Medford mail tribune. (Medford, Or.) 1909-1989, January 23, 1942, Image 7

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Medford mail tribune., January 23, 1942, Page 7, Image 7

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Newspaper Page Text1 MEDFORD MAIL TRIBUNE. MEDFORD. OREGON, FRIDAY, JANUARY 23, 1942. PAGE SEVEN Wall Streets Happier BnbsonY Rules For Investors New York City, Jan. 23. (Spl.V For the first time In sev eral yean there is a gleam of real hope in Wall Street. Stock exchange seat are already celling 40 percent higher than the 1841 low. Stanley, Morgan tt Co. probably the wealthiest bond house in America, is, for the first time, buying one or more of these seats. The Securities Exchange Com mission Is moving to Philadel phia away from the socialistic atmosphere of Washington. Consolidations of investment firms and reductions in operat ing costs are once more putting these houses into black ink. Watch Wall Street It is easy to criticize Wall Street It has committed many Ward. Mr. Rarmond Artmtrs, Mm. Daley Hup. Mrs. Praia Baiter, Mrs. r-ed Mlddlebusner end Mrs. O. Knv nonan. Next meeting will be at the Towneend cocnm unity hall. February SO. The bom demonstration afnt, Mies Marian Ferreu. at Medtcrd. wlU attend. Mr. and Mr. aimer Clemens enter tained tba Fortnightly Pinochle club at tlx Prospect haul. Saturday night. High ecor prtae were won by Mr. and Mrs. James R. Grieve, consola tion prises by Mrs. Cverett PTMdrlck and Prank Salter, and Dewey BUI won tha tranllnt prlae. A ehlckan tamale supper was and by the makes money: but a "ho a" never ! Bo"tM to Mr. and Mrs. Cverett makes money, 13. Never buy stocks which do not go up in a bull market because such stocks the insiders dont own. Never sell short those stocks which don't go down in a bear market; the insiders own them also. 14. When a bear market turns sins in the past Let me say, , bullish, buy stocks which have however, that no business is to day transacted with more scrup ulous honesty than now per vades the stock and bond mar kets. Moreover, the work of in vestment bankers and brokers is absolutely essential to all lines of business. You, my reader, may never have seen a stock or bond; but your employment and wages depend very largely upon wheth er your employer and his bank er have an active and free mar ket for the securities which they own. Another thing should be rec ognized about most Wall Street firms. They have a 90 percent correct record for. "calling the turns." They have good "noses" and can smell far ahead. They sense any change in the nation's sentiment better than any other group. This does not mean they can pick the stock market win ners. Perhaps their patience to study company reports is not so good as with some of us away from Wall Street. They make many big mistakes as to what to buy or sell. But their honest Judgment as to when to buy or sell is pretty good. Today they believe it is a wonderful time to buy certain stocks. What To Buy For the first time since 1939, Wall Street foresees a clear-cut British-American victory. They know that the U. S. now is 100 percent in the war and that Hit ler has passed his peak of pow er. They believe that airplanes and tanks are to decide the length of the war. They, there fore, feel that, after the produc ing power of the United States gets into full swing, our planes and tanks, needing comparative ly few combat soldiers, will crush tha Axis like a steam roller. Although Washington,-where xl was yesterday, talks that the war will last for years longer, Wall Street now believes that the active fighting may stop by the winter of 1942-1943. It does expect a very long armistice to follow while peace terms are be ing discussed. Considering that Wall Street was far more cor rect in its Japan forecast than was Washington (note how the market discounted this event), Wall Street may be mucn nearer gone down the most or those that have, gone down the least. Beware of the "middle-of-the-roaders". 19. Try to avoid putting a limit on your orders. Have a broker you can trust and tell him to buy or sell at a "fair market" price. 16. Seek to invest only in the stocks of companies controlled by men of high character. The first and last important axiom is that you save your principal only by dealing with men hav ing principles. Remember the Pendulum . Bernard Shaw once said to me in London: "The trouble with you Americans is that you al ways are boiling hot or icy cold. Success comes from being sensi ble." This certainly applies to our nation's attitude relative to Wall Street. After the last world war, for ten years America wor shipped Wall Street. Then came the crash when we turned our eyes completely away from Wall Street to Main Street Now may be the pendulum is beginning to swing back to . Wall Street Think it overl Let's remember what Bernard Shaw said and "be sensible." v Ftaedrtek. Mr. and Mr. Prank 81- ter. Mr. Mary B. Drier, Mr. and Mr. Floyd Kelley. Dewey Hill. Mr. and Mr. June Orlera. and Mr. and Mr. Clemens. Mr. and Mrs.. Walter Smith received word of a new grandson, weight S pound, bom to their aon-la-law and daughter. Mr. and Mr. Prank Helm, of Medford .at the Community hos pital. Jan. la. Mr. Reims Is the for mer Mis Maxtne Smith. Floras Broomfleld arrlTed from La Angelee, Friday, and spent the week end with his brother, Uster-tn-law, and nephew. Mr. and Mr. Burton Broomfleld. Robert and Burton. Jr. Raring served four years In the U. 8. marine prerloualy. he was called for active servloe at this tune. Mr. and Mr. Arthur P. Oood apent Friday In Ashland attending to busi ness matter. Propect-8t. Mary basketball game at the local gymnadura, Friday night, was well attended. The high school drill team, led by Majorette Mary Ollnes and Elisabeth Cunningham, and tha grade school drill team, with Majorette Nyoda Herman and Thel da Qoode, and the mualo of Mr. George Reed' orcheetra added much to enjoyment of the evening. Mr. and Mr. Lewi JanUer mo tored to Oranta Pass, Saturday, where the former received medical atten tion for a ease of arthritis. . Prospect Prospect, Jan' 23. (SpU Prospect Girl Scouts had their Christmas and New Year party on January 14 at the home of their assistant leader, Mrs. Lee Merrlman. . It had been post poned to this later . date on account of the measles epidemic during the holidays. Mary Lou Neville, Thelda Goode, Marjorie McGrew, Bety Robertson, La vinla Chapman and Patty Wad dell, who are working for their hostess badges, planned the games, and decorated the tables. Business session and a social hour were enjoyed after which refreshments were served. Among those attending were Mrs. . Henry . Herman, leader, Mrs. Lee Merrlman, assistant leader, Julia and Marjorie Scranton, Nyoda Herman, Betty Skelton, Roberta Roberta. Elva and Selda Carlton,. Monty Kav Middlebusher, Marv Lou Nv. right on the length of the war. Ulle. Thelda Goode, Marjorie I repeat: wau street usi i" ny nooenson, ratty good "smellers' Some WaU Street Boleo Wall Street has some rules which it has learned after 100 years of experience. Hera are a few: ' . 1. Eternal vigilance and con stant courage are necessary when Investing money. ...... 2. No man ever became poor by taking profits; the only sure way to get profits is to take them when you can. 3. Buy something which will "pay its board." Tht tremend ous power of compound interest has made most fortunes. 4. When you are undecided what to do, then do nothing; never take "curb stone" advice. Consider the three "Ps" prac tice, persistence and patience. 5. Remember that the market will be here tomorrow. Take time to study and think. Do not cowardly delay action nor be hurried. 6. Never be "all invested." Always keep a. little free cash for the "basement bargain days" which come every so often. Beware of Debt 7. Keep out of debt. If your stocks worry you, sell them to the "sleeping point". Look for ward, not backward. No grist can be ground by water which has passed over the wheel. 8. No men arc always right, but successful men who have made and kept their money are more often right than expert ad visers who cannot pay their own doctor's bills. On the other hand, free advice is usually worth what it costs. 9. Never sell stocks on ac count of a strike; nor buy them Just because higher dividends have been declared. 10. Buy stocks that have long been inactive rather than the "blue chips" which art being talked of every day. 11. Cut losses short, using stop-loss selling orders intelli gently. Buy when most people are bearish; sell when all your friends are bullish. Always Diversify 12. Diversify your holdings. Do not concentrate on any one industry. A "bull" often makes money, a "bear" sometimes Waddell and Lavina Chapman ja interesting meeting of Home Extension group was held la the high school Jan. 10. Leader were Mrs Fred Mlddlebuaher and Mrs. Clifford Kernohan. and they demonstrated Meal from tha pantry shelf". The finance committee- presented an amualng feature that netted the unit nearly aa. They measured the mem benf waistlines, and each gave a penny an Inch. Attending were Mrs. Jim Rlchey. Mia Florence Smith. Mrs. Leslie Dunagan. Mrs. Qui rxts orth, -rs. Frances Pearson. Mlas Barbara Tubman, Mrs. John Hakker up, Mrs. Beckelhymer, Mr. 8. T. Morrison. Mr. Kelley Wright, Mrs TO Sevens, Mrs. Howard Wagonner. Mr. Richard D. Gray. Mrs. Katie Orlev. Mrs. David (Seville. Mrs. . J. Plynn. Mrs. Hlenle Hertager, Mrs Menus of the Day By MRS. ALEXANDER GEORGE . . Dinner (For S or 6) ' Oyster Bisque Toss tod Cheesed Wafers Roast Ham Raisin Orange Sauce Raisin Orange Sauce Mashed Sweet Potato Puff Bacalloped Cauliflower ' Cranberry Salad Hot Biscuits Apple Jelly Jellied Plum Pudding Whipped Cream Coffee Oyster Btqus IK cups oysters, chopped 1 teaspoon finely chopped onions S tablespoons finely chopped celery 3 tablespoons finely chopped parsley. - !4 cup oyster liquid ' 4 tablespoons butter 4 tablespoons flour ' S cups milk H cup cream H teaspoon salt M teaspoon paprika " Simmer covered oysters, onion, celery, parsley and oyster liquid (or water) 6 minute. Pour into sauce (melt butter, add flour and rest -of Ingredients and cook 3 .minutes). Simmer S minutes. Ralln Orange Banee 1 cup rslslns 3 tablespoon flour y, cup sugar 3 cups water H cup orange Juice ' 3 tablespoons vinegar ' 1 teaspoon grated orange rind 3 tablespoons butter Mix raisins with flour, sugar, wa ter, simmer 10 minutes. Add Ingre dient. BoU 3 minutes. Serve hot or cold. Jellied Plnm Padding 3 tablespoons gelatin 14 cup cold milk 3g cup sugar 4 tablespoons cocoa - )4 teaspoon aalt 3 egg yolk, beaten ' ' 1M cup hot milk 1 teaspoon vanilla ' 33 cup chopped dates . cup chopped candled fruit peel 13 cup broken nuts 1 teaspoon vanilla or sherry flav oring 3 egg whites, beaten Soak gelatin 3 minutes in cold milk. Blend sugar, flour and aalt. Add yolks, milk. Cook In double boil er until smoking. Add gelatin, stir. Oool until partly thick. Fold la rest of Ingredients. ChlU In mold. On MaU Tribune want ads. IF YOU LIKE GOOD FOOD Coma to ft Dixie Cafe tt8.for.fs Newest Csfe OPENING MONDAY Jaitaary 23 Folks who like delicious food, cooked Just right and served quickly, will like the Dixit Cafe. Hera, in an atmosphere of friendliness, you will find food to your satisfaction at moderate prices. Dixie Cafe 6th Street, Just Off Central Sibyl Rodger Stambaugh Proprietors Charles lattman We're Proud of oar Prices! r- ,r rrrrjjrr?n 1 PORK SAUSAGE j-f lb, 19c PORK CHOPS ..... lb. 35c ffBh PORK STEAK . lb. 29c Ffy1 . HAM lb. 29c . I Likt tverybody tlst, when wt'rt proud of something wo want others to set It. That's why you'll always find all SAFEWAY Mtrchandist plainly pricad to that all can tee and know tha prict Is tht same tht lowtst possible to tverybody! FLOUR. Kitchen Craft. 491b. sack 11.83 24 VJ lb. sack 9Sc DRIFTED SNOW FLOUR 491b bag 12.09 BUCKWHEAT FLOUR, Aunt Jemima, large package .. J7e 3YRUP. Loo Cabin. S8-01. can. 39e LUMBER JACK SYRUP. S ib. can 49c SYP'TP. Sleepy Hollow, 12-et. can. 13c 2-oi. can 29c COFFEE. Nob Hill lb. pkg. 45c Mb. pkg. 23c Airway '. l-'b. okg. 19e 31b. pkg. SSc CHTOTTW MTT.Sf, f. nt 4 lor 33e CANNED MILK. Tarnation. BorHen's. A'nlne. Special Morning, Pat, Seqo. tall cans 4 for SSc OVAT.TINE. No. 1 slse . 91c GRAPF! JUTCK. Chrch's. ot. bottle 27e BT."n5:D JUICE. Dr. Phillips. 46 oi. can n..n...27c ROV. CWN COL. 12-os. bottles (nhn rienoa't) for 2Se JET T "UDDtwfsS and D!RrRTS. ovted 2 for 9e Mis.uut tnws, Fluffiest, e.rton of 4 4-'b. boxes 2 for 2Se mcr.. HJB white. 2-lb. pkg 19c RALSTON CARPAL, Instant. 16 OS. lSe t.v.TrT laroe ska- 17c M.t. wfam. Kelloca's. L. oko-.. lfle oat. nvT- t-. nr fTu,ck. 1. pk. 23c ejHPFDnro WHEAT. Nat'onal Bn.(t Co 2 for 2Ie "Fa. Highway. No. 2Vi can Ide APRtcnTS. Val'ey Gold. No. IV can ISc oraes. nnr'de. No S03 cans, S for 23c TOMATOES, Gardenside, No. cans 3 for 33c CORN. Dal Monte Golden Bantam, No. 2 cans - 2 for SSc CORN. Country Home CS, GB, No. 2 cans 2 for 23e .ATTFR KAUT. Hlqhway. No 214 can 9c CATSUP. Perl HU1. 14-os. bottle lie CHTT.T SAUCE, Moneta. 12-os. bottle 15c DOG FOOD, Pard. No. 1 can 3 for 25c TOMATO SOUP, Campbells, lO-oi. can 3 for 25c BROWN DERBY BEER. 11-os. stow aways 3 for 25e (Plus bottle deposit) JULIA LEE WRIGHT'S DATED BREAD. l'i lb. loaf 13c OYSTERS pt. 29c CHICKENS waCK lb. 2312e BACON i;:"lr. lb. 33c GROUND ROUND STEAK lb. 25c Meat Prices Effective Saturday Only a-i lUaiuimi i 1 1 i "ttioe- iVvuri yf IV 1 ilSa I i Beef Roast lb- 22 Sirloin Steak lb. 35s BLADE CUTS... a Csi HEINZ KETCHUP. 14-os. bottle .lie CHILI SAUCE, Hslns. 12V-os. bottle 23e BABY FOODS, strained 3 cans 20t BEANS. Tomato Sauca Vegetarian. 13-os. can , , , lPg BAKED BEANS. Boston. 13-os. can lOt Chocclstsj Assorted Centers and Flavors 1Mb. box CZa 2i2lbbxCs Give him a Book to read thh Hi tW Mtlw9w(4ri irfvf Htaltcf rNHimMbttb rw Nr ktyt la fkt strvk tf Utclt St4v avnr SArtwAT STOIWHASABOXIO COLLICT THtM . . bung 'pem, wnx DOTHXRtST vicToar RCUJED CATS Alber's Quick or Regular 43c Alber's Fj,r.:r.w. 49c HELP FIGHT INFANTILEl PARALYSIS a a 'tint ORANGES 10 lb. 25: In Handy Shopping fag CIGARETTES - Camels, Chesters, Luckys. Old Golds. Raleigh, Cools 2 for 29c - Cta. SI.W CIGARETTES Avalons, Domlnos, Paul Jones. Sensations Pkg. ISc-Cli. $1.23 POTATOES 50 lb. 98s U. S. N 2 U. S. No. 1 10 lb. 33s Grapefruit Parsnips . Rhubarb . Produce Prices for Saturday Only Broken Sliced PINEAPPLE 2i Tin . . . . 19 lb. 5c lb. 5c lb. 5c J Ig.ekg. Nff it eai UU ibtit CAULIFLOWER Jrt'WWA aarssls m aA Wkea rM ass H aavertsns s ". eeasues Is hm M4 Bvea wkea re ataa4 Mere a Ma ef . . ssMiiaewer, re esatafca as aae usiraie a Uw keaea s at I set fa vsise fer rear anaar. a &'" aew prtas a aasllaVwer H W assad If res want a sa tat eat res waat aaS par eafcr f er saru wlaH rea . If raa wat a avst eaasaaw war. Ye fat fal vahw asset atsaat e seaad . alM aaawaVwattteslaraV-w-w-Mic art ailsrvnt mt, asr sat satire la tvery atora. text war wKk a est fraN sat etetaUe. aMewisr aew arleat all frett aai srtta feast H awisasf Ceaw Is a4 ate kew smss fvriaer tear SMaer saw) was rea aaltet sear east eae set W seasaW ir i irf In "r YMilillillEs-!lLJ Peat, St. Bsm tn)f Corn 303 tins 3 f cr & fi GRAMUUTID SO AT Giant pkf . 47c rwiiiiJOXYDOl I V 2441. pkf. Sit os. pag. tue su-puno ALLrWOSI OA I 14-os. pkg. Joe 4 tOs. pkg. 3le , WALDORF TOILET TIffUl 4 l9 on CnEC02267c IIc3nya:.3'at25y J Fcr.ily Circb " MAGAZINI IS OUT! It's winning aaere Menta evwry day with starlet, recipes and abeeihiag artleUe. ASK fOX YCUX nil COPY SATIWAY aturdaTanuarr4. thru Mondayjannary J