10 The Newt-Review, Roieburg, Ore. Tue., July 12, 1949
Shrinking Inventories Seen
As Omen Of Imminent Surge
In Replacement Purchasing
Bv RICHARD FISKE
NEW YORK, July ll.-i!PL-
Shrlnklng inventories gave some
encouragement to a nation of de
cline weary Dusinessmen last
week.
Factory warehouses were less
bulelne: wholesalers' stockrooms
were less cluttered with goods; re
tailers' shelves weren t quite as
tightly packed.
It was a step In the right direc
tion, lor It meant production
could get away to a quick start
once tne consumer loosens nis
purse strings.
But It wasn't the whole answer
by a long shot. It will take more
than a drop in Inventories to start
business activity really humming
again.
There was plenty in the week's
news to discourage as wen as en
courage. The threat of a steel strike,
Britain's austerity program and
President Truman's coming econ
omic report had everyone in a
dither of soeculation.
And overall business activity
during the week followed a now
familiar line declining produc
tion and sales down again.
Good Omen Seen
For many economists, however,
the decline in inventories at man
ufacturing, wholesale and retail
levels was a good omen.
They knew wholesaler, retailer
and consumer alike must start
buying replacements sometime.
They said the prospective buyer
has the dollars; that he's only
waiting for a better bargain.
Declining stocks of merchan
dise do not mean that purchasing
will start tomorrow or the next
dav.
But they do Indicate that when
buying finally gets underway
there will be a rapid upturn in
the rate of business activity in-or-
itt Irnnn Ika mnn ol tFVmt-o' ,1(11 II t O
satisfied.
Last week, reduced Inventories
contributed to an upturn in the
non-ferrous metals market. As de
mand picked up copper and lead
prices advanced for the first time
since March.
Steel Strike Threat Worries
The threat of a steel strike
kept everyone tense from Wall
Street to Main Street
A strike against "Big Steel"
probably would affect 189 steel
producers employing 500,000
workers.
It would greatly hamper the na
tion's Industrial machinery but It
probably wouldn't have anywhere,
near the crippling effect of the
last major stoppage in 1946.
In the previous big strike the
country was in the midst of post
war economic recovery the de
mand for steel was intense. Today
backlogs of orders are practical
ly non-existent and production
has been steadily declining.
Unemployment figures were af
fected by school-age job seekers
who wanted work for only the
summer monthc
Government employment was
at a threcyear high.
The Census Bureau reported
federal, state and local employes
numbered 6,219,000 in April, lat
est month available.
Department store sales dropped
11 per cent below a year ago. Ac
cording to the Federal Reserve
Board the largest decline In
some time. For the first six
months, sales were only four per
cent below the first hall oi lyia,
however.
The New York Stock Exchange
was doing nicely during most of
the week ana naa live successive
advancing sessions to its credit.
Then, President Truman told
his news conference he was bull
ishlook at the stock market, he
said. , , ,
And within a matter of minutes
the market advance naltea.
Ci4-A;Ja Mrxfol Plane Contact Tl
Be Held July 16 And 17 At Eugene
A record breaking number of
entries, estimated to exceed 250,
are expected to participate in the
state-wide model plane contest to
be held on Saturday and Sunday,
July 16 and 17 at Eugene. This
will very likely break the mark
set last year, according to Ply
mouth dealers of Oregon, who
are sponsoring the annual con
test. Spotlighted on Saturday's pro
gram will be speed and stunt
events scheduled to take place on
lha Trnlvoreiti nf Orofrnn ramnus
and using the Webfoot baseball
Held.
The following day will see free
flight models performing at the
Eugene airport. Awards will be
made following events on each
day.
Melrose
By MRS. NETTIE WOODRUFF
Fncir Melrose neoole. Mr. and
Mrs. Ralph Corey, and Miss San
dra ai.l Valene Rawl, were in a
nnriv nf eloht which visited Cres
cent city, iotem raiK, nee ui
Mystery, and the Oregon Caves
diii'Incr the Fourth of July Week
end. Others in the party were Mr.
and Mrs. George Butler, daugh
ter Betty, and son George Jr., all
of Coos Junction. They returned
Sunday evening.
Mrs. Everett Nash, Chester,
Calif., visited Thursday night and
Friday with her niece, Mrs.
Catherine Cory at Callahan Trail
District. She has been visiting her
son Ora Nash, nt Melrose for
some time and left for her home
Saturday. She was accompanied
by her son, who will bring his
two daughters back to Melrose.
They have been visiting in Call-
lornla. I
Bud Richards, assistant warden 1
for the Douglas Fire Patrol, re
paired the patrol telephone
through Melrose Thursday morning.
Mrs. Sanders of west Melrose
recentlv fell and suffered Injuries
to her left foot and ankle.
Miss Ida Buman left Thursday
morning for Landers Lookout,
atop the Coast Range above Mel
rose. She will be stationed there
this summer.
Mrs. Ralph Cory was called to
Roseburg Thursday to visit her
sister. Mrs. fausle urr ol cook
ingglass, who is ill in Mercy Hos
pital. Mrs. Cory will also visit her
motner, Mrs. jacopy, oi cooKing-(lass.
Contest plans for the 1949
state meet will offer prizes in.
eluding three scholarships to any
Oregon college or university to
be offered to winners from 14 to
is years ot age.
In addition to the scholarships
there will be presented four all
expense-paid trios to Detroit. Ml,
chigan. Here, winners in all the
state meets will compete in the
Aueust 22-29 Plymouth Th rd In.
ternational Model Plane Contest
lor $87s0 ,ln prizes.
Contestants in the aee eroun
nine to 26 years may win the
trips wnue additional awards will
be presented to winning modelers
in an age groups.
Roseburg Plymouth dealers
who are helping to sponsor the
state model plane contest are Si
Dillard Motor company, Cork-
rum Motors, inc., and Ros
Truck & Motor Company.
The oldest brick house in 1111
nols stands at Cahokia. It was
built about 1800 with walls a foot
and a half thick.
rom
WAPAM6
REPAIRED
Sy Our Expert
cff
v. - let.
Lockwood Motors
Rose and Oak 8ts.
Phone 80
JACKED UP PRICES
CAN HURT YOU!
There's a big dollar sign
on t' at place of yours.
BUT it should be a danger
sign if you're insuring for
what your property was
worth .rather than for
what it is worth. Yes, that
mistake can cost you
plenty, if disaster strikes.
Take a tip! Make sure
NOW that you are ade
quately insured.
R. O. YOUNG
Phone 417
205 W. Cass St.
Roseburg
$800" mm
n o a fi n n
24 MONTHS TO PAY!
tin tititi in rutiMii enri
9'hitt tidt-tmll iirri, nor trnrtl
hiJ4 and 'Otordrin optional at oxtra rait
YES, for only $800.00 Jown you ran
drive home the tmartent-lonkinp,
rasiest-handlinn car on the rnail-the
powerful new 1919 Mercury!
And you'll save money every mile you
drivel Mercury owners report 17, 18, 19
miles per pillion-and up! Even more
with Overdrive!"
So come in todny , , , for today's bent
buy, the 1919 Mercury! I.ilicrul trade-in!
Ta extras! Prompt delivery!
LIBERAL TRADE-IN !
N0 EXTRAS TO BUY!
OWNERS REPORT 17, 18, 19 MILES PER GALLON AND UP!
MICf INCWPtS: 5 Snpcr-Cmliion Balloon Tires, Grille
Guards. Oil-Paid Air Uraner, Oil Kilter, Wheel Trim
Kings Klertric Clock. Dora not include license fee,
state or local lav if any.
Afafe wk m ik pwwj 1949
LOCKWOOD MOTORS
Rose & Oak
CONVENIENT PARKING AT REAR OF STORE
Roseburg, Oregon vjjjjj
PRICE-CUTS OF 20-40
IN WARDS GREAT
CLEARANCE EVENT
REG. 1.59 WOMEN'S BUILT UP SLIP -
White and pink sizes 38 to 42. 2r7
SHANTUNG BY-THE-YARD, Reg. 1.25
Rayon, print and plain colors
77c
REG. 98c RAYON FAILLE
Washable, plain colors only Buy now and Save! C
REG. 14.98 MISSES' ALL-WOOL SHORTIE
COATS
Boxy styles Don't miss this buy!
REG. 6.98 VESKET SUIT m
Gabardine, assorted colors, sizes 12 to 16 J.W
8.00
REG. 5.98 CHILDREN'S BROWN OXFORDS
Sizes 9 to 3 A Real Buy! 3.47
REG. 14.98 CHILDREN'S COATS
All wool assorted sizes and colors
11.00
2.47
REG. 2.98 SHORT LENGTH SLIPS
Sizes 32 to 40 Colors in pink and white only..
REG. 107.50 HOT WATER HEATER
Double element, 30 gal. size jT i3U
REG. 67.95 UPRIGHT VACUUM CLEANER
Supreme quality )f A nn
Come in today and see this value! 3 JLaQQ
DISCONTINUED LIGHT FIXTURES!
For all rooms of the house. Save up to 40 on these.
REG. 6.49 MARIPOSA POTTERY SET
Service for 20. A 77
A real buy!
REG. 2.98 COTTON AND RAYON BLOUSES
2.00
REG. 14.98 COWBOY BOOTS
Just a few pair left a real buy!
REG. 5.98 HOBNAIL SPREAD
Pastel colors for full sized bed
11.97
3.98
REG. 5.98 COTTON HOUSE DRESSES-
Mises and women's sizes See these Values! WsUU
REG. 16.98 TEEN AGE COATS flft
All wool, hooded styles just a few left! I I iUU
REG. $199.00 2-PC. LIVING ROOM SET
Wool Frieze covering. Blue, only one left- 149.77
BOYS' REG. 2.49 SPORT SHIRTS
Long sleeves, bright colored plaids
1.47
Variety of styles and colors and sizes
REG. 1.98 COTTAGE TYPE CURTAINS
45" Pebble dot with assorted color trim
1.47
MEN'S DRESS SHIRTS, REG. 2.49 QQ
Stripes and plain colors, sizes 1 4 to 1 7 1 170
REG. 117.50 ELECTRIC WATER HEATER
40 gal. double element. A real buy! 104.50
REG. 17.95 STOCKMAN .TROUSERS -
Military pinks, all wool 1
REG. 129.95 AUTOMATIC WATER HEATER
50 gal. electric double element 114.50
REG. 2.49 SPORT SHIRT
Prints and plaids.
Sanforized cotton, sizes 8 to 1 6
REG. 98c MEN'S GRIPPER SHORTS
Sizes from 30 to 40 Just a few left! .:
87c
OIL HEATERS, REG. 99.95
5 to 6 room size. A real buy!
1.47
REG. 1.98 NOVELTY PRISCILLAS
Snowy white marquisettes
with soft pastel accents! , !
77 .77
1.77
REG. 219.00 LIVING ROOM SUITE
2-pc. finished in blue velour. l0 77
By now and save! IOir.
REG. 59c BOYS' RIBBED "TEE" SHIRTS
Assorted colors, sizes S. M. I
47c
REG. 177.95 POWER LIGHT PLANT
350 Watt size, rope starter. A real buy! 94.50
LADIES' COMFORT SHOES Q
Reg. 6.98. Built in arch support black only 3
2-PIECE LIVING ROOM SUITE
Wool Frieze covering.
Rose and Grey to choose from .
REG. 35c ANKLETS
Assorted colors and
assorted sizes Stock up now!
MEN'S RAYON AND COTTON SOCKS
Reg. 29c. Elastic and long tops, all sizes
REG. 6.98 SADDLE PANTS
199.77
29c
25c
REG. 93c ALUMATONE GOLD FINISH PAINT
Ready mixed, V2 pint size.
Just the thing for touch up!
47c
ENAMEL TEA KETTLE, REG. 3.19
Best quality, white with red trim
2.98
Washable gabardine. Just a few pair left!..
REG. 1.29 BUTCHERS LINEN
Washable prints, 39" wide. Buy now and Save! OX
REG. 229.00 LIVING ROOM SUITE
2 Piece set finished in wool frieze.
Several colors to choose from
199.77
129.77
REG. 159.95 3-PC. BEDROOM SET
Walnut veneer,
beautiful Waterfall design
REG. 7.95 OFFICIAL GIRL SCOUT SHOES
White or brown, sizes 4'i to 9, Qv
See these Values today! 3 .7
LAWN SHEERS, BY-THE-YARD
Reg. 69c a yard, 36" material. Cool and Crisp!.... w C
REG. 21.95 PANEL BABY CRIB
Sturdy and strong, well built, a real buy!
REG. 69c SEERSUCKER
36" Easy to wash! Needs no ironing
REG. 5.69 CAMP COT
Handy for trips, use as an extra bed!
CARDIGAN SWEATERS, REG. 3.49
Carol Brent, oil wool, just a few sizes left!
REG. 62.50 DURASTAN WOOL RUG
Size 9x12. Assorted colors and patterns 47.88
ASK ABOUT WARDS CONVENIENT
2.69
REG. 77.50 STYLETONE RUGS CQ OO
Sizes 9x12. Assorted colors and patterns .V7.00
DIMITY PRINTS BY-TH-YARD
Reg. 59c a yard, wash fash, sheer, 36" 47C
REG. 28.95 STEEL SINK
42" left hand drain board 23.77
REG. 39.50 EVAPORATIVE COOLERS
Just the thing for these hot summer days 34.88
-50c
16.88
59c
4.95
2.00
REG. 1.98 CHOPPER MITT
First quality horsehide assorted sizes
REG. 3.98 MEN'S SPORT SHIRTS -
Washable! Long sleeves Just a few left 2.47
REG. 42.95 STEEL SINK CABINET
Modernize your kitchen with one of these!.. 37.77
REG. 34.95 9x12 LIVING ROOM RUG
Wool faced, fiber back. Floral patterns 19.97
REG. 1.59 BOYS' SPORT SHIRT
Assorted colors, short sleeves
1.37
REG. 4.98 BOYS' CORDS
Light colors, just a few pair left. Hurrv in! 3.00
REG. 79c CHILDS' KNIT SHIRTS
Assorted colors, stripes and plain. Sizes 1 to 4 69c
REG. 116.95 WASHING MACHINE
Deluxe model
Lovell wringer a reol Buy! .101.95
MONTHLY PAYMENT PLAN