The Lancaster news. (Lancaster, S.C.) 1905-current, July 09, 1918, Page PAGE EIGHT, Image 9
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