Newspapers / Winston-Salem Chronicle (Winston-Salem, N.C.) / July 14, 1979, edition 1 / Page 13
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, I I " tTEMS OTlOaPEWSE 1 Rent or Mortgage ~ T Electricity Gas or Heating Water Telephone Garbage ! Cablevisioin Gifts Food Family of Food at work fGas. Oil, Lube ^ Tires, Repairs ^ Bust Car Pool Parting _ ~ Hospital, iie?iul~ ~ 5 car 5 Homi, Household S All Life Doctor, Dentist Drugs Personal items Clothing, (Replace) Laundry, Cleaning Barber, Beauty Sho Tobacco Magazines, Newspi Tuition 1-1 O School Books' ^ Lunchs Alimony, Child Sup Nursery, Baby Sliu Recreation Church Tithes Other Monthly Take Home Pav Spouse's Take Home Pay Other Income I ?H V Other Income llimiNIIIIIINIIIIIIIIIIIIIIIIUIIIIIIIIIIIIIUIIIIIHUINnilNUINHIIIIHIIII! Credit iiiiiiiiiiiiiiiimiiiiiiiiiiiiiiiinPNaMiiiHiuiiiiNiiuiiiiiiniiiiiiiuiHtiu "Credit was originally designed for major purchases like autos and refrig.erator, but the consumer now is to the point-where-he -takes-the-bank card -to buy toothpaste, cigarettes or candy. That family is already in trouble.d" Jackson said any family spending > more than 20 percent of its take-home ' j income for debt payments needs "to turn around and take a second look at their priorities.? His average client has an income of about $16,000 per year and ten creditors for a total indebtedness of $9,000. "Everybody can pay $10 a month on an account, but can they pay ten or fifteen accounts at $10 each,Jackson said of families with multiple accounts. . He said consolidation loans are not the answer to credit woes. "What they're really saying then is that 'I can't pay $100 a month but I can pay $125.'" Credit plays a major role in the local economy. A 1977 survey by Belden and Company, a New York research firm, for Media General; Inc. showed that 85,000 adults, 54 percent of total adults, had? one or more credit cards from banks or department stores. Among blacks, 42 percent held at least one card. Waughtown ^ Nurses ,i The nurses board of the Rnelrfi Waughton Baptist Church held a birthday social in the u c w r?11 *>*i washers & c home of Mrs. Ellen refrigeratoi Williams, an honorary ranges & dm , al trash comp> member recentlv. window unii and plumrin The honorees were Clay I AH Hargraves, Ruth Galloway, H Ella Mae Williams, and HflHj Luverta McCrow. The I guests present were Carl \mW Eller, Mary Hargraves and I Norvella Wilson. Members present were Jeanette Eller, Louise Streter, Bertha Tucker,--BI Gladys Gaither, Doretta KaUubUUh Hays, George Charles, Jr., II Annie Bacote, Hattie Patton, Johnny Carter, Theopia Meadows and Fred I V* P Wagner. t p locr t port 5T | ?TOTAL , Total Income % Minus.Total Living Expense Payments for Creditors -I L_J iiiiiMimiiiimimiiiiiiiiimiHiiiiiiiiimiiiimiiiiiiiiiiiiiiHiiMiiii From page 1 iiiiiuiiiiiniiiiiiiiaiiHiiiiiiiiiiiiHiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii Respondents reported that between a tenth and a third of their purchases at various stores wereby credit cards. Eat-White^a ^enior-vice-presicfent-for retail loan administration at Wachovia Bank and Trust Co., N.A., said the rate of consumer credit is growing at a healthy rate of about eight percent. He said the bank is not experiencing an. unusually high rate of late payments . of bad debts. "When lending, we try to make certain they have the ability to make the loan " ?aiH WViit#? Jackson said, "We definitely believe in credit. When properly used, the bank charge card is the greatest thing in the world. As long as you use it and pay from 25 to 30 percent of the balance every month, you're not hurting." "Once you start paying the minimum, you're hurting," he added. The credit counselor, a veteran of 25 years as a credit worker at local retail stores, advises persons with excessive debt loads to unload before the predicted recession. "Wo suggest that people make some changes today, so they won't have to make major changes next year," he said. PHONE 76-7-9090 I n'? Home Appliance Service ALL WORK GUARANTEED 30 DAYS ' BY FACTORY TRAINED TECHNICIAN >RYERS MAYTAG & FREEZERS FRIGIDAIRE 5HWASKERS WHIRLPOOL VCTORS & DISPOSALS KENMORE TS ADMIRAL IG KITCHEN-AID ^ U. H. Stacker ill 767-9090 * - East Winstor By Yvette McCullough Stmff Writer Attempts bv local citizens to have a Post Office or a postal vending machine placed in the East Winston area are futile, according to Postmaster John Schoolfield. Schoolfield said that locating a post office in East Winston would not be profitable nor feasible. "We try to place a retail outlet in a reasonable commuting distance and in an area that would generate the most, revenues," Schoolfield said. "In thatarea (East Winston) you would basically be serving residents and that doesn't generate muchjrevejiue.^ ? Dr. Raymond Oliver, a local dentist, htxj numerous "Tetters to the Postmaster" General in Washington, D.C. about . Dorothy Virginia Langstc Mrs. Dorothy Virginia Langston, age 58 of 13( Street died Sunday, July 8th, at Forsyth M t T :*_i ? ? - ..... nuspuai aner an extended illness, bhe was a mei First Calvary Baptist Church and a long tim member of the church. Survivors include one son, Mr. Thomas Lang Detroit, Mich., the mother, Mrs. Annie Robinso sister, Mrs. Edith Jordan, both of Mulliins, SC ar relatives. ' Funeral services were held at First Calvary Church on Wednesday at 4 p.m. with the pastor, L. Wilson officiating and burial following in Pi Memorial Gardens. (Forsyth). ^Thetollowing students from Winston-Salem -scholastic avetagp of -VP nr better at Livingston and were chosen to be on the Dean's list. The students are Benjamin Plggott, a seni Corbett, a freshman. Oliver Wheeler, a juni Howard, a senior, Rayonette Crowder, a senior Lynch, a senior, and Pamela Matthews, a freshmi r Sale on Now " """j11111 ?g* * *? j *?* It!**'* j j tZZZZZZ - Z'^mm *" T" *"*' ! t 1 T " t :::u / I M. m mmrrn I. wvt III 20% - TO 1 50"o j ?-I?.*- *-+ fjt VISA AMERICAN EXPRESS MASTERCHARGE J /? I i Post Office Ri placing a postal facility in the East Winston area. He said he also contacted Rep. Stephen Neal, D-N.C., in hopes of getting some assistance. Oliver first began exploring the possibilities of having a postal facility placed in East Win?ton in 1975. He was told that he would be contacted by a customer service representative to discuss the needs in the area. "A customer service representative did call me and ask questions concerning postal facilities," Dr. Oliver said. "But I have heard nothing since. "I think it is past time to follow up on the need for postal facilities," Dr. Oliver continued. "I think communify to stiumulate further activity regarding )1 Mint |! The, / it tie Th WWW V M> ? W WWW emonal TSi Neil Simon's Cc ;ston of Starring: Nell Brittori, L n and a B Rolanda Watts id other ^ Baptist Dr. W. _ edmont_ College [ i ? or Jmy July 20-28 Plcnii Show time 8:15 r an. ' ' jr^t~" ~ "WMt? * m The M< Jp' Winston-Sa Waite ^ ^rrn lmmiijjjnj :ji'! n I :n) 11 n :: V*T * j \ - m 11M P^fT -' t j-114U4l] fill ^ ' f-j-*4^r^ I l[lllli;r~~ I i|(pF SemM ll^- Clear, OA I Entire Sel m Men's Q SHl rutu: =|pm v-iumi 11. Wl DOWNTOWN. WINSTON-SAl 101 W. 4th St. , Phon? 724-0548 jk.. * * The Chronicle, Saturday, July 14, 1979 Page 13 Liled Out this matter." Schoolfield said mat any one interested in postal service in an area of the city should write him a letter and that he would look at that area and see if it justified a postal facility. He said the post office did a survey three years ago throughout the city and found that the ip-service postal outlets were in the best locations. % "Placing a, postal outlet in that shopping center area (Claremount and Cleveland) wouldn't be justifiable because it would be too close to the main post office on Fifth Street^''^Schoolfield said. "The Jetwav Shopping Center mhVilli irrvr tin Mfill? rniitrmii ind "" * "Bit itwa1 WUUIUn'T' UUIIIUIL "Himli i?.i?^ revenue. eatre Presents: 5 ilifornia Suite .arry Womble, Lewis Thicker, i ? ind other local talents. jj ft I e served at 6:30 p.m. ;i >.m. Call 723-1666;: 22S2S22SSS2SS2S52S52&S2S2S522&S2S255522S2SS222S22SC t/Hw t I"!-T It * ^ ^' I en of ilem Have d For! - ^ . I ( t . I M H < M t f? tX ) t 1 l t M 4- ? i t ? ? ? j ? ^ M ? ? J < 4 ? ? ? ' Jx . i u . . > M - ) i ) M < 14 f f f H M M ' ' 1' \ ;-; li ,rrt TTrrrr u Li ! n M t - ' \;:::il\-^M : annual m H :;;::il ance ?1 ? mmaM ? * i i f t + 4 * I :::::: I ^^B|[|||H' :::::: ^1 H ? ? ? :::::: i t * ^ ^ * i v tr M I ection ||| I ill fill uality "i| I i Hit) ttttt r t-rrt t r t r t-t-t 1 t i i i I I i I I ? ' here? "follow the arrow < It i !?*! -EM CLEMMONS Climmoni Vlllago Shopping Contor Phono 766-9178
Winston-Salem Chronicle (Winston-Salem, N.C.)
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July 14, 1979, edition 1
13
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