Flooding Closes Streets As Ohio River Rises In Cincinnati
The muddy Ohio River flood crest nears Cincinnati with 61.2 feet expected by noon. One man, Tren ton Horton Jr., 27, died in a flooded warehouse elevator incident. Upstream evacuations exceed 3,800 across Ohio, West Virginia and Kentucky as water encroaches riverfront areas and neighborhoods.
MENTIONED IN THIS ARTICLE
United Press
Ohio
Cincinnati
West Virginia
Kentucky
Red Cross
Trenton Horton Jr
North Shore Business District
Second St
Coney Island
River Downs Race Track
Chesapeake & Ohio
Dayton
Silver Grove
Louisville
Indiana
Texas
West Gulf States
Ohio Valley
Rules on tax on home sale gains in 1954 explained
Robert L. Webb of Baytown IRS outlines when a gain from selling a personal residence is tax free under 1954 rules. If you buy and occupy a new home within a year before or after the sale and the new home's cost meets or exceeds the old home's adjusted sale price, the gain is nontaxable. excess cost or timing details affect taxable gain. Loss is not deductible. A sale, exchange, or construction linking to a new principal residence can defer or compute gains, with special military suspension and rules for partial business use. Report 1954 sales on Schedule D with Form 1040 if you sold in 1954.
MENTIONED IN THIS ARTICLE
Robert L. Webb
Baytown Internal Revenue Office
Pahoa Town Threatened By Volcano
In Pahoa Hawaii rumbling earthquakes shook the Kilauea area renewing fears of eruption. Evacuation plans were readied as 1,500 residents faced possible displacement while officials logged lava flows that damaged 2,000 acres of sugar cane and swept homes and crops in a seven day volcanic event.
MENTIONED IN THIS ARTICLE
Pahoa
Hawaii
Kilauea
Gordon MacDonald
MacDonald
Puukii
Hatoyama urges two Chinas Formosa solution in interview
Tokyo chief Ichiro Hatoyama calls for a two Chinas framework to ease Formosa tensions and bridge East and West. He says the policy seeks peace without true neutralism and would allow U S base use if war occurred, while urging a negotiated cease-fire to stabilize the split China situation. The remarks follow his election victory and outline a path toward easing Cold War divisions.
MENTIONED IN THIS ARTICLE
Rutherford
Tokyo
Ichiro Hatoyama
Formosa
Japan
United Press
Hatoyama
New Democratic Party
Formosa Strait
Red China
U.S
Fire and Explosions Kill Dozens Nationwide
A string of disasters Wednesday and Thursday left at least 24 people dead across the United States. In California, police questioned Malcolm R. Schlette regarding a fatal blaze at a mansion known as The Lodge, where eight tenants perished and nine were injured. An explosion on a 26 inch gas line near Chesterton Indiana killed several construction workers and a safety engineer, with another crew member dying later. Portland Oregon saw five die in a fire, while a Holly Springs Mississippi fire claimed three children and their elders. Driven by these incidents, the nation faced ongoing investigations and emergency responses.
MENTIONED IN THIS ARTICLE
United Press
San Rafael
Calif
Malcolm R. Schlette
Chesterton
Ind
Wisconsin - Michigan Pipeline Co
Portland
Ore
Holly Springs
Miss
Houston Men Moves To Ban Objectional Recordings
Houston's juvenile crime commission moved to ban playing of objectionable recordings that may be heard by juveniles over local radio. The meeting with five stations discussed creating a list of up to 100 titles, including some hit tunes deemed suggestive, with intent to curb juvenile exposure.
MENTIONED IN THIS ARTICLE
Houston Men
Houston
Juvenile Delinquency and Crime Commission
TI. Obshan
Olshan
Lst
H. A. Bullock
Commission
KUNZ
KPRC
KTHT
KTRH
KUHF
Eisenhower Health Education Welfare Push Outlined
Houston report from the Garden Clubs of America awards dinner cites Mrs. Hobby calling President Eisenhower's plan a partnership between federal, state, and local governments. She notes urgent needs for more classrooms and costlier medical care, with proposed actions to fund 7 billion dollars over three years to build 200000 classrooms for six million children.
MENTIONED IN THIS ARTICLE
Houston
Oveta Culr Hobby
Eisenhower
The
Garden Clubs of America
Hobby
Crosby's Young Son Joins Radio Show
Hollywood gossip notes that Bing Crosby's young son joins the Tennessee Brainle Show cast next week under an exclusive radio contract with Columbia Broadcasting System and will also make television guest appearances with the same network.
MENTIONED IN THIS ARTICLE
Hollywood
Gary Crosby
Bing
Groaner
Columbia Broadcasting System
Also Mentioned on This Page
New England
Great Lakes
Sault Ste. Marie
Mich
Internal Revenue
Solar System
Earth
Jupiter
Saturn
Uranus
Neptune
United States
Colleen Miller
California
Ted Briskin
Chicago
U.S. Air Force
Washington National Zoo
Air Force Medical Service
Crosby
Sun
Lark
Hardware Department OF
Home Lumber CQ. OF
Baytown
Texas Ave
Dial
America
Payal
Gulf Coast Motor CO
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