The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

PG. 8, - PLAINDEALER - DECEMBER 6, 1967 Statistics Of Income Girls seeking husbands, or young men seeking a mate should know that there were 86 single persons who reported in 1965 an adjusted gross income of $1 million or more. The combined taxable income of these people was $176 million and their income tax, after credits, amounted to $100 million. These and other interesting statistics came to light because of a resume recently made by Tax Foundation, Inc., of two Internal Revenue Service publications entitled: (1) Statistics of Income: Individual Income Tax, 1965; and (2) Statistics of Income (Supplemental Report) Personal Wealth. For example, Volume 1 reveals that 646 tax returns with adjusted gross income of $1 million or more were filed for 1965. The total taxable income shown on them was $1.1 billion, and the average income tax assessed on the 624 taxable returns, according to the Internal Revenue Service, was $966,838. The volume on personal wealth statistics shows that in 1962, the 4.1 million "top wealthholders", as the Internal Revenue Service calls them, had assets totaling $752 billion, debts Of $83 billion, and net worth of $669 ©illion. There was an increase of inore than 50 percent in the number of those having gross estates of $1 million or mo^e in the 1958 - 1962 period, from 47,000 to 71,000. Of the 1.6 million female top wealthholders in 1962 (average age, 57), 185,000 single females reported a total of $3.7 billion in cash; 541,000 widows acknowledged $15 billion in cash. On the other hand, 148.000 single male top wealthholders (average age, 54) reported $4 billion in cash; 135,000 widowers owned about half a billion dollars less in cash. Seat belts are kid stuff. Do your kids wear them? Published to save lives in cooperation with The Advertising Council and the National Safety Council. For free copy of Seat Belt Fact Sheet write: N.S.C., 425 No. Michigan Avenue, Chicago, 111*^60611 For Your Information Dear friends, Flowers at a funeral servk'e greatly soften and soothe the stark reality of death. Some will say, "I .prefer to send flowers to the living rather than to the dead". These people should realize that funeral services are for the living, and .that flowers at this time are most important to sustain the bereaved family, as well as a respectful tribute to the one whom <«od has taken. Kes|>e<-t fully, McHenry, Illinois PETER MJUSTEN & [FUNERAL [HOME 385-0063 17 ID 1 11 1 1 SHOP EARLY (SEED Top Issues Sen. ChKrles H. Percy, R- 111., said that the war in Vietnam had again been replaced as the issue drawing most mail to his office. This list of top ten issues, along with their place one week ago, included: 1. Postal pay raise (unlisted). 2. Social Security legislation (3). 3. Cut in government spending (1). 4. Proposed income tax Surcharge (2). 5. Medicare proposed amendments to include chiropractors (8). , 6. Vietnam (4). 7. Referral of Animal Protection Bill to Dept. of Agriculture (unlisted). 8. Curtailment of Chicago, Burlington & Quincy Railroad Service, (unlisted) 9. Meat Inspection Bill (unlisted). 10. Pollution of Lake Michigan (4). OldSport Teunyuis one of oldest sports. The ancient Egypthe world's st 8DC ^ r tians, Greeks and Persians played games that resembled our present-day tennis. e ToM Tali Return On A Dollar The small retail advertiser has a competitive advantage over the larger advertiser in terms of return on investment. Readership studies have shown that larger space units secure greater readership. But the studies indicate that the smaller space unit is more efficient in attracting readers per dollar invested. The small retail or service firm is likely to be interested in reaching only a limited part of the public. This can be accomplished in the local newspaper with advertisements of modest size. For, people who are interested in specialized services are likely to be attracted to the smallest of ads. Such services as small repair garages, electrical services, and specialty restaurants cannot afford and should not aspire to compete with large scale advertising. Potential customers need know only how the services may be obtained. The individual reader who required a specialized service automatically searches his local newspaper for information related to his needs. He will scan even the small want ads for a job, a house to rent, a used car, or a repairman. Large advertisers certainly have something to gain with their full-page promotions. Their aim is maximum volume at a low margin of profit. They pay more per reader because they are attempting to attract consumers from the entire public. - Both the large and the small retailer get what they pay for in local advertising. Their costs are different because of different objectives. FORTY YEARS AGO (Taken from the files of Dec. 1, 1927) A.E. Nye, proprietor of the Nye Jewelry, Music and Radio Shop, announced that he will occupy his entire building on Main street in West McHenry beginning on Dec. 1, using the room formerly occupied by Blake Sisters millinery story for a music department where the public will find on display at all times a full line of pianos, radios, phonographs and music. Michael Conley, 70, died at his home west of this city Nov. 26. Mr. Conley had lived in this vicinity all of his life time. Mr. and Mrs. Frank Griswold welcomed a little daughter to their home of Fourth street, Nov. 24. Floyd Covalt, Jr., entertained several of his schoolmates and friends at a Thanksgiving party in his home on Waukegan street. Among those from McHenry who attended the Notre Dame and Southern California football game Saturday in Chicago werOi Misses Vifdft, Eva and ttlli«n Stilling, LOO Stilling, Mr. and Mrs. J.R. Knox, Misses Nellie and Lillian Doherty, Frank Boherty, Neil Doherty, Father Willian O'Rourke, M. A. Conway, LeRoy Conway, Earl Walsh, Irene Conway, May Justen, James Doherty, Leone Givens, Harold Knox and Kathleen Powers. Mr. and Mrs. B.W. Duker - of Nappanee, Ind., are spending several weeks in the home of their son, C.H. Duker, and family. The Mystic Workers held their installation of officers at the K.C. hall Tuesday evening with about twenty-five members present. A delicious chicken dinner was served. Mrs. P. H. Weber was elected to be at the head of this order for the coming year and was installed as prefect at this time. TWENTY-FIVE YEARS AGO (Taken from the files of Dec. 3, 1942) The War Production Board has slashed new farm machinery production for the coming year to 20 percent of 1940 out put. The government, recognizing the need for care and repair of farm machinery which in most cases must be made to last for the duration has provided for the organization of repair classes in connection with the high schools. This is a federal financed program and any farmer is eligible to participate. The program provides for a heated building, properly lighted, with enough space to repair farm machinery. It also provides for hiring a trained and experienced machine man to help and baby have moved from the upper flat « the Fitzgerald farmer^ in repair and maintenance of their own tools and machinery. Mr. and Mrs. Chancey Harrison, Mr#. Lonnie Smith, Mrs. H.J. Collins, Mrs. Henry Stephenson and Mrs. Roy Harrison attended installation of officers of the Eastern Star at Woodstock Tuesday evening. Mr. and Mrs. Madison King V place on Main street to the Floyd Covalt, jr., home on Center street.. Bowman Dairy Company, through its heacf office located in Chicago, has released the figures covering October cash payments to dairy farmers in this section. Farmers delivering milk to the Algonquin, Big Foot, Crystal Lake, Harvard, Huntley, McHenry and Ringwood receiving plants were given checks amounting to $276,- 171.70. At a marriage ceremony held at St. Priscilla's church in Chicago Nov. 14, Miss Bernice Miller of Chicago became the bride of Sgt. Harvey Freund of McHenry. TEN YEARS AGO (Taken from tte files of Nov. 21, 1957) When, Gen. Curtis E. LeMay completed a record setting non stop flight from Buenos Aires to National Airport in his four jet tanker plane last week, T. Sgt. George Pomrening of McHenry was one of three Illinois airmen who accompanied him. His mammoth KC-135 design- • ed for refueling H-bombers completed the trip of about 5,000 miles in eleven hours and eight minutes. The first McHenry County chess tournament is underway with a total of eighteen entrants. The event will take about a month to complete. Local men entered include Don Laird, Dick Pearson, Ron Walsh and Art Targo of Wonder Lake; Phil Wheelock, Tim Wheelock and Norman Knaack of McHenry. New residents of McHenry are Mr. and Mrs. Delmar Eckert who are living on Riverside Drive. Barbara Cable, junior in psychology at the University of Illinois, was initiated into Gamma Alpha Chapter of Sigma Sigma Sigma, national social sorority Nov. 9. Miss Cable is a charter member of the chapter, which was formally installed on the University of Illinois campus in conjunction with the initiation ceremonies. She is a member of church choir and Canterbury club. Mayor James H. Cooney of Woodstock has announced his candidacy for county judge running as an independent. He has held the office of mayor for three terms. FOR IDEAS ON READ The Freeman A Monthly Magazine Published By THE FOUNDATION FOR ECONOMIC EDUCATION INC. Irvington On Hudson, N.Y. 10533 WRITE FOR SAMPLE COPY TfTmTfo^ One of the nation's most urgent needs is to provide additional rental units for poor families living within our American cities. Both Republican and Democratic members of the U.S. Congress have responded to this need -- and it is possible to make directandfair comparisons of the manner in which the respective representatives of our major political parties have sought to answer the problem. The Democrats have advanced a program of rent supplements, under which the federal government has agreed to supplement or subsidize up to 75 percent of the total rent paid by deserving tenants. Under this plan, the federal government agrees to enter into contracts with the builders of such rental properties, with guarantees to provide rent supplements for as long as 40 years. Accordingly, under the $32 million appropriation made at the last session fay Congress, the federal obligation for forty years was almost $1.3 billion. This year, a $40 million appropriation was sought, which would obligate the Federal.government in the amount of $1.6 billion over the 40-year conl tract period. \ Hie alternative Republican "Rent Certificate program" Applies to new as well as to existing "decent, safe, and sanitary" housing -- which the owner agrees to lease at rentals comparable to those charged for public housing in the same community. Under the Rent Certificate program, the federal government agrees to assume up to 80 percent of the rent but the contracts between the government and the landlord extend only for a 5-year period (in contrast to the 40- year obligation under Rent Supplement arrangements.) As both of these measures were acted upon at the last session of the Congress, we have had approximately two years within which to gauge the popularity and effectiveness of the Democratic - sponsored Rent Certificate program. During these two years, Rent Supplements have provided' Good Light Provide glare-free light for hand sewing. A 300-wati incandescent bulb will give you good all-around light. m <: CALL Ann Zeller : 385-0559 Leona Estis • ROYAL WELCOME : . 385-3646 :m T > Q P P t t P f l Q B B f l Q f l f l 9 0 Q f l f l B 0 g 0 « 0 0 f l f t H f t f t E Q 9 0 t 0 Q t q * CLEANER AIR . . . Kodak Park plant at Rochester, N. Y. Is evidence cleaner industrial air is possible, At left, an electrostatic precipator is in operation and only harmless water vapor rises from the buildings. At right, the anti-pollution device is disconnected on the right stack and black smoke emerges. McCLORY REPORTS From Washington housing for^only 1,154 families whereas the Rent Certificate program has provided 6,597 housing units from eligible families. Another contrasting feature of the two programs -- and perhaps one which further distinguishes the Republican from the Democratic philosophy - is that the Department of Housing and Urban Development has administered the Rent Supplement program from its central office in Washington whereas the Rent Certificate program is administered from local public housing boards. Since such public housing boards have been established previously, there has been no need to augment their staffs substantially in order to administer the new program. On the other hand, the Rent Supplement program, as an entirely new operation within HUD, has required the establishment of a new bureau with personnel to man both the Washington office and various regional offices throughout the country. As the Rent Certificate program applies principally to existing buildings, there has been no clamor cm the part of the building industry in support of this legislation. On the other hand, the National Association of Home Builders and some other organizations have been demanding action by the Congress to appropriate additional large sums for Rent Supplements. It should be explained that an augmented program of Rent Supplements for the poor would provide not only additional rental units but funds to be loaned for the construction of such units, with a 40- year guarantee of rents by the Federal government -- virtually sufficient to pay off the entire mortgage obligation. The question raised by this so-called "private enterprise" operation with its rent supplement or subsidy is this: "Who is the real beneficiary?" £ P*0FfcsS nlP$C OPTOMETRIST Dr. John F. Kelly At 1224 N. Green Street, McHenry (Closed Wednesday) Eyes Examined Glasses Fitted Contact Lenses Hrs. Daily 9:30 a.m. to 5 p.m. Friday Evenings 8:80 p-m. Evenings by Appointment PHONE 885 0452 Dr. Leonard L. Bottari Eyes Examined-Glasses Fitted Contact Lenses 1808 N. Eichmond Road Hours: Mon., Toes., Thurs., Frl. 4:00 p-m. to 6:00 p.m. Tues., TSuairs., & Frl. Eve 7 p-m. to 9 p.m. Sat. 9:80 to 8:00 p.m. No Hours on Wednesday PHONE 885-4151 If No Answer Phone 885-2262 OFFICE ~» EQUIPMENT McHenry County Office Machine* Sales • Service ft Rentals Typewriters, Adders, Calculators Mon- - Sat. 9:00 - 5:80 Friday till 9:00 p.m. Phone 459-1226 98 Grant St., Crystal Lake, 111. METAL WORK Schroeder Me&alcraH for Home and Garden Wrought Iron Railings Patio Furniture Antiques 1705 S. Rt. 81 PHONE 885-0950 INSURANCE Earl R. Width lire, Auto, Farm & Life Representing RELIABLE COMPANIES When You Need Insurance ^ of Any Kind PHONE 885-8800 or 885-0958 8429 W Elm St., McHenry, III. VACUUM CLEANERS ** I » »'» m B'B'B'B B B'B B B 8 ffl BVBB I I B i itiT»T8Tn\ Are You New In Town? Do You Know Someone New In Town? We would like to extend a welcome to Z every newcomer to our community. , Authorized and Bonded Electrohix Representative JAMES VAN FLEET 2501 Martin Rd. McHenry, Illinois 385-6027 ACCOUNTANTS Paul A. Schwegel 4410 West Route 120 McHenry, Illinois 885-4410 CHIROPRACTOR Dr. Arthur J. Howard Chiropractor 2606 8. River Rd. Ph. 385-3520 - Closed Thurs. By Appt. - Sat. 9 to 1 George L. Thompson General Insurance • LIFE • AUTO • HEALTH • FIRE • CASUALTY • BOAT Phone 815-885-1066 8812 W. Elm St., McHenry In McHenry Plaindealer Blgd. B. Bechenbaugh PHONE 885-6150 or 885-1822 INSURANCE ALL KINDS Dennis Conway Auto, life, Fire State Farm Ins. Cos. 8815- W. Elm St. McHenry, Illinois 885-5285 or 885-7111 LETTER SERVICE Mimeographing • Typing Addressing • Mailing Lists McHenry County Letter Service 1212-A N. Green St PHONE 885-5064 M o n . t h r u F r l . 8 - 5 Closed Saturdays RADIO & TV SERVCE Radio - Phono Black & White TV's & Color Will Pick Up Portable Items To Be Fixed W. B. Cleveland 606 So. Orchid Path 885-5024 385-0170 1 7 \