Long-Awai
Senate Investigation
Hapco's End 0' June
TV SALE!
illie
Un
Sol
Estes
lay
Stocks Irregularly Lower
En Light Early Dealings
Mom Vnrlf (1IPII - Stocks
curved irregularly lower in
relatively light early dealings
today.
Most of the plvotals edged
lower. Steels were down
frntinna In n nnlnt in YoungiS-
town and Alcgheny-Ludlum
anH rhpmlrnls showed a slmi-
Inr trend. featurinB Du Pont
off 1 and Kodak down a
point.
Oils and autos were small
b m n 11 n t s lnwi where
changed. Other heavyweight
highlights were Owens-Illinois
off Vi and Swift down
1.
In the rails, Norfolk &
Western dipped a point and
a rnmnarable loss appeared
in Houston Lighting among
the utilities. Drugs showed
People's Drug off 2V4 and
TJiphnrrison-Merrell down 1.
Motorola, Texas Instru
ments and National Cash dip
ped more than a point among
the growth stocks but IBM
recovered around 3. Most
other groups were narrowly
scrambled
DOW JONES AVERAGES
New York-IUPD-Dow Jones
final stock avariages: 30 in
dustrials 535.78, off 1.01;
20 railroads 116.05, up 0.09;
15 utiliiiet 103.33, up 0.28,
and 65 stocks 187.41, off
0.04. Sales Tuesday ware
about 4.36 million shares
compared with 7.09 million
shares Monday.
Tuesday's prices on selected
hocks:
Alum Co Am
American Air Lines ....
American Can
AT&T
American Tobacco
Anaconda Copper
Uendix Corp
Bethlehem Steel
Boeing Air
Brunswick
Caterpillar Corp
Chrysler Corp
Corn Cola
CBS. ..
Continental Can
Crown Zellerhucn
Crucible Steel
Curliss WrlRht
Dow Chemical
tu Pont
T'tstman Kodak
Firestone
Ford ...
47',
IB Ik
40 ij
100
.10 ',i
;im,
sin.
314a
3F1J,
22!.
30 V,
40',i
. 74
U',i
. 31)
. 42'.'t
. 13
.. H"
.. 40 !,
..1117
.. 87 'a
.. 3H.
.. 72 !
Regional Edition
Medford
MEDFORD, OREGON, WEDNESDAY, JUNE 27. 19(12
Foreign
ITALY TO REDUCE SIZE OF BILLS
Rome-lPI-Itnly will stop issuing its huge five by ton
ten inch 10,000 lire banknotes and bring out a normal-sized
bill, the Bank of Italy announced. The salmon-colored 10,000
lire notes, now worth about S16, have been found too difficult
to stuff into purses. The new notes will be about the size of
dollar bills.
TANGANYIKA TO CHECK DISPATCHES
Dar as Salaam, Tanganyika - ITU - Home Minister Oscar
Kambona warned Tuesday that
would lake "proper steps" if
ed something not In the national interest "out of mischief.
Kambona did not elaborate on the measures proposed or the
standards by which dispatches would be judged.
GERMANY FINDS CZECH CITIZEN GUILTY
Karlsruhe, Germany-llTtl-Csech citizen Josef Borovicka,
28, was convicted of spying on NATO airfields Tuesday and
sentenced to 3Vi years in prison. Borovicka also was found
guilty of complicity in the attempted murder of a Czech
exile politician.
CREMATION FEDERATION TO APPEAL BAN
Margate, England-IUPIi-The International Cremation fed
eration announced Tuesday it will petition the ecumenical
council of the Roman Catholic church to change its ban
on cremation.
Sir John Cameron, president of the British Cremation
society, told 250 delegates here that he believed the ban was
a measure on which the objections of the church could be
overcome.
The ecumenical council, which meots in October, "may
not meet again in our lifetime, and if any change is to be
made, it must be made now." Cameron said.
confidentially We LOVE
i
i
THE UNITED STATES
General Electric 33'a
General Food 00',
General Motors 4fi
Georgia Pacific 31r'ii
Greyhound 22
Gulf Oil 34',
Idaho Power 2)1-.,
IBM 320
Int Paper 25B,
Johns Manvllle 423,,
Kennecott Copper lifl
Lockheed Aircraft 413i
Merck 12 i
Montana Power 30 A
Montgomery Ward 2.V,
Nal'l Biscuit 32',
New York Central 11 U
Northern Pacific 32
Pac Gas Elec 2(1 U
Penney. J. C, 40
Penn RR 10?,
Perma Cement 14
Phillips 44',
Procter & Gamble SB1.,
Radio Corp 30
Safeway 40fi
1 s
i I '
ON VACATION Sir Winston
' ,titr
w ' a ' "
hpui'tv. Is shown leaving his livdo Park Gate home in Lon
don on, his way to Monte Cni lo where he plans to spend
his annual vacation. The famed British statesman is 87. (UPI)
Page 2-A
Tribune
the Tanganyika government
foreign correspondents report
Briefs
NATIONAL BANK OF PQftTlAND
Sears .
Shell Oil
Socony Mobil Oil
Soul hern Co
Southern Pacific
Sperry Rand
Standard California ..
Standard Indiana -
Standard N. J
Sun Mines
Texac Co
Texas Gulf Sulfur
Texas Pacific Land Trust .
Thlokol
Transamerlca
Trans World Air
Trl-Continental
Union Carbide
Union Pacific
United Alrcral!
United Airlines
U. S. Plywood
U S. Rubber
. 30.
. 38i
. 23':
. 13":
. 52'.,
. 44
. 48'.',
V
. 4S
. 12
1.V1
. 287',
40 H
U S Steel
West Bank Corp
Wcstlnghouse
1
ft , ; t
i.'j. ' i , i
Churchill, looking hale and
Jerry Lewis, Wife
Robbed of Jewels
New York - fUPlI - Thieves
stole gems valued at $185,000
from the mkllown Manhattan
hotel suite of entertainer
Jerry Lewis Tuesday night
while the comedian and his
wife, Pattl, were out.
11 was the sixth large jewel
theft from Manhattan hotels
within the Inst two months.
Police notified the FBI, on
the theory the loot might be
taken across state lines.
About :t5 pieces of jewelry
were stolen, the bulk of them
belonging to Mrs. Lewis. The
largest were a diamond neck
lace and matching bracelet
valued at $:t5.000.
Last Friday, gems valued
at $;i5,0()0 were stolen from
1 lie ninth floor suite of Mrs.
'Florence Adelson at the same
hotel.
Medford Girl Injured
In Accident in City
A lU-ycnr-old Medford girl
nnrbiira Eileen Aeschliman
il!!) Benson St., was taken to
Rogue Valley hospital last
week end after she was in
Jilted when the car which
she was driving struck
narked car in front of ill
jUnkota ave., according to city
police.
The parked vehicle wu:
registered to Hell E. and liet
:ty J. Davis, Cold Hill. Miss
j Aeschliman was cited by po
lice (or violation of basic
1 rule.
to Loan!
Buying or building a home?
H your answer is " 'deed we are,"
see U. S. tor tailored home
financing, customized to your
family needs and income. II you
now own a home, you may
find it prolitjble to refinance
through U. S. National.
1
Subcommittee's
Coordinator on
Witness Stand
Washington - (UPD - Senate
Investigators opened their
long awaited investigation of
the Billie Sol Estes case today
by hearing a statement that
it was "inconceivable" that
government inefficiency alone
enabled the Texan to amass
thousands of acres of im
proper cotton allotments.
This assessment was given
to the Senate investigations
subcommittee by Paul E.
Kamerick, the group's assist
ant counsel and coordinator
for the Washington phase of
the committee's staff study of
Estes' operations.
Kamerick was the first wit
ness. Agriculture Secretary
Orville L. Freeman was
scheduled to testify later in
the day.
Even as the politically ex
plosive hearings got under
way. Sens. Karl E. Mundt (R-
S.D.) and Edmund Muskie
(D-Maine) became involved in
a dispute over the possible
outcome.
Muskie said he could not
resist noting Mundl's opening
comment that " 'We enter
these hearings . . . with no
prejudgments,' " and the sen
ator's following statement
that "It appears that we will
find glaring examples of in
decision, conflicting decisions,
and duplications..."
Something Amiss
Mundt said he was sorry
Muskie saw fit to "challenge"
the remarks, and said he
stood on both of them. He
added that no one could fol
low the staff inquiry without
learning that something was
amiss in the Agriculture De
partment. "I did not challenge the
statement; I simply read it,"
Muskie replied.
Kamerick said inefficiency
probably did play a part in
the case. He said the sub
committee might want to con
sider proposing "a major re
organization" of the Agricul
ture Department and farm
program which he said had
been developed "piecemeal"
fashion over the century of its
existence. '
But Kamerick said that "a
system which permits ineffi-
ciency encourages dishonesty
and some of the facts we have
developed are hard to ex
plain merely on the basis of
inefficiency."
Kamerick also made these
points:
-Undersecretary of Agricul
ture Charles S. Murphy over
rode an adverse personnel
recommendation and directed
the appointment of Estes to
the newly official Agriculture
Department Cotton Advisory
Committee Dec. 22, 1961. That
was the same day Murphy
participated in a later - te
scinded decision that Estes'
1961 cotton allotments should
be cancelled.
-Two of 11 internal audit
groups operating in the de
partment began independent
investigations of Estes opera
tions in mtil. Neither learned
until early this year of the
other's inquiry. The two in
vestigations were never co
ordinated. Will Probe Favoritism
Kamerick testified after
Chairman John L. McClelhm
(D-Ark.) opened the inquiry
with a pledge to try to nail
down whether the government
showed favoritism toward
Estes. He said the subcom
mittee also would look into
the "efficiency and integrity"
of agriculture employees who
dealt with Estes.
McClellan said the im
portance of making sure that
tlte department is operating
efficiently and honestly was
underscored by the fact that
"through it during the current
fiscal year approximately $7.1
billion was expended."
The chairman noted that In
mtil. 8.717.8 acres of cotlon
allotments were transferred
from one location to another
throughout tiie 1'nited States.
"Of this numher 60 per
cent were transferred to two
counties in Texas. Reeves and
Pecos. Of the total transferred
to these Iwo counties. 6(1 per
cent accrued to the benefit of
Billie Sol F.stes. The inequity
is apparent. It is rather clear
that something is wrong, that
a breakdown of some type
has occurred."
BEAUTYARhTvED LATE
Charleston. S C. - il PI' -Mari
Ann Sullivan of New
York arrived here Tuesday
night for the National Press
Photcgraphers' beauty pa
geant, a day later than otht
contestants because of tin'
flicht engineers strike. Miss
Sullivan is an airline stewardess.
South Carolinans
Elect Nixon Backer
By United Press International
A state legislator who led a
"Democrats for Nixon-Lodge"
drive during the 1960 elec
tions defeated a former Ken
neday campaign official Tues
day in a Democratic congres
sional primary in South Caro
lina. State Rep. Albert W. Wat
s o n, 40, defeated Frank
Owens, 63, by about 1,000
votes in incomplete returns.
Owens, trying for a poltical
comeback, handled financial
affairs for the Kennedy cam
paign in South Carolina,
which narrowly went for the
President. Watson supported
the Nixon-Lodge ticket in the
state.
Watson will meet former
Democrat Floyd Spence in the
November election for the
congressional seat being va
cated by the widow of Rep.
John J. Riley, (D-S.C.) Mrs.
Riley, who filled the unex
pired term of her late hus
band, did not seek reelection.
Spence will run on the Re
publican ticket.
Voters in Idaho and North
Dakota also selected congres
Women
with good taste
know they can
depend on
McGuire's . . .
fir rj
r .'.V t n ft
1
v 1 V
... to assist them
in carrying out
their ovn ideas!
(formerly
220 NORTH BARTLETT,
next to Greyhound Phone 773-4394
PEN FRIDAYS 'Til 9:00
o
O CS3
sional nominees in primaries
Tuesday.
Rep. Orval Hansen, 35, Ida
ho Falls attorney, won the
Republican nomination for
Congress in Idaho's 2nd Dis
trict from former Rep. John
Sanborn, 76.
Incumbent Sen. Milton
Young gained an easy victory
over a self-proclaimed "con
servative" opponent in the
North Dakota Republican pri
mary. There were no Democratic
party contests on a statewide
level.
SHIP IT LASME
to or from Oakland, San Fran
eisco, Los Angeles and other
California points.
PTSJ 773-7761
lippert s)
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CLOCK RADIOS $Q88
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