‘A a, i ne |
A | DALLAS, PENNSYLVANIA THE DALLAS POST, THURSDAY, OCTOBER 13, 1966 SECTION B — PAGE 3.
~ | Babson On... La Oy ol
*4000. CASH
ek-
63. 0 THE BOND MARKET
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nes The other day we were talking n
with the partner of a large financial WH
oe house. He said they had been look-
{
| ing for an experienced trader of
bonds for better than a couple of
| months. A number of prospects were
3am, | interviewed; but, long on ambition, |
mn | they were very short on the chief |
3 guelification; experience.
BACK IN FASHION AGAIN
Actually, it is no wonder that ex-
perienced bond men are scarcer than
hen’s teeth. Common stocks have
been all the rage with the average
ihe individual investor ever since the
end of World War II . . . and for a
spell even before that. Banks, in-
i surance companies, and some trus-
Ei tees; were the only ones who had:
3 ” 2 much interest in bonds. As a matter
of fact, even they bought more from
necessity than from their love of
START PLAYING EXTRA PRIZE SLIPS!
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(BONUS (BONUS
| BINGO BINGO
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PROGRAM #136 PROGRAM #136
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to in NO PURCHASE NECESSARY! i =oysmner
lay Dring thoi tist bis war thasGew. Drs i Wy NN a WW Wl ey RE SLE Bh Bl a Te ls ho |
ea- ernment and the Treasury, on the Ask For Your Free Bonus Bingo Prize Slip On Every Visit To Our Store . . . One To Each Adult Only. 4
ur one side, and the Federal Reserve (C) Copyright W. J. Jeffery 1964—All Rights Reserved Strategic Merchandising, 90 Park Ave, N.Y.C. :
vill Board, on the other side, co-oper-' o
yd ated 'to keep interest rates low to J N $500.00 WINNERS
for hold down the huge expense of a 3 000 WINNERS Virginia Fellin
: soaring federal debt burden. This Mis. Marcells Kicboskat, Hazleton, Pa. 3
tho \ “accord” was highly inflationary . ..| 1201 'Biir. Ave: Scranton ® A
nd Done every ie hey Fee Dosen ° " W. L. Burkholder f
nds to suppo: © nd market, : : Shamokin, Pa. al
0 it filled the banks fuller and fuller Me Anthony Rogish pi Wp ae
A. of loanable funds. At the end of cof ., Wilkes-Barre f
m- the fifth decade, this accord was] ® Mrs. Sem, Vin Baran
er, scrapped; interest rates started a "Eloanof. Serhan ig . DEPOT ST. i
ee- long climb, and bonds went into Forty Fort, Pa. Mes. Sophes D" Alfonse WILLIAMSPORT j
er, a secular slump from which they ° Pooralo, = PENNA.
er, have not yet emerged. Peden Vide JOHN GOCHALLA Cenige. Sochiovia ®
nd of 6% on bonds gre not pd #o N. James St., Hazleton, Pa. Oak St., Taylor, Pa. John H. Kinney
find, and these handsome returns VD omeoort
rp have attracted buyers who never \ port, Pa. a
a. re bought bonds. In a werd,
% a nd $100. 00 WINNERS ba 50:00 WINNERS
BUT WHAT ABOUT INFLATION? Jean Ellex : |
yo- ‘With the exception of a short Tamaqua, Pa. Mrs. Ralph Mummy |
LY period toward the end of the 1950s, 6 Mahanoy City, Pa.
at . those who bought bonds during and Frank Stanley 4 9 3
after World War II have had a very McAdoo, Pa. ules eda
Test bite, . First, most of the Pa,
3 Ear oe Dow i
; rates . . . ranging from around 2% Loken op Si Blben ii |
ig | to something over a Bsa { ® ® » Pa. :
5 as interest rates moved higher, the ; ; i
older, lower-coupon-rate issues fell Sin Schagtree a Jefmowski : i
e in price. Second, during most of ; rackville, Pa. ’ . 2 y
ve his Period, tor Pe MR. JOS. BOGETTI ® Mrs. N. P. Durkin CHESTER WELEBAB 1
d somely . . . making bonds look like 1011 W. Pine St., Mary Turek Dalton, Pa. Wilkes-Barre, Pa. |
te 2 a very poor second choice indeed. Shamokin, Pa. Jim Thorpe, Pa.
al Third - and most damaging to the Pair a .
— at 1 HERE ARE A FEW $20.00 WINNERS! HERE ARE A FEW $10.00 WINNERS!
- Se aes interest received bought Mrs. Lorraine Krolick .................. Mahanoy City, Pa. | Pat Zimmerman rR fiSunbury, pos
less and less and the purchasing Eleanor Kropp ......ccccoceeeevinninnns Mount Carmel, Pa. | George Underwoo Rai hin sss sateen i arg, pss
power of the bond when paid off Alice Jackson oil iii bi sh. Bloomsburg, Pa. | Frances Gorden ................ errs cranton, Pa.
at maturity was far below the pur- _ PLUS MANY WINNERS OF $5.00 COMING IN DAILY! EL ade i
chasing power of the original in- |
vestment. 7 :
The recent swift rise in. the ) TL a ely i |
| coupon rates on best-quality bonds - It Sone of many. .
Bl to 67% and even higher - is giving No SUPER-RIGHT QUALITY :
, | the buyer a good current income COPYRIGHT © 1365, THE GREAT ATLANTIC & PACIFICTEA €O., INC. 7 Q |
"| and lessens the danger of any future creme] :
3 ‘1 fall in the prices of such issues. BONELESS
Many will tell you that the threat ali par ae i DCR a BR Lek
| of inflation, of further advances in I . \ R OUN D
. | the cost of living, makes bonds still NATIONAL APPLE WEEK! U.S. NO. 1 GRADE “A"
unattractive; but this fear may be!
unwarranted today. At present low
quotations for many sound bonds, all
their owner has to do is purchase
3 Melotish grnne SES [| oman o Cube Steal 99
? »* J foe ot a discount and hold them ; Cortland ; oo Steak & Roast AONE Lh. Swiss Steaks + 89¢
A Tt a Red Delicious 3 50; #9C HIGHER! TRESH GROUND
9% capital. This method of Si Cut From
3 A gainst inflation’ was not available GOLDEN NUTRITIOUS NONE PRICED HGHER! Beef Round Ab. : Cc Reef Round 1h. 89¢
Jdhen 3% bonds were selling close |
ANANAS 10°): Bo
5 SUPER-RIGHT QUALITY BONELESS OR ROUND BONE
: Chuck Roasts . . "69c
to 100. And the competition from |
stocks - even after their recent
"APUDIA PUR SEI[EQ UT SIOIRN-JodNg JIV [FW ‘Ql 32q0joQ ‘AepImug YInoiy) 2AN00jR Pe SITY) ul S01
1) - t great, since
by HE * “ne pois issues now ; Lean Slab Bacon 5 4 9¢
l yield only 3%-4% os
nd TAX DN sid RED RIPE TOMATOES s00c0600 00 CUT FROM FRESH FRYERS SUPER-RIGHT QUALITY Bacikival
ere seems 1ttie ow 5 ™
Congress vl] is all x io FRESH WHITE Dei Chi cken Legs of Sh Ib. 49c Calves Liver Lb. 39¢ b 8 A C
for 1967. S ti make ‘tax- °
i | Se Conliloner ...... wus 286 | Burtt) Ponts = 1% | poy York Strip Spooks smn» 51,69 Allgood Sliced Bacon eT
they are now. Once it was thought | . 24.8i ; oii RETR
| aletepyiten funy Western Carrots 2 he 23c | Calif. Celery ..... 5i™ Bc | Delmonico Steaks Sirs .....™ $1.69 V4 Pork Loins i grees 79g
en Mem Bs te Darling's Meat Loaf foxy 251,39 [Lunch Meat wi mw 00% 28c
a 20% to 30% of their taxable in-: Fresh Yams ...... 9 ws. 25¢ Cranberries ...... Yb 3c 9 L Shri She 38 ks $1 4
: | Soo tn Une on na TY L J Fancy Sea Scallops ............™ 69c [Large Shrimp “coun ........." 30
¥ keri en :
al . RE-OX
Many of the tax-exempt obligations i I a o h fs c Y, i .
« |EmEiEm RE ema -njoy Fine Quality and be Thrifty, foo— dni lV
{a be had today at d Z En phy
‘EEEEE | AGP Coffee ..| i 79¢ Olives %r ’+95¢ | 5¢ CANDY BARS |
on the yearly interest while you ge. or -kD.
hold them, and you enjoy the TOM ATOES offee .. rs. (JC UIIVES sma Jar C
favorable long-term capital gains tax
the in : turity. OUR OWN AGP GRADE A HOLLYWOOD 1 Oc
tj Td ner gi 1ONA 1-Lh. Oc L T oo 1-Lb. 948 1-Lb., 13-0z. 39¢ PKG. OF 6
A review of the price movements BRAND Cans J 00Se []1] 6066 Pkg. Cc Sauerkraut Cans i
" re suTana ur AGP SLICED 9) PRESERV E S
; id ith stocks f e -Lb., 4-0Uz. =D.
mars soume and then pwing to saowich COOKIES | Cocktail 402. 756 Red Beets ....4 com DIC | ann pace
Dr CREME 1-Lh., 8-0 Cc ANN PAGE SPARKLE GELATIN " AGP PINEAPPLE Ph. 3 I B 1 00
§ in the discard and stocks in the ' JANE 1-Lh., 8-0z. 39 | 1-Qt., 14-02 ars n
: ascendancy. It is just possible that : PARKER Pkg. D 4 +Oz. 38c JUICE ; 2 Xo . h9¢c & APRICOT
- | recent interaction between stocks |’ pf esseris . bd kgs. ans \ 7
% and bonds may be making the "0 ; ai oA hon
foundation for the building of a new 4 : . v ’ i-Lh. J \ \ J i
cyclical climb in bond prices. a Srachers :: . ue » a Be JANE PARKER BAKRY BUYS! ’ FROZEN FOOD VALUES! DAIRY FOOD FEATURES!
ssorte: = % Pkg. TRI RIRERT TRE STE.
] 3H S144 14-02, - - . eee . KEN & TURKEY A&P Mild (Sharp 8-Oz. 45
1 1 Auxiliary To Meet Nabisco Chips Ahoy 3 E 39¢ | PLAIN 11-ox. CINNAMON {SUGAR 13-ox SULTANA MEAT—BEEF, CHICKEN & arp :
; oe D “5: 2bc || D rs 79¢ || CheeseBars so. 41¢
- [The Donte! c. Phan Lie Keeher Deluxe Grahams code 0 00d te 49¢ onuis e000 of 12 Ww inne Trays 8-0z.
1 1 me 0 - K
i Lic a October 12th, at i Carnation Instant Breakfast ede on 3s DUTCH . a SAVE .10c A&P GRADE A COs Ched-0-Bit Pasteurized Process 2905
"eo fire house. All members are : aa ae c Lb. * -Oxz. 1b.
en, S04 Mell Bh ni 10 ic ons | Apple Pie &: 49c || Orange Juice 4 ‘cn 79C || Cheese Spread ee 95¢c
unt Jemima Pan Bot. J0z
Legal Notice — Penna. Dutch Egg Noodles ..... 5 39¢. | Blueberry Pie ..... .™ 59¢ || Sunnyfield Waffles 5° 10c || Cream Cheese “si Fo hc
NOTICE IS ‘HEREBY ‘GIVEN that : 14-02. x 10-60. ATP rt
Letters Testamentary have ‘been PDQ Instant Chocolate Beads eo pi Jar 49¢ Pound Cake SOLD 1-Ib. 49c¢ A&P Sl. Strawberries Ce 59c¢ Cottage Cheese Cros. Pre. 29c
granted in the Estate of Bertha Gaines Variety Dog Food oun pi 99¢ 3-o0x. : ros Tepe
] 5S Ye: Z, ° ° * -0X. .
A a Johnson's Instant Pride Wax ... ‘a 81¢ | sliced White Bread 2. 41c || ASP French Fries ox 2Tc || Velveeta “cheese spread ic. 1.15
died September 12, 1966. All per- “Johnson’s Glo Coat Floorwax . .!*%. no 83¢ K ZN Ny rr
sons indebted to the said deasten? kt
are requested to make payment an .
Eh BETTY CROCKER | BETTY CROCKER SANKA EADS-O-BLEACH | NESCAFE IVORY DREFT
ms e estate - - : & ,
a without delay to Toe Jon NG 37 lig Si 39¢ INSTANT COFFER DRY BLEACH INSTANT COFFER {£1QUID DETERGENT DETERGENT
eaux and Miners National Bank o Dark €hoc—14-0z. 5 c or » i
a , 8-18 West reamy White—14-0z. PK. Pkg, 8-Ox, | 1-Lb. =) 10-0s. $4.39 1-Pt., 6-Oz. 1-Lb., 2-Oz.
i Penn- Flutty | White—s814-07. To) {Chiquita Banana. Jar 1 49 Pkg. 45¢ ir 83¢ 1 Bot. ad Pkg. ~ 35¢
sylvania. Pe ee A em— a — a ——
Hourigan, Kluger and Spohrer | ; i 3 ;
: 700 a National Bank
Wilkes Base, Pennsylvania J
t \ PE 3 ‘ A ag x p .
£2 \ fA ft i ’ 4 t
0 1 AIT. I AG 2) 4 | i
EARNS EA fa Talia i tii i ag) ifs SR y 2s J 1 . ERE A 2 5h