Z
CHURCH DIRECTORY
"I Jim trtii liffht rf tli
me will not walk in darkness, but will have the
light of life." John 8:12.
ADVENT CHRISTIAN CHURCH
West Jackson and Welch sU., near
Holly st.
Mr. Gertrude Shide. minuter
Sunday:
9:45 a m. Church school
11 a.m. Church worship
8 30 p.m. Junior fellowship
meetings
7:30 p.m. Song and praise serv
ice 8 p m. Sermon
Wednesday:
. 7:30 p.m. Bible study and prayer
service
APOSTOLIC FAITH CHURCH
North Central ave- at Third st.
Loyce Carver, pastor
Sunday:
9 05 a.m. Radio broadcast KMED
9:30 a.m. Sunday school
11 a m. Morning worship
3 pjn. Young people's meeting
7:50 p.m. Evangelistic service
Tuesday and Friday:
8 pjn. Services
BZTHEL ASSEMBLY OF GOD
1729 North Riverside
L. D. Krause. pastor
Sunday:
9:43 a.ra. Sunday school
11 a m. Worship service
6 p.m. C.A Youth service
' 7 p.m. Evangelistic rally
Wednesday:
7:30 p.m, Bible and prayer hour
ASCENSION LUTHEKAN CHURCH
ELC
2501 Barnett dr.
Elvin S. Tollefson. pastor
9:45 a.m. Sunday school and
adult Bible class
11 a.m. Divine worship
8 p m. Sunday school teachers
meeting
8 p.m Adult church member
ship class
Thursday:
7 p.m. Acolyte meeting
7 30 pjn. Senior choir
9 a.m. First year confirmation
class
10:1 . a.m. Second year confir
mation ciass
CENTRAL CHURCH OF CHRIST
608 North Central ave.
Dexter Williams, minister.
Sunday: k
9:45 a.m. Sunday school
11 a.m. Morning worship
6:30 p.m. Study classes
7:15 p.m. Evening service
Tuesday:
7 JO p.m. Youth meeting
7:30 p m. Bible study and prayer
meeuii
Thursday:
10 a.m. Christian-Do-H e r s,
business meeting and luncheon
CHURCH OF CHRIST
1701 West Main st.
Ross VJLong. minister
Sunday:
9:45 a.m. Bible classes
10:45 a.m. Morning worship
7:30 p.m. Evening worship
Wednesday
7 p.m. Midweek Bible study
Thursday
1:30 pjn. Ladies' Bible class
CHURCH OF JESUS CHRIST OF
LATTER DAY SAINTS
648 South Ivy st.
D. . Nelson, bishop
. Sunday:
9 a.m. Priesthood
1030 a.m. Sunday school
7 p.m. Sacrament meeting;;
Tuesday: .
10 a.m. Relief society
7:30 p.m. MIA
Wednesday:
430 p.m. Primary
COMMUNITY CHURCH
West Main at South Orange
Joseph A. Bowdoin, pastor
Sunday: v
9:45 a.m. Sunday school
11 am. Morning service
7:45 p.m Evening service
Wednesday:
7:30 p.m grayer meeting ana
v Bible study
EASTWOO BAPTIST CHURCH
(American Baptist)
North Keene Way dr. at Ridgeway
Richard M. Jones, pastor
. Sunday:
9:45 a.m. Church school
11 ajn. Morning worship
: 6:30 p.m. Baptist Youth fellow
ship ; -7:30
p.m. Evening service
7 p.m. School of Missions work
shop, urants f ass.
Wednesday:
7:30 p.m. Hour of prayer
'8:30 p.m. Board of trustees
Thursday:
7 30 pjn. Choir rehearsal
CHURCH OF THE BRETHREN
343 North Mary St.
Escil Hiser, pastor
Sunday:
10 a.m. Church school
11 am. Worship
6.30 p.m. Youth choir: adult
itudy and children's Bible hour
7 pjn. Youth fellowship
CONGREGATIONAL CHURCH
(United Church of Christ)
300 Oak wood dr.
(1 block south of East Main on
Groveland ave.)
Thomas McCamant. minister
Sunday: . ' ,
10 am Sunday school
10 a.m. Church worship
Thursday:
8 p m. Membership class
FAITH ADVENT CHRISTIAN
CHURCH
1329 Saling ave.
CN F Lee, minister
Sunday: '
10 a.m. Sunday school
11 a.m. Worship hour
7 pm. Evening services
Wednesday
7 p m. r a y e r meeting and
Bible study
FIRST BAP11ST CHURCH
(Conservative)
North Central at Fifth
James W Neely. pastor
Sunday:
9:45 t.m. Sunday school
11 ajn. Morning worship with
sermon (KBOY)
6:30 p.m. Training unions
6 30 p.m. Adult Bible study
7:45 pjn. Evening evangelistic
hour
Wednesday:
7:45 p.m. Midweek service of
prayer and Bible study
FIRST CHRISTIAN CHURCH
Ninth at Oakdale
"William C. Piper, minister
Sunday:
9-45 ajn. Sunday school
10:50 ajn. Morning worship
" 6:30 pjn. Christian Youth fel
lowship 730 pjn. Evening service
Monday:
7 pjn. Boy Scouts
Wednesday: .
730 p.m. Choir rehearsal
FIRST CHURCH OF CHRIST,
'SCIENTIST
100 Windsor ave
1 block south .of East Main st)
Sunday:
11 ajn. Church service -
ij ajn. Sunday school, nursery
available Sunday and Wednesdays
Wednesday: .
8 p m. Testimonials of healing
Reading room 228 West Sixth st.
10 am. to 5 p.m. Daily (except
Sundays and holidays) .
MEDFORD
wnrlrl ti wtin follow.
FIRST CHURCH OF GOD
Haven and Holly sts.
W. E. Martin, pastor
Sunday: .J
830 ajn Christian Brotherhood
hour. KDOV
9:43 ajn. Sundajr school
11 .m. Worship service
6:30 p.m. Youth fellowship
730 pjn.. Evangelistic service
Wednesday:
730 pjn. Midweek service
FIRST CHURCH OF THE
NAZARENE
520 North Holly st.
Raymond Hum, pastor
Sunday:
930 ajn. Program, KDOV
9:15 a.m. Officers and teachers
pre-prayer session
9:45. a.m. Sunday school
11 ajn. Morning worship;
KDOV
6 p.m. Youth groups
7 p m. Evening worship'
Monday:
4 p.m. Caravan groups ,
7 p.m. Youth skating party
Tuesday:
6 a.m. Fellowship breakfast
Wednesday:
5:50 p.m. Visitation dinner
7:30 pjn. Prayer meeting
8:30 pjn. Choir practice
Thursday:
1 pjn. Prayer and fasting
FIRST METHODIST CHURCH
West Main at Laurel sts.
George G. Roseberry. minister
Sundav:
9:30 a.m., Church school and
adult classes
930 & 11 a.m. Worship services
11 m .1 ii , .i mi lii iviiuwi
5:30 p.m. Junior high MYF
3:3U pjn. acnooi oi wnrisuan
Living
Tuesday:
4 p.m. Altar choir rehearsal
Wednesday:
7 pjn. Boy Scouts
7 pjn. Youth choir rehearsal
8 pjn. Chancel choir rehearsal
Tmirsdav:
12 noon -Methodist Men's lunch
eon
7:30 pjn, Fellowship of prayer
Friday:
, 6:30 p.m. Shipmate's potiuck
FIRST PENTECOSTAL
CHURCH JESUS NAME
1263 Biddle rd.
Sunday:
9:45 ajn. Sunday school
11 a.m. Morning worship
7:45 pjn, Evening service
Tuesday:
7:45 p.m. Bible study
Thursday:
7:45 pjn. Bible study
FIRST PRESBYTERIAN CHURCH
Eighth and Holly sts.
D. Kirkland West, pastor
John O. Reynolds, assistant
Sunday:
9:30 & 11 a.m. Church school
9:30 Sc 11 a.m. Worship services
11 am. Children s cnurcn
6:30 pjn. Junior high fellowship
7 p.m. Westminster iciiowsxup
Monday:
6:30 p.m. Westminster guild
Wednesday:
6 djo. WF vouth nisht
730 pjn. Midweek prayer fel-
lowsmp
FIRST SOUTHERN BAPTIST
CHURCH
794 Lozier lane
J. M. McCraw, pastor
Sunday:
9:45 a.m. Sunday school
11 am. Morning worship
7 p m. Training unions
8 pjn. Evening service
Tuesday: ,-;
730 p.m Choir 'practice
Wednesday: '-t
7 p.m. Rroup meetings
8 p m. P r a y e r meeting and
Eibl study .-
8:45 p.m. Teachers and omcers
meeting.
FREE METHODIST CHURCH
1294 South Peach St.
E. C. Bush, pastor
Sunday ,
9 30 ajn. sunaay scnooi
11 ajn. Worship service
7 p.m. Family hour
7:45 p.m. Evangelistic service
Wednesday:
7 p m. Midweek prayer service
and CYC.
FRIENDS CHURCH
(Corner of DeBarr and Merriman)
Clynton Crisman, pastor
Sunday:
9:45 & 11 a.m. Church school
9.45 it 11 a m. Worship i
2 p.m. Calling
6:30 pjn. Christian Endeavor
730 p.m. Praise and worship
930 pjn. "Quaker Hour" broad
cast KM ED
Wednesday:
730 pjn. M i d w e e k prayer
meeting, cnoir practice
Thursday: ,
, 7:30 pjn, Prayer meeting
8:30 pjn. Adult choir practice
FULL GOSPEL TABERNACLE
609 Western ave.
(Mc Andrews rd at W. Jackson st.)
Van McCoy, pastor
Sunday: '
10 a.m Sunday school
11 ajn. Worship service
7:45 pjn,. Evangelistic services
Tuesday:
7:45 pjn, Midweek services
Friday:
7:43 pjn. Midweek services
JEHOVAH'S WITNESSES
Kingdom hall
2402 Jacksonville Highway
Friday:
7:25 p m, Ministry School end
Service meeting
Sunday: -
6 p.m. Public address
7:15 p.m. Watchtower study
Tuesday:
7:30 pjn. Bible study, all serv
ice centers except southside
Wednesday: i
7:30 p m. Bible study, southside
service center -
MT. PITT AVENUE CHURCH OF
THE NAZARENE
Mt. Pitt at Chestnut
Henry I. Brown, pastor .
Sunday:
.9:15 ajn. Prayer time
9:45 ajn. Sunday school
10:50 ajn Worship service
6:30 pjn. Juniors and young
people
7:30 p.m. Evening service
Wednesday:
730 pjn. Prayer meeting
Thursday: -
11:30 ajn. Prayer and fasting
PHILADELPHIA CHURCH
(Nonsectarian) - -
1851 Grandview ave.
Mr. and Mrs. Thomas White, pastors
Sunday: ' .
10 a.m. Sunday school
11 a.m. Worship
7:45 p.m. Evangelistic service
Wednesday:
7:45 pjn. Midweek service
PILGRIM HOLINESS CHURCH
1123 East Jackson st.
Sherman Moore, pastor (
Sunday: J
9:45 ajn. Sunday 'school
11 a jn. Morning' worship
6:45 pjn. Young people's service
7:30 pjn. Evangelistic service
Tuesday:
7:30 p.m. Prayer meeting and
Bible study.
RE-ORGANIZED CHURCH OF
JESUS CHRIST OF LATTER DAY
SAINTS
Tenth and Ivy sts.
James W. Davidson, pastor
Sunday:
9:45 ajn. Church school
11 a.m. Worship service, com
munion Wednesday:
7 JO pjn. Prater service
SACRED HEART CATHOLIC
CHURCH
326 South Oakdale ave.
Priests Fr Carl Mai, Fr. John A.
Eg., Fr. William McLeod
Sunday:
6. 7, 83u. 10 & 1130 a.m. Mass
730 pjn Rosary and benedic
tion Wednesday:
7:30 p.m. Our Lady of Perpetual
Help Devotions
Saturday:
4-530 it 730-9 pjn. Confession
Daily:
8 ajn Mass
ST. LUKE'S METHODIST CHURCH
2490 Siskiyou blvd.
Melvin Dixon, pastor
Sunday:
9:45 a.m. Church school
11 a.m. Worship service
ST. MARK'S EPISCOPAL CHURCH
Fifth St. and N Oakdale Ave.
G. R. V. Bolster, rector
John S. Power, assistant
Sunday:
8 ajn. Holy communion
9:30 ajn. Church school family
service.
930 and 10:45 ajn. Nursery
schools
11 a.m. Holy communion with
sermon
12:15 pjn. Coffee hour
I pjn. Holv baptism
430 pjn. Young people's fellow
ship Thursday:
8 p.m. Adult confirmation class,
Markade.
Friday:
II ajn. Holy communion
ST. PETER EVANGELICAL
LUTHERAN CHURCH
(Missouri Synod)
1020 East Main st.
Hugo V. Gurney, vacancy pastor
Sunday:
9:30 a.m. S u n d a y school
9:45 ajn. Bible school class
8 p.m. Worship service, holy
communion
SEVENTH-DAY ADVENT1ST
CHURCH
Corner Edwards and Beatty sts
John Trude. pastor
Friday:
730 p.m. Evangelistic services,
armory
Saturday
930 ajn Sabbath school
11 ajn. Worship hour
730 p.m. Evangelistic meeting,
armory
Sunday:
730 pjn. Evangelistic meeting,
armory
Wednesday:
10 ajn Senior dorcas
SUNSHINE GOSPEL CHURCH
6 Mace rd.
Mr. and Mrs. Edgar Cruce, pastors
Sunday:
9:45 a.m. Sunday school
11 a.m. Morning worship
7:45 p.m. Regular Service
Wednesday:
7:45 p.m, Young people's service
THE AQUARIAN HALL OF
TRUTH
435 North Holly st.
Miss Alice Cook and Miss Flora
Hara. pastors
Sunday:
8 p.m. Worship service
Wednesday:
8 p.m. Healing service (open to
public)
VALLEY VIEW SEVENTH-DAY
ADVENTIST CHURCH
South Stage rd.
John Trude, pastor .
Saturday:
9:30 a.m. Sabbath school
' 11 ajn. Worship service
Tuesday:
10 ajn. Dorcas
Friday, Saturday. Sunday:
. 7:30 pjn. Evangelistic meetings,
armory
ZION LUTHERAN CHURCH. ULCA
Fourth and Oakdale
Harvey C. Coovert, pastor
18th Sunday after Trinity I
9:45 ajn. Sunday school
11 a.m. Worship service
Wednesday: ' v'
J730 pjn. Senior choir practice- '
Saturday:
930 a.m. 1st year confirmation
class
10:45 a m. 2nd vear confirma
tion rlass . .
WILL BUILD IRAN ' PLANT
Washington - IUPD - B. F.
Goodrich Co., one of the
United States biggest tire
manufacturers, will build a
big rubber products plant in
Iran, the firm announced
Thursday.
New 2-ta-1 amplifier
2-ia-1 "Lwint
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Plays new stereo
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10 Down
COUNTY
CHURCHES
ASHLAND -
FAITH TABERNACLE,
Highway 99. South of Ashland
Leo C. (Vine, pastor
Friday:
730 pjn. Dr. Clark Lambeth,
speaker
Sunday
9:45 ajn, Sunday school
11 a m. Morning worship
7 p.m. Evangelistic services
Tuesday and Friday:
730 pjn. Evangelistic services .
FIRST CONGREGATIONAL
CHURCH
(United Church of Christ)
717 Siskiyou blvd.
Fred G. Plocher, pastor
Sunday:
9:45 ajn. Sunday school
11 a.m. Worship and sermon
Wednesday:
7:30 pjn. Adult choir
Friday:
3:45 pjn. Junior choir
FIRST PRESBYTERIAN CHURCH
North Main and Helman sts.
B. J. Holland, minister
Sunday:
9:45 a.m. Sunday school
.9:45 & 11 ajn. Morning worship
5:30 p.m. Senior high Westmin
ster fellowship
Wednesday:
. 8 pjn. Choir rehearsal
GRACE LUTHERAN CHURCH
Frances lane
E. Paul Riedel, pastor
Sunday: ' ,
9:30 a.m. Sunday school and
adult Bible class
11 a.m. Divine worship
4:30 p.m. The Lutheran hour,
KWIN
5:30 p.m.. This is the Life,
KBES-TV
530 p.m. Walther League meet
ing Saturday:
10 a.m. Children's confirmation
classes .
CENTRAL POINT
CHURCH OF CHRIST
Third and Oak sts.
Mr Jean M Shelley, minister
Sunday:
9:45 a.m. Sunday school
10:45 a.m. Worship. service
6:30 p.m. Junior, Junior High
and Senior Youth meetings
7:30 pjn. Evening evangelistic
service
Wednesday:
7:30 p.m. Midweek service
FIRST PRESBYTERIAN CHURCH
Dr Norman Tully. pastor
Sunday:
9:45 a.m. Sunday school
11 a.m. Church worship
Wednesday:
6:30 p.m. Fellowship supper and
congregational meeting
PENTECOSTAL CHURCH OF GOD
513 Pine st.
W. H Johnson, pastor
Sunday:
9:45 a.m. Sunday chool
' 11 a.m. Morning worship
730 pjn. Evangelistic service
Thursday:
7:30 p.m. Young people's service
EAGLE POINT
COMMUNITY BIBLE CHURCH
Joseph J. Munshaw, pastor
Sunday:
9:45 a m. Sunday school
11 a.m. Worship service
6:30 p.m. Youth fellowship
7:30 p.m. Evening service
Wednesday:
7 p.m. Choir practice
8 pm. Prayer meeting
SEVENTH-DAY ADVENTIST
Grange hall
John Trude. pastor
Saturday:
930 a.m. Sabbath school
11 a.m. Worship, Elder Clifford
Turvey. speaker
PHOENIX
FIRST PRESBYTERIAN CHURCH
Second and Church sts.
William H. Saladin, minister
Sunday:
9:45 ajn. Church school
11 a.m. Worship service
7 p m. Youth groups
8 p.m. Evening service
ers. home of Mrs. E. R. Claflin.
Wednesday:
9 30 a.m. Bible study and
prayer hour
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OHBeiuioDdirection 1
24 Months to Pay
TALENT
ASSEMBLY OF GOD CHURCH '
J. C. Arnett, pastor
Sunday:
9:43 ajn. Sunday school
11 ajn. Morning worship
730 p.m. Evening service
Weonesday:
730 p.m. Bible study
WAGNER CREEK MISSIONARY
BAPTIST CHURCH
Sunday:
10 ajn. Sunday school
11 a m. Preaching service
730 pjn. Evening service
FIRST METHODIST CHURCH
First and Wagner sts.
Earnest R Bell,- minister
Sunday.
9:45 ajn. Sunday school
11 a.m. Worship service
6:30 pjn. Junior and senior high
MYF
7:30 pjn. Evening service
Wednesday:
7:30 pjn. Prayer meeting
Friday:
6:45 pjn. Fellowship supper
FRIENDS CHURCH
A. Clark Smith, pastor
Sunday:
9:45 a.m. Bible school
11 a m. Worship service
6:30 pjn. Youth service
730 p.m. Evening service
Wednesday:
730 pjn, Prayer meeting
JACKSONVILLE
FIRST PRESBYTERIAN CHURCH
Sunday:
9:45 a.m. Sunday school
11 a.m. Worship service
7:30 pjn. Youth meeting
ST. JOSEPH'S CATHOLIC
CHURCH
Fr William McLeod
Sunday:
9 ajn. Mass
VILLAGE CHURCH
(Interdenominational)
Across from Museum
Dick Merriman, pastor
Sunday:
10:45 a.m Worship service
SHADY COVE
OUR LADY OF FATIMA
CATHOLIC CHURCH
Sunday:
11 ajn.-
-Mass
ST. MARTIN'S EPISCOPAL
CHURCH
School band room
W. B. MacHenry, vicar
Sunday:
9 a m. Morning prayer and ser
mon, baptism
930 ajn. Church school
Tuesday:
7 :30 p.m. Choir rehearsal.
Monical home
Friday:
7:30 p.m. Building committee,
Myklebye home.
RURAL CHURCHES
CHURCH OF THE GOOD
SHEPHERD (EPISCOPAL)
Prospect
W. B MacHenry, vicar
Sunday:
10 a.m. Church school
11:15 a.m. Holy communion
and sermon
Thursday:
8 pjn Choir rehearsal
GRIFFIN CREEK COMMUNITY
BIBLE CHURCH
Griffin Creek Grange
Tyley O. Evans, pastor
Sunday:
8:45 a.m. Program. KWIN
10 a.m. Sunday school
11 a.m. Worship service
7 p.m Young people's service
8 p.m. Bible study
Wednesday:
7:30 pjn. Bible study and prayer
ROGUE VALLEY SPIRITUALIST
CHURCH
Route 1. Box 161. Gold Hill
M. M Kruse. D.D.
Sunday:
8 pjn. Service
SAMS VALLEY COMMUNITY
CHURCH
(Interdenominational)
School house
John Roelfs, minister
Sunday:
10 a.m. Sunday school
11 a m. Sunday service
SAMS VALLEY GOSPEL CHURCH
(Nondenominational)
Gordon Peterson, pastor j
Sunday:
10 a.m. Sunday school
11a m. Morning worship, com
munion .
730 p.m. Regular service
Thursday:
7:30 p.m. Bible study and prayer
of
n T
Analyst Has Simple Answer
For Questions on Stock Market
By ELMER C. WALZER
UPI Financial Editor
New York - (WD - Ques
tions are flying thick and fast
these days in market circles,
concentrating
on whet her
the market is
going up,
whether it is
too high,
whether ' one
ought to sell
stocks here,
and . whether
one ought to
buy stocks
here.
Elmer Walzer
D. Moreau Barringer, chair
man of the Delaware Fund
and Delaware Income Fund,
has come up with the answer
to all four of these most ask
ed questions with a simple
"yes."
He explained in a recent
address before the financial
analysts of Philadelphia that
some stocks will go up, some
are too high, some ought to
be sold here and some ought
to be bought here.
Here are his conclusions:
1. Dq you think the mar
ket's going up: "The market
for those issues particularly
identified in the public's mind
with inflation protection or
Korean Vets May Change
Insurance Policies Soon
More than 685,000 Korean
conflict veterans will soon be
able to convert their previous
ly non-convertible term GI in
surance to permanent GI pol
icies, S. T. Brannock, officer
in charge, Medford, Veterans
administration office, said to
day. The affected term GI pol
icies, Brannock explained, are
identifiable by the letters
"RS" which precede the
policy numbers.
Beginning next January, a
new statute will provide the
thousands of "RS" policyhold
ers with three options:
1. To convert their "RS"
term policies ' to permanent
plans of GI insurance.
2. To exchange their "RS"
term policies for a "limited
convertible" term policy
carrying a lower premium
rate, but which-after Sept. 1,
1960-can not be renewed by
persons who have passed their
50th birthday.
TRAIL COMMUNITY CHURCH
Ernest Evers, pastor
Sunday:
9:45 a.m. Sunday school
11 a.m. Morning worship
630 pjn Young people's meet
ing 7 p.m. Pre-prayer service
7:30 .m. Evening gospel service
Tuesday:
730 p.m. Young people meeting
Wednesday:
7:30 p.m. Bible., study and
prayer service
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JUUVl
112
III
with growth, will probably go
up from here." '
2. Do you think the mar
ket's awfully high: "Yes. The
Dow-Jones - Industrial Aver
age looks to be earning no
more than $28 this year, and
is currently selling for more
than 18 times that figure.
"In 1957, it averaged 13
times earnings for that year.
And in the years preceding
1957 it averaged 15, 12, 12,
and 10 times its then current
rate of earnings.
"There isn't any law that
says a ratio of 18 is out of
bounds, but I think most peo
ple will agree it's pretty
high." '
2.- Don't you think I ought
to sell stocks: "Yes. I would
sell stocks of stagnant in
dustries or unimaginatively
managed companies."
4. Shouldn't I buy more
stocks here: "Yes. I would
buy stocks the public . will
want. I think they would in
clude the extractive and basic
industries in general r- start
ing with steel - and those
manufacturing industries
dealing with modern and de
veloping arts and sciences -r
data processing, electronics,
the perennial chomicals, and
so on." "
3. To keep their "RS" term
policies at the currently estab
lished premium rates, which
increase every fiye years.
Maximum Amount,
The maximum amount of
the new-type insurance will
be limited in each case by
the face amount of the vet
eran's present "RS" policy.
Brannock listed the types
of permanent insurance to be
available under the new law
as ordinary life, 20-pay life,
30-pay life, 20-year endow
ment, endowment at age 60,
and endowment at age 65.
The new type policies-like
the "RS" policies they may
replace-will not yield divi
dends. However, cash . sur
render, and loan values will
apply. Only "RS" policyhold
ers will be affected by the
new law. It does not reopen
GI insurance, Brannock
warned.
Complete information about
the conversion or exchange
of "RS" insurance will be
available at all VA offices by
Dec. 1, 1958, Brannock stated
DENIES REPORTS .
Rome -(DPI)- Prince Vittorio
Massimo-has denied widely
printed press reports he and
his wife, British actress Dawn
Adams, were contemplating a
legal separation.
t i
i
The
en
-or
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South ESiversode
MAIL TRIBUNE, Medford", Oregon, FrWiy, October 3, 195S 7
Barringer says j he's not
bearish on the market and
he's bullish -on certain .cate-c
gories. . :
Indexes Linked
This figure which has
risen from about20 cents dn
1953 to about 26 .cents in
1955, dropped a little in 1956,
rose again to 25 cents in
1957, and then slumped to
under 19 cents in the first
half of 1958. .'
"What it will do in the
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rest of the year and in 1959
is still - guesswork, but my
guess is that it will rise to
over 26 cents by the time the
Federal Reserve board index
gets back to 145 - which
would indicate a . new high
level of earnings for the aver
age of something like $37.50
a share.
"Now what multiple should
be applied to this level of
earnings:
''The skeptical 12 times of
1954 or 1955? or the confi
dent 15 times of earlier 1957?
Or the hopeful 18 times of
today?
"It may be worth noting
that 18 times $37.50 is 675."
ARMORVK
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