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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 1, 1956)
e mm Local and g, In South Dr. and Mrs. W. E. Bracker and sons, Spike and Mark, route 1, were recent visi tors to Disneyland in Anaheim, Calif. Retires Name The assumed business name Preston Hereford --sanch has been retired by Frank C. Preston and Charles C. Chit tock, according to records in the county recorder's office. Flue Fire A fire truck stood by at 2:10 p.m., Saturday, while a flue fire burned out at tl M. S. Lyster residence, 1442 Eu clid ave., acceding to Medford fire department. No damage was reported. Not Turning Paul R. Yocum, 52, of 1142 Spring st., Medford, whose pickup truck was involved in a three-vehicle accident on Highway 62 near the Camp White entrance Thursday morn ing, said he was not turning at the time of the accident, as pre viously reported. Yocum said he was traveling south on the highway. Other vehicles involv ed were operated by Marvin Stanley Cook, 23, of route 1, box 435, Ashland, and Verlan Clair Jacoby, 66, of 940 Murray st., Medford. Early Bird Show! 5:45 P.M. TON1TE! 3 James CAGNEY TECHNICOLOR ''' " wunii not. t$ti lolert Wilton YOUNG- MITCHUM-HOLDER ttaclicJ anrf th nto.Moio nctuit 812 CRATER LAKE AVE. PHONE 2-4464 Italian and American Dinners HOLIDAY HOURS Sunday and Monday Open from 1:00 to 9:00 p.m. i: TONIGHT!: Sunday Jan. 1st TREMENDOUS j presentnig AND THE Blue Grass Boys AND QUARTET DIRECT FROM THE Grand Ole Opry Shenandoah Valley Trio and 0 Freddie Hart Terrie Fell Lefty Frizzell Don't 'Miss This Star-Studded Show It's Terrific! Packed with Fun and Laughs! TOPS IN ENTERTAINMENT! ROGUE VALLEY BALLROOM Personal Chimney Fire Firemen an swered a call to a chimney blaze about noon Friday at Leonard Electric store, 309 East Main st. They reported no dam age) Director Visits Charles Smith, assistant director of Ore gon extension service, Oregon State college, spent Friday and Saturday in the Rogue valley. Smith conferred with staff mem bers at the county agents office and met with the county court. mm Burned Mrs. Betty Fitchner 227 North Oakdale ave., suffer eriL second degree burns about the face and hands Thursday when a gas oven exploded at the Fitchner home. She was treated' by the family physician at home. She was burned when the sweater she was wearing caught fire. Report Accidents Three auto accidents were reported Friday and Saturday by city police. Joseph H. Morris, 442 South Fir st., was cited for following too close after his truck - collided Friday on North Riverside ave., at Manzanita st. with a sedan operated by John O. Smith, Hay fork. A sedan driven by George H. Schwieger, 1940 Orchard Home drive, was damaged Fri day whe struck by a coupe which failed to stop following the collision, police said. Cars driven by Flossie I. Murray, 3734 Crater Lake highway, and June J. Johnson, Talent, collidedat urday morning at Sixth and Bartlett sts. Obituaries TIMOTHY DURKIN The 2-year-old son of Navy Cmdr. and Mrs. Thomas C. Dur kin, Naval Air Station, New Or leans, died following a brief ill ness and surgery on Dec. 29, ac cording to word received here. The little boy, Timothy James Durkin, was the grandson of Mr. and Mrs. Earl D. Day, Blue Moon Ranch, Central Point. Mrs. Dur kin is the former Nancy Day. The coupje was to arrive here by air today. Funeral services will be private. John Day, Medford, and Ben Day, Salem, are uncles of the boy. Americans use more than 500,000,000,000 matches a year. DINNER HOUSE Jailed Albert Lee "Wilcox, 305 South Oakdale ave., was lodged in the county jail Fri day following his arrest by city police on suspicion of obtaining money under false pretenses. Po lice said it involves a number of checks written with insuffic ient funds. Daughter Born . Mr. and Mrs. Stanley Yates, Empire, are parents of a daughter, Janet Kathleen, born Dec. 27. The baby was born on the 39th wed ding anniversary of her grand parents, Mr. and Mrs. Sam Yates, 628 North Riverside ave. She is the Stanley Yates' third daughter. News of the birth was sent by Sham radio, as other communications to the valley were not available because of flood conditions, the family re ported. .y Two Grandsons Born Mr. and Mrs. E. B. DeVoe, 12 Glen Oak court, have received word of the birth of two grandsons Their son-in-law and daughter, Lt. Col. and Mrs. Sheridan W Cavitt, now living in Greece Where the officer is on duty, are the parents of a son, born De cember 20, and Mr. and Mrs. David C. McGarry, Seattle, an other son-in-law and daughter of the couple, are the parents of a son, Ernest Eugene, born De cember 29 in Seattle. The Cavitts have two older sons, Ronny and Joey, and the McGarry's have three older children, Peggy, Da- bvid and Marianne. McGarry is a Navy chief. The DeVoes were in Seattle when news of the birth of the Cavitt's son came by radiogram from Greece. News About . Servicemen VISITS FAMILY Paul T. Walker, an airman third, class, is to leave Monday for Fairchild Air base, Spokane, Wash., after visiting his parents, Mr. and Mrs. Grant Walker, Eagle Point. ASSIGNED Larry R. Edwards, whose wife lives at 1059 Park st., Medford, has recently been assigned to the 187th airborne regimental combat team, Ft. Bragg, N. C., for advance military training. A former student at Medford high school he volunteered for para chute' training. He will undergo advanced individual training be fore becaming a paratrooper. Upon completion of an eightr week ground course he will gract uate to the airborne training, where he will be taught "the techniques of making a para chute jump. MARINE VISITS Cpl. Jack Antonson of the Ma rine corps supply center, Bar stow, Calif., is visiting in Med ford with Jerry Perkins and the Iatter's parents, Mr. and Mrs. A. M. Perkins, 2322 East Main st, ' Cpl. Antonson, a Medford high graduate, has been visit ing his mother, Mrs. Doris An tonson, Silverton, a former Medford resident, and will be in the valley until Jan. 3. Four Planes Reported Missing Near Utah Salt Lake City U.PJ Three light planes with five persons aboard were reported missing last night on flights into Utah but two of them were found, with their occupants safe, after harried, searches. A fourth light plane was re ported to have crashed in Colo rado's mountainous Park county about 20 miles south of Fairplay. But it was not believed to be the third craft that was still miss ing while en route to Utah. GASCON To Mr. and Mrs. Leonard, Gold Hill, Dec. 31, 1955, a boy, weighing 7 pounds, at Osteopathic hospital. ZEMKE To Mr. and Mrs. James R., Ashland, Dec. 31, 1955, a boy, weight 8 pounds, at Osteopathic hospital. GRISSOM To Mr. and Mrs. Donald-, Lake Creek, Dec. 30, 1955, a boy, weighing 8Vz pounds at Osteopathic hospital. CARD Or THANKS j May we take this method of thank- I ing the complete staff at the Sacred Heart Hospital & Dr. Heyerman, Dr. j Meyer, Dr. Shasky, Dr. Miller & Dr. j Brandenburg, also the Eagles Sz Aux- ! iliary &z all our fgends in Medford. i Ashland & Grants Pass, for all their ! work and kindnesses during the re- j cent illness of our daughter Karen. I Mr. and Mrs. Elzie Johnson j 1004 S.W. "I" St. Grants Pass. Oregon ' COUPLES NITE Every Tuesday at ASHLAND SKATEWAY Couples Admitted for Single Admission Price Babson Sees (Continued from Page 1) - help of religion. However, statistics on church membership un fortunately cannot be entirely depended upon. , Forecast For Stocks and Bonds 40. Interest rates will start the year at high levels, but later I look for some easing to help the building industry. The present administration will not allow highs money costs to bring about unemployment. 41. Seasoned dividend-paying stocks will do better in 1956 than the more speculative issues. Stocks will follow individual prospects more closely, rather than the curve of business entirely. 42. There will be ort or two bad breaks during 1956. Railroad stocks will move lower. Biggest declines are likely in auto and residential-building-materials stocks. Utilities will hold up best. 43. I am not making any extensive recommendations, but prefer to select smaller, well-seasoned, undervalued situations for security and good long-range prospects. Those in which I have great confidence are the top-ten group of variety chain-store stocks. 44. If the rallies continue to be less impressive than the declines in the stock market, I feel that the money managers will reduce stock margins before long. 45. Bank, ..insurance company, and certain-investment trust stocks should continue to be a refuge for the uncertain investor and for those whocseek security and income without reference to prices or marketability. Aircraft Stocks May Suffer 46. Aircraft stocks in 1956 may suffer from increased govern ment renegotiation. This will be a serious threat if the Democrats win next autumn. 47. Soundly financed natural gas stocks should continue to enjoy good growth during the year ahead. i 48. We will hear much more aboirt new industry and new inventions during 1956. Many very important developments are on drawing boards and in test tubes. 0 49. Canadian stocks have reached their peaks for this cycle. This includes the uranium craze. On the other hand, the time is coming when the greatest stock market profits will be in con nection with Canadian stocks. 50. Economic education will continue more and more a factor throughout 1956. The advertising which the New York Stock exchange is now subsidizing will continue. This will be followed by labor-union and educational programs. The growth of colleges and institutes of business administration will continue. . I now see no depression ahead for 1956, but, of course, itock prices will not "grow to the skies" and there must be a sad readjustment some day.0 Investors are already beginning to switch from common to preferred, stocks, and especially to non-taxable bonds. o Liltle Change Seen In Grocery Budget Chicago (U.R) When a house wife makes out her grocery budget for 1956, she can count on about the same prices for meat as she did in 1955, Depart ment of Agriculture economists said today. Choice beef misht average a few cents a pound higher, while pork prices maybe slightly less than their 1955 average, but ave rage prices for all meat are ex pected to remain nearly the same. r rom xne larmer s viewpoint,, profit margins in livestock will stay rather narrow in 1956, ac cording to Agriculture Depart ment forecasts. The laree suonly of meat in 1 955 was met bv consumption averaging 158 pounds per per son, second only to 1908, when 163 Bounds of meat were eaten by the average American. Fore casters believe consumption will remain high in 1956. Business economists estimate that illness and nremature death in the United States result in an nnual economic loss of about $10,000,000,000. Birds have become extinct In historic times on only two of the Continents, North America and Australia. WATSON'S STEAK HOUSE 3310 No. Hiway 99 Phone 3-1678 Choice of Dinners-$1.00 SPECIAL SUNDAY DINNER Complete OPEN 7 A.M. TO 8 P.M. L. ILX&M.CIE (MS EAGLE The Only Spring Floor Dance To The Combined Music of Dick Spain, Bill Lively and The Grand Ole Rogue Valley Boys: Harold Williams Bob Smith Featuring THE BEST IN WESTERN SWING1 Tune In . Bill's -Western German Officers To Get U.S. Training 0 Washington U.P.) The first group of German officers to train in this country under the new military assistance agree ment with West Germany will arrive Monday. The group of 27 German offic ers, ranging in rank from Cap tain to Lieutenant Colonel, will arrive at Idlewild airport in New York, the Defense Department said yesterday. They will receive training at military posts in this country from several weeks to several months. Parents Lose Race With Stork For Second Time Madras, Ore. (U.P.) Rac ing the stork to the hospital is a losing game for Mr. and Mrs. Joe Mclnturff Jr. On May 31, a dash from Mad ras to Pioneer Memorial hospital in Prineville, 28 miles away, was climaxed with the birth of a girl, Aletha Louise, on the out skirts of Prineville. On July 17, 1954, the Mcln turffs were in a hurry to reach the hospital. A son, Tommy Joe, was born on the same outskirts of Prineville. Native species of wild grapes in the United States have -.den developed into widely used new species and also primary root stocks. -Only $1.00 - 7 DAYS A WEEK - POINT in Southern Oregon Ray Hanson Bob Burton . . KWIN Round-Up Time Sunday, January 1, 1956 Nation's Business In Next Year To Reach High Level New York (U.R) The nation's business in 1956 will move to a new all-time high level, business leaders and government econo mists predicted at the year-end. Most of the records rolled up in the boom year of 1955 will be surpassed, many by a wide mar gin, they asserted. Prior to 1955, the record business year was set in 1953. Most of the experts based their opinions on the expectation that all three major purchasing groups individuals, business, and Government vHll spend moderately more money in 1956 than they did in 1955. Barring a war, the United States should turn out more than S400 billion worth of goods and services in 1956, a level never reached in the history of the nation. Estimates at the year end for the gross national pro duct ranged from $404 to $410 billion. This compared with an everage of $387 billion for all of 1955. Reiail Trade a Stimulant Retail strade will also stimu late business in 1956. Full-year retail sales of about $192 billion are predicted. This represents an increase of around four per cent over 1955 which set a new record. Sales of durable goods prob ably will be up only Vi per cent because of lower auto sales, but non-durable goods sales should be about five per cent larger in the next 12 months. Inventories will, tend upward, but are not expected to get out of hand. Ur ban sales will account for prac tically all the gain in total 1956 trade. On the money front, interest rates are expected to continue to stiffen in the first half of 1956. However, the experts say they may level off in the second half. The Federal Reserve Board is expected to maintain a tight rein on credit as long as business is booming. Big Year For Building Building will also help to make it a good business year. Sunday, New Year's Day, ttart the new year right and treat the family to a nice dinner at the OAKWOOD COFFEE SHOP & KACHINA ROOM in Phoenix Our Specialty will be Ham. Also special children's plate. For Reservations Call 2-2429 Thank you RUTH & AL I 4 - - 1 9 J w war m - m IULMI J Bargain and MONDAY j AULTS Doors Open I O 6:45 P.M. I CLARK JANE ROBERT G1E-1H THE ClNlMASCOPf PLUS jeiCmndm MATINEE TOJ3AY 1 P.M. ESSIE ASH LAN Do ii in ir uiiBMivr fWf OWM STORY! i ew TECHNICOLOR AUWE MURPHY PLUS r l JACK PALANCE . BARBARA RUSH notm AifcLtessa SHE MEDFORD (OREGON) MAIL TRIBUNE FIFTEEN Total outlays in 1956 were fore casted to reach a record $43.5 billion against $42 billion in 1955. Stockholders in the nation's corporations also will reap the harvest from a good business year. Total corporate earnings in 1956 are expected to show a fractional gain over 1955. Full year dividends will about match the gain in profits. However, the experts temp NFAR Robert- L. Lippert Theatres CONTINUOUS SHOW? FROM 12:45 P.M. TODAY and MONDAY Holly o Craterian Esquire MATINEE TODAY 1 P.M. EVENINGS OPEN 6:45 P.M. STARTS Continuous Today & EVERYBODY LOVES mi tfigiLn uilllii...' y and so wiJ youf ; JANET JACK LEIGH LEMMON GARRETT ROBERT FOSSE KURT KASZNAR LUCY MARLOW LI LI SCARLET.. COLOR BY TECHNICOLOR A eOlUMtU PtCTUttE THE FIGHTING STORY Of A FIGHTING MAN ' . . . end th Court Martial They Gave Hint! fc WARNERCOL.OR with Orarles Plus JACK WEBB CONTINUOUS TODAY & MON. 1 p.m. ered their forecasts somewhat by saying the future of the na tion's prosperity depends on con sumers. If they maintain a high spending level it will be a year beyond expectations; it might prove to be a year of reduced business activity despite all the rosy predictions. The railroad tank car mad its first appearance in the U. S. in about 1865. ; TODAY Mon. from 12:30 p.m. TECHNCdOe BETTY PLUS .flame off the bayous! BICKF0& Ralph BELLAMY Rod STEIGER a in 24 HOUR ALERT
