Corporate Tax Income Cut By Rising Costs
The Treasury collects 59 percent of gross earnings from 460 manufacturing firms in 1952, unchanged from the previous year, but tax receipts fall 13 percent as costs rise. Despite 5 percent higher sales, rising labor and operating costs push total tax payments down 433 million dollars and net profit after taxes down 299 million, with profit margin sliding from 6.9 to 5.7 cents per dollar.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Treasury
National City Bank of New York
Lincoln House To Close For Major Restoration
Lincoln House in Springfield will close soon for extensive repair and restoration. The state historian says half a million visitors yearly have seen the home of Abraham Lincoln before his presidency. The project includes recreating 1861 roofing, wallpaper, and carpeting with tours offered of the grounds during closure.
MENTIONED IN THIS ARTICLE
Springfield
Lincoln
Harry E. Pratt
Washington
Presidency
Robert Lincoln
Four Die When C 46 Crashes At Miami Airport
Four people die in a fiery crash at Miami International Airport on Monday night. Among the dead is John N Goodman 26, co-pilot from Vincennes Ind and the brother of band leader Benny Goodman. Also killed are pilot Capt George E Smith 30 of Miami and two Orlando teens Thomas 15 and Glen Slaughter 13.
MENTIONED IN THIS ARTICLE
Miami
Fla
Benny Goodman
International Airport
George E. Smith
John N. Goodman
Vincennes
Ind
Thomas
Glen Slaughter
Orlando
Explorer Gill Montgomer Attends Wood Badge Training
Gill Montgomer of Eldorado Explorer Post 14 and Sahara District serves as District Commissioner attends an Explorer Wood Badge Training Course at Bay Wisconsin. He was personally invited by Chief Scout Executive Arthur Schuck and is the first Egyptian Council member honored in this way.
MENTIONED IN THIS ARTICLE
Gill Montgomer
Eldorado
Post 14
Sahara District
Bay Wisconsin
Montry
Isonally
Arthur Schuck
Montgomery
Veterans mustering out pay forms available in Benton
Application forms for mustering out pay for Korean War veterans are now available for Franklin County men at the office of Finis E. Holland Franklin County service officer Illinois Veterans' Commission Hart Building Benton.
MENTIONED IN THIS ARTICLE
Franklin County
Finis E. Holland
Illinois Veterans’ Commission
Hart Building
Benton
Toaster Control Device by Minneapolis Honeywell
An electronics regulator, Minneapolis Honeywell, has developed a device to regulate toasting for breakfast foods. The system aims to ensure an appealing color in the finished product and was reported from New York by AP.
MENTIONED IN THIS ARTICLE
New York
Minneapolis-Honneywell
Belgian Army Mutiny Fails to Garner Support
Sixty eight Belgian soldiers fled with five trucks to spark a two year conscription walkout but failed to gain reinforcements and surrendered after clashing at camps near Mons. Shouting against the draft and singing the Internationale, they ended at a police barricade amid a regional flare up. In a separate note, Los Angeles residents keep cows within city limits with feed shipped from distant farms.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
Casteau
Mons
Los Angeles
National Geographic Society
Also Mentioned on This Page
Lincoln House
Murphysboro, Ill
Roy K. Marshall
Ford
Murphysboro
All Ladies
Cleland
Ed’s
Sport Shop
General Electric
Maytag
Thor
ABC
Montgomery Ward
Nunley’s
Martin Oil CO
Murphysboro Station
Penney's
Pink
Flamingo
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