12 A
FRIDAY. SEPTEMBER 7. 1982
MEDFORD MAIL TRIBUNE. MEDFORD. OREGON
Company Announces
Expansion Program
Vancouver, Wash. - OJPt - A
$500,000 expansion program
for ingot production facilities
at the Aluminum Company of
America's Vancouver plant
will start ' immediately, the
firm said Wednesday,
William Jenkins, Alcoa's
fabricating works manager,
said the work will be finished
next summer. The program
will include additions to exist
ing buildings and new produc
tion equipment.
Unusual Series of Photos Given to FAA by Engineers
Klamath Falls -il'Pli- Senate
President Harry Boivin issued
a call Thursday for an "impor
tant" legislative reapportion
ment meeting to be held , in
Bend, Sept. 16.
Washington, n.'PD - The flight
engineers union today turned
over to the Federal Aviation
Agency a series of photo
graphs purporting to show air
line pilots sleeping or reading
at the controls.
One showed an airline
stewardess apparently flying
an airliner.
The Flight Engineers Inter
national association produced
the photographs, whose exist
ence had been rumored for
some time, at the request of
FAA Administrator Najecb E.
Halaby.
The FAA said there were 39
photographs in the packet. It
said all were taken more than
a year ago. A spokesman said
an investigation was being
made. The agency declined to
identify the airline or airlines
involved. Other sources said
lic "because of the seriously
fear of reprisals from several i should be the third man in
quarters." the cockpit when Jet crews are
The engineers and the pi-1 reduced from four to three
lots are at odds over who ' men.
the pictures were taken
aboard planes operated by one
carrier.
Private Individuals
Union President Ron Brown
at first declined to turn over
the pictures. He said they
were in the hands of private
individual! and not the union.
FAA general Counsel Nathan
iel H. Goodrich then demand
ed that FEIA identify the
light engineers who took the
pictures.
Brown delivered the photo
graphs to FAA personally. He
also issued a statement saying
the individuals involved were
reluctant to make them pub
adverse effect on the airline
industry, not to mention their
Our Fit? EXCELLENT!
WE GUARANTEE IT!
Jacksonville Girl To
Enroll in Concordia
Jacksonville - Mls.i Mary
ann Hein, daughter of Mr.
and Mrs. Richard R. Hein,
route 1, box A, Jacksonville,
will go to Portland this week,
where she will enroll as a
freshman student at Con
cordia college.
Miss Hein was graduated
from Medford High school.
Concordia college is a junior
college affiliated with the
Lutheran church.
Kennedy Fuel Oil
Offering the best in:
Oil Heating Equipment
Fuel Oil
Oil Burner Service
Dial 773-5896
FOUND TOO GENEROUS
Romford, England - il'Pli -Romford
cleansing Superin
tendent Sidney Johnson was
criticized by the Town Coun
cil Wednesday for paying out
3,363 pounds ($9,488) In un
deserved overtime to keep
the city garbagemen happy.
Dennis the Menace
CPAzy LITTLE Boy WWTS CtlSffP 'OH HIS CHOP SUEY'
v I
f'n: iili ii 111 ii
Your Money's
Worth
By SYLVIA PORTER
Copyright, Hall Syndicate, Inc.
COMPETITION TAKING STIFF TOLL OF BUSINESS
FIRMS
The fircc.it competitive era' In modern United Slates
Mslory is taking a stiff loll of our bv.'ines firms.
The trend of business deaths and the losses they create
has been zig-zagging from month to month, but when the
totals of business failures and their liabilities are studied
coldly over recent years, there Is no question that the death
trend is up. - ' . . .
The trend of business births also has been zig-zagging
but when the total of new business incorporations is chart
ed over a period of time, there also ii ho question that the
birth trend Is down.
These two statistics - business failure liabilities and net
' new business Incorporations are among the 12 "leading"
Indicators of economic cycles in our coountry. The blunt
meaning of this is that their adverse movements now well
may be telegraphing in advance the next business slide.
But, significant as this is, even mora important is th
evidence that business deaths arc In a LONG-TERM UP
TREND while business deaths art In a LONG-TERM
DOWNTREND, for this says plainly that there ara forces
which ar fundamentally wrong In our conomy, and unless
we correct tham so more buiinttsas can survive and thrive
we'll not be able to provide tha Jobs and paychecks needed
for our working population.
The evidence of the long-term trends is clear.
llemi The total of operating business concerns at the start
of 1962 was around 4,730.000, up about 40,000 over the start
of 1961. But the rise during recovery 1961 was less than 1
per cent, smaller even than the rise in recession 1960. This
takes the glitter off the fact that the total of business is
at an all-time peak.
Itemi While 437,000 firms were born In 1961, this was
bout the same as in 1960 and nearly 400.000 companies died
last year. The deaths In recovery 1961 were 3.5 per cent
higher than in recession 1960.
Itemi The growth in our business population has slowed
to about 1 per cent in the past two years and the number
of firms in manufacturing now is actually lower than it was
10 years ago. '
Itemi The failure r.ite improved In June, but the Improve
ment was exceedingly spotty, and among manufacturing busi
ness failures hit a seven-month high.
Item: As the improvement in June was highly selective by
line of business, so it was selective by geographical distribu
tion. Most of the improvement was concentrated in a few
states - New York, Illinois, Michigan, Alabama, Louisiana.
In Colorado and Arizona the failure rate is way up.
The pattern Is unmistakable. Why? Dun & Bradstrect has
made a breakdown of the causes of the 17,073 failures which
it recorded in 1961 (highest since 1033) into these catagories:
inexperience, 46.9 per cent; incompetence. 44 4 per cent;
neglect, 3 per cent; fraud, 1.3 per cent; disaster, 0.8 per cent;
reason unknown, 3.6 per cent.
But underlying all these fundamentals is THE fundamen
tal - tough competition tn a nation which is )uit not grow
ing strongly enough to support a rapidly axpanding busi
ness population or labor population. Many fields are over
crowded. Thtra have bean violent shifts in consumer de
mands. Profits have baen in a protracted iqueeie contiiting
of stable prices on tha side, climbing costs on tha other.
Tha problem of adequate financing of smaller business
particularly has baan compounded since tha crack in tthe
stock market.
Even established firms arc no longer Immune to the pres
sures. More than 21 per cent of the business tailing In 1961,
Pun Bradstreot reports, had been In existenrc for more
than 10 years, more than 22 per cent had been In existence
ix tn 10 years.
As always, the highest mortality rate is among the busi
ness babies - a death rale of 36 2 per cent In businesses in
existence five years or less In 1961 - but the toll is rising
among older ones too.
If this is the pattern In the recovery years of 1961 62, you
well may shiver over how failures will swell and the start
of new enterprises will shrink when the next downturn hits
unless we tackle in time and boldly the problem of acceler
ating our growth.
ANNOUNCES SELECTION
Eugene - (ITP - Bishop A.
Haymond Grant has an
nounced selection of Dr. Nor
man Conard of San Francisco
s minister of the First Metho
dist church here. Dr. Conard
succeeds Rev. Clarence Fors
herg, who has moved to Lin
coln, Neb.
Helps You Overcome
FALSE TEETH
Loosentss and Worry
No longer ht innnrtxl or fi! UI-'-Mt
baniMt of luow wobnir fi
teeth FASIKMH in imprm ed lk
llne innn-i-i(i t norler. innnnied on
your plttM hold, ihem firmer o thy
fel trior comfortable Atoirl emrtur
rtwmentruitel h? lno pltttM (tt
PABTKCTH at ny flnif counter.
SELF
SERVICE
MAS MOVED TO 6th and iALTFLETT
AMD SAVE FRO Aft 30 TO 75
We Must Make Room for New Merchandise Now in Transit!
ALL FURNITURE MOVED FROM OUR OLD STORE MUST BE SOLD NOW!
NO REASONABLE
OFFER REFUSED
BRING TRUCK!
BRING TRAILER
SAVE SSSSSS SAVE $$$$$$ SAVE SSSSSS
List Price
1- Only
2- 0nly
1- Only
2- 0nly
1- Only
2- 0nly
1 -Only
1- Only
2- 0nly
1-Qnly
1- Only
2- 0nly
2-0nly
1-0n!y
1-Only
1-Only
1-Only
1-Only
1-Only
1-Only
Hide-A-Bed, Brown, 100 Nylon 279.95
Sofa and Chair, Beige, 100 Nylon 379.95
Divan and Chair, Colonial, Choc. Brown . . . 289.95
4 pc. Sectional, Brown, 100 Nylon & Foam 499.95
Hida-A-Bed, Colonial, Charcoal Brown .... 299.95
Sofa & Chair, Turquoise, Foam & Nylon . . . 379.95
Divan & Chair, Colonial, Gold Nylon Cover . 289.95
4 pc. Sectional, Beige, Zipper Cushions . . 499.95
Swivel Rockers, Beige, 100 Nylon 99.95
Hide-A-Bed, Colonial, Gold 299.95
4 pc. Sectional, 100 Nylon, Beige, Foam . 459.95
Swivel Rocker, Black, 1Q0 Nylon 99.95
Sofa & Chair, Rich Brown, 100 Nylon . . . 379.95
Hide-A-Bed, Modern, 100 Nylon 279.95
Swivel Rocker, Gold, 1C0 Nylon 99.95
4 pc. Sectional, Deco. Fab., 100 Nylon . . 459.95
Hide-A-Bed, Colonial, Toast 299.95
4 pc. Sectional, Turquoise, 100 Nylon . . . 499.95
Swivel Rocker, Coral, 100 Nylon 99.95
2 pc. Sectional, Foam & Nylon 259.95
ITEMS LISTED BELOW DAMAGED IN MOVING--SAVE UP TO 75
list Price
1-Only Rocker, Brown, 100 Nylon 99.95
1-Only Sofa & Chair, Brown, 1C0 Nylon 379.95
1-Only Sofa & Chair, Traditional Style, Whilo .... 369.95
1-Only Sofa & Chair, Traditional, Green 389.95
1-Only Sofa & Chair, Traditional, White 369.95
i-uniy o ii. ooia, uoioniai, uarx Brown ibs.ss
Cash Price
22.88
142.50
144.12
141.16
92.50
84.16
list Price
4 DAYS ONLY!
EM
Ulna! M
1-0nly 6 pc. Bedroom, Walnut Finish 309.95
1-Only 6 pc. Bedroom, Danish Modern, Walnut . . 299.95
1-Only 4 pc. Bedroom, Walnut Finish 229.95
1- Only 4 pc. Bedroom, Blond 1S9.95
2- 0nly 7 pc. Dinettes, Walnut Tops 159.95
1-Only 7 pc. Dinette, Blond Top 169.95
ALL SALES Ft
N
NAL!
11 A.M.
till 6 P.M.
FRIDAY
SATURDAY
MONDAY
9 A.M.
till 9 P.M.
Cash Price List Price Cash Price
185.47 1-Only 3 pc. Sectional, Bumper End, 100 Nylon . 339.95 239.92
247.42 4-0nly Divan & Chair, Beige, 100 Nylon ....... 179.95 128.88
1 87.50 2-0nly Divan & Chair, Turquoise, 1 C0 Nylon ... 1 79.95 1 28.88
333.30 1-Only 3 pc. Sectional, Turquoise, 100 Nylon . . 259.95 185.52
185.47 1-Only Sofa & Chair, 100 Nylon, Foam Rubber . . 259.95 183.92
247.42 1-Only Sofa & Chair 100 Nylon, Sea Green .... 409.95 291.20
187.50 3-0nly Sofa & Chair, Hi-Roll Back, Foam Const. . . 439.95 307.20
333.30 1-Only 4 pc. Sectional, 100 Nylon, Decorator Col. 399.95 280.41
59.81 2-0nly 8 ft. Sofa only, Early American, Gold 289.95 149.92
185.47 1-Only 8 ft. Sofa only, Early American, Tweed . . . 289.95 149.92
289.65 1 -Only Sofa & Chair, Brown Print, Traditional Style 389.95 1 74.1 4
59.81 2-0nly Sofa & Chair, Colonial, Charcoal Brown . . . 359.95 147.16
247.42 1-Only Sofa & Chair, Colonial, Gold 359.95 147.16
185.47 1-Only Sofa & Chair, Modern, Coral, 100 Nylon . 393.95 227.21
59.81 1-Only Sofa & Chair, Brown, Foam Cushion ..... 293.95 184.16
289.65 4-0nly 6 pc. Bedroom Sets, Danish Modern 239.95 1 83.97
185.47 1-Only 6 pc. Bedroom Set, Walnut Finish 309.95 1S9.20
333.30 3-0nly 4 pc. Bedroom Sets, Modern, Walnut 229.95 1 26.52
59.81 3-0nly 4 pc. Bedroom Sets, Danish Mod., Walnut . 239.95 143.55
184.80 1-Only 4 pc. Bedroom Set, Champagne Finish . . . 259.95 158.77
Cash Price
158.16
146.12
98.86
57.22
77.88
88.88