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Newspaper
Moulton Eagle
Location
Moulton, Texas, United States of America
Date
Nov 03, 1950
Page
7
Prices for Texas farm and ranch lands reached record highs as 1949 closed, per Texas A and M College Extension Service. Acres sold were 25 percent lower than 1948 and tract sizes averaged smaller than in several years. The report notes a continued rise in values despite reduced sales activity.
Mr and Mrs C O Miculka of Smithville are spending the week in Moulton with Mr and Mrs Malvin Meyrem.
A study of a major global producer shows 1949 income of 5.725 billion dollars with over half spent on supplies and 26 percent on employees. Taxes, depreciation, and owners' share total small percentages while workers receive more than owners. Dividends rise in 1949, but overall profit remains a minor cost factor.
The ad showcases numerous 1930s to 1940s cars including Chevs Fords Plymouths and Buicks with prices from $40 to about $200. It lists Model A and Model T models plus a wrecking service 24 hours a day rental and taxi service and a broad range of used parts with discount pricing and open seven days weekly.
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