The Pocono Record from Stroudsburg, Pennsylvania • Page 52

14 The Dailv Record, The Stroudsburars. Pa. Fri, Feb. 2S, 1962 Science At ork Fats And Cancer, Shelter Byproduct Subjects Usted for By KmocUktrti Research Into the composition at bo.lv and youthful ap proa eh into the of to a spaceship are subjects Science at Work. And Promising leads to the treat of cancer anu atherosclero- deposits in the arteries have been disclosed by the medical of the at California at Ange.es, Noting that cancer need lots of certain fats, the school geld research by Dr.

James Mead "has suggested the possibility of making lipids (fats) structurally similar to those required by the cancer hut which would not he utilised by It. The cancer would fooled into taking the useless and thus would he starved. Mead also has discovered oxide compounds, not normally fr. nd In body tissues, in the fatty deposits which cause heart and Authority Says Vfl 11 urts WILLIAMSPORT, Pa. CAP) Tim Williamsport Sanitary Authority raised yesterday the com- I plaint of in adhermg to the administration of the new Pennsylvania prevailing wage act.

The authority raised the com plaint in regard to the one hid it received for a construction proj ect Involving S97 feet of eight inch sanitary sewer. The bid, totaling $1,798, was by Boger-Dellmger Williamsport. The authority contends that It could do the work with its own work force for about 3 Ton. blood vessel disease. body many of destroying these poisonous com-! Mead said, 'There doesn't seem to he a good reason I why they should remain in the body long enough to he deposited arteries.

Perhaps when we Ve this mystery we may have a od lead to the cause of ather- Shelter Byproduct Thirty -five serious kids in the fun-minded resort town of New'-: Reach, have built a i fallout shelter with an interim study the problems of life In crowded quarters such is spaceships, Roys arc of Science Explorer Scout Post 201, sponsored by Hughes Aircraft Co. scientists. April, while their fellow teen-agers were surfing and sail! ing nearby, they started their project. Marines from FI Toro, i.if., bulldozed the hole, then die youngsters dropped in a cross section from a pedestrian under The result is an approved shelter 30 fret long, 5 feet wide and 6 feet high. The kids don call It a shelter, however.

It's a Systems Research While waiting for completion, now at hand, been preparing projects such as how long can you stay inside without I The Dailv Investor Guaranteed interest jetting claustrophobia. Alan Is Missing I it irusli Nephews, Neiee Plav Hookey PITTSBURGH (AP) Tommy Jimmie and Nancy Hosey played hooky frm sechool to watch a space on television. The three children are the and niece of Marine Lt Cai. John H. Gienn Jr.

wife, Anna, is the at Mrs. James Mosey of nearby Rons Twp- Honey and her husband home to watch flight. Mrs talked srlth sister in Arlington, Df Seminar In Israel DAR ES SAlJkAM, Tanganyika AP) Eighteen Africans have gone Id Israel to aft id three- montti on govorn- numt are part of a adbotSMtap plan announced by a an independence gift to YnngroiyOca. Sugar Harvest HAVANA of been hurried Into fields this week to spur the lagging Cuban sugar harvest Of flcial published yesterday the harvest in the first two weeks of February was 3,500,410 tons, a million tons short of goals GRAND 7:00 9:00 JACKSONVTI1.H, Fla. (AI Navy Lt Arthur Moore, 33, of Hagerstown, was reported missing and presumed dead after his plane crashed in the Mediter ranean Tuesday night.

He was stationed aboard the carrier Shangri-I-a, Navy said here. Wreckage of the plane has not heen found. Moore was a native of Trrmont, Pa. His widow and two children survive. hitlook llripliteiKMl for reclaimed rubber hrightened during the last quarter of 1961 as prospects for a strong automobile market in 1962 began to develop CH.

Peterson, president of Rubber Reclaiming Co said tti.it nearly 60 percent of ail reclaimed rubber into tires. By William A Doyle A friend of mine a $1,000 Mohawk Malone per rent bond, due to mature In the year 3002, He savs that he Imught this bond for SI20 and that he re Interest of a a current yield of more than S.3 percent. says that the Interest on this bond Issue has never bren in default. He also says that the New York Central Hailroad the intrest and principal of this bind. He says that the bond Issue has a prior claim to the earn Ings and assets, some 15 nr JO other bmd Is be telling the truth? i A.

Not quite. He is ovrrmthu- siastic about his investment in talking about prior claim The Mohnwk Malone Railway Is operated as a division of the New York Central. The Central dries guarantee the Interest and principal of the Mohawk Malone bonds. The Mohawk Malone has two bond issues outstanding. They art four percent binds, fine to mature in 1992, and the percent bonds due to mature in 2902.

The 1s are first-mortgage binds. The 3b' are a second lien, i The Interest has always been paid on these binds. They have never been in default The 'are now quoted a round (3160 for each $1,000 par value bonds somewhat higher than your friend paid These bonds are way tip on list of debt obligations However, they have no greater claim to interest payments than any of the Central deht oblige- tions If the Central defaulted on inter- est on any of its debt obligations, you could expect a forced reorgan- ization. At that point the court; would de-ide what would go each bond. misunderstand me.

not saying this wall happen. The New York Central has problems. But they seem to he that serious. Nevertheless, because the Central has problems, the! prices of its debt obligations are depressed. Unless thing take a bad turn, your friend wall probably continue to be happy with his investment.

l). Vmi that an Investor buy the Why not? I rnuld buy shares of each of the stocks iims! to compute the Ihiw Industrial Average, either In equal amounts or ap portioned In accordance with the weightings used In that average. Would I not be the Wouldn't the rise or decline In the value of my Investment follow the ups and downs of that average? If you bought equal amounts one share) of each of the 30 stocks, the answer would be a flat Each time there has been a stock split or a stock dividend In any of the used to compute the Dow-Jones Average, the used In figuring the average has been reduced So, each stock has a different in the average. Technically, you could use the second method you suggest. But, as a matter of practice, it would he just about impossible.

If you don't believe me ask any sensible person in the financial district. We have received a lot of letters on this from amateur digiteers As far as this column is concerned, the subject is closed. (Mr, Doyle will answer only representative letters of general interest in his column. He cannot answer phone queries Advertise In The Daily Record SQUARE MODERN DANCING Fri. Feb, 23 24 8 P.M.

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