Medford mail tribune. (Medford, Or.) 1909-1989, November 19, 1962, Image 2

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    Stocks Drop in
Today's Market
New York - IUP0 - Electron
fcs and aircrafta paced an Ir
regularly lower stock market
today.
IBM topped the long list
of electronics losers with a
drop of more than 6.
Among the aircrafts, Gen
eral Dynamics, Bendix, Lock
heed and Grumman shed at
least 1 apiece.
Youngstown Sheet gained
more than a point in a mixed
steel group while Du Pont
lost about Vi.
Autos were narrowly mixed.
DOW JONES AVERAGES
New York - (TIMI - Dow
Jones final stock averages:
30 industrials 626.21, o(
4.77; 20 railroads 131.50,
up 0.47: 15 utilities 122.92,
up 0.13, and 65 stocks
Travel CONTINENTAL
TRAILWAYS
OI-RRTHE
nOUDJsYS!
And, it's fun to speed home
on a Continental Trailways,
thru-bus with no change ot
bus or baggage.
On Continental Trailways
you travel home safely
because bus travel is
America's safest form of
transportation , . . safer
than train, plane, or your
own car!
Golden Eagle
thru-bus schedule
Seattle, New York, Le
Salt Lake City, Omaha,
to:
Angeles
Miami
No 10 lideril !'
aim, nov. tain:
Ffan iourwlidoi (rip nout!
Call
CONTINENTAL
TRAILWAYS
STH AND FRONT
Phone 773-1853
'-Mimty7"m"" """"" " "
OPEN T
Guaranteed
Charge It-Reg. 12.95
Pop-up TOASTER
Reg. 9.95
6.38
Streamlined two-slica toailer of
gleaming chrome at a low, low
price! Automatically pops the
toast up when ready. U. L, ap
proved. Guaranteed.
6 Transistor
n
SAVE 4,98 -qgL
wilh carrying case, baltery and
ear phones. 19.95 value Guar
anleed. Another sensational
Newberry valuel
CHARGE IT
Shop and Compare Our Prices
Etch & Sketch Chatty Kathy Ideal Tiny
Sketch erase Talking Doll Kissy Doll Thumbclina
... 786 - 988 -II88 788
3 69 16.98 15.98 I I 1198
Barbie & Ken'l Mr. Machine. Scrabble Gaylord
Sports Car mechanical robot Game the Pup
44 744 )66 '"" H99
R3- I Rg. I Now Oper- W
5.98 9.98 Only ait d
218.50, off 0.71. Sales today
war about 3.41 million
shares compared with 4 mil
lion shares Friday.
Today's prlcci on selected storks:
Alum Co. Amvriea
American Air Lines
American Can
American Moton .
AT&T
American Tobacco
Anaconda Copper .
Bendix Corp
Bethlehem Steel
Boeing Air
Caterpillar Corp
Chryaler Corp
Coca Cola
CBS
Crown Zellerbach .
.. IT'S
.. 44
.. it;,
1I2'i
.. it;
an
H7
. 7!)
40 'i
Curclble Steel
.. 15
.. IIP,
.. 50
227'.
.101 .
.. :3',
.. 41
.. 72'.
.. 70 ,
.. 54
.. 8',
... 20a
.. 36 'a
... 47',,
.372
.. 2R
... 43 'i
50 1 4
.. 72 '4
Curtias Wright
Dow Chemical
Du Pont
Eaitman Kodak
Firestone
Ford
General Electric
General Foods
General Motori
Georgia Pacific
Greyhound ..
Gulf Oil ..
Homeilake (xdi
I I) M
Int Paper (xdl
John Manvllle
Lockheed Aircraft
Merck
Montana Power
Montgomery Ward
National BiHCUlt
New York Centra
Northern Pacific
Pac Gai Elcc
Penney J. C.
Penn P.R.
Perma Cement
Phillips
Procter Ar Gamble
Radio Corporation
Rlchlleld Oil
Safeway (xdl
Santa Fe
Sean
Shell Oil
Southern Co
Southern Pacific
Sperry Hand
Standard California
Standard Indiana
Standard N. J
Sun Mlnca
Texai Co
Texas Gulf Sulfur
Texas Pac Land Trust .
Thlokol
Trans America
Trans World Air
Trl Continental
Union Carbide
Union Pacific
United Airline
U. S. Plywood
U. S. Rubber
U. S. Sled
West Bank Corp
Wcstlnghoiise
Youngatown
. i:ii
. 47
. ITMi
, M
3B''
. 40J
23
73 'i
.IP,
4'i
. 27'i
12 'i
.18'.
44 '.a
.. 30 "I
.. I"
.. 4(1 'i,
..110'.
.. 32 i
.. 20
.. 47 "i
.. 40U
.. 42 .
.. 30
.. 31
.. 77 ',
Office, Hospital
Checked by Firemen
City firemen took two
pumper trucks and the aerial
ladder truck to Sacred Heart
hospital about 8:40 a.m. to
day when smoke was report
ed in the attic.
They said that an electrical
short in a light fixture had
caused a small area of ceiling
material to be burned.
Considerable damage to the
interior of the Fasel real es
tate office, 1224 South River
side ave., was caused by fire
early Sunday. Firemen, who
were dispatched about 12:30
a.m., said that the fire origi
nated in a couch and that a
cigarette was the probable
cause.
SIXTH &
CENTRAL
SKILLET & COVER
12-ln. Electric
Famous Therm - o ware
Automatic heat control
food won't burn or stick.
Completely immersible.
7.97
RADIO
o oo
it7 '.r
00
7.
I bt - .
iyVMWJSiMl .,) M i 'aa... sea. ISI mm ' lJUMiW "I" ! ia.li I III 'nils H'J mmimmmW,,-,
", i . ? 1 iltr-n n fiilfni'n H tf ....J...t, lji2WA, AA.V ,f Xia)iaa.i4atafcjtayBt
TANKERS COLLIDE The 21,634-ton Norwegian tanker
Tharald-Brovlg, left, and the 1,900-ton Japanese tanker
No. One Munakata-Maru are shown spewing smoke after
colliding off Kawasaki in Tokyo Bay Sunday. Five Jap
achinists To Set
Walkout
Burbank Calif. - IUPH - An
International Association of
Machinists negotiating com
mittee was to set a strike
date today for a walkout
against Lockheed Aircraft
Corp. voted upon Sunday by
IAM members employed by
the aerospace giant.
About 8,000 IAM members
met Sunday at Valley College
stadium in Van Nuys and
voted 3-1 for the strike. Ap
proximately 80 per cent of
the 800 union members at
Lockheed Space and Missile
Facilities at Van Nuys, Sun
nyvale and Vandcnberg Air
Force Base also voted to
strike, a union spokesman re
ported. Results from balloting in
Honolulu and Cape Canaveral
were not completed, but the
1AM spokesman said they
were expected to follow suit.
The union last week broke
off negotiations in Washing
ton following a continuing
deadlock over a union shop
clause and wage and work
condition issues.
The spokesman said the
union would have to give
Lockheed a five-day termina
tion of contract notice before
a walkout could occur, and ex-
A.
6 FT.
Aluminum
rrir open
jy Monday &
Friday Nites
Till 9
WIGHT
WPal41IWa(l Mivmiujmj.aui
VTtV'Yw
TSlEE
3"
6.98 Value
With melal stand. 61 branches
take apart easily for storage.
On TV, Toys
Against Lockheed Aircraft
i plained, "this gives time for
additional bargaining.'
The walkout would effect
both Lockheed - California
Co. and Lockheed's space and
missile division which manu
factures the Agena B booster
used in space probes such as
the Samos, Midas and Dis
coverer satellites as well as
the Polaris missile.
Two previous strike dates
were set by the union, but
one was cancelled on the re
Rogue Valley Edition Page 2A
MEDFORDsJSiWrRIBUNE
MEDFORD, OREGON, MONDAY. NOVEMBER 19. 1062
Adenauer
In Fear of
Bonn, Germany - HiPl) - The
five Free Democratic party
(FDP) members of Chancellor
Konrad Adenauer's coalition
cabinet resigned today, threat
ening the government with
collapse.
The party announced it was
quitting Adenauer's govern
ment because the chancellor
had refused to meet its de-
Coroner's Inquest
Scheduled Tuesday
Several persons have been
' subpoenaed to appear Tucs
i day at a coroner's inquest at
Prospect High school at
10 a.m.
I According lo District Attor
ney Alan B. Holmes, the in
quest was called to obtain all
possible information concern
ing the Oct. 19 death of Jesse
Coniiers, 59. of Eagle Point,
by a self-inflicted bullet.
Conncrs was shot while
hunting with Arnold Wilmcr
Ragsdalc, Trail, on Tripod rd.
near Prospect. Itagsdale told
officers at the time of the in
cident that lie was on the op
posite side of the pickup
truck when he heard a shct.
Persons other than those
subpoenaed who may have in
formation regarding the death
will be asked to testify.
Foreign
CATHOLIC EXHIBITION PAVILLION OPENED
Rome - ill'l' - A 400-fcat Catholic church exhibition pavil
lion wai opened Sunday on the Home Fair Grounds in honor
of the Ecumenical Council.
Itt three main lections portray the history of the Church.
the present organiialion, and problems of the future.
STALIN'S WAR ROLE SAID EXAGGERATED
Moicow - il'PI' - Soviet Marshal Alexander Yeremenko
Sunday attacked as "legends" the role played by Stalin in
the Soviet World War II victory at Stalingrad.
"Hii role has been extremely exaggerated." Yeremenko
said.
SOVIET, POLISH TRAWLERS SIGHTED
Folkstone, England - ill'l' - Nearly 200 Soviet and Polish
trawlers wera sighted Sunday in the English Channel, about
40 miles east of the Thames River.
RUSSELL PLANS CONFERENCE IN ISRAEL
Tel Aviv, Israel - n - Sen. Richard Russell (D-Ga.) will
conler with government officials during a two-day private
visit to Isra.l which began Sunday.
NATURAL GAS
EQUIPMENT COMPANY
On Divp'.'v - Tle la-gct ,,c!cton ct gas hejh"g equ o
mrnl ,n So. CfC
COLl'Vt.N ii-Je H.vr t'n.l - hvcii Air
Uptlow Down Hew Hcjrntal WaM u'njces
Kit Water Heaters.
anese crewmen were found dead and 35 others missing
and presumed dead. All 47 crewmen of the Norwegian
tanker were accounted for with 10 men injured. (UPI)
Strike Date for
quest of President Kennedy
and the other after a plea
from Secretary of Labor Wil
lard Wirtz.
The Defense Department
stepped into the dispute Sat
urday and hinted some de
fense contracts might be with
drawn from Lockheed if
agreement can't be reached
and a strike ensues.
Department officials did not
spell out their plans, but said
they were "considering whelh-
Coalition
Collapse
mands to fire Defense Minis
ter Franz Josef Strauss. A
short time later the party an
nounced the resignation of the
ministers.
A spokesman for Ade
naeur's Christian Democratic
party (CDU) said the chancel
lor will meet Tuesday after
noon with party leaders to
discuss the best course of ac
tion. Adenauer now has eight
scats too few for a majority
in Parliament. The CDU and
FDP together had 309 seats,
of which the FDP supplied
67. Without the FDP Ade
nauer can muster only 242
seats, eight less than the 250
scats he needs for a majority.
Leading CDU politicians
said Adenauer will probably
try to run a minority govern
ment and stick lo his refusal
to fire Strauss.
Such a move would be high
ly risky for Adenauer. His
important legislation would
be blocked, and observers said
it might result in his down
fall. The Free Democrats have
been demanding that Strauss
be fired for his role in the
arrest of editors of the news
magazine Dcr Spiegel.
Free Democratic party
chairman Erich Monde an
nounced the walkout by the
party's five cabinet ministers
after a party caucus at Nuernberg.
Briefs
cr alternate means of produc
tion can be used.
Lockheed Board Chairman
Courtlandt S. Gross said the
company would continue its
operations even if a strike is
called by the machinists.
Gross said the IAM had 5.
700 members of a total work
force of 31,200 at the Lock
heed Missiles and Space Co.
and 10,000 of the force of 24,-
000 at Lockheed - California
Co. were 1AM members.
"The more critical pro
grams at these two companies
are research, development, en
gineering and testing," said
Gross. "We are confident we
can sustain these programs
with minimum delay.
"We want to make it clear
that our position is not anti
union," said Gross. "It is anti
compulsion. We want our em
ployees to retain the free
choice they now have lo de
cide individually whether to
join or not lo join the un
ion." Union official Thomas E.
McNett repeated long-standing
union charges that "Lockheed
has been blocking a settle
ment." "The American people will
know where the blame lies
should a strike occur," he
said.
Reg 59.99
2nd Pair . . . . . .01
Two Pair . . $10.00
Reg. . .
512.99
2nd Pair . . . . . .01
Two Pair . . $13.00
Regular $18.99
2nd Pair $ .01
Two Pair $19.00
con.ni.nt earkine makes
TCayl JrSa 'f ,0 1,v f0 Robm.ee
'flfjMJkyl Bros., Pica's and other down
IB brTMiii 1 1 town Medford store, and shops.
llMv TW TT ,ji USI THtM Th ' fr
jJjay hen you shop DOWNTOWN
Court To Rule
Agency
Washington -i,VH- The Su
preme Court agreed today to
rule on two lower court de
cisions banning "agency shop"
union agreements which re
quire workers to contribute
to collective bargaining cost
but do not compel them to
join the union.
At issue in the two appeals
were right-to-work statutes ir.
Indiana and Florida as well
as a compromise interpreta
tion of the Taft-Hartley law.
About six out of every 100
existing collective bargaining
agreements now contain the
agency shop provision.
Accepted by the court to
day was an appeal from a
decision handed down by the
6th Circuit of Appeals in the
Indiana case last June 8. The
National Labor Relations
board, which has upheld the
agency shop as valid, brought
the appeal in this case.
The other ruling against the
agency shop was made by the
Florida Supreme Court April
25, 1962. The appeal was
brought by the Retail Clerks
International association, lo
cal 1625 (AFL-CIO).
In other actions today, the
Supreme Court:
Agreed to look into the
gradual desegregation plans
for recreation facilities being
pursued at Memphis, Tenn.
Lower federal courts have re
fused to issue a permanent in
junction that would force im
mediate desegregation of the
city's parks and other public
facilities.
Left standing a court or
der prohibiting the city of
Jacksonville, Fla., from sell
ing two municipal golf cours
es in order to keep them seg
regated. In the agency shop cases,
the Supreme Court will hear
arguments later this term,
then hand down its decision.
Two other kinds of "shops"
are common in labor lan
guage. One is the "closed shop,
where a worker has to be a
union member even to gel a
iob. The Taft-Hartley law
Robberies Reported
To Portand Police
Portland -IUPD- Holdup men
struck at a restaurant, a
grocery store and a service
station here Sunday night and
early today. Police said $600
was taken from the Chuck
Wagon Restaurant in south
east Portland and an undeter
mined amount of cash taken
in the other holdups.
EXAMPLES
Reg. .
.. 510.99
2nd Pair . . . . . .01
Two Pair.. 511.00
Reg.
. . $13.99
2nd Pair . . . . . .01
Two Pair . . 514.00
Shop Contracts
makes it Illegal for any col
lective bargaining agreement
to contain such a clause.
The Taft-Hartley law does
permit a "union shop" provi
sion, under which an employ
ee must sign up after a cer
tain period of time or be fired.
But states are permitted to
outlaw the union shop and 19
have done so under right-to-work
laws.
Unions want a union shop
so they can collect dues from
all the workers for whom they
bargain. The plan eliminates
"free riders" the employees
who are not union members
but still benefit from union
negotiated wage increases and
other contract provisions.
Many employers, on the
other hand, are reluctant to
force their workers to join
"While my back was turned.. .who stele one.
dozen ROMAN WEAL BROWN 'N SERVE ROLLS?"
MORAL: Keep loads of 'cm handy! They're
quick as magic . . . wilh that delicious,
golden, Roman Meal flavor of wheat, rye,
bran and flax! Energy-giving. Vitamin
fortified. Good protein eating. Look for
that GLADIATOR TRADEMARK on the package.
I !
Buy One Pair of
DRESS HEELS
at Regular Price
GET THE
2ND PAIR
FOR
ONLY . . .
on
an organization or get out.
The agency shop has been
regarded in some labor circles
as a reasonable compromise.
The worker contributes to the
cost of collective bargaining
but does not align himself
with the group.
For Fast.
Efficient Service
3S f'on
Ship It
i a our
Oakland, San
Francisco, Los Angalts
and Other California
Points
Call
Jack Filigerald
773-7761
FLUIIRER'S
teil.r. L
52-
r V?
'
Ill West Main
Phone 772-2322
102 Eist Main Street
0