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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 10, 1960)
Two First Trips' Provide Stories from Mew Zealand Port Local Man Ice Breaker Into Antarctica Sea Herb Grey, advertising manager of the Mail Tribune, will be aboard the Navy ice breaker Glacier when it and the ice breaker Burton Island go into the Bellinghausen Sea in the Antarctica. The trip into the Belling hausen Sea, one of the last unexplored parts of the An tarctica, is being made under the direction of Rear Admiral David M. Tyree of the Naval Goldwafer Urges Truth About Party Vancouver, Wash.-IUPD-Sen. Barry Goldwater (R-Ariz.) Tuesday night told an audi ence of 600 Republicans to get out and tell the truth about the party to win in this year's elections. He said "the Democrats went on for 20 years telling lies about Herbert Hoover; we can go on and on telling the truth about 'Harry.' " Goldwater spoke at the Clark county Republican Lin coln day dinner. He noted the large turnout and said it and others snowed the real re vivial of the Republican party, "something we've need ed for a long time." Dallas High School Principal Stricken Dallas, Ore.-dJPD-The prin cipal of Dallas high school, Carl E. Morrison, was strick en suddenly Tuesday at a teachers' meeting and died. He was 65. Cause of death was not im mediately known. He was due to retire in June. Classes were called off and the Dallas-St. Helens basket ball game Tuesday night was cancelled. . Sawdust S&H GREEN STAMPS Medford Fuel Go. Tel. SP 2-21 11 Court & McAnd. 3 If it's madexwith Vodka ask for the oldest name in Vodka ... since 1721 MADE FROM GRAIN BY LRELSKY & CIE, HARTFORD. CONN. G DARRELL MILLER CO., 415' S. RIVERSIDE ! -sa nw oawts o'Uffi wsm . ctMX wo, oa os-wiiuj umm menus uu rut' wws mouoki thru fuui on us uwo- Aboard Going Support Force, assisted by Capt. Edwin A. McDonald, who was graduated from Med ford High school in 1929. It is part of the Navy's pro gram of continuing research and exploration of the An tarctica. Invited by Navy Grey was- invited on the trip in connection with the Navy's program of public re lations and a policy to take newspaper representatives on expeditions so they may ob serve first hand how the Navy operates. The trip into the Belling hausen Sea has been labeled one of "considerable historic importance" by the Welling ton, New Zealand, Evening Post, which carried an inter view story with Captain Mc Donald recently. Only one vessel has been in the Bellinghausen Sea, Cap tain McDonald said. That was a Norwegian ship, the Bel gica, which was chartered by a Belgian company in 1898. It was held in the sea's ice for about a year. Captain McDonald said there is a possibility of some difficulty gaining entrance to the sea, but with the assist ance of helicopters the Navy hopes to obtain scientific data. Get 'Very Difficult' He said the expedition is expected to be out of the sea by the end of March, because "by the end of March things can get very difficult down there." Prior to taking his present post, Captain McDonald com manded the Weddell Sea Task Group during Operation Deep Freeze II and III. He led the ice breaker Staten Island and the cargo ship Wyandot into the Weddell Sea to construct and commission the Interna tional Geophysical Year Ells worth station. During Operation Deep Freeze III, Captain McDonald was task group commnder of the ice breakers Westwind and Wyandot, during which time he made a preliminary investigation of the Belling hausen area. Bloody Mary rT ?i an oonnc mot ww nwwi. E3 (SO ABOARD ICE BREAKER-Milan Serkovich, Petone, New Zealand, left, is shown with a friend of his. Photographers Mate First Class Jerry Hughes, San Rafael, Calif., aboard the ice breaker Glacier in Welling ton, New Zealand. The Glacier was under Leading Colleges Continue to old Investments in By ELMER C. WALZER UPI Financial Editor New York - (UPD - Leading colleges at mid-1959 continued to hold their principal invest ments in com m o n stocks, according to a survey pub lish e d today by Boston Fund, a $220 million bal anced mutual i n v e s tment company. Elmer YValzer The Boston Fund's survey, a comprehen sive one, studied 68 college endowments with aggregate funds of nearly $4 billion. Of the holdings 56 per cent were in common stock, 30 per cent in bonds, 2.6 per cent in pre ferred stocks, 6.6 per cent in real estate and mortgages, and 3.2 per cent in other in vestments. Changes could have taken place since this survey since the colleges and universities constantly watch their invest ments and make changes on the order of investment com panies. Investment companies, ac cording to the latest informa tion on their operations, step ped up buying of common stocks in the fourth quarter, according to a survey of lead ing mutual funds made by A. Wilfred May, executive edi tor of the Commercial and Fi nancial Chronicle, and pub lished in the current issue. Standard Most Popular The Boston Fund survey, released by Henry T. Vance, president, found Standard Oil (N.J.), continuing as the most popular holding of the college i SEE YOUR LOCAL. AUTHORIZED OL.DSMOBIL.E QUALITY DEALER DURING endowment fund. Fifty-three colleges held $84.9 million of the issues. The other nine of the most popular ten in the college group were as follows in the order of dollar holdings: East man Kodak, Du Pont, Inter national Business Machines, General Electric, Texaco, Gen eral Motors Corp., Christiana Securities, Standard Oil of California, and American Telephone. As of the same date (June 30, 1959) the most popular holdings of 294 investment companies were: Internation al Business Machines Corp., U.S. Steel. Texaco, Goodyear, Standard Oil (N.J.), Du Pont, International Paper, General Motors, Republic Steel and Bethlehem Steel. During the fourth quarter, May lists the following as the most popular in purchase by the leading funds: Interna tional Nickel, Du Pont, Ford, General Motors, General Elec tric, and Royal Dutch. Most widely liquidated is sues by the trusts in the fourth quarter were American Airlines, General Telephone and Youngs town Sheet & Tube. Favored Groups Here is the way the experts operated in the fourth quar ter, according to May's sur vey: Favored groups were autos, banks, chemicals, elec tronics, glass, nickel, and pa per. Selling centered on agri cultural equipment, airline, steel, and most aluminums. The endowment funds in the Boston Fund study ranged from one of' $4.5 million to Harvard University's S602 million. Among the larger en- otmmuc as Houatr sranSEaw A Powerful Pleasure to Drive ... A Thrifty Pleasure to Own I Come on ... take tbe wheel of a new ddsmobfle! Surging power is yours for the asking ... and the new Regulab Rocket Engine saves money with lower-cost, regular gas. StaM o. a Dynamic M mM. going repairs in preparation for a trip to the Antarctica. Serkovich correspondns with a Medford girl, and plans to visit her here this spring. In the background is one of the Glacier's two helicopters. (U. S. Navy Photo) Stocks dowments after Harvard are those of Yale, University of Chicago, Massachusetts Insti tute of Technology, University of Rochester, Princeton, and University of California. Industrial stocks generally were favored by the colleges, and oils topped the list. The oil favorites in addition to Jersey .were Texaco and Cali fornia Standard. Utilities most favored by the colleges were Middle South, American Electric Power, Consumers Power, and Commonwealth Edison. First National City Bank of New York topped the banks; North American, the insur ance companies, and Union Pacific, and Sante Fe, the rails. May's survey found some of the mutual funds reappraising the oils after an earlier bear ish report. Texaco was the most popular oil. Standard Oil (N.J.) was sold on balance. Two trusts cleaned out their holdings of British Petroleum. Three sold their holdings of Superior Oil of California. Graham Lauds African Crowds Enugu, Nigeria - (UPD-Evan- gelist Billy Graham' told an ' enthusiastically a p p lauding j crowd at the last of his two ! Enugu meetings T u e s d a y j night that he would "never forget" the hospitality he has found in Africa on his current crusade. Graham spoke of the warmth of his reception in response to a gift of native cloth presented to him by members of the Eastern Wom en's Christian' Council. The presentation was made by Mrs. E. T. Dimeari, wife of the Anglican bishop for the Niger Dioceses, who told Graham that Africa's Chris tian women wished to show him by gift, as well as words, their gratitude for his efforts to build Christianity here. The evangelist, accepting the gift, wrapped himself in the cloth as he stood on the rostrum. He smiled broadly as the crowd cheered. . Graham told the meeting he had been especially im pressed by the children of Nigeria. He said they were among the best-behaved in the world. Today, Graham and his en- j tourage were traveling to Jos, 600 miles frou the Nigerian I ing Friday. Labor Committee Approves Sen. Morse Portland - (UPD - The execu tive committee of the Multno mah County Labor council has unanimously approved Sen. Wayne . Morse (D-6re.) for president.. The council Tuesday night approved Morse's candidacy and urged that friends and neighbors join in his . support and help circulate petitions to get his name on the May pri mary ballot. The days of the week are named after the sun and- the moon and five planets. 'Pen Pal' Letters Lead to Visit to Medford for Youth By HERB GREY Mail Tribune Advertising Manager Quite a lot of space was' given in New Zealand news papers to the Soviet ballistic rockets which landed a few days ago in the South Pacific between Hawaii and the Gil bert Islands. Cupid's dart, another ICBM of considerable power, was launched through the col umns of the Mail Tribune nearly two years ago and landed on another South Paci fic area-beautiful New Zea land. The success of that test firing was revealed here last week end. Here's the way it all hap pened: A couple of years ago, the USS St. Paul, an American naval cruiser, visited Welling ton's fine harbor at the south tip of the north island. A young sailor, whose name I was unable to learn, appar ently imbued with the old chamber of commerce spirit or ' a touch of homesickness, extolled the virtues of Med ford and the beauty of the Rogue River valley, with probable emphasis upon the lovely young ladies who cheer Medford's Black Tor nado to victory. Friend Listens His new found friend here in Wellington, Peter Cress well, listened and believed. More than that, he did some thing about it. He wrote to the Medford Mail Tribune asking that his appeal for pen pals be published. Romance is always news; the Mail Tribune acceded and results were astonishing. A flood of answers sped the air ways from youthful Medford misses to Peter Cresswell. Enough, in fact, that Peter passed them around to his friends in Hutt Valley High school and other sections of Wellington. Handsome, soft-spoken, 18- year-old Milan Serkovich was one of Peter's fortunate friends. This young man, who resides at 23 Aurora St., Petone, started writing to Donna Dell, 1121 West 10th st., Medford, two years ago. Boards Ice Breaker Sunday, he boarded the USS Glacier, ice breaker with the U.S. Naval Support Force 43, Antarctica, now in dry dock here in Wellington, to solid walnut comes to life in designs inspired by Dutch Colonial settlers visit two buddies, Photogra pher's 'Mate First Class Jerry Hughes of San Rafael, Calif., and Journalist Third Class Jim Gallo of Boston, Mass. When these two crew mem bers of the Glacier introduced Milan Serkovich to me, he was bubbling over for news of Medford. Proudly he showed a photo of Donna; her letters made a stack "so high," he said, indicating clearly that Donna Dell is truly a faithful pen pal. Next March, Milan will sail from New Zealand for San Francisco, arriving there about April 2. His next stop will be Medford, where he will be a guest at the Dell's home as a result of an invita tion from Donna's mother. I'm sure the Dell family will be impressed with this clean cut young New Zealander as was I. Milan's father came to New Zealand from Yugoslavia, which accounts for his name, and his mother is a native New Zealander. He attended Hutt Valley High school near Wellington, participating in swimming and football. His hobbies include stamp col 1 e c t i n g and photography. Working as a clerk here Milan has earned enough to pay for his 7,000 mile trip to thp United States-and Med ford. Operate Sno-Cals Jerry Hughes, one of Mi lan's friends with the Glacier crew, recently returned from McMurdo Sound and Little America, where he had an op portunity to operate Tucker Sno - Cats, manufactured in Medford. The USS Glacier will leave Wellington as soon as new propellers are installed and. after taking on a supply of high octane gasoline for her two helicopters at the port of Lyttleton, will head southeast for a rendezvous with anoth er U.S. ice breaker, the Bur ton Island. Then an attempt will be made to pierce the ice barrier in the Bellinghausen sea and establish a landing. If success' ful, this will be the first pen etration of that little known area of Antarctica. South African scientists are working on a polio vac cine that can be taken in pill form. The Sweetness of Low Price never Santa Fe Rail Strike Denied Phoenix-dTD - The grand chief of the Brotherhood of Locomotives Engineers denied the union will call a strike tonight against the Santa Fe railroad in three southwestern states. Guy L. Brown said work ers would stay on their jobs in California, Arizona and New Mexico past the 10:30 p.m. (p.s.t.) strike deadline to day, as long as Federal Medi ator Leverett Edwards is working on the dispute. Representatives of the un ion and railroad resumed ne gotiations Tuesday in Los An geles with Edwards sitting in on the talks centering on working conditions. About 500 to 700 engineers are in volved in the dispute. For Your VC Valentine Star Brite Accessories by PRINCESS GARDNER Golden motif enhanced with brilliants on Lustre Cowhide. A. "Continental" French Purse. 950 B. Cigarette Case 395t C. Eye Glass Case ........ 295t OTHER MATCHING PIECES, NOT SHOWN t . Registrar Billfold 5.00f; Key Card $2.95 ft Cigarette Lighter 92.50 f. Plmt Ui. f ryrriBOOKSGIFTSRECORDsT 1 s 6 Tradition-rich Dutch Colonial style adapted to satisfy contemporary needs Open Monday Nite till 9:00 220 N. BARTLETT Next to Greyhound Depot Phone SP 3-4394 equals the bitterness of poor quality MAIL TRIBUNE, Medford, Or. Wednesday, Feb. 10, 1960 Ullman To File Pendleton-aTD-Rep. Al Ull man (D-Ore.) has sent word here he is filing for reelect tion to Congress. Ullman, of Baker, first was elected in 1956 and was re elected two years ago. He is now a member of the House Interior and Insular Affairs committee. 4,000 Restaurants Prove it Every Day y Drexel
