Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 31, 1957)
o SIX MEDFORD (OREGO&) MAIL TRIBUKE Tuesday, December 31, 1937 00 e Three Fishermen Believed Drowned Seattle OF, TY&e men were feared drowned Monday after their fishing boat was wrecked by a breaker at Grays Harbor Sunday night, the Coast Guard reported. ' The men were not immedi ately identified. oast Guardsmen said tfie fishirig boat Victoria was de stro.fod by strong breakers. An sir aid water search turned up no sign of the three men be lieved to have been aboard. Crewmen aboard another fish ing vessel, the Adeline, reported thev saw a biz breaker hit the Victoria. Th boat's light went out and the craft disappeared, they said. 1 3 1 ,s k?4 HEADING reshuffle of top Soviet leaders, N. A. Belya yev is named first secretary of Communist Party in Ka zakhstan, central Asian re public. (International) Predicted Rise in Housing Starts Ups Equipment Demands By ELMER C. WALZER United Press Financial Editor New York IP One of the strongest groups in last week's stock market had to do with housing. Demand for building equip ments increas ed when vari ous groups p r e d i cted a rise in housing starts in 1958 even though the rise was not expected to get under Limer Waiaer way until the Spring with the best gains late in the year. And housing starts were ex pected to rise only a moderate amount less than 100,000 units. The experts believed easier mon- , " ?4 or nothing. That industry had a tough time in 1957 because of a strike. Wall Street is taking a big in terest in housing at this time, not so much because of the improved outlook for 1958 but because of the prospects for a big boom to ey and easier terms for purchas ers would aid building of new homes. Stocks that moved up last week included makers of gyp sum, plumbing supplies, heating controls, glass, plywood, build ing board, and electrical ap pliances. May Help Sustain Market These aren't the type of stocks that could lead a broad market recovery but they have been fairly well liquidated and their strength could help sustain the market, the experts assert. Another group that was meet ing better demand was the group which makes the big earth mov ers for road building which also is being talked up at this time. Incidentally the cement stocks that .would benefit from both week from today if no wage home and road building did little agreement is reached. come in the 1960s when the World War babies marry and build their own homes. . High Cost Biggest Problem The big difficulty in home building in recent months has been the high cost . involved. Tight iioney brought higher in- Montgomery Ward Faces Strike Threat James A. Suf fridge, president of the union, said in a statement the strike call resulted from five months of "fruitless negotia tions" for pay increases. A spokesman for the. Chicago Montgomery Ward store said Ward management met with the clerks' union in August and of fered a wage increase but not the across the board type the union wanted. Washington (IP) The Montgomery Ward mail order and retail chain today faced the threat of a strike on Jan. 6 un less it comes to a contract agree ment with its clerks. The Retail Clerks Interna tional Association announced Sunday it will strike against "key stores" in the chain a terest rates and raised costs of carrying the homes once they were built, and the demand fell off. With money easier, better mortgage terms are anticipated. This is the principal lure for new home buyers in 1958, according to the experts. Also there will be an attempt to turn out relatively low-cost homes that will come within reach of the average home pur chaser. This is said to be a dif ficult task in view of the high costs all around, especially for building labor. Industry Warned . Norman Strunk, executive vice-president of - the United States Savings and Loans League, warned the housing in dustry to take a lesson from the troubles of the auto industry. If the housing industry gauges the needs and wants of its market more accurately than did the auto industry, it can escape these troubles," he said. ' LYCEUM MEMBER DIES Fort Lauderdale, Fla. OP) Mrs. Elsie Lombard Brush, 75, a member of the original Lyceum Stock Co. in the 1890's, died here Saturday at a hospital. She was the widow of John T. Brush, president of the New York Giants baseball team from 1903 to 1912. Alvaston, England (IP) Resi dents of Alvaston Lane found out today why their mail and visitors have been going astray. A workman hired by the town council changed all the street numbers on the lane while no body was looking. TO OUR MANY FRIENDS AND NEIGHBORS! A good idea bears re peating . . . especially one like "Happy New Year." Ev eryone represented here wishes wonderful 1958 for everyone who reads this newspsperl May these mes sages warm the passing of the old year and brighten the prospect of the new. May every good wish ex tended here come bounti fully true for you in 1953. GREETINGS from MEDFORD PHARMACY and BABY CORNER Sixth and Central Closed Christmas Day 0T-: mm Time marches on! Here's to a New Year Filled with gladness, gayiety, friendship and well-being for all! I WsCPIPTI0NS I DRUG CENTRF I We hope 1958 will be a year of happiness and prosperity for each and every one of you. (CUE 122 E. Main St. Ph. SP 3-5348 We hope that every second of every day brings good health, wealth, and cheer throughout the New Year. PURUCKER MUSIC HOUSE 111 North Central Ave. Happy New Year May the coming year bring you a full measure of pros perity and happiness. RAYSPRAY INDUSTRIAL AND COMMERCIAL CHEMICAL APPLICATORS 201 Garfield .A A Bright and Happy New Year to You . . . May your New Year be filled with golden o opportunities MORTON MILLING CO. 10 W1IT JACKSON We hope that you have very good fortune in all the months to come! RESTAURANT louth Pacific Highway As another New Year fast approaches, we are happy to take this opportunity to thank you for your valued patronage and to wish you and yours lots of luck. I ffai OREGON TIRE & SUPPLY, INC. Steve O. Wilson and Harold Gregory 2850 Crater Lake Highway To everyone, every where, we wish the best of luck in 1958 and many more hap py New Years to come. HOLLAND'S STUDIO of BEAUTY 24 South Grape St. It is our v sincere wish that the New Year sees all your most cherished dreams of happiness and suc cess come true! SEW (GLASS COMPANY 303 No. Bartlett ill Hopkihs-Safley Insurance Agency 30 Goldy Building ' Greetings To One and All! EKERSON PAINT & ROOF STORE GLASSHEAT of Southern Oregon 619 EAST JACKSON BOULEVARD To One and All! WARMEST GREETINGS from OREGON-CALIFORNIA TREE SERVICE RAY CHAMBERLIN 2312 Roberts Road - Phone SP 2-8052 MM 1 r-T i I Greetings from' ... estern TThrnft . 30 North Central Ave. w " . . 'f- .r- -"- Our sincere wish that the New Year brings' you fulfillment of every desire. TRU- CONCRETE CO. 248 E. McAndrews Road - - 9 -3 o MEDFORD TIRE SERVICE 123 So. Riverside HAPPY NEW YEAR May the year to come Bring joy to you! OREGON CALIFORNIA LIPPERT THEATRES The words are the same . . . the sentiments, too. A Happy New Year from us to you! WILLIAMS & CROUCHER AUTOMOTIVE SERVICE 31 South Grape St. .. .) ... , Our sincere wishes for a very Happy New Year . . . May you enjoy good health, fellowship and happiness. S-W FLOOR COVERING SHOP 709 So. Riverside Me TP! o r
