Falfurrias Facts (Falfurrias, Tex.), Vol. 35, No. , Ed. 1 Friday, January 2, 1942 Page: 3 of 6
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RIDAY, JANUARY 2, 1942
F A L F U RRIA3 FACT S
AComplete Coverage Of Southern Jim Well* County
By MARJORIE WARKENTIN
Mr. and Mrs. H. O. Hague of
Sanesville, Ohio, and Mr. and Mrs.
Plank Hague of Canton, Ohio,
spent the Christmas holidays with
Mr and Mrs. H. E. Knellenger.
Mr. and Mrs. Miller and Mr.
Qingrich of Sioux, Iowa, came here
Wednesday to visit Mr. and Mrs.
Aaron Stoltzfus for a few days.
Mrs. Leland Lytle of Copita Is
visiting her mother in Premont for
a few days.
Miss Lois Duerksen, a student of
Tabor College, visited her parents
over the holidays.
Miss Theda Wehrman, who is
working in McAllen, arrived’ here
Wednesday to spend a few days
with her parents.
Alfred Ratzlaff of Corpus Christl
taxed, sandbagged, and strangled
as never has any legitimate indus-
try before When a financial history
of the 20th century is written this
unjust and unnecessary abuse—
climaxed with the SEC •'death
clause"—will be its big black spot
What of their future? They will
continue to grow and improve their
service. All the bonds and stocks of
the operating companies should be
good investments. The bonds and
preferred stocks of the holding
companies should sell during 1942
for more than present prices. What
about the common stocks of the
holding companies? Well, those not
preceded by bends and 'or pre-
ferreds should be okey. In liquida-
tion they should get more than they
are new selling for. As for holding
and/or preferreds, I have m y
company stocks, pjjpceded by bonds
doubts. Yet some of these at pres-
ent prices may be worth holding.
Price-fixing should help the utili-
What About The Railroads?
Nlneteen-forty-one has been the
best year that the railroads have
had since 1928. The total gross for
1941 will be about $5,300,000,000
compared with $4,300,000,000 in
1940; while the net for 1941 will be
« ,, n . i about $925,000,000, compared with
Rev. Ansa Kauffman and family $682 ooo.OOO in 1940. The coming
year 1942 will show higher figures
both for gross and net earnings;
Mrs. Pearl Fowler, Mr. and Mrs,
Robert Fowler and baby. Mrs. Dutch
Brown and Mltchel Fowler of Okla-
homa visited Mr. and Mrs. Marvin
Shively over the holidays.
Willy Franz of El Reno, Okla.,
was here for Christmas.
Mr. and Mrs. Murdock of Fort
Worth visited Mr. and Mrs. J. D.
Mrs. Rebecca Stauffer spent
Christmas in Alice with Mr. and
Mrs Orville Moyer.
Bill Mahaffey, Menno Thomas
and Harrison Mertens, all of Camp
Bowie, were here for Christmas.
of Tuleta were here fdr Christmas.
visited his mother here Saturday. | at Little Rock, Ark., was home for
Mr. and Mrs. Sammy Teasely and
Mr. and Mrs. F. J. Bergman of
Kingsville visited Mrs. Penny Lan-
Mr. and Mrs. Abe Harder of Fal-
furrias moved to Premont Monday.
Lawrence Vogt of Com, Oklaho-
ma, and Raymond Vogt, who Is at-
tending the Academy there, arriv-
ed here Tuesday to visit Mr. and
Mrs. B. W. Vogt over the holidays.
Charles Bottenfield, who is work-
in Houston, visited with his wife
and daughter Sunday.
Mr. and Mrs. J. W. Duerksen and
daughters motored to Laredo Fri-
sss*?: kt . zsrss,
to get out of railroad securities. Yes,
get out and stay out. After World
Mr. and Mrs. Bullock ot Fort
Worth visited Mr. and Mrs. Ben' *”!.i?,1,"®J ’ IS"
Pnetkpr Phristmis planes, pipe lines, auto trucks, mo-
Poetker Christmas l tQr coaches and prlvate cars of all
kinds. Besides, the recent railroad
wage award is very unfair to the
railroads. The ICC and the Broth-
erhoods are killing the railroad in-
dustry. The sooner the government
buys the railroads, the better off
investors will be.
Money Rates And Bond Prices
Money rates will stiffen during
1942; perhaps not appreciably, but
Mrs. Anna Carlisle returned from some. Certainly any change that
Mr. and Mrs. Roger Wright are
the proud parents of a six-pound
baby girl bom to them Thursday.
Mrs. F. A. Wehrman left for her
home In Denver, Colorado, Friday
a short vacation Sunday.
T. V. McCartney of Kerrville vis-
ited his son, Harry McCartney, ov-
er the holidays.
(Continued from page 1)
supply of many industries. Black-
outs are another factor in retarding
consumer buying. Hence, merchants
should increase advertising appro-
priations if they expect a good year
in 1942. I advise merchants to keep
down expenses; avoid wage increas-
es; and get out of debt. If someone
else offers your employes more
money than you are now paying,
let him have such. After the war
they will come back to you glad
to work for less money than you
are now paying. Don’t speculate in
merchandise. Keep well stocked on
standard goods, but avoid style
goods which are hard to carry ov-
er. Inflation is with us and is grad-
ually increasing prices at the rate
of from 10—15% a year. Legisla-
tion can check it, but it can no
more stop inflation than can leg-
islation stop crime. Remember that
when the war stops, it will stop
suddenly. Therefore, merchants
should keep close to shore.
Residential Building Will Decline
Residential building during 1941
increased, as a year ago I forecast-
ed it would increase. Hence, I do
not like to risk my good reputation
new in giving a figure for 1942. I
believe, however, that rising costs,
scarcity of certain materials and
the provoking way in which labor
has acted is hurting residential
building. Surely it will show no in-
crease in 1942 over 1941; while I
should not be surprised if it fell
back to 1940 figures,—possibly to
the extent of 10% to 15%. Public
works and highway construction
will be less In 1942 than in 1941.
The building of industrial plants
will continue in good volume dur-
ing the first six months. Pleasure
car production will be cut 50%.
General export trade, except for
war purposes, will also fall off. This
will especially be true in the Paci-
fic due to Japan’s attack upon us.
Remember that—as a rule—the
curves for residential building, au-
to production, and non-defense
foreign trade generally go in the
same downward direction.
Utilities Should Improve
The utility industry is basically
sound. With a few exceptions when
high-finance crept in, the utilities
have been conservatively and effi-
ciently managed. They have been
foremost In reducing the cost and
improving the quality of their serv-
ice. Yet for some unknown reasons
the utilities have been persecuted,
does take place will be on the up-
side. The U. S. government cannot
spend about $30 billions a year
($575,000 per second) "mostly for
fire crackers” without an ultimate
strengthening of money rates even
though one-half of the sum is rais-
ed by taxation. This ultimately
means higher yields for Govern-
ments and corporation lands. Cer-
tain medium-grade bonds should
sell at higher prices during 1942.
The money-rate pendulum has
swung from high to low and vice-
versa for 2000 years. It will continue
to swing Tlie present decline in
gold imports foretells the next
swing GcJd imports are now run-!
ning only 25"; of 1940. while loans
Cost Of Living
The <fflelal government cost-of-!
living figures, which will be pub-
lished during 1942. will show a
email increase each month. The,
reason is that these figures must
cover the same items, brand, and
grades in order to have them use-,
ful for comparative statistical pur-
poses. As a practical matter, how-
ever. a family can switch its pur-
chases from sirloin steak to top-of-
the-round without any Increase in
cost-of-living. The same family
can cut down on desserts and save
money on both food and dental
bills! Hence, there need be no In-
crease in the cost-of-living for
well-managed families during 1942.
This is especially true as 15% now
goes into the garbage pall or is
wasted in other ways.
Will Wages Be Froaen?
Some engaged in the defense in-
c’fustrles may get wage increases
during 1942; but not more than
enough to offset the rise in the
government’s cost-of-living indices.
Certain concerns engaged in the
non-defense industries will be o-
bliged to pay key people a little
more to hold them. The majority
of workers in the non-defense in-
dustries will get no Increases in
1942, while some will get their wag-
es reduced. The year 1941 saw the
peak of strikes and wage increases.
The Canadian labor policy may be
adopted by our Congress. The Uw
of supply and demand is still work-
ing. Cost-of-living in the defense
areas may have already seen its
peak. The new workers who are
flowing into these areas may so
flood the market as to prevent fur-
ther wage raises. Besides, I'm in
hope the government will issue a
supplementary table of living-costs
after providing for switches in
purchasing and waster elimina-
What Will Congress Do?
My forecast a year ago as to what
Congress would do in 1941 was 100%
correct. Now, I am even surer of
my ground. When Congress declar-
ed war it performed its most im-
portant single act until peace
comes. From here out It will be-
come of necessity somewhat of a
rubber stamp. War emergency pow-
ers of the President will require
but little action on the part of
Congress. Remember that there are
important Congressional Elections
cn November 3. 194? Incir nt.illy.1
the resul' j of these elections will be
very interesting to watch They will
give us u good clue as to Republican
ihances in 1944; but this is some-
thing for me to discuss a year from
now There is another possibility,
namely, the enacting of labor con-
trol legislation such as Canada has
Price Control And Rationing
If price control legislation is en-
acted in 1942. it will not be very
successful. Price control, without
rationing, is usually a failure. Of
course, the entire set-up appears
cock-eyed to me. For instance, the
purpose of price control is to pre-
vent inflation and to discourage
the purchase of non-essentials.
But, does keeping prices down dis-
courage purchasing? No! The way
to discourage purchasing is to let
price rise. But, you ask: How about
the prices of essentials such as
food? Well, strange to . say, the
prices of farm products are not be-
ing controlled! Even wages are
omitted “because we cannot force
people to work” and yet wages are
the most important factor in setting
WHEN YOU FEED FEED—FEED GOOD FEED
Keep Production up with Heart’s Delight Feeds Liberty’s Best.
Laying Mash, Starter Chirk Mashes, Growing Mashes, Dairy
Feeds, the Cream producer, Hog Feeds, Horse and Mule Feeds.
-Heart’s Delight Range Cubes Pay You Dividends Daily-
SEE ME TODAY
HfWTY flfcUl Yfitt
prices. Bernard Baruch is correct
when demanding the freezing of
everything on a given day,—com-
modities, farm products, wages,
rents, interest, and profits. Fine!
But how can such a law be enforc-
ed0 Remember the bootlegging dur-
ing prohibition days and apply this
to 100,000 articles! The answer is
in having price control apply to a
few essentials and then ration these
Social Security Legislation
There wil i>e a new tax bill in
1942. It will somewhat increase
corporation and personal Income
taxes, but not seriously. Let me a-
gain remind readers that all the
Congressmen and one-third of the
Senators will be up for re-election
on November 3, 1942! There will be
a serious attempt by the antl-lnfla-
tlon group to further tax luxuries
and unnecessary non-defense pro-
ducts as the easiest way to raise
, Social Security taxes on wages
will be another easy way to get
funds. They are really a sales tax
of the most vicious kind; but the
name and promises which go with
(Continued on page 4)
JOY TO ALL
Rlow, bugle*, blow!
TIiNf* Year again,
lime lo be jolly,
lime lo renew old
lo make new
May 1942 bring a
fulfillment of your
prosperity and in-
May it mark a truly
great milestone in
Falfurrias Motor Co.
WORLD grown tired and
weary is reborn at the
stroke of 12! In sending you
our New Year greetings it is
with the wish that the joyous
spirit of New Yeer’s Day will
extend far into the year, and
-that 1942 will bring you
more of life's real values
than any year that has gone
May this New Year
mean for you a joyous
strengthening of old
ties and associations,
and a happy gain in the
number of those you
count as friends. May
it mean more health,
more prosperity, more
joy of living.
fe, ■’ __
f . *+ *•* **
M || fill'
... a*ut Netu rLfeaAri. Qneeti*ujd to. Ijou!
Standing on the threshold of the New Year we look forward with great
faith in the future, confident that the important and impressive lessons
of 1941 will help light the way for 1942. Every member of this organiza-
tion joins in wishing for you and yours a full realization of those fine
opportunities and blessings of which the New Year is agent and herald.
And now as the New Year dawns we again express oar
appreciation to yon and your neighbors for having contrib-
uted in such an important way to oar continued saeeese in
Falfurrias Creamery Co.
if For many year* at this time
we have been wishing you a
Happy New Year, and have
found joy In the doing of it.
This year it »ecms even more
appropriate because of the
troubled time* through which
we have passed.
it We dedicate ourselves to
still greater service to you. to
grestcr courtesies. Everyone
In this concern feels this re-
sponsibility snd accepts It
Joe G. Cantu
^^HERE are many words in the
dictionary , . . big words and little words . . . words
with the splendor of royalty, words with the briltianco
of diamonds, words as pretentious as the swoap of a
There are homely words, too, end between homo
folks like ourselves these are the ones we choose to
carry our simple New Year message to you. Many
thanks for your kindness, and every good wish for a
Happy New Year.
McIntyre Lumber Co.
U^yNewYearto fill. 1342
And now we’re readj to sponge
off the slate and start a spotless
page. May that page of 1942 he
the red letter page of all your
lives . . . may the records which
are to he written thereon become
more glowing and successful oi
the year ailvances, and may the
chief entries of Auditor Time be
Health. Happiness and Prosperity.
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Behrent, Howard. Falfurrias Facts (Falfurrias, Tex.), Vol. 35, No. , Ed. 1 Friday, January 2, 1942, newspaper, January 2, 1942; (texashistory.unt.edu/ark:/67531/metapth878842/m1/3/: accessed November 19, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .