12 Jun 1952
Page 1
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Newspaper
Graettinger Times
Location
Graettinger, Iowa, United States of America
Date
Jun 12, 1952
Page
1
Farmers and other business men should study the new E bonds issue for tax benefits. Surrender values exceed prior bonds and interest need not be reported until redemption. The plan allows tax free holding in profitable years and cashing during low income years to apply accrued interest to taxable income, building a twofold advantage for enterprises like farming.
The document describes how investing in E bonds reduces income tax during low profit years and levels spendable income for retirees. It notes bonds can be held 20 years without taxes on accrued interest, benefiting those aged 45 or older approaching retirement. The plan combines favorable interest, automatic surrender, and special tax privileges for substantial after retirement relief.
Immaculate Conception Church offers 7:30 and 9:30 a m Masses with confessions Saturday 3 to 6 and 7 to 7 30 p m St Pauls Lutheran: Sunday School 10 at Staettinger and 10 30 at South Walnut Daily Vacation Bible School program at Sunday School Parents invited Sunday services at South Walnut 9 30 and Graettinger 11 The Methodist Church invites attendance on Sunday June 16 with Sunday School 10 Worship 11 The Annual Conference of the Methodist Church will be at St Johns Methodist Davenport Town June 18 to 22 Pastor will attend.
A church conference announces no services at the Methodist Church on Sunday June 22 with services resuming June 29. First Lutheran Church holds service at 9:15 with Rev. Gilbertson and Bible school in worship. Sunday School at 10:15. Wallingford and Graettinger area Lutheran activities include choir rehearsals, Father’s Day events, and Junior Bible Camp June 22 29 for ages 16 and up with registration $14.50.
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