Insurance kicker: chance on lottery explained
Carlton Smith explains tontines and semitontines, historic and modern forms of specialty life insurance. The piece warns these high risk plans promise profit from policy dividends, notes legislative scrutiny, and cautions buyers that insurance should cover needs, not lottery-style gains.
MENTIONED IN THIS ARTICLE
National Association of Lie Underwriters
Iegal
Spencer J. Kimball
Jon 3. Hanson
Newspaper Enterprise Association
Service crisis hits small appliances across USA
Millions struggle to service cheap appliances as repair costs exceed item values. Motors and radios face high minimum charges, and many items are discarded. Retailers are blamed for poor service, while manufacturers argue over parts availability and training gaps.
MENTIONED IN THIS ARTICLE
New York
UPI
Richard G. Smith
American Chain & Cable Ca
Smith
Halibut Eyes Curiosity Across North Ocean Regions
United Fess International notes a distinct eye placement in halibut species. North Atlantic and North Pacific halibuts have eyes on the right side of the head while the California halibut shows a different alignment. The observation highlights regional variation in flatfish anatomy.
MENTIONED IN THIS ARTICLE
United Fess International
North Atlantic
North Pacific
California
Sears blender recall cites electrical hazard in Touch-N-Go model
Stars Hoebuck and Co. urges return of white 10 speed Touch-N-Go Sears blender with model label Hit3.82235 sold from late 1969 to August 4. About 1,000 units were affected. 15 percent possibly hazardous due to a base plate mismatch. Exchange or refund offered at Sears stores or catalogs. no injuries reported.
MENTIONED IN THIS ARTICLE
Stars, Hoebuck and Co
Sears
James W. Butle
Mitton
NPPD recognizes Mrs Aerni for five years of service
Lois J. Aerni a senior clerk in the treasury department of the Nebraska Public Power District Columbus general office received recognition for five years of service. She was presented with a five year service emblem by C Walter Prentice assistant treasurer. Aerni began her employment August 12 1963 as a treasury department clerk in Columbus and was promoted to senior clerk in 1967.
MENTIONED IN THIS ARTICLE
Lois J. Aerni
Treasury Department
Nebraska Public Power District
Columbus
C. Walter Prentice
Steel industry boosts anti-pollution spending in 1969
The American Iron and Steel Institute reports steel firms placed 138 million dollars of air and water purification equipment into operation in 1969, up from 101.6 million in 1968, with over 383 million authorized for facilities to operate in 1970 or later. The industry emphasizes ongoing environmental work and recycling efforts amid rising costs and profits.
MENTIONED IN THIS ARTICLE
Washington
Iron and Steel
Compan
American Tron and Steel Institute
Institute
Steel and Containers Industries
John P. Roche
National Industrial Conference Board
Mnajor
Roche
AISI
Nebraskans pay nearly half a billion in premiums
Lincoln reports Nebraskans spent about 498.7 million dollars on insurance in the last year, up 20 million from the prior year and more than double a decade ago. The total assets of Nebraska companies reached 2.8038 billion, reflecting growth through 1968.
MENTIONED IN THIS ARTICLE
Lincoln
UPI
Labor union reunification rumors hint UAW back in AFL CIO
Wellesley Hills reports top union figures pushing for UAW readmission to the AFL CIO. If reunified, the federation would gain about 14 million members across 121 affiliates, boosting influence and dues flow. Historical tensions between Walter Reuther and George Meany color the debate, withWoodcock cautious amid auto wage talks.
MENTIONED IN THIS ARTICLE
Wellesley Hills
United Auto Workers
Apl-Cto
APL Cio
Ritz
UAW
Walter Reuther
Meany
Afl-Cio
Reuther
Grov
Teamsters
Woodcock
Beuther
Wooderek
House of Labor
Executive Council
Giese
Probaly
Elsy
Washington
Detroit
Apl-Cio
James Noffa
IRS Q and A column on tax questions and forms
Taxpayers ask IRS questions on taxes in a public service column. It explains withholding forms W-4 and W-41, conditions to stop federal withholding, and credits or deductions for foreign taxes. It references Publication 514 for details and the process to obtain it.
MENTIONED IN THIS ARTICLE
IRS
Internal Revenue Service
Also Mentioned on This Page
Carlton Smith
Lorenzo Tontine
Europe
Lorenzo
Royal Leasury
Armstrong Committee
Ray Burch
Schwinn Bicycle Co
Chicago
NPPD
Mrs
Aerni
Gass
Hone
Stephen H. Haney
Babson
Leonard Woodcock
Run Eally Co
Phon
Colum
Aid Association For Lutherans
AAL
Walter E. Bartsch
N. Roselane
Seonata
Equitable
Sven
Tay
Vyrs
Wfrat
Yan
Equitable Savings & Loan Association