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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 5, 1957)
SIX MUDFORD (OREGON) MAIL TRIBUHE They'll Do It Every WuR24 WURRA DEPT. GUSTO. THE GGOUtfDSkEEPS?, SCULPS 4 PERFECT PITCHER'S MOUND-A WORK OF RT feyUTTLE MORE VT ii EvdPrrH HERE- ferSsiff Stock Prices Slump Without Apparent Reason During Week By ELMER C. WALZER United Press Financial Editor Nejy York OP) Professionals dumped stocks for a time during the past week with the result V "g that tork n a prices slumped without appar ent reason. Thaw A i A i J their heavi est ! , ail se'l"1? on Mon iTt tj day when the A ITlVT 1 industrial aver iSuJ' I ae lost 6.34 points and rails Elmer Waizer fell 3.01, the widest decline in these averages since Feb. 11. This type of selling was more of a market test than anything else. The market held up well, the experts said, but later when the pressure relaxed there ap parently was no desire to repur chase stocks. On the whole the railroad is sues outperformed the otjier groups The rails had a good mar ket on Wednesday along with utilities while industrials de clined. On Friday they rose nearly 2 points on average as traders anticipated an early freight rate rise. All groups finished the week lower, industrials at 505.10 off 8.49; rails 150.55 off 1.78; utili ties 69.69 off 034, and 65 stocks 175.23 off 2.61. Sales Down Daily sales averagfl 1,744,536 shares, a acw low since March 29, against 1,806,390 shares ear ly in the previous week. Of the 1,377 issues traded, only 374 managed to rise while 807 declined and 196 held un changed. A total of 140 set new 1957 lows while 27 set neff highs. On the basis of a loss of 0.77 point in the Standard find Poor's The Family Idltor'i nor?: The Family council e clergymen, a newspaper editor a thre clergymen, a newspaper editor a articla Is a summary of an actual report. The Family Council does not give advice: It merely reports on problems responsible agencies and counselors. Mrs. J. R. My son receives his father's nstress in his home. Gerald R She's a lovely per Mrs. J. R. My husband and I have been separated r the past year since I learned about his affair with another woman. Everybody knows about this af fair because he is living right in the neighborhood. It hurts and embarasses me so much I can hardly hold my head up. The worst of it is that my husband brings this woman to our son's home and my son not only receives them, but makes them welcome with dinners, etc. . . . My married daughter is on my side and says she would never let such a woman in her home. I'm ashamed of my son for doing such a thing. Shouldn't he have some respect for his own mother? Everybody looks at me and sneers because I "have such a son and such a husband. Gerald R. Ever since i can remember my parents have fought like cats and dogs. They are the worst matched couple I've ever seen and' should have been divorced long ago. Our religion doesn't outlaw divorce, so why should two people stick together just to make one an other miserable? I feel that Mother is, very fool ish not to grant Dad the divorce. She is making it harder for all of us. My sister and I don't enjoy this situation with everyone knowing about Mom and Dad. Dad begged me to let him bring his girl friend to our home. I didn't want to do it, but once we agreed to meet her, my wife and I found this woman to be a lovely person. Td like to see them happily married. Time T)ENPL4Y BALL WD CRU04RM, THE PITCHER, DIGS IMTO IT TO GET IT B4CK LIKE IT WAS ! 500 stock index it was calculat ed that all stocks lost a tbtal on paper of around $3.4 billion. At the close on Friday, the industrial average was down 15.67 points or three per cent from the year's high set on July 12 and rails were down 7.12 points or five per cent from their top set on Jan. 10. Metals, oils, and special is sues furnished the weak spots of the week. Losses Shown 'Magna Copper showed a loss of 93s points on a poor earnings report. International Nickel lost 634 on a statement by its presi dent the company would have to dig up more business after losing out on increased stock piling. Bank clearings: Dun and Brad street, Inc., week ended July 31, clearings in 26 leading cities $20,873,645,000 vs. $21,568,997,. 000 a week earlier and $20,618, 916,000 in the comparable week a year ago. Car loadings: Association of American Railroads week end ed July 27, revenue freight load ings 736,407 cars vs. 743,359 the week before and 823,008 cars last year; loadings for the year-to-date estimated at 20,622,625 cars against 21,498,828 for the same span in 1956. Steel: American Iron and Steel Institute operations this week scheduled at 82.22 per cent of the rated capacity of production or 2,103,000 tons, compared with an actual rate of 79.4 per cent or2,033,000 tons the previous week and 16.9 per cent or 415, 000 tons in the comparable 1956 strike week; index of production estimated at 130.9 per cent com pared with 126.6 the week be fore and 25.8 in the same week of 1956 (1947-49 average equals 100). Council consists of women's edi ludce. a DSTchlatrlst. women's editor and two writers. Each ui; hat hare been dealt with by The Council Gerald is tak ing a little too much on himself by trying to pressure his mother into granting a divorce. This is her own business. She probably has good .reason for holding out. Gerald should not set himself up as a judge of his parents' re lationship. There are undoubted ly many things that bind them together, if they stayed together so many years. As long as his parents are not divorced, Gerald's cordiality to the "other woman" can only be interpreted as a slap at his moth er. It is very disloyal. He can wish his father all the happiness in the world without hurting his mother by setting up friendly re lations with his father's mis tress. Mrs.. J. R. should try to con cern herself less with what everyone thinks. She can hold her head up easily because she has done nothing wrong. It is very doubtful whether anyone would "sneer" at her even if her son should continue to re ceive this woman. Her c ly prob lem will be to avoid the sym pathy of others. She can do this by refusing to discuss her af fairs in public and by leading as active and normal a life as possible. (Copyright 1957. General Features Corp.) Use Tribune Want Ads Now Many Wear FALSE TEETH With More Comfort T STEETH, a pleasant alkaline (non-acid powder, holds false teem more firmly. To eat and talk In more comfort. Just sprinkle a little FAS TEETH on your plates. No upmf eooey, pasty taste or feeling. Checks Rp!ae odor" (denture breath Get FASTEETH el any drug counter. Monday, Auguit 5. 1957 By Jimmy Hatlo for Nature Lovers 7305 Love the woods and woodland creatures? Have them in your home in this picture. Easy em broidery; lovely decoration. Pattern 7305: tranfer of pic ture 15x20 inches; directions, color chart, also suggestions. Picture is fun to embroider. Send Thirty-five cents (coins) for this pattern add 5 cents for each pattern for lst-class mailing. Send to Medford Mail Tribune, Household Arts Dept., P. O. Box 168, Old Chelsea Station, New York 11, N.Y. Frint plainly NAME, AD DRESS, PATTERN NUMBER. A bonus for our readers: two 'FREE patterns, printed in our new Alice Brooks Needlecraft Book for 1957! Plus a variety oi designs to order crochet, knitting, embroidery, h u c k weaving, toys, dolls', others. Send 25 cents for your copy of this needlecraft book now! Read and Use Classified Ads The Low Cost Way To Sell Items You No Longer Need Why, he was in here only yesterday That's how it happens quick like that! In com munities all over America, people "who were here only yesterday" are gone forever killed in highway traffic accidents. Don't let it hap pen to you! Here's how you can help: ) Drive safely, courteously yourself. Observe speed limits, warning signs. Whera traffic laws or obeyed, deaths go DOWNI Insist on strict enforcement of 'all traffic laws. They work for you, not against you. Where traffic laws are strictly enforced, deaths go DOWNI Support yttr local Safety Coentf Published as a public service in cooperation with The Advertising Council and the Newspaper Advertising Executives Association 'fp TO . - Oregon Delegation Seeking Way Out of Woodburn Base Dilemma By A. Robert Smith Mail Tribune Correspondent Washington (IP The Ore gon congressional delegation is belatedly marching for some way out of the dilemma involv ing where to locate the squadron of jet aircraft which the air force says is needed to defend the people and property of the Beaver state from possible enemy attack. The a i r force itself has been on a g a i n-off-again in . the matter, as changing d e fense weapons have brought A. RohL Smith changes in strategy. So the jets which were originally located at Portland airport, later sched uled for transfer to a new air base in the Williamette Valley near Woodburn, as of now will stay in Portland because the Pentagon doesn't want to spend the 520,000,000 to $30,000,000 which the Woodburn base would cost. When the air force announced last March that -it was cancelling its plans for building the Wood burn base, farrners in the Wil liamette Valley heaved a sigh of relief. They made it plain to their congressman, Walter Norblad, that cows can become most discontented with jet pro pelled flying machines. Woodburn Favored ; ' The merchants, mobilizing the strength of the chambers of commerce of various commun ities in the area of the proposed air. base, were all for the big Woodburn project as they cal culated the economic stimulus of an air base payroll. Some m Portland, for the same reason, took a dim view of shifting the squadron away from Portland. Because of this sharp division of opinion locally on what was right and desireable, Norblad, in his dealings with the air force, The new cars are terrific ... if you have the money to buy never took any stand on where the squadron should be located. Neither did other members of the Oregon delegation who up to then had remained somewhat aloof from the problem. The air force, consequently, had a free hand to change its piens. It experienced none of the political pressure that is common when a project site must be picked, as in Michigan where a similar base was kicked back and , forth between two members of Congress who des perately wanted-it located in their districts. But now, because of the col lateral problem of storing am munition which the defense fighters nvist have, the congres sional delegation is getting ex cited. With the jets slated to stay at Portland, the air force says it must have ammunition stor age facilities reasonably close at hand and the federal-owned Third Suspect Held In Melchior Robbery San Francisco '(ID FBI agents have arrested a third sus pect in the Lauritz Melchior rob bery. ' He is Louis G. Spivak, 44, one of four men indicted in Los Angeles for the June 18 robbery at Melchior's luxurious Holly wood Hills home. He was arrest ed Saturday in San Francisco's Tenderloin District. Los Angeles police said Mel choir had once employed Spivak. At the time of the indictment, they said he apparently master minded the robbery, which net ted the bandits about $100,000 in furs and ewels. Two of the four suspects were arrested three days after the rob bery. The fourth is still at large. More than 300,000 Americans, including those in military and diplomatic posts, now call Ger many their temporary home. Here you see a new Southern Pacific freight car. It cost over $9,000. Ten years ago it would have cost $4,650. . ' Since the end of World War II Southern Pacific Company has appropriated a record-breaking $365,000,000 for new freight cars of various types. This amount includes $83,000,000 for 8,476 cars on order. S.P. makes these enormous investments in equipment in an effort to keep pace with the transportation needs of the territory we serve, the most rapidly developing in the nation. We also want our freight service to be the best. Freight-car supply to shippers is of course the joint responsibility of all the railroads, but Southern Pacific has been trying to meet its full responsibilities, with a little extra thrown in for .good measure. We want our shippers to be land at Vanport is what they have in mind. Meanwhile, they'll store their rockets at the airport itself. Campaign Launched Congresswoman Edith Green, armed with protests from the governor, the mayor and the city council of Portland, and backed by the other Democrats in the delegation, has launched a campaign to get the jets and their ammunition out of Port land. Representative AI Ullman is making a pitch for shifting the squadron to Redmond, in his congressional district. Redmond was one of the places the air force examined in its search for a new site. But more pressure is being invoked for Portland as commercial air travel increases. The Civil Aero nautics Administration has thrown its weight in behalf of moving the military out of Port land airport, contending that the present situation "is not con ducive to the normal growth or safe operation of a civil air port." With congress in a frugal mood, and with the air force say ing it will replace its jets with guided missile (which need no airport for launching) probably in about five years, it appears likely the jets will stay at Portland. No Survivors Found In Sinking of Boat Miami (IP) An unidentified boat burned and sank off the Florida coast late Sunday, leav ing no trace, of survivors, the Coast Guard reported. Authorities said the only pos sible clue to identify the vessel was a report that a converted cabin cruiser of approximately the same size was overdue at Port Everglades, Fla. It had two persons aboard, the Coast Guard said. mm- j Western Wyoming -and Utah have great reserves of bitumin ous coal which comprise a bul wark for the expanding indus trial economies of the west and far western states. guesswortcouf of decorating'' ...ARTHUR GODFREY USE IT. ..FREE! . The wonderful Super Kem-Tone Color Harmony Book shows you over 1500 gorgeous color schemes that will make your decorating so easy . . . bring new life to your present furnishings, too. We'll lend you the Color Harmony Book without charge! You're sore of success with Super Kem-Tohe and Kem-Glo colors sw w-.'-'rLc "sw km SPECIALISTS IN Free Parking able to move their products to market during harvest time and other peak shipping seasons ... without a hitch. Also, we don't want to lose revenue because of inability of shippers to ship. The problem for other railroads as well as for S. P. is a simple one of money. We try to overcome rising costs through re sourcefulness in devising money-saving meth ods and by the installation of facilities that cut operating expenses. But there is a limit to what we can do in this respect. As costs of wages and materials rise w& must have increases in rates. Ability to buy necessary freight cars and other equipment depends on earnings. A single roller in the huf rol- ler bearings used in the giant machines employed by the steel industry for rolling out cold flat steel sheets sometimes weigh up to 700 pounds. QUALITY AT LOWER PRICES HOMEWARESI Free Delivery them
