OCR Text |
Show JAN. THURSDAY. 9. PAGE 3 197$ PAUL HARVEY NEWS Federal Trade Asked Take Stand On Ads Yes! There Are Poor Rich Men By PAUL HARVEY tbe.e is little vocal support Alan Greenspan, chairman of the Council of Eco- You can be a their dues, expressing their discontent. BUT STOCKBROKERS can get behind in their rent, even as others can. Stockbrokers' babies can go $100,000 e. The stock went down instead. Today that formerly $50 stock is selling for an absurd $7 a share! In recent years, as the stock price shrank, the value of the stock no longer covered the amount of his loan. He was asked for additional collateral. He mortgaged his house. FULL MEMORY BUSINESS CALCULATOR Does Maik His Back up in lowest 1 Does Value year unconditional Discounts Case Adapter and Carrying prices 1 variety ol calculators to choose from But the strategy so successful for so long is hitting snags. n The Federal is being asked to stop ads for L & M cigarettes because they associate smoking with '"physi- cal muscular vitality, strength and wholesome outdoor activity." The central image in one of this cigarette brand's national campaigns is a rugged young guy, stripped to the waist. This hip, outdoorsy figure is either building a log cabin, sitting beside a mountain stream, or striding through open meadows always with, a cigarette. "The overwhelming visual message of the advertisement," said the charge filed Vladivostok's sheltered harbor and miles of automated docks make it the Soviet Union's largest Far Eastern port. But the vast harbor freezes over in winter, so a fleet of icebreakers plows open ship channels. warnings would virtually nullify their ad message and amount to a ban on advertis- physical strength, independence and health." Although the ad carried the required health warning, "the unmistakable visual message is that smoking is not hazardous to one's strength or health." The image refutes the facts. The FIC is also under pressure from groups such as Action on Smoking and Health (ASH) to require a much larger health warning on all ads. One proposal even suggests that the major diseases caused by smoking emphysema, chronic bronchitis, lung cancer, coronary heart disease be listed in the health warning. Cigarette industry groups have indicated the larger, longer ing. naturally associated with Trade-Commissio- Silicon, which makes up 28 per cent of the earth's crust, stands second only to oxygen in abundance among the elements, and forms the basic stuff of most soil and rock. by Public Communications, '"is that cigarette smoking is Some groups, in fact, are calling for a total ban on all kinds of cigarette advertising. And ASH has specifically called for a ban on outdoor cigarette ads because the health warning can't be distinguished by passing motorists and children get an impression from the billboards of the "acceptability" of smoking. To find out more about ways to combat cigarette smoking and the lung diseases it causes, contact the Idaho Lung Association, 2621 Camas Street, Boise, Idaho 83705. And answer your Christmas Seal letter today. It's a matter of life and breath. mm mmm YOUNG FRESH if TODAY HE has stock worth $35,000 but he owes the bank $175,000. Worse, on that borrowed money he is not paying just 6 per cent interest any more; he is required to pay 13 per cent interest. And if he defaults, the bank will sell his stock his e estate of a quarter-millio- n dollars will be gone and he'll still owe the bank (uarintee state the Large Has Key Piice includes Sale Guaranteed Present Does ups to all the good things in life. Briefs high-salari- that much money he had to put up his stock as collateral. Then on paper at least-- he was a Cigarette ads link smoking until the stock Most have known they can't take it with them; now they hope they can just make it last till they go. days late. Their expenses are higher, due to inflation, and their investments are worth less due to recession. And, in some cases, their jobs are in jeopardy. Again and understandably there is little compassion for the poor rich people. Also, it is likely that most will cut back and spend their reserves and hang on and TO BORROW do market rallies again. But all rich people are less rich now, and some are poor. BANKERS WILL tell you share. During the bull market of 1968, the stock became worth $50 a share so he exercised his option. He borrowed $175,000 to pay for stock worth $250,000. Litronix 2220 make using that borrowers who were never tardy before in making interest payments are now 30 days late some 60 stock option during the balmy days of the late 1960s. He was given the right to purchase 5,000 shares of the company's stock at $35 a quarter-millionair- money, stock as collateral. Those businessmen are sweating blood these days to keep up their interest payments on that loan. corporation executive and be in financial trouble these days. Ed Darby tells of one such man who was rewarded by his corporation with a organization demanding nomic Advisers, was booed when he dared to suggest that the well-to-d- o are suffering, too. "Proportionately," he said, "the stockbroker has suffered more than most wage earners." Quickly he discovered that borrowed Let's look at the plight of the poor rich people. for stockbrokers. They have no union, no To PRICES EFFECTIVE JANUARY Mm I FRIED CHICKEN 5 STEAKS n r i i WILSON'S 9th, 10th, and 11th. FOR ? TURB0T FILLET 69c one-tim- 7S0Wm?2imJ North, Looon 1" Next to Cache Country Carpet! $140,000. 7S14433 Open 10 Daily LEAN 6 P.M. SAVE cmsco BRIDGERLAND HOMES Hiwaj 91 Hyde Phone Lane THAN Z4i42 Furniture, Carpet, s Now I $ V" Model 1974 14x64 . ii .KI -IH I'- 1 Id" !jlfV, (New FK 3BR Lakeridge BEANS '? will 169 24 OZ. 0NLY CHEESE 3 DINNERS 4 $29 W.F. Q"cANS ' to 7C1 LG mm unit (0) " " Coupon i mi , Trailer With Tilt on this LB,cL 19 1975 OR SOLID 67c 303 3 ms 6 89e PACK TOMATOES 77c 40'S KOTEX $69 ONLY ) S BUTTERMILK l PURE FAMILY one 50 tines With Out Without unit $5,225) (" OZ. c 3 49 Coupon AT CARL Expires ALSO 11$ YOU HELP WITH TOUR 25 Ml Off Ml LuffiK 1 Jfr 20 Samsonite and Airway Luggage S JANUARY Hard. Soft 24JSolftr Sided Companion lagi Altachaf 1975 Coupon Expires NATURE Jan. 19 :' f 1975 Coupon ur.L nan auwpon wiinout 4 DON'S GOOD tw 6 loupon ONLY AT With Without i CARL Coupon DON'S GOOD Coupon 16 f. t IT ONLY AT With CARL 02 & i 8 GOOD $29 Coupon Without IK DON S 3 AT CARL i (0) ,4 $3 '3.23 Coupon ONLY lb. 1 J I tr I m m llfIV! I Ml Drtss 25 WW CLEARANCE . . . JANUARY CLEARANCE Off w 1 Pants & CINNAMON 0L OATS RAISIN d Without GOOD DON S mm coupon ONLY g AT CARL t DON'S; PRESTON Dress Shirts ) Men'i Stacks a sVal HONEY .JANUARY CLEARANCE...JAN 0? T fjrl ALL Farah Horrit Kazoo 1975 SMITHFIELD . . . JANUARY CLEARANCE . . . JANUARY CLEARANCE . . Jft 19 VALLFy TREM0NT0N a. vI I RF oranoM : There's More To Carl and Don's Th&n Low Prices rM Jan. Expires NAT Coffee & 89 M Coupon 19 1975 MJB ; Ml FRUIT Jan. Expires VALLEY uranoM oz OV F'-''- SMITHFIELD ALL DrcaShwi 5 LEMONS PRESTON FINANCING. JANUARY CLEARANCE... JANUARY CLEARANCE Z LARGE W $4,425 Now $3,900 19 69c EA. SUNKIST "7 Toosties TREM0NT0N REG. Jan. Post 60 59 Coupon ONLY 10 PINEAPPLE S0 Coupon ZESTA GOOD be Jan. Expires - v will Z n W.F. DZ.1 LG AA BISCUITS CHOICE Now $8,900 (New 1975 price RidiKtt OZ. CAN BEEF STEW 79c pkg for FRESH WEST ore Travel a 58c 8 oz FRESH H u '1.45 REG. 79c ONLY EGGS be $10,250) 21H Ft. Self Contained u 24 REG. 1974 Model Great Western LET OZ. HAWAIIAN on this t $1I RANCH ms J APPLESAUCE unit $10,071 i m PILLSBURY on this Now $9,500 . 14 CHEESE WHIZ POTATOES 1 be $10,670) REG. grade HUNTS 1 Drapes, Carpet, price WHOLE KRAFT $29 Furniture 1975 OR SCANS 4 O FANCY ' WILSONS & 1974 Model Concord (New JELLY LISTERINE Drapes, Carpet, 1975 price will I I to.- - FK GREEN 1 ilplBlifll I 3BR CRANBERRIES yCCAN Furniture jffit 14x70 W.F. TC KRAFT tmmmimmiimmmmm i ONLY - " mmmmmmmmmmmm I jPjf 2 REG. CLEANER 3,700 A. LIVING WALLY BIG MAC 'T 66' SAVE STYLE TUNA LB- - GLOVES $14,700 1 W.F. SEA 1 NO T PLAYTEX Drier. REG. CHUNK CREAM CUBED COCKTAIL Washer Drapes, I SWEET 1 W.F,-FRUI- OF Luxurious DouMewide 3BR CHICKEN BUTTER 1 1975 Model Columbia QUALITY 89c. CUTS MARGARINE) "AA CAN $409 Offering These Fantastic Savings To Make Way For The New Models v IB. 3 563-315- 4 W.F. PREMIUM A (BUY ON LESS Park END PORK CHOPS This problem is not limited to the executive with mortgaged stock. Many small businesses were built on 25.YpVShorts Ragulon a Long 0 12N. Main. logon ,v L MEN'S SUITS 20 ALL dj v Swaatars mw 30 Vi Off JANUARY CLEARANCE . . . ataBtMMOi MM. O WINTER COATS Rtductd 10 of 73 Turtltntck Oxfords 20 c VNAL r '4, S 1 J Off JANUARY CLEARANCE . . . m 30 z |