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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 09, 1973
Page
3
The writer asks if switching from relying on monthly dividends and capital gains to a regular monthly withdrawal improves advantage. They propose taking a set cash withdrawal each month while reinvesting any dividends and gains back into the mutual funds. They seek guidance on optimizing cash flow and compounding within two mutual funds.
The U S Privacy Commission approves Chrysler Corp raises averaging 7 25 per vehicle for 1973 and clears a prior 60 increase. General Mills also wins approval to raise flour prices. The moves come as investors debate retirement income strategies and mutual fund withdrawal plans.
In Bogotá six Colombians remain held as kidnap victims by gunmen linked to the National Liberation Army. Last week two freed relatives were released for a $20,000 ransom demand, with no further demands announced. The freed hostage is professor Jalire Duque Gobez. Other captives include businessman Carlos Angel and his son Ignacio Rand, industrialist Hernando Mora de la Hoa, and two more businesspeople.
Air cargo expands beyond exotic items to include autos, drugs, computers, and baked goods. The Air Transport Assn notes time savings drive profits, with 1966 cargo revenue at 681.6 million and 1971 at 1.104 billion. Widebody jets and containerization promise higher future profits as airlines add numerous freighters to handle growing mail and goods.
The piece analyzes a no trump opening, noting how distribution and high card strength guide partner decisions. It cites a hand where South converted to four no trump after one no trump, commenting on the potential for six diamonds and the speculative effect of a diamond opening on reaching the slam.
The text discusses bridge bidding theory with reference to Oswald Jacoby. It mentions Jacoby two suiter tactics and Jacoby tioc trump, describing hand patterns like 16-18 high yard winks and 4-3-33 distributions. It notes emphasis on top honors in any doubleton and contrasts with past conservative approaches.
Local wants ads promise quicker hiring for jobs ranging from part time to full time. Readers are urged to check listings for opportunities with various employers seeking help in multiple departments and roles.
Researchers told the Society of Automotive Engineers that catalytic converters favored for 1976 cars would raise overall costs by about 850 dollars compared with 1970 models. If converters must be replaced at 25 000 miles, another 250 dollars could be added, with total costs tied to a 50 000 mile replacement cycle and an 85 000 mile life expectancy.
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