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HomeMy WebLinkAboutThe Wingham Advance-Times, 1985-10-23, Page 23a American Standard BATHTUB Right of left hand with apron, 60". White L3213.043-1 R3213-052-1 O169r99 Save 2000 American Standard OVATION BASIN 17"x20" size. White. 3268-396-1 Solarware TOILET With insulated tank. White. 3274-254-1 149°° Our reg. 39.99 Our reg. 89.99 Save 2°° 3799 Save 1000 7999 MOEN TOUCH CONTROL FAUCETS - Washerless valve assembly for drip -free and leak - free performance. Each unit includes flexible supply tubes with brass fittings. 10 year limited warranty. TUB AND SHOWER SET LAVATORY FAUCET 3230-523-3 3228-304-6 SAVE 15°° SAVE 1000 5 9 9 9 our rereg. 74.99g. our 59.99 4 99 9 EASY -TO -INSTALL ABS PLASTIC PIPE QUALITY COPPER PIPE In 12' lengths Canadian . made. 3" x 12' 1'/2" x 12' 3252-081-3 325.2-045.10 1595 9FT. ■ 7 FT. 1/2" TYPE "M" '/2" TYPE "L" 3249-103-30 3249-158:30 33„ ■48 FT. MIROUN OAK ,FINISH BATHROOM VANITIES Attractive units feature solid oak doors. Finished. in natural oak. White Onyx cultured marble top. 1,8"x24" size. 3223.194.1 18"x30" size: 3223-194.13223-201.1 9859 11999 Our reg. Our reg. 119.99 139.99 SPARTAN SINGLE POLY LAUNDRY Heavy duty polypropylene. Stain, impact and chemical resistant. 3268.7064. II .. 'Fat:km Nat' •lnyi�,d TUB SAVE 400 2099 Our reg. 24.99 Choose from our selection of LIGHT FIXTURES Starting at Wiry '14.99 Above: Perma WaII II reg. 269.00 On Sale 2390 Save $30.00 Left: Showerlux Shower Rounds Doors $34999 reg. 429.00 Base reg. 310.00 '241999 Right: Spiroco 1 pc. unit - Tub Surrounds ;3999 from BATHROOM VENTILATOR Economy model features noise- less, air tight damper, keyhole mounting slots, plug-in motor. White plastic grill. 50 cfm. 3854.804.1 16.99 We also carry CERAMIC TILE many different sizes, colours & designs for walls & floors. DON'T FORGET :Our Full Lines of Paint & Wallpaper A Real Estate Boom All of the traditional ground rules of the business cycle are being shattered by the current housing boom in North America. The housing industry typically -experiences its most robust growth during the early stages of a business cycle, when interest rates are at their lowest point. The housing sector then usually contracts at an erratic pace as other sectors start to com- pete for funds and then inter - rest rates rise. During 1984 the housing in- dustry expanded faster than most expected, in part Can usin Crossroads—Oct. 23, 1985—Page 7A kinds of investment, such as office building, through tax relief. Now the rate of return on other investments may fall because the high ex- change rate of the U.S. dollar is crowding lots of foreign goods into domestic mar- kets. The rapid rate of port penetration is resulting in a profit squeeze so that a lot of mo tey is going into the housing jector. In the 1920's capital flowed to Australia even though the low rate of return made in- vestment in the mining in- dustry unprofitable. Capital was then diverted to urban real estate and pubic ser- vices. By the 1930's Australia had a large external debt and a poor investment mix for servicing it; conditions got so bad that New South Wales actually defaulted on its foreign debt. There are signs now that capital is being misallocated in North America too. Unless things change, we could fin- ish the decade with a low growth, high inflation econ- omy, characterized by spanking new office build- ings, lots of residential homes, fully automated ser- vice industries, and a shrunken manufacturing in- dustry struggling to earn the export income to pay the in- terest on external debts. The housing boom could be a dis- aster in disguise. by Bruce Whitestone oecause of aggressive retail lending competition among banks and trust companies. Many institutions offered variable rate •mortgages with very, low first year interest rates. Others tried to maximize their loan volume by lowering their credit standards. As a result of these lending practices, mortgage rates fell below their usual relationship to bond interest. In the United States housing starts are running at an adjusted an- nual rate of about 1.7 million units while in Canada starts are running at about 150,000 annually. The current level Here's How By Gene Gary Q. Is it possible to install a ceiling fan in a room that has an open -beam ceilling? The beams are 31/2 inched by 51/2 inches. What type of ceilling fan would you recommend? I would have the fans installed by an electrician. —B.P. A. I am sure it is possible to install such a fan. The major concern will be locat- ing the new wiring so that it will not mar the effect of your open -beam ceiling. Since you will not have an attic in which you can hide the wiring, you will probably have to bring it up through the walland perhaps run it to the center of the room via the beam, keeping it tucked .in the crevice and out of sight as much as possible: Another method would be to install the wiring and then cover it with a false wood strip, hollowed out on the in- side to make room for the re- quired wiring. A good electrician and -or carpenter should be able to help you With this problem. The installation will be more expensive` than a normal ceiling installation because of the cosmetics. . Choice of a fan would be personal preference. Q. Our sloped driveway was asphalt and we had it taken, up and redone with concrete. We did not seal, the con- crete, and several months after it was done dark blotches appeared. How ,can we remove these blotches before we seal the concrete driveway? —FAN!. .- A. These blotches may, be created by a faulty mixture of concrete If the stains penetrate deeply into the _ surface, it may be impos- sible to remove them. However, you can try this method of stain removal using a strong bleach: Dis- solve 2 pounds of trisodium phosphate in 1 gallon hot water. Mix 12 ounces chlor- inated lime to a paste in a shallow enameled pan by adding water slowly and mashing the lumps. Pour this and the trisodium phos- phate solution into a 2 -gallon stone -ware jar and add wat- er until the jar is full. Stir well, cover -the -jar -arid -al the lime to settle. To use, makea thick paste of powdered talc atld.some of the liquid, and apply with a trowel to the stain, about 1/4 inch thick. When dry, scrape off with wooden paddle or trowel. If bleaching doesn't re- move the stain completely, you might select a colored sealer to apply to the surface after the cleaning. I would not suggest paint for a drive- way surface, which is sub- ect to a lot of traffic and vear. Q. Is there any way to re - plate the metal binding rings around whiskey barrels when they rust away? I have found the barrels to be excel- lent for raising most vege- ables on steep, rugged-.,. errain. —J. W. A. Since you are using the barrels for a functional pur- pose,rather than decorative, you - would not have to re- place the metal bands with the same type of material. It is possible that you could re- place the metal rings with t fairly heavy wire. Wrap the wire around the barrel about three times with each row fiting snugly together. Be sure to keep each row as tight as possible for maximum support. Q. Should shake roofs be oil treated? When they have warped, should they be nailed down or will this dam- age the shingles? Are "steel shingles" appropriate? - A.P.W.. A. There are a number of steps you should take to check shake roof trouble spots. Check gutters. and gutter. hangers. Clean out gutters. 'Look for rusted spots. Replace damaged or missing shingles. Only a close inspection will reveal split, cupped or brok- en shingles. Anything - that protrudes through the roof is a danger for potential leaks. Check caulking around pipes, vents, skylights and chimneys. Look for damaged or missing hip and ridge shingles or places where nails have popped. A loose shingle can easily be blown off in a winter storm. To' further protect - -your shingled roof, apply a.formu- Ia of graphite.and linseed oil.. . Check with your local paint dealer for commercial brands of other protective sealers. Some of the new synthetic shingles are very durable and duplicate the natural shingle look very well. If you are considering 'reroofing, you might want .to investi- gate these prockicts..They offer greater fire protection ' than the natural wood pro- — duct. of interest rates should be low enough to stimulate a re- bound in housing. In fact, housing could become our economy's new growth lead- er, virtually unprecedented for this stage of the business cycle. The strong external value of theU.S. and to some extent Canadian dollar will tend to reduce output and squeeze profits, thus leading to a flow of funds to the hous- ing sector by default. While some regard all investment as of equal value to the econ- omy, investment in major tradeable goods manufact- uring industries is far more beneficial than other invest- ments such as in the service sector of over -building or residential housing. In economic theory, high profit sectors are supposed to attract capital until re- turns are equal to those of other parts of the economy. The U.S. significantly in- creased the return on some THE BRAIN RESEARCH FUND Our main purpose is to find the cause of brain tumors in children and adults. Our goal is to discover a cure. WE NEED YOUR HELP! Your financial support is vital both for medical research and to provide literature to patients. We are committed to the belief that with your help we will in time be able to prevent suffering and in- crease the hope for cure in pa- tients with brain tumors. Please help .. send a donation today to BRAIN RESEARCH FUND c/o Victoria Hospital, London, Ont. We are a non-profit, tax exempt( charitable organization. All contri- butions are -tax deductible. - f. 7.9% FINANCING ON 1985 -ALLIANCE—&---ENCORE--- Final rLLIANC-E—&---ENCORE^-_Final Closeout Fall Special Alliance Convertible Save =1000, off list price and even more with low 7.9% .financing 7.9% financing ends Oct. 31st, 1 985, MCGREGOR MOTORS 670 Main St. E., Listowel Car City OPEN 8-8 Mon. -Fri. 9-5 on Sat. 291-1300