Kossuth County Advance from Algona, Iowa on December 18, 1967 · Page 8
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Kossuth County Advance from Algona, Iowa · Page 8

Algona, Iowa
Issue Date:
Monday, December 18, 1967
Page 8
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•0. My wilt and I have $5*000 that wo want our ton and d«ught«r-in-l<tw to have •> but only at a down payment oh a hem* in tho future, How thould we invest for best in* come and how can wt matte certain that they MM tho mon< ey only for the down payment? Thift i* important to us, because tht money involved the insurance from tho death of our only other child. A. The first question to be answered is, how long will it be before your son and his wife will need the money? if it is only a short time, 1 suggest you keep the money in a savings account. If you are talking about two to five years, or. more, then you might consider a high-grade preferred stock or, better yet, a convertible preferred, which a good broker might help you select. As to restricting the Use your son and daughter-in-law can make of the money, this is a legal question; 1 suggest you consult your lawyer. DISCOVER THE BOLD, BEAUTIFUL NEW LOOK OF The golden r.iys carved into the rim of Franciscan Discovery's dazzling new TOPAZ pattern introduce a bold new look in dinnerware. Exciting new Discovery is hand-crafted true china, guaranteed for one year against all household damage. Completely oven and dishwasher safe. Topaz is just one of the "alive with color and texture"'new Dis'covery'patterns we now have on' display. See them today! ' 76 pc. Starter Set -529.95; 45 pc. Service lor eight • $700.00 WILTGEH JEWELERS ALGONA, IOWA Alow* (fewif MONDAY, bEC. 18, Q. My hw*aml and i are Itffni on Metal Mfiiirity, We have M.OOO in Mvlnft whkh wt weuW ilfeo to Inveit to more Ineomo. What wouW you lufgait for ui, a cotfpto who have never Invaittd? A. Since you have never in' vested and can't afford to take chances with your sav- . ings, 1 suggest that you place the $4,000 in savings certificates at your bank, which should get you about five per cent interest. 0. Our grandchildren, 12 and 16V have $300 to lnv.it. What would you suggest? A. I am sending you a copy of the National Association of Investment Clubs' "Better Investing" magazine. Your grandchildren can afford risk and can await growth, therefore 1 suggest that they consider one of the stocks listed in the magazine's model portfolio. i 0. Wo recently sold our mutual fund shares, which were not making much money for us, and, on our broker's advice, purchased $30,000 worth of Enterprise Mutual and $50,000 worth of Fletcher. Now wt have b*tn told this was vary risky because those funds ar« quit* p*w. • will you advit* u»? A. I don't know what mutual fund you sold, and therefore do not know whether you sold a good one or a bad one. The services I have do ntit contain any information on the funds you have bought, indicating they may be both new and small. Let me add, when you buy into a mutual fund, you should buy for the long term. The commissions on mutual- fund purchases run into money. Assuming that the two funds whose share you bought levy a normal charge, you paid about $6,400 to buy the $80,000 in funds. If you were to sell them and invest in still another fund, you would again pay a similar charge. This is not the way to make money. 'Before you make any further change in your investment program, I suggest you talk to your bank's manager or trust officer, who can either advise you or direct you to an experienced broker. . Mrs. Madeline Hall, Brooklyn, has been weaving rugs on the same loom for over 40" years. Mrs. Hall no longer knows how many rugs she has woven but enjoys weaving rugs and other items as a hobby. FREE!! Attractive COIN BANK with lock and key from Hi* OWA STATE BANK >; ^**^A»^ WITH EACH NEW SAVINGS ACCOUNT OF $10,00 OR MORE; OR A $10,00 ADDITION TO YOUR PRESENT SAVINGS ACCOUNT, GET THE SAVING HABIT WITH REGULAR WEEKLY OR MONTHLY DEPOSITS FOR YOUR FUTURE FINANCIAL SECURITY OPEN YOUR SAVINGS ACCOUNT TQDAY AT THE OWA STATE BANK "THE BANK THAT HAS TIME FOR YOU" Shower {top it OttMN fir reeeit bride Ottoman — Mrs. Kurt Paeper, nee Beverly Kampen, was given a post nuptial shower Saturday night at the Presbyterian church, Mrs. H. D.- Benson announced the pro* gram. She introduced Mrs,' Paeper, who in turn introduced her mother, Mrs. Fred Kampen, the groom's mother, Mrs. Glen Paeper, and his grandmothers, Mrs. Laura Paeper and Mrs. Carrie Louis, Newell. Mrs. James Fowler gave a reading. Mrs. Benson had two quizzes. Mrs. Howard 'Hellick- , son gave a reading and Mrs. Benson gave a reading. The bride's mother and grandmother were given corsages of blue and white. Helping with gifts were Sandra Kastrip, Peggy Kampen and Sue Paeper. Hostesses were Mrs. Benson, Mrs. Lester Wehrspann, Mrs. Hellickson, Mrs. Paul Kampen, Mrs. James Fowler, Mrs. Mike Coyle, Mrs. Kermit Fowler, Mrs. I. E. Movick, Mrs. Virgil Struthers, Mrs. DeVere Newton, Mrs. Leo Tofteberg, Mrs. Howard Thompson, Mrs. Eugene Hofius, Mrs. Oscar Oppedahl, Mefel Ludwig, Rutland and •Mrs. Gerald Shiflett, Humboldt. HAVE HOLIDAY PARTY The Ladies Rural club met Thursday at Mrs. Mary Leitl's, for a Christmas party with a 50c gift exchange. Some women told of stringing pop corn and cranberries for decorat-. ing the Christmas tree and* also making paper chains to hang on the tree. Towels were ordered from the blind. Christmas games and readings were had. Two Christmas songs were sung and Mrs. Leitl sang a Christmas solo. UPW GUEST PAY United Presbyterian Women met for a Christmas guest day Wednesday afternoon. Ralph Richards and Mrs. H. D. Benson had the program. Mrs. Albert Thorsen read the Christmas story and gave the prayer. Readings were given by Naomi Struthers, Mrs. Richards and Mrs. Benson. Christmas songs were sung between each reading. -Lunch was served from a tea table. Lutheran Church Women met Wednesday. Mrs. Richard Kinseth was the hostess and gave the devotions. Mrs. Robert J. LeMont gave the. lesson. Others who helped sum up the study were Mrs. Howard Hellickson and Mrs. Howard Thompson. The Hans Kampens and Joni, Laurens, were Sunday night visitors at Fred Kampen's. Richard Kropf, Ruthven, was a Tuesday morning caller at his parents, the Sam Kropfs. The Richard Christiansens and Jana, Humboldt, visited 'Mrs. Jenny Bratland Sunday afternoon. Sunday night guests were the Harold Dales and Debbie, Dakota City. The Duwayne Benges, Bradgate, were Friday night visitors at Merle Halsrud's. Mrs. Harold Sundet, Algona, spent Thursday with IT'S her mother, Mff. Anna Longseth and they baked tefsi i The James Lennings, Hun* toldt, and Mr* Time L*n- flifig, Dakota CHy, were Sunday afternoon visitors at De< Vere Newton's. Hans Kampen, Laurens, and the Fred Kampens were business callers at Cedar Falli Friday, , i ' The R 'D., Bensons attend' ed a Christmas open house Sunday at Donald : Gross's, Fort Dodge, Mrs; Gross is a niece of Mr, Benson. Daniel and David Bets, twin sons of the Homer Betzes, were six years old Saturday. Sunday their grandparents, the Erling Malmlns took them to eat at the Starlite at Fort Dodge. Others in the group were the parents and brother Dean Beti and the Edward Malmlns, feradgate., The Richard Kinseths and Oliver Kinseths attended the Humboldt R.L.C.A. and auxiliary party at'Kropfs cafe Saturday night. The Neal Olsons were Friday night visitors at Homer Betz's. The Allan Watnems were Sunday guests at Howard Thompson's. "Unlucky" Brook Ronnie Little, 9-year old son of Mr. and Mrs. Lloyd Little, Oskaloosa, is in traction in Mahaska hospital with his fifth broken bone. This time it is his leg. His twin brother, Roger, has not been as unlucky as Ronnie but Ronnie says, "it could have been both legs at the same time!" 25 complete mSlmas AT BUY No USE OUR •Z PAYWA 1 Qtrtilmas Bonus NO PAYMENT Tit FEBRUARY [COMT-TO-OOMT! IP WOLF, Owntr n i. itttt ft. .., Lynch; Esthetville: Orel , ^?«ta*iajiii«4 JB*tTsAHAjtalMaV_iiaVial. t Jttdkifcjft * ifnlngf E*tntlKt8DUf§p LXJT§fl M.Grelhef; Mallard; J, ftus* Mil SteWWest Bend; Louie F Schatef. ..-.,- '• '.-•" • :: The local civil dcfefise 1 or-- ganization is currently working on a county-wide waffling system, in addition to this system Wi if« civil detent Idtilt education course fdf high school junior* Of liftiM*.,.TOil is § 12-hoUf mm ind the state department of public instruction en» courages H to be offered to high school students. . twenty-five people recently completed i do-hour course in civil defense management. This course was offered by the state civil defense office to give leaders from the urban and rural areas a better understanding of how to use the program in case a need arises. Jay Murray from the Iowa State university present ed material covering the subjects from tornados, to shelters, radiological monitoring, civil defense adult education in schools, medical self-help, and others. Mr, Murray and Walt Saunders further explained how bur county might qualify for matching funds for part of these programs, The following individuals completed the course: Algona: Merle E. Chamberlain, Ted Charles; Kenneth D. Crandall* Galen DeValois, Stan Gardner, Curtiss P. Haahr, Wayne D. Keith, Royal A. Nold, Jim Peterson, Lawrence H. Riedel; Titonka: Paul E. Ferguson; Fenton: Arnold W. Hansen; Wesley: Robert E. Jongewaard,- Louis Simpson; LuVerne: Bert C. Ramus; Swea City: C. S. Kluger, Dale E. Wegener; Whittemore: Wilfred Schmeling; Ledyard: Lawrence P. Ternes; Milford:* WUliam L. Conner, Norman See that you're always safe from financial worries In time of accident or illness, insurance pays the costs . . . assures the peace of mind you need for a speedy, worry* free recovery. For Health and ae» ddent Insurance... and Insurance of aD types. Blossom Agency 109 N. Dodge Aloona, Iowa Phone 295-2735 AlftM Rn DjpMtaMKt I Mayor WIIH YOU A SAFE art MfMY CHRISTMAS FIREPROOF YOUR TREE! Mix tof«thtr r/< lb». of b»ric add, IV, Ibt. Bor«x and 3 •alloai of water, Thoroughly Htwrato tho trte and allow to dry, William J. Finn, Mayor Chatter Willay, Chief Ponnio GUttr Harry tartan •tan Muckoy Cy Vontoichtr Hind GoilenfoM Vtylaa Pf n Patarton Utt Jim Rawer John bevy Gana Schattichneidar Wayne Moytr Claronco Metytr Jim fdfinffon Dowf Jtrgtnion Parold iimmoni Pick UHi«r Rifhi ri Fridtrti HtwtN Foribf rf 9rio (»ud) Nttr«$n, Jr. Sili Let's make 1967 a Fire-Safe Christmas!

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