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Show PAROWAN TIMES, PA ROWAN, UTAH, JANUARY 12, 1956 of U Gets U of the department of aiding in chemical studies. One phase of the program will be an extended chemical analysis of crude gallic acid which has been found effective, particularly in its commercial state, against par-- i alytic polio in experiments on animals. The acid is used widely by photographers, Something done to gallic acid during the commercial- ization process apparently sets up a compound that we must isolate, analyze and then test. the U scientists agreed. They said that many nerve cells affected by the disease recover and they hope that some substance can be found chem-jster- Polio Research Grant Tilt National Foundation for Infantile Paralysis Thurs. granted the University of $86,027 to continue a search for chemical compounds which might prove effective against polio. Announcement of the grant was made by Dr. A. Ray U president, and Basil O'Conner, president of the national foundation. Directing the project will be Dr. Louis P. Gebhardt, head of the department of bacteriology at the U, with Dr. William J. Burke, head U-t- , I j i 01-pi- n. j Looking For a USED CAR College Graduates Entering Into Professions Must Report Earnings Box Elder Man Gets State ASC Appointment Leland Capener, Riverside, Box Elder County, has been appointed to membership on the Utah state committee on Agricultural Sabilization and Conservation. The announcement was made by Congressman Henry A. Dixon, member of the Committee on Agriculture in the U. S. House of Representatives. Mr. Capener, 50, is owner of a diversified, irrigated 80 acre farm in Box Elder Co. of a 500 He is also acre dry farm, and is a livestock grower. He is currently serving as LDS Bishop of the Riverside Ward. He is a graduate of the University of Utah. Mr. Capener succeeds Eugene V. Postma of Cache County for the three year term beginning January 1, er that will give enough extra support to recovery process to save additional cells, thus preventing or reducing Thousands of college graduates entering certain professions are now covered by the social security law, and will be required to report their earnings from for 1955, it was pointed out by Mr. Bill Feui-hatise- representative of self-employ- Dixon 1956. Congressman commended Mr. Postma for his service, and pointed out that the change was in line with Sec. Bencons policy of rotating members of the committee in order to give more widespread farmer participation in the administration of the Agricultural Conservation Program. Announcement of the appointment is made with the concurrence of Senators Arthur V. Watkins and Wallace F. Bennett and Congressman William A. Dawson. professional engineers to understand that if their annual net earnings from covered are as much as $400 in a year, such earnings up to $4200 in a year must be reported at the time they file Federal Income Tax Returns. Tlie.se returns are not optional and must include an annual report of income up to $4200 in a year and must be filed not later than April 15, 1956, it was explained by the social security official. Many professional people do not know that social security credits are based on earnings from e and surand Federal vivors insurance benefits are figured on such credited earnings In addition to paying the monthly retirement checks to eligible persons at age 65, e the and survivors insurance provisions of the social security law' give protection to the families of insured professionals who die at any age Mr. Feldhauser nt old-ag- old-ag- emphasized. In order to make complete and proper income tax returns under these circumstances, declared Mr. Feldhauser, a social security number is required by persons filing such reports. Applicatioas for social security account number cards can be obtained at your post office and your local social security district office, Mr. Feldhauser said. If someone has worked previously in a job covered by social security, he must continue to use the same account number. However, if he has lost his old card, he can get a duplicate containing the same number by filing an application at the post office or his district social security office. A representative of the Social Security Administration will be in Cedar City, on Jan. 17, at the Utah State EmOffice. Anyone ployment information further wishing may contact him at that time. NEW TRANSMISSION ry clean 951 De Soto 4 door HEATER NEW TIRES 1952 Dodge HEATER 4 DOOR VERY SHARP 1954 Chev Vi Ton Pickup KADI0, HEATER, VERY CLEAN 1953 Victoria OVERDRIVE RADIO, HEATER -- - REAL CLEAN Would You I i ) THORLEY MOTOR COMPANY CEDAR CITY, UTAH Drive a team of horses and camp in a tent to save expenses when you go on a buying trip? Do you require your employees to work without lights in your REPORT OF CONDITION store to increase efficiency? Either of these things is just as logical as ngt of BANK OF IRON COUNTY of Parowan in the State of Utah at the close of business on December 31, 1955. ASSETS Cash, balances with other banks, including reserve balances, and cash items in process of collection United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Loans and discounts (including $169.96 overdrafts) Furniture and (Fixtures Other assets , TOTAL ASSETS LIABILITIES Demand deposits of individuals, partnerships, and corporations Time deposits of individuals, partnerships, and corporations Deposits of United States Government (including postal savings) Deposits of States and political subdivisions Other deposits (certified and officers checks, etc.) TOTAL DEPOSITS $ 893,714.20 Other liabilities TOTAL LIABILITIES CAPITAL ACCOUNTS Capital Surplus advertising to "Cut Expenses, $ 277,359.69 199,702.88 62,000.00 432,283.12 5,907.78 103.91 $ 977,357.38 ' Let us help you plan efficient newspaper advertising that will do a 332,391.05 sell- ing job for you day after day, and yet be consistant with good budgeting and business methods. Present business practices make it necessary that you tell 325,714.37 1,778.82 231,485.71 people what you have for sale. The attitude that customers know you are there if they want an article, is every bit as outmoded as "Horse and Buggy buying. 2,344.25 SMART BUSINESSES ADVERTISE EVERY WEEK. 8,565.08 902,279.28 30,000.00 30,000.00 15,078.10 75,078.10 Undivided profits TOTAL CAPITAL ACCOUNTS TOTAL LIABILITIES AND CAPITAL ACCOUNTS ..$ 977,357.38 This banks capital consists of: Common stock with a total par value of $30,000.00 STATE OF UTAH County of Iron Eva Adams, being first duly sworn according to law, deposes and says, that she is Cashier of the above named bank and that the above and foregoing report contains a full, true and correct statement of the condition of the said bank at the close of business on the 31st day of December, 1955. Eva Adams The Times Subscribed and sworn to before me this 6th day of January, 1956. Getta M. Orton Seal) Notary Public lesiding at Parowan, Utah dy Commission expires June 22, 1958. STATE OF UTAH Office of the Bank Commissioner I. Louis S. Leatham, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a true and correct copy of the statement of the above named company, filed in my office on January 10, 1956. Louis S. Leatham Bank Commissioner sn s 3 Drive Launched To Stop Hub Thefts Cap A statewide campaign is now underway to stop the wholesale thefts of hub caps in Utah. The Salt Lake Association of Insurance Agents, in cooperation with automobile dealers, garages and repair shops and law enforcement agencies, started this all-omovement Saturday, Jan. 7. ut It is stated that the whole- sale thefts of hub caps and accessories, particularly in the larger cities, have been staggering and reflect in higher insurance cocts. Hub caps on the newer models are an expensive item, and if losses continue as in the past it is expected that insurance rates might increase further. Recoveries have been almost nil because of lack of identification on the stolen hub caps. Officials point out that a simple method of proper would be to enDid you hear the one about the fellow who fell into a grave current license number, lens grinding machine and giving year and state, or some made a spectacle of himself? other suitable or recognizable Continued to back page RADIO, HEATER COMPLETE 1 r, the social security office. It is important for graduates who will be archiaccountants, tects, funeral directors and SEE MERT MITCHELL IN PAROWAN FOR THE KIND OF DEAL YOU CANT TURN DOWN 1951 Merc. pae |