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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 24, 1973
Page
9
New York columnist Sylvia Porter discusses borrowing at high current interest rates. If funds are for important needs and credit is available, borrowing may pay off when future prices rise faster than loan costs. Delaying purchases could lead to higher overall costs due to inflation and interest.
A bridge commentary describes a cautious South counting to thirteen and finessing spades, followed by a tax article explaining how interest deductions affect net loan costs across tax brackets. It outlines concrete examples for brackets from 19 to 34 percent, noting when interest can be deducted and how to keep records for 1973 income tax purposes.
In a bridge problem West opens with one diamond and overcalls. South holds a strong hand and asks what to do now after passes from North and East. The suggested ideas discuss jumping to six clubs, trying three hearts to reach six no trump, and not fearing seven. The prompt ends with today’s question and indicates an answer will come tomorrow.
Dr H L Herschensohn warns ice cold drinks do not harm endurance but may empty the stomach causing cramps. excessive salt is unnecessary and could waste potassium. Replacing lost potassium via tomato or orange juice is advised, while laxatives should be avoided during sports. A brief wartime note on Stalin’s July offensive follows.
Washington authorities launch a nationwide recall after Canadian tests linked five brands to botulism in glass jar mushrooms. The FDA urges immediate return of affected jars from New England states New York New Jersey Pennsylvania California and other areas.
The Montana Department of Revenue will stop collecting state income taxes from reservation Indians. The ruling follows a recent U S Supreme Court decision and affects about 27 000 Indians who are enrolled members of tribes and work on reservations. Jerome Cale of Billings helped draft the federal suit leading to the exemption and says he will seek retroactive refunds for past five years. Reimbursement to the state could reach about 2 million dollars.
Two boys aged 14 and 15 were arrested Monday morning after a report of an auto taken from a southwest area. Authorities recovered the vehicle on Wilson Avenue near Highway 24380. The younger boy faced a curfew violation charge, while the older was charged with curfew violation and operating a motor vehicle without the owner’s consent. Both were processed by the juvenile bureau and released to their parents.
A 12 year old chess prodigy from Seattle defeated the city’s top player in a high profile match. The event highlighted rising junior talent and drew attention to youth participation in competitive chess nationwide.
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