Newspapers / Carteret County News-Times (Morehead … / Dec. 28, 1951, edition 1 / Page 1
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NEWS-TIMES bFFICE 504 AromMl St Morohead City Phon* (Ml 75 CARTERET COUNTY NEWS-TIMES * Eight Pace* Color Comic* 40th YEAR. NO. 104. TWO SECTIONS FOURTEEN PAGES MOREHEAD CITY AND BEAUFORT, NORTH CAROLINA FRIDAY, DECEMBER 28, 1951 PUBLISHED TUESDAYS AND FRIDAYS Body of Missing Negro Found Floating Yesterday Economist Gives Business, Financial Outlook for 1952 By Roger W. Babaon * . 1. Excluding defense orders, the total business volume fn"l952 will be less than that for 1951. However, national Income in 1952 will be very high, as war orders take the i>lace of peace production. Government Control* 2. The outstanding feature of 1952 ? barring all-out war ? win dc me rresiaenuai eiec-i (ion on November 4, 1952. I com ment further upon this under paragraph 48. 3. The Administration and its Economic advisors appear firmly Convinced that radical inflation is *bout to break out next year. But the "brain trusters" are overlook ing the fact that the boom is al ready old and that it was creaking badly when the Korean war broke Out The date of the slide has (inly moved ahead. 4. Farm income will continue High in 1952. 5. As 1952 wears on, the effect Of controls, increased taxes, and high prices will cause a decline in legitimate business. If civilian pro Auction declines too much, the pub lic may then cry, "This is a gov irnment-made slump; let's change the Administration." 6. If in 1952 it becomes evident that business is declining too much as a result of government curbs, the planners at Washington will fush their patient into an oxygen tent. Labor Outlook 7. Many labor groups will be auccessful in getting another round Of wage increases in 1952. Al though there may be more import ant strikes in the first part of 1952, there should be a decline in work Itoppages in the last half year. 8. Tightness in the labor supply kill continue through 1952, partic , jlarly of highly-skilled workers. Wages of such workers will be ad vanced voluntarily in order to hold tham. 9. The Taft-Hartley law will not fce repeaife! daring 1992, but may be amended. The Administrators oT- the law will continue to wink at some of its clauses. C?m? atty Prices to Stay Firm 10. Wholesale prices of many commodities will suffer a mild de cline in 1952 when compared with the price level for Dec. 31, 1951. In some lines the drop may be "tquite steep from the high levels of 1951. Retail prices for 1952 will hold steady. 11. Commodity speculation for a rise will not pay in 1952. Further more, our expanding stockpiles of itrategic materials present a real price threat in the event of a peace i scare. Such stockpiles could then act strongly as a depressant on prices. Wise merchants will op erate with only a conservative in ventory. 12. The cost of living will re main high during 1952. This, pre diction rocogmws that living costs next year may continue above the lower levels that existed during the first half of the year now closing. I also predict further rises in freight and passenger rates. Farm Outlook Good 13. Congress will not take any action during 1952 to legally bol ster so-called fair trade price maintenance. It's too risky politi cally when consumers are com plaining about the cost of living. ( But, some manufacturers will t*ghten up on distributors, elim inating those who won't sign fair trade contracts. 14. Barring crop failures, the to tal supply of food available should be larger in lift? than for 1891, since the government will raise . planting quotas as part of its at tack on inflation. If the weather is extremely favorable, the govern , ment will be asked to give away 1 surplus crops. 13. With prospects good for a rising supply of feed grains, most meat should be more plentiful next year than in 1951. Prices for beef, however, will be held up by high wages and military needs. Local Taxes Will be Higher 16. The burden of federal taxes, both corporate and personal, will not be increased again during 1952 above the advance late in 1S51. State and municipal taxes, how ever, will go higher again. 17. The above forecast is based on the assumption that unless Stalin starts world war III during the early months of 1952, he has . made up his mind to forget world war III until the United States and our Allies again "Go to sleep," | which may be some years hence. I We five this as a definite predic ation aa to the outlook for world P war m. F 18. There are three ways of pre I venting inflation: (1) increased r production; (2) decreased spend I iaE m* (I) as * last resort, in panying fear of inflation arc not yet at their peaks for this business cycle. 19. States and municipalities will again be under pressure to find adequate sources of revenue. Further increases in sales taxes by states and municipalities can be looked for next year. 20. There will be no increase in | "luxury taxes" during 1952. Domestic Trade Uncertain 21. Credit curbs will continue to hold down the demand for automo biles and certain household equip ment. Completions of fewer dwell ings will also act as a damper on furniture sales. 22. Falling demand for hard goods should stimulate the public's spending for food and lower-priced soft goods. 23. The above trend forecast will mean a decline in department store volume. I predict a Vise in the sales of variety and drug chains. Foreign Trade Outlook 24. I believe that armament is to become a new and permanent industry, at least for many years to come. Airplanes, tanks, artillery, guns, and munitions will constantly be replaced as they become obso lete. This new activity will op erate much as the automobile in dustry lias operated. I forecast that this will be more and more recognized throughout 1952. 25. Barring new war develop ments, I look for continued shrink age in our civilian exports daring 1902: Imports, however, may rise further. Exports to South Ameri ?? will be oil. Total ftffelgn trade should not be changed much, but the exporters will be on the short end of this business with the im porters gaining. 26. Except for war supplies, it will become more difficult to con vince Congress that additional heavy credits should be granted abroad. 27. Many domestic manufactur ers will feel increasing competition from foreign merchandise. A cry for increased tariff protection will be heard; but no radical tariff legis lation will result. More Deficit Financing 28. The first quarter of 1952 may actually see a budget surplus as a result of high national income and increased taxation. But, a federal deficit will surely arise dur ing the balance of the year. 29. Government loans will grad ually increase during 1952 and there will be some Strengthening of basic interest rates. 30. Government bonds will con tinue to be held tightly between the floor of Federal Reserve sup port purchases and the ceiling of Federal Reserve anti-inflation sales. Under such conditions, price changes should be negligible dur ing 1952. 31. While Canada and South Africa have permitted "free mar kets" or revaluation of gold, be cause of increases in costs of pro duction, the Administration is still opposed. The gold stock of the United States is, however, likely to be revalued upward when the na tion. in the opinion of government economists, "needs another shot of inflation." This will not be in 1952. Stock Market Bond Outlook 32. Until the danger of war is past, wise people who can easily do so will move out of large bomb vulnerable cities and avoid having investments in such areas. 33. Sometime during 1952 stocks will sell lower than current quota tions. This applies especially to oils and certain "blue chips." 34. Stocks now in the best posi tion for 1952 should be many of those that have not been popular as inflation hedges in the past months. I like good chain variety store stocks, certain movie stocks and possibly the air-transportation iasues. 35. Investment trust funds, pen sion funds, and insurance com panies may provide an excellent backlog of demand for sound in come stocks where good values can be demonstrated. 36. Successful investors of 1952 will be those who have the patience to follow a carefully planned in vestment program. Such a pro gram will emphasize diversification ?not only by company and indus try, but also by quaUty and cash. 37. Highest-grade taxable cor porate bonds should hold in a nar row price range during 1962, but I see no reason for individual in vestors to buy them unless they arc convertibles. 38. With present high income taxes, tax-exempt bonds should con tinue in good demand. Investors should see to it that their bond maturities are carefully diversified, with some part of their bond funds maturing each year. As there usu ally is not a good market for tax exempts when an estate is liqui dated, it is wise to hold only such bonds as will mature near the time of one's probable death. Real Estate Activity 39. Much of the recent real estate boom was the result of easy credit ? almost nothing down and small payments for years hence. Under the recent legislation there will be fewer small homes built in 1952; but some credit restrictions will be modified. Mortgage money should soon be had on more liberal terms. 40. Non - essential commercial building will be hit in 1952? but, barring world war III, controls will be lessened rather than increased. 41. The decline in new building will continue to throw a wet blan ket over speculation in vacant sub urban lots during 1952. 42. The scare caused by the Ko rean-China war and fears of an early outbreak in other sections will adversely affect the demand for big city real estate. This fear, however, is declining and many who had put their city properties up for sale arc withdrawing them. 43. Small sustenance farms should hold up well in price as these continue to be valuable in flation hedges. Demand for large commercial farms, however, should weaken as the year progresses. 44. Any, swing back toward rent control will act as a further dam per on new apartment house build ing. There is as yet no incentive to balld homes for rental income, although rout control is gradually lessening. 45. Tighter credit controls will make U more difficult to improve older residential properties. Hence, the prices for these should weaken even though these are now the best buy*. 46. Volume of money and credit in circulation will continue to in crease to about the peak of a few years back. The big rise has been in credit. Much of the credit in crease is "secured" by commodity and property values that can shrink greatly when defense spending ends. Defense Orders, Politics 47. Those who can do so should attempt to get defense orders if needed to hold up production vol umes and reduce overhead. Not too much profit from such war bus iness should be expected. These contracts will be subject to tight fisted renegotiations. 48. The political outlook for 1952 will be completely dominated by jockeying for position in the Presidential race for 1952. Barring world war III, Congress will part very little new legislation except some sops to labor and the vet erans. 49. Congress will still be dom inated by a conservative coalition of Northern Republicans and Southern Democrats. This North South coalition will still be able to curb onslaughts by New Dealers. 50. Democrats, as well as Re publicans, in Congress are making every effort to avoid antagonizing farmers. Again, in 1952 ? as in 1948 ? the farmers will hold the balance of power in the Presiden tial and many Congressional elec tions. Midwest states can make or break the Presidential candidates. The labor vote it overrated. Guy Vann Arrested Beaufort police arrested Guy Vann Sunday on a charge of public drunkenness. Vann, who has been released under $12 bond, will be given a hearing in mayor's court Monday. Police Chief Carlton Garner otherwise reported "a quiet Christmas" in Beaufort. Tide Table Tides at Beaufort Bar HIGH LOW Friday, Dec. 28 7:47 a.m. 1:14 a.m. 8:09 p.m. 2:15 p.m. Saturday, Dec. 29 8.-40 a.m. 2:10 a.m. 9:00 a.m. 3:06 p.m. Sunday, Pee. 38 9:31 a.m. 3:05 a.m. 9:58 p.ni. 3:58 p.m. Msaday, Dec. 31 10:25 a.m. 4:01 a.m. 10:50 p.m. 4:47 p.m. Tuesday, Jan. 1 11:15 a.m. 5:03 aJB. 11:44 p.m. 5:39 pja. Five Injured , Wednesday Night In Auto Crash Miss Pearl Brinson, Mrs. Ladell Riggs Recover In Morehead Hospital Recovering today in Morehead City hospital from injuries re ceived Wednesday night in an acci dent near Newport are Miss Pearl Brinson, Morehead City school teacher, and Mrs. Ladell Riggs. Newport route 1. Also slightly in jured in the accident were James Webb, Morehead City, Mrs. Josiah Bailey, III, Raleigh, and Ladell Riggs, Newport route 1. Miss Brinson suffered multiple bruises of the head and face when she was thrown against the wind shield. She was also reported to have superficial lacerations of the scalp and a mild concussion but was much improved yesterday. Mrs. Riggs sustained a cut on the leg and mild concussion, but Dr. John Morris, attending physician in both cases, said Mrs. Riggs was improving also. Children Unhurt Mrs. Bailey, Webb, and Riggs sustained minor cuts and bruises. Mrs. Bailey's two children. Ruth and Josiah III, escaped without in jury. The accident occurred at 4:50 p.m. one-quarter of a mile east of Newport on highway 70. Webb, in a 1949 two-door automobile, was driving toward Morehead City and another car, driven by Riggs. was headed toward Newport. Highway Patrolman J. W. Sykes ?aid the collision occurred when Riggs turned to his left to enter a service station on the opposite side of the highway. The Riggs car. a 1941 coupe, struck the Webb car practically head-on. The patrol man said Webb told him that he was driving between 35-40 miles an hour, following H. Earle Mobley, Morehead City, who was driving ahead. Riggs- cut between the Mobley automobile and Webb's car Patrolman Sykes said. Car Demolished The Webb auto was demolished and damage to the Riggs' automo bile is estimated at $150. Riggs has been charged with careless and reckless driving resulting in an ac cident. Mrs. Bailey and Miss Brinson were riding on the front seat of the Webb car and the children were in the rear. All were return ing from Raleigh where Webb and Miss Brinson had gone in the morning to call for the Baileys who were to spend several days here with Mrs. Bailey's parents Mr. and Mrs. N. R. Webb. Members in the Webb party were taken to the hospital in the George Dill ambulance. Mrs. Riggs was carried to the hospital by Howard Garner, Newport. Riggs is a town employee of Morehead City and Webb is em ployed at the Morehead City post office. Sea Dog Blocker Remains Dl * Gene Lewis, Sea Dog player who won the John Jones award for best blocker of 1951. is still ill at home in Highland Park after suffering a heart attack while at school Dec. 19. Last Friday Gene was taken to the Morehead City hospital for an electro-cardigram. Results of it, said his mother, Mrs. William T. Lewis, have not yet been an nounced. Mrs. Lewis added that Gene may be well enough to return to school after Christmas vacation. For the past few days. Gene has been able to get out of bed for part of the day. Fvmmb Extingniih Blast Construction Picccs Beaufort firemen put out a fire which blazed among construction materials belonging to Tad Davis, contractor, at 4 o'clock Tuesday af ternoon, Christmas day. The materials, including forms for laying concrete, were located near the junction of Ann at. and Lennoxville road. It is not known how the fire started and no esti mate was made on the damage. Band Marches at Bayboro Members of the Beaufort high school hind marched In Bayboro's recent Christmas parade. Shown above are the drum majorettes and to the right is Dale Browder, director. Morehead City's high school band appeared also in a Chrhtmas parade at Raleigh. March of Dimes Campaign Committee Will Meet at 8 O'Clock Tonight Carteret Chronology ! Will Appear Jan. 1 Appearing in Tuescay-s Issue of THE NEWS-TIMES will be the annual chronology of Carte ret county for the year just past, 1951. Written by F. C. Salisbury, More head City, NEWS-TIME.1* Here and There columnist, it will be accompanied by pictures. The Tuesday issue of the paper, Jan. 1, will also contain other New Year features in addition to the latest news, plus a full page of comics. Jaycees Cite More Winaers In addition to those who won cash prizes in the Jaycee Christmas decorating contest were others whom the judges cited as worthy of honorable mention. They are as follows: In the com mercial classification. Hardware and Building Supplies and the REA office; residential, the Hev. J. Paul Jones, Bob Hicks, Mrs. J. C. Tay lor, Rupert Earl Willis, Fred Lewis; colored, Jefferson Stamps, Mrs. Mary Jane Truman, and John Tillery. Winners were announced Mon day by Lester Styron, chairman of the Jaycee decorating contest com mittee. Those who received cash prizes are Eastman Furniture co., A. T. Leary. Ethan Davis, Marvin Powers, Duffy Guthrie, and Dave Styron. In a classification all by itself was the fire department which the judges commended as being espe cially attractive. Styron said the secret committee choosing the winning homes and commercial establishments had an extremely difficult job and as chairman of the committee in charge he extended a big thank you from the Jaycees to all per sons who helped to make the Christmas season brighter by decorating their homes and busi ness places. Farm Agent Announces Three Short Courses ? R. M. Williams, county farm agent, today announced the sched uling of three short courses at North Carolina State college Jan. 7, 1952. through Feb. 1, 1952. The courses arc animal husbandry, dai ry husbandry, and farm crops. Williams pointed out that agri culture is becoming highly mechan ized and requires an increased amount of technical training to do a good job, therefore, he urges farmers to avail themselves of the best posible information such as taking courses at State colege. Further information on the cour ses may be obtained at the office of the farm agent, post office build ing, Beaufort. Serves at Guam The Naval supply depot at Guam. Marianas Islands, is the new duty station of Louis J. Noe, II, seaman apprentice, USN, aon of Mr. and Mrs. Louia J. Noe, Jr.. Beaufort, N. C. Noe ia serving with the Pub lic Works department of the depot ? Members of the March of Dimes* campaign committee, community chairmen. A. H. James, chairman of the county chapter for infantile paralysis, and other officers of the chapter will meet at 8 o'clock to night at the civic center, Morehead City, to complete plans for the 1952 March of Dimes campaign. The campaign opens Tuesday and closes Jan. 31. This covers a period of four weeks, two weeks longer than in previous years. This is necessary, according to national foundation officials, because the burden of caring for recuperating victims is becoming increasingly burden?ome. Carteret county's quota for the 1952 March of Dimes is $7,500. Comprising the campaign com mittee arc members of the Carteret Business and Profesional Women's club which this year has undertak en the project of conducting the campaign. Campaign chairman is Mrs. Roma Noe, Beaufort. Mrs. Noe urges all community chairmen throughout the county who can attend tonight's meeting to do so. Duties of community chair men will be explained and mater ial for carrying out the campaign will be distributed to those per sons to whom it has not yet been delivered. Wednesday Crash Leads to Arrest ? James Allen Salter, Sea Level, has been charged with failure to stop at a stop sign, resulting in an accident, and two persons. Callie and Norma Willis of Davis were injured at 2 o'clock Wednesday afternoon at an intersection in Davis. The injured were taken to More head City hospital where they were treated and discharged. According to Highway Patrolman J. W. Sykes, a car driven by Salter and another driven by Mrs. Mary Davis of Davis met at the intersec tion of Markham ave. and Scott Hassell ave., Davis. The car driven by Salter, he said, ran into the side of the Davis car when Salter failed to stop at a stop sign. Riding with Salter was Ebben Salter, also of Sea Level. The Wil lis's were riding with Mrs. Davis. A small child in the car. as well as Mrs. Davis, escaped injury. Damage to the Davis car was estimated at $500 and to the Salter car $50. Teacher Thaaks Persons For Aid in TB Display Mrs. David Beveridge, home eco nomics teacher at Beaufort school, today expressed appreciation to persons and firms who assisted the third year home economics girls in arrangement of a display win dow on the TB Christmas seal sale. The window waa located in the Lipman department store. Others who cooperated in addi tion to Milton Lipman, Mrs. Bev eridge said, were Herring's, E. W. Downum, Potter's Dress shop, Eastman's Furniture co.. City Ap pliance co., Beaufort school, Mrs. L. C. Davis, Mrs. Ben Robinson, and Street Wetherington. The home economists won a cash prize from the TB association for their display. Five Jodges < Choose Beaufort's Man-of-the-Year Five judges uqftnfcnously chose Beaufort's tnan-ol-Ufeycar at a re cent meeting where nine nominees were considered. The name of the "man-of-the-year," who will receive the Jaycee distinguished service award, will not be revealed until Saturday night, Jan. 19, at a ban quet at the Beaufort school cafe teria. The judges were W. II. Potter, jr., Mrs. Winfrey Davis, Charles B. Harrell, Dr. Theodore Salter, and Lockwood Phillips. They met at the home of Holden Ballou, chairman of the Jaycee DSA com mittee. Ballou said that the vote of the judges alone determined the win ner. The Jaycee organization itself had no voice in the selection. The nine nominees considered were suggested by Beaufort civic, fraternal and church organizations. The DSA chairman today ex pressed his appreciation to all the groups who cooperated in the pro ject and thanked the judges for their patient work and intelligent consideration of the nominees. Jet Squadron - To Go to El Toro Cherry Point.? Marine Fighter Squadron-115, a jet outfit attached to the Second Marine Air Wing here, will leave for the Marine Corps Air station, El Toro, Calif., Jan. 2. VMF-115 will be attached to the Aircraft Fleet Marine Force Pa cific at the west coast station and will probably be used for replace ments in Korea. Lt. Col. T. M. Coles. USMC, new ly-promoted commanding officer of the squadron, is serving for the second time in that capacity. To ward the close of World War II, he took over the squadron in the Philippines, serving until March 1946, when he was rotated back to the States. The squadron was then based in Peiping, China. Col. Coles took over command of 11S for the second time Aug. 23 of this year at Cherry Point. The squadron recently returned here from maneuvers in the Carib bean area where they were engaged in large scale bombing and rocket training and field carrier landing practice. VMF-115 pilots fly the F9F Pan ther jets which have been used with great success in close air sup port missions by the First Marine Air Wing in Korea. Aids Santa Claus Airman Allie G. Smith, son of Mr. and Mrs. J. I. Smith, Morehead City, assisted Santa Claus at a par ty for 200 underprivileged young sters it the Pensacola Naval Air station recently. Lonnie Pittman, captain of the Lucky Star, sighted the body of Herbert Berry, Ne gro, floating near the dock of the Ottis Fish Market, 805 Shepard at., Morehead City, at 10 a.m. yesterday. Berry, who Coroner Leslie L. Springle estimated was 40 yearfc old, was last reported seen by members of the Charles S. Wallace crew on Dec. 9 about midnight. The body was taken to the George W. Dill and Sons funeral home where Coroner Springle and Dr. Milton B. Morey examined it. The eoroner said that no marks of violence were found and that Berry evidently died from accidental drowning. The condition of the corpse, Springle added, led him and Dr. Morey to believe that it had been in the water since the time of Berry's disappearance ? about three weeks ago. The coroner had impaneled a jury for an inquest but dismissed the men following examination of the body and no inquest was held. Berry, a native of Southport, worked on the Mattie Phillips, a menhaden boat captained by Joe Buttry. Buttry told THE NEWS TIMES that he last saw Berry Sat urday, Dec. 8 when he paid off the crew. "We were tied up," he said, "at the foot of 8th st. in Morehead City and were not going out again until early Monday morning. Three other boats were between us and the wharf. "Flush against the wharf was the Charles S. Wallace. Berry went aboard her and talked for a time with the crew in the galley. He may have fallen into the water while trying to jump from the Wal lace or one of the other two boats onto ours." A member of the Mattie Phillips crew who was a relative of the de ceased identified the body, the coroner stated, despite the fact that its face had lost most of its skin and hair. A sister in Southport took th? body to that town yesterday altar noon for burial. Case of John Henry Jones Will Go to Grand Jury John Henry Jones, former crew member of the Beaufort Fisheries menhaden boat. Commander, is be ing held for grand jury action in the shooting of I'ercel] Colson, 26 yearold Negro who was killed early Saturday morning aboard the Commander as it was undergoing repairs at New Bern. Jones' case will go before the Craven county grand jury in the January superior court term. A coroner's jury ruled Saturday afternoon at New Bern that Colson died as the result of a .22 calibre bullet wound allegedly inflicted after an argument with Jones. Three members of the Commander crew testified at the inquest that they saw Jones shoot Colson as Colson was advancing on him with an orange crate. They said the pair had been quarreling earlier in the evening over a woman after the crew had been in New Bern drinking. The crew members said the two had argued on deck, then went below into the crew's quarters. Here they testified, Colson pick ed up an orange crate as though to attack Jones. Jones picked up a .22 rifle and shot Colson. A fourth member of the crew testified that he didn't see what had happened. Coroner Frank Ballard said Jones is being held and had not asked for bail to be set. Jones was picked up about 10 o'clock Satur day morning in Five Points by New Bern police. Carolina Aluminum Co. Besnmos Full Prod action Raleigh ? North Carolina will close the calendar year pouring aluminum into the nation's stock pile at top capacity from the aeven potliiies of the huge reduction works at Badin. ? Carolina Aluminum company has resumed full production, according to J. B. Holmes, works manager at Badin. The Badin plant, which re turned its sixth potline to produc tion Nov. 23, will be making alu minum at the peak rate of 206,000 pounds per day when the seventh unit starts. In a letter to Louis V. Sutton, president of Carolina Power and Light company, the manager of Carolina Aluminum stated that full production was made possible through the continued assistance of Carolina Power and Li^bt co. and the Duke Power co.
Carteret County News-Times (Morehead City, N.C.)
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Dec. 28, 1951, edition 1
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