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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Jul 14, 1965
Page
7
The piece explains capital gains rules: profit equals the difference between sale proceeds and cost basis. Long term gains apply after six months, short term under six months, both must be reported on Schedule D. It contrasts stock sales with home sales and notes tax deferral for home steps, but warns such misinterpretations are risky.
Washington reports outline four versions of how Lyndon B. Johnson became John F. Kennedy’s running mate in 1960. Stories cite Kennedy prompting Johnson, Johnson’s delay with Rayburn, and Lawrence’s Washington Post sourced account of a leaders group backing Johnson as the balanced choice with geographical considerations.
A one car collision on U S 66 east of Holbrook claimed six lives including Roy Dunnin 56 and his wife Ethel 47 and their children Julie 7 Samuel 6 Connie Sue 15 all from Pittsburgh California. Jesus Garza Leal 51 from Austin Texas also died when his car overturned two miles east of Truxton likely due to sleep at the wheel. The year to date traffic toll rose to 279.
Police hunt a so called mad bomber blamed for three of four blasts in the past week as they blend with crowds to trap the suspect. A $20,000 reward is offered for information leading to his capture by authorities including Chicago police and the Wrigley Co.
President Johnson selected Dr Penelope Thunberg the CIA official to become the first woman member of the U S Tariff Commission. She is deputy chief of the CIA office of research and is a Phi Beta Kappa economics expert. The nomination increases the six member commission.
Washington UPI reports a used truck painted like a telephone company vehicle may be offered for sale in the Pittsburgh area by the Internal Revenue Service. The subcommittee shows photos of the vehicle used by revenue agents to tap lines, with overzealous gear possibly misused, and hints of selling mirrors and bugging gear.
An unusually slick real estate ad touts a range of homes in the Scottsdale area with 3 to 8 bedrooms, 2 baths, and redecorated interiors. Prices span from 14 700 to 19 000 dollars, with features like kitchens with built in ranges, dishwashers, tile floors, and fenced yards. Properties near East Osborn, Hohokam and Coronado high districts advertise vacant status and easy terms. Tom Fannen, Realtor, 5103 E Thomas Rd, 959 1700.
A dense classified ad describes multiple Phoenix area residences with 2 to 4 bedrooms, 1 to 4 baths, family rooms, patios, pools, and upgraded features. Properties include 4539 E Vermont Ave with 3 beds, 2 baths. 5519 N Calle del Santo. 7052 E Berniel. and 7000 E Camelback listings. Prices range from 21 500 to 55 500 with contact Robert Crouch, Realtor, Scottsdale offices.
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