TWO MEDrORD (OREGON) MAIL TRIBUNE
Monday. October 22. 1956
Women Don't Have Knack of
Stock Market, Expert Says
By GAY PAULEY
United Press Correspondent
New York (U.PJ A female
financial expert (aid today that
women don't have the knark of
making a killing on the stock
market.
"Not that women are stupid,"
said Mrs. Harriet Gardner Pal
mer, whose maxim is "hardly
anything is more fun than mak
ing money."
She said a woman usually
does all right with the household
pennies. And women frequently
make big salaries in business
and the professions. In thee
cases, she said, women are deal
ing with tangibles.
"But playing the stock mar
ket calls for mathematical de
duction, for thinking in abstract
terms," Mrs. Palmer said.
"In these, the men excel. Our
brains seem to operate different
ly from theirs. Women do not
take naturally to weighing some
thing vague and only guessed
at, against something else that
has abstract qualities."
Women Do Paper Work
Mrs. Palmer, an old-timer on
Wall Street, said "thirking
through" on stock investments
involved all sorts of abstractions
how a stock's value will be
affected by, say, the threat of a
strike in the steel industry, or
by a new action of the Federal
Reserve Board.
"Wall Street is swarming with
women," said Mrs. Palmer. "But
you know where they are . . -they're
clerks, secretaries, sales
women. They're doing the paper
work. The men are the ones in
the big money."
But she immediately offered
encouragement to all the gals
eyeing the potential gold in
stock transactions.
"Women CAN learn how to in
vest," she said. "I'm an example
of what I mean."
Mrs. Palmer, a brisk little
woman in her 50s, started learn
ing the basics of high finance by
working as stenographer and
bookkeeper In Wall Street dur
ing the early 1920s.
"Handling all that ticker tape
gave me ideas," she said.
It wasn't long until she was
purchasing securities "on bor
rowed money,' she said.
Always Borrowed
"I always borrowed. But for
heavens sake don't advise other
women to do the same for in
vestment purposes. It can be
deadly. You have to know what
you're doing."
Eventually, Mrs. Palmer and
her husband, Harold, formed
their own underwriting concern
in the financial district. She
since has been a partner in sev
eral firms and an officer of a
large East Coast timber company
owned a big chunk of stock.
They retired in 1949 and "are
living quite comfortably, thank
you, on our investments." said
Mrs. Palmer. They live in
Georgetown, Conn.
Mrs. Palmer has put some of
her findings in a book called
"How To Become a Woman of
Property" Henry Holt company,
which will be published Novem
ber 5.
First Session Held
By Jefferson PTA
Jefferson Parent-Teacher asso
ciation convened October 12 for
the first meeting of the school
season. Mrs. Fred J. Simcox, unit
president, presiding over the
meeting. Other officers intro
duced were the vice president,
Mrs. E. H. Pesenti; secretary,
Mrs. Ira V. Lawrence; treasurer,
Mrs. Dale Franklin.
Committee chairmen are Mrs.
Bill Barnes, membership; Mrs.
Mike G. Wager, hospitality;
Mrs. Lawrence W. Buonocore,
ways and means; Mrs. A. L.
Nash, room representative; Mrs.
Lee Bray, publicity.
As an incentive for a large at
tendance of mothers, a room
count is taken at meetings. The
room represented by the most
mothers receives as an award a
View Master, with extra films.
Mrs. William C. Stoughton's
first grade had the greatest
number of parents in attend
ance, and Mrs. A. L. Nash made
the presentation to Mrs. Stough
ton. Should the same room win
three times in succession, it auto
matically will keep the View
Master, and another will be
purchased.
Albert Huntemarin, band in
structor, asked the PTA to con
sider buying one new instrument
a year. Anyone with band in
struments at home is asked to
donate them as the band is in
need of more instruments.
The meeting adjourned with
refreshments.
1
Two Beauticians
Attend Meeting
Mrs. Maxme Hammond and
Mrs. Millie Cook Anderson,
members of the Medford branch,
Oregon Beauticians' association,
attended an educational show at
the Eugene Beauty college yes
terday.
The show, sponsored by the
fashion committee of the as
sociation, was the largest such
project ever attempted by the
committee, it is reported. Both
Mrs. Hammond and Mrs. Ander
son are embers of the local fash
ion, committee.
Abilene, Kans., boyhood home
town of President Eisenhower,
drew its name from the third
chapter of Luke in the Bible.
The Abilene of biblical days
was a province in northern
Palestine.
Society
Junior Unit
Of Red Cross
Has Session
Fred S. Sigrest. assistant di
rector of Junior Red Cross for
the Pacific area, addressed the
first fall meeting of the Junior
Red Cross in Jackson county
held October 16. 'Jacksonville
members were hosts for the
meeting. '
Miss Barbarba Swanson of
Eagle point school presided.
Programs and projects for the
school year were discussed and
plans made for Thanksgiving
and Christmas aid for the needy.
Entertainment and comfort arti
cles will be provided by the jun
ior members for roen at Camp
White and the rest homes in the
county.
Junior Red Cross activities in
the county are under the direc
tion of Mrs. John S. Day and
her co-chairmen, Mrs. Joe Hear
in. On the sponsor committee are
Mrs. Meyers D. Jones, Mrs. Rob
ert A. Johnson and Mrs. George
E. Stacey.
Jacksonville representatives
attending were Clara Anderson,
Dick Crowley, Romelle Fossen,
Linday Hardy, Joyce Hawkins,
Martha Minshall, Jean Smith,
Thelma Wall and the teacher
sponsor. Miss Abby Sturevant.
Crater High school was repre
sented by Marge Cooper, Lynn
Holder, Kay Johnson, Jo La
Casse, Sue Leedy and Sharon
Mayfield. Others attending from
Eagle Point were Gary Foran,
Renage Hicks, Charles Petti-
grew, Darlene Smith, Sandy
Straus and Vera Wood.
Hedrick Junior High school
was represented by Sherill Bled
soe, Janet Crawford, Bud Far-
ris, Art House. Larry Little, Dar
rell Miller, Bert Pierce, Rose
mary Rawstern, Bill Thompson,
Deanne Tomlin, Yvonne White
and Susan Yoder. St. Mary's
school was represented by Bob
Farra and Larry Schoecher.
Also attending were Mrs.
Frank Fairweather, volunteer
field consultant for the Red
Cross; John Sutherland, field
representative for western Ore
gon chapters, and Mi. Helen A.
Wilson, executive secretary of
the county chapter.
Mrs. Arlene Fitzgerald of
Ashland is exhibiting five of
her paintings at Frake and
Smith store in Medford. Mrs.
Fitzgerald is a member of Sou
thern Oregon Society of Artists
and served as secretary of the
society for two years.
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Bethel Sponsors
Dinner at Hall
The regular bi-monthly meet
ing of Bethel 14. Job's Daught
ers, was held Wednesday, Oc
tober 17 at the Masonic temple.
The meeting was preceded by
a potluck dinner for members
and their parents.
Miss Bernice Skoog. honored
queen, introduced Miss Judy
Lobdell, queen and Miss Marcia
Spence. junior princess of Bethel
55, Medford;Mrs. W. S. Spence
and Mrs. WallaceBrill, past
guardian, of Bethel 14.
Miss Skoog announced that
Sunday, November 4, has been
designated as go-to-church Sun
day. Members are asked to meet
at 1:45 a.m. at the Presbyterian
church an"d be ready to attend
the 11 a.m. service.
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Print plainly NAME, ADDRESS
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Student Officers
Are Introduced
At PTA Meeting
First fall meeting of Hedrick
Junior High school Parent
Teacher association was held on
October 15 in the cafeteria. Par
ents were given the opportun
ity to visit the teachers In their
rooms before the meeting.
Wayne Safley presided over a
short business meeting, and Vin
cent Bevis, principal, introduc
ed the teachers to the parents,
and explained what their vari
ous jobs pntailed.
. Mr. Bevis also introduced the
newly elected officers of the dif
ferent classes and of the student
body to the group. John Frohn
mayer, president of the student
body, explained the duties of the
student council, and expressed
hope that, through cooperation
with school authorities "and par
ents, this will be a most success
ful year for everyone.
Mr. Safley announced that the
next regular meeting will be
held in January, since the open
house in connection with Educa
tion Week, will take the place
of the November meeting.
Charter Draped .
By Rebekah Lodge
At the last meeting of Olive
Rebekah lodge the charter was
draped in memory of Mrs. Mary
Pruitt and Mrs. Elva Biden. Tak
ing part in the ceremony were
Mrs. J. D. Brummond, Mrs.
Homer Vinzant, Mrs. Frank
Chapman, Mrs. Fred Daugherty,
Mrs. J. A. Thomasson, Mrs.
Lewis Thompson, Mrs. James
Fleming, Mrs. John Small, Mrs.
Donald Ivie, Mrs. Esther Cole
man and Mrs. Elsie Lewis.
Reports were heard on the re
cent friendship night sponsored
by the Rebekah lodge at Kerby,
Ore., and on the meeting in
Grants Pass at .which Mrs. Fie
Rotgans of Alkmaar. the Nether
lands, spoke. Mrs. Rotgans is a
member of the Rebekah lodge in
her country.
Mrs. Dollie Love, community
service chairman, presented the
FL club in a skit.
Further plans were made for
the annual home-coming Novem
ber 5.
Mrs. C. F. Wallace, Rebekah
from New Mexico, was a visitor.
Agent is Speaker
For Extension Unit
Central Point Mrs. Maude
Purvine, Corvallis, agent-at-large
for the Oregon Extension
service, spoke at a meeting of
Central Point Home Extension
unit October 17. Mrs. Pwrvine
talked on family business and
law. An active question and an
swer period followed, and ex
amples of odd or interesting
cases were cited.
The business meeting was pre-
ceeded by a style show put on
by a group of 4-H girls, under
the leadership of Mrs. Chester
Ashton. Music was supplied by
Mrs. Bernie Moore. Visitors were
Mrs. L. C. Snook, Mrs. Elvis
Arnold, Mrs. Schrier. Mrs. M.
A. Cesaro, Mrs. W. B. West and
Mrs. Evelyn Fredericks.
The next meeting will be No
vember 28, at the home of Mrs.
E. Reames, Crater Lake high
way. The lesson will be on sofa
pillow making.
4
Play Day Held
By Rogue Rangers
Rogue Rangers held a play
day October 14 at Walt Young's
ranch on Barnett road. Games
were played, and show classes
held. Prizes donated by Medford
merchants and ribbons ' were
awarded.
Rocking U Riding school of
Grants Pass was represented by
horses and riders, and took
home a number of prizes.
Judges for the games and
classes were Larry Flannery,
John Bunker and Pat Murphy.
Dave Sheppard provided a pub
lic address system.
Lady Lions Meet
At McGeary Home
Phoenix The monthly meet
ing of Phoenix Lady Lions was
held at the home of Mrs. M. Don
ald McGeary, 3745 Calhoun
road, October 11. Mrs. E. R.
Claflin was co-hostess.
A report on the district work
shop held recently in Grants
Pass was given by Mrs. Leonard
Halfhill. The Phoenix auxiliary
has been asked to be in charge
of the dinner for the yearly visit
of the state officers to this dis
trict. No date has been set as yet.
Guests to Attend
Altrusa Meeting
Guests will be invited to a
meeting of Medford Altrusa
club to be held Thursday, Oct
ober 25, in the home of Mrs.
Ann Finley.
The last meeting was held at
Rogue Valley Country club.
Mrs. Bereth Hopkins, county
clerk, explained the duties of
her office in connection with a
general election.
Miss Grace Smith, president
of the Medford club, reported on
a district workshop In Portland
which she attended.
Hostesses for the meeting
were Mrs. Adrienne Dippel and
Mri. Finley.
AIL IE NIMH
Monday:
6:30 p.m. Medford Toast
masters club, Medford hotel.
7:30 p.m. Parents Home Ex
tension unit, home of Mrs. Wil
liam Jensen, 502 South Holly
St.
8 p.m. Crater PTA, school
cafetorium.
8 p.m. Hammond Oregon
society, at Purucker Piano
house.
8 p.m. Scottish Rite Worn-
Phil Silvers, Bride
Postpone Honeymoon
New York (U.PJ It was
back to work today instead of
a honeymoon for comedian Phil
Silvers and his bride, Evelyn
Patrick.
Television commitments will
delay until . around Christmas
time a honeymoon for fast-talking
Sgt. Bilko of "You'll Never
Get Rich," and the girl who de
livers the commercials on "The
S64.000 Question."
The two were married Sunday
in a "spur-of-the-moment" cere
mony in Woodbridge, Conn.,
with a wedding ring borrowed
from the couple who introduced
them and were their only at
tendants. It was the second mar
riage for Silvers who was pre
viously wed to Jo Carol Denni
son, Miss America of 1941.
The young blonde said she
would concentrate on being a
housewife as soon as her current
committments are filled. The
couple celebrated afterwards
with a cake and champagne reception.
Angry Motorist Rams
Car Into Pedestrians
Cedar Rapids, Iowa (U.R)
A motorist accused of deliber
ately ramming into six people
with his car was charged with
assault with intent to murder.
Police said - James Williams,
35, injured the six Saturday
when he drove his car onto a
sidewalk and into the people
with whom he had been argu
ing. Witnesses said the argument
began when twe ' of the group
urged Williams, to leave his three
children with" them because he
had been drinking.
Williams allegedly threaten
ed the group with a knife but
was overpowered and disarmed.
He drove off but returned in a
few minutes, swerved onto the
wrong side of the street and up
onto the sidewalk.
Three persons were hospital
ized. Three others, including a
child, were treated and releas
ed. .
Us Mail Tribune Want Ada
Tha Low Cost Way to Sell
en's club. Masonic temple.
8 p.m. Women of St. Mark's
Episcopal church, at parish
house.
8 p.m. Women's Mission
ary circle, Berean Baptist
church, at home of Mrs. J. B.
Johnson, Eagle Point.
Tuesday:
10:15 a.m. Woman's Soc
iety of Christian service, First
Methodist church, chapel.
11 a.m. Woman's Society
of Christian service, Schweitzer
room. First Methodist church.
12 noon Kiwanian Dames,
Mrs. W. J. Moreland, 123 Van
couver ave.
1 p.m. Howard Garden
club, home of Mrs. John Crock
er, Coker Butte Td.
1 p.m. Women's associa
tion. First Presbyterian church,
Social hall.
1:30 p.m. Rogue Valley
Herb society, home of Mrs. Ot
to Nagel, one-quarter mile east
of Eagle Point on Brownsboro
road.
Seeking Justice Post
Portland iU.R) Multnomah
County Surveyor Peter Welch
announced here Friday he would
be-a write-in candidate for Ore
gon Supreme Court justice, posi
tion No. 1.
Welch would enter the race be
tween the present appointed jus
tice, William McAllister, of Med
ford, and Circuit Judge David R.
Vandenberg of Klamath Falls.
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You'll add months to the life of
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Please phone Medford 2-7471 for
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