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