Busy Spring Army
Of Stockholders
By ELMER C. WALZER
Uniled Press Financial
Editor
New York U
' m m .v..
mi
like a busy spring for Ameri
ca's army of stockholders,
' DrosD e c 1 1 v e
ffo. stockholders.
A survey of
if , m 1,200 compan-
a i i c m o H A hv
.Dr. Solomon
Balsam, direc
tor of the an
' n u a 1 reports
Elmer Hake department of
Contempo Agency, showed
that 60 per cent of them are
popularizing their annual re
ports for multiple use.
The New York Stock Ex
change is publishing today a
bulletin of 24 pages on "tell
ing your share-ownership
story."
The exchange bulletin lists
not only fancy annual reports
but also examples of slick pic
ture spreads, articles, and
tosses in ideas on television
scripts.
Plenty of Reading
There surely is going to be
a meeting of stockholders.
Preliminary reports for
1957 already are coming out.
Th Stork Exehanee notes
It looks ; tnaf the shareownership story
is big news, affecting the
daily life of every American.
These include the 13,700,
000, employees of stock ex
change listed corporations; up
wards of 8,630,000 American
stockholders of 1.100 compan
ies, an aaamon oi iiu million
people whose savings and in
surance funds are channeled
into stock investments by fi
nancial institutions, and the
19 million American families
who want to know more about
how to own their share of
American business.
Noble Effort
The corporations as in other
years are trying to get their
shareowners to read their re
ports. They are printing them
in color on good paper with
illustrations and graphs to
make them more understand
able. It's a good bet the reports
of the companies which have
cut or eliminated the divi
dends will get a reading.
And it's also a good bet
that the stockholders of these
a lot of reading matter avail-1 companies are planning to at-
able for the stockholder with
the will to read.
The way things go at this
time of the year for the com
panies with calendar year ac
counting plans is first to issue
a preliminary report, then an
annual report, and then hold
tend their company's meeting
to do some shouting about the
dividend actions.
There'll be lots of excite
ment at many a meeting that
has been a tame one in recent
years when earnings were
good and dividends high.
The Hollywood Scene Bu
Hollywood iff) Eva Marie
Saint, an Oscar winner who
twice showed disdain for parts
"where the girl just sits
around in' color looking
pretty," today might be will
ing to do just that.
This situation should .iot
be interpreted to mean the
fresh-faced, talented actress
hopes to nudge Jayne Mans
field out of the picture witn
one shake of her long blonde
hair.
"But I would like to do
something a little lighter for
a " change," she said, "some
thing where I don't cry-"
The tall, slender young
woman may have had refer
ence to her latest movie, "A
Hatful of Rain," where her
tears could make it a pair of
gold statues on her mantle.
Miss Saint received an Acad
emy Award as best supporting
nctress in 1954 for her role
nnnosite Marlon Brando in
"On the Waterfront."
Finding Stories Difficult
"Of course truly wonderful
love stories like 'Roman Holi
day' or "Sabrina' aren't easy
to find," she said, "but
would like to try something
along those story lines.
"An actress needs variety,
she continued, "and t h
scripts I have read in the last
two years tend to be running
but the heavily dramatic. And
I don't know why Hollywood
can't use good actresses once
in a while when the part calls
for a so-called 'sexy broad,
she said.
Miss Saint, whose Actors
studio training in New York
makes her an automatic mem
ber of the torn T-shirt set, said
she had one chance to "stop
playing Claudia" when she ap-
neared with Bob Hope in
"That Certain Something."
I wore beautiful gowns
sang, danced and thoroughly
Venioved myself," she said
with the wistful air of a Cin
derella who just turned in her
coach for a pumpkin. "It was
fun and a change."
Product of Television
The girl who today voiced
musical comedy leanings con
siders herself a product of
New York television. Four
years ago she had the curious
record of being one star of a
Hollywood . movie who had
been in the film city a single
HAZEL JOHNSON
nited Press Writer
time on a vacation years ago.
This situation developed be
cause "Waterfront" was made
in New York.
When she finally arrived on
the local scene with her director-husband,
Jeff Hayden, she
at first turned down movies
for television plays.
Miss Saint then explained
that she'd "be happy to do a
movie if I get a good story.
But one script they sent me
was for a western in which
all the girl does is stand
around in color and look
pretty."
Since then Miss Saint has
continued to be selective
about her movie roles, avoid
ing "those insane woman
things" which could entrench
her more solidly in drama
than she is to date.
Speech Meeting
Starts Today at
Southern Oregon
Ashland One hundred and
ten Medford and Ashland
business and professional peo
ple will serve as critics at the
ninth annual invitational high
school speech conference at
Southern Oregon college to
day and Saturday.
According to Leon Mulling,
associate professor of speech
and originator of the confer
ence, the speech convention
is th,e only one on the Pacific
coast in which so many pro
fessional people serve as
critics. In speech contests on
other campuses, students usu
ally serve as judges.
Medford Participates
Medford townspeople who
will participate are Bernard
Kelly, Mary Kelly, Jim Dun
levy, Clayton Lewis, Jean
nette Marshall, Kent Black
hurst, Richard Henselman,
Regina Hannon, Ronald Hart
ley, Celia Walker, Stanley
Jones, Virginia Floyd, Wil
liam Deatherage, Dewey Wil
son, Robert Dames, Darrell
Huson, Russ Jamison, O. H.
Bengtson, Isaac McCarley,
John Dellenbach, William Du
haime, Ervin Hogan, Donald
Hansen, and Adam Richter.
Ashland townspeople who
will participate are Harry
Skerry, John Cotton, Vir
ginia Cotton, Kitty Ingle,
Dave Hill, Ralph Wood, Regis
Bogert, Mildred Vest, Archie
Fries, Iona Taylor, Arlene
Miller, Moore Hamilton, Dr.
Vern Blue, R. W. Voris, Dr.
R. L. Burdic, Dr. Robert Bur
dic, Dr. Beverly Cope, - Ben
Lombard, Edna Andres, Caro-
Background Material Is
Available for Decisions
Salem Oregonians partici-t About 500 neighborhood
pating in "Great Decisions . . .
1958j' to study crucial foreign
policy issues faced by this
country will have a large sup
ply of background material
for small informal discussion
groups, Mrs. Mabel Mack, as
sistant director of Oregon
State college extension serv
ice, and state chairman of the
program, said.
The program starts the
week of Feb. 2 and runs for
eight weeks to help build in
formed public opinion on
world affairs through study
and group discussion. .
Twenty-nine Oregon coun
ties have formed Great Deci
sions councils to help organ
ize urban and rural discus
sion groups, and other coun
ties will participate on a more
limited basis, Mrs.' Mack said.
Neighborhood Groups
Friday, January 81. 1938
lyn Stevenson, Frances Silver,
Dr. Wayne Wells.
Faculty of Southern Ore
gon college and Lincoln
school complete the roster of
critics.
Townspeople are invited to
attend all sessions of the conference.
LOST ARTS
London (IP) Lord Winster,
in urging more "Backwoods
Lords" to attend the House
of Peers although it has little
legislative power, Thursday
defined a "backwoods peer"
thus: A man who knows "how
to kill a fox, get rid of a bad
tenant, and discard an un
wanted mistress."
The arable land of the earth
comprises only about f o.ur
per cent of its surface.
discussion groups have been
organized "and greater partici
pation is also expected th
year in Oregon school
through social studies classes
".tact sneet booklets on
each of the eight issues in
clude large maps of world
trouble spots involving U.S
foreign policy. Brief descrip
tions of each country and its
role in world affairs are in
cluded on the map along with
references for additional
study.
The fact sheets were pre
pared by the Foreign Policy
association, a non-partisan.
non - profit organization
world affairs analysts. Bibli
ographies listing books and
other published material on
issues are also available
discussion group members,
Books may be obtaine
through county libraries.
Newspapers, radios, and
television stations will play
key roles in bringing informa
tion on the eight issues, Mrs
Mack stated.
lnlormation on organizing
groups and obtaining discus
sion materials may be obtain
ed from local county exten
sion agents. Persons in the
Medford area may obtain fact
sheets from the Medford Pub
lic library.
MORSE ACCUSES
New York iff) Sen. Wayne
Morse (D-Ore.) charged the
Republicans Thursday night
with keeping the people in the
dark on foreign policy. Morse
speaking at a Young Demo
crats meeting, said the admin
istration has failed to make
the issues clear and to keep
the people informed.
Some of NYC's Central Park Charm
Rubbed Out by Criminal Activity
COURT RECORDS
MUNICIPAL COURT
Donald Edmond Vay, disobeyed
trattic signal, sd.
Mildred Emma Richmond, viola
tion of basic rule. S10.
Leo William Daniels, excessive
noise, sio
Russell Everett Vakoc. disobeyed
traffic signal. S5.
Gaylon Lee Diedrich, improper
lane usage. o.
Royal Dean Sapp. failure to yield
the rieht-of-wav, $10.
Mildred B. Pyle, violation of ba
sic rule. SIO.
Alfred L. Ricchi, violation of ba
sic rule. SIO.
Lawrence Edward Mullarkey,
violation of Basic rule. SIO.
R. Mead Cooley. failure to main
tain proper lookout, sio.
Clinton Carl Neeley, disobeyed
traftic signal. So.
Pauline C. Hoyt. violation of ba
sic rule. SIO.
Marvin Lorrace Stevens, dis-
obeved traffic signal, so.
Daniel Thomas Cobb, reckless
driving. S2o.
Arthur Alvin Guches, violation
of basic rule. SIO.
Thomas Hayden Wingert, dis
obeyed traffic signal, $5.
DISTRICT COURT
Ralph Eugene Rutherford, failure
to operate right side of highway,
SIO.
Virgil Bill Trammell, no tail
light. $6.
Alfred A. Pettitt. violation basic
rule. S15.
Billie J. Thompson, failure to
dim lights. SIO.
Mildred F. Buck, failure to stop
at stop sign. 310.
Vernon G. Ludwig. passing with
insufficient clearance. $10.
Harry Sumner Note, insufficent
binders. S15.
Jessie L. Gish, violation basic
rule. $15. bail.
CIRCUIT COURT
Nora OXeary Brabbin vs. David
B. Brabbin. divorce decree.
Michael Larry Athanas vs. Edith
Faye Athanas. divorce complaint.
GERMANS GET NIKE
Duesseldorf, Germany dpi
The West German armed
forces announced today that
the U.S. Nike air defense mis
sile bases will be built in this
Rhine-Ruhr industrial area.
The announcement said the
Nikes would not be equipped
with nuclear warheads. They
are to be operated by the Ger
mans as part of their fighter
and conventional anti-aircraft
defense system.
TWO INJURED
Paris OP Two Americans
were in the hospital today
with broken legs suffered
when an escending elevator
faltered and plunged two
stories to the ground floor at
U. S. Air Force Headquarters.
Injured in the mishap Thurs
day were Air Force Major Ed
ward Gladue. 46, of Water
town, Mass., and Mare Suma,
45, a civilian, of Scranton. Pa.
New York iff) Crime
has rubbed out some of the
romance and charm from New
York City's Central Park.
The 842 - acre park has,
since the war, acquired a
deep - rooted reputation as a
hangout for muggers, 'rapists,
homosexuals and vandals. It
has been called a "fortress of
fear."
This skidding reputation is
enhanced whenever an inci
dent occurs such as the Jan.
20 stabbing in broad day
light of a United Nations
secretary who was strolling
in the park. Last September,
Nepal's U.N. ambassador was
mugged during a nighttime
walk in the park.
"When we get a felonious
assault, the papers always
play it up," complained a
park policeman. "Other pre
cincts get this sort of thing
aimost every day and yet,
people have the idea that
Central Park is the most dan
gerous place in the city," he
added.
Decrease Recorded
Last September, Police
Commissioner Stephen Ken
nedy reported that Central
Park's 22nd precinct handled
41 felony complaints and 344 j
misdemeanor complaints dur
ing June, July and August. A j
year earlier, there were 53
felonies and 222 misdemean
ors. ;
Kennedy added the precinct j
ranked Tftth out. nf a nnsihlp i
81 in the city's precinct crime 'I
rate. He suggested that peo
ple who use the park after
dark stick to the footpaths.
No one is permitted in the
park after midnight, but po
lice are kept busy shooing
drunks, vagrants and strag
glers. One factor that makes New
Yorkers shy away from the
park is the feeling that many
park crimes go unreported.
For example: a section of the
park known as "the ramble"
is a rendezvous for homosex
uals. They reportedly fall
easy and silent prey to
thugs. Another element is the
"crawler," who sneaks up on
lovey-dovey couples to snatch
the woman's purse. Unreport
ed rapes are said to occur in
the "loch" area, at the heavi
ly-wooded northern end of
the park.
Modernization Program
A five-year lighting mod
ernization program, costing
$1,250,000, is far behind
schedule. Some 1,675 lamp
posts nearly double the
park's original number
should be fully installed by
January, 1962.
In addition to the lights
the park has 25 call boxes
scattered along its 31 miles
ot walks and footpaths, five
miles of bridle paths and 10
miles of automobile roads.
Many critics say the park
should have more telephones.
And many say the best so
lution is to black-top the place
and use it as a parking lot.
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