Redlands Daily Facts from Redlands, California on July 15, 1963 · Page 2
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Redlands Daily Facts from Redlands, California · Page 2

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Monday, July 15, 1963
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2 - Monday, July 15, 1963 Redlands Daily Facts Gross national product needs to hustle along By PETER EDSON WASHINGTON -(NEA) - Internal Revenue Service has just reported that for the third year in a row American business receipts were in excess of one trillion dollars. That's Sl.OOO billion or $1,000, 000,000,000, an amount to ponder on. This accounting for the calendar year 1962 and for business fiscal years ending in 1982 was made from income tax returns filed by nearly 11.4 million business concerns. The returns came from 9.2 million sole proprietorships, 939,000 partnerships and 1.2 million corp orations. Corporation returns were over a million for the third year in a row. Every figure is up over the previous income tax year except the number of partnerships- down about 1,600 — and their volume of business, down $276 million. Business profits rose 4.3 per cent during the year to $87.4 billion. Profits of corporations were up 3.4 per cent to over $52 billion. Profits of sole proprietorships were up 6 per cent to $25.7 billion and profits of partnerships up 4 per cent to $9.7 billion, in spite of the drop in concerns. This statistical rundown hardly Indicates that U. S. business is terrible or that private enterprise is about to disappear. But with these figures m mind, it is interesting to take a look at Treasury Secretary C. Douglas Dillon's pretty realistic roundup on the economy in his talk before the National Ccal Assn. Speaking of more recent economic developments. Dillon pointed out that in the past 12 months, U. S. gross national product has risen $28 billion or 5.5 per cent to an annual rate of $580 billion. He said this isn't good enough. The bad part of the situation is that unemployment is up from 5.3 per cent of the labor force a year ago to 5.9 per cent in May, and TOOK IT HARD LINCOLN, England (UPI) - Employes of the Lincolnshire Road Car Co. went on strike for two hours today in protest of the firing of bus driver Roy Baker. Baker, 33, killed himself last week, five hours after losing his job. You'U Find a Ready Market Thru Fast-Acting Facts Classified AOs likely to go over 6 per cent for June, as graduates start looking for jobs. "To put it another way," says Dillon, "we would need an average GNP rise of $14 billion a quarter — beginning now — to close the gap between unemployment and output by the end of 1964." At the present growth rate of a little over $8 billion a quarter, it would take 10 years to reach the interim target of 4 per cent unemployment. One reason Dillon gives for the increased unemployment is that by June 30, 1964, there will be 10 million more Americans than there were the day President Kennedy took office. Population is growing faster than jobs. This gave the secretary — who is a Republican, by the way — his chance to put in a plug for the administration t a x program, which is having its troubles in Congress. House Ways and Means Committee Chairman Wilbur Mills, D- Ark., now hopes to get a tax bill passed by the House by late July or early August. Senate Finance Committee Chairman Harry F. Byrd, D-Va., has promised he won't delay action on the House bill, although he is personally opposed to the administration program. But if the bill runs into a Senate filibuster on civil rights there's no telling whether a tax bill can be passed to become effective next Jan. 1. If the bill can be passed by Oct. 1, says Dillon, there would be $10 billion in tax relief in the following 15 months. The Joint Economic Committee of Congress has estimated this would eventually increase GNP by $40 billion, which would give a considerable lift to employment. On the question of reducing gov emment expenses to offset the tax cut, Dillon charges that there has been a lot of "loose and spendthrift oratory" on holding 1964 expenditures to the 1963 level. "The truth is," says Dillon, 'that the entire $4.5 billion increase can be accounted for in only three areas — defense, space and interest on the public debt. The total of all other expenditures is being held below the 1963 levels." If this is irresponsible financing, it was not reflected in the most recent Treasury bond offering of $1.2 billion bonds maturing in 1970. It drew subscriptions of $16.2 billion, or nearly 14 times the offer. MISS JOSEPHINE REAY Society Editor BRIAN SULLIVAN Prominent Artists Scheduled For Appearances At Bowl This Week Get an HFC Traveloan Wishing won't take you places... biit an HFC Traveloan will! So take that vacation now. Borrow confidently-repay sensibly. Askabont Credit Life iDsnraiice on loami at group rates Am—m Umm • $100 200 500 1000 1500 3000 3500 MONT 24 wr PA » rMINT 1 u ptimtt PIANS < Am—m Umm • $100 200 500 1000 1500 3000 3500 5 5.59 11.18 27.31 5L83 7533 98.61 121.80 S 6.96 13.93 34.22 65.72 96.19 126.44 156.60 % 9.74 19.49 48.15 138.02 182.21 226.30 S18.15 36.30 90.15 177,44 263.71 andchoTia, basedonpTomptrepafmoiL HOUSEHO FINANCE 212 N. Orange St., Iwtween State and Central PHONE: PYromid 3-2295 Two stellar events are slated for Redlajids Bowl this week. Tomorrow evening will feature Brian Sullivan, young Jletropol- itan Opera Company tenor, who will be assisted at the piano by Curtis Steams. Friday evening's attraction will be a recital by the Los Angeles-bom pianist, Daniel Pollack. The now widely known tenor, who made one of his first appearances in Redlands Bowl as a youth, will sing works by Mendelssohn, Handel, Leoncavallo, Schumann, Richard Strauss, Mas­ senet, Lalo, Grever, Sandoval and Britten. He will also sing groups of Irish folk songs and Viennese operetta selections. The pianist has chosen two Sonatas, the Beethoven E Flat Major and the Prokofieff No. 7. He will also perform five Chopin works from his highly successful Warsaw recital as well as Bach's Toccata and Fugue in D Minor and four Debussy Preludes. Community singing, directed by Wilbur Schowalter, will precede the Tuesday evening concert at 7:30. Concert time is 8:15. Irish Migration Failure of the potato crop in the 1840s restated in a terrible famine in Ireland and hundreds of thousands of people went to other countries to live, many of them emigrating to the United States. MAK€ fRIENDS When a man has an armful of .bundles, open the door for him. \\ won't detract from your status as a lady. NO MOISTURE PROBLEM EVER! WITH new super-dry anti-perspirant VtTear what you want and forget about the worrisome problem of perspiration stainsl New Super-Dry Anti- Perspirant made by Ever-Dry contains two active ingredi- enU that effectively check perspiration. Protects you around the clock... and then some. A three to four month's supply, $3 plus tax. Receive Extra Savings udth Wise Owl Stamps We, the Women By RUTH MILLETT, Recently I received this letter: "Because of my job I moved to a new location about three months ago. I work long hours, travel frequently and haven't had a chance to meet new friends. "I'm a bachelor and would like to meet some attractive women, but don't know how to go about it." This problem can be easily solved. Just let it circulate among the married men you know that you're interested in meeting some girls, and you'll have so many invitations you'll need a secretary to handle your social life. Don't you know that every young married woman wishes she knew an eligible bachelor? With just one eligible bachelor at her beck and call a hostess can relax. She can count on him to help her out when her old school chum arrives for a week's visit; when she invites her husband's secretary to dinner, or when she wants to have a college-girl cousin for the weekend. Every married woman faces the problem of where to find an extra man when she entertains. And most young married women have at least one good friend for whom they'd like to find a husband—someone they know is a perfectly wonderful girl who should m^e some man a good wife — if the right man could just be found. So no young inan needs to be lonely in a strange city or wonder how to go about meeting girls. The situation of the lone male is in no way like that of the lone young woman. An "extra woman" is a problem to the hostess. But the "extra man" is the answer to a hostess' prayers. Windier City Chicago's nickname of "Windy City" is chaUenged by Atlantic city, N.J., where the average hourly wind speed is 15.2 miles per hour as compared with Chicago's 9.2 miles an hour. TREASURE HOUSE Your unused furniture or appliances will find a ready market through Classified Ads. Hentals, tod SERR'S 201 E. State PY 2-3939 Harriott-Capo Nuptial Date Approaching Mrs. M. B. Capo, 35882 Avenue H, Yucaipa, and Joseph W. Harriott, 946 South Bryant street, Yucaipa, announce theb engagement to their many friends in this area. The marriage will take place in the near future, the date to be announced later. Mrs. Capo is a member of Yucaipa Valley Garden club, is conservation, garden, religion chairman of Mentone Woman's club and president of Mentone's Golden Age club. Mr. Harriott is also a member of Yucaipa Valley Garden club, is a member of the Yucaipa Grange and a Shriner of the ila- sonic order. "GRADUATION" SET FOR SQUARE DANCE CLASS The square dance class sponsored by "Who Goofed" Square Dance club will have a graduation dance at the Mentone school tomorrow. Osa Mathews is caller and teacher of the class. TREASURE HOUSE Your unused furniture or appliances ivill find a ready market through Classified Ads. UR summer session classes face final exams Summer session students at the University of Redlands are looking ahead now to final exams as the sLx-week session heads for a close in just two weeks. Mrs. Marie Basore, acting registrar, reported today that 713 students are enrolled at the llR this summer in both regular summer school and in the various special workshops which have been offered. The final workshop this session is in social science with registrations still under way today. Not included in the total are the National Science Foundation program participants. The majority of students attending the UR session are doing a summer turnabout — most of them are teachers in their own right during the regular school year. Mrs. Basore said the enrollment figures are very near the same as for the first summer session last year. The second summer session will start July 29 and end Aug. 30. Students will be registering at the end of next week. ' About People Mr. and Mrs. Clarence R. Johnson and four daughters left recently for Lancaster, Penna., after spending two weeks in Redlands and Southern California. Mr. Johnson is a former resident of Redlands and attended Redlands High school. He now has a jewelry business in Lancaster. Ernest A. Chamberlin, Mentone realtor for 14 years, has now retired from business and is at home at 1385 Tourmaline avenue where he and Mrs. Chamberlin reside. Before coming to Mentone, Mr. Chamberlin operated real estate offices in Compton and Gardena. He is a member of the Redlands Realty Board and is active with the Redlands Lawn Bowling team. Frank H. Armstrong, III, sonar- man seaman apprentice, USN, son of Mr. and Mrs. Frank H. Armstrong of 75 West Sunset drive, Redlands, recently completed tho Naval Preparatory School at Bainbridge, Md., and is slated to be a memberof the Class of 1967 at the Naval Academy, Annapolis, Md. The preparatory training included English, algebra, geometry, physics, and military indoctrination. WOULD-BE PURSE SNATCHED LaPLACE, La. (UPD—Thieves broke into a snake farm over the weekend and stole 150 alligators, five of them seven feet long. Most beautiful in contest for Miss Universe MUJII BEACH (UPI) — Some of the most beautiful women in the world practiced poise and pulchritude today for the opening of the week-long Miss Universe Pageant. Although actual competition does not begin until Tuesday night the 97 beauties began receiving instructions from old hands and contest officials, learned in the art of beauty review. Miss Universe of 1963 will be crowned before a national television audience at Convention Hall here Saturday night The title is based on beauty and carriage. No talent is involved. One of the young women representing all of the United States and countries around the globe will be crowned by Argentina's Norma Nolan, reigning Miss Universe. The winner will receive $7,500 in cash and a $10,000 personal appearance contract. Miss U.S.A. preliminaries wiTi be held Tuesday and one of the American beauties will be crowned Wednesday night to compete with "the global contestants in the Miss Universe preliminaries Thursday. DOV/NTOWN REDLANDS The Franciscan Story in FIVE PARTS America's most complete line of finer dinnerv/ore designed for the California way of life ... for your most casual fable or more elegant banquet. PART I Famous Franciscan Earthenware Featuring Desert Rose ... the all- time best seller in American dinner- wore. This versatile casual-wore ideal indoors or ouldoors. Heavy body, durable. Some potterns hand decorated. 5-piece Place Setting. $g30 Or choose from Starburst — Sierra Sand — Fruit patterns shown below. Apple pattern not shown. STARBURST PART 2 SIERRA SAND FRurr PART 3 MERRY-GO-ROUND Franciscan Whitestone-Ware A true ironstone dinnerware styled in California. A medium weight body, chip resistant. Merry-Go-Round $^190 5-pc. ploce letting Q PART 4 SIMPLICITY Franciscan Porcelain True china in casual patterns for everyday use. Complete patterns available in open stock. PART 5 SNOW PINE 5 pc. Place Settings siMPiicrrr — SNOW P1NE_ INDIAN SUMMER Franciscan Family China A true china especially designed for heavy every-day use. All pieces styled for Modem family Iwing. $095 5 pc. place setting y C PUTINUM BAND Franciscan Masterpiece China Finest china beautifully translucent — smooth diamond hand gtoze. Elegant patterns to choosa from. CHINA - BASEMENT - HARRIS' PLATINO 5 pc Setting „ $17.95 IM MBUMMO (M. TV >.M4iJ

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