Newspapers / The Duplin Times (Warsaw, … / Oct. 27, 1983, edition 1 / Page 16
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^ (Son ^ a i I , g ^ / Jo* Lanier it seems there is one store in town that always has plenty of customers ? the local ABC store. When times are good, you take a drink to celebrate and when times are I* b id. you take a drink because you are depressed and can't celebrate. . However, plenty of customers and good sales apparently d. not always mean profits ? least ways sufficient profits. The Kenan^ville ABC store had sales of $283,796.06. However, the store was only able to pay its stockholders, the town of Kenan^ville, $3,850. Duplin County gets 45 percent of the profits, so the county was paid $3,150. A total of $7,000 was paid out to the county and town. This is not a gooo profit for the town of Kenan^ville, $3,850 on sales of $283,796.06. . .A brief run-through on the operation. . .On the sales of $283,796.06. the liquor cost $171,813.64. The State pulled $52,440.18 right off the too for it? - - ?t ?n that leaves a gross profit for the store of $61,057.97. Salaries, lights, heat, and store operations took another $42,316.67. The net income listed in the audit amounted to $18,449.03; however, only $7,000 was distributed to the town and county. Quite frankly, 1 would think that if the store could not pay the town at least $10,000 a year, the town should seriously consider closing it. The store has an inventory and cash on hand in the amount of $65,000 and the property, building and fixtures would be valued at enough to make a total investment of $100,000. A return of $3,860 on an investment of $100,000 is a poor return. The ABC store owns itself. The town does not. However, if the store were to go out of business, the town would take over the property. If the town were to invest the portion of money owed it, the money in'mventory and the bank, there is little doubt that the town would come out in as good shape as it does now ? and it would have a building for a new town hall. . .If it were to stop operation right now, the town would get the building and land and $42,571.27 in cash ? which doesn't seem like a bad deal. The county's portion of the split would amount to $34,831.04. At the present time, the town and county split of the profits is 45 percent to the county and 55 percent to the town. In this instance, it seems the county is profiteering itself right out of business. With the new DW1 law in effect, it is predicted the sales of alcoholic beverages will decline. . .So, with sales declining, the state, county, and employees taking their share from the already dim profits, the justification of an ABC store in Kenan^ville may be short-lived. . .Less than $4,000 on an investment of $100,000 is not justifiable. Even the federal government doesn't loan money that cheaply. *???? Speaking of the new DWI (Drjving While Impaired) law, volunteers are going to have to be careful where they volunteer. . .They might be mistaken for the community work crew of those convicted of DWI. I can just hear it now . . ."Did you see so-and-so at the park with that hoe working around the shrubbery. . .1 didn't know she drank" . . ."One of those DWI workers, she is.". . Son-of-a-Gun . U.D.C. MEETS The John lvev Thomas ctiapter of the United Daugh ters of the Confederacy, met with Mrs Ida Miller on Sept. 26 with eight members and three visitors present. Mrs. Miller, president, called the meeting "o order. Mrs. Lou Kenne i w as in charge of the ritual followed by the Lord's Prayer. Mrs. Miller led the pledge to the U.S. flag and salutes to the N.C. and Confederate flags. Following the roll call, the minutes of the last meeting were read and approved. Copies of the Confederate Courier were distributed. The president read a letter from Belle Oliver Corell con cerning Footprints, a history of the UDC memorial at the U.S. Air Force Academy memorializing in 1959 Lt. Gen. Claire L. Chennault. The chapter also received a letter concerning the Wolfe Angel fund. Mrs. Carment Reavis, dis trict director, read a poem, "The Greatest Gift" after which she stated the aims of UDC and gave helpful sug guestions for the next district meeting which will be held in Beulaville in the spring. The assistant district director, Mrs. N.C. Magnusen, also attended the meeting. I he program on General John Bell Hood was given by Mrs. Irene Carroll. Following the business session, refreshments were served by the hostess and included chicken salad, car rot strips, apple rings, potato chips, crackers, pound cake, tea or coffee. Lodln* DIAMOND EARRINGS PENDANT $17C?< V. c. Earring* . 1/9 V4 C. EniEont ^295^ 110 N. CENTER SI MOUNT (HIVE m. >M HW ? wttMkit/Kw For all your life insurance needs, call: m 11 a?I ?? I D.L.Scott Rt. 2, Scott's Store Mt. Olive. NC 28365 Phone: 658-5222 raraHNi Highway *11 Pink Hill 5M-3310 IK^ll NATIONWIDE I I V INSURANCE N??ionwido It on your aid* NAboowKte Mutual insurance Comwmv Nationwide Mutual Fire Insurance Company I Nationwide LrM insurance Company ? Home ottice Columbus Ohio I 1 , Jae^serveTHE RKJHT TO L ^^^y^^lREOISTER FOR* OVER^SOOJM^ QUANTITY -** * *?* t' -?MM*-'^U^iU,!?>tVt^N?/ lT.*^-,N GROCCR|E$ AN|) pR|ZES _ fO BE GIVEN AWAY. f WHOLE OR RIB HALF SLICED FREE PORK | LOINS ?1.19..I LOIN HALF '1.29L.I % PORK / > SLICED I SB, LOIN '1.49J I CENTER CUliW I [ PORK CHOPS *1.69.,J i fresh i I SPARE RIBS *1.19i.| boneless I SIRLOIN STEAK '2.49J old hickory I BAR-B-O '1.69?| ebbssjjsi john morrell 12 oz. iktiwjhdll golden smoked ? ?john morrell iiikwifcilfci1in buffet ?FRANKS 79' HAM lb.*1.89|I i john morrell john morrell ?BOLOGNA 89' BACON 99'| ^ 12 oz. 12 qz. m | LAST WEEK 1 I OF OUR I i anniversary i r ?kraft | ?MAYONNAISE I ot. *1.391 i dixie dew pancake ?SYRUP 24 oz. 79*1 ?comet ?rice 3 lb bag 99*1 Ikellogg's 18 oz ?CORN FLAKES 99*1 ipillsbury box ?CAKE MIX 69*1 |cooper country singles i ?cheese 12 oz. *1.19l r Iparkay lb pkg ?margarine 2/*ll i pillsbury cinnamon ? ?ROLLS 9 oz 88*1 i purex i i ?bleach gal. 69l ?old south orange ? JUICE ?/. gal. 99*1 kkinner'S elbow 7 oz. ?MACARONI & I ri I SPAGHETTI^4/*l| '^^^^fc?EPPERIDGE FARM! pT CAKE I f COOL 1 S8| WHIP I ? CHEF-BO Y-AR-DEE ? 1 iJcWBofiL] | ^ FROZEN I ISS PIZZA I I 10 oz 99c I i white 10 lb bag i I POTATOES *1.391 I RUTABAGAS 22\B| I BROCCOLI 89*1 i bunch! r T ! i COCA - COLA I | 2 LITER B ~l r-J?
The Duplin Times (Warsaw, N.C.)
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Oct. 27, 1983, edition 1
16
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