The Key West Citizen Newspaper, July 2, 1953, Page 10

a i i i Bee rH : j 4 ' & a it : | | ‘il = 3 ; ty i ct 8 it : e : af i 3 L i E = Fe EF 5 ai z Feb zo H i i H iE tie Fer & j | 6 it E Bi i [ i ft g 8 ¢ i iy rE i if +2 } *E i z g te . t i E ii re she i eRe i E EE i 2 FF, ul! fr i eye eesee ii HH E iB | i bi ui i F i i ; ie : efit ul Egit i g i g top by 13 per cent last year’s expansion of plants and equipment. Farm income will be smaller | this fall than last. Prices for most farm products are lower than a year ago. And huge surpluses of some commodities overhang the markets. Already makers of farm machinery are cutting back pro- duction schedules. Defense spending will continue high—the big hangover of appro- priated but unspent sums assures that. But some lavish military week, or even mean layoffs. Jobs will be at a peak this sum- mer, but could be a little less plentiful by year’s end. The work week may shrink, bringing down average weekly earnings from Wage increases this spring and’ © a DR. ALLEN V. ASTIN (above), di- Ni bureau after repeated tests found “no beneficial effects” from AD- ‘X2, a battery rejuvensator. Astin said that Jess M. Ritchie, of Oak- land, Calif., manufacturer of the product, stirred up “pressures” resulting in Astin’s dismissal and- reinstatement. (International) summer have been a little more! modest than in previous years. Personal incomes, rising through the first half, aren't likely to go! up much more. The pace was defi-' nitely slower at mid-year. | The cost of living—fairly stable, during the first ~half—is likely to be less galling. Rents and services may be a Jittle more costly. But food is back to a seasonal pattern —surpluses holding down prices. Clothing, shoe and furniture) prices will be held down by stiff and growing competition, although/ all three industries are confidertly| predicting good health for the rest of the year. Gasoline and fuel oil prices will’ be higher—if recent hikes can be made to stick in view of growing world-wide competition in the oil) industry. Demand is expected to, be higher in the coming months than a year ago, but production facilities are greatly expanded: Home appliance makers talk con- fidence—and watch inventories. They deny they’re approaching the saturation point on home gadgets. Air conditioners are this summer's sales leaders, Television officials count on new stations to take care of present sticky inventories. /|BIG BEN BOLT | HEV; CHAMP... WHAT'RE YOUR Retail sales gains of 8 per cent in the second half of the year are predicted in a recent poll of de- partment and ‘apparel specialty stores. Electric power expansion con- tinues. Edison Electrie Institute predicts the next four years will see an average annual gain of 11 million kilowatts in capacity. Industrial production may have hit its peak in March. But after a drop during the summer vacation ceason it is expected to hold high in the fall. : Business still isn’t convinced it} should be seeing a slump just around the corner. ___——by Dan Barry =» \ PLANS ABOUT YOUR NEXT _/ (S ON, SHERIFF TAIT LOWEEZY'S DONE FIRED ) 4 CONTINUED REDFIELD, *BUT THIS TIME ALMOST 60T KILLED BY GOME LOCAL NATIVES ——* Snes I_FEEL FAINT: THE CISCO KID. GREAT PUBLICITY VALUE TO THESE WELCOMES, M2. BOLT... DOESN'T HARM THE BOX OFRCE A B*T! »] [FAEANWHILE...SOME S00 MILES AWAY... AW, AN AINT JUMPIN’ NO — JUST WAITLL 25 COMMISSIONER Pica ul | THOUGHT This WAS A )/ Aw, come, DEMONSTRATION WRESTLING. | —by Lee Falk and Phil Davis, Bite BRINGING UP FATHER