Locals
ii
Wuh Fir - Fire wa re
ported in an automatic wash
ing machine at the home of
Mercer Bryant, 2191 Crest
brook rd., Medford, about
2:37 p.m. Monday. The fire
was out when Medford fire
men arrived. Damage was ap
parently confined to the ma
chine's motor.
Autos Damaged - Consider
able damage was caused but
no one was injured when two
cars collided at the intersec
tion of C and First sts., Ash
land, about 7:50 p.m. Monday.
Drivers of the cars were Agnes
Bushnell, 58, of Olympia,
Wash., and Dean Everett Sam
uelson, 16, of 472 Walker ave
Ashland, police said.
X-Ray Clinic - The chest
x-ray clinic at Sacred Heart
hospital, sponsored by the
Jackson County Tuberculosis
and Health association, will be
open from 2 to 5 p.m. Thurs
day, June 21.
Convalescing - Edgar Nel
son, 229 North Ivy St., Med
ford, is convalescing at Rogue
Valley hospital following sur
gery. Permits Issued - The Med
ford building department is
sued permits Monday to John
McCardell to erect a residence
at 1729 Hybiscus st. at an ap
proximate cost of $14,000, and
to W. S. Morgan to make an
addition to his residence at
219 Berrydale ave., at an esti
mated cost of $2,000.
Patients - Reported as sur
gery patients at Sacred Heart
hospital today were Harry E.
Ropp, 122 South Grape St.; E.
Cleon Henney, 6198 Table
Rock rd.: and Shawna Mc
Clearen, 18-month-old daugh
ter of Mr. and Mrs. Bobby D.
McClearen, 4574 Table Rock
rd.
Ashlander Gets
Oregon Mason Post
Portland -UIPH- A Eugene
1 man, Lyman C. Palmer, has
been named grand master of
the Oregon Masons at their
annual session here.
Other top officers include
William D. Sharp, Portland,
deputy grand master; Earl T.
Newbry, Ashland, senior
grand warden; John J. Mur
chison, Portland, junior grand
warden; Franklin C. Howell,
Portland, grand treasurer,
and Harry D. Proudfoot, Port
land, grand secretary.
WED., THUR5-, FRI.
You Pick and Choose . .
Cold Cut! Cheeses
Relishes Salads
CAN EAT $1-00
Open 7 A.M. to 5 P.M.
Closed Saturday & Sunday
WHITE HOUSE
Corner 6th and Ivy
TONITE & THURSDAY
POWERFUL!
ADULT SCREEN DRAMA!
m
I THE
CHILDREN'S
HOUR
secaut ot the mitme nature ol its them
ris mti pxture o rtnmmnM foe xkiits Miff.
IDRIVE
835-I4B2
Till
I DRIVE-IN
fill
I 111
TONITE! On Screen at
In the high-adventure tradition
of "The Guns
spencerTRACYi
MERWN UPyniED KDHLMAR eoiiii
.TOES
Plus! ACADEMY AWARD .V,?. WINNER
BbrtUncaster-Jeah Simmqks
m scacf m mas ntvtn
WOW AMAIUJKtHIMI
N CLAIR LEWIS I
ON SCREEN
AT
10:45 P.M.
Calcutta Man in
Portland To Have
Heart Surgery
Portland -fl!PD- A 32 - year-
old Calcutta. India, man ar
rived today for delicate open
heart operation at the Univer
sity of Oregon Medical School.
Berendra Kumar Dutta Bar
man arrived at Portland In
ternational Airport and was
met by Clackamas county
deputy sheriff Ken Shoup and
his wife. Shoup is an Indian
Theater war veteran who
pledged his help to Barman
when he first heard of the
Indian's trouble.
Barman was brought to this
country through efforts of the
Oregon Heart Association, the
Medical School and Mrs.
Eleanor Roosevelt.
Barman, a college graduate,
was taken to the medical
school hospital where Dr. Al
bert Starr said he would at
tempt the delicate operation.
Barman was to begin a round
of tests and Dr. Starr said the
mitral valve replacement
might be indicated.
Frequent Attacks
Such surgery is not prac
ticed in India. Barman, a for
mer athlete, has suffered from
frequent heart attacks over
the past seven years. He read
of Dr. Starr's surgery in a Cal
cutta newspaper and wrote
Mrs. Roosevelt asking for
help.
Mrs. Roosevelt wrote to Dr.
Starr and the Oregon Heart
Association. Shoup read of the
story and made many calls
on Barman's behalf.
Medical school authorities
have decided the operation
could be performed under
terms of an $800,000 cardio
vascular research grant
awarded the medical school in
1961.
oarman s travel expenses
were paid by the Calcutta Ro
tary Club.
Boys Band to Spend
Night in Medford
Members of the Inglewood,
Calif., boys band will stay
overnight at the Medford
YMCA tonight, according to
Bob Jones, YMCA, general
secretary. The 91 persons in
the band have brought sleep
ing bags, and will stay in the
gymnasium and social hall.
They are on their way to the
Seattle World's Fair.
William Goedike is director
of the band, which has 71 boys
and seven girls.
The "Twisting Teens" of
the YMCA have invited mem
bers of the band to a square
dance tonight.
j Klamath Falls To
! Host VFW Convention
i Klamath Falls - IUPH - Some
; 2,000 delegates and visitors
; are expected here for the '41st
annual convention of the Ore
gon Veterans of Foreign
, Wars.
' The convention opens
Thursday.
Idaho Man Killed
East of Pendleton
Pendleton - (UPI) - Alle G
Hcggo, 26, Caldwell, Ida., was
killed late Tuesday when his
car failed to make a curve
on U.S. Highway 30 near
Immigrant State Park east of
here.
Heggo was alone in the car.
SINGER HAS GIRL
Hollywood -ll!PH-Singer Bet
ty Hutton Tuesday gave birth
to a seven-pound girl at Ce
dars of Lebanon Hospital.' At
tendants said both mother and
daughter were "doing fine."
It was the first child for Miss
Hutton by her marriage to
musician Pete Candoli. She
has three children by previous
marriages. She married Can
doli Dec. 24, 1960.
- IN
8:25 P.M. and 1:30 A.M
Of INavarone ;
hunk SINATRA
rf'f.ll lf!T ,(
ElMERbAliM
UttUS COLGt
tax tn Wit O
Obituaries
SHERMAN W. RAWLS
Funeral services for Sher
man W. Rawls, 66, of 329
Apple st., Medford, who died
Monday, will be held at 11
a.m. Thursday in the Chapel
in the Trees Mortuary, in Sis
kiyou Memorial park. The
Rev. Charles R. McDonald of
St. Luke's Methodist church
of Medford will officiate.
Private interment will follow
in Siskiyou Memorial park.
Mr. Rawls was born Jan.
26, 1896, in Bear, Ark. On
Dec. 18, 1920, in Hot Springs,
Ark., he was married to Miss
Sarah O. Maner who survives.
He had been a state and
city employee in Arkansas,
prior to moving to Oregon,
and had been a resident of the
valley since 1949. Mr. Rawls
was a member of St. Luke's
Methodist church of Medford,
and the Masonic Order in Ar
kansas. He served as a pri
vate in the 330th infantry
during World War I from
June 22, 1918, until Feb. 14,
1919, having served in France
during his enlistment.
- Survivors, besides his wife,
include two sons, G. E.
(Butch) Rawls, Richmond,
Calif., Sherman T. Rawls,
Amarillo, Tex.; one daughter,
Mrs. A. E. (Drucilla) Maury,
Klamath Falls; two sisters,
Mrs. Maud Hall, Gridley,
Calif., Mrs. Clara McCaslin.
Marysville, Calif., and three
grandsons.
Honorary pallbearers will
be from the World War I bar
racks. Funeral services were en
trusted to Siskiyou Funeral
service directors.
GODFRID S. ACKERLUND
Godfrid S. Ackerlund, 87,
of 723 West Second St., Med
ford, died at his home Tues
day evening. Funeral arrange
ments will be announced by
Perl Funeral home.
DONALD MOLEN
Donald Molen, 62, of San
Francisco, Calif., died Satur
day. Funeral arrangements
are entrusted to Siskiyou
Funeral Service directors.
INFANT COOK
Graveside services for the
infant son of Mr. and Mrs.
Cermal Cook, of route 1, Cen
tral Point, who died Monday,
were held this afternoon at
Hillcrest Memorial park. The
Rev. Paul L. Andrews of the
Apostolic Faith church offi
ciated. Arrangements were
through Conger-Morris Fu
neral directors.
Survivors include, in addi
tion to the parents, two broth.
ers, Donnie Cook and Tommie
Cook; two sisters, Jeaney
Cook and Betty Cook; and
grandparents, Mr. and Mrs.
W. C. Huffman, Central
Point; and Mr. and Mrs. Ola
Rhoten, Fairland, Okla.
INFANT SHAW
Graveside services fof the
infant son of Mr. and Mrs.
Jerry Shaw, 240 Meyer Creek
rd., Ashland, were held yes
terday afternoon in the Ash
land cemetery. The Rev. Har
old Sanner of the Medford
Church of the Nazarene offi
ciated. Ashland Mortuary
was in charge of arrange
ments. AMOS C. NININGER
Funeral services for Amos
C. Nininger, 80, of 80 Harga
dine St., Ashland, who died
Tuesday, will be held at 10:30
a.m. Thursday in Ashland
Mortuary Chapel, Fourth and
C sts. Ashland Elks lodge will
officiate. Entombment will be
private in the Rest Haven
Mausoleum.
Mr. Nininger was born
April 13, 1882, in Kansas. He
was married in 1908 in Ash
land to Vera E. Logan, who
survives.
He had lived in the valley
since 1882, and was active in
the grocery business until 10
years ago, when he retired.
He was a charter member of
Ashland Elks lodge and was
a Past Exalted Ruler of the
lodge.
He had been in poor health
for the past five years.
Survivors, besides his wife,
include a daughter, Mrs.
Dorothy Nininger Briggs,
Ashland; a son, Logan E. Nin
inger. Barkspur, Calif.; three
sisters, Mrs. Eva Nininger
Hammett and Mrs. Nettie
Nininger Johnston, both of
Santa Ana, Calif.; and Mrs.
Sadie Nininger Harrell, Ma
dera. Calif.
Investment Funds
Noon quotation on
stocks.
Fund
Bullock
Chemical Fund
Colonial Ener
Eaton Howard Stk
rirtelltv
Bid
1 2
8 TR
1001
11.34
13 39
10 f4
12 2
14 48
8 89
Fundamental Invest
8 11
Group Sec Avia-Elec 6 on fi .'SS
Group Sec Com Stk 11.31 12 1
Group Sec Petr 10. IS 1112
Kevstone B-3 1.109 1
Kcvtone B-4 8.88
KeVMone K-2 - 4 32 4 72
Kevmone S-l . . 18 .14 20 23
Kevntone S-2 10 7 U .4
Kevstone S-3 1 1 R8 12 73
Kevstone S-4 3 38 3 91
Mn4i Inc Grth Stock 6 43 7 03
Nat I Growth . 4fl 7 09
c., ks 1 3 IH 68
TV-Flee "
t'nited Accum 12 02 13 14
h fnlted Canada 13 54 1 8H
f nnt.r..n1Al 3 84 4'J
MEDFORD MAIL TRIBUNE. MEDFORD. OREGON
mm??
lilSt
CAMOUFLAGE CHECKED - LI. Col. Sammy E. Radow,
Portland, Ore., seems to be shaking hands with a tree at
Vientiane, Laos, as he checks the jungle camouflage of a
Royal Laotian Army soldier. Radow commands the seven
man U. S. First Special Forces team which is assisting in the
jungle warfare training of Laotian forces. (UPI)
Youth, 1 1, Drowns
In Washington County
Hillsboro - IUPD - Ricky
Tankerslcy , 11, drowned
Tuesday in a five-foot-deep
pool near Mountaindale in
Washington county. Deputies
said the boy apparently threw
a stick into the pool and tried
to retrieve it.
Oregon Scientists
Receive Awards
Portland - (DPI) - Four Ore
gon scientists have been
awarded $30,000 for research
by the American Heart So
ciety, according to Ken Hume,
president of the Oregon Heart
Association.
They are among 400 scien
tists around the country who
are sharing in a $4.1 million
research program beginning
July 1.
J. Engleberl Dunphy and
Arthur J. Seaman, both Port
land, received grant-in-aid
awards to continue their study
at the University of Oregon
Medical School, and Tsoo E.
King and R. W. Newburgh,
Corvallis. received awards for
study at. Oregon State Uni
versity. Births
KINGSLEIN - To Mr. and
Mrs. William H., 505 Albert
st., Medford, June 18, 1962, a
boy, 5Vi pounds, at Rogue
Valley hospital.
Weather
FORECASTS
Medford and vicinity: Fair and
warm through Thursday. Low to
niRht IS. High Thursday 95.
Western Oregon: Fair through
Thursday, except night and morn
ing coastal cloudiness and consid
erable cloudiness in north interior
Thursday morning. Local drizzle on
coast early I nursoay. cooler over
north half Thursday. Low tonight
48-56. High Thursday 75-au, except
60-63 coast.
Northern California: Fair and
continued warm through Thurs
day. I.OfAI. DATA
TEMPERATURE: Mean yester
day 65: below normal 1.
Record high this date 103 in
1025
Record Tow this date 30 in 1060.
PRECIPITATION: 24 hours to
midnight none. Midnight to 10
a.m.. none.
Total this month .15 inch. .57
Inch below normal.
Total since Sept. 1, 15.38 inches,
2.16 inches below normal.
HUMIDITY: Lowest yesterday
17. highest this a m. 79';; .
Illch 4:00
CITY Yester- a.m.
day Low
Brookings . ta 49
24-
Grants Pass . . 90
Howard Prairie .. 77
Klamath Falls . . 13
MEDFORD 90
Portland . 80
40
Seattle
77
Spokane S2
52
52
YaKlma
Eureka
Red Bluff
Sacramento
San Francisco
Los Angeles
Phoenix
Denver
Chicago
Miami Beach .
60
103
104
87
93
New York
Washington
D C. 94
71
66
FIVK-I1AV FUR RCA ST
(Throneh June 25):
Western Oregon-Western Wash
ington Near normal tempera
tures with a cooling trend by be
ginning of week. Maximums In 70s
in western Washington and In 80s
in Western Oregun. Minimums
mostly in upper 4l)s and low 3)s.
A few shower likely late Satur
day or Sunday.
I Northern ralifornia No preripi
' tation. except scattered thunder
Aiked showers at ttmes in high moun
12 37 tain Temperatures above normal
0 53 ; inland and near normal along
BAMBY'S
AT THI BIG y HIWAY 99 NORTH
N.Y. STEAKS
Delicious Jumbo Shrimp
at pricei you can afford
Open 5 a.m.-12 p.m.-Fri. & Sal.-24 Hrs.
Clamp Proposed
On Advertising
Washington-OIPD-The Food
and Drug Administration has
proposed regulations to crack
down on misleading advertis
ing about vitamin and mineral
content of foods and dietary
control products.
The proposals would elim
inate the term "minmum daily
requirment" from labeling
and sharply restrict use of
such terms as non-fattening.
low calorie and lower-in-cal-
ories.
Hearings probably will be
held on the proposals, an
nounced Tuesday by FDA
Commissioner George P. Lar
rick. Dime Store Family
Member Succumbs
New York-fflPD-Norman B.
Woolworth, 60, a member of
the five-and-dime store fam
ily, died Tuesday night at the
Columbia-Presbyterian Medi-
ical Center of uremic poison
ing. Woolworth, Monmouth,
Maine, had been hospitalized
for 10 days.
Woolworth was a native
New Yorker but spent much
of his early life in England,
where his father, Frederick
M. Woolworth, established
F. W. Woolworth and Co.,
Ltd. Frederick Woolworth
was a cousin of Frank W.
Woolworth, founder of the
founder of the dime store
fortune.
Over-the-Counter
Western Stocks
By United Presi International
Kid Asked
Bank or America 47 50'i
Cal Pac Utll 21
Con FreiRht m'i IP.
Cyprus Mi net , 22., 24 a
Equitable S & h 34 la 57i
First National Bank .... 54 38i
Jantzen 25 2B"4
Morrison Knudien 30' 32 '
Mult Kennels 4 5
N.W. Natural Gai 2B'i 28
Oregon Metallurgical .. 1
FF&L. itJia
PGE 22 a 24 U
U.S. National Bank .... f)5 70 "4
United Uttl 24 25
West Coast Tel 1 1 '-St ID la
Weyerhaeuser 25 U 27
Portland Produce
Portland ( UPI Dairy market:
Zggs To retailers: AA extra
larne 40-42c; AA larne 37-40c; A
large 35-37c; AA medium 31 -36c;
A A small 26-32c; cartons l-3c
higher.
Butter To retailers: AA and A
prints 67c; cartons lc higher; B
prints tiflc.
Cheese (medium cured) To re
tailers: 47-4fl'-(C; processed Ameri
can 5-10 lb. loaf, 45-46 jC.
Portland (UPI) Dressed chick
ens No, 1 grade dressed to retail
ers: Fryers, whole drawn, 30-3RC
lb.; cut-up, 36-42C lb.; hens, light
tvpe. whole drawn. 23-20c lb.; 1UM
tvpe hens, cut-up 2fl-34c lb.; heavy
whole 36-3UC lb.
Portland Livestock
Portland (UPh USDA Cattle
200. Good-choice steers 27; Hoi
stein standard 24; good 823 lb.
heifers 23 30; utility cows 14-13,
canner-cutter 11-13; utility bull
20- 21.
Calves 30. Choice 240 Ih. vraler
27; choice 340 lb. 2fl.
Hogs 230. U S. 1 and 2 butchers
180-220 lb. I . 50-21); 1. 2 and 3
grade 18 50-19 30, 1 and 2 sowi
300 lb 18 30.
Sheep 600. Choice-prime 93-105
lb. lambs 21-50-21.7; m-st choice
21- 21 50; cull-good ewes 2-4; choice
feeders 70 83 lb. 13-16.
Hitchhiker Held
For Robbing Man
Portland - fUM) - A hitch
hiker was being held here to
day after a Portland man's car
was stolen, his wallet taken
and he was tied to a tree.
Under arrest was Jon E.
Gray, 24, Okaloosa, Fla.
Adoiph V. Ekedahl, an as
sistant refugee supervisor for
the Fish and Wildlife Serv
ice, told authorities he picked
up a hitchhiker near Baker
Tuesday as he was returning
to Portland.
He said he let him out of
the car at Pendleton and later
picked him up again outside
that city. Shortly after he left
Biggs Junction he said the
hitchhiker pulled a gun and
forced him to drive a short
distance off the road.
Ekedahl's hands were tied
around a tree' and the man
left in his car. Ekedahl man
aged to work his way free and
hail a passing motorist. The
Multnomah county sheriff's
office later spotted the car
near Troutdale Junction and
made the arrest.
Tax Collections
Show Decline
Salem -IUPI)-The Oregon Tax
commission said today it col
lected $10.4 million from the
key personal and corporate
income taxes in May.
This was a drop of $3.3 mil
lion from May, 1961.
For the fiscal year to date,
however, total collections as
of May were $111 million, a
gain of 8.2 per cent over a
year ago.
The commission added that
income tax collections for
both April and May this year
were $45 million, up $3.6 mil
lion from April-May, 1961.
At the same time, State
Treasurer Howard C. Belton
made an upward revision in
estimated revenue from the
Oregon inheritance and gift
taxes. Belton said he expected
to take in $13 million from
these taxes during this bi
ennium which runs to July,
1863 - $4.4 million more than
anticipated earlier.
Job Increase To
Ease Marion Budget
Salem-IUPD-A staggering 40
per cent increase ,in general
assistance payments by the
Marion County Welfare Com
mission In May shouldn't re.
peat itself this month because
of a pickup in jobs, county
welfare officials said Tuesday.
The May cost was ab6ut
$35,000 40 per cent higher
than last year, putting a strain
on the already overburdened
welfare budget.
Reedsport Worker
Killed by Beam
Gold Beach, Ore. - IUPD-A
construction worker was in
jured fatally Monday when a
boom fell on him during con
struction of the new Pistol
river bridge 13 miles ;ou!h
of here.
A! Vd ' Stahcl, about 30,
Reedsfort, was dead on ar
rival at Gold Beach. He was
an employee of the Lillebo
Construction company' at
Reedsport.
Carnival
Now
MEDFORD
Now to
June 24 Irtcl.
Sheriffs
Posse Grounds
Sponsored by
American Legion,
DAV and VFW
lllll
last Time
Sunday, June 24
j Richard Westerberg
Named To Beef Council
Salem - OJPD - Gov. Mark
Ihi'field today reappointed
Richard Westerberg, Ashland,
to the Oregon Beef Council,
and named two new members.
The two are Richard Rath
burn of Joseph, who succeed
ed Mrs. Kent MaGruder,
Clatskanie, and Irvin Mann
Jr., Stanfield, who succeeded
Jack Wilson, North Powder.
Hatfield Claimed
Dodging GOP Label
Salem -tin- Atly. Gen. Rob
ert Y. Thornton said Tuesday
night that Gov. Mark Hatfield
is avoiding the Republican
party label.
Thornton, Democratic nomi
nee for governor and Hat
field's opponent this fall, noted
that Hatfield has just put out
what Thornton called a "lav
ish 4.000 word propaganda
folder" which fails to mention
that Hatfield is the Republi
can candidate for governor.
The folder includes the
name Republican "only three
times, printed only in the
smallest type" but doesn't list
Hatfield as the GOP governor,
nominee, Thornton said.
Thornton also said that Hat
field has "even omitted his
Republican party identifica
tion on his large picture pos
ters." Thornton said that with the
election nearing "we can ex
pect him to 'forget' his Repub
lican identification. We can
also expect that from now on
he will avoid, like hoof and
mouth disease, such big GOP
events as the recent Republi
can conference at Seattle
where he failed to put in any
appearance."
Thornton addressed Marion
and Polk county Democrats
hero..
Fisher Sees Gain
By Republicans
Roseburg-fflPII - State Rep.
Carl Fisher (R-Eugene) fourth
congressional district candi
date, told the Roseburg Junior
Republican Club Tuesday
night that the Republican
party will gain in the coming
election.
Fisher criticized what he
called the administrations pol
icy of "feeding the public
massive doses of oratorial
tranquilizers."
He said that "it's time our
elected officials stop trying to
kid us" about the stock mar
ket, the situation in Laos, or
the "Billie Sol Estes mess."
Fisher will be in Roseburg
again Thursday to meet with
the Douglas County Repub
lican club.
Tuesday Crowd Sets
World's Fair Record
Seattle - (UPI) - Attendance
at the Seattle World's Fair
Tuesday set a week day rec
ord when 74,145 paid their
way into the grounds, bring
ing to 2,581,848 the number
of paid admissions for the
f'r-t 60 days of the exposition.
TWO
HE DREW
DANGER TO
HIMSELF LIKE
A MAGNET!
No man. ..No law
No woman. ..could
him from being
matter how high
KIRK DOUGLAS
GNA ROWLANDS-WALTER MAHHAU
MICHAEL KANE . carroll mm -mm schailebt
A UWlV(ISAl.(NT(fNTK)NAl MlfA$
WEDNESDAY, JUNE
Carolina Caravan
Due in Hood River !
Hood River, Ore. -jI'PIi-Members
of the North Caro
lina Agribusiness Caravan
move to Hood River today to
view the pear and apple or
chards of the area. Tuesday
they visited Oregon State uni
versity and the Blue Lake
Packers plant at Salem.
The 166 farmers, food ex
perts and businessmen flew
into Portland Sunday and
have toured Oregon in a five
bus caravan. They are search
ing for ideas and methods to
"better utilize the agricultural
resources of ihe state and to
provide more income oppor
tunities for southeastern fam
ilies," according to Wayne A.
Corpening of Winston-Salem,
a bank vice-president.
The group also was to visit
Mt. Hood and The Dalles dam.
They will spend the remain
der of the week in Washing
ton. Reapportionment
Signatures Obtained
Portland-IUPtl - State Rep.
George Annala (D-Hood Riv
er) said today 41,773 valid
signatures have been obtained
to place a reapportionment
measure on the November bal
lot. He added he believed there
were enough unchecked sig
natures on hand to assure the
measure going before voters.
Annala is secretary of the
Citizens Committee for Rep
resentative Government. This
was organized for the purpose
of submitting a measure to
recognize area as well as pop
ulation in legislative appor
tionment. A total of 53,037 valid sig
natures is needed by July 5.
TONIGHT
TWO GREAT WESTERNS
P""" Gary
Mr Cooper
El
II NT
DOROTHY McGUIRt
AM HON T flWIHi
HAYWARDGAVIN
4 "
COLOR
ERA MILES
PHONE 772-6424
A PRIVE-IN fC
sJfWT MCIFIC WtHWf'
rTirriaf irBTTiii
SHOWS - 7:00 AND 9:15
free -no SStSSSSSS SSSSSSSfcY SSas
the price! v .
20. 1962
A 11
Belton Announces
Fund Reinvestment
Salem -Jl'PIt- State Treasur
er Howard C. Belton today
announced the reinvestment
of $4,584,000 worth of state
bonds in federal securities,
meaning an extra $22,500 a
year in interest earnings to
the state.
The extra earnings, to en
rich the industrial accident
fund, are expected to total
about $200,000 over a nine
year period, he said.
The action is being taken
because the interest rate on
the federal securities is about
1 2 of 1 per cent better than
the rate of about 3 per cent
being paid now on the stale
bonds. The latter are higher
education bonds held by the
State Industrial Accident
Commission.
NOW
Something
NEW
at the
GROTTO
Enjoy A Complete
7 Course
ITALIAN
DINNER
Served From
5 p.m. to 10 p.m.
Also Your Choice of
American Dinners
i
AS USUAL
The Grotto's Famous
Chuck Wagon
Lunch
Strvad from 1 1 a.i
Adults $1.00
Children Under 10 60c
Air Conditioned
For Your Comfort
Closed Mondays at 2 p.m.
(Lunch Only Served Mon
ENDS TONIGHT
TWO TOP 'A'
FEATURES
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United Income . .10 47 1M4
Value Line Inc . . 4 7fl 3 23
Variable ... 33 S R3
Wellington 13 07 14 23
yi. Cartoon & News
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