Predict Squeeze
For The Farmer
—#.—
B> Edward H. Simms
Washington ( orrcspondcnt
Washington. Indications are
that the U S farmer is giving to
feci the squeeze ot lowei food
prices in 19511 Practically all of
the "expert' fovecastt rs. and gov
rrnment agonea • exp«vi food
prices to drop in the current year,
even though they look for a gen
••rsliv p;.a pi : u, y. with in
creased total pi ol its. itl all sen
merits.
The trend has actually been
downwaid in food prices since late
summer It is expected to con
tinue well into the year Since
August 1952. the average prices
of retail food have dropped be
tween 2 and 3 percent And in
most cases, the decline has been
J'elt by the tanner producing the
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I basic ingredients more than any
one else.
One of the problems facing th<
new administration will be how
. to keep the farmer from feeI ini
'the full effect ot lower retail fnoc
•prices l'p to now the middle mer
I have come off without ma jor loss
is. paying the farmer less when
s*. lling for less, hut always pre
serving a nice profit margin
One reason food prices seem
sure to decline further is the re
•• i o-JIlihei of livestock Of' 1/ S
farms coupled with a slackening
for foreign demand for U. S. food.
Large grain stock:- are also on
hand, which add- weigh! to the
probability of shghtl.y lower loori
prices. Although the V S popu
lation is steadily’ rising, as is the
standard ->1 living, both of which
increase demand, the drop of for
eign demand is expected to’oflset
the natural increase in domestic
dema nd.
Tin latest statistics show that
farmers are paying less foi goods
and services hut are also being
paid less foi their products, and
the prices they receive have drop
ped faster than the prices they
are charged. Thus one of the mo
jor domestic problems ot 1953 is
how to keep that process from
continuing. Congress may be forc
ed to look into the matter for lai
tilers are sure to complain to Con
gressmen And many Congress
men already know there can be
r o
It K
S L U E ,
I N S i H E
THE LIFE
INSURANCE COMPANY
OF VI l{(; EM A
W. G.
("BILL" PEELE
Manager
WILLI AMSTON
N. C.
^********
GREAT
OAK
BLENDED
WHISKEY
$2.00
pint
$3.20
fiilh
14 finl 70 % Srtll Mtutrgl Spiilh
i Austin^ichols
(ColR Inc.
Shows His Catch From Currituck
M
Joe Winslow ol near Robersonville is shown with a largo catch ol fish he made recently on a
trip to Currituck sound.
Big Demand For
Inaugural Medal
Washington ( orrespondent
Washington. -The "Eisenhower
modal” is proving such a hit with
the public that extra liclp is being
hired by Republican inaugural
headquarters to take care of th<
flood of orders.
The official inaugural medal foi
President Dwight D Eisenhower
is being prepared in. New York.
Thi first one. in solid gold, will be
presented to Ike himself. Bronze
copies are br ing sold at three dol
lars apiece. Anybody can buy
one, or a dozen; and hundreds of
orders are coming in.
Gilbert Hahn, Jr. chairman of
the medal distribution subcommit
tee. said. "Some people seem to
have the mistaken impression that
distribution of the medals is to be
limited to close fr iends and asso
no total prosperity unless the far
mer prospers in a county where
most of the people live on farms
and m towns of less than 10.000
population
Hates of General Eisenhower.
That isn't the ease at all. Anyone
who wants one can place' an ordei
for any number ol medals desir
■ ed."
Designed by Walt* i Hancock of
the Pennsylvania ' Academy of
Fine Arts, the medal shows a pro
lific of Eisenhower on the face
while on the reverse- is an Amen
can bald eagle symbolizing peace,
with a border of wheat sheaves
from Kansas, Ike s boyhood home
state.
The lost design showed the
General with his lips in a serious
expression. He and many others
i objected that it made him look too
I grim. So the corner of the lips
has been turned up a touch to in
dicate the famous Ike grin. Hahn
says the likeness will lie ‘a bit
more relaxed and folksy."
A sample letter sent in whth one
I of the orders for the medal is this
| one from an Eagle Scout: I was
I at the Valley Forge National Jam
j boree of the- Boy Scout.- of Ameri
| ca when General Ike spoke to us.
j Since then he has been tops for
I me ... I believe in him so much
jl want one of the Ike Inaugural
‘ Medals."
Ford Company Is
Fifty Years Old
Ford Motor Company, is fifty
years old this year.
To mark its 50th anniversary,
the company has planned a series
.of commemorative events during
j 1953.
Highlight of the anniversary
year will be dedication of the
company's $50,000,000 Engineer
ing and Research Center in Dear
born, Mich. The ceremony is set
for June 16, date of the company's
incorporation in 1003, It will be
followed by a state dinner to be
attended by several hundred na
tional figures.
On the same day, company of
ficials, Ford and Lineoln-Mer
cury dealers and their wives will
attend anniversary banquets in
33 United States cities in which
Ford maintains plants, parts
depots, and sales offices.
A pictorial book, “Ford at Fif
ty", will be published by Simon
and Schuster in April. A por
trait of an industrial enterprise
Apple Crop Tops
10-Year Average
Commercial apple production
totaled 2,053,000 bushels in North
Carolina this year, it was estimat
ed today by the State-Federal
•Ciop Reporting Service. Last
j Year's crop amounted to 1.269.00C
bushels, and the 1942-50 average
j showed a total of 1.045.000 bush
els produced.
Most popular varieties produc
ed m the State were Delicious.
574.000: Sta.vman. 390 000: Rome
Beauty, 246,000; and Golden Deii
taken in its 50th year, the book
graphically depicts the American
•environment and the people who
I make possible the growth and
I success of such an institution.
Approximately 500,000 copies
j of the book will be produced.
Each of Ford’s 160,000 employes
will receive one. The publica
tion was edited by Joseph Thorn
dike, Jr., formerly managing ed
itor of “Life”, and was written
bv Joe McCarthy, former man
aging editor of “Cosmopolitan”.
A motion picture which, centers
around the anniversary theme,
will be premiered in Deaborn
during May.
The Rotunda, the world's larg
est privately-owned industrial
display building, will be reopen
ed as public showplace around
June 1. It was converted to an
office building during World
War II
In late 1953, the initial vol
ume of an official Ford history
will appear. Tentatively titled,
"The Rise of Henry Ford,” the
publication will cover the period
from 1866 to 1920.
I clous, 204,000 bushels These vaC
rieties accounted for well over
half the crop.
The United States total com
mercial production of all varieties !
was estimated at 92.696.000 bush- ,
els. compared with 110.660.000 i i
l bushels, produced last year and|<
1109.017.000 bushels produced on i'
the 1942-50 average.
ADMINISTRATRIX NOTICE
Having this day qualified as ad- 1
1 niinistratrix of the estate of the
late 13. F. Perry, deceased of Wil- '
liainston, Martin County, this is to
notify all persons holding claims ,
against said estate to present .
them for navment on or before '
, ’he 22nd day df November, )95:t,
i l"' this notice will be pleaded in
I bar of their recovery. All per
sons indebted to said estate are'
asked to make immediate settle
ment This 22nd day of Novem
ber 1952 Mrs. B. F. Perry, Ad
| ministrafrix. I
no 27 de 4-11-18-25 ja 1
WOOaOHBflBBB'BOeOW
EXECUTOR’S NOTICE
Horth Carolina, Martin County.
Having this day qualified as
•xecutor of the estate of Eli T.
lodges, this is to notify all per
ons having claims against said
•state to exhibit them to the un
iersigned or his attorney within
>ne (1) year from the date of
his notice or this notice will be
n bar of then recovery. All per
ons indebted to said estate will
liease make immediate payment.
This 12 dav of December. 1952.
MARION F. HODGES.
Executor of the estate of
Eh T. Hodges.
>eel and Peel. Attorneys,
Viliiamston. N. C. d-16 (it
isMBoeeeeoeoDOPj
i
V
FOR TOP MARKET PRICES
Sell Your Hogs Now To
WILLIAMSTON PACKING CO.
& Russell Griffin
George M. Peel
New Props.
MMSIMAnMAnMAMWHVMWAWWMMMVWIMMMMWVWIMWSI
Tel. 2822 f1
'»i
6
ft]
ik
SOUTHERN BUTANE GAS CORF.
The Extra Value Gas
ff
For GAS
SALES
SERVICE
Call
W, G. (Bill) ARNOLD
I'lioue 2756
Condensed Statement of Condition of
Branch Banking & Trust Co.
" U M < 1 n • UOLDSBOHO. I KLMOM - SELMA -1 \Y ETTEN1LLE - \\ Alts V\\ - \\ YIJ.ACE - FAISON - KINSTON . NEW BERN . TRENTON - PLYMOUTH . PlkEY ILLE . \\ ILLIAMSTON
At the Close of Business December 31, 1952
Resources
(lash ami Due from Banks.S 2X391,691.02
l nited Stales (fOYcrnnicnl Securities.S53.603.1U 1.1 1
< Mitigations of f ederal Airciicics . , . . ...|.. 19.360.106.73 '
Stale, County and Municipal Securities. 10.691..>19.16 **"""*
Customers Bonds . 071.601.21
Total Bonds (Cost less valualiou reserves. 01.529.011.57
Loans and Discounts Less Hcservcs. 12.130,356.27
Accrued Interest and Ollier Assets. 556,703.11
Banking Houses, Furniture and Fixtures and Heal Estate. 571.961.55
S121.190.756.02
Liabilities
Unpitul Stock—(loiunioii.$
Surplus .
Undivided Profits .
Reserves .. ,-rr...77-.
Ollier Liabilities ..
Unearned l)ise.& Accrued Interest
Deposits .
500.000.00
4.000. 000.00
2.043,767.96
17000.000. 00
03.21 \M
219,170.91
113,644,606.07
8121,490,756.32
Upon the Strength uf the Altove Statement and the Hacking of Our Directors, We So
licit your Business, Promising Every Accommodation Consistent With Sound Bunking.
Sound Banking and Trust Service for Eastern Carolina