Evening star. [volume], April 09, 1947, Page A-10, Image 10

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
Question:
HOW CAN / GET NEW
FLAVOR IN MY EVERY
DAY HOME COOKING?
Answer:
SEE "BLUE PLATE" ON
THE FOOD PAGE
LATER THIS WEEK
l _/
TOO FAT? M SUMMER
iris vnamm canny way
War* a more (tender, (tactful it
ure. No cxerdaiag. No IxntirjB.
Nodrugs. With the timplt AYDb
Vitamin Candy Reducing Plan
you don't cat out any metis,
etarchea, potato*, mean or butter,
you simply cut them down. It a
easier when sou enjoy delicious
vitamin fortiliedl AY DS candy
wfore meal* Abaolatdy harraleaa.
la eUaiattaats eoadoeted by
ad dMIM.iaoratiiaa MO o«e»«»*
toot t* to IS Hto. owwa* In o
SSd^SJ5d?JptM!'D*
WO MAIL ORDERS
. VITA FOOD STORES
103 12th St. 3040 14th St.
Jest Abort I CO. MM
..... n"" ...
Insure Your
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IS Complete
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wotch re
/E poiring by
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y I Trained
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cv Come in and
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J nearly 100
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I complished.
2 Classes-* AM. to 1 PM.
6 PM. to 10 PM.
Approrod (or GI Trolnlnr
The WASHINGTON
Technical School, Inc.
911 Penn. Are. RE. 7329
Opposite Dept. Justice
Recession Hay Begin
This Summer, Survey
Of Nation Indicates
(Will there be a business reces
sion in the United States? If so,
when will it come, how hard will
it hit? The immediate future of
business in this country is of vital
interest to all the world. The
Associated Press has surveyed
prospects across the country, and
presents the results in a series of ■
three articles. This is the first.)
By the Associated Press
The outlook Is that the current
record-breaking business boom In
the United States will continue for
at least another three months.
After that, the much-discussed
recession may crane. It is far from
a certainty, however. And if it does
come, the recession need not lead to
a depression.
Many economists and business
leaders expect a recession will attain
stature this summer. They say that
the economy is getting too far out
of kilter; that many prices are too
high, and that inventories are get
ting too great as consumers tighten
their buying.
Sales Leveling Off.
There already are indications of
a leveling off in retail sales, the
Easter season being especially dis
appointing.
This is the essence of a survey
made by the Associated Press.
Across the country at the close of
1947’s first quarter. It sums up the
thinking of business leaders and
high-ranking economists in Govern
ment, industry and labor, and fac
tual information culled from key
American business centers.
Labor difficulties could upset the
predictions. A prolonged closing of
the coal mines, more strikes like
the telephone walkout, could af
fect the national scene. Wage nego
tiations in important Industries are
pending which might lead to strikes,
curtailing production and disrupt
ing the economic timetable.
When a recession may come, how
long it might last, and how severe
it might be are all questions for the
future to answer. Economists disa
gree, except that most expect some
thing of the sort this year. A
mihority feel that both high prices
and high wages can be maintained
without a recession.
Readjustment Normal.
There is little gloom surround
ing the recession talk. Such a
period of readjustment would be
normal after the present postwar
boom. It could be a healthful
phase, a period of making the
Nation’s economy ship-shape, after
which, there could be continued
prosperity and a continued rise in
the standard of living.
But for now, business charts
remain heavily weighted with fac
tors favorable to a continuation
in the second quarter of trends
which made the first three months
«
Manor for investment at record
low-interest rates is abundant.
Plant expansion and modernisa
tion la proceeding at a rate twice as
great as during the best years be
tween 1929 and 1941..
American exports reached a new
postwar high in dollar value during
February. In this short month they
totaled $1,153,000,000, a gain of $37,
000,000 over January and the highest
since $1,187,000,000 in November,
1944, which was 76 per emit lease
lend.
Farm income will amount to
$1,800,000,000 in Ainu, 15 per cent
above April, 1946, the Agriculture
Department estimates. During the
first quarter it averaged 28 per cent
above last year.
Exports and farm markets depend
to a great extent on American loans
abroad, and the Government’s lend
ing policies will determine much of
their future.
Steel Mills Busy.
The Nation’s steel mills at the end
of March were running at 97 per
cent of capacity, a postwar record.
Die high in 1M6 woe MJ pdr cent,
also In late March. Demand k still
strong.
Automobile production is continu
ing to climb, reaching 415,Ml cars in
March, compared to 89§,063 to Feb
ruary and 3724*48 in January. There
is still a big backlog of orders.
Against these favorable points,
economists weigh important factors
that are unfavorable. Seme of them
are:
In many large cities business has
declined sharply in the so-called
luxury brackets, including the night
club and other expensive entertain
ment fields. Movie attendance is off
In toot placet. A alums In ttlt type
of spending could be a first sign oT
recession. *
! f Unit Bake Decline.
The average citizen seems con
vinced that many prims are too
high, and economists bold that this
conception, whether Justified or not.
could Itself bring about a recession
or even's depression if it persists.
While dollar volume in retail sales
generally remain high, unit sales
already are tolling off.
The foreign situation is uncertain,
*<mpg to the risks of management
planning. It remains a major im
ponderable factor, a dampening in
fluence on business felt to some
degrees almost throughout the
While business failures an atSI
comparatively low-63 In the latest
recorded week—they were dearly
four times as numerous as last year
and probably would mount shandy
in any sizable recession. The large
number of firms Incorporated since
1M0 have known only good timet.
Commercial, agricultural and bus
iness loans of 101 reporting banks
of the Federal Reserve System nave
risen to an all-time high of above
111,000,000,000. This Indicates goods
are piling up—that production and
distribution, basic factors In the
economy, are out af kilter.
at 1*47 outstandingly food. Boms
at then factors art:
Around 58,000,000 oMUans are
gainfully employed against lees than
afiQtftW out of work.
fnnnmA payments to individuals
are running at an annual rate of
about $177,000,000,000, an all-time
record for the country, Including
the prosperous war years. (In 1939
it was $70,800,000,000.)
More than $150,000,000,000 is
away in liquid assets that
can be used by individuals at will
to increase current expenditures.
There is an enormous pent-up
demand for all types of durable
consumer goods, such as furniture,
home appliances and automobiles,
that run into uncounted billions of
dollars.
We have the most acute housing
shortage in history, calling for a
building boom, sometime, of tremen
dous proportions.
Corporation income and dividend
payments are high.
HOME OWNERSHIP
b More Than Good Business Judgment
It's a Whole New Way of Life
Thera's a lot of satisfaction In owning your home—the kids
can have that little cocker spaniel, you can paint the kitchen pink,
play the radio as long and as loud as you want. And one of tha
best things is having it and paying for it as you enjoy it. Oriental
with its DIRECT REDUCTION LOAN PLAN can help you.
SHE HAS GRACE,
&
HE H
I
ORDER
YOUR
AWNIN8S
NOW
* j
A Complete and Dependable
AWNING SERVICE
%
• Custom-mod* awnings. Your choice of top-quality
workmanship.
• Skillfully planned and tailored to meet your individual
needs.
• Your awnings returned promptly, ready to be hung
at your convenience.
• Awnings make your house more attractive and keep
you cool and comfortable.
:
Dear Marigold:
When your mistress wrote
us in 1942, she was troubled.
You had raised an impressive
succession of kitten families—
healthy beauties all, she said—
on Puss ’n Boots Cat Food.
k ' Then Puss ’n .Boots cans
' suddenly went off to war. And
your owner was concerned
about your health. "There is no
substitute for Puss ’n Boots,”
she wrote.
We answered regretfully,
for we knew how you loved
your Puss ’n Boots and how
good it was for you. We're
answering again—this time
cheerfully—because now Puss ‘
'n Boots is back in cans —on
V grocers’ shelves!
t
You knew what a wonderful
diet Puss ’n Boots was, Mari*
gold. And we know you’ll
agree that your many wartime
offspring — none of whom,
imagine that, have ever tasted
Puss ’n Boots—have a treat in
store for them.
For from now on they can
all enjoy that same delicious,
nourishing combination of
whole, fresh-caught fish and
other health-building ingredi
ents that made Puss ’n Boots
not only your favorite dish but
the largest selling cat food in
the country.
So toll your mistross to ask
her grocer today for Pass ’n
Boots... and to help spread
the good mews. Puss ’» Boots
is bach!
Happily yours,
•Letter rmiUble for inspection upon request
r
e Glassy Caat — Proteins
end liver oils of whole,
fresh-caught fish—for solid
tissues, health? skin, shin
ins fur.
\ Pieyfvl Pep—All the raloee
J of ritamin-rich Pacific luh,
I plus selected readable car
L bohrdrates—for high re*
pa> *i stance, bouncing energy
w
m.
Ijp
fir
■ - ?
tartfM lye* — Ingredients
that norid* nit* lad min
erals, carotene end roogh
age—foe rich Hood, good
circulation and dock-like
regularity.
Copr. 1947, Coast Fishing Company, Wilmington, California
PUSS 'n BOOTS • PREPARED ESPECIALLY FOR CATS • THOROUGHLY COOKED IN THE CAN
_READY JO FEED • RJC<| IN HEALTH-BUII£ING ELEMENT^ EVERY CAT NEEfiS_