Bring your own caddyThe May issue of… (original) (raw)

Bring your own caddy

The May issue of Golf magazine includes Wheaton`s exclusive Chicago Golf Club in a list of 11 American courses exhibiting ”classic golf

architecture.”

The 18-hole course was laid out in 1894 by ”the father of American golf architecture,” Charles Blair MacDonald, and then redesigned at his suggestion in 1923 by his protege Seth Raynor.

”It`s one of the gems we have in the Chicago district, truly a classic,” said Robert Van Nest, a past president of the Chicago District Golf Association (1982-83) and a rules official of the United States Golf Association.

”I`ve played golf all over the world, and wherever I go, people ask about the Chicago Golf Club,” Van Nest said.

Golf heaven it may be, but you can forget about playing the Wheaton club unless you are already one of the 125 members. However, for 7.50weekdays,7.50 weekdays, 7.50weekdays,8.50 weekends and holidays (nonresident fees), you can play a course that was the prototype for the Chicago Golf Club.

Formerly called the Belmont, it is now the Downers Grove Golf Club, located at 2420 Haddow and owned by the Downers Grove Park District.

”Few people remember that the original of the Chicago Golf Club was built at Belmont by MacDonald in 1892,” said Van Nest. ”I was out there last year, and for a nine-hole course, it`s very nice.” SOURCE: By Betty Lundy.

Budding barons

Has your stock portfolio recovered from the Dow-Jones` history-making tailspin in the fall of 1987? If you were lucky enough to own shares of Tail End Inc., a Wheaton company that was traded on a very small board at 2ashare,yourreturnoninvestmentlastfallwasmorethan500percent,or2 a share, your return on investment last fall was more than 500 percent, or 2ashare,yourreturnoninvestmentlastfallwasmorethan500percent,or10.82 per share.

Hold off on writing that five-figure check, however; Tail End Inc. is out of business, not because it wasn`t profitable but simply because the semester ended. The company was created, capitalized, managed and closed out in one term by students in Wheaton Central High School`s applied economics class, taught by Dianne Havertine.

Final figures are not yet in for this semester`s company, a T-shirt and sweat shorts business called The Bottom Line. Early indicators are optimistic: The officers and their associates recently made plans to do lunch on LaSalle Street.

SOURCE: By Betty Lundy.

Originally Published: May 21, 1989 at 1:00 AM CST