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
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RESEARCH
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BRAIN RESEARCH FUND
c/o Victoria Hospital, London, Ont.
We are a non-profit, tax exempt(
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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