Industrial 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