The Barnwell people-sentinel. (Barnwell, S.C.) 1925-current, July 06, 1933, Image 4
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
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The People-Sentinel
Phone No. 89
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Barnwell, S. C.