Alaska Finances
And Prospects
Good Says Council
Members of the Alaska Legis
lative Council meeting at Nome
tHis week have been informed
that Territorial revenues are
coming in at an encouraging pace
but that there are some soft spots
in the finance picture.
The fiscal report on present
conditions and prospects was
made by Council Director Henry
J. Camarot as the legislators
opened public hearings for a
long-term study of Alaska’s fis
cal situation.
According to the report, re
ceipts of “ear-marked” monies
for special programs were exceed
ing expectations as the Terri
tory neared the halfway point in
the biennium. However, general
fund revenues were about $1 mil
lion short of what had been an
ticipated for the 1957-59 biennium
but this has been compensated
for by the $1,300,000 received
to date from oil and gas lease
revenues. Although an addition
al $1,750,000 is expected from
this same source by the end of
the biennium, it may be needed
to balance the general fund if the
regular tax sources do not meet
the original estimates.
Commissioner of Education Don
M. Dafoe has advised the Coun
cil that it will be necessary for
his department to seek a deficien
cy appropriation of over $1 mil
lion as soon as the 1959 Legis
lature convenes. Early predic
tions of budget requests for all
territorial agencies for 1959-61
will total between 50 and 55 mil
lion dollars.
Looking ahead to increased in
come from oil» and gas sources,
the Council recommended an atti
tude of cautious optimism. Phil
R. Holdsworth, territorial com
mission of mines, reported in a
letter to the Council that in the
immediate years to come the Ter
ritory can reasonably expect oil
and gas lease and royalty income
to be as follows:
1958- 59 - $ 2,600,000
1959- 60 - $ 8,200,000
1960- 61 - $13,000,000
1961- 62 - $14,000,000
1962- 63 - $15,000,000
1963- 64 - $15,500,000
This estimate of annual income
made by the territorial depart
ment of mines does not include
possible development of oil and
gas resources in the Gubik area.
Good Reading
for the
Whole Family
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PB-H-A
TV’s Biggest Money
Winner Adds $10,500
More To Total Prizes
NEW. YORK, IflV- Elfrida Von
Nardoff, biggest money winner in
TV quiz show history, pushed her
total to $248,000 Monday night.
The 32-year-old Brooklyn wo
man returns next week to NBC’s
“Twenty One” with a 10-0 lead
over Herbert Hulse, hotel clerk
and lawyer from Goldsboro, N. C.
Time ran out on their game last
night.
Earlier, Miss Von Nardoff
added $10,500 to her winnings by
defeating Wolfgang Weissleder
of New York City, a patent at
torney and marine architect.
Their game involved questions
on fictional romances and class
ical composers.
Miss Von Nardoff blanked
Weissleder 21-0.
She said she plans to continue
on the program as long as her
“spirit holds out.”
Under federal income tax laws
i assuming Miss Nardoff’s deduc
tions are in the normal range,
she would pay close to $200,000
on her winings at this point.
Also, if she loses on “Twenty
One,” some of her winnings will
be deducted.
on guard
Yes, she’s never off duty in
guarding family health. She
balances the family diet, takes
the children for their “shots,”
prods her husband to get his
annual checkup.
But what fcbout her health?
Caring for themselves is the
greatest gift women can give
their loved ones.
So don’t delay — see your doctor
about your checkup. It'S “living
insurance" against cancer.
AMERICAN CANCER SOCIETY
K N 0 M - T V
WEDNESDAY THURSDAY
6:30—Jet Jackson 6:30—Zorro
7:00—World News 7:00—World News
7:15—Extension Service 7:15—Industry On Parade
7:30—Wyatt Earp 7:30—Western Movie
8:00—Tunes and Talent 8:30—Frontiers of Faith
9:00—This Is Your Life 9:00—Feature Movie
9:30—Chicago Wrestling
BREAKERS BAR
BENNY BENEFIELD AT THE
PIANO BAR EVERY NIGHT
STARTING AT 9 O’CLOCK
Sadie Hawkins Night Wednesday
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vBrvilHn
Let me tell you what I saved when I drove a new Plymouth...then bought one!
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LARRY GALVIN
Front Street, Nome