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OCR: WHAT THE MASTER INVESTORS 9119 OWNS NOW Like mast the other 8,000 investment clubs the U.S., Master Investors Willoughby, Ohio buys well- knowm blue-chip stocks with long term records: above average sales and earnings growth. The club has been able to beat the market, however, by taking an occasional flier the stacks of Tocal companies or firms with which members have had personal experience The table helow shows Master Investors carrent portfolio; stocks are ranked in order of the club's retarms, based on average purchase prices All trade the New Yark Stock Exchange Gain Purchase Recem RIE Dividend Coimpamy rlirst purchased) pnice price ratio wck Great Lakes Chemical [89] +222% $19.25 $62.00 18.8 0.54 Philip Morris P88) +209 23.75 73.50 13.3 Hillenbrand [8T] 196 12.50 37.00 25.0 0.9 Progr ...