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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (March 9, 1955)
26 Persons Killed in Crash of .lexical. Airliner Against Sierra Mladres Pea Stock Market Boom Credited To Signs of Continued Prosperity Washington (U.P.) The stock market is booming because in vestors feel sure a long period of prosperity lies ahead, a top official of the nation's largest brokerage firm said today. This confidence in the nation's economic future has led more people to buy stocks as a long term investment, Winthrop H. Smith told the Senate Banking committee. TTie committee is in vestigating whether the current market boom is a healthy one. Prospects for Peace Smith is managing director of Merrill, Lynch, Pierce, Tenner & Beane, a brokerage firm with headquarters in New York and offices throughout the nation and some places abroad. He said investors consider the future bright because there are prospects for continued peace, the nation's growing population will keep consumer demand high, living standards are still rising and new industrial fron tiers are opening in such fields as atomic energy and electronics. He also cited more favorable government policies toward busines as reflected in expira tion of the excess profits tax, the flexible credit policies of the Federal Reserve Board, and the "mild relief from double taxa tion of stock dividends. Market Drop Noted Smith testified in the wake of yesterday's sudden, sharp drop in the stock market when losses ranged beyond $3 a share. Some observers said the drop may have resulted from a recommen dation by a Harvard economics professor to the committee yes terday that the government raise the margin for stock purchases from 60 to 100 per cent. But committee chairman J. W Fulbright (D.-Ark.) said that he could see no connection between the committee's investigation or Prof. John K. Galbraith's testi mony and the market drop. A Nichol's Worth of . . . Comment- On This and That OCE Presidential Applications Pondered Portland U.R) The State Board of Higher Education today was studying applications for the presidential vacancy at Ore gon College of Education caused by the death last month of Dr. Roben J. Maaske. The board yesterday confirm ed appointments of Dr. J. F. Cra mer as president of Portland State college and of Dr. Philip G. Hoffman as head of the ex tension division. II III lur I j i - 1 By HARMAN United PrMt Washington (U.R) A love ly girl dipped a fork into her fruit cocktail, looked up and said: "I wonder if you can find somebody who could give me a massage? she said. "I've been on a train all night and I am tired. think a masse- usse might re jnarman .Nicnois lax me. If Win Min Than, a 22-year- old Burmese lovely who has just finished her first movie, was tuckered she sure didn't look it. She was dolled up in a native green longyi (a toe-length skirt) and sported a pawa (or quilted shawl) to match her white ny Ion blouse. Her lips were prop erly tinted and her coal black hair stood up in a twisted top knot. Her Aching Back Mere man looked at the star- let and said the only masseusses he knew were what might loose ly be called masseurs, the burly characters who rub down the box fighters in training camps. "I'll try. though," I said. It was Sunday, and apparent ly every expert at the massage in our town was taking time out. In 20 calls, I got only one an swer, and it was a man. "No thank you," Win said, easing back in her chair. So far as I know she went to bed that night wearing a still aching back. The young lady, who speaks good English, was selected to play the role of a Burmese girl opposite Gregory Peck in a drama called the "Purple Plain." Scared lo Death She was discovered by the movie people at her home in Pegu, 50 miles from Rangoon, Burma. All she knew about the dramatic was dancing with her husband U-Aung Than, who op- W. NICHOLS Future Write? erates a Burmese tin mine. That and a couple of amateur theatri cals. .v "I was scared to death," she said. "For one thing, I didn't like the idea of being away from home for over six months. Half of the picture was made in Lon don and the other half in Ceylon. Maybe I won't make another. We'll see. I don't know how they ever picked me, anyhow. I'm all arms and legs." Win is an unofficial ambassa dor for her homeland and she resents people who misinterpret Burmese customs and manner isms. Like the time she was quoted as saying: "I love you with all my heart is never said in Burma. We say 'I love you with all my liver.' That is true, but folks over here don't under stand and laugh at it, and it is embarassing." i Lois of Holidays The five-foot, six-inch girl (tall for a Burmese lady) is proud of her country. "We have no caste system in Burma," she said. "Some people have more than others. But all are well fed and everyone, rich and poor alike, get the same education. Literacy in my coun try is 80 per cent, which is very high. We are a sober, happy people, and almost every day is a holiday, with singing and dancing." Glendale Woman Sues Highway Commission Grants Pass U.R) A S67,000 damage suit was filed against the State Highway Commission in Circuit Court here yesterday by Mrs. Kathryn Moore of Glen dale. The suit resulted from a dis pute between Mrs. Moore and the department over the erec tion of a six foot fence separat ing her property from a limited access highway. Mrs. Moore claimed damages because she said the fence makes her property a hotel and a service station look like a concentration camp. "Two -Timer" Av W M w Our Famous Illusion Heel Pump Now Has a Detachable Bow! JET PATENT WHITE BARK BLUE AVOCADO $10 95 THE CORNER SHOE STORE Central at Main Medford i!n;nEr.ca Four American Tourists Perish In Flaming Wreck Guadalajara, Mexico U".R) Twenty - six persons including four American tourists were kill ed on Tuesday when a Mexican airliner crashed into a 9,000-foot peak of the western Sierra Madres and exploded with a blast Jhat set the mountain top afire. Rescue brigades set out at dawn from the nearby Rancho el Mosco to reach the wreckage of the twin-engined DC-3 airlin er a few miles from the village of Talpa de Allende, 100 miles west-southwest of Guadalajara. They were halted on Tuesday night by darkness. " A rancher on horseback, who climbed to the scene late Tues day, reported all aboard "per ished horribly." He was prevent ed for more than three hours from approaching the area be cause iiaming gasoline touched off a series of brush fires. The Americans aboard were tentatively identified as Ed Johnson, Dr. J. Ingler, Dr. Hays and R. S. Hall. All were believ ed to be from California. Lost Radio Contact They boarded the plane at the rustic coastal resort of Puerto Vallarta for the 125-mile flight "to Guadalajara. The plane rose swiftly to clear the mountains which rise abruptly from the coast but crashed 20 minutes later, only 30 miles from the Puerto Vallar ta airfield. . There was no explanation. Ra dio contact was lost shortly aft er takeoff. Those aboard included three crew members, two Mexican in fants and "several women." It was the second air disaster in Mexico within 24 hours but the first for the airline in five years. Jorge Pasquel, Mexican millionaire and former baseball czar, perished with five other persons on Monday night when Pasquel's private plane crashed in the eastern Sierra Madres near the Gulf coast. The airliner, carrying 23 pas sengers and three crew members was of the Mexican Aviation company, CMA, an affiliate of Pan American. It took off from Puerto Vallarta airfield at 2:30 p.m. (EST) and vanished. Three hours later the smoking wreck age was spotted from the air. Identification Delayed Identification of the Ameri cans was delayed because tele phones to the hotels in Puerto Vallarta are down at night. A spokesman for the airlines said the "only chance" of identifying them immediately was to check hotels early today. The wreck brought to 32 the number of persons to die in Mexican plane crashes in 24 hours. Pasquel and his five passen gers were killedwhen his speedy Lodestar transport crashed and burned in the mountains near Tamuin. Pasquel, 48, millionaire indus trialist, financed the "outlaw" Mexican league raids on organ ized baseball in 1946. He was an intimate friend of former Presi dent Miguel Aleman and pump ed millions of dollars into the league, causing many American major leaguers to jump their contracts and accept huge salar ies in Mexico. The campaign ended the following year when Mexico's big league failed to draw paying crowds. . Wednesday. March 9, 1955 MEDFORD fOREGOIT) MAIL TRIBUNE THREE 'DINKIE' SALE GOOD San Francisco U.R) San Francisco city officials said to day they were gratified by the ' very generous bids" submitted by 33 persons who wanted a ca ble car for their very own. The city put 10 "obsolete" hill climb ers under the auctioneer's ham mer and found there was a sur prisingly strong market in second-hand cable cars. The 10 din kies brought in more than $11,000. Dead line Sunday Classified to at noon Saturday : 10 a.m. Monday for Monday: other days 5:30 previous day Good News For Septic Tank Owners Septic tanks are lifeaaveni for those who live away from city" ewer system. But septic tanks can, and do, stop-up and over flow! First, because the tank is not cleaned at proper intervals; sec ondly, toilet tissue that does not readily disintegrate may clog the drains and force them to back up! This may be avoided by using MD Toilet Tissue because MD is scientifically processed to ab sorb water quickly. Drains don't clog or Back up so readily! Good practice: Consult your County Health Department, your plumber, or a septic tank service company, for advice on cleaning your tank. Use MD Toilet Tissue! 3 Pays Only! Thursday, Friday and Saturday offers a... Lovely' Neck Pieces Silver Blu Mink Stole ... $395 Mink Clutch Cape . . . $395 (G II (G & TT II (D Glamorous New 1955 Styles 1J rwo NATURAL " RANCH M,NK BS'RR SPECIAL! m ll iB ry Bird I W- SPECIAL m Iflll siuirrel Baek ff S? Iflf 1 WWk Coronation II II 11 1 iflW mm smiE Starts Tomorrow NOW JUST IN TIME fpr ESStCT comes this great sale with values so start ling that we dare not even list the normal comparative prices. THESE ARE REAL BARGAINS. IMAGINE! Sheared Raccoon, Dyed Weasel, Dyed Northern Muskrat Back Coat, Moonglow Dyed Northern Muskrat, 4-skin Scarfs of Wild Mink, Dyed Squirrel Belly Coats, Dyed Kid Coats, Dyed Blond Sheared Raccoon Flanks Many others not listedl Dyed Squirrel Cape Stole Dyed Gray Processed Lamb Coat Dyed Squirrel Cape , Dyed Gray Lamb Coat Dyed Brown Lamb Coat Dyed Northern Back Muskrat Coar Gray Persian Lamb Coat Dyed Northern Muskrat Back Cape Gray Persian Paw Coat 1 Dyed Sheared Raccoon Flank Coat Dyed Muskrat Belly Coat 4-Skin Ranch Mink Scarf Dyed Black Persian Paw Coat Dyed Gray Lamb Coat ' $100 $100 $100 $100 $I00 $I0O $100 $100 ' ..$100 $100 $100 -$100 .$100 .$100 'Dyed Blue Mist Muskrat Flank Coatl$100 Pearl Gray Dyed Muskrat Belly Strollers $100 Dyed Marmot Cape Jacket. $100 Dyed Persian lamb Cape $100 Blond Dyed Sheared Raccoon Flank Coat $100 Sheared Raccoon Stroller $100 4-Skin Silver Blu Mink Scarf $100 4-Skin Royal Pastel Mink Scarf : $100 Dyed Muskrat Northern -Back Coat $100 Dyed Marmot Coat $100 $100 $!00 Moire Black Dyed Kid Coat Dyed Mouton Processed Lamb Coat- Dyed Buff Sheared Raccoo- Sides Jacket $100 Dyed Pearl Gray Imported Kid Coats $100 -Chiffon Dyed Squirrel Belly Coats $100 Dyed Processed Lamb Jaeket: $100 Dyed Gray Kid Coat $100 4-Skin Mink Scarfs Wild ! $100 Dyed Moonglow Muskrat Flank Jackets $100 Gray Lamb Caracul CoatJ ! $100 3-S.kin Baum Marten : ,$100 Dyed Persian Paw Jacket '. $100 Marmot Coat $100 Three Natural American Sables $100 Dyed Muskrat Flank Coat : $100 Dyed Kid Coats $100 Natural Kid Coat $100 Dyed Brown Squirrel Belly Coat $100 Dyed Gray Squirrel Belly Coat $100 Let-out Marmot Cape $100 $100 $100 $100 Marmot Stoles Dyed Squirrel Back Cape .Dyed Muskrat Flank Coat Federal Excise Tax Now Only 10 Three-Year Guarantee on Workmanship and Materials Only 10 Down Take 18 Months to Pay Immediate Delivery or Free Storage RESTYLE YOUR OLD FURS $ INTO 1955 STYLES 29 50 OUR MR. STERN In Attendance To Help You With Your Fur Problems , Fur Products Labeled to Show Country or Origin of Imported Furs. AD'RIENNE'S 214 EAST MAIN STREET PHONE 2-7169