i—SECTION TWO
PAGE SIX
The National Outlook
Cost Os Living Topping Out
By Ralph Robey
i ./■>
Prices of consumer goods are|
topping out. The index of the|
Bureau of Labor Statistics for
May showed an increase of only
one tenth of one percentage point
or from 123.5 to 123.6. If that’s
not the actual high of this move.,
it should be close to it.
This has been a long move.
The last month that the index re
vealed a decline was in August
1956, and in only two months
since has the index held steady
with a preceding month. These
were in October and December of
1957.
The persistence of the rise has j
been disturbing. It is widely be
lieved prices should decline dur
ing a recession. The record
shows, however, that this is more
likely in wholesale prices than
consumer prices, and that con
sumer prices almost always have
a strong tendency to lag behind
business trends.
There have been three princi
pal factors behind the recent rise.
First was the introduction of mdst
1958 new automobile models in
one month. This meant that sud
denly all discount prices were
eliminated, a situation usually
spread over at least two months.
Second, this spring has been ex-
I* —y
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I traordinarily bad from the point
|of fruits and vegetables, result
ing in a sharp hike in prices for
these commodities.
Third, there has been an al
most continuous increase in the
cost of services. This has been
the trend for many months, and
probably will persist for some
time into the future. These in
clude such costs as medical care
and other so-called personal ser
vices.
The index uses 1947-49 as equal
to 100. In other words, an index
of 123.6 simply means consumer
i prices are 23.6 per cent above
1947.49. The increase of the past
twelve months has been 3.3 per
cent. Os course this index does
not measure, nor attempt to
measure, the cost of living of the
public at large. It is designed to
indicate the costs of an urban
worker of moderate income.
In spite of the persistence of the
upward trend there are good rea
sons for believing that we are
either at or very close to the
peak.
Food prices, which are the
most important single category in
the index, showed no change in
the month ending the middle of
May—the period to which the
above figure refers. Further, in
view of the recent sharp in-
I creases in food supplies, it is ex
pected that prices will go no high
er and actually are almost cer
tain to show a moderate decline
in coming months. Even meat is
expected to ease off in price be
j fore too long as a result of in
| creased marketings.
Apparel prices have shown a
| .slight weakness for some time
' and there is no basis for antici
! pating a material change in this
■ trend.
j Housing charges, which include
j furnishing, have been showing a
slight upward movement for
many months, and this probably
j will be continued. The same is
true of service charges. Private
| medica] plans, such as the Blue
| Cross have found it necessary to
I increase their charges, and doc
; tor’s fees tend to ease up.
The transportation segment'
j probably will show a further rise,
j The price of used cars recently
! advanced. Gasoline wars are less
likely with that industry getting
in better condition, and with the
introduction of 1959 automobile
models the current discount on
1958 models wil] be eliminated in
the index. j
The aggregate effect of these
1 changes will depend partly upon
the extent of the price movements
and partly upon the weights as
signed to the various categories. |
This means, in actuality, that de
cline in food prices must be suf- j
ficient to offset rises elsewhere. ):
There is ample basis for hop- t
mg that this will prove to be j ■
true. However, one is not justi-'
fied in being completely dogmatic I:
THE CHOWAN HERALD, EPENTON, NORTH CAROLINA, THUTODAT JULY 10. lilt.
•* -s
Chowan 4-H Club Winners
l- - — >»
Httß '
wcti*:
Wwl r H
tarUjaaggir >
I I I
Above is pictured a group of Chowan County 4-H Club mem
bers, all of whom won second place in various 4-H demonstra
tions at 4-H Elimination Day held recently at Washington,
N. C. Top picture. Roy Nixon and Billy Bunch, who won sec
ond place in the district for their soil and water conservation
demonstration. Second picture, Joe Nixon and Leon Evans,
second place winners in the 4-H forestry demonstration. Third
picture. Scott Ober and Gene Harrell, second place winners in
wildlife conservation. Bottom picture, Kay Lowe and Georgia
J Skinner, second place in the 4-H entomology demonstration.
about it because wages still are
rising, and in most instances this
results in production-costs in
crease. Under these circumstanc
es. unless there is a decrease in j
the cost of materials, it is diffi-[
! cult to get a decline of prices.'
This is especially the case now i
because in many companies pro
fits have been reduced to the
point where lower prices mean
red ink in the profit column.
None the less, it is possible to
say that we are on the verge of
consumer price stability, and
there is at least a chance that be
fore the year-end we may see a
slight decline.
Crushing Retort
First Chorine (quarreling in
(dressing room) Not only that,
but you get uglier every day.
i Second Ditto Another thing
j that I can do and you can’t.
1 ■ * - - ■■ nn nll nui n n
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.less current consumption, quieter operation AS LOW AS
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every day—you never have to leave your chair!
t .
j Other new Carrier features include: Full M
Capacity Performance; Vari-Fl6 Grille for d* Mm I J QC
flow control; 2-inch Slim Silhouette; Finger* I mm^m
Flip Controls; Weather Armor Cabinet; JL
nent Filter and 5-Year Protection Plan. . . . *
EDENTON ICE CO., Inc.
J w PHONE 2228 n|||||ffi|| , ||r | ||r[ ;
j / j j m ‘M' y y w * y * * y / * * y y y * j / y y
With Farm Women
Continued From Page 1. Section 2
ty some years ago. On" club has
adopted Bolivia for special study,
and adopted a Bolivian homemak
er who moved to the community
. ... It’s often hard to separate
life’s necessities from the extras,
since many times the extras fill
a very basic need. Home Agent
Lillie B. Little, PITT County, ex
plains that this is true of arts and .
crafts in Home Demonstation'
| clubs. Mrs. Albert Bell, county
arts and crafts leader, is doing a
good job‘of supplying ideas and
assuming leadership for work
shops, so that club women can
learn crafts for hobbies or money
making home projects . . . Have
i you ever heard of this? Anna
I Lee P. Rowey, UNION assistant
! home agent, tells of an experi
ence by the John Murray family;
, Monroe, Rt. 5, who raise Angus
j cows. It seems that a few weeks
ago one Angus died. According
to the veterinarian, the meat was
good, so they skinned, cooked and
canned it in beef mush form for
j food for their two beautiful Ger
j man police dogs—who wait
until mealtime. Mrs. Murray
says “Os course, it’s expensive
dog food, but better than hav
' ing a total loss.” .. . Mrs. Albert
J Coppedge, home demonstration
| club member in FRANKLIN
County, says she never did get
around to counting the more than
500 quarts of food she canned last
year, reports Assistant Home
Agent Winifred Y. Wiggins, but
she did say that she practically
fed her family through the win
ter. They had their own pork
and potatoes and ate from the |
pantry what she had canned.
They were justly proud of the'
savjngs—and they ate better than
usual! J
Soil Observation
News
Continued from Page I—Section 2
The soil scientist also shows
the degree of erosion and slope
when surveying a farm. Ero
sion is the movement of soil and
geologic material by natural
agencies, i e, wind and water.
Erosion consists of two distinct
processes: Detachment and
transportation. Raindrops that
fall on unprotected soil supplies
energy for the process of de
tachment. Flowing water is the
transporting agent that com
pletes the process of water ero
sion. Both wind and flowing
f water, may detach and transport
soil particles. The purpose of
* S °U erosion mappink is two
fold: (1) To give a quantitative
estimate of the changes that
have occurred and (2) To give
an indication of the rate of past
and possible future damage.
Also, it shows what is left in the
way of productive surface soil.
Most of the soils in Chowan
County are nearly level to
gently sloping. Therefore, the
| soils with slopes are of'small
acreage and the problems in
volved are not too great. Most
of these areas having gently
sloping land in Chowan County
are composed of light texture
soils, i e, loamy fine sands and
sand; therefore, the erosion
problem on these soils are of
minor importance.
Much has been learned con
cerning the physical, chemical
and biological properties of soils
and a great deal of this infor
mation is available for practical
farm use. For further informa
tion as to how a farmer can ob
tain a soils map of his farm,
please write James Griffin, Cho
wan County Work Unit Con
servationist, P. O. Box 189,
Edenton, or see him in his of
fice in the Post Office Building.
(The article above was writ
ten by Ed Karnowski, Soil Sci
entist of the Pamlico and Albe
marle Soil Conservation Dis
tricts).
Ruby Mitchell Weds
Edward P. Forman
Mrs. Ruby Mitchell announces
the marriage of her daughter, j
| Miss Donna Mitchell, to Corporal!
Edward P. Forman, son of Mr. and
’ Mrs. Edward Forman of Fox
Lake, Illinois.
I - The marriage took place Thurs
| day night, July 3, at 7 o’clock at
the home of the Rev. and Mrs.
E. C. Alexander, with Mrs. Alex
ander, pastor of the First Chris
tian Church, officiating.
The newlyweds are making
their home at Camp Lejeune,
where Corporal Forman is sta
tioned.
Not That Way
An Irish bricklayer was on the
top of the partly-built house
and shouted to the foreman that
he could not find his way down
to the ground.
“You fool come down the
way you went up,” shouted the
foreman.
“Not on yer life. I came up
head first,” the Irishman yelled
back.
:j •. . - .
—Schcnleij
Golden ufj
AGE
$2-30
♦ / rs
I H
i iLj
scamp tiniUHS to. •isnuti bit cm. fiom ioox grain neutral shuts, jo hoof.
Taylor Theatre
Edenton, N. C.
‘Thursday, July 10: Return Engagement—
Aldo Ray, Van Heflin and
Mona Freeman in
“BATTLE CRY” __
Friday and Saturday, July 11-12-^
blasting way
t>lC fa{,,ed
And THe tes#
SATURDAY AFTERNOON 1:15 ADULT AND KIDDIE SHOW
Admission —25 c
Chapter No. 2 “ZORRO’S BLACK WHIP”
Bruce Bennett in
“Daniel Boone, Trail blazer”
TRU-COLOR
Sunday, Monday, Tuesday, July 13-14-15 —
and unknowingly
against each other and W®|
against themselves! wKmWS 'flip»’,Hi
'
!L., CHARLES BRACKET} 4 'Of i ..} M A
philip ounne
Coming... July 16-17
% BONJOUR TRISTESSE”
• CINEMASCOPE AND TECHNICOLOR
Hiway 17 Drive-In Theatre
Edenton-Hertford Road
Friday and Saturday, Monday and Tuesday,
July 11-12 ; July 14-15
JERRY LEE LEWIS In HENRY FONDA and
«T » ANTHONY PERKINS in
Jamboree “The Tin Star”
■ ■ *
Sunday, July 13— ' Wednesday and Thursday,
July 16-17
AUDIE MURPHY in T
~ - TYRONE POWER and
The Guns of ava Gardner m
Fort Petticoat” ‘The Sun Also Rises’
II Technicolor f*lnnm nftnfw-t.