Garden City Telegram from Garden City, Kansas on August 20, 1963 · Page 9
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Garden City Telegram from Garden City, Kansas · Page 9

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Location:
Garden City, Kansas
Issue Date:
Tuesday, August 20, 1963
Page:
Page 9
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Page 9 article text (OCR)

They'll Do It Every Time t»~*.t>-.«». By Jimmy Hado ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ug^^^^^^^^u^^^HMuplHM^H^^WWgglMgHlMMMHlgBMKMgMMHgMaH^HM^^^^^^^^^B FOUR DAYS LATER, APTEP DOING WITHOUT-(N COMES MISS CUTLET Fl6AROW NEEDED A SPECIAL WAS LAID LOW, PI6AROW Nttucw f -• "• , n ... SfLSS|W»TMU£.- • iwofrmieMSwTy I'M YOUR SPECIAL NURSE MISS CUTLET- YOU'RE LUCKY-, i I JUST GOT ANOTHER | K l_ W •— ' " ' ' I'M TRVINOJ ALL OVER- Cries of Protest Expected As Securities Hearing Starts By SAM DAWSON , AP Business News Analyst ' NEW YORK (AP) - Most; schemes to stop the slow loss of | U.S. gold to foreigners have one thing in common—Loud outcries of protest. These will be on tap again today as Congress opens hearings on the administration',, proposal for a tax of up to 15 per cent on American purchases of foreign securities from foreigners. j As th e hearif>g s start, the j Treasury has just lost another $50 i million of its gold, bringing the | total so far this year to $395 million. From 1958 to date the drain has been $7.5 billion. The erlet of distress today may not be as widely noticed as those brought forth by a former scheme to curbe the outflow of Yankee dollars by keeping at home the wives and children of overseas- stationed Gls. | But the opposition to the • t flx plan is widespread in American financial circles, and also in those of other countries. Canada and Japan have been especially vocal, fearing their sales of securities here will be crippled. The aim of the administration tax plan is to help stop the outflow of American investment money. Thi s had a lot to do with the increased deficit this yea r in the United States' international Payments. As these dollars pile up in foreign hands some can be, and are, used to buy gold from the Treasury's slocks. In spite of its loss of $7.5 billion, the hoard still is $15.5 bil lion. Thi s is well above the point of real danger, but the continuing buildup of dollars aboard increases the potential threat to the gold reserves, and to the reputation of the dollar. Hence the administration's plan to tax purchases of foreign secur- Paqc 10 4>ar<l«>n i'Ky Tologrnm Tuesday, August 20, 1963 ities, and also ilg moves to raise interest rates on shortterm borrowing. ' Both are designed to make yields on investments abroad less attractive and keep dollars here Explosion Fails to Yield Money Box ST. LOUIS (AP) - Thieves apparently used a small explosive to try and rob a pay telephone coin box today. Police said the blast ripped off the top of the phone, tore the glass panes out of the booth and shattered part of the door. Police said the money was still in the box. You Can Count on Us... Quality Costs No More at Sears Sew for School A Fashion Windfall.. Pinwale Corduroys In 16 Vibrant Colors Sears Price • Cherry Red • Kelly Green • Medium Brown • Dark Gre«n • Beige • Dark Brown • Pink • Royal Blue Create a fashionable fall wardrobe at pin-money prices! Lustrous cotton corduroys come in a glorious array of colors —ideal for back-to-school wear. They're machine washable, 37 in. wide. V' Turn Fabrics —. Into Fashions—CHARGE Your Purchases on Sears Revolving Charge i. -^ • Medium Grey • Turquoise • White • Maroon • Gold • Black • Burnt Orange • Violet •Shop at Sears and Save Satisfaction Guaranteed or Your Money Back 601 N. Main — BR 6-4376 Store Hours: Daily 9 to 5:30, Saturday 9 to 8 You Can Count on Us... Quality Costs No More at Sears SEARS KOKIWfK AND CO Scars Sets the Pace... With Extraordinary Savings on Back-to-School Dresses in Fine Fabrics with Excellent Styling ... Skirls Have Full 90-inch Sweep, 3-inch Hems /ft. I/A A Save $ 2.99 Each... 4 Days Only Easy-Care Woven Ginghams in Dacron* Polyester and Cotton...by Galey & Lord Sea CHARGE IT •f on Sears Revolving Charge Sizes 7 to 14 These ginghams perform beautifully all day long...shun classroom wrinkles, stay fresh and crisp. Choose from a wide assortment of styles (many more than you see here) in wonderfully washfast colors ... woven plaids, stripes and solids. All ar.e made with the careful workmanship which means better fit and appearance ... longer wear. Shop early for the best selection! •UuPont Reg. T.M. First to Sears... Then to School School Bells Ring Sept. 3rd Girls Easy-Care Cotton Blouses $ 1 i Sears Price I •< Choose from a wide variety of colorful, easy - care cotton blouses. Sizes 7 to 14. Girls Wool Blend Pleated Skirts s< ? QQ Regular $3.99 Z«OO Cluster pelats, box pleats and side pleats. Choose from plaids and solid colors. Elastic back waist. Sizes 7 to 14. Back to School Sweater Classics for Young Scholars Pil« Cardigan Acrilan® acrylic pile on Acrilan back. Knit cuffs. Red, maple, green , *or blue. Sizes 2 to 6x. $O QO Corduroy Pants Cotton prints in real, blu«, maple \\ or green. Tapered legs and snug elastic back waist. $1 OO Sizes 2 to 6x. I *7T ^ '"i s A Girls' Honeylane Orion* Cardigans Honeylane Carton Corduroy Capris Pric« J 3.99 Low price for Orion* acrylic in attractive novelty stitches. New fall colors. Sizes 7-14. Sears Price '2.99 7 to I4'ers love these solid colored, elastic back tapered leg pants. Band front for good fit. "Charge it" on Sears Revolving Charge Account 1 Boys' V-Neck Pullovers Interlock knit in cedar red, I blue, camel or heather gray. Double knit neck retains i shape. Plushy-soft finish. Sizes 2-6x. $«p QO Boys' V-Neck Cardigans Long wearing interlock knit j in red, blue, brown or heather gray. Novelty border with | matching color buttons. Sizes 2-6x. S •Shop at Sears and Save- Satisfaction Guaranteed or Your Money Back Store Hours: Daily 9 to 5:30, Saturday 9 to 8 601 N. Main — BR 6-4376

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