1
G
4A MAIL TRIBUNE, Madford, Oron, Thursday, July 24, 19SS
Siskiyou Music Camp
Completes Season
Ashland The Siskiyou
Music Camp, Southern Ore
gon college music depart
ment's combination of recrea
tion and musical education,
closed with its presentation of
its annual concert Friday in
Churchill Hall.
Totaling about 40 members,
the camp band included 11
school band directors from the
three West Coast states, ac
cording to Glenn Matthews,
SOC associate professor of
music and the founder of the
summer camp.
COPCO Home Show - "Homemaker's Intermission
p,e.TV Barbecue Show
KBES-TV - 3:00 P. M.
Friday, July 25
Home Show Hostess Bev Lyons will have as her
guest Mr. B. E. Duin, Meat Consultant for Safeway
Stores. Safeway meat cuts and products will be
featured on the program.
Easy-to-Memorize
o
3
SWARMING ASHORE, U. S. Marines take control of Beirut International Airport
without opposition from Lebanese rebels. Landing field plus aircraft carriers give
United States powerful threat against Syrian forces massed on border of Lebanon.
Valuation of New York Stock
Exchange Stocks Hears Record
Elmer Walzer
would be one
By ELMER C. WALZER
UPI Financial Editor
New York (LTD Valua
tion of all stocks listed on the
New York Stock Exchange is
i j.,. nearing the
record high
set on JUiy ji,
m;7 -.4- 795
billion.
A And the
- i i . .f
this year had
brought out a
rate of $30
billion for the
year which
of the highest
in years - except 1955 when
the value of all trading for
the year reached $32,745,000,
000. For all of 1957 it was
$27,451,000,000.
Since the first of 1958, the
market has risen in value by
around $29 billion on the basis
of all shares listed. The turn
over has risen too and recent
ly has been around 15 per
cent of all listed shares.
Trading is running around
Get
non-caloric, non-fattening
M.C.P. JELSWEET
LIQUID SWEETNER
hi
25
PURSE SIZE
BOTTLE
"With purchase of
4 oz. bottle at
regular price.
37 million shares above the
corresponding period of 1957
and nearly eight million
shares higher than 1956. It is
58 million shares under the
1955 period but could catch
up before the year-end.
No Match For U.S. Bonds
The $30 billion rate of mar
ket turnover for stocks is big
but nothing like the average
Treasury operation in gov
ernment bonds which runs
about $41 billion in refunding
and new money operations
yearly.
Practically the entire mar
ket for U.S. governments is
over the counter. Some $88
billion of governments is list
ed on the big board but these
issues seldom trade and then
only for purposes of record.
So far this year only $4,000
par value of U.S. governments
has traded on the stock ex
change. In all of 1957, the
turnover for the governments
was only $73,000.
The Treasury itself has
been in the market on an av
erage yearly basis for $41 bil
lion of governments since
1946. And its trips will in
crease now that maturities
are narrowing.
No Let-Up Seen
There has. been talk of
money rates firming to fight
inflation. If they did the
Treasury would have diffi
culty refunding billions in
bonds and notes.
Hence the belief in the Fi
nancial District that money
will be eased and kept easy to
prevent a rout in the govern
ment bond market.
Inflationary operations of
the Treasury in its sale of
bonds to banks to raise new
money keeps the kettle boil
ing and those who feel that
inflation can be hedged in the
stock market are expected to
keep right on buying stocks
with the result the list might
rise and rise,
And the recent support for
the government bond market
by the Federal Reserve also
is regarded as inflationary in
that it produces more money
which is the basis of inflation.
The Fed buys the bonds.
Those who sold them deposit
their money in a commercial
bank. They spend it and the
person who receives it de
posits it in his bank. By the
time the links are hitched to
gether the credit of the Fed
rises five or six times the
amount of bonds purchased
Credit Structure Enhanced
Sale of government bonds
to commercial banks by the
Treasury works the same way,
The banks buy the bonds, and
the Treasury deposits the
money received. Soon the
credit structure is enhanced
by five or six times the value
of. the bonds sold.
Those who look for the 500-
barrier to be broken in the
industrial average hold that
the main incentive in stock
buying is inflation although
none belittles the influence of
institutional purchases which
mainly are for investment.
Nixon Tells GOP
They Face Hard Fight
Washington (UPD Vice
President Richard M. Nixon
told a group of top-level Re
publicans today they "face a
real fight" to win the congres
sional elections in November
but they can do it by working
hard.
MOTHER NATURE PROVES
THAT DOGS REQUIRE FATS
IH THEIR
HERE'S THE PROOF:
fat 1co::teht in miui
J v
A complete, balanced diet
ready to serve. No additional
meat is required.
o I fvlOTKEtt DOG
COW; ; .".
HUMAN
. . tl.2
4.0
3.5
.tiiwwii'ft rff 4i3boSiltJ!i
WSfe AVAILABLE IN 2, 5,
W -Ji, -MSISm 10, 25 lb. SIZES
ENERGIZED!
with fresh beef fat
Test after test has
proven that dogs do
require a high percent
age of fat in their diet
(3 times that of man).
Dr. Ross' vita-meal and
vita-bits are fortified
with fresh beef fat to
give your dog his daily
requirements.
vita-meal and vsfa-bits
THE WESrS LARGEST SELLING QUALITY PET FOODS!
Kill iriG!
4
Simple but so smart! tThis
easy - to - memorize square
makes varied seirloom acces
sories, v
Four squares make a pillow;
6, a scarf 16VSx25 inches; 36,
a 50-inch cloth. Pattern 7159;
crochet directions for 8i4-inch
square in No. 30 cotton, large
in string.
Send THIRTY-FIVE cents
(coins) for this pattern add
5 cents for each pattern for
lst-class mailing. Send to Med
ford Mail Tribune, Household
Arts Dept., P. O. Box 168, Old
Chelsea Station, New York 11,
N.Y. Print plainly NAME,
ADDRESS, and PATTERN
NUMBER.
Send TWENTY-FIVE cents
more for a copy of our Alice
Brooks Needlecraft Catalog.
Two complete patterns are
printed right in the book . . .
plus a variety of designs that
you will want to order: cro
chet, knitting, embroidery,
huck weaving, quilts, toys,
dolls.
Half-Size Magic
hi 53 &i
4 m m m LI
& jr 9061
Half-sizers! You'll look so
slim, smart and cool" in this
easy-sew sundress! A printed
pattern, it's proportioned to
fit the shorter fuller figure.
For fall, make jumper-and-blouse
version.
Printed pattern 9061: Half
sizes 14V2, I6V2, I8V2, 2OV2,
22V2, 24Vz. Size I6V2 sun
dress takes 314 yards 39-inch
fabric- .
Printed directions on each
pattern part. Easier, accurate.
Send FIFTY CENTS (coins)
for this pattern add 5 cents
for each pattern for lst-class
mailing. Send to Marian Mar
tin, care of Medf ord Mail Trib
une, Pattern Dept., 232 West
18th St., New York 11. N.Y.
Print plainly NAME, AD
DRESS with SIZE and STYLE
NUMBER.
The perfect answer to an outdoor bar-
becue. Jender "USDA CHOICE" beef. Reg- 1,29
Special price this weekend. Value
CO S9 c
.OK
All Safeway beef is "USDA CHOICE." Proprly
"Aged" and Guaranteed 100.
Another Great Barbecueing Suggestion ... Boneless
tw steaks
Here's a juicy steak that really sets your mouth water- ClTl 10
ing. "USDA Choice" beef with just enough marble to L 11 lQ
give it its juicy flavor. Reg. $1.49. UJ
More Great Values During Safeway's Big
mm UHB SALE!
Tender Loin Cuts
Whole or Malff lib. 59
Country Style
Spare ibs
Rib Cut and
Loin End Koasts lib.
Tender -Meaty
Loin Chops
Kb. 59
Fresh Fryers
Young, Tender Whole
Oven-Ready Drawn lb.
Cut-up, lb. 49c
Ground (Beeff
Fresh Ground
Daily - 100 Pure
59
Tender "USDA
CHOICE" Beef
Regular Price 29c
Special Reduced Price
Beef Pot Roast ' , 49
U.S.D.A. Choice - Blada Cut
lb. 75 Rump Roast Bone
In
Save MORE on Your TOTAL FOOD BILL at Safeway
Tomato
World famous
Campbell's condensed
Reg. 21c ea. Now only ,
All white for all occasions.
A grand Northwest product.
Reg. 2 for 25c
80
count
G
r-v- n
Sodk match
American brand.
Keep plenty on hand
Reg. 2 for 33c
w
heaties or Cheerios
fcg. V for
pk9 y) i2JS-
America's Favorite!
KRAFT'S
MIRACLE WHIP
Reg. 63c value.
Special price
at Safeway
full
qt.
Nu Made brand, reg. 62c
Salad Dressing
i
full
qt.
19'
47'
It's Safeway for Famous
WHITE STAR
CHUNK TUNA
Grand for
Sandwiches
and Salads
3 No. V2 O IT I
Sea Trader light
Meat Chunk Tuna
3 N - 69
Reg. 2 for 53c on Famous
VAN CAMP'S
PORK & BEANS
Just heat
'n serve.
They're tops
4-89
Highway, reg. 365c
Pork and Beans
52 89
mm
On Sale Now at Safeway
EVERY WOMAN'S
Family Circle
August Issue
IV
For Only
f