Wall Street Waiting
For Post Labor-Day
To Look at Business
By ELMER WALZER
United Preis Financial Edilor
New York w Wall
Street awaits the post-Labor
Day period to take another long,
careful look at the business
picture.
And, having gotten that into
f o c u s, the
plotting of the
it-ock mark
et's future
will be the
next step
Some how
to the finan
cial district
Labor Day
marks off
Elmar W mixer summer and
autumn for the market. Vaca
tions are over for the most part
at tnat time and industry is
getting into its autumn groove.
A trading range bounded by
475, not seen since April 1,
and 490, touched last on Aug.
13, would be logical until after
the seasonal post-Labor Day Jit
ters have passed, according to
R. E. Buchsbaum, analyst for
W. E. Hutton and company.
If business does not live up to
fairly good seasonal upturn.
he continues, then we could see
a further decline in late Sep
tember or early October and a
testing of the stronger support
area of 450-60 In the Dow-Jones
industrials.
The bond market continues to
compete with the stock market
In a big way, and market men
point out, since bonds out-yield
stocks by a fair sized margin.
Two Forces Operating
Distributors group mutual
fund notes this bond competi
tion as one of two forces oper
ating against the market today.
The other one, it lists as the
rolling readjustment through
which the economy has been go
ing with different companies
and whole industries moving
quite differently at different
times.
John S. Stine of Walston and
company lists some supporting
factors that will keep business
at a high level as government
spending continuing to rise;
plant and equipment- expendi-
CLOSE OUT
ON
LAWN FURNITURE
AND
LAWN MOWERS
at MOORE
Outdoor Supply
Prices slashed lo cosl
and below cost on
some Hems.
ALUMINUM
LAWN FURNITURE
Yard
Umbrellas
Chaise
Lounges
Folding
Chairs
Umbrella
Tables
REDWOOD
LAWN FURNITURE
Chaise
Lounges
Picnic Table
Sets
Setlees
40 OFF ON ALL
LAWN MOWERS
ONLY 4 LEFT
SALE ENDS AUGUST 31 '
. Open Evenings 7:30
and Sundays
S MOORE ,
OUTDOOR
SUPPLY
816 S. RIVERSIDE
tures will remain high; depart
ment store sales at record levels,
and personal income at a peak
despite shorter hours and elemi-
nation of overtime.
Kenneth Ward, partner of
writing in says there appears
to be no indication of a further
immediate business recession
nor anything to suggest a severe
decline in earnings and divi
dends.
Ward finds no evidence from
a technical standpoint that real
ly important aver-all distribu
tion has taken place in the gen
eral market.
Wall Street experts- continue
to warn against new buying
without careful investigation of
each individual situation.
Also none of them feels that
there should be promiscuous
Selling of long-term holdings.
District Ranger
Receives Transfer
To Alaska Post
Brittain H. Ash, Butte Falls
District Ranger for the past
three years, is being promoted
and transferred to Ketchikan,
Alaska as staff officer on the
South Tongass National Forest,
effective August 25, according to
an announcement by Carroll E.
Brown, supervisor, Rogue River
National Forest.
Ash, who grew up in Oak
ridge, Oregon, started his career
with the Forest Service in 1932
on the -Willamette National For
est. He worked as a forest
guard, protective assistant, and
foreman until early 1941 when
he received his formal appoint
ment as a Junior Forester on the
Mt. Hood National Forest. Dur
ing the fire seasons of 1941 and
1942 he seved as fire control In
spector in the Division of State
and Private Forestry in the Re
gional Office of the Forest Serv
ice in Portland. He subsequently
served as timber management
assistant and assistant ranger on
the Snoqualmie National Forest
for 2 years, as district ranger,
Agness District, Siskiyou Na
tional Forest for one year, and
as district ranger, McKenzie
Bridge District, Willamette Na
tional Forest for 9 years, before
coming to Butte Falls in Decem
ber 1954.
Ash will be in charge of tim
ber sale work on the South Ton
gass National 1 Forest, ' Brown
said. A large pulp mill has re
cently been constructed near
Ketchikan and logging on na
tional forest timber has been
going on for several years.
Mrs. Ash plans to continue
her present assignment as Dean
of Women at Crater High
school. Central Point, and she
and their son Terry will join
Ash in Alaska next spring. Ash
and their son Donny will leave
Butte Falls next week.
CENTRAL POINT
Miss Obenchain Returns
By DORIS HUGHES '
Central Point Miss Linda
Obenchain, daughter of Mr. and
Mrs. Oliver Obenchain, returned
to Central Point Sunday after
representing Oregon in an all
expense paid tour as winner
from Oregon of the Junior Dan
forth Home Economics Summer
Fellowship award.
This trip is sponsored by the
American Youth Foundation and
the Ralston Purena company.
The group of winners, consisting
of one girl from each state, one
from Hawaii, one from Canada
and one from Puerto Rico, met
first in St. Louis, Mo., where
they toured the city.
From St. Louis, they went to
Chicago, then to 'Milwaukee,
where they took the Clipper
Boat to Muskegon, Mich. After
two weeks training at the
American Youth Foundation
camp, Miss Obenchain came
home by way of Canada, stop
ping at Banff and other points
of interest.
Five Crater High Students re
turned home Friday after spend
ing five days at the University
of Oregon. Joe Teeter, of Gold
Hill, student body president,
nd Judi Davis of Central Point,
secretary of the student body,
were selected to attend te coun
cil workshop classes.
Editors Sandra Guss, Patricia
Higinbotham and Linda Warren
attended the journialism work
shop classes.
Mr. and Mrs. Elbert Lewis are
parents of an eight pound baby
girl, born Aug. 16. She has been
named Tamera Gwen. Tamera
has a brother, Danny, at home.
Mr. and Mrs. Ca--1 vonBuskirk
and Mr. and Mrs. Olaf Ohrman,
both of Central Point, are grand
parents of the girl.
George Hunt and David
Brown, both students of Crater
High school, left Wednesday for
a weeks vacation at Newport,
Seaside and Portland.
Mr. and Mrs. Oliver Oben
chain went to Portland Wednes
day. At union station, they met
Miss Linda Obenchain who has
returned from her eastern trip.
Miss Obenchain and her mother
and father went to Aloha where
they visited Mrs. Obenchain's
parents, Mr. and Mrs. Bert
Hedgepath. Mrs. Obenchain's
brother and family, Mr. and
Mrs. Harry Hedgepath, and
daughter, Jane, of Weed,, Calif.,
were also visiting in Aloha.
Mrs. Gladys Porter of Globe,
Ariz., left Wednesday after a
week's visit at the home of her
son and family, Mr. and Mrs.
Marvin Wright.
Music Program Set
At Central Point
Central Point A full music
program for school district 6C
has been announced by Superin
tendent H. P. Jeweti.
Harry Meyers will direct the
100-member junior high school
band, and the beginners group
of the same strength. The band
has been top-rated in competi
tion through the past years.
The junior high school chorus
will meet regularly and perform
publicly several times during
the school year.
Crater High School uniformed
marching band, under the direc
tion of Norman Carothers, will
perform at football and basket
ball games, and pep assemblies.
In addition to ihe band, Caroth
ers directs a mixed chorus, a
girls' glee club, and a small spe
ialty group. The band and vocal
organizations present at least
two programs yearly.
Charles Cook will direct Gold
Hill high school band and vocal
music activities. Highlight of the
year will be the Christmas pro
gram, featuring groups from
each grade level.
BEAUTY AND THE BEAST
Palisades Park, N.J. (IB Not
to be outdone by Miss America
and Miss Universe, Palisades
Amusement Park officials Mon
day will hold "the world's first
beauty contest for elephants."
Mr. and Mrs. Everett Young
and family arrived home Sun
day afternoon from a week's va
cation at Yellowstone park.
They came back through eastern
Oregon to Eugene. At Cottage
Grove, they visited Mr. and
Mrs. William Whitlock.
Mrs. Dale Burns, Sandra and
David, of Redduig, Calif., visited
friends in this area recently.
The Burns are former residents.
Mr. and Mrs. Harry Hedge-path-
and daughter, Jane, of
Weed, Calif., were guests four
days last week at the home of
Mr. and Mrs. Oliver Obenchain.
Guests last week end at the
Jack Bezoff home were Mr. and
Mrs. L. Shockey of Klamath
Falls.
Mrv and Mrs. E. M. Bishop re
turned recently from a two
months vacation in Chicago, 111.
C. M. Bishop arrived Friday
from Modesto to visit at the
home of his son, the E. M
Bishops.
Mr. and Mrs. Royal Green
man spent last Sunday picnick
on the Applegate.
Mrs. L. C. Johnson, Larry and
Elaine Johnson and Mrs. Lillie
Johnson visited in Rogue River
Wednesday at the home of Mrs.
Dwight Horton and Mrs. Clara
Cardin.
a guttata iat uic . ' j-i.
Curtis home on Willow Trees
court were Curtis' son and
daughter-in-law, Mr. and Mrs.
David Curtis and Stephen
San Diego.
Recent guests of Mr. and Mrs,
John Blackford s home were
Mr. and Mrs. Bob Kennedy of
Cathedral City, Calif. The Ken
nedys who own an auto court
there travel during the hot
months of the year, having their
busy season during the mild
winters at Cathedral City. Mrs.
Kennedy is a former southern
Oregon resident.
Last weekend AL and Mrs.
John Blackford attended the
Jola County fair at Woodland,
Calif. After attending the rodeo
and the fair, the Blackford's
visited their son and daughter-in-law,
Mr. and Mrs. Don Mor
gan. From there, they went on
to Esparto, Calif., where they
visited the Jack Farnham
family.
Mr. and Mrs. Oscar Minnick
spent Sunday boating and pc
nicking at Willow lake.
Sav At
Rivtrsid
& S. Central
CHECK FORD TICKETS
. . NOW!
NUMBERS POSTED AUG. 21 FOR 7 DAYS
Printed Winning Number Lists Avaiable
JUICE DECANTER
Reg. value 89c Only
39
& 10.
Stamps
Mr. and Mrs. William D. Lang
ston and sons, David and Mi
chael of Central Point and Mr.
and Mrs. Russel Peebles and
son, Jim, of Grants Pass spent
last week end camping at Dia
mond lake.
Mr. and Mrs. Kenneth Wil
liams and three daughters of
Whittier, Calif., are here visit
ing their parents, Mr. and Mrs.
R. B. Langston, and Mrs. Bessie
Williams. They are also visiting
other relatives and friends in
the Central Point area. They
are former residents.
of
the
Grants Pass Firm
Buys Forest Lands
Southern Oregon Timbers
Grants Pass has purchased
Hanley Gulch timber sale on the
Applegate district of the Rogue
River National Forest. The sale
was advertised May 10 but there
were no bidders at that time.
The sale had 5,300,000 board
feet, mostly Douglas fir, and
was purchased at the advertised
prices; Douglas fir $12.25 per
thousand; pine, $17.00 per thous
and; and white fir and others,
$6.30 per thousand.
The purchaser plans to start
logging immediately, with Wes
ley Ober doing the logging.
Many of the Mescalero Apache
Indians, who occupl a reserva
tion between the resort towns
of Cloudcroft and Ruidoso, in
southern New Mexico, are de
scendants of Geronimo's war
rior band, the last Indian group
to lay down arms against the
United States.
Jewell Announces
Central Point
Personnel Changes
Central Point Several fall
term personnel changes have
been announced for district 6C
by H. P. Jewett, superintendent.
Assisting in the Sam's Valley
music prog'ram will be John
Dean, who will also teach fifth
and sixth' grades.
Gold Hill schools will receive
seven new teachers. Miss Marie
Johnson and Mrs. Cora MacDon
ald are to teach the third grade;
Mrs. Barbara Charles and Mrs.
Vera Steele, fourth grade; Rus
sell Carr, eighth grade and
coaching; Claude Morgan, sixth
grade, and assistant physical
education coordinator; and Mrs.
Shirley Anderson, seventh and
eighth grade language arts,
homemaking and library
courses.
Junior High
New Central Point junior
high school teachers will be
Keith Johnson, physical educa
tion and athletics; Robert Mur
phy, industrial arts and crafts;
nd Mrs. Flossie Bailey, social
studies.
In the interdemiate grades,
new teachers include Mrs. Mil
dred DeWitt and Mrs. Artha
Metz, third grade; Mrs. Margue
rita Black and Mrs. Gloria John
son, fourth grade; and Ralph
Humphrey, who will have
charge of vocal music on the in
termediate and junior high lev
els. Mrs. Willette McLarrin will
be transferred to the fifth grade,
while Donald McLarrin will
teach the sixth grade.
At Crater high school, Charles
LeFebre will have charge of the
library. New teachers' at the
high school will be Miss Nancy
Purviance, girls' physical edu
cation; Robert Bayley, mathe
matics; James Backen, English
and dramatics; Don VanDolah,
social studies and Junior varsity
basketball coach; and Donald
Miller, mathematics, social stu
dies, and freshman basketball
coach.
Sunday, August 25, 1957
MEDFORD (OREGON) MAIL TRIBUNE FIVE
Huckleberries Ripe In Union Creek Area
This is "just about the right
time" for huckleberry picking
in the county, according to the
forest service office in Med
fard.
There is reported to be an
average crop on Huckleberry
Mountain. No crop at all is re
ported at Butte Falls.
Pickers can get to Huckle
berry Mountain by traveling
north ,on Highway 62 (Crater
Lake highway) and turning right
on the marked road a short dis
tance before Union Creek rang
er station.
BONE OF CONTENTION
Hackensack, N.J. (IP) Super
ior Judge Wallace Leyden show
ed Saturday that the long arm of
the law can operate even when
it gets broken in six places. The
judge suffered a broken arm in
a fall from a ladder Wednesday,
but said today he would preside
when court opens Sept. 4.
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