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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 22, 1957)
o Thursday, August 22. 1957 MEDFORD (OREGON) MAIL TRIBUKE SEVEN IF YOU'RE HOT TRADING AT THE GROCETERIA YOU'RE PAYING TOO MUCH! EXTRA FANCY, SMALL MEATY-FRESH FROSTED- IFffiriflEIK cin U ZJ mi 4 to 7 POUNDS AVERAGE Don't Miss This SPECIAL U.S. GRADED CHOICE STEER Ml STEM YOUNG TENDER LEAN CENTER CUT SHOULDER PORK ROAST 47! LEAN FRESH MADE -COUNTRY STYLE ifitiSflSE 45 lb 2 lbs. 88 GROCETERIA'S OWN -It's Very Good -We Make It Here baco SLICED 77 c lb CENTER CUT SHOULDER 'PORK STEM U.S. GRADE CHOICE STEER CENTER CUT WELL TRIMMED mm mast 57! OCEAN FRESH Deep Water Pacific Red Snapper Fillet ' 20-'L 490 This is a very Low Price You should take advantage of it! Meat Prices in This Ad Good Through Saturday, Aug. 24 m ii ii ii ii ii u n it ii ii 1 1 1 1 1 1 i i KZS U U V V U L3UUUU U OJ A A FARM u 1 FRESH PRODUC WAT E KM Prescription for Summer Satisfaction A Big Cold Slice of Watermelon . . . Take Any Time. (L lb. PERSIAN MELONS lb. CRANSHAW MELONS 3)c lb. CAS ABA MELONS 7. HONEY DEW MELONS lb. SANTA CLAUS MELONS lb. Vine Ripened cow CANTALOUPES CD ib. No. I VTiW Grade Melons RIPE 'Traveler' Has Been Working 12 Years To Collect $300,000 From Phony Checks By ROBERT STRAND United Press Correspondent Sacramento, Calif. (IB Be ware of the "Traveler" he is the "nation's champion phonyJ check passer. He has been oper ating for 12, years and his col lections now total about $300, 000. , He also is known to police as P. J. McNeil, but he has a list of aliases 10 feet long. They were accumulated from his ac tivities in 40 of the 48 states. Thousands of detectives have searched for him, but all they catch are nightmares. Recently he cashed a bad check only three blocks from headquarters of California's identification and in vestigation bureau. Fleecing Coast For the last few months the Traveler" has been fleecing the West Coast. When last heard from, he had just written a check on the Willamette Con crete Products Co., of Eugene, Ore. McNeil got his start at Okla home City in 1945 when he, took a job as John L. Stone for a printing firm. He learned "the business quickly. In fact, after three days he departed without even picking up his wages. Instead he printed his own checks and ever since he has been criss-crossing the continent equipped with his own press and scribbling signatures of various purported company treasurers. The "Traveler" spends several days in an area making pur chases from small merchants to win their confidence. Then, on Friday afternoon or Saturday, Turnover of Listed Stock Slow This Year By ELMER C. WA&ER United Press FinanciaFEdilor ' New. York (tB- For those who worry about those things, it might be some comfort to know that in only one year of this century has the turn over of listed shares been as slow as it tas been in 1953. That year was 1942 when stock exchange sales for the Elmer Wauer whole year were only 125,685, 298 shares. That total represent ed a turnover of 9 per cent of the 1,463,295,021 .share then listed. ' " This year has been running at a rate of 534 million shares or a turnover of '11 per cent of the 4,705,122,122 shares listed." At the current rate of trading it would take nine years to turn over all the listed shares of stock. Market Makes Low In 1942, the market made a low of 92.92 in the industrial average. Many date the current bull market from that time. And they insist it's stai a bull mar ket because it hasn't died ac cording to the way bull markets die in Wall Street. There's been no wild specula- days of a bull market, and nothSf ing more than technical setbacks) from tune to time. So far this year volume is around 342 million shares. That means that something like 4,300, 000,000 shares of stock haven't been dislodged and that they re main in strong investment hands. The selling that has occurred has been a mere dribble accord ing to Wall Street measurements. The big investors haven't been selling, it is noted. Until they do there is nothing to fear, say the market men. "j Listed Share Back in 1929 the stock mar ket turned over the listed shares that then averaged 942,492,073 shares by 119 per cent. If today's market ever gets up to the pace of 1929 on the basis, of listings,, the daily volume would have to be 22 million shares, or about 10 times the rate for the present market Back in 1901, the market turned over the 69,627,746 listed shares by 319 per cent. If today's big market were to have that turnover the daily rate of trad ing would be 59,500,000 shares. With margins at 70 per cent and the nation investment mind ed instead of speculatively mind ed there isn't, a chance of equal ling the 1929 pace let alone the rapid turnover of 1901, say the experts. Looks like quiet times ahead to the market men. he turns up in work clothes with an inquiry' whether he c?.n cash a pay check to buy his loaf of bread. Composite Drawing Police artists have put to gether ' a composite drawing which his victims say is accur ate. He is about five feet eight, weighs about 155, has greying hair and often is accompanied by a blonde woman. An "Illinois camera merchant once took his picture but McNeil bought the camera with the film inside. . In the last few months Mc Neil has turned his charm on merchants in Oklahoma City, Little Rock, Ark., Beaumont, Tex., Indianapolis and Sioux City, Iowa. During the summer in California he passed checks in Bakersfield, Inglewood, San Jose, Berkeley, Richmond and Sacramento. Detectives say he leaves oc casional clues which may trap him yet but one searcher re marked that with his fortune "he can retire." THIS 'i Ji FRIDAY IS VJf .(SEE THIS NEWSPAPER) tkuwy. ' TRAIN DERAILED Hillsboro, N.C. (IB The Southern Railway's maine ast west line was blocked near Hillsboro Wednesday night by a freight train derailment. No injuries were reported when 22 cars of a 102-car west-bound freight went off the tracks just westof the West Hillsboro station. The average persons's thought speed while listening is at least 500 words per minutes; the av erage speaker's talking speed is about 100 words per minute. Lshoritory-ttsttd for loftntst, strtnpb, mU tbiorbtncy Coma m gtntli lhadu of pink, ytllow, frtn, md wbitt. Ret. U.S. Pat. Off. . , Singh mill or 4-nIl "Su-Tbru" packdgt M REMARKABLE COFFEE, WhatZipl'i Said the ump after taking a sip. "With this instant about, You'll never strike out. It's Full-Bodied! The flavor's a pipl'i : - ? JSMBSS Next time give yourself a. Next time you're in the mood for coffee, make it Instant Chase & Sanborn. You'll always get a " Flavor Break with the full-bodied' ' coffee. For flavor's sake ; : : this is the brand to buy! e INSTANT CHASE & SANBORN m 9 9
