ONLY NEWSPAPER IN B E A V E R T O N . P U B L I S H E D W E E K L Y IN O U R P L A N T O N V< )L. 15, NO. 48 Beaverton, Oregon, Babson's Business And Financial Outlook For Year of 1943 T h u m b n a il Outlook for 1943 1. lutul Uu,im ,s: Defense pro duction will be up shaiply <pius ¡>0%); non-defense dow n sharp ly (minus 33'!^), accompanied by a drastic standardization of pro ducts. 2. Employment: The above also applies to employment, if we do not include the armed forces. 3. Farm Income: Will be up 5r{ in 1943 over 1942. 4. Dividends ■■nd Business tu rn ings: Have passed their peaks and will be lower in 1943 than in 1942. 5. Labor: There will be practic ally no stiikes until the end of the W a r and wages will gradu ally become stabilized. «. Commodity Prices: W ill stren gthen somewhat, especially the prices of manufactured goods. Commodity price indexes will in dicate far less than the actual advance. 7. Tuxes: Will be felt severely, especially by the white-collar group who can expect no pay increases. 4. Ketail Trade: Will be 12G off in physical volume in 1943 com pared with 1942. 9. High-grade Bonds: Should decline, but good Stocks should sell higher. 10. Creeping Inflation: Will con- I tlnue throughout 1943. Bubson Park., Jan. 1—Events are moving at breath-taking speed. N ev er before has the world been in the midst of such a far-reaching tur moil. Within the next hour neiVs might break that will change the whole course of history:. Neverthe less, it is vitally important to keep your perspective. To change your business or investment program with every piece of war news is utmost folly A good example of thie was portrayed when the United States opened up a second front in North Africa. That morning many thous ands of self-appornted commentators were convinced that the war was going to last at least five years. Vet by midnight of that day these same commentators could see noth ing but a short War and a quick vic tory. Let us now, therefore, confine this Outlook to probabilities Ketail Trade The first quarter of 1943 should equal the first quarter of 1£*2; con sidering the entire year, a decline of 12G is probable. Just what will happen depends on two things: first upon the quantity' of goods; and sec ond, to what extent consumers are willing to take substitutes. Washing ton talks hbout 303,000 retailers be ing put out of business; but 1 believe this is entirely unnecessary. If land lords will be easy on rents, as sen sible ones should be, practically all retailers can run a skeleton force and keep alive until the War is over when business again should be good. The hope of America lies not with the big concerns, but with small businessmen These small business men must be protected in order to preserve democracy. I go further and say that the preservation of de mocracy depends on small and so- called inefficient manufactureres and retailer:! to “clutter up” the eco nomic situation. Large units lead ultimately to tyranny. As this is be coming recognized. I think 1943 will see some real help given the small retailers. Of course, no general for ecast will apply to all parts of the country. The industrial and agri cultural sections should hold up to 1942 figures; but retailerd in certain other sections are bound to suffer. After paying their tax bill tn 1943. the American people w'ill have left out of their income $36 billions more than they had after paying their tax es in 1940. City restaurants and amusements will prosper most; while filling stations, garages, lum ber y'ards. household appliances and hardware stores will suffer most ( ummodiU Price« and Living Cost» Prices of practically all commodi ties are at their low with the excep tion of certain ones that ate now im ported from India, the Far East and Africa As we are shipping loads of men and supplies to these points, ships may bring back supplies of co coa. coffee, olive oil, dried fruits, cork. antimony. lead. maeanese. hides and skins, mercury, molybden um. zinc, and other comodities Throughout 1943 there will be a con tinued pressure to pierce price ceil ings These ceilings will be kept down fairly well on goods which the armed forces need Thus far the OPA has made no drs tinction between essentials and non- essentials Not only is this a diffi cult thing to do. hut it is good poli tics to class everyone alike The war against inflation, however, will never be won this way. The only way to keep women from buying unnne- cessary clothes, for instance, is to let the prices of these clothes in crease to a point where the price tag hurts. Therefore, during 1943. I forecast a reclassification of the es sentials and non-essentials Pi.css R A T IO N BOOK R E M IN D E R SUGAR Stamp No. 10, in Book 1. | good for three pounds, expires Janu a r y 31, 1943. Friday, January 1. S H O R T ST. A N D T U A L A T I N 19-13 County Growers Can Boost Their Cash Income H IG H W AY— _____ E S T A B L I S H E D 1927 Attention Shoppers Enlargement Loan Available In This County Shoppers, school children, and essential travelers are being urged to cooperate with bus lines in arranging shopping and pleas COFFEE Stamp No. 27, in Book ure trips With the steadily in I 1, good for one pound, expires Jan. creasing demand for transporta- '3 (For bookholders 15 years ot | tion of workers engaged in es I age or ovei only.) Stamp No. 28 sential and defense industries, ] good for 1 lb coffee from January the public can be of great as i 4 to Feb. 7. ¡stance in relieving congested Washington County's 4.348 farm traffic by planning trips at hours Washington County has been desig G ASO LINE Stamps No. 3 each other than those when workers nated by the Regional Director of : good for four gallons thru Jan. 21, operators can increase their cash in come as much as $220,000 a year on are going teg and from places of the Farm Security Administration as 1 1943 employment will be held down on the essentials, I T IR E S Inspection dates: one of the counties in which Fat m Cars j fruits, nuts and vegetables alone by working with retailers in developing but retailers will be allowed to ¡with license numbers 110,000 to 140,- If you are a shopper, go after Enlargement loans can be made this 0 a m„ and return home before charge higher prices for non-essen ' 000, between Dec. '¿6 and Jan. 2; group marketing programs, it was year reports Victor S. Madsen, local 4 p m., and limit your travel tials There will be little increase in 140.000 to 170,000. Jan 2 to 9; 170,000 estimated today by a leading dis county supervisor. Monday to Friday exclusively, living costs, but care in buying and to 200,000. Jan 9 to 16; 200,000 to tributor of Oregon ciops Although the appropriation is limi stay home Saturday. less waste can more than offset any 250.000 Jan. 16 to 23; 250,000 and "With approximately S 75 farmers ted to the selection of five appli increases. School children return home on in this county and more than 15,000 above. Jan. 23 to 31 cants between now and April I, 1943, thd first bus after school is out, tnroughout Oregon using Security Prices Clip this information and keep it (aimers it is a start in attempting to develop and do not travel on Saturdays lain» marketing cooperatives to economic units where the present I believe that the Dow-Jones Stock with your latlon book for handy ref and Sundays. In so doing, you stieamline war-time distribution, the faint is too small. Averages will go to points during erence. will make the seats available on general trend toward group action 1943 highei than anything seen in A To be eligible, the applicant (1) week-ends and during the peak iti marketing is one of the most im 1942; also that bond yields and stock must be a citizen of the United hour period for men in the portant agricultural developments in yields will tend to come closer to States, 12) must at the time of apply armed service, defense workers, the state/' according to Earl R gether This may mean a decline in ing have been either the owner or and other essential workers. Fiench, marketing director of A & the price of low-coupon, long-term purchase contractor of his present Your co-operation in this man P's produce-buying affiliate, the At bonds and an increase in the price of inadequate unit for at least 12 ner will lend a great help to the lantic Commission Company. many stocks. This especially ap months, (3) have manifested a de War Effort by relieving conges Out? expel lence show s prowers can plies to stocks ol companies which sire ot stability of residence, <4) be tion on already overburdened , boost their income 10 to 15 percent are not handicapped by cumulative adapted to and interested in operat transportation systems, and en by working together to provide ade preferred issues oi bond issues. Re ing a family-type farm. (5) be unable able them to better serve your quate volume and standard grade member, the London Stock Market is to obtain from private or other Gov service men. defense workers, and pack, .in<l by working with dis witnessing the highest prices it has ernment sources a satisfactory loan and essential riders. tiibutois to cut out unnecessary seen for five years. Certainly, Tn- for the purchase, (6) be free from in You can help win the war, by Palmer S. Torvend. county agent, handling operations and costs This vestois aie sound asleep in the curable physical disabilities likely to conscientiously being ;iware of United States. Even the utilities be has been named secretary of the j 10 to 15 per cent would bring up interfere with successful farm and the above request when planning gin to look better in spite ol coining Washington County Agricultural Con pioximately $145,()'K) to $220,000 extra home management operation.. <7> a shopping trip or visit inflation. ■ servation association at a recent annually on fiuits, nuts, and v ege- must be or must have recently been DON'T T R A V E L ON SA T The county election fol lables alone to Washington county engaged in farmirtg as a means of The most important question for meeting. U RD AYS OR SUNDAYS DUR owe is, who in one recent year re meetings providing the major portion of the the investor during 1943 will he. lowed eleven community ING W E EK USE BUSSES A F 1.445,816 from their sales family income, (8) must have shown “ Shall I buy peace stocks or war at which community committeemen i elveil T E R 9 P. M AND BE HOME Growers could Results of the 1942 of these pi oil nets. a proper attitude toward meeting stacks?" Of course, the safest were elected. BEFORE 4 P M DO YOUR obliga^ons. thing is to buy peace stocks. The program were discussed by one of similarly increase theii casli income PART war stocks include airplane manufac the county committee membeis who from other crops by group action The loans will provide for the re *-------------------v ----------- ------- They pointed French explained. turers, the steels, coppeis and other attended the meeting financing of present real estate in As an indication of the effective out that soil building, wheat, and po KINTON metals and machine tools; while the debtedness hut in no case shall The Kinton school held their the refinancing exceed the amount pence stocks include building supplies tato payments in the county were ness of cooperation between growers $104,000 t nd distributors, French said econo- Christmas program and tree Wednes required to purchase the additional motors, rubbers, household appliances bringing in approximately and the stocks of most other com i to county farmers and the seed pur odes worked out through group mar day afternoon at the school house to tract. panies which are now suffering from chase program was bringing in over i.eting programs were one impoitant a large group of parents and friends. The loan value will be determined lack of business. One sure bet is a half million dollars just foi the 'actor helping Oregon growers to The program was composed of dia by an appraisal of the earning ca- o f 't h e T e a f estate rather'’than that companies which are now pros legume seed sold to the triple A. ¡ealize $535,900 last year for fresh logues and songs by both rooms, a pering most during the W ai «r.’ill suf Over 40 carloads of feed wheat were . i nits and vegetables sold through piano solo by Jean Neher, a reading 8peCu|Rtive va|ues the AAA by the Atlantic Commission Company by Irene Van Kleek and a very im -! fer most after the W ar; while com purchased through of interest on these loans With wartime food supply condi pressive candle lighting service for „ The t rate n A panies which suffer most during the farmers and dealers in the county b* 3 Pe,c/ nt P“ y » b>« over a War will prosper most aftei the and 712 tons of ground limestone and tions. emphasizing the need for short the following eighteen hoys from this War There are some concerns of 215 tons of phosphate were distribu ening commercial distances between school district who are in the Army onR Pe ll°d of yeais. Of the 2400 operators signed growers and consumers, group mar Air Corps, Navy or Marines: William Madsen believes that this type of course, such as the merchandising ted. companies, which should do well both up under the program in 1942, 1200 keting programs can not only aid the Van Kleek, Cuil Van Kleek. Clifford assistance should lead to more sta- program buf Van Kleek. Herbert Ward, John Van bility of farm families and better or- during and after the War. The rail have made application for payment Pood for-Freedom also provide a vitally important key Horn, Carl Kaipstein, Rudolph Kar ganization o f real estate, to date. roads will do well during the War The 1943 program which, in gen- to post-war farm prosperity, French pstein, Theodore Karpstein, Harry Applicants should apply at the but afterwards, look out! 1 eral, is similar to the 1942 program /tcclared. Ludwig. Glen Pringle, Orville Mud- F8A office in the Court House, HlUs- Building atu! Beal Estate He pointed out that the ground enberg, Harry Wedeking, Charles boro, soon as the processing of these with the exception that war crops New buildings during 1943 will fall can be substituted for wheat and work for building these programs is Kulbel, Robert Campbell, Ralph loans will take some time oft. Government buildings, both of several crops are on the allotment already well prepared in Oiegon. ! Fluke. William Pederson. Henry | __________ y factories and cantonements, will de basis. which Group Markets fruits and veg- Bowne, and Charles Kehni. After . _ cline while residential buildings will Community committeemen elect i t i l l l l l dan v prOdlMtl and H vM lM t the candles were dedicated Charlotte V i c t o r y G u r d e n r r O g r 8 IT I continue to be held down. This ed for the Kinton district are: C. Thompson repeated a prayer for the p o r *43 M o r e In c lu siv e means that not only will the manu H Thompson, chairman and delegate. boys On December 26 two more facturers of building supplies and E Hite, vice chairman, Leland Flint, Alarming Notion boys. Veinon Sprecher and Edward Oregon s 1943 victory garden pro- contractors have a pool year in 1943 regular member. Van Horn entered the service mak- K'am was launched at the second Given to Clock hut there is liable to be more or less ing twenty boys from this district in i!nnual state wide conference, held Aloha: Because of a default in unemployment Among carpenters, the election in the Aloha district, the Owners of City I the service Besides the gifts for Oregon State ( ollege, December 4, masons. painters and plasterers same members will remain that weie This is just a warning not to the children each mother was pre-, under the joint sponsorship of the The honeymoon of the building elected a year previous made by h er' OSC Extension Service, the Ot D, and Michael yield to that, early morning urge to sented with a gift trades is over for the duration. After , E. O’Meara, chairman and delegate, toss your insistent alarm clock out I child at school. School opened Mon- the ' TSDA war hoard. the War. however, building should A W James, vice chairman, Bruce the window and turn over for anoth day after a four days vacation and While the program will still ern- come hack with a bang although pre Denney, regular member. I will close Friday for New Years day. phasize gardens and more gardens er 40 winks. fabricated houses may put some — _V----------------- vegetables, it Your present Reckoner from the | S. H. Pomeroy was surprised W ed-, for the production! of union labor out of business Hence, nesday night when a group of his was broadened slightly to include Arms of Mopheus is probably the do not sariffee good real estate or Youths of Oregon to be only one you will be able to purchase friends cnlled with presents and a also calling attention to the necessity farms during 1943. Besides, there Mobilized for Victory for the duration. A check with Port birthday cake to help him celebrate for the home production and preser- may be legislation requiring the de More emphasis on the mobilization land stores today revealed that new hls birthday. 1 vation of other foods as well. molition of buildings over 75 years ot Oregon youth to help win the war clocks of all types are even further The home of Mrs Harry Richards The conference adopted as the of- old. on the nome fiont will be the objec- hack on the priority list than new was the scene of a merry Christmas ficial name this year The Oregon New Industries i tive of the OSC Extension service tires party when forty eight members of Victory Garden and Family Food t943 will see the greatest crop of throughout the state. Plans were children came ; Supply program, and Included among Professional hoarders rending this ten families of her new scientific developments that any laid at district conferences in con will be too late—there aren’t any home for Christmas. Nearly e v e r y ¡t* recommendations That a home year ever witnessed These may nection with 4-H clubs and with pos new alarm clocks left in Portland. home in this community observed garden be grown by every Oregon revolutionize agriculture, industry sible greater utilization of city youth The metal which w’ould ordinarily be 1 Christmas when members of the farmer having suitable soil for gar- and commerce even to a greater ex on farms. made ifito an instrument to wake | family that lived near gathered at | denin({ a working knowledge of gar- tent than the War will revolutionize Extension leaders are aiming in you up is now being used to put your home for Christmas dinner and tree. (jening, and the time to grow such a governments, politics and human re 19i3 not merely to maintain the pres- enemies to sleep. The Kinton Grange will hold their KU,den. lations. Among the new industries i ent relatively high level of 25,000 4-H -------------- V ----- --------- regular meeting Saturday afternoon; A1#0 recommended was that fanti- I especially have in mind are S Y N club members In Oregon, hut to o f Jan 2. Everyone in the community lies possessing facilities and skill TH E TIC S for making artificial pro fer club work to as many more as Navy Recruiting Cruiser 1 is invited to a pot luck dinner and augment the home food supply by ducts better than the natural. PLA S possible of the 80,0000 eligible boys At Beaverton Tuesday community get together at noon of the production of eggs, meat, and TICS for displacing metals and wood; and girls in the state for whom that day at fhe Orange hall milk. The Navy Recruiting Cruiser which F E R T IL IZ E R S and PH O TO SYN local leadership can be obtained Mr. and Mrs. Roy Bell, Miss Max The question of the extent to which visited Beaverton this week attract TH ESIS to revolutionize agi ¡culture; The nation is realizing more than Ine Bell and Kenneth Bell spent A program was Christmas day at McMinnville at the use of ornamental garden space for PH O TO ELE CTRIC C E L L S to make ever before the great contribution ed large crowds machines think; PR E F A B R IC A T E D that can be made by youth when given at 12 30 which included motion home of Mr Bells brother in law ami vegetable production would be rec- was again thoroughly Forrest snster, Mr and Mrs George Woods ommended houses: A IR -C O N D ITIO N IN G R A , pioperly mobilized and trained, says pictures and battle scenes Mi. and Mrs E L Cox and Mr. considered As was done last year DIO H E A TIN G which will dispense W L. Teutsch, assistant director of Cooper, state administrator of War The cruiser is and Mrs S. H. Pomeroy were Christ thp conference a* ai" . with all radiators and oil burn Extension. Too often in the past Bonds sales spoke destruction of ers; AUTO M ATIC T Y P I N G ; youth has been neglected in times of making many towns through the W il mas day dinner guests at the home a« ain*t w hole^le U NW O V EN T E X T IL E S ; U LTRA- national crisis, a mistake that is be lamette Valley and Coast towns in of Mr Pomeroy s sister, Mrs Eunice >“ wna and ornamental p antlngs for vegetable gardens, and said the p ow- connection with War Bond Sales and Crips in Portland. MICRO-SCOP-RY which will greatly ing avoided now. Mrs Harry Richards attended the up of golf courses and other help the elimination of disease NEW The extension service is also con giving latest information on navy re golden wedding anniversary of her playg.ounds is not necessary It did ALLO YS with maivelous stiength sidering its part in an as yet uncom cruiting. The cat was in charge of Chief brother in law and his wife] Mr. and recognize however tha some change and lightness; H ARN ESSIN G TH E pleted • program for mobilizing city SUN. TID ES AND W IN D S; 008- boys of high school age for farm specialist F T. Garesche. with fire Mrs George Richards of McCoy on >n use might be justified and Point- i ed out P »rt*cularly the possibility of Bond. Monday Oontinued on page 2 work through a cooperative at range controlman 3rd class W W Mrs E L. Cox left this week f o r ' »padlng up all or parts of excep- ------ V ----------------- • ment among schools, the employment Pharmacist mate 3rd class Stecklen Berg, and Yeoman 3id, class Subert. Seattle where she will spend a week tionally weedy lawns or poor orna- service, and the Extension forces Seed Growers League to M S i t m g relatives P'*ntlngs that would profit — ------- V --------------- ------------ V -------- y I by being renewed after the war. Meet -Ian. 15-16; Eugene Tacoma Mayor Speaker Oregon Club Kid» Win The state conference will be fol Through Group Marketing Beaverton Girl Complete* lowed by county conferences in For lj*ckson Day Dinner The annual meeting of the Oregon I p Nine of 15 Contests which representatives of at score of W A A C Advanced Course Two more national winnings by Seed Growers league will be held at agencies will be asked to take part. Mayor Harry P Cain of Tacoma, Eugene January 15 and 16. it was Oregon 4-H club members give this will he the principal speaker at the on the Fort Des Moines, Iowa, Jan. 1—A Four committees worked state a record of having seven placed decided at a meeting of executive annual Jackson club dinner, Satur member of the WAAC from Beaver preparation of the conference report, among the highest regional winners, committee members at Oregon State day night, January 9 .at the Multno ton. Oregon, recently completed ad which will be available for partici college Despite transportation diffi and two placed second highest in the mah hotel, Portlnnd, according to Dr. vanced training in the Specialist pating agencies and others Inter nation where the campetitlon was on culties the directors agieed that so Bernard Noble, president. Schools for members of the Women's ested. a nation-wide individual basis Thus many industiy matters need conside The dinner? is scheduled for 6:30 Army Auxiliary Corps here. — ----------- V --------------- ration that the convention is neces out of 15 contests. Oregon club mem o'clock, and other notables are ex A middle aged man, the other day, She is Anne Robel bers were top winners in nine ac sary. pected to have a place on the after This Corps member was given four being asked if he liked the liver wing A program dealing largely with cording to n summaiy made by H. ( noon dinner program, it was announ weeks basic training in military rou- of a chicken, replied. "I hardly know, Sevmour. state Club leader wartime adjustment* is being pre The two additional winners ate ced after a meeting Monday noon at tines and procedures on reporting for I have so seldom eaten it: when I pared by President Glen Ritchie. A number of duty She was chosen for advanced was a boy my father took It, and Richard Krenz. 16-year-old Silverton the Portland hotel Forest Grove, and Secretary E R. committees have been appointed by training In courses in Specialist now my children eat It.”—Rev E. J. high school junior, whd won one c # Jackman. OSC. Dr. Noble, headed by members of the Schools because of the excellence of Hardy. the t vo $2hfi college scholarships in ------------------V ---- — — executive board. Including Young her work in basic training Th e' ---------------V A new syystem of rationing known the farm crafts contest, and Jean Democrats as well as older members Specialist Schools comprise the Ba In the first year of war, the De Huffsmith. Portland, who was one of as the Point System will be used of the Democratic party ker’s and Cook't School, Motor partment of Justice has soeured with Wai Ration Book No. 2 to ra nine blue group national winners i> -----------y — ------------ Transport School and Administrative court convictions of at least S per- Her prize Ineluii tion certain commodities not yet an the dress review Specialist's School. sons charged with treason, has sent Returns After ed a free trip trtj Chicago and vain nounced. The system will not re She will be assigned to fill a non tq prison, for terms aggregating 530 place straight coupon rationing of able sewing equipment Month’s Visit combat Army job now held by a sol years. 49 spies in the pay o f Germany ---------------V --------------- sugar, gasoline, and coffee as it will Mrs. Harold Miller 'Dorothy Staf dier thus fulfilling the purpose o f ' and Japan, has brought under rigid be used only for groups of related or In Officer* Training Camp ford) has returned to her home tn the Gorp« which is to release trained control more than 2.000 foreign similar commodities which can be Ben McOue. Chester Beach. Jack Beaverton after a month's visit in fighting manpower for combat duty agents, and has indicted 27 war con- interchangeably used Each com See. Hollis Fleiner and Bob Coleman the east V-----------------tractors for defrauding the Oovsrn- modity is plentiful, a high point- have been transferred from On her return trip she visited her Funeral services were held Tues- ment Thiough the breaking up of value if it is scarce and the Gov Lewis to officers training school st cousins. Captain and Mrs. Malcolm day for Henry Krause of Portland. International cartels and Illegal pa- ernment. to protect the supply of Camp Roberts, according to a tetter Fauer at Fort Douglas. Utah She former proprietor of the Beaverton tent pools a great number of trade scarce commodities, can lover or received from Ben McCue this week also spent a few days with Mr. and Bakery for many years Mis A H secrets and technical processes have raise the point-value of any commod-, He said he had passed the examina Mrs. Hsl Swafford, former Oregon Barron of Reedville, a step daughter j been given to American arsenals and ity at any time. altsndsd ths funsral. » manufactursrs. ians, In Los Angclss, Cal. tion Palmer Torvend Named Secretary Of Association /*