Kossuth County Advance from Algona, Iowa on July 11, 1966 · Page 6
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Kossuth County Advance from Algona, Iowa · Page 6

Algona, Iowa
Issue Date:
Monday, July 11, 1966
Page 6
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TODAY'S INVE BY THdMAS I. O'HARA fchtli'rniin, Board of f ruatMt National Association of Investment Clubi 0. My broker keeps telling nie I'll make more money by "trading" than by buying growth stocks and putting therrt away for the long pull. What say you? A. If you are an amateur, or '; part'timd investor, I can't urge you strongly enough to be extremely cautious about going into this aspect of the stock market ; -I'would'never urge a novicS, or once-in-a-while stock market investor, to attempt to be a in the stock market. It takes a great deal of sophis- ttcation about stocks on. your part; it takes an extreme degree of' knowledge about the stock market in general and the stocks you're buying in particular; it takes an ability to ferret out information from many sources; it takes the ability to be calm even wheh taking obvious' "fliers" on questionable investments; it takes the ability to take a heavy loss philosophically and dive right back into the market—and it takes a fantastic bit of luck. If you are an average investor,, with an average knowledge of the stock market, my observations of many investors for many years indicate the chances are good that you'll:, lose more than you gain with in-and-out trading. Cot with Mr*. Harry L. Maw Mr. and Mrs; Dale Johnson and girls visited Sunday with her parents, Mr. and Mrs. Walter Barr in Algona. Joyce Krebs^ who is employed in Cedar Rapids, spent the weekend with her parents, Mr. and Mrs, Ben Krebs. Mr. and' MrS. Charles Claude and family, Mrs. Rose Hensohein and Marvin Bosworth attended a Claude reunion ait .Garner on Sunday. Mr. and Mrs. John Thompson of Farmer City, 111., were Saturday dinner guests of Mr. and Mrs. Charles Claude. Mr. and Mrs. Ed Nepple ant family of Carrpll ; spent the past Weekend with Mr. and Mrs. Frank Weber. Mr. and Mrs- AT Slobe of Algona visited Saturday evening with their daughter and family, Mrs. Jim Daniel Mrs. Mag Bleich of Wesley, a 1 Corwith-WCSley teacher; had sur- Arties, riesday to her work at Burt Savings bank. Birthday circle will meet July returned Wed-.Masse, the Wendell Christen. 14 With' Mrs. Hilda Gross. • The Melvin Johnsons left Sat* urday to Visit in Colorado with Raymond Baer in Aurora,' and iH Denver and Colorado Springs. The As C. HinkleyS spent the sens, Wesley, and the John Mas* ses, Jackson,. Minn, Alvina Masses and Peggy fijflis- s>, daughter of the Emil .HaaSes. Sunday and spout Monday in Iowa City visiting Ruth Hasse. Guests Tuesday of Mrs. Ger- Legion hall, trude Ackerman were the Hen- veokend with their daughters ryRiekens, Concord, Calif. They Judy and Marilyn and families,!also visited relatives in Alton, the Bill ScHaties, Cedar Rapids, and the Doti Thomsens, Iowa City. Tuesday Mr. Hinkley had a checkup at Oakdale. •'. The Gttarles Schraders attended a family picnic at Elhiore the Fourth. " . ; Fourth of July picnic guests at Emit HaSSC's, Fairmont, were Alvina Hisse, Albert Haase, Paul '*« l^*«*«» »T«JV»« *•» «•*« v+*iv v*uu»»£^.* _^. - . _• _, •• , I especially urge you to go gery at the Park hospital in Ma slowly on this if you're going tb rely chiefly on your broker's tips 1 to do your in-and-out trading. On the other hand, any individual Who exercises reasonable judgment and buys a good quality company and continues to own it through his lifetime is likely to benefit both from good dividend income and stock appreciation, over the years. Here's another thing to think about if you go for short-term trading. Let's say you bought 50 shares of stock at $50 a share. And let's say that in two months they went up to $55, at which point you sold—at a profit of $5 a share, or a 10 percent gain. Not bad, you say. But wait a moment: that isn't all profit. First, you will have to pay brokerage fees • of around IVa percent to buy and another V/z percent to sell. ( On top of that is the item of taxes'. ...-• '•• ."••-,• - -••••••• • ; Your tidy little 10 percent i gain might fade into a 3 or 4 ; percent profit which isn't much different from the dividend income you can have from buying son City. Mrs. Wilmer Tabb returned tb ier home from the Mercy hospital in Mason City. Mr: and Mrs. Dort Peterson of Goldficld visited Sunday evening, with Mr. and Mrs. John Daniel Sr. Mr. and Mrs. Marion Larson and family of Hardy visited on Sunday evening with. Mr. and Mrs. G. M. Will. Mr. and Mrs. Gene Wagner, Jerri Lynn, Pam and John spent Sunday and Monday at the cottage at Lost Island. A son was born Saturday, July 25, to Mr. and Mrs. Marvin A. Meyers at the Hancock Memori- and holding many stocks these days. good quality Karen Banwart marriet KAREN BANWART, daughter of Mr. and Mrs. Arlie Banwart, and George Bierstedt, son of Mr. and Mrs. Hilbert Bierstedt, were united in marriage Friday evening, June 17, at 6:30 in St. Luke's Lutheran church at' Fairville; Iowa. Pastor Clifford Bliss performed the double ring ceremony. The maid of honor was Kathy Blair and the best man was Gary Berkland. Ushers were Terry Frieden artd : Mark Bierstedt. Misses Doris and Irene Beck, cousins of the groom, sang "Wither Thou Go- Photo by Glenn's Studio. Guests Saturday and Stinday at Bob Hamilton's were the Wm. Martinsons, Madison, Wis., who were on their way home from Tacottia, Wash.* and a visit at the Dean Meier's. Mrs. Martinson is the former Lila Olsort and Mrs. Meier the former Leta Olson, former residents of Burt. The Glen CrouSes, Humboldt, eral days In the Black Hi k Mrs. Hugh Marlow sold her house and mov<*d to Lonc^Rock. Tfie Waldo KJUseS are ttvittg in her house. H<§ is a junior high school teacher in Burt, The annual Hoosier picnic will be held July 17 in the Burt . Tom Ulse* and LeRoy Davis attended two Weeks NCO school and Mrs. C. M. <Jfds§ hams, Mason City, Ldslie hams; MarhaiitoAvn, Gleiifl Graf hams, Algona, Joe GraJiam and Mrs. Arlirida Hunt, of Deliver, Cold. A 4'H club bake sale will be held at Mitchell's July 13 at 7:30 p.m. till all is sold. Mariners dub met July 3 at the Burt Presbyterian i church. aiienueu. iwu wcci\a, i'*-'*-' »~—— mv. ~— », _ 1( « at the IbWS Military Academy *t ( Devotions were by Russell and Camp Dodge, graduating July 2. Ruth Patterson. The program The fm DSvises and Mrs. Le- was by Bruce and Barbara Cal- Roy Davis attended from Burt. breath. Hosts were Leonard and Recent "guests at the Jay D. Marlene Stertzel and Bill and Graham's were the Paul Bergs, Avis Christensen The surprise Washington, Di C,, the Christie, number was by Harold arid Vi- Olsons; Blooming Priarie, Minn., ola Becker. Mrs. Paul Limberg and baby, of Missoula, Mortti, John Emmerts, Mason City; and Kenneth Gra- Need Printing? AT THE ADVANCE club at West Bend. Miss Delores Gerber was at the guest book. Miss Carol Miller poured coffee and Miss Donna Montag poured punch. The wedding cake was cut and served by Mrs. B. L. Banwart and Mrs. Dean Banwart. . The bride is a graduate of the West Bend Community school and attended Waldorf college. She is presently employed at the Iowa State bank at West Bend. The groom graduated from Sentral high school and attended est" and "The Wedding Prayer," Bmmetsburg junior college. Af- with Miss Doris Beck also play- for a short wedding trip to the ing the organ. j Wisconsin Dells, they will be' at Following the wedding, a rei-home on a farm 1% miles north O. I have in my possession some stocks which I would like to have checked to see if they have any value. Can you help me? A. You have listed a truly remarkable portfolio of "cats and dogs." I hope you have also made investment in less dubious issues. As for finding out about them, the best way would be to write to the registrar or transfer agent whose name is given on the stock certificates. Or you might try Moody's Manuals or Poor's Register of Corporations. Your library ...may .also have I Fish^s^ibjO|8k$ listing defunct i companies.-i- and it is possible thaf is where you'll find your companies. Appreciation to Girl Scouts by Easter Seals Last week the Senior Girl Scouts of Algona received a letter of commendation for their part in preparing the Easter Seals for mailing, from the Iowa Society of Crippled Children and Adults, Inc. The girls have for the past several years "stuffed" the letters and arranged them for mailing. Mrs. Russell Patterson, Burt, county chairman, recommended the Scouts for the certificate. Girls working were Gail Bartholomew, Mary Bray, Cheri Boeckholt, Linda Buscher, Cindy Long, Sue Moulton, Sharon Menneke, Shari Nelson, Eileen Reilly, Linda Sands, Peg Schutter, Linn Taylor, Janice Wagner, Dianne Jensen, Linda Hans, Donna Kenyon, Patty Holecek, Sue McAtee, Be Marshall, Cindy Reding. HAWK — "Herky" a one- winged red tail hawk was gently cared for by 15-year-old Bruce Strampe, Elkader, after he was found in a field near St. Olaf. Soon "Herky" will become a part of the State Conservation " "Commission's display. al hospital, Britt. He weighed 6 Ib. 11 oz., and has been named Jeffrey Tonjes. Mrs. Emma Oxley, Mrs. Inga Woodbury, Mrs. Esta Schulz and Mrs. Abbie Bush spent a few days with Mr. and Mrs. Roy Johnson Sr., at Humeston, Iowa. Rev. and Mrs. Ronald Cowlesf and family moved into the Hankin house vacated by Mr. and Mrs. Lyle Wigness'and daughter. Rev. Cowles and family are from Kansas, and he will be the pastor of First Baptist church a'. Corwith and Ren wick. Bea McBeath of Waukegon, 111., spent from Sunday to Wednesday with her sister and family, Mrs. Harry Maw and another sister, Mrs. Esther Jackson, who is visiting here. William Moldenhauer, returned to his home from the Veterans hospital, Des Moines. Mi*, and Mrs. C. B. Robinson spent Saturday night and Sunday at their home. Their grandson Kenny Robinson ception was held at the Legion, of Fenton. traveling wildlife New officers Burt auxiliary are installed Burf — The Legion and Auxil- liary met July 5 at the Legion hall. Hostesses were Maree Bah- lived in Texarkana, Ark., and was a sister of 'the late Charles Schrader. - the executive board is Beth Miller, Helen Wermers, Leona Lacy. A gift was presented to the out- uvrti 4i.v<iiii • 4*vrKSi«ii3vr*t w* vrif bjiri/ . . , . ._, , __ there here' He is a patient at going president Genevieve Gra- the Veterans hospital in Iowa Ci- h . am .; The Auxiliary served lunch t v at the annual Burt Co-op eleva- Eldon Geary, who is employed tor stockholders meeting July 8. in Mason City, spent the weekend with his parents, Mr. and LAABS REUNION Mrs. .Elwood Geary; . ... Mrs. Chris Haase and Berniee attended the Laabs reunion July Fenton community center. There were 94 present from Worthington, Fairmont, Madison Lake, Austin and St. Paul, Minn., Dresser, Wis., Armstrong, Bancroft, Titonka, Algona, Burt, Fenton and Lone Rock. Coming the longest distance were the Wayne Laabs family, California. It was decided to have another reunion next year at the same time and place. This was the fourth Laabs reunion. Walter Steward has been a patient at Mercy hospital, Ma sort City, since Fridey with' Deani Glapsaddle as Mrs. Steward, Karen and Timothy, went to Mason, City Thurs day to-see'him. , The Norman Sandersons and Debbie, Seattle, Wash., are visiting the parental Dickmeyerf nson and Genaveve Spry. Past here and with Algona relatives, president Beth Miller installed | Deloris, Mrs. David Weston, the new officers for next year: Rockford, 111., and Noreta, Mrs. Pres., Elva Bosttcher; vice, Wan- Harold Drab, Long Beach, Calif., talee Hawcott; sec., Thecla are visiting'the Trunkhill famil- Christensen; treas., Luella Me- ies here this week. Whorter; chaplain, Celia Scott; Mrs. Lena Fan-ell and the sgt, Leona Lacy; historian, Donald Farrells, Cedar Falls, Gladys L. Hawcott. Standing ited Wednesday at Mike Baer's. committees were appointed and " ~ - -- . — . Mr, and :tMrs/ Gerald Geary and fahiily, of Fort; Dodge, spent Friday with his brother and family, Elwood Geary. Mr. and Mrs. WilUam Erdman enjoyed a picnic July 4th at the Dale Widen home. Mr, and Mrs. Clarence Jurgensen accompanied Mr. and Mrs. John Nelson of Kanawha and spent the weekend at the Nelson cottage at Waterville, Minn. Mr. and Mrs. Richard Clark and son, of Campbell, Calif., have been visiting his parents, Mr. and Mrs. Don Clark and also her parents in Mason City. Mr. and Mrs. Don Hampe spent the weekend at a cottage at Woman Lake, Minn. Dr. and Mrs. Goranson and family, of Jndianola, Mr. and Mrs. David Powell and daughter of Des Moines, Mr. and Mrs. Jerry Quebe, of Iowa City, Mr. and Mrs. Charles Quebe and Mr. and Mrs. Roland Hankin and family all enjoyed the weekend at a cottage at Lake Okoboji. Mr. and Mrs. Harvey Hankin also spent the weekend there at their trailer house. Mr. and Mrs. Elmer Marr and Mr. and Mrs. Kenneth Gregson of Mason City spent the weekend at Lake Mabeck, Minn. Mrs. Edna Richter of Eagle Grove and Mrs. George Peterson of Clarion visited Sunday with Mrs. Viola Brown. Mr. and Mrs. Harold Brown and Danny, of Industry, visited his mother, Mrs. Viola Brown, July 4th. Ed Hauptman was pleasantly surprised at his home Wednesday evening by a group of neighbors honoring his birthday. Mr. and Mrs. C. B. Msyers visited* Sunday at the William. Erdman. home. ATTEND FUNERAL Clifford Schrader and Charles Schrader attended the funeral of an aunt July 8 in Minneapolis. The aunt, Mrs. Earl Trager, Mrs. Baer and Mrs. Farrell are sisters: The Donald; Farrells returned home but Lena Farrell will visit relatives in this area for several weeks. Lions club will meet July 18 at the Legion hall. The committee serving the dinner will be Luella- McWhorter, Wantalee Hawcott, Jane Scott, Genevieve Graham. Mrs. Duane Christensen 'and children, of Cedar Rapids; spent last week at the parental Delmar Angus home. Duane came Sunday and the family left for several weeks in Colorado. U & I circle will tour Fair mont July 12, All who plan to go on the tour are to meet at the Ervin Ulses farm home at 8:45 a.m. as they plan to leave at 9 a.m. Rosemary Ulses has returned from a weekend visit in Rockford, 111., with her fiance, Daniel Zaugg, his uncle and aunt Mrs. and Mrs. Ben Zaugg, Rockford. Mrs. Ervin Ulses, Mrs, Roger Ul ses and Alice Lynch met her at the Mason City airport Tuesday and they spent th$ afternoon in fllllllllll!llllll!llllllii!lllllli!IIIIIillll!lllllll!l!lllillll!I Beginning July 16th e « e THE LuVerne Co-op Elevator Will BE CLOSED SATWIMr AFTEMMMS ELPON GUiSS, Meneger lillPlllillllllilillllllllillilllllllllllilliliililllil CARPET HEBCQUftRTF.tS ^rbf' North Centre! Iowa — Carrying In Stock — The Most Complete Selection of Carpeting In This Area SEE OUR DISPLAYS NOW! JSTROITS FURNITURE Bulk Wagon Service Fuel Oil and Gas Prep Premiums With Gat Purchases at! our station. You'll Like Itl Roy Stbffel, Mgr. N. Main St. "Homebuilding Is Our Specialty" We'll appreciate a chance to estimate 'without obligation on any town or farm construction. TIETZ CONSTRUCTION CO. PhorieV'O BURT, IOWA It's Hot LIN D E IMPLEMENT CO. Farm Equipment e> A His Chalmers • Gehl 0) New Idee "Serxin^ Northern Iowa A Southern Minnesota for the oast 29 Years — 1937 tb 1966." BRown 24601 Swea City TAYLOR IMPLEMENT • Behlrn Buildings. • Kewanee Discs. • Case Farm Machinery ''The Best of Everything" Phone 295-24*7 Algona B&N W!HDr,N Binding Central AH types Building Cabinet Work 22 South Heekart, Algona Oial 255 2160 fleas*, cull after 6:00 p.m. and our Service Is Warm & Friendly We invite you to stop in anytime, regardless of the weather. Our personnel are experienced in every phase of banking ... from savings accounts to loans. Our aim is to serve you and assist in the progress of the community. For all your banking needs, it's Algona's Home-Owned Bank .. .the Iowa State Bank. Your Partner In Progress "At the tip of the Time and Temperature Corner" IOWA STATE BANK 6RAIN STORAGE GASH BUYERS OF All BRAINS CARCILL, INC. Dale Kleingartner —— Manager -— TOP QUALITY PRINTING AT THE ADVANCE Kotiuth County Advance Algona Algona, Iowa STORAGE ORATING We Move Household Goods Anywhere «, Fully Intured FMrnitMrt ft Machinery Storage In Clean, Modern Warehouse •tevN POST Dial 29$ 2775 I READY MIX CONCRETE « if Saves Money 0 Saves Time t) Does a Better Job PHONE 295-5266 ALGONA, IOWA COWAN CORP. (Formerly lt*4y Mjy ft Lumber Co,) Iowa State Bank Algona't Homo-ownod ianfc f Member of FOIC § Member of Ftejort) Reterve $y»tem UnfcaySeflWilir OF ALGONA $•'«)«• 120 »*"«*

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