The Cuero Record (Cuero, Tex.), Vol. 43, No. 241, Ed. 1 Friday, October 8, 1937 Page: 5 of 8
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BUSINESS IS SPOTTY THROUGHOUT
iMr. Babson Finds
f Activing Receding
In Certain Areas
MEDAL FOR “IRON LUNG” HERO?
pIl
-r . . ■ ; ;, :
Nevertheless. total buying power
will top the 193G total. Textile mills *
are slowing down through the Pied-1
mnnt area. Manufacturing plants of j
all type's teport a slackening In
orders. Yet despite this temporary j
set-back most of the South offer*!
good sales possibilities. j
Middle. West Average
East of the Mississippi and North i-
jobs, and sales? If not. is it fore j of Ohio, business conditions —
casting such a decline? This is the while slackening off—are relatively
* question everyone in New York was 1 good. The automobile industry hast
< disking when I sailed Hence. 11 been a life-saver in building t*,»j
-Wired to my field offices for last i trade and developing the buying j
minute check-ups of conditions in power of thousands of wage wot k - j
sections. I have modified thes*?!crs. Rising rents are keeping home I
vgqjwrts in the light of my own building active despite higher con- j
JL j> figures and have summarized the1 struction costs. Retail trade in this !
By ROGER W. BABSOX
j ON BOARD S. S. BERENGARIA,
; Oct. 8.—Wherever groups gather
today the trend of business is the
e topic of conversation. Events of the
^ast month have made the business
‘ world jittery. Pessimism and un-
’ certainty are the fashion of the
1 moment. Does the price break re-
‘ fleet a sharp recession in business.
for readers' conven- section is from 5 to 10 per cer
ft
j f conclusions
fence.
New England activity shows only
s very modest gain over a year
age. Total retail trade has teer.
running under the 1936 level in the
larger cities. There has been a more
marked drop in demand for leath-
os, shoes, and textiles than usual
wt this season. While all types of
building have fallen below a year
ago, non-residential construction
baa picked up recently. New Eng-
land has just closed the best tcur-
ahead of last year. Despite tne cur-1
rent let-up in mofor, chemical, shoe-
steel. and other industries, no sharp
curtailment is expected.
West of the Mississippi, conditions j
are more spotty. Some farming'
communities arc much the richer [
for this year’s harvests, while oth- i
ers, where crops are only fair, are
still just dragging along. Live-
stock prices are high, but because
grazing conditions are good. ani-
mals are being held off the market.
mtt,
IT jW
ij_
. -.v-k. j-v
Billy Epperson with parents
A Carnegie hero fund commission medal is sought for Billy Epper-
son, 14-year-old infantile paralysis victim, who has returned to his
Tulsa, Okla., home from a hospital where he spent much time in the
“iron lung”. Billy twice relinquished his place in the “iron lung ’
at the risk of his own life to save the lives of other patients .in the
hospital. Both patients with whom he shared the "lung” died. Billy
is seen in his home with his parents, Mr. and Mrs. M. S. Epperson.
* * —Central Pres»
15 bo accepted by your office with
the definite understanding with the '
producers that such .receipts ar.«
; certificates will not po valid unless
an extension oi time is granted' by
ti e secretary' of agriculture Tire
date of filing must be Clearly stamp-
ed on each of these forms and.they ;
should be kept separate from those
which are filed witfrin tire pre-
‘ scribed time limit. If the Secretary
grants an extension of time. you
will'be notified by wire immediatc’.v
by this, ofirre ”
C' nee:nine .'.tire 0c Cotton tow
the Sfnc B ard has tl.e following
to say:
"Although we are rr t iufornved
concern: m: the producer's author-
ity. if any. to force the sale of l'r.
cotton after :t has been entered in
the government loan, we have beer
definitely advised that such cotton
will not be eligible for the Cotton
'Price Adjustment Payment uh!< s- .
it is sold in the channels of trade-
prior. to July 1. 1938."
Those producers who desire a 9r
Lean on their erttob are advised to !
'see their banker for proper appli-
cation blanks.
SOIL CONSERVATION
Tabulations regarding- the ris--
t'ict-wide soil conservation project
in the Lubbock district of the Na-
tional Youth Administration, spon-
sored by the Agricultural Exten-
sion Service, showed that more
jthan 200,000 acres of land in 13
counties of this area had beer
surveyed by NYA youths prepara-
tory to terracing, contouring and
construction of other conservation
structures. A. V. Bullock supervisor
has reported to J. C. Kellam. State
Holds Census Conlab
tst and vacation peried in its his- Real estate is very dead in this jes_f;om pueblo
lory. This influx of resort money
will be a life-saver this Pall and
► Winter.
Atlantic Sfetbcard Mixed
Business coach t ion#'vary widely
‘ In the Middle "Atlantic States
Everywhere industrial activity is
still above a year ago, but receding
. noticeably, Virginia, West Virginia,
| Maryland, Delaware, and parts rf
j Pennsylvania report good retai1
$ sales. Returns, however. are not
so favorable from New York City
• and New Jersey. Building activity is
off as it is in nearly every
Wall Street is naturally blue,
fundamentals are sound. High-
and better retail trade
other sections will help the
northeast.
South is in good shape. Con-
in the farming regions have
ideal. The cotton ahd tobacco
are enormous this year. As a
to Spokane.
A
good year in mining, steel, ana
other heavy industries has helped
section and new building is slowing
down. Nevertheless, as corn and
livestock are converted into, cash,
such areas as Missouri, Eastern cr0pS
Nebraska. Kansas, parts of Iowa aide<j
the Dakotas, and Minnesota are metal
set for their best Autumn business ajjy force some
in years. buying oyer the next few months.: 1929 with no sighs
Southwest Booming Even so, department store sales are: In other localities.
Business is really booming down roughly 7 per cent above a year ago J stepped as suddenly
in the Southwest. Lower cotton
prices have taken some of the edge
off Texas and Oklahoma’s hilarity,
but this section is still just like a
“Boom-tcwn.” Oil drilling is close to entire history,
an all-time high. Retail trade is
way over last year’s figures. Jobless
workers are scarce. No real let-
down appears to be ahead in these
states. Winter tourist business above a year ago, but there
only fly in. the ointment. General Aouth Director.
business is 14 per cent above a year
age. However. the , recession - nov.
many communities and favorable prevalent in the'states will have at
and grazing conditions havc-jleast mill effects in the Dominion
others. Recent easing in Conclusion
and wool prices, will natur- Here and there are a few spots
postponement of [where business is the "best since
‘ ..... cf a let-'down
business has
.as a,. truck
A moderate slowing down will not. j putting on its brakes. Taking , an
hurt the Mountain Area, liowevei j average, however, there is no doubt
for it has just experienced one of j that activity has dropped recently,
the best twelve month periods in its j The Babscnchart—down 4 cent
I from last month-
promises to be best on record with
this entire section benefiting. I am
very optimistic on both the short-
term and long-range futures of
cotton prices have fallen this rich and growing empire.
Ily and tobacco is lower.* Business is also fine in the Rock-
verifies this con-
3 per cent
Yet I am
a pessimist. A new depression
is net starting now Before my re-
turn boat docks in New York, busi-
ness should be bottoming out. So do
not get panicky. Hold onto your
good stocks. Go ahead with your
business plans. Get ready for a
new upswing later this year or
A dams Best Bread
NOT AN ORDINARY BREAD
BUT AN OUTSTANDING LOAF
More Nourishing—Richer in Flavor
and ^Higher in Quality.
m <yrF .....——
N
n ._ „„__. idus.cn. It is. however.
Pacific Coast Spotty , , . ,
, above last vears level.
General business on the Coast— not‘ a pessjmjst ^ ««
particularly in the Northwest—is!
has
been a sharp drop in retail trade
and building recently. Crops have
been favorable and farmers, cf Ore-
gon and Washington are sitting
pretty. The labor situation, how-
ever. is critical. San Francisco i-':early next'
sdffering from its third maritime, •__
tie-up in four years. Lumber orders;
have dropped perpendicularly as-Give Information
building all over the nation and on r* ■ C 1 Cl*
the coast slows down. Tourist1, On Gotton dales diipS
spending in California and goodj The following information has
crops in Washington and Oregon1 bepri received by the county agent’s
are the bright factors in the f'ar (office. from the state Board in re-
West outlook. j gard to the final date for accepting
Industrial activity in Canada has cottcn sales slips:
broken all previous records this “jj, js OUT suggestion that buyers
year. Right now the Eastern Prov- receipts and Cotton Sale Certifi-
inccs and British Columbia have cates filed after September 30 for
the best outlook. Lumber, paper.. cotton sold on or before September
steel, and construction are register-j -■■■" 1 - .......... ■ ■
ing wonderful gains. “Poorest!
crops on record” in some of the
drought-hit prairie areas is the
(
The
Health
Beverage Supreme
DIETZES
Grade “A”
MILK!-
Drink a glass of this Pure
Jersey Milk at Every Meal.
DIETZE’S
Sanitary Dairy
Arneckeville Road
St-
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INVEST SAFELY
Buy Cuero Federal Savings
and Loan Stock
It is secured by Cuero property worth several times its loan
value.
Eastman
Kodak Films
AND
It pays dividends to its holders.
It is insured up to $5,000 by the Federal Savings & Loan In-
surance Corporation, Washington, D. C.
It can be cashed in on short notice.
Ask The Secretary
About The 4 Investment Plans
• * A
Cuero Federal Savings
and Loan Association
One Day
Service
Kodak
Finishing
t ,
Cuero Photo Service
ANTON TRLICA, Prop. .
116 W. Main Street
If You Need A
TYPEWRITER
For Any Purpose
See Us
We Have The
Corona Portable
and
L, C. Smith
Agency.
New and Used
Machines.
PaulDornbluth
Buchel Bldg. Ph. 33
PIPQT *n The Qualities
■ ■ 1m w I You Want Most!
In Economy, in Simplicity, in Dependability!
A JOHN DEERE TRACTOR
For every Farm, for every Crop, for Every
Purpose.
DeWitt County Implement Co.
Phone 42
C. A. GAY, Owner
124 W.
John D. Biggers
Administrator of President R^o??-,
veil s unemployment census, John
D. Bigger?, industrialist, of To-
ledo, G , is pictured in Washing-
ton after holding a conference
with leaders of labor and indus-
PLYMOUTH
m m
DODGE
O. G. PROBST
220 N. ESPLANADE
CUERO
....... —
try. Biggers, incidentally, is a RECORD WANT ADS FOR RESUL'
Republican. *
—Central Preta 1
SPECIAL
MEXICAN
DINNER
SATURDAY
ENCHILADAS
TAMALES
SPANISH RICE
BEANS
CHILI
30c plate
THE
GOBBLER
On Main Street
See Us For Your
TRACTOR
— FUEL —
and DISTILLATE
Prompt Service—Fair Prices.
CLARENCE MILLER
Service Station.
On West Main Street Phone 11
YOU CAN HAVE A
KITCHEN LIKE TH
I I
(Investment Insured Up To $5,000.00.)
City Hall Bldg. REFS SHANNON. Secty.-Treas.
( ily llall Bldg,
GET READY
FOR COOLER
DAYS!
SHOES DYED BY NEWEST PROC ESS!
Have those shoes fixed up—We will make them look like
new and feel like the same old, comfortable shoes you
like to wear.
Thigpen’s Shoe Shop
CLAUD THIGPEN, Prop.
Pcavy Bldg. Church St.
TRY (H R DELICIOUS
Layer Cakes a\
Baked daily 'and made of the ^ 'C5'
finest ingredients—Come by this '
bakery for all kinds of ehoice
Pastries.
•<■ 1
Shaw Bakery
113 \. Esplanade St. Phone 206
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Putman, Harry C. The Cuero Record (Cuero, Tex.), Vol. 43, No. 241, Ed. 1 Friday, October 8, 1937, newspaper, October 8, 1937; Cuero, Texas. (https://texashistory.unt.edu/ark:/67531/metapth994938/m1/5/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Cuero Public Library.