Ijhere is general agreenien’ among economists th :t busines: activity fvilJ be vi rv ! ,i ;n early 1353 with some ol the loading business indexes establishing ivw fecoid highs in both the lost one second quail *:>• Th*-:e appan at ’v Jess as,.< < .. , - , when they will u (hen and either level off or start dip ping downward s ha slight slipping T . be«.. J iii the third quarter, whereas j'.t.-eis think it will not come he .o:, tlie 1 urth quarter of 1953 or j tin.’ first quarter ol 1954. The | United States Department of Ag ; ricu’t are estimates presuppose net the peak in general business e"\i?\ will come in the third ! qu. ; ler of 1953 and that only a ry Oight dip will be evident in in" fourth quarter. L> n.astir demand fhr farm pr > i- evpeet* d to continue at a ■n.yit level during most ol 19.33. N,.-.onai employment may con 1 tiniu to increase moderately and ifit.-''■ •.!.« anoino will he higher foreign demand rm u. b. farm products—an important segment "f demand, particularly for such products as cotton and tobacco. - likely to be substantially below H*52 levels. Several factors are contributing to this reduced ex port demand. Among them are a .general increase in foreign sup pits of wheat, cotton, and some 1 rails. Also, the continued tight dollar situation will reduce Am oi icon sales to some countries that ii' nually are important customers for American farm products. They, as well as other importing eoimtries. are taking advantage of which are also cheaper than American products. h growing conditions are about i verage next year, the volume of n marketings in 1953 may be large or slightly larger than in 1952. However, with slightly lower farm prices in prospect as a result of heavy marketings of some products—for example, cat tle and some slackening in the over-all demand for farm predu ucts both cash returns from farm mm ketings and gross farm income an likely to be slightly below 1952 levels. Commodities for which cash receipts are most like ly to be higher, according to the Kunau of Agricultural Econo mics are dairy products, chickens and eggs, corn, and oil-bearing crop- Receipts are likely to be smaller from wheat and tobacco. Pit sent indications are that cash returns from farm market ing in 1953 are unlikely to ex ceed this year's expected level of $33.5 billion and are more likely to bi slightly smaller. In addi tion to the cash receipts, gross farm income also includes the value of home-consumed farm -products-, the rental value of farm dwellings, and Government pay mint to farmers. These other iten m gross income probably will be about as large in 1953 as in 1952 Consequently, gross farm income appears likely to be only moderately under the estimated 1952 level of $37.(i bilion. The total cost of farm produc tion has risen in 13 of the past 1-1 years and is expected to rise again slightly in 1953. {This in crease m expenditures will result both from higher prices of the things farmers have to buy and from larger quantities bought. No crippling .scarcities of the typi that would cut farm production are anticipated, although win fencing is likely to continue scarct through most of the next year. As a consequence of the slightly reduced farm income and slightly higher production expenses, net farm income may Ire about 5 per cent lower in 1953 than the $14,2 billion expected for 1952. In view of thi e; pceted further small in North Carolina 4-H Winner Honored Thomas H. Young, director of adv -; fur United States Rubber Company (left), congratulates Ann Lyon M Into -h of Creedmoor. North Carolina, one of twelve national ^’if'hcrs of : Na’ional 4-H Rcoi v*a1 ion ind Rural Arts Program at a recent “Sha.t; T; ■ Fun" breakfast in Chicago. More than 700 persons, including state and agi unilhua! extension pei snnnel. were guests at the breakfast given in honor of the winners by U. S Rubber Company, awards donor. Ev6Bt was rvar4 n' hr* 31st National 4-II Club Congress. \IK>I VN Julius Wade (Jerry) Fore hand, an Enterprise employee before entering the service a short time ago, is completing his basic training at l.ackland Air Force Base, San Antonio. He is the son of Mr. and Mrs. T. E. F'orehand of Williams ton. • cm*** in prices paid by fanners, indications arc that the sna/lcr icalized net income in 193 will have the smallest purchasi ig pov. er of any year since 1941 aid only about one-third more th n aver I age during the 5 years 19)5-39 The high level of don cstic dr rnanri lor farm products mnei ally will he a vei y favorahh factor in the Fifth District. Prospects an 1 for substantially small* i exports of both cotton and Utbai but d< I spite the lower export demand, d appears that both crop: will con tinuc generally profitable Toha. co acreage will be re need sin stantially in 1953 as a i uIt ol tD smaller 1953 acreage llotnienl for flue-cure tobacco. It is to I expected that income in lluecun tobacco areas will declim , sin most farmers will be unable to niakc other change in their tarn busim - which will offset tin Cuttoii acreage will he unenn t> "lied in 1 half and I he pile, will be supported at 90 percent of par ity Present indications tire that the carte over next August 1 will hi smm one-half million hale. Tarta r l han in 1952 . The increase in national eatth si. uglitci in 1953 is expected h push total meat production mod cratch above that in 1952 despitt the expected shsht reduction it Bog stiiuuhterr- Heavy fnarketnvgs ol i 'ttli m 1953 may force somt tui tin i reduct toil m prices lot live animals. The abundant'., ol beet will tend to prevent any i tie lease m Imp prices and may di pj iv lamb priei s moderately Consumer demand for milk wil continue at ;i high level durtin 19VI. and until the 1953 pastma si .on begins, prices will reman above the levels of corn ipondint months of this year. Dairy farm e; nil continue to feel the cost pm. squeeze, however, and wil tints he undo pressure to met cast production efficiency The BA1 foresees a mot e favorable out loot fin egg producers than a year apt [but expects possible further tie a• in profits for broiler produe • Iiilview of (In outlook for Ini Miter slit inking of net lartn inennu n 1963, 1 11 tilers ai e under men.a d pressure to reexamine then lartn business for opportunities h ticvease pmduction efficiency For some y. ars now. farmei s have been men mg t heir product ion ■ffieieney m tei nr of output pet icre, pet animal and pel man. Much ol tin increased production ffieieney that lias been achieved has come about by the siihstitu tion m tin pmduction pmccs. ol in inereasim tmount of goods and erviees pi educed off the farm aid thereby involving cadi ■ \ iientlittii i . Indication are that ovei tin oast several years, tin farmers' I verage ea cost, ol pmduetion t»er unit of Inrm product ha tend dt. i in tobacco ineom [<■(( to increase, oven when an ad ijusiment is made r.ir the effect ol I pi Ha increase*. [n fact, one analy sis indicates that the "increasing t 11 ii lencies about which wo talk increased.yields per acre and per animal unit and increased output per man -have been achieved in part h\ the substitution of almost 13 percent more off-farm yobd and services pi r unit of farm pm I duetion."' This increased eom ! mereiaii'-eition ol lyrieillture is. ‘ .jvf.Uw*..1 m th( higher ! e.i.sh cost ot C;,rin production and | the more than doubling ot farm | debt singe 194(1 oS\ i‘v ' f f VlVi li'J, i rapidly from slump .. f /9S3 i n g: May a wealth * § of happiness lie ahead. Clark s Pharmacy W i!iium»ton, V ( PWM.1W " J'J *w:: BELK — TYLER’S 4 If G /// ‘‘ef ******* , 90 PR oof '•"im*,,..-•••*' BLENDED WHISKEY, NEUTR* cnODE8HAW i WORTS LKi SPIRITS DISTILLLD I ROM GRAIN ITEt), PEORIA, ILLINOIS i < (onnly V omif! Men Join The l . S. Hr force -<• Th11‘ • Martin County voung men, Hubert B. Stvon of James - vi11■ ■. Joseph Daniel Robertson of Williamston, and Clifton Lee Crawford of Rohei sonville. re cently joined the U S. Air Forte, according to T Set Elmo Lt Biane. Ideal reeruitei These men are now taking basic training at Lackland Air Force, San Antonio, l'"\,o f'pon nan pletion of fla ir !, si, fanning they Will be assigned, to one of the many L ehme. l schools ot the Air Ait Von < an. ts no pi;, i a. nr I back i>r "sii etch-out I" MOUNTAIN RIDGE STRAIGHT BOURBON WHISKEY $465 I $230 4/S Quart *** Pint ;• ><1F *»»■•«» ' K)«K»0’* Raliru (nr '‘Hot Rod” l.i Roller (An* Full* Oakland, Cal.—A police car— with a policeman inside—became a hot-rod in the strictest sense of the word recently, when a wind storm threw a broken power-line canym:: 2.300 volts, across the automobile The officer, Chas. Woodworth huddled on a cushion and radioed for help. A power* company emeigency crew wa $ sent to cut the line, MAKES AWFUL FACES., BUT SHUNS OUR GOOD i BAKES OIL COMPANY May success and happiness be your comoanions on'the road ahead. Harrison Oil Co.