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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Dec. 18, 1958)
ObsTver, La Grande, Ore., Thurs., Dec. 18, 1958 Page 15 DecemberGenerally Big Month For ig)s Of Wall Street ....... By ELMER C. WALZER UPI Financial Editor ;. NEW YORK (UPI December generally is- the big month for the bulls of Wall Street.' . Seldom in the past has the stock market declined in the last month of the year,- a month of optimis tic reinvestment of interest and dividends, and of optimistic .fore casts for the new year plus 1 a period' when-tax selling comes to ;an end. History shows that De cember has been good for both the industrials and the fails in the .'stock market. It has been the best month for industrials. But the market can decline in December. Last year for example, the' industrial average fell 14.18 points during the month. In 1956 it rose 26.99 points in that period. The 1957 decline was the widest for a December since 1931 and the 1956 gain was the best ever. In the period since the Dow Jones industrial average has been compiled dating back to 1897 .industrials have risen in 44 De cembers and declined in 17. This, says the brokerage firm of Francis . I. 'Du Pont & Co., indi cates the probabilities of 2.59 to 1 that the close in December will exceed the" close for November for industrial shares. Over the past 61 Decembers, the Dow-Jones rails have risen 36 times and declined 25. Man Faces Two Charges HILLSBORO (UPI) A second charge was filed Monday against a deaf mute burned Sunday in a fire and explosion at a house trailer near Tigard. District Attorney. Francis Link later of Washington county said he signed a complaint charging Robert D. Monroe, 35, with as sault with intent- to commit rape. Monroe earlier was charged with assault with a deadly weapon in connection with a knife threat against Donald Wyatt of Silvcrton. .Linklater said the second charge was filed after he talked to the daughter of Mrs. Rila Mount. Mrs... Mount, a deaf mute, also, was burned in the fire. The daughter - told Linklater i she re turned home from a grocery store and found her mother had gone to the house trailer. The daughter said she! called police after hear ing a struggle inside. The fire and explosion followed, apparent ly: after a gas stove was turned on, the district attorney said. Monroe remained under guard in a hospital here. Mrs. Mount is in St; Vincent hospital in Portland. , Portlander Hurt In Gas Explosion, Fire PORTLAND (UPI) James G. Haggerty, 77, escaped with minor burns and cuts early today when a gas explosion and flash fire wrecked his .'home in east Port land; (1835 southeast Oak street. Police and firemen said Hag gerty might have been critically or even fatally injured if he had not been in bed asleep. They said a person standing in the house might have been blown through a window by the blast, which oc curred sortly after 2 a.m. Cause of the blast was not de termined immediately. . Haggerty was taken to Provi dence hospital where his condition later was reported good. . Add To Your KOUDAY FESTIVITIES and PARTIES with . 3lBffff)ttffijTtfEnfc- THICK CREAMY LUSCIOUS 59 Only Qt. AT. YOUR GROCER'S Meadow Gold Distributors 1507 Jefferson WO 3-5714 The longest string of December gains for industrials was the pe rior between 1942 and 195211 straight gains for the month, ranging from 1.45 points for 1945 to 8.58 points for December, 1949. This year, the tax selling that usually hits the market in Novem ber has been light. And the year end dividends smaller than last year. But the dividends have been higher than one would have ex pected on the basis of the decline in earnings of many corporations. The higher payout reflects small er expenditures for most compan ies for expansion and moderuwa tion. The Du Pont firm finds that the big rise in share prices so far this year is one factor against a December rise. "Viewed from fundamental fac tors,", the Du Pont researchers say, "the rise in share prices has increased the priee-times-earnings ratio of the industrial average to the highest level since 1946. "And yields have been material ly reduced so that high-grade bonds now provide a considerably larger return than do junior equi ties. "Accordingly a test of the fur ther upside potentialities in the stock market, which should pro vide a major clue to what's ahead for equity values next year, may be revealed by the ability or in ability of share prices to reflect the strong seasonal factors in the period ahead." A December rise, when it oc curs, usually carries over into January which is one of the four good months for industrial shares. The market usually also has a rise in March of moderate pro portions, a good one in July and August and a big one in Decem ber. : September has been one of the poorer months but this year the market rose in that month. It also gained in October which is a standoff in the record. It is recalled that the industrial average closed 192830 years ago at exactly 300 in the D-J tabula tion. It is not considered beyond the realm of possibility that it could touch an even 600 this Year. But none of the analysts is mak ing that prediction. The general tendency is to wait for a market appraisal of the economy attitude in Washingion. CALENDAR OF EVENTS THURSDAY : 7:30 p.m., Union County Labor Council meeting, Labor temple, 220 & Depot street. - 7:30 p.m., La Grande Farm Bureau at Island City Farm Eur cau hall. Potluck. 8 p.m., Knights of Columbus, Catholic church. ; 8 p.m., Elks lodge, Elks temple. 8 p.m., Eagles lodge,.' Eagles hall. . . FRIDAY 7 p.m., Grande Ropde Bow man, Juniors, Armory. 8 D.m.. Odd Fellows. Odd Fel lows temple. 8 D.m., Grande Ronde Bowman. Adults, Armory. '(i) 1W7 by Rinehort & Companf, inc. XXXVI Katherine felt the knot at her wrists being dragged away be hind her, the fingers pulling it apart; then she was jerked to her feet. She felt the bathing suit hang ing in her nerveless fingers, dan gling loosely as she stared at it, and the stream of sounds solidi-j fled into a black voice that: matched the figure: "Put it on. ... The pain In her scalp was so great that she could scarcely see wnat sue was doing. She lowered the bathing suit, holding it by the straps, stepped into it, and began dragging it up over her straight legs and skinny hips The grip on her hair did not loosen itself, ' . When she had It all the wav up, the second great hand came toward her shoulder and began luening me strap into place. The strops were in place; and before she could make sure, she was oeing dragged on by thelialr She felt the sand growing damper under her bare feet, and then the first shallow blade of water as she stepped on it. The black figure didn't stop; it plunged on, and Katherine could see in the narrow space before her eyes the black shoes sinking down into the water, felt the water up to ner own ankles, then to her knees, then almost to her thighs. And still the black figure stalked on. ; The sudden tingle as a wave splashed against her seemed to make the pain more endurable for an instant. She saw that the black skirt was under water al most . up to where the belt had been. A wave lapped softly ur over her own shoulders. A, then they were no longer walk ing. They stood still for a sec ond. She could not look up at that face. . She gasped when the drag on Strange As Eyes AVTSiMTSD BUT ONLY PiPPESR SO Because TH6 BRIDGE. Of TH& Nose, WHICH SUPPORTS THE. UPPER. UO, is t-ni a V i i. O" AV i Certain Sayings . ACROSS 1 The calls the kettle black 4 Mama loves 8 and toil 12 Cakes and 13 Wing-shaped 14 Sea eagle 15 Walter Raleigh 16 Sorcery 18 Body segments call Italy 34 Keep . 35 Made a home, as a bird 36 Watch 37Horse's gait 39 Hardy heroine 40 -the light fantastic 4X diem' " 42 Here and -j 45 HaVing prickly parts 49 Forgiveness 51 Exist 52 Man's name 20 Removes 21 Chemical su fix 1 22 Fencing sword 53 Cavity 54 Metal 55 Carry (coll.) 50 All's Well thai well ii and glove 26 Greek goddess 27 High mountain ' 30 Girl's name 32 What Romans 57 S-shaped worm DOWN 1 A pretty r 2 Medley 3 Finish 1 1 P I I4 V l1, lT I Is I? I10 i " ij u : - . t rj g H p Z7 Z8.p To : " tr mn T T t m ; ,40. . p , . Tl : T) h D " I'll I I I I I 19 Distributed by HEA Scnrict, Inc. her hair was suddenly released One hand was clamped on either of her shoulders, pushing, push ing. She was sinking down intol the water. Nothing mattered. It was all over. Aunt Millicent had won at the end. She closed her eyes against that flowing greenness. I She felt as if she were going farther away. The water was carrying her. Nothing mattered except the water. But at that instant she felt something against her leg. Some thing had kicked against her. She opened her eyes very slowly and looked down into the1 depths There were the billowing legs of two pairs of trousers, and two pairs of shoes one black pair, one brown beside the pointed black shoes that had been there before. She raised her head slow ly, and realized that there was no longer any drag on her hair, that she wis coming up through the water, out into the air, that someone was supporting ner, holding her up, leading her back toward the beacn witn an arm around her shoulder. And then she was out on the dry again. She stared around her. Aunt Millicent was tnere, witn Dr. Treslove holding her arm in a firm'grip. Mr. Wetherby was bending over, picking up the clothes that had been strewn around the iron table She didn't think that she could stand up by herself, but he came back to her, carrying the clothes. and put his arm around her again Dr. Treslove was still noiaing onto Aunt Millicent, marching her up the slope of the lawn, up nnto the terrace, through the fly- .ng windows and into the house. She was not resisting him; all the horror seemed suddenly to have gone out of that frightening black figure. Mr. . Wetherby held eut the It Seems -fce- ntxez. shrew cm rum Or ft CflLW 6CDT or ,N 1655, P. PROfNSIMS L JY0JNS ftKTlST V.'ftS PftlDS75 ,0 PAINT ft ?;CTuK6 of ft . . RfclLRCftD'S R0UNDHOUS6 YES LSTE2TLIE -the. Picture, in ft Mexico city junks:? loPftV.THE P3;MiNS,"ThS 'lACKfmtNUfi tUTHftNeS.NlHL NKTlONftU GrULERY OF rtKT, OWE OPTH& FiNESl SftSwY WORfCS DFTHE RENOWNED Answer to Previous Puzzle 2H1 TORiX O U A OS II- SIAPgAUU UEIPI& E v J T A L- , (Pl R RIE ' P R AfA I EST4!E A I D -fa Cf A ml E O MO I I I N t TT ElR EITlTlA NJ.S5 tgtj " , , V A t, R L T- c a rep; ai sue an ir E&I'"tioP Eg1 e l ait e w!e r i IpieTkI IwIb-In 4 Adhesive ' 5 Century plant C Hindu religious sect' 7 Wile 8 Fracas " 9 Russian city 10 "The Gloomy Dean" ll'Dregs 17 Fancy 19 Asiatic nation 23 Put in type 24 His and 25 Toward the sheltered side 26 Frenchman's name 27 Every other 28 Falsehoods 29 GiishioES 31 Saltpeters 33 Fall flower 38 Choice ': 40 An instant' 41 Cornbreads 42 Allowance for waste 43 and Leander 44 Give forth 40 To have and to 47 Goddess 48 Lairs 50 That female. bundle of clothes "to' Katherine. and when she seemed unable to make a move of her own, to reach out and take the clothes, even to say anything to him, he led her on across the sand and up the grass. ,, He said. "Are you all right now, my dear?" She nodded, and then leaned her head against his arm. He did not ask 'her if she wanted to dress now. He didn't bother her with questions. , He seemed to understand. Later, she'd have to tell him everything. The windows opened slowly enough that they could get through them without danger. But once inside the house, the noise was doubled, trebled in volume. ' Ct iire ctrnloftil that Mr Wetherby led her straight to the couch, helped her to sit down, and then thinking that she minht hn nhillftrl cnronfl tho Hie carded sun-suit across her lap. sne smnea up ai mm as ne aioou lonkine at her thouchtfully. "I was so frightened. . . ." "I know you were. But it's all right now. Everything's all right. Katherine. Just try to remember that." She nodded up at him, still smiling. He said, "Where's Paul? Ana Amy?" "' Katherine did not answer. He turned away from the couch and started across toward the Itnlnnhnna Ml tttn ntlinr Side Of the room. She watched him go. while tne nouse roorca srounu them, and the waves beyond the windows rolled at the foot of the iron table. - Cha thnuaht rnm f firtablv: MaV- be he'll take me home with him. Maybe we 11 have dinner togetner tonight, and I can talk to Jill. and I might even sleep ai ois house instead of here. tin hari ontten nvpr to the tele phone. He picked up the receiver. and she Heard mm say, -operator, get me the police.". She leaned her wet head back on the couch and closed her eyes. Everything was all right. OUT OUR WAY i"TOLPMIM I WANTEPVOU OLP PAN ALWAYS "J, - .:';., '!-; .' '.' IP EXPLAIN I ( TO SEE THIS FOK. Nl RESEMTEP THEM -'--" IT TO VOU, . V. YOURSELF.' LOOK1T ) GUVS BEIM' MACE I HOPl's TH- NAWN, - BUT NO-- C THAT PEFECT FOREA'EN OVER ' Iin2 AMOS PAKM AV V 1 HE JUST- 1 IM THIS FOR3lkJ'" 1 HIM AN P THAT 5 ' JT , . j I rN. j I I 1 LITTLE MORS 7 JUST ONE WAV, t riOCPLS.TME INVENTOR.' I, rTyrTT S.' this way, V OFSHOwWHia l . HAR-KUMPH.'.rve . l n-fM--X T-S .tsa5 ( ' UV ACTIVITIES IM Js, 'T---S ' V ROBEMAWiMa.' 7 ?EH ALF C A NEEDV ) : ' -id ! r s , FAV.ILV HAsiP- . ts I - V i miinn. V FTr-''W( ,t. W l-?l!S ? T I 1 V 1 r I I li'-. "'.,. ".,: i V. . it U ' 111 1 w ' i 1 i iT--rrf'"- ' , .v THE STORY OP MARTHA WAYNE s By Wilson Scrugg ifpSfMff E WOS IN MV CLASSES "tj f STILL THE OAY A BUSY DAY--A FUNEwJI . fllOSER, I'M SO HAPPY THAT I'M AFRAID SCMgTHlMel t-iikii5tijass WERE COOPERATIVE AMD DRAQ66D JUST If AND A WEDOIN5--BUT I Win. HAPPEU TO intl , -,, -,. mi - ,rA ' KfcCKLfcAND HIS FRIENDS - ' " " " 7MrrHp,Bles ' : C" TMF TlE SHOULD BE "I Pl 1 1 6UE5S YOU CAN'T CALL '-S ifcVl fLLil OU'.MISS Bi.UDfiEOM.' POP VILE.. ASHAMED--'-TRYING ' OM.' )S' THAT ENCOURAGEMENT r I ! ' '"' ' STUMPLE HAS HUM6 SOME ' MAM ' TO' EMC0URA6E. A . AFTFRL V rtHI ." MISTLETOE IN THE HAll. -KISSING Jk ft: CqX' J J ' CAPTAIN EASY Jj .. - '' - ' ' ' " ' ! By LliTrnr - ' TkNOW. BUT THE STATE UMWEKSifyl I MAX NBSBER HA3 INFLUENCE 1 1 SMELL1. THEM YOU'LL LETS QO. KIDS'. HRE' I 't.-J a.r vmX ,s L.OSING A DIRECtOK IN THEIR THERE. HE SAYS JAOTHEP CAN BE IM SCHOOL THERE, I CAPTAIN EASV5 CAR TO .' unrlci iv?KAWA PEPAKWEWr THIS YEAR... . 0ET THW JOB NEKT FALL1. THE TOOt THAT'S WHERE l'HE TAKE U5 TO THE TRMfti ' ALLEY OOP - By V. T. Hamlin'; EiTP" ONLY THE VltAL UNI Its.. I I HOW FAR "dl I KE'W AIN'T WhV MO SURE... AT LEAST '. I f? fl&f I'M SLAP WEATHB REST OF WE TIMS- ' IS ITALY CK V5 CONNA AltEV VOC AND I HAVE. ) " ' ''' . r. Z PONT HAVE TO kMACHINS IS MAPE.UP KK3M f VP SAY S aY? X' WE'VE V VVHAT3 VOUR Z-i "7 ' '' ' ; PM' raSMANTLE ALL Or tTfUf-'F VE CAN VieRErV ABOUT St..vK PLENTY OF HURRY' . - ' . ' ' ' IJHIS EQUIPMENT KCK Uf AKYVVHERE. ; p.r, 'jOO0 'Vg ' ': i BQOT AMD MFP BIJPD'? . ' ' " By t:" : ' Vr ' . 1 1' i 1 1 ujaWth. rV nx?iMII 1 1 th1 "vauw-pow I r ' '' ''L i ' fTTW?.WTW K'M&t'i UT ITCUiB"tL..CeKVi.TV.' . N tvw&Aa.cui kc fL yoo ewuw? itxyjL, pov wcxof who s cojvs? T.M. ft.g. 0.8. Pit. Ol'-lffrf JO& ' l;'J$&0&fp fc ay t tk Utikt.trm. PRISCILLA'S POP . ' .',-''' .'. ' '' Bv AI IrmN( I . . KOH SWE'&S. v- V I (YOU NEEDN'T) "'JUST W, . , v - -I ' -. THE NICEST-' SUE'S BUY HER tl I SO HOME) I A PRESENT FOR rOUR . MOM IN Js SWEET )AMYT-M&,) . V. ... I AND TELL H MOTHER? WHAT TYPE ALL THE Y AND KIND WMART c,A . ' HER WHAT '' vi person! iis SUE? j-r? VWORLD-V -AND'.I - I VI LLL rl&R. twrFs VYou TOLD " ?: : 1, lg 1 BUGS BUNNY ' ,, -.. ;-...., f. r-f: .' . ; v;;'. ' c " xKv;tfikW I cij rtSTJi- 1 buss seeaas toJI Twould you consiper; 1 .y. - l', . uVJffilfa A 43 W&MqH It HE A MOST j 7 hAKINS ON A "S 'wikfl f- , . "7 prAGuVNoajJ ' By J. R. William! OUR BOARDING HOUSE NEVSR THE- KH3HT X ;Vl that AtV OUi With Major HoopU A'.IND THE- VJlND-UFj GIVS- ftVE-l PITCH 1 651 AOKS CLACKED A POTrr IN HSRS THAN A CHINA SAOP'B KcPAiR DEPAPTAtfifjT NOW THE itvWEMTlONl INTERESTED h! 13 A CHAIR Will catapult lcoies cut WKOOvir BUT ILL SNE'tDliv iO SECON05 BEraee I PUSH A l'.v IHT WILL DROPANBTTVtiil M'-'