The Holland Evening Sentinel from Holland, Michigan • Page 10

PAGE TWO THE HOLLAND, MICHIGAN, EVENING SENTINEL MONDAY, DECEMBER 14, 1964 Investors' Guide By Sam Shulsky Q. I am a woman approaching 80 and would appreciate help. I am now gradually disposing of my stock in order to keep going since 1 receive only $70 a month Social Security. I can get by with a total of $60 a week. I hold some A.T.

Greyhound, Wellington Fund and Massachusetts Investors Growth. I'd like to manage on my own for the rest of my life. Savings account has been used up. A. I figure you have about $16,800 invested in securities.

Even if you earned 5 per cent on that amount and you're getting much less) it would come to only $840 a year or $70 a month. As things stand now you have --in effect set up your own "annuity," drawing down each month the difference between the social security you receive and the $250 or so you require. I should imagine that the great drawback in this program is the worry: will you run out of money? Since you are not concerned with leaving an estate, you should consider buying a lifetime anuity from an insurance company. At your age $15,000 so invested would bring you a comparable income for life. This would automatically erase the worry that you may outlive your money.

Q. I'm a housewife, 40, with two hobbies the stock market and playing the organ. The market fascinates me. I have so many things to learn even though I have a college degree in economics. We have RCA Generalj Telephone, Monsanto General' Motors, Sears, Penney ComSat, IBM, Litton and Min nesota Mining.

These are for our children and therefore long term. But every once hi a while should I salt down a profit? A. If you play the organ as well as you select stocks I' say you have two fine hobbies. The list is excellent. should take profits only in such ssues which you feel have run 00 far ahead of their intrinsic or which you feel are leading into trouble.

There is no point of taking a troftt merely for the sake of urning an actual paper profit nto cash, because you then lave to pay a tax on the gain and, more important, find a new investment. Q. I bought some Sears, Roe- rack stock in August. When will 1 get my first dividend? I had expected one Oct. 2.

A. To get the Oct. 2 payment you would have had to buy the stock August 10. It went "ex- dividend" August 11, which means that anyone buying it Jaat day or thereafter would not se registered on the books of ire company in tune to get the Oct. 2 dividend.

You'll now have to wait for the next quarterly payment. WHTC Holland Broadcasting Company Holland, Michigan 1450 on your Radio dial. Mutual every hour and half hour. Monday, Dec. 14 EVENING 5:00 Weather 5:05 World.

State Local News 5:10 Auctioneer 5:15 World of 5:35 Dinner Music 6:00 H.E. Barber World in Brief 6:05 Sentinel News 6:10 Michigan 6:15 Dinner Music 6.35 Van Patrick 6 45 Fulton Lewis Jr. 7.00 Spelling Bee 7:30 Stars ior Saiety 8.05 State Local News 8:10 Evening Serenade 9.05 State Local News 9 10 Evening Seienade 9 35 The World Today 10:05 local News 10:10 State News 10:15 Basketball Scoreboard 10:20 Evening Seienade 10:35 Basketball Scoreboard 11.00 Stale Local News 11:05 Basketball Scoreboard 11:10 Evening Serenade 12:00 Final News 12:05 Sign OH Q. I am a widow with income of $200 a month. I have $10,000 to invest.

Would municipal bonds be good for me? Are any Treasury or government savings bonds tax free? How would you invest the Why do bond departments discourage me from buying municipals because "of my small A. Evidently those brokers who know more of your situation than you have outlined in your letters reason and correctly, it seems to me that there is no point to your paying a price for tax-exmption when you don't need it. Tax exempts yield around 3 to 3V4 per cent. If you were in the 30 or 40 percent tax bracket, or higher, tax- exempts would make sense for part of your funds. But an annual income of $2,400 (incidentally is this all taxable? Social Security should not be included) is hardly high enough to put you in a tax bracket which makes tax-exempts desirable.

I'm sending you a list of investment quality corporations with commons preferred and wnds yielding from 4 to 5 percent. U.S. Treasury and U.S. savings bonds are not tax exempt. Mr.

Shulsky welcomes all reader mail and tries to include all problems of general interest in the column. While he cannot undertake to answer all queries peresonally, readers desiring investment lists should address requests to Sam Shulsky enclosing self-addressed, stamped envelope care of The Holland Evening Sentinel. Features Syndicate Distributed by King Steel Issues Show Gains NEW YORK (UPI) Stock prices moved up today with steel issues displaying strength in advance of the opening of contract talks. Amid reports of optimism that an agreement will be hammered out without a strike, Lukens gained 2, U.S. Steel 4 Youngstown and Republic Comsat continued its winning ways, spurting 2 in early trading.

General Motors picked up Vt a bright forecast by management and a sharp rise in 1965 capital outlays. Ford was unchanged, Chrysler up and American Motors unchanged. Dow Jones averages: 30 industrials up 0.62; 20 rails 205.82 up 0.10; 15 utilities 155.22 up 0.28; 65 stocks 304.11 up 0.26. Standard and Poor's indexes: 425 industrials 88.45; 25 rails 45.34; 50 utilities 74.45; 500 stocks 83.74. WHTC-FM 96.1 MC'c OTTAWA COUNTY'S ONLY FM STEREO A I BROADCASTING 25 HOURS OF STEHEO MUSIC WEEK1Y.

FOR A. COMPLETE SCHEDULE OF WHTC-FM PRO GRAMS, SEND A CARD OH LETTER TO WHTC-FM HOIr LAND. Tuesday, Dec. 15 DAYTIME 6:00 Mutual Newt 6'05 Stale Local Newt 6 10 Clock Watcher 6:25 Basketball Scoreboard 6:35 State Local Newt 7:05 Clock Watcher 7:15 Morning Meditation Rev. G.

Schultz 7:35 State Local News 7:50 Basketball Scoreboard 8.00 Mutual News 8 05 Slate Local News 8:15 Family Worship 8 38 Dock Watcher 9:00 State Local 9-05 Calendar oi Events 9 1 5 Morning Roundup 9 55 Sentinel News 10 00 State Local Newt 10-05 Talk of the Town 11 00 Stale Local News 11:05 Trading Post Lost and Found 11 35 Zeeland Hour 12 00 Hanseo's World Newt 12-05 Sentinel News 12-10 People's Mich. Newm 12 15 Farm Market Report 12 20 Musical Caravan 1:05 Cedric Foster 1:15 Musical Caravan 1-35 I Open The Door 1:50 Musical Caravan 2.OS S'ale Local Newt 2:10 Sanayvlde 3 35 Sentinel News 3:40 Stole Local News 1:45 4-35 Fulton Lewis Jr, Adult Bible Class Has Annual Business Meet The annual business meeting of the Adult Bible Class of the Holland Church was held Thursday night in the church basement with Henry Koop presiding. Officers elected include Ray Kootstra, president; John Jager, vice president; Harry Smith, secretary-treasurer. The program included songs sung by a women's quartet composed of Mrs. Rika Bakker, Mrs.

Effie Lievense, Miss Ann Looman and Mrs. Franklin Veldheer accompanied by Mrs. Gerrit Van Kampen. Written games were played and a reading was given by Richard Nykamp. A social hour followed.

NEW YORK ACF Industries Air Products xd Air Reduction Allegh Lud Steel Allegheny Power Allied Chemical Allis Chalmers Alcoa Amer Airlines American Can American Cyanamid American E133c American Metal Cl American Motors American Tobacco Armco Steel Armour AtchLson Bald Luna Ham Bendix Beth Steel Bobbie Brks Boeing Air Canada Dry Canadaian Pacific Oelanese Ches Ohio Champion Paper Chrysler Colgate Colo F-IR Col Gas Comw Edison Cons Edison Cons Nat Cons Coal Consum Power Cont Can Crucible xd Curtiss Wright Det Edison Douglas AC Dow Chemical DuPont East Air Lines Eastman Kodak Eaton Mfg Erie Lack Firestone ford Gen Dynam Gen Elec Gen Foods General Motors Goodrich Goodyear Grace WR Great AP Greyhound Gulf Oil Harbison Walker Hercules Powder Hershey ING Rand IBM Int Harvester Int Nickel Jones Laugh Joy Mfg (UPI)-- Stocks: V4 52 Ys Vs PREPARE FOR CONCERT Torn Updegraaf, band director at West Ottawa High School, is shown here rehearsing with his band in preparation for the "Winter Festival of Music" to be presented Tuesday at 7:30 p.m. in the West Ot- tawa Cafetorium. Taking part in the program besides the Junior and Senior bands are the Senior and Eighth Grade choirs, the Junior High String Ensemble and the Seventh Grade band. 'erry Zeeland; Mrs. Bobby Wanders, 1180 Lakeview Dr.

Discharged Saturday were Allen Santora, 402 Homestead Thomas Drnek, 129 East 5th Kathleen Spoolstra, S2 West 16th Mrs. Ronald Gordon, 577 Michigan Mrs. arl Van Raalte and baby, 1728 Virginia PL; Mrs. William lomp 227 Scotts Adolph. Lohse, 2030 South Shore Sharon Jongsma, 22 East 21st Mrs.

Keith Hayes and aby, route Mrs. Dennis De Witt and baby, 271 Franklin; Harlan Burrows, 171 Timber- wood Lane; Mrs. Lloyd luis and baby, route 1, Ham.il- on; Mrs. Paul Besinger and baby, 491 West 19th Helen Haney, 18 East 13th Nora Alvarez, 308 West 12th Mrs. Samuel Olund and baby, 171 Stanley Mrs.

Jacob Bol, 496 Essenburg Mrs. Beulah Olund, 165 East 17th St. Admitted Sunday were Mrs. Adrian Gebben, 727 Goldenrod; Mrs. Claus Volkerna, 138 East 17th Mrs.

Gladys Pierce. 211 West 13th Mrs. John Broe, 20 59-Y4-- Ys G4Yz- Yz YB Ya Ys 4 14Va- Ys Wz-- Ys 35 7 Ys Vi 68 7 8 33 74 7lYs 33 4 Ys Ys 95 Ys 4 Yz 51i4-- YB YB 229 44 7 Ys 35 5 91 YB 46 Ys 4 Ys Ys 412--1V4 84 TV Schedule Dec 14 Monday THIS SCHEDULE COURTESY OF THE FOLLOWING MERCHANTS WOOD (8) WKZO (3) East. Standard Time East. Standard Time WGN (9) Cent.

Standard Time 5:01 5:15 5:30 5:45 6:15 6:30 6:45 7.00 7:15 7:30 7:45 Movie Movie Movie Movie News-Weath -Spts. News-Weath -Spts. Huntiey-Brinkley Huntley-Brinkley Movie Movie Movie Movie Chan. 3 Clubhouse Chan. 3 Clubhouse Lone Ranger Sports Market.

Business News, Weather News.Cronkite Newi.Cronkltc Dragnet Tell The Truth Tell The Truth Garfield Goose Garfield Goose Garfiela Goose News Huck Hound Huck Hound Gunslingers Gunslingers Gunslingers Gunslingers Gunslmgers Gunslingers Kennecott Koppers Kroger Lehigh Pt Cement Glass Lone Star Cement Lorillard Mack Trucks McNeil Mach Monsanto Mont Ward Motorola Nat Biscuit Nat Dairy Nat Distiller New Jersey Nat Gypsum NY Central North Am Aviation No Amer Coal Olin Math Owens CF Pan AWA Paramount Pic Parke Davis Peabody Coal Penney Penn Cera Penn PL Penn RR Phillips Petrol Pitts SU Pullman Pure Oil RCA Reading Republic Steel Reynolds Metal Reynolds Tobacco Richfield Schenley Sobering Sears Roebuck Simonds Sinclair Socony Mobile Sou Ry Sperry Rand Stand Brand Stand Oil Calif Stand Oil Ind. Stand Oil NJ Stand Oil Ohio Stewart Warner Studebaker Swiflt Tenn Gas Texaco Thompson Tidwater Oil Timken RB Trans WA United Airc United Air United Fruit US Rubber US Smelting US Steel Va PP Western Union West Air Brake Westing Elec Wheeling Steel White Motor Winn Dixie Woolworth Xerox Cp Youngstown ST Zenith Admiral Same Day TV Service Color TV STEREO or Rentals ALLEN'S Yz 35V 8 Ys VYs 58V4- 38 Ys Ys 27 YA 41 14 48V 4 Ms 8 Ys 52 -29 48Mj-- Ys 65 Vs 38 53 7 8 15 54 3 Vs 8 V4 58 ISOVs-- 3 8 57 i 14 Vs 8774-61 Scout Leaders Have Yule Party The annual Christinas party of the Chippewa District Scout Leaders was held Thursday evening in the educational building of First Methodist Church with more than 50 persons attending. The program was under the direction of Mr. and Mrs. Earl Vanden Bosch.

Laverne Rudolph, chairman of the Chippewa district, presented remarks relative to district activities. District executive, Richard Smith, announced plans for the annual meeting of the Grand Valley Scout Council to be held Jan. 15 at the Grand Rapids Civic Center. The dinner meeting is for scouters and friends. As part of the program, district commissioner and silver beaver award winner, Hugh Rowell, presented motion pic- turs on the I960 Boy Scout Jamboree held at Colorado Springs, Colo.

Also the "Night Before Christmas" was shown. Under the leadership of Vanden Bosch, games were played with Wendy Wyngarden of Zeeland taking top honors. Mrs. Vanden Bosch led the group in singing Christmas songs. Refreshments were served by Mrs.

Hugh Rowell. POTATOES: 50 Ib sack. 20 Ib. sack. 10 ib sack.

SOc. RADISHES: Greenhouse, dozen bunches. $1. TURNIPS: small. $2.

LOCAL. MARKET CHICKENS. Heavy Ib 18c ROASTERS 23C BROILERS: Heavy Ib 15-16C LEGHORNS 8c EGGS: Farm. White, doz. 28-30C LIVESTOCK HOGS: Cheice, 190-200 15 16c.

200-250 400 Ibs. up 13c. CATTLE: Good and choice steers 2 -24c. heifers, 22-25c, fair bee cows, 14V2-16C, canner cows, 10-14c heavy buUs, 17-20C. CALVES: Choice, top price: 36c good, 34-37c: common, 25-30c.

BEEF HIDES: Ib 3c; No. Horse Hides. $2 each. GRAIN MARKET WHEAT $1 29 OATS 7 CORN 125 RYE 10 80 62 110 44 37V 4 V4 Yi 4 Yz 5 The tobacco plant to Europe in 1558 by Fernandes of Spain. was taken Francisco Roller Rink Snower To Benefit Mission A benefit grocery shower for the Holland City Mission will be sponsored Tuesday from 7:30 to 10:30 p.m.

by the Paramount Rollarcade on East Lakewood Blvd. All children and adults will be admitted to the rink for free skating by donating canned goods or groceries. These will be used by the City Mission for distribution to the needy. Not only does the Mission supply many baskets of food at Christmas time, but it is often called upon to furnish food for emergency cases which arise. Markets GRAND RAPIDS MARKET EGGS.

Paying prices at farm for eggs graded teases as computed by Grand Rapids dealers: Grade A. large, 28-30C. medium, 21-23c, small, 10-13c, ungraded, 26c. POULTRY: Paying prices for live Michigan poultry delivered to local dealers Fryers, 15-17c. Roasters, 18-19c, Leghorn fowl.

5c, Rock fowl. 10-12c. FRUITS APPLES: No. 1. Mclntosh, $175-200.

Delicious, $175, Red Delicious, $2 No. 1 Jonathan. SI 75-2 00. VEGETABLES BEETS- Too few to quote. CABBAGE.

Crate, best. Red. bushel, $2 75 CARROTS- bunched, doz $1.40 LETTUCE Greenhouse, leaf, 10 Ib basket. 65 ONIONS: Yellows, 5O Ib. sack, $1 75 10 Ib.

sack, Ige 39-40c; Broilers. 25c. PARSNIPS- Bushel, green. S3. 8:00 8.15 8:30 8-45 9:00 9:15 9:45 10:00 10:15 10:30 11:15 11:30 11:45 Movie Movie Movie Movie Jonathan Winters Jonathan Winters Jonathan Winters Jonathan Winters Alfred Hitchcock Alfred Hitchcock Alfred Hitchcock Alfred Hitchcock News-Weath -Spts.

News-Weath -Spts. Johnny Carson Johnny Carson 250 River Ph. EX 4-4289 Across from Ciry Pork I've Got Secret I ve Got Secret Andy Griffith Andy Griffith Lucille Ball Lucille Ball Happy Returns Happy Returns Slattery's People Slattery's People Slattery's People Slattery's People News Sports Movie Movie Movie Greatest Show Greatest Show Greatest Show Greatest Show Paradise Paradise Paradise Paradise News-Weather WGN WGN Presents WGN WGN Presents WGN Presents WGN Presents WGN Presents WZZM-TV (13) East. Standard Time 5:00 Love That Bob 5:30 Movie Rifleman 7.30 Vojage 8 30 Sergeants 9:30 Bing Crosby 10:00 Ben Casey 11.00 News-Weather 11-30 Les Crane TV SCHEDULE-DEC. 15-TUESDAY WOOD-TV (8) East.

Standard Time 6:30 Notes on Music 7.00 Today 9:00 Horn per Room 10:00 Scholar 11:0 Concentration 12:00 Say When 1:00 Movie 2.30 Doctors Another World 4-00 Popeye 5:00 Che. enne 6-0) 7.00 Sea Hunt 7 30 Mr Novak 8.30 Man From UNCLE fl.30 TW-3 10.00 Battle of Bulge 11 00 News-Weather 11:30 Johnny Carson WKZO-TV (3) East. Standard Time 7:10 8.00 9 00 10-30 11 00 12 00 1 00 2.00 5 55 7 00 8 00 8 30 9 30 News Capt. Kangaroo Movie I Love Lucy Andy Griffith Love of Life Fern. Fancies Magic Carpet Tell the Truth Secret Storm Clubhousi VVeath -News Highway Patrol NATO In Danger lied Skelton Junction 10 00 11 00 News-Weather 11-10 Movie WGN-TV (9) Cent.

Standard Time 7:05 To 'O 7.30 Rayner 8:30 Treetop 9.09 1'jmper h-orn 10.00 Hennesey 11: :00 Girl Talk 12.00 Bczo 1 -00 Mike Douglas 2.30 Highway Patrol 3 00 Bat Masterson 4 00 Drck Tracy 4 0 Mickey Mouse 5-00 Garfield GOOM 6.00 Yogi Bear 6.30 Manilla Gorilla 7-00 Dobie Glllis The Warriors 9-00 Thriller 10 00 News-Weather 10 15 WGN Presents WZZM-TV (13) Eosr. Stondord Morning 9-00 Deputy 0:30 TV Classroom 10.00 Room for Daddy 11:00 Get The Message 12:00 Father Knows 1.00 2:00 Show 3.00 Gen. Hospital Mickey 4:30 Supermen 5:00 Love lhai Bob 5.30 Movie 7.oo Rifleman 7 30 Combat 8 30 McHale't Navy 9 00 Tycoon 0 30 Peyton 10 00 FiMltlve 11.30 Lai Grain route 1, Fennville; Philip Frank Jr 194 West 25th Mrs. Deu- Die Ash, 132 West 19th Mrs, Donald For, 428 Hazel Charles Bosch, 1075 South Shore Mrs. Andrew Blystra, 611 Michigan Ave.

Discharged Sunday were Mrs. Bobby Manders, 1180 Lakeview Dr Mrs. Warren K. Westrate and baby, 568 Central Mrs. Richard Serbin and baby, 134 West Ninth Mrs.

Robert Letherer and baby, 6481 Spruce Lane; Clarence Decker, 1, Fennville; Henry Sprick, 210 West 16th Mrs. Martin Tuijillo and baby, 200 Maple Mrs. Robert Wol. brink and baby, 191 West 12th Mrs. John Kloostra and ba- sy, route 1, JoAnn Telgenhof, 9662 Perry Zeeland; s.

Henry Carlson, 117 South Third, Grand Haven. Perry set bond at $100,000, which the unions agreed to. Ha had announced last week he would issue the injunction today. For the Home Sfrafolounger RECLINERS Plus many other fine gifts for the home. Hospital Notes Admitted to Holland Hospita Friday were Howard Kolk, West 27th Mrs.

Raymond Scholten, 520 Graafschap Rd. Mrs. George H. Damson, 145 West 23rd Patricia Aalder nk, 52 East 30th Benjamin Vanden Berg, 189 West 13th St. Mrs.

Jesse Smith, 92V 2 Wes Oth Karen Boeve, 45 Mrs. Jacob Bol, 296 Essenburg Mrs. John Klein, route 1, Hamilton; red Moore, 675 Hayes Mrs. Ronald Gordon, 577 Mich- gan Terry Regnerus, 159 Reed Ave. (admitted Dec.

9.) Discharged Friday were Sharon Achterhof, 53 East Central, celand; Mrs. David Altena and baby, 169 East 27th Kurz Herrera, 438 Center Fennville; Mrs. Albert Lampen, route Mrs. Robert Langenberg, 150 Roosevelt, Zeeland; Robert MacArthur, Douglas; Mrs. Dale Mooi, 121 West 28th Andrew ttenstra, 161 East 38th Wiliam J.

Spahr, 742 Central Mrs. James Tharp, 171 East 15th Mrs. Harold Weeks and jaby, 930 South Washington; Timothy Winters, 168th West Olive. Admitted Saturday were Mrs. Josie Eisen, route 1, Coopersville; Gary Jaarda, 29 East 29th Herman Telgenhof, 9662 OPEN TONIGHT TILL 9 Green Stomps Suburban Furniture Between Holland ancTZcclind Phone EX 2-3595 DIVERSIFIED I INC IB 1 exclusive national distributor tor FIVE MUTUAL FUNDS pension and profit sharing services For a prospectui-booklet or clip this complete advertisement and send it to your INVESTORS man.

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In fact, it's a very good reason for you to act today and open your new savings account at People's, or increase your existing one. Come and see us--we're dedicated to helping you build your financial future wisely. STATE BANK OF HOLLAND Northiide 30 Bth Street 177 North River Avenue KWSPAPLRl NEWSPAPER!.