The Clinton chronicle. (Clinton, S.C.) 1901-current, December 24, 1968, Image 15
>
Hest Wishes
for the
CHRISTMAS SEASON
thanks to the support of friends old and
new, everyday business is a special pleasure.
Best wishes for the holiday season.
WACO'S
Clniton Plaza Shopping: Center
Clinton, S. C.
Government Holds Key To '69
THE CHRONICLE, Clinton, S. C., December 24, 1968—15 since the mtroduction of man
made fiber."
Textiles Have Sales, Profits, Job Advances
CHARLOTTE, N.C., - The na
tion's textile industry made ad
vances in sales, profits and em
ployment in 1968 although a re
cord level of imports showed full
recovery from the decline of 1967,
the American Textile Manufact
urers Institute reported today.
In the basic textile industry’s
annual review and forecast,
Harold W. Whitcomb, chairman of
Fieldcrest Mills and president of
ATMI, reported these highlights
of 1968:
Sales are expected to be about
$21 - billion, an increase of 10
per cent over 1967 and a new re
cord.
Employment averaged984,000,
a gain of 32,500 over 1967. Of
this, about 94,000 are Negroes.
This was an increase of more than
10,000 from 1967.
Capital investment continued to
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Everyone’s singing out in merriment
and joy, announcing to the world that it's
Christmas! And it’s our time to
thank you, customers, for your patronage.
Smith Motor Co.
229 E. Main St. Laurena, S. C.
»• • •••••••«
****************************
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he best of hopes are extended to you for a
warm, happy holiday with friends you hold
near and dear. And it is time to thank you
for your loyal patronage
C. W. Cooper Garage
Marvin Manley
505 E. Main St 833*0330
May your
| holiday be
blessed
with the
sounds
of joy,
daughter.
Heartfelt
thanks for
your
loyalty and
friendly
good
will.
/
V
Mason's GuK Service Station
Sooth Brood Street 83S-2U7
decline from its high point of
$1.1 - billion in 1966 as new
plant and equipment expenditures
are estimated at $820-million.
Average hourly earnings are
expected to be $2.28 at year’s
end, compared with $2.14 in De
cember of 1967.
Profits industry-wide are ex
pected to be slightly higher than
in 1967 but still below the level
of 1966 and the average fur all
manufacturing industries. Tex
tile earnings on sales are es
timated at 3 per cent and earn
ings on stockholders’ equity are
running at a rate of 8.1 per cent.
Textile earnings on sales are
3.4 per cent higher than last year
and earnings on equity, 6.6 per
cent better than in 1967.
Imports are estimated at
$1,646,000,000 compared with ex
ports of $654,000,000 leaving
a textile products trade deficit
of $992,000,000.
Mr. Whitcomb predicted that
sales in 1969 will be greater than
1968 but that profits “will re
main under pressure."
"The outlook for 1969 is some
what clouded by the question of
what the government will do to
establish reasonable import con
trols, uncertainty about con
sumer spending, the possibility
of continuing the surtax on in
come and policies designed to
control inflation," Mr. Whitcomb
said.
“The textile industry in 1968
showed increased activity over
1967 with a rise of 4.5 per cent
in the industrial production in
dex," Mr. Whitcomb said. “Fiber
consumption, gray cloth output
and shipments increased. The
sixth round of pay raises since
1962 brought the average hourly
earnings to $2.28.
SWEETIE PIE
A
rfafUK
Bishop Picked
Dec. 25 For
Christmas
Is Christmas really the date of
Christ’s birth?
Scholars don’t know. For more
than 300 years Christians ob
served His birthday on varying
dates. Around the middle of the
fourth century / .D. Bishop Li-
benus and the Christians of Rome
began to celebrate His birthday
on December 25.
World Book Encyclopedia says
Liberius probably adopted ties
date because people already ob
served it as the Feast of Sa
turn, celebrating the birthday of
the sun. Christians honored
Christ, instead of Saturn, as the
Light of the World.
The Christians of Egypt cele
brated Christmas on January 6,
and many members of the East
ern Orthodox Church still ob
serve this date.
“Your horoscope further states that you need fresh
air and you should run out and play and let your tired
old Dad have some peace and quiet!"
Dear Sally
FIX-IT
Tib
BY SALLY SFAW
DEAR SALLY: My wife and I
have been married only four
years, but already the luster of
marriage is tarnishing. She used
to go out of her way to please
me, to plan little surprises for
me, to dress especially for me,
and to show in so many ways
that she loved me. But now every
thing has changed. She no longer
puts out any effort to make me
happy, half the time she seems
completely oblivious to me, and
our marriage has become dull,
dull, dull. Have you any com
ments to make about this sorry
situation? AT A LOSS.
DEAR AT A LOSS: Well, all
you've told me is YOUR side of
the story. . .what your wife is
no longer doing towards the hap
piness of your marriage. . .no
thing of what YOU might be ne
glecting, too. My suggestion is
that you begin taking over, be
gin showering her with little at
tentions, little surprises, little
things to show her how much you
love her. If you do this, I'll
bet your marriage will pick up!
DEAR SALLY: I'm a young
woman of 26, deeply in love with
a fine young man of 28 who's
just as much in love with me.
My parents, however, are ob
jecting strenuously to my re
lationship with him -- just as
they have done with every other
man I've dated in the past. It
just seems that they can t standthe
idea of losing their “little girl
to any man, and now they have
threatened to disown me, having
nothing whatever to do with me if
I marry this man. I love my
parents very much, and have al
ways up to now listened to them
-- but still and all this man and
I want to share our lives to
gether. Shall I go ahead despite
the risk of a break with my
good parents? TORN.
DEAR TORN: At 26, you are
certainly old enough to know your
own mind and to make your own
decisions about your own life.
If you and this man are really
for each other, then that's all
there is to it Inform your par
ents of your plans to marry him
and, you hope, with their bless-
DEAR SALLY: My mother-in-
law is very much worked up be
cause my son, a very bright boy
of 11, corrected her for a gram
matical error she was guilty of
while talking with me. Instead
of accepting it in good grace aian
being pleased over her grand
son s knowledge of the language,
she was very huffy. How about
this? MRS M.
DEAR MRS. M.: Your son may
be very bright and well up on
his grammar, but his education is
sadly lacking in respect and man
ners toward his elders. Not even
an adult should be guilty of the
rudeness of correcting another's
speech!
DEAR SALLY: I'm a married
woman of 31. My mother died
ten years ago, and my father re
cently married again. He s very
happy about this, and I am, too.
His new wife is a fine woman,
and I love her. The only little
problem is, though, I'm always
uncertain as to how to introduce
her to my friends. She happens
to be only six years older than
I am, and to refer to her as
‘‘my stepmother sounds sort of
incongruous and awkward. Can
you help me? MRS. V.
DEAR MRS. V.: Since she IS
your fathers wife, why not in
troduce her as such. Something
like, “This is my father's wife
-- then add her first name.
Replace a broken window
temporarily with a wire
screen. Cut the screen to
the broken pane’s size, then
dip in fresh white shellac
so the shellac fills all
screen holes. Let dry and
install. The improvised
window will keep out cold
and let light in until re
placed by a permanent
glass pane.
X.a,J a,
Serfs srud*'
/u?ceycffs
Mr. Whitmcomb said that de
spite rising costs of wages and
raw materials, textile prices
have remained relatively
stable." He said that the tex
tile wholesale price index
throughout 1968 averaged 100.0,
compared with the 1957-59 base
of 100. The all-manufacturing
wholesale price index is 108.6.
This price stability is due in
a large measure to the increas
ing efficiency of the textile in
dustry because of the investment
of some $4.5 billion in modern
equipment during the past five
years," Mr. Whitcomb said. Tn
addition to replacing obsolete
equipment, textile mills have
been investing heavily in com
puterized operations, high-speed
looms and spindles and mure fin
ishing equipment to meet con
sumer demands for durable press
and soil-release finishes and
“For the first time in history,
textile imports will exceed three
billion square yards, and the vol
ume is increasing practically
every month. Until this trend is
reversed, the textile industry will
not be able to realize its full
potential in an expanding econo
my.
"Much of the industry’s outlay
for capital expenditures is for
modern new equipment to in
crease our efficiency and help
us compete with low-wage im
ports.”
more colors in basic textile pro
ducts."
Mr. Whitcomb said the popu
larity of converv^^p fabrics is
resultn. 0 ;n tlie first truly re
volutionary change in textiles
“All-cotton and all-wool fab
rics are giving way to blends
and mixtures,* Mr. Whitcomb
said, "Blends of polyesters,
chiefly with cotton, accounted
for less than 500-million yards
of production in 1964, but they
are expected to be some two bil
lion yards in 1968. We look for
this trend to continue for some
time."
h* I M
J
Q>ie&tuujd. and " you ... 7
^or a Christmas sparkling bright, fresh
and merry, we extend our sincere
wishes to you We'll do our best, always
to deserve your valued good will
Sunshine Cleaners
102 W. Florida St.
833-1492
TIN©
Santa's on his way with a sleighful of
merry wishes for you, plus a
hearty "Thank you"
?
Whiteford's Drive-In
801 South Broad Street
833-0193
★★★★★★★★★★★★★★★★★★★★★★★A*
x-
Sr
lerry Christinas
Tt’fl ffm again... % Hraann In hr inllg...
tiir arannn nf warm rntngmrnl uifarrh witlf Irirnhn
anh Innrh nnra. Anh a wnnfcrrful limr fnr ua In rxprraa
nur tljanka fnr gnur Ingaltg anfc rnnaihrratinn. IRrrrg (Ehriatmaa!
It’s that
time of year
when Santa's gifts
are given out. And
when best wishes for a
happy holiday are given out
to one and all. Thanks for your patronage!
Carolina Service Station
L-.
BANK OF CLINTON
★ ★★★★★★★★★★★★★★★★★★★★★★★*.