IX MIDFORD (OHEGON) MAIL TRIBUNE
Tu.iday. June 28. 1958
'Main Streeters' Turn To Stocks; Clubs Earn Place in Investment
New York UPj The biggest
financier! on Wall Street are
counting on the smallest wage
earners on Main Street to keep
business growing during the next
10 years.
They expect carpenters and
shoemakers, clerks and stenog-:
raphers to buy $30,000,000 worth
of stock in American business
between now and 1965.
"A lot of money for machin
ery, plants and equipment is go
ing to come from men and wom
en earning less than $7,000 a
year," a Wall Street executive
said. "The days when business
expansion could be supported by
the very wealthy alone are
over."
Clubs Support Business
G. Keith Funston, president of
the New York Stock Exchange,
thinks men and women forming
investment clubs and pooling $5,
$10, and $25 a month each to buy
stocks may keep business grow-
Mongolians Original Inhabitants
Of Americas, Blood Tests Hint
By DELOS SMITH
United Press Science Editor
New York !U.R) In the blood
of Japanese and Chinese, and
American Indians, scientists are
finding an identical substance or
"factor" which may provide the
long-lacking positive proof that
the original inhabitants of the
Americas were Mongolians from
Asia.
To the unitiated mind it is in
credible that science could prove
such a thing in such a way. But
the facts are shaping up, hard
and fast. And here are the facts:
Two years ago scientists iso
lated this unique blood "factor"
from the blood of persons of
mixed white and Indian descent
in South America. Since it was
unique among blood substances,
it was given a name "the Diego
factor."
Systematic Studies Begun
Since many millions of sam
ples of white and Negro blood
have been tested without this
factor ever having been reported,
it semed likely that it was pe
culiar to Indians. But other sci
entists began systematic studies
of Caucasian blood.
In the United States, 1.000
whites were tested; in The Neth
erlands. 200 Dutchmen: in Spain,
150 Spaniards. Also there were
200 individual samples of Italian
blood. But not once did the Diego
factor turn up.
Meanwhile, Miguel Layrisse
and Tulio Arends, Venezuelan
scientists, were following the or
iginal clue-testing Indians. In 170
Caribe Indians they found the
factor in 50; in 152 Arawaco In
dians it was present in eight.
Brazilian scientists found it in
high proportions in Paroa and
Guahibo Indians.
The Layrisse-Arends team had
a hunch. They took blood sam
ples of 100 pure Chinese and 65
pure Japanese living in Caracas.
Five per cent of the Chinese and
12.5 per cent of the Japanese car
ried the factor.
At about the same time. Mari
on Lewis, Hiroko Ayukawa, and
Bruce Chown, blood scientists at
Winnipeg, Canada, and Phillip
Levine, of the Ortho Research
Foundation. Raritan, N. J., had
the same idea. They tested 148
Chippewa Indians in Minnesota
and 77 Japanese in Winnipeg.
The factor turned up in 16 In
dians and six Japanese.
Factors Transmitted
Blood factors are transmitted
from one generation to the next golian. So a theory has been
by the genes of heredity and
genes act the same through
countless generations unless sub
merged by other genes or chang
ed by some accident to their own
individual chemistry.
As is well known, both the
Chinese and Japanese were in
fused with Mongolian blood cen
turies ago. Now if the Diego fac
tor is peculiar to the Mongols
and no other race, ard if the
original inhabitants of the Amer
icas were Mongols who crossed
over from Asia by way of the
Bering Strait, the Diego factor
should be present-in all tribes of
American Indians existmg today.
Both the Venezuelan end Canadian-American
teams suggest
ed that the Diego factor is Mon-
born. Now science will investi
gate the blood of Mongolians and
of more Indians and more Cau
casians and Negroes. The facts so
far- are impressive. Will they
hold up? . '
ing at a pace necessary to meet
the demands of the future.
'"By their size, soundness and
success, clubs have earned a
place in our arsenal of invest
ment techniques particularly
for the apprentice investor," he
said.
Research studies indicate 100,
000 people are investing more
than $1,000,000 a month in stocks
through investment clubs.
James Day, president of the
Midwest Stock Exchange, said
"literally hundreds" of invest
ment clubs have been formed in
the Chicago area during the last
few years.
And A. J. Forgue, a lawyer in
the Illinois secretary of state's
office, said the investment club
idea has mushroomed within a
few years.
Reports from Washington, Dal
las, Los Angeles, San Francisco,
and Atlanta indicate members of
investment clubs are as happy
with the results as Wall Street
is with their formation.
"I don't know of a better way
to get started in the stock mar
ket," said R. C. Gilbert, an At
lanta airline employee who
formed a club of 20 members
who pay $10 a month each into
an investment fund.
"If more people got into in
vestment clubs there'd be a whole
lot less mysticism about Wall
Street and stocks."
Gilbert said his club is making
a handsome profit on its stock
market investments and learning
a lot about finance at the same
time.
"We pool our knowledge and
DID THEY? I radios from this window pleas .
Grand Rapids, Mich. U.R) come in and get the cases, as
ideas and get expert consultation
from a broker before we finally
buy stock," he said.
"I suppose the chance to learn
more about the stock market had
as much to do with me forming '
the club as anything."
Filbert s investment club has
concentrated on stocks in such
fields as grocery firms, electron-;
ics, utilities, oil and airlines. i
"We get together on the second
Tuesday of each month and get :
all the expert advice we need
without having to water! finan
cial developments too closely,"
he said. "In 15 or 20 years all of
us hope to have a good nest egg
built up through the club.
"The great thing about it is
that we'd all probably let that j
$10 a month slide down the drain i
anyhow. How can we lose?" !
A sign in a local radio shop
read: "Will the person or per
sons who stole the transistor
we have no use for them now.
The empty cases were next to
fthe sign.
When You
See
GEORGE LEWIS
ROGUE TRAVEL SERVICE
A FREE SERVICE
We Reserve and Sell Airline and Steamship Tickets
PHONE 2-6779 LOBBY HOTEL JACKSON
SOFT LANDING
Madison. S.D. U.R) Arnold
Schrulz, 31, an electric com
pany lineman here, fell 40 feet
and was not even hospitalized,
Schulz' climber broke loose as
he was descending a pole. He
toppled backward and plunged
an estimated 40 feet into about
three feet of snow. Injury:
sprained ankle.
Dm Mail Tnbuiw Want Ada
San Francisco Candy
Plant Ruined by Fire
San Francisco W.R) Damage
was estimated today at $200,000
from a fire that raged through
Blum's candy factory in San
Francisco's industrial section.
The fire broke out about 7:30
p.m. Monday. About 150 fire
men using 50 pieces of equip
men fought for nearly a hall
hour to control the blaze. Two
iiremen were slightly hurt.
The fire started either in the
kitchen or in the plant's garbage
disposal unit, fire officials said.
Robert T. Beattie, president
of the company, said the plant
was "100 per cent gone."
'The worst loss is the loss of
formulas and our records," he
added. "They were wiped out."
Beattie said the company will
be back in production in about
two weeks at a new location. He
said the loss is covered by in
surance. The company has 17
stores and 50 outlets.
Marilyn Monroe To
Marry Next Week
Roxbury, Conn. (U.R) Mari
lyn Monroe and playwright Ar-;
thur Miller relaxed today at
Miller's country home and made
plans for a marriage sometime
next week.
Both met newsmen briefly
Monday.
"I guarantee there'll be no
wedding this week because I
haven't been able to complete
the arrangements," Miller said.
' We'll probably be married up
here next week." He said only i
a few people would be invited. 1
The two were accompanied
Sunday to the country retreat
by Miller's mother, Mrs. Au
gusta Miller, and his two chil-;
dren. Jane 11, and Robert, 9.
Miller and his wife, the for-;
mcr Mary Slattery. were di- j
vorced recently in Nevada.
FINEST
KENTUCKY
WHISKEY
POT
INTO GLASS!
Enjoy this historic favorite, now available , in a
milder, loucr-priccd 86 Proof bottling as a companion
to the renowned 100 Proof Bond.
- 86 PROOF
Kentucky Straight
' Bourbon Whiskey
SO 10 $J80
.JPT. "sqt.
OLD CROW
Aha ocWc OU Cm 100 fyoaf Bcttttd m Bond
'GREATEST NAME IN BOURBON"
OLD CROW DISTllLESV C0 DAT. .Of NATIONAL (WT. PROD. CORP., FRANKFORT. KY.
iiencAnn
FENNEY'S
FOR YOUR SUMMER SHOE WARDROBE
SHOES FOR ALL THE FAMILY
s " . V':. 7 ;:U.':- " Xv:.,:- . . 1
your private air-conditioning!
NYLON MESH FLATTIES
Summer air-conditioning ar your
feet courtesy thrifty Penney's!
Open, airy nylon mesh pumps
with the look of fine straw, fash
ionably low cut. tapered, bow
trimmed. Sanitized.
to?
sizes 5 to 9
AA & B
Her Favorite Day-Long
Casuals! COLOR
BRIGHT SANDALS
298
Sizes
5-9
Gay straw-like fabric vamps and
Penney's tiny price will stop you
right off, gals! Styled for comfort
with springy cork platforms, cush
ioned insoles. Washable, sanitized
for cleaner wear.
with correct balance arches
TENNIS SHOES
FOR BOYS
279
Sturdy tupport rhey need for ac
tive sports . . low Penney pric
Mom's budget needs! Cool duck
with non-absorbent sponge cushion
insoles. Washable. Sanitized for
cleaner wear. Sizes 2 to 6. ..-$3.1 9
Men's sizes $3.29
Flexible, Synthetic Soles for
Long, Comfortable Wear
NYLON MESH
298
Sizes 5
AA-B
to 9
Leather covered platforms,' 1 V4
inch heel. Tolex sock linings.
White, black, beige braided trim.
CUSHION INSOLE
TENNIS SHOE
Raited arch with sanitized
linings, machine washable.
Boys' sire 11-2 3.79
Big Boys' size 2-6 3.98
Men's size 6-12 4.29
mwm
Gay garden colors in
PENNEY'S
Stripling
Casuals
AA & B
Sizes 5 to 9
298
Value galore in every pair
of Penney's wedge-heel
flats! Made of slender leath
er striplings . . . they're cool,
open, ready for summer fun.
Sanitized to keep 'em flower-fresh.
Bright, Cool Cut
For Comfort
CASUAL STRIPLINGS
Sizes
5-9
SLIMS and MEDIUMS
398
Penney's sailcloth casuals po high
fashion . . . stay low priced! Look
at the vamps ... a mass of color
ful elasticized striplings! Comfy
cork platforms, cushion insoles.
Sanitized.
i V xs a
cooly styled like Dad's!
BOY'S LEATHER
SANDALS
298
12V4 to 3
s to 12,
2.79
Comfort unlimited for the boys
... lots of Penney value for
Mom! Your choice of crepe-soled
or synthetic-soled versions . . .
both with foam cushioning. Sani
tized. Brown.
I 7 Summer's in view in
d every Penney shoe
I ' SEE OUR J
hl TWO -TONE
1 ' TASSEL ' t
ll.i-'M CASUALS j
Your favorite casuals given the two-tone treat
ment far Summer ... given Penney's value
priced treatment, tool Of soft, airtight leather
. . . they float thru the air on cushioned crepe
soles. Sanitized for longer, cleaner wear.
ID
.For golfing, gardening or ST
98
Sizes 3 to 9
AA t B
HIS FAVORITE
THICK-SOLED
SPORT CASUALS
Manl what a greet value at Penney's
thrifty price! Top quality sport casuals
made of heavy, air-cooled duck with
smooth crepe soles, cushion insoles,
cork platforms. Washable, Sanitized
for longer, cleaner wear. Navy, brown,
charcoal Also in a new Chino fabric.
4 49
LI Sheet to 11