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Publication: European Stars and Stripes Monday, March 12, 1962

You are currently viewing page 23 of: European Stars and Stripes Monday, March 12, 1962

   European Stars And Stripes (Newspaper) - March 12, 1962, Darmstadt, Hesse                                I. A the stars and stapes stubs Handy at tax time Bankers say that going into the for the tax deadline turning to books Fife detailed instruction i internal Rev and ten helpful Book a far with leding what the Deposit and what was the expenditure. The popularity of the Check As a method of payment has shown steady growth for the past 20 Yean. Americans now write More than 33 billion checks a year Al most j3j trillion Worth. Bight. With All its popularity Bankers by. Then Are right and wrong wars to i Bep the  rec ords and in How of should be employed and recorded. Care Inge of Cheeks am stubs can Cre ate one of the most detailed and plete stories of personal expenditures for the average Man or  is particularly True for the Type of information needed when you sit Down to Gil out those Page that go to Uncle Sam sometimes with a Check attached. Here Are some of the suggestions that the Aba has for the Check writer pay an tax deductible expenses by Check contribution to Chari ties medical Bill interest a debts thifs authorized business  oat each Check to a specific Payee. If Yon paid a doctor by Check for example but made the Check out to Cash it might prove difficult to recall what it was for or confirm that it was medical payment. Note deduction make your Check Book stubs Complete and informative. For example some payments to a Mer chant or a store May include a deductible tax in the Gross amount. Bankers suggest that for your help at tax time Jot Down on the Check Stab How much of the Check represented the deductible tax. Keep your Check Book balance in tune with the statement each month. It brings Yoa up to Date store your cancelled checks and monthly statements for at least four years. Some tax advisers suggest even longer periods for keeping cancelled checks up to seven years. If the Check represents payment for a major expense it May be advisable to plan to keep it permanently alone with such things As Boose deeds automobile papers insurance papers in Case any question of own of or  arise. Be sure that the storage for your cancelled checks and Docu ments is secure and is guarded against loss by theft or fire. By finance Gamble parlayed winning business York up a Man Irving Brambier has proved Don t have to Gamble to1 with cards thought though said you could Call it for thais what it was started my business 15 fled every Penny i Hadi got one night As t eng my two Yonng Chol no with a deck of  which was to turn the act of playing with cards a instructive pastime for marked the beginning ofis manufacturing corp. Company began with a 36 that had tetters of the and pictures of objects i lieu of the Conven sults. In playing with cards children were taught Lell simple words and to  enemy at first was educational and the fact cards at that urn had the of the Devil s play tools 1r  we had licked the latter rocket fuel Trent found in Yale Calif. Hopi de aircraft corp. Announced found a new Way to make fuel Obj Dimerc at a Soth of former Cost. The new process Lockheed Tes thai  is both oxidizer and an be can be manufactured than $10 a Pound As $500 a Pound by previous s. Heed s missile a space co. Has licensed americano to manufacture the at a Pekrt Plant being it new Castle. A. Of these two problems when a nun sent in a Large order for cards for her Catholic kindergarten he beamed. Today the cards along with other b rambler games have found a definite place in nearly every school in the is. Particularly in schools where they Are used to teach sighted children How to play with those who Are Blind through the use of games put into braille. We found that the majority of parents having retarded children were embarks cd and tended Dekeep them shut off from the out Side world. With the Aid of doctors and educators we began devising games especially suited for the handicapped or retarded thus forming a Means of educating these unfortunate  said. Hugo Brambier has expanded the initial deck of cards into a line of Over one Hundred games including educational Jigsaw puzzles lotto and dominoes each also translated into Spanish and French. The entire toy Field is orienting itself gradually toward  Brambier said. Right now at least 25 per cent of the s1.5 billion Industry is making educational toys. Our own sales have about doubled every  a great Many of Brambier s game ideas come from teachers parents or the children themselves taut he welcomes suggestions from anyone he takes the initial inspiration and either uses it intact or glamorize and tailors it to what he feels the Market Calls for. Edu cards has tied in Many of its games with current popular favourites such As Huckleberry hound and Yogi Bear our latest card game which teaches the rules of Bowling Points up what we be always tried to do take the bore Dom out of  Brambier said. Ase stocks end week on upside new York up stocks moved irregularly higher in mod Erate trading on the american Exchange during the week As industries turned in generally higher fourth Quarter 1961 earning reports. Trading for the five Day period amounted to 7,164,805 shares com pared with 7,156,520 a week earlier and 12,997,720 in the comparable week of 1s6l Magellan Petroleum unchanged topped the most Active list. It was followed by Israel american Oil off 34, nuclear corp. Up 14, Tel Ereg ister. Whose president resigned up 2%, and Hoffman industries up to. Mixed pattern among the aerospace stocks. Aero Jet lost a Point. Heinke instrument Rose 14 and technical operations jumped 4tt. Alan Wood steel and alleys unlimited skidded1 apiece in the metals but steel of Canada climbed 3%. Still responding to news of a planned4-for-l split. Midwest financial lost 1% and insurance of North America dipped 2% among the Money stocks. Hazel Bishop Rose 2h in the cosmetics. Over counter issues show irregular gains new York cup stocks were irregularly higher on the Over the counter Market during the week. The National quotation Bureau Over the counter Stock Index of 35 representative Industrial Issue Rose 0.29 to 142sl banking issues were easier. Insurance stocks showed Franklin life and general reinsurance up 8 apiece and great american life underwriters up 13. Industrials showed Kalvar up 20, tampax up 10, Christiana common up 8. Alberto Culver up 6 and e. F. Macdonald up 7. Demo industries dropped 4 Points. New York up the 10 most Active stocks traded on the american Stock Exchange last week by cat claw in Matt in a m scum a it 1i4.m is v. 714 aim Noi 14 fume it fat a it tsum m of to 11ijh  1d4jm slim agreement averts antitrust move i ton Wagen of America is wholly owned by vol  of the German Federal Republic. The Parent firm makes Volkswagen automobiles and trades and . The 14 distributor involved inthe suit Tail cars from Volks Wosgen of America or Sale to re Tail dealers. Winter slowdown discounted Good business ahead government predicts by new York Cap the econ omy retains its zip despite a slow ing Case of Winter sniffles the government maintained last week. President Kennedy and his economists expressed Confidence that business in 1562 will live up to expectations. Doubts had been raised by Jan uary declines in personal  sales Industrial production housing starts and employment. Retail sales had Bee reported Down too but a revision of statistics showed a 1 per cent gain. The president seized on a february drop in unemployment to Tell his news conference i think this Economy has More vitality in it than some of its pre mature  the number of unemployed declined by 120.000 to 4543,000, this represented a 19-month Low of 5.6 per cent of the work Force. At the same time employment increased by 731,000 to 65,789,000, both figures were better than usual Lor this time of year. Nevertheless the protracted High level of unemployment was a widespread worry. George Meany president of the Afir Cio called for a Shorter work week with no reduction in pay As a solution to automation. To like to see the work week in America Short enough so it will provide a Job for every american who wants to work. If this Means 35. 34, 33, 30 hours or less so be it Secretary of Commerce Luther h. Hodges conceded that the econ omy suffered a slight chill Early this year. But one month does t make a trend and one frosty night does freeze the Pond he said. If you look at All the january figures a her than just the head line makers you can see that Many of the returns were quit Good. I think it is Safe to say that our current recovery still has a Good Way to go. Walter w. Heller chairman of the president s Council of economic advisers reiterated disbelief that the Gross National product will hit $570 billion this year up s50 billion from 196l he Salt government perts will re examine the Outlook when preliminary figures Arp in for the first Quarter and added As of now we see no change " Turin cuts or Kennedy announced months Long negotiations with 31 foreign count riot including the european common Market nations had produced Lariff reducing agreements. The agreements will a Lect the Cost of hundreds of . Us Portland Export items including Auto mobiles. These items in 1960 represented Lefley $4.3 billion in us. Sales abroad and $25 billion to imports. Initial opinion of business men was that the Tower tariffs Wouldhave Little influence on Velum. Or. Kennedy persuaded the steel labor negotiators to resume their talks in an Effort to agree on a new contract before the current pact expires. The management and Union representatives who broke off discussions March 2, agreed to get together next wednesday steel production last week dipped for the second week in a Row but was expected to pick up. Output totalled z3cmxw tons Down 1-8 per cent from the previous week. Autos slipped automobile production last week slipped to an estimated 134,000 Pas Senger cars compared with 137,944 last week but far ahead of the91.327 & year ago. Sales of new Domestic cars i february totalled 4563t2, up 27 per cent from february 1961. Even so the inventory of unsold new Carsin dealers hands topped the 1 Mil lion Mark. The National Stock Exchange the country s 14th securities mar Ket and the first new one organized since 1929. Began operations Here on a Small scale. Stocks of Only eight companies Wen listed at the Start but organizer were hopeful of drawing Many More from the Over the counter  around the business scene blizzards have created Boom in Snow blowers with 150,000 sold this Winter. Soon to be on the Market Are carbonated Bever age cans which can be opened by pulling a Tab with the fingers. American and Canadian rail roads will Cut fares for tourists from overseas to promote travel to Interior cities. The first National City Bank of new York City has started accepting application for personal loons by Telephone Day and night . Exchange s most Active list new Ork Ufa _ to 20 most Active stocks Trade Don the new York Stock Exchange during the week site hot in cow cd Miltgen motor 223.200 sex pm  or Ai toy Pautak pm in 3s% it the Start Oil Elj. I42.gm ssh 13 my ii Paw h a i33.3t� a Tafti pvt 0% us. Sim ii8.uoo Tim 7a n la lab  114.4011 17 Ftfe us a Brand we to tron in t a i an am11% 98jo 0%  it i  26 Lim ski Ai be sumo pc. A Tel & to 73.300 33% 130% 133%  
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