PACE FOUR
HERALD AND NEWS. KLAMATH FALLS. ORf-CON
WEDNESDAY, AUC. 10, 194?
Consumer Income Higher
In First Half Of 1949
Than During 1948 Boom
TOONERVILLE FOLKS
WASHINGTON. Ant. 1 (V-In-eocnes
of roittumm rmn Z.I percent
higher in the fe half of Ihli vear
than In the same period of IMS,
when tht boom was In (nil mini.
Retail buying power thin was
fattened by the How of Income to
people si distinguished from cor
poration at an annual rate of
(313.400.000 000 In Uia first MX
month of tliix year, commerce de
partment figures showed. That was
record high.
The stream of ruh was on the
Inrreaae al mid-year, too. according
to revised daU from Ihe depart
ment, personal Incomes roae In total
from April thrown June after hav
Inr bomped down from laat De
cember's peak annual rate of S117,
oM.0oa.0o0 to a trough of SMt.lfrS.
M0.MI In Marrh. Bv June, the rate
was bark to S213.SOO.0O0.0Oft.
The msln cause of an Increase In
the annual note of personal incomes
from May to June was higher farm
receipts due to disposal of a larger
volume of crops either on the mar- j
ket or In loans from the government. I
Possibly of greater significance
waa Ihe first Increase In factory
payrolls since laat September. The
steady decline In that Interim had
resulted from worker layoffs, which
In turn showed up In Increased un
employment. In June, the depart
ment aaid. wages rose In the non
durable goods Industries and
"steadied- In the durable group.
Another commerce department
report showed that the book value of !
business Inventories had been cut 1
back about 1 1.000 000.000 In June I
chiefly by manufacturers and re-
taller to an estimated total of ,
SM .579.000.000,
Home economists hare dubbed the
business downturn this year an In
ventory recession," (
In still another report, the com
merce department ssfd that publicly :
reported cash dividends psid by cor-
Dora linns were 13 per cent higher In
June than In the same month last ,
year.
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Bus Smashes Into Bridge
Abutment In East; Fifteen
Trapped By Flames Killed
More thsn one billion tons of I Most of the Inhabitants of New
steel are said to be In use In foundland live by fishing, forestry
America today. or mining. I
lU.OOMlNttTOX, Illd.. Aug. II
Fifteen persona died In Ihe
flaming wreckage of a tirevhound
bus that burned after smashing In
lo a bridge abutment near here
early today,
Tlis bus, bound from Indlanspo
11s la Hloomlngton. hit the bridge
on a winding, hlllv road ahnrllt
alter midnight. Krconds later II waa
In flames.
The bodies removed Irom Die bus
were placed In sis ambulances and
a hearse and. accompanied bv a
police escort, wrre brouihl lo the
Indiana national guard armory
hers to avail Idrnlillratlon.
Driver Wayne t'ramrr of Indian
apolis, one of Ihe survivors, said
front tire may have blown out,
causing him lo lose control of ihe
bus. Alter striking the abutment it
skidded lit feel uown winding hlth
way 31 and came la real on Its
left side, blocking Ihe emergency
said one of Ihe survivors told him
he walked through five feel ol
flames to gel olf Ihe bus.
The survivor. Wells Hirhardaon,
IS. of llvanavlllr, Ind, told Van
Itorn he waa dosing when tho bus
struck Ihe bridge abutment.
Van Horn said Kdgar llarla of
Indianapolis, a Negro, waa credited
by olhrr survivors with kicking out
a rear window, through which moal
of the survivors escaped. Davis suf
fered a back Injury and was
brought to Ihe llloomlnglon hospi
tal. Hlllv Kllrrbrook of Kvanaville.
another survivor, said he waa rid
ing right behind Ihe driver when
the accident occurred. He said his
Imprrsalon waa that Ihe bua hit a
bump In Ihe road and went out of
control.
"I'm afriid my molhec and fa
ther are atlll In the wreck." tiler
brook said.
Hloomlngton, seal of Indiana uni
versity. Is about SO mllea southwest
of Indianapolis.
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Flames enveloped Ihe vehicle al
most immediately. The driver said
he and Iwo or three pawniers slice a bunana lriuithaua snrf
got out Ihe front door. The other then arrange the flat thin slices
survivors escaped through a rear I faiuhape over salad greens for an
window which a passenger kicked j stlractue salad. Add almost any
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Blen Van Horn, manager of ra- 1 berries, peaches and oerv with
dnt sution WTTS of Hloomlngton. 1 sour cream dressing.
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133 So. 8th Phon SI 88
COSMETIC DEPT.