Prepaid feed deduction sparks IRS cattle industry alarm
In Dallas the cattle feeders, led by the Cattle Feeders Tax Committee and allied associations, warned that IRS plans to disallow pre paid feed deductions could curb beef supplies and lift consumer prices. They say deductions for feed paid in year one but consumed in year two would be denied, potentially distorting income and reducing investment in Texas cattle production.
MENTIONED IN THIS ARTICLE
Dallas, Tex
Internal Revenue Service
IRS
Cattle Feeders Tax Committee
The
American National
Cattlemen’s Association
National Livestock Tax Committee
National Office
Dallas
Western Beef Cattle Fund, Inc
Amarillo
H.C
Ladd” Hitch
Guymon
Okla
Treasury Department
House
Ways and Means Committee
Congress
Hitch
Ball
Gasoline supplies improve as Labor Day threats fade
The American Automobile Association reports improved gas availability for the eighth straight week, easing fears of station shutdowns over the holiday weekend. The roundup spans reports from multiple cities including Austin and Washington.
MENTIONED IN THIS ARTICLE
Washington
American Automobile Association
AAA
Lawyers seek to halt psychiatric exam in mass slayings case
Lawyers for Elmer Wayne Henley 17 plan to petition the Texas Court of Criminal Appeals in Austin to stop a psychiatric examination order. Harris County Medical Examiner Dr. Joseph Jachimczyk identifies the 15th victim Homer Garcia 15, elder son of Mr. and Mrs.
MENTIONED IN THIS ARTICLE
Wayne Henley
Harris County
Joseph A. Jachimczyk
Homer Garcia
Louis Garcia
Houston
Garcia
Sam Rayburn Reservoir
San Augustine
High Island
Tex
Henley
Sam Rayburn
David Owen Brooks
Harris Counties
State District Court
William M. Hatten
Brooks
Charles Melcher
Edwin Pegelow
Harris County Dist
Atty
Carol S. Vance
Ted Musick
Dora Garcia
Jones apologizes for hiring Baker and Griebel
Austin Texas AP executive director Delwin Jones apologized for hiring two staffers without committee approval. The hearing marked by Rep Luther Jones charging rule violations over George Baker and Bonnie Griebel who joined July and August respectively.
MENTIONED IN THIS ARTICLE
Delwin Jones
Griebel
H.J. Blanchard
D- Lubbock
Blanchard
Bill Hobby
House
Jones
Baker
Rep. Jones
Stockholm bank siege ends as hostages freed
In Stockholm authorities stormed Kreditbanken vault where gunmen Jan-Erik Olsson and Clark Olofsson held four people for 132 hours. Tear gas and lights out breached the vault. two hostages and two officers were injured but no one was killed. Olsson and Olofsson surrendered. hostages reported no rapes and expressed relief that none were harmed.
MENTIONED IN THIS ARTICLE
Stockholm
Kristin Enmark
Jan-Erik Olsson
Clark Olofsson
Miss Enmark
Sabbatsberg
Olsson
Kreditbanken
Olofsson
Japan bound cattle shipped from Moses Lake to Japan
131 Hereford cattle weighing about 538 pounds each were flown to Japan on a Flying Tiger DC8 for fattening to 900 to 1,000 pounds. The shipment costs totaled 324 500 about 30 cents a pound, as observers note potential tariff changes and relaxed quotas could expand future exports. Airline officials and Port of Moses Lake executives expect more shipments.
MENTIONED IN THIS ARTICLE
Moses Lake
Wash
Japan
Washington State Beef Commission
Dick Golob
Flying Tiger Lines
Washington
Seattle
Yoshiro Yasui
Yasui
Ed Rees
Dave Bailey
Golob
Syrian assassination bid ends in deaths of officers
Syrian secret police executed two army officers after an abortive July 12 assassination attempt on President Hafez Assad. Diplomats say about 60 officers disappeared following arrests as Sunni militants opposed Assad’s Alawite-led regime. The crackdown followed sectarian riots across Homs Hama Aleppo and Latakia leaving at least 55 dead and 66 wounded.
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Damascus
Syria
Hafez Assad
Secret
Assad
Col
Rifaat Assad
Beirut
Baath Socialist Party
Mustafa Tlas
Homs
Hama
Aleppo
Latakia
Kissinger seeks to keep Rogers era staff in place
Henry Kissinger plans to ask most State Department officials who served under outgoing Secretary William Rogers to stay on when he becomes secretary. He has already asked Deputy Secretary Kenneth Rush to stay, with Rush agreeing, and may extend the request to all under secretaries and assistant secretaries. He aims to involve department officials in key policy decisions and assign Rush a lead role on European affairs. Sonnenfeldt and Eliot Jr. were among officials summoned to discuss manpower and policies.
MENTIONED IN THIS ARTICLE
Washington
Henry A. Kissinger
State Department
William P. Rogers
Kissinger
Kenneth Rush
Rush
San Clemente
Calif
Helmut Sonnenfeldt
Europe
White House
the Treasury
U.S
The Red Devil Alfred Letourneur of Central Park
A six year old bicyclist in Central Park is nicknamed The Red Devil for years of riding in the park. Alfred Letourneur, famous in the 1930s and 1940s, remains devoted to biking and helps coordinate the annual Bicycle Marathon in Central Park.
MENTIONED IN THIS ARTICLE
New York
Central Park
Red Devil
Alfred Letourneur
Letourneur
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