Ptge 19 Section 1
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THE CPirl JOy?lNAL
If
, Stlem, Qfygon, Monday fcyr$cr 19, 1955
OlWoodburiioGrange Q
Has Dinner l'arty
WOODfijRN Social mecClig
o( Wot0urnrang s8hd
Thursday at the Program
in cos
54
I 2
vi 81
J4 "
Surge Brings Topo
Business Year
Wheat Under the Big Top
1956 Appears
(iood if Not
Heller "
Br L.A. BROPI1Y
NEW YORK I. The business
boom broke
scene like a
1955. There seems little doubt
I peeled to reach 44 billions, some
aSowo "ons more than in 1955.
r ai ill -11 iic-i big cA--c-.i--a w
continue to tall.
The way retail dealers are beef
ing aboill inventories of new auto
mobiles indicates a possible slow
down in that field, but sustained
consumer spending and increased
" It up the slack.
seems little doubt 'act. one set of.private econ-
that the massive economic forces omists. those of the Prudential In
set in motion will bring the same surance Co., predict that the gross
good times, or even better, in national product (the value of all
ci-j) goods and services) in 1956 will
The momentum to achieve this "st IS billion dollars over the rec
exRts in the economy now. Some;ord achieved in 1955.
j lie pai tern oi Dusiness lor ly .to
is roughly seen -as this:
Better than 1955 for the first six
months. A gradual slackening in
the last six months, but year's end
should tally up a higher score than
1955, due to the big gains of the
first six months.
The year 1955 was a whopper.
Gross national product at the end
of the year was right around the
400-billion mark.
The last peak in the nation's
economy was set in 1953. the
greatest boom year up to that
time. Gross national product was
365 billions in thai year. Last year
it was 360 billions: so it rose some
40 billions in 1955 as compared to
19.
Kmployment was the greatest in
f few areas of business may not
& quite keep up the tremendous
l? ! pace, but it is expected that the
; force of the complete economy will
JC' bring the overall record in 1956 up
ftp to or beyond that of 1955.
Y People remain in a mood to buy.
J j Business will spend more in the
fx new year than in the old to buy
Yi ' the new plants to satisfy this de-
mflnH fnvprnm'nl likplv will in.
crease its ourpourings of money
for goods and services.
Those are the factors that make
for prosperity.
Business entered 1955 on an up
swing from the 1953-54 recession.
The forward surge grew and the
year ended with the economy on
a peak never before attained in
the history of the nation.
ft is the rhythm of this contin
uous forward movement that in
dicates another great boom year
in 1956. For instance, -steel, basic
industry, is working at maximum
capacity now and finding it diffi
cult to meet the demand for its
products. Prospects assure the con
tinuation of such a pace at least
for the first three months of the
year.
Such Is the case in many of the
other key industries.
There may be ripples in the
rhythm in the coming year. Home
building may falter some, although
total construction outlays are ex-
included grou? singing of
jfls caroli, several skitt
tume, luncheon and dancing. Sev
eral visis were present.
Satuiay memb - th -hall
for ham dinftrJt tte hall e
with families as guests. Christ-
mas (tree program was presented
iolh gift exchnf0 Mi -
cannon wafcio $.-) 0
WalterWatkins
Funeral Held
JEFFERSON Funeral serv
ices for Ihc late Walter Watkins
was held in the Jefferson Chris
tian church last week. With
Rev. Mcllvcnna of Salem, Mcr
vin McGiil and Vern Gomez offi
ciating at the service. Burial
was in the Jefferson cemetery.
He was the son of Dennis and
Jemima Burch Watkins and was
hcrn March 29, 1883, on the old
family home on the Greens
Bridge road, where he spent his
enure inc.
He was married to Tessa Hale
August 22, 1MB, at Kings Valley,
who survives him. He was a re
tired farmer and a member of
the Jefferson Christian church.
Surviving are his widow, a
daughter, Mrs. Edwin Swartz of
Jefferson: sister, Mrs. Virgil
Weddle of Jefferson: niece, Mrs.
Harold Logsdon of Klamath
Falls. One brother and one sis
ter preceeded him in death.
if
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if
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51
is 551 ft
& w
H O -n
y o x
l l 2 2 iC fi,
x s a g
S a S S
IS i
Is
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" So'
y23 is
Shopping Tour
for Children
Dale Dorn, president of the Salem
Jaycces, said his organization is
one of the many Junior Chambers
of Commerce which will sponsor
i in; viii i-iiuna aiiuiiuix linn inr
. orphans and underprivileged chil-
dren this year.
T According to the president, the
public will be asked to donate small
it sums of money to provide a fund.
Then, shortly before Christmas.
Jaycee members will escort the
children on a shopping tour in
groups of four or five.
"in this way we will give Ihc
underprivileged children Ihe great
est gift of Christmas that of them-
it i selves being ahlc to give. The chil
T j dren can purchase gifts for whom
yft i ever they please."
J. The Jaycces slate that "one hun
VI, dred per cent of the amount do
Jd nated will be spent by the cliil
r. dren, under Jaycee supervision.
SiK I There -will be no administrative
J, costs involved in this program."
T The last day of the fund-raising
vft campaign will be Thursday. De
Ji comber 22. Anyone wishing to do
T nate to the project should send his
V ' contribution to Salem Junior Cham
5 1 ;ber of Commerce. Box 109, Salem.
ivw vr i irers
(.uidiiig Troop
The newly-elected officers of the
ninth grade U-oop of St. Joseph's
Pnrilh nritciHorl nem. - r.,n.l.nn
held Friday night at the home of
New ollicers are Ginger Rilev.
president: Peggy DeJardin. vice
president; Joan Weigel. secretary:
Painria I'nrein. treasurer: Juilv
XieUon. reporter and historian.
(Wiors present were Acnes lliseh
o!f. Mieila Caldwell, .Iwlv Woodrv
Hoberta Schlaceter. K a I h 1 e e n
Snnok. Susan llamstrcet. Jean
r.vans antl ratncia Vailwallader,
i ne irmip nuefl a basket for a
nc-idy family. Plans also were
mane in on r-pnKi,H n
ir -..niim IT-Vlll-
I Der a. aue r which thev will have
Vu fl Chnitmss r,rty al (he hoIr)e o(
- I jwmn r, ns.
c 1 Ks71ru,,;p,,:"nr:.ccm,!' d
,'. ! -
Yf DAJ.LAS WOMAN Vl.Kt'TKD
DAI.I.AS-Alra. Robert Blinker
was elected state s
O jj Women's State An
u J Oregon Asaiiciation
n
seerelary o( Ihe
Auxiliary ol ihe
o( tlliromai'.
tic Physicians at a meeting m
iPorrlmd Uec. 810. Dr. Bnnker
'was s4irn!llig Ihe 49th annual stale
rnnvpnl inn nf Iha O-'-nn liuvi.
IIUAwV -. -vf -f-- ' ur --JS i'"ii "i .iiini'iniiis; i ii.vi-ii. ifiii- ml
O ir-sir,-3H,r;v I the Benson hotel In Portland.
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history. Auto production hit eight i lions, greatest since 1950, when
million passenger cars, steel 116
million tons. Corporations earned
42 billions before taxes, a new'rec
ord. After taxes, they had 22 bil-
taxes were not so high.
It was a record of sustained eco
nomic activity never before
reached.
ST. JOSEPH, Mo. -Surplus wheat stored in tents five miles
south of here form a circus-like pattern. Each tent holds about
one million bushels. Tent at left is being filled from the
center outward by means of a ramp elevator. When tent is
filled hug zippers which form lines seen on tents are sealed
for protection against the weather. (AP Photofax)
CHRISTMAS TOY
. CLQSEOUT! 4
ENTIRE TOY STOCK
MARKED DOWN
2S
AT BOTH
236 N. COM! ST.
141 ALICE AVE.
GEORGE E.
OEORGE t
(AUEjjijgES
.LEN
STORES
DOWNTOWN
CANDALARIA
f(est
Trimmings to brighten his Christmas
HARROW-
from
i , it -
Shop Evenings
Until 9 p. m.
Now 'Til
Christmas
'II welcome whatever
you give him ...as long
as it's ARROW
for Christmas
Give him a present with a good-looking future-Arrow
Shirts, Sport Shirts, Ties, Handkerchiefs, Underwear.
All distinguished by famous Arrow tailoring that
makes Arrow first in fashion . . . first choice as a
Christmas gift. Sec our selection today.
Salem's largest Arrow Shirt stock. Shirt sizes 13'j to 20, sleeves 31 to 36.
Ai-i-rww liii-lc tne world's smartest new collar
IIUW OU11 l styics. -sanforized" (R).
Arrow Fancy Shirls
in neat -looking
smart new colors,
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Arrow Sport Shirls LrictX86 hishs,yle
l.,,,hW l1,.,,. made to drape smoothly: resist
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Arrow lf-iiiflL-prfilif-fa des'Rned in biK mm-size;
YIIOW IiailUKtltllltlS white, border, initial styles
Arrow Uiulerwear" s,5led for alUround
3.93
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5.00
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up
up
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if'i t(W ct...
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iri a gift certificate for any selection from $1.00
la ikf Fritndty'Capifdl ShMpiitfl Cwtw
WktfiThWf UU fr!FAlttW6l (
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