Record Sales Noted
By IRC President
Jhladelphia - Record first 42
?w?ka sates of ?24.M*.MB were
achieved by kXernatkwai Resist
/"Vi.i , nam TNin atrlnai* U/aUai>
ante uompany, iT^Kicini waiter
W. Slooum annmawnrt. The pre
view record tor a similar period
WO* $23,853,273 set in 1962.
Met earnings amounted to (1,
391,309, or ?6 cents a share, as
cofipared with $2,100,387, or $1.44
per share in the 1962 period,
both calculated on the 1,462,208
shares outstanding when the
petted coded on October 10, 1963
fe> Us report to stockholders,
the IRC official attributed the
lover wutap to ths fact that
~u*ymr fata fa sheAHng'X
ex^aorcHnary expenses connected
with He introduction sf an ua
uaual number of now product*.
"However," Mr. Skxutti noted,
"Airing the kart five ??to of the
period, earnings improved sub
stantially and exceeded the ?>??
ings of the same five-week period
in 1962. We are looking Cor con
tinued kiyromwqt (taring the
letnaindar of 41m yeer."
He lUrtwr stated, "la UM mm
should benefit (r?a aaduoed
extraordinary expenses |ta
initial sates income from new
products introduced this year"
wtech a receiving exoettert mar
ket acceptance."
Lamb Sales Records
Are Vital, Says Isley
toy W. lak?, ASCS County
Office Manager, reminds farmers
wt*> have marketed their iambs
to the W9 to keep adequate rec
ords at thur sates so that they
?? be able to note proper ap
plications for payment under the
wool incentive program.
the aales record of iambs sold
sbaukl include the name of the
layer, Us signature, and the
number and ttvemeight of lambs
sp)d, ftos the description "un
shorn." I wiJ^ payments are
made only on lambs that have
never been sham, to discourage
unusual shearin got lambs before
Wood and wsfaorn lambs mar
keted this year and through De
cember 31, 1963 w#? qualify for
incentive payments wider the
?wd program tor the 1963 mar
keting year, (to past years the
marisettog year ended March 3L)
Beginning January 1 will be the
Graven should fife applications
So v payment, supported by the
" ? ?? ,a -* '?*
required sates documents, wiifi
the Watauga ASCS olfkx as soon
est possible after fail sates ere
cob Meted. The final date to ap
ply for payments en 1963 market
ings witt be January 31, U64.
Farmers who keep lambs to feed
should keep accurate records
which wil eatsMlsh tile length ef
timm they have owned tombsa
1Mb payments one made arty
on lambs which ? pcufrtua has
craned for 30 day* or mora end
Hie ttnount of ffH ? toad
an wei^bt gain et the lambs while
(to applicant owned them.
A total at *11025 in wool
end unshorn lamb payments was
made to Watauga Oounty pro
duoers under the 1962 wool mar
keting year.
Income Tax
Courses Set .
Five abort courses fr rig mil to
supply information to people who
help farmers end small business
ofteratars with income tax prob
lems will be held in North Caro
lina during December.
Pour regular courses will be
ottered as follow*: AsheWUe, De
cember 5-4; Charlotte, December
5-6; Greenville. December 10-11;
and Greensboro, December 12-13.
One advanced course will be of
fered in Raleigh, December 1T-19
Those participating in the pro
grams will be members of N. C.
State Department of Ecaoocitra,
U. S. Internal Revenue Service,
N. C. Department of Reiveoue,
and the Social Security Adminis
tration.
For information concerning any
at the coomb, contact the DM
?tea ?f Central Extension. Nerth
Carolina State CoBege, Box 5125,
Raleigj, N. C.
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