Heppner Gazette Times, ThursdayJanuary TJ953
Page 6
Babson Predicts
(Continued From Page 1)
31. In my opinion, the cost of
mortgage money' will tend some
what higher during 1953.
32. Construction of municipal
and public works should rise
moderately in 11)53 as compared
with 1952. This may be stepped
up sharply late' in the year if
business falters. There may be a
surplus of tax-free bonds.
33. A moderate slide-off In the
sale of commercial farm proper
ties can be expected. No bad
break, however, seems likely in
1953. Fear of World War III,
moreover, should help farm
prices.
34. Population trend is away
from the big cities. Fear of pos
sible bombing and automobile
overcrowding will continue as a
drag on city realty values. Con
tinued migration from the urban
centers will help suburban pro
perties. 35. For those who plan buying
new homes in 1953, I strongly
urge the purchase of acreage in
suitable suburban areas. Surely,
the H-bomb experiments should
quicken the trend toward sub
sislance farms.
3(i. As public housing pro
grams are far behind schedule,
1h new Congress will not promote
such in 1953 unless the need for
pump-priming becomes much
greater.
Tax Easing Will Be Slight
37. Tax relief will came most
ly from expiration of present
laws rather than from a new en
lightened tax program. Barring
further international problems,
the present corporate excess-profits
tax will be permitted to ex
pire at the end of June, 1953.
38. If the need for new taxes
continues high, after expiration
of the excess-profits tax, the
new Congress may consider ad
ditional excise or manufacturers'
sales taxes. They may also serve
to discourage consumer spending,
if the war danger becomes acute.
39. Stale and local taxes may
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Way the New Year
hold only happinee
for you
C. A. RUGGLES
Insurance Agency
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be Increased moderately here and
there during the year 1953. How
ever, I do not look for total ad
vances in such to be so great in
1953 as they were in 1952.
40. There will be no increase
In capital-gains taxes during
1953; but read paragraph 4b De-
low. Income taxes may be re-
duceds
Foreign Trade ouuook
41. Exports will fall again in
1953. The drop in imports will
be much less than in exports. The
new Administration will be urged
to promote foreign trade instead
of foreign aid. Only by buying
our neighbors' goods can we get
them off the relief rills. 'Jo save
ourselves, I predict, we will buy
more abroad, although this will
be hard on some United States
manufacturers.
42. I look for no change in the
official United States buying
price for gold. We won't "monkey
with" the mint price of gold until
the nation gets really "hard up."
Conclusion: Profits Prospects,
Stocks and Bonds
43. For the year as a whole I
look for business profits to be
slightly lower than in 1952. Earn
ings will be better during the
early months, with a decline oc-
uring later in the year, rroiit
margins will be cui Dy suner
competition from both domestic
and foreign sources.
41. Recently tipped wages plus
some additional 1953 boosts, will
also put heavier cost pressure on
profits.
45. Some companies that have
been hard hit by excess-profits
taxes may show improved earn
ings when the excess profits tax
expires June 30.
46. There will be a cushion
under falling profits provided by
the current very high tax rates.
If profits slide, Uncle Sam will
share the heavier loss. This very
fact, however, will make it. diffi
cult for Congress to reduce the
rate of taxation.
47. Stocks are high historical
ly. We are approaching the end
of a long period of prosperity,
much of which is based upon arti
flcial measures. Therefore, some
time during 1953 I forecast lower
stock prices than exist today.
48. Yet, do not forget that the
stock market was at about the
same price point when President
Hoover won by a landslide in
1928. With business prospects
good for early 1953, confidence
might again cause a temporary
boom. If an "Eisenhwoer bull
market" develops, I strongly urge
readers to take profits and build
up reserves. Within 12 months
after Hoover entered the White
House the Industrial Averages fell
100 points.
49. New Administration will
not favor "soft money" policy.
Therefore, some further rise in
interest rates seems probable.
For this reason, I favor high
grade, short-term bonds, rather
than long-term.
50. Finally: Wise investors are
taking no action unless prepared
to follow a carefully planned and
supervised investment program.
The keystone of this program will
in 1953 as in 1952. prove to be a
IKilicy of diversification and se
lectivity. Among those groups
which offer safety and good yield
are certain fire insurance stocks,
bank stocks, variety chain store
stocks, food processing companies,
and telephone companies. EVEN
THESE MAY FAIL US UNLESS
OUR NATION HAS A REAL
SPIRITUAL AWAKENING. THIS
MUST INCLUDE BOTH YOU AND
ME.
o
ANNUAL MEETING SET
The Heppner Christian church
will hold Its annual meeting this
Wednesday, December 31 at 8:15
p, m. Following the business
meeting two pictures, "In the
Footsteps of the Witchdoctor."
and "African Pigmy Thrills" will
he shown.
A Clean Stove Saves Fuel
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Plans Made For New
Chevrolet Showing
A new Chevrolet that will cre
ate "entirely new conceptions of
automotive beauty and perform
ance" was promised today by
Roiee Fulleton of Fulleton Chev
rolet Co.
Mr. Fulleton made his state
ment following a meeting with
company representatives in Port
land, where 1953 plans were re
Mr. and Mrs. Frank Ayers were
In Hermiston Thursday to visit
his father, James T. Ayers.
Recent guests of Mr. and Mrs.
Bill Hinton at their farm on Wil
low Creek were her parents, Mr.
and Mrs. Harry Sherman, Nancy
Sherman and Mr. and Mrs. Mer
vin Anthony and Don Anthony of
Oregon City.
Glen Walker was in Townsend.
Montana to spend the Christmas
vacation with his father, Eslie
w x - , t
vealed to an enthusiastic audi- waiKer. wno nas Deen mere since
ence of dealers from this area. late fall with his mother, Mrs.
' "When we were invited to at- Bert Ward. Mr. and Mrs. Roy
tend, we ware told that this would i Thomas and Mrs Max Gentry
be one'of Chevrolet's most im-' drove Walker to the train at
portant business conferences," he, Pasco.
Mr.,and Mrs. Howard Gilliam
and children of Baker were in
Heppner to spend Christmas with
their parents, Mr. and Mrs. Earl
Blake and Mr. and Mrs. Earle E.
Gilliam.
Miss Nellie Doney, Mrs. M. L.
Case, David and Will Hynd were
Christmas dinner guests of Mr.
and Mrs. Herbert Hynd at the
Butterby Flats ranch near Cecil.
Mr. and Mrs. Eugene Peterson
and children spent the Christmas
weekend in Ontorio with relatives.
Mrs. Bud Springer, Mrs. Lincoln
Nash and Lyle and Maryann Jen
sen made a business trip to Pen
dleton Monday.
continued. 'This was conclu
sively borne out by developments.
Not only were we shown the most
exciting product in my experience
as a dealer, but the speakers
made clear that the company,
through its newspaper advertis
ing and promotion, would give the
model unprecedented backing."
Mr. Fulleton said the program
should answer any doubts about
the future of business.
A company with the market
Miss Barbara Stout returned to
Spokane the last of the week
after spending Christmas here
with her parents, Mr. and Mrs.
Charles Stout. Miss Stout is the
manager of a beauty salon in
Spokane.
... Mr. and Mrs. Robert Penland
and Neal spent Christmas in
Portland with members of both
families that had gathered there
for the holidays.
Mrs. W. E. Barkla motored to
the weekend with her son and
U1 l A Ul. i f. on,l HTo Rnh
nature unless it is firmly convin- "auf ". -
tal required for a program 01 tnis
The easy way to clean an oven. Leave a bowl of soapy water and ammonia
in the oven overnight with the door shut tight. Next morning, suds the
interior with a stiff brush. Dirt and grease wash off easily, thanks to
pre-Hol'tening.
These are days of hearty meals and much home entertainment and
time to check the ellicicncy of your kitchen to save you time and money.
A good start is tne kitchen range.
Snutterinir burners and smoky
ovens are signs of trouble and
wasted fuel. A good rule to follow
is "a clean stove cooks better, saves
fuel and lasts longer." Hut don't
make a chore of it. Keep your stove
in working order. Like the prover
bial "stitch-in-time," constant care
eaves hours of hard labor.
Wipe the top and burners with a
soupy cloth after each use, but let
the stove cool first. Enamel may
crack if water is applied while hot.
However, wipe up spillovers at
once with a DRY cloth or paper
towel, lest they leave permanent
stains. Follow with soap and water
when the stove has cooled.
To keep carbon from jamming
the pilot light, first turn it off;
then scrub the housing with a soft
wire brush and wash with a soapy
cloth. Make sure surrounding sur
faces are completely dry before
you relight it, and that connec
tions are "seated" correctly.
Pour grease off the broiler while
it isstill warm, but let it cool be
fore you soak and scrub it in hot
soapsuds. Rub mineral oil on the
racks occasionally and they'll re
sist rust better and longer.
Treat the deep well cooker as
you would any aluminum kettle.
Lift it out and scrub with hot soap
suds, particularly along the outer
edges. Non-insulated covers can be
tub-washed, but insulated covers
should just be wiped clean with a
damp cloth.
ced of sound sales possibilities,"
he pointed out. "It is quite ap
parent from the product that the
largest automobile company in
the world is anticipating one of
its biggest years in 1953."
The date for showing the new
Chevrolets on January 9th has
been announced, Mr. Fulleton is
already making plans for a dis
play of the car here. He is con
fident that interest in the new
model will draw record-breaking
crowds to his showroom.
Deeter.
BACK IN OREGON
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KINIUCKT HVtl D1STILLCRT. INC. NIHOUSMLE. KEHTDCKT
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Services of New
Soil Testing Lab
Available to Farmers
A new soil testing laboratory
at Oregon State College opened
for operation this week, N. C.
Anderson, Morrow county agent,
announced today. Mr. Anderson
said the soil testing service for
Oregon farmers and home gard
eners will assist county agents in
making recommendations for pro
per use of commercial fertilizer.
The new laboratory will be under
the direction of Dr. L. A. Alban,
OSC soils scientist. Similar pro
grams are in wide use throughout
the Midwest and Southern states,
Anderson said. In stressing the
value ol good son management in
crop production, the county agent
stated that proper use of fertilizer
is of major importance in such
a program.
Soil samples will be mailed
from the farm to the OSC labora
tory In special cartons available
from the county agent. Informa
tion sheets which must accom
pany each sample will include
the past fertilizer and cropping
hislory and future cropping plans.
Results of the soil tests will be
returned to the agent for use in
making fertilizer recommenda
tions. Instructions for taking soil
samples from the field are also
available from the county agent.
He said it is important that the
soli sample is representative of
the entire field to be fertilized.
o Although cartons, instructions,
Mr. and Mrs. Bud Springer and and information sheets may be
children spent the weekend in obtained by writing the county
Hood River visiting with their agent's office, the OSC laboratory
parents and other relatives. recommends that farmers talk
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its
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"ew
with the agent before taking soi
samples. .
The charge for analyzing soi
will vary from $1.50 to $2.50 a
sample, depending upon the tests
requested. Soils of western Ore
gon are primarily acid and re
quire a different set of tests than
those needed for non-acid soils of
eastern Oregon.
Soil reaction or degree of acid
ity, lime requirements, and avail
able phosphorus will be run on
acid soils for $1.50 a sample, The
charge will be increased to $2.50
when available calcium and po
tassium are also determined.
Tests cenerallv required for
soils of eastern Oregon will deter
mine degree of acidity, available
phosphorus, available potassium
total salts, and sodium. Charge
for these tests will be $2.50 i
sample.
Organic matter will be deter
mined on any soil sample for an
additional charge of $1.00. Ander
son said boron will be the only
minor element determined and
requires an added charge of $1.00
a sample. Boron tests will be
made only upon recommendation
by the county agent.
o
POMONA GRANGE TO MEET
Pomona Grange will meet Sat
urday January 3 at Willows
grange in lone. The meeting will
open at 10:00 a. m., the program
starts at 2:30 p. m. and a film on
banking will be shown. Initiation
will be held at 4:00 p m. with the
first and second degrees.
o
RHEA CREEK GRANGE
The Rhea Creek Grange will
have their regular meeting and a
clam feed for all members Friday
January 2 at G:30 p. m. Members
are to bring either salads or des
serts. o
FORMER HEPPNERITES
HAVE SON
Mr. and Mrs. Robert Taylor of
Coeur d'Alene Idaho are the par
ents of a son born December 15.
named Donald Ted. This is their
fourth son and his grandparents
are Mr. and Mrs Ray Taylor of
Heppner.
o
WATCH PARTY TONIGHT
There will be a watch party at
the Methodist church Wednesday
night starting at 10 o'clock under
the sponsorship of the Bible class.
Everyone is welcome and refresh
ments will be served.
o
The Beaver is the largest North
American rodent.
The Office of
DR.
Local News In Brief
i
Rev. and Mrs. Earl So ward
visited last week at the home of
Mr. and Mrs. Alva Farabee in
Prineville. Mrs. Farabee is Mrs.
Soward's sister. Saturday, her
brother, Andrew Ingalls of Kent,!
Washington visited at the Soward
home here.
Mrs. J. Osmtn Hager returned
Sunday evening from Corvallls,
where she spent the Christmas
holidays at the home of her son-in-law
and daughter, Lt. Col. and
Mrs. Clayton Shaw and sons.
Mr. and Mrs. Harold Hill and
family of Coos Bay were in Hepp
ner to spend the holidays with her
parents, Mr. and Mrs. Tom Harris
at their country home in the Rhea
creek area.
Mrs. Bertha Johnson returned
the first of the week from Port
land where she spent Christmas
with her daughter-in-law, Mrs.
Victor Johnson and daughter,
Carolyn.
Mr. and Mrs. Ray Drake had as
their guests over Christmas: Mr
and Mrs. Paul Warren and child
ren ot corvaiiis, Mr. ana ivirs.
Claude Drake and family of Rich
land, Wash., and Mr. and Mrs.
Douglas Drake and family.
Ronald Reid has returned from
Portland where he was employed
for a time.
Mrs. Venice Stiles was here
from Portland to visit her mother,
Mrs. Josie Jones over the holidys.
Mrs. Stiles came up from the city
with Mr. and Mrs. Luke Bibby and .
her mother. Mrs. Robert Thomp
son. Miss Martha Tapanainen spent
Christmas in Vancouver, Wash.,
with her father and other rela
tives. Judge and Mrs. Garnet Barratt
drove to Salem Wednesday to
spend Christmas with his mother,
Mrs. W. B. Barratt.
Mr. and Mrs. Tom Wilson spent
Christmas in Walla Walla with
her brother, Edward Fisher.
E. K. SCHAFFITZ
Optometrist
Will Be Closed
AND WILL REOPEN
WEDNESDAY, JANUARY 7
In New Location
Next To Hotel Heppner
Entrance-in Space Formerly
Occupied By Bradley D. Fancher
Wholesale Meats
We have a very nice selection of young steer and heifer grad
ed beef at a very low priceof
42c PE? P0UND
-A L S O
PORK SMOKED MEATS
TURKEYS
CHICKENS
See Us lor the Best at the Cheapest Price
Columbia Gorge Packing Co.
At Green's Frozen Food Lockers Hermiston
Ed O'Donnell, Mgr. Phone 6577, Residence 3452
'"4
HEPPNER GAZETTE TIMES
J
Long Distance Nation-Wide
Moving Service
Mayflower Agents
Padded Vans
Penland Bros.'
TRANSFER CO.
Tendleton, Oregon Fhone 338
STAR THEATER, Heppner
A sincere wish for a happy, happy new year to our loyal patrons and friends . . .
and we shall do our utmost to make this wish come true.
A glance at our January program will assure you that we have renewed our reso
lution to bring to you the finest possible entertainment at the lowest possible price.
Thursday-Frlday-Saturday. January 1-2-3
HIGH NOON
Gary Cooper, Thomas Mitchell, Lloyd Bridges, Katy Jurado, Grace Kelly, Otto Kruger,
I.on Chaney, Henry Morgan.
When the hands point up the excitement starts. A top-bracket western that has
won the praise of the high-hat critics. The haunting, wistful tune "High Noon" is
heard throughout the film. Plus
RAINBOW ROUND MY SHOULDER
Frankie Laine, Billy Daniels, Charlotte Austin. Tried-and-true song favorites, Tech
nicolor photography, and a pleasant story have been added to the cast of Top-drawer
musical stars. Shows at 6 p. m. and 9 p" m. on Thursday; one show starting at 7.30
on Friday and Saturday. Do try to see "High Noon" from the beginning, but see it!
A terrific double-bill.
Sunday-Monday, January 4-5
THE QUIET MAN
Directed bv JOHN FORD. Color by TECHNICOLOR. JOHN WAYNE is a riot man!
BARRY FITZGERALD is an impish marriage broker! MAUREEN O'HARA is red
haired and willing! Photographed in Ireland. Once in a generation, entertainment
like this. It's that warm, happy, wonderful picture everyone has been waiting
to see. No increase in admission prices.
Sunday shows at 2 p. m. 4:307. Boxoffice open until 9.
Tuesday-Wednesday, Januaiy 6-7
THE OUTCASTS OF POKER FLAT
Anne Baxter, Dale Robertson, Miriam Hopkins, Cameron Mitchell. Based on Bret
Harte's most famous of all frontier adventutes classic, gripping drama of the
goldrush days.