Alton Evening Telegraph from Alton, Illinois on September 13, 1972 · Page 17
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Alton Evening Telegraph from Alton, Illinois · Page 17

Alton, Illinois
Issue Date:
Wednesday, September 13, 1972
Page 17
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Page 17 article text (OCR)

WITH THIS TIMELY ASSORTMENT OF HOUSEHOLD HELPERS! POLISH UP ON SAVINGS REGINA ONE SPEED POLISHER • i appliance— b last tl'oor jobs! • Scrubs & shampoos beautifully •Waxes, polishes & huffs REGINA® 2 SP. STICK VACUUM High-quality Electrikbroom Easy-does-it lightweight appliance Does heavy duty jobs in 3 hurry REGINA STICK VACUUM • 1 speed Electrikbroom Handy time- saver Economic clean-ups plus top quality PROCTOR PASTRY TOASTER $056 C J SALE Great price on a 7 slice toaster. Convenience food heat selection bar. Tastier toast every time! HAMILTON BEACH POPPER SALE Poppm' good buy' Butters while it pops! Duralan I 11"' lining foi easy clean ups! HAMILTON BEACH GROOMER Ci o o d grooming! RIVAL CROCK POT SALE Get things cooking ... & let them simmer! Better flavor! Better nutrition! YOUR CHOICE HAMILTON BEACH 3 SP. MIXER $688 ^^ SALE Batter up! It's the Hamilton Beach mixer that'll make you a better cook! Beater ejector. HAMILTON BEACH 7 SP. BLENDER $13 88 ^ IVJ SALE An unbeatable buy! 7 speeds for every blending chore. 44 oz. container. Avacado. SPARTUS CLOCKS 1 unely savings 1 $488 Dry & style your hair at the same time! Complete w' attachment arm. Tote- it-along carrying case. Venture a store for QUALITY ... a store for VALUE Clockwatcher savings on 4 decorator models. Teh time with a cheerful Hen- Ciock. an old-fashioned Schooltime: smart Antique: charming Sampler. HAMILTON BEACH CAN OPENER KNIFE SHARPENER Sharp buy! SR88 Sharpens knives as well as opening cans. One year guarantee. SALE PRICES GOOD THROUGH SEPTEMBER 16 ST. LOUIS. MISSOURI . . . South Kingshighway & Christy Boulevard OVERLAND, MISSOURI . . . Page & Innerbelt (725) KIRKWOOD, MISSOURI . . . South Lindbergh & Big Bend NORTH COUNTY . . . Dunn Road (1-270) at West Florissant FAIRVIEW HEIGHTS, ILLINOIS . . . U.S. Highway 50 & III. Highway 159 ALTON. ILLINOIS . . . Beltline Highway at Washington Alton Evening Telegraph Wednesday, Sept. 13, 1972 Don't hold your breath on inflation By Carllon Smith At current food prices a pair of school-age children will chew their way through $13 to $21 worth of roceries a week, at home — not counting snacks and other food consumed out of the house. The cost of a "market basket" for the at-home meals for a family of four, the Department of Agriculture has calculated using March prices, ranged from $ (a low-cost food budget; to $51.40 a week (liberal). The moderate-cost food plan entailed a $41.70 grocery bill. Since there have been sharp increases in food prices since March, the typical family can add 3 to 6 per cent to these figures for comparable current food costs. The department, estimates the cost of its "market basket" on the basis of standard food items providing well-balanced meals similar to those commonly eaten in the- United States. Children may be "cheaper by the dozen," as the title of an erstwhile bestseller had it, but in pairs they're not. Market basket costs for the family with two school-age children run about 70 per cent higher than for a childless couple. The department's figures on market-basket prices for a family of two, 20 to 35 years old, were $19.40 for the low-cost budget, $24.60 for moderate-cost and $30.50 for the liberal budget. Those March prices, the National Consumer Finance Association notes, represent a 12-month increase of 4.4 to 5.5 per cent — an inflationary .spurt, "in contrast to the rise of less than 2 per cent in the year before." As for any hope that general inflationary pressures will ease in the months ahead — well, what's being promised for public consumption may be one thing. The figures being used at top Wall Street levels, for priviate consumption, are another. The investment banking firm, Salomon Brothers, is one of the giants of the world of finance, and Henry Kaufman, one of the partners, is an economist who's been considerably more accurate in re c e n t years than administration economists. In a "Memorandum to Portfolio Managers" several days ago Kaufman added up the figures for the U.S. fiscal year just started and pointed out that in the year ahead "the huge credit demands we have projected would place a heavy burden on monetary policy." What's causing the problem, is the ever increasing federal budget deficit. In the coming year the government will somehow have to borrow at least $32.5 billion — the difference between what it's going to Epend and what it will receive in revenues. There is only so much money in the country. After the government has finished putting bite on its various sources of borrowed money, there's going to be less left to go around, for other borrowers. Kaufman warns the portfolio managers of a strong possibility that credit demands will "push short- term rates substantially higher." and present our monetary authorities with "an acute dilemma." They can take steps to ease what, may be a hard credit squeeze — at the cost of "providing considerable heat t o re-ignite inflationary tendencies." So, to avoid getting purple in the face, don't hold your breath waiting for interest rates to go down and for inflation to go away. Kaufman sees our problems coming to a head "in the first half of calendar 1973." (NEWSPAPER ENTERPRISE ASSN.) Law for today DIVORCE BY DEFAULT NOT FOR SERVICEMAN Q — When my brother returned from military service in Vietnam, his wife announced that she had obtained a divorce and they were through. Is it possible to get a divorce from someone in military service without that person knowing it? A — No. Under the federal Soldiers and Sailors Civil Relief Act, a serviceman cannot be divorced by default — that is, because of his failure to respond to divorce papers sent to him. He must either sign a military waiver or he or his attorney must file an appearance and consent in the case before the divorce can be granted. —Illinois State Bar ASSJI. (ADVERTISIiMUNT) AMAZING DIET DISCOVERY! The diet von are now on—or thinking about—may be dangerous to your hi'alth! Yet. with this new diet discovery people huve lost as much as 95 pounds .sately and very, very easily. The tact is that probably every diet Tuntil this one) causes the loss of hotly tissues other than fat. This means damage to muscle,, liver, blood cells, etc. Actually, certain calories are necessary tor uood health and do not add weight. But, it's important to know which calories! Is this "Amu/inn Diet" safe and effective? Positively! It has been sci- online-ally proven. Kv<-n reported to the American Medical Association. When you lose wemht on a starvallon or "fad" diet, as much as 66% of the \veinhi loss is from vital tissue—not fatty tissue! Truly dangerous! But, this ••AniiUiiiK Diet" protects vital tissue-—and YOU still lose weight. How iniu-li' 1 A .'il' man lo,t .\~, pounds. A M-1-vear-old housewife lost 95 pound-.. A 'J^ viMi-old nnl went from 18!) pounds to a beautiful 36-26-36! 'I lii-re is |i-).sit!vely n» siarviiif;—you should nibble between meals! Soon \ "11 v,-ill leel tit-tier than you have in years—and look years younger. Siilrlv ' S<>. if von want to lose pound alt' T pound, look younger, feel youii'.'ei—all \\ilhoui d;i"j;ei to yi.ui health, order the "Amazing Diet" t"day from Aniciuail Institute Weisht Control, Hox 5447, 27!l Sheffield l)i . Santa liarbara, ("a 'i;iOS. linelosr W '<(} i $','.i;.l Calif re.s.). Cash is " k Add ii.'x- for Rush. Since this diet in ours, exclusively, we suggest you I'M] ihis out ,is a lemnuler You'll want a copy sooner or later! Attain. v. c know o! no die' winch include* these new, safe, scientifically proven and aina/aii;!;, sun esslui discoveries. ijj 1972 Open Daily 9:30 AM 10:00 PM . . Saturday 9:00 AM-10:00 PM Sundays in Fairview Heights and Alton Noon to 6:00 P.M. NOTICE OF NAMES OR PERSONS APPEARING TO BE OWNERS OF ABANDONED PROPERTY I'ursuunt to I'aragraph 112, Chapter 111, Illinois Revised Stutute!<, 1061, notice, is hereby given that the. persons listed In-low appear to be the owners of abandoned property. (This property does not pertain to iteal Estate). Information conccrnint; the amount or description of |he property and the. name and address of the Holder may be obtained by any person possessing an interest in the property, by writing to tlie Director, Department of financial Institutions, Abandoned Property Division, 227 South Seventh Street, Springfield, Illinois, giving the name, number and :is shown in this notice. I iiles» proof of claim is presented to the Holder and the Owner's right to receive tlie property is established within <J5 days from the date ol the last published notice the abandoned property will be placed in the custody of the Director of the Department of financial Institutions, not later than 85 days after bucli publication date; and all further claims must thereafter be directed to the Director of 1 inuncial Institutions, Spriujj- licld, Illinois. Do not telephone, but write. C. AUSTIN MONTGOMERY, DIRECTOR DEPARTMENT OF FINANCIAL INSTITUTIONS llowlcs, Annie fOUT Lo^an St., Granite City, Ul. fcluabeth Hosp Granite City, UU Graves, Ktta 11^7 Highland St., Alton, 111. Hartone, Bertha ltd. 6«, Troy, HI. Karaiidjetf, Uobert 11 2t>27 Delmur, Granite City, III. Lewis, Charles G Kxtr. Alton, IU. Mel' arlanc, Mildred 91 (arson St., Wood Kiver, III. Norris, I'.huer 713 K. t'ifth St., Alton, UL Kobinson, Thomas, Madison County Home, UdwankvUto, IU. Kobiusou, William Jackson St., Newport, |IL Wiltcrton, James 200 Ktver St., Wood iUver> IU-

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