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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Mar 15, 1981
Page
8
In Ellsworth Kansas population 2500 a former 130000 square foot wiring harness plant tied to Ford and Chrysler layoffs, reducing area payroll by millions. Mayor Lewis McAfee cites lost spending while workers seek jobs in Russell Salina and Great Bend. unemployment insurance and Trade Readjustment allowances factor into relief.
Taxpayers preparing returns should consider filing status, dependents, and exclusions for gifts inheritances and Social Security benefits. Credits reduce liability dollar for dollar, with energy credits, elderly and dependent care, earned income credits, and political contribution rules outlined, plus guidance on energy conservation and home basis adjustments.
New York AP reports assets of money market mutual funds rose to a record 101.2 billion this week, surpassing the 100 billion mark for the first time. About 100 funds tracked by the Investment Company Institute gained 3.2 billion from the prior week, with inflows totaling over 25 billion since January.
Seattle based Eddie Bauer Inc grew from a mail order firm to a widespread retail chain. General Mills acquired the company in 1971 and steered a shift from tennis and golf wear to practical outdoor apparel. By 1980 Bauer operated 16 stores in the U.S. and Canada, with $80 million in sales and extensive product lines beyond gearincluding fleece, home textiles, and seasonal clothing.
Anheuser-Busch Inc reports fourth quarter 1980 Kansas volume up 21.3 percent to 87,685 barrels from 72,271 in 1979. Budweiser sales led with a 24.5 percent increase. Security Benefit Life changes name to The Security Benefit Group of Companies led by Archie Dykes as president and CEO. Sunflower Cablevision earns ACE award nomination for Bringin It All Back Home about the Lawrence music scene. final judging in March in Washington and winners announced in June in Los Angeles.
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