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The Daily American from Somerset, Pennsylvania • 12

Location:
Somerset, Pennsylvania
Issue Date:
Page:
12
Extracted Article Text (OCR)

12 Somerset Dolly Amorlcon, Soturdoy, May 22, 1976 Mart Poce Swoop Lower 10:30 A.M. 2-LookUp4Llve 4-Adventure Time bomber, fell nearly two points. The Senate voted onThursday to postpone until next February its decision on whether to go ahead with production of the controversial plane. Xerox was actively traded and gave up more than a point following Thursday's 3V4-polnt climb. The rise on Thursday reflected the company's statement it is looking into a dividend increase.

Standard Poor's 500-stock index was down 0.74 at 101.76, while the NYSE's composite stock index fell 0.34 at 53.97. At.the American Exchange, the market value index dropped 0.06 to 104.76. On the over-thecounter market, the NASDAQ composite index lost 0.14 to 89.39. NEW YORK (AP) Money supply and interest rate worries drove stock prices lower' Friday, canceling most of the gains of the previous day's rally. The Dow Jones industrial average took a 6.52-point loss at 990.75, ending another rather lacklus week with a net decline of 1.85 points.

Stocks falling in price topped gainers by about an 8-5 margin among New York Stock Exchange-listed Big Board volume tailed off to 18.73 million shares, compared with 22.56 million on Thursday. Nationwide turnover in NYSE-listed stocks, indluding trades on regional exchanges and in the over-the-counter market, totaled 22.03 million shares as of the 4 p.m. New York close. Rockwell International, the main contractor for the B-l Philadelphia Produce PHILADELPHIA (AP) (USDA) Trading was fairly active and supplies were moderate on the Philadelphia produce market Green onions were higher while spinach and local grown strawberries were lower. Most other nearby grown commodities were about unchanged in price.

Apples carton tray pack Pa. Staymans88-113s 7.00-7.50, Romes 72-1 13s 8.00-8.25, NY Red Delicious 72-U3s 8.00, carton film bags 12s 3-lbs NJ Staymans 6.60-7.20, fair5.4O6.D0, Pa. Romes7.20. Asparagus NJ pyramid crates loose 14.00. Escarole NJ 11-9 bu 4.50.

Greens NJ bu loose turnip tops, hanover salad and mustard 3.00-3.50 bunched collards mostly 4.00, kale 3.504,75, Broccoli Rabe2.50. Leeks NJ crate bunchedl2sfair4.00 SATURDAY 2 Harlem Globe Trotters 4-Bull winkle lOV-Popeye Flying Nun 8:00 A.M. 2. 10 Pebbles And Bamm-Bamm 4 Hong Kong Phooey 6. 11 Emergency Plus 4 2.

10 Bugs Bunny 4 Tom And Jerry 6. 11 JosieAndThe Pussycats' 13 Mister Rogers 3,13 Sesame Street 6, 11-Waldo Kitty 9:30 A.M. 4 Adventures Of Gilligan 6, U-Plnk Panther 10:00 A.M. 2. 10- ShazamIsis 3, 13 Electric Company 4 Super Friends 6.11- LandofThtLost 3, 13 Mister Rogers 6, 11 Run, Joe, Run 2, 10-Far OutSpace Nuts 3,13 Sesame Street 4 Speed Buggy 6,11 Return To The Planet Of The Apes 2, 10-Ghost Busters 4-OddbaUCouple 12:00 NOON 2.

10- Valley Of The Dinosaurs 3 Zoom 4 Championship Bowling 6. 11 Jetsons 13 Electric Company 12:30 P.M. 2 Vibrations 3 Hodge Podge Lodge 6, 11-Go-USA Children 10- Fat Albert 13 Auction Countdown 3 Crockett's Victory Garden 6-Big Blue Marble 11 Cartoons 13 Auction 2 Woman Is 3 Talkabout 4 Fishin' Hole 6 GreatestSports Legends 2:00 P.M. 2 Family Affair 3 Lowell Thomas Remembers 4 Tennis 6, 11 Grandstand 10 Champions 2:15 P.M. 6, 11-BasebaU 2:30 P.M.

2 Movie: A Boy Ten Feet Tall-Edward Robinson 3 Consumer Survival 3:00 P.M. 3 Nova 10-NashvHleOnTheRoad 4 Movie: SKonof AGunflghter Russ Tamblyn 10 LawrenceWelk 3 Sesame Street 13 Auction Continues 2, 10 Sports Spectacular 5:00 P.M. 3 Mister Rogers 4- Wlde World Of Sports 4-Golf 11 Movie: Tarian 3-Electric Company 3 Speaking Freely 10- Talk To Your Senator 6:30 P.M. 11 John Huffman 13 Consumer Survival tt 7:00 P.M. 2 Presidents: 76 Years On Camera 3 Firing Line 4.10- HeeHaw 6 Africa's Mysterious Spring 11 LawrenceWelk 13 Auction 19-Wrestling 8:00 P.M.

2, 10, 19 Jeffersons 3 Onedin Line 4 Good Heavens 6. 11 Emergency :30P.M. 2 Eyewitness News 4 Movie: On AClearDay You Can See Forever Barbra Streisand 10, 19-Doc 2, 10, 19-Mary Tyler Moore 3 Movie: Quartet-Dirk Bogarde 6, 11-Movle: The CaU of the WBd-JohnBeck 10:00 P.M. 2, 10, 19-Carol Burnett 13 Auction Continues 3 Soundstage 11:30 P.M. 2-Movie: The Thrill Of ItAU DorisDay 6-Saturday Night 10 Movie: Cool Hand Luke Paul Newman 11 Movie: Castle of Terror Barbara Steele 1:10 A.M.

11 Movie: Invisible Man Returns-VlncentPrice 4- MysteryOfTheWeek 2 Movie: the Iron Major-Pat O'Brien SUNDAY 7:00 A.M. 2 Passing The Buck 10 Blue Ridge Quartet 11 Oral Roberts 2 This Is The Life 4 Directions 10 Day Of Discovery 11- ItIsWritten 8:00 A.M. 2 Not Just Sunday 4-Faith And Today's World 10- JerryFalwell 11 RexHumbard 2-OnAir 6-Jerry Falwell i 9:00 A.M. 2-Medix 4 Senator Scotts Report 10 Gospel Notes 11 Cartoons 9:30 A.M. 2 Insight 4 Community Outreach 6 Day Of Discovery 10 Spring Street U.S.A.

10:00 A.M. 2 Lamp Unto My Feet 4 Big Blue Marble 6-Hour Of Power 10 Life Of Triumph Chicago Grain CHICAGO AP) Futures trading on the Chicago Board of Trade Friday: High. Low Close WHEAT (5,000 bu) Jul 3.45 3.41 3.45 Sep 3.53 3.49 3.52 Dec 3.64 3.60 3.63 Mar 3.75 3.71 3.73 CORN (5,000 bu)' Jul 2.67 2.82 2.86 Sep 2.73 2.70 2.73 Dec 2.64 2.62 2.63 Mar 2.72 2.70 2.71 May 2.76 2.75 2.75 OATS (5,000 bu) Jul 1.61 1.55 1.60 Sep 1.56 1.51 1.58 Dec 1.60 1.54 1.59 May 1.60 1.54 1.59 SOYBEANS (5,000 bu) Jul 5.48 5.39 5.48 Aug 5.52 5.42 5.52. Sep 5.53 5.44 5.53 Nov 5.57 5.48 5.57 Jan 5.62 5.55 5.61 Mar 5.67 5.60 5.67 May 5.70 5.65 5.70 NEW YORK (API-Friday's selected Genescolnc .70 Ji 7(t national prices for New York Stock Ex- Gerberl.20 29 22H 21 22 -f change Issues: GettyOll2e 70 165 163K 163 42 Sales Gillette 1.50 373 31 30 mt 4- (hds.) Hlgfc Low. Close Chg.

Goodrhl.12 376 27 Ui ACFIn2.0 30 SOH 4H 50 Goodyrl.10 343 21 21 MH Alrcolnd 1 229 29S 29 29V4 GtAtlPsc 44 13" 134 13 AUgl-ud 1.80 44 394 39 39 Greyh 1.04a 192 I6V4 16 16 Va AHgPwl.60 122 18 II 11 -V. GulfOill.70 1049 26 25 25 ADisChal.40 329 20 19 19 Harris 1.40 97 46 46 46 Alcoa 1.34 379 55 54 54 Holiday 40 1557 13 13V 13 Am Airlift 921 13 13 13 IBM 7 453 257 253 253 3 A Cyan 1.50 353 25 24 24 IntHarv 1.70 220 27 26 26 Am Motors 232 5 5 5 IntPaper2 261 75 74 74 -1 AmStand 1 30 25 25 25 intTT 1.60 413 27 26 26 3.60 1390 55 54 55 Jostens lb 2 22 22 22 Armco 1.60a 114 31 31 31 JoyMfgl.10 208 45 45 45 ArmstCtt.84 184 28 28 28 KaisrA11.20 302 35 34 35 AURich 2.50 627 100 7 98 -1 Kraftco 2.12 115 43 42 42 AvcoCorp 131 11 11 11 KresgeS .32 6374 35 34 35 BethStl2 219 42 42 42 Kroger 1.36 45 19 18 18 BorWarl.35 (6 29 28 28- LehVallnd 14 1 1 1 BuddCo 80 73 16 15 16 LOF 1.50 63 33 32 Cert-teed .65 35 19 18 18- LockhdAirc 319 9 9 9 Chessle2.10 60 37 37 37 LukenStl.60 19 26 26 26 Chrysler 530 19 19 19 MartMa 1.30 805 23 23 23 CITFIn2.20 163. JI 31 31 -1 Merckl.40 256 72 71 71- CitiesSv2.40 254 41 47 48 MGM lr 72 14 14 14- Cansat 1 95 26 26 26 MinMM 1.45 681 58 57 57 ConEd 1.60 211 17 16 17 MobilOl 3.40 658 60 59 59 CornG 1.12a 7 73 72 72 -1 Nablsco2.40 80 40, 39 40 CurtisWr.60 78 13 13 13- NatCan.57 138 12 12 12 DeltaAir .60 3464 45 44 44 NatDtst 1.40 222 25 23 24 DowChl.60 399 110 109 109 NatFuel2.06 2 22 22 22 DowChmwi 44 55 55 55 NatlSU2.50 283 49 48 46 Dresser 1.50 124 80 60 80 NCRCp.72 407 29 29 29 DUPont 4.25e 261 155 154 154 1 NiaMP1.24 166 13 13 13 Duqm.72 89 18 18 18 NwstAlrl.45 327 32 31 31 EasKd 1.56a 676 102 100 100 1 OklaGE 1.44 360 18 17 18 Exxon 5.15e2279 101 1000 100 Owenlll 1.88 195 61 61 61 FMC1 510 24 23 23 FdFair.20 37 5 5 5- National Stockyards FordM 2.40 398 56 55 55 GenE11.60 666 51 51 NATIONAL STOCKYARDS, I1L (AP) GnMot2.90e 1416 70 69 70 Hogs 5,000 head. Butchers firm to 50 GPubUtl.68 469 16 16 16- higher. Sows steady to firm.

GTelE1 1.80 1157 25 24 25- US 1-3 butchers 200-240 lb. Dj OW JOnCS CatUe 100 head. Not enough to test market NEW YORK AP) Dow Jones stock Sheep 25 head. Not enough to test mar-averages: ket Open High Low Close Chg. Estimated receipts for Monday? 6,000 Indus 994.77 999.03 966 .41 990.75 hogs, 3,000 cattle and 200 sheep.

Trans 219.18 220.60 217.69 218.75 1.02 utus 86.43 86.94 65 86 86 34 -0 28 Lancaster Livestock 65Stks 306.79 306.35 304.41 305.64 1.73 Transactions In stocks used in averages LANCASTER, Pa. AP) Lancaster Industrial 1,231,500 County Weekly Review: Tmsportation 508,500 Cattle choice slaughter steers Utilities 294,100 41.00-42.00; choice slaughter heifers 37.00- 65 Stocks 40.50; uUMy cows 31.50-34.00; choice bulls 38.50-41.00. Calves950; choice vealers 64.00-75.00. 40 Bond 72.210.16 10 Higher grade rails 51.91-0.35 New Ork Dairy 10 Second grade rails 66.080.01 lOPublicUtilltles 90.90-0.23 NEW YORK (AP) Butter offerings 10 Industrials 79.934.08 steady, prices unchanged. Income rails 46.31 0.40 Cheese offerings steady, prices un- Commodity futures index 324.961.96 changed.

Confluence Lions See Slide Show Representatives of the The second meeting of the Somerset Community Club for the month of May was Hospital presented a program replaced by the Lions' of slides at a meeting of the sponsored Turkeyfoot Athletic Confluence Lions Club held at Banquet held at the school on the American Legion Home in May 17. Ursina during National Their next event is the Hospital Week. Handicapped Day at the Yough Dam on May 27 co-Assistant Administrator of sponsored with the U.S. Army the Hospital, Michael Corps of Engineers. Volun-Farrell, and Social Services teers are still needed to help Co-ordinator, Richard L.

with the day's activities for Adams, told the Lions of the the blind. Anyone caring to expanded facilities and well help should call 395-3242. staffed center capable of. The next regular Lions' meeting the health needs of meeting will be the evening of the surrounding area. June 14 at Ursina.

PacLtg 1.66 PanAm Air Penn Cent Penney 1.28 PaPwLtl.60 Pennzol 1.32 PhilaEl 1.64 PhiUPetl.80 Polaroid XI PPGInd2 ProctrG2.20 Pullmnl.20 Puritn Fash RCA1 RepStl 1.60 ReynMetl RoylD3.26e StRegP1.52 ScottPap .68 Sears 1.60a Singer Co StdOilC12.20 StOtllnd 2.30 StOilOh 1.36 Tenncol.76 Texaco 2 Textron 1.20 Thiokol .70 Trans Air UAL Inc .60 UnCarb 2.50 UnOCal 2.10 Uniroyal .50 US SU 2.60 US Stl wi WnBncl.40 White Mot Whittaker WillmsCos 1 WinnDx 1.44 Winnebago Wolwth 1.20 80 1098 47 174 17 5V, 17 5 1 IS 693 52V, 148 20V 412 32 446 16S 641 56 333 35 228 55H 305 86V 58 32H 66 i't 543 27 409 38 279 38 583 48 259 42 X411 21 663 67 241 21 844 37 1025 49 133 71 1630 28 1826 27 55 26 26 16 6360 12 1231 27 465 73 1148 51 97 9 199 82 22 55 93 21 447 4 178 5 51 51 20 20 32 32 16 16 55 55 34 34 54 54 87 87 31 31 4 26 4 26 37 37 37 36 46 48 41 41 -1 21 21 66 66 20 20 36 36 49 49 71 71 28 28 26 26 25 25 16 16 11 12 26 27 73 73 50 51 9 9 82 82 54 55 21 21 4 4 5 5 21 22 37 38 7 7 21 21. 52 .52 -1 32 32 514 22 71 38 89 7 400 22 2132 54 313 33 XeroxCp 1 ZenithRad 1 New York Eggs NEW YORK (AP) -(USDA) Wholesale egg offerings steady, prices unchanged. Wholesale selling prices based on volume sales. New York spotations follow. Whites: prices unchanged.

Philadelphia Eggs PHILADELPHIA (AP) (USDA) Demand light Prices to retailes: Sales to volume buyers, consumer grades white eggs in cartons, delivered: store door. A extra large 59 to 69; A large 58 to 68; A medium 54 to 63. The prices listed do not include all sales some may be higher or lower than listed. Pittsburgh Produce PITTSBURGH (AP) (USDA) -Produce market trading, supplies moderate. Apples, rail 0, truck 2, market about steady.

Pa. and W. Va. no supply. Potatoes, rail 4, truck 5, market steady Pa supply insufficient to quote.

EVERYTHING IN ONE PLACE? Q. I am retired at 65 with $80,000 in savings certificates, bonds and stock. My goal is non-speculative maximum Income. My stock is yielding about 4 per cent, so I am looking at stocks and bonds Rock Concert Set Sunday MEYERSDALE --This area's first rock concert will be held at the Somerset County Fairgrounds Sunday at 1 p.m. Gates open at noon.

The nine bands to be featured are: Natural Wonder, Miss Delicious, The Owl, Diamond Reo, Church Street, Kreeke, Harvest, Roscoe and Neighbors. Tickets bought at the gate are $6.50. 10- Dwayne Friend 11 Catcrcousins 11:00 A.M. 2 Camera Three 6 RexHumbard 10- Slster Bemiee Shaw 11 Summer Science Academy 11:30 A.M. 2.

10 Face the Nation 4-MakeAWish 11-In The Public Interest 12:00 P.M. 2 Eyewitness Newsmakers 4 Issues 4 Answers 6-Senator Scotts Report 10- Jacobs Brothers 11 Black Impact 12:30 P.M. 2 Movie: Lively Set-Bobby Darin 4 HotFudge 6-Oral Roberts 10- Your Representative's Report 11- Meet the Press 1:00 P.M 4 Leave It To Beaver 6. 11 Grandstand 10 Call It Macaroni 4 Movie: Under The Yum Yum Tree-Carol Lynley 6,11 Tennis 10- Bowling 2:00 P.M. 2 Boxing 3 Movie: Mikado-Opera Theatre 3:30 P.M.

2, 10-NBA Play-off 4:00 P.M. 3-Gifted Hands 4 Bonanza 6-Golf 11 Big Valley 5:00 P.M. 3 Saga of Western Man 4 It Takes A Thief 11 Tarian (:00 P.M. 2.10- News 5 HarrisburgRflport 4 Auto Racing 8-Meet the Press U-Space: 1999 2,6,19 News 3-World Press 10 Pop Goes The Country 7:00 P.M. 2, 10, 19-60 Minutes 3 Tribal Eye 4- Fish ThatSwallowed Jonah 6.

11- WorldOf Disney 13 ALuction Continues 8:00 P.M. 3 Nova 4 Six Million Dollar Man 9:00 P.M. 3 Masterpiece Theatre 4 Movie: Hang 'em High Clint Eastwood 6,11 McCloud 10:00 P.M. 3 Olympiad 13 Auction 11.00 P.M. 2 Movie: Bachelori The Bobby-SoxerCary Grant 4 Rookies 6 Movie: Ulysses Kirk Douglas 10- Movie: WaltUntilDark-Alan Arkin 11 Movie: Glass Menagerie Kirk Douglas 4 Ironside 2 Campus Connection 4-ABC News Bill Beutel Record WINDBER Releases Robert Dawson, Windber.

Debra Lynn Wahl, Hooversville. Thelma Statler, Windber. MEYERSDALE Releases Harry Zimmerman, Berlin. Emmet Ackerman, Grantsville, Md. Jacob Oester, Accident RD 2.

Marriage Licenses Thomas E. Long, 26, Berlin RD 1 and Barbara E. Long, 23, Meyersdale RD 3. Robert L. Tedjeske, 34, Hollsopple RD 2 and Mary Ann Bartolomucci, 34, 1910 Cambria Windber.

Thomas Lee Smith, 29, 612 16th Ave, Berlin and Joanne Gondek, Berlin RD 3. Clifford Ormstern, 20, Friedens RD 1 and Janice Marie Porter, 20, Berlin RD 4. Property Transfers Lennie Vansick to Richard J. Victor, $9,000, Addison Township. John W.

Mostoller to George M. Lensbouer, $29,500, Somerset Township. VACATION CLUB Karpin On Bridge Daily SOMERSET May 21 Releases Linda L. Berkey, Rockwood RD2. Robin L.

Bittner, Rockwood RD 2. Shirley J. DeVore, Rockwood. Wilbur G. Foster.Somerset.

Charles J. Goodwin, Somerset. Wilma Grbh, Somerset RD 2. Quentin A. Hine, Somerset RD 6.

Ira E. Lafferty, Somerset RD 5. Louis E. Lautenbacher, Boswell RD 1. Patrick Montegna, Stahlstown RD 1.

Carol Oliver, Stoystown RD 1. Kenneth C. Perry, Somerset. Laura L. Phillips, Garrett.

James E. Tunstall, Gray. William E. VanSickle, Ursina. Amy B.

Winters and Son, Somerset RD 5. Andrea R. Yachere, Listie. JOIN OUR SAVINGS I i if II I Success to you It's Your Day To Celebrate Jump for joy, Gradsl You've reached your goals and we're mighty proud I NOW YOU ARE ON New York Poultry NEW YORK AP) USDADressed poultry. North Atlantic carlot and trucklot turkey markets, U.S.

grade ready-tocook, frozen, or equivalent: Interest for 4-9 lbs spotty and fair; offerings adequate Some basted and timed fryer roasters sold at 53. Trading on hens light, lbs toms also spotty and fair. Offerings on 22-30. lbs fully adequate. Features this week' ranged 66-99, mosUy 87-88 on 4-7 lbs breast and frozen hens and in a few instances were at 49.

Increased are anticipated during next week. 1 Sales reported: fryer raosters 9 lbs 52-53; hens 6-16 lbs 49-19 toms 24-26 lbs 59-61, 26-28 lbs 62, 30 lbs and up67 cents. SHULSKY as well as stocks AND, bonds. What ratio? Whatever allows you to sleep well. 2) As this is written you won't find many AAA or AA bondsyielding 9V6 or 10 per cent.

For the sake of top safety, drop your sights almost a percentage point. Q. I am 35, married, with a 5 per cent mortgage on my home. Only bills at present are the monthly mortgage payment and a 12-month loan on the car. Where should ln-vestable money go? A.

Obviously, the mortgage schedule should hot be disturbed. A 5 per cent mortgage in the case of a man earning a' handsome salary is something to be treasured not prepaid. Despite all the alluring bank "ads" for car loans, I still think 12 or 13 per cent is a pretty high rate. I don't know whether you can prepay it or not with any savings on interest costs. But once this 12-month debt is out of the way, your obvious course (since you already have a comfortable nest egg) is to start accumulating quality stocks.

Brokerage firms specializing in over-the-counter stocks have a valid complaint that the attention paid stocks listed on exchanges tends to reinforce the widespread belief that just because a company is not listed, it is not worthy of Investment consideration. I agree that the prejudice exists and want to make clear that I do not subscribe to it. A good stock is a good stock no matter where it is traded. There are certain differences between listed and unlisted stocks. The exchanges demand a certain earnings record and fix a minimum for the number of investors.

Also, more frequent reports are required of listed stocks. However, I repeat many companies whose shares are traded on the counter could easily meet all exchange listing requirements and, for that matter, do report as frequently and as fully as the listed companies: So once again dont invest by labels Q. I will retire in a year or so at S3. We have our borne, savings certificates and a substantial amount of Standard Ofl Indiana stock. Graduates) yp "0 by SAM AA or AAA rated In the 9Mt to 10 per cent area.

Should I put everything into stocks, or the bonds? A. Two points: 1) Investing is never a 100 per cent "either-or" proposition. A retiree at 65 could reasonably hold savings out that North-South were not opening four-card major suits in first and second positions. Hence South was known to possess at least five hearts. And North felt that the most constructive bid he could make was to support partner's suit.

West's trump opening was won with dummy's jack; and it was at this point that declarer made his fatal error he won the second trump lead with the board's ten. He should have left either the ten or jack in dummy as an entry to the to-be-established spade suit. But, apparently, he felt safe with the ace of clubs there. To trick three he led a spade to his ace, and then played his remaining spade, which was taken by West's king. West how made the key play: he banged down the king of clubs, driving out the board's ace, and removing the sole entry to the board's established spades.

South then led a club to his queen, after which he trumped his remaining club with dummy's last trump. Now he tried leading dummy's queen of spades, hoping that the defender who had no more spades also had no more trumps. On this trick he discarded his six of diamonds. But West had a trump, and ruffed the trick. He then exited with a club, which declarer ruffed.

But South now had to lead away from his K-8 of diamonds, and the defenders made two diamond tricks. And so declarer incurred a one-trick set After declarer had ruffed the third club lead in dummy, he still could have fulfilled his contract by leading a diamond towards his king, with the hope that East possessed the ace. But, whether rightly or wrongly, he opted for the play of the spade queen, to his regret Copyright 1976 Chicago Tribune N.Y. News Syndicate, Inc. World Rights Reserved Pension and Social Security will give us better than 115,000.

What should I do to avoid keeping all my eggs in one stock basket? A. It's a pretty good basket. Standard Oil of Indiana common enjoys a rare "A plus" rating. It has paid a dividend continuously for more than 80 years. Present dividend is covered by earnings more than twice over.

I will grant you the yield isn't as high as you could get elsewhere, but at 63 you still should own some quality growth stock. One vote to sit tight until retirement. You can then set up a schedule of slow liquidation. If you take five years to sell off half the stock, it wouldn't be too slow. You can then consider other equities, and a few bonds.

But meanwhile, sit loose and rest easy. Q. Please tell me about an advertisement in the paper offering 11 per cent on first mortgages, "guaranteed and insured." The "ad" says there is no way to lose your money. k. Other than a U.S.

Treasury bond or an insured savings account I don't know of any investment in which you can't lose money. Real estate can be most profitable or very, very risky. "Guaranteed," "insured" by whom? Q. I am a widow, 60, living on fixed income. I hope to sell some property on which a mortgage comes due in five years.

Should I wipe out the mortgage from savings now? A. I would not wipe out the mortgage. Let it stand. A potential buyer might welcome the privilege of assuming that mortgage if he doesn't have a lot of money to put down for the property. Tomorrow: Stock split vs.

new issue. Mr. Shulsky welcomes written questions, but be will be able to provide answers only through the column. For information to check on obsolete securities, please include a self-addressed, stamped envelope. Address your requests to Sam Shulsky, care of the Somerset American.

Copyright 1976 King Features Syndicate By FRED KARPIN One of the prime attributes of the better player is his ability to pounce when a declarer makes a slip in the play of the cards. An example of this ability can be observed in today's deal, which came up in the 1976 Spring National Championships. Both sides vulnerable. South deals. NORTH Q76542 0 J3 A3 WEST EAST K10 J93 865 0 542 OAQ1097 K10754 J96 SOUTH A8 S7AKQ73 OK86 8 2 The bidding: South West North East 1 Pass 2 Pass 4 Pass Pass Pass Opening lead: Five of If North's direct raise to two hearts may appear to be strange, it should be pointed 1 I YOUR WAY GOOD LUCK TO YOU! VISIT The GEO.

W. SCHENCK Co. A STORE THAT SAVES FOR YOU A few dollars a week saved now (that you'll hardly miss anyway) can mean a beautiful Subscribe fo the SOMERSET AMERICAN paid-up vacation next year. And whats more, you'll receive regular passbook savings interest to add to your holiday fun. Let us help you help to a wonderful worry-free vacation.

Thats how we have by being -people helping helping people like youf CLIP AND MAIL TODAY I CITCUIATION DIPT. SOMftUT OAIIV AMERICAN 334 W. MAIN ST. JOMIMT. A.

11301 Pko Siort My Subscription tmmedioteiy (39.00 a 1 mo4 $11.00 3 NAME ADOSISS ST ATI MAIl SUBSCRIPTION IN SOMIISIT COUNT NOT AVAH.AB1I WHIM THttE IS NIWSPAPf CARRIE! DUIVflY SERVtCi i i i I W--i.

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Pages Available:
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Years Available:
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