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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
Nov 12, 1968
Page
27
This column outlines methods to bunch income into 1969 for cash basis taxpayers. Techniques include delaying bill payments, delaying job completions, postponing savings bonds cashouts, and structuring sales to report only a portion of profits in 1968. It also covers prepaying deductible items like mortgage interest and taxes in 1968.
An analysis notes that business leaders have fared better under Democratic administrations in recent years. It argues party labels mislead on economic aims, cites JFK and Johnson era growth, and suggests Nixon era stability efforts mirror a broader shift toward consensus on employment and expansion.
Miami report notes police guard requested for an art show jewelry display in Coconut Grove but officers were busy guarding President-elect Nixon. The piece discusses economic restraint, bond yields, and expected Republican policy shifts toward lower federal spending and a stronger dollar. It suggests business ties to Republican administrations amid a slowing economy.
Norman Raeben, 40, founder of United States Merger Exchange USME in San Francisco, says the private market will connect buyers and sellers of mergers using computer matching. He projects over 3 500 major mergers in 1968 and compares USME to early stock exchanges while noting finders fees and 850 dollar annual registration.
Varian Associates researchers in Palo Alto announce radio frequency induced plasma sputtering to coat diverse materials with metallic films. The method deposits chromium on razor blades and coats glass, ceramics, and plastics for stronger adherence and longer blade life. Industry uses include decorative coatings on bottles and potential microelectronics applications.
Du Pont built an ammonia storage site 340 feet underground at the Repauno plant in Gibbstown New Jersey. Kansas City uses limestone caves around the bluffs as vast storage spaces totaling 5 million square feet. Caverns hold frozen foods TV dinners batteries film and photographic paper flowers and Easter lilies.
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