special
car taxes. Overall the national
average is about 29 per cent.
Lumping together all the
taxes federal, state and lo
cal the AMA estimated a
record $10.6 billion was paid
out in special motor vehicle
taxes last year.
This includes $314 million
in special- city and county
fees for such things as car
stickers and parking meters.
Another $514 million was
paid in special tolls on tun
nels, turnpikes and bridges.
"The AMA figures are con
tained in a just-published as
sociation booklet, "Automo
bile Facts and Figures for
1961." .
26 Cents for Taxes
The booklet reports that
taxes take 26 cents of every
dollar included in the deliv
ered price of a new car.
Thus, according to the AMA,
if a Michigan resident paid
$2,500 for a car in 1959, the
price would have included
$662 in taxes.
Some industry leaders have
urged elimination of the ex
cise tax as a means of help
ing the country out of the re
cession. The leaders feel that
if the excise tax were trim
med, new car sales would
climb because prices would
be lower.
The tax was originally adop
ted as an emergency measure
in World War II. It was in
creased at various times and
reached its present 10 per
cent "temporarily" during the
Korean War. v.
Gasoline Price War "
Reaches Klamath Falls
Klamath Falls UPD The
gasoline price war has reach
ed Klamath Fall and prices
of regular gasoline dropped
for the first time since World
War II.
Prices dropped to as low as
28.9 cents a gallon for regu
lar. The normal price is 36.9
cents for regular and 42.9
cents for premium.
but virtually every "type of
institution, in every section of
the nation, was represented.
Lower Half of Class
A breakdown of the stu
dents who found college open
ings through1 the center last
year shows that over half of
them ranked in the lower half
of their high school graduat
ing classes, and one fourth
were in the bottom quarter
of their classes.
The center operated during
its first two years in tempor
ary quarters at a high school
in Northbrook, 111. with the
demand for its services grow
ing rapidly, it moved early
this year into a new head
quarters ' on Chicago's ' north
Shore. , 'A-;.
The address is: ' i fi v
College Admissions Center,
North, Shore Hotel, Evanston,
111. '
Larger; Liquor ;
Fund Share Asked
Salem -(UPD-Cities and coun
ties Wednesday asked for a
bigger share of liquor .reve
nues, to use in dealing with
problems . often caused by
drinking.
. Portland City. Commission
er William Bowes told a Sen
ate committee ,half . of ' the
city's police budget is. .spent
on problems linked to liquor.
"The liquor industry owes
an obligation to cities to re
imburse the cost caused by the
liquor industry," Bowes said.
The testimony ' came on
bills to increase cities' share
,of liquor revenues from 10 to
15 per cent, and to give coun
ties 10 per cent. , .........
Gov. Mark Hatfield has en
dorsed: the increase,- which
would come.to about $2.5 mil
lion for cities and counties.
James A. Harrison, Coos
county judge and president of
the Oregon Association of
Counties, said cities and coun
ties must have more money to
meet their share of new and
expanded programs approved
by the legislature, as well as
existing costs. 1 ' ..' -1 -
Investments in Real Estate
Ventures Catch Public's Fancy
By HENRY J. BECHTOLD
UPI Financial Editor
- New York UPB Investment
in real estate ventures have
caught the public's fancy.
Last year
alone nearly
$400 million
in e q u i t i es
were offered
by 85 corpora
tions in the
field. These
shares are
traded on the
New York and
American
Bechtold
also
Stock Exchanges, and
over-the-counter.-
This definite trend backs up
the president of H. R. Weiss
berg Corp. who feels that real
estate is the best medium of
investment in the country to
day in terms of yield, tax
shelter, and as a : hedge
against inflation. -.
Helped By Reverses
Herbert R. Weissberg noted
that interest in real estate as
a medium of investment in
variably is stimulated by defi
nite reverses or advances in
the national economy.
He attributed this to the
trend in real estate values
which increase at a greater
rate than dollar purchasing
power during inflation, but
shrink, less in price during re
cessions. .Weissberg said his firm
utilizes a new concept in the
field of hotel real estate that
should virtually eliminate the
word "speculative" from "real
estate investment.
Dealing exclusively in
hotels, the publicly - held
Weissberg firm has managed
to attain an unusual degree of
security for its operation by
leasing out the operating
franchises of five of its prop
erties ' to hotel management
firms. '
- This,' Weissberg said, has
given the firm the advantage
of a guaranteed fixed annual
income from the rental fees
paid to it by this group. In
addition, the operators are
responsible for maintaining
and improving the properties
they manage.
In effect, Weissberg ex
plained this produces a de
sirable investment situation
in which the book value of the
physical assets is depreciated
at the same time their actual
value is appreciated through
improvements and additions.
Widely Used Plan
A veteran hotel man who
has been involved in the fi
nancing, operation and evalua
tion of more than 150 hotels
throughout the East, Weiss
berg said he adopted the lease
cut technique to the firm's
operation to provide maxi
mum protection for its inves
tors. It now is in effect at the
Lord Baltimore Hotel in Bal
timore; the Paramount, Brit
tany and Winslow Hotels in
New York, and the Montmar
tre Hotel in Miami Beach.
in addition, the company
directly operates what it calls
two extremely lucrative prop
erties, one in New York and
American Can
Plants To Open
Pdrtland-(UPI)-The Ameri
can Can Company opens new
plants in Astoria and Eugene
Friday which will about
double the firm's annual
statewide output.
William Hatfield, district
manager for the firm, said
opening of two plants on the
day was believed to be a
Northwest "first" in terms of
new units simultaneously add
ed by a national industrial
firm. -'.
Gov. Mark Hatfield will de
liver a special message via
leased wire to luncheons in
both cities. State Treasurer
Howard Belton will be in Eu
gene and Dan P. Allen, ex
ecutive secretary of the State
Committee on Natural Re
sources, will be in Astoria.
The two plants will bring
the firm's annual statewide
output to 400 million cans.
The f irm s existing plant in
Salem now produces about
200 millions cans.
Initial employment at each
plant will be about 25 with
eventual expansion to pos
sibly 60.
About a mile of seven-foot
tunnel was made under the
English Channel in 1881.
Plans are now being made for
a 23 ' foot double tunnel to
carry electric trains. It could
be completed in about five
years at a cost of something
over $300 million.
M. & M. MARKET
So. Stage and Griffin '
Roads Medford
lbs.
19
one in Fort Worth.
As a result of this combina
tion of high Income operating
and non-operating positions
the c o m p a n y anticipates
profits, before depreciation
and amortization, of nearly $2
million for fiscal 1961. Of this
amount, approximately two
thirds will - come from the
firm's' leased-cut properties.
Weissberg feels that the fu
ture of the corporation de
pends on its continued acqui
sition of both operative and
non-operative hotel properties.
Duncan Appoints Study Committee
Salem : (UPD House Speaker
Robert B. Duncan Wednesday
appointed a special committee
to study SB502, the measure
to bar farm picketing during
the peak of harvests.
It was the first time this
session he has ordered a spe
cial committee.
The bill passed the Senate
Tuesday 23-7.
The committee includes
Reps. Cornelius Bateson (D
Salem), - Ben Evick (D-Mad-
After several generations of
e x p e r I mentation scientists
have at last successfully syn
thesized chlorophyll.
ras), Joe Rogers (R-Independ-ence),
W. O. Welsay (D-Rose-burg),
Ed Whelan (D-Port-land),
and Sidney Leiken (D-Roseburg).
$7,634,00 Available ;
For Forest Protection
Salem -U1PD- The State" For
estry Department said Wed
nesday more than $7,634,000
was available for forest pro
tection during the coming fire
season on 15 million acres of
land under its jurisdiction. -
Some $6.2 million has been
budgeted with the rest avail
fighting funds. .. .
ooo oooooo
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O MORE TO SAVE MONEY
Saturday, April
29
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Rig. to 29.95
ALUMINUM
Screen Doors
with Kick Plata and
. : i Hardware
Sizes 2-8 12.99
Sizes 3-0 12.99
Valua 29.95
HIRSCH-WEIS
3-LB. DACRON
Sleeping Bag
1588
Now
Reg 6.50 '
H"xl00 Faat Coll
Plastic Pipe
Only M no
Reg. 18.95 'SKIL'
PORTABLE .
V INCH
Electric Prill,
With Jacobs Chuck1:
too
M Now JL
Coil
122
MEX
INSULATED
WIRE CABLE.
250 Ft. In Box
Rag. 12.35
Now 988
Box
Rag. 2.95 Gal.
GENERAL PURPOSE
EXTERIOR INTERIOR
WHITE PAINT
199
Gal.
HUBBARD BROS., INC.
RIVERSIDE AND MAIN
PLENTY OF. FREE PARKING
MEDFORD
oooooooo
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6
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6
o
r WDUlDams
Williams' Bread ... a good name
to go buy. . . ! Why? Because you'll
never buy better bread. Williams'
Bread is strong on nutrition... peak
freshness ...a delightful fresh bak
ing day flavor. Williams' Bread is a
good name to go buy!
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