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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 5, 1962)
Manna Official Denies Accusation Leveled Against Hanna, Humphrey TUNNEL SEALED OFF Communist guards look on as Communist equipment is used to seal off an escape tunnel at Lohmuhlen Place in East Berlin. Dug by West Bcrliners to aid escaping refugees, the tunnel was discovered Wednes day by Communist guards. (UPI) Fractional Gains in Most Blue Chips Edge Stock Market Prices Into Higher Figures New York - (UPI) - Stocks edged higher again today. Gains in most blue chips, Including the autos, steels, oils, rails and utilities were of the fractional variety, but Ko dak ran ahead over a point. Polaroid, Xerox and IBM among the glamor issues were up around a point. Aircrafts were firm but metals, tobaccos and some of the other main sections showed little trend. DOW JONES AVERAGES New York - lUI'll - Dow Jones final stock averages: 30 industrials 98Z.41, up 3.89; 20 railroads 115.96, up 0.35; IS utilities 118.14, up 0.S5. and 65 stocks 202.67, up 1.11. Sales Thursday were about 2.53 million shares compared with 2.61 million shares Wednesday. Thursday's prices on selected siocks: Alum Co Am American Air Lines .. American Motori AT&T American Tobacco Anaconda Copper Arnicn ' Benriix Corp .. Ill'', .. 17 ..lOlHi . 2 '.i .. :ini . Alt',', 411 Attorney Indicted In Narcotics Ring New York - HOT - A federal grand jury has Indicted a prominent Massachusetts at torney and three othcis on charges of running a narcotics ring so powerful it could bribe diplomatic couriers -even ambassadors - to smuggle mil lions of dollars worth of drugs Into the United States. Joseph Sax, 58, well known Marblehead, Mass., lawyer was named as a "kingpin" of the "diplomat dope ring," Our Sincere Apology to HUBBARD BROS. OAKDALE LAUNDROMAT whoso name did not appear in our Sunday, Sept. 16th ad. THANK YOU 4-H Leaders Assoc., Young farmers I F.F.A. Chapters. which officials indicated was still operating. Also named In the tndic' mcnt were Joseph Massa, 50, Rover, Mass., Robert Ager, 37, a Groton, Conn., contractor, and his father, Jean Ager, 60, currently living in Clermont- Ferrand, France. All except the elder Ager will plead to the indictment Oct. 11. Sax was one-time attorney for former Dominican Repub lic playboy-diplomat Porflrio Rubirosa, and also for Bobo Rockefeller. One of the key breaks In the case came in October, 1000, when federal agents seized Mauriclo Rosal, am bassador to the United States from Guatemala, at Idlcwild Airport with 110 pounds of pure heroin. Hong Kong is so crowded that floating schools arc con ducted for children who are born and spend their lives on sampans or junk's in that harbor. cr SOBBING SIMS' 27th ANNIVERSARY SALE BICYCLE TIRES CONTINENTAL FOR 26" MIDDLEWEIGHT & 26" RACERS cm 77 (With each TUBES (Most Sues) Tube 2.56) 88c 2 Cell Chrome Bike Lite 88c Bike Horn 49c Foxtail (Reg. 98c) 44c 20" Murray Bike 26.88 Bike Pedals OPEN ALL DAY SAT. 66c pair SIMS Cycle & Hobby Shop 23 North fir 772-2472 Bethlehem Steel Boeing Air Brunswick Caterpillar Corp .... Firestone Ford General Rlertric .. General Foods General Motors .. . Georgia Pacific .... Greyhound Gull Oil Homestake Idaho Power I.B.M. . . Int Paper Johns Manville . ... Kcnnecolt Copper . Martin ... Merck Montana Power National Biscuit New York Central . Northern Pacific - Pac Gaa Elcc Penney. J. C Penn RR Perma Cement Phillips ... 29'.', . .in , 17?i 3'2'i . 27 k 42 . B0 7(1 ... 28 .. 3, ', ... ur, ... 31!. .357. .. 25", . 41 !i .. 62 .. 22!. .. 04 .. 30 .. 311!. .. 12''. 32', .. 42 !i .. 10'i, Procter & Gamble 62'4 Radio Corp 48'3 Safeway Santa Fe Seara Shell Oil Socony Mobil oil Southern Co Sperry Rand Standard California ..... Stokely Van Camp Sun Mines Texas Co Texaa Gulf Sulfur Texas Pac Land Trust . Thiokol Trans America Trans World Air Tri-Contlnental Union Carbide Union Pacific United Aircraft United Airlines U.S. Plywood U.S. Rubber ... U.S. Steel . Weat Bank Corp Westlnghouse 3D . 21 . 9l . 30 . 51", . 45 , . 12 . 56 i . lev, . 10 . 53 . 121, . 16!', . 20 fi . 35 ; nr. . 30 oo 30 '-'in, 41 37"i 40". 30 1', 26 :, Regional Edition Page 2A MEDFORDSiTRIBUNE MEDFORD, OREGON, FRIDAY, OCTOBER 5, 1962 Washington-UPIi-The presi dent of George M. Hum phrey's mining company in sisted today that nickel dug by the firm for the strategic stockpile was the cheapest ever purchased by the gov ernment. The company official, W. A. Marting, head of Hanna Mining Company, said the firm was proud of its per formance. Marting issued a point-by-point denial of accusations leveled against Hanna and Humphrey, its controlling stockholder and former treas ury secretary. The denial was in a statement to Sen. Stuart Symington's stockpile investi gation subcommitte. Marting sought to rebutt charges by Symington and Pickets Called Off At 2 Aerojet Plants Washington 'UPIl Contract I "In 20 years of the corn negotiations resumed today pany's existence, this is the between the International As sociation of Machinists and Aerojet General Corp. after the union called off a strike at two Aerojet plants in Cali fornia. A joint announcement by the IAM and Aerojet Thurs day night said a "preliminary understanding" had been reached in negotiations with the Federal Mediation Service, resulting in "immediate re sumption" of work at all Aero jet facilities. The announcement came shortly after a presidential commission urged the union to call off the strike in the national interest. In addition to the California strikes, the IAM was picketing at Cape Canaveral, Fla. Aerojet makes missile com ponents. Thursday's meeting between federal mediators, representa tives of the company and of the IAM in Sacramento and Azusa, resulted in a joint statement which said: "A preliminary understand ing has been reached which will result in immediate re sumption of work at all Aero jet operations. "At the meeting in Wash ington today, it soon became apparent that unfortunate mis understandings between the parties were the primary cause of the short work stop page that has occurred. "Negotiations will proceed in Washington to find an early settlement. In the interest of national defense and security. both parties agree that work will be resumed while remain ing differences are being settled. only serious disagreement be tween the parties, 15 of these years being under union shop provisions. The company wishes to state thet it is proud of the skill and patriotism of its workers and regrets the misunderstandings for which it was responsible. "Both parties assure the na tion that, production schedules vital to the nation's defense will be met." The details of the "misun derstandings" were not dis closed. The dispute had been over the union demands for a wage increase and other job improvements. other Democrats that Hanna took advantage of its nickel monopoly and the govern ment's desperate need for supplies during the Korean War to exact exorbitant profits. Claims 413 Per Cent Profit He testified after Syming ton read figures which, he said, showed that Hanna's nickel division, which han dles the stockpile contract, grossed 135 per cent on cost and 419 per cent on invested capital of roughly $3.6 million. Gilmore Found Guilty On Charge of Escape A Jackson county circuit court jury yesterday returned a verdict of guilty against Jesse James Gilmore, 38, of the Veterans Administration domiciliary, who was charged with escape from official de tention. Gilmore was serving a 50 day county jail sentence for being drunk in a public place. He reportedly walked away from a work detail June 22. He was later arrest ed in Dunsmuir, Calif., and returned to Jackson county. Gilmore had entered a plea of innocent to the charge by reasons of insanity. Foreign Briefs ROME TELEPHONE WORKERS CALL STRIKE Rome-lllPluTelephone workers Thursday night called 48-hour strike for Oct. 11-12. It threatened to disrupt In ternational and long-distance calls on the first two days of the Ecumenical council. The strike was called to protest what the state telephone workers called the government's "delaying altitude" on legislation affecting telephone service. DEMONSTRATIONS CONTINUE IN TURKEY Ankara, Turkey-IUPIUThousands of persons demonstrated Thursday night for the third successive night in support of Premier Ismet Inonu's government. The demonstrators voiced disapproval of the opposition Justice party and amnesties for political prisoners. MURDER SUSPECTED IN OFFICER'S DEATH Taipei, Formosa-iUPIt-Taipei police authorities said today an American Army officer whose body was found Wednes day in the charred remains of his Taipei home, may have been murdered. The body of Lt. Col. Tom Glover, 51, a member of the U. S. Military Assistance and Advisory group here, was found in his house after a pre-dawn fire reduced the five room, single-story home to ruins. Glover was a bachelor. His last address was Washington, D.C. "These are the largest-profits I've ever seen in my life and I have been in the execu tive branch for quite a while," Symington declared. The Missouri Democrat once headed the Reconstruction Fi nance Corporation and was Air Force secretary under former President Harry S. Truman. In contrast to the nickel di vision's profits, according to Symington, Hanna's commer cial iron ore operation yield ed profits of 10 and 12 per cent against costs in the same years, 1954-61. Symington maiie the state ment during testimony by L. W. Spang, secretary of Hanna, who agreed to detail expenses paid by the com pany for a west coast expan sion trip by two government stockpile officials. Spang has said that it never crossed his mind that paying the officials' expenses might influence their judgment. Denies Destroying Records Marting also denied that Hanna destroyed any perti nent records after President Kennedy invited an investiga tion of the government's $3.4 billion stockpile surpluses last Jan. 31. Some records were de stroyed, he testified, but this was done as part of a records management program begun Nov. 7, 1961. Advertising Firm Makes Medford Branch Office The Medford office of Ryan Outdoor Advertising Inc., Dal las, Texas, has been made a branch office with an increase in personnel, according to D. L. Braddock, Stockton, Calif., vice president and general manager. The local firm was formerly Foster and Kleiser Advertis ing. In July the district from Eugene to Turlock, Calif., was purchased by Ryan and the Medford office continued as the general office until recent ly when the Stockton, Calif., area was purchased. Braddock headed the firm in Medford until Sept. 17 when the general offices were moved south. Andrew Kaw ver, formerly with the lease department of Foster and Klei ser, was made manager of the Medford district which has offices in Coos Bay, Eure ka and Red Bluff. Hawver, who has been in the advertising field for seven years, is a member of t h e board of directors of the Ore gon Advertising council. The Medford office has in creased its staff since becom ing a branch office and now includes in addition to man agement staff, personnel in sales, construction and picto rial painters and poster hangers. The office is at 311 South Front st. and is currently be ing remodeled, according to Hawver, enlarging the offica space, redecorating the inte rior and painting the exterior of the building. The company deals in out door advertising for national advertisers as well as services local accounts. For STATE REPRESENTATIVE Outstanding Freshman Legislator 1961 Session Pd. Pol. Adv. S. V. McQueen, 2136 Hillcrest S2S An Obligation of Good Citizenship... The success of Democracy end the hope of the Free World rests upon ENLIGHTENED voters who cen wisely choose honest end able leaders. In the interest of Better Government in this most critical hour of history, the League of Women Voters have made possible another public forum so that YOU may better know the men and the issues involved in the forthcoming election. We urge you to plan NOW to attend the . . . CANDIDATES ISA!! ; j Sponsored by the League of Women Voters Tuesday, October 9- MEDFORD SENIOR HIGH AUDITORIUM The candidates will be present lo explain to you their position on important legislative problems. You will be especailly interested In a debate between Carl Fisher of Eugene end Robert Duncan of Medford, candidates for the office of U.S. Representative from the Fourth Congressional District of Oregon. The Candidates' Fair is FREE and YOU ere invited. Cenfratglatiens to the Ltaoue of Women Voters for arranging the 1962 Candidates' Flit in the interest of belter government and mere enlightened, active citittnthip, from all of us at . . . Premium Quality! So FRESH that it's just as though if was popped out of the oven! That's what you get in Fluhrer's HOLSUM, with tender, distinctive flavor that could come only from Premium Quality Ingred ients. Slice after slice, from end to end, you'll find Fluhrer's HOLSUM the best ever! Buy Holsum . . . and get alj the good things you want in bread
