Newspapers / The Chowan Herald (Edenton, … / March 11, 1982, edition 1 / Page 9
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The Chowan Herald SECTION B The Carofina Review-Utility Rates Continue To Rise SPIRAL ... The never «M*ng spiral of utility rate hikes continued last week as the N. C. Utilities Com mission fruited Southern Bell Telephone various rate increase options that will total almost BhniUion per year. Efforts to tag a per centage figure on the rate hike for telephone users are difficult since the changes will differ from city to city and for varying services. Still, estimates for residential customers in Raleigh suggest average increases of SB per cent. Southern Bell had petitioned the Utilities Commission for Headmaster's List Lawrence Academy is proud to announce its 3rd six weds Headmaster’s list. This includes those students who consistantly score 93 or better in all subjects. We are very proud of the academic programs of OUT Students. Fourth Grade Tammy Woodley, Max Hoggard, Ryan Swain, Glen Taylor, Harris Vaughan, and Tonya Baker. Fifth Grade Lora Askew, Amy Cobb, Reada Ellen Evans, Anissa Roberts, Elisabeth Thompson, Toni Nobles, Kim Jackson, Tres Pittman, Rinda Pack, and Shannon Alligood. Sixth Grade Chris Carraway, Jason James, Kristy Spencer, and Lynette Swain. Seventh Grade Beth Boyce. Eighth Grade Kinnan Lane. Ninth Grade Robin Spruill and Buck Spruill. Tenth Grade Lindey Chappell. Eleventh Grade Rose Baker, Mary Dee Carraway, Amy Hamilton, Susan Hassell, Jim Rasberry, and Sandy Stillman. Twelfth Grade Lynne Daniels, and Tommy Phelps, Honor Roll (those students who have earned a 90 grade average): Fourth Grade Connie Corey, Brian Hardison, Preston Harris, Melinda Hassell, Haxe Lancaster, Greg Little, Amy Pritchett, Stephanie Sawyer, Shelly Styons, Brian White, John Waters, Patty Chappell, Wendy Copeland, Louann Gay-Lord, Stephanie Joyner and Ginger Lord. Fifth Grade Adam Brown, Jenny Dunstan, Todd Edwards, Stacey Johnston, Torrey Phelps, Melanie Reel, Rex Stotesberry, Julie Lindsey, Michael Cowand, Marrianne Harrell, Michael Frank, Sheila Gunnells, Fulton Roberts, Sixth Grade Gregory Bass, Rene Collier, Don Gurkin, Nolan Kirkman, Gary O’Brien, Armistead Perry, Melissa Smith, Greg White, and Kim Yates. Seventh Grade Dee Brown, Beth Boyce, Jen nifer Gaylord, Carole Baker. Jarahnae Alexander, Chris Grimes, Mike Oliver, Brian White, Amber Can trell, Ann Jones, Molly Lane, Melissa Modlin, Nicole Swain, Geraldine Swinson, Jay Cara wan, and Carole Sanders. Eighth Grade Hope Dail, Tracy Lindsey, Salhe Ann Attkisson, Laura Huftou, and Wendy Miller. Ninth Grade Kris Barnes, Barry Cobb, Kathy Rawls, Tim Griffin, and Marin Styons. Tenth Grade ChamUee Burch, Aonahsa Carawan, Kim Daniels, Ray Phelps, Jon PoiweO, Emily Rascoe. *wi Don Stotesbury Eleventh Grade - Jan Brawn, Combe Cole, Kim EDiott, Shiri Modtin. Dawn Robertson, and Shannon Sawyer. Twelfth Grads - Todd Johnson, Pst Sawyer, Donna Darnell, Brett 2JWtI Tieivlt Tty tor, ltd Now i <>, '< -7 ' N "ii. fa*ittiithfn**-*n x .• .--'t JBdeotoo, North Carolina, Thursday, March u, 1982 increases of tm-miOion per It recent experience suggests anything, then Southern Bell will soon be hack before the Commission hr yet another boost The Commission has released figures that reveal Southern Bell base rate increases in Raleigh of only as cents from December of 1975 until February of 1900. But from April of 1901 until this month, less than a year and two rate increases later, the Raleigh residential user’s cost has risen a staggering as per cent. Only this past December, the Utilities Commission permitted both Duke Power and Light substantial rate hikes for their electricity. Two weeks ago the Com mission issued its quarterly order for fuel adjustment proceedings for die utility companies - allowing even rngner raws. CPU. now charges the highest rates of any of the “big three’’. Once when VEPCO (based in Virginia and serving only a few northeastern counties) had that dubious honor, Governor Hunt suggested that they (VEPCO) should perhaps sell their hokfings to CPU. ABORTIONS ... Since 1979, when federal assistance for elective abortions was eliminated, the state has picked up the tab for women who could not afford an abortion other wise. To qualify, the woman has to be a North Carolina resident and have a gross annual income of less than 94,300 or a family income of less than 9UOO. Gov. Jim Hunt has sup ported the state fending. According to press spokesman Brent Hackney, the governor “out of fair ness ... felt strongly about providing die money for the poor." But state-fended abor tions are no longer available in North Carolina, at least L REUPHOLSTERY AFFORDABLY PRICED. Selected upholstery fabrics 20% off Ivey Meadows Upholstery Ills N. Broad St. (Turn behind Soon) HOW DOES TOUR PEOPLES BANK IRAGROW? Fixed Rare or \&riabießare—that'sthe choice fcopies Bank offers its IRA customers. Peoples Bank wants you toget Direct Deposit from Payroll-Peoples Bank's Employer Assistance Program aUowsyou to specify sin amount to be the meet out or your retirement savings» you can [ptt the most out of your retirement * transferred from your monthly pay to your IRA. IRA-A variable rate wiH be paid based on. and will not be less than, the discounted 1 day Treasury Scheduled Deposit Plan-Establish your own payment schedule with iYopfes Rcttretnetit dub You can «>eour oil rare. The investment wiß be a Time Deposit with an 18-month maturity. For as little as $20.00 per month, you handy coupon books to make your IRA contributions along with your monthly bilk take achwirage of frits rate Direct Deposit from Checking- Peoples Bank will transfer an amount you specify from wxir cheeking account Fured Hare IRA-A SSOO minimum deposit is required and a fixed rate will be paid for 18-months on those funds A every month. new fixed rare wdl be established each month. Direct Deposit from Savings-Specify an amount to be transtei ied each month tnxn your say mg' to vent IRA Duly compounding on oUr part and regular deposits on your pan will give your IRA a snowball effect Get your IRA underway with a choice of plans. To make your Individual Retitetnent Account as convenient as possible. Peoples Bank offers lour deposit plans. Federal lent mjwvß suheametal u ahdraual fmm bvitt viuu/ Rtm-mtiu Auramh * h * * * <* not untfl July l - the beginning of the next fiscal year. The Department of Human Resources says abortion fends have been exhausted and the governor has said additional monies are not forthcoming. In the past, when budgeted monies were spent • about 91-million annually > other funds within the Human Resources Department were juggled to meet the need. Juggling fends within the departments, however, was eliminated by legislative decree last year. The governor, strapped by tight fiscal problems and already under attack from Jesse Helms’ Congressional Club over highway taxes, did not fight the prohibitive legislation - though it was aimed directly at Hie imaginative abortion fun ding. Nor can the governor be expected to try and find emergency funding for Tax Breaks May Be Claimed GREENSBORO Two tax breaks may be claimed by working parents in North Carolina who file Federal income tax returns, the Internal Revenue Service said. One is for those families who made less than 910,000 in 1981 and provided a home for a child. It's called the Earned Income Credit and is based generally on 10 per emit of earned income (wages, salaries, tips, etc.) up to 95,000. When the family’s earnings exceed 96.000, the percentage is reduced accordingly and the credit is phased out at 910,000 income. The maximum credit is 9500 and may be claimed even though the family had no tax withheld in 1981. The other tax break is called Child Care Credit and is for parents who pay to have their children cared for while the parents work abortions the rest of this fiscal year. Helms, a national leader of the anti abortion forces, would be sure to take political note. It should be noted that Jim Hum is no big supporter of abortions - but, according to Hackney simply believes that “if rich women can get an abortion, then poor women should be able to also.’’ Without trying to judge the right or wrong of state funded abortions, North Carolinians should recognize that, for the next two years, similarly im portant governmental decisions will be made on the basis of a 1984 Washington Senate race - and not necessarily on the governor’s sense of what is fair. And Jesse Helms will be doing his share of political posturing in Washington for the folks back home. But that’s politics. At least Jim Hunt and Jesse Helms or look for work. The maximum is S4OO for one child and 9800 for two or more. It is based on 20 per cent of the first 92,000 in expenses for one child or 94,000 for two or more. This credit may be used only to reduce the tax liability of the taxpayer, the IRS said. Additional information is available in Publication 596, “Earned Income Credit”, and Publication 503, “Child and Disabled Dependent Care.” Free publications may be ordered from the IRS over the toll-free phone line, 1-800-241-3860. In formation on any credit, deduction, or other tax matters may be obtained by calling the tax assistance line, 1-800-822-8800, toll-free any weekday. This phone line is occasionally monitored to ensure courteous and accurate information to the taxpayer. TKahiUhq *?*c. A fc MVffTU M. a THOMAS K. PRITCHARD ,# 615 E. Main Street k. PO. Bo* 385. Elizabeth City. N.C. 279 09 PHONI 1314179 t MARCH 14-17 - WINTER6REEN SKIING MARCH 21-26 - SKIING IN KILUNGTON, VT. MARCH 27-APRIL 3 - NATCHEZ, MS. SPRING PILGRIMAGE WORLD'S FAIR DATES: MAY 12-15; MAY 19-22; JUNE 13-16; JUNE 20-26: - AUG. 9-16; SEPT. 22-28; SEPT. 29-OCT. 2; OCT. 11-17. All accommodations for World's Foir are in Knoxville, just 7 miles from fair site. COMPLETELY LICENSED, BONDED A INSURED FOR YOUR PROTECTION SECTION B seem to act on conscience more than most politicians. You would think someone might realize that’s why those two have been so successful. Northside Auto Parts Appointed CHARLOTTE The Carolina Motor Club (AAA) has announced the ap pointment of Northside A'hto Parts as a contract service facility representing the motoring organization in the Edenton area. The an nouncement was made by Ray Hill, director of emergency road service, for the Charlotte-based affiliate of the American Automobile Association. Hill said, “We feel very fortunate to be affiliated with a service facility the caliber of Northside Auto Parts in Edenton. We here at AAA are looking forward to working with Carroll Smith, the owner, and are sure that he will provide the best possible service for our many members in this area.” The new AAA af filiate is located on North Broad Street in Edenton, North Carolina. ‘The beaten path is the safest." Latin Proverb “Lifetime Guaranteed " Mufflers Domestic Cars & Trucks *4 COO installed Lube, Oil And Filter Change Up To 5 RTS. Prem. Oil Complete Chasis Lubrication, Oil Change And A Car Plus Oil Filter Special *1 4 95 Albemarle Auto Parts R. Dillard Dixon. 11l Dixon Promoted Fidelity Financial Ser vices of Raleigh announced recently the election of R. Dillard Dixon. 111, CFP, to vice president of the firm. Dixon is a native of Edenton, a graduate of John A. Holmes High School and N. C. Wesleyan College. He is the son of Mr. and Mrs. Dixon, Jr., of Edenton. Fidelity Financial Ser vices, where Dixon is a Certified Financial Planner, specializes in corporate and personal estate planning, pension planning, and tax sheltered investments through its national broker dealer Capital Analysts, Inc. of Philadelphia, Pa. Dixon also is a registered consultant with the National Association of Securities Dealers. R. Hector Lupton, Jr., formerly of Edenton, is president of the firm. Business Activity In NC Decfines The level of business activity in North Carolina declined sharply in January, according to the Wachovia Business Index. The Index registered 149.9, down 0.9 per cent from the revised December level. The drop in the Index was primarily the result of a shorter manufacturing workweek caused in part by inclement weather during the period; a decline in manufacturing and non manufacturing em ployment; and an increase in overall unemployment. However the impact of these factors was moderated somewhat by a 2 per cent increase in average hourly earnings for manufacturing employees. Manufacturing em ployment was down 0.6 per cent with losses in both the durbable goods and non durable goods sectors. Virtually all durable goods industries reported lower employment levels in January. In the non-durable goods industries, em ployment gains in food. Some oak trees are 1,000 years oW The Human Dimension THE AGE OF RENAISSANCE AND REFORMATION 7:30 P.M. Lecture Auditorium The Lectures March 16 March 30 The Vision of Man Seas and Stars Charles H. Haws, Louis V. Nadeau. O.D.U E.C.S.U. March 23 April 6 The Trails of Faith The Brightest Charles E. SciUia. Heaven of Our O.D.U. invention Malcolm South, ECU. Spout*vied by COLLEGi OF THF ALBtMARU in cooperation with the University of North Carolina UtmNw with funds provided by the North Caroiwa Humanities CoKusuttee The Public Is Invited tobacco, and chemicals were offset by declines in textiles and apparel employment. In the non-manufacturing sector, employment was 9.3 per cent below the December level. Modest increases in trade and services employment were countered by declines in contract construction and government. The seasonally adjusted unemployment rate for North Carolina was 7.9 per cent in January, up 0.9 per cent from the revised December level The national rate for January' was 1$ per cent, down 0.4 per cent from December. The unadjusted unem ployment rate in North Carolina was 9.1 per cent in January. Unit sales of cars and trucks in January were well below year ago levies. The January figures reflect revised benchmark em ployment data and refinements in Index methodology Historical Index data has been ad justed accordingly
The Chowan Herald (Edenton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
March 11, 1982, edition 1
9
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