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LOU 25 1 Ul LA A ON FES LEARY NOL SA AGHA 10 -- PORT PERRY STAR -- Wed., December 2, 1981 » Ea Port Perry High Greenbank and area news School news bits by Norma Arney Once again Port Perry students showed their Rebel Spirit on Friday Nov. 28, when our senior girls basket- semi-finals.Port played against Paul Dwyer, Port put forth a terrific effort, but lost by a few points 42 - 36.Barb Elliott found a good way to 'McMillan spent a day in Toronto Armour's sister Mrs. Mabel St Mr. and Mrs. Armour of Mr. Shadlock, Scarborough. visiting with evens. Mr. and Mrs. Don McKean were Sunday dinner guests and Mrs, Tom The December 9th, morning coffee hour will be decorating miniature loaves of bread. ~ Mr. and Mrs. Bob Snoddon of Valentia and Mr. and Mrs. Howard McMillan visited with Mr, Gordon Hood who is a patient in Toronto Western birth of a son last Wednesday. Best wishes also to Mr. and Mrs. Ed Ruis (nee Debbie Cookman) and their new daughter Kimberly Marie. All ladies of the commun- ity are invited to the Christ- ball team went to the Lossa keep her guard under con- Th Tid Will T n Hospital on Sunday. + mas U,C.W, meeting on Dec. trol. Rumor has it that she e ] e I ur Mr. Elson who has been in 9th at the church. Worship does this by facial express- Uxbridge Cottage hospital is service will begin at'10 a.m. ions, by Brian Champion 'soon to have surgery, we followed by a pot luck 'Graduate Mrs. Beverley Eriksson has received her Associate Music Degree in Piano Teaching from the Western Conservatory of Music, Convocation ceremonies were held Saturday Novem- ber 28, 1981. Beverley was a student of John Robertson of Oshawa, and Marie Devereaux of Aurora. Thanks to Mr. Clarke for bringing his trumpet to help with our cheers. Girls, you played a good season. Best of Luck next year. Saturday was the day for showing off our float after all the hours spent painting, Pitfield, McKay, Ross Limited Every action, brings a reaction. This simple law of physics goes along 'way toward explaining what is happening in the market. The long, upward swing in stock prices has finally been arrested by high interest rates and in slowing economy, and we are now witnessing the inevitable reversal. Seen in that light, it is not the beginning of the end but a part of the familiar process of accumulation and divestment that sets in wish him a speedy recovery. Prof, McCready spent a day recently with his sister at Crystal Lake. Pleased to report Mr. Fred Real is feeling some better and hopes to be home soon. Mrs. Helen McKean, Mrs. luncheon, then a Christmas program. Hope to see you there. "Y . Greenbank Christmas concert will be held at the hall on December 9th at 7:30 p.m. Mr. and Mrs. Bob Stone, cutting, nailing to make ; Anne Wills, Mrs. Dorothy Mr. and Mrs. Bill Stone, ~ everything just right.Con- motion the great tides in the market. Simpson, Mrs. Sally Bishop enjoyed Sunday evening gratulations to Mike Stokes, Tides being what they are, this one will eventually and son Brad spent Monday dinner at the home of Mr. for his overseeing eye that turn. It may be a while, however, and in the meantime at Port McNicoll to help and 'Mrs. Jack Ward, we have everything just the first requirement is to stay afloat, to avoid being celebrate Helen's mothers Claremont. right.Mike, the way you wor- ry, you'd better watch out: you'll get ulcers. On behalf of Mike we'd like to thank all those who gave their time to help put the float together and who were on the float.Thanks to Scug- og Lumber for donating the truck, and to Keith Barr for driving;also to Mr. Mec- Tavish for letting us use the" shop. But a very special thanks to a 'Mr.Buchanin who showed true Christmas Spirit,when he gave a helping hand by carrying the bed for the float up to the high school in his truck. - Any stragglers who have not yet done so, please pick up swept under by the outward rush of disenchanted speculators. This is easier said than done -- the crowd now is as eager to get out as it once was to get in, and is prepared to take much of the market with it. But most investors know how to survive and will be there when the tide turns. Technically, the present divestment is being referred to as "A major correction in a primary bull market." In simpler terms, it means that the market could go significantly lower before it again turns upward, but it will not lose its ability to recover and, in time, to attain new heights. 'Significantly lower" could mean 15-20 per cent; less if the '"'major" correction proves to be a more normal one. Reactions of the kind now in progress are seldom uninterrupted. Short term reversals or rallies are usually seen and such an occurrence between now and the year-end would not be surprising. The prospect of somewhat lower short term interest rates could stimulate buying. Realistically, however, it has to be acknowledged that much of the recent speculative excess has still to be wrung out and it could be well into 80th birthday. Sympathy of the commun- ity is extended to the family of the late Mr. Fred Dobson, also to the family of the late Mr. James Durward. Congratulations to Mr. and Mrs. Jim Phoenix on the Many holstein breeders from this area attended the "Bob. Flett" recognition night at Rock Haven, Peter- borough on Friday evening. Please remember to phone next week's news to 985-2944 or 985-3040. Strike cost small business $3 billion by W. Roger Worth Postmaster General Andre Ouellet doesn't really believe small business was hurt by this summer's 42-day postal strike. in money, jobs and lost opportunities is important, people operating smaller companies were hard pressed to place a value on the anger, aggravation and it Beverley and her husband those luscious grapefruit at 1982 before a recovery worthy of the name is seen. In fact, during the strike, frustration involved when Mr. John Eriksson, former the school. Investors discouraged by this prospect may want to | Ouellet informed people they were without mail residents of Fralick's Beach, ~~ We'll have more Port High do some selling into the next rally. They will have operating the nailow's. service.» .-; So MTA eo Set SER 0 att So TN RO Sy \ ) 4 Scugog Island, are now residing in Slave Lake, Alberta. FREE ESTIMATES 1 m. west of Lilla St. Regional Rd. 8 (formerly Conc. 7) news next week but don't forget the Children's Christ- mas on Wed. Dec. 2 at 7:30 p.m. DOUG HUGHES 985-8011 Shur-Gain axytetracycling-100 Shur-Gain--for the modern farmer plenty of company. But the more patient and stubborn - holder (the true "investor") will use it mainly to adjust portfolio ratios, weed out less attractive-issues and, along the way, pick up attractive. investments that become available at knock-down prices. ' How will we know that the reaction has ended, the ebb tide run its course? Leon Tuey says it will be when people are on their knees sobbing. So far, he claims, we have only heard the faint weeping of the disillusioned; the sobbing is yet to come. Perhaps so. Our approach is less dramatic --- at the risk of being simplistic, we believe that the turn will come when the market stops going down, when prices refuse to go lower, not for a day or a week but over a period of weeks and months. It should be kept in mind that not all stocks will complete their reaction at the same time. Some started sooner and will end sooner. Some will swing much farther than others. It is important to watch each group and each stock individually for signs of a turn. Our reasons for believing that the great bull market is not yet over are more fundamental than technical. In one way or another a state of greater economic ~ stability will be reached. It may be a state in which begin getting better. The trend of inflation and interest rates will be downward, albeit slowly. The ability of individual companies to do better than the average will improve. Expectations: may decline but rewards BLACKSTOCK PORT PERRY WALLACE MARLOW CO. LTD. PHONE 986-4201 PHONE 985-7363 : | : "Subject to Change without Notice." DON FORDER INSURANCE AGENCY LTD. | 24 WATER STREET, PORT PERRY - 985-8471 A smaller companies they should find other ways to make a living if they have to rely on the Post Office. Ouellet, of course, is way off base in his assessment, and a recent sarvey by the Canadian Federation of Independent Business on the effects of the strike, among 1,242 of its 62,000 members, proves how little understand- - ing the Minister has of small business. In cold, hard detailed language, * the survey indicated: ' "The cost to the country's small and medium-sized business sector was a whop- ping $3 billion, even using "conservative estimates. . "More than "two-million didn't arrive or were tied up in the mail. : While the staggering cost One Federation member, for example, pointed out the extreme emotional pressure that results from wondering whether the business . was going to survive if the strike was to continue. . Yet the Postmaster General seriously suggests little money has been lost and that postal workers should continue to have the right to 'strike, 'no matter how much havoc they ¢reate. While the Post Office has now. become a Crown Cor- poration, and thus might become more efficient, the government cannot allow the entrepreneurs -who are providing a majority of the country's new jobs to be caught in such a bind again. protection inflation and interest rates are still at relatively high man-days of work were lost In fact, the damage done to . levels (although less than at present) and growth is ii porary or per- Pmalier CoTipanias is so new Shur-Gain :modest, but conditions will stop getting worse and | manent layoffs when orders horrendous that the right to strike, particularly in the postal service, should be eliminated. ini 1h (through greater productivity) will increase. It may i, VISIT injectable solution take more than a few moons to bring about but : ; $ #9 : i : eventually the tide will turn. : T | DOW BOX NOs ings While the above thoughts may be small consolation H E Ww N 40 A BN in 100 mg concentration. to those in the process of being wrung out by the For Your Christmas Gift List It diffuses rapidly, builds market, it is important to retain a perspective. This Featurin therapeutic levels fast, and too, will pass! We may not be able to look back and . Bu ; " ks eftecive and persistent laugh but we will be able to look back. CRAFTS *PINE QUILTS : hours or longer. NR Shur-Gain Oxytetracyciine A DURHAM ROAD 57 100 contains Lidocaine, a | LIne CAESAREA- ONT. 2 pain agent. Choices 3 £ OPEN TUESDAY thru SUNDAY > oH Iwi or 28h mivials for S é 10AM.106P.M. 986-4833 + Tre TERLING . ; STERLING TRUST CORPORATION A a enibér one Casds DepusitinsianceCorpordiion. 025250525250 505052525052525252525252525252 SSS? 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