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/ I, • « The Chronicle Strives To Be A Clean News paper, Complete, Newsy and Reliable Volume UI Clinton, S. C., Thursday, December 13, 1951 If Yon Don’t Read JThe Chronicle You Don’t Get the News Number 50 Refer W. Babson PREDICTIONS FOR 1952 TO APPEAR IN THE CHRONICLE THE CHRONICLE will publish Roger W. Babson’s Business and Financial Outlook for 1952 next week Mr. Babaon’s Outlook will con tain 50 forecasts covering such im portant topics as: general business, commodity prices, taxes, trade, la bor, inflation, farm outlook, stock market, real estate, politics. The Chronicle is calling this fea ture to your attention because we believe that every one of our read ers will find it of inestimable value. Mr. Babson, a pioneer in the field of business and financial statistics, enjoys an unusual record of accura cy in his annual forecasts. His score for 1951 was 86 per cent accurate. On December 28, 1950, he pre dicted: (1) that World War HI would not start during 1951; (2) that the Taft-Hartley law would not be repealed during 1951; (3) that there would be an increase in corporation and personal taxes — including excess profits taxes; (4) that the national income for 1951 would be the highest in history. American business has no more personality than Roger W. Babson, internationally-known bus iness commentator and investment adviser. An outstanding feature of his philosophy has been his life long insistence on the importance of religion in business. Bom in 1875, reared in an old- fashioned atmosphere of hard work 'and hustle on a farm in Gloucester, . Mr. Babson went to the Massachu setts Institute of Technology. Upon graduating in 1898, he turned in- ‘ stinctively to financial and business activities. His exertions, however, under mined his health; he contracted tu berculosis and he was sent West “as good as dead”! It was while he was convalescing from this dread malady that he worked out some of the possibilities and problems of business forecasting. His weekly releases are used by over 450 news papers and his financial reports by 20,000 corporations and estates. His research work is carried on by a large staff of workers. Mr. Babson founded Babson In stitute for Men; and, in cooperation with Mrs. Babson, developed Web ber College for Women — both na tionally known educational institu tions. Here young men and women may concentrate on the fundamen tals of busiess administration. Lat er, he founded Utopia college, lo cated in Eureka, Kansas, the center of the United States. Recently, he has been active in the establish ment of another medium of service to the public, the Gravity Research Foundation, located at New Boston, New Hampshire. Mr. Babson has probably done more than any other man to create among his millions of newspaper readers an interest in simple busi ness problems, and to instill a broader vision in businessmen, en abling them to meet the ups-and- downs of the business cycle. Attend Municipal Association Meet Mayor Joe P. Terry, William Brooks Owens, city clerk and treas urer, and B. R. Austin, superin tendent of the water and light de partment, are attending the Na tion Municipal association meet- jn Washington, D. C.» this week. They were accompanied on the trip by Lynn W. Cooper. County Farmers To Hold Election For Committeemen Community committeemen for the Laurens County Production and Marketing Administration will be elected Friday and Saturday at 9 polling places. Elections have been scheduled by the county PMA Committee at the following places for Friday, December 14: Dials township at Gray Court-Owings school at 2:30 p. m.; Laurens township at the PMA office at 3:0(1 p. m; Sullivan township at Hickory Tavern school at 3:00 p. m.; and the following December 15 elections will be held at the town hall, Cross Hill, for Cross Hill township at 2:00 p. m.; Hunter township at Wadsworth club house, Rt. 3, Clinton, at 2:00 p. m.; Jacks township at Neigh bors’ Hardware Store, Clinton, at 10:00 a. m.; Scuffletown township at Ora school at 2:00 p. m; Water loo township at Center Point school at 2:30 p. m.; and Youngs township at Youngs school at 3:00 p. m. In each township three members •f a community committee, two al ternates and a delegate to the coun ty convention are to be elected. The elected committeemen will take of fice January 1, 1952, and serve throughout the year. Hugh Bonds Workman, of the Hopewell community, chairman of the county PMA committee, said every farmer in each township, who, as owner, tenant, or share cropper is participating in any pro gram administered by the commit tee is eligible to vote in. the elec tions and is urged to do so. Delegates to the county conven tion will meet at the PMA office at Laurens, at 3:30 p. m., Thursday, December 20, 1951, to elect a coun ty committee to serve the PMA for 1952. The programs administered by the committeemen include agricul tural conservation, price support, marketing quotas, acreage allot ments, as well as defense produc tion goals and farm rationing of machinery, etc., Mr. Workman said. Bank of Clinton To Pay Five Per Cent Stockholders Dividend The board of directors of Bank of Clinton in session Tuesday af ternoon declared an annual divi dend of $5.00 per share on its capi tal stock of $100,000 to the 115 stockholders of the institution. The dividend will be paid on Decem ber 20 it was announced, the rate being the same as last year. “We are gratified to pay this 5 per cent dividend to our stockhold ers,” President R. P. Hamer said, “and we, are grateful to our friends and customers for the increasing volume of business we have receiv ed since the bank opened in the late fall three years ago.” •Officers of the bank are: R. P. Hamer, president; T. E. Addison and John T. Young, vice presidents, the latter chairman of the board; Harry McSween, cashier; Leaman D. Jones, assistant cashier. Board of directors: R. P. Hamer, T. E. Addison, John T. Young, W. W. Harris, John W. Finney, Sr., F.. M. Boland, T. H. Copeland, J. P. Prather, H .D. Henry, S. G. Dillard and Harry McSween. Be Wise—Don’t Delay Your Christmas Shopping! Make Clinton Your Shopping Center Wildlife Chapter Holds Joanna Meet, Committees Named FOOD... Is An Important Item With Housewives You. will find helpful Gro cery and Market News in THE CHRONiCLE every week from leading food stores in the city. Read the advertisements reg ularly — they teg you about changing prices each week and where you can supply your needs and buy to advantage. Blakely-Burton Sells Feed More To Athens, Go. Resident Announcement is made that ef fective January 1, the seed and feed department of Blakely-Bur- ton’s Hardware & Seeds, has been sold to H. E. Payne of Athens, Ga., who will take over the manage ment of the business at that time. Mr .Payne and family will move here early in January. In making the announcement, J. Aldine Blakely, who has managed this department for a number of years, said the department has been sold in order that he may join his brother, Ralph R. Blakely, in the operation and management of their Tanglewood farms near the Further announcement is made city. that their hardware store will be continued as Blakely-Burton Hard ware company, under the manage ment of G. A. Burton, a member of the firm, who has headed this de partment since it opened several years ago. Satudoy Opening At Post Office Postmaster W. D. Adair said yes terday that the postoffice will be open all day for the next two Sat urdays, December 15 and 22, for the convenience of the public in handling the heavy Christmas mail. Blue Ridge Scout Council To Meet December 20 The annual meeting of the Blue Ridge Boy Scout CouncQ will be held December 20 at 7:30 in the dining hall at Clemson college, President Mark T. Hawthorne, an nounced yesterday. The annual meeting will be open to all members of the Council ex ecutive board, ipembers of the nine district committees, unit lead ers, members of the unit commit tees and the currently registered Eagle Scouts. The scout leaders may bring their wives. Mr. Hawthorne said yesterday that tickets to the annual meet ing and banquet had been turned over to the field scout executives in the districts and urged those planning to attend to get their tickets as soon as possible. Each district must report the number planning to attend to the Council office by December 17 as no re servations will be taken by the college after that time. No announcement has been made as yet as to details of the program. Officers for the coming year will be elected and Council awards made, however. Scout Executive L. L. Stanley, said yesterday that the Blue Ridge Council would meet its member ship quota by the end of the year. A quota was set at the meeting last year of 5,021 boys. As of the close of November the nine dis tricts of the Blue Ridge Council reported a total of 220 units with a membership of 4,994 boys. The Council began the current year with 4,875 boys. Treasure Hunt Ends December 17 The Treasure Hunt, sponsored by the Merchants association, will continue through December 17, President Van Jones, said yester day. A prize of $15 is offered to the first contestant finding all it ems in the 33 participating win dows, or the person finding the most items if no perfect score is made. Entries are to be filed with the secretary of the Chamber of Commerce. Midget' Teams Enjoy Annual Banquet Thh Midget football teams had their annual banquet at the Presby terian college dining hall Saturday evening with" about 250 football players arid their guests from Clin ton, Laurens, Joanna and Whit mire present. During., the evening each coach of nine different teams introduced the queen of each team and also each member of their squad. Rob ert M. Vance, president of M. S. Bailey & Son, Bankers, presented the Laurens city team the trophy it had won. This is an annual event, the trophy being donated by the bank. The runner-up trophy was presented by Pete Maness of Crutchfield Sporting Goods, of Spartanburg, to the Thornwell or phanage team. Coach W. A. Johnson presented 50 sterling silver footballs to each of the lads who played in the an nual Tom Thumb bowl ganr\e in which the East team was winner. The highlight of the. program was the address by Dode Phillips, head of the state high school physical fitness program. King Dixon of Laurens, acted as toastmaster of the evening. Glee Club Cantoto Sunday Evening The glee club of Clinton high school will present a sacred canta ta in the auditorium at 7:30 Sun day, December 16. The chorus is composed of 55 boys and girls. I The cantata is “Bethlehem,” by J. H. Maunder. It will feature L. G. Nilson at the organ, and Miss Nancy Griffin at the piano. The public is cordially invited to attend the pre-Christmas special ftiusical program. Dr. D. H. McFadden of Joanna, president of the Laurens county chapter of the South Carolina Wildlife Federation, has announced the appointment of the following standing committees for the organ ization: ' Publicity—G. N, Foy, chairman, Allie Lee and Mike Turner. Membership — Kelly Waites, chairmari, Claude Trammell, Ver non Garner and Howard Wells. Projects— Ethbert Abercrombie, chairman, Carroll Johnson and Frank Fowler. Legislative — Laurents, M. T. Motes, Allie Lee, Jimmie Hellams; Clinton, J. C. Thomas, Dr. D. O. Rhame, C*. W. Cooper; Joanna, Kel ly Waites, Vernon Garner, Carl Franzen. At the recent monthly meeting of the chapter at the club rooms of Joanna Cotton Mills, a barbecued chicken supper was served the group of 125 interested sportstnen who were present. Harold H. Steele,'Shme manage ment agent of the U. S. Fish and Wildlife department, spoke on-the conservation of natural resources which, he said, included conserva tion of game and fish. He describ ed game and fish as a crop which needed cultivation the same as wheat, cotton, com and oats. He spoke of hunting and fishing as a nine billion dollar industry that deserved consideration on the part of legislators and the public. After Mr. Steele’s address, which closed with a question period and a demonstration of duck calling, a sound film on forestry protection from fire wrfs shown. President McFadden announced that the next monthly meeting will be held January 7 with the Clinton sub-chapter. Methodist Choir To Present Christmas Cantata Sunday Sunday morning at the 11 o’clock ‘ Of Broad COTTON CROP FAVORABLE TO THE CAROLINAS Final Report Puts This Year's Yield At 15,290,- 000 Bales. Drop In This State's Forecast. 1 Dr. Darby Fulton Speaks Here Sunday Dr. C. Darby Fulton, executive secretary of World Missions, Pres byterian Church, U. S., will occu py the pulpit of the First Pres byterian church Sunday at the regular 11 o’clock morning wor ship hour. He will also speak at the 7:30 evening service at Thom- well Memorial church. Dr. Fultqn is a graduate of Pres byterian college, and is pleasantly known here by many friends and acquaintances. To both of the ser vices he will conduct Sunday the public is cordially invited. SPOKE IN GAFFNEY Dr. John McSween of this city, was the guest speaker last week at the annual ladies night banquet of the Gaffney Kiwanis club. NEW SUBSCRIBERS HONOR ROLL In making up your Santa gift list, include a year’s subscription to THE CHRONICLE for a friend or relative. It will be a reminder of your thoughtfulness for 52 weeks each year. Welcome and thanks to those on our Honor Roll this week: PVT. ROBERT L. THOMAS, Parris Island. JERRY WEST, San Francisco, Calif. J. C. THOMAS, co PM., New York. MRS. RALPH HARBIN, Lydia Mills. MRS. NORMAN SLOAN, MRS. INEZ CLARK. E. E. BARBEE, Clinton. worship "hour the choir Street Methodist church will pre sent a Christmas cantata, “The Child .of Bethlehem,” by Forrest G. Walter. The rendition will be given under the direction of Mrs. James Pitts, organist and choir di rector,, and will be sung by 27 voic es. An unseen choir of men’s voic es will render several Christmas carols. The public is cordially invited. Those taking part in. the cantata will be: Sopranos: Mrs. Ethel Pitts, Mrs. Tan Ray, Mrs. James Haupfear, Misses Joan Ray, Jane Ray, Ida Jean Chaney, Anne Corley, Nancy Pitts, Dorothy Haupfear, Nancy Simmons, Jean Simmons. Altos: Mrs. James Puryear, Mrs. B. B. Ballard, Mrs. Ray Thomas, Miss Lois Blakely, Miss Margaret Lawrence, Miss Jimmie Lee Law rence. Tenors: Ray Thomas, Rhett P. Adair, James Holland, Robert Tin man, Thurston Giles, Roscoe Buz- hardt. Basses: James Puryear, Nick Tin man, James Tinman, Harry Bouk- night. ~ * Cooper To Succeed Crocker At Mills Calvin Cooper has been named athletic and recreation director of Clinton and Lydia Coton Mills as successor to Claude Crocker, re cently resigned. The announcement is made by P. S. Bailey, president of the mills. Cooper has been in training here for some time it is stated and was given the promotion for his good work as director of community ac tivities at the mills. Mr. Cooper has been a member of the Providence school faculty and recreational director at Lydia Mills. Washington, Dec. 19—Cotton tex tile men were relieved today fol lowing the agriculture department's estimate that this, years cotton crop would be, 15,290,000 bales j 481,- 000 b&les. less than last month’s forecast. _ The November estimate of 15,- 771,000 bales sent the market into a fast and broad advance at a time when manufacturers claimed that textile prices were low. There had been talk of a possible wide addi tional advance in cotton prices, but today’s final government prediction —more than a million bales less than the August forecast—found the trade breathing calmly. In an accompanying report, the census bureau said 12,802,634 run ning bales of cotton were ginned prior to December 1 compared with 8,785,265 to the same date last year and 13,975,840 two years ago. These ginning figures were seen as favor able to Carolina’s growers, when compared with last year’s short North Carolina s ginning to De cember 1 were 511,006 bales, com pared with 179,920 to that date last year. The state’s crop this year was estimated at *550,000 bales, with 690,000 acres harvested and a yield of 382 pounds an acre. South Carolina ginnings to De cember 1 were 831,999 bales, com pared with 406,722 bales to the same date last year. This year’s South Carolina crop was estimated at 860,000 bales, with 1,945.000 ac res harvested and a yield of 394 pounds an acre. Almost all the Carolina cotton has already been ginned. There fore the gmning figures are favor able for the Carol in as, because na tionally 12,802,634 bales have been ginned, leaving a high figure of about 2,500,000 to be finned. Yhe afrievtare department said that severe drought in August and early September, following unfa vorable late spring weather, re sulted in heavier adbandonment of cotton than was estimated on Sep tember 1. The sharp drop in the department’s estimate from its ear lier forecast has brought some criti cism from southern lawmakers. They contend that its original Au gust estimate of more than 17.- 000,000 bales kept prices lower than they would have been had the fore cast been more accurate. Estimates are based on bales of 500 pounds gross weight. The in dicated crop this year falls slightly below the government’s production goal of at least 16,000,000 bales. However, the indicated-yield Jis much larger than last year’s very small crop of 10,012,000 bales and considerably larger than the 10- year (1940-49) average of 12,030,- 000 bales. The government has call ed for another big crop next year —again at least 16,000,000 bales. This is to meet heavy demands un der the defense progra mand to supply customers abroad. No estimate of cottonseed pro duction was given today. But the agriculture department said that if the ratio of lint to cottonseed is the same as the average for the last five years, production would be 6,186,000 tons, compared with 4,078,000 nationally last year and 4,900,000 two years ago. ^ Kiwanis 'Ladies Night' Party Here Tonight The annual “ladies night” party of the Kiwanis cjub will be given this evening at 8 o’clock in the col lege dining hall with a large at tendance expected. An interesting program has been arranged for the social event by a special committee appointed by the retiring president, B. C. Preslar. W. C. Baldwin is the newly elected president of the club for the coming year. Couble Returned To States On Destroyer WilmOt Cauble, sonorman, first class, USN, son of Mr. and Mrs. William R. Cauble, of this city, recently returned to the United states aboard the destroyer USS Ulvert M. Moore. Cub Pock Meeing ! & Friday At Hut ^ The Cub Scout Pack will me on Friday evening, December 1 at 7 n’cfbck at the Scout hut. Pa ents are urged by the cubmast to come with the cubs to the pac meeting. ONLY 10 Shopping Days Until Let THE CHRONICLE advertisements help you each week. They are filled with interesitng, helpful suggestions and “Store news” that will save you time and money while stocks are fresh, full, and thrilling for, Santa. . BE WISE— READ THE ADVS.