Illinois News Index

McHenry Plaindealer (McHenry, IL), 5 Jan 1972, p. 18

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\ PAGE 2-3KTION 2-PlAINDEALER-WtDNESDAY, JAN. 5, 1972 Economic • Questions Stabilization Answors aft® Internal Revenue Service This column of questions and answors on the President's Economic Stabilization Program is provided by the local office of the U.S. Internal Revenue Service and is published as a public service. The column answers questions most frequently asked about wages and prices Q Are longevity increases counted as part of the 5.5 percent standard on wages and salaries set by the Pay board0 A Longevity increases are allowed to go into effect according to the terms of plans, agreements, or established practices in existence prior to November 14. 1971, without regard to the 5.5 percent general wage standard Q tinder what conditions are sales of real estate exempt from coverage under the economic stabilization program0 A Sales of the following categories of real estate are exempt from coverage under the economic stabilization program li unimproved real estate; 2) real estate with im­ provements completed prior to August 15, 1971; and 3) real estate with im­ provements completed on or after August 15, 1971 if the sales price is determined after the completion of construction or the wage rates are known to the builder and are not altered by actions of the Pay Board after the sales price is established. Q Are profits controlled under the economic stabilization program? A Price increases are not allowed to raise the rate of profit per dollar of sales above what it was in the profit margin base period The term, "base period," in this context means the average of any two of a person's last three fiscal years that ended prior to Aug. 15, 1971 The person may select which two fiscal years will apply Q Where can i obtain the e c o n o m i c s t a b i l i z a t i o n regulations issued by the Pay Board, Price commission and the Cost of Living council? A All rulings and regulations issued under the economic stabilization program are published in the Federal Register. Subscription rates are $25 yearly, $2.50 per month, or $.20 per issue. Any specified yearly period may be requested (e.g., Aug 1, 1971 to Aug. 1, 1972, \yhich would include Register entries from the beginning of the price and wage freeze period). You can sub­ scribe by submitting a written request with your check or money order to the Department Qf Public Documents, U.S. Government Printing Office, Washington, D C. 20402 Make checks or money orders payable to the "Superintendent of Documents." Stabilization rulings and regulations have also appeared in many newspapers throughout the country. Q. In determining whether the allowable 5.5 percent standard for wage and salary increases set by the Pay Board is met, are there arty restric­ tions on the amount or frequency of increases that may be paid to any one em- Hold "Open" A A Meetings Two regularly scheduled weekly "open" AA meetings are now being held at Alexian Brothers Medical center, 800 W. Biesterfield in Elk Grove Village. The meetings are held Saturdays from 8:30 to 10 p.m. in Stritch hall and Monday evenings between 6:30 and 8 in the dining room. "Open" meetings are those any interested person may attend and observe but he does not need to participate or become involved. Such meetings invite, especially, those who do counseling such as ployee or group of employees? A. So long as the 5.5 percent annual aggregate limitation is not exceeded, the amount and frequency ofe wage or salary increases is not restricted. Q. 1 am retiring from my job this month. During the Aug. 15 - Nov. 13 freeze, I was scheduled to receive an increase in retirement benefits. Will this increase now be allowed to take effect retroactively? A. Yes. Employees who would have become eligible for a new or increased benefit may be granted the benefit retroactivity. doctors, nurses, clergymen, social workers and teachers. The programs are in­ formative and educational, highlighting the background and purpose of Alcoholics Anonymous and how this fellowship helps problem drinkers. ^ The first session was held Nov. 13, and drew about 100 interested persons. Hospital Unit $25,000 Richer By Gift In '71 During the past year the Woman's auxiliary of Memorial hospital, Woodstock, invested $25,000 in the hospital's intensive care unit, a gift to the hospital. It invested $2,400 in training nurses through the scholarship program. The auxiliary still Njias about $20,000 in its special building fund which will be used to aid patients. The Gift shop on Dean street, plus the Snack bar and Gift shop at the hospital, provide important services and also serve as a means of producing a net profit of about $10,000 last year. LIQUOR 1419S Rte 47 oodstock J3B-4330 OUR RESOLUTION FOR 1972... MORE DISCOUNT PRICES! MORE SPECIALS! BETTER SERVICE! JTL LIQUOR WHEN YOU SHOP WITH US! NO QUANTITY LIMIT NO QUANTITY LIMIT OLD MILWAUKEE BEER 12 Pk.-I 2 oi Cans 1 *1.89 OLID AY """ >1.79 12 Pk.-l 2 oz N.R ONLY AV AILABLE AT THE LIQUOR MART BLATZ BEER 6 Pk.-l 2 oz. N.R Btls. COLT 45 MALT LIQUOR '1.19 6 Pk.-l 2 oz Cans VERY OLD BARTON'S S YEAR OLD Bourbon Fifth '3.45 PARK & TILF0RD Reserve BLENDED WHISKEY * '3.49 OLD HICKORY 10 YEAR OLD Bourbon 3 Fif,., *10.9 5 IMPORTED FRENCH BRANDY ASK FOR THE BRAND Fifth '3.19 W i s c o n s i n ' s F i n e s t HOLIDAY n BEER 24-1 2 o/ Btls + Dep. A 1631 LA CONGA RUM $2.79»F,fth *2.79 PABST BEER OR MEISTER BRAU 24-1 2 o/ Btls + Dep. '3.39 FALSTAFF OR BUSCH BAVARIAN BEER 24 12 o/ Btls . + Dep. '3.69 BLATZ OR HOLIDAY BEER « '1.00 + Dep. 3 BUDWEISER BEER '2.19 12 n I 2 o / ( anS 4 0. D. GIN or VODKA '10.00 Fifths FLEISCHMANN'S VODKA '3.59 Cm HOME BAR SPECIALS 3 QTS. *10.00 GIN VODKA BLENDED WHISKEY ASK 1 OK 1 ML BRAND MIX OR \1 AT( H IMPORTED BLACK VELVET CANADIAN WHISKEY 1/2 Gal. '8.98 IMPORTED B & L SCOTCH 1/2 Gal *7.98 OLD FORESTER H6° Bourbon Whiskey '9.95 1/2 Gal 1/2 Gal. American 5 STAR BRANDY ' '7.98 POPULAR BRAND GIN or VODKA NO LIMIT 1/2 Gal *6.59 SOUTHERN COMFORT lOOr Liqueur '9.45 1/2 Gal. BEEFEATERS Gin '11.45 EQUAL TO $4.59 Fifth FLEISCHMANN'S PREFERRED BLENDED WHISKEY 90° 12 Gal '7.98 POPULAR BRAND BRANDY and BLENDED WHISKEY . '6.99 I 2 G a l Shop In Our "Wines Of The World" Department W Michel Schneider Zeller Schwarze Katz 1969 $0 CTQ Fifth Akadama Plum •1.89 ine 18.6 oz WE HAVE AN EXCELLENT SELECTION OF HALF BOTTLES - IMPORTED WINES DISCOUNTED i 5 THIS WEEK Andre' Cold Duck Fifth •1.39 Petri Port-Sherry- Muscatel %^ JW DANT CORDIALS QO SOUTHERN HOST 100° Fifth '3.69 BORDEN'S 2% MILK - 79' REG. 89< SHOP IN OUR DELICATESSEN FOR BRUNO S RYE BREAD SHE BOG AN SAUSAGE MILWAUKEE CHEESE Si AND PICKLES ( ' 'WTJ L_ V--' ' "i ii >- Cold Bear Wine Fifth 69c Italian Siviss Colony Dry Vermouth 75c Fifth Cribari FINE WINES ,'2.79 BURGUNDY^ PINK-RHINE Gal Pink F e t r ' Chablis l nrJlA9 M anise he tvi t z Sweet Wines Q t . 99- POP COSTS LESS HERE DR. PEPPER 8 Pk.-l6 oz. Btls. + Dep. 69' TRICK OR TREAT SOFT DRINKS 24-7 oz. Btls. + Dep. MIX OR MATCH 28 oz. Btls. + Dep WHITE ROCK MIXERS 5FOR$1.00 PEPSI COLA La 24-10 oz. J Btls. + Dep. 24-16 oz. Btls. + Dep. CIGARETTES REG. OR KING JQ CARTON FREE ICECUBES with Liquor Purchase W O O D S T O C K R U 4 / O n e B l o c k N o r t h o f B u s R t e 1 4 W o o d s t o c k 338 *330 m M c H t N R Y 2314 W. ' f jM Rte 120 East ol McHeniy 3856730 T H E L LIQUOR WE CARRY SUNDAY & DAILY PAPERS M A R T H O U R S N AM' < i f Boost For Referendum Dr. James R. Davis, MCC president, accepts a jar of money collected during MCC's Beauty and the Beast contest from committee member, Sue DeGrave. From left are Sue DeGrave, Crystal Lake; John Rupp, McHenry; and Diane Cummings, Cary, "Sometimes in Winter" co-chairmen; and^JQr. Davis. The money was donated to MCC toward the bond referendum scheduled Feb. 26, 1972. TV COMMENTARY So says the V*.... McKUnry RACK By John Smiley "BRIAN'S SONG" was a winner from the first frame to the last . It was a deeply m o v i n g , w a r m a c c o u n t o f friendship between two strong men. Hopefully tele­ vision will repeat i tself re­ peat i tself in producing more of this high quality. FOOTBALL FANS who favor TV on weekends and Mondays might find i t inter­ esting that 182 regular sea­ son games have been booked by NBC, ABC. and CBS, not t o m e n t i o n p r e s e a s o n matches, divisional play­ offs, championships, and bowl games. It has been estimated that 20,000.000 follow the TV games with reasonable regularity. SOON VIEWERS may be able to see their favorite TV personality l ife size and in l iving color. A company in Massachusetts is gearing up to market a color-TV pro­ jector complete with a 4.5 x 6 foot screen which mounts on the wall . The initial cost will be around $2500. THE TUBE recently aired a seasonal yule show "How the Grinch Stole Christmas." Maybe the Grinch in an early bird and -got Thanksgiving also. One suspects, how­ ever, that Thanksgiving was devoured by a greedy, com­ mercial Christmas spirit . Not the intended spirit at all . A NEW children's series ^will debut in January on MBS. I t will be a half hour o\songj, games and skits, wick nary an adult in sight. A ^LIGHT into yesteryear c a n b e " h a d b y s i t t i n g u p late in the evening and view­ ing the after eleven movies. The fashions seen, tnP*pace, the dialogue, the modes of conduct accepted by the characters, all tend to re­ veal how much Uncle Sam has changed in the past fifteen years. VEl? INCOME AM' VA OVER <SIXTY-FIVE <90 VA l«S ELIGIBLE PER A VETEt?AKJ'«=> PEKfelOM ! for information mnlKi ihr nrarrM VA offur uhf t i your phonf book i or »nlf Vrlrr ins Adminis t ra t ion 232X M10 Vermont Avr N» Washington IX . '0420 Scientists know more about the moon than the ocean floors. THE WHOLE GANG IS WAITING TO HEAR FROM YOU... THEY'RE ALL OUT THERE WANTING TO KNOW WHAT YOU HAVE FOR SALE. A REFRIGERATOR, A CHAIR. A CAR... NO MATTER WHAT... YOU CAN BET AT LEAST ONE OF THEM IS INTERESTED. PUT IT iK THE CLASSIFIEDS AND FIND OUT. LET US TELL THEM FOR YOU! PHONE 385-0170 TOE McHENRY PLAINDEALER

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