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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (April 20, 1955)
TWELVE MEDFORD (OREGON) MAIL TRIBUNE Wednesday, April 20, 1955 End Near in Helser Case; William Warner Testifies San Francisco (U.R) Attor neys were expected to wind up arguments for both sides today in the trial of J. Henry Helser Company of Portland, Ore., on charges of violating securities laws. The case, which resulted from charges filed by the Securities and Exchange Commission, is being heard before Federal Judge Louis E. Goodman. The judge recessed the hear ing a half hour early yesterday to permit counsel to agree on what remaining evidence would be heard. Attorneys for both sides indicated they would con clude cases today. Yesterday's session was made up largely of testimony by Hel ser employees as to the sound management that the investment firm afforded its clients. The estimony was designed to refute SEC charges that Helser dealt in volatile and cyclical stocks that were highly specu lative and moved in a wide price range. William J. Warner, president of the Jackson County Federal Savings and Loan Association in i Medford, Ore., testified that J. Henry Helser and his Medford staff had never made any guar antees as to safety of principal or assured income from his se curities account. Warner testified that Helser had explained to him personally the investment management firm's fee system charging each client $1 per share of stock on the purchase or sale. Warner said Helser had also told him about the firm's use of "margin." Inebriated Burglar Easy for Policemen t Chicago (U.R) Walter Per nal is the police department's favorite kind of burglar. In trying to loot an apart ment, Pernal climbed an out side stairway in daylight, smashed a window with such a resounding crash and made so much noise that an upstairs tenant phoned police. He drank so much liquor in the apartment he was helpless to resist arrest. 0 I First time in Southern Oregon I Forever Young Fashion Show SATURDAY 11:30 and 3:00 COUNTESS RENEE de SIERRAGORDA Glamorous fashion ex pert, will appear with her lovely models and will narrate at both showings. I I :. w MEDFORD Political Parties Clash Over Dulles' Yalta Testimony Washington (U.R) Democrats and Republicans clashed heated ly today over Secretary of State John Foster Dulles' testimony on the Yalta agreements and his explanation of how the long secret Yalta papers were re leased. Senate Republican Leader William F. Knowland. accused Sen. Hubert H. Humphrey of giving newsmen a "distorted and unfair interpretation" of Dulles testimony behind closed doors before the Senate Foreign Relations Committee yesterday, j Republicans Angered What angered the Republicans most was Humphrey's statement to reporters that Dulles thought some of the Yalta agreements have been of value to the United States and that the GOP does not plan to repudiate the agree ments as promised in the party's 1952 campaign platform. He also quoted Dulles as say ing that in light of the "times and circumstances" in 1945 the much-criticized agreement on Poland looked like a good ar rangement at the time. To Release Transcript Humphrey announced at the meeting that he planned to make public a transcript of his own questions and Dulles' answers. The Minnesota Democrat, one of Dulles' most intensive ques tioners, said he did not feel bound by the closed-door rules because Dulles' own prepared statement on the Yalta release was made public. Knowland said Humphrey's action "is a violation of the rules and precedents of the mittee." 't SLAYER OF SIX Accused of the slaying of six persons, Leslie Irvin, laborer and pa roled convict, is being held at Evansville, Ind. Three men and three women were killed in the same fashion bound and shot through the back of the head. com- Deetz Doubts New Milk Price Fixing Legislation Portland (U.R) Rep. Elmer Deetz (R.-Canby) said yesterday there was little chance that the current legislature would enact any new milk price fixing legis lation. ' Deetz last fall led a movement which resulted in repeal of the state's milk marketing law. HEADS MEDICAL ALUMNI Portland (U.R) Dr. Henry C. Blair, an orthopedic surgeon and professor, was elected presi dent of the University of Oregon medical school alumni yester day. He succeeds Dr. Howard C. Stearns. IM&i 23 tarn - Big Savings on your favorite stockings Berkshire's "Get-Acquainted" SALE Full-fashioned long-wearing Berkshire stocking beauties, with NYLACE TOP and TOE-RING, Berkshire's exclusive 2-way protection against runs! ' All sizes in the exquisite new shades. Short, medium and loner loncrt.ha. lPair Nylace 15. 15 denier, 60 gaugt Regular Price 1.65 Sale Price 129 -3.79 yNylace SO. SO denier, 51 gang ylS denier, 60 gauge (plain or dark seam) Regular Price 1.50 Sale Price 1.19 .-3.49 y15 denier, 51 gauge (plain or dark seam) ySO denier, 51 gauge Regular Price 135 Sale Price 4.09 -3.19 Dust Storms Half Traffic; Midwest Ripped by Winds By UNITED PRESS A spring squall line raged across the Midwest for the third straight day today and blinding dust halted traffic in parts of the Southwest. The Midwest, ripped by storms which were the worst in 20 years in some areas, was warned to be ready for a wide storm front sweeping out of the Dakotas. The squall line, trailing cooler air behind it, was expected to reach Central Lake Huron by tonight. Michigan was told to expect 50 mile per hour winds. Two more storm fronts were sweeping eastward through Oklahoma, threatening hail and high winds. Elsewhere in the Southwest, winds up to 69 miles per hour rolled up billowing dust clouds over most of Kansas and parts of Colorado, New Mexico, Texas and Oklahoma. The gusts hit their peak at Pueblo, Colo., yesterday, cutting visibility to zero. Trees were uprooted and, in the northeast corner of the state, dust-filled winds stopped traffic cold. In West Texas, the dust cut visibility to a half mile at Child ress and to a mile at Big Spring. Tornadic winds swept across the midwest Monday night, hit ting the wealthy Chicago suburb of Evanston with the worst storm in 20 years, and yesterday winds rose to 70 miles per hour in Northern Illinois. , Heavy rains also soaked parts of the Northern California and Oregon coasts. Women, 75, Sought In U. S. Photo Contest A nation-wide search to find the most photogenic 75-year-old woman is being conducted by the Photographers' Association of Anferica in conjunction with its Diamond jubilee year cele bration. All women who were born in 1880, the year the pho tographers' association was founded, are eligible to join in the contest. Landis - Shangle studio, West Main and Grape sts., is partici pating, and contestants may contact the studio for further in formation or appointments. No charge is made for having the photographs made and the pho tographer who makes the win ning portrait also will receive prizes. Need A Place To Hang Your Hat? Investigate Jackson County Federal HOME LOANS for building . . purchasing . . remodeling ... repairing ... P LOAM ASSOCIATION 126 East Main St. Medford PUT BEAUTY IN YOUR HOME WITH FEHRO BONO RUBBERIZED Settle WALL PAINT This fast drying rubberized satin wall paint is made especially for use on walls, ceilings and woodwork. 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