Lake Scugog Historical Society Historic Digital Newspaper Collection

Port Perry Star, 20 Jun 1995, p. 21

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Pr SRL att " nA wae - WINDOWS - DOORS - SKYLIGHTS - SOLARIUMS 133 TAUNTON RD. W. OSHAWA 005) 436-9733 CLASSIFIEDS PORT PERRY, ONTARIO Adah TP Cartwright students strike it rich in stock | market challenge By Kelly Lown Port Perry Star Two Cartwright High School students have finished in the top one per cent in the recent To- ronto Star Stock Market Chal- lenge. Don Cliff, an OAC student and Erik Hudson, a Grade 12/ OAC student joined the chal- lenge, along with the rest of their class, as part of their eco- nomics course. Each team was given $100,000 of ficticious money to join the challenge and the two ocal youths managed to accu- mulate $123,000 during the three-month running of the con- test. The two placed 100th overall among more than 43,000 en- trants, many of which were in- vestment professionals. At one point the duo climbed as high aseighth overall. The participants were given a choice of more than 100 compa- a nies on the Toronto Stock Ex- change and were required to al- locate funds among six different industries. Don and Erik chose Labatt's, Canadian Pacific, Southam, Nowsco Well Service, Euro- Nevada and the Bank of Mon- treal as their companies. They loaded up on the La- batt's stock in February, long before the recent takeover sent the stock higher. Another award winning choice was Euro Nevada, a gold mining operation which was one of the best performing stocks available. "Their performance was ex- cellent," said Ian Haar, a broker with Midland Walwyn, who helped provide guidance to the students. "The rate of return is more than 90 per cent on an annual- ized basis and by placing 100th, they ranked in the top one per cent of all entrants," he added. KELLY LOWN/PORT PERRY STAR Don Cliff and Erik Hudson, both students at Cartwright High School took part in the Toronto Star stock market chal- lenge and took 100th place. The competition was open to professionals and non-professionals with more than 43,000 entering. Please see story for more details. JEFF MITCHELL/PORT PERRY STAR TRUE COLORS: This coming Canada Day will be a special one for Amy Grills of Port Perry. She's receiving a special award next Monday to recognize her ongoing efforts to make her community a better place. The awards presentation will take place in conjunction with a session of Citizenship Court in Whitby June 26. 'Outstanding' student honored By Jeff Mitchell Port Perry Star When a special Citizenship Court session is held in Whitby next Monday, a Port Perry teen will be among those honored for an out- standing contribution to the community. Eighteen-year-old Amy Grills, an OAC stu- dent at Port Perry High School, has been cho- sen as a recipient of a Canada's Birthday Achievement Award, an honor that will be bestowed by Citizenship Judge Walter Borosa in a ceremony at the Durham Region admin- istration offices June 26. She is among several local youths receiving the award to acknowl- edge their outstanding contribution toward the betterment of their communities. Amy was taken by surprise when word of the honor arrived. She was nominated by Sandra Riches, principal at PPHS. Turnto Page 2

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