The Progress from Clearfield, Pennsylvania • Page 7

THE PROGRESS, Clearfield, Curwensville, Phijipsburg, Dec 31, 1953 PAGE SEVEN 1958 in Review. High, Steadily Rising Activity Is 1959 Business Forecast By STERLING F. GREEN Hut bottom in April. WASHINGTON (AP)-Washmg- Thc recovery since then has ton's business forecast for becn steaciy and widel shared. steadily rising activity i than the comeback from the two National output somewheie be- earlier postwar recessions.

tween 460 and 470 billion dollars--' a record, but not spectacularly above the 1958 yearend rate of aiound 450 billion. The 1957-8 slump therefore gave reassuring evidence of the resiliency of the American economy that connection, two aspects of Cost of living quite stable until the downturn drew special corn- midyear. Then resuming its rise'ment hereto new peaks. First, nobody panicked. Con Employment improving month 'sumers kept right on buying.

by month from 1958' levels. But! Second, the economy's built-in nol reaching "full employment" stabilizers worked admirably. To- before 1960. jtal income, like retail was That appraisal is a consensus 0 the rise before business gen- the Mews of administration and'erally stopped going down, congressional economists given ml Comparatively few of the laid- pnvate interviews as the country of! workers uere entirely without closed the books on an 18-month income. Unemployment compensa- cycle of recession and recovery.

took over when paychecks Some officials are more bullish, stopped. Relief payments rose. A few believe production will ex- President Eisenhower's ceiling ceed a 470-billion-dollar annual on military outlays was lifted and rate by midyear and push on to contract-letting was speeded up. 490 billions a year from now. That could happen, all agree- Well aware of the problem and its own share of responsibility, the especially if inflationary forces'administration has accepted as break loose again.

But a majority 1 its No. 1 economic goal the halt- look for and hope for a more ing of the price rise which has gradual advance. A pell-mell rush taken an 8-cent chunk out of the into another boom, they power of the consumer's would hasten the next bust. Looking back, they are gratified dollar since 1955. To minimize the government's to note that the recession, mean- share in forcing prices up, Eisen- mg the downswing phase, was onelhower this fall issued hold-down cf the shortest of the past cen-jorders to government agencies tury.

It started in August 1957 andj drafting their fiscal 1960 budget requests. The Federal Reserve For Loans to Repair and Modernize Board clamped down on credit: I even before the recovery was com- The gross national product, or total value of all goods produced and services rendered, probably has moved up to a rate of 450 billion dollars a year. White House advisers expect the rate to march to new highs quartet by quarter throughout 1959. Today, nine months after the recession found bottom, the durable goods producers have recovered most of the lost ground. The soft goods industries--textiles, apparel, foods and beverages--have more than made up the decline.

Construction is heading into its first 50-billion-dollar year. Profits are expected to recover rapidly, as they generally do when productivity advances a i Consumer buying power should advance in step with production. One official summed up the 1959 outlook in a sentence: "It may not be a boom year, but it will be a little better than any we've had." at Low Interest Summer Institute for High School Teachers Set UNIVERSITY PARK-The sixth annual Summer Institute for High School Teachers of Mathematics and Science will be held at the 3 ennsylvama a University from June 29 to Aug. 8,1959, under auspices of the National Sci- Curwensville State Bank plete. The Treasury tried tolence Foundation, Stale Street Ph.

510' Cnrwensvillei? rv channels. divert its borrowings from commercial banks into less inflation- A Clearfield Distributing For BEER, ALE, PORTER CLEARFIELD 1309 Bigler Ave. Dial t'O 5-3961 In most respects 1959 shapes up as the best-ever year. CLEARFIELD OIL GAS COMPANY Distributors of PENNZOIL Ph. PO 5-3311-aearfield SHOP SAVE AT CLOVER FARM STORES 5 PIECE Place Setting of Stainless Steel TABLEWARE It's FREE- VVith $10.00 Order and Coupon in Newspaper Ad of December 29th only! The aim of the program is to provide professional improvement for high school science and mathematics teachers.

Work is at the graduate level and credits earned may be applied toward a master of education degree. The 1959 Institute will be organized in three sections: science; an experimental physics curriculum for high schools; and a new approach to high school mathematics. Earh registrant will be expected to schedule six credits of work from approved courses in botany, chemistry, earth sciences, mathe- 'matics, physics, or zoology. The Institute is open to men and women high school and junior high school teachers of biology, chemistry, mathematics, physics and general science throughout the United States. The program is sponsored by a grant of $100,300 from the National Science Foundation, which i provide stipends for 100 i school teachers.

The basic stipend will be $450, plus University fees, travel allowances and dependency allowances. No stipends will exceed $983. William H. Powers, director of the Institute, explains that applications will be received until Feb. 15.

Raising a Genius Is Not Easy NEW YORK (AP) Ever have trouble coping with your teenager? How would you like it if he were a genius? "It's not easy," says Mrs. Rc- gina Fischer of Brooklyn. Her 15-year-old son, Bobby, is a genius at chess. He won the United States championship at 14 and became the youngest international Grand Master in history this summer. His one dream is to-snatch the world chess crown from the present champion, Russia's Mikhail Botvinnik.

One of Mrs. Fischer's definitely "not easy" moments came this summer when Bobby appeared to be stranded in Yugoslavia after his first international tournament. "He had a round trip ticket, but nobody made any reservations for him and he couldn't get a plane. 1 knew he'd spent most of his money at the World Fair in Belgium and I was afraid the Yugoslav Chess Federation wouldn't go on paying for him afte: the tournament had ended. "I went to the Yugoslav Embassy but it was the weekend and I couldn't find anybody.

I tried to call Bobby, but they said he had left by train. "I was really worried. I knew he was loaded down with books and I didn't see how he could manage. He doesn't speak the languages. I could just see him sleeping in a train station somewhere and people stealing everything he had." But Bobbj used his tournament prize money to get to Munich where he found plane space home.

Chess is not a popular game and there are no funds to send the American champion to tournaments. Bobby won two tickets to Yugoslavia on a television program. His 21-year-old sister, Joan, took the second. "Bobby doesn't like the idea of his mother going around with him to tournaments. Besides, I figured it would be better for me to be here in case anything was needed money, primarily." She laughed ruefully--a slender, dark-haired woman with a smiling mouth in a gamine face.

The Fischers separated when Bobby was 2 and Mrs. Fischer raised her two children on her earnings as a nurse. "I don't discipline Bobby. He's too big. Anyway there's not much to say.

He comes home and sticks his nose in a chess book, stops to eat, and he's back again until it's time to go to bed. "Bobby's one of the ones who play for blood as they say in chess. He's serious. He has to study all the time. The countries publish pamphlets and books at a great rate new opening always being worked out.

"He's not interested in girls yet --they don't play chess. He doesn't smoke or drink. He does chew his nails down to the bone, but I'm afraid to make him stop. I don't know what he might up. "Some of these chess players 1 958 in Review U.S.

Publishers Had No Newsprint Trouble In 58 By WALlER BUSSEWITZ AP Business News Writer NEW YORK news ijaper publishers had no problem getting enough newsprint in 1958 There was such a bulge of sup ply over demand the North American newsprint producers paused in their big expansion programs The U.S. and Canadian mills were able to serve their customers without drawing on around 15 per cent oi capacity. Consumption should rise in 1959, along with the expected improvement in the nation's economy. But producers are sure they can han die even a sudden strong spurt in demand. The American Newspaper Publishers Assn.

reported consumption for much of this year ran about 4 per cent under 1957. During the past two years, twitch all over. Honest. They start with an eye and twitch down to their feet and start again. I'd rather he chewed his nails." "The only thing I do is nag him to get some fresh air.

This year he's joined the and says he's going to get in better physical shape. "He used to be wonderful at sports in fact, he himself used to say he wanted to be a baseball nlflvpr pioj' Ci "I don't know a thing about North American newsprint manu- facturers carried out a 350-milhon dollar expansion, which boosted productive capacity by 20 per cent. Despite the growth of newsprint manufacturing in the the do mestic industry still is less than one-third the size of Canada's. Newsprint is selling on a con- tract basis in New York at a de- livered price of $134 a ton. The last general boost cif $4 a ton came in March 1957.

As the year neared its end, Sir Eric Bowater, head of Bowater paper was asked about the future of newsprint prices. He said: "Somebody has got to absorb the ever increasing costs of pro- uction and distribution, a tendency that never seems to stop. It's not true to say I'm contemplating it, but a rise in prices is needed. her golden topknot." Another thing that helps is the quicker dye process, less than two hours, and th range of natural colors available. One of the most popular shades at New York's Les Girls salon, where Nancy is stylist and fashion coordinator, is a claret blonde shade that is blonde with just a slight cast of pink in it.

Beige blonde has a slight grey cast that it flattering lo most women, and mutation blonde, snnthpr nnmilar shade, is a mixture of gradual shadings of blonde, lighter towards the face anrl darkening toward the sack of the head. Blonde hair faded out years ago because it made some women peak," advises Nancy. Or a long strand of rhmestones worn along a center cart if the hairdo is very simple. Or if your hairstyle and you are in the Oriental mood, a couple of glittering arrangements on either side of the head will look older than their years. But emphasize the simplicit of now all harshness has disappeared jff from the coloi, and these new shades have a softening effect on the face, in fact making a woman look younger, says- Nancy.

There will be more than usual emphasis on the hair this year. Ladies who own important jeweled clips will transier them to the hair. Tiaras will be worn. Any flattering ornament that may enhance a girl's crowning glory without hiding the coiffure, plain or fancy, will serve the purpose. Where center part is used a jewel may serve as a "widow's Lots of people dropping in for Sunday tea? Make extra-strong tea in your large-sized teapot, then dilute with boiling water.

24 HOUR TOWING SERVICE Waifher Bros. Garage chess. In fact, I tried to make him stop for four years. But I've given up now." Fabulous" ACME SUPREME FRUST end VEGETABLE JUICER Get Your Vitamins and Minerals With LOW CALORIES direct from Natare Stainless Steel Basket Exclusive "Floating Blade" giving utmost efficiency Sealed la Oi! Bearing Motor One Year Warnnrty EASY TERMS free or Store DemOBitratioa iasferu Acme Dist. Cc.

1027 Pine St. Phone Dickens 2-3634 Philipsburj Hair Colorist Says We'll See More Blondes in 1959 By VIVIAN BROWN Associated Press Beauty Editor We'll see more blondes in 1959, says Naicy Mace, a leading hair colorist. "More than half my clientele is now blonde," Nancy says. "The secret of the success of i blonde is due in part to the new processes in hair dyes that make a girl look like she was born with FOR MEN'S BOYS' A -SHOP- ARTS SHOP Hciutzdale Thone 8-0521 YOURSELF WITH PLENTY OF EXTRA CASH for All Your Christmas Expenses LOANS $20 to $600 The BUDGET PLAN inc. OPEN WEDNESDAY AFTERNOONS 'TIL 5:00 of CLEARFIELD 202 North Third Street John King, Mgr.

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