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I I THE CLINTON CHRONICLE Cttatoa, Thursday, IMS to 1965 made Brtt- ,.Wt art convinced the Labor Govem- itrlet austerity to pound will fall end of 1MB. Until the fake of the pound is resolved, ahon-term Interest rates must be kept Ugh to pre vent foreigners from withdraw- lag their deposits held here. Al- so, domestic demand for credit tp remain strong. will edge of a possible steel shutdown in mid-IMS, we look for a bulge in business volume during the first half of IMS. 27. In a nutshell, business should make new fdl-tinrve highs in early IMS; after midyear, to cultivate ever-larger spreads. This trend is maintaining the de mand for fertile acreage in the farm belt. 36. As IMS begins, prices for agricultural products are gener ally well above their lows for 1964. Unless severe widespread drought intervenes, we look for no more than seasonal strength tapering-off appears likely. How- in agricultural prices during the 196S will set another new year ahead. In a word, we do * iu band priem as bdereCp rates move upward, but there should be no massive decline unless a real credit crisis develops. In making new purchases do well, however, to stick to bonds maturing within five years. Sometime during ever, record. 28. Following the strike inter ruptions of late 1964, personal in come should move smartly ahead to new highs in the first half of 1965 . . . although the rate of advance will slow after midyear. 29. This projected rise in in come will be beneficial to retail trade. And though buying in the second quarter may be dampen ed by heavy income-tax pay ments due Uncle Sam on April 15th as a result of under-with holding during 1964, the last half of the year will find retail trade in certain lines — such as fun not see any near-term important uplifting forces on the farm scene. 37. The situation In industrial commodity prices is somewhat different. With business heading higher in the first half and with labor costs scaling new peaks, industrial commodity prices, with some exceptions, will push upward at least during the com ing six months. 38. Living costs will Also rise to new all-time heights. And since President Johnson is com mitted to getting Medicare pass ed at this session of Congress, among the Khrushchev's ouster marked! only the beginning of the coming power grab in Moscow. The real leader has not yet emerged. 47. Ascendancy of the African and Aslan nations to a position of control in the United Nations will force the United States in 1965 to taka action alone when vital spheres of influence are violated. The UN will become even more of a debating society; and month by month the chances grow dim mer that we will ever again see United Nations troops used for rescue operations such as in Ko rea or the Congo. 48. Following the British cri sis, General de Gaulle will work harder than ever in 1986 to unite Europe as a great third fores between Communism amL the United States. President John son is well aware that the winds of change are Mowing strongly in Western Europe. 1986 could see the beginning of the end for transatlantic union as envisioned by U. S. Administrations during 1986 longer bonds may become and jewelry — spurred by Presi- look for hospital, nursing, and the past two decades. good buys. dent Johnson’s promised excise- doctors’ fees to spurt before the 17. Inflation fears may rise in tax cuts. end of 18 ® - 1966; but we do not look for run- jo. The important automobile Even fed f r * 1 tac 0 ™* away prices next year as produc- industry should poet another ex- taxes already slated to drop a Uva capacity is too large. ceilent sales year in 1966, but as notch next year and with pros it. More wage hikes are cer- the year advances we fed that P«cts excellent that excise taxes tain in 1986. Liberal concessions gains will be harder to come by. ^ cut > rejoicing should be won in the auto and other Indus- 31. The powerful building and restrained by the knowledge that tries in 1964 provide tempting construction activities should loc . al taxes will take another up- targets for the steel unions and prove a strong support to gen- . and so f al security levies secondary labor groups to shoot eral business daring 1886 . . . • • • even at in 1986. even though we foresee no mark- fjter the 89th Congress enacts 19. To the extant — and this ed improvement Some gain in ca " .. could be considerable—that high- dollar volume will be largely due 40 er costa cannot be compensated to higher coats. Apartmsat build- lays wil1 ^ 008 of brightest World-wide credit problems and restrictions on trade cast dark shadows on investment prospects abroad. Many nations which have shown great growth during the past 20 years will be poor risks for new commitments during the year 1986. 50. In conclusion, we recall the statement of a former President of a South American nation: That the U. S. A. prospered so greatly because its founders for by price hikes and greater Mg has been overdone hi efficiency, profit margins will sections and a breathing spell is suffer in 1986. logical. One- and twnlunily 20. Indeed, despite the project- bouses could poet a small fe ed 2% cat in the corporate in- crease, but the Mg market for come tax rate next year, we look new housing is still for only a very slight overall rise distant came to worship God ... as op posed to countries whose settlers spots for 1686. Gains over this went to worship gold. Surely we year could run as nigh as 10%. can hope to prosper in the future 4L Further progress in United only as we recognize that right- States exports will be border to eousness and morality must be achieve in the coming year. Cer- as important as analysis and sta- tainly, if the steel labor outlook tistics as spring boards for new appears bad by mid-spring, business venture during 1986 and in corporate profits . . . 32. Overextension of audit and heavy imports of foreign steel in all the years ahead, to compare with this year’s huge ouerambitious operators have mMy ^ resorted to by U.S. busi- ■ put the real estate marks! in nessmen. This would result in a Crass Hfl News MBS. HABOLD AUSTIN. 60% fp—pm me real estate manat in a U. Labor disputes will be nu- bind in many large metropolitan merous in 1186. Mmy areas. We strongly advise can- pacts can, and will, be reopened b* m *king new commit tor wage adjustments during the especially in commercial coming year. real estate where a thin equity 22. Employment will continue favorable in 1986, but **• However, even if scarcer to rolls will be moot noticeable than ia recent years, there will in fields such as teaching, per- • tul be opportunities for selective sonal services, and government purchases of real estate In 1686. ... . — i-, r work. E «ch area is a law unto itself. focrease the danger of a holmn Bowers 33. Little real progress will bo your locality and study the lnflati ° nary blow-off. Con- Mrs c s PinaOD ^ apparent in the drive to reduce direction of growth trends. Farm dition8 remind us of the late unemployment. We an only now bought In the path of ex- when the Federal Reserve Just “touching off” the Mg new Pending suburbs may be a bet- b"* **1* credit too cheap and explosion in growth of the labor ^ long-term buy in ItM than Pfentifol to support the British force. stocks. pound. Hence the eventual col- 24. Due to rising labor easts, 34. Nonfarm real estate fore- l*P*c came from an even more look for business to torn even closures will continue in an up- dangerous level, more to and labor- trend during 1686. This should 43 1* unlikely that the Uni- saving devices in 1686. Pres- be particularly true in regions *** Sutes will raise the price of suras on profit margins will spur nrhare overbuilding of specula- ^d during 1686. However, we coat-cutting and efforts to ratea tire homes has taken place and may well see the calling of a productivity. where cutbacks in defense spend- monetary conference to deal 25. Because of rising hung cause local distfeM* with the weakened British finan- and overwhelming 35. Productive fans fend that situation and to attempt a further Increase in failures will lends itself to mechanisation will freater liquidity for world cur- be seen la 1666. not decline in price in 1666. Bis- rcneies generally. 26. As a result of antomoMlo tag use of > farm equipmant 44. As far as gold stocks are _ nH .. .. strikes in late 1694 and the tear makes It necessary for operators concerned, they are already high and ch rr!f 11 ’ Jr*** Mary Atekt — _ «n ms mnr sary operator. ^ ^ be held in ‘? n “ d ^ Brend * Sharpe, all as insurance against the long- w Columbia, hav been visiting range trend toward higher world I?' Mrs J E Sharpe and prices for g^ld. Mrs. J. H. Atchison. 45. The silver coinage situation and b®**. H. K. Boyce, Sr., will become more acute as the ,pent Christmas Day with thair year progresses. The 89th Coo- *°? fa mily in Whitmire, gross will be forced to consider “*’• 3 ® rr Ptason via- a new silver coinage act If it is **** relatives in Columbia and not passed in 1966, it will be Ppo *P trtty during the holidays, shortly thereafter. James Chapman and dsugb- 46. Returning to the all-import- t * r * 01 Asheville, N. C., were Tuesday guests of Mr. and Mrs. W. M. Leaman. narrowing of our favorable trade balance and have a further ad verse Impact on the U. S. inter national balance of payments. 42. Although we are not fore- — SSTmlTf ^...r W. and Mr*. Joseph H. Shealy iw, we oo feel that attempts had as guests Sunday their sister Z™? 7 e “ y 10 th S5 0U ^ Md nephews fronTlittle Moun- J^f^de uin: Mrs. Talitha C. Shealy,-J. trend toward tighter credit, will ^ Rowers and family and spending the holidays with her sister end brother-in-law, Mr. and Mrs. D. C. Currie at Harieyville. Holiday guests of Mr. and Mrs. J. T. Hollingsworth includ ed their children and grandchil dren: Mr. and Mrs. W. L. Larri- more and children of Heming way; Mr. and Mrs. S. J. Verones and sons of Aikan, and Mr. Md Mrs. J. H. Rogers of Columbia. Mr. and Mrs. Marion Boyce and family of Abbeville, visited Mrs. R. A. Boyce •«««* family dar ing the Christmas —vfo" Mr. and Mrs. W. R. Eleaser TURKEY SHOOT EVERY FRIDAY & SATURDAY 4:00 p. m. to UhOO p. m. STILL OR MOVING TARGETS BILLY BLACK Whitmire Road (Near Bledsoe’s Store) ant foreign very much wrapped up in the future of the Free World — we forecast further instability Not a penny lost Since 1034, when Congress established the Federal Savings and Loan Insurance Corporation, no one has ever lost a penny in insured savings accounts In any of America’s F.S.L.LC.-lnsured Savings and Loan Associations. We are F.S.L.LC.- lnsured, and we offer excellent earnings, tool CITIZENS SAVINtS l LOAN CMaa. 8. C. CURRENT RATE OF DIVIDEND 4% FEDERAL ASSOCIATION @ Mr. end Mrs. M. C. Pinson have returned home after spend ing Christmas with Mr. and Mrs. W. O. Brodie and children In *** i ' m Tbs wosdsrful worid sf Stats Pride boms fashions at vary special savings! Tbs mars you buy, tbs nan yos save I Ik l^i WANT in CHARGE IT! ' CLOSED FRIDAY — OPEN ALL DAY SATURDAY fe Pride sheet J y a os sale right iwwl State Pride BLEACHED MUSLIN 72 x 108 81 X 99 Twta Fitted 81 x 108 Double Fitted 1.44 1.64 State Pride BLEACHED PERCALE 72x 108 ..... Twin Fitted . 81 x 108 .... Double Fitted 1.77 1.97 • 42x38 PILLOW CASES 2 far t7« e 42jt36 PILLOW CASES 1 2 for 74c ALSO SPRINGMAID SHEETS AND PILLOW CASES IN THE ABOVE SIZES /a S. 'STATE PRIDF JUMBO SIZE COLOR-MATCH BATH TOWELS 4* REGULARLY 59* EACH bond towels, 8 for $1 washcloths, 4 for 1,00 6#st-setling towels year-round-now you save even morel Stripes, harmonizing colors! Famous Cannon quality! You get thirsty loops, sturdy woven selvages. Prices so sensible during White Sole, it pays to slock up. Stripes: pink, blue, yelkm, brown, green. SoRd colors: white, pink, blue, yetow, brown, fern green, deep blue er | shocking pink. Shop, compare—hard to beat this wonderful buy! Mr. and Mrs. Ansel Satterfield and family of Slmpeonvllle, vis ited relatives here recently. PERSONAL MENTION George Beaty, who is station, ad at the U. S. Naval Hospital in PorUmouth, Ye., !e visiting hU parents, Mr. and Mrs. O. F. Beaty. Miss Pag Chisholm, who la attending the University of Virginia in CharlotteevUle, It' home for the holidays with her parents, Mr. and Mrs. W. Q. Chisholm. Also a guest of the. Chisholms during the waa Kenton Roy Holden of Towaon, Md. Mr. and Mrs. C. ! Wade Mob ley and children, Larry and Julia, sf Troy, N. C., spent the Christmas holidays with her parents. Dr. and Mrs. George C. Beiltagrath. 'STATE PRIDE' DIAMOND QUILT MATTRESS PADS Smooth At, durdy stitching. Mode to protect your fine I from dust, accidents. Your costly srottresses this kind of core. AN pods ora Sanforized; a—e,a- | 9J pnniimOyw I /• • Regularly SMI bloodied cotton Modi Twin she, < 5.77 4.77 5.77 4.77 ItM*!* Danas 2.99 pr bends 3.99 Mien pod and cover led, twin fitted S.99 led, double fitted 4.99 1 3.99 4.99 DAOKM’OB FOAM-FILLED PtLOWS 5.77 for REGULARLY 3.99 EACH WrVi wWfl 3VOW * * IOfD» imoMedfoom Docroiv poly* ^ m ^ ai-t- K nrm irnpwa TVCmp virw S, ^ — {nr iI ^<trI r — --Bf— — ——— INWWi vw us wQ wVyw* w»TiOICw TOF Oliwi^jF Sw 11 Wl ma • • Lester C. Harris Lester Coleman Harris, 42, of 227 Locust St., died early Mom- day morning of a gunshot wound. A resident of the Lydia Mill community many years, he wee a son of Mrs. Eddie Edwards Harris and the late Mack A. Herris. Ha was employed by Lydia Mill. Surviving in addttiau to Me mother are his wife, Mrs. Jun- nita Darnel Harris; a daughter, Lena Maxine Harris of the home; three toothers, Rax ami Festus Harris of Lydia Mill «sd Homer Sharpe of Lake Ctty. Tenn.; and a slater, Mrs. Rosn- lee Satterfield of Lydia MID. 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