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Publication: European Stars and Stripes Friday, September 22, 1978

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   European Stars And Stripes (Newspaper) - September 22, 1978, Darmstadt, Hesse                                Friday september 22, 1978 the stars and stripes Page 5 take Stock in gambling beware Washington a stocks in gambling casinos sound like sure things but brokers and regulators Are warning investors that even casinos can have a run of bad Luck and fail. After one gambling Casino was opened in Atlantic City n.j., this year dozens of companies announced they would build casinos or were considering building them. Opening a Casino does not automatically mean a company will get Rich says Harold Vogel vice president of the brokerage firm of Merrill Lynch Pierce Fenner Smith. Casinos can run into a string of bad Luck he said in an interview. Even casinos in Nevada have been known to  gambling related stocks have been the hottest issues in the past two months often soaring while the rest of the Market was moving Down. Resorts International opened the first Casino in Atlantic City. And one of its classes of Stock had sold for As Low As $18 earlier this year. On one Day last week the Stock sold for $325 before fall ing Back to $275 at the end of the Trad ing. During the last few Days the Stock has declined further. On tuesday for example it dropped $24, to $225, Down $100 from its Peak of a week ago. Other stocks have jumped on com ments that a company was thinking about opening a Casino. Little old ladies and grandmothers have tried to place big orders with us based on rumours they have heard said Charles Jensen analyst for Merkin & co another brokerage firm. We have refused to take these  it is possible to buy a gambling Stock through the company but we make absolutely sure they Are aware of the risks he said. Most dealers agree there is a big Bubble that could burst he said. It is taking away from other  Jensen says the Stock exchanges should have moved More rapidly to tighten Cash requirements for gambling stocks. Many stockholders can put up As Little As 50 percent Cash for most stocks but the american Stock Exchange set a 75 percent Cash requirement for Gam bling stocks this month. And since Fri Day it has required 100 percent Cash for resorts International Stock. While there is a place in the Market for legitimate speculation it is extremely important to recognize the Dan Gers involved and to undertake Only those risks that Are fully understood and can be afforded the Exchange warned. On aug. 25, the securities and Exchange commission suspended trading in three stocks until the companies Dis closed More about their Casino intentions. Sec officials say the stockholder s Best Protection is to scrutinize a company that wants a Casino. Look at the financial statements the operating history and look at its prospects for engaging in a Casino or related business said an Sec official. Betty Ford writes in her autobiography Nixon Pardon Cost Ford election from press dispatches new York Betty Ford believes that her husband s Pardon of Richard Nixon for Nixon s role in watergate Cost Ford the presidential election in 1976 to Jimmy Carter. Or. Ford agrees Ford said. The Public did t buy it said Ford. Jerry s popularity plummeted almost  Ford who became first lady with the Nixon resignation aug. 9,1974, expressed her views in her autobiography the times of my life which ladies Home journal is condensing in its october and november editions. Jerry s administration had begun with a flood of Good will and Good wishes Betty Ford writes. Then on september 8, 1974, less than one month after he became president he pardoned Richard Nixon. Process complicated in the end wrote Hugh Sidey in por trait of a president although the process of Pardon was complicated it rested upon the single conviction of a Plain person that the nation needed to put watergate behind it and that a sick and burdened Man needed now to be left alone it was the Plain truth but the Public did t buy it she said. Jerry s popularity plummeted almost overnight. He was not resentful. I think it was the right thing to do he said then and he s never changed his mind though we both believe the Pardon More than anything else Cost him the 1976 election. I Felt bad for my husband but we both knew we had to keep on going. I plunged into my work at the White  she said that when vice president Spiro Agnew quit and Nixon selected Ford to step up i was scared to death. If i had known what was coming i probably would have sat right Down and  the 60-year-old Ford in the first of two condensations reaches widely through her experiences from her Early desire to be a dancer to her meeting with and marriage to Ford her problems with alcohol and eventually the cancer that would involve a Mastectomy. She even touches on rumours that Gerald Ford had a roving Eye. There was the Case of Singer Vicki Carr who clicked with my husband at a state dinner for Austria s Chancellor Bruno Kreisky. Carr had been recruited hurriedly to be part of the dinner s entertainment. I Don t know How Chancellor Kreisky Felt about Vicki Carr writes Ford but she clicked with my husband. I m not saying i m jealous. I m just saying that the next time i went into the West Wing and found a Large picture of Vicki in her beguiling dress hanging there i kidding by turned her to the  drinking problem on drinking Ford writes ". The Lone Liness the being left to yourself at night is what makes marriages crack makes liquor More More attractive. During the time when Jerry was gone so much i devel oped a problem and i quit drinking entirely for a couple of years. I have now quit drinking again Ford also writes that while her father was vice president Susan Ford at one Point was suddenly put under heavy secret service guard because she apparently had been selected As a target by the same terrorist group that kidnapped Patty Hearst. She writes that at first Only her husband was covered around the clock by the secret service. One Friday she says the secret service telephoned and told her Don t let Susan out this weekend she s not to leave the  by monday Ford continues secret service Protection had been arranged for Susan Ford her and i was told what had happened. A Small fanatic group called the sym ionese liberation army Sla had threatened Susan s life. I was very frightened. The authorities had turned up an Sla list with three names on it. One of the people a College professor had already been shot and killed the second person was Patty Hearst who d been kidnapped. And Susan because she was the daughter of the new vice presi Dent was the  Hearst daughter of newspaper publisher Randolph Hearst is serving a prison term for taking part in an Sla staged Bank robbery. Ford writes that secret service Protection drove Susan wild and was a bother to officials of her school Holton arms but i have to admit i was  2 More la. Cholera cases suspected Baton Rouge la. A two More suspected cases of epidemic cholera were reported wednesday in Vermilion Parish where cholera bacteria has now been found in the raw sewage of two cities state officials said. Epidemic cholera is a form of the Dis ease which can be communicated from one person to another. The other Strain known simply As cholera is non Cantagi Ous. Nine Days ago epidemic cholera was confirmed in a 44-year-old Abbeville Man who recovered. State officials said it was believed to be Only the third Case of the epidemic Strain of the often fatal disease in the . In the last 10 years. One of the new suspected victims was another Abbeville resident and the other was a resident of Kaplan near Abbeville in South Central Louisiana. Both patients were said to be recovering. Authorities said raw sewage in both Cit ies contained cholera bacteria. Or. William Cherry Secretary of the state department of health and human resources said the drinking water in the two cities was Safe. He said a team of eight state investigators and two from the Federal Center Tor disease control in Atlanta had intensified their investigation to find the source of the bacteria. Cherry said the two suspected cases were not confirmed because the state was awaiting results of samples taken from the victims and sent to the National Center for disease control. However he said the two persons whose names were withheld had the Clini Cal symptoms of cholera and preliminary Laboratory findings pointed to cholera. Cherry said anyone in the area who developed severe diarrhoeal illness should Contact a doctor immediately. Major symptoms include diarrhoea vomiting col lapse and muscle cramps. Cholera is a painful Gastro intestinal disease found mainly in the tropics where sanitation is poor and drinking water and food easily become contaminated. Maps charged in robbery at it. Hamilton new York a two members of the military police unit at it. Hamilton have been freed on their own recognizance after being charged with plotting to strip a Bank at the base of its defences. A Branch of Community National Bank at the Brooklyn base was held up by three men last june 13 and robbed of $69,000. Spec 4 Vincent g. Rodgers and spec 4 William j. Bradley jr., both of the 563rd military police co., were arraigned on charges that they conspired with the hold up gang to turn off the surveillance Camer As and alarms at the Bank. Bradley 23, is a military policeman and lives on the base. Rogers 21, is a clerk typist in the my unit and lives in Flushing . Their arrest by the Fri monday brought to eight the number of suspects taken into custody since aug. 1 in connection with the it. Hamilton robbery. That robbery authorities say was part of the operations of a Large scale Bank Rob Bery ring 15 of whose members have been arrested in the past year for various Bank jobs the ring is believed to have pulled including 23 heists in Brooklyn and Queens that yielded $300,000. None of the loot has been recovered the Fri said. Among the other six arrested previously in the it. Hamilton robbery was another my Stanley Harris now assigned to it. Gordon a. Of time sept. 22, 1948 a drop in employment and individual incomes from the record highs of summer was reported by the com Merce department. A Slack in farm operations was listed As cause for the decrease. Sept. 22, 1958 the lebanese govern ment clamped a rigid around the clock curfew on Beirut in the face of mounting tension and the danger of new fighting be fore Lebanon installs Gen. Fuad Shehab As its new president. Sept. 22, 1968 the . May decide soon to sell Israel 50 f-4 supersonic Phan Tom jets unless unexpected Progress is made toward a Middle East settlement or an arms agreement with Moscow  
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