Day of Reckoning Here Tax Law Aspirin Sought
AP analysis outlines tax loss selling as a tool for investors hit by a 1966 market drop. It notes deducting up to 1000 in stock losses, carryover rules, and that paper losses don’t count. The piece warns of speculative excess and highlights SEC and exchange cautions amid a sharp decline. Only a portion of the piece references the odd letter investor behavior and market history from 1962 to 1966.
MENTIONED IN THIS ARTICLE
John Cunniff
AP Business News
NEW York (Ap
Securities and Exchange Commission
American
New York Stock Exchanges
New Mexico State Library Moves to New Santa Fe Home
The New Mexico State Library, long housed in odd locations including a prison and a girls dormitory, prepares to open in a purpose built facility. The $918,100 building offers 58,000 square feet, capacity for 370,000 volumes, and space for films braille and talking books for the blind.
MENTIONED IN THIS ARTICLE
ADV
PMS
New Mexico State Library
Santa Fe
State Library
Bill Feather
State Capital
New Mexico
Library Extension Service
Museum of
Extension Service
Palace of the Governors
State Library Commission
Museum
Thomas J. Mabry
Laughlin
Don Gasper
East de Vargas
Capitol
Laughlin House
Dorothy Watkins
Allison James School
Rising Rates Push Federal Cap on Home Mortgages
Washington AP reports rising interest rates push the federal government to raise the guarantee and insure mortgage ceiling from 5 1 4 percent to 6 percent. The move, the third this year, aims to ease mortgage financing costs though VA and FHA guarantees remain unaffected. Housing Secretary Robert C Weaver said the ceiling could lower seller financing premiums and attract mortgage money.
MENTIONED IN THIS ARTICLE
Washington
Veterans Administration
Federal Housing Administration
Robert C. Weaver
Housing and Urban Development
Doctors Quit Smoking Boosts Health Trends
A Chicago survey shows 92 percent of American doctors do not smoke with many quitting due to lung cancer risk. A new nicotine reducing tablet aided by the Anti Tobacco Center of America claims under 2 percent still smoke among 150,000 users. Free information offered by mailing name and address to the center in New York.
MENTIONED IN THIS ARTICLE
Chicago
Anti-Tobacco Center of America
Anti- Tobacco Center of America
Dept
Fifth Avenue
New York
Voice Differences Between Genders From Vocal Anatomy
A historical claim notes that Philadelphia women typically have higher pitched voices than men due to shorter vocal chords. The assertion relies on anatomy to explain vocal pitch differences between genders.
MENTIONED IN THIS ARTICLE
Philadelphia
Who Uses the Most Water in U S Industry
Commerce Clearing House reports steel mills top national water users, consuming over 32 percent of 14 trillion gallons used in production. Steel uses about 4.5 trillion gallons annually, chemicals and allied products 3.8 trillion, with the food industry at 760 billion gallons. The figures derive from a government survey covering 18 basic industry groups.
MENTIONED IN THIS ARTICLE
Chicago
Commerce Clearing House
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