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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Nov. 8, 1962)
Medford Tribune SECTION D MEDFORD, OREGON, THURSDAY, NOVEMBER 8, 1962 PAGES 1 to 10 Vocational High School Has Nuclear Technology Course - fill a iiiin i Bv JOHN N. HALL United Preii International Merchantville, N. J. - (UPD -The day when courses in atomic energy meant endless sessions of balancing equa tions and drawing circles on blackboards is past for 15 stu dents at the Camden County Vocation High school. They are now undergoing a course in nuclear technolo gy so advanced and practical that the Atomic Energy com mission (AEC) granted the school a special license, the first awarded to a technical high school, for the purchase and use of radioactive iso topes. The class meets five days a week in a classroom with a gamma ray spectrometer, radiation detectors, a scaler which computes emitted rays and a storage area for the iso topes that is shielded by lead bricks. Reported Safe But, according to Instructor ml ir:llinmS Alphonse Pitner, il is "safer than most classes in chemis try." The isotopes "are as harm less as radium crystals on the face of a watch," he said. "Students handle them with no danger of contamination." Much of the students' work, he pointed out, is using iso topes in powders and liquids in experiments on organic ma terials such as plants and fer tilizer and tracing them through chemical properties. The course, financed partly by a $3,000-a-year grant from the federal government under the National Defense Educa tion act, has become a favorite among students, although ap plications are limited to 15 males. Motivates Students "The amazing thing is how this course motivates the stu dents to take an interest in science," Pitner said. A graduate of LaSalle and Rutgers universities. Pitner. 46, is one of the few teachers licensed to handle radioactive isotopes. He was trained at the AEC's Oak Ridge plant in nuclear science and. last summer, completed a course which enables him to handle the most radioactive of materi als. His students have become so proficient in the handling of instruments such "as the gamma rav SDectrometpr that the county civil defense or ganization asked them to make periodic measurements of the fallout count in the area. "We've been doing this for a year," Pitner said, "and found that Camden county is safe as far as the amount of radioactive material in the air." Jobs Easy to Find Since there are 250 indus tries in the state, and many hospitals, which use nuclear equipment, a student who completes the course finds it relatively easy to get a job, Pitner said. Oil refineries use isotopes to follow the breakdown of oil into petroleum products. Food processing plants use them for quality control. And, at the New York Shipbuilding Corporation in Camden, iso topes are used in construct ing atomic submarines. THE REAL BREAD! HEAD WOUND FATAL New York IUPN R o b e r t Weaver Jr., 22, son of Federal Housing Director Robert Wea ver, died Tuesday night from an accidental self-inflicted head wound, police said. Your Money's Worth By SYLVIA PORTER Copyright, Hall Syndicito, Inc. SAVE ON TAXES NOW IV CHARITABLE CONTRIBUTIONS If you, as a businessman, are planning to get rid of any old machinery, equipment, furniture, cars, etc., consider the possible tax advantages of giving the property to a school, church or charity before Jan. 1, 1963, instead of trying to sell the stuff. By giving, you not only will help the organi zation, but you also well may get more benefit from the net after-tax return of your contribution than you would from a sale of the property. Because of changes made by the Revenue Act of 1962, this will be the last year you can get the full tax benefit from this type of charitable contribution. As an illustration, say you have old desks, chairs and typewriters which you have depreciated down to zero but which have a second-hand market value of $5,000. Used property dealers might not even give you half this price because they can't get more than $5,000 from reselling your property. Also, you have to pay tax on whatever price you do get. A simple alternative would be to give the property to a local school which needs it badly. Then you would have a charitable contribution of $5,000, which, if you are in the 50 per cent bracket, could save you $2,500 in taxes. The 1962 Revenue Act says that when you make char itable gifts of depreciable business properly after .1962, you must reduce your contribution deduction by the amount of depreciation you lake on the property after 1961. In the above example, assume you took your last $2,000 of depreciation on the desks, chairs and type writers this year. If you wait until January, 1963, to give the stuff to the school, you'll have to cut your $5,000 charitable gift in 1963 by the $2,000 of depreciation you took this year. Just because you put off the gift beyond Dec. 31, your deduction would be reduced. Note carefully that you can make charitable gifts of used non-business as well as used business property and there is nothing in the 1962 Revenue Act which will cut down your charitable deduction for non-business property, whether you give this year or next. Check on whether a charitable re ligious or educational organization can use your old refrig erator, bed chair, personal desk, etc. If so, you not only will help by contributing this used property; you also will save taxes because you can deduct the fair market value of the property you contribute. If you are in the business of selling goods, you can get a tremendous tax break by contributing your own merchan dise to charity. Here's why. You buy at once price, sell at a marked-up price and the difference is your profit. If you give the goods to charity instead of selling them, you don't pay any tax on the difference between your cost and selling price - or what would have been your profit on a sale. Yet, you can take a charitable contribution deduction equal to the price at which you sell your goods, not the lower cost to you. In short, you get a deduction for the potential income but you don't pay any tax on the income. For instance, say your corporation is in the 52 per cent lax bracket and you want to contribute $200 of its income to a local charity this Thanksgiving. Your corporation's out-of-pocket coat for the $200 charitable gift would be only $96. for if it hadn't made this tax deductible cash contribution to the charily, it would have had to pay the Treasury the other $104 anyway In taxes. Now, say your corporation makes the contribution by giving its own merchandise-just as an illustration, air con ditioners which your firm buys for $120 and resells for $200. The charity either can use the air conditioner or resell it easily for $200. Your corporation deducts $200 for the chariable contri bution of an air conditioner, thereby saving the same $104 in taxes that it would have saved from a $200 contribution in cash. But since your firm paid only $120 for the condi tioner, its out-of-pocket cost is only $16 ($120 cost less $104 tax saving). By making its charitable gift in Its own merchandise, your corporation can contribute $200 at a net cost of only $16. The heart of this is that you do not report as taxable income the difference between the cost and sales price of the merchandise and yet you get a deduction on your income tax for the full sales price. It's a two-way tax break which can add up to immense savings. Next: Medical expense deductions. l f? .f :u SHARES CAKE Miss Josephine Swnnson feeds a piece of her birthday cake to James Johnstone, 10, her great-grand-nephew, during a party marking her 100th birthday at her home in Wheaton, 111. (UP1) Professor of Art Elected to Society Eugene Jack Wilkinson, professor of art in the Univer sity of Oregon's School of Architecture and Allied Arts, has been elected a Fellow of the Royal Society of Art. The distinguished society, founded in 1754 in England, is primarily British but has opened its membership irom time to time to Americans and candidates from other nations. Founded for the purpose of encouraging the arts, manu facture, and commerce, the society has had many dis tinguished men as members during its more than two cen tury history. Benjamin Franklin was one of the early American mem bers. His participation has been honored by the Society through the Benjamin Frank lin medal, which is presented annually to an outstanding in dividual who has achieved early distinction in the pro motion of art, manufacture, or commerce. Monday, Nov. 12th VETERAN'S DAY (Formerly Armistice Day) Out of respect to our Veterans who made the great sacrifice to preserve our way of life. Albers Feed & Farm Supply Big "Y" Feed and Seed 0 Elton's Farm & Garden Grange Co-Op, Central, Point, Ashland Monarch Seed & Feed Co. Morton Milling Co. a Join With The Veterans Organizations in Celebrating S 3 A v Z&Mbmmm ) AV7 SCHEDULE OF EVENTS NOVEMBER 12, 1962 BREAKFAST VFW Hall, 42 N. Front, 7 a.m. to 10:30 a.m. DEDICATION Of new speaker's stand in city park 10:30 a.m. PARADE 1 1 a.m.-Led by Miss Oregon and the Mayor-Elect of Medford. The theme of Veteran's Day this year is: "There's no ism like Americanism." The National Guard and Army Reserve will participate along with several veteran's organizations, bands and floats. ALL OF WHICH IS DEDICATED TO WORLD eace! we remember... Wi remember very well when you marched away from your homei and your families and your jobs to secure your country's future. We remember that you were older, when you came home, much older . and that tome of you never came home. ( Yei, we DO remember, and today, YOUR day, we pauie to say again, and always, "Thanks." Let's also remember . . . It takes energy to participate in a parade and other vigorous activities. Everyone should be sure he is in good physical condition with plenty of reserve stamina. There's one good rule to follow-not only on Veteran's Day, but every day-that is, eat and drink the right foods . . . So Drink MILK! It is nature's most perfect food for body-building and energy. It gives you a "lift" that will not let you down. Be sure to keep plenty MILK on hand and serve it generously to the entire family. s c u i jt . ..ami aw. Drink at Least 3 Glasses of Milk Every Day You NEVER Outgrow Your Need for MILK 1 COORDINATED MILK SALES .WJ,:,,.. .. J Suggestions for the Man in Your Life ! '$-. FENWAY CLUB j J-Xi' 5"J WRINKLE-FREE LUXURY ALL DAY Wash it as you will, this amazing wash and wear shirt irons itself! Dura-Near 10096 spin-dry cotton . . , stays neat and trim right through the day. "Sanforized-Plus" (or perma nent peak performance. Special collar and cuff construc tion insures 40 longer wear. Featured in Chase, a soft, medium-spread, short-point collar. Boys' Short & Long bieeve. $350.$395 0V . !: i ... . I L v (w 11 - ':i I j V- ij - . j 'i :,- J -: ' I 1 - ; V ? ' ' V: "i 'afct 3 y . laawHiMMjl xn m tt j Trademark of QUALITY He'll love you for letting him choose the Stetson he likes best! 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