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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 23, 1945)
fOOR MEDFORD MAIL TRIBUNS Friday' Feb. IS, 1145 Diversify Your Investments Babson Suggests Ten Groups H Usui W. BabaOB Babson Park, Mass., Feb. S3 (Special Correspondence) This week, let me talk oa the neces sity of dividing up your invest merits in order to get safety. In other words don't put too many eggs In any one basket U you have $10,000 invested or to invest, divide it among ten groups ol securities. The follow ing groups and ideas are not the only ones to consider, but they aerve as illustrations. (1) MANUFACTURING! Se lect some company like a paper, textile or oil company which is In a "repeat" business rather than company dealing in equipment which lasts a life time. Thus, beware of many shipbuilding, aviation or ma chine tools at this time. (2) PUBLIC UTILITIES) Se lect the stock of some -good company which Is being elimi nated by the Securities & Ex change Commission and which should liquidate for consider ably more than the present market price. Stocks which ' fulfill such requirements may be immune from stock market inking spells. (3) MERCHANDISE BTOCKSi Visit the variety chain stores in your city. Pick out the two or three which you like the best Ask your local banker which of these have their stock listed on the New York Stock Exchange. Buy the one which yields you the most annual income. (4) FIRE INSURANCE STOCKS! Look at your insur ance policies and buy the stock of the company which has been doing business the longest'num- . ber of years. I also like good casualty stocks. Both types combine ownership of a business and participation in a large list of good Investments. I BANK STOCKS! Buy either the stock of the local bank with which you deal or else buy the stock of the New York City bank which your lo cal bank uses as a correspond ent. Besides earning money on eervlces rendered, most banks now earn on large Government bond holdings. (6) BUILDING BTOCKSi These should be good although they already are selling1 rather high due to the big building 'boom expected after the war. Choose one manufacturing building materials and one mak ing house furnishings. 1 also i, .... v t'tii;: j-jg 11 '. In' 1 .l 1 ts",,",";.?SS.i (: c.v.':i;,.r.--rii, J 1 BV MHJaJW 1" 5 ILa limit .Mended Whiskey, l e4f, 8 0il netrtnrt satitnv CO0DERHAM t WCfT ITO 'i J'Feerle, Wltiels ; " like the cement stocks and cer tain of the steels. (7) CHEMICAL BTOCKSi These also are selling pretty high now; but we are going in to a chemical age and many miracles are ahead of us. For Instance Dow Chemical is mak ing products from sea-waterl Remember that while our agri cultural soils are getting poorer every year, the ocean is con stantly getting richer in chem icals and minerals. (8) TRANSPORTA TION BTOCKSi Probably everyone should own a little stock of some well established automo bile company. Certainly, these should be safer to hold than most railroad stocks. I think nearly all railroads will suffer in the postwar period. Airplane transportation stocks are now fairly high. . (9) MINING BTOCKSi This may not be the time to buy any mining stocks; but if so. one should buy the stock of a com pany which is also well estab lished in the fabricating end. (10) FOOD STOCKS! This group Includes the baking com panies, canning companies and other food processing com panies. Personally, I would rather buy the stock of some good grocery chain than tie my self down to any one of the man ufacturers. If, however, you want a strictly "food stock". I suppose one having both "neces sity" and "luxury" foods would be my choice. Please remember I give the above simply as illustrations there are other good groups and ideas which I have not includ ed. In this great country there are many good companies. But whatever you buydiversify! Water Pact Hat Committee Okeh Washington, Feb. S3 (U.R) The Senate Foreign Relations Committee today approved the disputed U. 8. Mexican water treaty by a vote of 18 to 4. Ben. Hiram Johnson, R., Calif., who led the opposition to the treaty during the weeks of hear ings, was downcast. He said he didn't think the Senate would reject It. The treaty would apportion waters of the Colorado and Rio Grande rivers between this country and Mexico. Churchill Observe Customs In Arabia Cairo, Feb. 23 (U.R) Prime Minister Churchill gave way to Arabian customs during his con ference with middle eastern rulers. - Not once did he smoke his traditional cigar at the meetings, And his gesture did not go un noticed. Smoking Is considered sinful In the Arabian peninsula and King Ibn Sauc" was said to have greatly appreciated Churchill's tactfullness. CENTRAL POINT GRANGE BENEFIT DANCE FEB. 24 Central Point, Feb. 23 A dance will be given at Central Point Grange hall tomorrow nlcht. Dancing will be from 8:30 until 12 o'clock and the public is Invited to attend. Both mod' ern and old-time dances will be on the orosram. This is the second of a series of dances given to raise funds for repairs and additions to the hall. The first attracted an un usually large number of people and was considered an outstand ing success. LIGHT SNOW FALLING . IN FISH LAKE AREA A light snow was falling this morning at Fish Lake, accord' lng to a phone message to the Mcdford irrigation district of fice. A half Inch of new snow fell, .making a total of eleven Inches. Snow on the ground has been melting the last few days. During last night snow fell at Prospect but melted as it tell, according to a California-Ore gon Power company report Fence-posts of the area had an Inch of snow on top. There were traces of precipitation in other sections during the night tlmt in- Sunday Tm Lai to tmun o su saiuraay unarnooa P'fiM remember 1 IS YOUR CAR FOR SALE? SEI HUMPHREY NOW for a CASH HIGH PRICE HUMPHREY MOTORS USED CAR EXCHANGE S3 S. Riverside Are- TECHNICAL STAFF NAMED FOR PLAY L 9 AT HOLLY Members of the t e e h n I e a t staff for the production of Deadlier Than the Male" which will be presented at the Holly theater March 8 as a Red Cross benefit, were announced today. The play is a three-act comedy- drama written by Pete Williams and has an all-woman cast. Mrs. Richard H. Alley Is to serve as stage manager for the production. Mrs. Tom Emmens is chairman of a committee hand ling set constructions and work ing with her are Mrs. Wilton White, Mrs. Madeline Klinefel ter, Mrs. Benjamin Belnap and Mrs. Fred Johnson. Mrs. Fred Greene Is to be property manager with Mrs. Francis Cheney and Mrs. Robert K. Drumwright as assistants. Mrs. Theodore Holmes will be in charge of lighting. Serving on the costume com mittee are Miss Deborah Tumy, chairman, Mrs. Frank Prime and Miss Joan Aya. Mrs. John San burn, Mrs. Chris Hald and Miss gf 7"L EiWH Mil Betty Bourne are members of the make-up committee. "Deadlier Than The Male" will be the first production of the newly organized little thea ter group here. Mrs. C. B. Col- Una la ..Milnn r)lrtnr and Mrs. Don Moore as her assistant FLU WAVE TAKES 17 IN ARCTIC VILLAGE Point Barrow, Alaska, Feb. 23 (U.PJ A wave of flu today had taken 17 lives in this northern most village on the rim of the Arctic circle. WASHING MACHINES REPAIRED Parts k Service ea All Makes B & B Washer Shop 408 C. Main Phone S302 Volunteer squads of nurses were distributing sulfa drugs to vlllsven. few of whom were able to leave their homes to bunt for food. A fuel shortage also was reported. Deaths occurred mainly among the weak and old, nurses said. Dependable j&woi Schilling VACUUM PACKED COFFEE '. ... 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Grade Safeway Prices Are Loiv- Every Day Comparel . 5 Assorted' DESSERTS JELL WELL (AltO SYRUP 20c 3, 39o RED LAB ED 5-LI. JAR NOB HILL fWfftft l ib. Oflfi 3 Whole Bajm MOlIBe beg lb. AIRWAY fiAffAa Mb. IT. 3 Whole BeanMOIlBB bag I IB lb, Canterbury Tea Raisin Bread JuK,9h,, 12c 41 Kellogg's All Bran Grape Preserves 22c Rili Crackers Pancake Flour Pancake Flour White King Toilet Soap 3 Celesflfc Shanks cut off before weighing 7 points per pound. . Shoulder Lamb Roast GT lb. 34c Pork Sausage '"TOSS;1" ,' 32e Link Sausages lb. 4le Rib Lamb Chops T lb. 43c Point-Free T- Fresh Salmon 42c lb. lb 28' -lb 38' IL 4 Ac cMWk. b38' vh Butter Wafers Mb. bag SPERRY'S 10-lb. bag SUZANNA 20-os. pkg. ISc 69c 9c l-lb. pkg. LIBBY'S je 303 iar " (Bknafc.. Kraft Rel.. Pimlento. Olire- I Oa UlHSBSa Pimlento-, Cheese Spds. 166 B-os. Jar 2 red points. Kraft Miracle Whip p27o Olives hcT" an 13c V 10c Chopped Sandwich Bags Half Apricots EStfSS (4P0t.B,27o Medium Sht Ivory Soap E 6c STRICTLY FRESK Grade A Large Dox. 43c DISCOVER e e Naturally fresh produce rr. rushed .from farm to store. Guaranteedjtoplease you and priced by weight .to save you money-' " Tomatoes Sweet Potatoes lb 19c lb lie 7 points per lb. ' Fresh Oysters 65 Per Pint Sliced Halibut 45 Ffoien Pound DRIED BEANS Red, Small White and Great Northern FANCY RICE ' Blue Rose , S-lb. Pkg. Strained HONEY Beevllle 49c 48c '1.20 5-lb. Pkg. American CHEESE Shefford's 3-lb. pk. HEINZ KETCHUP Ripe Tomato. 14-OI. bot. Red Hill CATSUP Ripe Tomato. 13V.-OS. bot. 75c!.? Apples Delicious Extra Fancy and Fancy lb. 12c Rome Beauty Extra Fancy and Fancy lb. 12c Mexican California Try them candied. Rfl dlShGS DeUciously tend'e-Bu. iC The Dalles Tender and mild. Bunch California Full flavored. California New Crop Tops off. Sc lb 17c 2 k ISc Green Onions Broccoli Carrots Cabbage Parsnips lb I sMM. Burstingwith II Lemons i-.. lo ixc Ariiona 1 1 Q Solid Fine for ilaw.D GC (30 R Pti.) 21c 13c Grapefruit Desert IL 71 white 5r lb. 11V,c Oranges Sweet and juicy buy them by the crate. 5 Lbs. 49c Vi crate $2.29 Crate $4.43 Salads Mixed Vegetable. Garden Fresh. Cello pkg. 12V,C SWItam OfQUS77CWSWDAMSH'&&.. 111 '" " ' ' " ' 11 "l i f urri l'rrX. 1 el I TOfUAseyouRPuasop 1 N0vtxJ9. ..ptnetoty I WBmswiN0UcAuy popular I KyrxiPAylSSfloirieBCsrip I wrP ljjJ fl jj22fil-H Get more for less, always! You'll be surprised at how much you save when you shop regularly at Safe-' way. You're assured of quality every time you buy because everything you buy is covered by Safeway 's guarantee you must be pleased or your money cheerfully refunded. SAFEWAY r, . - Vt TV 1. I J