The Big Lake Wildcat (Big Lake, Tex.), Vol. 25, No. 1, Ed. 1 Friday, January 13, 1950 Page: 5 of 8
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JANUARY IS. 1«M
RIO I.AKB WILDCAT, BIG LA KB, REAGAN COUNTY. TEXAS
lAe^nvi^
Tom Wilson, who has been, ill In
• San Angelo hospital, Is reported
to be Improved and is at present at
His ranch home north of here. He
is to return to San Angelo for
further observance early next week,
it was learned from Mrs. Wilson
who was in town yesterday.
Guaranteed watch repair, three
day service. ELLIOTT JEWELRY.
Mrs. Mary Alice Gooch, mother
of C. R. Gooch of the Todd Field, is
111 in a San Angelo hospital. Her
condition is said to have been im-
proved yesterday. She is In her
early 70’s.
Mr. and Mrs. Frank McGuire of
San Angelo, former Big Lake resi-
dents, were guests of friends here
over the week end.
Wo Have Just Installed A New
Brake Drum
Machine
We are equipped to turn brake drums of
any size, for passenger ears or trucks,
including duals.
SEE US FOR YOUR BRAKE NEEDS
COMPLETE BRAKE SERVICE
BIG LAKE MOTOR CO.
mnm cewnuiA* m*. IMr
i
W. H. PATTERSON
PHONE 19S
BIG LAKE, TEXAS
R. T. MULUCAN
EXTRA! THESE TEXANS
REFUSE TO LEAN
ON UNCLE SAM
The 36 Production Credit Associ-
ations in Texas are doing some-
thing that deserves the thoughtful
attention of the whole country.
They are paying off the last dollar
of the capital advanced by the Fed-
eral Government to enable them to
become established.
In a time when large numbers of
DEAD
ANIMALS
Un-9hinned
^ovtD tree
CALL COLLECT
SAN ANGELO: S2M
If no answer:
Call 4023-2
SAN ANGELO
RENDERING, Div.
8an Angelo
By-Products, Inc.
Now...lt's Easy as II* (S to own a
NEWJ950 LEONARD!
WHITE’S ’'SxclcMioe''ABC Easy Purchase Plan
DELIVERS and INSTALLS this
New 1950 LEONARD in
your Home with 5-year
Protection Plan . . .
Not only that . . . WHITE S
ABC Purchase Plan ivukes it
easy with unusually small
'mlJ.
%*
MONTHLY
Yes..It's Easy..
UNTIL APRIL 1952
TO PAY THE BALANCE!
You too, cur own o Leonard
Don't well for ileel price! to odvanc#! Buy your ngw 1950 Isonord todoyl
Hi oi *aiy at
ABC ol Whitg'i . . . us* Ihg exclusive ABC Eoiy Purchase
—xr~5
Plan. This simple plan enables you to buy ond •njoy your ntw 1950
Leonard now Only $3 down will deliver and in stall, in your home, most
BIGGEST DOLLARS’ WORTH
of COLD SPACE in
the LEONARD
BY FAR TODAY S
BIST BUY!
8.6 cubic foot
REFRIGERATOR
A JS-lb Breeier Ch»»l
* Sliding Cixp.i
A 13 Poison Temptiatui* Cenfrol
* 16 3 m It Shell Area
* Hug* M.ol Tiay
priced at only...
*22995
OTHER RIPRIOIRATONI PROM
* $189.95 to $449.95 •
Yes . . . It’s True . . .
You, too, can own a
NEW 1950
LEONARD
REFRIGERATOR . . .
It's Easy os ^
At WHITE’S
1950 models . . . only $3 monthly for three months, Febfuary, March ond
April. The first regular payment is not due until May, otter which you have
24 months to pay the balonce 28 months in all . lour months tree
of carrying charges!
Remember, White’s is always ahead with greater values and easier ways
to buy . . . ond for your convenience, easier ways to pay, too pay-
ments are o/wo/j made at the »fore where you purchase your new Leonard
. . . always of White'll
&
LEONARD ... BUILT TO SPECIFICATIONS!
★ POLYSTYRENE! Their in e wort! is the biggest mason why the
new I'<50 Leonard is such a lieauty' Ttm post war miracle material adds
magical beauty that's easy on the ryes sfavs lieautifu! throughout the
years’ It adds beauty that * easy on the eltxiw too as ra-y to keep
clean as a fine china dish’ Polystyrene will never discolor or wear oft n *
white all the way through'
★ OUALITYI Always a must" but even more obvious than ever in
your new 1950 Leonard’ Reflected in the esceller.ee of man uals, of w.uk
manslup. of design it s apparent, above all. in the special provisions n»r
storage needs the big 35 lb. Freerer Chest the Ice Popper re tiay
with “rocker-Action” release . the spacious shelf surfaces the Polysiyiene
meat tray and larg* capacity crisper
★ DEPENDABILITY! In your new M50 Leonard ymi mr as... cd
complete talialnclion’ Plenty of storage space .9(5 cu It ■>/ it depend
ably trlngetatid by Leonard s great Glacier Sealed Unit! And now Lc.ni
aril's new Mono Mount suspension assures even quieter practically
vibration free operation.
Remvmt: r. . . WHITE’S purchcue plan
assures immediate delivery . . . only S3 down
... S3 monthly . . . for 3 months !
AUTHORIZED OlAllt
WHITE
rtutaSt&ic
Till HOMf Ol GPIATIR VAIUIS
people are seeking dependence on
the Government, it is exceptional
to find a group that Is voluntarily
giving It up. The action Is all the
more Impressive when these facts
are considered: The use of this
i Government capital was free and
' no time limit was set for Its return.
I In paying It all off, the association*
automatically became subject to
Federal Income and other taxes,
from which Congress had exempted
them so long as they retained any
Government capital.
When Congress set up the pro-
duction credit system In 1933 and
Ed Phy’s
Photographic Service
BIG LAKE. TEXAS
COMMERCIAL PHOTOGRAPHY
appropriated $120,000,000 to get It
started, It aimed to assure the per-
manency of the associations and
also to permit the gradual return
of Government capital The PCA’s
were made co-operatives, with each
borrower buying stock In propor-
tion to his loan. Eventlally, It was
Intended, the farmers and stock-
men were to own these associations
completely through the purchase of
capital and the accumulation of
earnings Into surplus reserves. The
responsibility for achieving these
ends was put upon the farmer-
stockholders They were to operate
and control the associations, per-
forming the tasks of making repay-
able loans and building up strong,
self - supporting institutions,
through boards of directors chosen
from among themselves
The farmers and stockmen, who
directed the affairs of the Texas
PCA's, took these provisions literal-
ly. During a 16-year period they
made loans totaling $844,434,523
Losses plus the reserves set up to
take care of such contingencies
amounted to less than five cents on
each $100 loaned They also kept In
mind the other half of the arrange-
ment. By last July 1 all but $105,000
of the $7,835,000 of Government
capital once advanced to them had
been returned The last of it Is be-
ing paid off right after January 1
It took some hard effort and per-
sonal sacrifice by the PCA stock-
holders to attain this financial In-
dependence To Increase earnings
they agreed to higher Interest rates
and service fees on their loans and
they dug down Into their pockets
and bought more stock than was
required of them But they met the
challenge, and they begin their
self-owned status with around $15,-
(100,000 of capital and reserves TMs
is a sum equal to 25 per cent off
their highest volume of loans, a
ratio which they seek to malntalaL
The Texons are the first of tto
twelve Production Credit districts
to become wholly farmer-own ell
this action they have erased 'flMe
charge, often made, that these
farm credit agencies are subsUtasB
competition. Their reasons, as wHI
as what they have done, are worOk
noting by the rest of the country
They felt they should carry «dt
their end of the bargain made by
Congress And they like to be inde-
pendent. That attitude shooMf
bring a lift to the hearts of a lot of
Americans
Editorial from Country Gentle-
man, January 1950
MOTHER DIES IN RANGER
J A Wilson of McCamey, whs
lived at Santa Rita for a number
of years before hLs recent transfer,
was a visitor in this office Vhh.
week He told of the death of his
mother, Mrs Mary Wilson, 71, wh»
died December 27 after suffering a
! heart attack at her home In Rut-
ger Burial was at Mount Tabor hi
McCulloch County Mrs Wilsas
moved to McCulloch County trass
Burnet County In 1882 She had
made her home In Ranger for Tt
years Immediate survivors are the
son at McCamey and another so«l
Roy Wilson, of Lake Charles, La
Bridge table sets, consisting «f
one table rover and fosr
j made of linen-like paper in ah
sortment of colors to choose fr
are sold at the Wildcat.
Phone 23")
llijr Uike, Texas
Ford
remains alone
in low-price
“Eight” field
“Reports were current several
months ago that Ford might en-
counter competition in the low-price
eight-cylinder car field 1 he manu-
facturer considering such a dcvil-
opment, however, apparently hus
decided against it.
“The temptation to enter compe-
tition for this market is strong I ord
derives considerable sales appeal
from ability to oiler an eight as vidl
as a six in the loss cost bracket. Uu\ -
ers are attracted by the additional
smoothness and power performance
afforded by the extra cylinders.
"Principal reason why rivals have
steered clear of eight-cylinder power
plants is cost. Ford has been able to
hold expenses down by utiinufactui-
ing economies not often duplicated
by others.
"In pioneering the low-price V-K.
the Dearborn producer had to strike
at the heart of the cost problem.
The company was the first to cvolse
a method of making an integral
V-block and ciankcasc casting.
"The Ford Company is noted lor
excellence of mamitacturing tech-
nique. Part ol the reputation n
based on willingness ol the manage-
ment to spend ntones oi work-
saving equipment. I he Rouge plant
foundry, for example, is a model of
ctliciency. Air-conditioning elimi-
nates some ol the disagrccablcncss
common to most foundries, while
conveyor systems and automatic
machines obviate much of the usual
back breaking and inefficient hand
work.
"With the use of advanced pro-
duction methods the com pans ha*
been able to hold expenses within
reasonable limits I his is true even
though use ol the larger engine
means two more cylinders with
more pistons, rings, con rods,
sparkplugs, etc. lor each car pro-
duced.
I he lord production technique
Involves a high degree ol precision.
Vendor, regard the company as a
'tough customer' because of the ri-
gidity of inspection standards Sup-
pliers know they must comply
closely with specified requirement*
or face heavy rejection.
"The precision, together with the
extra power of the engine, account*
for the unusual performance of the
lord V-K lord's ratio of applied
horsepower to gross vehicle weight
has long been a favored design char-
acteristic Other manufacturers have
found this power plant too difficult
to build inexpensively enough for a
small car.
“From present indication* it mav
be a long time before compel rs
can challenge I ord in the low r i cd
eight-cylinder Held."
Rrpti ht /tom Woc'ilt* Tr.i i<>-
tive Reports, Sept. 12 inue.
X 0
,
• - V««itil?--s
,-Cuv'TT '<&■ '.....1
How aheui this “Not”
for you and the fel-y?
It s never a day too soon to stnrt saving nutomaticnlly
with U. S Sav..,|i.. bonds.
They net you $4 for every $3 you invest —after 10 years.
They form the jyerfcct protection for the family and yourself.
Join the Payroll SavingR Plan where you work. Or, if
you're not on snlnry, nsk at your bank about the equally
convenient, equally profitable Bond A Month Planl
Automatic saving is
sure saving-
U. S. Savings Bonds
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Werst, J. L., Jr. The Big Lake Wildcat (Big Lake, Tex.), Vol. 25, No. 1, Ed. 1 Friday, January 13, 1950, newspaper, January 13, 1950; Big Lake, Texas. (https://texashistory.unt.edu/ark:/67531/metapth631020/m1/5/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Reagan County Library.