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
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WIN a "BIG" 14 Inch Portable
PLUS 9 Valuable Cancellation Prizes
NUMBERS POSTED 3:30 P.M.
FOR 7 DAYS
Winning Number Lists Tomorrow 4:00 p.m.
No Need To Buy To Win
EXT FREE FORD AUG
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AT CARLOAD FACTORY PRICE
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At FORTUNE II T U
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FORTUNE
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You Get One (1) Fortune Stamp with Each Gallon of Gasoline
START YOUR SET TODAY
Special- FRIDAY to FRIDAY -Speca
ICE CREAM SCOOP
Commercial Type Reg. $1.00 Value
AND 10
FORTUNE
STAMPS
This Sturdy Scoop Has Dozens of Uses Mashed Potatoes, Melon Balls, Ice Cream,
Salads, Desserts, Vegetables, etc.
O Q Q
ilgg 'SSI5
s1 00 Trade-in
National
List
Price
319.95
21 995
10.00 Down, 10.00 Monthly
Buy now ot this low sale price. You'll marvel at the spac
ious shelves plus . . . full-width freezer, ' crisper drawer,
meat-keeper and six shelves in the child-safe "Bank-Vault"
doorl Freezer holds up to 52V4 lbs. at constant zero-cold
temperatures. Rugged Thrift-Temp sealed unit is guaran
teed 5 years. See one today. 2J1705
Super 10. 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