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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Feb. 15, 1946)
tlX MEDFOHD MAIL TRIBUWB TAiiy. Th. It. IMS, Babson Discusses Reserves By Roger W. Babson Babson Park, Fla., Feb. 15 (Special Correspondence) Too many people are careless with their money today, both In con nection with Investing and spending. Some "wise guys" are even unnecessarily Borrowing money with the idea of paying up their mortgages with "phony money when, as, and if inflation becomes rampant. Such policies are the biggest kind of gambling. Small Businessmen To Watch Reserres Big business, which has had experience in Germany, France and other countries that have really suffered from inflation, will not get caught. It has learn ed from sad experience the great need of large reserves during an Inflation period. In fact, as in flation advances, every concern should more than proportionally Increase its reserves. This especially applies to small businessmen who have not ex tensive credit facilities. They now fail to realize that when Inflation gets well under way it will be very difficult to get credit either from banks or from wholesalers. As prices will then be going up without notice, and goods will be worth more than money, wholesalers will give no credits. All goods must be bought on a strictly cash basis. This means that everyone will need more working capital than at present. Wage Workers Advised To Lay Up Reserves Wage workers also need to lay up reserves during the next two or three years as well as do their employers. Systematically aave a portion of your weekly wages. Some day you will be confronted with a lot of unem ployment. Now Is the time for you and your family to prepare for It and lay a reserve aside In bank accounts or Victory Bonds. Don't be content to build up only money reserves, when un employment starts in again the least efficient workers will be let go first. Those who show the most Interest In, and knowledge of, their work will be kept and promoted. Ask your bosrto rec ommend iome trade paper to which you can subscribe or some correspondence course which will help you. Store up knowl edge In your head as well as money in the bank. More Capital For Inventories Needed serve. Non-perishable and stand ard Inventories aye good reserves to' have stored away. During the troublesome years that business will come day en counter, other reserves than money or merchandise 'will be needed. Looking back over my SO years In active business, I am greatly impressed with the re lationship between physical re serves and business success. Un known men who have the physl cal reserves to take the gaff rather than the "brilliant lead ers" are the ones who survive panics and depressions. Spiritual Reserves Are All-Important I must say a word about all important spiritual reserves, There is an old saying: "Trou bles never come singly." When things are going well it is easy to forget God and the Church and Prayer. Then when troubles come we complain because we cannot quickly get that all-pow erful help from Faith for which we are so hungry. To enjoy spiritual help in timo of trouble, we must build it up In our daily lives when things are going well Before going to bed tonight read in your Bible how Jesus ended up His famous Sermon on the Mount as told In Matthew, chap ter 7, verses 24-29. DELAY INCREASES CANCER DEATHS The average retailer now li carrying only a portion of the items normally carried. More over, the supplies of these Items re much less than normal. Put ting these two factors together It will be seen that much more capital will be required to carry normal Inventory as Inflation progresses, Certain big corporations now have the reserves to weather the Inflation storm; but this is not so with the small merchant or manufacturer. Many small stores will some day be crowded out. Thli will not be due to "bigness" but because the large concerns are now saving their profits and are paying small dividends while the little ones are pulling out all their profits for their families to spend foolishly. Money In Bank Is Oood Reserve There are many ways for small businessmen to store up reserves. What I have said above to wage workers applies also to shopkeepers and little manufac turers. Now is the time to spend money and hours on study to become more efficient In your own line, Of course, money in the bank Is always a good re- Chicago, Feb. 15 (ll.R) Dr. Morris Fishbeln, editor of the American Medical association Journal, said today that the num ber of cancer deaths could be re duced if people would overcome their fear of the disease and seek early medical treatment. Writing in Hygela, AMA health magazine, Fishbeln said one of the greatest problems in cancer control is the "difficulty of getting the patient to seek medical care soon enough to per mit medicine to do for him all that can be done." 'In many instances patients frequently . delay because of ignorance or fear in seeking medical care," he said. "In some Instances, of course, doctors fall to carry out enough scientific study to detect the presence of cancer that la not easily detect able. HEALTH WORKERS RE Complete Factory Approved SAFETY SERVICE Chrysler. Fac tory Engineer ed end Inspect ed Parts lor Chrysler Dodgt, Plymouth Dodaa Tnirlra DODGE Job-Rated TRUCKS L G. TAYLOR CO. 112 So. Riverside Phone 2965 Dvpfnrtablt 1 SERVICE British GI Wives Ask Ambassador To Save Romance London, Feb. 15 (U.R) GI wives, one In tears and another carrying a baby in her arms, ap pealed to U. S. Ambassador John O. Wlnant today to save English girls' marriages from American divorce courts. Mrs. Frank Waters, who brought along her nine-months-old son, told Winant her husband had written from Los Angeles, Calif., to tell her their marriage was "a mlstnke." She sii Id she had received sev eral copies of her husband's di vorce complaint In which he ac cused her of "mental cruelty." "He said that after I had lived with him for only six weeks," Mrs. Waters told Wlnant. "How can I defend myself from 6,000 miles away?" Mrs. William Miller broke down and cried as she told the ambnssndor that her husband, who lives at Gallon, O., was "try ing to nuiko out he Is not the falher of my elght-montlis-old child." SOCE STUDENT BODY OFFICERS ELECTED Southern Oregon College. Ashland, Feb. 15 At a special election Wednesday the Associ ated students of the Southern Oregon College of Education elected the following new stu dent body officers: Roland Pip er of Klamath Falls, yell leader; Bennett Loftsganrd of Klamath Falls, song leader: and Harold Peterson of Medford as pep pro moter. All three new officers are veteran.-. SAWDUST Good Clear Dry Fir Dust Fine or Coarse PROMPT DELIVERY SLABS and BLOCK MIXED NOW AVAILABLE Phone Central Point 673 Jacksonville 28 1 Medford 6541 Central Point Fuel The Junior group of the Jack son County Public Health asso ciation was reorganized as the Medford Health unit Tuesday, when the group met for lunch eon at the Hotel Medford. Mrs, Robert Sleeter was named chair man of the unit and Mrs. Walter Graff, secretary. Mrs. Sleeter succeeds Mrs. John S. Day, re tiring chairman of the Junior group. The first Friday in each month was decided upon as regular meeting day for the unit. Pre ceding the election of officers Mrs. Elwood Hedberg, president of the Jackson County Public Health association, thanked the group for the outstanding work done during the past year in the chest X-ray project, for which Mrs. Dwight Flndley was chair man, and the annual seal sale for which Mrs. Glenn A, Gib bons was county chairman Mrs. Day Chairman Reappointment of Mrs. Day as chairman of the cancer cam paign, which will be carried on in April, was also announced. The group then voted to again assist Mrs. Day in carrying on the campaign throughout the county. A resume of the chest X-ray project, conducted early in De cember, was given by Mrs. Flnd ley, who served as county chair man of the drive through which 2800 residents of this county were given free chest X-rays. Six or seven early, active cases of tuberculosis have been reveal ed through these X-rays, Mrs. Flndley stated. The survey is not yet complete as all follow-up pictures have not been reported upon by the Portland readers, These cases, she pointed out, were previously unknown and would probably not have been discovered until in much more advanced stages had the survey not been conducted. The enthusiastic reception giv en the drive by Jackson county citizens was praised by Mrs. Flndley, who expressed the hope that the mobile unit of the Ore gon Tuberculosis association, will return to Jackson county at an earlier date this year than in 1945. Requests for the early re turn of the unit with its efficient staff of X-ray technicians have come In from many sections of the county, she stated. Livestock Portland, Ore., fmb. 15 (U.P.) Livestock: Cattle 49, calvea 30. Nothtnl on sale to teit market; nominally itcacly. Hog 35. Sixteen head good-choli-e barrows and lUta 313 lbs. steady at S1SB0; small lot 320 lbs. at S15.00. Sheep nothtnl offered early, nom inally ateady. mf rtealtfy good eM ehofeo M wooiea western lamDS siao u S15.50; several loads medium and good Sli.00 to S14.75. Portland Produce Whole, S3 to. Portland. Feb. IS (UP sale market prices: Cauliflower Local. No. 1 ISO crate: California 12 83.3 Lettuce California S4.5-4.75 crsU onions Green, California 51.40- lAO dot. Duncnes. Chicago Wheat ChicMO. Teh. 15 fU.P.l Wheat Open High Low Close May 180'. 180'. 180 fa 1 RO , B July..... 1B0,B Sept 180'fc UOlfa 280 ISOijB Dec UOlaB S. F. DAIRY PRICES San Francisco. Feb. 15 (U.R) Dairy prices: Butter: 93 score 48. 92 score 48, 90 score 47. Cheese: Loafs 28.18-31-93, trip let 27.18-30.93. Eggs: Large grade A 4lVfc, me dium grade A small grade A 33V&, .large grade B 37V. 15 South San Francisco, Tab. (UP.) Lstveitock: Cattl as, ateHdy: few mitt era-common 80-U; for waek receipt niW; Hood ateen, heifer and range cowa scarce; about 0 loads mod turn to good iteera 8M.75-15 .50; one load 1,111-lb. at 818; medium-trood helf are t)i3 .30-14 .30; bulk c u Hen-common cows Ifi.flO-U; dinners scarce $6.30-7.30: common -medium saunnite bulls $10-11. Calves for week $13. steady; good-choice vealera quoted 814 SO-IS 30. Hogs 100, steady; few barrowa and silt $1580; odd good towt 813 03; for week receipts 800, generally broad demand. Sheep none, ateady; late yesterday about 200 head good 98 lb. lambs 814.75: for week recipts SI. 200; lambs 33 and 50c lower; ewes steady; choice lambs scarce; bulk medium good $13-30-14.30; good wes 87 down. Wall Street New York, Feb. 1J(U.R) Hope ran high In the financial district today for early settle ment of the 'steel and General Motors strikes and stocks moved up 1 to S points In the best ad vance since January 28. Trading increased on me recovery. Highest priced Issues made the widest gains although advances were spread throughout the list with all groups participating. Steels were bid up to within few points of their recent highs. Preliminary closing Dow-Jones stock averages: Industrial 203.09, up 3.34; railroad 66.35, up 1.24; utility 40.73, up 0.59; 65 stocks 76.12, up 1.28. Sales totaled 1,780.000 shares! compared with 1,290,000 yesterday. Today's closing prices on se- lected stocks: . American Tel & Tel 192-Ti 1 Anaconda 50 Chrysler 135V Curtiss Wright 1114 General Electric 50 General Motors 77 Montgomery Ward 82 'A Penn. H. R 4BVs Phillips Petroleum 52 J. C. Penney 56U Radio 1774 Southern Pacfilc ..... 64 '.-4 Standard Oil of Cal 46'4 Texas Gulf Sulphur 51 U Transamcrlca 1934 United Alrcrafts 35' U. S. Rubber (XD) 70 'A U. S. Steel 95 HEREFORD SALE ON MARCH 15TH Hereford breeders of Rogue River Valley and adjacent coun ties of Northern California will hold a spring sale of breeding stock at the Medford fair grounds, on March 15. This sale will give range stockmen oppor tunity to replenish their herds and for the small breeders to buy purebred females. Fifty-five head of animals In cluding forty head of females have been promised for this sate and consignors are as fol lows: Flounce Rock Ranch. H. E. Conger, G. E. Pierce, Mount- crest Ranch. Bert Hoy, L. H. Reich, J. W. Bigham, Blue Moon Ranch, Charley Bros., Horton Hereford Ranch, Ralph Cook, Claude Snead, A. W. Leo. These breeders have some of the best cattle on the Pacific Coast and a good sale, both from the buyers and the sellers standpoint, is anticipated. The sales committee consists of Si Williams of Flounce Rock Ranch, John Day of the Blue Moon Ranch, G. E. Pierce of Medford. Freddie Chandler will be auctioneer. Closlne time for Sundav Ton Lata to Classify 4:00 Saturday afternoon r-iease remember Chamber Managers Elect Klamathite State Body Chief Portland. Ore., Feb. 15 flJ.PJ Charles Stark, manager of the Klamath Falls Chamber of Com merce, was the new president today of the Oregon chamber executives after conclusion of the two-day conference here. Others elected to office Thurs day were: Oregon G. Allison, manager of the Pendleton chamber, first vice-president; Chester A. Moores, Portland chamber presi dent, second vice-president; Lu cille Archer, manager Coos Bay chamber, secretary-treasurer. Howard Steib, manager Bend chamber: C. W. Thornberry. Grants Pass manager;- R. Ed Steele, Hood River manager: E. Burr Miller,- president Salem chamber, and John Aschim, man ager Tillamook chamber, direc tors. Stark was directed to appoint a committee to sound out public opinion as to a suggestion that Oregon counties hire a perman ent representative In Washing ton. D. C, to give special atten tion to Oregon problems. Judge Herbert K. Hatma yester day. The court desires to ascer tain If they have been in any previous trouble in their home town. The youths assertedly stole the auto belonging to Shelley Kil gore of Klamath Falls, to come to this city to see the Medford Klamath Falls basketball game last Friday night. One of the youths reportedly hit state policeman on the jaw shortly after he detained them. Closing time for Classified Ads 8:30 a.m. Too Late to Classify 12:15 pjii WEATHER Northern California; Light showers -today, clearing late to. night. Cooler. Fair Saturday, but cloudy in extreme north portion. Moderate south wind off coast,' shifting to northwest this after noon, t SENTENCES POSTPONED FOR KLAMATH YOUTHS Richard C. Frost and Kyle H. Molgard, Klamath Falls youths. both under 18 years, charged with theft of an auto, entered pleas of guilty and their sent ences were postponed pending further investigation by Circuit REFRIGERATION Commercial Sales and Service Phone 6171 COMPLETE WATCH REPAIRS IN 1 TO 3 DAYS Watches . Stop Watches Chronographs Recorders J K's Timepiece Specialties 21S Medford Center Bldg. SELL NOW! YOU WILL GET THE HIGHEST CASH PRICE FOR YOUR PR from ROGUE RIVER CHEVROLET 9th and Bart left Phone 2288 KENTUCKY HONORS F. H. Frankfort. Kv.. Feb. 15 U.R) Kentucky today became the first I state to make a legal holiday of! January 30, birthday of the late President Roosevelt. The state! senate overrode Gov. Simeon Willis' veto of the birthday meas- j ure by a 20 to 16 vote. Closlnt time tor Sunday Too Late I to Classify 4:00 Saturday afternoon Please remember A I Chlcatto. Fab. 18 U. P.) (USD A) Livestock: Hog: 4,000. Arllvt: itfitrly; food and choice harrows and gUta 8.1. Iha ceiling; Bows at 14.10 cctltrnr. Most iterm $1400 to 16O0; b"t $111.60; moat lirlfers $13 90 to $15 00; short loud $1(1 50: AO head short-fed 1 .000 lbs. medium to goodgrade steer si3-4i. Sheep: 7.000. Slaughter lamha and 1 M n"-i i-N.,pm-Ftt, or bow AEROMIST madt wtrytbing crystal' clear! N wornta Mr. Smith thought ha wqi fey. fng in o gaitJtxv Tfv chryianfhvmvmi ovl tide hit window were to door and booy WW ho f ho OMtd reoch out end touch thorn. Iwt Ms tmoft Kftlo wifo oaoiomod that M only looted Ihot wy becovM the mod Aefomrif to keep hor wMowt M door et ok. Vov, loo. con mefco th wholo worid loot extMf V AofonWtl on your window. Try jjra " W pKTwr giois, metro j, CWT, 1 loittabbtopi,gltm 'A OA lhotoi.itidiii.s.lda IU vJeviortolouoi. "X wonder, wtxhing A BOtHo COitl only I0c. 1 IV TtP F&M We VZSVRTKiDS-. Spoon into grapefruit flavored by the desert sun Tlie clean, bright skin of our grapefruit r clue to whafe inside. Yea, bright, golden segment! await yoat j V 1 unffy )utr Ha- Tutru ny me desert iin. stored rich with eiUmin C. It's lue- . cioua, healthful eating to be enjoyed often. Serve Desert Grapefruit fcr brkfaat.or court. And uae tt in ealads and deeaarU for a tempting and unusual flavor. Desert tinipejruit Its. ttustnr. 74 a Central Ar, Loa Angel SI, California. ARIZONA-CALIFORNIA PAYS TO BUY AT LUMANS' MM AM TELEPHONE 2239 MAIN AND BART LETT A Complete Food Department Store Filled With a Variety of Sold to You Fresh When Flavor Is Best POhK FRESH SIDE lb 23c Pot Roast ;r- lb 25c DILL PICKLES 3 for 10 LAMB LE? Fin Roasted lb 38c A Good Supply FRESH RENDERED LARD Nice line of Choice Lunch Meats for that Lunch or Snack Short Ribs S lb 20c BEEF BONELESS Cut in Cubes lb 30c It always Pays to Buy Your Meats at Lumans STEAKS a lb 35c ROASTS lb 25c Good Supply of Choice Hens Young and Fat STEAK ,r: lb 35c RABBITS '; . Mb 48c Saturday Special in Our W Dept. Devonshire Coffee Cake ea. 39 GOOD SUPPLY GRAPEFRUIT XL GOOD SUPPLY KERR LARGE LIMA BEANS 2 37 DEL MONTE PUMPKIN "?15c S and W PRUNE JUICE ZV Campbells Tomato Soup L 29e MILK-Tall Cansl0c o,c,s.$469 See Our Large Stock of CANNED FRUITS and Vegetables GRAPEFRUIT ORANGES Coachella Dr. Forbes SUNK1ST 200 Size 4 for 27c Dozen 37c CALAVOS Ripe for the salad ONIONS, Yellow Danver No. 1 3 lbs. 25c POTATOES, Klamath No. 1 15-lb. sack 69c 9c ea. Grapefruit
