HomeMy WebLinkAboutThe Citizen, 1988-05-25, Page 2PAGE 2. THE CITIZEN, WEDNESDAY, MAY 25, 1988.
Local stock market wizards [from left] Katrina Somers, Tara Parker, Donald Hastings and Scott Stobo
have won $500 for their excellent showing In the Stock Market Game. The F.E. Madill team was both a
national and regional winner, under the direction of business finance teacher Bob Gavreluk, at back. -
Photo by Wingham Advance-Times.
Brussels
People
Compiled by Marilyn Higgins
Call887-6754
Congratulations to Bob and
Laura Bridge on the birth of their
new daughter, a wee sister for
Amy.
Congratulations to Tara Parker,
Katrina Somers and Donald Hast
ings on their winning of the
Huntley McKay Award and $600.
George Lavery and Richard
Lindberg hosted an 80th birthday
party for Mr. Ian Lavery on
Sunday, May 15. Helping him
celebrate were his wife Irene, his
daughters Marjorie, PatandMary,
several of his grandchildren, and
his great-grandchildren, Jeffrey,
Jennifer, Christopher, Ashley and
Scott.
Mr. and Mrs. Michael Pershaw
and children, Samantha, Jeremy
and Benjamin of Ottawa were
weekend holiday visitors with her
grandmother, Mrs. R. W. Kenne
dy.
Brussels student does
environmental testing
Brussels students make
Rose Marks, a Brussels native,
is working with the Perth District
Health Unit to help solve pollution
problems this summer.
The student of geography at
Wilfred Laurier University has
been hiredby the Health Unitto
conduct inspections for a survey to
find sources of pollution into the
large Nichol Drain in Elma and
Wallace townships in the area near
the junctions of highway’s 23 and
86.
The study, begun last year,
shows that of 22 premises visited
eight were discharging wastes
somewhere other than their septic
tank system. In seven cases
laundry and kitchen sink water was
reaching the drain and in one
sewage from a septic tank was
involved.
Paul Ross, director of public
health inspectors for the area said
that residents may be inadvertent
ly polluting in instances where
laundry water is getting into floor
drains which may be connected to
municipal drains.
money in playing the markets
BRUSSELS UNITED CHURCH
King Street
MINISTER: REVERENDCHARLESCARPENTIER
Three Brussels-area students
and their Teeswater partner have
made a killing on the stock market,
and will be recognized for their feat
at a gala dinner on Friday.
Well, maybe not a killing,
exactly - but they did well. And
they will be getting $500 in prize
money for placing ninth in the
nation and second in the region in
the hot new Stock Market Game
that is sweeping the country.
The four F.E. Madill Secondary
School students, Tara Parker and
Don Hastings of Brussels and
Katrina Somers of RR 2, Blyth,
along with Scott Stobo of Tees
water will be presented with their
cheque at a banquet at Sir Wilfred
Laurier University in Waterloo on
May 27, where they will meet other
regional and national winners, as
well as having a chance to speak to
some real stockbrokers first hand.
Huntly McKay, founder of the
Stock Market Game and a vice-
president of the Toronto Stock
Exchange, died a year ago.
However, he left a fund from which
awards are to be given annually to
the top ten teams playing the game
in Canada, and who compete in a
manner which embodies the ideals
and the spirit of the game.
Some l,600teamsofGrade 12
Guild hears of smoking hazards
The Guild of Melville Presbyter
ian Church met on May 17 in the
church parlour. Isobel Gibson
opened the meeting with prayer.
The hymn, ‘‘Abide with Me” was
then sung.
The members were pleased to
hear the speech by Sherry Huether
that she had given at school. It was
on “Smoking” and she had good
points on the harm done by this
habit. Isobel Gibson read a poem
on “Spring”.
The scripture lesson was read in
unison. It was Exodus 9. Isobel
read about Moses and the faith and
trust in the Lord that he taught the
people. Helen Elliott, in the
absence of Mary Huether, read
another selection based on the
same topic.
The hymn, “The day Thou
gavest Lord is ended”, was sung.
The mizpahbenedictionwas re
peated, bringing the devotions to a
close.
Jean Bewley presided for the
business. Eluned McNair gave the
secretary’s report and correspon
dence. Jean Ireland gave the
treasurer’s report. The president
business finance students from
nine regions of Canada competed
in the game this year, with seven of
those teams from F.E. Madill.
However, the firm of Parker,
Hastings, Somers and Stobo man
aged to do the best job with its
$100,000 in imaginary investment
funds.
The purpose of the game is to
increase the investment as much as
possible from February to April,
playing the real market with their
imaginary cash.
Each four-member team invests
in stocks over the Toronto Stock
Exchange, with trades sent daily
by computer to Sir Wilfred Laurier;
the results are sent back to each
school the next day. Weekly
updates of portfolio positions of the
stocks and their value are also sent
to each team.
Teacher Bob Gavreluk provided
guidance for the Madill team, and
helped them through the hard
times when a bad trade left them all
discouraged. And while they made
a few bad trades, Mr. Gavreluk
said that their overall perserver-
ence paid off, especially with a
penny stock named “Sherr Gold,”
where the winning firm bought
33,000 shares at $1.40 each and
sold later at $2.65, for a net gain of
$41,250.
The winning national team
receives a $500 award and a school
trophy, with a $1,000 scholarship
going to the top individual on the
team. Regional winners get cash
prizes as well, along with a school
trophy.
Mr. Gavreluk says he is not sure
what Parker, Hastings, Somers
and Stobo plan to do with their
winnings, but he says he thinks it
wouldbea good opportunity for
them to start their own stock
market portfolio - this time with
real money.
To sweeten the pot, Mr. Gavre
luk promised to contribute $100 of
his own money if the team did well -
and this time it’s money he’s glad
to “lose” on the TSE.
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Jean, explained about the tax on
Lions suppers. Plans were made
for lunch for the Presbytery which
will meet in the church on May 24.
The final arrangements were made
for the Maytime supper on May 25.
Gravel tenders
awarded
George Radford Construction of
Blyth was the successful bidder on
a gravel contract for the Townships
of Morris and Turnberry.
The company will supply, load
and haul 25,000 cubic yards of pit
run “B” gravel for the boundary
roadbetweenthetwotownships, at
a price of $2.80 per cubic yard,
subject to MTC approval.
At the same time, Lloyd Jacklin
of RR 1, Listowel, was the
successful bidder under similar
terms for 10,000 yards of pit run
“B” gravel for Morris Twp., at a
price of $2.21 per yard, subject to
approval.
Both contracts were awarded at
the regular meeting of Morris Twp:
council on May 3.
■ i i i a a a a a a a a a a a a a a a
ft.
$25. Gift Certificate
from
Lawrie Decorating
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