Medford mail tribune. (Medford, Or.) 1909-1989, October 15, 1957, Image 10

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Medford mail tribune., October 15, 1957, Image 10

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Newspaper Page TextTEN MEDFORD (OREGON) A-- 5T ' V 'v 'ft'' PAN AM GIRLS TO ANTARCTIC Studying South Pole area where they landed today are pretty stewardesses Patricia Hepin stal, left, and Ruth Kelly. They are part of Pan Am crew on first commercial flight to the pole. (International) First Commercial Air Trip Completed To Antarctic Region JIcMurdo Sound. Antarctica 1? The Pan American clip per America landed today at McMurdo Sound, completing the To Size 48 1 9162 V ' 36-48 So slenderizing is this shirt waist style, we've chosen it espe cially for you who wear sizes 36 to 48. Make our easy-to-sew Printed Pattern in rayon or cot ton to wear everywhere 'round the clock, 'round the seasons. Printed Pattern 9162: Worn ens Sizes 36. 38. 40. 42, 44, 46, 48. Size 36 takes 3' 2 yards 39 inch. Printed directions on each pat tern part. Easier, accurate. Send Thirty-five cents (coins) for this pattern add 5 cents for each pattern for Ist-class mail ing. Send to Marian Martin, care of Medford Mail Tribune, Pat tern Dept.. 232 West 18th St., New York 11. N. Y. Print plainly NAME. ADDRESS with SIZE and STYLE NUMBER. The CLEANEST Rock and Sand Makes the STRONGEST CONCRETE And We Have Both! READY MIX bv BEST BY TEST MAIL TRIBUNE first commercial aircraft flight to Antarctica. Capt. Ralph Savory, veteran of 23 years of arctic flying, lifted the 73-ton Pan American Strato clipper from the Christchurch runway at 10:25 a.m. (12:25 p.m. PST) Monday and set his course for McMurdo Sound. Ambassador on Flight Passengers on the 2,400-mile history-making flight included U.S. Ambassador to New Zea land Francis H. Russell; New Zealand Labor Minister J. K. McAlpine, and 36 U.S. Navy of ficers and men assigned to Geo physical Year scientific stations. The crew had two pretty stewardesses, reputedly the first women ever to reach such a so-itherly point on the "white continent" as the Ross Island Navy Station on McMurdo Sound. They were dark-haired Patric ia Hepinstall, 25. former model for I. Magnin, San Francisco, and a native of Houston, Tex., and blonde Ruth Kelly, 28, for mer school teacher from Holy oke, Colo., who resembles Prin cess Grace. To Judge Beard Contest Both are based in San Fran cisco and are probably the most thrilled members of the plane's complement. They were to ride in an American versus New Zealand dog sled race and judge a beard-growing contest among the men at McMurdo. Seabees and other Navy spec ialists had a last fling with card games and steaks 21,000 feet in the sky. In a few more hours they would spread to seven scientific stations for 18-month tours of duty on the blizzard beaten continent. Oregon Cily Mothers Picket Trailer Site Oregon City IIP1 Mothers picketing a proposed trailer park across the street from the Wichita school appeared to be supporting a losing cause today. The mothers picketed the pro posed park hoping public atten tion would help them block it. They claim the park will in crease vehicle traffice in front of the school with resultant in creased danger to children. But officials said failure of voters last year to approve a zoning petition last year appar ently doomed any legal pressure which might be brought against the project. Always GOOD! Li'l Ole Re-washed "Rocky" LININGER'S Phone: SPring 2-5336 SPring 2-5897 MUrdock 5-8121 Tuesday, October 15, 1937 i Wall Sireet Sees Good, Short Rally From Present Level Br ELMER C. WALZER United Press Financial Editor New York IP Wall Street, which has been unwilling recent lv to make short-term predic tions, reversed itself today and said (fig uratively that is): 'The market should stage a good rally from this lev el." The rally, timer waizer the market ex perts said, could go on for a week, a month or three months. They didnt look for a long one. however, because many will want to sell stocks when they can set out even or with a little profit on the way up. One thing that is certain as the trading starts the specialists' books are cleaned out. Thin Market for Stocks With no buy orders or sell or ders listed around the market level the chances are there will be wide swings that reflect a thin market for stocks, the brok ers explain. Last week's market brought some interesting comparisons with the period following Presi dent Eisenhower's heart attack. Friday with sales at 4.460.000 shares was the biggest since Sept. 27. 1955, the second day of the heart attack market. 2. Last week with sales vol ume of 15.575.710 shares was the biggest since the week ending Sent. 30. 1955. 3. The market met support Friday at 434.15 in the Dow Jones industrial average. That was less than a point above the 433.19 (intraday) where it met support after the heart attack. The latter came on Oct. 11. 1955, and has not been touched since. Those figures came into the record picture because the mar ket went down on active trading and they may have no more sig nificance than that. Not a few of the brokers be lieve that there will be a new decline later, and some think the 43.15 of last week will be vio lated. Stock Market Recovery Goes To Third Session New York IP The recov ery movement in the stock mar ket went into its third session today with the industrials scor in,. their best rise since Sept. 12 and rails since Aug. 30. The rise started late Friday, too late to recoup all the wide losses of the day, gathered a bit more push Monday the first Monday advance since July 8 and seemed to be much more buoyant today. This recovery movement got its start when the U. S. success fully launched a Thor missile and knocked some edge off the Russian satellite propaganda Fri day. The missile makers, most of them aircraft companies, spurted then and they have been rising since. DOW-JONES AVERAGES Dow-Jones final stock aver ages: 30 industrials 447.90, up 4.12; 20 railroads 119.46, up 2.10; 15 utilities 65.37, up 0.13; 65 stocks 153.04, up 1.4S. Sales today were 2.620.000 share compared with 2,770,000 Monday. Today's prices on selected SHI stocks: Allied Chemical IS'-k i American Can 41 1 2 AT&T 16834 ; Anaconda Copper 46"s : Bethlehem Steel 4134 Caterpillar Corp 72U ! Chrysler Corp 72 1 2 i Continental Can 41' 2 Crown Zellerbach 457s 1 Curtiss Wright 33 j Du Pont 1748 Eastman Kodak 901 2 ; General Electric 598 ' General Foods 47 I General Motors 39 '4 Georgia Pacific 263s Graham Paige 14 Homestake Mining 327s Kaiser Frazer 9's Kennecott Copper 90' s Lockheed Aircraft 3334 Katy Pfd 427s Montgomery Ward 33 1 2 New York Central 21s a Penney, J. C 77 1 2 Penn RR 161 2 Radio Corporation 31 Richfield Oil 69 1 2 Socony Vacuum 5034 Southern Co. 22 '4 Southern Pacific 37J2 Standard California 48"s Standard Indiana 40 Standard N. J 545s Sun Mines IPs ; Texas Gulf 19'. 2 i Transamerica ;. 32' 2 I Trans West Air 10's ! Tri - Continental 273 8 ; Tex Pac Land Trust 6 i Union Carbide 103?4 i Union Pacific 26 ! United Aircraft 55"s i U A L 21?-8 SAFETY is body's jobTf lit . -f lp .Will j&igi RECEIVE CONGRATULATIONS Cliff Mc Ginty, far right, McGinty Fuel company, is congratulated for the safety education work performed by his firm. Congratulating him are Aubrey Loper, left, of the Medford branch of the U. S. National bank, and Don Stathos, center, Medford insurance man. Stathos holds Turks Learn To Live With Soviet Threats, Russell Jones Declares Editor's note: IT correspondent Russell Jones has arrived in Turkey, tarcet of Russia's latest propaganda campaign in the Middle East. This is his first dispatch. By RUSSELL JONES United Press Correspondent Ankara, Turkey IIP! Soviet threats are a fact of life every Turk learns to live with. Communist Party Boss Nikita Khrushchev's recent rocket-rattling remarks received less at tention here than they did in the United States. And the news of the dispatch of Egyptian troops to Syria drew from Turkish Defense Minister Shemi Ergin the calm statement that Turkey had followed Syrian CENTRAL POINT Dinner Honors Daughter Sy DORIS HUGHES Central Point Mrs. Henry Mueller of 220 South Third st., entertained at dinner recently in honor of her daughter, Mrs. C. P. Uhrhane, of New York City. Guests were Mr. and Mrs. William Frohreich, Mr. and Mrs. Robert Myers and son, Ronnie, of Medford, and Mrs. R. G. Harp er of Central Point. Mrs. Froh reich is a sister of Mrs. Mueller. Mrs. Harper is a daughter of Mrs. Mueller ..and Mrs. Myers is the daughter of Mrs. Froh reich. Anyone wishing to donate bedding, dishes or household items to the C. Lewis family, may call Mrs. Roy Herndon at TAlbot 6-2868. Mr. and Mrs. Lewis, whose home was destroy ed by fire, have four young chil dren. There is a need for clothing for the five-year-old boy, Mrs. Herndon stated. Terry Pierce, son of Mr. and Mrs. P. J. Pierce, is reported better after a tonsilectomy last Monday. A breakfast will be served for the benefit of the American Le gion Welfare Saturday, Oct. 19, at Myers Holland Post 129, Cen tral Point. Serving time will be from 6 a.m. to 11 p.m. The women of the auxiliary will help serve. Thursday evening Mrs. Henry Mueller of 220 South Third st., entertained Mrs. George Johns, Mrs. Frank Bruce. Mrs. C. P. Uhrane. and Mrs. R. G. Harper. Mrs. Muller's daughter. Mrs. C. P. Uhrane of New York City, gave a demonstration on gift wrapping. Refreshments were served. Mr. and Mrs. WayneGriffeth of Prospect returned home Sun day after spending three weeks at the home of Mr. and Mrs. Robert Padgett of Central Point. The Griffeth's son, Gerald, who was seriously injured in a log ging accident Sept. 16 is im proved and able to have visitors. He is in Sacred Heart hospital in Medford. The District C Teachers asso ciation meeting was held Tues day at the Jewett Elementary school in Central Point. Berkley Pinkham and Earl Osden went to Eastern Oregon. last week end on a hunting trip, j They each returned wuth a deer. Friday. Oct. 17, at 7 p.m., there will be a football game between Central Point and Eaale Point Junior High schools. The EX-FDR PARTNER DIES New York ilP Langdon Mar vin. 81, a former law partner of President Frank D. Roosevelt, died Monday. U S Rubber 37 4 U S Steel 581s Youngstown S &. T 82 developments "step by step" and will take all precautions to de fend the frontier. "Any aggressive action will be broken into pieces by Turkey's strong army," he said. 'To busy oneself with 'Turkey is to play with fire." Country in Face-Lift The press and public here are far more interested in the up coming elections Oct. 27 and in Premier Adnan Menderes' con struction program. Russians whether imperial or Communist have been threatening Turkey throughout history, but it isn't every day a country gets a face lifting. game will be played at the Cen tral Point Junior High school field. Charles A. Meyer, principal of Central Point Elementary and Junior High school, stated that Thursday and Friday, six weeks tests will be given. Report cards will go out the following Thurs day. Carl Newel and sons, Donald Vurnes, and Jack Botzer and son, Kenny, went hunting last week end in eastern Oregon. Mr. and Mrs. Thomas Quail and son, Allen, went to Coquille recently. They were visiting friends and vacationing. Dinner guests at the home of Mrs. Millie Johnson on Sunday were Mr. and Mrs. L. C. John son and children and Mr. and Mrs. Charles Hughes and chil dren. Pack 40 Cub Scouts will meet Tuesday at 7:30 p.m. at the Cen tral Point Junior High school gymnasium. MAIL TODAY ... or phone far your copy 38 Seattle FOSTER Please NAME Ifili x 1 1 STREET. CITY... 2 t . a safety citation which he received for his part in establishing the program at this firm and at many other southern Oregon firms. McGinty points to the safety slogan bulletin board furnished by Stathis's office. It includes a driver-safety contest with a continuous rec ord of each drivers safety record. The building program has made a large part of Ankara look like a construction camp and brought wholesale elimination of slums almost overnight. The program may determine the election outcome with the countryside, benefiting from new highways, voting for Menderes while cities, upset by the hous ing shortage caused by slum clearance likely to back the op position. This is also the 10th anniver sary of American-Turkish coop eration and the most popular public show in years is the "ten years of Turkish development" exhibit in the .city's Genclik Park. It outlines progress since American aid started and, re freshingly, gives the United States full credit for $1,750,000, 0C0 worth of assistance. Turks Despise Syria But preoccupation with other subjects doesn't mean Turks have forgotten either Russia or Syria. A Turkish army of more than 250,000 is ready to take on the Russians or anybody else. "It might be the old story' of a good little man against a good big man if the Turks fought the Russians," one observer said. "But that doesn't mean the Turks wouldn't try it. They have taken on the Russians too many times in the past to be scared by the idea of rockets." The Syrians are another ques- WALSTOH & CO., INC. Members New York Stock Exchange 127 East 6th St. - Medford Phone SP 2-7194 I 1 jujjjjpjjjpgujj THE GROLIER SOCIETY, INC. EARNINGS PER SHARE: As the world's largest publisher and distributor of. encyclo pedias and reference books (Book of Knowledge, Encyclo pedia Americana, Book of Popular Science, Grolier Encyclo pedia, etc.). The Grolier Society has a record and potential establishing it as a rapidly growing company. In the ten years from 1947 to 1956 sales almost quadrupled, going from $16 million to $57 million, and profits jumped six-fold, from $0.6 to $3.9 million. The market potential, due largely to high birth-rate of the forties, indicates a continuation of the company's profitable and stable growth, with $100 mil lion in sales in prospect for 1959-60. ' Write or phone for the latest report on The Grolier Society No. 1 48 available without cost or obligation. SOUTH CENTRAL AVENUE MEDFORD, OREGON Portland Spokane Eugene Yakima Olympia & MARSHALL 38 South send me report(s) numbered . . Hignife Held for K. F. Grand Jury Klamath Falls W Baxter Hignite, 27, was bound over to a grand jury here Monday on a charge of first degree murder in connection with the fatal shoot ing of a middle-aged Merrill, Or., couple Saturday. Hignite, charged with t h-e death of Mr. and Mrs. James Flaugh at their home, waived preliminary hearings in Klam ath county district court and was held without bail. Sheriff Dal Reed said Hignite had visited the Flaugh home, where his estranged wife and 2-two-year old daughter were living, and demanded to take the child with him. The Flaughs refused, and he allegedly shot them. New Era Entered, Neuberger Says The Dalles (IP Launching of the Russian earth satellite has "thrust civilization across the frontier of a ne wera in which use and conservation of every energy resource assumes added importance," Sen. Richard L. Neuberger (D-Ore.) told a lunch eon meeting of business and civic leaders here today. "The new moon that whirls about the earth heralds a future in which energy, and the ability to marshal it, may mean the difference between national sur vival or deterioration," the sen ator said. Neuberger said the amount of energy required to boost the So viet satellite into its space orbit was "enormous," and that we must expand and accelerate our own progress for epening energy sources. He stressed the abundance of falling water in the Pacific Northwest and urged a hastening of "our efforts for development of new power sources." Attorney Sentenced on Income Tax Conviction Portland (1PI Leroy L. Lo max, Portland attorney, Monday received a six-month sentence on a conviction of failure to file federal income tax returns for 1953 and 1954. tion. While all sources say the only military activity in South Turkey is the regular autumn maneuvers, it doesn't mean the Turks wouldn't like an excuse to teach the Syrians a lesson. The Turks have contempt for the Syrians and figure they could take Damascus in 24 hours ex actly the time Khruschev said Turkey would last against RuS' sia. Restraints imposed by NATO and the Baghdad Pacts make any Turkish move highly unlikely, but observers believe Syrian at tempts to harass the Turkish bor der will be met by the strongest local action. 1 1947 1956 .. 34c $2.02 Central Ave., Medford, Ore. ' How good are you at bringing home the bacon? Your family may consider you' a model husband and provider. Your boss may say you're his right arm. But if your take home dollars aren't as numerous as you'd like them to be . . . may be you've been neglecting a good opportunity. Take this little quiz and see. It's possible to earn an Income from more than TB one business without holding down more than one job. True. Plenty of people nowa days work in one business and earn a second income from others, simply by owning stocks or bonds listed on the New York Stock Exchange. Owning stock makes you part-owner of the company. You share in any profits that may be paid as dividends . . . and if the business grows your money may grow, too. Or you can buy bonds and be paid interest for the use of your money. Investing is only for people with a lot of money. nti o FALSI False. Two out of three share owners today have incomes un der $7500 a year . . . many, under $5000. But nobody should invest a penny without first being sure family expenses are covered and there's money for emergencies. D ma - rALU You have to be an expert to invest. False. But you do need facta. Never fall for tips or rumors. Remember, security prices can go down as well as up, like the price of anything else... and a company may not always pay dividends or interest You have to know somebody in the company to get facts about it. D TRL'I ALS False. All you have to do is find a good broker. Make sure he's with a Member Firm of the New York Stock Exchange. Hell be glad to give you facts youll want to know about companies you're interested in. It's his job to help you buy and selL Hell be happy to sit down with you and talk over investments to meet your needs ... either stocks or bonds or both. ..and from time to time you can ask him to look over your securities with you. D TRI I I'd need a big lump sum to get started. False. For as little as $40 every three months, you can buy stocks on the Monthly Investment Plan ...a convenient method of invest ing regularly on a pay-as-you-go basis. Your broker will be , happy to tell you more about it ...and ask.him for bur helpful booklet, "DIVIDENDS OVER THE YEARS." It tells about the Monthly Investment Plan and gives the records of over 300 stocks on the Exchange that have paid dividends every year for 25 to 109 years. This inter esting little booklet is yours absolutely free. ..just ask your broker or mail this coupon. Isn't it time you looked into the possibility of putting your money to work to give you a second income? Own your share of American business Members New York Stock Exchange Send for new free booklet. Mail to your local Member Firm of the Stock Exchange, or to the New York Stock Exchange, Dept. 70, P. O. Box 252. New York 5, X. Y. ricate send me, free, "divi dends OVER THE years" list ing stocks which have paid cash dividends every year for 25 to 109 years. 4390 KAME ADDRESS- BROKER, IF ANY. ZONE STATE .