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Newspaper
Destin Log
Location
Destin, Florida, United States of America
Date
Aug 20, 1983
Page
5
A narrator recalls a family culture of barter from childhood, contrasting parents who gave or kept as needed with a brother skilled at trades. He describes learning to drive via a repurposed Caddy frame and building a bicycle from scavenged parts, illustrating a long standing, self made economy rooted in exchange and clever fixes.
A first car tale details a Model A roadster built from a brother’s barter spending 25 dollars on the body and 6 per tire, plus a canvas top. The owner kept it a decade, sold for 295 in the mid forties, and muses on barter luck, moving scrapped items, and forecasting value of keepsakes decades ahead.
The stock market rallied this past week from deep oversold conditions while the bond market also rose on a strong July producer price index and a favorable money supply report. The call remains for a cautious bullish stance, with a wait for retests of last week’s DJ 1160 lows before declaring a new upleg, and traders urged to sell into the bounce to raise buying power.
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