ights State Politics
s Reply
uestion
To
K 13
teels Shine in
irm Stock List
New York - (liPII - Sleels
held the spotlight in today's
firm stock market.
The strength in steels was
taken as a surprise in some
quarters in the light of U.S.
Steel's dividend cut and lower
earnings statement. Big steel
rose nearly Vi followed by
Jones & Laughlln, Republic,
and Youngstown, up fractions
to a point.
Motors were firm and chem
icals narrowly mixed. Both
international and domestic
cils moved slightly higher.
Electronics were erratic with
IBM off nearly 2 and Minneapolis-Honeywell
up about
1.
Some tobaccos weakened
but aircrafts and drugs found
good support. General Instru
ment fell about 1 after omit
ting its dividend, Gamble
Skogmo tacked on roughly 1
on sharply higher earnings
and Lukens Steel rose about
1 despite lower earnings.
DOW JONES AVERAGES
Nw York - llil'li - Dow
Jones final slock averages:
30 industrials 588.98, up
9.63; 20 rails 120.17, up
0.83; IS utilities 116.69, up
1.24; 65 slocks 204.78, up
2.69. Sales Tuesday were
about 3.83 million shares as
compared with 4.28 million
shares Monday,
Tuesday I
prices on selected
siockh:
Allied Chemical
Alum Co. America
American Can
American Motors ..
AT&T
American Tobacco
Anaconda Copper ..
Armco
Bendlx Corp .
Bethlehem Steel ..
Boeing Air
Caterpillar Corp
Chrysler Corp
Coca Cola
CBS
Columbia Glis
Continental Can ...
Crown Zellcrbach .
Crucible Steel
Curtis Wrlrjit .. ...
Dow Chemical
Du Pont
Kastmrin Kodak . .
Firestone
Ford
General Electric ..
Genera Foods
General Motors ....
Georgia Pacific
Greyhound
Gulf Oil ....
HomcHtake
Idaho Power
UI.N
Jnt Paper .
Johns Manvllle ..
KeniU'Cotl Copper
Lockheed Aircraft
Mnrtin
Merck
.. 3S
... M'i
... 411.
... 1.1
...I0'i
... 27 'i
... an',
... 4:r',
.. '
... 2a !,
... :ta
... a.i
... .MI'l
... 711
... an
-I 'a
. 41
.41
... ia
.. 17'.
.. SI '.
...2I2-'.
... Il.t'a
. 211
.. 4li,
... mi3.
. . me.
... 33
. .HP,
. 'Jti'.g
... at
... .12 'i
.- 27",
..351'.
. 2(1
... 4(1''.
... (lit ',
41 ,
... 211',
... till'.
arm
hlM)st'
1
SINGLER
For
MAYOR
"Words without actions
re tht Aitattini of ideal
ism."
Herbert Hoover
Pd. Pol. Adv, Jay Allen
383 Holmes, Mcdfo.d
? v? w f a ."www
BMt
V, i i J
81
JWlll-llitiwii
INSTALLED
WHILE U-WAIT
AUTO SEAT BELTS
Largest Selection in Southern Oregon
OPEN SUNDAYS!
The Store With 10,000 Items
THRIFT AUTO SUPPLY
Modford, 801 N. Riverjide
30 '
27
32 U
. 52
. 48
. 24
, 11 'a
. 42
411,
3(1 J.
30
. ?.a
. 27
Hodges Proposes
Income Tax Cut,
Reforms Later
Washington -MPli- Commerce
Secretary Luther H. Hodges
has proposed that the govern
ment cut income taxes quick
ly next year and put off more
controversial tax reforms un
til later.
The commerce secretary,
speaking only for himself,
brought Into the open Tues
day the unpleasant possibility
that other administration offi
cials have avoided discussing
publicly.
For the sake of getting a
tax reduction through Con
gress speedily, he recommend
ed that it be severed from
tax reform proposals that
might bring time-consuming
battles.
Suggests Temporary Cut
"If you tie both together
you could get the whole thing
bogged down," Hodges told a
news conference. "Even if
you don't get reform I think
you need Ihe tax cut."
Hodges suggested that the
initial rale cut be temporary.
Permanent relief could be
part of a reform bill later, he
said. He acknowledged that
without Ihe sugar coaling of
rate reduction, which Con
gress is virtually certain to
favor, the administrations' lax
reform proposals might go no
where. Tlie administration is well
aware of (he difficulties of
enacting tax reforms such as
tightening up on slock options
and the oil depletion allow
ance. Thai is why the Presi
dent and his advisers want a
single (ax pneknge.
Outlook Uncertain
But officials also know thai
(lie business outlook Is uncer
tain. They feel thai the eco
nomic statistics of the next
Iwo months may argue strong
ly for an Immediate lax cut
to stimulate consumer and
business spending. Walter W.
Heller, tlie President's chief
economic adviser, has said the
early part of 1HB3 will be a
time of testing for Ihe econ
omy, witli a dip a possibility.
If the business outlook in
January is markedly more un
(avnrable (han now, the Presi
dent may decide to adopt
Hodges' approach. Public dis
cussion of such strategy, liow
t vcr, has been avoided lest it
spread pessimism about tile
economy and make passage of
a package (ax bill even more
difficult.
kadsMslHstsi
pisw
- Gr.nli Pass, 529 S.E. 6lh
Montana Power ...
Montgomery Ward .
Nal'l Biscuit
New York Central .
Northern Pacific
Pac Gai Elec
Penney J. C
Penn nR
Perma Cement
Phillipa xd
Procter St Gamble .
Radio Corporation .
Rit'hfleld Oil
Safewwy
Santa re ..
Senm
Shell Oil
Socony Mobil Oil ...
Southern Co
Southern Pacific
Sperry Rand
Standard Indiana ...
United Airlinei
U.S. Plywood
U.S. Rubber
U.S. Steel
West Bank Corp
Wejitinghouae
Cuba, Campaign
Funds, Daylight
Time Included
By United Press International
Gov. Mark Hatfield replied
to more than 50 questions
ranging from Cuba to cam
paign funds and fast time
Tuesday night as the political
telethon became a part of
Oregon campaigning.
The Republican governor
appeared on a two-hour tele
thon originating at KOIN-TV
and rebroadcast over tele
vision stations outside the
Portland area.
Hatfield said the policy of
lirmness has proven itself in
Cuba. Jn response to another
telephoned query, he said
there is labor money behind
his campaign as well
money from a wide range of
other groups.
Hatfield called the chief is
sue in his bid for reelection
the continued growth of Ore.
gon economy under his guid
ance versus unknown and
nebulous programs."
The governor also said the
Oregon economy "would have
been devastated if the Port
land area had not gone on fast
time last summer" like neigh
boring stales.
On other topics Hatfield
said he opposes the death pen
alty but respects the law. He
said he is studying the Jean
nace June Freeman case. He
said civil defense showed
some weaknesses but did a
good job In the recent storm.
Thornton Speaks Out
Hatfield's opponent, Demo
cratic Atty. Gen. Robert Y.
Thornton, accused Hatfield of
limber and power giveaways
Monday in a Portland speech
Thornton said was aimed at
bringing out tlie issues.
Thornton said Hatfield
signed bills giving big limber
a 20 per cent tax cut at Ihe
expense of other taxpayers.
He said under Hatfield private
utilities won more than $8
million In rale increases.
Thornton called for devel
opment of cheap power to pro
mote economic growth, medi
care, federal aid to education,
and crime prevention.
He said Hatfield used up
Oregon's $33 million surplus,
increased Ihe governor's per
sonal expense account, and
kept his "time and attention
directed toward campaigning
for national political office."
In Portland Tuesday Thorn
ton said "1 have nol been able
to get my message through in
Republican newspapers as a
candidate for governor
should."
Thornton said he believed
the reason for lack of interest
in the election "is ils poor cov
erage by the newspapers, or
by some of them."
Al Newberg, Blaine Whip
ple, Demon utic nominee for
Congress in the first district,
said a progressive Congress
must be elected if Oregon and
the nation are to move ahead.
Whipple termed his oppon
ent, GOP Hep. Walter Nor
blad, one of the most obstruc
tionist members of Congress.
Figures Said Wrong
State Kniploynient Commis
sioner Uavid II. Cameron
claimed that employment fig
ures given out by Thornton in
Portland Sunday wore wrong.
Thornton said official stale
figures show that Oregon losl
jobs during the Republican
administration of Hatfield. In
a letter to Thornton, Cameron
said the contrary is true.
Oregon's average employ
ment, Cameron said, increased
from (144,300 in 11)58 to H77,
200 in Irtflt. Thornton said
Oregon losl 10,000 jot's in
manufacturing since 11)38 but
Cameron said 2,000 such jobs
were gained.
Republican Carl Fisher,
fourth district congressional
candidate, said In Medford
Tuesday that a tax cut "for
lite wage earners of this coun
try is overdue and it can be
accomplished if unnecessary
government programs are
tossed in the asli can as mrmi
ns llicv arc introduced."
Mrs. Roosevelt
Said Feeling Better
New York ilTH A family
pukrsm.tn saul Tiuday niM
Mis. KlOHMor Hoosevell is
"feeling a liltle, hotter and h
little stronger" in her fitfht
hkhw.m a lung infeclinn and
anemia.
Mrs. Hoo.se veil, 7tt. was per.
milled to leave Columbia
Preshytenan Hospital t v o
weeks no after four weeks'
confineme nt.
The former first lady has
been treated at her New York
apartment with nurses in eon
stunt attendance. She spends
most of her tune sleeping, the
.spokesman saul, and has been
forbidden all activity.
Only immediate members .
of the family are permitted to
visit her. !
, ' '
' ' "
Regional Edition
f r r . ' 'J
S , 'If- ' , M t V, v , ' ( ' ' . 'i
T-...j,.-,,.. '- -Ti n'sVih fitt itff -W-t.--Wlfciilill r Wi sfniHI illli liiliV Tlinilli liliii lii WHI-If 1i - -"T"ir Its 1i 1
CURIOSITY GETS HER Penny Davis, 2Vz, her jack-o-lantern to see what s in there,
succumbs to the inquisitivencss of a child She is the daughter of Mr. and Mrs. Cappy
as she pecks into thai mysterious interior of Davis, Orlando, Fla. (UP1)
MedfordwWTribune
MEDFORD,
Everyman Crew
In Soviet Waters
Moscow -llll'll- Twelve West
ern pacifists and their yacht,
Everyman 111, still are in So
viet waters, the Soviet news
agency Nuvosti said today.
Earlier, Leningrad port of
ficials said Ihe yacht had left
Leningrad Harbor Oct. 23
where il had arrived three
days earlier. They also denied
reports the crew had scuttled
Ihe boat.
The agency said the crew
were in "good condition" but
were prevented from sailing
by severe storms.
Tlie agency said the yachl
was presumed somewhere in
Ihe Leningrad area but did
not describe its exact location.
The Everyman crew arrived
in Leningrad to spearhead a
campaign against armaments
and nuclear tests.
Foreign
ISRAELI PRESIDENT GETS THIRD TERM
Jerusalem, Israel-HilMt-Israeli President Iizhak Ben-Zvi
wai reelected to his third consecutive five-year term Tues-1
day.
Ben Zvi received 62 votes
There were no opposing voles.
BRITAIN TO PARTIALLY CENSOR HOPE'S SHOW
London-tlTI'-The British Broadcasting Corp. announced to
day thai Bob Hope's performance at the Royal Variety show
witl be partially censored when it is ielvised Sunday because
Hope included several plugs for commercial products in his
act.
The non-commercial BBC allows no advertisements what
soever and once banned Bing Crosby's recording of "In My
Merry Oldsmobile."
U.S. ARMY CONVOY CLEARS CHECKPOINTS
Berlin-il Tl-The U.S. Army sen! a convoy along ihe high
way from Berlin through East Germany today without inci
dent. An Army spokesman said Russian guards at checkpoints
on both ends of ihe 110-mf.e highway cleared the convoy
of four trucks carrying 27 men "very fast."
NEHRU APPEALS FOR SYMPATHY, SUPPORT
Tokyo-it TlIndian Premier Jawaharlal Nehru has appeal
ed to the Japanese and South Korean governments for
"sympathy and support" in India's border war with Red
China, it was disclosed today.
SOUTHERN RHODESl ANS WARNED OF DISTURBANCES
Salisbury, Southern Rhodesia-lI'lAn African leader has
warned that Southern Rhodesia will be torn by disturbances
if elections are held Dec. 14.
Intuljtcd
RUBBER BOOTS
$7.69
4 cu. ft. siza
Peat Moss
Alters Feed
330 N. Fir
' . "P
, ' ' t
OREGON, WEDNESDAY, OCTOBER 31, 19G2
Dedication
For Bridge
The Dalles 'DPI) Samuel
Hill Memorial Bridge at
Biggs, 20 miles east of The
Dalles, will be dedicated at
noon Thursday by officials
from Oregon and Washington.
The 2,567-foot span com
pletes a vital link in a high
way system that extends from
Fairbanks, Alaska, to the Ca
nal Zone in Central America.
Governors To Attend
Gov. Albert D. Rosellini of
Washington and Gov. Mark
Hatfield of Oregon or his rep
resentative are scheduled to
participate.
Two high school girls--Martha
Schuster of Golden
dale and Karen Macnab of
She. man High school in Moro
-will hold the ribbon.
In the Knesset (Parliament),
I' fllftssr A
11
SPECIAL!
Thursday,
Friday
and
Saturday
Penicillin
10cc--19c
11
S2.69
Briefs
& Farm Supply
St. -Medford
- -tiS " .
Page 2A
Slated
at Biggs
Among expected Washing
ton officials are William
Bugge, director of highways;
Darrell Hedges, executive
secretary of the Washington
Toll Bridge Authority;
Charles Nichols, authority
engineer; other members of
the authority staff; and Klick
itat county commissioners.
Representing the Oregon
Highway Department in the
absence of Forrest Cooper,
state highway engineer, will
be Dean Swift of Bend, divi
sion engineer.
Financed by Bonds
Cooper will be unable to at
tend because of prior commit
ments with the State High
way Commission in Newport
Thursday.
The bridge was financed
through the sale of $3,298,750
in revenue bonds by the toll
bridge authority in 1960.
The name of the bridge was
given by the toll bridge au-
,nom-v m nicmnry 01 .1 . ci
.railroad man, Samuel Hill.
UP THE LIGHTPOLES
New York - WPI) - Madison
Avenue's advertising inhabi
tants ran their slogans up the
lightpoles Monday because of
repaving on their street. An
ad executive posted some of
these signs; "Copy wrighters .
. . . Don't create unnecessary
widows - cross at next cor
ner." "Art directors . . . don't
get excited - we'll retouch
it."
TERMITES
Those "fly inp nt" mny b
swrtrminjr termite. Orife or
Iwu'f caih year a tew of th
termites, the winged repro- '
tiuitive. swarm from their
jrrmm1 nests to start new col-
nines. Swnrmer termite? leave- ,
l'ehind them I h o n s ft n il of j
worker l r m i t es to r.i t the;
wood m your lioine Tcr
minix for free inspection. j
a-WAY GUAR ANTtt
Von cm H-nend on Termini '
St rn- -fi'.i.iramerii t
1. 1 oral Rn;i- T? rmitux lsrene j
J. F I Brnet-Co wnrM i trBet (
maker ot harawmxt floors i
J. Sun Insurant- Offie, t.trt.
for frmm lnpcffon,
Wrira or Phona.-
BIG PINES LBR.
co.
6lh & Fir 773-5333
Ai Aeivrttfd in "Tm Pott"
You May Have
Felled Timber
Presents Problem
Portland WPB Nearly 300
men concerned with timber
pondered today what to do
with $22 million worth of
trees felled at one swoop by
the Oct. 12 storm.
Amid concern the product
of the storm would flood tim
ber markets, private timber
operators and public officials
from the local to the federal
level met in the second day
of the two day emergency con
ference. The conference was called
at the request of President
Kennedy to map programs for
salvaging the timber. The con
ference was prompted both by
desire to make use of the
timber by selling il, and by
fear the fallen timber would
become a breeding ground for
pests unless it were removed.
Gov. Mark Hatfield enunci
ated the marketing problems
Monday. He revealed he has
asked President Kennedy to
curb Canadian imports to
make room on the market for
the salvage timber. He said
salvage timber plus imports
would play havoc with the
lumber market.
The conference was led by
Assistant Interior Secretary
John A. Carver. He said of the
4.4 billion board feet of tim
ber downed by the storm,
about 55 per cent was feder
ally owned, 10 per cent state
owned, and 35 per cent pri
vately owned.
It was estimated about 70
per cent can be salvaged.
Sen. Wayne Morse (D-Ore.)
said Canadian imports must
not be allowed to frustrate
clean-up efforts. "Our gov
ernment is already discussing
this matter with the Canadian
government," he said.
Hatfield said orderly re
covery and planned market
ing were necessary "to pre
vent a glutting of our markets
and to eliminate the possibil
ity of a boom and bust per
iod." "At the same time," he
said, "we must move with
great speed if we are to re
cover the majority of this
blown-down timber before the
bugs get to il." He said the
U. S. Steel Cuts
Quarterly Dividend
New York -IUPII- The U. S.
Steel Corp. has cut its com
mon quarterly dividend by
one third apparently on the
basis of third quarter earn
ings which were the lowest
for any non - strike period
since the second quarter of
1946.
Directors of the corporation
announced Tuesday a slash in
the dividends from 75 to 50
cents a share.
Third quarter sales totaled
S782 million against $885,220,
068 in the prior three months
and $861,320,608 a year ago.
P. O. Box 522
U. S. Forest Service already is
taking steps to eliminate red
tape and offer salvage sales
as fast as possible.
The delegates broke up into
committees Monday night to
propose solutions to specific
problems.
OOD
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brews stops perking stays piping hot.
Special setting lets you REHEAT without
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NOW IN PROGRESS AT
115 East Main Street
Medford, Oregon
115 East Main Street
Ashland, Oregon
303 South Front at 10th
BARGAIN STORE-Medford
1001 Main Street
Klamath Fall
r - -
KEEP ALIVE FIVE!
This is the Aim
of the
Service Club Workers
contacting residents SOON
They hope to do it by each one selling five
Mercy Flights subscriptions
5)
00 p
Family
Scores of residents were returned to lo
cal hospitals from recent summer acci
dents by Mercy Flights.
Others probably would have used
Mercy Flights if they had been sub
scribers. Tomorrow's accident victims are the
ones that we want to have subscribe
now.
NON-PROFIT
MERCY FLIGHTS
INC.
Courtesy of Mail Tribune
For Fast,
j Efficient Service
to or from
saMV ship it
5ASyy LASME
1 '
Oakland. San
i7V-.l 1 Francisco, uos Anscies
ana vine.
1 ! I Jack Firia"1d
W 773-7761
COFFEI
AUTOMATIC
nO
:QoJ
COFFEE MAKER
whan
"THIS IS
A
SALE"
Medford, Ore.
J ft
Ii