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ALT m jsvfflnwa Economic Future Is Question By SAM MWSOfr At* ttaMnetti \c\vs Analyst foEW YORK (API—Times are good now but how miich longer caft that lastt President Kennedy posed the question at liis news conference Tillsday, Business economists attd stock market chart followers have been asking the same thihg. They are mindful that the current u£ttirM in the economy is sdffie 36 months old. By past records that brings it close to the classification of senior citizen. The President's precise evalua* tion of the economy to-lay- is: "Good, slightly better than was estimated in January. What we must be concerned about always, of course, is the future." Most of the statistics on which business and financial economists base their stock-taking show the economy healthy. In fact, it is healthier than many had expected only a few months back when the long Upturn showed signs of slowing down. Most of the indicators to which I HEY MOM!! LOOK AT THESE. BACK TO SCHOOL VALUES... FOR GIRLS SIZE 8 "A -3 • ONE PIECE VULCANIZED SOLE • LEATHERS • VELVETS • PATCHES • COMBOS FOR BOYS • BUILT FOR HE-MAN ACTIVITIES Black only Sizes 8K-3 CRAFT AVAILABLE IN SIZE 3/2-6 FOR 3.99 FACTORY OUTLET 315 BELLE ST. DOWNTOWN ALTON economists look in predicting the future still point to a further upturn in the next few months.* The soothsayers differ, however, on their outlook for 1964. The President says that cutting federal income taxes for individuals and corporations could tnake the next year even better than 1963. Many business economists agree —if for different reasons. They hold that the cuts themselves might lose much of their immediate effect through higher state and local taxes and through payment of outstanding debts. But they do expect federal tax cuts to lift consumer and business confidence, making for more readiness to spend and, more important perhaps, willingness to go into debt for nev plants and equipment or more consumer items for the home of personal pleasure. Except for conrrurn over the age of the upturn from the 1960-61 recession, the economy today gives a good basis for confidence. Industrial production is at a new high. It is expected to go higher when the auto industry gets into high gear with new model production. Employment holds ot or near record levels, despite the still un- solves problem of stubborn unemployment. Personal incomes tcse to a fifth straight monthly record in July with an annual rate of $464.3 billion. Factory sales of durable goods hit a $17.6 billion record in July, 8 per cent above a year ago. Bunker Hill Student Home From Europe BUNKER HILL—Darrell Bruckert was met by his parents, Mr. and Mrs. E. J. Bruckert, at Detroit Metropolitan Airport on Friday, Aug. 16, after flying from New York, where he spent the previous day visiting a friend living on Long Island. He arrived in New York on Aug. 14 after touring 15 different European countries over a period of eight weeks. This tour, sponsored by Valparaiso University. Countries visited on the tour were Scotland, England, Denmark, Finland, Bulgaria, Turkey, Greese, Italy, Switzerland, Liechtenstein, Austria, Germany, France, Netherlands. Highlight was a ten-day sojourn in the Soviet Union. While in Moscow the 35 members on the tour were given the opportunity to speak with some Russian students from Moscow University. Attend Convention BUNKER HILL — Mr. and Mrs. Edward J. Bruckert of Bruckert's Garage, Bunker Hill, were among approximately 7,000 Chevrolet dealers and dealership executives in Detroit recently to attend the largest convention of its kind ever held in the auto industry. Dealers previewed the new lines of 1964 Chevrolet cars and trucks to be introduced early this fall. KINGSTON — Jamaica plans the purchase of more hog fat in 1963. HIT $AVE ON ALL DuPont's LUCITE® OUTSIDE WHITE HOUSE PAiNT • Reg. $8.55 Gal. $£50 O SAL WALL PAINT Keg. $7.50 Sal. $C45 ^J GAL. 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