Newspapers / The Waynesville Mountaineer (Waynesville, … / May 24, 1946, edition 1 / Page 10
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S fl' r'.'f. " i . T f '1 ,T 'Til1 ' 1 , tvl ! t'.t 1 !! ' s, H 1 -I iil: ! V ' 1 ;-.:r :!'-'.' r. r v ; I ; in; ml 'N1 i. i 1 , -.Ijif-' f V 1 r ' r iff-. PAGE TtTO (Third Section) THE WAYNESVILLE MOUNTAINEER Many Scouts Receive Awards Monday Might At Monthly Court forty Boy Scouts of the Pigeon River District were honored al the monhtly meeting of the Court of Honor last Monday evening at Bethel high school. In addition to the class promotions (here were 27 merit badges awarded and one btar and two Life Scout awards i r -1 1 1 r '. were presented. I m.hki,. vv Bethel's Troop 12 was host to the Jack il Court of Honor and inemhers of j -the troop took an active part, j Slann Charles Ledbetter acted as court ! I!i ha onor Superlatives Of Bethel School i. Will Most a 1 1 friendly: Claude F'rady. dr, lit I tv Clark. Jencie (ite. Loreue Ledford. lis. (ieueva Massey, Joe Mo I clerk; Billy Mainous and Hugh K. Terrell advanced the colors; and Stuart Sentelle led the pledge to the flag. Advancement Chairman W. I'. Whitesides presided over the court , with the Rev. t). L. Kohinson of fering the invocation. The highest honor awarded at this meeting, the rank of Life Scout, was presented by the liev. Robinson to Louis dates, son of Mr. and Mrs. L. K. Gates, of Can ton, and to David Deas, son of Mr. and Mrs. J. E Deas, of Canton. Both these Scouts are members of Canton Troop 1. The rank of Star Scout was pre sented by L. E. Gates to Louis Stephens, son of Mrs. John Stephens, of Canton, also a mem ber of Troop 1. Sixteen Scouts were invested as Tenderfeet in a ceremony conduct ed by F. V. "Smoky" Smith, as sistant executive of the Daniel Boone Council. They were: Barry Pate, Canton Troop 1: Ernest L. Davis, G. L. Kinsland. Jr., Johnny Korbler, Wade V. Francis. Johnnie Heinz, Dickie Wilson, and Buddy L. Franklin, of Waynesville Tnvip 2; Tommy L. Clark and James A. Trantham, Canton Troop 4: Teddy R. Jones, Lake Junaluska Troop H: Charles R. Noland and Teddy J. Smith, Crabtree Troop 11; James R. Dayton, Canton Troop Hi; and Charles R. McElrath and Charles N. Stinnett, Canton Troop 17. Joe Morrow of Lake Junaluska Troop 8 and Carrol Henderson, of Canton Troop 17 received their promotions to Second Class Scouts from J. E. Deas. Five Scouts of Crabtree Troop 11 were presented their promotions to First Class by R. W. Robertson. They were J. R. Caldwell, Jr.. Kel ler Wells, Walker B. McCrary. Mar tin B. McClure and Billy Welch. C. E. Mainous presented 27 Merit Badges to the following 14 Scouls: Canton Troop 1: Philip York and and Louis Stephens. Waynesville Troop 2: Robert Harry. Canton Troop 4: Billy Myers. Charles Hawkins. Max Smathcrs. Charles Poindexter. Bobby Cog burn. Joe Byers and Eral Seeley. Lake Junaluska Troop 8: Gene Yarborough, John Terrell and Ben jamin Latimer. j Canton Troop 16: James R. ' Lyerly. The annual Camporee for the Pigeon River District, to be held at Camp Daniel Boone on May 31 and June 1, was announced by C. C Poindexter. And M. V. Bowles announced the plans for a Train ing Course in Leadership to be held in conjunction with the Camporee. industrious: Richard 1 vol. s Wayne Grogan, Metcall. Milliard Phillips, 11 da Parks. Hilly Mainous. I! Must courteous: Hetty Mae Farmer. William Whitesides, 2 voles. .Iareatct Cogburn. Louise Keece. 2 votes, pi ederick Murray. luic;!!n I : ik'Iki iiii ri . Maxine Hardin 4 Most athletic: Hilly Wells. 5 voles, ('aniline West. 2 votes. Hill Ti nil. 1! vole, ' lit : I ctlien: Richard Stanley. 5 votes Wilda Hiottn. Hetty Clark, .fence- i i; fit llupli Poston (I Mn'l ambit ions: Wanda Mas s"n . William Whitesides. ii votes. 7. Most likely to succeed: Do lores Voik. liiclwud Stanley, f voles. Hells Matili. ws. William W hill sides. Ii. Mot studious: Kave Hyde, Richard Sainey. Dolores Yolk. 2 Votes. Ruby Lee llatkins, Reba Metcall. Nancy Poston, Davis Whitesides. 2 votes. !). Pest actor: Hugh Poston, Wil liam Whitesides, Wayne Grogan. ? votes. Don Recce. Roger Buch anan. 2 Mites, Charles Ford. lie.', actress: Loui.se Recce, 3 vote-. Anne Wells. Dorothy Buch anan, 2 votes, Janet Deaver. Phyl lis .b an Rogers. Winifred Burnette. ID. Mo-.t talented: William White siili s. 7 voles. Way tie Grogan, Marilyn Mcdlord. 11. Best groomed students: Billy Metcall. 2 votes. Claude Frady. Kui'ene Mcl.eniore. 2 votes. Bobby Wells. 4 Mites. Marilyn Medford, '3 Miles. Sue Cooke, Vieta lnman, 2 voles. Palsy Kinsland, 2 votes, WiMilivd Burnette. 12 Most cooperative: J, C. Clark, lliik'li Poslon. 2 votes. Nancy Pos ton. Charles Ford. 2 votes. Dolores York. Wa ne Grogan. Joe Jack Wells. PI. Best personality: Richard Stamrv. William Whitesides. Alice Neal. T M Gibson. Gerald Blazer. Davis Whitesides. 2 votes. Dorothy .lean Buchanan 2 votes. 14 Quietest students: Ruby Lee Harkins. 2 votes. Wilda Brown. Belly Hlalock 2 votes. Betty Rhine hart. Wilnia Hyde. Ina Metcalf, Richard S'.amev. Homer Galloway, 2 votes. Gerald Blazer. Bobby Hyatt. James Gibson, J. C. Clark. Carroll Hargrove. I.i Rest humorist: Joyce Ann West. I'ulh Metcalf. 2 votes. Eugen i.'i ,lu- !!. e 2 votes. I.oreno Ledford. !' tl Ma'thcws. T. M. Gibson. Joe .lack We. !'. Best yum rhewers: Vera F:.i-ii.er. J Mites. Opal Wright. Bet!;, .b an dooms. Wanda Massie. 2 votes. Carrie Mae Trantham. t'aulino West. Phyllis Jean Rogers, ci.iil Picssley. Hilly Murray, 2 ' or--. !'n-:ri- C'hason. Oscar Lay- on. Ir . H-it ley Williams. Harris Consumer Spending Sets New Record NEW YORK Consumer spend ing in April set a new record for that month, advancing 30 ht cent over expenditures for goods and services in April, 194"), according to Dun's Review trade barometer for the United States. The business research firm's barometer, with the ieriod from 1P35 to 1939 equal to 100, rose to 250.8 in April a gain after sea sonal adjustment of 3.4 per cent over March, and 30.4 per cent ahead of 192.3 for April. 1945. The monthly report said increas ing merchandise carloadings in re cent months indicate a larger vol ume of goods is moving to purchas ers. It attributed unusually high levies of purchases of goods and services in recent months to a somewhat increased supply of goods, a higher price level and un precedented demand. .-cnicile. 17 Mo-t obedient Winifred Bur nelle WHIia-i Whitesides. Betty Jo Coi.eil Klcen Wells. Betty Rhinehatt Jamie Burnette. Eugene McLemore. .1. C. Clark. Homer Calbwav . iH Most business-like: William Whitesides !i votes. Charles Ford. Vieta lnman. Hugh Poston, Ruby Lee Haikn.s Book Bindings You can preserve leather book bindings by working lanolin or cas tor oil Into them with the hands. Pay special attention to the bac!c bindings. 29 Jct-Propelled Planes Of Army Complete Trip W SHI.GTOX Twenty-nine jet-propelled Army P-H0 Tighter planes rem bed here recently from Smyrna. Tenn., completing a 2,500 mile mass transcontinental flight. v.vn::s ili.e Presbyterian ( III RC H Rev. Malcolm R. Williamson. Pastor Whitener Provost, Superinten dent of Sunday School. Sunday School at 10:00 o'clock. Mornim; Worship. 11:00 o'clock. Sermon by visiting minister, a Commissioner to the General As sembly of the Southern Presbyter ian Church now in session at Mon treal Pioneer loys and girls meet at 0:30 (.clock Young People's League meets at 7:00 p. in. Refrigeration Service . . . 20 Years Experience Call Phone 465-W FIRTH REFRIGERATION SERVICE Box 321 Waynesrffle &a IPd It IL I?! s ti pi To Our Castomers and Friends: The i.iformatoin shown below is taken from our Annual Report for 1945, a copy of which has been mailed to each of the 6,780 holders of the Company's preferred stock. The most important occurrence in 1945 was the end of the war. Inasmuch as the industries served by the Company were predominantly of the peacetima variety, the Company is faced with no major problem of reconversion or readjustment. Its property is in good condition in spite of the difficulties experienced in obtaining materials and manpower during the war years. Following the removal of restrictions on the con struction of lines after the end of the war, the Com pany began a rural electrification program which ultimately will result in the construction of soma 3,300 miles of lines to 6erve approximately 15,000 new rural customers. The largest item in the 1946 construction budget is the appropriation of $3,500,000 for the portion of this program expected to be com pleted during the year. It should be of interest to our customers to know that no curtailment of the Company's service has been necessary as a result of the coal strike. Since the Company's generating facilities are predominant ly hydro, it has been able to meet all the demands of its customers, and has supplied a substantial amount of power to a neighboring company. The Company recognizes its responsibilities to its customers, its employees, and its security holders. It supplies first-class service to its customers at low cost, and it tries to induce them to make full use of its service facilities. It endeavors to promote the Welfare of its employees 'y providing security and stability of employment under good working condi tions. It is an integral part of every community in which itoes business, striving at all times to be a good citizen, and by its tax payments substantially supporting the many public institutions so essential to health, education, and well-being of all citizens. Respectfully submitted, L. V. SUTTON, President. JJAVJ : ;j . "f -I Any Intcrettr pron la the i,, , frved by ttlt Company ,av , ,. ' ty of ihl Annual I.. putl . , the iaoi.li It vil,bl(, by rlii,,. i "" I NC'OM DURING 1945 EXPENSES DURING 1945 raw- . jea r -&--v& In 1945. the Comisiny recetvetl frcin resutf-ntial customers Revenues from rural customers amounted to 7 2 cent Lii -; aeiilicahle to electric and motor coach operation! Wages and salaries chaiged to oik-u iF,,m 22.7 per cent of Its total revenue,. of the total. per cent of revenues. This am..,mt w- ,!, rVf3i W &Ti, , FKi ien'iV"li ' '' S" ST' ' i ' and salaries chanted to i'u n s tr m i . . in Revenues from stores, offices, service stations, restaurants. Manufacturing plants and Industries furnished the larcest fa 1 ' - J f military canton, were 17.9 percent. share 31.1 percent ' . M BWWSS, Mi .- " - vl-j'aftjf !HtFf Eiiiht per cent of all revenues was set aside for replace !M raFf ijnHi'a rhfan' i J-,7 .fef mt,nt of ""-" ' obsolete equipment. Municipal pumping, street lluhtinff ani traffic signals Power sold at wholesale to other public utilities amounted fe " v5 :; accounted or 2.7 per cent of total revenues. to 14. t) per cent. ps&::: Mtimih. ill i 1Q31 1 zBM - - iMf A-i M i f ft .frnmn, ,.tNiti : AUhouah.bsl .-Conipani is prert(i':.:nan:lj .krdni !or tuoi at its steam-driven gt'!u ra!in(f sai,oni, rials and supplies, and for other oiH"ati"( per cent of revenues. Reenues from miscellaneous pnurnes. Including non-operating income, were .7 per cent. Revenues from operating the bus system In RalfU'h wee B 8 per cent. The cost of power pur rha.sed from other com panies amounted te 10 3 per -ent of revenues. Interest on bonds and other deductions took 9.8 per cent of revenues. SUMMARY After providing for payment all expenses, the Company dividends of 5.0 per cent ol nues, to preferred stockholders, 3.2 per cent of revenues, to com stockholders as wages on a to work in the business. remaining 4.1 per cen! of revei was retained as an ad.hlion Company's surplus TAXES RATES The FUTU The Company's 1945 tax bill was $5,575,374. De ductions from revenues for taxes were $5,555,108, or the equivalent of approximately 30 cents out of every dollar of its operating revenues. Approximately two thirds of the Company's 1945 tax bill will be paid to the Federal Government Included in Federal taxes is the so-called excess profits tax. This was an emergency wartime tax levied on an arbitrary basis and assigned a most misleading caption in so far as it applied to this Company, since the Company had no excessive war time profits, savings to the Company by the elimination of the excess profits tax will be substantially less than the amount of such tax, since that portion of reve nues which has been subject to excess profits tax will now be subject to Federal normal income tax and Federal surtax. Even with the reduction in taxes resulting from the revision of the Federal Revenue Act, the proportion of Company revenues that will be absorbed by taxes in 1946 will be sub stantially higher than for most other types of industry. The average price paid for electric service by household customers throughout the nation in 1945 was 25 per cent higher than the average price of 2.7 cents per kilowatt-hour paid to the Company for household electricity. Electricity is one of the very few items that did NOT INCREASE in price during the war years. Today household customers served by the Company can use, on the average, more than THREE TIMES as much electricity as they used twenty years ago for the SAME AMOUNT OF MONEY. In view of the fact that rates charged by business-managed companies must pay for all the costs of doing business, including interest on borrowed money and taxes, Carolina Power & Light Company has made a noteworthy record in keeping the price of electricity DOWN while prices generally are going UP. the C' An appropriation of $3,500,000, to be l rural plortrifV.'itinn. is the lareest item 'i ,nc pany's 1946 construction budget of $3 -8 Upon the removal of restrictions ..n struction of lines in the fall of 1945, the Con.p.. began a new rural electrification prr.ir.im ' when completed, w.'ll result in an expcn.iituii; lp? than $4,000,000 and in the construction ..! ' of rural lines to serve more than 15.in "L"' customers. It is exported that'the Comp..n 1 , able to complete at least three-fourth- et r ,. gram during 1946. On this basis, the O cp , be serving 54.000 rural customers from ;iHi-N ' 9,200 miles of rural lines. The construction budget as appri.vn.. f."' ;.. nearly 90 different Item includes fu,lll , ..j"r;, voltage transmission lines, substation-, tr.r . - substation improvement and enlargeme:. equipment for protection against lightnir improvement. Provision was made for '! of electric lines in towns and cities tin' svstein to add about 5.000 new urban e; also were approved for the purchase . miens, ana aulomoDiies. ine con-pa". .. .( on oraer lor several years. Cut inos: diverted to defense areas. and p!-!rf (CmOUHA POWER & J.ICUIT COMPANY) bca:j Of directors: R. B. CARPENTER Assistant Secretary and Assistant Treasurer Raleigh, North Carolina R. LEE ELLIS Pruldant. Coco-Cola Bottling Company of AahavllI. North Carolina JAMES L. McNAIR Industrialist Laurlnburt, North Carolina R. M. HANES - Prcstdent. Wachovia Bank and Trust Company Wlmton-Salem, North Caiolini L. V. SUTTON President and General Manazer Raleifh, Notth Carolina J. L. COKER President. Sonocci P'! Company HartwlUa. South CarsUni C. J. CURRY Secrelarr and hanurar Raleigh, North Carolina J. A. JONES Superintendent of Transmission Raleigh, North Carolina C & WALTERS Vice President Manager Western Division Ashavlllc, Notth Carolina W. H. WEATHERSPOON Vice President and General Counsel Raleigh. North Carolina ALEXANDER WEBB President. The N. C. Hon-.s Insurance Company Ratefcjh. Worth Carolina
The Waynesville Mountaineer (Waynesville, N.C.)
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May 24, 1946, edition 1
10
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