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About The news-review. (Roseburg, Or.) 1948-1994 | View Entire Issue (Feb. 28, 1950)
Business Failures Greatest On Shoestring Starts. Search For New Investment Falters fly SAM DAWSON NEW YORK-4.P) Th business birth rati U falling. IU death rate it rising. There are about 60,000 fewer firma operating today than a year ago, according to the Department of Commerce. As a result, it aaya, "new capital expenditures by new firms have shrunk considerably in the past few years and this has been an important element in the weakening of aggregate business demand for new investment." I Too, the use of discontinuances. the department notes, "has result ed in an increasing stock of ctni- : tal goods in the form of used plant ana a plant and equipment avail i able for new businesses." Failures have been the greatest 'among the postwar firms that started up on a shoestring. Retail ; stores have had the sharpest in crease in the number of bank' ruptcies. Failures account for only a fraction of discontinuances. Many more business firms fold up quiet- i they fail to make money, and leave no line of wailing creditors. Normalcy Return Indicated I The rising trend of business shut-downs, most observers say, isn't dangerous yet. Rather, it marks the end of the postwar ex- pansion period and the return to normally intense competition. And lone of the facts about free enter- Crise and competition is that some usinesses will prosper and some will fail. At the same time, the rate of new businesses starting up has been falling since 1948. That was j the year of greatest optimism among the multitude who tire of ' being bossed and dream of ha i ing "a little busines sol my own " SERVICE PROMPT, EFFICIENT Men's, Wemtn's Childrtn'i . . . Alterations Remodeling Open Doily 9 - 5 Mrs. Lerene Ashman Valley Tailors 129 N. Jackson (Over RexalJ Drug) Model Railroading for Father and Son Hav you awn railroad In your baiement, attic or ipara corner. It'e inexpensive to build . . . and toada of fun to run! Stop in today . . we're open from a, in. to 9:30 p. m. LESTER'S Gift and Model Shop 337 N. Jackson Phone S34-J NEW LOCATION! Dr. H. B. Soofleld Palmer Chiropractor Rifle Range Road 710 ml. North of County Shope OMc Hoan 10-11 and a-S aturU 10-11 A. H . X-rar nuro-clomtar MnrtM for iplnal corrocttea. Truck and Auto Repairing Transmissions, motors and rear axle assemblies for ' tale. Truck parts bought and sold. WELDING - All Work Guaranteed - RAY'S TRUCK SHOP 205S N. Stephens Phone 499-J-4 HAVE IT MADE FOR YOUR HOME! Don't look for Just any kind of doors, windows or sash, -Add distinction to your home with custom made goods. The beauty Is high, the cost low. Remember custom made goods sre made Just for your home and your comfort. Come in and discuss your problem with us today. Frames Sash Doors Custom Planed Lumber Windows Cabinets NELSON AND PYLE WOODWORKING CO. Phone 1242.J Mill and Mother Where Prices Are More Than Reasonable mm, 15 VITAMIN P Roseburg Dairy milk is your complete food Drink milk, the only perfect food. Use il in cooking. Every delicious ounce contains vitamins, proteins and minerals. There's no better way to good health. ROSEBURG DAIRY PHONE S3 MARKETS PKODUCI PORTLAND, Feb. 28. (P BUTTERFAT Tentative, subject to immediate change: Premium quality, maximum to .35 to 1 per cent acidity delivered in Portland, 6548c lb.; first quality, 6366c; sec ond quality, 61 -64c. Valley routes and country points 2c less than first. BUTTE R-Wholesale f. 0. b. bulk cubes to wholesalers: Grade A A, 93 score, 84c lb.; A, 92 score, 62c; B, 80 score, 81c; C, 89 score, 60c. Above prices are strictly nominal. CHEESE Selling price to Port land wholesalers: Oregon singles, 39-42C lb.; Oregon 5-lb. loaf, 44 W- 45c lb. EGGS To wholesalers: A grade, large, 41-42ijc dot.; A grade, me dium, 40-40VM; B grade large, 36 37c dot. LIVESTOCK PORTLAND, Feb. 27.-UP) (USD A) CATTLE: Market active, generally 50 cents higher; some beef cows 1.00 higher but cutters slow late; several loads good fed steers 26.00-27.00, including 1193 lb. weights at 27.00; medium grades 23.50-25.00; common downward to 19.00; load good 710 lb. feeder steers 25.00; short load medium good fed heifers 24.50; bulk medium grades 21.00-24.00; common beifere down to 16.50; cutter dairy type down to 15.00 or below; canner-cut-ter cows largely 13.50-15.00; shells down to 11.00 or below; fat dairy type cows slow but heavy Holsteins of common grade up to 16.00-17.00 early; medium beef cows 18.00 19.50; load low good 1134 lb. cows 20.00; lighter weights to 21.00; good beef bulls 20.50-21.50; common-medium sausage bulls mostly 16.50 19.50. CALVES: Mostly 1.00 higher; good vealers 27.00-30.00; odd choice 31.00-32.00; common downward to 15.00. HOGS: Market active, fully steady; good-choice 180-235 lbs. 19.00-50 ; 26 head choice 206 lbs. 19.65; 250-290 lbs. 17.50-18.00; 150 170 lbs. 17.50-50; good 350-550 lb. sows 14.50-15.50; lighter weights up to 16.00; few good-choice feeder pigs 17.50-18.00; 1 lot choice around 90 lbs. held at 18.50. SHEEP: Market steady; good choice 90-102 lb. fed lambs 22.50 23.00; common-medium 19.00-21.50; good ewes up 11.00; medium-good slaughter bucks 7.00-9.00 with 1.00 dork. LIVE CHICKENS (No. 1 quality, f. o. b. plants): Broilers, under 2 lbs., nominal; fryers, 2-3 lbs., 26 28c; 3-4 lbs., 28c; roasters, 4 ibs. and over, 30c; light hens under 4 lbs., 1518c; over 4 lbs., 17c; heavy hens, all weights, 21c; old roosters, all weights, 13-14c. TURKEYS Net to growers: Toms, 30-31c lb.; hens, 44c. RABBITS (Average to grow ers): Live white, 4-5 lbs.. 17-20C lb.; 5-6 lbs., 15-18c; colored, 2 cents lower; old or heavy does and bucks, 8-12c lb.; fresh dressed Idaho fry ers, 40c lb.; locals 48-52c. FRESH DRES-SED MEATS (wholesalers to retailers, dollars per cwt.): BEEF Steers, good, 500-800 lbs., $39-43; commercial, (38-41; utility, $35-38; cows, commercial, $34-37; utility. $32-34; canner-cutters, $30 32. ' - BEEF CUTS (Good steers): Hind quarters, $46-49: rounds. $45- 48; full loins, trimmed ,$60-66; Iri agles, $38-40; square chucks, $42- 46; ribs, $53-58; torequarters, $37 40. VEAL AND CALF Good, $46 48; commercial, $39-46. LAMBS: Good-choice spring lambs, $43-46; commercial, $41-43; utility, $36-38. MUTTON Good, 70 ibs., down, $26-28. PORK CUTS Loins, No. 1, S-U lbs., $46-48; shoulders, 16 lbs. down, $34-35; spareribs, $47-50; carcasses, 120-170 lbs., $27-28; mixed weights $1 lower. WOOL: Coarse, valley medium grades, 45c lb. MOHAIR Nominally 25c lb. on Last year 45 per cent fewer busi .lesses were incorporated than in 1946. As a result of fewer starts, and more stops, the business population has dropped its peak of 3.967,000 in 1948 to around 3,900,000 now. It is still 18 per cent higher than in 1939. So far this year, Dun & Brad street reports, failures average slightly more than 200 a week, compared with around 150 a week at the start of 1949, and only 87 a week in the same period of 1948. But in 1939 they were closer to 300 a week. Failures have been running at the rate of about one to every five thousand concerns in operation. In 1948 failures numbered one to every 9,000 going concerns. But in 1939 one firm out of every 2,500 failed. The commerce department re ports that in each of the major in dustry divisions more firms were discontinued last year than were formed. Although retail trade showed the greatest increase in the number of failures, the birth rate of new stores also continued high. As a re sult, the number in operation drop- pea only 1.6 per cent auring 1949. Swthbound? NwA0l it ,1m SAN FRANCISCO $7M eOUHS TBIf S1I.7S I LOS ANGELES HI 75 BOUNB Ttlf S1I.IS 11 1 tiu ld Tm Ttere ilre Jfe twr hml srr 144 u. !'., H. IHrUJIMH'MI Conservative Paptrs Add Election Comment LONDON, Feb. 27 "Well, T ly're In But 'or How Long?" The Conservative London Daily Mail carried that top headline Sat urday over the story of the La--ites' r .tow win in Thursday'a election. The Conservative Daily Graph ic's banner waa one word "Stale mate." The Independent Times, unruffled aa usual, carried a two column t ;ad on its main news page num ber six. It observed quietly, "Narrow Margin For Labor." 12-month growth. COUNTRY KILLED MEATS: VEAL: Top quality. 38-41C lb.: other gradea according to weight- quality with lighter or heavier 32- 34c. HOGS: Light blockers. 24-26C lb.: sows, 18-22c. LAMBS: Too quality SDriniers. 40-42c lb.; mutton, 16-20c. beef: Good cows, 27-32C lb.: canners-cutters, 24-26c. ONIONS: Supply moderate, mar ket dull; Ore. yellows, No. 1, me dium, $1.40-50; large, $1.75-2.00: 10 lbs., 25-27c; boilers, 10 lbs., 23-25c; onion sets, Oregon yellow, 50 lbs., $5.00-50. POTATOES: Ore. Deschutes Rus sets, No. 1A, $3.20-35; No. 2, 50 lbs., $1.30-35 : 25 lbs., 90c-$1.00; 15 lbs., 63-65C. Wash. Netted Gems, No. 1A, $3.15-30; 25 lbs., 80-85c; 15 lbs., 60 62c; No. 2, $1.15-25; large bakers, $3.85-4.00; new potatoes, Fla. Tri umphs, site A, $3.00-25; size B, $2.40-50. HAY: New crop, stack bales. U. S. No. 2 green alfalfa, truck or car lots f. o. b. Portland or Puget Sound markets, $33.50-41.00 ton; U. S. No. 1 mixed timothy. $44 ton: new croD oats and vetch mixed hay or uncer- tmed clover nay, nominally $25 28, depending on quality and' loca tion, baled on Willamette valley farms. , HLJINKS Gen. Vaughan Is Lampooned NEW YORK. Feb. 28. (.V) MaJ. Gen Harry Vaughan, Presi dent Truman's military aide, 'took ' on the chin here during some hl-jinks at the Circus Saints and S nners club. As guest of honor Friday, he was introduced aa the man "who, if thrown into the lions' den, the audience would root for the lions." Then he watched himself lam pooned in a aeries of skits by the writers, actors, editors and busi nessmen who make up the club. In one skit the well-medaled gen e il waa shown 'n pajamas, getting ready for bed. On the pa jama tops were all his decorations in neon lights. In another act. President Tru man waa depicted dancing with a young beauty, "Vaughan" dashes up cuts, in, and dances away with his loss. Vaughan went along with the gags, however, and didn't flinch at a reference to the Congression al furore last fall when he was involved in the gift of several deep-freeiers to high government oftici-ls. kughan put on one little act of bis own "e produced an old-fashioned ice box and presented it with cere mony to club President Harold G. Hoffman, former governor of New Jersey. ' WILDLIFE MOVIES DATED The Umpqua School association will meet at the Umpqua school Friday night, Mar. 3, at 8 o'clock. Ken Gilkeson of Roseburg will show movies of Oregon wildlife. Sandwiches and coffee will be served. The public is invited. False Commie Label Libelous, Court Decision CLEVELAND, Feb. 28.-PFor the first time, an Ohio court of ap peals has held that it is libelous to falsely publish that a person is a Communist. Other courts previously bad. umiucu auwn ftiiuuar rulings. The decision yesterday was in the case of Courtney D. Ward, an AFL labor official here, who had sued the league for justice and its head, John P. Moran, for $100, 000. Ward, who is secretary of the Painters' district council No. 8, contended in the common pleas court action that he had been false ly labeled a Communist in a pub lication put out by the league. He denied being a Communist and said he had never belonged to the party. But the court upheld the defense's contention that he did not have cause for action. , The appeals court, however, re versed the decision and ordered that the case be tried again. In a unanimous. opinion it held: ". . . the published words, if believed, would naturally tend to expose the plaintiff ... to public hatred, contempt and ridicule, and deprive him of the benefita of pub lic confidence and social inter course. , ." Tuts., Feb. 28, 1930 The News-Review, Roseburg, On. 7 Chinese Reds Claim Island Ntar Formosa TAIPEI. Formosa, Feb. 28. (. The defense ministry announced Red forces had landed on the is land of Namoa, 190 miles from Formosa. Red broadcasts said Namoa had fallen to the Communists. Nationalist statementa did not go this far. They said the island was defended only by minor forces. Namoa, about 30 square miles in area, has been an important supply base for Nationalist China guerrillas in Fukien and Kwang tung provinces. It is also guardian of the Communist port of Swstow, 200 miles east northeast of British Hong Kong. $5000.00 Polio insurance for each mambtr of family. $9.00 annually. Iwiineu Man's Assurance Ce. E. V. Lincoln, Aat. Ph. 938-J-4 Personal Property Assessment Return Forms Out In Assessor's Office on or before March 2nd NED DIXON County Assessor COFFEE PRICES UPPED NEW YORK, Feb. 28.-UB-Great Atlantic and Pacific Tea Co. increased prices of its nationally advertised brands of bagged packed coffee four cents a pound effective Monday. The price advanced by A. & P. was reported to reflect current high replacement costs of green coffees. Suit Yourself at Joe Richards SAWDUST SLABWOOD PLANER ENDS DENN-GERRETSEN CO. Phone 128 402 W. Oak sens T m sTi i" f irraa U nited Petroleum Fuel oils burn Prompt Metered Service of Superior Stove and Diesel Oils CLEAN HOT With a minimum waste PHONE t66 United (kM' PETROLEUM CO. Warning ST w aPackfc, fas gas-mkage c6atftnay mak you unhappy GAS ECONOMY REPORT Covering highway performance of the new 135-HP Packard Eight, with overdrive.t Based on reports from more than 1,000 owners. PCRCCNTAGC of owntes REPOOTINO f ACM FISU0.I III COAQ MILES 111 ffC GALLON Il 22 andover SJJJJJJBJJJJBI 77, I 18 aalHBMHHBH ll I 17 sjjBBejJJsHBBBBIl 13 H Oplionmt, mcitrmi txtt to, i Notice, in the chart above: The most frequently mentioned figure is 19 highway miles per gallon! And 33 of the owners report even more than 19! Amazing? It's the thrift sensation of the fine car field. Remember: We're not talking about a lightly built, low-powered car. We're talking about a car that gives you the spectacular performance of 135-horsepower straight-eight engine . . , and the incomparable safety and comfort of two husky tons of precision-built roadweighe And the economy lasts, and lasts. Durability fact: Of all the Packards built, since 1899, over 50 are still in service. And the 1950 Packard is the most durable one of them all! Packard m-Hr IIGHT 150 HP SUPCS 10 MP CUSTOM ASK THI MAN WHO OWNS ONI Comtin-tyif'! PACKARD ULTRAMATiC VRJVE Available now, a( reduced extra cost, on oil models! Price news, tool You can buy s new 1950 Packard Eight 135-HP, 6-passen. ger dub Sedan, for only $253728' i 'Delivered here state and local taxes, if any, and white sidewalls ($21), extra Prices may vary slightly in adjoining areas because of transportation charges. Prices Include: Fender shields, direction signals, deluxe wheel, automatic courtesy and trunk lights, electric clock . many other extras. BACKUS Highway 99 North at Garden Valley Road Phone 1354
