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Anderson Daily Bulletin Newspaper Archives Dec 23 1963, Page 3

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Anderson Daily Bulletin (Newspaper) - December 23, 1963, Anderson, Indiana Monday december 23, 1963 Anderson daily bulletin braced for t Day Here a what you can do now cd Arm cd by Alma Jean Sumpter features with Holiday styling True a face May Lack perfection but with a few Clever tricks its faults can be c a in o a flawed. Did you know that Correct Tive work can be done on the coiffure alone. It takes the knowledge and experience of an expert in the Field to obtain satisfactory results for you. Now is the time for that special Hairdo. An attractive new styling will increase your Holiday festivities. Have your special Holiday Hairdo arranged now so that you will be at your Best during these festive Days. Have a color rinse for a touch of Glamor. Excel Beauty Salon Bip state Road 67 East South Dale shopping Center Anderson 643 9382. 820 South 14th Street new Castle ja9-2407. Advertisement by Charles w. Schoeneman written for newspaper Enterprise Assn. Washington Nea a the almost certain prospects of an income tax reduction in 1964 make tax planning for the few remaining Days of 1963 doubly important. Of particular importance is the Sale of property such As common Stock which could take place in either 1963 or 1964. Should you wait to sell in general it is Wise to postpone income until lower tax rates Are effective. Although there is no guarantee that Congress will pass the Kennedy Johnson tax Cut Bill we can assume at the very least that rates will not be higher next year. Thus although individual cases May vary planning transactions to put taxable income into 1964 and taking losses in 1963 is probably a smart move. The tax Cut Bill passed by the House and now before the Senate finance committee will have no effect on the individual 1963 tax return you must file by april 15, 1964. Tips on completing that return and gaining All the benefits entitled to you will be found in the forthcoming Nea income tax primer which the bulletin will carry in Early 1964. One note on Early filing of 111111 i it a in Iii it the Best things come in pretty boxes. Wrapped by p is has smart apparel run out of ideas give her a Roth s gift certificate its a fact i Van h Busen non resin Century Vanal us is guaranteed Wash and Wear for the life of the Shirtl and the Century Collar won t no resins Means Century Vana Lux remains soft comfortable and Wash in Wear for the life of the shirt no matter How you Wash it no matter How you dry it Century Vana Lux keeps its fresh perfect look and feel. Its guaranteed that Way plus another guarantee. The famous Century Collar. That won t wrinkle Ever contour crafted for the neat tailored look. A of. A rf.rfrflrf.-.-. A Vii air i 19 w. Lith your 1963 return which is of particular interest to new fathers if you filed a 1963 declaration of estimated tax then by filing your form 1040 and paying your full remaining 1963 tax by Jan. 31, 1964, you done to have to pay your fourth and final tax instalment otherwise due on Jan. 15. Men who become fathers in the period Between sept. I 1963, and Jan. I 1964, and follow this procedure do not have to file an amended declaration to show their new exemption. All other taxpayers who filed declarations of estimated tax Are reminded that final payments Are due on Jan. 15, 1964 your return for 1963 May be filed any time up until april 15. If you Are a stockholder there Are two key rules to remember if you want to postpone gains until 1964 or take losses in 1963. Most of us Are on the so called a Cash basis of accounting and these rules apply 1. To take losses in depreciated Stock in 1963, you must sell it on or any time before dec. 31. 2. To take gains As soon As possible on Stock which has appreciated in value but to postpone taxation until 1964, you May sell the Stock any time after Christmas Day. The House passed version of the tax Cut Bill has two advantages for owners of Stock and other capital assets which have appreciated in value first regular Ordinary income rates were reduced. Therefore for everyone filing a joint return with less than $44, 000 of taxable income the tax on capital gains is in general automatically reduced. Second a special category of capital gains was created where the Stock for example was held More than two years. For this category the amount of the gain included in Ordinary taxable income was to be reduced to 40 per cent of the gain instead of the present 50 per cent. There is a Chance that the Senate will eliminate this second advantage. But if the tax Cut Bill becomes Law at All it is almost certain that postponement of capital gains until 1964 will give you the first advantage of a lower tax rate. If your appreciated Stock has been held two years or More or will be held that Long by Jan. I it May be doubly Wise to postpone taxation in the Hope the House Bill will be the Law enacted and effective for next year. A a. Today in history by the associated press today is monday dec. 23, the 357th Day of 1963. There Are 8 Days left in the year. 1 today a highlight in history on this Date in 1823, the Troy n y., Sentinel first published Clement Moore a famous Christmas classic a a vist from St the selection was published anonymously without the authors knowledge. On this Date in 1873, George Washington resigned his commission As commander a in chief at the state House in Annapolis md., and retired to his Home at mount Vernon. In 1921, president Warren Harding signed a Bill to provide $20 million in famine Relief for the russians. In 1948, former japanese die Tator Hideki to to and six of his collaborators were hanged for War crimes. Ten years ago a Russia announced the firing squad Exdee tons of former Security police chief Lavrenti Beria and six of his aides. Five years ago a Pope John Xxiii delivered his annual Christmas message in which he called on christians to unite against the threat of communism. One year ago the first cuban prisoners liberated from f Del Castro a prisons in Exchange for . Medical and food supplies reached Miami. Income assets Are declared by sen. Morse Washington up sen Wayne Morse Dore made Public his income and assets Friday in a Senate speech urging action on legislation to re quire such Public disclosures by top Federal officials. Morse said his 1962 net in come was $9,585 on a Gross of $69,247 that included his $22,500 senators salary lecture fees income from his two farms and payment for his services Asim partial chairman of the nation a1 employees Benefit fund of the National employees Benefit Board. Morse estimated his assets mostly in farm holdings in Maryland and Eugene ore., As Between $388,000 and $438,000. Finn is Jii ban Helsinki up Finland has formally pledged its adhere once to the Moscow nuclear test ban agreement. President la rho Kekkonen Fri Day night signed a Bill approving adherence and making it Legal for any nuclear test to be held in Finland. A. . Hand mixer. Frank Krallis $12.93, Page i Ien neuf always rest Quality right before Christmas la i ism i is Lipf of jul p i k a sep j a j you re really looking for bargains to band to your Christmas budget. A re s a store full special personal or House perfect take your Pickl give a Penney gift certificate Here How to say merry Christmas in any one of 1700 Penney stores from coast to coast name address the amount you wish to give your Penney charge card and. A Stop at your nearest Penney is Oil it takes save on men s % length zip lined All weather Coats $ 17 sizes 34 to 42 38 and 40 Long h one of the most practical versatile gifts you can give he can Wear it rain or Shine has zip out lining for extra warmth popular a length styling in deep tones. Save save on girls better skirts and sweaters sizes 2 to 6x ____________2.33 Choice of Bulky knit Slipcover or Cardigan style sweaters in machine washable Turbo Orlone acrylic in solids or fancies Box pleated plaid skirt of Orlone acrylic. Top values. 2 99 each size 7-14 festive values women s gift boxed blouses 28 and 398 All toys greatly reduced for Quick clearance 1288 27 Indianapolis speedways banked turn crossover Lap counter 15 Ben Casey doll sets____________________2.33 25 18-piece electric trains_____________.___7.66 8 big shot cannons______________________4.88 15 mighty Matilda ships __________________6.77 to toy washing machines .>4.77 15 tiny thumbs Tina dolls to barbies fashion shop sets fresh is a Snowflake in Crisp Quality Cotton and easy care Dacron. And we be frosted these Little classics with embroidery and delicate touches of lace. A variety of styles in sizes 32 to 38. 4.66 i 5 men s suburban coat buys Choice of Melton or Corduroy is off on our entire Stock of millinery rugged and smart looking wooly warm 20 of. Melton jackets in colourful plaids durable Cotton corduroys too both have orlon acrylic pile lining. 36 to 50. 12 electric Blanket special i 2-year replacement guarantee 88 men s and boys gift boxed ban Ion shirt and sock set men s sits ____________7 95 Holiday gift boxed set features shirt with looped fashion Collar and placket rib knit cuffs and Bottom. Plus 2 pairs of dyed to match socks with Crew Stripe trim. A terrific value. All ban Lon Nylon. Boys 498 boys Melton suburbans i Choice of knit Collar or self Collar styles in warm Wool blend suburbans with quilt lining. Solids or plaids. Sizes 12 to 20. Boys All weather Coats 7 smart All purpose coat any boy would be proud to own. Water repellent it can be worn in fair weather or foul. Tan Only sizes 12 to 20 dual control.11.77 automatic control for constant All night warmth 9 settings Rayon Cotton Blanket has deep Nap Nylon binding. Peacock Pink Green Gold. 2-year replacement guarantee full or twin. Single control 9 77 give a Swiss movement 17-jewel t0wncraft men s amp women s styles for that special Man or woman Penney own Tow Craft choose from Dressy classic sport models yellow and White round for ladies and men Oval for ladies. 12 88 tax prices slashed 50% on every item in our trim-a-h0me shop Beautiful buys 30 indoor 15-Light Blinker sets Christmas Flowers look assorted Christmas tree balls 200 ceramics and candles 1,22 60 pkg. Tinsel Gar Landing 49c so to 30c 60 table Centrepieces 50c Box 22c to musical lighted churches 2.4950c 30 Christmas wreaths 72c 26 inflatable 4-foot santas. 94< 30 glitter goblets. ________________50< 7 electric color wheels 144 25 Blinker tree Light sets i so shop rennet a until 8 30 p. M. On monday close at 5 30 . On tuesday december 24th

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