i tut Air
it or i
EUStNE. ORI.
Economist Urges Care
In Facing Future;
So-tSo Business Seen
BUSINESS AND FINANCIAL FORECAST FOR 1959
By ROGER W BABSON
x. iiui iuu guuu aiiu iiui ioo
recession will be awaiting
1 V... 1 1 a. Y.
- XNovember elections.
2. 1959 will be a "do nothing" year for Congress. Both parties
will hold their cards close to
Republicans will want good business. Most Democrats will vote
for most of the Inflationary legislation; but only a few of these
Congressmen will vote for such legislation over the Presidents
veto. The Democrats will be in a dilemma. In their hearts they
will not want good business in 1960; but they must be very
careful not to do anything which could be held against them in
1960.
Every act of Rockefeller's
candidates or both parties will
ineir vote-getting possioiiuies
these possibilities in our Forecast for 1960 a year from now.
3. so long as Kussia is ieariui or cninas loyalty, sne win not
Intentionally start a shooting war. I hope that Chiang Kai-Shek
will come to his senses so that
united Mates. Marsnan surely
he made his report to Truman.
4. Our national budget will show a heavy deficit In 1959. This
and other factors should cause a continued gradual, although
not dangerous, inflation.
5. Serious competition will continue at all levels in 1959. Manu
facturer, merchants, and others
selling appropriations will surely suffer.
6. Despite competition, the
many concerns by strenuous
ing business.
" . ... . , , , , , , . 4 rr-e
7. More foreign goods will enter the United states during 1959.
This especially applies to German, Italian, Japanese, and Russian
gooas. , , ,
8. New cargo ships built in
aweaen, ana uaiy, wm oe laununeu m .u .uw
in most American-Duui ana Amencan-regisiereu amps uFcia""6
at a loss. More suDsimes win
9. Failures may not increase
now nsiea in tne Low-.iones Aveiugus, may K m ii.ioin.ioi u""
culties.
10. Federal cost-of-living figures
ratAs ana waees wmcn nave
will be disputed by both Labor
11. On the basis of the above
statements, I forecast, on the av
erase, no wide change in 1959
for commodity prices. The recent
recession is not over. Russia
still fighting us with an econom
ic war.
12. There will be more strikes
and labor troubles in 1959 than
in 1958. Due to fear of unfavor
able labor legislation and poor
business conditions, labor leaders
were on their good behaviour In
1958.
13. It is now difficult to fore
cast the unemployment situa
tion for 1959. Owing to the in
crease of automation, working
forces will continue to be cut.
. Looking ahead to the elections
of 1960, manufacturers, who are
mnstlv Republicans, will want
no more serious unemployment
to occur.
14. Many plans for expansion
of plants were postponed during
1958 for fear of a real depression,
Some of these plans will be exe-
.ntpH in 1959. although on a
more moderate scale.
There will be a need for con
tinued economic readjustment in
1959; but the playing or poll
tics by both parties may tern
porarily postpone it.
15. 1959 will not see any mark
pH rhanee in money rates. How
mr hnrrowers who have not
established good credit will con
tinue to find it difficult to get
new funds in 1959.
16. This means that it should
be more difficult, on average, to
sell long-term bonds in 1959 than
in 1958. Buy only non-callable
serial bonds or bonds of reason
able short maturities.
17. The supply of non-taxable
state, municipal, and revenue
bonds will increase during 1959.
This will be due both to less
readily available credit and to
rising needs of municipalities.
18. The "fly-in-the-ointment
will be the uncertainty of the
Federal policy regarding the new
$30,000,000 roadbuilding pro
gram. Will it compete with or
protect toll roads recently built?
I believe this program will not
harm outstanding Turnpike
Bonds. . .
19 Many investors will switch
from stocks into bonds in 1959,
thus obtaining both higher in
come and better security.
20 As inflation becomes more
serious, only short-term bond
issues-other than convertible
bonds-should be held to matur
Ity. Bonds should no longer be
considered good "permanent in
vestments unless they are non
taxable or convertible on a reas-
n2aibleThbeatSst investment policy
during 1959 will continue to be
a well-diversified portfolio-
stocks short-term bonds, and
cash Every conservative investor
wifkeep one-third of his port
Sio liquid, to have funds avail
able in case of a sudden very
severe drop in the stock market
This will come some day.
22 As the 1958 Congress has
not accomplished more in cor
recting abuses in the Teamsters
Union! the 1959 Congress wil
do little to Improve the labor
situation. Therefore, invest in
Sanies which wiU not be su -
ipot to striKes. d4m -
probably are the most near-
skrjsz saws
- S 1 I iL- . .
their chests until I960, when the
and of other leading Presidential
be carefully scrutinized to analyze
ior iswj. we win comment on
China will become an ally of the
bet on tne "wrong norse ' wnen
who reduce advertising and other
profits squeeze will be erased for
cost - cutting programs and lmprov
, . , XT ,
Japan England, Germany, Norway
toe aemanueu.
during isd. some uig
j
will be disputed in i 1959. Labor
ueeii ucu iu mc jcucioi mui
and Management
ROGER W BABSON
iywj election, iaoor leaders win
get. more ana more power unui
with Kussia's help tney bring
on a real depression.
24. Due to unemployment and
the difficulty of borrowing funds
for Installing automation (auto-
matlc factories), the machinery
industry will continue quiet dur-
ing 1959. '
25. I nnw spp no nrnhahllitv
that either wafpa'or retail nricw
will be "fixed" during 1959 un-
loss Russia thrpatpnc WnrH War
ttt
oe nrt .. i m u
iuai wagcwuiiveis wm ue
more efficient during 1959, which
should enable some manage
ments to increase their produc
tivity and profits.
27. Executives will attend more
strictly to business during 1959,
reducing time spent on luncheon
clubs, golf, etc.
28. Good building land on the
proper side of growing cities will
continue to Increase in price not-
withstandlng a decline in su-
uau. uuui me room ana me recem
developments following the recent
i ' , ' in
ii
burban building. Small farmers and Lance Tibbies from Univer
holding such land should not sitv of Oreeon are both visiting
now sell.
29. Small farms without any
suburban possibilities may well
consider selling to adjoining
farmers if offered a fair price
in 1SD3.
30. Large commercial farms
With latest machinery Should
prosper during 1959; but small
farmers may not do so well.
31. Pending a serious war,
there will be no radical change
in the Government's farm policy
during 1959.
32. With less fear of serious
war, the real estate situation in
the larger cities may improve;
but municipal taxes will in
crease.
33. Some suburban houses now
owned by well-paid executives
will come on the market in 1959,
due to loss of positions or moves
to other sections of the country.
34. Real estate mortgage mon
ey will be tighter in 1959 than in
1958. Furthermore, due to infla
tion, it will be worth less when
due.
35. The demand for motels Is
largely satisfied; but there will
be an increasing demand for very
modern apartment houses es
pecially of the co operative type.
Old houses of all kinds will de
preciate during 1959.
36. Woodland will continue to
be in demand during 1959. This
especially applies now to pine,
which is used for the best lum
ber, and to spruce, which is used
for pulp. Hold woodland in 1959.
37. More Russian imports of
pulpwood may be expected in
1959; but this should largely be
(Continued on Page 6)
I
GAZ
t
r
i , . . .
LOpieS lULenTS
March of Dimes
Drive in County
Opens Friday
Envelopes for contributions
the "Greater Victories" drive
the 1959 March of Dimes go into
the mails in Morrow county on
January 2, it was announced
today by Gene Pierce, campaign
director,
Support of the organization
which developed the Salk polio
vaccine is needed more than
ever because of Us expanded pro
gram, the director declared, add
ing:
"The National Founda 1 1 o n
henceforth will launch broad-
scale research into the rheumatic
diseases affecting at least 11 mil
I uiatuovo uutviuic HI iuoi x J. lilt-
6 ,, k1k
defectg whlch maiform 250,000
infants yearly. Research will also
fe supIted' Mo vlrug dlseases
and disorders of the central ner-
vous system."
The March of Dlme8 head als0
stressed that aid for polio victims
Would continue, as would re
search into improved vaccines
and therapieS- Direct aid to
children through 18 suffering
from Arthritis and birth defects
of the central nervous system is
planned as well. Through re
search and professional educa
tion, benefits will accrue to citi
zens of all ages, he explained.
"The people of our county
played an important part in mak
ing the Salk vaccine possible,"
he concluded. "Now we are ask
ing our friends and neighbors
I to Join us again, this time in
breaking new ground. We've
done it before and we can do
it again, with generous contri
butions enclosed and returned in
those envelopes mailed today."
Many Former Heppner
Students Here For
Christmas Holiday
Manv former HeDDner hieh
school students are away at col
wes or are n the service.
Among those who were able
to be home for the holidays were,
from Oregon State College, Joann
Brosnan, Helen Graham, Karen
Valentine, Janice Beamer, Ed
Groshens, Shirley Kononen, Jim
Hayes, Skip Ruhl, Meredith
Thomson, Janet Wright, Jay Sum
her, Mr and Mrs Jack Sumner;
University of Oregon, Judy Col-
Hns, Mary Jo and Alice Faye
Stewart; University of Portland
Mike Monahan, Jack Monagle,
Marilyn Monagle; Eastern Ore
College Mr and Mrs Al Par
fn V, ..i!" ol Lt
ent, Wayne Soward, David Cox,
Frances Slocum; OTI, Gary Jones,
Len Ray Schwarz, Tom Currin;
Air Force, Kay Corbin, Loren
Piper; Marines, Leland Proffltt;
Army, Larry Fetsch, Jay Dee
Hudson, Jim Reed, Ronald Reid,
stacev Lovtrren.
npttv Wilson, who has been
working In Montana, is now
working in Heppner. Dick Kono-
nen from Oregon State College
hn raltfnrnifl fnr the holidava.
wSCS TO MEET
WScs of the Methodist
church will meet Wednesday, Jan
7 nf q n'rlnpb- In the church hasp-
ment. Mrs Harrv Dinses will
hnvA nharaa nf tho nrntrram and
Ln members and friends are
urged to attend.
Important
Have you wondered what went
on in Morrow county during the
year just completed? Here is a
review of the most Important
happenings as taken from the
columns of the Gazette-Times.
They are not listed in the order
of importance, but in the chrono
logical order.
Garnet Barratt resigns as coun
ty judge on January 1.
Jack Loyd installed as presi
dent of the chamber of commerce
and Lowell Gribble is sworn in
as a member of the Heppner city
council.
County school reorganization
study gets under way.
Len Ray Schwarz named on
Shrine All-Star football team.
Oscar E Peterson appointed
county judge, by Governor Ro
bert Holmes.
Morrow and Umatilla counties
squabble over location of pro
posed Oregon-Ellensburg high
way. County loses bid for state con
struction of park on Rock Creek.
Additional Sign ups
Needed For Start
Of Mathematics Class
A final call was issued today
for additional persons interested
in signing up for a P-TA spon
sored mathematics class to be
held early in January. Quite a
group has already shown interest
in the class, but it was announ
ced that at least seven more per
sons were needed to fill the
quota so the class may be held
The class will be taught by
M C Huggett, Heppner high
school instructor, and persons
who are interested are asked to
contact Mrs Vic Kreimeyer at
Heppner, 6-5322.
Ben M Buschke, 94
Taken by Death
One of Morrow county's oldest
residents, Ben M Buschke, 94 died
at his home in Heppner Sat
urday afternoon. He had been
confined to a wheel chair in re
cent years, but until just a
short time before his death he
had not been In ill health.
Benhart Martin Buschke was
born October 22, 1864 in Posen,
Germany and came to the United
State when he was 8 years old.
The family settled in Kansas
where he was married to Adalina
Bartell in 1886. They later moved
to The Dalles where he worked
as a brick layer, then took up
homestead at Rufus where he
worked for the railroad. Mr
Buschke moved to Morrow coun
ty in 1903 taking a farm at
Eightmile. While still living in
Kansas, Mr Buschke worked for
some years at a brickyard which
was owned by a relative of Presi
dent Eisenhower and he spoke
often of remembering the Presi
dent in his youth.
Mr and Mrs Buschke retired
from farming in 1939 and moved
to Heppner to make their home.
His wife died in 1951. - ,
Services were held Tuesday at
2:30 at All Saints' Episcopal
church with the Rev Bruce Spen
cer officiating. Interment was
the Heppner Masonic ceme
tery.
He is survived by five sons,
Claude and Max of Heppner; Wil
liam of Creswell; Edward of Mor
gan, and Fred of Elgin; five
daughters, Millie Evans, Hepp
ner; Mary K Travis, Westport,
Wash; Martha E Brown, Rose
burg; Anna J Fehmerling, Hepp
ner; Grace L Kary of Pendleton.
He also leaves one sister, Emelia
Whitney, Portland; 17 grand
children, 22 great-grandchildren
and one neice. Four other child
ren preceeded him in death.
Creswick Mortuary had charge
of arrangements.
Family Night Set
For New Year's Eve
A family night New Year's eve
party will be held Wednesday
night at the First Christion
church from 8 to 10 o'clock, it was
announced today.
There will be games and en
tertainment for every member
of the family and refreshments
will be served. Each family is
asked to bring either sandwiches
or cookies. Coffee and punch will
be furnished.
The evening will conclude with
the religious film "Salt of the
Earth." Members and friends of
the church are invited.
Events of
County planning conference
makes many recommendations in
reports.
Pat Steagall Is named 1958
Morrow county fair and rodeo
queen.
Anonymous donor offer s
$50,000 for construction of a
county museum.
Establishment of a port com
mission is recommended by plan
ners. "
Mrs Frank S Parker is named
county Mother of the Year.
New house numbering plan ap
proved for city of Heppner.
State highway commission ap
proves Umatilla county plan for
use of Umatilla bridge in new
Oregon-Ellensburg highway.
Orville Cutsforth of Lexington
files for state representative.
John Hartman named exalted
ruler of Heppner Elks.
An lone boy, four year old
William Neil ZInter is drowned
ln Willow creek In Heppner.
Sandra Eubanks of lone
chosen queen of the Fossil junior
Heppner, Oregon, Thursday, January 1, 1959
ETTE-
F
0
ft n
I ' ' . At
ti mi. ii r ' 1 r'Ul
CHRISTMAS CAROLERS Heppner
this group Tuesday night before Christmas as they sang Christ
mas carols at the intersection of Main and Willow streets. The
caroling was sponsored by the Methodist church young peoples
group and many high school students took part in the singing.
(Photo by C A Ruggies)
Vancouver Man to
Take Over lone
Baptist Pulpit
The Rev J W Riley of Van
couver, Washington has been
named the new minister of the
lone Baptist church. He will
preach his first sermon there at
11 a m Sunday, January 4.
The Baptist church has pur
chased the W G Seehafer house
on 2nd street and Rev and Mrs
Riley and their three children
will move in this week. They
also have a son who attends
Christian high school in Portland.
Reorganization
Group May Study
School Locations
The Morrow county school re
organization committee will meet
Thursday, January 8 at 7:30 p m
at the lone school cafetorium, It
was announced this week by
Fredrick Martin, lone, committee
chairman.
The committee will consider
necessary action to comply with
the school reorganization law
passed by the 1957 legislature.
Although the people voted in
November to operate as a county
unit, this does not form an ad
ministrative district as required,
Martin said.
Other business will include the
request of the county school
board for a study of school lo
cation and consolidation. It is
possible that the committee will
bring in men from the state de
partment of education to aid in
this work, it was said.
The meetings are open to the
public and interested residents,
are urged to attend.
Former Heppner Man
Dies in Pendleton
Word was received Tuesday of
the death late Monday of Wil
liam J Hughes of Pendleton. He
was a former resident of Hepp
ner and a brother of Joe Hughes.
Funeral arrangements have
not been completed but It Is pre
sumed that the services will be
held Friday.
1958 Are
rodeo.
Spring stays wet as rain con
tinues to fall.
Janice Beamer of Heppner
chosen on Pendleton Round-Up
court
County agent Nels Anderson
named Father of the Year.
Lexington voters overwhelm
ingly reject move to eliminate
their high school.
Jack Sumner named Conser
vation Man of the year for Mor
row county.
Primary election draws heavy
vote in county.
Preparation starts for fair and
rodeo.
Reduction seen in Heppner city
budget for 1958-59 year.
70,000 acres of grass goes up
In huge grass fire on bombing
range.
Morrow County Grain Growers
purchase Interior Warehouse fa
cilities at Heppner.
High winds cause many more
range and grain fires.
First wheat and barley start
flMES
75th Year, Number 43
v
resounded with the voices of
County's First
Baby to Receive
Variety of Gifts
Who will be the Morrow coun
ty's first baby in 1959?
Whoever is the first to claim
the title by being born either
at or on its way to Heppner's
Pioneer Memorial hospital will
receive a big array of gifts from
local businesses and organizat
ions. The only rules attached to
the contest are that the new
comer's parents be a resident of
Morrow, Gilliam, Wheeler, Grant
or Umatilla counties.
The various gifts that await
1959 s iirst newcomer are sure
to delight the young man or
lady (after- a. reasonable time)
and both the mother and father
will be remembered by some of
them. Of primary interest to the
dad will be the gift of Pioneer
Memorial hospital itself who will
give the father a 25 percent dis
count on his hospital bill. He
will also receive a sport shirt
and 20 gallons of gas. The baby
and the mother will receive
many gifts of baby food, fruits,
clothes, nursery items, two sav
ings accounts in both Heppner
banks, in addition to several cash
prizes.
A complete list of the gifts will
be found In the contest an
nouncement advertisement on
page 4 of today's paper.
Welding Classes
Slated to Start
Adult welding classes will
start next week, it was announ
ced today by L L Robbins, vo
cational ag instructor at Heppner
high school. One group will meet
Monday, January 5 and the other
on the following Thursday.
Robbins said there is room for
only two more persons in the
Monday class and three addition
al in the Thursday class. Per
sons interested ln taking the in
struction are asked to contact
Robbins.
Mrs Venice Stiles of Portland
is here for the holidays with
her mother, Mrs Josie Jones.
Shown in
coming into elevators ln mid
June. Death takes Leslie L Matlock,
one of the heroes of the 1903
Heppner flood.
Rash of single-car accidents
take two lives and put 12 per
sons ln hospital ln less than 30
days.
Fires continue to take toll as
more hay and grain burn ln all
parts of the county.
Lightning storm sets many for
est fires ln mountains.
Another 3000 acres of wheat
and range go up in flames.
Heppner council approves ask
ing voters for bond Issue for
water system Improvements.
Another lightning storm black
ens additional 250o acres of
wheat and grass bringing total
acreage burned over in county
to well over 100,000.
1958 fair and rodeo opens.
Single-car accident toll adds
8 more victims in one weekend.
Sunday fire burns big area of
grass In North Heppner.
1958 City Building
Permits Highest
In Recent Years
A check of building permits
issued by the City of Heppner
during 1958 reveals that the city
enjoyed one of its biggest build
ing years in some time.
Total value of permits lssuea
by the city during the 12 months
is $195,210, but this does not in
clude an additional $38,300 which
was spent by the Heppner school
district in remodeling of the high
school building. The school is
not required to obtain a permit,
but with the addition of that
figure, total construction within
the city limits was $233,510.
The 1958 building total exceeds
that of 1957 by nearly $90,000 for
the previous year construction
amounted to $145,700.
The largest single building
permit was issued to the Hepp
ner Elks lodge for a $76,000 re
modeling program on their tem
ple. That work is now nearly
completed.
A breakdown of classifications
shows alterations and repairs ac
counted for $88,210 of the total.
New residences were valued at
$90,000; and other new construc
tion included a $10,000 permit
to the Seventh Day Adventist
church for a recreation center,
and to Cornett Green's Feed for
a $7,000 warehouse building.
1958 construction was higher
than in any year since 1955 when
the total was $344,725 which in-
eluded $257,000 for the new grade
school. In 1956 the total was
$189,454.
lone AF Man Gets
Christmas Promotion
POPE AIR FORCE BASE, N C,
Dec 18, First Lt Bruce D Smith,
of lone, Oregon, is one of the 14
Pope Air Force Base officers who
received early Christmas gifts in
form of notice of their imminent
promotion to the grade of cap
tain. His promotion Is effective
today.
The promotions, taking effect
on dates ranging from December
1958 to April 1959, are made
under the Air Force s fiscal year
1959 temporary promotion pro
gram and include both regular
and reserve officers.
A native of Heppner, Oregon,
Captain Smith, 27, is a pilot with
the Pope-based 777th Troop Car
rier Squadron (assault).
He is the son of Mr and Mrs
Dixon T Smith, lone, attended
lone high school, and was grad
uated with a business degree
from Oregon State College in
1953.
He entered the Air Force in
August 1953 and, after receiving
pilot training, was assigned to
Pope AFB in November 1954. He
spent a six month temporary
duty tour at Rheln Main Air
Base, Germany, in 1955 and at
tended the Air Force's squadron
officer school, Maxwell AFB, Ala
bama, In 1957.
WILSONS RETURN
Mr and Mrs Tom Wilson re
turned Sunday from a four
months tour of Europe and the
United States. They returned to
this country the first of Decem
ber and returned home by the
southern route after a visit in
New Jersey with relatives of Mr
Wilson.
Mr and Mrs Harold Hill of Coos
Bay are visiting in Heppner.
WEATHER
HI Low Prec.
33 25 .02
46 29 .11
50 34
51 36 .16
51 30
51 36
53 45 .02
Thursday
Friday
Saturday
Sunday
Monday
Tuesday
Rainfall for the week, .31; for
December, 1.63; for the year,
15.27 inches.
Review
Neil Beamer and Mannle
Squakln win rodeo saddles.
Most county schools see In
crease ln number of students.
Mid-September rain finally
ends high fire danger in area.
Efforts made to create Interest
in construction of Willow creek
dam above Heppner.
Heppner residents vote for sec
ond time on high school bond
issue (all for nothing, too!)
Voters approve county unit
school plan and formation of a
county port district.
First school band clinic held at
Heppner.
Lexington 6-Man football
squad gets to semi-finals in state
play before being dumped from
title by Culver.
The Oscar Peterson family
named Grassmen of the year.
Joint county-city museum com
mission is appointed.
Keith Imus elected new presi
dent of chamber of commerce.
New York survey shows gen
eral business in county good dur
ing 1958.