Medford mail tribune. (Medford, Or.) 1909-1989, October 06, 1958, Image 3

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    MAIL TRIBUNE, Medferd, Oregon, Monday, October 6, 195 3
They'll Do It Every Time
By Jimmy Hatlo
When vicuha
first ear the
JOB SHE WAS
TOLD SHE'D WORK
FOR OME
t yOU'LL BE M3. RO SETTER'S SECREXSRY-f
ITS 4 VERY NICE POSITION I'M SURE JK
VOU'LL BE VERY H4PPY WITH US-vf 22
;77 REPORT TO MR. POSEVvTER TTf
WOHO&AT NINE CLOCKy-aJ A -
f big j
KWMMr f GET ME THE If I
OR SIX AT f T4KE W ME SOM H suLL6R4vy RLE A grsf J
Gross Output for 4th Period
Predicted $450 Billion Yearly
HA.
J cumulatic
y 1 which it h;
been estims
By ELMER C. WALZER
UPI Financial Editor
New York - (LTD - Adminis
tration economists predict that
the fourth quarter of 1958 will
mmm'JKK reach a yearly
billion, a rec
ord high.
A bis lift is
is expected to
come irom m-
v e n t o r y ac-
l ation
has
estimat-
Eimer waizer ed wm reacn
$1 billion in the fourth quar
ter contrasted with a deac-
ccumulation of $9.5 billion in
the first quarter.
That lift in business spend
ing is an estimate of the In
ternational Statistical Bureau
which anticipates higher
spending in the coming
months also from consumers
and eovernment. The bureau
does not anticipate business
spending will reach the 19o7
peak until late in 1959.
The automobile industry
looks for a boost of a million
cars in 1959 sales. This in turn
should boost steel, tire, and
many other lines.
Building To Rise
Building is expected to hold
high with road building a
bolstering factor.
. The International Statistical
Bureau finds the consumer in
a favorable position.
That agency believes that
total disposable income for
the first six months of 1959
may exceed a year ago by
$12 to $13 billion on an an
nual basis. Disposable income
is personal income after taxes.
International finds, there
fore, that consumer psychol
ogy is good and notes that at
no time was it depressed as
business psychology.
"This." says the bureau,
'"has been important, consid
ering the rise in unemploy
ment. The public seems to
have worried less about eco
nomic trends - a logical de-
veloDmcnt.
"Now with employment
eainins. although unemploy
ment is still high, consumer
psychology should improve
still further
"Business psychology has
imriroved even though the
margin for profit is still nar
row. The liberal sales at the
consumer level and the more
favorable psychology encour
aged greater selling etioris
Adverse Side
Market men have listed sev
eral factors they consider less
favorable for tne economy.
Their list is topped by tight
money which is expected to
affect adversely the home
- building rate and the higher
money ratesj which are help
ing knock U. S. government
bonds down.
The analyst for the stock
and bond firm of Clark,
Dodge & Co. has some inter
esting comment on thf. gyra
tions in bonds:
"The phenomena of the
bond market yields against
the stock market yields is
hard to understand at this
juncture.
"Evidently the psychology
affecting both the markets is
acting like a spiral. As money
rates increase investors be
come more fearful of inflation
and this in turn attracts more
money into equities and as
less money is attracted to the
bond market and yields and
prices fall, more people are
convinced of further money
inflation and additional de
flation of fixed income securities.
L. O. Hooper, analyst for
V. E. Hutton & Co., warns
that uncritical buying of
stocks involves risks which
the public currently is reluct- s
ant to recognize.-
"Too much recent psychol
ogy," he says, "has been as
sociated with 'it's going up
isn't it' rather than 'it's worth
it isn't it'."
Highway to Alaska
Combines Scenery
With Clouds of Dust
Washington - (UPD - A combi
nation of dust and some of the
most magnificent scenery in
the world-that's the 1,500
mile Alaska highway from
Dawson Creek, Canada, to
Fairbanks, Alaska.
George Burns, an American
Automobile Association field
rerjorter. gave this descrip
tion of the lone drive in in
formal reports to AAA head
quarters here.
He said he encountered so
much dust that in different
areas it had different flavors.
But he said the dust does little
to detract from the imDort-
ance and scenery of the major
overland route to what will
some day become the 'Union's
49th state.
Once Called Alcan
The highway, originally
called the Alcan, was built by
the United States in 1942 to
get supplies to airfields on the
flving route between this
country and Alaska. More
than 10,000 Army engineers
and 6.000 civilian workers
built the gravel road in. the
unbelievable time of seven
months.
Burns said "every car trails
a plume of dust almost a quar
ter mile long, nearly the
width of the highway and
about 25 feet high, depending
on wind and dryness."
"When you get caught in
another car's dust trail, you
suffocate through your rolled
up windows, peer anxiously if
futilely to penetrate the fog
beyond the hood of your car,
then just sigh a prayer that
there's nothing ahead as you
decelerate and wait resigned
ly for the cloud to dissipate."
Oh for a Camera '
Offsetting the dust, mosqui
toes, bumps and general driv
ing fatigue, Burns reported, is
some of the most beautiful
scenery in the world.
"I believe if you pointed
your camera out, the car win
dow and snapped the shutter
every few minutes .without
even looking, you'd get a se
ries of spectacular pictures,"
he wrote.
He said there are "lakes,
mountains, rivers, forests,
then another mountain. It's a
never ceasing, unfolding won
der. Soon the size and extent
of it have a hvonotic effect.
You're living in a world of
unreality."
Despite the rugged driving
conditions. Burns said, the
highway for the past three
years has never been closed
more than 24 hours .
.w .4. ..-.wjr&-
WARDS
ANNOUNCES
DOGS RUN FREE
Rome -HTD Rome's stray
dogs ran free all week end
. in memory of St. Francis of
Assisi. The dog catchers took
48 hours off to commemorate
the festival of the saint who
loved animals and birds.
DOCTOR DIES
New York 4UPD- Dr. Fred
erick W. Maroney, 73, for
mer dean of students at the
Brooklyn college, died Sat
urday of a heart ailment.
WALKER SAFE MOTORIST
Bridlington, England - (UPD
J. Walker was advised today
he has won a competition for
road safety.
AN EXCITING EVENING PRE.
VUE OF WARD WEEK THE
SALE WHERE ALL AMERICA
SHOPS AND SAVES!
MONDAY, OCT. 6, 7:00 to 9:00 P.M.
FREE! 8 Rolls
Delsey Tissue
Yes, with purchases of $10 or,
more on Carnation Night you get 8
regular rolls of Delsey Tissue
FREE! The finest you can buy!
Quantities limited first come first
served. One offer per customer.
Fun for all! Ladies get free car
nations. Refreshments are "on
the house."
FREE COCA COLA will be
served in the basement and in
the appliance department, on
the second floor.
FREE DASH and CAL60N to
ladies attending our washer and
dryer demonstration.
FREE COOK BOOKS to ladies
nailing uui apiiaine uepdfl-
ment.
Don't miss it! Shop hundreds
f Ward Week bargains on this
exciting prevue night. Values for
all home and family needs.
we're looking
forward fo seeing
yu.. .
You check out with cash savings every time you shop at
BIG Y, EASTSIDE OR OAKDALE MARKETS! Thaf s FACT!-
not talk; FACT proven by lower cost of a cartful of the
fine foods you like best! You get MORE FOR LESS be
cause every price is a LOW PRICE at BIG Y, EASTSIDE
OR OAKDALE MARKETS . . . and when nothing but low
prices are rung up on the register, it can add up to
nothing but a lower cost for the entire food order. Shop
YOUR BIG Y, EASTSIDE OR OAKDALE MARKETS and see
for sure-MORE LOW PRICES MEAN MORE SAVINGS
FORYOUI
GET
YOUR
RINGO ch
CARDS
ERE
PLAY RINGO FOR FUN AND PRIZES,
MONDAY THRU FRIDAY OVER KBOY
parcake mix
Pillsbury
4 i, 43
tome sw
Market
uimbeua
mmB IEEF
m SYBOP.
Vi-Gal Jug
22-Oz. Bottle
hl
WITH
BEARS
BEEFABOHI
Bravo 12-02. can
Dennison's
No. 1 cans
Chef Boy-ar-Dee No. 1 can
for
$J00
BUDDY BOY
POP
CORN
2 . 29
mixed
Local 5-lb. can f
Honeyjg '
FRUIT
CIRCUS
VIRGINIA
PEANUTS
3
cans
SI 00
Stockton
or Cal Top
ELBEBTA
mm
Party
Time
4
4
No. 2Vi
cans
No. 2Vi
cans
spo
SHOO
APPLESAUCE
FRUIT
COM
mm
GREEN GAGE
PINEAPPLE
GRAPEFRUIT
Pheasant No. 303 cans
Market
No. 303 cans
Rich-Gift. No. 303 cans
Del Monte 46-oz. can
.7 - 'P
for
4 n
Si! 00
SUNSHINE
Hi-Mo's
1t29e J
1
2 Laf
Velveeta
PARKAY
Cheese
HE
U,$00
FOR
$
1
Pheasant No. 303
Green Beans
1 Pheasant No. 303
Sauerkraut
Pheasant No. 303
Beefs snced
Creswell No. 303
Carrots Diced
Stidds 10-oz. can
Chicken Broth
Beachclif f No. V cans
Sardines
n
FOR
$
LAST WEEK THERE WERE
2 Winners Shared
a Jackpot of $125.00
8 Winners Received
$5.00 Worth of
Groceries
Plus 3 Pairs of Nylons
14 Winners Received
$5 Worth of Groceries.
Week Before Last
Mrs. Hulda Ramstrom
Won a $660.00 Jackpot
if You're Not Playing
Ringo You're Missing
a Lot of Fun and
a Chance to Win
Free Prizes!
Get Your Ringo
Cards at Your
Neighborhood Big Y,
Then Tune KBOY
11 a.m. & 1:30 p.m.,
Monday thru Friday
C
PUT YOUR
a
IN OUR HANDS
To be effective, your pre
scription must always be
filled with potent, fresh
drugs. You can rely on us
for absolute integrity as
well as for double-checked
care! You get what the
doctor ordered!
SEE US FOR BABY NEEDS! IT'S
OUR PLEASURE TO SERVE YOU