Courier-Post from Camden, New Jersey • Page 20

COURIER-POST, Cmdn, N. Thundoy, 0tmbr IS, 1940 20 Realty Taxes On Farms Hit New Uccord Million School Plans Get Approval I GLASSBORO-Preliminary plans for a $2 million high school to be built jointly with Glassboro State College were approved Wednesday night by tho board of 3 MINUTES A DAY Py JAMES KELLER The Daily Investor By WILLIAM A. DOYLK Transportation Group To Meet Toniplit Tlio Tit County Chapter 15.V Pelt a Nu Alpha Transportation Fraternity will meet tonicht nt the Owens Corning Kibcrglas Riverside Planning Land Fill of Dump RIVERSIDEGeorge Gray sanitation director, told committee Wednesday night he hopes to start land-fill operations at the dump soon to comply with state law. Gray also asked that a new dump truck's motor bo replaced with a heavier one costing $600. Committee changed its next meeting date from Jan.

28 to Jan. 30. It also announced the reorganization meeting date as Jan. 1. Q.

Can you explain the most simple wav that a "put" can be a good thing for the ordinary In vestor to stay away from.1 Pitman Board Adds $71,880 In '61 Budget riTMAN The board of education Wednesday night tentatively approved a 1961-62 budget calling for a $71,880 increase. A public hearing to acquaint borough residents with the budget will be held Jan. 18 at 7:30 p.m. in Pitman High School. Two factors were mainly respon Company plant.

Rarrinqton. education. The plans will be reviewed Jan. 11 in Trenton by the State Depart By WILLIAM A. GARRETT Gannett News Service WASHINGTON The nation's Clarence Widdell, owner, Vtklns USP(1 to p.olcd a pi.0flt jn Q.

My niece is a beneficiary ofi ft i i a will. It provides that she receive the income from a trust fund. She will never receive any farmers are paying the heaviest real estate taxes on record. Those In the northeastern states mcnt of Education. To finance the school tho board estimates it will havo to issue bonds worth $2 million.

The board I 1 it nl.ni ti Hadnonfield, will be principal speaker. Widdell made a recent Put fn' that ils not trip throuuh Russia and was able too clear to me. to take many slide photographs' A. A put is simply an option, which he will show at this meet- holder of a put option has the of the firincinal Ktnrlf rlividnnrk have been paid on some of the Ult muni Ul 1,118 stocks held in the trust. ing.

My niece thinks she should nsl KrlculTe Pariment re- hold a bond referendum In March. The proposed school will bo located on a 38-acre triangle bounded by Carpenter Hcston rd. and the Pennsylvania-Reading right to sell a specified number of shares of a certain stock at a specified price within a specified period of time, No explanation of a put is complete without a definition of a OSLO PLANS PLASTICS SHOW OSLO An international plastics exposition will be held in Oslo ceive the cash value of those stock dividends as income. But ln, faLtaxcs has been Nmv Ynrlf ntv uhi-h'matched closely by a rise in the Hell Employe Ketires Afler 1 4 Years A Smith. lfWR Manic market value of rural real estate IScashore Line.

acts as trustee says that, in ac May 20-31. The continued rise of these cordanec. with New York law, call. That's just the opposite. A Haddon Heights, has re- Van opt )UV a specified such stock dividends must be r0 was lAhc frcd from New Jersey Bell Tele- ZTZl a cCSin tained as principal.

Does JLJ iOZTZ $13 00 INSUIATIO TOP CIAIN $31 110 lb. Barbells Dumbbell Set Timex Watches 20 DISCOUNT ICE SKATES $999 sible for upping last year's budg-, et of $899,280 to the proposed figure of $971,160 anticipated salary increases for teachers 000 in the new budget as opposed to $520,000 in the present one) and hiring of additional elementary school mentors. Additionally, Pitman loses $.18,. 000 in tuition from Mantua Township. At present 165 Mantua pupils bring in $72,000 in tuition to Pitman's coffers, but Mantua will only send 90 pupils to Titman High next year since it is one of Jhe districts in the new Clearview Regional High School.

Pitman expects just $34,000 from those 90 iiiuiiiviniiiii nun ii tuiii'Vb on per cent of all local property The department said farm real estate taxes represent 17 per cent phono to. after years oi S0l.k at a price within a mm "Rti to service. 'specified period of time. A- Yps. This situation varies Smith started his telcphnncj you )niv a pllt on a certain from state to state.

But, in New career in 1916 in Camden as a Sn( when you think that stock Yorlc, the way the bank explained wireman in the company's plant K0 jn prjrc. You buy it Is 'frrect for trusts created or department. His entire service a ra 0n a stock when you think established after May 17, 192(5. ii'iie rnnnl in trnrtmiff rwwttinnc in it I Know Your Fads The average psrson who owns stock shows an appalling lack of knowledge about the company In which he invests his money. To make matters worse, his grasp of financial affairs is often quite shaky.

These conclusions are the result of a survey of 2,000 shareholders made by an investqrs' group. Three-quarters of those interviewed had a college education, but most of then could not name a single product of the companies into which they had bought. An even larger percentage could not name the president of any of the corporations in which they had invested. We can be our own worst enemies by neglecting to make a careful evaluation of our material, intellectual and spiritual strength. Take practical steps to be-come well-informed alwut your temporal and eternal destiny.

Too much is at stake to do otherwise. Bo tireless in seeking knowledge, which is the basis of good judgment No one can do it for you. "Be prudent therefore and watchful in prayers. But above all things have a constant mutual charity." (lTeter Enlighten us, Holy Spirit, with the understanding neccs- TOVK 21) TO 40 IMM OI AT of net farm income in New Jersey, IS per cent in New York State, 15 per cent in Connecticut and II) per cent in Illinois. 1 1J I Mill WIIIIIW 111 I $1 00 All UATHIR BRIEF CASE SA93 the company's plant department I ALL TIANSISTOI radio $830 i r.ni.'ifor $11 A put can be used fairly easily Most of arP in RINK SKATES S10.95 Chicago Skates SI 3.99 in the Camden area.

protect a profit. 'mutual fund shares including iiuuuui luini tin intuitu iaxes per acre of larmiana are i I Investors Trust. I highest pint ln( in New Jersey. There Al'SSIi: TEST U.S. VACCINE like that one because it is the old- they amount to $915 per acre, S4MSONITE LUGGAGE AT LOWEST PRICfSf has the stock's market value CANBERRA A measles V.

i YIlJlW est Mutual Fund, just alout the compared to 10 cents in New ilUHUUi UIIU, III. kaywoodii rim, cine from the United States is cum hm io a sna. c. biggest and has alwavs seemed to Mexico, at the bottom of the pupils. Amount to be raised by taxation I in the new budget is $:89.9.10 $71,880 more than the last budget's Capital outlay appropriation is $39,447.

being tested in Australia. It is said a on iw snares jne pui gies do W(1 me T1)p a ronson zirro IIOHTHS 20 $14 PROCTOR AUTO. TOASTER or STEAM and DRI IRON $99S you me ngm 10 sen jw oi Th cot its fieiires CIGARS PHIUIIS, I PtODUCTO DUTCH MASTEI, Oih.n Holiday Pticest to be 97 per cent effective. DISCOUNT Moscow's famed Bolshoi Ballet XYZ anytime within the next 90 inveslnient When I asked in a survey by K. D.

Stocker. a days at $.0 a share. hp refUSP(j to answcr. Can farm economist for the Agricul- If the market price drops to h-m whv? (lrai Rpsparri, Service, who WO a share you exercise your put jiure. It's because that wise checked 27.000 "sample" farms option and sell the 100 shares at (kWt know what hp was and 3 ocal ax officials.

$:.0 a share. ou get $1,000 more ahouf shm(j Farm taxPS cnminR in lhi, ypar STAG VARIETY STORE evolved from a dancing class or 1100 BROADWAY, CAMDEN WO 6-4973 ganized in 1773. for homeless children in a Moscow orphanage. Kir jour MO(K you woum thi-mrintr nn wi hit 119 ash Election of Officers of the Camden Branch N.A.A.C.P. flat Pn rottpnnrd I nlll December 21 at 8 P.M.

In flit flunk Hall SI. Augustine Episcopal Church ttti 1YCAM0M CAMDIN P. UIVJSH WI0CIN5, COIDON I. WIUIAMS, fvh. a scare like that into you.

pillion. per cent over a year I MIT is a good mutual fund. You ago, The department said this can see that by looking at its rec- is the greatest tax increase in a ord over the years. Stick with it. dozen years.

have by selling it in the open market. You have protected your profit. But, is it all profit? No. You had to pay for the put option when you ljought it. Tuts and calls can be expensive and complicated.

While they can be a handy device for the speculator, they are Oh sary for salvation. FER RYBOATS I'SE HYDROFOIL SAN JUAN, Puerto Rico-Hy. drofoil ferryboats are in use be. (Mr. Doyle will answer only V.

TAKES 40 PCT. reprensentalive letters of general, SAN FRANCISCO Annual interest in his column. He cannot I'nited States grape production is answer phone queries). about six billion pounds. About tween Puerto Rico and the Virgin CnnvrigM.

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