The Escanaba Daily Press from Escanaba, Michigan • Page 1

ESCANABA DAILY PRESS it it it 49th Mr. No. 254 (Serving Upper Peninsula's Leading Trade Area) ESCANABA, MIC HIGAN THURSDAY, JANUARY 1959 it it 24 Margin Lowered To Spur Trading In Stock Market New Air Force Projects Call For 350 Million ern- new WASHINGTON ment today lowered another anti- inflation margin requirement on stock purchase' after breaking bad on both production and income. Effective today the ederal Ht- Board cut from TO to 50 per rent the margin. or down payment.

required for purchase of sharei on the sluggish The 70 per cent requirement had been in effect for nearly three years The reduction haucd by Keith Funston. president of the New York Stock Exchange, as giving the market a desirable added liquidity that he said would help industry raise new funds for working and expansion. Spurt Other reaction from financial circles was with Mime spe- plant and equipment But their action spoke for itself If such a movement developed, high margin requirements would be standing in the wav of stock issues. Hump Tin board's decision public immediately after two announcements which revealed that business ended 1957 with a harder- than-expected bump. These reports were: 1.

Personal income, the Commerce Department, to a annual rate in December, down more than 2lx billion dollars from November. This was the largest of four successive monthly cutting the income of individuals billion dollars, in annual rate, below all-time high Most of the decline resulted from smaller than usual vearend eia lists sharing fun atoo'I opti- dividends, reflecting corporate mism, others viewing the action having only temporary effects on the market, and still others saying they thought the impact would be negligible. But most of those who commented expressed surprise. First effects were felt on the Pacific Coast Stock Exchange in San Francisco. It was still open when the reserve board action was announced, and prices juried ahead in active trading.

Reserve board officials declined to make any forecasts that the move might help reverse the down trend of business investment in caution and some squeeze on profits. But about 750 million dollars of the drop represented reduced wage and salary payments. 2 Industrial production ragged in December to the lowest since July 1956. when a nationwide steel strike hobbled output. The Federal Reserve index of physical output from mines and factories dipped three points in the month to 136 per cent of the 1947-49 average.

Auto assemblies declined 10 per cent and steel mills further slowed their operations to a rate of 40 pel cent below a year ago. Bob Hope Almost Dumped in Pacific Without Parachute HOLLYWOOD Hope disclosed today that he nearly ejected parachute a B47 jet bomber flying 600 miles an hour at 16.000 feet over the Pacific. TYie incident occurred on his resent tour to entertain Tourists Ask Permits For Outer Space Trips WASHINGTON Del. G. Knight, director of the U.S.

Passport Office in Washington, Wednesday night tourists will be permitted to use colored prints for their official pictures effective Feb. 1 because of numerous complaints that look ugly on passport And in ease interested. Miss Knight said in a speech at a travel forum that she has already received several passport applications for the first trip to outer space. Weather bv Weather Bureau IhiikIm and Associated Press UPPER MICHIGAN: Cloudy wlih occasional snow tonight and Friday; a little coldei Friday. Outlook tor Saturday: Considerable cloudiness with probably a little light snow.

ESCANABA AND VICINITY: Mostly cloudy and a little colder with chance for occasional light snow or snow flurries tonight and Friday; low tonight about 16 high Friday near 24 Winds becoming north to northeast 10 to 20 mph tonight ana Friday. TEMPERATURE Yesterday at noon 24 Today at noon 26 Highest Lowest last night High record this date I94y Low record this date -29 1888 PRECIPITATION 24-hr. to 7 a. m. (inches) trace Accumulated total this mo.

.29 Normal this mo. to date .75 Total Jan. 1 to date .29 Normal Jan. I to date .75 Sunrise tomorrow 8:24 a to. Sunset tomorrow 5:33 p.

m. in the Pacific during the Christmas holidays. only thing that saved me from taking the biggest dive of i my career was a lack of I the comic told a reporter "We were at Yokota air base, outside Tokyo, when a general I asked me to include some lonely soldiers at Guam on our itinerary. 1 flew the jet in advance of our troupe to set up the show, "They sat me in the seat with oxygen mask, crash helmet and parachute. We weren't in the air long before I got to feeling very uneasy, a real claustrophobia.

I see anything but panel of "I started sweating, took off my parachute and then asked the pilot if it were possible to make my seat go up so I could see out the blister. He told me to pull a little lever, similar to the kind on power seats in your car. "1 was a little groggy from lack of sleep and pulled the wrong lever. The pilot, watching me in a mirror, screamed: your hand off was the automatic pilot ejection seat. We were a good 800 miles out the Pacific.

I shudder to think what would have happened if I had given the lever a strong pull and a squeeze. "How could I ever top a finish like WASHINGTON Senate approval was forecast today for a emergency Air Force eonstructUm bill as a House subcommittee followed through on a measure to provide actual funds. A unanimous vote sent to the Senate a bill to authorize IS49.670.000 of new Air Force funds, It includes projects for a start on the third base for intercontinental balli'tic missiles, dispersal of bomber bases, a missile warning system and other Chairman Stennb he will call hearings earlv next week before a Senate armed services subcommittee an effort to hurry the measure Vo the Senate floor. MrKlmy Authority The authorization bill sets up some of the projects for which money would be provided in a $1 200.000.000 missile money bill which House leaders said may come to a vote there next week. The House Defense Appropriations subcommittee has completed hearing! on the money bill and members today substantial approval of the entire amount I "There may be some minor changes here and one subcommittee member told a reporter, "but there will be no major alterations." The Air Force construction bill is the first step in speeded-up defense plans developed to offset Russian progress tn the satellite fields.

Before passing rt, the House adopted a hastily drafted amendment to give Secretary of Defense McElroy specific authority to set up the Advanced Research Projects Agency he wants. TTie money bill would provide 10 million dollars for the agency. I Investigations of the defense situation continued on both sides of the Capitol. The House Armed Services Committee, meeting behind closed doors, recalled McElroy and his top missile experts for further questioning in a broad study expected to continue for several more weeks. The Senate Preparedness subcommittee.

which started earlier in an investigation centered more directly on missiles, is moving to conclude its hearings next week. A subcommittee witness, Dan A. Kimball, former secretary of the Navy and now a missile manufacturer, testified that production could be speeded up if "we should get rid of about three fourths of the people, maybe 90 per cent, in the Defense President Asks Lower Farm Price Supports less Restriction lo Be Placed On Crop Production PRlCfc SfcV IJS CftNTS Higher Tariffs Asked By Ailing Copper Industry ked Ripa and to apn of 4 per may the 24 Ko in ASH II fa rm crops and ti easing of pn special sage Eisenhower laid out what he termed a pi am and said it won ers benefit more from unparalleled ability fo in 14 let "their pro- an tn ly low produe KHI TAPE the main obstacle hi the S. program, according pi Hear Adm I S. ith- ington.

chief nf the bureau of ordnance, pictured at lietroit with the 43. the nrwrst anti-submarine torpedo. told the Kitgineering Society of Detroit that holdup of in the Budget Bureau Interfered with the continuity of the program. (AP Wire- photo) of Bill Proposes State To Improve State Control Of U. S.

2-41; Other Gasoline Prices Highways In U. P. Low temperatures, past 24 hours AIbuquerque 26 Memphis 29 Atlanta 36 Miami 56 Bismarck. 25 Milwaukee 27 Boston 33 Mpls-S. Paul 30 Chicago 30 New Orleans 41 Cleveland 26 New York 31 Denver 24 Okla.

City 24 Des Moines 31 Omaha 24 Detroit 25 Phoenix 40 Fort Worth 28 St. Louis Grand Rapids 18 S. Lake City 24 Helena 40 San Diego 48 Indianapolis 29 S. Francisco 42 Kansas City 32 S. S.

Marie 9 Los Angeles 51 Seattle 46 Louisville 30 Tampa 49 Marquette 24 Traverse City 17 Paw Paw Deputy Foils Jail Break PAW PAW A deputy sheriff aided by a trusty foiled an attempted jail break at the Van Buren County jail Wednesday night. Chester Ertile and trusty Charles Michelich forced Willie Partee back into a cell after he had slugged turnkey Frank Gillete with a homemade blackjack. Ertiie and Michelich rushed to aid when they heard the scuffling. Gillete suffered a cut that required 20 stitches to close. He was delivering a package to Partee when the 28-year-old South Haven convict hit him.

Partee was being held for arraignment in Circuit Court on a charge of first degree murder in the fatal stabbing Jan. 5 of Clarence Ransom, 52. Covert hotel owner. He was transferred to Berrien County jail at St. Joseph.

Upjohn Co. Blast Injures 3 Men KALAMAZOO Damage estimates were revised upward sharply in the explosion and fire vvhicn injured three workmen in a chemical testing shed at the multimillion dollar Upjohn Co. pharmaceutical plant. Dr E. Clifford Upjohn, president, estimated the damage at $299 000 ier making an extensive tour of the plant which burned Wednesday night.

Still sought is cause of the ich for a time threatened a nearby stockpile of 15,000 drums ot explosive solvent material. Flames erupted at about 7 50 p.m. Wednesday night in the shed which houses equipment for processing a benzine solution. A vat lid hurtled through the steel roof and the force of the blast felled two workmen. Alfred Geren, 29.

and William Dykstra. were pulled to safety from the blazing shed by fellow worker Ralph Van Zee. Geren suffered a leg fracture and extreme burns and was reported in critical condition. stra was described in fair condition with extreme burns. Van Zee, 40.

was treated for smoke inhalation. LANSING Bills for vtate control of gasoline prices and to make it a felony to steal an automobile battery were received by the Legislature today. So were proposals to authorize multi-county port districts and to provide sizable increases in unemployment and workmen's compensation benefits. Under a bill filed for introduction Wednesday by Sen. Stanley Novak the State Public vice Commission would be powered to set th gasoline used for motor fuel.

The commission now fixes rates! for services offered by public utilities. Gasoline price fixing was recommended by then Atty. Gen. Thom a Kov ao sr ago following an investigation of the petroleum industry, but Gov. Williams turned thumbs Apparently by coincidence, pe- I troleum companies cut wholesale gasoline prices in Detroit 2.2 cents a gallon Wednesday.

The battery bill, submitted by Sen. Harold M. Ryan would provide the same maximum penalty for stealing a battery that now applies for theft of a heater, radio, tire or wheels from a car. This is five years in prison and a $5.000 fine, i Sen. Carlton Morris mazoo) and six colleagues offered the measure to permit up to five counties to join together in establishment of a port district.

With voter approval, a tax of two mills could levied. Districts also would have bonding authority. The unemployment compensation bill was similar to the plan advocated last year by Gov Williams but which was stopped in committee. Checks would be based on two thirds of a average weekly wage preceding a layoff, plus five per cent for each dependent, with a ceiling of 90 per cent of average weekly earnings. Benefits W'ould be extended from the present 26 to 39 weeks.

Weekly benefits now range from $31 to $55. The bill was filed Sen. Philip Rahoi tD-lron who proposed somewhat similar liberalization of compensation i benefits. Contracts totaung tOT three Upper Peninsula highway piojiX'ts were awarded at a letting in Escanaba. the State Highway Department satd today.

The projects, low bidders and amounts of their bids; Chippewa County A 15-nuie project on 28 to widen the existing 20-foot-wide pavement to 22 feet and resurface it new bi- Ser-! tu mi noun concrete from the west em-' county line east to about miles retail price of of 123. Thornton Construction Hancock, had the low bid of $323.833. Houghton County on U. S. 41 to widen the existing 20- foot-wide to 24 feet and resurface with new' bituminous th miles.

concrete troin about a nuk of Hancock northeast 7.3 Thornton Construction Hancock, was the low bidder at 283 Men on mile-long to pa ven ten The piogiam he id out prospect. too, of eventual tower food costs for consumers. Output Eisenhower told Congress that i agriculture in recent years has experiencing a veritable re- I volution productivity. "Farm production per man-hour doubled since he said. i "There has been more change in agriculture wrthin the lifetime of men now living than in the previous 2.000 years." Eisenhower said the rapid I changes taking place in agriculture are "largely the result of a major breakthrough in agricultural science and con- I stitute a revolution that cannot be reversed, and are continuing "In recognition of this basic he said, we muat find ways of utilizing more completely the abundance that our farm people I are now able to produce; we must finds ways of further expatiding markets for this increased production.

not onlv among our own citizens but among people all over trade minimum. 1 economy of a domestic industry. Foreign Fourteen senators cosponsored Senate bill. Identical measures were sponsored bv House members from copper-producing including Arizona. Montana.

Utah. Nevada, New Mexico. Micl and Tennessee. Rep Udall whose produces about half the mint'd in the nation, said islation would "tend to ba out the competitive now favors the fc who has abnormal tkm costs." He said the cost duction has increa since the 24-cent peril po was set in 1951, However, it would be unwise to set ficlal price so high that in run it would mean market for copper. House sponsors of the copper bills included Rep.

Bennett Mich Peninsula Hard Hit One sponsor of the Senate bill. Sen Potter said copper producers in Upper Peninsula have been hard-hit by foreign competition and would benefit by the legislation. "Our domestic copper mines must survive as a key segment of the economy and as a vital defense Potter said bill holds interference with for- third int price he said, an arti- the long shrinking to County A id on 2 existing 20-foot-wide 24 feet from the Delta-Menominee County line west to the vicinity of Powers. Fox Valley Construction Appleton, had the low bid of $338.339. The State Highway also received bids on behalf of nine Upper Peninsula Alger.

Chippewa, Gogebic, Houghton, l.uce, Mackinac, Menominee, Ontonagon and gravel resurfacing. These ds totaled approximately $188,000. St. Louis Union Claims Vote On Hoffa Aide Phony ST. LOUIS 'IT insurgent faction of St.

Louis Teamsters came within five votes Wednesday night of batting down Harold J. Gibbons, a vice president-elect of the international union and right- hand man of James R. Hoffa. Rivals contended seven of his votes were phony and said they would seek to upset the outcome in the courts. The contest came in an election of officers for Teamsters Joint Council 13.

made up of 21 locals embracing about 41.000 members in the St. Ixmis area. Insurgents won two of the four offices at stake. Gibbons was a candidate for president of the council, a job lu has held appointment of the international since it put the St. Louis unit into trusteeship in 1953.

It was his first test of strength among the rank and file. Each of the 21 locals had 7 votes and when the secret ballots were counted Gibbons had a 76-71 edge over Elmer Gene Walla Auto Sales Drop DETROIT 1 Automotive Reports says in its current issue that 5,828,700 new autoqno biles wore sold in 1957 against in 1956. Ford division topped Chevrolet in retaiJ deliveries TEN NEW 1958 AUTOMOBILES, owned by Summit, N. agency, were in a flood when an iee jam caused the River to overflow at Chatham. N.

J. Dynamiting was planned it the water failed to recede. (AP Wirephoto) president of Local 682 Walla immediately challenged the seven votes cast by Local 447, made up of carnival workers. He contended the local was not entitled to vote because it had not paid its per capita dues to the Council until after nominations for the Council offices were made. The carnival workers local itself is ui trusteeship and Hoffa, president-elect of the Teamsters, is the trustee.

Gibbons had ruled beforehand its ballots would not be counted unless they changed the outcome of the election. "I will go into court to set this election aside." Walla declared. "We had a free and fair election and demonstrated the democratic character of our organization. said Gibbons. Flint Youth Hurt In Driving Mishap Is Awarded $67,500 FLINT Damages of were awarded today to an 18- year-old Flint youth paralyzed after a diving accident in 1956.

Probate Judge Frank L. Mc- Avinchev made the award to Ira Kruse in his case against the Industrial Mutual owner a recreation area at Potter Lake. 20 miles east of Flint. Kruse, who originally sued for $2.088.090, contended he dived into the lake June 21, 1956. and fractured his neck when he struck planks which formed an artificial bottom in the lake.

Witnesses said the youth is paralyzed from the neck down with no chance of recovery as a result of the accident. The suit claimed injuries were aggravated by the mishandling of 1 lifeguards. the world who need the food and clothing we produce in Needed Year In outlining his recommendations. Eisenhower said it was essential that they be accepted this year to improve the of rural people in greatest to aid agricultural adjustment, provide more freedom, expand markets, and. thereby, to help raise farm family income His proposals; 1 Change the 1 annual soil bank program by abandoning Rfxi the costlier short-term acreage reserve and strengthening the longer term conservation reserve.

He proposed 450 million dollars for payments to farmers for retiring cropland of any kind for long periods and putting it to grass, trees or other noncrop uses. 2. Legislation giving the secretary of agriculture discretion to increase acreage planting allotments for wheat, cotton, rice, tobacco and peanuts up to 50 pt'r cent above levels now provided by legal formulas. Such increases be made only if there were a ne idd- iuld provides needed "We cannot allow our strat copper industry to die on the from foreign he ed. "Failure to pass this bill be shortsighted and hazardous Think for a moment of the position of this nation in wartime lacking domestic sources, we are dependent on copper import1 of 500 submarines could pick off those copper ships like sitting Sponsors of the Senate bill, addition to Potter, included n.

McNamara 1 D-Mich No Clue Found In Pacific Crash SAN FRANCISCO -A Civil Aeronautics Board inquiry continues today after failing Wednesday to find even a hint of the reason a Pan American Airways clipper crashed into the Pacific Nov. 8 The big four-engined "Romance of the plunged into the potential markets for the larser a San output. They would be coupled with lower price supports. 3. Legislation eliminating acreage allotments for corn.

This would put corn on the wme basis as other livestock feed grains. 4. Repeal the clauses of present price support laws that supports for wheat, cotton, corn, rice, and peanuts be increased when supplies decline. Secretary of Agriculture Benson has said these clauses would increase supports when present surpluses are disposed of, encourage excessive production and bring on new surpluses. 5.

Legislation to fix the range of possible price supports for wheat, cotton, corn, rice, peanuts, tobacco and dairy products at 60 to 90 per cent of parity. The present range is 75 to 90 Parity is a standard for measuring farm prices declared by law to be fair to farmers relation to their costs. Down Two Cents This proposal calls for repeal of a law requiring that tobacco be supported at 90 per cent of parity when marketing quotas are in effect regardless of the supply. 6. Amend the price support law to base price supports for cotton on the average quality of the crop.

Present law requires use of middling 7s-inch quality, which is below Uie average. This change would put supports for cotton on the same basis with other crops and would tend to lower the supports by more than 2 cents a pound. Present supports are slightly above 28 cents. 7. Legislation increasing the membership of the Advisory Board of thevCommodity Credit Corp.

ciso to Honolulu. All 36 passengers and eight crew members perished, including six persons from Midland. Mich. Testimony Wednesday failtd to bring climactic developments tht CAB said it expected. CAB investigator David L.

Thompson of Santa Monica, Calif, said that all before-flight and flight operations and radiio checks were normal and routine. He said the plane made its requ ed check with weather station No at 5:04 p.m. PST. That was the last word heard from the aircraft. Watches taken from some of the 19 recovered bodies indicated that ne smashed into the water 23 later.

Moscow Will See Elizabeth Taylor, U. S. Secret Weapon' LONDON showman Mike Todd arrived in London by plane today on his way to Moscow with his actress wire Elizabeth Taylor and called her "the best secret weapon "I thought it might be a good idea to show' off Liz to the he said. may undermine their whole structure. "Taking a look at her, 1 should say the best secret weapon That was only explanation of the trip to Russia.

(Please turn lo page col 6 At 7) I TODAY'S CHUCKLE Father: is getti a lot out of college and his college is gt tung a lot out ot.