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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Oct 18, 1971
Page
4
The reader asks whether convertible bonds suit an older investor seeking current income plus future gain for a son. Expert notes no vehicle offers both high income and high capital gain. convertibles yield about 2 percentage points less than straight high quality bonds, with risk if the stock falls. Advises broker discussion, tax considerations, and weighing income loss against potential future enrichment.
In Louisville the Christian Church (Disciples of Christ) rejected designating the 1.5 million member body a peace church. Delegates adopted a compromise pacifist stance while affirming the right of pacifism and conscientious objection for male members, aligning with Quaker and Brethren traditions.
Washington AP reports President Nixon ordered the Agriculture Department to clarify a set of lunch regulations after a Senate appeal. The White House action follows controversy stirred this fall and aims to resolve questions about policy details.
A Vienna project will install audible signals at the Wittelsbach and Bocklin crossing near the Institute for the Blind to guide blind pedestrians. Officials say the device will announce Go for about 30 seconds to a minute, with no announced stop signal yet. the crossing pace for blind users is considered in timing.
Police guard Rap Brown in a New York hospital after a botched bar robbery attempt ends in a shootout. Brown, 24, in fair condition, faces charges of attempted homicide robbery and possession of dangerous weapons. four men captured include Brown's bodyguard Samuel Fetty and two others.
Oswald and Jacky Oswald discuss a hand where East could have forced a defense to beat four hearts. South wins with the ace of spades and returns partner’s lead, illustrating a poor vs good give-up play. East could have led diamonds to threaten defeat, but misread the chance.
Washington based ADA attacks Democratic National Chairman Lawrence OBrien for backing Patricia Harris as temporary credential chair during the recent national committee meeting. The group says OBrien contributes to discord and disunity by backing Harris over Senator Hughes Oswald.
The prompt discusses a bridge bidding dilemma with a hand where partner holds hearts. It asks what to bid after a takeout two no trump suggestion and notes the question appears for tomorrow.
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