Newspapers / The Franklin Times (Louisburg, … / Dec. 24, 1968, edition 1 / Page 7
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Major Farm Trends To Continue In '69 Declining turn numbers and rising farm expenses, two trends that have marked U. S. agriculture for several years, will continue In 1969. A further decline in U. S. farm numbers of 5 per cent is being predicted. Total net in come for the nation will drop, compared to 1968, but net income per farm is ex pected to be slightly higher. So the continuation of the rise in farm costs will not completely stop the wheel of farm income progress. l^et income for 1968 is predicted to be 4 per cent higher than a year ago at $15 billion. The 1969 figure is expected to be about $14.5 billion. On the cost list, the same Items that have made rapid increases in the past will con tinue to lead the list in 1969. These include wage rates, machinery and real estate costs, according to North Car olina State- University exten sion farm management econo mists. "With the exception of fertilizer, interest and feed, a general increase in costs of most production items is ex pected," said Hugh L. Liner. Farm wage rates have in creased at an average rate of about 10 per cent per year in the South Atlantic states, he points out. This rate will con tinue, spurred on by a strong demand for labor in the non farm sector and an increase in minimum wages of 15 per hour for covered farms. Farm machinery prices in creased about 5 per cent dur ing the past year. A similar increase is expected next year. Although the national average price for hay may decline slightly, an increase is expected in North Carolina where silage, hay and pasture crops were damaged by sum mer drought. A similar production situa tion existed with feed grain, but prices should be slightly lower in the state due to a large national supply. Pro cessed feed prices are ex pected to average near last year due to higher processing and handling costs. Other items: feeder cattle prices fairly stable first quar ter with a decline likely in the last half, depending on teed outlook; feeder pig prices at near fall 1968 levels through first quarter of 1969 with some decline expected later in the year; replacement dairy heifers slightly higher as milk prices increase; other in creases expected for gas, oil, chemicals, building materials, etc.. farm real estate, and real estate and personal property taxes. As for farm income, Dr. Fred A. Mangum, Jr. of N. C. State summarizes it like this: "With prices of both crops and livestock under pressure, prospects for farm income in 1969 are less favorable than a year ago. In Service JAMES PIPER PLEIKU, VIETNAM (AHTNC) ? James Piper, 20, son of Mr. and Mrs. Johnny Piper. Route 1, Franklinton, N. C., was promoted to Army specialist four Nov. 24 near Pleiku, Vietnam, where he is assigned to the 4th Infantry Division. Spec. Piper, a rifleman with Company C, 3rd Batta lion of the division's 12th Infantry, entered the Army in January 1968 and completed basic training at Ft. Bragg, N. C. He was stationed at Ft. Benning, Ga., before arriving overseas in August 1968. The specialist attended Franklin (N. C.) High School. Meal Planning The Agriculture Department has reported a five-year program to help low-income families plan more nutritious meals with the food they have available. The program which is underway has about $10-million allocated for this year by the Federal Extension Service. Nixon's Slogan The theme of President-elect Richard M. Nixon's inauguration is being changed from "Bring Us Together" to "Forward Together." The original slogan was adopted after Mr. Nixon saw it on a sign at a campaign rally. RECORD^! SALE L0UISBUR6 RECORD & BOOK SHOP CLOSED WED. & THURSDAY FOR CHRISTMAS OPEN FRIDAY WITH OlG-BIG-RECORD SALE sW* ???' TOP 100's IN 45 RPM'S CASH BOX RATING) 7fV REG. $1.00 NOW ONLY # wy NO TAX TOP RATED ALBUMS Pfx ?FG. LIST PRICE 53 50 $4.88 NOW ONLY no tax INEW BEATLES LP. 8.001 INEW CANNED HEATS LP 7.00) GIANT RECORD SALE LOUISBURG RECORD & BOOK SHOP lAcross From Louisburg Theater) FRI I CAT DEC- 27 & 28 l-KI. & 5AI. OPEN 9 TflL 5:30 P.M. LOW-LOW-LOWEST PRICES ANY WHERE! Is something in your savings program? We can fill the gap with our rewarding, flexible 5% Premium Passbook Plan. ? Make an initial deposit of $500 or more. ? Add to this deposit any time in any amount. ? Daily interest compounded 4 times -) a year. ? Withdrawals may be made on 90 days written notice. FIRST ? You earn from day of deposit. liCfll CITIZENS V BANK THE CAN DO BANK WITH-4HE CAN DO PEOPLE' MfMIHA AC*** Ct^OS'T ISSUtANCI C0?*>0*ATlO* ft T?uST COVPAN> 1965 ? FAA And Air Jams The federal government has issued restrictions which are aimed at easing the mounting problem of air traf fic congestion. The restriction will begin at five airports in Washington, New York and Chicago April 27th. Missiles And Tanks The Army has awarded the first production contract for a new missile designed to knock out moving enemy tanks more than a mile away. The $56,371,527 contract for the missile, called TOW, was given to the Hughes Aircraft Company. The Frafi'Mflh Times Pwbi.vhed i.f, Tw.?dj, 4 Thundty S#r?iaf All Of Fr*?kl..? CmtMy 99th Year ? Number 89 Tuesday, December 24, 1968 ?page 7 U.S. Printing Rates The Government Printing Office has increased the Cost to the public of Government ?printed booklets and hand books. This is the first in crease in printing such ma terial in 17 years. The in creases range from a few , cents to double the present cost. Embroidery Inspires Motif For Inaugural Medal ? Washington ? For the first ; time in history, artwork j created by a member of a President-elect's family will be reproduced on an official inaugural medal. The reverse side pf the 1969 medal will feature a sculptured miniature of the crewel pattern Julie Nixon embroidered for her father. Presidentelect Richard M. Nixon. The design depicts the Great Seal of the United States and the words: "TO RN from JN." Mr. Nixon suggested use of the em broidery as the motif for the traditional medal, according to the Inaugural Medal Com mittee. On Sale Befroe Inauguration The committee, headed by Dr. Melvin M. Payne, presi dent of the National Geo graphic Society, announced that two types of medals will be issued. Proceeds are used only to help defray inaugural expenses. Bronze versions, 2-V* inches in diameter, will cost $6 each, including an easel designed to display the medal. A limited issue in solid silver, bearing serial numbers 1 to 15,000 and measuring 2'<4 inches in diameter, will sell for $45 each. The medals are scheduled to be available for purchase in the Washington, D. C., area around Christmas and throughout the Nation by early January. They will be sold at Ih augural Headquarters and stores in Washington and by mail from the Inaugural Medal Committee. Post Of fice Box 1800, Washington. D. C. 20013. For the first time, gift certificates-permitting the purchaser to order a medal for someone else, with an appropriate card enclosed will be available at a number of stores, hotels and other sales outlets. Sculptor Commissioned Ralph J. Menconi. renown ed sculptor of the John F. Kennedy and Sir Winston Churchill Memorial Medals, has been commissioned to de sign Mr. Nixon's medal. The 52-year-old sculptor, who lives in Pleasatitville, New York, and has a studio in New York City, gained fame among medallion col lectors in recent years as the creator of the Presidential Art Series, the Statehood Art Series, the Signers of the Dec laration of Independence Series, and the Assassinated Presidents Medal. Official inaugural medals have been issued in their pre sent form since the second inauguration of William McKinley in 1901. The Nixon medallion will be struck by the Medallic Art Company of New York, which also produced the of ficial inaugural medal for Pre People, Spots In The News THEY LOVE a parade in Moscow, so they can show off their inter continental ballistic missiles. Jm i SOI TH YIKTNAM - il l almly views vtllajro ilovastati'il by enemy attack. .. _ "W KX - PRESIDENT Harry Truman walks briskly home from votinjr place. ? COLORADO may be "oil country" as Oil Shale Corpora tion takes cores to determine thickness, quality, depth of oil-bearing shale beds. Hilly tract is government-owned. sident Lyndon B. Johnson in 1965. One medal will be struck in gold for presenta tion to Mr. Nixon. A silver version bearing serial number one will be placed in a leather case and given to Vice Presi dent-elect Spiro T. Agnew. You can test your own intelligence by your reaction to a new idea. ** DOU/C'S v W MENS SHOP BEGINS AT 8 A, M. - FRIDAY MORNING DECEMBER 27th
The Franklin Times (Louisburg, N.C.)
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Dec. 24, 1968, edition 1
7
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