MEDFOBD MAIL TRIBUNE. MEDFORD. OREGON
WEDNESDAY, AUGUST 22. 1962
Quotes From the News
BY UNITED PRESS INTERNATIONAL
Houston. Tex. Astronaut Scott Carpenter, explaining
what effect the Soviet Union's recent space achievement have
had on America's seven Mercury astronauts:
"W'r not discouraged. W art )ui challenged."
Investment Clubs Prove Profitable
Inverness. Scotland Prince Philip, annoyed by a zealous
cameraman during an outing on the royal yacht: !
"Well, did you get a picture of my left earhole? You have I
been following us ever since we left the Grinnan Canal with !
that thing. You would think we were at the soo." I
Washington - AFL-CIO President George Meany's descripj
tion of Americans who propose cultural exchanges with the
Soviet Union:
"Academic nitwits."
By FREDERICK H. TREESH
United Press International
New York - lUPH - Ameri
cans like to be socialable and.
not at all surprising, they like
to make money.
In increasing numbers, they
are finding a way to. accomp
lish both goals at once: they
are joining investment clubs.
An investment club, for the
uninitiated, is a group of per
sons, say 10 to 15, who band
together to jointly invest reg
ular' sums in securities- At
meetings, its members study
al Association of Investment erage growth was 17
Clubs (NAIC) and an invest-i cent," O'Hara said.
mcnt club member himself for j club was as high as 147 per
22 years. He said the clubsj cent "
in the main, are getting a good O'Hara said one member of
return on their investments, j his own club, who started in
Grow In Recession i vesting S10 a month (he since
O'Hara said a survey in : has increased the amount),
1960, when the market was now has a securities account
down, showed NAIC mem
ber clubs were averaging
eight per cent growth a year
on their investment. That, he
said, was throe per cent bet
ter than the Dow Jones in-
i dustrtal average
Bradford. England Photographer Harrison Marks, com
menting on the furor that has arisen over the exhibition of
three nude portraits in the city art gallery:
"Behind many complaints there's a woman who thinks
her husband is looking at the nude when he ought to be
looking at her."
the investment potential of i "Last year, when the mar-
various corporations and rie- ket was at its peak, the av
cide which stocks they will j
buy. I . . -..
If they invest regularly and ! Prescription tjiven
choose their securities wise- c.. Tr.n,'nn TlAort
. . "3
Fresh Bartlett Pear
Promotion Planned
Fresh Bartlett pears from
the Rogue river valley will
Join other Pacific Mountain
Bartlett pears going to eastern
markets in a few days, to be
coordinated with the move
ment of early California Bart
letts. Picking of Bartletts is just
getting under way in the Pa
cific Northwest growing dis
tricts, and an intensive adver
tising program in behalf of
the Bartletts is being directed
by the Northwest Bartlett
Pear council. Radio advertis
ing will start next week,
on several Mid-West stations.
The Pacific Mountain Bart
letts will reach their peak
during September and Octo
ber, which is about the time
when all the early California
Bartletts will have been mar
keted. Grown at higher eleva
tions, the Mountain Bartletts
mature a little later.
Early Estimate
The pack-nul of Pacific
Mountain Bartletts is expected
to range between 1,292,000
and 1,450,000 boxes, accord
ing to early estimates, reports
Council Manager Richard Pat
terson. He said the final pack-
out figures will be determined
by how many tons of the
luscious fruit are taken by
Tanneries. In any event, this
year's pack-out will be larger
than last year's total of 1,168,
000 boxes.
Included in this year's pro
duction are more red Bartletts
than ever before. These pears,
tinged with a deep red color,
are proving more and more
popular and the bright color
ing seems to have helped them
develop a tremendous sales ap
peal. This year's Iheme is "Sweet
As Honey," which is a repeat
of the successful 1961 sales
ly, the modest checks the
members turn over to the club
treasurer will in time mush
room into a sizeable nestegc.
"A great majority of invest
ment clubs are formed with
members investing $10 a
month," said Thomas E. O'
Hara, chairman of the Nation-
campaign. Emphasis will be
made on a Bartlett pear being
"a satisfying sweet" and that
it is a satisfactory sweet for
calorie-conscious persons.
The promotion backing up
this year's crop of Bartletts
will be extensive radio adver
tising. Approximately 7R ra
dio stations will be used in 32
of the nation's major consum
ing areas.
New cities added to this
year's promotion include Se
attle, Portland, Omaha, Kans
as City, SI. Louis and Des
Moines. The radio promotion
will begin on the Omaha,
Minneapolis and Des Moines
stations on Aug. 29.
Retailers are being urged to
feature displays of Bartletts,
to take advantage of the pro
motion campaign. Along with
the early California Bartletts
Northwest Bartletts come onto
the market when supplies of
other varieties of summer
fruit begin to dwindle. '
Colorful over-wire hangers,
with blue background and
featuring large yellow-colored
illustrations of Bartlett pears,
as well as small clusters of
pears, are being made avail
able from the council's nine
merchandising repre s e n I a
tives. Each is well acquainted
in his particular areas of Ihe
country.
Methodist Youths
HearPortlander
Salem - WW - The national
Methodist Youth Conference
here was told Tuesday that
the "chief sickness of church
people" is a failure to become
adequately involved in so
ciety's problems.
The speaker was Dr. Daniel
Taylor. Portland, pastor of
Rose City Park Methodist
church.
In today's world, the public
has grown accustomed to see
ing the church "run along he
hind society and bind up its
wounds, rather than trying to
change its course," Taylor
said.
He called on church people
to become more involved in
all social processes.
The youth delegates discuss
ed the ecumenical movement
Tuesday night, agreeing on
the need for unification of
churches under the Christian
umbrella, and the need to un
derstand other world reli
gions.
New York - ll'PO - The fol
lowing verbal prescription,
cited in the "Professional
Nursing Home'' journal,
shows the way to get along
with your elders:
"Treat elderly people as
you would like to he treated
when you become old. Be un
derstanding, have feeling,
show empathy, accept resent
ment, be sympathetic and ac
cept preoccupation."
FOOL'S GOLD
Coloma. Calif. - H'Pli - The
thief who broke into the
Marshall Museum' in Gold
Discovery Slale Park and
made oft with a pnufch full
of "nuggets'' will learn an
old lesson ahnut. "all that, glit
ters . . ." Harold H. Serier
quisf, acting park superin
tendent, said Monday that the
realistic-looking nuggets,were
bronze-and of no value.
worth $30,000. Another mem
ber withdrew part of his hold
ings after several years and
bought a restaurant. He now
operates a chain of four eat
eries, O'Hara said.
The NAIC, now 11 years
perold, has R.OOfl member clubs
One t with a tnlal memhnrshin of
more the 100,000. O'Hara
said. He estimates there are
about 40,000 investment clubs
in the nation with an aggre
gate membership of perhaps
a half-million.
The advantage of the in
vestment club approach to in
vesting. O'Hara said, is two
fold: it helps the member to
develop the investing habit
and it teaches him how to
invest wisely.
The personable NAIC chair
man, the group's only paid
official, puts special empha-
sis on the educational factor!
of club membership.
! Study Market
i He said that at the clubs'
i regular meetings, members
imake detailed reports on two
or three corporations. They
compare the stocks reported
on. ones previously discussed
and study market conditions
and the various securities'
long-term performance before
making their decisions to buy.
O'Hara said the most suc
cessful clubs followed three
principles advocated by the
national association:
Invest regularly.
Reinvest dividends to
take advantage of the com
pounding factor.
- Select stocks for growth,
those which perform better
than the industry in general.
Is an inexperienced invest
or, as a member of a new
club, likely to lose his shirt?
No, said O'Hara.
"When a club first starts,
the memherj do not have
much money tied up in it,"
he said. "As the money growl,
so does the members' expert'
ence."
Five Small Fires j
Reported in State j
Salem ilTI) Five small fires
were reported Tuesday on
state and association protected ,
lands, the Oregon Forestry De
partment said.
Largest was a 4.6 acre fire
northeast of Vernonia, caused
by an electric fence.
Two fires of less than one
acre each were reported in
the Douglas district, with one
each in the Coos district, and
in Benton county near Alsea.
FIRST FOR QUALITY
CHILDREN'S SHOES FROM
i T
: CLIP THIS VALUABLE COUPON
This Coupon Entitles You to One
J Regular 1.25
; Kodacolor
Enlargement
I for ONLY . . . .
with aach roll of Kodacolor film developed and printed. (B'lnq M
coupon.) Enlargement can he made from any Kodacolor negative
you chooia. (Not slide.) Otter axpirei August 25, 1962. V
II
FAST FILM SERVICE
j Central e Drug j
! Main at Central S&H Green Stamps 772-9431
Local Merchants
Schedule Meeting
Members of the Downtown
Medford Merchants associa
tion are scheduled to meet at
10 a.m. tomorrow at the
Girls' Community club, 229
North Bartlett.
Mrs. Phil Brainerd an
nounced this morning that the
meeting place was changed
since the group will not he
able to meet. at. the Jackson
House as originally planned.
Items to be discussed by the
merchants include the side
walk sale and free parking
planned for Aug. 30 and 31.
Your Only Midday Service
SAN FRANCISCO
EUREKA
Depart 2:00 p.m.
JET-POWERED
SERVICE
7
V AIR LINES M lfjjr
HOLIDAY SUGGESTION:
Pacific to San Francisco Dinner
at Internationa! Airport Connect with
Pacific jet-powered excursion flight to RENO!
PACIFIC AIR LINES
For reservations call your travel agent or 772-6161
husbands
s&sfssr: &s in
rf5l-.'
ft
Yes Ladies!
Your Husband Is
worth 20 a lb.
on-the-hoot
Montgomery Ward will pay you 20 cents pound for your husband In
Iradt for new Appliance. AM husbandi are worth 20 cents a pound . . .
tall huibind!, fat husbands, short husbands, skinny husbands. They're all
worth 20 cants a pound. It you have a 300 pound husband, just think, ha'i
worth $60. It ha weighs, 150 pounds, ha's worth $30. Yes, ladias, your
husband is raally worth money now. In (act, we doubt if the prices for
husbands will ever be higher. Bring him in to Montgomery Ward, 117
South Central we will weigh him and allow you the 20 cents a pound
on a new appliance. By the wav. Montoomerv Ward
will give your husband back to you. This it an
opportunity you can't attord to miss.
dale ends Saturday, Aug. 25th,
Your husband Is worth 20c
pound on ny of the fol
lowing appliance! of your
choice: freeieri, Refrigera
tors, Washers, Dryars, Con
sole TV, Ranqes, Consols
AMFM Stereos, Air Con
ditioners and Consols Zig
Zaq Sewinq Machines.
All Husbands
Cheerfully Returned
roup fHE
THE T -
4 war.
I
CALL 773-7301 If You Can't Get
In . . . We'll Weigh Him at Home
Deduct 20c lb. for Your
Husband From All Prices Shown
: SI Sf
lifer
:TBUCOI.D
17 cu. ft. Suburban
SPACIOUS 595-LB. TRU-COLD CHEST
stores up to 525 lbs.
Convenient lift-out baskets, flex
ible divider. Adjustable cold
control, interior light, new mag
netic sure-seal lid. "Powers On"
safety signal light.
259
95
NO MONIT DOWN
15 CU. FT. TRU-COLD UPRIGHT FREEZER
Keeps food solidly frozen at
certified zero". Special fast
freeze section, 4 refrigerated
.shelves, drop-front basket. Stor
age door holds 75 packages.
239
95
12.67 deluxe Tru-Cold
AUTOMATIC DEFROSTING REFRIGERATOR
95
More space more conven
iencemore beauty! Big 105
Ib. freezer means less shopping.
Full storage doors. Beautiful
styling fits into any decor. . no monit oowm
229
; f i 90 day
i ,' ' j " f service ; VH
thrifty washer buys!
BIG FRONT AND TOP LOADING MODELS
Front loader has 4 cycles. 1 2-
l lb. capacity. Top loader has 2
cycles, 2 speeds. Both offer
: 3 wash, 2 rinse temperatures.
I Electric dryer 169.95
09
95
U.
MO MONIT DOWN
Airline 23 console
POWERFUL FRINGE AREA RECEPTION
Pictures of oustanding clarity
greater contrast. Tinted safety
glass cuts glare; 2 speakers for
sound realism. Mahogany ve
neer. Walnut, maple, add $10.
'measured oVfgonof)'
95
269
NO MONIT DOWN
30 electric range
THERMAL EYE UNIT, AUTOMATIC OVEN
95
Thermal Eye unif automatically
maintoins temperature set, ends
boilovers; others have infinite
settings. Clock turns 23" oven,
outlet on, off at times set.
229!
NO kjONIT DOWN
WARDS HUSBANDS-ON-THE-HOOF SALE ENDS SAT. AUG. 25 HURRY TO SAVE