Newspapers / The Chowan Herald (Edenton, … / Sept. 2, 1982, edition 1 / Page 4
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Continued From Page 1 has been the scene of fish kills because of algae blooms. Carolina officials want Virginia to clean up tributaries of the Chowan, hoping that the problem can be eased before the water crosses the state line. The latest report comes at a good time. It will give an adequate span to study the alternatives before January, 1983, when both the North Carolina and Virginia legislatures meet. At that time a bi - state solution could be ham mered out. Gov. Hunt’s administration has made more progress than any other on the water resources management front. To dalay at this juncture could set progress back for many years. And there may not be enough good, clean water left for that luxury. Larry L. Housden Commemorative Stamp Is- Issued A new postal stamp featuring the Purple Heart was issued Friday, August third in Washington D.C. The date marks the 200th Anniversary of the medal which was originated by George Washington. To commemorate the event and to honor those who wear the Purple Heart a concert was held on Thursday, August 12 at Fort McPherson’s Hedekin Field in Ga. Members of the Georgia’s chapter of the Military Order of the Purple Heart were special guests. Among the guests honored was Larry L. Housden, the son of Kathleen Housden of Edenton. Sgt. Ist Class Larry L. Housden, the ranking sergeant of the medical detach ment at the Army health clinic at Fort McPherson, won his Purple Heart in Vietnam. In 1968 the Army desperately needed combat medics in Viet nam. He was assigned to the 9th Division and sent to the Mekong Delta. He arrived on Christmas Eve and within moments was under mortar attack. He began flying “dust off” flights bringing wounded Gls out of combat. Housden volunteered to fly aboard a helicopter came under mortar attack while being loaded. Just as the chopper lifted off, it was shot out of the air. Houston suffered a concussion, lacerations, burns and shrapnel wounds. At the Saigon hospital, he was told he also had some internal bleeding. The U.S. Army gave him the Purple Heart. A few weeks later, Housden was back in action and his forward base was almost destroyed by another round of mortar attacks. He grabbed an M-16 and fought ; alongside the infantry. For that, he won the Army Commendation for Valor. The Chowan Herald (usps 106-380) P.O. BOX 207, EDENTON, N.C. 27932 Published every Thursday at Edenton by The Chowan Herald, Inc . L. F. Amburn, Jr., Editor and Publisher, 421-425 South Broad Street, Edenton, North Carolina, 27932. Entered as second-class matter August 30,1934 at the Post Office of Edenton, North Carolina, under Act of March 3,1870 L.F. AMBURN. JR. E.N. MANNING Editor & Publisher General Manager SUSAN BUNCH J. EDWIN BUFFLAP Office Manager Editor Emeritus Subscription Rates Oue Year (outside N.C.) fli.B# One Year (in N.C.) |IM4 Six Mouths (outside N.C.) |7JB Six Mouths (in N.C.) .$7.28 Edunton, North Carolina, Thursday, September 2, 1982 Production Costs For Com Still Remain High By John Sledge President N.C. Farm Buread In 1919, as World War 1 came to a close, corn was selling for $2.03 per bushel. Although it was 1947 before it hit the $2 mark again, corn prices in 1982 have not been averaging much better. At the same time, production costs for corn are at an all time high. Such is the plight of most far mers in North Carolina and the nation in 1982 as they find them selves caught up in what some observers call the most severe financial crunch since the 19305. Very few commodities are escaping the squeeze. In addition to corn, soybeans and wheat, for example, are selling close to and below the costs of production. Although some improvement in hog prices has become apparent in recent weeks, prices received by farmers for both livestock and crops have been depressed because of abundant supplies, weakness in the economy, and sluggish consumer demand. However, farm production ex penses - including interest rates -- have continued to rise, holding down net farm income. Interest costs paid by farmers have increased sixfold in the past 11 years, rising from $3.2-billion in 1970 to an estimated sl9-billion last year. Interest expenses now ac count for 13 per cent of farmers’ total overall farm production costs, compared with about seven and a half per cent 10 years ago. Fortunately, there have been recent' indications that interest rates may be decreasing somewhat. However, interest charges are not the only farm production cost that skyrocketed during the past few years. Diesel fuel, for example, has jumped an unbelieveable 200 per cent since 1973, the year of the Arab embargo. Just a regular row-crop tractor - - which cost about SIO,OOO to $20,000 ten years ago - now sells for between $40,000 to $45,000. A large grain combine that cost the farmer about $22,000 ten years ago is priced at between $50,000 and $70,000 today. Prices for fuels and energy have more than doubled in just the past five years, while the cost of tractors and self-propelled machinery has risen 52 per cent. The farmers’ present situation is apparent when one notes that the index of prices paid by far mers rose 50 per cent between 1977 and 1981, while the index of prices received for all farm prodicts rose only 38 per cent. In fact, North Carolina and the nation probably have more farmers in financial straits now than in the past several decades. Fish Regulations Continued From Page I inches from June 1 through December 31, (not more than 25 meshes in depth and fished with float line visible and floating on the waters surface). Gill net buoys must be identified with owner’s North Carolina motor boat registration number, or owner’s U.S. vessel documentation name, or owner’s last name and initial. No gill net may be used within 200 yards of any pound net which is in use, except in the Chowan River from the mouth of Wiccacon River to the North Carolina - Virginia border where gill nets may be set perpendicular to the channel a distance of 50 feet from the outer portion of a pound net while in use. Since the financial health of production agriculture very clearly influences economic ac tivity throughout our state and nation, we simply cannot afford for agriculture to remain in its present condition. Most farmers feel that time is running out and, with commodity prices for this year’s production being especially bleak, disastrous consequences could lie ahead unless something is done very soon. What can be done? One thing we know for certain. Expanded farm export sales is essential to help reverse the decline in farm in come. There is no question that past embargoes have damaged our reputation as a reliable supplier of farm commodities to foreign nations. It is urgent that our government realize that selective embargoes are destructive to American agriculture and the nation as a whole. It is time for Congress to start taking positive trade action. A properly funded Commodity Credit Corporation export credit revolving fund, for example, will do much to develop new markets, despite irresponsible Japanese and European Community trading practices. As an organization, Farm Bureau recently urged the use of Export-Import Bank funds to finance U.S. farm exports to Mexico, a country that is in a severe financial crisis. One hopeful sign' in the trade area is the recent one-year ex tension of the U.S.-Soviet Union grain trade agreement, under which Russia agrees to take a minimum of six million tons of U.S. grain. Farmers are to be commended for their efficiency and ability to supply the food and fiber needs at reasonable prices for this country, as well as much of the world. However, because of present surpluses, some restraint may be necessary to bring supply more in line with demand. In line with this need, Congress included a paid land diversion program for wheat, feed grains, and rice in the 1983 budget reconciliation measure. There can be no question that agriculture in this state and the nation is in serious trouble. There Developing Continued From Page 1 contractors and handy men, whatever they may need. Both Lee and Gieseke anticipate a surge in the construction in dustry over the next few months. Gieseke said, “Edenton has been good to us both over the years and we look forward to doing business here in the future. Next to L&G you will find Parker Monument Sales which was formerly located on Badham Rd. The new facilities not only include a sales office as they had at the Badham Rd. site, but also has a shop at which they may work on the mounments. The new location offers Parker Monuments a lot more opportunity for business as they can also use their equipment for minor sand blasting jobs. A1 Ward has opened his garage next to Parker Monuments. Ward has never advertised his services but has always done a brisk business since he started working part time at his business. The business is now a full-time job and Ward is working harder than ever. His garage is built so that it can handle not only cars but also all sizes of trucks up to the legal height. Dixie Auto Parts has also moved into the same area but it is located next to Terry Jones. Mobile Homes. The owner of Dixie an ticipates no major changes in his stock or business but there will be ample parking for his customers. The owners of the business that have moved when asked “why” would answer that they needed to build at Mexico Rd. because it was the only property near Edenton that they could expand on or as A1 Ward put it “one of the big reasons to build here is that it was the closest commercial property I could get to town without having to pay an arm and a leg for it” are no easy answers, and the solution will require the best thinking and input of all farmers. The time is growing late. Swain Students Perform Play The students of Ernest A. Swain Elementary School have responded to the Edenton Chowan School’s Superintendent’s call for courtesy. The very first day of school Swain’s Student Council held a {day entitled “The Greatest School on Earth.” The play was a series of skits arranged around the idea of a circus in which the students acted out scenes the ideal of courtesy for the purpose of in troducing the Superintendents goals to their fellow students. The next week two of the members of the student council reported their feeling on the goal. Brian Rascoe, the president of Swain’s Student Council, reported on the more technical side of what courtesy plans were being made at Swain, including manners at meals and toward elders, dress code and the raising of the American Flag at several locations near the school. Jim Blount also reported on how being courteous would effect the individual’s life. Jim said,“lt’s a good idea. It will help you not to get into trouble with your parents and others. “It will also show up in your reputation because your actions are read more than a Bible” Jim continued. He related a story about a liar who grows up and seeks a job - when others are asked about him they tell the prospective employer that he was a liar and thus the person does not get the job. The general concenses of both members of the student council was that being courteous would help them to become better students. Brian said, “I know some people from last year. I thought they were real smart but they acted badly and were kept back a grade.” Additional Ownership Shares Bought WILSON-The Board of Com missioners of N.C. Eastern Municipal Power Agency (NCEMPA) has voted to close on an additional 16 per cent of its Storage Plan Is Recommended RALEIGH—State Agriculture Commissioner Jim Graham today urged farmers to leave corn in the field, where possible, instead of harvesting it immediately to avoid discounting for moisture content. “The best storage a farmer can have at this time of year is leaving his corn in the field,” states Graham. “Os course, in areas which could be affected by hurricanes, a farmer should weigh the risks of delaying harvest.” Most grain dealers in the state discount com prices received by farmers if the moisture content rises abore 15M> per cent. This year, farmers having their com discounted one and a half cents for every half per cent of moisture the com contains above the per cent moisture mark. “The com field is the greatest natural drier for com in the world, and a farmer can possibly in crease the value of his com crop by leaving it in the field longer to remove more moisture,” he said. “However, he should take into consideration whether he can afford to leave his crop in the field, or whether he needs the cash flow a harvested and sold crop would bring. Farmers also need to keep their eye on the com market; they do not want to leave their crop in the field only to have the bottom fall out of the market when they harvest and get ready to sell.” ■lToo Late To Classify BIG YARD & BAKE SALE Saturday, September 4th 8 A.M.-Until DRINKS & HOT DOGS Big white house on corner of Bandon Rd. going into Arrowhead Beach. Sept.2,chg. )110 North Carolina Business Index July, 'B2 -150.8 p June, 'B2- 153.4 r 170 May, 'B2- 154.6 July, 'Bl -130.3 r I®® p-FrUlmlMiy f-Rtviud 160 ~, 1987 =. 109 143 Adjuittd lor pried* and saattnal variation 140 Wachovia 135 130 oT l . 1... I I I llt 77 78 79 ’BO ’Bl ’B2 ’B3 BUSINESS INDEX The level of business activity in North Carolina declined in July, according to the Wachovia Business Index. Business Activity Shows Decline Business activity in North Carolina declined in July, according to the Wachovia Business Index. The Index registered 150.8, down 1.7 per cent from the revised June level. The Index moved downward primarily due to a decline of 0.9 per emit in price adjusted average hourly earnings for manufacturing employees. Modest decreases in non agricultural employment and the average manufacturing workweek also contributed to the drop. Moderate employment losses in both durable and non-durable goods in dustries resulted in an 0.3 per cent employment decline in the manufac turing sector. Non - manufacturing employment remained level in July. Contract con struction and government employment reflected decreases, while services and trade employment were ownership interests in seven generating units on the Carolina Power & Light Company (CP&L) system. Edenton is a member of the Agency. The purchase was made on August 31, using a portion of the proceeds from NCEMPA’s July 16 sale of $450-million in electric revenue bonds. The additional ownership interest will provide NCEMPA with more of its own generating capacity, reducing the amount of capacity the Agency must purchase from CP&L to provide service to its participating cities. Initially, NCEMPA issued S4OO - in bonds on April 1, then closed on 33 per cent of its ultimate ownership in the units from CP&L. By April 1983, the Agency plans to close on 100 percent of its ownership interests using proceeds from subsequent bond sales. The agency represents 32 municipal electric systems in Eastern North Carolina. Over the next year, NCEMPA plans to issue an estimated $350 million in ad ditional bonds and notes to complete its purchase with CP&L. To complete acquisition and construction of all units included in the joint project with CP&L, the agency will issue and estimated total of $2.7-billion in bonds through 1993. THIS IS THE LAW Sponsored by The Lawyers of North Carolina ; PRESENTMENTS J One of the legal terms other hand, is not suffi- J used in connection with cient in itself to bring the work of the grand about a criminal pro jury in North Carolina is ceeding against anyone, the word "presentment” A presentment is merely What is a presentment a written accusation by a and how does it differ grand jury, made on its from an indictment? own motion and filed An indictment is a with the court charging 1 finding by a grand Jury someone with the com that someone is sus- mission of a crime. The pected of nommitMiig * district attorney is then crime. On the basis of the obligated to investigate indictment the ease will the background of the usually come to trial. presentment and to sub and guilt or innooence mit a bill of indictment to will be determined. the grand jury when it is A presentment on the appropriate to do so. ■■ ■ ■ . 11 ' i virtually unchanged. The seasonally adjusted unemployment rate for North Carolina was 8.6 per cent in July, down 0.3 per cent from June. The unadjusted unemployment rate in North Carolina was 9.8 per cent in July. Unit sales of cars for the first seven months of 1982 were 16.9 per cent below year ago levels, while truck sales were down 2.2 per cent for the same period. The Wachovia North Carolina Business Index measures the level of economic activity in North Carolina on a monthly basis. Using 1967 as the base of 100, it reflects indicators of employment, production and spending in the state’s economy. All figures are adjusted by Wachovia calculated figures for ex pected seasonal fluc tuations. Schedule For Labor Day Set i The summer season formally! ends Monday with the observance of Labor Day. From September 6 until Thanksgiving on November! 25 there is an uninterrupted routine of holiday less weeks. Labor Day is one of the generally accepted holidays of the Merchants Committee of the Edenton - Chowan Chamber of Commerce. A majority of local businesses will be closed for the day. Since there is a lot of travel on the holiday, the N.C. State Motor Club is projecting a death toll of 18! persons during the 78 - hour period. The counting period at 6 P.M. Friday and ends at 12 -• midnight Monday. Labor Day is the third most deadly weekend of the seven! holidays during the year, stated! Dr. John G. Frazier,lll, motor! club president. Only Thanksgiving! and Christmas have averaged! higher fatalities over the last 12! years. Sec. of Crime Control & Public Safety Herman R. Clark has issued an appeal asking all citizens to think “safety” during! the holiday weekend. ! “This is the final long weekend 1 of summer, and the roads will be heavily traveled with many people! getting in the last trip of the; season to the beach or the; mountains,” Clark said. “I appeal to every motorist to be extra' careful during this holiday weekend.”
The Chowan Herald (Edenton, N.C.)
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Sept. 2, 1982, edition 1
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