Capital gains fight in Washington over tax ceiling
Wall Street lobbyists urged the Senate Finance Committee to block House changes raising the capital gains tax ceiling from 25 to 35 percent for high bracket earners. They warned higher taxes would curb investment and growth, while Treasury and Regan said the changes would curb risk capital and boost consumption.
MENTIONED IN THIS ARTICLE
Washington
UPI
Wall Street
Capitol
Nixon
Senate Finance Committee
House
Robert W. Haack
New York
Stdatic Exchange
Donald T. Regan
Merrill, Lynch,Pierce, Fenner, and Smith, Inc
Treasury
David_M. Kennedy
Regan
Association—Of Stock Exchange
Barricades in Belfast Began Down as Army Moves In
British troops dismantled six barricades on Falls Road and Divis Street after a meeting with Northern Ireland authorities. The operation aimed to reduce Catholic barricades despite protests from Catholic leaders and militants. About 160 barricades remain, with Catholic factions split on cooperation.
MENTIONED IN THIS ARTICLE
Belfast
Northern Ireland
UPI
Fails Road
Jan. Freeland
Divis Street
Falls Road
Falls
William Philbin
Nevada hears blast from hydrogen weapon test
A new hydrogen warhead was detonated underground near Pahute Mesa Nevada. The 3 800 foot deep test created a 700 foot cavern displaced 10 million tons of rock and rattled Las Vegas resorts. No radioactivity was reported and Air Force Gen. Giller said it is not an extension of the Boxcar program.
MENTIONED IN THIS ARTICLE
Robert C. Miller
Pahute Mesa, Nev
UPI
Las Vegas
Mesa
Frenchie la France
Air Force
Edward 8. Gillér
United States
Viet Cong denounces Nixon plan on Vietnam pullout
Hanoi upholds demand for immediate full withdrawal of all U.S. troops from Vietnam. Viet Cong statement condemns Nixon move while Hanoi says four Dallas wives of shot down pilots were invited to meet officials as talks continue.
MENTIONED IN THIS ARTICLE
Paris
UPI
Nixon
Etna
Hanoi
Vietnam
Texas
North Vietnam
Provisional Revolutionary Government
Viet Cong
Dallas
Tex
U.S
Haynsworth Denies Conflict Claims as Senate Hearing Opens
Judge Clement F. Haynsworth Jr. faces accusations of special interests seeking to block his Supreme Court nomination. He says a 1963 textile case ruling and a vending firm connection are unrelated to his duties. Supporters Hollings and Thurmond back him as ADA NAACP AFL CIO opposition is expected.
MENTIONED IN THIS ARTICLE
4Th
U. S. Circuit Court of Appeals
Haynsworth
Ernest
F. Hollings
D-S.c
Strom Thurmond
R-S.c
Hollings
Nixon
Democratic Action
ADA
NAACP
Afl-Cio
Roy Wilkins
George ‘Meany
Automakers Under Attack In FTC Price Ad Hearings
Rep. Benjamin Rosenthal charged big carmakers dominate the market with little competition as FTC hearings open on auto price advertising. Ford marketing VP John Nevin supported posted suggested retail prices to avoid market confusion. The FTC probes possible trade rule to regulate car price ads.
MENTIONED IN THIS ARTICLE
Washington
UPI
Benjamin S. Rosenthal
D-N.y
Rosenthal
House Consumer Subcommittee
Federal Trade Commission
John J. Nevin
Ford
Turkish student hijacks airliner to Sofia with toy pistol
A Turkish Airlines Viscount turboprop plane carrying 61 people was hijacked by a university student in his early 20s using a toy pistol. The craft landed in Sofia where the hijacker was arrested. all passengers and crew were unharmed and returned to Turkey. The hijacker’s identity was not released pending a formal communiqué.
MENTIONED IN THIS ARTICLE
SOFTA
Bulgaria
UPI
Sofia
Turkey
Turkish Airlines
Istanbul
Nazmi Kirsever
Kirsever
Hijdéker
Ankara
Samsun
Burglary Hits Fowler McCormick Ranch Again
Police report two houses on the Fowler McCormick Ranch at 7800 N Scottsdale Rd broken into Monday between 7 and 11 15 am. No items were taken this time though a stereo tape deck and liquor were stolen in an earlier burglary at the same property.
MENTIONED IN THIS ARTICLE
Fowler _ McCormick
N. Scottsdale Rd
Obituaries for Walter E. Allison and Larry Helton
The Rev Walter Earl Allison 68 died at home in Scottsdale Arizona services and interment planned in Decatur Illinois. Survivors include wife Pansy four daughters a son a brother and three sisters and 12 grandchildren. Larry J Helton 29 died in a boating accident at Lake Pleasant Arizona. He worked in sheet metal for Goettl Bros and was a member of Local 359. Visitation for Helton was scheduled today with burial at Green Acres Memorial Gardens after Wednesday services.
MENTIONED IN THIS ARTICLE
Walter Earl Allison
E. Osborn
Decatur
Til
Allison
Shelbyville
Tll
Church of the Nazarene
Illinois
Scottsdale
Pansy
Walter E. Jr
Belair
Messinger Mortuary
Larry J. Helton
Lake Pleasant
Green Acres Memorial Gardens
Oklahoma City
Helton
Arizona
Goettl Bros
Sheet Metal Workers Union
First Baptist Church
Tempe
Phoenix Union High School
E. Oak
Larry Scott
Joe) . Helton
Phoenix
Elmar “Shade
Halloween play tryouts planned
Tryouts for a children's Halloween play titled The Unwicked Witch will be held tonight and Wednesday at 7 30 p m at Chesnutt Park 4865 N Granite Reef Scottsdale Theatre for Children will stage the play at several Scottsdale District schools during the Halloween season Four women and two men are needed for the cast One elderly grandfather and one young boy are required plus one young girl and three other women Actors or backstage workers may contact Mrs Kenneth Badertscher theater president for information Alan Grier will direct the play
MENTIONED IN THIS ARTICLE
Chesnutt Park
Granite Reef
Scottsdale
Kenneth Badertscher
Alan Grier
How To Hold FALSE TEETH
Do your false teeth annoy and embarrass you by coming loose and dropping whenever you eat laugh or talk Then spring FASTEETH on your plates FASTEETH holds dentures firmer longer holds them more comfortably too Makes eating easier FASTEETH is alkaline Won t sour No gummy gooey pasty taste Dentures that are essential to health See your dentist regularly Get FASTEETH at all drug counters.
SS Manhattan completes Northwest Passage voyage to Alaska
The 1002 foot icebreaking tanker SS Manhattan becomes the first commercial vessel to navigate the Northwest Passage. It departs Sachs Harbour heading for Barter Island and Point Barrow Alaska with Alaska Governor Miller expected aboard. Humble Oil sponsors a $39 million voyage amid a celebration onboard.
MENTIONED IN THIS ARTICLE
New York
UPI
Manhattan
Sachs Harbour
Alaska
North‘west Passage
U. S
Barter Island
North Slope
Point Barrow
Northwest
Keith H. Miller
Beaufort Sea
North America
Humble Oil & Refining Co
Northwest Passage
Three Alarms Responded To Rural Fire Callouts
Firemen answered two household fires and one brush fire on Monday with no damage reported. They found a burned out cooler motor smoking at Patty Sloat home on Lane. An oven left plastic item caused a fire alarm at 808 N 82nd St with no damage. Grass clippings were burning in an alley at Hazelwood and no damage noted.
MENTIONED IN THIS ARTICLE
Patty. Sloat
Dow Jones closes higher as industrials lead gains
The Dow Jones industrial average rose to 831.64 at the close, up 1.19, with 20 railroads at 199.62, up 0.10. utilities at 113.62, down 0.64, and 65 stocks at 280.28, up 0.02. Volume reached 11.16 million shares versus 10.68 million on Monday.
MENTIONED IN THIS ARTICLE
Dow Jones
TG and Y to reopen Hayden and Indian School site
The TG&Y store at Hayden and Indian School Roads, heavily damaged by spring fire, plans a grand reopening September 25. The Progress reports reopening in October for the S and H Redemption Center, now expected in early October. Markgraft Pharmacy, the third store gutted by the blaze, reopened last week.
MENTIONED IN THIS ARTICLE
Tg&y
Hayden and
Indian School Rds
S&h Redemption Center
Markgraft Pharmacy
Marriott Hotel Execs Meet at Camelback Inn for Four Day Session
Eighty five executives and managers from Marriott Corp hotel division gather for a four day meeting at Camelback Inn starting Wednesday. Vice president Jim Durbin will address the group Thursday morning and discussions will cover personnel relations service improvement expansion growth and a fiscal report.
MENTIONED IN THIS ARTICLE
The
Marriott Corp
Camelback Inn
Jim Durbin
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