Coral Gables Riviera-Times

Friday, May 16, 1947, page 8 (of 16)

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Thrift Habit Strong Despite Savings Drop

The rate of individual savings fell sharply last year to less than half the wartime level. The latter was abnormally high, and the decline brought aggregate personal savings into a more normal relationhip with the economy as a whole. The people, however, have not forgotten the thrift lesson they learned during the war and millions of individuals and families are saving at an impressive rate judged by any normal standards. Government estimates put total 1946 individual savings at about $18 billions, representing around one-eighth of spendable income of individuals for the year. The fourth quarter level was lower, at an annual rate of about $14 billions, or around one-tenth of 1946 spendable income of individuals, reflecting increased spending for the holidays. These figures compare with the 1942-45 period when individual savings ran one-quarter or more of spendable income of individuals in each year. However, the change in conditions since the end of the war and the needs of a high level peacetime economy make the savings decline from the abnormally high wartime level a natural development. Thrift Habit Carried Thrift The $18 billions estimated aggregate individual savings for 1946 are the largest total for any year prior to 1942. This alone is considered convincing indication of the persistence of individual savings habits, but there is other and sharper evidence. Individuals and families, for example, bought around $4 1/2 billions in Series E Savings Bonds in 1946 and also were a factor in the year's sale of approximately $3 billions more in Series F and G Savings Bonds. And the regular deductions of Payroll Savings continued to bulk large in the E Bond sales. Official estimates place the number of payroll savers at about 7 1/2 millions at the year-end with deductions running at an annual rate of more than $1 1/4 billions. Savings Bonds sales, of course, are down sharply from the wartime level, and redemptions have been very high, running close to total new purchases. Still the size of the current purchases combined with the millions of individuals continuing on Payroll Savings are a significant manifestation of thrift in view of the fact that the patriotic motive, the dominant factor in wartime sales, is virtually gone as a buying force these days. Furthermore, Treasury investigators have confirmed that the people who stopped buying Savings Bonds have been saving in other ways. People Are Savings-Minded Other indications of the strength of savings habits are the rise of more than $5 billions in savings deposits during the year and the increase of an estimated $18 1/2 billions in life insurance in force in 1946 to a record total of $174 billions at the year-end. Various sampling studies disclose that the people as a whole are still intensely savings-minded. For example, the national study of liquid assets conducted by the Federal Reserve Board some months ago showed that the overwhelming majority of Americans wanted to save and that they regarded savings as necessary as ever before. And a Gallup poll, just recently made public, confirms the persistence of this widespread feeling by finding that the people's No. 1 resolution for 1947 was: "Save more money, budget more carefully."

Newsmen Tap U. of M. Co-Ed

Winner of the University of Miami "Newsman Beauty of the Semester" contest is vivacious Colleen Delaney, daughter of Mr. and Mrs. E. J. Delaney, 1316 S.W. 2nd Avenue. Miss Delaney won over seven other contestants at the time of the first annual Journalism Dance May 10 at the Floridian Hotel, Miami Beach. The affair was sponsored jointly by the Greater Miami Professional Chapter, Sigma Delta Chi and the University of Miami Fourth Estate Club. Miss Delaney is a member of Delta Zeta sorority and was chosen "Sweetheart of Alpha Sigma" fraternity earlier this year.

St. Pete Plans Beauty Pageant

St. Petersburg - With 11 contenders already entered and 10 others being selected to represent various cities in the state, more than 20 talented and beautiful girls will be competing for the title of Miss Florida during the Miss Florida pageant at St. Petersburg, June 1-2, it was announced last Saturday by Bill Carter, pageant chairman. Miss Florida will be given an all-expense paid trip to Atlantic City by the Florida Junior Chambers of Commerce where she will compete with other state winners for the title of Miss America of 1947.

CORAL GABLES Sports

BY IRENE ERICKSON A good thing is usually "hard come by," and best to keep around. So it is with "Jason." Tickets being sold out days in advance of the first two nights, popular demand is bringing the sophisticated comedy back again Monday night for an encore so those of you who couldn't get in the packed houses have a last chance. Cy Washburn's Orchestra will continue to entertain between acts. Boys Tee Off Boys 17 and under will compete for the Greater Miami Junior Golf Championship when the tournament begins May 26 on the Granada Course. Eighteen-hole qualifying rounds will be played and pairings made in each flight. Attorney Melbourne Martin is donating a trophy, while Charles Miller will give prizes. Flipping a coin last week gave the golf ball to Mrs. Julia Green after she and Mrs. Rosamond Jordon tied at 96 in the weekly tourney. George Gaudet will have the tennis courts sprinkled at noon each day to set them in readiness for the evening matches. It seems when the green granite gels imbedded into the clay, it will come up after a heavy rain or after being sprinkled thoroughly. Racqueteers Active The tennis tourney is moving with the men's singles now in the third round. Draw card standings were: Ted Slack d. Bob Paige, 6-0, 3-6, 6-2; Gerald Morales d. Al Laney, 6-2, 6-1; Dick Bell d. George Corrigan, 6-3, 6-1; Jack Waters d. Warner Daniels, 6-4, 4-6, 6-1. In the quarter finals A. P. "Buz" Bismarck defeated Dick Bell, 6-3, 6-3. With the women's singles in the first round, Joan Craig defeated Beth Froehling, 7-5, 6-4, and Marge Gowin defeated Dorothy Williams, 6-1, 6-1. In the boys' singles Billy Larson defeated James Sandberg, 4-6, 7-5, 6-3. Finalists in the girls' singles are Joan Craig and Suzanne Hefner. Suzanne defeated Beverly Craig in the first round match, 6-2, 6-2, and Jerry Brigham in the semi-finals, 6-4, 0-6, 7-5. The latter was an upset because Jerry was a seeded player. Peter Lowe's rhumba - samba course must have been gone over "big," because those who got started in it just want to keep on going. Plans are being made for a summer course. Bridge Trophy Winner Trophy winner in the Monday night duplicate bridge sessions was Mrs. Annabelle Wilson, while the trophy in the Thursday afternoon duplicate games went to Mrs. Ralph Block. Mrs. Wallace S. Foulks' name will be engraved on the trophy kept in the Club, as she was the year's high player in the contract tournament. For a bigger and better Club: Tuesday the remainder of the new green chairs for the patio were lined up outside in rows, waiting to be placed among the older chairs and tables. Bigger, Better Bar Rumors have it that extensive alterations to the present bar facilities will soon be started in continuation of the original plan of club improvements. Before the summer is over plans to make a real barbeque pit out of the present outdoor pit should have materialized. The new one will rotate mechanically and roast anything from a "squab to a steer," informed circles say. Club Calendar Friday, May 16-Rotary Club Luncheon, 12:15 p.m., Civic Room. Contract Bridge, 8 p.m., Card Room. Redland High School Dinner and Dance. Theatre Group Business Meeting, 8 p.m., Granada Room. Saturday, May 17 - Regular Club Dance, 9 to 1 a.m. Sunday, May 18-Dinner, 6 to 9 p.m., Music. Monday, May 19 - Duplicate Bridge, 8 p.m., Card Room. Tuesday, May 20 - Kiwanis Club Luncheon, 12:15 p.m., Civic Room. Ponce de Leon Class Day Banquet, 6 to 9 p.m., Ballroom. Contract Bridge, 2 p.m., Card Room. Wednesday, May 21 - Lions Club Luncheon, 12:15 p.m., Civic Room. Regular Club Dance and Buffet Supper. Thursday, May 22 - Duplicate Bridge, 1:30 p.m., Card Room. American Legion Auxiliary Luncheon, Red Room. Rotary Club of Miami Buffet Supper.

Mini-Cars to Race At Eustis Meet

Eustis-More than 75 miniature race car enthusiasts will gather in Eustis May 25 for a state championship meet held under the auspices of the Eustis Model Club. This will be the second big race meet to be held in Eustis this year. The first was a national meet, staged in connection with the annual February 22 celebration, at which time the present world's record of 122 miles per hour was set by W. T. Thomas, Jr., Daytona Beach.

THIS IS WHAT YOU SAID!

In the Editor's Mail THIS IS WHAT YOU SAID! Editor, Riviera-Times: I want to burst into your correspondence column if I may with a notion that has occurred to me of late, in spite of my fear of offending some of your readers and given your permission, I should put it like this to evoke interest from the start: Tell me, gentle reader, 'just between ourselves, have you plighted your troth lately, if you understand what I mean. Oh, don't hesitate to confess, it is no longer any great 'secret. Some of the best people do it and it is said that many teenagers indulge in it quite often 'and with a different boy friend each time. Human nature being what it is we cannot expect otherwise. But reader, this plighting of troth is getting too common and ought to be stopped before it gets running wild and it must be said that the parents are the ones responsible, Take up any society page and you will see pictures of half a dozen demure females looking as if they didn't have a secret in the world, and down below in the news items you can read that Bar-bara Sinclair Stanhope and James Montgomery Rogsmith plighted their troth at a gay party given by Mrs. Frederic Van Rensellear Stanhope at her residence on Stanhope Boulevard. Then, by way of afterthought, cocktails were served and the young couple expect to be wedlocked very soon. Let us hope so. Out of Date Now, I don't object to private engagements being publicly announced but I do object and strenuously to this infernal practice of calling it a plighting of troth. Nonsense. The expression harks back to the Jane Austin age and even farther back to the Shakesperian age and has no place in the language of modern times. What it originally meant was a sacred and solemn agreement made between two families in the presence of witnesses pledging the marriage of heirs at a future date, perhaps years from then. It was really a barter and sale arrangement to assure continuance of the breeds and perpetuity of the property rights involved. The term today is effete and obsolete and has no place in the present generation and in this country of ours least of all. Society editors should look up its history and cut out the banality of calling every marriage engagement a plighting of troth. It makes me tired, D. A. REID. Editor, Riviera-Times: Florida-The Sunshine State-is primarily interested in merchandising sunlight. "Sunlit hours" are of such a premium that in many states, even during the longest days of the year, time is advanced one hour. We Floridians, engaged in the business of selling sunshine and its accompanying advantages, should, in my opinion, create our own year-round "Florida Time" by permanently advancing our time by one hour. Such action by the citizens of Florida would create an invaluable promotional aid for the merchandising of our year-round recreational advantages of "fun in the sun." Our customers and ourselves could have greater utility from our "sunlit hours." Permanently advanced "Florida Time" would eliminate the seasonal controversy and confusion of moving from one time to another. It would simply establish "Florida Time" in the same recognized categories as Eastern Time, Central Time, Mountain Time and Pacific Time. Promotionally acute Floridians insist that Florida must lead the nation with its State promotional program. Our partnership with the sun suggests to me that Florida should be the first to greet it each day of the year. The advantages of "Florida Time" justify the temporary inconveniences of adjusting ourselves to its schedule. Very truly yours, J. T. LARIMORE, P. O. Box 2100. Editor, Riviera-Times: This is clean-up week. Couldn't we have your cooperation-at the rear of the Riviera-Times, which has been an eye-sore and a poor example for a long, long time! A WELL WISHER. (Ed. Note: Yes, And shame on us).

Mileo PHOTO SHOP

Everything for the Camera ENTHUSIAST AND PROFESSIONAL REVERE 8MM. CAMERAS AND PROJECTORS LEICA 3C - SUPER IKONTA SPEEDGRAPHIC 2 1/4 x 3 1/4 Complete Camera Repair Service ALL PHOTOGRAPHIC SUPPLIES PHOTOSTATS Mileo PHOTO SHOP 2103 PONCE DE LEON BOULEVARD CORAL GABLES 34, FLORIDA

Marketing with Marjorie

One of my pet theories is that more families would eat better breakfasts if we homemakers would get more variety into our morning menus. So how about serving a different kind of fruit or cereal, or eggs fixed a new way tomorrow morning? Bet your family will sit up and take notice... and "seconds"! CEREAL STARS Some like them hot and some like them cold, but I find that everybody at my house likes delicious SUNNYFIELD CEREALS. That's okay with me because they're mighty nourishing and thrifty. Versatile, too... as you'll see from the package recipes. Try them! You'll find many varieties at your A&P! BRIGHT BEGINNER Syrups from canned fruits are rich in healthful vitamins and minerals, but I couldn't get my family to drink them till I hit on the idea of combining them with tangy A&P GRAPEFRUIT JUICE. It adds the extra zip these sweet syrups need... and extra vitamin C as well. I always keep a few cans of this refreshing grapefruit juice in my refrigerator, along with a jar into which I pour all left-over fruit syrups. THE EGG AND YOU If you can answer these questions correctly you're an "eggspert"! Q. Are white eggs or brown eggs better? A. Shell color has no bearing on quality. The breed of chicken determines the color. Q. Should eggs be washed before you store them? A. No. Water destroys the film that keeps out air and odors. Q. Why are A&P EGGS always so good? A. Because they're selected and inspected by experts and kept at the proper temperature to safeguard their high quality. THIS TAKES THE CAKE Looking for a dessert that's super-simple to make and simply super to eat? Then here's the recipe for you: Cook together 1 cup of diced rhubarb, 1/2 cup of sugar and 2 tbsps. of water till rhubarb is tender. Add 1 cup of your favorite berries, cook 1 minute and then pour over 4 slices of toasted JANE PARKER POUND CAKE ...that wonderfully fresh, fine-textured cake that comes from the A&P and tastes as if it had just come from your own oven!

Lanes of Coral Gables

Now cool... AS A MOUNTAIN TOP THIS POPULAR HABERDASHERY HAS BEEN AIR-CONDITIONED By GENERAL ENGINEERING! Lanes of Coral Gables has a reputation for doing things the BETTER way. They sell the best... they buy the best. That is why they had General Engineering design and install their new air-conditioning system. Whether you want a single room or your entire house air-conditioned... or cooled by one of the latest type Home Ventilating systems... it costs no more to have it scientifically planned and installed by skilled air-conditioning engineers. A call to General Engineering today will bring you many hours of added home comfort, home satisfaction, this summer! General Engineering Co. 119 Aragon Ave. Phone 4-6797

LAWN SPRINKLERS

Make certain your lawn won't be burned to a crisp! It will stay GREEN and HEALTHY if given if protected the modern way with a General Lawn Sprinkler System. F.H.A. Financing is offered for this type of improvement. For ... Lawn Sprinklers - Phone Floyd R. Younkin For ... Home Ventilation Air Conditioning Refrigeration - Phone Randy Miller or John Cooper Sales and Services

Do you need a GOOD PLUMBER?

Quick Service Rendered On All Emergencies Plumbing work of every description from repair work to large installations GEO. H. CRAWFORD MASTER PLUMBER Phone 48-3264 3396 Coral Way

ARVIN RADIOS $16.45

Coast to Coast RADIO SERVICE 1804 PONCE DE LEON BLVD. PHONE 4-5212

Flamingo Furniture Shop

"FINE FURNITURE MADE FINER" DRAPERIES - SLIP-COVERS - REUPHOLSTERING Flamingo Furniture Shop 123 ARAGON AVENUE PHONE 4-4880 OPEN EVENINGS BY APPOINTMENT

Painting H. Wells Watson

Painting INTERIOR - EXTERIOR - WATERPROOFING FREE ESTIMATES given at your convenience WORK GUARANTEED TO YOUR SATISFACTION H. Wells Watson PAINTING CONTRACTOR LICENSED and INSURED 1952 S. W. 22nd Terrace Phone 48-5111

LEARN TO FLY

UNDER THE G.I. BILL OF RIGHTS, MEN AND WOMEN CAN NOW RECEIVE EXPERT INSTRUCTION IN PRIVATE AND COMMERCIAL COURSES. ALL NEW 1946 AIRPLANES Block Time Rates Also Rent by Hour or Week MIAMI AVIATION FLYING SERVICE Southeast Corner of Tamiami Airport PHONE 4-3920 LOOK FOR THE FLAG

KINSEY BUILDERS, INC.

General Building Construction Complete Estimates Cheerfully Given For Any Job-Large or Small KINSEY BUILDERS, INC. W. C. KINSEY E. M. KINSEY Phones 4-7003, 48-4211, 4-9754

General Enterprises, Inc.

GENERAL CONTRACTORS NEW BUILDINGS REPAIRS ALTERATIONS AND ADDITIONS We give straight contracts only and adhere strictly to plans and specifications General Enterprises, Inc. 8336 S W. 47th Street Phone 48-6378

MURRAY'S METAL SERVICE

Screen Door Grills Buy Them Direct from the Manufacturer. MURRAY'S METAL SERVICE 4019 Aurora Ave. Coral Gables

GALLOWAY TRANSFER & STORAGE

LONG DISTANCE MOVING IN NICE CLEAN VANS -Agent Member, Allied Van Lines- PROMPT LOCAL MOVING, CRATING, PACKING PIANO HANDLING STORAGE IN NEW FIREPROOF TYPE BUILDING GALLOWAY TRANSFER & STORAGE 4104-4118 Ponce de Leon Blvd. Phones 4-3575 and 48-2503

CORAL GABLES WROUGHT IRON CO.

Metal Craftsmen 323 GRECO AVENUE PHONE 48-1421 CORAL GABLES 34, FLORIDA

WOLPERT FURNITURE CO.

FURNITURE THAT SERVES-AT PRICES THAT SAVE WOLPERT FURNITURE CO. 1200 CORAL WAY "AT 5 POINTS" (S.W. 22 St. - Corner S.W. 12 Ave.) PHONE 3-4132

CROUCH BROS. PAINTING

Tel. 4-3116 Res. 4-7202

CLARENCE WEST

NON-SKID ASPHALT DRIVEWAYS, ROADWAYS, PARKING & INDUSTRIAL AREAS No Job Too Large Or Too Small -Estimates Without Obligation- DUSTLESS - NOISELESS - GUARANTEED For Example: See the Riviera Country Club Driveway CLARENCE WEST DRIVEWAY CONTRACTOR 230 Salamanca Ave. Ph. 4-7906

ELLIS APPLIANCE CO.

RADIOS (Home and Auto) HOUSEHOLD APPLIANCES - AUTOMATIC ELECTRIC IRONS SALES - SERVICE - REPAIRS AGENTS FOR HURST ELECTRIC CO. WIRING COMMERCIAL and DOMESTIC MAINTENANCE 121 Giralda Ave. NELSON B. ELLIS, Mgr. Phone 48-5141