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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Nov. 6, 1957)
o FOURTEEN MEDFORD (OREGON) MAIL TRIBUNE Wednesday, November 6, 1SS7 Public Prefers Blue Chips To Oats, Dogs In Viewing Market By ELMER C. WALZER New York W The public prefers the blue chips to the oats and docs in the stock market. At least they like best to look at quota tations on the top - ranking stocks in the nation's brok erage houses. Teleregister Corp. which operates 4 8 6 Elmer Waisr quotation boards throughout the nation finds the most popular stocks are the ones in the best averages. Chrysler Corp. tops the list and is quoted on 470 of the boards. Next comes General Mo tors, Standard of Jersey, and U. S. Steel on 469 boards each. Gen eral Electric and Bethlehem Steel are on 465 of the boards. Westiriouse Electric, New York Central, and American Tel ephone are quoted on 460 boards. Then come Anaconda on 459. Republic Steel on 458, Radio Corp. on 456, Boeing Air plane, Kennecott Copper, and International Telephone on 456. Oil and railroad issues led in popularity in October, the Tele register compilation showed. Of the top 100 issues in boardroom popularity 13 each were in oils and rails. Then came the metals and air crafts with nine each; chemicals and steels with eight each. .There were five utility and communica tions issues. There were four each of air line and automobile issues: three each of rubber, mercantile and amusement; two each of paper, textile, farm implement, electri cal equipment, liquor, and build ing; and one each of tobacco, soft drink, office equipment, container, air conditioning and electronics. The same situation prevails on the American Stock Exchange where the top issues are Elec tric Bond Si Share, U.S. Foil B, Pacific Petroleum, Molybdenum, Imperial Oil, International Pe troleum, and Barium Steel. The big board listings run neck and neck with those in July but are changed in a few in stances compared with the ' end of 1955. At that time, General Motors was No. 1, and Bethle hem Steel No. 2. Chrysler was 7th and Standard of Jersey 5th. Teleregister boards list 1,221 New York Stock Exchange stocks, 285 American Exchange stocks; 81 Midwest Exchange stocks; 33 bonds; nine industrial bonds, and 125 different com modity future contracts. Spread of the use of these quo tation boards reflects growing in terest in the stock market de spite its decline. The top 100 issues comprise the who's who of the stock mar ket so far as the stock issues are concerned. And those issues for the most part haven't lost their popularity on the brokerage house boards in the past years, the tabulation reveals. Is That So? By EUGENE BURNS Ranger-Naturalist On Thursday, Friday, and -Saturday night next week cock your eye into the constellation of Leo and you may see a good show a meteor display shoot ing from its heart. It comes each Q year between Nov. 14-16 and it may be a feeble show but again it may be a great display. Just 124 years ago, it caused tremendous fear in South Carch lina. A description of it has been given by a South Carolina plant er who wrote: "I was suddenly awakened by the most distressing cries that ever fell on my ears. While earnestly listening for the cause I heard a faint voice near the door, calling my, name. I arose and, taking my sword, stood at T 1 t f JS.TT W - 1 the door. At this moment I heard the same voice still be seeching me to rise and saying, 'Oh my God, ff.e world is on fire!' I then opened the door, and it is difficult to say which excited me most the awful ness of the scene, or the distress ing cries of the Negroes. Up wards of a hundred lay pros es trate on the ground, some speech less, arsome with the bitterest cries. But with their hands raised, imploring God to save the world and them. The scene was truly awful: for never did rain fall much thicker than the meteors fell towards the earth: east, west, north and south, it was the same." Although such showers seem unusual it is surprising how often clusters pass through our atmosphere particularly now that they can be tracked in good weather or foul, by the dark of the moon or the light; and more important during thhe intense brightness of day. Like jet planes streaking through the stratosphere leav ing vapor trails, meteors too leave giant trails which can be picked up by radar. They are formed of intensely heated gas produced by the meteors which may travel at speeds often ex ceeding 100,000 miles an hour. Particularly if they hit our at mosphere head-on, going against the earth's direction. Then the combined speed can be as much as 160.000 miles an hour fast enough to take one from the earth to the moon in 90 minutes. Half-Inch in Diameter Even though the light is bright briefly outshining all the stars put together, the meteor is seldom more than half an inch in diameter. In fact, such "giants" are quite rare. Perhaps a thousand such hit the entire earth every hour. Although this may sound like a large number it isn't. Remem ber the earth is about 197,000, 000 square miles and every hour it carves a tunnel through space 8,000 miles in diameter and 66,000 miles long the di ameter of the earth and its speed through space. The total number of meteors of all sizes which hit the earth every hour is enormous run ning into the billions, says Arthur C. Clarke in Holiday. But the vast majority are small er than grains of sand. Of these, about ten each day are too large to be consumed by the friction of their passage through the atmosphere and so they manage to reach the earth's surface intact. Because these are only samples we earthlings have of matter outside the earth, naturally we study them close ly. To look at one, it gives the appearance of having been thrown out of a slag heap. And that is what it is, cosmic slag possibly part of the debris left over when the planets were formed some three or four bil lion of years ago, says Clarke, or possibly a fragment of a planet which once existed be tween Mars and Jupiter and exploded. Unprepossessing as this lump may seem, yet it may contain a clue to our weather ... a sub ject we'll discuus another time (Copyright, 1957, by Eugene Burns Distributed by Mc Clure Newspaper Syndicate) Free: By special arrangement with the editors of the Ency clopedia Americana, my panel of judges will award each week to the reader who sends me the best true-life nature adventure, the best nature observation, or the best question on nature and wildlife, a complete 30-volume set of this world-famous refer ence work in a handsome Seal- craft binding. Each week new submissions will be considered. Sorry, I simply can't answer your many menaiy letters. Please address your letter to: Is That So co Medford Mail Tribune. Box 575 Sausahto, Calif. Now Many Wear FALSE TEETH With Little Worry Eat talk, laugh or sneeze without fear of Insecure false teeth droppinc slipping or wobbling. FASTEErTH holds plates firmer and more com fortably. This pleasant powder has no pammy. gooey, pasty taste or feeling Doesnt cause nausea. Its alkaline' non-acid). Checks "plate odor"' (denture breath). Get FASTKETH at u; drug counter. Defense Continues In Sherry Fong Trial Portland OPt The defense today continued to present its case in the secod degree murder trial of Sherry Fong, 26-year-old Portland woman accused of the 1954 death of a baby sitter, Diane Hank, 16. Attorney John P. Hannon said he will call Mrs. Fong to the stand before resting his case. The state rested its case Tues day after presenting 51 wit nesses and entering 99 exhibits into evidence. State Attorney Robert Christ said the state's theory was that the Hank girl died after swallowing barbitu ates served in a cocktail at the Fong home. Men0!dat50or60! fiecharge Body's Batteries -Feel Younger Fast! Thousands who fee! weak, worn-out at 40, 50, 60 blame fading vigor on premature ageinc! when real cause is just lack of invigorating iron and therapeutic dose Vitamin Bi, needed to re charge body's batteries. Thousands are amazed t way potent, new and improved Ostrcx Tonic Tablets pep up blood, cells, organs, nerves. In just one day Ostrex supplies iron equivalent to 16 dozen raw oysters, 4 lbs. of liver or 16 lbs. of beef. 3-day "get-acquainted' size costr little only 69?. At all druggists. NORTH SPUTNIK II fsJ WEIGHT 1.120 N POUNDS J AUITUOS 1.054 MILES In SPEED 17.W0 M P H. IOUND TUP 103 7 MIN "MOON - ' -.Nfr y? VL'pS? v Trl flYrA rCVv Xrr 4TuPT'c ' J africa X I J X:::: : SPUTNIK I WEIGHT 1(4 POUNDS ALTITUDE 540 MILES SPEED 11,000 M P H. HOUND TRIP 9602 MIN. RED SATELLITES Boxes on newschart give the com parative figures on Sputnik I and H. The new satellite, believed to be cone shaped, carries a half-ton of scientific and measuring equipment, plus a live dog. There have been widespread rumors that Russia soon would fire a rocket to the Moon, upper left. In Washington, U. S. rocket expert Willi Ley, said it would take four days for a rocket to reach the Moon. Knight Pressured, Roosevelt Declares Portland IP Rep. James Roosevelt (D-Calif.) said here Tuesday night that the Republi can national administration put pressure on Gov. Goodwin J. Knight to resign from the gov ernor's race against Sen. Wil liam Knowland (R-Calif.) and run for the U.S. Senate. Roosevelt, in Portland to at tend a meeting of the House labor standards subcommittee, said-the original "pressure" on Knight came within California, but "in the past 24 hours pres sure was exterted" as high as the White House." He said he felt, however, the public will be given a "good, clearcut choice" in the California gubernatorial race. NEGROES TO MEET Memphis, Tenn. (W Negro leaders will hold mass meetings in 11 southern states Jan. 20 in an effort to double the Negro vote in Dixie. Dr. Martin Luther King, Montgomery, Ala., bus boycott leader, said at the "cru sade for citizenship" meeting that the January meetings will be held in about 20 cities in Florida, Alabama, Georgia, Mis sissipi, Louisiana, Texas, Arkan sas, Tennesee, , Virginia and North and South Carolina. 'j&jhl fBB?r ) JIM METZ 1310 Ridgeway Medford, Oregon Phone: SP 2-4294 yevr Equitable representative asks: "HOW MUCH ARE YOU PAYING YOURSELF?" Your Equitable representative can show you how to put aside part of your income for yourself ven though yon may now think it impossible. An Equitable savings plan is completely-different from other means of saving money. It's the savings plan that really works! It's helped thousands of other people, and it can help you. Don't delay any longer; to get all the facts, check with your Equitablt man or fill in and mail the coupon below. 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And after thousands of unbelievably tough miles, all roads led to one conclusion: the 58 Ford is the solidest, smoothest, travelingest new car ever! Let us show you the world's most beautiful new bargain! T'll bt ahfi witli Ford's tw Interceptor V- oitd Preciiira Fuel lidictira. There's nothing newer than these enginei that give you up to 300 hp. Smoofner powerl From less gas! One secret is Precision Fuel Induc tion, o new corburetion, fuel feeding, and combustion system. It routes the fuel-air mixture from carburetor to machined com bustion chambers directly, so each cylinder does the same work, the most work I j WTfthfTm . iGmrssrzBsn) ! Wmmm MJxrzzmsA e y kmimm imam! J Toe'll gel p Is 15 mora gas savings with new Craisf-O-Matic Drive teamed with the new Interceptor V-8. Here is the newest, most versatile of all automatic drives. New Dl position, used for all normal driving, lets you move smoothly at a touch of your toe from brisk, solid-Feeling take-offs up to highway cruising speeds. Gos-saving axle ratio used with Cruise-O-Matic means "built-in" overdrive savings. Toe'll ridt on a dead instead of a spring with Ford-Air Suspension. This is the way you've dreamed of driving floating on arr Four air pillows literally soak up bumps. And the Ford's new air suspension is power . controlled to relevel the cor every time someone steps inside or luggage is loaded. H always keeps full road clearance. An extra cost option, you get all this at tradi tionally low Ford prices! You'll steer with feather looch with Ford's ew Magic-Circle Steering. Nothing rolls like a ball, and that's the secret of Ford's handling ease. Free-moving steel balls in the steering mechanism are virtually friction free give you the closest thing yet to power steering I And this is just one of the many new "Inner Ford" advances you'll discover in the 58 Ford that's been proved around the world. Come in and see it for yourselfl Come in tomorrow... Action Test America's only world-proved car! Main and Fir Medford o
