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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 5, 1962)
e 6 6 THURSDAY. JULY 5. 1962 MEDFORD MAIL TRIBUNE. MEDFORD, OREGON STRAUSS CHOICE MEATS FRYERS Bridgmon Bros. Fancy Pan Ready lb. GROUND BEEF Fresh Lean tjj) lbs. "J it? Large 40 Oz. Pkg. n A f k. I A Caveman & United Meat Products DVjLvJv2lN BythePiece lb. POT ROASTS All Trimmed Center Cuts lb. 00 CUBE STEAKS Randy Beef " and Veal j for r' -"T " - ' I?.' S.DJEAWMZHXOF COMMERCE " Biscfiiscfc ' f ABOVE i , V. S. DEPARTMENT OFXOMWgRCE "N J '-j mm" man PREDICTED PBECmTATtON KJtT 1962 WEATHER OUTLOOK The Weather Bureau's 30-day outlook for July calls for temperatures to average above seasonal normals over the northern half oi the nation ly InR between the Continental Divide and the Appalachians. Below normal temperatures are expected to prevail over the southeast quarter and along the Pacific Coast, while in normal u:i;i;J unspecified areas normal temperatures are in prospect. Precipitation is expected to exceed normal in the Gulf States and over the Pacific Northwest, subnormal rainfall is predicted in the northern halt ot the area eastward from tile Rockies. Otherwise, about near normal precipitation is anticipated. (UP1) Several Hundred Persons Paid To Throw Away Money By HARRY FERGUSON Washington - IUP1I - There is a man here who gets paid for dumping money into a hot stove and several hundred who are paid to throw a lot of it away every day. It's eay conic, easy go at the Federal Bureau of Engraving which manufactures our pa per money. The stuff rolls off the press es in a steady, beautiful stream and if you promise not to touch you can watch a sheet of paper turn into cash. It's likely to be a frus trating experience because you also watch money being destroyed. About $30 million a day worth of worn out currency is burned In inciner aliirs by a man who tosses in the bundles with the casual air nf somebody emptying the day's trash. Tests have proved thai American currency Is the best In the world from the standpoint of the quality of the bills. It Is tougher, better engraved, hairier to counter feit and printed with an Ink whose formula Is so secret that only a dnen men know how to manufacture It- Hun dreds of persons work full time scanning every bill be fore it goes inlo circulation and discard those with flaws so tiny the general public would never notice tlieni. Americans take the quality of their money so much for granled thai they seldom ex amine It close. "What color is dollar hill?" a bureau official asked this reporter "green," was the last answer. Too Fast It was loo fast, because the front of a dollar bill Is black. The reverse side Is green. The Bureau of Engraving docs not encourage stumbling but they have found that the odds are nine to one that a person will come up with the wrong ans wer. The temptation to get do-it-yourself kit and manu facture your own money is, of course, irresistible to the un derworld. About 30,000 coun. terfeiting cases are reported every year to the U. S. Secret Service. There probably never will be a counterfeit bill marie that cannot be de tected by an expert, but some reproductions are so crude it is Impossible to understand why they were accepted. The favorite case is that of a 10-year-old boy who made a $5 bill with colored pencils. Ho passed it, loo, but eventually It was traced to him and he was warned to desist. Where upon he promptly made another $5 bill and passed that, too. Favorites Denominations of $5, $10 and $110 arc the favorites of counterfeiters, the reason be ing that you don't get much change in legitimate money from a $1 bill. Occasionally a $100 bill shows up, but this Is made by a special type of counterfeiter. He salts six or seven pieces of counterfeit inlo a roll of authentic $100 hills and then buys an auto mobile for cash. His gamble is that he can sell the new car for enough to turn a profit. The Bureau of F.ngra ing's battle against counterfeiters starts at the null where the paper is purchased. This is the Crane Paper Co., Da Hon, Mass., where agents of the Bureau are on duly constant ly. The paper, made of a blend of linen and cotton, has red and blue threads stirred Into it. You can see them if you hold a fairly new bill up to the light. This paper is difficult to duplicate and it is illegal for anybody else to manufacture It. One specification is that the paper must be able lo withstand being double fold ed 2.200 times wit hunt cl ack ing or bursting. Paper money gets rough treatment and the life of a $1 bill averages IH months, alter which it goe into the incinerator. Larger bills don't circulate so fast and have a longer life. The raw paper, each sheet of which produces 32 bills, is guarded as carefully as though it weie finished mon ey. Any counterfeiter who gut hold of a stack of paper would have a long head start on the Secret Service. Can Spot There are several ways a layman can spot a counterfeit bill: -The picture of George Washington on the genuine $1 bill is a masterpiece of en graving. The face looks alne. The eyes look straight at you. Counterfeiters cannot repro duce this with the equipment they use. Washington's face looks dead and the back ground around his head is much darker than it is on an authentic bill. Look for the red and blue threads. - Huh your finger across the words "United States of America" which appear on hills. Because of a process known as "deep engraving" the words feel as (hough they were raised from the surface of the bill. Counterfeit bills feel smooth. - The Treasury Seal just to the right of the picture is a give-away. The small spikes are of irregular lengths and sometimes you cannot see them at all. The Bureau of Kngraving has the love for a $2 bill Hint parents have for a handicap lied child. They keep making them, hul nobody seems to wan! them because there is a legend that they are un lucky. How and where Hie legend originaled never has been cst.'bhshrri. but when outworn S" lulls are returned to be destroyed many of them have a tiny piece torn off the upper right hand corner. I he ulea seems to be general that if you get stuck with a S2 bill, you can re move the unlucky curse by tearing off a piece of It. Don't Giv Up If there is a fire in your house and the bank roll is partly burned, don't give up hope. It may si ill be worlh its face value. If three-fifths of a hill is intact, you can change it for a fresh hank note. If two-fifths of a bill is still there, the Treasurer of the Vniteri Slates will give you one-half of the face value. Nothing bigger than a $100 bill has been made since 19-lti because there is no public de mand for larger denomina tions But lots of the big ones are still out and they are en tirely legal $500, $1,000, $5,000 and $10,000, There even is a $100,000 certificate lieai ing the picture of Wood iiiw Wilson, but the big stuff is held almost entirely by banks w ho use it in trans actions with other banks. That is why banks often are asked to' settle bets about whose picture is on the $1,000 bill Answer Grovor Cleve land Actually a bill is nol mon ey. It is merely a promise to pay money and that is why at the bottom of the bill it says "one dollar in silver pay able to the bearer on de mand." The silver Is there any time you want it. It costs the Bureau about $9 to make 1.000 bank notes, regardless whether they are $1 or $100 bills. They all wind up in the trash anyway. Open House Set at Maico-Medford Firm Open house will be held by Maico Mcdford Hearing Aid center, 820 "Oast Main st dur ing the week of July 9, ac cording to Henry Myhrc, man ager. The event will com memorate the 25lh anniver sary of Maico Electronics, Inc. During the open house scientific hearing le.sts will he demonstrated on the latest equipment made by Maico. The company began with the manufacture of hearing test instruments. Also featurtri during the ( week will he displays of old ; hearing aid models to com j pare with the modern units. Hours for the open house will be fl a m, to 5 p m. SOLDIERS GIVEN-MEDALS Hamburg U'Ph The mayor of Hamburg presented medals of appreciation Wednesday to American, British. Canadian and German soldiers who per formed rescue work during last February's flood disaster in this area. Sgl, Norman N, Kilbarger of Lancaster, Ohio, headed the It-man U S. group. The medals were inscribed: "A thankful Hamburg to its friend in need." f n )OI3W IBlBlUI. 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