Tax Free Magazines Lose Exemption In IRS Ruling
A 1950 Congress law ends tax exemption for unrelated business income by tax exempt publishers. National Geographic, Nation's Business, AMA Journal face new taxation with deductions for production costs. Revenues from 700 periodicals total about $110 million annually, affecting ad markets and fairness.
MENTIONED IN THIS ARTICLE
National Geographic
Nation's Business
Journal of the American Medical Assdciation
Congress
Congressional Quarterly
AMA Journal
U.8
Chamber of Commerce
Internal Revenue Service
U.S. Treasury
Asheville
N. Cis
Citizen-Times
Arts Center to close bachelor of fine arts program
Mrs. Winthrop Rockefeller, president of the Arkansas Arts Center Board of Trustees, says the bachelor of fine arts program should have been shut down a year ago. The board voted to close the program at year end for financial reasons to restore the center’s mission of broad community artistic involvement. The plan aims to serve people from children to seniors. In Marion County the attorney general’s office ruled that residents cannot enact an initiative referendum to repeal a law on animal bounties, citing a prior Supreme Court opinion.
MENTIONED IN THIS ARTICLE
Little Rock
Winthrop Rockefeller
The
Arkansas Arts Center
Arts Center
Rockefeller
Mrs. Rockefeller
Little Luck
Attorney General's Office
Marion County
Quorum Court
State Supreme Court
Nichols Promoted by Revenue Dept in Arkansas
Louis Deno Nichols a 47 year old auditor in the Income Tax Division has been promoted to director of the Motor Fuel Record section of the Arkansas Revenue Department announced by State Revenue Commissioner B Bryan Larey on Thursday in Little Rock AP report.
MENTIONED IN THIS ARTICLE
Little Rock
B. Bryan Larey
Louis Deno Nichols
State Revenue Department
Industrial Outlook Takes in Everything Industrial
Sterling F. Green reports on the Commerce Department's U.S. Industrial Outlook 1968, noting a rosy overall forecast yet urging study of trends. The piece highlights how fashion, birth rates, and consumer habits influence industries from textiles and cosmetics to toy makers and grocery stores, with examples like miniskirts, convenience stores, and haircare shifts.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Associated Press
Washington
Commerce Department
U.S
America
Beauticians
Power line kills 19 head of cattle in snow
Nineteen head of cattle were killed on Thursday when a power line fell across a fence under the weight of snow in Klamath Falls. The incident was reported by AP from Oregon.
MENTIONED IN THIS ARTICLE
Klamath Falls
Ore
Regular beds crowded out by larger options
New York AP report says queen and king sizes dominate bedrooms with 40 times more large beds sold than a decade earlier and big beds accounting for 20 percent of sales last year. Extralong kings gain prestige as couples seek comfort. average heights and weights have risen since 1900 and 1960. Sales may pass $1 billion. odd shapes like round and heart beds emerge.
MENTIONED IN THIS ARTICLE
New York
National Association of
Elaine Bornheutter
Hale's
Long Island
Weather Diary Says Conditions Haven’t Changed in 50 Years
Mary Anita Laseter details a diary kept by C G Laseter recording 1917 and 1918 weather and family events in Hempstead County. It notes freezing temps, a notable 1917 train fatality, crops like English peas, and birthdays and deaths including Laseter’s own death in 1931 at age 93.
MENTIONED IN THIS ARTICLE
C.G. Laseter
Washington
Hope
Hempstead
U. S
Encing
Rav
Horace Jewell
Burt Tidwellf
A .R. Simynons
Capt. Bridewell
Charles T. Anderson
Emily McIver
Monroe County
Georgia
One Man Comes To Court In Freezing Weather
Charlotte AP report: Of 100 defendants in Mecklenburg County Recorder's Court Thursday only James Rufus Pills, 33, appeared in court despite freezing temperatures. Charged with littering on Interstate 85 for tossing a paper bag of pickled pig's feet onto the highway. Judge Howard Arbuckle freed him, saying any man who attends on such a day deserves to go free.
MENTIONED IN THIS ARTICLE
Charlotte
N.C
Mecklenburg County Recorder's Court
James Rufus Pills
Howard B. Arbuckle
Prosecutor May Run for Congress in Arkansas
Gene Raff, deputy prosecuting attorney for Phillips County, said he is considering a run for the 1st Congressional District seat. Raff, 34, a University of Arkansas Law School graduate, noted friends urged him to run for the post vacated by Rep. Took Gathings retirement.
MENTIONED IN THIS ARTICLE
Helena, Ark
Gene Raff
Phillips County
Raff
University of Arkansas Law Scheck
E. C
Gathings
D-Ark
Forage Short Course Planned in McCaskill
A forage short course will be held at Golf Chapel C. A te in McCaskill on January 15 22 29 and February 5 from 7:00 to 8:30 p.m. Cayce B. Smith assistant county extension agent will teach Planning Your Forage Program Seedbed Preparation Liming and Fertilization Seeding Forage Crops Grazing Management and Quality Hay Production. Attendees may join any or all sessions.
MENTIONED IN THIS ARTICLE
C.ate. Church
McCaskil
Cayce B. Smith
Bowles Meets Sihanouk in Phnom Penh to Ease Crisis
U S Ambassador Bowles and Prince Sihanouk held talks in Phnom Penh aiming to slow the Vietnam war spillover into Cambodia and empower the International Control Commission to patrol the border. Bowles returned hopeful amid concerns over Cambodia as a sanctuary for Communist forces and possible U S hot pursuit risks. The ICC, with India Poland and Canada, has been ineffective, and India as chair may shape the next move.
MENTIONED IN THIS ARTICLE
New Delhi
India
Phnom Penh
U.S
Chester Bowles
Norodom Sihanouk
Cambodia
Sihanouk
United States
International Control Commission
ICC
Indochina
Poland
Canada
Bowles
Sihanduk
Keep Grain Off Market Farmers Asked
The National Farmers Organization urged members to withhold grains from sale to push prices higher, aligning with Johnson administration and Agriculture Department policies that limit market releases. President Oren Log Staley announced the plan from Corning, promising later actions on meat milk and other commodities. The NFC has staged six prior withholding actions, most recently in March targeting milk prices.
MENTIONED IN THIS ARTICLE
Washington
National Farmers Organization
Agriculture Department
NFO
Oren Log Staley
NFC
Pipeline Firm Struck in El Dorado
Wheeling Pipeline Co terminals in El Dorado Fort Smith Little Rock Memphis and other Arkansas cities were struck by Teamsters members. About 125 to 140 workers left midnight Wednesday over wages and benefits. Local 368 at El Dorado Local 373 at Fort Smith Local 878 at Little Rock Local 984 at Memphis involved. drivers and mechanics walked off at several sites.
MENTIONED IN THIS ARTICLE
EL Dorado
Ark
Wheeling Pipeline Co
Tree
Arkansas
Memphis
Teamsters Union
Bunch
Southerns Conference
Joe Templeton
Traffic Division
O the
Transport Company
Shrevesport
el Dorado Terminal
Fort Smith
Lite Reek
E) Dorado Terminal
Mo Snow Dog Race Canceled In Alaska
Anchorage AP: The $60,000 Mitarodt Trail sled dog race is canceled this year because of snow shortage. The 36 mile event, to be run in two heats February 11 and 12, was halted as sponsors cited risk of injury to dogs from insufficient snow.
MENTIONED IN THIS ARTICLE
Anchorage
Alaska
Man Seeks Draft Exemption On Religious Grounds
Roger D. Carson of Jonesboro asks U.S. District Judge John B. Miller to rule on conscientious objector status. Carson opposes vaccination and medical treatment required for deployment, preferring noncombat service. He contends the Jonesboro draft board misclassified him, seeking 1-0, which would shorten service to two years in a key civilian institution.
MENTIONED IN THIS ARTICLE
Lattle Rock
John B. Miller
Roger D. Carson
Jonesboro
Carson
Beant
Nation says United States failing abused children
Denver AP report from the American Humane Association states the nation lags in child protection. AHA surveyed all states plus territories, urging clearer laws, better funding, and larger staffs to prevent neglect and abuse. De Francis calls the current system 25 years behind in providing proper care.
MENTIONED IN THIS ARTICLE
Denver
Colo
Humane Association
Vincent de Francis
Association
AHA
Basid
Washington, D.C
Guam
Puerto Rico
Virgin Islands
de Francis
Child Welfare Foundation
The
American Legion
Taft
Ma Ute
Helicopter crash kills 41 aboard in Vietnam
A U S Marine helicopter with 41 aboard crashed near the DMZ area, with five crew missing and the rest Marines, Navy men, and a civilian employee reported. Rescue efforts were delayed by weather as authorities sought to confirm casualties and recover survivors. The crash, on a Dong Ha Phu Bai route, sparked high concern as a worst wartime helicopter disaster if all aboard are lost.
MENTIONED IN THIS ARTICLE
Robert D
Saigon
Gona
U.S
South Vietnam
Dong Ha
Dmz
Phu Bai
Coe
Spokdaman No Nang
Roin
Also Mentioned on This Page
Our Daily
Alex HW. Washburn
Ffsrrow
Columbia
S. C
Nichols
Revenue Dept
da Nang
Brulefer
Switzerland
Mary Anita Laseter
Mo Snow
Pacific Northwest
Martha Jacobson
Charles Sarding
U.S. Department of Agriculture
Heltisville
Charles &. Lilly
Department of Agriculture
Lethbridge
Alberta
Selance
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