Kossuth County Advance from Algona, Iowa on July 18, 1966 · Page 4
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Kossuth County Advance from Algona, Iowa · Page 4

Algona, Iowa
Issue Date:
Monday, July 18, 1966
Page 4
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4-AlOONA (lew*) ADVANCt MONDAY, JULY 11, 1t«4 CfiMttntrt, »*»frf et TrMWM Mniientt AitaelMlftn of MvMtrMiit Clufct 0. I *tn fh» beneficiary of an estate in the lower five figure*. Can you suggest how I might invest the money? I'm in my early 40'*, tingle end am more interested in a roe* sonably mured, steady in- corns than in rapid growth or (peculation. What it your opinion of mutual funds, especial* ly the no-load ones, and of cement firms? i\. Your first consideration should bs la look for investments Hist \vill help you stay even with the growing inflation that is a part of our economy. How you THE NAME THAT SPELLS VALUE IN HEA1ING AND AIR CONDITIONING GREEN Wlfll AIR CONDITIONING LET US PROVE.. QUALITY COSTS NO MORE Why buy "second best" when you can pel an engineered, quality heating or air conditioning installation and save money .in the Jong run.. Green Colonial furnaces and air conditioners are better built to give you greater comfort, more dependability, with lower operating costs. TOP PERFORMANCE Every Grqeh Colonial installation is factory engineered and tailored to .fit your home, to • assure perfect, comfort in every Toom. Why settle for less than llie best. ' V Get bur Free estimate R.J.FUNK Plumbing & Heating H E AT I N G AIR CONDITIONING GREEN COLONIAL mm proceed from there depends on your own nature. For instanhe, if you are interested in stocks, are not inclined co buy and sell frequently and have reso.tably good judgment, then you would di Well to invest directly in the securities of individual companies. You might consider dividing your money equally among automobile, utility and oil stocks. The major auto companies, lor example, are all currently paying excellent dividends based o.i their present piricss, are well managed and seem very likely to grow a little better in the future than the overall economy. When you get used to stock ownership and develop a little experience you may venture into companies in more rapidly growing industries. On the other hand, if you are not the type of person, ta take such a direct interest in individual securities, then I think you should look into a mutual fund. A good no-load mutual, of course, Would be excellent. But the important thing to look at is the record. If you find a "load 1 iimd that has bisri growing and zarning at a more rapid rate than a no-load fund you could b- ahead by paying the commission Your library likely has Wei senberger's book on mutuals, o: the Augii$t, 1965, issue of Forbes magazine, which compares the •jeribrmance of the various funds. Cpment companies, in general. are very good values right now ilthotigh they have a pricing sit uation that is likely to give them problems for some time. As a long term investment they should be satisfactory. Q. Early this year we drew $10,000 out of'savings where we were getting 4 per cent interest and invested it in a mutual fund where we would receive $50 a month. The first 4month they sold four shares to get the $50, so I went in and told them I did not want the $50 if they had to sell our shares to get it. As a result, payments have been withheld until October. We paid $10.80 a. share, but now the price has dropped. This fund has had a good record .in the past; do you think it will still be a good investment in the future? • *•..'*'•.''' •''• ' ' . " ' ' ' ? A. The fund you mention has bean a good one of its particular type; They <can^neveT guarantee that the- performance of the past will bs repeated .in the future, certainly past performance is one of the best ways we know of for judging the future of a fund. • : Q. Ten years ago I bought a mutual fimd at f11.Se 1 thertly afterward It to $7 or $• ana) KM itevar riiefi above ft. Alto, a few year* afO my broker recommended that I get out of one fund ana] boy in another at $14.51; it U now around $12, Because of the "front money" paid, I hnl- tat* in jelling. Whet would you suggest? A. Before you consider switch* ing, 1 think you should talk to the trust officer of your bank. Since your broker has directed you into three different funds, none of which has; pe.riorm^., satisfactorily during a period when most funds have done quite well, 1 would hesitate to take further advice from him. In general, it is a poor policy to switch from one fund to another. If you do decide to switch, why not ask your trust officer to suggest one of the large funds, rather than one of the smaller ones, such as you have been in? * * * •: Have you a question about your own or your* club's investment program? Mr. O' Hare will be glad to answer it. Write to T. E. O'Hara, Ma- tional Association of Investment Clubs, Dept. S, Box 1056, Detroit, Mich. 48231, en- closin ga stamped, self-addres* sed envelope. . -, . ,.. • •oo»»oooooeoe»oe»»»ooooe Burt Mrs. George Hawcbtt eooeeeeeeoooeoooeoeeeeee Weir mWards have , -if: ; •' , ,( golden wedding The first week in July, the three sons and two daughters of the Matty Wards and some o. the grandchildren came to spend a week together at the parental home for the fiftieth Wedding of Mr. and Mrs. Ward. There were 22 present, They had not been together since five years ago, Present Were Mr. and Mrs. James Cox (Dorothy) and son Cody, Atlanta, Ga.; Mr. and Mrs. Curtis Ward, Nancy Gay and Johnathan, Los Altos, Calif.; Mr. and Mrs. Don Ward, Andrea and Nancy Kay, Colorado Springs, Colo.; Mr. and Mrs. Kendall LOCALS The Ray Dvorks and twins Russell Reed and Reve Rae, of Arlington, Texas, came July 13 for several weeks at the S. R. Parson's home. Mrs.; Dvorak is the former Barbara Parsons. U. P. W. mets July 20 at the Burt Presbyterian church, the hostesses are Mrs. Roy Ringsdorf, Mrs. J. G. Olapsaddle, and Mrs. George Becker. Burt youngsters had free pony rides July 14 compliments of Vogel's store with music by Al Godfredson on the Hammond organ. The Duane Christensens returned the last of the Week from a vacation in Colorado and spent a few days at the parental Delmar Angus home before returning to Cedar Rapids. 4-H News MVerne man married Lu Verne— Karen Kay Kunert, CRESCO BOYS Cresco Boys met June 20 at 9 a.m. at David Sabin's for the club tour. After the tour a meeting was hold at Call state park. Talks were given by 'Jim Pergande and Jerry Simpson. Following the meeting a potluck dinner with parents attending was held. In the afternoon there was a softball game. Reporter is Larry Rochleau. daughter of Mr. and Mrs. Kunert, • Thor, - and Dennis E. Zweifel, son of Mrs. Laura Zwei- felj-Lu Verne, and the late Adam F; ••Zweifol, were married in the rhor Lutheran church at 7:30 p.m., July 2. The Rev. Ernest Quam officiated at the double ring ceremony. Mrs. Alvin Thorson was organ-. ist and accompianied Gay Gardipee, Madison, Wis., soloist. Judy Kunert was her sister's maid of honor and Marlene Orsland and Mrs. Gilbert JHood, Humboldt, were attendant. ..The bride's peroftal attendant v/as Lynda Lund, Menomonie,' Wis. i James Zweifel, Washington, D. ; G., was best mian. Ronald Zwei-; fal, Chicago, 111., and Jerry Zwei-i fel, Boise, Ida., were groomsmen.! Ustiers were Gale Kunert, Ron] Andersohf^Doa ' Minn., and Gaylen Witzel, Cedar Advertise in the Advance Largest PAID circulation KING Falls. Barbara .Zweifel, Boise, Ida., where he is employed with Deere & Co. as a computer pro grammar. Sho will tsach in tha Moline schools. Mrs. Laura Zweifel had a re hearsal lunohieon at Ron's in Goldficld Friday evening. oooooo»»o» Corwith Mrs. Harry L. Maw The Roy Johnsons Jr., Grinnell,' spent the weekend at the home of Mr. and Mrs. Jesse Scott. Scott remained for two weeks. The Elmer Marrs and Richard Marrs attended a baseball game Saturday in Minnesota.. The Richard Marrs, Oskaloosa, spent the weeked with the Elmer Marrs. The George Guenthers attended a 6th-dMrtct-yomrg? rgpuir can conference at Estheirville Ward and Kevin, Michael and Brian, Des Moines; Mr. and Mrs. Raymond Bilsborough, Sandra and Laurie Nan, Algona. . The Harry Wards' anniversary was March 15, but the family could not come then because of children in school. Also, Mrs. rVard had recently been in a lospital at that time and was not well enough to have an open louse, so their family made plans for the recent reunion. porcthy is a graduate of fine arts from university of Iowa and us had pictures' hung in the Southwest Art Exhibit. Her hus land is with the health, education and welfare department of Geprgta. Curtis Ward, who graduated in electrical' engineering , from Ames, does research in electron ices with Varian Associates in Palo Alto, Cailf., and helped make two parts that were on Surveyor II which recently made a soft landing on the moon and is sending back pictures. He has 22 patents in his name. Don. Ward is a pharmacist at Colorado Springs. He is a graduate of the univisty of Iowa. Kendall graduated from Ames in ndustrial engineering and is with the Armstrong Rubber Co., of Des Moines, in an executive position. All three Ward sons served in the U. S. Navy during World War II. Patricia is a graduate of Ames With a degree in horns economics and has had six years teaching, experience. There are four grandchildren who could not come for the family reunion. Sharon Cox was recently graduated from Georgia university; and/vis now married. Joy Ward, daughter of Curtis, is -Uving.in Oregon. Mr. and Mr». Cel CalloMn and sons, Kirk and Kevin, of Campbell, Calif., were dinner guests at Mrs. Clara Bollig's home in Bancroft. Mrs. Callesen is the torm- er Shirley Metzger. Mrs, Bollig s her grandmother. Mr. and Mrs. Gordon Bollig of Bancroft were guests also. Visitors of the Donald M. Pot ersons, are Mrs. Vern Peterson and children of Wathena, Kans Their husband and father came for them Saturday. Vern and Donald are brothers. Mr. •** Mr*' were *upp«r giMoil •* the horn* fieer Sutaem Mr. and Mrt. 6*n«>aig 'wtM hoett, Mr, and Mrs. John Metiger of E*- therville and Domld Bollig of were also gtierts. . •• .• ' •, Thomas .Jefferson started the Democratic party in -1V9B when he resigned from Washington's cabinet and formed his own political party, / t , ; ' WIRING Connected or Corrected UTT "JIM UTT" ELECTRIC Phone 295-2225 •UDGIT MTr.MATl SCHOOL DISTRICT NOTICE: — The Board of Directors of LuVome Community School District Kossuth and Humboldt Counties, Iowa, will meet August 4th, 1966, at 8:00 P. M., at High Scnoojj .. . h J . or nnolnst the following estimate of experHi- tul-s forW V eo?b W cgn^g Juy ° \W°o$ ending June.^CI 1967 A detailed statement of receipts and d.sburkrrints, both past and anticipated will be avtulable, at the hearing. Ro5e p,,,,.^ District Secretary. FUNDS I 2 EXPENDITURES FOR YEAR -S I - Si 1* 180 was flower girl and Michael Betten, Jolley, was ring bearer. I .A. reception was held in the church. Mr. and Mrs. Orsland, Marshalltovvn, were dining room hosts. Mrs. Richard Momch, Humboldt, had the guest book. The cake was cut by Mrs. Robert Lee Lichty, Blmhurst, 111., and Mrs. Charles Kunert, Des Moines, assisted by Mrs. Raymond Orsland and Mrs. Willie Kleen, Thor. Pouring coffee were Mrs. Henry Lee, Humboldt, and irlrs; Jerry Zweifel, Boise, Ida. Serving punch were Mrs. Harold Middle ton, Eagle Grove and Lynda Lund, M&nomonie, Wis. Waistresses were Janice Orsland, Arlene Opheim, Linda Kleen, Jayne Minikis, Thor, Lo!s Lee, Humboldt', Linda Lichity, Elmhurst, 111. Gifts were opened by Judy Berkland, Fort Dodge, Mrs. Lawrence Sbragis, Laramie, Wyo., Janet Lee, Mason City. Pages were Jim Orsland, Thor, Ron Lee, Humboldt, Ron Lichty, Elmhurst, 111. They will live at Moline, ill., 1 PLUM CREEK ELITE The Plum Creek Elite 4-H club met July 9 at the home of Diftiei Keith, New members are Roberv ta and Sandra Zwiefel. Talks were given by Patrice Bode and Annette Gilbride. Demonstrations were given by Jane Walker and Norma Bode. Achievement day is July 30. Friday. The George Guenthers at- ...electrically! You'll enjoy cool cooking—-in July or January—with your modern electric range. Electric cooking uses the heat to cook the food, not the cook. Electric surface units on your range send heat directly to pots and pans ... and your electric oven it well insulated everywhere to keep the heat where it belongs ... inside the oven! Cook cool this summer:—and all yoar 'round--with an efficient, clean, modern e/ec(r/c range— your summertime friend! Algona Municipal Utilities tended the wedding of James Antoine, Bancroft, Saturday. He- was a college friend of Mr. Guenther. Mr. 'and Mrs. Robert Schroder and Allen, Waseca, Minn., visited the Clarence Jurgensens Tuesday. Kathy and Lois Jean Heil of Marsihalltown are visiting their grandparents, the Clarence Jur- gensens. Mr. and Mrs. Clarence Jurgensen 'attended a Lau reunion, Humboldt, Sunday. S/Sgt. Don Riggle and family who have been stationed the past two years in Formosa, are visiting his parents, the Charles Riggles. Weekend guests were his sister, the R. F. Arrics and his mother of Tulsa, Okla. The Sgt. Riggles left Monday for Washington, D. C. where he will be stationed. The C. B. Robinsons have returned from Iowa City. He has been a patient at Veterans hospital. The Charles Riggles left Monday for Lexington, Md., to visit their .daughter, the Eugene Pratts. Mrs. Harry Fleming fell while at the home of her daughter, Mrs. Tom Davis, Des Moines, and broke her leg. She is a patient at Methodist hospital there. David Considine, Sioux City, spent the weekend with his parents, the Rev. Frank Considines. Larry-Ward; son of Curtis, wasini the Marines, is now married and is to attend college in Oregon. Don's daughter, Donna Ward, is emp46yed at Colorado Surings and plans to attend college in Colorado. - The newspaper is convenient; it may be consulted at a time most convenient to every member of the family. General 177,570 190,440 202,862 30,541 172,321 190,440 202,862 17,777 17,307 TOTAL — All Purposes -- 195,781 208,217 220,169 Tolol — General Fund .- 177,570 Bonds and Interest 18,211 30,541 172,321 17,307 30,541 189,628 T«tal« No. 1 Distribution of Control Fund Expenditures EXPENDITURES FOR YEAR 1964-1965 1965-1966 1. Administration 15,411 15,533 2. Instruction 113,772 121,438 3. Other Education Cost 146 72 4. Transportation 17,346 17,508 5. Fixed Charges 10,160 10,279 6. Operation & Maint. .15,160 14,167 8. Community Services .174 30 9. Capital Outlay 5,401 5,407 II. Federal Programs ... 6,006 Proposed Expenditures 1966-1967 16,480 130,460 125 12,100 11,862 15,400 30 3,300 13,105 Total Same as General Fund above - 177,570 190,440 202,862 Tobl* No. 2 Distribution of General Fund Receipts Other Than Taxation RECEIPTS OTHER THAN TAXATION Estimoted Rccepits 1964-1965 1965-1966 1966-1967 General State Aid — 9,730 15,633 12,734 Transportation State Aid ---- ...... 3,883 3,652 3,402 'Federal Aid ........ 1,114 9,212 13,405 Semi- Annual Apport'm't 965 993 500 Military Serv. Tax Credit 425 Trailer Tax ---------- 75 Transfers ---------- . — 2 Tuition ............ 723 604 Transportption ------ 78 83 Otter.Rceipts.---~- h ..43 . ... 307 ~ . col. 5 above) ..... -. 16,536 30,486 30,541 Secretary's balance July 1, 1966. I 1. GENtKAL i-uN.. - „-$ 68,945 2. Less Unpaid \Bills —..J26,375 3. Less Balance Reserved $42,570 $ 68,945 SCHOOL HOUSE FUND .$ 6,039 Est. tax per $1,000.00 assessed value $ 31 Taxable valuation, 1965 Kossuth •-. - -- $ 4,533,753 Hurnbolcir - $ 1,252,214 Moneys and Credits, 1965 Kossuth . — —-. - $ 164,803 Humboldt : --.: $ none Tax free lands . $ 2,049 NUMBER OF PERSONS OF SCHOOL AGE 425 X 307 equals $ 130,475 (state averaq-?) Published in the Algorvo Kossuth County Advance, Algona, Iowa, July 18, 1966 . H-H I I 1 I I I i I I I I I 111 11 I | J i I I I II I ill UN 1 I I I I I I M GROUP PICTURES PHOTOORAPHiP BY Mike Stillman and family reunion picture* and other • > photo*. FOR QUALITY PHOTOS: fill W5W4 Ww« S p.m. ^H^ ^i^^P •! PB* fpB^ Home Federal Savings & Loan Assn. All Account! Fully ln»ur«d to |10,000 Save From The 15th ^ garn From The 1st $INCt 1917 - AtGONA, IQWA AU Saviiigs Accounts insured yp to $10,000 by the Federal Savings and Loan Cgrporation o| p. C.

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