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Cedar Rapids Gazette (Newspaper) - October 18, 1974, Cedar Rapids, Iowa g The Cedar Rapids Gazette: Fri., Ort. 18, 1*71 me i edar Rapids Gazette: Fri., Oct. 18, 1*71    9 Investor'* Qaid* 6S6XXX56S6iW6XXx8 By Sam Shulsky Q — I’m a young housewife who has managed to save $700. How can I put this money to work without my husband knowing about it? A — If you file a joint in come tax return, there isn't too much you can do about it since any interest or dividends you receive on such an investment will be noted on a form which is supplied to the Internal Revenue Service. Of course, if you file separate income tax returns there is no problem. The only income which would not bt* reported for income taxes would be interest income from tax-exempt, “municipal” bonds. But these sell in ll .WK) certificates. ()    -    I am considering borrowing $5,000 on a second mortgage on my home from my bank because I need more income. A — I can't imagine where you can invest that $5,000 (assuming the bank will give you a second mortgage — which I very much doubt) at interest which will yield you enough to pay mortgage interest rates plus amortization, let alone having any "income” left over for yourself. I’d say, forget it. Q — About eight years ago we bought 50 shares of a small conglomerate at 14*^. I never saw it listed. Recently we were asked by another company to send in our shares for a l-for-10 exchange for the new company’s stock. We did and received five shares of the new firm — now we can’t find that, (’an you help us? A — lf you had sent along a stamped, self-addressed return envelope I would have told you that your first company was taken over by the second and that the second has disappeared and that your b«*st bet would Ik* to write to the transfer agent bank named on the st<K*k certificate. Since you didn’t send along an envelope*, you’ll just have to guess that this answer applies to you I am NOT going to mention the names of fly-by-night eompanies in this column because. I have learned, such mention has been misused. (J — What are the advan tages (and disadvantages) of preferred as against common? A — Preferred shares get their dividends first and, in many case*s, if dividends are omitted the*y accumulate as a claim against the company and must be* cle*are*d off before the common gets anything Common dividends are* low man on the totem pole. However, they may be incre*ase*d, while preferred dividends are fixe*d. Common share** will fluctuate* in keeping with the company’s fortunes and the general state of the stock market. Solid preferre*d sharers’ prices will be most directly affected by the change* in interest rate**. Q — I was recently left a widow, at 40, with no children, but with debts of abeiut $7,500. I will be* able to e*arn $12 OOO in teaching and extra work I want to pay off the bills at HK) pe*reent What program should I set up? A — Since ynu admit ynu were a bit careless in not accumulating much savings during 18 years of marriage, I would think you’d want to first set up some systematic savings program — such as monthly purchase of an E bond. When you have accumulated a comfortable sum which would Ik* available for emergencies (and, of course, paid your debts) you can begin a systematic program of investing monthly in some mutual fund or in some sound common shares. I fear, however, that such investments are some time off. (Especially with more than $3,(KM) annual rental and the need for a car.) * * * Mr Viols* i wvlromars written nu** lions, bul ha will be able lo provide answers only through ftie column For Information on annuities, please Include a sell addressed envelope. Address your reuuesft to Sam Shulsfcy. core of The Gazette KUBUS HUtDWUE IS MOHD TO MMMJNCE... *• GRIND OPENING OF OUR NEW 3“ FLOOR FIREPLACE DEPARTMENT! FOLDING SCREEN in SATIN BLACK SALE S1A88 reg. $28.75 v-fei-sk:at :’’h\ IWP - : ySMigiHS* W. jHBuflBBBfclDI; ni psl^ygjgjpi.; • : f ■ •! :<;;j {Mi Bi;fit h ]: i|:| : * |jpr! 0pfr Ii *57> DELUXE ENSEMBLE in BRASS AND SATIN BUCK Includes 4 piece tool set, andirons, 38”x31” Screen Sale *66    reg. $88.99 SPARK GUARD in BUCK & BRASS Reg.    Sale 37”X31 ”    #1551    19.95    15.88 43’ X33”    #1551    21.95    17.88 *87’ ENSEMBLE in SATIN BUCK Includes 4 piece tool set black andirons, 38”X31" Sale *49M reg. 64.95 ENSEMBLE in SATIN BLACK & BRASS 38‘*X31 ” with hanging tools Sale S2488 reg. 34.99 * W.    t    Sv ENSEMBLE IN BRASS Includes andirons, 4 piece tool set, 38 "X31 ” Screen Sale 57988 reg 99 95 THE HEARTH 6 BEAUTIFUL MODELS TO CHOOSE FROM by Fred Meyer UP TO 50” WIDE SALE $3688 Reg. 44.95 No bolts or screw heads to detract from its beauty. Extra-full pull curtains of closely woven mesh. A set that grows more lovely with the years. Choose from 5 finishes to flatter your decor: ANTIQUE copper or brass, POLISHED brass, SATIN brass or black. No holes to drill, easily installed. LOG BIN Attractive tor tn-.i^cr u. e and handy icr storage-- under the cav on the patio, Le idc the fireplace Made cf . turdy tufculir . ted w-stil satin black finish HART ELECTRIC DECOR FIREPLACE Sale *119“ reg. $1 59.95 Electric Log included. Has built in electric HEATER: I 20 volts 1650 watts. Hangs easily on any wall. Black with Brass trim. #427 SALE *12" reg. 18.95 REAL-FYRE Qas Logs This gas log set contains a glowing ember burner, specially designed to duplicate smoldering ashes. Many styles and sizes available. Gas Logs Starting as Low as A Wood-Burning Fireplace In Your Home? YOU'D BETTER BELIEVE UL Listed for close-to-the-wall placement * Ideal for corner installations Double-wall construction keeps outer shell cool The Continental is specially designed for close-to-the^wall or corner installation. Red, Black and Olive Green decorator colors are perfect in the home, apartment or condominium. Easy, versatile installation with Preway's exclusive Chimney Package. Wood burning or use with gas log. Many other models available Come in today for the full, low cost story! a heater masquerading as a magnificent fireplace.. ■ ALMOST AS EASY AS HANGING A PICTURE ON YOUR WALL * Installs on any wall * Powerful concealed heater * No chimney needed This Wood- Burning Fireplace . . . belongs. . . wherever cheer is wanted! SALE PRICES START AS LOW AS $153.44 * Burns all fireplace fuels * Complements any decor * Lifetime porcelain finish Preway's elegant "fireplaces for Fun & Flames" add cheer and warmth to any room. 38-inch "Go-Anywhere" Moderne (shown) and compact, 30-inch Capri feature conical flair design, and are ideal upstairs or down. Choose from many decorator colors. Installation is easy with Preway's versatile Chimney Package. Gas or electric log optional. See us today for the full story. Many other models to choose from at truly low prices! SAVE 20% ON ANY PREWAY FIREPLACE DURING GRAND OPENING SALE) NOTE: PARTS AND ACCESSORIES NOT ON SALI. All BUILTINS AND FREE STAND ING MODELS HAVE $10.00 DELIVERY CHARGE) Reg. 476.35 GAS MODEL Building or Remodeling? Complete Your Plans With    ‘ This Preway "Built-In" Wood Burning Fireplace * Saves You Money — no need for expensive masonry * Installs anywhere, safely * Simplifies stacking for multi-family units * Bums ell fireplace fuels * Low profile, permitting return of offset below 8' coiling. The Custom is the real, "built-in'' fireplace that lets you choose an endless variety of hearth and mantle decor. Perfect for the home, apartment, office or vacation retreat UL Listed for ' zero clearance'' to all framing materials. Installation is simple with Preway's exclusive Chimney Package. See "the fireplace of many faces" today, plus many other fine Preway models. We can help with installation if you prefer. Storm Collar Adapter / Ratncap Flashing The Aristocrat directs gentle warmth down across the floor, where it s needed. Choose either gas or electric model. Lends charm and grace to living rooms, dens, bedrooms. Thermostat control. Electric log crackles, gives realistic flame effect Choice of Provincial White with Cold trim or Matte Black (paint it any color you wish!) PRE WAV, Triple wall Starter Section Fireplace Simplified Chimney System for Easy Installation #148 #950 WOODEN MATCH HOLDER SALE S444 SAVE 10% ON ANY GLASS SCREEN BY HEARTH CRAFT. Sale prices start as low as $103.70 for satin black with polished brass trim. I year warranty on the glass panels in Glass screen. Many sizes and styles in stock. OWL ANDIRONS IN MEDITERRANEAN SALE *24“ reg. 30.99 Cape Cod F irelighter BLACK & BRASS SALE 15.88 reg. 19.95 Reg. 5.49 95 #279 BIDE SIT    #2312 In SATIN BLACK ond BRASS    BRASS    FIRE    SET Sale *26“ reg. 34.99 Sale *39“ reg. 52.99 •MT FIRE SET BLACK A BRASS Sale *22" reg. 29.95 ELECTRIC FIREPLACE HEATER I 20 volt, I 500 watt 5120 B.T.U. Use with electricity log at left. Kubias Low Price *57* BLACK LOGS TONGS SALE *388 reg. 4.79 SEE OUR LARGE SELECTION OF EAGLES Many size*, and styles to choose from. SATIN BLACK WOOD HOLDER SALE *688 reg. 9.99 Item rn 9-641 N> EVERY HEARTH NEEDS A BELLOWS SEE THEM ALL NOW! “LOG ROLLERS” Turn old newspapers into Firelogs *18" Hearth Broom HEARTH BROOMS Choose from our large selection of colors & styles Reg. 24.95 SALE Box of 90 Long HEARTH MATCHES Sale 99* LONG BURING GOLDIN FLAME FIRE LOGS SALE 99* El. reg. $1.33 Ea. REALISTIC ELECTRIC LOGS ■eg. 20" Oak Of Birch........ 24.95 ‘sale 19.88 20" Oak or Birch MCrackl«" 34.95 9SAU 28.88 KUBIAS HARDWARE and HOUSEWARES 311 3RD AVENUE S.E. DOWNTOWN CEDAR RAPIDS PHONE 364-7171 FIREPLACE DEPT. OPEN 9 AM ’til 5 pm MON. A THURS. Eve, ’til 9 p.wi ALL CAST AND STEEL GRATES NOW SALE PRICED! WIN AT BRIDGE By Oswald Ic James Jacoby No series of articles on obligatory falsecard plays would be complete without today’s hand. In one form or another, this hand has been appearing in bridge columns for 50 years or more. South wins the spade opening and leads a club. He is not going to make his slam if Hast holds all four missing clubs, hut West follows and now the slam is cold. A happy-go-lucky South would rise with the king of clubs on the theory that queens always dropped; a slightly NORTH    18 4 4 3 984 ♦ 92 ♦ ak J7542 WEST    EAST 4 10 98    4 Q J 6 5 2 995 3    9 Q IO 7 6 4 86 4    4 Q J IO 3 ♦ (j IO 9 8    ♦-- SOETH (I)) 4 A K 7 9 A K J 2 4 A K 7 5 ♦ 6 3 Neither vulnerable West North    East    South 2 NT Pass    6 N T.    Pass Pass Pass Opening lead —IO 6 more careful South would play dummy’s jack to be sure of his contract against any 3-1 or 2-2 break and to make seven if West had started with three to the queen. A very careful South would play low from dummy. This would give up any play for seven but would insure success of the slam against the presence of all four cards in the West hand. So, you are West. You know South is a careful player. You know that if you play the eight, nine or IO he will duck in dummy and pick up the suit the next time around. You play your queen. South should still play low , but will he? Thirty points is 30 points and he just may play the ace or king and wind up in the ash can. 9tCflRDJfe«*4* The bidding has been West Pass Pass Pass North 19 26 59 69 East Pass Pass Pass Pass 18 .South 16 4 NT 5 NT You, South, hold AA K 8 4 3 YA 2 9Q 4 4K Q 8 7 What do you do now0 A—Just bid six spades. Your partner may have the right cards for seven but it is unlikely. TODAY’S QUESTION Instead of showing one king your partner has bid six hearts over your live notrump to show two kings. What do you do now ’ Police Finally Get Car Back From Snake CINCINNATI (UPI) -Police in suburban Evandale have ended a three-month battle with a snake. The long black snake had been placed in a police car’s trunk by an officer after a citizen complained about the presence of the reptile. When the officer tried to get the snake to set it free in a wooded area, he found the reptile had slithered into an inaccessible section of the trunk The police car was placed out of service for three months until a pesticide firm managed to force the reptile from tin* auto. The snake was given to Adam (’hacksfield, Ii, of suburban Norwood, an avid snake collector BUILD A NEW HOME ON YOUR LOT It * ANY PLANANY SIZE ANY STYU-ANY DI SION ANV WHIRS WE WILL BUILD ANY PIAN OUT Of OUR CATALOG OR ANY PLAN Of YOUR OWN FMR fSTIMATC 5 CMC! RFV LLY FURNISHED o 30 DAY DELIVERY • GUARANTEED PRICf • HIGHEST QUALITY PRM COLOR CA TAL OO Pric* Lib! Own#*» Lit! TY ICNNtrr, BUILDER R.B. MY. IOWA PH. MB-426B U.S. HOMES six md tvi un moms ;

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