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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Dec 16, 1957
Page
8
Markets show broad declines across stocks led by steels and motors with rails, and a weak tone in wheat and corn. Hog and cattle futures vary with hogs down, cattle steady to lower, while bonds attract demand as government issues rise in value amid a softer equity market.
More than sixty members and guests heard a luncheon discussion by Voters' League for Women Voters on state revenue measures. Mrs. James Seaver led the program outlining budget session items, including disallowing federal tax credits on state returns and on dividend income, and options to raise corporate tax or curb credits. Mrs. Ethan Allen defended sales tax changes, noting opposition to rate increases and favoring a broader base with food exempt and potential service coverage.
A new over the counter tablet named Dristan Tablets claims to drain clogged sinus cavities, relieve congestion and pressure with no discomfort, delivering medication through the bloodstream to shrink swollen passages. Priced at 98¢ for 24 tablets with a refund guarantee if pain and congestion persist.
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