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Show Thursday, March 3, I960 Catholic Activities Social Security Fund Not Building Reserve Tftovle mittee chairmen will be announWage earners and others who At the Price Theater Thursced later. found that their OASI (Social Seday through Saturday, March 5 curity) tax rate was boosted from The Notre Dame Home and "The Rookie." Sunday through 2V4on the first of the to 3 School Association will meet next Wednesday, March 9 "A WoThursday evening, March 10, at man Like Satan" with Brigitte year may be shocked to learn that these payments are not for their 7:30 in the school auditorium. An Bardot own retirement, but rather to Irish Minstrel will be presented At the Cinama Thursday meet the current obligations to by the fifth and sixth grade stuthose already receiving benefits. dents under the direction of Sis- through Saturday, March Go For Battleground" and This was disclosed in a report ter Loyola. throguh Tuesday, released by Utah Foundation, the President Don Carlow urges all Broke. Sunday . parents to attend as nominations Mach anv Rock Operation Mad private governmental research orwhich was given by Mrs. George for the new officers will be made Pretty Baby. ganization. Gibson. Mrs. Dick Mitchell gave Wjth elections to be held In April, study notes that At the Crown Friday through noThe Foundation are reserves her report on the work of the accumulated 8 being March The Big Tuesday, Catholic Charities committee. Sacraments of Baptism and Night and Jack The Ripper. from present Social Security Father John A. LaBranche, so- Conformation will be the sub Wednesday through Saturday, (OASI) taxes on the covered working force which would help ciety moderator, informed the la- ject of the next Wednesday night March Guns of dies that a satin quilted bedspread Catholic Inquiry Forum conduct meet the cost of future benefits. On the contrary, total current colmade by the Fourth ward Relief ed by Father Manuel Lucero. lections from all present workers The forum is held in the NoSociety ladies has been purchased with tickets to be sold by the tre Dame church hall each Wed and their employers during the Notre Dame Altar society for the nesday evening beginning at 7:30 past few years have not even been sufficient to pay present Notre Dame school carnival. Mrs. and anyone interested in learning Earl Smith will handle tickets about the Catholic faith is cor benefits to those already or otheron the bedspread. wise eligible for Social Security benefits. The spiritual moderator urged ' In Joe Glorioso will be chairman During the 1959 fiscal year, tothe ladies to devote their time and tal Dame current OASI receipts (taxes Notre a the carnival of the to night Saturday making energy Utah residents held 69,141 plus interest) amounted to $8.1 success. Dates of the affair are school games party. Other mem- bers of his committee are A. P. shares of United States Steel Cor- billion. OASI expenditures (beneApril 28, 29 and 30. Following the business meeting Larsen, Victor Mansanarez, Ray poration common stock on De- fits plus administrative costs) cember 31, 1959, exclusive of totaled $9.4 billion. As a result, the refreshments were served by Mgs. Jones and John Aneotti. shares held in New York brokers1 balance in the OASI trust fund be will chairman Mrs. Refreshments Earl Smith, Rudy Felice, Mrs. Margaret Griffone and Mrs. Mrs. A. P. Larsen; Mrs. Ed Mon and nominees names, the Cor- was reduced by $1.3 billion during Frances Succurro. toya and Mrs. Cosme Gallegos poration announced today. Hold- the last fiscal year. Application ings of preferred stock by other of the new rates this year, howwill assist her. David Armstrong was chosen as Kathy Starkovich will be chair- than brokers and nominees in ever, is calculated to bring current revenue in balance with cur- the new president of the Price man of the young ladies serving Utah totaled 4,445 shares. CYO when the group met last refreshments. Holdings of common stock in the Games time is 8 oclock. The 13 Western States totaled 4,524,-38- 2 Tuesday evening. Elected to serve with young Armstrong were Ka- place is in the quonset building on December 31, 1959, comon the school campus and the paring with 4,458,634 shares six thy Starkovich, Barbara Bussetto, secretary, and public is cordially invited to months ago. Western holdings of Terry Maloney, treasurer. Com preferred stock totaled 207,877 shares, against 199,102 shares on Mrs. John Petiger was elected by acclamation to serve as of the Notre Dame de Lourdes Altar society following the resignation of Mrs. Dominic L. Oliveto when the group met last Thursday evening. The ladies heard a brief report on the southeastern district meeting of the Diocesan Council of Catholic Women meeting held in Helper Saturday, February 13 vice-preside- nt 3-- 6-- 3-- 5 rent expenditures, at least tern-- 1 amounted to only $20.3 billion, TTie Foundation study points One of the major problems in out that the unfunded portion of porarily. Utah Foundation analysts re-- 1 the OASI program, according to the OASI obligations (either $524 e billion or $650 billion) is approxiport that the accrued liability of the Foundation has been the OASI fund to all individuals Pensity of Congress, especially dur- - mately equal to two times the tocovered by the Social Security ing election years, to extend cover- tal Federal debt which stood at program (both retired and work- age and increase benefits without $290.8 billion at the close of 1959. ing) for their past service is some taking proper cognizance of the It is also equal to between $2,933 where between $544 billion and full effect that such actions will and $3,631 for every man, woman, $670 billion, depending on whose have on future costs. Major lib-- 1 and child in the United States, estimate is used. Against this lia- eralizations in the OASI program depending whether one takes the bility the total assets in the OASI occurred in 1950, 1952, 1954, 1956, low or high estimate of accrued trust fund on October 31, 1959, and 1958. liability. ' pro-th- 4-- 9-- U.S. Steel Stock Shares Held Utah Totaled June 30, 1959. In states other than .the 13 Western States and including the District of Columbia and the territories, holdings of common stock were listed as 48,122,512 shares Preferred by the Corporation. holdings for the same areas totaled 3,382,683 shares on December 31. True Old-Sty- A total of 1,314,013 shares of common stock was owned by residents of foreign countries on December 31, 1959, while foreign holdings of preferred stock on that Kentucky Bourbon le date totaled shares. Mrs. Doyal Timothy and Mrs. ownership is based Hollis Bowers visited IToll Bow--1 on stockholders addresses appear- - ers at his sisters home in Pleasant ing on the records of the Corpora- - Grove. tion. The Second ward Sunday school class of LaVell Golding held a swimming party at the East Carbon pool Saturday, February 27. The First ward MIA held a youth dance in the recreation hall Friday. These dances are given to help in entertaining the teen-ageand as usual this one was well at-- 1 tended. The Wellington Junior High met Helper Mn a basketball game on the home court Friday afternoon. The score was 0 in favor of 12,251 Geographical KENTUCKY STRAIGHT BOURBON EARLY TIMES DISTILLERY WHISKY COMPANY 86 PROOF LOUISVILLE, KY. MONTH Well help plan a new kitchen that will save steps, time and work. SURE REMEDY FOR CABIN FEVER! CONSTELLATION CEILING 1 rs Quality Unsurpassed THRIFTY 50 FORD 4-d- VALUES . r. - - - FOR THRIFTY BUYERS $150. '53 Extra Good 49 $195. '52 Vary Sharp '51 '51 Sedan DODGE . DODGE . Club Coupa 98 SOUTH THIRD $195. '52 Lacy. son Lloyd Blackburn, year-ol- d of Mr. and Mrs. Mont Blackburn, fell Tuesday and cut himself, requiring seven stitches to repair the wound. Mr. and Mrs. Walter Boren have received word from their grandson, Gayle Rhodes that he is leaving Hawaii and will spend some time in Japan. He Is a fireman on the USS Samuel N. Moore. Gilbert Davis, son of Mr. and Mrs. Leonard DavLs celebrated his birthday this week with ' a family party. Mr. and Mrs. Wayne Jones, Og-- i den, and daughter, Darla Jean, are visiting this week with Mr. and Mrs. Lewis Pierce, Mr. and Mrs. Milton Thayn and other members of the family. Mrs. Murray Stevens, San Diego, California, is visiting with her parents, Mr. and Mrs. Carl Olson. Miss Veloy Grundvig, daughter of Mr. and Mrs. L, A. Grundvig, and Rich Wilder, son of Mrs. Delma Wilder, were married February 27 at the brides home. A reception in their honor was held that evening In the school NASH $395. Ambassador Custom Sadan CHEVROLET NASH . . . $295. Powar Gild 4-- .... Sedan . PONTIAC . . $395. Catalina Hardtop EAST PRICE, UTAH perforations nt in PilNfcS wall and roof panels and With Bestway roof trusses you can do it yourself. Easy to erect. FREE plans available. Several styles and sizes priced as low as Start your cabin plans NOW MO. Auk us for complete details. . . ed .$25. BASEMENT Install It in 30 Minutes! ROOMS WEBC0 DUO DELUXE ON TERMS as low as ALUMINUM Month IDEAS! Pre-Hu- ADVICE! DOORS .'or HANDYMEN! $39.95 & DEV0E ng Storm and Screen Already pro-hun- g In Its own frame . . . for hardware and closer. Just sot in place, square up and fasten to old door frame. All complete including pneumatic closor. pro-drill- ed VINYL GALLON W0NDERT0NES Vinyl Carbon College IKs Honor Duchess Candidate at Dinner The Intercollegiate Knights, $275. YOUR OWN CABIN IN THE BUiLD Wondertones cover virtually anything in ona coat. Easy to apply with brush or roller and is dry in 20 $395. Vary Nlca DaLuxa '51 Runs Vary Good 52 $150. .... PONTIAC r. FORD Club Cpe. 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FORMERLY na- tional service fraternity chapter at Carbon College, held a special banquet Thursday night at Jean Seime'g Cafe which honored Loretta Sunter, Carbon College coed who has been chosen to represent the IKs of Region Five as candidate for the ree:onal IK Duchess Unfortunately, M.ss Sun-te- r was 111 and was not able to attend the d.nner. Plans were made at th banquet for the regional convention to be held Satu-da- y, March 5, at the .gham Young Univers ty. All of the Carbon members am expect -ng to attend and delegates will be chosen to attend na onal to be hed in Pocatello, Idaho, later in the year te Scrubbablo, DUO-MATI- Self-stori- cm-vp-ti- C ng Pay only $5 Mo. $9.95 Folding Wardrobe Door Units 4x6 - 8 ONLY . NOW... PRICE, UTAH SATISFACTION HARDWOOD PANELING for matchless beauty! A Division of M' . OGANY BIRCH MK GUARANTEED Boise . . . Cascade Corp. lc sq. 39c rt. si ft. 4c sq.ft. ha f 4Mt Shtsl |
