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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (March 7, 1963)
THURSDAY, MARCH 7. 18S3 ' MEDFpRD MAIL TRIBUNE, MEDFORP. OREGOW They'll Do It Every Time ..-... By Jimmylfatlo As LORENZO, IN THE GRAMMAR SCHOOL PLAV.SEIDLITZ LEFT SOME THING TO BE DESIRED OR SHOULD WE JUST SKIC IT- But just get HtM into A DOCTOR'S OFFICE. HE CAN OUT OSCAR BRANDO AND THEN SOME- w-- : - 1 jm f BOON BLINDS SIGHT THE BARE BODKW NOR psst.'-memoouYuh-IN NOTCH A BLIGHT J VET THE NEEDLE.' THE JP SwiNES BRIGHT- I njS-.ER.UH"AW,THE 1 iSi MERE SIGHT OF BLOOD 2) f2 Wus-"T lllS wth rrli i dunno y tTVuPSETS me.' doctor- p U.S. Investors Study Effects Of Britain's Market Failure By JESSE BOGUE UPI rininciil Editor New York -OCT- Extent of the U. S, businessman Inter est in overseas markets, par ticularly European, has been highlighted the past two months by his close attention to Britain's failure to gain Common Market membership. The possible long-range ef fects on the British economy, and on U. S. investment in various British enterprises stilt are being studied and debated. This nation has a big in vestment stake in United Kingdom concerns. But there is a correspond ing and equally constant in terest among British business men in the condition of the United States' economy. The extent of it is shown by some material recently assembled by David L. Nicolson, chair man of Production-Engineering Ltd., London, an interna tional consulting firm. British Capital Hare Nicholson noted that Brit ish capital is Involved in pro duction in the United States of Bcores of familiar consum er products: foodstuffs, rec ords, textiles, pulp and paper, chemicals, tobaccos, among others. The gross monetary value of British Investment here does not approach that HIGH RIDE New York - (UN - One of the attractions scheduled for the 1964-69 New York world's Fair Is an aerial cable ride extending for 2,000 feet over the main axis of the Fair. Sponsored by the Von Roll Iron works of Switzer land, It will take visitors 112 feet into the air for a mem orable view of the entire exposition. Bulky-Knit Beauty of U. S. investment In United Kingdom plants but it is great enough to give it the No, 1 ranking among all foreign stakes in enterprises here. There was a time in the late 10th century when Brit ish money contributed much of the basic capital for devel opment of railroads, mines and other mass industries in this nation. Nicolson, basing his figures largely on a recent U. S. gov ernment publication dealing with foreign investment in the United States, notes that the bulk of United Kingdom direct investments here were in 108 companies established before World War II. Only 33 were counted between the war and 1030 and, after that, 83. Prefer Insurance As could be expected from a nation which was a world center for banking insurance, and business and production professions for two centuries, Britain long ago socked mon ey Into U. S. companies as sociated with these fields. Britisli insurance compa nies in 1060 accounted for nearly 40 per cent of total United Kingdom direct invest menta here, a little over SI billion. Manufacturing ranked sec ond in direct investment with about $750 million. Pe troleum look third place, most of it in the Royal Dutch Shell group; mining and agriculture trailed. In recent years, Brit ish Investors have been In creasingly attracted to urban real estate, including recently constructed city skyscraper developments. Nicolson found that the United Kingdom led in the value of foreign-owned physi cal facilities in this nation at the end of 1061 with $2,484. 000,000. The investment of more than $160 million by Bowater Paper, mostly in southern states, was believed to be the largest single direct industrial investment of any foreign private capitalist in the United States In the last 20 years. Paper Company Strong Bowater Paper Corporation Ltd., and its subsidiaries In cluding Bowater Board Co., Boawter-Carolina Corp., Ca tawba Timber Co., set up buildings and operations in Tennessee and in South Caro lina, and purchased timber acreage. Courtalds, which claims the title of the world's largest man-made fiber producer, sold out its major interest in Amer ican Viscose during World War II, under the urging of the British government's de sire to finance war efforts. But in 1 SS 1-52 it reestablish ed itself in North America with the building of a staple rayon plant at Le Moyne, Ala., and with another rayon plant at Cornwall, Out. Join With Dutch' Two other major industrial companies whose products arc widely known ill the United States are jointly owned by British and Dutch interests. They are Shell Oil Co., in corporated in 1022 and own ed by the Royal Dutch group; and Lever Brothers, owned by Unilever Ltd., and Uni lever, N.V. The largest subsidiaries of Unilever interests in the Unit ed States arc Lever Brothers; Thomas Lipton Inc., and Good Humor Corp. In the field of music, Capi tal Records Inc. is directly British-owned, by Electrical and Musical Industries Ltd., London. Brown and William son is an American subsidiary of British-American Tobacco Co. So casual, tlashini:. smart Toss this bulky-knit beauty on for sports, travel, every d,iy. July -knit on jumbo -sue needles, 2-strands of knitting worsted for short or hip length jacket. Pattern 7197: directions sizes 32-34; 36-38. THIRTY -FIVE CENTS (coins) for this pattern-add 15 cents for each pattern for lst class mailing and special han dling. 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