The Clinton chronicle. (Clinton, S.C.) 1901-current, July 10, 1919, Image 4
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PUBLISHED EVERY THURSDAY
BY
. CHRONICLE PUBLISHING CO.
WILSON W. HARRIS
Editor and Publisher
Entered at The Clinton Post Office >a
matter of the Second Class.
Terms of Subscription:
One year $1.50
Six months 75
Three months 50
Payable in advance.
The Chronicle e^eks the co-opera
tion of its subscribers and readers—
the publishers will at all times appre
ciate wise suggestions and kindlj ad
vice.
The Chronicle is not responsible for
any unsolicited manuscript which is
not plainly marked with the name and
address of the sender and accompanied
by stamps for return. _ ,,
we know that he will make good in
this position. lie is a loyal Clin
tonian. a puhlic-spirited citizen, a
man of the right sort of ideas and
holds the confidence of the com
munity. He has a pretty thorough
understanding of what the town
needs and we know that this organ
ization will continue to grow -and
do a great deal of good for Clin-
N’o. 8041
REPORT OF THE.CONDITION OF THE
First National Bank
At Clinton, in the State of S. C., at the close of business on June. 30th 1019.
RESOURCES: • '
Loans and discounts . t $430,327.03
Notes and bills rediscounted 52.590.$.')
ton under his leadership.
PAY LOWER PRICE
FOR
FERTILIZER
Hake adl remittances to
Clinton, S. C.
CLINTON, S. C, JULY 10, 1919
8 PAGES
Department of Agriculture Makes An
nouncement.
Washington, July 2.—The United
States department of agriculture to
day announced that farmers of the
Southern States would obtain their
of 1919 at an average price of 30 per
mixed fertilizers for the fall season
cent, lower than the price which pre
vailed for the spring season of this
year.
This announcement for the South
ern States follows, a similar one made
for those of the North. It follows con-
lataacaa -.wlih.-Jjidiyldual.
turers.which placed the department in
a position to state that the basis price
of mixd frtiizers f. o. b. the South
Overdrafts unsecured :
U. S. Bonds deposited to secureVireiilation (par value) $.)0.000.00
U. S. Bonds and certificates of indebtedness pledgeil as collateral
for State or other deposits or bills payable. 0,000.00
Premium oii 0. ^. ImndsT^. . ..... .......
377,730.78
.. 2,847.52
56.000.000
Liberty Loan Bduds 3‘ 1.2, 4, and 4 1-2 per et, unpledged 7,700.00
Lil)erty Loan Bonds pledged to seoure State or other
deposits or bills payaMe > 61.800.d0
Y *
Stock of Federal Reserve bank (50 per cent of subscription)
Furniture and fixtures..,
•
Lawful Reserve with Federal Reserve bank
Cash in vault and net amounts due from national banks.'.
Net amounts due from banks and bankers ^
Total of Items 65,573.30
Cheeks on banks located outside of city or town as reporting bank
Redemption fund with U. S. treasurer
69.500.00
2,250.00
1,000.00
17,266.62
62,940.15
2,633.15
467.42
2,500.00
/
Total v
LIABILITIES:
Capital stock i>aid in .*
Surplus fund. .77. '.......I
Undivided profits 1,868.64
Less current expenses, interest and taxes paid
Ynleresf amrdrscoTiflT cmTerfed or cmJtted-ftr advance ormattir -
$595,135.64
$50,000.00
35,000.00
1,868.64
Yes, there are plenty of follows
who could teach a bettor stfliool
than those who teach, preaeh a bet
ter sermon than those who preach,
run a hotter business and publish
a better paper. Yes. the woods are
full of them, but they neithei
teach, preach, or run a better bus
iness or publish a better paper.
They are like the
—they toil not,
snin.
lillies in the neld
neither do thev
AYc had the pleasure last week
of attending the annual meeting of
the South Carolina Press Associa
tion held in Greenville, and greatly
enjoyed the little outing. A very
interesting and helpful program
was presented and the attendance
was the largest in years. But what
we started out to mention was the
hospitable in an nor in v which the
association was entertained by the
city of Greenville. The fellows
were given a big whole-soul wel
come on all sides, a delightful
luncheon by the Rotary’ Club, an
automobile trip to Hendersonville*
over the eourrty’s famous roads,
and an elegant “fried chicken”
dinner at thp Kentucky Home. The
sessions eloNed Wednesday evening
with an elaborate banquet and an
able address by Dr. W. J. Me-
Glothlin, the new president of Fur
man University. The city gave
the newspaper follows the most
royal entertainment possible and
splendidly maintained her repula-<
tion as a live, wide-awake and hos
pitable city. Up there they* call
themselves “The Pearl of the
Piedmont’’ and they have ja>t
cause for so doing. For Greenville
is’a “Pearl”, and omitting Clin
ton, we are ready to admit it’s the
best town in the State.
Atlantic and Gulf ports of Baltimore,
Norfolk, Wilmington, Charleston, Sa
vannah, Jacksonvile, Pensacola and
Mobile will be the same as the f. 6. b.
prices Batimora and Philadelphia
which established the prices for the
Northern States.
These prices are based upon deliv
ery in 200 pound bags. If in 164
pound bags 25 cents per ton will be
added; if in 125 pound bags 50 cents
per ton; and if in 100 pound bags 75
cents per ton. The prices are to
wholesale dealers and to farmers or
dering 30 tons or over.
In general, flat delivered prices pre
vail in Virginia, North Carolina, South
Carollfia, Georgia, Alabama, Missis
sippi. Louisiana east of the Mississippi
River, and Florida west of t^e Apa
lachicola River, for which a flat rate
of $2.50 per ton will be added to the
port prices. In all these States ex
cept Mississippi and Louisiana when
the actual freight is used.
In most cases a discount of 50 cents
per ton or f. o. b. factory price of $2
per ton is allowed at interior factory
points where delivery is made at the
waresouses. For Richmond and Alex
andria prices add_75 per ton to port
prices.
"When deliveries are made in less
than car load lots the difference in
freight is also to be added. In cases
where farmers buy in less than 30 ton
lots and buy through dealers the deal
er’s prices for handling the goods
(usually $2 per ton) is to be added.
These prices Include a 5 per cent,
discount of paid in cash on December
1, and usually an additional one half
per cent is granted for each full
month when cash settlement Is made
before that da^e.
Statement of the Condition of
M. S. Bailey & Son, Bankers
I.<ooated at Clinton. S. C., at the close
of business June 30, 1919.
RESOURCES
Loans and Discounts $363,509.33
Overdrafts 24.244.12
Bonds and Stocks Owned
by the Bank 1.600.00
()ther Real Estate ()wned 328.82
Due from Banks and . ^ *
Bankers 38.826.38
j Currency 3.216.00
Gold 5.00
Total
THE RETIRING PRESIDENT.
At the monthly meeting of the
Commercial Club held Tuesday ev
ening, the resignation of President
Geo. M. Wright was accepted,
though with extreme regret, j Undivided Profits, less
Wright will soon move his family! Current Expenses and
ity and not earned
Amount reserved for taxes accrued.
Amount reserved for all,interest accrued. .
Circulating notes outstanding
Net amounts due to national hanks
CashiePs checksum own bank outstanding
Total of Items.. 7,413.61
Individual deposits subject to check !
Total demand deposits subject to reserve $187,405.67
Certificates of deposit (other than for money borrowed)
Total of timfe deposits subject to reserve 139,739.92
V. S. Bonds borrowed, including Liberty Loan and
certificates of indebtedness without collateral furnished 39,500.00
Bills payable, other than frith Federal Reserve bank, including
all obligations representing money borrowed.
Bills payable with Federal Reserve Bank
5,500.00
3.207.80
3.500.00
50,000.00
2,415.78
4.997.83
187.405.61
139,739.92
39.500.00
10.000.00
62,000,00
$595,135.64
52,596.85
.Total :
** *V
Liabilities for rediscounts, including those with Federal
Reserve bank
State of South Carolina, County of Laurens, ss:
0
I, Geo Copeland, Cashier of the above-named bank, do solemnly swear
that the above statement is true to the best of my knowledge and belief.
Geo. W. Copeland, Cashier.
Subscribed and sworn to before me this 8th day of July. 1919
L. D. McCrary Notary Public,
Correct attest:—L. H. Davidson, B. H. Boyd, J. M. Pitts; Directors.
Statement of the Condition of the v
Commercial Bank
Located at Clinton, S. C., at the close
RESOURCES
Loans and Discounts $308,369.86
Overdrafts ' 4,657.61
Liberty Bonds ' 11,75T).00
Bonds and*Stocks owned
by the bank — '2,000.00
Furniture and Fixtures 2,994.(50
Due from Banks and Bank-
J. B. FRONTIS
JEWELER
CLINTON, S. C.
The custom of wearing only White
Shoes during warm weather is pleas
ant to follow, since it is founded on
comfort and good taste. We have a
delightful array of styles in White
Canyas Oxfords, Pumps and Shoes.
Smartly cut and nicely finished.- Mili-
tary and Louis heels. Price from
$1.50 to $5.00
Ask to see our line of Keds—in Pumps, Oxfords and
Tennis Shoes. Price from 75 cents to $1.75 the pair.
“BEST THING’S TO WEAR”
B. I KING
PHONE 45
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Currency
Gpld
Silver and Other Coin-
Checks and Cash Items
Other Resources
16,622.99
4,483.00
37.50
553.01
717.77
27.64
Total
$352,213.38
LIABILITIES
Silver & Other Minor Coin
Checks and Cash Items
1,869.58
109.37
$433,708.60
LIABILITIES
Capital Stock Paid In . $20,201.40
to Laurens on account of his new
business connections and it was for
this reason that his resignation has
befii handed in and 'accepted.
In the departure of Mr. Wright
from Clinton and from the presi
dency of the Commercial Club, the
city is losing one of its most valu
able and public-spirited citizens
and one whose ability has won him
recognition not only hero at home
but elsewhere. As president of the
Commercial Club he has faithfully
and untiringly worked for its suc
cess and is held in the highest es
teem by all the members. As he
goes elsewhere the best wishes of
his wide circle of friends go with
him.
Taxes Paid » 12,334.18
Due to Banks and Bankers None
Individual Deposits sub
ject to Check 289,890.59
Time Certificates of
Deposit 108,481.19
Cashier’s Checks 2,801.24
;■ 401,173.02
Bills Payable, including Cer
tificates for Money
Borrowed NONE
433,708.60
THE NEW PRESIDENT.
•Mr. B. H. Boyd, president of
the First National Bank of this
city, has been elected president of
the Commercial Club, succeeding
Mr. Geo. M. Wright, resigned, and
■j* „ > ■ '■
•A.
Total
State of South Carolina,
County of Laurens.
Before me came M. S. Bailey, Presi
dent the above named bank, who, be
ing duly sworn, says that the above
and foregoing statement is a true con
dition of said bank, as shown by the
books of said hank.
\ M. S, BAILEY
Sworn to and subscribed before me
this 8th day of July 1919.*
W. C. Bailey,
Notary Public.
Correct Rttesf^
M. S. Baity
, W. J. Baity
W. C. Bailey
» • ' f*Z
4 1,750.00
X
Capital Stock Paid In. $35,000.00
Surplus Fund - 15,000,00
Undivided Profits,, less Cur
rent Expenses and
Taxes Paid „ 6.210.25
Due to Banks & Bankers 766.04
Div klendsU* tvpaid
Individual Deposits Sub
ject to Check
Savings Deposit*
Time Certificates of De-
posit
Certified Checks
Cashier's Checks
Notes and Bills Redis
counted
BilL payable including Cer
tificates for Money Bor
rowed 44,500.00
141,740.62
2,639.01
85,185.10
. 13.00
409.36
19,000.00
Total $352,213.38
State of South Carolina,
Countyr*of Laurens, ss:
Before me came F. M. Boland, Cash
ier of the above named bank, 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
books of said bank.
_ L _ F M BOLAND. .
Sworn to and subscribed before me
this 7th day of July, 1919.
J. H. Donnan
Notary Public
Correct Attest: J. I. Copeland, H.
D. Henry, Jack H. Young.
Elmers Candies
Fresh and Fine
At
SCAIFE’S
AUTOMOBILE OWNERS
— We are glad to announce that we again
have with us Mr. R. C. Tidwell, the well-
known automobile expert, and shall be glad
to have you call upoq^us .when in need of
mechanical work. '
■ All work intrusted to our care will have,
as usual, careful and prompt attention. Our
line of tires, tubes and accessories is coming
more complete every day. '■ ~~
We have just installed the most modern
Tungar Rectifier for re-charging batteries.
This machine being able to charge at one time
ten or twelve batteries for which a nominal
charge is made.
. . . r -*—'•«?; , . •
We have just purchased the most modern
Weaver Tire Changer which enables us to
change tires instantly without battering rims.
Come see us—your business will be ap
preciated. 8
> *
Ellis-Hatton
“Let Your Motor Troubles be Our Troubles”
Clinton. - * * * South Carolina
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