The Cuero Record (Cuero, Tex.), Vol. 72, No. 308, Ed. 1 Wednesday, December 28, 1966 Page: 8 of 12
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Pag* 1> THE CTJKRO PtJCCOKD Wfd. Pee 28, 1&S6
79c
CREST
Toothpaste
INFANOL
( RAMPS and
diarrhea
■X A Few
Big Boxes
CHRISTMAS
CANDY
ALKA-SELTZER
25
Tablets
65c Value
BABSON'S POINT OF VIEW ON:
Babson’s Business and Financial Forecast for ’67
'ROGER «. BABSON
Thr close of 1966 marks
i China from direct attack
| the United States.
iiy rroumoK ................. ............ — V or ■ com will have enough strength ; proper health so too the .mono, are only temporary and . wt” I /‘^iTlo^m-nessm.'n'^d
business capital rx- • The pattern is no, e.spectH ,0. j Su “Inusf *S> ™'i*rio*o Cm’‘comEns, ’the' 'Iwomlv j tovr.dors to hr vo' strong confld-
■ c y- r*. - brs££ JSiSisszrsSirr z -tv:;-* — -^:srsr,fcTO,,, .ten t ar.« zzstmx
,hc lonR’!. - toTvmue unabated through-1 ** no substantial rHiri from u,.!v reflecting pried inflation 4<s Th<. ,, ,up tlP „ !o1 ,,f t,(Ik :'19ti?, n • 1< is -should D-w of! test the depth of the water he-; until the imwi t.upti. s ju
ct ,'.ai- ss hootr. of all * 8Jrk:the inflation in tabor a,, othe, ,-n, (.onMim,.,„ hnv,. a^l tin ee.J.mv , — su.nneos that ou, run , . fore wading in. That is behind head have been resold.
‘••n*. f-.r- tne Amertran econtvttnj' 1*11- ruu --. nnomttnm costs, in shmn. w ' ........r-
tll<-
my. However. “trees da
not l
-iU * ntoun.H by the l^m-i^Tha^ \"nfbu/.n ■ — money to spend. .:eh. j ^ rneving ......Mut l warn
borrowing- costs,
:?ed the earlier phase of the .ering satellites to
bisiresr. upsweep have been in ■ manifesto reading
rreasing in 1966. Hence, t h e : out of the Party,
outlook . for business and ,5 Recent elections
I readers to examine carefully
the advance it) Gross National
d’ltsluet which ! am fore-
uise some tightening of casting here. FVggest pari of
V> 4 on „ V /•;• . , ; purse unngs i the ineri-a.se will come from
P,ed China; climbing, I lo°k l"r‘ a 1,v' 1 ....... , _ , i........i ’■ higher prices and wages.
49. I foresee that a breath-
grow tr> the sky." Already, j lin against Peking. Tt will be. coexisting witii deflation. credit. high
s.giis of deterioration in the i touch and go. however, whether u. A key factor in the business and higher price levels could
expansive vigor that character-'! Russia can persuade her wav-land financial out’uok for 19r”. is:
• ■ • - ----mu... -- sign a final. taxes. ' With defense outlays
'ir-ir 1 in 1967 is of greater-, Germany have fanned the errt
Par-usual importance. (hers of nationalism into a ,in\
Lest readers of this column j flame. This has surely thrown
h.- terrpt‘d to “push th panic' a scare into Russian leaders. T
. biittogj . however, Jet me state, predict that they wall take a
ft would be unwise to expect a 1 bapi'-r line against Germany
jr-n->r depression in 19'JT Our Jin 196.7 than in some time, I feel
greatly exp r.dcd econ .my still'that we should particularly
has a consider; ole cleerr.- of watch Geneial de Gaulle, who
momentum. Tne' spotlight on j is playing closer and closer to
L-hT/therefore, should h-us up Moscow from month to month
on those factors which are like- 6. Heavily armed with Soviet
jeon'orm. and personal taxes in » Spending for food. apparel.
Wost.j 1967. Moredv.fr-, 1 forecast that' and general merchandise
' various levies at the state and should be greater in 1967. Also,
levels will continue to, increase.} consumers will devote a goodly
]2. The tightening tax squeeze.) portion'of their spending budge,
on all fronts will wor .-n as the I for leisure activities, vacation, j can ^ correctpd on) ‘h ., ,.p.
vear advances. And there will and travel. turn to. fundamentals. Jqst as
l>e rising complaints foam both \ 30. Durable goods may not fare human ,Hx)v r irps a(Jp.
hu inossmen and employees I so well. Demand for home -
Its flame consumes smoke and j needed only two months to mas-
odors while disposing of virtual- ter the fundamentals, something
she said takes most students ti
year or so. And further, she
said, “he has perfect pi,eh.''
ly to hsuse a breathing ?oe!! in
econo-r e activity. Politic'.ms
and lat>--r leaders have a pho-
bia a gains* even a hesitancy in
weapons, the Arabs of the
Middle Past — squared off
"Cains* Israel present a
crave threat to world peace.
Ma against even a hesitancy in crave uimni
husinf ss', nd rtt«h headlong in-! Nevertheless. 1 do not believe
to rr' -.s,j-cc designed to treat, that Russia or the L nited
p r> . - ' v'vuv". rh -vhen edd) S*ates can afford a direct con-
w-iiVd Na more appromiate
p:
i AP.ho-jgh, bu-siness and finm-
r'p] .-■ ms-loam large in the
p-v.rpe-ty for pica. T runs* first
v r.a readars that- the greatest
d.- r~.~r "for the year ahead does
on* 'ext?*‘on the domestic front.
,r wi‘t be developments
.....d - * i’. ill hol'd th® grav-
frontation at this time; hence
,my forecast that the smolder-
ing conflagration there will not
rmp* into World War III.
7. While all reasonable people
are hoping for a genuine peace
in Vietnam I predict that the
issue will not be resolved in
Afr.c
that social security are becom-j appliances, color TV sets, and
ing unbearable. j furniture may be hampered by.
13. Results of the recent elec-1 tight credit land, high borrowing
tions indicate that the headlong j costs, plus the lethargy in new
run of the Great Society Pro- j home building,
gram must take a breather a- 31. I forecast a decline in new
long with the economy. Gaiinsj mto sales. However, with the
scored by the Republicans have 1 increase in the population of
altered the balance of pow-1 driving age, and with t h s
er sufficiently to force a more [record rate of personal income,
sober look in public spending, new car sales could hold with-
12. One of , the primary reasons j in 10 percent, of 1966's.
for expecting a deceleration in 37. Soaring living costs will hit
the economy is the likelihood 1 the headlines more often in
that business capital expenditu-11067. fre will be directed most
res may ease. Tight credit, stis- strongly at runaway service
pension of accelerated dopreoia- j expenses — especially medical
tion guidelines, and suspen-1 —and ■ at advancing red meat
sion of the tax credit. on.,!bUsi-1 prices.
ness capital outlays will be ; 33, Despite new highs in the
tough obstacles to surmount. j cost of living, I predict there
15. Except in defense industries. [ will be many, signs of deflation
1 swinging in our •«*-«•*•. »»« ,1 laak for an abrupt switch dur- jn the midst of inflation. Chief
. . -,rv rvr-pohdeal | may be forced to increase our , ing 196” from a business policy among these wall he sliding pro-
, . no'w.,r hptween the 1 commitment In order to retain [ of inventory accumulation to , fits, rising bankruptcies and
and* Russia in I this upper hand. lone m inventory liquidation i foreclosures.
However' tenbe- 8. I predict, therefore, that mili- j 16. T forecast that scarcity of 34 industrial commodity prices
■— tars* spending will be raised in j credit will continue to be a pro-1 should be firm to slightly high-
1967 This can help soften the! Hem with which business must: er Selective price markups will
imnact of any easing in the contend in the early part of he necessary’ to offset wage
The money manager- • hikes,
keep enough credit; 33 Profits began to wobble in
busi-; the final half of 1966. T am
nn ; cons inced that hesitancy w i 11
in 19-17. The fantastic tmom Is t early radical easing of. credit. . grjVe way to decline during the
„ e-. in p-cd of a rest Instead of the 77 H’-wever. I do foresee I yPar ahead. Big squeeze on
CL na-1 strong uptrend of recent years. | enough of an easing in credit tovmnr£jjns will, come from soaring
■ted in 1 T look'for a b!eh-level ef indu-- permit more orderly monetary costs, especially labor.
ing spell in the economy ran [ is to prt a lighted match to lho
prove helpful. The prolonged smoke of a cigarette. You'll
pros peri fy has bred waste, lax-[find the smoke is burned up by
ness, and inefficiency. Ttirse the flame.
The same principal, reports
the Gas Appliance Manufactur-
. , ____ .. ers Association, is used in the
quate rest in order to enjoy gas-fired household incinerator.
Ml{ POLLUTION
DOES A Bl ItN
NEW YORK - <UPD —A sim-'ly all combustible refuse.
pie parlor trick may \sell be the I ----------
basis of stopping the air pollu-1 MUSICAL PRINCE
tion caused by the dis|>osal of 1 GLASGOW, Scotland 6 IT
garbage and trash. The trick Prince Charles, 18-year-old heir EVEN DOZEN
to the British throne, seems am-1 ST. I/X’IS fl.’Mt <'-athy
bitioiis to become a one-man Sweeney '\as 12 years old on
band. Already accomplished on •
......— ---------- • , , thc 12th dav of the 12th month.
the guitar and trumiiet, he has • ,
taken up study of the cello at his December. She ’.v is horn on the
Scottish school, (lordonsloun. 112th wedding .mn 11
His teacher, Ella Taylor, a Scot- j parents Mr. and Mrs. hail
tish cellist, said the Prince J. Sweeney.
.. ____ 1967.
:o pur tovtVry These 1 Though th» tide of battle is
•fwv»ncmi'c as well 1 swinging in our favore, we
•he tv, 1 wor' J leaders
m to reach hreak-
ps K" n-f n "go,"
r-
in the
e-'c ;'e div'ersibfvs to priv ate sector of the economy;11967.
V e'na.m -Look for I 9. Turning now to domestic con- j should
r.,s-’’t on fe«*pr- 1 di*ions. I foresee a definite de-j available for legitimate
. xy-id'" E;st | eelernrien 'in business seUvity j ness needs, hut I _expect
Gc:-m-n.y
- so h - - f r *h-;t e d
(•■'S’ >-w-1'-f ♦ n Ko-i L • ..’l.TH L lifZLi ur-i «•».. »''-••• •------t V «I v-us.11 v* «.s. - - - | '**•** S**1-’ V.V....V.
;• c ... v,,. -’.-ovtcd -n'i lor, k for a h!eh-level ef indu«- ■ permit more orderly monetary costs, especially labor.
0— ti.--. f d. r>.. --n- aft- w-,1 production• early. In the | conditions.- If the economic sit- i 36.. 'But- profits results will also
money jvnry widely from one company
move and one industry to another, as
downward sharply. _ j sales volumes sag. hold, or ad-
... ....r,-iir-^..,- \< .o-'oo,; - vear; d-ut unless some new Hi-j nation if-"Iters badly.
-- -or* a «a» vrsml> f-'-r ' mulus is introduced. I fear that; mtes wi’l. of course.
.- f,,-i .--.virr RHv-a cre«nng-bwr pattern is likely
.. .. h p to urrV to develop as 1967 progresses.
.... ^ . i-.T^.s-rs pc-'-v ie 1 forecast a continuation of
s' of
1.8. I predict that commercial vqncp For example, I am will-
and • ipduStria1 building will ing to “stick my neck out”
x p- ig.-iv-gy! 'plus the tug, of war between ir/'a- .trend iov - in 1967. r-Tec* r,". and sav that oil companies will
^,,...,,1,... ;r,» n-’"'rar pr> • f'on and deflation ;n 1967 Tight -he tape ring of* in cap.fal out- Pnjoy a sel.es rise, but that the
c-.n-.' i restrain Red credit, and Increased produc- hays _ j auto makers will he struggling
'* j with a volume slump all year
4. '
f/
4M.1&P
SALE!
Buy an extra pair of shoes with
that Christmas money.
LADIES’ LIFE STRIDE SHOES
at $2.00 a pair less, for example
$13.00 shoes $11.00
SMART AIRES reduced $2.00 a pair
$11 95 shoes $9.95. etc.
PERSONALITY Shoes reduced $2.00 a pair
$11.95 shoes $9.95, etc.
Lot of Corfams $14.95 — $11.75
Mer's FLORSHEEVI Shoes
Reduced $2.00 a pair
$26.95 Shoes now $24.95
One Lot Brown Oxfords
$23 95 and $24.95 for $15.00 a pair
ROBLEE Shoes — Ties & Slipons
at $2.00 a pair less
$17.95 Shoes $15.95, etc
One Lot Odds and Ends
$15.00 Shoes for $10.00
$14.09 Shoes for $9.35
RANDCRAFT Shoes
Reduced $2.00 a pair
$26.95 RAM) ( ORF.AM - $24.95
$22.05 RAM) CORF AM * $20.95
One Lot Odds and Ends, not all sixes at
these prices.
$9 05 Siin-ons in Black or Brown - $6.65
$8.95 Shn-ons in Black or Brown - $6.00
On ? <1 R \ NTH RAFT K BI STER BROW N
Oxfords at 1/2 price
f >nc I.i) !t of Bo\s and Oirls Shoes
5 to S SL to 12: 12!g to 4. Not all sizes
HALF PRICE
lilUIAilDS 01 ('uero. Inc.
10$ 1 Mam
CR 5-5211
119. Mortgage money HyaiM 're-
' mi in
a - ... . - . .
-e :r *9- 7 Hon- e, 37 yy,p combination of vig-
- residcnt;"l l’i.'Jv ' sHotild f**' ,,rvv;* business, pinched pro-
;norher fhc-tpt1*- '-' : ’ >'• ";r - l-t. ip-irin' ' apd «.tringent cred-
• 2ft. 1967 c' -.-ns v ;fh f •• hu d nr . • to nn in-
of sing.* ->vw-« m -* s*r’e "' create n ‘>usiness failures, sha-
Starts -a-re -i”wn over 4° i: ns- f--.t thri'financially weak
percent' fr«-m yr-r"--:-.r,.ei ’e' - . -neff .-‘.ent
o,lc. As a res-ul* 1 fori'-i'as* -'■•’’I .39. C>!Jec*. >n< may he more di-
the. Admir.ismatipn• w>,!• ieav- , ffE-ul-t in 1967' on-.business ac-
I no '’one un’-iiTitd to 'linn de , ount-s. consumer inri.d:'mcnt
•• construe:>',*n < ’ h*U'-e« as «es>n ,.n^ charge account’s and nor.
.as posriWe At -best, .lvi.wey.-r, debt. T,.forecast a further
:* t.sj tx? ;r;,dye.3r or after be- . ,P ;n nonfarm real- estate fore
fore this important part of our p;0)!,jrpf
J cc-tmomy can eontf ibire much ^ Barring crop fnllure'. T fore-
strength to over-all bustnos*. l ra.-,t another good farm"pro-
21. Although new !v>us:ng shirts. uucyon year. F trm prie s
may remain I" tne do d up*" r-.j!e firm to slh-b-’;. high-
for most of --1967, I eonf.-ien' > . Pr ]r 1967, hut higher
forecast that the year w II see r-,r,x may result in a slight
*he beginning of a grea* !«o>m ;mr, jn ^ realized farm in-
in the construction of new, mod- PO-r,P
em nursing iywncs. . , 40 Ntn^rtheless. farm equip-
22. Despite President Johnson s , manufacturers should .en-
request for cutbacks, puh..c ^>od.. bits the*#, Sales of f«r-
irmstru'-pon sbou'd enj">' a' tMizms and. insecticides should
fairly g- od ye-ar; the emphasis Tost .rains
wail be on oridgf-s dam? and 47 lari's s*ock market promis-
water and sf-w -r system* i Ps to be one of vicious selecti-
23. Tie expected declines in re- v,.y 7 am expecting th» old
ridentia! building end in com-,.aristocracy of the Hue "hi;1
mere d and indusmiitJ building based on past performance to
rntwithManiding. I forecast y,p replactrl by a new e.ristoera-
•ha* watcrfrtnt property will.. 0f super-able management
remain a gpol Inflation hedge. v.,ixod irr»>n hopes of good fu-
24 I^aVx>r stands at the cross-[tore performance
roads a? the new year open; j2 I forecast, however, that 1*167 •
Things never looked better f;r.vvi] stjll hold many dangers
naiiing down record wage and 1» r »he speculator, I urge read-
fringe gain.*; lyiwt-v'er, neither; rs not to borrow, money f|
•h« public nor the Congress js j,.)v stocks, -id 'I ur-e !r>ve»*-
n any mood to tolerate ton? , ors to buy for gm -wri, and baric •
g-rrily, and inconvenient *uu* ,r.ves»nient valuer.
dowr.« T fret-jy predict * h a ; 47. The safest kind of l.-mg-term
:oa» there ,1s more lrkelih<yri :• bonds gee available now at
:n lr<67 of reririvtive labor legr-- • r,ri"es affording "erv close to
la* on than at nr.y time 8.me *-nP highest in*ome returns of
Taft-Hartley was put on * t <• the century. It is a good bet
books Union chiefs are aware there will not he so many;
of this, and tb~y may act w.t> p^v^de Issues on the her-i
-"ir,Pa strike r- st-aLot than.mos* rrajn counter at the end of 1967,
t-eopje now exTiCC*
75 *967 prom'-es to pe a ye;
'- v "'-• . -.fr. m .nc t-’-m, •
VV'l’j Kfa
■ ‘.on •/, c or; to I rlimt.ing iav«.
/yc't 7~r.f p Yf]j,if i'-jp V.: .
■■ d 'ir:’: prv -an1 in
r.X: b r ’
r . Y,i- 'j.r)r'<:':rfr.
i^p-*i. 7 t<<tf 1 ,-;-•
, • , * , i," v be p. t
tips - yrr.ert nqx* yes-
! :>.• ’el ft-•■ ••rice r 1
,<• r o,;., .-> Eri* ur i-
p - -,o ry’,f'r.d’*: ."f : C
r fib-VC •.•,•!,-.• < re .w e,,mem-
< ,rr e
the
-ueou--;
‘ ■*,. */e
I
SV>u!d the 90tb Congress txyri
income taxcri tax-exempt bond?
w.-l put on the test performan-
' e.
44 World opinion on the future
pri-e of gr ;d bos bVr.srt ho*
and ro'd many time* in re.
ccri* r-ears Though levels- in ** *
•.?,ado. I predict that eold will
again be in the spotlight be-
fr,rr 7^7 rn:4.
4") T f(,rc( ') ?♦ tvVi* <*.r
.*,v *w vk {p \r¥71.
■V tho pry-irvl will c/mtirw «hn-
\( rvrt :n!y rmpr**** w'i’1 b*
c<tT,e rrv>rr* Ari'1 rr otp rntjra1
r ♦* o }• <f * y'l r.? on »fD<1rr
• 6,6 tV*
\V • on ‘t* •P:*r» -vhr-V
-,-r t# ;
1 r-r~
tr>r-
Now's the time to start your New Year’s SAVINGS
Party with a quick stop at BUTTERY'S for BIG
VALUE BUYS in Health & Holiday supplies. We’ve
the LOW PRICES you like best—on the top quality
brands you want most . . . just in time to help you
look your best, feel your best, and have the best
time of your life as you greet the New Year.
1
ASPIRIN
89c VALUE
SPECIAL
Price
CHRISTMAS DECORATIONS
SAVE MONEY BY BUYING NOW
AND PUTTING AW AY FOR NEXT YEAR
2 PRICE ON
BOX CHRISTMAS CARDS
$1.00 — $2.00 and $2.50 CARDS
25 CARDS I ER BOX — 1/2 PRICE
Save by Putting Away Until Next Christmas —
EXCtinw"
IP
£*»ra String
100
Tablets
v
pain Reb®vcr
I29
CONTAC
$1.50 VALUE
1.29
$
Special
PHILLIPS
MILK OF
MAGNESIA
79c Value
SPECIAL 49'“
Your Prescription Is Our Host Imporfanl Responsibility----
L.L7BimERYTi,
I
PHONE
CR 5-3332
DRUGS r cuer(
RELIABLE PRESCRIPTION SERVICE TE'XA:
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The Cuero Record (Cuero, Tex.), Vol. 72, No. 308, Ed. 1 Wednesday, December 28, 1966, newspaper, December 28, 1966; Cuero, Texas. (https://texashistory.unt.edu/ark:/67531/metapth699128/m1/8/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Cuero Public Library.