Kossuth County Advance from Algona, Iowa on July 28, 1966 · Page 13
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Kossuth County Advance from Algona, Iowa · Page 13

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Location:
Algona, Iowa
Issue Date:
Thursday, July 28, 1966
Page:
Page 13
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Alqona K<muth THURSDAY, JULY 28,1966 — ALGONA, IOWA — hay. 1 / Mf. and Mrs. Bernard Meisiter went to Carroll, Iowa Saturday to attend the wedding of her uncle Mr. Gregory Schfbedef of Paul Church. Mr. and Mrs. Ted Ringsdorf of Laton, California visited in the Jesse Harms home, Thursday afternoon. Their grandson, Greg- Lake City and Catherine Brttihn! ory Bates of Caruthers, Calif of Carroll at the St. Peter and ornia, is spending a few days in the Jesse Harms home. Mr. and Mrs. Bernard Meister and Mr. and Mrs. John Welp dined at Charley's Supper Club last Tuesday evening, in. honor of Mrs. Meisters birthday which was Monday. Mr. and Mrs. Jay Steven attended the funeral of Jay's cousin, Harry Merriam at Garner a week ago Tuesday and the funeral of another cousin, Mrs. Lillis Jacques of Galva, Iowa the following Saturday. Mrs. P. W. Martew Mrs. fceftflJa Metotef Jttld and Mrs. Watti*. fitkdl Motite wetelltediieidiy noon visitors In the Jay fltevfett home. IT since 1953, and you didn't have to be a genius to get very good results. If you had bought General Motors at its low in 1953, each $100 invested would have been worth $633.33 in 1965. Even if you had bought GM at its 1953 peak price, you still would have $500 for each $100 invested. Or take another example: if you had bought Radio Corporation of America at its high in 1953, each $100 invested would have increased to $637.50 in 1965. Most any individual would have recognized these two companies in. 1953 as good representatives of American industry and worth owning. As a matter of fact, if you had wanted performance like the mutual fund your broker suggested, you could have bought good old reliable American Tel. and Tel. An investment of $100 in AT and T at the 1953 high, would have grown to $263 by 1965, and the dividend income you would have received would have been substantially higher than that paid by the fund your broker has suggested. Titonka youth is married PICTURED ABOVE are Karen Elizabeth Pearson and :R. Dverg Krantz who were married July 9 at 4 p.m. at the Bethel Lutheran church in Stronghurst, 111., the Reverend Stanley S. Johnson performing the double ring ceremony. She is the daughter of Mrs. Loren Pearson and the late Loren Pearson, Stronghurst, and he is the son of Mr. and Mrs. Clifford Krantz, Titonka. TODAY'S INVESTOR BY THOMAS E.O'HAHA Chairman, Board of Trustaes National Association of Investment Clubs O. I am near retirement. I have stocks with a current value of $43,000, plus $60,000 in a savings and loan association. My home is paid for. Do you have any suggestions as to how I might improve my investments? A. The $43,000 worth of stocks you list is bringing in dividends of around $1,600 a year. Your $60,000 in savings brings in about $2,400 a year. While the income from savings and loan is good, it will give you no hedge at all against inflation. You likely will want to plan for 20 to 25 years in the future, in that period, your savings and loan income will remain static at $2,400. No inflation hedge there. On the other hand, your $43,000 worth of stocks likely will appreciate in value and provide greater dividends through the years at a rate at least equal to the inflation that will take place in our economy. Since your home is paid for, I see no reason for you to maintain such a high savings and loan investment. I suggest you withdraw. $40,000 from your savings account and invest in a good quality cost. You can make some good buys right now in utilities and oils that will bring you about the same immediate return as your S&L funds. The odds are that five years hence your dividend return will have! shown a good increase - a! pretty good hedge against the possible partial loss of purchasing power of your dollars through inflation. Q. My broker has been trying to get me to buy mutual funds. He says I can't go wrong because mutual* represent such a broad cross section of industry. He named one in particular that sounded good; each $100 invested in it in 1953 grew to $253.22 by 1965. What do you think? Am I really guaranteed an exceptional income in a mutual fund? A. I think your broker took his illustration right out of Forbes Magazine. In its August, 1965 issue Forbes Magazine made its annual analysis of mutual funds. The one your broker suggested was out performed by 75 of the 84 covered by Forbes. A growth from $100 to $253.22 in 12 years doesn't sound bad, but why didn't your broker recommend the mutual fund that according to Forbes, increasec that $100 to $604.24 in the same I period?. Portland Mrs. Victor Fitch Mr. and Mrs.. Lloyd Schmidt of Beaumont, California were Vlonday dinner guests in the [lay McWhorter home. The Schmidt's used to be neighbors lere. Mr. and Mrs. Jesse Harms, Mary and Norma, Mr. and Mrs. Fred Qavis and Grandma (Mrs. Oliver Campney) were Sunday dinner guests in the Gary Davis home in Algona. Mary Ann Goetz, of Osage, girl friend of Eugene Meister, came to Algona to attend a ball game, and was taken to the St. Ann Hospital Saturday for an emergency appedicitis operation. She was released the next Friday and will spend a few weeks in the home of her parents Mr. and Mrs. Philip Goetz of Wesley, recuperating. Mr. and Mrs. Jay Steven, Mrs Bemadine Ophiem and child ren of Burt went to North Wash ington, Iowa last Sunday to visi' Mr. and Mrs. Jim Steven arid family. They had had'a lot o rain and were trying to make j-— • at Diamond's DURING ALGONA'S BIG RIDICULOUS DAYS BARGAINS SUCH AS THESE 5 LBS. OF BUSS Reg. $1.98 Worm Bedding . 10 - GALLON Garbage Container MEN'S $1.99 VALUE SHORT SLEEVE Knit Shirts . . . '1 ,* IMEN'S $1 Straw Hats ...39' SMASH GO PRICES AT Diamond's ARE AGAIN enneif i ALWAYS FIRST QUALITY * % ANNUAL Reduced for a limited time! RENNETS FAMOUS SHEETS IN WHITE AND FASHION COLORS! NATION-WIDE® — long-wearing muslins. 133 count.* Make your bed in snowy-white. You'll find our Nation-VViclc sheets so crispy- smooth, firm, wonderful wearing. All perfects! Lab-tested. Hurry! WHITE Stamped Pillow Cases . 1.00 pr. twin 72" x 108" flat or j51 Acrylic Thermal Blanket .. 6.00 Elasta-fit Sanforized® bottom | Ny , on Throw Rugs 4>00 E l !ast 8 a 1 -fit X Sa 0 n 8 foS t ed 0r botto 1 n i.7i Drapeiy Remnants ... 50c Pillow cases 42" x 36" 2 for 83e 4 Yd. Dress Lengths . 4 yd. 1.00 Fiberglass Drapes 4.99 PENCALE® — fine combed cotton percales. 186 count.* Bedrooms wear color with flair today, and our silky-smooth percales have deeptones, naotcvlc.. onrl cnr>itni_vi7l->i in tt\ rrit/n \re\n all tlia ttlinrlps vnil waill' All l)f>l - fp.C:t.S. Lab-tested. A \ „ Bedrooms wear color with llair today, ana our siiKy-smoom percaies navu ueeinuiHsa, '***' -~xs& s&& P astels and snowy-white to give you all ths shades you want! All perfects. Lab-tested. '^^-•ZZSiS"**^^ J FASHION COLORS: Deeptones: avocado, M^' — „*"*-"""" WHITE honey gold, hyacinth, copen blue, per* • ' ^* twin 79" x 101" flat or 185 simmon. Pastels: pale pink, It. lilac pas- •*f ^^ IWin IZ X JUli llat Or BVV «^i .,_il_,., ^.-v^linu rrrnon coQfnam limp 1 twin 72" x 108" flat or 185 Elasta-fit Sanforized bottom full 81" x 108" flat or Elasta-fit Sanforized bottom 2.07 """^AJ Pillow cases 42" x 38" 2 for 1.05 ''bleached and finished s. W fl&9 I l^^l^ ^^0 W^T 1X**» JI-'V'VJ I-* W IIX^U . » T X^W»v.»J honey gold, hyacinth, copen blue, persimmon. Pastels: pale pink, It. lilac, pastel yellow, opaline green, seafoam, lime, milk chocolate. twin 72" x 108" flat or Q58 Elasta-fit Sanforized bottom f full 81" x 108" flat or *" Elasta-fit Sanforized bottom 2.78 Pillow cases 42" x 38" 2 for 1.28 IMAGINE, SO MANY TOWELS . . . STRIPES AND SOLIDS, AT A $1 2 for $ 1 24" x 46" bath sizes 3 for $1 hand towels, 6 for $1 washcloths FOAM LATEX PILLOWS Resilient foam pillows. Sanforized white cotton ticking zips off. Cord edge. A super buy, hurry in. SPECIAL! 2 for $8 19" x26" x 6'/a" FITTED MATTRESS PADS Quality buy at big savings Sanforized cotton cover, bleached cotton fill. Double box stitched. Snug-fit, elasticized skirt. SPECIAL! 2.88 3.88 twin full • »„. f IMMMMMMMMMMMMMMMM KRAZY NOTIONS SPECIAL 1 ; BE SURE TO SHOP THESE OUTSTANDING BUYS WHICH INCLUDE PLASTIC PAILS, PLASTIC ' CLOTHES BASKETS, SHOE RACKS, IRONING BOARD COVERS, SUIT BAGS, GLASS WARE, PILLOWS AND MANY MANY MORE TOO NUMEROUS TO MENTION! FOR WOMEN FOR GIRLS CANTRECE HOSE 3 for 2.22 SEAMLESS HOSE 3 for 1.00 TEXTURED HOSE 22c COIN PURSE 50c SUMMER PURSES ... 1.33 SKIRTS 2,99 BATHING SUITS 3.88 TERRY SLIPOVERS 1.33 JAMAICA SETS 1.99 WOOL SKIRTS 2.50 BLOUSES 1.77 SLACK SETS 2.99 2 COATS 9.88 PRESSES 2.00 up TURTLE NECK BLOUSES 2.44 SLACK SETS lie KNIT SHIRTS 50c KNIT SHORTS 50c SLEEVELESS TOPS 99c SCHOOL BLOUSES 1.33 WOOL SKIRTS 1.99 KNIT TOPS 1.33 KNIT SLACKS 1.33 SWEATERS 1.33 FOR INFANTS SUN SUITS 66c KNIT SHORTS 66c TODDLER SHIRTS 99c PLAY SUITS 1.33 ACRYLIC SHORT SETS 1.99 KNIT POLOS 66c SUMMER P. J.s 99c FOR MEN SPORT SHIRTS 1,33 WHITE DRESS SHIRTS 1.33 DRESS SLACKS 3.99 SWIM SUITS 99c WALKING SHORTS 1.99 STRAW CAPS 50c STRAW HATS 50c SCHOOL PANTS 1.99 KNIT BRIEFS 2 for LOO CHAMBRAY SHIRTS 1.22 WESTERN JEANS 2 for 3.00 FOR BOYS SCHOOL PANTS 1.50 SCHOOL SHIRTS 1,11 KNIT SHIRTS 1,33 WALKING SHORTS 99c DENIM JEANS — 642 1,00

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