The Abilene Reporter-News (Abilene, Tex.), Vol. 75, No. 178, Ed. 1 Sunday, December 18, 1955 Page: 21 of 86
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3-B l THE ABILENE REPORTER-NEWS . .--
-------------Aene: Texas, Sunday Morning, December 18, 1955
Winters Churches Slate
Special Christmas Events
day school beginning at 9:50 and
church at 10:45. R. V. Hamilton
is the minister.
W. G. Richardson, pastor of the
Bethel Baptist Church will conduct
regular church services on the 15th
of December.
3223
WINTERS, Dec. 17 iRNSi— The
Choir of Bethlehem," a cantata by
Noel Benson, will be presented by
35 voices from the combined choirs
of the St. John's Lutheran Church
and the First Methodist Church at
6:30 p.m. Sunday, Dec. 18, in the
St. John s Lutheran Church.
Solo parts will be sung by Darla
Gerlach, Freda Lou Jackson, Vir-
ginia Spill, Jerry Morgan, Dorothy
Gerhart and Elsie Ueckert. Johnny
Taylor is directing the choir and
Altus Ueckert is organist.
"The Wondrous Story," a can-
tata in six parts, will be given by
the First Baptist Church choir at
7:30 p.m. Dec. 18- Tenor soloist
will be Melvin Jasek of Hardin-
Simmons University. A three part
junior choir will sing "Silent Night.
Holy Night." The cantata, written
by Raymond Earl Bellaire with
music by Richard Kountz, will also
have dialogue spoken by 11 actors.
Paul Royal is music director and
Mrs. Leeshan Henslee is organist.
The Assembly of God Church, G
W. Estes pastor, will have a
special Christmas program Thurs-
day, Dec. 22, at 7:30 pm. There
will be a program of readings and
songs after which there will be a
Christmas tree and the entire
membership will exchange gifts.
Regular church services will be
held Dec. 25.
tree and party for the children on
Saturday. Midnight Mass will be
held Saturday night and services
at t a.m. Sunday
The Church of Christ will have
regular services Dec. 25 with Sun-
"Song of Glory" a one act play
with a cast of 15, will be given
Wednesday night, Dec. 21, at the
Southside Baptist Mission. There
will also be an all church Christ-
mas tree. C. L. Walker, the pas-
tor, will preach on Sunday, Dec.
25 and a program by the Training
Union will be given that night.
Christi Crystal sends her love
On gists and tops and Sack
Our Lady of Mount Carmel Cath-
olic Church will have a Christmas
to the men she sends their need and love -
PROSPERITY IN THE MAKING
Manufacturers decide it’s time for expansion; ditto
commercial builders and railroads.
‘ Plant and Equipment Expenditures "
It s -—.*=****--========--__e*P”______
. MANUFACTURING *",*
3 IO —---
25
THE
jocks by
S-T-R-E-T-C-H
8 7
COMMERCIAL
$
i 1______PUBLIC UTUTEs
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TRANSPORTATION
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Li95i-1 L952- L1953- L954— L955- L956-
, Sources Commerce Dept. Securities & Exchange Commission J. A Lvingrten
WORLD’S
SOCKS
MOST
BUSINESS OUTLOOK
this is the original Helenca sock
By J. A. LIVINGSTON
COPIED
idea from Switzerland...
Boom Still Riding High; Problem
Is to Stretch It Much as We Can
“What happened' You're all out I biles and housing were to 1955 —
of breath." , the kicker, the expansionary influ-
"I was running to catch a enice. It's a cushion against de-
train."
“And you didn’t catch it, I see."
"No. The train had momentum
and I didn’t.”
clines in automobiles and housing if
such declines occur
Plenty of Money
Meanwhile, all this high excite-
That conversation explains the ment _ this pressure an prices,
present boom. It has momentum, this pressure to build inventories.
You can sense it in such items as this pressure to expand industrial
these:, . facilities — is a manifestation of a
Douglas fir plywood prices are prosperity. beyond our capacity
raised $3 to $10 a thousand feet by | That explains the Federal Re-
M& M Wood Working Co., in Port- serve Board's action as recently as
land, Ore. Heavy fuel oil prices a month ago In raising the discount
climb in the Mid Continent reflect- rate from 3 1-4 to 2 1-2 per cent.
Wing dwindling supplies Demand is That was the Reserve Board's way
strong for copper lead, and zinc | of saying that the economic pres-
Glass jobbers and dealers say sures could stand repression For
they're abort of stocks Construe- were mid-center in a boom. And
tion contracts resume uptrend in booms are the source of their own
November after slight dips in Oc- I destruction
tober and September. Steel scrap | What is it that makes a boom?
prices soar Another round of fin-A shortage of manpower and ma-
ishedisteel price increases inthe terials. (There’s usually plenty of
making. Kaiser plans further . money or credit.) And what is it
aluminum expansion, that ends a boom? Business men
Common Plaint: Lost Sales . and cusumers get “fed up" There
Prosperity, like the train, got finally is enough of everything
abend of us Manufacturers, whole- Hence, the problem before Pres,
salers, and retailers were unhe- ident Eisenhower and all of us is
lievers during the forepart of 1263 1 •« stave off that day of too much
The great upsurge in demand for — of having the plant and equip-
automobiles, for new homes, for ment boom end simultaneously
household appliances took the na- with an automobile boom, housing
tion’s most daring prophets by boom, an appliance boom We just
surprise -don’t want to be so completely j
As a result, sales <as noted here 1 surrounded by plenty that we’re
last week) out-distanced invento- | crushed by it
ries st all levels of activity. That’s the purpose of monetary
They're up 14 per cent in a year, I restraint, of a balanced budget, of
against S per rent for stocks on no tax reductions. We're still in
hand:---that happy, happy economic phase
Per real Gala of trying to stretch out good times
Oct. ‘54 to Oet. M —a phase much to be preferred
| to trying to get good times back
Sales Inventories again
Type of
Business
Manufacturing
Wholesale
Retail
Total
18
is
1
14
4
5
Common complaint to manufac- . 1
turers: "You’re causing me to lose 1
sales.” Result: A new wave of
plant expansion Thus, Pittsburgh t
Plate Glass is building a huge,
modern plant at Cumberland. Md ‘
Libbey-Owens-Ford is expanding in !
Toledo. Yet, in 1954, glass manu-
facturers were begging for bus- Iff
iness, operating at only 50 per cent ,
of capacity Then came a record 1
breaking automobile year: a pick- 1
up in housing; a great increase in ,
requirements for mirrors, lamps. 1
TV screens, ovens, storm windows, N
etc N
Bat Whe DM See fit
Say some critics' The glass in-
dustry has everything but market-
research and glass it failed 1.
foresee demand Replies the indue .
try: "Who, in mid-1954 foresaw an I
8-million-car year in ‘55?"
This failure at foresight was
general That’s why expansion |
plans are up 72 per cent over a
year ago in iron and steel; 78 per |
cent in nonferrous metals, 14 per
cent la electrical equipment and 1
machinery: 46 per cent in other
machinery; 79 per cent in transpor-
tation equipment, and 66 per cent
in stone, clay, and glass products
Public utility enterprises, which
here been expending steadily since
the end of the war. are now in the
tapering-off stage - though outlays
are still high, above the level of
1954 Commercial building—stores,
shopping centers, hotels, office
buildings — are on a high plateau
(see chart).
This new boom in plant expan
sion will be to 1956 what automo-
A
MERRY
YULE
TO
YOU
ALL
Ml
SAVINGS AND
Cedar
318
AGENCY
2-2805
Phone
SHOE I
Fetteecon
W IT ISN’T A NETTLETON, IT ISNCT A LOAFER
A pair of Nettleton Loafers under the Christmas
tree for him would be indeed the nicest
surprise he could have.
Since Nettleton originated the Loafer many have
copied its lines, even tried lifting its name illegal-
ly But Nettleton shoemanship remains uncopied
One pair will prove there is no finer investment
We show it in ton or block leather Price 15.95
S the boys
Christi Send
LOAFER SOCKS! |
(sizes 7 to 11 for boys)
2.95
ond
3.95
• Wool argyle tops
in bright fancies
• Leather-bound
• Rubber crepe soles
SHEER COMFORT TO WEAR'
A JOY TO SEE IN THESE COLORS
• Charcoal
• Red
• Green
Boys Dept. —First Floor
• Royal
• Navy
• They
Stay
Up!
• No
Wrinkles
Anywhere'
• Easy
On
The
Toes'
no rubber.. . the S-T-R-E-T-C-H
is knitted in this
fine nylon yarn!
the wear is GUARANTEED!
ONE SIZE FITS ALL!
Solid Ribs - Clocks - Argyles
.00
pair
• Navy
• Black
• Beige
• Brown
• Cognioc
• Charcoal
• Ice Blue
• Grey
• Char-Brown
• Char-Navy
• Apricot
• Char-Green
• Maroon
• Yellow
• Mint Green
• Scarlet Red
• Aqua Mist
• Hello
• Blue Haze
Finer Weaves in Solids
ond argyles, 1 50, 1 95 poir
Men’s Dept. — 1st Floor
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The Abilene Reporter-News (Abilene, Tex.), Vol. 75, No. 178, Ed. 1 Sunday, December 18, 1955, newspaper, December 18, 1955; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1653950/m1/21/?rotate=180: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.