The Holland Evening Sentinel from Holland, Michigan • Page 10

PAGE TWO THE HOLLAND, MICHIGAN, EVENING SENTINEL WEDNESDAY, Investor's Guide By Shulsky Q. Fm 71. retired and coa- siderisg shifting SiG.OOG into higher yielding utility securities. I'm psmled the long lists of all issued by one company. A.

Many a large utility company will have several different series of outstanding simply beeaisse it had to raise siocey this type of securit 3.1 different times. In the case of the oromiaeni eastern company you raenuon. some of the preferreds -A ere issued early as 14S and 1949 and some as recently as last year. Naturally, the dividend rate reflects the goiisg cost of raising money as of the time the preferred was issued. Aa older preferred, issued in 14S.

for example, is a par issue and carries a coupon around 4 per cent because that's money was going for in those days. In the '5fe. rates rose to 5 and 5'-? per cent and in the "60s, to 6 per cent and higher, and more recent issues carried still higher dend rales. However. ou will notice that the stock market has adjusted the price of all tfccse issues so thai they all yield about the ssme on the monev esied roughly per cent, which Ss the going rate for such high quality issues today.

Actually, all the issues rate the same as to safety that is. their claim on assets and dividends. All you need keep in mine when you go shopping Is that most preferreds are redeemable generally at a par or a bit higher. If you pay more than the redemption price for a high dividend preferred and it is called in as one prominent utility did last year you may get back less than you paid. So.

to be on the safe side, consider issues selling below their par value. The amount of the discount from par represents potential profit if repeat if money rates should decline. But don't depend on that. October 1. In addition to the market price you would pay S4.5R in accumulated interest i because the former owner held' the bond for more than 7 weeks after April 1.

Since bond interest is computed daily, he's entitled to that much interest. Along comes October 1 and you clip the coupon receive In the mail) payment for one- half ear's Interest. You get the full half year Interest in this case one-half oi S27.50 or SI3.T5. Included is the S4.58 the bond earned during the roughly 7 weeks in the Spring before ou aquired it. You are ih'is recompensed for tfce $4 53 la.d out tst the time of purchase.

1 repeat you do no: receive a separate check for $4.58. The money is included in amount ou receive, the full amount for 6 months, even though you d'dn't OAH the bond for of the 6 months. consider U.S. Treasury bonds a reasonable hedge against inflation? A. Going by the book, no bond can protect you against a decline in the dollar's purchasing oower.

buy a bond the most ou are promised Ls the semiannual interest oavment plus Losses Are Widespread 2Hi-r 23 1 Satedard Indiana Standard Ohio Tenneco Texaco Timken Trans World Air NEW YORK (UPI) Stocks i Union Carbide took widespread losses OQ the. Uniroyal New York Stock Exchange United Aircraft i early today in stepped-up' UD John activity. ulS. Steel Continuing Tuesday's wide- Western Union i spread selloff. the Dow Jones' Westinghouse industrial average had fallen" Whirlpool 17.21 to 838.86 shortly before White Motor inoos EDT.

The blue chip: Woolworth indicator dropped Tuesday I Xero amid concern over the spread' Zenith i cf the record lO 1 per cent, prime lending rate among major banks, a trend which continued WedEesdav. i Declining issues far outnum-1 1 bered advances, 9S2 to 181. CAHHOTS: 24 cellos. 52.50. among the 1.520 stocks traded.

ISTs-- 173s-- J- Prof H.Hanko To Give Lecture Prof. H. Eanko of the Protest tant Reformed Seminary wOl 4 I present a free oublic lecture on I "The AACS.and the Kingdom" i on Thursday at 8 in Rose i Park Christian School on temui Dr. I The talk will examine the Association for Advancement of Christian Scholarship which some feel is posing a real threat to the Christian faith. The First- Protestant Reformed Church of Holland is sponsoring this lecture.

Ufi WJAIHfSt I Sales through noon came toi roughly 7.500.000 shares, com- 1 -pared with Tuesday's 5.830.000', 1 in the corresponding period. The proposed sale of Motorola's television business to the i Japanese-based firm is the Ketley Seeks Facts LANSING (UPI) Attorney General Frank J. Kelley has i asked state Rep. John P. "Joe" Smeekens.

R-Coldwater. to meet with him today to "obtain the facts" surrounding Smeekens al- IDAHO POTATOES: io-5 bag? leged employment by the CELSHY: Florida Pascal. So; hearts 2 S3. LETTUCE: Mieiuaan leaf ha: OXIOXS: Junjbo. 12 bags 50 $5.75.

SS75-, 5-10 H. bags POTATOES; -o S7.75;se!ected 514 50; bag. 51.21: Foundrv Co. Temperatures Around The Nation RAOISHES: 30 cellos, $2.25. the ment of the face value City Bj United Press International Paso pc Allanta Boston Buffalo pc Charleston S.C.c Chicaso Hi Lo Houston pc of the bond at a i Obvioush, if you today buy a bo'nd due 1985 and" do get vour Sl.OOO back in are not likely to leceive as much in purchasing power Columbus as vou turn over today to buv Denver pc the bond.

(If you buy a bond Des Moines at a discount from Sl.OOO face value you can count on a capital gain but that gain does not White represent an inflation hedge, but is very much a part of the ield to" maturity and would imply that the coupon is below the going market for money.) Of course, vou can sav that Kansas City 63 .50 i Los Angeles pc 51 34 .21 Miami pc Minneapolis New Orleans pc New York pc Orlando pc Phoenix cv 59 33 90 76 62 65 80 56 76 84 89 60 62 39 54 72 29 59 11 65 69 .07 .01 Portland Ore. cy Raleigh St. Louis Salt Lake City cy Seattle cy Spokane Washington pc Wichita (Key pc. partly cloudy; clear: cy. cloudy; r.

rain.) 58 7S 57 77 52 66 73 73 50 42 35 52 45 50 46 47 subject of a Justice Department; 20 bag. lo'i'o. bags. soae. i antitrust probe.

The two com' panics agreed to postpone the I sales for 30 days. Travel EGG MARKET Jumbo, dozen Exjra Large, dozen NEW YORK (UPI) Select- Book Proves Air Reduction 01 Allied Chemical AUis Chalmers Alcoa i American Airlines American Can Am Cvanamid different, bringing only them-, 6:15 p.m. Madelyn Gutknecht" American Motors selves, i clothes and has further details. Am TT Margaret's piano to the White A family trip to the Grand Anaconda House. There was no pomp, no Rapidd Museum with supper Armco Steel pretence about Harry Truman, following at the home of Arlene; Bendix Peffers is planned for Sunday.

I Bethlehem Steel mid-morning prices today on Small, dozen i the New York Stock Exchange: 12-s 9 10 5 s-- 52c 50c 4Sc, ISc HAWAII "We've Been 21 W. 7th HOLLAND 396-1492 225s-- For the last book review an interest income of, perhaps, the season at Herrick Public per cent to per cent a Library. Mrs. John Smallegan year is building capital and of Zeeland chose book of wide therefore is some and he expected his family be with him at breakfast 01 promptly 8 a.m. each day.

Bess Truman was described as an extremely intelligent person ho offset to in- appeal to readers. J. B. West's eep n2 flation. But into that formula "Upstairs at the i you must introduce the income House." an imimate Jew of first families from Franklin Delano Roosevelt through Lyndon B.

Johnson, through the eyes of a White House usher. i Q. I recently bought some i bonds and paid a price which i included back interest. I un-; derstood I would get this monej back with the fitst interest pay- ment. But I did not.

A. You did. i This can be a bit confusing' so bear with me. Let's assume you buy, on May 23, a Sl.OOO 2 -4 per cent bond which pays interest April 1 and tax pou pay every year on that interest. (And if are talking about tax-exempt bonds, you must expect to receive about 25 to 30 per cent less interest.) By definition bonds are not an inflation hedge.

White House house- on an even keel but she was a private person, and her warmth and great sense of humor never got through to the masses. She had no personal maid, did her own correspondence, and carried on in Blair H. Families will leave the Shop! Boeing per's Fair lot at 1 p.m. Lois Burroughs Hacker has more information. Canadian Pacific Celanese 1 Ches Ohio I Chrvsler Honored At Consumers Power I Continental Can A surprise reception honoring Edison Ti-c- TTolonei Tonight At The New Caualfer Restaurant 1190 So.

Washington 392-3544 Across From Vanden Berg Buick Tonight Thursday For information on annuities, a i please include a self-addressed, husband, describing the role of stamped envelope. Address your the first lady as the most Mrs. Smallegan. who described House during "the" four 1 vear -Irs. Helene Kamphuis for over! the book as easv reading and tn m.

"fun reading." chose to place the emphasis on the first rather than their appeared iragile knew now to White House reconstruction. a i Eisenhower requests to Sam Shulsky, care demanding of The Holland Evening Sen- America. volunteer in a tinel. She adored Ike and she ruled the White House like a a of service in ministry of music Immanuel. Baptist Church was given Sun- 21 after the Fellowship HalL i served as and accompanist, has member of the music Chop Suey Goulash Ex-CeU-0 Exxon General Dynamics General Electric General Motors tDistributed by King Features Syndicate) i i iLuruiutri ui LUC It was a different world in; Je assisted the choir MeptoDe WHTC Holland Broadcasting Company Holland.

Michigan TA radio Mutual News every riour and Half Hour April 24 EVENING 5:05 Sentinel News 5:10 From Wall Street 5:15 One Man's Opinion 5:20 Camera Crafts 5:22 What's New 5:35 Feature Scope 5:45 Outdocnman World, Slate local 6:15 Evening Serenade 7:00 News 7:05 Evening Serenade 7:35 Mutual Sports 7:45 HarweH 7:55 at Detroit 10:30 Musk 'Til Midnight 11:00 News 1 1 :05 Til Midnight 12:00 Final Nexvs- 12:05 IS Off VVKTC-FM STEREO 96.1 Cs Fnday Nocn 6:30 Midnight A.M. to MianigHt A-M. to Mien.of-t April 25 MORNING News 5:05 Clock Watcher 5:35 Stare i 6:10 6:35 6:40 6:15 7:45 7:40 3:10 Sr40 9:05 9-35 10-00 10-05 11:55 12:00 12:05 12:10 12:20 12:25 12:35 12:40 1 :35 2:05 2tlO 4-05 4-10 4:35 4:40 4:45 State New-s CSoci Watcbrr Sti-e locsl Ne WiJct-er Home loiiJ Res' tiJsfr Gai Ciorx Watcher CJotk Michigan News CJcck" Watcher Date Line of the Town News Tjjfc of the Town Dsv by Day with World News Sentinel News Michigan News Sports Sunnysitfe Reports From Wall Street Trading Post Sonnyside State local News Sunny side "Sentinel News Sunnyside State i. local Newt Real Estate Guidelines Sunnys.de Suit Dismissed DETROIT A Wayne Countv court Tuesdav dismissed the days of Mrs. Roosevelt who 3 ha dothes ignored housekeeping problems' ck i nn the belief that other thin-s' bou hou 5 eh supplies, look" ing tor oargams in newspapers and growing vegetables on the Gettysburg farm.

During in were far more important. Eleanor never walked, she ran. providing an awesome in a motion. While FDR and many singing groups and Pastor Robert Terpstra read Goodrich Great AP Greyhound Gulf Oil Ingersoll Rand IBM Harvester troit teachers deprived them of people-all sorts of people. a chance to go to college.

The Trunians were entirely greetings from many former 1 pastors of Immanuel under ministrv Mrs. Kamphuis Eisennower years, television, a $12.6 million lawsuit filed by might ship models and air conditioning, jet planes and co saoe by 'Intl Nickel students who Said striking De- rafe stamps-, Eleanor'collected security became Robert Qosselar chairman of WeS, t'r" who planned and 1 a Mrs. Smallegan said wmle executed the surprise. obd ofl J. B.

West attempted to be, Ugene Scheele composed a Monsanto scrupulously fair in dealing with tribute to Mrs. Kamphuis entitlel. Motorola first ladies, his favorite clearly --she's Such a which' Nabisco was Jacqueline Kennedy, -who, the church family sang to her. ad Gypsum appeared to be elegant, alloof fellowship haU was "en Illinois and regal, but in private was a decorated with music scores and Pan American casual, witty, unhibited and i a gjf ao i made to resemble' Penn Central 251-- 3 22 2614-- ii 21- TV SCHEDULE APRIL 24 WEDNESDAY WOTV (S) Daylight Savings WKZO (3) Daylight Savings Time i WZZM-TV (13) Daylight Savings Time 4-30 GilUgan's Island 5:30 il'-ke 6:00 7:00 Let's Make A Deal Chase 9.00 11:00 Xews-Weath-Swrrs ll 30 Johnny Carson 4:30 Merx, Grifun 6-00 My Ijr.e? 6 30 CBS Xexx-s 7.00 7-30 Soobx Gc'lcisboro S.CO A-ner 9 00 Cannon It) 00 1.00 Xev. fr 11-30 Movie--Wesierf 4 Oo Bonanza 5-30 Xeus-VVeath-Spts 6 00 ABC Xeus 5 A 1 Drasue: 7-CM Truin or 7.30 TeH Truth DO Coiisteau XBC li.t.0 Xeu-s II oj Stngiiis Couoox WUHQ-TV (41) Daylight Savings Time 4-00 Love American 6-JO tv The'-e 4.30 Cartoons 7 Places A 5.m Buck Oxens S-oo ASC i 00 Cousieau frmgirg Coxvoox completely relaxed person.

She, a ran piano, created by was extremely well organized, jjj, Terpsma and her "daugh- Polaroid and had a a mastery of, June The musical theme Procter Gamble detail. Lavish entertainment wa carr ied out in the decorated Pullman brought glamor to the White' ca served by Mrs. Terpsma RCA House and a more informal an( Karen Wennell. Reynolds Metals i spirit, except for State dinners. rs DeVree and lliss Rockwell all at personal expense.

Jacque- an et Glupker served punch and Sears line Kennedy's restoration of jj rs Kamphuis" daughters. Mrs. Sperry Rand the White House is well known, sherrie Blackburn and II s. 36 T-I 3 i 39-s VVGN-TV (9) Central Stardard Time 4 30 The 00 10 Oi Xo-ak 5.05 JO $,. 5 Sonny and Cher 6 vn Xcx.

iw WGVC (35) Daylight Savings Time 5 oo Ltxige IV K. se 5 50 Kossrs" Man l.suv.s. Atne.jca s- Xe 1 1 1 J.I --J. J- mostly iinancea througnt tne Merrikay Rummler poured. Mrs.

7 7 7C sale of guide DOOKS on tt i A i Tj-ink and Mrs. Don Van Again House tours. Dommellen assisted. Debbie. An i different To ra and Tim Blackburn Mrs.

personality was Ladybird John- Kamphuis- grandchildren, at- son. a penie extremely tended the guest book. There a i person who put were 356 oersons attending. Lvndon first, the girls second. Sc Esf.1840 5 0 6 TV SCHEDULE APRIL 25 WOTV (S) Daylight Savings Tirns 6 oO 1 7 vX Todax BucV 12 V.OT\' Bi: le 1" 55 NBC WKZO (3) Daylight Savings Time 7 CSS Xeut, 5 M.irrsrj Accert CBS Xo THURSDAY WZZM-TV (13) Daylight Savings Time i Car: vr.

5 50 Jac-t La tUPI-- Members of the Federal-Mogul Workers Association meet late Wednesday to vote on a new, contract offer which affects eirmloves. Cur c- --VOTV Xev XBC -a- n. A i My 'X a 1 CBS Xe -V S- s-i TB Xe. WUHQ-TV (41) Daylight Savings Time A Xe to I--xo 5 tV Ox Desd or AVx-s ASC J- 1 Gora'co thing Ballot in Greenville man of the board" when came 10 running the White House. With LBJ.

everything was oversized, even the entenainmeni. like when he invited the entire Congress the day mourning was aoout for Kennedy on Dec. 196.x and forgo! to tell the family or staff. LBJ had a real thing aboat turning off lights. bin appeared to be his only economy.

Mrs. Ruth Van Klompenburg xX the library s'af: displayed c.d and new, the White House, tr.e Kennedy parties, the gardens sn5 related subjects. Mrs John Dresicec. Fine Food Drinlc HOLLAND( OOWNTDWH HOLLAtO 332-2S53 STARTS THURSDAY Cinderella liberty AN UNEXPECTED LOVE STORY COLOR BY DELUXEVPANAVTSSON" UH LAST TIMES TODAY "EXECUTIVE ACTION" PARK HOLLAND 392-4274 STARTS THURSDAY WINNER OF BEST ACTRESS ACADEMY AWARD GLENDA JACKSON George Glenda Segal Jackson A Mcivm t-nnk Touch Of Class Avco Em Cao: K.ir.^ar.xi Here 1 J- Sex. 1 ej.

0 Fa-vlj A---er cs" iv Hoar; Is 13-51 Sca-c- For CO M.dda WGN-W (9) Centra! Standard Time 1 00 IV Gercral Ko-t oO PO WGVC (35) Daylight Savings Time i.jo 35 I Mean 9 00 The Electric Companj 9 35 oi 10 00 Masters Musical Herit.iee 10 35 Factorx 10-50 Dollar Data 11 15 Time to Draw 11.35 Images and Things 1 12:05 Community of Living Things 12:50 Math Factorx 1:10 Images and Things 2:10 Coxer to Cover 00 Speo.aJ. so 4 ikl Sej-arrse Street 5 00 Hodgepodge Lodge 5 30 Mister Rogers' Xeisbsornood 6 00 Black Journal 7.00 Mister XeichoorhOi 7-30 The Electric Company. 00 Ths Advocates fl.OO Man Builds. Man Destros 9:30 Man Builds. Man 10.00 Kup's Show--Discussion PWP Schedule Weekend Events Van Kampen.

teacher Hope will the rr. Resource Ceruer the Parents Wunout Partners rr i r. Tr.ursdaj at 7:30 p.m. in Winants Av.ditor:ur::. Graves Hall.

Hope College. Also present will be 2 representative from the Women's Resource Center in Grand Rapids. This meeting open to trie public. The group will leave S'nop- per's Fair parking lot Fridaj at to attend a program "clue- grass m.i$ie" by the illiams Family at the Sentry Post. 525 Monroe Grand Rapids.

information can be obtained from Lois Ellis Those attending the program of gospel singing featuring the Blackwood Brothers. Statesman Quartet, the Hempells. the John Matthew Family Singers a London Parris and the Apostles, Quartet in the Grand Rapids i Civic Auditorium will leave the i I Shopper's Fair lot Saturday at I If you're finally ready to buy a garage door opener, Compaan would like to have a word with you The word is That's right, a very speciai two day sale wiii be held on Friday, April 26 from 5 to 9 p.m April 27 from 9 to 5. Up to discount on all garage door opener makes and models. SALE PRICES START AS LOW AS S109.00 Gome in and have a word with us and mention this ad! Our advertising man likes to know his ads are read..