Indianapolis Times, Indianapolis, Marion County, 20 January 1949 — Page 16

WEI EL NERY ARPA AONE is we 3

and certificates “enw 2.152] sold on contract ....oceee vos B7,088.00 estate owned and in judgment... 30. Loan Bank 8 Stock . Seen 0/0000

a es Sass saves ninnsnni a : "Total assets aasnsenesadesasrisnss SE20,267.12

| LIABILITIES

Advance from Federal Home Loan Bank § 235,000,00 _ Members’ ‘share accounts ...ee... ceases 3,191,620.35 ANS IN ProCEBS +ocessssssssssssnssens 4,214.82 * ‘Other liabilities ae Shanes “aasese sn 251.91 Specific reserves c.ecesssivirsisiisiies 4,052.80 General reserves ......ss..$315,500.00 : Undivided profits ...eeeees IM . 391,147.24 Total Habilities «.evssesesssnessss $3,826,287.12 DIRECTORS { br TY : A GROROR B. sicmAxLss wp REL W. Lxons LEO ¥. WELCH FRANK P. ROGERS

Leo F. Welch, Secretary Current Dividend 24% Per Annum INSURED SAFETY FOR SAVERS

e Federal -Governmen

.Jicational ‘program examining the _JlAmerican system of free enter-

Your Savings: Ate Insured Up to $5000 by an Agency of .

C. of C. Sponsors i . Shortridge Forum

prise will_beé launched next Monday night in Shortridge

Indianapolis Chamber of Commerce, 2 - The opening public forum will be a discussion of “Is Federal Ald for Education Another Founda-

ture of State Socialism?” at 7:30 p. m. in Caleb Mills Hall. Taking the affirmative side of the question will be Paul H. Good, head of the U, 8. Chamber of Commerce education department. The negative speaker will {be selected by the Indiana State Teachers Association, H. Joseph Pierson, Indianapolis radio man, new Chamber of |Commerce community education |head, has been-seelcted as direc-

ey PS RTL ar Pt Sr re Sa AH TR TR RI IRE VR TAT RANT oR

dividends

(¢) not more

you.

THE INDIANAPOLIS TIMES . Sos Your Income Tax Primer... . No. 14 , ci torte), Uses of the Optional Tax Form fuses swe! Internal Revenue Bureau DecidessWhith You Owe |, Depend Cn By 8, BURTON HE HEATH ry give up this form and usejall legal dependents, putting (W) Wat should be te] There is an optional tax form this year, taking the place of the

A year-round community edu ‘Withholding Statement as a tax return. It is known as Form

(a) your income isources—including your wife's if you file jointly to get benefit ofibined Incomessplitting =~ {8 less than tion Stone in the Growing Struc-|$5000;

from sources that did not withhold income -tax before paying name. : (2) In Items 4, 5 and 6 (Your|fies. Income) you must include every-

When you are preparing the retaxable received by both/the same as for Form 1040. Youiwill be postmarked not later

turn, if your Item 5 shows more thing than $100, or if your Item 6|husband and wife. (3) In Item 3, you should list may puzzle you by

Ls Wy

[10404 By using it,~you can let first four articles the wife's. This is so the Collec-| : the Bureau of Internal Revenue 288 Teles 10 th n ot foil : ticle 4

School, under sponsorship of the decide how much you owe. Form 1040A can be used if

income is more

these things: than $100 was

Form 140A 10 as simple 2a 4 can be made. You should have

1 trouble if read each ’ Uitte by eo wha! it _says-- |was the husband's and how much|

‘The only way to get benefit of income splitting is to file a joint

from allireturn. This may reduce your tax if your husband-and-wife com-inear the bottom, you must say

$3500.99 and if you have either|separate return. and if two or three personal éxemptions| (6) Both must _(b) ‘all of that thcome was from between you. : wages and salary (as defined In the third article) and interest and| In order to get the benefit of (as defined in thela joint return you must fourth article); and if (1) At the top, you must show|to both ‘husband's and wite's (given) tions for blindness and for

ts —Who can’ bel

after any supported by your wife. Artich # In Ttem 8, you should show|PORed—Arete © to countt how much of the combined income|,, cPO™FULRS "o - Tnfirest—What is ¢ taxable—Ar-

terms. tor can figure both ways, and give| ou the benefit of the lowest tax. ticle 1. . - y Non-Taxable Income — ‘Some lcommon items—Article” 3. G Prizes—Most of them are taxthan that your wife is NOT making a|apnje— Article 3. : ” Tax How Collector uses

watch{to check answers to questions onlturn, as to the larger one, d line, in smaller type, original copies of all Mn Poms get benefit of the extra exemp-| Statements received by you am ing|your wife. | Send no” money with this rees. turn. Get if into the Collector's The definitions for this form arelofice, or into the mails so it

2 gH i Es

than Imanight of Mar. 15. referring back E END

n Your Insurance Rate 100 HIGH..T

IT'S’ possible * INSURANCE con lower

tor for the forum programs. Other controversial questions on public health, socialized medicine and public housing will be discussed in other forums, | “We believe that if the public is given sufficient information on both sides of such questions the people will resolve the issues to the best advantage of all, said Frank J. Hoke, president of the Indianapolis Chamber of Com-

shows as much

Oars i

Quality Jewelers

LINCOLN HOTEL CORNER

BARNEY'S AN NUAL TRADE-IN

SALE

BUY NOW .. TRADE IN YOUR OLD MOUNTING BARNEY'S. MOUNTINGS MAGNIFY THE SIZE OF YOUR DIAMONDS

arghel

. While you wait Yau aretineiled Yo watcivout shilad wrafimen business of creating your diamonds!

oe IT AA BR ‘than ever before, Let Barney's reset her old-fashioned, but dearly sentimental, engagement diamond.

If you live anywhere in Indiona your charge account is good at Barney's.

Store Hours

. Monday thry Saturday 9 A M to 515 P. M.

pants.

Sizes 5, M, L.

]39

front. shirt piece.

CHILDREN'S, Downstairs at WASSON'S

as $5000, you

Shop Tomorrow 9:30 A.M. to 5:00 P.M.

WASSON'S %

DIR TT

na A

Sizes

“TumbiTogs PLAYSUITS

Two-panter Playsuits. Peter Pan collar bound with red bias tape.

Button-on bear on

wn “is

"Plapet” : BOXER SHORTS

Blue chambray stitched with red. Wide elastic waist band \ holds shorts well in place.

- 89.

All TAILORED STYLES

Just 20 Flanneleze

(Rayon Suede) Robes Broken Sizes ! G88

Were $8.98 | 22 Chenille & Shorty Cotton Quilted Robes Broken Sizes! 4% 2

Were $5.98 to $6.98

16 Chenille & Cotton Quilted Robes fiir 3 $8.98 38 15 All Wool & Rayon - Crepe Robes Lon {ss

Now

Broken Sizes! Were $10.98 to $14.98 Now ROBES, Downstairs at WASSON'S

Tearose, Grey and Tan in 109, Wool in short, fad um long lengths. Regularly 3! £9.

162439, Wool in Grey, Tan and Tearose. Rod and extra sizes. $2.19 and $2.39, NOW ......

LINGERIE, Downstairs at WASSON'S

“Indra” KNIT SLIPS go 8 Women's Warm, Snug-Fitting Slips

Clearance! WARM ROBES .

$100 $119

that Oo

GRAIN DEALERS . MUTUAL AGENCY, ING.

1740 North Meridien St. . WAbash 2456

"Seal of Quality"

81x99 Size

Seamless! Positively No Dressing!

PURE BLEACHED SHEETS

Even Hems—Torn to Size. Double Bed Size

PILLOWCASES

EXTRA SPECIAL AT A NEW LOW PRICE!

DOMESTICS, Downstairs at go: : x : ; ¥ ’ 1

"Victor"

80 Square PRINTED DRESS PERCALES

36 Inches Wide! Colorfast!

Bleached 42-Inch

gts Fine Quality Regularly 79¢ yard.

Special Purchase!

PILLOW TUBING

Machin are concer ceila Broun

Cap

NEW Y( that Washi miss the sil it quivers 1 velvety pw claws; miss drinkin’ pa: w

monkeys fo cocktail-and produce son

lion-hunting and Evelyn bers and ti turned han doughty ol¢ pretty well Transientvil Since the and Mrs. Mi emerged. 1 open-handed

—lions to ins

the caviar a Mrs. Mes the race. 8

Lion Hun MOST of serious mist occupancy, | all the m killed off th The youn Cafritz was getting in a dignitaries.

. Bott

WASHIN humanitaria out with thr ination, taxw It didn’t powders ths infants, you

THE GE for the inau parade, the |