Medford mail tribune. (Medford, Or.) 1909-1989, January 11, 1960, Image 3

Historic Oregon Newspapers

Medford mail tribune., January 11, 1960, Image 3

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Newspaper Page TextIndustrial Stocks Set Record; Railroad Issues Make Gains New York - (UPD - Indus trial stocks set a new record high on January 5 and then ran into selling which left them lower on the week. Railroad issues made a sub stantial gain. The market's action re flected settlement of the steel wage dispute which was re garded as inflationary and the President's State of the Union message which was regarded ss deflationary. . In addition to this set of contradictions, the financial district looked for a series of higher money rates after lead ing banks raised their charge on loans to brokers backed by market collateral. That, too, was a contradiction against the idea that the President's message was deflationary. In deflation, money rates would ease. Confusion at First Anyhow, there was confur sion, and the market opera tors appeared to interpret things bearishly pending clar ification of the situation. They did a fairly large volume of business and late in the week a steadier tone was apparent in the general list. Trading increased over re cent sessions with the total for the week at 18,027,086 shares, a daily average of 3, 605,417 shares. This was the best since the week ending Dec. 4 when volume was 18, 033,375 shares and daily sales averaged 3,606,675 shares. A year ago, volume was 20, 837,601 shares or a daily av erage of 4,167.520 shares. Industrials Off For Week At the close of the week, the Dow-Jones Industrial av erage stood at 675.73, off 3.63 from the previous week which marked the last session of 1959. At the week's high, set on Tuesday the average closed at 685.47, a new record. It set a record intra-day high at 688.21 on Monday but the market turned about that day and closed lower. The rail average closed the week at 158.10, a rise of 4.05 points; utility 87.69. off 0.14; and 65 stocks 219.86 up 0.34. J. C. Penney and General Time split their stocks. Divi dend increases were fewer in Quotes From the News By UNITED PKESS INTERNATIONAL Washington-The National Geographic Society, noting that a recent quarrel between two chieftains on Formosa's once wild eastern frontier shows civilization is advancing there: "Instead of reverting lo the decapitation of each other and their hapless subjecls-the two rivals held press confer ences to air their differences." Berlin-West Berlin student Klaus Grabert, after watching a French-made film on Nazi concentration camps: "Now I know why our parents and teachers always tell us about the 'gay 20s' but never about the horrific 30s." Fairbanks, Alaska-Air Force Capt. William A. Culling, reporting that morale is good among 20 men at the scientific station on the disintegrating ice floe Charlie: "Everyone seems unconcerned." Washingto n-Sen. Hubert Humphrey (D-Minn.) stating that he considers the Wisconsin primary important in his bid for the Democratic national nomination: "If I don't win in Wisconsin, then in the slogan of the current administration I'll have to make an agonizing reappraisal." line with the usual procedure. Standard & Poor's looked for highly promising dividend ac tions in 1960. That firm looks for a rise of 15 per cent to a new top in corporate prof its, providing a proper back ground for further boosts in aggregate dividend payments. Except for the Tuesday ses sion when the industrial av erage rose more than 6 points, the market paid little atten tion to many favorable items in the business news. Automobile output set a new three-year high. Steel op erations were around their best in history. Electronics Hit Hard The electronics issues bore the brunt of the decline with losses ranging to 12V points in Texas Instruments. Collins Radio lost 64, Motorola IVz, and Ampex 43b points. American led the autos with a gain of 6H points. Ford eased while the others registered small gains. Mack Trucks rose nearly 3. In the oils Texas Gulf Producing gained 3Vi, while Shell Oil lost 434. Steels showed little change among the leaders. Armco lost 4. Coppers ruled higher with Kennecott up nearly 4 on anticipation of an early settlement of copper la bor troubles. Aluminums eased with steel back in full production. Railroads Gain Railroad issues closed the week with net gains running to more than 2 points in Bal timore and Ohio. Du Pont scored a small gain in the chemicals. Monsanto lost 4Vs points. Polaroid fell 83,i and Eastman 2V2 in the cameras. Minnesota Mining was down IOV2 in the specials. Carter Products lost 7V4 in the drugs. Hupp led in volume with sales of 585,600 shares and rose 2V4 points. Foster Whit ney, second gained 1. Amer ican Motors and General Mo tors were in third and fourth places respectively followed by Brunswick Balke which rose 6 points. Iverson Named To Committee Lowell A. Iverson, 19 North Orange st., Medf ord, has been named chairman of the case finding committee of the Jack son County Tuberculosis and Health association, according to H. P. Jewett, Central Point, association president. Iverson replaces Mrs. Jack Walker, who has held the po sition for the past several years. Work of the case finding committee- is to locate un known tubercular infections before germs become wide spread and while still curable. To do this, the committee and the association operate a chest x-ray clinic at Sacred Heart hospital each Thursday after noon. The committee also is in terested in locating lung can cer and other chest condi tions. Both Mr. and Mrs. Iverson have been active in associa tion work during the past two years. Other members of the case finding committee include Mrs. Walker, Mrs. R. B. Knight, Miss Lotus Eaton, Mrs. Chester Guches, Mrs. Ivan C. Burton and Mrs. Law rence Tweedy, executive sec retary of the association. Members of the Providence Guild of Sacred Heart hos pital provide volunteer help at the clinic and members of the medical advisory com mittee include Dr. Earl Law son and Dr. C. I. Drummond. A-TOO LATE TO CLASSIFY TOR SALE lt mortgage on 4 bdrm. house. 1 A. Will discount 15. TR 8-2242 after 6:30 pjn'. FOR TRADE 2-bdrm. suburban home. Will accept small SW Med ford home as down payment. SP 3-3995. FOR SALE 1951 Olds 98 converti ble. New top & complete motor overhaul. NO 4-3046. FOR SALE OR TRADE Equity in 2-bdrm. trailer for furniture or down payment on 2 or 3-bdrm. house. SP 2-7627. FOR SALE; Modern 2-bdrm.. ap prox. $3,000 equity. 4 loan. Or trade for larger home. 1041 W. 13th. WANTED Guns. SP 2-5101. Any condition. URBAN CENTER Winnipeg - About one-third of the population of Manitoba province in Canada resides in the city of Winnipeg. A-TOO LATE TO CLASSIFY FOR SALE. TRADE OR LEASE 3-bdrm. home. Wall to wall car pet. Baseboard elec. heat. Beau tiful yard. Barn & work shop. 1 A. irrig. ground. Close to school & store. Low down payment, good financing. SP 2-9833. FOR SALE 5-piece bdrm. set, .300 Savage rifle with 5 power scope. KE 5-2289. FOR LEASE with option to buy: 2-bdrm. house completely furn. Or will take 2-bdrm. house trail er as down payment. NO 4-9631 days or SP 3-5525 after 7 pjn., all day Sun. 2-BDRM. home with sewing rra. Near schools & store. $9,950. SP 3-4928. FOR SALE OR TRADE Large, modern duplex, 4-rms. & 6-rms. (or can be 3-bdrm. home). MUST BE MOVED. Forced air heat, 1 fireplace, hardwood floors, tile baths, many closets. 2-car ga rage with attic. Present income $160 mo. SP 2-9806 or SP 3-1929. FOR RENT 2-bdrm. unfurn house. Inquire 405 N. Central. Also house & store. 2101 W. Main. RESPONSIBLE party would like to borrow $4000 at 8 int. on modern 4-bdrm. home on 2 lots, city of Medford. Interested par ties write Tribune Box 1410. SALE OR TRADE "49 Chev. i T. pickup. New paint, 8-ply tires. Excellent condition. '56 GE auto, washer. S35. 628 N. Central. FOR SALE Good stock cows & calves, also heavy springers. Ph. SP 2-5475. FOR RENT 2-bdrm. house., un furn. Adults, $60. SP 2-6497 or MU 5-8561. NOTICE Tree Topping & Fruit Tree Pruning of All Kind WITHROW SP 2-5376 PAX CRABGRASS CONTROL ap plied now will eliminate ugly crabgrass next Summer. Mon arch Seed & Feed Co. Both Stores. BAT GUANO. Special Price while stocks last. 3 lb. Can. Regular $1.98 Special $1.29. Monarch Seed & Feed Co.BothStores. TIME TO APPLY Soil Sterilants. Get it from the Monarch Seed & Feed Co. Both Stores. KITTY LITTER. Your Kitty will love it. So will you. Monarch Seed and Feed Co. Both Stores. POP CORN, White and Yellow Hull-less. The best there is. New low price. Monarch Seed & Feed Co. Both Stores. BLOX BLOX BLOX 2-foot and under Big double or single loads S&H green stamps MEDFORD FUEL Tel. SP2-2111 MORTON S SMOKE SALT, Tender Quick, Sausage Seasoning, Wright's Liquid Smoke. Monarch Seed & Feed Co. Both Stores. BUNDLES OF OLD NEWSPAPERS for sale 20c each Mail Tribune Office. 33 N. Fir PEONY ROOTS, Rubrum and Au ratum Lily bulbs, Rose bushes available at the Monarch Seed & Feed Co. Downtown Store. "OIL TO BURN" MOBILHEAT S&H Green Stamps, too. MEDFORD FUEL CO. Call SP 2-2111 Blessed event for budgets FORD'S EC0N0MYJWINS FOR I960 The Economy Choice of a lifetime -Two new Fords . . .Two new low-price fields . . . Two wonderful new ways to go'The Finest" MAIL TRIBUNE, Medford, Or. O Monday, Jan. 11, 1960 " 0 ... o - VJ ... .. " " i front fed c- . : . tut 500 a0 FORD pricey- ar most car P a d. economT most " , economy -;rt the Tord ec - ,w cCOTlom, -.iron. j fnV new aVl-a falcon on for relatively placed 'can even save U dollars). Yo" insUrance. American compact for ,nd thorough re-t - car tnai- . .. i.est- A thoroufcu'J r . s Here 'r . menca . t,uiu - ,.n2 neeo. . With e t le. car." It American dn loffiage and priced S PU than oth STpeifort8" c A It goes UP l . cerviang 1 nil 6l"na y Band " " W ie.Il".Tt car per i roericanr- built fr e 500 bring Y0U . rirlatie 3"" j rnin- luxury an- fort, yet it otter. and ,t ?oUr nues I tef aJuble-life alum1- ing hors as oa changes. do dn0 more ord Deal ...A mUttie1' . too, . V7 .AMMi. m 1 ike the rai - 7MtrJ'' ' taxing- w 0(V,sl0N. Economy choice of a lifetime in the wonderful New World of '60 A WONDERFUL NEW WORLD OF FORDS FOR S0 M TOW STMT1MC.- TYi nMt tmm l( kmc TMulm H NtC-1 FORD FALCON Th Nw-tz Ford THUNDERBIRD Th WorkfM Me WH4 Cf A-TOO LATE TO CLASSIFY FOR SALE Nice 2-bdrm. house with rental, both completely . furn. Close in. S1500 down, bal ance $9500. SP 3-5013. BIRDS GET HUNGRY too. Get feed for them from the Monarch Seed tt. Feed Co. BIRD FEEDERS TOO. WILL purchase contracts and mortgages, write Mail Tribune Box 1220. LEGAL NOTICES NOTICE TO CREDITORS Notice is hereby given that I have been appointed by the Circuit Court of the State of Oregon for Jackson Countv. Administratrix of the Estate of Jack Weisenburger. de ceased, ana nave qualified. All per sons having claims against the es tate of said decedent are hereby notified to present them, with proper vouchprs. duly verified, to me at the office of Skyrman & lieisei. attorneys for said Admin istratrix, at Room 321 Medical Center Building, in Medford. Ore gon, within six months from the date of this notice. Dated and first published De cember 28, 1959. SHIRLEY MAE WEISENBURGER Administratrix. Skyrman & Heisel Attorneys for Administratrix. No. 10681 NOTICE TO CREDITORS In the Circuit Court of the State of Oregon, for Jackson County Probate Department. In the matter of the Estato of George A. Lewis, deceased. Notice is hereby given that the undersigned has been, by the above entitled court, appointed Adminis tratrix of the estate of George A. Lewis, deceased and that all parties having any claims against the estate are to present them, with vouchers attached and verified, to the Ad ministratrix at the office of Chas. W. Reames. lawyer for said estate at his office in the Medical Center Building, Medford, Oregon, within six months from the date hereof. Dated this 21st day of December 1959. Leila W. Lewis Administratrix of the estate of George A. Lewis NOTICE OF FINAL HEARING PROBATE NO. 10390 IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR JACK SON COUNTY IN THE MATTER OF THE ESTATE OF ROY ASHPOLE, also known as William Roy Ashpole, De ceased Notice is hereby given that Donna Ashpole. executrix of the above estate, has filed in the above entitled Court and cause her Final Account and Report and said Court has fixed January 25, 1960 at the hour of 9:00 o'clock a.m. In the Court Room of said Court at the Court House In Medford. Oregon as the time and place for hearing ob jections thereto and for the settle ment thereof. Dated this 21st day of December, 1959. Donna Ashpole Executrix FARRELL & BLACKHURST Attorneys for Executrix NOTICE OF HEARING ON FINAL ACCOUNT IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR JACK SON COUNTY PROBATE DEPARTMENT In the Matter of the Estate of Thomas H. Emmens. deceased. NOTICE is hereby given that the undersigned has filed her Final Account and Report in the above entitled estate, and that by Order of the Circuit Court in and for Jackson County, Oregon, Probate Department, a hearing upon the same has been set for Wednesday, January 20th, 1960. in the Circuit Court Room at the Court House in Medford, Jackson County, Oregon, at the hour of 9:30 o'clock, A.M. All persons having objections thereto are hereby notified to pre sent the same on or before such time. Dated this 21st day of December, 1959. Una B. Inch Administartrix. with the Will Annexed de bonis non Roberts, Kellington & BrancMield Attorneys for Estate SUMMONS No. 59-885-E IN THE CIRCUIT COURT OF THE STATE U UKtljUIM IUK j MEDFORD CORPORATION, a Del aware corporation. Plaintiff, VS. ! ERNEST E. HART, INCORPOR ATED, an Iowa corporation, and also all other persons or parties unknown claiming any right, title, estate, lien or interest in the real property described in the complaint on file herein, Defendants. TO: Ernest E. Hart. Incorporated, an Iowa corporation, and also all other persons or parties unknown claiming any ngnt, xiue, estate, lien or interest in the real prop erty described In the complaint on "file herein. IN THE NAME OF THE STATE OF OREGON: You and each of you are hereby required to appear and answer the complaint filed against you in the above entitled suit on or before the last day of four weeks from the date of the first publica tion of this summons, and. if you fail so to appear and answer said complaint for want thereof, the plaintff will apply to the court for the relief demanded in said com plaint, succinctly stated as follows, to-wit: That each defendant herein be required to fully set forth any and all right, title, estate, lien, claim or interest whatsoever that they or any of them may have or claim in, to. or upon the property described in the com plaint herein.or any part or par cel thereof, the said real property is situated In Jackson County. Oregon, and more particularly described as follows, to-wit: The southwest quarter of the northwest quarter, section 10, township 35 south, range 2 east of the Willamette Meridian, Jackson County. Oregon. That each and all of the claims that mav be made on the part of any or all of said defendants here in, in or to saia real properxy Here in described, or any part thereof, be adjudged and declared to be null and void, and that plaintiff herein be decreed to be the owner in fee simple of said real property. free and clear of all ngnt, or ciaim whatsoever on the part of said de fendants, or any of them; that each and all of the defendants herein, and each and all of the persons rlnimin. or to claim, by. through or under tnem, or any oi mem, dc forever enjoined, restrained and barred from asserting, attempting to establish, or claiming any right, title, estate, lien or interest what soever in, to, or upon said real Sroperty, or any part or parcel lereof, and that the plaintiff's title to said property be forever quieted and set at rest and be adjudged and decreed to be su perior to that of the defendants or any of tnem. This summons is puDiisnea oy nrHor f the Honorable James M. Main, Judge of the Circuit Court of the state ot uregon ior jicxsuo Countv duly made and entered on the 17th day of December, 1959. The time prescnoea in saia oraa for publication of this summons is once a week for four consecutive weeks. The day of the first publica tion of this summons is the 21st day of December. 1959. FROHNMAYER. LOWRY. HOGAN & DEATHERAGE Bv William V. Deatherag Attorneys for Plaintiff Post Office Address: 200 Coolev Theatre Building Medford. Oregon Hundreds of smart Sportswear items have been reduced again for Final Clearance ... all from our Nationally known lines so you can be assured of the finest in values ... all sales final during this sale .... ' S "BLOUSES" Macshore . . . Ma- sT CI Cl ies,ic and other "V II . . . values from 2.98 Mngora . Capris Anklets A99 1 1 49 "SKIRTS" V final clearance ... II ttf J plain wools .... I I I f I 3r smart tweeds ... I Collars - "9nrs 79 c .. l97 SWEATERS" f Joan Marie ... Won- nj demere . . . Jane Ir- ) I will . . . Lofties ... V I all reduced to clear. m V &w ) Sea rfs1'''' w00000' 99c CAR COATS V and Sports Jackets f Some of the finest fJT values on the sale . . . f Mfcy many at less than i Jf Jr half th oriainal Better Blouses Let's goto' y f Values to 9.98 fll CZS v Central (RATER LAKE MOTORS We Give GREEN STAMPS CENTRAL REXALL DRUG Main and Central Main and Fir Streets Medford