Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

Arizona Republic from Phoenix, Arizona • Page 9

Publication:
Arizona Republici
Location:
Phoenix, Arizona
Issue Date:
Page:
9
Extracted Article Text (OCR)

PUBLIC CITY Wednesday, October 10, 1956- -Page 23 0 The Arizona Republic, Phoenix, Arizona. Fan Fare By Wait Ditzen iS Spa rtans ooners, Ball Just Took Off, Warliorse Groans Battle 'ins JL By STEVE SXIDER BROOKLYN (UP) There was right around the belt, maybe a little below, but it was right a hurt look in the old warhorse's eyes and Enos Slaughter of the Yankees had to explain. where I meant to pitch it. He hit a good pitch." Then he added with a grim smile, "He sure hit it, didn't he?" IO-IO "The ball just took off," he groaned. "I thought I had it, but all cf a sudden it took off and went right over my head.

I never got a glove on it." manpower to give the Sooners a bad time. Texas hasn't beaten Oklahoma since 1951 and that was the only time in the past eight years. With a couple of exceptions, the other top ten teams apparently have comparatively easy assignments tihs week-end. After Oklahoma and Michigan State, they're rated th' wav in a close ballot: Georgia Tech, Texas Christian, Ohio State, Tennessee, Mississippi, South- "WE HAD lotta chances to score," snorted Manager Casey Stengel. "We left some men on that shoulda been moved around.

THAT WAS Jackie Robinson's Smith Leads Trans-Miss Jackie Feared His Ball Was Heading Into Glove (AP) But that other feller (Dodger pitcher Clem Labine) wouldn't co-operate." Yogi Berra, who skied to center with two on in the eighth, said he was shooting for a big hole "up the middle" of the diamond. "But Labine came in with a good fast ball and I hit it in the air, up the middle, all right, but right to the center fielder," said Yogi. PEBBLE BEACH, Calif. Wiffie Smith, a freckled tom- By TED SMITS BROOKLYN (AP) For an agonizing moment yesterday after By Associated Press Oklahoma, still on top of the college football worlJ. comes up to its big game this week only this time it doesn't look so big.

After establishing a modern college winning record with their 32nd straight victory a 66-0 walkover against Kansas-State the Sooners remained on top of the Associated Press ranking poll of sports writers and broadcasters by a comfortable but by no means unanimous margin. It was Oklahoma 1,185 points and runner-up Michigan State 1,065 on the usual basis of 10 points for each first place vote, nine for second, etc. No one else was even close to these two. The Sooners drew 76 of the 130 first-place votes and Michigan State's Spartans got 32. Next Saturday Oklahoma encounters Texas in the annual game at Dallas.

This is traditionally one of the toughest and most important of the year for both teams. But Texas, soundly beaten by Southern California, a one-point winner over Tulane and losr by the same margin to West Virginia, doesn't appear to have the boyish redhead, took medalist lOth-inning single that brought Brooklyn a 1-0 victory and squared the series at 3-3. The ball caromed off the left field wall and ended another superb stand by a brilliant Yankee pitcher this time, burly Bob Turley. "It was by far the best game I pitched all year." said the husky righthander, still as poised as he had been through 10 innings. "I had good control for me and my fast ball was live and moving around.

I guess that's because I copied Don Larsen's no-wind up routine. I didn't make any mistake to Robinson. I put one in New Entries InlOO-Miler noon Jackie Kobinson thougnt tne nail ne smasnea to lett neia in honors aj te Trans-Mississippi em California, Texas A. and and Baylor. Ohio State, pushed back to fifth place by Texas Christian's rise in spite of the Buckeyes convincing 32-20 victory over Stanford, takes on Illinois in the first Big Ten game for both teams.

The Illini, although upset by Washington, always managed to do well against Ohio State. Mississippi, which also dropped a place in the rankings, encounters unbeaten Vanderhilt, which polled 107 points for 13th place. The only other game which involves hami ranked in the first 20 is Michigan (12th) vs Army (15th) at Ann Arbor, Mich. Other top-ten pairings are Michigan State vs. Indiana, Georgia Tech vs.

Louisiana State, possibly a hard one; Texas Christian vs. Alabama, Tennessee vs. Chattanooga, Southern California vs. Washington, Texas vs. Houston and Baylor vs.

Arkansas. Miami of Florida, at the top of the second division, encounters Maryland. Texas and Baylor moved into the first ten in this week's voting after Michigan and Pittsburgh were beaten and dropped out. The tnp Ipn trams with first place votes and wun-lnst records in parentheses (points on basis): women amateur tournament for Enos Slaughter's glove. i yesterday with a neat one over "Then it seemed to take off, over his said Jackie, grinning par 74 at the Monterey Peninsula broadly.

"So I just trotted to first because I knew if it was in Country Club course. there we had the game won. "I knew I hit it well, like a shot. It was a low, fast ball. And I sure hoped it would take off." I The 19-year-old Orange, i swinger this year's British "find I French champion wont out on NOTRE DAME FOOTBALL the tree-covered front nine in 38 and played the ocean-lined and sometimes sandy back nine in one under par.

A hurried six- So did alt the other Dodgers, who cut loose in their dressing room after their 10-inning 1-0 victory over the New York Yankees. It was by far the noisiest demonstration to date. Now that the Series stands 3-all with today's game the decider Derby Winner Dies LONDON (AP) Michael 60, who rode the Epsom Derby inch putt on the 11th gave her a Manager Walt Alston said he would send to the mound his and the only bogey on the in Two more entries were received yesterday for the Bobby Ball Memorial championship car race at the state fairground Nov. 12. Big car drivers of the United States Auto Association will compete for a $10,000 purse in the annual race.

The new entries are from Al Keller, Green Acres, whose car is owned by Pat Clancy, Memphis, and Ed Elisian, whose car is owned by Pete Schmidt, St. Louis, Mo. A third entry was sent earlier by Jimmy Reece of Oklahoma City. Tickets go on sale. Sunday for the race at five locations.

I i rTONITE 9:30 P.M. winner Mid-Day Sun in 1937, winner, uon iNewcomoe, wno so lar nas run into Daa iuck in tne1 nine. Series. Barbara Romack. the perky blonde 1954 National Amateur queen from Sacramento, was one under to the 17th but Robinson and all the other Dodgers had warm praise for Bob Turley, the Yankee starter who pitched a masterful shutout game for nine jra jua mm a 100 yesterday in Westminster Hospital after a short illness.

He rode his first winner in 1913, set out as a trainer in 1951 but returned to the track as jockey before retiring last year. I Serviced Daily "I thought he was just as fast as Larsen, but he didn't have as an out-of-bounds drive and a mis-good a curve," said Robinson. erable lie cost her three strokes. I She came home in 76, tied with iiirti I 1.1R5 l.fii-r, 7M 710 inat is a superlative compliment, ror uon jarsen pitcnea a per- ne defending Trans-Miss cham Your Factory Direct Dealer 1. Oklahoma i7i (L'-Oi 2.

MirhiKHn Stale i '2-0) 3. Georgia Tech '4 4. Texas Christian 7) 5. Ohio Slate il (2-0 6. Tennessee (5) (2-Oi 7.

Mississippi i2 1 1.0) 8. Southern Cat CS-0 9 Texas A.M i3-0i 10. Baylor 13.11 1 -feet no-hit game Monday in beating the Dodgers 2-0 at Yankee 4S3 Stadium. 313 1 "Now we're in a pretty good position," Robinson exulted. "Of pion, Polly Riley, Ft.

Worth, Tex. Among those in the championship flight is Mrs. W. C. White of Phoenix who qualified with 82.

She plays Sheila Moss, San Bernardino, today. 1 I course, we're not hitting too well, but all we want Is another chance at 'em. IT? I Browns Waive Pair CLEVELAND (AP) The Second Ten 11. Miami (Fin ill (2-0) 12. Michigan il-li 13.

Vanilcrliiif (3-0 1 A 1 'j Leaders In "You know, I'm most happy for Clem Lahine. He did a won See complete lines of MERCEDES-BENZ AND ALFA-ROMEO on display at Westward Pontiac'i Imported Car Department Complete Service facilities for ALL IMPORTED CARS Sales and Service derful job for us all season and he deserved to win. 83 S2 Cleveland Browns last night Army 2-o hnlfhnrW Rnh Smith nnr! rookie Washington (1) (3-0) rM Sports Summary "I'd like to stay in baseball next year," Robinson voar Pfthincnn 1956 1 909 Minnesota '2-Di Notre Itame l-n Southern Methodist (2-1) (Tie) South Carolina (3-1) and 5-, answering the question that is on everyone's lips now that the 53 first Negro to break the color line in modern big league baseball BOVS CLFB BASKETBALL Westslde Club 54. Butler Club 49. YMCA 32.

Alzrnia Park C.C. Srs has completed his 10th season and reached the ripe age of 37. 27. "This Is a great club to be with." tackle Don Goss on waivers, trimming their roster to the 33-player limit of the National Football League. Smith, somewhat of a surprise selection for the team a year ago, lost out this season to Billy Kinard, the Browns' No.

2 draft choice from Mississippi. 400 East Adams At Fourth Street One Block to Downtows Shopping District Phone ALpine 8-6411 IKKhl.l NHL all-stars 1, Montreal 1 (tie) HOXI.NO PHILADELPHIA Joe Rowan. Phoe-nixville. unanimous decision over Pat Roberts of Philadelphia, heavyweights, 8 rounds. Golden Gate Turf Results FIRST.

6 furlongs Texas Playsirl I 4 70. 3 40 2SD- Rosfv Bnhv WUV IHW km WUM an imirTrTm -r (York) S13.W. 6 20. 4.10; Penny-a-Per-k (Porter) $7.20. 4.60; Lodl (DiUfach) (Hatmatzi $3.20.

3.60: Pat Sawyer (Zol $3.70 1.09H Brooklyn Dodger bullpen coach Joe Becker waves a towel to signal Dodger base runners that a batted ball will hit the right field wall. The bullpen is close to the Ebbets Field wall. 601 WEST ADAMS ALpine 8-7761 linaeri $4.10. 1.12. Sciatched Mr.

Braves Slice Series Cash MILWAUKEE (AP,) The Milwaukee Braves, second place finishers, in the National League, have voted a half share of their World Series money to Charlie Grimm, who resigned in June as manager. Del Crandall, catcher and cap EKiHTH. 1 mile Cobblers Bench (Ped- Legrow. Sfl'dXD, 1 116 miles Lord Ivor edson) SS.40, 5. 3.70; On Train (Domin-guez) $5.50, 4 60; Hidden Fortune (Long-denl $4.20.

1.37 15. 'Longdem $3 90. 3.20. 2.90; Camp Suc cess (Porter) $7. 4.90; Gray Jewel (Moreno) $4.50.

1.45 25. THIRD1, 1 mile Puritan rl (Dltt- GOLFERS! Our improvement program it complete AND SUNDOWN GOLF COURSE' Dining Room ft Cocktail Lounge WILL RE-OPEN OCT. 13 fachl $7.10. 4 40. 2.80; Boton (McLean) $7.60.

3.30; Navy Look (Porter) $2.50. 1.39 1 '5. FOl RTH, 6 furlongs Mary My Dear Truzati $15 80. 7.50. 3.80; A-Ever De light (Kenneyi $7.20, 3.70; Doonaree (Moreno $3.10 T.

1.11 15. tain, said the Braves had voted to divide their $52,017 second place cut into 34 full shares. This would RISK is a dangerous word FIFTH, 6 furlongs Vunderbar (Faulk ner) $30.30. 11, 5.80; Tony's Lassie figure out to $1,529.91 a share (Porter) $7.40, Ardillon (Domlnguez) S7.70. 1.11 and give Grimm about $764.

Fred SIXTH, 6 furlongs Sweet Land (Domlnguez) $6.90. 3.50. 2.60; My Design (Morenol $4 50, 3.30; Silver Lamp (Longden) $2.90. 1.10S. Scratched Haney, who succeeded Grimm as manager, will receive a full Shea East ef Scottsda! Scotrtdalt FOR DINING or GOLF RESERVATIONS Ph.

WH 5-8437 Leafu Lost Comet share. SEVENTH, 6 furlongs Flying Atlas 'a "Sip a little sunshine, friend mm Exchange. Of these, 982 paid dividends, and the dividends averaged 4.6 of their year-end prices; some 500 of them have paid dividends every year for at least 20 years. So," even when it comes to common stocks, you have a lot to say about how much risk you want to take. You might want to hold that risk to a minimum, so you'd pick some leader in a stable field.

Some company with a solid record of sales, earnings, and dividends, perhaps a company like Pacific Lighting that has paid dividends for 48 years. A stock like this should return you $55 or so on a $1,000 investment, and during all of last year it fluctuated only between $37.25 and $42 a share in price. Or, you might increase your risk slightly to get a return of $60 or more on your $1,000 and invest in some company like United Fruit. Here, the earnings and dividends can fluctuate over a wider range. But United Fruit has paid dividends for the past 58 years, is in a strong financial position, ami last year its price varied only between $51.12 a share and $60.

Then there are companies like Borg-Warner. A representative company with an excellent record in several lines of business that are highly competitive where revenues and profits depend on many variables. Such a company pays liberal dividends during good years but may be forced to reduce them in bad. Right now, tor instance, Borg-Warner should return over 5 on your money, but its price might fluctuate 25 or more after you buy. And finally, like a great many people, you might decide to buy for price appreciation rather than dividends.

You would look for some well-managed company that hadn't begun to develop its full potential one that looked like a real bargain at present prices, because over a period of time you might double or triple your original investment. Here, obviously, the risks to your $1,000 are greatest. Such stocks vary widely in price, and like Radio Corporation of America last year, can swing between a high of $55.38 a share and a low of $36.75. Depending on what price you paid for this stock, of course, that swing could have meant either a sizable gain, or a sizable loss. That's why uhen you buy is always important too.

The present business outlook, world situation in general, and overall level of prices for any particular kind of security can all influence the relative risks involved when you buy one class of securities instead of another. Now this isn't the full story on the risks and rewards of investing, of course. That would take a book. But we don't think we've minimized the risk or overstated the rewards. Just which securities you buy, of course, just which are the best available for the rewards you seek, will always depend on just one thing facts.

Fresh facts about a company's sales and earnings, about its policies and management, about its competition, outlook, and a dozen other factors. Keeping abreast of those facts on hundreds of companies in dozens of industries is a big part of our business. So, if you'd like to know what we know about a particular stock or company or if you would like us to suggest investments for your extra money, whether it's $500, $5,000, or $50,000, just ask. There's no charge, no obligation, whether you're a customer or not. Simply address Yes, it is.

But if you have money, just try to escape it. Even if you bury the money in your own back yard, you've still got a risk the risk that your money won't buy as much if prices continue to rise. And that risk is dangerous. Because it's bard to see, easy to ignore. To minimize that risk, a good many people today are putting their money into common stocks.

Of course, there's a risk in owning stocks. Bonds too, for that matter. But the ritsk in owning securities is a risk you can see one you can measure from day to day. And a risk you can measure is a risk you can control. For example, suppose you had some extra money maybe 1,000 that you wanted to invest.

You think you'd be satisfied with a return of maybe 4 or so, but at the same time you'd like to feel that your money would be right where you wanted it whenever you needed it. In that case, you might buy a high-grade bond. That is you might lend your money to some company like Minn-eapolis-Honeyivell, or Procter Gamble, or Pacific Tele-phone Telegraph. They'd promise to repay your $1,000 on a certain date and pay you $38 or 13 interest each year in the meantime. Of course, you could sell your bond any time you wanted to, and since bonds like these rarely vary more than a few dollars a year in price, you'd certainly feci your money was safe.

Or you might decide that you'd like to earn a little better return on your $1,000 say, 4 or 5 without too much risk to your capital. You'd still want conservative securities, so you'd probably consider cumulative preferred stocks. Now there's a big difference between a stock and a bond of course. When you buy a bond you're really lending money which the borrower promises to repay. But when you buy common stocks, you buy an actual ownership interest in the company concerned get an owner's share of any profits the company may distribute as dividends.

"Preferred" stockholders are always assured of preferred treatment, and that means they get first call on dividends -ahead of common stockholders. "Cumulative" means that if a company can't pay its preferred dividend in a certain year, that dividend automatically carries over. That's why you'd expect the prices of good preferred stocks to be relatively stable and they are. A high-grade cumulative preferred like Consolidated Edison, for instance, which' currently pays about t7 a year on a $1,000 investment, ranged in price last year between $108 a share and $111.75 a share. While a medium, grade one like Tennessee Gas Transmission currently pays about $51 on $1,000 and ranged last year between $100.50 and $105.25 a share.

Next on our "risk scale" might come common stocks. Now, there are literally thousands of these to select from; so, it's hard to talk about them in general terms. Some may return 10 on your money; some 1. Some have never paid a dividend; some have never missed one. Just to give you an idea though.

Last year 1,076 common stock issues were bought and sold on the New York Stock -Sunny Brook bourbon, that isl it's warm and good, like the handshake of a friend. the finest of fine Kentucky bourbonsl Seth M. Fitchet, Manager Department AF-68 Merrill Lynch, Pierce, Fenner Beane BANK OF DOUGLAS BUILDING, PHOENIX Telephone: Alpine 8-6001 Sunny Brook ABourbon Cheerful as its Name! I ALSO AVAILABLBl Kentucky Blinded Wh'uley If you'd like to learn a little more about the basic fundamentals of investing first, just send for a free copy of our pamphlet called "What Everybody Ought to Know About This Stock and Bond Busines." Address Department 68-AF THE OLD SUNNY BROOK COMPANY, DIVISION OF NATIONAL DISTILLERS PRODUCTS CORPORATION LOUISVILLE. KENTUCKY, BOTH 86 PROOF. KENTUCKY BLENDED WHISKEY CONTAINS 65 GRAIN NEUTRAL SPIRITS..

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the Arizona Republic
  • Archives through last month
  • Continually updated

About Arizona Republic Archive

Pages Available:
5,584,834
Years Available:
1890-2024