THURSDAY, OCTOBER 31, 1957
HERALD AND NEWS. KLAMATH FALLS. OREGON
PAGE THREE
SHOWING TODAY at Dugan and Mest Chevrolet is the 1958 Chevrolet. Shown here
is the Biscayne four-door sedan. The side and rear treatment points up the complete
, job of restyling of the new Chevrolet. The broad, flat rear deck lid, the gull-wing sweep
of the rear fender line and the full length molding mark the latest developments in Sculp
turamic styling. The Biscayne series is the middle price range of the 1958 Chevrolet
line.
Treasury Works To Stay Within U.S. Debt Limit
WASHINGTON (.fl-Treasury of
ficials said today that, barring
some unforeseen emergency
national or international they
have every hope and intention of
slaying within the 275-billion-dol-lar
limit on the national debt.
And they emphasized they don't
expect any congressional drive
for increased defense spending to
alter that plan.
The officials concede they're
skating on thin financial ice, and
they acknowledge the ice is going
to gel thinner in the coming
months. The debt right now is
about 900 million-dollars short of
the ceiling imposed by Congress
not much of a margin for a time
of year when government spend
ing traditionally outruns tax col
lections by a considerable amount.
The Treasury's problem is see
ing that the spending doesn't dig
too deeply into its tour-billion dol
lar cash reserve, require more
borrowing, and force the debt up
to the limit.
Treasury projections indi
cate the debt will climb to within
one or two hundred million dol
lars of the limit before corporation
tax payments next spring start to
take the heat off.
Even then they won't be out of
the woods if there is an unex
pected drain on Ihe government's
funds.
The 275-billion-doltar limit was
imposed by Congress in 1!M6. For
the fiscal years 11155 and 1956,
however. Congress granted a tem
porary increase of six billion dol
lars. For fiscal 1957, which ended
last June 30. the temporary in
crease was three billion dollars,
to a total of 278 billion.
Discussing military spending in
his news conference yesterday,
President Eisenhower noted Con
gress last session did not author
ize another temporary boost
in the limit, thus making it rough
financial going during the winter
months of low government income.
He might have added that former
Secretary of the Treasury George
M. Humphrey said last summer
he wasn't going to ask for even a
temporary increase. His successor
Robert B. Anderson, has said the
same thing both with the obvious
knowledge and backing of the
White House.
What happens if the debt goes
over thf limit?
"It just can't, that's all there
is to it," a Treasury official said.
However, there is one way the
Treasury can wriggle off the hook
if things get too tight. It can ask
other government agencies which
now borrow from the Treasury to
borrow money from the public.
Earlier this month, for instance,
the Federal National Mortgage
Assn., borrowed 750 million dol
lars with an issue of securities
backed by the government. Part
of that 750 million went to the
Treasury to repay money FNMA
had borrowed from the govern
ment earlier. Thus the Treasury
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Informal I on mailed upon raqueit.
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SAN MANCItCO. 17
was able to show a stronger cash
reserve, without increasing' the .
debt which is subject to limita
tion.
A Treasury official said today
that more such borrowing in the
future is possible, but "not in the
books right now."
"The Defense Department right
now is about 400 million dollars
over its expected rate of spending
for the .July-December period,"
the spokesman said.
On The Record
KLAMATH FALLS
1IRTHS
R1NAKER Born to Mr. and Mn.
John Rinaker, October 29 In tha Klam
ath Valley Hospital, a son weighing
6 lbs.. 14 ou.
Dependable Coverage
MAYFLOWER
AUTO INSURANCE
Reasonable Rate
VERN W. EMLEY i
Ofllea Phene t-K2.1t ZMI So. tk
CITY BRIEFS
Rummage Sale The Klamath
Falls Lioness Club will hold a
rummage sale Friday and Satur
day in the building next to Copco's
offices on Main Street. The doors
will open at 7 a.m. Friday.x
Visitors in Klamath Falls over
the weekend were newlyweds. Mr.
and Mrs. Hans DeVries, of Tilla
mook, who were married in that
city October 25. They visited Mrs.
DeVries' mother, Ruth Pemberton,
formerly of Lakeview, and other
friends as well as relatives in
Lakeview and New Pine Creek.
Potluck The Rebekah Past
Noble Grands Club will meet
November 5 at 12:30 p.m. for a
potluck luncheon at the home of
Mrs. Helen McCornack, 2571 Lake
shore Drive.
Rummage Sale on Friday and
Saturday at Clyde and Art's Tow
ing Service will be sponsored by
the Butte Valley Federated Wom
en's Club of Dorris. Hours are 8
a.m. to 9 p.m. on Friday and 8
a.m. to 5 p.m. on Saturday.
VFW Meeting The annual win
ter meeting for District 5 VFW
members and auxiliaries will be
gin at 1:30 p.m. Sunday in Merrill.
The VFW groups will meet at the
post, and the auxiliaries will meet
in the community lounge.
Circulation Manager Carol
Biehn, daughter of Mr. and Mrs.
Fred H. Biehn, 1605 Eldorado
Street, was recently appointed
circulation manager vof the 1958
Voyageur, the yearbook at Lewis
and Clark College in Portland
where she is a sophomore.
Moose Moose Lodge Chapter
467 will hold a dance and cake
walk on November 2 at the Moose
Lodge. Please bring cakes.
Save your appetite for the
Mills School Fun Frolic and spa
ghetti dinner Friday night, No
vember 1. Serving will be from
6 to 8 o'clock. The carnival
hours are 7 to 10. Fun for every
one and everyone welcome.
Fifth Annual Camp Fire Lead
ers Day, will be held Saturday,
November 2, at the First Methodist
Church, Tenth and High streets.
Hours will be from 9:30 a.m. to 2
p.m. Reservations for the noon
luncheon should be made through
the Camp Fire office, TU 4-4884.
Regular Meeting 8 p.m. of the
Shasta View Grange, community
hall, corner Shasta Way and Madi
son, Friday, November 1. This is
an important meeting. Officers for
the coming year will be elected.
YMCA Family night, Friday,
November 1, starting at 6:30 with
a potluck supper. Games and
movies. Hosts will be Dr. and Mrs.
Raymond Tice.
Something New A cabaret
dance is planned for Elks and
their lajdies at the Elks Temple
Saturday, November 2. Dancing
will be from 9 to 1 with music
by the Fred Dallas Trio.
Death Word of the death of
Chief White Feather (Teyet Ram
mar , well known evangelist in
Tucson on October 15, following a
short illness, has been received
here. He was 51 years old. Funer
al services were held on October
21.
Recovering Webb Kennctt,
former Klamath Falls buiness
man, now living in Redding, is re
covering following major surgery
in that city.
Word Received here of the
critical illness of E. A. Watten
burg, former Klamath Falls resi
dent now living in Seattle. Before
leaving here some years ago, both
Mr. and Mrs. Wattenburg taught
at Altamont Junior High School.
PTA The PTA Mothersingers
will not meet Thursday evening,
October 31, because of Halloween.
The next meeting will be on No
vember 7.
Meet The Conger Fail-view
Home Extension Unit will meet
Friday, November 1, at 9:45 a.m.
at Joan's Kitchen at the fair
grounds. Project will be textile
painting led by Neva Hayes and
Ruth Hull. The public is invited.
Remember The Klamath Falls
Youth Honor Day Dance at the
old armory tonight for high school
students of Klamath Union and
Henley high schools. The Star
lighters will play from 8:30 to 11:30
p.m. Admission will be by youth
pledge cards that have been dis
tributed in the schools. Sponsor of
the dance is Klamath Falls Moose
Lodge No. 1106.
Start November in a social
mood by attending the Friday, No
vember 1, dessert for all Eastern
Star members, cordially invited by
the Aloha Social Club to the Ma
sonic Temple, 418 Klamath Ave
nue. Serving will be at 1:45 p.m.
by hostesses Beth Fraser, Anna
Bean, Delpha Hoyt and Martha
Leslie. Cards will follow the des
sert hour. Aloha Social Club has
no dues, is strictly social to per
mit better acquaintance among
Eastern Star members.
Note Provides
Clue To Theft
AUSTIN, Tex. UP Officers
checked a looted vending ma
chine yesterday to see how it had
been opened. A note left on the
machine gave them a clue. It said
"Guess what? Somebody goofed."
The police found the machine
could be opened without a key.
Weather Table
By THE ASSOCIATED PRESS
24 hours to 4:30 a. m. Thursday
Max. Min. Prep.
Baker
Bend
Eugene
Lakeview
Medford
Newport
North Bend
Pendleton
Portland Airp6rt
Roseburg
Salem
56
62
64
55
65
63
61
64
63
60
66
41
38
37
39
47
42
44
42
41
39
43
.04
Oregon Weather
Eastern Oregon Clearing
Thursday night with chance of
patchy valley fog. Mostly sunny
Friday. Cooler Thursday night
with low 25-35: high Friday 46-56.
Western Oregon Clearing
Thursday night but considerable
fog or low cloudiness late in night
and Friday morning. Mostly sun-,
ny Friday afternoon. Cooler
Thursday night with low 36-42:
high Friday 50-60. Northerly to
northwesterly coastal winds 5-15
miles an hour.
Northern Oregon Beaches
Fair thursday night except patch
es of fog. Increasing cloudiness
Friday with rain in afternoon.
Temperature range 40-60. South
erly beach winds 8-15 miles an
hour.
Grants Pass and vicinity
Clearing Thursday night. Fair
Friday except morning fog. Low
Thursday night 35-40; high Fri
day 56-62.
Baker and vicinity Clearing
Thursday night with low 25-30.
Fair Friday with 50-55. .
New Mexico Flu
Cases Hit Record
SANTA FE, N. M. WV-The in
cidence of influenza continued to
spiral upward in New Mexico as
the State Health Dept. reported
that the week ended Oct. 26 was
the worst on- record. A depart
ment spokesman said 5.003 cases
were reported during the week.
The previous record was 3,978
cases during the week ended Oct.
12. Department figures show 22,
929 eases reported so far this
year, compared with 3,293 cases
a year ago at this time.
CLOTHING FOUND
.The police have at the station a
boxed item of clothing whlFh was
evidently lost from an automobile
sometime Monday evening. The
box was found in the middle of
Oak Street and may be had if the
owner will come to the station
and identify it.
BELL'S
HARDWARE
CLEAR
PLASTIC
WINDOW
MATERIAL
36" WIDE
26
Lin.
Ft.
HARDWARE
The
Welcome Wagon
Hostess
Will Knock on Your Door
with Gifts & Greetings
from Friendly Business,
Neighbors and Your
Civic and Social
Welfare Leaders
On the occasion of:
The Birth of a Baby
Engagement
Announcements
Arrival of Newcomers to
Klamath Falls
Phone TU 4-6185
No cost or obligation!
W.--JJ
w-
FrL - Sat. - Mon. Only!
One of a Mnd
ALL bKANU ntW I.LEArCK3 Vl'l'
Save Savp - Save
Gen. Elect. R-l JO' 5
Gen. Electric C-3 Regular J69.95
Regular 49.95
i . u i.i ao c jaoc
Po,8Ti5 r
Hoover Model 82 MQ95 M T" A
Regular 97.50
KJw AnM
Model 5539
Wettinghouie Model J?0'5
SC-1 Regular 49.95 J
Universal Twin Bruih New Eureka 4Q?5
Floor Polisher J9Q95 Origino! $74.9Sf"'
Regulor 49.95 .
All Kinds of Rebuilt Cleaners Utw HOOVER
AT BIG SAVINGS! Model 64
COME IN TODAY $89'5
OR CALL TU 4-7193 Re9. 124.95
DEAN'S
5v
3
122 South 9th
10-31-37
STARK'S 1-YEAR
FULL GUARANTEE
INCLUDED!
Bon Bazaar's
Fall
CLEAN
UP
rvMx
i i M u mi i m
We're
OVERLOADED !
Prices effective Thursday, Friday
and Saturday -
Get here early for
buys like these!
' Low, Low Prices plus ,
Green Stamps
1 BARGAIN TABLE &
Valuei to $10.95 T
Children's Dresses, Ladies Dresses,
Slips, Sweaters, While They Last!
Your Choice
CLEAN UP SALE! Women's
MESSES
Values
To $17.95
Late Summer and Early Fall Styles
We're Over Stocked! New Fall and Winter
Q
Group 1
Values to $17.95
Group 2 Group 3
Values to $21.95 Values ts29.95
. $8. $H.
so
Most of these are brand
new arrivals - from our
regular srock-SAVE!
ALL
Winter Coats
Reduced (Except Car Coats)
lljOff!
"ZIPPO-ROBE" WOOL
Car Robes $(5)95
In Zipper Bags
$15.95 Values, now "
u
1 TISSUE J
ijliiJ
Brass
Waste
Baskets
$4.98 Values
$J98
Reg. 29c Bread
Baskets
9(
each
W il permanent
II prestone 1
I Ani-Freeze 1
III 0L
Men'i White
Handkerchiefs
Aluminum Toy That Teach!
Kiddy Kook Sets
Reg. 15c each
1.80 value
Whle they last!
Reg. 98c
m
4480 So. 6th
Next to Oregon Food