Newspapers / Winston-Salem Chronicle (Winston-Salem, N.C.) / Aug. 19, 1982, edition 1 / Page 13
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Census J The number of voting-age from 12 million in 1970 to four states reporting a black or more, according to a nev merce Department's Census In 1980, New York had voting-age blacks (1.6 millic nia, Texas and Illinois. T1 lowered voting eligibility to 1 the growth of the black pop from 1970. Two-thirds of 4he District < is black. States with the high Small Busines ' v t : Wholesale 1 | Ingenuity n By Roy Thompson Jr. Special To The Chronicle The wholesale business is ? . divided into three general categories ? merchant 4 wholesalers, manufacturer sales branches and offices and agents, brokers and commission merchants. The merchant wholesalers are | the largest group in terms of sales, employment and number of firms. Merchant wholesalers should show a sales growth of 13 percent in 1982 with nondurable commodity lines edging out durable % . - - - ? _saies^ inflation and nigh interest rates have been depressing real wholesale sates growth unrf keeping operating costs high. The current annual inflation rate^ of 6 percent should have a positive effect on future wholesale operating costs. Merchant wholesalers buy, sort, assemble, grade and store goods in large quantities. They also expand credit and resell their goods to retailers and professional, commercial, farm, government and institu"Tional users. These wholesalers also set up and promote the markets for ?;?their-manufacturers* products and provide delivery, label designing and adveftising for their clients. These suppliers and clients include many small businesses who rely on wholesalers for support and service. Merchant wholesaling is made up mostly of small, competitive, independent business enterprises that provide a vital link between suppliers and clients. The 1977 Census of Wholesale Trade showed that 3.6 percent of wholesale firms reported annual sales of over $10 million, and these firms accounted for 59.3 percent of the total merchants wholesaling sales; ?pei tent of the. firms rep'orted sales of between $5 million and $9.9 million and accounted for 11.3 percent of total sales; the remaining 91.7 percent of these firms reported sales of less than $5 million and accounted for 29.4 percent of total sales. Wholesalers are experienc?Rutledge For Baski > * Rutledge College recently announced that recruiting efforts are underway for its men's basketball team for the 1982-'83 year. For the first time in recent history, the college will be granting scholarships to those players showing "outstanding athletic ability." Tryouts for the team will be held at 10:00 a.m., Saturday, Aug. 21 at the Edgewood Baptist Church gymnasium. Those interested in trying out for the team and wishing to be considered^ for~ scholarship Study: Bis blacks rose 44 percent ? 17 million in 1980, with < electorate of one million 1 v report from the Com- < Bureau. 1 the largest number of >n) followed by Califorie increase reflects the 8 years in all states, and ulation, up 17.5 percent 3f Columbia's electorate lest-population of voting ^ s Views ] rs' Skill, 1 TavoH ing a business environment that really taxes their skill and ingenuity. High interest I rates have brought ever- I increasing operating costs, increasing product prices, which are difficull La pass I along in full; mountin& in B ventory finance charges, shortening lines of I customer credit, and slug- I gish unit sales. Under these pressures, wholesalers are becoming cautious and taking few risks. I ?Wholesalers-are-presently-B keeping their stocks lean. I Wholesale inventories as a I percentage of current assets I ~hav?- dropped sharply, in dicating inventory restraint. I Caught between customer I "sates resistance and rising product prices, wholesalers now look to the new Fconomir Rpfni/prv Tov I vv/ ? VI J I ?A I Act to improve their financial and investment prospects. Under the new law, wholesalers will be eligible for major benefits, in eluding accelerated | depreciation of fixed unit, particularly structures; I estate tax reform for I family-oriented businesses, inventory valuation im- I provemenis, corporate in- I come tax reduction, an in- I crease in the amount of us ed machinery eligible for in- I vestment tax credit and an | increase in the tax credits for rehabilitating older m buildings and accumulated I earnings. As a first step in planning to handle changes in the wholesale business, wholesalers must examine the efficiency of their business operations under current market conditions. Operational and organizational changes may be needed to minimize potential losses or to take advantage I rtf nam tmAn. ? *' \ji uwn uauc vjpjjui lUIUllCb. Computerization and I market research will aid in I quickly spotting trends in I wholesale sales. The trade association for wholesalers is the National ^Association-of Wholesalers- M Distributors, 1725 K. St. N.W., Washington, D.C. 20006, (202) 872-0885. For additional informa- I tion contact the Economic I Development Division, Center for Improving Mountain Living, Western Caro-lina University, Cullowhee, N.C. 28723. Tryouts I itball Set I grants should contact the I admissions department at Rutledge at 725-8701. Rutledge will also be gran- I ting cheerleading scholar- I ships for those persons in- I terested in being on the I cheerleading squad. 1 Cheerleading tryouts will be held at a later daflS" The college had announced earlier that it has agreed to play in the National Little College Athletic I Association, a group of smaller two- ^mch four-year I colleges. 1 ick Voting-A ige blacks are Mississippi (31 percen CTarolina and Louisiana (27 percent), G< percent), Alabama (23 percent), Marylani :ent), North Carolina (20 percent) and Vi sercent). In 1980, blacks comprised 10.5 percent of oting-age population nationally, with 53 p< ng in the South. In 1980, 9.8 million black* >eing registered while 8.3 million reported lie 1980 etectteivEaBSSaaHAl Wrmi Awehbb ^ ttoocjMUMi am ^^^^jj|jj||| 1 p" %\ . V , ? . uj. " .? Fri. Aug. 20 9 ~ 12 midni< Sat. AugAt9-9 Mgj / AND I/YARD Whirlpool I ^Krip I IlLViMBB i SSS M \V nS!Aa wmtti Lhmhhmhmh Lge Population 1 t), South The black outmigration from th ?orgia (24 in World War I, and which sp d (21 per- blacks throughout the United irginia (17 mid-'70s, considerably equalii distribution of blacks. Neverthel* every six persons of voting age the total b)ack ?rcent livJ reported yhe Spanish -origin voting-age pi voting in ecj about $.$ percent of the total California and Texas together co: TV APPLIANCE aht SILAS CREEK WINSTON-SALEI^g^C trrfri/S i)J?^ ^r ^^MAGNJ^X ^MA^WO) " ' ' N ' ' The Chronlcl tises To 17 e South that began Spanish-o read settlement of million), I States until the Florida (6 ^ed the regional voting-age ?ss, in 1980 one in The repo in the South was voting-age Hawaii, nation's v< opulation compris- in Novem electorate in 1980. total for t ntained half of the in Noveml * wHIN1 4 m iiiKwIPl VVL] j HI-FI "" j? DO1 k ^ m iBsMH III Iw w* White Westinqhouse [emm?jj2]l W* in eraiw \mmm Wl II f e, Thursday, August 19, 1982-Page 13 Million rigin electorate (2.8 million and 1.8 followed by New York (1.1 million) and 29,000). Nearly 70 percent of the Hispanic ! population resided in these four states, rt notes that women are the majority of the ; population in all states, except Alaska, Jevada and Wyoming.^It projects that the otirig-age population will r??ach 170 million ber 1982, a five-million increase over the he 1980 election and 29 million more than ber 1972. 7C $000 MSTAMT cstprr ?** c*jpruv?d NO I INPAYMENT I Jp to 36 months to pay! GREAT?I? K SAVINGS I ^ NOW! I ^gg" \| \M\ *'" 1 FISHER H *
Winston-Salem Chronicle (Winston-Salem, N.C.)
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Aug. 19, 1982, edition 1
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