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"I' ' « - * iirt»i*L»unL.£,h - r nlUA 1, Ut 1 UDtK 8. u tdoin Us InW)rship v im tuc ru i iDTi i r>F -- IN THE CHURCH OF YOUR CHOICE Basis Contracts Explained RINGWOOD UNITED METHODIST CHURCH Ringwood, III. Pastor Gordon Smith 653-6956 The Church of St. Mary of the Assumption 1<®3 N. Richmond Rd. McH*nry 385-0024 R«v. Jomti C. Goynor, Pastor Rov. Jamot Novak, Asst. Prlact Rov. Waltor Johnson, M.M. Rov. Stanloy Ryxnor Rov. C. Alfred Diottch Sot. Evo. Mast 5 PM Fulfills Sunday Obligation Sunday Mas>o> 6:30, 8:00 9:30,9:49, 10:45 i 1:00 12. McHenrylvangelical Free Church 3031 Lincoln Road 344 1111 Church Pastor Roy Wisner 1-653-9675 . Sunday Sorvico 10:30 Sunday Evo Sorvico 6:00PM Sunday School 9:15-10:15 St. Francis Polish National Catholic Church Flanders Road East of Ringwood Road Sunday Massos - 11 AM - Pastor Father Josoph Brzok Maranatha Assembly of God Pastor . Lawrence Thompson 1309 N. Court St. 344-0557 Sunday School 9:30 Worship 10:45 AM;. 6:00PM Wonder Lake Bible Church Phone:728-0422 or 728 1687 7501 Howe Drive Wonder loke. Illinois Merle D. Conklin Pastor Sunday: Sunday School 9:30 AM Morning Worship Service 10:50 AM Prayor Hour-Wed. 7:30PM First United Methodist Church *09 W. Main Street (j/ptrch phone 385-0931 Thomas lowery. Pastor Parsonage phone 385-1352 Sunday Sorvico 9:30 a.m. Church School 10:45 a.m. Faith Presbyterian Church 2107 West Lincoln Road (Across from outdoor Theater) Worship: 8:30 8 10:45 Children t Adult Sunday School 9:30AM Bible Study-Weds. 9:30AM Pastor: Dr. Eric J. Snyder Phone: 385 5388 or 385 8460 Nursery Services Available Home of The Joyful Noise Christian Preschool St. John the Baptist Catholic Church Johnsburg Rev. Leo Bortel. Pastor Rectory Phone: 385-1477 Sat. Eve. Moss 5:30* 8:00PM Fulfills Sun. Obligation Sun. Masses 7.9 10:30 g 12 NOON Weekdays 7:30 A 9 Sat 8 a.m. First Baptist Church 4918 E. Wonder Lake Rd. Wonder Lake, Illinois Phone:728-1091 Pastor - Dennis Shaw Sunday Worship 11AM Bible Study 10AM Wednesday Prayer and Bible Study 7PM United Methodist 1015 W. Broadway Pistakee Highlands Church phone:312-497-3805 Linda Misewici- Porconto, Pastor Parsonage (312)497-3024 Sunday School: 9:15 a.m. Sunday Worship 10:30 a.m. Church Of God Wonder Lake. Illinois 4010 Westwood Drive Wonder Lake 815-653-9980 Janie A. long. Pastor Morning Worship Service 11:00 a.m. Evening Prayer Service 5:30 p.m. Sunday School 10:00 a.m. The Evangelical Lutheran Church of All Saints 312 587-7727 (OHice) 312-497-4527 (Pastor's Office) Rev. J. W. Hughes. Ill Sunday Schedule: Worship Services 8:1 SAM and 10:30AM Sunday School 9:15AM Chain O'Lakes Evangelical Covenant Church 4815 N. Wilmot Road Rov. Mitchell Considino Worship Sorvico 11:00 a.m. Sunday School 9:45 a.m. Church phono 497-3000 Parsonage 497-3050 St Paul's Episcopal Church 385 0390 3706 W.St. Pauls* Green Rev. Wm. H. Morley. vicar Sunday Services 8:00AM Holy Eucharist 9:00 a.m. ChrUtlon Education 10:00 a.m. Family Evcharltt Nursery provided Wed. 9:30AM Holy Eucharist Holy Days os announced ATTiance Bible Church 3815 W. Bull Valley Rd Rev. Gerald Robertson Pre-Service Prayer 8:15AM First Worship Service 8:30AM Sunday School 9:45AM Second Worship Service 11:00AM Choir Practice 6:00PM Evening Service 7 00PM Wednesday Bible Study * Proyor 7:30PM Christian Science Society Lincoln Rd. and Eastwood Lane Sunday Service & Sunday School 10:30 Wed. 8 p.m. Reading Room Tues. * Thurs. 2-4 Saturday 11-12 Noon George R. Justen Funeral Home 3519W.ELM STREET McHENRY 385 2400 Glaviano's Interiors 414 S. ROUTE 31 McHENRY 385-3764 Brake Parts Co. P.O. BOX 11 McHENRY 385-7000 Ace Hardware 3729W.ELM STREET McHENRY 385 0722 McHenry Track Line, Inc. P.O. BOX 575 McHENRY.IL. 3B5-0712 Zion Evangelical Lutheran Church (Missouri Synod) 4206 W. Woukegan Rd. (. Rto. 120) Rev. Hermann F. Graef 385-0859 385-1616 Sunday Worship 7:45 ( 10:30 Nursery Services provided at 10:30 Education for Eternity Sunday School Children and Youth 9:00 a.m. Ringwood Methodist Church Ringwood. Illinois Pastor Gordon Smith Res. 648-2848 Church 653-6956 Sunday 9:15 a.m. Church School at 9:45 a.m. McHenry County Friends Meeting (Quaker) 1st * 3rd Sunday. 11:00 a.m For information call 385-8512 or 312-6*3-3*40 Christ the King Catholic Church 5006 E. Wonder Lake Road Wonder Lake. Illinois Sun. Massos: S. 10 a.m. and Noon Sot. EvenTng Mass 5:00 p.m. Fulfills Sunday Obligation First Baptist Church 509 Front St. 3*5 00*3 Bible Study-Sunday School 9:30 a.m. Worship Service 10:45 a.m and 7:00 p.m. Wednesday Prayor Service 7:00 p.m. Nativity Lutheran Church 3506 E. Wonder Loke Rd. BOK 157 Phone 653-3832 Wonder Lake, Illinois Sunday Worship 8:00 a.m * 10:30 a.m. Sundoy School 9:00 a.m. (Nursery Facilities Available) United Pentecostal Church 258 Sunnyside Lokemoor Rev. Nolan Hilderbrand 312-279-6289 Sunday 9:45 a.m. * 6:30 p.m. Wednesday 7:30 p.m. Bible Study Friday 7:30 p.m. Youth Service Freond Funeral Home 7611 HANCOCK DRIVE WONDER LAKE 1-72* 0233 McHenry Savings & Loan 1209 N. GREEN STREET McHENRY 3*5-3000 First National Bank 3*14 W. RTE. 120 McHENRY.IL. 3*5-5400 McHennr Plaindealer 3812W.ELM STREET McHENRY 3*5-0170 McHenry State Bank 3510 W. EtM STREET McHENRY SL Patrick's Catholic Church Rev. Edmund Petit, Pastor Sat. Eve (Sunday obligation fulfilled) 5 p.m. Sunday: 7:15. 8:30.9:45. 11 * 12:15 Church of Christ 1304 N.Park St. McHonry, II. Worship 9:00 a.m. Bible Class 10:00 .am. Phono: *15-344 0547 or S15-3S5-S667 Church of God of McHenry (Pentecostal) 3813 John St.. McHenry. II Sundoy School 10:00 a.m. Morning Worship 11:00 o.m Sundoy Evening 6:00 p.m John East. Pastor Phone 385 1304. 344 3950 Shepherd of the Hills Lutheran Church 404 N. Green St. Rev. Roger W. Schneider Phone 385-7786 or 385-4030 Sunday Church 8:30 i 10:45 Sundoy School 9:15 Nursery Services Available Peter M. Justen Funeral Hone 3807W.ELM STREET McHENRY 385-0063 This space available to advertisers for pennies an issue. McHenry Paint, Glass 34iiW.ELM STREET McHENRY 3*5-7353 Mitchell Sales, Inc. BUICK • OLDS 903 N. FRONT STREET McHENRY 3*5-7200 Coast to Coast Hardware 4400 W. RTE. 120 McHENRY MARKET PLACI 3*5-6655 by Brian Sager, Extension Adviser, Agriculture The current low level of corn and soybean prices suggests that many producers are reluctant to sell large quantities of their 1962 crops. Retaining ownership of most of the expected production creates two problems. First, because of the large supply of grain, storage space will not.be adequateJko hold ,"afl the grain thht some far­ mers want to own. Second, storing most of the 1962 crops could put pressure on the cash flow situation for some farmers. According to Dr. Darrel Good, University of Illinois agricultural economist, several alternatives are available to producers facing one or both of these problems. If storage is available but cash flow is a problem, eligible producers can use the CCC loan program. All producers are eligible for the soybean loan program, but only those who participated in the Reduced Acreage program are eligible for the corn loan program. Producers who want to own more grain than they can store may have as many i as three op­ tions: grain could be soljd at harvest and replaced with futures; grain could be delivered on a price-later con­ tract; or grain could be delivered on a basis contract. In all three cases, the title of the grain is transferrecd to the buyer, but the seller retains the right to price the grain later. Basis contracts have become a popular option for many producers. is Your CHUCK IEWANDOWSKI 1308 N. PARK McHENRY 385-2304 AUTO mm mamss MOUTH an Amefican Fwnrfy Mutual insurance Co Maditon w.s Under a basis con­ tract, the buyer and seller agree that the price paid to the seller will be the price of a specified futures on the day of the: seller's choosing, minus the basis that exists at the time of th* contract. That is thebaifts is fixed and pricing is baked on a specified futures con­ tract . The popularity of such oontracts has when buyers havte""offered a partial payment to the producer at the time of delivery. Typically, the payment might consist of 80 percent of the cash price at the time of delivery. The balance, if any, is paid at the time of pricing. v Producers sometimes view basis contracts as a costless way to retain ownership of grain. However, the producer who delivers on a basis contract will not benefit from a narrowing of the basis during the storage season. In addition, interest costs would be incurred on the 20 percent of the cash price that is not received at delivery. An example of this would be that on Sept. 2 the cash price of new crop corn in northern Illinois was ap­ proximately $1.96 per bushel. July 1963 futures closed at about $2.63. The July basis, then was 67 cents ($2.63 minus $1.96). A basis contract entered into on Sept. 2 might call for corn to be delivered at harvest, with pricing to take place anytime before June 30, 1963. The price paid would be the July futures price on the day of pricing minus $0.67. An advance payment of $1.57 per bushel might be made to the producer. What is the cost of this contract to the producer? The cost is the magnitude of basis improvement after Sept. 2 plus interest on 39 cents ($1.96 minus $1.57). If, as last year, the July basis narrows to 40 cents by the first of January, the basis cost would be 27 cents and interest cost would be about 1.5 cents. By June l, 1983, the basis could be as narrow as 15 cents if last year's pattern is repeated. The basis cost then would total 52 cents, and interest would be 4 cents per bushel. Ownership of grain under any conditions is expensive. With a basis contract, the cost is less obvious. The important thing to remember is that the seller has forfeited any gain from basis improvement. And the producer gains only if futures prices go up Treating an Ethnic Disease Two man-made amino acids first studied nearly a generation ago by Texas A A M scientists show pro­ mise as a treatment for Coo- ley's anemia -- a hereditary blood disorder that affects people of Mediierranian an­ cestry. The compounds are called iron chelators and re­ move iron from the blood. In its more severe form, Coo- ley's anemia leads to death before age 21 because its vic­ tims are unable to transform iron into hemoglobin. farks & Recreation Ballet, jazz, tap, creative movement and jazzercise classes are being offered by the Park and Recreation Department this season. There is still time to sign up. Classes will begin the week starting Oct. 13 and are being held at Parkland Junior high. Rosemary Kondritz is the in­ structor. Creative Movement Ages 4 to 6 This class is designed to stimulate imagination, perception, self- expression and confidence and have fun,:. too! Saturdays 8:30-9:30 a.m. (a tentative weekday might be scheduled). . ' Ballet I - Ages 6-15 Basic anatomy of ballet technique for early grade beginners. Tuesdays 4-5 p.m. or Saturday 9:30-10:30 a.m. Ballet II Children with 2-3 years previous ballet training will enjoy this class - a continuation of Ballet I. Friday 4-5 p.m. Tap I -Ages Tap dancing for early grade beginners. Tuesday 5-5:45 p.m.; Fridays 5-5:45 p.m. or Saturday 10:30- 11:15 a.m. American Jazz Dance - Ages 8-15 , This class is designed to encourage body strength with a "free-style" movement. It will focus on the fun­ damental jazz form. Monday (good for teens) 6-7 p.m. or Saturday 11:15 a.m.-12:15 p.m. Adult Beginner Ballet Basic ballet class will strengthen, slim, tone and add agility - Great exercises • Wednesday 7-8 p.m. _ ,T - . fr Adult Jazzercise for Body Slimness! A great work out - Body Therapy and fun! Monday evening 7-8 or Wednesday evening 8-9 p.m. There will be a recital in May for all the dancers. Those interested may sign up now as there are still openings. ~ Voter League Forms Study Group On National Security Men and Women 'doves' and 'hawks', and those who are on the fence, are invited to join a study group to evaluate the United States national security policies, their impact on the domestic program and relationships with other nations. The Woodstock McHenry League of Women Voters encourages all interested west McHenry county residents to join this study group the fourth Wednesday of every month until April at 8 p.m. in a committee member's home. The group will initially meet to define the nature of national security and its relationship to military spending. Future plans are to assess the impact of U.S. military spending on the nation's^ economy and this country's ability to meet social and environmental needs, and then to determine the effects of U.S. military policy on U.S. relationship with other countries. The league feels many have emotional responses to this critical issue, but that few have informed unemotional responses. In this study group, members will explore many points of view in order to intelligently discuss this vital issue and broaden their scope of knowledge so that they can approach a decision with a clear sense of what is at stake and what arguments and interests lie on each side. The league said that today it is commonplace to hear that the military balance is shifting to the Soviet Union. Secretary of Defense Wienberger says the U.S. goal is "net to spend too much on defense, but to spend as much as we need." 'Hawks' (advocates of military spending) argue that if the U.S. had an equivalent or superior counterforce capability the Kremlin could not consider a 'first strike' option and would be deterred. The 'Doves' argue that preparation to counter nuclear war makes nuclear war more likely. If interested call 385-3254. Mission Conference Slated At Evangelical Free Church "That All Nations Might Believe and Obey" is the theme chosen for the 1982 missions conference at the McHenry Evangelical Free church to be held Oct. 15-17 at the church. Bob Beversdorf and Ralph Hill of Wycliffe Bible Translators will open the conference Friday, Oct. 15, at 7:30 p.m., giving a translation demon­ stration and a multi-media presen­ tation. Saturday, Oct. 16, following a potluck supper at 5:30, Jay Ter Louw of the Slavic Gospel association will discuss Eastern Europe. The church's missionary candidates Dennis and Robin Rynearson of McHenry also will be featured. Sunday, Oct. 17, at 9:15 a.m., Mr. Beversdorf will address the adult Sunday school. Richard Shumaker of Slavic Gospel association is the scheduled speaker at the 10:30 wor­ ship hour. Ron Brett, assistant director of The Evangelical Alliance Mission and former missionary in South Africa, will speak at the 6 p.m. service, Sunday. The Evangelical Free church is located at 3031 Lincoln road. Babysitting will be provided for all meetings. v Business Seminars Offered v> At McHenry County College John Maloney, popular mid- management industrial training specialist, is returning to McHenry County college this fall with two new seminars he has not offered in McHenry county. The new seminars are "Increasing Productivity through Better Use of People" on Saturday, Nov. 20 and "Modern Supervisory Techniques in Problem Solving" on Saturday, Dec. 4. They are part of a package of six seminars MCC offers and Maloney instructs. The first seminar in the series was Oct. 2. All six of the seminars are designed especially for middle management industry personnel to give them skills in order to do a more effective job. For more information on fees and registration, call MCC at 455-3700. The only survivor of the Battle of Little Big Horn, where Custer made his last stand, was the horse Comanche, whose embalmed body now stands on display at the University of Kansas. JOHN L FREUND t FREUND FUNERAL HOMES •WONDERLAKE [ 7611 HANCOCK DR. I1S-72M233 COOPER-FREUND • MARENGO 205 N. STATE i •15-56t-7345 ; Where will your family be Sunday? "But as for me and my house, we will serve the Lord" (Josh. 24:15) CHURCH OF CHRIST Smites CHRISTIANITY IS NOT JUST A RELIGION IT IS A RELATIONSHIP! COME LEI US WORSHIP GOD TOGETHER THIS LORD'S DAY. Church of Christ 1304 N.PARK STREET McHENRY, ILLINOIS CALL 344-0547,385-8667 WORSHIP & COMMUNION 9 AM • BIBLE CUSSES 10 AM Avoid Delay In VA Checks The Veterans Ad­ ministration has some suggestions to help students avoid delays in their VA education payments. Every month 600,000 VA checks worth more than $200 million are mailed to veteran- students and to eligible dependents, and the agency wants to do everything possible to avoid delays. In an attempt to avoid possible delays, the VA suggests the following: ...When a student feels the initial payment for Sunday Worship 11 a.H*Biblc Study 10 a.a. Sunday Evening Worship 6 p.m. Wednesday Evening Worship 7.-00 p.m. Raymond T. Exum, Minister 401 N. Oak St., Crystal Lake ^T/j^locJ^orth^ofJlou^ 2304 W. Church St. Johnsburg, Illinois 60050 •15-385-3959 We offer a quality program for 3 and 4 year old children. If you are interested please call. _Wej3njyJx)ve a few openings. the school term has been delayed, he or she should check with the school to find out the date the enrollment certificate was sent to the VA. At least four weeks should be allowed from that date before an education check can be expected. ...If an advance payment check is ex­ pected, the student should make sure the r equ i r ed wr i t t en request was signed. The specific request for the advance money should have been submitted to VA at least a month before the beginning of the semester. ...Students who have go t t en educa t ion benefits in the past should consider whether an overpayment is outstanding. If an overpayment exists, current benefits are withheld until the ove rpaymen t i s recovered by the VA. For further in­ formation on possible education payment delays contact the nearest VA regional office. Toll-free num­ bers are listed in the white pages of the telephone book under "U.S. Government".