The Barnwell people-sentinel. (Barnwell, S.C.) 1925-current, July 06, 1933, Image 4

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JULY S. 1883. Edith, the bright and beautiful lit tle daughter of a. B. Connor, Esq., of Allendale, died on Saturday of brain Yever. A match game of baeeb&ll was played At Willistcn on Tuesday afternoon be tween the WiPUston and Blackville nines. The score stood 25 for Willis- tan and 12 for Blackville. Physician* report an unusual amount <©f sickness throughout the county. We learn that typhoid fever is quite com- .moa In Wiliiston Township Mr. J. Wesley Hair, M«b. Edward Rutland And three children of Mr. Elli* Grubbs Imve died of that disease within the last week. Blackville.—Crops in this township are so promising that even the chronic grumbler finds no room in his heart for fault-finding. On Saturday Missoa Annie Farrell, Mamie Rush, Bessie Hammond and Carrie Kelly returned from Valle Cruds, where they have been at school for the last year. In the sweet bye- and-<bye they will be sweet girl gradu ates. A bane bail club has been organized, and is now ready to give #nd accept challenges. W. R. Kelly is president and Hampton Buist captain. JULY 2, 1908. Mr. J. J. Boyd loaded the first car of Wiliiston watermelons on Friday. The directors of the Bank of Barn well met on Thursday, last and declar ed the customary five per cent, semi annual dividend. • • Up to Saturday 60 car loads of cantaloupes had been shipped from Blackville. The less said about baseball differ ences the better for future friendships. The People, therefore, declines to en courage boyish ill feeling by publica tion of such news. Life is too short and strenuous to waste time and tem per in squabbling. Play ball, and for get the past. Marriages.— Married in George’s Creek township June 21st, 1908, by Notary Public W. S. Grubbs, Mr. Mel vin Grubbs and Miss Aggie Still, each of Barnwell County. Married in George’* Creek township, June 28th, 1908, by Notary Public W. S. Grubbs, Mr. Joshua Creech and Miss Maggie Still, each of 6arnwell County. , r Married by Notary Public W. C. Manuel, Mr. Frank Connelly to Miss Clara Harter on June 20th. Winners Announced in 4-H Club Contest Lorain* hears*, of Bamberg County, Wins First Place in Health Con teat. Sawyer Extends Time to Get License Tags Licensing Division Flooded With Last Minute Orders.—No Penalties Until July 12. Results of the District 4-H Club oont«»:a held at Winthrop College last week were announced Thursday night by Mrs. Harnett F. Johnson, State Girts’ Club Agent. In tW Health Oontrst there we e 96 entries form 38 courttes. Winner of first place m District No. 1 wraa Marjon* Jenkiaaon, x4 Sumter, and la District No. t Leewiae Keame. of Bambarg County. Tfcaea girU will be given trip* to the State Fair where the haakhieet of the two wHl be choaea to represent South Carolina at Ckicmgo next fall m a National com- aecood places ware won by Bryson, of Laurens, and Fran- «ae Mitchum. of Dortheeter. and third places by Winifred Price, of Saluda, amd Annie Blake Kelley, of krrehaw Honorary mention ams given to Jtan MrRea. of Dillon, and Bara Scarbor ough. of Rirhiond la the District Health Impr vement contest, fiist places werr won by Wava iee Moirts, of Wdliamsburg. an 1 Betty Walker, of Mr(.'.orTnM.k County; arcond by Keba Miller, of Di Ion. and Vera Peeples, of liampt.n, and third by Amur Lou Hams, of Union, and Clara Kinard, of CoHeton. la Unit 11 Foods—Fiist pieces were eson by France* Ringer, of Newberry, and Lc-uss* Bryan, of Graonwoud, narond by Helan Way, of Clarendon, aad Elbe Allen, of Allendale, and third by Margaret Baekin. of Lancas ter, and Ethel Redd, of Aiken County. !ln the District Dress Review, which was entered by twenty-four girls, the following were winners: - Pirat—Mary Dogema Powell, of Marlboro County, for fimt district and Mary Jonea, of Pickens County, fori .dMtrict No. 2. Second plac. * w<ht to Grace Parkea, of Flwrence County, and Margaret Church, of Anderson Coun ty. Third places were both ties— Gladys Bethune, of Berkeley, and Kdith Coggms, of Laurens, in Dis- jbiL-t No. 1, and Laurene Vain, uf Colleton, and Harriet Merritt, of Oiunee County^ in District No. 2. AH idfadrict first winner will be awarded dtrips to the State Fair in Columbia this fall ..when State winners will be chosen. - Results of Poultry contests will be .anmnunred later as only part of the -contest was held Last week. In the District Room Improvement ■contest the following’ were winners: .District Nc. 1, First, Elise Mae Tur- -ner, -of Dillon County; second, Doris sGaetex, of Lee County. District No. ’.2, first, 'Geraldine Graham, Colleton iCounty; second, Harvelle Roof, of EAxhjgton County. Methodist Church Services. ;• — ’There will be the usual services at the local Methodist Church next Sun- ah morning. Sunday School at 10:30 <az>i preaching by the pastor, W. E. \Vv .frina, at 11:30. After preaching Sv sera me nt of the Lord’s Supper *'**i , administered. Tf.ora will be no evening services at :?• M thodfst church because of the services to be held at the Bap- ■Z~f. • nurch. *'* v Because of the large number of un filled applications fer automobile driv er*’ licenses, Ben M. Sawyer, chief highway commissioner of South Caio- hna, announced Friday that cases would net be mad* against those not yet provided with aurh licenses until after July 12. The time for buying the lirensee e^ired June SO, but the motor vehicle divtaion was literally flooded with applications by mail and by person during the last several days, to such an extern that it was phyu- oally impossible to issue, prior to Jul) 1, all H canes a applied for. and hence It was decided not to make eeeee against any one. without auch license*, until after July 12. This additional tins* will allow the division to fill all requests. The announcement by Mr. Sawyer was as follows: “There is a large volume of unfilled applications for driven’ licenses and tMx-auft* of tha administrative conges tion in the motw vehicle division, the h.ghway patrol will n>t make any cases against delinquent drivers until t fter July 12. In the meantime all motor vehicle drivers are requested to make application for and secure their driven’ license*." No penalties will attach to those putting in their ^plications prior t3 July 12, Mr. Sawyer Mid. When the motor license division of a the highway department closed it* doors Late Friday night, more than 100,000 drive:*’ licenses had been is sued. The division anticipates that above 206,000 will be issued, all told. Vacancies Announced by Marines. A limited number of applicants will be selected for enlistment in the Unit ed States Marine Corps at the Recruit ing office, Post Office Buildmg, Sa vannah, Ga., during the month cf July. The Marine Corps maintains high standards cf educational and physical qualifications of those who are select ed foi enlistment. Only young men of good moral character are accepted for enlistment whose educational qualifications are equivalent to those of a graduate of a high school. Many Marines are selected fer sea duty on board battle-ships and cruis ers and are given splendid opportuni ty for travel. During an enlistment one will travel thousands of. miles and will visit many strange and interest ing lands. Application blanks will be mgiled high school graduates upon request. Returns to Hospital. The Barnwell County friends of N. Blatt, of pjiackville, will learn with regret that k was necesspry fot him to return to Johns Hopkjns Hospital at Baltimore, McL, this week for fur ther medical treatment. Mr. Blatt uncterwent an operation in the Mary land city about ten daya ago and re turned to his home, but his condition failed to show the improvement hoped for. He was accompanied to Balti more by his daughter-in-law, Mrs. Solomon Blatt, of Barnwell. Loans and InTestments Which Condition of a Bank Dapdnds Determined by the Kind of Busineas Surrounding It P OLITICAL and popular misappre hensions toward banking ars due to little else than failure to realize that it is what the people themselves do that the condition of banking reflects, and that banking cannot of itself reflect events and conditions other than those that actually originate from surround ing circumstances. Francis H. Sisson. President df the American Bankers As sociation, says In an article in Forum Magazine. The character of an Institution’s notes and Investments indicates whether it is in the farm regions, a manufacturing center, a mercantile neighborhood or a great financial dis trict. he says, and furthermore, besides identifying the Institution as to its locality, a study of its notes will equal ly clearly Indicate the economic condi tions surrounding it. “If a farm district bank’s note his tory shows that its loans rise and fall with the normal cycle of production and marketing of the products of the region, it may be taken as an index of economic good health for the locality,” he eaya. “But If. over a period, the loan volume shows a dwindling trend it may mean a region that is losing ground,— becoming exhausted or being robbed of business by another community. Or if a large proportion of the loans are not paid at maturity but are chronically re newed, or if itocks or bonds or real estate have to be taken as additional security, these too have economic sig nificances. reflecting perhaps crop fail ures, overproduction or inefficient, high cost farming methods in a highly competitive national or world market, such as wheat. Inevitably all these facta are reflected In the condition of the local banka. City Bank*. Too “If the loans of a bank in a manufac turing or merchandising field show a smoothly running coordlnattoa with production end distribution they, too, mirror a healthy ecoaomic situation. Or there may be here also signs that reflect growtag unfavorable condltioaa. each as excessive loan reaewala. over- enthusiasm end therefore over-expan sion of credit extended to makers or dealers In partlealar products, and sim ilar circumstances. Similar conditions apply to banks sags god la financing the sclivltiee of the securitise markets ‘The foregoing is merely suggestive of the laflalte aspects of the life out wardly surrounding the baths which form sad ooatrot their Internal condi tions. Although these facts seem obvi ous enough, the discussions end criti cisms that have raged about the hanks often appear to set them apart as some how separate from tho Uvea of our peo ple. casting forth a malignant influ ence upon agriculture. Industry end trade from forces generated wholly within themselves. ‘The truth of the matter is that the tale of the banka Is Inseparably inter woven with the fate of the rest of the people and of the nation. What hap pened to the country happened to the banka and what happened to the banks is in no way different or detached from what happened to the people. They are all pert of the same pattern, of the same continuous stream of events. No one element in that stream can be called the cause of business depression. “If the banks caused trouble to some of our people it was because they were irresistibly forced to pass on troubles that came to them from other people. These troubles impaired the values of their securities and customera’ notes— and rendered tome unable, In turn, to pay back to other customers their de posits that had been properly used to create these loans and investments. Unless these truths are kept continual ly In mind there is no su:h thing as approaching an understanding of the banking problem or of properly safe guarding the very heavy stake of the public in that problem.” INSURANCE FIRE WINDSTORM - PUBLIC LIABILITY ACCIDENT - HEALTH SURETY BONDS - AUTOMOBILE THEFT Calhoun and Co. P. A. PRICK. Maunr. ‘NOW I febT" ILL OF PEP” Aflac iking Lydia E. Pink- ban Vegetable Compound 1. « Statement of Condition June 30, 1933 - * ' • ,1- ■ ' V v \ '■v j* *■' RESOURCES: - V Doans and Discounts, made up of 46 different loans with short maturities $25,647.09 Distribution of above loans: , Notes from $ 1.00 to $ 100.00 ‘—20— .t $ 1167.72 > * Notes from 101.00 to 200.00 — 7-^ , T 1145.00 Notes from 201.00 to 400.00 -— 4— 1294.00 Notes from 401.00 to 800.00 — 4— 1925.00 Notes from 801.00 to 3000.00 —11— 20115.37 s —46— $25647.09 Security to above loans: Notes secured by Bonds and Stocks readily marketable-.$6634.00 Notes secured by Warehoused Cotton not exceeding , 6c per pound : 8055.37 Notes secured by other Warehouse Receipts and . Collaterals 6070.22 Notes secured by Two or More Signers 887.50 Notes secured by City Obligations 4000.00 $25,647.09 United States Government, State of South Carolina and County Bonds $42,025.00 Cash on Hand and Due from Bank* — — 95,820.27 Bank Building. Fixtures and Equipment ... 5,000.00 $168,49236 LIABILITIES: Capital Stock Paid in - -$ 25,000.00 Surplus Paid in ... — * 2,500.00 Undivided Profits 4,548.82 Reserve Fund .... ... ................ —. 1,778.82 Deposits Subject to Check ....... ... ...... .—... 110314 47 Savings Deposits .............. ............ .... 23355.18 Certified Check, - 191.80 Cashier’s Checks 305.29 $188,49238 PRICES | On All Grades of Paper' Are ADVANCING! Place Your Orders for ‘ . * * \ JOB PRINTING » / With Us Now and SAVE MONEY ./ The People-Sentinel Phone No. 89 • • • • Barnwell, S. C.