Newspapers / The Kings Mountain Herald … / Feb. 12, 1970, edition 1 / Page 13
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Thursday, FaHruary 12, 1970 KINGS MOUNTAIN HERALD, KINGS MOUNTAIN. N. C. Industry Explains How To ^Reduce Insurance Costs ATLANTA Surprisingly, many families do not realize they can reduce the costs of their autO; and home insurance an.i they! continue to pay more in prem- | iunis than is neiessarj, the In*; surance Informat,on Institute re- | ports. j Hack a few years ago, when i salaries and the costs of goods i and services were lower than | today, many people wanted in surance to pay for 100 ;:er c*enl I of a loss. But this may not be* ■ true today. A key word in thv' In.'Ji ranrc world in rc’cent years has been “inflation.” The typical insur ance company finds itself in a financial squeeze caused by high er costs. The Institute note.s that it simply costs more now' to rebuild a fire damag<.d house Oj pay the me leal bills of a poi son seiiously injured in an auto accident. However, unlike an insurance company, the typical insurancf buyer can reduce his costs. Tlic Institute says inflation shouh c\ause many families to investi gate addin r deductibles to theii insuram-e programs. The Institite notes that wid: public acceptance'is resulting ir the introduction br/ insuiancr companies of a growing numhe of deductible options which ca* reduce the total premium bil paid by the policyholder. Basically, -a $50 deductible means that the,policyholder pays for the loss up to $50. If the loss is moie than $50. the insur ance company pays for the bal ance up to the limits of the |X)1- icy. When the insurance buyer- pays for his own los.sos up to a point that he can afford w'ilhou It’s A Girl For Donald McCarters Capt. and Mrs. Donald M ;Car- ter of Fair Oiks. Cilifornia, an nounce the arrival of their sec ond cb Id, a daughter-, Rachel Elizabeth, Thursday. January 20. Grandparents are Mi. and Mr*s. Oscar McCarter of King.s Mountain and Mr. anJ Mrs. Bill Yates Of Seymo-;.r, Texas. crippling the family budget or wiping out a bfetime's savings, it becomes possible for insurance companies to offer protection a- gainst the big losses at lower premil m costs. Having to pay the first $50 for a I0S.S may have nearly bankrupted many families a few years ago. However, with inflation and in creased salaries in recent years, the siume families today may not be very hard pressed to pay the first $50 or more of a lo.ss. The Institute said a recent n«i* lional study showcfl that about one-third of all losses for damage to hom(‘s and contents w'ere for under $5(,'. While a large number of claims payments to pollcyhold- c-r.s for $50 or under adds up to n l^irgi* expense for the in.surance ■ompanies, the paperwork and nan-h )ur.s required to process the •laims is often just as costly or more costly to the insurers. | Since deductibles make it ))os-1 ;ible tor in.surance companies to 'ave money by not having to pay he low'er claims and pay the "O-sts of processing such claims, ire insurers are able to pas.s the savings on in the fonm of lower jremiums for those policy buyers who have deductible plan.s, the Institute said. The higher the deductible— perhaps even $250 or $500—the rreater the savings to the insur- ince company in operating ex penses and claims payments, and heiofore, the greater the savings o the policyholder. With a greater number of op- ion.'- in deductibles, the in.surance igent or broker can today help ’us customer select a protection olan best suited for his needs at i favorable price, according to he In.stitute. SPEAKER R(*v. Frederic R. Dinkins, mis sionary to Brazil, will be the guest .speaker at the 11 o’clock service Sunday at the First Presbyterian church. THE TAR HEEL KITCHEN By MISS YORK KIKER Department ol Agriculture-— Marketing Home Economist ' Recently many of our North, Carolina food processing plants | have been visited and a number; of various food meetings have! been attended. It is amazing the, amount of work that goes on be-1 hind the scenes to supply u.s with • the high quality and variety of foods that we often take for grant ed. WASHINGTON REPORT BIRTHS DIXON SERVICE Regular morning worship sc: lice wi],i be held at 9:30 a.iri. at Dixon Presbyterian church with the Rev. Robert Wilson to deliver the sermon. c2 L-i^ A Ki r\ I ir o ^CANDIES RED roll HEARTS assorted chocolotei 1 lb. $2.45 chocolates and butter bone 13/4 lbs. $4.15 RED FOIL HEARTS chocolates ond butter bone 8 oz. $1.45 S>/j oz.$1.00 I 0 wz» a* ASSORTED CH0C0UTE3 / y 1 lb. box $1.95 21b. box $3.85 K VALENTINE’S DAY IS SATURDAY, FEB. 14TH MOUNTAINEER PHARMACY 410 West Mountain St. i ( In a conversation with one per- ! son, the statement was made that she always bought "western beef” for she wanted the best. Perhaps many of us have .said something similar. Actually, is there any meaning to the term “western beef”? Do wo mean western North Carolina, west of where we live or the vve.stern states? It would .simplify matters greatly if, we could have a magic or single word to .say to our meat man when we shop. j The place of origin does not indicate the tenderness, taste, or quality of meat. Today systematic efforts are made to develop and] maintain breeds of cattle especial ly suited to the production of, more tender meat. Proper feeding' of the cattle plays a tremendous roh' in th(* long journey from the cattle range or farm to the kitchen range. The teamwork f)f many people — the fairner, the meat packer, the groe(*r, and others— make if pT>ssiblo for the home maker to buy wholesome, tasty, nutritiou.--: beef. How do vve know how to buy when meal i.s such a hig part of our budget? Th(*re are tips that will be of help in beef selection. In buying beef, an important factor to consider i.s that the re tailer stakes his reputation on the h('ef ho sells. Consistency in qual ity i.^ ('s.sential in today’s meal busine.ss. therefor(\ when you find a retailer who handles the brand .grade or quality, of beef you want and who gives you the kind of service you dosirr*, enlist his help. It is nece.ssary to consider not only the cut but the quality of the meat its(*If. Young beef (sometimes called baby beef) may n.)t contain much tat but it prob ably will be lender because it i.s from a young animal. On the oilier hand, lh(’ presence of streaks, or .specks, of fat in the moat is exti-emly important in iudgrng mature beef. The lacy network of fat in the lean i.-; call ed “marbling” and it is given top priority by government grad ers, packers, and retailers in de termining the grade or brand name that i.s to appear on the carcass. In shopping do look for the grade label a.nd know what it mean.s. PRIME—Prime heef is the very highest grade available. It is pro duced from very young well-fed cattle, has a very liigh degree of finish, indicated by liberal “mar bling” and con.siderable surface fat prime beef is extremely juicy, lender, and flavorful. The lean Is uniform and bright in color, the hones are usually .soft and red with white butlon.s or (’artilages. Much of the prime grade goes to the hotel or restaurant trade. CHOICE — Choice Is the most p.jpular beef grade, and is much more commonly seen on the mar ket than prime. It is usually pre ferred by consumers because it is high enough qualify to broil, but has less fat covering anrl not quite as much “marbling.” Roasts and steaks from the loin are ten der and juicy and may be broiler or c*ooked by other dry heat meth ods. such as pan broiling. The color of the meat ranges from light red to slighll.v dark and mav be slightly two-toned in color. GOOD — Good beef has little fat and lacks the jucines.s and tenderne.ss a.s.sociated with higher grades hut is very satisfactory for most purposi‘.s. Onl.v the loin steaks should b(‘ cooked with dry heat. There are terms applied by some retail stores to suit their particular merchandising practic es. Therefore, when buying beef, you should h*arn to look for the indications of quality. These are: T. A liberal amount of marbling nr streaks of fat throughout the lean portion, probably the nest Indication of tenderness. 2. A covering of firm, creamy white fat. 3. A firm, fine-textured lean of generally uniform bright color. 4. A largo amount of lean in proportion to bone and fat. 5. Red, porous bones. In addition to checking the grade label, you will need to look for the cut to fit your need. Suggestions for Beef Roasts— .Most tender—rib roasts, ribeye roa.sts. Moderately tender —• rump roasts, sirloin tip roasts. Less tender — eye-of-round. blade chuck, shoulder clod. Least tender — heel of round shoulder arm, bri.sket. Suggestions for Beef Steaks— Most tender—rib steaks, tender loin, porterhouse. T-bone, strip loin, club, sirloin steak.s. Moderately tender — blade chuck, round steaks. Least tender — arm chuck, flank steaks. WASHINGTON — The money issues-inflation, spiraling interest rates, government spending and taxes — foreshadowed the Presi-| dent’s pledge for a tight fc‘doral budget for fiscal 1971. As with any budget message' , this one is predicted upon many I assumptions about spending andj revenues. It is based upon a mul titude of estimates about the do- j escalation of the Vietnam War, I and the need for hundreds of fed -' eral programs. These foroca<i.s, are seldom on the mark, because , nearly eighteen months will elapse belore phophesy become.s actuality. ; It is commendable that the budget message emphasize.s the need for economy in government. Accordingly, the new budget pre dicts that the Federal Govern ment will spend $200.8 billion during fiscal 1971, and that the Treasury will receive revenues of $202.1 billion leaying a $1.3 bil lion surplus. This thin balance* is precarious, however, becausi* it assumes that Congress will agree to raise postal rates, increase the maximum wage ba.se for social security, approve a package ol transportation u.ser chargc.s, ex tend current telephone and auto excises, and make substantial . uts in a number of program.s, includ ing defense. At this stage, Congre.ss has y«‘t to review the priorilic's of spi*n I ing, and if past oxirerience is any guide, it will have its own ideas about funding education, health,; crime wntrol, and »*nvironmentaI 1 program.s. , ft should be prjinted (»ui that the new budget is based upon the, concept of “overall federal ex penditures” which inclufics reecipt.s for such .special purpos(‘s as social securit.V, medicare, and highway program.s. Had the ”aci ministrative budget” concept cf several years ago been used, trust 1 fund collections would have bcc n! excluded, and the fiscal 1971 bud-, get would .show a deficit of about $7.3 billion. The $1.3 billion sur-, plus predicted in the new budget is thus based upon the inclusion of $8.6 billion in trust fund re cepits for fiscal 1971. This explains why the givern- ment will again be borrowing in' fiscal 1971 even though i* will have an estimated surplus The national debt is divided into .sr*v oral categories. The surplus will r(*duce the federal debt held by lli(' public to $277.3 billion for fiscal 1971 a.s compared wiih fis cal 1970’s $278.5 billion for sucli (U'bt. On the other hand, hccau.'^e the Federal Government can bor row moni'vs allocated for sp'ikil purpo.‘<e.s and use those fuiuis for oth(‘r puriMxses by pledging its ere .it, the ntiw hu<lget predicts a rise in the gross fedcivil debt (which includes the debt held by fcdei’a) agencies and trust funds) of about $7.8 billion dining the same period. Thus the overall gross f«<lez*’al debt will jump from $371.7 billion for f'iscMi 1970 to $382.5 billion for fiscal 1971. VV’hat all this means is that even a light in^dgct si*nt to Con gress last wi'ck proji'cts a bet ter impri'ssion than tiic' hart f gurcs wa.rant. In my judg ment, it \\ill take* a herculean effort to get our national finan cial housv- in order. How well the prc'sidcnt, the C.>ngr(.*ss. and the p<*o;>l(‘ mc*as- Lire up to ihc hard flecision.s a- head will determine wheihi'r we can stop the ra[jid decline in the \alue of the dollar. Mr. aad Mrs. Ronnie Hawkins, Parkdale Circle, announce the birth of a daughter, W<*dnesday, February 4. K.ngs Mountain hospital. Ml*, and Mrs. Kenneth Lowery, Ridge Stri'et. Stanley, announce the l)irlh of a .son, Friday, Feb ruary G, Kings Mountain hospi tal. j Mr. and Mrs. Chark'.s L. Short, ' E^kim siiect, announee the birth j of a daughter*, Friday, Februai-y ! 6, Kin^s Mountain hospital. : Mr. and Mi*s. Fkigar Moore. CastU' SlHvt, announ('<* the brlh f a son, Satujday, Fehruai*>* 7, Kings Mountain ho.*-piial. Mr. and Mrs. Hilly G. San lers, Churcli .St reel. announ(*e the birth of a ilaugliter, Saturtlay. February 7, Kings Mountain hos pital. M.. and Mi>. Gra<ly Mcrcfliili ! Rrmie 1, York. .S. announ.- i th<' birth (d a son. Saturdav. Fch- , ruary 7. Kin-js .M'Hinlain hospL lal. .Mr. and Mr-< J<‘i*ome Si<‘v<‘ns, Ridge Str*e<‘t. anno..nee tlie bii*th I of a son. Monday. Fi*bruar> 9. I Kings .Mouniain hospital. .Mr. and M Fil'd 'rawi'iy. Deal .Strei'i, anniuinci' tlu* birth o': a daughtc:. Monday, Fi'bru- ai*y 9. Kings Mountain ho.spiial. Licenses Granted To Fund Raisers During the month of January, i license.s were granted by the State Board of Social S<*i*vices to eighth organizations to conduct fund-raising campaigns through public solicitations for the sup port of their program.s. it wa.s an- nouneed by Clifton M. CT*aig. C’om- missioner. All of the organizations have hold licen.sesfor previous .solieita- lion period.s. Thi'si' organizations Hre: A.nerican • Korean Founda tion, In<*.; (’o.)peialive for Ameri can Uelii'f Kv(*ry where, Inc., ((’AUKi; Grandfather-'H >me for Chilren, Inc.; Oxford Orphanage, I Inc.; Prickc'l Tivstament League, (Inc.; Radio Free Europe Fund, ' fnc.; Ri'cording for the Blind. Inc.; inrl United Ccrr'hral Palsy of 1 North Uarolina. Inc. I Th<‘ total amount which these cigiit r»rganizatioits will sei'k froni tlu' public during the year in Ntjrth C'arolina is approximate ly $1,1(>«.322.()(). .Mr. an . Mis Ronald A. V\'at- tersftn, Ch<‘stnut Street, Grover, anrumnce the birth of a son, , Monday, Februaiy 9, K.ngs M'Hintain hospital. ,0 Oo Oi Entile Stock Perfume and Cologne / • Revlon • Faberge - ^ Prince Matchabelli This Week Only 10»0ff Stuffed Timex Ladies & Men's ANIMALS WATCHES BILLFOLDS Ry Riiytop from S8.95 $3.95 to to $2.98 $15.95 $15 Hollingsworth Heart Boxed Candy 79c to $10 V (S The perfect way to say "I love you"—a beautiful Pangburn's Valentine Heart packed with Milk-and- Honey Chocolates. Your sweetheart will appreciate your good taste in choosing Pangburn's . See Us For Hundreds Of Valentine Gift Suggestions Free Delivery Monday-Saturday 9 to 9 KiriGSINOUN THB ^ S rORB PHONE 739-2571 The city'S'^modern store
The Kings Mountain Herald (Kings Mountain, N.C.)
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Feb. 12, 1970, edition 1
13
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