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Laurel Outlook from Laurel, Montana • 1

Publication:
Laurel Outlooki
Location:
Laurel, Montana
Issue Date:
Page:
1
Extracted Article Text (OCR)

'wv- LAU OUT a Official Paper of Yellowstone County VOLUME 35-NO 26 LAUREL MONTANA WEDNESDAY DECEMBER 29 1943 FiyE CENTS ENT TAKES OVER ALL FORECAST FOR 44 GERMANYS FA I Business Prognosticator Looks For Higher Sales In Dollars But Less Goods Changing Hands Sees Approach Of Easing Taxes President Roosevelt Acts By Ordering Seizure Secretary Of War Takes Carriers At 7 Monday Night THUMBNAIL OUTLOOK FOR 1944 1 General Year 1944 should be divided into two parts: (a- From Janl to date of Germanys collapse and (b) from said date to Dec 31 2 Production Babsonchart index will average around 130 about 12 bejow 1943" 3 Commodities Strength in various commodities should be followed by renewed weakness 4 Sales Retail sales dollar volume will average higher for entire year but physical volume will be down 10 5 Labor Pressure for higher wage rates will continue throughout the year' with more labor troubles and more wage increases than in 1943 6 Stocks If the market is low when Germany cracks it will then go up but if then high it" will go down President Roosevelt Monday night ordered government seizure of the railroads threatened with a strike by three unions scheduled for Dec 30 The chief executive directed the secretary of war to take over the carriers at 7 He acted through an executive order signed an hour before Although tyro of the five operating brotherhoods and 15 non-operating rail unions had agreed to call off a strike set for Thursday three operating brotherhoods had pot accepted the presidents offer to arbitrate their differences with the carriers The-Brotherhood of Locomotive Engineers and Brotherhood of Railway Trainmen had agreed to let BUSINESS AND FINANCIAL OUTLOOK FOR-1944 By ROGER BABSON 43 Taxes Collected In County To End Of November Total $7147693 The 1943 taxes collected to Nov 30 totaled $114769358 County Treasurer Orville Berry said this week The levied total was $1767-73025 of which $99616401 was due and payable by Nov 30 The Amount Fund Collected County All Levies 22851009- Special Poor $200 per person 2225200 Special Weed Control 488274 State All Levies 5663384 Stiate Special Livestock -224449 County-wide School Levies I 23219872 Individual School Districts 19407776 City of Billings 30321843 City of Laurel 1885641 Town of Broadview 42365 Irrigation Districts I t' 4792720 Drainage Districts 2921290 Rural Improvement Districts 694974 State Hail Insurance i 30561 percentage of delinquency' in 1942 and was whittled in 43 The following are the this week by Berry: Tennis Players Have 12 Games Christmas Day At North Park Twelve games of tennis on Christmas day at the courts in Laurel's North park is considered a mid-winter record and reflects the kind of weather experienced here throughout December Players were Rev Wilcox Fred Graff Thar-alson Bob Tharalson Jr and Kent Midget of Edgar There were 12 games and all the play-v ers were in mid-season form The temperature Christmas day was about 50 above zero warm enough for good tennis in Jan 10 Set For Raising Laurels Share Of Area Cost and Ta Finance Troop Boy Scout committeemen announced this week that a one-day drive will be conducted here Jan 10 to raise funds for Laurels share in financing administration of the Yellowstone Valley Boy Scout area and for financing the Laurel troops activities of the coming year Laurel it was explained is1 a part of the Yellowstone area which extends from Bozeman to Miles City and is supervised- by a Scout executive and his assistant Administrative costs are borne proportionately by the communities making up thfe area When the drive is conducted here Jan 10 a considerable part of the money collected will be lor the direct local benefit of Laurel troop No 14 Among operating costs of the troop are purchase of equipment and maintenance of headquarters at Riverside park Clyde Cromwell chairman of the Laurel troop committee said no quota has been set for Laurel Those interested in the Boy Scout movement may assist the cause financially jby contacting any of the committee members In addition to Cromwell they are Wayne Hage-man (a member of the Yellowstone valley council) Fred Graff Rev Wilcox Heebner Paul Wilson Melvin Williams Joe Jolley Roy McCracken Tharalson Packard Bennett and Dr I Smith Bob Fuller is scoutmaster ahd Harold Van Nice and Kenneth Thompson are assistants The committee is not large enough to conduct a canvass and will depend largely on voluntary cooperation FOOT III MISHAP Zuck Of Billings Thought To Have Saved OWn Life By Applying Tourniquet Leo Zuck 40 of 245 Burlington avenue Billings who had been working in the Laurel railroad yards as a switchman lost a foot as result of an accident here early Tuesday Car wheels ran over his left ankle and After the train passed he is said to have applied a tourniquet The material were his handkerchief his switchmans brake stick and a pebble It is thought that he probably thus saved his life He was taken by ambulance to Billings At a hospital- there his foot was amputated above the ankle Mr and Mrs George- Schwab and Mr and Mrs Neal Gunnels were dinner guests SaturdaTof Mr and Mrs William Schwab the chief executive arbitrate their wage differences under that arrangement the chief executive said he had determined that 5 cents per hour effective immediately shall be paid as the equivalent of or in lieu of claims for time and a half pay per 40 hours (per week) and for expenses while away from home Threat of a railroad strike dissolved Wednesday and indications at that time were for winding up the whole wage dispute quickly and returning the roads to private management Leaders of the firemen conductors and switchmen agreed to the program at a conference with war department officials was low still more figures released Treasurer Percentage of Total 1991 194 42 493 20 2023 1691 2642 164 04 418 255 61 02 10000 $176773025 99616401 3095603 18248225 III POST WAR PERIOD FOR PLENTY OF WORK A Peterson spoke at the meeting Tuesday of the Laurel Rotary club a private citizen interested in promoting the general welfare he urged this commujiity and all others- in Montana to immediately begin definite preparations for the time when war is pot the nations principal concern When men and women return from the service as tjiy will some day and Montanans return to the state from war work in which they have been engaged elsewhere there should be an ample supply of useful work for all Peterson expressed the opinion that business and -industry should supply at least 80 per cent and that not more than 26 per cent -should be left to government To accomplish that end preparations must be made now in every community Peterson who is state chairman of the board -of economic development br Hoffman committee said he hoped to do in the addresses he -makes on the topic is-to -start people to thinking Once they put their minds 'to the task they can provide the means Railroad Car Inspector Suc-ciftnbs At Age 36 To In- fluenza Pneumonia William Leonard Walsh 36 residing at 511 Third avenue died Wednesday morning at a Billings hospital of influenza and pneumonia He became ill Thursday and was taken to the hospital Sunday He was a car inspector here for the Northern Pacific and had been prominent for several years in this area as a boxer Son of Mr and -Mrs William Walsh he was bom April 5 1907 at Red Lodge His parents subsequently moved to Laurel where he attended grade schools and high school before moving to Hardin He resided there three years an returned here about 1 5 years ago to become an employee of the railroad Company He and Miss Martha Grubaugh of Park City were married here Nov 23 1939 He was a communicant of St 'Anthonys Catholic church He is survived by his widow his mother Mrs Anne-E--Walsh a brother Arnold Walsh all of Laurel and a sister Mrs Matt Metz of Dickinson DiiiJiis CLAIM DEATH Retired Farmer Had Been Res- ident" Of Laurel and Community Since 1916 Daniel Freund 83 a resident of Laurel since 1917 died at his home Thursday morning after an illness of several months He was bom at Cole Camp Benton county Mo Jan 24 1860 the son of Mr and Mrs Jacob Freund He was married there to Mary Ellen Williams Oct 17 1880 They made their home in Missouri and later in Oklahoma while Oklahoma was a territory In October 1916 the family arrived in Laurel and at first lived on the Jackson place south of town Mr Freund was employed for a time at the Laurel roundhouse of the Northern Pacific but eventually returned to farming The family moved from the- Jackson place to a location north of Laurel and lived there several years before Mr Freunds final retirement Of late years he had been living in town Surviving are the widow and six sons Sam Freund Ernest Freund and Norman A Freund all of Laurel Webster Freund of Eugene Ore John Freund Sedalia Mo and Floyd Freund Bozeman two daughters Mrs Stadalman Laurel and Mrs Ray Bourne Great Falls half-sister Mrs Fanny Slover Kansas City Mo a half-brother George Treund of Pleasantville Mo 32 grandchildren and 22 great-grandchildren Funeral services were held at the Methodist church Sunday afternoon with Rev Wilcox officiating Mrs Albertus accompanied by Mrs Tharalson sang I Must Tell Jesus and The Old Rugged Cross Pallbearers were Gruhlke ENoel Frank Platz Stadalman Stadalman and Grant Traver Burial was in tthe Laurel Total $114769358 Total Taxes for 1943 1 Amount Due and -Payable by Nov 30 first Payment Delinquency Dec 1 Percent Delinquency to Nov 30 31075' Amount of Second Payment Paid Nov 30 1942 delinquent 438 Babson Park Mass Dec 29 Most firms are booked to capacity If any more business were offered they would not be able to handle it for many months This is roughly my forecast fjy1944 The Babson Index of the Physical Volume of Business for the final quarter uf 1943 averaged 141 compared with Expansion of airplane factories 1507 for the same period of 1942 has been practically completed The all-time high was reached in Automotive industry during 1944 December 1942 when my Index tfjll gradually reconvert to normal stood at 1556 It is not possible New car stockpile low Look -for that this record can be exceeded ini relief only on trbeksThe chemical-- 1944 industry has enjoyetKb great expan- Commodity Prices sipn (This may continue Leaders Warr developments will influence 'in new drugs should prosper Heavy commodity prices during' 1944 The I chemicals may not-show any-gain collapse of Germany could result in over 1943 volume Building about a sharp though temporary reaction I the same level for total new build-in leading wholesale indexes If rings as in 1943 Relaxing restrie-the going in Italy or elsewhere tions on private construction will should prove unexpectedly hard come in near future Gains in 1944 indicating a longer war prices will show in this category when should firm Cattle and hogs may I compared with 1943 Am optimis- bring lower average prices Soy- tic on post-war home building bean and corn prices face the test The shoe and clothing industries of large marketingsSThey will do are beset by price ceilings and inwell to hold IncreaseaSrim ports of creased costs These will continue coffee cocoa and sugarVill hold through 19944 Woolen industry will down their prices Continued heavy demand is indicate for most inustrial commodities To what extent efforts to roll back nearly equal last years level With food prices to Sept 15 1942 levels Germany out consumer demand for will succeed is problematical these oods should quickly replace I war orders Dairy products will be scarce because of feed problems Slaughter houses should do a big volume Cereal products will do well Canned goods will feel effects of sharpy higher costs and lower output Bituminous coal depends upon labor union policy but I expect output to be at least 10 better in 1944 than in 1943 Air transport will gain in equip-" ment and efficiency Manpower-is far from solved The trend of the industry is up for both air pas sengers and freight Railroads will continue to suffer from equipment shortages War peak of traffic "i passed Railroad needs are so acute that higher priorities for equipment will be forced After the war railroads yill have a terrible slump With much less to haul they will face as never before competition from coastwise shipping river transportation new pipe lines airplanes and trucks Eastern roads will slump as soon as Germany collapses Electronics and television should boom Heavy electrical equipment orders may decline slightly in 1944 Kilowatt output may be 10 better 1944 than in 1943 Lumber Advancing parity prices storage insurance and black markets further tend to keep prices high Subsidies will be granted certain producers during 1944 Inventories Business men should watch the governments policy of disposing of its huge inventories of consumer merchandise With supplies at' a much higher level 9 than in World war 3 retailer wholesalers and manufacturers should insist there be no dumping on domestic markets This could smash prices Flooding the export markets could make it difficult to sell goods abroad at a fair profit I hope a substantial pertion of our surplus will be given to the peoples of continental Europe and China Sales Prospects I forecast that retail dollar sales will average 5 to 10 higher in 1944 than in 1943 Sales volume of consumer goods will again start to climb as smaller companies get the ok on post-war merchandise I expect some decline from 1943 in the physical volume of retail "sales due to scarcity of goods and less employment Substitute merchandise has sold well but manufacturers and The army will accept no more re- cruits may begin early demobilization Navy men may be in for two or three years more Army demobilization may start around election time in 1944 This should help retail trade Industries Differ- in the early or latter part of the year When this happens Washington wilt begin at -once to caneel-war-orders especially on the Atlantic seaboard volume will continue to be reduced Backlog of machine tool orders is declining sharply Sub-contracts may help Noh-ferrous metals are held down by acute manpower shortage Paper and pulp will be affected- by-the cut' in newsprint Paper board output in 1944 should (Continued on Page Eight) wholesalers 'are now wary of it As good ar news increases- consumers will wait for new post-war merchandise rather tlian buy synthetic war mad'rgoods -Merchants should keep a workable inventory Do not over-stock It will make a difference in 1944 business whether Germany cracks in 10 RAISE LAURELS Price Laurei chairman of the fourth waro loan which is to open throughout the nation on Jan 18 as been in conference frequently in the past week with his aides He announced Wednesday that a decision has been reached to again use the group allotment plan for raising Laurels quota The group allotment system was successfully employed' in the previous war loan drives Vocational divisions' conducted the canvass among their own constituents Price said community quotas including Laurels have not been announced At a district or group meeting involving several counties held a week ago last Sunday the statement was made that the total would be substantially the same as1 for the third loan Mr and Mrs- Smith entertained at Christmas dinner for Mr and Mrs Lawrence Smith and daughter Kitty Rae of Glendive- who are spending-several dayaat the Smith home and with Mrs Smiths parents Mr and Mrs Reese Price and Mr and Mrs Everett Smith and children of Liv ingston.

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About Laurel Outlook Archive

Pages Available:
77,567
Years Available:
1909-2023