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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 26, 1973
Page
2
A reader in their mid sixties reports an initial 15000 dollar mutual fund investment with 75 dollars monthly withdrawals. The current value sits near 13725 and prompts a question about switching to the fund’s bond option. The adviser notes the present fund has an excellent market record and weathered the 1969 70 downturn with modest losses.
Financial Q and A covers whether a 6.4 percent bond fund yield beats a 3.5 percent stock fund with growth. Advice favors bonds for secure income while noting growth needs and risk. Also explains mutual fund redemption, dividends, social security numbers on E bonds, and how to submit questions to Sam Shulsky in The Gazette.
Jim and Oswald discuss a four spades contract with heavy overbidding and luck. They note that endurance comes from side suit high cards and timely ruffs while North holds many points but weak heart honors. South must time ruffs and trump management to avoid defeat.
A quip frames a father giving final guidance to his son as he steps toward his own path. The line hints at mentorship, independence, and a gentle passing of wisdom within a family scene. The mood blends humor with a touching sendoff.
ST. HELIER Jersey Channel Islands AP reports Howard Hughes the American recluse is said to be house hunting on Jersey seeking a hideaway home. Local dealer and government spokesman note speculation Hughes may buy one of two medieval manor houses in St Helier as he remains secluded on the ninth floor of a London hotel after fleeing Nicaragua's earthquake last December.
Merchants National Bank introduces the MNB Check Guarantee Card to speed check cashing. No license or SSN needed. one glance verifies identity and signature. Card guarantees store coverage up to 100 dollars per personalized check. Apply at Downtown Motor Bank, Vernon Village, or Kingston. photo taken in minutes. call 398-9253 for details.
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