Newspapers / The Duplin Times (Warsaw, … / Aug. 12, 1954, edition 1 / Page 3
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si:. v, N. C, TBI DCTUN TIMES, KENAN SVTXXB, THURSDAY AUGUST U, 1S54 .1; Saannstl .and , tax numsroK nnx 'The Senate passed the adminlstra - - -Bon's tax revision 13111 'July 79 by s ' a vote ol HI to, 28. , , ' i , "The bill, the first complete nve. Osulinc nl the tax law in "78 -years, jdtaim various tax tuts for icor .... -poraliona fend itmlivlduals. 'Some tff i the tnost important 'protfttrons -are' v ' the following: DEAEILIKE-yAprU IS instead of , Hirch 15 Is the deadline (tor filing T Income tax aetnrns. r MVIIJEiro TNCC3SW-JIf you're a stockholder, you dori't have to pay k ,tax n the first $30 of income Sin :. dividends.' -, Furthermore, you can take percent of any dividend ta - come above $50 and deduct that from -your tax 'payment, HETIRBMEIIT INCOME Yon! ' .! wont have the 'basic 30 jpereent teat rate m he first SPSTO ot retirement j 4 income received after , you pass 65 If you're k retired government em-; ploy you can get the benefit under' "a!EUICAX... EXPENSE You may f deduct medical expenses above 3 1 percent of income instead ct 3 -. 1 percent Ton can have a total med leal deduction f tlOjoop (for your family instead ef 'WOOD. WORKING MOTHERS If you , must work to support children un der 13 or other dependents, and if . year saaritasd Is incapacitated or if ; the.. mhan4 jneaone at tBbe m lly U less than $4,500, you may de t . duct up to $00 spent for child care. WORKING CHHJ3HEN If you have a child under 19 or is in col lege and has a Job earning more . than $800 a year, yoa can artill Est him as a dependent and claim a , :.tmo exemption If you pay half of his support SOiL CONSERVATION If you're a farmer putting a kit of money . info soil rebuilding, you may de . duct these outlays up to 25 percent of your gross income. INSTALLMENT BUYING Yoa may deduct carrying charges even though they're not stated as interest. DEPRECIATION If you're a bus - ainessman or farm you may use the new-double declining balance me thod -of quick depredation on i . plant , or piece of equipment. This means that in the first year of life, you can write o' twice the a mount for deprer ation now allow ed: thus you cr . concentrate most of the write-of in the early years of use of the i em. ; LONG-DISTANCE CAafZKA The Army Signal Corps recently announced , the development of a . long-distance "peeping Tom" eam x era' which can peer across battle ' lines up to 30 miles into enemy ter y w , ' A . Ample mm I lilimi.i.i nrii.ir "i. in i r u n inn inninnm nm i i - ..inn, m r mi i n iiui j i id n - ... im k :t4 i,f,4 '-r' O o o o o o o o o o o o o o o o o o o o o o ' o o o o o o 3 o o o o o. o o -O o o o o, o ,o Sheppard's i r !! t in jeiung lonacco ror i ne- niun uuuaic The Same acco Crop With Kinston's Leaders 1 t. JERRY SMITH At No. 1 House o o o o o o o o o c Phone 35220 Vlekd p 'frm Here, t hero awl Hwywhw ritory, i ' , The mammoth 'Camera is 'built about 100-inch telephoto 'lens which was developed in the Signal Corps Engineering Laboratories rat Fort Mamiriouth, "New .Uertey. If permits battlefield pictures 'to he ttdken when aerial Trtroto flights ;are not possible cdue tto -weather or kenemy ; action, Vorps -saj the cam. kera san,irtord iimases tup tto 'SO miles away, depending on weather conditions and 'the height, 'from which the picture is Wken. "Bo pen-' etrating is the camera's, eye, that it can pick out details of ra Jeep cor other targets six miles -away. " RISE IN' COST W urvrNo The government in .'Washington reported recently that rising gro cery prices forced tthe 'cost ft Hiv ing tup one-tenth of one per cenf In June. ' .' !';.i,'v '. ;;'V.;. ' ; ; Bureau, of Labor Statistics an nounced the June index was '115.1 meaning the cost of living .was HSU rper eerrt f the '1047-49 aver age. The record Set last October was H5.4. The June level Is W of 1 per cent higher -than a year ago and 133 -per cent dbove the June 1958 (tart of the Korean war. JBwan Oague, commissioner 'Of BLS, said he looked for Mcontinr ued atsength" iin jirices (for tthe .next few months, adding it Is possible the living leoat index will mach ior exceed slightly last October's peak. sxaxe mmaasGS UMHEST iZN SUUPON Xhe average earnings of Tar Hee manufacturing workeri were lower than those of any other state in die nation during early 1954, ac cording to the North Carolina Be- Thi Institute's bulletin said re cently that during 1953 the state ranked 47 among the 48 states in average earnings of manufacturing workers. The nummary showed a weekly average of $48.34 for Tar Heel workers in "tt53. Only Jdissis sippl, with a $4643 weekly average, was lower. The national average was $7LdH For April, the latest month ior which comparable figures wens a vailable, the Tar Heel average was $46.63 per week, compared with the national figure of $70.20. NEW A88AOLV ON CANCER LAUNCHED Scientists from 54 nations launch ed a new Joint assault recently a gainst cancer, which kills someone in the world every 10 seconds. The nations Included The Unit ed States, Britain, Korea, Poland, Russia, Brazil, Chile, Greece, Hung- 4- aC ' f n aflnl Space Offered at Sheppard Warehouses Warehouses Are Owned And l ' r ti rriiirii iAi I itri Day. SHEPPARD'S of-! -.'y.r.( .'.-fl ; J. T, SIIEPPACD Asst. Maiurer 1 - .flf pary-ito !aet almost may xountry yoU i can iname. s f : Nearly ),000 physicians; chemists, bidloglstg and other scientists con ferred .in Bao TPaulo, '.Brazil mrrtl 'ex changed their -latest knowledge to rmobillze better answers to the death and suffering from cancer. .About three million persons over the world fall victims to cancer an nually, ssald Dr. Antonio TPiuderite, 'head of the Brazilian Cancer 'stitute. ? ' 1 In- 'ARMY 'CHAPLAINS DECORATED A total of 370 Bronze ."Star Medals have teen awarded to army chap lams for serVice during 'the Korean snmnsiiim. .mwnrfllnff -tit a renort re- ImhuhI hv the Office Chief of Char lains in 'Washington. .'The .'report said '436 chaplains had received 540 decorations for duty in 'Korea. Others decorations include: Commendation Ribbons, 75; Dis tinguished Service Cross, 2: Legion of Merit, 19; Purple Heart, 31; Sol dier's Medal, 6; Silver Star, 37. FEDERAL HIGHWAY ALLOTMENTS T-e government announced r otently iits lhtghwqy allotments to the States the fiscal year beginning July 1, 1958. The sum Of $8751000, 000 is almost half of the ?l,'B32,'0OO, 000 provided . by the federal-aid l m .v- ,i i ,nu: J"1 ",B ' , "" nd 1957. The total the largest two-year sum eater iput up by the federal government will be match ed by state money, at an average of slightly less than one .state dollar for each federal dollar. Secretary of Commerce Weeks said the highway program, includ ing $12,3001000 contracts soon to be let for public land and forest highways, will produce "the great- eat anise f highway construction in United States history, and that means better roads, safer driving, fewer traffic jams, stronger nation al defense, more Jobr. and stimula tion of business along the improved and expanded highways". TV STATIONS LOSING MONEY forty percent of all television sta tions in this country are losing money, Richard P. Doherty, consul tent to the newly created Television Advertising Barraa, said In New Yorx recently There are 385 stations in the na tion and forty percent are not com ing oat even, he said. Among the 277 stations which started opera tions following the lifting In 1952 of three-asd-oae-hatf-year feder al freeze on permits to open new stations, sixty percent are in the red, The newly created bureau to " "'I i ...... f 1 ' MT V In Pqiihclage & Operated By Men Who Kno 7e Vill Open MorWayMgiist port ttt a -drive to bring act increase In -revenue to TV stations, :.;.!! f.- A farmer and his wife took their boy to Jhe city .one Saturday to sell their butler and eggs. They saw a number of pity children on the street all dressed sip with shoes and everything. The mother asked little Johnny: "Wouldn't you like to live in the city and dress like city chil dren do?" "Naw, maw," said little Johnny. "Them ain't children, they're pets." Winston-Salem Journal. - A woman went to a dentist for the fifth time to ask him to grind down her false teeth again because they don't fit." "Well," said the dentist, "I'll do it again,- but by every test, they should fit your mouth easily." "Who said anything about my mouth?" the woman ansewered tr-. "They '-n't in the elass!" ! - - mddlOTO Tame Herald. New Bonus Law Now In Effect New Bonus law passed that will mean many dollars to men re-en- listinff In BArvim ntr thair rilc- charge. The new law already in ef-' feet will increase the amount that men re-enlisting Mil receive, to the effect that a, man will now be paid according to the way that he progressed on his .first enlistment. lExample an E-3 will get $428.08 I while an K-4 uill aat tsio an rn. " - ! the same four year renlistment, A man in E-4 re-enlisting for six years will get $779.70. The trr. t; can be received at one time is $1,238.34 for a man in E-7 grade. According to the Air Force this new law will give a man staying in the service more money but will in the long run save the tax payer money in that it will cut down on the initial cost of training a re placement for the man who leaves the service after his first enlistment. Any one wanting information about the new bonus law can contact Sgt. E. H. Allen at the Courthouse in EVsnansville on Wednesday or at the Post Office In Wallace on Tues day. Jurors Listed For September Courts The following Jurors have been drawn for September Superior and County Courts in Duplin: Cennty Superior Court September (la, 1854 Charlie Vernon, Lonnle Benson, R. R. Ma ready, I. R. Vernon, Nor man SandTin, Jr, William Hallle Harris, Leslie T- Dail. T. W. Aycock. WAREHOUSES No. 1 and 2 IN KINSTON Market Leaders in Pounds Sold, Money Paid Out, And Highest Average - For Several Years WE SELL 1700 T0 1800 BASKETS A DAY It WillPayYou To Drive The "Extra Mile" To SHEPPARD'S-Come Early SeII And Return Home Sell Over 20 Million Pounds Of Tobacco Every Year Follow The Crowd -Z Sell Your Enf ire tob- Prices. Receive And 'H KIIISTON . R. E. "Bob" SHEPPARD News Notes ' MEAT Will be produced to the tune of a record twenty, five and halt billion pounds in 114 so the Meat Institute predicst. Rise in pop ulation is the reason given. SALES in General Electric above 1953 by 25 per cent or nearly one hundred million ' over first six months of 1953. What a business. Earning reports of 44 companies show four even, twenty over and twenty under same periods last year. , WEEKLY NEWSPAPER Repre sentatives can offer you a contract for representation in the sals and handling of national advertising for your newspaper so that you will pas commission only the actual bus iness sold and handled by them! Have a contract with a representa tive help the weekly newspaper industry by. thus improving our re lations with advertisei and agencies. Write WNR today 920 Broadway, New York W. N. Y. TRAVEL to this country from foreign lands is very light Interest is being shown by largest travel as sociation to encourage travel from friendly countries to "US by devel opment of promotional campaigns consisting of printed material in various languages and state dept. nelP- US MAIL is carried by nine maj- 31 rail lines in excess of that car ried by the highest ranking air line. New York Central leads with 40.3 millions of dollars down to B&O 9.2 before United Airline comes along with 9.8 million the top air-li-- -ll revenue. OCTOBER is National Newspap er Week (Oct. 1-8). October (entire month) is ABC anniversary time. More weekly newspapers are apply ing for ABC application forms than ever before get on the band wagon push newspapers by pushing Newspaper Week and push your newspaper by going ABC. CIGARET Mfrs. have reduced their spending in newspapers while magazines, radio and televi- T. R. Murphy, William Randolph Smith, Fletcher Rouse, Raymond W. Bradshaw. Alonza Dail, Calvin Simmons, Harry Exum Sholar, Nor man E. Brown, T. W. Moore, Asb Miller, H. Elton Page, Lorenza Pate, Sidney Kennedy, W. J. Johnson, Lewis Mercer, Denard Styron, El more Sandlin, Leadie J. Jones, J. C. Savage, W. C. Kllpatrick, Lenard Lanier, Lynwood B. Williams. General Coanty Conrt Monday, September 13tb L. H. Usher, Joseph Earl Weav er, L. B. Brown, Jesse B. Brown, Luther T. Kissner, Edwin C. Brown, Allen S. Futreal, Albert A. Carter, Dolphin Moore, David Houston, Ce cil Griffin, Tyson R. Sholar, & V. Murray, Augdon Brihson, Marvin D. Fountain, William S. Stroud, John E. Best Jessie Brock. SELL YOUR FIRST LOAD OPENING DAY AT- HEPPARB w Tobacco And Are Recognized Throughout The Entire Tobacco Belt Book For Opening Son Of Duplin Manager J. LOUIS RAPIER Office Manafer sion have received no cut to date. The big producers are trying to cover the "bad health" medicine they have been handed back in the thirties they had tax problems and used the non '- metropolitan newspapers to reach the folks in Washington their history books should be dusted off and read. AIR CONDITIONERS are going great with all this hot weather the field is quite crowded however and many producers are singing the blues. Big demand with increased output Is the answer. The only thing short is sales compared to expected sales. OCTOBER is still a grand month for NEA it is the time of year when it's swell to come to Chicago rub elbows with folks from over the nation at the Edgewater Beach Hoteli. The Annual Fall Meeting and Advisory Council session will start with committee meetings on Thursday noon, Oct. 14 and run through breakfast and session on Sunday morning the 17th. Not all business (Marine dining room for show and dancing) The Winsconsin Room for good cheese beer and hame made music. TRAVEL a half century ago was about 100 per cent by rail. Today all riders of public carriers give only 8 per cent of their business to the rails and they are mostly "long hauls" with intrastate travel to private and bus lines. RAILS says freight business going to private truckers. The Mfrs. are setting up their own. trucking facil ities. The man that makes the goods and delivers them is making the competitive transportation costs a part of his sales expense. CIRCULATION promotion i a matter of choice (how you do it) many have found the attractive of fers of Mags when sold with the newspaper new or renewal is less costly fact it makes you money write Frances at NEA office for forms and offers also catalog. STEEL is only e5 per cent of ca pacity, around a million and half tons a week. Armco reported in crease in last quarter earnings of .30c a share from 1953. Auto sales in June down 14 per cent under year ago. TELEPHONE business grows a gain after leveling off for first five months. June shows increaFe over 1953. The long distance lines ire working for more sales. INDUSTRIAL production showed an increase but still about 10 per cent below last year. NEW YORK CENTRAL changed bands the stock that caused the change has also changed hands Murchison and Richardson sold half of their intested in the eight hundred thousand shares to Alle ghany. Fast moving stock com mom and rolling is NYC. SHIPPING will have six new ships with the gevernment putting up twehw million and A PL balance of 55 million. The Navy turned down the bias of private builders for its fourth new super-carrier Beth Day Every Day There SALE EVERY DAY lehem Steel and New York Ship builders the losers. Keel laying to day of third Forrestal Carrier in, Newport News. , H ,' CHRISTMAS gifts go on sale this week at the Merchandise Mart in Chicago. Expect over five thousand dealers to buy everything from bird cakes to sponges for tea ket tles. Prices same as last year. Many new items better quality. AIRLINE traffic tor June up on most lines. Pnited showed 25 per cent increase over same month last World for a long time i all of a sudden domestic equipment isn't good enough or man power ELECTRICITY is going up In use last month ovir seven percent a bove year ago. West Central and Southern States and hot weather to blame for increase. : 8 .... -. - ' ' ' ' , , i ' ' You still have time to "insure" a successful harvest of this year's grain or seed crop with your own ALL-CROP Harvester. Having your own Model 100 is proved protection against costly delays and crop loss from lodging, shattering and bleaching. The "coverage" offered by the ALL-CROP Harvester is extremely broad including grains, seeds and beans. Thousands of farmers can testify to its outstanding per formance under toughest conditions. You get all of these advantages at a reasonable price. Come in today and see us about home-made "insurance" for a better harvest your own ALL-CROP Harvester. Tune in the Mmlane! Fane C nuis-i aemeey WC T. A. TURNER & CO. PINK HILL, N. C. Turner Tractor Kinston. N. C. After. ALBERT Ass't Soles Manafer North Carolina , farmer! are' ex pected to harvest (J million busi-. la of wheat this year for an aver, age of 23 bushels per acre, M bush els per acre more than in 1953. . Housing accommodations will be provided in Ragsdale Hall on East Campus for overnight guests. There is always plenty of room, at the top, but happiness doesn't always get there. . In this life It is not so much what we take up that brings suc cess, but what wo give up. v? ' Virginia type peanuts will be sup ported at $238 per ton tot peanuts containing 65 per cent and sound mature kernels,. ' ' ' f Good luck must be met halfway bad luck will chase you. Ali-OOf k M Allli-dMlmn twdtworic crmir.iEns AND SIRVICf, & Implement Co. ' Phone 5291 o o o o o o o o o o o o o o o o o o o o o o o o o o o ft 6 o o o 10 o o o o o o. o o o o o o o o o o o o o o o o o As Experts ALBERT JOHNSON A t No. 2 House Phone 5214 J. 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The Duplin Times (Warsaw, N.C.)
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Aug. 12, 1954, edition 1
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