The Clinton chronicle. (Clinton, S.C.) 1901-current, November 12, 1953, Image 11
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Thursday^ November 12, 1953
THE CLINTON CHRONICLE
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Crop Outlook Is For
Large Production
By ROGER W. BABSON
New Boston, N. H., Nov. 5—Early
last summer I discussed the 1953
crop outlook, which then was more
or less tentative. Now the over
all situation is more clearly de
fined. Despite the vagaries of
summer and early fall, the outlook
is for the third largest total pro
duction of record.
Nature Already Has Been Kind
Most of my earlier forecasts have
been well borne out. For instance,
another billion-bushel-plus wheat
crop has been har
vested, with much
to spare. Total
supplies for the
1953 - 54 season
w o u 1 u d in fact,
prove burdensome
were it not for the
Government s u p-
port price of $2.21
a bushel (national
average at the
JUf«r W. BtbMa far m). Wheat
farmers are taking good advantage
of the loan, which means that prices
may average somewhat higher. The
gimmick, however, is this: An offic
ial curb on 1954 acreage! The pip
er mut be paid!
Below-average crops of barley,
oats, and rye have been harvest
ed. Nevertheless, supplies of these
grains should suffice for indicated
requirements. Higher prices should
rule over the longer term. The
flaxseed crop of 39,011,000 bushels
is slightly above the 10-year aver
age and will prove fully adequate.
Although drought sharply reduced
soybean prospects, the indicated U.
S. outturn of 259,483,000 bushels is
18 per cent above the 10-year aver
age. Including record farm stocks,
total supplies will easily suffice for
1953-54 requirements. Yet both
flaxseed and soybean prices may
work a little higher as the season
advances.
A Glance at Fall Crop Prospects
Last summer’s long, hot dry spell
cut the nation’s com prospects, but
not enough to cause real concern.
The indicated crop of around 3,-
200,000,000 bushels is slightly under
the 1952 outturn, but still 5 per
ent above the 10-year average. It
.should suffice, since the carryover
was of average size. The support
price of $L60 a bushel (national
average) will ease marketing pres
sure. Later in the season, the price
support program and the prevail
ing favorable feeding ratio may
result in somewhat higher average
prices.
The edible dry bean crop this
year probably will be in the vicin
ity of 17,730,000 bags (100 pounds
each), only slightly under the 10-
year average, and will easily go
around. Prices are under seasonal
pressure, but should recover over
the longer term. The new U. S.
potato crop of close to 374,000,000
bushels is about 9 per cent below
the 10-year average, but well above
normal domestic consumption. My
June forecast of a big U. S. rice
crop is being well borne out; in
fact, it will set a record high. Cur
rent price weakness in both pota
toes and rice should be followed by
some recovery over the longer
term.
Cotton Crop
My earlier cotton forecast that a
large crop would be planted, de
spite the Government’s request for
a charp cut, is being fully realized.
The indicated yield s of 15,596,000
bales compares with the«'194r2-1951
average of 12,215,000 bales? In
cluding the August 1 carryover of
5,500,000 bales, total supplies for
the 1953-1954 season wlil be around
21,100,000 bales, or about 10,000,000
bales above indicated domestic con
sumption and exports. A lot of cot
ton planters will demand Govern
ment loans this season. ‘ Cotton
farmers will pay for this splurge by
a sharp cut in the 1954 national
cottdn acreage allotment.
Farm Price Outlook
Although I expect total cash re
ceipts from farm marketing to de
cline moderately in 1954, they still
will be sizeable. Farmers on the
whole should continue to prosper.
However, certain sections, like
Kansas, the dairy states and parts
of the Southwest, are suffering.
The problems of farm surpluses and
a workable and fair price support
program remain unsettled. Hard
work, cost cutting, promotional
programs, and a putting of the na
tional interest above that of any
one group will speed the solution.
(These opinions of Roger W. Bab-
pon are published in this paper ev
ery Thursday.)
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State Leads Nation
In New Industries,
Workman Boasts
c ^
Aiken, Nov. 9—South Carolina
leads the nation in the number eft.
new industries locating in the state
since 1945.
That statement was made last
week by W. D. Workman, special
correspondent for The News and
Courier, at a meeting of the Town
and Country club here. His sub
ject was “South Carolina.”
He said that 1,000 new industries
-t
Paare Three
have located here since 1945. These
industries have brought to the state |
one-half billion dollars, he stated, j
Of this, 182 million were reported
spent in improvements in the state.
Mr. Workman traced the growth
of the state from the reconstruc- 1
tion days following the War Be-,
tween the States until the present!
day. He recounted the fact that
after the war, planters were left
with no labor to tend their land,
the Negroes and those who were
not land owners had only land to
offer and from this emerged the
sharecropper system. Later, he
said, there began an influx of peo
ple to the cities seeking^work. In
the last few years there has been
a movement back to urban living
so that today about one-third of
the people live in cities or towns,
one-th;rd in the country and the
other one-third are rural dwellers
who work in towns or cities.
The speaker also pointed out that
South Carolina surpassed her sis
ter state, North Carolina, in per
capita income. South Carolina's per
capita income today is $1099 while
that of North Carolina is $1049.
The state is also in the top 10
states of the nation in diversifica
tion of farming and leads the na-
i tion in the number of p»i
; grown and shipped
, Mr. Workman told the v. men
that South Carolina is spending $96
million for educational purpo-iei, 76
J per cent of which is for Negro
schools. He said that this is beiac
done in an effort to provide equal
facilities for Negro and white pu
pils with the hopes that by so do
ing segregation would not be abol
ished.
He said, however, there Is tibo
danger that South Carolina with
other states is facing the prot
of mixed public schools or
schools.
NOTICE FOR PAYMENT OF
1953 CITY TAXES
Notice is hereby given that Town Taxes for the Town
of Clinton are due and collectible from October 15th to
December 31st for the year 1953. The tax books are now-
open at the office of the Town Clerk and Treasurer and
will remain open up to and through December 31.
A penalty of ten (10%) ,shall be added if said taxes
are not paid on or before January 1, 1954.
The levy for current fiscal year is 53 mills; 15 mills
for current operating expenses, and 38 mills for interest
and sinking funds on various bond issues outstanding.
W. B. OWENS, City Clerk and Treasurer
Opportunities
Unlimited . . .
They are keen competitors and good sports, these
freckle-faced boys in the uniforms of their local YMCA
teams. For right living, together with good sportsman
ship, is one of the foundations of the Young Men’s
Christian Association—a great organization for Ameri-
ca’| boys.
The future awaits our youngsters. Will your chil
dren have sufficient funds to pursue the careers of their
choice? Liberty Life’s low-cost "Career Choice’’ plans
can help you arrange, in advance, for your children’s
future financial security.
Liberty Life
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Thornwell Midget Team Champions of County Football League
Front row, left to right: Bobby George, Bobby Epps, Gordon Timmons. Second row: Marvin Glasnre. Jerry Sweet, Jimmy Morris, Gene L
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na, Benji Timmons. Robert Holley William Archie, Bill George, J. L. Dockins. Fourth row: Jerry Bartenfield, Eugene Humphries, Roy W’right
Vant, J. D. Dickerson. Jackie Kerr, Leonard Lee.
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