davidaulloa/AmericanStories huggingface dataset:
Evening star., 1962-04-27
SALESMAN
GROWING BUSINESS

We are looking for 8 full-time men
to add to the sales force of oul
rapidly expanding company. II you
are selling now and would like
to earn 5000 or more per week
plus monthly bonus or II you would
like to learn selling come to see
US Our product is something need
ed in every home. We have II
exclusively. We will train you in
our successful sales method. NJ
high pressure selling. Apply any
time before May | between 10 q m
and 4 pm. at INTERSTATE EN-
GINEERING CO.. Vanguard Div,
1900, Decatur ave. Kensington,
MARYLAND
Evening star., 1962-04-27
HELP WOMEN
fcOhIIhuEnt
ASSISTANT H0TSTKTFPTF- s71e,

BEAUTY OPERATOR, part time,
Thurs, Fri. and Sat Exper. high
fashion only need apply NANCY'S
HAIR sTYLIST, 5sS-1390 or He.
Evening star., 1962-04-27
HELP WOMEN
SALESLADY

For hghtinE fixture display room
Must be aggressive, have back
. ground Of sales eXper-. Sa'ary open
age . 10 so ref. REQ. Apply glt
New York ave. NV.
Evening star., 1962-04-27

Man between 25 and 35, to
call on prestige clients. the
outstanding business firms
in Arlington, Va. Prefer
Va. resident with previous
sales experience. Company
opening is q permanent DO
sition, resulting from ex-
pansion Of staff. Work in
wolves maintaining contacts
with present clients and de-
veloping new business. Cor
poration benefits include
retirement, sick leave. edu-
cational training. health in
surance, and paid vacation.
Good starting salary, plus
RYDanSeS
Evening star., 1962-04-27
HELP MEN
VA RESIDENTS
MILITARY ELIGIBLE

MILITARY ELIGIBLE
Part-time evening and Saturday
work, average SO per hour. Car
nee. Apply z pm. Friday or 4:3C
pm. Saturday. 203O N. 10th ST.,
Arl., Va. Rm. B-l.
BLIND D-WINDOW SHADE
estimator-salesman. Call Mr.. Hall
Ok Id;v 4-2204 it, for appointment
da ave, Bethesda. Nd.
AFTER BARTENDER, chef
seafood cooks. bus boys and dish
washers. Local refs. will be
checked. Apply in person bet
$3.50 and ll:30 am. MARKET
INN RESTAURANT. 200 Z st. s.W
WASH AND POLISH MAN. com
mission with guarantee. Apply in
person, $500 King St. Alex, Va
WELDERS = Combination, pipe
welders preferred. Call WELDING
FABRlCATORS, INC, 424-y5I5:
after 8, 424-S743.
WINDOW CLEANER = Experienced
only. window washing and paint
scraping. JU. 5-S655 and VIII
6-9243 after g.
YOUNG MAN to assist in Shipping
dept. printing shop. RA. 3-1S24.
YOUNG MAN with own car "a
drive salesman. Call 772-5S74
Sunday after II noon.
YOUNG MAN. exceptional opportu.
nifty with large wholesale food
company in our sales dept. Give
age. education, eXper. and refs
to Box 35O-R. Star.
Evening star., 1962-04-27

SALES MANAGER Hearing aid
consultant. or direct salesman to
flee on a partnership basis. Nc
investment necessary. Must be
willing to take training and
prove worth in the field for &
to Il mos. Leads furnished. Car
Necessary. Call JU. 5-2727 be-
tween $50 and IL: 30 am,
Evening star., 1962-04-27
HELP MEN
(cokIINUeD)
PART TIME
PARTS COUNTERMAN

Man, over Is. must be neat, car
nee. S44 wk. High school grad.
to work & to 9 p.m., Sat optional.
Call anytime AID 2-43ll
Evening star., 1962-04-27
YOUNG MEN

Free on job training as electrical
craftsmen. nights, $50 to
1880 pm. Start earning in =
weeks for full-time daywork. Apply
TAAG DESIGNS, INC.
1907 BALTIMORE AVE.
COLLEGE PARK. MD. WA. 1922
EQUAL OPPOR. EMPLOYER
Evening star., 1962-04-27
HELP MEN
SALESCLERK
FOR FIT. MEADE PIX

Exper. pref. perm. position. 4O-hr
vk.. opportunity for advancement
liberal employe benefits, incl
vacation wIpay, group inSuranc,
program and PIX purchasing privi
leges. Apply in person.
Evening star., 1962-04-27
CALL MR.. BRUCE, S82-2OOO
BETWEEN 1O.3O AM 1-.zn pM

~-g w. -SSN
BETWEEN 1890 AM. I.:30 Pm
SALESMAN
National company has opening TO
salesman who is willing to worl
for solid future. For interview
call R. E. FAWCETT. 671-700O.
Statesmen, small appliances, Gen
dept. store has positions ope
in Alex, Beth. and HyattsvillC
Must be exper. in selling phonos
vacuums. and polishers. Exec
salary plus commission. Liberia
CO. benefits. MR.. WARREN. WA
1884 after II noon.
SALESMAN N-MANAGER for fin
mems and bows clothing store
Located Wheaton Plaza, Wheaton
Md. Call MR.. SILVERMAN 70
Appointment. 949-4s2O.
SALESMAN to call on beauty shop,
Guaranteed salary. Must have cal
Some selling exper. necessary. Ap
ply 1888 Park rd. NV.
SALESMAN = SALARY. ace 26 I
33, TO call on retail grocery store
in Washington. D. c. area. ca
necessary, car allowance. old eSta
blished food BROKERAGE firm, pen
sion plan. Box 6S-R, Star.
SALESMEN-STOCK CLERK = Sale
experience nee, perm. position
chance for advancement. Ii. 3
GAO.
Evening star., 1962-04-27
HELP WOMEN
COSMETICS

For cafeteria work. Salary plus
bonus. Under 35. Apply MANAGE 5
office. HARRINGTON HOTEL
lIth and z ste m
Evening star., 1962-04-27


PARTS COUNTERMAN
Local wholesale appliance distribu-
Man for electronic parts dept.
Must be. neat. accurate, depend
able and conscientious. OppGrtu-
nifty for advancement with fringe
benefits. Age no barrier. Salary
open. Call Mr.. CLARK. LA. g.
lily. S:30-5 p.m. Mondsy-Friday.
PATENT LAW FIRM. located in
Wash. D. c. has opening for law
student or young lawyer with l
or . yrs. eXper. in patent field.
Broad scientific background req,
pref. ability to work with inven-
tionS in electronics. solid state
physics. and high vacuum coat
ing areas. Send resume to Box
-376-C. Star.
AAA-I OHIO OIL COMPANY needs
man over 40 as travelling repre-
sentative. Write S. r. Sears. Pres,
AMERICAN LUBRICANTS CO.,
Box 676, Dayton l. Ohio.
PHARMACIST-Reg. DC, excel.
hours and environment. Apply
Mrs. Turco, MAXWELL q TEN
NYSON OFFICE, 915 18th st.
NV. Suite 103.
PHARMACISTS
REGISTERED D. C. Exceptional
financial opportunity, unusual in
centtve plans and salary arrange
ment. Apply.
DART DRUG
BASS THIRD ST. NE.
Evening star., 1962-04-27

WINDOW CLEANER - Experienced
only. Window washing and paint
scraping. JU. 5-S655 and VIII
6-g243 after a
Evening star., 1962-04-27
SALES
REPRESENTATIVE

FOR ONE OF AMERICAS LEAD
ING BUSINESS SERVICES COR
PORATIONS.
Evening star., 1962-04-27
:TIAN BLIND.HINDoR SHADE

lmator-saIesman. Gail MT. Hall
!. 4-2204 for appointment,
ave RaFhaeda Md
Evening star., 1962-04-27
HELP WOMEN

SUPERVISOR Toy Lad:eS has
opening II Wash-ngtoa fo- volr-
an with Party Plan eXDer!ercs
wonderful opportunity for hi-n
commissions. Write TOY LADIES.
JChnStoV-- pa
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-16

heroes, while women viewers
/ just like to look at tall. hand
some brave heroes.
Result is that regular roles
for women in television series
are approaching the vanishing
point, while tall, handsome men
/ in job lots are being cast in
starring roles. Already there
are complaints from magazines
and newspapers which like to
brighten up their pages now
and again with pictures of
pretty television girls. There's a
severe shortage Of fresh sup
plies.
One actress, interested in a
co-starring part in a series,
counted up the number of
women's roles in nighttime
shows on one network. OF 38
important parts, there were
only six for actresses. She was
so discouraged she didn't even
try for the part-which was
lucky because it was subse-
quently eliminated in favor of
giving the star a buddy" in
stead Of a regular girl anyway.
= y =
Things were rough for women
actresses last year. but at least
there were all those action
a overture series involving
policemen and private eyes
which provided work for free
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-16
CRITICS VIEW
Actresses Doino
Disappearing Act

lance performers. An actress
could remain solvent being sick
on the doctor shows and turn
ing up later as a narcotic
addict, dipsomaniac, unwed
mother or innocent victim on
the cops and robber shows.
/ But this year, many of the
action-adventure program S
have disappeared, replaced by
military-type shows. And big
parts for women just don't get
written into programs laid on
battlefields and on a navy ship.
Added to this military trend
is television's new trick of as
sembling an assortment of male
co-StarS-three or four-rang-
ing from older men to teen
ayers so that viewer interest in
every bracket is covered.
There just isn't much room
left for the ladies'.
/
OF course, there are Hazel"
Lucille Ball and Loretta Young,
but these are feminine excep-
tons who prove the rule. There
are also the girlS-largely
carry-overs from previous sea-
sons-who play giddy wives and
teen-age daughters in those
family comedies about subur-
ban living. But generally the
acting woman's lot is not a
happy one.
Competition for parts has
become so fierce in televiSion
that some really important
feminine stars have gone to the
unheard-of lengths of asking
for guest-starring roles in some
of the quality anthology series.
A few years ago, television had
to go a-begging.
Probably it is only a tempo
rary condition. If by mid-No-
vember the ratings of the mill
tary shows prove disappointing,
they'll all be hunting around
for love interest"
+
That big Massachusetts rob-
berry should provide plot fodder
for endless television TV shows
except that the thieves tech
nique has been used so often
already on everything from
l"Dragnet" and Highway Pa
troll" to Shannon" CHS
probably will have to make a
dramatized actuality or "CBS
reports" out of it.
Shelly Berman's ABC hour
the other night was amusing
if you hadn't heard the rou-
tines already on his records or
more likely-on MICS To
| night show"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-16
Other AM Stations

WINx-1se0 ke.-2&hour operation.
HPIk-13e Ke.-DsyIight only.
WoMR-t05o Ks.-Dsyl,gAt enIy.
WUsT-i12o ke.- Daylight only.
WFAx-1220 ke.-Dsylight only.
WWDc-i26o ke.-2+hour spsgatiun.
Weel-t310 ke.-24-houf operation eKeept
Monday midnight to an tuesday.
W00k-134o ke.-74-houF sperafaa MondsV
Saturday; Sunday sam. to midnight.
WeAM-f3se ke.-24-hour operation. eSeeu,
Sunday midnight to S an. Monday.
WDoh-1540 ke.-DayIight 0nly.
WPec-1ss0 Nc. Daylight emily.
MPRW-146o ke.-Daylisht only.
WeMs-57o ke.-74-hOur operation except
1850 an. to midnight on Sunday.
WAvA-1so h.-Dsylisht unIy.
WeVA-1s,u Ne. Daylight snIy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-16
By CYNTHIA LOWRY
Associated Press TV-Radio Write

HOLLYWOOD, Aug. Is. -
There is a theory that tele-
vision viewers would rather
watch actors than actresses.
And this year, particularly in
the new series, we'll have to
look sharp to see any actresses
at all.
The theory has been repeated
so often it has assumed status
as a basic television truth:
Masculine viewers like action,
adventure and derring- do be-
cause they identify themselves
with the tall, handsome. brave
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-16
u noon to midnight sat.-Sun.
WAMII-EM-Ras M Ann IN II N

WAMU-FM-ss5 Nc pm. TO II I'm.
Mon..Fn.; 4p.m. to II pm. Sunday.
W0l-FM-ss.7 Me.-s:0o an. to midnight.
HFAN-FM-10o.3 Me- an. to midnight.
WWDc-fM-1oi.1 Mc.-7l-hsuF operation.
WSMS-FM-1o3.S Me.-24-hsur operation
except $50 an. to midnight on Sunday.
WeTs-FM-si.s Ms,-1:3o to 10 Pm. Mon
Fri; $50 to 4 p.m.; Sunday. to 10 pm.
WxRA-FM-Ios.s Me.-l2 hspR to midnight.
HMAl-fM-1o7.3 Me.-s "a 10 las an.
WPecFM-s5.S Me.-s an. to u pm.
WJMD-FM-s4.I Me.-1 an. 10 midnight
WekY.FM-ss.5 Me.--s an. to midnight.
WAvA-FM-1o5.1 Me.-ss n. to II pm.
WRC-FM-s3s Me.-s:3O an. TO lam.
wT0P-FM-ss.3 Me.-5:2s an. to 2:1O an.
wASH-FM-s1.1 Me- an. to t2:I5 an.
WGTB-FM-so.1 Me.-Sileut until October.
WPRW-PM-1os.1 Nc. $50 an. to mIaaiRh
Evening star. [volume] (Washington, D.C.) 1854-1972, 1962-08-16

Bernie Horrison, TV Editor. Of The
Stor, is on vocation. His column
will be resumed on his return.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09
New US Law Clarifies
Coop Refund Taxing

bylaws before January 1. A coop
whose fiscal year ends November so
has year to make these changes.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09
Test list Consuner-0perate
HucIeaF Power Reactor.

HALLAM, Neb.-(CNS)-Atomic
Energy Commission officials tested
the first nuclear power reactor OPP
Grated by a consumer-owned utility
here last month. The test verified
physics calculations on the reactor
core. No electricity was generated.
Acc officials said the 75,00O-kilo-
watt plant will be in full operation
next spring. The sodiunl-cooled,
graphite-moderated reactor uses en-
riched uranium for fuel. Consumers
Public Power District here provided
the site and generating facilities and
will operate the $75 II million plant,
located 10 miles south of Lincoln.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09

CilICS W %. LII 1901 CHer6 were
38 Democrats, II Republicans and
one Independent. Rudy Harken of
Rosebud. Harken switched to the
Republican ticket this year and was
defeated by Democratic Rep. John
Melcher for reelection. The apparent
80 is based on the eight-vote margin
Mrs. Roswell Anderson gained in
WibauX against. Democrat Orrin B.
Hall standing up in a recount.
Cong. Arnold Olsen won re-elec-
ton in the First District over Wayne
Montgomery in spite of the lavishly
financed campaign carried on by his
Republican opponent. Olsen believes
his strong advocacy of health care
for the aged under Social Security
was an important factor in his sue
cessful bid for reelection.
His victory is also victory for
the proposed Knowles Dam since
the Republican Party Montana
Power opposition savagely and re-
peatedly attacked him because of
his unwavering support for the
major development project. In
spite of this, Olsen increased his
total vote in counties most affected
by the project, as compared with
1860.
Second District Congressman James
Battin, campaigning against t h e
Kennedy farm program, and other
New Frontier measures, increased
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09

Hamilton, editor of WESTERN
NEWS; Gordon Twedt, Rudyard,
state representative, and vice presi-
dent Montana Farmers Union; Dean
Paul Blomberg of MSU School of
Business Administration; DR.. John
Fischer, Bozeman, Dept. of Agricul-
tural Economics, MISC, and Harry L.
Billings, Helena, editor of THE
PEOPLES VOICE, at 1920 Sunday
morning.
Finale of the institute will be the
Summary and Evaluation'' by
Gretchen G. Billings, VOICE asso-
ciate editor, at l AS am. Sunday.
James S. TIMBER, Helena, president
of Montana State AFL-CIO, is Insti-
tute Chairman. Leonard Kenfield,
Great Falls, president of Montana
Farmers Union, is institute secre-
tary; Ralph Cook, Great Falls, MFU
secretary and Albert Root,
Helena, COPE director, are the other
members of the institute executive
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09

Dam which would have 100000 kilo-
watts of installed capacity and s.
100000 acre-feet of floor storage.
It's one dam or the other. Both can't
be built.
If Mountain Sheep is built, $40
million worth of power and flood
control benefits will be lost each
year. It's the story of one high
HeIls Canyon Dam VS.. three low
run-of-the-river dams all over
again.
In his 1860 campaign for the Presi-
dency, Senator John Kennedy de-
clared in Billings, Montana, that if
elected his administration wouldn't
permit the 'Fblunder" of inadequate
river development. Will his appoin-
tees make good that promise?
The first question is: Why did Levy
prefer a dam with fewer kilowatts
and less storage?
He found that the private utili-
ties had prior rights to develop this
part of the Snake River. They asked
FPC for a preliminary permit to
build Mountain Sheep in 1856 and
received it. This was two years be-
fore the public power group was
WPPSS officials. point out, how
ever, that when Pacific Northwest
Power asked FPC for license to
build Mountain Sheep Dam in 1858,
see page a
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09
Farmers Union Leader,
Stanley Bud vogt, dies

WASHINGTON, D. C.-(NFU)-
Stanley w. (Bud) Vogt, a leader in
both the Montana and National Farm
ers Union organizations, died of cam
GER last week in Washington, D. c.
He was 48.
Vogt began his career in the youth
and cooperative movement in Mon
tana and spent several years in the
education and legislative offices of
NFU, headquartering both in Denver
and Washington, D. G.
Vogt is survived by his wife, Ruth,
and five-year-old son, Robin. Mrs.
Vogt has also had long career in
the Farmers Union.
Interment was at Arlington Ma
tional Cemetery in Virginia.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09

c0mDlne OF TOUR northwest power
companies should have the right to
develop the Snake Rivers potential.
He turned down the application of
Washington Public Power Supply
System, and it's appealing his ruling.
Pacific Northwest Power Company
partially owned by Montana Power
Co.-PV), wants to build Mountain
Sheep Dam, which would have 1,150,-
600 kilowatts of installed capacity
and 100000 acre-feet of flood stor-
age.
TWICE AS MUCH
POWER, STORAGE
WPPSS wants to build Nez Perez
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09
Eleanor Roosevelt

Mrs. Franklin D. Roosevelt is
dead. She will be paid tribute by
the world for her untiring efforts
in behalf of mankind, everywhere.
Eloquent words of praise will come
from people in high places all over
the globe for the contribution of
this exceptional and noble woman
who will go down in history as the
First Lady of the World.
But it will be in the hearts of
common people, of oppressed peo-
pies, of minorities, that her spirit,
courage and inspiration will bring
her Immortality.
Fearless and undaunted she
faced criticism and attack in be-
half of her beliefs. Perhaps no
woman in our time ever received
the vitrolic attacks that were lev
eled against Eleanor Roosevelt, in
attempts to weaken her effective
ness.
Through it all she maintained a
dignified radiance that none of
the attacks could dim.
Life begins, flowers, ends for
all of us. Immortality of the scope
that will be hers is reserved to few.
So. Hail and Farewell to a gall
liant woman and a great American,
beloved by the world.-GGB.
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09

WASHINGTON-(CNS)-
The tax bill that President
Kennedy signed October 16
will boost the taxes insurance
! co-ops pay. However, that's
about the only revenue from
coop sources it will bring to
the federal treasury.
The bill will require many farmers
marketing and purchasing co-ops to
change their bylaws and, in some
cases, their operating practices. 1t
will also require credit unions, mar
keting and purchasing co-ops, and
some housing co-ops to report any
payments of $40 up they make to
their members in interest, dividends,
and refunds each year. But it will
make little difference in the taxes
they pay.
Co-ops will gain the same tax ben
eft from new investments in machin-
cry as other businesses. Under the
law, a business may subtract up to
~ VI OilO SOoO VI
ment, new or used, from it's taxable
income. This tax credit can't be
claimed for buildings for ma
chinery, tools, equipment, and so
forth.
Officials of the nations largest in
coop, Nationwide Insurance,
said its income taxes during the last |
10 years would have nearly doubled |
if the new law had been in effect. |
AS it is, Nationwide paid $17.3 mil
lion. 1t would have paid $34. 1 million.
Under the new law, mutual fire
and casualty firms will pay corporate
income tax on part of their under
writing gains. They will continue to
pay the tax on all their investment
income.
The first move that many farm
err co-ops will make under the new
law is to adopt bylaws providing
for a particular form of non-cash
refund distribution.
Co-ops filing tax returns on a cal
endar year basis must amend their
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09


The institute gets underway the
Friday evening before, with all dis
cussion sessions to be held in the
Old Science Building on the campus
of Montana State University. Con-
Guiding session of the 10Th annual
farmer-labor "skull session" will get
underway at HAS am, Sunday,
the 18th.
Other important issues of the day
IN addition to Knowles Dam, which
will be given thorough consideration,
are:
"Labor's Role In the Future" by
area COPE Director Jack Mccoy, at
7:45 pm, Friday;
Education Needs and Goals for
Montana, by Prof. Leslie Fielder
of the MSU English Department, at
9:15 am, Saturday;
Taxation and Schools. by Her
rick S. Roth, Denver, president of
Colorado State Labor Council. ALL
CLIO, 1880 Saturday morning;
international Trade and It's Rela-
tion to Labor and Agriculture" led
by Prof. James Leonard of MSU
of Economics, at 1:30
afternoon.
Food and Agriculture -, by Rob-
ert Lewis, director of USDA's Office
of Price Sterilization, Washington,
D. c., at $3.50 pm, Saturday;
AT ANNUAL
''Medicare" for the Aged under
Social Security, by DR.. Donald P.
Kent, special assistant U. S. Dept. |
Of HEW, following Saturday evening
banquet at 8 o'clock;
''The Attacks on Pockets of Pow
srty'', by Charles Tyroler, III, of
Counselors on National Problems,
Washington, d. c., at 9:15 o'clock
Sunday morning;
'Montana's Economic Future, a
panel discussion with Miles Romney,
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09

his margin of victory over his 1860
Democratic opponent, Leo Graybill,
Jr., from approximately 5000 to
more than 1000 in usually Republi-
can eastern Montana.
Except for the four years that Le-
Roy Anderson represented the Sec
ond District, the Republicans have
been firmly in control of that dis
trict since 1915. Anderson, who
served from 1857 to 1861, unsuccess-
fully sought the Democratic sena-
torial nomination in 1860.
Jack Holmes, as expected, won his
bid for reelection to the Railroad
and Public Service Commission over
Art Watson. Watson
showed surprising strength in run
ming against the Holmes name. A bet
ter planned campaign might have
switched the vote balance in this con-
test.
Tightest race of all on the state
level was for Auditor, with appointed
Auditor E. V. Omholt winning out
over his Demo opponent, Sen. Robert
Durkee of Havre, by approximately
600 votes
The people's voice. [volume] (Helena, Mont.) 1939-1969, 1962-11-09
MUST PAY AT LEAST 2O%
OF REFUNDS IN CASH

MUST PAY AT LEAST 2O%
OF REFUNDS IN CASH
Under the law, marketing pur-
chasing, and consumer goods co-ops
will continue to exclude their refunds
from taxable income, though they
must pay at least 20@o of these re-
funds in cash and the non-cash por-
ton must meet certain requirements.
If the customer has at least 90
days to trade a non-cash refund for
cash, it meets the requirements. The
refund would also meet the new re-
quirements if the customer consents
to the non-cash refund distribution
in writing, or through membership
in coop with properly amended by
laws, or by endorsing and cashing a
properly worded check for the cash
portion of the refund.
If co-op's non-cash refunds don't
measure up, it will pay income tax
on them, just as if they were profits.
However, when these are redeemed
in cash, the coop can deduct the cash
payments from it's taxable income.
Like other businesses, co-ops' re-
porting chores under the new law
will be increased. Each year each
coop must report to Internal Reve-
nue. Service the name and address of
each person who received more than
$40 in interest, dividends, and re-
funds. A copy of the report goes to
the person.
Congress substituted this provision
for the Presidents proposed with
holding tax on dividends, interest,
and coop refunds.
A coop engaged primarily in SELL
ing goods OF services at retail for
home or personal use won't have to
make these reports if it writes Treas
ury Secretary Douglas Dillon. Most
of the 500 co-ops handling consumer
goods are expected to do so.
Some credit unions may have one
see page