The sun. [volume] (Newberry, S.C.) 1937-1972, December 30, 1954, Image 3
THURSDAY, DECEMBER 30, 1954
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HOLIDAY CLOSING
NOTICE!
Offices in the Newberry
County Court House
will be closed
NEW YEAR’S DAY
Saturday, January 1st
1
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43
PAGE
BABSON'8 FORECAST
(Continued from page one)
pensions. With a better congres
sional control of appointments to
the National Labor Relations
Board, the decisions of that body
will swing more toward labor than
toward management.
28. NEW INVENTIONS. These
will mostly be a labor-saving type.
I forecast a marked increase in
automation and cybernetics, and
other marvelous changes in pro
duction methods.
29. EMPLOYMENT. Unemploy
ment outlook is brighter, since
business will be on the upgrade
during the first half. >1 forecast
that local and seasonal unemploy
ment will still prove a knotty
problem.
30. FAILURES. The salient
business characteristic of 1955
will be bitter competition. Many
companies already weakened by
competitive conditions will no
longer be able to keep afloat. I
forecast a rise In both the num
ber and the total value of failures
during 1965.
31. MERGERS. I forecast that
mergers and consolidations will
be encouraged by federal officials,
if, by merging, a weak company
can be saved. But while every ef
fort will be made to prevent bank
ruptcies, Washington will frown
on large mergers and consoli
dations.
32. GENERAL REAL ESTATE
SALES. The time is already past
due when real estate prices should
have been falling. Only a fear of
World War 111 and easy credit
have prevented this. Therefore, I
forecast that a downturn in prices
cannot long be postponed.
33. URANIUM CRAZE. The
greatest, speculation will take
place in the seeking and trading
of land ' with uranium prospects.
This is now centered in Colorado,
Utah, and vicinity; but I fore
cast it will spread in a limited
way to many other states and even
to "offshore” property. , It could
exceed the gold rush of 1848.
Another demand will be for wood
lands which can be bought for a
few dollars per acre.
3*. COMMERCIAL FARMS.
These have suffered a decline in
])rice as a result of the slum{> in
agricultural prices and farm in
comes. Unless more will be done
politically for the farmers next
year, I forecast that the recent
decline in commercial farm prices
may continue during 1955. Sub
sistence farms on the fringes of
larger cities should hold up well
For Export Repair Bring
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GEO. N. MARTIN
Radio and Television
SALES and SERVICE
1309 MAIN STREET
24 HOUR SERVICE
Telephone 811
WHITAKER
FUNERAL HOME
AMBULANCE
PHONE 270
Call us for your dry cleaning
needs. You will like our mod
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actually add months to the life
of your clothes! You will like
our prompt delivery,our cour
tesy, and our reasonable prices.
ROYAL
DRY CLEANERS
Phone 12 1107 Caldwell
Newberry, S. C.
AT LOMINICK’S
DRUG STORE,
PRESCRIPTIONS FILLED
BY LICENSED
DRUGGIST
PRESCRIPTIONS ARE
CALLED FOR
AND DELIVERED
PHONE 981
Services Friday For
Newberrian’s Mother
Mrs. Lucy Mullinax, 74,widow of
Lee Mullinax and a former resi
dent of the Olenwood community,
died at Six Mile Baptist Hospital
last Wednesday at 1:30 p.m., fol
lowing a serious illness of one
month.
Mrs. Mullinax was born in the
Smith’s Chapel section of Pickens
County, a daughter of the late Mr.
and Mrs. Alfred Smith. She made
her home, in the Olenwood com
munity for 35 years while her hus
band was connected with Olenwood
Mills. She was a member of Olen
wood Methodist Church and as
long as her health permitted, she
took an active part in church
work.
Surviving are one daughter, Mrs.
Lois Miller, Washington, D. €.;
four sons, J. F., Balfour, N. O;
Wayne, Newberry; Paul, Basley,
and Prue Mullinax, Anderson; one
sister, Mrs. Elsie Williams, Pied
mont; 10 grandchildren and 10
great-grandchildren.
Funeral services were conducted
Friday at 11 a.m. at Robinson
Funeral Home by the Rev. T. E.
Belcher, the Rev . Fred Tumblin
and the Rev. Peter Stokes. Burial
followed in West View Cemetery.
*
In price at migration toward the
suburbe continues.
35. VACANT LAND IN CITY
AREAS. With the exception of
parking lots, city vacant land
should experience a continued slow
redaction in price during 1*955;
but no marked change in subur
ban vacant land, except for park
ing. I am very bullish on land any
where suitable for parking.
36. BUSINESS PROPERTY. I
foresee little hope for improve
ment. for such property in the
larger cities during 1955. Business
property in the suburbe has not
been so inflated, and therefore
will not be so vulnerable to de
clines and bigh taxes.
37. INDUSTRIAL BUILDING
The construction of new industrial
plants gives every Indication of
continuing to mark out a down
ward course during 1955. I fore
cast that the brightest spot on the
construction horizon for next year
is the prospect for increased mu
nicipal construction, r— schools,
hospitals, etc.
38. RESIDENTIAL CON
STRUCTION. The building of new
homes has held at very high levels
during 1954. Although I expect
the trend of new home prices to
be downward during the year 1956,
they will still persist at very high
figures, at least during the first
half of the year. New homes will
continue to be the choice of pur
chasers, even though older homes
give better values.
39^ TAXES. The Eisenhower
Administration has clearly recog
nized that expanding business and
increased expenditures for plant
and equipment are the true sour>
ces for rising employment and
more jobs. I forecast a continued
aim during 1955 will be to “have
taxes aid business— and thereby
help employees to more and bet
ter jobs.
40. INCOME TAXES. I forecast
there will be no further relief, in
1955, of the double-taxation fea
ture on dividends or of the 25%
capital gains tax. Furthermore,
corporation income taxes will not
be permitted to decline as sche
duled next spring. I forecast that,
unless business slumps more than
I anticipate during late 1955, there
will be no reduction in personal
income taxes next year, except to
correct some technical errors. Any
relief for the individual “pmall”
taxpayer will be save<^ until the
election year, 1956.
41. POLITICS. The really big
political news in 1955 will not be
made by the laws that will be
enacted, but by the tremendous
preparations for the 1956 presi
dential campaign. Those who claim
that President Eisenhower is at
heart a liberal and will get along
well with a Democratic Congress
should remember the lessons of
politics.
42. WORLD WAR 111. In my
opinion, the initiative 'in inter
national affairs still rests with
Russia. The Kremlin is not yet'
ready for an all-out attack and
no one in the West wants World
War 111. Malenkov is now push
ing a “Peace Offensive.” I am re
ferring here to the year 1956—
over the long term, I still feel
that a major holocaust is inevi
table, but I forecast no World
War 111 in 1955.
43. FOREIGN AID. Our foreign
efforts during the year will con
tinue to aim at plugging the leaks
and building new dykes against
the flooding tides from the East. I
forecast we will work hard to
build up Europe, with Germany
as the core; but Russia will makd
spectacular gains in the Far East,
particularly in India.
44. FOREIGN COMPETITION.
As Germany rearms and the Brus
sels Treaty Organization goes into
gear, I forecast further improve
ment in Europe. Competition from
European manufacturers will, how
ever, intensify. Reciprocal trade
deals will be pushed. I would not
be surprised to see a decline in
onr exports in 1955 and an in
crease in imports.
Last Rites Sunday
For Former Resident
John Bunyan (“Jack”) Gregory,
79, ; died at his home here Friday
night following a long illness.
Mr. Gregory was a native of Aik
en County, and a son of the late
Richard a nd Sara Hartly Greg
ory, both natives of Aiken County.
He lived at Ninety Six for many
years and was a member of the
First Baptist Church. He was a
former resident of Newberry.
Survivors include his widow,
Mrs. Lucia Dorn Gregory of the
home; one daughter, Miss Pearle
--V
45. CHURCHES AND CHARI
TIES. I forecast that the spiritual
awakening which started in 1954
Will continue into 1955 with an
increase in Church members. This
is a very important sign. Gifts to
charities will also increase, due to
the more liberal allowance on
taxes, up to 30%, provided 10%
goes to churches, schools, or hos
pitals.
46. TRAVEL AND SPORTS. I
forecast more money will be spent
on travel and sports in 1965. This
is becoming an important new
industry and should especially
benefit Florida, California, Arizona,
New Mexico, the Great Lakes
Region, New England/ and the
Northwest.
47.. NEW METALS AND AL
LOW). Next to air-conditioning, I
expect great growth in the use
of new metals and alloys. I fore
cast the rare-metals stocks will
be sought in 1955 as were the oils
in / 1954.
48. ADVERTISING. I forecast
business spending in this field will
increase further in 1955. It not
only is the salvation of individual
businesses, but is the best stimu
lant for national prosperity.
49. POPULATION. I forecast
the population will continue to in
crease during 1955, with a grow
ing percentage of young people
between 18 and 22. This m^ans
a greater demand for clothing^
college education, and especially
for new school buildings.
50.. CONCLUSION. Develop
Faith, Meditation, Health, and
Good Works— with more attention
to your family— to create reserves
for real ^trouble which some day
will come. GO TO CHURCH!
Willie E. Ringer
Fatally Stricken
Willie Edgar Ringer, 65. died
suddenly early Christmas irtoruing
at his home in the Mt. Pleasant
section of Newberry County.
Mr. Ringer was attending his
usual farm duties when he was
suddenly stricken. He was born in
the Hope section of the county
and was the son of the late Jobe
and Mary Mack Ringer. He spent
most of his life in the Mt. Pleasant
section. He was a member of the
W.O.W. Mr. Ringer is survived by
his widow, Mrs. Erlene Beriey
Ringer of Pomaria; three sons,
W'oodrow Ringer and Lewis Ring
er, both of Pomaria, and Willie E.
Ringer, Jr., Charleston; also Ern
est Ringer, Pomaria; one sister,
Mrs. Maude Graham, Pomaria;
three grandchildren, Wayne An
drew, Ray Roger Lewis Ring
er, all of Pomaria.
Funeral services were held at
McSwain Funeral Home Sunday
afternoon with the Rev. T. ' E.
Derrick conducting the service.
Interment was in the Mt. Pleasant
Methodist Church Cemetery.
Active pallbearers were Everet-
te Graham, James Ringer, Ray
mond Ringer, Gary Lee Ringer?
Dewey Icard Jr., Edward Beriey.
Flower attendants included Mary
Ella Glymph, Theliha Brooks, Sad
ie Ringer, Nancy Bowers, Marion
Faye Spearman, Ezerlee Stoude-
mire, Margaret Fuller, Doris Bo-
llck.
Gregory; one s on, Carroll Greg
ory of La Grande, Ore.; three
grandchildren and four great-
granchilren; one brother Eugene
Gregory of Batesburg, * and five
sisters, Mrs. Bailie Edwards of
Batesburg, Mrs. Henry Derrick aiid
Mrs. Edith Attaway of Columbia,
Mrs. Ella Bailey, Lexington, am
Mrs. Tweedie Owing® of Beach
Island, Georgia.
Funeral services were conducted
Sunday afternoon by the Rev. Mor
gan Kyzer and the Rev. W. D.
Childers. Interment was in Elm
wood Cemetery at Ninety Six.
STANLEY HARRY SENN
Mr. and Mrs. Harry (Mary
Christine Smith) Senn, 1909 Tan-
yard street, announce the birth of
a son, Stanley Harry, on Decem
ber 15 at the Newberry County
Memorial Hospital. The. young
man weighed five pounds, six
ounces at birth.
RICKY EDWARD HARMON
Mr. and Mrs. Paul Edward (Vio
la Rebecca Powell) Harmon of
2017 Piedmont street announce the
birth of a sen, Ricky Edward,
weighing six pounds, ten ounces,
at the Newberry Memorial Hospi
tal on December 16, 1954.
JANIE DIANA HIPP /
Mr. and Mrs. Cornelius Newton
(Ramona Madeline Amick) Hipp
of Route 2, Prosperity are the
proud parents of a daughter, Janie
Diane/born December 18, 1954, at
Newberry Memorial Hospital. Ja
nie Diane weighed six pounds, 13
ounces.
SHERRYL ANNE 8HEALY
Mr. and Mrs. Colie Esthern
(Myrtls Thomason) Shealy
Chapin announce the birth
daughter, Sherryl Anne, weight’
seven pounds, five ounces, at
Newberry County Memorial
pital on December 23, 1954.
NELLIE RUTH AMICK
Mr. and Mrs. Jasper Cart (1
Gladys Fulmer) Amickv Route
Prosperity, announce the birth
k a daughter, Nellie Ruth on Chr
mas Day 1954, at the Newboif
County Memorial Hospital,
little girl weighed seven pounds,
ounces at birth.
JOHN ROSS returned to Cl
Jotte, N. C., Wednesday ai
spending the Christmas hoi
here with his mother, Mrs.
G. Ross, grandmother, Mrs.
Gilliam and aunt Miss ® a l e
Ham on Drayton street.
MR. AND MRS. PANNY _
beth and daughter, Kathy
Georgetown, Mr. and Mr*.
Randal and son, Randy of
tree were visitors during
days in the home of their
Mr. and Mrs. R. Derr ill
Sheet Metal Con tractor-—Hesti R E—A ir
Licensed Gas Fittera
carounJ
, Coilejra t
A. G. McCaughrin, Pres. & Tress.
MR. AND MRS. HO WAR
Counts and family of Charlotte,
spent Wednesday in the home of
Mrs. E. O. Counts in Prosperity.
We
are
the Payment
39th Semi-
9 3
I
r
3368
Amounting to
Payable to
ON DECEMBER 3ist, 1954
- EACH ACCOUNT IS INSURED UP TO $10,000
NEWBERRY FEDERAL
^. t*:-.
10'. I
,m I
.. t-
v
Savings & Loan Ass’n.
1223 College Street
Telephone 246
Newberry, S. C.
\ OFFICERS
John F. Clarkson, Pres.
M. O. Summer, V. Pres.
G. K. Dominick, V. Pres.
J. K. Willingham, Sec.-Treas.
James M- Smith, Jr., Asst. Sec.-Treas.
DIRECTORS
John F. Clarkson
M. O. Summer
J. K. Willingham
E. B. Purcell
G. K. Dominick .
Waldo C. Huffman
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