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About Nyssa gate city journal. (Nyssa, Or.) 1937-199? | View Entire Issue (Dec. 31, 1964)
THURSDAY, DECEMBER 31, 1964
BABSON'S BUSINESS AND FINANCIAL
FORECAST FOR 1965
(Continued From Page 1)
THE NYSSA GATE CITY JOURNAL. NYSSA, OREGON
Family Gatherings, Dinners Feature
Christmas Observance in Community
1 Q Cash dividend payments should increase in 1965 . . . al-
Holiday visitors in the Lewis* • Mr. and Mrs. Jack Duncan and
Xu* though at a much slower rate than has been the case Riggs
home were their sons, family of Rupert arrived Satur
For Winter Rites
Wayne who attends Oregon State day night to visit his parents, Mr.
N o assessment of finances in the United States can be university in Corvallis, Kay of and Mrs. Herman Towne; his bro
M * made without carefully weighing Britain’s plight. We
are convinced that unless the Labor Government adopts strict
Sunnyvale, Calif., and their son-
in-law and daughter, Mr. and Mrs.
Manning and family of
austerity measures, the pound will fall before the end of 1965. San Bernardino.
1 C Until the fate of the pound is resolved, short-term in are also visiting his brother. Mr.
Xu* terest rates must be kept high to prevent foreigners and Mrs. Deverl Manning and
from withdrawing their deposits held here. Also, domestic family, other relatives and
demand for credit promises to remain strong. Hence, interest friends.
rates will edge upward during 1965.
Mr. and Mrs. Jerry Bellon and
There may be some erosion in bond prices as interest family left Saturday for their
in Lafayette, Calif., after
• rates move upward, but there should be no massive home
spending the holiday week with
decline unless a real credit crisis develops. Investors making his parents, Mr. and Mrs. Joe
new purchases would do well, however, to stick now to bonds Bellon. Mr. and Mrs. Jim Jef
maturing within five years. Sometime during 1965 longer feries entertained with Christmas
bonds may become good buys.
dinner for the Jerry Bellon fam
Inflation fears may rise in 1965; but we do not look for ily, Mr. and Mrs. Joe Bellon.
runaway prices next year as productive capacity is too Mr. and Mrs. Floyd Rhoades,
Rodney and Rhonda spent Christ
mas day with her parents, Mr.
1 P More wage hikes are certain in 1965. Liberal conces- and Mrs. Walter Schumacher at
XO* sions won in the auto and other industries in 1964 pro Glenns Ferry. All of the host
vide tempting targets for the steel unions and secondary labor couple’s children and their fami
lies were present for the Yuletide
groups to shoot at in 1965.
To the extent — and this could be considerable — that gathering.
Holiday weekend guests of Mr.
• higher costs cannot be compensated for by price hikes and
Mrs. Rulon Trost and family
and greater efficiency, profit margins will suffer in 1965.
were her parents, Mr. and Mrs.
Of] Jnd®e<L despite the projected 2% cut in the corporate Art Wilson of Rexburg, Idaho,
faU* income tax rate next year, we look for only a very and Mrs. Trost’s brother and sis
slight overall rise in corporate profits . . . nothing to compare ter-in-law, Mr. and Mrs. Garth
Wilson and family of San Loren
with this year’s huge 20% expansion.
zo, Calif. They all left Monday
Labor disputes will be numerous in 1965. Many labor for California where the Art Wil
pacts can, and will, be reopened for wage adjustments sons planned to spend several
during the coming year.
days with their son and family.
Mr. and Mrs. William R. Cooper
00 Employment will continue favorable in 1965, but addi-
ufa* tions to rolls will be most noticeable in fields such as and Kelli of San Leandro, Calif.,
were holiday guests of his par
teaching, personal services and government work.
ents, Mr. and Mrs. Glenn Cooper
Little real progress will be apparent in the drive to re- and also visited her father, Bill
• duce unemployment. We are only now just “touching Kohl, Mrs. Kohl, Marvin and
Georgia of Nyssa and with rela
off” the big new explosion in growth of the labor force.
Due to rising labor costs, look for business to turn even tives at Vale.
* more to automation and labor-saving devices in 1965. Mr. and Mrs. C. W. Wernick and
left Saturday for their
Pressures on profit margins will spur cost-cutting and efforts family
Fullerton, Calif., after
to raise productivity.
spending a week with his par
Or Because of rising expenses and overwhelming competi- ents, Mr. and Mrs. C. A. Wernick.
mu * tion, a further increase in failures will be seen during Other holiday guests in the Wer
nick home were Master Sergeant
Mrs. Lawrence Graham and
As a result of automobile strikes in late 1964 and the and
sons who were enroute from Pro
fear of a possible steel shutdown in mid-1965, we look vo, Utah, to California. Sgt. Law
for a bulge in business volume during the first half of 1965. rence will begin duties on Feb. 1
0*7 In a nutshell, business should make new all-time highs at a station in Japan. In addition
fa/, in early 1965; after midyear, a tapering-off appears like- to the C. W. Wernick and Graham
families, Christmas dinner was
ly. However, 1965 will set another new record.
also served to Mr. and Mrs. John
OQ Following the strike interruptions of late 1964, personal DeBoer and sons of Ontario and
faO. income should move smartly ahead to new highs in the Mrs. A. Bartholomew.
first half of 1965 . . . although the rate of advance will slow Mr. and Mrs. Glen Weeks and
down after midyear.
family were weekend visitors in
This projected rise in income will be beneficial to re- the home of his brother and sis
• tail trade. And though buying in the second quarter ter-in-law, Mr. and Mrs. John
may be dampened by heavy income-tax payments due Uncle Weeks
Miss Karen Ellis, a student at
Sam on April 15 as a result of under-withholding during 1964, Denver
the last half of the year will find retail trade in certain lines recently university,
to spend the holidays
— such as furs and jewelry— spurred by President Johnson’s with her mother, Mrs. Beth Ellis.
promised excise-tax cuts.
Christmas dinner guests of Mr.
Qfi Th® important automobile industry should post another and Mrs. Ben Storm were Mr.
uU. excellent sales year in 1965, but as the year advances and Mrs. Elwood Standage and
Mrs. Bill Jacobson of Vale, Mr.
we feel that gains will be harder to come by.
Mrs. Clarence Jacobson and
01 The powerful building and construction activities should
family of Redding, Calif., Mr. and
□ 1. prove a strong support to general business during 1965 Mrs. Ross Harvey of Oregon
. . . even though we foresee no marked improvement. Some Slope.
gain in dollar volume will be largely due to higher costs. Mr. and Mrs. Roger Rusco and
Apartment building has been overdone in some sections and Michele of Winchester Bay arriv
a breathing spell is logical. One- and two-family houses could ed Christmas eve for a 10-day
post a small increase, but the big market for new housing is visit with their parents, Mr. and
still some years distant.
Mrs. Swede Johnson, Mr. and
00 Overextension of credit and overambitious operators Mrs. Vane Rusco, other relatives
um * have put the real estate market in a bind in many large and friends.
ther-in-law and sister. Mr. and
Mrs. Speed Porter and family,
other relatives and friends.
Mr. and Mrs. Dick Butcher were
Christmas dinner guests of their
son-in-law and daughter, Mr. and
Mrs. Rudy Marostica and family
Christmas dinner guests of Mrs.
Arlene Kasik and children were
Vern and Marvin Richards and
Mrs. Kasik’s father, the Robert
Ziegenbein family of Parma.
Christmas dinner guests in the
Wayne Simpson home were their
son and daughter-in-law, Mr. and
Mrs. Klair Simpson and Russell.
Afternoon visitors were Mrs.
Cheryl Simpson, Sheri and Craig
of Boise. Shelley and Dana Lynn
Simpson visited several days this
week with their grandparents,
the Wayne Simpsons.
Mr. and Mrs. Paul Penrod spent
from Thursday until Saturday
with their son and daughter-in-
law, Mr. and Mrs. Jack Penrod
and sons at Pocatello.
Ronald Forbess of Los Angeles
and Dennis Forbess of Palo Alto
left Sunday after spending the
holiday week with their parents,
Mr. and Mrs. Dick Forbess.
Christmas eve guests in the
Tom Weeks home were Mr. and
Mrs. Plais Johnson and family,
Mr. and Mrs. Glen Weeks and
family of Parma, Mr. and Mrs.
John Weeks and family of Seneca,
Denzil and Sandra Weeks. Christ
mas dinner was served to the
Glen Weeks family, Mr. and Mrs.
John Van Zelf and family, Mr.
and Mrs. Otis Squier of Boise.
Mr. and Mrs. Glenn Schireman
and sons of Medford arrived Sat
urday for a week’s visit with his
parents, Mr. and Mrs. William
MISS JOANN BARTON
... To Wed Melba Man
A winter wedding is planned
for Miss Joann Barton and Robert
Harris. Parents of the betrothed
couple are Mr. and Mrs. Cornelius
Barton of route 1, Nyssa, and
Mrs. Melba Harris of Melba, Ida
Miss Barton was graduated
from Adrian high school and
Link’s Business school in Boise.
She also served an LDS mission
in the Central Atlantic states.
Her fiance is a graduate of
Melba high school and is pres
ently engaged in farming near
The couple has selected Feb. 19
as their wedding date.
Mrs. Lyda Kohl spent Christ
mas day with a granddaughter,
Mr. and Mrs. Rex Sears and chil
dren at Payette.
Mrs. Edna Terry, Mike and
Tommy were Christmas dinner
guests of her parents, Mr. and
Mrs. Theron Wheeler.
Residents of Adrian Area Gather
For Holiday Dinners and Visitations
Mr. and Mrs. Carl Lovitt and
By Mrs. G. E. Mackey
ADRIAN —Mr. and Mrs. Glen Alan were Christmas eve dinner
Brown entertained on Christmas guests of her parents, Mr. and
eve with a family dinner and Mrs. G. E. Mackey. The Lovitts
gift exchange for Messrs, and were hosts at a family dinner on
Mmes. Bob Brown and family, Christmas day for Messrs, and
Jim Moncar and Kristine of Boise, Mmes. Lee Lovitt and Judy of
Robert Eastman and family of Parma, Larry Hunter and family
of Caldwell, E. M. Mackey, G. E.
I Mackey and family.
Mr. and Mrs. Robert Long and
Wayne Sparks left Saturday to i Receive Christmas Call
visit for several days with Long’s ■
Mr. and Mrs. Bruce DeHaven
daughter, Mr. and Mrs. Al Goff and family, Mr. and Mrs. Larry
and sons at Lakeview, Ore.
DeHaven were holiday guests of
Mr. and Mrs. George Cartwright their parents, Mr. and Mrs. George
visited Christmas eve with her DeHaven. The Larry DeHaven
mother, Mrs. Alma Hibbard of family remained for a longer visit.
Notus. Mr. and Mrs. Ray Cart The family received a telephone
wright and Clyde Cartwright call on Christmas morning from
were Christmas dinner guests in their daughter, Linda.
the George Cartwright home.
Mr. and Mrs. Max Linville and
The Rev. and Mrs. Harold Rob family spent Christmas eve with
bins and Patty of Jerome, Mr. and his parents, Mr. and Mrs. Don
Mrs. Henry Day were Christmas Linville. Mr. and Mrs. Pat Lin
afternoon visitors in the Claude ville of Seattle, who are visiting
Day home. The Rev. and Mrs. relatives, were Sunday evening
Robbins and Patty and Mrs. Ha guests in the Max Linville home,
zel Scott of Boise were Christmas i Mr. and Mrs. Oliver Freel and
dinner guests of Mr. and Mrs. 'family were Christmas dinner
guests of her mother, Mr. and
Mrs. Frank Bicandi.
metropolitan areas. We strongly advise caution in making
new commitments, especially in commercial real estate where this country, in the face of a world-wide trend toward tighter Mrs. Beth Ellis and Karen were
credit, will greatly increase the danger of a later inflationary Sunday dinner guests of Mr. and
a thin equity exists.
Mrs. Bill Looney and family.
00 However, even if scarcer than in recent years, there blow-off. Conditions remind us of the late 1920’s when the
Mr. and Mrs. Glen Pounds, Mr.
uu* will still be opportunities for selective purchases of real support the British pound. Hence the eventual collapse came and Mrs. Richard Holly and fam
estate in 1965. Each area is a law unto itself. Know your from an even more dangerous level.
ily were Christmas dinner guests
locality and study the direction of growth trends. Farm land
Mr. and Mrs. Glen Brown.
It is unlikely that the United States will raise the price
bought in the path of expanding suburbs may be a better
Host Yule Dinner
of gold during 1965. However, we may see the calling
long term buy in 1965 than stocks.
Mr. and Mrs. John Long of
0 4 Nonfarm real estate foreclosures will continue in an up-
Nyssa, Mrs. Ethel Bott, Mr. and
u** trend during 1965. This should be particularly true in financial situation and to attempt greater liquidity for world Mrs. Homer Bott of Cambridge,
regions where overbuilding of speculative homes has taken
Mr. and Mrs. Charles Merritt and
place and where cutbacks in defense spending cause local dis yiyi As far as gold stocks are concerned, they are already Jim Glennon of Emmett, Mr. and
high and should only be held in 1965 as insurance Mrs. Bill Looney and family
the long-range trend toward higher world prices for were Christmas dinner guests of
OE Productive farm land that lends itself to mechanization
Mr. and Mrs. Robert Long.
uu* will not decline in price in 1965. Rising use of farm
Miss Pat Hodge of Wilder, Mr.
equipment makes it necessary for operators to cultivate ever-
and Mrs. Robert Long were
larger spreads. This trend is maintaining the demand for
to consider a new silver coinage act. If it is not passed in Christmas eve guests at the home
fertile acreage in the farm belt.
of Mr. and Mrs. Bill Looney and
OP As 1965 begins, prices for agricultural products are gen- 1965, it will be shortly thereafter.
Returning to the all-important foreign scene — since we
Mr. and Mrs. Rolland Mills of
uU* erally well above their lows for 1964. Unless severe
N. D., arrived last
widespread drought intervenes, we look for no more than
seasonal strength in agricultural prices during the year ahead. World — we forecast further instability among the Russian Thursday evening and stayed
Ross Mills until Saturday
In a word, we do not see any near-term important uplifting leadership. Khrushchev’s ouster marked only the beginning with
of the coming power grab in Moscow. The real leader has when they left for California to
forces on the farm scene.
attend the Rose Bowl game.
not yet emerged.
nn The situation in industrial commodity prices is some-
Mr. and Mrs. Rolland Mills and
u/. what different. With business heading higher in the
Ross Mills were Christmas dinner
tion of control in the United Nations will force the guests of Mr. and Mrs. Chester
first half and with labor costs scaling new peaks, industrial
States in 1965 to take action alone when vital spheres Mills. Mrs. C. R. Mills was also
commodity prices, with some exceptions, will push upward
are violated. The UN will become even more of a dinner guest and Ross took her
at least during the coming six months.
a debating society, and month by month the chances grow back to Caldwell on Christmas
HQ Living costs will also rise to new all-time heights. And, dimmer that we will ever again see the United Nations troops evening.
UU* since President Johnson is committed to getting Medi used for rescue operations such as in Korea or the Congo.
Larry Mackey was a Sunday
care passed at this session of Congress, look for hospital,
guest of his grandpar-
Following the British crisis. General de Gaulle will
nursing and doctors’ fees to spurt before the end of 1965.
work even harder than ever in 1965 to unite Europe as ents, Mr. and Mrs. E. M. Mackey.
QQ Even with federal income taxes already slated to drop a great third force between Communism and the United Guest* in Willi* Home
Uu* a notch next year and with prospects excellent that ex States. President Johnson is well aware that the winds of
Mr. and Mrs. Bill Willis enter
cise taxes will be cut, rejoicing should be restrained by the change are blowing strongly in Western Europe. 1965 could tained on Christmas day for Mrs.
knowledge that local taxes will take another uptwist and see the beginning of the end for transatlantic union as envi Charlotte McGinnis, Wayne Wil
social security levies will rise again . . . even faster after the sioned by U. S. administrations during the past two decades. lis and Mrs. Mildred Vaughan of
Boise, Jackie Hansen of Payette
89th Congress enacts Medicare.
World-wide credit problems and restrictions on trade and Billy Willis of Ontario.
ylH Climbing capital goods outlays will be one of the bright-
• cast dark shadows on investment prospects abroad. Mr. and Mrs. Jay Hoover of
4U* est spots for 1965. Gains over this year could run as Many nations which have shown great growth during the past Parma, Mr. and Mrs. Grant Winn
high as 10%.
20 years will be poor risks for new commitments during the of Boise, Mr. and Mrs. Lee Winn
visited Christmas eve with Mr.
Further progress in United States exports will be harder year 1965.
Mrs. Earl Winn and family.
. to achieve in the coming year. Certainly, if the steel
ln conclusion, we recall the statement of a former Pres- and
Hoover of Caldwell and
labor outlook appears bad by mid-spring, heavy imports of • ident of a South American nation: That the U. S. A.
Parks of Lafayette, Calif.,
foreign steel may be resorted to by U. S. businessmen. This prospered so greatly because its founders came to worship Greg
visiting for several days with
would result in a narrowing of our favorable trade balance God ... as opposed to countries whose settlers went to wor a are cousin,
and have a further adverse impact on the U. S. international ship gold. Surely we can hope to prosper in the future only Mr. and Mrs. Paul Parker of
balance of payments.
as we recognize that righteousness and morality must be as Ontario were holiday guests of
in Although we are not forecasting runaway inflation for important as analysis and statistics as springboards for new his parents, Mr. and Mrs. Vernon
Parker and family.
4fa. 1965, we do feel that attempts to keep money easy in business ventures during 1965 and in all the years ahead.
Vicki Newman Installed as Queen
01 Bethel 33 in Candlelight Rites
Officers of bethel 33 of the In-*
ternational Order of Job’s Daugh
ters were installed Dec. 28 in a
candlelight ceremony of the 23rd
Psalm. The tapers were lighted
by Susan and Sally Holmes and
Pam Bybee was in charge of reg
istering the guests.
Vera Olsen served as narrator
of the Bible verse and read the
names of officers as they entered
the bethel room. As all knelt in
the cross, Judy Wilson sang the
The Bible was escorted by
Mary Pond and Carol Pond serv
ed as flag bearer. Marilyn Gon-
yer was installing officer of the
evening and was assisted by
Carolyn Lowe, guide; Mary Kay
Olsen, marshal; Pauline Butler,
recorder; Mary Lou Lancaster,
chaplain; Barbara McPartland,
musician; Pam Alexander, junior
custodian: and Kathleen McPart
land, senior custodian.
MISS VICKI NEWMAN
. . . Presented Queen's Gavel
Bethel officers installed includ-
ed Vicki Newman, honored queen;
Lynda Cundall, senior princess;
Trudy Olsen, junior princess; | Christmas Party Held
Shiela Huffman, guide; and Tere By Eastern Star Unit
sa Hamilton, marshal.
I Golden Rule chapter 131, Order
Other officers installed were of Eastern Star, held a regular
Linda Wilson, outer guard; Diane meeting Monday evening, Dec. 21,
Jennings, inner guard; Cookie in the Masonic hall with Worthy
Cole, recorder; Cille Tracy, jun Matron Patricia Marcum presid
ior custodian; Jerri Ableman, li ing.
brarian; Cheryl Wilson, chaplain;
As officers entered the meeting
and Linda McPartland, treasurer, i I room, they were presented with
Messengers are Karen Main, j I a felt ornament containing gifts
first; Bonnie Steiner, second; from the worthy matron and pat
Laura Mackey, third; Florene Ky- ron.
gar, fourth; and Nancy Boydell,
A Christmas program was pre
fifth. Jane Timmerman was in
under direction of Lois
stalled as musician; Christy Nel
son, senior page; Connie Holcomb, Cartwright. Those participating
junior page; Joann Timmerman, were Lois Williams and officers
Joyce Jennings and Kathy Nel including Thelma Huffman, Ma
rie Holmes, Bonnie Sappe, Nancy
son, ladies of the lights.
Goodell, Claudine Garrison, Betty
Choir members include Alicia House, Louise Wernick and Jessie
Huffman, Linda Root, Gloria Hol Brown.
ly, Joann Timmerman, Connie
A gift exchange and social hour
Holcomb, Deborah Root, Joyce
Jennings, Christy and Kathy Nel concluded the evening’s activities.
Varieties of Christmas cookies
Judy Wilson sang the “Lord’s and candies were served with
Prayer” as Marilyn Gonyer, re coffee by Mrs. Irma Myers, Mr.
tiring honored queen, signed the and Mrs. Paul Penrod.
Next meeting will be Jan. 4
Escort and introductions in and has been designated as obli
cluded Mrs. Leona Miller, grand gation night.
fourth messenger and guardian of
bethel 25, Ontario; Vera Olsen, Mrs. Bybee Hosts Parties
grand deputy; Dr. L. A. Maulding, For Garden, Samba Clubs
past associate grand guardian of
Town and Country Garden club
the state of Oregon; Patricia Mar members met Dec. 17 at the home
cum, worthy matron of Golden of Mrs. S. P. Bybee for their
Rule chapter 131, OES; Earl Jen Christmas party. A potluck din
nings, worshipful master of Gol ner was served and the women
den Rule lodge 147, AF&AM.
Others introduced were council
members, Job’s Daughters from I Mrs. Bybee entertained the fol
visiting bethels and past honored lowing day for members of the
Samba club. A Christmas theme
The new honored queen was was carried out in decorations
presented a gavel by her family and refreshments.
sis — sjs
and received the queen’s pin from
Chuck Corak. Mr. and Mrs. Bob
Marilyn Gonyer. She was also
presented a gift from Golden Giles and Scott were Christmas
Rule chapter 131. Marilyn was dinner guests of Mrs. Giles’ par
given a gift from bethel guar ents, Mr. and Mrs. Kenneth Reece
dians, Mr. and Mrs. Earl Jennings. and family.
A reception was held in the
Masonic hall following the in
stallation ceremony. Mary and
Carol Pond presented several vo
cal selections with guitar accom
Miners Host Bridge Club
Mr. and Mrs. Harry Miner en
tertained Saturday evening for
members of the Mr. and Mrs.
Bridge club. Guest players were
Mr. and Mrs. Neil Dimmick and
prizes were won by Mrs. Gordon
Oxnam and Fred Guthrie.
Mr. and Mr*. J. Elwood Flin
ders and Gail were Dec. 24 over
night and Christmas dinner guests
in the home of their son-in-law
and daughter, Mr. and Mrs. Mar
vin Wilson and family at Jordan
127 Main Street
AT THE NYSSA HALL
— by the —
9:00 p.m. to 1:00 a. m*