Babson Gives His . .
(Continued from page on**)
legitimate foreign trade where the
credit is good.
24. Throughout 1949 war talk
will continue; but no real World
War 111 will start in 1949 WAH
PREPARATIONS WILL CON
TINUK
LABOR OUTLOOK
25. Good business depends upon
two things: 1) reasonable wages
and <2) reasonable prices When
both of these factors are in bal
ance there is good business; but
when they get out of balance, look
ior trouble. Low prices are of
little help when people have in
efficient wages with which to
buy; but it is also true that good
DICKEY
THEATRE
MURPHY. N. C.
ADMISSION 12c - 30o
Watch For Our First Run Pictures!
Saturday. January 1
"Rocky Rhodes'
With? BITK JONES
"Bush Pilot"
With ? Rochelle Hudson - Jack
La Kue
Chapter 7 "Phantom Empire"
Starring Gene Autry and his
horse Champion
Late Show 10:45
in The Corner"
With ? Scott Brady - Anabel Shaw
Sunday - Monday. January !-3
"Easy To Wed"
Starring ? Esther Williams - Van
Johnson
News ? Short Subjects
Tuesday - Wednesday, Jan. 4-5
"The Star Packer"
With ? John Wayne - George
"Gabby" Hayes
Short Subjects
Thursday - Friday, January 6-7
in Old California"
With ? Richard Arlen- Andy Devine
News ? Short Subjects
lilllllilUllllllllillllllllllllilillllllllllllll!lll!UllllllHllllllllllllllllllilllllll!!ll|
i wages are of little use if prices are
> j too htCfc 1'or people tn buy The
| Taft-Hartley Law will be repealed
' or amended to encourage free
| .speech, union protection and in
I creased production.
1 1 lit) The income of wageworkers
must increase before an advance
ill prices Contrariwise, too high
prices always precede a deeline in
employment and wages. This
, downward cycle leading to unem
i ployment may begin in 1949. Much
| depends upon crops and weather.
27 Labor leaders who get in
creased wage rates usually get re
elected. while those who do not
Set \va4e increases ar liable to be
defeated Hence labor leaders
have naturally kept urging higher
wage- although they may feel in
i h e 1 1* hearts that wages are high
enough tor .the time being We
lorecast that 1949 will see some
change of attitude in this regard
. iul that wi*e leaders will be more
.nterested in preventing the "bust".
28 If wages are too high,
organized labor is the first to be j
Jaid off when business declines
Unorganized workers have the
steadiest jobs and will go through
.949 a thout losing their positions
29 Some labor leaders will dur
ng 1949 work for pension sy?
ems and sick benefits This would
!-e a constructive program for em
i ployers who can afford to do it.
1 ut many employers cannot afford
i i ven these benefits at this time.
! lloth employers and wageworkers
will some day unite in urging a
;>rogram which will give steady
work throughout the year This is
the best hope for lower building
. osts Bricklayers, painters and
carpenters are criticized today for
| c*oing such a -mall amoun. of
1 work, but we must remember the
i many days when they are unable
a work due to weather ami >ther
conditions
INFLATION
Hi) Inflation high price-1 comes
: v hen consumption exceeds produc
Real Estate For Sale
We now have several good hous
es in Town. Also several small
places in the oountrv for sale
at reasonable prices. Also some
eood farms.
D. M. Reese,
Rt \L ESTATE BROKER.
Townson Bldg.
Phone 114. Murphy. N. C.
Special Price On
USED CARS
One-1949 Custom Ford Coach, radio,
heater, spotlight, backup lights,
air cushion tires,
delivered price $1675
One-1941 Hudson Sedan, clean 845
0ne-1940 Dodge Sedan 745
()ne-1940 Willys Sedan 545
One-1937 Dodge Sedan 395
One-1937 Dodge Coupe 345
One-1939 Plymouth Sedan ... 445
0ne-1940 Dodge 1 l/i Ton Truck
Hydraulic dump bed ... . 395
()ne-1940 Chevrolut l1? Ton Truck
clean, ready for service . 395
()ne-1940 Willys Pickup Truck 495
All of these cars have been
reconditioned and ready to go.
Franklin Motor Co.
I Phone 274
Murphy, N. C.
tion. This means that inflation
can be cheeked only by increasing
production or by reducing the
:noney supply. The job of getting
prices down today depends, there
j lore upon what management and
I labor produce per hour We be
I lieve that wage increases during
1949 will be accompanied by a
, corresponding increase in the per
hour production of the wagework
cri.
31 Some object to the large
profits that their employers are
getting today compared with the
J930Y It. however, should be
: emembered that during these de
pression years most employers had
i.c profits whatsoever. We fore
cast that profits will continue to
he regulated automatically by the
lr.w of supply and demand, rather
than by the government.
32 At some time during 1949
we forecast that the point will be
leached where the nation's inflat
td money supply will have become j
fully employed Hence, emphasis
may shift from efforts to stop in
flation to efforts to halt deflation
STOCK M \RKET
3.i 1949 may not be 't better
\ ear stock market wise than 1948
Investors will especially get out of
stocks of companies which have
most of their assets in big.
vulnerable case of war" cities,
u investing n companies whose as
sets are we!! distributed and safe
from attack
34 The Administration will not
vant tiu? How-Jones Industrial
Average to go too high on account
01 the consequent effect upon
la bo is demand s. Commodity
> peculation will continue to be
c u rbed
35 The wisest will not try to
p.ck any special "winners" in
1949 but will diversify broadly
1 host' who have too many stocks
will gradually build up good re
serves in cash or Governments,
for the big break which will come
>ume day Careful buyers of
stocks will insist on making full
p.iyment and avoid borrowing dur
ing 1949
36 Safe lividend paying stocks
will be in greatest demand, espe
cially if double taxation on divi
dends should be eliminated
BONDS
37 W'e i r definitely bearish on
l?w-coupon-r.rf. long-term taxable
bonds as nion.-y rates will gradual
.y increase
38 It Congress should exempt
i1 vidcnds from double federal taxa
lion. 1949 will see a further falling
?ff in the prices of certain tax
exempt bonds.
39 We forecast no change in
i he nation n monetary policy relat
ing to credit control and interest
iates during 1949
40 Investors will give much
more attention to diversification
in 1919 and will try to have their
HEADACHE
CapoJin* rontjim 4 tpfcijlly
Iflcciri ingrcdit ntt thjt work
together to g,v* qnick relief
from h(iJi<h( and neuralgia
Follow directions on !ab?l.
CAPUDINE
KEEPSAKE i
?
Diamond Rings I
REGISTRATION- C'ERTIFI- |
CATE WITH EVERY
DIAMOND
Davis' Jewelers j
Beware Coughs
From Common Colds
? That HANG ON
Creomulsion relieves promptly because
it goes right to the seat of the trouble
to help loosen and expel germ laden
phlegm and aid nature to soothe and
heal raw, tender, inflamed bronchial
mucous membranes. Tell your druggist
to sell you a bottle of Creomulsion
with the understanding you must like
th? way it quickly allays the cough
or you are to have your monev back.
CREOMULSION
for Coughs, Chest Colds, Bronchitis
| DO AWAY WITH Grain Feeding
to your laying flock. Purina
Laycna is a complete mash that
does the whole feeeding job . .
I and does it well. I^ayena is
| built to help your hens lay
heavily for months on end. E
K Stiles Produce Co 24-ltc
FOR SALE ? Two Steel truck beds,
perfect condition, large size
Priced for c^iick sale W M
Fain 24-1 tp
Mrs. f. A Deitz
Taken At Age 64
Funeral services were held in
Old Brasstown Baptist church at
. p m. today 'Thursday* for Mrs
(\ A Deitz, 64. who died at her
home at Warne about 8 a. m Tues
day after several years illness. The
Rex Henry Brown officiated.
Burial was in the church cemetery
with Townson funeral home in
charge.
She xx'as a native of Macon
county, but had lived in this sec
lion for a number of years. She
had been a member of the Baptist
church since she was a young girl.
She is survived by the husband.
(' A. Deitz; two daughters. Mrs.
Beulah Buchanan of Gay. Mrs
Clyde Messer of Hiawassee. Ga .
three sons. .1 E. Deitz of Young
Harris. Ga.. Henry of Hiawassee.
Ga.. and Robert of Warne; three
sisters Mrs Hattie Jones and Mrs.
Hester Bradley both of Richwood.
West Ya . and Mrs Delsia Green
of Whijjttier: three brothers. Jack
and Rus Mashburn of Franklin,
and Lawrence of Warne.
WILL PAY $150
Funeral expense- up to $150,
will be paid by the aovernment in
I lie death of any World War I or
World War II veteran discharged
under conditions other than dis
honorable. according to the Veter
ans Administration
Claims should b? filed at the
nearest VA office within two years
tYom the date of permanent burial.
\ A stated. These allowances are
payable only to undertakers or to
?eimbur e the person who paid the
luneral expenses
bond maturities cither fairly short
or staggered.
HEAL I STATE
41 City real estate will continue
hold firm throu ;h 1949. due to
less available rental space caused
by pulling down structures to s;ive
i :.:\t ?>. provide parking spaces, etc.
I There also i> a disinclination to
I i uild new city property in view
. . the present high costs
42 Suburban real estate will
j continue in fair demand during
I 1949 although there will be some
"hading of prices.
I 43 Big commercial farm acre
age will sell for less during 1949;
cut subsistence farms, located close
to established communities, will
i old up in price.
44 General building will de
crease during 1949 although the
cost of building may decline a |
! little The quality of workman
? >hip will improve.
45. Both office and residential j
j icnts will be higher in 1949 Only
.is property owners are granted |
| higher rentals, will there be
cuough houses to rent
4b' Mortgage interest rates dur- |
| ing 1949 will continue about the
I same as in 1948. Any changes |
will be toward increases
POLITICS
47 The Administration will en
courage legitimate new enterprises
ond full employment, continuing
it. loyalty to labor and the farmers.
48 Vacancies in the various com
missions and government ccrpo ra
tions organized since 1932 and
I which have great powers will be
tilled by men acquainted with
legitimate bu
j M.\ Truman
49. Congress will take our fore
I ign policy out of the hands of the I
j State Department and the Brass |
j Hat*.
i 50. The Administration will be
fair both to labor and management j
I ( r lose the Congressional elections ;
of 1950 by bringing on depression
r* scu
it' ftr'* **
M l. CLASS, I ADS PA V ABLE IN ADVANCE. LOCAL RATES: >,lnimuni ^ ^
lion of ad with not more than 25 words: three insert ions. SI. \dditional words, -e per word. lOKKI
KVri S nnc time 3c per word. All rates net. Class! lied ads accepted up until 1! noon Wednesd,, ,
Kl VI I) < I \SSII II l> ADS ARE 3. PER WORD VXD A MINIMI M OF 75c. CARD OF THANKS f
MEMORLIMS. RISOLI TION. OF RESPECT . AND OR1T1 ARIES 2c PER WORD.
FOR SALE ? Onr Easy Washing
machine with spin dryer and one
small oil heater Call Mrs.
Fred .Johnson Jr. Phone 194-J
22-3t<
1 1ST RECEIVED Fresh shipment
i Russell McPhail Candies. None
Better Five Point Store. 24-ltp
FOR SALE ? Three-unit apartment
house and lot, corner MeLelland
and Hilton Sts , and lot between
the Darnell and Wort hen homes
For information write Mrs. Ruth
Carringer, 818 S Main St.
Winston-Salem N C. 24-3tp
WANTED? Black Walnuts, any
quantity. Cash upon delivery ?
at Five Points. W. M. Fain.
24-ltp !
For experienced assistance with
your income tax return that will
probably save you money ? Set
I> M Reese. Townson Bldg
Phone 214. Murphy. 24-tfc
FOR SALE ? 10-acre farm Four
room house, good barn, good
spring plenty of wood. Located
two miles from Martin's Creek
school. Priced to sell at $7.><i
See owner this week. Mrs
Georgia Lee Martin. Route 2.
Murphy. N. C. 24-ltp
FOR SALE ? Oil Heaters. Good
eondition priced to sell. Five
Point Store 24-ltp
ONK STOP CHICK SERVICE: You !
can get all of your poultry needs
here baby chicks. Purina
Startena. a full line of equip
ment. Purina disinfectant and
water tabs E. E Stiles Produce
Co. 24-1 tc I
FOR SALE ? 1947 Chevrolet l1 j
ton truck. Good condition.'
Always used on highway. 1946
Chevrolet 1 1 2 ton truck. Good
stock-hauling bed. Evans Auto
Co. Phone 48 Murphy. N C.
24-1 tc
PICKUPS FOR SALE !!?48 Jeep
Pickup 1941 Ford Pickup. 1948
Chevrolet Pickup. 1941 Dodge
Pickup. Evans Auto Co. Phone
48. Murphy. N (" 24-1 tc
FOR SALE ? One good heater.
Priced reasonable. See Mrs.
Morris Moore or call 2504 23-3tp
.GIVES
FAST
RELIEF
hwhen COLD
MISERIES STRIKE
FOR SALE
We Carry A Full Line
JOIINS-MANVILLE ROOFING
Asphalt and Asbestos Shingles
Roll Roofing
Asbestos and Brick Siding
WESTERN AI'TO ASSO. STORI
PROTECT VOi R LOVED ONES
With A
Qt INN & HUMPHREY
Mutual Burial Certificate
ONLY COSTS 25c TO JOIN
QUINN & HUMPHREY
Mutual Burial Association
Copperhill, Tenn.
Can Black- Draughr
help that dull,
dopey feeling?
Yes. Black-Draught may help that duIL t
dopey feeling If thj only reason you feel
that way Is because of constipation.
Black-Draught, the friendly laxative, la
usually prompt and thorough when taken
as directed. It costs only a penny or less
a dose. That's why It has been a best- |
seller with four generations. If you are |
troubled with such symptoms as loss of i
appetite, headache, upset stomach, flatu
lence, physical fatigue, sleeplessness, I
mental harlne3s, bad breath ? and If these j
symptoms are due only to constipation?
try Black-Draught. Oet a package today.
SUBSCRIBE TO THE SCOUT |
J HEREBY offer a liberal reward
for information given the mayor
or police leading to the arrest
of anyone trespassing on rry
property known as Imp's Nest in
Murphy. X C Frank L. Mauney.
Washington, Ga 9a-tf
FOR SALE ? 8 lots 35 x 60 front
ing. on Highway 64 Also, 2
lots in fork of Young Harris
and Hayesville Highways Best
location in Clay county for busi
ness. See John M Herbert.
Wwrne, If C S4lp
, ( OMPLETE H () M K A P P L E
ORCHARD COLLECTION con
sisting of 6 Trees furnishing
Apples from early to lute as fol
lows:
1 Early Red Bird - Xew Red
June.
1 Summer Delicious - Large
Yellow. Summer.
1 Maiden Blush - Golden with
red cheek Late Summer.
1 Grimes Golden - Late Fall
1 Virginia Winesap - Popular
Red Winter.
1 Delicious - Favorite Red
Winter.
All Six Trees 3 to 4 ft. Size -
Special Offer Xo. 30-8 - $6.85 1
Postpaid Write for Free Copy
48-Page Planting Guide in full
color. Waynesboro Nurseries - 1
Waynesboro. Virginia 24-1 tc
NEW LEASE
. . on security can be yours in
a worthwhile career with the new
1'. S. Army and I'. S. Air Force.
Steady employment. Job training.
I'ree retirement plan. Educational
advantages. For the ladies, a
career in the WAC or WAF. Your
recruiter is ea?er to tell you the
ful' story. See him now at Court
house. Murphy. N. C\ A new lease
on your life
FIRST CLASS - Aut0
Power-Unit and Magrielo
pairing is done b> W.lson', ,,
Service next to To '
Lumber Mill Murphy, c
20
GENERAL FIX-IT SIIOp3ZJ
ing too small or too |aPgt B?J
us anything that needs renal
ing IXin t throw it away bnj
it to our Fix-It Shop. Wihotf
Auto Service next to Town<on'
Lumber Mill Murphy, x
20-1
LOST OR STOLEN ? December
13 one Walker Fox Hound I
Black, white and tan iadd)e
back Will pay handsome re
ward for his return Casle(|
Hawkins. Suit. N. c. 23.3^
FOR SALE
47 acre farm 25 to 3t acres!
of which is Rood level bottom'
land in (rood state of cultivation!
about 7 miles out in Peachtrw'
Section, fair house, barn audi
other buildings. Only S6.0M.I
D. M. REESE. Real Estate.
Townson Bldg. Murphy N. c.j
"GILL"
HANDY RANGE
Farmers Federation
A BEAUTIFUL FARM HOME
A BUSINESS- INCOME
Located one mile from a good small town near a beautiful
lake on paved road 16 acres of river bottom land 8 room modem
duelling. 5 modern 2 and 3 room cottages with baths, a brick
store house and gas station, good barn and state approved poul
try house, some farm tools and equipment, live stock and other
good features with stock of merchandise. All for $15,750.
D. M. REESE, Real Estate Broker,
I'hone 214.
Townson Building.
Murphy. Y C.
n TKakvi . . .
Why Wait?
Enjoy New Appliances NOW!
WE OFFER LOW-COST CONVENIENT
TIME PAYMENT PLANS
An Approved
GENERAL $ ELECTRIC
SERVICE
MURPHY ELECTRICAL SHOI
"Next Door to the Post Office
Phone 134-R Murphy, N. C.
WE ARE BUYING
ONE. I NC H
OAK
ONE-INCH
WHITE PINE
ONE AND TWO-INCH
YELLOW PINE
ONE-INCH
POPLAR
FOR PRICES APPLY AT OFFICE
Commonwealth Lumber Corporation
PHONE 237
MURPHY, N. C.