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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

Dec 08, 1969

Page

9

Tax credit question on bond interest accrual

Investor asks how to handle tax credit for interest paid to bond seller when buying bonds with accrued interest. Explanation uses example of a $1,000 bond bought midyear at 95, with $29 accrued interest and $35 semiannual interest due, showing to report $6 as interest and note $29 payment to previous owner.

Um Shulsky Internal Revenue Service IRS

Bridge experts discuss roving specialists in play strategy

In Cromarty Scotland AP report John MacDonald paints his cows with reflective spots to protect wandering cattle on dark mornings. A separate bridge discussion notes South misplays a four spade contract as players debate opening leads and trump management to avoid downing contracts.

Oswald Him South Jim East West King of Hearts Trump Cromarty Scotland John MacDonald MacDonald

Evening of Plays Set in McVille

The Black Mask Community Theater of Mechanicsville hosts an informal evening of two one act plays at The Den in Mechanicsville Sunday Dec 14 at 8 p.m. Admission is free. The Sandbox by Edward Atbee and Mannequin's Demise by David Wolf Budbill suit younger audiences and a post show discussion with cast and director follows.

Mechanicsville Black Mask Community Theater of Den Edward Atbee David Wolf Budbill Black Mask Community Theater

Fire blamed on youngsters playing with matches

Firefighters responded to a minor blaze blamed on youths who were reportedly playing with matches. The incident damaged external siding of property including bonds and assets valued in the thousands. Officials noted no major structural damage as fire was contained quickly.

Harold Kane Cincinnati Owen Street Consolidated Natural Gas Merrill Lynch Pierce Fenner

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