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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (July 9, 1958)
o o 1 MAIL TRIBUNf, M.dforJ, Orgon, W.Jwtdiy, July T58 b Article Advises Women About To Put Money in Stock Market By ELM2R C. WALZER UPI Financial Editor Ne-vYork UPI) Wom en own half of the stock out standing in this nation and each day more of them be come potenti al i n v estors through inher- f itance or in- surance leu J bv their hus- ft, l 7 A bands- P -1. I Many I y fthem la Elmer Wilier train ing of ck ing in market procedure and often lose a large part of their mon ey that should have provided for their future . Mrs. Morton Seidel, of Bev erly Hills, Calif., wife of an investment. "The layman in women some advice on this subject in the current Com mercial & Financflal Chroni cle. She decries the frte advice given women by novices in investment . "The layman in the field of investment is an offender," she says. "A per son who has no knowledge or experience or has not had the Agreements Renewed To ve Assistance Z Portland Renewal of an jiual agreements with the states of Washington, Oregoa, and Idafco to (provide agricul tural extension and home demonstration asslstancw on jndian reservations 15 been announced by the Portland rjarea office of the bureau of Indian affairs. 1 Don C. Foster, Portland irea director, said the states jthrough ttfeir agricultural ex tension service will continue ;to provide special assistance io Indians i planning their Agricultural gnd horn im provement programs. Ihe bur fjeau, prior to 1953, hid its ovn agricultural extension agents. opportunity to study prob lems, techniques, or methods of investing is not a person from whom to take advice." Study Balance Sheets Women should invest with care, says Mrs. Seidel. "We should read more books, ar ticles, reports written by fi nancial men and hear reliable, well-informed speakers. We should study and above all learn to read a balance sheet." And what about checking up on one's investment ad viser? The women, Mrs. Seidel holds, should investigate his moral and financial standing, his reputation, background, and his interest in his clients. You'll throw your money away if you accept tips on nothing better than rumor, she explains And a women shouldn't be come angry with the councel- or who tells her, "don't buy. She explains that invest ments must be made to suit the individual. What is good for one may not be good for another another, perhaps, with plenty of money to take chances. The Standard What is tne criterion of a good investment? It is one the counselor can describe: ,'This is as safe as any good security can be." Here's why: "1. It has conscientious, re liable well-trained men at its head. "2. It has paid its dividends without interruption for years. "3. It is a type of business which does not fluctuate from prince to pauper." Mrs. Seidel insists women must familiarize themselves with the fundamentals of in vestment. They must know the various terms used in deal ing in stocks and bonds. The best way for a woman to learn all that, is from her husband while he is still alive, says Mrs. Seidel and business editor of the New York Herald Tribune, not long ago wrote a book de signed to give such instruc tion, entitled "teach your wife to be a widow." He seriously outlined the problems Involved when a man dies and leaves an inex perienced widow with more money than she has ever seen before without a knowledge of how to handle it. He gives details on methods, and gen erally outlines what the wid ow ought to know. And just to show that all women aren't eager to learn about investment, one mar ried woman wrote Rogers and asked where she might buy the book on "how to become a widow." The Family Council Editor's note: Tne Family Council consists of a Judge, a psychiatrist, three clergymen, a newspaper editor, a women's editor and two writers. Each article is a summary of an actual report. The Family Council does not give advice; it merely reports on problems that have been dealt with by responsible agencies and counselors. epeal of A Sellout! Donald I. Rogers, financial j ington, D. C. hoteL SECRET TAP Private investigator Lloyd B. Furr shows how he used a coat-hanger to snag microphone concealed under door of room occupied by Baron L ShacMette, In vestigator for the House influence investigating subcom mittee, and adjoining room where midnight press confer ence was to have been held by Bernard Gpldfine, in Wash- Jack M. Myrna is best off away from home. Helen M. It wasn't her fault she shouldn't have to run away. Jack M. My wife and I are in serious disagreement as a result of a tragic occurrence a few months ago. . Our 12-year-old daughter, Myrna, was the victim of a sexual attack. Afterwards; some people recommended that we send her right back to school as though nothing had happened. I didn't feel she should be forced to face her old friends under these conditions. I sent her to her grandmother's home, about 100 miles from here. My wife wants her to come back home, but I think things would be very hard for her here. She has a great sense of shame about ? what has hap pened. Eventually I hope we can, move out of this commu nity, but it will take time maybe a year or two. Mean time she is best off with my mother. Helen M. I have explained to Myrna that she was not at fault and has nothing to be ashamed of. Every decent person in our community has the greatest sympathy and re spect for her. She should not have to run away because of something that was not her fault. , I feel Myrna misses us and her brothers and sister.. She hasn't made many new friends in her grandmother's commu nity and she is-not doing as well in school there. She com plains her grandmother watches her every step" and doesn't give her any peace. I can't help but worry about Myrna when she is so far from home. Her grand mother' is a well-meaning woman, but quite old, and I'm afraid she isn't the right person to understand a young girl of today. The Council: Jack and Helen had a difficult decision to make. Unfortunately, they did not choose the best way. Myrna very much needs her parents at this time. The fact that they sent her away .indi cates to her they shun her and are ashamed of her. She has virtually been placed in exile or in quarantine in .'a place where she can't con taminate her brothers and sister and her old friends. Of course, Jack and Helen have told her it is for her own ' good, but Myrna will nevertheless feel that in ac tion' her parents scorn her. She needs reassurance of their love and of their protection. It would be particularly help ful to her to receive reassur-. ance of her father's gentle and protective affection. Myrna . could not be sent back to school "as though nothing had happened." There would undoubtedly be some reprecussions, but she would be able to face this with good grace if her parents showed their confidence in her ability to surmount the problem. Myrna should come back to her parents as quickly as pos sible and she should be en couraged to throw herself into her school and club activities with all the enthusiasm she can muster. If problems arise, the M's should try to get some guidance from a psychiatrist or social worker attached to a family agency. (Copyright 1958, General Features Corp.) . Andy's I i r tr ra, liiiiiBiiai Ami ('! vi: xvi a a i f i a m w nmn V. ". 1-22 1 At ship launchings in Ja pan, no wine is wasted in breaking a bottle over the prow. The Japanese release doves and balloons as means of good luck and then drink the wine. 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