The Abilene Reporter-News (Abilene, Tex.), Vol. 80, No. 197, Ed. 1 Sunday, January 1, 1961 Page: 18 of 36
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BUSINESS OUTLOOK
Economists Optimistic
-About Latter Half '61
Government Plans 8-B.
THE ABILENE REPORTER-NEWS
Abilene, Texas, Sunday Morning, January 1.1961
genuinely helpful in avoiding that envelope and 25 cents in coin to
famished feeling between meals, cover cost of handling.
You may well have read about Because of the tremendous vol-
athletes, sometimes football ume of mail received daily, Dr.
players who aren't very heavy. Moiner regrets that he cannot an.
who nibble a lump or two of sug- swer individual letters, but when-
ar between halves, because the ever possible he uses readers’
sugar, absorbing quickly, gives questions in his column — (Copy,
them a rapid boost in energy right, 1960. Field Enterprises, Inc I
I To avoid the between - meals -
hunger, you do the opposite. In
stead of eating quick - absorbing
_ . ,foods, you eat more of the slow
was announced by the government By JOSEPH G. MOLNER, M. D. pounds overweight could have ones, which will spread their sup-
Friday There' s a story to be told by caused my trouble tin childbirth’ply of nutrition over a longer pe-
. two readers' letters, and perhaps Since my first baby 1 have gained sod
in a joint statement, me Air I can give you a useful tip about quite a bit of weight, and would ___4
Force and the Federal Aviation avoiding "between-meal hunger," like to go on a diet that will not "Dear Dr ' Moiner: I have al-
Agency said the aircraft industry if you are on a reducing diet • hurt me and I won’t feel hungry ways understood that an X-ray
has been invited to bid on develop- Anyway, one letter, from which between meals - Mrs.- N. M." of the heart was a picture of it
ment of such "a plane I will quote only a sentence or so, Mts. N. M , take a tip from and a cardiograph showed its
The Air Force’s current budget is from "E M.B.". who tells, me E. M B Don’t hunt for a "special movement or beat rhythm. Amir
that she weigh-die." Just learn to eat less. right ? — C. E."
led 160 pounds. That way there is no risk of get Yes, you are An X-ray shows
lost 12 of them, ting into a diet thatwill be harm- the shape and size of the heart. A
and is now sat-ful. „ cardiogram by means of graph
that her It will take some will power, representing changes in the tiny • .
weight is right Enough w ill power to change the electrical impulses in the heart Dear tor:
for her height old pattern of eating too much, shows he rhythm and timing be T I see where 8 missionary to
and bone struc- But it can be done tween the various phases of a Latin America is back home
Se writes And this tip will help: Put the heartbeat. Certain peculiarities in ‘there art howa tea pee:
MOLSE a - W^ COLA - - ” -2 2 2u ***** ”
plane include the ability to fly 10 . DEN,sat hunger. 3. thrombosis (heart attack), or W
tons of cargo across the Pacific ’ . , There isa sound reason for this rheumatic fever. M third ass
and 35 tons across the Atlantic When you learn to shed pounds Sugars and other starches are _ third iyclassureishhor hays
....__________________________________. .. ..._____.-----------------The specifications call for a tel wax ox eatin cleal Youthame used very rapidly by the system. NOTE TO M. H.: No, you are folks dignity t0 see scads of
They’re unsoured on '61 even recessions develop abroad. U. S er than the recent monthly pace, plane with a maximum cargo control "Youhaterd a method They are absorbed quickly, worrying needlessly. Fibrocys-U.S. aid money going to other
though as forecasters, their1960 exports will dropBeing logical, the economists capacity .of 70,000 pounds - for whereby The proteins (lean meat, fish, tic disease of the breast, and cys- countries while they get only «
wasn’t too good 5 “Government spending and optimistic about stock prices shorter range — which would be "DereDy you can Keep you weight seafood, cheese, eggs' are not ab-tic fibrosis of the pancreas have little dab.
Hard Push by Kennedy monetary policy have alleviated They figure on an 8 per cent rise, able to take off fully loaded from yers sorbed as rapidly. It is necessary no relationship to each other. -----
The majority is confident that previous recessions because those patterned as follows - a slight a 6,000-foot runway. not 3 do so man P strineld ” re for the chemistry of digestion to — Says they are bound to feel
.....* * ' 3 - *---------------------------not, as no soTree to re- put these proteins, or parts of Never take a chance on dia- slighted the same as he does
duce and ten and the pounds them, through an extra process or betes! For better understanding, of when his banker gladhands other
creepinsriEht .back as soon, as so, before the food can be burned this disease write to Dr. Moiner in customers but won’t hardly let
1 * mup as energy. - care of this newspaper, for copy him set his watch by the bank
Therefore, the proteins tend to of my booklet. "Diabetes — The clock without a co-signer.
stay with you longer, .because of Sneaky Disease.” Please enclose a D. E. SCOTT
Long-Range Jet TO YOUR GOOD HEALTH
By J. A. LIVINGSTON
Don't judge 1961 by 1960‘s end-
ing.
New records will be set in the
new year in total output of goods
and services, weekly wages, and
total retail trade.
Even employment will reach a
new high, notwithstanding a rise
FIRST HALF DOWN. SECOND UP
Top economists expect production to decline than
rise They’re more optimistic about stock prices.
ISO------------------------------------------------:----------------TO
#
STOCK PRICES
(425 Industrials),
. -.
$ INDUSTRIAL
PRODUCTION
in unemployment.
Thus, 1960. “the best year ever
in U. S. history,” will be sur-
passed by another "best year.
The 1961 pattern will be less
wearing than last year’s. Instead
of down nearly all the way, a
second half upturn will relieve the
worries of the first, half.
That's the concensus of 62 high-
ranking American economists who Optimism was not unanimous But weekly earnings .will
For Cargo Carrying Proteins Kill Urge
WASHINGTON 6AP) - A pro- P
gram for development of a long- -
range, jet powered cargo plane ■ Ui EXCESS EOT9
for both military and civilian use • •
overweight could have
contains a $30-million item for the
project.
#
CROSSROADS
E
P
0
R
The new plane will be part of
the general program to modernize
— the Military Air Transport Sery
ice and thus improve airlift capa-
irbility. The Army has complained
-- —.. . 1 for several years that there are
responded to my year-end ques- A bank economist writes “This crease from 590.76 to $93, party inadequat. Wacilities for - .
-----— --;—a ~ they are % different from nreredina me. because of wage boosts: partly supplies to troops overseas '
35 The specifications of the new
so less
■ t i 1 i 1 , 1 , 1 , 1 , 1 ,
1956 1957 1958 1959
1960 1961
6
Saucee Federal Reserve Board: Standard # Poor'L. J. AT Livingston.
-tionnaire. Associated as they are is different from preceding post. :
with banks, corporations, labor war recessions. The decline in because of more overtime
unions, investment houses, gov- capital outlays will be more se- production expands.
ernments (federal and state), uni- vere because, after 15 years of Because of higher incomes, re-
versities, and research organiza- catching up, people and business,tail trade will climb to an annual
tions, they are in strategic posi- institutions are caught up. West-rate of $19,500,000,000 in Decern,
tions to evaluate economic trends, ern Europe is caught up, too. If ber.” almost a billion dollars high-
the present period of, high-level recessions were the result of mod- advance in the first half, real zing: *
stagnation, rolling readjustment, erate changes in inventories and in the second. . A virus is only about one-ree 61 Jaca as soou
recession - call it what you capital investment. In the current This is genuine optimism. Usu-millionth as large as the tiniest you off the reducing diet,
choose — will have spent its force decline we may find government ally the plus forecasts cancel the__. ,..
by midyear. Finally typical ob- economic weapons insufficient. I minuses, and limited gains are speck m Now here6 part of the other let-
the net — especially in a forecast slip through even a porcelain surf-ter:-.
of the stock market 'ace.1 "I wonder if being at least 45 the slower absorption. This can be long, self - addressed, stamped
servation:
“A good many of my
friends are quite pessimistic
about the whole of 1961. I
would be to, ,were it not for
the conviction that President-
elect Kennedy will push hard
for more liberal housing cred-
its, extended unemployment
insurance, and possibly a tem-
porary tax cut to give the
economy a boost. I anticipate
a drop during the first quar-
ter with a pronounced in-
crease in industrial, activitiy
think this recession will continue
through 1961 and perhaps through
1962. Clearly, I'm a pessimist.”
(Who’s arguing?)
Exactly half of the respondents
say that industrial production in
June 1961 will be lower than at
present, but 95 per cent are con-
vinced that December 1961 will be
higher than June,, 61. Moreover,
three out of five expect produc-
tion to reach new highs by the end
of the year, and 95 per cent ex-
pect" the gross national produc-
tion to reach a new peak
Expansion, Jobs, and Wall Street
FAR
I • A NX I
Crossroads, U. S. A.
v thereafter” . Expansion, Jobs, and Wall Street
The prevalence of this view is The major impetus toward eco-
indicated by the concensus on in- nomic expansion" will come from
dustrial production. The econo- defense spending, including for-
trusts forecast a drop in the Fed- eign aid. From a current annual
era! Reserve index from the cur- rate of $45,000,000,000, such out-
rent figure of 105 to 104 in June lays will rise to nearly $48,000,-
and then an advance to 109 by 000,000. This increase will offset
December. This will be only two the slip ,in plant and equipment
points under the 1960 peak in Jan- outlays from a $36.000.000.000 an-
uary. ‘nual rate to $34,000,000,000 by
Inflation will be checked but not June Housing starts will likewise
CHEST of DRAWERS
Values to $99.50
From Discontinued Open Stock
Groups.
Walnut — Maple — Cherry
Priced Below Our Cost
stopped. Wholesale prices and the dip slightly and then advance.
The . second-half recovery
cost of living are expected to ad-’
vance. In' part, because of this,
the value of goods and services
will climb throughout the year-
from the recent annual rate of
$503,000,000,000 to $506,000,000,000
SALE
PRICED from
$2950
OPEN
Monday, Jan. 2nd
NITE TABLES
Values to $59 50
From Discontinued Open Stock
A. Groups •
Maple — Oak — Walnut — Blonde
Priced Below Our Cost
SALE
PRICED from
$1450
in June and $518,000,000,000 by
December. "
will not -end the job problem
The number of unemployed,
now about 4.000,000, will rise
during the winter months to
more than 5,000,000, and then
slip back to 4,500,000 in June
and to 4,100,000 in December.
SLEEPERS
ODD BEDS
LAMPS - TABLES
3-PC. SECTIONAL
AMERICANS HOPE
(Continued from Pg. 3-B) modest and sometimes quite per-
.sonal.
softener agency. “We can't fall Aspirations Are Modest
back much further A San Diego man wants a job
People Less Optimistic that will pay him a little more.
"We re heading into some- A Pittsburgh mailman hopes his
thing." warned Denver parking upcoming raise won't be eaten up
lot attendant Leo Yara. "It could by new taxes. A nurse in Helena,
be war unless Kennedy finds a Mont., hopes her wedding plans
quick solution. The crisis in the will turn out all right. A sailor
Congo and Latin America - out of Newport News, Va . would
K's frightening.” like to get into college when his
Question: There has been a rise hitch is up in May. A Vermont
in unemployment in the United machine operator wants a little
States and talk of a new reces- more time to fish.
- sion. What do you think the eco- Even the pessimists, for the
nomic outlook is in the coming most part, were restrained in
year for yourself and for the na- their pessimism.
tion? Bruce Bailey, an Indianapolis
Quite a few said we were al- ad man, figures to be "$250 poorer
ready in a recession, although not in each of the next four years.”
all of them used that term. They Why? "Taxes, old age benefits
*1 spoke of it as a “temporary let- and other government programs
- down” or a “leveling off” or a will eat up the extra money."
“rolling readjustment " The sur- Question: Do you feel more opti-
vey turned up several, mostly in mistic about the future than you
steel and mining, who were al-did a year ago? *
ready out of work and a number Compared with the AP survey
of businessmen, including a Salt of two years ago, the optimism
Lake City shine boy, who were department suffered the biggest
feeling the pinch. "If a business- setback. At the time 65 per cent
man doesn't do well, be can't were more opimistic about the
come in to get his shoes shined," future than the previous year, 20
explained polisher Bob Oliver. per cent felt about the same, and
Still, 57 per cent thought things only 12 per cent tended to pes-
would pick up, especially toward simism.
the end of 1961, compared with This year, the optimistic group
only 22 per cent who predicted had dwindled to 52 per cent, the
the business picture would grow less optimistic had climbed to 38
bleaker.___________________per cent, and the about-the-same
Question: Do you think you will faction held fairly steady at 10
be better or. worse off personally per cent
in 1961, or about the same? For the most part, only those
Most thought they would either who were less optimistic could
be better off—31 per cent—or cite reasons. These ranged from
' about the same-59 per cent, the Congo and Cuba, the summit
Only 7 per cent suspected they collapse and growing unemploy-
would be worse off. Their aspira- ment, to Kennedy's election and
Regular Price $199.50
Famous Kroehler
Only Two At This Price
Tweed Fabrics with Spring
Cushions—
Innerspring Mattress
SALE $1 1450
PRICED Save $50 lleJ
FORMAL SOFA
Regular Value $249.50
Beautiful Toast Fabric with Foam
Rubber Cushions
Tufted Back this is Offered Below
Our Cost.
SALE $1/0050
PRICE Save $100 1A1e
EBONY BED ROOM
Regular Price $299.50
Modern Far East Design with Accent
Brass Trim. Large Plate Glass Mirror
with Ebony Frame and Brass Design.
Dust Proof and Center Guide Con-
struct ion.
SALE ST E(50
PRICE Save $140 71e.
DANISH BED ROOM
Values to $59.50
Selection of Panel and Bookcase Beds,
Both Twin and Full Size — Walnut—
Maple — Oak — Mahogany
Priced Below Our Cost,
SALE ST450
PRICED from... -
SOFA and CHAIR
Regular Price $299.50
Heavy Tweed Fabric with Foam
Rubber Cushions..
Modern Toast Color
The New Look in Design
SALE s1 0030
PRICE Save $100. ee
ITALIAN BED ROOM
Regular Price $389.50
64"*Triple Dresser, Book Bed and
Nite' Table. Warm Cherry Woods
with construction by Bassett.
Advertised in Life Magazine.
Deluxe Italian Modern Style.
SALE * 90 0050
PRICE Save $100 wber.
Chinese Modern Bedroom
tions in moat cases were-quite fears that we were hastening to
------------------ward socialism, in for another
round of taxes and in danger of
Best, Worst War
Song From Ohio
COLUMBUS, Ohio ( - In a
becoming soft toward commu-
nism.
Some of the optimists were
sense;, Ohio gave the South its optimistic because of Kennedy's
"best” and “worst" songs of the election, anticipating gains in so-
Civil War. .* cial legislation, a firmer foreign
Daniel Decatur Emmett of policy, government intervention to
Mount Vernon, Ohio, composed cure unemployment and a gener-
"Dixie," the battle song that in- al upswing in national prestige
spired Confederate troops. The and progress.
Rev. H D. L. Webster of Zanes- But most were optimistic be-
ville, Ohio, composed "Lorena," cause they felt it would be im-
a sad love song that a rebel gen- possible to face the modern world,
eral contended caused more South- with all its complexities and prob-
desertions than anything etoe lems, on any other terms. "I’m
AA always optimistic,” said an Okla-
Helps self -' homa City man "To be otherwise
MILWAUKEE O - The coffee would cause me to be neurotic.”
break, which has spread to most ‘‘I have to be optimistic, thla
legitimate businesses, apparently year or any year' said Walter
has penetrated the other kind, too Nester Jr., a New Haven, Conn .
The clerk of a cleaning shop re- advertising salesman ‘I believe
ported that a young man walked in America"
into the store, helped himself to Or as Mrs. Ruth Still, a Denver
a cup of coffee from a pot, then elevator operator, put it: “I’m al
sat an a stool next to an unlocked ways optimistic. I always feel that
safe and chatted amiably. After things are going to be better, I've
he left, the clerk discovered that found that's the attitude people
$72 was missing from the safe.” I should have at all times.”
Regular Price $199.95
Walnut Double Dresser and Bookcase
Bed — Plastic Tops for Durability.
Plate Gloss Mirror
Dust Proof and Center
Drawer Guides
SALE
PRICE Save $100
59)9)95
Regular Price $319.50
60" Triple Dresser with Nine Drawers,
Nite Stand, Chairback Bed — Beauti-
ful Imported Songmoy Hand Rubbed
finish.
Cabinet, Construction.
SALE. SO 00^0
PRICE Save $90. - a awe)
Values to $49.50
One of A Kind Grouped to Sell at 50 %
Discount
. Walnut — Oak — Mahogany
Many with Plastic Tops.
Priced Below Our Cost.
SALE
PRICED from
$ 7795
3-PC. SECTIONAL
Regular Price $399.50
Beige Modern Design with
Foam Rubber Cushions
. Deluxe Built by
Kroehler
SALE Sep 1150
PRICE Save $150 w“eb
Solid Pecan Bedroom
Regular Price $478.50
Double Dresses— Book Bed
Chest — Nite Stand
A Lifetime Suite in Beautiful
Jamacio finish
A Large Framed Plate Gloss Mirror
included.
SALE $epdi4.50
PRICE Save $179 “weror
Oak Colonial Bedroom
Regular Price $239.50
60” Triple Dresser with Book Bed.
Beautiful Country Oak Finish—Large
Framed Plate Mirror, Dupont Dulux
Hand Rubbed Finish.
SALE 910050
PRICED Save $50 del
Regular Price $399.50
Brown Nylon Fabric with Foam Rubber
Cushions
Modern Design. A Deluxe
Product of Kroehler
SALE. , $T(450
“PRICE Save $200 loo.
WALL MIRRORS
Drastic Discounts
on Pittsburg Plate Glass
Bevel Edge Venetion
Styles — All Sizes
Also Beautiful
Classic Gold Frame
Styles at Reduced
Prices - SAVE'
Solid Maple Bedroom
- - Regular Price $388.50
Large Triple Dresser Book Bed
Chest on Chest Nite Table
- BeautifulHard Northern Maple—
An Elegante Suite at Below Our:
Cost- -
SALE SeDdA 4950
PRICED Save $90 wweldb
Rockers and Chairs.
All Sizes and Styles
Over 200 to Choose From at Reduced
Prices. Platform Rockers —• Pull-up
Chairs — Recliners — Swivel Rockers.
Buy Now and Save Many
Dollars!
SAVE
EASY TERMS-NO INTEREST OR CARRYING CHARGES
FREE
DELIVERY
525 Butternut
on
E
FREE
PARKING
FURNITURE COMPANY
“On the Friendly Mile" ,
Abilene, Texas
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The Abilene Reporter-News (Abilene, Tex.), Vol. 80, No. 197, Ed. 1 Sunday, January 1, 1961, newspaper, January 1, 1961; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1671813/m1/18/?q=%22~1~1~1%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.