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About Brookings-Harbor pilot. (Brookings, Curry County, Oregon) 1946-1978 | View Entire Issue (Jan. 3, 1957)
Brookings-Harbor Pilot Business forecast. . . <( o n tiniu-'J from E iont l*;ig< ) “ fringes.” 9 Europe mu t pa., so much for oil th at it will have less money fo r purchasing other goods. t®» »expected events Will « r d u n n g 1951, how ever, as a whole, business will rem ain fair, b u t w ith sm aller profits. Ed Dempsey Heart Sunday Chairman Of Brookings Heart Fund Drive speculation. s ( MARKET OUTLOOK Brookings Items Th • Mis ,«•» Elsie and Evie Ros enthal, opai alors of a private mu •.cry school in Sunnyvale, Cali- fornia. w ith their m other Mr« . Brookings, Oregon N.R.C.A. Approves Brookings Spot A ppointm ent of C. Edw ard H eart S unday cam paign in Ck«w4t t , Di ?mpsey ot Brookings as H eart ings on February w hen »»mil«« J u lie t R osen th al w ere quests th is I l u ‘J “ 1 m a,,o n of f ,local Credit g un Jav chairm an for the O regon efforts w ill be mad, » m e .e tt .,n w eek of Mi inttay ’„id Mrs C Ed r ^ w i i " Brookings and at 31. jt ¡s foolish for a n y o n e . to , H eart *a rt A ssociation's 1957 fund-rais. 50 Oregon cities h, t o w o 1 and tMnowe« " Gold Beach has been approved by now t•>I<•«•«• * • in .tuck m arket for ing caiI,i a i i i ha been announced a p m., folltm tng o m , ìn-.,«\u »4 ' the .............. National Retail C redit Assoc- • o v -ttl G o t d o n 1. Foster and iation, according to Mr. L. S. 1957. The Dow Jo n e s Industrial by by Mrs, E ricks Mrs. Forrest Forrest Erickson of Esta Sund.i\ uhm «infi > tuo* h »• ■ - * >. » « " ,f; of F a u .lu ld Au Force Base Crow der, m anager at the national Average, now around 490, may de- Cada, past president of tin Ameri VoluMCTt ;4!C t*. . • $ •” '-p. s ou w 4' hmgton s p lit the office in St. Louis, Missouri. The cline to 400 or advance to 600 can Legion A uxiliary, Oregon de n„w f »? ihc d.hM <.* a. r.u«, »,a y a-, holidays with G ordon's Credit Bureau of C u rrty County, during 1957. partm ent, who is state Heart Sun MONEY OUTLOOK tion cttm axluc thè M»|l « m s 1 a ' ' l! M «' A lvin F oster, w ith offices in the Johnson-H urst 32 All investors will w ant day chairm an. H«*.u 1 Fluid •naiU Ge d.>n m i! i,p o ii .,{ a base hos- building, was nam ed as the local 11. As foreign countries m ust “safety.” but wise investors will Mr. Dempsey will direct the c itila Ih r t Mietile e t cl pita; nt G^altfoim.« December 31, service agency. pay ¡n gold or dollars for oil, their first decide w hether they also Will sigila! (he G a it M (h«s t\*o» hr taking treatm ents for The N.R.C.A represents over ind u stries will be handicapped, w ant “incom e” or "p ro fit”. Only need This w ou]d m akc unncVes- hour door >d«*»i , am pai£ii and h p u ,fe will rem ain 50 00° credit granting business unem ploym ent will increase, and by lin k can you obtain al! three sary any expropriation of the rich "T his H eart Sunday a c tiftty i> at th e baste, home until his re- and professional firm s in the pressure for aid from thclU n ited features w ith certainty d uring M iddle Last oil reserves and any U nited States and Canada. 1000 the p rim e effo rt of (he lira« ! b a s e h o rn the h ospital. S tates will be greater. 1957. renegotiations. E ith er expropria Fund camp.» gn m 0iv-.;,m ' Mt Mi and Mrs Marion Foster and local Credit Associations have 12. The F ederal Reserve Board 33. Investors can buy, during tions or renegotiations will scare w’ill not relax its restrictions so 1957. well-seasoned p r e f e rr e d our inpestors out of m aking fur Dempsey s.ud, “and I .on conit lauuly of Florence and Mr. and been organized and approved by dent, too, th a t the people of R rook M is* Calvin Foster and son of the N ational U nit for the purposes long as we have full em ploym ent t o c k : (preferably cum ulative) ther foreign investm ents, ings will welcome these volun G ram - Pass spent part of the holi- of protecting the credit g ran ter in the U nited States; but if un which w ill give, w ith safety, a , 47. The big th in g that Russia teers who are giving unselfishly days w ith th e ir parents, Mr. and in terests nationw ide. The N.R.C.- em ploym ent increases we may ex list of such to any reader so re- w ants is not so much the oil of their tim e and efforts. Mrs A. O. Foster. A. furnishes credit educational pect a relaxation. I am very glad questing. fields as freedom to pass through Gene Richards, now in the U. S. m aterial, organizes credit classes Mr. Dempsey has taken an act Mr. Robert C utler will again be 34. D uring 1957 good utility the D ardanelles. T his will be an ive p art in many civic activities N„ spent C hristm as w ith his par- for office personnel and devotes Mr. E isenhow er’s adviser. stocks should be attractiv e for im portant featu re of a settlem ent ents, Mr. and Mrs. A lbert Rich- its tin»® to the furthering of the 13. Owing to the trem endous yield and m arketability. The de of the Suez C anal problem . I fur including the Masonic Lodge, the ards. re tu rn in g to his base S atur. best interests of credit granting Elks club. Rotary club, and the num bers of employees, suppliers, mand for electricity will continue ther forecast th at the Republic of day night. He expects to be sent business and professional firms. Cham ber of Commerce. and retailers dependent upon the to increase throught 1957. Panam a wil lattem p t to undo the in the Spring- A local C redit Association will large corporations, these will be He pointed out that funds d e X. ‘ I ? E ^ h , .M o®reJ eft th e p a st be organized shortly after the 35 The above two recommen- “ste al” w’hieh we perpetrated in first to receive bank funds. dations. apply to those in m oder 1904, in ord er to build the Pan rived from the Heart Sunday cam week tor O akland, Oregon w here holiday season in both Brookings 14. Many, plans for expansion ate income tax brackets. The in ama Canal. paign are used to finance the O re-' she will visit her neice for several and in Gold Beach, and regular of plants, by both big business vestor in medium or high brae- gon H eart Association's research weeks 48. I would be unfair to rea d m eetings presided o ver by local and little business, will be post- kets wiU buy during 1957 non- Mrs. Eva Lea Long and Mrs ers of this Forecast not to men and education program s. The O re officers will be commenced. poned. Most corporations will find gon H eart Association has alloca C lara K erns retu rn ed T hursday .... . . taxable state, municipal, or town y on t^ e great im portance of Mr. it d.ffieult to get new short-term ^ „ ,1 , , , , rrying “ full faith amt Elsl.„how c, , s hcalth c„nnel, ted $30,000 for research in Oregon from K lam ath county. Mrs Long m oney ,,! i n , price to quantity; crK l|,- . Tax«-» will gradually to- Uon w lth buildm g, business, during the coming year, including visited her son at M errill and Mrs Bcf f)cMuss- A large group of friends and w hile long-trm financing will be crpa5e d urlng 1957, and non-tax-; ¡„v e alm « « . or o th er program , it projects at the U niversity of O re K erns w ith her daughter, Mrs. ' oo exp en s ve. , a ble bonds will he m ore in de- sdould be continually kept m ’ in ■' gon Medit d School, Reed college Rolf Johi on .',nd oth Z r'relaU ?^ Parents of the Baptist church S un. and the U niversity of P ortland. Mr. and Mrs. C larence Dial da>' scht>o1 enjoyed th e children's 15. T ight money will cause m and from wise investors. mind. Mrs. Erickson said the state w ere __________ in P ortland visiting state, m unicipal, and town gov 36. I am now prepared to ad- ___* relatives C hristnias Program S unday even- ernm ent» to postpone plans foi vise readers who do not care for 49. B etter fed and more intel- com m ittee is “deeply g rateful to Mr. and Mrs. W alter Wollam re- ,n ."' Bocember 23. The Sunday building roads, schools, and ho-- income, but only for profit. As ligent populations, both in the Mr. Dempsey for accepting this tu rn ed Sunday from Azuza, Cali- 1 l<>° te«ichers had w orked hard pitals except in cases w here the above stated, the Dow’Jo n e s In- United States and elsew here, wil! sizeable ta sk ” and urged the peo- fornia after spending C hristm as T youngsters to perform Federal G overnm ent pays most of dustrial Average may approach, continue to increase. Im portant pje Of Brookings to "join this w ith th eir son and family. H OIe an au d ’ence. T reats w ere the costs. This w ill put a dam per during 1957, either 400 or 600. It discoveries and inventions great volunteer arm y dedicated to Mr. and Mrs. Harold Cooper l'n to children present, on many lines of business. w ill be very easy to m ake a mis- W1" tak e place. T w enty years ago the fight against h eart disease.” en tertain ed a group of friends at ^*r ’ and Mrs. W estly Kindel cards T hursday evening and d a u 8hter, Jacqueline, return- 19. Owing to th e « , Increased take by eith er buying or tolling « w ere enjoying th e prosperity Mr. and Mrs. Pete L esm iester ed . from a ,weck Los Angeles , money rates, states, municipal, stocks at this time, except for in- -v ‘ ’ *La spent the holidays w ith th e ir V tU.1g relat,v es» in tim e for and town bonds, although tax telligent switches. I am w illing to ” the M otor Car and , free, , have . been declining i i - t rapidly i eiv hnwover tin a t i renders Eras which we d au g h ter in Fresno, California. say, nowever, m r t a r n r s should snoum i have « u recently • i .. T g-, . .. , , „ Mr- and Mrs. Jo h n Hogan, for- n e t o J2el e t n pamexy a n i e k v ann ind sell in price. Most i financial 1 1 advisers no‘ s m their i n t i r oils oils. bcen enjoying, n plus a rr,v. Chemical M.SS Joy G ott. L .n f,e|d college, m cr rcsidents o, Brookings. b u t , forecast . much . . lower prices . , for v E , vin r’ . t.if n il w hich hns the and Building Boom. These corn- n u l l n u , w n u n nas m i u M cM innville, Miss Joyce Wash- reccn tiy 0( S anta C ruz, California such securities. It is possible that largest interests in the very rich i° rt the ffreat burn. Southern College at Ash have retu rn ed here and may plan th e postponem ent of such build- Middle East fields, should not be ¡,1 V a rs ’ land, Ralph Engle, W illam ette U to heside here again as they have ; _ , , i u n snirt Som etim e we w ill w itness a busi- ing plans may so jiirm ntsh de- sold. investors w ill ness readjustm ent, but it will be of Salem and G ene Weeks, Ore- p ro p erty here m and for such money that these All sensible investors win f ,, , , gon S tate w ere all spending the M r and Mrs sta n l Patterson non-taxable bonds will sell at carry good bank balances and re , • 1 " u and en tertain ed Mr. and Mrs. G ilbert higher price, before the year is serves d u rin g 1957 so as not to be N uclear Era. T herefore, be opto- A bafay was born to Joyce holidays w ith th e ir parents. Miss Rachell W oodward of Bell- C hristensen and daughters, Mar- out. This postponement may also caught, w hatever happens. ; ‘ • and Phillips on D ecem ber ingham , W ashington, Miss Ruth> jorie and Sue, and th e ir m arried reduce the price of steel and 38. T here should be no panic in 50. In closing, I urge my 28 at th e Seaside hospital Dr W oodward of Casteline, Califor- daughter, Jan ice and h e r husband other m aterials. ’he stock m arket d uring 1957. friends to read th e 8th C hapter Ronniger was in attendance ’ nia and brother, T errel, and his Alvin, and his g randparents, Mr. 17. The money m anagers for Stories will eith er fluctuate near of the Bible Book D euteronom y, • * . each corporation,’ large and small, th e ir present levels or else will which was w ritten 3,000 years A baby girI was born to Betty w ife of Coquille w ere Christm as and Mrs. H. B aker of Crescent guests at the hom e of th eir sister CitA at C hristm as dinner, w ill now arrange their financing cra d u al’v slide dow nw ard or up ago and is as applicable today as ! and W illiam Schaefer, also on and brother-in-law, Mr. and Mrs. M arjorie C hristian and Kim needs for two years by either se- ward. It will be rlskv to borrow ever. Incidentally, it m entions Eg- December 28, at the Seaside hos- Wallom, students at Milo Acad- euring g thi the necessary funds now or money to buy stocks in 1957; ypt, which even then was an im- pital. Dr. Ronniger w as in Attend — — K E E P OREGON GREEN err>y near Roseburg w ere home reducing I rath er, one might sell stocks to p o rtan t factor in world events. ’inft th eir requests. ance. i for the holidays. 18. Prices of corporation bonds 8et ol*t °f debt. will not recover so quickly as the 39. The way to make money in non taxables. I forecast low er the stock m arket is: (1) Confine prices for most corporation bonds. y °u r purchases to the stbeks of 19 Many of the sm aller and ’he ,ead in « com panies in each in new er cori'orations will be much dustry. (2) Diversify m oderately disappointed by their inability to and do not try to nick out w inners that, w t hether , you secure funds during 1957, except . rem em bering ,, . bv selling c o n v ertib .. i , le p re fe t rre d buy or sell, someone as . . , (probably . stocks on term s very favorable to sm art as you) is doing the op • investors. It is well to issue such nosite at the same time (3) Store securities when money rates are up cash when most people are In order to bring the n ew s and a d v e r tisin g to you , th e p u b lic, on tim e and o f th e b est q u a lity low because the advantages con bullish; use this cash to buy stocks when most people are b ear tin u e for many years; but not ish. p o ssib le , W e m ust h a v e d e a d lin e s on g e ttin g th e se item s in to th e P ilo t o f fic e . W e ask you w hen money is tight, as such se 40. We are no longer on the c u rities then tie up the borrow er Gold S tandard but on a Political to start th e N ew Y ear out by h e lp in g us by a b id in g b y th e fo llo w in g : for a long num ber of years at S tandard. Although the Law of high rates. Action and Reaction will ultim ate 20. This means that 1957 will ly rul<v, yet periods of prosperity be a Rood year for investors to can artificially be extended by sw itch from low yielding stocks to | m anipulating money rates, sub a ttra c tiv e bond issues sidies, and other financial props. 41. Every read er should have a REAL ESTATE OUTLOOK little stock in one of the local 21. Home building, corporate banks in which he has his account expansion, and m unicipal im Bank stocks should m ake money provem ents will «leeline in 1957. during 1957. w hatever the “blue Therefore, it will not be a good chips” do. y ear for speculating in real estate. INTERN \T IO N AL 22 Interest rates on m ortgages AND w ill be higher in 1957. Ixtans not A n y item s r e ce iv ed ea rlier th a n this tim e w ill h elp out g r e a tly . C all 3 7 2 5 or brin g your n e w s “ federally" guaranteed will re OTHER A IE A IR S quin* larger margins. item s to th e P ilot O ffic e as so o n as p o ssib le . 42 D uring 1957 the A dm inistra 23. Real estate in large cities w ill continue inactive w ith declin tion will do everything possible ing prices due to lack of parking to keep u p out of war. It certain ly will not get 11s involved w ith facilities. England, F rance, Israel, or their 24 S uburban real estate will allies. continue active, but few er new 43 So long as President Eisen houses will be built. Houses will how er is in good physical condi be for sale by executives who tion (as Com mander-in-Chief), he have lost their well paid jobs. will back the United Nations w ith 25 P urchasers will give more our Army, Navy, and Air Force. attention to the size of the lots This is the only way in which he than to the houses B etter loca, will be tem pted ever to en ter tions can lx* secured bv buying World W ar III e x is tin g houses M odern K itch en s 44 The United States w ill not w ill b eio m e a “m u s t'' use the A Bomb or H Bomb dur- 26 Acreage near proposed shop ing 1957 or give these bombs to A d s 1 p a g e or larger sh ou ld be in on th e T h u rsd a y or F rid ay o f the w e e k p r e c e d in g th is d e a d p ing centers will be execellent for an yother nation However, to siieculatioii The autom obile will save the United Nations, Presi- lin e. Y our c o o p e r a tio n on th is w ill be a b ig h elp . C la ssifie d a d s sh ou ld be in by M on d ay at 5 continue to raise hav o c w ith real dent Eisenhower will give that estate prices, helping ome loea organization all the bombs it p.m . to g e t on th e c la s s ifie d p a g e. C la ssifie d ads in a fte r th at tim e w ill be T o o L ate to C la ssify w ants, tions and hurting others 45. 1957 should be a good y ear 27 New inventions n connec But w ill be ta k en for that w e e k until th e reg u la r d e a d lin e o f T u esd a y N oon. tion w ith heating lighting, and to m ake tax exem pt gifts to col- other features will make most Ir^S's. hospitals, and other w orthy causes You, how ever, should give older houses obsolete. 28 Iatrge com m e r c i a 1 farms a stock which shows you a profit, and let the beneficiary do the sel 28 I u rg e Commerical f a r m s ling 1957 should be an especially w ill continue prosperous Small good year for such institutions to farm s on the fringes of eitie-. will m ake drives for funds. be m ore valuable The outlying 46 Householders will avoid m edium sized farm s will be both expensive to operate and hard to m aking unneeesary purchases on O C R R E S O L U T IO N — A B ig g e r and B etter N e w sp a p e r for th e B ro o k in g s-H a rb o r A rea installm ents until the in tern atio n sell al situation clears. Several feasi 29 The nearness to schmils, ble plans are being considered, churches, stores, and bus routes one of w hich is to have a very w ill become a m ore im portant far small tax on every gallon of oil tor in the re sa le of homes. moving through the C anal w ith 30, Those w ishing to own a the u nderstanding th at the money w ell located home to (X'cupy will will be used for financing the find 1957 a food year to buy or G reat Dam on the Nile River build, but a dangerous year for which the E gyptians so m uch WE MUST HAVE DEADLINES NEWS DEADLINE All News Must Be in the Office By 10:00 a.m. on Wednesdays AD DEADLINE All Advertisements Must Be in the*Office By 12:00 Noon on Tuesdays THANK YOU BROOKINGS - HARBOR PILOT