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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 22, 1958)
14 MAIL TftlBUNE, MtMoU. Or.. Mouthy, Deember 22, 195S Try and Stop Me -By BENNETT CERF- "jlfAN BACK FROM the Florida gold coast says the tipping J-'A nuisance there has reached an all-time high. He phoned downstairs for a deck of cards on one occasion and the bellboy delivered them in 52 separ ate trips one card time! at a Mr. Cammembert had one wife and one race horse, and both of them took sick at the same time. He ordered medicine for both at his druggist's, warning that gentleman, "Don't you go getting those prescriptions mixed, now. My horse js entered in a big race next week, and I don't want any thing to happen to him.' I (iffy Market Traders Not Too Eager To Take 1958 Stock Profits Complainant in a police court, demanded that a belligerent neigh bor be arrested. "Deacribe him," demanded the police officer. "Has he got a mus tache?" Tin not sure," admitted the complainant. "If he has one, he sure keeps it shaved off." O US, bjr Bennett Cert Ciitributed by Sine Features Syndicate, Winter Term Has Night Classes, SOC Announces Ashland-Winter term night classes at Southern Oregon college will begin Jan. 5. 6, 7 and 8, Mrs. Mabel W. Win ston, registrar, announced to day. Enrollment will be accept ed not later than the second class meeting, Mrs. Winston said. Classes beginning Jan. 5 in clude Art 254, Ceramics I, two credit hours, Britt cen ter, Room 103, Monday, 7-9 p.m.; Music 296, orchestra, one credit, band hall, Mon days, 7-9 p.m.; History 478, history of the Pacific North west, three credits, library, room 7. Classes beginning Jan. 6 are Art 255, Ceramics II, two credits, Britt center, room 103, Tuesdays, 7-9 p.m.; A 318, painting, two credits, Britt center, room 111, Tuesday, 7-9 pjn.; Music 453, historical aspects of music, three credits, Churchill building, room 207, Tuesdays, 7-9 p.m.; PE 180, social dance, one credit, Britt center ballroom, Tuesdays, 6:45 p.m.; PE 180, skate-dance, one credit, Ashland skating rink, Tuesdays, 6:45 p.m. Educations Classes Sat Classes beginning Jan. 7 in clude Education 485, princi ples and practices in guid ance service, three credits, Churchill hall, room 203, Wednesdays, 7-9 p.m.; PE 180, skating, one credit, Ashland skating rink, Wednesdays, 6:30-8:30 pjn. Classes beginning Jan. 8 in clude Education 513, evalua tion of classroom instruction, three credits, Churchill hall, room 108, Thursdays, 7-9 p.m.; Health 358, first aid, three credits. Gymnasium, room 101, Thursdays, 6:45 p.m. Egypt Denies Israel Report of Dogfight Cairo-(lTD-Official Egyptian sources deny an Israel report that a United Arab Republic fighter was shot down in a dogfight Saturday by an Is reli aircraft. The sources accused Israel of "fabricating stories for local consumption in order to boost morale." Cairo newspapers said U.A.R. jets scared off four Israeli fighters. Pioneer 5.F. Financier Dies San Francisco-(UPD-James H. Schwabacher, pioneer San Francisco financier, died Sun day at his home. He was 77. Schwabacher, born here in 1881, was co-founder with his brother, Albert, of Schwa bacher & Co. investment com pany and tne benwabacner- Frey stationery and printing firm. He was a director of the Crown-Zellerbach Corp., Roos Brothers company. Spring Canyon Co. and Royal Coal company. He was a member of the New York Stock Ex change. A founder-director of the San Francisco Light Opera Company, Schwabacher was devoted to music, owning a valuable collection of record ings. He was also an art pa tron and supporter of .num erous charities. In addition to his brother Albert, he leaves his wife, Sophie Dinkelspiel Schwa bacher;' a son, James Schwa bacher Jr.; a daughter, Mar ie Louise .Rosenberg; and a granddaughter, Marily Rosen berg. Private funeral services were being arranged. The first physics laboratory in Canada was established at the University of Toronto in 1878. East Evans Creek-Meadows Visitors At Fry Home By NELLIE BERGMAN East Evans Creek-Meadows -Week end guests recently at the home of Mr. and Mrs. Gordon Fry were Mrs. Fry's mother and father, Mr, and Mrs. John Wisner, of Fern dale, Wash., and Mr. and Mrs. Earl Macy of Everett, Wash. Mrs. Macy and Mrs. Fry are sisters. ' Mr. and Mrs. Robert Fuch and son, Douglas and Mr. Fuch's mother, Mrs. Julie Fuch of Portland were guests of Mr. and Mrs. Emery Sting ly over Thanksgiving week end. Mrs. Robert Fuch is Mr. and Mrs. Stingley's daughter. The Mitchell family had a Thanksgiving dinner at the home of Mr. and Mrs. Harry Mitchel. Mr. and Mrs. Guy Bishop recently returned from Aber deen, Wash., where they vis ited their son and family, Mr. and Mrs. Guy Bishop Jr. William Neal has been vis iting his niece and family, Mr. and Mrs. Curtis McRae, on Antioch rd. Gerald Mitchell returned recently from Palo Alto, Calif., after spending the Thanksgiving holiday there. Mrs. Grace Arnold and Mrs. Finch of Medford visited in the Meadows with friends Wednesday and attended the Friendly Neighbors club meeting at the home of . Mrs Lloyd Beers. Mrs. Arnold lived in the Meadows at one time. Mr. and Mrs. Guy Bishop are leaving for a holiday visit with Mrs. Bishop's broth er in Long Beach, Calif. Herman Gerhardus is leav ing for a Christmas visit with relatives in Portland. Northwest Youths Rhodes Winners Spokane -UPD- Four youths from Northwest states were picked Saturday night to re ceive two year Rhodes schol arships at Oxford University in England, beginning next fall. The four picked are Erik S. Ronhovde, a student at Har vard university from M i s soula, Mont.; Bryce E. Nelson from Boise, Idaho, and also at Harvard; Rodger Young from Sacramento, Calif., a student at Reed College in 'Portland and Cadet Bradley Hosmer of the Air Force academy, repre senting North Dakota. The Oriyas, natives of Or issa, in the republic of India, trace their traditions back to 1,000 B.C. PLANER CLEAN, SELECT QUALITY Fill Your Storage Now Big Double or Single Loads MEDFORD FUEL CO. Phone SP 2-2111 Court and McAndrews NESUBLISHEO 1896 f I GREEN lSTAMPSy By ELMER C. WALZER UPI Financial Editor New York -UPD-This in or dinary years is the time of year for the year-end rally of f "'"J long tradition to gather mo mentum. This i s n o ordinary year, and hence Wall Street ex p e r t s are wo n d e r i n g just what the market will F.Lner Walzer do. It is no ordinary year be cause there has been only a minimum amount of tax loss selling - selling to establish losses for tax purposes. About the only real losers were the bears since nearly everything went up. Traders haven't been to ea ger so far to take profits for 1953 because they apparently have enough of them rolled up to make their taxes big stuff. But they may want to take profits for 1959. Starting on Dec. 24, the day before Christ mas all long sales made to take profits will be assessed to the 1959 year for tax pur poses. Tax losses for 1958 can be taken right up to last tick on Dec. 31. For tax purposes, the reve nue bureau holds that a sale of stock to register a capital gain must involve a delivery. The Stock Exchange rule on delivery says it must be made on the fourth business day following the day of contract. There are only three delivery days left after Dec. 24th - the 29th, 30th, and 31st. A great many people want to take some profits in the 1959 tax year and they may elect to do some profit-taking starting on Wednesday. That would seem to be a good day to do it, say the ex- t Harney Man's Bid For Asylum Loses Burns -flJPD- A prisoner in the Harney county 'jail here who asked for asylum in Rus sia was sentenced to three years in .the state prison on J charges of entering a dwelling. When Jerry Earl Coplan appeared in the Circuit Court of Judge Jeff Dorroh last week, it was disclosed by Dis trict Attorney William Craw ford that Coplan had smug gled a letter to the Soviet am bassador in Washington. Copeland requested the en voy's help in obtaining asylum in Russia, v The ambassador's reply, which had to be for warded through the sheriff's office tipped authorities to the plan. The ambassador told Cop lan in the letter that he didn't know how permanent resi dence in Russia could be ar ranged for him. Coplan admitted to the break-and-enter charge. ANNOUNCES BUDGET Warsaw - (UPD - Polish Fi nance Minister Tadeusz Die trich announced Sunday night a 1959 budget of 186 billion zlotys and promised to speed decentralization of industry, trade and agriculture during the coming year. Helping Dreamers to Dream Keeps America Strong It has always been the dream ers of better -ways of doing things who have made our lives more worthwhile. . Yet the dreamer of today, if he is to contribute to our progress, must be an educated dreamer. He must have the training to dream beyond the present, beywid the knowl edge we have now. Our-colleges and universi ties are the places our dreams are given direction. Ironically, today they fare a crisis. Low salaries are driving qualified teachers into other -fields. .Many classrooms are over- i crowded. And applications are ; expected to double by 1967. Won't you help the college of your choice now? The re turns will be greater than you think. Published as a pbUe service t cooperation with The Advertising Council and the Nemtpaper Ad- ' verti&ing Executives Association. perts, since it is the day be fore a four-day market holi day when many will want to be out of the market anyhow. The market is to be closed the Friday after Christmas but it will operate as usual the day after New Year's Day. There could be some fur t h e r investment o f interest and dividends in the last few trading days of 1958 and if the total is high enough it could well offset the selling for tax purposes that might develop. The surprise stock split of American Telephone & Tele graph, incidentally is focusing attention on other split can didates. That development al ready has occurred, lifting some high priced stocks sharply. Split Candidates Wall Street considers al most any stock selling above S100 a share as a split candi date. When the Telephone shares are brought out to provide for the split up, the total of shares listed will soar well above the five billion mark. That figure may be attained even before the new Tele phone stock is listed. Incidentally the outstanding shares of American Telephone currently are valued at around $15,800,000,000. That is a figure larger than the value of all shares listed on the New York Stock Ex change on July 1, 1932. On July 1, 1932, there were 8 3 1 companies with 1,253 stock issues listed. These com prised 1,315,172,584 shares valued at $15,633,479,577. That figure was the low of the depression and it represented a decline of around $74 bil lion from the all-time high to that time set on Sept. 3, 1929 Lebanon Youth's Body Found in South Santiam Lebanon (UPD The body of Carl Hardell Jr., 20, of Lebanon, who drowned Nov. 9 while on a duck hunting trip, was found in the South Santiam river Sunday by the victim's father. . Alberta accounts for almost 90 per cent of Canada's pro duction of natural gas. OK MARKET is locally owned and operated. We are not affiliated with any other markets. There is only (one) OK Market. v i orrrfi if f f it fiKfffai w ; tt . it lbs. CANDY EM BUTTER 'EM FRESH 1 lbs 4fc I z c I Fresh. DAT Juicy Navels 2 2-lb. Pkgs. 9 Mixed NUTS 2 Dbs. 99c LMerry Qhristmasi t OK'S FINEST FRESH ONLY SORAN'S GRADE A TURKEY HAMS Young n TOMS Plump Tender HENS gall's - Hormel's retta - Del Monte Ready to Eat GIFT WRAPPED Finest Selection FiiYEHS 5 J 19 Nice Big Ones T Each U HORMEL DINNER NAPKINS - 33 Pure Pork Sausage Breakfast Treat 2-LBS. FOR S9C SLAB BACON IS STILL 49c LB. AT OK MARKET SHARP CHEDDAR CHEESE 59! BACON- 1C Ends and Pieces For Flavor JUm JJ lb Mary Ellen's 20-oz. JAMS RED RASPBERRY BLACKBERRY STRAWBERRY Your Choice 2 for 99 Finest Assortment o HARD CANDIES o CHOCOLATES o Chocolate Covered CHERRIES 1 Quart Reg. 63c TANG DRESSING Hilltop - Pitted - Salad Style OLIVES 3Ncn,$1oo Cream Flake Shortening 3 73 Nalles Banquet DILLS 59 Sun Pakt Small, Fancy OYSTERS 3100 , Market H OPEN TILL I V MIDNIGHT ILVER OOLAR 1202 NORTH RIVERSIDE