The Paducah Post (Paducah, Tex.), Vol. 35, No. 20, Ed. 1 Friday, August 29, 1941 Page: 6 of 8
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The Paducah Post
Friday,
Page Six
tO DAY
a*ul
TOMORROW
DDK ROBINSON
^--
INSTALLMENTS . 10 billion
Hitler and Armv Chiefs on Russ Front
tiny -i
mont
tury Air.oi. -
isn't thougr*. >
but as costing •>.
two yo<.;s. plus ui. '.’Ui ear
down payment.
If a man -an.s '-00 a mo
ho may tako ms i ay cnetk an-
on a shopping spree with one
money to make t.'.o l a st Pa\ n
on a now cat. a new nousi
washing machine, a r a u l o
vacuum cleaner—and sun i
enough lets ovt-i to eat t.
meals a day tor the rest ot
month.
The fact that such purcha
require.* tying up incomes i years
to come makes little difference t"
many people—installment buy ing
offers them the opportunity to
have the things they want new in-
stead of at some vague time lr.
the future.
Consequently, although install-
ment selling on a sizable scan
is still in its infancy, hav ing
grown up hand-in-hand with the
automobile industry, the govern-
ment estimates that financing ot .
merchandise and small personal .
loans now involve about 10 billion
At the headquarters of Adolf Hitler, somewhere-on-the-eastern-front,
Her Fuehrer and his top-ranking commanders pore over maps of the
Nazi-Red «ar situation. On the left is Marshal Walther Von Brauchitscb.
At right is Gen. Fritz Haider.
• Dunlap News
dollars in
credit—an average •. t
$300 for
every
family in
the Lni-
ted Stales.
BANKS
risk
Installin'
lent selling wa
s consid-
ered ri.-ky
busir
less by nv
ost bank*
ers until
after
tne 1J-
hJ ciash.
They rea:
[ized
that this
an invest!
nent i
n the int«
egrity of
tht consu
an<» they
ha-, v.o
figures or
i whic
h to base
tne ii-k
in such ai
n ir.ve
stment.
Bv Mrs Claude Stewart
Tht Mctb list meeting is in
progre-s r.cic. Rev. Huckabee of
Ti uses'! t - '■ ■ caching.
\ . . Cee Vee. Delwin
;.nd S., • ■ c k attended church
„.p. st Sunday cve-
Mi-.
Mrs. H
Mr .
In P'29, which was a record
year for the finance companies,
when they accepted consumer in-
stalment note.- totaling around
8 i).........ars, many banke -
predicted that when the prosper-
ity bubble burst the finance com-
panies would be tumbling over one
another in the bankruptcy court.-.
Then the crash came, and wnen
the bankers recovered enough to
count their own assets, t h c y
found their iossc- on "gilt-edged
stock- and bon I- curing the 1929-
’33 period averaged 50 to 15
in g.
'aged
when
a
per cent and their
safe real estate
50 per cent. A
checked up on the fool-n
finance companies, they
tho.-e companies were still ii
black—that Iossc- on cons
installment notes averaged
than 1 !. per cent when the
panies were getting more th
per cent for their service*!
That established defirutel;
integrity o: the consumer
credit risk.
After that, finance comp... ■ - i
had no difficulty getting support
from banks and many of the
hank.- began m a k 1 n g personal
loans themselves. The consumer
hao been revealed a.- an nonest
man.
HISTORY . . . automobiles
As far back as the Civil war
period installment selling was at-
tempted by a few concerns. The
Singer Sewing Machine company
owes a large part of its success
to offering sewing machines to
consumers on an installment basis
way back in 1856.
But the first type of sales
finance company a.- we know it
today was started by a San
Francisco automobile dealer in
1912.
Such was the success of his
pUn that other dealers soon tried
it and in 1915 the automobile
manufacturers gave the plan the'.,
approval and backing, despite their
previou opposition. Tne manu-
facturers now admit thi- decision
was a major factor :i the ensuing
rapid growth of the automobile
industry.
A recent goi en
shows that about. $2.500.000.000
of consumer debt. base*, on in-
stallment buying, is now owed
for automobiles. Other leading
installment purchase products are
washing machines, refrigerators
and vacuum cleaners. These all
hapnen to be products which use
materials the government needs
for defense. So, to discourage
the future purchase of these
items, President Roosevelt has
felt it necessary to issue the
order: “Curb installment selling.’’
CURBS .... bonds
Curbing installment -tiling may
-. 1 .Johnson of Lub-
I rents. Mr. and
M -. last week-end.
:a Wilson of Cal-
:: g her parents. Mr.
M - : k Anderson, and
V I'.-wvv Majors, this
week.
Bi wning, who has
■ : g relatives at Athens,
Monday.
Hoyt M i!ke> has returned to
1 hon ■ n Amaiillo after spend-
ing two weeks with his uncle and
aunt. M . and Mrs. Bill Mulkey.
T. C. Mulkey of Medicine
Mound i- visiting his son. W. H.
Mulkey. and family this week.
Mrs !>. Goodgame, Mrs.
John Go dgarni and son. Jerry, of
Athe: ml Mrs. Hina Goodgame
■ M„ koff are visiting relative-
heu- this week.
M - Elmer Latimer ami daugh-
ter. K ... of Los Angeles, are ri-
ght e r, Mrs. Dan
Whitener, and family.
Mrs. E. L. Lido of Hobbs, N.
M.. is visiting her aunt, Mrs.
Ella Lawhon.
Mr, and Mrs. George Chissom
and .daughter, Foggy, ami Mrs.
William Lee Webbs of Eden vi-
sited Mr. and Mrs. W. 11. Mulkey
last Saturday night.
Mr. and Mrs. J. Robert Mai-
tin of Broadmore visited Mr. and
Mrs. Claude Stewart last Sunday
. afternoon.
Mr. and Mrs. W. ii. Mulkey,
T. C. Mulkey and Mis. Ella Law-
hon visited relativi.- at Amarillo
Thursday of last week.
Mr. and Mrs. B. Fulton and
children of Finney visited Mr.
and Mrs. H. C. Ryan recently.
Mrs. C. C. Warren t Wheeler
is visiting relatives and friends
here this week.
Earlcne Ryan spent last Satur-
day night with Joyce Fulton of
Finney.
Mr. and Mrs. Dan Whitener
spent last Sunday with Mr. and
Mrs. Carl Black.
NO LICENSES ISSUED
No marriage licenses were is-
sued in Cottle county last week,
according to records in the office
of the county clerk. Mrs. C. C.
McArthur.
m th< govern-
, ■ ■:-loins- than merely free-
ing ef enst needs.
Tin I'r-.dent made a careful
analysis of some of the other
ways it wound nelp keep our
i>m} ... b.....-. t. and concl 1-
d that it would be helpful in
these ways:
1. To assist in turning unwar-
. nted i ric e advam ■ • .uni t i ofi-
teering which tend to result when
the supply of goods is curtailed
without corresponding curtailment
of demand.
2. to assist in restraining gen-
eral inflationary tendencies, to
support or supplement taxation
imposed to restrain such tenden-
cies, and to promote the accum-
ulation of savings available for
financing the defense program.
3. to aid in creating a back-
log of demand for consumers’
durable goods.
4. to restrain the development
of a consumer debt structure that
would repress effective demand
for goods and services in the post
defense period.
As the government face.- one
new problem after another to keep
our economy on an even keel,
one answer always seems to stand
out. namely: all extra earnings
should be invested in Defense
Saving Bonds.
Last year the 17 • u. r airlines
carried 3850 ton.- of express, an
increase of 32 per cent over the
year 1939.
Lee., Mobley To
Piav With Fast
PLAINVIEW. Aug. 29—Kvciy
thing is set the kiek-ofl <> j
the Plains Coaching school here
today.
Tin 44 s'a bull player-',
including Rn . Mobley an dj
• I . .. h, au
up in East a: \\ ot camp*. 11
■ ight p - ■ ■ ' 1 ‘
arranged, com ■ ' are sending u,.
their accept, u ■ • i invitations .
attend anil of: :als have been - -1
cured to ca . : ■< all-stai g- “.
game* on the 1 • !-: August -• .
when the week's session wi.l ■
concluded.
Dell Morgai Texas Tech coa ,
rid Martv Karow. backtiel'l c“U
at Texas' A A M. will cornua'
the school, with Jack luruce.
Canyon head ■ oach, assisting
Karow of the East camp, and L>1! •
Huffman, assistant at lctlu a.<.-
ing Morgan with the \\ c*t ag-
gregation.
Registration of coaches started
Monday at 9 a. m. August
25, at the city auditorium, be-
ginning at 10 that morning •*
series of lectures at which Mor-
gan and Karow will alternate in
sessions at the auditorium oi ou
the football f i e 1 d, whichever
place best suits the coaches re-
quirements for the day. h rom II
until noon each day will bo tak-
en up in conferences between
coaches with Morgan and Karow
leading roundtable on any and
all problems the mentors wish to
discuss. From 1 until 6 each aft-
ernoon the two sectional aggrega-
tions of grid star.- will go throng:
their paces in illustrating pro< e
dure for benefit of the coac.o.-
and training for the all-star game.
There will lie night sessions at
the Hilton hotel ballroom and talk
fests on football in general with
a mixture ot movies of outstand-
ing conference game- thrown ii
for entertainment. On Wedne—
day night Sti ney Wall of LuG-
bock, football official who will
work in the all-star game and
select his aides, will give a lecture
on football rules.
Bob Horne of Plainview, chair-
man of the committee in charge
of the coaching school arrange-
ments, said he had mailed invita-
tions to head coaches and staffs
of all southwestern schools and
all Texas college coaches. A. B.
?*Iorris, Abilene Christian college:
Frank Kimbrough, Baylor, Mack
Saxon. School of Mines, and Hein-
le Weir. Schreiner Institute, were
among the first indicating they
would attend.
Lee and M i*:ey have been se-
lected by the committee as mem-
bers of the East squad.
Soviet Use New River-Crossing Tactic
, ... ...
>,T„rr. jks isvsSLA
supply the motive power.
• Brooksville News
By Mrs. N. S. Galloway
Mr. and Mrs. J. B. Morris and
Mr. and Mrs. Elwood Tyson of
Cee Vee visited Mr. and Mrs. R.
P. N'ixon last Sunday evening.
Mr. and Mrs. J. Q. Kasbury of
Broadmore and Mr. and Mrs. Ed-
mondson and son. Robert, of
Amarillo, visited Mrs. J. M. In-
gram and children last Sunday
afternoon.
Mrs. J. M. Ingram visited Mrs.
R. P. Nixon Wednesday aftei-
, i: of last week.
Mr. and Mrs. Bill Mulkey vi-
-ite.-i Mi. and Mrs. N. S. Gallo-
way Tuesday afternoon of last
week.
S. E. Mayo of Skellytown vi-
,-ited his mother, Mrs. Kate Mayo,
last week-end.
Mr. and Mrs. R. O. Galloway
had lunch with Mr. and Mrs. X.
S. Galloway last Sunday.
Mr.-. E. L. Burton visited Mrs.
R. P. Nixon Tuesday afternoon.
Mrs. J. M. Ingram and daugh-
ter, Marie, visited Mr. and Mrs.
X. S. Galloway last Sunday eve-
ning.
Noble Ingram visited Clarence
Nunally last Sunday.
Reeves Shelterbelt
Is Outstanding
Elbert Reeves has a thornless
Honey Lttcust less than two years
old 17 feet tall in his shelter-
belt.
Reeves' shelterbelt was plant-
ed on his farm northeast of
Matador a year and one half ago
which means that the trees have
not had the benefit of two full
growing seasons. However, due to
Aggravating Gas
When stomach gas seems to smother yon,
and you can hardly take a deep breath, try
ADLERIKA. FIVE carminatives to warm
and soothe the stomach and expel gas, and
THREE laxatives for gentle, quick bowel
action. At your Drug Store. _
ADLERIKA
BIGHAM DRUG CO.
TRY CONOCO
KEROSENE
This Kerosene is especially
recommended to be used for
Electrolux Refrigeration.
ONLY
7c Per Gallon
J. F. POWELL
AGENT
CONTINENTAL OIL CO.
13,398 MILES ON 5-QUART FILL OF OIL
££e DEATH VALLEY DESTRUCTION TEST
Revolutionary New Oil tested against 5 other big brands.
6 new cars Destroyed to prove Economy and Protection.
The
ELK CAFE’S
Popularity is due to one simple
reason.....
Good Food
Have You Dined At
The Elk Cafe
Lately? — There's a differ-
ence.
You know how important it ig
to have plenty of fresh, clean water
for your stock. Then get a Demp-
ster Steel Stock Tank. Roll rim
at top; will not injure stock. Four
heavy corrugations for greater
strength. Double lock seam bottom.
We have both the Round and Round End
styles and guarantee them to last longer!
Dempster stock tanks
DEMPSTER WELL CASING
Screw Joint Casing made in both
plain and perforated, 3 to 12 inches.
Threads accurately machined—easily
screwed together. Strong, tight, dou-
ble locked seams.
Let Us Show You how Dempster
Stock Tanks and Well Casing save
you money. Come in today]
JACK PARNELL IMPLEMENT CO.
The oil that reeled off an amazing
13,398 miles on one regular fill, in
blazing Death Valley, was proved to
be an oil of the Nto degree—an oil of
new high character.. .Hence its name:
CONOCO N# MOTOR OIL
This dramatic test, supervised impar-
tially and Officially Certified, was sim-
ple, yet harsh. 6 identical new cars
were taken to Death Valle y- where
the heat hits record highs. 5 of these
cars were each assigned a different
widely-known, highly advertised
motor oil. The sixth car used new
Conoco Nfh motor oil.
Each car was broken-in on a brand
assigned by lot. Then, one 5-quart fill
of this same oil went into the crank-
case—kept under lock. The cars were
driven 57 milqs an hour until oil fail-
ure cracked up each engine—utterly
wrecked it! All of this under impartial
official scrutiny, as was every step in the
test, right on through the dramatic finish.
Here is what happened
New Conoco Nto oi] went 13,398.8
miles. Not another oil came within
5,683 miles of this. One outstanding
oil failed 8,268.6 mill's sooner than
new Conoco Nth motor oil. So it out-
distanced the five competing oils by
74% to 161%.
Why this Astounding result
was possible
New Conoco Nth motor oil contains
a Conoco-originated synthetic (U. S
Patent 2,218,132) called Thialkene in-
hibitor. An inhibitor in motor oil acts
pretty much as an inhibition acts on
you. Inhibitions hold you back; police
many actions. And so Conoco's Thial-
hene inhibitor police's Conoco Nth oil
. . . arrests pollution that otherwise
comes from normal operation. And
that’s your aid against a dirty engine
with inferior lubrication.
Are you an OIL-PLATING “fan"?
If you are, more power to you! Don’t
for a minute feel let down, for Conoco
N-'h also contains the famous synthet ic
that on..plates engines. Oil-pi,ating
comes from the magnet-like attraction
that keeps it bunded to inner engine
parts, so th: : it can’t till quickly drain
down to the crankcase — not while
you're using Conoco N'h oil. This
same famed OIL-PLATING is still yours
to guard against wear.
Because of oil-plating and Thial-
hene inhibitor, one 5-quart fill of new
Conoco N'h oil went an astounding
13,398.8 miles. Of course, you'll never
Death-Test your Conoco Nth oil in
sinister Death Valley, nor repeat any
other proving-ground tortures. You’ll
still drain and refill at the intervals
recommended by qualified authorities.
But how you'll expect to stretch the
distance before you ever add a quart,
judging by this big fact:
5 heavily advertised oils in the Cer-
tified Death Valley Test were out-
mdeaged 74% to 161% by Conoco Nth
oil. Economy like that counts up into
dollars! Change to Nth oil today at
Your Mileage Merchant’s Conoco sta-
tion. Continental Oil Co.—Pioneers in
Bettering America’s oil with Synthetics
CONOCO N-,
MOTOR OIL
J. F. POWELL
Commission Representative
J. F. Powell Service
Station
North Main on Highway 4
Phone 17J
the excellent, ,
' ' '
-helterlK-lu
me country.
Measurements
shederbelt w,.r;
the local p fj
Bd'd UM»n ' F'"'^
i
d
1
feet, Mulberry > Gtt|
Willow s feet '
Outotandmg'a :
"ds <»ne Honev u.
feet Tall jind ('hi^J
Wet. , inches tall
Reeves has c.are(i !'
in the manner r!l01
the Forest .Service,
Post Want
L. P. McCRARY,
Practice limited to
Ear, Nose, and Throat
Special attention j
Eye tentingi, »nd tin
of glanten.
Office at Richard)
and C I in i c Wedir
Thurnday, and Matidor
Call Hospital for »p-
james M. If
ATTORNEY-AT-
Office in
First National Bank
Rooms 1 and 2. D~
Jewelers
Watch and Je
REPAIRING
By a Man That Knowi
J. H. BRADS
JEWELER
At Brazier-ltbell
Printing
tPRINTI
► THAT HELPS
^ • Your sales tr
► when they are «
► ity paper. Let i
J good printing or
J will help you sel
THE PAI
NOTIC
Wc pick up dead u~
horses, mules and M
Call collect, within
of town.
PADUCAH SOAP
L. M. Catlett,
Phone 67
Typewriter R
typewrit
repair'
|P"| JL
typewrit*
good
der »°*.
pair *|r
and -
low P
, alio b»«
Paducah of^
Post Remix*1"
able) «•*
a. low •<
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Fyke, E. D. The Paducah Post (Paducah, Tex.), Vol. 35, No. 20, Ed. 1 Friday, August 29, 1941, newspaper, August 29, 1941; Paducah, Texas. (https://texashistory.unt.edu/ark:/67531/metapth723308/m1/6/?q=HAYWOOD: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Bicentennial City County Library.