Kossuth County Advance from Algona, Iowa on August 28, 1967 · Page 6
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Kossuth County Advance from Algona, Iowa · Page 6

Algona, Iowa
Issue Date:
Monday, August 28, 1967
Page 6
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aVTMOMMt.O'KAM enOfffMMf ••Anf tjf TfMMtMkl NMtonM AMeelttlofi ef ln*Mtm«M ttofce Q. I would appreciate Information and your opinion on the performance of stocks and the market in general, during a time of war (for example, World War II). Would the trend be a general rise or a decline, and would the movement be drastic In one way or the other? Would profits and dividends tend to hold their peacetime levels? A. We recently had an example of one aspect of what war can do to the stock market. Undoubtedly, you noticed •that on the day the Israeli- Aral) war broke out In the Middle Bast the Dow-Jones Industrial averages dropped nearly 22 points and closed down l5'/2 points from the day before. You also probably noticed thai the market, surgwi back the next day to practically the same level It wa.s the day before the war broke out. .The breaking out of the WIT caused a great deal of uncertainly and uncertainty usual- 11 affects the market adversely. When it became evident the war was going to l>e of short duration and riot spread storied lo rise steadily, but dt came back up. If the out' come had continued uncertain, my guess JH t)| ( . market would httvu none down furUier and n'ot recovered until the outcome wa.s more certain. Now for the other aspects of your question: During World War II, the Standard £ Pours Five Hundred Stock Average'? tended •to nnv-' down from 19,'J9 throng 1 ) 1942. Then they sliaited lo rise .steadily, bpt nvt spuctaailai'ly, until 194(1, when prices moved downward again. F/irnings per .sliare moved up from 193!) to 1941 and lhe:i fagged until 1940, after whirfh Obey started to move up sharp- War brings uncertainty, and thus stock r rices are usually on tihe low side, As a war continues and as the outcome begins to b:; clvar, you airc likely to see a tendency for prices to move up, but not In a runaway, fashion, My guc-s would be that in our modern niimi'.igi'd economy,, prof Is and dividends wotild S'lig slightly witih a full- scafq W.T, since we arc certain to have very tight gov- urnnie it price ami profit con- IjNi'jS as we <lid in World War II. ' Q, I am In the Air Force and would like to start an in- vesment program. I'm due to leave soon for Vietnam and would like to have a list of books, pamphlets and maga- tint* I could read that would help me be Informed whan I return. A Ho, It It possible to obtain a full collection of your "Today's Investor" column? A. To answer your question firs', I'm sorry, but we don't have a back file on 'Today's Investor" columns we can send you. I understand some readers are making Iheir own col'cctions by clipping the column a ; it appears. There arc a number of financial magazines that will help you build a background in InvcA'.ing. Forbes" is perhaps the most popular. Other good ones arc Barron's and the National Association of Investment Clubs' own Better Inventing. If a library is convenient, you likely may find textbooks on fccurity analysis that wrcuH be useful to you. 'Pile NAIC Manual, available from our office, could also give you useful help and experience in analyzing stocks. «--Alt««i (lew*) Advene* .,,. MONDAY, AUG. ,21, St. Joe Mri. Sylvester Wagmr Algona man married The K. L. Kohlhaases and llayrnond Kohlhaases left Thurday morning for a trip to the western states and a visit at the ranch of the Charles lanes, at Drummond, Montana. Sister M. Adeline O3F, M». St., Francis Convent, Dutouquc, and Brother Donald McGuirc OSB, Atclvinson, Kan, were visitors here this week with tluiir parents, the M. T. Me- Gu'rcs wi'.ih oilier relaWvcs and friends, August 22 the Me- (Inires had their 45th wedding. A High Mass of Thanksgiving was attended by the M T. Me- Gulre-s and their children and families and was followed by a dinner in the Imperial Cafe in Bode. The John F. Redings Jeff and Jill, moved last week from south of Livcrrnore to the farm home recently vacated by the Mark Thilgcs and family. Bobbie Plathe, son of the Milfod IMathes had a tonsillectomy in St, Joseph's Mercy hospital in Fort Dodge Thursday. The Paul Ivrpeldings took their daughter, Sister Lois Marie OSF, to St. Francis Xavior Convent, Dyersville, Wednesday whcr she will he a 7th grade teacher in the parochial school, St. Francis Xavior school has an enroll- Paula Rac Schwarzcntoach daughter of Mr. and Mrs. Everett Schwarzenbach, Ijake Park and James Edward Kain, St. Ansgar, son of Mi. and Mr.-i. Edward Kain, Algona, were married August 6 at the First Presbyterian church, Lake Park. Rev. Ray Williamsen officiated at the double ring ceremony. The bride was escorted by her father. Maid of honor was Pauline Schwar/cnbadi, Lake Park, the bride's sister, Bridesmaids were Mrs. Lyle Schwar/cn- bach, Cedar Falls, bride's sifi- ter-in-law and Annette Anderson, Okinawa, Japan. Best man was John Longman, Wilmar, Minn. Groomsmen were • Michael Kain, Brookings, So. Dak., and Tom Kain, Alyona. Both are brothers of Ihe groom. Ushers were Lyle Schwarzcnbach, Cedar Falls, Everett Sohwarzenu bach, Jr., Wichita, Kansas, Richard Sherman and James Luensc, both of St. Ansgar. Soloist was Ann Sleinnet/, Cresco, accompanied by Mrs. Gordon Fisher, Lake Park. A reception was held in the church parlors following the ceremony. Mrs. Everett Schwarzenbach, Jr., had the guest book. Darlys Kachncr and Maribel Kain served punch. Mrs. Dale Busoh and Mrs. Leonard Plaehn poured coffee. Mrs. Keith Rodenberg and Mrs. Norman Sohwarzenr bach cut the cake. Host and hostesses were Mr. and Mrs. Marian Puck. Waitresses were Ronna Puck, Merna Hansen, Shirley Hani- sen, Delfa Franek, Linda Rowlands and Joyce Bus! 1 .. Vicky Schwarzenbaoh, Jane Hansen and Becky Andersen opened gifts. Out of town guests came from Omaha, St. Ansgar, DCS Moincs, Cresco, Wichita, Kansas, Al«ona, and Iowa Falls. The brkle is a graduate of the University of Northern Iowa. The groom is a graduate of South Dakota State University. Both are presently teaching at St. Ansgar. IMIMMIIIMIMIHMMMMIMMIMHMIMMIUMIIItMMMIMM ,MII,IIIIIIMIIMIIIIIII,MIIMI(IMMIIIIIMMIMIMMIMIIItllllll(MMIMMMMI,IMMIIIIMIIIMItMI ment'Of 800 grade pupils. Sister Lois Marie OSF, had been a visitor here after summer school at Briar Cliff College, Sioux City. The Erpeldings and Sister ois Marie also visited an aunt, Mrs. Kate Hess, and cousins, the Charles Hess- es, Farley, and cousins, the Clarence Steines family, Dyer- ville. Mrs. Irene Bormann, Marian and >M ke, accompanied by Mrs. Bormann's mother, Mrs. S. R. Koh!h»as, Wihittemore, visited Mrs. Ciem Kollasch. Whittomore, in St. Vincent's hospital in Sioux City. The Clem Kollasohes have a son, their fifth boy. •Mrs. Rav Zicmet came home RIGHT HERE AT TAYLOR MOTOR CO WE'RE SHAVING PRICES ON ALL USED CARS! SAFE In a lather over the price of late model used cars? Check these special values ... every one a beauty, every one priced to save. Come in today. CLEAN-CUT SPECIALS TRADED FOR '67 MERCURYS! I960 FORD GaUxj* St.rlin.r 2- door hardtop, Fast Back, V-8, Cru)i»-a-in«tic, tharp turquoite with matching interior, 1964 FORD Galaxi« 500, 4 door, white color, red trim, Cruli«-o-matic, radio, heater, power tteering. 1963 RAMBLER 4-door, V-l, Auto. tran»., nlc* gold color *nd matching trim. CHEVROLET Mom* < door, 6-cyl., Power Glide, iharpeit yet. 1963 FORD Galaxie 500 4 door, 35? V-8, Cruiie-o-matic, power tteering, radio, tight blue color. 1963 FORD Cutlom 300 4 door, 6 cylinder, radio, itandard trantmiition, 1964 BUICK Sport Coupe, 1 door Hardtop, automatic, radio, white color. 1961 COMET 4-door tedan, 6- cylinder, ttralght stick, light green finish. 196? OLDS Station Wagon, power tteering, automatic, white color. 1960 THUNDERBIRD 2 door Hardtop, full power, turquoise color. 1961 MERCURY Monterey Convertible, power steering, Mercomatic, radio, Nice. 1962 FORD Station Wagon, 6 passenger, radio, V-fl, Cruite-o-matic. 1963 CHEVROLET 4 door, Bel Air sedan, 2 tone paint, Powerglide transmission. 1961 FORD Galaxie 2-door sedan, V-i, Fordomatlc, radio, blue finish with matching interior, excellent buy. miAITITATI STREET TAYLOR MOTOR CO. font Io*t'clty University ho*- pttil Tuesday where she had been i surgical patient * tnontti. Mrs. Joe Sinnwell had her 500 club Thursday with Mrs. W.lliam B. Devine, Mrs. E. J. Gales and Margaret Reklmil- ler receiving prizes. Mrs. John Thul has the club on Sept 7. Mrs. Adeline Wagner, and Betty, from here and Joyce Becker, Wesley returned Tues* day morning from the week* end with relatives and friends, Colorado Springs, Colo. Betty was a bridesmaid Saturday at the wedding of a friend, Virginia Lopez to Bill Voiet The Peter Bormanns and Ralph Redings were Monday evening visitors with Mgrs. George J. Theobald and Susan N.aber in Spirit Lake. The Roman Gales, Patricia, Ann, Kathy, John and Joe, re* turned home to Glenview, III after a week at the parental, E. J. Gales home and with Roman teachs in the Evan- Eton, 111., public school. Mrs. Louise Thul had an emergency major operation Friday at St. Joseph's Mercy hospital in Fort odge. Mrs. Lizzie Wydert spent Friday at Tony Becker's. Ole KvamsdaJe, Swea Ciiy Danny Afrdef***, soft of. the Albert Andarson*, afHV- <sd ifl ._jtoi* r*Ils, S. I).,ialt week Tuesday where his fern- ily met him at Ui* airport He completed boot twining at San Frartctaeo, Calif. Me re* ports at Great Lakes Naval Training School Sept. 2. Mrs. Douglas Guerdet was given a coffee at Mrs. Floyd Brekke's Thursday afternoon. Other guests were Me*dattt& fiari PreMoft, Efnefy Preston, Gorton Burt, Michael Kennedy, Jim Kennedy, Leo Ctowley, Francis Torlne, Francis Sullivan, James Jensen, Ames, Sister Sharon Sullivan, and Mafjofie llfii- Her. Mrs. Guetdel moved into Armarong Friday, whero she wlH mike theif home. me Koland Creears, Rochester, Minn., and George Tobins, foist Chain, were Sjun^ day callers at William L Tobin's. Mrs. Greetr is a niece of the ToWni. .•••••*ii rt--——* Swea Eagle Mrs. Kenneth Bronte Mark, son of the Ray Larsons, is staying at Art W. Larson's while his parents and the Don Martins are vacationing in Northern Minnesota. Sunday supper guests at Art W. Larron's were the Paul Wicchmanns and Lou Goort- zens, Minneapolis Mr:. Waren Drones Eind Mama attended a prc-nuptval shower fcr Diane Potter al Buffalo Center Saturday af- 'ternoon at the Methodist Church. She will be m'arried to Charles DeFries Saturday evening. 'Mrs. Jens M,Ed:en, Mr;-.. Johnie Tobin and Mgrjcr'.e, and aMrs. Kenneth Brones were among these from the area to attend a pre-nupt'al shower for LuRae Blomster at the Lutheran church at Buffalo Center last week Tuesday. She Is the daughter of the l o'o rt I: lorn .iters. and he granddaughter of Mrs. FARMERS! Use LP Gas for all your farming needs - LPGAS FOR EVERY PURPOSE • Gas Heating • Water Heaters • Corn Drying • Hoghouse Heaters — and all other FARM USES — on utt for prompt. ir>orrn-fri*t! married We offer you more than just a convenient delivery . . . we make sure that a reliable supply of LP- Gas is always on hand, ready to serve all vour needs! AVAILABLE IN 500 AND 1,000 GAL. TANKS North Central Public Service Co. "A Complete LP and Natural Gas Service." 295-2484 ALGONA HI-. Borrow up to $ 500Q with this coupon. TO: AVCO FINANCE DEAR SIR: I WOULD LIKE TO BORROW I. NAME FOR MONTHS. ADDRESS- CITY STATE- ZIP. Check one: D I will be In your office at. A.M. .P.M. on D Please phone me at. at (phon* no.) A.M. .P.M. on <dtl*| Mitel Clip it out. Fill it in. Mail it to Avco. It's the quick, easy, confidential way to get the money you need to pay oft your bills. You'll like doing business with Avco, REPRESENTATIVE LOANS AND REPAYMENT PLANS CASH YOU RECEIVE « 637.63 1.000.00 1,665.93 2.209.76 2.782.23 3.640.91 NO. Of UOS. 30 30 36 36 36 36 MONTHLY PAYMENT $ 25.00 44.11 59.99 79.10 99.23 129.42 IOWA CREDIT LIFE. H I A INSURANCE AVAILABLE ON ALL LOANS AIQQMA, IQWJ money I borrow Finance Louli Ol»ytk« W»ld*r ^ Omaha. Mebr AN/CO l LOANS oven 11.000 HANDLEP ar AVCO OIITA eg, 112 North Moore, ALGONA phont 2W-3W7 Open 9 to 5 Monday thru Friday and to 8 Friday Evenlng

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