The Clinton chronicle. (Clinton, S.C.) 1901-current, December 28, 1961, Image 2
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