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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 07, 1976
Page
12
Ian Locklear, a four year old in Tampa, runs as a write in candidate for USF student government president. His parents are student senators, and his IQ is listed in the 160s. He plans to become a fireman when grown.
Lou Schneider notes money market experts think the Federal Reserve may ease credit costs further due to ongoing negative market trends. The analysis outlines a possible dip followed by a rise in prime rates amid mixed economic signals.
Olga Korbut 21 bought a $177 wedding dress and a $56 veil at JCPenney in St. Louis while preparing for a Russia wedding next year to an unnamed "boy." Korbut, a 1972 Olympic gold medalist, was in town for an exhibition with other Soviet gymnasts.
A call to action urges readers to spot the right key that unlocks the door to opportunity. The prompt emphasizes personal effort and timely pursuit to seize chances in uncertain times.
With the 1977 tax changes, seniors aged 65 plus may gain by selling before year end or delaying. The exemption and taxable gain shift from a $20 000 threshold to $35 000, altering the tax on profits from home sales. An example shows a $70 000 adjusted price and a $28 000 gain, resulting in $8 000 exempt under 1976 rules and $14 000 taxable under 1977 rules.
In PAYALLUP Washington a 94 year old man Albert Andre shot two fellow patients, wounded a nurse, and killed himself at Riverwood Care Center after an argument. Victims Louis Schoenbachler 70 and Orval Holthusen 77. Nurse Patricia Carman in good condition at Tacoma General Hospital. A note with the word Goodbye and a Tacoma phone number was found. Police have a theory but offer no motive. The weapon was an old 1896 Ser Johnson revolver.
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