NOTHING VENTURED NOTHING GAINED TAX FEAR DRIVES RISK AVERSION
The TV show The $64,000 Question dramatizes how income taxes deter risk taking. The $23,000 tax gap for the $64,000 winner versus the $32,000 winner shows why many avoid chasing the top prize. New York's First National City Bank warns the harm goes beyond individuals, reducing opportunities and government revenues, urging respect for diminishing returns and encouragement of risk taking.
MENTIONED IN THIS ARTICLE
New York
First National City Bank
Florida Light & Power Announces 20 Million Expansion
The Ft. Lauderdale Daily News editors argue the 20 million expansion by Florida Light & Power will be the state’s largest project. It will take three years and boost the area economy, but profits for stockholders will be limited by regulated rates and the need for ongoing plant spending.
MENTIONED IN THIS ARTICLE
Ft. Lauderdale
Florida
Daily News
Florida Light & Power Company
Public Service
Quite a Combination boost for Christmas sales and competition
Sylvia Porter predicts Christmas retail sales will hit a new record due to strong employment paychecks and aggressive promotions by retailers. She argues free competition drives price cutting for volume, keeping profits slim despite high sales, as merchants seek the best trade through inducements.
MENTIONED IN THIS ARTICLE
Sylvia Porter
Workers to own tools of industry via employee stock plans
An oil company head argues that employee stock purchase plans can broaden ownership of tools of industry in the United States within a generation. He cites economic education as a key goal and notes surveys show many adults cannot define common stock, urging wider adoption to fund growth, jobs, and living standards.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
America
Local Notes From Ridgely and Vicinity
Ridgely and Cambridge residents are listed for hospital stays visits and social events. Grace Vernon Smith reports Ridgely patients at Memorial Hospital Easton while Anita Knobl spent time in Philadelphia. Local clubs and churches hosted meetings and charity drives as residents travel, celebrate and heal.
Local Society Notes From Hobbs and Vicinity
Hobbs WSCS to meet Mrs Frank Willoughby next Wednesday afternoon. Mrs W G Holbrook spent Tuesday in Baltimore. Mrs Clara Stafford stayed with Mr and Mrs Roy Adams in Oil City. Mrs Frank Wright visited sister Mrs Bertha Beck in Denton Monday evening. Miss Ann Butler overnighted with grandmother Mrs Lewis Butler Wednesday. Mr and Mrs J H Edgell visited Mr and Mrs L H Thomas Friday. Clara Stafford and Rusell Stafford drove to Easton last Wednesday. Mrs Lewis Butler stayed with Marvin Butler at Tuckahoe Neck recently. Bobby Seward has an infected finger and Billy Towers a sore throat. Charlotte Lister underwent appendectomy in Memorial Hospital Easton. wishes for speedy recovery. Miss Elizabeth Hoffman visited Miss Lydia Dandy and sister Mrs Frank Wilson last Saturday. Eldon Marine and wife of Denton were Thursday evening guests of John E Lister. Grover Willoughby and family of California traveling by plane.
MENTIONED IN THIS ARTICLE
WSCS
Frank Willoughby
W. G. Holbrook
Baltimore
Clara Stafford
Roy Adams
Oil City
Frank Wright
Bertha Beck
Denton
Ann Butler
Lewis Butler
J. H. Edgell
L. H. Thomas
Russell Stafford
Easton
Marvin Butler
Tuckahoe
Bobby Seward
Billy Towers
Charlotte Lister
Memorial Hospital
Elizabeth Hoffman
Lydia Dandy
Frank Wilson
Eldon Marine
John E. Lister
Grover Willoughby
California
Local Social Notes From Preston Area
Mr T L Trice Jr remains a patient at Memorial Hospital Easton. Mr and Mrs C David Osteen attended a Sunday buffet at Mrs Osteen’s parents home in Baltimore. Harold Klahold and children visited the Carmine family in Rydal Pa over the weekend. Monday Bridge Club gathered with Mrs Lee Noble. Dr Lee Holt is at Johns Hopkins Hospital after a major operation, Mrs Holt with him. Dr Harold B Plummer spent days in New York City for a medical meeting attended by Mrs Chandler of Washington.
MENTIONED IN THIS ARTICLE
Ridgely High School
Emmitt Messenger
Prospect Park
Harry Grub
James Shively
Bessie Kemp
Trappe
Frank L. Slaughter
Lois
Florida
Daniel Hollingsworth Sr
Daniel Hollingsworth Jr
T. L. Trice Jr
Memorial Hospital
Easton
C. David Osteen
Holt
Harold B. Plummer
New York City
Wm. Chandler
Thanksgiving social notes and visits around town
Ton visits guest of Mrs Creighton Carmine for a week. A Thanksgiving Service was held at Bethesda Methodist Church. Mrs Wm McAllister spent several days in Washington with relatives and returned Sunday. Mrs Katie Parker visiting Hickman for a week. Mr and Mrs Dick Greenfield spent Thanksgiving with Mrs Joseph Gallagher. Mr W Joseph Harris of Baltimore visited his parents over Thanksgiving. Mrs May LeCompte Fooks spent Saturday in Salisbury.
MENTIONED IN THIS ARTICLE
E. J. Harris
May LeCompte Fooks
Salisbury
Scout Executive to Meet Parents and Cubs at Community Hall
Tri County District Boy Scout Executive Bruce Ayars will meet with prospective parents cubs and committeemen Wednesday November 30 at 8 p m at Community Hall. All questions about the organization will be answered. No child can be registered without a parent present. Also notes weekend visits and travels of local residents with Greensboro Dover Lakeland Baltimore and Milford Hospital mentions.
MENTIONED IN THIS ARTICLE
Bruce Ayars
Tri-County
Cuch
Carol Lee Smith
Diane Taylor
Greensboro
Omro Todd
Wesley Junior College
Dover
Clifford Schaub
Also Mentioned on This Page
Denton Journal
Melvin & Johnson, Incorporated
Benjamin F. Jonson
Mary Melvin
Market Street
Maryland
Caroline County
National Editorial Association
ONE Stop Purchasing and Marketing Service
Southern States Farmers’ Supply Cooperative, Inc
Denton, Maryland
Rrea PT
Nyc
Grace Vernon Smith
Ridgely
Harry Clark
Mary Laird
Ronald R. Lane
Eastern Shore State Hospital
Cambridge
Norman Wilson
Wilmington General Hospital
Wilmington
Edna M. Detwiler
Emmit Messenger
Caroline Bird Club
Harry V. Branford
Rehoboth Beach
Alan Temple
Seaford
Del
Edward Pearsaul
Harry Sivann
James Swing
Beatrice Bower
Richard Blackburn
Ridgely Homemakers’ Club
Ridgely Lions Club
Connolly
William Connolly
Faye Gibson
Queen Anne
Thomas Shortall
Diane
Wheeleysburg
Arthur Condon
Woodbine
Carroll County
Hubert Stedman
Millsboro
Harry Stedman
Stedman
Parent-Teachers Association
Caroline
Washington
Gertrude Smith
J. A. Willoughby
Here
James C. Hardesty
Carlton
Harrington
Roland Towers
Nelson Henry
T. H. Towers
John FE. Lister
Iaston
L. Hopkins
Hobbs
H. Thomas
Hone Denton
Bowen & King, Inc
Guild OF Prescription Opticians OF America, Inc
Harrison Street
The
Denton National Bank
Member
Federal Reserve System
Preston
Community Club
Edna Carmine
Goldsboro
Roland Cartwright
Gale Electric Company
Chevrolet
Plymouth
Ford
Nash
5Th & Gay Sts
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