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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 30, 1959)
12 MAIL TRIBUNE, Medford, Oregon, Friday, January 30, 1959 Hunt for New Markets Recalls 1929 Events Along Wall Street By ELMER C. WALZER UPI Financial Editor New York-JCPD-Most every one will agree with the ex perts that this stock market isn't of the 1929 variety. It is a cash in vestment mar ket, while that one was a ipecu lative market on shoe- string credit. But ev ery so often things come along to make the situation look like 1929. If it isn't the market, it's the people who make the market. Back in 1929, when the big board had risen sensationally for that time, new stock mar kets were being brought out, and traders sought out invest ments abroad. A start already has been made in new markets with the New York Mercantile Ex change authorizing stock trad ing. That market which now handles mostly potatoes and 4 b "i platinum futures is taking ap plications from corporations for stock listings. Its mem bership prices have spiraled to a new high. Search for New Markets "Current appraisals of con ditions in 1959 suggest that companies in the following in dustries will achieve higher net profits this year: natural gas, iron ore, steel, chemicals, . nickel, copper, retail trade, several analysis are fc j and building mending a look at Canadian have an advan securities for investment by Americans in taxes Americans, and the recent moves in Europe to make cur- Canadian stocks sell on rencies converiiDie nave iurea . . v,; . j , t i j a lower yield basis than.their some funds to markets abroad. J . , Investors who are eager to t broaden their interests or who arr: TT . f or. , . . . . v,oo Hence, U.S. investors are are seeking stocks that nave , ' , l , ,, ,,j advised to emphasize long not gone a long way toward rnn-rt in tw to selected Canadian issues, " concenlnjle on ,ne more says the current Standard & - - Poor's "outlook." Low Priced Stock Boom ctAiA i.nt that vnth Mitchell of Canada believes the recession and the recovery many Americans will turn to were considerably smaller in Canadian issues in the low Canada than the U.S. experi- priced brackets. And this de- business mana coupiea wun me was- ie. dian buying may raise trad- "Business activity." says mg volumes to the levels ot Standard, "tends to follow the the copper and uranium booms oi tne past. ence. It believes gains may be more in line. Dattern set here, although in dividual industries often stray widely from the average line. i CAHN'T ABIDE TEENSIE REFRIGERATORS This determined chap knows that a lot of things, like elephant steaks, just won't go into little refrigerator tih tiny freezer space. All over the colony there are folks who feel the same way . . . maybe you're one. Why not gather the family together and safari down to Home Appliance and see, buy the biggest, grandest refrigerator freezer of all . . . just like Dr. Livingstone would do! If you're gunning for a fine buy, see us! General Electric Big 15 cu.ft. Combination With Straight-Line Design $62995 Terms Holds up to 1 75 lbs. of . fresh food in 10 cu ft. stor- 1 age space gives you big separate freezer compart ment! It's all G-E . . . mag netic safety door, foot pedal opening, magnificent Straight-Line Design with no coils on back! See it yourself! SWING-OUT SHELVES JM-Ma-WMMV--M----M---i-B j He predicts multi-million share days in Toronto and Montreal long before summer. "The time has arrived," says Mitchell, "where many traders are looking for bar gains. Having seen the higher priced stocks go up, they now expect the lower-priced issues to do likewise. And this is one case where wishing, can make it so. "That means more and more traders are already looking northward to Cansda where the pennies abound." For those who get shocked when the Canadian dollar spurts above the U.S. dollar, it might be wise to avoid reading the exchange table. When Americans invest in Ca nadian stocks they have to buv Canadian dollars. De mand for these dollars makes them rise. It's routine. Drivers Licenses Suspended Listed Salem-The department of motor vehicles has released names of 481 drivers whose licenses were ordered suspend ed during the period begin ning Jan. 19, and ending Jan. 23. Length of suspension varies, depending on charges involv ed, recommendation of court, discretionary action by the department or requirements of Oregon law. The depart ment said some of the licenses involving financial responsi bility and court recommenda tions may have been reinstat ed after suspension was or dered. The department warned drivers that the penalty for driving while suspended is a jail sentence of no less than two days and up to six months, and there may be imposed a fine up to $500. Under licensing procedures, this will also result in an additional year of suspension. Those suspended in Jack son county were: Driving While Suspended (In cludes any conviction for violation of traffic laws, involving operation of motor vehicle, while driving privileges were under suspension.) Henderson.i Claron William, 22, of 204 South Grape St.. Medford, no operator's license. 1 year. Huff Allan Leroy, 20, of 325 West Third st., Medford, driving while suspended. 1 year. Richey, Ronald Willes, 21, of 807 Gibbon rd.. Central Point, no operator-' license, 1 year. Thompson. Rexford Cooper, 37, of box 652, Central Point, no oper ator's license in possession. 1 year. Tipton. Barbara Jeane, 29, of 311 Gennessee St., Medford, no oper ator's license, 1 year. Whisenant, Bobby Lee. 27. of 2290 Cory rd., Medford, no oper ator's license in possession, 1 year. Driving Under The Influence of Intoxicating Liquor (Mandatory suspension) Betts, Marvin William, 39, of box 136. Prospect, 90 days. Court Recommendation (Fol lowing traffic violation convictions) Clark, Gerard Louis. 48, of 625 Park st., Medford, reckless driving, 90 days. Financial Responsibility (Fail ure to show proof of financial re sponsibility) Badger, Lawrence Watson, 67, of route 2, box 680. Central Point. Blackwood, Norma Lois. 19, of 1909 Scenic ave.. Central Point. Boyd. A. K 560 Siskiyou blvd., Ashland. Boyd, Dennis, 560 Siskiyou blvd., Ashland. Cardin, James Goldman, 56, of box 634, Rogue River. Cardan. OIlie David. 219 East McAndrews rd., Medford. Goodman, Burl Auston, 60, of box 250, Trail. Randleman. Harry Raymond, 74, of box 108. Rogue River. Rogers, Bill, route 4, box 202, Hood River. Westensee. James Albert, 49, of 300 South Columbus ave.. Medford. Wyatt. Walter Guinn, 28, of route 2, box 203E, Medford. TO ENTER FAIR Luxembourg - (UPD - The European coal and steel com munity's high authority has decided to participate in the New York Internati onal Trade Fair May 8-18. It was also announced that the six nation European groups Euro marked and Euratom also would participate. We Give f GREEN STAMPS CENTRAL REXALL DRUG Main and Central IBSllHl HURRY! SALE ON NOW! HURRY! SALE ON NOW! READY-TO-WEAR WOMEN'S COTTON DUSTERS, Brunch Coats and Corduroy Jump Suits. Plaids and Prints. Broken sizes and styles. Half and regular sizes. Values to 8.98 . WOMEN'S DRESSY ORLON SWEATERS. Scoop neck lines with jewell or lace trim. Short sleeves. Pastel colors and white. Regular 5.98 : . 4 ONLY WOMEN'S CAR COATS in wools or cottons. Values to 39.95 ' , 8.00 to WOMEN'S DRESSES in cottons, rayons, crepes, wool jerseys and novelty fabrics. Many styles to choose from sheats, soft pleated skirts or CHEMISE type. Pastel and dark colors. Broken sizes and styles. ONE GROUP (50 dresses) Values to 17.98 : ONE GROUP (50 dresses) Values to 25.00 J : ONE GROUP Values to 14.98 ONE GROUP Values to 22.95 ONE GROUP Values to 35.00 ONE GROUP Values to 45.00 20 ONLY PRINTED COTTON BLOUSES - Small sizes. Regular 2.98 12 ONLY COTTON KNIT CHEMETTES & T-SHIRTS Values to 3.98 : 3.98 4.98 13.00 . 2.49 5.00 8.00 13.00 18.00 20.00 79c & 1.00 1.99 19 ONLY PAIRS-CAPRIS & BERMUDAS Values to 10.95 . 1 ONLY KNIT DRESS-Size U in 100 wool, Royal Blue Regular 35.00 ! L 1 ONLY TWO-PIECE KNIT SUIT-Size 14 in 100 wool. Caramel color. Regular 39.95 2 ONLY KNIT DRESSES Values to 29.98 1 ONLY TWO-PIECE KNIT SUIT 1 ONLY TAFFETA FORMAL full length. Size 14. Light Blue. Regular 25.00 " I ONLY AQUA LACE LONG FORMAL-Size 16 Regular 45.00 1 ONLY PINK NYLON TRICOT FORMAL Full length. Size 10 Regular 39.95 . " 1 ONLY PINK ORGANZA SHORT FORMAL-Size 10 Regular 29.95 . 8 ONLY WOMEN'S RAIN COATS Values to 25.95 1 1 ONLY WOMEN'S ALL WOOL COATS Values to 68.00 1 2 ONLY IMPORTED PUFF FABRIC COATS Regular 89.95 1 3 ONLY ALL WOOL COATS ' Values to 89.95 2.99 & 5.00 27.00 ' 27.00 12.00 18.00 30.00 18.00 20.00 10.00 : 35.00 20.00 25.00. WOMEN'S WALKING SUITS AND FITTED STYLES 1 ONLY Regular 99.95 '. 1 ONLY Regular 89.95 1 ONLY Regular 45.00 5 ONLY Values to 59.95 2 ONLY Regular 22.95 50.00 50.00 25.00 25.00 10.00 MEN'S WEAR MANN'S GREAT JANUARY SUIT SALE Now in progress. Suits regular 50.00 value MEN'S LONG SLEEVE SPORT SHIRTS. Many styleV and colors. Values to 5.00 - OUT THEY GO! MEN'S FAMOUS MAKE DRESS SHIRTS Values to 5.95 : 37.00 2.88 2.88 DOMESTICS 150 ASSORTED DOLL DRESSES AND DOLL CLOTHES for Littlest Angel, Story Book, Sweet Pea, Miss Revelon, Ginger dolls, etc. Regular 1.00 to 1.50 Regular 2.00 to 3.98 : . 162 YARDS COTTON EMBOSSED EYELET-White on white and assorted pastel colors. Regular 1.29 250 YARDS ASSORTED DRESS FABRICS includes wools and wool combinations, silk prints, crepe, rayon and silk suitings. Regular 1.98 to 3.98 150 YARDS ASSORTED COTTON PRINI FABRICS Regular 39c and 49c : 204 YARDS ASSORTED FABRICS includes printed corduroy, cotton tweeds. Bates cottons, Shagbark, etc. Regular 1.19 to 2.98 75 PAIR ASSORTED CURTAINS for every room in the house plastic, dacron, nylon, etc. Regular 3.98 to 8.50 1000 YARDS FIRST QUALITY DRAPERY YARDAGE in many , beautiful designs, prints, plains, moderns. Regular 1.79 to 3.98 - 88c 1.88 68C yd. 1.48 yd 28c yd 88C yd. 3.33 pr. 96c yd JUST RECEIVED! SPANS THE SEASON SPARES THE IRON . . IN SNOWY WHITE POLKA DOT NYLON JERSEY Meet Spring's most welcome fashion, the carefree Stroller that romps or relaxes, packs and travels, looks at ease at home or on the go. Thanks to its on-in-a-jiffy zipper front, you step into it easily. Designed with an action back yoke and generously cut skirt, it lives effortlessly, no matter how active your day. Simplicity itself to care for, it washes, drip dries fast, sheds wrinkles, needs no ironing! Choose yours in Navy, Green or Black SIZES: 10 to 20 UVi to 22Vz 295 MANN'S - MEDFORD - SPring 2-6133 Please tend me Shelron Stroller at $12.95, in size color ,.; (state second color choice) Name . Addres City Charge Zone State Cash i
