The Nazareth Item

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THE
NAZARETH
ITEM
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Tit IMIl flf
VoL 46 — No. 49— 48 So. Main St., Phone 20
NAZARETH, PA., THURSDAY MORNING, NOVEMBER 11, 1937
Booit NM»r«th — Singte Copf Thtit
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i
 
Winners at Moorestown Farm Pro¬ ducts Show
A total of 179 Agricultural and Bome Keonomlu exhlblU were dla- pU|«d at thf annual Community rarm ProdtieU Show held In the lloorettown Orange Hall Saturday aftemoon and evening. ThU event, wbteh has been held annually for IS yean, ti eonduetcd by a local eommlttee cotveratlng with the Agrleultural Bxtenslon Service and U aponiored by the Nasareth Na¬ Uonal Bank and Trust Co.
Tlte Agricultural exhibits, which Ineluded potatoes, applea, com, aniall grains, eggs, and vegetables, were Judged by A. L. Hacker, Agricultural Extension representative from Le¬ bigh County The awards In the Home Economics classes, which in¬ cluded clothing and canned goods. weM made by Rose Zlto Svlrbely and P. Marguerite Erikson.
Mr. Hacker also made the awards in the 4-H potato club class, which included exhibits by 7 members. Tbe awards In this division were basid on exhibit, yield, and records kept. The plaelngs were: 1-WlUlam Setaloiel, a-Paul Schlegel. 3-WlUon Rotti, 4-Woodrow Roth, S-8terllng BilllMUner, g-Robert Edwards, and T-Min Bdwards. The average yieM for distase^free seed was 414 bush¬ els, while home seed averaged 407 bushels per acre. The records showed that tbe average number ot cultlva- ttOM was 4; that the weeder bad been used I times: and 7 appllca- ttooa o( spray applied.
TlM awards in the Agricultural BihlUle were as follows:
Class l-Mtatoes. Russet-1, Wal¬ ter Sehlegel, 3-C. W. WlUiams. 3- Amos Casner. Katahdtns, 1-Walter Schlegel, a-C. W. WUUams. Early autoes, 1-Walter Schlegel.
Class a-Com, Bure Crop, 1-Wal¬ ter Schlegel. 2- John A. Jones, 3-J. J. Heyer. White Cap. 1-Walter (Continued on Page Six)
High School Student To Be Awarded Scholarship
The establishment of a university scholarship to be awarded annuaUy to the Pennsylvania high school stu¬ dent writing the best essay on the Constitution of the United States was announced here today by Al¬ bert M. OreenAeld, chairman of the Pennsylvania Constitution Com¬ memoration Committee, in behalf of Oovernor Oeorge H. Earle.
Competition  for  the scholarship
WlU be state-wide and open to any high school student In the state, ac cording to Mr. Oreenfleld, who re ceived word of the Oovemor's plan while   presiding   at   a   meeting   of executive   members   of   the   Penn sylvanla  Constitution  Commemora¬ tion Committee at Its headquarters, (Continued on Page Five)
I
The How and Why   of the National  Unemployment Census
A nation-tvide census of all unemployed and partially un¬ employed persons in the United Statet tvlll he taken betu^een the dote« of Novemher 16 to 20, by ocf of Congrest, and at the Braction of Pretident Rooeevelt.
Here, fn qucsfion-and-ansu?er form, ia the information you Mtd to knotv ahout thit plan.
L   WBAT IS PI7BPOM Or THC VNENPLOfMINT CCNSVST
To get an accurate count of the unemployed and partly unem¬ ployed.
i   to WHOM WILL CABDt SK SSNTT To every family in the United States.
1.   ONOBB WH08C AV8PICBS IS THI CBNgVS BBINO TARENf Confren has decreed, and the President has directed, that it be taken.
A   ItTHBCBNSIJICOMPVLSOBTr
Mo. But every unemployed or partly unemployed person il urgently requested to cooperate. 9.   BOW WILL THE CBNSV8 SE CONDVCTBDf ^    ^
Through the faciUties of the Post Ofllce Department. Report Cards will be delivered to every family. Cards are to be returned %y maU to Washington for tabulation and analysis.
9.   WHEN WILL THE CENSUS BE TARENr
Cards will be delivered on November 16 and must be returned by MIDNIGHT NOVEMBER 20. They are already addressed and no postage is required.
1.   WHO aHODLD riLL AND SBTCBN CABDSf
Every person who is unemployed or partly unemployed who ii able to work and wants work.
9.   WHAT AOE LIMITS APPLY?
There are no age limits except existing State regulations concern¬ ing workers' a^es. 9.   ¦HOULD MOBE THAN ONE tiNCMPLOTED PEBSON IN A TAMILT BCTUBN A CABD?
Yes. Every unemployed member of a family should flll out and return a card, if able to work and seeking work.
IA   WBBBC MAT ADDITIONAL CABDS BB OBTAINED?
At any post office or f'-om your postman.
II.   WHISK  CAN   INFORMATION   BE   SKCVBED   IN   FILLING   OUT CABOS?
At your post ofliee or from your postman.
II.   IS TRIS CENSUS CONFINED TO AMEBICAN CITIEENSr
No. All permanent residents of the United States are included,
M.   IS TBK INFORMATION OIVEN ON THR CABOS TO BE CONSID- BBRD CONFIDENTIAL?
Yes. This information will be used for unemployment statistics only.
14.   SHOULD  EVERY   QtESTION   OF THK  CKNSUS  CARD  BE  AN- SWKBEO?
Yes. To obtain the most accurate information possible, the Presi¬ dent asks that each question be answered. Numbers 9 and 10 are particularly important. However, failure to answer some of the questions will not invalidate the card.
WBO IS AN "UNEMPLOVED" PCBSONt
A person of either sex or any color who is not working and is able to work and seeking work.
WHO IS A -PABTLT UNEMPLOTKD" PBBSONT
A person of either sex or any color with part-time employment who Is able to do more work and is looking for more work.
^IT.   ABR PBBSONS ON EMEBGENCT WOBB PBOJBCTS INCLUDED? Yes. They should register as unemployed. A neclflc question. Number 2c, is provided on the Report Card for all persons work¬ ing on a W.P.A., N.Y.A., CCC, or other emergency work project which is supported by public funds.
ll
IA
i
A MESSAGE FROM THE PRESIDENT OF THE VNrrED STATES
The White House Washington
TO BVERY WORKER
If you art unemployed or partly unemployed and are able to work and art seeking work, plc.ise nil out this report card right awsy and mall tt before midnlMlif. .Snturd.ny, November 20, 1937. No po.stage stamp I, needed
The Congress diuctcd me to Uke this ecnsu.s. It Is Important to tht unemployed and to everyone In this land th.it the census be com¬ plete, honest, and nccuiato If ynu Rivc mc the facts, I shall try to Use them tur tho bfiiclit of all wim ri'fi and want work nnd dn not now have It
rn.WKLIN D  ROOSEVELT
The 1937 Annual Farm Show
Much Interest Is manifest and preparations made both by the com¬ mittee and the exhibitors for the annual Farm Show which will be held in the Nazareth High School building on November 18th, 19th. and aoth.
This is the sixteenth year this Parm Show has been sponsored by The Second National Bank, of Naz¬ areth.
The Interest of this activity has been recognized by Journals through¬ out the State. Several thousand people visit this display every year. Exhibitors come from all over the country. Tlie 4-H Club boys and girls take particular Interest and competition runs very keen.
Special programs have been pre¬ pared for Friday evening. Besides community singing, addresses will (Continued on Page Six)
Agricultural Committee at State College
Baakers Meet With Ex¬ perts;; DscMe to Coa- tiaue 4-H Club Work aad Other Co-oaeratkia; Hear About New De- velopaieats
The annual Pall meeting of the Committee on Agrlcultral Develop ment of the Pennsylvania Bankers Assoctation and the ofBcers of the Associatton with the heads of Penn¬ sylvania State CoUege and the exec¬ utives of Its Agrlcultral Extension Department was held Priday and Saturday of last week, October 23- 30, at State College. It wos the con¬ sensus of opinion that thU meeting was probably the best and mo.st enthusia.stlc of the many that have been held.
It so happened th.it Friday w.is the fiftieth anniversary of the School of Agriculture and Experi¬ ment Station, an occasion celebrated by a lunch and afternoon meeting held In Old Main attended by sev eral hundred. Including a majority of the members of the bankers' party and agricultural experts from all over the state. Member.s of tht committee heard In the address that afternoon many things of value to their   communities.
Sessions of the committee began Friday evening In the Parrot room of the Nittany Lion Hotel, where all the sessions were held, with a dinner at 6 o'clock. Chairman of the Com¬ mittee E  B. Harshaw presided.
Dean R. L. Watts, of the School of Agriculture, delivered a very fine address on the topic: "A Dean's Viewpoint of Agricultural Problems." His address dealt largely with the need for maintaining or Increasing the agricultural population and the ways for keeping up the productiv¬ ity of the soils. In a study made of one of the central counties of the state whose population has de¬ creased he .showed that the decrease was due to farmers leaving the thin (oontUiucd on Page Three)
 •—a-	
BAKE SALE
FORKS CHURCH
Nazareth To Or-
ganize Bi-Centennial Celebration Committee
One Hundred Twenty- * Fifth Anniversary
of Forks Church
SPECIAL SERVICES — MUSICAL PROGRAM
"The One Hundred  Twenty-flfth erected  In   1812—rebuilt In   1856—
*' anniversary of  Forks Church will and the present edifice erected in
jieeelebrated on Sunday, November .gu ^ Mth,	
,.,»,..»        ^^^ Church,  In the  cen-
215 and 7mT'm ^^^V ""'« * «»""»" °» "» experience,
nLrti... "m.,,1,^ r>'t>...no.. Bh T* has given many men to the learned pS'elSr'orTelf.lo^ur^SuS °n: P™J-.ons, to the gospel mlnlst. Eastem Theological Seminary, ° »aj' '» "^^^^=1"'' «"«» «!"-f 7; ^^ Lancaster. Pa., wlU preach the ser- l'^^^^^' i° ^"^'"^^^ f'^t IL mon at the morning service. The "'^"' /° ^f ^f "^", "" " ,. nf Rev. E. V. Pfattelcher, DD., Ph. f,';"''-'; ,*"^ J" «» ^'^« ""^^^ °' D., LL. D., President of the Evan- ]'^'' ^' '^^^ ^een a rursery of ste 1- gellcal Lutheran Ministerium of '»? n^''" «"d ^'"'^f^' *="^'» '"'^'^ Pennsylvania, will preach in the af¬ ternoon.
Tlie evening service will be fea¬ tured by the presentation and caa- secratlon of chimes, the gift of the Well Worth While Society, and by an organ recital by Prof. Tiiomas E
Verger, organist and musical direc-
have gone out Into other communi- tie.s and other churches and have given their character and talent— and are giving—for the defense of tlie faith of the Lord Jesiu Christ and for the advancement of His Kingdom. The  organizations   of  the  church
tor,   Lafayette   College,   assisted  by have been engaged in the raising or
Mr   Max Oreullcii. tenor. *   suitable   anniversary   fund   as   a
•Hfiie  Rev.  Ployd   R.   Shafer,  Re- contribution    toward    the   material
formed pastor, and the Rev. Oeorge success   of   the   celebration   of   this 8. Kleckner, Lutheran  pastor,  will.One   Hundred   Twenty-fift'.i   Annl-
preslde at the servlce-s. as they did versary.
at the Centennial eek bration twen- Present and former members and
ty-five years ago.   The Forks Choir; friend> of Forks Church will crowd
Mr.   Harry   W.   Lichtenwalner,   or- her gate.s with thankful song.<i  and
ganlst and director, has prepared a fill her courts with sounding praise
fine program of music for the an- —and   Christ,   the   Oreat   Head   of
niversary. the Church will be exalted and His
...iPie   fli'Jl   church   building   was Name glorified
At a meeting of the local Chamber i of Commerce, held at the Nazareth ¦ Inn, October 19th, a resolution was spread upon the minutes that a committee of five citizens be ap¬ pointed to contact the various or¬ ganizations of Nazareth In an effort of starting the ball rolling for Naz¬ areth's 200 th anniversary celebra¬ tion in  1940.
The following were appointed to serve on this committee: Howard Shimer. William Bennett, J. .A.. Schaoflt'r. R. B. Fortuin and Mrs. C W. K. Shafer. It was announced at the meeting that every eflort will be made early to get a general Bl- Centennial Commif.ee organized so that planning may be done and plans may be ready for presentation in due time.
This is a big job for Nazaretli, but well worth while, and every citizen will be askid to co-operate and given an oppjrtunity to assist at general meetings to be sched¬ uled from time to time. It ii es¬ timated that at leas: eighteen months will be required to put flnal touches to such an elaborate program and many weeks of prev¬ ious planning required by c jmmit- tees to make the atTair a success Time being an important factor, it is hoped that a Osneral Bl-Centennlal Ccmmittee. together with various sub-committees will be organized and functioning during the coming year.
Encouraging sentiments have al¬ ready  been   expressed    by    J.    A.
Schaeffer, President of Town Coun¬ cil, WilUam Kortz, councilman, P. S- Trumbower, J. H. Fulmer, Howard Shimer and many others, favorlnj this movement and urging Immedi¬ ate steps to formulate plans for thLs gigantic celebration Naxareth merits through Its own right.
Ml
BOONOMK
kSib
HlGHLIGl
Billa of Bvorf
7.
Happeninct I'lnner Pi "
•nd Tax I	
dual.     NMloMl tional     ProDltma from Local Wtlfart.
Tlie Ladles Aid Society of the Evangelical Church will conduct a Bake Sale on Saturday, November 13. at Phillips Meat Market.
The usual line of home-baked bread, cakes, pies and sugar cakes will be for sale beginning at 9:30 a. m.
Sons of Veterans Win Prize At Middletown
Company "1", Second Regiment of the local Sons of Veterans Re¬ serves, was announced as one of the winners In the Mlddletown Armistice Day parade held there last Saturday.
The Reserves had a very busy week taking part In various parades. Saturday they paraded at Middle- town, Sunday at Lancaster; today thcy will take part in the Heller¬ town Armistice Day celebration and Sunday the entire Company will travel to Philadelphia to take part in the War Mothers parade there.
m—•	
jrNlOB C. E. SOCIETV
SUPERINTENDENn REPOIT   ON NAZAREn SCHOOLS rot OCTOBER
Medical luspectioa Re- ports Encouraginir; Teachers Visit Different Districts
Enrollment grades 1-6. 605: Junio: High School 358; Senior High Scluol 384;  total  1.347.
Percentage of attendance for the month and the term to date for all schools Is 98.
There were 1321 pupils In atten¬ dance ever>' day during the month.
AccMento-^even accident^s during September and October resulted in a loss of 16 days of schaol. Five of these were minor football injuries.
The school continues Its member¬ ship In the National Safety Council (Contlnutd en Laat Page) —•—•	
Local Resident Has
60 Years Old
vl)
Apple
The Junior C E. Society of St. John's Reformed Church held a .-ocial In tlie basement of the church on Saturday.
Games were played and prizes presented, followed by delicious re¬ freshments. There were eighteen present.
The regular nii'ctlng was held Sunday evening in the chapel with Anna Werkheiser as the leader. Stories were read and hymns were sung. The meeting Wiis In charge of the superintendent. Miss Henri¬ etta Prantz and a.vslstant superin¬ tendent. Mi .^ Alice V. Oeorge.  • •
ComingEvents
November 13 -Roasf Dt-t-f and Sauer¬ kraut supper in St. John's R-- fiirmrd Church by the local order O E S.
VrRev. H. K. Kratz/South Broad Street, has In ly/ posses.sion an apple sixty years *k1 whicii has been well preserved/with cloves.
This apple J(as been so efliv-iently preserved trat its shape remaiu.s Intact     ^^
DEADLINES FOR PENNA. FARM SHOW ENTRIES USTED
Harrisburg. Nov. 11—Entries for the twenty-second annual Pennsyl¬ vania Farm Show, which will be held January 17 to 21, are now being received at the Farm Show offices in Harrisburg. J. Hansell Prench. Secretary of Agriculture and chairman of the State Farm Show Commission, announced today.
Closing  dates   for   ontrles   In   the
MEMORIAL SERVICE
All members of tiie American Leg- Ion, the Legion Auxiliary, War Mothers nnd Sons of tiie Leglm.-. are Invited to attend the Armistice Day Memorial service In St. John's Re¬ formed Church on Sundny mornaig. November Mth.
NEEDLEWORK
GUILD TO MEET
on All
The Needlework Ouild of America will meet next Wednesday afternoon November 17th in the Moravian Church, at 2 o'clock. The speaker will be .Mrs Marjorie Landis of Betlileliem. and hi-r talk will b •••niC Child Guidance Clinic ' members aro urged to ntteiul  y y	
At'\ILI.%R¥   TO   MEET
The American Legion Auxiliary. H. V. Kncclit Unit, will hold their regular meetlnt! tomorrow evenitig. November Uth. nt 7:30 o'cliK-k in the Legion Home. S.tutli Main Street.
School Board Has Session
Condemned Portion of N. Broad St. School Bldg. Being Demolished
The regular monthly meet.ng of tlie Nazareth School Board was held on Monday e.ening of this week with all members of the Board in attendance.
The Treasurer of the Board ren¬ dered a report showing a balance of $60,973.40 on Oc-tober 1. 1937. The receipts during the month of Octo¬ ber were $10,135.10 and the ex¬ penditures $15,183.80. Laving a bal¬ ance of $55,924 70 on November l.st. Tlie Sinking Fund receipts during the month of October were $3,375. The expenditures were $3,375 for In¬ terest due October 1. leaving a bal¬ ance of $40,188.03 In the fund on November 1.
Tlie Tax Collector reported col¬ lections of school taxes during the month of October amounting to $7.876 07.
Bills aggregating $2.455 06 were approved for payment and the (Continued on Last Page)
WOMAN'S CLUB HOLDS MONTHLY NEETING
Decides To Again Sponsor Tin Can Matinee
various departments are as follows:
December 1—State project con- to-ts.
December 4—Horses, slieep. swine, beef cattle
December 6—Dairy cattle.
December   11—Poultr>.
D.'ccm'oer IB -Horseshoe pitching and   cultural   arts.
January   14—Apiary   products.
January 15—Milk, corn, small grains, potatoes, tobacco, eggs, home economics.
January 16—Baby chicks, dressed turkeys
January 17—.\ppU'v edible nuts, vegttables,  maplo ,syrup.   wool.
Space for conimcrcial ekhibitor.s has all been contracted for aud en¬ try bljnk.s In the twenty-flvo com- pptUiv;' departments are pouring In unu.sunlly early
Reports from more than thirty Stat<> Agricultural as.sociation.^. which are pl.\n:>inR to hold llieir .niiiual r.)nvciition> in Harrisburg cltiriiu' Farm .Slow wifk. indicate that .ill pri'vious aliondance records will Im' lir ikon If walli'-r condit Ims (Continued on Last Pugei
Tlie monthly meeting of the Naz¬ areth Womans Club was held on .Monday e', .M-.ing in the music room of the Niizareth High School build¬ ing. Th'j president. Miss Florence L. Nicholas pre.-ided The Club de¬ rided to a^aiu .sponsor a tin can matinee on Nov. 23. at 4 p. m . in the Broad Street Th.^-atre. the adni;s-;o:i to be one can f.ir children and two cans for adult.s The American Ho.ne department will sponsor a. movie. 'The Hou.se Tliat Ann BuUt." on Tuesday evening. Nov. 16. at 8 o'clock in the Y.MC.A., the admis¬ sion to be free
It was announced that the Ameri¬ can Home Group will have a meet¬ ing N.IV. 24. at 8 oclock nt the home of Mrs Theodore Doll, at Stocker¬ town. The speaker will be Attorney Charles Shimer. of town. His sub¬ ject will be "The Lt-gal Status of Women ' Mi~s Florence L. Nicholas and Mrs. Doll, will act as liostes.ses.
It was al.^o derided tliat at the December meeting each member bring a Cliristmas toy. these toys to be dl.-trlbuted to the children In the community.
The hospitality committee of the club will meet at the home of Mrs Floyd Wagner. Fairview street to¬ morrow evening at 8 o'clock.
After the business session, the members and euests were enter¬ tained by Mnroa Bailey, of Philadel¬ phia, in a dramatic review of "Vic¬ toria Regina." the stage success by Lawrence Hausman Mrs. Bailey's personal charm, qniat dignity and grace, tonether with a beautiful dic¬ tion, made its production a fascina¬ ting one. worthy of the most dis¬ criminating audience. I
After the program the members' and gue.-;.-. enjoyed a .social hour, with tiio following members serving as hostesses; Mr.s Charles L. Shimer, chairnian. Mr.s Jud-on Giles. Mrs. Andrew Leh. Miss Julia Crawford. Mrs Eva Swavely. Mr.v W. H Diehl, Mrs. A E Franiz. Mrs Fred T. Honeyman. Mlv^ Lena Marcks, Mrs. H, r Pohl. Mrs CaU in Nickel. Mrs. Hnvard Shimer. .Mrs. J. Allen Star¬ ner Mrs Hirnld Stu:u-r. Mrs C. K Willard. Mrs. Fred Wood, Mrs. Hlchird Griffith.
Nazareth Is Beautiful
"Ireland   Alone   CoaM   Compete
with  Naureth for its
Natural Beauty"
Thus Is the .sentiment express¬ ed by two lovely ladies fr.^m ths Cai)ltol City of Washington; and. because of their frankness and sincerity we take the liberty of publishing their letter below, be¬ lieving it to be of particular nitere-t to Nazarenes The Nazareth Item Pub Co.
Nazareth,  I'enna.
Washington. D. C. November 5, 1937 D.Mr Editor:
Frequently in our walks around this dear little town, someone will stop us and say "Why do you ladies come to Nazareth every vear from that lovely City of Washington?" and we reply, "Be- rause we think Nazareth one of the loveliest spots in the world" and they reply in the most in¬ credulous way,"you do?"
When we make this assertion we feel that we can speak with authority for we have traveled juite ext?nsively. across the ocean, through the whole length of the Mediterranean Sea to Algeria Mid Carthage in Africa. Carth¬ age IS a beautiful city, beautiful ;iowers everywhere, but no pret- ¦-ier  than  Nazareth
We stopped at the Rock of Gibraltar, which is noted for its wonderful gardens, but tne gar- :!ens of Nazareth are as beautiful. We stood at the Bay of Naples. (Ivvays lovely, but no lovelier than the Delaware and the Bu-hkiU. For miles and miles as we sailed tnrjugh the Mediterranean Sea. vve had glimpses of the siiow- :ai)p»d Alps, world renowned for tacir beauiy. bu: to us the Poconos are as beautiful
Florence. Mu:iich. Naples, etc . are all beautiful, but to us Naz¬ aieth U just as beautiful.
We crossed the Irish Sea and spent a few days In Ireland and the consensus of opinion was .;.at Ireland alone couid com¬ pete with Nazareth for Its na¬ tural beauty.
One of our favorite walks In Nazareth is up Center Street from the Hall Square, up the hill passing the lovely Moravian Cemetery, to the top of the hill ,\iuie .-tands our dear little :hu:ch. We have named this .valk   "Paradise Lane "
Two friends were walking up
Paradise Lane, Tlie  feeling  in   their  hearts
most   akin   to   pain. For where  in  all  the  whole
world  through. Is a country more  beautiful, a s'rty so blue
And w.-.en  they  reached the
top  ::f the hill Again   they   felt   that   soul-
.^tirrlng thrill. For Just above them right on tlu- crest Is   the   little   church   by   the
Holy   Pamily   blest.
And   when   they   entered   ito
sacred  jjortal They left outside all thought
of the mortal. When   their   eyes   rested  on
the Tat>ernacle door Tli;ir    knees     unconsciously
sank to the floor.
For behind that door rests the Sacred Host
In the name of the Father, the Son  and   Holy  Ohost.
Oh Sacrament most holy, of Sacrament   divine
All prai.se and all thanks¬ giving be every moment thine.
.And how we love the Nazareth Inn. our second home. We have -topped there 30 years, and with its present proprietor and his wife, always as kind, accomodat¬ ing and thoughtful, leaves noth¬ ing to be desired. Our roonus are always a bower of flowers, for the dear kind Nazareth friends give us access to their garden.s. When our long vacation Is over md we reach home, how eagerly we look forward to the Nasareth Item, which we have been Uklng for years. It tells us so interest¬ ingly of all the doings of the little town and always has some Interesting article about the early settlement of the town. No. we could not get along with¬ out the Nazareth Item.
Now will you believe us when we tell you We love Nasareth and think It one of the loveliest spoU In   the   world   to  us?
Very Sincerely, <Slgiiedi Emma O. Meyera  Washington, D. C.
by R. M. Holtr
The cyclonic disturbaneea la stock market have detraetetf tention from business and activity li^eas. A collapse that, nt (be bottom, out values to tbt tune of soaa 000,000,000 haa been far and awar the maj domestic ocewn—ee gf 1937. At thU writing, a majeittr il economists seem convinced that Mm worst of the debaele Is over. A eaty large proportton of margin SealWi were wiped out in the break. Ag Business Week puts It, "There li m limit to every downward spiral, aoO that limit seems to have been ap¬ proached In the present situation."
So far as industrial production la concerned, there has been a sub¬ stantial drop—but the drop was no> where near as severe as the drop tai stocks. In two months, shares aa • whole went down 38 per cent, deellB- ing to the late 1935 level, though OOA to the lows of 1933. In the saa* period, business activity dropped • Uttle over 9 per cent.
A few Indu'^trles—notably steel- will not. In all probability, much of their recent loases In
I duction for a considerable lantlh ef time.     Most    industries,    iMi—ia,
I hope for a good winter and aprlnf business.    The   prediction   Is this  year's  Christmas   buytng hold up well.
Some speelAc business inforanttOA of Interest follows:
COMMODmU: Dropped tA value along with securities, but te A much lesser extent. Belief la ttoat the trend in the futiue will tm slowly upward.
POWER AND LIORT: Ameriea 9 constantly becoming more compleielp electrifled with the utility Industry'a output holding to a high level New power production rec3rds have been constantly recorded. Tbe Industry'a net earnings, however, remain at practically the 1932 level, due to greatly increased taxes and higher fuel and material costs. Its political troubles, such as Federal compete tion. have not been abated, and re¬ tard  its  normal   development.
RETAIL TRADE: Has held to a high level throusiiout the country. sub.-.tantially surpassing the aae period In 1936. Slightest Improve¬ ment—3 per cent—has occurred in New 'Vork. Agrl:ultural buying Is heavy.
CONSTRUCTION:    The   rise   a
building costs has at least tempor-
,arlly stopped.   As a result, contracts
let have been rising.
I    COTTON:   Tills   seasons   exports
have been about 10 per cent ahead
j of last season's.   Domestic consump-
{tlon  has   been   satisfactory,  thougli
I not startling. Raw cotton prices have
been flrm.
I AGRICULTURE: The farmen' cash Income this year will be the largest In many years, and may touch tlO.000.000.000. The special .session of Congress has been called to consider additional farm-aid laws of a permanent rather than an emergency nature. Tlius. farmers a a whole are in an unusually happy position.
LABOR: The peace negotations between the A. F. of L. and tlie C. I O. have, as K'as anticipated, apparently broken down completely. Further Inter-labor warfare thus seems IneviUble. Also Inevitable seems more labor demands for hith¬ er wages and or shorter hours, to be .supported by strikes if employers refu-f.
! AUTOMOBILES; It Is Impossible to exaggerate the importance of th:s industry, which accounts for [nearly 15 per cent of the national ir.com? The 1938 cars are out, and I are little changed from last jrear's, [With the exception of one or two makes. Many minor, but few major improvements have been made. Prices ape higher. The prediction is for a 1938 sales record which will equal or surpass 1937. Unit profits may also be larger. Inasmuch as in¬ creases In the retail selUng prices of most cars are a trifle greater than the Increases In manufacturing co:jts. 'Independents' may make some Inroads Into the "Big Tluce" but they will be Insigniflcant, ac¬ cording to ob.servers, and Oeneral Motors, Chrysler and Pord will be the big .sellers.
PRICES: Recent deflatkinary events have caused a downeratd trend In reUll prices, espeetolly foods. Increa.sed constunpUon U the result. Thts is especially notiee- sble In the meat fleld—eooalnf prices had brought about strikes In  many  areas.
A short time aco this coluan i mented on the behalf of a of Washington writers that tto Deal is tempering Its eoura, aoi li being steered in a mace eonsenratlt* direction. Reeent eventa add SS> thority to that view.
The Presklent is talking of I balancing, and there haa been A ( down tn Federal actlvltlaa, m the relief fleld.   And tto ment of Congressmen, Wto ried by the stock coUapw, la aUy m favor of  taklnf a line.
A cmtlnuanee of thto do as mueh as anpttiint tm i business.
        
Mr. and Mra. O. M. Mr. and Mrs. PmM Pen Argyl. on Suadaf