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2 THE CLINTON CHRONICLE Thursday, December 28, 1961 Personal Mention Guests during the week of Mr and Mrs G B Goldsmith were the latter's brother-in-law and sister, the Rev and Mrs R 1- Jerome of Elizabeth City, N. C , their son, Lyle, a student at Pen sacola Junior C ollege Pensacola Fla , their daughter, Miss Jean, Gray Jerome, who attends Greensboro College. Greensboro. N. C Mr and Mrs C. W Hogan and children spent Christmas Day in Aberdeen N C.. tfith her pa rents Mr and Mrs G C Far rell W. C Baldwin and Ronnie Moore are on a trip to Los An geles. California, and other points of interest enroute They will re turn January 1 Here for the holidays with their parents, Mr and Mrs J B Tem pleton are Mr and Mrs Donald Mann and children. Martha and Donald, of Lake Wales. Fla . and Miss Miriam Templeton of Au gusta. Ga Mr and Mrs D H Reynolds, Jr., and son. DeLeon, 3rd, of Washington, Ga , spent Christ mas day with Mrs Reynolds' mother Mrs P B Adair, and other relatives George Mason of Charlotte. N C., is here for the holidays with his sister. Mrs Carrol D Nance and other relatives Vinney Smith, student at Rut gers. New Brunswick N J . ar rived home Friday for two weeks holiday with his parents. Lt Col and Mrs F V Smith Mrs Robert Hoffman ot Rock Hill, has been spending the holi days with her parents, Mr and Mrs J Addison Neighbors Mr Hoffman, who is stationed at Fort Benmng, Ga . joined her here and they leave today for Fort Benmng where she will spend the remainder ot the holi days before resuming her teach ing position in Rock Hill Miss Cornelia Harris of Colum bia. spent the Christmas week end here with her mother .Mrs W W Harris Fuller L Reese Jr . who is lo cated in Richmond, Va , arrived Saturday to spend the holidays with his family here Cecil Davenport. Clemson stu dent, who is at home for the holi days, spent Christmas in Colum bia as a guest of the T I. Elder family Roger Babsons Business Forecast for 1962 1. I am hopeful for 1962; it should be a better year for year. This is favorable to utiUty my readers than 1961. Industrial production will exceed production ^ 1962 ^ that of 1961. .exceed this year’s 100 million 2. There will he neither a nuclear war nor a total dis- tons, but the increase will come armament in 1962. Considerable progress may be made from producing steel in colors. 28. Cement production will be about the same in 1962 as in 1961, but the industry’s capacity to produce is increasing too rapidly in view of the demand. The ce ment manufacturers must give A steel strike! 010 " att * nt i° n colors 29 Expenditures for plant and ly in colors, will be a great boon 23 Thi-. means that with in- equipment in 1962 will increase, to merchandising creased taxes, prices of retail supplemented by large appropria- 5 commodity prices will ac t products will be higher This tions for repairing factories and erratic during 19<;2 Agricultural will be blamed on ’'inflation" of offices in many colors, prices wih be held up by legisla money; but it will be due to in 30 Newsprint production toward a ban on atomic weapons. 2. Some thirty stocks may reach an average of 1000 luring 1962, although these will not necessarily be the thirty Dow-Jones stocks. 4 Retail trade will make new records during 1902 Increased "fringes’ in 1962 newspaper advertising, especial- is possible as their present margin of profit is very small. Billboard adver tising will increase during 1962, due to a new kind of paint. 34. Lumber will do well to hold its own in 1962’ and much of it will be sold colored. Wall-to- wall carpeting will become even more popular, reducing the price of the best hardwood floors. 35. Fewer "scatter rugs” will be sold in 1962. Rug dealers must go to brighter colors, even for ‘‘orientals.” 36. One of the greatest develop ments during 1962 will be the increased use of color in homes, offices, stores, and factories. This should increase both the de. mand for and the price of good paint. 37. Exports will probably In crease during 1962, but the sur plus of trade in favor of the United States is constantly de creasing. 38 President Kennedy is en- < Continued on page 7) 30. Newsprint production de- Uon but mam metals will sell nation of living standards. P^nds upon the number of news- for less 24 The real value of the dollar papers and the amount of adver tising sold. I forecast a decline ure „ - r . will decline slightly during 1962, 6 r b ( ’ on icial cost-o )- k due to the decrease in the produc- in the amount of newsprint sold will rise slight.y i ; 1 tivity of )abor The electronics during 1962, but advertising re el e may e a se a industry will temporarily suffer ceipts may increase through the ngton over how this figure is cal- ^ ^ , f ^ ^ ^ use of color Thls may re . lawed But otherwise the elec- suit in the increased use of coated ciliated or adjusted. The real in crease in the cost-of-living will . , , „ . Ironies industry will increase for paper to better take color print- be due to increased wages de- manded some years to come and hold up i n 8—with a 50% increase in ad' the dollar value Watch polymer vertising rates. The -^ ly . certain sho f t& ^ 8 chemicals and "epoxy” cements. 31. Furniture manufacturers during 1962 will be in land suit- 25 There will be enough money are marking up prices so that Santa Claus Goes Modem An unusual yard decoration at the Furman Bratcher home at 168 Cypress St., Lydia, drew much attention during the holiday season. A huge rocket was used, with Santa Claus in the (apsule at the top. Spotlights were placed for night viewing.—Photo by Dan Yarborough. Social Security yi ESTION May 1 continue to pay sot a a 1 security tax on the income from my business after ! reach retirement age so I can eventually he elgible for benefits’ I understand I need 8 more quar ters ANSW ER As the social secur ity tax is compulsory, regard less of the age of the self-employ ed individual, if his net yearly profits are at least $400 a year, he must report his earnings You. OFFICE SUPPLIES CHRONICLE PUB CO. PHONE K33-0541 of course, will be credited wjth four quarters each year your self-employment income is tax able yUESTION Should 1 check on the amount of self-employment credited to my account and if so, how often should this be done’’ ANSWER Yes You should check the official social security record of self-employment rred ited to your account In doing this you may obtain an address ed [Hist card form at your local social security office for use in requesting this information This should be done at least once every three years, since there is a limit to the period within which cer tain corrections can be made To Close Jan. 1 ©nr Sifankfi N ever an old year ends ... never a new year begins, but that all of us here feel a deep sense of gratitude to our depositors. Without folks like you. there would be no bank like ours. Without your confidence in us. we could not prosper and grow. And so. at the turn of the year especially, we like to put into words the appreciation that we feel at all times—to say. simply but sincerely, "thank you." The Directors, Officers and Staff of M. S. Bailey & Son, Bankers NEED IMONEY Sr* MOORE’S Citizen’s Loan & Finance Co. 104 N. Broad St. Phone K3S-2501 CLEARANCE SALE! STOCK UP NOW AT THESE LOW, LOW PRICES! YOUR PROGRAM FOR YOUR FAMILY ENTERTAINMENT l-ast Day Today — ID*. 3 The ThV Liuie a Fddir Albert. Jane Wyatt, and Brenda Lee Feature: 3:34. 5 28. 7:22. 9 16 CARTOON 25c and 60c Fri.-Sat. Dec. 29-30 TrmIXtknM John Agar, Greta Thycara Monday- T uesday Jan. 1-2 (.real Adwnturr Love Hturv a Frontier Dance Hall Girl and the men in her life. Wednesday - Thursday unuu Jan. 3-4 Th« Rocket Ship That ChalWnoad Outer Space! With DAVID McLEAN — CHARLES BRONSON The Man Who Flew Where No Man Had Ever Been Coming Exodus Babes In Toy land able lor parking places and wa for mor t R ages insured by the young couples will buy furniture tertront property readily access F e( j era ] Housing Administration in the raw and paint same them- ible to building lots also for au , n 19e2 plenty o( money wiU ^ se.ves. tomobile grave yards htar cit- aV ailable for mortgages guaran- 32. There will be some increas- ies which have been zoned tee< j ^ Veterans Administra- es in color TV sales in 1962. In 8 The building of shelters will tion, although this supply varies fact, I think the present TV mar- look silly before the end of 1962 with different sections of the ket is far from being saturated. C ertainly the Federal Govern- country Interest rates on con- 33 First-class postage rates ment will not underwrite the ventional loans not having any will not be increased during 1962. building of private shelters for government guarantees will be a [Hence, more money will be spent individual families little higher Real estate people on direct mail selling This 9 Good real estate must rise in will worry about the public’s should help job printers in 1962, i price as the population increases desire to build, rather than about Elementary mathematics deter- their obtaining mortgage money mine the price of suburban real 26 The kilowatt hours of elec- estate This is notwithstanding tricity produced in 1962 will ex. the claim of the “space compan- eeed the total of any previous ics” which are said to be inter-, —— ested in selling rights on the moon There probably are crazier speculations Retail stores will close Mon- 10 While tin' laud on which day. January 1, but will be open your house now stands should in- H || day the other days of that Crease in value during 1962, the week The Wednesday afternoon building itself depreciates from closing will be resumed on Janu the moment when it is first occu- ary 10 pied A possible exception would be certain very attractive ranch houses painted in color >1 Automobile production will be the uost impo tant statistical indicator dunic; 1962 This ap plies to both the number of auto, mobiles and the r sales value We now hav no reliable figures for the latter 12 V c will gradually approach an avt .i,'e of two ears for every fa ml' The life of automobiles |sho. : radually increase The percentage of automobiles an nually destroyed will decrease in 1962 13 Automobiles and gasoline will be, increasingly, sources for raising money by taxation These means will be extended to include an additional assessment on the manufacturers of automobiles 14 Taxes, as a whole, will con tinue to increase in 1962 for every family Business net taxes, how ever, will decrease in 1962, through the granting of deprecia tion refunds which can be done by Executive order The manu facturer may greatly increase his deductions for past investments and new machinery, plant, and equipment Douglas Dillon feels that such tax reductions will in- j crease the purchase of new equip ment, develop greater efficiency, and result in a net improvement in the employment situation This is good news for 1962 15 Speculation in real estate and securities will be active dur ing 1962; but good children will gradually be recognized as the best investrfient Young people will be married earlier and will want to have large families 16 Public education will grad ually be reorganized during the years ahead School houses will be built as places to "park the kids" while the parents are at work New school houses will be built so as not to be over one story high, with lots of sunshine 17 Owing to a lack of airport facilities and to inadequate equip ment. there will be increasing air plane accidents during 1962 18 With ail the above changes, plus increased public improve ments and longer vacation pe- [riods, families must save some how and cut somewhore 1 think it w iU begin in 1962 with clothing This will gradually become cheaper and more attention will be paid to color 19 The time it approaching when the weaving of cloth will be greatly curtailed Clothes will Ih* made like paper Plastic coats are already on the mar ket These are produced by feed ing the cellophane into a machine which cuts the desired sizes and bonds (not sews) the material into beautifully finished goods of different colors 20 "ill hear more about automation during 1962 But the I cost of building automatic fac tories is so great that the change jis coming slowly Even elec- i Ironies has been uver.emphasiz- ed 2 ' there need be no unemploy ment among steel workers during j 1962 But Government unemploy ment figures wiU remain high. | r oreign competition, due to low ! wages abroad, will be an impor tant factor Women wiU prefer to work in air-conditioned fac tories and have their home pan- tries filled with pre cooked foods. 22 Labor unrest wUl grow in extent and power The Kennedy Administration is friendly to un ion leaders and their demands. There will be denvandg for more SALE Begins Today Johnsons Mens Shop DON'T DELAY! CLASSES BEGIN JANUARY 4, 1962 ENROLL TODAY IN JEFFERSON SCHOOL OF COMMERCE A very limited number of students can still be accepted for our THIRD CLASS which opens in CLINTON Jan. 4, 1962. Both SECRETARIAL and GENERAL BUSINESS courses designed to qualify students for office positions with minimum cost and time. CALL 697-2871 TODAY • Free placement service • lx>caJ financing available • Classes at night do not conflict with work or social activity • High school diploma not required. STYLE MART SUITS Regular Now $45.00 $32.50 $49.95 $35.00 $55.00 $37.50 A complete selection of all the latest styles and patterns. Sizes 35 to 50. Shorts, regulars, longs. STYLE MART SPORT COATS NOW 25. Regular $35.00 A large selection of patterns in tweeds and light weight 100% wools. Sizes 35 to 16. Shorts, regulars, longs. TOP COATS NOW 25. Regular $39.95 These are fine quality coats, tai lored by Style Mart. Buy now and sax e. Sizes 36 to 42. 12 ONLY BIC, REDUCTIONS! DRESS SHOES Regular $8.95 and $9.95 $10.95 and $11.95 $12.95 and $14.95 Now $6.00 $7.00 $8.00 These are broken sizes and dis continued numbers in Edgerton and Jarman. Plenty to select from. In loafers and lace. Sizes 6 to 12. HUBBARD Dress Slacks Regular S 7.95 $ 9.95 $10.95 $12.95 Now $5.95 $6.95 $7.95 $8.95 $14.95 $9.95 $16.95 $11.95 We have a large stock of all the new styles and fabrics. In both Ivey and regular models. Sizes 28 to 48. IVEY LEAGUE CORDUROY PANTS Now $3.95 Regular $5.95. Sizes 28 to 40 BIG SAVINGS! CORDUROY SUITS Regular $24.95 Now $16.95 These are 3-piece Ivey models with reversible vest. Colors: tan, olive and grey. Sizes 36 to 42. Regulars and longs. REDUCED TO GO! Dress Hats Regular Now $6.95 $5.00 $11.95 $8.00 $13.95 $9.00 These are fine quality fur felts in all colors and styles. Sizes 6V« to 7Vi Sport Shirts Regular Now $2.95 $2.00 $3.95 $3.00 $4.95 $3.50 Solids, plaids and fancy patterns. REDUCED TO CLEAR Jantzen SWEATERS Va Off ALL OTHERS AT Vz FVice Plenty to select from. DURING THIS SALE ALL ALTERATIONS AT COST! Pins MEN'S SHOP 111 N. Broad St. AU Sales Cash and Final Phone 833-0603