Galesburg Register-Mail from Galesburg, Illinois on October 8, 1963 · Page 15
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Galesburg Register-Mail from Galesburg, Illinois · Page 15

Galesburg, Illinois
Issue Date:
Tuesday, October 8, 1963
Page 15
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\ ting For 19641s In Progress v By SAM DAWSON ANEW YORK <AP> - Forecast. Ing used to be a December sport. This year peering into the economy's future is already welt under way. And most of the predictions sound suspiciously alike: Business will be good in the first half of 1964; and if a tax cut is passed in time to give the aging upswing a needed tonic, business should be good throughout the year. Those who suspect this may not be necessarily so base their warnings on a number of things. But a chief one just now is that all the predictions sound alike. Often in the past an unanimous vote either for an upswing or a downturn has proved strikingly wrong. The optimistic predictions, however, have much solid backing. The momentum of the current upswing alone could carry it along for some time. And the weaknesses in the economy just now either aren't too apparent, or they've been around so long as to seem no more potent now than in the past few months. Then there's that tax cut. If federal taxes are cut soon enough for the effect to be felt in the early months of 1964, increased consumer spending could boost already high retail sales and industrial production. If the tax cuts are voted sometime later in 1964, so that the actual extra spending money becomes available only toward the middle of the year, this could prove an antire­ cession measure. The nagging worry among some economists is based first on the age of the present upturn and second on past experience which shows that current strength usually hides any underlying weaknesses. A downturn in the economic cycle usually comes as a surprise to most Americans, businessmen or workers, producers or consumers. Some economists argue that business cycles have been largely tamed by government cushions or pump priming. Others contend they have only lost the worst of their bite but are still with us. Some of the caution signs now sighted are the easing off of the earlier boom in housing construction and in manufacturers' new orders for durable goods. Employment, retail sales and personal income of late haven't rung %p the big gains of earlier this year. A slowdown in an advance isn't a downturn by any means. But in the past it has sometimes in- *4 ill y *f?? ||||||| sw' *-mmn^. 'i^wm-u* '«•**>>*•>< A CARD-CASE ON WHEELS—Front end of this sports car owned by F. B. Griffith, of Pittsburgh, Pa., displays emblems from auto clubs the world around. SWEETIE FIE By Nadine Seltzer . mi Vr NtA. Inc. T.M. «.g. U.S. M. OH. "Don't forget to whittle at them when they come out! It makes them feel good!" cheated that one might not be too many months away. That's why the good news from Detroit that the new car models seem to be catching on, with its promise of another good sales year, and the upturn in steel production which has firmed up de­ cisions to raise steel prices is viewed as especially encouraging just now. And the forecasters are making the most of it. Momentum— and the likelihood of a tax cut- lead most of them to see only fair skies ahead. Viola Group Supports Mission Work VIOLA — Ten members attended the October Guild meeting at the Park United Presbyterian Church was voted to add $25 to the budget for outgoing missions for next year. Other benevolent pledges will remain the same as this year. Mrs. Neil Chapman led devotions and Mrs. Charles Noyd presented the mission study on "Schools in New York City," including living conditions in the slum area. Mrs. Maurice Young gave the lesson for the month on Chapter 9 "One People of God." A card of thanks was read from Mrs. Charles Young for the farewell honor and gift from the guild. Mrs. Young moved recently to New Windsor. Mrs. Maurice Young and Miss Nina McLaughlin were hostesses for the October meeting. Return to Viola Mr. and Mrs. Wendell Essley of Couer d'Alene, Idaho, have been visiting area relatives and friends on their first return trip to the community since moving to Idaho from Viola, 18 years ago. In Viola, Essley and his father, Forbes Essley owned and operated a coal mine. Mrs. Barneice Forsythe entertained 10 friends of her cousin, Mrs. Essley at a social evening Oct. 3. They have also visited in Aledo with Mrs. Essley's aunt, Mrs. Sarah McClanahan. How can I buy candy when the money's all gone? Even In "make-believe," It's easy for a little girl to experience the frustration of a mother without enough money to make ends meet. And as a grownup, you know that prolonged sickness, injury, or even death can substantially reduce your family's income. Should this happen to the breadwinner, will there be enough money to raise your family, educate your children, meet the mortgage payment and pay the doctor bills? Of course, social security can help, but will your family's total monthly income be large enough •,. or last long enough? Why not let a Prudential agent tell you how one of many Prudential plans can protect your family, and even help you provide for your own retirement And candy, tool Ithe PRUDENTIAL INSURANCE COMPANY OF AMBVCA Prvdmtisl Pi«zi, Chi«*»91, Illinois New Windsor Social Meets Conducted NfiW WINDSOR - Mr*. Maurice DeBuysere of North Henderson was a guest at the meeting of the Oxford Busy Stitchers Club which met Oct. 3 at the home of Mrs. Robert Johnson. She assisted the members in sewing rug rags during the afternoon. Members of the Golden Circle of the United Presbyterian Church planned at the Oct. 3 meeting to entertain their husbands at a Halloween pary Oct. 17. The event will be held at the Christian Education Building. There will be a potluck lunch. Mrs. Lela Brown conducted opening devotions at the meeting at the Christian Education Building with Mrs. Curtis McAtee, hostess. Mrs. McAtee, the chairman of the circle, reported on the extensive improvements which are taking place at the manse. Awards in games were received by Mrs. Frank Rezner, Mrs. Wilbur McQueen, Mrs. C. W. McGaughy and Mrs. Lyal McGaughy. Mrs. Calvin Bredberg, Mrs. Richard W. Anderson, Mrs 1 . C. M. Linker and Mrs. Arnold Roquet, members of the ways and means committee of the Auxiliary to Golesburg Regisfer-Moil, Golesburg, Tuesday, Oct, 8, 1963 15 OUR ANCESTORS pa- "Look, Guinevere, you and I know our friendship it purely platonio, but does Arthur know?" George Norris Post, American Legion, met Oct. 2 at the home of Mrs. Roquet. The group furthered plans for the consignment bazaar and breakfast which the auxiliary will sponsor Nov. 21 at the Legion Hall. A breakfast will be served to the public from 7 to 11 a.m. and coffee break from 4 to 8 p.m. The area drained by the Amazon River, a huge basin extending over 2,053,000 square miles, is nearly twice that of any other river. C&EItotTse Hoppers for Hauling Grain CHICAGO (AP)-The Chicago k Eastern Illinois Railroad Is planning to use open hopper cars to help offset the shortage of box* cars for hauling grain. President David O. Mathews said hopper cars will be assigned to pick up Illinois grain along the railroad. He said a special polyethylene sheeting had been designed for covering the grain in transit. Mathews did not specify how many hopper cars would be assigned to grain hauling. Mathews also announced that the Illinois Commerce Commission has approved the railroad's plan to convert a rail-to-barge coal transfer facility at Joppa, 111., on the Ohio River to a grain transfer operation. The facility at Joppa was built ten years ago to handle coal bound for the TVA's Shawnee plant. But the facility had not been used since last August. Mathews said the ICC had approved the C. & E. I. request for new grain movement rates from Illinois elevators to Joppa, effective last Saturday. Leading companies have given the disabled a chance; they find it's good business. All you need to know about modern home heating and Standard Sta-Warm Service L but if you want to know more... _J____ GUARANTEED PRICE AMERICAN Brand Heating Oil customers receive a guarantee that states, in writing, their maximum price per gallon. Their price will not go above the written guarantee food through April, 1964. NO-EXTRA-COST INSURANCE PROTECTION When you pay for heat on the Budget Plan you get insurance protec« tion—no extra cost—to keep budget payments paid if you can't work due to prolonged disability. Get full details from Standard Oil, STA-FUL AUTOMATIC DELIVERY You're assured of an ample supply'' always. Sta-Ful automatic Delivery is scientifically keyed to the weather. Standard Oil knows in advance when you'll need oil-* fielivers always in time. AMERICAN® HEATING OIL WITH STA-CLEAN* It has earned the Good Housekeep-' ing Guaranty Seal. There's no charge for STA-CLEAN, the heat- improver additive. AMERICAN Brand Heating Oil with STA-CLEA* keeps filters and nozzles clean. BUDGET PAYMENT PLAN Standard Oil's convenient Budget Payment Plan keeps mid-winter heating bills low by spreading out the cost into equal monthly payments. It's the easy way to pay for beat. STANDARD •T AM BAND Oft, MVWON AMMICAN Oil COHMMT In Golesburg call 343-5212 AMERICA-WIDE, WHERE HEAT IS NEEDED MOST. MOST HOMES ARE HEATED WITH OIL BE MODERN—HEAT WITH OIL. •STA-CLEAN is Standard's trademark lor additives u»d in AMERICAN Brand Hsaiinjj Oil* • i»i3. THt AMEBIC** ©a eoim«wrewrtr»a$rtffe R. J. "BOB" HEM R. E. "RAY" LEDBETTER 01 3-5312 Galesburg Dl 3-5212 Giltsburg I. I. TURNER A. R, MRGEANT AT 9-8377 Knoyvillf Ph. SS on 3 Willism«fi«ld * Rasidtnt* Outsid* Galtfburg Phono or Writ* to tho Standard Oil Homo Heating Dealor Noarost You L# Kt RASK Ph. 879-7361 Victoria

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