Medford mail tribune. (Medford, Or.) 1909-1989, January 24, 1958, Image 15

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    1
52nd Year
Aft
EDFORD
Price 10 Cents
Tribune
Second Section
MEDFORD, OREGON, FRIDAY, JANUARY 24, 1958
Pages 1 to 6
Portland Bus Fare
Increase Rescinded
Portland W y (W The
city council has reversed it
self and voted down a hike
In transit fares from 20 to 25
cents a ride.
The council had approved
the increase last week and it
was scheduled to go into
effect Sunday.
Howard Morgan, state pub
lic utility commissioner, then
challenged the action and the
council rescinded the ordin
ance Wednesday after Com
missioner Ormond R. Bean
said he would not vote for any
fare increase "until its
legality is more clearly ap
parent." The council's latest action
raised the possibility that the
Rose City Transit Company
could serve notice to the city
that it will cease operation
within 30 days.
EDUCATOR DIES
Middletown, Conn. (IPl
Educator and author Homer
E. Woodbridge died Tuesday
night in Middlesex and Me
morial hospital. He was 75.
A professor emeritus and
former head of the English
department of Wesleyan Uni
versity, he also was the au
thor of several works in Eng
lish literature.
' 1
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FLYING IN FROM JAMAICA, British troops arrive in Nassau as precautionary meas
ure in four-day general strike touched off in Bahamas city by dispute between taxi
drivers and transit companies over airport business. (International Soundphoto)
Arlington Man To
Gppose Al Ullman
Salem OPI Marion T. Wea
therford of Arlington has
filed his candidacy for the
Republican nomination for
Congress from Oregon's sec
ont congressional district.
He seeks nomination to the
position now held by Rep. Al
Ullman (D-Ore.).
Weatherford promised "in
tegrity in government and fi
delity to the needs of eastern
Oregon."
Weatherford is a past presi
dent of the Oregon Wheat
League, former chairman of
the Oregon Wheat Commis
sion, and is president of the
Pacific Northwest Grain &
Grain Products Association.
Additional Contracts
For Portland Hoped
Portland (IP) Local offi
cials hoped today that reclas
sification of Portland as a la
bor surplus area would help
the city gain additional gov
ernment contracts.
The Department of Labor
Wednesday placed Portland in
group D from group C, mean
ing that between six and nine
per cent of its labor force is
unemployed.
Other Northwest cities re
mained in class C.
5,000 Acres of Oregon
Land Said Reforested
Salem (IP) More than
5,000 acres of cut-over forest
land has been reforested dur
ing the past season, the State
Forestry Department has re
ported. The reforestation completes
current work on all lands list
ed for seeding under pro
visions of the state's conserva
tion act.
Use Tribune Want Ads
TABLE ROCK
Teachers Assume Duties
By R. E. NEALON "
. Table Rock Newly ap
pointed teachers in the local
Sunday School took over
classes last Sunday; The Rev.
S. W. Pleasant has the Bible
class; ,Bert Pierce, young peo
ple's; Mrs. S. W. Pleasant,
juniors; and Mrs. xJohn Dick
ey, primary class.
For the past two weeks the
Bible study class has been
tether Hew
Furniture
MM
USE
mm
meeting at the home of Mrs.
R. E. Nealon with the Rev.
Allen Hill of Central Point,
American Sunday School mis
sionary, as teacher. They meet
at7:30 p.m. each Tuesday for
an hour's study and song service.
Norman Matteson, pharm
aceutical salesman for Boyle
and company, of Bell Garden,
Calif., is working this week
in Klamath county, and is ac
companied by West district
sales manager, Nelson Har
bert, of Tacoma, Wash.
Newer than next year! Yes, here's
a sleek, slim-lined, modern
bedroom group designed for
today's easy living. Expertly built
of Western hardwoods, this group
is available in 5 finishes:
Driftwood, Gun-metal, Golden
Harvest, Walnut and Mahogany.
It's amazingly low-priced and
available in open stock . . .
buy the group, or a few pieces
and add a piece later.
See it here tomorrow.
Thit offer is made pos
sible through our Quan
tity Purchasing whereby
you receive the discounts.
(A
LI
NEXT YEAR'S" PIECES
BOX SPRING
& INNERSPRING
i ; ;
- "t
MATTRESS r Only $39
195
$(5)95
Only $7.70 Month
FREE DELIVERY
'Added Special
90'
Center Section
ONE ONLY
3 Piece Sectional
5" Loose Goodyear Foam Cushion
DUPONT
ACETATE
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123 S. Front
Phone SP 2-7121
Lloyd Dyer, the Ford sales
man, who soft-soaped us into
buying a Ford car, has done
it again, having learned that
J. S. Richardson's old Pack
ard had skinned its nose on
icy pavement, moved in, and
after a few days of praising
and pleading, succeeded in
selling him a brand new '58
Ford.
Ray Wyatt, the congenial
proprietor of the Table Rock
store, has given us a 1958
copy of The Old Farmers Al
manac, established in 1792
and wanted us to decipher it,
and tell him what kind of
weather to expect during the
month of February. As near
as we can figure out the code,
we are to have a variety of
weather, from mild to very
cold with snow, rain and
wind. However, St. Valen
tine's Day, Feb. 14, which Ray
probably is the most inter
ested in, will be cold and
fair. If Ray is not satisfied
with this, he will have to
wait until Ground Hog Day.
Don Seegmiller, who has
been employed for some time
on the Table Top Ranch, is
laid up with an injured -leg
as a result of a horse falling
on him during a cattle round
up.
Field mice have become
more plentiful this winter
than for sometime, and are so
numerous that cats, barn owls,
skunks and coyotes, can't
seem to make a dent in the
local mouse population. Also
coyotes are becoming quite
plentiful, their get together
"howls" on the Upper Table
Rock being heard nearly every
night and some getting so
bold as to be seen in the fields
during daylight hours.
According to Mrs. Kerby
Tant, her husband, a federal
trapper, is kept on the jump
trying to answer the com
plaints coming to him from all
parts of the county about the
coyote nuisance.
Mrs. Abe Halfhill, a recent
visitor in Texas, states that a
4 per cent sales tax is levied
in that state each year for
school purposes, half of it
being used for white children
and half- for Negroes. The
school buildings being of the
same kind, all modern with
swimming pools.
Mrs. McManama, who suf-
i fered a stroke some time ago
is being cared for during her
.illness at the home of her son,
Herschel M. Harper.
Many from here attended
the funeral of the late Daniel
Doran in Medford, Jan. 14.
Mr. Doran, a resident here
for some 16 years, died in
Medford after a several
months' illness. A farmer, in
Market Activity
May Be Determined
By Day and Month
By ELMER C. WALZER
United Press Financial Editor
New York (IP) Well,
what's the stock market going
to do today?
question mar
ket men al
ways used to
say: "It will
open at 10
a.m. and close
at 3 p. m."
They revised
that statement
some years
Elmer Walzer ago to read
"open at 10 a.m. and close at
3:30 p.m."
And, of course, J. P. Mor
gan, the elder, always used
to reply to the query: "It will
fluctuate."
Now. the answer is a ques
tion "What day is this? If
it's Monday the odds are three
to one the market will de
cline. If it's Wednesday, the
odds are three to one the mar
ket will rise.
Friday Minus Edge
If it's Thursday, the chances
are even for a rise or de
cline. Tuesday shows a slight
edge on plus signs and Fri
day a slight edge on minus.
And then, too, it depends on
the month. The market usual
ly rises in January with the
previous year's year-end rally
carrying over. It has a gain
usually in March. Also in
July and November with a
better than good chance of a
rise in August, and Decem
ber. The chances of a decline
are good for February and
September. April, October,
May, and June are about even
in gains and losses over the
years.
Over the years, there has
been an upward tendency if
one ignores the'peaks and val
leys. This rise Is supposed to
allow in part for inflation
TREASURY RELAXES
Indianapolis, Ind. (in
state auditors and treasury
officials were happy today
that Davies County Prosecu
tor Dean H. Neeriemer is
abandoning his claim for 18
cents he said was due him
on paycheck shortages dating
to 1953. Now the payroll ac
count will balance, and the
state will save an estimated
$25 to $30 it would have cost
to pay the 18 cents and fix
up the records.. t
PUBLISHER DIES
Allentown, Pa. (IP) David
Aaron Miller, publisher and
founder of the Allentown
Call-Chronicle papers, died
Wednesday night in the Al
lentown General hospital aft
er a long illness. . He would
have been 89 in April. Miller
was honored by the Ameri
can Newspaper Publisher's as
sociation in 1949 for long and
meritorious service to journalism.
Salem (IP) The 13-mile
Sullivan Gulch route connect
ing east side downtown Port
land with the Columbia River
highway was to be completed
today with the opening of
the 42nd ave.-Union ave. unit
of the Banfield freeway.
LEAVING Long Beach, Cal,
home at 1 a. m. "to get a
few beers," Cecil Rose, flight
engineer, officer, is found
shot to death few hours later
in car parked in lovers'
lane. . (International)
Eastern Oregon for some
years, coming to this valley
and following the same line
for some time. He later did
orchard work at the Hull Or
chards for some 16 years, re
tiring in 1947.
FREE
Silver Dollars
THE ONLY
TRADING
STAMP
You Can Put in the Bank!
Silver Dollar Trading Stamps
and, of course, growth of the
nation's business.
The foregoing is based on
past history. The market has
performed according to a pat
tern by days and months. Bui
guessing what will do over
the years isn't easy.
Buy at Right Time
Of course, those who can
wait out their markets usual
ly win over the years, the
experts assert. The thing to
do is buy the right stocks at
the right time and then sit
back and wait keeping an
eagle eye on the management,
and the trend of the times
while waiting. New inventions
of tomorrow can nullify the
good things of today.
Right now, the experts call
the near-term market position
most conflicting. Even the
bulls warn that one must be
highly selective. They favor
choosing for purchase issues
where the bad news is out in
in the open and some bright
spots are ahead.
UK CHIEF KILLED
United Nations, N. Y,
Michael De Capite, 42, of
Hastings-on-the-Hudson, N. Y.,
chief of the United Nations
central editorial service, died
Tuesday of injuries received
in an automobile accident near
Taxco, Mexico, Monday night.
De Capite and Miguel Marin,
director of the U. N. Infor
mation Center i.i Mexico City,
were driving in an automobile,
which skidded off a cliff.
Marin was serviously injured.
Air Force To Build
Hoies in Tillamook
Washington HP) The Air
Force has informed Rep.
Walter Norblad (R-Ore.) it
will call for bids in the near
future on construction of 27
family houses at an estimated
cost of $530,000 at Mt. Hebo
Air Force base in Tillamook
county, Ore.
De Capite served with the
U.- N. Department of Public
Information for nine years.
SHORT TERM SPECIAL
V2 Cords DF Body Wood
16-Inch Length $20.50
Rdm. Length to 16 inches .... $16.00
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