tates Fledge To Defend West Berlin
usk Kenew
negotiation With
ssians
Be Continued
Berlin IUPD Secretary of
State Bean Rusk promised
here today the United States
will honor Its pledge to defend
West Berlin but said he would
continue to try to negotiate a
settlement of the Berlin dis
pute with Russia
Rusk made the statement
during a 24 hour visit to
West Berlin, during which he
insoected the Communists an-
tirefugee wall and predicted
the barrier "will be broken
eventually."
"I should like to think that
both peace and our vital Inter
est can be sustained," the sec
retary of state said in a speech
at West Berlin City Hall
"In a nuclear age this
would mark a victory for rea
son. Bearing this in mind I
continue ready to explore fur
ther with the Soviet Union
whether a basis for negotia
tions exists."
Dereliction of Duty
"To do less would be a dere
liction of my duty to the
American people and to the
neoole of West Berlin," Rusk
added.
Rusk, making his first visit
to Berlin since he tooK oince,
said it was not unrealistic to
be hopeful because "The Free
World has resources which be
come Increasingly evident in
a time of trial."
The secretary of atate cou
pled his offer to negotiate
with a new American pledge
to defend West Berlin.
"I assure you that you will
have no cause to doubt our
determination to honor our
pledge to protect your free
dom and to ensure your con
tinued ties with the rest of
the Free World," Rusk said.
He quoted President Ken
nedy as saying the fulfillment
of the U.S. pledge to defend
West Berlin "is essential to
the morale and security o
Western Germany, to the
unity of Western Europe and
to the faith of the entire Free
World."
On Way to Bonn
Rusk flew to Berlin from
Paris for the brief visit on his
way to the West German capi
tal of Bonn.
Earlier Communist police
opened fire with machine
guns and machine pistols
near the walled off Brand
enburg gate - an area Rusk
was scheduled to visit In his
demonstration of U.S. support
for West Berlin. They fired
about 40 shots, apparently at
persons trying to flee to West
Berlin.
In a Paris airport state
ment, Rusk described his two
days "enjoyable and produc
tive." Rusk will fly to Bonn
this evening for meetings
with West German Chancel
lor Konrad Adenauer and
Foreign Minister Gerhard
. Schroeder.
Rus-k wound up his Paris
talks without making a dent
in de Gaulle's determination
to build up an independent
French nuclear striking force.
Rusk made it clear that al
though the United States
must recognize French nu
clear armament as a fact, it
still objects to the "prolifera
tion" of nuclear striking forc
es in the world.
No Hint of Sympathy
Sources on both sides said
Rusk and French officials
cleared up some mis-understandings
about each other's
intentions but there was not
even a hint that either side
sympathized with the other's
point of view.
At one point Rusk asked
whether France would co
operate with the United States
in nuclear strategic planning
once the French nuclear force
had been established.
French Foreign Minister
Maurice Cmive rie Murvillc,
according to French rources,
replied that the question de
served "serious considera
tion" but that the French nu
clear force had not grown
-ufficiently to make such
.(ilks timely yet.
NYvcrthelo-s, Rusk was
' ikipg with him assurances
that France would fight along
side the United States In case
' f attack aninrt NATO.
iiiiini nn.inwm.sw !' .vm - - .efu in,ntymiwi . g
"... i;'KP' vMi
y . ... n ?r. LXl-., ij.jIDi
ENTERS PRISON Wealthy former Team
sters Union President Dave Beck, left, fol
lows a United States marshall on his way to
McNeil Island prison to begin serving a five-
year term which he hopes will end with a
parole in 20 months. Beck was found guilty
of Income tax violation charges at Tacoma,
Wash., three years ago. (UPI)
Moderate Decline
On Light Turnover
Noted in Stocks
New York-IUPO-Stocks went
into s moderate decline on
light turnover today.
The hard hit glamor slocks
paced the selloff with IBM
down 6, Polaroid around 4,
Xeroz 3, and Motorola, Litton,
Texas Instruments and a few
others down 2 or more.
Blue chips including the
leading steels, oils, chemicals
and autos, were off fractions.
An exception was General
Foods which slipped W after
announcing an instant coffee
price cut.
Celotcx was the brightest
item. It showed a gnin ot 3-Vs
to 23 on news Ruberoid Co.
had offered to buy at least
350,000 of its shares at $25 a
share. Ruberoid rose Vs.
Quaker Oats and Avco were
up large fractions.
Standard N. J
Texas Co. ...
Texas Gulf Sulfur
Texas Pacific Land Trust .
Thlokol
Transamcrlca
Trans World Air
Trl-Contlnental
Union Carbide
Union Pacific
Uniled Aircraft
united Airlines
U. S. Plvwood
U. S. Rubber
U. S. Steel
West Bank Corp
Westinghouse
DOW JONES AVERAGES
New York - IUPII - Dow
Jones final stock averages:
JO industrials 563.08, off
8.53; 20 railroads 120.48,
off 1.03; 15 utilities 108.09.
off 1.24, and 65 Blocks
196.24, off 2.53. Sales
Wednesday were about 3.36
million shares compared
with 2.68 million shares
Tuesday.
. 33 "i
. SI
. lll'i
4!i
4l's
124
14'i
20 ,
31',
II
3H
RH'a
231.
23 ij
42'j
42i
4S'4
2IP.
Milo Mclver Elected
To Board of PP&L
Portland -iUPIl- Milo K. Mc
lver, president of Commerce
Investment Co., Portland, has
been elected to the board of
directors of Pacific Power &
Light Co., Paul B. McKee,
chairman of the board, said
today.
Mclver is a former chair
man of the State Highway
Commission.
New York - IUPD - About
25,000 . super-markets in the
United States account for 72
per cent of the nation's
grocery sales, the Super Mar
ket institute reports.
ANTI-AMERICAN CAMPAIGN LAUNCHED! :
Tokyo-IW-Communist North Viet Nam has launched a
month-long anti-American campaign limed to end July 20,
the eighth anniversary of the signing of the 1954 Indochina
agreements in Geneva
A broadcast from Hanoi by the Communist New China
News agency Wednesday said there would be mass meetings
and demonstrations in opposition to "U.S. armed aggression
in South Viet Nam."
Summer Makes
Debut in Oregon
By United Press International
Summer came to Oregon
at 1:24 p.m. PST today and
the weather was seasonal,
thank you.
Temperatures were in the
80s in many parts of the
slate Wednesday and the
same was forecast for to
day, Medford had 91 and
The Dalles 89 Wednesday,
No rain is In sight for at
least several days.
Wednesday's prices on selected
slocks:
Allied Chemical
Alum Co Am
American Air Lines ...
American Can 41
American Motors 13s
A T ft T 103
American Tobacco 32' t
Anaconda Copper 4l)sB
Armco 4R1.s
Hcnnix Corp M
Bethlehem Steel 33 'i
Boetnx Air All's
Hrunswlck H'n
Caterpillar Corp 32 '
Coca Cola 77 't
C. B. S 31
Continental Can .t.ib
Crown Zellerbach Ill
Crui-lhle Steel 14
Curtiss Wrtiiht l.Vi
Dow Chemical 43',
lu Pont 17H1,
Eastman Kodak H!Ma
Firestone ... 32
General Electric till
General Food Rti'd
General Motors 47',
Geori-la Pacific 33 1,
Grevhound 24
Gulf Oil 311
Hotucstnko S'j
Idaho Power 2H'a
I. a M 3211
Int Taper 27 '
Johns Slanvllle 42 1 4
Kcnnecott Copper 70 1
Lockheed Alrciall 43,
Martin Co KM.
Merck . tiu'4
Montana Power 321,
Montgomery Ward 27',
National Ul4cult 37 '4
New York Central I!,
Northern Pacific 33
Pac Gas Elec 2M
Pennev J. c 4.1
Peon flit II",
Phillips 4.V,
Procter fit Gamble 113
Radio Corp 42',
Rirhflelri Oil 3.V,
Sateway s ',
Sc.-i-.-s ' ,
Shell Oil 32
Socony Mohll Oil 411 l.
Southern Co 4:1
Southern Pacific 241,
Sperrv Hnml 14
Standard California VI t,
Standard Indiana . 4II1,
Former Frogman
Plans River Swim
Orolino, Idaho -IIPP-A for
mer Navy fromiKtn announc
ed today he lias rescheduled
the beginning of his planned
swim from here to Astoria,
Ore., for July 2.
Spencer t'ampticll, 24, said
the date w&s moved up from
July 4 because the Snake riv
er, which will ho a major
share of his 557-mile swim,
was dropping rapidly.
lie hopes to ii'nke the dis
tance in 28 driys and s;iid he
will swim every inch tCtlie
distance, Including the fish
ladder of the Washington Wa
ter Power Co. dam on tiie
Clearwater river here and the
navigation lock on Ice Harbor
dam on the Snake.
Washington - IUPD- Retired
Army Gen. John Lesesne De
Witt, responsible for evacuat
ing Japanese nationals from
the West Coast during World
War II, died Wednesday. He
was 82.
A career soldier who was
born on a Nebraska Army
post, the general suffered a
heart attack at his home here
and died en route to the hos
His career spanned cam-1
palgns in the Philippines in
1808 and 1899, two world
wars and a tour of duty with
the Army chief of staff.
ARGENTINA COMMUNICATIONS SERIOUSLY CRIPPLED He retired in 1947.
Buenos AiroB illlMi A slowdown staged by postal, tele- After the Pear Harbor at-
graph and telephone workers who have not been paid since tack, DeWitt took over the
April is seriously crippling communications in Argentina. Western Defense Command
The communications workers have threatened to strike and was responsible for mobil
unless their May wages delayed by the current Argentine ; izing forces on the West Coast
economic crisis - are forthcoming soon. I and Alaska.
GHANA PRESIDENT RELEASES OPPONENTS
Accra, Ghana-ltPII-Presideni Kwame Nkrumah Wednes
day released 150 imprisoned political opponents, including
former presidential candidate Dr. J. B. Danquah.
The mass release followed a similar release of 160 de
tainees last month.
AMERICAN ELECTED TO SOVIET ACADEMY
Moscow-tTlAmerican artist Rockwell Kent has been
elected an honorary member of the Soviet Academy of Arts,
the news agency Tass reported Wednesday.
GUATEMALA PRESIDENT URGES REFORM MEASURES
Guatemala City-itil'luPresident Miguel Ydigoras Fuentes
is pressing congress for action on reform measures linked
with the U.S. Alliance lor Progress aid program, it was
announced today.
Opinions Varied But Answers Lacking
Ac Stock Prices Continue To Decline
New York -IUPD- Wall Street
today Is a place where the
opinion on what's wrong with
the stock market are as varied
Hatfield Calls
For Arbitration
In Labor Strike
Salem - IUPD - Gov. Mark
Hatfield today called for vol
untary arbitration by labor
and management to end the
Iron Workers' strike. He said
the "public interest must pre
vail" and warned of a possible
cut in state services.
Hatfield noted this Is the
fourth summer out of the past
five in which the Oregon con
struction industry has been
hit by work stoppages, ana
the present dispute is the sec
ond one this summer.
"Our economy cannot coun
tenance such Interruption,
Hatfield said.
'State budgets were built
on certain expectations which
will not be met if revenues
are not forthcoming. The only
alternative will be to cut serv
ices which have been voted by
the people's representatives in
the legislature."
Urged to Submit Strike
The governor urged the dis
puting parties to submit the
Iron Workers' strike to the
National Joint Appeals Board,
15 member group set up By
both labor and management,
for voluntary arbitration.
Hatfield declared ' tne time
has come" when both sides
should publicly pledge they
will adhere to the findings and
recommendations."
Hatfield added it's not lust
the Oregon financial picture
that is of foremost concern.
Individual families face "fan
tastic hardships when the
chief and perhaps the only
breadwinner is without work
during the very season which
permits outside activity ot a
construction nature, he said.
Retired Army
General Dies
as the statistics being gleaned
from dusty record books.
Everyone seemed to have
the answers but no one, ap
parently, was doing anything
about it.
Prices on the New York
Stock Exchange continued to
fall in quiet trading Wednes
day with a relatively small
volume of 3,360,000 shares.
Stocks closed at levels close to
the 1962 lows reached seven
days ago and 76 issues regis
tered new lows for the year.
One of these was U.S. Steel,
off $2.25 to $4.25. The loss ap
parently was triggered by re
ports the company might be
forced to reduce its 75-cent
quarterly dividend at its July
directors meeting..
The Dow-Jones average of
30 industrial stocks closed ai
563.08, off .53 points and
just above its 1962 low of
563.00.
The exchange reported
Wednesday the increase in the
short interest position rose to
4,610,961 shares from 3,266,
873 on May 15. The increase
for the month was the biggest
since the exchange started
Regional Edition
Medford,
6 free drinks per carton
RG Half Quarts
SAME PRICE
AS KING SIZE
(wtfj drink
in (wrvbotte
SWITCH TO RC
HALF QUARTS
6
OS
SAVE!
fFS t
! ............ -J$
it
ilMMSKftlim t Wt 1
Page 2-A
RIBUNE
MEDFORD, OREGON, THURSDAY, JUNE 21, 1962
compiling short interest rec
ords in 1931.
Short interest occurs when
a trader sells borrowed stock
in hopes of buying it back
later at a lower price and
making a profit.
There were different opin
ions on the state of the econ
omy coming from Washing
ton, as well as Wall Street.
Labor Secretary Arthur J.
Goldberg Wednesday took ex
ception to remarks by Ewan
Clague, commissioner of labor
statistics, who said a study of
long-range economic trends
would indicate a recession in
1963.
Goldberg said this is not so,
that he did not believe there
would be a recession next
year.
Clague then Issued a state
ment saying his comments
were "informal" and should
not have been interpreted as
predicting a possible 1963 re
cession. Opinions of Wall Street, too,
seem to fluctuate like the temperature-humidity
index. Ev
erybody is playing the guess
ing game, but no one seems
to have the answer.
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