MEDFORD MAIL TRIBUNE. MEDFORD. OREGON, FRIDAY, AUGUST 14, 1942.
PAGE THREE
What About Oil?
Babson Summarises Th Situation
Babson Park, Mass., Aug. 14.
Oil may be said to be the
world's most Important com
modity. Certainly, Hitler Is to
day fighting the battle of his
life for it. Aside from gold,
oil also has probably held more
fascination for men than any
other business venture. Fort
unes have been quickly made
nd as quickly lost In its dis
covery, production, exploitation
and refinement. The attention
of householders, autoists, in
vestors, government authorities
and our armed forces Is now
focused upon oil as never be
fore. Perhaps the greatest develop
ment In our own oil industry
may shortly come from the pro
duction of butadiene and
styrene. These are essential In
gredients of synthetic rubber,
particularly the buna type. Only
small additions to plants and but
little use of critical materials is
necessary for existing refineries
to begin turning out these badly
needed products. This repre
sents an entirely new phase of
the search for the "royal road"
to synthetic rubber. It is quite
apart from the government's
other programs now under way
The successful production of
rubber from oil will contribute
materially to our war effort. It
may also mean the difference
between riding and walking.
Impurities Make
Rubber From Oil
It is not farfetched to specu
late that some day we may de
rive a great part of our rubber
requirements from crude oil
sources. Oil is valuable for
many purposes aside from run
ning automobiles, lubricating
machinery and heating homes.
Even the so-called impurities in
oil, such as sulphur, asphalt and
wax , have great value. The
major producing and refining
companies are constantly seek
ing new uses for the increasing
variety of products from their
stills. Stockholders in these
companies should ultimately
profit from the results of this
research and development work.
Fuel Oil Shortage
Looms For Winter
Of utmost concern. .Is . tho
situation relative to fuel oil,
The eastern section of the coun
try is bothered by lack of suf
ficient transportation facilities.
There is little question but
..V. r. tUa ...ill ,f f a
nun, vug - n . it in u u 1 1 1 i un u
result this winter. However,
the rest of the country has also
need for some uneasiness. In
ventories of fuel oil are around
their low point for the past five
years, now off 18 per cent com
pared with the same month a
year ago.
Gasoline Rationing
Will Wait Elections
Nation-wide rationing of gaso
line is probably out until after
elections. It is entirely pos
sible that well before we can
get into production of synshetic
rubber worn out tires and the
subsequent laying up. of auto
mobiles will ease the gasoline
situation. My best guess, how
ever, is that rationing will in
crease rather than decrease for
the nation as a whole. It has
been said that to put 1,000 allied
planes over Cologne took 1,000,
000 gallons of aviation gasoline.
That required 200,000 barrels of
crude petroleum. Add to the
Cologne raid gasoline required
for ground use and for allied
planes the world Over and you
will get some conception of the
military gasoline needs. Much
of the gas used must be supplied
by the U. S.
As yet, however, we have
hardly tapped our gasoline sup
plies for war requirements
Stocks on hand compare favor
ably with a year ago. standing
for the last month of record at
about 86,730,000 barrels. But
automobile users even outside
present restricted areas are
bound to be pinched unless pro
duction of gasoline rises. For
the last month of record it was
some 300,000 barrels less than
the corresponding period last
year. This unfavorable com
parison will probably continue
until the German submarines
are eliminated. Less gas for all
except military needs will bring
distinct changes in methods of
doing business and in personal
ways of living.
Oil Securities
Mak Good Showing .
Prices u the oil industry have
been the Tjest for many years.
Gross income is rising although,
on account of taxes, the net is
off. However, present dividend
requirements are in the main
covered. Oil shares have held
up remarkably well and con
tinue to make a better showing
Ihap the general market. Re
member also that the producing
companies constitute a good in
flation hedge.
Oil stocks should essentially
be classified as peace stocks
Hence, I should expect to see
both the producing and distri
buting oil companies do much
better after the war. If your
investment portfolio contains a
few good oil stocks you can con
sider them as constituting a step
in the right direction come war.
peace or inflation.
COMPLETE EARLY
Located on Highway Tract
at South Edge of Town
Francis C. Beck, Manager
Erection of the mobile camp
for migratory agricultural la
borers, operated by the Farm Se
curity Administration, should be
completed early next week,
Francis C. Beck, manager of the
camp, said today The camp is
again located on the tract behind
the Bruce Bauer Lumber com
pany on the Pacific Highway
just south of the city.
The camp is being moved
from Gresham, Ore., where the
berry harvest is ending and the
move will take a bit longer than
ordinarily, because of present
transportation problems, Mr.
Beck asserted.
50 Platforms
Fifty wooden platforms with
tents will be provided. More
tents are available and possibly
more platforms may be obtained
if needed. Other facilities in
clude showers, laundry and toi
let facilities and an assembly
tent for group meetings and recreation.
An office of the United States
Employment Service will be lo
cated on the grounds to assure
the best possible utilization of
the labor supply by facilitating
contact of growers and pickers.
The camp will be in charge of
Mr Beck as manager with
James A. Saum as clerk. Miss
Frances Anderson will be the
registered nurse on duty part
time. A cook and nursery school
supervisor as well as a mainten
ance mechanic will be added
shortly.
SUGAR PROSPECT
SPECIAL-TODAY -SAT -SUN
Featuring the biggest Bargain Sale in All History "Uncle
Sam's War Savings Stamps". If you possibly can this
week, buy a Bond and a share in the "91st". Stamps
eon become Bonds we are always mighty glad to sell
them here.
KEEP FIT -FOR VICTORY
Today good health Is a national
duty. Wa'ra doing our part by
filling your prescriptions accu
rately and well. Do your parti
Sea your doctor, and bring his
prescriptions hara.
HEATH'S
DRUG STORE, INC.
29 North Central At. Phone 3551
Madford Center Bldg. Free Delivery Mail Order Service
Washington, Aug. 14 (IP)
Consumers may expect at least
as much sugar in the first nine
months of 1943 as the present
basic rations, OPA said today,
"provided the shipping outlook
does-"riot take a radical turn
for the worst."
The basic ration for house
hold consumers is eight ounces
a week, and 70 per cent of 1941
use for industrial users.
Ration allowai.ces for the re
mainder of the year, the office of
price administration said, are
being gauged to provide a sup
ply of at least 2,300,000 tone of
sugar January 1, 1943.
Learning Jap Language
m wiU mi . mt
p. v . ... . v f,,
ising kimpulied method which brouetil national lame to Lieutenant
Paul . Herrlck Islandinr), these air cadeta at California's Gardner
Field are learning to say "Remember Pearl Harbor" and other tute
menti in Japanese lancuate. In preparation for tlait to lotto.
OPENING SLATED
FOR WEDNESDAY
Plans are nearing completion
for opening of the Medford
Nursery school at the First
Christian church Wednesday at
7 a. m. according to members of
the nursery committee. Nursery
workers will be here from Port
land Monday to help with final
arrangements for the school.
The principal and cook for the
school are being selected from
the local community and a ten
tative fee has been set at $10
per month for children enrolled
in the school.
The final fee for the school
will be set on a graduating scale
according to the size of the fam
ily and family income and ad
justments will be mace at the
close of the first month. Par
ents may enroll children of two,
three and four years of age and
In a few instances children of
five years will be taken. Eligi
ble are children of mothers who
work, and of defense and mili
tary personnel. Those desiring
further information may tele
phone 2907 it was stated yesterday.
PROTEST CONDITIONS
Salem, Aug 14 P) Offi
cials of the state federation of
labor protested to the Board of
Control yesterday against work
ing conditions at the state hos
pital, and the board promised It
would take steps to improve the
conditions.
TENANT P
WANTED
STORE BUILDING and
paved parking lot at North
east corner 6th and Bart
lett Sts., will bo available
for occupancy October first
Communicate with
JOHN TOMLIN
P.O.Box 152,
Medford
P.
TARGET PRACTICE
Warning to all persons to stay
away from the Small Arms
range of Camp White, was Is
sued today by the headquarters
of the commanding officer.
Camp White. Medford. j
There will be firing on these
ranges during the week of Aug
ust 17 to August 22 Inclusive, 1
All persons are cautioned
against entering the range areas
whenever Red streamers are dis-1
played at the Antelope Range :
House, corner Mullen and Corey j
roads or at the Perge Range
House, one mile north of Milti-
tary Bridge.
The 1941-42 rice crop of Chile
now being harvested Is esti
mated the largest In the coun
try's history.
Keep Cool! Be a
Brown Derby Man!
" lis
mim fern.
Thirsty for real Pilsner! Then slock
your icebox with Brown Derby. For
sparkling clarity, snowy collar, and
tongue-teasing flavor, we claim this beer
is "Imported's equal."
TRY THB "PARTY PITCHER TEST"
either it makes Brown Derby Men out of
yon and your fuestt or money back!
Buy and chill two quarts of Brown Derby
' Pilsner. Invite several friends over. Pour
this fragrant brew from a pitcher ... the
way old-time Pilsner was served , , . and
pass around sandwiches.
If you all don't agree It equals the finest
Pilsner you ever tasted, return empties
to where you bought the beer and full
purchase price will be gladly refunded.
at SAFEWAY
U dJi hj Sslim Brrvjrry fir ttrwMf
UY QUARTS 1 Quart Saves 2 Metal Caps for Other Needs
PEERLESS MARKET
14 NORTH BARTLETT DIAL 2052
All of Our Meats ar Either
BUY c-jtMaMAal Ctila Inciter! orl
UUIBIIIIIIBHI VI Wioiw iikhi
Open Week Days 7 a. m. to 8:30 p. m.
Leg of Spring Lamb - lb. 35c
HENS, tor fricassee lb. 24c
Assorted Lunch Heats-- lb. 29c
WEAL ROAST, shldr.- lb- 24c
BAC01I SQUARES a lb. 15c
SALT PORK lb. 20c
PEERLESS GROCERY
DIAL 2652
FANCY LOCAL TOMATOES 3 lb. 19c
LEMONS, large, full of juice. . . .2 doz. 45c
SWEET CORN, local, full kernel, doz. 29c
Dal. Tomatoes, 3 lb. 14c; 30-lb. lug SI. 35
rancy Local CARROTS 3 bun. 10c
BANNING SYRUP
Bulk
Bring Container
lb. 8c
MCH-TEX SHORTENING. . . ,3-lb. can 65c
:EL0X granulated Soap gianl pkg. 15c
RAFT CHEESE
Am.r. or..
Velveeta
2 lb. box 63c
30DA CRACKERS, Cascade, Mb. box 19c
Flour, Snowdrop 24! '2 lb. 69c; 49 lb. SI. 29
Shop Downtown and Save Your Tires
JUST OFF MAIN 14 NORTH BARTLETT
Delireries Saturday on Orders ol II or Mora
HOLLOWAY'S
WELCOME
9 1 st. Division
YV ara proud of Camp Wh': and wa
know America will b proud of you
Ba Wis
Buy Wisa
and
Economise
at
Holloway's
Reliable
Grocery
Aftar tha Camp White Activation ceremonies set the
' o (3 j
At HOLLOWAY'S
Good Food Will Help America Win
Now more than ever the health of your family Is
vitally important. You mint keep in tip-top shape.
Buy Good Food.. Come to Holloway's where you are
auured the beatl
Tomato Soup, Campbell's, 3 cant 25c
Back Up Our
Fighting Men
Fighting
Dollars
BUY MORE
WAR BONDS
Crushed Pineapple, No. 2 can .3 for 69
(Limit. 3 cans.)
Orange Marmalade, S. & W. Irg. 2-lb. jar 43c
Tunaetts, creamed large can 29
Creamed from the tenderloin of the tuna.
We have a complete line of Heinz 57 Varieties
Holloway's High Grade Coffee, Fresh Ground lb 27c
Vegetable, for Salad No. 1 tall can 19
Sweet Pickle, Taylor's -oz. jar 2 for 25t
Dill Pickle. large No. 2Y2 can 23
v Asparagus, green tips, Sun Blest, picnic size can 19
. Calumet Baking Powder .can 19s
Shoe Polish, Dyanshine bottle 19
Corn
Flakes.. 2 for 19
Pep 2 for 27
Rice
Krispies, 2 for 25
Shredded
Wheat ..pkg. lit
III r
Attn
t titui
Wheat
Krispies .....12
All-Bran,
16-oz. pkg. ...215
40 Bran.. pkg. 15
Variety ...pkg. 25
Buy Crystal Syrup Save Your Sugar
Sweetheart lc Soap Deal 4 bars 26x
Flour, Crown Kitchen Queen 49 lb. fl-89
JOHNSON
Liquid Wax . ...qt 98c
Jar of Silver Polish Free
BORENE
Giant Size Pkg. .....63c
The best for hard water.
For Setter Taste and Less Waste Buy Holloway's Produce
Bob Field's Fancy Local Tomatoes 3 lbs. 25
Local Squash, Zucchini, Summer, Yellow, 3 lbs. 25
Local Cucumbers, fancy slicing .2 for 9
Fresh Peas, full pods 2 lbs. 25t
Cantaloupes, jumbo 38 size 2 for 25?
CITY
MEAT
MARKET
112 N. Central
AN IDEAL SUMMER FOOD
Perfect for Slicing Cold
Corned Beef - lb. 25
Boneless
Corned Pork .. -lb. 3C
Dial 2345
Best Meats
for
the
Free Delivery
K M IP M.
Only ONE DELIVERY fe
any one person in a
SINGLE DAY
Shoulder of
LAUD
lb. 25c
Shoulder of
VEAL
lb. 25