Newspapers / The Franklin Times (Louisburg, … / May 28, 1943, edition 1 / Page 3
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UNITED STATES INDUSTRIES GROWINGFAST Babson Sees Great New Developments *? By ROGER W. BABSON Babson Park. Slass., May 28.? My readers Bhould remember, par inunuiy w in* a making invest ments, that some industries are always declining whereas other industries a r e showing healthy growth trends. During the War we have been in a kind of new industrial revo lution. Our en gineers and scientists have developed cer BABSON tain existing principles and made important new discoveries. After the War we all can benefit in oui every-day lives from the. progress being made in science and indus try. NORMAL GROWTH VS STABILITY' Investors and industrialists who wish to play more-or-less safe have a rather wide choice for their investment capital be tween the newer stocks and the old-timers. Among the industries which are now in a normal growth period are office equip ment. electrical equipment, radio, rubber, electrical utilities, jietro leum, building supplies and Auto mobiles. Most of these indus tries are now concentrating upon war work, but after the War they will resume their customary op erations. They may be expected, over a period of years, to grow slowly in their useful services and supplies. Industries which have more or-less already "arrived" are characterized by their stability of operation. Among them may be railroading, mining, farm imple ments, telephone and telegraph, leather, lumber, ice, soap, cosmet ics. containers, food, paper, steel and iron, the textiles and anthra cite coal. Merchandizing, bank ing and the printing and publish ing industry may also be consid ered in the stable group. All these groups will be part of the American business scene for many years to come. But sooner or la ter they may proceed to the point where radical new develop ments will force them to change their methods or products or else they will enter a period of de clining usefulness. MID-TREND INDUSTRIES There is also a midway group which will perhaps reflect, ovei the long pull, new growth and expansion. These include light ing and heating fixtures. bitumi nous coal, (arming, suburban transportation, food preservation, photography, pulp products and home appliances. We all know that the lighting of factories and office buildings has improved im measurably in the last few years Further strides will be made ir this field until perhaps the ordi nary electric light fixture, as we know it, will be a veritable anti que. * I^jtuminous coal is already giv ing us many new types of pro ducts of a plastic nature. It is still, when easily accessible, a most efficient source of electric power. Farming through chem urgy has an incredible future both from an industrial and food point of view. If space permit ted I could go on and outline fur ther new developments that will be made in the glass Industry and in other lines. RAPID-GROWTH INDUSTRIES Industries in another clasifica tion are literally In the cradle. They may become to our grand children what the telephone, the automobile and the airplane have been to us. They include tele vision, wired photography, elec tronics, pre-fabrlcated houses synthetic fibres, safe aviation, chemicals and plastics, insulation and air conditioning, alloys and light metals and the wonders oi fermentation. It is in these fields that our engineers and scientiste are doing their most constructive work. Investment and manufac turing capital may well considei the opportunities these fields of fer for postwar growth. The War has made many Uni ted States industries self-suffic ient and others obsolescent. This may re-act both to our advantage and to our disadvantage. Other nations are looking forward to selling us, after the War, certain of their war products in compe tition with ours. If we do not purchase them, the working class, manufacturers and exporters ol certain foreign nations may suf fer greatly unless the needs for re-construction take up the slack. Certainly, religion and science, in our postwar world, hold the Joint key to solving the dilemma. INDUSTRIES TO AVOID All Industries go through a life cycle and many eventually be come extinct. The manufacture of the Conestoga Wagons which car ried so many of oar settlers West was a great industry in Its day. The Barge Canals also did a great business. Even the corset I Children of Europe I IIMlliW U. S. Treasury Dept. The new Treasury poster just released for June. The photo graph by Harriett Nadeau, from which this poster is made, was the prize winner in an Artists for 1 Victory contest held in New York . City. The original photograph has been on display in the Mellon i Art Gallery, Washington, D. C. U. S. Treasury Department industry has moved from whale- , bone to two-way stretch! The : only thing that Is certain in our|' ! lives is change. We must be ' equal to adapting ourselves to J changing modes of living and to'? ever-changing investment and|: manufacturing conditions. In or- 1 dinary times, without the stimu-|( lus of war, It might take decades j to bring about the changes which I now expect to see compressed into tfte next few years. Too 1 many people are characterized by 1 their inertia which keeps many J in decadent businesses and in vestments. Hence, my advice to ; readers is to acquaint themselves ; with what is going on. ' a-. Feed Shortage Cuts Egg ! Production Raleigh. May 25. ? The feed ' shortage in this State caused the 1 number of eggs laid by an aver- ' age flock of North Carolina hens ' in April to decrease seven per ! cent under that of the same ' month a year ago, the statistics ' division of the State Department of Agriculture reported recently. " The "rate of lay per month this ' spring is 1,668 per 100 hens," ' said the report. Egg production in the State, 1 due to a big increase in the num ber of layers, was 134,000,000 in ' April, 14 per cent more than last ' April. 1 Total egg production during the first four months of 1943 was estimated at 408,000,000 eggs, or I 20 per cent more than was pro- 1 duced in similar period of 1942. < Red Stamps Four w'rii's of rod stamps in War Katiou Book Two? a lu tal of (14 point- ? will become valid at weekly Intervals begin ning May 30 at.d will lie good for consumer purchases of ra tioned meats and fats through June 30, the Off lee of l'rice Administration announced this week. Dates on which the stamps (all expire June 30) become valid are: K, May 30; 1., June 0; M, June 13; June 20. As announced earlier, red stamps lettered i'J", good for 10 (Miints, became valid 'Mon day. Under an Ol'A ruling is sued Sunday, "J" stamps i will be good through June 30 in stead of expiring May 31, a.s first planned. Currently valid stamps of the "F", "G", and "H" series will expire on May 31. This arrangement for vali dating red stamps in blocks of 10 points each Sunday is the same as the procedure follow ed in April and May. ? o Food To Allies Saved U. S. Lives In Africa Schenectady, N. Y., May 24. ? Many American lives were saved n the successful North African ?ampaign because last year six per cent of our total food was ?ent to our allies, Buell Maben ofi >Jew York City, regional admin strator of the U. S. Department if Agriculture food distribution, ieclared in a General Electric Farm Forum address here. "The food we sent to the lib erated people in North Africa paid is dividends we could not buy itherwise." Mr. Maben said. 'Food helped us gain the friend ship and support of those people. Their helR saved many American lives. "The food we have shipped to English civilians has helped to keep them producing guns and planes. These guns and planes ogether with British lighting nen in North Africa hastened lictorjr and therefore save more American lives. "Most of the food we have sent o Russia has gone directly to the Red Army ? and this army stret ;hed along a 2000-mile front tied nany German divisions to this same front. _ They were not avail ible to shoot at our men in North Yfrica. "These dividends are priceless ? and to a great extent they came from the diqerence between an idequate diet here at home and he amount of food we would like :o eat. "And last year only six per :ent of our total food went to jur allies. Was it worth it?" Mr. Maben concluded. New passenger autos rationed .0 buyers from March 2, 1942, to March 1, 1943, totaled 305,876 :ars. FOX'S THE MORE BONDS YOU BUY - - - THE SOONER THE WAR WILL END - - - THE SOONER HIS DADDY WILL COME HOME ! F O X'S LOUISBURG'S BEST DE?T. STORE To the Woman Who Asks: How'll I Have Enough Fats to Save for Gunpowder? IT'5 EASY TO SEE what you're up against. Cooking fats are rationed. You're saving them of course. But you want to use them over again. And that's perfectly right! The government doesn't want your fats? even to make gunpowder? until you've got all the food use out of them. But when you have? every spoonful, every drop is desperately wanted. And not a house wife in America has too little to save! LISTEN! Just one lowly tablespoon of fat? waste fat, the kind you used to throw down the drain? will make five machine gun bullets for our men at the front! That from just one tablespoon! And it doesn't matter whether it's pan drippings, the skimmings of a soup, old shortening or any other kind of used fat. It's a sin against your country to throw it out! , AND DON'T WORRY about what kind of can you use, or how long it takes to fill it up. Any kind of can .will do? even a soup can! Keep a few on hand as you empty them. They'll go to tin salvage anyway when you' take them to the butcher. But above all, and no matter how long it takes to fill up your tin, take it to yow meat dealer. Take it in person, and be proud to do it? for the boys who need those shells at the front. HELP THE WAR EFFORT ! By Keeping Your Car In Shape. It's time to change the grease in the transmission and differential from worn out winter grease to new summer weight grease. This is important, don't overlook it. Remember grease is cheaper than new parts. For the average car this job cost only 75c for each unit. MARFAX LUBRICATION JOB 75c EXPERT WASHING 75c - Repairing HAROLD VAUGHAN'S SHOP Location: ' 802 S. Main Street Near my Home Shop Phone 209-1 Residence Phone 209-1 'iSngand Short' of GM Guns ARMY Ordnance workers study "the long and short" of General Mo tors guns. (Left to right) Ruth Lordon, Marguerite Kasischke and Ann McMillan, of the Detroit Tank Automotive Center, examine ? .30 ealiber carbine and a 90-mm. anti-aircraft gun at the CM Arms for Victory exhibit in Detroit. General Motors today is the nation's big test producer of firepower, in one recent month having turned out 118,000 "shooting irons? ranging in size from carbines to cannon. Twenty-three C.M. divisions in the United St&tes and Canada are now in production on fifteen different types of weapons and assorted gun parts for the fighting forces of the United Nations. * HISAI/ril nRPARTMKXT ? I ? ? ? Dr. S. I*. Burt * ? County Health Officer * ? ? ??*?????? A Tonsil and Adenoid Clinic sponsored by the Health Depart ment will be held on June 8th, 9th, 10th and 11th at the Armory. This clinic is intended primarily for school children. Dr. R. B. Wilkins will do the operating. If parents wish their children oper ated upon they should contact the Health Department at once, pay the $10.00 fee and get them registered. n j Tlie poultry committee oil feed conservation advises the use of skimmilk' and buttermilk, as a supplemental feed for moistening in wet mush feeding. The Pomona Grange has estab lished- a uniform charge for all farm machines and also a wage scale for hand labor to facilitate exchanges of machine labor for hand labor iii. the swap-work program. o ? On Pay Day, Buy Bonds ? VITA-VAR READY MIXED OUTSIDE HOUSE PAINT $0.49 100% PURE " Gal. TEXOLITE WALL PAINT * 1 Coat Covers * 1 Gallon Makes 1*4 Gallons * Can Use Over Wallpaper * $^.75 Gallon. Gallon is enough for ^ average size room. COOKING RANGES We Have Four Cast Iron Ranges For Immediate Sale. ' SCREEN ftOORS and WINDOWS GOOD FURNITURE AT LOW PRICES ! 3 Piece Bedroom Suites $47.95 Studio Couches $52.50 Breakfast Room Suites $19.95 Kitchen Cabinets $37.50 Gold Seal Rugs ? Heavy r. . .* . $ 6.95 H. C. TAYLOR Hardware & Furniture Phone 423-1 , Louisburg, N. 0.
The Franklin Times (Louisburg, N.C.)
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May 28, 1943, edition 1
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