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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 21, 1960)
o 8 B. MEDFORD MAIL TRIBUNE. MEDFORD, ORE. Cigarette Smokers Said To Be Less Rigid Emotionally m By DELOS SMITH UPI ScUnc Editor New York - IUPI) - A new statistical check-up on a single phase of human behavior sug gests men who smoke cigar ettes are more , out-going, less rigid emotion' ally, but no more neurotic than men who i d o n't smoke anything. The best Ueioi omiui known of the singlcphasc statistics are those of Dr. Alfred Kinsey on sex ual behavior. This one was on smoking behavior and carries the scientific prestige of its author, Dr. H. J. Eysenck who has an international reputa tion in the science of psychol ogy. He began with his own much - discussed dimensional theory of human personality which he has been formulat ing for some 20 years. Re duced to ils nub, it holds that many bchaviorial traits are in-born - influenced, perhaps, but not formed by environ mental circumstances. Among these traits arc those of being extraverted (out - going) or introverted (turned inward on the self). Mental rigidity and the emo tional instabilities lumped under the word, neurotic, have inborn components, too, ac cording to the plausibly argu ed theory of Eysenck. On this theoretic basis, he figured extraverts should smoke cigarettes in numbers matching their degrees of ex traversion, since extraverts "concentrate on objects in the 'Drag Racing' Possible Cause of Crash Killing 8 New Iberia, La. - (UPII - Po lice said today "drag racing" may have caused the four-car crash, possibly the worst high way accident in Louisiana his tory, that killed eight persons and injured two others so bad ly one wasn't expected to sur vive. It happened on n two-lane stale highway just inside the city limits Monday night. The four cars were so badly man gled that police at first thought five cars were in volved. What they first thought wits two cars, turned out to be one car cut In half. Killed were the Rev. Doug las Taylor, 28, a Pentecostal minister from Tupelo, Miss.; George Babineaux, 17; Alvin Bodin, 18; and Bastiano La Porte, all of New Iberia, and four members of a Patoutville, La., family, Aron Williams Sr., and his three sons, Lloyd, 28, Roger, 26, and Aaron Jr., 17. Patrick Henry, a teen-ager from Jeancrette, La., and Archie Alexander, 24, New Iberia were injured: Henry wasn't expected to live. State police headquarters In Baton Rouge said it is be lieved to be the worst high way crash In the state's his tory. Investigating' officers weren't sure what caused the wreck. They couldn't even de termine vhich way Ihc cars were traveling. There were no witnesses. Romanian Congress In Closed Session Bucharest, Romania - IUPD -The Romanian Communist party congress met in closed session today and unofficial congress sources said Soviet Premier Nlkila Khrushchev probably would address the meeting. Western observers looked to Khrushchev's speech to shed light on his meetings here with the top leaders of the Communist nations. Polish Communist party chief Wladyslaw Gomulku was expected to Join the ranks of the satellite officials Thursday. Khrushchev has kept In the background o( the congress Communism's largest gather ing this year, but used the meeting for private talks with other Soviet bloc leaders. Polio Patients To Be Brought Home Salem lUPIl-Thc Oregon mil llary department said an Air National Guard C-47 will fly to Downey, Calif., today and return four Oregon polio pa tients to their homes in Sa lem, La Grande and Astoria. Two of the patients, a man and a woman, are from Salem. The plane will fly from Portland air base to Califor nia and then to the home cities. q outside world." He reasoned further the neurotic would smoke more than the non neurotic because "smoking reduces the strength of an aroused emotion." As for the mentally rigid, he based himself on "the fact that smoking as indeed all pleasurable activities, tends to be regarded as slightly sinful, and would therefore tend to be shunned by the rigid, puri tanically minded type of per son." The next step was to prove or disprove these ideas in people. Toward that end, he and his associates worked out an elaborate questionnaire de signed to draw from answerers their degrees of extra-version, introversion, neurotic imbal ance, and rigidity of mind. Answerers Divided The answerers were divid cd among heavy, medium and light cigarette smokers, pipe smokers, and non-smokers. These divisions were sub divided into age groups (40 to 59 and 60-70) occupations, and social class. In all, some 2400 men answered. Our in terest is in the results. These hooked up cigarette smoking with extraversion. With less certainty, they con nected non - smoking with emotional rigidity. But Ihey failed to show a link between cigarette smoking and neu rotic personalities. However, they showed pipe smokers were highly introverted, that is, turned inward. Eysenck said the results demonstrated there are essen tial inborn personality differ ences "between smokers and non - smokers, and between cigarette smokers and pipe smokers." Each is a "kind" of person distinct from any of the others. Eysenck is a professor at the Institute of Psychiatry in London where the study was made. The results were pub lished in Britain, Mutual Funds Expected To Be S100 Billion Business by 1980 By ELMER C. WALZER UPI Financial Editor New York - IUPD -By 1980, mutual funds could easily be a $100 billion business, says Arthur Wiescnberger, senior partner of the New York Stock Exchange firm that bears his name. To attain such growth, he points out, would involve a continuing compounded an nual growth rate of 10 per cent, against a 21 per cent rate during the past five years. Mutual funds at the end of 1959 had aggregate assets of $15,817,962,000 against $447, 959,000 in 1940, a rise of 3, 431 per cent in the past 20 years. Wiescnberger brings out these observations in the 20th anniversary edition of "Invest ment Companies 1960 Edi tion.'.' The book a $25 job, is regarded as the "bible of the investment company industry. Bull Market Credited Wiescnberger admits that a generous portion of the past growth of mutual funds has been due to the long bull market in common slocks, and he hastens to add that "it cannot be expected that the next two decades will dupli cate the 400 per cent advance Man Arraigned on Morals Charge Willard Cherclie St. Arnold, 47, of 349 West Pine St., Cen tral Point, was arraigned in Jackson county district court Monday morning on a morals charge, state police reported. They stated that St. Ar nold waived preliminary hearing and was bound over to the grand jury. Bail was set at $2,500 and he was lodg ed in the county jail. Officers r eported that the man was arrested in a field across the railroad ' tracks west of slate police headquarters. In the Dow-Jones Industrial average of the past 20 years, which started at the low level of 131 and reached 679 at the 1959 year-end. "There will doubtless be periods of declining prices when mutual fund assets growth will be slowed or tern porarily reversed. "But one lesson of the fairly recent past has been that times of falling stock prices tend to attract the 'dis illusioned' to mutual fund ownership - the many inves tors who had previously be lieved they could obtain bet ter results through their own efforts." If the mutual fund total should rise from the current $16 billion to $100 billion, it would represent a spurt of 6,150 per cent. And, if the valuation of listed stocks rose in propor tion - which no one antici pates - it would reach the staggering total of 18 tril lion dollars or 62V4 times the current figure of around $300 billion. Lockheed Strike Settlement Fades Los Angeles (UPU - Negotia tions between Lockheed mis siles and space division and striking machinists resumed today, but chances of a hoped for early settlement dwindled because union members booed down the company's wage of fer. The strike of some 10,000 machinists against Lockheed was the only unsettled labor troubles In the missile-aircraft Industry. Two other prime de fense contractors settled with the machinists late last week. The International Associa tion of Machinists Monday night at mass meetings in Sun nyvale and Burbank, Calif., rejected a previously undis closed offer from Lockheed. Mutual funds are what the market calls open-end invest ment companies. An invest ment company sells its stock to the public and invests the proceeds in stocks or bonds or both. If it has a fixed num ber of shares, it is called closed-end company. These usually are traded on regular markets. Open-end investment com panies sell their stock stead ily and stand ready to redeem it at the going value of their portfolio. Closed-end companies have grown by 177 per cent over the past 20 years and now aggregate $1,697,463,000 in assets. Both the types of invest ment companies maintain close supervision over their portfolios. They buy and sell stocks after careful research Over the years a group of favorite issues stands out. At the end of 1959, there were 10 favorites in which invest ment companies held $2 bil lion, or nine per cent of their total assets. The favorite ten In the or der of their demand were In ternational Business Ma chines, U. S. Steel, Texaco, Du Pont, Goodyear, Interna tional Paper, General Electric, Standard Oil N. J., General Motors, and Ford. Portland Candidate Asks for Recount Portland IUPD - Lawrence Supove, unsuccessful candi date for mayor of Portland in the May primary, has asked for a recount of 10 precincts. He ran sixth in a field of eight candidates. Supove made the request before the 9 p.m. Monday deadline for a recount. He would not disclose what precincts he wants checked, he said, until he and officials get to the warehouse where the ballot boxes are stored. SLIPPERY 8U8PECT Wichita Falls, Tex.-fllPD-Wil-liam J. Hoover, 22, a burglary suspect, escaped from the county jail Monday by remov ing his clothing, lathering himself from head to foot with liquid soap and then slip ping through the food serving hole in his cell. NATIVES ARE RESTLESS Portsmouth, Eng.-UOT-A lo cal magistrate Monday or dered a family of Indians to stop beating drums, chanting and doing ritualistic Far East ern dances around open fires after other residents in the area complained. DARING DEED Lancing, Eng.-flJPD- Charles Hughes, 37, told a local court Monday how his neighbor, Laurence Hiscox, 66, got the nickname "Daredevil Dan." "I filled a bucket with wa ter and put it on the lawn and a few minutes later, he dared me-so I threw it over him." TUESDAY. 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