FRIDAY. 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