Cedar Rapids Gazette, July 15, 1974, Page 2

Publication: Cedar Rapids Gazette July 15, 1974

Cedar Rapids Gazette (Newspaper) - July 15, 1974, Cedar Rapids, Iowa The Cedar Rapids Gazette: Mon . July 15, 1974 HEATHCLIFF * I THINK HES BREAKING IN A NITE CLUB ACT." WIN AT BRIDGE By Oswald & James Jacoby Jim: “I have just been reading ‘Dancing in the Dark’ the autobiography of Howard Dietz. Isn't he an old friend of yours?” Oswald: “He certainly is. I knew him first in college. Your mother and I used to play tennis w ith him when you were a baby. I have always played bridge with him. He was a very good bridge player. Here is a NORTH    15 4 86 Y 9 8 3 2 ♦ 974 ♦ 10975 WEST (D)    EAST 4 AQ IO7 54    4 K J 9 32 f-    V 10 6 ♦ AQJ62    ♦ K IO853 ♦ 43    4a SOUTH 4 - V A KQ J754 ♦ - ♦ AKQJ62 North-South vulnerable West North East South IA Pass 4 A SM SA Pass Pass 69 6 A Pass Pass 79 Dble Pass Pass Pass Opening lead -AA hand from a match I played with him right after I got back from World War II. I sat North and was most unhappy during the bidding.” Jim: "Looking at your hand I can see why. And each time Mr. Dietz bid again things must have looked worse to you.” Oswald ‘‘Howard s bidding was really wonderful He knew he would make seven hearts. His only problem was how to get to play the hand against nonvulnerable opponents who held the spade suit. So he just let himself get pushed to seven and did not redouble." Jim: “What did the opponents have to say while you were scoring the hand?” Oswald: “Plenty! The hand broke up the match The general comment was. It is bad enough to play against Jacoby. Now Dietz turns out to be even tougher.’ ’ 9+CRRD Sense* The bidding has been 15 West North East South 1 You, South, hold: AA Q6 5 4 fAQ654 «AK42 What do you bid** A —Bid one spade. Start bidding your good hands naturally. You plan to bid hearts later. TODAY 8 QUESTION You bid one spade. Your | partner responds one notrump. I What do you do now? Answer Tomorrow ON THIS DATE in 1964, the i 28th Republican national convention, meeting in San Francisco, nominated Barry Gold* water for President. LAFF “Margie and I were living a life of bliss . and then she heard about the reward money.” Highway Hits Harolds Club Signs RENO (AP) — At one time some 2,”3ftft “Harolds Club or Bust’’ signs dotted rural America and club officials bragged you were never more than eight hours from one. But today, because of what officials of the glittering gambling casino call the “big take-down” sparked by the 1965 Highway Beautification Act, fewer than 30ft signs remain. Eventually, all signs east of the Rocky mountains will he phased out. “I imagine we’ll end up with about 75 signs,’’ said Bob Griffith, chief of outdoor advertising for Harolds. The beautification act mandates non-conforming signs to be removed from highways by 1977 and allows signs only in commercial and industrial areas. The Harolds signs first appeared in the late I93fts, shortly after the casino opened its doors in 1935. The I94fts and I95fts were the signs' heydays as some 2.300 of them sprouted in rural areas across the nation “It was a toss-up between us and Burma Shave over who had the most signs,’’ said Griffith, whose job it was to travel across the nation finding spots for the signs and seeing they were maintained “It was quite easy," he said. “You found a location, made an agreement with the property owner, got a permit if necessary and put up your sign." He said most people were happy to have the famed signs on their property and were usually paid a nominal fee for permitting them to be put up. One Oklahoma City woman, Griffith said, let the club build the sign on her property for free, because she said her husband had once won lift at the club. “It was always ‘Pappy’ Raymond Smith’s idea to keep ours (the signs) out in the country ... He would often stress that next to word-of-mouth, outdoor signs were the best means of advertising across a large area ” Smith was the founder of Harolds Club Harolds never advertised in foreign countries, but did provide their signs to U. S. military bases overseas when asked. At one time nearly every overseas military base had a Harolds dub sign, said Griffith. Vi*, it* ,...! -y. .... For Better Health Bacteria Can Enter The Blood By Dr. S.L. Addr (man Many people don’t realize that bacteria can enter the bloodstream; when it does, it is known as bacteremia. Almost any bacterial infection can seed the blood with bacteria. Even the bacterial infection can seed jthe blood with bacteria. Even the bacteria which normally inhabit the mouth can enter the bloodstream when the dentist repairs or pulls a tooth. Frequently an infected organ will spill bacteria into the blood after •having been manipulated in some way. Bacteria are divided into two large groups, depending on what color they are under a microscope after contact with a material called Gram’s. Those which stain red are called gram-negative; those which stain blue or black are called gram-positive. Gram-Negative The offenders in many cases of bacteremia are gram-negative. These organisms are introduced into the blood during urinary tract infections, infections of the bowel and infections around the site of an intravenous needle. Birth, abor- Dr. S. L. Andelmon tion and infection of wounds, ulcers or burns can precipitate bacteremia. Gram-negative organisms have recently become more prominent since the advent of penicillin, which can usually control gram-positive organisms. Gram-negative organisms can cause urinary tract infections, bacteremia when they infect the female genital tract and meningitis, a serious illness which often ends in death. Gram-positive bacteria can also enter the blood. A disease of the heart valves called bacterial endocarditis can result when gram-positive bacteria infect the bloodstream Pneumonia is often caused by a gram-positive bacteria When patients with bacteremia show severe symptoms, the condition is called septicemia. The onset is often marked by an episode of shaking chills, followed by a fever of lftl-105 degrees Shecklike State At first the white blood count may be low, but after six to 12 hours it rises to an above-normal level Often the blood pressure will fall and even a shocklike state may occur. Small bruises or a rash may sometimes appear. The real danger of most bacteremia is a condition known as septic shock Many bacteria release powerful heinicals which are toxic to luman tissues These alter the blood vessels to such an extent that the patient’s blood pressure drops. If the blood pressure falls so low that the vital organs can't get their blood supply, tne result is death. Approximately 4ft percent to HO percent of patients who go into septic shock die. The key to preventing this is early diagnosis of severe infection and prompt treatment with the proper antibiotic. If bacteremia is prevented, septic shock will not occur BIG GEORGE! Virgil Partch The Investor’s Guide By Sam Shulsky Q. — Same time ago I bought 2ftft shares of an electronics stock at 30 and 2ftfl shares of an oil company at 5ft. Both are .pow lower, and selling around the same price. If I buy 2ftft more shares of the oil company, I can bring my average cost down substantially. A. — I den’t see how you can make an investment decision on the basis of arithmetic alone. You are not putting in more money just for the purpose of averaging down your original cost. You don't make any money that way. You buy more stock because you think it is cheap at this price, the company’s prospects are good, and the stock will recover Obviously, I’m not going to plug tine company as against another in a newspaper column. You must decide on the basis of whatever data you can gather which stock has the better chance for appreciation — and buy that one. Investing money is far more complicated than adding up sums and dividing by 4ftft. « « « Q. — We are retired, with total holdings (husband and wife) of about one-half million. Following your columns, we don’t stint ourselves, but still manage to save money. Our main problem is high income taxes. Should we put more money into tax-exempts? A. — By all means lift your holdings of tax-exempts to the point where your highest income tax bracket is reduced to the 30-35 percent level. Q. — I dont understand why I should add all the annual dividends and capital gains I have reinvested in my mutual fund to my original $5.bdft investment to determine a capital gain or loss I’ve already paid income and gams taxes on them. A. — Whose side are you on. anyway? If you add to your original costs these reinvested dividends and capital gains, you bring your tax cost up — thereby reducing any taxable capital gain (or increasing your tax deductible loss) when you cash in your shares. lf you should ignore the fact you reinvested this dividend and gains money, you would be paying taxes twice on any redemption: once on the dividends and gains as they are credited to you. and again on the redemption price of the shares you have thus acquired. Just think of the dividends and gains you reinvested in additional shares as money coming out of other taxable sources. • * • Q. — My husband died suddenly five years ago. I believe he owned some stock but because I was against his dabbling in the market, he used another mailing address for this purpose. Whom do I contact to find out whether there were shares that he owned. — if you have no inkling of the brokerage firm he used, or the shares he bought, or the mailing address he used, you're in a blind alley. You might talk to your bank or to a large brokerage finn Sam Shulsky and see whether they use any firms which help run down shareholders’ names. 0*0 BEAR:    Someone    who believes the market is headed toward lower price levels. Mr ShuKkv welcomes written que* tions, but he will be obie to provide answers only through the column For information to check on obsolete securi ties. oleose include o self addressed, stamped envelope Address your requests to Sam Shulsky, care of The Garefle Desert Farmland The Negev desert, the triangular southern half of Israel, is now irrigated and used for farmland. ...save now. they’re free Your choice for saving *500. (red) Your choice for savings *1,000. (white) Your choice for saving *5,000. (blue) . These are only a few of the I 60 FREE gifts from which to choose. They're yours for the saving. Save a little or a lot. Open or add $500 or more to a Perpetual savings account and you have a choice of 40 FREE gifts from the interesting RED group. Save $1,000 or more in a new certificate and select from 40 unusual gifts in the WHITE group. Or, save $5,000 or more in a new certificate and choose one of 80 gifts from the sophisticated BLUE group. They re FREE now thru July 31st. You also have your choice of the nation s highest earning savings accounts, insured safe by an agency of the Federal Government. One free gift per customer please. PERPETUAL SAVINGS AND LOAN ASSOCIATION DOWNTOWN OFFICE; I IO Second Ave , S E./Tel. 366-1851 LINDALE PLAZA OFFICE. Lindale Plaza Shopping Center/Tel. 393-7700 IOWA CITY OFFICE: 132 E. WASHINGTON — TEL. 338 9251 ‘I wouldn't bother correcting him on his spelling if I were you, George.” TOURNEAR SAVINGS CERTIFICATE 7 Vi % Ttorfy '1,000 Minimum In-twit fompound.d Dotty 30 MONTH SAVINGS CERTIFICATE 6 */«•/, fwtly M OOO Minimum In-t*mt (ompeunOtd Doily ONE YEAR SAVINGS CERTIFICATE 6 Vi*/. V»arty-M,Q00 Min tm urn In t*f*it (nmpound.4 My PREMIUM PASSBOOK ACCOUNT 5 »/«•/. ¥*orty 'IOO Minimum In tWMt CompnunM Dally. Paid Qucwi.riy REGULAR PASSBOOK ACCOUNT 5    Dirty im ny ihhI » 1/0/    tlai •*t*re*t C»m|m*4 /4 /•    Mi GM Vie tty ii ii Qj •«t Sub.fonfio/ intern^ penalty for tarty withdrawal of ctrhficoN*i ;

  • Bob Griffith
  • Howard Dietz
  • Raymond Smith
  • Sam Shulsky
  • Virgil Partch

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Publication: Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

Issue Date: July 15, 1974