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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 3, 1959)
v 10 MAIL TRIBUNE, M.dford, Or. Quotes From the News By UNITED PRESS Moscow - Vice President Richard M. Nixon, recommend ing that Nikita Khrushchev States: "H would see that our economy is strong and produc tive, and while his visit would not convert bim to capital ism any more than my visit here would convert me to com munism, it would serve to change his ideas of how our sys tem works. San Juan, Puerto Rico Rockefeller, on the engagement of his son Steven, to the family's former maid, Norwegian Anne-Marie Rasmussen: "We couldn't be happier. She is a wonderful girl." Alexandria, La. Gov. K. Long, threatening to have national Democratic committeeman Camille Gravel removed from a political rally: "If you don't keep your claptrap shut, I'm going to have you removed as a common heckler." Washington Sen. Homer E. Capehart (R-Ind.), on the proposed invitation to Nikita Khrushchev to visit the Unit ed States: "I. for one, am not ready for their past sins. I " Si ! villi TOVARISCH DICK Vice President Richard Nixon dons Kussian miner's equipment to go down into a copper mine in the Siberian hinterland, near Sverdlovsk. He was enthusiastically received by a crowd of 30,000 per sons, the largest number to turn out for him since the start of his Russian tour. Wall Street Chatter New York (UPD -The cur rent Business Week Maga zine finds the outlook is still bright for the stock market, and though some skeptics fear a sharp sell-off, the chances of a real slide seem remote simply because so many are waiting on the side lines fo- a chance to pick up bargains. Strength in the oil group oil and nat iral gas stocks -is capable of continuation de spite the expected near-term consolidation phase in the market, says Joseph E. Gran ville, ana'yst for E. F. Hut ton and company. Martin Gilbert, analyst for Van Alstyne, Noel and com pany finds that the buying mood of both investor and speculator remains constant and while there is apparently a considerable amount of substitution from one stock to another, purchasing power is well distributed and this would account for the excel lent action of the stock list. Value Line estimated "total 1980 automobile market at 6,500,000 passenger automo-' biles, with the bulk of the increase over the estimated Thomas Edisons Home Becomes National Site West Orange, N. J.-fllPD-The rambling, 23-rrom Victorian-style mansion of the late Thomas A. Edison will be dedicated as a national mon ument today. The mansion, recognized as an outstanding example of Victorian architecture, will be turned over to the Nation al Park Service. Known as Glenmont, it was Edison's home for 45 years and the scene of many of his inventions. Science Shrinks Piles New Way Without Surgery Stops Itch-Retteyes Pain Tk, I. T. fSy.i.t) For the fint time science has found a. new healing' snbstance -with the aston ishing ability to shrink hemor rhoids, stop itching, and relieve pain without surgery. In ease after case, while gently relieving pain, actual reduction (shrinkage) took place. Mot amazing of all results Wire ao thorough that sufferers made Monday, August 3, 19S9 INTERNATIONAL be invited to visit the United New York Gov. Nelson A. to forgive them (the Russians) 1959 output of 6,000,000 units in compact cars. Demand for small cars, however, may not expand fast enough to absorb the scheduled 80 per cent in crease in the supply of these vehicles, the service adds. Coast Metal Trades End Negotiations Portland- (UPD -The Pacific Coast Metal Trades District Council concluded negotia tions with 1?3 West Coast shipbuilding firms here Sun day, and according to Thomas Rosell, executive secretary of the council, "insurer' peace for at least two years." The two-year contract, ret roactive to July 1, 1959, pro vides for a seven-ctnt an hour increase effective July 1; a pension plan of 10-cents an hour effective May 1, 1960 and another seven cent per hour wage hike effective July 1, 1960. Rosell said some "improve ments" were maJ- in holi day and vacation provision, but "not many." The negotiation results were to be mailed today to some 15,000 West Coast ship yard workers. The firms negotiating are all in California, Oregon and Washington. Rosell said also th.-t both management and 1 abor groups are "organizing them selves to fight the legislation now in Congress in an at tempt to eliminate the six-per-cent differential." The differential was set in 1936 to offset cost of transporta tion and material to. the west coast from eastern cities. Lake Victoria in , British East Africa, covering 27,000 square miles, is 2,720 feet above sea level. astonishing statements like "Pile have ceased to be a problem! " The secret is a new healing sub stance (Bio-Dyne) discovery of a world-famous research institute. This substance is now available in suppository or omtmtnt form under the name Preparation H At your druggist. Money back guarantee. Res. C 8- Fit- OC i mJtm i iMiiiniiimiifcl11l'"" w i twj nLiiimimji iiii WARMLY SMILING, Soviet Premier Nikita Khrushchev (tipping hat) and Vice President Nixon, left foreground, meet for second time in Moscow, after Nixon com pleted visit to Siberia. Noted leaders climb roadway adjacent to Moscow River, while large contingent follows and admiring women spectators applaud. Both men seem warm but pleased as they wind up Nixon's rather spectacular Russian visit. Stock Market This Year Piker Compared By ELMER C. WALZER UPI Financial Editor New York-(UPD -The stock market for 1959 has been active as markets go over the past years, but it's a piker compared with 1929. So far this year sales have been the best since 1930 when the total for the year amount ed to 810,632, 546 shares. Elmer Wilier The 1929 market turned out more than a billion shares, the only year in history that figure has been attained. The exact total was 1,124,800,410 shares. The big thing about the 1929 volume was that it rep resented a turnover of the 942,492,073 shares listed of 119 per cent. Suppose we were to catch up with 1929 turnover tnis year, we'd have to trade more than six billion shares be tween now and the end of the year. That little stunt would in volve daily turnover of 60 million shares. That would be 15 times our best recent markets. Ticker machinery would go to pieces trying to keep a few hours behind the market unless huge blocks of stock were turned over. How It Works Out If you don't believe this, work it out for yourself. There are now listed about 5,500,- 000,000 shares. Take 120 per cent of that to make it easy. That would bring the total to 6,600,000,000 for a year's turnover to equal the rate of 1929. Knock off 600 million for the year's trading to date which is being generous and you get six billion. Divide that by the 100 days you have to go, by knocking off two zeros. The answer is 60 mil lions - the share total per day to match 1929 turnover. This department doesn't go in for prophecy but we have it on good authority that situ ation won't develop. This is an investment market and not a speculative market like that of 1929 so far as trading is concerned. A glance at the active issues bears out this statement in part: American Motors, the No. 1 active of 1958, has done it again. It's out way ahead of all the others. And to think, just two years ago it was in 49th place. American will do a lot more than the stock market as a whole in percentage turn over. It already has more than turned over its listings. Last year its turnover was nearly double its listings. This tock isn't the specu lation . it once was. It has carved a niche for itself in the investment department of the automobile group by its jump in sales. In second place so far this year is Aluminum Limited, Canadian aluminum producer. Last year Aluminum was in 1 OUt Of 10 Americans has a serious mental problem These people need the under standing of all of us. Beyond this, we should learn to understand our own emotional tensions. And stop such tensions from making Efe unhappy for us and for others. Find out what to do. ' Send for the free booklet, "How To Deal With Your Tensions". Write: Box 2500, New York 1, N.Y. Published as a public service in cooperation with The Advertising Council and the Newspaper Advertising Executives Association. to 1929 Turnover ninth place and in 1957 it was 29th. Standard of Jersey, last year's fifth place active, is third this year. And that's just where it was in 1957. General Motors, last 'year's third ac The Family. Council Editor's note: Xhe Family Counci consists ol a Judge a psychiatrist, three clergymen, a. newspapei editoi a women's editor and two writers. Each article is a summary ! an actual report The Family Council does not give advice: it merely report; on problems that have been dealt With by responsible agencies "4 counselors. Leonard R. If I can pay for the gas I should be al lowed to use the car. Mr. G. R. Are we to put the car at his girl's disposal? Leonard R. - I am 17 and have dated a girl a year younger for the past seven months. My father now wants to break this up because he says she demands too much time. I have a summer job and I'm earning good money. I feel I have a right to go out and enjoy myself on my own money after a hard day's work. My girl, Julie, also has a summer job and wants to go out as often as possible. I think that as long as I can pay for the gas I should be allowed to use the car. My parents have priority of course, but they hardly ever use it anyway. My father would rather see the car rot than let me use it. Mr. G. R. - Our arguments have been very bitter and my wife says she feels caught be tween us, not knowing whose side to take. I simply don't think that earning his own salary en titles a boy to every privilege The fact that he is able to earn enough money to put himself through a nearby state college has given him a swelled head. But fresh as he is with us, his girl can step all over him. I know for a fact that he has often been too tired to go out, but she'll talk him into it every time Are we supposed to put our car at this girl's disposal? I don't want to be unfair - but there are .limits! The Council: The car fre quently becomes the focal point of family battles with far deeper implications. All too often the car is the last stronghold of the parents' au thority. The adolescent may bitterly resent this remaining symbol of his dependence on his parents. . It would be far better for parents to shift the argument to the real issues. Apparently Leonard understands that his parents don't really begrudge him the use of the car. They are concerned about his re lationship with his girl friend. They are fearful of this girl's growing power over him. Perhaps it would help Leon ard and his parents to realize that this problem is typical and it is of growing concern UN!' Vui- tive, is fourth this year. It was second in 1957. Studebaker-Packard is sev enth this year and Ford, eighth. And that takes care of the autos, except Chrysler which is No. 21 on the list. to psychologists and. edu cators. Young men hardly have the opportunity to get out of their swaddling clothes before they are eagerly em braced by a forceful young lady with a clear-cut picture of what she wants out of life. One of the things she wants is a reliable husband. This may be all to her credit, but it is hard on the young man who must become reliable husbands before they have at tained full status as men. It is doubtful whether it is right or possible to run down any of these young ladies in the eyes of their admirers. Perhaps it would be better to try to direct the young man's eyes to the many possibilities the world holds for him if he is willing to be a purposeful human being who knows his own mind. Leonard should be aware that girls will not shun him if he refuses to accom modate himself to their ' de mands. On the contrary, they will respect him more. We believe that if Leonard thinks about it seriously he will find that there are many things he would like to do with his hard-earned money and his precious time. We're all for plenty of social activ ities for young people, but not at the sacrifice of every other interest. (Copyright, 1959, General Features Corp.) PROPER SPIRIT Jackson, Miss (UPD A di vision of the state Education Board is sponsor for a five day conference, opening to day, on means of helping Mississippi alcoholics. Missis sippi is legally dry. vMay t Borrow Your Lawnmower, a Shovel, and $2001" Chances are, there aren't many neighbors like this but, they could certainly take care of All those needs by seeing us for a prompt loan. We can arrange terms conveniently to fit their budget. Have YOUR neighbor see us if he needs MONEY and see us YOURSELF in any financial emergency. LOANS From $25 to $1,500 On Auto Furniture Signature LOCALLY OWNED CRATER FINANCE CORPORATION 135 PINE CENTRAL POINT NO 4-1273 Frank Wilkinson, Mgr. Convenient Parking No Meters Two Receive $500 . Scholarships Los Angeles- (UPD -Barbara Hicks, of Stanford university, and Sheila Conway, of Los Angeles State college, have ech won S500 scholarships of the California Newspaper Publishers .ssociation, it was announced Sunday. Carroll W. Parcher, editor publisher of the Glendale News-Press disclosed the win ners' name for the annual Edith R. Allan . emorial scholarships which are given to outstanding senior girl journalism students in Cali fornia. The prize was established in 1950 in honor of Miss Al lan, who was on the associa tion staff for 20 years. Usual ly one award is given an nually, but reviews of both girls' records indicated each was deserving of the honor, according to Carlyle Reed, of the San Diego Union-Tribune. He is chairman of the scholarship committee. The dual award was made possible by Iie special gift of Walter Kane, publisher of the "akersfield California. Miss Hicks is with the Bend (Ore.) Daily Bulletin this summer " and Miss Con way with the Alhambra Post Advocate. Each is on her col lege newspaper. x Waist-Slimming 9148 SIZES 36-48 Step into this cool princess dress without mussing your hair! Side-button lines are slimming as a diet-ideal for plaids, checks, solids. Sew- easy-no waist seams. Make it now. Tomorrow's pattern: Misses' dress. Printed Pattern 9148; Wom en's Sizes 36, 38, 40, 42, 44, 46, 48. Size 36 takes 5 yards 35-inch. Printed directions on each pattern part. Easier, accurate. Send Thirty-five cents (coins) for this pattern-add 10 cents for each pattern for first class mailing. Send to Marian Martin, Medford Mail Tribune, Pattern Dept., 232 West 18th St., New York 11, N. Y. Print plainly NAME, ADDRESS with SIZE and STYLE NUMBER. Rockefeller Says He Won't Be VP Candidate in '60 San Juan, P. R.-fliPD-Gov-Nelson A. Rockefeller of New York Sunday emphatically ruled himself out as a Re publican candidate for vice president in 1960. Rockefeller's removal of himself as a vice presidential possibility all but killed Re publican dreams of a Nixon Rockefeller ticket. While eliminating himself as a potent al ice residen tial nominee, Rockefel1 . con tinued to leave the door open to the possibility he migh be available for the Republican presidential nomination. He reiterated he had no plans to become - presidential candi date, but said he would not preclude the possibility of completely changed circum stances which might . change his mil. J. At Conference "I don't want to preclude the possibility of a complete change in circumstances in which I would want to reap praise the situation," he- told a news conference on the opening day of the 51st , an nual governors conference. However, he declined to say what these circinstances might be. Many leading Republicans, including some of the 14 R publican governors attending the conference here, are known to 'av a Nixon Rockefeller ticket for 1960. ..Rockefeller said that at present he regarded Vice President Richard Nixon as the leading candidate for the GOP presidential nomina tion. He said he thought that Nixon "has handled himself with great skill under dif ficult circumstances" during his visit to "iussia. Three Die in Plane Crashes in State By United Press International ' Two eastern Oregon plane crashes claimed three lives during the week end. The crash of a two-place light plane near Troy Satur day night took the lives of two men. The victims were the pilot, La Verne Fiester man of Clarkston, Wash., and Mrs. Lester Kiesecker Troy. Wreckage of the plane was found Sunday afternoon about a mile from the private airstrip from which it took off. Search started after it YOU ARE INVITED TO SEE AND SELECT DEC ORATIONS, FOR STORES, CLUBS, ORGANIZA TIONS, SUPER MARKETS, BANKS, OFFICES, RESTAURANTS, ETC. WE WILL SHOW GAR LANDS, WREATHS, LARGE ORNAMENTS, AR TIFICIAL TREES, LIGHTS, PAPERS, ANIMAT ED FIGURES, FOLIAGES, OUTDOOR DISPLAYS . . . A COMPLETE CHRISTMAS DISPLAY. Benedict's of Portland are planning a showing of their complete Christmas line for 1959. r.lEDFORD HOTEL 11 00 LI 410 MONDAY, AUGUST 3rd THRU THURSDAY, AUGUST, 6th 8 A.M. to 10 P.M. Mr. Ed Bruce, an experienced displayman, will help you solve your display problems. Make your selections and we'll ship and invoice when you are ready. PLAN TO SEE THIS GORGEOUS DISPLAY. ALL ARE WELCOME. Benedict's Display Equipment 309 S.W. 3rd Avenue Portland 4, Oregon Family Mascots t These playful pups will win the hearts of all the family extraasy to embroider, too! LOTS of color -LITTLE work! Cross-stitch pups 'are gay on pillow-tops, as pictures, too. Pattern 7443; transfer two, 11 x 1214-inch motifs; color chart. Send Thirty-fire cents (coins) for this pattern-add 5 cents for each pattern for 1st 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, AD DRESS, PATTERN NUMBER. Our 1959 ALICE BROOKS Needlecraft Catalogue has many lovely designs to order: crocheting, knitting, embroid ery, quilts, dolls, weaving. A special gift, in the catalog to keep a child happily occupied -a cutout doll and clothes to color. Send 25 cents for your copy of the book. failed to arrive as scheduled at Enterprise. . Donald Jerome Hanley, 21, Pendleton, was injured fatal ly Sunday in the crash of a small plane he was piloting He died in a Hermiston hos pital six hours after the sin gle engine aircraft crashed in an alfalfa field seven miles northeast of Stanfield. The accident occurred at 8:25 a.m. Sunday. PDSPLAY TOEVDEW Fair Entries Musi Be Mailed by Aug. 14 Entr;- forms for the Ki- wanis Centennial Fair, must be mailed by Aug. 14, fair officials remined area resi dents. The fair will be held at the Medford Armory Aug. 20 through 23 with four di visions and numerous classes open for items. Departments include ' food, textiles, floral arrangements and land products. Rules governing the Ore gon -ate fair will apply to entries in the county fair, officials pointed out. It's easier to carry the load.. 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