Newspaper Page Text
— Griffin Daily News Friday, November 22, 1974
Page 10
The inflation fighter
The energy-wise cook
Thaw frozen foods at room temperature before cooking if
you can. Putting a frozen roast directly into the oven takes
up to two-thirds more cooking time.
Avoid the temptation to peek after the food is in the oven.
Every time you open the oven door you lose about 25 degrees
of temperature and waste energy.
Oven cooking is more economical than burner cooking.
Ovens use energy only periodically since the insulation holds
in the heat. Stove tops use energy the entire time they are in
operation.
Mass transit
Have you tried mass transit? Any tips for saving energy in
a car pale in comparison with utilization of this method of
travel.
Energy consumption per passenger mile for a large bus is
50 per cent less than for a typical automobile carrying four
passengers.
Trains are also more efficient users of energy.
More saves more
Inflating tires to three or four pounds over the recom
mended tire pressure will help save energy. Underinflated
tires can waste one mile per gallon.
For safety reasons, however, there is a federal law against
inflating passenger car tires over 36 pounds.
Radial ply tires allow up to six per cent better gas mileage
because tney produce less rolling friction.
Lighten up
It may seem to be just a tiny difference, but colors do
really make a difference.
Remember that light colors reflect light while dark colors
absorb it. Use light colors on ceilings and walls to get the
most for your energy and money.
And while you’re at it, remember to keep light bulbs and
their glass or plastic fixtures clean to get the most light from
them.
Line up savings
Have you thought about trying an old-fashioned clothes
line in your home?
Using it, you can completely eliminate the use of ah auto
matic dryer.
An extra boon in winter, the clothes line will improve
humidity conditions in your home so that you won’t need an
electric humidifier.
(Have you a clever way to save energy or fight inflation? Send your
idea to The Inflation Fighter in care of this newspaper. The best ideas
will be used in future columns, and their authors will be rewarded with
a free copy of the $1.50 book "Save Money-Save Gas ")
(NEWSPAPER ENTERPRISE ASSN.)
44xrtpjcrLriJt
1
If FEA TORE:
KW COLLAR &
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ILfZ ¥ sta ' ns
ONLY \ I /
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• Collar & Cuff feature in lid helps you get out hard-to remove
grease and stain marks.
• Self Cleaning Filter Ring.
• Has Special Gentle Wash cycle for delicates.
• Three separate Wash-Spin actions.
• Automatic Soak Cycle.
• Five Water Temperature selections.
How you can K*9 customer care]
save energy . everywhere
with your
Hotpoint Washer
• Use full 18-pound capacity, when possible. One large load uses
less energy than two small.
• Use energy saving soak cycle... followed by shorter wash.
• When possible use Cold Water Wash Rinse. Much of the energy
used in washing goes to heat water.
• Select lowest of the four water levels to match your load
exactly ... saves water, detergent and energy!
Griffin Hardware
Hotpoint Sales And Senrice
West Solomon St. Griffin, Ga.
An ‘open sesame 9 for Fort Knox
Paving ‘Street’ with gold
By NEA/London Economist News Service
NEW YORK - LENS -
First National City Bank is
building a special vault at its
Park Avenue headquarters to
hold $1 billion in gold. The
Franklin mint is extending its
gold coining facilities. At
least five separate com
modity exchanges are pro
moting their expertise in
trading gold futures.
Mocatta Metals, sister
company to London’s Mocat
ta and Goldsmid, is revving
up its “Gold for America
program to sell gold bullion
through the thousands of
branches of commercial
banks. Even the New York
Stock Exchange is thinking of
trading in gold.
The gold rush of 1975 is
practically on. Americans
will be able to buy and own
gold, and trade in gold
futures, come January, 1975.
They will have an abundant
choice of investment media
and sales outlets from which
to choose.
There will be four basic
kinds of coins, plus wafers up
to one ounce, and ingots from
five to 160 troy ounces. Banks,
brokers, coin dealers, and
Fancy footwork by computers
Elusive goal of independence
By NEA/London Economist News Service
WASHINGTON - LENS -
The vast study of America’s
energy options, known as
Project Independence
Blueprint, was due to be
delivered last week to the
Energy Resources Council. It
is the council, headed by
Rogers Morton, the secretary
of the Interior, which will
make recommendations for
action to President Ford.
Conceivably the final ver
sion which goes to Morton
may differ in some respects
from the draft which the
press has got hold of, but the
differences are not expected
to be large.
Blueprint is a misleading
word. The report, which
leaned heavily on models and
computers, provides instead
of policies a tool which has
not existed before and should
prove valuable in reaching
decisions, even if some of its
assumptions prove wrong.
It developed detailed sup
ply and demand curves not
only for the country as a
whole, but for regions and for
all sources of energy; it took
into account things like the
length of time it takes to drill
an oil well and the avail
ability of skilled labor, equip
ment and transport.
Coordination of the 21 in
ter-agency task forces left a
‘I mostly want God to make grandma well’
By PHILIP M. STONE
HELSINKI (UPI) - The
world’s children are writing to
Santa Claus in record numbers
this year. Many show the
Christmas spirit by asking him
to give gifts to others.
Brian de Sales Smith of
Mechanicsburg, Pa., wrote
Santa asking for a toy, but
said, “I mostly would like God
to make grandma well again.”
Alexander Goatcher of Scar
borough, Ont., sent a Canadian
dollar and said, “Here is some
money for presents for little
children who have no mummy
or daddy.”
Many of the world’s post
offices have traditionally sent
children’s Christmas mail to
Helsinki because local legend
Loves
redwoods
SAN FRANCISCO (UPI) -
Francine A. Marconi, 25, has
become so enamored by Cali
fornia’s majestic redwood trees
that she decided she wanted to
be named after them.
Miss Marconi, a law firm
employe and a native of
Illinois, said in a Superior
Court petition that she wants
her name changed to California
Redwood Lady.
“The whole universe is
vibrations,” she said. “Names
have certain vibrations. My old
name didn’t have good vibra
tions. My new one does.”
Miss Marconi said the red
wood trees of the north coast
were beautiful and she thought,
“Redwood, oh, that’s me too.”
probably even department
stores will be in on the new
retail trade in gold.
The market has already
been blooded by the ability to
deal in gold coins. So far in
1974, $475 million in coins
have been imported into
America. In June, before the
new legislation was passed,
the 1,400 authorized dealers
in gold bullion had a stock of
4 million ounces, now worth
about SB6O million, but still
only 49 per cent of their
authorized ceiling.
Some people believe that
demand for gold in the
United States may be as
much as 15 million ounces
next year. The immediate
beneficiaries will be the
large bullion dealers, Repub
lic National Bank, Rhode Is
land Hospital Trust (a bank),
and Mocatta Metals as well
as the fabricators, Engelhard
Minerals and Chemicals,
Handy and Harman, and
Sterndent, the dental supply
company.
New gold dealerships are
being formed on Wall Street.
Merrill Lynch, Pierce, Fen
ner and Smith has joined
with Samuel Montagu and
Handy and Harman to sell
good deal to be desired and
there are some inconsisten
cies. But time was short and
almost the least of the prob
lems was that on one occa
sion the computer was struck
by lightning. Unfortunately
Morton’s view is that the
whole affair is just “a lot of
fancy footwork with com
puters”.
The study was concerned
with seeing how the United
States could meet its demand
for energy and reduce its vul
nerability to another oil em
bargo; the five-month em
bargo in 1973-74 cut gross na
tional product by over $lO
billion and a year-long em
bargo in 1985 might cut GNP
by SIBO billion.
Coal, the report says, can
never replace oil; it is too dir
ty to burn, too hard to mine
and unsuitable for many pur
poses. So President Nixon’s
idea that America could do
without oil imports
altogether is dismissed as
quite unrealistic. Even if
costs were disregarded and
domestic oil and gas reserves
were exploited ruthlessly
they would last only until
1990, while the environmen
tal and human costs would be
unacceptable.
The world price of oil is a
central factor in the calcula
tions. The study suggests that
$7 a barrel is the likeliest
says Santa lives on Korvatun
turi Mountain in Lapland, high
above the Artic Circle on the
Finnish-Soviet border.
Earlier this year, the Finnish
post office halted handling of
the letters, citing lack of
manpower. But the Tourist
Board put pressure on govern
ment officials and the post
office changed its mind.
Authorities believe a record
number of letters will be sent
to Santa this year. Last year,
more than 3,000 children wrote
to him from overseas.
Every child who writes
receives a handwritten answer
on a multi-colored page with
drawings of Santa, his helpers
and the reindeer.
The letter reads:
“I was so pleased to get your
letter and to hear that you
remember me. In the pictures
you can see how my Brownies
are busy getting ready the
presents for good girls and boys
all over the world.
“Soon I shall set off on my
travels and bring gifts to my
friends in many lands —and to
you too. With best wishes for a
happy and peaceful Christmas.
Santa Claus.”
The letters to Santa come
from North and South America,
most European countries, Aus
tralia, India, Japan, the Per
sian Gulf and South Africa.
In one childishly scrawled
REX THEATRE
Now Showing
Now Showing
Griffin’s Own
“MOON RUNNERS”
7-9 P.M. Nightly
through their own retail out
lets, banks, department
stores and jewellers. Shear
son Hayden Stone, another
large stockbroker, will be the
agent for Engelhard and Re
public National Bank.
Everything is not yet com
ing up roses for the
stockbrokers. There may be
an 8 per cent sales tax to pay
in New York, on top of the
estimated 6-8 per cent com
mission. There will be prob
lems of authenticity and
storage, especially if buyers
actually wish to take deliv
ery. The search for states
with no sales tax is on.
California may win because
of a law that exempts
monetized bullion from such
taxes.
The commodity exchanges
in New York and Chicago are
betting that the speculative
and trading public will
prefer futures. Their advan
tages over straight bullion
purchasing are the leverage
(only 10 per cent of a contract
need be put up), the avoi
dance of storage and in
surance, no threat of robbery.
As options on listed
securities have proved popu
lar to ordinary investors as
level by 1985, but its pro
jections have also been
worked out on the basis of
sll, the present price, which
is three or four times the pre
embargo level.
In the view of the authors
the present high price is
likely to cut the growth in de
mand for energy from the 4-5
per cent which characterized
the 1960 s to 2.9 per cent a
year. At $7 a barrel the
growth rate is put at 3.1 per
cent a year.
Some 250 pages of the 1,000-
page report are devoted to
restraining the demand for
energy —by requiring better
mileage from cars, control
ling lighting, encouraging
better insulation of houses
and so on, though no consid
eration is given to taxing
gasoline heavily.
This approach to shortage
would be much the best for
the environment and would
pay dividends when
America’s oil and gas pro
duction turns down.
But the report parts com
pany with the Ford Founda
tion s recent study; it does not
consider that conservation
alone will enable the United
States to thumb its nose at the
Arabs. The projections shown
in the chart reflect the com
puter’s verdict: positive gov
ernmental efforts to increase
note, Denise Bostwick of
Miami, Fla., told Santa, “I
have never gotten a letter from
you and if I had one I would
keep it always.”
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Brim is richer in Colombian beans than !
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GENERAL FOODS CORPORATION ■VJ I
well as the hedging profes
sionals, trading in gold
futures may become impor
tant. The Chicago Mercantile
Exchange’s International
Monetary Market plans to
have the sort of gold fixing
that now takes place in Lon
don. It has asked Dr. Henry
Jarecki, the chairman of
Mocatta Metals, to help
organize this: he predicts that
the safest investment will be
Mexican coins.
The bear factor is that
William Simon, Secretary of
the Treasury, is toying with
the idea of disgorging some
of the 276 million ounces in
Fort Knox worth S6O billion
at market prices — to pay off
part of the balance of pay
ments deficit, and to raise
money for government
spending.
He views the prospect of
mass gold buying with a cer
tain distaste, and told The
Economist that he might
even seek to delay the start of
gold owning. To do so he
would have to ask Congress,
which is now more hostile to
him than before, to change its
mind.
(c) 1974 The Economist of London
domestic production are
needed.
Even such a program could
not succeed if the world price
of oil fell below $6.50 a barrel
(the cost of producing oil
from the outer continental
shelf and the naval reserve in
Alaska). A combination of
conservation of energy and
government encouragement
of production would yield the
best results of all. But this is a
decision for politicians, not
computers.
For the period up to 1985
very little is expected from
the exotic sources of energy
such as solar heat, geother
mal energy and synthetic
fuels, but the authors consid
er that they will be vital after
1990 when domestic oil and
gas reserves may be nearing
exhaustion. So research into
them should be continued.
According to press stories,
shale oil also nearly found it
self put on the research shelf
—a private study suggested
that it would take so much
energy to get the oil out of the
shale that the operation
would be pointless — but out
of deference to the depart
ment of the interior, which is
bullish on shale, no trace of
such doubts was included in
the report.
(C> 1974 The Economist of London
“But even if you can’t write,
God bless you, Santa, and
thanks for making us kids
happy in this sometimes
troubled world,” Denise wrote.
Poaching picks up
in search for meat
CONCORD, N.H. (UPI) —
The struggle to make ends
meet has spread from the
supermarket into the forests of
northern New England.
Officials report an increasing
number of after-dark deer
slayers are stalking their game
equipped with bright lights,
rifles and the fresh advantage
of law enforcement agencies
weakened by inflation.
Hunting pressure on the deer
herds across Maine, New
Hampshire and Vermont has
increased, with all states
reporting increases in the legal
deer kill this season. In New
Hampshire, illegal night hunt
ing is on the rise. Yet for the
sake of economy, the annual
mileage allocation for the
state’s 48 conservation officers
has been reduced by the
financially troubled Fish and
Game Department.
Each man works a 400-
square-mile area with 18,000
miles allocated annually in
stead of the 23,000 needed,
officials say.
In Vermont, Chief Game
Warden Walter Cabell says
there have been no reported
increases in poaching, but it’s
too early to tell whether law
enforcement has been impaired
by manpower reductions
brought by inflation.
The battle to keep meat on
the table has resurrected many
an ex-hunter, New Hampshire
Fish and Game Training
PLAN YOUR BIRTHDAY PARTY AT
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23-24: The Daring Dobermans
28-29-30-31: Pippi In The South Seas
Dec. 7-8: My Side of the Mountain
Dec. 14-15: Sound of Music
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| Both Films
WAS ONLY A PRACTICE RUN.
THIS IS THE REAL THINS Held OVCYI
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Officer James Jones said
Wednesday.
“I think maybe we’re draw
ing back hunters who haven’t
hunted for a few years,” he
said.
Along with the rise in hunters
has come an increase in illegal
activity.
“There’s been an increase in
illegal kills,” Jones says.
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75c
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