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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 27, 1960)
SPORTS PETE ROZELLE NFL Commissioner NFL Picks Rozelle as Loop Head By NORMAN MILLER Miami Beach. Fla. - (UPD - Pete Rozelle. a 33-year-old Californian who was a pro tege of the late Bert Bell took over the office of Na tional Football league com missioner today to help put over George Halas' expansion program. Rozelle, youngest commis sioner in the 40-year history of the league, was elected Tuesday night as the surprise compromise choice of the hitherto sharply-divided own ers. Rozelle was given a three year contract at $50,000 an nually. The handsome, slender Ro zelle, who was installed by Bell as general manager of the Los Angeles Rams in 19o7 to straighten out a bitter stockholders' feud that had been brought to court, finally was elected on the 23rd ballot cast by the owners. To Talk Expansion Having disposed of one of the big problems which took them seven days to solve, the owners convene today with expansion the first order of business. Halas, who said he had the support of 10 other owners, made commitments several weeks ago for the NFL to ad mit Dallas and Minneapolis St. Paul next season. George Preston Marshall, stormy own er of the Washington Red skins, said he would oppose the move. Rozelle made it plain he was on the side of expansion. "I share the yiewpoint of all 12 NFL owners that ex pansion is essential," he said. "There may be a difference of opinion on the matter and the timing of expansion. Cites Interest In Game "But the popularity of the game and the medium of tele vision have promoted tremen dous interest in pro football," he added. "This is the top spectator sport in the coun try. Other cities want fran chises. The game must obvi ously expand." Rozelle said he would set up the league office at Bala Cynwyd, Pa., the Philadel phia suburb from where Bell operated. The new commis sioner said he planned event ually to transfer the office to New York. Immediately after electing Rozelle, the owners unani mously reelected Austin Gun sel, the popular 50-year-old former FBI man, as league treasurer. Ace Cager Accused of Scalping Atlanta-(UPD-A hearing on charges of ticket scalping against Georgia Tech's ace basketball forward Dave Den ton has been postponed until next Tuesday. Denton, 21-year-old fancy ball handler from Bowling Green, Ky., was arrested Mon day night just before the Tech- Kentucky game here when he tried to sell two S2 tickets to detectives for $20. He was originally sched uled to go on trial Tuesday but Municipal Judge James "Webb set the hearing date back a week after conferring with one of Denton's attor neys. Denton was nabbed along with six other persons, includ ing two other Tech students, by vice squad detectives and charged with disorderly con-duct- ticket scalping. He dressed for the game after his arrest and scored 18 points in Tech's 65-44 victory over Kentucky. Sox Skipper Tells Plans To Platoon Boston UPB Billy Jurges hopes to fill the "golden boy's" shoes by platooning several of his younger play ers in right field for the Bos ton Red Sox. "It's tough when you lose a guy like Jackie Jensen," the Red Sox manager said after hearing that the broad-shouldered outfielder had quit the team. "Sure, it hurts. But you've gotta figure there's al ways somebody to take his place." Jurges, who took over for Mike Higgins midway through last season, said he would try Gary Geiger, Marty Keough and rookie Lou Clin ton in right this season. "I'm going to have Gene Stephens in center and of course Ted Williams in left," he said. That still left several ques tions unanswered. Williams won't be able to play regular ly if he decides to play at all. Ted has hinted in the past he may call it quits in spring training it he finds his ail ing neck too bothersome to continue playing. In addition, the Red Sox have Jim Busby, Bobby Thomson and rookie Jerry Walcott to experiment with in the outfield. None, how ever, are considered talented enough to hold a regular job. Shue's Gifters Helping Pistons United Press International Gene Shue's finest season at the foul line is helping the Detroit Pistons maintain their record of making every play off since entering the Nation al Basketball association. Shue, with the second best free throw average in the league, sank all 11 foul shots and totaled 31 points Tuesday night as the Pistons beat a rallying Syracuse team, 121 114. The New York Knicker bockers staged a fourth per iod uprising to surprise the St. Louis Hawks, 123-119, in the second game of a double header at Madison Square Garden. MOST COURAGEOUS Philadelphia -(UPD- Herb Score, the Cleveland south paw who overcame a serious injury and tnen braved a mental hazard on every pitch, was named the Most Cour ageous Athlete of the Year by the Philadelphia Sports Writ ers association. NEW PREP RECORD Burnsville, W. Va. (CFB A Burnsville High School basketball player is the proud holder today of a new national scholastic scoring record following a 135-point spree Tuesday night. Danny Healer, a six-foot senior, made the mark by dropping 53 of 70 field goal tries and 29 of 41 fouls in his team's 173-43 Yiciory oyer Widen High School. The previous record of 120 points was set in 1953 by Dick Bogen rife of Midway High in Se dalia'. Ohio. Will Mays Signs for Big Salary San Francisco -(UPD Maybe Jackie Jensen is finished with baseball but Willie Mays is sticking around. The San Francisco Giants signed their legendary center fielder to a one year contract Tuesday calling for approx imately $85,000 which made him the highest paid ballplay er in existence. The club did not disclose the terms but President Horace Stoneham said that estimators who talked in terms of eighty-five grand "would be around the right figure." This amounted to a $5,000 boost over last season when Mays appeared in 151 games, batted .313, smashed 34 home runs for an all-time club rec ord and stole 27 bases to lead the National League for the fourth straight year. Kayo Experts On Fight Card Chicago-(UPD-Two knockout experts, middleweight Henry Hank and light heavyweight Jesse Bowdry, match punches on TV tonight, but despite the bombs they throw, both could stay to the finish. Hank, the 5th ranked mid dleweight, has knocked out 27 of his 50 opponents, and never has been knocked out himself. Bowdry, 8th ranked light heavyweight, has knocked out 22 of his 31 foes and has been knocked out three times. TO HEAD DODGERS Los Angeles -(UPD- Los An geles pitching heroes Larry Sherry and Roger Craig will head a Dodger contingent against, the Major -Minor League All-Stars at Wrigley Field Feb. 7. Chiefs Win 106-81 Over Creighton By United Press International West Coast fans who are tired of the low-scoring bas ketball - which most of the area's teams feature need only turn to Seattle. Win-or-lose, the Chieftains generally send the score-keepers to the adding machines, and Tuesday night was no ex ception as they roared to a 106-81 victory over visiting Creighton. Don "Ox" Ogorek, always a big scorer, had an especially fine night with a 26-point second half and a total of 41 markers. Dick Harvey had 23 for the losers. In other action Whittier dumped Cal Tech, 60-46 to move into second place in the Southern California In tercollegiate Athletic con ference. Herm Mason scored 24 points and cracked a school record when he hauled down 31 rebounds. Wall Street Chatter New York-(UPD-Widespread warnings of stock market trouble later has provoked a prompt and sharper-than-ex-pected price correction, ac cording to Prentice-Hall. But all this, it notes, could have the effect of smoothing out future price fluctuations by: Preventing a too rapid spurt to new highs. And forestalling a very sharp reaction after the too rapid advance. However, until the techni cal clues supporting this com forting theory are more evi dent, it's advisable to con tinue a cautious, conservative investment policy, Prentice Hall points out in its weekly report on business. Bache & Co. is impressed with the manner in which both Schering and Beckman instruments have resisted the depressing forces. "Should these issues continue to fight the trend, we would expect them to be among the leaders when a rally develops." GRANTED LEAVE Winston-Salem, N..C. (UPD William H. Neal, 63, senior vice president of the Wacho via Bank and Trust Co., was granted a year's leave Tues day to become national di rector of the U.S. savings bond division of the Treasury Department. Investment Companies Eyed To See What Exoerts Buv. Sell By ELMER C. WALZER UPI Financial Editor New York (UPD Investors always like to scan the port folios of the investment com panies to see what stocks the experts buy and sell. The mutual funds maintain Horse Treads Water Two Days Miami -(UPD- The whole neighborhood joined the search last Sunday when three horses and two goats wan dered away from the home of Wayne R. Hart. Two of the horses and the goats were quickly rounded up. Only Big Boy, a 10-year-old brown gelding, was miss ing. Tuesday afternoon, county road department workers James Wallace and Joe Zin kus happened by a 12-foot-deep, water -filled rockpit about three blocks from the Hart home. They spotted something moving in the wa ter. It was Big Boy. The horse apparently had been treading water in the rockpit for near ly two full days. A call for help brought Hu mane Society Employees Fors man Anderson and Frank Blair with a horse trailer, ropes and pulleys. For more than an hour, they dived into the dirty water trying to fasten a make shift lifting harness under Big Boy. The exhausted ani mal finally was pulled to safety. Mrs. Hart was near tears as she wrapped blankets around Big Boy while the horse lay on the ground. In a few moments, Big Boy jumped to his feet and took a tuft of grass from one of the rescuers. A veterinar ian said the horse would recover. big research organizations to keep their portfolios under careful scrutiny at all times. They release lists of their stocks but seldom tabulate them so that the investor can see just how the changes take place. Distributors group has done just that with its common stock fund, a $67,582,000 mu tual fund and largest of its family for 20 funds. The tabulation lists the holdings in percentages of the fund at the end of each year from 1954 to 1959, inclusive, to demonstrate what Herbert R. Anderson, ' president of group securities, calls the con cept of continuous supervision - "the very heart of a mutual fund." During the six years under study, the common stock fund has held 192 issues. At the end of 1959, the number was at 86 and of that total only 23 had been held through all six year-ends. Oils and utilities form an interesting contrast. At the end of 1954, the tabulation showed the fund had 6.51 per cent of its assets in petroleum and 3.12 per cent in utilities. Oils were reduced to 2.23 per cent by the end of 1957, but recent buying brought the figure to 7.22 per cent at the end of last year. Utilities were increased to 15.31 per cent at the end of 1957, but by the end of 1959, they had been cut back to 3.01 per cent. There were shifts away from banking and finance, food, natural gas, tobacco, as well as utilities. Increases were shown at the end of 1959 in automotive, machinery, mining, petrole um, railroad equipment, tex tile and variety chain. Small reductions appeared in agricultural equipment and building. Small increases ap peared in chemicals , a n d drugs, containers, department stores and steels. No aviation stocks were held since 1956 and no invest ment was made in electronics either at the 1958 or 1959 year-ends. The fund missed the wide moves of some of the elec tronics. It never had any of the 1959 favorites in this group - at least they weren't carried at the end of that year. Sound Investments Anderson said that the trends toward rails, oils, autos, and rail equipments at MAIL TRIBUNE, Medford, Or. the end of 1959 were not ac companied by any weakening of quality, since the fund in vests only in dividend payers of investment quality. He said that all but two of the 86 is sues held are considered eligi ble for purchase by New York State savings banks for then own account. The rise in holdings of rail road issues reflects the Wall Street opinion that given free dom from serious labor trou bles the rails should make a much better showing this year than last when the steel strike hit them hard. Not long ago, the oils were being sold by some of the Wednesday, Jan. 27, 1960 funds. At the end of 1959, the common stock fund had 7.22 per cent of its assets in oils, against 1.99 per cent in 1958. The latter showed the cut that had been made in this group from 1955 when the oils made up 10.38 per cent of the port folio. The fund held only one steel in 1959 and that made up a mere 0.89 per cent of its holdings of stocks. In 1957 and 1958 it held none. Back in 1954 the fund had 11-87 per cent of its assets in five steel company stocks. a drink is only as SURE as the whiskey that makes it $460 AQt. Code 265B w Pint Code 265C Confidence comes straight from the knowledge that the incomparable taste of 7 Crown never varies. The pleasure is in the trying. 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You can't beat the SALE PRICE being offered now. is HAPPY IIAPGO and the BARGAIN STORE For economy in both NEW or USED appliances you'll want to see HAPPY at the BARGAIN STORE-303 South Front. Convenient Terms SALE PRICE 518 88 ucuavcc nnnnn n n r RANGES Used Refrigerators $7770 YOUR CHOICE M m $50oo To $977 15-Cu. Ft. CROSLEY FREEZER Chest Type $13776 Now Only T 10 USED TV's Low low prices and you get 1 year warranty on picture tubes, plus a 30-day parts and labor warranty on entire set! These Were $97.70 $ 77 70 T USED AMANA FREEZER Upright sooeoo Now Only SEE RICK KEENER FOR THESE BARGAINS HEU SAVE YOU MONEY! m. i A Real WIFE SAVER I960 GE Range Saves time and work. It's roomy and auto matic ideal for to day's cook. SALE PRICE 199 95
