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Show ' ! THE SALT LAKE TIMES January Bonds Pass Two Million January sales of U.S. Savings Educational Expenses May Be Deductible Taxpayers with eduBonds in Utah passed the $2 cational expenses certain be able million mark and started 1966, to deduct them on may their Federal our 25th Anniversary Year, with income tax returns Roland V. a strong upswing , Frederick P. Wise, District Director, Internal Champ, volunteer State Savings Revenue Service said. Bonds Chairman, reported today Expenses for education may to Henry J. Riggert, Salt Lake be deducted if incurred primarily County savings bonds chairman. for: (1) Maintaining or improvUtahs total of $2,078,152, up ing skills required in present 7 percent above last year, set employment; or (2) Meeting an a twelve-yea- r record for Janu- employers requirements, or reary sales. It is particularly en- quirements of law or regulacouraging to note that tions, for keeping your salary, sales were $225,000 ahead of a status or employment. Not all expenses incurred for year ago, Mr. Champ added. The January sales reported education are deductible. The for Salt Lake County were $835,-41- allowable expenses include the according to Chairman Rig- amounts spent for tuition, books, gert. supplies, laboratory fees, and Mr. Champ pointed out that similar items. Certain travel and all bonds purchased in January transportation costs are also deas well as December will carry ductible. Education expenses are the new and higher interest rate not deductible if the primary of 4.15 percent. E Bonds will purpose for which they are inreach their first maturity in curred is to obtain a new posiseven years, rather than the sev- tion, a substantial promotion, en and three-fourtyears in in your present position, or for effect previously. H Bonds will other personal purposes. Education to meet the minicontinue to run for ten years mum with improved interest returns requirements to qualify based on the new rate. for, or to become established in .; All outstanding savings bonds a position, business, or specialty issued from May 1, 1941, through are not deductible either. Document No. 5014, which November 1965 will automatically participate in the new interest furnishes more detailed inforrate, Mr. Champ, explained. It mation on this subject, may be is therefore unnecessary for own obtained by writing to the Disers of these bonds to cash them trict Director, Internal Revenue and reinvest in new bonds in Service. E-bo- nd 0, hs order to benefit from the new rate. By doing so, owners would, in fact,' penalize themselves in. two ways: One, they would have to report for Federal income-taall accrued interest on the bonds so redeemed. Second, future interest earnings would be less since interest would be computed on the cost price of the new bonds purchased rather than on the cash value presently in the old bonds they now hold. Mr. Champ also noted that interest earned on both Series E and H bonds is not subject to State income tax. E-Ba- x , nd Page Five FRIDAY, MARCH 4, 1966 AEC Gives Money For U. Instruction The United States Atomic Energy Commissibn, in cooperation with the National Science Foundation is providing $16,000 to enable . secondary , schoo teachers to attend a summer workshop in radiation science at the University of Utah. Dr. Glenn T. Seaborg, chairman of the AEC, announced to day the U. of U. workshop would be one of 33 in the nation for Small Businessmen Symphony Concert Dated Saturday Increase Studies Bachs cantata will be sung Saturday night in an English trans-atio- n. The other work is Mozarts Requiem Mass, based entirely rom text chosen from the scrip-ure- s along the same lines as Brahms German Requiem, which s more familiar to local concert goers. Mozart is the musicians musician as revealed from the the Agencys free leaflets and diaries and journals of many of booklets on management subjects he worlds great .composers. were distributed last year, the Saturdays work is another of largest number in the Agencys his composing triumphs. history. The annual Salute to Youth From the many letters re- will be performing with the full Choral concert has been praised ceived from small businessmen Utah Symphony Orchestra. by music critics and music eduand women who take advantage estab- cators alike who see in it a rare the Following pattern of the management tips con- lished six years ago when the opportunity for high school stutained in these publications, we Utah began its Sa- dents to become intimately acknow that they are serving a lute toSymphonyconcert Youth featuring quainted with several of the useful purpose,. Bruhn said. young soloists, last ;reat compositions of all time. Most of these leaflets and outstanding was advanced that idea the year pamphlets are. written for us by a similar Salute to Youth con- Maestro Abravanel regards these concerts .05 being among the recognized experts from a wide cert could be featuring presented most important contribution the range of management fields, he outstanding local choirs. The Utah' Symphony 'makes" to this added. The big demand for the first such choral concert attractand state. community publications indicates an increas- ed an enthusiastic audience that J Tickets for Saturdays concert ing awareness on the part of nearly filled the Tabernacle, are on sale at the Utah Symowners and operators of small thus the annual establishing firms that keeping up to date Salute to Youth Choral Con- phony Off ice, 'and also through the music department of the five on new and .improved manage- cert to be this given coming high schools,. whose choirs are ment techniques is essential to Saturday. All seats are one continued business success. This years Salute, to - Youth participating. for $1.00 any seat' in the A few of the. most popular Choral concert will two price: feature !.r r Tabernacle. of the free publications are: works from two of the worlds ," ft .How to 'Analyze Your Own greatest composers: Bach' anc , Mozart. . a " Y The ABCs of Borrowing; the pen of Johann Se.From Reduce Waste Increase bastian Bach, the Orchestra' and Profit; choir will present the beautifu Steps in Making a Business Easter cantata, Christ Lay. in -Decision; the Bonds of Death, originally Pricing Your Services for written in German. However Profit. An order blank (SB A 115A) which lists all the Agencys free management publications is available from the local office of SB A, located at 125 S. State St., Rm. 2237, Federal Building, Salt Lake City. Another order blank (SB A 115B) lists all of the Agencys for sale publications avail able at nominal cost. Small businessmen in record numbers are boning up on modern management practices. Wm. G. Bruhn, Salt Lake City, Regional Director of the Small Business Administration, said today that 4.1 million copies of The second annual Salute to Youth Choral Concert of the Utah Symphony featuring a choir of some 500 voices under the baton of Maestro Maurice Abravanel will be presented Saturday, March 5th, in the Salt Lake Tabernacle at 8:30 p.m. This concert will feature the A Cappella Choirs of Highland, Murray, West, Hillcrest and Olympus High Schools, which 13-ye- ar . - . . - : : . I . 1 J I M , ' , I . i if its pnnting.... , 8464 4 Crazing Fee Set By Land Bureau the 1966 summer quarter. A fee of 33 cents per animal Director of the program at the month has been set for liveunit University is Dr,. Robert C. Pen- stock King Seeks Probe on lands admindleton, associate, research pro- istered grazing by the U.S. Bureau of Of Korean Deal fessor and his assistant is Dr. effective Land Management, Why is the State Department James L. Lords. Both are from March 1. asking the Koreans to swallow the Department of Molecular The fee is based upon average diesel electric locomotives that and Genetic Biology. prices paid per pound of beef dont meet the Koreans specifiGenerally, the subject matter and lamb in western markets, of the summer session will be cations? explained R. D. Nielson, BLM As the request orf Rep. David radiation science as it relates state director for Utah. An aniS .King, the Government Oper- to engineering and the natural mal month is the amount of forations Committee has asked the life sciences. age needed to sustain a cow or Dr. Lords said the AEC pro- five State Department to answer the one month, he vides staff, equipment and facili- added.sheep for question. f'Specifically, we want to ties and NSF the stipends, travel d will Of the 33 cents, know why the Agency for In- allowances and dependent allow- be returned to the BLM grazing ternational Development is try- ances. Each participant accepted in- district for range improvement ing to swing this contract for a bidder whose locomotives dont to the program is eligible for up purposes. which was announced The meet specifications, when it al- to $75 per week in stipends, a yy the fee, Secretary of the Interior, ready has a competitive bid from maximum of $80 travel pay, and is a three-ceincrease over the a maker whose engines do sat- $15 per week for each dependent. past year. isfy the specs, said Rep. King. A maximum of four dependents So far, our inquires have re- may be claimed. Each person who successfully and bomber force. sulted in AID throwing out the He attended the University of first bids and calling for new completes the course is given Utah. $1,000 worth of equipment to bids. But I also find that the seer take back to his school for teachBUSINESS OPPORTUNITY ond call for bids has also been ing purposes. in Persons interested new applying available throughout the U.S.A. specs bungled, because the contact and Canada. A New Product the for may the workshop satisfied not be by will still Dr. Pendleton, Department of which will sell itself. Our line preferred bidders locomotives. I understand that AID now Molecular and Genetic Biology, is a complete business within itinvestment necis making a third try. at writing University of Utah, Salt Lake self, no sideline e Space-agadvance. Used of Nuclear essary. City, or the Division specs that the bidder they favor Education and Training, Atomic Dy homes,, hotels, farms, institu-ions- , can meet. governfactories, But in the meantime I also Energy Commission, Washing- ment installationsplants, business. and D.C. National Advertising by Comget word from Korea that their ton, would still prefer government D. Johnson, son of Mr. pany. Exclusive Franchise. Investthe other bidders locomotives Jimmy of Johnson Zeke J. Mrs. ment and secured by fast moving in are using because they already Union South East 1120 Avenue, ventory with a guarantee sell that make of equipment and to been has agreement. promoted they are highly satisfied with it, Midvale, $14,758.40 $400 Minimum U. S. Air the in Staff sergeant said Rep. King. Maximum investment. The assistance item in ques- Force. Johnson is an air For complete information write police or call: Sgt. Area Code: tion would cover 39 small loco- man AB, Spain. He Franchise Sales Division 0-- 2 at Torrejon $7.5 roughly motives, costing is a member of the Strategic Air North Lindbergh Blvd. million,. for which the Korean Command, the nation's combat 3024 St. Ann, Missouri 63074 need, rail system has a pressing (1-- 7 missile ready intercontinental he said. , one-thir- nt j , M ratter Mslkai. Darling, when it comes to vodka it just has to be Relska or I'd really, rather not bother. After all, there isn't another vodka that can make a Bloody Mary quite like Relska. But that's understandable because I don't think there's another vodka that's as light, dry, or smooth as Relska... . Wouldn't you rather Relska? . 314-PE-01- 25 3-2- 5) 80 PROOF. DISTILLED FROM GRAIN BY L REL8KY k C1E, HARTFORD, COWL, k MEftO NHL CALF. ?r |
