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’54 Support Price For
Soybeans Announced
By Dept Agriculture
Average Payment of
$2.22 Per Bushel Will
Be Made
The U. S. Department of Agricul
ture has announced that the national
average support price for 1954 crop
soybeans will be $2.22 per bushel. This
is equal to 80 per cent of the Decem
ber 15, 1953 parity price for all soy
beans.
This announcement further states,
reports J. M. Price Chowan County
ASC Manager, that price support for
the 1953 crop soybeans is at a nat
ional average of $2.56 a bushel, re
flecting 90 per cent of the parity
price of September 15, 1952. North
Carolina support rate for 1953 crop
soybeans is $2.50 per bushel. The lev- j
el of support for the 1954 crop is de- 1
signed to keep this year’s soybean acre
age in approximate balance with pro-j
duction needs without rsort to acre- I
age allotments. Restrictive acreage j
allotments have already been an
nounced, under mandatory provisions of
law, for the 1954 crops of wheat, cot
ton, corn, tobacco, and peanuts. It is
believed that many producers may
shift large acreages from production
of these basic crops to production of
soybeans, which will increase the price j
support obligation, should this occur, j
This adjustment also brings the level j
of support for soybeans in line with |
adjustments previously made for oth- j
er oilseeds.
Price support for 1954 crop soybeans
is announced at this time in accord- j
ance with “forward pricing” provis-I
ions of the Agricultural Act of 1949, j
in order to assist producers in plan-1
ning their operations. Price support
will be carried out through farm stor
age and warehouse storage loans and
through purchase agreemnts that will
be availablet to producers from time
of harvest through January 31, 1955.
The soybeans must have been pro
dued in 1954 by an eligible producer
and must grade No. 4 or better and
contain not more than 14 per cent
moisture in order to be eligible for ,
price support. |
County support rates for soybeans,
with appropriate premiums and dis- 1 ,
counts by classes, grades and quali-1 ]
ties, will be announced later. Loans
and purchase agreements will be oh- ;
tainable through the ASC County
Committees. Other program provis
ions are substantially the same as ;
those in effect for the 1943 crop soy
bean price support prorgam.
TOWN AND COUNTRY MAGAZINE
PLANS NORTH CAROLINA STORY
An extensive North Carolina story
is scheduled to appear in the May is
sue of Town and Country Magazine,
Margaret Culkin Banning, well-known
novelist who has made her home at
Tryon for a number of years, is pro- ;
paring the text.
If God has taught us all truth in
teaching us to love, then he has given
us an interpretation of our whole duty :
to our households. t
—Henry Ward Beecher.
Paul 9
Jones
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$3.25 m qt.
. e-<”'
BLENDED WHISKEY. SfiprooT. 72H% grain neutral spirits. Frankfort DtetUtora Corp., N.Y.C.
Page Four
"KING SIZE" MARIONETTE
■ I
I
|
ROME, ITALY—This “king size” marionette is one of the world’s
biggest Its five feet tall Armour is hand made from sheet metal.
Value of puppet is an estimated SLOOO. Marionette shows are Men
by many Americans touring Italy.
Cost-Sharing Plan j
j Offers Opportunity [
| To Chowan Farmers
Detailed Information Is
Available at ASC
Office
Ordinarily opportunity only knocks j
1 once—not so in the case of the 1954 i
Agricultural Conservation Program
loperated by State and County ASC
(formerly PMA) Committees. Cho
wan County farmers still have the
j opportunity of visiting the County;
ASC Office and requesting approval;
of Federal cost-sharing on many con- 1
I servation practices needed in the coun
ty. ‘‘Federal cost-sharing” consists of i
a payment by the government of a
part of the “out-of-the-pocket” cost of |
carrying out a practice. This cost- 1
share paid by the government may be j
up to 50 per cent of the cash outlay in- j
volved in carrying out the practice.
W. A. Harrell, Chairman of the
Chowan County ASC Committee, re-l
minds Chowan County farmers that j
there will be a large number of j
acres diverted from the production of j
cotton, wheat, corn, and peanuts in
this county in 1954. “The average
farmer cap make no better use of this
tremendous amount of diverted acre
age than to put it in permanent pas-1
ture for existing or contemplated live
stock herds.” says Mr. Harrell. Many
farmers who. by reason of declining
farm prices or a bad crop year, would
need financial assistance in establish
ing pasture on these diverted acres
may be eligible for such assistance in
- ,-j- LJ - Lruf -i-r LrLJ - LJ -u-u-uru-tJ- r - cin , n n onAru—u-Lanrltl -lt ,
14 ,u ouvn ah n *.■*.** i.»>, EiULiN iuiv, IS. (j., THURSDAY, FEBRUARY 18, 1854.
the form of “Federal cost-sharing”
1 under the 1954 Agricultural Conser-
I ration Program.
J For detailed information on the pos
j
I ddifay
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sibility of Federal cost-sharing for
making use of idle land in 1954, farm
ers are urged to visit their County
ASC Office or talk with their ASC
County or Community Committeeman.
j Vets Question Box |
Q —l want to reinstate my GI term
insurance policy, which has been
lapsed for more than three months,
and I understand I’ll have to take a
physical examination. Could this ex
amination be given by an osteopath?
A—Yes. The examination may be
given by a licensed osteopath who
graduated from a recognized college
of osteopathy and who is listed in the
current directory of the American Os
teopathic Association.
Q —ls it possible for two veterans,
who own a farm in partnership, to
take institutional on-farm training on
the same farm?
A—Yes, it is possible, provided that
conditions are favorable enough to as
sure the success of both veterans, and
provided that both training programs
meet all the qualifications of the law.
Q —My deadline for starting Kor
ean GI training is August 20, 1954. I
want to take a correspondence course.
Will VA consider that I started in
A—Enrolling in the correspondence
- BelfcTvler’s -
EDENTON’S SHOPPING CENTER
Today - Friday - Saturday
SPECIAL FROM
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r|fU SALE
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Made of the finest pre-shrunk fabrics in
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This Sale includes: Infants’
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REGULAR VALUES TO $2.00
SALE lllr
PRICE *ll
111
course before the deadline is not
enough. VA will consider that you
started in time if the school sends
you your first lesson before the dead
line date.
Q —Premiums on my National Ser
vice Life Insurance policy are under i
waiver, since J’ve been totally and
permanently disabled for many i
months. I have a term policy, but|
I’d like to convert it to a permanent;
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I STRAIGHT BOURBON WHISKEY sJoßfißu#
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J lAIinWAM
VML 4 YEARS OLD •86 PROOF wniiu' I
ill I II
plan. May I do so, while premiums
are being waived ?
A—Yes. You may convert your
term policy to any permanent plan
other than endowment. And you won’t
be required to take a medical exami
nation.
We promise according to our hopes,
I and perform according to our fears.
—La Rochefoucauld.