McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 3 Dec 1959, p. 7

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

TH£ri*sday, December 3* THE McHEtnf? PLAINDEALER For Rent ROOM FOR RENT. $6. Phone EV 5-4941. 31 3 ROOM HOUSE, full bath- 1 bedroom. Large enclosed porch, basement, garage, large yard. 4 Phone Wonder take 6893. 31-tf 5 ROOM HOUSE, 2 bedrooms, newly decorated. Immediate possession. $75 per month. (EV 5-2694. THREE Rm. house; gas heat; full bath; automatic hot water .hrater; $60 per month. Imiwdiate possession. Call Evergreen 5-4177 after 4 p.m. 31 4 ROOM Year around house, enclosed porch, near Wauconda. Jackson 6-2311. 31 FOUR Room House in McCullom Lake. Caii £V. 5-3257 after 6 p.m. 31-2 Real Estate Crystal Lake imO MONEY DOWN! NEW 3 BEDROOM RANCH Nat. gas heat, wood kitchen cabinets, tiled kitchen & bath, hardwood floors. Stop in or call at our office. We have Oiily 6 left! Country Club Estates NEW 3 BEDROOM RANCH acre site, full basement, , with garage, nat. gas heat, | built-in gas oven & range, lots i of wood kitchen cabinets, tiled | bath & kitchen, hardwood I floors. This house is in the ; finishing stages of construction. . Buyer dan take possession in about 2 weeks from purchase Page Seven Real Estate LOT ON EDGE of McHenry golf course, 100' x 130'. Price reduced to sell. EV 6-5452. 22-tf FOR SALE by owner: Beautiful 80x134 ground in Edgebrook Heights. Call EV 5-1804 between 5:00 and 6:00 p.m. 27-tf Real Estate CUSTOM BUILT HOME. 2 bedrooms, full basement, basement garage. Natural gas heat. Storms and screens, fully landscaped. Birch ca'binets, lake f t . l, o•t o« n h• i• g h, :; rights. $13• ,900. Call iH Yajtt 7- 3235 evenings or weekends. 31-tf 4 BEDROOM home, 30 ft. living and combination, m baths. One block to stores and schools. Full basement, 4 car garage. $17,000. EV 5-2423. Away WILL GIVE AWAY 5 puppies. 3 male -- 2 female. Mother is Cocker Spaniel. Phone EV 5- 29-tf; 9875. 31 WOMEN NEEDED for factory work. All 3 shifts open. To train in Chicago for positions at new plant location in Northfield, 111. Actual relocation will occur in approximately 30 days. Good starting rate. Many company benefits. Apply Mystik Adhesive Products, Inc., 2635 N. Kildare, Chicago, 111., <401700 Winnetka Ave., Northfield, 111. Phone Rogers Park 1-8600. 30-tf MEN -- Train as machine operators at new plant location in Northfield. Apply Mystik Adhesive Products, Inc., 2635 N. Kildare, Chicago, 111., o<- "1700 Winnetka Ave., Northfield, 111. Phone Rogers Park L-5600. 30-tf 3 BEDROOM model . home, j SIX TEXAN. COLLIE pups to Completely carpeted, drapes in-! give to good homes. Call after eluded. Birch cabinets. Pro-! 6 p.m. Phone EV 5-2530. 31 fessionally decorated, beautiful-.j ••• i r •• ly landscaped. Natural gas! date. MUST SELL AT NEAR! heat- Price $13,500. $500 downj COST! ONLY $18,500. About| to Qualified person. Phone EV $2.500-$3,000 down. SEE THIS ^2838 days or evenings EV^ START NOW ' Become A Beautician Miscellaneous ONE! FOR SALE Lilymoor | 2 bedroom house, 2 car gar- , age, 5 lots which total 136' | x 110'. The Estate says this ! home must be sold immediately j for only $5,300.00. FIRST COME - FIRST TO ! BUY! 3 BEDRQOM ranch in Lake land Park. 2 years old, hard- i ® month course. Full or part wood floors, wall to wall car-;^me- Evening classes. peting throughout, double in- 550 down -- $10 a week sulation, patio, outside barbe- Requirements: over 16 yrs. of cue, water softener, natural a£e and 8th grade diploma, gas heat, triple trrrk alum. | State Accredited storm windows & doors. Land-j McHenrv School of scaped. Nice driveway, lamp1 ^ 1^6 IIMMAM EDIATE Opening for women. Light production and assemmy work. See or call M-. F. G. Peterson - Phone ME.- cury 9-2361. Coil Craft, Car.v. 111. 11-Lf EXPERIENCED Used Car general maintenance man to recondition used cars. Apply in person, Seibel Motor Sales, 4^| W. Elm St.. McHenry. 31 AUTO MECHANIC for progressive Ford dealership. Steady Earnings, Good Pay, Paid vacation, and the best working conditions, latest equipment. ® A GOOD JOB FOR A GOOD IVIAN See Bob Hendrychs, Hendrychs Ford on Route 14. Woodstock, 111. 31 Look Look Look Look A REAL STEAL! 110' ON THE FOX RIVER Here's a real buy on a river front VACANT LOT. ONLY $3,600.00. ACT FAST ON THIS ONE! MUST SELL THIS WEEKEND Lakeland Park For Rent 3 yr. old 3 bedroom ranch. Full basement, FA oil heat. K i t c h e n f u r n i s h e d . T e n a n t must decorate. $85 per month. Orchard Heights FOR SALE ON CONTRACT -- $1,500 DOWN. Payments $125 mo. or RENT $100 mo. 2 year old ranch, alum, storms & screens, auto, oil heat, 75' x 125' lot. Immediate possession. post. Formica kitchen set included. Only $13,000. Phonr EV 5-4508. 31 McHENRY and LAKE AREA Year 'Round Homes. Seasonal Homes, farms vacant. Home sites. Income properties. JACOB FRITZ REALTORS Rt. 5, McHenry, 111. Ph. EVergreen 5-0037 9-tf ^TO SALESMAN to sell new and used cars. An excellent opportunity for man with sales experience. Apply in person-- Hendrychs Ford on Route 14, Woodstock, 111. 31 FULL TIME bartender. Middle aged. Steady work. Good working conditions. Reply Box 570. c-o Plaindealer. 31 Chapel Hill (On Golf Course) Large ul'J 2 story summer home, 1 car garage, 4 bdrms., 2 baths, fireplace, large screened porch on front and 2nd floor, 200' x 200' lot. A REAL BUY -- ONLY $11,500. GENERAL CLEAN-UP Man tfBhted. Call EV. 5-1899. 31 TURRET and Engine Lathe operator. Job shop experience preferred. Paid insurance and vacation. Garner and Klein Tool and Mfg., 104 Sayton Road, Fox Lake, 111. Phone Justice 7-0311. 31-2 PUNCH PRESS operators -- light machine work. Hospitalization and insurance benefits. Trolex Corp., 507 W. Elm St. 31-2 Situation Wanted IRONING DONE in my home. Pick-up and delivery service at no charge. Phone EV 5-156'. *30-2 WILL DO baby-sitting in my hemie for working mother. Ph. •EV 5-4081. 31 LOVING CARE for infant or toddler. Excellent references. Phone EV 5-3291. *31-2 GENERAL HOUSECLEANING desired. Have own transportation. Please call EV 5-6367. 31 jypENTION Home Owners: An kinds of work done, painting. interior and exterior. Roofing, chimneys, siding, cement work, light hauling. A-1 work. Free estimate. Phoiv" EV 5-5118. 31-tf HOUSEWORK wanted by the day. $1.50 per hour. Phone EV 5-1803 after 6 p.m. 31 YOUNG HIGH SCHOOL boy wmits appointments to act as Santa Claus around McHenry. For appointment call EV 5- 0718. <31-2 WANTED -- Old U.S. and Canadian coins. Will pay premiums for single., pieces or entw collection. Phone ELliot 6-5^29, Lake Villa. 31 Partial List Riverfront Homes Johnsburg 4 bedroom $13,50* Country Club Sub., 3 bdrm. $22,500 Country Club Sub. 4 bdrm, 2 story .... $32,500 Near Town 3 bdrm. brick ranch $58,300 Pistakee Bay 2 story 4 bdrm $31,800 Pistakee Bay 3 bdrm brick ranch $52,000 MANY MORE IN OUR FILES THAT YOU CAN REALLY Farm Listings Needed We have prospective buyers for all type farms. T. P. Mathews, Realtors Ph. Wonder Lake 3061 Wonder Lake, 111. Beauty Culture Pistakee Road Near Bowling Alley Phone EV 5-4047 29-4 MAKE YOUR OWN Table Tops - Lamps - Trivets using Luxurious Mosaic Tile Have Fun and Instruction in classes Friday evenings 7:00 to 9:30 p.m. at Sergant's FAIR-O-LEA FARM lh mile South on Rt. 12 on Johnsburg-Wilmot -Road 25-tf NOTICE OF CLAIM DATE Estate of EDWARD R. SUTTON, Deceased: Notice is hereby given to all persons that January 4, 25-tf! 1960, is the claim date in the estate of EDWARD R. SUTTON, Deceased, pending in the County Court of McHenry County, Illinois, and that claims may be filed against the said estate dn or before said date without issUainge pi summons. CHARLES F. SUTTON Executor KNOX & MADSEN Lawyers Crystal Lake, Illinois (Pub. Dec. 3. 10, 17, 1959) Homes For Immediate Occupancy OAKWOOD SHORES Wonder Lake Furnished models now on display 3 a n d 4 B e d r o o m R a n c h Homes from $10,950 plus site. Low down pymt. $68.00 per month. Huge 95' x 135' lot. Close to Churches, Schools & Shopping. Pvt. park, beach & j CIVIL DEFENSE lake facilities on beaut, pvt. Itnxv HFP 7 Wonder Lake. Boating, swim-!L'AX U / ming, fishing & winter sports. Send . For Our Free Brochure OBSERVE NATIONAL Monday, Dec. 7, is designated as National Civil Deiense Day. This observance is being "The Realty of Sensibly-Priced Listings" 206 S. Green St. Ph. EV 5-1125 Open 7 Days A Week Adequate Financing Available 31 Wonder Lake, I1L MAKE A GOOD DEAL ON!jT. P. Mathews, Realtors brought to the attention of all • Vacant Lots -- All Areas and Waterfrontage • Industrial • Farms and Acreage Phone 3061 31 FOR SALE Low Down Payment Immediate Possession 30 Years To Pay 5Vi°° Interest 3 Bedrooms Full Basement In City of McHenry Full Price $12800 THE KENT CORP. 115 Riverside Drive McHenry EV 5-3800, every Americans to symbolize the need for nation-wide preparedness. Great emphasis is being placed upon the "Family Fallout Shelter" as a protection a g a i n s t r a d i o a c t i v e f a l l o u t from a nuclear bomb. Radioactive fall out can threaten more people than blast and heat. Everyone, even those far from a likely target, would require shelter from fallout. "jThe purpose of National Civil Defense Day is to impress upon citizen the importance 31 of survival actions and incorporate civil defense preparedness into the pattern of their dai'v living. The public is urged to learn to distinguish the air raid warning signals, which are: "ALERT" a steady bla,st of three to five minutes; "TAKE - a wailing tone (up Twice Told Tales ^'1* 4* '1' 'I " I 1' t *4 * ^ FIFTY YEARS AGO Taken From the Files of Nov. 25, 1909 Twelve young ladies of McHenry met with Mrs. Nina Sherman Saturday evening and organized "The Jolly Twelve" card club. The other members are Mayme Overton, Mayme Lamphere, Ada Carey. Lena a n d C l a r a S t o f f e l , M a b e l Granger, Rose Justen, Anna and Eleanor McGee, Kathryn Burks and Florenpe. Howe. Joseph J. Masquelet, eldest son of Mr. and Mrs.' Frank Masquelet of this place, was invited in marriage to Miss Irene Evans' at the Chuych of the Nativity, Chicago, Saturday morning, Nov. 20. Bargains in shoes .at Block and Bethke's include ladies' 12- button black velvet top, patent colt. Cuban heel. $3 00: ladies' all gun metal, snappy and com* fortable styles, lace or button, $300: ladies patent colt button shoes, gun metal top, Cuban heel, special $2.50. The basket social held at the Barreville school, Nov. 20, was a great success, the sum of $63.40 being realized from the sale of baskets. Cordelia Palmgren. William Wright and La- Doyt Matthews were awarded prizes in the previous corn contest. The Willing Workers, of the Universalist church will hold their next meeting with Mrs. J. C. Holly next Thursday af ternoon, Dec. 2. Curtis Harvey, claimed to be the first white child born in McHenry township, died at Waukegan last week at the age of 72 years. First rank pupils in the first year enrollment at the local school include Bernard Thurlwell. Elmer Kinsala. James Overton and Paul Bonslett. Second rank pupils are Ella Nickels, Theresa Conway, Dorothy Walsh, John Malch. Edwin Meyers and Dorothv Buss. PERSONALS FORTY YEARS AGO Taken From the Files of Nov. 20, 1919 Mr. and Mrs. John W. Kimball were surprised by a group of relatives at their -home on Waukegan street Sunday, the oecasios being their fiftyeighth wedding anniversary. Now arrivals the past week include sons • to Mr. and Mrs. E." R. Sutton, and Mr. and Mrs. A. P. Freund and a daughter to Mr. and Mrs. Josr-^h Blake. that the coal situation is becoming serious, even in our own little municipality, became known on Tuesd ' <^f this week when the West -M~*!c"«ry flour and feed mill wis forccu to suspend operations on account of the shortage of soft co^l. The lower p--' "r pond was frozen n'--- r t^p first time, this '-rt Friday morning. By H-v night, the entire po'H h"d its first winter coat but the balmy breezes of the first of the week again melted the ice. T^e hosnitable country home of Mr. and Mrs. M. A. Sutton at Emerald Park was thrown nnen to a company of guests Thursday evening, when a farewell surprise was tendered Mr. and Mrs. Ed Comiskey. who left on Fridav, after spending several months here. Mrs. B. F. Peck, an old time residents of the Terra Cotta vicinity, died at the home of her son, A. P. Peck. Friday evening at the age of eightynine years. Mr. and Mrs. Leo Blake visited their daughter, Sister Charles Marie, at St. Martin's parish, in Chicago, Sunday. Mr. and Mrs. Joseph Britz of Moline, 111., spent the weekend with her parents, Mr. and Mrs. Jacob Freund. Mr. and Mrs. Vincent Elshoff returned to their home in Springfield, Saturday, after a few days visit in the home of their son, Carl Elshoff and family. The James Thompson family were guests in the Robert Wayman home in Arlington Heights Thursday. Mr. and Mrs. John R. Freund visited in the* home of their daughter, Mrs. Jay Seymour and, family, in Wheeling. Thanksgiving. Winn Pierce spent a few days last week in Dixon, where he was called by the death of a niece. Mr. and Mrs. Leo Blake, daughter, Clarice and Margery, and Janet Young were Racine, Wis., visitors Saturday. Mr. and Mrs. Albert Rosing of Libertyville called on McHenry relatives Sunday. Mr. and Mrs. Pink Gorman and Miss Irene Gornflo of Woodstock and Mrs. Lillian Hopperstead and Gail of Ridgefield were Thanksgiving guests in the John Engeln home. Visitors on SundajSji^ere >Mr. and Mrs. Lor Dangler and daugh- V of Wonder Lake. r. and Mrs. Roy Madden and son of Antioch and Mrs. Gertrude Justen spent Thanksgiving with the latter's son and family, the Rollin Justens, of River Forest. Mark Vycital, son of the Charles Vycitals, and Terry Brady, son of the Harry Bradys of Lakemoor, returned Monday to their studies at the College of St. Thomas in St. Paul. Minn., after spending their vacations at their respective homes. Terry Long was home from Sacred Heart academy at Lisle to spend the Thanksgiving holiday with her father, OdilOn Long. Mr. and Mrs. George Kane a n d T h o m a s K a n e s p e n t Thanksgiving with their sister. Mrs. Ella Rosencrans, in Berwyn. Mr and Mrs. Louis Rothermel of Peoria, III., visited in the home of the former's sis- 1er and husband. Mr. and Mrs. Ben Justen. recently. They also called on their nephew and fami'.v, Mr. and Mrs. Leo Rothermel. Mr. and Mrs. Robert Becker of Crescent Drive entertained Mr. and Mrs. Joseph J. Miller of McHenry and Mr. and Mrs. William Morgan and family of Elkhorn, Wis., for Thanksgiving dinner. Clarice Purvey,and family of Crystal Lake were afternoon callers. LICENSE ACTION Secretary of State Charles F . C a r p e n t i e r a n n o u n c e d t h e revocation of the drivers' licenses of George Griswold and Albert Wood, both of Woodstock. for driving while intoxicated: also the suspensions of the license of Rudolph Carra and Jack McAdams of Algonquin. and Ben J. Slove of McHenry for three offenses and Alfred Jensen of Huntley and Charles Jenkins of Harvard for causing or contributing to an accident resulting in death or injury. William Caton of Crystal Lake was issued a proba- T R A D E S 3 bedroom waterfront home on extensive well kept grounds. Crab orchard fireplace. Gas heat. Oversized 2 car garage. $21,500. Will trade for 4 bedroom home in suburb near Chicago. 4 bedroom face brick and frame home with full basement. Gas radiant heat. 2 car garage. Will take 2 bedroom home as ; COVER part payment. $27,000. land down) or short blasts for 2 apartment home, close in. Well treed lot. Near shopping. | three minutes. Oil heat. Will trade for suitable smaller home. $27,000. I ^ » t T , ___ YOUTH SENTENCED CALL MR. HEINEN j Charles R^ert. 18. of Crys- _ oc-or7 Lake was sentenced >o EV. 5-2527 | ninety davs in county jail and BAIRD & WARNER, Inc. fined $300 on Monday of this j sey. who lives in the old family ' 3i week after being found guilty home in Richmond, for this in- . : , on the first count of an information charging him with driving a car while under the influence of liquor. The charge resulted from a fatal accident early in October in which Lar- SHOREWOOD DRIVE | ry Ketchum. 16. a passenger in Near Dutch Creek on the Fox River. A lovely 3 bedroom,' pjarrv nven TWENTY-FIVE YEARS AGO Taken From the Files of Nov. 22. 1934 Lee K^'cher, 55 years old, popular C-reen street barber, died in Wooster Lake sanatarium Nov. 1n< offer a serious illness of several weeks. In a quiet, peaceful spot none other than a little rural cemetery, near Solon Mills, sleeps a composer and song writer of note, perhaps unknown to the younger generation but who will be remembered bv older inhabitants as Dr. Sanford Fillmore of Richmond, writer of that immortal song "In The Sweet By and Fv". We are indebted to his daughter, Mrs. Frank McAs- The Pentagon in Washington, D. C., has more than three times the floor space of the Empire State Building. SOMEBODY CARES At an orphanage in Korea, children utlgr prayers of thanks for the food, sent to them by Americans through CARE. Goal of the holiday-season CARE Food Crusade .campaign is to send 4 million packages of U.S. farm foods and other staples, at $1 per package, to orphans, refugees and other needy people in fifteen countries. Contributions may be sent to: CARE Food Crusade, 1 South State Street, Chicago 3, 111. COURT BRIEFS I tree .saw off about an inch of j the trunk. 3. Keep the tree away from summons or : sources of heat (radiators, for example), and put its base in a There were no tickets issued by the police de partment during the past week, watercontaining holder The police received a call during the week regarding teen-agers chasing younger children from the city skating pond. LAND PRICES UP 6 PERCENT WITHIN YEAR The theft of a battery from a car parked in a garage on Green street was investigated by officers. HIGHWAY. HOME PRIME HOLIDAY DANGER SPOTS The highway and the home are the prime holiday danger spots, the National Safety Council emphasized this week. With just a few weeks remaining until the holiday season gets in full swing, the Council took a look at the record: 1. Thousands of persons injured in traffic and home accidents during the year-end holiday. 2. More accidental deathjs'liv December than in any^j^ther month. 3. Holiday spirits -- the kind found in a bottle -- emerging as one of the big accident causes, especially on the highway. The Council pointed out that drivers have a moral responsibility to keep themselves and others safe from accidents. When they cause an accident because of drink, it said, they are guilty of violating a commandment. Major holiday home hazards were listed by the Council as: 1. Slips and falls. 2. Fires 3. The hustle-bustle of the season. Falls, the Council said, are caused in a variety of ways -- toys scattered around the floor, climbing too high to hang decorations. using a chair instead of a stepladder for climbing, ice on steps and sidewalks. The fire danger, said the Council, can be reduced if holiday decorations are fireproof or fire-resistant. The decoration that deserves the most attention, it said, is the Christmas tree itself. It suggested: 1. Don't buy your tree too early. When you do get it, keep it in a cold spot till ready to use. 2. Before setting up the HELPS TB FIGHT WATCH FOR THE GALLAGHER SIGN 311 FAIRWAY DRIVE his brother, was killed when that car collided with one operated by Ritzert. WANTED: 3 or 4 piece string band. Good location. . Good dance floor. Apply at the Volo House in Volo. 31 WANTEEf^- Ride to Chicago Loop or handy to bus. Working hours 8 to 4:30. Phone EV 5- 2880. 31 brick Ranch home with heated garage. 67feet of frontage, steel and cement sea wall, permanent pier. Beautifully landscaped. Screened and glazed porch. Only $25,500.00. HOSPITAL CONFERENCE Changes in hospital service Quality 3 bedroom, lVj ceramic tile bath stone and frame "brought on by new social Ranch. Full basement. 2 fireplaces. Built-in electric kitchen.: medical and human Sunken patio 2 car attached garage. This is a custom-built; tions." will be investigated by home on an extra large lot facing the 5th fairway. Luxurious j hospital leaders at a two-day carpeting and draperies included. Can be purchased with low j conference on "Our Changing down payment on contract to responsible buyer. ! Hospitals." to be held Thurs- ' day, Dec. 3. and Fridav, Dec. A Hn. fXAT T AfTRFR , c4o ]na t int hSep rHinogtf^ie lAd br^aha mco nLfeinr-- AND ASSOCIATES J ence will be part of the thirty- JINNY GALLAGHER EVergreen 5-1629 j seventh annual assembly of ANN ZAHN , EVergreen 5-3080' thp Illinois Hospital associa- 31J tion. it was announced by Ray ! I E. Brown, president. formation. Ray McGee. clerk of McHenry township, was elected president of the newlvvorganized McHenry County Road Officials' association at a meeting, in the. court house, at Woodstock Thursday evening. The thrill of achievement has again been felt by John F. Claxton, 77-year-old genius and violin maker, who this time has completed a lelescope. On Wednesday nieht of last week, a clear evening with a eondi- | cloudless skv. Mr. ClaxTon knew he had reached his goal when he gave the final test and focused his lens upon the moon 25.000 miles away, bringing it vividly to the eye. Miss Emma Batting of Chicago and Mr. Peter Gies were united in marriage in Chicago Nov. 10. They are making their home in the Gritzmacher building in the flat back of the Mr. Gies' shoe repair shop ftrcifs Robin Roberts, one of Illinois' famous sons, and star pitcher for the Philadelphia Phillies, will lend a hand in the fight against tuberculosis in his home "state of Illinois this year. Robin has accepted the appointment as honorary 1959 state Christmas Seal chairman. Robin joins another famous big league star. Red Schoendienst. a member of the Milwaukee Braves, who has been appointed national honorary chairman by the National Tuberculosis association. Farm land prices continued their upward climb this past year. Latest available figures are for July. At that time average prices of Illinois farm land were up 6 percent from year-before levels. The United States average was also up 6 percent. Compared with 20 years ago (1939), both Illinois and U. S. land values have . more than tripled' (Illinois, 3.8 times; U. S., 3.4). The rise in U. S. land prices has been almost continuous since 1943. In this period o£ sixteen years, there were only iwo short periods of declining values. One was during the recession of 1949-50, just before the Korean war. The other was in the recession of 1952-53, just ^ter the Korean war. Many "explanations" a r e given for the rise in farm real estate prices. Some people point to the demand for land for non-farm uses--highways, residential sites and industrial uses. Others say that city business and professional men are bidding prices up. Still others list the need for farmers to get more land to make better use of their machinery and labor. The simple fact is that land has been a good investment -- even without y^ood management. Ours i/ a high-income nation. We /nave substantial savings to invest each year . . . each week . . . each business day. The total amounts to 20 or 25 billion dollars a year. People can put their savings into government securities, a bank, a savings association, a life insurance company, etc. But they are not really investing them until they spend the money to buy a home, a factory or a farm. Americans once thought that bonds, especially government bonds, were the safest investment. But now that they have learned something about inflation, they do not want too many bonds. With inflation, the corporation stock market has gone up. But some stocks go down even while the general trend is upward. And no one knows when the stock market may begin a general decline. So investors do not want a full loa4p>of stocks either. Small private businesses are another possibility for investing savings. But most of them are unprofitable and are not recommended where security is important. Thus many people with savings to invest eventually look to farm land as a good place to put their money. It has been a much better investment than bonds and other fixed dollar securities. It is more profitable than most small nonfarm business. Its value is more dependable than that of corporation stocks. Farmers themselves are the biggest buyers of farm land. In the 12 months ended March 1, 1959, they bought more than three-fifths of all the farm land sold. Farmers buy aprfl ownTnost of the land in tKe less productive areas of rhe country. In the more productive areas, there are alwavs som? farmers who make considerably more than they need for living expenses. The excess is generally invested in equipment, livestock- and farm land- I.. H. Simerl Department of Agricultural Economics During WW II American submarines .rescued 504 downed aviators in enemy controlled waters.

Powered by / Alimenté par VITA Toolkit
Privacy Policy