• / business

^T\ Sandpiper Monogramminif ".'Mr; ^VJ. \\« V\ ililu'imd I rrst ifliO SPECIAL! Buy One Kid's Sweater at regular price GET ONE FREE! Each sweater includes mi inotf rammed name or initials. Nl /poofe StuifificV \ / JUST ARRIVED: \ I EASTER CARDS * v \ - ^ \ . DAWN stuffed ||j^iM.s a

\tZ2P\ PaineWebber's GNMA Portfolio . j • Monthly income <>r automatic reinvestment • Principal and interest hacked hv I'.S. ( lovernment • Suitable lor IHA, Rollovers. Keo«;h. Pension Plans, • Alternative lor ('I)s • Suitable lor Ret ired Persons Pa>t pertortiMtiH e should not be considered an inriicntion of tin lire result- and the net asset value ot shares redeemed m.*i\ be more or less than your original cost. Open a self-directed IHA before ! April 30, and get the first year free!** Call Mark Cohen at (609) 653-4800. Or mail this coupon. .••■■•Thank you ■•••• : Pain^ftfebber s ® Air. Mark Cohen. hiincWehlicr ® B Building A. Suite 1 . |.M) WesH Vdnr Avenue. B fl„»muTsh.ini. N-IUMiM t (G09) 05:1-1800 ■ mm L'lu.i-t M-mliiii-tiiMrriiiliirniationon l'mn»A\Vt»t»«T » < 1NM A Pnrtlnlm. uuiuriinu ■ ^ ;i |Tr^-|»«*« •in- in rend i-aretiilK lielure I inveni orfeend monev. rw-^ — — B B - m c" sii't .. jt m m •<** ! BUS ■ • g "VS . - . £ m ♦ •■■■■■■■■■■■■■ ■■■■■■■■+ •This represents the y teld lor the htinrWfhhrr GNMA Portfolio from Marrh •». 19 HA to Marrh •"». tilMli ll is l»a>ed on the ollerinn price, including maximum sales charge o| 4.J.Y«. Sales charge- and I he actual yield realized by individual investors may vary depending on the costs applicable to their individual investment Beginning NAV: SUM: ending NAV: $10. 22. ••Find year's setup lee and annual maintenance lee is waived.

Sachs Suggests Changes In Fishing Loan Policies

Ba JOE ZELNIK COURT HOUSE - County Economic Development Director Walter S. Sachs Jr. has recommended freeholders make the decisions on lending from the county's Low Interest Loan Program for Commercial Fisherman. He called this "an effort to separate this program from the Industrial Development Commission and place fiscal responsibility with the freeholders." Currently the loan is initiated through the Department of Development and examined by the commisi sion's loan selection comI mittee whose recommen- \ dations go to the commis- | sion. Three commission I members serve on the sixj person committee. I DURING THE DISCUSSION. it was revealed that the county has taken over financial administration of the program from First National Bank of Toms River, which was doing that job for a fee. Sachs also said he'd like a "policy decision" from the county, or the state, on

whether the program was limited to •small" fishermen, and "how to define 'small'? "Can we actively, discriminate against a large fishing operation?" asked Sachs. THE PROGRAM is operated with a $500,000 grant from the federal Small Cities Community Block Grant Program administered by the state Department of Community Affairs. The first $500,000 has been loaned and additional money is becoming available through loan payments.^chs said. Loans-^rft limited to $50,000. with $100,000 available in some cases, for a period of three to seven years at an interest rate currently about 7 percent. PROGRAM GOAL is to create or retain low- or moderate-income jobs. The borrowers also must "leverage" some private funds. Sachs also asked for "a policy decision" on whether party boats could be included in the program. And he said he also questioned whether the program could make "loans or grants" to be used "for research and consultations to benefit the fishing industries." As of March 1. the program. funded in 1984. has made 16 loans. Sachs said, and about a half-dozen are at least one month in ar-

rears on their payments. WITH INSURANCE more and more closely for fishermen, Sachs said there should be a decision on "who is in the first position. the lending institution or the county, in event of default. "If we're second and there's no insurance, this gets involved." said Sachs "Our feeling is we should

keep the loans separate." Sachs also reported on a proposed billing program at the airport industrial park to keep rents current. When he took his job last October, he said, "rents were in arrears $30,000 to $40,000. That is down to less than $2,000. "They will remain up to date or we will have a new tenant." Sachs concluded.

ij EASTER \\ f j RUSSELL STOVER CANDIES (/ EASTER BASKETS-COCONUT CREAM I f AND FUDGENUT EGGS-CHOCOLATE V\ I y BUNNIES-GIFT WRAPPED BOXED U 4 CANDIES-JELLY BEANSJ PLUSH CHICKS and BUNNIES { ! BY RUSS ; J 'EASTER EGG DYE'EASTER GRASS [ 4 PLUS OTHER NOVELTIES Y NEW SPRING SHADES [ j BY REVLON V Cj FREE Revlon Stayliner Eyre Pencil with the Y. I purchase of any Fleurs De Jonlue Fragrance V j 'KEEN'S PHARMACY • H m 2809 Dune Dr.. Avalnn W YA 967-5541 [j Mon.-Sai. 9-6 •

i Sturdy's w® IRA Rates tSJJP Are Higher! mm . . . With More Plans To Choose From! rYffl You earn more trom Sturdy s wide selection ot tax deducti ble IRA savings plans because Sturdy otters htgher interest rates with more ways to invest , \ Choose your Individual Retirement Account tor terms ol fyear ISmonths 30months 3yearsor5yearsatSturdy' Each is carefully designed to meet your specific needs in the most renieni and cost etlective way1 Call our IRA Hotline tor intormation We re happy to help1 For top rates and top IRA selection, no one compares to Sturdy! STURDY'S IRA TERMS AND RATES -vpr CURRENT EFFECTIVE ___ RATE ANNUAL TttLP OMftBMw. , 8.15% 8.40% 18 Month Bat* ) 8.65% 8.93% ] 30 Month Bat* ) 9.20% I 9.52% 1 3Yoqr(rt,.d»a», 9.40% 9.73% _____________ 5 Year <ru*a Bat* j 9 60% 1 10.16% i ll NL Month <VanaW* Bat. , 7.65% 7.93% *i03"g/u*t $500 Minimum Deposit 'S100 Minimum Deposit *3 si— t wffcr mt i— Mijagjj Slort* Harbor • Avalon • D*nn.*vill* • North Cap* May • Cap* Miy Court Houa* FSIlCj 368 2911 967 7541 861 5162 884 5656 465 2700 ■»