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Cedar Rapids Gazette Newspaper Archive: January 29, 1974 - Page 10

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Publication: Cedar Rapids Gazette

Location: Cedar Rapids, Iowa

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   Cedar Rapids Gazette (Newspaper) - January 29, 1974, Cedar Rapids, Iowa                                The Cedar Kapids Gazette: Tucs.. Jan. 29, 1971 Television Today By Les Brown Radical Financial Plan for PBS NEW YORK (NYT) The Ford Foundation has dis- closed that it will withdraw its support of public televi- sion broadcasting over the next few years. It has been one of the non-commercial system's chief benefactors for more than two decades. The withdrawal has prompt- ed the public television in- dustry to adopt a radical new networking plan, under which the individual stations would pay for the production of na- tional programs and, to a large extent, would determine which shows would be pro- duced. David M. Davis, program officer in charge of public broadcasting for the Ford Foundation, said the organiza- has given more than million to public broadcasting since decided upon an "orderly withdrawal" over the next four or five years because it believes the time has come for the industry to stand on its own feet. For. sevcraj weeks, staff members of the foundation have been drawing up a schedule of terminal grants to public television stations and production centers, which, sources estimate, will amount to million over a period of several years. At an annual meeting of the industry in Washington, public television station operators voted overwhelmingly to es- tablish a "marketplace coop- erative" which, in effect, would create a national pro- gram schedule by democratic process. The radical aspect of the plan .is that most of the na- tional funds for public televi- sion will be distributed to the local stations rather than to a central programming source. All excess funds from any increased congressional ap- as the million that had been added this be distrib- uted proportionally among the 220 stations in the system. Those funds, along with th Ford Foundation's tormina grants, would give the station buying power for the kinds o national programs each sires, since they would pro vide the essential financia backing for national produc lions. John Jay Iseliu, president o WNET, Channel 13 in Nev York, stated that the industrj is entering a new era in whicl "our old welfare mentality being replaced by a market place mentality, a new cycii of buying and selling among ourselves." Iselin said the new coopera live plan afforded the station manager a number of options with regard to nighttime pro grams. He may pay a pro-ra- ta sum to receive a national program at night over the public broadcasting system he may keep the extra funds he receives to produce local programs, or he may invest with a few other stations to buy regionally certain pro- grams that would not be of- fered nationally. Such, station, consortiums have actually been operating for years. On numerous oc- casions, several of the larger stations in the East have pro- duced or purchased programs that the Public Broadcasting Service would not send out na- tionally for reason of their controversial or sophisticated content. The Bruce Jay Friedman play, with its scenes of nudity and its street- flavored dialog, was one ex- ample, the British production of "Nana" another. Under the new arrange- ment, the Public Broadcasting System would become mere- ly a distribution mechanism, rather than a network that de- t e r m i n e d which programs would be produced and of- fered for national air-play. Television Listings Waterloo 9-KCRG-TV, Cedar Rapids 2-WMT-TV, Cedar Rapids OHumwa 4-WHBF-TV, Rock Island 6-WOC-TV, Davenport 8-WKBT, La Crosse 10-KROC-TV, Rochester I2-KIIN-tV, lowaCify 13-WHO-TV, Des Moinei 40-KDUB, Dubuaue Tuesday Night 7-News, Weather, Spts. Wild West News Weather, Spts. 6_6 O'Clock Edition Relations Weather, Spts. Music Quiz Tell Truth Goldsboro Goldsboro 10-Ozzle's Girls 12-AudubonWIIdlite Make a Deal Bowl 7-Adam 12 9-Happy Days Days Crunch 13-Adom-12 Oavs Movie 9-ABC Tuesday "Girl Who Come Gift Wrapped" Five-O Tuesday "Girl Who Cme Gift Wrapped" 4-Hawaii Five-O 6-Mystery Movie Five-O Movie Movie Tuesday "Girl Who Come Gilt Wrapped" 12-Evenlngot PODS 2-Shaft Story Welbv Welby Slorv Story Slorv 40-Marcus Welby Weather, Sots. News News 3-newsbeat Weather, Spts. O'Clock Edition Sots., weather Weather, Spts. ol Night Weather, ipts, Newsline World of Entertainment 2-CBS Movle- "Devll's Eight" 3-Wlde World of Entertainment Wild West 6-Tonfght "Devil's Eight" Boyi 40-Wfde Wsorld of Entertainment 4-ttawhlde Connection Word Music Wednesday Morning Semester Ted Armstrong Semester Ted Armstrong 2-CBS News News News Room Family Zoo Revue Kangaroo Street Kangaroo Kangaroo Place Douglas Wild 4-Jnker's Wild Place Wild 10-DInah's Place Street Place Pyramid Brothers Pyramid Pyramid of Odds My Children Gourmet ambit of Odds lo-wiiord or odds School ol Odds for Women Only Squares Bunch of Life Bunch 4-Loveof Life Squares 8-LoveolLile Squares Sauarei Bunch -Jackpot -Password and Restless -Younoand Restless ond Restless 30 -Battle Second -Split Second -Baffle 13-Balfle 40-Spllt Second Wednesday Afternoon 7-News News 2-Hews, Weather 3-News Von Dyke Edition 10-News 12-in School 13-News 40-AII My Children and Country 10-Vlralnla 13-Curtoons on a Match Moke a Deal 2-As the World Turns 3-As the World Turns the World Turns on a Match the World Turns an a Match Company Make a Deal of Lives Game 2-GoIdIna Light Game 4-GuidIng Light of Lives Light of Lives School Gome In My Life 2-Edge of Nigh! 3-Girl In My Life of Night 8-Edge of Night dO-Girl In My Life World Hospital 2-Price Is Right Hospital 4-Price Is Right 6-Another World B-Price Is Right 10-Another World World Hospital To Survive a Marriage 9-One Life to Live Game Life to Live Game 6-How To Survive a Gon To Sui Marriage Marriage 40-One Life to They'll Do It Every Time To HEAR AUNT MA6IIUA, SHE NEEPS MUCH 6TROM6ER SPECS SEE- rue CAR WITH THE PLATES-HE'S GOT A WART ON HIS HOSE- HE COMES TO VISIT THE WIDOW WHO LIVES ON THE THIRP FLOOR THANK M30, PlMOLA BUT MY EYES AREN'T UP TO REAPING THESE DAYS-THATI5A BOOK.ISN'T IT? DO HOWOM SHE 5EE5 THAT GOES ON ALL OVER THE NEIGHBOR- HOOD1? WILKINSON BOX CORONAOO CALIF. The Investor's Guide !v Sam Shulsky list some treasury nds which are selling at dis- ount but are redeemable at par or the purpose of paying feder- ii estate taxes. has. been, an in- rease in reader interest in lese issues (referred to as flower" bonds) which do enjoy unique advantage for those oncerned with payment of fed ral estate taxes. There are roughly a dozen ol lese treasury bonds still out- landing. (The governmenl ;opped issuing these obliga- sons as of March 1, 1971.) These bonds, in registered or oupon form, may be redeemed t fact value plus accrued in- erest for the purpose of apply- ng the proceeds to the payment federal estate taxes. Conditions under which these onds are acceptable for this pecific purpose are set forth in easury department circular o. 300. Generally, these condi- ons require that the bonds ust- have been owned by the ecedent at the time of his eath and thereupon constitute part of his estate. Some of the more distant ma- rities sell as low as 75 percent their par amount, indicating bstantial savings in actual es- te tax payments. Among the treasury bonds ac- Sam Shulslcy a -vlve a Live American Stvlt storm 3-Love. American Slvll 4-MIke Douolas B-Secret Storm American StvU 7-Whars My Line? 9-GHIioan's Island Max 3-AII My Children B Bewitched 10-Not tor Women Only Way 40-Movle 7-Stor Trek tor Women Only 4-Bla Valley 8-Stor Trek 12-Mlstcrogers 13-Wlerv Grllfin 2-Bewltctied Moke a Deal 6-Mcrv Grllllfl 10-Bonoruo Street 9-ABC News Newslealures 4-Glllloan's Island 8-Conscquences 40-ABC News 7-NBC 9-Evewltness News 7-CBS Hews 3-ABC HOWS 4-CBS Hews 6-HBC Mewl 6-CBSHews 10-HBC Hews Company 13-HBC News 40-Newsllne Networks To Air Demos' Reply to Nixon Address NEW YORK (AP) The CBS, BC and ABC television net- orks say they will provide one 'iir of air time Friday night r the Democratic party re- onse to President Nixon's heduled Wednesday night ate of the Union speech to ngress. The networks announced Mon- ly that during the program n. Mike Mansfield e senate majority leader, ould read a prepared state- ent and then be questioned by wsmen invited by the Demo- atic national committee. Friday's program, to be oadcast live beginning at 9 m. CDT, will include sum- aries and analyses by news- en for each network, accord- to network officials. Nixon's State of the Union message is to be televised live by CBS, NBC and ABC at 8 p.m. CDT Wednesday. ceptable at par in payment o: estate taxes are: 3Vjs of 1983, 3s of 1995, of November 1974 of 1990, of 1985, 4s of 1980, of 1985, 1980, 4V4s of 1992, 4s of 1993, of 1994, 1974. If you are interested, discuss them with your bond broker. wife and I are retiree and intend to start cashing in some "E" bonds. What percent- age tax do we have to pay on the gain? And to whom? gain on "E" bonds is treated by the federal govern- ment as ordinary income, and you pay income tax on it just as you would on salary the actu- al rate of tax depends therefore on your income, number of de- pendents, deductions, etc. rates rise, bonds which are committed to pay a fixed rate go down in price. When money rates fall bonds will tend to rise. hold stocks on which I have substantial taxable gains. I'd like to conserve my assets for my children and grand- children. income, from these stocks is generous do nothing. If you need more come, spread the selling over a couple of years, so as to keep taxable gain down in any one year, and reinvest for income. If you are in a position to make gifts of these appreciated se- curities to your children and grandchildren now, do so, and let them worry about the ul- timate tax. Mr. Shulsky welcomes written ques- tions, but he will be able to provide an- swers only through the column. For infor- mation on annuities, please include a self- addressed, stamped envelope. Address your requests to Sam Shuisky, care ot If the amount !arge you should involved is spread the redemption of the bonds over a :ew years, so as to keep down .he amount of taxable income in any one year. E bond interest is subject only :o federal income taxes. It is ex- empt from state and local in- come taxes. noticed a 5-point drop n a tax-exempt bond this year. How do you explain it? bonds, even high-grade credits, are affected by the money market. When interest TruckBill Reported to Senate Floor DBS MO INKS (AP) Overlcngth trucks would be le- galized in border cities under a bill reported to the Iowa senate Monday by its cities and towns committee. The bill, one of Robert Kay's 44 legislative proposals, would allow the trucks to operate as they had for the last 25 years under "open cities" concept. The Iowa highway commis- sion currently is under a cour injunction lo allow trucks up to feet long and twin trailet trucks up to 65 feet to enter border cities to load and unload. Iowa law now limits single- trailer trucks to 55 feet in length and twin trailer trucks to 60 feel. A bill to increase the length of all trucks by five feet on four lane highways wiis passed by the Iowa house last session and is now being stud- ied by 'the Iowa senate state government committee. Ray, however, had indicatec le opposes that measure. The Sioux City Stockyards has complained it would lose mil- ions of dollars in livestock sales annually if longer trucks from Nebraska and South Dakota are jarred from Sioux City. The bill originally would have allowed the trucks to operate under the neighboring state's veight limitations as well, but hat provision was struck tinder an amendment by Sen. Earl Villits (D-Des The measure now goes to the senate calendar-and will be eli- gible for debate next week. Why take our word that want ads work? Try one yourself. Call 398-8234. U.S. Has First Trading In Thrc Years WASHINGTON (AP) The United Slates finished 1973 with a surplus in its foreign trade of billion, the first trade surplus in three years, the gov- ernment reported Monday. The surplus was buoyed by a record monthly trade surplus of million in December. Exports shot to record high le- vels during the month while inports declined substantially, jxcept for oil. The commerce department said U.S. exports for all of 1973 lolulcd hllllon, aJ4 percent increase over while Imports totaled 169 bll- UOLI, up only 24 percent ever 1972. The department report added Dial the tolal trade surplus for (he year was com- pared with U'ailo deficit of billion in 1972 and a deficit of billion in 1971. The main factor contributing to the big turnaround in the country's trade, government economists said, was two de- valutions of the U.S. dollar, which made U.S. goods cheaper overseas and foreign goods more expensive in this country. The devaluations occurred in December l'J7l and February GAZETTE TELEPHONE NUMBERS For Newt, Sports, Bookkeeping, General Infor malion'ond Offices Not listed Below Cittulation-Subitfiplion Dipt.......396-8333 Hon. thru Sal. 8 o.m. lo 7 p.m. Sundays Until 12 Noon Holidays 11 o.m. to 7 p.m. Want Adi........................398-8234 Man. thru Fii. 8a.m. to S p.m. Saturday until 12 Noon Display 398-8222 8 o.m. to 5 p.m. Marion Office ....................398-8430 COLLEGE BASKETBALL Bob Brooks Reports ROCKFORD atCOE Brought lo you by KCRG Sports Booster Club Members Warm-Up, Half-Time, and Wrap-Up Brought to you by Steitzer Lincoln-Mercury PM Tuesday RADI01600 FREE PRESCRIPTION DELIVERY Every day except Sun- day we're happy to pro- vide you with this extra little service. It doesn't make us money, just friends. pharmacies 7 CONVENIENT LOCATIONS THE QUIZ woridseope (10 pointt lor aach qunKon correctly) 1 Under the terms of the Israeli-Egyptian troop disengagement agreement, Israel withdraw its forces to a tine 14-to 20 miles east a-the Suez Canal b-the Golan Heights c-Cairo 2 The second session of the 93rd Congress convened with (CHOOSE ONE: Republi- cans, Democrats) controlling both the House and Senate. 3 The Supreme Court ruled it was uncon- stitutional for school boards to set arbi- trary limes when women teachers must give up their jobs during pregnancy. True or False? 4 The government announced that overall living costs rose 8.8 per cent during 1973, the steepest yearly increase since a-1947 b-I953 c-1966 5 Prices rose faster than income Ir.r th' third month in a row during newsname (10 point! tf jw cm idintify tflll In lha I called the disenRaRe ment pact signed by Israel and my country a "lurning point in history." Now I am to get Syria to negotiate, too. I am President of Egypt Who am I? mofchwords (4 polni. lor nch cornel milch) .1.....constituent i peace ollicer b'diplomat c person whom an olectfifl official represents d private meeting attorney (ttrfcar SajniiH fcrttr I THE WEEKLY QUIZ IS PART OF THIS NEWSPAPER'S SCHOOL PROGRAM newspicture (10 pointi if you thlt qmitlon This Russian novelist, shown with his sons, said the Soviet press was reacting with "bestial fear" to exposures of Stalinist prison crimes in hi? hoot'. "The Gulag Archipataijo." is his narr' sportlight 2.....COliniel 3.....constable 5.....conclave (2 potntt for uch qutillon iniwtrtd comclly) 1 Mickey Mantle and Ford, named together to the- Baseball Hall of Fame, were teammates for the a'Pit is burgh Pirates h'Cincinnati Reels c-New York 2 Afler wmnmR record R8 basketball games in a row, UCLA was handed o 71-70 defeat by a Hfitre Dame t) Marque He C 3 UIR .steeplechase is an event in both track and horse facing. True or False? 4 In the Pro Bowl gamn, all tne points lor the winning American Football Conference came on field goals by (CHOOSE ONE: Garo Yepremian, Jim 5 The" Virginia Slims.tournament that opened the profei- sional tennis, season for women was won hy (CHOOSE ONE: Chris Evert, Gillie Jean roundtable Ftmlly dluitnlon (no icort) llo-w do you Ihink tho situation will architec- ture in thfl future? YOUR SCORE: 91 lo 100 polnlt TOP SCORtl II In M point. E.c.ll.nl. 71 lo 10 point! Oood. II lo 70 polnlt Tilt, __________ 12H-74 VEC, Inc.. Midlion. Wliconiln ANSWERS ON REVERSE PAGE Tonight, one great show after another! Evening News with Howard K. Smith and Harry Reasoner Spirited commentary and penetrating analysis1 an unbeatable combination for news! Eyewitness News This one's about you! Anchored by seasoned newscaster Larry Hightchew, it focuses in on all the events affecting Eastern lowans! Wild Wild West Agent West's bizarre behavior convinces his co- horts that he too, has become the victim of the Raven's diabolical scheme! Happy Days Richie Cunningham's first bachelor party has on exciting climax the dancer out of the cake drives him home! PREMIERE "Girl Who Came Gift-Wrapped" Tuesday Movie of Week Karen Valentine stars as perfect gift for man who has everything! Marcus Welby, M.D. A young man whose job depends on voice is plunged into hopelessness when he faces loss of larynx. Robert Young stars. Eyewitness Hews Anchorman lorry Highlchew, Sports Director Bob Brooks ond Meterologist Wayne Winston, you couldn't osk for o belter combination! "Prowler in the Heart" Wide World Mystery A mystery writer, mnrriod to younger man, is forced to use creative cunning to keep him from murder charge.   

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