Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 28, 1950)
Chest Members Hear Report on State Meeting A report on the recent annual meeting of the Oregon State Chest was given to member ol the Jackson County Community Chest this week by Stanley Jones Jr. and Harold Cook, delegates to the state meeting from this area. Cook is secretary of the local Chest. It was the largest meeting ever held by the state group, Cook said, and reports indicated that fund raising campaigns in all sections are meeting more co operation from unions and em ployers on payroll deduction plans. Is Pioneer The Oregon Chest Is a pioneer in its field, Cook said, and only one other state has a similar or ganization. Publications of other Community Chest councils indi cate, however, that other states will ioiiow uregon s lead, Cook added. Figures given at the state meeting indicated that during 1949, Chest child care agencies served a total 01 ub cases from Jackson county, and gave a total ot 13,401 days oi care aa in crease of more than 1,000 over the previous year. Care for Jackson county cases has in creased mora than 100 per cent in live years. Pay Less Than Half The Jackson county budget in cludes aDoui siu.uuu lor hte state Chest agencies, and Cook said that a conservative estimate indicates that county residents pay for less than half of the necessary care given county cases. Since the last campaign did not meet its goal, payment to the state Chest this year was about 87 per cent of the budget ed amount. Eleven of Oregon's 36 counties raised 100 per cent or more of their goals. Two other counties raised a greater percentage of their quotas than did Jackson county. Others ranged downward to one county which raised 54 per cent. Local Representation Frank C. Bash, president of the Jackson County Community Chest, is a director of the Ore gon State Chest, and a member of its agency review committee. Victor Milnes, Harold Cook and Mrs. Scott Davis, all Medford, are members of the State Chest corporation, and William McAl lister is a representative at large from this county. Several meetings of the county Chest have been held in recent weeks, and an announcement of new officers will be made soon, It was reported. Plans for the 1950 campaign next fall are now being prepared. The University of Illinois Is acquiring a 63-acre tract of vir gin timber containing 46 native tree species, among them huge oaks some of which are estimat ed to ba 450 to 500 years old. Babson Discusses 'When To Buyr By Roger W. Babton St Louis, Mo Apr. 28 (Spe cial to .Mail Tribune) As soon as I talk business conditions with anyone out here banker, manu facturer, mer chant, farmer or wage earn er he asks: "How long do you think pres ent good con ditions can last?" They all . seem to realize . tnat the coun- tryand especially wages and nigh ba7isre n a" ariiidBUy t.m iUno,t b! our banking sys which have brought on previous 5 eP.r"ion- The most prevalent 5? the next business collapse will be brought about by competing labor leaders and ,rea.s n ably high taxes, throughout the central west, a severe crop failure, lasting two or three years, is most feared. Of course, an attack by Russia could make an awful dent in the stock market. . Personally, I do not look for a bust, or even a panic during the next year or two. My fear is pf a slow "erosion," caused by increasing competition, reduced profits and declining sales. There is a limit to the number of houses, autos, televisions, refrig erators, etc., which families can buy either for cash or on install ments. We are fast approaching this limit. When retail sales fall off, employers must lay off workers. This increasing unem ployment results in still fewer sales, more unemployment, and finally we will be confronted by 15,000,000 unemployed and a dead stock market. An excess of new labor-saving machinery could also hasten this "business erosion" until unemployment gets adjusted thereto. Chart Shows Depression Can Be Expected Anytime According to the Babson chart which covers all sections of the country a business depression could be expected any time. For over 10 years business has been above the normal line. When this Babson chart is broken ' down, it is found that it is made up of four cycles. Each of these are of different duration. These have been worked out ln detail by two famous economists Ed ward R. Dewey and Edwin F. Dakin. The longest of these cycles runs for 54 years; the second longest for 18 years; the third longest for 9 years; and the shortest for 41 months. Ordinar ily, throughout the past century these cycles often reach their high and low points at different times and hence neutralize one another. This is the reason I de pend upon my composite chart. But a study of these four inde-1 pendent charts of Dewey and Dakin indicates that they all may reach their low points about 1952. If so, those who are saving up to buy a home or stocks or other things, for lower than pres ent prices, have only about two more years to wait. Cold War Mutt Be Considered in Recession A discussion of when the next business depression is due, must consider the cold war in which we are now engaged. In fact, it almost looks as if we are still fighting World War II. Certain ly as a war measure, our govern ment cannot afford to let this country suffer from serious un employment, failures and a col lapsed stock market until we have certain peace. This might come through Stalin's death, a Russian revolution, or through compromise due to mutual fear of the H-bomb. Until the present cold war ends, our country must keep sending billions to Europe; must speed up production of arma ments; must support farm prices and must help small business. In short, I see no serious business or stock market collapse so long as the cold war continues. I say this irrespective of what econo mists or political leaders have to say. Hence, I believe that Joe Stalin is the only one who can answer correctly our question: "When will it be time to buv houses, commodities and stocks cheap? In fact, even he does not now knowl I, however, do not believe that 1950 will offer this opportunity. Farmers Are Optimists) Most Out of Debt The farmers out here are fair ly optimistic. Most of them are out of debt and many have good bank accounts. During the past Youngster Struck By Truck in Portland Portland, Ore., Apr. 28 flJ.R) Four-year-old Bruce Pederson of Van Nuys, Cal., hit by a truck yesterday, was in critical condi tion, Portland Sanitarium at tendants reported today. The truck ran over the boy's mid-section when he dashed into the street. His parents, Mr, and Mrs. David S. Pederson, arrived here last night to return the lad to California when they heard of the accident. Bruce had been staying with his grandparents, Mr. and Mrs. Ben G. Stark. Friday, April 28, 1950 MEDFORD (OREGON) MAIL TRIBUNE IflHE few years they have been buying equipment, repairing their build ings and improving their soil. They feel that even as prices of farm products further decline which they expect congress will treat the farmers fairly. Only two things these farmers fear: one is another lone drought which may come anytime; the other thing which worries them Is whether Mr. Truman has the right advisors. I find out here a very strong hope that General Eisenhower will be their next president. WOOD Order Your Green Wood Now for Future Delivery. 2x2, 2x4, 4x416" CENTRAL POINT FUEL CO. Undtr New Management PHONE CENTRAL POINT S71 Mon. thru Fri ( a.m. to 4 p.m. 117 S. CENTRAL TELEPHONE 2-6241 LAST DAY OF WARD WEEK ENDS SATURDAY mm PIS GES SAL reflect zooming popularity of the New HIUJILDSOKf LEADERS IN RESALE VALUE . . . "Step-down designed Hudson! lead in resale value, coast to coast, according to Official Used Car Guide Books. . . . and here are the figures to PROVE it: What better proof could there be of the nation's acclaim for the New Hudson's years-ahead styling and outstanding durability than this car's high-dollar value with used-car buyers, coast to coast? The figures shown In the table at right are used-car retail prices based on the latest National Automobile Dealers Association Official Used-Car Guide, and these figures are reported by dealers themselves dealers for all makes of cars. They refer to 1948 four-door sedans, that being the most common model and the fairest basis of comparison. The New Hudson has a considerably higher average resale value in relation to Its original cost than the average of the 18 cars and models In Hudson's - price class! luiooinKMiM nlMUM PACIFIC COAST REGION Avaraie Retail Selllni Price., April 19S0 Chrysler Saratoga ....... 163S Chrysler New Yorker ..... .... 166S DeSoto DeLuxe .... .... 1450 OeSoto Custom 1300 Dodge Custom .. 138S HUDSON SUPER-SIX 1685 HUDSON SUPER-EIGHT 1695 HUDSON COMMODORE SIX 1783 HUDSON COMMODORE EIGHT .. 1795 Mercury .................... 1215 Nash Ambassador Super . .. . . 1370 Nash Ambassador Custom -............. 1420 Oldsmobile 78 . 1493 Oldsmobile 78 DeLuxe . .. ..... 1535 Oldsmobile 98 .. ... .. 1655 Oldsmobile 98 DeLuxe . 1735 Packard Eight - ... 1645 Packard Eight DeLuxe ..... 1725 Pontiac Eight Torpedo 1405 Pontiac Eight Torpedo DeLuxe ........................ 1425 Pontiac Eight Streamliner . 1475 Pontiac Eight Straemliner DeLuxe 1493 Studebaker Com. DeLuxe ...................... 1435 Studebaker Com. Reg. DeLuxt 1475 Studebaker Land Cruiser .... 1600 1006 N. Riverside M. M. HUDSON CO. phone 26281 AUTHORIZED HUDSON DEALER Sam Mete and - Tony Mete 117 SOUTH CENTRAL TELEPHONE 2-6241 i i i . ... in . ms i i i a Saturday One Day Only! SATURDAY LAST DAY OF WARD WEEK SALE REG. 1 .49 FEATHER PILLOWS SHEET AND 2 CASES Full size plump.y filled pillows. J rf fifl tgR." &fl(lf Woven striped ticking. B UU Sheet and 2 cases. SHEET and V UU LIMIT 2! 1 A 2.67 value. 2 CASES Sheet 81 "x99", Cases 36"x42" 3 29c RAYON PANTIES WOMEN'S HOUSE SHOES 5 FOR Run resistant rayon briefs with Values to 2.49. Blues, blacks, band or elastic leg. Assorted f Plnk' Broken sizel and styles' M (ill colors. Sizes S. and M. B w Extra savings! II BLUE CHAMBRAY If ' (f ' iMll 'JV ' 'stay-up' i ip-A M' 4 a tn?r: i BOXER SHORTS I. ) A Reg. 59c value. San forized for lasting fit. Sizes 2, 4 and 6. A special value! eT fit ' REG. 59c T-SHIRTS Extra long fine combed cotton X shirts with pocket. White, blue or maize. S., M., L. 2 FOR jOO GERE qssk fflSKfr 3iB& aanfr tl I ALL-STEEL TOOL BOX Size 21 '2x7x6'2 Fine crackle finish tool box with removable box tray. Spot weld construction. Rg. 4.50 $900 SPORT KING FIREFLY Regular 35c .hand tied Fireily made of Cantron. Regular 19c Wet or Dry Flies, 8-12, Big Selection 6 FOR $1. 3 FOR S00 REG. 6.50 IRONING BOARD 15x54" seasoned wood top. All metal understructure. Rubber feet prevent creeping. Super value! $500 REG. 6.69 "MW" SWEEPER Quality built sweeper has features of cleaners selling up ot 8.75. Rubber guard, built-in brush. $00 TCEB SEED (tUflinO UBHlliJ ail3X' RI
