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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 24, 1962)
TUESDAY. JULY 24. 1962 MEDFOHD MAIL TRIBUNE. MEDiOHD. OHEGON ' . : .y. i it I i ; 1 J I i "-.. - . I ii.il unite- -'i ' -- ,: 7 -V r0 o .d m it ! ifS , i 1 ' I S I f fx , I 5:ovc-Average Rating City for Business n If V M- ftniYl i civfn an above ;ci;trc ritinc for business vMlsiv in S'tlrs Manage mi hi jjiinujil report on b'jy im: f.ov.rr. rrrcnlly released. Tin maiori'.y of local fami i' ho'.v?, earned more .'i'i'I -rjcnl more in the pa.st year than did families in most pans of the nation. Toe economic doldrums of ihe previous year, when busi ness '.vas spiittering alonK in Imv ji'ir. locally and clse- ta ie, wr re wiped away th'i!out!lil' by the strong up lorn that took place in the la.i ooarlcr of Prf-sented In Report Kacts and figures detailinR inmnie and spending per household, and the way they vancn from community to o'l inunity, are presented in Ine copyrighted report. In Mf rlfnrd. the resurgence f i r I'liii-iinirr buying produced a sales volume in local relail stores of $fi0.5f5,000, an in-erca.-e over l!)li(l's total of Si;;; diij ddd. On the basis of population, (!" amount was well above what should have been ex neeted Ih'ekoncd in that way, local r',tml business should have amounted to only .0133 p r criit of the national vol ume. Actually, however, it went lo .(KU7 per cent. Cet' aimer Hesitant 'I -ic fine result was achieved despite the effects of the recession, which carried over into the first few months of 1961. The consumer was still hesitant and cautious in his spending during that per iod. Not until the latter months of the year did he fully come out of his shell and let loose with his dollars. What would have been a moderate year for business was suddenly trans formed into a good one. The upsurge was made pos sible by better earnings, on the average. The survey shows that net income locally, after payment of taxes, totaled $52,862,000, compared with the 1960 fig ure of $50,395,000. S6.293 Per Household It was equivalent to $6,293 per household, an arithmetic average obtained by dividing net Income by the number of households. The excess of sales over in come shows that people from the surrounding area shop in the city. The comparative standing of each community with re spect to business activity, taking account retail sales and population, is shown through an "index of sales production." The index rating of Med ford is given as 238. or 138 per cent above the national average. The town of Assifi in cen-'St. Francis It has little com- The California Taxpayers cent, the cost of livinx went ral Italy has changed little in merce or industry and most association reports that be-up 117 per cent and total appearance since the middle ! of its income is derived from i tween 1940 and 1961 Califor- property taxes increased 643 ages when it was the home of tourists. i nia's population grew 132 per per cent. ' A- v J ft fl .....wn-.iW"-""'" ? , '.'.-urf ' lit:"-. MiwwfaiMK' - : w t r aSA..-4 r ' -V I 1 fSltM m. m. 1 . Oti-a-W Vacation in a beautiful Buick Le Sabre this summer ( the rates are surprisingly low!). Most of the things you'd like in your next new car at a price you'd like to pay you'll probably find only in the spiffy Buick LeSabre. Here's just a partial rundown of what LeSabre offers, Buick quality, room, ride and extra re-sale value. The high performing Buick Wildcat Y'8. The greater road stability of Buick's engine-forward Advanced Thrust engineering (it aiso means a nearly flat front floor!). Buick's jolt-free automatic Turbine Drive. Buick's famed finned aluminum front brakes. AH standard and Le Sabre's priced close to many "low price" car models. Why not start your Le Sabre vacation right now? Your Buick dealer is making it mighty easy for you to save during his big fly, gyp ggg g Topi In TV! "Sing .long with Mitch" Thunday tvening, NBC-TV. Drought to you by Buick on behalf of your authorixed Buick dtalth SKINNER BUICK CADILLAC 143 So. Riverside WAV.;. .1' '? I ill! i Bl.. 31 IN GALLERY This painting by Bill Min- gold key and blue ribbon awards It ! neci, 14, son of Mr. and Mrs. Ross A. Min- was sent to New York, where it wa- ;:.t neci, 224 Vancouver ave., is hanging in the ed an honor prize by Hallmark Cards. h Junior gallery at the Nelson Gallery of Art co-spoheors the art project. Youm: Minn in Kansas City. Mo. Entitled "Buildings," rcccivedia $100 purchase award from II. the watercolor utilized dark purple and mark. A freshman at Iledritk .lunmr n sand colors on canavas. The painting was school. Minneci has studied with Miss t'.i entered in the regional Scholastics Art erine Fonkcn. Award program in Portland. There it won i! 1 : V esMiB : "TO . III hm'rft 5(bu 1 .- .'.VC i I Dcoliltle Again Heads Air Guard Salem -IUHI- Col. Gordon L. Doolittle, Portland, is re turning after a five years ab sunce to again become com manding officer of the Oregon Air National Guard. Slate Ad jutant General Paul Klievcr announced Monday. Doolittle will succeed Col. Waldo E. Timm. Portland, who has been commanding of ficer for the past four years. The change is effective Aug. 1. Doolittle was commanding officer and chief of staff for air five years ago when he lefl for a one year lour at the Air War college in Alabama, and four years of active duly in the Air Force. In addition to the other titles, Doolittle, combat fight er pilot in World War II. will become base detachment com mander at Portland Air base. Timm has been called lo Washington, D C. and will be gin a four year lour of active duty. Goldwafer To Address Oregon GOP Rally Portland -HTH- Sen. Barry Goldwnter (ft-Ariz), is sched uled to address a "Welcome to Oregon" Republican rally and picnic nt Lewis and Clark college here Sept. 3. It will hi Goldwater's sec ond visit to Oregon this summer. Frost Never Forms on Refrigerator or Freezer! WIZARD 2-DOOR "Custom Refrigerator-Freezer No Money Down 3.50 Week Your M ' 'I 4 n ' u 7 J mm It r iUk you'll bo ft Very special Person in Portland nt the Wtttern Hotel tnjny the finest comfortable irrom modalion. tcllent food rd bfveuiKf in Ihf GrWdf" Knfg'it, downtown locitio". free parking i"d W. For Rtttrvitiona Call Your Travel Agtnt or Writt Raiervatien Office Multnomah West arn Hotel, i...i..iiWnw ii By SYLVIA PORTER Copynqht, Hall Syndicate, In WBifiWBH fliiilifni? riiilil iii ; i i i . f. , , ; h , , PROFILE OF AN INDUSTRIAL TYCOON What sort of men hrac. America's ftlW l;irr -t co! pout mn - the power elite of U. S. industry which in iniil alow chalk ed up sales totHling an awesome $2 0f hilhnn, mvniiniptj lov more than half the sales and over 70 per rent nf ihn nmiits of all U. S. manufacluriiiK and mining rnmparne n.M . i" the brcs, educations, backgrounds of the mnruim pu imi over companies which in one year produce inure tn.ni the total output of dozens of well-known nation around tiie globe? Here's a profile of this tycoon. He s between 50 and 5ft years of an, ami if he dent of a tfiant with sales of more than a hiM-hill lars a year he didn't rc his position until lie was n . He has held his present job for five year.-, or rose through the executive ranks via in.uni marketing although if he's president of the bt bigs, he also may have come up Ihiounh iht and scientific routes. Ha has at least a bachelor'! dnqrro. mo.l 1 tained from a college or university J Yala, Princeton, Harvard, Cornell and M.I.T. Hvi list. Ha haa worked for only one to two companies, rara axecption it he switched jobs frequently. lie holds one or nunc directorships in oth. n IndicntinR he has great influence outside a his own company. This Is a summary of the major charade presidents of 453 of the 5tWl lament o'p.", by Fortune Magazine. The study wa.s matle l StrugRles. one of the biggest and oldest eveeut firms In the country and is. says II S. the tn j made of the presidents of the top fiiio Wu. ! H Se S was to find out for its own gradual- . the men rose lo the top, it has fascinatim; in any of you who are striving to reach the .;;: the men bear impressive sunilaril ie o eai ii A first key point is their education, of tin per cent have nt least a bachelors diL!'.- ..r i are presidents of companies w ith mt.- a more 81 per cent have at let-a tni o Heidrick VV Struggles 'in tins era oi p ;, ment, education is etxrcmely impoit.ini .out seldom look for a man without a colli .v .h cause we think the degrees neeessaritv n.tki but because we think the college giaiituue broader outlook and be more poised " A second significant point i the Mnulapi" V tht routes they took to the pinnacle nunu1 u (t i kettng, engineering or science. Says tho ir-iu'i'" "Most companies, including the in rir-f ci"i leaking an increasing number of exrculivrs w .:, c ing and scientific backgrounds.'' A third provocative point is the unnmpti .' To me, it was astounding to read that It p.; . .presidents have worked lor only one co-op ,n , : per cent have worked for only two Y.f :.e. jinto consideration, tliis u a ii;uilinL: f.r,t ! other end of the scale the piopmi.on w around worked for se en or mo'v i o-i ; i r . ,4 per cent. Rut the results fit in with aiu. I - -I in this column from other job experts Sue,- : , i . ' moving around in your -ik. at ace . . j ahout the place you want to be ami v I concentrate on achieving them ; Finally, a point which stand on! ; limp the men remain at the peak n' in this office more than Id e.ii. ,nt . ' . j only one in nine sia s m thi ot i r . Tlie explanation is Minplc, lmwei! " dustnal giants there iisiialh nse a n i men down t line.'' and when t r p-c I 60s, a younger 50 Ail lake"; his spot It's only a skelton profile, but tiie e a : i in it for the young and anibnioui I i' Ms imperative - and the specialists' a:c ch ..r : : n ; you have training, find your comp.v ; i with it and work up through th i-iiu ;?VF ft :V--','5'lwi'?'vl I 8" Fun M 13' jfymrm Mj ' j;jf w''f. 1 mm Jut Workin Trade Messy defrosting and limited storage space . . .does this describe your present refrigerator? Why not trade it today on a new Wiiard Suburbanl Almost 13 cu. ft. of storage and 109-lb. freezer that never needs defrostingl Enjoy deep-door storage shelves and bottles, dairy and egg compartments, two big crispers. WIZARD Appliances-Chosen for Quality Over 1,800,000 Times! WIZARD SPECIAL Family-Size Refrigerator No Money Down! 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STORE HOURS 9:00 to 5:30 Daily Friday Nits Till 9 P.M. 25 South Riverside Phone 772-6217 Downtown Medford free Parking 0