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Show , M The Salt Lake Tribune, Tuesday, July 26, 1960 $2,893,750,000 Fund U S. Allots Road Aid to States By Associated Frew since the program of super highways was launched. THE FULL amount authorized for the "ABC Program by the present Congress was 925 million dollars, but Muelof this ler aaid July 1, 196 L until total la APPORTIONMENTS include final census figures are pro$2,200,000,000 for the 41,000-mil- vided. . . Interstate highway sysRecent figures show that tem, for which the federal gov- more than of the ernment pays 90 per? cent of Interstate system Is now In the cost usev ; Another $693,750,000 was ap portioned to the states for the Some 8,855 miles are open to traffic. About 40 per cent (Utah road fund. Page 25) WASHINGTON, July 25 -Secretary of Commerce Frederick H. Mueller Monday allotted federal highway aid funds totaling $2,893,750,000 to "the states for highway con struction !n the year starting one-fourt- h being-withhe- ld e one-fift- of this mileage la built to Open Routes To Orient, CAB Asked standards deemed adequate for the traffic burden of 1975. Another 4,353 miles are WASHINGTON, July 25 under construction and engi- (UPI) A Civil Aeronautics neering or right Of way acqui- Board examiner recommended combeen or started sition has pleted on an additional 10,436 Monday a big expansion of LT.S. airline service across the miles, Pacific with Pan American UNDER the apportion- World Airways to get the nament, Utah receives $26,974,-46- tions first transpacific routes Including $6,725,852 for to the Far East from the eastprimary, secondary and urban ern seaboard. highways and $20,248,594 for In a recommended decision Interstate system. to the board. Examiner WilIdaho is allotted $20,771,691; liam J. Madden also said both and Wyo- Pan American and Northwest Nevada, $17201,406 ming $28,481,622. Airlines should be allowed to fly to the Orient from any one of four West Coast cities. federally aided systems of pri mary and secondary roads and their city extensions the bo U called ABC Program, i THE E ABLY apportion-menBy Associated Press Mueller said, "provides almost a full years lead time WASHINGTON, July 25 The Treasury announced Mon to the states for adequate day a financing operation that will clip $1,400,000,000 off the planning of their use of the 289 billion dollars national debt money, and thus assures orOfficials said the governments Improved budget posiderly progress in the protion helped make possible. A budget surplus of $1,100,000,000 Ls gram. The new allotment will bring for the fiscal year ended June 80 was reported last week. the total federal support for t will be accomplished by paying off In cash $10,400,-000,00- 0 fr the interstate system to $11, t 400,000,000 for the six years in federal securities maturing next month and the borrowing of about nine billion dollars by the Issuance of new i securities. U.S. -- Canada Confab Holders of the maturing securties win not be offered the WASHINGTON, July 25 (JP) preemptive right to exchange their holdings for the new Issues United States and Canadian or issues. f delegates negotiating for coop-rtiv- e 4 of the ISSUES TO BE PAID OFF ARE $9,600,000,000 In a 4 development Columbia River System met in per cent Treasury notes maturing Aug. 15 and 800 million Washington July 2324, the dollars in notes of the Federal National Mortgage Assn, ma4 t State Department announced turing Aug. 23 and carrying 3 per cent Interest Monday. The department aaid Holders of the maturing Issues may subscribe for the the delegations reported sub- new securities to be offered shortly, but they win have no stantial progress and arranged claim to them ahead of other Investors as Is normaUy the case 4 to meet In Canada, probably when new securities are exchanged for old. 4 4 about f Scheme to Cut Debt t It BESTBUY -- I I Q Cl O 0O0O0 r v v , ( gv Each carrier now la limited to two cities. Madden said Pan American should be allowed to start flights to the Far East from any one of the following cities: Boston, New York, Philadelphia, Baltimore, Washington, Detroit, Chicago, Seattle, Portland, Ore., San Francisco and Los Angeles. Madden also recommended Trans World Airlines transatlantic route from New York to. Bangkok, Thailand, should be extended to Tokyo, via Hong Kong. MADDEN ALSO recommended renewal for five years of South Pacific Air Lines Authority to fly to the Fiji Islands from San Francisco and Los Angeles via Honolulu, Tahiti and Samoa. t Cw j IJWv il ' 4 Cars Magazine judged The Lark Best Buy over 23 American cars. Be your own jury do what the expert did. Com- pare The lark for performance, comfort, roominess, luxury, economy . . . and price. Were pretty ure youll come up with the same answer... "Best Buy The Lark. J'ffB BYSTUDEBAKER CMON IN -- THE DEALING'S GREAT AT YOUR STUDEBAKER DEALERS. IMm tofeWOftlUUZ CM 1AM Mmet 41 Your KRUTmt kmt ta bnkj.biir,g,ir,ig,l "WORLD Studebaker Dealer man to ee for an ABC th l Imm'. JAZZ SERIES "Always Buy Certified Ued Car3 Only 4 More Days to Get One of These 1, 4 yTIT V- 71 mid-Augus- t. I 1 I NOW . . . Every Dollar Buys O rf O. 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