Tax Free status boosts tax exempt bond fund sales
Revenue bonds benefit from tax exempt status as investors seek conservative, stable income. Tax exempt funds grew to 1.75 billion in six months, driven by higher effective yields for high tax brackets. Dealers note risk in bonds but argue tax advantages attract cautious funds, with municipalities counting on exemptions to raise needed capital.
MENTIONED IN THIS ARTICLE
New York
Frank P. Wendt
John Nuveen & Co
Wendt
Pearson Campaign War Chest Tops Kansas Senate Race
U.S. Senator James B. Pearson shows a July 26 campaign balance of 130,886 with receipts of 78,680 and expenditures of 11,411. Opponents Arch Tetzlaff and Harland House report smaller funds and draws. Conservative candidate Gene Miller lists 503 in receipts and 453 in expenditures.
MENTIONED IN THIS ARTICLE
Pearson
Secretary of State
Congress
Washington
Arch Tetzlaff
Prairie Village
State Democratic Committee
Harland Dale House of
Edson
Gene Miller
Lawrence
U.S. Senate
Tetzlaff
Russians Seek Hard Wheat. Kansas to Profit Says Expert
Kansas State University extension economist Dr. Allen Frederick says U S wheat sales to Russia likely benefit Kansas growers most since Kansas dominates hard winter wheat. He notes prices in this class may rise 20 to 25 percent, despite a 500 million bushel carryover and uncertainty about final gains. Exports could rise from 632 million to about 900 million bushels.
MENTIONED IN THIS ARTICLE
Manhattan
Kan
Allen L. Frederick
Kansas State University
U. S
Russia
Kansas
Frederick
U.S
Small Communities Seek Help Attracting Industry
Kansas and Emporia chamber leaders urge legislature to raise awareness of rural development needs. Roy Davis of the Department of Economic Development reports on statewide hearings, incentives, and budget issues. He notes more than 600 Kansas communities with only about 500 having fulltime chamber or economic development staff. Dale Stinson says smaller towns lack resources to lure industry and credits KDED as a key asset.
MENTIONED IN THIS ARTICLE
Wichita, Kan
Kansas Chamber of Commerce Executives Association
Kansas
Davis
Chamber
KDED
Chamber of Commerce
Dale Stinson
Emporia
Stinson
Kansas Department of Economic Development
Vietnam War Ends For U S Units In Da Nang Move
The last American combat troops leave Da Nang as Vietnamization shows mixed results. The article reflects on decades of U S involvement, protests, and shifting strategy, noting threats to Da Nang and continuing combat elsewhere.
MENTIONED IN THIS ARTICLE
Saigon
Vietnam
U.S
da Nang
North Vietnam
Ho Chi Minh Trail
Central Highlands
Demilitarized Zone
21St Infantry
Cu Chi
Lai Khe
Long Thanh
United States
Ia Drang Valley
Rockpile
Laos
Cambodia
Julie Nixon Eisenhower to Speak at NM A Luncheon in Kansas City
Mrs Julie Nixon Eisenhower will address a 1200 member National Medical Association women's auxiliary luncheon in Kansas City next Tuesday. She will greet the new NMA president Dr Edmund C Casey of the University of Cincinnati Medical School and attend a fashion show after the 1 PM address. The speech will emphasize her father’s concern for sickle cell anemia research and drug prevention programs.
MENTIONED IN THIS ARTICLE
White House
Eagleton Visits Hometown After Withdrawal from VP Race
In St Louis Eagleton greets about 1000 supporters at Lambert Field vowing not to rush history. He praised Missourians, thanked Dem leaders, and urged votes for McGovern in the upcoming election. Signs reading Eagleton for President and McGovern support were visible among the crowd.
MENTIONED IN THIS ARTICLE
Eagleton
ST. Louis
Thomas F. Eagleton
George McGowen
Adlai Stevenson
Tom
McGovern
Air Force Sergeant Convicted in Espionage Court Martial
Air Force Sergeant Walter T Perkins was found guilty of attempting to smuggle secret U S defense documents to Soviet agents. Judge Col Joe Peck stated Perkins acted with a willful evil mind but refused a maximum 26 year sentence, noting a possible 24 year limit and rejecting alcohol impairment claims.
MENTIONED IN THIS ARTICLE
Tyndall Air Force Base
Fla
Air Force
Walter T. Perkins
U.S
Joe Peck
Perkins
Peck
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Federick
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Kansas Association of Commerce and Industry
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Roy Davis
G.i.'s
Panther
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Felix
Pete” O'Neal Jr
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Don Horton
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Newt Cherem
Martin Roofing Co
John Martin
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Sunflower Chapter 147
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Mary Lou Kelso
Masonic Temple