Newspapers / The Perquimans Weekly (Hertford, … / Jan. 10, 1958, edition 1 / Page 3
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THE PERQUIMANS WEEKLY. HERTFORD, NORTH CAROLINA. FRIDAY. JANUARY 10. 1958. PAGE THREE SECTION 01 .I". ERVK3 XrlKTW. Washington Next Tuesday, January 7, the Second Session of . the 85th Congress will concene. , Nw Sesion K .jj A change in the atmosphere and emphasis has taken place iri" our government since adjournment last August 30. . Congress ilvbe gin with a fresh start tkle some of the problems that have recently caused great concern anlong the people. It is reason able to expect that Congress will return to paying more attention to fundamentals rather thanen- gaging in doubtful excursion by taxing 'up; so-called mewvcivil rights bills, .v ii-zhiiK.' t ; . Civil Rights Let up? l " ! told Jhy hometown newspaper, i the Morganton News-Herald? that v recent statements out of Washing- ton and tte Administration led trie, to hope that we may have a change of intellectual diet aihis kQsession and that we can itevote more of burr attention tar other problems,-; such as natioi de fense and the ills that pldiu' our economy. ;wm the old civil rigV bfcVresumed? " Of course, I dhot tittle know. What I say is merejftlfe , qbsfrrvation that those of us-yho v fought last year's civil rightsbill onithe basis that it would rob all : Americans of their civil rights be lieve we were right. The Ad ministration has publicly stated, through the. new Attorney Gen , &t&, .that no new so-called civil w rights -legislation will be'recc-m-; mended to Congress,' strengthen ( tag i our view. This is encourag '( ihg. . There were innumerable le gal', and .. constitutional questions involved in the bill last year, so many that some of those who sup. posed it did not know what was irr the bill. ' .It was such wrong ful legislation that even twelve of the original sponsors of the bill finally voted against its most im portant provisions. : I. feel that r considerable pro gress has been made to a reali sation that civil rights legislation V usually constitutes a perversion and prostitution of very" basic f constitutional and legal princi pfes; My mind is somewhat re i 4 if " diLf'V r New N. C. Financial , r-nr 'Tjfpp ' financiall-responsibility when getting '58 plates. Better get right with law now see Nationwide agent nearest you for perfect plan. Compare TOTAL costs his will be among very lowest Do it now! JOSEPH M. THORUD Edenton Telephone 2429 ' "''v MUTUAL INSURANCE COMPANY , .. .' HOME OFFICE COLUMBUS, OHIO To get your 1958 auto license, you must prove financial responsibility elthcf I v ISfihilitv insurance or hv posting securities. , Yorktown, Va. (FHTNC) James R. Barber, chief personnel, man. OSN, ion of Mr. and Mrs. Harry Barber of Winfall. and husband of the former Miss Charline Hill af Fairfax. Va., is pre sented a Letter of Commendation by his Commanding Officer, Navy Capi. W. P, Chilton, for outstanding performance of his du ties as inief Personneiman. He is to report to San Diego. Calif., for an 8-week course at Classification School, after which he will be made available to the Atlantic Fleet Service Force. lieved by the turn of events. Let me voice a simple wish that another bill will not be sent up and that we may be permitted to concentrate on matters so vital to national survival and preservation of our economy. Political Bills Civil rights bills are fundamen tally political bills. As such, there is a glaring inherent weak ness of supporting fact. The prob lem is not to discredit the bill but to get the attention of people to study it fully and. honestly in the light of constitutional and le gal principles. Crop Agreements To Be Taken Jan. 13 The County ASC Office will be gin accepting applications for Acreage Reserve agreements on cotton and corn at 8 o'clock Mon day morning, January 13, 1958, Helene W. Nixon, Perquimans County ASC Office Manager, an- nounced today, The Soil Bank Program, espe cially the Acreage Reserve phase, was designed to help farmers re duce surpluses of the various ba sic commodities. The signup date will begin on January 13 and .end on the 7th of March.' The Acre- age Reserve agreements will be approved on a '.'first come, first - 0 TAG is Applications For . . . CAN'T DRIVE WITHOUT 'EM Responsibilitv Law demands served" basis. To be eligible for participation in the 1958 Cotton and Corn Acre age Reserve Program, a fanner must reduce his cotton and corn acreage below his farm allotment and he must also plant within all other 1958 acreage allotments on the farm. There will be no acre age limit on individual farm sign-up. However, a $3,000 limi tation per person per farm will apply." .:-: . Notices of Acreage . Reserve payment rates for com and cot ton were. mailed to Perquimans County farmers on Thursday, De cember 26, 1957. The maximum rate shown on the' notice will be 'increased 10 per cent for any land placed in the 1957 Acreage Reserve which is also placed in the 1958 Acreage Reserve. As was announced in the early fall, each farm participating in the Acreage Aeserve Program must have a "Soil Bank Base" established before , an Acreage Reserve agreement is signed by the farmer. The "Soil Bank Base" will be the total crop acre age for the farm, based on the "farm's production history during U956 and 1957. The total harvest- ed acreage in 1958 must be re duced below this base by the number of acres placed in the Acreage Reserve. Any producer whd intends to participate in the 1958 Acreage Reserve Program I and has not completed a "Soil . Bank Base" worksheet should contact the county ASC office at once. v, . AS BAD YOU PROVE LEO AMBROSE Hertford ' 4 Life Compcnias llave$35BIonln Mortgage Loans For the first time in five years, there was a decrease in the amount of life insurance dollars newly invested in the mortgage market in 1957. Contrasted with a 1956 peak year total of $6,700, 000,000 in; new mortgage loans to property owners, the aggregate acquisition for 1957 amounted to an estimated $5,200,000,000, off about one-fifth from the previous year, according to the Institute of Life Insurance. "A cutback in the number of new hemes built and a decrease in the refinancing of properties were factors in the Recline of new investments in the mortgage fields," said the Institute. "How ever, total, mortgage holdings of the life companies rose to its highest level and are estimated at $35,200,000,000, representing more than one-third of total assets." Largely Home Loan j Conventional urban mortgages, representing loans on single or multi-family dwellings and com mercial properties, made up the largest share of mortgage.acquisi- tions in 1957, with $3,200,000,000 such loans accounting for more ! than one-half of the hew acquisi tion total. Total life . company holdings of conventional mort gages reaching a record year-end total of close to $17,900,000,000. Veterans' Administration guar anteed mortgage loans to former servicemen accounted for $850, 000,000 of the 1957 new mortgages about half the amount of 1956 ac quisitions. Total holdings of this type of mortgage amounted to $7, 750,000,000 at the close of 1957, a new peak, up $450,000,000 in the year. ' ; ' - Mortgage loans insured by the i mm mr&$) UUlOUnUl J) uuu '..., The Delrey -0or Sedan. Chevy's (lie only car in it.1 with Body by Fisher and Solely Plate G'ois all around. Ifk nnA See Federal Housing Administrationthe corn already i harvested con-: accounted for $750,000,000 of new mortgages acquired, by the life companies in 1957, with total holdings at year-end reaching an estimated $6,950,000,000. The ac quisitions were about one-sixth less than the 1956 figure, but the holdings were up about $150,000, 000 to a new high. Farm mortgage loans for 1957 totaled $400,000,000, bringing the total life companies' farm mort gage loans to about $2,600,000,000. The acquisitions were about one fifth less than in 1956, but the holdings were up $100,000,000. According to the Institute, the life companies will have slightly more capital funds available in 1958 for mortgage financing than in the past year, but the extent of their new investment will be measured in large part by the new construction in the year, es pecially home construction, which makes up the greater part of the insurance mortgage investment. ASCRulesDamaged Corn Now Eligible For Price Support It has been announced by the U. S. Department of Agriculture that corn from the 1957 crop grading No. 4 and 5 because of damaged kernels, including heat damage, will be eligible for Commodity Credit Corporation price support at a discount, Hel ene W. Nixon, Perquimans Coun ty ASC office manager, said to day. However, existing CCC maximum moisture requirements for corn accepted for price support will remain in effect. Action was taken by USDA because of late harvest in most of the corn belt due to ex tremely unfavorable weather conditions and because much of mmi - 'r ; nf Ohpurnlof q Hnllar.ctrptnhinn Delrawe I The handsome Delrays are the lowest priced of all the low priced Chevrolets. And they're full-size Chevrolets wider, lower and nine lively inches longer. In size, in style, in fine details and construction, no other When you're thinking about buying a car because of its extra-low price, there are two things it pays to watch for. First, be sure you get full measure when it comes to size. Don't settle for a cut-down bar gain model. Second, be sure you get all the equipment and conveniences that you'd normally expect to be standard. Look for such everyday things as an in strument panel switch for the dome light, a booster' for vacuum windshield wipers your locp.1 -authorized Chevrolet dealer; for quick ... MKDufacturez'i License Ko. 110 tains excessive moisture up U 15 and 40 per cent in some in stances. Officials said present indica tions are that except for today's change a substantial part of this year's corn crop would not qualify for price support be .ause even though it dries na turally in the field or is mechan ically dried, it will grade below No. 3 on total damage or ha! damage factors. Discounts on, the . grade No. 4 and 5 corn which ;!wlll be ac cepted for price "support vaiNj inducements nne witn yiose- generally . used by the .tradfe;; iUSDA ".' officials' said their useuft' the 957' sup-' port program will have no sig nificant effect on the national support average. Thes? discounts will . bp ap-. plied 4p the &m irate-? when loans are made. Producers, oai e-reo. i. iyt -1 OCLOCK . at Mrs. Ralph ChappelFs TYNER, N. C. TRAILER FARM WAGON CULTIVATORS BOAT PITCH FORKS MIDDLEDUSTERS AND LOGGING EQUIPMENT Also Many Other Items Too Numerous To Mention. I ' I --..--.III iiiniii car priced so low yy - m.,.j - auu uiiK-upci iuuu win wmiuuws.1. Chevrolet's Delrav models 'aYe' est priced m the line. But they re lullyme Chevrolets-wonderfully lower and wide), with the same increased length as other, models. They're all Chevrolet, with bold ' new sculptured styling and beautiful Body by Fisher. And they're equipped to do you proud. Nothing else near the price has what's in this package. See it soon at 1 your Chevrolet dealer's! .should understand, however, that "'settlement at delivery for farm-stored loans will be on the basis of the quality of the helled corn delivered, which may vary from the quality in dicated at the time the loan was made. The settlement rate will be computed by subtracting he difference between the mar- ket price of No. 3 corn and the marKet price ot me quality de- livered from the applicable loan (ate for No. 3 corn. maximum moisture re- are: For farm itored ear corn, 20.5 per cent if jested from "time of harvest through February, 1958; 19 per cent through March; 17.5 per cent through April, and 15.5 per cent through. May. For shelled corn either for warehouse or fari storage, the requirement is 18.5 per cent moisture at any RAIL CART FIVE CARTS PLOWS SAWS HOES -LOG WAGON 4a(.jj.fr3i, mum gives you so much! Only franchisedChnrolet display this famous trademark appraisal prompt delivery! .I"'.' " time. " ... 1 For further infomation, please; cal1 at the countv ASC office- S And M Enlarges Store Operations Hairy B. Umphlett, Jr., regis-" tered pharmacist, is now asso-' ciated with Henry C. Sullivan,' owner of the S and M Pharmacy an(j the store is now prepared to serve the neoole of this area in the filling of medical prescrip tions, it was announced this week by Mr. Sullivan. WFEh.Lt IXASSiflKU ' Are YOU Listed in the LWN Telephone n2 Directory? 5 Would a fnend from out of lown be able to find you through a single "head of the household" listing? If you aie not sure, get a peisonal listing. This service costs only a few cents monthly onj it gives you the positive as suiance thot your number con be easily found. Call our business office today for full information on getting youi own personal listing in the next telephone directory. fHE NORFOMS & CAROLINA TELEPHONE ft TELEGRAPH COMPANY K. City - fcdenton . Maatee PRICE dealers i not u
The Perquimans Weekly (Hertford, N.C.)
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Jan. 10, 1958, edition 1
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