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Arizona Republic from Phoenix, Arizona • Page 55

Publication:
Arizona Republici
Location:
Phoenix, Arizona
Issue Date:
Page:
55
Extracted Article Text (OCR)

REPUBLIC REPUBLIC Sunday, December 22, 1937 The Arizona Republic, Phoenix, Arizona Tape 12 (Section 1) Week In Hiisinoss Exhaust Problem Solved? 1 TT I 1 190 llul i 185 1 180" 1 YulcPicliires Mixes Cheer, Pessimism By WALTER BREEDE JR. NF.W YORK (AP) The ploom shrouding lie nation's business lifted at a couple of spots this week, and thickened in several others. The Christmas shopping season roared to a climax in a blaze of artificial liht. Shoppers, no longer hesitant, fought their way into jam-packed department stores and suburban shopping centers. Consumption of electricitv smashed all prior records as merchants t.nicd nn the Christmas lights LfldlllJl car, but lorn still led in sales.

Despite higher production by ne rniet and Hammer, lota passenger tar output this week was down nearly in per rent from a year ago. Production for Ih year passed the six million mark, but Detroit sources said there was little hope it would reach the announced 1 057 goal of 6.200,'HIO. STF.ri. output estimated bv Rill I HOG ui I VO r-n 1 lit I ,85 rA' IgO-l 1 WSvft i onrl i7o 11 i Mi- i'" I ,60 1 1 1 1 AP AVERAGE 60 STOCKS 957 i III )60 11 OF I JL NAL.I55 iowf ifj I .150 Sti-rf Novtr Stones in rrg. lining York Cilv were lost during a crippling suhvi.iv strike.

In Chi lliii chsion M- MrBam. ihairman of Marshall 1 icld A .1 s.vd Dei ember sales nf the huge sliii should set ii entire a new high November- 1Vvrmbr business may fveed last year's figures Mnrtgnmcry Ward A prnud-! pr l.nmed a new weekly lernrd in mail order sales. AWAY FROM the bright the American Iron A Sieel ture at 1.7.19.000 tons was the Yirlv ifH Chart shows how AP average downtown, (hristmas cheer was lowest in three years for a strike-Uncial ith pessimism. free week. Steel scrap prices layoffs were in prospect for moved up for the first time in thousands of workers producing months, hut this was due to for-ement, automobiles, typewriters.

fign demand rather than any in-television sets, ami textiles. crease in domestic operations. Chrvsler announcing a 'j'h, oil industry sraled down drastically curtailed production demand forecasts. Texas made ordered a two-week hoi- a further cut in the state's "allnw-idav shutdown of us DeSoto and able'' oil production for January. i i.

out 1957. Early in year it declined, piercing 1956 low on discouraging industry reports. Then it recovered and mounted five-month advance which almost reached bull market high of April 1956. Raise in discount rate caused market to fall swiftly, its decline speeded by defense cuts and Russia's Sputnik 1. Market sank in October to its lowest point since early 1955 then jig-fled uncertainly as forecasts were for business downturn in first half of 1958.

(AP Wirephoto Chart) On ioil Members of Phoenix Chamber of Commerce Inter-City Rela-11 ijULtUlUIl tions committee annually visit many Arizona communities in program of good will and mutual helpfulness. Among Phoenix business men who made trip to Flagstaff and visited Glen Canyon dam site were, from left, A. V. K. Babcock, W.

F. Wylie (project engineer at the site), S. A. Ward, W. E.

Pickrell, and James T. O'Neil. Inlcr-Cifv Itplalions rominif too CofC Travelers Have This Aim: Unite Towns To Boost A rizona It ro uii IBM Phoenix Brunch ToE. i'pandOffices Expansion of International Business Machines' Phoenix offices at N. Central Ave.

has been announced by Donald E. Cooley, IBM branch manager for Arizona. Cooley said the expansion results from the firm's "fabulous" growth in this state. IBM's business here increased 72 per cent Dodge divisions in the Detroit pica and a one-week Hosing nf Ml. inrl rhrVsIlT 1 1 sinn planrs.

i ne annum" t-u son: to nuns pminu ter balance with dealer inventories. FORD reported new layoffs at Rahwav, Chevrolet, still f. Ar-iU I I engen duction derby after setting a new weekly high of nearly t.i.OOO i Warehouse Unit Formed In Phoenix Formation of the Nalional Ware-j house Receipt System with headquarters at Stn N. Central Ave. in rhornix has been announced.

Twenty-two warehouse companies representing 37 major marketing areas throughout the nation are represented by the new or-panization. According tn a spokesman for group, li new Is keyed to bank financing P-' the croup, the new organization 1 i i many hours as well as funds from their own pockets in traveling across the length and breadth of Arizona. THE THREE basic activities of the committee are tours to communities, community visitations, and turnabout receptions. Under its tours programs, the committee during 1957-58 will visit some 26 communities. Most of the tours are far two days and they usually are held on Fridays and Saturdays.

They generally include luncheon and dinner meetings with businessmen and chamber of commerce members and visits to the host community's major business and scenic attractions. Sometimes they coincide with a local event being held in the community. In all cases, members of the committee have the opportunity to discuss with their hosts mutual problems, or to ex- cn A i ou niuiKs veil icu cn though IBM has occupied its present quarters only for a short period, these quarters are already too crowded. During the past year, the Phoenix office staff has increased 35 per cent to some 90 persons. Cooley joined IBM in 1950 in Los Angeles.

He came to Phoenix in I95fi from the firm's Long Beach office, where he was a sales representative. HE WILL spend January at the firm's New York world headquarters, then will go to San Francisco where he will be joined by his wife and son. He presently resides at 3515 E. Stanford Dr. He is a member of the National Sales Executives Club and Phoenix Executives Club.

Warren C. Palmer, coming from IBM's San Diego office, will succeed Cooley as Arizona branch manager. Sl. Louis Radio Station Sold WASHINGTON W. Kluge, Washington food broker, and Mark Evans, radio and tele vision personality, have sold Station KXLW, St.

Louis, for $500,000, it was announced yes terday. Visiting neighbors may be only a Christmas holiday habit for many, but for the Inter-City Relations Committee of the Phoenix Chamber of Commerce it's a year-around activity. Despite its year-around policy, however, there is little doubt that founders of the committee more than 12 years ago had a key Christmas principle in mind. That principle is reflected in the organization's published objectiveto unite all communities of the state in a program encouraging the growth and development of Arizona and to build firm foundations of community goodwill and mutual helpfulness. "In effect," the committee's operational directive points out, "every member of the committee is a goodwill ambassador." To perform the committee's functions, its 58 members whose names read like a who's who of Phoenix businessmen, devote Arizona Oil Railroads reported rent drop in freight a 15.9 per arloadings from a year ago ana asuea me Interstate Commerce Commission' for a new round of freight rate increases averaging 3 per cent.j This would be on top of the 15 rf.n hnost granted by the ('(' last August.

AFTER A dismal performance.1 1ed hrisky hlP in the lhal PrAnra, Reserve officials would make new moves to ease credit. When nothing happened, the stock market Ixigged down again. The government's index of con sumer prices, which leveled off in October, moved higher again last month. Practically all Ihe increase, however, was due to higher price tags on newly introduced 11M cars. Food prices were down three-tenths of 1 per cent last month.

In January, food costs are ex-i ported to move up a bit 'prices of autos, appliances, and rlothing should be lower. I'sed car prices are trending lower now. WHAT'S THE outlook or There were a number of forecasts this week ranging from the depths of despair to cautious op- and couW take your, nnP bv Serretarv nick Here's one bv Secretary flh()r MlI.lf.: There will bel ctmal eco.io.MK. nexi vear won umic "more strikes, but no serimis reressjon And business should lrn up around the middle of the year Even more optimistic was Snl(h DndL-e Corn. The chief reason business is declining, .1....

Crttitnib he Said, IS lll.ll mim land President Eisenhower's stroke "scared the pants off us. He said a pickup in construction will bolster the economy next year. BRIEFLY ov er the business Board's index declined in No vember to per rent vrmher to 1M ner rent of the M- average, loss imiiist talk of recession I eisewnere, mammu.u, i ai nnn. ing macnines, mugs, and automatic pin setting ma-j chines for bowling alleys continue! tn report record sales and prof-j irmra Siee I orp. an nounred plan for a merger with National Supply Co top manu- racturer of oil field equipment.

u' Cm.in con nf a Chicago clothing manufacturer, nresident of Westing- house Hertiie Corp. l.wilvm Price continues as chairman. 1 eon Henderson, wartime boss of OP was elected president of Doeskin Products Inc. follow- ing a top-to-bottom reorga 'iniation of the Doeskin board. ment store sales last week were up tliree per rem mi aco wnn i oi ine i- sprvP distncts reporting improved busines cics.

He said members are TWO PHOENIX men report they may have a system to eliminate the automotive exhaust problem. They claimed the low-cost setup will: Eliminate deadly carbon monoxide during norma engine operation. Keep irritating carbon from the air by forming it into tiny pellets which drop harmlessly to the ground. Eliminate noxious gases by disposing of them in the form of water and a phenol-group gas which is actually a germacide. They claim it increases power and miles per gallon by creating oxygen for the engine to burn and boron nitride which acts as a high-temperature lubricant.

two units are already in use! on a 195(5 Chrysler and a 1956 Plymouth. 1 i Two other units are being test- ed in a fork lift and a tug built i by Clark Equipment Co. and' owned by the Sun Development i Co. ASSOCIATED in a new Valley of the Sun Development Co. are Jim Bridgewater, 20, of 2023 N.

26th and Frank Gentile, 32, of 940 E. Turney. Bridgewater is jthe son of a trucker and Gentile lis a physio therapist at the i Veterans Administration Hospital. They've opened offices in an old barbershop at 3153 E. McDowell.

Bridgewater said he will go to Battle Creek, next month to talk to Clark Equipment Co. engineers about the system. Naumann said the systems were installed on the Smart Final equipment after one of the warehousemen became ill from carbon monoxide. "I think the hovs have really jgot something," said H. A.

Yancy, warehouse foreman for Smart Final. Spcrry Sets CompassRun Production quantities of the new Spcrry C-ll compass system will be built at the Sperry Phoenix Co. plant in Deer Valley. A company spokesman" said the compass system will enable air crews to navigate precisely over areas where ground radio facilities are not availahle and at latitudes in which magnetic compasses are unreliable. Sperry and Douglas Aircraft announced jointly that the new system will be standard equipment for the DC-8 jet airliner.

$400 Given ASC By Standrad Oil FLAGSTAFF (Special) Standard Oil Company of California has Recipient of the scholarship for the 1958-59 college year will be (announced in the spring. The scholarship will be awarded on the Dasis 01 leadership, scholastic acnievements ana unanciai neea. The award is part of a nation- wine cuucauoridi aiu am sponsored by the oil company. across state lines into New Jersey. BUT THE LAWS apparently lack teeth sharp enough to bring 100 per cent compliance.

A convicted violator of the Pennsylvania law can be fined only $4. or imprisoned six days in default of the fine. In New Jersey there is no penaltyhence little enforcement. To force some compliance, however, various local municipalities have passed Sunday closing ordinances. One now is under attack as unconstitutional in New Jersey's supreme court.

There are business boycotts, too. The Council of Churches of Greater Camden (N.J.) and the Camden County Ministerial Association have urged their membership to patronize only stores that observe Sunday closing. This theme is the subject of many recent sermons. The current controversy blew up over a move by two big Ailentown department stores to open on Sunday in December to compete with discount houses and markets that were siphon during 1957. Cooley said this growth reflects the overall growth of business and industry in Arizona during the past few years.

He also announced that effective Jan. Cooley I. he will be transferred to the firm's western regional headquarters in San Francisco as administrative assistant to the regional manager. THE IBM offire here present fi.000 square feet at the front south side of the Cen tral Plaza Building. The firm will acquire 2.500 more square feet of office space on the second floor of the building emmidately above the present office.

Cooley said the reception desk will remain on the first floor and entrance to the second floor will be by a stairway to be con- structed in the main office. Administrative and sales of- fices will move to the second floor but the service bureau will remain on the first floor, Cooley said. HE POINTED out that al Aula Auction Set Jan. 7 Sun Valley Auto Auction lnc.lr. mia ii' c.

a r- c. 1 i I Drilling, Lease Activity Marked In Cochise County By GIG KNEELAND inn inin tho Linrl nf nun Mr ware-! h'- r. housing hich permits a borrow-1 er to use his inventory as security er a loan without moving the goods. This is done by the ware- houseman making the storage; of the borrower a branch or "Held warehouse oi nis com- T'lnv- nrflrnrc nf iho now nrcani7a-, tion. all from the Valley area, are: Julian Kerr, long active in the warehousing business; Harry C.

Wilder, vice president, former New York State business man: I Orme ewis, former assistant scene: s(cretary of the interior: amf production as E. Refsnes. partner in the bv Federal Reserve tend advice or suggestions when requested. When the committee first started its tours programs, it was met at some communities with suspicion and doubt. Today the tours are greeted with friendship and enthusiasm and have proved beneficial to both visitors and hosts.

ALREADY this year, the committee has visited Yuma, Som-erton, Wickenburg, Yarnell, Salome, Congress Junction, Wen-dcn. Aguila, Quartzsite, Buckeye, Gila Bend, Ajo, and Rocky Point (Mexico). Through May. the committee will visit Tombstone, Bisbee, Douglas, Agua Prieta, Mexico, Kingman, Needles. Winslow, Hol-brook, the Painted Desert, Se-dona, and Oak Creek.

Under its community visitations activity, the committee sees to it that delegations sent to Phoenix by a community for whatever purpose receive an adequate reception. Every effort is extended to lend support and interest io their visit. The turnabout receptions activity results in the committee periodically inviting delegations from other communities to Phoenix at committee expense for a day and night of pleasurable events. The object is similar ro that of the committee's tours, to show the visitors the progress and sights of the host city. ALL THESE activities can be costly, and the costs for transportation, dinners, and even for the turnabout receptions in Phoenix, are borne by the members.

Some firms donate funds to the cause and others donate gifts that are presented during the committee's trips. Membership on the committee is limited to those men whose business interests are statewide, thus assuring their interest on a state level. Since committee members travel widely on their goodwill junkets and often bear gifts, the Christmas holiday seems a good time to recall their activities that aren't limited to the holiday season. East last Sunday found "substantia! compliance with the law." IN LACKAWANNA County, around and in Scranton. District Attorney Carlnn M.

O'Mal-ley outlined enforcement plans ti all police chiefs. In Philadelphia it was business as usual. Hundreds of stores in the Quaker City are open on Sundays, continuing a practice that goes back 50 years or more. Pennsylvania's so-called "Blue Law" covers virtually everything. Its quaint colonial legal-ese contains these phrases: "Whoever does or performs any worldly employment or business whatsoever on the Lord's Day, commonly called Sunday (works of necessity and charT ity only excepted), or uses or practices any game, hunting, shooting, sport, or diversion on the same day not authorized by law, shall, upon conviction thereof in a summary proceed, ing, be sentenced to pay a fine of four dollars, Cochise County is the scene of the state's newest oil activity.

Drilling permit has been issued by the state to L. A. Thomson of Cisco, for an exploratory well in San Simon basin about 15 miles southeast of the town of San Simon. The well, known as State No. 1, is in Sec.

10, T-16-S, about a mile east of where Portal Drilling Co. has an uncompleted test well. THOMSON AND associates hold leases on about 25,000 acres of federal, state, and fee land in the area on assignments from C. E. Pierce.

Other activities in Cochise County include the leasing of around 50,000 acres in the extreme southeastern corner along the Mexico-New Mexico The announcement said the Arizona State College at tion has been bought by Big Sig-jFiagstaff $4oo to provide a nal Radio owned bySCh0larship for a deserving stu-R. J. Miller, executive of a York finance a v. and: "-'sua Swift Homes, nounced it will hold its first car Va sale Thp neii firm nrrunies qnoon! Billboards on outside Fn nf streets roads, and plazas are banned in Denmark. Such signs are permit- iea oniy on premises oi a ousi- ness.

Phoenix firm of Refsnrs, Elv Berk Co. Glenn C. Tavlor, former senior ien nrnc idfmf nl (hf p' tional Bank, is chairman of the beard. Board members from An' zona include Ralph A. Cash.

Vi! 1'am G. Coffin, and Richard Hance. Dradlinr Kxtomlnl or (irain Storage WASHINGTON (AP)-The agriculture department announced yesterday that the deadline for storing pram sorghums under price support loans and purchase as: cements has been extended one that is. through Feb. lis.

The extension is to gie producers more time to find storage and to drv the gram sufficiently to make it eligible (or storage under pnee support programs. Sabbath Laws Stir Controversy In This leasing is said to result from extensive geophysical explorations in the ABOUT 33,000 acres are held by Wallace Tanner, Kenneth W. Zindena, and C. A. Cosgrove, all of Phoenix.

Another block of acres the limit for any one person is reported held by Harold W. Sco-ville, also of Phoenix. Scoville's leases are just west of a lease-block of 30,000 acres held by Sterling Oil Co. of Oklahoma. In all, about half the area of Cochise County now is under oil and gas leaseholds.

Southwestern Oil Co. is drilling a wildcat about 12 miles southeast of Tombstone, but at last report was temporarily shut down. warranto proceedings against "two guys from Harrison." THIS iMEANS that management of the store must show why their corporate license should not be taken from it on grounds of deliberate violation of Pennsylvania law. Its legality has yet to be tested. As the crackdown proceeded, other communities joined in.

There was enforcement and fines at Harrisburg, New Kensington; Harrison Township, outside Pittsburgh: and in Lancaster and Northampton counties, Pa. Employes of discount store at New Kensington kept a sharp vigil for police last Sunday. When Officers were spotted the store's loud speaker blared "Here Comes Santa Claus" and immediately the bargain prices became exorbitant, aimed at preventing police from making a purchase which is necessary for arrest on District Attorney Huette F. Dowling of Dauphin-County said a tour of the Harrisburg area Business At A Glance The following table lists operating results in major lines of business and finance last week, compared with the preceding week and a vcar ago. square feet at the Washington Street address where it has lo- cated an ottice building and cano- pied area.

ulew Bennett president of company; Jar iLayton. vice. mm in iviav, nair tarv-treasurer. All are from Phoe- mx- while the firm will auction cars1 hr nnomn tr. hnih pr and in- djvdu, sae8 wlM be made onlv to dealers.

Following the first sale, auctions! will be held every Tuesday. The new firm indicates its faith in Arizona sunshine by offering feed those attending sales if should rain that da v. to it Scars Board Chairman To Speak Here Theodore V. Houser. Chicago, chairman of the board of directors, of Sears.

Roebuck and will, speak at the 20th annual meeting of the National Cotton Council in the Hotel Westward Ho Jan. 13 and 14. Houser joined Sears in 1928. He' became vice chairman of the board of directors in 1952 and succeeded Gen. Robert E.

Wood as ing off a portion Christmas trade. of their CHURCH AND citizens groups protested vehemently, bought newspaper space, circulated petitions, held meetings. Lehigh County District Attorney Paul McGinley promised to prosecute and the department stores, feeling they made their point, remained closed on Sundays'. McGinley carried out his promise. He issued warrants for the arrest of 111 employers and employes of establishments operating illegally on Sunday.

Many fines were meted out. "Two guys from Harrison," the largest firm cited in Lehigh County, said it would appeal to the Pennsylvania Supreme Court and continued to do Sunday business. McGinley considered filing conspiracy charges against this Ailentown area store. Then Pennsylvania's attorney general, Thomas D. McBride.

stepped in, said the state justice department would bring quo By LEE LINDER PHILA I A (AP) -Should the business world he required to observe the Sabbath? The issue is a current controversy in Pennsylvania and New Jersey. Pressures against Sunday business are increasing all over the nation with church groups leading the fight. It's not a brand new issue. In Pennsylvania no work on -Sunday law has been on the statute books since 1794. New Jersey, too.

has had a Sunday ban since Colonial days. Thirty-seven other states also have laws banning non-essential work on Sundays. But a law is only as effective as its enforcement and such enforcement has been virtually non-existent, except in scattered instances, for many years. A new effort to force obedience of the law was launched in Ailentown, early this month. It has mushroomed through the Keystone State and Latest wk.

Prev. wk. Year agn S'rel prod (per rent of cap) 7 1 69.2 ln2.fi Freight carloadings WR.fl.tS KIT.S:! Misc. freight 314.2:9 Auto prod, (units) 1 159.2(53 I75.19R 1S9.S26 Soft coal prod, (tons) S.lli.oof) 9.070.HO0 in.S.l.i.OOfl Crude Oil prod, (bh's) f5.729.4rtn 5.fi9fi.350 7.215,600 Engineering awards $226,549,000 $456,57 1.000 Paper prod, (per rent nf cap) 90.7 90 6 9S 4 Paper board prod, (per cent nf cap) 92 0 S4 0 95.0 Stork sales (shares) 13.173.320 1 1.4K7.210 11.264.577 Bond sales (par value) $27,343,500 $30,035,000 $28,542,000 Birs. failures (number) 2(59 2S7 249 Wholesale prices (BLS index) UK 2 US 1 116 1 (Fina three ciphers omitted in following) pnuer prod, (kwh) 12.

570.000 12.315.000 12.220.000 Bank clearings $25,004.40 $25.696. 838 Demand deposits $56,630,000 $55,389,000 $58,266,000 Pjsiness loans $31,136,000 $30,342,000 Excess reserves $636,000 $432,000 $613,000 Treasury gold stock $22,770,000 $22,766,000 31,927,000 $753,000 Money in circulation $31,973,000 $31,827,000 i.

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