1
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