The Key West Citizen Newspaper, December 26, 1953, Page 5

1953 Was A Year Of War And Peace And A Bear Market In Wall Street ee . SUNDAY SCHOOL LESSON By RALPH ROGERS quarter and the scripture passag-/ “Thy Kingdom Come” Matthew ¢s describe what Jesus taught as 4:9-10, 28:16-20, John 17:18-21, |the outstanding characteristics of] Acts 1:6-8, Revelation 11:15b the Kingdom of God and his charge! Man has elways longed for the #24 commissidn to those who must perfect in a perfect world, The build it. ‘The ideal kingdom is des- lesson today gives us the sum-'cribed in Revelation and is the mary of lessons during the Past prophecy of its establishment here on earth, 24 No.@ Fir Lumber," Gumus irepresenting the beginning of the . Lord’s Prayer. They express the Strunk Lumber Lord’s ideal for his kingdom and |start with a name, the name of} 120 SIMONTON, near City ined Father who is to rule his king- VENETIAN BLINDS EXCLUSIVELY WITH The MAXWELL COMPANY © duilt to Fit Any Size Window! “Aluminum Slats Easily Removable! New With, ROLLACHEAD CUSTOM-MADE VENETIAN BLINDS Precision - made te fit your windews ON SR Ta Aceon oa} 4] ale Stocks Mostly Approach 1954 Holiday Season Slows Filing Of Warranty Deeds | Warranty deeds were slow this!was sold by the state for $460 to by Harbor Shores, Inc., to Ri K. With Surprising jweek — apparently because of the F. K. Ryce. The land was 2.3 acres, Bell and his wife, of Miami, for Bounce Ahead By RADER WINGET | AP Newfeatures | NEW YORK —This was the year ; of war and peace and a bear mar-) ket in Wall Street, | But the stocks of leading Amer-’ {jiean corporations survived it Filed In Week and approached the end of 1953 with a surprising bounce ahead. There are some 2,300 stocks of year-end holidays. The following jwere on file im the office of the for $500 by C. D, Hite to Forrest D. Hite. county clerk: Bay Bottom land off Key Vaca Eight Building to the Newkirk Realty Corp. for Subdivi $4,330, The land is in Toms Har- jbor, adjacent to Duck Key, Twenty acres of land was sold $6,500. The same sum R, Caple and The state sold bay bottom land @S, Inc., for : in. Another deed recorded the sale of another lot between the same sold parties for the same sum, was paid by H. fe to Harber Shor- cother lot-in the same The University of Miami Permits Are |Monroe. County land to Merle L. Another Harbor Shores let was |Baumgardner and Jerome M. Be- sold by John E. thea, of Miami, for $300. The following building permits onto and Chicago and San Fran. | | total since the first of the year has jjbeen less than 3 per cent. * “ were on file this week at city hall: jthe American Stock Exchange in St., build porch, $150. | |New York Plus hundreds more list-| Gerald Henriquez, 815 Waddell ed on regional exchanges at Tor-st CBS house, $10,000, Johnson lei and Curry, contractors. ag hy Seas tigate Frank Yaccarino, 922 Truman as the Stock Market with the |Ave., addition at rear, $300, | stocks owned by millions of Am- _E. Mathews, 304 Amelia St., build ericans and Candadians and trad- shed, $300. ed freeiy on the exchanges. C. Specks, 512 Williams, repairs, The value of all stocks listed for $1,000. jtrading on the New York Stock Ex-| M. Garcia, 1010 Grinnell St., car hange, for example, comes to bet-/port, $300. jter than 117 billion dollars at cur-| Mrs. E. Hemingway, 907 White- rent prices. The net decline in that head St., repair stairs, $102. T. Kelly, 1504 Laird St. CBS house, $8,000. CBS Construction That is a good measure of the Co, contractor, | \over-all stability of the stock mar- ket during the trying times of 1953. idom here on earth and whose . _,|Naturally some stocks reacted vio- also, Such behavior on the part of parents is responsible for our The Interpreter’s Bible asks the mounting record of delinquency ‘question, “‘What’s in a name?” Of\and also accounts for heartaches course there must be something in|and sorrow later when the young a name since one name is chosen|Man or young woman fails to mea- above all others. Most people are/sure up to the expectation of the Proud of their name and if it is/parent. mis-pronounced or if one might} Jesus prayed for the disciples miss entirely, how quick we are,and assured tham that they would to correct the error. Others are| given nick-names which often des- name is above every name. a Herculean task — that of chang- ently during the year and now} ‘Santa’s Helpers “receive power.” They were given) show wide gains or losses as com-| GARDEN CITY, Idaho —Santa Pared with a year ago. |Claus.called 40 times yesterday Those -individual reactions rep- jon police patrolman Thedford Ma- | resent the adjustment that the rion, his wife and five youngsters, economy ot the nation itself has | They got a three-room apartment gone through in meeting the re- with a month’s rent free. Neigh-| sponsibilities of war and the jbors installed a Christmas tree and | challenge of peace. piled it high with food and cloth- And what about the great bear ing. market? Well, we are in it now, at’ A lawyer sent a check for $100.| least technically, and we have Others gave more than $200 in cribe physical or temperamen- tal make-up or disposition of the individual, The name is important! and we find in God’s name the ‘quality’ of the eternal Spirit, or the revelation of God himself. It \is to be hallowed by us and by all! men because if we be Christian,| |God must come first. If we pray this prayer, we put God and his! name before we ask for daily bread, before we ask for pardon, jin fact God must come first if we would live. God’s name must be hallowed. In our speech, in our business, in our social relations, reverence for! God's name should be held in awe whether we worship in the street, under the stars or in a gorgeous temple. When we put God’s name above every name it will establish| the kingdom of God on earth, it) will wipe out wars, it will enable| men to find something bigger and better than money or honor, or Power for which to live and work. We speak and dream of this wonderful kingdom on earth when peace and the brotherhood of man| shall prevail in the hearts of men, yet we do little about it. If one} wanted to be a teacher, he would! have to work at it; study and train! for this important work of teach- ing youngsters, If one is to be a Christian there is preparation to! ing pagan Rome and the world. They might have asked all sorts of questions, when will this be ac- complished, just how can this sible when we have more than two hundred denominations competing for divine approval. How different it would be if all people of all churches could look upon others as Christian brothers and work in uni- ty and harmony instead of circulat- jing false reports designed to dis-' eredit them, If all churches would work together it would hurry the coming of the kingdom and it |would be helpful if we had thou- sands of such sects instead of some two hundred. No one denomination has a monopoly on Christ's love and every real and genuine Christ ian is needed to complete the mi: sion. Not only does the Kingdom need laborers, but the individual needs the kingdom of God in his heart far more. Let’s stop asking questions, we are not prophets, but we should start doing the will of our Father. Revelation says, “The kingdom of the world is become the kingdom of our Lord, and of his Christ.” This is still the Apocolyptic hope and dream of all Christians. It will be wonderful indeed when this plan is consumated, when the king- change take place and is it pos-| or contrasting ‘tapes. PHONE Us FOR FREE ESTIMATE The Maxwell Company 909 Fleming St. FINANCING —AT— MIKES PLUMBING Take Time To Pay MODERNIZE dom has come on earth as it is in} make, vork to do. The Scripture /heaven and Christ reigns in the} doesn’t say, ‘Just sit down and rest, | world forever and ever. The dis.) the kingdom will come to you,’ but|ciples accepted this fact and built rather it says “Go Ye Therefore” their lives on it as well as seek- and teach all nations, Matthew’s|ing to establish it in the lives of| Gospel ends with a claim, that all ‘others. They asked no questions. authority is given the Son in hea- \They went at the task of kingdom- ven and in earth; a commission building. “and Dr. Charles Gilkey of the Uni- Jo, I am with you always. more could we want? What more do we need? No greater opportuni- ty has ever been offered, no great- |er assurance of success can be ex- | pected, than that given by Christ |— to you. The passage in John describes the proper consecration of one de- dicated to service in the kingdom. in this vale of tears, is the right Christ here conseerates himself as relation between man and God, and & priest and as the sacrifice, It is man with man. Such a relation will @ prayer of preparation for a most usher in the kingdom ew task whih is the mis-| n every Christians. Jesus} 2 knows the weakness of human == Prison Industrv ture and so he prays for the eleven . bewildered and wavering disciples, Grows In Pa. HARRISBURG, Pa. —A_ vast jstudents about two lights off the jcoast of England. While the lights jhave ordinary wicks, each one jconsists of some 1600 pieces “of iglass but they are so perfectly re- lated that they will cast a light forty miles at sea. The kingdom He tells them that they can go out and win the indifferent, the vicious }mob that would crucify him — they could be won by. you 4nd yiprogram of expanding prison in-! and God. It takes the three-way dustries in Pennsylvania’s seven, }combination to succeed. mentum today. ! a tal y. What versity of Chicago told a group of! ‘of God which lights the way of life) state penal institutions gained mo-| 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 up- ward trend. They got their colorful names from newspaper cartoons showing bulls and bears fighting without quarter in Wall Street. The symbol grew to be a raging bull goring a savagely fighting fall. en bear. But you must look at this year’s bear market against the bi ture of the stock market. ‘one knows how the stock cracked and crashed in 1929 and continued plunging down until | 1932, That was a bear market without parallel in history. There followed a five-year bull market and another five years of bear | market 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 re- sumed. Hindsight now tells us that this year came early in January when the traditional year end rally and jthe mrket petered out. 't is difficult to select single thing that causes the mar- | ket to rise or fall in any given | Period, because you have hun- | dreds of stocks all under diverse influences and fluctuating in 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 the offsetting factor of easier gov- ernment controls on business. Mar- igin requirements also were lower- ed, enabling you to buy stocks with a smaller amount of your own cash. The effects of such develop- ments, however, never show im- mediately 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 Reds proposed swapping prisoners. There was a minor measure of re- covery from that shock before the market dropped even lower during ja period of uncertainty over the Korean truce. Again a recovery set tin only to be cut short by the most severe plunge yet, starting in mid-| |August after the Korean truce ac. tually was signed. Why did people rush to sell down? \bull market continued right on to) January, 1953. The peak of this) |the Eisenhower election boom in} SOLVE THAT THAT often pray for them, become discour: f aged if God doesn’t answer our! | Arthur T, Prasse, state commis-) cash, There were frozen turkeys, \fruit cakes, and bottles of plum jam. | A toy store opened its doors— and the children walked out with almost $100 worth of hobby horses, tricycles and dolls. i The gifts put the Marions back iwhere they were on Christmas Eve, when their house burned down, destroying everything they jowned. | * |Wall Street, “we have overdone , (this thing.” | That is when the rally started \It carried ahead with little or no jinterruption and continued longer |and went higher than any other re- covery 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 becot- ing just a memory, ROBERTS Office Equipment 126 Duval Street Phone 2.5634 Royal Typewriters | Portables and Standards SALES - SERVICE RENTALS WITH ALL- ALUMINUM tiling and his er, to Mr. and for $6,000, mother, Leona A lot in Harbor Shores was sold Mrs. David Kolle Saturday, December 26, 1953 THE KEY WEST CITIZEN Page 5 CG LISII ISS EHO ES BBs IT'S HERE! IT'S NEW! Beautiful KENFLEX VINYL TILE (vaee eee TODAY'S MOST EXCITING DECORATING NEWS cute with kitchen shears. EASIER TO KEEP CLEAN Never needs waxing ex- cept to add to its bril- liant lustre. 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Recondition, remodel or add that KOHLER extra Bathroom. We sell, service and install quality products. We'll be gled FIXTURES te give you a FREE cost estimate! 800 Whitehead Street KOHLER OF Phone 2.2031 placed on the list soon. he should. One must want to find | Wilke: ‘Poumaplvanis’senguiiien a better way of life before he tan be won, and it is the business of P/a0 is completed. Prasse said, the the Christian to make the unsaved commonwealth will have the equal want to find God. The Christian ° @9Y Prison industry program in then, must be different, must im. “¢ 2ation. Press others with his sincerity and| The manufacture of automobile determination to do God’s bidding. license plates long has been a lead. who sends his youngster ‘ia. Others include printing, the Schoal instead of taking ‘Sim, "The weaving ot coven net wool and youngster out of respect: for the/making of clothing and shoes for )Parent will obey for a time, but/Prison use. }about the time he reaches adoles-| Recently added to the program jcence he begins to reason out:have been road sign making and }some things for himself and con-'other metal working anc mattress cludes that if the father doesn’t'making. value religion anv more thon hic Others to be added are book- behavi-~ “ding, point, soap, feed and an can get a! sour. gw eo |what peace would bring, and they ‘rushed to shift their investments jinto industries that would benefit (by peace, they inted to get out 7, (Of War stocks. they wanted the ha- |ven of cash money in the bank. | | The market hit bottom in mid-| \September. From that vantage point, Wall Street analysts could |, Too many of us are like the parent)ing prison industry in Pennsylvan-'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- | of a year ago. And there was further easing in money rates, a | promise of tax reduction, and a | government pledge that thare would be ne depression. | “Maybe,” ran the thought in: KEY WEST VENETIAN BLIND CO. Awnings - Doors - Jalousies - Windows 123 DUVAL STREET TELEPHONE 2-5531