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Mrs. Verna Forsyth, Scar- borough was a visitor with Mr. Russel Ormiston. Mrs. Allan Holmes, St. Catharines, Mr. and Mrs. Ralph Lyons and Dean, Oran- geville were weekend visitors of Mrs. Gertrude Lyons. Mr. Clark Piggott, Jimmy and Donna, Oshawa, Mr. and Mrs. Jake Gerryts and sons, Bowmanville were Sunday visitors of Mr. and Mrs. Wayne Piggott and family. Mrs. Evelyn Fursey was a weekend guest of Mr. and Mrs. Joe Sweet, Jay and Cory. Glad to report Orville Ash- ton is home from hospital. Mr. and Mrs. E. Taylor were visitors of Mr. and Mrs. Jim Abernethy on Thursday. Mr. and Mrs. O. Beaumont, Downsview, Mr. and Mrs. George Leadbeater and child- ren, Oshawa were Sunday visitors of Mr. and Mrs. Art Leadbeater. Congratulations to Mr. E. Taylor who was 84 years young on Sunday. Many happy returns of the day, Elgin. Mr. and Mrs. Charlié Tay- lor, Orono were Friday dinner guests of Mr. and Mrs. E. Taylor. Mr. and Mrs. Angus King, Little Britain were Friday evening visitors of the C. Avery's., Sorry to report Mrs. Wal- lace Pascoe is in hospital. Get well soon. Mr. and Mrs. E. Taylor accompanied Mr. and Mrs. The Canadian Statesman, Bowmanville, Octcober 25. 1978 15 Bowmanville Men Involved in New Golf-A-Tron Facility Durham Golf and Recreation Golf-O-Tron was officially opened by Wlitby Mayor James <iartsflore on Saturday morning with a ribbon cutting ceremony. Taking part were, from left to right, Penny Morton, David Watson, one of the owners, Mayor Gartshore, George Ashe, MPP Durham West, Erie Nichols and Ted Watson, the other two owners and Darlene Allison. The Golf-O-Tron is located at 1450 Hopkins St., Whitby in the new industrial section. Throughout the day people from a wide area came to see the fascinating machines that show slides of ail the holes on several of the best courses in the world, tell the golfer how far he has driven the baîl and how many yards still have to be played to reach the putting surface. Experts Ken Fulton and Glen Varty gave demonstrations. Bruce Welsh of Bowmanville, associate pro at Oshawa Golf Club, will be the resident pro. The facility will be open every day from 9 a.m. until midnight and il p.m. on Sundavs. EN LARGEMENT SPECIAL HAVE YOUR FAVORITE PHOTO ENLARGED TO AN 8"x 10" Colour Print from your colour negative -110-126-135 OFFER EXPIRES OCT. 31,1978 Processed by Gould Photo Lab. "Vie use Kodak Paper for theQGood Look" 'VOTBOW623-2404 78 King St. W. Bowmanville Enniskillen Bruce Taylor to the com- mencement at Courtice High School on Friday night. Mr. and Mrs. C. Avery and James attended the 3th wedding anniversary surprise party for Mr. and Mrs. Harold Avery, Enfield in Oshawa on Saturday evening. Mr. and Mrs. C. Avery and- boys were Sunday supper guests of Mr. and Mrs. Joe Rekkar and family, New- castle. The Enniskillen United Church is requested to for- ward our list of 1979 Observer renewals by November llth. Please note that the price of subscriptions on the Every Family Plan was increased to $3.00 each, per year as of the Januarv issue. The minimum requirements for the haîf price Ever FamilyPlan ratis 75 pr en t fthe congrega ion's sp porin gif a mile s A beautifu autumn day brought forth our congrega- tion to church and Sunday School. The Intermediate choir under the 'direction of Mrs, UlahChambers sang as, their anthem "Kumbia". The children's story was entitled "If it were against the Law" and the sermon was entitled "Why Protestant?" This week's notice is: Mon- day 7:00 to 8:00 p.m. First Enniskillen Cub Pack met for their first Faîl meeting in the school. Advance notices are: Mon., Oct. 3Oth - 5:30 - 7:00 p.m. First Enniskillen Cub Pack and Beavers will hold a Halloween Party in the school, Mon., Oct. 3th - Brownie Party from 6:30-8:00 p.m. in the church basement. Tues., Oct. 31st the U.C.W. is sponsoring the Halloween par- ty in the Sunday School room at 8:00 p.m. Hope to see everyone and in costume. Wed,, Nov. lst 8:00 p.m. The fifth meeting of the Junior 4-H group was held Tuesday, Oct. 17th, We discus- sed menu planning, meat, vegetables, salads and energy conservation with Mrs. But- tery, meanwhile Sharon Bar- key helped Mrs. Chambers make Pink velvet. Leslie Lamb helped Mrs. Chambers make Italiano, we then discus- sed our 4-H party, we decided who would bring what food. The party is this Tuesday night from 7-9 at the Enniskil- len Public School It will be combined with the Senior Group. No 4-H meeting next week. Mr. and Mrs. F. W. Werry entertained Mr. and Mrs. H., McGill out to dinner at the Heritage Restaurant on Sun- day. Mr . and Mrs. Clarence Stainton and family were Sunday afternoon visitors of Mr. and Mrs. Milton Stainton and Miss Elva Orchird, Bowmanville. Ken dal Man Wins Trip to Las Vegas During the opening of the new Golf-A-Tron facility at Whitby on Saturday, several draws connected with Ultraguard Security Systems were made by Whitby Mayor James Gartshore and George Ashe, MPP Durham West.* Entry forms have been accumulated at Ted Watson's Maple Grove Farm the Canadian National Exhibition and Orono Fair. Trips for two to Las Vegas were won by Angelica S. Dimaano, Scarborough and D. A. Hillis, R. R. 1, Kendal. Giant Snoopy dogs were won by Pat Davidson, Brampton and Elaine Fallis, R.R. 2, Orono.- Cottage Land A WorthwhileI InvestmentI People tell me that owning land is the best formn of security in times of inflation. Would it be a good idea to borrow money and buy a cottage lot up north? It is certainlv true that land values increase to keep pace Hu mpty Dumpty York muti-Pac Potato Chips Ice Cream Creamsiclesr Popsicles 79 Large BagI $1.29 2 litres Fudgsicles i I $1.09 12's Corner of King St. W. and Scugog St. The Shoppe f ormerly the Glen Rae Dairy' MiIk Plant with or often exceed the rates of inflation and as land becomes more scarce and the demand for land greater, the value of a piece of land may increase considerably. Before you rush out to borrow and buy there are, however, several important things to consider. If you to borrow nîl or most of the money, what will the interest rates be? You miglit find themn as high as 16 per cent on vacation property. That is higher than any inflation rate so far experienced in Canada. You must add to this the cost of the taxes you will pay on your land. It is likely, too, that the lender will want an appraisal of the property, and you will have to pay for this. Also there will probably be legal fees. When you add up your annual costs, you may well find that they exceed any normal increases that you could expect in the value of your property. It might be a better idea to save your money, interest and taxe§, until you can buy for cash. Investing normally means "where do I put my money? " and not "shalI borrow and buy?" There, are, however, two other factors you might also consîder. 1. Would you use the land, for camping, skiing, etc? If s0 you might be saving money that would have been, spent on other types of holidays. 2. Nothing is a good invest- ment if you pay too much for itil DRINKING & DRI VING DON'T MIX Safe driving is a tamily affair. I have $1,000 that I'd like to invest. Can you suggest an investment that would earn more than bank interest and yet would be fairly safe' The smallinvestor wishing to earn higher than bank interest rates should first understand some factors which will affect the interest rate on his investment. In most cases, return on investment or interest rates are determined on the amount or degree of risk. The higher the risk, the higher the return and the lower the risk, the lower the return. For example, a third mortgage on a residential building may command an interest rate of up to 18 per cent, whereas, a first mortgage may command an interest rate of only il per cent. This 15 so because the risk taken by the investor is higher when investing i the third mortgage than the fîrst, as the first mortgage ranks hefore the third in liquidation. In addition to the degree of risk,, interest rates also depend on the length of time the investor wishes to have bis money invested. As an example of this, banks and THE PE ,FOR V SHOPF TEA 00Fl "Bottomies, Thurs., FrL. Only Oct. 26-2 Corond Resta 9 King St. W. trust companies usually borrow money i the form of Deposit Receipts or Guaranteed Investment Certificates, by guaranteeing a certain interest rate. This interest rate is dependant on the length of time the funds are invested. An individual investor must then determine the amount of risk lie wishes to take and the length of time he wishes to have his funds invested, and then proceed with the invest- ment that best suits his needs. Due to the particular requirements of the question;, the economic climate of the country at the present time; and the amount of money involved, I will discount investing in mortgages and the stock market. This leaves several options available for the small investor, which are fairly safe and the return is higher than that paid by banks on their savings accounts, which is currently about 6 3/ per cent. Canada Savings Bonds is one of the options left to the small investor and should be considered. The current series of Canada Savmngs Bonds is Advice for Small Investor ER FECT /VEARY :'ERS ... AND FEE 5 and Sat. 27-28 tian 623-5412 Due to the street construction, our PRICES have r. i-j 7LJ LADIES' WEAR 623-5854 7 King Street West rate of 8.06 per cent for an eight-year term. Canada Savings Bonds are usually a good investn:ent as they are very secure; provide an adequate interest rate and are easily liquidated if need be. Canada Savir -,s Bonds are easily attainable at your bank or other financial institutions. Another option is lending money to Trust Companies or to other financia institutions, in the form of Guaranteed Investmeint Certificates (G.I.C.s). These G.I.C.s usually pay interest at the rate of 7 3/4 er cent for ninetv davs to 93/4 er CeLý. for three years and over. Chartered Banks offer a similar type of investment in the form of Deposit Receipts or Termn Deposits. However, there rnay be somne restrictions to the minimum amount of the investment. Two other types of invest- ments are Registered Home Ownership Plans (R.H.O.S.P.) - 8½/ per cent, and Registered Retirement Savings Plans (R.R.S.P.) - 8 1/2 per cent. Before any investments are made i these types of plains, you should consuit a professional accountant since both of these plans have, specific, Income Tax complications along with investment opportunities. ONLY $1.99 (REGULAR PRICE $3.50) Opening Special Buy your f irst case aitfme regular price: 12 30-oz. Botties $ 3.59plus deposit . or.- 210.6 oz. Botles $ t.9 plus deposit Buy your second case for OnIy 1mnore plus deposit 100 % Polyester Long Sleeve Tie Blouses Sizes 10Oto 20 Regularly priced ai $24.00 Thursday, Friday and Saturday OnIy! 100 % Polyester - Sizes 10 to 20 PuIll-On Pants Regularly priced ai $24.00 Now$18 Thursday, Friday and Saturday Only! . . si millýý