Page 5 of 10 Aug 1955 Issue of Burlington Hawk Eye Gazette in Burlington, Iowa

Burlington Hawk Eye Gazette August 10, 1955 Page 5 old newspaper archives

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Burlington Hawk Eye Gazette (Newspaper) - August 10, 1955, Burlington, Iowa A always first Quality the unusually Large stocks of s i s still in the hands of the Deal Jers As the 1955 Model year nears the close will they be sold at a profit or at big discounts and on increasingly perhaps dangerously Liberal payment terms its one of the hottest debates today. \ i never before have the Auto makers turned out so Many cars. I never before have americans fought or at least signed up to pay for so Many new cars. Never before has the total of automobile instalment credit outstanding been so huge. Before world War ii americans owed 1% billion dollars on their cars. This summer they owe 12% billion. August planned amp purchased months ago. Save now unheard of purchases from our new enlarged Balcony Carload Sale of unpainted is ftps chests one time buy of room size rugs Iii i p it the Auto makers Quot and the finance companies say there a nothing to worry about. National has gone up steadily. The debt Load Isnit too heavy they say for prosperous americans to carry. And they Point out that much of the present Prosperity is due to credit buying. This boosts retail sales makes possible the High Industrial production schedules which spark the rising total of personal income. The Auto makers and the few Nance companies also Point to the Low rate of repossessions to the american habit of meeting instalment payments even when times tighten up a Little. A your Auto loan delinquencies Are at an All time Low a says f. R. Wills president of general acceptance corp. Universal c. I. T corp. Reports that since the War americans have _ financed 84 billion dollars to buy cars and have so far repaid 72 billion. In the first six months of this year 8% billion dollars Worth of credit was extended to car buyers and repayments came to 6% billion. The finance company thinks 10 million car buyers will Complete payments this yer and be driving debt Iree cars. Of genuine super. A. Ponderosa Pine from Perm Eye a own factories come these Beautiful carpets at Penney a own Price cover your floors now and do it at a savings drawer drawer hurry to our Balcony v.\. A v Quot it Ltd it to a drawer tremendous 15�?�x26 /2�?�x43/2�?� 5 drawer 3 sizes set up ready to use paint stain varnish do it yourself and save with Penney a Cash amp carry prices. Be on hand when the store opens at 9 00 Sharp one time savings a thick heavy Cotton Lowr Loop construction 9x12 Rug. In Beautiful decorator colors. A Candlewood no skid a slate Grey rubberized a Lawn Green Back a Honey beige no pad a yellow necessary but others Arentt quite As easy in their minds about the big Rush k this year to borrow to drive a flashy car. The Federal Reserve Board is nervous about the total of debt in All Fields and about the rapid rate at which it has been rising. Consumer debt has been growing at a great Pace. Corporate debt has been going up and Bank Loans to business have grown at a season when they usually drop. The Federal debt creeps higher stand state and local indebtedness swells at a faster rate. The Home building Boom has been fed by easy mortgage terms and the administration is now putting a Road Brake on that. Mem Lim in Mem 15�?�x26�?�x36 4 drawer 15�?�x26/2�?�x28 3 drawer plus a on Lay away special two other great buys scatter Rug buys grecian tile pattern in 15 Beautiful decorator colors 21�?� x 40�?� heavy Cotton a flow his Loop construction. Rubberized non skid j / Back. Prevents sliding. Choose 1 w 4 your size and colors to match. F j special speech teacher takes radio Job Ottumwa of a miss Meredith e Moyers president of the Iowa High school speech assn., has been appointed to the production and sales staff of television station tvo Here. Miss Moyers has taught at Ottumwa High school the past four years and formerly taught at Fairfield and Clarinda. Rayon Cut grecian tile design 9x12 room size rugs All new Rayon pile. Wears. And looks like expensive Wool. A rubberized Back lays Flat 0/1 without pad. A Grey a Green a Candlewood j a beige 9x12 room size Rug Ever popular grecian tile pattern in full 9x12 size of a y heavy Cotton Loop. Features 0 / the non skid Back in a Candlewood a Grey a Green a beige at a special Purchase Price death accidental Newton Jbv or. R. F. Freeh acting Coroner said tuesday the death of mrs. Bert Maxwell about 65, who was found fatally burned in a storage Cave at her Home near Mingo was accidental. He said mrs. Maxwell apparently went to the Cave monday to get some jars for Canning and lit a match. The flame ignited fumes from a Small Jar of gasoline which in turn set her clothing on Arm chairs thursday Friday saturday Only mutism amp m Smi Brake adjustment special regular 4.50 value this week. 11# any a make car you be seen these chairs at More than twice the Price Penney a have really gone All out to bring you the same Quality. At a Low Low Price sturdy yet lightweight. Durable steel Frame in modern Black with double legs and vertical supports for Back and arms. You la love the support of the no sag Spring seat and padded Back too. Solid Comfort. My a adjust brakes far full drum Contact a Check Brake Drums a Check cylinders and add Brake fluid if needed a inspect Dean and repack front wheel bearings a inspect front wheel lining a Road test brakes far last straight Stop Goodyear service store Fain amp Wash. Dial 2-274j Superb value limed Oak framed pictures 2%-Inch deep scoop Frame enchanting Street scenes interiors Floral. Glassed. A via x planter smoker Telephone stand perfect extra table or As Telephone table Ceramic planter Matching Ash tray. 27% inches High. Seat and Back upholstered in Pink and Black Tweed Modem styling Vinyl plastic Penney a Cash and carry prices save you Money to credit strain99auto finance companies deny w Orry by Sam Dawson new York ibo those hordes of shiny brilliantly hued cars flashing by you on the Highway Are they running on gasoline or on debt Schwengel to visit All counties in first District Washington a rep. Schwengel a Iowa leaving Washington tuesday announced plans for visiting constituents in each of the 12 counties in his District this summer and fall. He said a schedule will be made 1 Public later. Schwengel said he j planned to see constituents in each county on an appointment basis so that they can get individual attention. Reviewing his activities this season Schwengel said he received some 500 visitors from Iowa and mailed out 16.000 pieces of correspondence 19,800 farm bulletins j 3,700 booklets on infant care. Schwengel said he was absent Only three Days once to make a Lincoln Day address and two Days i because of a death in the family and answered All but 10 of the 147 votes taken on the floor. After a Brief vacation Schwengel plans to open an office at Davenport. First lady s doctor orders her to rest after Busy weekend Gettysburg a. W a presi Dent Eisenhower disclosed tuesday that his wife a physician advised her to Lake it easy and that she has been resting in bed. But an aide said the first lady is a not ill merely the presidents disclosure came As he wandered around his farm Here in a new jeep with a fringed canopy. Some visitors were on hand and the president talked of How mrs. Eisenhower enjoys their country Home Here. A visitor asked How mrs. Eisenhower was feeling. A ooh she Sall right a the chief executive replied Quot although the doctor has got her in bed. But Shell be All newsmen later asked Murray Snyder assistant presidential press Secretary about mrs. Eisenhower a condition. They recalled that she was ill with a respiratory condition last Spring and that the illness forced cancellation of All her social engagements for a time. Snyder checked with maj. Walter Tkach assistant White House physician who was at the farm tuesday and then told reporters a she mrs. Eisenhower is not ill. She is merely tired she had Burlington la., Hawk Eye Gazette wed a aug. 10, 1955 s a very Active weekend she had several guests and is just a dents in the summer than in the Spring months. Accident deaths in an average year about 3.000 More americans Are killed by save Money on your car repairs we Are now wrecking late Model Fords. Pm Mouths. Chevrolet. Nashes. Chrysler a and other makes. A motors Eghsa a transmissions a tires a body parts a rear ends see Harry wh1tf.More Thomas motor used parts 615 s. Roosevelt dial 4-7127 main Barber shop 119 South main St. Air conditioned Union shop two chair service Clyde Wright Joe Mulcahey mirrors for every purpose Jacobson Glass co. 806 Jeff. Dial 2-3688

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