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Show - 4 THE NEIGHBOR Salt Lake City, Utah Thursday, March Page 7 , From Wall Street O Street To Main 12, 1964 DEADLINE TUESDAY ISM How I Turned $1,000,000 In Slocks by Tom Roberts CLASSIFIED Into $500 Cash Ifi My Spare Time next week I noticed somethli strange in one oi a HiLow the newspapers. company which designed tracking systems for the government, had just failed to have its $ 5,250,000 contract renewed for its and That system day guidance the next there was more bad news and publicity about the company. Boy was I glad I owned the toy company, not the defense industry HiLow. I also decided to' check on the price of my HiLow company. Boy was I surprised to learn that it was the same company. I thought it was impossible. What would a toy company be doing in the guidance field? I decided to check and find out. I went to the library and found dut it was true. HiLow was primarily a defense com, pany. It had a subsiderary which made toys, another which made farm Implements, and a very small business of manufacturing paper cups and straws. I had judged it by company before I Invested in it. It was a very sr$ll company and fishing equipment was its major, in fact only, line. I wouldnt get stuck this time with buying a companys stock on the basis of one of its lesser products. This time when I called up my broker and told him that I wanted to buy Fishermans Fabricating Co. I knew what I was getting into, the fishing business. My broker said that thq current quotation for FF Co. was about 7 12. 1 told him to buy as much as he could using my $712,500. He did. He got the first 1000 shares for $7 12; however, it was fairly small company, and there consumer the market was plained thin. That meant that there werent very many shares around outstanding he said, so that an order as big as mine had to bid. up the price per share, but he said I was one of the largest stockholders in the company. Now I was ready to sit back and let my fellow fishermen support me as they bought my lure. - My nam Is Ralph G. Lawrence, M.D. By winning on several tickets of the Irish sweepstakes, by my wifes inheriting a large sum of money from my father - in - law, and by selling some land I owned, left after I nad $1,000,000 taxes. This is the amazing story of how I turned this sum into $500 cash in my spare time. You can follow my example if you wish. My formula is clear and simple; any- can follow it without a knowledge of the securities market. As soon as I realized that I had this money, I decided to Invest it right away and not wait a moment to let it start working for me. I asked my 'wile what she thought, but she said to wait a while and explore the field first tc find out what kind of investment would be best. Im sure you all know that women dont know anything about handling money. She didnt realize that money lying around under the mattress isnt earning anything' Women dont understanc The al gyro-optic- ane the only product It was a good product but it just wasnt much of their business. So I sold out at $7 18 per share and had $712,500 left, but I had learned I knew. money matters. My son was playijjg wltl a wonderful new toy callec the Space Adjuster."! looked on the bottom and saw that my lesson. it was made by the HiLowInc. Company. I decided that any company that could make such a wonderful toy must certainly be a wonderful company. IS LURE BAIT? e The following Tuesday I was in the barber shop and picked up a hunting magazine. While thumbing throught I found an add for a new fishing lure. I do quite a bit of fishing, and I knew this lure would be a gin seller. It was new, and I knew that it would get fish. This time I looked up the 1 callei up a broker and or- $1,000,000 worth of Inc. The next day I got the confirmation slip and found that I had bought 100,000 shares at $10 a share. I was happy with my purchase. What a nice investment, a company which can make such a won- aered derful toyl NEED TAX HELP? BUSINESS RECORD SERVICE Income Tax Returns Prepared $5.00 and up both Federal A State 2343 East 33rd South werent shares outmany The next 500 shares standing. cost $7 34 , the next 200 cost $8, and so it went. In a week my broker called up to say that he had used all my $712,500 and I had 40,134 shares of Fishermans Fabrication Co. I had hoped to get more shares, but he exthat The week after I bought my stock, the price fell from 15 12 to 15. Stocks fluctuate, I know, so I didnt let that bother me. The next week the price fell to 13 3 4 apparently the other people who owned the stock were worried that it was priced too high. It looked like when I bought it I forced the price up and now a normal lowering of the price following a rise. Three days late?, though, it was down to 12 78. I had been stuck with a drop in HiLow and I knew enough to get out of a stock that was falling. I ordered my broker to sell Open till 0 ).m. my holdings. I couldstill salvage some of my profit or at least break even if I could get rid of my stock at above 12 But it didnt work out that way. When my broker called me up the next day I was astounded. He started sellingthe gtock at 13, a better price than I had anticipated, but the last price had been 5 18 I asked. What happened? a marof much There isnt he said, ket in your stock, and when there arent many offers to buy a stock and a e, 42 277-188- 1. Wanted - Cleaning woman for 2 days a week Call 0 CR7-601- 312 Will trade for equity - 3bdrm brick home, Bath 12 fullbsnit. Corner lot 13th East 5th South -68th South. Call 7 32 278-111- shares SALE FOR outstanding can fluctuate so wildly. Well, I had learned my lessons with stocks of companies that have lots of different products and stocks that dont have a very big market, so I decided to try a stopk that was listed on the New York Stock Exchange. I didnt want to take any unnecessary chances, so I bought a conservative utility. I wanted to do my best, of course, so I asked -- if paid - Citahen chairs recovered in naughyde. $5 and upree pick up and delivery. Fred Beesley, 3 or TF (piano For Sale - 12 cu. ft. chest type freezer, Excellent Cond. Phone HU6-957- For Sale - Upright Piano Call CR7-599- 42 Sale - Family membership to Crestwood swimming club. For information call For after 5 CR7-599- pm bicycle, speed, dition. Call in. Schwin, 3 very good con- 26 1 Reports available this week from brokerage houses in Salt Lake are; DEAN - WITTER has its Weekly Bond and Stock Survey, and a research report on A- 42 7. IN6-406- 312 0. $135 - r. vacu-sweepe- cond. Call lbertsons. Electric broom 1 yr. old Exel. 312 CR7-500- 2. CR8-091- Sale SLIM-MASTE- R (Like bicycle.) CallCR7-921- 9. 312 Ken-nec- Painting and Decorating Free Estimate Call Charles Card 326 CR8-117- By Owner - SCHWABACHER & CO. has a new four -- page report on Fibreboard Paper Products. Occupancy - Holladay Area - 23,950, 8 yr. old Brick, 3 bdrms, 2 baths on 2 levels 2 fire places - finished family rm., carpets, drapes. Many extras - close to schoolshop-pin- g center. 277-22312 -- Transfered-Im-mediat- e 95 Hills - $22,700 all carpeted, fenced, landscaped brick home. Has 4 bedrooms, baths, all electric kit- chen, formal dining room. Call owner 326 Olympus 5. 467-283- 7. For Sale - Immaculate Thunderbird 62. Purch. new 16 mos. ago. New ar orrered. Full power, brakes, steering, windows, seat belts' air conditioned, tinted glass, leather seats. Oceanic blue L white 0 or top. Make offer. TF evenings escriptio11 for Painless Saving 228-965- AX5-962- 3. For Sale - 52 Merc hardtop. 57 Olds, powered. All naug- ahyde interior. Heavy duty clutch. Call 364-42after 4 pm. TF ' 49 o able. Holladay YOU can easily start a new standard o) wung instead of succumbing to a new standard of living And you can do it painlessly" by saung the extra dollars in your paycheck. , 4644 Holladay Feed & Blvd. - Beautiful Reid Wig. Platinum. For less money for Federal income tax. you know, will be withheld from your paycheck this month and every payday thereafter. Never again will it be so eus) to start a regular savings program or to increase your present thrift plan Sale -- 277-78- depositing those extra dollars with'First Security Bank, you can sbceed in accomthe plishing savings goal you have always had in pund. It will be "financially painless", too, for you will be saving money you have virtually never had. By simply YOUR SAVINGS URN 8UARANTES0 RANK INTEREST $ on one year savings 3Vk on other savings For Sale - Home, .So. East Murray, owner moved, lm- maculate 2 bdrm. rambler. 80 x 150 ft. fenced, landfull basement, scaped, plumbed, wire4 22ft attached garage, large patio, flagstone floor, 20xi4 ft living rm. x central entry hall. 19 ft kitchen. Large bdrms, good floor plan, superb construction, T. V. aerial, appliances, drapes,' ww carpeting. See any time, 8 5456 Kenwood Dr. . 262-228- FIRST SECURITY BANK WtaWWllMU IWI rm I, I nt EYE EXAMINATIONS - Glasses - Contact Lenses. Early morning and evening hours by appointment. Dearden Vlspal Clinic, 4689 Holladay Blvd. Phone CR8-816tfc. I will make draperies lined or unlined. Supply own material. Call AM6-960- 42 CLEAN CARPET CLEAN and furniture cleaning service per 319 Free extimates. Time tested 8. Housework wanted - $1.25 hour own trans. 278-366- 1. 4. cleaning of all types of fine carpet & furn. fabrics. All work guaranteed. Call EL5-435- 6. tfc. Enroll now - New obedience training class starts April 1, Call 278-366- 1. Love to tend HI NEIGHBOR For best In carpet small child in Holladay area. My home. Call 1 CR7-039- In my r home. Piano and Organ lessons, CaU Mrs Jenny Olsoh. CR7-633- IMIwtWllMlHa . BELTS 3. 312 7. PRIVATE 4, 5. Trash hauled, yards, basements & garages cleaned. Trees removed, logs sawed, shrubs trimmed. Also want reg. lawn care for summer. after 5 pm Call week days. 326 TUTORING Reading - Spelling Math - English Weekday afternoons, Saturdays, supervised by W. C. 46 4 5 Holladay Hammond. Blvd. CR8 -- 0912. tfc. - Guitar Lessons - Free Guitar lessons to new students. Call for an appointment Guitar CltyStudies Holladay Vllliage, formerly ' 42 Eastman Studios. MiElLAS , INCOME TA)(, returns $5 and Your home or mine. Quarterly reports and up. book-keepi- 278-106- 0, Call CR7-420- 48 7. facilities open, more hours to students In Holladay area. Thorough training in piano art. Call Arleen Bird 319 New Mens Luncheons, Business women clubs, private parties, room. Excellent Drive-In- n 2832 CR7-093- organizations large dinning food. Smiths E. 6200 S?P TF 5. Experienced dress making, Easter special dress $2.50 to or $3.50. Ironing 277-65- 277-251- 4. 319 - studio . 277-938- 8. New studio beginning vocal, speech, and piano. Call Marge Dubach HU6-951- We buy tf 5. and sell used cars or well sell your car on con- Get a jump on Spring. Reduced Rates thru March. Yard cleaning, maintenance, signment. Notary public service available at all times day & night. Hillvu Service 2755 3. E. 33rd So. tfc hauling, fertilizing, pruning and spraying. Est. this area. Dale Hudson CR7-636- 4 TF dog Expert dressmaking, fitting, alterations, heavy duty repair. Call for prompt service. Call 326 IN6-600- Yards Carpet Cleaned and mothproofed $16.20 CENTURY CARPfTS CLEANERS - Call EM48941 TFC HU4-171- Fencing Materials, Portable runs, cloths poles, licensed installer, 6274 Highland Dr. Ph. tf 278-307- 8. rue to Authur Yards. Kennecott, 5 days a week willing to pay gas & oil. Would like as many rides as possible Call 326 Need 298-111- 1958 1948 1955 JOHN DE HAAS Hut hit ini Hairitvlin Kazorcutting 4860546 GRAYSTONE PLAZA Generators, Staffers Western Battery Between State U Main, East f7th Soyfh v tut 13th South Art', HU7-776- 9 PRIVATE TUTORING Painting Math Reading English LUDWIG BOHLAND For the Best ... 'Hoy; . CR7-517- $5.95 $8.95 12volf I till fur ApfXjintrnriit jU7wc llartH't ttf 3. 6volt BLOWSTYLING Clay Hair Conti nl 174 Volkswagon Conv. $750 $200 Dodge Pickup Rambler Wagon. $275 BATTERIES lit it s 7. CR8-981- Your Hulladov Pointer WEAR SAFETY CR7-343- 9. tf. 312 ' Ironing done Call cleaning, Unique Carpet Cleaners, 8-- - it doesn't matter how few and youll have good reason to always they may be remember that there was a tax cut in 1964! sessions. Numbers, reading readiness, language develope-meart, music, health, Rose-Mar- ie Was $70 - Now $45. 1906 E. 7040 So. Phone 326 1) 64-6- hot and Electro-plating-ca- 6. TFC Kindergarten (278-353- lamentating, rubber stamps. Call HU -- 1190, 3310 South 1885 312 East. Sports CR7-262- Way 2062 Susan Way 7080 South. Accepting limited 3 hr. 5. enrollment Sept. 4. 35 Schwinn Bikes - We sell the best and fix the rest! Lawn Mowers sharpened, reason- - 2. science, social developement. AM6-473- For .Sale - F.M. White toy poodle puppy - 8 mos. old. Show quality house broken. $125. Phone TF SAVE THOSE EXTRA DOLLARS Susan repairing, novelity CR7-156- struments. THE -- - One motorless EXERCISER, brand new. $25.00 cash. Will hold up to 400 lbs. weight. For ' READING CENTER, 4645 Hof lad ay Blvd. TP TF 277-194- 9. MERRILL LYNCH, PIERCE, FENNER & SMITH has comments on the following companies in its Weekly Highlights; Gulf Oil, International Flavors and Fragrances, Copper, and Cenco In- account to your savings account monthly qr each pay day, as you prefer. It takes less than 5 minutes at the New Account department or any Officer's desk to authorize your Automatic Savings Account. years program. IN7-075- 1. 319 For Sale TFC 1964-196- $150 7. guaranteed. Call 8. KINDERGARTEN -- Sessions for 4 A 5 yr. olds. Supervised by W, C. Hammond, 5. Enroll now for Some openings now in this Phil-c- o ' work EL9-889- CR8-006- Hobby shop with organ attachment) grey all wool shag rug 12x14, cloth3. 42 ing. Call CR7-296- First Soeurity Bonk chocking account, it's even easier. Well transfer tho& extra dollars from your checking all Ground Beef for your freezer in 25 lb, lots. 39clb. Meiers 1 4730 HollaMeets. TFC day Blvd. paneled Hawaiian 6 print drapes, organa 'mm If you Hov Sewing machines repaired. 30 yrs. experience. Immediate service in your home. $3.50 HU5-183- 312 drapes, ! Special drapes (rose) pink dining rm window in advance) the fourth week f ref Receive corner liv. rm Picture continued on page ten S 50 1 Will care for children my home by wk. or dy. Near Cottonwood Mall. Call 34 o tl ree runr .cs $ 2 ($ 364-96- is available on request. It is a general market summary. fSX nes for '. 466-258- 9. Reg. cleaning woman. 2 dys a wk no children, all furn. Own trans. Call big order like yours comes in; well, the bottom falls out of the market. Actually, you did well to get back $456,000 when you consider the sec- DEMPSEY-TEGLER- 4 SERVICES German or Dutch woman to work in Restaurant, full time, perminent position. Town and 312 Country Inn CR7-794- 1 Prospects Millcreek Plaza 4852449 firs; RATES WANTED THIN MARKET with not many for the a 58. urities VDVERTISING 2 (Pleuo call after 6:00 pm.' la Study etc. Immediately Available Also KINDERGARTEN 1964- - 1965 Call 278-09- 12 THE READING CENTER IN HOLI 4DAY- 1 |