SHADY COVE
Vacationers Listed
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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
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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
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to-
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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
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33
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JACOBSEN
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Vi Pint Cans of Special 2 Cycle Engine
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20' Can
Stove Parts
Hubbard Bros, will gladly order stove parts
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Hubbard Bros, stock horse shoes In
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