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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 4, 1963)
Nearly All Groups Register Decline in Stock Market New York-dTli- Stocks went into reverse early today and falls ranging from fractions to more than a point were regis tered in most groups. ; Youngstown led a soft steel section with a drop of nearly 1. Chrysler gave up a point in the motors where American flotors was the only gainer, adding a small fraction. Eastman Kodak continued to hold a small gain in a lower chemical section which fea tured a loss of 1 '-i in Du Pont. Price movements in the oils were mostly fractional and mixed but Wilcox stood out with a Jump of nearly 2. Min neapolis - Honeywell gained more than 1 in electronics while IBM held unchanged and Bcckman, Litton, Control pata and Texas Instruments eased. Amalgamatcd'Sugar. Amer ican Crystal and Holly were point sized losers in their group. Xerox and Polaroid lost more than 2 each and Bristol Myers slipped 1. At lst! A nleuant. rerreatiineT to help hrenJc inoklnx habit. Great taste, Kenny meuiumcu. .to help satisfy tobacco 9 crairlnir. At arug stores. DOW JONES AVERAGES New York - irii - Dow Jonas final stack averages: 30 industrials 726.27. off 0.69; 20 railroads 173.16 olf 0.22; IS utilities 140.42, up 0.09, and 65 slocks 259.44, otf 0.19. Sales Monday were about 5.4 million shares compared with 4.68 million shares Frday. Monday's Allied Chemical Alum C Am Anient- n A;r Lines .. American Ctin American Muton .. AT&T. American Tnlcc Anaconda Cupper . Armco Bend ix Corp Bethlehem btrel Boeing Air Caterpillar Corp . .. . Chrysler Corp Coca Cola . CBS Columbia Gu Continental Can Crown Zellrrnftch Crucible Steel Curtlftft Wright Dow Cheir.u'itl Du Pont Eastman Kodak Kirettune Ford General Electric General Fonda General Motor Greyhound Gulf Oil Lockheed Aircraft Martin ..- Merck Montana Power Montgomery Ward xd) Nalianul '.m:t New York Central prices an selected Northern Natural Cai Northern Pacilic Pac Gat Elec Pt-nntv J. C Ptnn RR Perma Cement Philhpa Procter St Gamble Radio Corporation . Rtchlield Oil S.l av San la Ke S-ar Shell Oil Suci'iiy .Mobil Oil Sou'.hirn Co. Southern Pacific S perry Rand Standard California .... Htanciurd Indiana Standard N. J iSun Mines Texas Co. 'Itx.it Gulf Sulfur ThioKol j Trans America 1 Train World Air I Tri-continental t'nion Carbide Union Piicific United Aircraft United Air Line I V S Plywood ; Wcstuiffhouae S3J, 32 U 44 I7j I5'4 52 , 76 i. U'J't 44 57'j 68 53' 35' 141 10. .. I5. .. 25 , .. 52, .. It) . 48 , .111 1 .. 42 .. 42 42' . ftf)i .. 371 Regional Edition Page 2A MEDF0RDKfefTRIBUNE MEDFORD. OREGON. TUESDAY, JUNE 4, 1963 Foreign Driers ... 54', .. an', ... 21'. .. ai', ... ii:n, 2.')2 ..n:i4 .. 3.1 . 21'. -aw mi jiii,; ii. Wi-wyW:. CALL 773-7103 To Consolidate Your Bills Into One Payment Without Borrowing! Credit Equity, Inc., wn founded for tha purpose of aiding ftmtUei over burdened by debt. Mail this Clipping n For Further DoUilt pj No Oblij,tion! B B Name... CREDIT EQUITY, INC. Room 201 Medical Center Bldg. Licensed and Bonded In Oregon Address.; Phone All Information Confidential Strictly Kennedy Seeking Support on Rights Washington -H'Pli- President Kennedy sought today to en list the support ot prominent businessmen for the civil riiihls program he plans to send Congress next week. The President scheduled meeting at the White House llh 100 executives whose firms operate widely through the South. Kennedy had hoped to get his special civil rights mcs- 6ai!e to Cormrcss today, but administration sources said he had postponed the legisla tion to await conferences -such as today's - which he and Ally Gen. Robert F. Ken nedy feel are vital to success of the program. One of the proposals under consideration is reported to permit the attorney general to file suits on behalf of Ne groes excluded irom puunc schools and other facilities. Another would forbid racial discrimination in businesses dealing In interstate com merce - presumably hotels, motels, some stores, theaters, restaurants and such. NASSER CONFERS WITH RUSSIAN EDITOR Cairo, U.A.R.-lPI-Prendenl Carnal Abdel Nasser con ferred with Russian editor Alexei Adihubei Monday, ac cording to government announcement here. The announcement did not disclose the substance of the talks. Adzhubei is Soviet Premier Nikita S. Khrushchev's son-in-law and editor of the Soviet government newspaper, Isvestia. 'iff Angry Squabbling Ma As Legislature Adjourns n n snaa ksimf Salcm-TPt-The 1963 leaii lature ended, sadly and hu morously, in a parody of its life. Hurts of the session had cut deeper than anyone could re member. SOVIET UNION REVISES DEVELOPMENT PLAN Moscow-tPii-The Soviet Union announced Monday it has revised its national seven-year economic development plan to emphasize the production of synthetic fibers and con sumer goods. The announcement said Iht changes will go into effect in the Soviet Union's 15 republics in 1964 and 196S. It said the council of ministers decided on the change to help satisfy needs, increase shoe production and replace strategic metals with chemically produced materials. U.S. BOOKS ON EXHIBIT IN YUGOSLAVIA Belgrade, Yugoslavaia-ifl'luAn exhibition of 1,400 books printed in the United States opened Monday in Skoplje, 2!0 miles southwest of here, according to the official Yugoslav news agency Tanjug. It said the exhibition was sponsored jointly by the U.S. Embassy, the Yugoslav Commission tor Cultural Relations and the Yugoslav Publisher's association. Most of the books displayed are copies of the classics, Tanjug said. The Interim Tax committee , The Senate also slashed th; committee's funds. Choice Faced The House faced the choici of accepting the changes, or j losing the committee alto- j gether. Eymann, who has taken a ; plead- Angry squabbling and chok- ' 7 'Z beating in recent days ed for acceptance. an 4..e: i..c uu . cKi uiua wcie Thn Bar,on ,ook bu uusjr venting iiicii idiiuui for the final time they did not realize until 11:55 p m. they were about to go into their 142nd day. The last fight came when the Senate decided to take a final dig at House Speaker Clarence Barton and Major ity Leader Richard Eymann by amending a resolution so that a senator would be chair man of a Barton-Eymann pet: Gas Tax Increase Near in California OPEN 9 a.m. to Evenings by Appointment 6 p.m. and Varsity Theater in Ashland To Open Ashland - The Varsity the- I ater, closed since former opcr 1 ator Russell Osborn was tound dead April 27, has been I purchased by Harry Arnold i of Dunsmulr, Calif., and will reopen Friday, it was learned I here today. Arnold operates lhe Cali fornia theater in Diinsmiilr and will remain a resident of that community, however. He hus named Mike Shirar, for mer operator of the Sparks theater In Sparks, Nev., to manage the Varsity. r . ply; 'j, r v r ! f , f AT v I ' ' 4W VI i fillip 1 1 x.'jd Sl I r ' r ........... !.... ,1nl..r, t.! f. sf k 1 ' 4ini.s t-.mie nnnxnie, WAWie i an A , h,..t -41 Sacramento -!UPU- Gov. Ed mund G. Brown today was only one vole away from be ing asked to put his signature on what he considers an in creased consumer tax. But he'll have at least a week before the problem is presented. On a 60-13 roll call vote, the assembly Monday overwhelm ingly approved a bill to raise California's 6 - ccnts-a-gallon gasoline tax to 7 cents. The bill, by Sen. Randolph Collier (D-Yreka) already has passed the senate, but must re turn to the upper chamber to gain approval of a major as sembly amendment. The amendment, sponsored by Assembly Speaker Jesse M. Unruh, allows California's counties to levy an additional 25 per cent automobile tax and use the money for rapid transit. The money would be collected by the state but dis tributed back to the counties. In addition, the bill con tains a IS pur cent acioss-thc- board increase in truck weight taxes. Among them, the provisions of the bill would raise more than $100 miilion-at least $70 million of which would be for use to improve deficiencies in city streets and county roads. The rapid tiansit feature, if fully utilized, could raise $38 million. Although the senate could act today to agree to the as sembly amendments-, Collier said he would not press for approval until early next week. Collier predicted that the measure would clear the sen ate in its modified form and reach the governor's desk. Man Fined in Court For Leaving Scene Charlie Mull, 56, of 2984 East McAndrews rd., wasj fined $100 in Mcdford munici pal court this morning for failure to leave information at the scene of an accident. The fine was imposed by Judge Pro Tern Donald Den man after Mull pleaded guilty to the charge. Mull was arrested by city police earlier this morning on a bench warrant after he had failed to appear at a previous ly scheduled court hearing. The charge was an out growth of a vehicle accident hiil week. Granis Pass Men Held for Burglary Grants P-s Two Grants Pass men, William Spencer Best, 27, and James Larry Williams, 22. were arrested early Tuesday morning on a charge of burglary and are in custody, city police reported. The two men, according to police, were returning from a tavern when they noticed a cracked window in the Shclton Sporting Goods store i and decided to break in and remove guns and a rifle. The guns were taken to Best's home, then the two men re turned to the store to retrieve a tire iron left there. They were reportedly seen about 1:50 a.m. by Arthur Missener, who was working late on books at the Shelton Auto Parts next door. He call ed police. Best, who had cut his hand in the broken window, was apprehended, and taken to the hospital for treatment. Wil liams was later arrested at his home. Both were jailed by city police. Area Teen-Agers Cited by Officers Four area teen-age youths were cited by Medford police officers last night for viola tion of the city curfew ordi nance. About 12.20 a.m., a 17-year- old Prospect boy and a 17- year-old Eagle Point boy were cited. At 3:05 a.m., two Jack sonville youths, aged 16 and 17, were cited. Appearances for the youths will be arranged in Medford municipal court. to the floor with a promise to throw the session - long House-Senate feud into the interim be tween now and the next leg islature. "There's , more than one way to skin a cat," he de clared. Since there are more House members than senators on interim committees, he said he would seek a pledae from every House member he appoints to retaliate against the Senate on other commit tees. Only an hour earlier, in a symbolic gesture, Barton had smoked a peace pipe with Senate President Ben Musa on the floor of the Senate, to the applause of senators, rep representatives and onlookers. After Barton spoke in the House, severpl m e m b e s, mostly Republicans, tried to object that his remarks did not reflect the thinking of the whole House. They were rapped out of order. j Demos Back Committee The House aproved the committee, with mainly Democratic support. Rep. Katherine Musa, wife of the Senate president, stood and in a choked voice called the behavior of the House "a spectacle." Then, while the recrimina tions continued, a few mem bers suddenly realized the time. Eymann hurriedly conferred with Barton, then galloped to his seat at the rear f the chamber. With rapid whacks of the gavel, and with Barton speak ing so fast he almost stut tered, the resolution for sine die adjournment was set jt 11:59. The Senate had wailed pa tiently. Many senators had crossed to the House to heir themselves termed "vindic tive," "willful," and "petu lant men." Most of them chuckled. But deeper down, the legis lators were stroinei r.e'ir i.:e verge of collapse. The bitter ness and bad taste of the;r feuding would remain for some time. At 12:09. senators on one side of the capitol and repre sentatives on the o.her heard the gavpl banned for the fin:il time. Tiiey sang "Aiild Lang Syne" a little weakly, smiled, shook hands, and adjourned. 1 For Fast. r'i7ient Service. -- ' fL!. I. iXii 5h.it It y r from 0 OjVtind, San :rancisco, Los Angeles and Other California) Points Call Jack Firtgersld 773-7761 Advertisement Husbands! Wives! Get Pep, Vim; Feel Younger Thousand! of couple are weak, tired worr-cjt ex hi'.ited because bcoy larks iron Fcr j new Ci."i-r feeling jfter4O,5O,60,. ryOstrexToni; Tjfl.'ets.Cn Ij n iron tot rfw ppp( vgjr; jlsa j.,cf !em?r.t.i-y OOjC Viljiin Bt. 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