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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (March 23, 1961)
6 B THURSDAY, MARCH 23, 19S1 MEDFORD MAIL TRIBUN-. MEDFORD, ORE. Brokerage Firm's Branch Eyes Influx of Walk-in Business By HENRY J. BECHTOLD UPI Financial Editor New York UPD The tre mendous building boom in New York City, particularly on nisioric Third a v e., has opened new areas for the already numerous stock broker age firms. The first firm seeking to take ad- Henry Becntoid vantage of the hordes of people now stream- Ing from the many new office buildings lined up along mid town Third ave. is Steiner, Rouse & Co. It set up a new branch in the area in mid-January, not only anticipating the benefits from the building boom, but from the great concentration of banks in the vicinity, which it said meani "money" In the area. .. Branch manager Edward Mirabella noted that business at the new office has been much better than company ex pectation, so much so that ad ditional telephone already have been installed. Botanist Warns of Poison Oak Season Corvallis-If you're a poison oak sufferer, you'd better watch your step when you go for those spring hikes and take short cuts through fence rows. - La Rea Dennis, botanist with the Oregon State uni- ' versity herbarium, reported the season for poison oak is from April through October, but March Is none too early for the sensitive person to tread lightly. Actually, poison oak can be "caught" In the "dead of win ter," but people are more apt to come In contact with it when the weather Is nice. One poison ' oak species covers western Oregon but a similar species known as poison ivy, found In extreme eastern Ore gon to the Atlantic coast, has the same effects. As a shrub, poison oak grows from 3 to 10 feet tall, erect, thick and woody. As a vine, it twines around trees. Leaflets are from one-half inch to nearly 2 Inches long, pro duced three in a group on a common stock. Resemble Oak Leaves Leaflets somewhat resemble oak leaves. The surface of the leaf is glossy and may have a blistered appearance. Flower groups are about one quarter inch across, greenish - white, borne in clusters on a slender stem. Fruits are berry-like, glossy, and dry when ripe, with a striped stone inside the papery shell. What causes the skin irri tation is , the oil substance which Is contained on the en tire plant. The painful irrita tion of the skin appears sev eral hours, or even days, after contact. Humans vary from extreme susceptibility to near Immunity. A few cases hove been reported where the poison covered such large areas of the body that death resulted. A doctor Bhould be consult ed in nil extreme cases, it is suggested. Numerous lotions for relieving the discomfort of poison oak are on the market. Some people get poison oak "shots" ahead of the season. To become poisoned, the skin must usually come into direct contact with the poison oak oil, either by touching the plant or by touching some thing that has touched it, such as clothing, gloves, shoes, or firewood. Some from poison oak wood fires often poisons some persons. Dried out speci mens housed in the OSU her barium for more than 10 years still have the "power" to give the handler a case of poison oak, Miss Dennis reported. Grange Ikies Pomona Grange Hornbrook-Pomona Grange held its annual meeting in. Hornbrook March. 18 at the Grange hall. A potluck dinner was served at noon, with the meet ing reconvening in the after noon. Members were present from Happy Camp, Scott Val ley, Gazelle, and Greenhorn Grange from Yreka, with Po mona Grange Master Lewis of Ft. Jones presiding. District Deputy and Mrs. Vayne O. Ralston also attend ed. They were accompanied by their son-in-law, Kenneth Bley. All are from Yreka. As pnrt of the program, Ral ston showed slides of some of the smaller dams in Siskiyou county. - , Receiving the Pomona de grees wore Mri, Arrion Burns and Mrs. ' James Marlow. About 45 persons attended. The next meeting of the Po mona Grange will be held May 25 at Dorrls, Calif. While most of the Steiner, Rouse business Is done over the phone, Mirabella said the new branch is experiencing a better than average walk-in trade.1' The office is jammed with visitors during the peak lunch period of about 11:80 to 2. and they come from all walks of life - general office help, con struction workers, waiters, teachers, truck drivers, etc. Mirabella told United Press! International that his experi ence thus far In the new neighborhood has shown wait ers to be the most speculative Investors, followed by young people and those men, In the construction line, Retired people, of course, tend to be the most conserva tive, with general office work ers also unwilling to take big risks. Usually against the better judgment of experienced brok ers, a surprisingly large num ber of people invest on hunch es, tips or even dreams. Mirabella has found that from 80 to 69 per cent of the new branch s customers pre viously had accounts else where. He cited convenience as a big factor in this switch ing of accounts. And of the 35 per cent of customers open ing accounts for the first time they range from the very small to fairly big. Loner Hours Although trading on the New York and American stock exchange does not begin until 10 a.m. the new Steiner, Rouse branch has a broker on hand at 8 a.m. to handle the early arrivals in the city. The office also remains open until 8:30 p.m. to catch the evening crowd. The opening o a new branch in a virgin area is done through careful planning, and i not with a rabbit s foot in hand. Assured of a huge popula tion in the area to draw from, the brokerage firm set up shop with a staff chosen from ex perienced personnel in other branches. These staff members can vassed the new area by mail in search of new customers. This was done to inform peo ple of the new facilities avail able and the services offered. Steiner, Rouse said It has found out through the years Hint, ninny persons do not In vest their savings in securities only because they do not understand the simple pro cedure necessary to purchase. And while looking for new customers and servicing their accounts are the main jobs of the brokers, they also have to help the investment communi ty educate the public. This is done through speeches, pamphlets, and direct contact. 0OOo0pp0oo'opoo060o0o0oog MOTHERS! Exciting Discovery Makes Bathfime FUN O o o o $ 00 o o o O O o o o Oo o 0 O0 0 CP Oo oO o0 oV O? O? ' o . ff , ' -2Si'- N.f J A No Bathtub Ring I The Kids love lt-Grown-up too - You Will Find Moloy AT YOUR FAVORITE SUPER MARKET OR FOOD STORE , No Eye Sting-No Raihlub Ring Oo 1 0 o o o oO ? oo S oO A oO 0 ? o0 o o0 Oo oO O 35 cvo Canadian Census Scheduled To Start in June Ottawa, Canada (UPD Eight een million Canadians will Inin forces with the Eovern- ment later this year to paint a statistical portrait ot tne na tion. Twenty five thousand enu merators and an electronic brain are doing the spade work. The report will take stock of almost all phases of Canadian life. ments will also use it to de termine the level of various per capita payments and to project the nation's welfare bill into the future. Private business is certain to be interested in the results as well. Government officials expect a "fair" sale of the various surveys to companies seeking to' make maximum use of sales and promotion campaigns. 10th in Series The census, which will cost between $15" and $20 million, will be the 10th in a series of official nose - countings held every 10 years. A less elabor ate survey is conducted every five years. Although the actual survey is four months away, the rfv has sparked a national controversy. Com plaints have been heard from numerous sources on the type of questions to be asked by the doorbell-ringing enumerators. The main storm concerned a question on ethnic origin. The government, besieged by protests from French Cana da in particular, tore up mil lions of forms which desig nated "Canadian" as a pos sible ethnic or cultural origin. The question on the number of babies brought a protest from former Member of Par liament Anne Shipley. She threatened to disregard the questionnaire. Such action could get her into trouble. The Canadian Statistics Act empowers the government to impose a $100 fine or three months imprison ment on anyone refusing to provide the requested an swers. The last official count in 1951 produced a total popula tion of 14,009,429. The June survey is certain to uncover more .than 18 million Canadi ans for a growth rate of better than 25 per cent in the past decade. tat' 'Ml ,( i fitful ' Ar V- j. I f . ;v l--.vM i ' -X 1 I l.'i M , ! -" ".' 1 Tn June federal n o s e- counters will call on more I V"-. fl I C1 v & f 1 than 41A.millinn households tn I 11 a 1 I ' . I find out who lives there, what II 1 1 : ' I t !" - I I thf rpsiripnts Hn and what I V 1 1 Iff V 1 thev earn. Some women al- ready have complained about I (hp miPcHnn nn hnw manv children thev have borne. The J f' ' "1 question is designed to deter- ' ' ' 1 I -4"''rI mine the fertility rate of Ca- V 'h- T- '- m MM nadians. II I ! . HWs&fl some of the results of the Motorist Gets Fine II IVfi; I St'JjiiitW'tte? I nnl until 10R9 ThoroenWe will ' BrfittleborO. Vt. -WPII- It COSt I K - . I M l have a practical application in Theodore R. West of Spring- I I mm 1 Uwpral lmiwta.1 fioM. field. Mass.. S25 for taking his I I MB 1 '3s;Wv .'ff I The first imDact of the sur- mechanic's advice. I imiiina ii mm . .. i I if" -mmmammmmmmmmmmmmA vey Probably will be felt in He paid the sum as a fine i thf rnHistrihnf inn nt uiatc In aftoi. ho ii,ac ' nrt-PstP1 fnr MURROW TAKES OATH Edward R. Mur- oath of office as director of the United Parliament to ensure the fair- snperfine Hp told Dolice his row. riaht. chats with President Kennedv States Information Sprui pp in a PPrpmnnv I emt rwrtrPBonlatinn fnr iYn I manVionin ciA in rant thp far after the former TV commentator took the at the White House. (UPI Telephoto) I Canadian electorate. Govern-' to get "kinks" out of it. i J lr.LJ ITN. PS ' JfSJT. .' 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