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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 21, 1958)
Medford Tribune 2nd SECTION MEDFORD, OREGON, WEDNESDAY, MAY 21, 1958 8 Pages TRYING TO BREAK THROUGH cordon and march on National Assembly, Paris mob clashes with security police in riotous demand for firm policy in Algeria. (International) Wall Street Bright Spot In New Recovery Picture By ELMER C. WALZER United Press Financial Editor New York (W Wall Street which has been looking all around for recovery spots, missed one right at the tip of its own figurative nose. That bright spot is Wall Street itself. There are two reasons com ing from the stock market. Trading is up nearly 10 per cent compared with last year, and secondly, commissions are higher. These two make for higher Income for the brokerage houses which have trimmed down their overhead costs. Also the market for new is sues has been humming along at a good clip and that, too, helps with Wall Street's in come. The new issues get "sticky" once in a while, but market men say if they're priced right they sell readily. The street isn't resounding with cheers even if business is good. The problem is, will it stay good. If it doesn't the financial community always a fest or famine economy will go back to famine-flays. "" More Efficiency This is why the Wall Street houses aren't building up giant staffs because business is good. There's more effi cency, tighter working sched ules, close economy. Hence, if the year goes along at a fast clip, there'll be a good prospect for bonuses for the employees. The pick ing in bonuses were mighty slim at the 1957 year-end. Right now, market experts say the last looks tired, and many of them wonder if the market can hold up. They are particularly worried over the recent strength in the so called cyclical stocks which Standard & Poor's says "could easily turn out to be a prema ture policy of general bull ishness." However, the statisticians just couldn't resist projecting the sales volume for the re mainder of 1958. They took the volume for Broom Selling Drive Set By Local Lions A door-to-door broom sell ing campaign will be carried on by the Medford Lions club during the next several weeks, according to Louis Ruhl, president. The annual project is car ried on each year by the or ganization to "utilize prod ucts of the Portland broom factory manned by blind workers" and to put all prof its into the club's sight con servation program, Ruhl said. Medford Lions annually put between $700 and $1,000 in providing glasses and eye care to needychijdren. Regular house brooms, whisk brooms and hearth brooms will be offered for sale. Local supplies are se cured through Sam Evans, re g i o n a 1 representative for these products. CD Director Warns Of Science's Threat Salem OP) State Civil De fense Director Arthur Sheets says that little or no attempt is being made to diminish the dangers which scientific in genuity has been creating. Sheets made his statement at an evaluation meeting of state, county and local CD of ficials for Operation Alert. John Mclntire, federal civic defense administration opera tions officer at Santa Rosa, Calif., told the CD workers that the federal government is emphasizing continuity of, government in civil defense planning. a week ago when the daily average sales amounted to 2,820,762 shares. On that basis for the -remaining 156 trad ing days, the total transac tions for 1958 would, come to 662,252,932 shares. Best Since 1930 And that total would be the best for any year since 1930 when the volume was 810, 632,546 shares. There were only two years bigger than the 1930 total when sales crossed a billion shares, and 1928. The 662 million plus shares projected for 1958 by the pen cil pushers is only 14 per cent of the 4,852 million shares listed. That would be the best only since 1954 when the turnover was 19 per cent of the ten 2,927 million listed shares. Back in 1930 when the aver age of shares listed totaled 1,212,238,474 shares, the turn over was 67 per cent. In 1929 when sales totaled 1,124,800, 410 shares, the turnover was 119 per cent of the 942,492, 073 average shares listed. And if ypu want, to look at some real turnover figures go back to 1901 when sales of a mere 222,124,065 shares represented a turnover of 319 per cent of the 69,627,746 shares'average listings. To equal the 1901 turnover, daily sales now would have to average 61,177,390 shares. I I Uok II1CHT ! LEVI'S CUT! I V. I J usttattatw! 1 A m m mm D better with long, lean lines that mean 0rsm0r I real solid comfort. And LEVI'S are made I Hillsboro Man Escapes Sand Bin Portland OP) Sterling Blades, 27, Hillsboro, was trapped up to his shoulders Monday when he leaped into a sand-filled bin to retrieve a piece of metal. Fellow work ers managed to get him free. Blades was taken to Eman uel hospital where his condi tion was satisfactory. He was working at a pipe company. Mickey Mouse Man Youngsters1 Favorite 47 Mumps Cases Are Reported Last Week Forty-seven cases of mumps were reported to the Jackson county department of health during the week ending May 15. Fifteen were reported in Medford and Central Point; 5, Ashland; 3 each, Trail and Phoenix; 2, Gold Hill and Sams Valley; and 1 each in Jacksonville and Eagle Point. German measles cases in cluded 6 each in Shady Cove and Central Point; 4 in Ash land; 3, Medford, and 1 each in Prospect and Eagle Point; influenza, 11 in Medford, 3 in Jacksonville and 2 in Shady Cove; chicken pox, 5 in Cen tral Point and 2 each in Med ford and Ashland. . Measles included 2 in Med ford and 1 in Central Point; strep throat, 1 each in Med ford and Shady Cove; pneu monia, 3 in Medford and 1 in Ashland; and infectious mon onucleosis, 1 in Medford. One case of encephalitis (meningo) was reported in Medford. Trujillo's Man Gels Sentence Torrance, Calif. OP) Vic tor Sued, 29, Secretary of Lt. Gen. Rafael Trujillo, Jr., of the Dominican Republic, was fined $262 and sentenced to five days in jail Monday for drunk driving. Judge John A. Shidler of South Bay Municipal Court said he was inclined to make an example of Sued because of his high position but finally suspended the jail sentence. Officers arrested Sued Fri day on a drunk charge. They said they saw the aide driving erratically from one side of the highway to the other. Sued's boss, young Trujillo, created a stir in Washington with his rich gifts to actressses Kim Novak, Zsa Zsa Gabor and Joan Collins. ' Arresting Officer Saved by Hunters Miami (IP) If a forest ranger doesn't know where he is, can 'he rightly charge hunters with being where they shouldn't be? That question fell Monday into the lap of Federal Judge Joseph P. Lieb. -Frog hunters Thomas Hall, 42, Avery A Crosby and Eu gene Debs Scamell, 45, went before the judge on charges they were poaching on a fed eral preserve near here. The men said they had to guide the arresting Wildlife Service officer out of the swamp. How then, they asked, could he know they were tres passing? Lieb decided he would need same time to study the case and postponed a decision. CLEAN COWBOY LEVI'S are cut to fit you better with long, lean lines that mean real solid comfort. And LEVI'S are made to last you longer with super tough XX denim reinforced with Copper Rivets. Om tkt kadi pocwt loom lor adlkjstntactnt stocked int mm LEVI'S it ccisrtcs i the a. f. m. err. m demotes aunira (( OMIT IT ItVI STUHOSS 0 CO.. TTtT IT.. ! rHCISCO . Oil. We've got 'eml Eppl IN EXCLUSIVE Verti-sfripe DENIM I Jaunty knft-trim jackets and hand some deep-pleated slacks skill fully tailored in LEVI'S own exclu sive Vertr-stripe denim with the rich mated stripes woven right in! Set them -try them -buy them today! S198 Ea. By VERNOlfSCOTT United Press Correspondent Hollywood (IP Kids like ice cream, red bicycles, cotton candy, rocket ships and a guy named Jimmie Dodd. Mothers like Jimmie, too. But fathers rarely recognize the name because Dodd amuses the younger genera tion every day when dad is battling home-bound traffic. Jimmie is a combination baby-sitter and leprechaun. He's ringmaster of "The Mickey Mouse Club," an idol to millions of smallfry from the diaper set to teenagers. Unlike TV's Western ' heroes, he never pulls a gun nor en gages in fights. What sort of man is Dodd off-screen? Does he go through his paces for the kids with gritted teeth waiting for pay day? Could Be Pied Piper . Answer: If 1958 needed a pied piper, Jimmie would fit the bill. "I have no children of my own," Dodd said during lunch at the Walt Disney studio. "But my wife (Ruth) and I feel as if we are the parents of 10 million little ones. "No matter where we go I'm surrounded by tykes of all ages and sizes and we couldn't be more pleased. Some are shy, others openly friendly. But kids are the same in every section of the country. And if I didn't love them as much as they love me, they'd know it in a twin kling." With an unruly mop of red hair and a sparkle in his eye, Jimmie seems to embody the elfin spirit of Peter Pan. It comes across to adults who meet him, too. He's a song writer, musi cian, dancer and actor. But for the past three years he's given up most of his activities (except song writing) to give mothers a half - hour respite daily while the brood glues it self to the family TV set. "I've learned never to talk down to children, and baby talk is out of the question," Jimmie grinned. "One of Mr. Disney's cardi nal rules for everyone con nected with his show and projects is to treat the little people like adults. Kids can spot a phony as easily on a TV screen as they can In perw son. "Parents who cTon't watch the program are curious about me. They'd like to be assured that the man who spends part of the time in their children's hearts is worthy the occu pancy. "It's something of a respon sibility, and I do my darndest to live up to it." PASSES MINE BILL Washington (TP) The Sen ate has passed and sent to the House a bill suspending for one year the requirement that mining claim owners perform $100 worth of labor a year on their property. kjTjakj AIMPY S graduation Specials WATCHES-up to S IFB Bulova, Elgin, Le Couitre, Hamilton Watches. All Fully Guaranteed by ANDY'S. Discontinued models. Buy on ANDY'S EASY PAYMENT PLAN. Sea. 71" en's GRUBt 1 7 1 Auto. wind. Reg s7r Ladies' HAMILTON 17 j A ST A Rfl I li W I . 4afe I II VEP A M Keg. '39 71 Ladies' Le COULTRE 17 j. W Men's LORD ELGIN 21 j. now srj NOW 549 88 NOW HOW s66" Reg. ir Men's BULOVA 17 j. 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