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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 09, 1976
Page
2
The Chicago Board Options Exchange outlines how profits and losses from options should be taxed in 1975. It covers four example trades including selling calls against stock, stock being called away, buying and selling options, and exercising options. It also notes possible legislative changes and contrasts with treasury securities questions.
Hollywood UPI reports Alain Patrick has been added to Paramount Pictures upcoming Drum. The production stars Warren Oates and Ken Norton in a project to be released soon, with Patrick joining the principal cast.
The National Cancer Institute reports Kepone causes liver cancer in lab mice and rats after an 80 week study. The finding suggests possible carcinogenic risk to humans though uncertainty remains. The Life Sciences Products Co. plant in Hopewell, Virginia was shut down and Kepone banned.
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