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Newspaper
Rock Valley Bee
Location
Rock Valley, Iowa, United States of America
Date
Dec 08, 1977
Page
11
Directors of school and church Christmas programs are praised for their patience and for creating festive moments. The text mentions Christmas TV specials, handmade gifts by children, and calm evenings with games like Candyland Old Maid Snap and Clue.
A reflective piece on the growing need for marriage counseling and how cold weather and wind lure one to stay in bed. It considers how time dulls enthusiasm and how Christmas cards from distant friends arrive with only a signature. It notes the gap between wishes for peace and the effort to cultivate it.
CPAs urge year end planning to cut taxes focusing on itemizing versus the new fixed standard deduction of 2200 for individuals and 3200 for married couples. They note change narrows deduction, advise timing deductions, IRAs, TRAs, and capital loss offsets, and warn on estimated travel deductions and taxes withheld.
Iowa Congressman Bedell praised the USDA grain storage program which allows farmers to obtain 90 day government loans on grain stored on the ground or in temporary bins. Producers can repay at maturity or secure permanent storage and a regular non recourse loan later with risk for grain loss during the loan period. Bedell noted Northwest Iowa farmers raised the storage issue and welcomed USDA action.
The Farmers Forum on January 4, co sponsored by Westmar College and the LeMars Chamber of Commerce will cover government drug regulation in animal feeds and rising foreign exports of U S agricultural products The panel includes Dr C E Van Houweling Dr Russell E John Dr Kenneth Fertig and others from USDA Farmland Industries and industry groups Inquiries to the LeMars Chamber of Commerce 712 546 5306
Senator Dick Clark reports that Congress will consider reforms to federal farm credit next year. The plan would raise loan limits for Farm Home Administration loans to 200000 for ownership and 100000 direct operating loans, with 200000 for guaranteed loans. Clark notes drought and low prices have strained farmers and banks, driving slower loan repayments across the Minneapolis Fed District. He says hearings show a need to adjust institutions so credit serves farmers better.
The infrared thermogram project sponsored by Towa’s utility companies will begin survey flights after preliminary test results. Announced in October, it is the first state wide thermo gram effort with more than 800 communities to be examined. The goal is to identify poorly insulated homes and buildings to reduce energy waste.
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