Kossuth County Advance from Algona, Iowa on September 12, 1966 · Page 2
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Kossuth County Advance from Algona, Iowa · Page 2

Algona, Iowa
Issue Date:
Monday, September 12, 1966
Page 2
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(Iowa) ADVANCE MONDAY, SEPT. 't5, fcy THOMAS 1.0-HAftA Ch»lrm»B, Betrd of Tfu»i»M •N*t?6tt«t A««ocl««!on of tiWMtmtnt Club* fc Question: 1 am a widower, ..51, With ah 11 year old son, 1 earn $6,000 a year. 1 have a littla in savings, a 7ew bonds and a $5,000 01 insurance policy converted to'an endowment which matures this year. SubttantH businessmen with whom 1 have talked suggast that I take a certain amount of the insurance money and .invest it .in a good mutual fund, also that I regularly invest about $25 a month in the same fund, with an eye [toward growth and future dividends — both for myself and to h'elp put my son ( through col lege. What are your vieWs? Answer: You have receivec sound advice. Sinca you see-n to have good advisors, yoti mighi! also consider putting part of th 1 money directly into the share; of a coaple of our large an, well-known corporations whicl these 'days are selling at' quite low prices in relation to thei. pctantial value. Such stock should prove to ba very fine in vestments for you over a psrioc of years. With" tne $25 a miotith ya fchinK you can invest regular yq migftt open a Monthly 'ItwefrJ' ment Plan with your broker. putting this money directly i,: the shares of a growth Company. Your a'dvisdrs can proSably helj you in the selection of goo: stocks. Or you can ask the manager of the bank where you do business to put you in touch with someone in the trust de partment who can give, you ad vice; your broker also should be helpful. In addition, I suggest you or gariize an investment club with a group of friends. This wil help you gain general know ledge in investing. . Your smal 'monithly investment in, such j club should grow; at- the same time yoj will find that the monthly club discussions, will add greatly to your undefotand- ing and knowledge of investing. Questitfrt: I am a 66 year Old' semi-rstired widow.'I'enclose my portfolio, wlTlch-1 wcrritl like yon- to review and advise me as to which 'stocks I should hold ariid which ones 1 should sell. My objective is income and capital gains. Answer: Making a meaning- ul review of a : 'portfolio can be luita. expansive, espeplally when he securities held are ones; with vhich one is not already famil- ai- arid I am n6t in a po-ition o do this for youi I siiggcot that 'yojii' talk with in officer at your bafik. Hs may Iu6ry his trust, departmejriit or .•efer you to an 'jexpen'eriCed broker who "will giv6 you detail' id information on your seeur ' ' ' ' . _.... ... If you. v want to .begin ;to. de- /elop your own skills arid ju'dg- nen.t in assessing the value pi lecurHies, you miffht. like ,to O'D lain a .copy ,df N AIC's In'vest- n*eiit Club Manual and apply the principles it outlines to your own ^securities. Question: In your opinion what is the 'best m'uttlal fund in v^Hich to iriVes't? I would like one I can get out of when I want without taking a big loss on comiriis sioris. Can mutual fund shares be bought from a" broker such is Merrill Lynch? Answer: I am sorry but it is our policy to not give advice on Faulsiich oE'Des KenneM mirt. Kck oef, Arta1ri6sa, was rbofftSmefi'Were Stav- Srt BehrerittS 'ofvMont'^ello, couS-' in of the groom. Alter a wedding trip to the Black Hills, the newlyweds will make their home at 1105 Sifcifford in Ames. Mrs. Edwards is a' graduate of JskC'ba CoWolidated school Jnd an August ;graduate ; of., Iowa liitheran , hb^pital school of nursing. She is employed at Mary Greoley hospital in Ames, ler husbfa'na is a senior at Iowa :>tate university. New are named for KossuthOEO The newly elaeted Advisor^ Board for the Office of Economic Opportunity met .Saturday in the Court House.jOffi- osrs were elsctsd .chair- Joosph Etraub, Asona, .car- man; Harry -Naffzigef,; LtiWfne, VicSj Mrs; Roseau , WhmfmSrc, sda. this is th* ad- nlHlfstratiVe 1 c-XWrnittfe &r the Jounty Poverty Kossuth county's delegates ID the Upper Des Moines Opportunity, Iftc. Beard &t Directors were also elected. They are. Ed Elb*rt, Whitte'mo^, MR .freV' nice Heneman, . Swea City, Mrs. Rose Ann Mondragon, more, and Joseph Straub, Al' gona. These four work ift the- Btt* ministration Of the four-cbMy agency, with dffiCeS in burg. '- . Membsrs of r Ko3suth*s, c6Un% board are Mrs. Kenneth Heheman, Swea City; Oliver S. Oarl son, Algona Mrs; Rosemary DM- ding, ftancrbft; Ed Elb J ert f . .^IWt- tenfe; Mrs^ OrlfenV ttihrlMseli Swea City; Ted Hoover, Jr., Ti tonka; Rev. Robert Loreni, Algona; Steve McCall,, Algona; Vincent Meyer, Bancroft; Mrs. Rose Ann Mondragon, Whittemore; Harold Momtag, West Bend; Harry Naffiiger, Lii- Verne; Mrs. Martha Nemmers Baincroft; Lawrence Bode; Josop'h Straub, Schiltz Algona TlidfesoiV, Swea City. Pet2r Hart explSij Start projects. for . , A survey is baang conducted Ktfssutti to identify 1 We needs of-ths county, It docuntettt atiy future also -project that committee might dsvelop: VOTE NOV. 6th Paid Political Ad MAY-FEVE SINUSJ«ff«rer$ H.rV •' ,ood r.w for yo«l E*Ai»W «Wr "*** *««" SYNA- ClEAfc D«ono«t<int »abU«s «» in.fanlh; ond cont!nuoy,ly fo drain ond cl.ar all naiol-ifnM iavttt.i, One "hard cof«" MbM alvM up fo 8 howr»,fnli«tfro* Pdln and Pf«f«r».of eonoeiHon. Allow! you fo Breath. .aiily-.Joprwdf.ry ^»? a ^™ n ^; YoU eon Buy SYHA-CIEAR of your favorife drufl counter, without nted for a prwerlptlon. Sallifaetlon guaranfwd by matter. Try If todoy« ' n •' • '• . L •» * • > INTRODUCTORY OFFER WORTH $1.50 HONSBRUCH DRUG - ALGONA Lakota girl is married stock or mutual h'owever, that if your objective is to sell out fre- you should not consider any special fund. , I will say. a mutual fund. Commissions are high, ranging up to 8% percent. You should invest in a mutual fund only v; if you ; haye thejlohg haul in mind, say 10' years or longer, to hold your investment.: Yes, mutual funds shares can beV bought/ through. ,Merrill Lynch, Pierce, Fenner and Smith,— or almost any other brokerage house. In addition, there are firms that specialize exclusively in the sale of mutual funds stocks; and you can buy your, shares directly from the; fund's home office. You're likely to find that the commissions are the same in all cases.. Lakota — First Presbyterian church at Lakota was the setting Aug. 28 for the wedding of Donr na Marie Paulsen and Gary Lee Edwards. The-Rev. John Reiners officiated in the afternoon double ring ceremony .The bride is the daughter of Mr. and Mrs. Elmer Paulsen of Lakota. .Mr. and Mrs. Junior Edwards of Anamosa are parents of the groom. Some 250 guests attended the reception in the church parlors Barbara Robinson of Bussey, was maid of honor arid bridesmaids were Linda Edwards, sister of the groom and Louise • I ->• !! ' • DEMONSTRATION OF NEW ' LP..-. GAS We will hold a public auction on the Larson-J ohnson farm located 4 miles east of 169 & 18 unction at Alqona f to the Drive-in Theater carrier then l!/2 miles south, on 1:00 P.M. 1:00 P.M. SEPT. 17 •i*: 15 i: ii Is 1 CALL OUR OFFICE - 296-2484 OR OALL ROGER NOOVER NORTH CENTRAL PUBLIC SERVICE CO 10 EAST STATE STREET-ALMNA MACHINERY 2 H Farrnolls, one with real good tires. 2-row cultivator for H. Chains for H. 36 ft. almost new Lindsay wide type grain elevator with PTO and truck hopper. McD. 8 ft. grain binder, good canvas. McD. 2-row mounted planter. IHC ehdgate seeder. Woods Bros, single row picker. J.D. 2 bottom 14 in. plow on rubber. M.M. manure spreader. M.M. 11 ft. disc. Coats stalk cutter. Sears farm trailer with good straight wood box. .. . -'" : '••••'•*;. : •''»-'• %'>*•„.,' Farm trailer with straight wood box. Farm trailer with hay rack. J.D. hand corn shelter. 11 ft. spring tooth. J.D. cylinder corn shelter. O.K. ensilage cutter. McD. 6 ft. horse drawn mower* Cob tank heater. Some used lumber. 4-S Cream separator. ., ,-. v .,..••••. J '•••.100 gallon gas barrel. Some woven wire and some barb wire. Lots of good too is, etc. '' ' HOUSIHOLD GOODS Real good G.E. refrigerator with full width compartment, Lazy Susan shelves 1951 4-door Hudson car, 12,000 actual miles, real clean and sharp. Avery 28 in. threshing machine. MISCELLANEOUS Cement mixer. Buzz taw. Power lawn mower, Dump rake. Potato plow. Steel road grader, Rubber tired wheel barrow, 2 Deering corn binders. 12 cu. ft. Coldspot chest-type deep freeze, i.«... • • * * • * . like new. Maytag '6 cu. ft. chest-type deep freeze. Maytag gas cook stove. 1 good coal cook stove and 1 old cook stove. Good Maytag washing machine. Copper boiler. Large white Perfection kerosene cook stove. Real good light gray kitchen table and 4 chairs, like new. Kenrnore natural gas space heater, like new. Kerosene space heater. Hardwood dining room table, 6 chairs and buffet. Green studio couch. 3 piece living room suite. Writing desk. Library table. Several good chairs. Good wooden bedroom suite, complete, bed, dresser and chest of drawers. Wood bed, complete. 2 steel beds, complete. 3 good hardwood dressers. 2 steel clothes closets. Cedar Chest. Large clothes chest. Many cooking utensiU, dishes, blankets, I M «! *"J! ffWJf**l '*«•"$ too numerous to mention and tome antiques. TERMS: Cosh, or moke arrangements with clerk before tale. No property to be til settled for, Not reYponsiblt for accidtnt. should; m/o&u . JAMES ANDREASEN, Conjervalor lor un- JOHNSON !^ AUCTIONIIRS; Quinn ond Utk > >» CtIRK; Rtd Modify Igrt, | 0 wo

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