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i^asB^sssssssss=ssse==s=sss COTTON ASSOCU IN COLUMBIA Columbia, Nov. 23.?The formation of a banking and export corporation in South Carolina wilf be discussed at the annual convention of the South Carolina Cotton Association in this city on December 2. The proposed corporation would be similar to one that has already been formed in Georgia, with Governor Dorsey at its head, and with a capital of two and one half million dollars. w ? Many other matters of importance will be discussed at the meeting: says tS.e statement issued by J. Skottowe Wannamaker, president of the association. today. The meeting will be held at Craven Hall and will be called order at 10 o'clock, a. m. "Some of the best speakers of the country," said Mr. Wannamaker, "will address the meeting on questions of vital importance to the South; among those to speak are Cplonei Karvie Jordan, one of the foremost experts on cotton in the Sputh. He has made a life study of the question and visited every cotton coa? suoaSng country in the world. Colonel "Thomas J. Shackleford, a prominent lawyer and farmer of Georgia, will . also speak. Colonel Shackelford is giving untiringlw of his time and services to the work of the association, realizing the tremendous benefit that it will bring to the entire South. Hon. ? . D. Shuford Murph. head of the Fed: era! Wareht use System. Governor R. A. Cooper, of South Carolina, J. S. Wannamaker. president of the association and others will be among the speakers for the occasion. "The first order of business will be j the permanent organization of the association, the election of officers including president, first and second vice-presidents, secretary and treasurer, board of directors of the na1680 r7-"" REPORT OF TH] The Carolina I at Columbia in the State of South Novemb RESOU Loans and discounts, (x)Total loans Customer'' liability aceount of *'accept bank and by other banks for account o standing U. S. Government securities owned: Deposited to secure circulation (U. S. Pledged as collateral for State or other payable Owned and unpledged . War savings certificates and thrift si owned____. Total U. S. Government securities.... Other bonds, securities, etc Securities, other than U. S. bonds ( not i owned and unpledged Total bonds, securities, etc.. other th Sftnnlr of Federal Reserve Bank (50 per Value of banking house Furniture and fixture* Real Estate owned other than banking Lawful reserve w?th fedcral reserve ba Items wi*h federal reserveb'ink ia proc< able as reserve Cash in vault and net amount* due from Net amount doe from banks, bankers a than included above ___ Exchanges for clearing house Total of items above Checks on bark* located outside of city i ing bank and oiher cash items Redemption fund with United States ' S. treasurer Total LIABII Capital stock paid in . Surplus fond # Undivided profits,. Less current expenses, interest, and ta? Interest and discount collected or credit* maturity and not earned [approximate Amount reserved for taxes accrued Circulating notes outstanding Net amounts due to national banks Net amount due to banks and bankers panies (other than included above) Certified checks outstanding Cashier's checks on own bank outstand Total of items above Demand deposits (other than bank d< to reserve (deposits payable within 30< Individual deposits subject to check Certificates of deposits due in less thar than for moDey borrowed) Dividends unpaid Total demand deposits (other than subject to reserve Time Deposit*, subject to reserve, paya or subject to 30 days or more notice anc Other time deposits Total of time deposits subject to reser Bills payable, with federal reserve bank Acceptances executed by this bank for < Total Total (x)Of the total loans and discounts sh< and discount was charged at rates in ex< rev, stat.), exclusive?of notes upon whi was made, was none. The number of s State of Sooth OHmliuar-Coaaty of Ri( I, Joseph M. Bell, Calhier of the at tho fthove statement is true to the V1TW% vv/ I Subscribed and sworn to before me th f Oorrecfc?Attest: IRADELL JONES. Jr. ^ ^ R. S. DESPORTES. ROBT. MOORMAN. Directors. ITION MEETS ON DECEMBER 2 jtional association and executive comj mitteemen. ! "This meeting- is for the specific purpose of transacting- concrete business and there is no question but tl\at matters that will effect the policy of the state, not only for today but for the future will be put into effect and force. While the South Carolina Warehouse act has served a great purpose, still to meet present conditions it is absolutely necessary to make certain changes concerning the ware"housing of cotton, it being realized that unless this is dene the warehouse system now being operated throughout the South by interests met with the hearty approval of the farmers and merchants, bankers and business men, not only throughout the state but throughout the entire cotton belt. It is absolutely necessary for the producer to not only warehouse his cotton nnrt finance it while in the ware house, but to go one step further, market his cotton and finance it until it reaches the consumer. Several plans that will complete the chain have b/en worked out. These plans have been submitted to. the b^st posted farmers, merchants, business and professional men throughout the South and have met their unanimous approval, it being the consensus of opinion that it will make a complete change in the handling of cotton and will prove of untold benefit to the producer and the entire South. It will remove the unnecessary middleman*put the producer in direct touch with the consumer and the manufacturer both at home, in New England and abroad. This Banking and Export Corporation solves the problem. As a result of the steps taken at this meeting the South will warehouse, market and finance its own cotton. Reserve District No. 5 S CONDITION OF National Bank, Carolina, at the close of business er, 17, 1919. RCES. $ 2,201,958 17 " $ 2,201,958 17 $ 2,201,95817 ances" executed by this f this bank and now out $129,000 00 129,000 00 bonds par value) $200,000 00 deposits or bills 200,000 00 274,400 00 tamps actually 355 65 $ 674,755 65?674,755 65 ncludeing stocks] $ 31,675 00 an U,S 31,675 00 31,675 0C cent, of subscription) 12,000 0C 175,000 00 175,000 0C 5,350 0C house 18,959 61 nk ' 168,554 02 ?ss of collection, not avail 17,868 & i national banks 498,645 37 trd trust companies other 17.098 84 70,378 0C :... $603,990 59 ' or town of report 6,495 46 treasurer and due from U. 10,000 0C ' $4,037,738 51 JTIE8. ' $ 300,000.06 100,000 06 $ 132.851 24 ces paid 58,606 76 74,244 43 ?d, in advance of s) 20,000 06 13,000 06 .'.... 191,100 06 41,486 86 and trust com 17,614 43 630 61 ing 4,796 8c $ 64,528 69 eposits) subject lays): 1,205.790 04 i 30 days (other 2,292 06 128 06 bank deposits) $1,208,210 04 ble after 30 days, 1 postal savings: 1,737,655 36 >ve $1,737,655 30 : 200,000 06 customers 129,000 00 $ 129,000,00 129,000 06 $ 4,037,738 51 )wn above, the amount on which interest :ess of those permitted by law [sec 5197 ch total charge not to exceed 50 cents mch loans was none. ;hland (as): >ove-named bank, do solemnly swear best of nv knowledge and belief, JOSEPH M. BELL, Cashier, is 22d davof November, 1919. THEO. A. BELL, Notary Public for S. C. f "The Banking and Export Corporation will receive the heartiest support and co-operation and the farmers, merchants, bankers, business and professional men have declared whole heartedly for it. Leading bankers throughout the South to whom these plans have been submitted are sup porting it and urging the speedy completion of the necessary corporation for carrying the plan into effect. A similar organization has already been formed in Georgia with a capital of $2,500,000. There is no question but that one will be established in every State in the cotton belt, thus completing the chain in the entire cotton belt. "As a result of all this work there is no question but that cotton will never again sell below the cost of production; tht there will be a tremendous saving on the economic mannerin which cotton has been handled heretofore. "Reports received at headquarters show that this probably will be the most largely attended meeting ever held in the state. The various counties are showing considerable rivalry in working up their delegations in an effort to lead the ist in representa- I firm 1 Bring your job work to the Dispatch-News office. I A I Starts H To appreciate thii handled by this mode regular stock, which i season, FURTHERS reductions are made i present season. The i When we tell you higher than the retaii you will understand r The only reason 1 weather, and must m i Note these splem i choicest things are sc > I (OATS REI)l'< 21 Coats formerly $20, 19 Coats, up to $4 0. pons 4 8 Coats, up to $50, no 42 Coats, up to $69.50. 81 Coats, up to $80.00, 29 Coats, up to $100, n ' 12 Coots up to $150. no SOTS RKDUC | 20 Suits, formerly $50, 27 Suits, up to $65, now | 82 Suits, up to $80, now I 79 Suits, up to $95, nov. > 27 Suits, up to $125, no 2 7 Suits, up to $175, n \ In addition to the ao ; 20 very tine ? [ I The sale star' vember 28th. , necessary, will 1 sent on approve It will pay e\ ing days of this We espec I! MORE COTTON' GINNED THIS YEAR THAN LAST Director Sam. L. Rogers, of the Bureau of the Census, Department ' of Commerce, announces the preliminary report on cotton ginned by counties in South Carolia, for the crops of 1919 and 1918. The report was made public for the sfate at 10 a. m. Sat urday November ?, iyiy. (Quantities are in running: bales, counting: round as half bales. Winters are ot included.) County 1919 191S The State 1,055,1:10 - 974,036 Abbeville 18,684 14,538 Aiken 33,417 37,653 Allendale 16,947 Anderson 58,230 4*,172 Bamberg- 21,840 25,847 Barnwell 26,739 50,369 Beaufort 1,555 5,068 Berkeley 6,955 9,087 Calhoun 27,026 28,462 Charleston 3,84 3 5,719 Cherokee 11,401 8,468. Chester 21,831 18,471 Chesterfield 23,386 22,267 Clarendon 32,597 26,953 Colleton 10,302 16.428 Darlington 31,591 27,221 Dillon 31,725 23,270 Dorchester 12,006 13,620 Edgefield ? 18,729 21,556 i ) <; m i U If A Columbia's 9 APPARE 1619 Main St: (educed & That will interest woman in So ere Next' 3 announcement you must realize rn style specialty store, and you r includes the most fdshionable app IORE, you must know that this is :rom former selling prices at whit reductions are GENUINE REI i frankly that we are now purchai I prices quoted here, you will real nore fully the investment opportu er this sale lies in the fact that v ove the merchandise AT ONCE, < lid values and hasten to take ac >ld. ED ITR Tit J \! now ..$19.50 Being: model sui r $32.50 . , ? by such nationals w $41.00 as Elickson. Mich; now. . .$51.50 These suits are *r now. . .$59.50 . . , tinetive materials OW... .$81.50 1 e f rich Curs of the \ w . . .S110.00 o . , Pru-ed originally t 'ED $275.00. SSOO.OO a now-. . .$39.o0 HALF PRICE. r $.-,0.00 ' $59.50 DRESSES r $69.50 w $85.00 Dresses, former ow. .$115.00 1 9 Dresses, up to ove w<-? offer 25 Dresses, up to 52 Dresses, up to ts with the opening T~X I 1 by reason 01 tne . be charged for extr il or C. 0. D. rery woman to com* ; sale. dally invite the visit advantage of thes< Fairfield 15,323 15,631 Florence 31,995 23,185 Georgetown. 2,844 2,982 Greenville 32,707 22,222 Greenwood 26,017 23,139 Hampton 9,222 18,330 Horry 5,466 3,955 Jasper 1,685 4,641 Kershaw 23,806 21,4c.y Lancaster 15,217 13,800 Laurens 35,624 26,304 Lee 33.37S 29,321 Lexington 20,356 25,293 McCormick 12,835 11,225 Marion 13,776 10,802 Marlboro 54,697 46,597 Newberry 23,441 24,804 Oconee 15.537 14,110 Orangeburg 70,312 63,191 Pickens 14,953 11,204 Rifchland 20,440 17,944 Saluda 18.491 20,158 Spartanburg 49,512 39,268 Sumter 36,698 35,746 Union lf.400 11,367 Williamsburg 19,293 19,250 York 30,301 21,908 FOR THE CHILDREN Toy War Rubber Balloons, air ship designs, different colors, with self closing valves. 5c value 2 for 6c at the Big One Cent Sale, November 27, 2S and 29. HARMON DRUG CO.. The REXAL/L Store. rH's /lost Modern L SHOP Columbja, S. C. Price i every well dressed iuth Carolina Friday, N( the high character of Suits, < nust know that ail merchandise arel for women shown in Columb i strictly a ONE PRICE TO ALL :h these goods have actually beer HJCTIONS. sing new goods for Spring at wh( ize that there has been no decline nity this sale offers. ;e find ourselves overstocked on even at a financial loss. Ivatage of them before stocks OfED SI'ITS CO Dresses, i And twe its and adaptations Dressy inc - famous designers ue!. Milgrim, etc. 4;. fme [>res idividual and dis- now and trimmed in 1(, nr_ eiy highest grade. it $225.00. $250.00. "V" nd $350.CO. SOW $5.00 to S: F REDUCT!) Your choi exclusive wc ly .$23. now .$21.50 son's mosl $38.00, row $27.50 models and $50.00. now.$41.50 OXE-QUAR" $63, now. .. .$51.50 reasonable s of our store Friday reduced prices, alt a and no goods can 3 to Columbia to atl ting school teacher* ; splendid sayings. IB in ii miiii i jinil \ *h mm iiii wiiFB?i?i ? MTDIH2E BLACK CREEK NEWS The health of our community is fairly good at this writing. Mr. R. W. Gunter, we are glad to say, is able to be out again." The new Methodist preacher of the Gilbert circuit was given a sound pounding last week. Welcome Bro. Johnson. H. A. and Mrs. Howard. visited {their son C. C. Howard last Sunday, j Mr. Thompson Rish on route 2 out j from Swansea, visited relatives here j last Sunday. Mr. Huchie Taylor, and family formerly of New Brookland, have moved in the Pondi'Branch section where they will make their future home. Mr. Morgan Kyzer. is the happiest man on Black Creek at present as another little dishwasher is hoarding at his house. | Last Sunday a week (Nov. 16th.) I 1 while Mr. Vance Kyzer and family were returning home from a visit his mule took fright at a calf and dashed 1 abruptly to one side, then pitched forward, throwing ^11 of the occupants (except Mr. Kyzer) off of their seats, ;a little girl and the three months old ? i j babe falling out of the wagon. The j little girl was uninjured, while the [ baby was instantly killed. The beI reaved parents have our sympathy. | November 2??, 1919. I > J ? Sale j >v. 28th I Coats, Presses, Etc., i offered is from our "I ia during the present store and that our | i marked during the | desale prices that are ? in the market 'and ; account of the mild | * A ! are broken and the j ' up to $70 50, now. .$61.50 ? > assortments, of fine j lading evening- and din- i very exclusive in style. I ses, formerly up to |100, i $79.50 ses, former'" up to $135. . $98.50 25.00 RJX>USES?ONE- I \ OIRTH OFF 2 ce of the entire stock of lists, including the sea- 11 : desirable materials. || colorings, now offered at ? rBR OFF the original I elling prices . ? r morning. No- I :erations, when be laid aside, tend the open > to take < i / \