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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Sept. 11, 1963)
Typhoon Gloria Floodwators Maroon Thousands in Taipei Market Reaches All-Time High During Hectic Trading NEW YORK (UPI) - Stocks smashed through a new all-time high in hectic trading today. After only 30 minutes of trad ing, the Dow Jones industrial average broke the previous rec ord set last Thursday. The fast I WedneKtay'f I stocks: Allied Chemical Alum Co Am American Air Lines American Can American Motors . AT&T American Tnhacco Anaconda Copper ... Armco . .. American mnnrinrd pace oi trie ursi nour 01 iraaing i Benri.x t orn made many a broker recall the early hours of May 28, 1962 when prices sank sharply in what is still remembered on tne street as "Blue Monday." Spencer Chemical shot higher on news it will be acquired by Gulf Oil corporation. Gulf has agreed to purchase all of Spen cer's outstanding shares at $41 each. Du Pont, Allied Chemical; Pfi zer. International Minerals 4 Chemicals and Stauffer a 1 1 racked up good gains. prices on selected Penney J C 4fl DOW JONES AVERAGES NEW YORK (UPI) Dow Jones final stock averages: 30 Industrials 74(1.3-1, up 2.91; 20 railroads 172.76, up 0.67; 15 utilities 143.53, off 0.14. and 65 Mocks 263.21. up 0.78. Sales Wednesday were about 6.67 million shares compared with 5.31 million shares Tuesday. Bethlehem Sleel Boeing Air Brunswick Caterpillar Cnrp Chrybler Corp Cora Cola CBS Columbia Gas Continental Can Crown Zellerhach Crucibte Steel Curtiss WriRht Dow Chemical - Du Pont Eastman Kodak Firestone Ford . . General Dynamics General Electric General Foods ... General Motors General Portland Ccm Georgia Pacitic Grevhound Gulf Oil Homestake Idaho Power IBM. Int Paner Johns Manville Kennecoit Copper Lockheed Aircraft Martin Merck Montgomery Ward National Biscuit New York Central Northern Natural Gas Northern Pacific Pac Gas Elec Hi ' 124' . 2H' ... 4-t'i . 74 .102 ... r.t . 2 .. 4V ,.. S2J4 ... 24 's ... 214 ... SJiTs . 248 . 110' 2 ... 3'j ... A84 ... 37 ... 82 . 4B', . 7fi's 374 Penn RR ! Permanent Cement . Phillips . Pmcier Gamble Ritdin Corp Kuhfirld OH Siifewav .... Scum Shell Oil Socony Moliil Oil Southern Co i Southern Pacifir Sperrv Rand Standard California SlHiidurd Indiana Standard N. J Stokelv Vnn Camp Sun Mines Texas Co I Texas Pacific I .anrt Trust Thiokol Trans America Trans World Air Tri Continental Union Carbide Union Pacific United Aircraft United Air Linen U S PI v wood U S. Rubber .. V S Stcc-1 United Utilities West Bank Corp Wei tine house Youngstown . 20, IT', . 77 . 7(1 'i . 74', . 2!5i . 21 . 54 . T.l . 40". lon'i . 4(H . 44', VI . B2 . 49'1 . SH. 33' . 43'. 3B', . 29 Foreign Briefs NO SURVIVORS SEEN AT SITE OF AIR CRASH NEW DELHI (UPI) An Indian airlines Viscounl jot rarrying 18 persons on a flight lo N'agpur crashed early today about M0 miles south of here. A spokesman said Indian Air Force planes spotted the wreckage but saw no signs of survivors. CASE OF DR. STEPHEN WARD CLOSED LONDON (UPI) The old Bailey Criminal Court settled the record today on the late Dr. Stephen Ward, the society osteopath who figured in the Profumo scandal. The Crown submitted evi dence that Ward died from an overdose of drugs Aug. 3 and the judge ordered the case closed. DEMONSTRATORS FACE CHARGES IN ISRAEL JERUSALEM. Israel (UPI) Zealous Jews arrested while staging religious demonstrations In Christian schools in Jerusa lem, Jaffa and Haifa faced police charges of criminal trespassing today. The demonstrations were carried out Tuesday by an asso ciation of religious students. Army Band Will Arrive Tomorrow The U.S. Army Field band, which will present a public con cert at the Mcdfor High school football stadium at 8 p.m. Thursday, is scheduled to arrive j here at 3 p.m. the same day, I John W. Branch, publicity chair ! man for Medford Jaycces, an nounced today. The band will he escorted from the city limits to Hotel Medford by local police. Mayor James Dunlevy has planned a welcoming creemony in which representatives of the Junior Chamber of Commerce, the National Guard, the U.S. Army and Medford School Dis trict 549C will participate. Mayor Dunlevy will present the band's conductor, Maj. Rob ert Bierly, with a key to the city. The band comer to Medford under auspices of the Junior Chamber of Commerce in co operation with Medford School District 54DC and the Medford Recreation department. 1 ;;: I; J I TO SPEAK Mark Smith, ad ministrator of the civil rights division of the state Bureau of Labor, will visit Medford tomor row for several appearances. He will speak at a noon luncheon at the Jackson House (previously announced for a different loca tion but changed to accommo date a larger attendance than first expected), sponsored by Mayor James Dunlevy. Smith also will attend a meeting of the Medford Human Rights Council in the evening. His visit here is primarily to extend knowledge of the work of his office. Two Accidents Are Reported to Police Two two - vehicle accidents were investigated by Medford police department Tuesday. . Cited for violation of the basic rule was Thomas Raymond Mc Avoy, Eugene, after his vehicle collided with one operated by Ralph Wesley Baumgardncr, Gresham, Ore., at 33 South Riv erside ave. shortly before noon. The other accident, reported about 11 a.m., occurred at North Pacific highway and Table Rock rd., according to city police. Ve hicles involved were operated by Carl Francis McQuigg, 2491 Bar nett rd., and James Franklin Messenger, 10:i7'i Court st. No injuries were reported. TAIPEI, Formosa (UPI) More than 100,000 persons were reported marooned in Taipei to day by rising floodwaters trig gered by Typhoon Gloria, con sidered the worst in the island's history. Authorities feared casualties might run into the thousands. The government ordered more than 10,000 policemen and civil defense workers wearing life jackets to take stranded citi zens aboard rubber rafts and landing barges before high tide tonight. Reports said several were forced to leave their homes in low-lying sections. Reports said Shihmen dam in central Formosa spilled over early this morning and caused authorities to open all flood gates, dumping more than 6,000 cubic feet of water a second into the area's already swollen riv ers. Gloria, the most powerful ty phoon in the Pacific so far this year with center winds up to 140 m.p.h., passed within 55 miles of Taipei and was reported bear ing toward the Chinese main land. Officials said it deluged Taipei with 21 inches of rain in 36 hours. By nightfall, the center winds had decreased to 120 m.p.h., but the typhoon was moving past the island at the unusually slow speed of 6 m.p.h., increasing its destructive capability. At least five persons were re ported killed. They included a mother and child buried in the collapse of their house in sub urban Taipei and three train crewmen swept away by a river after their engine was derailed by the winds. But police were too busy with the threat to compile accurate casualty figures and feared that they might run into the thou sands. Floods in August, 1959, killed, injured or swept away 2,000 persons. At Hsinchu, near Taipei, fierce winds derailed a train early this morning and sent the engine and first car tumbling down an embankment into a raging river, according to au thorities. Two engineers and an assistant were swept away, the reports said. In Keelung Harbor, port city for the capital at the northern end of the island, several ships snapped their anchor cables and were reported floundering. At least one Chinese freighter of 10,000 tons were reported adrift. Police said part of a dike broke near Taipei while several hundred soldiers worked fran tically to reinforce it to save the whole structure. Five thousand families in the area were evacu ated, police said. Gloria dumped 17 inches of rain on the Philippines in four days before it hit Formosa. Thirteen deaths were reported in the mountain resort city of Baguio when two separate land slides triggered by the water and winds crushed one house and swept another into a near by river. Reports from Manila said the sun broke out today for the first time since Saturday. However, strong winds continued to be reported. Rogue Valley Edition Page 2A MEDFORDSiWTRIBUNE . MEDFORD, OREGON, WEDNESDAY, SEPTEMBER 11, 1963 You Specify. . . ....We'll Satisfy LASf.lE Oakland, Sn Francisco, Lot Angelei and Othar California Pointa. Call Jack Filige Lot Motor 9crald. 773-7761 ( Angeles-Seattle M, or Express, Inc. IS POM School for Hard of Hearing Planned The school year will open Monday, Sept. 16, at the Med ford Junior Service League's I kindergarten for the hard of 'hearing, and registrations are now being accepted. Mrs. Norman Jahn, trained teacher in the areas of lip read ing and language development for the hard of hearing and deaf children, will again instruct the classes for children, ages two to six. The kindergarten, sponsored bv the Junior Service League, is located at the corner of Prid- dy st. and McAndrews rd. It will be open from 9 to 11:30 a.m. Monday through Friday. League members have asked anyone wishing additional in formation regarding the school to call Mrs. Jahn at 772-9836. going going... 22a almost gone Don't miss your last chance to save during Rambler's Savingest Days Armored multler and tailpipe, rattle-Ires Single-Unit body construction. Better come in today! See how much you can save on America's best car values during your Rambler dealer's Savingest Days! Join the Trade Parade to RAMBLER 6 V-8 Never before have so many people bought so many Ramblers so fast. Result: While we still have a good selection of factory-fresh 1963 Ramblers, they're going like wildfire. 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