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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 25, 1962)
Stock Prices Go Higher During Early Trading New York-Wli-Stocks inch i rd higher during the early hours today. Electronics were about the strongest group with IBM. the recent heavy loser, up more than 3, and Bcckman, Bur roughs, Litton, Minneapolis Honeywell and RCA each up a point or more. Motors found good support in Chrysler and Ford, each up about 1 following news that auto assemblies this week will run 20 per cent ahead of the similar 1981 period. Steels firmed and chemicals were narrowly mixed. Drugs, foods, stores, air crafts, oil -and cosmetics all participated in the advance, Utilities were about the only weak spot. Stocks dropped to new lows for the year Thursday as heavy selling developed for the third consecutive session 1 l a. i , - - - 1 Sir "J? DOW JONES AVERAGES New York - llll'll - Dow Jones final stock averaqei: 30 industrial! 622.56, off 3.96: 20 railroads 131.97, off 0.80; IS utilitiei 117.06, off 1.43, and 65 stocks 215.52, off 1.64. Sales Thursday were about 5.25 million shares compared with 4.45 million shares Wednesday. Thursday's prices on selected atnrks: Allied Chemical . . American Air Lines American Can American Motors .... AT&T. American Tnhaeco .. Anaconda Copper ... Armco Bendix Corp .. Belhlelienl bleel . Hoeing Air : Brunswick Caterpillar Cnrp Chrysler Corp . : Coca Cola r.ns Continental Can , Croun Zcllerhach Cruct.Me Steel Curtira Wrmht Dow Ciicmical Du PoitJ Eastinnn Kodak Firestone Ford General Electric (General Food ..... General Molvirs Ocorcin Pacific flrevhniind Gulf Oil Jlomcstnke , Idaho Power I B.M lnt Paper Johns Manvllle . Kenncv'Oll Copper ixd) ... Lockhocd Aircratlt Martin Co. Merck ... Montana Power Montgomery Ward National Biscuit New York Central Northern Pacillc Pac Gas Elec Penney J. C Penn RR Perma Cement Phillips Procter A Gamble Radio Corporation Richlield Oil .. Saleway Sears ..... Shell Oil .." Sotony Mobil Oil .Southern Co Southern Pacillc Spcrry Rood . Standard California Standard Indiana Standard N. J. Sun Mines Texas Co Texas Gull Sulfur Texas Pacific Land Trust Thiokol Trans-America Trans World Air Trl-Cunlincnia! Union Pacilic Vnlted Aircraft United Air Lines . U S. Plywood US Klihhcr 1! S. Steel West Bank Corp WoslinKhinisr .. 40' .. Ill .. 42 .. IS ..115'.. .. .iJ, .: 43i, .. SB .. BO .. .in .. 4(Pa . 2!'. .. 34a. .. 46 1, .. at "4 . 37, . I4 ... IBij .. so. 215', ..I III Is .. :in .. Bfi'i .. (17 '4 .. 70H .. sot, .. 40'j .. 27 , .. :i7'. .. SI'v .. am., .3118 . an .. 40 . 73, ... 43', ... 2D'. ... 7(l'.4 ... M .. 30l4 ... 3A , 30', . 43'j . I3, . IS'. . 4B ', . 74 ', . !tl . 37', 47!, . 73 ', , "' m, -in 2fl S3'. 74 2111, . 42 47 S4 ' , .!', Subscribers To report improper or non delivery ot the Mull Tribune tn Mfdlord. phonr 7726141: Abh Idiid c.il! at 1 2 J4 Iowa at. or nlioiu 4H-:t(H)J: Montagur and Yreka. phono Globe 0-3171, br tore '4.1 p in, daily and 10.30 a m Sunday 11 rcguliir He livery arrtvei shortly alter you i-all plm.tt nolily oftirr. thin ehn.lnallii ipntal nichserncr icrvice. MISSILE, SILO WRECKED A fuel explosion and fire wrecked an intercontinental Titan missile and its under ground launching silo at Chico, Calif., Thursday, sending 63 men to hospitals for treatment and smoke inhalation. In the above picture smoke pours from the silo behind crumpled corrugated steel, blown down by the explosion. The Air Force has begun an investigation, which will cover operational procedures as well as the cause of the blast. tUPl) Texas Rangers Look for Killer in Estes Case-lf There Is a Killer Franklin, Tex. -IUPH- Texas Rangers and local' law en forcement officers searched today for the person who may have killed the man who was investigating Billle Sot Estes. There may be no such per son. A medical examiner's re port said that Henry H. Mar shall, who was looking into Estes' cotton allotment deals, probably was murdered. But the report left open a slight possibility that Marshall com mitted suicide. If he did, no man ever worked so hard to destroy himself. State officials Investigating Marshall's death were un happy today because the De partment of Agriculture and the Justice Department re fused to turn over a complete copy of a 175-page report en titled "Billle Sol Estes." . The Justice Department said portions of the report dealing solely with Marshall could be turned over, but not the com plete report. "This .tury (the grand jury investigating Marshall's death) would prefer to see the whole file and make its own de cision as to what Is malcrial to this investigation," Stale Ally. Cen. Will Wilson said. The story of the collapse of Estes' multi - million dollar business empire still is un folding, but it is going to be difficult to match the story of the strange death of Mar shall, lie was lite U.S. Agri culture Department employee who was found dead tin his rancn near i raiiKiin lasi June, tic lie nan been snot live tunes witli a 22-calibre boll-action rifle. Local authorities con ducted a liasly investigation -no attempt was made to get fingerprints off the rifle- and Marshall s death was pro nounced a suicide. When what Esles tailed his "house of cards" collapsed, people began thinking about Marshall. Members of his family, convinced he had been murdered, demanded a new investigation. Thursday the results of that Investigation were made public. Dr. Joseph Jachimcyzk, medical examin er and a noted pathologist, found after conducting an au topsy on the disinterred body: -According to the medical and chemical probabilities, it was a homicide, but he did not rule out the possibility that it was a suicide. -Marshall was shot five times in the abdomen and fottr of the bullets came out of his back. The fifth bullet was never accounted for. All wounds were "possible con tact or near contact," meaning that the rifle was held close to Marshall. -The blood carried an esti mated 30 per cent of carbon monoxide. Between 35 and 40 per cent is lethal. -Marshall suffered a blow on the left side of his head of sufficient force to incapacitate him. There was a cut over his left eye. , Members of Marshall's family were Incensed when Thursday's medical report left the door open to suicide. Their question was how U. S. Naval Academy Revamping Ordered Washington HT11 -Navy Sec retary Fred Korth Thursday ordered a major revamping of tlte faculty at the U.S. Naval Academy. The order called for ap pointment of an educator of national stature to serve as dean of academies at Annapo- and for the gradual re- Committees List Campaign Expenses Salem lUPIl The Mors campaign committee spent $18,843 to help get Sen. Wayne Morse (D-Ore.) nomi nated in last week's primary election, according to a re port filed with the Slate Elec tions Division today. .The committee listed a to tal of $20,367 in contribu tions, meaning It had $1,524 left over after the campaign. The reelect Edith Green committee listed only $310 in expenses in the successful campaign that renominated Rep. Edith Green (D-Ore.) in Oregon's third district. The committee to retain Tax Judge Peter Gunnar showed expenses of $3,474 in its successful job of electing Gunnar as Oregon's first slate tax judge. Monday is the deadline for all campaign committers to file their campaign expense reports here. The deadline for expense report filings by in dividuals is June 1. Richard Frank Estate Set at $1.3 Million Portland - 'UN' - The late Richard S. Frank, vice presi dent of Meier and Frank Co., left an estate of $1.3 million. an inventory filed in circuit placement by civilians of 170 court here Thursday showed, officer instructors on the lac-j Frank died of cancer March ully. Ill) afler a long illness. Regional Edition ttiTmiy'Ti PAINT UP WITH THIS MONEY SAVING FINISH 1 v. '-ATEX Ferro-Bond LATEX WALL PAINT MedfordHTribune MF.DFORD. ORKGON. FRIDAY, MAY 25 Easy lo Apply wilh Brush or Roller Drill in 1 Hour. Easy Clean-up with Soap and Water After Painting. No "Painty" Odor smmun smusi 4ft .Wa mm a L. I s -..'J EM IS ll Foreign Briefs SALINGER PLANS TRIP TO MEXICO Mexico City- ITI-Presidcntial Press Secretary Pierre Sal inger is expected here on Memorial day lo begin arrange ments for President and Mrs. Kennedy's visit June 29-July 1, it was reported today. FANFANI SCHEDULES VISIT TO TUNISIA Romc-'ll'l-Ilslian Premier Amintore Fanfani will visil 1 Tunisia June 7 9 at the invitation of President Habib Bour I gutba, it was announced here Thursday. v ISRAELIS SIGHT WAR SUBMARINES ' Tel Aviv-ll'I'-The Israeli newspaper Maariv reported Thursday that Israeli fishermen have sighted three United i Arab Republic submarines in the Mediterranean off the Gaia Strip. BRAZIL OFFERS HAVEN TO CHINESE Rio de Jnneiro-'H'I-Brasil joined the United States today in offering hsven to some of the thousands of hungry refugees streaming into Hong Kong from Red China. SWITZERLAND MAY SACRIFICE ADVANTAGES Bern Swilierland-tl'IFederal President Paul Chaudet said Thursday Swilterland may be forced lo sacrifice the advantages of European integration to safeguard its tradi tional neutrality. Chaudet said Switzerland is wiL.ng to give up material advantages lo hetp out in the European Common Market. which it is seeking to join. But he satd the nation will have to protect its independence and neutrality. VACUUM CLEANERS New, Uiad. Rebuilr M.nv MAct & Mode Libcrjl Trjdetn Allowance. Thirty Dav Echnje PriviUq Ripjtri Parts Bagi for All Kindt Floor Polithirt 1 Scrubbtri ' STARK'S . 622 N. RftcAide SP 2-4998 . , o o I " ' .. , : : ,1... , , ' ' An utterly new carpet texture 0 i nn K X vv,;'r-tr; EJ flM W : 1 .1 Vi:.' .-ai',je;- . V . -j ' - t?'. . i , V --. W ?s . it . j r9 i I l .1 . T .ixr.U I I II I J I I II II I I I I III llill II . I t!' "L , - 't. 4 h 'Jr t't f'"K Vi-L11A. s IVVUi. . N , r m " ' ,r i if'" t,"v4 j( ' . if? 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" J MM I h " J Cu,"Up Pan R"-Ib-35e IU : I SAFEWAY -SPECIAL Potatoes CANNED MILK New crop of White Lucerne. Cherub Rose U.S. No. l's. Per- wTjK Q Re9- 6 for 79c S3J: I r v I could a man shoot himself, live times with a rifle, take carbon monoxide, strike him self on the head, and cut his forehead. A. Snced Bonner, Marshall's brother - in law, confronted Dist. Atty. Bryan Russ in the courthouse Thursday after the medical verdict was returned and asked what the next step would be. "If Henry Marshall was murdered, we want to find oul who did it," Russ replied. "But you leave us doubt that," Bonner said. "Do you know what this does to my wife and me?" Russ promised to keep on pushing the investigation. Lo cal authorities say there are some persons they want to question in connection with Marshall's death, but concede they have no direct evidence against anybody. A Robertson county grand jury has been in session since Monday to hear evidence about Marshall's death. 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