Medford mail tribune. (Medford, Or.) 1909-1989, January 27, 1960, Image 9

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    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. One taste will make you sure.
say Seagrams and be Sure
BLENDED WHISKEY. 88 PROOF. 6555 6RAIN NEUTRAL SPiSiTS. SEAGRAM-DISTILLERS COMMJIV.ILr.e.
The English - speaking na
tions have adopted new values
in the measurement of the
yard and the pound. The
changes are minute and will
not affect ordinary business.
7A
Spacemaker
RANGE
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A feature packed 30"
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spills.
Reg $179.95
HOME APPLIANCE CO.'
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303 SO. FRONT ST. Ph. SP 2-5595
SALE PRICE
$
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13 Cu. Ft. Combination
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For economy in both NEW or
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SALE
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518
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ucuavcc nnnnn n n r RANGES
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