The Clinton chronicle. (Clinton, S.C.) 1901-current, March 13, 1919, Image 7
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COUNTY SELLS $150,000
OF ROAD BONDS
_ .
Building of Permanent Roads
to Begin at Onqe.
■. * ' ■ *
, /■ ■ ' " ■ ,
The (Laurens County Highway Commission, in session
Tuesday, sold $150,000 of the county bonds voted t^vo
years ago for permanent road improvement and an
nouncement is made that work will soon begin. Follow
ing the meeting of the^commission, it was also announced
that the county will secure iederal aid this year to the
extent of $100,000.
This»progressive step means that the building of per
manent roads in the county will begin at once. Approxi
mately 100 miles of road has been mapped out by the
commission to be built this year and the proposed line
covers practically the entire county. The lines to be
built first are: *
From Kinards to Fountain Inn through Clinton and
Laurens. *
Laurens to Ware Shoals.
Clinton to Musgrove Mill.
Waterloo to Cross Hi 11.
Gray Court to Woodruff Bridge on.Enoree river.
Owings to Reeves store.
Other lines will be decided upon later by the commis
sion and when the first intallment of the bond issue has
been expended, another lot of $150,000 will be offered for
sale in order to carry on the work without interruption.
The commission will employ expert surveyors imme
diately to begin the survey on the Piedmont highway.
The work will be pushed as rapidly as is practicable. With
the securing of a competent highway engineer, work will
go ahead on the proposed routes as announced Tuesday.
Mr. Geo. M, Wright of this city, one of the livest
good road Enthusiasts in the State, is secretary of the
county commission and expressed himself yesterday to a
representative of the Chronicle as highly gratified at the
progressive step just taken by the county.
No. 8041
REPORT OF THE CONDITION OF THE
First National Bank
At Clinton, in the State of S. C\, at the clo»e of business on Mar. 4th 1919;
r - RESOURCES:
Loans and discounts >473,057.43
Notes and bills rediscounted 97,640.45
X , 375,410.98
Overdrafts unsecured .‘ 7.344.08
U. S. Bonds deposited to secure circulation (par value) >50,000.00
U. S. Bonds and certificates of indebtedness pledged as collateral
for State or other deposits or bills payable. .6,000.00
Premium on U. S. bonds 56,000.000
Liberty Loan Bonds 3 1.2, 4, and 4 1-2 per ct, unpledged 2,500.00
Liberty Loan Bonds pledged to secure State or other
deposits or bills payable i.. 22,700.00
25,200.00
2,250.00
1,000.00
27,281.31
Stock of Federal Reserve bank (50 per cent of subscription)
Furniture and fixtures
Lawful Reserve with Federal Reserve bank .v v . ■ ■
T-BUD III VRUIt RT1 u Tl eta IT 1 u u n ts trtt tr iruiii iiaviuiiai tjairBrs
Net amounts Uue from banks and bankers........;..... 11,173.08
Total of Items ...: 59,069.84
Checks on banks located outside of city or town as reporting bank 93.54
Redemption fund with U. »S. treasurer 2,500.00
Total
LIABILITIES:
Capital stock paid in.... ... ,
Surplus fund v .
Undivided profits (5,563.81
Less current expenses, Interest and taxes paid 4,150.03
Interest and discount collected or credited in advance of matur-
i™ ity and not earned ^-^-.-.-. j-j , . .. ■ •, • • ■ ..y • • • • -
Amount reserved for all interest accrued
Circulating notes outstanding •
Net amounts due to national banks
Cashier’s checks on own bank outstanding
Individual deposits subject to check
Total demand deposits subject to reserve >213,209.98
Certificates of deposit (other than for money borrowed)
Total of time deposits subject to reserve 122,036.76
U. M. Bonds borrowed, i^pludlng Liberty Loan and
certificates of indebtedness without collateral furnished 5,200.00
Bills payable, other than with Federal Reserve bank, including
all obligations representing money borrowed
Bills payable with Federal Reserve Bank f ...
>556.149.75
>50,000.00
35,000.00
2,413.78
5,500.00
3.500.00
50,000.00
9,268.93
4,020.30
213.209.98
122,030.76
5.200.00
30.000.00
26,000.00
Total
>556,119.75
97,640.45
jaabilities Tor rediscounts, including those with Iederal
Reserve ban k
State of South Carolina, County of Laurens, ss:
I, Geo W. Copeland, Cashier of the above-named bank, do solemnly swear
that the above statemenl'is true to the best of my knowledge and belief.
Geo. W. Copeland, Cashier.
Subscribed and sworn to before me this 11th day of Mar., 1919
L. D. McCrary, Notary Public
Correct—attest: Geo. A. Copeland, R, Z. Wright, L. H. Davidson. Directors.
JUST ARRIVED
A full lot Beardless Seed
Barley, Sow now.
M. S. Bailey £ Sons
Piles Cored in 6 to 14 Days
Drottfate rvfond money If PAZO OINTMENT !Wh
to care Itching. Blind. Bleeding or Protroding PU-i.
Inmantly relieve. Itching Pile*, and you can get
xeatAiiuNP after the Ant application. PticoWc.
Colds Cease Grip and Influenza <
LAXATIVE BROMO QUININE Tablets raaaova tha
cause. There is only one >, BromoQeiai»e.’' E.W.
GROVE’S signature on the box. Me.~N.
M MMDS BACK
Chicago, March 8.—Early return of
the railroads to operation by the com
panies which own them and the pas
sage of constructive legislation to
enable private ownership to be made
successful were advocated .by Howard
Elliott, president of the Northern
Pacific Railway in an address before
the Commercial Club of Chicago to
night
Mr. Elliott presented some data of
contrasts between the situation of the
railways under private and under gov
ernment operation.
“The Pennsylvania system,’’ he. said,
“furnished 12.2 per cent of the total
ton mileage and 14 1-2 per cent of the
total passenger mileage of the steam
roads of this country. On December
21,1917, that system had 233,660 em
ployees, and on December 31, 1918, It
had 273,101 employees. Altogether the
ton mileage handled in 1918 was less
than in 1917 (the railways being in
the year 1917 under private control),
nearly 40,000 more employes were re
quired to handle the smaller volume
of business.
“These statements are not made in
criticism of the railroad administra
PURE BRED POULTRY
\ >
What Qemson’s Poultry Dhr-
sion is Doing.
Clemson a . College. — Improvements
are being constantly made in the poul
try plant operated by the Division of
Poultry Husbandry of Clemson Col
lege. The main object in establishing
this plant was to enable the students
taking the poultry course at the Col-
lege'to study and handle typical speci
mens' in the popular breeds of poul
try, and also to supply breeding stock
of high quality to the farmers of the
State and to others who wish to im
prove the breed of chickens kept at
home. •
The following breeds are represent
ed: Barred Plymouth Rocks, in which
both the cockerel-bred and pullet-bred
lines of breeding are being carried on
separately; Single Comb Rhode Island
Reds, White Wyandottes, Single Comb
Buff Orpingtons, Dark Cornish (Indian
Game), Black Langshans and Single
Comb White Leghorns.
Every specimen in these breeding
pens has been personally selected, and
many State Champiens, blue ribbon
winners, and fowls of exceptional
merit can be found therein. For ex
ample, the cock heading the first pen
of Rhode Island Reds is a brother of
the State Champion Male; the cock at
The Economy Shop
“Next Door tcfScaife’s Book Store”
announce their
tion or of members of it, but simply
to emphasize the point that the sys
tem of government operation is not
productive of the best results. With
the. same railroads a •little better
equipment in 1918 than in 1917, and the
same officers and men but with dif
ferent organization and direction, gov
ernment control had the effect of re
ducing that tireless rtrergy ahd indi
vidual initiative so important to the
success of an enthusiastic operation
of the railroads less than in 1917 and
was very much more costly to the
country.
“I can not believe that human nature
and the art of government have de
veloped sufficiently to make govern
ment ownership anc( operation suc
cessful today. I do not believe that em
barking on the sea of government
ownership and operation involves a
risk of shipwreck.
"The railway executives do not be
lieve In the regional plan under which
all the railroads in a given territory
are to be merged into one system. They
believe our geographical economic and
social conditions are so different from
those existing in foreign countries we
must solve our problem in our own
way and not adopt a plan because some
other nation may have experimented
with It.
“Small, unsuccessful and ‘weakli-
ness’ dependent upon their connec
tions with the great trunk lines, must
gradually be absorbed and become a
part of- the-larger- systems.——
“Regulated competition .especially as
to service, should be continued be
tween the great systems.
“What is called the labor question is,
of course, one of the most serious and
difficult confronting the whole world,
the railroads in"partlcular and there
must be a broad view of it and a spirit
or give and lake by all classes of
people. All good citizens;.desire to
see wages and living conditions im
proved but there is a limit to what com
merce and industry can pay and sur
vive. It is surely better to have rea
sonable wages and continuous employ
ment rather than to force wages so
high that industry languishes, for then
the wage earners themselves will suf
fer most of all. «
“Some have suggested that the gov
ernment guarantee a fixed return upon
railroad property. The railroad ex
executives believe a guarantee would
tend to reduce initiative and retard
efficient management and they do not
ask for it. Thy believe with ade
quate rates, reasonable liberty to act,
and good management, roads that
have been wisely planned, honestly
financed and well managed can sus
tain themselves.-
“One administrative step that might
be taken In the not distant future
would pave the \yay to return to pri
vate ownership and operation is this
suggestion and I believe it would help'
the situation:
“Let the president continue the cen
tral organization in Washington un
der a director general who with his
staff, will supervise the whole situav
tion, direct policies and make those
adjustment, /with the railroads that
will be required after governmental
control ceases. Thi' 1 central organiza
tion should direct the o^m-ation of the
#
roads through the con.ir'ies them
selves rather than through a system
of regional directors. In other words,
say to the board of directors and ex
ecutive officers of each company that,
from and after a given date they ere
to take charge of their properties and
lahTrgC; maintain anff-operate them
for the account of the .AIniied~fita
and as may be ordered by the presi-
• *
dent through the central organiza
tion.”
the head of the Barred Plymouth Rock
pen for producing exhibition cock
erels came froth Judge Cosh in New
Jersey at- a large outlay; the dark
Cornish pen contains females that
were never beaten In the shows of
South Carolina.
For four years Clemson College
bred the Tom Barron strain of heavy
laying Single Comb White Leghorns.
The stock and eggs of this strain have
been distributed over the State and
the females are certainly heavy egg
producers. However, there is one ob
jection to this strain of White-Leg-
-horns and that is their unfitness for
exhibition purposes. Since every other
breed of poultry kept at the College
is of the highest quality, the Tom Bar
ron White Leghorns with their big
combs, high tails and sometimes
brassy plumage looked entirely out of
place . - —— —— r
This year a breeding pen of the best
exhibition strain of Single Comb
White Leghorns has Just been ob
tained from the leading breeder of Il
linois. The male won second at the
recent Chicago Show in a class of
over three hundred Leghorns, while
the females are of the same high
quality. As many chicks as possible
will be reared from this pen so that
the flock of White Leghorns will be
built up to ite former number.
While it is not the intention of the
Division of Poultry Husbandry to
grow stock for sale or to sell eggs for
hatching, it frequently happens that
fine breeding and exhibition birds can
be obtained and also a few sittings of
eggs from some of these high class
breeding pens. That the farmers and
breeders of the State are availing
themselves of this opportunity to ob
tain the best breeding stock and eggs
is shown by the fact that the demand
Tar exceeds the supply.
Further information can be obtain
ed from the Division of Poultry Hus
bandry, Extension Service, Clemson
College, S. C.
if
Opening of
Spring Millinery
' . / . -»
Wednesday, March, 19th.
Everybody is Cordially
Invited..
Statement of the Condition of the
Commercial Bank
Located at Clinton, S. C., at the close
' .Statement of the Condition of
The Bell-Workman Bank
Located at Clinton, S. C., at the close
of,business March 4, 15)19.
RESO LUCES
Loans and Discounts $124,227.15)
Overdrafts % 9,778.33
Ronds and Stocks owned
by t he bank ■ 3.041.17
Due from Rks and Rankers 2.29(1.80
Currency' 898,00
Silver and Other Coin 1G3.22
Checks and Cash Items ( . 207.46
Total
-i
$141,172.17
LIABILITIES .
Capital Stock Paid In $ 1 o.000.00
Surplus Fund 1,000.00
Undivided Profits Less Cur-
rejut Expenses Taxes Paid 1,602.10
Individual Deposits
Subject to Check
Time Certificate
of Deposit v
Cashier’s Checks
‘8.442.91
9,282.05
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2,345.11 V -
- : 90,070.07
Notes & Bills Rediscounted 2,000.00
Bills Payable, including ^
Certificates for Money
Borrowed 31.500.00
Total
$141,172.17
of business'Mar. 4
1919.
RESOURCES
Loans and Discounts
$281,639.52
Overdrafts
5,576.33
Bonds and Stocks owned
by the bank
12,350.00
Furniture and Fixtures
2,996.00
Banking Ilo’use
0.00
Other Real Estate owned
0.00
Duo from Banks and Bank-
ers
19,408.71
Currency
(i,294.00
Gold
32.50
Silver and Other Coin
685.82
Checks and Cash Items
747.94
Exchanges for the Clearing
. House
0.00
Other Resources
0.00
Total
$329,-730.82
LIABILITIES
Capital Stock Paid In,
$35,000.00
Surplus Fund
12,500.00
Undivided Profits, less C
ur-
rent Expenses and
Taxes Paid .
8,099.55
Due to Banks & Bankers— 0.00
Dividends Unpaid
12.7)0
Individual Dejiosits Sub-
•
^ject to Check
139.069.68
Savings Deposits
3,045.65
Time Certificates of De-
| HIS it
85.231.10
Certified Checks
13.00
Cashier's Checks
1,245.86
Notes and Bills Redis-
counted >
8.000.00
Statement of the Condition of
M. S. Bailey & Son, Bankers
Located at Clinton, S. C., at the close
of business March 4, 1919.
RESOURCES'
M ** /
-I
Loans and Discounts $279,896.44
Overdrafts - 35,706.36
Other Real Estate Owned 328.82
Due from Banks and
Bankers
Currency
Cold •
Silver & Other Minor Coin
Checks and ('ash Items
*
Total
31,790.74
2.774.00
5.00
1,391.04
725.98
$352,618.38
LIABILITIES
Capital Stock Paid In $20,201.40
Undivided Profits, less
Current Expenses and
Taxes Paid 2,162.59-
Due to Banks & Bankers 155.60
Individual Deposits sub
ject to Check 224,106.27
\
Time Certificates of
Deposit 105,689.08
Cashier’s ('hecks 303.44
. ’ 330,098.79
*
Bills Payable, including Cer-
nrowc
Total
NONE
Bills payable including Cer
tificates for Money Bor
rowed k
Other Liabilities f
37,500.00
13.48
Total $329,730.82
State of South Carolina.
County of Laurens, ss:
Before me came F. M. Boland, Cash
ier of the above named baiTk, who, l>e-
ing duly sworn, says that the above
and foregoing statement is a true con
dition of said bank, as shown by the
Ixxiks of said bank.
F. M. BOLAND.
Sworn to and subscribed liefore me
his 11th day of Mar. 1919.
J; H. Donnan
Notary Public
Correct Attest; J. I. Copeland, L.
II. Davidson, II. I). Henry.
See the* Detroit Vapor Oil Stove. It
burns gas made from oil—no wicks,
more heat, absolutely safe.
_ S. M. & E. H. WILKES & CO.
State of Soutli Carolina.
County of Laurens, ss
Before me came C. C. Wallace. Cash
ier of the above named bank, who, be
ing duly sworn, .says that the aliove
and foregoing statement is a true con
dition” of said bank, as shown by the
nooks of said bank.
Sworn to hnd subscribed before me
this 11th day of March, 1919. .
Jodie A. Chandler.
Notary Public for S. C.
Correct Attest:
Jf. D. Bell,
C. R. Workman, *>
S. G. Dillard,
Directors.-
Th# Strong Withstand tbo Wintar
- Cold Better Than tb* Wank
You must have Health, Strength and En
durance to fi^ht Colds, Grip and InfluaMg.
When your blood is not in a haalthy
condition and does not circulate properly,
your system is unable to withstand the
Winter cold. ' -
GROVE’S TASTELESS Chill TONIC
Fortifies the System Against Colds, Grip
and Influenza by Purifying and Enriching
the Blood.
It contains the well-known tonic prop
erties of Quinine and Iron In a form
acceptable to the most delicate stomach,
and Is pleasant to take. Youcaneoon feel
its Strengthening, Invigorating EfflicL 60c.
LOST—One autofn o b i 1 e
crank handle.. Finder return
toD: E. TRIBBLE.
352,618.38
County of Laurens.
Before me came M. S. Bailey, Presi
dent the above named liank. who, be
ing duly sworn, says that the above
and foregoing statement is a true con
dition o! said bank, as shown by the
liooks of said bank. r
Al. S. BAILEY
Sworn to and subscribed liefore me
this lllh day of March 1919. •
W. C. Bailey,
Notary Public.
Correct Attest:
M. S, Bailev ...
W. J. Bailey
W. C. Bailev
OF DANCER TD
IliE HEART
I
Eggs for Hatching—Shepard’s strain,
S. C. Comb Ancona Eggs, $1.50, $2.
and $2.50 per setting of 15. One
fine cock just received from Shepard.
C. C. Bailey, Glinton, S. C.
New Perfected Tablets, Called
Aspitone, Free From Heart
Depressing Effects. Do
Not Upset Stomach.
Physicians amt druggists are very
enthusiastic over the new and imprvoed
aspirin tablets, called Aspitone, which
are slightly stimulating instead of de
pressing to the heart and should be
used especially for headache, neural
gia, rheumatism and other heart weak
ening diseases,*such as influenza, severe
colds and threatened pneumonia.
Many physicians are substituting As
pitone for aspirin in all of their prac
tice on the theory that even if the pa
tient’s heart is strong, there is no reas
on' to give a heart depressing remedy
when the same effects may be had from
the new Aspitone without^ the heart
depressing effect.
Druggists _report a large demand for
Aspitone tablets on account of the prev
alence of coldrf and-influenzu. They say
that the ideal treatment fox colds is a
laxative at bed time with one or two
Aspitone tablets to control the pain,
fever, inflammation and tendency to
ward congestion and pneumonia. As
pitone may be had at aH of the leading
drug stores' everywhere in sealed pack
ages. Price thirty-five cents. It is*
sold locally by T. E. Rhames, Sadler-
Owens, The City Pharmacy, aad
Young’s Pharmacy. w