Cedar Rapids Gazette, October 4, 1974, Page 28

Cedar Rapids Gazette

October 04, 1974

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Issue date: Friday, October 4, 1974

Pages available: 56

Previous edition: Thursday, October 3, 1974

Next edition: Saturday, October 5, 1974

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Publication name: Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

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All text in the Cedar Rapids Gazette October 4, 1974, Page 28.

Cedar Rapids Gazette (Newspaper) - October 4, 1974, Cedar Rapids, Iowa 14 The Cedar Rapids Gazette: Tri., Oct. 4. 1974 HEATHCLIFF_ (fi i*™ M«N«uyht Syiid Inc The Investor's Guide "PONT HANP OFF TO HEATHCLIFF... YOU'LL NEVER 5EE THE BALL AGAIN Increasing Food Prices Harass Zoo Directors CINCINNATI (AP) -Humans aren t the only ones having a tough time making ends meet at the dinner table. Zoo animals also have been hit hard by recent price hikes in food prices. And the staff at the Cincinnati z<hi has had to pull many old favorites off the daily menu For instance, grapes are out They are too expensive, and many of the birds now get raisins. Lizards and salamanders are suffering from a $1 increase in the cost of a thousand crickets, while dried flies have become an import item. “lf the average housewife thinks prices are high, she should see what we have to go through when we go to the foodstore.” said Rd Maruska, director of the zoo. He said food costs at the zoo have been rising $10,000 to $15.(MN) each year for the last five years and now have reached about $100,000 Cutting corners at the market has grown into an art at the z(M>. The staff roams the Cincinnati area in search of food bargains, and newspaper prices are compared daily. However, even smart shopping can’t satisfy all the needs of the zoo. according to Maruska. “We can hardly get horse meat any more,” said Maruska. “There is too much demand for it on the European market. We were almost forced by rising costs to look for a substitute." Horse meat was selling for about 20 cents a pound when Maruska came with the zoo 12 years ago. Now it is selling for 57 cents. A similar problem has been encountered with hay. the favorite food of many grazing animals. A good grade of hay used to sell for $35 a ton. Now it goes for SKM) and the quality is not as good as before. The answer has been special formula substitutes. Many of th** cats now are fed a special mixture of meat byproducts, which Maruska said is more nutritional than the old diet. Zebras and antelope are now munching pellets in place of grass. But there are bound to be finicky eaters in any household. "When a reptile doesn’t like his diet, he may just decide not to have anything to eat for a year." said Maruska "No, they don t really deliver babies, but there is something very familiar about the big bill." ON THIS DATE in 1824, the Republic of Mexico was proclaimed By Sam Shulsky <1 — We own some 71* percent utility bonds which come due in 2001. We are both in our 80s and realize that these are too long-term for people of our age. They are due to be called in 1978 They are now down to around HO Should we sell before they go lower and buy another bond paying 8 percent? A — The answer — right off — is no. \t a price of HO. your bond is now yielding 9 3/8 percent, current, on the money you have invested in it, on the money you would get if you sold out. Why turn out a 9 3/8 percent yield to put your money into something else yielding 8 . . . or even 9 ... or (taking into consideration the fact the sale and purchase will cost you market points and commissions) even IO percent0 You invested, I assume, $5,-000 for a return of $375 a year That’s what you’re getting and will continue to get as long as you hold the bonds True, it’s not as much as you would get if you invested $5,000 at today’s interest rates But you no longer have $5,000 to invest. Ifs $4,(KW) (minus commissions). The 2001 maturity has more significance in the bond’s market price than it has in relation to your age. Assuming you intend to leave money to your heirs, it makes little difference whether it is in the form of stock, or bonds, or cash. The 2001 date means, mainly, that the issuing corporation has the right to hold on to the money for the next 27 years, or to pay off the debt earlier if it can do so advantageously In other words, your investment will be affected by the changing rate for borrowing money over the next 27 years. You don’t have to be alive “to collect" at maturity although thebes no harm in trying. The bonds are NOT due to bt* called in 1978 That is the year the company may first exercise its right to refund the mortgage if it can get other money at a lower interest rate. That remains to Im* seen. It is also the year the company begins to select a few bonds, by lot, for sinking fund retirement. If you are lucky, your bonds could be called in at a price of $1,018 07 per $1,-(MN) certificate — but don’t count on it. Q — My wife and I are in our mid-70s with investments in stock, treasuries, savings. We are not concerned with leaving an estate. Should we consider a joint lifetime annuity0 A — Bv all means. Money today can earn around 9 OPEN DAILY 10-10; SUNDAY 10-6 FRI., SAT., SUN. a/trauS FINAL CLEARANCE IN OUR PATIO SHOP While Quantities Last 20 lbs. of Lawn Food K-GR0    Reg.    5.57 20 lbs. K Mart 10-6-4 WEED & FEED 20 lbs. Vigoro 6-10-4 ALL PURPOSE 20 lbs. 24-4-8 GOLDEN VIGORO 40 lb. bag ORGANIC PEAT Our Special LAWN RAKE Our deluxe 26' LAWN SWEEPER Our beautiful Spreading YEW SHRUBS Reg. 3.47 Reg. 3.77 Reg. 6.1 7 Reg. 1.17 Reg 94C Reg. 22.77 Reg. 7.97 OOO OO 2 OO £00 75* 77* 2/500 LIMITED QUANTITIES ON ALL ITEMS 2727 16TH AVE. S.W. 180 COLLINS RD. N.E. I>ercent from treasuries and about IO percent from high-grade corporate bonds. But if you can assure yourselves a substantially higher fixed income for life — go to it Q — You’ve mentioned advantages of converting K to ll bonds, saying, I believe, that the ll bonds pay a higher rate My banker says my matured K bonds will continue to earn 8 percent, which he says is the same rate as ll bonds pay A — He’s right, and you’re wrong when you say I wrote that ll bonds pay a higher rate. K and ll bonds both earn the same, 8 percent — E BIG GEORGE! bonds growing that amount annually, ll bonds paying out that much annually. Converting F. to II bonds is an advantage only if you want money coming in every six months, rather than being added to the value of your F. bonds AAA Q — I own some bonds which mature next year, but am confused by some symbols in the quotation list in my paper, (’an you explain them? A — Frankly, no. You'll have to look at the footnote to the bond list in your particular paper These footnotes may vary widely A A A Q — I have found some old Sam Shulsky For Better Health Diabetes Is an Insulin Deficiency in the System Virgil Partch -N, shares in my late husband’s effects which I would like to transfer to my name. A — Write to the bank serving as transfer agent You’ll find it named on the front of the stock certificate AAA Mr Shulsky welcomes written Ques lions, but he will be able to provide answers only through the column For information to check on obsolete securi ties, please include a self addressed, stamped envelope Address your re Quests to Sam Shulsky, core of The Ga retie No More Hunts For Governor MISSOULA, Mont. (AP) -Montana Gov. Thomas Judge has lost his big-game hunting privileges for six months on the state’s most publicized elk poaching incident in years. Justice of the Peace J. G. Lamoreaux on Monday ordered Judge’s $300 bond forfeited and his big game license suspended when Judge did not appear at a scheduled hearing. Judge tagged a young bull elk in an area open only for killing bulls with advanced horn development — called branch antlered animals. Ile said he first thought he had made a legal kill. The governor said he expected to be treated like any other hunter. But officials said they couldn’t recall any hunter losing both license and a $300 bond after turning himself in. One official said the usual forfeiture is $35. By Dr. S. I.. Andelman "Is it true that diabetes is hereditary?" a reader asks. “My mother has just been told she s diabetic and I wonder if this means I will be, too.” There’s a chance our reader may one day turn out to be diabetic. Relatives of diabetics are likely victims for the disease as are those who are over 40 and-or obese. However, even if you don t fit one of those categories, you may one day develop diabetes. Protect yourself from serious complications by being tested for diabetes and learning the disease’s common symptoms. Thirst Excessive thirst, frequent Dr. Andelman “How do you Ro about finding a word in the dictionarv if you can’t spell It?" ON THIS DATE in 1910, Portugal’s monarchy ended as King Emanuel fled to escape revolutionaries. urination, constant hunger, weight loss, itching, tiredness, changes in vision and slow healing of cuts and scratches are all symptoms. As you no doubt know, diabetes involves a permanent problem with carbohydrate metabolism and sometimes with fat and protein metabolism It s primarily an insulin deficiency in the system but involves much more than a simple lack of insulin. If there’s a family history of diabetes and obesity, the adult form of diabetes can occur at any age. The exact nature of the gene defect hasn’t yet been defined by researchers, although some cases suggest that there is an inherited factor. Less than 5 percent of all diabetics develop symptoms before age 15 With good control, the diabetic’s life expectancy is normal Women usually fare worse than men and chronic complications may involve the kidneys, eyes and nervous system. Central Fortunately, diabetes is easy to control today. Often a doctor’s instructions on diet and exercise are enough; sometimes insulin is needed. The key, however, is detecting the disease. Next time you visit your doctor, have a test for diabetes. Death from uncontrolled diabetes is the fifth leading cause of death by disease — death from controlled diabetes is rare. Diabetes is also the second leading cause of new cases of blindness and a major cause of heart attacks and kidney failure. The need for detection is clear. Today, at least four million Americans have diabetes, of whom millions don't know it. And the incidence of diabetes is markedly increasing. Every three years, additional diabetics numbering nearly I million are discovered. You could have diabetes and not know it. You may not even have any symptoms. That’s why a test is wise. A A .A Dr. Andelman welctmes letters 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. S*ntar Atilt* Bam Cedar Rapids System Telephone 913-8244 Area Ten (SEATS) In Cedar Rapids 398-5605 Elsewhere 800-332-5996 Close up And earn 13% on your money Add storm doors and windows to your home and whatever you spend will begin paying off at the annual rate of 13%' Or more... For as long as you live in your home Storm doors and windows are a lot like money in the bank. Only they ll earn you a lot more in the form of energy savings lf you have air conditioning, leave your storm doors and windows in place all summer and you ll save even more For other energy-saving tips on insulation, humidity control, caulking and weatherstripping, storm windows and attic ventilation, check with your Customers' Ideas and Information Center art lowa-lllinois Gas and Electric Company. •FMV I on (J S !    <    .* ■K *> figtin ;

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