McHenry Public Library District Digital Archives

McHenry Plaindealer (McHenry, IL), 28 Dec 1979, p. 8

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spurgeon Bankers View Economic Health H*r» find There In Buhmm poll because of their close tervention in the economy, daily contact with looal deficit spending, enterprises - farming/ overregulation, and negative r e t a i l i n g , s e r v i c e s , l e g i s l a t i o n a t t h e f e d e t a l a n d manufacturing - mall as state levels. wefl as large in scale. The anmmi survey seeks thfe "to addition to inflation "pulse" of the banker's and governmental in- overall reaction to the year's tervention, oar members are economic developments in worried about the effects of his area, rather than an current strikes and rising evaluation of in- unemployment," he said, dividual factors. "They are also concerned * Robert J. Wingert, with current and future high executive director of ICB1, interest rates and how stated that the concern of energy scardto and rising member bankers in- costs are debilitating real c r e a s i n g l y i n v o l v e s e s t a t e s a l e s a n d h o u s i n g governmental roles - in- construction/' During 1979, the economic health of Illinois com­ munities was at least generally stable and normal in the opinion of community bankers throughout the state. The 423 members of the Independent Community Banks in Illinois were asked, simply: "How was this year?", "How does next year look?", and "What's your main worry for next year?" More than 55 percent responded, with 83.2 percent reporting the year was at least generally stable and normal. Of these, 32.6 per­ cent indicated better fh--» average years. Rating inflation and government intervention as their prime worry lor IMS, 27 percent expected local conditions to worsen in the coming year, an increase from 9.3 percent in the 1977 survey and 16.7 percent in 1978. Despite rising pessimism, however, 73.6 percent expected their area economies to at least remain the same or show moderate improvement The collective appraisal of community bankers is regarded as a "grass roots" Illinois Bell has asked the Illinois Commerce com­ mission for its first general rate increase in local ^ telephone rates in six years. The company is asking for 7/percent increase in total ^ revenues to offset inflation- caused cost increases. The request is below what the •>. company could ask for with the standards set by the federal government'^ council mi Wage and Price stability. , The proposed changes include higher rates for basic local service, for Touch-Tone service and Custom Calling services, as well as for standard phones, Design Line, Trimline and Princess phones. Higher charges for ordering and connecting phone service would bring these charges closer to the cost of doing the « work. Increased charges for establishing or changing WATS service are also proposed. The company has proposed higher rates for person-to-person operator- assisted long distance calls. Rates for direct-dialed long distance calls and for other operator-assisted calls such as credit card, collect and third number calls would remain th^imne. Rates for ekra directory listings and for unlisted directory service would be increased. A new monthly charge would be made for customers having their phone numbers listed only with directory assistance operators. Illinois Bell asked to reduce the monthly call allowance to directory assistance from eight to five calls to further shift the cost of providing this sevice to the heavy users of the ser­ vice. Morarthan 86 percent of residential-customers and 73 percent of business customers place five or fewer calls to directory assistance each month.The company also requested the elimination of the monthly credit. Dr. Nuzzo ... ̂ President Of Stat• Podiatry Promoted < Here's a reminder from Illinois Bell: The federal excise tax on telephone service will drop from its present 3 percent rate to 2 pa-cent Jan. 1,1900. This is a further step in the gradual phase-out of the tax - which is being reduced one per­ centage point per year and will cease to apply after 1961. Congress first imposed the excise tax on a limited basis during World War I. Although repealed briefly after the war, it was rein­ stated during the depression and has continued since then on a more extensive basis. During the 1940s and 1950s the rate was as high as 15 percent on local telephone service and 25 percent on long distance service.From the mid-1950s until 1972 it was 10 percent on most local and long distance services. In 1973, and each sub­ sequent year, the rate has been reduced by one per­ centage point. Meat Remains Popular Meat consumption this year is expected to be up about one percent over last year,' reports the National live Stock and Meat Board. Recognition of the value of meat in the diet and its popularity on the table sustains demand in spite of generally higher prices. US. producers meet the demand for about 95 percent of the meat consumed in the country. About five percent, mostly beef, is imported. DR. JAMES NUZZO Podiatrist Dr. James J. Nuzzo, who practices in Des Plaines and resides in Arlington Heights, has been elected president of the Illinois Podiatry society, the professional association representing foot specialists practicing throughout the state. Dr. Nuzzo is affiliated with McHenry hospital and three Chicago hospitals. He has been director of the podiatric residence program at St. Bernard's hospital since 1971. and he also served for nine years as a clinical in­ structor at the Illinois College of Podiatric Medicine. Anticipate Hiring Slowdown WONDER LAKE HARDWARE McHenry area employers anticipate a slowdown in new hiring activity during the coming three months ( J a n u a r y , F e b r u a r y , March) from the level of one year ago, according to a survey conducted by Manpower, the world's largest temporary help service. book Medical Publishers. He is a past president of tl\e Central Neurosurgical society and past secretary and vice-president of> the Illinois State Neurosurgical society, as well as secretary of the Chicago Neurological society. Dr. Pawl is a member of several professional organizations, including the Congress of Neurological Surgeons and the American Association of Neurological Surgeons. He is also a fellow of the American College of Surgeons. Dr. Pawl, his wife, Mary, and their six children live in Lake Forest. 7602 Hancock Dr. Womtor Lclt«, II.' I Dial Wondar Lake 653-4471 Chuck Bartels, owner of Manpower's McHenry of- "The Eyes Have It" For Special Problems disorder brings. Con­ sultation will continue to be provided by Dr. Norman Bernstein, a psychiatrist on the faculty of the University of Illinois Medical School. This group welcomes new members. Anyone with d i a b e t i c r e t i n o p a t h y regardless of the degree of visual impairment, is en­ c o u r a g e d t o c a l l t h e A m e r i c a n D i a b e t e s association at 943-8668 for further information " about the extremely valuable support now available to them. SHOE & BOOT CLEARANCE 20%.c50%o This Week Scoop-up Big Sayings on Styles for Women, Girls, Boys, Men Look for the yellow tags! They mean savings on every shoe or boot you see. Dress shoes, sport shoes, casual shoes, boots -- high and low heeled. All from our fall and winter collection -- but not all sizes in every style and color, so hurry in for best choice! • • * * Tolerance is the key tc peace pf mind. • * * • Progress isn't achiev­ ed by following the crowd. FRAMES WITH PURCHASE OF LENSES SENIOR CITIZENS BOUTICyjE DESIGNER SECTION i LATEST • FASHIONS SPECIAL PRICES DO NOT APPLY Assignments in U.S. and Europe. A chance to bring home up to $7400 for your education. And if you com* back to schooJ in Illinois, full payment of college tuitions and fees. For more information, call your Army recruiter ot 459-8010 Crystal Lake; 232-5816 Freeport. Call collect. McHENRY MARKET PLACE 385-4100 Store Hours: Dally 9-9, Sat. 9-6, Sun. 10-S HAIRSTYLING CENTER 3S5-4520

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