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Basic Family Needs(Continued
from Page 1) to some $2,880 last year, or 57.9 percent of the $4,62C that the average local family had available after taxes and savings. This percentage, which is the national average, turns out to be close to what it was in 1959. At that time, 27 percent went for food, 24 percent for housing and 11 percent for clothing a total of 62 percent. The amount of money allocat ed for the basic necessities and the amount left for other purposes vary with income. Among families in the local area with $4,000 a v a i 1 a b 1 e after taxes and savings, approximately $2,300 was spent for food, clothing and shelter and $1,700 remained for other outlays. Those with $7,500 used $4,350 for basics and had $3,150 for discretionary spend ing.
Rising Fire I»sses
NHV NOR K —Proper i \ losses caused bv fire m the United States rose from SI6I million in 15)00 to SI .5 billion in 15)66. the Insurance Inform.i tion Institute reports The 15)66 losses were more than double the $645) million in losses in 15)50.
78.1%