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r . - ? PAGE EIGHT -Bank No. 2.V). Statement of the Condition i Bank of Heath Spri Located at Heath Springs, S. < the close of business June 1918. RESOURCES. Loans and discounts . . . .$73,5 Overdrafts ] Bonds and stocks owned by the bank 3,1 Hue from banks nml bunkers 31,1 Currency 1,' Cold Silver and other minor coin Checks and cash iteius .. Exchanges for the Clearing House Other Resources, vtiz.: War Savings Stamps ... 2, Total $113. LIABILITIES. Capital stock paid in ...$l<>. Surplus fund 12, Undivided profits, less current expenses and A t\ y The F ! " 1 statec ' and tl ( V ? ^ These not 01 every *Tlne f that t The r profil The r citize prepj t The i 81 * t were ' S' This OU' ?. fi? profil ? ? the v\ t This i festlv . pa but ti take -r The a wl * bui sales lt'-* three ^ v ' I^r P *' P ^8 SO!V( f <*??{: nece stocl * > (1 u > # ' * ' ' ',,:** . taxes paid 4,604.27' Individual deposits subject to check 77.600.14 t) ngS Time certificates of de- (| P t posit 6.401.12 I t( 29?h Cashier's checks 2.445.12 || - c Total $113,140.66 ? ,17 ^ STATE OK SOUTH CAROLINA, 'I 21 County of Lancaster?ss. Het'ore me came J as. E. Caskey, ' >00 00 Cashier of the above named bank, v who, being duly sworn, says that the a -,27 30 above and loiegoing statement is a 7 20 on ll,le condition of said bank, as shown , _ . (1 i>y tne hooks oi sam oaiiK. JAS. iE. CASKFY, Cashier. Sworn to and subscribed before ine this 5th day of July, 1!'18. 153 06 II A. MORTON. Notary Public S. C. 42.00 Correct Attest: j J no. T. Stevens. " ' , J no. F. Stevens, Leroy Springs. 140 66 Directors. ono.no Chalmers Xisbet, Middleton Jones 000.00 and Ben Plyler returned home FriI day from Charlotte, where they I spent the Fourth. \ ire The Plain F ac ederal Trade Commission in its recen 1 that the five large meat packers 1 hat they have a monopoly uf the marl conclusions, if fair and just, are mat! nly to those engaged in the meat pi r other citizen of our country. igures given on profits are misleadi he packers have a mcnopoly is unsuf )ackers mentioned in the report stan< ts reasonable and necessary. neat business is one of the largest An n who would familiarize himself v ared for large totals. *eport states that the aggregate profit $140,000,000 for the three war years sum is compared with $19,000,000 t for the three years before the war, 'ar profit was $121,000,000 greater t compares a three-year profit with a o r unfair method of comparison. It he Federal Trade Commission appa in the figures themselves. iggregate three-year profit of $140, of over four and a half billion d< cents on each dollar of sales?or a ound of product. ers' profits are a negligible factor in s. ^Ot?tber large business is com hermore? a^ci Ifrfe is very imjttTftni lis ocitft has been paid in dividends, sack into the business. It had to b consider the problems the packers 3 quickly?during these war years. onduct this business in war times, v ssity of paying two or three times th has required the use of two or th * > f ... V '# THE LANCASTER NEWS. LANCASTER. S. 1 Soda Fountain Close. Notice of Scholarship K' Columbia. July 8.?-Because of: ^ JTADEL, , . Charleston, S. C. >e scarcity of sugar and ice four of ,, , . i Coures in Engineering, te largest drug stores in Columbia ' aIuj Arts. B. S and C. 1oday closed their soda fountains. Military instruction of u i is said that other fountains of the excellence. Classed by th itv are also considering the matter Pa,1fllu'1^ as "Distinguish? , . College. I closing up foi the time being. One vacancy in the Fta 'here is a great scarcity of ice in Co- ships for Lancaster coun nmhia and many homes were forced tilled by competitive exam o put through yesterday, one of the August !?th. I hose s< . , provtde tor near.y aP ery hottest days of the year, without am, on]v th(,80 (.ull<iitl piece of ice. are unable to pay at __ . ifor them. Necessary hi* obtained from the superit the Citadel. \ ' i m lted number of f " 'm. ' rnroimn me imiuenre friends 1 announce inyso magistrate for Huford TTT. , , . ., _ ,n -T subjpct to the rules of What's in the Pot? You cratlc par(v vill know Friday. 74-tf w. t ! Packers ] ts About The Me t report on war profits, amount of woi lave been profiteering fa'r return on profits earned to provide adc ters of serious concern demands of 01 acking business but to If vou are a b these facts. ] ng and the statement matter over w sported by the facts. say?and ask , . with those of d ready to prove their -No evidence ii . . . . port of the s nerican industries. Any . . I he commissi ,ith its details must be portance of Q| The packers r s of four large packers any {ajr min< ' each other, ar as the average annual jf were r making it appear that statement. han the pre-war profit. . Furthermore, ne-year profit?a maniers mentionec is not only misleading, . , J the meat busi rently has made a misThey wish it business. 01 000,000 was earned on less than the jllars. It means about products, and mere fraction of a cent tion throughc The five pacl prices of live stock and each other to ducted upon such small ment. They have beer " v need; they hav< it=v?nly a small portion |hty are wini?s The balance has been people with the e, as you realize when have had to solve?and nth higher costs and the 7 ie former prices for live iree times the ordinary . ' V - ^ - ' - (r '"fr> Wp humiliation ( 4 ' . + PROFESSIONAL CARDS < Sciences, ^ ^ J. Degrees. usurp.isseil ** e War Re'd Military '* * W. S. IIOI.LY, Veterinary Phy^ , . , sician, Surgeon anil Dentist. Offlci te scho'ar- ' ** ty will he at Gregory, lleod Live Stock Co [ hoVarl'lrps "tables. Residence Phone 185 expanses, Ollice Phone 226. latt s w ho e Hig.h> I ?**.-.w.fw*-.* "in m a i m ra^MHMHmaa d pay raclrtr \A/^F^ Wf A *?-s. Iiielurl- V y M a Y y X J ion tm! .i.l . >;?? ? (i ?>( un sent on We are building up one ?1* t I and reliable stoics in this p courteous treatment, hone REASONABLE PRICES, risivci. I things are at your service 3 The bigger the business t of a row why we are anxious to hav Hr BENNETT tho I )?ni oPhone 119 LAN( SNICKS. iii ?iwi iimi 11 in i?m?? ! Profitee sat Business. rking capital. The additional profit i this, and has been stated, the larger has been used to finance huge stocks iitions and improvements made nec< jr army and navy and the Allies. usiness man you will appreciate the s [f you are unacquainted with busirn dih some business acquaintance?with him to compare profits of the pacl any other large industry at the presen s offered by the Federal Trade Comn itatement that the large packers havi on's own report shows the large nui :her packers. nentioned in the statement stand rea< ded person that they are in' keen coi id that they have no power to manipu lot true they would not dare to mak rrAirAi?nmAn^ fi/vitt*AO nk Aiir lU A! iU A ? ? ^uvciuiuciu iiguico onuw utai ttic uv i in the report account for only aboi ness of the country. were possible to interest you in the c f how, for instance, they can sell dr< cost of the live animal, owing to ut I of the wonderful story of the methoi >ut this broad land, as well as in other kers mentioned feel justified in co-o the extent - of together presenting thi i able to do a big job for your governmi ? met all war time demands promptly and \ to trust their case to the fairmindedness facts before them. ARMOUR AND COMP/ CUDAtlY PACKING CO MORRIS & COMPANY SWIfT & COMPANY WILSdN)& COMPANY j _ J V * , / J]-' . TUESDAY, JULY 9, 1918. ill UK. J. KKifit K FDNDKRBVRK, I II J Dental Surgeon. f Mii M ' Office Hours: ' IJ| 8:30 to 12:30 A. M. R 2:00 to 6:00 P. M. ' And by Appointment. f\ J Office Phone 160. jLV Residence Phone 16. |f ft Office over Lancaster Pharmacy. Aw 1VTT VA! T I D ill 1 1 WVJ I jBa he strongest, most progressive V art of the state. Fair dealing, ^ st service, prompt delivery, V accommodations, all these wl . We invite you to our store. 1 he better the service. That's I TERRY CO. I FASTER. Phone 120 rs? yl -J' J 11 i uai\co uni^y a f portion of the Ci gGCuS and >j|Bi jssary by the significance of M 3SS, talk this i your banker, dng industry >jW I lission in sup- * e a monopoly. VL V% mber and im- ^ dy to prove to npetition with Ml\ J late prices. ^B e this positive flBftB 'e large pack- ( W^bI 1 Lit one-third of | fY J ietails of their\% I ^1 1 ;ssed beef for ' T ff I ilization of by- I Jf ds of distribu-, ml countries. W operating with' If s public state- Ij I ?nt in its time of B I I completely and ^ F I of the American I 'J Bi. - M . . 3