Kankakee Valley Post, Volume 17, Number 48, DeMotte, Jasper County, 24 October 1947 — Page 3

FRIDAY, OCTOBER 24, 1947

Behind The Scenes In American Business

by Reynolds Knight

New York, Oct. 20 Putting one little word after another: whatever became of the recession? Early this year it was the fashion among economists to pre- j diet a severe setback to business. The deepest part of the depres- 1 sion, it was agreed, would come in October, or just about now. But; never has the U. S. been bursting with such prosperity. So the University of lowa’s College of Commerce takes a learned, professorial look at the situation. The recession, it says, has come and gone. There were a few declines in prices and the usual expected slackening of industrial production. But the boom, says the Hawkeye economists, has found its second wind.,Of course, some time a recession will occur, the university pundits believe. The danger point ? when high prices expand bank credit to its legal limits—then, you can look for the turning point. This point of view’ has at least one thing to recommend it. It is in accord with experience. Histo; y proves that the bubble bursts only after everyone has decided that the beautiful bubble is. a permanent fixture.

Meanwhile A good thumbnail sketch of what modern technology is doing to step up the speeds and accuracy of industrial machines, comes from William L. Batt, president of SKF Industries, Inc., who sees more efficient pi'oduction methods answering many of the world’s most pressing economic problems. “Vast new r horizons of speeds and accuracy, which industrial research has made possible by development of more - versatile metals, more efficient- lubricants and batter types of anti-friction bearings,! not only mean record speeds for machinery but also more goods; for more people at lower costs,’’ Batt says. Pointing out that modern technology has lifted the curtain on a world in which machines can run at speeds without wearing out, the SKF president states I that new developments mean that many standard machine tools can ; now' operate accurately at speeds j ranging from 50,000 to 75,000 revolutions per minute in everyday' shop practice. He compares this \Vith average speeds of only 20,- j 000 to 30,0000 from some 15 to 20 years ago. Things T > ('<'me Not satisfied with electric blankets, they're now going to warm us. with elec-trically-heated sheets .... You can now clean both sides of Venetian blind _slays with a new blind cleaning doorhickey. It works by use of two rubber sponges anchored to a spring tension handle. . . New devices continue to help the hard-of-hearing: there’s a new instrument to test hearing-aid bat-

teries. It’s makers an' stressing its value as a gift . . . Still another hearing device of a new type uses the war-developed proximity fuse. The new product is about cigaret package size . . . Are your clothes badly wrinkled? Monsanto Chemical has just announced a metei to measure the amount of wrinkle resistance of any price of cloth. At the press conference announcing the device, no one suggested it was just a new wrinkle. Fuel Shortage? With the construction program finally geared to man-size proportions, the demand for’ automatic heating control equipment is mounting to new peaks. Householders are heeding warnings that fuel may be hard to get in some sections of the country because of the shortage of transportation facilities. These mechanical watch-1 dogs- can save from 10 to* 30 per cent an fuel consumption; depending on the construction of a house. ATT housing surveys have shown that prospective home owners prefer central heating with automatic controls, according to

a study by the Binneapolis-Honey-well Regulator Company. Most of those who responded to questionnaires indicated a preference for equipment which provides complete freedom from manual operation and comfort-giving features such as afforded by Moduflow, the new’ developed system which regulates the flow’ of heat from the heating plant so it always is exactly equal to the loss throughout the house. This tends to prevent air from forming in warm and cool layers in rooms, eliminating cold floors and hot ceilings. Bits O’Business Despite the introduction of many new types of fabrics, cotton seems able to hold its own. The export business in cotton (meaning purchases by non-cotton producing countries from those who grow’ it) was slightly higher in the last twelve months than in the year preceding. Our own exports were off slightly, but both Egypt and Bra-

Prepared by Agricultural Dept., Chicago Journal of Commerce Farm Prospects Good MAINTAINING current volume pf income will be the goal of most farmers in 1948, according to reports. This may not be too difficult, if weather conditions should be about normal, as indications are that demand for agricultural products will continue strong. National income from farm marketings in 1947 is now estimated by the government to reach nearly $30,000,000,000 or approximately 21 per cent above 1946. It will be the largest gain in a single jear since 1943. ... In the Middle West the rate of gain is much greater than the national rate. According to the latest available figures, cash receipts fiom marketings in the January through August period in this area was running 36 per cent above the same 1946 period. . . . Wheat, corn, hogs and cattle made the most significant gains with wheat showing the largest percentage increase. Total receipts from wheat this year may exceed those of last year by 75 per cent. Cash receipts fiom hogs and catile*may be greater than 1946 by 40 and 35 per cent, respectively, it is estimated. No important decline in receipts from livestock is anticipated in 1948, the Department of Agriculture states, while income from wheat may be reduced due to smaller yields. . . . Cash from dairy and poultry products should show little change from current levels. Production costs on the other hand are running about 16 per cent above last year. . . . The greatest increase is in the cost of operating autos, trucks and tractors. . . . This item is estimated to be above 1946 by more than 33% per cent. The cost of livestock for feeding is up about 25 per cent and the average cost of miscellaneous operating expenses also has increased almost 25 per cent. Maximum production with increased efficiency should continue to produce large profits. THIS COLUMN IS SPONSORED BY KONOVSKY LUMBER YARD

OPERATE AT A FINGER'S At the touch of a lever, oil pressure in the hydraulic sys- \Vi?ro£uu?iSi^/

either bottom of the two-way plow pictured above. All furrows are turned in the same direction uphill forming miniature terraces" to catch and hold moisture, reduce leaching and erosion. Dead furrows and back furrows

(»— —— " " "N. H#ar ,h# NATIONAL farm AND HOMS fiILIS'CHfILMERS) Sft SALES AND SERVICE J J, C. Bierma Implement Co. WHEATFIELD, INDIANA

KANKAKEE VALLEY POST

zil reported substantial increases in amounts sold to other than domestic markets .... The British sense of humor is still keen, even in austerity. England is laughing at a cartoon that would find approval with many an American housewife. It shows an English housewife hailing her recumbent spouse. Says she: “Mrs. Seven Day Week is calling Mr. Day Week. Dinner is ready!” Officials in the labor government, however, fail to see anything funny in such observations. They are sure the way to prosperity lies in working fewer hours, but as yet have not carried the idea to its logical conclusion: if five days’ work produce more than seven days, then two days should product more than five. Mr. and Mrs. James Griffin of Goodland spent the week-end at the homo of her parents, Mr. and Mrs. Charles Porter, who were former residents of Rensselaer.

are eliminated.. . . This is an example of how AllisChalmers tractor-mounted mold-board or disc plows and new field cultivators—all with hydraulic control can give a life-saving lift to your land this fall.

CHICAGOIAN HELPS OUT COUNTY EXCHEQUER

Frank Sutton of Chicago was arrested at DeMotte early Sunday morning on a charge of public intoxication and was hauled to Jasper county jail. Later that day Sutton was taken into J. P. court

P£R(E mim PAULi WPfltt&VfCE

/% no-I II ,<-r —V ANO YOU CAM PLAY THIS * ( ■\ ON XOOR BANJO . - I' riANT TO i| PLEASIN6 COVKWfOP I spend a outer I - \iEVENiNa. y PAUL'S SHIU.

PRIES SHELL SUPERSEBVICE GOODRICH TIRES dfu( BATTERIES \ SHELL LUBRICATION i. i ‘ SHELL i 'rhsntssM • pimotte.inp. f

Removes the “goo” 1 Improves the go! j \ 0 * Your car does better when It* fl > \ engine is clean. That’s where \ Permalube Motor Oil ccmes A i in, for Permalube does more than lubricate. It removes "7 old engine deposits and I j prevents new ones. It c leans I your engine and keeps it clean. II That’s premium-plus | lubricationl jfflfii Get Permalube at CLARENCE ZYLSTRA J Standard Service J — -- - *■ '* oet bricks without zyou cent * et f «•* ‘"l’u o fPffr mi UujP Milk PRODUCTION is made possible only b> the feed and water which the cows ' consume. 1 -•■I WK It pays to feed a high quality dairy feed, one containing,"' in addition to proteins and carbohydrates, an.adequate supply of all essential vitamins and minerals above 1 borderline requirements. The feed should contatfl, in ‘'addition to the common vitamins and minerals, those ( ( 'fcther enrichments, vitallv important, bur-omitted by\ 4bn>e manufacturers to keep costs down. ' All essential vitamins and minerals are contained in, KAPERS CERTIFIED MARKITOP I DAIRY FEED , | Manufactured and Sold by r '| DEMOTTE FEED SALES & SERVICE;

in DeMotte. He ent* i d a plea of guilty. His bill am-' nted to S2T which he paid,

Miles of Transpartation

The United State - * *erved by more than 110,000 n un of community street car, b : and trolley coach routes.

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