Rotarians Enjoy Christmas Party •elightful Affair Held In Legion Hut Fri day Night Edenton Rotarians and a few invited guests enjoyed the annual Rotary Club Christmas party held j in the American Legion hut Fri- ; day night. i C. W. Overman led in singing a j number of Christmas carols with; Mrs. W. S. Eriyott at the piano. A | beautifully decorated Christmas tree ] graced the room around which | presents Were placed and distribut- | t il to everyone present. - Klfon Forehand. Jr., acted as toastmaster and: after a turkey dinner served by ladies of the Leg. ion' Auxiliary, a general good time Was enjoyed. Telenhone Official Explains Rate Boost (Continued from Pape One) methods of determining the rate to he charged telephone subscribers in the State of North Carolina, and one of these tests used is that for a Telephone Company to stay in business, properly expand its fa. rilities. attract, needed capital for such expansion, and to generally serve the public as a telephone util ity. it must earn (more or less), on its telephone plant in ser vice. This is a simple explanation of one of the formulae adopted hut will serve, for the; purpose of this problem. That for. the past several years the Company has increased its plant eonsidcrably : each year with :i consequent decrease, in proper rate of return, and durirfg the twelve months period ending September tin. Idol, the Telephone Company added $518,349.25 to it* '■fiw lmf ~r- —t ’ \lf w -: | NEW 1955 / PHILCO TV 6 4> / v/itb ' i3iindsid '''* ij Tlinlnii / f|J7 j Television’s Finest Picture Right at Your Fingertips There's nothing else like it! Auxiliary con trols that others hide under trap doors or put on the back of the set, are arranged for utmost convenience on the front of the • cabinet, yet the unique design of the con trol panel itself conceals them from view! FREE Demonstration now going on I 179.95 ..... EASY 051.n1... TERMS « Price Includes Federal Tax ana One Year Warranty on Picture Tube Byrum Hardware Company "WE SELL ’EM” “WE FIX ’EM ” SUFFOLK LDEXrOX plant, and would have, earned a n turn on this formula of 3.67% , and ■after the increase requested of .$159,165.60, the return vw,..| \ ! 6.66%. “After the application of an in J crease of $159,165.60 to our tele phone rate structure, the Telop.hp.uc Company will only receive for it - benefit, after the deduction of tax es, the sum of $67,506.59. “On the basis of a study for.the. year ending September 30, T9.'. 1, this increase of $67,506.59 would I result in an earning of $150,761.59, ■after taxes, but before dividends, i | interest on bonded indebtedness ami ! ! the retirement of bonds as requir ;ed under our Deed of Trust. With 1 ja capital investment of $1,600,000 1 Ihe annual dividend requirement i ■ $70,000.00: interest on bonded in | debtedness of $1,300,000 fa small . part of which has been paid) for., (the year is $15,000; and sinking fund requirement is $28,300, The total of these figures i.s $113.300.0r; which leaves only $7,461.59 net in come to apply to surplus after tax es. dividends and fixed charges. “The Telephone Company cannot. even closely approach the final,! ing of its plant expansion from its earnings and faces additional fi nancing for the purpose of general ly expanding its system which in-, eludes the installation n.f. automatic exchanges, including Edenton. C. Unless the rates suggested approxi- ; mate the additional revenue re quested, the Telephone Company may find itself unable to move its stock or bonds on the market and, since the Company cannot attract! Outside capital unless it is in posi-.l tion to show a fair return to the j investor, telephone development in, this area would accordingly be re-j; larded. "The rates proposed for mir vari- ; outs exchanges are as low or lower, than most rates charged in many other towns and cities of coinpara tire sire and population in North Carolina. "Some of the towns and cities with most rales as high or higher Philco 24" TV at a 21" Price! Wi BROCK OLO SOUTH 4 Mjf v. 4\ Choc. Drops ST 29c 1 ,Ta buhti chase xmas m « Stockings .. feS 29c 1 Jm STORY BOOK PACKAGE Jf w Lifesavers . 45c 1 mg BOBS CRtS CKIMGLM $ 9 Candy Canes 2? 25c J VOUR TOTAL FOOO.BfLL 1$ LESS W HEN YOU SHOP AT CS C OLONIAL STORES : - ———»——— line; from $2.50 to $3.25' for a four- j party line; from $2.00 to $3.25 for, a 10-party line; from 75 cents to I $1.25 for an extension telephone, j The proposed increase affects all exchanges served by.the telephone! company, but vary in several towns. Quite A Wonder “What kind of a watch have you £ot?” “A wonder watch.” BOTTLED IN 6^ (UNDE! U. S. GOVERNMENT SUPENVISION) 100 PROOF j £!L years I hewer I BOURBON I mm: BDUBBOK ssissjt •orruo » too n / ■ B B : I A A ••UOMIRIiS 3;;vt .M DeST*a.C»* Muiu»«r.o in* Bk *»*AOtU>SA f* USt PINT BBTTIED 111 BONO BT I. >. DOUGHtRIUS SOUS, lIIC , BISTItIfRS. fBHIDfIPBII, M. LUTER'SAND WiiSON'S Certified 4*“7lbs- % immtMi j “374 5 WINNER QUALITY TRAY PACKED SLICED j I BACON • -49 c vk LUTER'S HOT or REGULAR j iSAUSAGE - 37c\ 1 CANNED HAMS j |449 »■>'”•' $4.99 j *£s^^.. I_l '< lIY a 1. . Alu 2m Sau LA. ii I | “Wonder watch? Never hoard i j of that before.” “Well, it’s like this. Every time I look at it I wonder what time : it is.” 1 CARD OF THANKS We want to take this opportunity 1 to thank our friends for the many i expressions of sympathy and deeds of kindness during the. illness and death of Mrs. Linda Hollowell. THE FAMILY. p CRISP GREEN CALIF. PASCAL CELERY .. 2 —25 c SELECTED RED RIPE SLICING TOMATOES 2f;v29c . .... . .«.M. „„ . j Iheody Aa+omatio ulHh - $2C5.95 I t* T’vo spinnin ‘ub*. r >r: »inside thp other, 1 B f • vcvrr j !•♦.(! i water strain hack i throii-h l -l.; That means you’ll '§:»A' ■ raver m • o r nor half-clean i , . n . j eiotnes with a ; nutomatic. Your old washer may be worth a big down payment! RALPH E. PARRISH, Inc. “Your Frigidaire Dealer” Edenton, North Carolina TRY A HERALD CLASSIFIED AD *- mmW T§ J—-i^ ftsumwitsMy * } FOOD SAVINA ' L , X DAYS 'Til , • ,hAL&JUVICL&~ M r 54L, V. n sjuqqsi&iii)itii I GIFT WRAPPED AND COXED , , W» j COOKED SMITHFiELD HAMS u- $1.69 I UTF.R'S OLD CIIRE-Av? Wl. 10 te 14 Lb*. fK SMITHFIELD HAMS » 94c Mm COOKED AND COVERED WITH FRUIT KflLv DECORATED HAMS 79c l COOKED AND COVERED i'W DECORATED PiCNiCS .... tJ- Sse VF I rOPUf.AR BRANDS NF. W .CURE Vs I VIRGINIA HAMS u> 79c l IOcUALj, J'ASAtv J-DDIUI- WTj Mrs. Filbe ftS Margarine Lb. 29c TO, Grade A Eggs .... D « 49c y|] Kraft's Cheez Whsz . 8 £ 29c JGI SAMk4£*.. VhdA; ' BLUE DIAMOND SHELLED ft ALMONDS .. :VS.’ 33c j|a Mx red mill LARGE (KM »FILBERTS . . . p l :„ 43c IM RED MILL LARGE WASHED TJR BLUE DIAMOND LARGE 403 £t WALNUTS . . it,. 45c #W HOLIDAY PACK—DANDY l W || MIXED NUTS . r l £. 49c ljj SOFT SHELLED LARGE "! Eh PECANS .... it. 59c |K IfK BLUE DIAMOND JP* Med. Walnuts . P L £. 43c JRj J}» ALL. PRICES IN THIS AD ,m Jhjk EFFECTIVE THRU SAT. OHOHrTTjm/TBflßßi affij NIGHT, DEC. 18th CHRISTMAS BELL SALAD ' ■ IMn (lift oi.) US (Tuslifd ‘r »*up 'ihOppNl tX&MM I'll; = *8 cup ttneir LhBIIBdI • a 1 •,•«:! .<• limon flavored ttuliillU g l A tin ’* t<-HRi»»nß fait ■ J ;; t< ain '.•!•. vao 1 vip wtilmdhc MtOHfc flfc ■ l c:tn t l v:.) tm. r.tow stiffly beatrn I !*r tin i-i'b l-;!'* hjit v -’I licst. '-than -ei naoidS> SMS g In until turn. Mal.t,s 10 scrvUtgik ''Si ■■ ■■uue ■ ■ mm m m ■■■Wfluudl PAGE FIVE ?RCTION ONE-