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The Eagle-bulletin and DeWitt times. (Fayetteville, N.Y.) 1959-1961, December 28, 1961, Image 1

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Persistent link: http://nyshistoricnewspapers.org/lccn/sn90066439/1961-12-28/ed-1/seq-1/

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Fayetteville New York Happy New Year Cjje iEagle-bulletin anb BeMttt J}ctos-Ctme Happy New j Year VOL. 75-3, NO. 52 10 Cents a Copy THURSDAY, DECEMBER 28, 1961 FAYETTEVILLE, N. Y. 1962-What's Ahead For Us Roger Babson's Business and Financial Forecast for 1962: I am hopeful for 1962; it should be a better year for my readers than 1961, Industrial production will exceed that of 1961. There will be neither a nuclear war nor total disar­ mament in 1962. Considerable progress may be made to­ ward a b'an on atomic weapons. \ / Some 30 stocks may reach an average of 1,000 during 1962, although these will not necessarily be the 30 Dow- Jones stocks. Retail trade will make new records during 1962. In­ creased newspaper advertising, especially in colors, will be a great boon to merchandising. Commodity -prices will tact erratic during 1962. Agri­ cultural prices will be held up by legislation, but many metals will sell for less. The official cost-of-living figure will rise slightly in 1962, but there may be a scandal in Washington over how this figure is calculated or adjusted. The real increase in the cost-of-living will be due to increased wages de­ manded. The only certain shortages during 1962 will be in land suitable for parking places and waterfront property read­ ily accessible to building lots; also for automobile \grave­ yards\ near cities which have been zoned. •The building of shelters will look silly before the end of 1962. Good real estate must rise in price as the population increases. Elementary, mathematics determines the price of suburban real estate. This is notwithstanding the claim of the \space companies\ which are said to be interested in selling rights on the moon. There probably are crazier speculations. While the land on which your house now stands should increase in value during 1962, the building itself depreciates from the moment when it is first occupied. Automobile production will be the most important statistical indicator during 1962. We will gradually ap­ proach an average of two cars for every family. Auto­ mobiles and gasoline will be, increasingly, sources for raising money by taxation. These means will be extended to include an additional assessment on the manufacturers of automobiles. Our Taxes Will Go Up Taxes, as a whole, will con­ tinue to increase for every fam­ ily. Business net taxes, how­ ever, will decrease through the granting of depreciation re­ funds which can be done by executive order The manufac­ turer may greatly increase his deductions for past investments and new machinery, plant, and equipment. Douglas Dillon feels r that such tax reductions will increase the purchase of new equipment, develop greater eff i-_ ciency, and result in a net im­ provement in the employment situation. This is good news for 1962. Speculation in real estate and securities will be active dur­ ing 1962, but good children will gradually be recognized as\ the best investment. Young people will be married earlier and will want to have large families. Public education will gradu­ ally be reorganized during the years ahead. Schoolhouses -will be built as places to \park the kids\ while the parents are at work. New schoolhouses will be built so as not to be over one story high, with lots of sun­ shine. .Owing to the lack of airport* facilities and to inadequate equipment, there will be in­ creasing-, airplane accidents dur­ ing 1962. With all the above changes, plus increased - public improve­ ments, and longer vacation, per­ iods, families must save some­ how and cut somewhere. I think it will begin in 1962 with cloth­ ing. This will gradually become cheaper and more attention will be paid to color. The time is approaching when the weaving of cloth will be greatly curtailed. Clothes will be made like paper. Plastic coats are already on the mar­ ket. We will hear more about automation during 1962. But the cost of building automatic factories is so great that the change is coming slowly. Even electronics has been overem­ phasized. There need be no unemploy­ ment among steel workers dur­ ing 1962. But government un­ employment figures will remain high. Foreign competition, due to low wages abroad, will be an important factor. Labor unrest will grow in ex­ tent and power. The Kennedy administration is friendly to union leaders and their de­ mands. There will be demands for more \fringes' in 1962. A steel strike is possible. This means that with in­ creased taxes, prices of.- retail products will be higher. This will be blamed on \inflation\ of money, but.it will be due to in­ flation of living standards. The real value of the dollar will decline slightly during 1962, (Continued on Page 16) Katies Observe 50th Wedding Anniversary At Their Manlius Home Mr. and Mrs. W. E. Kane, 103 High St., Manlius, cele­ brated their golden wedding- anniversary Wednesday. Mr. and Mrs. Kane have .re­ sided in Manlius since 1912. Mr. Kane now retired was assoeia- ter for many years with Lewis and Hall, later the Manlius Telephone Co., and with E. W. Edwards & ,Son of Syracuse. Mrs. Kane is the former Eva E. Jenkins. The couple were married December 27*>1P11 at New Woodstock at the bride's horiie by the Rev. E. H. Gran­ ger. Their attendants w e r e Edith Jenkins, now Mvs. II. G. Phelps of Cazenovia and Rob­ ert Smith. The Kanes have throe dkugh- t«rs, Mrs. James A. Hickov of New Hartford, Mrs. Harold \V. Howe of Krnckville, Pa. and Mis* Barbara J. Kane of Rome, and two grandsons. Tax Cut Promised By Mayor Mayor Michael Wroim has promised Eawt Syracuse taxpay­ ers a Keal estate tax reduction as part of his 1962 municipal program. The mayor said the reduction would be the first in more than' 30 years. He also promised a perman­ ent induction in village water rates. A temporary reduction is now in effect. It is expected that it will be permanent at an early date. Programs instituted this year which will be continued in 1962 include sewer expansion, drain­ age improvement and sidewalk replacement. To be added is a program of curb replacement and repairs, claimed to be the first in more than 20 years. The mayor promised a tree planting program, expansion of the village's playground pro­ gram under the direction of the recently named municipal re­ creation committee, as well as steady improvement of all vil­ lage services. (Continued on Page 16) Teen Canteen Is Set To Open In DeWitt Church The DeWitt. Teen Canteen, sponsored by DeWitt Recreation Council Inc. at Memorial Hall of DeWitt Community Church, will meet January 5 following the basketball game. Highlight of the evening will be the in- initial use of a new juke box. The Canteen is open to all Jamesville-DeWitt High School students grades nine through 12. Season membership is 50 cents and can be purchased at the high school from the Mem­ bership Committee. This year there is a'telephone-available, number GI 6-3264. Any parent or interested person is welcome to visit the~Canteen at any time. The following officers have (Continued on Page 16) Village To Hire Engineer, Report On Sewer Needs Fayetteville will hire a sanitary engineer by Feb­ ruary 1 to make a survey of the village's*need for sew­ ers, and will submit a prog­ ram to the New York State Department of Health six months later. Mayor Wilbur Coulter an­ nounced this week that he is interviewing engineers. He will submit their quali­ fications and charges for the study to the Village Board for final approval of the engineer retained. The village is under or­ ders from the Health De- par merit to submit a pre­ liminary plan for sewers. Fayetteville has no sanitary system. Untreated sewage flows into municipal storm sew­ ers through many illegal connections fro m indivi­ dual sewers and into Lime­ stone Creek whose waters arc classified as-contamina­ ted The Water Pollution Cou- tiol Boaid prepared a lompru- henstve lepoit earhei thi> year on sanitary violation* in the Oneida RIVPI Drainage Basin. Violators include the eit\ of Oneida, numerous industries and ninny villages, including Fnyi-tteville and Manlius, the h ;i inlet o-Cia+n'csvtlle and The Manlius School. The village of Manlius has begun an abatement program thro ii g h use of a privately owned sewage treatment plant. The new senior high school will be one of the plant's largest customers. Fayetteville had not made (Continued on Page 16) Barry Is Trustee Robert W. Barry, 204 Audu­ bon Pal. has been appointed a trustee of the village of Fay­ etteville. He succeeds Mrs. Jane Gray, who resigned as trustee to be­ come- receiver of taxes for the Town of Manlius. She replaces O. Gates Gridley, who resigned after 21 years of public service. Mr'. Barry, a contractor and builder, is widely known in the Fayetteville area. He has been a member of the village's Plan­ ning Board for five years. His appointment continues re­ presentation on the Village Hoard, for the Coaklcy Manor area. Mrs. Gray lives on High- bridge St. as did her husband, the late Donald Gray, whom she succeeded. Mr. Barry and Mrs. Gray begin their new duties January 1. Mr. Barry will run for the balance of Mrs. (Jray's term at the March 19(52 election and Mrs. Gray will run for the un­ expired poi tion of Mi. Grid- ley's term in Novembei 1962. Error Ups Town Rate The expected four-cent cut in the 19(>2 Town of Manlius tax rate turned out to be a four- cent increase because of a cler­ ical error in the Tabulating Department at the court house. Supervisor Herbert L. Breck- heimer this week announced the new final town rate of $29.90, and the rates for high­ ways, health, zoning and plan­ ning and fire, light and sewer districts. Earlier Mr. Breckheimer had said the rate would be $29.82, or four cents less than this year's rate of $29.86. He based his statement on an initial re­ port from the Tabulating De- Double Feature Show At Church Twice Today A double feature holiday mo­ vie for children, \Saludos Ami-' gos—Donald Duck Visits His Friend Jose Carioca in Brazil\ and a Punch and Judy comedy will be presented at Fellowship Hall, United Church,' at 10:30 a.m. and. 2:30 p.m. Thursday (today). The Village Nursery School, a semi-cooperative or­ ganization, sponsors the event. partment which figures rates for all the towns. When the final rate was is­ sued at the court house, how­ ever, the Tabulating Depart­ ment said it had made an error and instead of four cents less the rate is four cents more. Mr. Breckheimer said the town would have had to pay $1,700 in current funds to hold the rate at last year's figure, $29.80. The highway rate is up 27 cents, the health rate is the same at 19 cents, .zoning and planning is $1 22 compared with 05 cents. The Fayetteville, Man­ lius and Minoa fire rates are the same at $1.50 each. Judd Cunningham At Home After Surgery Judsan E. (Judd) Cunning­ ham, general manager of Fay­ etteville Village Sales, is at home, 112 Euclid Dr., recupera­ ting from surgery which he underwent at New England Baptist Hospitial in Boston. Mr. Cunningham went to the I^eahy Clinic in Boston two weeks ago and the surgery fol­ lowed. He is reported as re­ covering satisfactorily.

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