The Camden chronicle. (Camden, S.C.) 1888-1981, July 10, 1925, Image 2
A Dollar Buys More Telephone
Service Than Ever Before
y$*l' the demand* for service in South Caro
lina will require additions and i eplacem< rit s fcp the
Vir telephone costing ^ppwiiiat^ly $645,880.
i'hi.s money mtlftt be obtained on the company'*
Credit. Ami, as you know, the credit' depends
largely upon the eafnin# capacity, as in any other
business, ?
? a
With the 'investment iti s? r\ ieo growing ho enor~
mougly eac h 'v?'iir the f?Vyestimtii{ j-? r ltdepbotie
.vt&tion lx nisi) Ini rapidly 1 ti!? s- th?rc ii
an lutT'MtiK1 m the rfti'^QiK* w r f *? i?- j?h? ? im- station'.- the
COOipftOy'A borfOWIttf < a|>.?<^H> . m <n?iif, will not he
strong enough t<* nttra< t foveatorit.
The telephone uidng pu b Me i# benefiting by the
growth of the aystem T|i?- #ervH?> ?? now better
than ev<T before, ami m iuoiv vain. if. !? to the indi
vidual ufcer a? .well a* to communitie& at large.
? s. . ? y
KcOnornleal management and. efficient workert
hav?? k ?- j?t the operating expenses at a minimum,
despite the increase of froth 100 to J4fc7 per eeni in
wagoa and taxe* over pre-war levels and an Increase
.of more than 6-r? i^?' een.fln the tost of everything
wlae which form* a part of th#? telephone plant.
Telephone rate* have not Increased '? anything Ilk*
a reaeonable proportion, and today your dollar buy* mora
telephone service than ever before In the hl?tory of the
telephone bu*lnea* In South Carollha.
Thl* problem .1* one of equat eoncerrt to telephone^
ua?r* and telephone company, but It* solution depend*
largely upon the public'* appreciation of its importance.
M. IJ. SPEIH, Carol in as Manager
' Bell System
SOUTHERN BELL TELEPHONE,
AND TELEGRAPH COMPANY
On* Policy, On* .Syttam, Univar?al Scrvicc
Celebrates ?Mlh Birthday
Miles Threatt, aged and highly ir- !
*pected citizen of Jefferson, celtjbrat- |
i'd his ninety -fourth birthday on last |
Friday with a big dinner given in his j
honor. Several hundred people were
present to honor the occasion and to ;
join with him in celebration of it.
Congressman \V. F: Stevenson of Che-,|
raw; State .Senator K. S. Stewart, of
Lancaster; and Attorney J. .A'. Massey,
of Kershaw, were the' speakers of
the occasion. W. H. Threat t, of Ker
Vhavv, attended but- his lister, Mr-.'
J,ou!a l'iy]ei>wa.s prevented from at- i
?ending on aceount.of <ickne>v.? Ker- I
'haw Kra.
I'alniefto Slate Ships Furs
Columbia, S. < I u I \- "J. ? Muring!
i he past trapping season slate taxes)
? ii furs and hide- amounted to
tt.'-i.dti, according t . . A. A. Kichard '
Min, chief -tate gamt w;u'dcn. Ship- |
?mnts of furs from the -tate i.'ulud- i
i<l I VI oiler or led to.\ -kin-, >><?
?- k u nl< -k'ii- and M.'.'.'fi opo-su'm or!
ouskrat -kin-. HPP larger part of'
' he shipment- wa- made '.?> we-'eu ?
.?id : <;thern fur houses.
Filling Stations That Fill Fruit JarP
The time has come when scores of
"filling stations" along the highways
art* menaces to the public welfare and
law and order. Any one who knows
anything about the filling station
business kn<?ws that it is ' an .over
crowded field today. Few of them,
outside of the towns, pay expenses
from the sales of gas, oils and ac
cessories. How do they live and pros
per? The next session of the legi.s?
lature ought' to give this matter some
\-eriou- attention and enact such laws
as will in-ure the filling stations be
inu run foj legitimate purposes only
and under strict supervision of the
police. For instance, is there any
one so. foolUh as to suppose that the
half dozen <>r more filling stations j
between the city of Hock Hill and!
the rivei bridge or the river bridge;
and the town i>f Fo^t Mill could do
enouuh legitimate business selling
gas and ??;! to pay the expenses of
keeping the ?tvern! places open? If
t h< \ are i ?>t living on the profit.-* of
vra.- and oil and tires, then what arc
t he \ l:v.ng mi ?- Voikville Kn<|uirer.
A BARGAIN IN RUBBER BELTS
\W ait- oltYrintf the very best Stitched Rubber
Belt at the following prices on the sizes shown, and will
-?-]] at thcM' prices as Ion# as what belt we have last:
3" 4 ply 25c per foot
5" 4 ply (a) 40c per foot
10" 4 ply ra 85c per foot
The above l- the vc! y beM Stitched Rubber Belt. We also
offer th<' following Radio Friction Surface Rubber Ik- ! t , which i<
a f i r ? t cla?* belt in every respect, and will make a special price
"f l.V per foot for the 1 p]y, this ^o':d at (jOc jn-t fv?ot.
COLUMBIA SUPPLY COMPANY
823 West Gervais St.
Columbia, S. C.
Overnight Motor Repairing
. A HEW GARAGE SERVICE
To tourists and automobile owifri of
* Camden i* now offers a t?er\ie? whereby
their cars may W repaired without inter
ruption to their daylight schedule.
By leaving your r?r at any hour of the
night at the Carolina Motor Company'"
slT garage it will he attended hy competent
mechanic*, if* ailments cur?d and roadv
for running the following morning.
ALL WORK GUARANTEED
%/ \ I'NDER DIRECTION OF
I. LANGSTON
Carolina Motor Go. Telephone 210
S.VM JONKS TRIES
TO BOB ROW $500.00
? IS I I KN'KI) DOWN
? ? ;
(The following is one of a series of j
articles Wued by the Public Edu- ;
cation Committee of the ^mcrican
? Banking, and fa here re
produced in order that the banking;
public, and tho; bankers cant better ,
understand one the other, antl creata
u eo-opWative spirit between deposi- 1
:0r and banket ) , i
. f? ?
The dialogue which is to follow, in
yvhieh Sam Jones Hies to borrow $500.
froitt a bank. without success, is in-"!
tended to ifiS'e information relative to
the extension <?{ eredit by bank-:
Good morning, Mr. Brown.
(Jood morning, Sam. flow's the .
grocery business ?y
Business is good but collections are
,? ^ 1
a little slow. In fact, Mr. Brown,
that's why I came in this' morning.
Lending any money today?
Yes, we're making loans. But you
sfty collections are slow. I thought
you were running a cash business.
Well, 1 try to run a cash business
but f found I had to give some credit.
How mucb do you want, Sam?
I'd like $1,000, but I" guess I can
get along with $500, which I must
have to make a payment on sortie
real estate 1 bought.
What collateral have you?
1 have no collateral, Mr. Brown,
but the teller thought that if I show
ed you a financial statement 1 would
not need collateral and here's the
statement ,'Fvc had an account in your
bank for j several years and I have
put in thousands of dollars as you
can see by this pass book. Besides,
1 have net worth of over $8,000.00.
1 surely am good fov $500.
Now, wait a minute, Sanv ? let's see
what our records show. By the way,
Sam, you've been in business about
two years, haven't you?
Yes, two years last October. You
may remember that my uncle left me
$10,000.00 and 1 bought this "grocery
business with it.
Yes, 1 remember that very 'well,
Sam. What you say about deposit
ing thousands of dollars is true, but
our rocords *show_ that your average
daily balance has been less than
$100.00, and your own figures on
your statement show a balance of
only $25.00 in your account today.
You probably do not realize that the
collection of thousands of dollars
worth of checks drawn on other banks
and deposited by you has actually
cost us considerable money. In fact.
Sam,' you have drawn checks against
these deposits before we hav6 had
time to collect them.
Do you mean to say Mr. Brown,
that my account has not been profit
able to you ^ '
? Well, Sam, we'll let you be the
judge of that. The large number of
items which you deposit each day en
tail- a g>eat deal of clerical work,
The fxpen.se of printing and supply?
ing you with check books and deposit
tickets and the cost of accounting
b*frtu-*- of Abe many checks you issue
is also considerable.
You understand, Sam. that thq
bank's chief source of income is de
rived from the interest received oil
f
loans. Now suppose ^that your ac
count with us had averaged exactly
$100.00 daily for the past year and
we had loaned all of it at six per
cent without withholding the neces
sary rc>erve, the income for, a yea*
\yould Ik1 six dollars. Now, the ac*
tua) tfgst to us of carrying you<
account has far exceeded that amount^
.Well, supposing you're right about
uly account; since you're in the busij
n ess of making loans and I have %
good statement, I presume I shaU
have no trouble in getting this loan.
Well, Sam, let's examine this state
ment. According to your own figures,
your net worth is now roughly $8,000 '
while at the time you bought this
business two years ago, you were
worth $10,000.00. which indicates that
either the business is not profitable
or you are taking more out of the
bu>iness- than it justifies. Apparent
ly, instead of progressing you are ?
losing ground. It would seem that
possibly you are taking capital out
of your business for speculative pur
poses as you? statement shows that
you own stock in the Hunkem Promo
tion Syndicate, the preenC value of
which you believe to be $1,300.00, and
which is $2,000.00 less than it actually
cost you; that you also own stock in
the Hokum Mining Company which
you list at $1,200.00, but which ac
tually cost you $4,000.00. This means
*hat you have actually lost $4,800.00
in highly speculative stocks. As a
matter of fact, Sam, I know some
thing about those two concerns and
I don't consider the stock worth any- j
thing.
We must therefore ignore this item
in your statement -which reduces your
net rth to about $5,700.00.
You? statement also shows an
equity of $2,000.00 in vacant real
estate which you have putchaaed oh
contract and which you may lost if
you should be unable to meet the
retaining p&jflMStS. ?
T? ?>??? ?!"> ?Mlorwd ? feMAttj
note as an accommodation for a
friend, which you may have to pay
if . he dot'# not.
Your current liabilities or debt*
that are costing due bqop* are greatej
than the accounts due to be pajfd to
you in the near future?.
You have no insurance, on your
stock of groceries* or on your house*
hold furniture and a fire might clean
si u <>uU You carry Hq life insurance
which fnight be used in the event of
your death, in paying what you owe.
All in all, you are in pretty bad
shape financially and worse still, you
do not seem to realize it.
Have you ever heard of the three
( V of Credit* Sum?
\.i sir. What are they ?
They are Character, Capital and
Capacity, Sam. You have the first,
which is very important. You havo
a good character ? one which would
entitle you to credit if the other two
C'a were .satisfactory; but your Capi
tal has been taken out of the busi
ness and used for speculation which
throws some doubt on your capaciay
for running a groeery business suc
cessfully. I am sorry, Sam, that a
mart of your character should lack
both of the other qualifications for
receiving anextension of bank credit.
You know that our loanable funds
do not helong to the bank but belong
to our depositors. The bank is merely
a custodian of the money and must
throw about it every possible safe-1
guard. It would not be right or I
proper for us t& Unci you our de- j
posit ors-* money under the circum- i
stances. , .
Ts a 'matter of fact, your propo- j
sition is a personal one-rather than
a banking one; however, if by cash
ing in some of your speculative in
vestments, you can improve your
statement, making it show sufficient
Capital and Capacity for your busi
ness, then a bank would be interested
in making such a loan as you require.
I have nevor had it explained to
mC in this way before, Mr. Brown.
I'll try to get this money from a
private source and also build up my
statement' as you suggest, so that
the next time I need money. I can
put it up, to you as a banking prop
osition.
. 1 hope you may, Sam. Let me know
how you get along. Goodbye.
Goodbye, Mr. Brown.
Judge Memminger To Europe
Charleston, July 1. ? Judge R.
Withers Mcmniinger of the Ninth
judicial circuit was very busy Mon
day clearing his office of- various
matters for his departure Tuesday
to New York, with Europe as his
ultimate (Testination. He will be ac
companied by Mrs. Memminger and
their son, Robert. They will spend
about two months in France and are
looking forward especially to a stay
with Judge Memminger's brother,
Lucien Memminger, United States
consul at Bordeaux. While Judge
Memminger is absent from his office
any legal questions that would nor
mally -require his decision will go
before judges of the neighboring cir
cuits. Upon his return in Septem
ber he will hold court at Union.
No comprehensive census has ever
been taken in China.
"It Does McfCood To Tell
k Fojks About Such a
Wonderful Medicine"
Declares Bolt
"It just does me good to fell
folks aoout something that will fix
them up like this Kurnak will," de
clares K. C. Bolt, of 860 Preston
St? Spartanburg, S. C.
'I had indigestion and constipa
tion ao bad the past seven years I
didn't know what it was to eat a
meal ami not suffer from, it after
wards. Food seemed like knots in
mv stomach and I would just bloat
with gas until my stomach felt
sore. I was in terrible shapes
"And my liver was so sluggish it
just seemed to have quit acting. I
was weak and run down from head
to foot, had headaches almost con
tinually, and talk about feeling
bad, I just felt terrible all over.
"Wh*ft 1 what this Kam?k
was doing for other folks, why,
?ou can bet 1 wasn't going on .suf
fering without giving this new
medicine a trial Ami I want to
tell you it's the finest I have ever
seen. I took Karnak ami the Kar
nak Pills, too, ami the bloating, in
digestion and constipation have
just been knocked sky high.
. "I just put away a big meal now
without it ever bothering me in the
least. In fact, it gives mo new
strength and energy and keeps me
in good working trim. Yes, sir, I'm
feeling great since taking Karnak,
that's all there is to it I don't
miss a chance to tell my friends
about, this medicine, and wish I
could tell everybody else about it,
too. It'll certainly, do the worfc
for them."
Karnak is sold in Camden ex
clusively by Zemp & PePass and by
the leading druggist in every town.
Public Health Notes
Two very successful Chest Clinics
were hold in Kershaw county this
week. These were held under the
auspices of the ?outh Carolina Tu
berculosis Association, antf. were made
possible b>* the sale of Christmas
seals last year. Mrs. Lee Caine,
medical field worker for the associ
ation, has ^been in this county for
some weeks working up these clinics
together with the local public health
nurse. At Kershaw on Tuesday (?5
were examined with 7 positive cases
and 2 suspected cases. In Camden
40 were examined and 9 positive cases
found and 3 suspected cases. Dr.
Clinkscales, the examining physician,
comes from Anderson and is holding
many of the Tuberculosis Associa
tion's clinics this year. He has had
special training along this line and
is an excellent diagnostitian.
The State Board of Health is send
ing their Baby Hygiene Truck to
Kershaw county the week of July
13th. The schedule will be publish
ed next week. This will give tht*
mothers of the coanty a chance to
have their babies and young children)
looked over so remember to look in
next week's paper for the program.
We are still in need of clothing for
children and babies. If you have any
outgrown clothing, kindly remember
to hand it on to some of our little
unfortunates he^? in Kershaw county.
MRS. LOUISE M. BROWN,
Public Health Nurse.
The General Steam Navigation
Company claims to be the oldest sea
going steamship company in exist
ence, having started in 1821 with twQ
Ftea-m packets, establishing a service
on the Thames Tjetween London
Margate, and Ransgate.
Prospecting for gold by airplane
is the plan of an enterprising miner
who frill fly over the Cassier district
of British Columbia ami when he see?
a likely looking creek will land and
look /it over. If results warrant he
will leave his partner and drop over
to Wrai^gell for supplies.
Taying Promptly
(From the Gaffney Ledger)
There are fashions in business. A
community can develop the habit of
prompt payment of bills, which will
actually increase its ? commercial
standing. One may ask the time
worn Question of how he can pay
hirii? His logic is correct; but the
principle to be followed by everyone
loses none of its basic forc? because
of the truism. Paying bills is like
patriotism; hart! to swallow when the
other fellow shirks, but it is (he,
business of each persort to show his
patriotic colors at all times regard
less of what the other fellow does.
In fact, that is the true test of
patriotism ? that is patriotism.
You may think you are held in
high esteem in your community. You
may have splendid worlds to yo#
credit. Yet if you are sloven and
neglectful in meeting your financial
obligations there is small hope for
you in the higher world of business
and finance. You have just about
"a r rived "C now, and just about to
reach your limit. You have reached
your saturation point of usefulness.
Further aspiration is merely the pro
cess of "kidding^-yourself." Besides,
there is a little black mark in the
backs of the heads of your fellow
townsmen that shows itself to them,
but not to you, every time they s&*
I you coming. This little black mark *
is hard to erase, but it can be.
When it is remembered that 90
per cent of .the business of this coun
try is done upon the strength of good
faith, confidence, and the seldom fail
ing and innate integrity of the Anglo-.
Saxon, we can appreciate what it -
means to the business life of every
community to take on. the habit of
promptness in the payment of bills
and the fulfillment of contracts. Pay
ing one's bills promptly grows on
the other fallow. He likewise wants
to keep up with the procession. Verily
his pride, coupled with his sense of
fairness, produces the correct, result.
Pretty soon the whole community w
begins to take on the aspect of in
creased activity and then comes a .
fuller measure of prosperity.
When you needlessly forego the
payment of a just obligation it is
the ybther fellow's credit you are in
juring; and the community as a whole
will suffer in proportion to the whole .
number of those injured "other fel
lows."
There is. no part of the world in
which it does not some time rain.
It may be a secret to some,
but a lot of our customers
know it I You can make most
any flock lay heavier when
you start at the right time to
feed the right mash.* Not
any mash, or your mash, but
the scientific mash. Pratts
buttermilk laying mash makes
the hens perform 1 It has the
proper ingredients ? in just
the proper proportions.
If you raise poultry this lay
ingmash will pilejKfip dollars
to dimes ia earlier laying ?
heavier laying? hens kept
healthy and? in shape to keep
laying. We seLLmore of it
every season, and to the same
. , ? r '
? people year after year- Feed
Prates buttermilk layiag
mash and we'll guarantee
results! Pratts baby chick,
food pays too. And) so does
Pratts growing r&ash* We
have them all.