A Penny Saved Is A Penny Taxed Debate On Tax Proposals
The piece weighs current tax ideas from state and federal leaders. It explains how stock and bond income faces taxes from both levels, arguing the effect on ordinary savers and retirees. It notes Governor Lawrence and President Kennedy proposals raise levies, and warns of reduced incentives to invest if passed.
MENTIONED IN THIS ARTICLE
Benjamin Franklin
Richard
Doctor Franklin
David L. Lawrence
General Assembly
Contagious Civic Cooperation Sparks Fountain Fund Drive
An article chronicles how civic cooperation spread from a Folk Festival to a United Nations fountain project in New Castle. A Fashion Show and water carnival on June 24 will raise funds, with a $500 statewide prize to support the fountain fund. More activities are planned as volunteers rally around the goal.
MENTIONED IN THIS ARTICLE
United Nations
United Nations Committee
Fountain Fund
New Castle
Fountain
New Castle News Staff and Contact Details
New Castle News published daily except Sundays from 29 North Mercer Street New Castle Pennsylvania. Richard E Rentz is president and general manager Jessie Treadwell Anderson is vice president and treasurer J Fred Rentz secretary and assistant treasurer Eleanor Treadwell Payson assistant secretary Bart Richards is representative editor James W Trevitt editor Advertising and Credit Manager Bell Telephone private exchange Oliver handles wants ads. Subscriptions: home delivery daily 420 weekly mail rates in Lawrence 7th and Beaver counties 1.50 monthly 3 for six months or 14 a year Out of counties 1.75 monthly 10 for six months or 18 annually at leading newsstands.
MENTIONED IN THIS ARTICLE
The
News Company
North Mercer Street
New Castle
Richard E. Rentz
Tb Teererere
Jessie Treadwell Anderson
Ass't
Bart Richards
Ypriah
Lawrence
7Th
Beaver
Two Mayors Same Trouble Across Eastern Cities
Democratic mayors in Philadelphia and New York City face payola scandals in school construction and elevated railway repairs. Wagner and Dilworth deny misconduct, but investigations loom as Republican opponents eye political gains in Pennsylvania and New York.
MENTIONED IN THIS ARTICLE
Washington
UPI
Texas
Pennsylvania
New York
New York State
Philadelphia
New York City
Payola
Robert F. Wagner
Wagner
Board of Education
Richardson Dilworth
Dilworth
Waener
Dillworth
Dilworff
New Yorker
Nelson A. Rockefeller
Rockefeller
Civil Defense Needs Real Action Not Apathy
The piece argues that civil defense has been underfunded and ineffective and urges practical steps. It highlights new director Frank B. Ellis and President Kennedy pressing Congress for a meaningful program, counters the idea that defense is provocative, and notes Soviet civil defense buildup as justification for American action.
MENTIONED IN THIS ARTICLE
Congress
Kennedy
Frank B. Ellis
New Orleans
Southern
Mr. Kennedy
Khrushchev
Vienna
Mr. Ellis
Kremlin
Soviet Union
Facing Defeat Through Faith and Astronomy Tonight
In Today's Living meditation urges endurance and humility after hardship, urging readers to seek Bible guidance and trust in God. The column also notes a rare Uranus Mars conjunction tonight visible after moonset in the western sky with binoculars and late observing tips.
MENTIONED IN THIS ARTICLE
God
Paul
Timothy
Jesus Christ
Mars
Uranus
Hungary 1946 Inflation Tops History With Quadruple Pengo Value
In 1946 Hungary faced the most extreme inflation on record with the 1931 gold pengo worth about 1.3 quintillion paper pengos. The bit of financial upheaval is noted in a United Press International brief under Now You Know.
MENTIONED IN THIS ARTICLE
United Press International
Hungary
Understanding price earnings ratios in stock investing
The columnist explains price earnings ratio as market price per share divided by earnings per share. He notes ratios vary by industry and stock driven by demand and growth expectations, with high quality growth stocks trading at higher multiples. He also discusses accessibility of broker reports and weekend or evening office hours for investor inquiries.
MENTIONED IN THIS ARTICLE
XYZ Corp
XYZ Common
Readers praise Army Field Band visit to New Castle
Letters to the editor applaud the U S Army Field Band concert at Taggart Stadium on June 10 1961 calling it edifying educational and entertaining and thanking The News for bringing the troupe to New Castle signed by R J and J Fred Rentz and the Weller family.
MENTIONED IN THIS ARTICLE
New Castle
U.S. Army
R. J
J. Fred Rentz
U.S. Army Field Band
Manning Weller
John Weller
Tom Weller
Don Weller
Do You Remember the Resena Dam and Pearson Mill
Do You Remember recalls the Resena Dam that supplied water to the steel company located west of the Mill Street bridge. It was dynamited to stop flood waters from backing up and flooding the area. The piece also notes the old Pearson mill and dam farther up the creek.
MENTIONED IN THIS ARTICLE
Resena
The
Steel Company
Mill Street
Pearson
Pennsylvania subsidizes out-of-state medical students in budget plan
Pennsylvania taxpayers under Governor Lawrence’s 1961 62 proposal continue funding medical schools that attract, train and later send students to other states. About 20 percent of Keystone State medical school enrollment is from out of state with $7 million projected state aid for 13 months. New Jersey and Florida policies differ, with Florida subsidizing residents training in other states.
MENTIONED IN THIS ARTICLE
Harrisburg
Pennsylvania
Keystone
Lawrence
Pennsylvania State University
New Jersey
Seton University
Florida
Mason-Dixon Line
Broadway gossip and stars in restless trade winds
Dorothy Kilgallen surveys show business chatter from Rudy Vallee, Tammy film buzz, and a clashing mix of TV dates, stage plans, and party sightings. Debates over contracts, cast loyalties, and nightlife cash paint a portrait of Broadway soon.
MENTIONED IN THIS ARTICLE
Miss Midnight
Rudy Vallee
Rudy
Howard Lindsay
London
Hidden watchdogs stop midnight grocery robbery in New York
Two gunmen entered a New York grocery after midnight and robbed owner of 118 dollars. The owner freed by dogs burst out and lunged to stop the robbers, allowing a patrolman to arrest them. The scene ended with the attackers in custody.
MENTIONED IN THIS ARTICLE
New York
Also Mentioned on This Page
United States
Commonwealth
NEW Castle News
By Lylec, Wilson
U. S
Drummond
Gene Stone
Thomas A. Whiting
All Times
Bible Thought
the Daily Investor
William A. Doyle
New York Stock
New York Stock Exchange
Stock Exchange
M. Doyle
William Doyle
the News
Taggart Stadium
By Mason Denison
Mason Denison
the Voice of
Broadway
Dorothy Kilgallen
Debbie Reynolds
Sandra Dee
Tammy
Sandra
Rogute
Harry Karl Mansion
Kilgallen
A.S
Andy Hardy
Boniface
Grace Metalious
Donald O'Connors
Vikki Dougan
Geordie Hormel
Leslie Caron
Joe Levine
Embassy Pictures
Martha Wylie Emmett
Mark MacDonald
Chicago
Joan Elliott
Tuesday Weld
California
Richard Beymer
Joan
Betty Grable
George Gobel
Bob Newhart
Freddie
Huntington Hartford
Teddy
Groucho Marx
Hunt
Dee Hawks
Dee
Groucho
Eden
Monique van Vooren
Destry
Abc-Tv
Gene Barry
Monique
Songwriters Protective Association
Harry Truman
Phil Silvers
Mr. Truman
Phil
Mr. Silvers
By James Keller
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