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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 16, 1958)
Research About Coast To Continue With Grant Corvalhs Research that is producing new and valu able information on Oregon's ocean geography will, be con tinued into the fifth year by Oregon State college under a new $25,000 grant from the office of naval research, . Grants of $10,000 have been received - each of the V. Burt, oceanographer, is in charge of the project. Water temperature studies on the continental shelf, the area between the beach and the break-off of the bottom into deep water, are planned this year. Water temperatures are important in movement of different species of fish and also in the use of Naval sonar equipment. Work will be continued also on pollution flushing in coastal harbors, Burt report ed. All estuaries from Coos Bay to the Columbia are be ing checked to determine cur rent patterns. Such informa tion' can be used to estimate what r would happen to the flow of industrial - wastes dumped into the tidewater sections of the streams. Est uaries being studied include the Umpqua, Siuslaw, Alsea, and Nehalem rivers and Til lamook, Netarts, and New port inlets. A third phase of this year's study will be on the type of materials in suspension and solution in ocean waters and their effects on light penetra tion into the water where plant food grows. Water temperature read ings and studies are made in cooperation with the Coast Guard, and the state fish commission is cooperating in work on pollution flushing. Studies are coordinated with work being done in California coastal waters by the Scripps Institute of Oceanography. Little information had been available before the OSC study began on the in lets, water temperature, sa linity and oxygen content of Oregon's more than 300 miles of coastal waters.1 Working with Burt on the project are William a. McAuster, re search associate, and Richard Callaway, graduate assistant. MAIL TRIBUNE, Mtferd, Oregon, Thunday, October 16, 1958 11 IHI UU KY SALE E N IDS SATTOBM Y ! in QO inQQ ...17 BR : u7W . ; i. l.HH U I.XK t sal J.YY I sale I.IO , sole I.IO 1 IU.DU I I UiUII 7-1 liiww mmm -ww , 3-6x SALE! GIRLS' "GOLDEN LOOM" ZIBELINE FLEECE COATS Milium lined for oll-weather comfort. ' A galaxy of season's most popult 70 virji. wool, 13 llomo, 15 for. . styles, colors, f ino quality tailorini 3.98 VAL. Girls' or Ion cardigan, new col on, easy-care! - SAMS VALLEY Teams Schedule Games By MRS. CLYDE KELL : Sams Valley - The Sams Valley football teams and girls , volley . ball teams have several games scheduled, in cluding one Friday, Oct. 17 at 1 p.m., when the local stu dents meet Evans Valley on the Sams Valley, field. i Sams Valley teams will go to Shady Cove where they will play Shady Cove at 1 p.m. on Friday, Oct. 24. And the following week, Sams Val ley will meet Prospect at 1 p.m. on the Elk-Trail field. i William Brewster is varsity coach and John Dean is junior varsity coach. : . Enrollment at the school on Monday morning, Oct. 13, was 87. ' up of 3 boys and girls from the fifth through the eighth grades. - Helen and Dianna Whit - taker and their brother, David Whittaker, who have been In the first, third and second grades, respectively at the Sams Valley . school have moved to Eagle Point with their parents, Mr. and Mrs. Thomas Fields. . , , , Class ' room piano lessons are being taught in the school this year under the direction cf Mrs. Ruth Brewster, with 10 students enrolled at this time. w rr?r The choral "group is made Free Movie Program Announced at Y Free movies will be shown each Saturday at the Young Men's Christian association, officials announced today. The movies are sponsored by a committee of high school youth under the direc tion of Herb Partridge, youth work secretary. Chairman of the group is Miss Mimi Jones. The Shutterbug club of Medford high school is co operating in the program. In charge of projectionists is Jay Taylor. The movies will be shown each Saturday from 10 a.m. to noon. There will be no charge for this program and any boy or girl in the Med ford area may attend. Medford Youth Gets OSC Scholarship Corvallis Karl Douglas Cummings of ' Medford has been selected to receive a special music study scholar- ship at Oregon State college. The scholarship covers all nrivate lesson fees for the year. Seven such scholarships were awarded following au ditions before the music de partment faculty. Cummings' received one ot two siuay awards erven for piano. rsimmines is a sophomore majoring in chemical engin eering. A 1957 graduate of Medford High school, ne is the son of Mr. and Mrs. C. E. Cummings. 1900 Cherry Heights. AIRLINERS BRUSH ' Kpw York - (LTD - The wing tip of an American Airlines nr-R hit the tail assembly of a Capital Airlines .Viscount ;-u.-orinprlav when both rjlanes 1' - J - were taxing into position at . . A. T- 4.1. La Guardia Airporx. doui slightlv damaged in the accident. No one was hurt. X S . mw m V - BE W-LeatssssssssaeTi 1 1 LsssssssBi i sole 24.88 i sal 78c i 1 Usual 2.39 brushed knit sleeper, 2 rows of 3 snaps. Extra pants. I I 2.49 ski pajamas, rib knit neck, waist, wrist, ankle. Colors. REG. 4.98 girls' "flip strap", brown, red leather. Sizes 8Vj-3 REG. 1.59 corduroy creeperalls, 12-24 no. Mach. "washable! REG. 1.59 overalls, 2, 3, 4. Mach. wash- able corduroy. Save! sale 24.88 $35 QUALITY! New. i est all-wool coat fash- i ions. Styles," colors. 1 $35 QUALITY! New est all-wool coat fash- Styles, colors. ions. sale 73C yd. sole 1.99 i i REG. 98c! Hvy. terry cloth bath towel. Col ors. Yarn-dyed. I REG. $11 Famous -I make pinwale cordu .1 roy. Colorfast. 37". I REG. 2.98 - flannel pi's. Mandarin, peter -pan collars. 32-40. Mr. and Mrs. Loyd Dusen berry and son, Gary, had as their guests Sunday, Oct. 12, his mother, Mrs. Beulah Dus enberry, and her son-in-law and. daughter, Mr. and Mrs. Stanley Delgado, and son, Stanley, all of Medford. Mrs. Delgado, a sister of Loyd Dusenberry, is the former Lova Dusenberry. Wall Street Sees Rise in Margins To 90 Per Cent By ELMER C. WALZER UPI Financial Edior New York-(DPD-Wall Street anticipated the rise in stock market margins from 70 per cent "to 90 per cent with two sessions of selling that knock ed values of listed shares down by five, billion dollars, brok ers said today. . . Actually some of the mar ket operators seemed disap pointed that the Federal Re serve Board in raising the margins didn't make them 100 per cent or no margin at all. Why the FRB's generosity?" they asked. ' . Margin is the amount one must put up in cash if he is trading in stocks on partial credit. A 90 per cent margin means the buyer of stock must put up 90 cents out of each dollar of market value of his purchase. Margin Second Highest Today's margin which ap plies only to new purchases of stock is the second highest on record, having been exceeded only by 100 per cent margins in effect from Jan. 21, 1946 to Feb. 1, 1947. ' Last Jan. 16, the Federal Reserve which is the sole au thority for margins cut the figure from 70 per cent to 50 per cent. On Aug. 5th, The board raised the margins to 70 per cent. ' i . Stock mar ket credit on Sept. 30 had reached $4,300,000,000, the highest to tal on record, it was reported. Brokers' loans to customers for carrying stock purchases totaled $3,100,000,000, a rise of nearly 3 per cent since Au gust and a rise of 20 per cent since the first of the year. Of No Concern Bank loans to customers for carrying stocks and bonds amounted to $1,200,000,000 on Sept. 30, a 4 per cent decline from the beginning of August and a rise of 8 per cent since Jan. 1. Edward T. . McCormick, president of the American Stock Exchange, said the rise should be of no concern what soever to business or to the securities industry. He held that the market in effect has been on a cash ba sis for a long time and was surprised the margin was set at 90 per cent. "Any analysis of the amount of credit in the market in re lation to values of securities is so small that this action ob viously can have no material effect," McCormick said. sale 1.99 REG. 2.98 women's man-styled flannel pa jamas. Sizes 32-40. sale 99C REG. 1.39. Women's slippers. Black, rose, turquoise corduroy. 1 1 1 sale 38C yd. sale 1.99 REG. 59c Suede Cloth. Sanf., printed. Fine cotton. 34". I RG. 2.98 flowing Mother Hubbard flan l nightgowns. 34-43. 1 Wish for any. item of merchandise in the store! Fill out and deposit an entry blank any day thru Saturday, Oct. 18. Drawing :aiuraay, uct. i, mi p.m. You do not have to be present to win Winner will receive a $50 merchandise certificate as a bonus if present at drawing. II IT 1 ItW I i hiii i mm mi ft -mr-jin im'i iirT-ronnT I m WISHING WELL sMWArfnrl'i f -t i ' " ' j ' ' ' r gSJS I sale 1.48 REG. 1.98 famous mkr. bra. Circle stitch cotton. 32-40. A, B, C sale 2.99 REG. 3.98 nylon tri cot, pleats, laces. In white, pastels. 32-44. mv www pr. Reg. 98e. Carol Brent seamless nylons. 1 5 denier. Dress sheer. REG. 1.19 caff on suede shirts, In 2-6x. Once a year sale! REG. 1.49 cotton suede, machine wash able! Sanf. 6-18. 1 2.49 saddle pants, heavy duty denim, re 1 inforced. Boys1 6-16. ' REG. 59c Spun-Lo knit rayon panties for J women. Sizes S-M-L 1 I I REG. 49c pair. Wom en's, misses' stretch anklets. No-slip nylon. I sale 44c I sale 399c i sale 3.74 I sale 31.44 I sale 31.18 REG. 4.98 - Magic Cross girdle or parity. Nylon lin. S, M, L, XL REG. 31.75 boys T-shirts, nylon rein forced. 4 to 16. Boys' 4.16 speed shorts, cotton knit, full cut, reinforced. 99c .- sale REG. 1.39! Everlon finish rayon net panel. Ivory white; 40"x81". REG. 1.59 boxer slacks, in 3-6x sizes. Mach.wash. corduroy. '59 PLYMOUTH NOW On Display! Parsons Motors THE LOOK 1.68 sale REG. 2.19 rib knit cotton u'suits, long or short sleeves. 38-46. sale 31.99 REG. 3 for 2.50. Men's cotton T-shirts. Briefs . . . 31.38 I sale 2.88 ! REG. 3.69 men's sanf. cotton flannel pj's, coat, middy.. ,. i sale 36.99 SAVE 4.86 on box of men's 3.95 dress shirts. Ward Week! REG. 7.98 boys' alt wool varsity, 3-fone trim. Sizes 10-20. ' - sale 3.99 SAVE 20! Boys' I REG. 4.98 boys' ox 2-in-l cardigan-like f fords, black, brown, sport shirts. 6-18.1 eaH- No. 8 -3. K - a. m r y s A , ssssw m -I -. . . 7. I I I I !( I I f I f I k in ii i m m i j j i u c m -9. . . .jtmfJmmi m. - t-i muMmm m mm r , . 1 - -mmr I sale 88C I sale 99C ! sale 1.88 ! sale 1,18 f sale 5.99 ! sale 1.99 1 . i sal399c ! sale 38c REG. 1.15 men's I cushion foot sox for i work,-sports. Save I i I 1 I Save 44 on men's 1 cotton argyles reg. 1 69c. Combed cotton. 1 sale 4.66 Reg. 5.98. Vibrator pillow. Corduroy cov ers unzip. Toast, pink, turquoise. sale 1.94 REG. 2.79 mattress pad. White twin size. Full size .... 2.78 sale 1.68 REG. 1.98! Sheet blanket. Soft cotton. Hemmed. 70"x90". sale 8.88 Hip-length wool var sity jacket. 3-tone knit collar and cuffs. - sale 7.99 I SAVE 3.99, usual ! 1 1 OB ..mnr hnnK ' Full grain leather... . 1 I I i I sale 4.88 I sale 5.38 I sale 6.99 i sale 6.66 i sale 8.88 j lowest price of the t season! Powr-House I twill shirt and panic. REG. 5.98 army twill work jacket. Wards SAYE 1.99. Powr- House work shoe, Neo- " " i . Powr-House. Cap 78c prene soles. 6-1 2, Usual 7.98 wool nylon plaids, wshble! 85 wool. Men's fit. All -Nylon, machine I washable. Quilt lin I : ing, Chest zipper pekt. sale 2.88 REG. 3.49 men's western saddle pants. Close-fitting denims. i sale 5.99 1 REG. 7.99, built to j Navy-last measure, t Black.-brown, 6-12 YOUR CHOICE SPORT SHIRTS, deluxe cottons, new patterns, big assortment. Usually priced 2.93to 4.95! 1.99 I i i i i i 315 E. 5th Phone SP 3-3687 r