Cedar Rapids Gazette, August 26, 1974, Page 3

Cedar Rapids Gazette

August 26, 1974

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Issue date: Monday, August 26, 1974

Pages available: 48

Previous edition: Sunday, August 25, 1974

Next edition: Tuesday, August 27, 1974

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Cedar Rapids Gazette (Newspaper) - August 26, 1974, Cedar Rapids, Iowa 2 The Cedar Rapids Gazette: Mon.. Aug. 26. HEATHCLIFF GET HIM Our OF HERE'" For Better There Are Ways Diaper Rash Can Be Prevented The Investor's Guide By Dr. S.I. Andclman Diaper rash is one of those little annoyances that makes a baby ornery and takes some of the fun out of mothering. But it can be prevented. Generally this skin rash, sometimes called diaper der- matitis, appears on the inner surfaces of the thigh, genitalia and buttocks and sometimes spreads to the legs. It's localized in the area ordinarily- covered by the diaper and causes the skin to smart, sting or itch. In appearance, a diaper rash varies from a diffuse reddened area, in which the skin has a parchmentlike look, to groups of tiny reddish blisters. As it progresses, oozing may appear and sometimes a secondary infection may follow. Susceptibility Infants who get diaper rash easily may have inherited a susceptibility for skin irrita- tions or a vulnerability to secondary yeast or bacterial infections. A number of conditions may actually activate the rash: separation of the skin caused by continuous contact with (he wet diaper; increased irritation from the moist heat produced by rubber or plastic pants; re- tention of sweat caused by the plugging of the sweat glands; allergic factors, such as sensi- tization to detergents, soaps or plastic diaper covers; Primary irritants, such as feces or ammonia from the urine; infection, or irritation from friction or pressure. You can prevent diaper rash by promptly changing wet diapers and cleansing the skin with each change (particularly after a bowel While the child lias the rash, don't use any impervious Dr. Andelman diaper cover, such as plastic pants such a cover can produce physical conditions that increase the warmth and humidity of the skin, which in turn favor the growth of bacteria and yeast. Treatment In treating the rash, use only one diaper along with a pro- tective powder. Rinse the diapers lightly with quarter- nary ammonium compound. Another way of helping the skin is to expose the uncovered diaper area to dry, warm air. This can be especially beneficial and is easy to do at nap time. Similar to diaper rash is the intensely red, dry and shiny skin caused by chafing that of- ten appears in obese infants whorever the skin comes in contact with other skin. Excessive perspiration, re- tention of sweat and constant friction of the affected parts can make the infant restless and uncomfortable. Here, too, you can help the situation by frequent cleansing, changes of diapers and airing of the skin. Dr. Andelman welcomes let- ters outlining problems which he may discuss in future columns. He regrets, however, that he cannot personally- answer mail. Write to him in care of The Gazette. By Sam Shulsky Please discuss the advantages and disadvantages of investing in coins and dlUllHllUis builds. mutual funds and savings accounts. A The first, and most obvious, difference is that an investment in coins and diamonds brings in no current income. You are speculating 100 percent on a gain in market value Furthermore, the coins or gems must lie insured and kept in a safe place. Securities, either directly owned or via a mutual fund, do provide income and are quite liquid, so that immedi- ate sale is possible. The same, of course, fur day-to-day sav- ings accounts. Current income is a big factor in all these investments. As to market risk, I am not prepared to testify. Gold, fur example, has come down in price in recent months even though the inflation which spurred interest in it goes on. Diamonds, I'm told, are successful inflation hedges in the hands of persons who know what they are buying. Rtinember: in most cases diamonds bought for invest- ment at retail, r'.ust be liqui- dated at wholesale. Q Vie own Amer- ican Telephone and Telegraph 7s of 2001. Should we sell and buy treasury bills? We are in our mid-60s. A I can't see any reason for the switch. At recent market prices, the 7s of 2001 are yielding 8.7 percent, current, and more to maturity. Treasury bills' yields as this is written run from around 7.2 to 8.4 percent. Since you bought 30-year bonds, I assume you were interested in long-term in- come, and not in rolling over your money every 12 months. Furthermore, the expense and market price spread in- volved in selling 10 bonds and then going into treasury bills would further reduce your in- come from this money. One no vote. Q I would like to know if you could send me some free pamphlets on investing in stocks and bonds and also how to read the stock quotations. A I have some form let- ters on investing in stocks and bonds, but need a stamped self-addressed envelope to get them to you. Since you live in a large ci- ty, you will find that many brokers offer pamphlets of this nature. The N. Y. Stock exchange offers an "investment kit" for which can be obtained from the exchange. Dept. SU, Box 252. Wall Street Station. New York City, N. Y. 18905. Newly Found Artifacts Shed Light on Early Chinese Life TOKYO (AP) China has reported the discovery of an- cient manuscripts, some of them books lost from to years, and other artifacts from Han dynasty tombs which cast new and important light on the Chinese civilization. Hsinhua News Agency, monitored here, said the im- mensely important finds were made in recent investigations of tombs No. 2 and No. 3 of the family of Marquis Tai who died in 186 B. C. A 1972 excavation of tomb No. 1 produced the corpse of the marquis' widow in a state of extraordinary preservation and thousands of art objects. Some of them have been seen by millions of people in Paris, London, Tokyo and other world capitals. Long Lost Books Manuscripts copied in Chinese ink on silk totaling more than characters representing long lost hooks, were "especially noteworthy" Hsinhua said of the new finds. They provide material for the study of the Confucian and legalist schools of the early western Han dynasty 208 B. C.-24 A. D. The three tombs are located at Mawangtui near Changsha, the ancient Chinese capital, in Hunan Province. Two versions of the manuscripts of the philosopher Lao Tzu were unearthed as well as a collection of speeches by diplomats and statesmen in the period of the Warring States 476-221 B. C. to- taling viiaracters. There also is a manuscript of the "Book of Changes" and more than 10 hooks prior to the Chin 221-207 B.C. and Han dynasties. Rule by Law One of the recovered lost es- says is on monarchs which praises those who rule by law. There are other essays on judging horses, "the motion of the 28 the principles of Yin and Yang and the primary elements of metal, water, wood, fire and 3arth. A map of the upper reaches of the Hsianchiang and Lichiang rivers and another on troop dispositions in the Changsha area are described VW Undecided On U. S. Plant WOLFSBURC, West Ger- many (AP) Volkswagen has had numerous offers of sites for an automobile assembly plant in the U. S., but has not decided even whether to build the plant, a company spokes- man said. "In answering these offers from government officials, real estate agents and student groups, we explain that Volks- wagen will not decide before late autumn whether it will build such a the spokesman said. If approved, the project would begin with an assembly plant capable of producing 500 cars a day, the spokesman said. He added: "The long- term project could then be ex- panded into a full production plant costing at least billion." as the earliest yet found- in China. A treatise on 600 inscribed bamboo slips describes the burial articles in tomb No. 3 and contains a medical essay. There are paintings on silk showing figures suffering from backache and stomach ache. Processions of people, chariots and horses appear on other silk paintings as well as women sailing in boats. More than 300 pieces of lacquerware, bigger and better preserved than those found in 1972, were dug up as well as bows, cross-bows, halberds, spears, weapons stands and a spade with an iron-plated tip inscribed with the Chinese character "five." A skeleton in the No. 3 tomb was identified as that of the marquis' son, aged about 30. The marquis' remains were in tomb No. 2. The marquis' wife was found to have died before he did. LAFF A DAY "Either you Holmstrom, or I tell all your other creditors you DID! Sam ShuUky Q I recall reading of mutual funds which would accept your shares and give yuu in return their own stock. MI that you would to keep track of only one dividend source. A You are referring to "swap" funds which were allowed for a time some years ago. They are no longer avail- able. Q My broker recom- mended some conglomerate bonds which would yield better than 14 percent. He said that as long as the company is making money, the bunds are okay I'm retired need in- come A You won't get an okay from me for a bond raied the time you find out the company is not making money, it will be loo late for vou to run Q If I sell a mutual fund after owning it six months, how much will I lose? A 1 don'l know. You know what yuu paid in. Now multi- ply the number of shares you hold by the "bid" price and you'll get the present value of your investment. COMMISSION BROKER: A broker who executes securities and commodities buy and sell orders for the public. Mr Shulskv welcomes written questions, but he will be able to provide answers oniv through the column. For information to check on obsoiete ties, please include a self-addressed. stamped envelope. Address your re auests to Sam Shutskv, core of The Ga- iette. BIG GEORGE! Virgil Partch "You'd better head for shallow water. You've sprung a leak." Leader Predicts Common Market Entry by Greece ATHKXS. (ireece (AIM Cornelius lierkhouwer. pres- ident the Kuropean parlia iiient. said Friday [Mi mea- sures would IH' laken fur (Jrci'iT's speediest entry as a full member of the Common Market following the country's return to democratic rule. "After five days here we are convinced that the Creek authorities and the very last man in the street is knocking on the door of the European Kcommiic Berkhouwer said. "I firmly believe that the EEC should open that door as widely as possible." Berkhouwer said he met with Premier Constantine Caramanlis and other govern- ment leaders and received a Greek plan on the stages to- ward Greece's full entry into the market. Berkhouwer was speaking at a news conference dealing with the revival of Greece's terms of association with the market. These terms were frozen in 1967 following the military coup and suspension of democratic rule in Greece. According to the 1962 treaty of association. Greece is scheduled to become a full member of the market by 1984. Back in War-Torn City CAIRO, Egypt (AP) An estimated persons have returned to war-lorn Suez City since Israeli troops withdrew last March, the Cairo news- paper Al Ahram said. Before last October's Middle East war, the city at the southern end of the Suez Canal had a population of During the war, 85 percent of the buildings were destroyed or damaged and the population fled before the Israeli drive to the western bank. Egypt is pressing ahead with reconstruction of Suez City and two lesser-damaged major ci- ties on the canal, Ismailia and Port Said. Want Ad office open daily. Until noon Sat. 8-5 WIN BRIDGE MOUTH 1118.1-' MKST i By Oswald James Jacoby Jim: "We discussed four- and five-rani major-suit openings for a while Maybe we should do so again Oswald "In our bidding, we practically never open a four- card spade suit in firs! second position and we try to avoid opening a four-can) heart suit." Jim: "We also want our partners to assume we have a five-card suit when we open a major in first or second seal, but nut quite the extent that today's North did. Apparently each time the opponents bid spades. North thought his hand had become better." Oswald: "West opened the king of spades and shifted to a trump. After this start South knocked out West's ace of diamonds; ruffed one of his spades in dummy some time along the way and made his contract." .Jim: "This result does not prove the value of opening some four-card heart suits. A club shift by West at trick two would have beaten the hand unless South let East hold the first club. An opening club lead would have beaten the hand irrespective of Snuth's play." soi mi id A K Uulh Norih Fast Suulh IT 24 I'.ISS I'av- r.i-. _______j The bidding has been: West 2ti Pass North East South Pass 14 1 N.T. Pass You, Soulh, hold: 1054 85 32 74 What do you do now'.1 A three notrump in duplicate where honors don't count and four spades in rubber bridge where they do. TODAY'S QUESTION Instead of bidding one notrump your partner lias raised you to two spades. What do you do now? Answer Tomorrow Volcano Land Volcano eruptions have created 210 acres of new land n Hawaii since 1969. Million in Oil Overcharges To Be Made Up WASHINGTON (AP) Four oil companies accused by the Federal Energy Administra- tion of overcharges totally- million already have complied with FEA orders to make up the costs to their cus- tomers. An FEA spokesman said the orders against the four com- panies resulted from an agency audit of the oil industry during the first half of the year. The spokesman said Wed- nesday that Conoco was or- dered to make up million in alleged overcharges. Charter received an order covering million, Ashland, million and Koch, million. The FEA's statement was a clarification of an an- nouncement Tuesday, which said the firms only had agreed to comply with the orders, but had not done so yet. Switched to a rowboat? Sell your motor with a fast, result getting Classified Ad! Dial 398-8234. Senior Citizen Buses Cedar Rapids System Telephone 363-8244 'Area Ten (SEATS) In Cedar Rapids 398-5605 Elsewhere 800-332-5996 -louse Sales, Book Contracts Financial Options Open to Nixon iy Dick Barnes SAN CLEMENTE, Calif. AP) Richard Nixon may ell his Florida houses and ould renegotiate the mortgage n his San Clemente estate to ase personal budget problems onfronting him as a private itizen.'And big money may lie head if he contracts to write a ook. from presidential salary to pension, with his resignation in the face of virtually certain impeachment over Watergate. Since retreating to his oceanfront residence here, Nixon and his aides have said nothing publicly about finances. Charles "Bebe" Rebozo and Robert Abplanalp, wealthy These financial options for friends who have been closely he former President were in Nixon's financial affairs, visited him several times during the former utlined by Ni.xon associates. Ithough there is no firm word n what he will do. One adviser aid he expected no quick ecision on future financial rrangements. Nixon's resignation made more immediate the money roblem that began four nonths ago with Internal Revenue Service findings that e owed nearly in back houses at Key Biscayne, Fla. He owns no corporate stocks or bonds. His income, instead of as President, is now in presidential pension, plus about for other past government service rang- ing from World war II military duty to vice-president. For his first six months out of office, he's also entitled to in transition office expenses, then will get a year for aides' salaries, plus other President's first days out of benefits such as office space, office, but wouldn't say whether money was discussed. One adviser familiar with Nixon's finances said the present feeling among aides is, "Let's let the gentleman rest until he's rested. He should best know when that is. He should not be expected to make ncome taxes, penalties and a lot of decisions quickly." nterest. Ready Cash While the documents of his residency are potentially millions. Nixon's roblem is ready cash. "I've ot to find a way to pay my New Expenses But soon there will be new expenses. Now without public funds to pay his legal fees, Nixon presumably will need private attorneys to advise him on a axes." Nixon said in his White Watergate trial sub- louse farewell Aug. 9. His income dropped sharply. 5roup Praises Prison Officials HOUSTON, Texas (AP) he American Correctional ssn. has praised Texas prison 'ficials for their conduct in a ecent escape attempt in untsville. Two convicts and two hos- ages died in an Aug. 3 shoo- out which ended an 11-day siege of the prison library. Three resolutions approved at the final session of the ACA convention on Thursday cited the courage and fortitude of prison officials, Texas Gov. Dolph Briscoe and the hos- tages. Huntsville radio station KSAM was also praised lor its cooperation in handling the news during the escape at- tempt. The station voluntarily censored some of its newscasts to keep from giving informa- tion to the prisoners, who were listening. poena and perhaps other Wa- tergate matters. Nixon's present financial si- tuation is this: His cash savings were vir- tually wiped out by a payment of for back taxes and penalties from 1970-72. plus interest. He has promised to pay an additional for 1969 back taxes, although I he sta- tute of limitations for civil collection of that sum has ex- pired. He was to pay in principal and interest July 15 as the final payment on his San Clemente property. But he received a six-month extension on that debt in return fur agreeing to pay higher interest. His principal assets at this point are his equity in the San Clemente property and two Because of his abrupt resig- nation, Nixon didn't even have money for office stationery during the early days of his post-presidency. The General Services Administration and congress were at work clearing up that red tape, however. House Sale The simplest quick step Nixon could take to raise sig- nificant money probably would be the sale of his two in Key Biscayne. Fla.. which could net him or more. Within six months, he'll also have to revamp his mortgage arrangements for the San Clemente property. He could simply extend payments on the amount now due or he could raise immediate cash by nego- tiating a new and larger mort- gage. The former President also could make a financial comeback by writing a book or selling his papers and tapes. The papers and tapes are potentially worth millions of dollars. President Ford's lawyers have said the tapes and documents will remain in the White House until Water- gate legal issues are resolved. Successful Volume Ultimately, the materials are expected to go to Nixon, but there has been no indication he will sell them. He has said previously that the materials would be placed in a Nixon presidential library. .i Specialist 1133 Thirty fifth Street, NE-363-7694 No one has said Nixon in- tends to write a book. After his vice-presidency, he authored a commercially successful volume entitled "Six Experts in the publishing in- dustry say that paying Ni.xon a big advance for a book would be highly speculative. They say that it is impossible to tell now what the public interest in a Nixon book would be in 1V2 to 2 years the minimum time they figure would elapse before a book could be in bookstores. Another major question, they agree, is what would Nixon say? "The value would be if he told it like it said one agent. "If he just wrote a nice rosy painted picture, then the critics would murder it." One New York agent cited S2 million as a possible advance to Nixon for a book, but other experts were skeptical of that figure. Secluded Estate Ni.xon has until January to work out a means for paying off the San Clemente mort- gage. The Nixons have given every indication they intend to live permanently in California, so they are not expected to sell their secluded estate. The mortgage is now owed to a private family which sold the property to Nixon in 1969. IliKh interest rates and lax con- siderations could lead the mortgage holders to agree to a longer-term payoff. Or Nixon might try to refinance the property with a loan larger than the present mortgage so he could have enough money to also pay his 1969 tax bill. Quicker Source Any transaction, however, is complicated by the fact that while Nixon sold much of the land in the 26-acre estate In Abplanalp and Hclmzii, it still Helps Solve 3 Biggest FALSE TEETH Worries and Problems remains in a single parcel under a trust agreement. A quicker and more likely source of money would be sale of the two houses Ni.xon owns in Key Biscayne, Fla. He bought them for slightly more than in early 1969. Out- standing mortgages are estimated to be a bit more than With a rise in property- values, Nixon presumably could clear at least from a sale. Abplanalp and an owner not publicly identified own two other houses in what was the five-house presidential com- pound at Key Biscayne. Their houses were leased to the government for security and support personnel. Rebozo owns the fifth house and it is his residence. REALLY NOW... Aren't your printing bills getting a little out of hand? For nearly 100 years nothing has been able to beat our in-office printing process when it comes to economy, simplicity and quality, Gestetner Reproduce your own forms, bulletins, price lists, direct mail ad- vertising literature anythingl Call us Pioneer ollid piodudi 314 III) Hit lltlllvl ;t ;