Newspapers / Mount Olive Tribune (Mount … / July 13, 1954, edition 1 / Page 5
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Duplin Families Make Goad .Use of FHA Credit Offers Farm families in Duplin county have made good use of Farmers Home Administration credit and services this past year and have stepped up the efficiency of their farming operations, A. M. Benton, the agency’s county supervisor, headquartered at Warsaw, said this week. Additional funds have been made available, he said, to lend through the next year to farmers to ope rate, buy, enlarge, or improve farms. A large proportion of the money loaned in this county during the past 12 months has been to veter ans and other youhg farm families who are establishing better farm setups. Their greatest needs were for adequate credit and some help in developing sound systems of farming and adopting efficient farm management practices. No loans were made "to farmers who were able toNobtain the financing they needed from other local lend ers. A total of $165,000 was loaned in the county for equipment, livestock, fertilizer, feed and seed, that farm families needed to make better use of their land and labor resources. Farm ownership and housing loans amounted to $45,000.00, in cluding direct loans from appropri , ated funds and loans from money advanced by banks or other pri vate lenders and insured by the Farmers Home Administration. ►-. ... Control of Mastitis 1$ In Bulletin Continuous spread of mastitis, or inflammation of the udder, results each year in enormous losses to dairymen, according to Mark Go forth, Jr;, Wayne farm agent. Even with mild chronic mastitis, cows cannot produce as much milk* as they could otherwise. As the disease beeomea more acute, pro duction may decrease as much as 25 per cept or more, and early disposal of the animal may be nec essary. Fortunately most bacteria found in mastitis are harmless to peo ple and, when milk is properly pas teurized, danger to public health is eliminated. Mastitis organisms are a threat chiefly to the profits of the producer, the farm agent said, but that is reason enough to control them. A single copy of Farmer’s Bulle tin No. 1422, Udder Diseases of Dairy Cows, can be obtained free of charge from the Office of Infor mation, U. S. Department of Agri culture, Washington 25, D. C. 1__ A friend in need is not neces sarily a friend when not in need. j TOBACCO FARMERS! See Aldine Whitfield, or Robert "Doogio" Rhv« to got your tobacco hauled to Georgia for 2c per pound. Robert Reave* has been telling with Norman Hardee, of Kinston, at Claxton, Ga., for 7 years, and will be on the market with all tobacco through the sale. First sale opening day, July 15. We furnish sheets, and will pick up your tobacco^ or you may bring it to my warehouse at Rones Chapel. Bof k and pick up your shoots at the following places: Fred Bradshaw's Store, Highway 55; Lorn Summerlin's Store on theTrom Road, -Robert Reaves Store, or at -ir-tho Warehouse at Rones Chapel, rfS* Aldine Whitfield Telephones: Warehouse, 2756; Home, 3340 Report Of Condition Of BANK OF MOUNT OLIVE of Mount Olivo in tho State of North Corolina At tho Cloto of Business Juno 30, 1954 ASSETS Cash, balances with other banks, including reserve balances, and cash items in process of collection United States Government obligations, direct and guaranteed 787,322.11 lv094,958.57 Obligations of State and political subdivisions Loans and discounts Bank premises owned, $5,000.00, furniture' and fixtures, $5,000.00 -_.. Other assets_* V.'* 539,403.01 820,010.75 —TT" • •• 10,000.00 TOTAL ASSETS -$3,260,300.71 v LIABILITIES Demand deposits of individuals, partnerships, \ and corporations lime deposits of individuals, partnerships, and corporations -$1,877,036.94 _ 877,082.71 Deposits of United States Government (including postal savings) Deposits of States' and political subdivisions. 20,933.18 175,660.66 Other deposits (certified and officers’ checks; etc.). 20,470.89 TOTAL DEPOSITS .$2,971,184.38 , Other liabilities 53,743.06 (jTOTAL LIABILITIES (not including subordinated: obligations shown below) . T -$3,024,927.44 Capital*. Surplus CAPITAL ACCOUNTS Undivided profits.. .——— , -v- ' ■ . '* ; : • \ TOTAL CAPITAL ACCOUNTS . 4 75,000.00 . 75,060.00 . 85,37327 J$ 235,373.27 ‘ TOTAL LIABILITIES AND CAPETAXi ACCOUNTS'-$3460400.71 •This bank’s capital consists of Common stock with total par value of $75,000.00. Total deposits to the credit of the State of North « V Carolina or any official thereof-.... . ’.. .None MEMORANDA Assets pledged or assigned to secure liabilities and for other purposes. _$ 164,000.00 I, D. H. Outlaw, Cashier of the abovenamed bank, do solemnly ' t: swear that the above statement is true, and that it fully and correctly -r%;, /,¥ represents the true state of the several matters herein contained and set forth, to the best of my knowledge and belief. Correct-Attest: v U H. OUTLAW., 3>i.“' " t m C. C. Henderson, Walter T. Cherry, B. E. Bryan,! i Directors. T State of North Carolina, County of Wayne, as: : * Sworn to and subscribed before me this 9th dap of July, 1854, and I hereby certify that I am not an officer or director of this bank. . . i D. F. ODOM, Notary Public. My commission expires October 20, Ay .. £33 m QUESTION: Is there a relation ship between soil fertility and the type of weeds that grow oh the land? ANSWER: Yes. For example, soil low in either phosphate or lime will usually be covered with broom straw. If the land is properly phos phated and limed and the broom straw moved so as to reduce com petition for soil nutrients, white Dutch clover and bluegrass will normally come into production without applying any seed to the land. More than one fertility fac tor can be responsible for this particular weed. Selecting land on the basis of the weeds growing on it may or may not mean that the soil is suitable for a particular crop. A soil test is your best bet. QUESTION: What are the best breeds of turkeys to raise in North Carolina? ANSWER: Two of the best are the Broad Breasted Bronze and the Beltsville Small Whites. They are also the breeds most widely raised in this state. The Bronze is a large bird with short legs, long, deep and broad body, with an exceptionally broad breast. The Beltsville White is small, but. is an especially well meated bird. It is a natural for the small family, turkey fryers, and the retail trade. While the Bronze is one of the most efficient users of feed, the Beltsville has advantages that offset this. There is no “best” variety. Select the variety that seems to do best for you, but keep the consumer in mind. You don’t want to raise a bird that you can’t sell. Final Rate On Support Price of Wheat Raised The final support rate on the 1954 crop of wheat has been an nounced, says H. D. Godfrey, state administrative officer for Agricul tural Stabilization and Conserva tion. The final rate is four cents mo're per bushel than the minimum prices announced last fall. The av erage support rate for grades of wheat produced throughout the na tion is $2.24 per bushel. Godfrey compares this figure with the na tional average support rate of $2.21 per bushel for the 1953 crop. The class df wheat grown in North Carolina is. soft red winter wheat. This wheat, grading No. 1, carries a support rate of $2.40 a bushel; grading No. 2, it carries a rate of $2.39; No. 3, $2.37; No. 4, $2.34, and No. 5, $2.31. Godfrey reports that by grade the rate is also discounted accord ing to the condition of the wheat. If the wheat is “light smutty,” the support rate is two cents less, “smutty,” six cents less, “light gar licky,” six cents less, and “gar licky,*’ 15 cents less per bushel. The 1954 wheat crop will be sup ported as in the past through loans on farm and warehouse-stored wheat and through the purchase of wheat delivered by producers un der purchase agreements. Loans and purchase agreements will be available from harvest time through January 31,1955. In North Carolina these loans will mature on February 28, 1955. Producers who elect to deliver wheat under purchase agreements must notify their County Agricul tural Stabilization and Conserva tion committee within a 30-day pe riod ending on the loan maturity date. To get wheat price support in 1954 a producer must be in com pliance with his 1954 wheat acreage allotment and be eligible to receive a wheat marketing card on all other wheat growing farms in the county in which he has an interest, God frey reminds. I * The dry weather of the past two weeks is the cause for a flock of complaints that tomatoes are rot ting on the lower side or blossom end of the fruit The condition occurs on small .green fruits as well as on fruits almost ripe. This is not an organic disease but rather a physiological condition known as blossom-end rot. It appears to be caused by ex tremes in weather conditions — either by periods of dry weather or periods of excessive rainfall. In periods of dry weather it can be held in check by providing ir rigation. However, don’t wait until you have lost a large percentage of your tomatoes, but irrigate as soon as lack of sufficient moisture js evident. Mulching plants with a deep layen ef straw orleaveswffl prevent loss of moisture from the soil and cut down on the blossom ead rot. In mountains areas it will be nec essary to control late blight if you wish to be successful with to matoes. This is the same disease Tobacco Farmers Don't watch your year's work 90 up in smoko in a barn firo. Insure your, tobacco barns, contents, peak houses, etc., with ua. , ;'rft ft Full Protection fr4 ’ ; .ft Satisfactory ^ Service P ft* ” n ■' ■; . .N ft -: | Just Died 2421 For J | Full Information . i Thos. D. Holiowell rex ^ Mr. oiive that attacks Irish potatoes. Use a copper spray such as tribasic cop per sulphate or Copper A com pound and keep the plants well EVERY CHILD WILL WANT ONE-Just the thing for pre Christmas and birthday inspections by small fry is this cargo examining unit, used by the Port of New York Authority. Sealed cartons to be inspected are loaded into the machine and an operator, at left, views an X-ray image projected on screen to t check for contraband or undeclared articles. covered. I examined the -tomato plants in my garden a few days ago and found that I had a very poor set of early fruit on one of the varie ties. They had been in bloom dur ing the week that we had such cool nights and it seems that the blossoms . all dropped off instead of setting fruit. I suspect that to mato plants in many other gar dens reacted the same as mine. This will often happen when tem peratures are abnormally low (be low 60 degrees) or sometimes when they are excessively high. Market News Summary EDITOR’S NOTE: Following is a | summary of market price informa tion for the week ending July 9, 1954, as gathered and edited by the Market News Service, N. C. Depart ment of Agriculture: Hog prices declined 50 cents per hundred at local buying stations this week and closed with tops ranging from 22.50 to 23.00. In Chi cago, hogs declined 1.25 to 1.50 with closing tops reported at 24.75. Cattle prices were irregular on the Rocky Mount and Rich Square auction' markets this week. Com mercial steers brought 14.00 to 16.75; good heifers, 14.00 to 15.00; ,qi}(l good vealers, 15.00 to 18.50. Utility and commercial cows were reported at 8.00 to 10.00 and good bulls at 13.50 to 13.75. Cattle receipts were heavy and prices were irregular, on the Chi cago market. Slaughter steers and heifers were generally steady to 50 cents lower and cows were weak to 1.00 lower. Bulls, however, were strong to 50c higher and vealers 1.00 to 2.00 higher. Good to low choice steers ranged from 20.00 to 23.25; good to high choice heif ers from 18.00 to 23.75 and utility and commercial cows from 9.00 to 13.50. Utility and commercial bulls brought 13.50 to 17.00 and good and choice vealers 17.00 to 20.00. Fryers and broilers remained steady in the Central North Caro lina area with farm pay prices re ported at 25 cents per pound. Hea vy hens were unchanged with farm pay prices ranging from 17 to 19 cents per pound. Fryers were stea dy to firm in other leading south ern producing areas. Closing prices at the farm were reported at 24 to 25 cents per pound in the North Georgia section; 25 to 25 3/4 in the Shenandoah Valley and 23 1/2 to 26 1/2 in the Delmarva area. Egg prices were unchanged on the Raleigh and Durham markets during the week. Local grading sta tions paid 41 to 43 cents per doa en for A, large in Raleigh; 35 to 37 for A, mediums and 35 for B, large. In Durham, prices for A, large ranged from 41 to 44 cents per dozen, A, mediums from 36 to 38 and B, large from 32 to 34. Shelled corn prices remained fairly steady at local markets dur ing the week. Closing prices for No. 2 yellow corn ranged from 1.70 to 1.78 per bushel in the eastern part of the state and from 1:80 to 1.85 in the piedmont section. No. 2 white corn was reported at 1.75 to 1.85 in piedmont markets. Wheat and oats prices were steady to slightly stronger. No. 2 red winter wheat was quoted at mostly 1.90 to 1.94 per bushel and No. 2 red oats at 60 to 75 cents per bushel. Local auction pricot for cu cumbers wore irregular at the dose of the week. Most sales on the Clinton market were report ed at 2.00 to 3.00 per bushel. In -Faison, most sales were report ed at 3.25 to 4.25 and in Wallace at 1.25 to 2.00. Peppers were also irregular at the close with bush els of bulinose type reported at mostly 2.50 to 3.50 in Clinton; 1 3.50 to 3.75 in Wallace, and. 3.75 to 4.50 in Faison. New York reported » weaker pepper market at the close with bushels of Bullnose type from North Carolina wholesaling at 4.00 to 5.00. Peaches, on the other hand, were stronger in New York. One half bushel baskets of U. S. No. 1 Jubilees, two-inch and up from this state wholesaled at 2.75 to 3.25. Two-inch and up Sunhighs brought 3.50 and two and one-quar ter inch and up ElbertaS brought 3.50 to 3.75. New York reported a weaker market for potatoes. Fifty pound sacks of U. S. No. 1, sizes A, washed Sebagoes wholesaled- - at 2.25 to 2.50. Cotton prices were unchanged on the nation’s ten leading markets this week. Middling 15/16 inch av eraged 34.26 cents per pound on Friday. This is the same 'as last Friday and compares with 33.55 on the corresponding date a year ago. MOUNT OLIVE HOG MARKET Live Hog Buyers 1 WE BUY HOGS EVERY DAY Branch of Smithfield Hog Market On So. Confer St. and Now Boautancus Road Known as Old Entorprisa Mill Building P. O. BOX 1 PHONE 2532 Wm. R. LOFTIN, Mgr. MR. FARMER LET US HAUL YOUR TOBACCO TO THE GEORGIA MARKET We furnish sheets apd charge 2 cents per pound for hauling. We will appreciate your business, and wiM give the best of service to each pile of tobacco. BILLY FARMER and ALBERT TURNER, JR. Telephones 2790 or 3385, Mount Olive 8 YEARS EXPERIENCE HAULING TOBACCO Book your tobacco and pick up your shoots at our at J. C. Kilpatrick's store, at William's Crossroads. -r ' Now that motorists are taking a closer look at value, there’s a strong, new surge to Pontiac. Here’s why: Pontiac is tho only ear in its field with the solid feel and quality appearance of fine-car length and weight. Its luxury is just as impressively regal. And perform ance is simply wonderful — smooth and quiet at all speeds . . . eager and spirited in fine-car fashion . . . and reliable and economical in the famous Pontiac way. That’s a fast look at what you get. What you pay is the smallest price ever placed on a big, luxurious car—within a few dollars of the lowest! Come in, and find out how our liberal deal whittles even that low figure down to everybody’s siza! Phe least hull Ever Payfor Big Car Performance andluxury! VOCtit Buy yr ■ ■ u hii: qu> - Q ELLIS MOTOR SALES INC Phone 2005 1 101W. Pollocks. Mount Olive, N. C ; .■ . ■ ■; : .. ... '..e,. . ./ . i-t , *► l * 'y ‘ , * ’ " . “ >- <s.^, ■ I-.y ■MiiMMiMn mmmmm ■wr
Mount Olive Tribune (Mount Olive, N.C.)
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July 13, 1954, edition 1
5
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