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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (March 20, 1963)
16 A WEDNESDAY, MARCH 20. 1963 MEDFORD J ' IL TRIBUNE. MEDFOHD. OREGON Two Million Persons May Visit in Oregon Salem - About two million persons will be invited to vis it Oregon when they attend "OIL TO BURN" Mobilheat S ft H Green Stamps MEDFORD FUEL CO. 772-2111 travel and sports shows in the West and Midwest this spring. Forrest Cooper, state high way engineer, said today that more than a million persons have already visited shows in cities from Chicago to Los Angeles where the Oregon state highway department's travel information booth dis tributed literature and infor mation. In four shows sched- Thit Week Only NORTHRUP KING FERTILIZER Coven 5,000 Sq. Ft. $A 7J- Reg list u. u rnce Springtime Special PUNCH 'N GRO 3$1.29 list price 49c ea. ALBER'S FEED & FARM 330 N. Fir -Phone 773-4503 uled ahead, total attendance is expected to be near an additional million. To date, more than 100,000 pieces of Oregon literature have been distributed in six shows. The material includes maps, camping guides, vaca tion booklets, fishing guides, and other brochures. About 75 per cent of these are print ed by the state and the re mainder by local chambers of commerce and other groups interested In the travel in dustry. Uses Own Booth In three of the shows, at Los Angeles, San Francisco, and Portland, the highway department used its own 20 foot booth featuring full-color lighted transparency pho tographs of Oregon scenes. In travel shows at Chicago, Kansas City, and Omaha, the Oregon highway department personnel joined with Wash ington, Idaho, Montana, North Dakota, and British Colum bia in a booth operated by the Pacific Northwest Travel association. The association also will operate a booth at forthcoming shows at Cleve land, Minneapolis, Los An geles, and Oakland. Staff members from the highway department or other representatives of the PNTA man the booths, greeting po tential visitors to the North west and offering first-hand information on vacation ac- "Savingesl" salt we've evar had! Don't mist HI You've never seen such bargains on factory-fresh 1963 models! Yes, we've stocked up specially for this sale. But come earlyl They won't last long at these rock-bottom prices! Lowest-priced 2 'door Frlgldalre make I Giant 1001b. freezer. Automatic defrosting refrigerator section. Twin produce Hydrators Deep shelf storage door. OALYf $01000 With Your S to 10-Ye.r-Old Refrigerator in Operating Condition 3 DAYS ONLY! STURDY FRIGIDAIRE WASHER Kiillt WM II NIK IMS. tun Wash 12 lbs. of clothes in single load! Soaks automatically, washes automatically! Fresh running water rinses, automatic Hnt disposal. 3 DAYS ONLY! 189 00 With your 5 to 7-rtjr-old wihr in operating condition. FLAIR by FRIGIDAIRE uk see. in t '. tlmrlt 4 calm m miNit Flair loveliest range of the yeert Looks built-in but it's not! Exclusive glide-up glass oven door, roll away cooking top-plus lots ot good cookin' features. 3 DAYS ONLY! 339 00 Wilt) your S to 7-r.ir-.l41 range In operating condition. LESS CALORI ONUS ALLOWANCE. 20.00 ryjs I (89 H c-KSNnn laflUIUU JI7 NO MONEY DOWN ON APPROVED CREDIT We Carry Our Own Contracts NOW ONLY 9m Cabinet Optional LEONARD ELECTRIC COMPANY "Medford's leading Appliance Dealer for the Past 32 Years" 309 East Main Street Phone 773-4541 tlvities, scenery, and travel routes. The shows annually result in thousands of inquiries for more information on travel in the Northwest. IdL SPIHITUAL LEADER - The Rt. Rev. Arthur Lichtenberg er, spiritual leader of the na tion's 3,500,000-member Epis copal church, has disclosed he has Parkinson's disease. But the 63-year-old supporter of church unity said he will try to carry on as the church's presiding bishop. He is shown here in a 1962 photo from files. (UPI) PP&L Worker Dies In Power Accident Portland-UIPI) - Robert C. Hager, 33, a Pacific Power and Light Co. employee, was killed Tuesday when he touch ed an 11,000-volt transformer line. A PP&L spokesman said Hager, the son of Rudy Hager, a retired PP&L em ployee, was working at a sub station owned by the B. P. John Furniture Co. He is survived by his wid ow, Margaret, and a son, Kur tis, 11. Personal Income Shows Decline Washington (UPB Personal income declined in February, but government economists were not alarmed. Analysis said the January income figure was swelled by a special GI insurance divi dend payment which added $3.5 billion to that month's total. Thus, at the seasonally adjusted rate, the normal February income really was $2 billion greater than Janu ary, they said. The Commerce Department report Tuesday said the February personal income figure was $450.8 bil lion, compared to $452.4 in January. Discounting the in surance dividend the Janu ary figure was $448.8 billion. New! New! New! It s TWICE the fun with matching outfits! Knits have "give" - won't rip or tear. What fun! Easy knits for 1 Pa-inch teen model doll, 12-inch boyfriend. Pattern 7417: directions slacks, Jack ets, sweaters, helmets, boots. THIRTY - FIVE CENTS (coins) for this pattern - add 13 cents for each pattern for first class mailing and spe cial handling. Send to Alice Brooks. Medford Mail Trib une, Needlecraft Dept.. P. O. Box 163, Old Chelsea Station, New York 11. N. Y. Print plainly NAME, ADDRESS, PATTERN NUMBER. 1963 s Biggest Needlecraft Show stars smocked accesso ries - it's our new Needle craft Catalog! Plus over 200 fresh to-you designs to knit, crochet, jew. weave, embroi der, quilt. Plus fret pattern. Send 23 cents nowl Your Money's Worth By SYLVIA PORTER Copyriiht, Hall Syndicate, Inc. What Has Happened After Business Plateaus For eight months, industrial production and employment in our country stalled on a very high plateau. Since the widespread belief is that periods of stability in our post-World War II economy have been followed by recessions, this stability in itself is a key reason so many believe when our economy finally breaks out of this stall it will break out on the downside and we will be into the fifth recession of post-World War II. Business could just as well break out on the upside as on the downside, though, as the following review of the pattern following previous plateaus in the postwar period will underline. Month after month since July, the seasonally adjusted index of industrial production in the U.S. has hung between 119 and 120 (the index considers 1957-59 as 100). Month after month, the seasonally adjusted total of employment has hung around 68 million some months a bit more, some months a bit less. There is no doubt that we have been for a prolonged time and still are in a leveling-off period what some call "dead center," some call "stagnation," some call "stall," etc. Visualising the pattern of previous postwar advances as (1) a rapid recovery; (2) a slowing down of the rate of rise! (3) a leveling off; (4) a recession, many observers have concluded that from here we almost surely will move down. But this concept of leveling-recession doesn't match the actual pattern of previous cycles at all, and in a recent analysis the Chicago Federal Reserve Bank submitted sta tistics to prove it doesn't. From 1947 through I960, there were six periods during which industrial production and employment stuck at a high level for months. After three of these periods 1948, 1957, 1960 the eco- omy moved into a general recession. After three others 1947, 1951, 1956 the economy shift ed into a new advance. That's scarcely a consistent pattern of leveling-recession! To be more specific about the upswings: From January through August 1947, industrial production fluctuated within a 1 per cent range. In August 1947, our economy moved off the plateau and into a new advance which lasted until July 1948, and pushed up industrial pro duction more than 6 per cent. From April through August 1951, industrial production slipped moderately. It then started recovering and the rise from the 1951 low to the peak in 1953 was over 17 per cent. From October 1955 through March 1956 industrial pro duction stabilized, then declined around 1 per cent. The 1956 steel strike extended this plateau until the fall. After that, industrial production climbed again, was up more than 3 per cent at the peak in 1957. As the Chicago Federal Reserve emphasizes, "Three of the four postwar business upswings consisted of two separate rounds of expansion connected by periods of over-all stability." Could the plateu of 1962-63 end in this happy fashion too? Sure it could. Crucial to the direction we will move from here will be the extent of the upswing in business spending on new plants and equipment. The signs in this area are brighten ing, with the latest government survey indicating business investment will rise almost 5 per cent to a new record of $39.1 billion In 1963. and this could be a conservative estimate. Crucial also will be how, when and to what degree Congress reduces Income taxes. While most of President Kennedy's tax reform proposals are practically dead, tax reduction is still very much alive. An important tax cut in 1963 could significantly enhance our chance to move into another upturn. Admittedly, this leveling has come late in the current move. We re already into the zatn monin ot me Dusiness expansion and 25 months was the life span of the last ad vance April 1958 to May 1960. Admittedly, we're still nag ged by major problems of unemployment, obsolete and excess production capacity, fierce competition at home and abroad. But if we re relying on precedents to signal wnere we move from a plateau it's just as easy to forecast an upturn as a downturn from here despite what so many believe. aWl Ll Wilder L w"j m mm -esw Grow a good lawn even on subsoil! Our regular Turf Builder customers have proved it time and again you don't have to have good soil to grow a good lawn. Scotts remarkable uF mil on fertilizer supplies all .he nutrition new and established grass needs to thrive. Turf Builder releases its protein-building gradual!, steady feeding grass to greener, thicker beauty. And Turf Builder is non-burning, so you can apply it on the same day you sow Scotts seed. If you thought you were doomed to have a poor lawn because you had poor soil use Turf Builder and see the difference Hubbard's Will lend You A Scotts Spreader FREE! Hubbard Bros., Inc. Main and Riverside Phone 733-7777 Our 78th Year L&pt NO torth&BEST DEAL! DEAN & TAYLOR "Widetrack Town" SPRING SPECIAL '62 PONTIAC BONNEVILLE STAT. WAGON rfZJi EJl ( 4-Docr, 6-p.s. plush BfcSei - ii wagon. d H '3599 DEAN & TAYLOR "Widetrack Town" SPRING SPECIAL '62 FORD GALAXIE 2-Dr. H.T. Beige color with auto, trans. P.S. ft P.B. Sharp. $ 2699 SV f I 3 . 5 DEAN & TAYLOR "Widetrack Town" SPRING SPECIAL '62 GHEY. BEL AIR STAT. WAGON P.S., P.B., R. & H., auto, trans. Sharp, Beige color unit. $' 2699 DEAN & TAYLOR "Widetrack Town" SPRING SPECIAL '61 GHEY. IMPALA 4 DR. HT Auto, trans., P.S., P.B., R. ft H. Blue. Terms made for you. $2299 7f - - DEAN & TAYLOR "Widetrack Town" SPRING SPECIAL '60 PONTIAC STAT. WAGON , Hyd. trans., P.S., P.B., 4-dr. 6 pass., a real fam ily wagon. ... t 2299 DEAN & TAYLOR "Widetrack Town" SPRING SPECIAL '60 Volkswagen SEDAN With sun-roof, white wall tires. Make good second car for the wife. 1399 DEAN & TAYLOR "Widetrack Town" SPRING SPECIAL .li.j..),yiu.;.,-iiit. ii fumi i I '57 PONTIAC 2 DR. HT Hyd. trans., R. ft H., lots of good miles left in this car. 899 SPECIAL! '51 CHEV. COUPE Rebuilt truck engine with two carbs. This is Ihe car your young son talks about. SPECIAL! '57 FORD "500" Fairlane 1-dr. sedan, straight stick with floor shift and custom ized, lots of goodies. See this show car nowl DEAN & TAYLOR PONTIAC CO. "WIDETRACK TOWN" 2177 So. Pacific Hwy. 99 , 773-7421
