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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 16, 1963)
Pleas for Inventory Tax Relief Voiced Salem -JUPU- Pleas for to ventory tax relief through tax on net business income, and requests for property tax exemptions for labor temples and chamber of commerce property were heard Wednes day by the Senate Tax com mittee. The Senate group took no action on these measures, but did approve a bill exempting tension, retirement and So cial Security benefits from taxation. Urging passage of the House-approved inventory tax relief measure were Doug Heider, Associated Oregon In dustries; Hoger Martin, an eauinment wholesaler, and Lew Norris, Oregon Farm Bu. . reau Federation. Claimed Inequitable All claimed inventory taxes were inequitable, hindered business expansion, and that the House bill was "a step in the right direction." The House measure would levy a one per cent tax on net business income to pay for a 25 per cent reduction in inventory tax. Sen. Walter Pearson (D Portland) attacked the pro- UN Delegates Talk Finances United Nations, N. Y. ,-IUPD- United Nations delegates to day turned to private talks be' hind the scenes to seek a com' promise solution for the or ganization's multi-million dol lar financial troubles. Secretary General . T h a n t warned the assembly s budget ary committee Wed n e s d a y that the financial problem is perhaps the most serious one facing the United Nations. "Despite the various meas ures that have been taken, the unhappy fact remains that the organization continues in a state of serious financial dif ficulty," he said. , . The Budgetary Committee, Instructed to find a better way to pay lot the UN peace-keeping missions in the Congo and Middle East, recessed until Monday after its opening ses sion Wednesday. The recess will give delegates time for private consultations. The deficit' now totals near ly $100 million. It Is caused by the. failure of the Soviet bloc, France, South Africa, Portugal, and some other countries to pay their share of the peace-keeping costs. . Five-Year Old Boy In Critical Condition Roger Donald Hcln, 9-year old son of Mr. and Mrs. Don' aid William Hein. route 2, box 102, Gregory rd.. Cen tral Point, was reported in critical condition this morn ing after he ran into the path of an automobile about 4:45 p.m. Wednesday. According to state police, the boy bad returned to his home to get his fishing pole and was running to join his father and two friends when he was struck by the car. Driver of the automobile was Rogers Roland Larson, 28, of 6303 Table Rock rd. The boy was taken to Sa cred Heart hospital by Med- ford Ambulance suffering head injuries and a fractured leg. posal, and accused business men of wanting businesses which do not now pay inveii' tory tax, such as professional firms, to share in the inven tory tax load. Pearson said a sales tax should be enacted, and that inventory taxes should be eliminated. Walter Lofgren and Tom Scanlon of the AFL-CJO said they wanted labor temples exempted from property taxes in the interests of fairness and equity." Lodges, Legion halls, Granges and other fraternal groups now are exempted from property taxes. In a unique display of candor, the labor spokesmen said they did not feel any property should be exempted from property taxes, but as long as some were exempted they wanted to share in the benefits. Representatives of the Port land and Salem Chambers of Commerce said the House-ap proved bill which would grant the tax relief to labor tem ples should be amended to include property owned by Chambers of Commerce. Foreign Briefs SATELLITE COMMUNICATIONS DISCUSSION TOPIC London - lift. - European communications authorities will meet in Paris next Monday and in London In mid-July lo discuss the United States' and international development of satellite communications, it was announced Wednesday. U.S. ENVOY TO WEST GERMANY ARRIVES IN BONN Frankfurt, Germany-WPIMJeorge McGhee, newly-named U.S. ambassador to West Germany, arrived by plane today lo lake up his duties at Bonn. NEARLY 1,000 HOMELESS IN PHILIPPINES FIRE Manila, Philippines-WI)-An early morning lira that swept through the town of Bogo in Cebu province destroyed the homes of nearly 1,000 persons, according to the Philippines news service. WEST GERMAN PARLIAMENT APPROVES BUDGET - Bonn, Germany - IUPII - The West German Parliament Wednesday approved a budget of $14.42 billion for 1963. A new law provides the increased budget will be paid for by raising the federal government share of Income and corporation taxes to 40.S per cent this year and to 41.5 per cent next year. FINNISH PRESIDENT CONCLUDES VISITS Helsinki, Finland-tliPII-Presldent Urho Kekkonen of Fin land relumed home Wednesday from a state visit to Yugo slavia and an informal visit lo Communist Hungary. 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Rails once again showed the best gains. Electronics were scrambled featuring IBM up about 2 and Avnet and Beck man down nearly a point apiece. Johnson & Johnson added another point to its recent gains but American Tobacco drifted about a point lower. DOW JONES AVERAGES New York-iUPU-Dow Jones final stock averagesi 30 in dustrials 724.34, up 4.50; 20 railroads 167.90, up 1.S9) 15 utilities 141.41. up 0.56. and 65 stocks 257.68. up 1.66. Sales Wednesday were about 5.65 million shares compered with 4.74 million shares Tuesday. Wednesday's prices on selected siocks: Allied Chemical ...... SO '4 Alum Co Am 63?i American Air Lines 231. American Can 43 American Motors Cult IBIs A r at t American Tobacco 3l?s Anaconda Copper - SO'. Armco 93 ',j Bendlx Corp 54 Bethlehem Steel 31". Boeing- Air 36 3 Brunswick 15'ii Chrysler Corp 38 'i, Coca Cola ...... 95 J. CB S 34 'i Co umh a Caa 20 Continental Can ,. 461! Crown Zcllerbach 34'a Crucible Steel 20-"i Curtlss Wrlcht 237, uow unemicai Du Pont ..255 Eastman Kodak 114 ' Firestone 38 ' Ford . 40i General Electric 81 's General Foods 82 U General Motors 71 'i Greyhound 41 Guir oil - 43!a Idaho Power 34 i I.B.M 472 Int PaDer (xdl 31 Johns Manvllle 49 U Kennecott Conper . 77'. Lockheed Aircraft 58'$ Martin 20't Merck B7'i, Montana Power Monleomery ward National Biscuit New York central Pac Gas Elec Penncv J. C. ..... Penn RR Perma Cement Phillips Procter & Gamble Radio Corporation Ricnneid on Safeway hanta 1 e Scars Shell Oil Socony Mobil Oil Southern Co Southern Pacific Sperry Rand Standard California Standard Indiana Standard N. J Stokely Van Camp Sun Mines Texas Co. .. Texas Gulf Sulfur Texas Pacific Land Trust . Thlokoi Trans America Trans World Air Trl-Continental . Union Carbide Union Pacific United Air Lines U. S. Plywood U. S. Rubber U. S. Steel United Utilities West Bank Corp Wostlnehouse Youngstown . 3B . 38 . 48 Vt . 20', 121; . 477, . 16 , 13 . 31 i . 77'i, . 654 . 44 "4 . 36 , , 29 . 87 i, . 421 . 63 . 36 . 34 -. 251, . 33 . 17 . 47"i .1104, . 39 . 40 . 38 . 40 .10 30 , 39 '; .1P, 09 Educational Television Budget Cut $ 5 7,1 00 Less Than Amount Asked Salem-UPr-A trimmed edu cational television budget of $906,900 - with a feature de signed to stimulate state and local school participation-won legislative committee approv al Wednesday. The Ways and Means Edu cation subcommittee voted for the sum, which is $57,100 less than the governor had proposed. Furthermore, syu.uuu oi we sum approved by the subcom mittee would be . available only if the higher education system, the education depart ment, or local school districts Brown's Income Tax Bill Passes Sacramento - (tlPD - Gov. Edmund E. Brown chalked up victory No. 2 today on his tax reform program. By a pencil-thin 8-7 vote the Assembly Revenue and Taxation committee late Wednesday cleared Brown s bill to establish a state with holding system for personal income taxes. It would go into effect July 1964, for an estimated 5 million of the state's taxpay ers. But when tney prepared their tax for calendar 1964, the taxpayers would be al lowed to write off 50 per cent of the tax under a "forgive- ness" principle. Shortly after approving the withholding bill, the commit tee cleared another measure to exempt from any income tax single persons who would pay under $5 and married couples with a tax of less than $10. This measure would affect about 850,000 taxpayers and cost the state $2.5 million a year in lost revenue. It fills campaign pledge made by the governor. . Last week, the committee pproved a bill to bring $22 million added revenue to the state next fiscal year by ac celerating payment of the gross insurance tax from yearly to quarterly. Contract Awarded For Office Building . The contract has been awarded to Harry Salter, Jackson county builder, for construction of an office building at the corner of Bar nett and Murphy rds. in the vicinity of the Rogue Valley hospital, Robert Mclntyre, of the Rogue Valley Land com pany, announced today. Owners of the building will be Mont Crest Invest m e n t company, a newly formed business. The building has been de signed by Edson and Pappas, Medford architectural firm. It will be of frame construc tion and will have 4,000 square feet of floor space available for medical and other offices, Mclntyre said. It will be known as the Claude E. Mclntyre building. Construction is scheduled to start within 10 days and occu pancy is scheduled for Sept. 1. The location Is on the south west corner of the Barnett and Murphy rds. intersection. Freeway Replica Set for Display An exact replica of a typi cal rural area freeway inter change, plus other exhibits, will be on display at an open house to be held Tuesday, May 28, at the state highway department offices, 2692 North Pacific highway, Med ford. The model shows exact de tail of the Fern Valley inter- change on the Pacific High way south of Medford, ac cording to R. L. Lammert, district maintenance superin tendent at Medford. Groups and individuals are Invited to the open house to meet representatives of the state highway department and to learn of highway ac tivity in the area. Open house hours are 2 to 9 p.m. Besides the model inter change, other displays will include sketches and photo graphs of highways, an asphaltic concrete core taken from a section of paved high way and displays of mainten ance equipment and signs. The Medford open house Is in conjunction with state wide observance of National Highway Week, May 26- June 1. Lammert encouraged every one to learn about highways because of their importance to regional and local econ omy. Opinion Asked on Overseas Air Fares Washlngton-HOT-The Senate Commerce Committee today called for the Stale Depart ment's opinion on a bill to give the Civil Aeronautics Board power to regulate in ternational air fares. The administration measure was sent to Congress Tuesday. Committee Chairman Warren O. Magnuson. who introduced It, said "we want to proceed promptly in this matter." The bill would give the CAB specific authority to reg ulate international air fares in much the same way as it regulates domestic rates. CAB Chairman Allan S. Boyd told the committee that once the authority is granted the United States can seek basic reduction on overseas rates, not just a repeal of the 5 per cent increase to which the CAB has submitted. Subscribers To reoort Imnrowr nr non delivery of the Mail Tribune in I Medford, phone 772-6141; Ah- ( limd call Ht 4IS Bridge it., or j nhont 482-3002; Yrcka, phone I Victory 2-2898 be (ore 6:43 p.m. i daily and 10:30 a m. Sunday. If regular delivery arrives hortly after you call plcaie . notify office, thui eliminating peclal messenger service. mppi put up $2 for each $1 of state money. Rep. John Mosser (R-Beav-erton) expressed hope that would encourage the states schools and college systems to take part more seriously in educational television. The subcommittee abandon ed a proposal to put educa tional television and radio under an independent council and decided to leave it under higher education, where it is a semi-independent branch. Cultural Broadcasts Most of the money ap proved by the committee for the 1963-65 biennium, $696, 900 of it, would go to the system for cultural broadcasts and its "college of the air." Of the rest, $60,000 would go to higher education and $80,000 to the Department of Education for school - pro gramming. The effect of the budget ap proved by the subcommittee would be to hold back tne ex pansion of the five year old state educational television system, which had hoped to increase its broadcast hours. Educational radio is included in the budget. , The subcommittee indicated it may also approve $101,000 in state matching funds to construct the proposed Mary's Peak broadcasting facilities which -would increase the range of ETV farther up the Columbia river. The subcommittee also dis cussed a new proposal on Regional Edition Medford Page 2A Tribune MEDFORD, OREGON, THURSDAY, MAY 16, 1963 what to do about the state's two tuberculosis hospitals in Portland and Salem. The legislators are trying to consolidate the operations. The governor suggested moving all patients to Salem for a $600,000 saving. Oppon ents replied most patients come from the Portland area, and the expert medical help is mainly, at the Portland hos pital. The Portland hospital, how ever, is not large enough for all patients, now about 160. Rep. Ross Morgan (D Gresham) revealed the Mult nomah County Commission has expressed willingness tc handle state patients at its county hospital and annex be tween Troutdale and Fair view, which would supple ment the Portland hospital. Morgan said the rate pro posed by the county would save the state an additional $300,000. No action was taken. What a treat for every occasion! nkgB occasion! rTPHS JinfeNCE cream! o o o SUPER MARKET 0 0 0 -LIMIT RIGHTS RESERVED - FREE DELIVERY- Direct Shipment of Eastern Pork , From Omaha, Nebraska Pork Loin Roast END CUTS 3 9 ib Pork Chops Lean Center Cuts Pork Steaks Corn Fed 4 Slab Bacon Light Lean Sides 3fs FRYERS 35' I HAMS Boneless, Fully vCooked 69' TOMATOES Red Ripe Slicing Siie ... 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