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PLAINDEALER-WFtWFSnAY. NOV is! 1*74 FIFTY YEARS AGO 'Taken from the flies of Nov. IS, 1«4> A wedding of unusual interest to their many friends throughout this community was solemnised at St. John's Catholic church at Johnsburg Wednesday morning of this week when Rev. William Weber, pastor of the church spoke the words which pronounced Miss Helen Blake of Pistakee Bay and Mr George Justen of this city as man and wife. The drinking fountains about the city have been removed for the winter. The removal of these fountains is really the first sign that winter is near at hand. A fine crowd turned out at the second annual fireman's ball as sponsored by the McHenry fire department and held at the Polly Prim on Tuesday evening of this week. The firemen sold around 200 tickets Mr. and Mrs William Jacoby and family, who have made their home in the B.J Adams house on the West side, left Sunday for Chicago where they will reside in the future Mr Jacoby. who js an expert machinist, has been employed in the city for some lime past The new "Direct Current" lighting equipment installed by the Western Electric company at the Empire theatre, has proven a decided success The result is a large life-like pic ture. each detail being brought out with a clear steady white light, projected through two of the latest improved machines Two more colored windows are this week being installed at St. Patrick's church. One donated by the Altar and Rosary sodality is being placed in the sanctuary, while the other, a gift of the Holy Name society, is being installed in the organ loft FORTY YEARS AGO (Taken from the files of Nov. 15. 1934' Ben Stilling, one of McHenry's business men and a highly respected citizen, passed away Nov 11 at his home He had been in poor health for the last two years. Something new in the history of McHenry as well as in recent year annals of the Woodstock hospital, is the little son born to Mr and Mrs Henry Weber of this cit> at the Woodstock hospital on Nov 11. This 8Vs pound baby boy was born with two well formed front teeth in the lower jaw Mrs Will Smith and daughters moved Monday from the Kreutzer cottage on John street to the Vasey bungalow on Elgin road Miss Frances Hughes of Waukegan spent Sunday and Monday at her home here On Tuesday she took some of the Sisters of St Therese hospital to Chicago The sixteenth anniversary of Armistice Day, Nov 11, was observed in various celebrations and at church services in McHenry, as well as throughout the nation Because Armistice Day fell on Sunday, Monday also was recognized as a holiday and the bank and local .schools'were closed in observance of the day. Hunters were up before day break and shot guns boomed throughout northern Illinois Saturday and rabbits and pheasants and quail tooK to cover as it was the opening of the hunting season on all types of game. Harold Phalin, Father O'Rourke and Leroy Conway attended the Niagara University and DePaul football game in Chicago. TWENTY-FIVE YEARS AGO (Taken from the files of Nov. 24, 1949) Miss Beverly Schwerman, a senior in the local high school is in her fourth year as leader of the school band in parades and during special formations at football games. Acting as drum major is not Beverly's only accomplishment. She is concert mistress of the school orchestra and has been a leader in vocal groups throughout her high school career. Capt. James W. Crowley of Sunnyside Beach, Johnsburg, has reported for duty with the second bombardment wing M at Chatham air force base Savannah, Ga. He was tran­ sferred from Mather, Calif., and has been assigned as a navigator and bombardier with the forty-ninth bomb squadron second bomb group. Peter Mazurkiewicz, about 58 years old a resident of Lake Benedict, Genoa City, Wis., died suddenly of a heart attack while riding through McHenry Tuesday morning Nov. 22. He had left his home early in the morning with his son-in-law and a friend with the intention of purchasing machine parts in ' McHenry. , The Zion Lutheran Mission Aid of the McHenry Lutheran church is sponsoring its annual Christmas bazaar Dec. 2. Th, Ladies promise an attractive assortment of fancy goods, aprons and rugs. TEN YEARS AGO (Taken from the files of Nov. 18, 1964) Roman Miller of Court street suffered a broken leg in t\mo places while working on a turn- a-pole, an earth removing piece of equipment, at the McHenry Sand and Gravel pit on Sher­ man hill. As he was operating the machine it overturned throwing Miller onto the ground. Open house at Junior high school, last Thursday night proved to be a most interesting evening. Thirty-two teachers and thirty students as well as 255 parents were in attendance. Principal Reno Bertellotti, welcomed the parents and discussed the increase in enrollment in 1959 there were 435 students at junior high at the present time there are 683. Word has been received of the death of Rev. Edward Berthold, 91, former pastor of St. Mary's church, McHenry. Mr. and Mrs. Peter Miller of McHenry will observe their golden wedding anniversary Saturday, Nov. 21. Miss Rose Marie Schmitt became the bride of Mr. Richard Michels at St. John the Baptist church in Johnsburg, Nov. 14. Rev. John Dording officiated at the nuptial rite. Nearly 200 property tax assessors met at Northern Illinois university this week. Among them were Mrs. Eva Consumer Forum % > i mr ¥ if w it inr i m • • ihmmi by Illinois Attorney General William J. Scott • As of Jan. 2, 1975, it will be legal for U.S. citizens to pur­ chase gold. In these inflation- ridden times, when just the cost of food hurts our pocketbooks, you may laugh at the news that you can buy gold. But beware, you're just the type of person the con artist gold salesman is waiting for. He'll tell you that owning gold is a hedge against inflation; that the price per ounce is bound to go up; and that gold won't "devalue" like the dollar. All that is true...provided that what yoy buy is REAL GOLD. And herein lies the problem...and the warning. GOLD FUTURES Gold is sold in two ways. One - gold futures ~ is the safest way to buy. Gold futures are contracts in which the seller agrees to deliver to the buyer a specified amount of gold at a specified price at an agreed upon date and place in the future. In reality, few of these gold contracts ever are actually delivered. They are used primarily for speculative purposes. The gold futures market Jn £ Bacon, Paul J. Doherty, George Erber and Henry M. Nell of the McHenry vicinity. The Ringwood community club will hold a progra^n featuring the very well known Mr. and Mrs. Harry Stinespring of McHenry on "The Home". Chicago will be handled ex­ clusively by the International Monetary Market of the Mercantile Exchange. The minimum amount of gold with which the I.M.M. will deal will be 100 ounces. At today's price - - about $165 per ounce - that's equivalent to $16,500, or a minimum cash outlay of $1300 per 100-ounce futures contract. Gold futures can be sold only by agents registered with the U.S. government at officially recognized markets. Futures cannot legally be sold elsewhere. Remember that! You cannot buy "paper gold" on your doorstep. And any salesman who tries to sell you that is a fake. GOLD BULLION However, the sale of gold bullion is another matter. Bullion sales are "spot sales" - that is, gold on sale for cash. Since bullion salesmen need not be registered with the govern­ ment, it will be much more difficult to identify the fraudulent dealer. Remember, gold now costs about $165 per ounce. So if someone shows up on your doorstep with a one-to-five pouund gold bar and offers to sell it to you for $500, beware! You're on your way to becoming a victim of fraud. A one pound bar of gold would cost about $2,640. A five pound bar of gold would cost about $13,200. Which leaves us with the salesman who gives the con­ sumer credit for some brains. be; ore the^ectr<a*y we generate gets io F JU, ft yoes through transfermers oi v^«u, go c. orie eno one corr*. out other as c fjea' uttie strearr. of eriergy you om use io run your record pkiyer or hba: your over. Corrirrion wealth Edutson rjas thousands of tnese trctfisforrners in the i&o, working round trie oocf. Some ha>e beer- out the:e ior over thirty years arjo have gofer* mXo pretty rough shape*i^v ob is io ge' tnerr. wonrjng like new \ Jim hi:>upervi^e^ trie equipment reclamation progrofr. <r Oxnfnon weaitn Edison's Teciinioai Cerner Thai cornpiex of machinery and men operates on one basic principle don't buy new equipment if you can make old equipment work like new When you consider that one high-voltage transformer can cost as much as $50,000, that makes a lot of sense "It turns out that even if we have to dismantle a transformer and rebuild it from the ground up, we're still saving money Of course, many of the transformers v/e take in just need a little tuning up Some need an oil change Some need new insulation But on some of the older ones, we've got to repair the core That's the tough part But like I say, it's worth it" Before a transformer leaves the Technical Center, it gets a face-lift in the paint room Then comes the final test it must withstand twice the electrical voltage it normally would handle Only then is it ready to go back on the line In the process, we've added perhaps thirty years to the life of a transformer and saved thousands of dollars Commonwealth Edison Working for you. He shows up on your doorstep with a gold chunk or a bag of gold dust equal to one ounce of gold. He asks $165. N IF he's reputable, and IF the gold is real, and IF $165 per ounce is the day's going rate for gold - that's three "IF's" - then you're likely safe. But the second "IF" is the problem. WOULD YOU KNOW REAL GOLD OR REAL GOLD DUST IF YOU SAW IT? Ask yourself that before you buy. If the answer is "no", then "IF's" number one and three become paramount: Is the dealer reputable and what is the going rate for gold the day you buy? There will be reputable locations at which to purchase gold bullion. Banks likely will be among them; so will dealers you personally/trust and with whom you . have dealt satisfactorily before. But unless you are very sure of the reliability of the gold salesman, it likely would be best to pur­ chase gold bullion from a bank. Keep in mind at all times, however, that gold is EX­ PENSIVE. Beware of anyone who tries to sell you gold at a "bargain." There is no such thing. The price of gold is set each day. And right now, it's about $165 per ounce. Illinois Attorney General William J. Scott has warned Illinois residents against buying "paper gold" on the doorstep when, for the first time since 1933, purchase of gold bullion by U.S. citizens becomes permissible Jan. 1, 1975. Door-to-door sales of "paper gold" will not be legalized by the new law, Scott said. The Attorney General ex­ plained that "paper gold" is a certificate promising future delivery of gold bullion. The price of a futures contract generally will vary from the current price for bullion depending on traders' ex­ pectations of whether the market will rise or fall. These certificates, or gold futures, can be bought only through brokers and securities ex­ changes registered with the U.S. government. Scott cautioned that the possibility of fraud in the sale of either the actual gold or gold futures is very great since there has been no public sale of gold in the U.S. in the last forty years. In the legally constituted gold futures market, Scott pointed out, there is little possibility of fraud because of strict governmental control. But the other way in which gold may be purchased after Jan. 1 is to buy gold bullion, itself-that is spot purchases for cash-and such transactions will not be government supervised. At the present time, there are no plans to register gold bullion salesmen with the government. Scott said he expects there will be reputable institutions like banks in which to purchase bullion. He added that until these have been determined the problems presented by bullion purchase are obvious. "The quality of gold can be determined only by someone familiar with gold. It is not likely the average consumer will have that sort of knowledge. The possibilities of fraud in direct sales of gold bullion are enormous. Victims could find themselves buying painted bricks, gold-plated lead bars, brass bullion, or other variations such as bogus bargain-priced gold and phoney gold dust. "Fraudulent salesmen could heighten their credibility by renting a storefront~a common dodge among fly-by-night salesmen, whether operating door-to-door, or from a storefront," Attorney General Scott concluded. "Knowledge of the fraud potential in the gold market is the best protection possible for the would-be gold buyer." TAKES OATH - Richard E. Schafer, senior officer of U.S. Navy, son of Mr. and Mrs. Frank Schafer of Dutch Creek Woodlands, takes oath at the Acropolis in Athens, Greece, from Lt. Abernathy, for his twenty-year final four-year reenlistment. When he gets back to the States in March with his wife, Mildred, and daughters, Pam, Kim and Brenda, he will finish his final three years' shore duty in Florida. Richard has been all over the world on the Atlantic and Pacific, including the Orient and Europe, making it a true statement of the Navy slogan, "Join the Navy and See The World." from HISTORY'S SCRAPB00K DATES AND EVENTS FROM YESTERYEARS November 8, IN*--Senator John F. Kennedy <D., Mass.) was elected President -- by the smallest margin since the elec­ tion of 1888. November 9, 1933--President Franklin D. Roosevelt an­ nounces the creation of the Civil Works Administration -- providing Jobs for more than four million men and women. November 18, 1919--The American Legion holds its first national convention in Minneapolis. November 11, 1889--Washington is admitted as the 42nd state of the Union. November 12, 1920--Judge Kenesaw Mountain Landis is appointed the first Commissioner of basebalL November 18, 1956--The Supreme Court rules that segre­ gation of the races on public buses is unconstitutional. November 14, 1882--Drawn by two horses on tracks laid on Fourth Avenue, the first streetcar in the world its appearance on the streets of New York. Are You New In McHenry Area ? Do You Know Someone new? WE WOULD LIKE TO EXTEND A ROYAL WELCOME TO EVERY NEWCOMER TO OUR AREA ! ! ! ! ! CALL JOAN STULL DORIS ANDREAS 385-5418 385-4518 \_ & 4? nm ini cim +o % \ % KNOW YOUR AREA-ROYAL WELCOME DOES IT BEST