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Show Volume 66, Number 52 Brigham City, Utah 84302, Thursday Morning, 20 December 27, 1973 PAGES 'Letdown seems inevitable' !albsira forecast sees II 974 as time of trial (Following 1 Baboons Business and Financial Forecast for 1974, a look Into the coming year and what It promises to bring in this Important area. This is an annual feature of the Box Elder Journal.) Shortly after publication of our 1973 forecast, a vital change in the ground rules occurred when the Administration suddenly put into effect Phase 3 of its economic game plan. With fear of inadequacies of food and feed supplies already driving prices upward, this unexpectedly early shift in policy sent many other prices soaring. In our forecast of a year ago, we warned against succumbing to the outright optimism on 1973 then prevailing, citing inflation as a possible pocket of serious trouble. Despite some problems no one could predict, factory output, retail trade, profits, employment, personal income, and business capital expenditures achieved the lofty results we projected. Change in Life Style Ahead The staff of Babsons Reports now detects signs of a period of change in the life style of the nations populace. For an indefinite time, rising costs along with inadequate supplies of fuel and energy could force alterations in demand and living habits, just as high prices and short supplies of food have forced changes in our diet. Industrial and commercial establishments and even the nations international posture could be affected. Use of leisure time and consumer shopping habits may be influenced. Box Elder county residents have been named to the First District jury list (Box Elder county) for the January (First) term of court, it was announced this past week. Following are those selected: J. D. Connor, 390 North Fifth West; George John Mavridis, 803 East Fourth North; Narciso Valasquez, 631 South First West; David L. Jones, 317 Greenwood; Lillian Sever, 535 South Main; Chester N. Johnson, 243 South First East. Walter L. Corwin, 662 Shamrock; Carolyn F. Thornley, 601 Cherry drive; Conrad E. Quale, 655 Meadowland; Vern Hunter, 182 Orchard; Jennie H. Reeves, 327 South Second East; Merleen Herbert, 405 Highland drive. three-year-ol- encountered Even protection of the environment become less imperative. On the positive side, however, the might of the country's research and technology will be brought to bear most forcefully upon the fuel and energy problems. To production capacity limitations in one industry after another of a nature not easily remedied. Then came the fuel shortage to cinch matters. So, with interest rates at stratospheric levels and credit supplies still stringent, some letdown seems inevitable for 1974. At this juncture, its magnitude is iffy, depending in large measure upon how long and how onerous the curtailment of Mideast oil supplies turns out to be. Even if the spigots were soon turned on again, we would not be likely to escape without some industrial and commercial disruptions, while consumers might tug their purse strings tighter because of impaired employment and income prospects. Thus, an economic setback of wider scope than a "growth recession seems imminent. could Court names BE residents to January term jury list Thirty-fiv- e Even before the energy shortage had reached actue proportions, there were increasing signals that the cyclical rise in economic activity was aging. d had already In 1973 this Except for limitations of productive capacity and trasportation, 1973 could have seen larger gains. Almost as critical to businessmen, consumers, and investors is inflation. The year 1973 was a traumatic period on this score, inflation virulent and visible along a broad front. In the opinion of the Babson's Reports staff, the only uncertainty is the degree of inflation that will be seen in 1974. It is too much to hope it will be mild in view of the ongoing escalation of fuel costs along with the inevitable hikes in other fields. Also, the second r danger-fraug- ht of the three-yea- r cycle that recurs in major labor contract expirations, with the steel industry virtually alone in the spotlight. There will be numerous secondary unions at the bargaining table, but none with the clout of the United Steelworkers. The severe upthrust in consumer prices will make the steel group bargain more aggressively, but the expected sag in (Continued on Page Three) earlier The Dec. SO Issue of the Box Elder News will be published earlier than usual due to the holidays. This means that advertising and editorial deadlines will be moved up. Ads must be received no later than 5 p.m. today (Thursday) and editorial matter must be in the News office by 10 a.m. on ' Friday. The Box Elder News and Journal office will be closed Saturday but open Monday as usual. The Ladies Community club has set out a project that promises to lend both beauty and convenience to downtown Brigham City. The organization intends to build boxes around combination planter-sea- t those now familiar trees on Main street. Furthermore, other groups are being encouraged to get involved. Actual construction wont begin until spring because there is cement work inPresident Norma Price exvolved, plained. The city now has a design in hand for the unit. It was prepared by a Box Elder High school junior, Mark Riemer, who competed with about a dozen other students to come up with the best drawing. k contest was conducted at The the school for the Ladies Community club by David Bott in the drafting department. For his winning design, Riemer received a $25 savings bond and the clubs thanks. on two-wee- Few wrinkles... sense of humor Lion Bloom has relatively few wrinkles and a continuing sense of humor. This can be said of few persons who are 105 years old. Well known locally as a man who built up a thriving salvage yard business, Mr. Bloom marked his 105th birthday this week. He had a cake (but not 105 candles). The centenarian now hangs his hat at Pioneer Memorial Nursing home in Brigham City. He likes it there. Nobody could keep me here if I like it, he said convincingly. didnt Made Presentation Mayor Wayne Jensen made the presentation last Thursday. Mrs. Price said the city council is now invited to alter or modify the design if it chooses. She explained that it was originally intended to place one of the units around every other tree. However, the winning design is quite long and so they might not be so closely spaced. People will be able to sit on them from either side. We hope theyll be a handy and the accepted item by the community, president stated. "I cant believe he has so few wrinkles. just cant believe it, said a member I of the home staff. "I am a wrinkle, replied the elder Mr. Bloom with a twinkle in his eye. man three decades his junior who shares a room with the erstwhile A businessman recalled that Margo Eberhard, home administrator, had asked him what color his new drapes should be. Ask Mr. Bloom. Hell be here long told her. Im gone, he after Dally Walk Until only recently, he used to take a daily walk to the salvage yard near downtown Brigham City although he gave up an active role in the business in 1957, turning it over to a son, Harry, who visits his father daily. past. multi-yea- print Not bad for 105 marking his 105th birth- of No one can blame the unions solely for the actue inflationary pressures of 1973. To thier credit, labor leaders were moderate in new contract demands, and the calendar passed with no sequence of harmful strikes. Looking ahead, 1974 will be the lightest Ncivs Carol Ann Lemon, 509 North Sixth East; Karen I. Black, 716 East Fifth North; June Y. Peterson, 407 South Sixth West; Ruth C. Bott, 228 North Third East; Ida Blower, 1009 Oak drive, and Lavenna M. Packer, 315 North First West, all of Brigham City. Boyd W. Munns, Inez S. Brown and Hyrum M. Marble, Garland; Virgil M. Coombs, Fielding; Bruce F. Jepperson, Mantua; Joyce Wells, Neil Harper, Doris F. Gerhart, Albert Fillmore, and Rulon L. Smoot, Corinne. Joseph A. George, Waylene Firth, 249 North First West, and Doris C. Abott, Tremonton; Royal Wheatley, Honey ville; Terry Olsen, Harper; Joseph Rhodes, RFD Garland; Boyd R. Anderson, Bear River City. Lion Bloom poses with cake HAS BIRTHDAY He recalling memories of the singing, day. enjoys phase labor pacts signed in 1973 will automatically boost wages nearly as much as in the past year, as could any new pacts negotiated over the next 12 months. Many will be augmented by raises guaranteed under living-cos- t escalation clauses. As of now, we forecast an inflation rise of approximately 6 percent in 1974. Here are some of the reasons for this seemingly moderate projections: Interest rates may already have crested over for this cycle; monetary authorities are not likely to completely abandon their antiinflation credit stance unless inflation is superseded by threat of a deeper recession than is now anticipated; beleaguered consumers will display sharper price resistance; and the cooling of domestic and foreign industrial activity should ease the feverish scramble for raw materials and commodities. He was born in Omsk, Russia, in 1868 and was 37 years old when he emigrated to the United States. He lived in New York City for a while but didnt like it and came west, spendin) 14 months in Ogden before moving to Brigham City, With a bank loan he began a livery stable and thus began his story of business success. Mr. Bloom likes to recall incidents from earlier days, loves to sing and noted proudly during an interview this week that hes never paid a traffic fine. His eyes have dimmed with advancing age. He resents the infirmities of growing old that limit his activities. But he still manages - with the aid of a cane - to get around. And his life continues to be enriched with good memories and that sense of humor which seems to refute the passage of time. Happy birthday, Mr. Bloom! Harper Ward youth hurt, said critical She said the cost for materials only will be $50 to $60 for each unit. We want to involve people in the community for labor and were asking other organizations to help to build and maintain them. Establishments in front of located will be aptheyll proached and asked to water and weed the flower boxes, Mrs. Price said. This is the latest in a continuing series of community projects carried out by the ladies club. Theyve financed im- which be provements at the city library and also provided playground equipment (it local parks. They raise the necessary funds through an annual fashion show and sale of birthday calendars. Members of the organizations community improvements committee include past presidents Sharon Carver and Beth Anderson, Mrs. vice president, director-membe- Price and Elva Caldwell, with Sharen Ward as r. Netherlands visitor says Livings easier in United States The policemen have nice short hair. This was one of the comments of Willy DeWit from Rotterdam, Holland who is staying with Mrs. Leland Weeks, 106 North Fourth East, for the holidays. She is a cousin of Mrs. Weeks. The Hollander has been here since Dec. 2 and plans to stay until Jan. 6. She was quite surprised about the policemens hair because law enforcement officers and the military in Holland have long hair. She likes America because its easy to live here. People have a lot of things in America which are had to come by in Holland, Mrs. DeWit explained. However the visitor is not crazy about the food in America, sweet, she says. everything tastes Would Stay If it was 20 years ago she would stay in America, she commented. Mrs. Weeks said they had just completed a tour of the Intermountain area, traveling to Cherry Creek, Colo., near Durango and also visiting the Four Corners area. At Cherry Creek, Mrs. DeWit couldnt believe how some of the homesteaders are living in shacks and cabins. She was also surprised by personnel in local stores, how they were so friendly and carried her bags out to the car. In Holland they commented. dont do that, she A Harper Ward youth was seriously injured Wednesday afternoon when the horse he was riding collided with a pickup truck on SR 69, about four miles north of Brigham City. Kip Baty, 11, son of Mr. and Mrs. Max Baty, Harper Ward, was hurt and taken to Cooley Memorial hospital by a Brigham City ambulance. Young Baty was transferred to the McKay hospital in Ogden shortly after 5 p.m., where a spokesman in the emergency room said he was in critical condition. The youth was put in the intensive care unit and was being treated for multiple injuries, a hospital authority said at 6 p.m. Utah Highway Patrol Trooper Tom Burridge and witnesses at the scene said the youth was riding the horse, and pulling his brother Kirk on a pair of skiis in a field on the west side of the highway. Horse Spooked The horse spooked, ran out of the field and collided with the southbound truck, driven by James Ronald Hansen, 56, Honeyville. The horse was killed. The accident was reported at 3:59 p.m. HOLLAND VISITOR Visiting with Mrs. Leland Weeks, right, for the holidays is Mrs. Willy DeWit of Rotterdam. The two here look oyer a pair of wooden shoes from Holland. |