Newspapers / The Kings Mountain Herald … / Aug. 2, 1962, edition 1 / Page 6
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North Carolina last year suff ered a 207 million dollar econo-; mlc loss from traffic mishaps ac-j cording to a special study pre pared by the State Department of Motor Vehicles. The immense dollar loss was drained away by hospital and funeral expenses, property damage, lawsuits, in surance claims, loss of income, etc. An agency statistician dra matized the sum this way: If a masked man stepped into a bank and took $40,000 today he would have to steal the same sum steadily every banking day for the next 20 years to equal the amount lost to highway carelessness. How did they die — North Carolina’s 1254 victims of traffic! last year? In a grim summary! the State Department of Motorj Vehicles lists these circumstances: which resulted in death-dealing: mishaps: collision with — other! motor vehicle 327 railroad; train 299, school bus 1, andmal ' drawn vehicle 1, bicycle 33, fix ed object 46. Alson, overturned in road 71, ran off road 320 and 1 other non-collision 11. In addi tion to the fatal accidents there 1 were also 39,359 mishaps invol- i wing property damage ranging from 'bumped bumpers to decis- 1 ion destruction. ! The government’s rural areas ' development program la designed to help people who help them- 1 selves — not to provide all the ( answers or all the financing. i ON STAGEI IN PERSON GENEVIEVE in "CAN-CAN” Ben Kapen's Charlotte Music Theatre izs9-ue ”iai —* zi * 4 °onv .11 lor E*_jL,nMl t Whatever it takes...from $25 to $600 ....you’ll have the money in 4, 24 hours or less, in accordance ! with our liberal credit policy.j jr With a Liberty Loan you can j Bar enjoy the special things you ! want NOW...and spread the j cost over a number of months.! You can also get help planning j P* your summer budget... clearing j up oia unis... solving any Kina ; . of problem. Lots of “extras" come i with a Liberty Loan. Stop in today. -You’ll see. LIBERTY^ LOAN j CORPORATION GASTONIA | | J 130 L MAIN ST.—Ground Floor-VNIverUtf 7-6371 3 Across from AbP Open Wed. and Sat til 1 PM kings mountain Open Wed. and Sat HI Noon 1 * j 124 W. GOLD ST.—Ground Floor—Phone: 739-4793, At Cherokee Street j | J *»ei by Open Wed. and Sat HI 1 PM | 310 S. LAFAYETTE ST. - Cr. FL - Phone 4874379. 1 Minette Mills Employees Enjoyed Annual "Gala Gathering" Saturday GROVER — The Minette Milh employees held their annual “Ga la Gathering” Saturday after noon and night at Brackett Ce dar Park. Supper was enjoyed and gam es and dancing were held. Dooi prizes were given. Rev. Richard Hobson, with Tu Boy Scouts from Grover Trooj 99, are attending the Schieh Scout Camp at Tryon this week They will return Saturday. The following Scouts are at tending: Gary and Dennis Barn es, Danny and Wayne Miller, Ja mes Howell, Jr., Larry McDan iel, Billie Roark, Robert Harry Donnie Pennington, Pranki* Little, Dennis Boln, Larry “Buz zer” Morgan, and Andy Davis. Mr. and Mrs. J. C. Scruggs and Becky, Mr. and Mrs. Pau. Haanibright and family are chap eroning 16 iPFA boy* at Whit* Lake and Carolina Beach thii week. Twenty-two members 01 Covenant Sunday School class oJ the Shiloh Presbyterian church enjoyed a chicken (barbecue cook out Wednesday evening. (Mr. and Mrs. W. J. Hollenbeck who recently purchased the tor mer Rollins Camp place have united with the Shiloh Presby terian church. Miss Marcha McKinney of At lanta is visiting Miss Ann Me C&rt6r> M/Sgt. and Mrs. Don Woods and children, Terri and Bob left Wednesday for Key West, Fla., where he is stationed with the Air Force. (Mrs. J. F. Harry of Charlotte is visiting Mrs. B. A. Harry. Mr. and Mrs. Ray Goforth, Donald and Susan of Greenwood, S. C., were weekend guests ol Mr. and Mrs. Preston Goforth. Sunday guests of Mr. and Mrs. C. P. Conner were Mr. and Mrs. Bill Conner of Greenville, S. C., Mr. and Mrs. James Neal of Bes semer City and Mr. and Mrs. Jack Collins of Blacksburg. Mr. and Mrs. Ellis Tate of Columbia, S. C., were weekend guests of Mr. and Mrs. R. C. Tate. Mr. and Mrs. Lee Pruette and Janet were guests of Mr. and Mrs. Jack Long in Spartanburg Sunday. Mr. and Mrs. Franklin Harry are visiting relatives in Mont gomery, Ala. They went especi ally to be near her brother, Dr. Johnson, who will undergo sur gery there this week. Mrs. Grover Nunnery and De borah, Mrs. R. E. Hamfbnight and Carol and Miss Lula Fain spent never; frPsts in THE EReSH Mood Section! NEVER Frosts In the me, zero COLD FREE ZER, ABSOLUTELY HO DEFROSTING! NORGE NEVER FROST a-DOOR REFRIGERATOR-FREEZER °n!y £5, A WEEK Model NBS-F15—15 cu. ft. gross capacity Low Downpayments New Norge Never Frost Refrigerator-Freezer frees you of ALL defrosting foreverl Giant 148.3 lb. zero-degree freezer Quick-Eject Ice Server stores a party-size supply of cubes Swing ’n Serve Shelves ^ Refrigerated Meat Keeper Easy Tenns COOPER’S INC. S. Railroad Ave. Phone 739-2581 i a few days in Murphy. !Lt Col. and Mrs. James Hardin and sons Jimmy and Billy of Chandler, Arizona, are spending a furlough with (Mr. and Mrs. V. J. Hardin and with her relativ es in Kings Mountain. (Mrs. Alice Aaron of Gainesvil le, Ga., is visiting Mr. and Mrs. E. A. Hamfbright. The Men of Bethany church had a cook-out at the home of Mr. and Mrs. J. H. Smith, Jr., last Saturday evening. Their wives were guests. Mr. and Mrs. H. C. Brown of Lincolnton, Ga., spent the weekend with Mrs. Cora Casey. Mrs. Hubert Brown accompanied them home after spending sever al weeks here with Mrs. Casey. Mr. and Mrs. Uoyd Lee of Kannapolis spent Sunday with Mr. and Mrs. Kerris Bridges. Mr. and (Mrs. Richard Watter son of Gastonia spent the week end with Mr. and Mrs. Hood Wat terson. Mr. and Mrs. Clarence Bell of Belmont and Mr. and Mrs. J. B. Shufdrd of Gastonia were re cent guests of Mr. and Mrs. (Bry an Shuflard. Hood Wattereon and Dickie Baker went with a group deep sea fishing at Wilmington. Jimmy Sharkey is attending Summer School at State College, Raleigh. Mr. and Mrs. Gene Turner vis ited their daughter, Vickie, at the 4-H Camp at Swannonoa last Wednesday. They also visited Bucky Hardin at Black Moun tain. Mr. and Mrs. Forrest Davis, Jr., Rewnetta and George of Greenville, S. C., were guests of Mr. and Mrs. Tom Abernathy Sunday. Buford Hambright spent his vacation in Virginia. Mr. and Mrs. Edward Bell spent Friday and Saturday on a mountain trip. They went by Asheville and returned by Boone. Mrs. Walter Carroll of Gasto nia and Mrs. Lela Hoover of Durham were recent guests of Misses Aline and Evelyn Mulli nax. Mr. and Mrs. Panny Cobb of Charlotte were Sunday guests of Mrs. C. A. Muilinax. Miss Kate Hunter and Miss In a Priester of Charlotte spent the weekend with Mr. and Mrs. J. W. Priester. Mortgage Loans With Insurance At Record High North Carolina property own ers had $862,563,000 of their mortgage financing needs ex tended to them by the life in surance companies of the country at the start of this year, the In stitute of Life Insurance reports. These real estate loans covered 77,510 individual mortgages. “During the past decade of record construction, especially in the housing field, mortgage debt in this country has almost tripl ed, the Institute commented, the nation’s 120,000,000 legal re serve life insurance policyholders have played an important role in providing the necessary fi nancing for this gigantic con struction job. The life insurance funds at work in this channel have increased $24,254,000,000 in the decade. During 1961, alone, new mortgage financing extend ed by the life companies to pro perty owners totaled $6,785,000, 000. This was up $702,000,000 from the year before and $1,651, 000,000 more than in 1951.” For the country as a whole, the total funds on loan by the life insurance companies to proper ty owners in the U. S. increased 127 percent in the ten yearfs since 1961 and stiod at $43,350. 000.000 at the start of 1962. The number of mortgages rose in reached 3,158,840 on January 1, of this year. California led in amount of! life insurance mortgage financ-| ing with $5,837,000,000 on Janu-, ary 1; Texas was second with $4,483,000,000. In farm mort gages, Iowa led with $356,000, 000. The mortgage financing out-! standing with the life insurance companies has increased 566 per cent since the end of World War III, the sixteen - year increase amounting to $37,567,000,000. Currently, 93 percent of the life insurance mortgage financing outstanding is on non-farm housing. Of the total mortgages out standing in North Carolina with the life companies at the start of this year, 3,430 for $38,447,000“ were on farms; 25,350 for $249,- j 333.000 were on non - farm FHAi insured homes; 18,700 for $147, 97.000 were on non - farm pro-i perties under guarantee by the; Veterans Administration; and' 30.030 for $426,806,000 were on other non - farm properties. The last clasificaition included both urban housing and commercial properties, directly financed by the companies under convention al mortgages. For the United States as a while, the life companies show ed $3,159,000,000 extended under! 208.540 farm mortgages; $9,650.-, 000.000 under 1,019 non - farm! FHA mortgages; $6,552,000,000 j under 833,360 non - farm VA; mortgages; and $23,989,000,000 under 1,097,190 conventional non-farm mortgages. In addition to the real estate I loans on United States proper ties, these life companies had $853,000,000 of mortgages on pro perties in Canada and other for eign areas where they do busi nes, bringing total mortgage in vestment to $44,203,000,000 on 3, 226,120 mortgages. Where did they happen — North Carolina’s 1961 death dealing traffic crashes last year? The State Department of Motor Vehicles, in a special study of "accident locality,” reports that 21 of the fatal wrecks occur-1 red In manufacturing or indus trial districts, 43 in shopping or business districts, 197 in residen tial areas, 11 in school or play ground districts and 785 in open country. The locality was not stated in four other fatal acci dents. The year closed with 1254 dead and 34.438 injured in traf fic. "SUPER-RIGHT" QUALITY HEAVY GRAIN FED BEEF SALE! 55. ^ Booelesa Shoulder CLOD ROASTS BONELESS BRISKET (“Super-Right" Heavy Grain Fed Beef 7-Inch Cut RIB ROASTS " 69c s-cA **• 75c i1" Super-Right” Heavy Grain Fed Beef CHUCK BLADE STEAKS - 49c “Super-Right” Heavy Grain Fed SHORT RIBS OF BEEF Per Lb. “Super-Right” Heavy Grain Fed Beef BONELESS RIB STEAKS Per Lb. 33c 95c • "SUPER-RIGHT" HEAVY GRAIN FED BEEF • "SUPER-RIGHT" HEAVY GRAIN FED • STOCK YOUR FREEZER BEEF FOREQUARTER 37< BEEF ARM CHUCK « - 37c [BEEF RIB 10" CUT *« “ 59c • "SUPER-RIGHT" FRESHLY GROUND £t39c 3>s1h 00 Prices In This Ad iff. Thru ; August 4th. | m5SsX»i5«Mw*i JANE PARKER ORANGE CHIFFON JANE PARKE* lemon PIE 39c A&P Brand Frozen Sliced "i A A A STRAWBERRIES SS-lW St 4W White House Dry Non-Fat INSTANT MILK SOLIDS Light Meat Chunks STAR-KIST TUNA Special! Whole Kernel A&P GOLDEN CORN “Our Finest Quality” A&P SMALL PEAS 8 & 55c 33c 2 - 25c 2 E 39c Un — DAILY BRAND DOG KIBBLED BITS 5 & 49c ANN PAGE FRESH MAYONNAISE Quoit Jar FRUITS and VEGETABLES...LOW PRICED! CALIFORNIA GROWN SWEET BARTLETT PEARS / California Grown SWEET RED PLUMS California Grown SWEET CHERRIES 2 33c u 25c 39c Lb. WHITE Seedles Grapes l r Ann Page Pure Fruit Strawberry Preserves 59c - CALIFORNIA 35c Potatoes 59c Outstanding Low Price! Charcoal Briquets 20 & 89c DUNCAN HINES Yellow, White, Devil’s Food, Coe " Cherry Supren Pkgs NORTHERN BATHROOM TISSUE 4 Rous 35c LIPTON TEA BAGS Count Package Ql|C UPTON TEA 14-Pound Packoge "IwC
The Kings Mountain Herald (Kings Mountain, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Aug. 2, 1962, edition 1
6
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