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Show MAIN STREET, U.S.A. By BERT MILLS Distributed by National Editorial Aaaodation By Bert Mills Business was good In 1865 and will be better In the new year, forecasters In govern, ment and Industry agree unanimously, In fact the outlook for boom conditions Is so bright that econ. omlsts are having difficulty In finding the usual dark signs to hedge their predictions, Just in case the uptrend should be Interrupted. President Johnsons own economic slze.up will not be given until late January but It Is safe to say that he will paint a rosy picture of prosperity. He Is a collector of favorable statistics and can spout fig. ures upon any occasion. FORECASTS FROM govern, ment sources tend to be over It Is natural for optimistic. s to see the sunny side for political reasons, and to say as little as possible about any clouds that may be gather, office-holder- ing. But business spokesmen are Just as optimistic about 1966 as the seers In Washington. Fifteen top executives representing a cross section of com-merc- e participated recently in a New York symposium on the outlook, and their unanimous conclusion was "another r Another panel of 11 leaders concentrated on the short term, each with a special eye on his own Industry. Their Joint conclusion: "Happiness is the outlook for the first In Chicago quarter." year for agriculture," U.S. Department of Agrlcul. ture has termed 1965 "a relatively good year for farmers and said "1966 generally" should turn out even better," A key barometer of agricultural prosperity Is "realized net farm Income" - Income after payment of production expenses. In 1965, net farm Income reached $14 billion - a new record since 1952. The 1966 forecast Is for a further rise of 14 to 12 billion dollars. Income basis, farm families have been gaining on city people although there Is still a gap. told has also U.S.D.A, farmers to expect a continued rise In the gross national product In 1966, along with advances In employment and in consumer Incomes. Thus the market tor food and fiber will be better In the coming year, The average family spent six percent more for food In 1965 than the previous year, Another rise Is predicted In 1966, al. though not as much as six percent. Food prices at retail are also expected to continue to climb, but not as steeply as last year. with sales of 10.8 million vehicles, Including 9.3 million passenger cars. This mark exceeded any previous year by more than 13 percent. In 1965, DESPITE THIS booming pace the auto field, there Is no sign of slackening demand even though there have been three record years In a row, New models for this year have been well received and the Industry anticipates that 1966 will at least equal the past year. Secretary of Commerce John T. Connor has predicted that "the biggest year for construction In the history of the country Is In prospect for 1966," He expects a six percent climb, In see any-thin- g except prosperity ahead? The. answer is not quits aflat "no." There Is some concern In business circles about In. flatlm, although the Federal boards recent action In raising the discount rate has allayed fears to some extent. ' What about escalation of the Vietnam war and soaring defense expenditures? This Is e one of the factors giving to the business boom be. cause It creates Jobs and What If peace should come suddenly In Asia? This prospect appears to be so re. mote that few consider it. All in all, 1966 looks as If It will be Indeed a Happy New lm-pet- pay-roll- Year. finished product a parts, some steel. Last fall, through of them year." ANOTHER PANELOF Ulead-er- s In Chicago concentrated on the short term, each with a special eye on his own Industry. Their Joint conclusion: "Hap-plnes- s Is the outlook for the first quarter." Of special Interest various would have upped even If left alone by Uncle Sam. As this year began, Bethlehem Steel company, a major producer but not the biggest, their prices Increase announced In the price of certain of Its products. The federal govern-men- t was ndt consulted In advance nor was there any reason why Washington should have been consulted. v v 'U 'V 4 Dan a Savings Account f ivwsbsSBQ ' ) 'k Ever Be Insured for Vf m More Than $10,000 at Ogden First Federal ? to communities are tied to whose economies farm prosperity was the fore-cas- t at the Chicago panel by William Wood Prince, chairman of Armour and company. He said 1966 should be "a rich year for agriculture." U.S. Department of Agrlcul. ture has termed 1955 "a good year for farmers and said "1966 generally" should turn out even better." A key barometer of agricultural prosperity Is "realized net Income refarm Income" maining after payment of production expenses. rela-tlvel- pressures, the Johnson administration prevented a price Increase In automobiles, although there Is no evidence that the !! s 13 y n ' v rL IN 1965, NET FARM Income a new reached $14 billion record since 1952. The 1866 forecast Is for a further rise of $14 to Vi billion. On a per capita Income basis, farm families have been gaining on city people although there Is still a gap. U. S, D. A. has also told LONG WIRE Sen. Wallace F. Bennett right, and farmers to expect a continued Sen Everett M. Dirkaen ( long tele.), read a In House White national the THE ONCE proAT rise gross received by Sen Bennett from Utahns thanking the gram to duct In 1866, along with advances embarked on a campaign for their fight in blocking repeal of of the fbrce cancelation of the In, in employment and In consumer pair act. Some 2,000 persons signed the wire supporting crease. Of course, there Is no incomes. Thus the market for retention of Utah's law giving the president the pow food and fiber will be better In er to tell any manufacturer the coming year. Don't use polishes or nbra Tulip and daflodll bulbs The average family spent six what to charge for his product. on metal surfaces such as sives be should the 1965 planted before But the president has certain percent more for food in lamp bases. The surfaces are Inherent powers and Lyndon than the previous year. Another ground is frozen. usually protected from tarnlah Johnson decided to exercise rise Is predicted in 1966, aling by a transparent coat of tham against Bethlehem. though not as much as six peranticipates that 1966 will at lacquer. The announced price increase cent. Food prices at retail are least equal the past year. was branded by administration also expected to continue to A rule to keep In mind when SECRETARY OF Commerce spokesmen as unjustified and all climb, but not as steeply as last a new lamp shade buying kinds of pressures were exert, year. John T, Connor has predicted the shade will be most pleasing ed to dissuade other steel com, that "the biggest year for In porportlon If the bottom diMORE PEOPLE THAN ever In the history of the panles from raising their prlc, of the ameter is es. Steps were taken to cancel before hold Jobs today, country Is In prospect for 1966." height of the lamp from base to Is the lowest It has He Bethlehem's government conexpects a six percent climb. top of the shade. For example, been In eight years. Practically tracts. Doesnt anybody see anything a lamp that Is 27 Inches nigh were anybody with any skill stall can Bethlehem officials except prosperity ahead? The summoned to Washington to ex- find work today. Government answer Is not quite a flat "no," should have a shade approxi18 Inches across at the planners consider three per- There Is some concern In busi- mately plain their action, and their base. cent the Irreducible minimum was rejected. al-about ness circles Inflation, and that goal Is now In sight. though the Federal Reserve with Cups that have coffee or tea automobile The AS IT HAPPENED, U.S. Steel, Industry, boards recent action In raising which one out of every six Amer-lean- s the discount rate has allayed stains can be rinsed in vinegar, the giant of the Industry, then rubbed with a cloth dipIs Involved directly or In- fears to some extent. the controversy by raisin sale. Finish by washing a ped had fantastic with year directly, ing Its price What about escalation of the In suds and rinsing. White House approval. The rest In 1865, with sales of 10.8 milwar and Vietnam soaring of the Industry fell In line, and lion vehicles. Including 8.3 milexpenditures? This Is one Pack a Jar of ice cubes Into a the Incident was closed. LBJ lion passenger cars. This mark of the factors giving Impetus to basket as a way of keepby exceeded any previous year won his merit badge as an boom because It picnic business the the food cool and tasty. ing and the steel more than 13 percent. creates Jobs and payrolls. What Despite this booming pace if peace should come suddenly When the cubes melt, you have Industry got better than half no a Jar of cool drinking water. Is auto there the in field, what it sought. In Asia? This prospect apThe steel Incident was not the sign of slackening demand even pears to be so remote that On any given day of the year, first Intervention by the White though there have been three few consider it. more than 300 billion gallons New row. a In record years House In the Industrial price All In all, 1966 looks as if of Mississippi River water flow field. Presidential actions ear- models for this year have been It will be Indeed a Happy New past New Orleans on the way lier had kept copper and alum- well received and the Industry Year. to the Gulf. not to inum prices down ), ll y right-to-wor- n two-thir- 1 d $2,75-per-to- m mention former President John F. Kennedys successful war In 1962 against a previous steel price hike, that time by U.S,' Steel. IS Place Your Retirement Funds at Ogden First Federal and Earn More More and more company retirement funds or other are being placed at type retirement or trust funds First Federal a under authority trustee through Ogden granted by fund agreement. What about your retirement fund? Wed like to help you earn more with insured safety with a Retirement Fund savings account at Ogden First Federal. SURE TO probe these matters to some degree but a heavily Democratic legislature can hardly be expected to Indict a Democratic president. Any Indictment will have to come from an alerted public, from voters who think that the man In the White House should not tell manufacturers what to charge for their pro-duc- t. citizen Is not about wheth-e- r concerned greatly one kind of steel costs $5.00 or $2,75 more. The effect on the public of any steel price Increase is minimal. Far more lmpoitant Is the principle Inthe question whether volved the president should use his vast powers to force an to cancel a price Increase considered necessary by Industry leaders. THE PRESIDENT is beine criticized because of his steel true price stand. It Is equally critl-clzethat he would have been by others If he had not acted. In the long run, the public decides such questions. If voters are content to have a big daddy In Washington making price decisions for business, the practice will continue. If not, the repercussions will be strong enough to be heard at the White House. Businessmen are protesting President Johnsons action on Industrial prices. Whether the general public Is similarly outraged remains to be seen. In all cases a savings account at Ogden First Federal Savings is insured to at least SI 0,000 by a permanent agency of the United States Government, the Federal Savings and Loan Insurance Corporation. However, in the case of a Retirement Fund savings account at Ogden First Federal, funds may be insured in an amount which may total SI 0,000 for each participant properly identified in the fund. For example, if there are six participants or beneficiaries in the fund, the savings account may be insured to S60,000 provided each participants share of the fund amounts to at least $10,000. The average Your Choice of at 7. Plan 8. Partnership Ownership Chcck-a-Mont- mously. In fact, the outlook for boom conditions Is so bright that are having difficulty In finding the usual dark signs to hedge their predictions, Just In cast the uptrend should be Interrupted. own Johnsons President will not be economic slze-ugiven until late January but It Is safe to say that he will paint a rosy picture of prosperity. He is a collector of favorable statistics and can spout figures upon any occasion. h 9. Organization Ownership 10. Corporation Ownership 1 1 . Government or Government Agency Ownership 12. Retirement Fund or Other Trust Ownership How to make more money by taking a small cut In your pay Save at a Federally Chartered Anociation with Enduring Strength d Business was good In 1965 and will be better In the new year, forecasters In govern, ment and Industry agree unani- 2 Ways to Save Ogden First Federal 1 Saving part of your income isnt really like taking a cut in pay, though it might seem like it at first. It seems a lot less like it when you save U. S. Savings Bonds on the Payroll Savings Plan. First, the sum youre saving doesnt pass through your hands as cash and tempt you. Secondly, you get the satisfaction of seeing your Bonds stack up to make your actual take home pay a lot bigger than you realize. Remember this, too: all the time your Bonds are working for you, theyre helping to make freedom more secure for people throughout the world. Now join the millions of Americans who have been taking a pay cut for years. And are that much the richer for it. Quick facts about Series E Savings Bonds V ' V You get back $4 for every $3 at maturity You can get your money when you need it Your Bonds are replaced free if lost, destroyed or stolen You can buy Bonds where you bank, or on the Payroll Sawngs Plan where you work long Saving Record. For over four decades, many thousands have saved many millions at what is now known as Ogden First Federal Savings, the City areas oldest savings association, Reserve. High Ogden First Federal reserves arc far higher than legal requirements. Insured Protaction. Your account is insured to Si 0,000 by a permanent agency of the U.S. Government. No Wait for Higher Rata. You are not required to leave your savings at Ogden First Federal for a year to earn 4lj?f. a Sava by Mail. Ogden First Federal is as near as your corner mailbox. We provide free envelopes and pay postage both wavs a Convenient Hour: 9 to 4 Mondays thru Thursdays Open Fridays until 6. Free Parking in Ogden at 5 Merchants Park and Shop lots. Ogdcn-Brigha- OGDEN Buy I Bonds for growth H Bonds for current income p Nothing Is so basic to business under the free enterprise system as the right of corporate managers to set the prices .they will charge for their pro-duct- s. Only In the direct national emergency has this right been i! mobile is of many CONGRESS MORE PEOPLE THAN ever before hold Jobs today. Unemployment Is the lowest It has been In eight years. Practically anybody with any skill at all can find work today, Government planners consider three percent the irreducible minimum and that goal Is now In sight, The automobile Industry, with which one out of every six Americans Is Involved directly or Indirectly, had a fantastic year DOESN'T ANYBODY ONE PIECE OF STEEL is the same as another made by a dlrrerent company, whereas automobiles are different and distinguishable. Also, steel Is sold to other manufacturers and not the general public. Steel Is a basic material. An auto- g JOURNAL, Brigham City, Utah Thursday, January 13, 1966 THE BOX ELDER 14-- B OF SPECIAL INTEREST to non. metropolitan communities whose economies are tied to farm prosperity was the fore-cas- t at the Chicago panel by William Wood Prince, chairman of Armour and company, He said 1866 should be "a rich i. n a$5-per-to- n ban-ne- year," ON A PER CAPITA seriously questioned, until rePrice control Is ancently. athema to most Americans, except In the midst of an At least theoretically, competition Is supposed to gov-erprices. Steel Is a highly competitive Industry. There are more than twice as many Important steel producers as there are major manufacturers of automobiles. But there are Important differences between the steel and automobile Industries, optimistic. It Is natural for holders to see the sunny side for political reasons, and to say as little as possible any clouds that may be gathering. But business spokesmen are Just as optimistic about 1966 as the seers In Washington. Fifteen top executives repre-sentlna cross section of commerce participated recently In a New York symposium on the outlook, and their unanimous conclusion was "another banner FORECASTS sources FROM govern-men- t tend to be over Buy U.S. Savings Bonds STAR-SPANGLE- D SAVINGS PLAN FOR ALL AMERICANS Jf t$ presented at a public TJU U.S. Government does not pat for tAi atfvtrffctmtnt, service in cooperation uxth ths Treasury Department andThe Advertising Councti. and Loan Association HOME OFFICE. OGDEM - 369 Where Thousands Have Saved Millions J4ih STREET BRIGHAM CITY - MAIN AT FOREST |