The Wingham Advance-Times, 1973-08-02, Page 20•
"NO 4.4tVoinsds
lintea for a it summer
day. Columnist Rich4rd Need -
Um, Inotlern CaSsandra w -ho is
swot happier than when he is
ath disaster,. prophesies with
some,glee the wiping 00 of the
American dollar* and with it the
anadiun, Allowing to inflatien. He
says to put your motley in 4 SWIR;
blAkz. SWISS fralRe$,,
,quesquft:4 what money?
ause of that same inflation
he% talkingabout, ninety per
cent of Canadians are lucky to
titalte ends Meet, let alone have
anything to invest.
Needham also says he doesn't
I3iii Smiley
people's capitalism
believe in stocks and boncis• Nor
do L When I was young and
foolish, just out of ,the service,
and bad a couple of thousand
doliars in back pay, 1 was twice
bitten. Now I'm thrice shy.
Both "Ittivestments" were
based on red hot tips. One
thouSand shares of a real dog
called AnsleY. a ("gold mine"
'which turned out. to 4.- moose
pastnre. It ,rose three cents hi a
week; and I was counting my
paper money and congratulating
myself on my shrewdnesS.
Seriously cOnsidered becoming a
speculator and getting rich fast.
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Anywhere in Ontario
.On
RESIDENTIAL, COMMERCIAL, INDUSTRIAL
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For Representatives in 'our Area
Phone
SAFEWAY INVESTMENTS AND
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(519) 744-6$35 Collect
Head Office..56 Weber St. E.„ Kitchener, Ont.
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•
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IV
In two WeYeks Ansley was down to
n cents. In two months it was cuff
the beafl, as we wieder-dealers
say.
But the second tip was too good
to pass up. Ilt came from a friend
who was not only an ex -POW and
therefore to be trusted, but a
stock -broker and therefore el, the
inside. He was sink every
nickel he could raise into Eld-
ridge, another gold stock.
There really was a mine this
time. So 1 went for 1,000 shares at
33 cents. Like the other, this stock
immediately went up a few cents,.
ne doubt due tt heavy plungers
like the. Then it began to slide,
slowly and gracefully.
When it was close to bottom,
there was an announcement N
shareholders, of a reorganization
of the Company. It would now be
called Elder and we would get
one share of Elder for each eight
shares of Eldridge we possessed.
This was a little disapPointing,
but it was better than a goose
egg. Each year came glowing
company reports of the great
future for the stock. The reports
were all we got.
Then came another an-
nouncement. Elder was going to
amalgamate with Peel and the
outlook was roses all the way.
Again there was a juggling of
shares. I wound up. with 12
shares. Not bad when I started
out with a mere 1,000.
But hold: Peel-Edler actually
did stagger through and is now a
respectable stock, if the term is
not automatically contradictory.
MY 12 shares are now worth
alorndst as much as the original
1,000. In 25 years am' down only
about $40. Except for that 1,000
shares of Ansley, Which I've
Written( off to experience. That's
prety dang ept financial
career, if you‘ aslc- me, You
thought this story was going, to
have a sad ending, didn't you?
This all seems, to have very
little bearing on anything, but it
.dKs. iiiirhen the Smiley* finally
decide to go to England. the
dollar is steadily slipping, and
prices in Europe are rapidly
increasing. Rest, the trip costs
a lot more than we figured on.
Somehow, there is a parallel
there Co my career in the stock
market. •
"Why does anybody want to
travel, anyway", groaned nty
wife, as she contemplated the
hprrars of getting ready. "I'd
much rather stay at home."
Her trouble is that she's a
woman. I could throw a sweater,
shirts, socks and underwear in a
bag and be off, without a back,
.ward look. She says, "But the
house is filthy," and goes into an
orgy of , vacuuming and scrub-
bing. The place looked all right to
me.
"What am I going to 'wear?
What shall we do with the cat?
How can I be ready in time? What
if it rains all the time? Who's
going to mow the lawn?" And on
and on.
1 answer : "Just wear your
swim suit. Then, if it rains, you'll
be all set. You wouldn't be ready
in time for your own funeral, and
you wouldn't know what to wear.
We'll put the eat on the back lawn
and she can graze it, like a
sheep." Like any wife, shetruly
appreciates understanding and k_
hei:iowlplikeveethis
However,
all these things can
be ironed out. It's the financial
aspect that's bad. After:spending
a small fortune getting ready to
go, I think we have enough left .1W
a one-way ticket;
We'll get home somehow. I
have a ,rich niece in England. ,If
she doesn't kick through with the
home fares (and- I think she
would, with alacrity, after we'd
visited her for a few weeks) we
might have to swim.•
should have •stayed in. the
stock market and bled to death
slowly, with. dignity.
..................
Westinghouse
REFRIGERATOR
-15 Co. Ft. of ;Mb', Spam"
Cantiliver shelves let you acIlust the
interior to suit, your storage needs
xtra cold 7.day meat keeper
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..-.Botter condifioner can be set for
hard, medium, soft
' • -
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•
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i
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• mower
e
rteatirP8you'd-expect POYlot
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f
0' •
e-ectrio staril1040rjust$49.96*
rugged bodyframe'
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See it r)°YN at your nearest Torodeate•
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PARTS: gig SERVICE AVAILABLE
46 •
Sports Division
OUR LOCATION •SAVES YOU MONEY
• RR2, ustoweL —2914810
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frlints rifles isrvies
IlsotftsWo81,44.2315
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Copy for Crossroads Classi-
0,4w,
fieds must be receiv0,by 6 p.m Wanted
Wednesday of week prior to pub- _LL
ForSale
• MOBILE HOMES by Marlette of
Stratfor& Two quality built
models with popular expandos
for spacious living on " display.
• Mapleview Mobile Homes, BB 2,
• Listowel, 1/4 mile south of Trow4
bridge. rrAug30
RELOADING SUPPLIES, print:-
ers, powder, bullets\)and reload-
ing tbols. Kent AnkenMan, ode
mile north of Kurtzville on the
Ruron-Perth Boundary. Phone
335-386%
INCREASE . your grass yields
and replace plant foods taken out
lv good hay crops with proper
fertilizer application. Take -ad-
vantage of our special cash
price. Steckley Fertilizer and
Farm Supplies, Millbank, 595-
895A or 595-4707.
• Sept.20
ORANGE ELECTRIC Fence
Wire made of poly and stainless
steel, does not kink, easy to use,
only hand tension required.
Stocked at most country hard-
ware stores and feed mills. De-
tails Langside Distributors, Luck -
now, Ontario. 26-2123
STARCRAFT CAMPERS, Glen-
dale Travel Trailers, Aero Lei-
sure pick-up cabs. Sales -Rental -
Service. Propane tank refills.
Full line of Primus propane
equipment and trailer acces-
sories. Now at Jewell 'Trailer
Sales, Highway 86, three miles
east of Listowel. Phone 291-1158.
INIGSKILDE
EXETER, ONT. 2354640
"TILLAGE SPECIALSTS"
THE AMAZING NEW
TRIPLE "OK" KORN KING
-Adiusts to 14", U" or 1II" furrows
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—Tested and proven right here in western Ontario
ent ram Equioniont Ltd.
Sooforth, S114274 t20
LKL1
Stratford FAIrin rouipment
StroffOrd, $1,403.4162
Mgdovin,4 Form equipment
, Slt-327-024S
S10.61,414S)
° S. Martin Ltd.
Wollenttoin SIO41141111 or 411,411,4
YOUNG COUPLE require - old
furniture. We. have recently
purchaseda very large, old home
and are seeking large,. old
wooden furniture to' help fill it.
Particularly interested in a huge
chest at least four feet wide with -
several drawers suitable for ,
storage. If you have some old
furniture not in use, please call' •
Wingham 357-1276 after 6 p.m.
19-26-2
Mistelia-neous
BIG 1 RANCH, RR 3, Listowel;
horse boarded, rented and
riding instructions given. Phone
291-1884. 26-2
HERE IT IS farmers, at your
country hardware and feed mill,
new bright polypropylene milk
pails that withstand boiling
water.
—Also a white super dairy
brush at low cost.
• —A rough and tumble heavy
•galvanized water pail you asked
for.
—Along with calibrated pails
for calf feeding andinflations for
Viking and Gascoigne milkers.
LANGSIDE DISTRIBUTORS
Lucknow, Ontario
26-2-23
•
Westinghouse Westinghouse
• FREEZER
ILI) .4„ ;gokewhiliYOVI
PUY 00 PT I ost plentiful
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now - - when • Westinghd'use
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• NGE 4For all the use you:vvill
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Made thisthe matt popular ensive appliance' in
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• Freezers are on special. ross the 'catinfrY- •.‘ • -• while the 'Price, is right. •
Y.
•
GUNS BOUGHT, sold and re -
Paired. ABC Sporting Goods, B:
Jenkins, Minnie Street, Wing -
ham. rrpMar
WEBER'S SEWAGE
DISPOSAL SERVICE
Modern equipment used. We •
pump septic tanks, cespools,
etc. All work guaranteed. Call or
write Lloyd Weber 887-6700,
Brussels.
rrb'
Livestock For Sale
BULLS
FOR SALE — 60 CHAROLAIS
Prom Angus, Hereford
Shorthorn
3/4, %, 15-16 Cross to PureBred
from some of the top
Charolais Blood Lines.
Priced Frain $500.
WATCIIA CHAROLAIS
Hwy. 6, North Mount Forest
NO CROSSROADS
Aug 9, August 16
Staff on liolidays
•
PAIR ••
Fabrics Have Changed- - So Have Westing-
„ .
house Automatic Washers and Dryers.
.built to handle every type of fabric --- They'res,!ei
• Come doWn and see the hill line - there's a
model to fut every need - every budget.
•
-..foSow100 A-40100**d OtO:*finghouse ,••0001eis y •
. • „ „.• • . .
•
•
Atwood . .Country
Superior Store • Appliance Service
Atwood Hanover
Padfield's
• Crest Hardware
Durham
King's
Home Hardware
Fordwich
Opperrnan Electric
Formosa
RO CarSen
it Son
Gorrl�