PRIZE-WINNING NEWSPAPER at (h* TAR HEEL COAST CARTERET COUNTY NEWS-TIMES '?> 45th YEAR, NO. 104. THREE SECTIONS EIGHTEEN PAGES MOREHEAD CITY AND BEAUFORT, NORTH CAROLINA FRIDAY, DECEMBER 28, 1956 PUBLISHED TUESDAYS AND FRIDAYS Tragedy Strikes During Holidays Alleged Car Thief ' Sent to High Court James Oscar Chapman was bound over to superior court un der $500 bond Monday. Herbert Phillips, judge of Morehcad City Recorder's Court, found sufficient evidence that he had stolen a 1951 ) Plymouth belonging to J. D. Holt to hold him for superior court ac tion. Chapman received a 30 day sen tence for public drunkenness as well. He will serve the time work ing on the streets under the su pervision of the superintendent of streets. Glenn Koy Oldham was given a 90 day sentence, suspended on pay ment of $100 and costs. He was found guilty of driving drunk. Clarence Medlin was found guil ty of temporary larceny of an V automobile. Medlin had been brought in by his bondsman after a six-months scarch. He was or dered to pay eosts and pay the damage to William Kelly's car, whieh he had taken. He got a year's suspended sentence. William T. Brock paid $10 and costs for public drunkenness. Wil liam Gordon Gaskill paid costs for public drunkenness. Charlie W. Willis, New Bern, was fined $25 and costs for driv ing without a driver's license. Willis was told that the fine would be remitted if he presented a valid license within one month. Raymond G. Chugg was taxed half costs for making an improper left turn. Cases against Jerry Bryant, William Kennedy, and James Car roll were continued. Rich Fishing Grounds Located off N.C. Coast Chamber Lists Final Winners The Beaufort Chamber of Com merce has announced the winners of the final drawings of the Pirates Chest of Silver, Saturday and Monday. Saturday's winners were Jerry Darling, $50, ticket from Guthrie and Jones; Jimmy Kaden, $20; tickct from B. A. Bell, Jeweler; Mrs. Sue Gibbs Willis, $10, ticket from Jim Wheatley's; Mrs. Gra ham Duncan Jr., five gift certi cates, ticket from Styron's Depart ment Store; Miss Esther Cowan, $10, ticket from Potter's Dress Shop; and Earl Jones, $10, ticket 4 from Ben's Bicycle Shop. Monday's winners were Mrs. Dolly Smith, $50, ticket from John son-Saunders; Tull Williams, 10 gift certificates, tickct from E. W. Downum; Miss Lucy White hurst, $20, ticket from Carteret Hardware; Miss Lilly Lewis, $10, tickct from Guthrie and Jones; Miss Ruby Guthrie, $10, tickct from Guthrie and Jones; and Jul ian Piver, $10, tickct from City Appliance. Jimmy Raden, Morehcad City, l was the only person outside of Beaufort to win in either drawing. Mrs. Pat Russell, chamber sec retary, reports that the program was very successful and that the chamber appreciates the coopera tion of the merchants and custo mers who helped. Shooting Accident Reported to Sheriff George Washington Boone Jr., 15, was shot in both legs and in the left foot Wednesday afternoon. Sheriff Hugh Salter, who Investi gated the accident, said that Boone lived just over the line in Craven County. The sheriff said that Bolethcr Fisher Jr., 11; had taken a 12 gauge shotgun and two shells be longing to hii father. Bobby Mar , i tin, 14, Fisher, and Boone were playing with the gun when the accident occurred. The loaded gun was on the ground, and Martin pulled the trig ger with a stick. The charge hit Boone while he was running away, lie was brought to the Horchcad City hospital. Practice Bombing Set for Maw Point Cherry Point, N. C ? In keeping with a policy of giving advance warning to the public of practice bombing operations in the Pam lico Sound area, air itation offi cials here issue the bombing sche dule in force through Sunday, Jan. , ?, 1957. Practice bombing will be held over Haw Point, alio known as May's point area, from sunrise to sunset on Dec. 2S and 29 and from sunrise to aunsct on Jan. 2, 3, 4, 5 and 6 There will be no bombing op erations on Maw/May Point on Sunday, Monday and Tuesday, Dec. 30, 31 and Jan. 1. Use of this target area beyond Sunday, Jan. ?, will be announced at a later date. Bark to Normal The school student* seem to be the only ones still enjoying the Christmas holidays. Banka, city halls, businesses, and the court bouse were all open by ytsUrdajr. ? Oriental? There is a rich, "un fished" fishing ground off the North Carolina coast, but the U. S. Fish and Wildlife Service is not keeping it a secret, as it has been accused recently. Garland Ful cher, president of the North Caro lina Fisheries Association said today. The Federal Service was ac cused of withholding information following exploratory trawls by the Service boats Bowers and Com bat off the coast in November. At the same time test trawls were done at mid-depth and down to 250 fathoms by the Sarah J., owned by Earl 11. Holton, vice president of the North Carolina Fisheries Association. The exploratory trawls between Cape Hatteras and Cape Fear were costly in the loss of nets and gear, according to Holton and G. B. Tilbot, chief of the Fish and Wildlife Service laboratory at Morehead City. Several types of deep-water shrimp were taken in the nets ? the largest counting 60 shrimp to the pound, and the lar gest catch of them three pounds in one drag of the trawl nets. The meat was found to be soft and dif ficult to process, Mr. Holton re ported. The fishing grounds known to the commercial fishermen, but not adequately fished, however, is the Raleigh Bay area Mr. Ful cher said. Known as the "Fish Basket of the Carolinas," it ex tends from Cape Lookout to Cape Hatteras, about 45 miles in length and up to 10 miles in width. The ?direct approach to it is through Ocracoke Inlet, which has silted until it is dangerous to all but the smallest fishing craft. The alter nate route is 90 miles around through Beaufort or Oregon In lets. The NCFA received a most fav orable reception from the U. S. Corps of Army Engineers when it presented the case for the deep ening and stabilization of Ocracoke Inlet recently, Mr. Fulchcr said, and favorable action for its im provement is expected in the next session of The Congress, where an enabling act and an appropria tion must be approved for the work. Thereafter, Fulcher said, great er income will come to North Carolina from the rich, "open se cret" fishing grounds of Raleigh Bay. Beaufort Celebrates Orderly Christmas Beaufort Police Chief Guy Sprin glc said yesterday that this has hecn the quietest Christmas that h* has ever known in Beaufort 10 far as law violations are concerncd. Chief Springlc and assistant chief Carlton Garner arrested William Owens, Matthew McCowel, Wood row Wilson, and Howard Fordcll for public drunkenness during the three-day holiday. Tide Table Tides at the Beaafert Bar HIGH LOW Friday, Dec. 28 5:27 a.m. 11:52 a.m. I 5:41p.m. 11:44p.m. Saturday, Dec. 2? 6:17 a.m. 6:31 p.m. 12:42 p.m. Suday, IX-c. M 7:02 a.m. 12:35 a.m. | 7:17 p.m. 1:2C p.m. Monday, Dec. 31 7:44 a.m. 1:20 a.m. 1:00 p.m. 2:0t p.m. | Tuesday, iaa. 1 1:25 a.m. 2:15 a.m. | t:53 p.m. 2:52 p.m. This is the 1951 Plymouth in which J. C. Fulcher, Stacy, was killed Christmas morning, lie and Bruce Fulcher, Atlantic, were thrown Photo by Roy fcubank* from the car, which was demolished. Funeral services were con- I ducted at the Fulcher home in Stacy Wednesday afternoon. Business Forecast for 1957 By ROGER W. BABSON Both presidential candidates, in their pre-election speeches, prom ised Peace, Prosperity, and Pro gress. They stated that they must do this in order to enforce the Em ployment Act of 1946. This is the basis of my Outlook for 1957, tem pered of course by Russia. 1. World War III will not start in 1957. 2. 1957 will witness gradually increasing inflation. 3. Manufacturers will be faced with higher costs for both ma terials and labor. 4. All business will be confront ed by increased competition, both within their own industries and from other industries. 5. More advertising will be nec essary in 1957 if profits of manu facturers and retailers are to equal those of 1956. 6. Failures will increase in 1957, both as to numbers and liabilities. Thousands of small concerns will be wiped out. One or two of the larger corporations will face bank ruptcy or re-organization. 7. Cost of living will rise slightly during 1957. 8. Most labor unions will hesi tate to make public fights for higher wages, but will work for shorter hours, pensions, and "fringes." 9. Europe must pay so much more for oil that it will have less money for purchasing other goods. 10. Unexpected events will occur during 1957; however, as a whole, business will remain fair, but with smaller profits. 11. As foreign countries must pay in gold or dollars for oil, their industries will be handicapped, unemployment will increase, and pressure for aid from the United States will be greater. 12. The Federal Reserve Board will not relax its restrictions so long as we have full employment in the United States; but if un employment increases we may ex pect a relaxation. 1 am very glad Mr. Robert Cutler will again be Mr. Eisenhower's adviser. ]?. OWlng 'lo the tremendous numbers of employees, suppliers, and retailers dependent upon the large corporations, these will be first to receive batik funds. 14. Many plans for expansions of plants, by both big business and little business, will be post poned. Most corporations will find it difficult to get new short-term money at any price in quantity; while long-term financing will be too expensive. ? 15. Tight money will cause state, municipal, and town gov ernments to postpone plans for building roads, schools, and hos pitals except in cases where the Federal Government pays most of the costs. This will put a dam per on many lines of business. 16. Owing to these increased money rates, state, municipal, and town bonds, although tax free, have been declining rapidly in price. Most financial advisers fore cast much lower prices for such securities. It is possible that the postponement of such building plans may so diminish demand for such money that these non taxable bonds will sell at higher prices before the year is out. This Roger W. Babson . . . predicts the future post poncment may also reduce the price of steel and other materials. 17. The money managers for each corporation, large and small, will now arrange their financing needs for two years by either se curing the necessary funds now or reducing their requests. 18. Prices of corporation bonds will not recover so quickly as the non-taxablcs. I forecast lower price* for most corporation bonds. 19. Many of the smaller and newer corporations will be much disappointed by their inability to secure funds during 1957, except by selling convertible preferred stocks on terms very favorable to investors. It is well to issue such securities when money rates are low because the advantages continue for many years; but not when money is tight, as such se curities then tic up the borrower Committee Starts Plans For Hodges' Inauguration Yule Weather Remains Warm E. Stamcy Davis, weather ob server, notes that Christmas week has been about as warm as it was last year. Dec. 23 and 24 were warmer, while Christmas day and Wednesday were cooler. A heavy frost was reported both Wednesday and Thursday morn ings, and a light rain (ell early Sunday morning. Temperatures (or this week and corresponding days of last year follow: Maximum Minimum '56 55 '5# '55 Sunday 68 56 60 38 Monday 6? 60 6C V) Tuesday 61 65 43 53 Wodncsday 54 57 33 41 Ship Due * The Erlungen of the llamburg Amerika Lines is due at state port Sunday for a cargo of tobacco for Europe. The Esso New Orleans arrived at the Esso dock Wednes day and sailed early yesterday morning. She had brought a cargo of gasoline and fuel ?U. ? Raleigh ? The Governor's Inau-H Sural Committee announces that it is making plans for a full, two day program covering the inau guration of Gov. Luther H. Hodge* in February. In the past, all events of the inauguration have been held on one day. State Senator James M. Poyner of Wake, general chairman of the commKtcc, reported that his group is hard at work on plans for a program that will begin on Wed nesday. Feb. 6, the day for the convening of the 19S7 General As sembly. This will allow ample time fol lowing the opening session of the General Assembly for social and cultural events during the after noon and evening which may be planned by private groups and others, he said. Groups Cooperate The Junior League of Raleigh and the American Legion, Post No. 1, of Raleigh, have notified the Governor's Inaugural Commit tee of their plans to co-sponsor the Prc-Inaugural Ball on Wednesday evening honoring Governor and Mrs. Hodges, Lieutenant Gover nor and Mrs. Luther E. Barn hardt, and the Council of State. The ball will not be sponsored by the State, but will be a private ly-planned social event for the public with net proceeds going to 8m COMMITTEE, Page 1 Forty Years Ago It Was Cold! By F. C. SALISBURY Forty years ago today, Friday, Dcc. 28, 1916, the Morchcad City Coaster stated that the largest snowfall yet recorded in this sec tion took place and was followed by another heavy fall the follow ing Tuesday. The thermometer recorded 4 above zero at S o'clock Monday morning, Dec. 31, and continued to hang around that point prac tically during the entire week. On the morning of Jan. 4, 1917, it registered 7'/4 above zero The Coaater laid, "According to our older citizens, in 1857 the tem perature dropped considerably but no weather as the .present spell il remembered by them. "The sounds and rivers are frozen over. A number of persons walked to Crab Point on the ice which covered Calico Creek. All fish boats and other craft are idle and trains have been unusually delayed of late. "Many duck are being killed In the harbor, in some instances off the fish house wharves." for a long number of years at high rates. 20. This means that 1957 will be a good year for investors to switch from low-yielding stocks to attractive bond issues. Real Estate Outlook 21. Home building, corporate ex pansion, and municipal improve ments will decline in 1957. There fore, it will not be a good year for speculating in real estate. 22. Interest rates on mortgages will be higher in 1957. Loans not "federally" guaranteed will re quire larger margins. 23. Real estate in large cities will continue inactive with declin ing prices due to lack of parking facilities. 24. Suburban real estate will continue active, but fewer new houses will be built. Houses will be for sale by executives who have lost their well-paid jobs. 25. Purchasers will give more attention to the size of the lots than to the houses. Better loca tions can be secured by buying existing houses. Modern kitchens will become a "must." 26. Acreage near proposed shop ping centers will be excellent for speculation. The automobile will continue to raise havoc with real estate prices, helping some loca tions and hurting others. 27. New inventions in connec tion with heating, lighting, and other features will make most older houses obsolete. 28. Large commercial farms will continue prosperous. Small farms on the fringes of cities will be more valuable. The outlying me dium-sized farms will be both ex pensive to operate and hard to sell. 29. The nearness to schools, churches, stores, and bus routes will bccomc a more important fac tor in the resale of homes. 30. Those wishing to own a well located home to occupy will find 1957 a good year to buy or build; but a dangerous year for specu lation. Stock Market Outlook 31. It is foolish for anyone to now forecast the stock market for 1957. The Dow-Jones Industrial Average, now around 490, may de cline to 400 or advance to 800 during 1957. 32. All investors will want "saf ety," but wise investors will first decide whether they also want "income" or "profit." Only by luck can you obtain all three fea tures with certainty during 1957. 33. Investors can buy. during 1957, well-seasoned preferred stocks (preferably cumulative) which will give, with safety, a yield of near 6 per cent. I will gladly send, free of charge, a list of such to any reader so request ing. 34. During 1957 good utility stocks should be attractive for yield and marketability. The de mand for electricity will continue to increase throughout 1957, 35. The above two recommen dations apply to those in moderate income tax brackets. The investor in medium or high brackets will buy during 1SS7 non-taxable state, municipal, or town bonds carry ing "full faith and credit." Taxes will gradually increase during 1957, and non-taxable bonds will be more in demand from wise investors. 36. 1 am not now prepared to See BABSON PREDICTS, Page 2 Automobile Accidents, Fire Mar Christmas Season Tragedy struck the county over the Christmas holidays in the form of a fatal wreck near Stacy and a burned home at Atlantic Bcach. Several less serious accidents were in vestigated by the Highway Patrol and Morehead City Po lice Department. J. C. Fulcher, 27, of Stacy was killed early Christmas Jaycees Praised For Christmas Lighting Program The Morehcad City J aycccs'i Christmas lighting program was the subject of an article in Future, official publication of the North Carolina Jayccs. The article noted that for many years Morehead City's only Christ mas decorations were the store windows themselves and a few meagre strings of bulbs straggling the length of Main Street. Two years ago, several local business men asked the Jaycees to under take a project of holiday decorat ing. The Jaycees did. Lights and decorations were pur chased and installed with the en tire campaign financed on a di rect merchant contribution basis. Everyone, adults and children alike, were delighted with the en hanced Christmas spirit of More head's Main Street, and the mer chants reported their success in increased sales. The success of last year's pro gram called for a repeat perform ance by the Jaycees. They insti gated the give away ticket method of financing the lights for the 1956 program. Merchants were sold tickets for a penny each, and the merchants gave customers one ticket for each dollar's worth of merchandise they bought. The tickets made their holders eligible for cash prizes at weekly drawings. The drawings were conducted in front of the Municipal Building, and cash prizes of $50, $25, $15, and $10 were given away each Saturday afternoon during Decem ber. Monday afternoon the final and grand drawing was conducted. A $100 grand prize was added to the awards. New Stamp Goes on Sale Postmaster Harold W. Webb, Morchcad City, announced today that the 3 cents commemorative Chilren's Stamp of 19S6 announced recently in Washington went on sale at the postofficc Tuesday, Dec. 18. Postmaster General Arthur E. Summcrfield has termed the stamp a "symbol of the aspirations of all Americans who fervently hope for world peace in the years ahead, stressing the fact that our chil dren of today arc the hope of the world tomorrow." The design for the stamp, car rying the slogan, "Friendship ? the Key to World Peace," was selected from among designs sub mitted during a national competi tion by the grade school and high school children of the United States, its territories and posses sions. The wioning design was sub mitted by Ronald Dias, IS, a for mer student of Roosevelt High School, Honolulu, Hawaii. Gull Causes Lights To Blink in County Lighti in Morchcad City and Beaufort blinked at S:30 a.m. Wednesday. George Stovall, man ager of the Carolina Power and Light Company. Morehcad City, said that It was caused when a sea gull which fleW between two wires touched both Of them at the same time. Mr. Stovall had the electrocuted gull in his office before noon. Its wings were burned, and its body feathers were singed. He (aid that about this same time last year the lights were blinking once or twice every day. The gulla were feeding at the gar bage dumps and as they fought for food as many as two or three would hit wires together. New Year Schedule The banks, postoffice* . and pub lic buildings will be closed New Year'a day, but most businesses in Morehead City and Beaufort will be open. The Colonial and AfcP stores, however, announce that they will bo doled. 'morning wncn nis i v:> 1 riymoum ran off US 70 near Stacy. The car went off the highway and was com* pletcly demolished when it hit trees beside the road. The car belonged to Parker Mo tors. and Mr. Fulcher was driving it until his new Ford, on order, arrived. Survivor in Hospital Bruce Fulcher, Atlantic, who was with him in the car is still under going treatment at Sea Level Hos pital. He had a broken hip, frac tured pelvis, broken hip joint, in ternal injuries, a mild concussion, and lacerations of the face. Funeral services were conducted Wednesday afternoon at the Ful cher home in Stacy. The Rev. Paul I^ec, pastor of the Stacy Free Will Baptist Church, and the Rev. L. A. Lewis, pastor of the At. antic Meth odist Church, conducted the ser vices. He was buried in the Stacy com munity cemetery. He is survived by his mother and father, Mr. and Mrs. James Washington Fulcher, a brother Milton, and a sister, Mrs. Mildred Golden. Home Bums The residence of Mr. and Mrs. C. H. Smith burned to the ground Monday morning before firemen from Morehead City could get the blaze under control. The Smiths were out of town for Christmas, and neighbors reported the fire. The new fire truck from the West End substation was the first engine at the scene, but it used all its water and returned to the station. A tank truck and an engine from the main fire station stayed at the house and tried to keep the fire from spreading. A small, one-room house trailer was damaged consid erably by the fire. The house was located near Mom and Pop's fishing pier and tackle shop which burned last October. Accidents Begin Alvin Wade Jr., Morehead City, turned over a 1954 Chevrolet be longing to Denny T. Lawrence Fri day night in the first of a scries of accidents in the county. Wade turned from 33rd Street onto Aren dcll and lost control of the car. It cut across the grass plot in the middle of the road, circled back, hit the curb, and turned over on its side about 200 feet east of 33rd Street. Morehead City police man Murphy Jenkins, who investi gated the accident, said that no charges were preferred. Neither Wade nor Lawrence, who was also in the car, was injured. Highway Patrolman Bill Pickard investigated four accidents during the holidays. Roland B. Turner, Morehead City, turned his 1952 Ford pickup over early Sunday morning two miles cast of Beau fort. V i?lr Mr. Turner said that he was driv ing east when his brakes locked and he skidded off the road and turned over. Damage to the truck was estimated at $250. Sunday night James M. Graham, route 2 Newport, ran off US TO one mile east of Newport. He told pa trolman Pickard that someone had pulled out in front of him and forced him to run off the road. He was charged with driving too fast for existing conditions, since there was some doubt that a car had actually forced him off the road. Damage to his car was esti mated at $100. The third accident occurred Mon day morning about 12 miles west of Morehead City on NC 24. Joe E. Lewis, route 1 Newport, slowed his 1938 Chevrolet to turn off the road, and Milton E. Bell, Swans boro, driving a 1953 Ford coupe, ran into his rear end. Patrolman Pickard said that heavy damage was done to the front of the Ford The Chevrolet was not worth repairing, he said. Charles E. Beard turned over hla 1953 Bulck Christmas morning on the Nine-Foot road (the road con necting US 70 and NC 24). He lost control of the car going around a curve and it turned over, causing about $400-$500 damage. No charges were made against him. Beaufort Firemen Called . For "Christmas Tree" Fire Front Street merchants in Beau fort were sure that half the town waa on fire Monday afternoon. A low ceiling had caused amok* from Rumlcy'a Feed and See/ Store to hang over that and sur rounding buildings, creating "" lusion of fire. Firemen had checked Fashion Shoppe Hardware before they I Rumley burning trimmings is his

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