The Abilene Reporter-News (Abilene, Tex.), Vol. 80, No. 35, Ed. 1 Thursday, July 21, 1960 Page: 13 of 32
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13-A THE ABILENE REPORTER-NEWS
‘ Abilene, Texas, Thursday Morning, July 21,- 1960
Budget Surplus
$1,100,000,000
Red China Accepts
Demand From Nepal
TOKYO (AP) - Communist
China has ac epted Nepal’s de-
mand for compensation for the
killing of one Nepalese officer in
a recent border incident, Peiping
radio reported Thursday.
| Nepal accused Chinese Commu-
nist troops of firing across the
a. Nepali border without provocation
W ASHINGTON (AP)-President to the surplus Advance repay- June 28, killing one officer and
Eisenhower announced Wednes-ments of debt by foreign coun- taking 10 others prisoner. The
day his third budget surplus in tries helped the Export-Import prisoners and the body were re-
seven tries—a surprising $1,100,- Bank pay out 267 million dollars turned July 4
000,000 election-year boon to the less than anticipated. Unfavora-
Republican party. ble weather for some crops and
RVARVAUGERS * : CLERKS NAUD - SUMURAUER SAIL
AI
HSSSSSSSS
The surplus for fiscal 1960, an unexpected foreign demand
which ended June 30, was 512 for cotton helped the Agriculture
times greater than the President Department save 277 million dol-
predicted in his January budget lars of its budgeted funds,
message to Congress. Reduced Those were the largest individ.
federal spending was solely re- ual agency savings.
sponsible. In addition, interest charges
In a statement issued from his were 118 million dollars less than
vacation haven at Newport, R. I., expected, even though they stood
Eisenhower acclaimed the "very-at a record high of $9,182,000,000.
encouraging turn-around" in gov- Outlays for GI benefits by the
ernment finances from the 12′2- Veterans Administration were 117
billion-dollar deficit of a year million dollars less than were
earlier. provided for.
Secretary of the Treasury Rob- About 195 million dollars less
ert B. Anderson only Tuesday was spent on foreign military aid
stressed the political implications than Congress provided.
of 1960‘s black ink in his speech Military costs were higher than
to the GOP Platform Committee expected by 255 million dollars
meeting in Chicago, where the Re- As a result, the Defense Depart-
publican conventions opens on ment’s total spending was $42,-
Monday. 805,000,000
Anderson and Budget Director -----------------------------------
Maurice H. Stans issued a joint
statement Wednesday. They called
the surplus “particularly gratify-
ing” and ascribed it to both the
vigorous rebound of the economy
from the 1958 recession and to the
money-saving efforts of govern-
ment leaders.
The budget results would have
shown up routinely in the Treas-
ury’s monthly statement for June,
but the administration assured it
maximum publicity by arranging
the advance announcement by Ei-
senhower.
The Treasury document carried
an item not mentioned by the of-
ficials—the federal debt of 286 bil-
lion dollars was higher than at
any fiscal year end in history
Government income in the past
year was $78,400,000,000, or 200
million dollars below the January
budget estimate Outlays were
down $1,100,000,000 from the Jan-
uary forecast. Of the 26 major
agencies and branches of govern-
ment, 21 spent less than their
budgets allowed.
The President now stands to
leave office with a .500 surplus,
deficit batting average. If the
current, fiscal 1961, budget turns
up the $4,300,000,000 surplus offi-
cially foreseen, Eisenhower will
have had four surpluses in his
eight years in the White House.
Right now he is even with for-
mer President Harry S. Truman,
who had three surpluses in his
seven-year tenure.
Each of the Eisenhower deficits
was larger than any of the sur-
pluses, so the net deficit for his
seven years is about 18 billion dol-
lars. Truman’s over-all deficit
was about six billion.
Some good fortune, as well as
emphasis on economy, contributed
Big Spring Firm
Sued for $22,393
Plus Fees, Interest
W. D Caldwell, Inc., of Big
Spring, filed a suit for $22,393,
plus interest and attorneys’ fees,
in U. S. District Court here
Wednesday against B F Faulk-
ner, doing business as Pioneer
Builders of Big Spring, and Royai
Indemnity Co.
Caldwell alleges in his petition
that the amount is due his firm
as the unpaid balance for work
he performed on the construction
of a readiness crew building and
flight simulator building at Webb
AFB in Big Spring.
The petition alleges that Cald-
well’s company had subcontracted
the project from Pioneer Build-
ers, and had done excavation,
filling, subgrading and bitumi-
nous paving for the buildings.
Caldwell claimed the contract
was for $24,395, of which $22,393
remains unpaid.
From Faulkner and the Royal
Indemnity Co., which provided
surety bond for the contract, he
is seeking the alleged unpaid
balance and six per cent interest
from April 14. 1960, plus $5,000
in attorneys’ fees His attorney
is George T. Thomas of Big
Spring.
A similar suit was filed July 5
against Faulkner, the Royal In-
demnity Co. and United Mechani-
cal Contractors, Inc., by L. J.
Jeter, doing business as Jeter’s
Sheetmetal Co. of Big Spring.
Jeter is seeking $1,158 75 for
materials and labor furnished
. United Mechanical Contrators,
Inc., of Midland subcontractor
for the Webb AFB project.
Rotan, Moran Pair
In Special School
Two area high school students,
one from Cisco and another from
Rotan, are among 24 Texas stu-
dents participating in the five-
week summer science and mathe-
matics training program at Ho-
ward Payne College in Brown-
wood.
The program, sponsored by the
National Science Foundation, is
for high school students with ex-
ceptional ability. ,
John Culwell Dyer, son of J. C.
| Dyer Jr. of Cisco, and Lu Dana
Rains, son of Raymond D Rains
of Rt. 2, Rotan, are enrolled in
the program Dyer attends Moran
High School and Miss Rains is a
aludent at Rotan High School.
MOM & TOT
Maternity & Children
3646 N. 16th
OR 3 4503
ALL
SUMMER
MATERNITY
CLOTHING
REDUCED
Up -EO
To...../370
SHOP DOWNTOWN
Thursday ‘Til 8:30 P.M.
.i inace s
: uSpectacle
stew-SPECIAL PURCHASES!
B. of Values: OUR OWN CLEARANCES!
AL THIS....PLUS S & H GREEN STAMPS /
OPEN THURSDAY 'TIL 8:30 P.M.
AJaw) 6o T000!
FABRICS
SEW FOR BACK TO SCHOOL
Fall Dark Ginghams
Stripes & Solids ...
Foil Dark Cottons
Fancy Prints ....
817 HICKORY ST.
JANE PARKER
Apple Pi
I f G
JANE PARKER ORANGE FOR PINEAPPLE, ICED, WHITE
LAYER CAKE......-
JANE PARKER PINEAPPLE
TOPPED BUNS.
JANE PARKER ,
RAISIN BREAD
JANE PARKER
COOKIES______________
EiGHIY
otLOEE
COFFEE
3345 CANDV 90..
N LWorthmore Orange Slices 24-oz.
/ I [ u/tRUL - Spice or Gum Drops .....- Pk. &
TEA Bremner Chocolate, 1 ewe”
• BE Banana or Coconut ......- H Pkg. • 4
1) DEODORANT =. = 64
BEWIWESFSU E Roll-on.......Ind. Y
pADDO EOe
MAN D mmeJ Frito or Ireland’s No. 300 ‘"
Chopped or Sliced......Can •
49c PRESERVES=2:53
. 9 c
2 c 39c
347c
EXTRA SPECIAL!
- D AND MELLOW 1
EIGHT O’CLOCK COFFEE
MB. BAG
3-LB. BAG
1
4
20c Cem Mind on CHESTERFIELD
AV 10-Pkg. Cim......-........— “ADOIERTIELL
King Size CICADETTEC When Purchased
or Reg. MVANREI of Usual Price
REG. o/— $2.65 KING 2/m $2.75
99 yd.
59yd
French Knot Ginghams
New Shipment Dark Fall $1 29
Colors all 45" wide .... I yd.
DEA’ JULY
LENVEIS FTTYLY
01
SHOP THURSDAY 9 A.M. TO 8:30 P.M.
ENTIRE STOCK REDUCED!
Over 300 Pieces
Girl’s
Sportswear
66
Sizes
2-6X
• One Piece Play Suits
o 2-Piece Short Sets
• Crop Top Blouses
• All Shorts
Valu
SPECIAL BUY!]
100 Pair yr
Fully Lined: Ready Made!
DRAW DRAPES
• Sun Fast Rayon
• Floral Prints
• Solids Too — Unlined
• Ready to Hang
99
45x84
Pair
DESSERT IDEAI PUDDING & VANILLA WAFERS MADE WITH
PUDDING aze
4... 29c
A WAFERS Nobiee:
A WAILAO 94-e.Pkq..
FLUFFO SHORTENING
25c
3: 71c
CRISCO SHORTENING _ 3 #. 75c
SUNNY FIELD ...
FLOUR = 39€
SUPPER CLUB STICKS
POTATO 6 % ‘1
SULTANA SALAD
DRESSING At. 35€
IONA
-NO 30
TOMATOES
A&P ALL GREEN CUT
Asparagus %
A&P GRAPEFRUIT
JUICE
CANS
29
23*
46-Oz. 90c
Can 27
CHARCOAL2 39
Peanut Butter = 5’
Juice
A&P
Frozen
Orange
6-oz.
Cans
492
2-ex.
Cans
Strawberries A
& WWW RTE • & Sliced
Pnoduce Speciala.
RED 10-LB. BAG
POTATOES 59
ANTALOUPES
CALIFORNIA
LARGE SIZE.
California Elberta
PEACHES..
Seedless White
GRAPES.
California
NECTARINES
California
LEMONS
California Full of Juice
ORANGES .....
2 ier
• Pkgs.
25-
-2-lb. Bag
1b.
Dozen
Sfo Bag
2,00 BONUS PULLOUT DICTIONARY Women’s Day
JVARR OF FURNITURE IN AUG. WYOITTCTT S Udy
"SUPER-RIGHT" 6 TO B-LB. AVG. SMOKED
Half or
Whole
Sliced
SLICED BACON
**
"SUPER-RIGHT" TABLE READY
LUNCHEON MEATS
ICNICS
E. we. O
AD Only ty
"Super-Right" O 00
Thick a F -lb. ce
Sliced .... .. dm Pkg. W
"SUPER RIGHT HEAVY Beer ROUND
SOAP
LAVA SOAP_
SOAP FLAKES
IVORY FLAKES
STEAKx
. 89c c*____79c
Sliced Bologna, Pickle, Olive
or Liver Loof
Spiced Luncheon Meat
or Cooked Salami ..........
BOLOGNA
‘ 29
33€
Pkg were
"SUPER-RIGHT HEAVY BEEF BONE IN
RUMP ROAST
au VAMETES BANQUET MOzE ,
TV DINNERS %
woobrs FROZEN
. 75<
2.89c
“SUPER RIGHT’ U.S.D.A. GRADE A BY THE PIECE
FRYING CHICKEN
BACKS. 19 WINGS. 23c
CORNY DOGS 2 = 49c
"SUPER-RIGHT" ALL MEAT SKINLESS
FRANKFURTERS —49
“SUPER RIGHT" U.S.D.A. GRADE A 24 70 20-0%.
LEGS or THIGHS
Breast....................
49c
69
CORNISH HENS
CAPN JOHN FROZEN
COD FILLETS -
CAPN JOHN FROZEN
CRABS p.waa.........._
39c
31 $00
o) Pkes. 1
____*; 39c
TOILET SOAP
IVORY
TOILET SOAP
CAMAY
TOILET SOAP
IVORY
TOILET SOAP
CAMAY
Pers.
Bars
25c
9 Bath
L Bars
27c
Q Med.
O Bars
29c
2 Reg.
J Bars...
29c
25°
25
25
39
69
cow 10c
2 :31c
V: 32c
TOILET SOAP
ZEST
2=-29c
TOILET SOAP
ZEST
2.8am 20,
L. Bars JJC
LIQUID DETERGENT
CHIFFON
22-e. 63,
Size OU
DETERGENT
TIDE
Lge. Size 90-
3c off Label 4JU
DETERGENT
OXYDOL
G+.
Size ...
77c
DETERGENT
Ivory Snow
G+.
Size ....
75c
TOILET SOAP
IVORY
0 Lge.
L Bars.
31c
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The Abilene Reporter-News (Abilene, Tex.), Vol. 80, No. 35, Ed. 1 Thursday, July 21, 1960, newspaper, July 21, 1960; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1671650/m1/13/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.