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Cedar Rapids Gazette (Newspaper) - January 15, 1974, Cedar Rapids, Iowa They'll Do It Every Time PWB THE OFFICE WAS LETQOWHEM CAUS HIM COTTIN3 UP' CAUGHT THE KID MADE IT BIS OM TV- LISTEN TO THE TAUNT SCOOT, t 6TARTEP. TUB HAKROMPH.' FWER TOWELS ARE TOBERECVCUEPBy PRYINSTHEMOM THERAPIATOR! HIS TAI.EMT.1 I ALWAYS KNEW AN IMITATION OF ME, FRIPPER? YOU'RE FiREP" y Sum Shulsky (2 I huvc long-term stuck isses of about I intend ow to buy treasury bills at a iscount and use Hie long-term ains to offset my losses over ne next several years. Com- ments, please. can't do it with trea- ury bills, because the return on iiesc bills is considered current ncome- and not capital gain, i---------------- You could, of course, assure in" capital For Beffer Health Carrying Extra Gas Can In Car Can Be Dangerous By Dr. S.L. Andelman .Gas shortage or not, don't take an extra can of gas along on your winter trips. That's the advice tho National Easter Seal Society which each year treats thousands of children and adults who are handicapped as a result of automobile ac- cidents. Easter Seals issued the warn- ing because of growing reports that drivers are hoarding gaso- line for use when service sta- tions are closed on Sunday. Heed this warning: Gasoline can never be safely stored in a car since gas contracts and ex- pands with changing tempera- tures. The expanded gas can split the seams of unvented gas storage cans or plastic contain- ers and can leak from .vented safety cans. As the gas warms Dr. S. L. Andelman By Oswald James Jacoby The opening notrump is a pic- ture bid. It describes a hanc with a definite point count. The standard is 1G-18 but more im- portant it describes .a hand with a balanced pattern. To get best value from your notrumps the hand pattern should be 4-3-3-3; 4-4-3-2 or 5-3-3-2. Since the notrump is a picture bid it is possible to develop very effective methods of responding to it. With a balanced hand you NORTH AQ64 41063 WEST VQJ108 3 J982 A84 SOUTH (D) 4K1083 VA76 QJ9 Both vulnerable Norlh East EAST VK943 4Q75 West South 1N.T. Pass Pass Pass Pass Pass Opening lead-CJV Pass simply add your points to you partner's. The total determine whether you want to play a pai score, game or slam. The Slayman conventio allows you lo find 4-4 major su fits. North's two club is an ex ample of this convention. Th bid does not show clubs. I merely asks partner to bid four-card major suit if he ha one. South docs have one and bic two spades. North raises rigl lo the spade game and Soul proceeds to make his conlrat with an overtrick by drawin trumps; knocking out thc ace clubs and eventually losing th heart trick. South would also make Hire notrump because the cncm hearts divide 4-4, but spades the right spot. The bidding lias been: West North Kiist 14. 1'nss 1'nss IV I'ass You, South, hold: South What tin you do now? A Kill one spailc. Tills lilil Is n (inn roimil force. Your hand Is not quite strong enough lo to two spnclrs. TODAY'S QUESTION You hid one spado imil your partner roliiils ono notrump, What (In you iln Answer Tomorrow id expands, the entire trunk well as parls of the passen- :r compartment may be .led with gas fumes. When that appens, any spark, whetliei om a backfire, car ignition 01 lort in a taillight, can set off a thai explosion. Explode The gas may also explode or mpact, as in a rear-end colli on. The explosive power of on allon of gasoline is equivalen approximately 14 sticks ynamite. To avoid explosion, Kaste urges drivers to leave tha xtra can of gas at home. In ead, keep plenty of gas our car's tank to avoid'bein randed when gas stations ar osed, or when they're low o as. The National Safety Council choes Easter Seals' warning, ailing gasoline cans "lethal liq- id bombs." Hans Grigo, the o u n c i 1' s safety consultant, rams there is no absolutely afe way to store gasoline ci- ler in the car or in the home. .s an example he cited the case f two safety experts who laced a safety can full of gaso- ne in the trunk of a car, moved a safe distance, left the en- ine running and waited. Within 0 minutes the car exploded. Pilot Lights In the home, Grigo says vater-heater pilot lights are the 1 catalysts of gasoline ex- )losions. The only acceptable Tiethod of storing gasoline he xplains, "is in the gas tank of car." In addition to being, unsafe, toring gasoline is also illegal in nany areas. In Chicago, for example, the inly legal way to store gas in my quantity is in a tank below ;round. It's against the law to store gas in a residence and is almost always illegal to carry gas in a car trunk. Dr. Andelman welcomes Ict- crs outlining problems which ic may discuss in future col- umns. He regrets, however, tha 10 cannot personally answei nail. Write to him in care o The Gazette. )rug, VD Sessions Set at Washington Sessions on drugs and ven real diseasq will be offered by ie Washington high schoo 'arent-Teacher Student A s s n an. 22 at the school. The program will consist o wo sessions running simulta icously from p.m. to i.m. and repeated at p.m o enable those attending to tak lart in both sessions. The session on alcohol an ilher drugs will be presented b fames Cooney, director Foundation II, and Duane Jack son, director of Carrollton Foun dation. Betty Blakey, nurse at Wash ngton, and Martin Ralston 'rom the Linn county healt department, will present th session on venereal diseases. The Investor's Guide Sam Shulsky come on stocks held in their port folio. They are not a simple vehicle. And can guarantee nothing. The Cedar Rapids Gazette: Tucs., Jan. 15 1874 Fifth Grader at Harrison Wins Essay Contest Cheri Kepler, a fifth grade j Moines area will be held Jan. 23 student at Harrison elementary at the Town House Motor Inn, Management Event Is Slated in C. R. A management conference for small businesses in the Des school, has been named first Kirst avenue SE, co-spon- sored by Kirkwocd Community and as simply as 1 can put it-is, America because e s say R contest sponsored by the Vtt- The income idea, place winner of the "1 love based on having yur broker sell a call against 100 shares of a stock you hold in your portfo- lio (or will buy and put into ycur which you are content to keep at least for Bui re-lthc lcnBtn of thc cal1 you ourself of long-term gains by uying deep discount treasury jonds (not bills) or U. S. agency jonds, that low-coupon cor- loratc or "municipal" bond. I ;trcss quality because when you >uy a bond selling at CO or 70 or 0 you want to feel confident hat thc bond will be paid off at par. The fly in this ointment, of course, is that if you now pay 77 or a U. S. treasury Vk percent )oncl coming due in November, 998, lliere isn't much chance you will get 100 (par) for it jefore money rates 'all back to around thc Vk per- cent level before then. And I wouldn't hold my breath until that happens. What it boils down to is this: You can lose money in stocks a "helluva" lot faster than you can assure yourelf offsetting capital gains in bonds. That shouldn't stop you, how- ever, from considering this as- sured, if much slower, course. For example, if you were to buy Commonwealth Edison's 3s due Februarys 1977, at around 87, you could feel pretty sure (it's rated AA) of a 13-point capital discount alone is not enough. You must pick qual- ity so as to feel pretty certain that, come maturity day, you will have that 100 cents on the dollar in hand. Correction: A recent column gain in the next Undoubtedly you other such bonds with "lockec pooh-poohed the suggestion that me could go short a stock by luying warrants on the same itock and turning them over to he broker as collateral, he pooh-pooing should be directed at this column. It is a >erfectly legal and acceptable though not too well known. It you feel particu- arly bearish about a slock, which has warrants outstanding, .alk it over with your broker. broker wants me to sell calls against my stock. He ays I can realize about 24 per- cent income a year. How? A Option trading has liecn given a big boost recently by the new options exchange in Chicago. Options are attractive vehicles for speculators as wel as for sober, long-term investors who use them either as a form Ihree years of "insurance" to prolect their could find present portfolio position, or as a means of seeking additional in sell against it. The term may be a few months, or longer. When you sell the call you re ceivc the money in hand. That's 'ours, regardless of what hap- >ens. If the stock should rise by lie time the option expires to he point where the "call" luyer can profitably complete ,he deal he will take your stock at the agreed price. If it is not >rofitable for him to claim thc stock, he will tear up option and you arc free to sell another r pencil sets and citations, call against your stock. c e Idiatnber of Commerce and the Ki'Sr1 wm Auxl s-" Busi-s Administration- is the daughter of Mrs, and Mrs. John Kepler, 1G71 Eleventh street She will re- ceive an American flag, pen Speakers and their topics will be: Donald Goodnow, counselor, Clear Creek school system, "Avoiding Management Pit- John Thomas, revenue and pencil set, a citation andjagcnti internal Revenue Serv- her essay will be sent on to dis-jjCCi "Reporting Requirements tricl competition. for Federal Employment Tax- Second and third place j. S'icken, Employers ners were Jean O'Neill, sixth Mutual Casualty Co., Des grader at Wright and daughter of Mr. and Mrs. Gerald O'Neill, 1616 Park Towne place NE, and Eric Phillips, fourth grader at Kenwood and son of Mrs. and Mrs. Charles Phillips, 110 Thirty-sixth street NE. They Moines, "Insuring Your Busi- Howard Eichhorn, CPA, Dee, Gosling and Co., "Finan- cial and George Dor- rington, account executive, re- gional sales, WMT-TV, "Adver- rcceive pen andi Registration, including a luncheon, will ens'. ?10, and may Competing in the essay con- made bv contacting Bob Ku- Thcse arc the bare bones wcrc 335 fifth andicci'a> Community col- he transaction. You must first discuss ail the "ifs" with your jroker. If the market for your stock remains practically un- changed, you could sell options several times a year and keep the money. But no fixed return can be promised. have retired with several ordinary life insurance poli- of long standing. What would be the advantage of converting these to paid-up in- urance? wouldn't have to con- tinue paying premiums. Your protection would be reduced, of course, but it may be worth it in order to reduce expenditures. Talk it-over with your insurance agent. grade students from Cedar Rapids Community ele- mentary schools. Judges in the contest were Steve Severn, vice-president of Nesper Signs and a member of the Cedar Rapids Community school board; Robert Rush, a owa Phonc: Paper Plant's iSfeam Causes Phony Snow SPRINGFIELD, Ore. (UPI) Steam fr.om a pulp and paper lawyer, and James and Judy mill stack created a freak snow- Redmonfi, both assistant city at- torneys. Favorite Flavors STUTTGART, Germany (UPI) plan- ning to put flavored lipstick on the market said consumer test- ing showed favorite tastes are wild cherry, lemon, spearmint and orange mint, the South Ger- man Assn. of Retailers said Wednesday. storm here. Motorists traveling near the VVeyerhauser Co., plant at mid- morning said snow and ice par- ticles were falling over a block area near the plant. Plant officials investigated Wednesday and reported steam from the stack was condensing and falling back lo the ground as ice and snow. The "storm" lasted until noon. School Honors Celebrity Grads HOLLYWOOD (UPI) Holly wood high school, which turns out more than its share of celc jrilics, is honoring five former students at alumni day ccrcmo nies. They arc: the late Normal Chandler (class of forme publisher of thc Los Angeles Times; actresses Nanette Fa bray and Alexis Smith, (boll Nobel Prize winning physi cist William Shockley controversial researcher hit' racial intelligence; and Adan Walsh, a national foolball hal nf fame coach, who caplainct the school's gridiron Icain 1010. More Security With FALSE TEETH At Any Time Atrulil (film tia'lli Kill (Imp ill till! wroni; litnc'.' A iti-nhin! mllii'iim- ran I'mviliT ifivra ilcllUilTH a lunitor, Nritinr, Hlnullrr liulil. WliylilMmililtmiNiwilV Kurnuiru iititinrity tinil rmnfnrl, mm KAK- THHTII Ui'iiluri' Aillii'iilvn I'nwilrr. Dclllllrctl Illlil. lit. urn wlni'lillnl In linilllt. Srii ynur tlrntiiil. 2Vz acres of everything for the home 3rd Ave. at 1 st St. S.E. In Downtown Cedar Rapids OPEN WEDNESDAY 9-5 THURSDAY 9 a.m. to 9 p.m. Shop Smulekoff's now and get free delivery. For our customers, using Park and Shop plan. TAKES THE BULK OUT OF YOUR TRASH SO YOU WILL HAVE JUST ONE TRIP A WEEK TO THE TRASH CAN INSTEAD OF AND THIS ONE TRASH CAN WILL REPLACE THREE SMC-1 Available in colors: Avocado Gleaming White Gold Coppertone AMANA WILL COMPACT YOUR HOUSEHOLD TRASH big bottles, 3 Ib. coffee cans small bottles soap or bleach containers or small juice cans empty aerosol cans Model RR-4 made only by fVHtSIitti. SAVE OF THE ELECTRICITY YOU USE IN COOKING! ALL THE HEAT GOES INTO THE FOOD IS WASTED! The Amana Rkdarange Microwave Oven is the most efficient energy-saving way to cook! and it's so easy and safe to use. Open the Glide- Out Bin, drop in the trash Close and ousli the Start Switch that's it. The Amana does the rest automatically. It's economical to use. It uses low cost plas- tic bags you find at your supermarket and compacts your trash in hall the lime. Amana oven gives you a start- er sol of GLAD' trash' bags and air spray The round, remov- able bucket can be hosed out outside. The bin comes all the' way out So you can clean the inside and a damp cloth is all you need to clean I he out- side. ana. STOR-MOIV FIVE-YEAR WARRANTY Amann warrants (or live years Irom date ol original pur- cliaso for homo use only in United Slates, replacement or repair ol parts found defective os to workmanship or material under normal use. This includes labor re- quired for replacement ol defective parts. Defective parts are to bo returned through Amona's dealer-distri- butor organization. Owner Is responsibln for serviceman's travel charges, local carlaco, cleaning and normal maintenance. Any product subjected tri accident, misuse, negligence, abuse, defacement of serial plate or nltnration shall void tho AMANA RUFRIGURATION, INC., AMANA, IOWA You can make big savings In the electricity you SAVINGS Ib. Beel Roast SAVINGS (8 oz.) Baked Potatoes SAVINGS Layer Yel- low Cake SAVINGS Frozen Broccoli (10 oz. boil In pkg.) "Comparison of microwave oven and electric rango made by Sac- ramenlo utility District. From the Amana Test Kitchen: 72% SAVINGS Ib. Baked Whole Chicken SAVINGS Lobster Tails (frozen 8 oz. each) SAVINGS Ib. Turkey SAVINGS cup of Instant Coffee SAVINGS from the Fry Pan 4 Hamburger Pallies (4 oz. ea.) Uses less electricity and saves time, tool Cooks most foods in V< the normal time. Automatic Timer Control eliminates useless cooking time and saves energy, too. Only the food gets hoi. No massive heal build up like conventional ovens. Operates on 115 volts. No special wiring needed. Energy savlngn will vary wilh the portions and type ol foods. The foods shown are typical foods and por- tions. Somo pther foods or portions will tail below 50% savings and others will bo considerably more lhan 75% savings. Open a Smulekoff's Budget Account Take Months to Pay Your transaction is a private confidential one at Smulekoff's. Your account slays with the store, is never sold to a finance company. I alflfl 3t TERMS TO FIT YOUR BUDGET
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