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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 6, 1958)
Theyll Do It Every Time By Jimmy Hatlo ? THIS IS A SWELL CLUB YOU BElONb " TONEWT LOOK I WAHUA JOIN-- I UHWELL-OK4y, J I VOU'LL PUT ME UP, WOM,TCH4, R4L? FlG4ROW-I'LL V THE HECK WITH THE WAITING LIST V SEE WHAT I S- "j . y JW JuJheVi newt i gotZI V I 1 '.LU-'1 THE 8ILL TOD4y FOR THE VfTfe. S- Mpurr ivrM-r i ENTR4NCE PEE AMD FIRST V SS9 it ftlT SFtTEFtI I VEAffSDUES-$450X NEVER J gSS3 0 c-dfeiSSSP ' ilJ I REALIZED IT-D BE TH4T MUCH-if ; f PfH , SUCCEEDED IN VfeA LOOK--C4M YOU LEND yft f Book Points Out Gullibility Qf Public in Playing Market Br ELMER C- WALZER w UPI Financial Ediior New York (UPI) Nine teen hundred and fifty-seven years ago ia. the year one nius of Tyana was born in the province oi iappaaoci 1 oa, Asia Mi nor. e is im mortal, liing today in the book. The World Is TVT i n p " rnh- Elmer Walzer 1 lished by Fleet Publishing Corp., and he's a big operator in world markets. The authorsocla'ton Rand and Robe Smitley, both eco nomists, selected this Pytha gorian philosopher to teach prospective speculators sftne lessons in money making as it has been done over the past 2,000 years. Apollonius, born to wealth, Owell educate and traveled, still travels, andeeps build ing his fortune which today must be a sizeable one. Mors Than Luck o And it isn't luc&with him. He studies all situationsQbe fore he investsor speculates. He gos wherg money is to be maderHe knirws the ways of men, and workings of wars, currency debasement, infla tion, deflation, and the mean ing of boom-bust.Q His adventures take hgji to the ByzantineOEmpire at its height, China in tlm, Tang Dynasty, PeriPof the Incas, Europe of theOMiIe AJds, France during its wars and inflations, the United States, I able nudge for the would-be and now Indonesia. I speculator. 6A Friday, June 6, 1938 MAIL TRIBUNE, MEDFORD, ORE. He witnessed such specula tions as the Tulip Mania, the Mississippi Bubble, the South Sea Bubble, the panics in the United States from th days of Andrew Jackson to the big bust of 1929-32. Money could be made in most of the periods of his long life and fee took advantage of all the situations after deep study and he usually "clean ed up." qBut even this great philoso pher, stejeped in the wiles of the wofld, fell by the wayside occasionally. He lost consider able gold to the Incas. The slip he made in 1929 will give the old-timers in Wall Street a kick. Apolloni us had studied "the market carefully and he, along with some crtnies, had decided to unload at t fat profit. Cracktd Eggheads .Then they talked with some college professors who con vinced the group the market would remain high, go higher. He and his pals' took their advice, kept their stock, and lost fortunes. But he managed to salvage few millions and has since built up his fortune again, preferring to operate in In donesia where the chances of making fst buck" are said to be better than in the United StetM. Of counee, he has missed evtral good markets here ine" he's been away. The book displays the gul libility of the general public and in thtt respect is a valu- Jacques Coe, " venerable Wall Street broker, head of the stock exchange firm that bears his name, wrote the foreword. Coe speaks of cycles and says "the crudest way to de scribe these cycles is to say that they demonstrate the compulsion of the masses to make fools of themselves every so often with unbeliev able regularity." Coe, now in his 50th year in Wall Street, always works on the belief the public is wrong. He enters the market on the buying side when the public is selling, and he sells when the public is buying. Montana Millhand Election Winner Helena, Mont. (UPI) Lou Welch, an Anaconda, Mont., millworker, defeated Mrs. Blanche Anderson, Helena grandmother, by a narrow margin Thursday for the GOP nomination to the U.S. Senate. Returns from 1099 of the state's 1101 precincts gave Welch a lead of 102 votes in unofficial tallies compiled by United Press International. County clerks and recorders said the two missing precincts contained only 29 total reg istered voters. The totals from the 1099 precincts gave Welch 19,727 vots to 19,625 for Mrs. Ander son. $Q00 q V DOWN O I .- W- J4B e. : ..y If 4 . ft. RIDWOOD SITS Only $23.95 ft; FeUi.f Seta. $34.30 LAYAWAY SALE for FATHER June 6th thru 15th DMtrva Th Sm Ckaieee vith 3" loxed Pad Only $16.95 Imiarayriw! Chaises $26.95 UMIRELLA SPECIALS r-Ff. Plural Nylon Plastic $27.60 T-ft. Painted Fabric $17.95 Othere $19.95 $24.95 $31.95 & $29.95 1 " J DOWN 0 s o L DELUXE ADJUSTABLE WEBBED CUAIIEJ 810.05 (Strongly mad$) Z2 crosj Strap Heai brace cheapest. fojs-flat position.) Oftly Mightl more than the Bamboo Shades 3x6 ft 88c ea. J 6x6 ft. 1.88 ea. L . T . j. 8x6 ft 2.59 ea. 10x6 ft. 1.3.59 ea. RATTAN: CHAIRS $395 CHILD'S 2.05 LAWN riOVO SALE II" 1 cycle 2 h.p. Clinton 59.95 less $15 trade It" 4 cyle 2 h.p. Clinton 69.95 less $15 trade 20" 4 cycle 2V4 Iriggs 79.95 less $20 trade 22" 4 cycJe 2A Iriggs 19.95 less $20 trade Ued Elec. Keel Type 12.50 No Trade " Uaed Jacobson Rotary 19.95 No Trade Self Propelled Reel Type 29.95 No Trade LAWN SWING SPECIALS DELUXE NYLON PLASTIC ' FLORAL Reg. 97.60 Now V " Now$4437 00RE OUTDOOR SUPPLY 816 S. Riverside Phone SP 2-5458 COMPLETE YEAR-ROUND TOY DEPT. STRIPED FABRIC Reg. 59.95 3 : 1 9.95 HAMMOCKS Sta- S&H GREEN STAMPS TOO Hours: 9 a.m. -7 p.m. LEGAL NOTICES NOTICE OF CHANGE OF NAME IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR THE COUNTY OF JACKSON In the Matter of the Change of Name of EARL FRANCIS NELSON, Notice is hereby given that on the 5th day of June. 1958 a Decree was made and entered in the above entitled cause decreeing that the name of EARL FRANCIS NEL SON be changed to EARL FRAN CIS THOMPSON. This notice is published pursuant to an Order set forth in said Decree which Order was executed by the Honorable H. K. -Hanna, Judge of the above entitled Court. Published this 6th day of June, 1958. t Evelyn M. Thompson Guardian ad Litem O. H. BENGTSON Attorney for Guardian ad Litem 230 West Main Street Medford, Oregon ORDINANCE NO. S965 AN ORDINANCE providing for the construction of a sanitary trunk sewer to serve the Laurel hurst Sewer Area as herein de fined, and for the assessment of the cost thereof on adjacent prop erty to be benefited thereby, de termining the area within which property shall be benefited by said trunk sewer, providing for a pub lic hearing and meeting of the Council thereon to consider pro tests against said improvement and for the serving of the owners of the said property with notice of said hearing. THE CITY OF MEDFORD DOTH ORDAIN AS FOLLOWS: SECTION 1. That for the pur pose of providing sanitary sewer service for the property in the area described in Section 2 hereof, it is the intention of the Council to cause a sanitary trunk sewer to be constructed along the courses, and in the locations de scribed in the plans and specifica tions heretofore adopted by the Council by Ordinance No. 6960 and now on file in the office of the City Manager in the City Hall. Medford, Oregon, which plans and specifications are identified by en dorsement thereon of the number of the ordinance adopting the same and are hereby incorporated here in, made a part hereof and re ferred to herein for courses, loca tions, details and estimated cost of said sewer: and to assess the cost of such improvement, includ ing construction cost, engineering and publication expense, upon each lot or parcel of real property adjacent thereto and benefited thereby in proportion to the bene fits received by such lot or parcel as provided by the Charter of the City of Medford. SECTION 2. That it is hereby determined that real property situ ated within the following described area in the City of Medford, to-wit: Beginning at the intersection of the north line of East Jackson Street and the east line of Bid die Road in the City of Medford, Jackson County, Oregon in Town ship 37 South. Range 1 West of the Willamette Meridian; thence westerly along the north line of Jackson Street to the west line of the Fruitdale Addition; thence north along said west line of Fruitdale Addition to the north west corner of said addition; thence, east along the north line of the Fruitdale Addition to the west line of the Sunrise Home Park Addition; thence north along the west line of said Sun rise Home Park Addition to the northwest corner of said Sunrise Home Park Addition; thence east along the north line of said sub division to the northeast corner of Sunrise Home Park Addition; thence easterly across Crater Lake Avenue to the southwest corner of Block 1 in Laurelhurst subdivision; thence easterly along the north line of Saling Avenue to the east line of Bessie Street; thence south along said east line of Bessie Street to the north line of Jackson Street; thence east on the north line of said Jackson Street to the west line of Pearl Street; thence north on said west line of Pearl Street to the north line of Saling Ave nue; thence east along the north line of Saling Street to the south east, corner- of Block 7 of the Laurelhurst Subdivision; thence north to the northeast corner of said Block 7; thence east along the north line of the Eastwood Subdivision for a distance of 369.75 feet; thence N 0 21' West parallel to the section line be tween sections 19 and 20 to the - north line of Ridge Way; thence west alone the north line of Ridge Way extended to the west line of Wabash (Waubash) Ave nue; thence westerly along exist ing property lines, ana westerly extensions thereof, to a point on the westerly line or crater Lake Avenue 438.1 feet north of the northeast rjrner of the easterly Ell of Donation Land Claim No. 42. Township 37 South. Range 1 West of the Wil lamette Meridian; thence con tinuing westerly, parallel to the northerly line of said Donation land Claim No. 42 to a point 400 feet distant from, measured at right angles to, the easterly, line of Biddle Road; hence north westerly parallel to, and 400 feet from, the east line of Bid die Road to the city boundary 200 feet south ,of the center line of McAndrews Road: thence westerly parallel to the center line of McAndrews Road to a point that is 200 feet distant when measured at right angles to the westerly line of Biddle Road; thence southeasterly paral lel to Biddle Road for a distance of 1,263 feet; thence east to the east line of Biddle Road; thence southeasterly along the said east line of Biddle Road to the point of beginning: being the area re ferred to in the title of this ordi nance as the Laurelhurst Sewer Area. will be served by said trunk sewer, if constructed, either direct ly or through such lateral sewers as may be hereafter constructed. and each lot or parcel ot saia prop erty will be directly benefited by and adjacent to, and shall be as sessed for, the said improvement as provided in Section 1 hereof. SECTION 3. That the Council will meet in the Council Chambers of the City Hall in Medford, Ore gon, on the 19th day of June, 1958. at 7:30 o ciock F.M.. at wnicn time anS place the owners of said property are hereby called upon to appear before said Council and show cause, if any, why said im provement should not be construct ed, and why said property snouia not be assessed for the cost of said improvement as aforesaid. SECTION 4. That warrants for the costs of the aforementioned improvement shall bear interest at 4C per annum and shall consti tute general obligations of the City of Medford. and said warrants shall be issued pursuant to. and on the terms and conditions set forth in. Oregon Revised Statutes 287.502 to 287.510, inclusive. SECTION 5. That the City Re corder is ereby directed to serve notice hereof upon the property owners aforesaid, by publishing this ordinance once in a daily newspaper, printed, published and of general circulation in said city at least ten days before the date of said meeting, and by posting five copies of this ordinance in five public and conspicuous places in said city for a period of ten davs prior to said meeting. PASSED by the Council and signed by me in open session in authentication of its passage this 5th day of June. 1958. JOHN W. SNIDER Mayor ATTEST: D. R. HUSON Recorder APPROVED by me this 5th day of June, 1958. JOHN W. SNIDER Mayor NO EXPERIENCE NEEDED Washington (UPI) Recession-inspired sign of the times at a gasoline service station here: "Customers wanted. No experience necessary." Is That So? By EUGENE BURNS Ranger-Naturalist Cairo Archaeologists have often wondered why camels aren't shown on ancient Egyp tian stone monuments but are in papyrus documents. After what I've seen of camels it seems quite possible the Pharoahs knew they were such ill-tempered beasts they decided to forget them. Nonetheless, despite the camel's disposition which may not be entirely its fault --S8 and its dangerous bite, it is one of the most valuable ani- LEGAL NOTICES SPECIAL SCHOOL MEETING . NOTICE IS HEREBY GIVEN, in compliance with O.R.S. 335.615, to the legal voters of the Non-High School District, Zone 1, Jackson County, State of Oregon, that a SPECIAL SCHOOL MEETING of said District will be held at the EVANS VALLEY SCHOOLHOUSE, on the 16th day of June, 1958, from 2:00 P.M. to 8:00 P.M., for the fol lowing objects: Electing one (1) Non-High Board member for a term of 5 years. DATED this 28th day of May, 1958 D. J. BARBER Chairman of the Non-High Board ATTEST: Alf B. Mekvold Clerk of the Non-High District No. 10159 NOTICE OF HEARING OF FINAL REPORT AND ACCOUNT IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR JACK SON COUNTY In the Matter of the Estate of EDWIN ARCHIE FORDYCE, Deceased. NOTICE IS HEREBY GIVEN that the undersigned has filed his final report and account as Administra tor of the estate of Edwin Archie Fordyce, deceased, with the Circuit Court of Jackson County, Oregon, and that said Court has set July 7, 1958, at the hour of 10:00 o'clock A.M. in the forenoon of said day in the Courtroom of said Court in the Courthouse at Medford, Jackson County. Oregon, as the time and place for hearing objections there to and the settlement thereof. DATED and first published the 6th day of June, 1958. Frank Morgan, Administrator of the estate of Edwin Archie Fordyce, deceased. Harbison and Piazza Attorneys for Administrator mals man has ever domesti cated. For a novice, riding them isn't the acme of comfort, but they do get over the sand in a marvelous manner. Their feet act like snowshoes, spreading out to keep the an imal from sinking. Even so, training is necessary. Accord ing to the Arabs ,a camel that has spent most of his years walking around the Nile Val ley is very likely not good for desert travel. A few miles south of Mem phis, 14 miles up river from Cairo, I saw some camels be ing loaded for a desert trip. One of them it was to be his first venture into the desert kept up a constant snarling during the business, and after the job was completed he ab solutely refused to get up. Curses, pleadings did no good. Finally, after part of the load had been removed, he con sented to rise. Wool Impressire I also saw another that had just been sheared, a young one. It was rather too close a job, judging from the way his skin had been clipped here and there, but the amount of wool was impressive. There aren't any camel farms, in the sense of our sheep ranches of the West, but some of the great camel herds amount to much the same thing. They are not only .the source of the camel's hair coats we see in the States, but they also fur nish the material for a variety of other uses to which the wool is put. I had a : drink of camel's milk and pulverized dates. The Arabs give it to camels that have returned from a specially exhausting desert trip. It is a restorative. As a drink, it reminded me of goat's milk but somewhat sweeter. On the way back to Cairo, we passed the Pyramids of Memphis on our left. It was sunset, and they looked just as Anatole France described them in his Thais: "At dawn the pyramids of Memphis are cones of rosy light; at sunset they are black triangles against a flaming sky." Free: By special arrange ment with the editors of the Encyclopedia Americana, my panel of judges will award each week to the reader who sends me the best true-life na ture adventure, the best na ture observation, or the best question on nature and wild life, a complete 30-volume set of this world-famous reference work in a handsome Sealcraft binding. Each week new sub missions will be considered. Sorry, I simply can't answer your many friendly letters. Please address your letter to: Is That So! co Medford Mail Tribune, Box 1069, San Fran cisco, Calif. PUBLISHER DIES New York (UPI) Pub lisher Charles S. Rosensweig of the weekly magazine "The Insurance Advocate" died at the age of 75 here Wednesday. He won wide attention recent ly for his editorials opposing compulsory automobile lia bility insurance. Early in his career, he is credited with having helped persuade Con gress to remove fire and cas ualty mutual insurance com panies from the tax exempt class. PLANER 6LOX Clean Quick Delivery Medford Fuel Co. There are 15,751 women postmasters directing the mails, filling almost half of the 36,766 postmaster jobs in the United States. DON'T FORGET June 7 Saturday at DESERT SERVICE See Ad on Page 8, Section 1 SALE POSITIVELY ENDS SATURDAY! HERE IS YOUR CHANCE TO DURING ACME'S BIG STORE -WIDE CASH' & -CARRY DISCOUNT SALE! No item in the store less than 10 OFF! COME IN AND SEE WHAT YOUR CASH CAN BUY! We Need Cash Imme diately! In order (or us to move our tremendous over-stock, every item in the store" is slashed to the bone! Shop at Acme NOW and save Dollars! QUALITY At lowest Prices SPECIALISTS IN HOMEWARIS! At these prices there are no charges, no lay-aways, exchanges or refunds. Buy Nowl C '245 So. Central o .at 10th Plenty of Free Parking CONVERTING MORE PEOPLE TO CHEVY! This superbly fashioned Impala Convertible is making new friends for Chevrolet faster than you can say turbo-thrust vs. Here's the, car that puts you in a top-down, fun-hearted, go-places mood. And you couldn't go places in greater comfort or finer style! - Once you've been infected by the sheer fun of driving this Impala Convertible, no other car can quite take its place. For here's a car made for people who enjoy zestful living. Whisking along with the top down holds that same extra something as cooking food in the open, dancing under the stars or just relaxing in a lawn chair with only a cloud or two and the iweet smell of summer between you and the sky. It's not simply that this car is a convertible for it is in truth much more than that. It is, 1 for example, the only honest-to-goodness new car in its field styled with Chevrolet's unique gull-wing grace. And it's the only one that offers the extra rigidity of Chevy's Safety Girder frame and the sports car response of the new Turbo-Thrust V8. Stop by your dealer's and see how nicely Chevrolet goes with summer. 'Optional at extra cost The only all-new car in the loto-priee field. la Convertible with Body by F'uher and SaUty P'ote Gfotl. N I id if I; I . TOP ENTERTAINMENT-The Dinah Shore Chevy Show-Sunday-NBC-TV and Pat Boone Chevy Showroom-weekly on ABC-TV. Air Conditioning-temperatures made to order. Get a demonstration) See your local authorized Chevrolet dealer COURTESY CHEVROLET NINTH AT BARTLETT STREETS MEDFORD PHONE SP 2-6115