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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (June 28, 1957)
o u EIGHT MEDFCRD (OREGON! New Key To Market Profits Said Way To Make Capital Gains By ELMER C. WALZER I have found such confidence in United Prest Financial Editor long term growth and prosper- to make biz capital zains in the coming decade, steer away from the "favored fifty ' and find a new Key to market prof its, says a vet eran broker. Gerald M. Loeb, a senior partner of E. F. Hutton & Co., stre s s e d this method before a group of University of Verm ont timer Waizer students studying the ways of 'all Street during their summer vacation. Loeb urged finding me thods of trading outside those hich everyone knows. And he suggested charting an investment nnlicir r. .. .. liMrc . w I I ihl Zr "--": .h.t.u .11 me w.m auj rf- ing decade. Admitting that stock risks are much higher today than they have been in the past, he saw no over all bear market in the making He based his reasoning for uch opinion on the diverse trends of various industry groups and a belief that dispos able income and consumption nil remain high. He said we re living in an era of optimism even though the business pic ture isn't all it is popularly sup posed to be. "There are many lines that are concerned with narrowing profit margins," he said. "Yet Pure Flattery! 9118 sizes 1720 -fIT -i A Printed Pattern that's pure flattery! Soft, feminine lines a style that looks beautiful in any fabric, on any occasion. You can base a year 'round wardrobe on this wonderful dress three sleeve versions, all easy sewing! Printed Pattern 9118: Misses Sizes 12, 14, 16. 18. 20. Size 16 requires 4 yards 35-inch fabric. Printed directions on each pattern part. Easier, faster, ac- curate. Send Thirty-five cents in coins for this pattern add 5 cents for each pattern for lst-class mail ing. Send to Marian Martin, care of Medford Mail Tribune. Pat tern Dept., 232 West 18th St. New York 11. N Y. Print plain ly NAME. ADDRESS with SIZE and STYLE NUMBER. SAVE MONEY! DO IT YOURSELF! RESTORE IEAUTY TO YOUR PLOORS WITH A g I.TED SANDER o IoT 0erte Cimm mm4 Dustlex Wa Bafc aVerything Yu Ipjtt) law letinishing jriairj If KMIWAtfSI f - if, i III MAIL TRIBUTE if over production or a profit squeeze exists in a com pany the attitude is to continue in the long run there will be a need for it." ; He believes the international situation will remain threaten- ing even though the current news suggests that it is improv ing. He said the excess optimism that marks current times makes for a relatively weak technical situation for the market. Commenting on various grqups of stocks he noted: Steels are rated low because they lack romance. Profits will come from a gradually increas ing investment rating. Railroads, another low-rated group, can make money in a big way when modern owner- ship management takes over A i I t:. tie bear market, but he feels this is only temporary. AIR CONDITIONING The sleek new Friday. June 28. 19S7 New York Mayor Candidate Picked New Y'ork IP New York Republican leaders Thursday night chose Robert K. Christen berry. hotel executive and for mer New York state athletic commissioner, to oppose Demo crat Robert F. Wagner in the race for mayor next November. Christenberry. 58, was appoint ed state athletic commisisoner in 1951 by the then governor, Thomas E. Dewey. He is a na tive of McLemoresville, Tenn., and was a cub reporter on the Washington Herald in the 1920s. As a hotelman, he headed the Broadway Assn. for 15 years and was known as the "unofficial mayor of Broadway." He was president of the Hotel Astor until two years ago when he as sumed the management of the Hotel Ambassador. Christenberry has never held public office, but he was active in civil defense work during "World War II and once served in diplomatic posts in Vladi vostok and the Dominican Re public. Dead line Sunday Classified noon Saturday. TEMPERATURES MADE TO ORDER-AT Corvette ond Chevrolet Bel Air Convertible Every CI my is a Corvette at heart . . . because every Chevrolet shares Corvette's sports car steering, quicksilver responsiveness, its readv-for-anvthing roadabilitv. And once you've sampled these, you won't settle for anything less! In plain fact, a Chevy does give you an un seen bonus you don't get in other cars. It's the built-in stability, the accurate handling, tZl it Eiif ! 4 . 4 Mil FAMED CARTOONIST DIES-J. R. WilUams, NEA Sen' ice, Inc. cartoonist and creator of "Out Our Way," died at Huntington Memorial Hospital in Pasadena, Calif. He was 69. He had suffered a relapse following a recent operation and was returned to the hospital last week. A heart condition complicated by the post-operative condi tions was assigned as cause of death. NEW lO'.V COST. GET A DEMONSTRATION! the geared-to-the-road security that derive from our experience building America's only true sports car. This doesn't show in the showroom, of course. But you can feel it the minute you wheel a Chevy out on the road. There's an extra sense of confidence that comes from its beautifully balanced weight distribu tion, a new relaxation that stems from its precise, instant response to steering, brakes and throttle. And you discover a sub conscious trust in your ability to place a its Only franchisee! Chevrolet dealers ";fffilj display this famous trademark See Your Local Authorized Chevrolet Dealer if v. ft &?&sr l?t S Typhoon Baiters Northeast Asia Tokyo flfl Torrential rains and floods spawned by Typhoon Virginia battered north east Asia Thursday and Friday, leaving a trail of at least 86 persons dead and missing in Formosa and Japan. Virginia died out Friday in the China Sea. but the down pour which followed battered Japan heavily throughout the night. Reports from Taipei said floods killed 29 persons in Na tionalist China and 16 others were missing. More than 3,000 persons were homeless and about 500 houses destroyed. Twenty-thousand per sons were still threatened by the floods in the southern part of Formosa. Unofficial reports received in Tokyo said floods, landslides, cave-ins, and other accidents re sulted from the deluge that kill ed 30 persons throughout Japan and left 11 missing. Washington HP T h e House irrigation and reclamation sub committee will resume hearings next week on a bill authorizing a government - financed "high" dam in Hells Canyon. Chevrolet exactly where you want it to be, in traffic or on turns. This is a real bonus you don't have to give up anything to get it. Take it away and Chevy would still be ahead of the field in ultra-efficient engine design, in the craftsmanship of Body by Fisher, in the quiet good taste of styling, in the velvet hush of its ride and the solidity of its con struction. But you can't separate that Corvette feeling from any Chevrolet it's built in. Try one and see! Exhibits from Area Planned at GP Fair Grants Pass Jackson county is expected to have a large repre sentation in exhibits at this year's Josephine county fair, scheduled Aug. 8-11. Among exhibits this year will be the national needle craft anj photography divisions, accord ing to Lee Boner, fair manager. Kirk Braun, former Oregonian photographer, will serve as one of the judges in the photo con test, according to Bob Gabriel, superintendent. Boner has extended a special invitation to Jackson county res idents to attend and participate in the fair. The annual fair premium book will be available upon request from the fair office on or after July 10. The book lists all rules and directions for contestants, officials pointed out. Special entertainment as well as an augmented horse racing schedule are expected to attract addtional guests to the county- SAWDUST Phone SP 3-6297 McGin'y Fuel Go. MORE PEOPLE DRIVE CHEVROLETS THAN AXT OTHER CAR FORMER ACTOR DIES Oakdale, N.Y. m Robert Le Seur. 77, former Broadway actor and producer, died Thuri day. owned grounds a half mile from Grants Pass on the Redwood highway MONEY At Crater Finance you may borrow for any worthwhile purpose on your FURNITURE - AUTO SALARY and repay In monthly Install ments. You may choose the terms most suitable to you up to 24 months. Loans may b paid in ad vance or in full at any time. Crater Finance CORPORATION 135 Pine St. - Central Point Phone NO 4-1273 Frank Wilkinson, Mgr. Convenient Parklnf i !
