Page 4
Savings Bonds
THE KINGS MOUNTAIN HERALD. KINGS MOUNTAIN. N. C.
Quiz
The yield on Series K and H
Bonds has lieen ^((roviHl, r<‘tro-
active to June 1, 1970.
Q -Whiil Savinss Bonds are
nflectefl by the ncvv raje?
hw! maturity lengths ranging year, 5.30 percent tor the next 14
from 7 to 10 years. Series HI years, and 6.00 iM'nxjnt <iuring
Bonds are current-income secur
ities, sold at par (faeo) value.
Inteix'st is paid by semiannual
cliecks issued by the Treasuiy.
11 Bondw mature in 10 iy<?ars,
Q What is the new higher in
terest rate?
A Series K Bonds now on
i.sale return 5!!i-p<*rOTit interest
—All .Series K and H .Sov'ingsj compounde,! semiannually, when
Bonrla new is.sues and out-1 h.-id to maturity of 5 years, K)
stankiiiig issiK'.s, , months. They earn -1 01 ix’nent
Q--‘How is inti're.st paid on j the first j-ear; theiieafter inter-
these Bonds? I ..jji ineix>a.ses im a graduated
A—Sr'ries K Bonds aiv accnal scale; at maturity, they receive
typi> securitie.s nol<| at 7.5 per- a (xn-cent lw>nu.s, raising the
cent of fao' value. Interest is yield to O'a-ireromt from issue
paid by gradual increa.s<. in iy>- j dat(> to maturity,
demption value. K Bonds now | .S<n-ies H Bonds now on sale
mature in 5 y(‘ars, 10 months; j lield to maturity of 10 years
older E Bonds haKl various orig- ^ They earn 4.49 percent the first
the soeonid, 3 years; iviLsing the
rate to an avt'rage of 5H per
cent for the 10-year period.
Q Wliat about my older E
and H Bonds? Will they also
pay moi'e, or should I ea.sh them
in and buy new Bonds?
A -Older E and H Bonds also
h'ave had tlu'ir yields impioved,
so th(TO would ,1)0 no advantage
in I'ede'emin; your pri?sont hold-
ingH to buy new Bon<ls. Here’s
how older Bonds ar<' affected toy
the higlier i-ate
.SBTtIKS E BQXDS -
ANNIVERSARY
SALE
Polyester Dougle Knit
Material
New Fall Shades
Thurs. Fri. Sat.
$3.28 Yard
Boys and Mens
Lowcut & High Top
Gym Shoes
Reg. SI.99
$1.64
Girls Stretch
Anglets — 99c
SPECIAL
SPECIAL
Red Heart Knitting
3 Pc.
Wool
Desk Sets
Thurs. Fri. Sat.
Reg. $19.88
Reg. $1.18 - 99c
$17.88
Red Eye
9x12 Thrift-Tex
Rugs
Balls
$1.99
Speciol $5.44
6x9 - $2.97
New Crop
Spanish Peanuts
Delicious
Chocolate Drops
69c Lb.
39 c Lb.
Cushion Flor
Curity
Mats
Disposable
3x6
$1.96
Diapers
96c Box
Thur. Fri. Sat.
Outstanding .Bonds that have
not reach(Kl their first maturity,
will receive a >,4-peroent increase
in yield for semiannual interest
tterhxis beginning on or after
June i, 1970, payable as a bonus
at maturity.
I Outstanding Bonds that have
I roaeh<Yi firat maturity - or are
extcmdej, t)eyond first maturity’
while the bonu.s is in eiffect -
' will have the ’i percent cix'dited
[ at the end of each -semianijual
I interest period beginning on or
j after Jun<‘ 1, 1970, through their
I next maturity. The bonus is pay-
I able wh(.‘never the Bonds are re-
I deemed.
SWEETIE PIE
Thursday. September 17. 1970
SERIE.S H BONDS
Outstanding Bonds that have
! been held for less than 5 yeans
j wUl receive a U--percent in-
! crease in yield for semiannual '
! interest periods beginning on or
after June 1, 1970, payatole as a '
bonus in the form of increased ;
semiannual inlert'st paynuents
during the second -5 years to ma-
turitv.
"Pop hos 0 day off from work!"
Birth
Announcements
iMr. and Mrs. James B. Blade,
300 Fulton St., announce the birth
of a daughter, Wednesday, Sep
tember 9, Kings Mountain hospi
tal.
Mr. and Mns. Lewis Charles
Phillips, 212 E. Louisiana Ave.,
Bessemer City, announce the
birth of a son, Saturday, Septem
ber 12, Kings Mountain ho^ltal
Mr. and Mrs. Lawrence R. Hill
iard, GG Alice St, Belmont, an-
noumx! the birth of a son, Sat
urday, September 12, Kings Moun
tain hospltaL
THE VETERANS' CORNER
'Bonds that have been held 5
years, or are extended while the
bonus is in effect, will receive a
'/i-percent increase in yield for
semiannual inteiest periods be-
I ginning on or after June 1, 1970,
: The bonus will be added to semi-
I annual interest ehocks through
' next maturity.
EDITOR’S NOTE; Below are au
thoritative answers by the Vet
erans Admihistration to some of
the many current questions from
former servicemen and their fam
ilies. Further information on vet
erans benefits may be obtained
at any VA office.
Q—I am the daughter of a v<C-
eran who died of a service-con
nected disability. Having com-
InDoor - OutDoor
Rugs
Reg. S22.96
SVzxllVg-$19.68
Q Is there any limit on the |
amount of .Savings Bonds one |
may) buy? |
A—Yes. The annum limit on
Series E Bonds is $-5,000, issue
price; the yearly limit on Series
H Bonds is $.5,000, face amount.
FIX-IT
iTii^
stair treads that are cov
ered will not be subject to
wear. An uncovered stair
way will, in time, develop
treads that are badly worn
along the edges. When an
edge of a tread begins to
splinter away or is badly
worn down, chisel out a re
cess in this worn spot ana
glue in a new piece of hard
wood. Plane the new piece
flush with the original con
tour of the tread and refinish
to match. If the tread is too
badly damaged, remove it
entirely and use it as a pat
tern to cut a new one. Fasten
the new one in position with
screws.
What's Freshest?
Look At Tag
Now all your
U.S. Savings Bonds pay
higher interest.
-1 tSim
A-
V . , ■
.RALETGH — How can you
tdl which carton of eggs, pack-
aige of bacon, container of cot
tage cheese or loaf of bread is
tile freshest?
You can usually 'find a code;
it you know what to look for.
Here are a few clues. Check
the color of twist or tag on
bread, numbers stamped on the
package, aniJ long serial num
bers or tiny notches on the label,
suggests Mrs. Ruby Uzzle, exten
sion consumer marketing econ
omist, North Carolina State Un
iversity
And, if you crack the code,
what does it mean? Some codes
indicate the packing date, others
the shipping date and still others
the expectwt spoilage date.
To help the consumer inter
pret these codes, a tolU is before
Congress that would require o-
pen dating on all perishables.
Each package would carry the
latest date on which the food
could be purchased with confi
dence that it was fit for con
sumption, given proper handling
and storage.
Even this woulid not guarantee
quality, since there are other fac
tors that go into a quality prod
uct.
The way food is handled and
stored, anywheie on the way
from the packer to y-ou, can alter
freshness. And you will need to
handle food properly at home —
do not leave it in a warm car or
on the kitchen counter, if it
should be refrigerated promptly.
Decipherinig codes or, prefer
ably), the open dating system may
help you buy fresher foods, but
it’s stUl up to you to maintain
quality by handling (and; storing
your purchases properly.
pleted high school, I would now
like to apply for VA educational
assistance. I undersfand VA pro
vides counseling, and I would ap
preciate such assistance to help
me decide upon a suitable educa
tional or vocational goal. Will the
VA provide this counseling with
out cost to me?
A—^Yes. The VA will provide
the assistance of a profe^onal
counselor to help you decide upon
an educational or vocational goal.
This counseling, at no cost to you,
is required for an eligible child
before approval of an initial
course, re-entrance after discon
tinuance of a program, or change
of program.
Q—was released from active
duty for hypertension after serv
ing only two months. This con
dition was suposed to have exist
ed prior to service. Since I aim
stUl within my 1 20-day period
since release, may I convert my
Serviceman’s Group Life Insur
ance (SGLI) to a private policy
to avoid paying a higher prem
ium?
'Mr. and Mis. John W. Carpen
ter, U6 W'aJker St., announce the
birth of a daughter, Sunday, Sep
tember 13, Kings Mountain hos
pital.
Mr. and Mrs. Teddy A. SiHdo,
Route L Box 250, Grover, an
nounce the birth of a son, Sun
day, September 13 Kings Moun
tain hospital.
Mr. and Mrs. Larry J. Morrison,
1825 N. Webb St, Apt 6, Gastonia,
announce the birth of a son, Mon
day, September 14, Kings Mouti-.
tain ho^kital.
Mr. and Mrs. Birdei L. Frazier,
323 Harmon Ct. announce the
birth ol a son, Monday, September
14, Kings Mountain hospUaL
Mr. and Mis. Conley £. Taylor,
512 W. 2nd Ave., Gastonia, an
nounce the birth of a daughter,
Wednesday, September 18, Kings
Mountain hospital.
Mr. and Mrs. Wm. H. Stewart,
710 W. Gold Street, announce the
birth of a son, Wednesday, Sep-
teunber 16, Kings Mountain hos
pital.
HERALD CLASSIFIED ADS PAY
•) m
Thi
r
ALL SEATS ALL SHOWS 50c SHOWS DAILY 3-5-7.9
SATURDAY l-S-5-7-9 — SUN. 1:30 3:30-9:00
Wed. Thru. Sot | • Sun. Thni Wed.
CUNT EASTWOOD ' I EvEiTlCTalia calls him Mister!
SMIRLEV MACLAINE
* MARTIm HACRiM eeeeociM
L'TWO MULES FOR
SISTER SARA
:T.mprn!miTiii'itfi
p
in :
to :
'1
has
tioi
dec
17H
unc
pro
esl
bel
V
bra
ADULT ONLY LATE SHOW HU. SAT. ONLY 10:30 tM.
"MOONSHINE LOVE" HATED (X) ALL SEATS $14)0
A—Yes. If you served more
than 30 days on active duty and
are still within 120 days of separ
ation, you have the privilege of
converting your SGLI.
Sgt. Ellison
Marine 01 Month
CAMP LEJEUNE, N. C—Marine
Sergeant Eric S. EHison, son of
Mr. and Mrs. Warren G. Ellison
of 607 Linwood Drive, Kings
Mountain, N. C., was named ‘'Ma-
line of the Month” while serving
at Marine Corps Ease, Camp Le-
jeune, N. C.
He was cited for his enthusi
asm and attention to duty as a
Marine Corps Engineer School In
structor.
Reseairch shows that the per
son who has consumed two cock
tails or two beers is twice as
likely to become involved in a
higjhway crash as the person
who is not drinking
’The economic loss due to auto-
mribUe accident in the United
States during 1969 has ibeen es
timated at $16.5 billion.
• oatwnwxwMwwu
Give the
present with
7^^ a future.
Buy U.S. Savings Ronds
& Freedom Shares
ICINGS l^UNTAIN'
|\ BESSEK«^ CITY
DRIVE-IN
THEATRE
BOX OFICE OPENS AT 7:00
SHOW STARTS AT 8:00
Atwoya S1.S0 A Cmloodl
Thurs. FrL * Double FMxtuie
NO. 1
THE SAUCING MOON Id Color
NO. 2
NAKED ANGEL In Color
Sot. Only * Triple Feerture
NO. 1
COUNTRY MUSIC GOZS TO
TOWN In Color
NO 2
THE SAUCING MOON In Color
NO. 3
NAKED ANGEL In Color
Sun. • Wed. * Double Feerture
NO. 1
VENUS IN FURS In Color
NO. 2
THE BRAIN In Color
Wed. Movies Run Beversa Ord.
MINES E
■
Now it’s ofllcial.
Now one of the safest investments
in the world brings you new and
higher returns.
Now your U.S. Savings Bonds
pay the highest interest in history:
a full 5 per cent when held to
maturity of 5 years and 10 months.
(4% tlie first year; 5.20% thereafter
to maturity.) Previously, these Bonds
earned you only 4^4% if you held
them for seven years.
Tlie new interest began June 1,
1969. So all of the Bonds you own,
no matter when you bought them,
have licen collecting higher interest
since that time.
Those Bonds are still replaced if
lost, stolen or burned.
You can still buy them through
Payroll Savings or the Bond-a-Month
plan.
Regardless of your other invest
ments, can you tliink of any easier,
better, or safer way to build a nest
egg for yourself?
It’s nice to know tliat you are
doing a little something for Uncle
Sam, too. The $52 billion in U.S.
Savings Bonds now outstanding in
the hands of millions of Americans
go a long way toward keeping your
country financially strong.
There never was a better time
to take stock in
America.
There’s a man at
the place where
you work who
can start you on
the Payroll Sav
ings Plan right now.
Bonds are safe. If lost, stolen, or destroyed, we replace them.
When needed, tbey can be cashed at your bank. Tax may be deferred
nntil redemption. And always remember. Bonds arc a proud way to save.
Take stock in America.
With hkiher oavinq US. Savings Bonds.
A REMINDER TO OUR
GAS HEATING CUSTOMERS
II Youf Service Has Been
Discontinued For The Summer.,
TO HAVE YOUR
NATURAL GAS
SERVICE
RECONNECTED
CALL
739-2561
DONT WAIT
CALL US NOWI
in US
RECONNECT
NOW!
Be ready for th efirst chilly weather! When cold
weather hits, we will be swamped with calls
... so be an early bird — call us NOW to re
connect your Gas Service.
CITY OF KINGS MOUNTAIN
UnUTIES DEPARTMENT
WATER LIGHTS NATURAL GAS SEWER
Tke Htodi SeftAaium(i£
StaiMfm loymaim dII&i em!
finest Qua/ity-^
O) •
“AVON ROSE”
with $5.00 in Trade
Punched on Merchandise Cord
SAVINGS OF UP TO 40%0N
OPEN STOCK COMPLETER ITEMS!
AVOHe-ROSE: A graceful rose pattern in
gleaming mirror bright all stainless steel.
A pattern equally at home with either
contemporary or traditional table settings.
Guaranteed rust-proof, stain-proof, and
completely safe for use in automatic dish*
waehers. Will remain everlastingly bright.
Pick up a merchandise card and start to
ward your complete set today!
SAVE UP TO
90%l
Votues to 99f for only
Imaeinr! Acof»n'i^»«- 4A pc.
9«rvic< for 6 (136 4o
for only }4.32! Or a / J-'
Mrrico fer12($39.60 vo'we)
for only $6.48. .. . Build oi
torse o 9«r 01 you with.
MOUNTAINEER PHARMACY
W. MOUNTAIN ST.
Player of the Week
Chase Game
MIKE MOSS
Receives a Pair ol Dexter Shoes
Fulton’s
I Vi