The Lancaster news. (Lancaster, S.C.) 1905-current, July 09, 1918, Page PAGE EIGHT, Image 8
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- ' PAGE EIGHT
~ Bank No. 230. ti
Statement of the Condition of
Bank of Heath Springs Tln
I.ocated at Heath Springs. S. C., at '
the close of business June 29th, C a'
1918.
RESOURCES.
ST
I.oans and discounts .. ..$73,217.29
Overdrafts 197.21
ltonds and stocks owned '
by the bank 3,200.00 ( a!
Due from banks and 11
baukers ai.RS? S!i
Currency 1,730.00 11 u
Gold 407.50
Silver and other minor
coin 4 4 4.51
tin
Checks and cash items . . 153.06
Exchanges for the Clearing
House 42.00
Other Resources, \1iz.:
War Savings Stamps ... 2,131.70
i
Total $113,140.66
LIABILITIES.
Capital stock paid in ...$10,000.00 i
Surplus fund 12,000.00 am
Undivided profits, less . da:
current expenses and |spe
[7*
4r
|rj Tlie Federal Tr
'' stated that th<
'WK, and that they I
-v
^ These conclusi
not only to th
every other ci1
>The figures gi
that the packe
The packers n
profits reason.
The meat busi
citizen who v
prepared for 1
The report sta
were $140,00C
This sum is c
I* _ r
r it. _
prom lor me
?r
? the war profit
This compares
festly unfair n
i but the Fedei
take in the fig
- The aggregate
in sales of over
r
three cents on
per pound of |
^ , a Packers' profi
meats. No*rt
| put bacic into
1 vnn mnsider
I solve quickly
^agconduct th
I necessity of p
1 stefci, has re
1h
r:
,
m V
9 f *
0
M P
* . ''
# #
THI
axes paid 4.604.27 Soda
ividual deposits sub- | Colombia.
ect to check 77.690.14 ^ie scarcity <
?e certificates of de- ' .?ie iurEest cl
-n B.401.121^;; Kzil
ihier's checks 2.445.12 |, ia saj,j l|u
city are also
i*?tal $1 1.1,14 0.66 tJf ,.iosing u
ATK OK SOUTH CAROLINA, There is a Ki
County of Lancaster?ss. lumbia and i
Het'oie me came Jas. K. Caskey, fo put throu
<hier of the above named Imnk, very hottest 1
o. being duly sworn, says that the a piece of i"
e and foregoing statement is a
e condition of said bank, as shown
lite books of said bank. | ?
JAS. iE. CASKEY, Cashier. '
Sworn to and subscribed before me JPAw
s 5th day of July, 1918.
II A. IIOKTON.
Notary Public S. C. <?
rrect Altest: , M>
Jno. T. Stevens, '
Leroy Springs, AQkjT
Directors. j
Chalmers Xisbet, Middleton Jones
1 Hen I'lyler returned home Fri-1
ir from Charlotte, where they Wlicit S
int the Fourth. will kllOW
e The F
Plain F acts /
ade Commission in its recent report 01
3 five large meat packers have been
have a monopoly of the market.
ons, if fair and just, are matters of se
ose engaged in the meat packing bi
tizen of our country.
ven on profits are misleading and t
rs have a monopoly is unsupported b)
lis business in war times, with highei
>aying two or three times the former ]
quired the use of two or three times
/
? LANCASTER NEWS, LANCASTER. S. I
Fountain Close. Notice of Scholarship Kvaininat
July 8.?Because of; THF CITADFL,
l I harlcston, S. ( .
sugar and Ice four of . ,, . ,, .
| Coures in Kngineering, Scioiv
irug stores in Columbia J and Arts. |{. s and g. Degr
I their soda fountains. Military instruction of unsurpas
it other fountains of the excellence. Classed by the War
considering the matter Pa'fmei^ as "distinguished Milit
. . College.
p for the tune being. one vacancy in the State seho
eat scarcity of ice in Co- ships for Lancaster county will
many homes were forced tilled by competitive examination
gh vesterday. one of the August !Mh. These scholars!
. . jnov.le lor tiear.y al' ex p.mi
ila\s ot the year, without y?,j only those candidat> s ;
e. are unable to pay are olig
for them. Necessary hi" I-s r m
obtained from the superinto:i?len<
the Citadel.
^ rT/x A limited number of pay eat
J | """N w ill i>e received. Kxpenses, ine]
*V / ' '"u board. uniforms, (uit'on Ml
\ / / \/J Othe*' fees, 7. Not so s o
f gins -Sept. 1'iith. Catalogue sent
iinm _ -it i ^ request. \ddress
^ ' in . o .i. iiom). supt..
y Mm> HiMMM ? imr ( -. m .>. i
V I'OI.ITM -\li .\l>VKItTISI\(i.
f Announcement.
W W "J^ 1 Through Hi" influence of a
w. *=* I friends 1 announce myself a cm
i date for re-elect .mi to the otti e
[ magistrate for Huford Towns
?. . ? *? ' subject to the rules of the De
in the Pot? You rratic party>
Friday. 74-tf w. t. snipke
'ackers Pi
Ibout The Meat
1 war profits, amount of working <
profiteering fair return on this, a
profits earned has b
to provide additions
rious concern demands of our arm
isiness but to
If you are a busines
these facts. If you
he statement matter over with soi
r the facts. say?and ask him t
, . with those of any ot
to prove their
No evidence is offei
, . nort of the stateiru
dustries. Any ...
I he commission s o^
tails must be . c
portance of other pa
The packers mentio
large packers . . , ,
b ^ any tair minded pe
each other, and that
yerage annual jf ^is were nof fru
it appear that statement.
ire-war profit.
... . Furthermore, gover
rofit?a mam.
ers mentioned in th
ly misleading, . ,
the meat business o
; made a misThey
wish it were
business. Of how,
vas earned on jess ^an CQS^
means about products, and of the
ition of a cent tion throughout this
The five packers r
ive stock and each other to the ex
an such small rnent.
They have been able
need; they have met i
small portion ?.aiS??
illni c ? 111111iw ii u
ance has been people with the facts I
realize when
to solve?and
# <
* costs and the Jr
prices for live
> the ordinary
' J
lentioned in the report stand ready
ible and necessary.
ness is one of the largest American in
/ould familiarize himself with its del
arge totals.
ites that the aggregate profits of four
),000 for the three war years.
ompared with $19,000,000 as the a1
three years before the war, making
was $121,000,000 greater than the p
> a three-year profit with a one-year p
nethod of comparison. It is not on!
ral Trade Commission apparently has
;ures themselves.
: three-year profit of $140,000,000 \
four and a half billion dollars. It
each dollar of sales?or a mere fra<
product.
ts are a negligible factor in prices of 1
flier large business is conducted up<
qftt. ? u -a^ci
is .very irn^tTftant=4ftnly a
has been paid in dividends. The ball
the business. It had to be, as you
the problems the packers have had
?dnrincr thf?Sf> war vpare
TUESDAY, JULY 9, 1918. J :
h UK. J. liKKCK KUNDERBVRK, I h |
HI)S Dental Surgeon. j J* i<
Office Hours: 'vL
* H
8:30 to 12:30 A. M.
iry I'hy- 2;00 to 6;00 p M
it. Office And by Appointment. ll
tock Co. Office Phone 160. j
?e 185; Residence Phone 16. JT ft
Office over Lancaster Pharmacy.
L UlllC
: Business
capital. The additional pi
nd has been stated, the la
een useu iu finance huge s
and improvements made
y and navy and the Allies.
s man you will appreciate
are unacquainted with 1
[lie business acquaintanceo
compare profits of the
her large industry at the p
red by the Federal Trade
?nt that the large packers
wn report shows the larg
tckers.
ned in the statement stanc
rson that they are in' kec
they have no power to m;
e they would not dare tc
nment figures show that t
e report account for only
f the country.
possible to interest you in
for instance, they can se
>f the live animal, owing
5 wonderful story of the n
i broad land, as well as in
nentioned feel justified ii
:tent of together presentii
to do a big job for your go\
fill war time demands promptl
st their case to the fairmindc
jefore them.
ARMOUR AND CC
CUDAhV PACKINC
MORRIS & COMP4
SWIfT & COMPAN
WILSON) & COMPy
fANT YOU I ]]
ne of the strongest, most progressive
this part of the state. Fair dealing,
, honest service, prompt delivery, I
ICES, accommodations, ^11 these w
lervice. We invite you to our store. 1
ness the better the service. That's I
to have you.
FT-TERRY CO. I
LANCASTER. Phone 120
IVl ^
ers? pi
5. ' J
, 1 <
'ofit makes only a f
rger portion of the
docks of goods and
necessary by the
the significance of I Bf .?
business, talk this (
?with your banker, J^BVpacking
industry
resent time. ALIQB '
Commission in sup- ^
i have a monopoly. K <**. St \
e number and im- Vk
I ready to prove to nf
m competition with \
anipulate prices. , HQ>
) make this positive flBftl
he five large pack- ? I fl
about one-third of I 111
I mm
the details of their^
II dressed beef for ' T JH
to utilization of by- ^ I JM
nethods of distribu- MM
other countries. if
> VI
i co-operating with' <k { 'ff
ig this public state- ly
-4
fernment in its time of * ?
ly and completely and ^11 "
;dness of the American M*'
IMPANY
jNY
...
? ? ?-?
ion
|*
+ PROFESSIONAL CA1
res, +
SOll + '
Deary
l?li. W. S. IIOl.lA, Veterlna
, (i siriun, Surgeon and Dentil
be at Gregory, Heod I.ive Si
stables. Residence Plioi
rps
Oflice Phone 226.
\ ho
"
WE \\
???????????
<?" Wo are building up o
and reliable stores in
* ?. -
Iv. \ Mil I I 11II js utaiNirni
! REASONABLE I'R
things are al your ?
The bijrger the busi
row why we are anxious
iidi- ???
: BENNE'
urnPhone
119
I