0
Medford
Tribune
SECTION C MEDFORD, OREGON, THURSDAY, AUGUST 11,
I960
PAGES 1 to 8
CHAIRMEN MEET The national chairmen of both political
parties, who are also U.S. Senators, took time out from their
activities to pose for this picture. Sen. Henry Jackson,
(Wash.), Democratic chairman, is at left. The GOP chairman
ia Sen. Thruston B. Morton of Kentucky. (UPI Telephoto)
Wall Street Chatter
New York - (UPD - So far
this year, the stock market
appears to have acted in its
time-honored role of forecast
ing future trends or general
business, observes Thomson &
McKinnon.
Most people have now come
to the conclusion that extrava
gant earlier predictions about
business are not going to be
met - at least right away. The
market seems to have known
this for some time.
However, several factors
seem to indicate that pessi
mism has become unduly
widespread, at least in the
Stock market, the firm notes.
Among these are the steady
liquidation in credit, and the
diminishing volume of liqui
dation on each decline.
Numerous Acquisitions
Harsco Corp. will earn
about $2.40 a share this year,
virtually unchanged from
1959. according to a study by
Ira Haupt & Co. The compa
ny's successfu growth via nu
merous acquisitions can be
seen through the 35 per cent
rise in share earnings during
the past five years and 16
per cent earned on invested
capital last year.
Kenneth Ward of Hayden,
Stone & Co. says that when
ever a situation seems under
valued by its statistical and
fundamental market measure
ments, and if its technical pat
tern also indicates higher lev
els, the advice is to buy it and
forget what the averages or
other individual issues are do
ing at this time.
Recession Anticipated
Prentice-Hall, Inc.- reports
that the stock market weak
ness suggests that the "scared"
investment money is anticipat
ing a business recession in
1961. More and more invest
ment funds are being shifted
into industry groups or specif
ic situations regarded as less
vulnerable to recession.
Martin Gilbert of Van Al
styne, Noel & Co. says the
slow upward plodding of the
list in the face of poor earn
ings reports and international
developments would seem to
indicate that the market has
currently seen its worst and
that higher prices are likely
to be witnessed.
Hatfield Appoints
Picker Committee
Salem-IDPD-Gov. Mark Hat
field has named three mem
bers of a new committee to
coordinate pickers for crops.
Named as chairman of the
new group was State Agri
culture Director James Short.
Also appointed were Rex Put
nam, "state superintendent of
public instruction and David
Cameron, of the state employ
ment service.
Hatfield said he would
name lay members of the com
mittee at a later date.
The committee was an out
growth of a meeting between
the Salem Chamber of Com
merce and the governor last
week.
CURVES AHEAD
Barrow On Soar, England
- (UPD - A member of the town
council has suggested that it
might brighten up the town
a bit if the street names were
changed to titles like Jayne
Mansfield Terrace and Mari
lyn Monroe Drive. .
Appraisal Short
Course Announced
Corvallis - County assessors
and real estate appraisers
from across Oregon Willi par
ticipate in the fifth annual
state appraisal short course
Sept. 12 to 16 at Oregon State
college.
The course is sponsored
jointly by the state tax com
mission and OSC to provide
a continuous training program
for appraisers and to help
bring about greater uniform
ity in valuation of real prop
erty throughout the state.
Appraisal o f residential
property in or adjacent to
commercial areas will draw
special attention this year.
Last year's related training
covered effects of widespread
development of outlying city
shopping centers on down
town property values.
Effect of new farming tech
niques on the "valuation of
farm buildings, also will be
covered. Methods the ap
praiser should follow in meas
uring the amount of obsol
escence in older farm con
struction will be explained in
a series of lectures and work
shops. Practice appraisal of resi
dential property in "changing
neighborhoods and of farm
buildings will be included.
MAKES SAFE LANDING
Chicago - IUPII - An Ameri
can Airlines jet with a flat
tire and 100 persons aboard
made a safe landing at O'Hare
International airport Wednes
day. The plant blew a tire
taking off from Boston on a
flight, to Chicago.
We invite
you to stay
at Portland's
elegant Hotel
MULTNOMAH
superb
accommodations
as low as $6 XJ
"ret
iree parking
For immediate
confirmation of your
reservation at HOTEL
MULTNOMAH
call
SPring 2-2202
Tomjack Travel
right here in
MEDFORD
...just pennies more
for the
KING of beers!
3-inch Raylon wall brush
Reg. 1.29 pt. Anti-Rust Metal Primerlp
Reg. 1 .29 pt. Anti-Rust Metal Enamel
Nu-Purpose Thinner in gal. gas can
Reg. 1.28 wire brushes, set of 2 iach
rssyj
WARDS
FRIDAY AND SATURDAY ONLY!
BIO SAVINGS FOR HOME AND FAMILY I
Take advantage of these savings with a lib'
tral Wards Credit Plan. Buy now-Pay later,
MONTGOMERY WARD T Jr? ' i. W
r-iV,' JV V !
T - -zrrr-irr? -7jx-i, y-zzz? ' 't-:t ' r-? --w. z'-' ;-::ir Tr-vsr'.
; ferV w'-"'l ri A SPECIAL! MEN'S V- SALE! ACRILAN f'
1 VV ?i ; UNDERWEAR f j Jf KNITS FOR MEN !
NX I 6 3 ) wm 2 5 r
-i f P Super-soft 100 cot- vl . WJ i
. li ton T-shirt and brief. , i j 2 v ' ft Wash n wear pop- ;,
.. . Shirt hos reinforced , lt-V U 4 Ver shrt sleevers
SALESMEN'S SALE! MEN'S ' f - A rib """. . Pro- i ir-Vvi K4i f ?0h Acrilan
.' i l cessed for minimum -!.ia $ Acrv he. Permanent
WORK SHOES SERVICE SHOES .: '-. f k shrinkage. S-m-l. i K ; collar stay?!
. Regularly 11.99 Regularly 6.99 . M They w'" 90 fa$'' ' V 4 including gold and !;
Soft glove leather, Supple elk-tanned '..! ; yCZ'l? -1 'UlVmit ",'1 olive. S-M-L-XL
white crepe soles, leather; Neoprene '.; ' ' t al f
r sf AfmSSt : SAVINGS ON BOYS, GIRLS WEAR I j lWftAISteSW i
1 v,' : 1 I ' I
yi V SALE! MEN'S SAIEI MISSES COTTON TRIPLE ROLL BOBBY SOX tl jSSm&SSSm!'.
II 1 I k i Assorted colors 477e l i F5yfjWSp(&0- V
II IVY SLACKS I WilWSiW f
' j I Wj SALE! MEN'S GOLDEN BRENT BRIEFS fj mSIvlFl E '
I I - Y W Q88 Reg. 3 for 2.98 100Durene cotton. S-M-L-XL. 32.64 i JijJ 111 V
I: : . h . J CAIKl MEM'G r.Alncu ddei.it t cuidtc I i SLiiSlaifkv roSS?
V 1 R9- 3 for 2.981 Fine combed cotton. S-M-L-XL. 83c each WWS&ffSr M
I SALEI BOY'S lS VESTEE SCHOOL SHIRTS f 1 H V7?WWVW V Z&J&r 5
1 I - ; 1
1 1 wear uancord" y REG. 6.98 SHAWL-COLLAR SWEATERS M. REVERSIBLE OVAL RUG !'
i 1 U combed cotton cords ; Men) Bulkv-knit lambs wool-Orlon Acrvlic. S-M-L. 5.66 I I --- vi...p ...r ........
Styled for good
looks on the campus
or at home. Wash 'n
wear Dancord
combed cotton cords
rarely need ironing.
Zelan finish repels
stain. 29-38. ,
i 1 y
SALEI MEN'S GOLDEN BRENT BRIEFS
Reg. 3 for 2.98 100Durene cotton. S-M-L-XL. 32.64
SALE! MEN'S GOLDEN BRENT T-SHIRTS
Reg. 3 for 2.98! Fine combed cotton. S-M-L-XL. 83c each
SALE! BOY'S lS VESTEE SCHOOL SHIRTS
Stylish blend of cotton & flannel. Reg. 2.98 .
REG. 6.98 SHAWL-COLLAR SWEATERS
Men! Bulky-knit lambs wool-Orlon Acrylic. S-M-L. 5.66
SALEI COTTON SLIPS FOR SUB TEENS
Wash 'n wear cotton percale or plisse. 8S to 16S 1.18
SALE! GIRL'S REGULAR 1 .98 SLIPS
lustrous Everglaze cotton, dainty trims. 7 to 14. 1.S8
Needs half the cleaning, tool For colon
ial or modern settings. Made of long,
tubular woven strips in OO
oval shape. 4 warm inter-
mixed colors. Other sizes. "" "
EXTRA VALUES FOR YOUR HOME
SAVE ON THESE HANDY PAINT
ACCESSORIES-YOUR CHOICE
H
..88e
.1.5.95
.10
14"x20" RUBBER WELCOME MATS . '.
9 x12' LINOLEUM RUGS-ASST'D PRINTS -
INLAID UNO. TILE 9"x9"
With metallic glitter. Special
EVERLON PANELS
Wash 'n hang, little or no ironing. 40x81. 99e
PORTABLE "DART" IMPORT MODEL BY ROYAl
leatherette carrying case. Only $5.00 down. 59.95
EVERY ITEM AT BIG SAVINGS
POWR-KRAFT 10" IOCKING PLIER
Do all jobs easier, faster. Has 1-ton grip
POWR-KRAFT COMBINATION SURFORM
-$1
...$3
Reg. 3.49. Adjust handle for use as a plane or file.
HANDY HOUSEHOLD ELECT. KIT
Incl. 6' ext. cord, p.c. cur. tag plus 5 other elec. parts. $1
122 ROMEX CABLE
Non-metallic. 100, 250' coils 4c ft.
32.95 ELECTRIC MOTOR
Powr-Kraft Vii-hp. capacitor motor
- T !
, . - .-i
$26
SET OF PLASTIC
SODA TUMBLERS
4 far 1
Make delicious ice
cream sodas fun at
parties, on picnics or
for the children. Un
breakable white pol
yethylene -freeze it,
boil it. Pink, yellow,
aqua holders.
Pick a Fair
of 6-Paks
BudweiseK
(Available at your favorite food store and tavern)
ANHEUSER-BUSCH, INC. ST. LOUIS NEWARK LOS ANGELES MIAMI "TAMPA-
r
1 1
r ;
(,'
X1
J
SALE! WOMEN'S BRIEFS
Rayon in white only and some cotton novelty
FINAL
CLEARANCE
WOMEN'S
Swim Suits
. 8
600
500
SAVE UP TO 45
Reg. 10.98 to 1 ' 98
69 Only
Reg. 10.98
14 Only
Reg. 6.98 to 7.98
1 1 Only
V 1
rM ih'ii i i i i i k -t . tt .
y J jk choi or
i HAND TOOLS I
I88 I '
j 0!jr '' Re9uai" 2.19 to 2.49.
j5ix5&tg '2-ft. push-pull rule I '
'i ii&Si30'Rr sJt Carpenter's square i
' wtfrh 10" locking pliers
j jsSS5 New i" hand drill
i fS durable hacksaw
i "'5C' neSt ' SQWS
i f
I REG. 26.50 POWR-KRAFT f
Ball-bearing construction. Cuts wood, I
J plastic, metal. 3000 strokes per min., 2" j
J capacity. Adjustable shoe SlO
REG. 26.50 POWR-KRAFT
MEDIUM-DUTY SABRE SAW
Ball-bearing construction. Cuts wood,
plastic, metal. 3000 strokes per min., 2"
capacity. Adjustable shoe 91 Q)
-..1. AZ l, t,loe nnl. "
to unyio?, iivioj, ONLY $1 DOWN
terns, straignt, curvea lines
aUARAHTIID
SPECIAL SALE
1st Quality Air-flite
SPAULDING GOLF BALLS
ROYAL TYPEWRITER
Portable "Futura" Deluxe
Features. Only $5.00 Down.
7750
pnnti.
Sizes S. M. L.
399
88
Use Ward's Liberal Credit . . . Pay Later . . .