Sulphur Springs News-Telegram (Sulphur Springs, Tex.), Vol. 111, No. 106, Ed. 1 Thursday, May 4, 1989 Page: 4 of 12
twelve pages : ill. ; page 23 x 14 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
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>j Grand Opening j
sv (Diann 's Teifect ‘Touch a
• 103 SlunterStreet
t Sulphur Springs, ‘Te^as
Friday & Saturday Afternoon, May 5 & 6, 1989,
a at 1 '00
*We hope you uiHjoin us. *
o •Exclusive Candle Shop*
214-885-4896 ‘ %uJ**t*
VF Corp.
Two-Year Weekly KSgli-Low Range
Two-Year Weekly >tgh-Low Range
X
Borden
Two-Year Weekly hlgft-Low Range
Stocks of
local interest
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Business Mirror
I"-*'- »■
to
By JOHN CUNNIFF
AP Business Analyst
NEW YORK (AP) — In recent
weeks some of the economy’s big-
gest fears, including those all-
American worries about big trade
and budget deficits, have been at-
Business
Notes
Medical
Gregory W Baker has opened a
chiropractic practice in Sulphur
Springs.
He is a graduate of Texas
Chiropractic Col- t
lege and ‘ has
operated prac-
tices in Deer Park
and Beaumont.
He attended
Florida College
and the Univer-
sity of North Al-
abama and is a
graduate of Deer
Park High
yj
* ^ 3
I St , '
Farming Z
' The”Farmers Market will ~Se
open on Thursdays and Saturdays
In Cuy Park.
-Hour
fours are 6 a.m until 8 pan.
tacked by critics as being over-
drawn.
Budget deficits, they point out,
arc no higher now than in many
other years when measured as a
percentage of gross national prod-
„ uct. Besides, unless we go on an-
other spending spree, they say, we
might even tame the beast in the
' 1990s.
And, it is argued, the equally-
worrisome trade deficit already is
on the way to being alleviated if
not corrected, with export orders
building and American companies
showing daily evidence that they
arc competitive again.
On a larger scale, serious
questions have been raised about
the inevitability of the economic
cycle. Isn’t it just "economic
nature” for expansions to be fol-
lowed by recessions? Maybe not,
some now say.
Some of the reasoning in regard
jo die less-cyclical nature of the
economy is interesting if not con-
vincing. R9her than having nation-
al or global downturns, it is argued,
we have downtums^limited to
regions or industries.
There is evidence, for example,
that this very thing might have oc-
curred in the -y.S. economy ovfr
the past six ycais ot so Wc avoided
a national recession, it is s»i<k. In.
stead, regional downturns relieved
the*pressure.
Two years ago, for instance,
many areas dependent on oil, mini-
ng, agriculture and certain types of
manufacturing were indeed in
recession, but national statistics
didn’t show it because of East and
West coast booms. [
Thus, for official purposes, the
country never had a traditional
recession in this period. But sen-
sible economic minds and millions
of Americans know very well that
recessionary conditions existed for
much of the country.
Have the definitions and rules
changed?
Old-timers will tell you that to
toss out the old rules and the tradi-
tional assumptions is a step toward
disaster. Just as soon as you get
ready to abandon the old
guidelines, they say, the old
guidelines reassert themselves.
They observe, for example, that
abandonment of old measures of
values often accompany every ex-
plosive bull market in stacks, only
to be embraced again ^ prices
plunge back to reality.
Still, there remains an inVnortant
area where existing mcasuresNfnight
indeed be out of whack. Am
it has been said for decades,
among the world’s worst savers,
pulling away only a fraction of
what the Japanese save.
From 1982 tnu 1987 Ok U.S. .
savings rale was a mere 3.7 peneem -
of gross n-Uinrial pnyfiirt com-
pared with several times that in
Japan. Americans, it was said, were
squandering their income instead of
investing it in progress.
Monthly honor
Nancy Hinman, right, accepts recognition as tomer service department. With her is Malcolm
employee of the month at Grocery Supply Co. The Kirkland, division president at Grocery Supply.
May hoaoree is an employee in the company's cus- —stair photo by i>*n» l. clearer f
rr
Sales distinctH
Wilbert Roland, left, a salesman at Price Ford-Lin- the top 13 percent of all Nissan salespersons
coln-Mercury-Nissan, accepts congratulations for nationwide. He was one of 1,120 winners. With
receiving membership in the 1988 Nissan Profes- Roland is Jess Chitsey, sales manager, at Price,
sional Sales Guild. The distinction places him in •" —Staff pfcato by Dua L. Clearer
KNOW YOUR CHOLESTEROL!
Cholesterol Screening Schedule
Sponsored By
Wal-Mart Pharmacy
v
May 5 and May 6,1989
10 a.m. to 7 p.m.
Fast, Accurate and a
New Low Price
f
. —*—W
r ::: :
i sss •
Cholesterol $0
Testing
On The KODAK DT 60 ANALYZER
HDL, LDL, TRIGLYCERIDE AND BLOOD GLUCOSE TESTING
ALSO AVAILABLE
For Details Check With
WAL-MART PHARMACY
1402 Mockingbird Lane 885-1578
v * •
1
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Keys, Clarke. Sulphur Springs News-Telegram (Sulphur Springs, Tex.), Vol. 111, No. 106, Ed. 1 Thursday, May 4, 1989, newspaper, May 4, 1989; Sulphur Springs, Texas. (https://texashistory.unt.edu/ark:/67531/metapth824320/m1/4/: accessed June 26, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Hopkins County Genealogical Society.