The Algona Upper Des Moines from Algona, Iowa on September 15, 1966 · Page 8
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The Algona Upper Des Moines from Algona, Iowa · Page 8

Algona, Iowa
Issue Date:
Thursday, September 15, 1966
Page 8
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FROM THE ATTIC.. ... TO THE VAULT (Your Hobby - And Your Neighbor'*) 8-Algona (la.) Upper D«t Moin«i Thursday, Sept. 15, 1966 A It IIUOI By Dick Palmer A candidate for Congress recently discussed locally the rising Interest rate with emphasis on its impact on those who borrow In order to attend school. It should be noted that a substantial number of such loans come from college loan funds and various government loan programs. In many cases, the loan interest does not start until graduation and, even then, the interest rate is nominal. The bulk of these loans are outside of the bank interest rate which, incidentally, is largely set by the Federal Reserve Board and not the administration. The Board follows a relatively independent policy which the Treasury may or may not agree with. The suggestion of a tax credit for school expense has frequently been made. Certainly a tax credit would be preferable to a deduction but the major defect still remains. Such a program would be of little value to those who really need it most. Those with the most limited resources pay the least in the form of Federal income tax. Consequently, a tax credit would be of no assistance to them. The best answer to the problem, I submit, is a greater degree of general tax support from state and Federal governments to the universities plus building and equipment grants to private institutions so that a lesser degree of the capital and operating costs need be carried by tuition. Inflation is a very complex problem. A simplified causual analysis is trickery. The Administration is partly to blame and so is the Congress. So are management and labor. And so is the consuming public. In our affluent society, necessities are really rather limited and, for many of those, there are alternate choices. Demand contributes to inflation and can curb it as well. This rather powerful weapon still remains largely unused. If you don't like price increase, don't buy. If enough consumers don't buy, the price level will drop. We see this all the time in the hobby market and the application is general. Collector resistance has been a major factor in recent declines in crowns, proofs, and various U. S. coin series. ' - o - I recently enjoyed looking thru an old time collection mounted in an International Album for 1943. I say old time because most collectors then collected stamps not gum so everything was hinged. With the present odd THURS. Thru SAT. SEPTEMBER 15-16-17 ALGONA w/smmtm ,,AWPONH SUN. Thru WED. SEPTEMBER 18 - 19 20 - 21 ALGONA If we toM you THE MIRISCH CORPORATION Presents / '. t »NCIBMANIIWISON PHODgdlON " CARL REINER EVA MARIE SAINT ALAN ARKIN BRIAN KEITH JONATHAN WINTERS THEODORE BIKEl I null Pnilnl *c«iwu» u MWUCM MO omuun R> «PAULFOHD| WILLIAM ROSE NORMAN JEWISON wuJOHNNY MANDEl • COLOR BY DUUtt • PWVISIOI •W UNITED ARTISTS CONTINUOUS SHOWS SUNDAY - 1:30 NIQHTS - 7 and 9i30 "GOLDEN ARROW" KIDDIE MATINEE SATURDAY AT THE ALGONA THEATRE Bureau Meeting Swea City, 22nd E. O. Johnston, assistant general manager of FS Service, Inc., in charge of production, will be guest speaker at the Kossuth County Farm Bureau annual meeting being held at the Swea City High School, beginning with a 7:00 p. m. dinner on Thursday, Sept. 22. E. 0., as he is known to every- one, is a native of Pike County, Illinois, and is a graduate of the University of Illinois. His experience includes nine years in operating a 200-acre farm and 11 years as farm advisor in Piatt county. THURSDAY thru SATURDAY"Lady L" - 7:00-9:04. • SATURDAY MATINEE "Golden Arrow" -1:30. SUNDAY- "The Russians Are Coming" - 1:30 - 4:11 - 6:529:33. MONDAY thru WEDNESDAY"The Russians Are Coming" 7:00-9:41. In 1946, Mr. Johnston joined to the Farm Bureaii Service Co. FS (then Illinois Farm Supply of Iowa as its general manager .Co.) and four years later, wentj__in 1950. SPECIAL KIDDIES MATINEE SAT., SEPT. 17 1:30 P.M. ALGONA M-G-M - THURSDAY FRI.. SAT. - SUN. SEPT; is - u -17. n StARLItE 'Itilt llnnliT nulriili' u mnnif ll\ina riir/icf. ninl ici//i ri minicfr* IH-rfnriiiinu viililnt nrroic id /i/.i /io.«.>«'.«.«i<>/l. li'iltln nil nr»»I.V lit riVtory in inn 1 «f lln- .i/icrtrir/r *r<'in'x it/ "Tl»e (iiilileii .-lrr«w." Tin 1 in-ii Wi'trn-Cnliliryti-Miiyt'r rrlrnxi 1 , Jilntril in color on liiriitiniHt in /•„'#»•;>>. fi'niiiri'n imi< fiixriiintinit iiliirfi'l after tlic iif/irr in ii* lulri'tiliiri'-Jlllt'tl nliiry <if nn nnrh'iit-tlny Dnninsctm. Tin- lii'iintiful Iliiliini nrtrt'** Hii**nti<t 1'inli'Hln fii-nlnrn. stress on pristine gum, this is why older stamps are so difficult to find In that condition. This was a general collection so nearly every area was represented. It was fun going thru it. It also reminds me of a few cautions, however, that need to be taken by those currently using printed albums. Unless there Is some form of Interleaf protection, the stamps will catch to each other with some damage often resulting. There is also danger on larger stamps on the Inside page margin getting creased. Altho it is tempting to see how many spaces can be correctly filled on each page, it is best to avoid temptation and restrict the number of stamps mounted. The pages are usually too crowded anyway for attractive showing. If fairly valuable sets and common varieties are mixed, leave the common out. They usually aren't particularly attractive anyway and why risk,a dollar stamp in contact with a waste basket variety. With so much available, a collector can be more selective. This collector fortunately used peelable hinges and was easy on the spit so, the, percent of stamps stuck, ,, to the'page was smaller than is often found. It is " also best not to include thins or other damaged material unless such is marked. If a dealer finds many of these, then he feels that he must examine each stamp and this, in turn, will reduce the value of the collection. His time is worth money and so is that of his help. The common material and the album, itself, never figure into the value. Often, just as much can be realized by removing the better singles and sets and offering them for sale. This is what the dealer is looking for anyway. U. S. stamp values are quite firmly established but foreign are quite variable as so much depends on the popularity of the moment and so many dealers now specialize in a few areas. I don't know how my estimated value will relate to what the gentleman may have spent on his collection but some of the material certainly will show a profit. - o - I checked at one of the banks shortly after the end of the $2 bill was announced. Right 1 They were all gone. The unwanted becomes wvuited when you no longer can have it. Land Bank Session Seven representatives of the Federal Land Bank Association at Algona attended a regional conference for directors and managers, September 1, at Storm Lake, Iowa. Attending from the Algona Association were Hugh Black, Algona, president; Douglas Wildin, Algona; Robert Deal, Algona; Leander Menke, Swea City; Marvin Junkermeier, VoniqM x^ataX.Ti af<$ you can make a 3-minute station call to anywhere in the U. S. (except Alaska and Hawaii) for $1.00 or less, plus tax. Same low rates in effect all day Sunday. Pick up the phone and enjoy a Long Distance chat! -^ Northwestern Bell (A) Elmore, Minnesota; and Field Assistant Keith Hopp, Forest City, and Manager E. H. Hutchins. Falls Asleep An auto driven by Thomas L. Arnclorfer, 18, Corwith, sustained an estimated $350 damage when it slammed into a ditch a mile south of Wesley along a blacktop road at 12:40 a.m. Sunday. Arndorfer told Patrolman.; Charles Bird,.who investigated, ; that he fell asleep at the wheel' of the vehicle, which was headed south. It went Into the east ditch. DIRECT FROM ITS RESERVED SEAT ENGAGEMENTS! FIRST TIME AT POPULAR PRICES! Warner Bros: super action show of shows! BATTLI nn-in WIWIAW ws mm mmm m- TAB HUNTER PODESTA fiX STORMOR DOES MORE "NO HARVEST SLOWDOWN WITH SORRY I NOBUCKNITE! Thursday, September 15 DRY-0-MATION" Even the fastest picker-sheller or combine can't match the appetite of a STORMOR Dry-0-Mation Bin! When used as a batch Dryer a single 36-foot STORMOR Dry-0-Mation Bin can handle up to 5,000 bushels per day. Dry-0-Mation combines highest quality steel bins with perforated steel drying floors, powerful fans and automatically controlled heat units. Don't put up with harvest slowdowns. Today, let us show you hov* easy it is to upgrade your grain drying, storage and handling operation with efficient STORMOR equipment. KYLE KEITH - Algona Representing STOCKDALE'S of Iowa Falls TORMOR Uty-O-Mation • Batch Dryers > New Speed Tanks • Cribs • Oxygen-Free Storage ' Bulk Feed Bins Why Wait For A 1967 S-year/SO^OO-mile warranty? ^^ ;' —, •-•-.. , ^^^ •.!'- ...' .. i.?- . ,..«. . „..<•' 1 ,000-mile warranty now j ^p I^^^^^^^^^^^^^M on a 1966 Plymouth, Dodge, Chrysler, Imperial. Take adnntage olHg MMhttoMdaljear savings. There's still a great selection of 1966 Chrysler Corporation-built cars waiting for you at your dealer's. A wide choice of colors and models and options. At big end-of-year savings. And they're equipped with a 5-year or 50,000- mile power train warranty. Right now! The repairs or replacements this warranty covers are made without charge—ports and labor. And because it's transferable from owner to owner, it can mean more money for you when you trade. Since the fall of 1962 Chrysler Corporation- built cars have carried a 5/50 warranty. There are nearly S million of these cars on the road today, proving with every mile that Chrysler Corporation really knows how to stand behind a warranty. How could Chrysler pioneer the 5/50 war- i how Chryflcr C*rpor.tton'i S-y«*r/W,000<mnt Mfliw nri drto tnln tnmnty pretests ywti ChryiUr Corporation warrtnU fat 5 ye»r» or 50,000 miles, whichever comet first, ig«ln»t defect* In mittrlili end workmenihip end will re piece or repair at a Chrysler Motor* Corporation Authorized Dealer's piece of bu«in«M, without charge for required parti and labor, the engine block, head and In* t«rnal parts, inUke manifold, water pump, tranimlMion cat* and Internal parts (excluding manual clutch), torque converter, drive shaft, universal joints, rear axle and differential, and rear wheel bearings of Its 1966 automobiles, provided the owner has the engine oil changed every 3 months or 4,000 rnUes, whichever comes first, the ofl filter replaced every second oil change and the carburetor air filter cleaned every 6 month* and replaced every 2 years, and every 6 months furnishes to such a dealer evidence of performance of the required and requests the dealer to certify (1) receipt of such evidence and (2) the car's then current mileage. ranty so many years before any other Ameri- ican car manufacturer? Because the quality built into every Chrysler Corporation car didn't just happen. Engineering leadership was the basis for the first 5/50 warranty ... and continues to be the basis for the greatness of every Plymouth, Dodge, Chrysler and Imperial See your dealer . . . and see his 1966 selection. You'll save money now and for years to come. Plymouth • Dodge • Chrysler « Imperial CHRYSLER CORPORATION PERCIVAL MOTORS DODGE-CHRYSLER ALGONA KEN'S AUTO SERVICE PLYMOUTH-VALIANT ALGONA

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