Medford mail tribune. (Medford, Or.) 1909-1989, July 12, 1957, Image 8

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Medford mail tribune., July 12, 1957, Image 8

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Newspaper Page TextEIGHT MEDFORD (OREGON) Looking Bull Market Squarely in the Eye Doesn't Reveal Age BY ELMER C. WALZER United Prest Financial Editor New York W You can look a bull market right square in tne ee without getting one single clue on his age. Take the c u rrent bull market. Most eve rybody admits we have one. But how old is it? There are those who will Donald Gonzales say without a ilinch of their moustaches that this one dates back to April 18, 1942, for industrials when they were at 92.92 and to June 2, 1942. in rails then at 23.31. There are others who aver the birthdate of the bull market now in progress is June 13, 1948. when industrials were 161.60 and rails 41. 03 in their respective averages. Ns Argument Over Volume A few will say there hasn't been much of a bull market for a year and a half or so, or since the industrial average last made a record high on April 6. 1956. No matter what date is chosen, there is no argument over the volume of trading. Right now the average for 1957 to date is 2,152,744 shares daily. That's at an annual rate of turnover of listed shares of a bit less than 12 per cent. If this rate were to hold, the year would be the smallest on HORNBROOK rrl Holiday Visitors Listed BY MRS. H. H. CHAPMAN Hornbrook Mr. and Mrs. Paul Greene and their grand daughters, Linda and Lydia Greene, spent last week camp ing on the coast, at Patrick's Point State Park near Trinidad, Calif. On July 4 they were join ed by two of their children and their f a m i lies, Mr. and Mrs. David Mallow and children of Ft. Jones, and Mr. and Mrs. Ken neth Greene and children of Eureka. Other vacationers at Eureka last week were Mr. and Mrs. George McCann. Ermin Leonard and Steve Bear drove to Portland las week where they visited relatives, and on July 4 attended the rodeo at St. Paul. ' Mr. and Mrs. Milo Dilley and nd daughter, Betty, moved last week to Reno. Nev. where Dilley has been employed since last November. Mr . and Mrs. L. Everett Jeter visited then- daughter and son-in-law. Mr. and Mrs. Richard Campbell, in Chico, Calif., last weekend. Mr. and Mrs. F. J. Jensen and and daughter, Judy, of Lucerne Valley in San Bernardino coun ty. Calif., have been visiting her parents and brother, Mr. and Mrs. L. L. L o c k w o od and Wimpy." Mr. and Mrs. Joe Thornton left on Sunday for their home in Stockton after a two week's visit with her parents, Mr. and Mrs. George Sloan. Matt Johnson has been visit relatives in Portland the past week. Two farewell parties were held in Copco this week. One of hem. at Mrs. Jacobsen s nome. honored Mrs. Thurman Turner who is moving to Klamath Falls where Turner has been trans- fered by Copco. Guests were iur Nancv SheDard. Mrs. Jean Chappel, Mrs. Crystal DeShaz er. Mrs. A 1 1 a Crandall. Mrs. Genny Trullinger, Mrs. Zona rnleman. Mrs. Deardorf. Mrs Ellen Wilson and Mrs. Waltina Trirta v. Mrs. Mary Stinson was guest of honor at the other party wnicn was given at her home by Mrs. Nancy Shepard. Those present were Mrs. Jean Chappel. Mrs. Crystal DeShazer, Mrs. Waltina Friday, Mrs. Alta Crandall. Mrs. Paulie Holcomb, and Mrs. Gen ny Trullinger. Both parties were combined with the reg ular weekly meetings of the Pinochle club. Mr. and Mrs. Stinson are moving soon to Tok ettee Falls, where he will re sume his job with Copco. Mr. and Mrs. Jack Holcomb have moved here from Tokettee Falls. Two bob-cat kittens were kill ed this week near the old Sloan ranch by Ken DeShazer. Jack Sheppard, and Taylor Yocum. Ricky Trullinger. 10-year-old son of Mr. and Mrs. Dick Trul linger under went surgery Wed nesday at Sacred Heart hospital in Medford. Mr. and Mrs. Jim Pixler and son of Yreka were Sunday visit ors at the home of Mr. and Mrs. Dick Trullinger Mr. and Mrs. Carl Finch and MAIL TRIBUNE a turn over basis since 1942 If this bull movement dates back to 1942. the industrials are up 459 per cent today and rails, up 561 per cent. If the 1948 date is accepted the industrials are up 221 per cent and rails 271 per cent. Take your choice, say the old timers, who ruefully admit they don't know much about mar kets of these days. And, the youngsters will tell you the same thing. These markets just don't oper ate according to the old rules. The things that throw themv off are high taxes, regulation, pen sion and other funds, and in flation talk. Trading Highly Speculative As one expert put it, the trad ing is highly speculative. No one wants to buy a stock that isn't heading for several hund red dollars. The aim is to buy the imaginative issues and neg lect the good substantial stocks, he says. This market analyst also noted that instead of a big percentage of stocks rising in a day the best days show just about as many unchanged and lower as there are gains. Wednesday, for example when the market aver ages rose sharply, there were 573 issues higher while the com bination of issues lower and un changed amounted to 631. No matter how old the bull market is, the old-timers insist it could stand a little rest for con solidation purposes, if nothing else. their flrandson. Billv. Burk. of Sacramento have returned home here after a two-week trip' to uanaaa wnere tney visnea iri ends and relatives. Week end guests of Mr. and Mrs. Jack Shepard were his uncle and aunt, Mr. and Mrs. Cecil Shepard who were en route to Tacoma, Wash., from their home in San Marino, Calif. Mr. and Mrs. Morrie Chap pel and sons spent last weekend at Tokettee Falls visiting fri ends, and where they were guests of Mr. and Mrs. Jack Claybaugh at their home. Mrs. Louise Newhouse of Bend spent last week with her daugh ter and son-in-law, Mr. and Mrs. Ken DeShazer and d a u ghter. Week end guests of the DeShaz ers were Mr. and Mrs Floyd Koontz of Oakland, Calif. Mrs. Alta Crandall visited re latives in Medford and Rogue River last week end. CANINE DENTIST Bell Buckle, Tenn. W A Chihuahua noe Dulled little Steve Rigney's tooth. The boy's father had tied a string around Steve's loose tooth and Steve the floor when the dog grabbed the string, pulled it ana Steve s loom. Illinois Institute of Technol ogy engineers report they have developed a battery witn oj times greater potential voltage and 10 times longer storage life. Court Records Ml'MI IPAI. COL'RT Claude Francis Grigsby, disobeying traffic signal. S3. William A Rosenbalm Jr.. disobey. ine stnn sien. S3. James F. Addington. violation of basic rule. 510. Robert Edward Gould, no license Dial I- lieht. $250. Barbara Lee Palmer, excessive noise. S10. James Eldon Wheeler, inadequate equipment. S10. Gale Gwendon Kimball, violation of hacir- ml 10 Iva Nola Martin, violation of basic rule. $10 Yvonne Ruth Reynolds, violation "-of basic rule. S10. Roland James Shupe. violation of basic rule. S10. Archie Grant Morrow, failure to yield right of way. sin. Myron Olaf Hanson, violation of basic rule. $10 Perry Houston Sneed. excessive noise. S3 Alva Edward Leopard, improper lane usage. S3. DISTRICT rOl'RT Joe Blass Sullivant, failure to stop at stop sipn. $10. Ernest Ray Frances, overload, $63. Rodnev Howard Thackeray, viola tion of basic rule. $15, bail forfeited. Jack Robert Shuey. overload. $20. Robert James Gregg, overload. $25. Claron William Henderson, improp erly changing lanes. $10, violation of basic rule. S10. Page Ellsworth Severson, failure to stob at stoo siRn, $10. James Warren Straus, failure to stop at stop sign. $10. Emery Roland Caldwell, violation of basic rule. $15. William Sidney Goldin. no emerg ency brake. S6. Dayton Kingsberry Varner. follow ing too close. $15. Wiltiam Everett Kennedy, inadequ ate muffler. $15. Ernest Randolph Armstrong, drunk on a public highway. $30. CIRCIIT COt'RT Jessie Jo Ann Waelty vs. Deward Owen Waelty. divorce complaint. Patricia L. Witt vs. Ralph L. Witt Jr.. divorce complaint. Heartburn? Always carry fast-acting Toms for top-speed relief from acid indige4 tion.No water needed. No waitingy CwrlOleloi Friday. July 12. 1957 Family Council Peggy J Mother treats me like a baby. Mm. D. J I am trying to keep her in check. Peggy J. I am a girl of 15, but everyone tells me I look a lot younger. As a result, boys do not ask me out. All my friends have been dating for two years, but I hardly ever go any place. It is all my mother's fault. She didn't let me wear any lip stick until this year. Even now, she makes me come back and wash my face if she thinks I have too much on. She chooses all my clothes and makes me wear babyish dresses. The few times I have gone out, she lec tures the boy so much about what time to bring me back that the fun is all spoiled and the boy never calls again. It has gotten so bad that all I can think about is running away. I want to go some place where I can be free and not treated like a baby. I have a married half-sister and she says she sympathizes with me be cause she went through the same thing, but she can't help me. . Mrs. D. J I am at my wit's end to know what to do about Peggy. We live in a bad neigh borhood. There are some very rough kids around and I worry about her all the time. I do not like her going out with these boys at all. There is plenty of time for that. Unfortunately, we can't move. We own our house and have a business here. As a result of this situation, Peggy's sister made a very bad marriage. I am try ing to prevent the same thing from happening to her. I feel that if I can keep Peggy in check for the next two years, everything will work out for the best. She may go to college, but if she doesn't she will go out to work and will have a chance to meet nice people. It makes me sick when I see her running around with some of the kids who live around here. She's a pretty girl and I have high hopes for her. The Council: Keeping Peggy "in check" when all she can think about is "running away" is like sitting on a keg of dyna mite. Even if Mrs. D. J. should be able to succeed in keeping the explosive situation under control, it would not be the best thing for Peggy, who has a per fectly normal desire to enjoy the social life other teen-agers have. Mrs. D. J.'s fears are probably running away with her a bit. Few neighborhoods are so tot ally "bad" that there aren't some nice families in them. There are supervised church groups, school groups, neighborhood groups that attract bright, well-behaved boys and girls. Mrs. D. J. should make the effort to seek out such groups and encourage Peggy to join them. She should try to teach Peggy how to evaluate people and their behavior, so that the girl will be able to find her own way around socially. Mrs. D. J. should not con demn all the youngsters in the neighborhood simply because they live there. After all, her own daughter happens to be neighborhood "kid" too. Peggy is old enough to choose her own clothes. Dressing her and treating her like a baby is cruel and will add fuel to her already flaring rebellion. (COPYRIGHT 1957. GENERAL FEAURES CORP.) Instruments sensitive enough to detect a white tennis ball a distance of 1,000 miles are -used to search for satellites other than the moon according to the Illinois Institute of Tech nology. Pussy-Footing Around For A VACATION LOAN? GO NO FURTHER! SEE US NOW! Repay In Convenient Monthly Payment! LOANS FROM $25.00 to $2,500.00 Automobile Furniture Salary COMMERCIAL INDUSTRIAL FINANCE CORP. Phone SP 3-4564 Sparta Bldg. Medford On The Side (Distributed by King Having heard that a man nam- ed Maltz had his name legally changed to Harry S. Truman, a young woman of Manhattan wants to know if he could have her name changed to Marilyn Monroe. She certainly could. There is now law against it. In this connection, it is worthy of note that I have a reader named Marilyn Monroe. That is her real name. She is a secretary in Manhattan. As you know, the real name of the actress profes sionally known as Marilyn Mon roe is Norma Daugherty. It was Ben Lyon who suggested she take the professional name of Marilyn Monroe. That Bulge Have you one of those bulges facetiously referred to as "a corporation"? Do you want to get rid of it so your wife won't be ashamed of your appearance in a bathing suit? What follows is an exercise Gayelord Hauser maintains will eliminate said bulge. Breate in. Hold it to count of 10. Breathe out. Do this 10 times daily. Passing By . Otto Bismarck. Distinguished culinary expert. He is chef of the world's most popular ocean liner, which is, of course, the good ship United States. Otto is the orignator of many delicious menu items one of which is kangaroo tail soup. Economy Have you written your Con gressman lately? What is he per sonally doing to aid in cutting down the current high expenses of government? India is now en gaged in an economy drive as to government expenses. Pre mier Nehru, whose salary has been the equivalent of $500 a month, has taken a 10 per cent ! cut. Not only that, Premier j Nehru who is 67 years old, is learning to ride a motorcycle. He intends to use a motorcycle reg ularly and thus save the use of an official automobile. Complaint If in an effort to get tickets for any New York legitimate stage production, you are sub jected to what you consider un fair treatment, send your com plaint to Bernard J. O'Connell, Commissioner of Licenses. Your complaint will be courteously and carefully considered and if justified you will get action on it. Among the Married Have you bought your wife a mink coat? If so, you are en titled to have a vicuna overcoat. This is a garment made of vicuna cloth which is made from the hair of a camel-like South American animal. A vicuna over coat costs about $735. Throw out a hint to your wife that you would like to have one for a wedding anniversary present. The vicuna coats are noted for their great warmth and remark able lightness. Asides The first synagogue In Dublin, Ireland, was built on Crane Lane in the. Irish capital nearly 300 years ago. To be exact in 1660 A.D. . . . What actor, still active in his profession, has had the longest stage career? Can you top the record of 87-year-old A. E. Matthews, who has been on the stage 70 years? Greatest Who is the world's greatest plastic surgeon? My nomination is Sir Archibald Mclndoe of Eng land. Sir Archibald specializes in mending the faces of persons dis figured in accidents or by war injury. In Great Britain there is an organization of former mem of the Royal Air Force known as "The Guinea Pig Club." Every member of this club has benefit ed by plastic surgery perform ed by Sir Archibald Mclndoe. It has 600 members! Asking Queries from clients. Q. Are you familiar with the poem be ginning, "When you were a tad pole and I was a fish"? A. Yes, ma'am. It is titled "Evolution" and was written by Langdon Smith. Q. I claim Eddie Foy and the Seven Little Foys ap ' By E. V. Durling Feature Syadicare. Inc.) peared in a silent film produced about 40 years ago. Right? A. Quite right sir. The film you have in mind was titled "A Fav orite Fool" and was produced at the D. W. Griffith studios in Hollywood in 1915. Judge Overturns Conlempl Verdict Washington (IP) A federal judge has overturned the con tempt of Congress conviction of Seymour Peck, New York Times deskman who balked at telling Senate investigators about poli tical views of past associates. Judge Luther W. Youngdahl ruled Thursday that the resolu tion setting up the Senate In ternal Security , Subcommitte was vague. Furthermore, he said, the subcommittee's practice of asking witnesses about past political associates is an "in tolerable" invasion of privacy. Youngdahl's decision was in line with the recent Supreme Court Watkins decision saying congressional investigating com mittees must have a legitimate legislative aim and must spell out their purposes to witnesses. Peck told the Senate subcom mittee of his own Communist af filiations from 1935 until 1949, but he declined to identify others as party members. He was convicted of contempt by a jury in Youngdahl's court HERE WE GO AGAIN! Yes, we are moving. We must have more space, thanks to you, and to all of our fine Assureds. THE PLACE - OFFICE PARK 1133 South Riverside, Cottage Number 6 In the same yard with the P.U.C. Office THE TIME Monday morning, July 15, 8:00 a.m. TELEPHONE NUMBER The same, SP 3-5090. MAILING ADDRESS The same, P.O. Box 283, Med ford. OUR SERVICE Unlimited, with added office and out door personnel. OUR COVERAGE We insure anything that can be in sured. PARKING SPACE FREE and plenty of it. COME IN and enjoy our new AIR-CONDITIONING! ' Ed Atkins ATKINS INSURANCE AGENCY OFFCE NUMBER 6 1133 South Riverside Medford, Oregon Sticky Fluid From Trees in Honey Dew The sticky fluid dripping from maple trees is caused by insects, according to Don Berry, county horticulture agent. One of two different bugs may be ' responsible for the sticky honey dew which causes maple trees to take on a shiny ! appearance and drip a sticky , material on automobiles, bicy-1 cles, chairs, tables, and other j objects under the trees, Berry i said. Cottony maple scale is the ; most prevalent cause of honey i dew. On some maples aphids, however, are also causing trou ble. Cottony maple scale is rec ognized as white cottony blobs on the twigs and smaller branches and is first noticed in i spring and early summer. From the cotton masses, thous ands of tiny crawlers emerge i during the latter part of June. The yellow crawlers, barely vis ible to the human eye, soon set- Iie on tne twigs ana ionage ana , begin secreting a sticky fluid called honey dew which drips down and causes articles under the tree to become covered with a sticky coat. Control measures consisting of one gallon of summer oil plus Egyptian silversmiths as early as. 2000 B. C, used primitive forms of "wet" electric batter ies in electroplating metals, ac cording to recent archaeological discoveries. Donald H. F. Miller 0 OrrfL ..... Mciflhor could tfly, btrf fthoy soloed fto freedom These (wo escaped -but 70 million others re main captive behind the Iron Curtain. And these are the people at whom Radio Free Europe beams its daily broadcasts. Escape is not its aim. Radio Free Europe penetrates the Iron Curtain to spread truth ... to strengthen hope and resistance. Said the youths above, "It ( Radio Free Europe ) added courage and strength to strained nerves. Tit offered us... a hope for a better future," said a young nurse who fled to the West Support Rodio Fre Europe Snd your MEDFORD MAIL TRIBUNE two pounds of 25 per cent mala thion powder per 100 gallons of water, should be applied after the crawlers emerge. This spray combination would also control aphids and thus give a double barrel effect in cleaning up the honey dew. Berry explained. BROOKS ELECTRIC & PLUMBING 1016 North Riverside 1 H.P. - 110 Volt - Model SW100C With Custom 8 Position Control WESTINGHOUSE Air Conditioner Rum on normal house current saves on installation, saves up to 40 on electricity! Thinner, low er, smarter too, there's no bulky overhang blends with your home inside and out. Has builHn thermostat adjustable no draft grills, many more big features. This Price Good Thru July 15 Only YOU CAN BE SURE. ..IP ITS Atyfcstinghouse WE GIVE S&H GREEN STAMPS They had iwvcr flown before. But early one morning Zdnek Machilner, 19, and Karel Kucera. 20, tied up a Czech guard and wobbled to the safety of West Germany in a stolen plane. "Everybody is listening- even the Communists," said an escaped Czech skating champion. From 29 powerful transmitters, Radio Free Europe broadcasts up to 20 hours of truth a day to five key satellite countries Poland, Czecho slovakia, Romania, Hungary and Bulgaria. And how the Communist bosses fear it! Each dollar you contribute of Truth on Radio Free Europe. How many minutes will you give? Truth DoKom to: CRUSADE for FREEDOM BANKER DIES San Francisco HP George J. Giannini, 80, a member of the widely-known California bank ing family and a former vice president of the Bank of Amer ica, which was founded by an older brother, died Thursday. Phone SP 2-5209 S (Bid oo NOTHING DOWN 4.00 A WEEK sponsors a Minute km ns tummy