The Clinton chronicle. (Clinton, S.C.) 1901-current, December 31, 1964, Image 10
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.
Funeral services wfll be com-
by Bov. Milford i.
Bev. J. B
will beta
™ DOdy m m uray runsrat ■ ' v
wifi bo ploeodfe the I WttYpay
45*
TOM POM' ACCENT AREA MB
5.00.. ■
REOULARLY 9.99
100% virgin nylon tufts in modem
texture. Wash by hand, machine ...
non-skid bock. Pink, white, mocha,
goM, rad, purple. Other cofori.
FLUFFY 100% NYLON IAIN Sfi
LY 499
Our own
, Bd eov
. ''Pi,
’Stain Pricin’ Haviland bndsprnad
the look and charm of damask
Rcasjs
5.00
Only the look is expensive I As care-free as a bedspread can be. Machinn
washable, pro-shrunk, lint-fraa and yes, never needs ironing. Elegant damaak
affect achieved in two-tone woaue in daaaic white, pink, Muo, cornflower
blue, willow green. 100% cotton. Doep fringe to match—more drama!
'STAR nar (HSUMREIUHIBS
6.87
RHMJLARLY M9
- the sow way to say cemfortl 10S%
iSMiaamra essliSa iif rlrm—4 *e ^.e— ,
vMftwii wwwii wiffi nvnorvQS or nwy Off
trap warmth la vrinter, ralasNi^F h^Rat in
hand crochet. While, toed. It. blue, camatic
cornflower Mue, ovoesdo; matching nylon binding. 72 x 90* she
kWMIM II IUV Jft
f tiny air Dochels
most, yts Mm
tuny,
’Stale Pride’ electric blanket,
2-year replacement guarantee!
11.77
With tffe price this low, enjoy
electric blanket comfort this winter! 70% rayon, 20% cotton,
lOW Acrffan acrylic—mothproof, mHdowproof. Nylon bind
ing. Snapdtt comers. New electric blanket free if any fac
tory defects within two years. Pink, blue, green or beige.
12J9
OUR OWN ‘STATE PRIDE’
Heavy Gauge Vinyl Window Draperies
Shower Curtain