The Bend Bulletin, Thursday, March 3, 1955
Here and There
A boy was born Wednesday at
St. Charles Memorial hospital to
Mr. and Mrs. John Cantrel), 940
E. Greenwood avenue. The baby
weighed 8 pounds, 7 ounces, and
has been named Gary Lee.
A drivers license examiner will
be on duty in Bend Friday, March
4, from 9 a.m. to 5 p.m. at the
branch office of the Secretary of
State, 345 E. 3rd street.
Daniel R. Bucknum, son of Mr.
Peden Services
Due on Friday
Funeral, services will be held
Friday at 3 p.m. at First Baptist
church in Redmond for Mrs.
Charles Z. Peden Sr., 66, who died
Tueday evening at her home, fol
lowing an illness. She is survived
by her husband, 14 children, 28
, grandchildren, one brother and six
sisters.
Rev. Wolford Wawes will offici
ate at the rites, and burial will be
in the Redmond cemetery.
Mt. Hood Area
Gets New Snow
Twelve inches of sn v fell last
right at Government Camp on the
ro'i e into Portland, and motorists
crossing the summit found it nec
essary to use cha'ns. RoadMclc
depth there was 130 inches this
morning, and heavy snow was fall-inc..
Chains were also required on the
Santiam, where four inches of
snow fell in the night and the
roadside dentil mounted to 121
inches. Light snow was reported
from the Willamette, with 84
. inches measured at roadside at the
summit Motorists were advised
to carry chains.
Light snow was reported from
other areas, including Chomult,
where there were spots of ice
and LaPine. The pavement was
bare at Brothers, on the Central
Oregon highway.
and Mrs. E. M. Bucknum, 45 New
port avenue, will . be a chorus
member for the forthcoming pro
duction of the opera, "Lakme,"
March 9-12 at Brigham Young Uni
versity, Provo, Utah. Last fall, he
participated in the fall tour of the
opera workshop. He is a Bend
high school graduate.
John Novak, formerly a Bend
resident, was a local visitor earli
er this week en route home from
a business trip to Portland.
Square dancing will be held Fri
day night as usual at the Bendo
nian studio, 1001 E. Penn avenue.
Instruction for beginners will start
at 7: 30, and the regular dance will
get under way at 8:30. Mel Strick
lett will call.-The class has been
closed to new beginners until fur
ther notice, it was announced.
Mrs. William T. Rice, mother of
Hadley Roff of The Bulletin staff,
is visiting from Santa Cruz, Calir.
The annual meeting of the Des
chutes Reclamation and Irrigation
Co. (Swalley) will be held Satur
day, March 5, at 1 p.m. in the
court house. A director for a three-
year term will be elected, and
shareholders who are unable to
attend should send their proxies,
it was announced by Mrs. Dean
Wonser, secretary.
Mr. and Mrs. Robert Conrad,
745 Delaware avenue, are parents
of a girl born Wednesday at St.
Charles Memorial hospital. Jne
baby weighed 4 pounds, 9 ounces,
and has been named Janet Lee.-
Senate. Probe of New York
Stock Exchange Under Way
By DAYTON MOORE (himself."
United I'rewt Staff Correspondent At the outset of the hearings,
Wl JliVJ i Uf VI. IVC11II I J I 11 a! 1
so lar are that "1329 and 1955
seem to present separate cases"
three weeks of public hearings.
Peter Peacock
Dies at Age 51
Potpr Ppncock. 51. died Wednes
day morning at his home at .38
Irvinfi avenue. He came to Bend
fnr hie health two months aso.
Formerly he worked as shipfitter
in Oakland, Calif. He. was a na
tive of Hawaii.
Mr. Peacock is survived by his
wife. Rose, and two foster sons.
E. Victor Hunt of Portland and
Howard Hunt of Hayward, Calif.
Services will be held in Portland
Saturday at 10 a.m., at Portland
Memorial. .
of interest fo:
freshmen
sophomores
iuriSors 4'
seniors
and parents!
president of the New
York Stock Exchange, said today
a man with money in the stock
market has nothing to fear except
himself.- .
The lead-off witness In a full
scale Senate investigation of a cur
rent stock boom, Funston invited
millions more Americans with the
cash and the sense to use it to
come in and buy stocks.
The stock markel is healthy, he
said, and the 1929 crash isn't like
ly to be re-enacted.
"It is true that some of our citi
zens may act unwisely and suitor
toss, Funston said in a prepared
statement. "But most will act in
telligently and prosper. We cannot
hope to protect each imprudent in
vestor against himself."
A "Friendly" Inquiry
On the eve of the Senate inves
tigation, the bull market closed
Wednesday in New York at new
prompted the "friendly" inquiry by
the" Senate Banking Committee
headed by Sen. J, William Ful-
bright (D-Ark). The Tommittee
wants to know whether the market
is on a boom and bust cycle.
Funston emphasized that mem
ber firms of the exchange "are nov
trying to sell stock indiscriminate
ly to all comers."
"Rather," he said, "the ex
change community is trying to
broaden the base of corporate own
ership among millions of financial
ly able American families.
"Market research indicates that
there are up to 20-million Ameri
cans who are probably in a finan
cial position to consider the pur
chase of common stocks. These
the exchange and its community
wish to encourage," he said. "Eut
we definitely discourage those who
cannot afford the risk of purchas
ing common stock."
The exchange estimutes that
about 7'.a-million individuals now
own shares in publicly-owned cor.
porations. This is in addition to
financial' institutions.
To rrotect Investor
In contrast to 1929, Funston said,
Ihe exchange now polices itself,
Activities also are regulated by
the Securities & Exchange Com
mission and the Federal Reserve
Board.
In addition, he said security ana
lysts members of a "new pro
fession" provide "the public
with a tremendous flow of accurate
information."
'In short," Funston added, "en
deavors have been made to protect
the investor against everything but
Fulbright promised there will be
no browbeating of witnesses at the
three weeks of public hearings.
None has been subpenaed; only
invited.
'None is here in the role of the
accused," he said. "Our aim is
education, not accusation."
The committee is not Interested
basically in prices, he said, but
rather in whether the stock market
is "faithfully and wisely" serving
the public interest or whether it
could do a belter job in this re-
pect. ...
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HONOR UAKKIfcK Jerry
Meyers, 12, son of Mr. and
Mrs, George Meyers of Sis
ters, has been named The Bul
letin's honor carrier of the
month. Jerry has been carry
ing papers in Sisters for two
years. His brother, Tom, won
this same honor award a year
ago. Jerry, who is a Boy Scout
is a sixth grader in the Sisters
school, and has four brothers
Tom, 13; Jimmy, 7; Ronny, 3,
and Terry, 2. "Jerry is a grand
boy and is one of our out
standing carriers in Central
Oregon," Leonard Parker, The
Bulletin's circulation manager,
said. (Bend Bulletin Photo)
Initial Budget
Meeting Held
Special to The Bulletin
REDMOND At the preliminary
budget meeting for Redmond high'
school district this week those
present, all but three members of
the budget and advisory commit
tees, approved taking up the dis
trict's option of 6,000 on acreage
in the Taylor addition. Tney also
approved an increment adjust
ment for the publications advisor
amounting to $100 -each annually
tor tne newspaper and the school
annual..
The board accepted the school
board's proposed plan to make
teachers with at least two years
service to the district eligible for
two-year contracts, at the discre
tion of the directors. Such con
tracts would- be reviewed an
nually.
Superintendent James L. Brown
reviewed the anticipated income
for next year, noting that the ba
sic school support is at present
under legislative study. He re
viewed the tax situation and dis
cussed changes in ratio assessments.
The next regular budget meet
ing was set for Monday, March
28 at 8 p.m. in the high school.
Present were Lee Goodrich,
Robert Gillispie, Priday Holmes
and Kenneth Munkres of the budg
et board, with Paul Spillman the
only absentee. Advisory members
present included Al Cook, C. L.
London, Arthur Bliss, Peter Hohn-
stein. Carl Livesley, Lester Wick,
Joe Howard, Paul Johnston, .Ells
worth Dickson, P. M. Houk and
B. L. Flcok. Joe Brown and
Charles Trachsel were absent.
Roseboom Rites
Set for Portland
Special to The Bulletin
REDMOND Funeral services
will be held in Portland for Orval
Frank Roseboom, 54, who died
early Tuesday morning at Cen
tral Oregon District hospital, 15
minutes after being admitted. He
had suffered a heart attack at his
home in the Rainey apartments.
He Is survived by ' his mother,
Mi's. Sadie Roseboom, Redmond;
his father, Frank Roseboom, Port
land, and a daughter, Mi's. Fred
Herman, Los Angeles. He was born
May 7, 1900, in Kearney, Neb;, and
came to Portland with his parents
in 1906. He moved to Bend three
years ago, and had lived the past
15 months in Redmond, where he
was employed at Rainbow Tavern.
He belonged to the Bend Moose
lodge. .
Time and place for the funeral
have not been announced. Zacher
mortuary is in charge of local ar
rangements.
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930 Wall
Young Services
Held Wednesday
Funeral services were held Wed
nesday afternoon at the Niswonger-
Winslow chapel for Coleman Oli
ver Young, 47, who died Sunday,
morning at his home in Prineville.
Before moving to Prineville a year
and a half ago, he was a Bend
resident for 15 years.
Rev. James Thompson officiated
at the service. Mrs.- Dave Maudlin
sang and Miss Bessie Howard
was at the organ. Pallbearers
were Harold Miller, Larry Baxter,
Stanley Bowden, Ralph Town-
send, Glen Moss and Hcrschel
Hall.
Mr. Young was a native of Jor-
day. Valley. He is survived by his
wife, Wilma, two sons, Sheldon
and Donald, and a daughter, Ruth.
He also leaves a brother and two
sisters. ..,
Burial was in Greenwood cemetery.
Markets
POTATO MARKET
PORTLAND (UP)-Oregon Rus
sets No. 1A 4.25-4.50 for 100 lbs
No. 1 bakers 5 - 5.50, bales 5 -10
lbs. 2.50-2.75; 10 lb. mesh 35-49d
No. 2 50 lbs. 1.15-1.25 a 50-lb. sack
Idaho bales 5-10 lbs. 4.75; Calif
Long Whites No. 1 5.50-6.
PORTLAND DAIRY
By United Press
Egg prices were up a cent to
day.
Eggs To retailers: Grade AA
large, 49-50c doz; A large, 48-49c
doz; AA medium, 48-49c; me-l
dium, 47-4Sc; small, 42-44c doz:
cartons, l-lic additional.
Butler To rctuilci.s: AA grade
prints, 66c lb; cartons 67c; A
prints, 66c; cartons, 67c; B prints,
64c.
Cheese To retailors: A grade
cheddar, Oregon singles, 42'A
45Hc; 5-lb. louves, 4G',4 Jf'ie.
Processed American cheese, 5-lb
loaf, 39!&.41c lb.
PORTLAND LIVESTOCK
By United Press
Trading was active today.
Cattle 200; market fairly active,
mostly steady; steers scarce; loud,
good around 850 lb. fed heifers
20.25; truck lot 804 lb. commer
cial heifers 18.50; load mostly
utility cows averaging 931 lbs.
14.50; canner - cutter cows 9..V)-
11.50; bulls scarce, utility - com
mercial salable 13-15.50.
choice vcalcrs 23-28.
Hogs 100; market active, strong;
choice 1-2 butchers 180-235 lb. 19-
19.50. sizeable lot choice 1 kinds
205 lb. 19.60; choice 360 - 500 lb.
sows 14.50-15.50.
Sheep 50; market nominally
steady; choice fed wooled lambs
up to 21.50 or above; good-choice
feeders salable 17.50-18.50; choice
ewes up to 8.50.
Ex-Song Writer
Says Archeology
More Satisfying
NEW YORK (UP) Kermit
Goell, a top song writer for 15
years, quit Tin Pan Alley in dis
gust when he decided the stuff
they wanted him to dig was bet
ter left undug.
Now he's digging stuff 2000
years old.
In one of the most amnzing
switches ever' pulled in a town
noted for switchcraft, Goell
stepped without pause from
June, moon, spoon into dig
this! archaeology.
Goell, who is 40 and whose
Near You" once topped the hit
parade, is off this week for h
third year of digging in Southeast
Turkey into the ruins of the un
cient Hittite civilization. He be
lieves his little expedition, which
is headed by his archaeologsit sis
ter, Theresa, already has made
an important discovery.
'In 1200 B.C. the Hittites were
conquered," he said in an inter
view. "It had been thought that
by 700 B.C. the last remnants of
that civilization were wiped out.
But I believe my sister is proving
that in the time of Christ this cul
ture was still going. We're filing
in a 700-year gap in history."
Goell, who has had some 50
songs published, several of them
hit parade .numbers, got weary of
Tin Pan Alloy two years ago,
"The demand got so rally," he
said. "Shh-boom is the answer lo
everything. I was so disgusted I
was ready to go back to the real
estate business, where I came
from.
'They'd say to me, 'Write real
bad.'
"I'd say, 'I thought 1 was writ
ing bad enough.'
"'No,' they'd say, 'Write REAL
bad.'
"Well, look, I went into the mu
sic business as a lyric writer for
aesthetic reasons, and I find there's
no' satisfaction now for that. Now
we're in the rhythm-and-blues era.
Before that it was the hillbilly era.
BHS Students
Top Averages
Upper division students at Bend
high school again topped the na
tional averages In three out of
four areas checked by the annual
achievement test, principal J. R.
Acheson announced today. In the
field of mathematics all three
classes exceeded the national
norm, the sophomores and juniors
Dy 4 points and the seniors by 2.
The sophomores led in science'
with 11 points, the juniors with 10
and the seniors 9 above the nation-wide
average.' In the social
science area the 10th grade was 1
point above while the juniors were
1 point below and seniors 6 under
the norm. The juniors, seniors and
sophomores ranked in that order
in English, with 6, 4 and 2 points
respectively, above the scores con
sidered normal for their grades.
The test used was the essential
high school content battery, which
has been given each year for the
last three years and for which the
norms of average scores were ob
tained after the test's having been
given to approximately 36,000 high
school students in various parts of
the United Stales.
Fire Destroys
Unit of Motet 7
REDMOND Firemen wera
called on their second serious tint '
this week at 2:57 Thursday morning-
Fire, apparently from an
overheated wood stove, resulted in. '
loss of a single motel unit and its ,
furnishings -at Western Air Motel
on North Sixth street The alarm- ;
was turned in by a passing truck
driver.
Firemen took two trucks and re
mained on the scene about three '
hours. Sawdust insulation in Hie -burned
building added to the ditfi- "
culty in fighting the fire. Firemen.,
prevented flames from spreading '
to other tufa.
The owners, Mr. and Mrs. Frank...
Turn bow, said the damage, not
yet estimated, is partly covered
by insurance. '
PIONEERS INVITED . ,i
C. G. Springer, president of the
Deschutes Pioneers' association,.'
nas asKea memoeni 01 ine associ
ation to attend the open house pro-'"
gram at the Deschutes county It"
brary Friday evening. He said the ':
association had received a spe-
cial -invitation to attend the open"
house. '
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