The Abilene Reporter-News (Abilene, Tex.), Vol. 73, No. 185, Ed. 2 Friday, December 18, 1953 Page: 22 of 30
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THE ABILENE REPORTER-NEWS A A
Abilene, Texas, Friday Evening, Dec. 18, 1953 V-A
BUSINESS OUTLOOK
By J. A. LIVINGSTON
Monsanto Chemical Spends Huge Sum
For Atomic Research, Can't Use N-Yel
The other 40 per cent will be in
the duPonts, OEs. and similar
giants already in other fields,
which are now “acquiring nuclear
knowhow” under government con-
tract.
Dupont, for example, la building
a government plant between Aik-
en. S. C. and Augusta, Ga., at a
cost of $1,500,000,000. It's designed
to convert uranium into plutonium
The investment is one and one
quarter times duPont’s undepreciat-
ed investment to ita own plant. As-
sumably, when the government
“unwraps” the atom to industry,
duPont’s income from atomic ener-
gy ought to vie to sine with that
from all He other operations com-
vent monopoly - though the big-
ger companies with the engineer-
ing and chemical knowhow have
had an inside track. Not because
they knew someone but because
they knew something.
The risks are epitomized by
Tracerlab. It baa worked closely
with ABC. It does a business of
more than $12,000,000 a year. But
ita 1952 prom waa less than $5,000,
or a penny a share on iU 448,000
shame of stock. The stock is quot-
ed now around 10, which must be
a disappointment to Ha original
supporters and an ever greater dis-
appointment to subscribers toa
second offering in 1*51 at $14.75 a
ahare. ,
comes a greater hindrance to
America—by denying many hands
and minds work on the atom-
than to Russia.
In the meantime investors better
brush up on their Einstein—on
their atoms, uranium, sad react-
ors.________________. __________
Although scientists believe that
s relatively inactive person needs
at least 2 500 calories of food a
day, more than half the world’s po-
pulation receive lean than that.
BE SURE
Ask for
GROWN AND
REFINED in U.S.A
the Atomic Energy Commission for
two years. The chairman of the
board is Merle Thorpe, Jr., of Ho-
gan and Hartson, Washington attor-
neys. The initial plunge is in such
standard corporate names as Dow
Chemical, duPont, General Dy-
namies. General Electric, Good-
year Tire & Rubber. National Lead.
RE-ENACTS FIRST FLIGHT—Billy Parker of Bartles-
ville, Okla., flys a 1912 pusher type airplane over the spot
marker, right) where Orville and W ilbur Wright flew for the
first time 50 years ago Thursday at Kitty Hawk, N.C. Two
early bird flyers, Niels Bangs (left) of Staten Island, N. Y.,
and Syd Vincent of Newport News, Va., watch.
DOESNT ADD UP
Waste More Time Than You
Live! Here’s Yearly Total
Not many persona are aware
that the Monsanto Chemical Co. la
spending a quarter of a million
dollars a year in research on how
to get power, plutonium, and
chemicals from uranium. Even low-
er persona realize that It Monsanto
knew the secret, it couldn't use It.
The Atomic Energy Act specifies ,_________________
that no one in the United States, Union Carbide * Carbon, and West-
outside the government, la permit-
ted to own fissionable materials,
which means uranium. Nor may
any one own an atomic reactor,
which would generate power. So
at the moment. It would seem as if
Monsanto's money and science are
tilting with atomic windmills.
But are they? The question an-
swers itself.
How rapidly profits come from
the new atomic art depends on
Congress. How far will it go in
liberalizing the law? Profits also
depend on Russia. So long as Rus-
sia is aggressive, secrecy will be
applied. But to what degree? The
United States must decide at what
All la not sweet and lovely. The
Atomic Energy Commission and
staff are not playing Santa Claus.
Big profits are still around the
corner Many contracts have been
renegotiated downward. Competi---------------------
tion has been encouraged to pre- point hoarding of information be-
Quitting Business Sale
THIS IS YOUR LAST CHANCE
TO SAVE 25% to 50%
third
Twie
guilts
wife,
eerie
Appe
loghouse
By HAL BOYLE
NEW YORK W—Do we waste
more time in our lives than we
actually live?
I have been mulling over this
problem ever since reading a U.S.
Public Health Service estimate
that the average man spends 427
days of his life shaving or getting
haircuts.
Just how much time do we ac-
tually fritter away in the other
daily chorea of living, chores that
subtract from our allotted span
but sometimes don't add too much
to it in the way of pleasure?
Let us take a typical bald-
headed. overweight husband of 50.
who has two grown children and
tour grandchildren. Here is part
of the box score of how he has
spent his days:
Time spent courting the wrong
girls before bls wife overtook him
—two years.
Tims spent waiting for his chil-
dren to pick out the kind of candy
they wanted at the candy store-
four months.
Time spent pounding on the bath
room door to make some other
member of the family get out and
let him in—three months.
Time spent waiting for wife to
get dressed—12 years.
Time spent explaining the facta
of life to his children—to minutes.
Time spent telling children how
much harder be worked when he
was their age—one year.
Time spent trying to attract at
tention of restaurant waiter—two
years.
Time spent holding telephone
and waiting between moment a
secretary's voice gays. "Mr. Jones
calling," and moment when Mr.
Jones finally says “hello”—three
years.
Time spent listening to wife-
one year.
Time spent answering wife's
complaint, "why don't you ever
listen to what I tell you?"—six
years.
Time spent explaining to the
boss why be didn't do something
the boss didn't believe should be
done at the time but later decided
waa absolutely vital to the con-
tinued existence of the firm-five
years.
Time spent wondering why he
had come to a cocktail party he
never wished to attend anyway-
four years.
Time spent listening to after
dinner speakers-eight years. / |
Time wasted figuring how to
balance the household budget-
one year.
Time wasted in brooding about
it later-two years.
Time spent waiting for car
ahead of him to start after green
traffic light cornea on—five
months.
Time spent bawling out driver
of ear behind who bonked at him
because he was slow in starting— 1
seven months.
Time spent fumbling in pockets
for change-one year.
Time spent denouncing the gov-
ernment. taxes, high cost of living
and other things he has on control
ever—12 years.
Time spent to helping his fellow 1
man and praising the departed
guest of honor at funerala—15
days.
Time spent waiting tor sleeping
pills and aspirin tablets to take
effect-two years. -
Time spent in feeling sorry for
himself and brooding over man's
inhumanity to man—24 years.
Time spent in church (counting
only waking hours and including
his own marriage)—eight days,
four hours, three minutes.
Time spent on golf course wait-
ing for foursome ahead of him to
get on to next bole-three months.
Time wasted trying to save fall-
ing hair after it la too late-four
years.
Time spent waiting in doctor’s
and dentist's offices—two years.
Time wasted getting out of 'den-
tist’s chair—none.
Time spent justifying income tax
returns so as to avoid going to jail
—two months.
Time wasted complaining about
it to friends—four months.
Time spent in jail—none
Time spent serving on jury—15
days.
Time spent trying to avoid jury
duty-30 days.
This box score shows that the
average 50-year-old American hus-
band has spent 94 years, * months,
8 dsys, 4 hours snd 13 minutes
either performing what he regards
as the chores of living—or avoid-
ing doing them. It doesn't include
the time be spends shaving, getting
a haircut, or looking through draw-
ers for a clean shirt.
Naturally, slso, it doesn't include
the time he has spent sleeping or
feeling grateful for being alive.
Monsanto expects the Atomic
Energy Act to be changed. Mon-
santo took a calculated risk even
before President Eisenhower made
his world-moving speech to the
United Nations ottering to share
with other nations some part of
this country's stock of fissionable
materials for peaceful pursuits.
The President's offer wasn't
spur-of-the-moment. His speech had
been worked over and over to
Washington. Among his aides, it
was a pleasantry to say, "What
draft are you on today? I’m on 26.”
Eisenhower’s offer was a recogni-
tion of the intellectual attainments
of scientists and engineers in Amer-
lean universities and colleges, to
government projects, and in pri-
vate companies. At last, political
practice waa catching up with ths
laboratory.
We have so much knowledge—
and so much military power—that
we can afford to share some atomic
secrete and fissionable materials
with other nations. Secretary of
Defense Wilson's offer to NATO
underlines the sentence.
So, it’s no surprise, though it's
a coincidence, that a group of in-
vestment bankers, beaded by Auch-
incloss, Parker * Redpath, of
Washington, New York, Philadel-
phia, and other eastern cities, has
just offered shares to Atomic De-
velopment Mutual Fund, Inc. It
will invest tn the “securities of
companies participating in activi-
ties resulting from atomic science.”
It’s a bet on the atom's industrial
future.
The fund is located in Washing-
ton. The president is Newton I.
Steers, Jr., who was assistant to
the assistant general manager of
Favorite of Millions.
Then there are companies known
to the initiate in the atomic art:
Beckman Instruments Inc.: Con-
solidated Engineering: Gunnar
Gold Mines: Lindsay Chemical;
Nuclear Instrument * Chemical
Corp: Tracerlab (early specialty in
the field, offered with hoopla to
1949 at $12.50 a share); and Vitro
Manufacturing Corp.
The trust does not intend to en-
gage in trading operations. It will
Invest for long-term gains. Sixty
per cent of its common stock In-
vestments must be in companies
whose principal business is atomic
energy or research, “such as the
mining and processing of uran-
ium. the manufacture of radiation
instruments, the processing of ra-
dio-istopes, and nuclear engineer-
Limited Supply of 1954 Calendars
Currier & Ives Reprints
THESE BEAUTIFUL SCENES ARE YOURS FOR THE ASKING!
TO GET YOURS. SIMPLY COME BY 402 BUTTERNUT ST!
FLESHER-DAVIS AGENCY
INSURANCE & LOANS
402 BUTTERNUT
PHONE 2-8409
7.
al
MeVABas SHUTTERS
Ada Practical Beauty
Te Year Home
For Windows, Deers, Partitions
THE ROYAL SHOP
sts Syeamere
Phone Mtn
O
Sunbeam
TOASTER
ou get the same per-
ine
St.Joseph
ASPIRIN
WORLDS LARGEST SELLER AT 100
for Christmas
“Make
Mine a
cindem,
’43.50
LESS JUICER
Exclusive new features for
higher, lighter cakes — cream-
ier, fluffier mashed potatoes-
velvet smooth icings, etc Mix-
master does the perfect mixing
job. New bowl-fit beaters
shaped to fit both sides and bot-
torn of bowl
Bowls revolve au-
tomatically. All
the batter gets -
thorough even
mixing in less
time Your hands
are free to add In-
gredients
Sunbeam
CorrftiiAsren
au
w
ALL MY CUSTOMERS
IS PERTECTED BY
OUR POLICY WITH
R. L. Young
Insurance
ALEXANDER BLDG.
ABILENE
PH. 2-8449
$2650
$3750
Gunbedn
count hup I
It cooks! It deep fries
Does more things bet-
ter Has greater useful-
$3150
FREE GIFT WRAPPING
WE GIVE MH GREEN STAMPS
BIBLE
ardware and Implements
Powe 4 5024 ABILENE •♦• 333 WALNUT ST.
Why pay $9.95
for a beautiful
MAN’S JACKET
& $4.98
Rayon Lining
Men’s Fine
JACKETS $8.00
Quilted Lined
ONLY
Leather Flight
JACKETS
.$12.95
Men’s Dress
PANTS $3.75
Wrinkle resistant
Rayon-no alterations
Free! Free!
CLOCK-RADIO
Given away Dec. 23rd
at 6:30 p. m. No obli-
gation end you do not
have to be present to
win ...
REGISTER NOW
SEE OUR CLEARANCE PRICES ON ALL
TELEVISION AND APPLIANCES
Open Tues, end Fri. evenings until 8:00 P. M.
Southwestern Lumber
AND SUPPLY COMPANY
First Ph. 4-8127
“THE BUILDER’S DEPARTMENT STORE"
moe^i
THE "WESTERNER" MANs HAMBURGERS
MADE WITH THE FINEST
LEAN TEXAS BEEF!
• WITH SLICED RIPE TOMATOES
• CRISP FRESH LETTUCE
• FRESH HOT BUNS
THEY ARE "DELICIOUS!"
FRIED CHICKEN
3 CHOICE PIECES
PLENTY OF FRENCH FRYS
PHONE US YOUR ORDER
WE'LL HAVE IT READY
TRY OUR QUICK SERVICE
PLENTY PARKING SPACE
PHONE
-0541
10411
PINE
STREET
Red Wing steel toe
SHOES $9.95
8-in. Shoes
Men's Leather Dress
GLOVES $1.98
$3.95 Value*
Western
SHIRTS
$3.98
Gabardine Sport
SHIRTS $1.98
Man's Dress
SHOES $6.45
Choice of any shoe in the
store.
Acme Cowboy
BOOTS $12.95
$18.95 Values
Dupont Nylon
SHORTS
98c
Army pack for
BOY SCOUTS
39c
Abilene Army Store
141 CHESTNUT ST.
THE WESTE
273.1=97=___
HAMBURGERS
1041J PINE STREET "DRIVE IN"
ON OUT
FREE
COFFEE
SERVED
SATURDAY
FROM
1 TO 5 P.M.
EVERYONE INVITED
BRING THE WHOLE FAMILY
THE WESTERNER'S MENU
THE "WESTERNER" REAL HAMBURGERS
W WE DELIVER
F ANYWHERE
. • IN THE CITY
AFTER S P M.
Delivery Service Starting Saturday
WE
A SPECIAL TREAT .
OUR BIG
HAMBURGER
ITS DELICIOUS
30
GOLDEN BROWN
FRIED CHICKEN
3 CHOICE PIECES
PLENTY
FRENCH
FRYS
85
WE SERVE THE FINEST
CHOICE MEATS FROM
PHELIX WATSON WHOLESALE
MEAT COMPANY
1601 Butternut Street
DELIVER
RIGHT
TO YOUR
DOOR
FREE
• ANY
ORDER
$1.00
OR OVER
20€
CHARGE
FOR
ANY
ORDERS
UNDER
$1.00
ANYWHERE
IN THE
CITY
OUR BIG HAMBURGER
OUR JR. HAMBURGER
OUR DOUBLE HAMBURGER
FRIED CHICKEN
CHEESE BURGER
CHILI BURGER
CHOICE PIECES
FRENCH FRYS
COMBINATION SANDWICH
BAR-B-Q SANDWICH
HAM SANDWICH
BACON & TOMATO SANDWICH
EGG SANDWICH
HOT DOG
30c
20c
40c
85c
35c
35c
30c
30c
30c
30c
30c
20c
ALL THE ABOVE ORDERS 10c EXTRA IN A BASKET
ORDER OF FRENCH FRYS 15c
TRY OUR
MALTS & SHAKES 30€
trict
Collle
Bot
all of
Bach
pee de
aona.
Sixt
by the
ices a
ice.
The
skirmi
stern
over 1
era.
Exh
was It
by de
lenged
bills
u
ruling!
Rulii
made
hold th
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Final
the Chi
prizes t
be Frid
Judge
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Club, a
Helal a
Reports
m. Frid
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of the v
Entrie
Best
Ira J. 1
George
Dr. M.
Dr.: Mr
Third St
Second 1
Rowe. *
301 Nor
802 Nor
Heard, 1
away, 65
Daugher
John Ho
Mrs. J.
Best I
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The Abilene Reporter-News (Abilene, Tex.), Vol. 73, No. 185, Ed. 2 Friday, December 18, 1953, newspaper, December 18, 1953; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1649381/m1/22/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.