Alton Evening Telegraph from Alton, Illinois on June 16, 1960 · Page 25
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Alton Evening Telegraph from Alton, Illinois · Page 25

Alton, Illinois
Issue Date:
Thursday, June 16, 1960
Page 25
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Page 25 article text (OCR)

THURSDAY, JUNE 16, 1960 ALTON EVENING TELEGRAPH financial contrttta wttch stemmed adequately ottered tjy controls, special consultant to the audit Believe Air Crash Dead Buried In Snow Morey Will Study J from the OrvlHe Hodge scandal Arrmgton is chairman of t he commission and state Auditor IVeW Control Setup are w»tong effectively. Legislative Audit Commission, onrGeneral Frank Whlbwy. Wfirwrrtirin m ,.*. •*_ Sen. W. Russell Arrlngton (R-'of the new agencies formed in 195? Morpy replaced Hodge as state AwnmOAnir n 7^ Evanston. said Wedneedv Morey aa a financial watchdog. auditor in July }m and ^^, .AHCMDRAOE, uoyn Morey. former state auditor, a feo ^\] determine If there are Morey, former University of with Albert E. .Tenner, Will make a study to see If new any areas of state spending not Illinois president, will serve as a attorney, on H lf«t of major re- tern. Most of the 14 persons who died fn the crash of an airliner on an : Alaska mountnlntop wet* believed bert MM remains of only one or' The four-engine Pfcdfla Worth* two of the mm piwitngws and^™ flve crew members could Alaska (AP)— ~ today to be biirfpd in deep snow, found. A six-man party flown by hell-! There was no chance that any Chicago forms for the state's financial sys- copter to the crath sceflte near of the others survived, the Alaska the summit of 9,646-fotst Mf. Gil-'Rescue Council group added. ! grated Tuesday as It hit the t 'the penk nnd tumbled aboti fert down Its slope. Toe yachts have been clocked at a speed of 144 wiles per hour. FREE NIW LOCATION! TOP VALUI MDIMPTION MONTICILLO •OOMIV, ILL OPENS TODAY/ COME STORI PLAZA AND Biggest new Top Value Stamp Family Gift Catalog ever launched U. S. ftov't. Chaieo Tonderay, Center CM* Chuck Roast Lb. 39 M»*t Htm »*l« Only M Made Fresh Hourly. Kroger Ground Beef Lb. 49 II. S. •ov't. Choke. Tenderay Rib Roast Lb. •th. * 7th. Rib 59 Nat This Medium 35 Sito tut nil Jumba 27 SIM Cantaloupes 4 for 95e V. f. ••»'». Chuck Steaks ft.. 4w »•. lry»M -I «** Arm Steaks U. LB. U S. e*»'t. Ch»lt» Ttmtroy 49* Rib Steaks . M - Kr*««r. Mad* »rM» Heurlyl Ground Chuck " * 79 59 C Alabama Red j^ •• i L £4 New Potatoes /D B " I 49 U. S. ftev't. Choice Ttnderay 49 11 to It Lb. Avf. Arm Roast;... ». » 39 C Breaded Shrimp M A. Miyrn*. U(^» |«mfc« **•••« A A. W Thuringer u 09 Cello wrapped. Large site heads Cauliflower Each Large snow white cello wrapped far your sanitation. Hen Turkeys (•M* lwif«r Mm* LM* *•* «*«tyl 1-Lb. an* * Spare Ribs l«nf«r Mm* »•• •••* • y*n««r tartcy) . an* *•«••! Charleston Grays • 18 to 20 average Watermelons Esch 25° i. 99 e Your Choice! Fish Sticks. 4 11-01. Swontoft. 400't Facial Tissue 50 FREE Top Value Stamps •Ha**** 1 ta> !•*•! Ck*rl«* !••* _ _ Angel Food Cake ••69 Ant •> kind fin* 'tint tl c*eonu* ••* c»trr/til 50 EXTRA TOP VALUI STAMPS purchcw «f l«tm*r* Margarine .... 2o nb , Rret*r ssspsn Milrti Sat. sHi, lunt II, 1110 (o»a Red Plums P«rl*M* White Grapes Hack Grapes Marrtll «Mi T.IUw M«a»*rf »rid««» Ntetarints. . IT,.. 10* tawordi th* purehei* «f spar. Kr>|ir toupen tipirn Si*, niti. )un* Lor»t, California, kapiry Or*.n C.rtJIn.l Rid Grapes 20 C Coupon Thh e«upen f««*1 for 20e t«w«r*1i th« pin-chat, «f Spvtlifht OeciHitnated Coffet (Instant) ««plr« Sit. ni(t, IVM II, 11(0 tewcrdli the f vrcb.M «f Kr«f *r IctdTw X k 4>' Kft|«' coupon oiplrtt 1st. nlti, Inn* II, 1911 OOOMOOOOOOOi Swiss Miss. Apple ft Cherry Frozen Pies 4 Hortex. Sliced Pineapple Char* 4eoffLobel Charmin Tissue 12 89 e •Ifk R t to Limit (to** Him Sot. Nlto, J»«» II, It*! Kroger. Delicious Diced Fru/fs Fruit Cocktail 4 89 C ta**v»lrt tf Wiwwr Bini J4-Pc. PUnle Pionio Sets g creamar M Visit Our New Top Value RedempHoa Store AT MoMticello Mayonnaise , ,, tmiHuT^fum tr Gri|ie Preservis >'•«•<• Pork I loam . • e • • » 49 1 29* J«r LARGE •CONOMY •IXC for your eoffa ^ Godfrey, IlliaoU. Fi-LI Drink 2 CM. 2 6til 25* 59* $«rani4*wi Wkltt, 0«»M| »**4, TtHtw v Cktc Cliif Oik* Mixat 3 ".,V. Dill »r Kiikw ^. - jk JK Hiifilz Pickln , , . . j-' 39* K'ri'i? Zipi 3V" 49' 6ran|7 Juiot . . . , , 3 '"•• S 1 lra<« Velveeta Chnse • e e 79 ChukK. Turlity. •«•« lolitbury t»««k Binqual Disssri . e e e 2 Krogtr V«« ••« GeffN l-U. e • • 75 '" Dash Detergent $2.04 •ay Hc-« U. Dash Detergent Oxydol >.. $1.33 It C* Joy Liquid 34c 12-Oz *r H ,r Wk*lt K*n*l QoldM Corn Joy Liquid € «r,l / A s,. 62c 7 Me. Ml |tt vory Soap 4 *Slrs 34c Lincoln] Group to Attend Convention Delegates from Alton will attend tip tth aimuil vetiilon of the Wnooln Partnt'l Assn. ovtf the wevkemf at Lfn. coin State 8ch«wt They wffl discuss ifnprw*(! sftvlcei fof Ij* . 000 mentally.rttartf* statfenu at the school, according to o. W. Clark, Godfrey. Among the branch chairmen who will speak art Mrs. Holder Clark, 1403 tlberty St. ,„> Those to represent tftt Alton brach of the association arr Mr. and Mrs. Oeorge Clark, 00d. frey; Mr. and Mrs. MeiVln Roach, Cottage Hills; Mr. and Mr*. C. R. Berry, Bethatto; Mr. and Mrs. William Hulsh, Mr. and Mrs. Homer Clark, Mr, and Mrs. Walter* Shewmaker, Ood- frey. e Se to Spend $15 Billion On Research » By W. t. M. ORIOO Science Service Writer WASHINGTON — the Qnifed States wilt spend $15 WIHon dollars or more on research aad development In 1962, If present trends continue, business cm- servers here and In NeW Yefk jbelieve. , ,,- : The analysts, most of them connected with stock brokerages, project the 1962 expenditures from present expenditures. Including statistics Just released by National Science B'oundatlon here on research and development In 1958. They speculate that the research wJll begin to have a major impact on business In the mld-1960's. Their predictions are based on these statistics: 1. Research and development. Is increasing at a fast, cHp. Money spent on these piyr&oijte by both Government and p^l- vate industry was lesl than tWo billion dollars In 1945, the peak war year. In 1953, a little more than five billion was spent. Estimates of 1959 expenditures «et these at abqut $12.4 billion. 2. Government funds for basic research alone represented 23 per cent of all research expenditure In 1956. In fiscal 1960, basic research has risen to about 31 per cent of the total. In basic research, the more revolutionary discoveries are generally made. 3. The 1961 budget Is shaping up so that Gtvernment expenditures for research and development will be nearly eight and a half billion dollars. 4. From past years, it can tie estimated that these Government funds will be 60 per cent of the total money spent. Thus, total expenditures should be about $14 billion in 1961. Government funds began increasing sharply after Korea. The 1961 Federal budget requests for basic research total 5600,000,000 — 20 per cent more than in fiscal 1960. .This pure research may bring new knowledge that will permit new products to come to market from 1965 to 1970. While the Government supplies the money for its research projects, about 75 per cent of the work may be done by private firms. For instance, according to the final breakdown by the Nation- jal Science Foundation, the Federal Government financed more than four and a half billion dollars worth of industrial research and development in 1958. Mech of the money went Into defense projects. (The money spent was three times that spent in 1953.) , The Foundation reports that | industrial research and development in 1958 accounted foi three-fourths of the $11 billion total spent in 1958. But the Federal Government put up the funds for 56 per cent of the industry total and perhaps about 60 per cent of the total used by Industry, universities and other groups, Including those of the Government itself. Businessmen estimate that of the total research and development in the next year, 1989, two and a half billion dollars or 20 per cent was spent in electronic fields such as transistors. Becaube of their high research and development expenditures, ins industris are particularly watched by business analysts: atomics, chemicals, electronics including information systems and infrared), Pharmaceuticals and rare metal*. Same Name — Dtffereot TOMS RIVER, N.J. (AP)-When Richard McEvoy signs his name, it attracts attention. But not always (or the sa/ne reason. As an artist, he signs his name at the bottom ol his water color or oil paints cuid draw 6 applatue from his admirers. As u state trooper attached to a highway radar unit, he signs it at the end of a traffic summons — and draws a different kind of reaction.

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