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Page 18 TOE HERALD October 1 1 I9K9 Darts miss the point on stock market Diane that the third quarter ha ended it is time to weigh our stock portfolio against Merrill Lvnch Canada and the Dow and TSE av erages Our stock picking reporter Peter Haggert s nov managing editor of Banner in Out Its just as well looks like he has lost his touch with the darts Mr picked our portfol pinning the stock piges of The Globe Mail to his dart board investing SI on paper wherever the dans ell In the past hi has done rem rkabh well with this method This vear though we would have been better off bv simph buying the market investing in an index fund that tracked the Dov Jones industrial average or the Toronto Stock Exchtnge 300 index The Dow Jones has a ing per cent since the end of last while the TSE has climbed per tent Peter portfolio has turn in a meagre seven per cent gain while Merrill Canada has managed a nine per cent gain BETTER IN BANK All in all we would have been better off leaving our in the bank Two of Peters stock picks Capital and Creek Con ha e been bought out other compa have booked at a 10 per cent gain The outstanding performer in our portfolio was United Telephone a regional S telephone company which leaped in pnee by 70 per cent Our worst performer was Sea Pro ducts the East Coast fishery com which tumbled 27 per cent American Express was a winner for Merrill Lynch climbing by per cent so far this year Merrill was Nova Corp the Calgary oil and gas company which plunged per The portfolios include eight Canadian and six S stocks Mer till Lynch chose a bluechip list for Canada while Peter made some obscure choices including some stocks On the American side Merrill chose two big names American Express and Times Mirror as well as four less known companies Again Peters darts tell on some odd stocks Mining stocks are well represented bv both stock pickers as are oil and gas and food and beverage companies American stocks are in S dollars Here s how the portfolios look THE LINEUP Peter s Canadian choices elude CSA Management A an in vestment management down seven per cent Norcen 8 12 preferred 25 up one per cent National Sea Products J down 2 per cent Dale Parizeau a holding in vestment 25 down four per cent Resources an electrical cents up per cent and Tnmel no change On the American side he chose Knogo Corp up per tent Telephone up per cent Homestead S3 25 down 2d per cent IBP 5 up one per cent Avemco Corp up 0 3 per cent and 62 down 11 percent Merrill chose Dofasc S26 no change up per cent Hees Inter national up 20 per cent I aidlaw S22 3 up 21 per cent up per cent Noranda SM no change Nova down per cent and Shell 12 down six per cent Merrill s S stocks are Amex 12 op per cent Automated Data 87 up 21 per cent Genuine Parts 3 up 11 per cent National Semiconductor 62 down per cent Times Mirror 37 up per cent and Whitman Corp 32 down 10 per cent Available at The Herald Office in either 8x10 or 5x7 Sizes the HERALD Guttpti Georgetown 2201 Al Marah Studio expands into classy gift line If you re looking or a gift with an accent on country sometime soon Georgetown s Marah Studio will soon be tailor made for vour needs The threeyearold art studio on Guelph Street is expanding and co- manager Heather says a new line of gifts will feature a homey Victorian country classy touch together with her sister Heidi the pair run the studio which car nes the work of their well known artist mother Shirley Deaville Shirley husband David president of the studio looks after the details The extra floor space will allow Al studio to display pla cards mugs sculptures crystal figunnes plates and more paintings Currently Al which is named after the family Arabian horse concentrates on paintings and plates The expansion of the studio which should about double the floor space is set to be completed about mid October The studio acts as Shirley s publishers Heather says And Al also deals velv With British aviation artist Robert Taylor Al Marah also offers a picture framing service The demand for Shirley s popular nostalgia art has increas ed drastically the past few years that over galleries missed out on the last of prints despite their requests Heather says And at a trade show of the Pro fessional Picture Framing Association in Toronto last year some prints were sold in just three days We blew them away Heather recalled This year marks the an of Shirley limited edi prints and shes showing no sign of easing up There are three scheduled for release this month and the size of the edition has been bumped up to keep up with the demand Heather says There will he signed and numbered and sets of ar tists proofs There are also plans to release a new plate this month The second in the series of four plates will be called Who do you Love And just before Christmas Al hopes to bnng out a pre Christmas print but you 11 have to keep your eye on the local newspapers for more information RECYCLING It I Please Remember to Recycle This Newspaper 5imon CHARTERED ACCOUNTANT Phone I J- OFFICE 2300 Main Street FOR ALL YOUR OFFICE S NEEDS Guelph St Georgetown STEVEN C FOSTER BA LLB BARRISTER SOLICITOR 37 MAIN ST SOUTH GEORGETOWN ONT L7G 3G2 tel 68734961 fax 41 68734962 Time Limited Builtin Vacuum Offer Don I Ijg Pug Bean TheWorta Installed working and ready to clean with electric and hose Wo I ko no nary vacuum can Beam wo power I Chromed wands Goof P oof duel ng for I even clogs s the last vacuum you II ever buy fast Time is short LUG VACUUM PLUS IMA BEAM SOLD MEDAL AWARDS FOB 80SIKesS EXCEUOCe Alarm Systems Intercom Systems Vacuum Systems 8732500 Our CuMtomors An Our Bst Advertising Or L7Q4B3 Beam Canada Sept 19S9 In Business Business nuu not H1LROY Figuring Pads I07pk FROM 134 EA Wick Ruled Quad 4 Shcus Wide Ruled IaljI I 1ST 40 411 HO SPEC pit 1350 pit pit pit I POST IT NOTES BY 3M 12PK 653 I 12X2 PLAIN PADS YELLOW ONLY PLAIN PADS ALL COLOURS 655 PLAIN PADS YELLOW ONLY 656 PADS ALLCOLOURS PLAIN PADS IVY RULED PADS IVY COLOURS PINK 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