CARTERET COUNTY TIMES EWS 10c Sum Set Tonight :35 PM : Sun Rises Tomarraw 6:57..AM rV:-'' Moon Rises Today 8:47 AM f Mocn Seta Tonight 8:04 PM A Merger ci TEE EEAUTC3T NEWS (Established 1912) and THE TWIN CITY TIMES (Established 1936) 38th YEAR No. 65 and 66. 8 PAGES MOREHEAD CITY AND BEAUFORT, NORTH CAROLINA, TUESDAY AND FRI DAY, DEC. 28 AND 31, 1948 8 PAGES PUBLISHED TUESDAYS AND FRIDAY! A Babson Predicts Prosperous Year. Lower Business Volume Roger W. Babson, famous na tionally and internationally as an economist and forecaster of finan cial trends, has again set down his predictions for the coming year. His 50 brief and pertinent state ments concerning 1949 appear be low: 1 Tot:l volume of business for 1949 will be less than that of 1948. There surely will be many soft spots. 2 Most industries will show smaller net profits. This means that, in' many cases dividends will bo less in 1949. 3 Military preparedness will be a new and powerful industry ii'tiifli thiu rnnnlrv nnvnr hprntn. fore experienced in peace times. It I is destined to jolster employment for some years ahead, but not the standard-of living 4 Inventories .quoted both at their dollar values and in volume Will increase during 1949. Both Taw material piles and manufac tured goods will be in greater sup ply during 1949. Commodity Prices 5 Some rationing or priorities may be attempted in 1949. The public will make demands for price controls in the case of cer- g tain products. Beware of install ' ment purchases in 1949. 6 We expect the peak in whole sale commodity prices iias been reached for. this cycle. We, there fore, advise going easy on inven tories. 1949 is a time to get out of debt and stay out of debt. 7 The retail price of some goods, other than food products, may be higher during 1949, but we i believe that the cost-of-living in I de has turned downward. ; . . 8 Retail price changes lag after wholesale price changes. Thw ex plain why we expect many rettil price- on good ..quality merchan dise to hold up for 'awhile after wholesale prices decline. Farm Outlook 9 The total farm Income for 1949 should be less than that of 1948, due to lower prices for wheat, corn, pork, poultry, eggs and certain dairy products. Farm ers should diversify more in 1049, get out of debt, putting surplus money into savings and prepare for real trouble some day. 10 The supply of certain vege tables and fruits should increase during 1949. The price of these should fall off, barring some weather, insect or blight catas trophe. 11 Poultry and dairy products will also increase in volume dur ing 1949, prices averaging less than 1948 prices. 12 Farmer will continue to ) work for extensions of subsidies. ThA ihnva four Farm Fnrwastn as sume normal weather. A drought could upset these. Taxes 13 The Federal Budget Will not be decreased during 1949. 14 Federal taxes will not be de creased during 1949. but there may be some readjustment to en courage venture capital and to case the tax burden on wages. 15 We forecast that an attempt will be made by some cities to put ceilings upon real .estate taxes or enact local sales taxes. 16 The long-term capital gains tax of 23 per cent will remain un changed. Retail Trade 17 Goods on counters will be of better grade in 1949. 18 There will be many "mark- down sales of inferior quality goods. Curbs on installment buy ing will continue. 19 The dollar value of all re tail sales in 1949 should about equal that of 1948, perhaps off 3 per cent. 2ft The unit volume of retail sales will be less in 1949 than in 1948. Foreign Trade , 21 Our foreign trade will re- J main about the same. We shall 1 continue to helo Eurone: but it will be on a more efficient basis.' 22 More foreign credits will be granted ' during 1949; but these mostly will be direct to business concerns. w 23 There will be greater com petition from other countries in legitimate foreign trade where the credit is good. 1 24 Throughout 1949 war talk will continue; but no real World War III will start in 1949. War preparations will continue. Labor Outlook 25 Good business depends up on two things: (1) reasonable wages and (2) reasonable prices. When both of these factors are in balance there is good business; but when they get out of balance, look for trouble. Low prices arc of little help when people have insufficient wages with which to buy; but it is also true that gpos wages arc of little use if prices arc too high for people to buy. The Taft-Hartley Law will be repealed or amend ed to encourage Use speech, union protection and increased pruduc- l'on' 26 The income of wageworkers must increase before an advance in prices. Contrariwise, too, high prices always precede a decline in employment and wages. This downward cycle leading to un employment may begin in 1949. Much depends upon crops and weather. 27 Labor lcaaors who get in creased wage rates usually get re elected, while those who do not get wage increases arc liable to be defeated. Hence, labor leaders have naturally kept urging higher wages, although they may feel in their hearts that wages are high enough for the time being. We forecast that 1949 will see some change of attitude in this regard and that wise leaders will be more interested in preventing the "bust." 28 If wages arc too high, organ ized labor is the first to be laid off when business declines. Unorgan ized workers have the steadiest Jobs and will go through 1949 with out losing their positions. .. 89 Some labor leaders will, during iMSv wrk for. pension sys tems grid sick benefits. This would be a constructive program for enl nloyers who can afford to do it, but many employers cannot afford even these benefits at this time. Both employers and wageworkers will some day unite in urging a program which will give steady work throughout the year. This is the best hope for lower building costs. Bricklayers, painters and carpenters are criticized today for doing such a small amount of work, but we must remember the many days when they arc unable to work due to weather and other conditions. Inflation 30 Inflation (high prices) comes when consumption exceeds production. This means that in flation can be checked only by in creasing production or by reducing the money supply. The job of get ting prices down today depends therefore, upon what management and labor produce per hour. We believe that wage increases during 1949 will be accompanied by a coresponding increase in the per hour production of the wagework ers. 31 Some object to the large profits that their employers are getting today compared with the 1930's, It, however, should be re membered that during these de pression years most employers had no profits whatsoever. We forecast that profits will continue to be regulated automatically by the law of supply and demand, rather than by the government. 32 At some time during 1949 we forecast that the point will be reached where the nation's infla ted money supply will have be come fully employed. Hence, em phasis may shift from efforts to stop inflation' to efforts to halt deflation. Stock Market 33 1949 may not be a. better year stock market wise than 1948. Investors will especialy get out of stocks of companies which have most of their assets in big, "vul nerable in case of war" cities, rein vesting in companies whose assets are well distributed and safe from attack. - . 34 The administration-will not wsnt the Dow-Jones Industrial Average to go too high on account of the consequent effect upon la bor's demands. Commodity specu lation will continue to be curbed. ; 33 The wisest will not try to pick any special "winners" in 1949; Set BABSON Pg. 8 Attempted Auto Larceny Case Bound Over to Superior Court All-Stars to Tangle WUh House of David Atlantic AH-Stais will tangle with the House of David on the hardwood at 8 o'clock Saturday night, Jan. 8, at the Atlantic High school gym. Members of the All-Star tram include Joe Willis, Johnny Wil lis, Monroe Willis, Hayes Mason, Braxton Taylor, Jack Rose, Car roll Willis. John Hamilton, Manley Ful rher, Harry Gcrock, Harry Brick house, Rodney Smith. The coach is Grover Willis. Fanners Report Weevil Attack On Stored Corn It is being reported by a great many farmers throughout Carteret county that considerable damage has been ea'.ised by weevils of corn in storage. Much of the corn was infested with this insect in the fields bp fore harvest, reports R. M. Wil liams, county farm agent. Grain insects, especially in corn, aft causing heavy losses on Norjh Carolina farms each year. This da mage can, in many( cases, be prac tically eliminated and, in all cases, sreatly reduced, remarked Mr. Williams. Attacks of corn weevil seem to be more severe along the coastal counties of the state. It is felt by some farmers that the hybrid varieties arc more sub ject to weevil attack than open pollinated varieties. Experimental dati and ex perience of practical corn growers has shown that corn weevils arc no rcspector of varieties but feed freely on any soft grain variety. All grain which is not used up by June or July, if infected, should be fumigated because weevils mi grate to the corn fields and lay eggs on the silks. This corn be comes heavily infested before har vest time. As soon as the corn is Used up or before storing of the new' crop the corn crib should be sprayed with 2 12 to 5 per cent DDT. There are a number of effective treatments used in treating stored grain such as carbon disulfide and ethylene dichloridc. A practical treatment for the farmer to use is a 3:1 mixture, Mr. Williams continued. That is three parts of ethylene dichloride and one part of carbon disulfide. A 1:4 mixture is often used of one part carbon disulfide and four parts carbon tetrachloride. The dosage will vary according to the temperature and tightness of the bin. Best results arc obtained when the temperature is above 63 degrees with the use of three to six gallons of the above treatment to each 1000 bushels of grain. Tide Table HIGH LOW Friday, Dec. 31 8:49 AM 2:30 AM 9:06 PM 3:21 I'M Saturday, Jan. 1 9:34 AM 3:11 AM 9:53 PM 3:59 PM Sunday, Jan. 2 10:12 AM 3:52 AM 10:36 PM 3:38 PM Monday, Jan. 3 10:31 AM . 4:35 AM 11:19 PM 5:18 PM Tuesday, Jan. 4 11:29 AM 5:19 AM 12 Midnight 5:33 PM One cast heard by Judge Lam bert R. Morris Tuesday in record er's court w;'s bound over to superior court. Benny Bell, charg ed with attempting to steal an automobile, was placed under $500 bond. The long ducket for Tuesday's court was due to the postponement of court on the Tuesday before Christmas. Seventeen eases were postponed until the next meeting of court. Julius Hoy Anderson, charged with possessing and transporting non tax-paid whiskey for the pur pose of sale, pleaded guilty. His one year sentence on the roads was suspended providing he re main sober ami on good behavior for five years and pay a fine of $50 plus costs. The vehicle in which he was carrying the whiskey at the time of his arrest was con fiscated. Roy L. Hill is serving lime in jail under a 90-day sentence for failure to pay It. IV Jolliff, More head City cab driver, a $20 taxi fare to New Hern. Hill pleaded guilty but could net lake advan tage of the suspended sentence which would have prevailed had he paid Jolliff the fare and paid court costs. William G. Brewer, charged with speeding, reckless and care less driving, and assault with a deadly weapon was found guilty on the first two counts. A' onc- Lycar sentence on the roads was suspended providing he remain on good behavior two years, v pay a filto f"$100 plus wvits as well as" $19132 to replace fhc motor on a highway patrolman's car and $50 to Mose Howard garage, Newport. The case against Brewer, charg ing him with larceny of a trailer was not prosecuted. Leslie D. Norris, found guilty in court Dec. 14 on a charge of pos sessing and abetting in the trans portation of non tax-paid whiskey, was ordered to pay the costs plus $50. The case against Will i? Pickett, charging him with theft of $180, was found to be malicious prose cution and the plaintiff was taxed with costs. Thelma R. Johnson, charged with possessing non tax-paid whis key was found guilty. Judgment was suspended on payment of costs See COURT Pg. 8 Chiropractor to Open Morehead City Office Dr. L. A. Eakin, chiropractor, will open offices at 922 Arcndcll St., Morehead City, on Monday. The offices were formerly occupied by Dr. William I. Gausc, of New Bern. Dr. and Mrs. Eakin are living at 1500 Shackleford st. formerly of Marion, Ind., Dr. Eakin said that he and Mrs. Eakin had visited many southern coastal areas to find a place to their liking and that Morehead City had proved an easy choice over all other places. Dr. L. A. Eakin Ship Breaks in Hall Ofi Hatteras 4 hV-Hft""1 55r ' Heavy seas pound the bow half of the Argentina ,anA r I.'. Capitan wh.ch broke in half off Cape Hatteras, North Carolina, Sunday. Two members of the crew, wearing life jackets, are on deck. Sixteen members of the crew, including the Cap'.ain, were removed from this' section of the ship by the Coast Guard. Two other crewmen arc believed to be adrift on the severed stern of the tanker. At the time of the mishap, the El Capitan was being towed by the tug Tern en route from Savannah, Ga., to a shipyard in Baltimore. The low line from the tug to the bow of the tanker did not break. (AP Wircphoio). Principal Lists Honor Pupils ForWTerm G. T. Wiiidcll, pi incip 'l of Metre head City high school, has' an nounced the following pupils as members of the honor roll for the third reporting period: First Grade Julia Alma Hrinson. Annette 'noiwr, Sarah M. Goodwin, Edwina Hardy, Gail A. Jorgensen, Nancy Sue Laughton, Geraldinc Reed, Gloria .Swango, Suzanne Beck, Quinnic Guthrie. Bonnie Hughes, Andrei Me Knight, Evelyn Morris, Sylvia Jean Peterson. Joan Quinn, Greta Lou Rice. Jo-Ann Whitley, Sandra Welsh, Carl Ball, Jr., Eddie Johnson, John Phillips, George R. Wallace, Bud Daniili, Jinimic Lawrcncn, Raymond Lewis, Steven Purifoy. Second Grade Barry Willis, Walter Morris, Lloyd Coleburn, Kmmy Lou Chalk, Dixie Lee Parker, Barbara Ann Willis, Janice Lovick, Barbara Jean Saratowski. Judith Cooper, Jackie Dudley, Joyce Ann Styron, Joyce Hall, Bob bie Ann Styron, James Guthrie, Jimmy McElroy, Tex Styron, Dan ny Swindell. David Ellis Willis, Cynthia Da vis, Mary Louise Davis, Patricia Forest, Wendy Lowe, Patsy Robin son,, Judith Smith, Rebecca Stiles, Douglas Ann West. Third Grade. Vollic Bell, Betty Lind Euro, Herbert Griffin. Barbara Rcid, Anne Reynolds, Patsy Ruth Willis, Lcroy Blanchard, Jerry Leo Burns, Dardcn Euro, Billy Fulchcr. Paul Garner, David Nelson, Ted Phillips, Rodney Pittman, Nellie Adams, Fanclh Cooper, Margaret Guthrie, Jessie Kirkman, Virginia Morris, Peggy Padgett, Dcssic Sewcll, Edith Fayc Willis. Fourth, Grade Lois Bccton, Eaton Coleburn, Anna Merle Lockey, Terry Lowe, Watson Morris, Eleanor Mualcm, Cecilia Perry. Joyce Robinson, Judith Willis, Ruth Brinson, Betty Lou Morton, Billy Rich, Franson Swanson. Fifth Grade Patricia Alexander, Joyce Ann Bell, Daisy Brock, Rcba Gaylc Can field, Helen Carlton, Rose Daniels, Darrell Sanders, Earl Wasc, Mar tha Hardy. Constance Jbrgensen, Frieda Lewis, Varina O'Neal, Beth Ro berts, Corrcna Smith, James Ed ward Willis. Neil Webb, Walter Willis, Ka lluinc Griffin, M-jric Moore, Laura Nassef, Olivia Jean Wade. Sixth Grade Carolyn Guthrie, Sandra Guth rie, Bcadie Lewis, Helen Nelson, Thomas Willis. Carolyn Willis, See HONOR ROLL Pg. 8 'Kr-rvrrr ,if'iv ".Him -- vr; - :n r-?r rr- -rrri ss V fj rx wall Negroes Will Celebrate Eman cipation Day with Pa rade A great program is being pie pared here in Benuforl N. ('., for the celebration of the signing of the Emancipation Proclamation on Jan. 1, 1949. The event is to be one of great importance to the community and at the present time, plans arc being formed. The program will start in the morning with a parade starting at the Queen St. High School. The purade will be led by the Queen St. High School band and the ma ny floats will follow. The parade will return to the school and the first of a scries of two programs" will commence. That evening another program will be held, at the present time the guest speakers have not been announced. Everyone is invited to attend this celebration. Rector Speaks At Rotary Meeting The Rev. W. L. Martin rector of St. Paul's Episcopal church, Beau fort, spoke on "What Makes a Hero " at Beaufort Rotary club me eting Tuesday night at the Inlet inn. The theme of his talk was on the unknown heroes in daily life, their courage, determination to serve others, and their ability to go through life without being babied. He cited the lives of Lou Geh rig who kept smiling though stric ken with an unconquerable dis ease and Dr. E. L. Trudeau who, ill with tuberculosis, proved to the world that it was not fatal. Dr. Trudeau went to the Adiron dacks in New York and founded the Trudeau sanitorium at Saranac lake which was the founlainhead of hundreds of other such hospit als later built and in which thou sands of TB patients have been cured. Dr. N. Thomas Ennett, vice-president of the club, presided in the absence of President B. J. May. Mrs. Herbert Thornton Wins $200 Christmas Prize Mrs. Herbert Thornton, 608 Bridges street, was winner of the big $200 prize given by Morchc-d City businessmen Friday as part of their Christmas trade promo tion program. A total of $400 was awarded the day before Chrismas, Six hundred dollars had been given away on the two Saturdays prior to Christmas. Other winners were William Moblcy, 510 N. 11th street, $40, George Best, Newport route 2, $20, Annie Mat tex, 1304 Fisher street $100, and Robert L. Hicks, 3107 Arcndcll street, $40. 4 M, William Adair Builds Funeral Home, Beaufort William Adair, Beaufort under taker, h is undertaken cunslrucUoiuatqdcrKrad.v that 4hcrc u such and rcmndrling of the house next ti hix present home and place of bu: lies;; on Craven street. It will be used a sa funeral home. When completed, it will contain a business office, chapel, room for the family of the deceased while service is in process, and in the annex, (under construction now) will be the preparation room, dis play room, and a garage for the hearse. On the second floor of the an nex will he a six-room apartment. On the second floor of the present building there is an apartment in which Julius Adair, son of Mr. Adair, and his family arc living. In building this funeral home, Mr. said he is seeing a life long dream come true. "First of all, 1 wanted to sec my four boys have a college education, now I'm doing what I've always wanted to do," he explained. "When completed," he conclud ed, "1 expect lo have one of the most modern funeral homes in eastern North Carolina." The building is expected to be ready for use in six weeks. Telephone Official Reports I On Session with Businessmen L. W. Hill, president, J. F. Ha vens, assistant to the president, and H. F. Davis, district manager of the Carolina Telephone and Telegraph company met with the board of directors of the Beaufort Chamber of Commerce at Inlet inn recently for a general discussion of communication matters. Dr. W. L. Wcodard, president of the Chamber of Commerce, presided at the meeting. "Various directors of tne Cham ber of Commerce raised questions about the existing service and the provision of additional service in Beaufort and in rural areas sur rounding Beaufort," Havens com mented after the meeting. One of the main questions was provision of a higher grade of service; that is, private lines and two-party lines in lieu of four-parly lines now existing in Beaufort, he rehted. Mr. Hill outlined the develop ment of the company generally and the increase in telephone ser vice in Beaufort since the end of the war. "He advised the directors that we had installed since the Alumni Defeat Beaufort High In Holiday Tilts Boys Team Defeated, 35-18, Girls' Winning Stre Broken, 42-39 Both Beaufort high school te;ms bowed to their "ciders" in twin contests Tuesday night in the Beaufort school gym. Their oppo nents, Beaufort high school alum ni, defeated the hoys 35 18, and the girls were handed their first defeat of the season to the closo score of 42-HS1. Ulankensliip starred ior the un dcrgrads with 6 points while George Laughton and .lay Ky Beam led the "College All Stars" with 8 and !) points respectively. The All Stars led by 5 points, ( I, ;t the end of the first ouarlar. licauforl Seadogs held the lead by a similar margin at the half, but lost it. never to regain it again, in the third quarter. Third quarter score was 21-13 favor the All Stars. In the starting liiu-up for the visiting team were Glenn Willis, who made 1 point. James Steed 2, Billy Davis, George Laughton 8, and Jay Ky Beam 0. Substitutes and their points arc as follows: I hi n font Hill 4, Harry Davis ti, Tom Kelly T, and Tom Kure. 'I he Seadogs stal ling lineup was Jimmy Kodrie v im tallied 'A points, Charles Stuart. Bhnkcnship (i, lim Tiner, 4 points, and Howard Fod i'ie. Substitutes Saninions i'lid 1'iver made 2 and 1 points respectively. Oilier substitutes were Austin, Lynch, Owens, Jefferson, and Smith. The girls, whose days at Beau fort high have ended, showed the th.iu an iV.iiik a eiiiK.. F.mcrii t the court with littlo thought of defeating one of the best girls' teams Beaufort has seen, the All SLts capped the contest by walk ing away with a 3-point margin over Coach Shirley Johnson! hoopstcrs. Elizabeth Davis starred for the visitors, accounting for 10 points' of the final score. Ruby Peterson and Klsic Davis followed with"9 points each, and Opal Lewis made 8. ' In the starting lineup were F,ll zabeth Davis, Ruby Peterson, FJsiB' Davis, Dickie Willis, Opal Lewis, Inuuin llnvnnnh ilr llllut il ill ni uom i v r I v ' v'.iv ,.. ....... j i, in.. . j ,rv, Pauline Hill and Bertha Fulford." Starting lineup for the under grads was Peggy Guthrie, Iris Da vis who made 5 points, Carol Arjtt Willis, again taking top scoring honors with 26 points, Lctitia Simpson, C. B. Willis, and Rosalie Chadwick. M- Substitutes were Betsy Fulford who made 7 points and P. O'Neal. Quarter scores, with the alums leading all the way, were as fol lows: 5-4, 21-14. 32 25, and the fi lial score 42 39. '? beginning of 1045 a total of 932 telephones and removed 328 tele phones at Beaufort for an increase of 1949 or 16.5 per cent during the period," reported Havens. " Of this increase, 94 telephones were gain ed in the first ten months of 148 and a project was in progress .at the lime of the conference to )nf stall additional telephones on Ann Street extension, the assistant Ua the telephone president continued. Mr. Hill further aoviscd the group that exchange service had been provided in Carteret county at Atlantic and Marshallberg and that over 200 telephones had been installed connecting to those two exchanges, Havens said. Ho ulso reported that a line had been built to Barkers Island and that addi tional facilities were in the pro cess of bcimi installed to provide mort service to island residents.'; In his discussion, Mr. Hill out lined the improvement the com pany had made in the handling of toll calls and stated that the In vestment in Beiufort for the first See REPORT Pg. 8 ... ; t.-it A" u ITU ?fr)SV if uf).:.. :,.;,:L , .il.

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