Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

THE CHRONICLE Strives To Be A Cleon Newspaper, Complete Newsy and Reliable Clinton If You Don't Read THE CHRONICLE You Don't Get the News Volume LI Clinton, S. C, Thursday, March 9, 1950 Number 10 Regular Chronicle Feature Buy-10 Investment, Babson Says Way to Go About Pick ing Them and Firms to Select Are Told. Bill Proposed For $50,000,000 Bonds For School Buildings i for the purpose of establishing a [school for law enforcement officers j ( in the state. The bill would appro-j , P pnte"$25,000 Jjir the expenses of the iJ school. » I The committee recommended that the money be appropriated in 1949- 50, rather than in 1948-49, the figures | in the original version of the bill. <! — I WE DO ALL KINDS OF PRINTING —EXCEPT BAD CHRONICLE PUBLISHING CO. I ± Dr. Fred E. Holcombe OPTOMETRIST Offices at 200 South Broad St. Office Hours 9 to 5:30 Phone 658 Special to The Chronicle. A Youth Program of Adventure and Achievement SIX-INCH SERMON enabled the disciple to speak to every person present, and it initiated a wide-spread* evangelism. When they THE CHURCH EMPOWERED who heard returned to their own Lesson Acts 2: 1-4, 14-17, 37-41. countries they must have told the Memory Selection: Acts 2:38. , gospel story to their people. The lesson tells of the founding of Peter, who had come into a natural the Christian church, by the one hun- leadership, preached to the people, dred and twenty in the upper room, instead of being drunk, as scoffers It was the fiftieth day after the be- charged, Peter declared that the dis- ginning of the Passover. In the mir- j ciples were having fulfilled in them acle worked, two things may be not- [he prophet Joel who wrote that God ed—the disciples were filled with the i n the latter days would pour out HoJy Ghost, and they spoke with his Spirit upon all flesh. There was “other tongues.” , never a greater sermon than that Pe- This fulfilled what Jesus had said te r preached. Three thousand people to the disciples: “Ye shall receive were added to the original one hund- power after that the Holy Ghost is re d and twenty, come upon you.” In the lesson we Thus was the Church prepared for find the mighty prologue of the Acts its great task of proclaiming the gos- the abundant reason for the great pel throughout the world. It is a task Babson Park, Fla., March 8.- Since my recent column recommend ing good fire insurance stocks as an Columbia, Nov. 8. Representative investment, 1 have c Wasson of Laurens county and i had many letters Representative Dusenbury of Flor-[ asking, “What else cnce county introduced a bill in the ! would you buy?” House of Representatives last week] Df course the t0 authorize the sale of bonds of the safest of all invest- state of South Carolina amounting ments is * well-lo- 110 $50,000,000, the proceeds to be cated, weLl-drained used for construction and equipment and productive soil. of Public school buildings. The bill Every family ought would provide that the question of to have a little of creation of such a debt be sub- this within a rea- fitted to the qualified electors of Roger w. Bebooa sona hi e distance of the state at the'next general elec- some community 5 ^ 0 ^ farme^^will ! ion ’ arK \ ^ nds w " u,d not ** have most of his assets in such land, ^sued unless the issuance were ap- bulldings and equipment. The re -j Proved by a two-thirds vote tired investor can afford to have ^h® bill states that the facilities about 25 per cent in good productive provided by the school buildings in j ancl 'the counties of the state are made- investors should have another 25 ^ t0 accomodate needs of the per cent distributed in cash, bank PUP***’ ^ deposits, life insurance and govern- __ j j r ment bonds. Notwithstanding all bill K6C0nH116nd6d For of President Trumans prosperity Lqw E n f orcement School activity recorded in the book. The gift of speaking' with “other tongues” too great for material strength. At present it is certainly a task too great. TEST-TWIST HOSIERY Each strand of nylon in every pair of tliesc lovely Mary Grey stockings has been Test-Twisted 1 _ ■ * to as^uie maximum snag-resistance, dullness, and elasticity. Ask for. them today in our hosiery department. SumereFs Dept. Store “The Home of Better Values” Clinton, S. C. promises, this country is sure to see some real trouble sometime. When this depression comes, stocks and I even real estate may sell at one half. present prices. The best way you can then help! alleviate the situation, is to begin now to store up cash for use then.) For every additional person who does this, the next panic will be so much less severe. Buy 10 Good Stocks This leaves 50 per cent to invest for income. Unless you have the help of a long established invest ment advisory organization, you had better not attempt now to buy for profit. It is okay to do this when prices are abnormally low and ev eryone is bearish, but not now. How- j ever, you now can get a safe income of 6 per cent on good securities; so why speculate? If interested, I suggest you buy 10 | different “hdme stocks” for income. I will now tell you how to seect them: Of course this will take a lit tle time on your part; but you spent so many years of hard work to make and save this money, you should be willing to spend one week to be sure it is safely invested. For this 50 per cent I am not recommending any bonds. Good bonds are now too high. I will assume you already have some good fire insurance stock. If not see my column of February 3. To start with call upon the super- | intendent of your telephone company and ask him what listed company controls his telephone company. If he doesn’t know, ask him to write his home office and find out. Then call upon the superintendent of your elecrtic power company and the superintendent of your gas com-^ pany and ask them the same ques tion. This will give you three stocks which should be good; especially if their representatives in your local- ; ity are men of high character. You probably prefer to use some special kind of gasoline. As the stock 1 of this oil company will be listed in New York, buy a few shares of this7Most all the listed oil stocks are good for income. You also should have some good merchandising stock Ask your wife which is the best grocery chain, the best “5 & 10” var iety chain and the best drug chain in your city. These stocks will, sure ly be listed. Your wife can watch them for you: but see for yourself that the managers and employees are good Christian people This gives you four more stable industries or u total 1 of seven stocks. Talk With Banker You certainly should have some bank stock. Call upon the president of your local bank. Don’t stand at the counter window, but go in and sit down with him some time when ; he is no*t busy. Tell him you would like to buy a little stock in his bank. Trust him' as to the price as it will not be a listed stock. If none is avail able, ask him the name of some large bank in some interior city which will not be bombed during World War III. Buy that bank stock whicn he recommends. This gives you eight stocks. Here are three more suggestions; Visit your superintendent of streets and get the name of the manufac turers of the best dirt moving ma chinery. These companies should have a good future. Visit your fire chief and get the name of the largest manufacturer of fire alarm systems | and buy some of that company’s stock. If you are a farmer you should know what company makes the best farm machinery’, trucks, etc. If not a farmer, you can ask some friends who are farmers. Then buy the stock of that harvester company. This gives you ten stocks and one alternate. After/* you have bought all ten stocks, you can write me if ( you ’wish, bqt NOT BEFORE! Columbia, March 8.-—The commit tee on education and public works of the house of representatives last week recommended that the house pass a bill by Representatives Char les Culbertson and Robert Wasson of Laurens county, to create a Jboard I £L EA N FUN By SUNSHINE CLEANERS SUNSHINE • CLEANERS "WlC^Vv QaJCJulij S FOR PICKUP AND DELIVERY - PH: 436 FLORIDA ST CLINTON,S.C. BARGAINS IN APPLIANCES! Only While Present Stock Lasts Can We Offer These Prices One Lot NEW RECORDS (Only 5 to a customer) 5 for $1.00 HEAVY DUTY FIRST GRADE Sloane-Blabon LINOLEUM RUGS 9x12 Size—Floral or Kitchen Designs Regular $12.95 value For $6.95 LONERGAN 60,000 BTU Size __ OIL HEATERS Console Type —Jtegular $129.95 For $79.95 HOTPOINT ELECTRIC WATER HEATERS 30-Gal. Table Top; for I $114.95 $119.95 $129.95 10-Gal. L T pright (2-Element) 50-Gal. Upright (2-Element) Whirlpool, Wringer Type WASHING MACHINES Heavy Duty, With Pump Regular $159.95 Value For SI29.95 HOTPOINT ELECTRIC REFRIGERATORS Bis 8 Cu. Ft. Model Only S224.75 ~ NEW 1950 HOTPOINT ELECTRIC RANGES Full Size — For Onlv $189.95 Empire Electric (8-Cup) PERCOLATORS Regular $10.95 Value For $5.95 Cash GRAYBAR PORTABLE SEWING MACHINES Regular $139.95 Value Only $99.50 CRQSLEY DELUXE ELECTRIC RANGES $289.95 Value For only $229.95 SUNBEAM TABLE LAMPS Regular $9,115 Values For $4.95 Knapp-Monarch Deluxe FOOD MIXERS Regular $37.95 Value Only S24.95 Cash • ! mf HOTPOINT. ROTARY IRONERS Regular $79.95 Value Only S49.95 ELECTRIC HEATERS From $4.95 up ALL REDUCED 25'; OFF LIST A COMPLETE NEW RECORD DEPARTMENT WE HAVE THE LATEST HITS — POPULAR, SPIRITUAL. BOOGY ANNOUNCING NEW RADIO REPAIR SHOP In Rear of Building ' . All Work Guaranteed. Prices Reasonable HOME SUPPLY CO. 104 W. PITTS ST. CLINTON. S. C.