Decatur Daily Democrat, Volume 59, Number 298, Decatur, Adams County, 20 December 1961 — Page 4

PAGE FOUR

Economists Study Business Advances

WASHINGTON (UPD—Is it a boom? That was what economists wondered today about the strong business advances scored in October and November. Government experts hesitated to say flatly that a boom has developed. They conceded the lusty performance of the economy of the past two months may have been the beginning of one. “It is still too early to tell,” one official said. ” The view among President Kennedy's own advisers was that business has rebounded handsomely from its late summer lull and possibly is exceeding even their optimistic forecasts.

ma 1 I•7m •1 i SMOKED madhoem — SHBEBI fIBBBBBBH BBBHbhe PORTION .•iEkj-' MBHH». M>c WHOLE HAMS ip 4 A BONELESS HAMS CENTER SLICED XS/^/jh^'^^^Bßßfi^Bk.-^WBWSB^^y\ fVy-. HAM STEAKS V DULANY _ GREEN GIANT FAMILY SALE =: SWEET POTATOES 2 - GREEN GIANT PEAS 2««43/ STOKELY'S FINEST PEAS WITH ONIONS GREEN GIANT 303 CAN 29/ I HNhNH MM ■SBJrBAR 303 C RWEETS GOLDEN CORNwholegrain2hoz,cans 39/ '"l GOLDE.M YELLOW C^ s ASPARAGUS GREEN GIANT 300 CAN 49/ | 3ancu. <gy/7<™ Crop %/?\ GOLDEN CORN 2 ««29< PIE CRUST MIX "«« 2’«»29/ BISCUITS «™SSo»»u»» 3 oho 29/ <™» u .A HEINZ KETCHUP 2-49/ CHERRIES °” w 2-49/ BROWN & SERVE ROLLS ™ 27/ < ENGLISH WALNUTS 49/ \ ■'-" ' M MIXED NUTS BAG 55x I f iWziLNUTS “55</z T'TT ■ Maud ADAM W \>Z ’ V I f I SAUCE I -!■- »»««o ™«™ s 5&2.394 k / wT " >/ X. CELEDV —2-M BK^B FRESH ■■ ■■■■■■* MF California mBI V WITH THIS COUPON ANO TH« PURCHASt 09 ® 2US NUTS >N SHELL | »»»»'<>> laWUTUKt MT. UtX~.X3. f ••;• ■, — .. . •< >

Some Sore Spots The White House aides pointed out, however, that the economy is operating about S3O billion below capacity and that unemployment is still fairly high—6.l per cent of the labor force in November. Commerce Secretary Luther H. Hodges said personal income climbed by $3.8 billion in November. a big rise for one month. It reached a record annual rate of $429 billion with the aid of an even bigger advance of $4.1 billion in October. Hodges said corporate profits reached an annual rate of $47 billion before taxes in July, August and September, and estimated

they are now approaching a SSO billion rate. He predicted that early in 1962 they will top the record $51.5 billion reached in the spring of 1959. ( Corporate profits have climbed from a low of $39.6 billion in the first three months of this year. Spend More Freely Hodges said consumers have grown less worried about the international situation with the easing of the Berlin crisis and are spending more freely. But he pointed out that with unemployment in November still more than 6 per cent of the labor force, "we haven’t licked all of our problems by any means.” But compared with a year ago, sales were up nearly 15 per cent and orders 20 per cent, he said. Factory sales of hard goods increased 3 per cent in November to a record annual rate, seasonally adjusted, of $15.8 billion, and new orders went up 1 per cent to a new high of $16.2 billion.

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Court Os Honor Is _ Held For Troop 64 A court ol honor was held Sunday in the St. Mary’s Catholic church for Boy Scouts of troop 64 of the St. Mary’s parish, who have made advancements in scouting. Those receiving awards and merit badges Included: David Teeple, star and seven merit badges; Steven Teeple, star and five merit badges; Dan Braun, Ist class; William Tricker, Ist class; Thomas Miller, 2nd class; Jerry Jackson, 2nd class; Ralph Geels, 2nd class; Joseph Gase, 2nd class; Leo Schurger, 2nd class; Robert Miller, two merit badges; John Gerber, two merit badges; Richard Miller, 1 merit badge, and Donald Krlegle, tenderfoot. The awards were presented to the scouts by the Rt. Rev. Msgr. Simeon Schmitt.

L Chicago Produce CHICAGO (UPD —Produce: Live poultry ducklings 27; roasters 22-2314; special fed White Rock fryers 20; Plymouth Rock fryers 19-19%. Cheese single daisies 40-42; longhorns 40%-42%; processed loaf 38%-40%; Swiss Grade A 51-52; B 49-50. Butter steady; 93 score 60; 92 score 60; 90 score 59%; 89 score 57%. Eggs weak; white large extras 33%; mixed large extras 33; mediums 30; standards 29. Cub Scout Pack 3062 Party On Thursday Cub Scout pack 3062 will hold its Christmas party Thursday at 6:45 p.m. at the Southeast elementary school. Arrangements for the party have been completed and all Cub Scouts, parents and committee members are urged to attend.

Indianapolis Livestock INDIANAPOLIS, (UPD — Livestock: Hogs 4,600; unevenly strong to 50 higher; uniform 190-230 lb 18.0018.50; bulk 180-240 lb 17.50-18.15; 240-280 lb 17.00-17.50; 280-330 lb 16.25-16.75; sows strong to 50 higher; 300-400 lb sows 14.25-16.00; 400-600 lb 13.25-14.50. Cattle 950; calves 75; steady to strong; choice steers 26.25; good and mixed good and choice 23.0025.00; choice and prime heifers 25.75; good and choice 22.00-24.50; cows steady; utility and commercial 14.00-16.00; canners and cutters 12.00-14.50; bulls steady; utility and commercial bulls 19.0020.00; vealers steady; good and choice 28.00-34.50. Sheep 350; about steady; choice and mixed choice and prime wooled lambs 17.00; good and choice 14.00-16.50.

Chicago Livestock CHICAGO (UPD-Livestock: Hogs 7,000; moderately active; barrows and gilts under 230 lb opened 25-50 higher, closing strong to 25 higher; weights 230 lb up strong to 25 higher; good shipping demand; 83 head U.S. No 1-2 217 lb butchers 18.50; most U.S. No 1-2 190-225 lb 18.00-18.25; mixed No 1-3 190-250 lb 17.00-18.00, mostly 17.00-17.50 late; No 2-3 240-290 lb 16.50-17.25. Cattle 11,000, calves 50; slaugh ter steers average choice and better fairly active, steady to 25 higher; lower grades rather slow, steady; heifers average choice and better fairly active, steady to strong, lower grades slow and steady; bulk steady to 50 higher;

vealers and stockers and feeders steady; two loads prime 1225 lb steers 28.00; several loads mostly prime 120-1400 lb 27.75; bulk

WEDNESDAY, DECEMBER 20. 1961

choice and mixed choice and prime 950-1450 lb 25.00-27.50; numerous loads high choice and mixed choice and prime 26.5027.25; loadlots mixed good and choice 24.75-25.25; bulk good 23.0025.00; several loads choice and mixed choice and prime heifers 25.75-26.00; bulk choice 24.25-25.50; good largely 23.00-24.25; vealers 25.00 down; package good 650 lb stock steers 24.50; load mixed good and choice 800 lb feeder steers 24.00; load good 880 lb 23.65. Sheep 1,500; moderately active; slaughter lambs steady to weak; part deck choice and prime 105 lb fed western wooled lambs 17.50; deck around 100 lb 17.25; choice and prime native wooled slaughter lambs 17.00; good and choice 15.00 -16.50; cull to good **lo.oo-14.50; several loads choice and prime 97-105 lb shorn fed lambs No 1 pelts 16.50-16.75.