The Camden chronicle. (Camden, S.C.) 1888-1981, May 14, 1920, Image 6
A CALAWITOl'8 OI'TMMJK
A writ**' in kunt w<M'k\s fUwia- of iln?
KUuntay Kvwtltitf INmI ?I?hwx m pli'turv
of pnvnwW it1141 future foftt) CUHrtttlotW
!u tl?i?4 country wlih'li. Jf fiiit? (Htf
W-SN It 1m)' outfit to tfivo <HUT poof** a
j.?lI Tills man'* ntory in <Jn- rcvult of
it i up of UMMilfliN Uinnnfli Mi*' fmrm
Inu of thr Middle II?
ML* nt UKHiMiiulh <?/ at>tui<l4iii'<l fiiriuM;
No. 4*?
STATEMENT OF THE CONDITION OF THE
MERCHANTS & FARMERS BANK
Located at Bethune, S. the Close of Business May 4th.
1920
Resources
I..,an aid I U.K.lint- woVnim
>??? MiraliS..111.4 Im IV. li. .11 . ?-!?
ami Sin. k? OwtiffJ b.v th< ? ' n,!rr'lit
Pilrnittits FiXlUft'i s ?
fillnking lli.nv. i, 120.00
ihic From Hanki and linnisrl ?V).021.4p
Currrii. v 8,104.00
(}o|<) - 187.RO
silver aid OIImt .Minor (V.in 1,242.77
<'|>?sk?> aid I'adi Jf^m* 5MV2ft
Total - * . 1IS.OO.H77
Liabilities
< ;.|.ii,ii Sii?<-H l'ai<l lii 1.0(000,00
Hunpliii Kqni) 1,000.00
I'ndividod I'rortfH. lew* Current 10ijipu?*h and To.tOH jmlil .'l,272.fW
In?livicltinl J)e|KMif.U ijluhjA't h> ('heck ?.K^.O.YT.HM
Having .... ,30.776.30
Time Cor'tlflcstps of Deposit .. ?... ....5,NOO.OO
Olihl^'n (Mii'cIm 1)7.50 ? I I !?,,*!*I ?4
To).11 .... , 14.'t.6(fl.77
Si li t*? of South Carolina. Couutjr of Kcrxhnw.
llefore mi* <*nnv?* J. I). Luffitte, Cashier of the dbofc named hunk, who
t?eintf dilly xworn. *?>* that the above ami foregoing utatement i* a true
< (iniJition of Haiti bank, as nhown by the Uioks of aaid bank.
.1. 1>. LAJWlTTB, Osahier,
Sworn l? ?nd Kubwribed before m<* thin 1 INi ?!?y of May, 1920.
Corn-it Attest J, 10. <\>]xtlnnil, Miik'W rn t?.
\V. M. Stevens
It. Ij. .lone* liiri'i'tont -*.???? , ,.?i. ; ?? :?^???
J. K. OopelHaid
No. 17.1 V
STATEMENT OF THE CONDITION OF.
THE BANK OF LUGOFF
Located at Lugoff, S. C. at The Close of Business May
4th. 1920
Resources
l*?ans ami l>i>couuts - . r ?40,743.00
Overdraft* 23.20
Furniture ami Fixtures , ......... - - ? 1.4HBJ0
IHh* I'wihUs and 1 .ankers ....? ?m- 22,022.12
< 'urreney - - - ? - ? 1,00^*00
Silver ami (Mlii'r Minor Coin. ? u ?- ?- - - ?? ? -t?>4.1 ()
Chook/* 'Hinl Cash 11? -j11^ ...v - .. 411.80
Total - ...J... . IW,743.13
Liabilities
('apital t"*tork INllO Im - $25,000.00
I'mHvlded Profit* I.?'ks Current KxpentipM iuimI Taxes Paid .1,383.20
Duo to Munks ami BunkflTB. - MJUtt
I mil vi<liih) Deposit* Subject lo Check - 32,704.01
Having* DepoM<1* ? - - - - - ^ 3,41)1.'KI
'rime Certiflouti** ?>f IVixwit 0,015.00
C^*J?fecS < 'hiH-'k-s. - - . . B.OO 42.215.OI
'iv,tHi . - - . _ -v os.743.13
Stale of South Carolina, County of lirmliHW.
IWnvi' iii?' oanie .1. II; W a Unci'. C.Hbier <if the almv.e. named hank. who,
being duly sworn, says that the above ii ii < I foregoing statement i< a true
condition of Mii?l hank, hk thowft by the books of said hank.
J. Jt. WAhhACK. ?
Swuru l?t and MihM'i ilwtl lu'lon- nic iiii* Ktli tIiij* of May. 1020.
l.-lin f{:ilmii. Jr.. .Vofarv Public.
Co i red AtiLcM
.fames MVumi
.?. M. Miukiiis Director
W. IT Tl I lor
No. 9083.
REPORT OF THE CONDITION OF THE
FIRST NATIONAL BANK
OF CAMDEN
at Camden, in the State of South Carolina, at the Close of
Business on . May 4th 1920.
Resources
I.OUIIS ami (llM'ountJ* .... . . 590,010.47
.Total loans x..-. 590,010.47 5DA.fll0.47
overdrafts. sveurojl *11.1(1,1.07; unssranMi. $1,524.50, - 12,029.03
IT. S. bonds deposited to secure circulation i|?nr value) . 50,000.00
II. S. ltomls Owned and Unpledged -- . ...... 35,500,00
War Mmvin^s <'ertifiontes and Thrift Htnmps actually owned 24.40 *5,ft!4.10
Moiuls other than U. S. bonds pledged to secure postal
savings deposits . " 2.000.00
StMMintif**, other than T S. Itond* < unpledged i 7.000,00 K.INKI.IK)
of Federal I{t"-i rvi1 Hank . _ 2,850.00
Vahio of hanking house 29.74K.7s 'JO.74S.7S
Kurnlturo and fixture* - . 3.S00.52
lawful reserve wlili Federal Kescrvo iwtnk . . -... 50.040.WI
? jisli in vault and not amounts due from National Ifcmks UH.092.7S
N'ot amount duo from hanks and huukoiv . 11.S7S.S2
< Mi<H*k? on hank- in the same c ity or town - ... .'I.S.IO.KI
MV?tal of !io>I three iPmv . . 12H.307.93
t >uMde check* and other cash items, - .... 1.S4C.35
Redemption fund with I'. S. Treasurer ... 2.500.00
i lllici i iivlnini'o Ihuid ac*"!... - 274.11
Total !?.M2.7.MS.2r>
Liabilities.
<Capital stock ,?aiil in ... 75.000.00
Murplns fund 'J5.000.00
I'ndlvlded profits . 22.117.<K<
l.e*?s current e\|H-nsfs. interest, find ta\?-s j?ii<I . 7.735.71 14.3S1.92
Inton^t and dls^'ouiif o<i!1?h? t? *?l . - - 3,000.00
\roount re.s^rveil for 'axes juvru'vl ...... - 1.515.73
Aiuoun-f ri^MTVisI for al! interest ;oi !iiei! . . 3,000.00
Circulating notes outstanding . .V),000.00
Ortjfusl chetks ont-tamlinR _ 453.S5
?-?<ihiei'ji checks no own hnnk oiit?fanding . . _ _ 1,554.42
Total of ih*i three item* 2.00S.27
l?einand deposits :
Tndlvhluni deposits vubjw t ttj rhork .... lOS,109.26
l>ivnh-n<ls unpaid . _ S.00
TotSl Ueiuand dopositv. 40^,117.20
Time deposits
Postal Saving l)eiH?sifs ? 452.74
* Hiier fimo deposits .. . - ....^ .. 349.37S.50
M'otal of time <U*i?osit- .'{49.S31JW
t'nitiyi States l)rj>osits
??fhor I.iahrlithi** : ll,*?*?rv???| f??r 1 >oprerlaf ion ... .. SS3.74
Total - W2.73S.2f)
< >f the total !.?uns and iii*<>onnta a how n above, the amount on which interest
was charged at rates in cirfM of tJ*ose permitted by law. exrlufrire of notas
upon which total charge not to rrefed ."hi tiuits was Tliado ww *54.20. The
Tiun>l?er <>f sucJi loans was 22.
Htate of SouCb Carolina, County of Kershaw.
I. S W. \'nn I.amhntrham, Canhirr <?f i tie above namfd Hauk, (k)
? ohoiiilj ?*"r that il.'- .-?bove <it*temet)i ?. i-w.* u> tbe bext of nvr Lnowledg*
*i!(f h'!i<-f
s \\ \ a i, I. A Nl?I NO H A M,
Cashiei
Subscribed and worn to before me (!>(< Mh day <>f May 1OT0.
Correct?Attsat: T r Hoi*h Notary P>rt>iie
C .1. Shaunon, J -
?lr?hn T. Maokos I 'irtx lor*.
W. .1 I ?mn
i4 (I???i?mm?hIh of or J km- ftirniH
(Imuii' ; t?t u KitDl rtli4?rt*l?v ??f mlllr
and rtvvlm*; of a hvuM'iuloiiM i*H<of
<'ro|*? and the of It afl In f*tat?
i-41 I" In- a (^1x4pOil llu' fariilH
I hi* > lioi Ijik*' tft S<N?,
<H*0 liii'li. Tlw <<41)14)1* rwpor ifs, now
IriK Immm) <lnHy, xhow. without
< \? < a tirim-ndou* UKfMW 1" tilt*
|Mt|?u1itllou of towns and oiftf*. Ah
I His IliH'll lilt t ioa into III)-.
? ? MlIIt r.%- of au> ;iiii?'IIii! iluriiiK tftfcM liMft
four y<Mr* Hii?? <??nnlu*ton lt? Imwltald*'
ttiuit t.ly Inciviix- in tin* |M>|>ul?tiiHi of
towns aiul ?'ltiU*i Imih <<?iih* sthinwt t*n
tlinl.v from tlif rural dbdrU'tn. miring
(Iio ww. aiul mIukv, tin* oHitw aw ?ffw
iii? uniifltird of W&g&i to utiMkLrUMl
\\x?rkom,uli<l that hasroUU-d tin* farm*
of I! undivdx 4if | hou<*ind?4 of farm work-'
? M*.
Tin- wplior i|uoti's a |H4M} farnuM
In Micirtgai). wtuiw tftroe Itoy* loft Win
to work lu tlu* oltta* at Id# wgijjtM, an
*a,vhiK:
"Who tlu- lu?W k<4iik to w<?rk thi*lainl
*\ ? ii I <Ioih '.' I I??\\ Hum rlty f?*UoW8
tO <Nlt ttMUt"
A*n*l HuH rnnK* ion 4h icoIiik to
? ?un|H'I wry MuioiM t hought If tho
ltMti >iii<I \v<>nkmi <*f tin- pr<>MMi( inniod
?| IV ? 21 IKt l>lf (if KivjjlK' I IllMIXfllt t<? II M\
thing tuivv i?h?H<*iiiv iinti
;iii(I iiHrursN.
i:\ci.\ man a ml w..inun In South OB*
vi?li. ji -hoiilil iva?l thut Nlmi'y, Nlai'liaifC
on fhi' otuhlli l*W of lust w<?<'k'w Sat
unln.v I QOitljt IN*4|,
Tli*' >ali? ni |n11111v of itJiiil story art-:
ll?- im'iitions <uio t>?wn in tlM??^rU ul
Jural sort ion of Kentucky In wJttfth
ii < iv iiiv hut t w ?? llOUfKV t tiwt-t iiiv not
tlx' home* of two familllivs.
Tlmt fa i in I mi ii< In iii tliv .\l \V<<*t
art- uotlhiK fi>?u to $110 .JMT 11?<??.11?
Unit fhfiv mix* viuvint fnnu
lkXMWt* In tlu* Ktut<? ??f Now York.
TJmf Plm IhxvinlM'r i?Ktlnm4o? of tUm
1'iiltwl States [H^vtrtuK'nt of Agrioul
Hire *h<>w <lmt there wore 11,719.000
ikiy* -Kwh of -wlirtor |dunto?l ?mu
in tin- Cnli <>f 1919, it at 2ft per
m u?. f??i III>t? *Milhv <01111 tjy.
i li.it the nuiuhor <?f hog* Jai U?<- I'nl
I, .1 Sl.11?? s IiimI I'a'Mon off
'I'lmt fitfimw from I mm n1m*\v?hI thai
l Ik- Slalt' ilwut mifforcd a Iohh <rf
(KM> ti*,000 iivttyc < mv*s 80,000 !*H\f
r.i 1)1 l? ?
'IHull lta<l M>.(NN> U'ss cal
III iud 101t(NM) iUtMM lutifM,
Tlwti tn every oity and town Jh.i Atmni
4vt. nv|Mi ??iit fow ox<viWk**?, the <?lty *h
OVOI VH?\V?I<<I with |H-<?|?W\ I I < >UHt \S <? V I V
where \ar<> at. a iwvmhuu. Oiewbuul
nts-.is \o,<hm> ii?ihh's. There ?re 60,000
Jiouiok^ In Milwaukee. <Thix*aKo kuul
Now Yoi-k havo tttu' great twt fiun
flu* In Martr Htotury.
An.1 a ii-ii ion w i<i<- ? iioi idK*' of fttrin
labor Is M*o miw of all tfhl* troubfc'.
Tlu? "Mm I io?ak" 1m nJmoat c.vthnrt.
TiM? lmi>oeta<nt <| neutron is, W.l 11 I ho
|hm>|Uo <?f Ainertefl?wake up to
??** #trlou?uw of tt? hH^,
witt tlHty wult uutkl a ixni riua^
(lu<iu to tl* |?u4tU <?f Uitcr hn*f
tmitft ? WUhhK* for ' IH- "IHvk jJ
of UKlfk?f."
We miiHt mulct* u vlufc* u-tw
v'Koo?V Fun uiwl WiuikUx."
r> * ? 1 '. . J * *? ' '
C1v? Children Orauiti^
v"; V-' j|lfj ' -J \ i . i
Mi . II. I- Uultaui, who rt*l<j,a ^
Itb?hol>vMI*\ wa? l'? tbfc <-ity yist)tt<
hih> UrfentW tlu? now* of ttM.- <l??th oCfl
negro t-UlMion who i^MunlVht,^
hoiwo by their mother.
Ilia W'HtUltllKton. bUlDeO l<> t)u?
\\(<l'iic?Mlay J?lK'ht. Tt* nuUhrr
away trow the ih,? m*4 J
alMHtt ? :Ht> Mir. iMlltuOt J
home to Ik* hi Maine# kuul nH
IfttfOlT they fOU'Ul 1?0 flHK'VUll. [(
m?p|M*s<Ht IlUXt the. VtiUUrea vr?^
at the time and that the f
m t?Khl firum the fhto ov fit* ^u%
Humtur llecaW.
9fc//tc*tx*xds&iaeJ'
Buy Anything Z Shackelford Stores
for a limited time (with absolutely no exceptions.)
. ? .' ...
And Deduct 20 to 33 1-3 per cent, from Regular Price
* ' ? ? ?! : ?' ? t \ ?, * . ?>.* < ?-*?'*.;'P:r.' -7. '? ? ~ .\ ?<3j6ii
Or one- fifth to one-third from the price.
Nothing Sold to Dealers.
Nothing Sold C. O. D.
Nothing on Approval.
Nothing Charged
A SPECIAL STATEMENT
To Merchants, Manufacturers and
Bankers who may ask the econ
omic reason for this inde
pendent trade movement.
Volume is the keynote of American
big business; The high cost of living
and the low prices prevailing in the
United States prior to the war were
made possible largely by volume?on
the part of the producer of raw mater
ials; the manufacturer of the finshed
product and the merchant distributor
to the consumer.
Today production is not going at
full capacity and the result is that
prices are high, with little real pros
pect of their coming down until pro
duction reaches a normal volume.
High prices cause a curtailment of
consumption, which in turn mean that
the manufacturer can not produce his
normal output with the expectation of
selling it at these high prices. Thus
the vicious circle is joined. In the ef
fort to make the first real break in its'
oppressive circle the. Shackelford
Stores with full knowledge of all that
it involves, have taken a step unpre
cedented in the history of merchandis
ing. * *
Though today manufacturer, mer
chant, banker, economist are all frank
in stilting that their judgements as to
the future prices are but guesses, the
Shackelford Stores offer their entire
stocks at one-fifth to one^third off.
The result of this offering no one
can know, but we have faith in Ameri
can business, and we believe by mak
ing this experiment some-thing will be
learned of the value of the governmen
tal, financial and mercantile interest of
the country. Very frankly, from our
own view-point as mer^jhants we be
lieve that the increased volume which
will come as the result of this lowering
of prices will enable us to justify the
losses taken on our stock.
We believe this is the proper time to
begin to reconstruct business on ..the
peace term basis.
THIS IS THE WEDGE?A SHARP WEDGE?THAT WE
ARE DRIVING INTO THE HIGH COST OF. LIVING WITH
THE HOPE THAT IT WILL SPLIT THE MERCHANDISE
MARKET WIDE OPEN AND LET IN BOTH LIGHT AND
REASON. HIGH PRICES DO NOT BEGIN WITH THE.RE
TAILER. THEY BEGIN BACK WITH THE INCREASED
COST OF RAW MATERIAL, WITH THE'RESTRICTION AND
HIGH COST OF MANUFACTURE, WITH THE TIRING UP
OF GOODS BY SPECULATORS, AND WITH THE UNSET
TLED CONDITIONS OF LABOR. BUT THE HIGH PRICES
>DO CULMINATE WITH THE RETAILER AND THE SLEDGE
HAMMER BLOW THAT MAY BREAK THEIR BACKBONE
MUST BEGIN AT THE POINT OF CONTACT WITH THE
CONSUMER.
* ? vr-Trr. p.'
You May Choose From Our Entire Stocks in Our Two Stores?
All at 20 to 33 1-3 Per Cent..'. Off
(With no exceptions.) ?
All kid, silk and walking gloves at 20 per cent, off
All women's neckwear at 20 per cent, off ^
All veils and veiling at ,20 per cent, off
All silk and linen handkerchiefs at 20 per cent, off
All belts at 20 per cent, off ||
All silk and feather fans at 20 per cent, off
All silk and leather bags at 20 per cent, off
All silk and cotton hoisery at 20 per cent, off
All boudoir caps t at 20 per cent, off
All kimonos and negliglee at 20 per cent, off
All muslin underwear at 20 per cent, off^
All silk underwear at 20 per cent. otLJJ
All wool and cotton knit underwear at 20 per cent, off '?
All middies and middy skirts at 20 'per cent off
All middy suits at 20 per cent, off
All smocks a? 20 per cent, off
All silk and cotton underskirts at 20 per cent, oftJQ
All corsets at 20 per cent, off ff
All corset accessories at 20 per cent, off J
All sweaters at 20 per cent, off p
All cotton top skirts at 20 per cent, off ^l!
All cotton waists, voile, etc at 20 per cent, off
All umbrellas, parasols and shades at 20 per cetit. off
All cotton dresses at 20 p& cent, off j
All silk and wool top skirts at 20 per cent, off
AH silk waists at 25 per cent, off ?
All silk and wool dresses *'4 a^ 33 1-3 off 1#|
An suits ZZ\?ZZZZ at 33 1-3 off J
An coats at 33 1-3 off m
at 50 per cent, off ^
Price# are not changed?you merely deduct discount of
of each price at time of purchase
?ftft
STORES OF COURTEOUS ATTENTION
Columbia, S. C. \V,. Greensboro, N