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Daily Capital News: Friday, May 20, 1966 - Page 1

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   Daily Capital News (Newspaper) - May 20, 1966, Jefferson City, Missouri                                NEWS Dollar Drain Halt Said Unlikely 1 WASHINGTON AP The Viet Nam war has virtually end ed any chance of halting the dram of American dollars over seas this year Secretary of the Treasury Henry H Fowler indicated this much Wednesday Although ending the deficit in the US balance of payments in 1966 is still the goal he said the ad ministration may have to settle for something less It may well be that we will have to settle for an interim objective of equilibrium exclu sive of the costs of Viet Nam Fowler added He made the comments in reporting a disappointing million deficit in the payments position for the first three months of this year But he cautioned against projecting this into an annual rate Quarterly figures although adjusted for seasonal variations are notoriously unreliable guides to future performance he said Fowler said he could give the dollar and cent estimate of the effects of the war on the net dol lar outflow but added that since the buildup began last August we have been little more than holding our own Not only has the war meant a net outflow for direct military aid the secretary said it also has adversely affected the his torically favorable US trade balance Although exports exceeded imports by a annual rate during the first quarter he said officials had hoped for an overall surplus this year The trade surplus last year sank to billion from billion in 1964 Fowler said its impossible to spell out how much more favor able the trade balance would be without the pressures on in dustrial capacity and demand created partly by the Viet Nam war But he made clear the ad verse effect may well have been greater than the direct costs of the war MEMORIAL DAY LET HONOR YOUR LOVED ONES MAY 30T 620 MADISON ST Do Away With Killer Sharks Says Expert JOHANNESBURG South Afri ca sharks must be attacked and wiped out says a South African expert Protective measures againsl them fail prof J B Smith says The first reaction in South Africa to fierce wild animals such as lions had been to builc Jenclosures which they could not jpenetrate he said Long and jbitter experience had proved jhowever that real security was attained only by ruthlessly wip iing out any of these animals that intruded where man lived We must seek some methods by which the shark can be eliminated as a danger This may at first sight appear an impossible task but it is no Irrcie impossible that than jachievedby the Brazilians who succeeded in wiping out the I yellow fever mosquito which jhad spread over the whole of itheir vast and difficult land IfKKMAXS MENS SUIT Spectacular Our New Summerwear Is ARRIVING DAILY REG MENS WOOL DACRON Sizes 36 to 50 Shorts Long Stout Regular NOW By Popular Demand Summer Dacron Cotton Sport Coats SLACKS To Match From CHARGE IT AT HERMANS GIFTS FOR YOUR Bilfolds by Hickok BILLFOLDS Jewelry Sets Tie Pins Tie Tacks Cuff Links Etc Popular Toiletry Brands YEARAROUND STUDENT SUITS Sizes 35 to 44 Reg 34 95 BOYS SUITS Sizes Slims Huskies 8c Reg Sixes 13 to 20 Assorted Colors and Fabrics Continental Natural Shoulder TO FREE ALTERATIONS STORE HOURS Open Monday Friday 9 to 9 Wed Sat 9 to 5 DOWNTOWN JEFFERSON CITY Style No 987 No 1987 FASHIONS ARE FUN Mfc 1 T I LADIES1 SUITS COATS NOW Off SPECIAL PURCHASE LADIES SUMMER 3Pc SUITS Seersucker 100 Gorton Checks Plaids Stripes Reg to Sixes 10 to 2012V2 to 2214 BEACH TOWELS SWIM CAPS 1 alluring swimsuit fashioned for he mm IT See Complete New Stock Of Ladies Summer Hats Many Styles to Choose From Sports Coord MIX and MATCH BLOUSES SKIRTS and SHORTS Each Piece Priced FROM J Separately nates 98 CT tit hers and Vi Ankle Pants Knit Tops Sport GIRLS fj Swim Suits G1RLS One Two Three Piece SHORTS L up Including permanent press jean and scrubbed denim 1 up BOYS Carnegie and Kaynne competi tion stripe shirtf come in a variety of brilliant flag colors AMERICAS FAVORITE FUN PANTS STAPREST Mens Summer Pajamas By Jayson Short Sleeve Knee Length Mens Short Sleeve Sport Shirts Solids 6Plaids With Button Down or Regular tapered or regular to MENS SWIM SUITS Length Reg Boys Suits 198 In 3 From coast to coast young men crave WHITE lEvrs most Because WHITE LEWS fit better look better and wear better Cool in school great on a datetops for just plain loafing Youll want a couple of come in selling fasti Waist Sizes 28 to 40 All Lengths 5 Boys Suits 198 to 398 MENS BERMUDA SHORTS In Plaids Solids Many Colors 45 DOTTED SWISS 65 Polyester 35 cotton 11 Exciting Colors 98 c yd 45 Seersucker 50 TriAcftatc 5f Cotton Solids Checks and Stripes 89 C yd our clever KEDETTES really suit a suitcase MANS DOWNTOWN JEFFERSON CITY Theyll travel anywhere you do in just a few inches of packing space And when you get there Kedeltes will be the most fun shoes around theyre young bright bouncy and divinely comfy to walk in Come choose from a whole art world of new styles and shadesall inspired by modern paintings All 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