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Newspaper
Tucson Daily Citizen
Location
Tucson, Arizona, United States of America
Date
Dec 14, 1964
Page
12
In a tax clinic Q and A, William L. Raby explains nursing home expenses can be deductible medical costs and a dependent exemption may be leveraged. He suggests rotating bill payments among siblings to maximize medical deductions and the $600 exemption, potentially increasing annual deductions to $3,900.
Dr. Philip L. White of the AMA warns in Today's Health that adding vitamins A and D to nonfat dry milk requires a new act of Congress to update the 1944 standards act. FDA is hamstrung by lacking vitamin provisions, a result of dairy industry influence. Much nonfat dry milk serves relief and school lunch programs and in Overseas Food for Peace.
The piece argues December tax-loss selling may fade as markets turn in January, noting reassuring yields. It explains President Johnson's rate-cut stance, the rise in corporate dividends, and the Fed's Operation Twist supporting long-term bonds and stock valuations.
In Baltimore a study tests skin pain by burning the forehead on 30 to 69 year olds. Researchers Dr. E David Sherman and Eugene Robillard of the University of Montreal report a sharp drop in pain sensitivity between ages 40 to 50 in the Journal of the American Geriatrics Society.
A reader asks whether to buy more Travelers Insurance for retirement income or shift to higher yielding stocks. The columnist urges choosing investments with solid current income, noting Travelers’ dividend is low today and suggesting reallocating to higher yield funds if income is needed. The column also addresses a reader’s concern about mutual funds during the Eisenhower heart attack era, clarifying funds did not go bankrupt.
In Raleigh North Carolina X-ray diffractometer equipment helps detect narcotics and other crimes. The device analyzes tiny material samples by directing X-rays to produce scattering patterns matched with known compounds. Law enforcement uses it to solve cases and identify substances.
An advertisement touts Primatene as the asthma formula doctors prescribe most for private patients now available over the counter. It claims minutes relief from attacks and hours of freedom, with tablets that open bronchial tubes, ease congestion, and reduce nervous tension, advertised as safe without injections. It urges readers to buy at any drugstore.
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