Fieldale Team Enters League
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FIELDALE TOWEL MILL BASKETBALL TEAM
The Fieldale Towel Mill’s first
year entry into the City of
Martinsville Industrial Basket
ball League was marked by a
season record of 7 and 7, with six
of the 7 losses by two points or
less.
The team placed fourth in its
division and in the first game of
the play-off defeated the only
undefeated team in the 16-team
league by eight points.
Team members shown in the
large photograph are, front row,
left to right; Rufus Wade, Tracy
Hairston and Jerry Bowles. Top
row, left to right, are Pete
Setliff, Robert Mosley, Tryon
Wade, Jim Mat Martin and
Bobby Stockton. Players not
present for the group picture are
shown below. They are, top row,
left to right, Raeford Settle,
Walter Hughes and Lynwood
Dandridge. Bottom row, left to
right, are James Manns, Larry
Spencer and James Whorley.
RAEFORD SETTLE
WALTER HUGHES
LYNWOOD dandridge
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JAMES MANNS
LARRY SPENCER
JAMES WHORLEY
Terry and Tammy Fowler
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Terry Jean Fowler and Tam
my Dineen Fowler, ages six and
eight years old respectively, are
the children of Mr. and Mrs.
Noble Fowler. Grandparents are
Mr. and Mrs. Alvin Harris. Mr.
Harris is a shift foreman in the
Woolen System at Hit
Greige Mill.
The children’s
formerly a dofferatfc
Sheeting Mill. The
resides in Norfolk,
Q. What are the rules tor
deducting finance charges on
department store revolving
charge accounts?
A. You may deduct the
“finance charge’’ levied by
retail stores on your revolving
charge accounts if the charges
are based on your unpaid
balances and computed
monthly. Also, in the case of
bank credit card plans, you can
deduct the finance charge if no
part of this amount is for service
charges, loan frees, credit
investigation fees, etc.
However, if you buy items on
the installment plan and the
carrying charges are separately
stated, but the interest charge
cannot be ascertained, deduct
the lower of (1) 6 percent of your
average unpaid monthly balance
or (2) the actual charge for the
year. For more details, see IRS
Publication 545, “Income Tax
Deduction for Interest
Expense.” Use the order blank
on the back of your 1040 tax
forms package to obtain a free
copy.
of my tax to the Pres
Election Campaign Fin
A. Yes. Without in
your tax liability or dffl
your refund, youmayi
$1 ($2 on a joint ret
you neglected to “4
on your 1972 return,
still do so on your 1971
Q. Aren’t there sonit
tions that can be claimi
though the taxpayer d
the standard deducfc
doesn’t itemize?
A. Yes. On your tii
these deductions
“adjustments to incon
include employee
penses, such as busins.
expenses, moving a
payments by self-eniplf
dividuals to a retire*
and the sick pay excli
Credits against
tax may also be clai#
out itemizing your
For example, many
are eligible to claim w
ment income credit i
credit for contributio®
litical candidates.
Q. I should receive a refund
when I file my return for 1973.
Can I still check off a dollar
Eddie Piem,
Leslie Waddell
Eddie Piercy,
his first birthday
lofMr.
11, is the sonc.-
" Belmon
Piercy of
the grandson
four
of
Leslie Dawn Waddell,
months old, is the daughter ui
Mary Waddell who is employed
in the Spinning Department at
the Alexander Sheeting Mill.
Hicks Street,
employed at J
Sheeting Mill-
in the Carding L>
Mrs. Street, Mozj
the Weaving
the