PACE EIGHTEEN
HERALD AND NEWS, KLAMATH FALLS, OREGON
THURSDAY, JUNE 30. 194
TODAY'S BUSINESS MIRROR
Businessmen In General Agree That We
Are Due To Hit The Bottom Of Slump In
US Sometime Around February Or March
(TdMer'a Vala? Waalnaaa aaaa fcoli
variiat vlawa af laa saalnaaa raraa
tan, ranilnff Irani eallmltm la eaaal
lin. Wrlaa In aalransra ara a
lar.a xaraaar S.II..I.I apaaal
will taa nasi arla. TbfM iawa,
eat laass ml efaaamuta aaS alaars
staatng laa ran, ara eaarrlaaS m
taa fallawlaa aMkla av Mam OiawH,
AtaarlataS Fraaa aaalaaaa aiai rel-
BaiaUI.)
Br SAM DAWSON
NEW YOKK. June 3 i? How
do buaineasinrn themselves assess
the present slump? How do their
guesses on IU probable length and
depth stark up nun thoae of eco
nomist, and other publicly charged
with telllnc us where we're heading?
Oue&ses range li the way from
saying we'll hit bottom before the
end of this year to forecast! that
we won't until the end of I960, but
average off somewhere about the
lime of the first robin next Feb
ruary or March. But let's not forget
those who still hold that Inflation
can become a threat again soon.
Hero aro the current opinions of
a ntunbrr of leaders la Industrial
and public life. You'll not that
what they do has much to do with
what they foresee
One of the most pessimistic is
the head of a construction materials
company. He says we have about
It months more of recession In
store. He reflects perhaps, the belief
that the building industry will be
one of the last to be rut by tha I
piecemeal slump, and the
last to !
recover.
On the other hand, president of
the National Machine Tool Builders
association thinks the worst fat oyer,
saying that the first half year orders
In bis Industry already are aver
aging higher thaw hs the last , Dar
ter of ISIS.
Predictions In the steel Industry
have mostly set early I960 for the
turning point from their decline,
now gathering speed.
In the auto Industry, unhurt at
yet. we have the prediction of the
president of General Motors that
the -next 60 to M days will be very
Interesting in the history of our
country.'' Others say the auto in
dustry win be the last to feel re
cession, and that It will hurt them
least and for the shortest time.
Opinions of retailers, purchasing
agents, and middlemesi generally
New
Coet0
mi
Hirt'j a Fee. He'll
Dog Chow ia mada for doaai ovary,
whoro because oil dogs rewire
tho soma boaae formula. Tho
only difforoneo la that hard
working doom want and need
snore of it It's tops nutritionally
and In palatabilirr. Buy some
STANDARD
FEED STORE
So. 6th and Woihburn
Phono 8300
Klamath Falls, Oregon
v.v.v.v.
m m mm ts m mm m m r
, I vS5 " bf S Tedium 5 u 3 r ( WHAT PC? 1 VvQNKjdr3UT ' THy T S BOY. "J HrVLPv TWNO APOUT ) vmlL. CO
V fSsMnf5 "- ST W.T,y V $Kt'J
"3 V" ViVi'' VSJ 1 Female horse 5, f . ' , .aasttSPV a" h.7 I 1 1 TH-
Jl - -l r-T. .- reeltwiriodl I II I I V I II I II 1 c5 A 'R jlvi t'VvJ
STRAWBERRY
IC CREAM
BETTER!
1 "jjm"
reflect their belief that prices ; Truman Is wrong. But wasn't It
haven't come down far enough yet ! Just a year ago that everyone was
The slump Is only half over and saving the same thing about an
more -realistic price adjustments" i other one of his stubborn notions
are due. aava the chairman of the lhal one about his bring reelected?
business survey committee of the '
National Association of Purchasing !
Agents, That would give Che slump
about nine more months to run.
But the general credit manager
of the Commercial Credit company
of Baltimore says prices won't reach
bottom within the next year. And
sn economist for Macy s. New ott.
department store, says it "may be
six to 13 months before we attain a
right degree of price balance along
the broad economic front."
The dean of the Vntversity of
Chicago's School of Business saya
Industrial production will bit Its
low by Che end of this year and
price early in 195. The slump, he
cautions, is international In scope.
A Harvard business school profes
sor of marketing estimates we are
from one-third to one-half way
down the business slope. The inter
national statistical bureau says the i
low point will come late this year
or early in 1950. and thinks it will
take each Industry an average of I
nine months to recover half the
ground it losL
Guesses as to unemployment range
to 6S million by September. Its
over three million now.
How about wagea and salaries?
The chairssuus of Consolidated Gro-
rertea says they'll probably
where they are, and that other ways
to cut coals most be found. Tho
president of General Electric agrees
Chat every effort should be made to
keep them where they are. but he
also says they mustn't go any higher
right now.
And finally, we have the assess
ment of the whole thing by Presi
dent Truman. He said last week:
"Our economy Is very strong and
American business Is in a healthy
condition. We have come down from
the perilous peaks of inflation and
ara approaching; a more normal
level of economic activity."
Officially, at least, he has not
yet recognised the slump. He still
asks congress for powers to meet
the threat of another inflationary
rise.
Moat everyone else says President
Location
South 6th & Shasta Way
CCH08 f a-. -v - - Tr1 f COTTA GET 7HCM S4Ll'S..5 AWV f VOU Re T fAtXLV Wl IK WOtJDf SsVJ wimtfc f 1 COUP Wftlaja tar Olt rUZZatO-T
tCaaaSsoS-a fAVy; J ' ----3 x. . - n. , j THI5 JOIsiT OB. TMtf'LL MVRUCT -,4 WfceTlM1 VEB I YOU W)7l A'U T YOU 5XIP. IBVaV MCK. r C UiOlkl' IT wurKI Hi t 1
rVflf r- r l ii ' 1 I ' "' " -i I tn' cops ay Queer tw emotf CCALl x Twe.onvie'.V to ui uhcie Jake (Tokr hm Jl ivt uji ri ilaBN'tifoet tvust I
P -laavu Vl'.'L (AxNf I -" . sv- - . . - J nReoTHar ! nti Kid! rsrn 0T ounoiar wad h count bato. It.
JV-rjTtL ' , 1 liair,raC TaL. IOie,TOO..JgO I TrM Tl'iV7 lAONTlfPAVOaTM'BOBiRVl !
film rn-sii gWtSlf l
7n
youU find Doe Chow io boot
tn your dog's bill of fare!
1 lb. of Do Chow oauals 1 lbs.
of fswsh snoat tn food
Ovor 2000 doe have eonbiba
utod their foodina oxpori
to tho building of Dog Chow.
STANDARD
FARM SUPPLY
Phone 3722
Lakeview, Oregon
m m m m r- m m ww
- IT TASTES
Thii fine, rich let cream
porch frethnetg" you can
N .eAiO;AiiJ jmM lp
; ,V WHO UWH 'EM OP CAPES MUCH UOUT I A7ootlT HOIiy, ClJIi8X J I btTTIfV irULt TH' BCsr' BUM CftV
mora ond mora people gay, A quart of
Medo-Rich Strawberry lea Cream!" Juir illce
The i
Nl:W PLANT
PRINEVIl.lE. June 30
Firtex Insulating company will start
operating a new perlue processing
plant at Frieda on the Deschutes
river July 11.
The plant will convert Derllte. a
volcanic substance which is mined
tn that region. Into insulating ma- ;
tenals. I'p to now the perlite has
j been shioped to St. Helens tor
processing. .
Male Game Bird
HORIZONTAL
1.8 Depicted
male duck
13 Interstices
M Overturn
IS Rot by
3 Epistles
4 Behold!
5 High
mountain
8 Respiratory
sound
exposure
College offic'al
18 The female is 8 Payment
in color demand
18 Number
Regius
19 Italian city
:i Finish
12 Girl's nam
2J Symbol for
erbium
14 Either
Rail bird
professor
lab )
10 Flow ers
1 Sharp
l: Sicilian
volcano
17 Hypothetical
27 Former
Russian ruler 5" A
30 Bitter vetch 11 Land parcel
31 International
language
S3 Cloth measure
33 Cooking
utensil
34 Renounce
37 Tidings
38 Whirlwind
39 Preposition
40 Baseball sticks
42 Suitable
IS One conscious
of his
superiority
48 Blackbird of
cuckoo family
49 Fold
SI Turkish
officer
53 Parts of
plants
54 Conditioner
S6 Tedium
$7 Sanctified
VERTICAL
1 Female horse
2 Creek war fod
v - .
hoi that "berry,
taite. No wonder
I 1 IAWSMtW imV I i :' ! .!!!!!: i."' u'V'n M tHi I 1 1 MIIIIM
male duck High nHZi JtllR 11WH U. mvy, hqvv w u ZZt- TTi r tanT K was fv7 U i.
13 Rot bv '""nd IA!i iril I;TrT7VNa,1 i , V i?"3l iv" 71 K iar cVl. i " J. , i
in color demand X'R'K'ersiH VpV-K:- i X I f- I III I V f ft mA Jl -a v-iT. 1- ' J-i
I Herald Nr. want 5 i f HNl , ii ( LX. J IvDvz)' I ' ' iK V ( it T 5
i J ad. snake the contacts J P J7 1 JfJ YXv COVt i I I . Vl-N , (11 V.B J- R I ;
wb'Tlng. selling I J a J T-V me HCXS ME 5 . .t JCffX' J)C f Jv C)V C I
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'fA1, Jl - TfA.mTfrZK Llwi-riL' Cr
"uW MADE WTtf Jl 1 U rraVl
Bad Time Fop
Change 0 Mind
LONO 11KAC11. Calif , June 30 (.41
, Emma, five-ton circus elrphsnt picka
the dog-goiulrl times to chsnge her
' mind.
Tuesdny night her trainer. Cleorge
King, tried to gel her up a ramp lino
an auditorium for a children s bene
fit prrlornisnce.
' But Emma, who stands ulna feet
srveu inches high, proved to be too
big to get through the tunnel-like
device, so King decided hed make
her get down on her knees and
crawl through.
All went well until Knima, ap
parently di.Miu.Mcd with the Idea,
decided to stand up. The ramp
burst open and the M-year-old
pachyderm remained lodged there in
tiie splintered wreckage until work-
ers hacked her out
For the remainder of tha per-
forinances. Emma wilt do her act
outside the auditorium.
LARtil'ST I'LYKR
The condor of the Andes, with
wingspresds ranging from eight feel
eight inches to nine feet nine Inches,
is the largest bird that flies.
An.wer to Previou, Punl. HERALD AND NEWS COMICS
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?8 In aline capital k A I II I JUJ A cVV-7 . 'I'M
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3 Aflirirative 49 Greek letter et r 1 I I i I l!8 W I ,TWI I I I l3 hW!
37 Numbers tab, 50 Oriental l' I-J F I . tCFM-Sai ' Al 41,
structural unit 40 Nude porgv . .. . JCZLLxS wet 7 I ' -T-a L,XJJ tfrawakc - Zl
41 Soon 33 Tungsten
42Monndm dye (sb ) f V M I ..- V '..... f. .... . 'Ti I : " t
21 Sow 43rondlrs S3 Within new much uutw v-iwcni-'-hvb i iiwwj.nisr isti"- iwe: m j . IaJT IT 8uv Me I
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vX.CS,' KV-V-"VI a 'EM BUT SMOBT AS faWBOCN' VI K. TWlVIRT riKFMrv-, X I r..T7 I
Wtalthiest Dog
Dits At Ten
VICTORIA. B. C . June SO (CP1
"Rip." probably one of the world's
wealthiest and most publicised dogs
If dead
The 10-year-old male wire-haired
terrier, which had been bequeathed
174 a month for its upkeep and
care, died of a heart attack.
Its mlstrr.vi. Mrs. Marguerite R
Spratl, who died two years ago, laid
down In her will til'ixvMiig of
tJMVOOO a pnnrsni tor "Rip"
The will provided that the dog
must sleep on her bed, be bathed
In adjoining bathroom and receive
other privileges. A trusted friend
Miss Agnes Carta right, was left In
tharge of the dog, but was obliged
to give up these duties owing tn Ill
health. Rip had since lived In a
kennel.
ADVISOR.
CORVAM.IS, June SO tl An
Oregon Plate eollree professor will
teave Friday for Paris to become
agricultural economist for the eco
nomic co-oprratinn administration.
He is Dr. Harold F. Hollands. CVSC
professor of agricultural econom.
lis He has a year a leave of absence.
He is Dr. Harold F. Hollands. OHO I I .8 I . . I .f 1 H loVl CI I VVi Kl . () a I f,
j professor of agricultural econom. I tt Mmr'mWMHMfflif' ."Vi i I ftT I
LEVY OKA.Y
UNION, June 30 14V-A 10,S0J
tag levy has been approved by
Union voters. 54 to 31. The budget
far above last year's 7.'J0o was
necessary to repair lea and flood
damage.
O TRICYCLES
WAGONS
BABY WALKERS
POOLE'S
Blryclea and rlportlng tioods
list e. Main
Shorwin-Williami Point
A2L 3 Store l
I s. m fcsa, y ow.0 aOapaafOiV . a
VltllllUlllUlllllltlllllltlllUllillliillU1
Your Dealers
PROPANE GAS
Safe - Efficient
Clean
Klamath Gas Co.
Plant and Office
US Riverside Ph. 8321
liiitimiiimiiiiiititmiiiiiiiitiiiititi
Paint
Store
rh. im
Haodquortert
I fa Ch",k
: Wa Offer Friendly
! u i ti'.L s
ntjip ttiih i our
MONEY PROBLEMS
Fait Efficient
LOANS ON
Furnitura
Automobile.
Your Signature
MOTOR
INVESTMENT CO.
Ill N. 1th Phone ills
si-lit e-m .
Viwi""" afjo-irn."
w
ana tervt.
Lost Miver aiay