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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Aug 05, 1975
Page
4
Questions cover using bonds or mortgage loans to fund retirement, taxes on interest, reinvestment choices with AAA bonds, Keogh plans, and monthly investment setup. Answers advise caution with E bonds, favor insured savings options, and warn against tying funds entirely to nonproductive bonds while outlining extension uncertainties.
London based shipping experts warn the 200,000 ton supertankers may become uneconomical as a global tanker glut deepens after the Arab oil embargo. Idle tonnage ranges from 3.3 to 11 percent of world fleet, with more ships laid up or headed for scrap as demand collapses and new orders stall.
Santa Fe committee reviews repealing a 1976 act allowing Artesia to become a four year public college. Dora McCord cites local funding through property taxes and bonds, while staff prepare repeal legislation for later committee action. Debate notes potential impact on regional vocational and public education structures.
Treasurer Jesse James reported Monday that a total of 280 dollars in cigarette taxes was collected in July, an increase of 60 dollars over the same month in June. The amount reflects higher tobacco levies and state revenue efforts.
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