The Orange Leader (Orange, Tex.), Vol. 57, No. 73, Ed. 1 Friday, March 25, 1960 Page: 12 of 12
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Recession Before Next Year Held Unlikely
lars anoually by fall.
1961,
1961 at the earliest, government
that purpose.
' I .
the first
crocus at
*
Bat the increased demand for
sharply.
funds was
I
W
f
e
accomplished without price infla-
duction.
The first is the indication of
I
was attributed to industry's race
Mr. M. T. Snider
market speculation. The second is
7004
3-2s
a
“Who’s been pressing his nose against that window?**
and told the 1,200- members:
Winners in Science Fair
other investments.
expected from now on.
«
-
did not share the uncertat
amendment to the resolution.
Fair presented Tuesday
credit.
Individual winners in the three
the egg. Another one missed him.
mmmseqe---ee
am
ee
mme
around the issue. Exercise "due
Physical — first. Charles D-
7
thus helping to
U.S. offerings.
there is more money around look-
K
year ago Clarence Lott
could
it
2
bond
markets.
bor Robert Darnell if he wanted
soon
A
to share the cost. Darnell said no.
Girls and Debteens
roperty. He asked Lott
persons
mortgages or credit for any Hum-
use the grape stake
and expansions.
Lott.
impacting in the Atlantic
i Thursday. It was fired from
X .
1.98
was guided by its own navigation
use
WMtMMMsdmaN
Iy
Bui
3 I
-7
SKIRT
P;
3.98
5.98
H
•V
Children in Family
BOYS WHITE
I
V
SPORT
I
COATS
#%
Mu
Compare at 2.98
Wash ‘N Wear
2
DRESS
SLACKS
15
with
sbbbhbhssitsssnsss
ien:
charcoal, navy. Regulars, slims, husky; 6-18.
alu
Belts
98c
Suspenders ................ 59c
Skinfit Hip-Perfect
SHIRTS
I
PANTY
6/
>
GIRDLE
Q
4
<
ileage
6.50
Sixes 5-7
>
Sizes 8 9.... 7.50
TU 3-9321
411 W. FRONT
*
I
►
Greens
>
$1.
206 BORDER — TU J 8433
59c Cuff Links ¥1.10 tax ihc. 2 M
amca
am—--
4
$*
T ■■
Gree/
I
lss .£ alhus
CHARCI
AND
V year to pay
Police Investigate
Five Bomb Scares
STOP AT THE SIGN OF
THE SMIUNG TIRE!
May Wreck
School Prom
that
reau
MACHINE
WASHABLE
The Most
Wanted
Style!
English
taxable
hi... wt.a
mne •noaocLoT
by a con-
it rates—a
TWI-NIGHTER®
VENETIAN BLINDS
panies therefore can finance their
plant and equipment expansion
This
ish in
E
ri
k«
re
ag
l
i
i
fore 1
Ocean
Alan Ladds Seek
Huge Tax Refund
HOLLYWOOD (AP)—Alan Ladd
No bones, no closing;
satin Lastex; long - leg
length. White.
All Tweks Equipped With 2-Wey
Radio For Fostest, Meet Efficient
Service In Sobine Areo.
spread to other fields.
That would mean more money
Men's Wash ‘N Wear
SHORT SLEEVE
DRESS SHIRTS
2.59 „ 2 , 55.
Allegro
KNIT
1
!
1
I
t
9—----
Little Heels
s<
b
ol
bi
in
$5.00
DOWN
Ina
rig
inv
typ
art
ocr
in
E
our
Cor
mmo
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10
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a
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in 1954 was not
hey were out of
time. They said
v
h
h
I
Spite Fence
Constructed
COSTA MESA. Calif. (AP)-
Mixable Separates
Embroidered BLOUSE
I
KELVINATOR Electric Dryer
Safely Dries
Everything
Washable
100% cotton; roll-
sleeves; white, blue,
maize. 7-14, 8-14.
game
I
I
with no d own payment
s 4
WRINKLmEC
DRYINRI
Kelvinator’s special cool
tumble at the end of drying
cycle removes wrinkies so
completely many items can
be worn or stored with little
or no ironing!
-
TRIPLE SAffl
e Safe Cylinder at etass-
smooth porelain
• Ui Temperature
—no overheating
• SH«tj Door
“wt obsdned
Thurs
The
exroaa orn
I
298
AND COSTS SO LITTLE!
E
This inventory replacement took
less time than was expected and
national output_____
reached the rate of about 500 bil-
Some officials believe it will go
higher. They think expansion and
\
* 41
lays this year by 14 per cent over
1959. The rate In the second half
unless the members had their say.
That’s when he was splashed with
The third is that corporation
profits are breaking reoords. Oom-
Perplexed, Meredith said he and
the faculty would study the ques-
tion again next Thursday.
lion dollars a year, the h
gain in any quarter since 1!
_____expansion outlays
to let demand catch up with their
ing for investments than just a
few weeks back.
While the effects of this so far
i
A
were expected to,-and that instead
they have been bidding on new
the government men found thres
explanations which they consider
sufficient to account for the shift
largely by using retained
earnings instead of borrowing for
economists predicted today.
Officials ri — ‘ -
F
a
INVITES AU HIS FRIENDS
TO VISIT HIM AT . . .
1919 DU FONT
Or CAU . . .
TU 3-2907 X
Wt HAVE A ruu INS Of
BUADING MATERIALS
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By SAM DAWSON
# AP Business News Analyst
| LARGEST SELECTION IN TOWN!
I Handsome styles including beltless models. RAYON-
I NYLON-DACRON! DACRON-RAYON Black, brown,
to replace inventories depleted
during the 115-day steel shutdown
which ended early ha November.
t
f
l
.5
I
lag in U.S. Treasury bills to meet
income tax deadlines as thav
c.1MF
{)4,
a
I
This was an
v
e
i
hand, taking it for granted that
the decline in interest rates has
much farther to go before level-
ing off or being reversed.
Bankers, of course, are notori-
ously cautious souls. If they were
not, your confidence in them
might suffer.
While we wait for the trend in
Bitt Butler
INSURANCE
Large enough to accommodate a . .
. . small enough to appreciate
I
| During Initial Week of Spring
Hound Dog Firing
. Test Successful
EEGLIN AIR FORCE BASE,
Fla- (AP) — A GM- Hound
Dog missile was fired successfully
over the Atlantic Test Range by
a B52 jet bombr.
The 51-foot missile streaked sev-
eral hundred miles downrange be-
-
V!
3“ .. 7“
• Choice of 3 Fine Fabrics
Finest cotton fabrics in a variety of weaves. Butt
down or regular collars. Cuffed sleeves. White; nei
sizes 14 to 17. ,
STRICTLY
PRIVATE!
no see-through ...
no show-through
samcasenescsmsssasapoms '" aaasq
{i L r'
right down to the sidewalk. He
painted it with polka dots, on
Lott’s side only.
Now Lott is building a third
fence, to screen, the polka dots.
It will be whitewashed.
Now Lott is building a third
frence, to screen the polka dots.
It will be whitewahed.
And then, he said, he will move
away.
new capacity.
Then would be the time to look
for a recession, one highly placed
official said. But as for 1960, he
continued, "a recession is conceiv-
able this year only if the automo-
bile industry goes sour.”
The Washington economists pro
fess to be unworried by the re-
cent sharp slumps in.stock prices,
the simultaneous rise in prices of
government bonds, the general
easing of credit and the decline
■
____________________"That was a freshly laid egg. money,
a slower rate of accumulation is When I first came here the eggs
expected from now on. were rotten.”
59c 1 In hand Tie
2: honorable mention. Room ml,.
Grade 1, and Room 20, Grade 2.
Darnell decided to
champ; second. Bill Adams; third, Kenneth Urquhart; third, Natalie
---------------------------------Wingate.
BEGoodrich Smileage
rd walked skittishly
You Can't Beat a. ..e
» 712888
of the actual figure, but officials annually,
said the preliminary studies in-
dicate the final report won't be
H
available for
WHITE
Pleated Shirt
3.98
Wash 'n wear cotton;
pleats and white embroid-
ery on front. French-
cuffs. 3-18.
Nevertheless, continued produc-
tion gains through the year
were foreseen by government ex-
By STERLING F GREEN
WASHINGTON (AP)
ketofa lingering winter and to
2 - ------ -- putting on track shoes A real
2 NEW YORK (AP>— What could spring upturn in trade and lodus-
* 2 ----- - spring trial activity could be in the o«-
| F ' F
3,
Ae
dll gence" in care of the gym
foor. Mid the board. That’s all.---- ------- ----
Board Chairman J. C. Whitlock send the yields on these down
said in his view “the big question * - +— -—t ----*-
is how women stand up on those
heels. If they can stand the shoes, _____—----
I dan’t think we should have any a drop in yields. It also means
obiectiog to their wearing them." *em ---mo araand took.
..
____-i The government analysts are
mention, relying on a substantial rise in in-
Unruffled by it all, Quill wiped that the government, running
his suit coat with a handerchief * ’ ’ '
they categories in the intermediate di- J
—1 vision are as follows: j
of interest rates.
Although these are symptoms
which frequently have indicated
that business expects a recession,
__________ outlays for new plants,
____—____ ,___ — The machinery and equipment to keep
next recession won’t come before the economy expar iding.
---- ---- .. of the year is scheduled to reach
advance estimate a record 38 billion dollars
The outburst was touched off by
a resolution introduced by Charles
_________, —H Robinson, president at Local
perts interviewed privately. They 234. Robinson refused to hear a
— —* -— ----inty in motion from the floor on an
SUPER-
SPEED I
Kali air Rm at
moderate tempera-
ture dries dothes
as last as you cast
wash thaw — at
lowest cost!
students of St. Mary’s i_____________
School have been announced by first. Mai
Principal Sister Claude.
Recently,
seeking fence his pr
if he could
Richard and Keith Staudt; bio-
logical—first. Jerome Lauzon. Hal
Force. Gerhard Hommel, Betty
Weldon, Paul Welch, and Billy
Vice; second. Renate Lesmeister,
Michael Rasberry," Judy Gardiner.
Cullen Rasberry, Anne Lieby and
Arthur Boudreaux; third, Thomas
McKenna and Mel Samuelson;
honorable mention, Stephen Mu-
semeche and Richard Ramke;
Anthony Guillot, Julie Walsh. Pa
tricig Rigler, Rose Rao, Anna
SR-"==
the Internal Revenue
far off the haif-erillion dollar
mark, one way or the other.
This would represent an ad-
vance of roughly 16% billion dol-
lars since the last quarter of 1959.
when the economy was still beset
by the steel strike and its after
effects. The gain, largest since the
outbreak of die Korean War, was
for three straight weeks.
High-grade long - term bond
prices continue to rise, meaning
LOUISA. VA (AP-Those sharp besknejusttoaheadomhercarr
the cross currents at present in
Group winners in the interme-
diate division are: Physical—first. I n
up this week to the nation’s ing.
d centers. Business loans T
Hit With Egg
#zif • E2 «= #=g-.
Mnh-.2 -stau. e day unshtsaLocama meeting ofprice stability._dtocouraging]
have showa up largely to the grape stake fence. He asked”neigh- DonaiMsrninhtibiBrgseaiBalrmnd
—A m-e- a soon *or Da-- T—» » —--• Paui Lietz, Ronald Pivonka and f
Thomas Pivonka; second, Reid 2
Cormier, Robin Schaller and Jude
Wright: third, David Pisek and
r---v -___• e — -— — --- ---- Keith Hudnall; honorable mention,
ber of projects like home repairs fence along one side. No, said Danny Vice and Peter biprie:
and expansions. Lott. Gregory Schaller and Jimmy Fore; |
------------------------------ Cn narnel Millie hie fe-ee < -
the financial markets.
First is the stirring in the busi-
ness field. Member banks of the
Federal Reserve System in lead-
ing cities show commercial and
industrial loans rising 745 mil-
lion dollars in the week ending
Wednesday. This brought the total
to 31 billion dollars
Hand in hand with this quick-
ening of business activity to grow-
ing evidence that many corpora-
tions -are in such a good cash po-
force may dimin-
as the companies very
first, John Gauthier; second, Carol
Quirk and Suzanne Benoit; third,
Gregory Correia; honorable men-
tion, John Repaskey and Robert
Sepulvado; room projects—first.
Room 5, Grade 3; second, Room
14, Grade 3; third. Room 16. Grade
598 1698
‘ Sizes 3 to 18
SILK-LIKE LINEN! BAS-
KET-WEAVE WOOL! All
fully-rayon-lined; three-
buttons; flop pockets.
Other wool sport coats,
4 to 18; 10.98-16.98.
Carolyn Duprie and Carol Depwe;
second. Michael Kersey and Rob-
ert Young; third. Ambrose Clay-
bar and Benny Mazzola; honor-
able mention, Michael Godwin and
FRIDAY, MARCH INO
MARMADUKE
2 That could mean that business tinued slide in
M shaking off the oppressive blan- seeming paradox.
---------So many bankers caution against
either pudting too much store by
that first crocus or. on the other
a girl-less prom, took his knotty--------- - .
problem to the school board sition that they haven’t been turn-
modernization outlays may nise to
a rate of 39 or even 40 billion dol-
Union Head
9
Flexalum Twi-Nighter blinds
have exclusive akut-tight design
that gives you this complete
privacy. With a Rick of the eord
you can abut out 6 times more
daylight than you can with ordi-
nary blinds ... make any room
not just dim - but dark! Longer-
lasting, too - thanks to spring:
tempered aluminum slats and
wipe-clean plastic tepes! Have
them perfectly matched or in a
choice of over 200 decorator
color combinations. Free esti-
mates at no obligation Lo
I night by tion. James Miers, Steve Farris reflected in recent stock market He then tried to introduce Quiu,
Elementary and Tommy Tindall;" biological— slumps and a rapid easing of but Quill said he would not speak
-----> if- ary Claire Rolen; second. " ----. . . - .
Beverly Rougeau; third, Loretto
Sepulvado: honorable i
John Herman and James Barrios;
miscellaneous — first. Mary Mc-
Kenna; second, Walter House and
: pyrtruj / , /
" ~ The air-to-surface missile car-________
ried several hundred pounds of the country at the
test equipment. in Federal Court Thursda
It was the 10th test flight of a — —___2
Hound Dog in a current program, made a mistake on their tax
Mazzola. and Carol Quirk; Wayne
- _. , Vincet, Anlionette Ragusa, Charles
Have Same Birthday Lieby, Norman Guillot, James
LOS ANGELES (AP) — It »» Smith Md Lonnie Dye.
ahnost like Christmas for the axmaummuaamne
_________ ... ___ .. Group winners in the primary
BALTLMORE, Md. (AP)—Policedivision are: Physical—first, John
were called out five times on Fore and Michael DuBois; second,
borrb scares Thursday, but no - - - - — . - _
Corporations have notified the taper off their
. ----- ----.. . Comherce Department and Se- ’
eported privately that curities and Exchange Commis-
put in this quarter has sion of plans to increase such out-
fAGt TWRYI THE CHANGE LEADEK
fs Lull Q™?
t Business Loans Show Increase
bombs ware found.
One scare caused more than
1,000 to leave a church during
Lenten service.
Anonymous caHs warned that
bombs were to go off at the Tow-
son MethodiSt Church, the Balti-
more Municipal Building. Johns
Hopkins University, a supermar-
ket and Friendship International
Airport.
I MM
— 2,
good budget surplus, is paying off
debt instead of borrowing new
thus leaving substantial
amounts of private funds seeking
WHY PAY MORE? 6
(
A
0
Announced by St. Mary's
Winners in the annual Science Robert Pahnke: honorable men-
lidle heels the girls wear these
days are threatening to wreck the
junior-senior prom at Louisa Coun-
/ ty High School,
f Principal W. D. Meredith and
the faculty ruled the girls can’t
wear such feels at the prom in
she gymnasium. They dent the
floor.
’All right, said the girls, kicking
up their heels—we won’t go to the
prom.
Meredith, hard put to visualize
Cederstrom family.
Fred Jr., 6, got a bicycle, Mike,
7, an electric train, and Cynthia,
I, a doll and doll house.
All three were celebrating their
birthdays.
___________ It was fired from and his wife, Sue Carol, want an
beneath the wing of ■ a B52 and $87,184 income tax refund.
*** — 'They claim 6100,000 paid by an
r-
Bow Tie
Ready-tie .................
#91
L
*
i MM
h.f7
WHITE DRESS
SHIRTS ,
1.98
SIZES 3-18
EYELET or PLAIN COL-
LARS! Dual and French
cuffs.
Redmanized-shrunk to fit’ Knit-fashioned collar and
cuffs! tail is 3 inches longer than front. Wash 'n hang
. to dry. S,M,L.
Men's Helanca Stretch Socks 39,3 • $1
Stripes; patterns; choice colors; one-size-fits-all!.
I
financial circle swhich has been
So Darnell built his own fence- Group B ...... 2
3Daviewepdstructing feet.of It-six individual winners in the various
inches from Lotts fence. It ran categories in the primary divisions
are: Physical—First, David Rich-
ard; second, Geralyn B lands;
third. Arthur Boudreaux; honor-
able mention, Sidney Caillavet and
Renate Lesmeister; biological — :
Cotton Socks 39c
Stretch Socks ........49c
1
L. 30 ,
tgam "JAYMEE’s" 55 % Arnel-45%
| cotton; full, unpressed pleats;
self-belt; 5" hem. Light blue.
Saaa an aznmsiamaemmmasmcmemusamazuvamsuazanaa
Wm COASTAL
DOOR & SUPPLY (0.
4 5
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Browning, J. Cullen. The Orange Leader (Orange, Tex.), Vol. 57, No. 73, Ed. 1 Friday, March 25, 1960, newspaper, March 25, 1960; Orange, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1519558/m1/12/: accessed June 6, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Lamar State College – Orange.