The Abilene Reporter-News (Abilene, Tex.), Vol. 73, No. 348, Ed. 2 Tuesday, June 1, 1954 Page: 4 of 22
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R A THE ABILENE REPORTER-NEWS
4-A Abilene, Texas. Tuesday Evening, June L. 1954
BUSINESS MIRROR
Inflation Revival Chances
Top Businessmen’s Thoughts
Fourth at July, particularly *
such seasonal lines as autos.
Some hope that the slackened
decline of recent weeks will bo-
come an upturn before the July
vacation period starts. Others seers
it as more likely to come at the fun
end of August and early in Sep
tember.
Most expect the vacation period
this year to top last summer in
numbers on the go and in total
spending. Here’s hoping you have
.. By SAM DAWSON
NEW YORK w—In Jthe the
thoughts of businessmen are turn-
in# to the chances of * revival of
inflation. . ,- .
The critical months - March.
April and May—have gone to MM-
men's liking, because the decline
slackened instead of picking UP
momentum as some previously
sonal and excise taxes help sustain
without
purchasing power.
There are strong factors too.
Building goes booming along. Cor-
perato earnings, hold up, even in
the face of lower sales. Dividend
payments top last year. Business
expansion programs reflect long-
term confidence.
.Inflation talk falls on deaf ears
in many quarters, where it is
pointed out that even if a small
war should break out in the Far
East it wouldn’t carry the price or
shortage punch that Korea had
That outbreak in 1950 came when
GREAT VALUES FOR
DOLLAR
DAYS
feared it might.
. Today, just a few weeks away
from the summer siesta, business-
men’s talk about a waning recess
sion’s being replaced by a new
spurt of inflation is based on these
possibilities:
1. War, a threat of war, or just
- more military aid to our allies,
might start war-boom psychology
among the buying public, they
argue. Some think that might
mean scare buying, such as
sparked inflation early in the Ko-
1 condictnent stockpiling plans from last year’s peak, there’s
for nonferrous metals has already slack to be taken up before new
firmed prices, as intended. Threat Military demands would pinch the
or a see srieHow being played capabilities of mills and factories,
down—might send manufacturers | and send prices Dung __.
scurrying to order steel. Stepped- The immediate question for busi-
up activity in the metals indus- nessmen, however, is the sales,
tries, even if artificially induced, trend that will be set before the
might spread to other parts of the
recovery from the 1949 inventory
recession was already taking on
the look of a fresh boom. This
time, moreover, the nation’s pro-
ductive machinery for both war or
peace is much higher.
About 40 per cent of its indus-
trial capacity is unused now. Since
production is down by that much
Todays “
Pepsi-Cola
is reduced
in calories
Kimbeli’s Fresh Blackeye
Peas
o 303
O Cans
Kimbell’s Sliced or Diced
Beets ..
O 303 $1 n
.. 9 Cans I AD
CORN
Harvest Inn
Cans......
.---=======================
1110000004000020
GV TiTfnnIfnnnnnnnt
tArryrrsenig
DOUBLE S&F
Pears E 3 ewni
3 Mission Sliced 2% Cans
e. Peaches 4 Cam
/000000200000000
Ketchup SGREEN STAMPS J Tomato Sauce
3 EVERY WEDNESDAY WITH a
2 Cans
Ins HUNT’S.......•
14-oz. Bottles $
HUNTS..........
X Easy money- government DISCOVERED! Makes You
policy for several months Dow-in Yoav Younger
. and assurance of more strenuousLook 10 Tears TouBS (see
. measures if needed to halt defla- m by Tonight!
tion, convince many businessmen
that inflation might find fertile
ground in which to germinate.
The administration, however, has
made clear its stand on that it
wants neither inflation nor defla-
tion but balance
----= Still, it’s no secret that inflation,
in moderation, is more attractive
to most people than deflation.
- That often proves true at the polls
And balance is hard to get, and TINT CREME COLOR SHAMPOO |!
. not very exciting-------
" June starts quietly enough. Corn
pared to last June there are many
minus factors. Retail trade is
down, partly because of poor
weather. Industrial output is off,
with durable goods the weakest.
Business loans lag, despite easy
credit. People are buying less on
tana. Total wage and salary pay-
meats for the nation are a little .---------
lower, sinougn higher jobless EReee
benefit payments and lower per- Syrup or Binck-Drousht tastes honer-
__ ________________________= . it eagerly Made of
u
Hunt's Fruit
, n.: A 303
Cocktail 4 Cans
PURCHASE OF $3 OR MORE
Prices effective Wednesday Through
Saturday at aU S stores.
000000000000000000001 9
0000000
.. .best for home use. Lanolin conditioner base
makes hair softer. lustrous, esy-to-dre, “3T
Easunfully. 14 naruce’s shades on color chart
wih every package. $1.30 plus tax at * and
dept stores. Money back guarantee Ask *
CHILDREN SLEEP AWAY
CONSTIPATION WORRY!
wha constipation eecasionally sours
listle stomachs, children often et.PP.
or sulk, feel miserable, cant ent or HeEp
rent. That’s why wise mothers give
ne
cons.i-7
ion can
k tool
1 300 Cans Hunts
I Pears
4 Cans’l
DIAMOND
rk & Beans 9
» $13
46-oz. Cans Kimbell’s Grapefruit
Juice ....... 4 Canal
Renown Whole Green
Beans .......5 Cans ‘1
Austex
Beef Stew 3 Can’l
Heinz Baby
Food ...
Heinz Junior
/Foods ...
Gebhardt’s Chili
16 cansl
9 cn’l
dmm 303 Cans ■
. Beans ....... 8 c.Msl
-T I I A IS Gebhardt's • •
TUNA = Tamales 5 1
tjffiffWSffiffi^^
kiscans1
■ Hi-Note
0000000
Austex Spaghetti and
Meat Balls 4 Can’l
Waldorf-Astoria
Saved by Holiday
NEW YORK un—Memorial Day
solved a protocol problem for the
Waldorf-Astoria Hotel yesterday.
In residence there were Presi-
dent Eisenhower, here to deliver a
speech: Emperor Haile Selassie of
Ethiopia: Prime Minister Adnan
Menderes of Turkey: Maj. Gen
Fermin Gutierrez de Sota. Spanish
deputy chief of state; and Rear
Adm. Anibal 0. Olivieri, Argen-
tina’s secretary of the Navy.
The hotel usually honors a guest
of such rank by flying their na-
tion’s flags. But this time there
weren’t enough flagpoles
After a look at the calendar, the
hotel’s general manager, Harold K
Hastings, declared the United
* States flag should fly alone
On Memorial Day, he said, "you
-.....fly but one flag.-T
e
Health and
Beauty Aids
Pepsi-Cola
Th LetxohhmonC?
Fresh Vegetables
Fresh Green 1
Onions 2 bundles 15
TENDER MEATS
FRESH GROUND
MEAT
At Piggly Wiggly
Now-we have the
Safeway Employes
Hold Annual Picnic
An annual Safeway Employes As-
sociation picnic was held Sunday
at Fair Park.
About 350 persons attended the
anting • |
Twenty-one Safeway stores were
represented from Abilene. Mineral
Wells Graham, Breckenridge, Bra-I
dy, Snyder, Coleman, Brownwood.
Colorady City, Ballinger, San An- T.
gelo. Spur, Big Spring, Stamford,
Sweetwater, Hamlin and Stephen-
vile - -
Housewares |
Serviced By 1
Gibson J
Products
COMPANY
141 Sycamore
Phone 4-7051 ,
NEW
SCHICK-
INJECTOR
GOLD PACK
, BLADES ,
r Home Grown
Squash .....
Fresh
Cucumbers
... 10
.... 12-
lbs.
FOR 20 ES
-15101
Over cp edee
Fresh
Corn .....
- Home Grown
Cabbage
4 ears 19-
.... 1.
THRILLING NEWS for users of LIQUID SHAMPOOS
AUSRCCRME
• Shampoo F
alooin NEW ON o C
Plan
NOW
for.
HAPPY
YEARS
AHEAD
I SAVE!
IM
ND 1028 At
ned in. Abilene
I. WillisCox
AGENCY
ns Cedar 2 2005
tonic
VOTED “BET W 3 -
out ef s women who witr
Lustre Creme in new Lotion
Form Ngrinot her kediog J
igud and lotion dhempooet Z
ret
NOW 2 FORMS
c.casomron New LORRE R
270 to 0 301 10 0
FROZEN FOODS
H Honor Brand Cut
L Green Beans i s 23%
I Honor Brand
I Cut Okra . . ioo 24
Honor Brand
I I Frozen Peas 10-0% 18
Beef Short Ribs
Dry Salt Jowls
FORK LIVER
BEEF BRAINS
Rodeo Franks
Bacon Squares
5 1
3 lbs. 1
- 1s I
3 -M
2 - $1
PUFFIN
BISCUITS
) $
F CANS
UIGMAINY DIAMOND BRAND
ITIA SPICED. WHITE OR YELLOW
12.
DIAMOND BRAND. s. t 11 $1
Pinto Beans, Dry Blackeye Peas, Baby Limas . . - Your Choice Ilcans I
DIAMOND BRAND '
'English Peas, Peas & Potatoes, Peas & Carrots . . Your Choice
& New Colgate Dental Cream with GARDOL
1 CLEANS YOUR BREAM Dog Food 1
YGUARDS YOURTE MI PAR
Dog Food ... 7 car.
w
G
G
L
C01
D BBON
REA
Counnes Bus Ts HL CAnBeL *
5 KOTEX
Boxes
ist roois secant
IGGLY
11 $1
Austex Tomato Sauce & Cheese With
Spaghettis: 6 ff.$l
.-Armour’s. . '.■
Poa n 1 Hter , 2 11 02. .$1 00
reanur purrer . Decorated Tumblers....... I
Armour’s Corn Beef. L
HASH ...................3 % *1%
Fresh Country ...
EGGS........................- 39°
TISSUE 15.. $100
KV7 PEAS + 7 mcam51°°
Kimbells Grapefruit
JUICE 4 ...... 100
JU 30
P WISE ......._.,„ 0 4c. Cans 1
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The Abilene Reporter-News (Abilene, Tex.), Vol. 73, No. 348, Ed. 2 Tuesday, June 1, 1954, newspaper, June 1, 1954; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1649497/m1/4/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.