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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 10, 1960)
O o o FRIDAY, JUNE 10, 1960 MEDrOlD MAIL T1I1UHE. MED FORD, ORK TheyllJDo It Every Time By Jimmy Hatlo i P5 THERE'S THE PROPEVERVBODy WORKIN6 MERE IS nu oc.A CI6AROXTAIL IS I SECRETARY OF SOME LOD6E Tnr DM r'?5t'0L VS SENDING OUT THE STAMP MACHINE TAKES A W ?b7?-Ati GO 7 THE FAMILY ( WORSE BEATIN6 THAN MATILDA'S -7-4 0LPEClAL DELIVERY? U BILLS IN THE BONGO DRUMS TJ HERE HAVE A CIGAR.' COMPANY ' T" UH-DO YOU WANT ME ENVELOPES f ' N jf H TO PAY THE POSTAGE? f V AGAIN- f HE USED TO JIGGLE fiTpPii g'rl HEH-HEH ONE OR MONEY IN HIS POCKET.. DE A A TWO OF 'EM ARE 5;-- i BEAMEY THOUGHT HE '4rAi Km ) aX mail-room bovsi PlWll V I TO SEND OUT HIS gglgJP iHS PERSONAL MAIL-- Program Announced Expanded Summer The Medford parks and rec reation department, in cooper ation with the Medford school district, is offering as expand ed summer recreation pro gram in Medford parks and school playgrounds. The program will 'pclude games, sports, social activi ties, arts and crafts, music, drama, nature lore and special events. The 1960 program centers will be at Howard, Wilson, Jackson, Washington and Hoover schools and Haw thorne park. At each location there will be recreation lead ers who will organize and supervise all activities. At four of the program cen ters there will be both men and women instructors. The woman instructor will super vise the arts and crafts and the 5 to 8 year old age group. The man will supervise the baseball program and the older children. A complete list of the spec ial summer activities being offered was distributed by the school district and recreation department in the Medford public and parochial schools prior to dismissal of classes for the sumn.er. City Recreation Supervisor Ken Lyons is in rharge of the over-all program. Individual publicity will be given to specific events at the time they are offered. Additional information on the program as a whole or any part of it can be obtained by calling the parks and recre ation department in the city hall. Wa'er in Salem May Taste Funny Salcm-(IT1)-The secretary of the state sanitary authority testified Thursday that the proposed North Santiam pow er project of Consumers Pow er, Inc., Corvallis, could re sult in making the Salem city water supply taste funny un less proper water treatment facilities were provided. The Oregon Water Re sources board concluded a hearing here late Thursday on the application of consumers power for a preliminary permit. Fire Hils Dance Studio in Salem Salem - IUPII - The Salem branch of the Arthur Murray dance studios was hit by fire Thursday night and damage was estimated at $5,000. The firo, which apparently broke out in a reception room about 10:30 p.m., damaged that room, offices, a ball room, and other rooms. The intense -'CH rnu sic records, portable radios and shattered plate glass windows. Some Wall Street Experts Say ear Market Has Come To End By ELMER C. WALZER UPI Financial Editor New York -IUP1I- Some of the market men who on March 8 classified the market as a bear mar-! ket now be-j neve me ocar m a r k e t is over. They hold that while it lasted it was a short, fierce bear market and it hurt many of the Elmer Walzer old-line basic stocks most. Several leading market commentators are taking up the case for a market rise too. They look for the traditional summer rally in the market. The month of June usually is a standoff for the market as it prepares for its summer rise in July and August. Convincing Precedent This brings up the problem of whether the "summer" rise may be misplaced in the late spring. And if it is, the market men wonder if there'll be enough steam to keep it going in the summer. L. O. Hooper, analyst for W. E. Hutton & Co., notes there is quite a convincing precedent for a mid-summer rise. In the past 41 years, he notes, there has been a mid summer rise in the Dow-Jones industrials (average 13.3 per cent) in 37 years, and in the Dow-Jones rails (average 18 per cent) in 39 years. "The subsequent high," he says "has come as early as June 30 and as late as Sept. 30 but it has averaged Aug. 6 in the rails and Aug. 11 in the industrials; "In view of the indifferent behavior of the averages in recent months, the probability of a mid-summer rise in 1960 would seem to be higher than usual." Eldon A. Grimm, analyst for Walston & Co., finds sev eral reasons for expecting a rally in basic stocks over the coming months. In the first place, he be lieves the party in power with election five months away will do everything in its power to get the business cycle "rolling upward" again by late summer and autumn. Secondly, he says the gov- earns ;!s2t happens to paint AFTER you buy it? CARE because our reputation is at stake! Therefore.. .when you buy Sherwin Williams Paints EARTH crpi you will be sure to get. . . HELP IN SELECTING COLORS Consult our new Color Harmony Guide the easiest-to-use yet most authentic method of se lecting correct color harmonies ever devised. You may borrow a copy no charge! Then watch your color selections mixed on our new Kem COLORMETER ... a miracle in speed and accuracy in custom color-mixing. EXPERT ADVICE Our staff is trained in every phase of paint ap plication. No matter what kind of surface . . . inside or outside, or the present condition, we'll tell you how to prepare it and what kind of Sherwin-Williams paint to use. COMPLETE ONE-STOP SERVICE You can select everything you'll need for your painting, from start to finish. We have a full selection of top-quality brushes and rollers, plus a complete line of other painting accessories. One stop at our store, and you're ready to paint! ernment is likely to aid busi ness activity. He believes easier money will aid resi dential building and other lines of activity that were hurt by tight money. Lists Reasons "Many other things might be done too - such as lowered margin requirements for the purchase of securities, a drop in the prime interest rate, a considerable step -up in the awarding of defense con tracts, a move by Congress to hike defense spending by $2 billion or $3 billion," he says. He lists the world race with Russia as his third reason, and comments as follows on it: "Mr. K's speeches lately have been stormy and bom bastic. The struggle between Communism and the Free World has been intensified. We must make our defense forces, our civilian defense. our world leadership, and our scientific know-how superior to that of the Soviets. We just can't afford the luxury of old-fashioned recessions un less we want to risk the very existence of the U.S." He finds many old-fashion ed stocks quoted at recession levels and this is his fourth reason for anticipating a re covery. "A long list of stocks quoted at around recession levels," he says. Hence if the economy starts upward in earnest, there's plenty of room for gains in certain steels, rails, oils, motors, coppers, chemicals, aircrafti, papers, and other categories, it would appear. Good Yields Aitraelire "Furthermore, dozens of these issues.offer yield of 434 per cent, 5 per cent, 5'i per cent, 6 per cent, and even up to 7 per cent. With money easier, good yields are more attractive than formerly." Standard & Poor's injects a word of caution. Noting that the action of the stock list has been commendable in its persistent refusal to de cline, it adds that "sustained aggressive action may await signs of a business upturn." Strawberry Harvest Now in Full Swing Salem -HJPD- Continued fair weather put the 1960 straw berry harvest in the mid-Willamette valley into high gear today with one major proces sor reporting receipts 50 per cent over estimates so far. Expanding picking was re ported here and at Woodburn, Stayton and most other sec tions of this strawberry grow ing center. Guardsmen Start Two-Week Camp Portland -IUPU- Seven thou sand Oregon and Washington National Guardsmen of the 41st Infantry Division will converge on ton Lewis, Wash., Saturday for the Sun- set division's annual two- week summer camp. Oregon troops leave their home bases early Saturday morning to join advance de tails which departed Wednes day and Thursday to prepare the area. Governors of both states are expected for the annual Gov ernor's Day parade Saturday, June 18 at Gray Field. fflfe) Put Kw S 4 Mm on I 1 jAl SOLUABLE J l raSCS d ?T MmA JV SACCHARIN S "S " El Af& f&4 '000 SSil. 39c IODINE 15c -JllLfe llriJ (CTTq 4 oz. CALAMINE LOTION 15c U1" Lift Iq a, hi VftrblNP ft RflCFWATFR flQ 'MJQ sr"' ELECTRIC ' ySs f I WsQT 'ffAfl B y T"c"'n Non-Oscillating , h-f- Vferf Vt tnvksJH -00 8.inchf $fl49 Llfi Shove lotion mm 100 in.ini-h nunc t.tfPPTV' tmJfyW To Size 48 9353 36-48 Cool, slimming as a lettuce leaf - softly accented by scal loped collar and pockets! Ex tra-easy to sew in iron-free fabrics, you'll reach for this casual four days out of seven. Printed Pattern 9353: Wom en's Sizes ?6, 38, 40, 4Z, 44, 46, 48. Sizes 38 takes 3Ya yards 35-inch. Send THIRTY-FIVE CENTS (coins) for this pattern - add 10 cents for each pattern for first-class mailing. Send to Marian Martin, Medford Mail Tribune, Pattern Dept., 232 West 18th St., New York 11, N.Y. Print plainly NAME, ADDRESS with SIZE and STYLE NUMBER. JUST OUT! Big, new 1960 Spring and Summer Pattern Catalog In vivid, full -color. Over 100 smart styles ... all sizes ... all occasions. Send now! Only 25c. 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