Medford mail tribune. (Medford, Or.) 1909-1989, January 20, 1963, Image 3

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Medford mail tribune., January 20, 1963, Image 3

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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 20, 1963)

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Newspaper Page TextMEDFORD MAIL TRIBUNE. MEDFORD, OREGON SUNDAY, JANUARY 20. 1983 M5- r IV a .. -M.w L A f ' ' ffiriirav'ta , tat i am rf inn -fT- RELEASE STAND By removing one third such a manner so as to maintain the forest of the original stand, foresters of Timber in a relatively undisturbed condition, ex Products company, Medford, have released cept for improving the forest potential, the remaining stand to grow faster in the (AFPI Photo) years to come, Logging is carried out in, . . ... . Timber Products Shifts Land Managing to Sustained Yield Another industrial tree farmer. Timber Products com pany, Medford, has shifted its land management practices to fit its plan for better long term, sustained yield forest management. According to T. K. Oliver, vice president and general manager of the firm, the com pany, continuing its policy of capital improvement in plant facilities such as a gang mill, plywood plant and log control center, has during the past year made major changes in its forest management pro gram. "After careful study and analysis of our timber hold ings by both company forest ers and outside consulting firms, it became evident that we should modify our cutting practices to some form of se lective cutting system," Oliv '. er said. "In this forest type, this is a departure from for mer heavy cutting to mini- . mum diameter limits. Trees Needing Harvest Oliver saiH the new system of partial cutting will allow . the company to harvest those trees most in need of cutting because of decline in vigor and increase in defect, and retain in its reserve forest stands trees growing as a profitable rate.. This approach, according to Oliver, will put the company holdings on a sound, continu ous production basis and, couple with an increased tim ber purchase program of gov ernment stumpage, virtually assures the company's long term operation in the Medford area. This will help stabilize the economy of the Rogue valley, he pointed out. To accomplish the new management objectives, Tim ber products company has in creased its forestry staff to five professional men, add ing a forester and a logging engineer during the past year. Foresters now selectively mark all trees for cutting and supervise the logging on com pany tree farms carried out by contract loggers. Management'! Objectives Forest management objec tives call for removal of ap proximately 30 per cent of the timber volume on the first cutting cycle through com pany lands. The second cut ting cycle will begin in about five years. This will call for construction of some 100 miles of roads on the lands and about 60 miles of roads on intermingled public lands. R. L. Nelson, the company s chief forester, said that by building the roads, the com pany will gain valuable ac cess to back country, increase fire protection, have quick recourse to salvage of timber and open much area to sports men under the multiple use management policies which the company follows. Timber Products company was purchased by Cyprus Mines Corp. m 1955 and has invested considerable capital in plant improvements, Oliver said. It now has a steady work force of 460 men and con tributes to community stabil ity with an annual payroll of $4.5 million to its employees nd loggers, he added. Its lands are committed to sustained-yield forest manage ment and are enrolled under the American Tree Farm Sys tem. Cold and Home Repair Needs! Protect Water and Drain Pipes! Get Automatic READY-HEAT Todiy. Avoid trcoie-ups and expensive repairs. For home, farm, trailers. Economical Dependable pipe protection. $6.45, FLASHLIGHTS BATTERIES LANTERNS 26 MODELS AND SIZES SELECT FROM OUR NEW PORTABLE LIGHTING CENTER PROPANE TORCH $695 for Hundreds of Jobs Around Home, Shop, Farm SOLDERING SWEATING COPPER PIPE REMOVING PAINT THAWING FROZEN PIPES REPAIRING GUTTERS . INSTALLING ASPHALT TILE xeg. j,. -miJ STURDY SHELF THE KEYS TO YOUR REPAIR PROBLEMS PRODUCT DUftO-PLASIIC Wrnwww drtii o MM. I 'Ml mUi m put term . . . mi ltd . . . rtady to M. Sfali, toldtfi. fttwifi. AO- 4 ma phtd cell tindtni '"'"tl.UU mtlil. Law S'i ontf - DURO 'lAStlC Bubbtf rl fnating lain tubber m mttr fvm. Matdt ! n MUrprMll. 4 fkfk rvitpftwft. intulete. ft Jl.UU pairi inttttirti mdt nil- T I Mr. U'M 4 fH- t- 1 With Wrought Iron Hangers. Jjn. Special $1 19 99 Extra Heat Right NOW! HEATERS $Q from INVENTORY SPECIAL Portable Heater "l1 Reg. 16.95 Keeps Out Cold! WEATHERSTRIP tnougn ror uoor nflf or Window w w NEW Electronic Toy Tele-Typer S17.9S Value Electronic Toy actually sends and receives telegrams NEWS Mess ages, tram house to house, room to room. Set contains. 2 Bell Tele Typer sending and receiving sta tions ready to use no batteries, h n. .,h law voitMa electric ity. Sate. Inventory 0 OO Clearance.. QUALITY AT LOWEST PRICESI sprcMtisrs in hoaiiwa$ T.nth .nd Central Phon. 772-520 Loan Association Records Increase n Assets in '62 The First Federal Savings and Loan association recorded record year in almost every phase of its business last year, according to Robert F. Kyle, executive vice president and manager. Kyle reported the firm's business at the annual meeting recently. Assets increased 25 per cent. The association moved into the new offices on Sixth st. and purchased the Ruben stein building for future park- ng needs. Savings increased 17 per cent, loans 24 per cent and reserves 18 per cent. The year's gains in assets were $1,683,250.19 for a total of S8.191, 130.32. The year's increase in savings totalled $967,021.83; in loans $1,348, 251.61, and in reserves $80,- 196.51. Loans During Year Loans made during the year numbered 280 totalling $2, 900,000 with 44 per cent for construction, 30 per cent for purchase and the balance for refinancing and other pur poses. A total of 946 loans now exceed $6,900,000. Savers received $233,815.- 50 in dividends during the year. Savings accounts, rcpre. scnting $6,539,511.96 at the end of the year, totaled 2,300. The best savings increases in any recent January have been reported for this month at the half way point, Kyle said. He predicted continued expansion and growth for the association j 'cons crvativc home lending program with emphasis on new construe. tion as the Rogue valley grows. Two dirccliors were reelect ed at the annual meeting. John E. Meyers and B. L, Nutting, who will serve through 1966. Other directors arc Herbert G. Grey, Robert F. Kyle, John Nicdcrmcyer and Harry C. Skyrman. T Woman Gets Powerful Appropriations Post - Washington-CPD-Rcp. Julia Butler Hansen (D-Wash.) has been named to the powerful House Appropriations com mittce. Mrs. Hansen will be the sec ond woman to serve on the committee and the first in 26 years. The only other woman ever on the appropriations commit tee was the late Rep. Florence Knlin, a California Republi can who served until Jan. 3, 193?. SHE -ft. iij -. ULI o SKEW O z o o o z 5 3 Q () Ual D ui tt O S -z s ui ) IU X NOW CELEBRATING THEIR 71st ANNIVERSARY! SEALY'S 82 ANNIVERSARY SALE STARTS TOMORROW YOU MAY ALREADY HAVE WON... 500 VACATIONS FOR TWO AT THE SPECTACULAR Mi HOTEL LAS VEGAS NEVADA The entertainment capital of the world WINNERS FLY VIA imnn7 ri "'7 U UULrX THE NATIONWIDE, (j I WORLDWIDE, DEPENDABLE AIRLINE Just check the "lucky number" of the Sealy ad in your January 25th subscrip tion oopy of LIFE Magazine and bring the ad into our store. 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