Colleges Ponder Use Of Capital Gains
LeROY POPE reports that as colleges face rising operating costs, administrators weigh using capital gains from endowments. Endowments hold 40 to 80 percent in common stocks, so gains from growth are often non taxable for universities, complicating decisions on fund use.
MENTIONED IN THIS ARTICLE
New York
UPI
Yale
University of Rochester
Xerox Corp
John W. Bristol & Co
Princeton
Amherst
Colorado College
Howard University
Boston
Ford Foundation
University of Chicago
William Benton
Sears Roebuck
Benton
Trial Program Set for Boston Credit Initiative
Boston was chosen as the pilot city for a new ghetto credit program named Operation Credit Worthy aimed at boosting urban poor purchasing power. The plan, unveiled by credit union officials and civic leaders, would extend retail credit to low income credit unions in urban areas and possibly roll out to other cities if successful.
MENTIONED IN THIS ARTICLE
Boston
UPD
International Credit Union
Theodore M. Berry
Office of Economic Opportunity
OEO
Kevin H. White
Democrats Confident They’ll Control the House in January
Washington reports Democrats in the House project continued control in January despite the presidential race outcome. A recent Harris poll shows 49 percent favor Democrats for Congress, 41 percent for Republicans, with 10 percent undecided. GOP leaders say they could gain up to 40 seats, but Democrats cite past losses and ticket splitting.
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Washington
Capitol
Richard M. Nixon
Congress
House
GOP
Dwight D
Eisenhower
Senate
Republican Party
Rutherford B. Hayes
Harris
Nixon
Gerald R. Ford
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Putnam Memorial Hospital
Marie Marcoux
O’neil
Vivian Cross
Rock of Ages
Barre Guild
Harold W.humphrey
Beech St
Bennington
DIAL
Temple Bros., Inc
Rutland, VT
Bennington Lanes
Western Mass
Automotive Agencies
Toyota
Spike’s
Call
Thurber’s
Pleasant St. & N
Benn, Rd
Bennington County
Karl’s
Hunt & Depot
Benning
Abul (Ck
Hevrolet Cadillac Inc
Manchester Ctr
Imperial
Barracuda
Williams & Bugbee, Inc
Walter L. Barber, Inc
Sales
North
Bennington Rd
Bennington, Vermont
Berkshire Sports Car, Inc
M.G
North Adams
Mass
Supreme Motor Mart
Rere
Falcon
Dave
Harrington
Monument Motors
Volkswagen
Main St
Vermont
Frida
Loca
Ates
Bennington Banner
Fair Labor Standards Act
FLSA
U.S. Department of Labor
John Fitzgerald Kennedy Federal Building
Government Center
Massachusetts
Mercedes
OLDS
Delta
DODGE
FORD
Main St. Benn., Vt
Bennington Roofing CO
Hillside Street
North St
Saab
Wilmington Auto Sales
Hurley Bros
Johnson Oil CO
Albert Krawczyk
Doug Gerity
Rupert Young
Professional Services
Milton Mackey
Ben Ranzona
Yellow Cab
N. Benn
Stanley Goodhue
Frost's
U.S
Sudikoff
A.L.A
Main Street
Rutland
H.T. Cushman Mfg. Corp
North Bennington
MR. Patton
Globe Union Inc
Bennington, VT
Steve Canyon
Charlie Brown
By Charles M. Schultz
Agon
Impala Conv
Mai
St. Bennington
Wym
Franklin
Beethoven
Milton Caniff
Johnny Hart
Brondie
Elmo
MR. Bumstead
Heart of
Juliet Jones
Bu Ckie Young
By Sian Diake