Articles in regional publications that pertain to a wide range of North Carolina-related topics.
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Record #:
31017
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In comparison to the previous fiscal years from 1956 to the present, total costs for general instructional services increased over $12 million. Salaries for teachers, principles, and supervisors totaled over $141 million for the year
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Record #:
31018
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The United States' citizens are now carrying the highest tax burdens in the country's history. In 1960, all local governments spent $29 billion. State budgets spent 25%, or $8 billion on education, while the average four person household spends about $3700 of its annual $6000 income for goods and services.
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Record #:
31019
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With the sole purpose of the high-volume production of miniature precision rotary components, Kearfott's Asheville plant is a unique avionic industrial plant containing 86000 square feet. The plant is designed with the view toward the most efficient production flow, including modern equipment, and 850 carefully screen employees.
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Record #:
31020
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The Federal public debt increased to over $284.9 billion in 1961. For North Carolina, the public debt amounted to over $253 million.
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Record #:
31022
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The North Carolina General Fund for 1961-1963 will begin with a credit balance of $53,088,469, three times the credit balance the current biennium started with. With anticipated revenue increases of over $19 million, appropriation recommendations call for the expenditure of the entire credit balance.
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Record #:
31023
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North Carolina has varied waterways for pleasure boating, sightseeing and fishing in addition to channels and protected harbors for water commerce. The state has 11 major river basins or watersheds, a chain of man-made and natural lakes extending form the Great Smoky Mountains to the sea, and a coast broken by inlets and broad sounds and river mouths.
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Record #:
31024
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Returning in all its flora glory, the Azalea Festival in Wilmington, North Carolina will feature gardens, parades, celebrities and entertainment for the 14th year. Along with the multi-hued blooms, the Festival Committee has added some family-fun events to their list of activities.
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Record #:
31027
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Comparisons between 1960 and 1961 state collections after refunds and provisions for distribution to localities show a 19.44% increase in state taxes. Revenue came from inheritance, income, sales, and gasoline taxes mostly.
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Record #:
31028
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On Columbus Day--October 12, 1961--President John F. Kennedy will officially open the North Carolina Trade Fair at the Coliseum and Merchandise Mart in Charlotte, North Carolina. The first state-sponsored trade fair in America, the trade fair is expected to draw more than 300,000 buyers and visitors from all over the country to the over 1000 exhibits.
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Record #:
31029
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The 1961 North Carolina General Assembly made major changes to the sales and use tax laws. Many transactions that are now exempt from retail sales and/or use taxes are now taxable at a rate of 3 percent or 1 percent such as the sale of fuels to farmers, horses or mules, fuels to commercial laundries, and farm machines.
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Record #:
31030
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As another example of diversified industry in North Carolina, recent crowds celebrated the opening of the new expansion of the Yale and Towne plant in Monroe, North Carolina. The plant is the largest in the world in manufacturing door closing apparatus.
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Record #:
31031
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New congressional districts were set up by the 1961 North Carolina General Assembly. Several counties, including Bertie, Franklin, Vance, Harnett, Davidson, Wilkes, Scotland, Lincoln, Mecklenburg, Davie, Yadkin, and the majority of the southwestern counties were transferred to new congressional districts.
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Record #:
31033
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The 1961 North Carolina General Assembly appropriated $427 million for the public school year, $15.5 million for vocational education, and over $5 million for the purchase of text books, and $5 million for new school buses. A new classroom teacher salary scale ranges from $3,607.50 to $5,605.50, making a 22.4 percent increase in salaries.
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Record #:
31035
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Total valuation for real, personal, and excess property amounted to over $8 billion in North Carolina for 1960. This is more than a half-billion dollars above 1959. The combination of increased value and higher tax rates accounted for the additional millions.
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Record #:
31036
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In June, the North Carolina Consumer Finance Act was ratified, providing for loans up to $600. Loans are set out in dollar amounts rather than interest rates and installment payments are not to exceed the equivalent of $20 per every $100 borrowed.
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