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Show Year; inpasffo T 7 s30uy;lG-u.Meu OnO cession" docs develop in 1954, the government will quickly step in and take remedial action. At the the experts were saying year-enthat starting next spring, the administration will offset any recesa sion by means of the easing of credit," tax relief and the expansion overdue for a levelling oil At the same time, all business of public works. quarters felt that 1954 will be Overall, forecasts point to a highly competitive. Manufacturers, highly' favorable business year in converters, basic : industries and 1954. . bsuse-to-hou, salesmen will push The year 1953 will go down in their products more aggressively. history as one of the most prosThe experts also saia II a re-- perous, according to the statistics. The gross national product rose to a new peak. Consumer spending also reached a new high. Corporation profits rose to a new top, but forecasts are"'that they will suffer the most in 1954. Experts say that their profits .will fall around ten per cent in 1954. Stockholders in of most farm produce, but said the . nation's corporations in 1954, price support programs will "con- nowever, are expected to receive tinue to cushion the impact" of the same amount' of dividend pay the large supplies on prices. U. S. ments. demand for farm products is exFollowing is a summary of ma pected to continue strong, he said, jor industry operations: and foreign demand .is likely, to AUTOMOBILE The industry stay near last year's level, which expects stiff competition in 1954. was lower than other recent years. car output was 6.1 milMcKay . said the . Eisenhower Passenger lion units in 1953. the second high administration's "first, year "has est total on record. In 1954, pro demonstrated t h e fundamental duction probably, will drop to be soundness of its determination to tween 4.8 million and 5.2 million cooperate with industry - and the units, trade sources say. workers in establishing a better CHEMICALS & PLASTICS The climate for both, in which to con- industry went through a large ex tribute to the economic well be- pansion program in 1953 and con ing of the nation." tinued heavy outlays are expected in 1954. Lower prices can be ex pected in 1954, the experts say, because of the Increasing competi tion and improved production tech niques. COAL This sick Industry will i eet sicker in 1954, according to Trade quarters all predictions. estimate that bituminous coal pro duction will fall 15 per cent to 18 per cent in 1954. The Bituminous stateCoal Institute in its year-en- d soft coal of said ment production in 1953 eased to around 460,000,000 tons from 467.000.000 in 1952. The volume CONSTRUCTION of new construction spending in 1954 will run some two to three per cent below 1953, but still the Dollar second best in history. volume in 1954 is expected to fall between . $700,000,000 and $80,000,- 000 short of the record $34,700,000, 000 spent in 1953, according to the V building experts. CRUDE OIL Production set a new record in 1953 but the outlook for 1954 is clouded somewhat by TAKES PROVO POST J. T. the current oversupply situation. Vick, returns to Provo as divi- Demand is expected to rise again sion sales manager for Utah OiL next year and, M more normal winter weather is encountered, at a high production should remain in-- , the the leaders industry level, said. i 1953 show LIQUOR Business in ed some slight improvement, according to the Licensed Beverage Industries, Inc. However, the ex perts point out that the high (bust." They felt that the readjust-1'nite- d Press Financial Writer: ment which got underway in the NEW YORK UP) The. nation jlatter part-- , of- - 1953 would carry to 1954. This, they said, was is completing one of its best r.fss years in history and from allja healthy sign' They pointed out indications 1954 should be almostlthat business has been operating as prosperous. Many segments oi.on-mat u was nign piateau-anJOSEPH W. MICHALSKI busi-;ov- er d, a ur.e nation s industries sex new records. Some operated 'just under their Business experts feel that. 1954 will be as good as 1352, thejsecond best year in U. S. history.- - The economist refused to make any I'atemer.ts about a "boom or , se Secretaries Say Good Year A JT Jiead for Business, Farmers Br RICHARD E. MOON'EY United Press Financial Writer U.P Members WASHINGTON ef President Eisenhower's cabinet most directly concerned with the nation's economic heartbeat pre dict 1554 will be another "good" though possibly not quite as year, record-breakin- g as 1953. In New Year's statements for the United Press, four of the itration's economic leaders Secretary of Commerce Sinclair "Business will be good in The momentum should not decline appreciably, despite 'ad lines." justments in certain Secretary of Labor James P. Mitchell "People can be confident cf the future of their wages, salaries and savings. There are many indications our economy 's in a condition favoring steady, healthy TVeeks 1254. . growth." Secretary of Agriculture Ezra T. "Farmers can expect the not be greatly dif- Benson new year may ferent from 1953. There is good reason to believt they will con- ir v,o Lit UC . tfmrtv financial I ....' I. ..mi. n i no a " W time normal." Secretary of the Interior Donr-to"All signs point continued progress and prosperity lis McKay in 1354." ... Weeks - said the "rolling readplace in justments" now taking "normal are business of lines icme H a healthv economy, and aireaay tcme of them are about over. He said the government win Yp- - a watchful eye" on the eco- remic cutlook. and will "continue to act to foster economic growth, and have measures in reserve to he'p maintain stability." Mitchell said the country, enters "with employment and. purchasing power at high levels," and he predicted "extraordinarily high levels" of production in the new-yeafor both consumer use and business expansion and improvements. He said the construction"' indusclose" to try w;H operate of"very 1953. the record high Benson told the United Press by f-arreaverage jsricet received near-cur.1854 ars in "mayrfcold rr-- t levels"' and 'farmers' eosts "have been leveling off." He expects jnore large supplies 1554 r Weather Report Forecasts, Temperatures By United Press Utah: mostly eloudy north with few snow Hurries over mountains. low tonight Fair acuta. High 5 south and east and 5 northwest and extreme southwest-Logan- , Provo and Ogden: low tonight 2: hi?h near- 33. Southeast Idahot mostly cloudy vita a little light snow; little chance in temperature. High ' . low tonight Southwest Idaho: mostly eloudy with a few snow flurries; little than? e la temperature. High low tonight 25-4- 5, 20-2- of-195- 3. J, T. Vick has. been appointed division sales manager, consumer department, for the Utah Oil Re Company at Provo. fining' Mrr-Vi- ck succeeds J. J. Winter who. has been transferred to Salt Lake City as assistant consumer sales manager for Utoco. Mr. Vick is well known in this area, having been a salesman in the Provo division for the Utah Oil Refining Company several years ago. In 1949. he was advanced to RETAIL TRADE Dollar Tolume become manager of consumer sales for the Cedar City division of in 1954 will decline around five the company. per cent and the pinch will be felt Hi-La- 2S-3- 8. Atlanta Brings Eisrr.irck Boise Eostoa Butte Denver Las VegasLczan y Los Angeles Miami New Orleans ; . .25- - II 65 80 53 54 67 25 42 Omaha. Phoenix- - Pccatello Portland , Provo . Salt Lake City San Francisco St. George St. Louis Seattle .. ' 30 37 . - 60 53 ,43 43 "- . 36 28 33 43 , - r i - Eve-- . Prime Minister Sidney" G. Hoi land announced 97 bodies have been recovered so far. He said he saw "no hope of any more 'victims ' being found alive." Officials believed many bodies were carried out to sea by the flooded Wangehru River or buried under tons of silt in the bed of the river swollen by a flash flood. One of the five cars of the train that crashed through the trestle with the locomotive was carried nearly two miles downstream by the , torrent. Enroute to see Queen The nine car train was enroute from Wellington to Auckland with many of its passengers traveling to see Queen Elizabeth during her visit to the Pacific dominion when nnK mm mmm mvmm uwmwwijyj.1 C?a n fn) LJ v- 160 miles north Elizabeth broadcast a message of sympathy on New Zealand's worst train disaster and the Queen and the Duke changed the "schedule of their tour to call on one family of . survivors in Auckland. Two Other Wrecks Weary volunteer rescuers who' Hid looked for bodies since Christmas Eve turned their attention to caring for relatives streaming into the Waioru military camp .where the bodies were assembled. Another Christmas Eve train wreck near Brno. Czechoslovakia, killed or injured "around 100" persons, Chech officials said. They discounted reports in Vienna, Austria, that 186 persons were killed in the collision of two passenger trains. Four railroad men also were killed when a freight train jumped the tracks in the Andes mountains of Peru between Chosica and the big Pacific port of El Callao. a K? - A A. W MbNb I "Z3 lj v - rUX n - I n Vw ! 4 - I A "Si THE WATIOM'S TOPMOST LIME OF - - - V iulEN'S WOMiM S AND CHILDREN'S SH0 0 ROBLEE 0 JOHANSOM 0 AIRSTEP PEDWIN 0 BUSTER BROWtJ -- 1 ... V.;- - "! . J ; v j (--'- 5i'U- - nTV-2V$- ' - fl REGULAR VALUES $7.95 TO $9.95 WOMEN'S AIRST EP SHOES WOAIEN'S LIFESTRIDE SHOES NOW ONLY! NOW ONLY I SAVE mm . J REGULAR VALUES $8.95 TO $12.95 a t ;' m i I mm. l -ii- iir- CM t4 DOLLARS ihMiiii AT RANDALL'S . ., .i fc. .. hCV . V- -- J SAVE T f Jr. . D O LXrArR'S 2- f .jr. - AT 0L & R AVN D A - J- 40x i' L L'S m. REGULAR VALUES TO $10.95 REGULAR VALUES TO $15.95 mgm MEN'S ROBL EE SHOES II--- Hi-La- nd 15 driver The .'. routes fromoperates its plant here. .. Hi-La- nd company first began operations in Provo in 1943. Since that beginning it has grown from one employe to 20 at. the present. It handles not only a full line of dairy products here, but also includes a complete ice, cream distribution. .. Mr. Spriggs is a native of Coal... ville. Utah, the heart of the producing area. He resides .. with his wife and three children .01 at 425 North Main in Orem. Hel " Hi-La- nd M , !:i;r--' m : NOW ONLY. . . AT DOLLARS SAVE mm RANDALL'S . . V i MEN'S PEDWIN SHOES NOW ONLY........ SAVE DOLLARS ' C,1 AT RANDALL'S 9 REGULAR VALUES TO $10.95 REGULAR VALUES TO $6.95 Max A. SprLggs, new manager of the Provo division of Dairy. has been employed with the com pany for a period of six years. MANAGER it M Hi-La- nd I l i tit t ' . - ... ' "" s'i xfc Wi.x:: " .' - NOW DRESS & CASUALS ONLY............. .. GOOD VALUES CHILDREN'S ROBINHOOD SHOES. I ' r NOW $095 ONLY...... -f C V 1? Mart f ! fi hjjr i NO EXCHANGES NO REFUNDS ALL SALES ' FINAL! i GET HECEEVE COMMISSIONS These Afr' Force ROTO cadets at Brigham Young University received commissions as second lieutenants in the Air" Force Reserve. They are expected to receive their orders h the near future. Hiey'are, left to right, front row, Karl Hofman, David I. rolkman and Kent E. ' Myers. Back row, left to riht, David ..Wing, Vernile Russqn and Delray Hatch. The new shavetails got their gold bar from Lt. Col. Jesse E. Stay, commander of the "Y" ROTC unit. 'This brings to 27 the number of commissions earned by cadet at. BYU since the ROTC unit was . activated at the university in 1S51. ...... V NJ-- : THESE ARE ODDS AND ENDS .- ' ONE GROUP S-- SHOES WOMEN' , BUSTER' OROWM'S 'If ) T"' "v rv 1 .' ' Christmas iyer- on the crash occurred of Wellington. nil -' 37 .. 58 22 - .01 29 .. 33 15 ... .07 35 10 . "15 tl'li 3, ' 13 1 nd ' 18-2- SUNDAY HERALD. .1 25-3- 5, 0. u WELLINGTON, New Zealand Authorities estimated to(UP) 166 persons perished when a day train crashed through a washed- out trestle and fell into a flooded - te I Dairy Appoints Manager To Head Provo Division i V ': federal tax on distilled spirits continue to plague this industry. If this tax is, not reduced, they fore cast that sales in 1954 will tend to decline by some five to 10 per cent. RAILROADS The nation's carriers enjoyed one of their best earnings years in history m"1953, but industry spokesmen look for a moderate decline in 1954. They base their forecast on declining traffic volume, rising labor costs and, a slowing down in industrial activity. f Robert M. Kirk wood, a native Provoan, has been elected to the board of directors of the T. W. Woolworth Company, It was announced today. A son of the late Thomas Kirk-woo- d and Mrs. Sarah Whitehead Kirkwood, he began his career with the Woolworth Company as a stockman in the Provo store in , Vick Named Sales Chief For Utah Oil i All production recpace ords were topped in 1953. Output reached a level of 112,000,000 tons In 1954, however, industry sources expect a drop or arouna 12 per 1923. cenrin production. TELEVISION With large invenHe went to the Salt Lake City tories at the close of 1953, the in- store as; assistant manager in ; dustry expects a sharp production 1925. Successively he was manslump in 1954. With approach of ager at Denver, Sheridan, Wyo., color TV, the experts say black- - Mitchell, S. D Grand Porks, and-whisets in the lower price N. D!, and Des Moines, Iowa. From 1943 to 1946 he was surange will sell the best ' Robert M. KirkTOBACCO Sales in 1953 have perintendent at Minneapolis, then ELEVATED former wood, Provoan, named been disappointing The adverse personnel director and merchan of directors of to the board publicity on the effects of cigarette dise supervisor in the same city. F. TV. Woolworth 1949 In Company. was he was one of merchandise reasons the super smoking contributing to the decline. The visor at Boston, Mass., then went England District, which post he industry expects to spend millions to San Francisco to be assistant held of dollars for cancer research. In district" manager. prior to his election to the 1954. tobacco manufacturers will For a year he traveled over the board of directors. Mr. 'Kirkwood's mother, Sarah emphasize filter-ti- p cigarettes in United States as a special persontheir ad campaigns, according' to nel man for Woolworth before W, Kirkwood, a sister of Walter x being named director of the New P. Whitehead, resides at Provo. trade sources. . Dairy has announced the appointment of Max A. Spriggs of Orem as manager of the Provo division of the dairy. Mr. Spriggs iwill control the distribution in the Central and Southern Utah area. Louis' R. Curtis, general man- 1 Dairy, said ager of the that due to the growth of the ProMax. Min.Pcp? vo area the management has to expand its 45 Jl .01 deemedandit necessary facilities here. operating plant 45 24 in He further making the stated, 19" 40 new of the announcement appoint34 22 forward looks the that ment, dairy 48 31 ineven more to substantial an --' .. 8 '2S of the to area the because crease a 21 53 33 .. growth of new industry. 57 - more in the last half of the year, business quarters say. STEEL The industry expects 1954 to be a good year, showing only a slight decline from the peak 1953 Death Toll Jn View Zealand Train Wreck Goes Up To 166 '4 OfWooIvorthCo. InrBp5MDIfD. m SUNDADECEMBER, 4 Nati ve Prove an Elected to Board 154 WEST CENTER PROVO Proyo's Complete Family Shos Store ' |