Kankakee Valley Post, Volume 17, Number 46, DeMotte, Jasper County, 10 October 1947 — Page 3 Advertisements Column 2 [ADVERTISEMENT]

DEMOTTE STATE BANK Member Federal Reserve System DEMOTTE STATE RANK YOUR DEPOSITS ARE INSURED UP TO $5,000 WITH THE FEDERAL DEPOSIT INSURANCE CORPORATION WE CAN HELP YOUR PIGS make hogs OF THEMSELVES! SEE US FOR YOUR HOC FATTENING NEEDS BAUMAN FEED MILL DE MOTTE, INDIANA

TOP O' THE NEWS Agricultural News-Letter Prepared by Agricultural Dept., Chicago Journal of Commerce Price Control Myth CURRENT agitation for return of controls on prices of food. or Middle West agricultural products, finds little justification in the records of income-price relationships of previous periods. ... A recent study by the Department of Agriculture of the relationship of expenditures for meat to consumer incomes sheds considerable light on this subject; disclosing that the value of meat consumed in this country depends almost wholly on the amount of money people have to spend. It was noted that during the period 1920 to date the value of meat consumed has been closely related to consumer incomes except during and immediately following the war when prices Were held down by government controls and the quantity available for civilian consumption was limited by rationing and large exports. . . . Even though meat supplies per person this-year have been large, meat prices have been pushed to new peaks by the strong demand resulting chiefly, the department said, from record high consumer incomes. Consumers want to buy more meat and will spend more for meat as their incomes increase, it was declared. Actually, domestic consumers will spend the largest amount of money on record for meat this year. ... Individual and family incomes are by far the largest in history and expenditures for meat this year are even greater than usual relative to consumer income. . . . This is not surprising, however, when considered in the light of the fact that meat consumption per person has been at a near-record rate and is expected to continue through the, balance of the year. Many authorities view a return to price controls on agricultural products as undesirable a move which they believe would disrupt our economy by bringing about artificial shortages of many food items now in fairly liberal supply. THIS COLUMN IS SPONSORED BY KONOVSKY LUMBER YARD

♦ ■ • ' ! ' • ; . ' ' 4 , | I ’ A Great Special Purchase and Sale ' Values Up To $69 95 trr — | .YOUR CHOICE ! Brand Naw Styles -- Full Spring Filled Construction 'V"l3k j,||aisS Wide Choice of Covers Every One a Wonderful Buy SSSTT : , ' HURRY FOR BEST SELECTION It’s only because of a very fortunate pur- tion throughout, upholstered in a wide as- wmtkM A$J ;| f.v ' chase from one of America’s leading man- sortment of attractive covers in today’s ¥ i 41 ufacturers that these remarkable values mosl desirable colors. You'd ordinarily r _4||l are possible. Every studio couch in this pay up to .$69.95 and even more for studio 4^ t. great special selling event is brand new couches of equal beauty and quality; so t * (C ''l I Sill .... smartly styled .... and hurry to Wright’s for first choice of these 4 t | quality built Each one is deluxe in size, wonderfully money saving values : Ifjr*» WBmsSak deep, resilient spring-filled construe- ftp J /If * ... * * *. *„ ~ i.. ...• Free Home Delivery j-, Each one opens into a large, roomy bed and has a spacious built-in compartment for storing pillows, blankets, and other bedding needs!