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Cedar Rapids Gazette Newspaper Archive: June 21, 1974 - Page 7

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Publication: Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

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   Cedar Rapids Gazette (Newspaper) - June 21, 1974, Cedar Rapids, Iowa                                I he jnvestor's Quide Sain Shulsky It has declined lo me liial Ihe AT and T plan of rein icslm.L; dividends in shares of stuck uilhuul ehari'e is an excelli-nt fur a wiunr lierson who wanls lo build a linrlfnlio. 1 assume then- an- other firms iifferini-', Ihis arrangement A I'tn all nt in" an-, ynuiiK person si tiinj; up a periodn- purchase plan fur building a purlfoliu The advanlaKcs are many, because he or she is Investing when slock markel prices arc low and "plunders" are too cnuraKcd to acipnre slock. Sam Shulsky X. Acquiring stock on a dollar- cost averaging basis, which buys more shares when prices are low-ami fewer when prices are high. More likely to buy the shares of long-established corpora- tions. Following a long-term plan which almost always works mil better than smart-aleck in- and-out trading. I don't think, however, that you are correct on the "no charge" idea. There are fees, but generally quite reasonable fees. Many, many corporations are now offering this plan, aided by brokers and, in some cases, by commercial banks. Any young investor interested in a long-term program of acquiring investment quality shares should consult his broker or commercial banker. Q I am wondering whether, at age 75, I shouldn't put into an annuity in order to bolster my income. I have a son and grandchildren I would like to help after I'm gone. A At age 75, an annuity payout is relatively high and safe (assuming you are doing business with a reputable in- surance company or religious, educational, charitable or ser- vice organization licensed to do business in your However, a lifetime contract will not leave any money for your heirs. And even a refund- type annuity may not leave any money for your heirs. Q We arc retired and con- sidering the establishment of trusts for our daughter. Would this result in asauiti; in i-slaie Lues- What fiirin should ihe Irusi lake1' A These questions can answered only an estate cv per" -Atin knows how much money is involved and many "llier pertinent Vim should not move without such expert advice I'lease comnii.nl on my hsl of stocks" A Him? You don't give me a stamped, self-addressed on. fur a personal reply. And I am not going to print a lung list of slocks, some of which I certainly don't want In Hive iho impression I'm en- dorsing. 4 I think our income tax laws are so twisted that they dri-.e small and-or elderly wage earners to distraction. Why should an elderly retired person lie punished for trying lo add a few dollars of needed income' Why should deprecia- tion lax shelters be granted only to business? People depreciate, too and faster than machines. 1 don't know where you got Ihe idea 1 think our present lax laws are fair. Certainly people depreciate, too. And I find far too many eases of the elderly who are paying taxes which, even though modest by most standards, still cut inln their skimpy budget. While you're presenting tax injustices, explain to me why a company which installs a bet- ter machine to make a better product and a higher profit (and pay higher taxes) gets a tax write-off for that expendi- ture whereas a parent who struggles to lay out a year so that his son or daughter can become a higher-earner (and higher tax-paying) professional gets no tax credit for that or more expen- diture? RECORD DATE: The date on which a shareholder must be registered as an owner on the books of the company in order ta receive a dividend, rights, or a vote at an upcoming meeting. Officials Waif for Pof Bag's Claimant BARTLETT, 111. (UPI) Illinois state police sought the owner of a navy seabag but felt certain he or she would not come forward to claim it. The bag was found along a road. It contained about worth of processed marijuana, police said. Officers speculated the bag had been dropped in the weeds along Ihe road for later pick up. BIG GEORGE! Virgil Partch PECK HEAPING PECK HEAPING FULL PECK Gilt eelln mwdt Free Otliien to fita Hospital DALE'S FRUIT MARKET Rd.NE 1E4-3JI4 OptoSltB "I to (five myself up. I'm tired of running." SINGLE VISION 1 ARllt r.lllCIION 01 MODFRN IIMMt StYlfS AND COIOR5 INCIUDINCi WIKIS DOWNTOWN Cf-IDAR RAPIDS 106 1ST STREET S.E mmioNi !PiN All DAY MONDAY 1HHII SAIIIIIDAY WIN AT BRIDGE Pityriasis Rosea Blemishes Will Eventually Go Away The Odar Rapids (iaiflte: Frl.. June 1971 They'll Do It Every Time By Oswald James Jacoby j South wasted (sine with thi' play (if what hi- considered ,ui elementary hand That is he wasled mi tune at the stall lie ruffed She second spade and Marled after If trumps had broken everything would have heen fine, hut when Kasl showed out t K .1 A r, li 4 A 8 4 A K (i HIT ..71 108 K Sill III (III i .1 Q .1 -I 2 Both vulnerable West North 14 Pass Pass Pass Opening .South IV on the third lead Siitith saw that his contract was in jeopardy. He IhoiiKht a while; drew the last trump and tried a club finesse. It lost and East was able to lead a spado to give his partner three .spade tricks and set South two. "1 Kiiess I should have settled for down remarked South. "Every card is always wrong for me." card was wrong. Trumps broke 4-2. East held the king of clubs and a third spade, but South should have made the hand. If he had stopped to think at trick two instead of ruffing the second spade, he should have discard- ed a club. South would ruff the third spade and play the hand exactly the same way, but there would be a decided difference at the end. When East took his king of clubs he would not have a spade to lead to his partner and South' would bring home the bacon. The bidding has been: 21 West North East South Dblu Pass 2 Pass Pass Pass Pass You, South, hold: What do you do now? four diamonds. This is a good time to show your second suit. TODAY'S QUESTION Your partner continues to four hearts. What do you do now? Answer Tomorrow Chinese Open New Coal Mine HONG KONG (UPI) China's deepest coal mine nearly feet went into operation last month in the na- tion's northeast region, the New China news agency says. The official Chinese news agency said in a report moni- tored here the new mine at Pcipiao, one of northeast China's mining centers, has an annual capacity of tons. Ity Dr. S. I.. AndHman rusi-ji i ;m rtutsniattiiri in iin- lhal Ins skin hli-inislics uill iilnsusl ri-r- Uiinly H" 1'iiliki- main skin iliiriiM-s licit an- iii'i'sisli-nt uiiil (lil't'li-ull 'II r !.tM-: t -i-.ra I-. M'lf Till- lIlsCUM- Will ilisappcar in ahoii! six ami ran-ly Irniilili-s Ilic same M'l'siui aj-Siin I'llyriasis u nil a llKli- licialil in mntliiT Icsliili all nval palrh mi tin- skin willi sliKlilly swnlli'M pink nr red ari-as ariiuiid Ihe nin As Ilic Icsinn unms, it lii-rumes wrinkled, scaly, silu-ry in Hie cenlci- anil lie-ins In flake nil. II appears In he liealniK in Ihe itiditle as it spreads mil u aid ind may In ahnnl twn inches ill diameter. Spread Within five In III days after the herald lesinn develops. ilher, smaller lesiiuis appear. 'hey are usually Incaled nil Hie upper arm, the the trunk ir the neck hut may spread ,'lscwhere. They may itch, siinictimes severely. In must cases, nn treatment is necessary. The lesions heal and all traces gradually fade. In the sun or an ul- inlet lamp helps speed hit! the lanninK must lie en w it hunt liiirn The jiriililein seldom ncrnrs nn tanned skin; in fact, snnie cases have heen noted in which Ihe lesions appeared only on areas under Ihe trunks of a sunliather. lilt- lesinns of pilynasis may sometimes resemhle tin- skin eruptions of persons who are sensitive to specific drills. Or they may look like the sinus of secondary syphillis. Wet Dressing In Ihe unusual case of severe pilyriasis with much itching, Ihe patient should avoid Ihe irritations of soap, hot baths and woolen or clothing. Soothing balms and creams may be prescribed, and wet AQU Founder Sees Peril to Civil Liberties CHICAGO (AP) The ad- ministration in Washington "presents an unprecedented issue" in civil liberties, says Roger Baldwin, one of the na- tion's leading and oldest civil libertarians. Baldwin, hale and hearty at age 90, organized the American Civil Liberties Union in 1920 and served as its executive director until 1950. The activities of (he execu- tive branch "can be construed in terms of civil even though (he issues of freedom, liberty and equality of Americans are not primarily affected, he said in an inter- view Monday. But he said the issues involve, the concept of government at its very heart, explaining that the balance of power between congress and the executive branch has been upset. And that "is the road toward dictatorship, not that we have it now Baldwin spoke of the corrup- tion of the executive branch by the "enormous sums of money" raised during President Nixon's 1972 election campaign and the use of the FBI, the CIA and the Internal Revenue Service for political ends. The administration's activi- ties are a "scandal of the first he said. He said he hopes the con- sequences are election reforms of significant magnitude so that those elected to office will be beyond suspicion and ci- tizens again can trust their government. Baldwin said the emergence of self-assertion by blacks, In- dians, Chicanos, Puertoi Ricans, women, homosexuals and other minorities throughout the world was "something very hopeful and very new." And he said he has "never seen a time when debate and public discussion were freer than they're quite popular, in fact." Baldwin said he continues lo work at the ACLU office in New York one day a week and to consult more frequently at the U. N., in addition to serving on a number of boards and com- mittees. dressing may help relieve I'ltynasis is largely a disease uf voting aduHs and is found in most parts of the world There's no evidence thai pitynasis is contagious or in- fectious, btif there arc some- nun--, aiming many pciiplo in a area. Dr. Andelman welcomes h-l- lors outlining problems lit- may discuss in future columns lie regrets, however, he cannot personally answer mail Wri'" hi turn in care nf The India Sends Captured Arms to Bangladesh DACCA, Bangladesh (l.TI) India has begun returning lo Bangladesh arms and am- munition left behind by surrendering Pakistani troops in the last days of India's HI71 war with Pakistan Information Minister Taheruddiri Thakur told parliament lhal a "substantial number" of arms had already reached Bangladesh from In- dia and more wort; on the way He declined to issue a detailed account of the military hard- ware for security reasons. Pakistan lost its two-week December 1971 war with India and in the process surrendered its eastern wing, now the independent nation of Bangladesh. We don't make averypretty centerpiece... 2' but we make a pretty bang-up Harvey Wallbanger. With Neapolitan Liqueur, who needs the (ancy bottle and ancy imported price lag? Without all the trills, it still makes dozens of bang-up rinks, including a really bang-up Harvey Wallbanger. THE SAMARITANS- CAM PRlVE UOSHWEU'S NOT SOGOOP.SO HIM VWER6 VO) BW5 HANG KM AN IUSMWEU, WAS SAYING HOW HIS WIFE WOUU? MAKE HAIA AN1 EGGS fOK WHERE? IS 60NNAK Try Neapolilan and soe. it t. won't leave you with, a very Harvey Wallbanger Cake 1 pkfl. OrnnQO Cnko Mix 1 Inslnnt Vanllln Pudding oggs cup cooking oil cup Orange Julr.o 2 01. Vodkn 2 oz, NEAPOLITAN Mix nltogolhor nnd pour Into n gronsod nngol lood cnko pnn. Dnko nt 350 iloflioos lor 45-50 mlnulos. Frosting I cup Conloctioners Sugar 1 tbsp. Orango Juico I tbsp. Vodka I Ibsp. NEAPOLITAN Liquour Mix thoroughly nnd Irost cako whilo warm. Harvey Wallbanger Fill tall glass with ice cubos Fill with Orango Juico Add I oz. Vodka; stir Top with Vi oz. NEAPOLITAN Liquour IN) hoof, hnlur Chlciifio, III liOli II S 'V hy lnlnin.ilKin.il I ii' LAFF A DAY would have called you much sooner, Doctor, but frankly we didn't even notice she had the measles." Lecture by Sex Author Disrupted By Homosexuals PIIII.ADKLPIIIA Dr. David Reuben, author iif 'Everything Ynu Always Wanted To Know About was giving a lecture at the Playhouse in the Park theater to about 1110 persons. Suddenly 10 gay activists climbed (into the stage and called Reuben "a riminal" because of the views on homosexuality expressed in his book. A fight broke out and two men were injured, including a policeman. Mark Segal, spokesman for the "Gay said Reuben's book "perpetuates old myths about homosexuals and creates new myths." Five police officers attempt- ed to remove the protesters from the auditorium when the fight broke out. Reuben, who was not injured, completed the lecture. "After this the City of Brotherly Love takes on a new meaning for he said. IT'S THE SEASON FOR GARAGE SALES. GET RESULTS WITH A CLAS- SIFIED AD. DIAL 398-8234. Airmen in Thailand Net Pennies BANGKOK (UPI) American airmen on a U.S. air force base in central Thailand have collected pennies in a drive to recirculate the scarce coins, U.S. military authorities said Thursday. The drive was held at Takhli Royal Thai air force base, 100 miles north of Bangkok. U.S. currency is used on the six air bases maintained by the U.S. in Thailand. Sugars Gas foi Sweet Revenge ORVILLE, Calif. (UPI) Douglas Esmond found a sweet way of getting revenge against gasoline thieves. Someone stole a five-gallon can of gasoline from his pickup truck two weeks ago while it was parked at his home here. Esmond told sheriff's depu- ties that he put another five- gallon can of gasoline in the back of his truck and added several pounds of sugar. The can was taken from his truck. Deputies were looking for a vehicle with a gummed-up en- gine. DRIVE SAFELY 'SMULEKOFF'S 2Yi acres of everything for the home Open Saturday 9 a.m. to 5 p.m. cA viCltfvit' Goes Modern The Persian Hunting Design Rug You'll discover that 16th century Persians can mix beautifully with modem when you put this Karastan re-r.re.ition of one of the world s most treasured Oriental run designs in your home. Its fascinating action scenes of hunters and animals are in -II exquisite colois that will lend a sense ol drama anil warnilh lo the most modem furniture. Nalmally. it's pulled for lradilion.il decor. POWCM-loomed e! Ihe finest woisted wools. Only for an FREE PARKING For Our Customors, Using Park and Shop plan. Carpel Floor   

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