High Point Enterprise Newspaper Archives Sep 30 1976, Page 27

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High Point Enterprise (Newspaper) - September 30, 1976, High Point, North Carolina Business Mirror High Point Enterprise thursday september 30, 1976 7< median income definition varies by John Cunniff a business analyst new York apr to base any argument on the median income of american families is to take aim at a target that is constantly shifting changing shape and assuming new meanings. It varies from year to year and from place to place. It grows swiftly in one year and barely can be discerned to move at All in others. It May Rise while financial fortunes shrink with the Dollar it is often too casually used As a dividing line Between Rich and poor which it is not. Some families Are comfortable earning the median while others fall deep into debt and distress. The median income now approaching $14,000, appears to be a very useable statistic since it lies in the Middle with half the number of families earning More half less. But it hardly can be called the Happy median families earning near the median Aren t Likely to accept Praise for being there. Pricing popular profitable in Minnesota by . Wilson associated press writer Walker Minn. A Judy Weiss and a companion lugged the Canoe to the lakes of Northern Minnesota loaded it with a pair of 30-Inch Rice flails and a Duck billed pole and shoved off. Four hours later they were Back with aching Muscles dirty clothes blistered hands and 162 pounds of wild Rice later they sold their Harvest for $113 miss Weiss a Secretary and her companion were among the thousands who take canoes and Rice boats into the Lake country late each summer to Harvest wild Rice. They use the same methods the Chippewa indians used centuries ago. It s simple a one Pound flail sweeps the Rice stalks into the boat the second flail knocks the blackish Rice grains out of the stalks and into waiting receptacles. Miss Weiss and the others like her they Call themselves ricers say they Harvest for the Money. But they concede the Call of the Rice is As Strong As the lure of the Dollar a its a necessary part of my income Quot said Roy Oothoudt who closed his outboard motor repair shop to join the Harvest he said he expected to make up to $500 in the two week season Quot the motors can wait until evening he said Quot the Rice can t Minnesota tops All states in wild Rice production turning out about 112 million pounds of finished Rice each year agriculture officials estimate the state furnishes 75 per cent of the wild Rice sold in grocery stores throughout the nation. More than 1.500 persons paid the $4 fee at the Cass county courthouse in Walker for the right to Rice in state controlled Waters this season another 2,400 permits were sold to those who wanted to gather the Grain on the Lech i Ake Indian reservation nearby Quot it s a Damn love hate thing a said Cass county sheriff Ixia is Chalich one of the big Rice buyers in the area Quot it s hard work but there s something about it Quot each afternoon during the Rice season. Chalich is at Home his two stall garage a Rice buying station ricers some under verbal contract drive vans and cars into his driveway sweep leeches and Worms from their rolled up trousers and hang Rice sacks on a scale Chalich pays 70 cents a Pound. Chalich said he will buy 25,000 pounds of Rice Selling it to different retailers he is one of about a dozen buyers in the county chamber of Commerce manager Jeanne Berg said pricing is a necessary part of the county s Economy. Quot in a Small town like this most people have two or three deals going to keep alive and make enough Money Quot she said pricing is part of that Quot either take chances or take what is left by those who do. Since the american tradition is that you Don t Settle for average but seek to Excel and those earning less Aren t always bitter but instead May be ambitious and confident. The typical family supposedly two children 8 and 13, and their parents a lives considerably better on the median income in Austin Tex. Than in new York Chicago los Angeles or Anchorage Alaska. The median income has a different meaning in the City than on the farm. A City family might have to scrimp on the median a farm family might be comfortable because of its other resources. The median income shifts with the years because americans on average tend to improve their financial standing. But the meaning of the median income also shifts because of changes in buying Power if you earned today s median Back in 1950 you would have been Well off but if you earned 1950 s median income today you would be badly off. In that time inflation has Iii Ami i ii i m i. 11 ii i in. Eroded the Dollar to about one third its value. Does being on the Sunnyside of the median make a family Rich if More than 40 million families were asked to reply to that question in unison the answer might be a thunderous no that might vibrate seismographs. Is the median income a definition of class hardly Blue Collar workers sometimes make More than College instructors. High school dropouts often make More than College graduates. If there Are mathematical measurements of Quot class a the median income in t one of them. What is rich0 perhaps a state of mind. The Loans records of Banks the bankruptcy files the divorce courts and other sources attest to Many thousands of a a Rich people who lived beyond their Means if your family income exceeds $30,000 you Are in roughly the upper 5 per cent income bracket but you Are aware that you must deny your family Many of the privileges you thought would be theirs at that level of income a Quot co amp insurance Agency we got it we got it we got it insurance insurance insurance for your Auto aircraft Home a life Bonds Accident health boats a Mobile Homes business commercial Quot Call us before buying or renewing any insurance needs Quot local phones 885-0818 885-851 2 North Carolina Watts line 1-800-672-8163 313 n. Main St. High Point free parking behind High Point Bank amp Trust Parker makes fall clean up a snap a a a Parker scavenger vacuum with a sweeping Width of thirty inches this vacuum Deans indoors garages shops a and outdoors a lawns drives 9 cd. It capacity bag with 54 Zipper opening. 237.50 Traplette Lawn sweeper this pull along Lawn sweeper is built to last. Features include a a dump adjustable sweeping height 36&Quot sweeping Width 9 cubic foot Basket capacity and More. Te-7636 82 95 hitch a sweep Lawn sweeper the handiest of trailing sweepers. Features include Metal Bottom Basket a a dump and adjustable sweeping height. 30&Quot sweeping Width 6 Cut capacity. Hs-7630 125.95 Park Erette Lawn sweeper easy to use thanks to Many exclusive features. Adjustable handle foldaway Stow away storage flexible steel Springs built to lost sweeping Width 25�?�. Basket capacity 4 cd. A. Pa7w5 69.50 see us for All your fall Lawn amp Garden needs rakes trash bags fertilizer Lawn seed Etc. Agricultural Lime bag Lowder Supply co High Point a Thomasville Road Fairfield Plaza. Highway 311 South 25�?� Diagonal All solid state color to console gu702w 100% solid state Xii of Chassis with 31,000 volts of f. Quot Ture Power push Button automatic Fine tuning. Black matrix picture tube for True color. Financing available with approved credit. A a Ujj Vav a xxv 19�?� Diagonal color solid state television fu4457 our regular Low Price 44178 100% solid state 30,000 Volt Chassis. Ria Supe Racca color Black matrix picture tube push Button Fine tuning. Financing available a amp a to savings 19�?� Diagonal Baw solid state portable tr619 our regular Low Price 159.95 100% solid state with simulated Wood Cabinet. Built in uni pole Antenna. Uses Only 54 Watts. Super Sharp picture. In waxy vow Vav a Panasonic 12�?� Diagonal b amp w solid state portable % 3k44 our regular Low Price 98.87 100% solid state split second Start. Includes earphone and Jack for private listening. Simulated Wood Grain co met. Limited quantities. Super Antenna Complete All Channel color Antenna system a i by our regular Low Price 75.89 includes Antenna ult Ron 32-1200, #95-12 Channel master Rotor soft. Mas pole Chimney or Wall mount 50 it. Rotor and Lead wire and stand offs ,\v.% ult Ron m Channer master

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