EMTHIST IS Ntw Y0RH
John I*"- h?* *un "ving, 111
How York He thinks it ? just a
lot of small to*"? V"
get her and finds the folks he
knows and works with as nice and
friendlv as those of his home town.
Dallas. North Carolina < popula
tion: 2450 ?. Some of those w hom
he knows well are keneraUyw^l
Known, too. sueh as Kid Bail*
Ren Hogan. Whitey Lockman. the
baseball star, John's friend since
boyhood, and Charlie Justice,
formerly All-American fooOw 1
player. You s.e. John is dm ctm
of sports of CBS Radio and his
dally work is with colorful tiKim*
?n this major part of America,
pastime But such is the con.ple x
itv and specialization of New
life that although he and M
have both lived here for five years
they haven't seen each other in all
thai time, yet thev are not more
than a mile apart. John has a go
ball given him by Hngan wlmh
be prizes very much since tt*?
the one used on hole 13
land by Ben when he won th
famous British Open and J?hn
with him Although he >
deals with college sports. John
Dorr never really went to co ?
himself, having taken
courses from Belmont Abbey and
the I. diversity o. North Carolina.
Invited over to the New York
Times building. 1 was pleased t
witness there the unveiling of a
statue of Chief John Boss Now in
case you don't freshly recall your
American history, he was head
the Cherokee Indian nation about
a hundred years ago before and af
ter the tribe had been driven from
the South to its final home "i
Oklahoma, lie also founded a
place called 'Ross's Landing bet
ter known now as Chattanooga.
The Ochs famllv. owners of tm
New York and Chattanooga Times,
came here from Chattanooga
hence the local interest in the un
veiling of the fine statue which
was made possible liy the eft art
of patriotic Tennessee women.
Over in nearby New Jersey, a
historic event of greater national,
significance took place during the
holldavs. This was the colorful re
enactment of the memorable
Washington's crossing of the Dela
ware River on Christmas night.
1770. OH Christmas IJav. 'J953- ?
local musical producer with a his
fie overtone. St. John lorrell
got JL ? together, dressed
them in Revolutionary uniforms
and in a Durham boat" made the ,
( rossing at exactly the spot which
C.corge used in that latetul nigb
when Colonel Henrv Knox and
his Massachusetts sailors' ferried
the ragged Continentals over tor
the exciting capture ot 1 ronton
from the British. Patriotic citizens,
of New Jersey and Pennsylvania,
led by Mrs Ann Ilawkes Hutton
the historian, helped make the re
vival of the crossing a gala and
successful event, which started at
the Thompson-Neoly House, where
Washington and his staff madt
their plans, and ended up acroie
the icy Delaware?and finally ir
victory at Yorktown.
Holiday greetings: one of the
funniest I received was from
Douglas Stengel, General Motor*
official, whose daughter was just
married. Wrote Doug: "Please ex
cuse if this is in broken English
I am broke- following this wed
ding." . . from Bell Irwin Wiley
on Conft lerate States stationery
stating "Our pen is bad. our ink
is pail, our love for you shall nev
er fail." . . . from I.ouise and Ross
Caldwell of the Maggie. N. C.
Country Store, adding "try our
varbs. terbaker, rock candv and
snuff ? cider that ain't mountain
dew bid's nice and cool and good
for you.'' , . . one from Texas in
' the shape of a state map so big it
' would hardly conve in the door . . .
from Arthur Grot/, president of
the Western Maryland Railroad
| with a painting bv his brother . . .
another which looks like a bill but
its only "statement" is that I owe
! good wishes for a Happy 1954
Well, that debt is paid . . and
probably the nicest one of all.
from a lifelong friend who sent a
simple card on which he wrote
his name bv hand, and on the front
there was a picture of a small
country church in a setting of
snow, such as we went to when
we were bovs back on the farm
and Christmas and New Years
were simple things which meant
another year had passed and a
new one was coming in which we
expected lo do a lot of things ?
hut just mostly to keep on enjoy
ing everything and expecting noth
ing but what was good and kind
and happy.
Deadline Of January 11
Announced For N. C.
High School Contest
DURHAM. N C.. Jain. 1 ? Mon
ti;i>. January 11. is the deadline
fpr entering this year's good writ
ing contest sponsored bv the
North Carolina Knglish Teachers'
Association, contest director Dr.
Francis K. Bowman of the Duke
University Knglish faculty has an
nounced.
Open to high school juniors and
seniors throughout the State, the
annual com pet ion offers recogni
tion for outstanding prose and
poetry Winning entries will he
published next Spring in a special
student issue of "The North Caro
lina Knglish Teacher," journal of
the NCKTA.
"in la't year's contest," Dr.
Bowman said, "a total of 475
manuscripts by pupils of 75 teach
ers in 47 high schools were sub
mitted. Steadily increasing inter
est over the past five years has
shown that the competition is a
sound method for the encourage
ment of good writing."
Headers from North Carolina
colleges and high schools will
judge the entries on the basis of
literary excellence. Final selec
tion will take place on the Duke
campus next spring.
High school teachers may ob
tain contest information and entry
blanks for their students by writ
ing to l)r Bowman Department of
English. Duke University.
Aged Cyclist Active
WICHITA. Kas (AD ? C. N.
Horner, 82-year-old cycling enthus
iast, has piled up 3.000 miles at
the pedals Since the autumn of
1952 nearly 7 miles a day?he re
cently made a pleasure jaunt on
his bicycle to the Fall River reser
voir 78 miles east of Wichita.
THE NEW 1954 FORD will go on display Wednes
day in the Mottinger Motors showroom on Hay
wood Street. Illustrated is the Crestline Fordor
sedan. The new Ford series will feature a hardtop
model with a transparent top of tinted plastic.
Clyde Youth
Dies While
Working On Car
i
t Funeral services were held this
afternoon in l.ong's Chapel Meth
odist Church for Earl Chambers,
17. of Clyde, Route 2, who died
suddenly Saturday morning while
working on his car in a used car
lot at Clyde,
The Rev. Don Payne officiated
and burial was in Crawford Mem
orial Park.
j Chambers was the son of Mrs.
! Hazel Medford Chambers of Clyde,
Route 2. end Guy Chambers of
Waynesville, Route 2.
Surviving, in addition to the
parents, are two brothers. Howard
Chambers of Miami, Fla., and
James Chambers of Pasadena.
Tex.; the paternal grandmother.
Mrs. Charity Chambers of Waynes
ville. Route 2; and the maternal
grandparents, Mr. and Mrs. T. B.
Medford of Waynesville. Route 2.
DEATHS
WILLIAM M. REYNOLDS
Funeral services were held this
morning in the Beaverdam Metho-:
dist Church for William M. Reyn
olds. 67, who died Saturday night
while en route to the Haywood
County hospital.
The Rev. W N. Reese officiated.
Burial was in the church ceme
tery.
Pallbearers were nephews and
flower hearers were nieces. j
Surviving are the widow, Mrs.
Eva Reynolds: and one brother,
James (J. Reynolds of Swannanoa.
Reynolds was a native and life
long resident of the Thiekety sec
I tion of Haywood County and the
| son of the late Jack and Eliza Rob
inson Reynolds.
Gilbert Inman
With Air Corps
In Greenland
NABSARSSUAK AIR B A S F.
GREENLAND: Airman Third
Class Gilbert R. Inman. son of Mr
and Mrs. Gilbert Inman. Waynes
vllle. has recently been assigned
to Narsarssuak Air Base. Green
land.
A graduate of Waynesvillo '
High School. Airman Inman en
listed in the United States Atr
Force on the 16th of June. 1953.
lie was assigned to Lackland Air
Force Base. Texas, for basic train
ing. and. upon completion of this ;
training, he was assigned to Fort '
Sam Houston, Texas, where he at
tended the United States Air j
Force Medical Technicians School. j
He was then assigned to Narsars
suak Air Rase.
Friends and relatives interested
in contacting Airman Inman may i
write to the 6611th United States
Air Force Hospital, APO 858, c/o j
Postmaster. New York. New York
Sharp Compc
For Consume
By RADER WINGET
AP Newsfeatures
NEW yORK?This was the year
of war and peace and a bear mar
ket in Wall Street.
But the stocks of leading Ameri
can corporations survived it all
and approached the end of 1953
with a surprising bounce ahead.
There are some 2.300 stocks of
corporations listed for trading on
the New York Stock Exchange and
thi* American Stock Exchange in
New York plus hundreds more
listed on regional exchanges at
Toronto and Chicago and San
Francisco and elsewhere.
That, broadly, is what is known
as the Stock Market with the
stocks owned by millions of
Americans and Canadians and
traded freely on the exchanges.
The value of all stocks listed
for trading on the New YOrk Stock
Exchange, for example, comes to
better than 117 billion dollars at
current prices. The net decline in
that total since the first of the
year has been less than 3 per cent.
That is a good measure of the
over-all stability of the stock mar
ket during the tryng times of 1953.
Naturally some stocks reacted vi
olently during the year and now
show wide gains or losses as com
pared with a year ago.
The individual reactions rep
resent the adjustment that the
economy of the nation itself has
gone through in meeting the re
sponsibilities of war and the chal
lenge of peace.
And what about the great bear,
market? Well, we are in it now. at
least technically, and we have
been all year, it seems.
A bear market is one that fol-'
lows a long-term downward trend.
A bull market, on the other hand,
is one that follows a long-term
upward trend. They got their col
orful names from newspaper car
toons showing bulls and bears!
fighting without quarter in Wall
Street The symbol grew to be a
raging bull goring a savagely fight
ing fallen bear.
But you must look at this year's
hear market against the big pic
ture of the stock market. Every
one knows how the stock market
rracked and crashed in 1929 and
continued plunging down until
1932. That was a bear market
without parallel in history. There
followed a five-year hull market
and another five years of bear mar
ket readjustment.
In 1942 the bull market of the
war years began It ended in 1946.
A broad readjustment of the mar
ket then continued until 1949
when the bull market movement
was resumed.
Hindsight now tells us that this
bull market continued right on to
January 1953. The peak of this
year came early in January when
the traditional year end rally and
the Eisenhower election boom in
the market petered out.
It is difficult to select one sin
gle thing that causes the market
to rise or fall in any given period.
itition Seen i
rs' Dollars
I ;
: because you have hundreds of
stocks all under diverse influences
and fluctuating in price from min
ute to minute with the bewildering
aspect of a swarm of fireflies on a
summer night.
The administration's hard money
policy, which later was eased, had
a depressing effect. But there was
j the offsetting factor of easier gov
ernment controls on business. Mar
gin requirements also were low
ered. enabling you to buy stocks
with a smaller amount of your
own cash. The effects of such de
velopments, however, never show
I immediately in stock prices.
It was the fortunes of war in
Korea that banged the market
[down. The first big fall started
late in March when the Chinese
I Reds proposed swapping prisoners.
There was a minor measure of re
covery from that shock before the
market dropped even lower during
a period of uncertainty over the
Korean truce Again a recovery
set in only to be cut short by the
most severe plunge yet, starting in
mid-August after the Korean truce
actually was signed.
Why did people rush to sell their
stocks and thus force prices
down?
Basically, it was because they
feared the uncertainties of the
economic future. They didn't
know what peace would bring, and
they rushed to shift their invest
ments into industries that would
benefit by peace, they wanted to'
get out of war stocks, they want
ed the haven of cash money in the
bank.
The market hit bottom in mid
September. From that vantage
point, Wall Street analysts could,
easily see that they were in a
bear market and had been since
early January.
They also saw continued high
earnings of corporations and con
tinued high dividends, both ahead
of a year ago. And there was fur
ther easing in money rates, a
promise of tax reduction, and a
government pledge that there
would be no depression.
"Maybe." ran the thought in
Wall Street, "we have overdone
this thing."
That is when the rally started
It carried ahead with little or no
interruption and continued longer
and went higher than any other
recovery movement of the year. It
was said in Wall Street that the
market already had discounted
next year's expected slackening
of business and now looked at a
brighter future.
Some said the 1953 bear market
was rapidly on its way to becom
ing just a memory.
Rhode Island has 400 miles of
coastline.
~ ~ " " ~ ??? - 1
WANT ADS
FOR RKN'T?First floor single bed
room and bath. Outside entrance.
103 Walnut St. Call 6-6312.
J 4-7-11
LAFF-A-DAY
i i l?hj. Kx* Ursfcm >ic. k. WwW r<*#? nism4
"I'm no dope. We're married six years, and my wife still
doesn't know what I do for a living."
Mottinger Will Display
New '54 Ford Wednesday ?
The 1954 Ford passenger cars,
which will go on display this Wed
nesday in the Mottinger Motors
showroom, will feature the follow
ing Ford exclusives in the high
volume field;
A new 130-h.p. Y-block V-8 en
gine with overhead valves.
New 115-h.p. 1-block Mileage
Maker Six engine, designed for
economy.
New ball-joint front suspension.
The Skylinc-r?an entirely new
hardtop model with tinted, trans
parent plastic roof over the driv
ing compartment.
New Ford Sunliner convertible
with a transparent plastic panel
inserted in the top over the front
seat to provide overhead visibility.
Four new power-operated driv
ing assists: Power brakes, power
steering, 4-way power seat, power
lift windows.
Fordomatic transmission.
"The two new Ford engines for
1954?the Y-block V-8 and the I
block Mileage Maker Six?were de
signed expressly to lead their re
spective fields and have been under
development for the past six
years." L. D. Crusoe, vice-presi
dent, Ford Motor Company and
general manager of Ford Division,
said.
The new I-block 115-h.p. Mile
age Maker Six also is a modern
high-compression, low-friction en
gine. It rates 14 horsepower more
than the 1953 Ford Six and. like
the Y-block V-8. it is an "over
square" engine?that is the diam
eter of the cylinder is greater than
the stroke of the piston.
Matching in beauty the new in
terior trim, the 1954 Fords have a
new astra-dial speedometer mount
ed on top of a new control panel
almost at eye level and easily seen
through the steering wheel. The
semi-circular glass dial of the
speedometer has numerals which
are illuminated in the daytime by
light passing through the trans
parent hood at the back of the
speedoometer. At night the dial
face is illuminated from beneath
by hidden lights.
At each side of the base of the
speedometer are jewel-type turn
indicator signal lights and in be
tween these lights is a high-beam
headlamp indicator.
The control panel itself is orna
mented with an engine-turned fin
ish and contains the instrument
controls plus lighter, radio dial
and clock. This year the ammeter
and oil pressure gauges are re
placed by red .warning lights which
flash on when the generator is not
charging or the oil pressure is low.
By adding four new power-oper- j
ated driving assists as extra-cost
optional equipment on its 1954
cars. Ford is bringing to the high
volume field all the driving aids
once found only in the high-priced
cars.
These include Master-Guide pow
er steering of the hydraulic, steer
ing-linkage type which reduces
steering effort up to 75 per cent:
Ford's Swift Sure power brakes
which reduce pedal pressure effort
up to one-third; 4-way power front
seat "which raises or lowers ln4
inches and moves back or forth 4' i
inches by means of two powerful
electric motors and power-lift win
dows, which open and close auto
matically at-the touch of a but
ton. Fordomatic full*' automatic
transmission, which Ford calls tIn
most versatile automatic drive ]
ever built and Ford overdrive,
which reduces engine speed 110 per
cent while road speed is unchang
ed. also will be available in the ]
1954 Ford models.
Sgl. Overton Completes
Course At Ft. Benning
Sergeant First Class Loyd V.
Overton, husband ol Mrs. Florence
Marie Overton, of Wayhesville,
has graduated from The Infantry
Center's Chemical, Biological and
Radiological School at Fort Ben
ning. Georgia.
The three-week course is de
signed to teach protective and de
fensive measures against chemical
and atomic attack.
The Great Lakes could be seen
from the moon with the naked eye.
CHARLES J. DA\ IS \\
machinist mate chief I e
son of Mr. and Mrs. t
Hazel wood, and husl ar ll
former Mary Evelyn (f
Hazelwood, recently i? it
the Navy. o
Chief Davis, a vet.er, s
Pacific Theatre during M
II. is attached to Air?
Squadron 22 at the N.u;l
lion. Norfolk V'a.
I
I <J$nfWtnicin^ |
J THE OPENING OF OUR NNDyW I
f ilirisimas ilua J
Here's the easy way to have the money you wilt im|
Christmas; money for jrifts. for taxes, or for yeaiJj
penses. Join the weekly-payment class that best ?|
purse and purpose; put in a little each week; receinl
stantial Christmas check next December.'
' '? " ? ' . " ' ? ' ' . ' ? , ??
Simple, isn't it? I5ut it's the surest way we know 1m
for a Merry Christmas and a debt-free New Year.
Pev Each Week Receive Early
. For 50 Weeks Next December
50c 525.00 '
$1.00 $50.00
$2.00 $100.00
$5.00 $250.00
The
First National B;i
Organized 1902
Member Federal Deposit Insurance Corporation
FIRST SHOWING
WEDNESDAY
The New I
1954
FORD
BEFORE YOU BUY ANY CAR. I
COME IN AND SEE THIS GREAT I
NEW FORD! I
Three Lines To Choose From.
MOTTINGER MOTOR CO. \
202 Haywood St. Dial GL <>*j
I
Waynesville
DRIVE IN
THEATRE
Children Under 12
Admitted FREE
Show Starts At 7:00 I\ M.
MONDAY, .IAN. I
"White Witch
Doctor"
(In Color)
Starring
SUSAN HAY WARD
KOHKRT MITCH I'M
?ALSO?
News and Cartoon
?
TI ES. & WED.,
jan. :?& a
"The Master Of
Ballantrae"
(In Color)
Starring
KRROI, FYLNN
Color Cartoon
v 0
THURSDAY. JAN. 7
"The Girl Who
Had Everything"
Starring
ELIZABETH TAYLOR
FERNANDO LAMAS
Seleeted Short Subjects
?
FRIDAY, JAN. 8
"Loose In London"
Starring
i LEO GORCEY and
r THE BOWERY BOYS
5 Color Cartoons
PARK
Theatre Program
MON. & TIES..
JAN. I & :?
' HERE'S THE 3-D
YOU HAVE HEEN
< WAITING TO SEE!
"Devil's Canyon"
(In Color)
Starring
VIRGINIA MAYO
DALE ROBERTSON
#
WEDNESDAY. JAN. f?
"Northern Patrol"
Starring
K1RBY GRANT
? Plus ?
Selected Short Subjects
?
THl'RS. & FRL,
JAN. 7 & 8
"Flight To
Tangier"
(In Color)
Starring
JOAN FONTAINE
JACK PALANCE
Strand
^lUedt/ie
mon. * TUES.,
JAN. I & 5
DON'T MISS
Gary Cooper
Rarbara Stanwyck
IN
"BLOWING WILD"
WED.. TH1HS. * FRI.,
JAN. 6. 7 & 8
"FLAME OF
CALCUTTA"
Starring
DENISE DARCEL
PATRIC KNOWLES
?ALSO?
Shorts - -Cartoon ? News