Medford mail tribune. (Medford, Or.) 1909-1989, June 28, 1963, Image 2

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    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
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Complete In carry
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Cooler with stand
23.91
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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.
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8 a.m. to 4 p.m. SATURDAYS
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