The Courier News from Blytheville, Arkansas on December 24, 1953 · Page 12
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December 24, 1953

The Courier News from Blytheville, Arkansas · Page 12

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Blytheville, Arkansas
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Thursday, December 24, 1953
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Page 12
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BLYTHEVTLLE (ARK.) COURIER NEWS THURSDAY, DECEMBER 24, 1963 1953 Was Peak Year in Business Boom Br I.*. BROPHT AP 0«Mr»l BwkiCM Editor Any way you add it up, the long boom in the American economy hit its top in 1953. It was a year of unparalleled business and industrial activity. Take all the outpourings of opin- ton as to 1954 and it comes to this: comparatively speaking, business may walk, not run, in the coming Few. Keeping up the level of prosperity will depend to a great extent on two things: 1. The ability of business to sell its products In a return of real competition for the first time since the war. 1. The inclination of consumers to »pcnd their money, and they have plenty of St. This year smashed records rlRlit and left. But before it ended, small tears began to appear here and ttere in the fullering fabric of prosperity that has blanketed the nation in ever-envelopinfr folds since the war ended. Layoffs of workers in some industries popped up. It became a little tougher to sell things. Automobile dealers beat the bushes and there was a rash of sales promotions of the "name-your-price" type. Most salesmen generally found they no longer were just order takers. They had to work hard. In brief, the long spiral of excess demand over production was ending. We were getting caught up on things to buy. Demand was level ling off with production. That is where we stand, entering 1954. Business is going to have to work liartlcr, turn out more attractive Roods, learn the hard science of salesmanship over again, You will find-a grent deal of opinion that 1954 will be another good year. Maybe, some say. It will show a 5 per cent drop as compared to 1953. If so. it still will be n mighty prosperous year, based on any ordinary standards. Government economists generally incline to the opinion that it will; some of the private seers are not so sure. The government people, however, are quick to say if signs of a downturn appear, prompt There is steps will be taken to counteract them. The government can, and tlic I paign ahead — a D-day word is that Jt will, in such clr-i business world." former predominating. The general thought Is that 1954 will not tilt the • planned program of public work) billty. Forecasts as to what is ahead ire ax plentiful an falling leaves in autumn and almost as varying in col or. Production should be off not more than t per cent, said 100 'corporation executives, reporting to the Commerce Department. /'Business should be good. I don't expect personal income to be down. Corporation earnings may be smaller, but not much," said George M. Humphrey, secretary of the treasury. A word of warning was given by Edwin G. Nourse. who was chairman of the president's economic council under Truman. Declared Nourse: "Conditions that make for the end of a boom and the coming of a period of considerable readjustment are clearly discernible, tough economic cam- for the levels of 1953. but it will be a good year by almost any standard. There were a lot of people when 1953 started who thought the boom would not continue as It had. But, It did, and topped all records. Gross national product, that's the total of all goods and services, will Increase by some 22 billion over 1952. It should hit 368 billion this year. It was 346 billion In cumstunces, expand credit, lower interest and increase the money supply. Tax cuts might follow and .ax revisions aimed to spur business expansion and consumer credit. Public works are another possi- and other governmental steps. The unions seem as worried us anyone. At its Cleveland meeting earlier this year, (he CIO asserted the economy "Is confronted with a major change in direction," that is, downward. It railed for countermeasures Including tax relief to th However, shuffle the good with low ami middle-income groups, ex the bad predictions and you find the! pandcd social security and benefits HOLLAND NEWS Bv Mrs. Ed Hampton, Jr. Southbound holiday travelers-leaving during the past week Christmas in Florida. Mr. and Mrs. Enoch Channel and daughter Beulah Paye and Wanda fiamford will visit relations until the New Year: Mr. and Mrs. Prank Brown and daughters Sarah and Mary Elizabeth will extend their visit into' February as will the Harry Browns who left with them. . Accompanying Mrs. Grace Edwards, who left Friday, were Mr*. Helen Cullman and daughters Margaret and Mary Ann. They have been guests at Mr. and Mrs. Voris Workman's for two months; Mr. and Mrs. Byron Holly and son and daughter Joe Byron and Nancy departed Saturday for Key West for a holiday interim. Mr. and Mrs. Gideon Crews are leaving this week for their winter home at Port Meyers; Mrs. Thelma Cohoon will remain in Florida for 1 ft short winter vacation. Personals Mr. and Mrs. Arnold Moon and daughter Paula had an early Christmas dinner with Mr. Moon's sister, Mrs. Blan Maclln and Mr. Maclln and family. Sunday when twelve members of the Moon family were present. Mr. and Mrs. P. A. Coleman and Bon arrived lately from a base in Texas to be with their families. Mr. and Mrs. Willie Pritchard of Holland Mrs. Fern Coleman of St. Louis and Mrs. J. D. Best also of St. Louis, where they will spend the coming week end. Mr. and Mrs. Joe Cohoon entertained .Sunday with a pre-Christ- maa dinner for Mrs. Annie Cohoon and Mrs. Helen Cohoon and son James Keith. Mr. and Mrs. Floyd Smith's home on the highway north of Steele will be the setting for the Noble Capehart family reunion ol children and grandchildren on Christmas Day. Arriving this week for thnt reunion will be Mr. and Mrs. D. K. Hudson and three children of Birmingham and Mr. and Mrs. Finis Holmes, qf Marion, HI. Frank Wesley and Keith Leslie, the twin baby boys of Mr. and Mrs. Cloud Samford. were temporarily dismissed Saturday from Children's in Memphis, having undergone treatment there. A definite diagnosis has not been made. The babies will remain in isolation at their home here for a period. Their condition is showing marked improvement. Sgt. Charles Hicks of Camclen, New Jersey, is here for a fortnight with his uncle and family Mr. and Mrs. Anderson Hicks nnd children. Also in the Hicks home thru Christmas is Mrs. L. D. Daniels and daughters Sandra and Carol of Blythe- vilte. and Mr. and Mrs. Murlon UHey and two children of Steele are planning I where they will be joined by th< Fred Copeland.s there and Mr. am Mrs. Gale Harrison and children o Sikeston, With the Henry Neals U Mrs Neal's father D. Garrett of Downey California, having accompanied hi. .son-in-law Jack Love and famil. 1 to Kennett where they were me by Mrs. Neal. Mrs. Garrett will remain until early In January. In the Neal Home Sunday were Mr. anc Mrs. Hubert Bible of Memphis. Joining Mr. and Mrs. Bill Lestei and family this week encj. will be Mrs. Lester's three sons Bilfy Lestei of Missour state Teachers' college in Cape Girardeau; Jimmy Lester of School of mines at Mollo, Mo., and Jimmie Lester of Sikeston. Yuletide visitors Mr. and Mrs. Ed Williams and three children of Pasa,.,. . . denia, California, arrived Saturday ™?.,° f _1 e _ r ; I for extended visiting with Mrs. Wil Hams parents the Henry Pattersons. Joining this group Christmas Eve Christmas together with Mr. and) w m ^e Mr. nnd Mrs. Henry Patter- Mrs. W. T. Oakley of New Madrid!son. Jr., and children of Vicksburg. Help Yourself to Health! HOTMGS . NATIONAL PARK, ARKANSAS Health and happiness are always in season — and there'i no better place to give them a boost than Hot Springsl Here, in the nation's only U. S. Government controlled health resort, the season is always right! A staff of expert attendants is maintained in the Majestic Hotel bath department. Under their skillful treatment, you'll ieel glowing health and contentment replace aches, tension and MAJESTIC HOTEL Bright glow of Christmas candles reflected in all our he-irts and in the warm, hearty tvi.0ics we extend to you ro express our deep thanks and appreciation of your friendship. Noble Gill Pontiac Co. Mystery Ad Solved But Coon's Still Missing NEWPORT. VI. W-The.mystery ol the classified ad which intrigued the nation has been solved. Last week the Newport Daily Express en irled an ad which said, simply: "If anyone finds Wilbcr, please notify Dudley." The Assqci- ated Press quoted the ad on its Na- personal income should go up by | Uonal news wires and the Daily 30 billion. II is expected to reach Express reported receiving queries 285 billion. Last year it was 255 from many places. billion - Now it becomes known that the Employment reached an all-time j ad was placed by Verne Leavitt in hiffh. topping out in August with behalf of his small son, Dudley. 03,408,000 persons in jobs. I The lost Wilbev turns out to be Read Courier News Classified Ads. Government spending is leveling off and will decline in 1054 from its peaks. So. this is the word generally for the new year: it's up to business now to take the ball and run with Dudley's pet raccoon. Wilbor's still missing, too. In the great Kimberly mines, diamonds are brought from mines 4000 feet deep. RADIATOR WORK • Boiltd Out • Repaired • Flo Ttsted • Re-cored ALL WORK Gaannteed Gravers Body & Radiator Shop 508 Cl. Lake Aft Pho At this gay, holiday Mm* let ut offtr yoi all the best wishes from our staff! May your Christmas be bright with Hit many blessings of the season ... Rich in friendship, bright with gifts of happiness and lasting pleasure. And our wish is not just for Christaas, but for every day of the year 'til the lext Yuletidol HUDSON CLEANER - CLOTHIER - TAILOR Blytheville, Arkansas Steele, Missouri 4Sj^ We wish to take this opportunity to wish all our friends and customers a very Merry "Serving This Area for Over 20 Years" R. C. FARR & SONS WHOLESALE DISTRIBUTORS Phllheat Fuel Oil and IVIruloum Product* 4567-PHONE-4567 R. C. FARR . H. C. FARR - R. H. FARR BILL FORD - J. H. DAVIS - ALVIN WEBSTER Christmas

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