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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 24, 1957)
Quotes From the News Br UNITED PRESS Jerusalem, Israeli Sector Israeli Foreign Minstry spokesman Moshe Lesham, on Egyptian seizure of an Israeli seaman: "The Israeli delegation at the United Nations has been instruct ed to lodge a protest against the treatment of the sailor and the ihip Birgitte Toft flying the Danish flag and carrying rice under charter to an Israeli company." Knoxville. Tenn. A weeping middle-aged woman, le segrega tioniit John Kasper after hit conviction for violating a federal court integration order: "No matter what. John, we still think you're a fine boy." New York Dr. Channing Tobias, chairman of the board of directors of the National Association for the Advancement of Col ored People on the conviction of seven segregationists at Knox ville, Tenn.: "The verdict vindicates our conviction that many persons in east Tennessee place observance of law and order, and compliance with the Supreme court's anti-segregation ruling, above whatever racial prejudice they may have." Miami Chief Miami Weather Bureau Forecaster Gordon Dunn, on future hurricane warnings: v "The warnings are going to be blunter than ever, and there'll be no reason for anybody to say our warnings were not sufficient ly strong to make people respond to danger." Jersey City, N.J. Hudson County Judge John B. Graf, to Wil liam Sira, 21, who appeared before him for a probation violation wearing three-inch long sideburns: "Shave your face before I see you again." . Chicago Chicago Daily Newt reporter Edward W. Baumann, writing of his assignment to tell a mother her ton had been killed: "You think about your job in the asphalt plant, before you be came a reporter. All you had to do then was pull levers." Cannelton, Ind. Perry County, Indiana Treasurer Earl C. Kle ser, 34, after he confessed embezzling $250,000: "It has been an anchor around my neck. I feel better now that tha break has come." Stock Prices, Food Higher Than in 1850 By ELMER C. WALZER United Press Financial Editor New York fin All this talk of Inflation and the value of hedging against WA it by buying common stocks is bring ing out some i n t e r e s ting things such as the time you could buy a cup of coffee for a penny. That was back In 1850 and it was in 494 Pearl St., Some swank Elmer Walter Delmonico's at New York City. parties were held in that restau rant those days and many years thereafter down to the days of Diamond Jim Brady and P. T. Barnum. A brokerage firm letter writer picked up one of the menus from somewhere or other and printed it in his letter. Bowl Cost Twice At Much If you wanted a bowl of coffee or tea back there it cost twice as much as a cup two cents. You could buy a bowl of soup for two cents, beef steak for four cents, and a whole pie for four cents. Fried or stewed liver then, before they knew it was good for anemia, was three cents. A regular dinner was 12 cents. Now let's see what the wage earner made in a week. The National Industrial Conference Board records experts have this right at their finger tips. The worker got an average of seven cents an hour, and worked 62 hours a week. The average take home pay no income taxes at all and no other deductions was $4.40 a week. i Now for stock prices. There Willard Smith Named School Principal Ashland Willard J. Smith, former superintendent of schools in Hot Springs, Mont., was ap pointed principal at Briscoe school Monday night by the Ashland school board. Smith replaces Chet Squire who resigned to attend the Uni versity of Oregon. He has been an elementary school teacher and principal and high school teacher. Other Ashland principals are Verne Speirs, Lincoln; David Hill, Welker; and Paul Retter, Bellview. All elementary teach ing vacancies are filled, except for a supervisory position at Lincoln. Homemaking and girls' physi cal education positions remain open in the high school. BANANA BOATS Boston IW A Museum of sci ence official, David Bonney, says he picks up live specimens when banana shipments arrive here from South and Central Amer ica. Found hiding in the banana bunches last year were a spiny tailed iguana, three tree frogs, 17 tarantulas and three boa constrictors. weren't many stocks those days. The market was made up mostly of government bonds, railroad and canal bonds. The farthest back one can go to get a stock index comparable with today is 1871. That's the Cowles Commission calculation, which is an extension of Stand ard and Poor's indexes. Back in 1871, the equivalent of the Standard & Poor's 500-stock index was 4.90. Today it's around 49. In other words stocks have risen 10 times or 900 per cent. Hedge Against Inflation But beefsteak has risen 12,400 per cent from the four cents noted. This proves that stocks haven't risen as much as food. But they've risen, and that's what Wall Street is saying: "Buy stocks and hedge against inflation." Wages today in manufacturing industries average $2.06 an hour and workers put in an average of 39.7 hours weekly. Wages are up 2,843 per cent. Not as much as beefsteak in a swank restaurant, but a lot more than a cup of coffee which is up 1,400 per cent. No matter how you figure things Wall Street is convinced that inflation is holding up stock prices and putting some higher. Area Radio Stations Attend Sales Clinic "Radio hasn't changed," parti cipants in the day-long radio sales clinic were told here yes terday. Representatives from 11 south ern Oregon radio stations heard keynote speaker Rod MacDon ald, vice president in charge of media of a San Francisco adver tising agency, explain that rrfdio has always been a developer of personalities. It also is a warm personal medium, the represen tative of Guild-Bascom-Bonfigli, agency, said. "Radio needs only to keep a jaundiced eye toward the pro gram content and serve the area adequately frorn the standpoint of both listeners and advertis ers," he noted. Outlines Radio Look Dave Jolly, sales promotion di rector of Pape Brothers of Eu gene, outlined how a heavy in dustrial equipment dealer looks at radio. Yesterday afternoon, William W Marsh, sales promotion con sultant of Portland, described the importance of being promotion-minded. A new slide and sound sales presentation on ways to increase spot announcement advertising Court Records DISTRICT COURT Donna Gale Giffith, illegal passing. S15. Earl Alvin Bliss, overload, $59. Ralph Edward McClure, no tail light. $10. Robert Peter Betschart, no red flag on extended load, S10. Chester Boyd Keene. defective windshield swipes. $6. Frank Blake Hopewell, no tail light. $10 Calvin Leon Reisinger, failure to stop at traffic sign, $10. Frank Ermil Cantrill, failure to dis play PUC permit. $15. Wayne Louis Niehaus, violation of basic rule, $15. Bernice Laverne Bewley, failure to stop at traffic sign. $10. Neil Russell Dusenberry, overload, $62. Charles Edward Rose, inadequate emergency brake. $6. Michael Bryce Smith, failure to stop at traffic sign, $10. Gordon Earl Mooney, failure to stop at traffic sign, $10. John Davies Minter, defective warn ing device. $6. trvin Shelton Pershall, defective brakes. $6. Haymond Clinton Morris, chumming for game fish. $30. Glenn A. Lafon. failuure to stop at traffic sign. $10. Walter Charles Schmidt, failure to stop at traffic sign, $10. CIRCUIT COURT Jo Ann B. King vs. Dale W. King, divorce decree. Helen L. Hawkins vs. Jessie E. Haw kins, divorce decree. Mary Elaine Manley vs. Mertie Man ley Jr., divorce decree. 'volume was presented by Art Moore and associates of Seattle. A roundtable discussion on common radio problems ended the clinic. Clinic Chairman Ray Johnson, general manager of KMED, Medford, was clinic chairman. He also is secretary chairman of the sponsoring or ganization Oregon State Broad casters association. Jimmy Dunlevy, manager of the Rogue River Country club was host. Dunlevy was general manager of KYJC, Medford, for several years. Another such radio sales clinic was held in Pendleton for east ern Oregon this year. Another one is scheduled Friday at Oceanlake for the northwest Oregon stations, MONEY COMES BACK Greenfield, Ohio, (W Mrs. Helen Rooks lost her billfold while visiting in Miami, Fla. A year later it was returned to her from Nashville, Tenn., with all the money and other contents intact. The unsigned sender said it had been placed in a drawer and forgotten until a houseclean-ing. Wednesday, July 24, 1937 MEDFORD (OREGON) MAIL TRIBTJKC FIVE Grange Upper Applegate Grange July 28 will be annual church Sunday for members of Upper Applegate Grange who will at tend the morning worship serv ices at Ruch Community church in a body at 11 a.m. At the con clusion of the service the group will adjourn to the Grange hall for a picnic luncheon. Upper Applegate Grange will meet in regular session on Fri day, July 26, at 8 p.m. Since this is the only meeting of the order to be held this month a large attendance of the member ship is desired as there is im portant business to be presented for consideration. Grace N. Pearson Publicity Chairman Examinations Listed For Civil Service Jobs Examinations have been an nounced for criminal investiga tor positions in the U.S. Air Force and exhibits technician and exhibits specialist. Applications must be filed with the U.S. Civil Service com mission, Washington 25, D.C. Additional information and ap plication forms may be obtained from Chester W. Silliman at the Medford post office building. CARPET LINOLEUM - VINYL Laurine s FLOORCOVERING 520 S. Riverside Phone SP 3-5182 - PLUS - RUG AND UPHOLSTERY CLEANING Exclusive Soil Retardent Process OPEN TONIGHT Showing the Largest Selection of New Rug Samples in Southern Oregon NO MONEY DOWN! 1st Payment Not Until After September 15th! MARRIAGE LICENSE APPLICATIONS Ralph Lamont Goetz, Sacramento. and Faye Katherin Bridges, Sacramento. IfW PmWIHG TO WIGHT " I N WIN a "BIG" 14 Inch Portable PLUS 9 Valuable Cancellation Prizes NUMBERS POSTED 3:30 P.M. 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Nat'l List 269.95 199.95 15' Upright Freezer. Nat'l List 399.95 289.95 With Old Refrigerator ,,1 Kutmaster Jack Knife Regular 169 Three-bladed cattleman's knife, serpentine pattern, 33&" long, stag handle. 1 r . . .a 388 "Bra-Z-Cue" B-B-Q Grill Regular 4.85 22'2" height, 16" bowt. Col lapsible for easy storage. Jet black finish. 7G5480 3" Multiple-Use Camp Chair Regular 4.75 Comfort-styled folding chair for camping, yard use! Heavy can vas covering. 7G5737 19-Qt. Cold Pack Canner Regular 2.59 169 Porcelain enameled, full 12" diameter by 6V2" deep. Wire rack holds seven jars. J 1 3 1 0 Ice Cream Freezer 1495 mmmm 100 6 Quart Eskimo Brand. Revelation Softball Bat Regular 1.49 Straight grain dark hardwood taped handle. G1455 Other, from 79c to 3.95 11 Soft BaUp j j 85 Playground Softball Regular 1.05 Official size and weight. Horse hide cover. G1539 Others front 45e to 3.15 17" Portable Cooler Chest Regular (.75 679 Waterproof metat construction with enamel finish. 17"x9"x 1 1 Yi" deep. 7G5280 BEVOIOTIOMARY HEW 1 if II J M. L 1 ' Metal Auto Top Lug'e Carrier ft. Reg. S.79 95 2807', - - , 79 Channel-built steel, adjustable. 4 anchor hooks and non-mar suction cup feet. CS232 8" Exhaust Extension Regular 1.22 Tube-type. Chromed steel with rolled edges. C2807 Other Extensions 49c and upf "NEW-BATTERY" POWER TWICE AS LONG As Any Other Type Battery . . YET COSTS NO MORE! msi Silver Cobalt cuts corrosions, puts j pro tective iHver coat on the grids! Gives you "new battery' performance twice as long as ordinary battery. Full 36-month guarantee! Buy one today for worry-free driving. Groups 1,2F,2L. Pric is plus your old battery. I!5 " TERMS Pint Polish and Cleaner 139 DuPont's all - in - one formula cleans spotlessly with wipe away wax lustre. 3P7115 Big DuPont Auto Sponge V35 Soft, tough cellulose floats when wet! 2x4x6". 3P8270 Clean-Up Sponget 20c to (9 101 South Riverside Avenue MEDFORD, OREGON Phone SP 2-6882
