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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 28, 1963)
Islfateir Lashes at Regional Edition MEDFORD Page 2A Tribune MEDFORD. OREGON, FRIDAY. JUNE 28. 1963 Stock Market Prices Rise on Moderately Active Trading New York - UN - Stocki moved slightly higher on moderately active trading early today. Chrysler paced a firm motor group with a gain of close to a point. Du Pont, Kodak and Monsanto rose a point or more In the chemi cals. Steels tended to firm. Amerada gained roughly Hi in the oils after boost ing its dividend. American Crystal and Great Western rose 1 or better in the sugar group. However, Borden and Campbell Soup each dropped a large fraction among the foods. Some airlines and elec tronics Joined In the general advance. ddresjograph, Litton, Northwest Airlines, U.S. SmeltinL Xerox, and Gen eral Precision rose 1 or more. DOW JONES AVERAGES New York - ItlPI) - Dow Jones final stock averages! 30 industrials 708.81, off 7.33i 20 railroads 173.15, off 2.01 18 utilitits 139.27, off 0.82i 63 stocks 235.71,, off 2.S0. Sales Wednesday were aboui 4.3 million shares compared with 4.12 million Tuesday, Thurdiy'i itocks: pries, on s.ltclsct Allied Chtmlcal Alum Co Am .... American Air Lines H American Can ., American Motors ...... A T & T Amerlcsn Tobseco ,.M Anaconda Copper . 4"i , M'i .... 29 , . 4(4k IS '4 , Hoi, . 2M, 4(, Swimming Pools ALL TYPES Darin Taylor, Contractor 117 Nl Dean Drl.e, Grants Pais Phono 47-SJJ Armco American Standard Bendix Corp . . .....;....... Bethlehem Steel Boeing Air Brunswick . W......H Caterpillar Corp Chryaler Corp Coca Cola C. B. S Columbia Caa Continental Can Crown Zcllerbach Crucible Steel CurUaa Wrlfht Dow Chemical Du Pont Eastman Kodak M Firestone Ford General Electric General Fooda General Motors General Portland Cement Georgia Pacific Greyhound Gulf Oil Homestake Idaho Power !. B. M Int Paper Johns Manville Kennecott Copper Lockheed Aircraft , Martin Merck ... Montana Power .. Montgomery Ward National Blieult 85 I6"i ..... S2 30, 3i, la, 42 ' 2, .. .. 4 SS", SOts 47", 50', .... 20!, .... 21'.. 60 ...245 109 34 n 3H. .. 7S SI'i BtHk .... 42 '.J 40 30'i 44 48 .. 33i ...434 U ... 30'.J 4", 72 "4 ... S6'i It 894 .... 3 .... am, .. . 32 Kw Vnrlr Central 22 Northern Natural Gaa 92', Northern Pacific 47', Pac Gas Eire 31 , Penney J. C - 42', Penn RR Permanent Cement 10 Phillip, 51 Procter St Gamble 753, Radio Corporation .. 6SJ, Richfield Oil 41', Safeway - 97, Santa F 20, Sear, 88", Shell Oil 44', Socony Mobil Oil B'. Southern Co A-V. Southern Pacific 3(1',, Sparry Rand 14 ',, Standard California 63 Standard Indiana 511 Standard N. J mV, Sun Mines lo'i Texa, Co 70, Texas Gulf Sulfur 14 3 Texas Pacific Land Trual 2.1 ', Thlokol 24', Tram America 91 Irene World Air 10'. Tri-Contlnental 49i Onion Carbide 1021. Union Pacific . 41 'i United Aircraft 4.1 , United Air Line, .in', U. S. Plywood 97 V. S. Rubber 44 H U. 8. 8teel 47', United Utllltei 38', Weallnthouao 33',, Foreign Briefs NATIONALIST CHINESE OFFICIAL TO TAKE LEAVE Taipei, rormoia-a?n-Na!!onaI!ti Chinese Vice President- Premier Chen Cheng will lake a one-monih leave of absence starting Monday because of Illness, it was announced Thurs day. The 12-year-old Chtn, often regarded at heir-apparent to President Chiang Kal-thtk, was hospitalised for one month last year. CANADA'S PEARSON UNDERGOES SURGERY Otlawa-dJPII-Prime Minister Lester B. Pearson, who last saw the Inside of hospital after crashing on his first and last solo flight in the Royal Flying corps in 1918, today undergoes surgery to rtmove a cyst from the right side of his neck. RUSSIA CONTRACTS TO SELL SCRAP TO JAPAN Tokyo-dPrVTht Yomiurl newspaper today said the So viet Union hat contracted its tUtt postwar sale of scrap iron to Japan, undercutting American prices by 12-13 per ton. The newspaper said the firm of Tokyo Boeki Ltd. hat agreed to purchase 30,000 tons of scrap from thj Soviets at 138 per ton and that the Russians were sounding out Jap anese traders an the possibility of selling them as much as 800,400 tons next year. Liberals in: Young Republican Speech Sixth and Central downtown OPEN TONITE TILL 9 FRIDAY AND SATURDAY ONLY ALUMINUM Chaise Lounge Sturdy in. Framej 4-in. Pad LOW, LOW PRICE 5 RABAR COOLAIR ROOM Cooler Metal cabinet, water gauge, Ouar. for 1 yr. Complete In carry ut box Cooler with stand 23.91 088 RAYON VISCOSE 9x12 Rug Foam btcktd, brown A white, green 4 white, beige i white or candy stripe 077 FOR THE LADIES Capri Sets Cotton and rayon Not Imports. Slits 10-11 Reg. $3.99 288 NEW SCHOOL D resses Hurry while the selection it greall lay away now for school. All styles and color. Sites S to 14 to 98 98 CHILDREN'S LADIES'-MEN'S Thongs All Siztt and Colors I R $1 Ilewfcsrry's DOWNTOWN Oport Monday and Friday Nitet Til 9 Big-City Machine Said Needed by Demo Candidate San Francisco - 1'Pt - It had all the flavor and color of a Republican presid tial nominating convention. 'The man who" was there. Delegates roared their proval of him. They brand ished nners, buttons and books during repeated Inter ruptions of a speech by the nation's conservative stand ard bearer. Sen. Barry Cold water. Lashes at Liberals Coldwatcr, addressing the national Young Republican convention, Thursday lashed out at liberals and President Kennedy. "It is the moral bankruptcy of the liberal politicians which is causing the young people to move toward the Republican party," the Ari zona Republican senator said. "They are the reaction aries. They haven't had a new idea for 30 years." He said the liberals are ob sessed with economic solutions for all p r o b I e m c and have entered Into a "cynical alliance" with big city politi cal bosses. He said city ma chines were a "national dis grace" and any politicians who accepted their support were "phony liberals" without the ideals of true liberals who pioneered the movement. Pandemonium Reigns The convention delegates, 75 per cent of whom voted support for Goldwatcr as the 1064 COP presidential nomi nee in an informal poll, were prompted to pandemonium by the Arizona delegation which arrived here with 2.000 pounds of signs, campaign but tons and books to extol their state's senator. The SS-minule speech was hailed with demonstrations of delegates waving Goldwater banners, the Stars and Stripes and Confederate flags. Observers compared it with old-time nominating conven tions with all the elements of a hotly contested fight for the coveted prize. Goldwatcr, taking an indi rect poke at President Ken nedy, said "the stern cold fact is that no Democrat can be elected to national office today who is not under deep and unbreakable obligation to the corrupt big-city ma chines." Jibes at European Trip Goldwatcr also aimed a Jibe at the President's trip to Europe. He noted that "the leader of the Frontier Is in Ireland. I don't know what troubles they luwe there, but we have a lut of 'cm here and lie ought to be home taking care of them." He told the crowd between cheers that America's military chieftains should be asked for their opinions on the U. S. nuclear test ban proposals. Goldwaler's speech follow ed a prediction by former California GOP Sen. William F. Knowland that the Repub licans could carry the South in the next election and did not need to win cither New York or California to elect a president. Knowland, editor and assistant publisher of the Oakland (Calif.) Tribune, told the convention that "there is no Southern state we need to i concede to the New Frontier.'' To Elect Chairman I The Young Republican con vention, now in Its Until day, was scheduled inter today to elect a now national chairman to succeed Lcn Nadasdny of Minneapolis, Minn. The two principal candidates were Charles McDevitt of Boise, Idaho, and Donald Lukens of Washington, D. C. Thant Pessimistic on Outcome of High-Level Conference on Nuclear Disarmament United Nations, N.Y. - HOT - Secretary General Thant said today the big powers have "missed the bus" on a nuclear test ban treaty and predicted that Communist China will explode an atomic weapon this year or next. Thar t told a news confer ence he is "not very hopeful" about the outcome of next month's projected high-level conference on disarmament at Moscow. "From the present atti tudes," he said, "I very much doubt that a nuclear test treaty will be concluded this year . . . My feeling is that the big powers have, in a way, missed the bus in the Geneva negotiations." Thant said Communist Chi na's nuclear potentialities must be reckoned with in any disarmament negotiations. "It will be very difficult. if not impossible, to prevent China from exploding an atomic bomb, possibly this year and probably next year," he said. Thant said that modern his tory indicated that after the domination of Britain in the 1920s, Hitlerite Germany in the 1930s, and the United States and ' Russia in the 1950s and 1960s, there are now "unmistakable trends to ward new alignments." "In the '70s - if there are any '70s - the world will wit ness four big powers: The United States of America, Eu rope, Russia and China. It would be part of wisdom for the world leaders to take these considerations into ac count in formulating their policies." Thant indicated that by the 1970s, he expected that Com munist China, Germany and From Page One Hatfield Expected To Make Defense Decision Next Week Sandstrom said the final decision on whether the state would supervise the county programs would be made by Hatfield "sometime next week." He said he would call the five counties "to determine what it means to them if we do not administer the pro gram for them." Matching funds were ap proved for Benton, Linn, Umatilla, Polk and Washing ton counties, with the condi tion that the state provide supervision. Aid May Be Denied In addition, Polk and Wash ington counties were told "if their performance ... is not improved" before the next year, they would be denied further federal aid. Sandstrom said he talked to Benton county authorities and was told loss of federal matching funds would amount to about $2,900. . No mention was made in Ralls' report of any funds for Multnomah county, or the city of Portland. They are dropping civil defense July 1. Sandstorm said some coun ties would not make a deci sion on whether to drop civil defense until today, the last Hearing Is Today On Fire District A hearing is scheduled this afternoon in Jackson county court mom on proposed for matlon of the Prospect Rural Fire Protection district. Formation of the district was spurred by a fire March 15 which destroyed the home of a family with four children The fire was reported at 3 p.m., but when volunteer tire men arrived the fire wus be yond control. No one was home at the time. A public meeting was held on March 29 to discuss the formation of the fire district. Interested cituens consulted with Gordon Barker. Medford fire chief; I. C. Lisenbre. Cen tral Point Rural Fire Protec tion district chief, and Wil liam P. Hotile. Grants Pass, deputy state fire marshal. business day of the current fiscal year. He said in addi tion to Portland and Multno mah county, Klamath, Lin coln, Deschutes and Lane counties have already decided to drop or reduce civil de fense budgets. In the meantime, the agen cy was preparing to move into its giant new $36,000 offices in the basement of the capitol. The move was to be made today, but was postponed one day because movers couldn't get to the job before Saturday. In addition to the big new 50-by-90 foot offices, there is a nearby communications cen ter with teletypes, radio equip ment, and underground tele phone lines to key points. Couldn't Stop Work The legislature was unable to stop work on the project because funds had been appro priated before the CD cut back was ordered. "The loss of federal match ing funds to the budget means that the state will not be able to coordinate the priority shel ter program and other sup porting activities," Sandstrom said. Also in doubt was the fu ture of 37 emergency field hospital units stored in Oregon. other major powers all would be members of the United Na tions. Thant said he is "gratified" by the stop gap financial plan adopted by the General Assembly Thursday which cleared the way for him to carry on UN peacekeeping op erations in the Congo and the Middle East for at least the next six months. It will be up to the regular assembly session in September to deal with the announced refusal of Russia, France and other powers to pay their share and to take atept to meet the shortage that will result. He said he "hopes very much" that a financial formula can be worked out before too long that will satisfy Russia and France. -1 mi t Fast, efficient Serrks Ship ft LASKE Oakland. Saa Francises), Le Aafttat and OriMt CsliHr.it Psiars Call Jack Fitsfmle) 77J-77.1 mm IT'S FOREST TIME! Mulches Conserves Water! For Flowers, Shrubs, Lawns, Gardens 300 Cu. Ft.-$1800 (11 Cu. Yds.) 200 Cu. Ft. - J4 700 Cu. 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