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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (June 28, 1949)
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Stovi and Fuel
Salt! and Servkr
Hlway It N. at Gtrdtn
"B.tUr luyt at Birout"
Industrial Slump Expected
To Grow More Painful. With
Steel, Railways Worst Hit
By SAM DAWSON ..'
NEW YORK. June 28-tB The ilump Is expected to get a good
deal more painful ahortly. Some big key Industries, like steel and
autos, have yet to feel it And when they really cut back, It'll raise
hob with all business in the Industrial midwest and east.
The wailing and moaning you've heard to date will just be a
whisper to what you'll hear before this year's over.
At the same time, a number of
other industries have brighter
prospects for the second half of
this year. And still others expect
that any further slump this fall
will be a mild affair for them,
only a little worse than now.
Let's look at some of these
prospects, starting at the Indigo
bottom of the industrial rainbow
and working up toward the rosy
Gloomiest outlooks just now
are for steel, other metals, coal
and as a result, for the rail
Steel hit Its peak In a booming
Bt sure to get an estimate
COIN SUPPLY COMPANY
Flaed A Mill Sts.
first quarter, is now sliding down
hill fast, expects to hit bottom
the first of next year and start
back up in the spring quarter.
It hasn't trimmed prices much
Non-ferrous metals cut prices
drastically after demand died in
March. A number of mines have
closed, others have cut back the
work week. Many feel the worst
will be over by August or Sep
tember but doubt if their pulse
will be really strong again before
Coal mine over-production pil
ed large supplies on the ground.
Cold weather will help, but
whether costs and prices can be
brought down to help coal in its
competitive fight with fuel oil
and natural gas depends a lot
on what comes out of the talks
with John L. Lewis.
Railroad carloadlngs average
lower this year. They have pret
ty well reconciled to having traf
fic fall off still more the last
half, but they pray for freight
rate hikes to offset it. Truck
and barge competion bites deeper
into their business with each rate
Industries farther along the re
adjustment trail but still having
their troubles are furniture,
Many items throughout the store at unbelievable reductions. Items listed are
representative and do not include all specials available. Now is the time to
augment your wardrobe. We invite you to shop, compare and see for your
self the benefits of buying at LOWELL'S.
Itemi from our regular stock
including many new arrivals.
Sixes 32 to 44 in crepet, cot
tons, sheen both dressy and
VALUES TO 5.98
Now 2 5.00
From tizet 10 to 20 in hard
finish strutter cloth. Colors
in black, brown, green, grey
and navy. An all-year-around
item. Previously told
This it all our regular first
quality hosiery-in the latest
45 gauge now
51 gauge now
54 gauge now .
SUB-TEEN COATS I . LADIES' COATS
A tix rang for the girl and lady with Reduced again for clearance and what
the smaller figure. All 100 wool. Both values! Not many but each outstanding,
short and full length. 100 wool suede, coverts, gabardines.
VALUES TO 29.50 VALUES TO 55.00
GROUP 1 9.49 GROUP 1 20.00
GROUP 2 i12.49 GROUP 2 30.00
GROUP 3 15.49 GROUP 3.: 35.00
, Slack Suits
Sizes 10 to 20 in long wear
ing strutter cloth. Asst.
styles and colors. Best to
shop early for this.
VALUES TO 14.50
GROUP 1 8.50
GROUP 2 10.50
Not many but all mutt go.
Values to 10.50.
Baby tuft flameproof che
nille in broken tizet and col
ors. Previously toid for 7.50.
White, apricot, wine, maize,
Ladies' blouses with valuet
Not many left but all reduc
ed again for clearance. All
100 wool. Valuet to 49.50
Broadcloth in ladies' tizet,
adjustable waist, broken
tizet. Were 2.49.
Specials in the GIRLS' DEPT. Too!
A miniature of mother't in
baby tuft. 7 to 14. Wat
ALL SALES FINAL
Sizet 3 to 6x and 7 to 14.
All 100 wool in wearable
styles. Values to 21.50.
GROUP 1 .
GROUP 2 ,
GROUP 3 .
3 to 6x 7 to 14. Dressy and
catual rayon and cotton.
NO EXCHANGES OR
KMUa.b. JMUUM' ? ,
..4, vM as. , . ,,
OUTDOOR FIREPLACE DEDICATED B. F. IKtlleyl Owen, department commander of the
American Legion, is seen here at speaker's table at dedication of outdoor fireplace at Roieburg
Veterans Hospital Sunday. Program was. arranged by Umpqua Post No. 16, American Legion, in
presentation of the fireplace and picnic stoves for use of patients at the hospital.
clothing, shoes, textiles, retail
trade and the airlines.
Furniture output Is running
about 20 per cent behind last
year, but it was a lot worse
than that a few months ago. The
shoe industry ran into trouble
two years ago and is beginning
to feel the first faint recovery
breeze now. Clothing Sales and
production are now in pretty
good balance, but far below the
peak. Price differences still split
the clothing makers and the re
tailers. Wool mills caught the slump
head on at the beginning of the
year, Production hit a low point
in April and has made its first
hesitant upward step. They might
get going again the first of the
Retailers First Hit
Retail trade felt the slump
first, when customers balked at
prices. Department store dollar
sales are below last year, but
unit volume is holding high.
Earnings are due for a drop this
year, and if unemployment grows
sales will drop faster this win
ter. Inventories aren't dangerous
ly high, however.
Airlines went sour after the
war, but are in the black again.
This Is their best flying weather.
Earnings may slide again next
winter, but they're pushing their
lower-priced coach service.
Industries still riding high, but
with prospects for the second half
doubtful, are autos and utili
Auto order backlogs may dis
appear this fall, but the Industry
is still - producing at top speed,
giving at least token price cuts
to buyers and earnest pep talks
Tut., Juno 28, 1949 Tho Newt-Revlaw, Rostburg, Ort. 9
Restriction Of Atomic Bomb's Use
To 'Retaliation' Will Be Demanded
WASHINGTON, June 28. UP)
Senator Flanders (R-Vt) said
Monday he will ask Congress to
forbid use of the atomic bomb
except as a weapon of "retalia
tion' Flanders said the bomb, like
biological warfare and poison gas,
"is not properly a military device"
but "rather a means for the mass
murder of citizens."-
He announced to a news con
ference that he has drafted a
resolution for the - Senate and
House which would state as a na
tional policy that the United
Building of homes is running
behind last year and may stuff
off further next winter. Indus
trial building is also easing off.
But public and Institutional build
ing is Increasing and taking up
Riding along on the cushions
of government supports are the
farmers. Right optimistic are the
grocers. And perhaps the cheap
est of them all are the airplane
Farm income It down about 10
per cent from last year. That
cuts buying at the village store
some, too. But the farmer counts
on the government to keep things
from getting much worse. How
ever, nothing in sight now indi
cates the farmer will be better
off next year, unless unusual
weather, here or abroad, cuts
down present surpluses.
Grocery prices are expected to
drop about five per cent more
by the end of the year, but store
sales unit volume will stay high,
barring a big jump In the num
ber of jobless.
States will "not employ the
atomic bomb as a weapon of war
"Until satisfactory means of
control are agreed upon and put
Into complete effect through the
United Nations the armed serv
ices of this nation are directed to
prepare themselves and to hold
themselves in readiness to re
taliate with overwhelming force
against any nation which initiates
the military use . of atomic en
ergy." Flanders said the resolution hat
four major purposes:
1. Make It unnecessary to wait
for the convening of Congress and
the declaration of war In case an
atomic bomb is dropped on this
country. Flanders . says Congress
by approval of the resolution
would call in advance for Instant
reprisals. . .
2. Set up a national policy for
the guidance of the armed
3. Give reassurance to the peo
ple behind the Iron curtain as to
our purpose and plans as far ai
the atomic bomb is concerned
should we be drawn Into a war
with their governments.
4. Give a new Impetus to en
deavors to reach an agreement in
the United Nations on the use and
contrel of atomic energy.
hi m he
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