Medford mail tribune. (Medford, Or.) 1909-1989, August 12, 1959, Image 13

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Medford mail tribune., August 12, 1959, Image 13

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Newspaper Page TextSHADY COVE Vacationers Listed wwi,yr:. '..'.: C7 ?, rmrj" ; A At - -- - 'V BORATE BOMBER Converted World War II Catalira flying-boat sprays borate on fast moving blaze in timbered resort area near Elsinore, Calif. The fire, started by an auto accident, has blackened 1600 acres, destroyed two homes and injured 28 fire-fighters. Big Funds Turning Cautious; No Trend Toward Bearishness 4 EUner Walzer Br ELMER C. WALZER UPI Financial Editor New York-DPD - The big funds whose buying has been a big factor in this bull market -wnuawl are turning a 1 bit cautious. yMjr. I Tljirin thp ''Tw secona- quart- jif stocks on a smaller 'scale than in the preceding quarters. They bought a few more govern ment bonds and built up cash reserves. This is brought out in an analysis of 86 of the big funds made by A. Wilfred May, ex ecutive editor of the Com mercial & Finance Chronicle, and carried in the current is sue. There is no trend toward bearishness, although a few fund managers are bearish. And some are distinctly bul lish. But many are cautious in view of the high prices for stocks and the high yields on bonds. Can Make Mistakes These fund managers, it is brought out, aren't infallible. They can make mistakes. For example in the second quart er they bought heavily in Ford Motor Co. stock at prices ranging from $57 to $75 a share. If they had a crystal ball, they could have loaded up with the stock in the sec ond quarter of 1958 at prices running from $33 to $43. Ford was the most popular of the purchases. Twenty three managements bought 322,300 shares while only one sold 4,000 shares. In the sec ond quarter of 1958 seven managements sold 95,400 shares and only three bought 29,100 shares. During the second quarter this year, the funds bought several electronics stocks on balance. This group got a real shellacking last week and some men said their glamour had been dimmed. They could be wrong. Oils Were Sold The funds sold oils. Out of 32 companies in the survey, the funds sold 23 and bought small amounts on balance in 9 others. They sold 187,000 shares of Sinclair and bought 25,5000; sold 92,500 shares of Standard Oil of California and bought 16,500; sold 76, 991 shares of Standard Oil (N.J) and bought 24,933; and they sold 130,000 shares of British Petroleum and bought 10,000. First half year profits of the oil companies surprised every one with net income of 36 companies a gain of 24 per cent over the first half of 1958. f Investment company man agers do not claim infallibility. They stress diversification and careful management of "funds in their operations. Wall Street refers to them as stock market experts, but they never claim that title. John A. Straley, an expert on mutual funds, has a defini tion for a market expert. Market Expert Definition A market expert, says Stra ley, is one who can tell you before 10 ajn. which stocks will go up, and after 3:30 p jn. can tell you why they did not. ' In his survey of the funds, May found that the compa nies favored in addition to Ford, such issues . as General Motors, Kaiser Aluminum, Jones & Laughlin, American Viscose, Republic Steel and Pittsburgh Plate Glass. American Telephone sup planted Standard Oil (N.J.) as the most heavily sold issue, followed by Boeing Airplane, American Can, and Gulf Oil. Among the favored groups in addition to the automobile and aluminum were coppers, steels, textiles, .banks, build ing shares, chemicals, elec tronics, and finance compa nies. Rails were moderately bought. . . Utilities Lost Ground Airlines met liquidation along with the oils. Utilities lost some ground. Farm equip ments, aircrafts, containers, drugs, insurance Issues and nickels met mixed buying. In terest lagged in gold shares. . Foreign issues met increas ed buying. In this group the best bought stock was Unilever. Other foreigns included United Sciene, General Elec tric of Germany, Borax, Ltd., De Beers, Ltd., Montecatini, Rhodesian-Anglo American, Ltd., St. Gobain S i m c a, Schlumberger, Ltd., Union Siderugique, Lorraine and Un ion Miniere Du Hant-Katanga. The Family Council Editor's note: The Family Connci. consists of a judge, a psychiatrist, three clergymen, a newspaper editor a women's editor and two writers. Each article is a summary of an actual report. The Family Council does not give advice; it merely reports- on problems that have been dealt witn oy responsioie agencies and counselors. Lucas S.-The girl's a tramp . . . my boy is ruining himself. Jimmy S. - She isn't really bad. . Lucas S. - What can a fath er do when his son gets into trouble with a tramp of a girl - aged 17? Jimmy is 19 and has always been a very good kid. We nev er had the least trouble with him. Last year he started tak ing night courses in account ing and was planning on a big future. Then he met this real cheap girl and now he wants to get married. All his plans have gone up in smoke. I checked up on this girl It is estimated that it re quires at least twice as much power to crank a gasoline en gine at 10 degrees tempera tures as at normal summer temperatures of 70 degrees or more. Make Your Own (iyQ6tt8ftw& Does your room need a new look? Rejuvenate your chairs, sofas with fresh slip-covers that you have made. Easy to make with these clear step-by-step directions. Instructions 7168: directions for slipcovers for chairs, sofas. Send Thirty-five cents (coins) for this pattern add 5 cents for each pattern for lst-class mailing. Send to Medford Mail Tribune, House hold Arts Dept., P. O. Box 168, Old Chelsea Station, New York 11, N.Y. Print plainly NAME, ADDRESS, ZONE, PATTERN NUMBER. Our 1959 ALICE BROOKS Needlecraf t 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. By EVALYN P. WATSON Shady Cove-Trail Mrs. Frances Miller of Shady Cove has returned home after visit ing her son and daughter-in- law and Mrs. Bud Decker' and family, of Portland who re turned home with her. The Deckers are visiting his sister and brother-in-law, Mr. and Mrs. Jack Thomas, in Canyon ville. Ted Hammond of Shady Cove who had been confined to the Veterans hospital, also returned with Mrs. Miller and the Deckers. He will be at Camp White. - Mrs. Johnie Minor enter tained at her home with a birthday party for her daugh ter, Shirley, recently. Games were played and refreshments served. Guests were Frazier Hammons, Dawn Oliver," Ann Sheri Watson, Virginia Wil liams, all of Shady Cove; her si-ter, Luella Minor, her cous ins, Ann Akins and Eddie Akins of Shady Cove, and Bobbie, Sandra and Janet Akins of Eugene- Mrs. Jim Akins and chil dren, Sandra, Bobbie and Janet, of Eugene have been visiting Akins brother and sister-in-law, Mr. and Mrs. Buster Akins, of Shady Cove, and learned she had a baby last year and was placed in a home. When I confronted her with this she denied it as brazenly as could be. She's very pretty, I'll admit that, but how can I convince Jim my that he'd ruin his life getting mixed up with her? Jimmy S. Dad just doesn't understand about my girl. She isn't bad or cheap at all. She just had terrible breaks in life and nobody has ever real ly loved her or cared about her until she met me. When I met Dolly she was living in a foster home where they mistreated her something terrible. She was later sent to her aunt's home. Her aunt is nicer, but doesn't really want her and she gives her all the hardest, dirtiest work in the house. When Dolly got into trou ble it wasn't because she was bad but because she was try ing to get away from her mother who was living a very terrible life with a man who wasn't her husband. What can you expect when a girl comes out of such a background? The Council: Yes, we think Jimmy would be making a mistake in marrying this girl -but not so much for the rea sons his father cites as for the reasons he, himself, gives. Jimmy's sympathy has run away with him. His pity for this girl, his desire to help her are to his credit, but these are not the appropriate senti ments for a husband-to-be. The account this girl has given to Jimmy reveals that she is filled with self-pity and has no conception of the idea of self-responsibility. She can blame someone else for all of her wrong actions and she be lieves that some outsider can come along and make things more comfortable for her. We have no doubt that this girl's background was misera ble and harmful to her. We think it was even worse than she believes. Apparently, no where along the line did she get the idea that a better life may be achieved through rec ognition of the good and strug gle toward it. Possibly someone can help Dolly understand these things -but that person would not be a husband. Dolly has had too little experience in overcom ing obstacles and in getting along with others to be able to gain from even a very good husband. Jimmy would do better to give his sympathy where it can do some good and his love to a woman he. admires, respects and doesn't want to change. (Copyright 1959, General Features Corp.) Need vacation money? to- Pacific Industrial is" Money land" pnntptg cotfrrocw pmonaJ kmns and otm or nod ear financing 16 S. Central SP 3-5308 Bob Griffith, Manager Mr. and Mrs. Bill Anderson of Roseburg spent a few days visiting their cousins, Mr. and Mrs. Tom Burdett, of Shady Cove. Other housie guests of the Burdett's have been Loy Barker of Klamath Falls, brother of Mrs. Burdett. Mr. and Mrs. Clarence Mas- sey of San Francisco were guests of Mr. and Mrs. Bill Massey of Trail recently. Mrs. Charles Goebel of San Francisco, who has spent the past several summers here, is confined to Letterman hos pital, the Presidio, San Fran cisco. She is suffering from a heart condition. , The pie social sponsored by by the HEC of the Shady Cove Grange last Sunday was considered successful. Mrs. George Haskell Brown of Tyron, N. C, is visiting her son and daughter-in-law, Mr. and Mrs. Bill Brooks at Trail. Newcomers to Trail are Mr. and Mrs. Howard Murphy and Drivers Suffer From 'Velocilalion' Columbus. Ohio -TOPI) The new cars built more and more for safety, are becoming more and more dangerous for the driver who doesn't know what "velocitation" means. The new term stands for the gradual loss of ability to tell how fast you're ' going. The bigger and heavier the car, and the straighter the road, the more likely this phe nomenon will make you an other traffic statistic. Myron W i 1 1 i s o n, Ohio Trucking association safety expert, warns that a driver suffering from "velocitation may be clipping along as much as 20 miles an hour faster than he thinks he is. The way to avoid it, says Willison, is by glancing . fre quently at the speedometer. "Many motorists on trips gradually increase their speed as the day wears on without being aware of it," he says. Court Records Connie L. Gardner, violation of basic rule, S15. Jack D. Bonesteel. overload. $105, Marvin S.Cook, overload, $44. Ernest I. Flakus, violation of ba sic rule. $15. Jerry A. Abbott, violation of ba sic rule, $15. William F. Griffith, failure to make traffic stop. $10. David P. Cole, failure to comply with drivers license restrictions, Sfi. Eleanor D. Pree, failure to dim lights, $730. CntCDIT COURT Helen A. Davies vs. William W, Davies, divorce complaint. MARRIAGE LICENSE APPLICATIONS Theador Francis Pitt, general de livery, Medford, and Phyllis Au drey Fairfield, 401 12th st Med ford. James LeRoy Irwin and Dolores May Brown, both of Butte fails. Arthur L. Lucke, box 593. Cen tral Point, and Dorothy Wilmoth Hays Keeton, 1213 West ninth st, Medford. children, Kathleen, Patricia and Dennis, of Grants Pass. They are renting one of Jack Dutchers houses.' Mrs. C. W. Burnside of De troit, Mich., is visiting her brother and sister-in-law, Mr. and Mrs. Ernie Segessenman of Shady Cove. The Segessen- mans went to Portland to get Mrs. Burnside when she ar rived by train, and on the way home stopped to see Mrs. Segessenman's brother-in-law and neice, E. C. Vosson and Abeline Vosson, in Eugene. are Mr. and Mrs. George East man and family fromTPlacer ville. They are renting the O'Brien house. The George Eastmans have purchased the Roy Vaughn ranch and will be moving in about Sept. 1. The Rogue Wonderland sign which Fred Kindschi of Mc Leod spent two months paint ing and preparing is now up on the north bound Highway 99 at Phoenix. Members of the Rogue Wonderland as sociation dug the holes and erected the sign. Linday Langston, daughter of Mrs. Jacalyn Langston of Medford and granddaughter of Mrs. Carl Hanson of Shady Cove, spent the weekend visit ing Sheri Watson of Shady Cove and attended the Job's Daughters and DeMolay swim ming party at Pfeifers pool. Mr. and Mrs. Rufus Trusty of Elk Creek, Trail are in Oakridge, where they are vis iting Mr. and Mrs. O. O. Will- son, former residents of Trail and Eagle. Point. Mr. and Mrs. W. H. Young child of Toledo, Ore., visited his parents, Mr. and Mrs. Wil liam Youngchild of Shady Cove recently. Mr. and Mrs. John Young, and Mr. and Mrs. Jack Young and son, Clayton, all of Van couver, Wash., visited Mr. and Mrs. Roy D. Silvers of Shady Cove, last weekend. Mattoon, HI., and Miss Ruth Mogg of Charleston, 111., were guests of Miss Rennel's cousin and family, Mr. and Mrs. Car roll Watson, of Shady Cove recently. Dinner . guests ' of the Car roll Watsons Friday evening were Mr. and Mrs. Marc Le Due and daughter, Frances, of Beverly Hills, Calif. Le Due is a research chemist em ployed by the county of Los Angeles in smog. control pre vention. Sheri Watson return ed with the Le Dues to spend the weekend with them 1 at their cabin at Union creek and then Frances Le Due is visiting Sheri. Miss Rosalie Rennels of I Mrs. Verna Graham of Mc- Minnville was an overnight guest last week of Mr. and Mrs. Carroll Watson. She also visited Mr. and Mrs. Jim Cas sel of Trail. The new rate issued by the Oregon Insurance Rating bu reau is now 9, which is lower than the previous rate for this area. Mrs. Paul Snook of Shady Cove was hostess Friday for a surprise potluck luncheon honoring Mrs. Isabelle Scott, mother of Mrs. Kenneth Ham mons who is spending the sum mer visiting her daughter, Mrs. Scott's home is in Phila delphia. Guests were neigh bors of the Hammons on the MAIL TRIBUNE, Medford, Or. 1 1 Wednesday, Aug. 12, 1959 1J River rd. Mrs. Franklin Flink;" Mrs. Mike Wood and children, Mike and Patty, and Mrs. DicK Pfeifer. Larry Sanderson is still con fined to Sacred Heart hospital suffering from injuries re ceived in a car accident recent ly. He is expected to remain in the hospital about two weeks. - Mr. and Mrs. Jerry Symens and daughter have moved to Medford so Jerry will be abler to attend night school this coming year. Jerry is the son of Mrs. John Dickenson of Shady Cove. ; Mrs. Virginia Culbertson of Eugene and her sister-in-law, Mrs. Harvey Culbertson, of Walnut Creek, Calif., spent a few days in Shady Cove. Mr. and Mrs. Nevin Jensen and children, Nevin Jr., Di ane and Marcia, of Los An geles, are visiting Mr. and Mrs. Athel Dudley of Shady Cove. Mrs. Oscar Hanson and son, Leonard Hason and Mrs. Han son's sister, Mrs. Morris Bush, of Elk creek went on a fish ing trip to Dead Horse and Campbell lakes recently. Another sister, Mrs. E. G. Childers, of Klamath Falls met them at the lakes. Mr. and Mrs. William Schulz of Shady Cove were hosts at their home Saturday night for a potluck dinner and pinochle party. Guests were Mrs. Miles Williams, Mr. and Mrs. Ed Strother, Mr. and Mrs. Paul Bauer, Dr. and Mrs. Verne Wilson, and Mr. and Mrs. Richard Bartuss. Mr. and Mrs. Jack Williams and daughter, Caroline, of Shatter, Calif., and Mr. and Mrs. Bob Williams and chil dren, Miles Jr., and Judy, have been visiting Jack and Bob's parents,. Mr. and Mrs Miles Williams,, of Shady Cove. Mr. and Mrs. H. G. Bres slar, recent newcomers, have had several guests. They in clude Mr. and Mrs. A. F. Schuller of Colfax, Calif., Mrs. Bressler's brother-in-law and sister, Mr. and Mrs. Emory Robertson of Colfax, Calif ., and Mr. and Mrs. L. J, Kimberlin of Chicago Park, Calif. Mr. and Mrs. Athel Dudley of Shadv Cove have returned from a vacation trip during which they visited Mr. and Mrs. E. L. Horner of Emmets burg, Iowa. They met at Bear lake, Utah. Mrs. Ivan Sneed and grand daughter, Penny Fry, of Trail, have returned from a vaca tion trip to Warrenton, Ore., where they visited Mrs. Sneed's son and daughter-in- law, Mr. and Mrs. Earl Fry, On their way home, they stop ped in Portland where they visited Mr. and Mrs. Edward Knuger. Mrs. Cecil Kee and daugh ter, Cecelia, and Mrs. Ivan Hale and children, Carol and Kevin, recently went on a trip into Washington. Mrs. Kee and Cecelia visited Mr. and Mrs. Larry Kee in Seattle and Mrs. Hale and children, visit ed Mrs. Hale's brother and sister-inlaw, and Mrs. Thom as Cunningham in Tacoma. Mr. and Mrs. Everett Ack ley and children, Daryl and Duane, San Joe, have been visiting Mr. and Mrs. Bob Vin cent of Shady, Cove. Newcomers to Shady Cove "The Magic of Making People Like You" by Mrs. Dale Carnegie The work of the "How to Win Friends and Influence People" man is being carried on by his -widow, Mrs. Dale Carnegie. She offers several rules for making peo ple like you and explains how and why they work in the August 16 "ly Weelcljr With Your MEDFORD MAIL TRIBUNE Family I lltREl i CLOSED EVERY WEDNESDAY AFTERNOON MIRRO-MATIC Pressure Pan Here's a budget helper made for high-priced times like these! Cooks less-costly meats tasty and tender in no time at alL Saves food cost, fuel, and time. Lets you do canning when prices are cheapest It's all but wasteful to be without a MIRRO-MATIC these days! 4-qt. Family Size Model 394M; Reg. $14.95 i SPECIAL $lfV8: LIMITED TIME IU Yog can hear the exclusive, sUctnr pressure control as ff prevents pres sure from going higher than recipe requires 5. 10. or 15 lbs. II Model S-t Only SPACE PROBLEMS? Solve them with a COSCff UTILITY CART e Here's a mobile work center that pro vides ample storage space for bulkiest kitchen appliances. An ideal serving cart as well. 29 3" high; top and shelves, 16H" x 23. with tough, baked-on enamel fin ish in choice of colors. Chro- I4.95 .-de. Be Sure to See the Same Style Table but with Two Shelves at the Special Price of Only . . $g95 PACKING NEEDLES Hubbard Bros, offer a choice of Coopers single or double point Fruit Wrap Holders (Packing Needles). n.50 6r1.80 Extra Points for Packing Needles 15c Dozen Your brightest decorating idea! 1959 Oakland Wood CIRCULATING HEATERS Are Now In Stock! Buy on Layaway Save Carrying Charges-. Have your stove all or mostly paid for when you need it. 3 Models to Choose From 33 Sweep it clean... sweep if green WITH A LAWN SWEEPER Keeps your lawn presentable Spring, Summer, and Fall. Sweeps leaves, sticks, stones, heavy cut grass and garden trash. Conditions the turf, helps ' control weeds. Galvanized 16 Quart PICKING PAILS Sides are firm to re duce bruising fruit $225 Special Prices in Dozen Lots m ihiijuwim"! 1 11 I '.f'i The Original Self Cooling LINEN WATER BAG 2 Gal. Size Regular 2 Gal. Size Deluxe $J55 $65 gallon $UPERKEM-T0NE latex wall paint goes ' on easily with, brush or roller guaranteed washablt when thoroughly dry ' or your money back one gallon is plenty for your average-size room One coat will usually do! dries in less than an hour to a smooth, but tough finish colors colors colors .-irsj how beautiful they tXTRA TOUCHES OF BIAUTY:" for the ceiling... SUPER KEM-TONE CEILINO. FLAT WHITE for woodwork in matching colors.. KEM-GL0 mirotle olkyd entmitl $2.90 Qt. -V flKEMi 20 In. Model 38.95 TIE OUT CHAINS 20 and 30 foot Tie Out Chains for animals. Snaps on both ends and swivel in the middle. Non kinking chain. 1.98 and $2.69 WINDOW GLASS Window Glass in sizes up to 24"x36" we cut glass to size and do it immediately. , JACOBSEN ENGINE OIL Vi Pint Cans of Special 2 Cycle Engine Oil 14 Pint to gallon of regular gas is standard mixture for 2 cycle lawn mowers. 20' Can Stove Parts Hubbard Bros, will gladly order stove parts for any Wood or Coal Stove which can be identified as to manufacturer and model number. Don't wait till cold weather comes order now and have the parts when cold weather comes. Horse Shoes Hubbard Bros, stock horse shoes In sizes from 00 to 7. Most sizes There's a choice of steel plates or, cold working iron shoes. BROSmIRIC. Free Delivery Within Medford City Limits $1.00 or Morel MAIN AND RIVERSIDE PHONE SP 2-6189 MEDFORD, OREGON .isssssssTssssSTeV 1 "4V .ifissssTsTsTsTsTeT--' I mam, 'X. Ief ; X.