Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 6, 1981, Winnipeg, Manitoba Winnipeg free july 1981 warehouse 555 guardsman steel belted radials everyday Low prices Sears tire and Auto centres Small er7s14 Large slats pr7s14 to or7815 free installation dont miss it Sears truckload tire clearance continues to make room for new were Clearing our guardsman steel belted radial and to do it weve made incredible Price cuts that can really add up to big savings for you at you get a comprehensive 3way guarantee against mileage Road hazards and factory and we dont charge you for that value you dont want to miss while quantities last just say charge it a month free Sears finest diehard Battery 67 98 group 24c Tough polypropylene Case is Able to withstand changes in tempera Ture better than Rubbe Case Bat thin Wall design provides More room for Lead and maintenance free Type of con it should never require extra water under operating 10600 save on Sears proven steady rider it Shock 16 99 exclusive temperature control Piston valve compensates for changing thickness of Cushiony ride when Road inputs Are and heavy duty performance when Road inputs Are More rid control area than Standard bore guaranteed for 60 months or pm whichever comes first when installed in private passenger available for most cars tuesday Only spark available for most limit 8 per customer a a 74c save 1 0 cassette stereo package 399 cassette player features noise reduction system that helps eliminate tape fast left right front rear Fader control radio has muting Bass and treble Complete with de preach Antenna trimmer and plus pair of 3way speakers each with 6x9in Woofer mid Range and save rebuilt engines 6 225 Dodge engines guaranteed 12 months or Kilometres enjoy new engine perform mance1 our Factor rebuilt engines contain up to 250 new parts and thoroughly tested prior to being shipped fax series atoll glue Simpsons ears Ltd All Price references and comparisons Are our own Mutual funds popular again Mutual funds have finally overcome the shame and Stock Market slumps of the 70s and Are regaining popularity among invest you should still do your Homework before committing any the typical sales approach of Many Mutu Al fund companies was often still is these lines give us your Money to invest and because of our we will make More profit for you than you could on your the companies Pool everybody Money and invest it in various if the net assets for 120 million and people owned two million units or shares of the Mutual each unit would be Worth if the fund performed Well by Choos ing securities which increased in net assets might Rise to million Over a year or each unit would be Worth of if the Market went Down or the Mutual fund made some bad Deci the value of the units could Mutual funds boomed in the late reaching a Peak in the Mutual fund companies and most investors made plenty of then investors overseas the most glamorous of the fraud and mismanagement were Only two of the but ios was so huge its assets once topped and that was More than 10 years ago that when it the whole Mutual fund Industry was badly Hurt Many other funds had also been Dis honest or had taken too Many invest Many of whom had put much of their life savings into Mutual were badly people dont forget something like although some funds continued to perform Well during the Mutual fund investors continued to bail out year after not Only did they Lack Faith in Mutual funds in but the Stock Market was not at its Best in Canadian Mutual funds assets totalled in the assets had risen to Only assets have climbed to billion and the Industry proudly broadcasts More people Are again buying than Selling Mutual Why the turnaround securities Laws have been Mutual funds Are being marketed More professionally and registered retirement savings which we rent such a Factor in the Are ideally suited to Mutual Bob a governor of the investment funds Institute of he you must investigate before you you should decide if a Mutual fund would fit into your you must do some re search to find the Best fund for your particular never assume All funds Are about the and never invest your Money without having chosen a fund for definite who is also president of Toronto based dynamic funds management suggested the following guidelines in consider your total assets and com fort level when choosing a Mutual i would add you should consider those factors to help you decide whether a Mutual with its Stock Market is for you in the first your Money Mike Grenby in other the younger you the More Money you have and the More risk you can be comfortable then the More risk you can afford to of the opposite also so if you Are dont have much Money and get worried about anything riskier than a savings you should probably keep away from Mutual g Check the monitoring services to get an idea of the different for the financial times provides a regular Survey of the funds with details like size total qualification for tax sates fee and performance Over several Zirbeck and the financial Post also pub Lish most Public some stockbrokers and the Mutual fund or re search departments of major financial institutions generally have these j pick funds which have performed Well ver the past five to 10 with a glance it performance Over the past some stockbrokers will help you choose Mutual so Check the services j get quarterly or annual and other material from the most Likely Trust and insurance companies my As Well As investment manage ment sell find out and compare the Many funds have a fronted Load or sales commis for with a nine per cent fronted you immediately lose of a then there is an invest ment management fee and a fee for operating after you have to pay the company to manage and invest your study the portfolio of the fund will invest in perhaps 15 to 30 different Are they the types of securities with which you feel comfortable after its your Money which is going into these stocks and read business pages if you Are not familiar with the names listed in the or the types of business they you will have to learn about the read newspaper business pages and other financial ask for the companies annual you might also ask the Mutual fund management Why it is investing in certain industries or although this information will often be in the d ask each fund who its Money Man Ager if you find a fund has per formed particularly Well but its Money manager has just left to join another you might want to wait for a while to see How both funds perform under their new managers before committing any in if the company manages several ask if there Are costs or restrictions in transferring your Money from one fund to Foj when you put Money into a Mutual consider it a Lon term Only sophisticated investors make Money by trading Mutual Pioneer expanding elevator network Polo Park 7757011 1 til b great stores Kildonan place Garden City 6609470 3334621 i Obb Regent 231 1 centres open 800 a m Mon Fri outdoor Auto Centre hours shop wed sat til 6 00 p shop Fri to 9 30 by Jack Francis Pioneer Grain company of Winnipeg is spending to million a year on a program to upgrade its country elevator current plans include new elevators at two dozen Points across the the most recently opened facilities include bran Don and Carey in Manitoba and Kamsack and Luseland in Pioneer president Bruce Macmillan says its part of a Long Range program to replace outdated facilities while locating Best Poten tial markets and putting new elevators in the right placet to serve Pioneer is the largest privately owned Ca Nadian Grain with 350 elevators operating at 275 Macmillan is also a Vic president of the Parent James Richardson with responsibility for the Grain along with the country elevators this includes Pioneer Grain Termi Nal at Vancouver Richardson Termi nals in Thunder Bay and Sorel Eleva tors at Sorel on the Lawrence Pioneer is also a partner in a six company consortium planning a terminal at Prince elevator numbers dont mean what they used to in this Mcmillan Points the delivery or operating Points can count More the places that take in Grain from farm they Are getting fewer and farther but with More than one elevator at better facilities include faster augers that Are being twinned to unload trucks and Load rail cars at the same More storage capacity is being added at some Points which have to service More farms As they become fewer but the time when storage fees could make a profit Are so an elevator May get an Annex or supplementary Metal Stor age bins rather than a bigger the new Pioneer facility opened this Spring at Luseland shows the trend a modern elevator with capacity of bushels tonnes supplemented by steel storage tanks holding bushels tonnes for a but capacity of tonnes the receiving which weighs trucks in loaded and out i is 70 feet to handle any size commercial or farm truck part of the bigger trucks bringing in crops from and More commercial trucking being contracted using Highway the two big legs augers with High Power motors can each move bushels an and they Are needed with the longer siding track to accommodate up to 12 the railways used to spot one or two or three cars at each elevator along a with More capacity to Load at each there is better efficiency in both the handling and As Macmillan says the capital costs Are very and the ongoing upgrading needed is the bigger volumes of Grain we have handled the last few years have made More efficient use of but have also been very maintenance costs have become extremely How much further the Grain handling Industry can go of depend on fewer and better elevators Are still part of the economics of a better plans Are being directed toward a More efficient gathering system to take part in expected expansion of production of major crops in Western the trouble is that there Are barriers to Progress that Are beyond the control of Grain company the old assessment that the business is 10 per cent Grain and 90 per cent politics Hast changed in spite of Progress in identifying the problems getting in the Way of practical the statutory freight rate set so Low it guarantees the railways losses on Grain for mainline track capacity that is fast filling up and demanding More use by better paying is also going to be a it is very difficult to plan ahead with so much politics in the Grain How Many Rural Branch lines will the government have the railways maintain 10 or 15 or 30 years from now Federal funds Are going duo rail but will the programs he dropped later Macmillan says these Are questions that make planners very i ;