Newspapers / The Chowan Herald (Edenton, … / Jan. 30, 1958, edition 1 / Page 7
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Os tile lumrauce £ Is Mounting jp ' j- ■ ,f~' 'i --- * . Life insurance ownership con -tinues tp show huge gains, throughout the world and in re cent years has gained materially in effectiveness by increasing its ratio' to national income, accord ing "to the Institute of Life In surance. Analyzing the figures for 27 countries at the start of last year, the. Institute shows that in most countries the single year’s own ership increase ran from 10 per cent to 30 percent and the five year gain was from 50 percent to 300 per cent. Os the countries an alyzed, seven out of ten showed fiye-year gains of over 50 percent and one in four reported increas es of over 100 percent. Huge Long-Term Gains ' f faking a longer term, the own ership gains have, been even more spectacular. Japan, for example, reports current ownership of life insurance at 37 times the 1945 fig .. une, 89 times the 1939 level. France reports 15 times 1945, and 37 times 1939. Brazil ownership is 12 times 1945 and 33 times 1939. Serious inflationary factors and njpnetary devaluations are in volved in these countries, of course, but even in the United States, present ownership is near ly 1 three times 1945 and nearly fcjur times 1939. .“Greater significance is attach ed to the relationship of aggre gate life insurance ownership to total national income, as this more clearly measures the ef fectiveness of the insurance in terms of what it will provide btmeficiaries and policyholders,” the Institute commented. * ]( , Heal Ownership Advance ,On this basis, the one year and five year gains have been mate rial. The ratio of ownership to income last year reflected aisingle f • ' ' > * Straight Bourbon 6 years fpig§'\l| old ' i~l JL '■■ll m /(■, ttffieW&Ucep ittOftaM r \ i KENTUCKY BOUBION :J4 sz\efu£sif cL&tiffledctcco , ul4Mff | S, 1 i OISTIUE0»•OTUEO BY . M -.‘j f.V ANCIENT AGE OISTIttING CO. ■ m FRANKFORT. KENTUCKY (B I - SLIGHT KENTUCKY BOURBON WHISKEY, 86 PROOF year jump from 27 percent to 35 percent in Belgium, 128 to 133 percent in Canada, 32 to 36 per cent in Japan, 78 to 83 percent in j New Zealand, 29 to 36 percent in 1 .Puerto Rico, 47 to 56 percent in Sweden, 51 to 58 percent in the , United Kingdom and 115 to 120 percent in the United States. The five-year rise in ratio was i 45 to 55 percent in Australia, 104 to 133 percent in Canada, 10 to 18 percent in France, 19 to 25 per cent in West Germany, 15 to 36 percent in Japan, 5 to 10 percent in Mexico, 17 to 36 percent in Puerto Rico and 91 to 120 percent in the U. S. “This indicates that in just five years, the families of Mexico, Puerto Rico and France, for in stance, have doubled or nearly doubled the effectiveness of their life insurance ownership,” the In stitute said. “And in most coun tries the increase in effectiveness has been extensive, up one-third in the United States and even more than that in Canada.” mOO Essay Contest For H. S. Students A contest offering $1,500 to high school students writing the best essay s on the subject “My Stake in Free Enterprise” is an- j nounced by the First-Citizens; Bank & Trust Company of Ra leigh through its president, Lewis R. Holding. The contest is open to students in grades nine through 12, and the deadline for submitting essays; will be May 15. First prize will be $500; second, i $300; and third, S2OO. In addi tion, there will be five special awards of SIOO each. Purpose of the contest, Hold ing said, is to encourage high school boys and girls to study the workings and advantages of the American free enterprise eco- j nomic system as opposed to so-' cialism and other forms of gov- 1 THE CHOWAN HERALD. EDENTON. NORTH CAROLINA. THURSDAY. JANUARY 30, 1958. H HflL ? JS ; SHOWMANSHlP—ButlerUni versity’s basketball team draws excellent houses in its 15,000- seat field house in Indianapolis, Ind. Besides the long legs of the players, the shaplier legs of Carol Nutt, 18 (foreground), of Stanford, Fla., and her fellow members of the “Butler Color Guard” have proved a* good draw. The girls put on a full fledged musical at half-time. eminent control. Interested students may obtain information and entry forms by writing to Free Enterprise Essay Contest, Box 2545, Raleigh. WOMAN'S CLUB MEETING i Edenton Woman’s Club will! hold its February meeting Wed-1 nesday afternoon, February 5, at! 1 o’clock in the Parish House. Mrs. Joe Thorud, president, urges a full attendance. j Jr.-Sr. H. S. Menu \ Following is the menu at the Junior-Senior High School lunch room from February 3 to Feb ruary 7: Monday Meat loaf, . gravy, garden peas, bread, mashed po tatoes, beets, butter, cookies and milk. Tuesday—Beef-vegetable soup, crackers, celery, meat sand wiches, block cake and milk. Wednesday Msn sticks, dr} 'Afresh r CHOICE MEATS DressedandDraw " WHOLE KAl*Lr f nAHC 18-24 LB. AVERAGE * Swift’s Butterball Tom lb. F IK gQf "■ • * 5 " FRYERS; * ** w BEEF 39c |N mm 1 Center Cut Loin „ F* I** Streak-o-Lean lb. B Jl aTjl IL - I Pork Roast . . »>• 5/c SALT PORK 29r| * 6c OFF DEAL!—GIANT CLEANSER Vz-price Sale! Bath Size 300 TALL—REGULAR 47c VALUE NEW BLUE DUTCH 2 for SWEETHEART 3 bars GREEN GIANT can CLEANSER 27c SOAP 29c Asparagus 39c Family Size —28-oz. Campbell’s Gt. Size —Full 2 Lbs. Aunt Jemima 16-oz. Bremner’s PORK a'«i OQ„ PANCAKE , Q1 SUGAR . O £ BEANS can MIX Pkg- 1 c W AFERS p^s * j New Piilsbury White, Chocolate, I Q UID ’ O j BLEACH 2 bottles Zp C ]|JF Harrell’s 1 11,. |»k ? r. \U 1 Special Low Price Quart Size jjjly PURE j EASY MONDAY „ 1 LARD 1/C II j UQUIDSTARCH,t.I 4C | |2s^<, z .Pk«. Cl, l lljii U. S. No. 1 White Maine Lg. Cal. Iceberg orACaHETTI and -| POTATOES head"l'lc i MEAT BALLS can 2l c ;| 10 Lb. BAG "7" . Fancy Florida P Edenton N. C. Grapefruit & \1 liPsr W 6 for 29c 0 /j BtA B % ■ !• FROZEN FOODS •] j MJ \l I Fillet of Solel Collards j I lima beans, cabbage and carrot slaw, corn muffins, ginger snaps and milk. Thursday ltalian spaghetti with meat sauce, string beans,, hot rolls, cookies, cole slaw, j butter and milk. Friday—Chicken salad sand-' wiches, rice in chicken broth, | carrots, steamed cabbage, ging- j erbread and milk. OAK GROVE CLUB MEETS “Easier and quicker housekeep- j ing” is the motto that would ap- 1 ply if club members take the ad-j 1 vice of Mrs. Milton Evans, at the January meeting of the Oak Grove Home Demonstration Club. | : In presenting the demonstration | “Gadgets Galore”, Mrs. Evans i gave many helpful hints on how, j to do housework and at the same ! time save steps and effort by us- I ing hand trays and wheel-trays, i She also showed several items j | which might prove helpful in' | making daily chores much easier. | j Plans were discussed for a bar-, i becue chicken supper which the, J club will serve for the Women’s Circle of the Ballard’s Bridge j Baptist Church on February 14. j I Four book reports were given by Mrs. Marvin Evans and one j by Mrs. Percy Nixon. The joint meeting in February! will be a barbecue supper with I i husbands as special guests. | During the social hour, the hos-J | tesses, Mrs. Milton Evans and| Mrs. Marvin Evans, served del i- J , tious refreshments. ( PAGE SEVEN I—SECTION ONE ; ] ROTARIANS MEET TODAY | ' t i j Edenton Rotarians will meejtl this .(Thursday) afternoon at lj i o’clock in the Parish House, i President Robert Marsh urges a | 100 per cent attendance. Hairdresser A pe>maner.i | wave would be five guineas, m<r» j dam. Os course, you could h.ivh I a temporary one for a guinea. * Flapper I say, couldn’t you J give me just a momentary one i for about five shillings"
The Chowan Herald (Edenton, N.C.)
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Jan. 30, 1958, edition 1
7
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