29 Dec 1971
Page 1
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Newspaper
Daily Capital News
Location
Jefferson City, Missouri, United States of America
Date
Dec 29, 1971
Page
1
U S trade data show a November deficit of 1.7 billion for January through November 1971, with exports at 3.16 billion and imports at 3.39 billion. Despite a 227.2 million November deficit improvement from October’s 821.4 million, the 11 month gap points to an annual shortfall not seen since 1893.
The Daily Capital News publishes standard masthead and contact information for its Jefferson City, Missouri edition. It lists publisher R. L. Rose as board chair and notes Associated Press membership and pricing for daily, Sunday, and mail subscriptions.
State Auditor Christopher Bond issued audits of Marion and Macon counties on Tuesday. Marion County showed overcharges of 3449.92 by former Assessor James E. Riney for indexing tax books, with Riney saying the work was court requested and that his successor also charged for indexing. Other issues included a $953,986 tax book expense and small deficits or undercharges among county officials. Macon County's audit noted Judge Lawson Romine was underpaid 471.63. Bonds highlighted a deposit shortage of over 520,000 and minor deficiencies, including Clerk Liberty Davis undercharging 100 for attendance at a Board meeting.
New York Mayor John V. Lindsay declared his run for the Democratic presidential nomination in Miami four months after leaving the Republican Party. He said Florida's diverse climate makes it a fitting testing ground and criticized Washington for favoring wealth and power. Lindsay planned to attend the Wisconsin primary in April and drew mixed reactions from fellow candidates and officials.
Cole County Treasurer Paul W. Hogg announced mailing blank 1972 intangible tax forms on Monday. Blank forms can be picked up at the courthouse for those who will be liable next year but did not receive a mail form. The state collects the tax on investment interest and distributes 98 percent to local governments. Cole County's 1971 share totaled 297,242.10 with school districts receiving 227,144.63 and Jefferson City Schools 216,507.87. County remittance to general revenue was 28,728.04. road, bridge, and library allocations and district details are listed. Forms due by April 15, 1972.
The Standard Life and Accident Insurance Company was fined 7500 dollars by Missouri state insurance superintendent William Y. McCaskill for soliciting insurance through a non licensed agent Edwin Blumenthal. The division cited failure to follow regulations requiring a comparison sheet when replacing life policies and pledged to contact affected policyholders to answer questions and ensure customer satisfaction. The company has operated since 1929 and adopted its current name in 1945.
Public hearings Thursday in Springfield will be led by three state insurance commissioners from Missouri Arkansas and Iowa to review two mergers Capital Reserve Life and Peoples National Life of Jefferson City Mo and Columbia Insurance Magnolia Ark with First Equity Life of Springfield Also inmates Joe Scroggins Jr and John Michael Davis bound over to Circuit Court for trial on assault charges from an Aug incident at the Missouri State Penitentiary.
Missourians exhausting unemployment insurance may receive 13 additional weeks at the same benefit rate. Director Herman Julien notes about 25,000 may qualify. half funded by federal programs and half by the state fund totaling around 240 million. Eligible workers should file at local Division of Employment Security offices.
A House Springs man, 48, was placed on four years probation after pleading guilty to manslaughter in a January I-70 collision at East Grand Boulevard that killed a Medford mother Shirley Dale and her seven year old daughter Mary. Judge Butler noted probation recommended by the Missouri Board and barred alcohol during probation.
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