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. .
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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
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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
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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.
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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.
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