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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 2, 1958)
Enough Money, Inside Dope Can Save Shirt in Stock Market By ELMER C. WALZER UPI Financial Editor New York -UPD- No one can lose his shirt in Wall Street provided he has enough mon ey and inside information. -" i So itates m M r s. Morton oi me wuur en's problems in the world EUner waizer of finance un der the tutelage of her hus band, an investment banker. She is perturbed over the stock buying by women who make their stock selections on rumors of splits or stock div idens, increases in dividends, new products, new orders, and o on. She realizes that investiga tion of big business is a dif ficult task for the average woman. But the woman in vestor can ask questions of the right people and get the right enswers, she avers. An investment adviser or investment banker can answer the questions on management of big companies. The wom an's own bank can tell her of the character of the men who run small businesses in which she might want to invest. "Having determined this objective," Mrs. Seidel says, "a woman's next problem would be to compare the com pany with the industry as a whole. Although this seems simple, there are' so many complex studies that still re- FIRE KILLS FOUR Smyrna, Tenn.-fCPI-A fire of undetermined origin swept through a frame house near here Monday killing a young mother and three of her chil dren. Dead were Mrs. Eva Parker, 24, Robert E. Parker Jr., 4, Rosa Denise Parker, 19 months and Fay Parker, seven months. The father and another child, Regina Lou, 3, were under treatment for burns. POOR LOSER Milan, Italy-ltPB-Mike Bon giorno, popular radio and TV master of ceremonies of the "Double or Quits" quiz pro gram, was given a traffic ticket Monday by a man who thought he had good reason to do it. The policeman who nabbed Bongiorno was Piero Salvagnini, who had appeared on "Double or Quits"-and lost. . SENTENCE HOOP THIEF Feltham, England-(UPD-Thomas H. Gatfield, 51, was sentenced to three months in jail Monday for stealing 43 hula hoops. main to be made that it is al most impossible for a woman to make a decision on what stocks she should purchase without the aid of an expert on finance, she holds. "However, in knowing how to ask questions, investing will be made interesting and exciting and will increase the woman's education and know how." Then comes the problem of knowing whether to invest or to speculate. If a woman is going to speculate, can she af ford to take losses, asks Mrs. Seidel. "Or is she willing to take losses as gracefully as she takes profits? "An investment is a pur chase that is made primarily for-continuity of income and stability of price. In other words, for a reasonable return on money invested as well as continued income. "A woman who thinks she is investing properly because the market is going up does not realize she is speculating, and could very easily lose money. Everybody Wins "She speaks of gains, but rarely of losses. She thinks that the price will be higher but not that lhe price could go lower. Every woman wants to make money. But can she afford to lose? "What is worse, she knows that the market will be going up. She expects it. Then she wails because the market takes a dip, and she cannot afford to lose. Too late. She brushes aside the idea that a purchase of stock could be a speculation. She doesn't want Frankfurter Said Making Good Recovery Washington -(UPD- Supreme Court Justice Felix Frandfur ter sat up in bed Monday and is making a good recovery from his heart ailment, his office reported. Frankfurter was hospital ized last Monday. There is still no word as to when he may return to the bench. The court is in recess this week. It meets again Dec. 8. Florence Logger Fatally Crushed Florence (UPD Ed Green, about 30, Florence, was fatal ly crushed Monday in a log ging accident between Canacy and Reedsport on Five-Mile road. Green, a worker for the Swisshome Logging company, was setting a choker when a log rolled over him, according to the coroner's office. Survivors include his wife and six children. CRATER DEPT. STORE QUITS! ENTIRE FINE STOCK AT COST! NEAR COST! BELOW COST!, OPEN DAILY 9 A.M. to 9 P.M. REGULAR $1.98 WORK SHIRTS Tan or Grey 97 WE QUIT! EVERYTHING MUST GO, LOCK, STOCK AND BARREL, INCLUDING FIXTURES! TO ASSURE QUICK AND POSITIVE BUYING WE HAVE SLASHED EVERY ARTICLE TO THE BONE! WE MUST LIMIT SOME ITEMS. FIRST COME, FIRST SERVED. ARTICLES ON SALE ONLY WHILE QUANTITIES LAST! BE EARLY FOR THE BEST SELECTIONS! HURRY! BUY NOW FOR CHRISTMAS! HURRY AND SAVE! - BUY BELOW COST! BUY FOR CHRISTMAS! HURRY! CLOSING OUT TO THE BARE WALLS! SLASHED PRICES! SALE CONTINUES 'TIL COMPLETELY SOLD! OUT! REG. $4.95 BOYS' CORD PANTS Asserted Colors $288 DOOR CRASHER VALUES TO $2.50 TIES BELTS Out They Go 88 QUICK SELLOUT REGULAR 39c WORK n SOCKS Nylon Reinforced 77 EARLY BIRD REGULAR $2.95 TENNIS SHOES Boys or Girls $88 REGULAR $4.45 RAIN RUBBERS . Heavy Quality 99( REG. $6.95 MEN'S CORD PANTS Extra Quality $347 REGULAR $5.75 VALUES . REGULAR $2.95 SANFORIZED CAMPUS SPORT $o88 QUALITY DRESS $C1 88 JACKETS SHIRTS OUT THEY GO! TRU-VAL WHITE OR COLORS REGULAR $3.95 CANVAS VALUES TO $14.95 LACE or SLIP-ON 488 DRESS and WORK ST 88 OXFORDS 2! SHOES THICK RUBBER SOLES WHILE THEY LAST REGULAR $7.95 VALUES VALUES TO $5.95 WOOL PLAID r 3ft FANCY SPORT C OO SHIRTS d$ SHIRTS 3) WASHABLE OUT THEY GO Plain or Western Style A REGULAR $2.98 LONG UNDIES Ankle Length $J97 REGULAR $2.95 VALUES REGULAR $7.65 VALUES DRESS SPORT $ri KJ BASKETBALL C1A7 SHIRTS I SHOES Q Campus ' Wash 'N' Wear Quality B. f. Goodrich . REGULAR 85 VALUES REGULAR $4.95 VARSITY FANCY DRESS a CTT j Pelisheen Cotton C40 SOCKS SLACKS 5) Smart Colors! Hurry! For Hard Wear Hurry REGULAR $3.98 VALUES REGULAR $13.95 VALUES INSULATED KNIT $67 All Weather-Heavy $tf88 U N DERWEAk 2i JACKETS Each Pc. Shirt or Drawers Rock 'H' Roll Style VALUES TO $4.98 XMAS TOYS GUNS GAMES LARGE ASST. $44 Out They Go 17 VALUES 73 $1.25 , Large Assortment TOYS CHESS SETS WIND UPS i 33 While They Last VALUES TO $3.98 WORK JEANS LEVIS STRAUSS WRANGLERS 3 We Quit! REGULAR $2.98 WORK PANTS Tan or Grey Non-Rip Seam $38 Full Cut Roomy 7 X 7 CRATER D EFT. STORE CENTRAL POINT, OREGON to lose any money, but she will take the advice of a lay man instead of listening and learning from the trained in vestment counsellor or invest ment banker whose business is to know or to investigate." Mrs. Seidel related the case of a wealthy woman who takes $10,000 for her and her granddaughter to speculate. If she loses the entire amount, it makes no difference. "She plays the market with money she has set aside for that purpose in the same way she plays a game of bridge," Mrs. Seidel explains. "That is the fun for her and good for her broker. She cannot be hurt financially and fun is had by alL "If a woman wishes to gamble in the market, and if she is sufficiently astute, and courageous, she can purchase when business is bad and sell when business is good. If she can do that, she should go ahead." In the Day's News By FRANK JENKINS Significant news: The Uniter States has made its full range firing of an IN TERCONTINENTAL ballistic missile capable of carrying a deadly hydrogen warhead. IT WAS an Atlas. It was fired from Cape Canaveral in the neighborhood of 9:30 Friday evening. Its course was tracked by electronic record ing devices spotted on ships and islands. Its nose cone dropped into the South Atlan tic near lonely Ascension is land about 30 minutes later. The defense department an nounces that it HIT A DESIG NATED TARGET AREA. The size of, the target area was not definitely specified, but unofficial reports indicated that it landed within about a 30-mile radius of the pin point aimed at. The spot at which it landed was 6300 sta tute miles from the point at which it was fired. Landing within 30 mile of the bullseye is pretty accurate shooting at that' range. ' LETS put it this way: If it had been aimed at Moscow and had carried a hy drogen bomb in its nose, it would have done a LOT of damage if it had landed 30 miles from the city's center. And Suppose 100 of them had been launched at the same time! 11THY is the missile so im- portant? This is the answer: When perfected, intercon tinental missiles WILL EN ABLE US TO ABANDON OUR AIR BASES ON FOR EIGN SOIL. These bases are causing us immense trouble and immense worry. Every time some tricky little bandit chieftain kicks up a ruckus in some insignificant foreign country, we have to worry that he will grab off one of our strategic bases .maybe starting a. world war in the process. It is from the neighborhood of these bases that the dis turbing cries of AMERICAN GO HOME so often arise. These- bases are a constant irritant in our foreign rela tions and will remain so as long as we are obliged to maintain them as take-off points for conventional bomb ers or short range missiles. When intercontinental mis siles become standard opera tional weapons, we will be able to fife them FROM OUR OWN SOIL. . SO MUCH for our side of the missile story. Let's now look at the other side. It must be assumed that Russia also has an intercon tinental missile, possibly in about the same stage of de velopment as our Atlas. She rsays she has, and we can't afford to assume otherwise. It must be assumed that at any given time in the future Russia will have as many in tercontinental missiles as we have. It must be assumed that whatever we can do to Rus sia, Russia will be able to do to. us. Any other assumption would be fatal. SOMETHING else must be assumed. It must be taken for granted that warning devices will be so perfected that if and when Russia starts flights of nuclear-bomb-bearing missiles to ward us we will be able more or less instantly to start flights of nuclear-bomb-bearing missiles toward Russia. THat will be such SOBER ING knowledge that possibly NEITHER ANY RUSSIAN NOR ANY AMERICAN WILL EVER BE WILLING TO AC CEPT THE AWFUL RESPON SIBILITY OF PUSHING THE BUTTON THAT WILL START THE FIRTS OFFEN SIVE FLIGHT OF BOMB BEARING MISSILES. v In that possibility lies man kind's hops of a future. For a woman. to learn all about finance is a big order, says Mrs. Seidel. "It's as dif ficult as teaching women in a short time to become doctors, dentists, attorneys or engineers." AXLE-RIDING ROOSTER Atlanta -(UPD- Ted Samples, 12, has found the bantam rooster he . was given as a pet on Thanksgiving Day. The frightened bird, possibly fear ful he would go the way of the turkey, had been riding for two days on the rear axle of a neighbor's car. MAIL TRIBUNE, Medford, Oregon, Tuesday, December 2, 1958 S AID NOISE ABATEMENT Osaka, Japan.-UPD-The Asso ciation of Pachinko (pinball) Operators today signed an agreement to remove the bells from their pinball machines in order to cooperate with the city's anti-noise campaign. We Give fT GREEN STAMPS CENTRAL REXALL DRUG Main and Central U7S. Central SP 3-7301 JTWK . . A I Vfin AlllAtiWJ X$ CHRISTMAS-NEW, SO CHRISTIIAS-RIOHTlASHIONED VP" SAVE G.97 OVAL TAPER... LADIES LUGGAGE FREE wth lock and horn set 'any HAWTHORNE bike ! 21-ln. Overniter J iryLil RPW PH. M Save $2! For A A DO Wt iJ& I AW NjO AT S& ' m weekend trip,. 1 1 M r7?l!W IM 1 IMM m 5 large acces- 9 1 f? V MMKl 11 ' H &SjM IKU sr-J. liiM. II Save $2! Light. 88 dg3 A compact. 3 sec- G I ffi : LjwKm. Vg - ( vj 4 tion tray, mirror. J gfij . Jff All 3 pes. of plywood eon-- 1.,' ' T ' ' ' Xi i M with vinyl eoyerin, M Roer Skote, AIR RIFLE J.A IW i $3.50 down, $3 a month S Guar. 500 mile 450-hot. Rack, C95 Vlw mm . . " Mm ball bearings - : targen, BB's. 9 Lr ft -': ' ". 'C l 3.79 Hawthorne new 26-in. English "Stylemaster" 5 145 5D0WN.nai Sleek, light and racy model with modem Duo . - Bar styling. 3-speed hub makes pedaling easier ...you shift gears just like a carl Fingertip con trols give you instant braking action. Boys bright red and white. Girls' shiny blue and white. Boys', Girls' 26" Hawthorne Flo-Bar bike 45 $5 D0WN.-2 American made, ex tra strong, built to take a beating. Modern design, ped al brakes. Unbreak able frame. Boys blackwhite. Girls greenwhite. For that final touch to holiday decor! SAIEI HAWTHORNE SLEEPING BAG SALE! 5.98 PING PONG SET 4 rubber-faced belt, 3 lb. Dupont dacron. 66. . Sta 17.88 tlT bat! 4.88 1 -S55 5 t izjs I SALE! 5.95 DARTB0ARD SET 20 point game and . baieballgamdf A uQ bran dartj. 1-00 SALE! 1279 BADMINTON SET 4 rackets, 2 double preu.3birds1n fi me net, poles. 1U.OO 1 S SALE! Wards CERTIFIED spray lacquer 3 cans for eS.VOVjJ) For decorating Christmas trees, ornaments, wreaths, mistletoe. Dries in 3 minutes. 3 metallic colors: copper, gold, silver. 1 can. $1.59 Be Satisfied .... Buy Ctrlifodl Your Choice O SALEl UTILITY EXnNSION CORD 9 ft. long. For lamps and fans. Brown A Ac or Ivorv SALEI INSTANT LIGHTING TORCH KIT Pilot light triples life of fuel tank, g qq UL approved. 0.55 mm. Your Choice 88 S&V19 EACH 12!j"ngsaw, drill kit, sabre saw. pM I Z Z f "fr J
