Historical Newspapers of South Carolina

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MEET BROAD STREET LUNCH I ON TOP OF THE HILL I SLXM """"buruer Anywl.ere. M.lk?Bottled Drinks?Beer?lce Cree.n COURTEOUS CURB SERVICE OPEN UNTIL 3 A. M. iproved Business gen For Next Year tb only echoes remaining of the denthtl campaign, the United !8 turns its thoughts toward pros- i ; for the new year, now only two! hb away,?with definite lndlca-' that 1937 will be the best year,1 the standpoints of employment, I leas and industry, since 1929. j ius made on virtually all fronts, culurly during the last eight or' months, have created optimismJ ie minds of observers. And ah' gli tow are willing to make the J rtion that prosperity has returnill are hopeful that the improve-' t will continue., roundup of facts and figures from y sources reveals the gains that been made and defines the basis; jredlctions of a continued rise of! business index next year. | ctory payrolls have increased 113' lent since 1932, and weekly wages j gained 66 per cent iu the same . The Department of Labor es-' tes that 6,000,000 unemployed ! found industrial jobs since' :h. 1933, with industrial payrolls jr by 1,000,000 during the year J ug October 1 of this year. Mauluring employment, the departt says, now stands at 90.6 per t of its 1923-1925 average, ie national income, which totaled 1 100,000,000 iu 1932 and increased i3,000.000,000 in 1935, Is estimated , 60,090,000,000 for the year 1936. income of the farmers of the na-' has increased $3,000,000,000 in last year, according to estimates, dustrial production is calculated iave increased 75 per cent since1 depth of the depression, with the ' its of 2,000 corporations reported j the National City Bank of Now | i to have risen from $151,000,000 j 932 to $2,541,000,000 this year. j ( ways an indicator of business are ral revenue receipts, jderal revenue receipts climbed i $2,380,000,000 In the 1932 fiscal ' to $4,374,000,000 In fiscal 1936. | uring the first quarter* of the 1937 il year revenue collections in' ,sed 20 per cent, or $164,000;000, the t?dal for the same period a ' ago. 1 ^ jrporation income taxes ingreased i J 344,139, capital stock tax colleca were up $39,403,156; individual ?me taxes, up $34,488,801, and rcve- , iiue on cigarettes, $20,062,391 highei'. Taxes on liquor, gasoline, passenger automobiles and motorcycles fUso ( showed substantial Increases. He tail trade in cities and towns of the nation this autumn has been cousisteii11 \ better than at the same time ( last year. Department' store trade in l New York City is nine per cent high- ( er ami in Boston is up 11 per cent, ( with simitar Increases reported by mall order houses. ; , Christmas gift buying soon will give a seasonal impetus to retail sales, ^ ami n is of interest to note, incidentally, that Christmas Savings Clubs , this year will pay out a total of $43,- j 863,Out), an increase of more than $6,0f,0.0t>0 over the amount distributed iu 1935. Wholesale business also Is making 1 good strides, according to reports from various parts of the country. Wages in the meat packing Indus- , fry are 20 per cent higher than in 1929. A 54 per cent increase in butlding j activitiy iu September as compared with the same month last year is in- , dieative of the trend in this highly important industry. During the first uino months of this ,year permits ls811 o<l for buildings in cities of 10,000 ?r more population totaled $997,924,Oou. a gain of 71 per cent over the saiim period of 1935. The construction trade estimates j that there is a shortage of skilled building labor. Covering wider ground ln hs roundtfp of building permits, the National Association of Building i dollar VUIU oT" """n"te? ">?' tbe <?'?-) r:ri'r,ou it,,ii,, p cent ov?r last your 3ulJdi?K prospects for 1937 ar. '. " SUbsfailtlnl I. ' U,? for T;n:r~ ?*? >m?. the u??oclail?i, "Vu "ucr(i,ury he l,U8 aeeerteS. 8 ' 'he automobile lnd,,,,. r? , "88 h,KUU ...Odueuo "n 7,a; 7^/ H???tS5 the factories. l>'?>meul thee|?7Ul.Molor8 Cor"0?"'on, one ?r the tlih-7 m "'A nel<1' ruport8 that alhce 192, o ?f 'W Wtts "? heat he., n.oeo.oixi ii, rz period of 1935. yearnefl *T m?nth8 of the 000 tr,., etiiniugh wore about $70,000,year thaU f?r Sa,ne I)oriod ,ast '"Hie automobile industry will have a better bua|?eS8 yeaf have " lm" hvedicta Alfred P tore 7; Prc,il'lent Oeueral MoZd T, P,CtUre ,or the vear la good. he economic trend la up. arZ, I.*'6?"'0 P?Wer con8u"lp"eu stock m J l0adlngB are 8"d 'he stock market is good." > Not only i8 the freight ca'rrylng business of the railroads improving bin passenger revenues are rising as I The steel industry all summer and autumn has been working at or bet70 per cent of capacity, with unfilled orders large. United States Corporation reports the . best third-quarter earnings in six years and is considering increases in wages for certain classes of employes. In line with faster pace in steel production, both Chicago and Pittsburg reported better business generally. That the steel industry will maintain its stride into 1937 is the hope and expectation of most observers. Good Pecan Crop Brings Good Price Columbia, Nov. 7.?Both a larger production and a higher price aro in store for South Carolina's pecan growers this season, according to George E. Prince, chief of the Markets Division of the Clemson College Extension Service. The indicated production for South Carolina this year is 1,200,000 pounds as compared with 875,000 pounds in 1935. The five-year average for the state, 1928-1932, is estimated as being anly ?76,000 pounds. To the contrary, the United States crop is now forecasted at only 33.000,000 pounds as compared with 95,000,000 pounds iu 1935 and a five-year average of 60,000,000 pounds. "Most of the decrease this year is in the states west of the MisssissIppi," says Mr. Prince. "North and South Carolina, Georgia, and Florida have an estimated crop of 12,000,000 pounds this year as compared with 10,000,000 in 1935. The California walnut crop, which competes with the pecans, is estimated at 42,000 tons this year as compared ' with 52,000 tons In 1935. The almond crop is also shorted this year than in 1935." Reports received by Mr. Prince from receiving stations in South Carolina which plan to open in early November are to the effect that prices may be substantially higher than opening prices in 1935. Largest Slave Owner The slave owner in South Carolina with the greatest number of slaves in 1851, was Nathaniel Hey ward, who had 2,807. Planters in the coastal area owned greater numbers than planters away from the coast.?Greenwood Index-Journal. Not less than 61 persons lost their lives over the country the last week end by automobile accidents. NOW IS A GOOD TIME To Plan and Plant Your Shrubs. We have a nice selection^ evergreen nurseries ** NEAR FAIR GROUNDS Cotton For Roads New Use For Crop Approximately 8,600 bales of cotlou I wort- used iu experimental highway eonstructjou during the summer of 1936, according to u report from the Department of Agriculture received by County Agent W. C. McCarloy. The total was evenly divided between two projects under the current agricultural commodity diversion progiaius of the AAA. These projects iuvolve the use of fahrle binders for bituminous-surfaced toads und mats lor curing concrete, both developed as new uses for cotton by the Bureau of Agricultural Economics und the North Carolina Statu College. More than six million square yards of cotton, close on 4,000 bules, were used by 24 stutes in the fabric reinforcement program, enough for building 678 miles of new road, Between 4.000 and 4,500 bales of cotton were utilized in the construction of 80.500 mats for the concrete-curing project in twenty-three states. In 102G, the South Carolina Highway Department in tests with fabric binders in asphalt and tar surfacetreated roads found that the cotton membrane of open-weave construction, laid over tar-treated "top-soil" or old bituminous-surfaced bases and covered with asphalt or tar emulsions and crushed stone, definitely prolonged the life of the road with less raveling at the edges, fewer surfaco cracks, and less patching. The fabric also proved successful In maintaining satisfactory bituminous surfaces on flexible timber bridge floorings. Mats or pads simplify the problem of curing concrete by assuring proper moisture and temperature conditions. 1 he mats are made from a single-ply layer of bat or low grade cotton or cotton waste quilted between cotton cloth covers. Such mats retain moisture for a number of hours, are Insulators against extremes of temperature, and are durable, easily handled, and capable of repeated use. FARMERS OF SOUTH CAROLINA HAVE RECEIVED $40,000,000 Columbia. Nov. 5.?Farmers of South Carolina have received in loans approximately $40,000,000 through the various agencies of the Farm Credit administration in the slightly more than three years of its existence, according to information received today by I^awrence M. Pinckney, state director for the National Emergency Council. The first task of the Farm Credit administration after it was established on May 27, 1933, was to check the farm mortgage foreclosures which threatened the bankruptcy of the entire fundamental industry of agriculture. The agencies to carry out this work were the twelve Federal Land banks, and In South Carolina this was handled by the Federal Land Bank of Columbia. As a result the farmers of South Carolina were refinanced upon a long-term basis and with amortized payments which would permit the industrious farmer-borrower to repay his lopji at such time as the return of normal conditions brought him an income adequate to his capl-' tal expenditures and his labor. The bank in Columbia, over its sixteen years of service, had made 8/>83 Federal Land Bank loans to farmers of the state in the total sum of $22,942,460. From the beginning of its * refinancing program in May, 1933, through to the end of August this year, this bank mado 3,607 additional loans on first mortgages in South Carolina in the sum of $9,292,000. Also from an emergency mortgage loan fund established by Congress in 1933, this bank made 9,878 Land Bank Commissioner loans on first and second mortgages for $12,925,367. Thus, In three years, the bank extended an aggregate of farm mortgage loans equal to the volume of Its operations over sixteen years. Of every $100 borrowed $82 went Immediately to the mortgager's creditors. Commercial banks In South Carolina received for mortgages they held and for other debts a total of $3,132,200. Insurance companies got " $1,118,300 on repaid mortgages. Delinquent tax lists were reduced by $1,305,700. Other debtors had $8,865,900 of frozen assets suddenly liquidated. From May 1, 1933, to the last current report of the Farm Credit Administration, approximately 78,000 emergency crop loans amounting to $7,000,000 had been disbursed In emergency relief loans to South Carolina fanners having no other source of credit. . Geol-ge E. Allen of Washington, before the election, forecast results, his prediction being that Roosevelt would carry every state except Maine and .Vermont He says he visited twentyfour so-called doubtful states/ before making his forecast. He Interviewed all classes from bootblacks to bankers and politicians and then back In his Washington office, made up his fgrecast, which turned out to be exactly correct r U . . v? .c *v :. 1 -i-1 - -?1 ?5 2 2 Uncle Sam Is World's Biggest Landlord Foreclosure on loans on farms by Federal Lund Hunk* bus uiudo L'nclo Ham the owner of nearly 81.000 farms. Foreclosure proceedings Imve been ordered on 3d,257 additional farms whose owners have become delinquent in their mortgage payments Uncle Sum also has taken possession of 43,870 city homes whoso owners, after obtaining loans through the Homo Uwuuu Louu Corporation, iiavo failed to make their payments. Many thousands of other home owners with loans from the 1IOLC uro delinquent and It Is only a inattor of time until foreclosure proceedings will he instituted against them. The United States IJulldlng and Lonn League estimates that ut least 200,000 homos out of the 1,021,(,00 mortgaged under the 1IOLC so fur, will probably be lost by their owners because tiioy cannot or will not meet (he payments they contracted to make. Up to January 1, 1035, tills federal loan agency was lenient with delinquent home owners as only thirty foreclosures had been authorized prior to that date. Hut the year 10315 saw the number of home foreclosures Jump to 4,440 and for only eight mouths of 1030 there wore 30,400 foreclosures. One reason for the leniency of the government before 1935 was due to the fact that puyment on principal was exempted for three years on request to the HOLC on all loans made prior to the spring of 1034. Muny of these extensions of time are now expiring. The total amount of loans obtained by home owners through the HOLC is now in the neighborhood of $3,000,000,000, with delinquencies to date of approximately $700,000,000 or about 24 per cent of the total involved. A strange fact reported in connection with HOLC loans is that a great many delinquents seem to believe they are not really obligated to i ay up, that Uncle Sam Is a sort of a "rich old grandma" who doesn't care much whether the grandchildren live up to their financial obligations or not. Now, however, many of these slow payers are finding out that Uncle Sam can be as hard a taskmaster as any private mortgage holder, anxl that he expects borrowers to puy back what he lent them, just as they agreed to do. PREDICTS POPULATION WILL REACH PEAK IN 1950, A declining national population is Inevitable within fifteen years unless the birth rate should rise or immigration increase, according to Dr. O. E. Baker, of the bureau of agricultural economics. "The birth rate has declined more than 25 per cent, during the last ten years. If the birth rate continues to decline at this rate," Dr. Baker says, "a maximum population will be reached by 1945 or 1950. Thereafter, the population will decline; declining slowly ,at first then at an accelerating rate." A declining national population,"' with rural surplus and urban deficit in births, will have serious economic and social consequences in Dr. Baker's opinion. These consequences will develop slowly and silently, he predicts, adding that it probably will bo twentyfive yefirS before many people will realize what Is taking place. "Fifty years from now," Dr. Baker says, "there may be only a third as many children In the nation as now, and only half as many women of child-bearing age. There will be nearly three times as many old people. Many unemployed urban people will seek shelter and sustenance with relatives and friends on farms. Many of these people will start little farms, never again to return to the cities to live. "Millions of farms youth will migrate to the cities, many of these migrants will inherit farms, or, through the settlement of estates, acquire mortgages on farms. Wealth-?represented by the ownership of land or the Income from It?will be transferred to the cities."** Dr. Baker says that other millions of farm youth will begin farming, mostly on farms vacated by the death of aged farmers. Unless these farms are acquired by inheritance, he do-1 clares, there will be an increasing number of tenants.' But there Is a way to retard these ominous developments, in tho opinion of this economist. "They can be retewled," - hfr says, "fay ? rapid 'doceu* tr&Hzatlon of population, industry and commerce, by the spread of part-time farming, and by an appreciation by the middle and upper classes of their responsibility for tho reproduction of I the race and the welfare of the nation." B. L. Posey, shipping commissioner, suggests the formation of CCC units on ships, as a means of preventing strikes among crews of American hips. ' % T~ v v ?r?\ 1 r-y*. " V Catoe Brothers Store Disastrous Fire I,oss From its threatening aspect and the volume of the financial loss and tho I proimrtion of inconvenience occasioned thereby, Kershaw has not experienced In quite a long time audi enormous damage us w#s brought on last Saturday when the large twostory department store at Catoe lb-others was visited by a destructive lire. The hre which originated In the furnace room below tho store, 1h sup posed to have caught very soon after the furnace was tired up for the l'rst time thin season on that morning, and its presence was discovered only after smoke began to enter the store rooms above, and filled it quickly almost to suffocation. The flro department being summoned was quickly at hand and poured a steady stream of water into the building throughout the day and into the night without cessation but tho inside of tho building and th^ contents whieh filled both floors were a complete wreck when the fire wus finally subdued. The fire loss will ho most difficult to approximate with any degree of accuracy, but will reach well above fifty thousand dollars or more, only partly insured. The storo was lll'.od with fall stocks of itH general merchandise in anticipation of tho fall trade. It will bo quite a while before business can be resumed as no building is available here at tho present for the purpose, and tho amount of work needed to recondition tho storo rooms will take quite a while to restore them to usefulness. Both heat and smoke damage in addition to what was burned pile up tho amount of lossage. All these combine to Bwell the loss to large proportions, and these valuable citizens and popular business men have tho sympathy of their fellow citizens In this calamitous loss which has tyefallen them so suddenly and swiftly and who wish them every success In the effort they will make to retrieve their losses. Had not the fire been held within the building In which It originated the postofTlce building and the Cook & Love store also might have sultored from the fire, as they were joined on the east side.?Kershaw Era. Quintuplets Born To N. C. Mother . Durham, N. C., Nov. 6.?Duke hospital physicians tonight said a wh|te woman whom they declinod to identic fy gave birth today to quintuplets, all of whom were dead at birth. Hospital officials said the babies were born prematurely to a woman of "a nearby town." Doctors said the condition of the woman, mother of a 10mohtfts "old child, Is "good." Americans consume a great deal more fruit than do Englishmen. ? * Night Club Operator Is Slain By Robbers Covington, Tenn., Nov. 7.- Pundits shot and billed Clmrlio Cianciolft, 36, operator of (ho' Golden Slipper Night Club, (1ftunit inih'8 Hottth of hero, early Saturday. Officers found Oiuuclola dcud In a bedroom to the rear of the night club. Ho had bo/pn slugged aovoral tlmoa and shot once through the head. A helper at the club, William Jennings, told Sheriff Vaugluin ho und Cianciola were hold up by two white men and a negro. The Intruders obtained $60. three slot machines, a wrist watch and a pistol, he said. To Meet With Cedar Creek The Lee County Singing Convention will meet In tt? 139th session on Sunday, November 15, at 3:30 p. m. with Cedar Creek Baptist church, situated six miles west of Blshopvillo on tlie Camden highway number 34. A special invitation to all singors and a warm welcome to all.?L. A- Moore, president. i Mrs. Nanny Wood HonoyratTif' will represent the third district of Oregon, in tho next congress,- having been elected In the Democratic landslide of lust Tuesday. associated chartttes itfport Tho following is a report of the Associated Charities of Camden-Kershaw county for September, 1936: Balance from last month ..$1,444.87 Receipts this month 105.00 $1,549.87 Paid Out Water and Light .. .. . .$ 7.97 Holntz Corporation 7.51 Rent .. 6.00 DeKalb Pharmacy 16.73 H. O. -Hastings 4.94 Gulf Service Station 8.24 Plowing 1.00 Telephone service 8.34 School books 5.59 Citron & Co, (dry goods) .. .. 15.00 Onion plants 4.00 $83.32 - Paid Out at Homo Groceries $ 84.29 Milk 35.20 Labor and servant hire .. .. 94.00 $213.49 Total paid out .. $296.81 Balance .. .. $1,253.06 DeKALB PHARMACY camden, 8. c. II MONEY TO LOAN We are in position to make immediate Loans on DESIRABLE REAL ESTATE Investigate our easy payment plan Wateree Building and Loan Association First National Bank Building Camden, S. C. Telephone 62 * For Sale For Trade LIVE STOCK Mules and Horses I JUST RECEIVED a carload of fresh I western mules. Some very fine mated ! pairs. Come look them over?-our I prices will please you. f- TP i I Jno. |