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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Jan 09, 1967
Page
12
The article explains that all stock sales in 1966 must be reported on Schedule D attached to Form 1040. It details separating short-term (≤ six months) and long-term (> six months) gains or losses, netting each, and combining results. It covers 50 percent deductions, loss carryovers, and the shift from five-year expiration to indefinite carryforward for losses. (NEXT: Accounting for the sale of a home.)
Granville Butch Stockton, 20, of Denison, held on 25000 bond in Sherman, will be moved to a federal hospital in Fort Worth for psychiatric examination once Judge Joe Sheely signs the commitment order. The transfer was delayed as the judge was in Tyler hospital with a heart attack. Dublin Irish beauty contest winners will get screen tests.
Sophia Loren, 31, was rushed to a Rome clinic on doctor orders after a possible miscarriage. Doctors said she would not need surgery and is in good condition and resting. Carlo Ponti visited and offered no comments.
FBI identified Richard James Paris, 28, a two time Army deserter missing from Ft Ord California, as the man who exploded the Orbit Inn Motel in downtown Las Vegas. The blast killed six people including Paris and his wife and injured at least 12. Police say Paris loaded 50 sticks of dynamite and intended to blow up his car but changed plans and took it to a second floor motel room. The explosion caused $200000 in damage and shattered surrounding area. Among the dead were John R Auwaerter Lillian Brooks and Arnel Thorn ton. A survivor described the blast as likened to an a bomb with a sulfur odor. Paris bought the dynamite in Phoenix and obtained a transport permit before the attack.
The State Department said at Communist China request about 48 fishermen rescued from a Gulf of Tonkin storm will be sent home via a Red Cross arranged handover. They were picked up by a U S destroyer December 3 4 and evacuated through Vietnam to Hong Kong for transfer to the Chinese Red Cross.
Health Secretary Paulino Garcia said 87 people were killed and 62 injured when two buses plunged into a ravine south of Manila. The figures updated the casualty toll to 149 from the Friday crash, blamed on reckless driving or defective brakes. President Marcos ordered prosecution of the bus company after investigators blamed the mishap.
Gov George Poulet told about 5000 residents on St Pierre Miquelon that U S interests will establish two fishery plants near the islands. The plants would be supplied by 2 to 12 new trawlers. He did not name the U S interests.
A small frame house fire in Richmond, fanned by strong winds, trapped four residents inside. Victims include Ruby Lee Berry, 48, her son Andrew, 8, Jerry Lynn Nix, 6, and an unidentified man later named as Dick Flakes. The man was burned in bed. others were found near a back door. Fire officials seek cause.
Twenty percent of freshmen at 251 colleges admit cheating on exams in the past year among 206 865 respondents. The American Council on Education reports 24 percent of men and 16 5 percent of women, with figures consistent across public private two and four year institutions.
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