University of South Carolina Libraries
A CALAWITOl'8 OI'TMMJK A writ**' in kunt w<M'k\s fUwia- of iln? KUuntay Kvwtltitf INmI ?I?hwx m pli'turv of pnvnwW it1141 future foftt) CUHrtttlotW !u tl?i?4 country wlih'li. Jf fiiit? (Htf W-SN It 1m)' outfit to tfivo <HUT poof** a j.?lI Tills man'* ntory in <Jn- rcvult of it i up of UMMilfliN Uinnnfli Mi*' fmrm Inu of thr Middle II? ML* nt UKHiMiiulh <?/ at>tui<l4iii'<l fiiriuM; No. 4*? STATEMENT OF THE CONDITION OF THE MERCHANTS & FARMERS BANK Located at Bethune, S. the Close of Business May 4th. 1920 Resources I..,an aid I U.K.lint- woVnim >??? MiraliS..111.4 Im IV. li. .11 . ?-!? ami Sin. k? OwtiffJ b.v th< ? ' n,!rr'lit Pilrnittits FiXlUft'i s ? fillnking lli.nv. i, 120.00 ihic From Hanki and linnisrl ?V).021.4p Currrii. v 8,104.00 (}o|<) - 187.RO silver aid OIImt .Minor (V.in 1,242.77 <'|>?sk?> aid I'adi Jf^m* 5MV2ft Total - * . 1IS.OO.H77 Liabilities < ;.|.ii,ii Sii?<-H l'ai<l lii 1.0(000,00 Hunpliii Kqni) 1,000.00 I'ndividod I'rortfH. lew* Current 10ijipu?*h and To.tOH jmlil .'l,272.fW In?livicltinl J)e|KMif.U ijluhjA't h> ('heck ?.K^.O.YT.HM Having .... ,30.776.30 Time Cor'tlflcstps of Deposit .. ?... ....5,NOO.OO Olihl^'n (Mii'cIm 1)7.50 ? I I !?,,*!*I ?4 To).11 .... , 14.'t.6(fl.77 Si li t*? of South Carolina. Couutjr of Kcrxhnw. llefore mi* <*nnv?* J. I). Luffitte, Cashier of the dbofc named hunk, who t?eintf dilly xworn. *?>* that the above ami foregoing utatement i* a true < (iniJition of Haiti bank, as nhown by the Uioks of aaid bank. .1. 1>. LAJWlTTB, Osahier, Sworn l? ?nd Kubwribed before m<* thin 1 INi ?!?y of May, 1920. Corn-it Attest J, 10. <\>]xtlnnil, Miik'W rn t?. \V. M. Stevens It. Ij. .lone* liiri'i'tont -*.???? , ,.?i. ; ?? :?^??? J. K. OopelHaid No. 17.1 V STATEMENT OF THE CONDITION OF. THE BANK OF LUGOFF Located at Lugoff, S. C. at The Close of Business May 4th. 1920 Resources l*?ans ami l>i>couuts - . r ?40,743.00 Overdraft* 23.20 Furniture ami Fixtures , ......... - - ? 1.4HBJ0 IHh* I'wihUs and 1 .ankers ....? ?m- 22,022.12 < 'urreney - - - ? - ? 1,00^*00 Silver ami (Mlii'r Minor Coin. ? u ?- ?- - - ?? ? -t?>4.1 () Chook/* 'Hinl Cash 11? -j11^ ...v - .. 411.80 Total - ...J... . IW,743.13 Liabilities ('apital t"*tork INllO Im - $25,000.00 I'mHvlded Profit* I.?'ks Current KxpentipM iuimI Taxes Paid .1,383.20 Duo to Munks ami BunkflTB. - MJUtt I mil vi<liih) Deposit* Subject lo Check - 32,704.01 Having* DepoM<1* ? - - - - - ^ 3,41)1.'KI 'rime Certiflouti** ?>f IVixwit 0,015.00 C^*J?fecS < 'hiH-'k-s. - - . . B.OO 42.215.OI 'iv,tHi . - - . _ -v os.743.13 Stale of South Carolina, County of lirmliHW. IWnvi' iii?' oanie .1. II; W a Unci'. C.Hbier <if the almv.e. named hank. who, being duly sworn, says that the above ii ii < I foregoing statement i< a true condition of Mii?l hank, hk thowft by the books of said hank. J. Jt. WAhhACK. ? Swuru l?t and MihM'i ilwtl lu'lon- nic iiii* Ktli tIiij* of May. 1020. l.-lin f{:ilmii. Jr.. .Vofarv Public. Co i red AtiLcM .fames MVumi .?. M. Miukiiis Director W. IT Tl I lor No. 9083. REPORT OF THE CONDITION OF THE FIRST NATIONAL BANK OF CAMDEN at Camden, in the State of South Carolina, at the Close of Business on . May 4th 1920. Resources I.OUIIS ami (llM'ountJ* .... . . 590,010.47 .Total loans x..-. 590,010.47 5DA.fll0.47 overdrafts. sveurojl *11.1(1,1.07; unssranMi. $1,524.50, - 12,029.03 IT. S. bonds deposited to secure circulation i|?nr value) . 50,000.00 II. S. ltomls Owned and Unpledged -- . ...... 35,500,00 War Mmvin^s <'ertifiontes and Thrift Htnmps actually owned 24.40 *5,ft!4.10 Moiuls other than U. S. bonds pledged to secure postal savings deposits . " 2.000.00 StMMintif**, other than T S. Itond* < unpledged i 7.000,00 K.INKI.IK) of Federal I{t"-i rvi1 Hank . _ 2,850.00 Vahio of hanking house 29.74K.7s 'JO.74S.7S Kurnlturo and fixture* - . 3.S00.52 lawful reserve wlili Federal Kescrvo iwtnk . . -... 50.040.WI ? jisli in vault and not amounts due from National Ifcmks UH.092.7S N'ot amount duo from hanks and huukoiv . 11.S7S.S2 < Mi<H*k? on hank- in the same c ity or town - ... .'I.S.IO.KI MV?tal of !io>I three iPmv . . 12H.307.93 t >uMde check* and other cash items, - .... 1.S4C.35 Redemption fund with I'. S. Treasurer ... 2.500.00 i lllici i iivlnini'o Ihuid ac*"!... - 274.11 Total !?.M2.7.MS.2r> Liabilities. <Capital stock ,?aiil in ... 75.000.00 Murplns fund 'J5.000.00 I'ndlvlded profits . 22.117.<K< l.e*?s current e\|H-nsfs. interest, find ta\?-s j?ii<I . 7.735.71 14.3S1.92 Inton^t and dls^'ouiif o<i!1?h? t? *?l . - - 3,000.00 \roount re.s^rveil for 'axes juvru'vl ...... - 1.515.73 Aiuoun-f ri^MTVisI for al! interest ;oi !iiei! . . 3,000.00 Circulating notes outstanding . .V),000.00 Ortjfusl chetks ont-tamlinR _ 453.S5 ?-?<ihiei'ji checks no own hnnk oiit?fanding . . _ _ 1,554.42 Total of ih*i three item* 2.00S.27 l?einand deposits : Tndlvhluni deposits vubjw t ttj rhork .... lOS,109.26 l>ivnh-n<ls unpaid . _ S.00 TotSl Ueiuand dopositv. 40^,117.20 Time deposits Postal Saving l)eiH?sifs ? 452.74 * Hiier fimo deposits .. . - ....^ .. 349.37S.50 M'otal of time <U*i?osit- .'{49.S31JW t'nitiyi States l)rj>osits ??fhor I.iahrlithi** : ll,*?*?rv???| f??r 1 >oprerlaf ion ... .. SS3.74 Total - W2.73S.2f) < >f the total !.?uns and iii*<>onnta a how n above, the amount on which interest was charged at rates in cirfM of tJ*ose permitted by law. exrlufrire of notas upon which total charge not to rrefed ."hi tiuits was Tliado ww *54.20. The Tiun>l?er <>f sucJi loans was 22. Htate of SouCb Carolina, County of Kershaw. I. S W. \'nn I.amhntrham, Canhirr <?f i tie above namfd Hauk, (k) ? ohoiiilj ?*"r that il.'- .-?bove <it*temet)i ?. i-w.* u> tbe bext of nvr Lnowledg* *i!(f h'!i<-f s \\ \ a i, I. A Nl?I NO H A M, Cashiei Subscribed and worn to before me (!>(< Mh day <>f May 1OT0. Correct?Attsat: T r Hoi*h Notary P>rt>iie C .1. Shaunon, J - ?lr?hn T. Maokos I 'irtx lor*. W. .1 I ?mn i4 (I???i?mm?hIh of or J km- ftirniH (Imuii' ; t?t u KitDl rtli4?rt*l?v ??f mlllr and rtvvlm*; of a hvuM'iuloiiM i*H<of <'ro|*? and the of It afl In f*tat? i-41 I" In- a (^1x4pOil llu' fariilH I hi* > lioi Ijik*' tft S<N?, <H*0 liii'li. Tlw <<41)14)1* rwpor ifs, now IriK Immm) <lnHy, xhow. without < \? < a tirim-ndou* UKfMW 1" tilt* |Mt|?u1itllou of towns and oiftf*. Ah I His IliH'll lilt t ioa into III)-. ? ? MlIIt r.%- of au> ;iiii?'IIii! iluriiiK tftfcM liMft four y<Mr* Hii?? <??nnlu*ton lt? Imwltald*' ttiuit t.ly Inciviix- in tin* |M>|>ul?tiiHi of towns aiul ?'ltiU*i Imih <<?iih* sthinwt t*n tlinl.v from tlif rural dbdrU'tn. miring (Iio ww. aiul mIukv, tin* oHitw aw ?ffw iii? uniifltird of W&g&i to utiMkLrUMl \\x?rkom,uli<l that hasroUU-d tin* farm* of I! undivdx 4if | hou<*ind?4 of farm work-' ? M*. Tin- wplior i|uoti's a |H4M} farnuM In Micirtgai). wtuiw tftroe Itoy* loft Win to work lu tlu* oltta* at Id# wgijjtM, an *a,vhiK: "Who tlu- lu?W k<4iik to w<?rk thi*lainl *\ ? ii I <Ioih '.' I I??\\ Hum rlty f?*UoW8 tO <Nlt ttMUt" A*n*l HuH rnnK* ion 4h icoIiik to ? ?un|H'I wry MuioiM t hought If tho ltMti >iii<I \v<>nkmi <*f tin- pr<>MMi( inniod ?| IV ? 21 IKt l>lf (if KivjjlK' I IllMIXfllt t<? II M\ thing tuivv i?h?H<*iiiv iinti ;iii(I iiHrursN. i:\ci.\ man a ml w..inun In South OB* vi?li. ji -hoiilil iva?l thut Nlmi'y, Nlai'liaifC on fhi' otuhlli l*W of lust w<?<'k'w Sat unln.v I QOitljt IN*4|, Tli*' >ali? ni |n11111v of itJiiil story art-: ll?- im'iitions <uio t>?wn in tlM??^rU ul Jural sort ion of Kentucky In wJttfth ii < iv iiiv hut t w ?? llOUfKV t tiwt-t iiiv not tlx' home* of two familllivs. Tlmt fa i in I mi ii< In iii tliv .\l \V<<*t art- uotlhiK fi>?u to $110 .JMT 11?<??.11? Unit fhfiv mix* viuvint fnnu lkXMWt* In tlu* Ktut<? ??f Now York. TJmf Plm IhxvinlM'r i?Ktlnm4o? of tUm 1'iiltwl States [H^vtrtuK'nt of Agrioul Hire *h<>w <lmt there wore 11,719.000 ikiy* -Kwh of -wlirtor |dunto?l ?mu in tin- Cnli <>f 1919, it at 2ft per m u?. f??i III>t? *Milhv <01111 tjy. i li.it the nuiuhor <?f hog* Jai U?<- I'nl I, .1 Sl.11?? s IiimI I'a'Mon off 'I'lmt fitfimw from I mm n1m*\v?hI thai l Ik- Slalt' ilwut mifforcd a Iohh <rf (KM> ti*,000 iivttyc < mv*s 80,000 !*H\f r.i 1)1 l? ? 'IHull lta<l M>.(NN> U'ss cal III iud 101t(NM) iUtMM lutifM, Tlwti tn every oity and town Jh.i Atmni 4vt. nv|Mi ??iit fow ox<viWk**?, the <?lty *h OVOI VH?\V?I<<I with |H-<?|?W\ I I < >UHt \S <? V I V where \ar<> at. a iwvmhuu. Oiewbuul nts-.is \o,<hm> ii?ihh's. There ?re 60,000 Jiouiok^ In Milwaukee. <Thix*aKo kuul Now Yoi-k havo tttu' great twt fiun flu* In Martr Htotury. An.1 a ii-ii ion w i<i<- ? iioi idK*' of fttrin labor Is M*o miw of all tfhl* troubfc'. Tlu? "Mm I io?ak" 1m nJmoat c.vthnrt. TiM? lmi>oeta<nt <| neutron is, W.l 11 I ho |hm>|Uo <?f Ainertefl?wake up to ??** #trlou?uw of tt? hH^, witt tlHty wult uutkl a ixni riua^ (lu<iu to tl* |?u4tU <?f Uitcr hn*f tmitft ? WUhhK* for ' IH- "IHvk jJ of UKlfk?f." We miiHt mulct* u vlufc* u-tw v'Koo?V Fun uiwl WiuikUx." r> * ? 1 '. . J * *? ' ' C1v? Children Orauiti^ v"; V-' j|lfj ' -J \ i . i Mi . II. I- Uultaui, who rt*l<j,a ^ Itb?hol>vMI*\ wa? l'? tbfc <-ity yist)tt< hih> UrfentW tlu? now* of ttM.- <l??th oCfl negro t-UlMion who i^MunlVht,^ hoiwo by their mother. Ilia W'HtUltllKton. bUlDeO l<> t)u? \\(<l'iic?Mlay J?lK'ht. Tt* nuUhrr away trow the ih,? m*4 J alMHtt ? :Ht> Mir. iMlltuOt J home to Ik* hi Maine# kuul nH IfttfOlT they fOU'Ul 1?0 flHK'VUll. [( m?p|M*s<Ht IlUXt the. VtiUUrea vr?^ at the time and that the f m t?Khl firum the fhto ov fit* ^u% Humtur llecaW. 9fc//tc*tx*xds&iaeJ' Buy Anything Z Shackelford Stores for a limited time (with absolutely no exceptions.) . ? .' ... And Deduct 20 to 33 1-3 per cent, from Regular Price * ' ? ? ?! : ?' ? t \ ?, * . ?>.* < ?-*?'*.;'P:r.' -7. '? ? ~ .\ ?<3j6ii Or one- fifth to one-third from the price. Nothing Sold to Dealers. Nothing Sold C. O. D. Nothing on Approval. Nothing Charged A SPECIAL STATEMENT To Merchants, Manufacturers and Bankers who may ask the econ omic reason for this inde pendent trade movement. Volume is the keynote of American big business; The high cost of living and the low prices prevailing in the United States prior to the war were made possible largely by volume?on the part of the producer of raw mater ials; the manufacturer of the finshed product and the merchant distributor to the consumer. Today production is not going at full capacity and the result is that prices are high, with little real pros pect of their coming down until pro duction reaches a normal volume. High prices cause a curtailment of consumption, which in turn mean that the manufacturer can not produce his normal output with the expectation of selling it at these high prices. Thus the vicious circle is joined. In the ef fort to make the first real break in its' oppressive circle the. Shackelford Stores with full knowledge of all that it involves, have taken a step unpre cedented in the history of merchandis ing. * * Though today manufacturer, mer chant, banker, economist are all frank in stilting that their judgements as to the future prices are but guesses, the Shackelford Stores offer their entire stocks at one-fifth to one^third off. The result of this offering no one can know, but we have faith in Ameri can business, and we believe by mak ing this experiment some-thing will be learned of the value of the governmen tal, financial and mercantile interest of the country. Very frankly, from our own view-point as mer^jhants we be lieve that the increased volume which will come as the result of this lowering of prices will enable us to justify the losses taken on our stock. We believe this is the proper time to begin to reconstruct business on ..the peace term basis. THIS IS THE WEDGE?A SHARP WEDGE?THAT WE ARE DRIVING INTO THE HIGH COST OF. LIVING WITH THE HOPE THAT IT WILL SPLIT THE MERCHANDISE MARKET WIDE OPEN AND LET IN BOTH LIGHT AND REASON. HIGH PRICES DO NOT BEGIN WITH THE.RE TAILER. THEY BEGIN BACK WITH THE INCREASED COST OF RAW MATERIAL, WITH THE'RESTRICTION AND HIGH COST OF MANUFACTURE, WITH THE TIRING UP OF GOODS BY SPECULATORS, AND WITH THE UNSET TLED CONDITIONS OF LABOR. BUT THE HIGH PRICES >DO CULMINATE WITH THE RETAILER AND THE SLEDGE HAMMER BLOW THAT MAY BREAK THEIR BACKBONE MUST BEGIN AT THE POINT OF CONTACT WITH THE CONSUMER. * ? vr-Trr. p.' You May Choose From Our Entire Stocks in Our Two Stores? All at 20 to 33 1-3 Per Cent..'. Off (With no exceptions.) ? All kid, silk and walking gloves at 20 per cent, off All women's neckwear at 20 per cent, off ^ All veils and veiling at ,20 per cent, off All silk and linen handkerchiefs at 20 per cent, off All belts at 20 per cent, off || All silk and feather fans at 20 per cent, off All silk and leather bags at 20 per cent, off All silk and cotton hoisery at 20 per cent, off All boudoir caps t at 20 per cent, off All kimonos and negliglee at 20 per cent, off All muslin underwear at 20 per cent, off^ All silk underwear at 20 per cent. otLJJ All wool and cotton knit underwear at 20 per cent, off '? All middies and middy skirts at 20 'per cent off All middy suits at 20 per cent, off All smocks a? 20 per cent, off All silk and cotton underskirts at 20 per cent, oftJQ All corsets at 20 per cent, off ff All corset accessories at 20 per cent, off J All sweaters at 20 per cent, off p All cotton top skirts at 20 per cent, off ^l! All cotton waists, voile, etc at 20 per cent, off All umbrellas, parasols and shades at 20 per cetit. off All cotton dresses at 20 p& cent, off j All silk and wool top skirts at 20 per cent, off AH silk waists at 25 per cent, off ? All silk and wool dresses *'4 a^ 33 1-3 off 1#| An suits ZZ\?ZZZZ at 33 1-3 off J An coats at 33 1-3 off m at 50 per cent, off ^ Price# are not changed?you merely deduct discount of of each price at time of purchase ?ftft STORES OF COURTEOUS ATTENTION Columbia, S. C. \V,. Greensboro, N