Medford mail tribune. (Medford, Or.) 1909-1989, April 13, 1962, Image 26

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Medford mail tribune., April 13, 1962, Image 26

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Newspaper Page TextFRIDAY. APRIL 13, 19S2 MEDFORD MAIL TRIBUNE. MEDFORD, OREGON Total 43.71 69.64 5.53 Land Board Makes Appraisal Payment $7,500 already given the Navy for the appraisal. The board is concluding final details of the space age project so that Boeing Co., Seattle, can occupy the site for testing. They'll Do It Every Time n. By Jimmy Hatlo Salem - H'PD - The Oregon Land Board Thursday gave the U.S. Navy $1,500 toward the cost of an appraisal of the western half of the 100, 000 acre Boardman industrial park in Eastern Oregon. This will be added to WllEN THE BUSUWACKEI3S MOVED IN TO THEIR NEW CW65 TUE NEIGHBORS CAVE THEM THE COLD COLLARBONE- lOW BU5HVVACKER AND WIFE ARE M0VIN6 AWAY AND THE NEIGHBORS ACT LIKE THEV'RE LOSING LOVED ONES- 95.91 39.19 78.12 71.47 confidentially We LOVE to Loan! 215.30 48.85 281.91 7 I'VE NEVER " . 7 KNOWN NEIGHBORS JWZ w ,rA ' TO BE SO COLD! J 7 DONT BOTHER I SIX MONTHS VOUR HEAD WVE BEEN HERE -ABOUT THEM.' i AN0 NONE OF THEM j WERE MOVING : v AS MUCH AS SAY l SOON ANYWAY .' L EILO--- rp ( YOU MUST fi, ( SO SORRY A J GIVE ME J V 10 SE. YOUR NEW BpT. YOU 6' ADDRESS.1 I 43 J? V V Mam. - Property Ytr Tix Int.r.i Perry, Lyman Earl Code 549 1 1954 27.98 15.75 P-22343 fowler, L. J. Code 62-1 1954 44.55 25.09 P-35899 Fleming, Wm. Code 1954 3.54 1.99 Foreman Studio Code 549-1 1953 44.74 28.78 P-22363 1954 14.32 8.07 George, L. B. Code 6-9 1954 25.07 14.12 P-13120 Goodwin, Roy 1954 49.97 28.15 Gutchei, W. L. Code 35-2 1954 45.72 25.75 P-19408 General Wood Products Code 22-3 1953 67.85 43.65 P-18036 1954 66.40 37.40 Huffman, E. L. Code 100-2 1954 29.97 16.88 P-39830 Fred Hoefi Logging Code 91-2 1954 180.33 101.58 P-38419 Holt Logging Co. Code 22-3 1954 158.47 89.27 Geo. A. & Gilbert Holt P-18055 Hall, Robert 1954 15.17 8.55 Heller Furniture it ' 1953 34.23 22.02 Upholstering Co. Higinbotham, Wayne Code 10-2 1954 2.10 1.18 P-17129 Huckaba Lumber Co. 1951 7.53 6.05 ' 1952 27.79 20.10 Josephson. Frank E. & Lucille 1954 55.39 31.20 Jackson Motors 1954 78.43 44.18 Jacksonville Feed & Seed 1954 20.56 11.58 Jimbes Cafe Code 35-3 1953 31.91 20.53 P-10942 1954 33.60 18.93 Irvin The Taylor 1948 61.65 63.70 1953 11.64 7.49 1 1954 27.27 15.36 Jones & Lewis 1953 79.83 51.35 Krispy Krust Pie Co. 1951 77.97 62.63 1952 91.25 66.00 1953 98.87 63.60 Kuanik, Karl Mrs. 1952 30.19 21.84 1953 29.16 ' 18.76 Lucille'! Needle Art Shop Code 100-9 1954 31.04 17.48 P-41227 Le Clair, Paul Code 549-1 1054 151.40 85.28 P-22563 Lien, Olaf S. it Ellen Code 1954 59.93 33.76 McCall, E. B. Code 6-4 1954 4.31 2.43 P-11700 Mansfield, Sam N. 1054 75.39 42.47 Miller, Ray tt 1954 123.51 69.57 Mason, George P. Mitchell, Ralph Code 549-3 1954 44.53 25.08 , P-32104 ' McMillin. Etta 1954 6.35 3.58 Morgan, Edward B. Code 549-3 1954 9.11 5.13 P-32107 Millard, George Code 9-2 1953 111.45 71.70 P-14140 1954 105.92 59.66 Morris, Everett Code 5-2 1953 230.96 148.58 P-7695 1954 166.26 93.65 Matthews, Qulmin Code 9-2 1951 5.84 4.69 P-14129 1952 6.42 4.64 i ' 1953 6.22 4.00 1954 6.95 3.91 Moore, Roy V. 1950 171.46 151.45 O'Dell, R. L. Code 69-5 1954 18.65 10.51 . P-37238 O'Shea Plumbing Co. Code 549-1 1950 45.99 40.62 1952 19.90 14.39 P-22755 1951 " 51.11 41.06 ' . ' 1953 15.69 10.09 1954 19.33 10.89 Patterson, Earl Code 5-1 ' 1954 38.50 21.69 P-4753 Pearson, Ann Code 549-1 1954 48.42 27.27 P-22782 Puckett, D. V. . Code 549-3 1953 95.02 -61.13 ; . P-32120 1954 15.18 8.55 Rupp, J. E. it Lois J. 1B54 84.60 47.66 Ripley, Charles M. Code 89-1 1954 5.59 3.15 P-37866 Roma Tex Brlx Code 100-2 1054 22.69 12.78 E. C. Niles P-39852 Rogue Valley Auction Code 100-2 1954 1.39 .78 C. R. Erwin P-39851 Rick, Wm. F. it Anna B. Code 549-1 1954 21.82 12.29 P-22846 Rue, Albert & Phyllis 1954 48.12 27.11 Rollins, Daniel 1954 46.58 26.24 Rainbow Cafe Code 89-1 1954 11.18, 6.30 Sarah A. Moffett P-37665 Rogue Valley Cleaners 1953 71.99 48.31 1954 39.00 22.48 Rceder, John G. - 1953 79.38 51.07 , . 1954 58.32 32.85 Heed, R. R. tc Emma Code 100-8 1951 16.31 13.10 P-41102 1952 12.82 9.27 , ' ; 1953 5.44 3.50 1954 2.88 1.62 Summers, Mildred Code 10-2 1954 2.80 1.58 P-17169 Sennett, Gcoite, Deceased 1954 85.89 48.38 Snider, Kiek Code 69-5 1954 12.68 7.14 P-37248 George Spencer Logging Code 549-1 1954 2.05 1.15 P-22940 Sloan, Robert Code 549-1 1954 70.93 39.95 P-22926 Sutton, Clarence Code 549-3 1954 14.67 8.26 P-32151 Scott, Walter 1. it 1954 12.28 6.92 Mildred Scott Stanford, C. B. Code 540-1 1954 17.05 9.60 P-22952 Sparks, M. E. it Udith H. Code 6-2 1954 128.03 72.12 P-11080 Stockton, Charles L. 1954 115.78 65.22 Sanders, F. R. Code 62-1 1053 38.03 23.70 P-25879 1954 103.32 58.20 Svinth Lumber Co., Fred ' 1051 3,184.35 2,526.14 Spic & Span Cleaners Code 5-1 1952 74.59 53.95 P-4809 1953 168.63 108.48 1954 171.63 96.68 Tate, J. G. 1947 185.98 208.89 1952 148.09 107.11 Utter, M. J. 1954 14.44 8.13 Vielbig, Walter 1954 10.79 6.08 Valley Farm Products Code 540-1 1954 84.79 47 76 F. R. Faulkner P-23027 Valley Cleaners Code 540-1 1953 182.43 117.36 P-23026 1954 174.59 98.35 V-H Cattle Co. 1953 454.68 292.50 Geo. W. von Hallbon 1954 160.63 90.48 Wren, W. C. 1954 94.69 52.39 Williams, Maxon M. it Code 62 1 1954 297.66 167.67 Williamson, Wm. W. P-35895 Woodard, Ray & Dixie Code 69-5 1954 8.95 5.04 P-37254 Wright, Carl E. Code 549-1 1954 17.05 9 60 v, . P-23092 Watson, Bob Code 549-1 1954 17.05 9 60 ,.r ., , - P-23058 Wallace, Jesse T, Code 6-9 1954 118.61 66.81 f u . . P-13175 Webster, L. B. Code 549 1 1954 23.87 13.43 P-23058 Weaver, Jack Ivt 1954 55.90 31.49 Wllkins Fuel Code 22-3 1954 3.72 2.10 Wm. G. Wilklns P-18131 Wortman, Jack M. it 1954 11 33 6 38 Edwin G. Westmoreland. M. O. It Jack Code 5-2 1953 35 44 22 8(1 ,,,,. , . , P-7770 11154 27.00 15.21 Williams, Paul it Muriel Code 95-2 1951 81 24 65 26 P-39230 1952 82 30 59 53 1953 223 65 143 87 , , 1954 133.58 75 25 SKCr fZm " u a , 11,51 75 ' 0 74 Webber it Weisner Hardwood yi 174 69 1"B35 , . . , 153 133.16 h.Sfi a"5M..rckt cav 1954 72 62 4091 Zane'i Plumbing Code 100-9 1954 68 89 38 81 P-41253 Zollinger. J R. 1954 ,v41 14.31 Grand Total 477.952.59 116.119.48 Dated this 4th day of April, 1962 247.74 23.72 56.25 3.28 61.47 86.59 122.61 32.14 104.97 187.11 131.18 460.32 , World nghTi imniJ. 236.68 Yfl 93.89 f VJ1 1 193 08 IHggng. Your Money's Worth 69.61 9.93 14.24 348.73 639.45 42.67 322.91 29.16 269.07 60.19 75.69 179.88 132.26 8.74 35.47 2.17 34.11 75.23 72.82 17.48 180.88 221.62 64.94 4.38 134.27 19.82 3.20 110.88 22.93 19.20 26.65 200.15 181.00 223.25 5,710.49 By SYLVIA PORTER Copyright, Had Syndicate, Im 673.96 650.05 22.57 16.87 132.55 572.73 998.29 147.08 465.33 THE TEN MOST FAVORED STOCKS Standard Oil of New Jersey, American Telephone, Du Pont, Texaco, Union Carbide, U.S. Steel, International Busi ness Machines, Standard Oil of California, Gulf Oil, General Motors. Outside of the obvious fact that these are among the largest corporations in the U.S. with names known the world over, what do these 10 companies have in common? This: the stocks of each of the 10 show up on every major list f "Favorite 50" stocks of investors - ranging from the leadhig institutions of the country to the smallest investor. Each of the 10 appears on the list of the 50 stocks most favored by over 1,600 of the nation's top institutional in vestors - such as pension funds, endowment funds, trust funds, mutual funds. Each of the 10 appears on the list of the 50 slocks most favored by small investors buying stocks via the monthly investment plan and investing as little as $40 every three months. And today. In lha "Exchange Magaiine." each of the 10 appears again on the first list ever published breaking down the holdings of the 26 closed-end investment com panies listed on the New York Stock Exchange. (A closed end investment company uses funds at its disposal to buy the securities of other companies; closed-end investment companies differ from mutual funds in that they have a fixed number of shares outstanding while the total out standing of mutual or open-end funds constantly fluctuates as these funds buy and sell their own shares.) These are solid favorites indeed - of the pros as well as of those presumed to be amateurs. Why? Consider Standard Oil of New Jersey, first on the list of institutional investors, sixth on the list of the closed-end investment companies, eighth on the list of small investors. In Jersey Standard's case, the dominant reason for its popularity Is the annual income it offers investors. At the year-end, it was returning buyers an annual yield of 4.9 per cent ana it nas paid at least one cash dividend a year since 1899. Consider American Telephone, fourth on the list of insti tutional Investors, 12th on the list of the closed-end invest ment companies, third on the list of small investors. Here, the reasons for enduring popularity are safety and continuity of Income. Telephone has paid dividends every year since 1881 - and in all but the first two of the 81 years, the payments have been made quarterly without a miss. Recently, too, Telephone has taken on the characteristics of a growth and glamour stock. Consider IBM, 11th on the list of institutional investors, third on the list of the closed-end investment companies, second on the list of small investors. As a growth stock, IBM has been almost in a class by itself in recent years. Between 1950 and 1961, its sales sky rocketed 568.3 per cent and its profits soared 356.7 per cent. For income, it is a ridiculous holding. At the year-end, it was yielding an annual return of less than of 1 per cent. Safety, income, growth - any of these or a combination of them may be the force behind the popularity of the 10, and that leads into the significant fact that the profession all are frequently buying and selling the identical favor ites. In the last three months of 1961, for instance, the Exchange Magaiine disclosed that two investment com panies bought 1.311 shares of IBM while one sold 500 hares, two bought 30,300 shares ot Jersey Standard while one sold 2,000 shares. One company might have been cashing in on a capital gain while another might have been anticipating a potential gain, one might have been selling because of disappointment over the stock's price action while another might have been buying the same stock for income. Timing of action and the objective of Investment - these are key factors. There's no missing the central point, though. As of spring, 1962, the 10 named in this report are the elite among the stocks of the United States. On the Air By ELEANOR WIESE Date of First Publication: April 13.1962 Date of Last Publication: May 4, 1962 Starting Monday t..e ami-1 son liar face of Douglas Edwards will be missing from the CBS daily 6:15 p.m. newscast. In 26.65 bis place will be the equally ! familiar face of Walter Cron 185.42: kite. According to the brief press announcement from Richard S. Salent, president of CBS News, "Douglas Edwards will assume a greatly increased schedule of informational pro gramming, including impor lan network assignments such as CBS Reports and other news and public affairs spe cials." This does not tell the whole ! story, however. The Edwards 656 21 Cronkite switch is hut one 1 13 33 development In the battle be tween CBS brass and news men that first began when Edward R Murrow quit the network after publicly criti cUing CBS President Frank Stanton. Karl M. Miller Howard K Smilli fnl. County Judge lowed in November. 1961. is: Chester H. Wendl when CBS bosses felt his out County Commissioner J spoken broadcasts were in- s: E. II. Taylor ; (ringing on the network ban County Commissioner 1 on editorialiiing. Sig Mickel- 13.99 I 26.65 37.32 87.39 5 82 17.71 100.43 864.68 107.70 and John Day. two toD news department men also re signed, idea man Irving Git lin moved over to NBC, and last week Bill Downs, an other CBS newsman quit. Such losses have shaken CBS domination of ii'wj and public affairs programming. ABC now has Howard K. Smith working under former Presidential press secretary James C. Hagerty. But it is to combat the attraction of NBC's Huntley-Brinkley S i i m e s e twin act that Doug Edwards is making room for Cronkite, whose viewer appeal has rock eted with his coverag of the Mercury flight. Reduction in Spring Vegetable Crop Forecast Washington -IUP1I- The Ag riculture Department has fore cast a 19 per cent reduction in spring vegetables from last year's output. This estimate was based on production forecasts of crops making up three-fourths of the usual spring vegetable total, excluding melons. The department said sub stantially lower production is indicated for spring cabbage, celery, cucumbers, eggplant, lettuce, green peas, and green peppers. Expanded production is indicated for beets, carrots, and sweet corn. Growth Retarded Below normal March tem peratures in winter and spring production areas retarded growth and lowered supplies during the month. In Califor nia, temperatures were below normal for the entire month and shipments were reduced. Development of vegetable crops also wa3 behind normal in Arizona and New Mexico. Cool weather retarded Texas vegetable growth early in March. Most Texas areas were in need of rain by the end of the month. High winds and freezing temperatures caused some damage in Florida. Family JVeelcly VISITS "Seattle World's Fair: A Preview of Tomorrow" Come along for a pictorial presentation of the biepest fair in this century. The buildings, the fun, the his torical jmportflnce are all here. ...In the April 15th issue... with your Medford Mail Tribune 39.72 594.072.07 IRUPTU A free demonstration will be given bv a trained PNEU-MATIC-SPENSlONjtf Technologist direct from the factory of the NEW NO BELT. NO STRAP. NO BULB. PNEU-MATIC-SPENSION. KOH MEN. WOMEN and CHIL DREN, AT HOTEL MEDFORD. Medford. ONE DAY ONLY, MONDAY. APRIL loth. Hours: 10 A.M. til 8 P.M. STltANGl'I.ATION CAN OCCl'R AT ANY TIME WITH AN IMPROPERLY HEI.l) HERNIA PNEUMATIC-SPENSION WITH TORSION ACTION IS THE SCIENTIFIC CONTROL FOR REDUCIBLE HERNIA. Worn In the bath and swimming. You are protected under any normal condition. This ad worth a dollar on a Pneu-mnlic-spcnsion. NO BELTS NO STRAPS NO RUCKLES NO OBLIGATION TO BUY WORN AND APPROVED BY DOCTORS. HOTEL MEDFORD, Medford. MONDAY. APRIL 16th Hours: 10 A.M. 'til 8 P.M ABBOTT SI IU.ICAL APPLIANCE CO. 542 S. Broadway, Suite 815. Arcade Bids.. Los Antrles EASY TERMS LOW BANK RATES SEE YOUR DEALER If you want your car to sport a flower on the ra diator, you may have to buy it yourself. (The flower, we mean.) U. S. National will gladly fi nance the rest of the auto through the dealer of your choice. Fast action no red tape. THE UNITED STATES NATION At BANK OF PORTLAND .---r-r$ I off FT KP shut- v In less time than it will take you to read this message, Red Cross will have collected two pints of blood. One of them might conceivably save your life-or the life of someone dear to you. Red Cross makes no charge for the blood it gets from voluntary donors. It also provides vital blood derivatives that are given to hospitals, public health ogencies, and physicians. Your help in supporting Red Cross keeps this lifeline open. ') WHEN YOU GIVE ...WE CAN HELPERS The Red Cross- Will Be at the Medford Red Cross Building -60 Hawthorne MONDAY 3 pm to 7 pm TUESDAY-10 am to 2 pm April 16 and 17 Phone SPring 3-3813 and Make Your Appointment! if you live in ASHLAND . . . The Bloodmobile will be in Your City Wednesday, April 18-1 P.M. to 6 P.M. If you live in Shady Cove.. The Bloodmobile will be there FRIDAY, APRIL 20 3 P.M. to 7 P.M. Help Jackson County meet its blood quota. The blood you donate will be used to meet the needs in Jackson County's four hospitals. Plecse - Do YOUR Share Medford JIJTribune