Cedar Rapids Gazette, May 24, 1974, Page 7

Cedar Rapids Gazette

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Publication name: Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

Pages available: 2,922,550

Years available: 1932 - 2016

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Cedar Rapids Gazette (Newspaper) - May 24, 1974, Cedar Rapids, Iowa They'll Do It Every Time The family watches tv,and it's pretty pallid! How To Choose a Senator for Speech lly I>i« K V\«xt VV ASI IINCi'I'ON (I IM) As required by the rub s, I senator* recently bird leports show mg how much outside im come they collected lust year I rom speeches aud w i ilmgs. The Iota! came to $1,027,IKM), which indicates thoro is a hi -demand for senatorial oratm > I in sure the private or qani/ations that shelled out that amount iii tots and honorariums were solely interested iii eloquence Purely Coincidental The fact that some of them had business before congress was purely coincidental and surests no miproprietv Nevertheless, it might be absorbing to see how, say, the National Assn of Swizzle Stick Importers goes about selecting a speaker for its annual convention So let us look iii on a meeting of the program committee Okay, fellows, we need to come up v\ it Ii a real soeko program for lins year’s closing ba liq u ut It will help make amends for w fiat happened last year ” “Hight That three-hour speech by Sen Torporbolt iii Dick West praise ol motherhood had hall tile delegates vowing they would never attend anothei convention as long a they lived Von were on the pi ogi am committee last year I.nile How come you picked Sen Torporbolt as the after dinner speaker?” Ile was highly recommend cd by our lobbyist iii Washington “Did the lobby is! tell you Torporbolt was a silver tongued orator Swi//le Quota No, he told us he needed someone to introduce a bill to repeal lite swizzle slick import quota "Iii I hut case, you were lucky to find such an eloquent speaker lur only $ > HIH) VV hat ’s the status ol the (piota lifting bill tins veal ' It s st ill hung up iii the subcommittee headed by Sen I ra ,libero I hear that Sen < i a ii boro is a real spellbinder \\ hote did you hear that ’ Krum our lobby is! iii Washington “Ile sounds like just the type of elocutionist we need to make lins year’s banquet program a rousing success ” “I agree, full an orator of his caliber might be insulted by a So.OOO honorarium Perhaps we should raise it to $7,500 lust to be on the sale side " ‘ "I hat s a good suggest ion I ll order the programs printed right away Did our lobbyist indicate what subject the senator would speak on’' Yeah Ile is one of the senate’s foremost experts on motherhood OS THIS DVD. in IOU in World war ll the Dorman battleship Bismarck sank the British battle cruiser Hood in the North Atlantic with a loss of I .{IHI lives OS NHS I)ATK iii 10(12, \s It orion) M Si oft ( argenter became (fie second American to fly in orbit as he circled the eartii three times The (edar Rapids (ij/ette: I ii . May 21, 1971 J SEVENTEEN    by    Bernard    Lansky "This one is marked down...He still says Agnew is Vice President!" ■"■"■■"I "i nj*1 .......  mnmmmm rn, rn.    ..... The Investors Guide By Sam shulsky if— We are a retired couple iii • oil early TIK We own TOO shares of AT and T, purchased 12 to 25 years ago. Since AT and T has been a poor performer, would it be wise for us to sell all or some of our don shares and invest the proceeds in three or four other high-quality, but now depressed. stocks with good dividend records’’ At present prices, I would have to pay only a small c apital gains tax for each AT and T share I sold A —lf you’re looking for stocks with good dividend records you won’t find many income stocks fitting that definition better than Telephone*. It has been paying dividends without interruption since I HH 11 In the last dozen years it has increased the payout from $1 oil (adjusted for stock splits) to $3.IIH While the* stock has been a disappointing market performer the steady increase in div ideml payout is in an important factor in your case. Further, it meets the quality requirements for retirement income* There remains, of course, >«-/■;    7    u    Sam P Shulsky the question ol diversification — whether you should have nearly $2(1.000 in one security. Also, there is the question whether the common share’s yield of around HU percent is as good for your purposes (and especially at your age) as the N percent-!! percent current yield obtainable from some of Telephone s bond issues If you make any change at all. it should be toward high-grade, high-yield bonds — and not into “depressed” common stocks in hope of a market profit. * * # if—I converted K bonds to ll bonds last month Docs that mean I don’t have to pay taxes on the accrued interest in tile old Fs until April 15, 1975? A-—Yoo don’t have to pay tin For Better Health Recent Study of Siamese Cats Aday Help Juveniles ID Dr. S I.. Andelman One ol America’s most copular breed of cat —■ the siamese — may help save the Ives of many children now loomed to death by a rare mon disease The relationship between the .its and humans, like so many •titer advances in medicine, vas discovered almost by ae-ident when a veterinarian riend ol a researcher at the Diversity of Alabama medical -enter in Birmingham brought urn a Siamese kitten. The knell exhibited a disease which ippcars virtually identical to he human disease known as uvcnile (IMI (langliosidosis Chal is all inherited bruin 11 sea-a* which, because of Hic ibscnce of an enzyme, causes hoi ressive deterioration ol lie nerv ous s\ stem ( hance lo Study Bv brceeding the diseased kittens. Dr Henry Baker and lls colleagues believe they lave an unprecedented opportune to study a whole range of be brain disease which affects md kilh HNI children each year ii the I lilted Slates In children as well a*' iii cats hilitv to walk is first affected the time a child is 2, lie ,nu*t Im* able to use bis arms i legs Death usually comes \ tin* age of 3 I bere is no Mown cure Ton Sachs discase, wbu Ii af eels Jewish children ut iiropeuii ancestry , is the most kiddy known form of the ist ase One ill (‘very HI dropt an Jews is a carrier for ay Sachs as is one iii SIMI Members of the general in p ii Itll ton However Dr. i Iv el say s other forms of Hie iscose affect the entire npllUlt loll Whole System Ile explains I hut Ins eat dotty is important because it -Ives the researcher* <• chalice o observe “a whole living system Some ut the eats are free if tin* disease, some are anders and some are stricken lost like a cross section of min,ms I tic advantage of tile als however, is that they can ic studied at vs ill while hildten, abvloiisly, can I Hopefully, Dr Baker s r ats Dr. S. L. Andelman will enable tin* researchers to figure out what causes the disease aud how to treat it Dr. Andelman welcomes letters outlining problems in* may discuss in future columns Ile regrets, however, be cannot personally answer mail. W rite to him iii cure of The Da/ctte. SMULEKQFF’S tax then, either. The amount of the taxable interest has been marked on your new ii bonds and you can continue to defer the payment of tin* tax on that interest as long as you hold the Ii bonds. * * * if—We have $50,(MNI iii ti percent savings, lf we draw $4,OOO a year, flow long will it last'’ How long would it last if the bank boosted interest to 7 percent'’ (Mease don’t toll us to go into stocks — we don’t trust the market A—-A withdrawal ol si.OOO a year I rom a Ii percent account would exhaust* the money in 23 years ll the money were earning 7 percent interest, you could continue draw mg $4,000 a year for 30 years * * * Q— Please tell me how much the government is involved iii such agency issues as the FNMA, Federal Land Bank (iNMA bonds \—I refer you to page 13 ut a comprehensive bond brochure which you can get free for the asking: “The Bond Book . Merrill Lynch, Pierce, Fenner and Smith, PO Box §40. Church Street Station. NYF, 10008. Iii addition to these issues, the book discusses all forms ol corporate and tax-exempt bonds. * * * ()-—I made a mistake selling my home when I lost my husband. Now. at age HO, I find myself w itll everything iii cash. Isn't that stupid? A—ll certainly basil t been stupid iii recent years I’d say that if, in a period of personal tragedy, you did nothing other than turn all your money into insured bauk accounts you did exactly the right thing I oo often the loss of a husband leads a woman into a frenzy of investment - iii stocks bonds, mutual funds real estate — which often turns out to have been all wrong At HO I don t see w by y oil can’t leave Hie money where it is. with perhaps some movement into the boud market for slightly higher yields If you average about 7-8 percent from all your funds — with no risk — I’d say that's pretty good r BRIDGE amount ol a customer Margin: The money paid by when he uses the broker's credit to acquire securities. Margins art* regulated by the Federal Reserve and have varied over the last few decades from 40 percent of tin* market price of tin* security acquired to HIO |M*reent — that is tm credit at all allowed ('arrentIv, it is at all percent LAFF - A - DAY By Oswald & James Jacoby In heaven suits always break, finesses always work; arid all contracts come home In this mundane sphere things aren’t always that pleasant South won tin* club arid promptly played out the ace and king of trumps. Fast showed out but that didn t worry South He played his ace and king of hearts West ruffed, played his queen of trumps and led another club. Somehow or other when tin* smoke had cleared away, South found that he had managed to NORTH ♦ K 12 V in:, 2 ♦ A 8 J ♦ lf. >4 VV FST 4 Q J 9 3 Vo ♦ Q IO 7 4 A Q J IO 3 SOUTH <D> 4 A 1015 4 V A K 6 4 3 ♦ K 5 + \ 24 KAST 4 8 V Q .J 8 7 ♦ J 9 6 2 ♦ K 8 7 2 VFW Leader: Restrict Amnesty to Gen. Lee ( HILADO 0 Pl) - Beslur trig citizenship to confederate (.en Robert F Lee is all right, su'.s I hr* commander of the Veterans of Foreign Wars but an attempt in congress to link it to amnesty for Vietnam-era draft dodgers won’t wash “The American people will recognize the cynical effort to link Lee, a man of massive ( ha rad cr and attainments, with I he mot ley crew that pushed worthier men into the line of fire as being an effort to grant ‘amnesty ’ by I be back door It won’t work ’ said (dmmunder Ray Soden. Lee never got around to filling out the needed papers to Im- reinstated as a I . S citizen after the < Tv ii war West ‘Pass Pass Both vulnerable North Fast 24 Pass South I 4 Pass 4 4 Pass The bidding has been West 14 Pass North Fast Double Pass 24    I’ass 24 South 24 You, South, hold 4Q 965 VK 447432 + IO 65 What do you do now’’ A —Hid two notrump Your partner's two-spade call is a forcing hid and this is your obvious rvsponw. TOD AY’S QUESTION YOur partner continues to three hearts What do you do now'’ Answer Tomorrow Opening lead - +Q L...... salvage only eight tricks from the mess Correct play would have brought the contract home in spill* of the bad breaks South should play his ace of hearts; lead a trump to dummy’s king and then go back to hearts. West would ruff the second high heart and probably lead a trump. Not that it would matter what he led South would be back on lead and play a third heart, Fast would win and lead anything he wanted. It wouldn’t matter. South would get to ruff a heart in dummy to establish his last heart as a winner r if rn An** CVY MIRV Rf fRVI QtART Canadian Reserve. It tastes so good you won’t mind paying less! Canadian RESERVE ON Tills I) XTE III 18*3, the Brooklyn bridge in New York was opened V / HI) Pe nim I <j|( .him Jtdatixl Distills! lYoductx, tin ,< hka<|0. Ut. WIW A “I may be dumb in school, but i’m not stupid enough to band this report card to my dad in person.” RENT A NEW PIANO $11100 Only Is I All Rent Will Apply lf You Decide lo Buy! Per Month No Cartage or Drayage to office approval ll 11,THI! I WXKirs lib SECOND STREET SE COLOR IS WHAT BEAUTIFUL CARPET IS ALL ABOUT. AND OMEN IS ALL ABOUT COLOR. OMEN CARPET BY ARMSTRONG V x/ % Like fireworks lighting up a hot summer evening, Omen explodes across your living room, bedroom, or den with exciting, irresistible color , vivid, vibrant color kaleidoscopic color that will brighten up every room in your home Omen is a lusciously^— multicolored carpet in 18 colorations that range ail the way from the bold and brassy to the cool and serene And, because it s made of 100% nylon, Omen s colors will last and last while tho carpet wears and wears. Isn t it time von put a little color in your life?    $10.95    Sq. Yd. SMULEKOFF’S SMULEKOFFS 2'A tcr*» of •YO'yth.nfl for fkt homo Third Avenue at First Street SE In Downtown Cedar Rapids Open Saturday 9 a.m. to 5 p.m. 18 Inches Wide, Countertop High Compact Refrigerator by^ MAGIC CHEF SIAO95 Woodgrain I lf 95 It s Moyie Chef x all around, convenient, refrigerator. Ideal for offices, in motel and hotel rooms, for dens and rec rooms or efficiency apartments and cabins Safe stoiaye for medicines in doctor, dentist and veterinary offices , . . photo supplies rn studios. The compact refrigerator tak,*s very little- space being only 18'4 inches wide Come in now and set- this most con vement, compact refrigerator in wood-gram or white finish I J White ’139 Look at These Features: • 9-settmg temperature control • Tall door shelves for bottles • I 8 lb capacity freezer with swing-out door • 2 ice cube trays make 28 cube s • Rack for 7 eggs, lemons or limes • 8.5 qts. capcity euch, twin crispers for vegetables and fruits • Store up to 5 lbs of meat in covered tray • Moi proof counter high top provides extra work area • Quiet operation, with 5 year warranty on sealed compressor • Magnetic door gasket seals cold in and attractive, recessed handle saves bumps FREE PARKING For Our Customers, Using Park and Shop plan. SMULEK OFF’S TERMS TO FIT YOUR BUDGET ;

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