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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (June 1, 1961)
Stamp Collecting Becomes A Lucrative Kind Of Hobby NEW YORK ( API-Some 10 mil ! lion American investors are just pursuing a hobby. It's that pas time of both the young and the old, stamp collecting. Perhaps an additional million take a real investor's view. Well chosen stamps have a record of greater yields over the years than most deais in the stock market, are a tried hedge against infla tion, enjoy an international mar ket and are a ready source of funds in a crisis. The stamp collecting world cur rently is being deluged with new issues. Many are from the fledgl ing nations emerging so rapidly and some are aimed more or less frankly at raising revenue from the growing number of collectors in the world. Price (nereis Striking Some of the price increases since World War 11 have been striking. A U.S. airmail stamp col lection bringing $102.81 in 1945 is listed in the 1960 Scott Catalogue, published by Esquire, Inc., as 5282.63. Price rises of as much as 1,400 per cent are recorded in the list. But like ail investments, some are mavericks. And a few have de clined in value, the biggest drop noted being 63 per cent. The sud den appearance on the market of a previously unknown supply can do the trick. Secent stamp auctions here have brought out some high-flying bidding. A rare black Honduras stamp for which the collector paid SH.0U0 in 1956 brought him $24,000 this year. And a one cent Amen ran stamp issued in 1901 for the Pan-American Exposition went un der the hammer for $1,200 one reason for its value was that the picture of a ship ' in Ihe center was printed upside down. Stamp specialists say one copy each of the world's really great rare stamps a nonexistent collec tioncould be carried in a wallet but would be valued at $300,000 at the lowest estimate. Most collectors are out simply for the enjoyment of collecting and take a dim view of treating stamps primarily as an invest ment. But the big rise in prices since the war has caught Use eye of investors. And World War II experiences taught some a lesson. Jlany refu gees were able to take with them stamp collections, relatively com pact and easy to transport. They found a ready market for them to help start life anew in their new homes. With an international market, stamp prices are fairly stable over the short terra, and there are few if any import or export duties on them. Many stamps are commemora tive of special events or of their anniversaries. A deluge of these in recent years has kept the seri ous stamp collector busy. Korean Battlefield Surgical Trick Saves Mother's Life j t"-- 0r. T SEATTLE (AP; A surgical, technique developed on the battle fields of Korea has been used to save the life of a young mother near death from loss of blood after birth of her sixth child. 'i'he technique involves ue of a? small balloon to stop the flow oil blood while surgeons correct the cause of a hemorrhage. It was used t Providence Hospital here? in ihe case of Mrs. William Cheshire, 29, wife of an airplane company worker. The hospital said Ihe method was developed during the Korean war to Ileal wounds of the lower body, it was abandoned because necessary accompanying t e c h niques had not been perfected. Providence's Department of Experimental- Medicine developed She technique further is experiinenis: on animals, About a month assj doctors decided they wei-p ready to use it in a surgical vase when J the need arose. j Last Friday, after giving birth So a 8 pound 4 ounce buy, Mrs. Cheshior bis-d so stnvrcly doctors could detect so blood pressure. A gynecologist made as incision in She femoral artery and a iiitie. Sipped wish a drflaled bailees, was pasted about SO inches into the abdominal aorta. When the bailees was inflated, it blocked the flow of blood So She pelvic region and b'gs. The Sulie was left in for 75 mbv uta while doctors corrected slip cause of the hesiorrhasisg sssi obtained Mood for transfusion. jCfiago itader Planning Visit Ta United Staffs WASHINGTON SAP J The liiise House has aasoesed thai !"rfSHS?ns iutbest vouleu, presi dent of the Hcpusiic of ihe Congo, will visil She t'sitcd Stalt-s tsfor assily June 8 10. j txmomzs mewskeview A0VERTSS88S The Congo trader will arrsvjs In Washington June a, asd will visit Kew York before i-etojsiag so Brazzaville. He will he received fey President Kennedy, who will be hsn at a hancheaa honoring him on June and will eay so official call ea Secretary of Stale Dean Busk. TODAY and TOMORROW Thursday, June 1 Driver's Lions Examiner, 831 SE Roberts St., 8 a.m. to S p.m. Timber City Chapter of Sweet Adelines, Inc., Riverside School, room 19, call OK 2-4313 for in formation, 8 p.m. Army Rtstrv, 1614 W, Harvard, 8-10 p.m. Women of Roseburf? Country Club, clubhouse noon luncheon fol lowed by weekly bridge play. Roseburs Rotary Club, Umpqua Hotel, noon. IOOF, IOOF Hall, Jackson St., S p.m. Restaurs Lion Club, Xlmpqua Hotel, 6:30 p.m. Glide Shufflers Square Dane Club, lessons night, instructor Er nie Gilbert, 8-10 p.m. Civil Air Patrol, at the airport, J:30 to 9:30 p.m. Lady Elks, Elks Club, 8 p.m., cards. Barbershop Singing, Ricketf's Music Store, 8 p.m. Elks, Elks Lodge, 8 p.m. Hayloft Squares pattern dance workshop at the barn on Jlelrose Eoad 8-10 p.m. Chapter CU, PEO Sisterhood, home of Mrs. Settling Bronson, 428 SE Chadwick, luncheon meet ins at 12:30 p.m. North Douglas Rainbow Assem bly, at Drain .Masonic Hall, J:30 p.m. Douglas County Inter Agency Council, courthouse, 9:30 a.m. Riverside Horn Extension Unit, 10:30 a.m. Dean Perrin Chapter ?, Dis abled American Veterans, Veter ans Memorial Hall. 8 p.m. Feline Fanciers of Oregon meet ing, at the home of Lois Stazili in ilvrtle Creek, ?:30 p.m. Dilierd-Winsten Methodist WSCS Martha Circle, 12:30 potluck, at the church. Surherlin Rebekah Lodge, IOOF Hall, 8 p.m. Garden Valley Women's Club, at the clubhouse, 2 p.m. Roseburg Chapter No. S, OES, Masonic Temple, 8 p.m. Roseburg Toestmesters Interna lional 404, 7 pirn., dinner meeting at Turn-Around Inn, visitors wel come. ! League of Women Voters, 9:30 a.m., home of Mrs, David Weis- DanmooreHotel 1217 S. W, MORRISON ST, Portland, Oregon Alt transient guests. All tttose who come, return, Rotes not high, net low. Free Garage, TV and Radios, Reputation for cleanliness. Children under seven no charge man, 366 W. Hazel. Friday, June 2 Roseburg Duplicate Bridge Club,1 12:30 noon, Umpqua Hotel, open to all players o Douglas County,; hostess will be present, anyone de-i siring to play and not having a: partner may attend. j Driver's License Examiner, 837! SE Roberts, 8 a.m. to 5 p.m. Sheriff's Posse, at the Fair-i grounds, 8 p.m. Loyal Order of Moose, game night, Moose Hall, 8 p.m. Home Group of Alcoholics Anony-: mous, call OR 2-4059, 9 p.m. Christ's Ambassadors of the As sembly of God Church, Winston, 7 p.m. PNG Club of Roseburg Rebekah Lodge, rummage sale, 9 a.m. 4 p.m., basement of IOOF Hall. Umpqua Radio Club meeting, at the clubhouse on Klamath Ave., 7:30 p.m. Eikton High School annual picnic at the coast. Oialla Valley Club, tipper Olalla Community Building, 7 p.m., pot luck supper. Veterans of World War 1 and Auxiliary, Douglas Barracks 176, Veterans Memorial Building, S p.m. Douglas Court Ho. 18, Order of Amaranth, at the Masonic Tem ple, 8 p.m. Riversdale Grange, Grange Hall, 8 p.m. 1 H Demonstrations Given At Yoncalia Meetings Two demonstrations were pre sented at the Slay meeting of the Yoncalia junior Livestock Club, reports Mrs. George Edes, corre spondent. The meeting was held at Ihe Scotts Valley School with Orrin Johnston giving a talk on "How To Set Up Sheep For Shearing," and Helen Adams presenting "How To Handle A Kahbit." She pointed out the parts of the ani mal, using her own rabbit for the project. She also gave her dem onstration for the senior club while Roger Russell of the senior club gave a talk on safe handling of chemicals to the junior club. The Rev. Raymond Otto, pastor of the Yoncalia Methodist Church, showed slides he took of his travels from North Dakota to Oregon. Dan J Russell showed slides which he and his wife took of ihe club mem bers t the County Fair last fall. Leo Skinner of the American Breeders Service will be the guest speaker for the June meeting. He will show films io the two clubs. MEET OUR NEW FOUND FRIEND SCHROEDER Schroeder is a lover of classical music, firmly beiievinq that Beethoven was the greatest man who ever lived. He is a pianist, o slave to his art os he tortures See thoven out of his tiny instrument. Schroeder can play anything that Beethoven ever wrote, which is especially remarkable when you observe that the black keys of his piano are just pointed on, Schroeder, a generation ahead of his time, is one of the members of PEANUTS The News-Review's new comic slrip which starts today Don't Miss t ssWisasefteiSsfc.- SBIRHIIII GET NOW! STARTS TOWIORROMT We're celebrating this big national event (June 2-12) 1 -1 with very special prices on Frigidaire Appliances, So come in now and get the benefit of big savings, SAVE $$$! JUNE 2 THRU JUNE 12!! SAVE $$$! Ni'W All new Compact FRIGIDAIRE REFRIGERATOR 11 Ca, ft. Fits wast anjf Wtchen. Ail-new 3fr width, height fits tinder easiness,, even into corners. , Sssra for S3 pounds of froiaa foods in f mitt Chest ith sew Stde Opening Door. 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