Friday, August 05, 2011

A Day Of High Finance At The Scrap Dealer

Well I took my six month supply of aluminum cans to Sussex Scrap Metal today. A grand total of eight pounds and at sixty cents a pound I netted $4.80. Wow! I immediately feed the money back into the economy by buying a six pack of Busch Beer (Today is International Beer Day) and an El Producto cigar. I am doing my bit to get us out of this economic depression. If you believe our government, by me spending that $4.80 I have given jobs to about eight people - the problem is those eight are illegal immigrants or young Irish workers here on a student work visa.

Bottom Feeding

As opposed to many people I think the stockmarket is at an idea point now. My investment strategy is too try and buy only when the market (or a particular stock) is low - it's called bottom feeding. We bottom-feeders have faith in the markets, faith in the charts that say stocks outperform other investments over the long haul, faith that things will get better and the real key is available cash to take advantage of the lower prices.

I am not smart enough to buy in a "normal" market and come out ahead. Altho the market is not as bad as last year there are good buys in stable companies out there. I just brought a few hundred shares today in companies I think the price will raise in the future. They may continue to drop in price in the short run, but I felt it was a good price I purchased them at today and one of my requirements is the stock pays a dividend so when I sell them in the next year (world coming to an end 2012) I hope over all to beat the 1% interest rate banks are currently paying and recover more than what I paid for them.

You can be sure you will be seeing many more American companies being purchased by foreign companies in the next couple of weeks as they always bottom feed.

Thursday, August 04, 2011

New Building At Yorkshire

I was driving thru Yorkshire earlier this week and see they have broke ground on three new homes.

I am glad to see some construction going on, but look at the closest of the houses. They must be the minimum of ten foot from the side line.

I am sure the original plat approved was for this density but it certainly looks poor.

These are finished houses and you see how close they are.

Weeds - 1961

The Cashpoint Traveling Sign

We have all seen these trucks and vans "parked" in shopping centers and in front of retail stores. Obviously a way to get around sign ordinances and to utilize an extra vehicle as a sign. This one at Cashpoint over by General Dollar store is one of them. Notice the flat tire on the front? Obviously they are not planning on moving it anywhere. It has Virgina license plates - didn't notice a sticker on the tag but maybe Virginia doesn't require that. Wonder If it was a car title repossession? Now there is a vehicle which should fit the abandon vehicle ordinance.

The Daily Times Has Some Interesting Articles, For a Change

For a change there were a few interesting articles in the Daily Times this morning.

The first was about Gary Daugherty from Delmar, son of Ed and Audrey Daugherty, and his navy career.

The second was Fee structure is designed to exclude by Walter E. Williams. Altho aimed at excluding Blacks from becoming their own business person I agree with the article in that the number of government and union arbitrary licensing and permitting laws is ridiculous. Even the constant requirement to have a college degree for about any job now days is just foolish as knowledge and certified education has very little correlation. You can look at such things as driver licenses requirements. Now I think people should be able to get a drivers license at 13. The amount of training by schools (again governments think parents are dumbasses and can't teach - but when their success rate is measured and they fine they are failing suddenly they are yelling the parents should have participate more) that is required. The attempt to prevent someone who dropped out of school from getting a license until they 18 (who needs a license more in order to find a job?) The job safety rules for hiring anyone under 18 is another area. There is so little they can legally do at that age no wonder they are unemployed. I could do a book on the foolishness of these artificial roadblocks put up by government to prevent people from finding a job.

The third was Welcome, Irish students, that the writer has some misguided idea that not hiring locals but bringing in Foreign workers is okay.

Gardner and Marion Hastings' The Palace Of Sweets - 1921

From The Peninsular Press - Delmar 1921

If asked by a young man where he could obtain a choice box of candy for his sweetheart, or if a stranger should drift into town and make inquiry for a soothing drink of soda water, plate of ice cream or a good smoke, the first thing that would come to your mind would be the PLACE OF SWEETS. Isn't that an admitted fact? Most assuredly for be it remembered that at this popular rendezvous, for young and old, the sweet tooth can be satisfied, the thirst quenched in "dry" Delaware with -- Soda of the best mixture. Then the soothing sensation derived from a good smoke is always at your command. What more could be asked?

On August 8, Mr. G. L. Hastings, the genial proprietor of this exceedingly popular establishment, assumed control, with his son, Mr. M. L. Hastings, as manager. To know these men or to meet them is a pleasure. They have the happy faculty of meeting the people on the level, give them courteous treatment and sent them away satisfied.

The establishment has two departments - tables for the ladies and tables for the gentlemen - married and single. The first thing possibly that attracts your attention upon entering is the large fountain where the genial manager is able to have served up to you all of the latest "soft" drinks. They are refreshing and invigorating, made by the latest New York recipes. The display of boxed candies cannot help but attract the attention of the young, middle aged and elderly ladies - all have a sweet tooth somewhere in their heads. Who does not like to inject the incisors into some of Whitman's choice boxed candies? It usually follows with the men that after taking their usual drink that they like to indulge in a good smoke - made from choice Cuba stock or from the famous Piedmont district of the Old Dominion State. All said and done, the place presents a clean, sanitary and attractive appearance which goes far in attracting and thus making any establishment a drawing card. This has been the success of the Sweets - good goods, satisfied customers, sanitary, square dealing.

Mr. G. L. Hastings, the owner, is a large dealer, in lumber and piling, a public spirited citizen and exceedingly progressive. Mr. M. L. Hastings, manager of the Place of Sweets, was one of the Delaware's noble sons who crossed the waters to France and did gallant service that "the world might be safe for democracy". He served under the colors for nearly a year on French soil. He is popular with all classes, is progressive and like his father stands at all times to do any thing that will be the future development of Delmar and community.

The Delaware Avenue and First Street Project

I received the above letter yesterday from the town (click on photo to enlarge.) For those of us who live on Delaware Avenue or First street (Delaware side of town, you know the Maryland side isn't going to improve streets) road work will start within six weeks. If it goes like it did in the 1980's when they redid the street the entire street will be unusably for two or so weeks.

Birthday Boy

President Barack Obama turned 50 years old today. Happy birthday Mr. President!!

The man is raking in some bucks from these "Birthday parties/fundraisers" maybe I should have tried that and I could have afforded to go to Europe.

I understand he is only the seventh sitting president to turn 50 in office. The six others have turned 50 on the job: James Polk, Franklin Pierce, Ulysses Grant, Grover Cleveland, Theodore Roosevelt and Bill Clinton.

So is it politically correct to call him a Birthday BOY? Or will it degenerate down to a racial thing of calling a half black man boy?

Wednesday, August 03, 2011

Gold Gold Gold

The gold price soared to yet another record high early Wednesday, surging as much as $11.50 to $1,672.80 per ounce before backing off to trade just under the $1,665 level. The price of gold has gained $165, or 11%, since the end of the second quarter, bolstered by a slew of soft economic data in the U.S.

I was reading this this morning and thought what a risk buying gold is. Today it is high but six months from now it could be back to $300 an ounce, like it was 2002. From my experience buying stock in gold mines is also a loser as the price of gold has little to do with the stock market value of gold mines and I won't go into the tax issues with any "dividends" they pay out.

But speaking of gold mining I was recently reading about gold mines in Maryland. No, I am not referring to the "fool's gold" often found near Pennsylvania Avenue in DC but actual mines. Out around Rockville, Gaithersburg and the Great Falls area there were a number of gold mines. The Black hill Mine, the national Gold mine, the Guilloy Mine, the Grady Mine, the Bethesda mine and the Ford Mine. These were active in the 1870 to 1930 period. Once gold was fixed by the US Government at $20.67 per ounce these operations became unprofitable In 1934 the price was increased to $35 an ounce and production started back up for a few years.

Today it is mostly amateur gold miner panning and digging in the area.

The DHAS Stolen Sign - 1998

From the Leader and State Register March 20, 1998

Approximately a decade ago, someone made off with the cast iron "Delmar" sign from in front of the caboose on north Pennsylvania Avenue in Delmar.

Today, members of the Delmar Historical Society are still hoping for the return of the sign, promising that if the keeper of the sign returns it to the historical society, no charges will be filed and no questions will be asked.

George Truitt of the Delmar Historical Society described the sign as about 8 - 10 inches wide by about 42 - 44 inches long. It was painted with a maroon background and featured gold lettering, he said.

Mr. Truitt said that the historical society has been looking for the sign for years, and he keeps trying in the event that whoever has possession of the sign will one day return it to its rightful owners.

"we've been trying for quite a while to get the sign back." he said "I put notices in about once a year. So I went to the police station and they said they hadn't heard anything on it. So, I keep trying to at least I'll be on record that we're still looking for it."

Mr. Truitt added that unless the sign was stolen by someone from out-of-town and taken out of the state eventually it could be returned.

"I think sometime eventually someone will say "I might as well take it back," he said. "unless it was taken up tp Pennsylvania, because a lot of times, people will come down to Delmar and Salisbury and steal railroad items and take them back up to Pennsylvania and sell the."

Anyone with information about the whereabouts of the missing sign, can contact The Delmar Historical Society.

A Visit To Hobby Lobby

I went to browse in the new Hobby Lobby Store next to the North Wal-Mart in Salisbury yesterday. It is another store dedicated to full employment for the Chinese worker. Very few American made items. As far as a hobby store goes, it is really more of a Home Decor store. Several times larger than Michaels takes a lot of walking to see it all. Prices are about the same as Michaels. One plus they have is about a tenth of the store is dedicated to fabric and sewing, something I am glad to see return to north Salisbury since Wal-Mart did away with their fabric section. It does have the usual crafts of beads, scrap booking, limited oil paints etc. I was hoping more for things like remote control aircraft's, ships model, woodcraft's etc. A look at the people in the store will tell you what the crafts are aimed at - Young housewives with a couple of young children, the same group that goes to Michaels. For old men with the clientele that go to this store, the place will be good for eye candy but you may not find much else to interest you. A plus - it is closed Sundays to let their employees have a "normal" day of rest.


The Roof Collapse

Over at Tom's blog The Delmar daily he has some interesting photos of the roof collapse at the old Bonanza building.

Tuesday, August 02, 2011

Turning Sixty-Eight

Well I turned 68 today and even tho I try not to think about it I find I do have to appraise where I am at in life. What comes to mind first are things I have not done. First I had wanted to travel to Europe at some point in my life. Since my wife and I paid for the college education of our daughters, and I don't object to that, but it pretty much wiped out the saving in part due to the government encouraging the banks to give credit at the lowest possible interest rates which in turn the banks only want to pay me 1% on my savings. The government than printed as much money as they could with nothing to back it cutting my buying power in half and causing colleges to increase tuition etc etc etc. I can only conclude with the recent go around of debt limits our elected officials are fools. Why would you not require a balanced budget and why would you allow any amount of deficit spending and why would you raise the debt ceiling? It's Like a drunk telling you they will stop drinking if you give them a half pint to get them thru the day. Now they are thinking about making changes to social security. The government hasn't given a cost of living increase in a couple of years - due to no inflation they say - what world do they live in? Hell I can't even go to Canada without a passport, which I still haven't gotten,. Well maybe I can scrape up enough to go to Busch Gardens Williamsburg in place of my Europe trip.

I guess turning 68 was not nearly as bad as turning 39. You are where you are going to be in life at age 39 or 40 so when I turned 39 I realized this was it - any chance of success was down the drain.

I have to think also about the number of people I have known who would never reach 68, some never made it to twenty. At age 68 attending a funeral a month is about the norm.

I also have to say that in spite of an array of aches, pains and a chip bone in my wrist due to the way Delmar Maryland maintain their streets I am not really that bad off as compared to a number of people I know or have seen in the past few days.

I have a 50 year high school class reunion this fall and I know the only people who will be there are old people.

Monday, August 01, 2011


Picked Up from the Delaware House of representatives newsletter

Shortcomings of Recycling Law Must be Addressed
By State Rep. Nick Manolakos

Signed into law last June, Delaware’s “universal recycling” law has been the subject ofanger and criticism by many citizens.

Chief among these complaints is the legislation’s mandate that waste-haulers provide
every single-family home with “a wheeled cart for the purpose of storage and collection of recyclables.” In most cases, these carts are large 96-gallon units.

For younger families with homes including large yards and/or garages, moving and storing these containers presents little problem. However, for the owners of smaller residences, these units have become a ubiquitous eyesore. A brief video clip posted on YouTube, entitled “State Law Trashes Mendenhall Village,” illustrates the problem. Unable to place them anywhere else, these ugly containers are shown crowding the sidewalks of the townhome community like blue and gold sentinels.
Additionally, elderly residents often find the large containers too large to move safely.

Although citizens are not compelled to recycle, they still must pay for the service and waste-haulers are required to provide them with recycling containers. Once those
containers have been delivered, most of the citizens I have spoken with said they have been unable to get their waste-haulers to take them back.

Discovering how much you are paying for curbside recycling may be difficult. In fact,
the recycling law specifically prohibits waste-haulers from listing the expense of
recycling as a separate line item on their customers’ bills. A proposed amendment to
the original law – allowing for the delineation of recycling’s cost – and a separate bill (House Bill 29) introduced earlier this year to accomplish the same goal, were both defeated.

Remarking on the failure of HB 29, the bill’s sponsor, State Rep. Dan Short, said:
“Nearly every consumer bill I receive is itemized; yet making this simple change in this instance seems to be taboo. We’re mandating that people pay for this new law, but we’re purposefully concealing that cost. The people who favor doing this seem to argue that it’s acceptable to keep the public in the dark when your cause is well-intentioned. That’s a slippery slope none of us should be comfortable heading down.”
What is a little unsettling is that full impact of the universal recycling law has yet to be completely felt or understood. The law is being implemented in three stages, with single-stream recycling required to be supplied to single-family homes by Sept. 15th; to apartments and condominiums by Jan. 1, 2013; and to commercial businesses by Jan. 1, 2014.

Largely ignored during the debate is that new law contains aggressive goals for
recycling and diverting material from landfills. In just three-and-a-half years (Jan. 1, 2015), Delaware citizens and businesses are expected to divert 72-percent of all solid waste away from landfills. On Jan. 1, 2020, that benchmark rises to 85-percent. If these interim diversion goals are not achieved, the Department of Natural Resources and Environmental Control (DNREC) and the Recycling Public Advisory Council (a new group established under the recycling law) will recommend “any additional mechanism necessary” to reduce the amount of waste heading to landfills. Under the law, these recommendations could include banning specific types of waste from landfills; and/or implementing “Pay As You Throw” and “Extended Producer Responsibility” laws.

These recommendations, including draft legislation to implement them, are to be
submitted to the General Assembly no later than Nov. 1, 2014.
Before the universal recycling law results in any new legislation, I believe we need to fix what’s wrong with the current statute. Waste-haulers should be required to take back any recycling container when requested to do so by a customer. In townhome
communities and other venues where individual recycling containers are impractical, the law should allow for them to be replaced by centrally-located communal containers.

Lastly, customers should be allowed to know how much curbside recycling costs. They
are paying for this mandated service and that information should not be intentionally
obscured by the actions of a paternalistic government.

There are few people in our state that would argue against the concept of recycling.
Diverting waste from landfills and conserving the use of energy and raw resources by
increasing the use of post-consumer material is desirable and provides societal
benefits. However, supporters of our current recycling law need to concede that it is an imperfect instrument and that efforts to fine-tune it are not synonymous with attempts to destroy it.

The universal recycling law is here to stay. We need to make it work better for the sake of everyone it touches.

Saddler and Hovatter - 1961

There but for the Grace of God, Go I

I went by the Doctor's office this morning to have my wrist checked again. There was a woman there who was a burn victim, it made my little problems even smaller compared to the challenge she must have endured and will continue to face.

I understand that one of the most frequent accidents for women before 1900 was for their clothing to catch on fire while cooking on a fireplace or campfire. The volume and length of their clothing would swash or blow into the fireplace or embers blowing out of the fireplace would catch in their clothing.

Back on June 5th in a post I had picked a few selections from Mrs.Miriam Davis Colt story of going to Kansas. In it she mentions;

“ The bottoms of our dresses are burnt full of holes now, and they will soon be burnt off. If we stay here we must needs don the Bloomer costume”

And by MAY 30TH. –“ Am wearing the Bloomer dresses now; find they are well suited to a wild life like mine. Can bound over the prairies like an antelope, and am not in so much danger of setting my clothes on fire, while cooking when these prairie winds blow”

Sunday, July 31, 2011

George Lorenzo Long and Delmar

Above George Lorenzo Long

George Lorenzo Long was one of the people who left his mark on Delmar. Produce grower, packer and shipper, largest carload hauler of Holly in the winter, the town' largest property owner at the time, builder of homes, he owned sawmills, trucks, and warehouses, a director of Bank of Delmar, on a number of boards, and a member of the town council (couple of terms). Long was one of a number of people who had a great influence on Delmar from Elijah Freeney, Elijah Holloway,, T. A. Veasey with his hotels and car lots, The German family and Brickrow, Liborio Villani and his Delmar manor, and the John M. Disharoon Family and Houihan family with their Holly Oaks.

G. L. Long was born November 20, 1876 near Frankford Delaware. His family later moved to Melson. When he married Amanda Ellen Penuel in 1897 he moved to Delmar. Prior to 1930 he was one of the most successful men in town, but by 1930 the great depression put him out of business. Altho Delmar avoided some effects of the depression because it was railroad town not every one worked for the railroad and they could not escaped the effect of the great depression. G. L. Long was one of those who did not. In 1933 he moved to Salisbury, at age 57, to start over again. He achieved success once again altho not to the level he had achieved in Delmar.

G. L. Long was a builder of homes and by 1921 he had built 42 homes in Delmar, most of these were of the American Four Square Style. Matter of fact a high percentage of the American Four Squares in Delmar were built by him. Above is a photo from The Peninsula News (Delmar newspaper) in 1921 showing Pine street and a row of homes he built.

This is Pine street today as you can see the homes are pretty much the same as in 1921. Today the street is paved but it was paved along time ago and to walk it or drive it you can feel the effect of lack of maintenance on the Maryland side of town.