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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Apr 01, 1976

Page

6

Real estate syndicate bait and convertible debentures questions

Investor questions about a real estate syndicate sale at 500 each with 45 000 total and a broker switch to an added broker for 3 500. Advice warns against mis sale and illiquidity. recommends potential legal help and skepticism toward the venture. Also explains convertible debentures rights and conversion value, advising to wait if conversion stock is underpriced versus the bond and noting inflation protection. Finally covers capital gains on farm sale and using capital losses on garbage stocks to reduce taxes.

Judge Orders Probe of Customs Bureau Officials

US District Judge William Bryant ordered the Civil Service Commission to probe customs officials who allegedly withheld a report from Norman Holly under FOI law. Holly, an AID economist, claims mistreatment by Seattle agents in 1974 after returning from Korea. The judge called the act illegal and dilatory and seeks possible disciplinary action.

Washington Civil Service Commission Bureau of Customs William Bryant Agency For International Development Norman Holly Seattle Customs Customs Holly Bryant

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