Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 9, 1963)
THURSDAY. MAY S. 1S63 MEDFOHD MAIL TRIBUNE, MEDFORD, OREGON Indian Fish Trap Being Studied by Archaeologists Eugene - An Indian fish trap, at least S00 years old, has been uncovered at North Bend and is under study by achaeologlsts from the Uni versity of Oregon department of anthropology. The trap was uncovered 12 feet below sea level by Lille bo Construction company workers while excavating at the new Weyerhaeuser ply wood plant location on Coos Bay. The discovery was made in April. It is the first such fish trap found along the Oregon coast and a fortunate discovery, according to David L. Cole, instructor and curator of the University's Museum of Nat ural History, who investigated the find along with Or. Wil- bur A. Davis, instructor and assistant curator. Chances Are Remote "The chances that an ar chaeologist would dig down through 12 feet of silt at exactly the right location to So Good! Fresh CHINOOK SALMON Ispark your menu with STRIPED BASS Fresh Dressed lb. 55 Alaska Black s,0D49lb. Halibut Steaks Thrifty Pack Frozen tj lb. Deep Sea Catfish Fillets 69c Perch Fillets 39c ,.. Dover Sole Fillets 59c ... Prawns Genuine Home Smoked Chinook Salmon Halibut Cheeks Large Local Grown FRYERS t Whole or Cut Up 49 ib. "A" Grade Hen Turkeys 45V FRYER NECKS 10c b. Giblets 39 V 131 West Main Ph. 773-8497 FITTS SEAFOOD AND POULTRY find such a trap are remote," Cole commented The university scientists completed excavation of the trap in a coffer dam 14 feet below the surface of the ground while c o nstruction work continued around them. The trap was shaped like a V and built of wickerware tied together with reed and anchored by wooden stakes, some of which are beginning to become petrified, Cole re ported, It was probably laid on the old beach of the bay with the top of the trap about two feet underwater at high tide and out of the water at low tide, allowing the fish to be trap ped. It was presumably built to catch salmon. Age Is Estimate The age of 500 years Is an estimate, and it may be somewhat older. Cole indi cated. The scientists hope eventually to get a carbon-14 date on the material, "Knowing the date could answer a lot of questions, particularly concerning eu- static adjustment - the rela tionship of sea level to the land," Cole said. "We could get information about how rapidly the sea level is rising, how rapidly this area has silted up, and what kind of -I silt is coming in . . . We know that sites dating from 400 years ago are now below sea level." Dating of the trap could also have significance in the study of early Indian culture. Cole said. Placement of the trap indi cated that the Indians who built it were aware of the movement and habits of the fish, the fluctuations and heights of the tides, and other information, Cole said. Five hundred years ago. such knowledge on the part of the Indians would not be surprising. However, If the trap proves to be consider ably older, it would shed new light on the rate of cultural development of the Northwest Indians, he indicated. Your Money's Worth By SYLVIA PORTER Copyright, Hill Syndicate, Inc. Village Variety and Garden Shop Next to Piggly Wiggly... 771 STEWART AVENUE Mothers Day Cards and Mothers Day Gifts dataware Towel ! and Bigs lilt Fold i Jewelry Seti Buy Her FLOWERS IN BLOOM" Ivy Leaf 49c-$.19 Petunias 39c Pansies 98c dor. Geraniums 59c-$l.I9 Martha Washington! ..59c-$1.19 Mums , $2.49 Fuchsia Another Shipment 331.00 69c $1.98 Fuchsias BLOOM ivi" pots 49c S" port $1e19 Hanging Baskets $1.98 $6.98 'PUBLIC MISSES STOCK UPSURGE "Stocks Surge - But Where's the Public?" was the head line on a Newsweek cover recently, and the article sug gested that "Where's the Public" is "the question of the hour on Wall Street." "Analysts of Stock Market Rise Wonder where the Pub lic Went" was another headline in the New York Times and this report called the public's persistent selling of stocks on balance during these months of stock price upswing "re markable." There's no question about where the public is, though, nor is there anything remarkable about its net selling of stocks throughout this rise. The public has been mostly on the sidelines since the crash of mid-1962 and still is. Ihe small investor was bit terly disillusioned and scared by the stock crackup of win ter-spring 1962. He hasn't regained his confidence-yet. He is a conservative who wants to wait for an upturn to be firmly established before buying-which is the reason he often buys near or at a peak in the market. There's nothing remarkable about the way the small investor has persistently sold stocks on balance during this entire advance. A study of previous rebounds following previous crackups in the stock market shows the identical pattern of behavior. For instance, ihe stock market, as measured by the familiar Dow Jones average, rose 75 per cent following- the 40 per cent slump of 1932-33. During this whole 75 per cent rise, odd-lotters-little investors who buy and sell in blocks of less than 100 shares-were selling on balance. The market rose 40-50 per cent in 1949-50 following a IS per cent decline In 1948-49. During this whole 40-50 per cent rise, odd-lotters were selling on balance. The crucial point is that the small investor traditionally slashes his buying and his general participation in the stock market after severe market breaks-and he doesn't return until prices have come way back. He hasn't been acting "remarkably" since mid-1962. He has been performing in the classic pattern. Now that the stock market, on the Dow Jones average, is within a few points of the all-time peak of December 1961, and almost 190 points above the 1962 low, the small investor is starting to nibble at stocks again. A spot check of Wall Street firms indicates phones are ringing more frequently, some brokers say they are hearing from cus tomers who haven't made a trade in a year. But there is simply no disputing the evidence that the little investor and-or speculators is only nibbling. He has mostly missed this extraordinary rebound in prices. The most revealing barometer is trading by odd-loiters. For many years, ihe average ratio of trading in odd lois to trading in round lots (blocks of 100 shares) has ranged around 20-21 per cent. As of today, the ratio is at a greatly subnormal 15.8 per cent. A year ago this months - encompassing Black Monday, May 28 lhe ratio of odd lot purchases to round lot purchases was 11 per cent. It has shriveled to 7 per cent. A year ago, ihe ratio of odd lot sales to round lot sales was 9.4 per cent. It has slipped to 8.8 per cent. What is happening is dramatized by these few figures. It's not thai ihe public, ii selling more. It is buying much less. Thus, the odd lot figures show a persistent net sales balance. The little investor has been conservatively waiting - and has watched the market soar right by him. Another revealing barometer Is sales of mutual fund shares. In the first three months, these sales totaled 600, 787,000 against 922,006,000 in the same period of 1962. Ob viously, the public's interest has shrunk. A third revealing barometer is activity in brokerage branch offices around the country. In most branch offices, volume of trading has tumbled, many are in a depression all their own. Who has been powering and profiting from this market upsurge? Professional institutional investors, professional traders, large individual investors who regularly buy and sell. When will the public be back in? Now that the market has risen so far, so fast, it could happen any time - and we'll know it's happening when the odd lot ratio turns. Who will be scared then? The pros. The Family Council ... ... ...(.,. r ludxe. I coiMjr vawi in. riauj - - - - , pb)relilatrl.t, three iltrrymin, three edltori inn a women 1 1 "; Each arUcle If a .ummary of s family dluireement pre.enWd to mm Council. Ihe Council deale with problem., major and "ilnor, encountered by luldance countelori and aoclal worker!. Edited or aire, Alma Denny. (Cc.pyrliht br incral Feature. Corp.) Fran P. - This man offers ine a chance to enjoy the fine things in life. Mrs. H. D. - It's a sneaky affair and she should end it immediately. e Fran P. - I've been married 13 years and have no children, My husband is a washout as a companion. His work requires frequent absences and even when he's home he has no interest in enlarging his hori zons. In order not to shrivel up completely, I went to con certs and meetings alone, Then, a few years ago, I met a bachelor who shares my tastes in everything. He's been squiring me around and suggests I get a divorce. - Mrs, R. D. - I've been tell. ing my daughter to quit this dangerous running-around. So far, her husband hasn't got wind of her pairing off with this fellow, but she has me worried sick. Her husband is a stay-at-home type, but she gave up on him too soon. She should be able to coax him into taking her out once in a while. This bachelor has made her stop trying to improve her marriage. I'm sure she can- e The Councilt Bachelors who prefer married women are no rarity. We heard one of them reason as follows: An unmar- ried girl? Must be something the matter with her. A divorc ee? Must be hard to get along with. A widow? Might bury me, too. A married woman? Ah! If she's okay for some one else, she s okay for me. Breaking up your marriage for one of those vanishing heroes may also break up your life, Fran. . . . We agree with your mother. If you put half the effort into cajoling and charming your husband that you put into lining up No. 2, there'd be no talk of divorce. Surely one outing with your mate is worth a half-dozen with Lothario, when you are beset with guilt twinges and must duck peo ple who might know you. Our counsel: Pursue culture alone but as a respectable wife. Tell your husband of the tempta tions you encounter, and never stop inviting him along. If he says Yes to one out of six, there's love in him after all. If you really can't budge him, see a marriage counselor instead of the boyfriend. The first air conditioned private home in the United States was located in Minne apolis, where the system was! installed in 1915 by Willis Carrier, inventor of air con ditioning. Inventor Not Paid For Aerosol Bomb Washington, D.C. - (UPD -More than 20 years ago, a U.S. department of agricul ture scientist invented the aerosol bomb as a better means of dispensing pyreth rum insecticide. He patented it in the name of the USDA for free use by the public with no returns to himself. The aerosol business today is a multi-million dol lar industry. C'aMjt.ill ;ii k Jh New ew I 9 it . 1 Ideas... : i y ou money) v J ! ! v cm '....Mi".:-'" .i' i "; 1H m aw. ' . atop me POKTUNO HILTON Wllsr I- nun. i . BT:.jt'""p7 Ml:: 17! 8!" iir ' ifc-T ba.- It" P wm.ww Jui - i r ft ESS .f w Zl m Serve the bacon the uutcher brings home... save IOC on Maxwell House... and IOC on the eggs This is the bacon you want to erv anyway. Fries so crisp, yet eats so tender because it's made from selected bacon slabs. Only one out of every three is young and lean and tender enough to merit the Armour Star. And of that choice side we use only the choice cut the sweet, firm, meaty middle. This coffee tastes as good as it smells. Enjoy Maxwell House now! Just cut out the coupon on the back of the Armour Star Bacon package and take It to your grocer. You'll save 10C on two pounds of Maxwell House Coffee! And you'll get the one coffee more Americans drink at breakfast (and very meal) than any other. Tha eggs? A dozen of any kind you choos ! To save your 20t- It couldn't be easier! Just loqk for the special ly marked Armour Star Bacon pack ages. There are two coupons right on the back. One's good for 10C on two pounds of Maxwell House Coffee the other on a dozen eggs. PLAN YOUR NORTHWEST VACATION NOW: Family plan: No extra charge for children in aame room with parenta. Introducing for the first time anvwhere... &6An DRJVEOTEL Here is a new world of service and convenience with Hilton's new concept of hospitality-Driue-Otel.' What is Drive-Oteli The Portland Hilton has combined the quick convenience and privacy of motor inns with special luxury you expect from a big and magnificent downtown hotel. You register from your car and a fast Drive-Otel elevator speeds you to your room. Here is a 23-story hotel and 500 rooms ready for you at the opening of your car door. You may handle your own luggage, no tip! (But if you like to tip-o for a bellman.) Located Downtown, but Looks Suburban! Here is a hotel which could have happened only in the northwest where casual attitudes blend with lux ury living. A reflection pool, a swimming pool, and a complete garden give you only hints of the full city block park-like setting from which the Hilton'tower rise.. GRAND BALLROOM-Northwesl's largest ballroom and other luxury facilities for parties, conventions and meetings.. including the glasned-in PAVILION THE GALLERIA, THE FOYER and PARLORsl THE INTERNATIONAL CLTJB-Private club for uiciiiuera oniy . . .ainner ana dancing. 'yrWT' t;$vw-$? . . . where the f 4 living u easy! Frtt let on tvtry floor Frt morning coffot tvtry room Btvtragt machintt on tvtry floor t Inaidt parking for 600 car Comt In your casual clothts You tan bt your own btilboy... grva yountir a dp!) Beauty shop . . . Barbtr hop . . . Flowtr shop . . . Sundry shop Htattd swimming poo) f r i . . . ii'Aere the living it great! THE TREES DININQ ROOM and LOUNGE overlooking the reflection pool... HILTON COFFEE HOUSE mealing piece lor food and frienda THE WOODCHOPPER BAR AND GRILL favorite rendervout for bu.ineta and Pleaiura CANLIS'... Charcoal Bro.ler and Lounge.., I.moui i fordiilin. suiahed cuiilne and ervlce. la atop the Jolel with a .weeping view of the citv. For RMtrvations: Call CA 6-7047
