Mon., July 27.1981
Tryon Daily Bulletin,
FOR RENT: 3 BR house, 1g.
living room, dinette, kitchen, 114
baths, free water, unfurnished,
fireplace, oil heat. No pets.
References required. Lease.
Valhalla Hand Weavers, 859-6233.
Fred Lawrence, adv. mon.,
thurs., tf.
Practicing Here
BUILDING SITE —
GILLETTE WOODS. One acre of
wooded land on Dogwood Trail
suitable for small retirement
home. City water. $7,500. Call
Town & Country-Knoblock,
Realty Gallery of Homes in
Tryon' (701) 859-5806 or 704-859-
6206. adv. 27.c.
FOR SALE: Story and Clark
antique organ in working
condition. Has been refinished.
Call after 5:30 p m., 863-4403. adv.
27, 28, 29,30c,
PICK YOUR OWN
TOMATOES: $4 bushel. Bring
own containers. No Sunday
picking. Scrivens Bottoms, 14
mile down river below Arthur
Pack’s big barn on the right 859-
6110. adv. 27,29,c.
BUILDING SITE —
GILLETTE WOODS 2'4 acres of
wooded land on Dogwood Trail.
City water. Two streams, $12,500.
Call Town & Country-Knoblock
Realty Gallery of Homes in
Tryon: (704) 859-5806 or (704 ) 859-
6206. adv. 27,c.
NOTICE OF
PUBLIC MEETING
POLK COUNTY
On August 11,1981, at 2:00 p m.,
a public meeting will be held with
the Polk County Commissioners,
Board of Transportation
Member, and representatives of
the N. C. Division of Highways to
discuss the 1981-83 Secondary
Construction Program for Polk
County. The meeting will be held
in the Agricultural Conference
Room at the Courthouse.
There will be a map posted in
the Polk County Courthouse two
(2) weeks prior to the above
meeting date. This map will show
the top thirty (30) roads on Polk
County’s Paving Priority.
Information of the paving
priority for all unpaved roads will
be available at the public
meeting, adv. 27, aug. 4,c.
Dr. Rosalind 0. Smith
Dr. Rosalind Overton-Smith
has recently opened Smith
Optometric Eye Associates of
Tryon. P A.
Dr. Smith did her graduate and
professional school training in
the state of Tennessee.
After completing school she
practiced in Tennessee for one
year. She married Dr Theron C.
(Pete) Smith, III, a Greer native,
and now resides in Greer.
For the past four years she has
been Department Head of The
Optometric Technician Program
at Greenville Technical College;
also affiliated in private practice
with Williams & Smith of Greer
Dr Smith is an original
member of the Board of
Directors of the Greater Miss
Greer Pageant, now serving on
the Executive Board of Memorial
Methodist Church, a patron of the
Greenville Little Theatre, Co
ordinator for Greer area Cancer
Society, and has worked during
the last four years lecturing and
coordinating an extensive
elementary school screening
program for District Five of
Spartanburg County. Dr. Smith is
a 1981 nominee for Who’s Who in
America.
The office is located at 238
Pacolet Street, Tryon, telephone
859-5821.
Buys Porcelain For
German Collection
A piece of handbuilt procelain
by Mary Schweder Patterson was
purchased by Dr Meurer,
curator of the Wurttem bergische
landes museum in Stuttgart,
West Germany for the state
collection of ceramics.
QUALITY, COMFORT, BEAUTY
COLUMBUS — Laurel Park Acres — Your
search for space will end once you see this ric
Beauty on 5 acres. This 4 bedroom home has 2
sq. ft. of living space upstairs — Downstairs
includes: garage, workshop and utility room.
$125,000.00. MLS No. 202
P O. Box 395. Mills Street,
Columbus. N C 2P722 704-894-8229
MANAGING YOUR MOKET
Understanding Interest Rates
Q. I’m curious. What
makes interest rates fluctu
ate, and just how does that
affect the yields on my
short term investments?
A. Good question. An in
terest rate is simply the
price of borrowed money.
Interest rates are determined
by how much money is
available in the nation’s
economy to lend, so inter
est rates reflect the supply
and demand for money.
Usually, the more money
available, the lower the
rate, and the less money
available, the higher the rate.
For much of 1980 and
into 1981, less money was
available in our economy,
and so rates climbed. You’ve
probably read about the
banks' prime rate rising and
falling The prime rate is the
interest rate charged by
banks to their major custom
ers. But many very large cor
porations have discovered
that they can borrow at a
cheaper rate than their
banks charge —they issue
short term notes called Com
mercial Paper. These rates
are also affected by the avail-
ability of money, but usually
the smallest size of commer
cial paper is $250,000—far
more than most people or
small businesses have to
invest.
Until recently, higher in
terest rates were not avail
able to this smaller investor.
That is why Money Market
funds got their start By
pooling the dollars of many
ERA
small investors. Money Mar
ket funds can purchase large
blocks of commercial paper,
and then offer the higher
yields to the small investor.
Money Funds yields will
tend to rise and fall with
the level of interest rates,
and are based on an average
yield of ail the Money Mar
ket fund’s investments. It
changes every day.
Because of the extraor
dinarily high level of inter
est rates recently, Money
Market funds may help your
investment dollars keep pace
with inflation. An added
plus is that you can with
draw your money at any
time —without interest
penalty.
One of these Money
Market funds is St. Paul
Money Fund. They have a
24-hour/day toll-free WATS
number to answer questions
you may have, and they will
send you a free offering pro
spectus. Read the prospec
tus carefully before you
send money. For complete
information, call 1-800-328-
1064. In Minnesota, call col-
CC ‘ 612 „ 73 8-5OO7. Or write
to St. Paul Money Fund
^° x 43284 . St Paul’
MN. 55164