Alton Evening Telegraph from Alton, Illinois on July 11, 1963 · Page 15
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Alton Evening Telegraph from Alton, Illinois · Page 15

Alton, Illinois
Issue Date:
Thursday, July 11, 1963
Page 15
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THURSDAY, JULY 11,1883 At/it>N EVENING TELEGRAPH SPECIAL LOW PRICED at THURSDAY, FRIDAY and SATURDAY ONLY! C u st b in ; - iZiajtv r e d- 1 o, "y bli r • o rdle r l100f|Jta^ary fyjjtitf r e v^rsibl e •Ieat:::cwil>ri!; iiiliisSSir^ 1 ^/^: Lounge chair, wide and lux' urious! Easy rolling casters! Contemporary Sofa and Matching Lounge Chair This fresh new Kroehler 2-Piece Suite combines smartly tailored design with the luxurious comfort of non-sag cloud soft 100% Foam cushions and deep sculptured Foam backs with the zestful beauty and long wear of 100% Nylon Pile upholstery ... two outstanding features that will keep your living room new and attractive looking for years! *166 Recliner footrest raises automatically when you lean back! HAIR SALE Choice of Foam Cushioned Recliner or Lounge Style! Two chairs with but a single thought! To make your rooms more comfortable, livable, lovable! Both with resilient foam cushioning everywhere ... in the seat, deeply-tufted back, wide arms, too! Both upholstered in leather-look plastic that wipes clean! Recliner has a hidden footrest! each As Low As $5 Month 2 Teacher Employed In Unit 10 Three that Swivel and Rock! Foam Cushioned Everywhere! Take your pick of Early American, plastic or Nylon pile covers I Each: As Low As $5 Month Early Amfirlwn Fabric C«vtr I ' f ' , ... • VI Fabric-Backed Plastic Cover Nylon Pile Cover Here are attached pillow-back chairs that are just waiting for you who yearn for quality as well as comfort, beauty and low price, too! Each chair features 100% Foam reversible T-cushion, Foam Cushioned platform arms and deep, restful backs! Gracefully tapered legs are walnut- finished with self-leveling brass ferrules! And, only $29,88 each! Open Every Night t 200 Miles Free Delivery • Use Your New Charge Card — John , 0. •-< Burrh, superintendent of Unit School District 10, hns annoUilc- ed the employment ot two teach-, ers to fill Iho two vacancies In the high school fnc.uHy, Lawrence V. areeinvocxl .tr, of Olney has been employed as mathematics instructor. He is. fl graduate of Southern Illinois University, Carbondnie, and was. a teacher in the mathematics department of the Marlon, 111,,;' High School in 1062-1963. Miss Cherie Henrti'lX of High-; land, a 1963 graduate of Green- 1 ville College has been employed: to teach social studies in the; high sdiool the coming year., While attending college she was- employed in secretarial positions, as dean of girls, and dir- color of recreation at the Christ-;, ian Church Camp. Miss Hendrix is taking graduate work at Greenville College this summer and Mr. Greenwood is attending Southern Illinois University summer sessions. NewTaxRules Give Higher Depreciation By SAM DAWSON AP Business News Analyst NEW YORK (AP)— While businessmen—and the rest of us— sweat out congressional debates on proposed cuts in income tax rates, some corporations have made a neat saving already. Some $2.3 billion, the Department of Commerce says. The cash benefits may go even higher when this year's tax bills are figured. The cut in tax payments came from new rules on figuring depreciation — the wear and tear that the tax collector denies individuals to claim, but allows on machinery and such. The $2.3 billion savings hopefully was channeled into new ; machinery, plants or other business activity. This would help the econ- my to grow — and even more lopefully, provide more jobs. A sizeable jump in machinery,, •xnd tools orders, a slight increase; in plans for more spending for plants and equipment, teamed up with general increase in business activity to lift the economy higher and faster than the govern-, ment experts had expected at the star of this year. Some of this seems likely to be traceable to the tax saving? of, the new depreciation allowances.. These are of two kinds. FirjSt; Congress voted to allow corpora-! tions to deduct up to 7 per celit from final tax bills the cost pf new equipment. The Commerce Department says corporations do: ing so saved a total of more thaji $1 billion in 1962 on their tax bills: Second, the Internal Revenue Service issued new rules allowing faster writeoffs for tax purposes for depreciation of machinery and other equipment, whenever purchased. This depreciation allowance reduces the gross earjl- ings on which taxes are due. •£: The Commerce Department thinks this increased such writg- offs by $2.4 billion last year. And corporations thus trimmed tax liabilities by at least $1.2 billion.^ Carrolltoii Club £•' Meeting Postponed ^ CARROLLTON — Meeting ^ the Past Noble Grand Club of the Rebokah Lodge scheduled fo'r Friday, July 12, has been postponed and will now be held July 24 at the home of Mrs. Hwel Price, with Mrs. Bob Hubbard as assisting hostess. :,..; Undergoes Surgery -'v ; CARROLLTON — Kenneth Rbb- inson, a farmer residing in the Kane vicinity, underwent major surgery Wednesday in Barries Hospital in St. Louis. His Chilean, Miss Agnes Ruth Robinson, MJSS Virginia Robinson and Fred Rpl* inson ot Kane, accompanied- by their aunts, Mrs, Basil Price, ot lockbridge and Mrs. Ed Weber jf Carrallton, went to St. Lpujs Vcdnesduy to spend the day with lim. Robinson's mother, Mrs. E4- th Robinson, spent the day in Al on with her sister, Mrs. VhiU'side. Wins I! Killing CARROLLTON — Greene y -l-II Clubs sent two Judging earns to the state livestock Judf- ng contest July 'I lit University ot llinois and the results havo b$n •eceived this week in the o '•Mm adviser, Miss Tyunn Moss, n he dairy judging team, reu nn individual rating of B, both judging teams receive rulings. Members ol the , judging team were Tyann Larry Mears, Lynn Cttrtor, Best and Phyllis Klttlt. of the livestock judtfing team Jerry Joyce, Richard AU Donald KuUtlliW, and Jaaws Shusv, BROADWAY & PIASA, ALTON, ILLINOIS 1 f COHIO u serious threat to tyro in ita .'Swfo Pi" [ y ' llun

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