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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 18, 1963)
nfe iiennium With Surplus of Nearly 2 Million Dragon I Electronics Outperform Most Other Stock Issues New York - (UPD - Stocks hold about steady today. Electronics and a lew other stocks responding to good earnings reports outperform ed the rest of the market. Minneapolis-Honeywell and Elec tronic Associates rose about 2 apiece in the electronic sec tion. Control Data also per formed weil.v Rohm & Haas advanced roughly 11-4 in the chemicals on higher earnings. However, ' Du Pont and Diamond Alkali lost a large fraction each. Steels were weak. Autos were narrowly mixed. A few drugs, oils and metals moved higher but some foods weakened. Georgia Pacific , .,. 40 Greyhound 40 GuU Oil 471 Homestake 31 ','4 Idaho Power 34 1. B. m Idd ini rapcr wa Johna Manvllle 475 Kennecott Copper 73 Is DOW JONES AVERAGES . New York - fUPI) - Dow Jones final stock avaragat: 30 industrials 699.72. off 2.40; 20 railroads 171.37. off 1.29; 15 utilities 137.88, off 0.26, and 65 stocks 252.42, off 1.04. Sales Wednesday war about 3.94 m 1 1 lion shares compared with 3 million shares Tuesday. Wednesdays prlcea on (elected stocks: Allied Chemical ...... 4B!i Alum Co Am B4 American Air Llnei 35 American Can 45 American Motori 17 AT&T 120!, American Tobacco 28 U a ...... r-aH uttl ,iiiak.u.iua wuppc Armco 34fl-i American Standard ISTs Bendlx Corp 51-54 Bethlehem Steel 30 .i Boeing Air .. ..... 33 V Caterpillar Corp ..... 44 'a Chrysler Corp . 58 H Coca Cola : 04 C.B.S - m Columbia Gas 29,' Continental Can . 461, Crown Zellerbach 48 Crucible Steel 2H, CurtlM Wright 20i Dow Chemical 37qi Du Pont 23B1J Eastman Kodak 108 Firestone ... 33 ',i Ford 504i General Dynamlca 24 General Electric 79 M General Foods H 81 General Motors SOU General PorUand Cement 20 ',i Federal Fugitive Arrested in Medford A 50-year-old federal fugi tive was arrested by Medford police in a downtown motel early this morning. Officers took Edwin Ray mond Miller Into custody about 2:25 o'clock on a fed eral warrant charging him with unlawful flight to avoid prosecution. Police reports Indicated that Miller was wanted in Texas and Fresno, Calif., on forgery charges. He was lodg ed in Jackson county jail, with bail set at $2,100. Lockheed Aircraft 52 Martin 10 Merck 93'.5 Montana Power 37 Montfomery Ward 3T,i National Biscuit SHI New York Central 21 Mnrthnrn Natural Gas 40' Nnrthcrn Pacific 45Si Pa- Gas Elec : 31 Penney. J. C 4 Hi Santa Fe (Editor's note: The remalndei of the stock market list was not available at press time.) loco Youth Held On Molestation Count A 14.vpar.nlrl Medford boy woo taken Inln nrotective cus- today by city police Wednes day morning and charged with child molestation. The youth was lodged in Juvenile dentention nome at 1e- a fiiv.vpnr.nlri ffirl idenll find him an the nnp who had molested her earlier in the week. Foreign Briefs rNGLISH ORCHESTRA LEADER UNCONSCIOUS Bournemouth. Enaland - UIPli - Orchestra leader George Malachrino, 54, was reported unconscious at Royal Victoria un.nlia! (orlav aflar bacomlno ill Wednesday night. The exact nature of the illness was not disclosed, but his wifa said ha fall and aggravated a recent back injury. VESSEL SINKS IN NEWFOUNDLAND HARBOR Catnlina. Newfoundland - HOT - The motor vessel Wesloy. iiu sank In Catalina Harbor Wednesday after burning for nearly 24 hours. Fear of exploding oil tanks kept firefighters away from the ship. . . LABOR COLUMNIST ARRIVES IN BUENOS AIRES Buanos Alres-AIPIi-Labor columnist Victor Riasel arrived here late Wednesday to begin a five-day visit. He leaves for Montevideo Monday. Reisel said ha is studying Communist Infiltration of Latin American labor unions. JAPANESE JUSTICE TO VISIT UNITED STATES Tokyo-Wlt-Kliaburo Yokota, chief justice of the Japanese supreme court, and his wife will leave for -the United States Aug. 5 to attend the convention of state chief justices in Chi- cago. ... DREWS BIG JULY SMWMR CLEARANCE Drastic Reductions on All Men's Summer Weight Suits, Sport Coat and Slack Ensembles form Drews Regular Stock. 1 f MONDAY I '"d 1 FRIDAY V-K NIGHTS TILL 9 War Hart, Schaffner & Marx $85 to $100 . $69 to $79 Griffon and Varsity Town Were $75 to $85 $59 Curlee and Varsity Town $60 to $70 $49 $54 War Young Men's Natural Shoulder Suits Wert $39.95 to $50 . $29 to $39 Men's Sport Coats Check These for large Savings CAQ War $29 95 to $60 ytf to $19 Unusual Values in Young Men's TERRIFIC IVY SHIRTS savings Tha perfect Buy for your BACK-TO-SCHOOl Needs. Selections In both long and short sleeves to fill out the traditional Ivy Wardrobe. Regularly from 3.98 to 8.98 Swim Trunks Beachwear Sweat Shirts You'll find a large selection her lo finish out the summer. Were $2.98 . $8.98. maw CQQ ...$199 Sy99 Buy Now - While this Clear anc it in effect! You can save many dollars in this July Special Eventl sinci lm , DREWS Manstore IN THE MEDFORD SHOPPING CENTER Tax Collections, Liquor Revenues Account for Sum Salem -MPil- The State of Oregon ended the 1961-63 bi ennium with a surplus of nearly $2 million, State Fi nance Director Freeman Hol mer announced today. The figure is well over $1 million more than expected when the 1963 legislature closed up shop early last month. Holmer also estimated that under the new tax program passed by the 1963 legislature the state would end the 1963 65 biennium with a $4.9 mil lion surplus. Holmer said today thai un expected increases in corpora tion excise tax collections and state liquor revenues last month were responsible for the additional $1 million in the 1001-63 surplus. The stale ended the bien nium with $1,943,779. More Than Expected Holmer said corporation tax collections in June were $608,- 000 more than was anticipated and that the liquor commis sion raised $437,000 more than was expected. Personal and corporation tax collections for the bien nium amounted to $233,775, 532, which was $22 million less than the 1961 legislature had estimated in preparing the 1961-63 budget. However, state spending was cut from $365 million to $358 million. In order to balance the last biennium's budget the state also transferred $5.5 million from the veterans loan sink ing fund to the general fund. Liquor sales durine the bi ennium brought in $3 million more than was anticipated in 1961 while gift and inherit- ance taxes produced an added $4.8 million and interest earn ings were $1.4 million over estimates. Rockefeller Said Out To StOD Possible GOP Nomination of Goldvater Editor's note: New York Gov. Nelson Rocks feller was reported lo have lost ground as a potential presi dential nominee when he married a divorced woman. But last Sunday Rockefel ler let it be known ha was not consigning himself to political oblivion when he attacked the "radical right" in the Republican party. The following rtnalysis was written by a veteran re porter of New York politics. By KIRTLAND I. KING Albany, N. Y. - IUPB - Gov. Nelson A. Rockefeller is out to stop Sen. Barry Goldwater, leading conservative contend er for the 1864 KepuDiican presidential nomination. Rockefeller, an aiae saia, has known Goldwater many vears and likes the Arizona senator personally. He calls him "mv nana triena Barry But, he feels Goldwater car- rips a heavv conservative la bel that could sink GOP con gressional candidates next year. "What dn vou think would happen to our congressional candidates in the East with Goldwater heading the tick et?" a Rockefeller associate asked. "Right here in New York state he would have a tough job." Captive of Right The governor, himself a potential White House nomi- Part of Brown's Tax Reform Plan Up in Assembly Sacramento (UPI) The Cali fornia Assembly was pre pared for a test vote today on a large part of Gov. Edmund G. Brown's tax reform pro gram. On the lower chamber floor for a Vote that will srnrl (hem to the governor for his cer tain, and almost Immediate, signature, were bills to: Accelerate collection of the state's bank and corporation lax ana eliminate Hie install ment nrivlleBe nf nnvinir thn tax after it is due. Speed collection of the gross insurance premium tax. Transfer to the general fund, the state's cash box, $500,000 a year from the sur plus line brokers tax. whirh now goes into the Insurance in no. Would Boost Revenues Among them, the three bills would boost state revenues during the fiscal year that be gan Jlllv 1 hv SK1R 2 million- $82.7 million from the bank ana corporation tax, $22 mil lion from the insurnnrp Ipw and the $500,000 from the uroKers lax. Delayed temporarily in as sembly committees were two other measures in the gover nors program-a bill to elim inate Installment payments for personal income and add $44.6 million in revenue lo the state this year and one to cancel tax liability for lower income persons, who would pay $3 or under. Talent Woman Falls While Fishing A Talent woman was re ported in fair condition today at Sacred Heart hospital be ing treated for injuries suf fered early this morning when she fell while fishing near Bybce bridge. Oregon state police were notified about 6:45 o'clock this morning that the woman, Mine! Wigcns, 68, of route 1, box 50fl, Talent, had fallen down the steep bank near the southeast comer of the bridsc. She was taken to the hos pital by Medford Ambulance service where she was being treated for an injured shoul der and knee. Youths Warned Of Cancer Death From Cigarettes Portland -IOTD- A million teen-agers alive today will die of lung cancer before they are 70 as a result of cigarette smoking, Dr. Alton Ochsner said here Wednesday. Dr. Ochsner, a surgeon and emeritus professor of surgery at Tulane university, is here to address the Northwest Can cer Conference which opened today. He scored doctors, priests, parents and teachers for fail ing to accept their responsibil ities about cigarette smoking. ; He said the teen-agers would die in time "from a disease which is preventable." 'If we said fallout would kill that many, you can be sure that something would be done about it - and done right now." Most Frequent Cancer He said lung cancer was almost nonexistent 30 years ago. It Is now the most fre quent of cancers. He said next year more people will die of lung cancer in this country than from automobile acci dents. Dr. Ochsner said he had no doubts about the evidence against cigarettes. , He said the over-all deatn rate from all causes is 105 per cent higher among ciga rette smokers than non-smok- The death rate from lung cancer is 800 per cent higher, he said. He recommended that America and Great Britain curb cigarette advertising of "manliness, strength and vir ility," and advertising which can reach young people. Subscribers To rrpori improper of non delivery of the Mail Tribune in Med lord, phone ?7im; AJv Und cU it 418 Bridge at . of Phone 3-3yi2; Yrk. phone Victory 3-atflOS before tti pin. danly and 10 30 am. Sunday. If regular delivery arrivee shortly after you call p notify office, thus el.m.natmf Rperial rfeenRer service. Report Shows $7.59 More in County Jackson county taxing units ended the fiscal year June 30, with $7.59 more on hand than at the start of the year July 1, 1962. The annual report complied by County Treasurer Karl j Junouch for the county clerk j showed that the balance on ; hand is $2,326,103.42. The I money will be used during the next several months as ; county government and var- j ious taxing units operating : funds until receipt of the O and C funds in late fall. During the year the county : and all taxing units received : $18,672,461.05 and disbursed $16,346,357.63. Principal sources of income : were from the U.S. govern ment (O and C, forest reserve, Taylor grazing act, and Na tional Defense Education act) $2,879,330.08; the stale $1, 145,455.85; and Various coun ty fines and fees for services $921,374.28. Taxes collected during the year totaled $8, 401,862.16. Advertisement ATHLETt S FOOT GIRM MOW TO KILL IT IN i DAYS If not pltstsd with itrsnj, instant drying T-4-L, yoiir 48c back at any drut tlora. Watch Inftctea' skin lough off. Witch htalthy skin re. place it. Itch and burning are. gene. TODAY it lif Y Pharmacy, fty Less Drug Store nee, said it is likely that if nominated Goldwater would become a "captive" of the "radical right lunatic branch" trying to gain control of the GOP. "They are not going to get control in this section of the country," Rockefeller added. Rockefeller's attack on the "radical right" was made in a statement issued by his Al bany office last Sunday while he was vacationing at Seal Harbor, Me. The statement, the United Press International learned, was drafted at a secret meet ing Rockefeller had with his top political advisers at Seal Harbor. George Hi n m a n, New York's Republican national committeeman, spent several days at the governor's vaca tion retreat. Many telephone calls were made. Rockefeller and Hinman were joined by other power ful GOP leaders before the statement was completed. It was Rockefeller, however, who insisted on get tough wording. Whether the governor talk ed with Richard M. Nixon by telephone is not known but some considered it significant the touring former vice presi dent was able to comment so quickly. Nixon was reached in Frankfurt, Germany. Rockefeller knew in ad vance his anti-right statement would be interpreted as an attack on Goldwater and a declaration of his own can didacy. Regional Edition Page 2A Medford1Tribune MEDFORD, OREGON, THURSDAY, JULY 18, 1963 MM o o 0 SUPER MARKET LIMIT RIGHTS RESERVED - FREE DELIVERY Large Crisp Heads LETTUCE ftj)k I peaches I vsl 6 Ears jj L J 'C&tt SUGAR & 'COFFEE "2 5,$ioo 'PEAS - 303 1089 'FLOUR 2-55 veftCS GRADE AA Rat . a SMALL SALMON FRESH CHINOOK Korner Farm The Best Whoel or Half lb. Sliced lb. BOLOGNA UNITED MEAT chunkl 39C lb. sued 49c lb. TASTY BRAND Brand TOP SIRLOIH 01 U9 I vr: u us ooneiesi. wasie-rree. Boned nd Rolled 350 East Pine St.-Phone 664-2733-"A Good Place To Trade" : " -7 BS3I o o 10-6 Sundavs 8-9 Week Days i T-B0NES 98 lb. WIENERS United Meat CTt Tasty 9 3 pkgs. RUMP ROAST S3) lb. Central Point ty
