Tax rules ease expense deductibility crackdown
Washington imposes softened limits on expense account deductions while final guidance arrives in February. Caplin says new records are reasonable and practical, with receipts not required for single $25 host dinners and allowances for January expenses under review as the rules take effect January 1.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue
Mortimer M. Caplin
Caplin
Busi
Co-ops Face Higher Tax Under Kennedy Revision
Washington reports a $35 million annual tax rise for cooperatives and patrons under a Kennedy tax revision effective January 1. The plan closes the non cash distribution gap by taxing patronage refunds to members, with at least 20 percent cash disbursement required by co opps. Electric, telephone, and some irrigation co-ops remain tax exempt.
MENTIONED IN THIS ARTICLE
Washington
Kennedy
Congress
Acting Recreation Director Selected
James W. Mauermann named acting park and recreation director to replace Jerry Coplien who resigned effective Jan. Mauermann, son of Mr. and Mrs. Williard G. Mauermann, started as a filter operator at the swimming pool 40 years ago. He graduated Monroe High School in 1960 and Green County Teacher's College in 1962. The Park Board approved the action at a Commercial Bank meeting yesterday afternoon. Board President Lee Mitchell said salary would be set after City Council meeting.
MENTIONED IN THIS ARTICLE
James W. Mauermann
Jerry Coplien
Jan. J. Mauermann
Williard G. Mauermann
Monroe High School
Green County Teacher’s College
Mauermann
Park Board
Commercial Bank
Lee Mitchell
Skybolt Missile Test Questioned by New Calculations
Washington reports new calculations cast doubt on Skybolt’s lone reported success last week. Five prior failures preceded a near miss on Saturdays test, with officials noting accuracy was not the primary goal and further data analysis may revise the estimate.
MENTIONED IN THIS ARTICLE
Washington
Douglas Stays Railway Changes
Justice Douglas granted a stay of a lower court ruling that would have let railroads reorganize employee practices. The U S Circuit Court of Appeals in Chicago had ordered the change take effect Jan 2, but the stay extends to Jan 9 to allow a formal appeal to the Supreme Court. Union counsel argue the case raises key Railway Labor Act interpretation issues.
MENTIONED IN THIS ARTICLE
Washington
Douglas
Supreme Court
U.S. Circuit Court of Appeals
Chicago
Circuit Court
Stocks End Year With Mixed Movements In Quiet Trade
In New York investors lingered through dull year end trading with few big moves. IBM rose slightly while major steelmakers eased. GM Ford and American Motors edged down and Studebaker held steady as 1962 neared its close.
MENTIONED IN THIS ARTICLE
New York
IBM
Ford
American Motors
Studebaker
Cheddar Mart Quiet In Green Bay Trading
GREEN BAY The Wisconsin Cheese Exchange reports a quiet day with one car State brand pasteurized single daisies sold at 36 cents. An additional car remained uncovered at close along with one car State brand pasteurized longhorns at 37. Unfilled bids at close included two cars State brand 40 pound block at 34 percent and two cars State brand cheddars at 34 percent.
MENTIONED IN THIS ARTICLE
Green Bay
Wisconsin Cheese Exchange
U.N. Forces Battle Katanga Troops in Elisabethville
Reports from Europe describe violent fighting between U.N. troops and Katanga forces in Elisabethville with casualties on both sides. U.N. and British officials seek a cease fire as communications are cut and claims of shelling near a hospital surface.
MENTIONED IN THIS ARTICLE
Brussells
Belgium
U.N
Elisabethville
Europe
Eliud Mathu
Moise Tshombe
Katanga
London
U.S
Northern Rhodesia
Leopoldville
United Nation
Congo
India and Pakistan halt Kashmir talks after single session
In Rawalpindi both sides stood firm on their claims to Kashmir and broke off the ministerial talks after one session. They planned to reconvene in New Delhi on January 16 and 17, but observers warned chances for a settlement are slim.
MENTIONED IN THIS ARTICLE
Rawalpindi
Pakistan
India
Kashmir
New Delhi
New Glarus Approves 300000-Gallon Water Reservoir
New Glarus gains authorization to build a 300000 gallon steel water reservoir with automatic pump control at an estimated project cost of 27500 dollars. It will replace a 55000 gallon masonry tank deemed insufficient for fire protection.
MENTIONED IN THIS ARTICLE
New Glarus
Probes Shake-Downs In Milwaukee Taverns
Investigation into reports of shake downs of tavern operators centers on the jukebox and liquor business and will include all taverns in the city, a police official said.
MENTIONED IN THIS ARTICLE
Milwaukee
Donovan says he led Cuba prisoner swap without Kennedy
Attorney James B. Donovan tells the Washington Star that he alone directed the operation bringing 1,113 Cuban invasion prisoners to the United States. He says Kennedy would have hindered, but the missile crisis in October forced reliance on his leadership. Donovan, linked to the Cuban Families Committee, was negotiating a $53 million aid package with Cuba.
MENTIONED IN THIS ARTICLE
Washington
James B. Donovan
Robert F. Kennedy
United States
Washington Star
Donovan
Kennedy
New York
Senate
Lake Placid
N.Y
Fidel Castro
the Star
Democrats Pick Senate Leaders in Wisconsin
The Wisconsin State Senate Democrats chose leadership for the 1963 session starting January 9. Senate floor leader is Richard Zaborski of Milwaukee with Lynn E. Stalbaum of Racine as assistant. Norman Sussman of Milwaukee is caucus chairman and Charles Schmidt of Milwaukee is caucus secretary. Three policy committee members were named: Fred Risser of Madison as chairman, Casimir Kendzierski of Milwaukee, and Frank Christopher of Superior.
MENTIONED IN THIS ARTICLE
Madison
State Senate Democrats
Richard Zaborski
Milwaukee
Lynn E. Stalbaum
Racine
Norman Sussman
Charles Schmidt
Fred Risser
Casimir Kendzierski
Frank Christopher
Superior
Risser
Cuban Exiles Renew Talk of Invasion Returns
Exiled Cubans celebrate freed prisoners and arriving relatives as plans for renewed anti Castro action surface. Manuel Artime and invasion chiefs met with President Kennedy in Palm Beach as the Bay of Pigs brigade prepares for future operations. Kennedy to attend Orange Bowl ceremony honoring the brigade.
MENTIONED IN THIS ARTICLE
Miami
Fla
Fidel Castro
Manuel Artime
Kennedy
Palm Beach
Papa Kennedy
White House
Orange Bowl
Cuban Revolutionary Council
Bay of Pigs
Cuba
Russia
U.S. Department of Health, Education and Welfare
New York
James B. Donovan
U.S
Havana
Artime
Jose Perez San Roman
Erneido Oliva
Khrushchev Letter Denounces Adenauer Over Berlin Tension
A Khrushchev letter accuses German Chancellor Adenauer of inciting Berlin trouble and steering the world toward war, describing Bonn claimed Western actions as grotesque and misinformed.
Civic Hostess Program Aids 76 New Monroe Families
The Chamber of Commerce reports in nine months 76 new families welcomed to Monroe. 132 children in 55 homes visited. nine homes had retirees, six had newlyweds. Nearly all residents were gainfully employed, church members, and content in Monroe.
MENTIONED IN THIS ARTICLE
Chamber of Commerce Today
Monroe
Karl F. Koch
4 H Leaders Banquet Honors Longtime Adult Volunteers
County 4 H adult leaders received service awards at the annual banquet in the high school M Room. A record 214 attended as spouses and project winners were invited for the first time. Vernon Olson spoke on farm population decline and land conservation while emphasizing continued club involvement.
MENTIONED IN THIS ARTICLE
Vernon Olson
Holstein - Freisian Association
R. J. Douglas
Olson
Douglas
Ben Zimmerli
Commercial and Savings Bank
Clarence Grundahl
John F. Kundert
Calvin Kraemer
Kraemer
Kenneth Hartwig
Frank Hinebaugh
Clarno-Staver
Clarno
Audrey Beach
Karen Herbert
Jane Huffman
Janis Sandley
Renee Schuetz
Willis Riemer
County Agricultural Committee
Jake Senn
Prine Named Darlington Police Chief in City Shakeup
LeRoy Prine was appointed chief of police by Mayor Reichling replacing Arthur Cornwell who quit after a dispute. Hampton Lindholm named assistant chief. John Harwick hired patrolman at 4000 first six months, with 4300 later. J W S Wilson becomes parking meter tender. Prine earns 3600 weekly 40 hours and will work nights, also custodian of Union Grove cemetery. Cornwell previously earned 4600.
MENTIONED IN THIS ARTICLE
Darlington
LeRoy Prine
Francis E. Reichling
Prine
Arthur Cornwell
Reichling
Hampton Lindholm
John Harwick
Shullsburg
J. W. S. Wilson
Cornwell
Union Grove Cemetery
Sheriff-elect Coopman names undersheriff Haare
Ed Coopman the sheriff-elect of Oconto County announces Rupert Haare as undersheriff after defeating Haare for the Republican nomination. He pledges to close ranks and unite the party following the election.
MENTIONED IN THIS ARTICLE
Oconto
Oconto County
Ed Coopman
Rupert Haare
Country Club Approves Expansion Plan for Monroe Clubhouse
Monroe Country Club stock holders voted almost unanimously to authorize the 60 000 expansion of the clubhouse doubling locker room space and adding a new lounge and storage. The project runs on low bids with Joe Kuhne as general contractor and P J Connors Jr for plumbing and heating.
MENTIONED IN THIS ARTICLE
Charles Mathias
Robert G. Rote
Mathias
Anthony Kuban
Joe Kuhne
P.J. Connors Jr
Coin Change Figure Jailed by Rock County Court
Sherman Albert Gerner 53 of Dearborn Michigan received 60 days in the county jail and a $200 fine after conviction in Rock County Court on fraud charges. He was accused of short changing the Bank of Edgerton with rolls of coins.
MENTIONED IN THIS ARTICLE
Janesville
Sherman Albert Gerner
Dearborn
Mich
Rock County
Bank of
Edgerton
Also Mentioned on This Page
Skybolt
Cheddar Mart
Port Everglades
Atty. Gen. Kennedy
Harvey E. Elmer
Pleasant
Spring Grove
Henry V. Baebler
John Morgenthaler
Albany
Times
Walton Campbell
John Bollig
Dayton
Fred Schindler
Ernie Riese
Decatur
Albert Deppelerx
Argus
Ray Montgomery
Browntown
Busy Beavers
Lester Witt
Dutch Hollow
Boyd Atkinson
Oak Corners
Monroe Country Club
Rock Court