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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 2, 1959)
If'.. ' - o, q J! '"- f f I C 7 MMwiSff"&TWWgt"gi ; FLAMES SHOOT JJKYWARD Smoke and shaking roar and sent flames hundreds of flames shoot skyward from a burning gaso- feet into the air, threatening a huge area line storage tank at Charleston, S.C. The of storage tanks at the Gulf Oil and Esso- ; tank exploded Thursday-with an earth- Standard refineries. (UPI Telephoto) ML educecf Prom $289.95 :. : NOW ON SALB at $ (g)(6) : ' U (2)t2) O $5 Dowa-ie , LVj r aiuok door drying now and save during Other MgJeb Brio4 6rq 4lf 9.95 tool Fast, Rries ClMbs h 26-35 Motet -Safe as Sunshfo o with ExcIisi?o few tlayi c j ftyicj Pricciplo IMPOR IdttM for usaAwyi your Dryer Wringer MAYTAG HDYCD bonus Twin or Full Size . . Single or Double Control Choice of Colors . . . UL Approved Full 2-Year FREE Replacement Warranty . . . IT'S A BIG BONUS VALUE 9 Now for pennies a day you can put a new. low-cost, fast drying Maytag Halo-of-Heat dryer to work for you and end frozen clotheslines, base ment Jungle, lugging heavy wet waii and postponed washdays for Mtb ever. Start Exclusive Halo qf Heat principle ur ronnds clothes With gentle circle of heat ends overdrying and ho spots! . Fast dries clothes evenly, gently with steady, safe low tem peratures. it Qothes dry fluffy, wrinkle fee. Buy Your Maytag Dryer During This Sale and Get a Quality ELECTRIC BLANKET for MO 112 South Riverside O . 1 i enjoying automatic m- 3 temp push but tons: Air Fluff, Regu lar, and Wash 'n Wear. tA" Exclusiverevolving disc bit filter simple to clean. ' Gas or Electrie models. -ft Automatic Safety door. jAr A host of other Maytag quality features. RED CHINA SHOWS MIGHT To mark the parade in Tienanmen Square' in Peiping. 10th anniversary of the Communist regime Among notables in attendance were Red in Red China, a group of tanks join the China's Mao and Russia's Nikita Khrushchev. (UPI Telephoto) October Most Unpredictable Month To By ELMER C. WALZER UPI Financial Editor New York-IUPD-You ! never can guess in " advance what the stock market will do in October. ' . , .In the per iod from 1897 to 1957, the market gained as often as it d e c li n ed in October. Last year it gain ed substantial ly. The year before it set the year's low on Oct. 22 at 419.79, down just about 101 points from the high touched on July 2, 1957. , This year the market has two things in its favor: 1 . It has " been fairly thor oughly liquidated so that its technical position has im proved. 2. The prospects are that the steel strike will end soon by real argeement or by in junction. To those two can be added big things ahead of the three main props of the economy steel, auto, and construction. Steel Industry Will Roar The steel industry will roar LEGAL NOTICES NOTICE OF FINAL If CAKING , File No. 982S IN THE CIRCUIT COURT CtF THE - STATE OF OREGON FOR THE COUNTY OF JACKSON PROBATE DEPARTMENT In the Matter of the Estate of LEWIS A. BECK, also known as 1j. A. BECK. Deceased. The undersigned. Executrix of tne a Dove estate, has filed in the Circuit Court of Jackson County, Department of Probate, her Final Account in the above estate, and. said Court has fixed Wednesday the 4th day of November. 1959, at the hour of one-thirty (1:30) o'clock pan. in the Circuit Court Room in the Jackson County Court House at Medford, Oregon, as the time and place for the settlement of said estate. All persons interested in said estate are hereby notified and required to make and file their. objections to said Final Account. if any they have, on or before the time aforesaid fixed for the hear ing and settlement thereof. DATED and ,first published this 2nd day of October, 1959. Mildred L.. Owen Executrix. O. H.-Bengtson -Attorney for Executrix 230 West Main Street Medford, Oregon. - NOTICE TO CREDITORS IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR JACK . SON COUNTY PROXATX DE PARTMENT In the Matter of the Estate of . JAMES CARTER ADAM, De ceased. NOTICE IS HEREBY GIVEN that I," the undersigned, was appointed Administratrix of the above en titled estate by the above entitled Court on September 30. 1959, and have duly qualified as such Ad ministratrix. All persons having claims against said estate are here by notified to present the same with the proper vouchers st the office of my attorneys, DeForest Sc Hansen. ' 228 Franklin Building, Medford, Oregon, within . six months of the date of the first publication of this notice. Dated and first published this 2nd day of October, 1959. Evelyn X. Spears, Administratrix. DeForest & Hansen Attorneys for Administratrix 228 Franklin Building Medford, Oregon. 10-.2, 10-9, 10-18, 10-23. NOTICE In the Circuit Court of the- State of Oregon : for Jackson County In the Matter ! of the Estate f Gladys M. Holmes, deceased. Notice is hereby given that the undersigned has filed her Final Ac count in the above entitled matter, and the above entitled Court has fixed the 26th day of October, 1959. at 10:00 o'clock-A.M. in the Circuit Court Room in the Court House in Medford, Oregon, as the time and place for hearing objections to said Final Account and for the settle ment thereof. MARGUERITE H. BROPHY Administratrix Skvrman & Heisel Attorneys for Administratrix NOTICE OF SALE - No. 10589 IN THE CIRCUIT COURT OF THE . STATE OF OREGON, T OH JACKSON COUNTY -IN PROBATE In the Matter of the Estate of EMILY ' LOUISE CARPENTER, also known as Emma Lou Car penter. Deceased. NOTICE IS HEREBY - GIVEN that pursuant to an order made and entered in the above entitled Court and matter, the undersigned Administrator, on the 20th day of October, 1959, at the hour of 10:00 A.M. of said day. at the office of Kellv Kelly, Attorneys, No. 30 Gold'y Sldg., Medford. Oregon, shall proceed to selL at private sale, to the' highest bidder, for cash, or cash and . credit, the fol lowing described real property, b- 'ng and situate in the County of Jackson. State of Oregon, to-wit: Lot 21, Block 2, Fruitdale Ad dition to the City of Medford, ' Jackson County. Oregon: . B. L. HUNTER - Administrator Kelly c Kelly Attorneys for Aministrator 20 Goldy Bldg. Medford, Oregen Figure Stock Market when the strike is settled, say the experts, who judge the future by the orders on hand. The auto industry looks for one of its brightest years. Con struction is to set a new record no matter what happens to housing, says the experts. There are two things that modify the elation somewhat: 1. The steel strike has drag ged on so long that it is neces sary to modify somewhat the estimates of corporation earn ings for the fourth quarter. Market men believe they will not be as good as had been expected. - 2. Tight money holds and no letup seems in the offing. Here Wall Street wonders if politi cal considerations may not play a part in the new year -an election year of the first order. Time will tell. Standard & Poor's gives stockholders a bit of good news in its predictions on dividends. . Coed Hews for Stockholders - "Shareholders who are al ready being treated more lib erally than a year ago, can look forward to some excep tionally good dividend news as 1959 draws to a close," this agency holds. "The, final quarter always represents the most bountiful dividend season of the year. Many companies, in accord ance with established practice, will soon meet to take action not only on their regular divi dends for the fourth quarter but also 'on. year-end extras. "Because of these supple mental .payments, December has become the banner divi dend month, accounting for around 20 per cent of the an nual total. "Apart from this strong in fluence, directorates are. like ly to be more liberal with divi dends than they have been thus far this year." For the first eight months of 1959, Standard says, aggre gate cash dividend payments were three per cent higher than in the corresponding per iod of last year. ; Corporate Profits on Upsurge Standard estimates that corporate profits are in a strong upsurge and holds they will be up about 30 per cent to a new high. Cash flow of corporations has risen sharply. That is the total of net profits and amounts set aside for depreci ation and depletion. The de preciation figure of 30 cents for each dollar of net in 1948 is now up to. 82 cents. Standard notes that direct ors are strongly influenced by the cash flow in determining dividend policy. Payout of j cash earnings has averaged 30 per cent over the years, while the dividend payout from re ported profits has ranged from I ! TIRED ! OF BEING I TIRED? fill Bexel Special Formula Vitamin Insurance NowisJies Blood for Better Health Is ttnderMwisked blood due to ire deficiency causing your fatigue? Are you sure there are cnor.ffe vitamins and irea La yorr diet to kwure rich, red blood? Jtessel Special Formula is a real Uoed building supplement suaraatees tbs vitamin in surance yen need far better health! Oasts oofr day- Ifjnr tomhk itjutsttmaL, gone r dot ft fer mutt, m jm . rWi At Might Bd VUaaem. Fm& Far Emy Utabtr j Ysmt Family CENTRAL, POINT PHARMACY, U I. fie, CeatraJ Point HUDSON'S PHARMACY, 13 I. Man, Me&ord MEDFORD PHARMACY, 101 N. Central, MdW 35 per cent in 1948 to M per cent in 1958. On the basis of a payout of 30. per cent of cash earnings this year, Standard estimates the total should be around 313.5 billion, a rise of 9 per cent over 1958 and a new rec ord high. Wall Street Chatter . New York -IIM- Lost wages growing out of the steel strike may have a severe effect on the reception of the new autos -standard as well as the new "compact" models-notes Bus iness Reports Inc. Unitl recent weeks, the steel walkout was considered as just so much "good, -clean fun," an excuse for steel dis tributors to work off heavy in ventories, the firm says in its marketing letter. Apart form its impact on the auto industry, it points out, the strike also is causing serious setbacks in the service industries and in distribution businesses operating in strike affected areas. "We don't mean to cry " havoc . . . but we do feel the point of crisis is at hand." Spear A: Staff recommends Reynolds Metals on weakness for the long pull. The com pany, it notes, is strong com petitively, has . enhanced its earnings potential and has won a strong foothold in the expanding auto and European markets. Mountain Sheep Plans Modified Washington -C (UPD - Pacific Northwest Powder Company has modified its plan for a proposed ' high dam at the Mountain Sheep site on" the middle Snake river, an attor ney for the four-member firm said Thursday. -: Hugh Smith, the attorney, said an amendment was filed with the Federal Power Com mission which ' would - raise height of . the. proposed dam from 1,490 to 1,510 feet above sea level. The dam itself would be 690 feet high. ' The modification brings the dam more in conformity with the project, suggested by Army engineers. The sun always shines on North America. , When the sun is setting on Attu in the Aleutian Islands off the Alas kan coast, it is rising along the coastal areas of Maine. 1 BETTOi...i MefcfcSSQX Tijuana Holding Yamhill Escapees MCMINNVILLE -(UPD- Yam hill County Sheriff W. L. Mek kers said today that two coury ty jail escapees are being held by police in Tijuana, Mexico, and will be returned to Mc Minnville soon. The fugitives, Larry West Shipley, 18, McMinnville, and Dillon Bowers, 22, Portland, walked away from the jail Sept. 17. They. were trustees. Both men were convicted of burglaries in Yamhill county and were serving reduced sen tences of one year each. SAVE 51 HELENE CURTIS hair spray available in 3 types NORMAL, DRY, OILY PLANTER SPECIAL 2.98 kv GILLETTE K A Z 0 R with 9 settings. Travel case and 95 Blue Blades . ELECTRIC BLANKETS By NORTHERN ELECTRIC Full Double Bed Size Choice of Colors Two Year Guarantee SINGLE $15.95 CONTROL... TWIN BED SIZE HJw regularly ,ha,J NOW ONLY 1 I j j YOUR HEALTH COMES FIRST Prescriptions are always the first order of business at Western Thrift pharmacy. Al though we cater to" the .full drug store needs "of our cus tomers, the duty of filling pre scriptions promptly and with a true measure of professional skill is the most important service we render. Add Federal Excise Tax on Taxable Merchandise rV lXMSOFORDS O&tGNAL PRCE as Bly Man To Head State Beef Council Salem - (UPD - The new Ore gon Beef Council organized at a meeting here Thursday, electing Ted Hyde, Bly cattle man, as chairman. , j Leland Jacobsmuhlen, Cor-: nelius processor, was named.' vice chairman and Mrs. Caro lyn Magruder, Clatskanio, was elected secretary treaurer. She is the only woman on the council. The council will start a col lection of voluntary 10-cent-per-head contributions for the council about Nov. 1, Hyde said. SAVE 35c on purchase ot $1.60 size PRELL SHAMPOO 1 25 ONLY TROPIC-RIDE HAIR DRYERS Hot or $49S Cold Switch DUAL CONTROL. ... .... $15.95 ELECTRIC HEAT PAD By Northern Electric THREE SPEED J$ $2,851, Three Fixed Heabs $5.45 Infra Red HEAT LAMP 98c RAIN SLUSHERS PLASTIC BOOTS One Piece, Seamless, Fully Molded With Triple Thick Heary Duty Soles 1.49 pr. o MAIL TRIBUNE, Medford, Or. C Friday, Oct. 2, 159 J New YorlCity h-is 35,000 traffic crashes a year. CLtfGSTOri'S Metal Weather Stripping and Screen! Estimates Gladly Phone SP 3-1014 Evenings SILVER DOLLAR ,y c u q STAMPS TOO! -- up to 7 fiours of blessed comfort on fast one filling List Price $X95 Now $4.98 Non-Narcotic Antitussive THOREXIN Cough Medicine 4-oz.$f.25 -SI NEW By WHITEHALL (The Maker c-f Anacin) DRISTAN Symptomatic Relief Colds Hay Fever O Sinut Congestion 24 Tablets 98c VAC AG EN ORAL COLO VACCINE By Sharpe & Dohmo 20 Tablets $1.35 60 Tablets $3.37 100 Tablets .$5.40 Fret Delivery in Medford rmrira-s ill 30 CV77FRS) N. CENTRAL DIAL J i l I3 rv-. 5te