Newspapers / The Perquimans Weekly (Hertford, … / April 29, 1955, edition 1 / Page 2
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1 , " ,TvO V' '-. - ' . ' t'T ( i ( inital Investment On Farm ache3AverageOf$14,000 Ir.llation Is Principal . Factor In Value of l! Resources, Bejiind each" 'of the million farnV. operatorsHf el . handsr- ,aud family;, workers on United States farm, there, lies an averege: eopi- i. tal investment of about $14,000, ac i cording to the V. S. Department of Agriculture' 'economists. i vThfe amount four -times' the , j940f average per farm worker of i $3.50--is invested in land,' farm J buildjngs, livestock, an feed inven 'j tories, machinery and equipment, j- and. cash for operating expenses, It does not include approximately $5,000 per worker invested in hous- K es, automobiles, household goods, and savings. " Inflation has been the principal facto in the increase in dollar val ue of farm resources in relation to number' of workers the same re sources would have been valued at $B,006 in 1940 dollars. But two othdj developments also have been responsible for this actual increase in resources per farm worker. Farthers have bought much new machinery and equipment; they hav added to their buildings; and thejj have improved their land a grea deal. In addition, the num ber f of farm workers has been shrinking and is now about a fourth less, than in the years immediately preceding World War II. - Most striking is the increased in vestment in machinery and-equipment. Average value of equipment at tjte disposal of each farm work er today is nearly $1,900, as com pared with $200 worth of machin ery $nd equipment per worker in 194i Windlass? Toing Rising Share Of Nation Spending (A significant change; has been taking place in the way people have been dividing their spending as between goods and, services, adding to the competition for the consumer dollar that is now evi dent throughout the economy. Largely reflecting . the housing boom and record home ownership along with the uptrend in , rents, exnenditures for services have come up strongly in the last few years after lagging relative to goods during the Forties, accord ing to figures compiled by the TJ. S. Department of Commerce. Outlays for services have increased close to a third since 1950, a sub stantially greater rate of gain than in either nondurables or durable goods in the period. As a result, they now represent a greater pro portion of aggregate consumer ex penditures than in more than a decade. Breakdown of Spending Dollar Total consumer spending reach ed a record of approximately $233 billions in 1954. Its composition, as apportioned between the major categories per dollar of expendi tures, ywas about as follows: non durable goods, 52 cents; services, 36 cents; and durable goods, 12 cents. This breakdown is substantially the same as the one which prevail ed in the 1940-41 period, at the beginning of World War II. It marks the completion of a cycle in personal spending under wartime and postwar influences during which first nondurables, then dur it able goods, took an abnormally Some Significant Increases One of the particularly signifi cant increases . m the pattern of personal consumption expenditures is found in the field of health (are. Outlays for medical and dental care, hospital service, etc., nave shown a greater rate of increase than consumer rpending in general in the last few years, and are now in the neighborhood of $10 billions a year. An increasing part of tne people's medical care outlays in re cent years has been met by acci dent and sickness insurance, in the growth of which the life insurance companies have played a prominent role. ' A sign, of the times is found in the category of interest on person al debt. Reflecting record borrow ings by consumers, interest pay ments recorded in consumer ex penditures are now around $3 bil lions a year as against less than $2 billions in 1950 and only a half bil lion dollars at the end of World War II in 1945. ftv I understand Jane has hadsAer face lifted. KAty What did they do with-M hundred-horsepower wind- large part of the consumer dollar lass a . - ' based on previous standards. Up DOW T GAMBLE 1 lien Jt Ccmes to Suyin$ Paint j ; '&f fI .gg sg . . . GOOD PAINT is an investment in beauty, durability The odds ore all with, Q you when you choose, Athey's 100 Pure Paint. The beauty it gives your home and f iits perfect lasting , properties make it the. ; best, most economical ; paint you can buy; - I . & CZ to relatively recently, housing shortages and rent controls held service expenditures down to com paratively tow levels.. - Housing and household operation cbmbined are by far the biggest element' in-; expenditures for ser vices, representing around half of the total. These housing expendi tures together now come to more than $40 bHlions a year as against around $30 billions in 1950, a gain . of about .third. They represent 1 the people second biggest outlay, exceeded only by food. SCRAPBOOK WINS SECOND - Brooks Albertson of Portsmouth, 'Holy Trinity X Episeopal Church PLACE IN NATIONAL CONTEST A music scrapbook, prepared by Anne Lane, a member of tne Hert ford Junior Music Club;' was Judg ed second best in a national 'con test held last week at Miami, Fla., t was reported by Mrs. -fL M. Rid- dick, who as counselor for the local club, entered, the seraptjook inf,-the MRslAfARtetMRTSCf1 Va Robert B. Albertson of Seattle, Cemetery in Hertford. Washington and Edward Albertson. Funeral services were eonducted Thursday afternoon at 3:30 in the Christ Episcopal Church in Eliza beth City by the rector, George F, Hill. Burial followed in the I - I BURGESS NEWS Mri. Wilson v Hollowell , visited Mrs. Walton Lane Saturday. ' Pfc. Winston Lane, Jr., and Mrs. Lane( have returned to Fort Knox -ir - - f ' r - Ti 1 1 1 1 tKi age '98, Miss Marcie Albertsoli, died Tuesday night at 9 o'clock at the residence In Elizabeth City, a- ter a long illness.' She. was a na tive of Perquimans County, and liv ed in Raleigh for 10 years 'prior to moving to Elizabeth City where she lived for 70 years, t ,.' . is ; Miss Albertson was Northeastern North ( Carolina's pioneer home agent and organized Home Demon stration Clubs in three counties. Miss Marcie organized the first canning club which was a fore runner to the 4-H Clubs and the Home Demonstration Clubs and she was recruited for this work by Dr. Jane S. McKimmon, first State Home Demonstration Agent in North Carolina. SheTwas the daughter o the late Judge' Jonathan White and Cathr rine Pescud Albertson and a very active member of the Christ Epis copal Church in Elizabeth City. She is survived. 8y two nieces, Mrs. John' "L. - Shipley and Miss Mildred Albertson, both of Eliza beth pity, and 3 he'phewllltbbert' Mt'R' TELEPHONE DIRECTORY ; : ; "j goim to PkESsi j f . ...... r '. ' i. ,,'! . ....- Please check your listings in the current . 1 directory to bake sure they are correct If I you wish any change made, notify our bus iness office now. - While checking your present listings, why not also consider extfa listings, If your business deals with a variety of ser vices or products extra listings can prove very valuable. Our business office will gladly give you information on this low-cost, high-convenience service. Any Changes Desired Must Be Given To Us Before Noon, Saturday, May l4tjw . after a ten-day leave. v. Punctuality. lias been called the Mrs. Billie Edwards andMrs. Jo- politeness of kings. It's more than siah Proctor were in Edenton Mon-(that: it's plain good business, day,' , .' I " ' 4 '', Carter Dickson. 9 npWWWW4JkAJt3mvij&t0&v&'tA0i1l& -t r i . . ' . k' ' U . -'jl . it V (J n h. h- ii:" ' v X J v ' - JOHNNY MILLER, popular rqjo jfor of WTOB ioyi, ,"My 'wfc hat always used light Kan far cooking . . . and on (he fabJe iVs dark Karo (or tne, the bast-fasting eating syrup of 'cm all11 ' Yes, indeed... biscuits go like hot cakes when y you pour on plenty of delicious dark Kara .-. . ' there's nothing like it for good eating. Satis v fyin' flavor. So rich it stands right up on top (of biscuits (keqps 'em light and fluffy). Keep t Karo on your table morning, noon and night ... it tops anything! ( . Ask your grocer for DARK Karo, In pint and quart bottles ji Ppf1 3 Fro Ammtffs leading truck builder comes a ivhole truckload of new. advances that mean big savings in hours, dollars and driving effort on your hauling or delivery jobs. And they're ready to go to work for you right now! 1 Introducing new styling in trucks! The first trucks with fresh, functional styling that fits your job! Two new designs are offered. v 2 Six new "high-voltage" engines! r . With a modern 12-volt electrical sys- , tem for quicker, surer coloVweather starting-and'-pther new jadvances. 3 A cab that's got everything! Including a new Sweep-Sight wind shield, and Higtt-Level ventilation, new softer cab seat. . New 18,000 lb. T max:G.VW.! Get this hefty capacity in new 2 . teeners and get real savings on ton mile operating costs! - T More durabU frames V of standard width! , These new 34'width. frames have ; toner parallel -side members for grtaUr rigidity and durability. I.':rtfGrd Hardware & Sunnlv Co. .. JHONE 3461 -:- HERTFORD, N. C. j, t L T Power Steering U for att models! Cuts fuming effort up to 80 per cent . . . cushions road shock, tool Op tional at extra cost on all models. 7 New Overdrive! Truck Hydra-Malic! New Overdrive, optional or) W4on models at extra cost. Hydra-Matic, on V4-, - and 1-ton models. ; 8 Tubetess tires standard ' ' on Vi-ton models! - ; ? ' Greater protection against a NowoutT ' You get this latest tire advance at no extra Cost on Vi-ton modelsl . Q Power Brakes standard S on 2-ton modelsl Increases driving ease and lafetyf Standard on 2-ton models - extra' cost option 00 atl . others. - , ' J ' Come, in and tee the newest thirf"t ht trucks t P 1 . 1 7: . . . i Hollo w.e II vi' 1 e;ft :. Co & r rht! ; ' in Phone 2151
The Perquimans Weekly (Hertford, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 29, 1955, edition 1
2
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