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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Dec 09, 1977
Page
2
Country singer Webb Pierce intends to build a guitar shaped swimming pool opposite the Country Music Hall of Fame and Museum amid Nashville music row concerns.
The infant son of Princess Anne and Capt. Mark Phillips, born 24 days earlier, was named Peter Mark Andrew Phillips and christened at Buckingham Palace on December 22 by the Archbishop of Canterbury. Godparents include Prince Charles and four of Anne and Phillips’s friends.
Liza Minnelli woke to flames in her furnished Central Park South penthouse bedroom. She called the operator, escaped in slacks and sweater, and praised the fire department arriving in under five minutes. No injuries reported and cause undetermined.
Jeff Carter and his wife Annette sold a collection of their White House photographs to Time Inc. for 10000 dollars. The images will appear in Life magazine’s year end issue, proceeds benefiting several charities, and are the only authorized publication plans while the president remains in office. A separate note mentions Pope Paul VI during the Feast of the Immaculate Conception in Rome.
President Carter adviser Jody Powell rejected a syndicated claim that the president seeks guidance from Billy Graham. Powell denied an Evans Novak column asserting an ecumenical political link between Carter and the evangelist.
Portland AP. Jack Ford, 25, son of former President Gerald Ford, says he was tempted to run for Congress but is glad he declined. He describes himself as a forester and ecologist and says politics would not have fully committed him.
Conferees remove a roadblock on the Social Security bill but face new collapses in the compromise. Moynihan welfare amendments trigger House opposition yet administration shifts permit ties to Carter welfare revision. A $187 million federal grant is key, with broader tax and college credit disputes looming.
Tax rules for selling a home allow capital gains exemptions if you reinvest, and let you lower the tax by adding buying costs such as title work and points to the basis. Capital improvements like a finished attic or new kitchen also add to the original price. Selling costs including commissions and fees reduce the sale price, and expenses within 90 days of sale qualify.
New York stocks rose on easing dollar signals with the noon Dow up 5.46 to 812.37 and the Market Value Index advancing .42 to 123.61. Gainers outnumbered decliners 3 to 2 on the NYSE as volume reached 7.67 million shares by noon.
Analysts say a dollar upturn beginning Thursday boosted market sentiment after a recent slide in the currency restrained foreign stock buying. No strong reaction to the Fed’s Thursday report of a 1.8 billion dollar rise in the money supply. USLIFE led early gainers, trading around 19 with a 241,400 share block at 18.5. The NYSE composite rose to 51.59. At the American Stock Exchange trading continued.
Democratic state senator Gladys Hansen, the only woman in the New Mexico Senate, announces her run to become the state’s first female lieutenant governor. A Las Cruces resident since 1949, she rose from city clerk to Dona Ana County clerk, to the Senate where she serves on the Finance Committee. If elected, she and her husband Bernard would move to Santa Fe and she would serve full time.
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