Stocking Stuffers From The Exchange Aims For Kids
The New York Stock Exchange advises member firms to promote Christmas gifts of stocks and savings plans to minors and relatives. Gifts such as U S Savings Bonds stocks and small plots of land in England are highlighted as growing assets. Tax rules let parents gift up to 3000 per child tax free, with 6000 total for both parents, while earnings from these gifts are taxed to the recipient.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York (Ap
New York Stock Exchange
Exchange
U.S
Old England
Castle Goring
Sussex
America
the Exchange
Capital appreciation tax treatment for child income
The text states that capital appreciation is payable by the child, not the parent, so the first $600 of profit is excluded automatically. The parent then retains the child as an exemption.
Army Develops Massive Dart-Form Artillery Round XM546
The Army units in Vietnam reportedly began using oversized artillery rounds that eject thousands of steel shafts over a wide area. Each 28 pound round is fired from a 105mm howitzer and bursts at a preset distance. The weapon, tested in the field, can target approaching enemy formations and has been described as causing severe casualties.
MENTIONED IN THIS ARTICLE
Washington
South Vietnam
Demilitarized Zone
Defense Department
Security Review Office
Defense
Pentagon
Army
Not Competent Barton Stanley Charged with Murder
Barton Stanley 24 is ruled mentally incompetent to stand trial for the fatal oct. shooting of his mother Mrs Jean Stanley 47 in the Stanley home Palatine Township northwest of Chicago. A Circuit Court jury declared him incompetent and Judge Richard J. Fitzgerald ordered custody by the Illinois Department of Mental Health.
MENTIONED IN THIS ARTICLE
Chicago
Barton Stanley
Stanley
Jean Stanley
Palatine Township
Richard J. Fitzgerald
Illinois Department of Mental Health
Roll of shelf paper makes big drawing papers
A roll of shelf paper provides ample, inexpensive drawing surface for children to create large pictures. It offers a wide, smooth area for coloring and imaginative artwork.
Morris Christmas Home Decorating Contest Opens
Entry blank available for any home within three miles of Morris Illinois. Mail by December 18 to Morris Chamber of Commerce. Judging set for December 19 and 20.
MENTIONED IN THIS ARTICLE
Morris
Morris Chamber of Commerce
Morris, Ill
Percy Sees South Vietnam Must Sacrifice to Hold Nation
Sen. Charles H. Percy left South Vietnam after a five day visit urging Saigon to shoulder more responsibility or lose to communism. He pressed for national sacrifice and faster Vietnamization under military control and dismissed a presidential bid while noting long term U.S. aid and reform.
MENTIONED IN THIS ARTICLE
Saigon
Charles H. Percy
R-Tll
South Vietnam
Percy
Vientiane
Laos
Japan
William C. Westmoreland
United States
U.S
Senate
Illinois Fifth In Vietnam Battle Deaths
Washington AP report shows California led U S battle deaths in Vietnam with 1,289. New York 988, Pennsylvania 814, Texas 789 and Illinois 703. Nonhostile deaths include California 227. list of top 15 states by hostile deaths includes North Carolina 366 and Georgia 352.
MENTIONED IN THIS ARTICLE
Washington
California
U.S
Vietnam
Pentagon
New York
Pennsylvania
Texas
Illinois
Ohio
Michigan
Florida
New Jersey
Indiana
No Irish Trains Canceled Over Foot and Mouth Risk
British Railways canceled all train services to Ireland on Wednesday night at the Irish government's request to prevent foot and mouth disease from crossing the sea to Ireland.
MENTIONED IN THIS ARTICLE
London
British Railways
Ireland
Britain
Georgia lawmaker backs study of gas chamber over electric chair
Rep. Hines L. Brantley of Metter on a Georgia House committee urged researching replacing the electric chair with the gas chamber. He called the gas chamber more humane to criminals and their families after witnessing an execution.
MENTIONED IN THIS ARTICLE
Atlanta, Ga
Georgia
Hines L. Brantley
Metter
Brantley
Unusual Auction Planned by Los Angeles Sheriff Sale
Los Angeles shoppers will find a different Christmas gift option as the Los Angeles Sheriff Department schedules an auction Saturday of 500 stolen articles to raise funds and showcase recovered items.
MENTIONED IN THIS ARTICLE
Los Angeles
Sheriff's Department
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