Newspapers / The Kings Mountain Herald … / March 14, 1968, edition 1 / Page 12
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Pi9« 4 Burlington Is Announcing Staff Changes Cotton Sign-Up Starts March 15 KINGS MOUNTA^I HEKAkD. KINGS MOUNTAIN. N. C. Thursday, March 14, 1968 Thuri GREENSBORO staff and manufacturing positions Karmcis w<nc rcmincUni today that Marrh '15 is the last day for Changes applications to take part y in th(‘ IHGS cotton, f<'od grain, in two areas of oiMNali’ons were wheat programs. Charles by Hurlington^^'*^**^^’ C’hairrnan, for the Ag ricultural Stabilization and Con servation Service, points out that engineering Today’s Investor By THOMAS E. O'HARA Chairman, Board of Trustees National Association of Investment Clubs ■iiiiK' ■■ ****^****' eligible for pro- ha.s roque.Kti'd'benefit.'; farmers must sign as ot April 1.1“" applicatiim. announced today Industries, Inc. James King, vice presulent in charge of industrial em/in/uM-imi'i in for Burlington, early retirement y,, /xpm He-will he available to the Com-i The cotton program offers di- pany in a <f)nsulting capaeitv. version payments, price-support but also plan$ consulting er clients. lee<l grain pi John C. Tate, Jr., a staff man ufacturing executive, will suc- Q. 1 am 50. have a family of ttinsujiing capaeny, " * e* * Ians to accept limited; ^ts, and price-support loans assignments from oth-;i‘^ iKirtieipaling farmers. The lee<l grain program offers diver sion payments, price-support pay ments. and price-support loans. Pariicipatin r wheat farmers will lie (digible for price-support loans and marke'.ing (‘(‘ri ificates on (heir lllds-ercjp wh(?.it. Hamrick pf)inls out that all farmers have received notices pointing out tiu' benefits that liey can (*xp(*et frf)m each pro ceed Mr. King >aa director of in dustrial engineering h>r Burling ton. His present position na art'a manufacturing coordinator on the staff of James D. Barbee, Burlington executive v»ee presi dent in Greensboro, will b<* as sumed by John G. Gravlee, of Gastonia, N. C. Mr. Gravlee has: gram. lie uiges ail farmers to been a vice president of Burling-1 giv(* these programs very care- ton Yarn Company. Phenix Plant ful <'(uisideralion and to sign up in Kings Mtn. is one of the 7|i)y the deadline of March 15 if plants of 'Burlington Yarn Co. i Uiev vvdsh to participate this year. Charles S. Stribling of High' Point, also a vice president of'^d * Burlington Yarn Company, has been given broader responsiblll four and am in ill enough health that I am fearlul I won’t be able to keep my job. 1 have $35,000 saved up and cannot gami)lewith it. What investment can you sug gest that would make me the most money to live on and yet be safe? A. The first thing you have to decide is whether you want to insist on complete safety, or whe ther you want to take the in- between road with moderate risk but with a chance for gro.vth. If you’re going to insist on total safety, then >ou should have your money in a bank sav ings account, where you could look for 5 per cent, or $1,750 a year income. Or, along that same lim*. you might b(‘ able to pick up some municipal bonds at a discount that would return you about 6 peu’ cent on your invi*st- meni, or $2,1')0 a year. two or three industrial firms which can be bought reasonably. This path might not get you as much income (probably an avei^ age of 3*v per cent on your $35,- ItyK)) to start with, but they stand ' a chance of improving in price ■ with increased dividends that will help you cope with inflation. I In the long run, they possibly could bring in considerably more than the $2,100 you would get from your bond investment. stocks? firm stocks, an oil company, andsavlngs should go into growth ^ should do it. With motlerate divi-| .1 «: dend income added to that, you possibly can sec your investments! grow pretty fast. ^ A. “Give 10 per cent, save 10 ! per cent and spend the rest, lest; you become a miser,” said Ar-I kad, the richest man in Babylon.' The way you save, or invest, the 10 per cent makes all the dif ference in the world. I’d suggest; you buy stocks of companies that! are growing faster than their, competitors, but at the same time, you should seek a balance between the moderately growing You might also consider mu-'.and the rapidly growing stocks. Thcs(! would be r<‘asonably safe investments and maybe* that’s as far as you want to go. You, and your family, are young enough to think several years ahead. And ahead there lies in flation. You may be able to adjust your living to $1,7.50 or $2,100 a year right now. But you may want to look at 15 years from now when your $2,100 will only buy $l.,5tM), or $1,200 worth of the food, clothing, lodging it will now. So, I suggest that you consider splitting 75G of your money among a couple of good utilities j tual funds, being careful to pick 'a fund with a record of earning more than the Dow'-Jones aver ages. It is possible (though not guaranteed) that you could set ; up a withdrawal plan from one i of these whereby you could get a check each month and yet see the fund grow enough that your withdrawals would not cut great ly into your principal. Your own direct investing or a mutual fund w'ould provide you with a hedge against inflation which either bank savings or municipal bonds would give you a higher current return and a firm dollar value. Q. What percentage of our I suggest that you put 25 per cent of your money into major companies of the larger indus tries, limiting yourself to those with 5 to 7 per cent sales and earnings growth per year. Another 25 per cent should go Into quite small companies grow ing at the rate of 12 to 15 per cent per year. The remaining 50 per cent should go into companies that range from the small up to the giants where your rate of growth is 7 to 12 per cent per year. You should aim for an aver age growth rate of H to 10 peri cent for your total portfolio, and the procedure outlined here Have you a question about in vesting? Mr. O’Hara, editor of the monthly magazine, “Better Investing”, and one of the na tion’s recognized authorities, will answer as many a.s possible in his column, but must limit (|ues- tions to those of more genera! interest. Correspondents will re ceive a free copy of “Better In vesting.” Write to T. E. O’Hara, National Association of Invest ment Clubs, Dept. S, Box 1056, Detroit, Mich. 48231. The North Carolina Heart As* sc^ciatlon, through its Grant-in- Aid Program, will fund 36 inves tigators this year. This Grant-in- Aid Program is only a portion^^ of the research carried out by^B the North Carolina Heart Asso- ciatipn and the American Heart Association in the State of North Carolina. Over 200.000 Heart Fund dollars will be spent in the state this year to fight cardio vascular diseases. The North Carolina Heart As sociation announced that in 1967 almost 23,000 people died as a result of cardiovascular diseas- Dr. Theodore Chester Paige OPTOMETRIST CH- kCarol: ^receni Vital year This from creas( 22.56’i tistics from oases while fewei in N Carol that decre succu traer other ea SOS 1966. Morrison BuUding. South Battleground Avenue EYES EXAMINED BY APPOINTMENT Office 73S-2277 Home 435-9240 ^ 12;2Jtfn. ties as manufacturing manager! _ . ,. . . - vvith Con.soli- for both spun and texturized yam Having A Wedding? m Call Poul Lemmons Phone 487-4.502 Photographer f 3;30tfn atinns of that divisiitn. Mr. King ioined Burlington in 19.56 afij'i* 20 years with Ameri- ■an Ass(i'‘!iU‘<l Consullants, Inc., md oailier sprv'ic^ I'iaiei Gas & T’leclric of Balti- mon* and the Coca-Cola Com pany. A native of Baltimore, he is a n afluate ()f St. Johns College and he Harvard Graduate .‘School of Business Administi ation. , Mr. Tate, who is a Greensboro native and alumnus of Guilford [College, began his career with I Bcrlingtoii in 1943 as a plant in- I dustrial engineer. He ha*- hold a varietv of staff end manufactur in'/ executiv(* positions. I YOUR CLOTHES CAN DiHIllMiS LOOK LOVEUER Ifs a fact. Dry cleaning makes clothes last up to twice as long! And with Martlnizing, your clothes get personal care that lastores them like new. 507 EAST KING ST. 739-5844 themostir.DRYaEAninG SPECIAL rr MON. ■ TUES. AWED. LADIES' or MEN'S 2-PIECE SUITS ea. 8Sc LADIES' PLAIN DRESSES. ea.85c EVERY DAY SPECIAL LAUNDERED CRISP & BRIGHT FOLDED OR ON HANGERS SHIRTS 111 SPECIAL" MON. - TUES. & WED. SWIFT'S PREMIUM ByteoN BUY ONC nCG... GET ONE ^KG. PREEf.. Cmkiii' Goo4 SIM %—if H B•k• W.o ..us. CHOICE DELMONICO STEAKS V/.D . . U. S. CHOICE RIB EYE STEAK • • Lb. u, 1.19 179 Cookies CRACKIN' GOOD FLAKY Biscuits 3A-COUNT LAMB BUYS PACKAGE OVEN READY . . 5.6 Lb. SIZE LEC 0’ LAMB . CANS READY-TO ROAST SLICED SHOULDER LAMB ROAST . ... Lb. 69^ I ... Lb. 49^ SQUARE CUT UMB SHOVLDER W.D . . U. S. CHOICE WHOU K-k CARVE W.D . . U. S. CHOtCB OVEN.REAOY l-Z CARVE BEEF RIBS RIB ROAST tb. lb. ■ « Lb. 39«: W-O . . U. S. CHOICI CHUCK STEAKS lb. W-D . . U. S. CHOICE CHUCK er SHOULDER BONELESS ROAST W.D . . U. S. CHOICE FmII C«t, Nat leny PerHea CHUCK ROAST tb. W-O He»4«.Pacli'* GROUND BEEF 49 save MORE! VEAL PAHIES Lb. OSCAR MAYEet ALL MEAT or ALL BEEF SUCED BOLOGNA • ■ R Pkg. THRIFTY MAID WHOLE KERNEL or CREAM CORN THRIFTY MAID GREEN LIMAS DIXIE DARLING RAISIN BREAD 4 No 303 Limit" 1 of Your CKoic« With a $5.00 or More Order. Corrs ASTOK 5 No. 303 M Cons le 59< LADIES FIRST QUALITY NYLON HOSE Poir e0(^ GERBER'S or BEECHNUT STRAINED Coffee \ ASTOK VEGETABLE • • Limit 1 with a $5.00 or mere order. Shorfei|jng MAXWELL HOUSE HONEYSUCKLE ., 10-14 Lb. Sue TURKEY HENS D m w Lb. II. W-D SPLIT GAG FRYER BREAST • 9m Lb. OSCAR MAYER SALAMI or LIVER CHEESE 3-11. CAN RICH'S . WHIP TOPPING ' • Pkg. \ 10^. 20^ Con BABY FOOD 414-0*. JAR HUNT'S CATSUPS^*! SILVER COW CANNED . . Limit 6 Cons With $5.00 Order. MILK 6 - 79^ >ILLSBURY PANCAKE FLOUR RED BAND PLAIN or SELF-RISING FLOUR lO-Lb. ASTOK or PEL MONTE Sliced er Helves . . m , GRADE LARGE PALMETTO FARM EGGS Peaches Ne. IVt CANS 200-Cr. Fkf. LADY SCOTT FACIAL TISSUE er 2-KoH Pfcf. 2'“79 Bath Tissue PKGS. ONLY LUSTRE CREME Refiilar er Extra Held • • SAVE 3Sf Hair Spray JUICY FLORIDA 0IUNGCS5 BAG Large firm head FRESH LEnUCE..2....29'‘ U. S. No. t WHITE POTATOES ... 10 v.r 39*' JtLb.49i ICE CREAM . . GAL HALF EXTRA FANCY WESTERN RED or GOLDEN PoliriAiK APPLES GOLDEN BANTAM - FANCY CORN 5 ears 49c MORTON'S CLIP THESE COUPONS ^ MEAT DINNERS 11-ex. FKG. '-■Mr j>U^ftJ|XCITIN^ ★ 100 klTC GREEN STAMPS WITH THIS COUPON AND PURCHASE OF $10.00 or More Order FREE AT Your Kings Mtn WINN-DIXIE STOheS jk qmn stamps 'WWi this & pufChoM aO>rT. Mrru Anecki TeUeft Ve*B APTM MAeCH 1# , stamps 'Wtth ih«t c«weon li ewrchoit «f PK* «r 4 Cemetiefi Slender VO)B ArTM MARCH t# .T TRW t—wwm.*<>1* , Ac GMJN STAMPS With riiit ceupen i pufchcw of 7.0Z. CAN JO'MSQH RAVOR FMrnifure Pelitli veie ArriR march fa XS -i'-i' 7:00 SATURDAY ^ sxnvAb _ ..r GMM STAMPS f Wtfh fhli CMiaen a RwHhMO •( RR«. or a Void After -^arch 16, 1968 LIMIT ONE COUPON PER ADULT CUSTOMER VaW ARTCR M4RCM fa **TeeRv-M.wMr*f , JM GOHN STAMPS Wtih thH CMpan A pwfchAtR •! PR*, or 7 rtRiONHA RTBBL INJCCTOR Rexor BIxdee VOIM ArrCR MARCH !€ AY reiiR »eRAb 'With thitcw'pon A purthne tf VCLUMR a • IRUB RTORY Librery Books VOID ArrtR MARCH I# wric-TV if Cbemitl 4 ^ WITV J Cbeiifiel 3 'A* f) O
The Kings Mountain Herald (Kings Mountain, N.C.)
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March 14, 1968, edition 1
12
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