The Laurens advertiser. (Laurens, S.C.) 1885-1973, September 19, 1917, Image 9
'No. 10c0i Report of Condition of the
Enterprise National Bank
At Laurens, in the State o 1. C., at the clome of busliess on Sept. I 1917.
IWNSOURCI0S
Loans and-discounts.........................$352,261.70
Notes and bills rediscouinted 'other iian bank accept-$2 .
anes .old)........ .''''.''''.''''.''--.'' 21,727.39 $327.534.32 y
Overdrafts .............. .........................000.00f
liberty Loan Bonds, unledged ''''.''''.''''.'''' ....'' -. 10,000.00
eeurtiles other than U. S. bonds (not including stocks) owned t
unIpledged..... .......................................2,500.00
tocks, other than Fe'deral Rese'rve [lank stock- -...... .... 1,000.00 f
Stock of Fedoral Reserve Bank (50 per cent of subscription) 3,750.00
Value of bani(ng house ..............................22,466.16
'Furniture and fixtures .''''''-. '.. ----.----.... .... .... .,600.001
Real estate owned other tian bankIing house .... .... .... 1,030.18 t
Lawful reserve with Federal 'Reserve Bank .... ..... . ......10,997.87 t
Cash In v+1ult and net amounts due from national banks -..1
Cheeks on other banks in the same city or town as reporting bank 132.44
Checks on banks located outside of city or towh of reporting bank
.and other cash items ......... .... .................... 47957 c
N
Total ...' '''' .... .... .... .... .... .... .... ....$4 2,255.75
1,1ABIIATIES:
Capital stock paid in ....t................................$100,000.00t
Surplus fund .... .... ........ ......-. .... .... ..... .... 25,000.00 "
UIndivided profits .... .... ... .... .... .... .... ....$28.832.55
Less current expenses, interes, !nd taxes paid .... .... 12,581.53 16,218.02 n
Net amotuit due to Federal 1H ,erve lank, Letters for Collection 2,59.29
IDemand deposits subject to Rleserve (deposits payable within '
30 days): '
Individual delosits stbject to check .... ................ 98,720.63
Certiflcates of deposit (ie in less than :10 days (otlier than fi-l'
m1oneC1y borrowed) .... .... . ... .... .... .... .... .... 12,889.98
Cashier's (hceeks outstanllding .... .... .... .... .... .... 258.81 a
Dividenis un paid .... .... .... .... .... .... .... .... .... 1.11.50 b
Total demand deposits subject to Reserve ....$112,010.92 V
'ime deposits stbject to Rleserve (iPayable after 30 days, or subject )
to .10 days or more notice):
C(rtificates of deposit (ot her tItan for itoneiy borrowed) ....
Other time deposits .... .... .... . ... .... .... .... .... 68,950.8.1
T'otal of time (leposits sublject to lieserve ....$156.'17.52
1ills payalge. other thIan with Federal RIeserve 1ank, includiig a
all obligations re:resenting money borrowed, other than re
iscouts...- ' . ... ........-' . ... .... .... .... .... 20,000.0
Total........................................$3225 --.-7
Liaabilities for rediscounats, inleuiing those with Federal Reserve n
lank ..... .... ................................$ 21,727.3R
State of South Carolina, Couity of Laturenls, ss:
I, C. -F. Roper, Cashtier of the above-named bank, do solemnly swear that
the above statemutent is true to ithe best of my knowledge and bellef. t1
C. ]I. 11011h1t. Cashier.
Subschibed and sworn to before mie ith Is 18th day of Sept.. 1917. .
I,. G. Hal le, Notary Public.
Correct-Attest: 0N. It. I)ial. C. '. Kennedy, . M. Wilkes, Directors.
No. 1I,02 Report of Condition of the
Laurens National Bank
.it Lanurents, in tIhe State of S. C.. Ilt te close of bu siel'ss otn Sept. 11, 1917. o
Loants antd di secunts ............................$185.56 1.15
Notes and bilis rediscotutted tother than bank acept
altes sold) .... .... .... .... .... .... .... 21,185.07 $i6 ,37I.38
Overdrafts .... .... .... .... .... .... ........ ..... ......... .-b . 1
wii De y a n11s11 M S, tinpletge i .... .... .... . ,.. .... .... 5
Securities other than 1I. S. bonds (not. I nclurding stocks) owned i
tintpledged ---. .... .... --.. .... .... .... .... ,... .... 10,550. 0)
Stocks, other than Federa l if Reserve Bank stock .... .... .... .. 2,860.00 0
Stock of lederal teserve Iank (50 per cent of subscription) .... 2,700.00 s
Value of banking house .... -... .... .... .... .... .... .... 22,227.05 h
furnittile and fixtures - -.... . .. ... .... .... .... 3,612.50 "
Real estate owned other than I ankingt hous .... .... .... .... 174.02 C
Lawful reserve with Federal Reserve Bank .... .... .... .... ..6,5.55
Items with Federal Reserve ihank in process of collection (not C
available as reserve) .... . , .... . . . . . . .... I,.803.23
('ash in vault and net amounts due from national banks .... .. 12.298.1
Checks on other banks in the same city or town as 1eporting bank 236.14 1
Total of above three items .... .... .... .... .....$14,337.63
Checks on banks located outside of city or town of rop6rting bank
and other cash items .... .... ...... .... .... .... .... .. 633.42 c
Total ................ .... .... .... .... .. . $234,427.90 e
LIABILITIiS: 0
Capital stock paid in .... ........ ............ .... ....$ 50,000.00 it
Surilus fund ..... .... .... ........ 10,000.00 c
Undivided profits .... .... .... ................ ....$6,314.15
Less current expenses, interest and taxes paid .... .... 1,659.28 4,651.87
Net amount due to banks and bankers .... .... .... .... .... ..2,443.19
Demand deposits subject to Reserve (deposits payable within G
30 days): d
Individual deposits subject. to check .. .. ........ .... . 55,995.05
Certified checks ....... .... .... .... .... .... ........... 75.00
Cashier's checks outstanding .... .... .... .... .... .... .... 118.1:1 c
Dividends unpaid .... .... .... .... ....:....3............. 32.00 ri
Total demand deposits subject to Reserve ....$56,220.18
Time deposits subject to Reserve (payable after 30 days, or subject
to 30 days or more notice):
Certificates of deposits (other than for money borrowed) .. 39,518.45
Other time deposits ....................... .... ..41,591.21 19
Total of time deposit a subject to 'Reserve ... .$81,109.66 a
Total .... .....................................$234,427.90
LiabilIties for rediscounts, including those with Federal Reserve ff
Bank .... .... .... .... .... .... .... .... .... .... ....$ 21,185.07 tv
State of South Carolina, County of Laurens, ss: I
1, -1. K. Aiken, Cashier of the above-named bank, do solemnly swear that
the above statement Is true to the best of my knowledge and belief.
H. K. AIKI1N, Ca tier. si
Subscribed and sworn to before me this 18th day of Sopt., 19 7. p
W. R. McCuen, Notary Public. a
Correct-Attest: 0. B. Simmons, C. 1J. Miller, R. T. Dunlap, Directors.
a
No. 10859 Report of Condition of the ti
Farmers National Bank b
At Laurens, in the State of S. C., at the close of business oi Sept. 11, 1917. 'w
RIDSOURCIDS: bi
Loans and discounts .... ............. .... .......$216,913.46
Notes and hIlls rediscounted (other than bank accept
ances . Ad) .... .... .... .................. .16,251.41 $170,662.03 t
Overdrafts, unsecured .... .... .... .... .... .... .... .... 258.44
Liberty Loan isonds, unpledged ..... .... .... ........... .... 1,000.00 b:
Securities other titan U. S. bonds (not including stocks) owned F
unpledged .... ---- .- .. --- .... .... .. .. .... 2,600.00 -
Stock of Federil Reetve fBank (50 per cent of subscription) .... 1,550.00
Furniture and fixtures .... .- . -... .... .... .... ..1,659.63 t
Lawful reserve with Federal Reserve Bank .... ........ .... 4,233.10 TY
Cash in vault and net amounts due from national banks .... ...9,957.97 ii
Checks on other banks in the same city or town as reporting bank 266.36
I Total of above two items .... .... .... .... .... $10,822.55
Checks on banks located outside of city or town of reporting bank 8
and other cash items -... .... - ..... .... .... .... ....333.40 d
b
Total .... .... .... ..... ....$192,520.85
IAABILrTIES:
Capital stock paid in .... .... .... .... .................. .$ 50,000.00 b
Surplus fund .... ......... ... ...... . .... .... .... .... .... 3,500.00 o
Undividetd profits .... .... .... .... ............. $5,759.49 a
Less current expenses, interest and taxes paid .... .... 1,677.41 4,082.08
Demand deposits subject to Reserve (deposits payable within a
30 days): 0
Iradividual deposits subject to check .... .... .... .... . . .36,802.16 IT
Certificates of deposit due in less than 30 days (other than for tl
money borrowed .... .... .... .... .... .... .... .... 1,278.90 f
Cashier's cheeks outstanding .... .... .... .... .... .... 283.20
Dividends unpaid .... .... .... .... .... .... .... .... 18.00 it
Total demand deposits subjpet to Reserve ... .$38,382.26 1F
Time deposits subject to Reserve (payable after 30 days, or subject ft
to 30 days or more notice): -
Certificates of deposit (other than for money borrowed) ..,. 46,147.34 h
Other time deposita .... .... .... .... .... .... ......... 30,409.17 I
Total of time deposits subject to, Reserve .... $76,656.51
Bills payable, other than with Federal Reserve Bank, including all p
obligations representing monby borrowed, other than redis
counts .... .... ..... .. - -... .... .... .... .... .... .... 20.000.00 b
Total ..- .... .... .... .... .... ......... .-,.. ..$192,520.85 it
Liabilities for rediscounts, including those with Federal Reserve Ih
Bank .... .... .... .... .... .... .... ..... .... .... ....$ 46,251.41 4
State of South Carolina, County of Laurens, sa:
1, J. E. Owings, Cashier of the above-named bank, do solemnly swear
that the above statement Is true to the best of my knowledge and belief. tl
J. 10. OWINGS, Cashier, o
Subscribed and sworn to before me this 18th day of Sept., 1917.
C. A. Power, C. C. C. P.
Correct-Attest: M. J. Owings, C. . Kennedy, 'W, B. A loan, Directors
* ** * * *** b** * .......
Time to Stop Talking leace. *
* * * * , e* e. ..
Now that President Wilson's Ines
age hits rei'plied to the peace pro
osal of the pope, the time has come
r all of us to drop peace talk and
tiru to war work.
There .ure two reasons why it is
ol1sh and futile.to talk about peace
ow. The first Is that there is no
rospect of peace within the next
weive monthis. The decision of the
resident infallibly points toward a
lilitary campaign in 1918 and a mil
ary decision growing out of this
npaign. The things that Mr. W'it
on rightly demands as the basis of
eace will not be conceded either by
le German government or the Ger
tan people, in the present situation
Europe. It would therefore be
ierely a puerile illusion to continue
discussion of peace when peace for
iany months is quite impossible.
There is a second reason. In ev
ry tiuarter of tle world (G-ermian
gents and German sympithlizers are
1sy dissei intling the idea that fihe
ar Is over anid liUea i i1at han111d, for
1e purpose of weakeni :;4' Ihe a'iuis
f Ihose governments wIso are pur1'
ain g the war. Tile e(rmV iiian reasons,
tat. a nat iion whIi icl believes peace is
t. hand will imike less efIfot in its
ghiting, and this relaxed effort-as in
Ic case of Iussia - ill benefit a
ermuany wlieh is still il'reasing,
ot slackening, its 'war effort. Thus, i
rerywhere in the world ee s today
le spectacle of the (erimain at work
liking peace. I
Tile only Vaiy to aIttalin peace nOW
I this world is to ight oIr it. SOme
f tlhe greatest hl lies ofe wa1ro v.A un
uIestionably remiun1 to be foulht. Ie
veen now and the autumn of 11,11 8
'rnan eInsualty list of two mil
ons will he a lai'geir contribuition to
ermiianieIt peace thana nythiiinug that
lie ('an niow see, hoeauise it will be
final deionstrution to the Gfrmain
cople of the Price of Ihirit pres-nt
'aderslip and tile cost to to tem of the
octriles wlil I hey have embaliced
n1d followel for the last hal f century.
What is deimided by Mr. \\ilson
f thle Gewrman people is- that thley
lould put awaly the aimbiitions whlichl,
it%-(! betn nourislied and cheis'-h'. ev
since the unileation of' (;ermieaiiy
tarted the ( oliienzollerns on lieir
ireer of world ambition aind world
iplire. Peace based upon the status
nto ante of 191-1 would be a peace
'hich would leave Germany, with
2ference to the rest of the world, in a
mndition comparable to that. which
disted in France when the long waris
r Louis XIV were over and France,
Ltact but economically ruined, enter
:1 the pathltway that was to lead to the
rench revolution. And Mr. Wilson's
essage to the pope indientes that
er'many must stiffer not merely that
Dfeat incident to a return of the sta
is quo ante but a further defeat in
dent to the surrender of certain ter
tories andi to the final extinction of
lat dream of a Berlin-o-Bagdad
itteleuropa.
To talk of peace now whe(n peceC
possibly only on terms which mean
tremendcouts and tragic German de
at, whetheir obtained on the battle
eld or iround the green table, is to
1k of something that is still remote.
is a rude and grievous task which
es ahead of us, The German as
itlt upon our* civilization has heen
tried and halted. The GermanI
'mles are retreating now; the Ger'
lan flood tide of conquest has long
go passed; it is ebb tide wherever
ie German hxtvadion has rienclued;
Lit it is a long way from dead low
ater. Mr. Wilson was exactly right
lien ho spoke of Germany as balked
]t not defeated. To defeat the
ermnans will prove a most diffiult
sk, certain now as that defeat is.
And it is only by sending hundreds
thousands of American troops to
rance that we shall insur'e that die
at. We arc doing this. The couna
y has indicated its readiness to
ake every sacrifcec. it is respond
ig to the calls of war as nobody
>utld have foreseen that It would re
ond. And since the work is to be
jne, since victory is still to be won
y the sword, sInce great sacrifices
r' Amei'ica are not only to be madec
it are essentIal to the achievement
victory, therefore it is wrong, just
it Is futIle, to continue to talk,
bout peace. We have at least an
her year of fighting before us, and
all human probability it will be
to bitterest and the most expensive
ghting in the wvhole struggle. This
what we should recognize, This
what we should prepare otirselves
r. And we sl~all only serve the
erman cause if We echo their end
5s and purposeful talk abiout peace.
Let us face the fact, The only peace
assible can be attained on that day
hen Germany is not balked merely,
it also defeated unmistakably, and
is to that defeat that we must look.
is from that defeat that peace will
)me, and before that defeat that we
iall only delude ourselves and play
10 Germtin game by talking further
peace.-New York Tribune,
Special prices on Trunks.
S. M. & K. IL WriMI & Co.
AMERIICAN STEAMShIp> ESCAP'ES,
lDefeetive Mmtehaniismi on (Gerimn; i Tor
edo Saxes Amerlila Ship From
Probable )iestructlun.
An Atlantic Port, Sept. IG.-The de
fective mechanism of a Germanj tor
pedo, discharged by al ilivisible sub
marine, is said to have plrevenjted (11
aster to a large American steamish I p
w'hich arrived here today from a
B litish port.
According to scveral of one hundred
pIassenigers oil board, a submarine at
tack was made on the line the second
day out, shortly after II a. I. The
- ahSsGo d
horten dw to
OPERA E
Wcd'y, Se,
SA
Saxon Quali
Seeking the answer hack of thI
-Performance. We find that. thi
that has established it. alone in I
ity-its pulling power and its ral
It is the mass of evidence wii
bined with its operative economy,
miles of satisfactory service for
We say that. Performance is ti
netually go farther back than this
able for this splendid performanm
workmanship al)Iied to Saxon
Saxon Cars
An interesting phase of the gr<
shown Saxon cars by women dri
value in these great cars.
Of course this is explained, to
died. There is Practically no etfo
the roughest country roads. Any
Then again, there is thie grace
a car of such modlern dIesign. A
to the searching scrut iny given lI
the new design fenders and the fi
Then there is the big item o fcoi
gers in Saxon cars. There Is phen
of passengers for wvhich they at
Probably one of the most sens
that matter, was the one recently
t~vo pirominent suffragettes wvho tc
over 10,000 miles..
After carefully considlering the
ablest car for this long, gruellinj
For flye months they traveled f
were never late once. At no time
Ovr bo0th the eastern and-'west,
over the coruroy roadis of southei
every obstacle of road andi wveath.
It is interesting to note that tI
the wheel, changed tires wvhen nel
to keel) th car in perfect conditi
This trip is only one of many v
Saxon roadster, It also demonsi
ehanical knowledge is necessary
We are proud of our women dIr
'The automobile is one of the mt
arc annIhilated. The formerly re
very doorsteps. The farmer has
intercourse, or the availability of
andl expeditious manner. Trhe sh<
made easily andi effectively wvith i
The history or thie automobile 'I
the stores of Captain Kidd sound a
enced the most phenomenal grow
The automobile has met wvith
mentally a useful instrument. ti
effectually solves transpor'tation I
Civilization is a direct trailer of
race has experienced the greatest
paoriation facilitis has affectedl teh
In spite of the wide acceptance
in spite of (lie fact that there ar<
this year, people (10 not realize il
The automobile is one of the gri
ties, and credit should bo placed v
U
Caro:
HOLMI
1218 Hampton Ave.
J1 if I
wake of tie toripedo was obser-ved b,
l0okouts and anl immediate shari
(hange in tIe cou rse of the steamei
was orderted by the captain. Te tot'
1)0(o, the passentgers Issertedi. When
about 100 yards from the steamer, sud
(enly leapied ilito the ilr and on re
turiung to the witer, heade(l in a new
direction which carried It. past Ilhe,
stern of the vessel by i50 yards. N"
su bimarinle was sighted Iut the liner
fire one shot from a stern gun at ii
object. which it was asserted might
have beein a periscope. There were no
Indications that the shot was effective
td the liner iirried away.
Jest day:,
LOUSE at)
Ti
ptemInber
AXON DA
ity Accounts for Saxon I
I tphenomenal sitcess of Saxon "Six",
s great car has performed with a log
Is class. We find owners voluntarily
d acceleration. And its economy qual
cit we have acuired on 'tie exceptio
which has given rise to the Conivictio
less money than any automobile nm
0 answer back- of tie success enjoye
to (ind tie real answer'. TPhere is so
e. And this is found in tO stamp of
Six".
Finding Great Favor M
iwti and(ov deveopmrent of Saxon distril
vers. A host of them have seemed to
a great ext~etnt, by tihe ext rome ease
r't reqired( to gulide thiemr thitr'ough tire
woman is safe itn driiing a Saxon ('
andc breaty3 of I teir designt. There'i is
ii tire t'efitneents whitich iravye beern a
'3' tihe wontan shtopiers. Tire nrew styv
'esht and lasting finlirh given tire ears,
:nfort. Thieire is am pie space and t absol
13' of leg r'oomt and tire seats are tmotre
'o designated.
atiornal. t rits evet'rimade in a Saixorn<
cormpleted by Mr's. A lice Snit zer ilurl
>utr'nedi tite I'ntited St ales in brehalIf of
mtet'its of many makes of cars, threy
r'om city to city, following a definite si
on tire entire joitr'ney (did threy expr
ernr mrouintain ranges; across tire arid
n timbier tracts and thrroughr mud hub
er. Today it is ready for anotiher st
roughouit. thre entire jouirney Mi's. Hut
flesary3 andi iper'onally' gave ail tire
on.
iihi furnrishres conv'incing evidience o
rates mrost conclutsively tire ease of<
i runrrning thtemr.
ivetrs arnd prtoud~ of their loyalty and
The Automobile
)5t impior'tanit dlevices (eer miadeo by3 tm
mtrote arid inraccessibtle corner's of itab
breen nelihboized; no longer doces thie
town. City dIwellers are now able tor
rt butsinress cali or tire long tor' int
te aiutortobile.
rnmorre wonde'rul tihan tihe tacl ot Ala
.a tire piayful TVales of K iierga'trtn
it.
tire treadiest r'eception otn the part 01
is pr'obably tire mlo4t iusefurl instrume
I effective transportation. It is absoliu
adivancemnent int theo past ten years be
greatest numrber' of people,
of tire automobile, preoptle are stil re
a aipin'Oximately for miilliorn auitomobt
hre treimendoius propotitons tis busain
tatest factors int broadening and increr
ihere er'edit is dure,
lina Saxoni
ES SIMONS. Treas. and Gem
Notice4.
'Iis is to noiify those who desire
li'skey . 'V ;l:It in the future
"v will put ej( , i ed after '4 1. m).
T l'i.e' e. I ren*t that they ho Be
ni j ri or 1maiy inl tho
afternoon.
0. G. Thominsoni.
.udge of Probate.
To Cure a Cold in One Day.
Take LAXATIVI DROMO Quinine. It stops the
Cough and Heaatche mid works oft tie Cold.
I)ruggists refund Unoney if it fails to cure.
Lt. W GROVE'S signature on each box. 30c.
\sI to see ourl bargainr inl Nteel
Ranlges.
S. M. & Il. If. N" LKEs & Co.
lystery
of The
Double;
ree People Admitted
or the Price of Two
YS
Performance
we 11nd it seated inl tho one Wond
ree (if satisfaetion for its owners
writing us of ifs un usual durabil
ities are comiion food for gossip.
al Ier'fo rmiance of tihe carl, com
n t1hat Saxon "Six" will give m1ore
de.
ri by Saxon "Six". But we luist
mething that is dilee-tly account
materil tised and file quality of
rith Women
mition has been the decided favor
find their standard of motor ear
g ithI which Sa xon cars arec hian
mntriencies of eity tratlie, or over
Ii.
a (Cirtainm dIistIint p ride In owning
Idedi to thle car. of' courise, appeal
C top w'ith th le Gre'cli rear bow,
all attractf her eye.
life rid1ing conmfort for' all passen
t han wide enough foi the number
~ar, or any ofther automobile for
eC andi Miss Nell Ilchardson, thle
ufi rage andi completed a total of
selected Saxon roadlster as the
shedutle, covering 10,000 miles and
lence any motor' trouble,
deserts of Nevada andl California:
dheelp, Saxon roadster surmounted
lh tip.
ke and Miss Richardson handled
light service that was necessary
the rnemarkable endulrance of
>lperat ion of Saxon ear's. No me
apphreclat ion or Saxon merits.
ni. With it as a servant distances
Ita tion have been broughf to ouri
gaji or C few miles prevent social
niegotilate distances In a prompt
5 -lhe coiuftry with the family, is
dinil's lmp). Its romncl(e makes
Of all inidustries, it 'has expert
the pubillie because 'it Is fundla
lnt in the wvorld, beause it most
telyv dependent on it. T[he 'human
cause the improvement of t s
ilctant to grant If. proper e. edit,
lies In use, or sclhdled for use
oss hias a551umedI.
sIng the acope of pleaing activl
CO.
. Mgr.
Columbia, S. C