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t ~*T ^; v • ^ ts f • > I '> (El|rontrlp PUBLISHED EVERY THURSDAY BY . CHRONICLE PUBLISHING CO. WILSON W. HARRIS Editor and Publisher Entered at The Clinton Post Office >a matter of the Second Class. Terms of Subscription: One year $1.50 Six months 75 Three months 50 Payable in advance. The Chronicle e^eks the co-opera tion of its subscribers and readers— the publishers will at all times appre ciate wise suggestions and kindlj ad vice. The Chronicle is not responsible for any unsolicited manuscript which is not plainly marked with the name and address of the sender and accompanied by stamps for return. _ ,, we know that he will make good in this position. lie is a loyal Clin tonian. a puhlic-spirited citizen, a man of the right sort of ideas and holds the confidence of the com munity. He has a pretty thorough understanding of what the town needs and we know that this organ ization will continue to grow -and do a great deal of good for Clin- N’o. 8041 REPORT OF THE.CONDITION OF THE First National Bank At Clinton, in the State of S. C., at the close of business on June. 30th 1019. RESOURCES: • ' Loans and discounts . t $430,327.03 Notes and bills rediscounted 52.590.$.') ton under his leadership. PAY LOWER PRICE FOR FERTILIZER Hake adl remittances to Clinton, S. C. CLINTON, S. C, JULY 10, 1919 8 PAGES Department of Agriculture Makes An nouncement. Washington, July 2.—The United States department of agriculture to day announced that farmers of the Southern States would obtain their of 1919 at an average price of 30 per mixed fertilizers for the fall season cent, lower than the price which pre vailed for the spring season of this year. This announcement for the South ern States follows, a similar one made for those of the North. It follows con- lataacaa -.wlih.-Jjidiyldual. turers.which placed the department in a position to state that the basis price of mixd frtiizers f. o. b. the South Overdrafts unsecured : U. S. Bonds deposited to secureVireiilation (par value) $.)0.000.00 U. S. Bonds and certificates of indebtedness pledgeil as collateral for State or other deposits or bills payable. 0,000.00 Premium oii 0. ^. ImndsT^. . ..... ....... 377,730.78 .. 2,847.52 56.000.000 Liberty Loan Bduds 3‘ 1.2, 4, and 4 1-2 per et, unpledged 7,700.00 Lil)erty Loan Bonds pledged to seoure State or other deposits or bills payaMe > 61.800.d0 Y * Stock of Federal Reserve bank (50 per cent of subscription) Furniture and fixtures.., • Lawful Reserve with Federal Reserve bank Cash in vault and net amounts due from national banks.'. Net amounts due from banks and bankers ^ Total of Items 65,573.30 Cheeks on banks located outside of city or town as reporting bank Redemption fund with U. S. treasurer 69.500.00 2,250.00 1,000.00 17,266.62 62,940.15 2,633.15 467.42 2,500.00 / Total v LIABILITIES: Capital stock i>aid in .* Surplus fund. .77. '.......I Undivided profits 1,868.64 Less current expenses, interest and taxes paid Ynleresf amrdrscoTiflT cmTerfed or cmJtted-ftr advance ormattir - $595,135.64 $50,000.00 35,000.00 1,868.64 Yes, there are plenty of follows who could teach a bettor stfliool than those who teach, preaeh a bet ter sermon than those who preach, run a hotter business and publish a better paper. Yes. the woods are full of them, but they neithei teach, preach, or run a better bus iness or publish a better paper. They are like the —they toil not, snin. lillies in the neld neither do thev AYc had the pleasure last week of attending the annual meeting of the South Carolina Press Associa tion held in Greenville, and greatly enjoyed the little outing. A very interesting and helpful program was presented and the attendance was the largest in years. But what we started out to mention was the hospitable in an nor in v which the association was entertained by the city of Greenville. The fellows were given a big whole-soul wel come on all sides, a delightful luncheon by the Rotary’ Club, an automobile trip to Hendersonville* over the eourrty’s famous roads, and an elegant “fried chicken” dinner at thp Kentucky Home. The sessions eloNed Wednesday evening with an elaborate banquet and an able address by Dr. W. J. Me- Glothlin, the new president of Fur man University. The city gave the newspaper follows the most royal entertainment possible and splendidly maintained her repula-< tion as a live, wide-awake and hos pitable city. Up there they* call themselves “The Pearl of the Piedmont’’ and they have ja>t cause for so doing. For Greenville is’a “Pearl”, and omitting Clin ton, we are ready to admit it’s the best town in the State. Atlantic and Gulf ports of Baltimore, Norfolk, Wilmington, Charleston, Sa vannah, Jacksonvile, Pensacola and Mobile will be the same as the f. 6. b. prices Batimora and Philadelphia which established the prices for the Northern States. These prices are based upon deliv ery in 200 pound bags. If in 164 pound bags 25 cents per ton will be added; if in 125 pound bags 50 cents per ton; and if in 100 pound bags 75 cents per ton. The prices are to wholesale dealers and to farmers or dering 30 tons or over. In general, flat delivered prices pre vail in Virginia, North Carolina, South Carollfia, Georgia, Alabama, Missis sippi. Louisiana east of the Mississippi River, and Florida west of t^e Apa lachicola River, for which a flat rate of $2.50 per ton will be added to the port prices. In all these States ex cept Mississippi and Louisiana when the actual freight is used. In most cases a discount of 50 cents per ton or f. o. b. factory price of $2 per ton is allowed at interior factory points where delivery is made at the waresouses. For Richmond and Alex andria prices add_75 per ton to port prices. "When deliveries are made in less than car load lots the difference in freight is also to be added. In cases where farmers buy in less than 30 ton lots and buy through dealers the deal er’s prices for handling the goods (usually $2 per ton) is to be added. These prices Include a 5 per cent, discount of paid in cash on December 1, and usually an additional one half per cent is granted for each full month when cash settlement Is made before that da^e. Statement of the Condition of M. S. Bailey & Son, Bankers I.<ooated at Clinton. S. C., at the close of business June 30, 1919. RESOURCES Loans and Discounts $363,509.33 Overdrafts 24.244.12 Bonds and Stocks Owned by the Bank 1.600.00 ()ther Real Estate ()wned 328.82 Due from Banks and . ^ * Bankers 38.826.38 j Currency 3.216.00 Gold 5.00 Total THE RETIRING PRESIDENT. At the monthly meeting of the Commercial Club held Tuesday ev ening, the resignation of President Geo. M. Wright was accepted, though with extreme regret, j Undivided Profits, less Wright will soon move his family! Current Expenses and ity and not earned Amount reserved for taxes accrued. Amount reserved for all,interest accrued. . Circulating notes outstanding Net amounts due to national hanks CashiePs checksum own bank outstanding Total of Items.. 7,413.61 Individual deposits subject to check ! Total demand deposits subject to reserve $187,405.67 Certificates of deposit (other than for money borrowed) Total of timfe deposits subject to reserve 139,739.92 V. S. Bonds borrowed, including Liberty Loan and certificates of indebtedness without collateral furnished 39,500.00 Bills payable, other than frith Federal Reserve bank, including all obligations representing money borrowed. Bills payable with Federal Reserve Bank 5,500.00 3.207.80 3.500.00 50,000.00 2,415.78 4.997.83 187.405.61 139,739.92 39.500.00 10.000.00 62,000,00 $595,135.64 52,596.85 .Total : ** *V Liabilities for rediscounts, including those with Federal Reserve bank State of South Carolina, County of Laurens, ss: 0 I, Geo Copeland, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. Geo. W. Copeland, Cashier. Subscribed and sworn to before me this 8th day of July. 1919 L. D. McCrary Notary Public, Correct attest:—L. H. Davidson, B. H. Boyd, J. M. Pitts; Directors. Statement of the Condition of the v Commercial Bank Located at Clinton, S. C., at the close RESOURCES Loans and Discounts $308,369.86 Overdrafts ' 4,657.61 Liberty Bonds ' 11,75T).00 Bonds and*Stocks owned by the bank — '2,000.00 Furniture and Fixtures 2,994.(50 Due from Banks and Bank- J. B. FRONTIS JEWELER CLINTON, S. C. The custom of wearing only White Shoes during warm weather is pleas ant to follow, since it is founded on comfort and good taste. We have a delightful array of styles in White Canyas Oxfords, Pumps and Shoes. Smartly cut and nicely finished.- Mili- tary and Louis heels. Price from $1.50 to $5.00 Ask to see our line of Keds—in Pumps, Oxfords and Tennis Shoes. Price from 75 cents to $1.75 the pair. “BEST THING’S TO WEAR” B. I KING PHONE 45 4 i era Currency Gpld Silver and Other Coin- Checks and Cash Items Other Resources 16,622.99 4,483.00 37.50 553.01 717.77 27.64 Total $352,213.38 LIABILITIES Silver & Other Minor Coin Checks and Cash Items 1,869.58 109.37 $433,708.60 LIABILITIES Capital Stock Paid In . $20,201.40 to Laurens on account of his new business connections and it was for this reason that his resignation has befii handed in and 'accepted. In the departure of Mr. Wright from Clinton and from the presi dency of the Commercial Club, the city is losing one of its most valu able and public-spirited citizens and one whose ability has won him recognition not only hero at home but elsewhere. As president of the Commercial Club he has faithfully and untiringly worked for its suc cess and is held in the highest es teem by all the members. As he goes elsewhere the best wishes of his wide circle of friends go with him. Taxes Paid » 12,334.18 Due to Banks and Bankers None Individual Deposits sub ject to Check 289,890.59 Time Certificates of Deposit 108,481.19 Cashier’s Checks 2,801.24 ;■ 401,173.02 Bills Payable, including Cer tificates for Money Borrowed NONE 433,708.60 THE NEW PRESIDENT. •Mr. B. H. Boyd, president of the First National Bank of this city, has been elected president of the Commercial Club, succeeding Mr. Geo. M. Wright, resigned, and ■j* „ > ■ '■ •A. Total State of South Carolina, County of Laurens. Before me came M. S. Bailey, Presi dent the above named bank, who, be ing duly sworn, says that the above and foregoing statement is a true con dition of said bank, as shown by the books of said hank. \ M. S, BAILEY Sworn to and subscribed before me this 8th day of July 1919.* W. C. Bailey, Notary Public. Correct Rttesf^ M. S. Baity , W. J. Baity W. C. Bailey » • ' f*Z 4 1,750.00 X Capital Stock Paid In. $35,000.00 Surplus Fund - 15,000,00 Undivided Profits,, less Cur rent Expenses and Taxes Paid „ 6.210.25 Due to Banks & Bankers 766.04 Div klendsU* tvpaid Individual Deposits Sub ject to Check Savings Deposit* Time Certificates of De- posit Certified Checks Cashier's Checks Notes and Bills Redis counted BilL payable including Cer tificates for Money Bor rowed 44,500.00 141,740.62 2,639.01 85,185.10 . 13.00 409.36 19,000.00 Total $352,213.38 State of South Carolina, Countyr*of Laurens, ss: Before me came F. M. Boland, Cash ier of the above named bank, who, l>e- ing duly sworn, says that the above and foregoing statement is a true con dition of said bank, as shown by the books of said bank. _ L _ F M BOLAND. . Sworn to and subscribed before me this 7th day of July, 1919. J. H. Donnan Notary Public Correct Attest: J. I. Copeland, H. D. Henry, Jack H. Young. Elmers Candies Fresh and Fine At SCAIFE’S AUTOMOBILE OWNERS — We are glad to announce that we again have with us Mr. R. C. Tidwell, the well- known automobile expert, and shall be glad to have you call upoq^us .when in need of mechanical work. ' ■ All work intrusted to our care will have, as usual, careful and prompt attention. Our line of tires, tubes and accessories is coming more complete every day. '■ ~~ We have just installed the most modern Tungar Rectifier for re-charging batteries. This machine being able to charge at one time ten or twelve batteries for which a nominal charge is made. . . . r -*—'•«?; , . • We have just purchased the most modern Weaver Tire Changer which enables us to change tires instantly without battering rims. Come see us—your business will be ap preciated. 8 > * Ellis-Hatton “Let Your Motor Troubles be Our Troubles” Clinton. - * * * South Carolina K^ ' \ /" ' » ♦ '' \