Medford mail tribune. (Medford, Or.) 1909-1989, October 17, 1957, Image 19

Historic Oregon Newspapers

Medford mail tribune., October 17, 1957, Image 19

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Newspaper Page TextGold Getting Back Into Financial News i, M ' - fc X-. 1 Br ELMER C. WALZER United Press Financial Editor ew York n? Gold, the al eost forgotten metal, is getting back into the financial news WW1 a ?a i n with phrases that sound like those of the 1920s. Since gold is taboo for private owner ship and since it no longer is the pole to Elmer Waizer which curren cies are hitched, there hasn't been much talk about it. Now Wall Street is digging up material on what to do in defla tion and gold is given many paragraphs in the discussions. Old-timers and newcomers in sist that in inflation the thing to do is get out of money into stock equities, and in deflation to get out of everything and into money. Stock Nearest Thing The old old-timers would tell you that in deflation the thing to do is get out of everything and into gold. Since one cannot get gold any longer, the nearest he can come to it is buy stocks in tjold mines. In deflation the cost of produc ing gold used to decline and in the 1930s the price of gold ad vanced so the mining companies made money. There are two schools of thought on gold mines. One rec ommends them. The other sees Pussey Footing around for a Loan? Borrow the AMERICAN WAY LOANS $25 to $1,500 Auto Salary Furniture American Finance Corp. Phone SPring 2-8886 123 W. Main Medford little chance of their making money any better in deflation than in inflation now and holds that perhaps the only reason for considering them is the psycho logical influence of opinion. The stock exchange house of Arthur Wiesenberger & Co. de votes most of its current "invest ment report" to gold under the sub-headings of "gold the con- trary industry," and "bull mar ket in gold." Gold Shares Listed The letter lists several gold shares in the U.S., Canada, and Africa. The latter list includes one that has a name that reads Blyvooritzicht Gold Mining Co., Ltd. This is carried here for its name only not as a recommendation. "The suggestion that gold shares may be purchased is not predicted upon early expecta tion of a changed gold price," the Wiesenberger letter says. "This could, however, occur sooner than most expect, es pecially in view of currency difficulties of many nations abroad." Theyll Do It Every Time By Jimmy Hatlo WOW! A UALF-A-BUCK QQAR (PCFP) AH-Hl IF TWERElS ONE THINS X KNOW, IT'5 GOOD TOBACCO! YES. SIREE ! WHAT AROMA! THANK'S, PAL J V. V WELCOME. VERMIN I SOT fT AT TdE 6RAND JURY BANQUET... AM'SEEIM'AS HOW I DONT SMOKE, I RG6EREO I'D GIVE IT TO SOME BODY WHO REALLY APPRECIATES THE FINER UP... WAT'S A "f FOR NOTMN' TASTES GOOD TWO-FOR-A-NICKEL ) WE ATE A 80X OF PILLS ROCKET! MONQOOSE TWAT WAS IN Ti-IE MEDICINE. W, PUT A FANCY -L CHEST SINCE THIS JOINT MA BAND ON IT. TWATS MADE" OF OLD SWEATSWRTS AND BICYCLE TAPE... HE KNOWS TOBACCO LIKE I KNOW E'NSfElNS OROODiES.ff, 7A15 MAY BE A GAG ON VERMIN. BUT WERE Al I IMLMI IMrt; Td AT PLUMBERS' Ti lPERFECTO. cTil 1 i R. MR to- n 2 IP-, 7. CMC TCATOIES SYNDICATE. QLO EIGHTS RE3ER.ED. Laughing jwas the office cheap -john goes for the ha -hah bait"... ? A Uatio uat-ijjanx'to lKl MIAMI BEACH, PL4. Trash fish To Be Used in Fish Flour New Bedford. Mass. 1Pi A I Midwest biochemist has moved into New Bedford to reap some of the trash fish harvest of the Atlantic ocean. Ezra Levin plans to process fish into a highly nutritive fish flour and fish meal. The flour, an additive, is odorless and taste less. Levin says it can greatly enhance the nutritive qualities of cereals, flour, corn meal, soups and other foods. The new plant will be the first in the United States to pro duce fish flour "a stabilized, deodorized product of high biolo gical value." Levin said it probably- can solve the malnutrition problem of the world. 1977 May Be Golden Age for Pculfrymen Davis, Calif. (IP) Although the chicken of 1977 won't lay a golden egg, she could very well add up to bringing in a golden age for poultrymen by super-laying activity. That's the opinion of a group of University of California poul try scientists who issued a 20 year forecast for the benefit of some 400 poultrymen who at tended the Poultry Institute here. The experts foresaw a closer control of the hen's environment which will bring about revolu tionary improvements in the poultry rancher's operation, in cluding a multiple-story "egg factory" that will house thou sands of well-bred chicks and hens. It will be painted and de signed to resemble a modern factory, could be located in the city, and would save the poultry man from sinking all his capital into land. Feed will be carried to the top story by elevators, then fun neled down to feed the caged inmates. An endless conveyor will make egg gathering a pleasure instead of a time-con suming chore. Other modern conveniences to bring about a luxurious life for the hens include "isolation cells" for diseased birds, sound proof 'walls to give peace and quiet, better humidity and tem perature, a higher quality of air, a shorter "work day" and food conversion to cut costs of feed. Non-cooperating cull chickens, the experts concluded, can be turned into profitable by-prod ucts. FLU IN HAITI Port Au Prince, Haiti. (IP) President-elect Francois Duva: lier, who will " be inaugurated next Tuesday, canceled a speech at Gonaive today because of the Asian flu. His aides said the ill ness would not affect the inaug uration. -Duvalier's confinement coincided with the arrival in Port Au Prince of Dominican Republic dignitaries who yester day awarded military junta chief Gen. Antonio Kebreau the Great Cross of Duarte Sanchez Y. Mella, the highest Domini can decoration. 2) 0GDff 0009(3 . Q a mviu n ) VALUE SPECIAL VUGGEI FULLY AUTOMATIC 1320 WATTS 43 CU. FT. PER MIN. FAN FORCED HANDLE AT BASE FT teirWy-v !h$r" at J 1 1 i .1 11 fci mmr r 11 t - (;i i MMMMIg I 1 s--psi .Wt & r " &wx? hJOLK f I STORE HOURS: I Li i TERRIFIC VALUE DELUXE AUTOMATIC MODEL SET IT Then FORGET IT Thermostat Maintains Even Heat Automatically (5)95 H00 W WEEK 1650 Watt 811 Cu. Ft. Per Minute Both Fan Forced and Radiant Heat Safety Switch if Overturned OTHER MODELS UP TO 39.95 STORE HOURS: 9:30 a.m. to 5:30 p. Mondays to 9 p.m 122 EAST MAIN STREET PHONE SP 3-5348 Earl of Lonsdale Seitles Controversy Harrisburg, Pa. (IP) The Earl of Lonsdale, Cumberland County, England, has settled a long-standing controversy be tween two towns in Cumberland County, Pennsylvania, over the correct spelling of one of the principal streets in each of the communities. Carlisle; named for an Eng lish town two centuries ago, de signated one of its main streets "Louther." Lemoyne, a relative upstart of 50 years' vintage, named one of its streets "Low ther" and has since insisted its spelling is correct. Lemoyne insisted that Car lisle's spelling, a continental ver sion, was incorrect. Lord Lons dale confirmed tins; ironically enough, at the request of a Car lisle native. Robert G. Crist told the Cum berland County Historical So ciety he checked the spelling wth Lord Lonsdale, who is titu lar head of the Lowther family and owner of Lowther Castle on River Lowther in the parish of Lowther. Crist said the mistake may have come about in one of two ways. When William Penn's sons planned Carlisleback in 1751 they may have become confued with the spelling of nearby Ft. Loudoun. But Crist said it also was possible the error was an evolutionary one occurring through an increasing German influence on the language in the area. All indications point to no change in the Carlisle spelling. It has used Louther too long. The Republican party was started at Ripon, Wis., Feb. 28, 1854. Thursday. October 17. 1957 MEDFORD (OREGON) MAIL TRIBUNE THREE Medford Lions Set Two Week End Events The Medford Lions club plans two fund raising events this week end. The club will sponsor a "Hun ter's Breakfast" Sunday at the Top Notch cafe on South Central ave. between 4 a.m. and 1 p.m. Club officials said the breakfast is not limited to hunters, and invited other persons to the breakfast. Hotcakes, ham, sau sage, and eggs will be served by club members. The annual Lions club broom sale, which was postponed re cently because of rain, is sched uled Saturday between 11 a.m. and 4 p.m., and Monday even ing. The brooms are furnished by the Oregon Industries for the Blind, and proceeds from the sale go to the club's assistance to the blind fund. Being offered GOOD for sale are regular brooms, wnisk and toy brooms, club members said. NEWS! ...L LI- B For those of you who were unable to attend last Spring WE ARE ORGANIZING ANOTHER DALE CARNEGIE CLASS IN EFFECTIVE SPEAKING HUMAN RELATIONS SELF CONFIDENCE SALESMANSHIP WEDNESDAY, OCTOBER 23, 7 p.m. Jackson Hotel - Medford, Oregon NORTHWESTERN SCHOOL OF COMMERCE 709 S.W. Salmon (at Broadway) Portland 5, Oregon ;3 :tr Kentucky Blue Grass gains its name not from the color of the leaf but from a faint purplish-blue tint of the blossom, seen only if the grass is allowed to grow unhampered through the early summer. 3 at Weisfield's The "TAPER TRIM HOME TRIAL 14 DAY fill 14-INCH PORTABLE " 1 ' B K IN LIMITED NUMBER! fill f7 TTi IS - ' lip ft 'A PAY $-j!.50 PER - KfcM "Just 27 lbs. . . . with new 'smaller-than-oll look." BRIGHT CONTRAST VIEWING IN SUBURBAN AREAS WITH NO PICTURE INTERFERENCE EVEN IN DIFFICULT NEIGHBORHOODS. Side-by-side tests prove Westinghouse superiority ... it has all the features, power and performance of a full-size console! ' "Taper-Trim" Styling . . . Westinghouse is designed for functional beauty. Lightweight Aluminum Cabinet . . . easier to carry than sets of equal size. Telescoping antenna is optional. Horizontal "Silver Safeguard Chassis" . . . cooler longer-lasting operation with less servicing. Over I2KV Picture Power . . . "Push-Pull" video circuit, no weak, washed-out pictures. Aluminized Picture Tube . . . makes smaller, more com pact cabinet possible. oti." as iw.,... i4.Divi. With a , "-new, Jewe Qlm TRA- , I Non .. Ptf mt"Hi until . , Per ' fcw Cry. "u""' I ICr;- ZONE t6n9? ' i 111 riPT 1 1 NIIJ PT BUnUF CD 1 OIO CTflDC UnilDC. 9:30 A.M. to 5:30 P.M. lc CHOI nlMlN oil - rnuriL or o-uoo oiuiil iiuuiiu. i Mondays to 9 P.M. AT WEISFIELD'S PRICES GOOD Friday, Saturday & Monday Reg. 2.95 Pliable Plastic Dish Pan Rectangular, unbreaka ble. - Reg. 2.95 Tea Pot Sugar and Creamer Hand-decorated ceramic set. Values to 5.95 Assortment Ice Buckets Selection of many styles. Reg. 3.95 Six-Inch Sargent Block Plane Steel, adjustable I o w angle. Reg. 1.95 Stone-Set Pierced Earrings Large attractive selection Reg. 4.95, 12" Birch Carpenter Level Save almost $4 on this offer. Reg. 2.95, 2-Qt. Alum Whistling Kettle Whistles when water boils. Reg. 2.95 Aluminum 6-Cup Percolator Ideal for home ... camping. YOUR CHOICE (Q)(QJ BIG SAVINGS 'AYS Reg. 2.95 Revolving Ceramic Lazy Susan Set in brass frame. Reg. 2.95 Hanging Metal Belt Rack 10 rubber-tipped hangers Reg. 2.95 Cheese Bd. With Cutting Knife Knife fits into board. Reg. 1.95 Assorted Costume Jewelry New styles and colors. Reg. 3.50 Ball-bearing Lazy Suzan Trays 16" size in polished wood. Reg. 2.95 Assorted Bavarian Ceramics Including modern vases. 122 E. Main Phone SP 3-5348 STORE HOURS: 9:30 a.m. Jo 5:30 p.m. Mondays Until 9 p.m. Reg- 1.95-2-Piece Crummer Set Stippled aluminum, wood Reg. 2.59 Ironing Board Cover Complete with padding.