Newspapers / The Chowan Herald (Edenton, … / Jan. 13, 1983, edition 1 / Page 9
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Thursday, January 13, 1983 N.C. Agricultural Economic Report Introduction The year 1982 has turned out to be an unusually tough year for North Carolina farmers. The following year end summary and brief outlook discussion explores some of the influences on farmers. Many factors have contributed to problems ex perienced by North Carolina farmers. Most of the primary causes of economic distress are beyond the farmers con trol and many have been generated many miles away. Some of these factors merit further discussion. Influences of International Economy In recent years North Carolina farmers have found their prices more and more influenced by international trade developments. The cur rent nearly world-wide reces sion has created many inter nal economic problems for the nations that are our prin ciple customers for exports. These nations have attempted to limit imports entering their countries in order to stem the outflow of much needed capital. At the same time, the strength of the dollar has ef fectively raised the cost of United States goods to inter national customers. As a result 1982 has been the first year of decline in dollar value of agricultural exports since 1975 when a modest decline occurred providing the only other break in the string of yearly increases that had started in 1969. United States agricultural exports are estimated to be $39 billion in 1982 after peaking at $43 billion in 1981. Domestic Economy The current recession is cutting into domestic con sumption prospects for agricultural products. With unemployment rates running over ten percent and many of the jobless reaching the end of their benefits, red meat sales are especially affected by lower effective demand by consumers. The length of the current recession has forced many consumers to alter their consumption patterns to a greater extent than "‘in" previous recessionary periods ■ • - FEATURING BlPGoodHch jRBJSL AM lineo/long-mileage. idMa Kiel-saving radial tires lot naammw** f/Sk UItWJBR It JH lUV passenger car*, vans. "MWlaa oonuruenon /MB UIIWSCi (l SB lIH “o*ll truck*, and lorn, Mmoemconw* jjjjitjSS vehicle* UNign *«*)*( tl EEBSIHiMI Man • Fri. Dixon Logging Co., Inc. 7:00 AM 5:00 PM Rt I. Boi 310 Edenton. N.C Sat 482-8960 482-3301 7 00 AM 12 :00 Noon Hoe mounting with Purehaae mi m wmmmmm z*s mm - Twin Bed Sheets. $2.98 Men’s Vests */2 Price All Men’s, Ladies', Boys’, Girls’ Coats Reduced! Cuthrell’s Dept. Store downtown edenton DELCO FREEDOM BATTERIES L&jgk new low --Bern prices SAME HIGH QUAUTY AC-Delco is the way to go. * * ~ -* 0 W Popular-size Detco FreedomH I w Batteries are alao available with Genera) MOM Corooration top poet terminals. Creywood Oil Company ESI " Just Sov Charge it I" Now With 4 Locations To serve You. *c. ▼ _____________ ' r- —i Inepection Coke *»•.. Sdenton Do*mt*w*i nyaeirtfi US S 4 Syraeo. Soper _ 402-7401 . t ,, maw | tssjoss i BIWTireCo. Washington St - Williamston,792-4149 l». ■»swswi' s i .a-l !■ im*&m**£mm****&*&**m*m+ —»*■*■*■ - fl »» . * 11 ** of shorter duration. Many merchants are reduc ing prices earlier than usual in order to move large burdensome inventories. While overall year end holi day buying will obviously result in increased activity, the competition for the con sumers limited dollars will be fierce with resulting sales probably somewhat disap pointing to the economy watchers. Recent reductions in in terest rates have stimulated home buying and some con sumer durable purchases. However, the economy re mains essentially stagnant and recent statistical in dicators have caused many economists to further extend the date when they expect the much awaited" economic recovery to occur. U.S. Agricultural Economy American agriculture entered the 1982 season with extremely large carryover stocks of major commodities such as wheat, corn and soy beans. A rather weak diver sion program was offered by the Reagan administration which failed to achieve any substantial acreage reduc tions for wheat and feedgrains. As the wheat harvest began and later in the fall when corn and soybean harvests began it was very obvious that we had a major problem of another large crop. Emergency storage was used to save the bountiful crop as farmers watched prices plummet. Livestock prices have generally been disappointing in 1982 with the exception of pork where farmers saw a substantial increase in prices in the second half of 1982. The number of market hogs on United States farm (December 1, 1982) was 10 percent below a year earlier. This was only after farmers had cut back dramatically on production after having taken a terrific beating for several years with low prices. The pattern that was set by these conditions was to have a large influence on the Nortl{ Carolina farth economy iif 1982 and will also carry over into 1983. N.C. Agricultural Economy In 1982 Farm Cash Receipts from North Carolina farms declin ed to $3.9 billion in 1982 after reaching a record $4.2 billion in 1981. Farm Cash receipts represent one of the most direct measures of what the farmer sees for his effort at the time he sells his products. Total Farm Income will also fall in a corresponding man ner from $4.8 billion in 1981 to $4.5 billion in 1982. A more crucial measure of the farmers well being is Net Farm Income which indicates what is available to spend for various needs the farm fami ly may have. The combined impact of lower Farm Cash Receipts and increased pro duction expenses really had a dramatic impact on Net Farm Income. Last year (1982) Net Farm Income is estimated to drop to $750 million, nearly one-third below the 1981 level of sl.l billion. The decline in 1982 farm cash receipts and net farm in come occurred even with larger crops of major North Carolina commodities such as corn, soybeans, sweet potatoes, and wheat. Low prices more than offset pro duction increases resulting in smaller receipts for corn, soy- Yam Commission RALEIGH—The 21st An nual Meeting of the N.C. Yam Commission, Inc. will be held January 19th and 20th, 1983 at the Royal Villa Hotel and Con vention Center, Raleigh. Registration will begin at 10 A.M., January 19th with the first session to begin at 1 P.M. President James Bardin of Wilson, will preside as the afternoon program begins. Features of the program will be marketing of sweet potatoes, reports on the Yam Commission’s activities and the election of four directors and commission officers for 198% The Wednesday -pro gram ends with* banque£and dance. On Thursday, speakers will talk about diseases of sweet potatoes, variety develop ment and insect control by specialists at North Carolina State University. Bernard Im ming, president of United Fresh Fruit and Vegetable Association, Alexandria, Va., will speak on our North Carolina national promotion. A trade show will be held in conjunction with the meeting, featuring all kinds of products for the sweet potato grower. THE CHOWAN HERAT,n beans, sweet potatoes and wheat. North Carolina tobac co receipts declined from $1.3 billion in 1981 to sl.l billion in 1982 because reduced produc tion more than offset increas ed market prices in 1982. Livestock receipts paralleled the national trends as discuss ed in a previous section. The North Carolina farm economy is mirroring the na tional farm economy in 1982 after an unusual year in 1981 which saw an increase in North Carolina Farm Cash Receipts while many southeastern states had severe declines. This year we were unable to buck the trend that swept across the nation agriculture. Lenoir College KINSTON-The official Winter Quarter enrollment at Lenoir Community College reached 1,767 students, or 50 below the official total Winter of 1,817, Dr. W. Preston Emerson, dean of the Student Affairs Division, has reported. The total includes 431 in col lege transfer, 252 special students, 697 in the Technical Division and 387 in the Voca tional Division, Dr. Emerson stated. The breakdown by groups showed 1,187 whites, 572 blacks, eight of other racial or ethnic origin and 15 from out-of-state. A majority of the students come from a 10-county area but 30 other countries con tribute from one to five students each. Lenoir County leads with 1,188 students and Greene ranks second with 147 students. Jones and Craven counties tied for the first time with 82 students from each. Pitt County sends 65 students, Wayne has 44, while Duplin has 41, and Onslow has 20. The other major counties are Carteret and Wake counties with 11 each and Wilson and Cumberland with five students each. Four counties produce four students each—Beaufort, Brunswick, Nash and New Hanover. Those with three Students each gre Bladeig Edgecombe, Martin and Pamlico, while Chowan, Jac son and Johnston each has two students. Those sending one student each are Catawba, Durham, Gaston, Gates, Halifax, Harnett, Hert ford, Iredell, Lee, Mecklen burg, Orange, Pearson, Rock ingham, Rowan, Warren, Washington and Wilkes. Winter quarter is tradi tionally the lightest of the three major quarters, although the summer sessions serves from 900 to 1,000 students on an average. Pre registration for Spring Quarter—one of the heaviest of the year—will begin January 31 with continuing students being pre-registered during that week, acting Registrar Diane Hill stated. Battery Blankets A lot of American car owners will be sleeping easier because their car batteries are tucked into blankets of their own. fag Easy to install battery blan kets help batteries retain full power throughout the night. Need A Summer Job? 115 State Government Interships Available Thought about a summer job? If you’re a college student from Chowan County, home for the holidays, you may already be thinking about your plans for this coming summer. If so, you just might be eligible for one of 115 state government internships which will be available in 17 different state departments. Students will work for 10 weeks, beginning June 1 to August 5, and earn approx imately $l5O per week. In ad dition to a 40-hour work week, students attend weekly seminars and tours to learn more about state govern ment. Most internships are in the Raleigh area, but some are available in other areas of the state. To be eligible for an intern l CHEV * OLET Q mSfi- TAKING^CHARGE!! ! I »£, ,‘ 1983 PLAYOFFS “ 111 WASHINGTON ■ JANUARY 22 -23 X X MINNESOTA \. JANUARY 30 n>/ \ * U DALLAS \ n Y \ SUPER BOWL A LOS ANGELES / LI S>x / * I I NEW YORK \ / A |ty y y ♦ SAN DIEGO PI L.A. RAIOiKS WASH.NGTONKDSKINS L J No. Homo Poo. No Nome Po. No Name Pot. ♦ 2Miller K 45 wnife CB 71 Puet2 T h No. Noma Poo. No. Nome Poo. No. Nemo 3Moseley K 47 Williams, G. CB S 72Manley OE 6 Wilson QB 36 Davis, M. S 54 Peterson LB * yeS B 50 Kutom LB 73May T I I Guy P 37 Hayes CB 55Millen LB 7Theismann QB 51 Coleman lb 74 Starke I lOßahr K 39W1111S «B 56Barnes LB *Holly QB HOlkewicz LB 76Mendenhall de 16 Plunkett QB 42 Jackson CB 58Squirek LB riOwen QB 53 Bostic CG 77 Grant DT M M|2oWatts CB 44 Owens * aoMarsn G » Lavender CB ££ r ‘ >n ,®" CB 78McGee DE 121 Branch WR 45 Davis, J. CB 62Kinlaw DT 21 Nelms FS 55 Kaufman LB 79 Liebenstem de I P A 23McKinney sCB 46Christensen TE 65Marvin G 23Jordan CB “Lowry (-® «oSeay WR r n 126McElroy S 48 Hill S 66Sylvester CG 2»Murphy FS 57“ H °* CB 81 Monk WR LJ 27 Hawkins RB 49 Taylor RB 70 Lawrence T SOGiaquinto !Ih? s,er ,- I 84 Williams, MTE L J ■2B Montgomery WR » Dolby C 73 Browning DE 32 Dean, V CB 63 Dean, F G 85 Warren TE I LI 31 Jensen RB-TE 51 Nelson LB 74 Reese DT 38 Harmon RB «Bufz D I 86Didier te *32 Allen RB 52 Romano C 75 Long DE 39Wonsley “Jacoby TB7 Brown wR fe 33 King RB S3Martin LB 76Muransky T 40Jackson “Grimm G 88Walker te 34 Pruitt RB 44 Riggins RB 69 Brooks DT 89 Garrett wr ■ k NSW YORK JITS MINNfSOTA VIKINGS MIAMI DOLPHINS *T"* ***' , *“"* 7 Danmeier P °!,' No. Nome p„. I I I ,« o!-n y on ?? Alexander G 8 Coleman P 55Studwell lb 1 0ro V _ Z 57Stephenson C | M A | ‘IST*" T G 9 Kramer QB 56 Huffman C G ,^? nS f 58 Bokamper DE tfcr 62Pellegrini C G 11 Wilson QB 57Sendlein LB 'OSfrock QB 59 Brudzinsk, lb ■ 'f Rammey P 65Fields CG 12DIIS QB 59Blair LB 11 Jensen QB 60Toews G ■ X JIJSSjJSf C gi 70Waldemore GC 20Nelson RB 61 Hamilton g U ,0 2? ley 21 61 Fos,er GT H Ji!f5 N sz So 71 Luscinski T G 21 Bess CB 65 Johnson, C DT 22 Nathan RB 63 Dennard C • sen HZfrl 22 Radwlne RB 66Tau”h Neal £6 64 Newman G ■ 27Johnson S-CB 73Klecko DE 23 Brown RB 67Swillev r 31 HiM RB 67 Kuechenberg G B 2. Ray o.f 74Salaam DT S 68 Rouw g “Vigorito RB 68Laakso T B Ml 29 Lynn CB-S 76 Rudolph DT-DE 27 Turner CB 72 White J dt 33 Diana RB 70 Barnett DE ■ I 31 Berber FB 77 Neil DE DT „ ESSd 73Elshfre df 37 Franklin FB 73 Baumhower DJ ■ I 35 Augustyniak FB 78 Bennett DT DE 29 Swain CB 75HoMoIyav nl 40Kozlowski S 74 Green T 38 Floyd SKR 79 Powell T jlp.JjSn t talker CB 75 Betters DE L J J?H«rMr° RB KR ffaffk.. qb 22Galbreath RB 77Mullaney DE J? C^alT >o<> ' L RB LB L J I I 42 Harper Ro KR 81 Gaffney QR 34 Vouno pa 78 Rilev t 43 Cowan RB 79Giesler j I LI 44 Newton FB 82Shuler TE 21 no 44 Lankford CB 80 Rose TE LI *45 Crutchfield FB 83Berkum TE 5?, ?B 80LeC«tnt wp 47 Blackwood, G S SlCefalo WR fcT 47 Holmes CB 85Walker WR CB BlsJn»r 48Small CB 82Harris WR 48 Schroy S 86Alvers TE « S 49Judson CB 83 Den Herder DE X 50 Crable LB 87$ohn WR KR JJn£os 1 BJwMn II 50 Gordon LB 84 Hardy te 51 Buttle LB aacoombs TE Sjlemon LB 85White S wl sJshu " LB 85Duper W R V 54 Blinke LB 89Jones WR "mSST G 87Lewls wr "Hester LB 86 Lee te S6AAehl LB 99 Gestineau DE SiSSSI'2 |2 aaMcDole WR 55 Rhone LB 89 Moore WR I^l 57 Woodring LB «Johnson, H. LB 56 Bowser LB L | GREEN BAY PACKERS SAN DIEGO CHARGERS DALLAS COWBOYS L J He. Name Pes. Ne. Name Pas. N*. Name Po. No. Nom. Po.. No. Noow Poo. No Homo Po. m. 10 Stenerud K 56 Lewis, C. LB 6Benirschke K 58Selmon LB 1 Soptlen K 58Hegman LB ■ 12Dlckey QB 58Rubens C II Luther qb 60Mcknight C G UHogeboom QB 60Smerek DT 16 Stechowlcz P 59 Anderson LB 14Fouts QB 62Macek C 15 Wright, B QB 61 Cooper T V 17Whitehurst QB 63Jones DT lßJoiner WR 63Wilkerson G lßCarano QB 62Baldlnger CG lecampbell QB 65Hallstrom G 21firooks RB 64Loewen GT 20Springs FB 63 Titensor CG R BM| 21 Jolly FS 67Swanke TC 25 Cappelletti FB 66 Shields T 22 Peoples FB 64 Ratferty CG ■ ■ 1 MLee . CB 68Koch T 26Dykes CB 67White G ng MPetersen G II f N 23Warvey S 69Herrls G 27Allen CB 68Jones DE 24Walls CB 67Donovan T F I I 24 Gray FS 73 Braggs DT 28Buchanon CB 70 Washington ‘T 25 Hill CB 68 Scott G L J 25Huckleby RB 74 Huffman T 29Williams CB 74Kelcher T 26 Downs S 70 Richards G T 2* McCoy CB 75 Turner DT 30 Laird S 75Gissinger T 27 Fellows CB 72 Jones DE ■y* 20"* l,ak,r SG S JtS’tSU n I l a ,T r 22 °t 30 Newsom* RB 73 Wright, SGT LJ b 31 Ellis FB 77 Butler DE 42 Bell RB 77Claphan T 31 Bernes S 75Pozderac T k 35 Rodgers RB 78Merrlll DE 43Gregor s 79 Johnson DT «Thurman CB 76 Bethee DE X 37 Murphy S 80 Lofton WR 46Muncie RB 80 Winslow TE RB 78Du1ton DT X ■ 38 Hood CB 81 Lewis, G. TE 48 Fo* S 81 Fitzkee WR te HuntwT S 79Merhn DE ■ W 39/Meade FB 82Coffman TE 49Young,A. S 82Duckworth WR LHewhouse FB 80Hill T WR T J siz. ns szjr* 0 " w£ sssr« t» wi * "ssjv wr i SBWlngo LB 85Eppe WR si low* lb 87 scales wr 50 Rohrer LB MCosbie TE Pi 51 Prather LB 87 Thompson TE 52 Preston LB 88 Holohart TE Dickerson lb 86 Johnson WR PI I I 52Cumby LB MBuflgs WR S 3 Lewis LB 89 Chandler WR {;§ “soldi TE T J 53 Douglass LB M Johnson DE 56 Rush C T 90 Woodcock DE I* Pearson WR | 1 54 McCarren C 93Brown LB S7King LB 9lAckerman DT SSJSiM lb WDuPnhT TE h"j 55 Scoff LB 99 Young. W DT lb T I j GEORG!* i fl CHEVROLET M U COMPANY, INC. V SALES HOURS: SERVICE & PARTS HOURS 1 gL Mon.-FHB AM -5:30 P.M. Mon. - Fri.B A. M. 5P M WBff A n Saturday BAM. •12 Noon Saturday - Emergency Only I l.j ship, a student must either be attending a North Carolina college, university, communi ty college or technical in stitute or be a North Carolina resident attending an equivalent out-of-state institu tion. College and university students must have com pleted their sophomore year while students in a two-year technical program must have completed one year of study. Information about the specific projects, the applica tion guidelines and the selec tion process has been sent to career placement offices at every post-secondary educa tional institution. The applica tion deadline if February 11, 1983 and materials should be sent to the Youth Involvement Office, 121 W. Jones St., Raleigh, 27611. For more information, con tact Debby Bryant, internship Internal Revenue Service Report GREENSBORO - North Carolinians paying estimated tax have until January 17, to make the final payment for tax year 1982, the Internal Revenue Service said. If Form 1040 is filed by January 31,1983, and the full balance of tax due is paid with the return, the final installment is not required. However, in order to avoid penalty, the three prior installments must have been paid timely. A person must make estimated tax payments four times a year if their expected gross income includes more than SSOO in income not sub ject to withholding. If the Page 9-A coordinator, Youth Involve ment Office, 919-733-5966. estimated tax is expected to be less than S2OO for the 1982 year, estimated tax payments are not required. A taxpayer required to file estimated taxes must prepay at least 80 per cent of the ac tual tax liability each year. If less than 80 per cent is prepaid, a penalty may be assessed. Taxpayers now filing estimated taxes are furnished packages of forms and in structions for the IRS. This year, the packages for 1983 will be mailed between January 21, 1983, and February 28, 1983, the IRS said.
The Chowan Herald (Edenton, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 13, 1983, edition 1
9
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