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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Nov 23, 1977
Page
2
The guidance outlines handling net short term gains with loss carryovers, offsetting with long term losses, and using up to 2000 dollars of short term losses to reduce ordinary income. It also covers scenarios with net long term gains and both long and short term losses, emphasizing prioritizing long term losses to offset gains and the tax payoff from strategic loss deduction.
Sylvia Porter outlines year end tax strategies focusing on long and short term gains and losses. She explains offsetting gains with losses, the benefits of recognizing long term gains, and how holding periods affect tax rates. The piece warns against postponing losses to 1978 and notes changes in carryover rules for 1978.
A driver on East Main street extension swerved to avoid a manhole cover and wrecked into a tree, ending in a junk yard. The road, owned by Warren County, is repeatedly resurfaced, with deep-set manholes posing a danger when hit at speed.
The speaker warns that replacing the road without raising manhole tops will leave them buried deeper in holes. They urge the Warren County highway department to heighten manhole tops in step with resurfacing.
CBS airs The George Burns One Man Show featuring Burns age 81 with Bob Hope Ann Margret Captain and Tennille and Gladys Knight. The veteran comic delivers razor sharp timing, vaudeville storytelling and gags about aging while soloing on classic songs and drolleries.
The Pennsylvania Bureau of Consumer Protection lists six city offices for consumer complaints about shoddy goods or business practices. The Erie office is at 919 State street Room 203 Erie 16501 telephone 454 7184 area code 814.
Local Corry newspaper fragment lists Associated Press content and a rental advertisement. It notes a newsroom, publisher, managing editor, and pressroom foreman with garbled lines, plus an advertising deadline hint and a daily or monthly rate.
The Hustler publisher Larry Flynt hints he will shift the magazine away from sex and nudity toward religion and Christmas themes. He appeals an obscenity conviction in Cincinnati, raising questions about motives and a Washington link with Ruth Carter Stapleton, the president's faith healer sister.
Reporter Ed Feely applies a mathematician’s method to a hit and run case in Manhattan East. He reduces suspects from millions to 140, then to 26 cabbies, finally selecting the driver with a flawless alibi as the man who killed Robin Joyner, a four year old girl, in a grim, methodical police procedure.
U.S. consumers of Maxwell House, Nescafe, Taster’s Choice, Yuban, Sanka, and other brands unknowingly support Idi Amin’s regime through Ugandan coffee sales. The article details billions in earnings, names major buyers like Folger, General Foods, and Nestle, and notes political resistance to a full U.S. import ban due to potential ineffectiveness and retaliation concerns.
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