Cooperatives Face Tightened Taxes Under New Revision
Washington AP reports the 1963 tax law tightens rules for cooperatives and patrons. Patronage dividends become fully taxable to members unless consented in writing or via co-op membership. Cash distributions required for deductions. some rural electric and irrigation co-ops remain tax exempt. The act also raises levies on savings banks and mutual insurers and adds new rules for mutual fire and casualty firms including a deductible account and phased tax changes.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Douglas Dillon
Congress
Savings and Loan
Treasury
Mutual Fire and Casualty Insurance
Courts CRIMINAL CASES Case details from Police Court docket
Police Court records show Shad Morris 1308 A I charged with drunkenness $50. Jerry Allen Dillon 940 Ala charged with petty larceny $35 and 30 days. Bill Kelch 1108 N J $35 for injuring property. Daniel Deckham 16 W 14th $165 and 30 days for DUI leaving the scene and improper license.
MENTIONED IN THIS ARTICLE
Shad Morris
A. I
Jerry Allen Dillon
Ala
Bill Kelch
N. J
Daniel Deckham
W. 14Th
Market News Investment Shares This Week's Closing Prices
This week's closing prices on investment company shares are provided by Barret Fitch North & Co. Quotations reflect market activity and include major investment firms.
MENTIONED IN THIS ARTICLE
Barret, Fitch, North & Co
Local Markets Prices From Co Op and Harwood's Market
Farmers Co-Op lists Wheat at 2.02, Corn 1.05, Mile 1.62, Soybeans 2.25. Harwood's Market quotes Eggs Large A 35, Medium A and Large B 27, pullets and under grades 17.
MENTIONED IN THIS ARTICLE
Farmers Co-Op
Harwood
KC Market Reports: Eggs Poultry and Cattle Prices
Kansas City AP market briefs list egg prices by size and grade with ranges for consumer and wholesale eggs. Poultry items include turkey hens and toms, geese, hens, capons, ducks with weights and prices. Cattle and sheep values show week‑to‑week changes, steer and heifer prices, cows, calves, vealers, feeders, and lambs with specific ranges.
MENTIONED IN THIS ARTICLE
Kansas City
K. C. Livestock Weekly
Sales in Area Stores Gain Over 1961 Week
Kansas City AP reports 10th District department stores up 1 percent last week from the same week in 1961. National sales up 5 percent. Year to date district ahead 2 percent, nation 4 percent. Highlights include St Joseph up 11 percent and Greater Kansas City up 10 percent, with losses in Topeka and Oklahoma City each 5 percent.
MENTIONED IN THIS ARTICLE
Kansas City
Federal Reserve District
St. Joseph
Greater
Albuquerque
Topeka
Oklahoma City
Joplin
Wichita
Tulsa
Lincoln
Denver
Omaha
John L Lewis Undergoes Peptic Ulcer Surgery
A relative says 82 year old John L. Lewis retired UMWU president was admitted to St. John’s Hospital in Springfield on Tuesday and operated on for a peptic ulcer. Mrs Thomas A. Lewis, his sister-in-law, disclosed the update Friday.
MENTIONED IN THIS ARTICLE
Springfield, Ill
John L. Lewis
United Mine Workers Union
Thomas A. Lewis
St. John’s Hospital
Springfield
Mrs. Marie Sherman 93 Dies in Ironton Ohio
Mrs. Marie Sherman 93 of 1701 Miss St died Friday at Lawrence Memorial Hospital. Funeral services set for 2 p.m. Tuesday at Frank Fenchter Funeral Home Ironton with burial in Ironton. Rumsey Funeral Home arranging locally. Survivors include daughter Virginia Maddox granddaughter Mrs. Robert Reiter of Olympia Wash. and three great grandchildren.
MENTIONED IN THIS ARTICLE
Marie Sherman
Miss. St
Lawrence Memorial Hospital
Frank Fenchter
Ironton
Ohio
Rumsey
Edith McKelvey Rites Held for Local Resident
Mrs Edith McKelvey of 426 Perry died Friday evening at Law Her husband Jacob E McKelvey died in December 1961 Eda May McKelvey and four sons Edward Leroy McKelvey Edwin Lee McKelvey Billie Dean McKelvey and Roger Allen McKelvey all of the home A sister Mrs Laura Beebe of 226 Perry and two brothers John H Tipton of 742 Maple and Sam Tipton of 625 Ash survive.
MENTIONED IN THIS ARTICLE
Edith McKelvey
Perry
Lawrence Memorial Hospital
Jacob E. McKelvey
Eda May McKelvey
Edward Leroy McKelvey
Edwin Lee McKelvey
Billie Dean McKelvey
Roger Allen McKelvey
Laura Beebe
John H. Tipton
Maple
Sam Tipton
Ash
Funeral for Malvin William Icks Jr. in Independence
Funeral services for Malvin William Icks Jr. age 19 of Independence will be held at 1:30 p.m. Monday in the Carson Chapel. He was killed Thursday in a Kansas City area automobile accident. He lived in Lawrence until five years ago and attended local schools. Surviving are his father and stepmother Malvin William Iks Sr. of Independence, his mother Anna Marguerite Simmons of McLouth, a brother Robert Icks of McLouth, two sisters Linda Kay Icks of 1100 W. 6th St and Anna Marie Hickock of 724 N. Y. St, paternal grandmother Anna Florence Icks of 1100 W. 6th St, and maternal grandmother Tom Burns of Route 2.
MENTIONED IN THIS ARTICLE
Carson Chapel
Independence
Malvin William
Billy) Icks Jr
Kansas City
Lawrence
Malvin William Iks Sr
Anna Marguerite Simmons
McLouth
Robert Icks
Linda Kay Icks
Anna Marie Hickock
N. Y. St
Anna Florence Icks
W. 6Th St
Tom Burns
Route 2
Miss Alice May Zwick dies. nurse, 71
Miss Alice May Zwick 71 of 1919 R I Street dies Friday at Lawrence Memorial Hospital. Retired nurse. Service p m Monday at Rumsey Funeral Home with burial in Oak Hill Cemetery. Rev M C Allen to officiate. Survivors include sister Lydia Campbell Nashville Tennessee two brothers Frank Zwick Houston Texas and Will Zwick Oklahoma City Oklahoma and several nephews and nieces.
MENTIONED IN THIS ARTICLE
Alice May Zwick
R. I. St
Lawrence Memorial Hospital
Rumsey Funeral Home
Oak Hill Cemetery
M. C. Allen
Lydia Campbell
Nashville, Tenn
Frank Zwick
Houston
Tex
Will Zwick
Oklahoma City
Okla
Headache Remedies All Same Across Five Aspirin Compounds
Medical researchers report no significant difference in pain relief among five non-prescription aspirin compounds during the first three hours after consumption. Two preparations containing phenacetin show higher upset stomach incidence than the others. Excedrin and Anacin, containing phenacetin, are noted.
MENTIONED IN THIS ARTICLE
Chicago
Thomas J. DeKornfeld
M. D
Louis Lasagna
Todd M. Frazier
Sc.m
Baltimore
Journal of the American Medical Association
St. Joseph’s
Immigrants Since 1947 Often Brings Skilled Workers
A study notes that about one in three immigrants arriving in the United States since 1947 possesses a professional, technical, or skilled background. The statistic highlights the strong contribution of educated migrants to the economy.
MENTIONED IN THIS ARTICLE
United States
Study finds no major differences among five drugs for pain relief
Researchers report two phase study using 298 maternity cases and 60 elderly patients examined the onset and duration of analgesia and stomach side effects. Excedrin and Anacin showed more upset stomach than Bayer Aspirin and similar drugs, while placebo produced fewer issues.
MENTIONED IN THIS ARTICLE
St. Joseph’s
Polish Official Says Bobby Stopped Trade
A Polish trade official accuses U S Attorney General Robert F Kennedy of pressuring to halt a helicopters for coffee deal between Poland and Brazil. Poland plans to barter 100 helicopters for about 10 000 tons of coffee in an 8 million dollar deal during Kennedy s Brazil visit.
MENTIONED IN THIS ARTICLE
Bobby
Warsaw
Poland
U.S
Robert F. Kennedy
Brazil
Kennedy
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By Joe Hall
Ai Mane
Weeeenvisede
Nease Bridge
Bowa
Hillcrest
Oth and
Lewa
Affiliated Fund
Chemical Fund Ae
Eaton & Howard Bal
Eaton & Howard Ltd
Fidelity Capital
Fundamental Invaaite
Keystone S
Ind
Turnpike Bonds
K.C
Mrs
Malvin William Icks Jr
Crane & Co., Inc
Eagles
Eve
Massachusetts
DeKornfeld
Baltimore City
Lasagna
Johns Hopkins School of Medicine
Frazier
Bureau of Biostatistics
Baltimore City Health Department
Alexander
New Year’s Buffet
Eldridge
Crystal
Capitol Federal
U. S
Kansas No
Financial Institution
Capitol Federal Savings
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