MEDFORD MAIL TRIBUNE. MEDFORD. OREGON
TUESDAY, NOVEMBER 12, 1963
1W
WW1 SWt.!s
WE5T
Vi rus Tennis Season
Off To Early Start
WASHINGTON (UPI) - In,
ciise you hadn t noticed, the
season of winter sports is al
most upon us once again.
Soon, with a gay halloo, a
large segment of the population
will be participating in skiing,
bobsledding, ice skating, curl
ing, afternoon naps and that
most popular of all winter
games, virus tennis.
Evidence extracted from hier
oglyphics and from fossils of the
Phiocene period indicates that
man has been playing some
form of virus tennis since be
fore the dawn of history.
And believe me it requires
real dedication to begin play
ing before dawn.
In view of these findings, I
cannot properly claim to have
invented virus tennis. I believe
the record will show, however,
that I was the first to formu
late written rules of procedure,
tactics and ethics.
Starts Season Early
It might fairly be said that
I am to virus tennis what Ab
ner Doubleday was to baseball.
But I doubt anyone will say it.
Locals
. Stove Overheats Medford
firemen were called about 6:20
nm. vesterdav when an oil
stove overheated at the Apo
stolic Faith Church annex, 837
Niantic St.
In Hospital-Mrs. G. W. Gos
wick, 1821 Siskiyou Blvd., Ash
land, is a medical patient at
Ashland Community Hospital,
according to relatives. Her
daughter, Mrs. J. L. Zittercob,
has arrived from Palm Springs,
Calif., to be with her.
Grange Meeting Griffin
Creek Grange officers will be
elected at a meeting at 8 p.m.
Thursday, Nov. 14, when the
group will meet in the Grange
Hall.
Driver Cited Daryl Grant
Long, 31, uoos uay, was cuea
for making an improper left
.- turn after the car he was driv
ing collided with a vehicle op-
erated by Russel Ralph Worth,
; 49, Talent, about 12:45 p.m.
i, Monday at Central Avenue and
. 12th Street. No injuries were re
ported, officers said.
Medical Patients Richard E.
Olympius, Route 1, Box 90,
Hallock, 418 Candy Lane,
Grants Pass, are listed today
as medical patients at Sacred
Heart Hospital.
Attend Meeting E a r n e s t
Barre and Jim DeVos, members
of the International Typogra
nhipal Union. Local 559. attend-
i ed the Oregon Typographical
rvinforonre last week end in
fnna Bnv. Barre is Dresident of
: the local union ana uevos u
i vice president ana ueieBoie
the conference. In the last elec
tion DcVos was elected to serve
on the executive committee of
the conference, the next meet
ing to be held next March in
Portland.
Erect Sign The Medford
building department issued a
permit today to Die Walsh to
erect a sign at 304 Barnett
Road at an estimated cost of
$1,000.
Business Names The busi
ness name Bert Pree, Real Es
tate, has been asumed by Ber
tha E. Pree, 704 W. Sixth St.,
Medford, according to records
in the Jackson County record
er's office. The name The Cen
ter Confections has. been as
sumed by Bertie M. and Rich
ard Rassman. 223 Pine Si., Cen
tral Point, after it was retired
by Zola M. and Donald A. Titus.
Also assumed was the name
Head Roofing and Installation of
Oregon by Ruben Head, 3434 N.
Pacific Highway, Medford.
In my household, we do not
ordinarily hold our first virus
tennis tournament until after
Thanksgiving. This year, how
ever, we opened tne season ear
ly to accommodate my father,
who recently came to visit us.
My father lives in a climate
that is still rather balmy at this
time of year. He mistook the
brisk autumn weather here as
a sign of winter and began
clamoring for a game.
He being senior among us ai:d
a guest at that, it seemed only
right that we permit him to
throw out the first virus.
Pairings for the first round
pitted my father against my 13-year-old
daughter, who is the
top-seeded player in my family.
It was an interesting match.
Being an old-timir, my father
does not play the so-called "big
game" favored by the younger
sci. mac is, ne does not try to
blow his opponent off the court.
A Dogged Retriever
He is, however, a dogged re
triever and can come up with
viruses that would pass right by
tne average player.
Once my daughter adjusted
to his style of play she was
able to match him shot for
shot, which included one penicil
lin and two streptomycin.
My daughter then served to
my wife, who lobbed a virus in
my direction even though I had
not planned to enter the tourna
ment. Sportsman to the end, I came
out of retirement and engaged
in a spirited match with my
younger daughter, who is just
learning the game but who has
picked up a lot of pointers at
school.
Before you could say "pneu
monia, we were all in mid-
season form. All except my 2-year-old
son.
. He is too young to play, so
he acts as "virus boy." He
chases all of the viruses that
the other players miss.
Kennedy Experience
In Elective Office
Tops GOP Candidates
WASHINGTON (UPI)-Theo-
dore C. Sorensen, special coun
sel to President Kennedy, point
ed up a possible 1964 presiden
tial campaign issue Monday.
Sorensen told the Women's
National Democratic Club that
Kennedy had "devoted more
years to major elective office
than the leading three Republi
can candidates combined." He
listed Sen. Barry Goldwater,
R-Ariz., New York Gov. Nelson
A. Rockefeller and Michigan
Gov. George Romney.
Births
SHORES To Mr. and Mrs.
L. O., Star Route, Box 92, Pros
pect, Nov. 8, 1963, a boy, 7V4
pounds, at Rogue Valley Hos
pital.
NELSEN To Mr. and Mrs.
Ronald E., Route 1. Box 736,
Eagle Point, Nov. 8, 1963, a boy,
4 pounds, at Rogue Valley Hos
pital.
LYON To Mr. and Mrs.
Leland DuWayne, 3520 Bursell
Road, Central Point, Nov. 9,
1963, a boy, BVi pounds, at
Rogue Valley Hospital.
Witnesses Differ
In Testimony on
Tax Cut Proposal
WASHINGTON (UPI)-It a 1 1
depends on what witness is testi
fying to know what the $11 bil
lion tax cut bill passed by the
House means to your pocket
book. The statistics cited by differ
ing witnesses in testimony be
fore the Senate Finance Com
mittee are all based on indis
putable figures taken from the
bill itself, but the results often
are confusing.
Rankers, businessmen, econo
mists, labor leaders and others
who have testified on the im
pact of the tax bill generously
cite various data, but they come
up with contradictory conclu
sions. Here are a few samples:
The U.S. Chamber of Com
merce, complaining that high
income taxpayers would get
short-changed, told the commit
tee that persons in the lowest
brackets would benefit f i jm tax
reductions averaging 39 per
cent, while those with annual
incomes above $50,000 would get
only a 13 per cent tax reduc
tion. Sen.. Albert Gore, D-Tenn a
member of the Finance Com
mittee, complained the measure
was a rich man s dm. He
had charts prepared to prove
his point, it showed a person
with $6,000 taxable income
would get only a 5 per cent in
crease in take home pay, while
a $50,OOO-a-year-man would be
enriched by an 18.2 pel cent increase.
Richard Headlee, president of
the U.S. Junior Chambers of
Commerce, groused that the
bill would increase the concen
tration of rate hikes or tax
brackets from one-half to near
ly two-thirds on taxpayers with
incomes up to $22,000 a year,
penalizing the middle - income
group.
Leon H. Keyserling, former
President Harry S. Truman's
chief economic adviser, said
the $3,00u-income-family under
the bill would get only a 2 per
cent increase in after-tax dis
posable income; the $200,000-a-year
family would get a 16 per
cent increase.
The Treasury supplied official
figures supporting the bill which
showed that taxpayers with in
come of $3,000 to $5,000 a year
would pay 38.3 per cent less
taxes, or $555 million less;
$5,000-to-$10,000, 19.9 per cent
less taxes, or a "savings" of
$3.6 billion a year for this in
come group; $50,000 income and
over, 12.6 per cent less taxes,
or $525 million less a year.
Grows Dairy
The seemingly contradictory
figures unleased on the commit
tee in the flood of testimony
grows daily as the hearings
progress.
Actually, they all are correct.
But different results can be ob
tained by calculating the bill's
tax impact various ways such
as uith or without tax deduc
tions, including proposed "re
forms or ignoring inem, or
taking into account special tax
credits and exclusions.
Perhaps Mark M. Jone,
Dresident of the National Eco
nomic Council of New York,
supplied the last word. He in
dicted the entire argument over
how many dollars this or mat
person would get might De tu-
tile.
The dollar itself, he said, was
worth only 36.9 cents in 1963,
compared to its value in 1932.
Obituaries
HAROLD JEAN DAVIS
Harold Jean Davis, 63, of 319
Willamette Ave., Medford, died
in a local hospital Monday. Fu
neral arrangements will be an
nounced by Memory Gardens
Funeral Home.
FRANK HILL
ASHLAND Frank Hill, a vet
eran of World War I, died at the
Veterans Domiciliary at White
City Monday.
Mr. Hill was born Aug. 1, 1890,
Li Helsingfors, Finland. He had
no known relatives here.
Funeral arrangements will be
announced by the Litwiller Fu
neral Home.
MABEL BAILEY
ASHLAND-Friends of Mabel
Mildred Bailey, 71, who died
Monday, may call at the Lit
willer Mountain View Chapel
between 5 and 7 o'clock tonight
to pay their last respects, the
Funeral Home announced today.
Services will be held at 10:30
a.m. Wednesday, Nov. 13, in
Trinity Episcopal Church with
the Rev. Duane Alvord officiat
ing. Interment will be in Moun
tain View Cemetery.
JEAN L. MOSS
Mrs. Jean L. Moss, of Jack
sonville, died in Sacramento.
Funeral arrangements will be
announced by Conger - Morris
Funeral Directors.
CLIFFORD R. KNIGHT
Clifford R. Knight, 54, died
yesterday at Valley of the
Rogue State Park of a heart at
tack. Funeral arrangements will
be announced by Conger-Morris
Funeral Directors.
Classes for Police
Officers Scheduled
The Medford Judo Academy is
sponsoring a series of classes
for police officers in various
phases of self defense.
The classes will start Wednes
day, Nov. 13, and be held for
eight weeks from 6:30 to 8 p.m
in the wrestling room in the
Medford High School.
The course will include judo,
ju-jitsu and karate. Those at
tending the classes must be in
good physical condition. Stu
dents must report in gym
clothes with white socks and
should take a note book. Enroll
ment fee is $10.
ROBINSON - To Mr. and
Mrs. Jack Dale, 1215 East Main
St., Medford, Nov. 9, 1963, a
boy, 6'!i pounds, at Rogue Val
ley Hospital.
LUEHRS To Mr. and Mrs
Dean E. Jr., 441 North Grape
St., Medford, Nov. 10, 1963, a
girl, 6 pounds, at Rogue Val
ley Hospital.
Ends TUESDAY!
Ctwnex
IITUHL
On at 7 pm 4 10:40 pm
war smith 11CJ
2nd Hitl On t 9 P.M.
READ To Mr. and Mrs,
Rodney C, 43 Summit Ave.,
Medford, Nov. 10, 1963, a boy
Vk pounds, at Rogue Valley
Hospital.
MAUPIN To Mr. and Mrs,
Aldon Boyd, 2 1 1 ' -i N. Columbus
Ave., Medford, Nov. 10, 1963
a girl, 7 pounds, at Rogue Val
ley Hospital.
GUCHES-To Mr. and Mrs.
A., 2363 Roberts Road, Med
ford, Nov. 11, 1963. a girl, 10Vi
pounds, at Rogue Valley hos
pital.
SCHLEIGH To Mr. and Mrs
Lester John, 530 Benson St
Medford, Nov. 12, 1963, a girl
6',i pounds, at Rogue Valley
Hospital.
Jacksonville Alan
Sentenced to Jail
Elmer Boyd Gravelle, 33, of
Box 23, Jacksonville, was sen
tenced to 45 days in the Jackson
County jail this morning after
he pleaded guilty to operating
vehicle while his license was
suspended.
At the same time Gravelle
was arraigned on a charge of
forgery. He waived the right
to an attorney and was bound
over to the grand jury. Bail was
set at $1,500.
Racer Among
arnegie Heroes
PITTSBURGH (UPI) - De-
wayne Lund, winner of the 1963
Daytona 500-mile auto race, and
four other men were honored
today by the Carnegie Hero
Fund Commission for rescuing
another racer from his burned
and wrecked automobile.
The five were amone 21
heroes cited by the commission
which awarded two silver and 19
bronze medals. Six awards were
made posthumously. Nine states
and Canada were represented
in the awards.
Lund received a bronze medal
along with Ernest E. Gahnn,
William R. Wimble, Stephen E.
Petrasek and Jerry A. Raborn.
They rescued Marvin E. Panch
from his wrecked car at the
Daytona International Speed
way last Feb. 14. Flames flared
up, driving the rescuers back
and inflicting burns on some of
them.
The commission awarded 511,-
750 for educational and other
worthy purposes in 19 cases.
Since It was formed in 1904 bv
steel magnate Andrew Car
negie, the commission has
granted 4,674 medals along wiih
more than $9 million in mone
tary awards to heroes and their
dependents.
States represented in today's
awards were Alabama, Alaska,
Arkansas, California, Florida,
North Carolina, Ohio, Pennsyl
vania, and Texas, along with
Ontario, Canada.
Holiday Apron
Weather
4-H NEWS
Wagner Valley
Tho Warmer Vallev (Phoenix-
Talent) 4-H Clubs will hold
their annual achievement pro
gram Wednesday, Nov. 13, at
the Talent City Hall with a
potluck supper to be served at
6:30 p.m.
All present and prospective
4-H members, their families,
and leaders are invited to at
tend. Those attending are to
take enough food for their fam
ily plus a little extra and their
own table service.
Dale Hoecker and Mrs.
Bangta Satterfield of the 4-H of
fice and Emmit Whitham, man
ager of the Phoenix branch of
the First National Bank of Ore
gon, will present awards and
give pointers on 4-H work.
A large 4-H program is avail
able. Children nine years old as
of Jan. 1, 1964, and older may
participate in 4-H work. Any
children interested in joining
4-H or adults interested in lead
ing or helping in a club, should
attend this achievement pro
gram. Additional clubs will be
started if enough interest is
shown in a new project.
For additional information,
please call 535-1709.
FORECASTS
Medford and vicinity: Mostly
cloudy tonight and Wednesday.
Considerable valley fog. clearing
about noon. Chance of a little rain
Wednesday night. Low tonight 33
40. High Wednesday S4.
Western Oregon: Mostly cloudy
tonight and Wednesday with peri
ods of rain over coast and north
interior. Not much change in tem
perature. Low tonight 42-48. High
Wednesday 52-64.
Northern California: Variable
cloudiness tonight and Wednesday
with rain In extreme north begin
ning tonight or Wednesday. Local
valley fog. LitUe temperature
change.
LOCAL DATA
TEMPERATURE: Mean yester
day 47: above normal 2.
Record hlih this date 63 in 1912.
Record low this date 18 in 1020.
PRECIPITATION : 24 hours to
midnight, trace. Midnight to 10
a.m.. trace.
Total this month 2.23 Inches.
1.37 inches above normal.
Total since Sept. 1. 3.92 inches,
.30 inch above normal.
HUMIDITY: Lowest
H.T:;.. highest this a.m.
High
CITY Yfsler
day
Brookings 65
Crater Lake 49
Grants Phns 37
Howard Prairie .. 33
Klamath Falls .... 54
MEDFORD 34
Portland on
yesterday
lOCKo.
4:0(1 34-
a.m. hr.
Low Pree.
49
30
43 .01
39
48
Smaller Infants
Said Result of
Mothers Smoking
WASHINGTON (UPI)-One of
the nation's leading obstetricians
says cigarette smoking by ex
pectant mothers resulted in
births of smaller infants.
Dr; Paul B. Underwood Jr.,
of Charleston, S.C., made the
statement in one of several re
search reports presented last
week at the annual meeting of
the American College of Obstet
ricians and Gynecologists.
Underwood, head of the South
Carolina Medical College obstet
rics and gynecology department
said a survey showed that the
heavier the smoker, the smaller
infants were at birth.
Group Separated
He said 4,440 women repre
senting more than 16,000 preg
nancies were interviewed be
tween 1960 and 1962. Those ques
tioned were divided into groups
of smokers and non-smokers.
The women who smoked were
then separated as to the quan
tity of cigarettes used a half
pack, one pack and more than
a pack a day.
Underwood said the study
showed that women who didn't
smoke gave birth to heavier in
fants than did mothers who
smoked only a pack a day. He
said even smaller infants were
born to women who smoked
more than a pack a day.
"These statistics Indicate that
smoking during pregnancy does
decrease the birth weight of
newborn Infants," Underwood
said. However, he added "other
factors, possibly nutritional, also
play an important roie.
Underwood said the rate of
premature births increased
when the expectant mothers
smoked. He said the prematur
ity rate was "directly propor
tional to the number of cigar
ettes smoked per day."
Abortion Kate up
He said the survey also noted
"slight" increase in the rate
of abortion among women who
smoked, but said the rate of
stillborn infants was not atteci
ed bv smoking.
"Since the abortion rate was
consistentlv elevated in all
erouos that smoked," Under
wood said, "we have to consid
er it significant.
Underwood said nis siuay dv
no means intends to indicate
that ciearette smoke is the only
factor governing the birth
weight and incidence of prema
turity.
Truck Driver Saves
Couple in Crash
MEMPHIS, Tenn. (UPI) - A
quick-thinking truck driver Is
credited with saving the lives
of a young Army private and
his wife who lay injured Sun
day in a wrecked car strad
dling some railroad tracks.
W. B. Eddie, 45, of Hender
son, Ky., was hauling his rig
behind a car driven by Pvt.
Richard T. Dillard, 20, and his
wife, Carolyn, 19, who were on
their way home in Memphis
from Ft. Campbell, Ky.
The car blew a tire and
crashed through a bridge,
plunged down an embankment
and landed in the path of a
fast-moving Louisville & Nash
ville passenger train.
"I was scared to death it
wouldn't stop," said Eddie.
He whipped out two flares
from his truck and dashed
down to the tracks where he
waved the train down. It
stopped and trainmen helped
him pull the couple from the
wrecked car.
See-Worthy Shift
9442 10-18
n
Santa comes but once a year
be ready for him! The apron
jingles, Santa greets all his
friends. Apron is green; Santa,
red and white.
Takes less than a yard. Pat
tern 7234: transfer of Santa
head, cap; directions.
THIRTY-FIVE CENTS (coins)
for this pattern add 15 cents for
each pattern for first-class mail
ing and special handling. Send,
to Alice Brooks, Medford Mail
Tribune, Ncedlecraft Dept., P.
O. Box 163, Old Chelsea Station,
New York 11, N.Y. Print plainly
NAME, ADDRESS PATTERN
NUMBER.
206 HANDICRAFT HITS in
our big, big, new 1964 Needle
craft Catalog, out now! See toys,
fashions, crewelwork, heirlooms,
gifts, bazaar hits everything to
crochet, knit, sew, weave, em
broidcr, quilt, smock. Send 25c
right now.
Seattle 39 47 .11
Spokane '47 40
Yakima 51 42
Eureka 62 49
Red Bluff Hd 46
Sacramento 60 49
San Francisco .... 6 37
Los Angeles 83 61
Phoenix 83 53
Denver 53 22
Chicago 31 35
Miami Beach 77 67 .13
New York 60 42 .03
Washington, D. C. 64 40
Bail Forfeited by
Medford Woman
Mrs. Doris Ruth Evanson, 39,
of 1251 Kings Highway, forfeited
$10 bail this morning in district
court on a charge of improperly
changing lanes.
Trial had been scheduled for
this afternoon.
Mrs. Evanson was cited by
Oregon State police following a
two vehicle accident Sept. 26
south of Medford on U.S. 99.
Driver of the other car, Robert
Edlow Whitlock, 31, Coleville,
Calif., died the following day
from injuries received in
accident.
A 11
7
Your Money's
Worth
By SYLVIA PORTER
tonrrlajltf. Hill SyiKtlcMt, Inc.
MYTHS ABOUT LITTLE INVESTOR
As the stock market averages have climbed tn historic hloh.
the little fellow again has been nibbling at stocks and borrowing
to buy stocks has soared. It was against this background of in
creasingly heavy trading and borrowing in the stock market that
the Federal Reserve Board moved last week to curb speculation
by hiking the down payment (margin requirement) on listed
stocks from 50 to 70 per cent of the purchase price.
As one result of this timing, rumors are widespread about the
growing importance of the little fellow in today's stock market
and his gambling in the wildly fluctuating glamour issues.
This is unfortunate. The little investor is not nearly as signifi
cant a force in today's stock market as is generally believed. Nor
ne we gamuier inai most people ininic ne is.
Now that the market is gyrating nervouslv at comparatively
high levels, let's puncture two myths about the little investor.
Strictly in terms of numbers, public ownership of stocks in
this country is enormous, has no parallel anywhere.
The 1962 census of shareowncrship Indicated at least 17
million of us own stocks in U.S. publicly-held corporations,
a rise of 161 per cent since 1962 and representing one out
of every six adults In the country. The total is higher now.
But how much stock do these millions own? The belief that
they own a huge amount of stock is a myth.
Specifically, the estimate is that the dollar value of all public
stocks in the U.S. k around $530 billion. Here is how the New
York Stock Exchange breaks down this total.
Only 20,000 financial institutions hold around one-third of all
the stocks. They own about $190 billion.
Only 800,000 individuals hold the next one-third. These are
families with incomes of $25,000 or more and they own around
$170 billion.
All the remaining millions of the 17 million-plus Individual
shareowners hold the last one-third. Their combined ownership
also comes to approximately $17U Diuion.
Even though tens of millions of Americans participate indi
rectly in the stock market through the 20,000 financial institutions
which own stocks, when Wall Street pros speak of "the public
coming into the market," they are referring to direct buying of
stocks by little investors trading through their own accounts.
These NYSE figures put this activity in perspective.
What do the millions of shareholders who own only one-third
of the dollar value of all stocks outstanding buy when they pur-
cnase siocks mrecuy tor tneir own accounts?
The belief that they buy the hot stocks which frequently rids
the roller-coaster Is another myth.
Of course, many gamble but, generally, the little Investor
ticks to conservative stocks of established companies in basic
Industries. Every study of his purchases underlines his prefer
ence for shares of stock in such Industries as telephone, gaa
and utilities, automobile, the like. At times, these are th.
great glamour stocks but they're not usually considered wild
speculations.
"This is as it shou'.d be," says a New York Stock Exchange
spokesman. "The worst that could happen would be a serious loss
in the value of securities held by lower Income groups. The higher
income families capable of taking the losses that must occasion
ally occur should be the ones financing speculative, risk ven
tures. Evidence that this is so is welcome news."
Despite the rumors about the little fellow, he has only cau
tiously re-entered this slock market.
Still dominating it are wealthy Individuals, protessional Wall
Street traders, financial institutions.
Primarily responsible for the upsurge In borrowing and for
heavy trading in hot issues are Wall Street professionals and
larger-Income Individuals men and women wno presumably
have the fortitude to stand tne neat ot wait street s Kitcnen.
the
Californian Lodged
On Larceny Charge
Victor Coy Halsey, 19, Weed,
Calif., was lodged in Jackson
County jail Monday on a lar
ceny charge, according to Med
ford police.
Officers arrested Halsey
Monday afternoon in downtown
Medford. He gave statements to
police admitting the theft of
several items from two Med
ford service stations.
Join the holiday fun, see the
sights and be seen In tn
sailor collar shift, Great straight
or belted m surah, cotton, crepe.
Printed Pattern 9442: Misses'
Sizes 10, 12, 14, 16, 18. Size 16
requires 3'A yards 35-inch fab
ric. FIFTY CENTS in coins for
this pattern add 15 cents for
each pattern for first-class mail
ing and special handling. Send
to Marian Martin, Medford Mail
Tribune, Pattern Dept., 232 West
18th St., New York 11, N. Y.
Print plainly NAME, ADDRESS
with SIZE and STYLE NUM
BER. CLIP COUPON FOR 50 CENT
FREE PATTERN In big, new
Fall Winter Pattern Catalog,
just out! 354 design ideas. Send
50 cents for Catalog.
WATCH FOR BIRDS
WASHINGTON (UPI) - Air
plane pilots have been warned
to beware of the white whis
tling swan now migrating from
tl c Great Lakes region to the
Chesapeake Bay area.
The Federal Aviation Agency,
in issuing the warning Sunday,
noted that a big whistling swan
caused the crash and death of
persons aboard an airliner near
Baltimore, Md. in 1962.
Broadway Theatre League
of Medford
Presents
"A THOUSAND CLOWNS"
Wednesday, November 13th
HOLLY THEATRE
(Curtain Tims -8:30 P.M.
-
WRESTLING
Medford Armory
Thursday, Nov. 14
8:30 P.M.
TAG TEAM MATCH
Featuring
HAYSTACK
CALHOUN
World's Bligett Wr.illef
Plus 2 Other Matches
Ringside $2.00
General 1.50
Children, under 12 .75
Tickets at Lamport's
Walt Disney's
BEST YET
PATRONS CAN'T
BE WRONG!
11,742
So, We HOLD OVER! But, Only 'Till Saturday!
A rare and heartwarming experience...
noining couia stop mem - oniy insuna 10 guiae
them across 200 perilous miles of Canadian wilderness!
Walt Disney
iheTnGredMtj
mmeu
m
W f ft
1 If
BODGER
Iht Bull Terrier
TAO
the Siamese Cat
LUATH
the Labrador Relnever
Ixtt on M BOTfad S
bMsellH nord
CHILDREN SOe I
STUDENTS 75c I
ADULTS SI 00 I
5' i '"Z
noAiMir
PLUS
"WATER WIZARDS"
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I PLUS
Disney's "JAPAN"
Four
simple mistakes
in investing
and how to avoid them
Many of the estimated 17,000,000 Americans who are share
owners have acquired stock to have a second income from
dividends. Others hope their money will grow over the years.
Whatever your goal, you can benefit from not making
these easy-to-avoid mistakes:
Mistake No. 1: Choosing your broker at random.
How to vold: Look up a nearby Member Firm of the New
York Stock Exchange. Each Member Firm Is different, with
its own services and characteristics. But each has these things
in common: It is subject to the many regulations of the Ex
change. And its Registered Representatives had to measure
up to Exchange requirements when they became Member
Firm brokers.
Mistake No. 2: Setting out to get rich In a hurry.
How to avoid: Ask yourself what's important to you. Then
with the help of your Member Firm work out a simple long
range investment program in keeping withyourcircumstances.
Keep in mind that stock and bond prices go both down and
up. A company may not continue to pay dividends or Inter
est. You'll want to look for companies you think will prosper.
Mistake No. 3: Investing hastily on a tip.
How to avoid: Base your judgment on facts. Such as the
company's recent record. Its earnings. The dividends it pays.
The price of the stock in relation to dividends. And Inquire
about the greater stability bonds often provide.
Will your broker's judgment or his firm's always be right?
Nobody is always right. What they will gladly give you is help
based on facts as they see them so that you can make better
judgments of your own.
Mistake No. 4: Investing all the money you can find.
How to avoid: For investing use only money you don't
need for living expenses or emergencies. A lot of people find
it wise to invest regularly. Through our Monthly Investment
Plan you can acquire stock by investing with as little a; S40
every three months.
You'll find much valuable information In our booklet,
"investment facts." Send the coupon for a free copy.
Own your share ol American butlnett
Members New York Stock Exchange
send rux rati sooKLtr. Mail 10 s Member Firm otitic New York Slock
Exchange, or lo Ihe New York Slock Exchange, Depl. 3.DR, P.O.
Box 1070, New York I, N.Y. 298
Please send me, free, "invcstmini tacts," llsllng more than 4O0 nocks
thai have paid dividends every three monlhi tor twenty years or more.
A