Florence Morning News Newspaper Archives Oct 18 1973, Page 48

Low-resolution version. To view a high quality image

Start Free Trial
Florence Morning News (Newspaper) - October 18, 1973, Florence, South CarolinaAmerican stocks Norw York selected 7 4 american Slock pro Cesar Unten Yilin m 3 u. Met 6 j ?6 Pew Heffli Law Clouch. He corp 6 j76 y7 ii Alba will 73 41 Sec a Perl 1.70 Anthony 4 3 Are cup. 74 7 to Arous no Ark col. 74 34 if alias ave b Barnes rare yer 1 9 Bower ii 332 4 Brad or Laura few Nib h by rfcs c a o 16 l 0 can Chin Voitik Star Ndini i 3? n 19 32 23 3 _ Eck or up 11 Doc cup 5 Otow rip Hoo 10 2 died assist oer.1 comp 60 13" 7 98 i to 9v 16 8v, 1 26 7 s 3 i Frici Tif sri Frontier air g 6 Gucik Jelinc 9 31 6 i r .50.1 15 j 12 138 1516 gl.lrfnq.131 7 16 glcndix.391 j2 1 9 in . To 137 Golf a i 3 _ he i 7 t s i Icinio. Insl t 10 j 1 it calf 13 i i Hulmn Lix s 7 hairieoa.59 33 Al u 74 Mycol inc i 4ri 33jci 4.1i 10 31 ? 4 9. Synlcx.40 37 190 1151.7 hit. Ail i Tec Lilym 14 i a i ctr Cloper 10 2 8u 5 i Kef Cotapo 7 19 i a a. Ten Nicoloro 7 9 9 _ thu Star 5 m 5u s i tokhoim.3s 15 11 8 7 a. I. 1176 5 s 6 1 7-16 7-162 Zwir fairly 7 j 8. I Tyc labs 1? Isa u i jul b Uip 50 2r.i in in in Trvll. 1 -4vj 4 7__ a unfair pm .43 s 1 i 48 3 5-16 3 1-16 3 5 16 i u husband who earns about inc document How much bigger Are Kcf orm acl of same amount of Money As you you household expenses than do you also wont i m sure those of the non working wife in permit tax considerations to the household next door discourage you from continuing you usually spend More for to hold that Job. Food because you Eal out so but upon examination you much More and. When Al Home w i 1 find that the rely More on expensive con working couple i uschold is the Ven Ienco foods. You usually target of flagrant spend More for clothing discrimination in surtax Laws v because you work outside the and whether or not you Home for laundry and for dry Realise it just because you Are cleaning Loo. Holding a Job your Type of and if you can get household household carries a heavier lax assist acc you also spend More Burden than your neighbors in for hat. Which . In sum a varying to illustrate Sav Vou Are two part but always a part of your single taxpayers each earning pay goes for expenses that you for a would m if cur f-y011 were in each of Yon lakes a Slan non working wife role. And Dard deduction and each of you. J Das Joseph a. Pechman of a exemption. He Brookings isl Lulion. Points together you pay a local lax Mil the exemptions Deduc Lions and the lax rates for one and two earner couples arc identical. Hence if they have the same Money income the same number of exemptions and the same deductions they pay the same lax. But ibis gives the wrong result because Hie married _ couple with one spouse working has More taxpaying ability than now say you Are a husband and wife earning a total of in any come Nalion of paychecks. You As a couple get one Standard Deduc Tion and individuals two exempt ions. Your local lax Ona joint return is the difference is a startling different reasons in boosted the maximum Standard deduction to make this deduction More Worth while. The two moves combined to favor two single taxpayers Wilh two Standard deductions Over two married taxpayers Wilh one Standard deduction. As for the Bias against the working wife hat arises first from inc inequities inherent in income splitting and second from the fad that income split Ling does l distinguish Between married couples Wilh one spouse working and with iwo spouses working. Our tax Laws were written Al a time when in was Normal for inc husband to work and inc wife to slay Al Home. Today the Norm is inc working the one earner couple. Our taxi Laws in his regard Are Nso Lele. On no grounds can these injustices be defended. Moves to eliminate them Are As Pech Grain reserves at perilous level Washington a nation s Reserve of wheat even Wilh a record crop his year would be wiped Oul entirely by rising Export demand according to reports wednesday by the agriculture department. Expo re orders also Are continuing to Drain off reserves of Corn and soybeans commodities essential for More livestock production in 1974. Although sonic of the figures used by Iho department Are in apparent disagreement their main thrust is toward another record Export season for . Farm goods and More com petition in the marketplace for Consumers already facing the highest retail food prices in history. In a report issued by the Outlook and situation Hoard wheat exports for the fiscal year ending next june 30 about the Lime the 1974 crop is ready be 1.15 billion bushels an increase of 50 million from an estimate one month ago. Added to Domestic requirements of about 756 million bushels the expert Grain would leave a Reserve next july i of 250 million bushels the smallest since 1948 when Post War world demand ate up . Supplies. But another report issued by the department wednesday suggests the 1973-74 Export could exceed billion bushels meaning that the wheat carryover next summer could be reduced to nothing. This second report was based on bookings by exporters for wheat remaining to be delivered through next summer. The Outlook report said the Export estimate has grown million bushels since september due to further strengthening of foreign Corn exports in the marketing year that began oct. 1 wore officially estimated at about 1.12 bushels some 175 million less than exporters claim to have committed for delivery. Soybean exports were estimated by us a at 550 million bushels for All of 1973-74 while Export bookings Point to soy bean shipments of about s40 million bushels. Economic slowdown predicted by Joe Hall associated press writer Washington api three prominent economists told Congress wednesday they expected a slowdown in the a lion s Economy in 1974. Nobel prize Winner Paul a. Samuelson predicted both inflation and stagnation in Job of although the bulk of Export opinion is still against this the american Economy might face in 1974 a full fledged races the Massachusetts Institute of technology cup Nomis said. Paul w. Mccracken former chairman of president Nixon s Council of economic advisers said a 1974 recession was pos sible but that there were Many buffers against it including greatly improved prospects for . Exports. What is More Likely is a period of sluggish growth but the . Economy in 1974 will pm ploy More people and generate More real purchasing Power and output than in he said. . Treasury Bend new York Over Trie new York Al a org counter . Treasury a rfcs for bid asked yield cooler . Cd a soy. Rale Ivai. Fate i m nov 1_ a vhf inc Treasury Bonds for bid asked Dkl chg old 4 u.3. Wednesday. Kale v at Dale feb 1974 7 is Way 1974 t1 1974 1974 1980 197j 197s 1975 1975 3 1975 1976 1976 1937.92 feb 78. I 10 5 1976 Way 1976 1976 1976 1976 1977 1977 19 19 1973 Itje h04 1979 19fio 100.0 58.19 6.74 74 99. Die married couple Wilh in Man says Long in Abr no Unfer Aryl u goods up by .40d 6 17 5 34 21 j. Markets at a glance 16 39 usual Tirc 8 75 Era Urc Jium 7 s 5v a a v in icy my f 15 u Ivy s j7 i Viko Tanc 51 13 a u new York Slock Exchange Ivai Lief cents Index s7.40 -0.13 olos fight inflation but the proposal Utility .37.14 finance 35 --0.16 advances 476 decl Lars. New York api d Wilt Akril 1 full a Wood in.731 is. Or Mhar Yale since jjij., id ziirhom.34 j Natgen-ls9j j3jh_ set o-tmj34-i92 16 16 1817? i j 8 14 Btij to n 15 t 15-14 2 u 13? 23 32 20 2j2 60 70 33. Copyrighted by the a 54 4 57 i a s 38 t ii Ieti press 1973 . State Market Columbia a Sodai South Carolina livestock tuesday s auctions. Compared to previous tues Day Loo few Slaughter so cars to isl Market trends. Heifers about steady to 1.00 lower. Cows mostly 1.00 lower. Bulls steady. Feeder steers and heifers about steady. Steer calves 2.00-3.00 lower. Heifer calves 3.00500 lower. Slaughter few Good and Choice Sci Kwo ibs. 900 Loon his. . Cood and Choice 500-700 ibs 38.00-11.00. And commercial 32.00-36.25 Cutter 27.00-32.00. Nulls yield Grade 1-2 1000-1300 ibs. 37.00-12.50. 1300-1600 ibs. .11.75-39.50. 150 200 lbs. 50.00-5fi.00. 250-350 ibs. Good and twice 350 feeder Choice 150-200 ibs. 63.00-72.00. 200-300 ibs 59.00-66.00 few up to 69.00. 300-100 ibs. 400-500 ibs 49.00-57.00, 500-700 ibs. .16.00-53.00. Good 150-300 ibs. 51.00-61.00. 300-100 ibs. 15.00 5300. -100-500 ibs. -12.00-19.00. Heifers Choice 150-200 is. 51 00-fil.oo. 200-300 ibs. 16.00 5300. 300-100 ibs. .1-1.00-19.00. Ibs. .12.00-18.00. Good 200-100 ibs -11.00-18.00, 500-600 ibs. 37.00-39.00. Stock 275.00 . I logs Barrows and gilts 1.00 1.25 higher. . 1-2200-240 ibs. 11.40-14.75. . 2-3 200-240 ibs. .1360-14.20. . 3-1 240-270 ibs. I3.0fl-h.70. 1-50 higher. . 1-2 300000 ibs. Fll.25-lfl.25._____________ j livestock Omaha a i Sudaj f j 000- Ixl a ifs s v 35 lower 1-j la irix Rvin a j7.m43 00 some 7-3 000 47.00 i co ?-3 xxi in cu.50 . I t 10 Ruth Grain Chicago i so dec 1 Cec jul in Xix Dwitis Chicago Vav Liesl rally. Corn higher Fyrtle by. Ling her Corn. 501 advances. 659 Rie Clinos most Klive Patent Nash a conv Sile 1 stocks in spotlight Nev York Apisa is closing Price and change of inc if Fern no live Yocks i raced on Ine by Stock sex of Tush in i "3a1 Ocic Knect a East Naurl 8 135.300 13 u -1s 161.j30 -i7 a ljv.300 Good 9.11 "v.96" Caj if -13.70 13.31 contort 10.65 Law Hunt -9.3310.73. Mahln i fair Ama Irlin Gulf Oil Fly Tiger noise cased Bel Holcel Naif Nasjir Iran Wair Union corp 1j6.900 138.100 33s.900 13s.700 00 i29jco i17.ico 17 21 what stocks did new York a advances declines soybeans nov Sio i.69 5.69 5.w Jan ------580 5.60 5.69 5.69 5.b9 mar .5.ej s.87 575 5.75 5.95 Way itt 1.73-1 5.78 j jul 5.89 5.94 5.79 .3 aug 5.85 5.87 5.73 5-78 5.99 sep 5.70 5.70 5.60 560 5.30 nov .5.66 5.68 5.5? 5 59 5.71 Jfhn 5.61 5.61 5.34 5.61 5.7j 7 soybean Oil oct 85 22.65 23.30 dec .19.56 19.90 18.95 19.30 19.30 .19.60 13.65 18.70 18.so 18.40 ___17.75 18.10 17.60 17.95 17.68 17.60 17.65 17.42 17.75 17.50 j u .17.45 17.60 17.10 17.50 17.10 Aisig 17.30 my 16.95 17.15 bt7.m soybean meal Cut 155.00 156.00 151.00 157.50 155 o dec 162.00 163.00 155.50 156.00 161.50 Jrsn 161.00 163.50 15600 157.00 163.00 .165.00 165.00 1s4.50 157.00 161.00 .16j.oo 168.00 15900 159.00 16703 jul 169.00 169.00 143-m 160.50 16500 aug .167.00 163.00 163.00 16600 iced broilers Telov .3120 33 90 3j 60 34 15 Jan .36.25 36.35 35.15 35.35 3550 a1arh6.35 36.70 36.00 36.60 34.10 Way 37.00 37.60 36.75 37.60 37.30 Juo .37.50 37.75 37.50 37.75 jul .37.50 37.60 37.75 37.60 3am b bid .1 set to a nominal today 627 552 839 ?43 .150 3u 1816 1639 72 27 Dow Jones averages new stocks once Hitti Low stoic incl 30 inc 965 01 976 950.35 52 1.3v Kirn 181.00 18m3 1s2.j5 1rj 00 Ishii 101. 7a 101.30 6wk ?9j.a? 598.41 791.93 transact Lions n stocks used i income rails 100.57 0 5? 9.1.q? 0.95 i b.93 9.76 inv i 6.13 3.69 spool b.j3 9.09 Slock 7.39 362 am Rah 6j6 6 73 am Jnson 5 51 6.07 am a tvs 5.65 . Ai Timir b.e6 966 am nigh 7.59 763 Anchor or cup Canil 5.jo 5.v? 363 9.j6 723 fill no 8.07 885 vent 9.69 1061 Wash 12.67 13.8ft ask can -1.79 j.69 9.j1 a 4.97 5.3s of Nib 7.47 b.13 s oct 6.13 Sclan 4.8f no Camii 12.17 13.30 Bilbin 13.cs . Davrkf.1 7.59 8 j3 bark or 6.33 6 86 Neitch Nellil 9.73 . Rpm in 11.34 . Born. Gill to 31 -1.71 5.08 5.5i boil 1u3 new Ufa 3.j9 361 no Rah fu11.0s . La thick i4.17 l5.5? 73 w 35.78 Ivul 3.62 3.9 10.10 11.07 by 1j.7j 13 40 Cipu Al 11.13 17.03 Colp Irin 1279 13.j3 Heivry so 1 1.5 15 e3 10.83 h81 9.33 10.1-1 1.35 1.19 5.66 6.19 7.00 1.97 ? to r fins 9.jj 10.31 l 6.15 6.7? 7.p9 Pil 6.6s 7.49 11.71 17.25 cd Dulny Versi i idol Piwin 3.03 7.55 10.68 13.52 f3 o 16 53 18 07 9.93 10.95 .1.66 5.c9 to Rcd 25.i9 27.97 a Roar Indus 1.j2 income 6.0j . Vanl 4.4l . 13.67 f51 investors disco 5.75 6.33 or who s.03 6.35 Rixom 8.j4 9.25 Stock 9.29 9.m fs1 Malhi 9.0? . Fjcmdrqll.63 . Clinef 9.93 . A Mfd 11.77 . 101 cd 8.90j.l. Twin f 6.64 find grit 4.e9 s 34 Foj rulers we Pundis ill co of i3- j n 8.8 9.65 us Lgth fl.j312.79 7.05 13.21 scr Ryf 14.j9 15.53 13.15 h.78 13.7214.99 14 37 15.70 1a.16 17 16 2.75 . Or milk 331 j 16 in Fri 6.61 Al Elf 4.43 4.84 Tiara a s6i 6.70 7.32 Pate 8.81 963 Florence police study concludes Force improved during the nine month climate which still exists in the to Date 18 men including period from january to sep Lem police department according to several older officers have or Mil am Mon y f is bad 5.76 6.32 11.39 13.jj is.33 . Nen 10.48 Miff a 8.20 b.86 s it Mir Gin 4.9i 5.35 Morrw 5 21 5 66 a 10 05 or mul 16.29 to test 1.91 in com 17.9419.63 inc so 10.1911.11 o 1384 . 80 577 93310 5.51 6.0? 1 12 19 9.77 10 u ir.51 12.58 9.58 0.i Baay 9.9410.3j iu3 . Nomra . A Bihar 11.55 . secur Sogon 13 j3 14 Balan 9.1 9.96 8 43 917 Durd j.61 5.36 Swingl Crolli 71? 770 lev i3ij2 of silk 660 7.21 m9 to Zigr Eljit a Mph Sarto dn1c units filid a Nisi lies ii so 6.54 9.36 7.5fi 8.75 5.07 5.56 2.01 2.70 us gov 9.81 10.7s 5j? soil Zoum 4 to 504 Frkan lie 11.95 13.06 top 10w . Co firn 9.11 9 9a inic 8.j7 9ja in card Pilot 8.14 89? 7 a7 8 j9 of s3a84 crts cd 7.1.1 . Group Sec arc 5.64 Rii in Al 07 ? corns ii.8? 1300 Gill Fotja 4.67 5jo Groh int 22.17 . Guard m ?5.35 . Ftika -1.37 j.77 gov Van 7.97 Ironi 4 s7 7.53 lev Lolo or Cigoi 978 he Ringo 2.07 7.75 1st or walk 4.j3 Psi Liskom -1.00 Irussi j2.95 14.50 irus j 50 10 21 11.14 Iru Agmi 7.90 8.61 inc 13.30 u 4j in Ousley 3.80 4.14 Ingn 10.-o in 11.57 inv Ergui 9.71 Ica 14.07 15 38 inv 9.q1 . 8 Una 17.j 19.01 17.0s .sl ecu act l 6.1? pm 10.47 j or 11 86 14 24 new a Ltd 17.7? 13 98 notion 15 79 14 61 nah Struj 18.90 . Noj Easl 15.33 . 3 4i 3.57 one wms 17.59 . On Illif 13.18 cd oppt a 7.92 3.66 aim 11.40 time b.54 9.j3 oct sue 10.41 11.53 1.1 346 5.3? 5.97 pc Esq 7.74 Pii Mut 2.99 i s.2i Pilgrim Gap ber. 1973. The Florence police department s Case closure Rale Rose to 36 per cent As compared 7.54 with 23 per Cen in 1972, accor Ding to a study compiled by Florence police chief Arthur k. Chete. The average for the Allan tic states during the same nine Mouth period was 2-f per cent inc study said. A Lorunce experienced a 0.31 por cent decreased in major crimes reported during the first cd 5 s9 6 11 of 5.53 Soi tight 5 32 Nln 9.39 . The 1973 study. The 1973 study takes the major Inanc Quancie pointed out in the earlier study training recruitment records patrols and administration and lists Steps taken to Correct them. In the area of reforms the police department abolished he previous practice of occasionally dropping traffic tickets according to the 1973 study. The practice of giving gifts to 1.22 . 1.49 . 7 66 . Roe ads . Apo 11.19 16.05 n a. Lev 6.17 7 34 8.77 954 9.881383 slain in intent nine months of oils year com t u pared to inc first nine months of officers for carrying out their . Routine also been during the first nine months abolished As has the prac Litcof of this year there was a 34 per allowing unauthorized person cent increase in the number of. No to ride in patrol cars traffic citations Given by one of the Moil controversial Florinc policemen Over the fir administrative changes has is nine months of 1972. Chete said. At the same time there Wasa 6.96 7.63 1204 1146 788.s 135.3 319.5 116.3 3m.9 110.6 269.7 157.1 349.9 ,38.7 311.9 8 4 u 78.3 As 3 Stock averages co tip ill the Aisoff Tatoo 10 10 10 10 10 Ralli ind uni. Fan. L. Cd. Net wed.-1346 t16.3 30? 3 Rev. Day 570 wok ago 51.8 month ago 51.4 ago 41.1 53-3 Low is 6 w7 Low 5t.l Georgia poultry Atlanta api nip Ocorgi. o n truck wn-.1 m ice in in Ulivi Inri Lor ii Fol work s 1 Ratling we 16.75 Impi of Lull Rikk Lols 0 Iff pm cd a Wail re to 3 pc xxx thirds. Iho him rid unt Luril Iryl Hie map Linual for .1 to Noreuil sires ire in to Tilina on is the Imp Ivil i l in -1" or Yms. o1 Lypps of morn in Smuc. Neljo liliom ,11 Jirm Chi Lypp Irr 19 1710 19. Or vol 9.9 10.90 i 5.1 111 i of i 1095 11.97 Gavle 6 17 .0? Incani 10 m Vanl j.52 385 col.igrlui3 s7 . i a Willic Psi 1.61 Contr 701 7.66 co mind r.6i 9.61 Coli pro 8.60 co kurd . Coins lev 17-Ja ctn ill g 6.01 6.60 . L-w. is h67 j3-5j331j conv div 581 635 8.c6 . 767 9.931085 11.78 1? 33 7js b.60 3.18 3.18 soil 6.19 6.78 Gilf a ids girl 7.33 ids Mil 6.55 7.1? 9.9.1 10.08 Frog j.63 5.03 sleek 21.11 27.9s Sci Rel 9.38 1009 Var y.08 987 i Koi 10.67 . Pire tree 3.70___ fund 8 79 9 m 12.671385 ii 11.1613.73 9901387 pics in Price u 31 . Ner 17.j . N 10 69 pro Tuikol a 61 . J 29 j 69 prove Ali 9.10 9.9s Prusis 11.0517.07 pull in i Likis i1.3812.j1 of Nuil 9.61 10.50 scorn 15.1317.19 grow la 11.69 17 78 Inconis 813 b 89 9.9710.90 117813.33 11 j5 13 51 travel 11.64 17.76 a j 12.95 . 1wncg1 3" a 9.03 9.97 j 4j in 11.71 . Us Gosc 10.01 13.16 unil 9.31 1007 uni lunch 9.51 706 1777 is Ftp 3.61 8.7s . 6j 67 . 1013 n a do Law 10.10 s.27 i.76 5.j3 s.9j . 10.s9 . i Cyl 11 71 1? 63 Ciu i ii jj8 Cvik 15.991753 spa inc 7.65 8.35 thic 13.27 nun Fil 3.jo . P 37 9.17 b.37 Kevi Lorf. Funds1 Alcuin 516 566 1j001983 1963. 53 Cush i 979 Ciniski 7.31 8 01 Culk 6.79 689 cuss 72.837507 crib 11.531361 Cus 53 8.79 963 cuss 4.87 5.29 4 07 4.45 Kra Avgi 8.65 9i47 7.55 825 try kit 5.99 . 9.77 9.36 funds lev 15.95 . 16.35 Komsi 11.37 . and girl 4.39 js1 and inc 3.76 41? and irs 8.10 8.88 cow 437 5.31 Dos 6.11 6.70 a car a 4 55 4 99 Security p lives Broad 14.5015.85 9.0? 9.36 10.i711.c6 13.541480 Nilert acc 7.59 9.32 Flond 7.72 9 4i Congo 10.62 1161 con inc 9.99 10.95 Sircom 13.72 15.04 7.41 8.12 7.35 805. l no cd i 6.45 7.07 Ickom 4.s7 5.1? Levirl 8.01 8.33 spas in 361 3.s6 Irv Cal 7.56 b.76 co Lim 7.75 8.47 or vol 333 9.16 4i 1 60 in 606 391 .175 Fig vhf Lalim 11.96 13.07 Welling in exp r 744936.77 10.40 ii 37 17.70 13 63 8.3? 17471363 11.9813.09 11.38174 8.3? 898 3.59 3.9? been the abolishment of he traffic division. 7.5i i m 14 nor cent decrease in traffic hat the department has 9 to accidents in the cily during the based its patrols not on a con first nine months of this year As linking analysis of Peak crime compared to Ibe first nine Mon limes but has been satisfied to continue with equal distribution of men around the clock concerning inc traffic division the 1972 study noted the division fails to Lake into consideration that most traffic accidents arc taking place when it has the fewest men on the traffic division has been abolished and ils personnel will receive training Al the criminal Justice Academy. All detectives have been through a special advanced school for detectives. 1 lans Are being made for a two week course on advanced police fundamentals for officers who Are not Academy graduates. At least 13 officers have been Send to various Law enforcement schools across the coun try the police department has sponsored courses taught by the the state Jiw Anfor Cement division sled and the City prosecutor. Regarding recruitment he 1972 study concluded hint the police department did not have any recruitment policy or in Cal 7.91 8.47 tecon Trust Wells Wei or 3.91 1.33 Wisl grf 10 03 Wise cd 6.03 6 59 11.14 13 Cotton 9.9? 10 84 Grid la Inconis 633 6 m Caldr 167717.81 Sincl 859 l or Sluik u.3i1458 1hs1sb3 rms. Sih74.ii . Imi Riyu 597 fac u Elna 9.331070 s3s 9.13 i pm 860 pro 3 76 3 56 Sibyl a. Dam 870 896 13.96 . I 11241439 Rorm to 17.41 401 138 in 59 9.10 no 3 c Ostl 16.50 10 11000

Search all Florence, South Carolina newspaper archives

All newspaper archives for October 18, 1973

Browse