rhard on Way To U. S. To Meet With President Johnson
V.
f ft
PC
Common Market,
Berlin Situation
Discussion Topics
BONN, Germany (UPD
Chancellor Ludwig Erhard left
today for the United States
where he will assure President
Johnson that the European
Common Market is not turning
isolationist.
Erhard was accompanied by
Foreign Minister Gerhard
Schroeder and other high offt
cials.
Accordini! to official sources
Erhard intends to tell Johnson
he is pleased with the agree
ment reached by the common
market ministers in Brussels
Monday. But the real test of
the decisions taken mere, n,r
hard is understood to believe.
will come during next year's so-
called Kennedy round ot inter
national taritl reduction taws,
Berlin On Agenda
High on the list of items to
be discussed at Johnson's Texas
ranch home, where the meeting
will take place Saturday and
Sunday, will be the situation in
Berlin where the Communists
have for the first time in two
and a half years permitted West
Berlincrs to visit relatives in
the Eastern half.
Erhard had planned a meet
Ing with the late President
Kennedy last month to discuss
policies and get acquainted fol
lowing his taking over from re
tired Chancellor Konrad Ade
nauer in October. But the Pres
ident was assassinated two days
before Erhard's scheduled arri
val in Washington. Johnson
urged him to reschedule the
talks as soon as possible.
Western plans for continued
diplomatic probes with the So
viet Union and the future of
U.S. trade with Europe were
expected to dominate the dis
cussions. West Germany and the Unit
ed Stales approved such probes
at Ihc North Atlantic Treaty
Organization (NATO) council
meeting in Paris 10 days ago.
Need German Approval
But specific German approv
al of Ihe various measures pro
posed for discussion with Mos
cow must now be given, since
most of them directly affect
Gormanv.
They include the establish
ment of military observer posts
on bolh sides of the Iron Cur
lain lo reduce Ihe danger of
surprise ntlack. and any ar
rangement that would concern
Berlin.
Erhard lias said he supports
any U.S. atlcmpl lo discuss
Ihcse issues with the Soviet Un
ion as long as Germany's inter
ests are safeguarded.
Woman Standing
On Roadway Killed
ONTARIO, Ore. (UPD -Mrs.
Minnie Payne, 69, Boise, was
killed Thursday night as she
stood alongside Intcrsale R0
while her husband put tire
chains on their car.
The driver of Ihe other car
was Francis McCoy, Spokane.
Slide Police said Ihe woman's
husband, Benjnmin, 74, was not
hit.
Officers said Ihc woman ap
parently was standing in the
roadway when the other car hit
her during a snow storm.
Investment Funds
Worm quotations on selected
etocki;
Fiinil Bid
Bllllmk 13. M
Clirnm-el Fund Vi xi
rnlohinl Knr t'.' XI
Won Howard Stk . H ii
Kirii'lllV H it
I'linriHiurntal Invent 10 2ft
I -roup See Aero . SRI
(roup Sec Com Stk 13 311
Kevst.-mt B-3 IS A3
Kfvlone B-4 10. S3
KeyMonr K-Ii 3 'J3
KrvMone S-1 Ti fill
KevMone S-2 Ill Al
KfvMonr S-3 13 31
KevMone S-4 4 31
Mn llw Growth Stk S34
National Growth . . S 3H
Stock .. IS D4
United Act-urn 14 nil
l'nited liu-omf lit 33
United Si'leurr 7 OB
Value Line lnc 3 31
Variable S 74
Wellington 14 30
14 SO
13 !!!
13 IB
13 37
1R til
1 1 -R
7 47
14 37
IB 47
II 1H
3 77
21 73
14 Ot
15 71
4 73
II II
n It
20 17
Hi 01
13 47
7 72
3 flit
7 29
13 88
Portland livestock
PORTLAND (CPU VSDA
Wfeklv liveMork
I utile 4"0 t'.ood.moitlv choice
leerf. 2173-22 23. .lenderd-iiic.".!.
Iv good llohlelna IS. eoort-chotoe
heller mrvtlv HI. 20; standard
i owa 13; ranner-rtiller S-I2iit. tut-ter-utility
biillp le.30.iR.io
Cle 30 Utah pond. choice
flauchter t-alvea 28, hlaudard-iuod
16-22.
Il'irp M10 1 and t harrotvi and
Fill. Ift-lt, 23; un R-13
Sheep 230. Feeder laniha mn.l.
I
lower. mdtUy choice wooled
COLOtll
cuoum'
TRUSS
luxutiout
RUPTURE COMFORT
H ltf mrt() m(rilt fffti
pOttMtd tjffiitjfl nMKtJiitt" r
rxj cmfert, Flat fMn fukbtr ft"
pad. Fflddtd l4j ft'ot. N ttti"t
fl)ifid. Cool, oiobt. rtdwob'
Inguinal htritrO. If Hnitft,tMHl,
WISTIRN THRIFT
30 N. Ctntril
f
Xf.
Rogue Valley Edition
Medford
MEDFOHD, OREGON, FRIDAY, DECEMBER 27, 1963
Foreign Briefs
MOUNTAIN CM.MBKKS HELD AT fiUNI'OINT
KATMANDU, Nepal (UPD Two mountain climbers, a Japa
nese and a Sherpa, reported today Ihry were held at gunpoint for
five days by Chinese Communist soldiers at Thakrakot checkpost
in Neapalese territory.
Thry said Ihe Chinese claimed Ihc mountain Ihry were rccon
noilcring Tliakpu was in Chinese-occupied Tibet.
ATTACKING COLOMBIAN INDIANS CROSS BORDER
MARACAIBO, Venezuela (UI'll Indians attacking across Ihe
border from Colombia clashed with police In Ihe Venezuelan
coastal town of Paraguaipoa, it was reported today. Unofficial
sources said three Indians were killed and "several" wounded
In the gunfight.
SWISS TOURIST SHOT BY ISRAELI BORDER PATROL
JERUSALEM, Israel (UPD-llans Pcler 1'rei, a Swiss tourist,
was recovering in a hospital today from a gunshot wound In the
back inflicted by an Israeli border palrol.
Police said I'rei. 27, wandered out of a Jordanian settlement
where he had spent Christmas wilh a ton list group, and strayed
near the burner where he twice
lo halt,
SUSAN HEADS FOR
TOKYO (UPD Typhoon Susan, wilh 155 milc-pcr-hoiir winds,
was reported moving through (he western Pacific towards south
ern Japan today.
The Joint Typhoon Warning Center on Guam said the storm
was located ir7 miles southwest of two Jima early today, moving
northwest at 15 miles per hour.
BRITISH HOUDINI ENGINEERS ESCAPE
LONDON (UPD Terence Cults, (he lloudini of British prisons,
engineered a Christmas day escape his lSlh and still Is at
large, police sources said today.
The 35-ycar-oltl escune artist,
1959, scaled a wall at Brixton
getaway Chrlslmas night at a lime,
liccn slackened, (he sources said.
Cutis, described as "(lie man
seven prison breaks and eight escapes from detention schools.
Stocks Close Week
With Modest Gain;
Chemicals
P 2- STOCKS 2 col
NEW YORK (UPD Stocks
closed with a modest gain to
day. Steels were mixed and most
ly narrow. Chrysler and Gen
eral Motors retreated but Ford
was firm. Chemicals were high
cr with Du Pont up around Hi
and Eastman Kodak and Union
Carbide up fractions.
AVC Corp., which made a ten
der offer which includes Monsan
to Chemical stock, made some
progress. Monsanto also fared
well.
Xerox was higher through
most of Iho session, but turned
near the close and finished
slightly lower.
DOW JONES AVERAGES
NEW YORK (UPD Dow
Jones final slock averages: :i(l
Industrials 7H2.M, up 2.71: 2n
railroads 177.28, up 0.20: 15
utilities i:i8.;i. up o.n. and
ffl slocks 2117.55, up 0.09. Salrs
Friday were annul :i.r million
shares compared wilh 3.7 mil
lion shares Tliursilny.
FnrUy'i prices nn selected
Allied Chemical . ..
Alum C'n Am . . .
Ament-Hii Air Lines .
AincrU'etn I'ttn
Ammcmi Muloi.
AT&T
America,! Tuhncco , ....
AnarniHl Copper . -.
Aiiih'o
Ameiit fin StMiulHid . . .
Aco Corp
Mrndix Cirp . .
Belhleheni Steel .
noeninc Air . .
RruimMt-k . .
(.'lerpillr I'm p ..
Chr lcr Coi p .
Cor coin
S3
I.R'
.14 i
CBS
Colunihia C, . . .
Continent! Cnn
Crown iicllerliach . ...
Ciucihle Strrl
CurtlMi Wrifhl . . ..
IWtw C'henucal
D.I Pont
F.rittnmn KodAk .
Kiresiune
Konl
General DyimniK .
Geneml Klectur
(ieneinl t ontls
l.enpi a I Mot or
timer! Port Cement
2111 ',
...121 J
, lieorRi 1'Mcific . .
Gt Nor Il
Gre hound
I Gulf Oil
I HnmeMnke
inhi Power .
'IBM
l"t Piper
John Mnvlllf
Kenneroll Copper
Lwkhfed Aiuiall
Mhi tin
Men-k
I Motitiina Pn r r
Montcoinerv WhuI .
Nmionul Hiruit
New York Crnlral
I Nm tliei n Natural Gait
Noi Ihei n PacKu- .
Pi- t.a Klec
Penn .1 C.
j Penn nn
Prmanente Cement .
P)iilhpi
t Procter A Gamhle
Radn Corp
Rifhfield Oil .
Saleway
Scam
Shell OH
Soconv Moltl Oil .
Southern Co
southern Puciiic . .
Sperry riiiiid
Standard California
Standard Indiana
Standard N J
Stokelv art Camp
Sun Mine.. .
Te.n C o
Tea Gulf Sulf.ir
Trx Tac laand 'ttu
MI RMW TO M:i)
NKW YOI1K (U.M) - Kthrl
Merman, .Vi, former queen of
Broadway musicals, said l;iy
the will marry actor KmcM
Borgnine. 46, nc.l summer
Page 2-A
reportedly failed to heed orders
SOUTHERN JAPAN
sentenced to 111 years in October,
Prison wilh a rone to make his
when security precautions had
no jail can hold," has made
Higher
Thlokol mi.
1 rns America 40
Trann World Air 28'
Trl Continental ti.
Union Carbide 20'j
Union Pacific .irpj,
United AircrHfl 4;iu
Untied Air Lines 43
US. Plywood (IIP.
U.S. lluhhcr .. ; ". -h
u.s. stcei ; r;i
United Uttlitfpa ;jSB
Went Hunk Corp
WChlJllfillOUSO ... r.3A
We.vpjiiHcti.scr ;t2't
YoiiiirkIdwii 12$
Castro Fair
Committee Seeking
To Quit Business
llv FII.WCIS I.. MrCAKTIIY
l ullril Press liileriinlliiiinl
NEW YORK (UPD-The pro-
Castro Fair Piny for Cuba Coni
millpc (FPFO quietly is seek
ing lo go out ot business, it was
learned lotlay.
In Us stormy 27 months ofi
exislencc, Ihc committee fi-
Maura! ongmaiiy ny inc castro
Cuban delegation to the United !
Nations-has engaged in street
i.iawi!., uccn iiivcMisuico. 05
I ongress, and more recently,
j Kennedy.
Iti-gislialioii llenictl sponsors - self-described as
Suspected presidential assas- "l''1,!,lJ,lnB P"Ple" - set out
I sin. Lee II. Oswald, a self-con- FPrCs alleged purpose "To
fesscd Marxist, idcntilicd him- R,ve a rlcar P'elurc of Cuba as
self lo authorities on his cap- " without Ihe distorted pic
ture as a chapter chairman of ,,"'p as Svcn b' 11,0 American
, FPFC in Now Orleans and Dal- l,rcss-
las. The FPFC claimed he was ; Sources attributed its compar
I never a registered member bill i ativcly brief span of life little
jibe Federal Bureau of lnvesti-! more than two years to mount-
gation dug up correspondence ing anti-Castro American public
I between Oswald and V. T. Lee, opinion, the Washington hear
I the FPFC national chairman. 1 ings and, ultimately the "bad
! Informed sources saitl FPFC publicity" Ihe FPFC got from
began disintegrating even be- disclosure of Oswald's activities
fore the Dallas tragedy. Many in ils behalf.
of ils original 'J!i sponsors Ihe ! At (he peak ot its activity,
i list included Truman C.ipole, : FPFC had a mailing list of
Over-the-Coiinler
Western Stocks
Hv 1 nllrd lmi Inlrrnillnnit
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lltn.r t .,.irir
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drawn
lh hrm light y pe who!
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SVJit- lh ipv whole
Stassen Ponders
Former Minnesota
Governor Claims
Urging by Ike
PHILADELPHIA (UPD-For-mcr
Minnesota Gnv. Harold E.
Stassen said Thursday nifilit he
is considering running lor the
Republican presidential nomina
tion at the urging of lormcr
President Dwight D. Eisenhow
er. Stassen, who had served as
Eisenhower's disarmament ad
visor, said he would decide next
month and that he has con
ferred with Republican leaders
of several states. If he throws
his hat into the ring, he said,
he will make a "vigorous fight
for it," entering some of the
primaries.
Stassen said he was one of
several persons asked by the
former President to consider
entering the GOP presidential
race so that the party can have
the widest possible selection.
Gov. William W. Scranton of
Pennsylvania and U.S. Ambas
sador lo South Viet Nam Henry
Cabot Lodge disclosed recently
they too had been asked to run
by the former President.
One of Several
Stassen said the Republican
platform should be based on the
policies of the Eisenhower ad
ministration and some of the
principles of Ihe late President
John F. Kennedy, such as Ihe
partial ban on nuclear tests and
the civil rights fight. The GOP,
he said, should sponsor modern
izing the United Nations and
further disarmament in foreign
relations and a balanced budget
and full employment at home.
"I'm more interested in get
ling America to move on these
big steps than being a candi
date," he said.
Manson in Morocco
Given to Mrs. Kennedy
PALM BEACH, Fla. (UPD
Princess I a 1 1 a Aicha of Moroc
co paid a two-hour visit with
Mis. John b . Kennedy Thurs
day and presented the former
First Lady wilh a century-old
mansion in the Middle-East re
sort of Marrakcsh.
The mansion was a gift from
King Hassan of Morocco, broth
er of the princess.
Play
Waldo Frank, Carleton Beats,
James Baldwin, Simone do
Ilcauvoir, Jean Paul Sartre,
Norman Mailer. Prof. Robert G.
Coloriny and Iho Rev. Donald
Harringlon, among others had
dropped out one by one.
One of the original .sponsors,
Koncrt Williams, of Raleieh.
N.C., expelled bv the NAACP
for preaching 'violence and
sought bv federal authorities for
. kidnaping, took "political asy
, him" in Communist Cuba.
Public Opitti,, Blame,.
' "lc committee's original
some 6.000 persons with an ac
tive membership of one-fourth
of that tol.il.
: --sr
LMH tOU 14 MONIHU
ttCUVI rTMINtS
J 300 $17.71
500 28 86
800 44.13
1,000 53 89
1,200 63.52
1.500 77 87
PHONl IQt AMOUNT 1 NOT SHOWN
British Press Joins
Investigation of Fire Aboard
LONDON (UPD The British
press and Labor party opposi -
tion demanded a government
inquiry today into the (ire
which burned the Greek cruise
liner Lakonia at sea and took
as many as 155 lives.
The demands came because
the ship sailed from Southamp
ton and most of the passengers
were Britons on a Christmas
cruise into African waters.
Some have charged that the
Lakonia crew panicked and
misbehaved. The captain of the
Lakonia and other passengers
praised the crew.
Capt. Mateos Zarbis, Greek
skipper of the Lakonia, reached
Madrid from the Canary Is-
Text of Appling's
Announcement on
Campaign
SALEM (UPD Following
is the full text of a statement
issued by Secretary of State
Howell Appling Jr., declaring he
would not be a candidate to sue-1
coed himself in office during the
1964 campaign.
"When I was asked to assume
the responsibilities ot the office
of Secretary of State in January
of 1959 I did so conditioned on a
number of pledges: that 1 would
be free to act according to my
own convictions; that I intended
lo administer the office aggress
ively and not simply as a pass
ive minister; and that, if con
firmed by the voters, I would
serve for a total of six years.
"I am now approaching the
fulfillment of those pledges.
"These years of responsibility
have brought many gratifying
opportunities for innovation and
for improvement in the public
Contract Signed
By AGC, Laborers
PORTLAND (UPD - The
Portland chapter of the Associ
alcd Gecnral Contractors and
Ihe Western Washington District
Council of Laborers today sign
ed a 3' i year contract.
A spokesman said the pact
covers about 1,500 workers in
5' j southwest Washington Coun
ties. Counlics involved are Klicki-
!?'', ,Co,wli,z C'ark,' Skam,ania'
Wahkiakum and Ihc southern
portion of Pacific County.
The agreement provides for a
15-ccnt an hour wage increase
on Jan. 1, 1964; 15 cents hourly
on Jan. 1, 1965; 20 cents an hour
on Jan. 1, 1966 and 15 cents an
hour on Jan. 1,1967.
The old contract expired Tues
day midnight and the new one
becomes effective Jan. 1, and
continues through May 31, 1967,
a spokesman said.
The Oregon contract also ex
pired at midnight lucsday. Ic-
gotiations covering Oregon
workers were in the hands of
the Federal Mediation Service,
the spokesman said.
Lindbergh's Daughter
1 Married in France
i DOUZILLAC, France (I'PD-
Annc Spencer Lindbergh. 21-year-old
daughter of American
aviator Charles Lindbergh,
honeymooned at an unknown
hidcawav lodav following her
; secret marriage near here
1 Monday lo a French student.
I Her famed father, 61, was
present when Miss Lindbergh
j wed Jacques Feydi, 21, in Ihc
mayor's office of the tiny vil-
! lage of Dotizillac in the pictur
esque Dorriogne region in thc
I southwest of France,
If You Can Repay $77.87
Monthly You Can Qualify for a
$1,500 Installment Loan
SOI VI THl PtOBLiM of extra njorul
loan from us.
ONI MONTHIY PAYMINT Mk care
consolidate your hills and buying through a convenient in
stallment loan from us. Phona or stop in today.
a-
( XfflOKlL THRIFT
J CORPORATION
Succenori to Doug Gcrew Finance and Oregon Finance
45 South Central Avt. Medford, Or
Jim Pierct, Mgr. Phoni 779-2321
1
: lands today on his way back
: home lo Athens and told news
men that more lives might have
been saved if rescue ships had
gone closer to his burning liner
130 miles from the island of Ma
deira. A revised set of figures is
sued by the Greek Line, which
operated the Lakonia, said 886
persons out of a total of 1,041
survived the tragedy, with 91
known dead and 64 still mis
sing. The line said there were
537 passengers and 349 crew
members aboard.
Thursday Patrick Gordon
Walker, the Labor party's
spokesman on foreign affairs,
presented Prime Minister Sir
Rejection
service. In a period during
which the work load of the of
fice has increased substantially,
better methods have made pos
sible economics totaling nearly
one million dollars. Work in con
nection with the administration
of our state institutions has been
similarly rewarding in terms of
improved program and en
hanced human values or those
in state care.
"I am especially privileged to
hav served under the initial
appointment, and during the ad
ministration, of Gov. Mark Hat
field. He has my respect, my
support, and my gratitude.
"The question now presented
is the seeking in the election
next year of still another four
year term as Secretary of State.
If the queslion were isolated
unto itself the decision would be
easy: few Americans of active
mind and deep concern for the
well being of our slate and na
tion would not be stimulated by
the opportunity and the chal
lenge of being in the main
stream of evolving public af
fairs. "A man, however, is very oft
en the creature of many respon-
sibiliticcs; a responsibility to his ,
f.imilv: (o the education of his!
children; tn himself; and
his
business associates; to his em-
nloves.
"These responsibilities, which ! statistics to show that for turn
f cannot and would not push j over, the trading of shares
aside, must be borne by me. I available for transactions, the
and by me alone. They make I dying year of 1963 ranks well
it impossible for me now to seek down the list.
! another term as Secretary of
State in Ihc election next year.
1 M all, lill'l uuii U, inn ixs inn-,, . , . ,
didate to return to the office: ,av (f . 111
I now hold. 1 shall, of course
discharge the duties of the of
fice vigorously and to the best
of mv abilitv during the remain-
dor of the present term.
This announcement should in
no sense be interpreted as a
turning away from public re
sponsibility in the years that lie
ahead. The people of Oregon
have been most gracious to my
famjiy an( i0 mc, and generous
j jn thc high honor and privilege
' for service they have paid us. I
j snan continue to endeavor to
j rcPav that debt in community
service, in thc work of my po- wnicn u nas Deen snowing mis;
litical party, and in government, year. :
in whatever capacity, to the lim-'j Elmer C. Walzcr, former I'PI
it future circumstances permit financial editor, gave an illus-
mc. (ration of what these differences
"My family and I can never .mean when he compared the
reallv rcpav, nor even adequate- j market break of May. 1962. to
ly acknowledge, the debt we. the crcash of 1929. On the last :
owe the people of Oregon who i Tuesday of May of last year,
granted us this privilege of scrv-1 sfles were 14,750.000 shares. !
ice. thc wonderful people of both isecond only to the 16.410.0.10
political parties throughout Ihc
state who became our friends,
and thc press who gave us fair
ness of treatment in providing
that vital link between thc peo
ple and their elected officials.
We can only be humble and
grateful".
expenses with one large
of everything hl yon
i
i
Republican
Labor Party in Demanding
Alec Douglas-Home with a de-
mand tor a British inquiry into
the tragedy.
"Whatever the technical reg
istration of the ship, the pas
senger were almost wholly Brit
ish and the cruise was or
ganized by agents in Britain,"
Gordon-Walker said.
A large segment of the press
Plans for Logging
Institute Are Made
C0RVALL1S Program plans
have been announced for the
third Oregon Logging Safety In
stitute scheduled Feb. 7 and 8
at Oregon State University.
The institute is being sponsor
ed by the Timber Operator's
Council Inc. and the OSU School
of Forestry. The two-day pro -
gram is designed to give logging
operators the latest information
on accident prevention. Discus- me taxpayers ot 5247.5 million, j
sion leaders will represent in-1 In other words, for every dol- j
dustry and industrial accident . lar spent by the General Ac
insurance companies, j counting Office (GAO), there;
The first day's program will ; was a return in savings of more
cover the need for accident pre-
vention on logging operations
and "causes and cures" of log-1 considerable improvement over
ging accidents. The second day j Ihe previous year when the
will be devoted to the "how" of GAO paid out $48.2 million lo
woods accident prevention. ! produce savings of $162.8 mil
Registration forms will be i lion a return of slightly more
mailed to logging operators by j than tliree-to-onc.
Jan. 10. Additional information ! The latest figures were Con
or registration forms may be j tained in GAO's annual report
obtained by writing the ObU
School ol t orcstry, Corvallis.
Stock Exchange
Trading Figures
In 1963 Impressive
NEW YORK (UPD The New. the market was seven limes big
York Stock Exchange is report- gcr on the basis of shares list
ing some impressive figures oncd, Walzcr noted, and to dupli-
volumc of trading this year, a
big 10-digit number breaking a
34-ycar record.
The old record stock volume
of 1,124,800,410 stood since one
of the wildest years in the long
history of the exchange, 1929.
But old timers, while not dis-
! paraging this year's market ac-
tivity and its recovery from the
slump of mid-1982, can cite
More Shares
Traders and investors today i
lo deal than did those mostly
unfortunate individuals who
were caught up in the swirl of
1929 s hcclic trading.
The turnover this year has
been running at about 15 per
j ecnt; the average of shares list-
ed is
at about the 8 billion ' of first degree assault in con
! nection with a neighborhood
mark
But in 1929, the average num
ber of shares listed was only
about 942 million, about one
eighth of those recorded now
and the per cent of turnover in
lhat hectic year was 119. or
about eight times the rate at
snares irancn uci. nun. nut
This advertisement is not jn cfCr to sell or jn oHer to buy any of theie securities
The offering is made only by the Prospectus.
New
OREGON
Cfces
B. W. Prinstn
WAbaih 6-5527
234 Calapoon
Albany, Oregon
Ellis Bycr
WAbash 6-2618
box 666
Albany, Oregon
Greek Cruise Ship
quickly endorsed this viewpoint. liner Lakonia was in all but
"Whatever inquiry is carried j name a British disaster . . .
out under Greek law, only a j common sense alone therefore
British inquiry can fully satisfy j dictates that there should be a
people in this country," com- j British inquiry into what hap
mented the mass circulation pencd on that grim night and
Daily Mirror. why."
The Daily Mail said in an edi- "The government cannot just
torial: wash its hands of the Lakonia
"The tragic fire in the Greek disaster," the Mai! added,
'Watch Dog Agency
Spent $47.8 Million
To Prevent Waste
WASHINGTON (UPD - The. The 4:-year-old agency Is an
federal "watch dog" agency j arm of Congress and was creat
spent S47.3 million last year to cd to keen a continual and warv
' see that the government wasted
1 as little money as possible. It
1 reported today that its invest -
ment paid off with a saving to
than So.
The five-to-one ratio was
j for the fiscal year that ended
1 last June 30.
cate the big day of 1929. the
sales would have had to reach
112 million shares. '
Turnover Higher
The approximate 15 per cent
turnover this year has been
slightly higher than the 13 per
cent of last year, but as recent
ly as 1955 it was as high as 19
per cent.
In the records dating back to
1900, (his would be far down the
list. Not even 1929 approached
some of the early years of the
century in this respect.
Innocence Voiced
To Murder Charges
SEATTLE (UPD-Jamcs Moi,
Bothcll Thursday pleaded
rf.nl tn Iwn rh .-j i-o-nw nf fn-ct
innocent lo two charges of first
degree murder and two counts
Christmas party shooting Dec.
Moi's attorney, Murray Guter
snn, told Justice Court Judge
Evans D. Manolides he will
probably file a special plea of
temporary insanitv for Moi.
a preliminary hearing was
set for Jan. 11.
Moi is accused of killing Mrs.
Darlene Richardson. 31, and
Robert Connell, 40. and wound-
ing Raymond L. Glenn. 33. and
Mrs. Oma Darrah, 30, all of
Bothcll.
All (our were attending a
Christmas parly at the home of
Mrs. Darrah Dec. 22 when they
, were snot.
FREEZE DRY FOODS, INC.
COMMON STOCK
(Par Value $1 per Share)
Price: $1.00 Per Share
of trie Picsrcctuj "'Jv be cbiarnte) Item
il'e oilicers listed below;
Dr. Robert I. Smith
Plan 3-4119
205 Whilesido Drive
Corvallis, Oregon
Robert H. Mikkclson Herb Smith
WAbash 8-3485 WAbash 6-4291
1435 City View Ple 123 W. Ill Street
Albany, Oregon Albany, Oregon
Race
eye on the spending practices of
, the many federal departments
: and offices.
It employed 4.659 people dur-
ing fiscal 1963 to determine ex
actly how the government spent
$90 billion or so that it collected
from the taxpayers that year.
The GAO turned out hundreds
of reports and audits on hun
dreds of activities and forward
ed them to Congress and the
agencies involved.
The $247.5 million in savings
described in its report was
made up of "refunds, collec
tions, measurable savings,' and
other financial benefits result
ing from the work of the GAO."
Actual refunds totaled $29.1 mil
lion, according to the agency.
Thc GAO's biggest concern
was the Defense Department.
This is by far the biggest fed
eral agency, spending mors
than half of Ihe entire budget.
Among some of the GAO find
ings and subsequent savings
noted in Ihe report:
The Army and Air Force
were spending about $66 million
a year more than they should
on repair and maintenance of
non-combat vehicles because of
practices lhat were "wasteful
and inefficient."
Over a four year perior the
services lost at least $18 million
in unrecoverable overpayment
to military men.
The Army could have saved
as much as $5.7 million in con
tracts on the Redstone and Ju
piter missiles had it bought cer
tain parts directly from a man
ufacturer and supplied them to
the contractor rather than have
the contractor sub-contracl for
the components.
Transporting Forged
Check Brings Arrest
SEATTLE (UPD- Robert G.
Briggs. 25. Seattle, was arrest
ed by Ihc Federal Bureau of In-
. " ' ? " Vf
chcck across lnc S?ashingfon.
. . .... ..
urcgon ooraer early tnis moniii.
The FBI said thc check, tor
$119.75, was one of a large num
ber taken in a burglary of Pa
cific Coast Industries in Amity,
Ore.
Fot Fait,
Efficient Servict
fsttrl t Ship It
lo ei from
: y Oakland, San
rto! , Franciico, Lot Angelei
and Other California
Points
Call '
Jack Filigerald
773-7741
0
any ol
Vcrland Ernlson
WAbash 8-8157
1023 W. 37lh Ave.
Albany, Oregon
Hamilton Griffin
WAbash 8-9142
628 S. Ferry
Albany, Oregon