Illinois News Index

McHenry Plaindealer (McHenry, IL), 6 Aug 1969, p. 17

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I DONALD STILL QUERIED ABOUT BOND INTEREST Donald Still, McHenry county chairman for U;S. Savings f Bonds, has been queried about * the Treasury request to Con- gross to remove the interest rate ceiling on Savings Bonds and other government securi­ ties. According to Mr. Still, "If the legislative request is ap­ proved, the interest rate on Series E and H Savings Bonds will be raised from the current 4.25 per cent to 5 per cent, if held to maturity. The in­ crease would be retroactive to June 1, 1969, All outstanding E and H Bonds would also ben­ efit form the new 5 per cent rate, beginning with the first semiannual interest period which starts on or after June 1." Series E Bonds will have their maturity period reduced from 7 years to 5 years, 10 months. H Bond maturity will remain at 10 years. Both E and H Bonds would enjoy an auto­ matic , extension period. The present 5 per cent rate on Freedom Shares would continue unchanged until they are re­ moved from sale 6 months af­ ter the proposed legislation be­ comes lavy. Authority to ex­ tend freedom Shares "at ma­ turity is included in the Trea­ sury's request. ft Mr. Still said that the Trea­ sury's proposal "should give new impetus to the Savings Bonds. Program throughout our area. Wed. Aug. 6 , 1969 - Plaindealer - Sec. 2, Pg. 3 IT\ l\ ILLINOIS The Discover America Trav­ el Organization (DATO) is spon­ soring a special travel pro­ motion program to call atten­ tion to the many scenic and historic tourism attractions and recreation opportunities avail­ able in Illinois. DATCs "Fifty Days of Fun," an exhibition held at Philadelphia's Tourism center through Aug. 29 to pro­ mote travel within the United States, is produced to encour­ age Americans to see their own country before touring foreign lands. o n"°, d i s t i nc t i ve appa re l -TWrif -Knifirjur in tl\c o(^llondfitock Extends a cordial Invitation tor von to attend our annual TRl \k &IIO\VlMi of INTRODUCING THE WINNER -- Pretty Kelly Gates, daughte of Mr. and Mrs. I rank Gates of Woodstock, is the new Little Miss Peanut for the Kiwanis 20th district. The title and shiny crown were bestowed on the lovely little girl in competition held at the Legion home, Mcllenry, this week Tuesday evening. OtJjers in competition were Judy Pritchard, Mcllenry; Patti Leo­ nard, Belvidere; Mary Endler, Dundee, first runner-up; Miss Gates; Janet Adams, Belvidere,-last year's winner; Lynn Brock- way, Cary; and Lorrie Jones, Sycamore. PLAINDEALER PHOTO WHISPERING OAKS GERTRUDE DISNEY AREA RESIDENTS CONCERNED ABOUT FLOODED SPOTS Many of the residents of Whispering Oaks are perturbed and aggravated about the in­ tolerable flooding conditions here after every rain storm. It seems that certain spots arc es­ pecially hard hit and our so called nature walks are no more than miniature Grand Canyons that grow deeper after every storm. However, we are pleased with the weeding operation that has restored our formal gardens to their original beauty. Don Kennard, son of Mr. and Mrs. Braidwood, 1118 Cumber­ land, and their children, Tim­ othy , Kari, and Thomas, all had a stay at their grandpar­ ents' home. Kari stayed all week. So pleasant are the grand­ parents that Timothy brought his girl friend along. She is Carol Becker of Glen Ellyn. He wanted to show her how nice adult living could be in Whis­ pering Oaks. Our 2 bicyclists, Reva Davis and Grace Wagner, ride an hour each evening and are hoping for a new one to join them, Mrs. Stanlik of Sussex. Mrs. Alfred Braun, 1118 Manchester Mall, is busy teach­ ing the children at the vocation­ al bible school at the Chris­ tian and Missionary Alliance church on John street. 385-7515 wonderful time reviewing child­ hood times together. Mrs. Doss will go to see her son's fam­ ily in Wapakaneta, Ohio, for awhile, then go to see her daugh- ter and family in their new home a child. in Birmingham, Mich. She en­ joyed her visit here seeing many relatives and good old neigh­ bors in Mcllenry and vicinity where she used to visit as Mrs. Toczyle, daughter of jMrs. Roy Peach, 1109 Man­ chester Mall, and her two chil­ dren, Chris and Cindy, are spending a few days with their grandparents. Mr. Toczyle is very busy but will come a little later. Mrs. Lucille Ahrens, 4612 Sussex was taken to the hos­ pital by ambulance after fall­ ing in her home, she is un­ dergoing x-rays for a possible cracked bone. Mr. and Mrs. Nick Kauth, Sussex, took Mr. and Mrs. Dis­ ney for a nice long ride to vis­ it the farm where Mr. Kauth was born, near Elbourn, 111. The present owner invited us to come in and see the changes that were made since the good old days. Quite a few mem­ ories were in Mr. Kauth's mind as he went through the place. It was a lovely farm. There were so many things the lady of the house had canned. It all looked so good. Mr. and Mrs. Art' Kuehn, 4709 Cumberland Circle, had Art's mother, Mrs. Natalie Kuehn, visiting them. They also had two uninvited guests, one rabbit who ate the tops of their beets, and one woodpecker who thinks their house is a tree. The Quanstrums on Sussex Drive have had a visitor for five weeks, Mrs. Ethel Doss from New Jersey, Mrs. Quan- strum's cousin. 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