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(One Day Nearer Victory) THURSDAY, DECEMBER oS
THE WAYNES VILLE MOUNTAINEER
LJUUSUtl Ottd Full lli Milium a kvm jl jl vf x
Many Changes To
Be Made During
Year In Business
Noted Statistician Lists 60
Major Business Trends For
(Continued frwn page 1)
during 1945, lut most consumer
goods will hold firm or sell at
higher prices. For "both gasoline
and bituminous coal, there may be
10. The great question mark of
1915 -will be how, to whom and at
what price the government "will
dispose of its billions of dollars
worth of unneeded supplies.
11. The weather will be the
greatest factor in farm production
and prices during 1945. The
weather has been exceptionally
good on the whole for the past few
years; but sooner or later we will
have a servere drought or an early
12. Pending a weather upset,
more bushels of corn and wheat
and more bales of cotton will be
raised in 1945 than ever before in
our history. Although some prices
may slide off, the total farm in
come for the first half 'Of 1945
should hold up.
13. There should he a 15 de
cline in hog slaughter and a 5
increase in cattle slaughter.
14. Dairy products will continue
to increase both in volume and
in price. I am forecasting at
least a 3 rise in volume.
15. Farmers will start in 1945
to work again for legislation on
their parity program, due to fear
of a collapse in all farm prices
after the war.
16. Taxes will not be increased
during 1945 and some will be re
duced ; in fact, some nuisance taxes
will be eliminated altogether.
17. The Federal Debt will eon-
TRUSTEE'S SALE OF REAL
(By Substituted Trustee)
Pursuant to the power and auth
ority contained in a certain deed
of trust dated the 24th day of
November, 1934, executed by Mor
ris Lowery and wife, Naomia Low
ery, to C. S. Noble, Trustee, which
deed of trust is duly registered
in the office of the Register of
Deeds of Haywood County, North
Carolina, in book of Deeds of
Trust, No. 28, page 308, securing
a certain note payable to HOME
OWNERS' LOAN CORPORA
TION, default having been made
, for a period of more than ninety
(90) days in the payment of said
note as provided therein and in the
performance of certain covenants
set out in said deed of trust and
demand of foreclosure having been
made by the holder of said indebt
edness, the undersigned Trustee,
having been substituted as Trustee,
for C. S. Noble, said substitution
being duly recorded in the office
of the Register of Deeds of Hay
wood County, North Carolina, in
Book 121, page 577, will offer for
Bale at public auction to the high'
est bidder for cash at the Court
House door in Waynesville, North
Carolina, at 12 o'clock noon on the
22 day of January, 1945, the fol
lowing described real estate, to
ALL THAT CERTAIN lot, tract
or parcel of land situate, lying
and being in Beaverdam Township,
County of Haywood, State of
North Carolina, and more particul
arly described and defined as fol
BEGINNING on an iron stake
in the East margin of the old
Dutch Cove Road, the Northeast
corner of the colored cemetery lot,
and runs North 45 deg. 45 min
West 141.9 feet to a stakes thence
North 53 deg. West 99 feet to a
stake; thence North 62 deg. 10
min. West 42.2 feet to a stake
thence North 86 deg. West 158.6
feet to an iron stake; thence South
21 deg. 15 min. East 55 feet to an
iron stake; thence South 42 deg.
40 min. East 161 feet to" a stake
in center of Dutch Cove Road;
thence with center of said road
two calls as follows: South 82
deg. East 28.5 feet, South 57 deg.
30 min. East 110.5 feet; thence
North 71 deg. East 132 feet to the
BEGINNING, containing 0.95
acres, more or less, and being the
same land as conveyed to Morris
Lowery and wife by H. A. Os
borne, et ux by deed dated April
15, 1931, filed for registration Sep
tember 28, 1931, and recorded in
Book 85 at page 105, Haywood
County Registry; being also the
same land as that shown on the
plat of the survey made by Watt
Justice, August 11, 1934, copy of
' which plat is now on file with
Home Owners' Loan Corporation.
The purchaser at this sale, will
he rjBquired to wake a cash deposit
;'oi S of the i purchase price to
enow stood faith. :
'"'144. voi'.VjSt . "' .V'. "0 J
v ; V407ei .2Jato.! 4-11-18;
THUMHNAIL OUTLOOK FOH 19 T
fm itn-p i)i i li.pini M: ';.,.' rash inexnf will ap
itomomI. that of lull, ulmh was $'0 billion-.. B"th bituminous
and " " ' ' " ' i ' i mining will i un ""' UlvW a y ai Jig". I'ttiuUam
output will be uppej 5'X. Iruit and steel will decline- 10i. A
similar drop is in prospect for chemical manufacture. Lumber
output will increase 5. The paper and shoe industries will
run along on the same levels as during 1944. Industrial employ
ment will be 7 less and factory pay rolls will decline 10.
Greatest single expansion will come in the construction and
building group, which will show an increase of 25 from the
low levels of 1944's first six months. Look for a sharp drop in
retail trade, especially in luxury items. Electric power output
will be reduced 5 as war contracts are cut back. For basically
the same reason railroad freight ton mileage will fall 15.
tinue to increase during 1945.
18. Whatever is dune about
.taxes, .the cost of living will con
tinue to rise during 1945.
19. Providing jobs for returning
soldiers will be the big political
football of 1945. I am not now
prepared to forecast what will hap
pen in this connection.
20. Through a coalition of Re
publicans and Conservative Demo
crats, we should have a "do noth
ing" Congress during 1945.
21. The volume retail sales will
show a decline during 1945. Prices
of ladies' apparel and general lux
uries will suffer, while grocery
sales should be higher.
22. The total dollar sales should
be about equal to 1944 with an
increased demand for woolen and
cotton textiles for civilian use.
23. The best cities for 1945
business should be: Altoona, Pa.,
New Toik, N. Y., Cleveland, Ohio,
Davenport, Iowa, San Jose, Calif.,
24. There will be a great stam
pede in 1945 to get rid of the make
shift ersatz goods which have
been -made to take the place of
good merchandise. Thus, 1945 will
witness many 'mark-down sales
of unrationed merchandise.
25. Wise will be those manufac
turers, -merchants and consumers
who realize that postwar competi
tion will he terrific and, therefore,
withhold purchases until 1946.
26. The United States will own
over 50 of the world's ships in
27. There will be an increase in
free exports with the "Freed Coun
tries", but Lend-Lease exports will
28. We will make England and
Russia large postwar loans pro
vided they spend the money in the
29. Both the British Empire and
Russia will go into the competitive
foreign trade market during 1945;
nany cartels and government mono
polies will be in operation. I,
therefore, forecast higher prices
for coffee, cocoa, sugar and many
other articles for which we are
absolutely dependent upon foreign
30. No Central Bank will be or
ganized nor will the stabilization
of foreign currencies be attempted
31. The Little Steel Formula will
be amended during 1945.
32. Industrial employment dur
ing 1945 will be off 7 in hours
and off 10 in pay rolls.
33. The building of a few new
autos and new houses will be re
sumed during 1945.
84. Many industries, now oper
ating on a forty-eight-hour week,
will return to a forty-hour week
35. Wage rates will not decline,
but "take-home" income will be
36. The greater part of Ger
many's army will collapse before
the German planting season opens
in the spring of 1945. Before sur
rendering, Germany will try pois
37. Japan will not hold out as
long as most people think. Japan
will collapse within six or twelve
months after Germany collapses.
38. If Stalin's health continues
he will be the world's most power
ful man in 1945 and may dictate
the peace terms, especially in the
39. Sometime after April, 1945,
Russia will join (or threaten to)
the Allies against Japan but only
after the promise of territory priv
ileges and a huge loan.
40. The markets may witness a
"communistic scare" during 1945;
Having qualified as administra
tor of the estate of Mrs. Lela
Chambers Caldwell, deceased, late
of Haywood County. North Caro
lina, this is to notify all persons
having claims against the estate
of said deceased to exhibit them
to the undersigned at Waynesville,
Route Two, North Carolina, on or
before the Tth day of December,
1945 or this notice will be pleaded
in bar of their recovery. All per
sons indebted to said estate will
please make immediate payment.
Thus the 7th day of December,
(fnTim'stratar: ef the Estate of
V Mrs.. Lala Chambers Caldwell,
- ' ' Deceased.
1405 Dec. 7-14-21-28 Jan. 6-12 1
but they should soon recover there
after. STOCK MARKET
41. The rails will show the
greatest decline during 1945, be
cause the airplane and shipbuild
ing stocks arc already pretty much
42. The heavy chemicals, steels
and motors may hold their own
during 1945; but consumer goods
will do much better.
43. The safest stocks to buy
considering value, income and
safety will be the merchandising
stocks, especially the chain store
44. 1944 aw a large increase in
the demand for peace stocks with
a decline in war stocks; but 1945
will witness them both moving
more or less together. Switching
has been over-done in most cases.
45. 1945 will continue to wit
ness creeping inflation, although
the big movement toward inflation
will not take place until the next
business depression which will fol
low the postwar prosperity.
46. Though bank loan rates
should continue to have an upward
tendency, interest rates in general
will remain low through 1945, since
the money supply is now 20
above normal and government con
trols will continue.
47. Anticipating the expected de
cline in Federal taxes, 1945 should
surely see a falling off in the
price of most municipal and prob
ably other tax-exempt bonds.
48. The highest grade corpora
tion bonds will decline during 1945.
and staggered bond maturities dur
49. Investors will give much
more attention to diversification.
50. More public utilities will be
taken over by municipalities and
"Authorities" during 1945.
51. Suburban real estate will be
in much greater demand with high
er prices during 1945.
62 City real estate should hold
its own, excepting in the congest
ed war areas where declines may
53. Small productive farms will
continue to increase in price; but
large farms may sell for less in
1945 than in 1944.
54. Building will show a consid
erable increase. Contracts will be
up 25, but prices may be a little
lower due to increases in lumber
and cement production.
65. There will be no changes in
residential rents during 1945.
56. Real estate will be helped
by Congress ceasing to induct any
more men into the armed services
after June 30, 1945.
POLITICS AND POSTWAR
57. The uncertain political factor
of 1945 will be Mr. Roosevelt.
Pfc. It. P. Trantham
Recovering In Hospital
Private First Class R"Urt T
Ti.inth.im. 23, mn of Mr. and Mrs.
L. A Trantham of Clyd . R F.1V
No. 1, who was wounded l y shrap
nel in the left knee vhile his in
fantry unit was attacking German
positions near Brett, France, ii now
recovering in a V. S. Army Nation
hospital in England.
Pfc. Trantnam vtho has leen
awarded the Purple Hi art and the
Combat Infantrymen's Badge, is
"recovering satisfactorily and will
soon return to duty," according to
his ward surgean, Capt. Herbert
B. McLauthlin, of Denver, Colo.
Pfc. Trantham has taken part in
the rehabilitation program of the
hospital for the past month. Prior
to entering the service, Pfc. Tran
tham operated a truck line
On Furlough Here
People will soon fear that he may
resign before the next Congres
sional Elections either on account
of ill health or to become head of
a Peace Commission or new World
58. Our foreign headaches will
become worse and more frequent
during 1945. What we are going
through to reorganize Italy, will be
repeated in many other countries.
59. The Latin American honey
moon has passed its peak. i tie
attitude of Argentina will extend
to other countries and our South
American troubles will increase
60. 1945 will see more religious
interest, including more church-going,
than did 1944. People gradu
ally are realizing that without a
Spiritual Awakening no peace or
other plans will be much good.
Nations cannot be depended upon
to cooperate and stick to their
agreements unless they recognize
God as their real Ruler and Guide.
Buy War Bonds and Stamp.
Wonderfully quick I
a litllp Vn-trn-nnl N-
up each nostril helps open nasal passages-makes
your head fills up with stuffy transient
congestion! Va-tro-nol gives grand re
lief, too, from sniffly, sneezy distress of
head colds. Follow directions In folder.
VICKS VA-f RO-CJOL
Your Choice Of
Flashlight Value $1.50
Bracelet Value $2.50
Wedding Ring Value $2.00
Fountain Pen Value $2.00
You may have fchy of the
above with a purchase from
our store amounting to $10.00
,,r" JANUARY f
Many a man makes a resolution to start the New
Year right to put off no longer his plans to provide
for the future of his wife and children.
Resolve now to give yourself and your family the
right start this New Year with our "Planned Pro
tection" life insurance that meets your every need.
Call or write your Jefferson Standard representative
today. He will be glad to prepare a plan tailored to
your own situation and show you the many advan
tages derived from carefully planning your life in
surance. There is no obligation,
S. E. Connatser
Phone 259-W Wavnesville. N.
m m fi M mIj'imw i!HM;r- O ' ill
PVT. JOHN W. MAKCL S, .-..n
of Mr. and Mrs. C. H. Marcus, f
Portsmouth, Va., recently spent a
ten-day furlough here with his
wife, the former Miss Sybil W ig
gins, and small son of Waynes
ville, R.F.D. No. 1. Pvt. Maivu--entered
the service in July of this
year and was inducted at Camp
Croft and from theie was tran--fcrred
to Camp Blanding, Fla. lie
was first in heavy weapons and
later transferred to a ii file cum
pany. At the time he entered the
service Pvt. Marcus was employed
at the North Carolina Shipyard
as a welder. From here Pvt. Mar
cus reported for duty at Ft
George Meade, Md.
4Of all sounds, of all bells, ruos:
solemn and touching is the rc!
that rings out the old year. . -Had
Charles Lamb lived in ti e
year of grace, 1944, he mitl
hear only joyousness in the t
pealing bells that ring in a N. A
Year filled with hope and j m:.
ise of better things to come
surely they are on the way !
Happy New Year to all-
365 dayi of good luck !
La Lee Beauty Siop
r.l'BY l.KF., Ou
The high cost of living
The low price of electricity
Look at the cost of living up 25.4 since 1939.
Or would you rather not?
Then look at the cost of electricity dawn 3.2 dur
ing the same period! Feel better?
Of course, the reduction in a nation-wide average,
and partly due to increased usage, vhich earns lower rates.
But it continues a long-time trend.
In fact, the average American family gets about
twice as much eh ctricit) for its money today as it did
15 years ago!
(So why iut your bill cut in half? Because you
have more electric servants now. Kilowatt-hours are much
cheaper but you're using a lot more of 'em!)
Will you pardon us a moment while we point with
pride to our wartime record? Production up price down
--no rationingno shortages.
Thanks to far-sighted business management, every
war plant making weapons has had plenty of electric
power. And so uill every peacetime factory making jobs'.
o Sgurwt from V . lurmvv at Labor StaVitlci
Bear NELSON FDDY tvery Wedneny evening in the brdliant nr
musical shrw, "The Electric Hour," uuh Robert Armbruster't Orchestra,
10:30 I'M, EWT. CBS nefuw.
DON T MiASTE EUCTRICin JUJT BECAUSE 111 CHEAP AND ISNT RATIONED
CARQ11TTA POWER O IIOIIV COMPAK