THURSDAY. AUGUST 25. I960
MEDFORP MAIL TRIBUNE, MEDFORD. ORE.
round
U.S.D.A. Choice
You Can Be Sure of the Quality!
CUT THICK OR THIN...
'
VJT. Our Own,
Very Lean H
w -v if 4 "
3:T'
STEA
SUMMER STORE
HOURS:
Open Every Night
Until 9:00 P.M.
Seven Day.
a Week
And You Get..:
THRIFTY GREEN STAMPS!
Ground Beef
THICK SLICED - Swift's Premium
BACON
2n
Fresh Frosted, Fully Clean
Cocktail Shrimp
Uncooked . . . One-lb. Package
BETTY CROCKER CEREALS
CHEERIOS
WHEATIES
COCOA PUFFS
HI-PRO
10V4-oz.
12-ox.
8Vi-oz.
6Vi-oz.
Reg-
30c
Pkgs.
YOUR
CHOICE
New Twinkles ?.
ounce Reg. 30c
3 - 79
2 for 49
WOT -gm i it
m
12-oz. Can
Se OFF
Reg. 41e 0 JLf
Price vO
LSI
Handy Andy
LIQUID
CLEANER
QUART BOTTLE
10c Off Regular .
73e Price
63
Vi Gal. Can v! j
18c OFF k"3
in J.
ImI'm 1
Reg. $1.55 437
Boneless
IRUAAIP
(o)(mc
(OjSjlb
Hickory Smoked
CANNED HAM
3i s2
Free Demonstration
Friday and Saturday
89
Swift's Premium - CHUNK STYLE
LUNCH MEATS A
Pickle Pimienlo-Macaroni Cheese -Olive Loaf "
Featured this weekend at the
Groceteria . . . at our everyday ,
low prices . t, . ; i
4-H CLUB FAIR
LAMB PQUK.
The 4-H Beef is aging in the cooler.. Watch our ads. We wish to congratulate all
the 4-H and F.F.A. members and their leaders for the fine showing this year.
Again this year your Groceteria bought more livestock than any other buyers at the
4-H and F.F.A. auction and hope that this year all of you, our customers, may have
an opportunity to try some of this really wonderful meat.
Steers Purchased From
John Anhorn
(Reserve Grand
Champion)
Carolyn Sidener
Linda Gibson
Dianne Brewster
Carol Bradshaw
Florence Woolfolk
Phil Krouse
Karen Jossy
John Bray
Betty Norris
Larry Toner
Swine Purchased From
David Foote
(F.F.A. Grand
Champion)
Louis Barker
(4-H Res. Champion)
Carol Foote
Ann Higday
David Bailey
Louise Herzog
Jim Frink
Lambs Purchased From
Terry Gall
(Reserve Grand
Champion)
Judy Bagley
(Champion Hampshire)
Slikki Hammond
Ross Conger
Dennis Hoffbuhr
David Nunley 1
Carolyn Barnes
Robert Piete
Larry Wright
Randy Hval
Louis Lathrop
BIGGEST, BEST PRODUCE SELECTION IN SO. OREGON
LOCAL
BELL
PEPPERS
Medium Size
3 fr
10'
Valencia
Oranges
138 Size
DOZEN
Get Thrifty
Green Stamps
With Produce
at
Groceteria
LOCAL
CUCUMBERS
Long, Green
Slicing Type
Makes Salads
Extra Tasty
3 r 1 0
Sno Boy
CELERY
HEARTS
PACKAGE
Get Thrifty
Green Stamps
With Produce
at
Groceteria
1
Gravenstein
APPLES
Perfect Pie and
Sauce Apple
21
25'
California
Cabbage
Solid, Green
Heads
Get Thrifty
Green Stamps
With Produce
at
Groceteria
B
W$iM c E H tW' African Hep. :-$uotl
CAMEROON
r.iRriN " . CON
REP TREPU
Bnnaville
w M
ni-v'-vY " so ORIENTAL ' X. V---I
f :.
y;'v.V-::::7 C ' MV--,. $tanleyill vUGANDA
t!WQUATOR
If - . !Wm? BuklfUUIRUN0l2
i KATANGA ,;H
'''jfSr. J! LEO POLDV I L LE
MORE CONGO TROUBLE-Throe hundred
were claimed killed Wednesday around
Luluabourg, capital of the Kasai province
(shaded area), where Congo Premier Pat
rice Lumumba has poured more than 1,000
troops to crush a secessionist government.
J iWZtt. N RHODESIA :v;-:f!
The troops, armed with rifles and machine
guns, were airlifted into Luluabourg to
overthrow the so-called "mining state"
set up in Kasai several weeks ago by Ba
luba Tribal Leader Albert Kalonji.
(UPI Tclephoto)
Firm Presents New Method
Of Listing Corporate Profits
By HENRY J. BECHTOLD
United Pres. International
New York - (UPII - The Well
ington Management Co. has
come out with a new measure
of corporate
profits which
it says pre
sents more in
formation for
more recent
pcriors in a
manner more
useful for fi
nancial analy
sis than other
Henry Bichtold data currently
i . t. available.
Edmund A. Monnls, vice
president - Investment Re
search; has presented the new
Wellington's research staff
has of their operations.
He explained that the data
gathered for each company
wore sales, net income before
federal and foreign taxes, de
preciation and depletion, net
Lane Court May
Have To Decide
Coroner Issue
annual meeting of the Ameri
can Statistical association at
Stanford University, Palo
Alto, Calif.
Mennis said the major re
ports on corporate profits
now available from govern
ment and private sources are
of limited use for financial
analysis.
Reports Are In.ufficient
Most of these reports', he
declared, do not give suffi
ciently detailed Information
by industry or do not repre
sent a consistent sample over
a period of time, and there
fore comparison of a particu
lar company's performance
with that of industries in
these reports "is not possible."
The new Wellington sample,
on which the firm's research
staff has been collecting and
analyzing data since 1957,
covers 110 companies in 24
industries. They are large,
successful companies, solcct-
ed because of their invest
ment interest.
Mennis 'noted that 100 of
the 110 firms are listed on
the New York slock exchange;
the 10 not listed are bank
stocks which trade in the
over-the-counter market. At
the end of 1050 the total mar
ket value of the listed slocks
accounted for 52.3 per cent
of the market value of ail
stocks listed on the exchange.
Mennis said these compan
ies also were selected because
of the extensive knowledge
income, preferred and com
mon dividends, and capital
expenditures.
These data were gathered
for each year since 1947 in
order to reflect the postwar
period after the initial adjust
ment from World War II had
been completed.
No attempt was made at
weighting, Mannis said, and
therefore each company is
only weighted by its dollar
contribution to the aggregate.
Mannis explained that the
usefulness of the Wellington.
sample is materially increased
because, in addition' to histor
ical data, the company Includ
es estimates for current and
future years. The estimates
Salem - (UPD - A decision on
the status of Oregon's con-
TITJXaI Parently going to be left up are prepared by the firm's
to the Lane county circuit senIor securuj anaijsi re
caurt I sponsible for each industry.
Secretary of State Howell The data are annual estimat-
Appling Jr. said that if Lane lor each calendar year, and
county District Attorney Wil
liam Fry carries through his
announcement that he will
advise the Lane county clerk
not to put the coroner office
on the ballot that a court test
would result.
The secretary of stale said
he would file a suit against
Lane County Clerk Harry
Chase if the county official
refuses to certify the office
of coroner to the November
ballot.
The dispute over the cor
oner situation came as a re
sult of an opinion issued by
Atty. Gen. Robert Y. Thorn
ton recently that coroners
must be elected in 21 Oregon
counties including Lane.
The 1959 legislature abol
ished the coroner position in
all but Multnomah county ef
fective Jan. 1, 1961.
However, it provided that
all coroners elected prior to
that time would serve out
their terms.
Memphis, Tenn. C. L.
Montgomery had insurance
worries. He insured his auto
supply store against burglary
after It was twice robbed. The
insurance company tried to
cancel the policy when a
third break-in occurred. Mont
gomery protested. While he
was awaiting the final de
cision, the store was burglar
ized for the fourth time.
this has proved more useful
and successful than quarterly
estimates, for a number ot
reasons, Mannis said.
Corporate Income Higher
The results of a survey of
corporate profit expectations
for 1960 made by Wellington
in June show expectations of
an 11.5 per cent improvement
in aggregate net income, based
of a 6.5 per cent rise in sales.
The major increase is ex
pected in the non- durable
good industries, reflecting the
reaction from strike-plagued
1959.
Mennis noted that the 11.5
per cent increase is somewhat
less than had been expected in '
the two earlier reviews of the
1960 outlook for the sample
made in December 1959 and
March of this year.
Since last December down
ward revisions of about 6 per
cent in 1960 net income esti
mates have been made for the
total sample, with the major
drop, 12 per cent, in durable
goods industries, especially
the auto, steel and aluminum
industries.
Mennis stated that the Well
ington sample is not proposed
as an answer to all of the
questions that might be asked
about corporate profits, but
he believes that it gives more
current data on the profit out
look than any other series
now available.
' ''" s ' ' t 1, mm"
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FAIR EXHIBIT - Pacific Telephone-North- cess telephone, and picturephone system
west's Oregon state fair exhibit will fea- in the background. Dates of the fair at
ture girls like Judy Rickert, left, and Jo Salem are Sept. z through iu.
Ann stones, who Is holding the new Prin-, ;