OCR Interpretation


Arcade herald. (Arcade, N.Y.) 1927-1969, June 11, 1959, Image 9

Image and text provided by Pioneer Library System

Persistent link: http://dev.nyshistoricnewspapers.org/lccn/sn88074478/1959-06-11/ed-1/seq-9/


Thumbnail for 9
Thursday, June 11, 1959 Tri-County Publications; Arcade Herald, Bliss News, Wyoming County: Delevan Press, Cattaraugus County: Sardinia Censor, Holland Review, Erie County Page Nine Roger Babson Reports- BABSON DISCUSSES TEN COMMANDMENTS FOR SMALL INVESTORS A small Investor should first buy a little stock in the best bank in his community. Not only is this a safe investment; but it gives him prestige and a source of advice on financial matters. After buying the stock, he should get personally acquainted with the chief executive officer, who may be the President, Vice Presi­ dent, or Cashier. (1) LIFE INSURANCE AND A HOME Theoretically, if we are enter­ ing into an age of inflation and you are likely to live twenty years or so, life insurance should not be a good investment. You had bet­ ter put the money into a small home with an adjoining vacant lot. However, you may not live twenty years, or even five years, in which case a life Insurance policy would bo your best invest­ ment. (2) BUY WELL-DIVERSIFIED COMMON STOCKS These should be listed on the New York Stock Exchange and approved by your banker friend or by a seasoned investment coun­ selor They should be common stocks of companies without large bond issues or cumulative prefer­ red issues. (3) WATCH LABOR RELATIONS The greatest clouds on the in­ vestment horizon today are creep­ ing Socialism in Government and unreasonable Labor Leaders. Perhaps the safest rule is to buy the stocks of companies which have just been through long and GIRL SCOUTS! IT'S TIME TO REGISTER FOR DAY CAMP AND FUN OUT OF DOORS! Want to Cook? Hike? Sing? Learn New Crafts? Make New Friends? Mail or bring your registration blank and fees to the Girl Scout Office, 2 Main Street, Batavia difficult strikes, with a final settlement satisfactory to all. These companies should be free from major strikes for a con­ siderable time. (4)BUY FOR CASH Put the certificates in a safe de­ posit in the. bank of which you have bought stock. If you have all your stock certificates paid for, and will hold them, you cannot be wiped out when the next panic and depression comes; good stocks always \come back.\ But those who buy on borrowed money or on margin usually suffer total loss. (5) IMPORTANCE OF PATIENCE For every stock buyer there must be a seller, irrespective of the price. Slocks go up when more people are impatient to buy, while stocks go down when more people are impatient to sell. Buy your stocks when other people are frightened and anxious to sell. Fortunes are made by bucking— not by following—the crowd, which Is usually wrong. (^IMPORTANCE OF FACTS Depend upon what the pub­ lished manuals report, rather than upon tips by brokers or friends. You can always consult the man­ uals on file in the Trust Depart­ ment of your friendly bank, free of charge. The Trust Officer will gladly help you . interpret these printed reports. (7) INVESTING FOR INCOME AND GROWTH The small investor should buy for Income and Growth rather than for speculation. 1 believe that the stocks of Public Utilities YOU CAN BORROW WITH CONFIDENCE HERE WYOMING COUNTY BANK AND TRUST COMPANY features a \Protected Payment Plan\ which provides life insurance for the full loan period. Stop in at our PERSONAL LOAN DEPARTMENT for details. We'll be glad to discuss your finan­ cial plans with you and to figure your credit needs. 3% Interest On Savings Accounts COMPOUNDED QUARTERLY 3% Member Federal Deposit Insurance Corporation WYOMING (OUNTYBANK t JRUST (p. WARSAW, jM.Y NORTH JAVA WYOMING offer the best such opportunities. Later on, you can learn to buy for profit. (8) CONSIDER COMPANIES OWNING LAND AND NATURAL RESOURCES The Government can print un­ limited amounts of bonds and money; corporations can print more stock certificates and build more plants; but only God can make more land, oil, gas, and minerals. (9) IMPORTANCE OF CHARACTER The value of stocks depends very largely upon the manage­ ments. This is something you must talk over with your banker The manuals, card files, and other publications of the Trust Officer do not disclose the character of the managements. Managements are apt to be the best in com­ panies producing useful products rather than in the liquor busi­ ness, for instance, or even in com­ panies dependent upon fashion and other Intangibles. (10) IMPORTANCE OF CORRECT TIMING Stock prices have always moved in cycles of several years' duration. Each cycle consists of four periods:—Prosperity, Decline, Depression, and Improvement Your banker will tell you it is unwise to buy for profit in a period of prosperity, as at present, or even In a decline Wait for a depression when your friends are all bearish and the future looks dark. Such a time will come again, to be followed by improv- ment and a period of great pros­ perity. Your Pet... CLARENCE M. KRIEGER EAST AURORA, N. Y. This week I would like to talk about dogs. There are so many excellent books and articles writ­ ten about care and training of dogs that anything I might say would be repitltion of something you have read many times. I thought perhaps it would be more interesting to give some of the breed histories of the more popular dogs. If you enjoy this type of article or If you would prefer something else please write You Pet of this paper We want to write what you like most to read. • The Beagle is the most popular dog today. His actual origin is lost in the mists of ancient days. ' The Romans had dogs that hunted by scent alone. However the Romans acquired many of the sports from the Greeks. By the same token there were packs of hounds in England before the days of the Romans. King Arthur had a pack of hounds that were of great excellence. All these hounds seem to be the forerunner of the Beagle as we know him today Beagles were hunted in the United States previous to 1870. In 1888 the National Beagle Club Was formed and held the first field trial. The Cocker Spaniel dates back as far as 1386 when it was called Spangell and was divided into two groups, land and water. A fur- CHILDREN'S SHOES are our Specialty Infant's - Child's - Teen's Regular or Arch-types 176 W. Main St. C D. HAUL, Prop. How good a housewife would you make? Suppose you traded jobs with your wife. Could you handle what she copes with every day? Before you answer, try it a few days. Planning meals, washing dishes, summoning plumbers, bandag­ ing cut knees, checking the sales for bargains and a few other assorted chores. (You'll wonder how one small girl can do so much and still be so cheerful and so beautiful.) She'd tell you that the telephone is an indispensable helper in running her home. It lightens her load of shopping. Brings help, of all kinds, when it's needed. Lets her know when to expect the breadwinner for dinner. And lets her escape, for a few minutes, from the hectic routine while she compares plights with the homemaker down the block. Actually, when you stop to think about it, it's hard to imagine tackling any job without a telephone close at hand. It helps each of us get more done, more easily, and in less time. Yet, for all it does, the telephone is one of the biggest bargains in anybody's budget. NEW YORK TELEPHONE COMPANY ther division of the land Spaniels on a basis of size. The Cockers and the very small or Toy Span­ iels were separated from the larger. The Cocker got his name from his especial proficiency on wood­ cock. Classes were provided for him at the English Bench Shows in 1883. Field trials were started for him in the United States in 1924. He makes an excellent hunter and equally as good a pet and companion. Originally he is a home lover, trustworthy and adaptable The Weimaraner is a young dog as history is reckoned, dating back only to the early nineteenth century The Weimaraner as we know him today is the product of selective breeding. It took gene­ rations of judicious crosses and line breeding lo fix type and quality In its early career the Weimara­ ner was sponsored by the Nobels of the Court of Weimar Origin­ ally the Weimaraner was used on big game such as wolves, wild cats, deer, mountin lions, bear, etc The dogs were kept almost en­ tirely in the Province of Weimer It was very difficut to get one anywhere else in Germany and almost impossible to a foreign country In order to obtain one you had to become a member of the club before purchasing and agree to abide by the breeding rules. Specimens from all litters that did not measure up physically and tempermentally were destroy­ ed. Therefore the chance of a boom in the breed was nil. There has never been over 1500 speci­ mens in Germany at any time. The Weimaraner was introduced to the United States in 1929 and recognized by the. American Ken­ nel Club in 1943 The same breeding rules have been main­ tained as near as possible as pre­ vails in Germany At present there are 114 recog­ nized breeds by the American Kennel Club. I will list the top ten according to their registration as announced by the Kennel dub for 1958. Beagle, 68,434 an increase of 3%; Chihuahuas, 45,843\ an in­ crease of 135; Poodles, 43,127 an increase of 305, Dachshunds, 40,- 100 an increase of 7%, German Shepherd, 32,451 an increase of 3%; Boxers, 25,303 a decrease of 24%; Cocker Spaniel, 23,321 a decrease of 14%; Collies, 19,833 a decrease of 7%; Pekingese 17,333 a decrease of 5%; Boston Terriers, 14,165, a decrease of 6% The American Kennel Club has j-toeen protecting the accuracy of dog breeding records since 1878 and in that \time has registered more than six million dogs. The Beagle has been in top place since dethroning the Cocker Spaniel in 1953. There were 446.625 dogs regis­ tered by the Kennel Club in 1958 and 207,520 litters estimated to to total 975,300 puppies. Fish »\d Game WORLD oy Mortimer Norton Last weekend found a large share of local outdoorsmen driv­ ing into the Catskills and Adiron­ dack Mountains, and other state parks, to pitch a' tent or have a picnic in celebration of the open­ ing of New York's camping season. From now on there will be in­ creased activity at resorts and public campsites as the general vacation period draws nearer and we can spend more time fishing, boating, water skiing, hiking, pre­ dator shooting, and woodland pic­ ture taking. pecially attractive this month as The mountain regions are cs- the forest becomes clothed with new light green leaves, and bright flowers bloom over the ground and ferns open up in the valleys and over the slopes. Camping is usually agreeable at this time, before the summer insect pests have become too bothersome, as during the warm days of mid-June and in July A snug tent, bed roll and blankets or sleeping bag, and conveniences for cooking and lighting make for pleasant living in the outdoors. Before the days become too hot, it is a good occasion to shoulder a packbasket and hike a'long the mountain trails to hidden lakes and streams where sizable native speckled brook trout still exist and will snatch worms, standard wet and dry flies, or small feath­ ered spinners. On such trips you are apt to see a variety of wild game birds and animals, and with proper stalking can obtain some interesting pictures with your camera One of the special Joys of camp­ ing is the chance to go on ex­ tended canoe voyages through chains of lakes or along rivers for the exercise of paddling and the fun of exploring new waters or observing the traits of wildlife The famous and favorite canoe trip of the Adirondack region is the hundred mile cruise from Old Forge to Saranac Lake and trib­ utary streams, along which will be found overnight open-face log leantos for sleeping. There are, though, many ex­ cellent canoe routes in New York's waterland, and anyone desiring to learn where they exist and what situations will be met should ob­ tain a copy of the book called \Canoeable Waterways of New York State,\ by Lawrence I Grin- nell, which Is very well illustrated and informative. It was pub­ lished at $5.00 by Pagean' Press, Inc., 130 W 42nd St.. New York, 36, N Y., and contains a fine map showing canoe routes. For camping and canoeing ex­ peditions into the deep forest, it is also sensible to have a copy of \The Outdoorsman's Cookbook,\ by Arthur H. Carhart. which may be obtained for $2 95 from The Macmillan Company, 60 Fifth Ave., New York, 11, N Y for this contains valuable information on mapping your • meals, your fire, care of wild meats, game dishes, soups and stews, fruit in camp, vegetables, food along the trail, and other details. The public campsites in 'he Forest Preserves have been made ready for use beginning Decora­ tion Day weekend for the thous­ ands of men, women, and children who will visit them this spring, summer, and early fall seasons. Since the grounds are usually crowded on weekends, it's always advisable to arrive on a Friday afternoon if possible so as to ob­ tain an agreeable tenting or trailer site. BUYING A HOME A big house with white pillars situated in the country and sur­ rounded with tall trees is many people's dream, perhaps, but housing specialists of the New York State College of Home Economics at Cornell University warn the buyer to beware before he purchases. Whether colonial or Cape Cod, a house even though beautiful In appearance and nicely situated can prove a bad bargain. In particular, families who move from the city to the country should be conscious of certain ad- advantages and disadvantages. Spacewise a large house is a good buy but only if it is well built Water and sewage systems In either an old or new house in the country are not always good and are costly to rectify. These should .be investigated and neces­ sary repairs figured along with the purchase price. There is an old rule of thumb that says a home buyer should pay no more than 2% times his annual income for his house. Today in certain areas of the State. 53 per­ cent of the families buying new houses and 30 percent of those buying old ones are paying that much more. But, although these families appear to be over com­ mitted, forclosure is not as im- inent as it appears. This is be­ cause house mortgage debts are now amortized on a monthly basis. Nevertheless, buying a house is perhaps the largest investment that most families face—It pays to take nothing for granted. If you want some top-notch outdoor cooking this summer, read Cornell bulletin £-862, \Barbe­ cued Chicken,\ free to New York State residents from the Mailing Room, Stone Hall, Cornell Uni­ versity, Ithaca, N Y Only three percent of the farms in America sell more than $25,000 worth of goods a year One of the best ways to keep algae and scum out of farm ponds this summer is by using chemicals. If you have any questions you would like answered about the outdoors, drop a letter to the \Fish And Game World\ Column, in care of this newspaper and we'll try to ablige. AURORA OPTICAL Co. 394 Main Street Across From N. Y. Tele. Office East Aurora, N. Y. • EYE DOCTORS* PRE­ SCRIPTIONS FILLED • LENSES DUPLICATED • GLASSES REPAIRED AND ADJUSTED Kenneth J. McConville Optician Office Hours Daily and By Appointment CY 5160 LEN LITTLE Buys old crippled or down HORSES & COWS. Also removes dead hor­ ses and cows IF called immediately. Machias 8496 Z*/ complete EYESIGHT SERVICE -KfcYHS EXAMINED * GLASSES MADE OPTOMITDIST G. M Failing—S A Hall— G L. Hickev—E C Cook I6G FRANKLIN cor. MOHAWK Get Young Karg For Your Auctioneer Arnold G. Karg 0 Prompt attention given to all Sales . . I sell anything anywhere. Telephone IDIcwood 3691 OKCIIARD PARK. N Y. O0000000000000O00000000KXXXXXXXXXX IPierce Bros.! I Feeds - Seeds - Grain Fertilizer Farm Supplies Phone 9513 DELEVAN JOHN DEERE Sales & Service N. A. PHILLIPPI Freedom, N. Y. READ THE CLASSIFIED ELECTROLUX Sales-Service-Supplies Martin Meyer 93 Lake Sr. Hamburg Phone EMcrson 5582 MACHIAS FIRE DEPARTMENT -DANCE June 12.1959 LIME LAKE PAVILION ROUND AND SQUARE—9 to 1 Music by Walt's Serenaders Door Prizes—$1.00 per person tin '* U is ) ANYTHING MISSING NOTHING IS MISSING WHEN YOU PLACE YOUR INSURANCE PROBLEMS WITH OUR AGENCY Get The Security You Require With The Economy You Desire Buck Insurance Agency Phone GL 7-9731 Java Village, N Y for power economy • • i • a | • • I POWER-MATCHED TO YOUR HERD SIZE -k MORE MILEAGE from chain that'* hardonod cloar through and dosignod oxclusiToly lor bam cloanor Borneo. •k DEPENDABLE Starlino has boon building high quality dairy bam equipment alnco 1883. •fa COMPARE tho foaluroa oi a Starlino Barn Cloanor with any oihor and you'll know why it'» tho Buy oi a Liiotimo. BARN EQUIPMENT • • • ill • • • • • • iiiiimimimiiiiiiiiiimm. mm — = Henry T. Jans, O.D. § = Edward G. Mehl, O.D. | E Optometrists - Z 332 W. Main St. 5 j- Arcade, N. Y. E = Hours — Wed. 12-8 = = Fri. 10-5 = | Tel. 682 Anytime j£ Z For Appointment - iiiiiiiiiiiiiimiiiiiiiiimm See us for COMPLETE DETAILS Arcade GLF Services W Main St Arcade Phone 4 or 258

xml | txt