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About Herald and news. (Klamath Falls, Or.) 1942-current | View Entire Issue (Feb. 2, 1961)
MARKETS and FINANCE STOCKS By THE ASSOCIATED PRESS Admiral AJ lndust Allied Ch All is Chal Alcoa Am Airlin Am Can Am Cyan Am W&Fdy Am Motors Am Smell Am Tel & Tel Am Tob Am Viscose Anaconda Armco Stl Atchison Bcndix Beth Steel ' Boeing Air Borden Borg Warn Brunswick ' Burroughs Cal Pack Cdn Pac Cater Trac Celanese Chrysler Cities Svc Con Ed is s Cont Can Crown Zell . Curtiss Wr Decca Rcc Doug Aire Dow Chem duPont East Kod ElPaso NG . . Emer Radio Evans PD Firestone Firstamcr Ford Mot Gen Dynam Gen Elec Gen Fds Gen Motors GTel&El Ga Pac Cp . Goodyear GtASiP Gt No Ry Gt West S Gulf Oil Idaho Pw III Cent Int Bus Mch Int Nick Int Paper Int Tel&Tcl Johns Man ' Kaiser Al Kennecott LibMcNtL Loch Aire Loew's Thca Martin Co Minn M 4 M Monsan Ch Mont Ward Nat Cash R NY Central Nor Pac Pac G&EL Pac T&T Pan AW Air Penn Dix Penney JC Pa RR Pepsi Cola Philco Phill Pet Polaroid PugSdP&L. RCA Rayonier Raytheon Rcpub Stl Reyn Met Richfld Oil Safeway St SIRegPap Schenlcy Scott Pap Sears Rocb Shell Oil Sinclair Socony Sou Pac Spcrry Rd Sid Oil Cal Std Oil NJ Stud Pack Sunray . Sunsh Mn Swift&Co Texaco Thomp RW TidewatOil TimkRBear 4 Transamer Twcnt Cen Un Oil Cal Vn Pac Unit AirLin Unit Aire United Cp . US Plywood US Smelt US Steel Walgreen Warn B Pic West Aulo S ' West UnTel WestgABk Westg El Wheel Stl Wool worth 12 H 4 59 Va 27 75 23 35 45 V4 47 H 51 7n i. 24 70S 44 'A 41 58 36 'A 45 ' 32 Vi 45 23 31 20 , 39 53 69 y 39 14 56 18 34 35 75 108 110 28 12 .13 39 30 69 44 71 75 43 29 58 36 43 50 j 32 36 59 37 641 62 34 64 Vt 62 42 82 12 32 18 79 46 29 74 18 45 81 37 20 32 41 12 50 18 ' 58 198 36 56 10 37 59 49 98 40 38 24 100 55 44 44 44 22 22 . 50 ! 46 7 26 8 46 92 78 24 53 29 46 Mi 46 30 39 43 7, 46 31 84 62 54 37 43 24 48 50 67 ALL QUIET DALLAS. Tex. (UPD-All four kids came back today, but it's still mighty quiet at the home of Mr. nnd Mrs. Larry R. Stratton. Their children, Angela. 5; Pamela 4.95-5.00; Idaho Bakers 5.80; Mm 6: Denlse, 7; and Donna, 9, all nesola North Dakota Red River had their tonsils taken out Tues day. POTATO SHIPMENTS KLAMATH BASIN Seasons 59-60 60-61 Daily Truck. Ore. 4 a Pally Kail, Ore. i 0 D-S! -TiTH-li. Ciiif. . !t Dally Rail, Calif. S 7 Dally Total Ore. & Calif. 21 la Monthly Totul 1441 KM Season Totul 539 4351 WALL STREET NEW YORK 'API The stock market closed higher today as slocks moved to their best levels of the session in heWy trading. Key stocks rose from fractions to a point or so. President Kennedy's anti-recession program, defense orders and the latest missile success helped iv aircraft-missile issues and other 17 stocks. 59 ft' Steel, electronics, some build 114 ling materials and a variety of oth- 74 ler stocks advanced. Motors were! laggard. Volume for the day was est! ! mated at 4.7 million shares com in.ji.oH u-itr. A w mi nn weanes- day. Gains of fractions to about a noint among key stocks out weighed losers. Most aircraft missile rocketi shares, steels, airlines, drugs, oils and coppers were on the upside The market was on the upbeat when President Kennedy gave Congress a sweeping anti-reces sion program Associated with the success of the Minuleman missile shoot, Thi- okol added about 2 and Boeing a fraction. Motors werd irregular, Chrysler holding steady while Ford lost a fraction. U.S. government bono prices turned upward. Corporates showed strength most sections. LIVESTOCK PORTLAND (AP) - USDA- Cattle salable 100; steady on lim itcd offerings; load mixed good and choice 1177 lb slaughter steers, 25.00, with few head start ed out at 23.00; small lot stand aid and low-good 833 lb slaughter heifers, 21.00; low utility dairy bred cows, 13.25-14.50; canncrs and cutters, 11.00-13.00; cutter and utility bulls. 1200-1500 lbs, 16.75-19.00; for the week salable 1700, choice slaughter steers about steady to 25 cents higher, other slaughter steers and heifers steady to weak, cows steady to 50 cents higher, other classes steady. Calves salable 25; hardly enough for trade test; occasional utility standard and good vcalcrl and slaughter calves ranging from 19.00 to 26.00; for the week salable 250; vcalers and slaughter calves steady to one dollar higher; Block er calvos scarce, steady. Hogs salable 100; steady, small lots U. S. 1 and 2, 188-232 lbs, 10.50-20.00; few No. 1, 20.25; sal able for the week 1900; barrows and gilts mostly steady, sows steady to 50 cents higher. Sheep salable 100; small lots slaughter lambs steady; other classes scarce; few small lots mostly choice woolcd and shorn slaughter lambs 17.75-18.25; for the week salable 1350: slaughter and feeder lambs steady to 25 cents higher, other classes scarce, steady. STOCKTON (UP1- FSMNS) -Livestock; Cattle salable 25; hogs salable; 50; calves and sheep salable none. No price tests. GRAINS CHICAGO (AP- Prev. High Low Close close 2.15 2.14 2.14 2.14 2.15 2.13 2.14 2.13 1.95 1.94 1.94 1.94V4 1.98 1.95 1.07'i 1.06 2.03 2.02 2.03 2.02 Whcat Mar May Jiy Sep Dec Corn Mar May 1.15's l.U'i 1.15H 1.14'i 1.19'. 1.19'i t.19'4 1.19 Uly 1.23'i 1.24'i 1.22'! 1.23 1.23'i 1.21 1.23-H 1.22i Sep Dec Oals Mar May Jly Sep Dec Rye Mar May Jiy 1.241-. 1.2.1'i 1.22 1.21V4 .67 'i .69'j .71 ,73i .75T .66' t .68H ,69'i ,72" .74 1 j .67 .69 'i ,70'i ,72-'4 ,75i .66H .69H .714 .74 1,22', 1.21 1.21 1.21'i 1.27 1.2-t', i.25'4 1.25V4 1.30 1.27'b 1.2fl' 1.28 l.32"4 1.30'j 1.30'i 1.31 Sep Soybeans Mnr May Jly l.T0 2.64'i 2 65 2.66 1 2.74s4 2.68V4 2.6!li 2.70'v 2.77'4 2.70-n 2.72 2.714 2.404 2.38'i 2.39-H 2.394 2.30'j 2.284 2.294 2.29Mi 2.34'i 2.324 2.334 2.33'i Sep Nov Jan POTATOES S AN FRANCISCO IUP1- FSMNS) Potatoes unchanged. LOS ANGELES (UPI FSMNSI No Oregon potato sales. CHICAGO (API - Potatoes ar rivals 46; on track 180; total U.S. shipments 538; supply moderate: nemand good; market firm; car lot track sales: Idaho tiusscts Valley Round Reds, mostly Pon liac type 2.50-2.70. Seedlings Survive CORVALL1S (AP) - Older tree seedlings survive heller in Southern Oregon reforestation projects, tlx Oregon Forest lie-; search Center reports. A study by R. K. Herman showed that 60 per cent of the Iwo-year-old Douglas fir seedlings survived. The survival rate for three-year-old seedlings was per cent. 75 PAGE 4-A HERALD AND President Insurance FH A Interest Cut WASHINGTON IAPi Without wailing lor congress to aci u u ... anti-recession program premflcnu Kennedy has moved fronts to spur the lagging econ omy and relieve hardship. At a news conference Wednes day, Kennedy ruled out any tax cut at this time as a means dealing with the slump. But he announced he has taken these Economic (Continued from Page 1) from the substantial funds that have been accumulated." ' Kennedy's promise that he would come back to Congress in 75 days "if these measures prove to be Inadequate" could imply a request for a temporary income tax reduction. His task force on economic pol icy, headed by Dr. Paul Samuel son of Massachusetts Institute of Technology, urged such a course if unemployment reached 7.5 per cent of the labor force. The January unemployment fig ure released today represented 6.6 per cent, after allowance for sea sonal factors. This was a slight improvement from December's! 6.8 per cent, and Kennedy has stated that conditions do not now warrant tax reduction as an eco nomic pump-primer. The message contained Hints that the Federal Reserve Board and the Treasury have reached agreement on policies to be pur sued iointlv to help reduce the U.S. deficit in international pay ments. This is a touchy problem for a lowering of short-term borrow ing rales desirable to combat re cessiontends to send capital oui of the country to foreign markets where interest rates are higher. Kennedy said he would describe the new government plans in a balance-cf-paymcnts message to Congress shortly. Kennedy said, "We cannot ex pect to make good in a day or even a year the accumulated de ficiencies of several years. City Briefs MIIS. M, E. ROBINSON is re cuperating from a skiing accident which occurred Dec. 10. LARRY C. HICATON, Army second lieutenant, son of Mr. and Mrs. Charles C. Hcalon, 4012 Homcdale Road, completed the 12-weck field artillery officer ori entation course at Fort Sill, Okla., Jan. 20. He was graduated in 1956 from Klamath Union High School and in I960 from Oregon Stale College. Proposal Would Alter Vehicle Revenue Usage SALEM (API An allempt loiposal. the way also would be open ocrmit use of gasoline taxes and for lowing of property taxes on mo(ol. vc,it.c mense fees (or highway purposes was launchud in the Oregon Legislature today. Son. Vernon Cook, D-Troiildalc, introduced njiroposcd constitution- al amendment that would remove the restriction that taxes on mo tor vehicles and gasoline can be used only for highway construc tion and maintenance and slate parks. That restriction was put into Ihe constitution who the voters ap proved an initiative measure in 19-12. Cook is a member of the Senate Taxation Committee. But t h e chairman of that committee, Sen. Ben Musa, D-The Dalles, said he strongly opposes Cook's measure. "The only way we can have good roads Is to keep on using motor vehicle and gas tax reven- lues exclusively (or highways. Some other stales arc using those revenues (or general gov ernment, nnd their roads are In a mess." Musa said. If Ihe legislature and the peo ple did approve of the Cook pro- OBITUARIES KLAMATH TOWNIINO EKVIN HARPY lOANSENO. I', natlva m Fain fof tnra. month., alto iwraln Faoroary i. mi Survivor inciiKM daiK,s.g ervin l.. Nor.rt Manko.a. Mmnatoia; men Irom living with unrelated r;rd ?erMiK';r-wwn who on '"" n iwaoiy granrttniMron. ia grMi-araKKrii.bill makes it a misdemeanor for, titan Funarai larvica tl ba anrtouhcad . , , .. . . by Warm Klamath funarai Moma. mfn 10 d0 'hat. but such men 0.K0S1ITT " ; VEIVA. DttN XKOSSITT M OaklWomen. :T...-'Jri '?'t;0 Eymann intrcxluced a memorial ban DaRoaiitt. Funarai tarykai will mI praising President Kennedy for rrrrr'Vu'r.r'. "cl" ot Howard' Mor.l n'.Ktt ,n ba ham at o m m Ku-i- gan of Oreson as a member of ith Mamorlal Park. OakrkM Fvnaral Dl.j(l t'J..l r 1 Itaciofi w charja. tne federal Power Commission. 1 NEWS, Klamath Falls, Or Orders Payoff, i steps designed to brighten ,ho F.wu... " .u.mli.,.n. rfivitWt. will he naidarea- one vear aS " was .More man a-tou iiiuiiun ... w... out this winter instead of spread - .h. through th - "'n ""- r"j" o year as planned originally. The maximum interest rate on ofFHA - insured mortgages is being cut. The reduction is irom an per cent to 5'a in a move to encour age home buying and building. An experimental stamp plan to provide free food for the needy is beini! out into effect in some areas of the worst chronic unem plovmcnt. Kennedy took these actions un der executive authority in ad vance of sending to Congress to day an economic recovery pro gram which will require approval by the legislators belore it can At his second session with news men since taking office, the new President volunteered these an nouncements at the start of the conference. He also disclosed he has repealed former President; Dwight D. Eisenhower's contro versial order culling back the number of dependents living over- 'seas with servicemen. Eisenhower issued the order in a move to re duce expenditure of dollars abroad. Kennedy said the repeal "does not imply any weakening of our determination to protect the value of the dollar." He added, "It is the judgment of the Defense De partment thai other sayings can be made which will be more satis factory to us" and at the same lime maintain morale in the armed forces. Klamath's Solons Ask Two Judges A bill was introduced in the Oregon State Senate Thursday morning which would give Klam ath County a second circuit judge The bill was sponsored by State Senator Harry Boivin and rcpre George Flilcralt. ... , , n ... ni Klamath County Circuit Judge David R. Vandenbcrg was enthus iastic about the bill. "There has been a need for a second judge here for a long lime," Judge Vandenbcrg said. "Our case loan is staggering, mis is a good bill and I hope it pass- cs- A new courthouse addition pro- posed for Ihe county will provide a second circuit courtroom. non-'cars and trucks, with lhis reven tie used for the support of county and local government. Rep. W. H. Holmslrom. D Astoria, chairman of the House Highway Committee, said- he op- poses the Cook measure because' it would open up the Highway Commission's revenues to attempt ed raids by anyone who wanted some state money. Holmstrom said the Highway Commission lias done a good job, and needs all the money it can got. ltcp. Richard Kymann, D-Mo-I hawk, Chairman of the House Tax-! ation Committee, predicted proposal would die. Rep. Bill Bradley, D-Grcsham, introduced the Oregon AFL-CIO bill lo make it illegal for any person to recruit, supply or re fer any individual for employment in a strike-bound plant, if that person has no direct interest. This bill, being introduced by the AFL-CIO in many stale legis latures, is an outgrowth of the Portland newspaper strike. The Senate Judiciary Commit lee introduced a resolution to cre-l ale nn interim committee which would investigate all laws relat ing to marriage and divorce. This studv would be made in Ihe next two years. 1 And the Senate Public lle.illh Welfare Committee sponsored pleasure aimed at preventing! (would nave delense it they con l.'lhllleH tn thr .llttnrtt-l nf Iho' Thursday, February 2, 1961 Mills Indicate More Hiring During March Employment continued to drop steadily during January w ith very few new job openings to offset lay offs in the lumber industry. Job openings listed with the local em ployment service were 60 per cent below those listed during January, 10. unemployment ot 14. J per cent js nol unusua ( January in lhis !' " " jcent and three years ago it stood at 17.7 per cent. While the fig ures indicate a, situation which is not unusual in January, we find that unemployment remained high all through 1960 with increase starting in July, I960. As a result of this prolonged period of scar city of jobs we had many work ors who were forced to draw out all the unemployment benefits they were entitled to before spring work opens up. There is some indication that sawmills will begin calling back some of their regular workers dur ing wren. Viry little improve ment is expected during Fcbru ary. The Klamath Falls employment office is receiving many letters from workers in other states in quiring about jobs in this area. The local office cannot give them any encouragement about doming here, although many of them are highly skilled and have good work histories. Many people have also arrived here within the last few months hoping to get established in this area. Unemployment claims are being processed through this office I for over 30 states at the present) lime. Over 200 individuals made unemployment claims reports to the Sprague River and Chiloquin other states during the last weekljustice of the peace courts under of January. Twelve hundred wereiJustice Walter Zimmerman of reporting on Oregon. City School Down, County Increases The number of youngsters age 4 through 19 in the city elemen tary district has dropped slightly since the fall of 1958, but has in creased considerably in the coun ty school district. ITheft Trial Continuing Botn sicles l'ccc'vt!(l setbacks Wednesday afternoon in Ihe rob- ,.,', . i,.,j a Thmc bcry trial of Linwood A. Thomas, 26-year-old Kingsley Field airman. The state's case, which is based almost entirely on circumstantial evidence, received a blow when two city police officers couldn't!6.130 compared to 5,472 average aR1.ce on how many $5 bils wcr(! (ound , Tnomas- jat.ket pocket on Jan. 5, Ihe night of the rob- bc,.y of ooldy's Cash Grocery, 2352 shi)s(a Way j Detective Sgl. Dennis W. Lilly had said there were seven $5 bills in the pocket but Patrolman El ivin Bianconi said he had counted 'six bills. A copy of Bianconi's of- ficia! report, written the night 01 ine rooDery, usieo seven bills. Four airmen who had seen Thomas on Jan. 5 testified Wed- nncHav nnH Thtircrlav mnrnintf j " - j o- .irman Pnnl Riiecf,! u-lm u-nrknrf - - - . ., , n- , , . .- ai ine Kingsicy tma rm siauon wilh Thomas, said he last saw. Thomas at 2:45 or 3 p.m. on Jan.' 5. Thomas had told police he was ..-ill. D...-..nt. J... nn tnn At-nniMft with Russell during the evening. He had also said that he was in Oxnard, Calif, on Jan. 5 but other airmen testified they had seen him during the day at tht Thursday morning, Mrs, Vesln L. Stiles, owner of Tucker's Fast Side Grocerv. 902 East Main Street, and Mrs. Margaret E. Campbell testified about a Jan. 5 rohberv attempt at that store. Neither woman was very clear as ll,n:tn ,,U..i U..J n.,!,i.,ll rinMnnnrl .it!iu n,ti iiritt cttvutinj t'J-. and neither could offer a good , , , description of the robber or hisl'nlo 'heir liunks and then quirt car. lit into their mouths. Mortgage LOANS for Looking for monty o Nvro? Commonwealth often morijafc loan on home, commercial and induMml properly, ipariment and projects for wnior citizens. NVe rcpreent 17 insurance companies, eastern sav ing banks and oetiiion funJ.We have the money, termt and rales o nwl your requirements. Quick, eftiewnt, courteous nke. Comact our neareM onVe: Commonwcaith, Inc. 200 tajutlaM lniMlnf. 4tl S. W. lh .., Pardintl 19S libarty Srraal, S. Salant , 1111 Vnta AfV taH, Malta ! i - .1 'I .... K:;:pm A DIAMOND JUBILEE cake highlighted 75th Anniver sary activities at the local Sears, Roebuck and Company store, Seventh and Klamath, Wednesday night. .Here, Mayor Robert Veatch, right, cuts a slice of the special cake baked from an 1885 rucipe, the year that the Sears organization began. Manager C, E. "Chuck" Burman looks on. Mrs. Elizabeth Clary, 125 Laguna Street, was fhe winner of a nine-sixteenths carat diamond ring valued at $312, Over 1,000 persons visited the store during open house from 6 to 9 p.m. . Court Consolidation Is Begun In Klamath Tne Klamath County C o u r ti moved Wednesday to consolidate Ichiloquin Population Results of the biennial census were icieasec recently ny oui- cials of both school districts. A total of 5,255 were counted in the city school district com pared to a total of 5,497 two years previously. In the county district, 9,862 youngsters were counted last fall compared to 9,576 in the fall of 1958. I : But average daily membership, another means of counting stu dents and one. more immediate ly of concern lo school officials, compared differently, especially in the county district. Average membership in county schools at the end of 1960 was membership during 1958. In ine city elementary district, the fig ures were 2.495 at the end of last year and 2.641 during 1950. In the Klamath Union High School District, average daily membership at the end of the year was 1,760 compared to 1,662, Wednesday after she was accused l"ls in 1958. ', j . ,. Even large chain stores with - The census is required in every schoo. ms,,.ict eve,.v two vears From the census budgcters figure the amount needed for the slate basic school support fund. The ... . , mnnev is nnnnrhnnpri on hasls of i . -,' , l- jisaid Mrs. Kellcy had come to DvnraKn Hailv rifmhnrhin anil . . 1 ,u average ..any .i.e.. iul-i snip a .. u -.1 uti L-r idciuis. Average daily membership dif- eiJ Vrs Ke ev a eeedlv wen , " 7 ,t anvm,sln cam': , Jl , -, atend.,d' s- fZ? 'topb.gn using the newspaper and, T, ,,.', ini,i .n.ail"": . f"" " cosmeiic , . cnrolmcnt and lhe latter! ' actual daily attendance. The uneven population develop- me . pa. c in ,n tne cy compa.ea " ""I -ZL )" ! " say school officials. Among the reasons is activa- tion of Kingsley Field in the coun ly nrea and the movement of population to the suburbs. Elephants dc not drink through - , rri . . 1. ...niAU ... The ' Sprague River court has been without a justice since Dale B. (Snuffy) Smith was killed in an auto accident Dec. 11. The county court, in a letter to Gov. Mark O. Hatfield, said the main reason for consolidation was thatlchase. The merchant there stamps a qualified person with legal back-1 the ticket, ground was not available to pre- when the customer returns to side over the Sprague River Dis- the lot, he Sives the ticket tol trict. Residents of Bly, Beatly and Sprague River had, in December, presented a petition to the county court asking that the Sprague Riv er District not be abolished. The county court said the $3,000 re - nuired kccD ju,.ipe Mlirl open to handle 40 small claims last year was not warranted. The county court also said there were no civil actions in Sprague River court last year and no "not guilty" pleas on traffic violations. The county court reasoned, there fore, that traffic violators could mail their fines to Chiloquin or Klamath County District Court inj Klamath Falls. The county court, further said there would be no change in the issuance of misde meanor warrants or sheriff's de partment coverage as a result ofj the consolidation of districts. Sign Complaint Against Woman A disorderly conduct complaint was signed against Mrs. Zonajcnth Street through the Link Riv Jean Kellev. 32. Route 3. lateier end f the city with parking . ,.p,h iu...:tu. ' absentee owners are expected to1 SSES" front of ""ter" 10 the Mrs. Muriel Healh and hcr daughter, Mrs. Andree Dcnice, 1 iatit.il, luiiimcJlllL'l. a .. . aui-11, luiiimoni-u auer tnev ,i.;r illieir house and demanded the h.. i ti-u 11 , IfPVC In a .-111- Uhnn lk, hnnlnl cases out into the street. Thenlthe public with the plan snc is said 10 nave jumped on them and scattered broken cos- mctic jars around. W SITLI. Super Kern-Tone Gallons $6.59 $5.25 Super Kern-Tone Quarts $2.15 ...".....$1.70 Kem-Glo Gallons $9 69 $775 Kem-Glo Quarts $2.90.'.". $2.30 Kem-Glo Pints $1 .70 $1.35 Knotty But Nict 34x8 and 34x10 Bevel Cedor Siding $50.00 M 14x4x8 V-Groore Prefinished Mahog. Ponels $4 50 ea. SPECIAL-Pine 2x4's Good Quality $50.00 M Theie Special Items Can Be Added To Your BILD-A-COUNT Your BASIN BUILDING MATERIALS 4784 South 6th Park And Shop Program Set To Begin By NORM CARDOZA During a luncheon meeting of The Klamath Merchants Associ- the Klamath Merchants Associa .. , . u:,;.. ..,,, tnltion in the Pelican Cafe Wednes- rTu zP tne7ow;:oVn'day merchanu heard a report f business'core is expected to get t e first year , . opera ion , c the underway April 1 with opening of a Park and Shop Corporation parking lot where the old Pell- can Theater stood. The lot will accommodate an estimated 75 cars and adjacent property will be available for about 35 more if the space is needed, said a corporation stock holder. An undisclosed dumber df other parking lots bearing Park . and Shop endorsement may be ready then, too, the merchants say. Meanwhile negotiations are con tinuing for other property the corporation stockholders hope to rent or buy for strategically locat ed parking lots. ' If the plan works, tne paining system will(grow until parking fa cilities are deemed sufficient and traffic congestion in the downtown area is eased. Ideally, say merchants, every block in the shopping area, no matter how small, should have a parking area or two. No such plans are firm here, however. Stockholders have plenty of pre cedent on which to base cenfidence that the plan will work. The idea . . .. n , onginaled in tne fcast and spread ouicklv all over the nation. Medford s Park and Shop system i completed a year of operation last August, and Portland s got under way recently. The system works this way: A customer gets free parking ifj he buys merchandise at one of the participating merchants store. He drives into the parking lot and receives a ticket. from the attendant. He takes the ticket to the slnre where he makes a nur- the attendant. The merchant is charged an hourly rate that ac- crues to tne park ana snop tor- P01'"1""1- The corporation is designed to be profitable for stockholders, ! but it is even more a civic im provement venture. Many, but not all, of the stockholders are down- town businessmen or landlords. Stockholders number in the vi cinity of 30, one member said. And the corporation is seeking others. Sought in particular arc landlords who rent property to businessmen, though anyone may purchase stock. A healthy business district is to the landlords' advantage, say corporation officials. . Adequate parking facilities are an asset that help assure value of down town property Tknt nnnn;k;K... :n ,i : , ., u,C aiiuiuiuft uian i n e rnercnanis thev add. since DarticiDatine mer. mama iniov j.djr .ui unliving ...lie. Corporation members hope to upti. wan ou participating mer chants and they hope eventually to cover the hnsine. Hktripl nl lcast from the vicinity of Elev- Corporation officials believe the system may develop popularity rathpr (ndu Tlii public must be educated in mechanics of the plan, they state. They are plan-i 1 J 3 : , ... various other media to acquaint Each stockholder is assessed a monthlv fee for advertising and promotion. PECIAL KEM PRODUCTS CLOSE-OUT! (Quantities Limited) Reg. Dufcfi Boy Point Dealer April 1 Medford Park and Shop system. There, the system gained slowly, then blossomed in popularity- io alleviale a critical parking short age and downtown traffic conges lion. More specifically, ' Medford stockholders and merchants and- those nationwide have found that Ihe plan has halted a movement lo the suburbs of professional of fices, services and other secon dary business district enterprise. The system has encouraged off- street parking and lias added sub stantial to foot traffic in Hie business core very important lo health of a business district. Police Arrest Brush Salesman A 51-year-old brush salesman was arrested Wednesday night and charged with a violation of ,,the city's Green River Ordinance, ' which prohibits door-to-door solic iting. Delmer Roy Gray, 1235 Adams Street, was arrested after a com plaint by Mrs. Jim Howard Hess, 203 Roosevelt Street. She said .llfl,..,,, tin1 nnmo in hai- hftuca ti-itk ""j - - ""- out her permission ana at least four other people in tne same neighborhood said they also had been contacted. Gray told police he worked for Norman Paup, 2011 Wantland Street. He said he didn't know that he needed peoples' permis sion to contact them and leave catalogues and free gifts. He posted $50 bail and Thurs day morning in municipal court he asked for time to consult an attorney. Driver Hurl AUX in Mbbiucni A young man from Men.m uav ! taken to Klamath Vallev HosDilal early Thursday morning with a possible back injury after the car in which he was riding went out of control at the Malin-Tulelake Junction. William Ranson, 19, was report ed "doing fine" Thursday morn ing. X-rays were being taken to determine the full extent of his injuries. The young man was injured when a car driven by Duane War-' ren Johnson, 20, Route 1, appar ently hit a slick spot on Highway 39 and went out of control. Stale police officers, who investigated, said the vehicle veered into (he southbound lane, went into the ditch, traveled about 98 feet and e (o on te road shou der. They said the car appeared to be a total wreck. A traffic accident in Klamalh pajs Wednesday afternoon in volved a car and a street sweep er. City police said a car driven hy Antonio Vido, 58, 1410 Nimitz Street, apparently overran the sweeper, driven by Lawrence Al bert Hoppe, 43, 1420 Summers Lane, from the rear. LET Y0UK DOLLAR EARN INTEREST EVERY DAY AT 8 522 S. W. Bffh Awi Portland, Or.f). CA 8-21 W Orsgen Rt-tMentt Onty ! I I M CLOSE-OUT Phon TU 2-2S63 o
