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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 1, 1962)
Russia Hikes Food Prices; Says Move Caused by U.S. Moscow (UPD The Soviet government raised the prices of meat, butter and milk in Russia today because of short ages. It blamed the United States for the move. An announcement from the Communist party, which can trols the government, set the increase on meal at an aver age 30 per cent, and 25 per cent on butter. The increase in milk prices was not speci fied. The notice was published in this morning's nwspapers and broadcast over Moscow Radio. It sent housewives scurrying to stores to stock up on the scarce items. The price boosts are aimed at stimulating the lagging pro duction on collective and state farms, the announcement said. Premier Nikita S. Khru shchev admitted at a party I central committee meeting in March that farm output goals for 1961 were far from ful filled. He cited widespread de ficiencies in grain, meat and dairy products, and warned that the farm failures were endangering the seven-year development plan. Moscow Radio said this morning that more money is needed to stimulate farm pro duction, and that state funds cannot be diverted from heavy industry and defense expendi tures. It blamed American-led "international reaction" for the need to maintain defense development. "The government considers it necessary to talk frankly about the difficulties which arise in supplying the cities with meat, the party an nouncement said. "It is easy to see that the difficulties in fr "mIramar melmac I DINNERWARE H : . a cup, grV TT 1 ft Im 8 Saucers 8 Desserts 8 Bread and Butters 8 Dinner Plates 1 Vegetable Bowl 1 Platter 1 Creamer 1 Sugar e 1 Cover 45 PCE. sn 88 13 MRVrCE FOR EIGHT ' Colon: White, ton, rursmolse, ! "' question were created by our fast economic growth." Incurs Losses The party said that in or der to cut down the losses In curred by the state "while selling meat, meat products and butter to the population.' retail prices have been in creased 31 per cent on beef, 34 per cent on mutton, 19 per cent on pork, 31 per cent on sausage products, and 25 per cent on butter. In explaining the action, Moscow Radio said "the So viet people eat and dress bet ter every year. Nevertheless, the level of production of live stock is still insufficient." The broadcast said the So viet government had spent many millions of rubles to im prove agriculture, but added that "in order to interest the collective farms materially in increasing livestock produce, there must be an increase in government purchasing prices lor meat and butter. Requires Funds "B u t this requires enor mous funds," it said. 'These funds cannot be sought at the expense of defense potentials or industry. "International reaction, with the U.S.A. in the lead, is now conducting a frenzied drive for armaments and is hatching plans for surprise nu clear and missile attacks on the U.S.S.R. and other social ist countries." Man Fired Over Esfes Case Appeals Washington-IUPU-William E. Morris, fired last month from the Agriculture Department job in connection with the Bil lie Sol Estcs case, has appeal ed his dismissal to the Civil Service Commission. Morris was one of several Agriculture Department em ployees figuring in charges that Estcs gave gifts to federal officials. Morris has served as assistant to former Assistant Secretary James T. Ralph, who was demoted from that post last February after policy disputes not connected with the Estes case. Ralph was later fired when It was learn ed he had charged telephone calls to Estcs' credit card. A Civil Service Commission spokesman said Morris' ap peal was received Tuesday. The spokesman said Morris next will be given an oppor tunity to review his file and to decide whether he wants a formal hearing in connection with the appeal. Reaction Hints Adolf Eichmann Deserved Fate By United Press International Early reaction to the ex ecution of Adolf Eichmann in dicated general belief today that the former SS officer who played a leading role in the Nazi extermination of Jews deserved his fate. Authorities in Argentina, the country from which Eich man was kidnaped by Jewish agents in 1960, anticipated a hostile reaction, but there were no immediate reports of trouble. Anti - Semitic attacks on synagogues and other Jewish institutions had been reported in half a dozen Argentine cities in the past week, and police posted special guards at the Israeli Embassy and other Jewish centers today. Fair and Just West Germany received the news of the execution calmly. Government sources in Bonn said they were satisfied that Eichmann had had a fair trial and that his sentence was "just." Individual Germans said "Good riddance!!" or "He had it coming." Eichmann's widow, who is in West Germany, could not be reached for comment. A government spokesman said, however, that she had not asked President Heinrich Luebke to intervene in her husband's behalf. The hanged man's three sons, who live in Argentina, maintained to the end that their father was merely a cog in the Nazi machine whose only offense was obedience to orders. Believe in Guili Recent polls in West Ger many indicated that nearly two-thirds of its people be lieve Eichmann should be punished for his offenses - 34 per cent that he should be hanged and 29 per cent that he should be imprisoned for life. Newspapers in Japan front paged the news of Eichmann's execution but did not com ment editorially. GIRL CHANGES MIND Madison, Wis. - (tPPIl - Fresh man coed Marcy Silber exer cised her woman's perogative and got Into trouble. Miss Sil ber got her arm caught in the letter slot ot a mailbox when she changed her mind about some letters she deposited. It look firemen 15 njinutcs to free her. Then she had to con vince postal inspectors she was not trying to tamper with the mail. Wall Streeters Preparing To Wind Up Hectic Week New York-OIPll-Wall Street ers prepared today to wind up one of the most frenzied weeks of trading in the stock market's history. Two days of rising prices wiped out the $20.8 billion in paper losses suffered in Mon day's selloff. A tolal of 10, 710,000 shares were traded during Thursday's session. Closing prices, available at 6:25 p.m. (EDT) nearly two hours after the market closed, showed the averages up again. Dow Jones' 30 industrial stocks stood at S13.36, up 9.40 points on the day. Stand ard and Poor's index of 500 stocks was 59.63 up 1.55. On the basis of Standard and Poor's indexes, the gain Stocks Easier as Trading Continues New York - (CPU - Slocks were easier during the first today in continued heavy trading. Electronics and steels fea tured the downside while some chemicals and foods re covered slightly. American Telephone fell more than 2 but Du Pont and Eastman Kodak added at least 1 apiece. U.S. Sleel, Johns Manville, Union Carbide and Jones & McLaughlin shed a point or more. Polaroid leaturcd the down side with a loss of more than 8, followed by Motorola, Na tional Cash, National Lead, Zenith, IBM, United Carbon, Kellogg, Litton and Ffiden down at least 2 each. Sunshine Biscuit, Houston Lighting, Newmnnt Mining Forboro, Max Factor, and Beckman rose 1 or more. Thursday's prices on slocks: Allied Chemical ... Alum Co Am . American Air Lines American Can American Motors AT&T. American Tobacco Anaconda Copper Armco Bcndix Corp Bethlehem Steel Boeing Air Brunswick Chrysler Corp Coca Cola C BS. . Continental Can Crown Zellerbach Crucible Steel Curtiss Wrisht (xdi Dow Chemical Du Pont Eastman Kodak Firestone Ford . General Electric flenerni Fnrd General Motors GenrRia Pacific Greyhound Gulf Oil HomestHke ldnho Power I 11 M Int Paner Johns Manville Kennecott Copper Lockheed Aircraft Martin Co Merck Montana Power Nal'l Biscuit - New York Central Northern Pacific Pac Gas Electric Penney. J. C Penn RR . Perma Cement Phillips Procter St Gamble ... 41', .... M ... IB ... 43'. ... 14i ...113', .... 34 ., ... 43'. .... .14-', ... .18 '.. ... 37 '.a ... 43 ... 2'a ... 44 '. ... 84 ... 3.1 'i ... 40',, ... 45 ... l.-v, ... ' ... 50 ' .211', ... B6'i ... 38', ... as ... 6.1'i ... 14', ... 51 ... 43-li, .. 2(1 ' i ... 37 ... 49 ... 21)'. ...392', ... 29', ... 49", .. 72', ... 42', ... 21 ', ... 73'. ... 32', .. 38 ... 13", ... 36', ... 30 'i .... 43'i ... 13 ... 15''. .... 411'.. ... 72', The BEST Place To Buy Meat Is SAFEWAY Cvifee Your favorite brand Folgers, Hills, M.J.B., Maxwell House, Boyd's Limit 4 lbs. J-lb. Can 97e lb. can ) ...-LIST Standing Rib Roast Tender "USDA CHOICE" beef carefully aged in the most modern meal warehouse in the northwest. Carefully trimmed to give you "Full 1 1 Value" every lime. i - jr.".. i 4iv 1. rw few . . A If II II 1 L U.S. No. 1 Grade White Rose Spotlessly Clean You Get Bonus Value With GOLD BOND STAMPS Save Ihost valuable stmr new (or aitts that really mean somethina. Save on ill rt your food needs loo . . , at Sjieway. 10 Richfield OH Safeway Shell Oil Socony Mobil Oil Southern Co Southern Pacific Sperr;- Rand Standard California Standard Indiana - Standard N. J ,. Sun Mines Texas Co Texas Gull Sulfur Texas Pacific Land Trust . Thlokol Trans-America Trans World Air Tri-Continentul Union Pacific Untied Air Lines U. S. Plywood U. S. Rubber Weit Bank Corp Weatlnghouse 44 , 35i S0, 45', 24 , 17". 54',, 47 52 7'., 51 14 18 24 ' ', 3(1 'i 9. 41 30Ts 27 42', 47 'i 3IP, Hodges Speaker At Dedication Priest Rapids, Wash. - IUPD -Secretary of Commerce Lu ther Hodges will be the main speaker at dedication ceremo nies Saturday of the $8 mil lion Priest Rapids dams on the Columbia river. The dam, one of two in the Priest Rapids project being built by the Grant County Public Utility District, was fi nanced through sale of a 49 year $166 million revenue bond issue purchased by a syndicate of more than 200 bond underwriters. Construction began in 1956 by Merritt-Chapman and Scott, New York, and all 10 generalors went into produc tion in 1961. The second dam in the proj ect, Wanapum, is under con struction 18 miles upstream from Priest Rapids. Comple tion is scheduled for late 1964. Twelve public and private Northwest electric utilities signed power contracts witli the PUD in May of 1956 for purchase of a percentage of power from Priest Rapids, and for an option for the same percentage from" Wana pum. The purchasers also agreed to be responsible for the same percentage of the annual cost of the dam. Under the con tracts, Oregon, Idaho and Montana receive 35 per cent, Washington utilities 28.5 per cent and the PUD 36.5 per cent. The dam will have a 788.500 kilowatt initial in stalled capacity. in paper values was just over $8.1 billion Thursday. Stocks on the "Big Board" gained about $13.5 billion Tuesday. Total gain for the two days was $21.6 billion, wiping out Monday's loss of $20.8 billion. Moil Issues Advance Issues traded totaled almost as many as in Tuesday's trad ing, 1,357 against 1,399. Ad vances were recorded for 1,071 issues, 190 declined and 96 were unchanged. Only six of the issues reached new 1962 highs. Thursday's volume had been surpassed only four times in the history of the New York Stock Exchange. Three of those days were dur ing the bleak month of Octo ber in 1929 and the fourth was last Tuesday. Monday, Tuesday and Thursday of this week were second only to Oct. 28-29-30 of 1929 in volume. In the earlier year 36,349,000 shares changed hands during the three days. This week the to tal was 34,810,000. From Montgomery Street in San Franc, sco, LaSalle Street in Chicago and in the American Exchange across trinity Churchyard at Han over Place, the story wis ilk' same Thursday. Continued high volume and higher prices. ; Orders To Members In anticipation of another heavy day of trading today, the exchange board of gover nors took the unusual step of telling member organizations to have representatives on the trading floor Saturday although there will be no trading to clear up the loose ends left by the "short" week of hectic trading. Member organizations were told to have at least one floor member and an "adequate number" of telephone clerks on the trading floor from 9:30 a.m. (EDT), to at least 12:30 p.m. Similar orders went to specialists units. Stock Exchange member organizations outside New York were told to staff wire connections and have their of fices staffed. New York firms were told to pass along the orders to their out-of-town correspondents. IWm SPRED 56.79 , 1 SPRED LUSTRE SEMI-GLOSS ENAMEL $Q JPQ rj Second Gallon FREE .. O.JO Listing Lumber Barge Will Be Unloaded Astoria - (UPII - The Coast Guard said today a listing barge carrying $90,000 worth of lumber probably will have to be beached for unloading. The crippled barge, towed by the tug Restless, was docked here Thursday night after a bulkhead on the barge broke, causing it to take water. Coast Guard patrol boats stood by. The barge was bound from here to Coos Bay. Regional Edition Page 2A MedfordWTribune MEDFORD, OREGON. FRIDAY. JUNE 1, 1962 Foreign Briefs I UN TO TEST COMBAT EFFECTIVENESS Seoul, Korea-itriUThe United Nations command announced Thursday it will begin a week-long training exercise desig nated "counter-thrust" Saturday to measure the combat effec tiveness of UN forces against a possible communist attack from North Korea. WORKERS BURIED UNDER DEBRIS Orbassano, Ilaly-iUI'luAn explosion today tore down a wing of a chemical plant, burying 18 workers under a mass of rubble. There were six known dead, eight injured and four missing, rescue officials said. WARRANT ISSUED FOR SNOWDEN'S KIN London-4l'l-An arrest warrant was issued today for An tony Armstrong-Jones' half-brother. Lord Axmantown. Magistrate Leo Gradwell issued the warrant after the 25-year-old peer failed to appear in court on a charge of being in charge of automobile while drunk. Armstrong Jones, now Lord Snowdown and Princess Margaret's husband, and Oxmanlwon had the same mother, the Countess of Rosse. but different fathers. ta UTILITY WHITE Reg. 2.98 RED CHINA LODGES PROTEST Tokyo-iru-Communist China has lodge! a protest with lha Indian government "against its confiscation ol news bulletins published by the Chinese embassy in India," the official New China news agency reported today. PAKISTAN SIGNS PEACE CORPS PACT Karachi-Jtri'-The Pakistan government announced Thurs day it has signed an agreement with U.S. officials on con cessions and privileges tor peace corps members. The announcement did not disclose any details, but there are 57 peace corps members In Pakistan now and another 134 are due in October. U CUTTER INSECT ' ' . . REPbLLtlMT New cream formula is concentrated so that a little bit goes a long, long uay. Non-greasy, non-sticky. Pleas-ant-smelling, easy lo use. Conies in a pocket sire, unbreakable flask. -t- "ISCCl KPflUHl FREE! 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