Newspapers / Watauga Democrat (Boone, N.C.) / Sept. 23, 1948, edition 1 / Page 3
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CAROLINA HAS RECORD INCOME Washington ? The average North Carolinan has nearly three times the monetary income he enjoyed at the peak of the 1929 boom, the Department of Com merce reported today. The spectacular rise of income payments in the State, which re veal* for the first time the magnitude of the present boom. Bavarian China Patterns in Stock LUCRETIA - GOLDEN ROSE GABELIN Home Jewelry Co. Glenn Howell, Watchmaker Phone 2 1 7-W Boone, N. C. PATS PINE CLUB Formerly the Pine Club 4 miles east of North Wilkes boro, N. C. on Route 268 Toward Elldn, N. C. Cater to Banquets, Churches, Lodges, Civic Groups Special Trucker Lunch from 11 a. m. to 7 p. m. Specials ? Chicken in Rough, Oysters, Steak, Wedding Parties . . . Curb Service DANCE EVERT WEDNESDAY and SATURDAY NIGHTS . . . GOOD ORCHESTRA 3 day notice for large banquets . . can seat 100 or more. Give us ? triaL Operator L. H. "Pat" Patterson Box 745? Phone 32-F-30 North WUkaaboro, N. C. OUR FINEST BLANKET VALUE IN YEARS * WOOLSHIRE" of 100% virgin wool your value at *12^! Take one look at Chatham's "Woobhire" Blanket . . . feel that soft, wooly nap . . . then try to believe the price tag! This famous Chatham blanket is made, as always, of 100% pure wool bound in luxurious rayon satin ? but this season it comes in more colors, lovelier colors, . than ever before! And the whole wonderful value is packed in a beautiful white closet box with floral design. Winter rot*, blvt stock, wMte, mint gr??n, buttercup ylow, wM piadv fxtra faftf / 7tt x 90"; pi. SO wfcM ?0* m W?, *9.93 Boone^N. C it part of a general pattern of j shifting income distribution, the department said, which is giving the South a larger share than ever before of . the national wealth. Per capita income in North Carolina hit a new record of $890 in 1847, the department pointed out, while in 19X9 per capita income was only $309. This is an increase of 188 per cent ? nearly three times? compared with an average increase of 95 per cent throughout the nation as a whole. Total income payments in North Carolina were $3,290,000, 000 last year, compared with 988 million dollars in 1939. A specta cular gain of 141 per cent. The natioal average increase was ISO per cent. While the Southeastern tier of "Cotton Belt" states still rank lowest in terms of national in come, the gains they have made have been very substantial. The gross income of the 11 states of the South (including Kentucky, but excluding Texas) is over 25 billion dollars a year, against a little more than eight billion dol lars at the peak of the 1929 boom. While nAtiohal income in the nation as a whole has in creased ISO per cent since 1929 ? from 83 billion dollars to 189 billion ? the income of the South has increased 196 per cent. FARM WAGES" HIT NEW PEAK Washington ? With farm wages at a new record high, approxi mately 3,000,000 persons were doing hired farm work on Sept. 1. This was reported by the De partment of Agriculture, which said the figure is higher than at any time since 1943. Total farm employment was put at 11,251,000. The figure in cludes farm operators and their families, whose numbers were said to be about the same as a year ago, plus hired hands. Farm operators, the depart ment said, worked an average day of 11.4 hour?, while their hired workers put in an average 9.6 hours a day. The figures on average pay for hired farm hands were for July 1. Then, the department said, the average national pay was a re cord $5.40 a day, withoi/t board, compared with $5.10 the same date in 1947 and $1.53 a day average from 1935 through 1939. Farm hands on a monthly pay base, without board, averaged $121, on July 1, against $113 last year and $34.92 in the pre-war period. The large hired employment was due largely to an early start of cotton picking in the South plus a later than usual season on the Pacific coast, the department said. EMPLOYMENT The Commerce Department re ports a drop in employment from the record high of mid-summer. Employment fell to 61,245,000 in August, a 370,000 drop from the July peak. Agricultural employ ment moved down 719,000 in August to a total of 8,444,000, a seasonal drop. Non-agricultural employment increased to 349,000 to an unprecedented 50,801,000. Triplo Duty Kitchen OIL HEATER HtAIS COOKS V FURNISHES HOI WATER Furniture Co. Installment Buying Curbs Effective Washington ? Installment .buy ing returned to Federal control Monday. . ? Down payment and length of time to pay will be governed. Ordinary charge account* are not affected. Moat consumer goods costing $50 to $5,000 are covered. Easy payment loans are time limited. It is an anti-infation step taken by Congress. President Truman said it is only "a tiny fraction" of what is needed. The Federal Reserve Board made the rules. There are crimi nal penalties, and the board also has the power to put a violator out of credit business. Here are the terms: After down payment, IS months to pay if the balance ex ceeds $1,000, 15 months if $1,000 or less. One-third down on automo biles. Twenty per cent down on cook stoves, dishwashers, ironers, re frigerators, washing machines, air conditioners, radios, phono graphs, television sets, sewing machines, vacuum cleaners, furni ture and rugs Personal loans of lending houses must be repaid within 15 or 18 months, depending on the size; if over $1,000, the minimum monthly payment is $70. Exempt from credit control are medical, - dental, hospital, educa tional and funeral expenses; loans for real estate and home improvement; loans to pay for fire and casualty insurance; business or agricultural loans, credit to dealers who buy goods for resale; loans to Federal, state or local governments, or to re ligious, charitable and educa tional organizations, and any credit under the government's rehabilitation and readjustment programs. Some items which once were under credit controls, but were not included in the new regula tions, are pianos and other musical instruments, silverware and jewelry. DEMOCRATS TO MEET AT RALLY Salisbury ? The Ninth District's Democratic rally? one of a series to be held throughout the State before the November 2 election ? has been set for 10 a. m. Oct ober 1, William D. Kizziah, De mocratic chairman in the Ninth, announced this week. The district's veteran member of Congress, Representative Ro bert L. Doughton, will be one of the principal speakers. The pro gram will also include addresses by W. Kerr Scott, the nominee for Governor, J. Melville Brough ton, nominee for the U. S. Sen ate, and Hoover Taft, Jr. of Greenville, president of the North Carolina Young Demo cratic Clubs. The rally will be presided over by Mr. Kizziah and Capus M. Waynick, chairman of the State Democratic Executive Commit tee. A burnswick stew will be serv ed in the Salisbury Armory. The demand for eggs is ex pected to continue at a very high level through the remainder of the year. Try MSMAREX for Acid Indication. Insist on genuine BISMAREX and refuse other so-called Anti acid Powders, recommended to be "just as good." BISMA REX is sold in Watauga county at Boone Drug Co. Th? REXALL Star# PUBLIC AUCTION Tuesday Sept. 28th at 10 a. m. I will offer for jale at public auction for cash, the personal property of the late Susan Watson, at the home place. E. A. RUSSELL Administrator 9^-Sc STATES EMPLOYES States governments In the United States employ a total of 928,000 persons, with a total monthly payroll of $171,000,000, m akin* the average earnings $185. State employment roae $6, 000, or 8 per cent, and payrolls $91,000, or 22 per cent, over the preceding twelve months. Eight State government ? New York, Pennsylvania, North Carolina, California, Illinois, Texas, Ohio and Michigan ? account for 44 par cent of the number employed by all forty-eight states and exactly half of the total of the states' payroll. , r PROTECT YOUR FAMILY by becoming a member of REINS-STURDIVANT BURIAL ASSOCIATION TELEPHONE 24 - BOONE, N. C. A 24 cent fee is charged upon joining after which the follow ing due* are in effect: Quarterly Yearly One to Ten Years .10 .40 9 50.00 Ten to Twenty-Nine Years _ .20 .80 100.00 Thirty to Fifty Yean .40 1.80 - 100.00 Fifty to Sixty-five Years .60 2.40 100.00 VISIT US FOR YOUR FALL WARDROBE . . . The Fashion Shop . featuring SWANSDOWN and Jaunty Junior Coata and Suits PEERLESS SPORTSWEAR _ " rtJ .ujj DRESSES by Georgianna, Lampl, Lynbrook, Franklin. . ' r f* . r< . ' ? ) V.s $0?' SWEATERS by Lampl and Jane Irwill K AM ORE ROBES in wools and rayons LUXITE LINGERIE by Holeproof . . of good quality, and moderately priced. RAINCOATS . . by Stagg U. S. BOOTS . . colors, white, red, brown and black f Visit our shoe department . . We have a complete line of *: casuals Phone 56-W ? - . f Boone, N. C. U/kejt people etfienjjwJtetLe ay tout on a pjxjyJjjLCt, you. kruyus thai ja/axliLCi id yty&cL! All America Likes CHEVROLET'S Bodies by Fisher ...(rodheA that a/ce exclusive to (2JvevJvoLet in the Low-fViicad. {field./ Mot* 1/mlttm m II0IW6 COMMMT Your own tntl win show that Chevrolet hu mort riding comfort ? thenki to ita Unitized Knee Action Gliding Ride end iti world - Famout Body by Fi4>er. Youll enjsy Bve?y. dependable performance ? it lew o^hj itini ? coet? with the extra-rugged "World-. Oempion" nl?M betd Chevrolet iiniin. Behind each Chevrolet body by Fisher is forty yean of motor-car coachcraft experience . . . forty year* of building matter bodice for pre cision-minded America. To match leu craftsmanship have been added the methods aryl the metals of modern body engineering. Today, a* you revel in the comfort, the luxury and the trfdy of your Chevrolet body by Fisher you wiH more clearly under stand why MORE PEOPLE BUY CHEVROLETS THAN ANY OTHER CAR. Mo+o Vol*** M MAIMS ?nemo Chevrolet*! Positive-Action Hy draulic Brake* are especially designed to achieve fr eater brake lininy contact? (or greater safety at I M VaLm There'??ui Fisher Unieted \ is* Uni tiled ing Ride and Hydraulic Brakes. CHEVROLET- and Onlu y CHEVROLET /A -IS FIRST! ' v w x'ifh .?'?& V ?>: : >? fa> r'ti ?,0-; . it- rv xfr ftJ * ? ?? t ?
Watauga Democrat (Boone, N.C.)
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Sept. 23, 1948, edition 1
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