8 6
MEDFORD MAIL TRIBUNE. MEDFORD, ORE.
TUESDAY, AUGUST 23, 1960
WATERMELON SHARED Three's a crowd ful stride as part of the job of raising an
when it comes to sharing one slice of water- orphaned deer, Bambi. The fawn tries to
melon. But twin sisters Stella, left, and Sue follow the eight-year-old girls wherever they
Kimmer, of Batesville, Ark., take it in glee- go. (UPI Telephoto)
Sources Vary on Whether
Oil Industry Is Recovering
By HENRY J. BECHTOLD
UPI Financial Editor
" New York - IUPII - The oil
Industry is and it isn't pulling
itself together. Whether it is
or not de
pends on what
source you
read.
The value
line invest
ment s u rvey
said the do
m e stic price
structure for
crude oil ap-
Hmry Bcchtold pears to be
out of danger after tottering
this spring on the edge of an
across-the-board break.
Repeated mark-ups in gaso
line prices have carried them
at last comfortab.y above a
year ago, according to the sur
vey. And Inventories of heat
ing oil are by no means ex
cessive, it added.
The survey believes that
the strenuous internal cost
cutting campaign of the past
two years, born of adversity,
will boost profits as product
prices improve.
Favorable Earnings
It also looks for favorable
earnings comparisons for in
tegrated oil companies in the
year ahead and "probably for
some time to come."
The Chase Manhattan Bank
doesn't see everything as rosy
as the value line survey does,
however.
The bank said the over-all
supply of new oil in July was
In satisfactory alignment with
demand, but added that "be
neath the surface the results
Bouquet for Bride
do not appear quite so favor
able."
"In the face of a mounting
wave of amazement, concern
and indignation, both within
and outside the industry, re
finers in July persisted in
operating their plants far in
excess of needs," Chase said In
its monthly review of the oil
industry.
Motive Baffling
"Whatever their motive . . .
it is baffling, because history
has recorded often the un
desirable consequence of such
actions,", it said.
I The bank also pointed out
that gasoline demand thus far
this year has averaged only
slightly more than 1 per cent
above the 1U5!) period, and
the peak vacation, month of
July brought only a 1.7 per
cent rise.
The season now is more
than half over, the review
said, and unless an nusually
large number of families
scheduled their vacations (or
August, "third quarter gaso
line demand could (all below
expectations."
Chase also said thai there
could be a period ot weakness
for fuel oils later in the year
because of the current "bor
rowing for the future" by
secondary suppliers as a
hedge against rising prices.
Take Your Pick
That's where the oil indus
try stands today according to
the two reviews. Take your
pick.
Meanwhile, the value line
survey also look a peck at the
international oil companies.
Those firms face, at bcsl, a
levelling off of non-U. S. earn
ings which currently com
prise 50 to 80 per cent of their
total net income, it said.
It pointed out that world
crude oil prices are weaken
ing as supplies outstrip de
mand, and foreign govern
ments are successfully press
ing for a bigger share of the
profits from oil. '
Canada, on the other hand,
exempt from U.S. crude im
port quotas, has been able to
attempt a .continental rather
than a national approach to
regulation of her oil industry,
according to value line.
Yet,- it added, by the mid
sixties, the Canadian govern
ment probably will have been
virtually forced to cover its
own petroleum industry with
a mantle of protection from
low cost crude imports similar
to that which the U.S. indus
try now enjoys.
Spring garden of flowers to
beautify bedroom linens, guest
towels. Easy embroiderv-and
so pretty on white or pastel
colors.
Remember, too - handmade
gifts mean so much more! Pat
tern 7211: transfer six motifs
4x13 inches; directions.
Send T h I r t y-five cents
(coins) for this pattern-add 10
cents for each pattern (or lst
class mailing. Send to Mcd
ford Mail Tribune, Household
Arts Dept., P.O. Box 168. Old
Chelsea Station, New York 11,
N.Y. Print plainly NAME,
ADDRESS, PATTERN NUM
BER. '
JUST OUT! Our New 1960
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Book contains THREE FREE
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Grange News
Central Point Grange
The Central Point Grange
graces, Ceres, Pomona, and
Flora, arranged and present
ed the lecturer's program Fri
day, Aug. 19. A group of
novelty numbers were played
and sung by Marcia and
Richard Bevcr.
Mrs. Ed Wallers, Ceres,
then divided the members
into two teams and read ques
tions from Cappers Weekly,
the winning side was award
ed all-day suckers. Mrs. Wall
ers read a poem. The Bcver
team played and sang a group
of modern songs.
Committee chairman re
porting during the business
session were horticullure, Dee
Henririckson; agriculture, Ar
nold Bohncrl.
IIEC Chairman Mrs, O. T.
Wilson reminded all club
members of the meeting Wed
nesday. Aug. 24, at 1:30 p.m.
with Mrs. Ben Darras on Fool-
hill rd. Mrs. Wilson also an
nounced the annual canning
contest and urged members
to participate.
The Grange voted to have
the Grange Booster Night
Sept. 23 to start wilh a pot
luck supper. Roscoe Roberts
of Roxy Ann Grange gave an
insurance report, explaining
the new features and advant
ages o( Grange insurance.
Newspaper clippings of 4-H
Fair results were exhibited
on the display table.
Serving committee (or the
evening included Mr. and Mrs.
John Niedcrmcyer, Mr. and
Mrs. Otlo Niedcrmcyer, and
Miss Claire Hanley.
Provost Named To
Ashland-Talenf Job
Ashland - Dom Provost Jr.,
has accepted the position of
assistant drive chairman of
the Ashland Talent United
Fund, according to Dr. John
W. Bradshaw, campaign chair
man. Provost was born in Ash
land. He attended Ashland
high school, the University of
Oregon, Stanford and the Uni
versity of Colorado.
He and his wife, Joyce, have
three children, Johnny, Kent
and Alycia.
He is a member of the Ash
land Elks, the Ashland Rotary
club, the Ashland Chamber of
Commerce and Trinity Epis
copal church.
PEACEMAKER JAILED
Clinton, N. J.-iUWl -William
Brown, 54, who likes to stride
through the streets wearing a
big cowboy hat and boots, was
arrested Monday for ordering
five noisy teenagers out of
town at point of a .45 caliber
revolver.
Cinch To Make
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skirl. Whip it up in cotton,
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Printed P a 1 1 e r n 9238:
Misses' Sizes 12, 14, 16. 18,
20; 40, 42. Size IB. takes 4:ls
yards 35-inch.
Send FIFTY CENTS (coins)
for this pattern-add 10, cents
for each pattern for first-class
mailing. Send to Marian Mar
tin, Medford Mail Tribune
Pattern Dept., 232 West 18th
St., New York 11, N.Y. Print
plainly NAME, ADDRESS
with SIZE and STYLE NUM
BER.
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Pacific Telephone-Northwest
Social Problems, Solutions Must Be
Faced Honestly at All School Levels
(Editor's note: This Is another
in a series of articles furnished
by the National Education asso
ciation. Today's article deals
with social problems and their
solution at the school level).
Washington, D. C. - The
"wooden shoe-windmill-tulip"
type of social studies is not
adequate for today's modern
child who gets his informa
tion, attitudes, and conduct
signals from the far corners
of the globe - and who may
soon be getting them from
outer space.
According to spokesmen for
the National Council for the
Social Studies (NCSS), a de
partment of the National Ed
ucation association, social
problems and their solutions,
even if controversial, must be
faced honestly at all levels
in school.
No Longer Tolerated
"Sweetness and light - the
glossing over of filth, disease,
prejudice, starvation, death -can
no longer be tolerated,"
problems, usually reserved for
high school, at an earlier age.
As he studies Hindu customs
and folk art, he will also learn
why millions of Hindus are
starving, how this problem is
being approached, ind how
important its solution is to
world peace. Schools will put
more stress than ever before
on grim reality.
Educators also urge that
your child learn more about
the facts of economic life at
a tender age, and continue to
study them all through school.
This economic learning would
not be a new subject added
to the already crowded curric
ulum, but would develop nat
urally from subjects already
being taught. Here's how it
would work:
In history, as your child
learns about the frugality of
the Puritans, he would also
be taught the principle of cap
ital formation. In reading
about the controversies of Jef
ferson and Hamilton, he would
tence," produced by the As-, or save it in an inflationary
srw-iaiinn fnr- Snnervision and economy. Or they could in-
Curriculum Development,
other NEA department.
"The high school graduate
should be able," the book
notes, "to apply the tools of
economic analysis to the is
sues of the day."
For your child, these issues
will be very personal and
practical ones: What career
will have the best long-range
future for him . . . Whether
volve matters of national im
portance on which he must
help make decisions.
A parent can help spark a
child's interest in social stud
ies with these tips froln teach
ers: If you're a faithful follow
er of news broadcasts and an
inveterate reader of news
papers and news magazines,
he'll get the idea you think
it is wiser to spend his money it's important to keep up with
current affairs. Discuss, news
at the dinner table, giving him
opportunity to express his
views. Discuss local candi
dates for public office, too,
and the issues and problems
of your community.
Close for Use
Keep an atlas, almanac, dic
tionary, globe, and encyclo
pedia conveniently close to the
TV set for use during news
and documentary programs,
or simply to settle arguments.
"Let's look it up" should be
one of the most common
phrases around your house.
Help him to judge each per
son individually rather than
by race, creed, or color by
curbing your own unthinking
remarks about others.
Dr. Harold Drummond of
George Pea body college, I learn the conflict between cm-1
Nashville, said at a recent
NCSS meeting.
And a book published by
the same organization fore
casts profound changes in the
teaching of social studies in
the next 20 years. The book
suggests that in addition to
the present heavy history ba
sis for social studies, more em
phasis, will be placed on the
social sciences and economics
in an attempt to contribute to
the student's understanding of
. .e contemporary world.
This may mean that he will
start, studying serious social
pahis on economic growth and
political freedom. ;
He would learn how politi-'
cal expediency affects policies
on world trade.
In geography, he would dis
cover that peoples, depending
on their culture, develop dif
ferent institutions and eco
nomic systems, through which
they produce and distribute
goods and services.
The urgent need for more
economic education in Amer
ica's schools was set forth in
a recent publication, "Educat
ing for Economic Compe-
?'Se!
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One of a teries of advertisements prepared by Western Slates Advertising Agencies Association
Medford Mail Tribune
Bowl