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About Nyssa gate city journal. (Nyssa, Or.) 1937-199? | View Entire Issue (Jan. 2, 1969)
THURSDAY, JANUARY 2, 1969 THE NYSSA GATE CITY JOURNAL, NYSSA, OREGON BABSON'S 1969 FORECAST (Continued On Page 2) however, there are plenty of near- and middle-term maturi ties available in nontaxables that will save on your annual tax bill and give you a capital gain at maturity. 36. CONVERTIBLES? - At a time such as now, after stocks have had a long and sizable runup, we at Babson’s Reports, Inc. are not attracted to con vertible bonds . . . feeling that, in most cases, the cost of the call on the common has become inflated. Convertibles are most attractive after a stock market shake-out . . . when uncer tainty exists and when you are not paying too much above the investment worth of the bond for a call on the common. the convictions of the multi plying herds of bulls. 24. ON PURE MOMENTUM alone, we anticipate new all- time highs in the Dow Indus trials, as well as in the more com-rehensive averages, during the forepart of 1969. If such does occur, however, we shall have our “fingers crossed” about the course of stocks during the time after mid-year . . . especially if market “fireworks" become particularly br i ilia nt in the early 1969 days. Under these circumstances, cautious selec ting may pay bigger dividends in 1969 than “playing the field.” 25. FARM EQUIPMENTS - One group that has hardly gotten RISKS TO RISE off the ground in 1968 has been AS YEAR LENGTHENS the agricultural machinery makers. Some good long-range 37. THE NATION IS NOW in values exist here in issues such as Debre and Inter national the days of hope ... the honey moon of the electorate with the Harvester. 26. CONGLOMERATES - The new Administration. But the big multiple-activity companies “changing of the guard” at the have certainly failed to shine White House is not likely to be in the year now closing. Some accomplished without causing issues may hold low risk for uncertainties. With business investors with patience. Among and the stock market bowling such are Textron, Gulf & along toward new highs, the Western Industries, and TRW risks of change lean toward increasing exposure as the Inc. 27. CHEMICALS - Thisonce- euphoria of early post-election favorite of securities fans has comes to full bloom. 38. AS WE PEER INTO 1969, again passed a year in the mar the staff of Babson’s Reports, ket doldrums. Some indications of a turn-in-the-making are Inc. foresees new advances on beginning to appear. We feel both the economic and the fi there is not too much risk in nancial fronts. But we also are old-line concerns like Allied convinced that as the year Chemical and Union Carbide at lengthens, risks for business men and investors will likewise recent levels. 28. CONTAINERS - Another increase. Temper your group that does not seem to have optimism with caution. exhausted its investment poten tial is the containers ... though they are not as cheap as they were a year ago. Our choice in this field would be Contin HELLO ental Can. 29. FERTILIZERS - After a WORLD! long and painful stretch of being “put through the wringer,” ARCADIA - Mr. and Mrs. there are now some signs that moderately more profitable Melvin Spitze announce the ar days lie ahead for the plant rival of their first grandchild, food makers. International Min a son, Darrell Scott, born Dec. erals & Chemical -- with vast 23, 1968 to their son and daught potential raw materials re er-in-law, Mr. and Mrs. Dennis sources on more than one con Spitze of Loganville, Wise. Den tinent -- appears to hold little nis is employed at a mental risk at current levels for long health clinic in Loganville. term purchasers with patience. 30. LIFE INSURANCE - BIG BEND - Mr. and Mrs. Hailed five years ago as “the Varner Hopkins received word £ greatest” for appreciation, life on Dec. 20, 1968 of the birth company stocks overshot their of a grandson, Steven Paul. dynamic possibilities and were Parents of the young man are disdained by speculators for Mr. and Mrs. Kenneth Hopkins several years. In 1968, how of Corvallis. ever, live stocks -- with management becoming much NEWELL HEIGHTS - Mr. and more aggressive in diversifying -- again began to stir. The Mrs. Michael Hastriter of La persevering speculator might Grande i became parents of a find opportunity in Life In- son ; on Dec. 19, 1968 at Grande surance of Kentucky. Rhonde hospital. He weighed 31. ELECTRIC UTILITIES - seven . and one-half pounds and Electric power stocks, one of has I been named Michael Larkin. the soundest growth areas, are The infant’s maternal grand showing signs of emerging from mother, ; Mrs. Bill Webb spent the investment pall that has i nearly a week in the Hastriter enshrouded them for some time. home. They offer both income and growth. Try Texas Utilities for NEWELL HEIGHTS - Mr. and the latter and Niagara Mohawk Mrs. Ray Simpson were Christ for the former. mas dinner guests of their daughter, Mr. and Mrs. John BONDS REMAIN nie Eason at Homedale. While ON BARGAIN COUNTER there they made the acquaint 32. WITH STOCKS ALL the ance of a great-grandson, Tra rage, bondbuyers among indivi vis Eugene, born to Mrs. Susie duals have become “scarcer Roach on Dec. 22, 1968atCald- than hens’ teeth.” Yet bonds well Memorial hospital. are selling at the lowest prices and the highest income yields Mr. and Mrs. Ed Tyner an of this century . . . yes, in nounce the arrival of their sec > many cases, for a full 100 ond grandson, Jeffery James years. We state emphatically: If Neely, born Nov. 24, 1968 to the inflation prospects are as Sgt. and Mrs. James Neely. sure-fire, as pervasive, and as The infant weighed nine-pounds, unpreventable as many would 13-ounces. Mrs. Tyner, Mike have us believe, we doubt that and Becky left Nov. 26 to visit the ownership of common stocks the family, and then went to will provide a truly safe passage Colorado Springs to visit a son- through the inevitable mael in-law and daughter, Sp/4 and strom that will follow in infla Mrs. Rene Soliz. tion’s wake. If the storm comes, high-quality bonds may ride it MALHEUR MEMORIAL out better than stocks. If it does not come, 6 1/2%, 7%, HOSPITAL 1968-69 and even higher incomes from Dec. 25 - To Mr. and Mrs. senior securities will furnish food and shelter to those de Mario Perez of Nyssa an eight pendent upon savings . . . and pound, 11-ounce girl named afford something left over with Guadalupe. Dec. 28 - To Mr. and Mrs. which to “feed” inflation. 33. FOR BIG INCOME - If Sidney Redfield of Payette, a current high return is your five-pound, eight-ounce boy major need -- retired or sup named Timothy Richard. Dec. 31 - To Mr. and Mrs. plemental -- top-qualitycorpo rate issues of recent flotation David Savage of Nyssa, a sev are your best bet. Returns here en-pound, seven-ounce girl. run from 6 1/2% to 7% for the 'in. 1 - To Mr. and Mrs. Ronald Cornett of Payette, a "cream.” 34. INCOME PLUS PROFIT - girl. Those who can take somewhat less currently, but with equal certainty of income, should pick up best-grade deep discount Mr. and Mrs. T. H. Eldredge bonds. Middle-term maturities -- say 8 to 12 years -- give spent Christmas with their son, you fairly high current return Mr. and Mrs. Don Eldredge and . . . and a capital gain if held family at Camas, Wash. • • • to pay-off time. Mr. and Mrs. John Cleaver 35. FOR THE AFFLUENT - Never have tax-exempt bonds spent Christmas with Mr. and been so attractive. Follow the Mrs. Jerry Gordon at Payette. general rules laid down above. Mr. and Mrs. Magnus Ekanger Buy the new, long-term exempts were Dec. 24 evening dinner of best quality ... if the best guests of her parents, Mr. and in income right now is your Mrs. John Cleaver. • • • need. If saving for the future. PERSONALS CB & PWC Meeting Scheduled Tuesday A meeting of the Treasure Valley Christian Business and Professional Women’s council will be held at 7:30 p. m., Tuesday, Jan. 7 at the La Paloma cafe in Ontario. Speaker for the dinner meeting will be Marilyn Ogden of Boise. She has had three years as an elementary teach er, is a young homemaker and mother and has traveled to the Philippines and Costa Rica. She will also provide vocal music. A special feature will be ‘Fashions in Knitwear’ by Mrs. ... .. . . . — . . Wallace Johnson of Ontario. Reservations may be made by dialing Verl Gunderson, 889- 6289. Those attendingare urged to take guests. Mr. and Mrs. Ted Brammer visited on the evening of Dec. 29 with Maurice Corey at his home south of Nyssa. Mrs. Corey is still a patient in Mal heur Memorial hospital after suffering injuries in a recent car mishap. PERSONALS Mrs. Tom Johnson spent Christmas with her daughter, Mr. and Mrs. Pat Sweaney and family at Caldwell ♦ * * Doyle Riggs, who attends Oregon State university spent the holidays with his parents, Mr. and Mrs. Lewis Riggs. The trio spent Dec. 24-25 at the home of a daughter and sister, Mr. and Mrs. Darrel Manning at Boise. Mr. and Mrs. Darrel Manning of Boise were Dec. 31- Jan. 1 guests of Mr. and Mrs. Riggs and Doyle. ♦ ♦ * Mr. and Mrs. David Beers were Dec. 29 dinner guests of Mr. and Mrs. Bruce Jenkins. Mr. and Mrs. Oscar Kurtz were recent visitors of the Beers couple. 4 ♦ Mr. and Mrs. Frank Byers and Victoria Dunten were Christmas Eve guests of Mr. and Mrs. Jim Farmer and family. On Christmas day the Byers couple were guests of Mr. and Mrs. John Sommars The Daughters of the Utah __ Victoria _____ Dunten _____ at Notus, and was a guest of Mr. and Mrs. Pioneers met Dec. 19 at the Bybee home for their Christ Giles Cary of Nyssa. ♦ ♦ ♦ mas party. The session featured Mr. and Mrs. Ewen Chard a potluck dinner and gift ex were hosts to a Dec. 29 post- change. The Bybee couple hosted a Christmas dinner. Guests included Mr. and Mrs. Elver Christmas dinner for members Nielsen, Mr. and Mrs. Gary of the family. Guests were Mr. Nielsen, Mr. and Mrs. Bill and Mrs. Jay Bybee and daugh Nielsen, Earl Chard all of ters, Pam of Portland and Tam i Nyssa; Mr. and Mrs. Homer of the home; the Owen Froer- Whitman of Emmett; Mr. and er family of Nyssa, Mr. and Mrs. Doyn Price of LaGrande; Mrs. Gary Bybee and son of Mr. and Mrs. Kenneth Chard of Ariz.; H. G. Chamberlain. The Boise; Mr. and Mrs. JackChard Bybees also were hosts to a Dec. 27 evening dinner for of Meridian. PAGE THREE members of Farmers Feed and Orchard and family and Mrs. White Satin bowling teams. W ren Tracy of Jerome; Mr. and Mrs. Ray A. Porter and family Mrs. Angie Cook was a and Mrs. Ellis Ostreeg of Salt Christmas guest of her son, Lake City; Miss Linda Johnson Mr. and Mrs. Arthur Cook; and and Miss Shanna Judd, both of her sister, Mrs. Sylvia Pal Utah. The newlyweds left Sunday morning for Salt Lake City mer in Boise. • • « where they will make their home as he attends school. Mr. and -00-00000000* Mrs. Durfee accompanied them, assisting with their moving. COW HOLLOW ~ BY HELEN HOFFMAN Phone No. 372-280« COW HOLLOW - Many in this community attended the Dec. 28, 1968 wedding reception held in the Owyhee LDS church for Mr. and Mrs. Terry Haile, nee JoAnn Durfee. Guests included relatives whovisited in the Dur fee home Saturday and attended the reception that evening. They are Mrs. Durfee’s mother, Mrs. Clarence Aston and Miss Eva Aston of Rupert; Mr. and Mrs. Charles Durfee of Caldwell, paternal grandparents; the Henry Durfee family of Cald well; Mr. and Mrs. Charles Durfee, Jr. and family of River ton, Utah; Mr. and Mrs. Richard Mrs. Forrest Tenent of Spo kane arrived Dec. 23 at the home of her parents to attend Boise funeral services for a cousin, Troy Lee Cates. Her parents, Mr. and Mrs. Russell Howell also attended the rites, together with another daughter, Mr, and Mrs. Charlie McCoy and family of Ironside. Christmas dinner guests in the Russell Howell home were Homer Cates family; the Howells’ daughters, Mrs. Forrest Tenant, Mr. and Mrs. Charlie McCoy and family. Mrs. Tenant returned to Spokane Christmas afternoon by plane. Mr. and Mrs. Bob Mosso and family, Mrs. Bob Ewell and children arrived Dec. 28 to visit the women’s parents, Mr. and Mrs. Joe Stephen and son, Mark. The Mosso family returned to Portland Sunday afternoon, while Mrs. Ewell and children remained for a longer visit. Miss Anita Niccum arrived home Dec. 24 to spend the holi day season with her parents, Mr. and Mrs. Elsa Niccum. The Niccums received a phone call from their son, Norris, who was visiting in Portland on Christ mas day. Norris, who is on his second hitch in the Navy, is stationed at Okinawa. Hehas just one more month to serve and his wife will remain here until he receives his discharge. Mrs. Wayne Lattin and child ren; her father, Clarence Nic cum left Dec. 27 for San Francisco to visit her mother, Mrs. Dale Gonzales and daughters. Guests at a family Christ mas dinner in the Fred Mor ton home were her mother, Mrs. Grace Rutherford of Boise; her sister, Mr. and Mrs. Ed Haskin of Hereford, Ore.; and the Morton’s daughter, Mr. and Mrs. Bill Anderson of Boise.