The Laurens advertiser. (Laurens, S.C.) 1885-1973, December 03, 1919, Image 10
No. 10859 Report of Condition of the
FARMERtS NATION'AL BANK,
At Laurens it the State of S. 0., at the close of business on Nov. 17, 1919.
RESOURUOES.
Loans and' discounts, Inclading rediscounts .... ....$307,417.83
Notes and bills rediscounted (other than bank ac
ceptances sold) ... .-... ., ... .... .... 17,798.03 $289,619.80
U. S. Government securities owned:
Owned and unpledged ....... .... .... .... .... .... .... 20,850.00
Securities, other than U. S. bonds (not Including stocks), owned
and unpledged.-.-.-.-.-. .- .... . ... .... 2,00.00
Stock of Federal Reserve Bank (50 per cent of subscription) .... 1,650.00
Furniture and lixtures .... .... .... .... .... .... ..... .... 2,334.53
La-wful reserve with Federal 'Reserve Bank .... .... .... .... 27,388.92
Cash In vault and net amounts due from national banks .... . 168,701.23
Checks on banks located outside of city or town of reporting bank
an(l other cash items ........ ... . .... ......... .... .... 6,918.81
Interest earned but not collected-approximate-on Notes and '
Bills Iteceivable not Past due .... ... . .... .... .... .... . 1,300.00
Total ....... . .... ........ . . .. .... .... .... .... $521,383.32
I ABUITI ES.
Capital stoci Ip id in ........ ... . .... .... .... .... .... $ 50,000.00
SurplW fund .... .... .... .... .... .... .... .... .... .... 10,000.00
Undivided profits .... .. . .... .... .... .... .... $ 26,799.27
Less current expetises, interest, and taxes p)aid .... 17,860.86 8,938.41
Interest and dicotint collected or credited in advance of ma
turity and inot earned--(approximate) .... .... .... .... 1,300.00
Cashier's clieis1 on ovn bank outstanding .... .... .... .... 181.75
Demand deposil (other thYin bank deposits) subject to Reserve
(deposits payable within 30 days):
Individual d posits subject to check .... .... .... .... .... 264,082.60
Certiticates of depisit due in less than 30 days (other than
for iiney borrowed) .. --....... .... .... .... ....... 21,373.73
ikvidends unpaid ... . .... .... .... .... .... :... .... 122.00
'T'otal of deman1i0(d deposits (other than bank deposits) subject
to lIeserve .... .. . .... .... .... .... ....$288,578.33
T1'iie (eposits sbiloicct to Reserve (payable after 30 days, or sub
ject. to 30 (lays or moze notice, and postal savings):
Certificates of deposit (other than for money borrowed) .... 90,758.25
Other tim deposits . - . -.... .... .... .... .... .... .... 70,043.91
Total of intle deposits -ubject to Reserve .... $160,802.1G
Liabilities other than those above stated .... .... .... .... 1,282.67
Total .... ....- .---- .... .... .... ........ .... $521,383.32
Liabilities fot rdiscount, including those with F'deral le
serve l:1ik .... .... .... ... ....... .... .... .... .... $ 17,798.03
State of South tarolina, County of Laurens.
I. cly(de 1'. Franks, ,Cashier of the above-named bank, do solemnly
swea r that the above statement is true to the best of my knowledge and belief.
CTibYDE T. FRANKS, Cashier.
S.ubscribed aid sworn to before me this 26th (lay of November, 1919.
C..A. POW10R., C. C. C. P.
Correet--At test: C. E. Kennedy, D. E. Todd, J. S. 3Machen, Directors.
No. 101105 Report of Condition of the
ENTERPRISE!NATIONAL BANK,
At Luaareis inl the State of S. C., at the close of business on Nov. 17, 1919.
RESOUROIS.
1oanis antd Ilicounts, Including rediscouits .... ....$14it4,308.13
Notes and lills rediscounted (other than bank ac
ceptaices "old) . ... . .... .... .... .... .... .... 5,071.46 $439,236.67
U. S. Governiment securities owned:
Owned aind uniipledged .-......... .... ... ....$ 22,650.00
War Savings Certificatee and Thrift stamps ac
tually owned -6.-.- ..... ......... 84.00 23,496.00
Seeirities, other than U. S. bonds (not including stocks) owned
aniliid i pledged .... .... .... . ... .-... .... .... .... .... 3i,000.00
Stock of Federal Reserve Dank (50 per cent of subscription) . ... 1,750.00
Value of bankiiig house, owned and unincumbered .... .... .... :2,.166. 16
Fu ..iture and ixtures .--.----.----.----.-... .... .... .... 4.140.00
Lawful reserve with l'ederal Reserve .Bank .... .... .... .... .52,522.53
Cash in va ilt and net amo'nts (ie from national ba:iks . . . . .. .. .15-,691.11
Checks on aks located outside of city or town of reporting baiik
and o. i cash item s .... .... .... .... .... .... .... .... . 2 ,.11 .98
Interest carned but not cellected-approxiiiiate-on -Notes and
1Hills Reeeivable not past dlite .... .... .... .... .... .... 2,100.00
Total .... .... .. ....... . .- .. . .... .... .... .... ..... $707,820.15
LI. A B I TII ES.
"apital stoeli paid in .... .... .... ... .. .. .... .... .... .... $100,000.00
S.ril.s f.n.. .... ..... ........ .. .... ...25,000.00
Undiviaed l rofits .... .... .... .... .... .... ....$ -15,61 .18
Less current expenses, interest, and taxes paid .... 22,920.34 22,9.10.81
nteresl and discitouint collected or credited in advance of ma
turity ani not earned--(approximate) .... .... .... .... 2,100.00
Cashletr's chevl s on own bank otitstanding --...- . .... .... 2,166.27
Demani deposits (otiher than bank (leposits) subject to Reserve
ideposits ip ayable within :10 days):
Idividirl dI epo;siIs su1bjvct to cheek .... .... .... .... .... . 8 .6
m-I iihan:0(-s of d ilosit itl inl less than 30 days lother than
1 oney borrowed) ..... ..... ..................... 2 1 9.10
Iiuilinds uiti; id ........ .... .. - - - . -. .... .... .... .... 197.50
Total of demand deposits Iotiler 1han baik depossi1) subject
;o l oe.vrve .... .... .... .... .... .... $307,60 1.20
T i ilSil Fulobject to Res-rve (ptayable afteir 30 days, or nub
j't to :'m days or more notice, an(] postal saviiigs) :
Ceriticaltes of dk-posit (olher tih-n for mon'ey horrowed) .... 121.12 1.61
()thi'r imi,- deposits..-.- .--.---...........................126287.50
1112 ('f tImhe detiosits sitbljecIt o lteservec...217,71 2.1 I
I dabil it les for redliscon nis, inacludin1 g thtose wvithI Federtal ite
se rve lIanuk...........---.....-..---..... ................$ 5,071 .
State of Soutth Carolina, (-olanty of Laurens.
I.(. II. lopert, C'ashier of t he abiove-named., bank doC solemunly sweam- ltt
lie ahtlo stat emein't is Itrue to thet best of nmy kniow ledge antd bllief.
C. 11. ROPF~it, Cashier.
Sitblslcri-bedl and sworn in befCore tme this 251h dayl~ of -Novetmbler,~ 1919.
1,. (1. 1IIA [.-1 10 Notary Pui c.
(iorr.-:. ttest: S. .\l. \\ilkes, ('. 1. Ketnneduy, ii. . \\assmih I)rctots.
No. I tt;52 l1(eporit, otf ('ondition (of 1the
iAl'RENS NATiION.\L IBANK,
.t. l.aureniii in the Steu of S. ( '., ai.t lie close of buislitne oan Ne t im,111>
R1mSOITRM.5
I.iol ns aI ndldiscoutnts, inedl'uingii rediseotunts.. .. .. .. .. .. . . . ... --....
Overdratii, secued, $6;07 7.)1; uns1(11 ere, $320.1 ...................t597.612
I. S. Covernmient securities cowned:
Itn andii I 1( onptedyedl.......................... 61 800Oit
\\a a avintgs Cert Ificates(' an Th'Ilirift Stamps ac
'a ally owned ...-.-.-.-'-.-.-.-.-.-.-.-.-.-.--... 8 II.00 6;2 Eli 00
Senurilies, othier than I . 9. bonds, not including stocks),* owntedl
an unp ~ tledged............................1.0
St otck Of Peileral Rlescrve Blantk (50 per ccent of soubscaip1tion)I . ... 2,700.00
\Vaine oft banking house, ownied andl uninciumberedl......... .. .. . . . 2901.55
Fiarnitiir( and( fixtures .............. ...... ...... ..........8900
Real ist a te owned other than buanking house. . . . . . . ...-,'00....
a wful reserve with Fedet ail Reserve Bank ..................2059.54
(asht in vauil t and netit amto-mtus duet fromi ntationiaI bankhs...........100357.05
(t heels Oin 1ote banks in tht CSamet ( city or townl as icptin g bank 3.973.1
'Iotlal of above t wo items..-..................$10f6.30.-i8
(heclts on banks locanted outside of city or lown itof retortinyg
biaiik and( other eash itilb.m ....................... .... ......... ..... 21.86
12iA'I11IATIES.
I a~pitail stocdk paid in ........ .............----------. . ............$ 50,000.00
,1 .t' .i -lit .. .... .... .... .... . --.. -.---..-.--- .- . .... 40i)000.00
ltniided(. profits................................... 1451375 '
.ess diurreCnt e'xpenscs, intecrest, andi taxes paid ....,0.7 9 40os
interiesl antd dIiscouta col leetedl or c redi tedl In adv~'ance of mta
Iuiiv and not earned-(a pyrox imate)..-.-.-..--.... ...... .. 2091.00
- 11(11amiunts due to banks, bankers, andc trust comn lIes........655s40.66
f otified checks outstanding.......... ...........................75.00
('ashilei chlecks on own banik ouitstandintg.-.--.--.--.--... .. ......:,807.81
'1otal of above three items .................$ 69,42:3.47
Semnaand dleposits (other than banik dleposits) subject to Reserve
Idetiosits payable within 30 (lays):
indlildual deposits subject to check.----.--..--.............207,263.79
,I ividends uinpaidl................,.........................-44100
T'otal or dlemand depiosits (otheri than bank deposits) subject
to Reserve ...-. --.... .... .... ...........$207,307.79
'lime (dtposits sutbject to Reserve (payable after 30 days, oar sub
.leet toi 30 (lays or more notice, and postal savings):
:'ettifientes of dleposit (other than for money borrowed) ... 35,893.88
Other timie deposits.....---....----...-'---.-................0,56.28
'lot al of t lame deposit5s ubject to Reserve... .. .. .. $ 86,458.16
'Totat. .. .........................-.. --- -- .---------.. ..........$6,685.90
State of South Carolina, County or L~aurens,
1. .1. .1. Adams, Cashier of (lie above-named bank, (10 solemnly sweat Itat
.1e above statement is trite to thte best of my knowledge andl bellef.
JT. J1. ADAM18, Cashier
.Subscribed and sworn o before me this 25tht day of November, 1919.
C. W. TU'Ni, Notary Public.
(-i .-r t- .Atteut - TT I. Aikenn 'C 1. 'illrm. I n lchey. i ir t. '
* MAiDEN' NEWS. *
*
Madden, Dec. 2.-The date reminds
me that before we all know it Santa
Claus will be here and the year 1919
will be among the years that have
been.
Thanksgiving passed quietly In our
midst. At the home of Mr. and Mrs.
J. Frank Martin was held a family
re-union when her parents, .Mr. and
Mrs. J. R. Finley, the ten children,
grand-children and great grand-chil
dren, together 'with ,the in-laws sat
down to a good Thanksgiving dinner.
May they all be spared to see another
such good day.
'Messrs. Chester Pinson, Walter
Moore, Wade Williams and Idd 'Moore
from across the hills, joined Messrs.
Thad Moore, Thurman Finley and MIr.
McIntyre, together with the younger
N imrods, Rothwell Finley, La'w rence
3ladden, Gus, Tom and 'Lynt Wofford,
and had an old time rabbit hunt
Thursday when 39 rabbits, 3 birds and
one squirrel were the game bagged
for the (ay.
Friday, at the home of Mrs. '11. C.
Cunningham, Dr. and .\rs. A. B.
iangston and children, Ir. and Mirs.
T. S. Langston and Mr. II. .1. Lang
ston were the spend the (lay guests.
Miss ilettie Cunningham and Mrs.
Bryson were the hostesses for the oe
(asioi. A most enjoyable dinner was
served.
The laptists of the county arose to
the occasion of putting over the $75,
000,000 campaign and we are all pat
thig each other and ourselves on the
hack! Believing honestly that "We
have the faith once delivered to the
saints." we are beginning to wake up
to our duty.
.1Misses Estelle Martin and 'lattle
Sue Wofford, who spent Thanksgiving
at home returned to Winthrop college
Sunday.
While in Laurens for a short while
Monday we had the pleasure of greet
ing the following friends: Mrs. John
Davenport, of Cross 11111; Mrs. Evans
McDaniel of Mt. Pleasant, and Miss
Nona of the Steedloy iospital, Spar
tauburg; Mesdames Tom Coleman and
John Benjamin ,of feaverdam; Mr.
Babb, of lhuin, and Mir. Pal loper, of
.leCoriick.
ihe greatest test. of friendship in
these later days, is to divide sugar!
The writer is sire of the fact when
we gratefutlly acknowledge our grati
tulde to the "friend in need," .\I. 11.
Pilnsoni, of Ekoi, who thus remem
bered Its. We had a good(i cup of
coffee, sweetened and (creamed to tle
(tueei's taste on Thiianksgivlng day;
thanks to his kindness.
.rs. '.lay .\Madden is spenldiig the
with hr daughter, '1rs. Kate
leH!I, of Gren011wood. Friends of .\Mrs.
Hell and tile young son will be glad
to kn21ow that both I are getting on nice
1ly.
Married by llev. A. B. Langston.
.\Mrs. Josephine .\iartin and .\t. W. -1.
lindgens, Nov. 27th.
W~A NTIS T1 10)ItO S 'TO
PiIOT1ECTi Mi NElIS
Okllhoma Gouernior W1ir'es liaker to
Send Fedeltral Troopliihs to (Guaritd
Oklahionma ('ity, .Okla'., 'Nov. 28.
overn1102 llobetson 01 late t'Iodlay wvi red
F51rear of War' Iliker asking that
federalI trioops be sentI into1 Ok lahomia
to priotect coal inrs i(Swillig to 1e
turn againust piossibe~ int ereferentice.
The govertnor today I ermin at ed nego
tiations 5with repre12'senit ative(s of thle
coal oper1ator's and1( announ1 tcedl that
anrother' atItem pt to oper'ate tile miine1s
withI volunte2rs (I'Swol be tmade. lie
deled~~.A the' operator's htad shiown no
dispositioni to give maI~ter'ial assisfanc(e
in keeping the supply of coal duriing
the pre'senft ('risis.
Anotheli r Itele'gr'am was aet to li4. II.
A. G arfleld, Fitel' Adm ii strator1, ask -
itng that a fuel adinnistriatot' be a p
poinltedl for the state.
Governor' Robetsoni and 1the t a te
00ouncil1 of defense will mee'(t totmorrtow
to dIiscu ss Ithe sIt ua ti.
lie has askd the I oun('0 cil1 to issue
call for' volun21teeris.
.lihn A. Wh'litelhirist, ('hairmIani of the
('ountcil, it was made~l known today,
last nightI tel egrapjhed thle county de
fense chiapter's of thle state, asking
thecm to report immnediately the ntum
ber' of men available foi' service In the
coal mines as vo0llunteersi. Units of ten
men, it is contemaplated, will be t'e
er'ulled~ frotm ('eh townf in the state(
with larger' qluota from the cities.
"'Transpot:tIion and1( goodl wages
will be guaranteed by the state to nal
men who answer' this call," Giover'nor
Itobertson 5said.
"The operators anid coal mIners arc
bo0th to blame fom' thle p2'rent situia
lion,'" over'nor' iloberitson dcclat'ed.
"andl both sidJes have refutsedl to give
tie the necessary cooperation. Now
they can both go to the devil. The
pulblic which Is thle innocent byatand~
er' in thIs cotrover'sy, Is going to h:
proteeted If it Is iinimy p~ower' to do it,
arnd I hielivn I rcnn (10 it."
The Coming of the "Speed Wagon"
It may interest you to know how REO came to build this
pneumatic tired "Speed Wagon" in the first place.
This REO was the pioneer of its class and type---as you
already know.
It looked like a darix.g innovation when first announced, but
we were sure of its ultimate success despite the scepticism
with which it was greeted by other makers and even REO
dealers. We had been building solid tired trucks. Built as
v. ell as REO knew how, still they did not live as long as we
believed they should. One day Engineer Thomas decided to
equip that chassis with pneumatic tires and watch results.
As he had anticipated, that chassis outlived the others several
times over. Repairs and replacements were reduced surpris
ingly. Then we decided that pneumatic tires was the answer
to trucking problems as it had long since proved to be to pas
senger carrying.
At first, as we have said, this new REO which we termed the
"Speed Wagon" met with scepticism everywhere. But it
soon proved its great superiority in every way. The greater
speed of which it was capable rendered it wonderfully econ
omical as well as vastly more efficient. And the air cushions
on which it rides cut upkeep and operation cost away down.
Now---our only problem is to make them fast enough.--never
been able to catch up with the tremendous demand. Only
way you can hope to obtain a Reo "Speed Wagon" for rea
sonably early delivery is.--order at once. Today---won't be
a minute too soon.
REO "Speed Wagon" $1,455 f. o. b. Laurens, and the special
Federal tax must be added.
VINCENT MOTOR CAR COMPANY
The .Farmer's
1NMBank Accouint
With both labor and capital falsely branding the food
producer as the high-cost-of-living profiteer, our farm
ers must fight together under strong leaders if they
are to contimue to get a living wage for their labor. In
ou ovm'icounty this bank will always stand for your
pk crity. Nationally-i: ternationally-the strong
voice that is speaking for the Amrerican farmer today is
T7le COUNTR[ CENTLE MAN
The farmer is not a prof;Lce.yuwilgtnthnet2bg
He ha carned his bank ac out,isusmyakorsvfryu
his credit rating, his homc coin-$100toadoyursvn.
forts, by saving the world fromIfyuhvancoutwhus
S starvation. But the world is yucnisrc st hrei
5 moving fast, and to keep in$10foyurea'sbcip
- weekly touch with farm condi-tonIfyucc)orsrps
the copy tions everywhere-to hold what cs ne h l atessn
everywhere he has won-the farrner should u$.0frT-ECUTYGN
regularly read THE COUNTRYTLMNOrbtetllcmn
GENTEMAN Theinfomato wild get acin ted etod2yi
EnteprieeNtioal ank ae o o
Captal$10,00.00 N.$1DalPreide to add on savngs
(1)lieaun yo knw m, e termynm fo u kee youN r srl us
ors unefhldmtrs send
Natinal ank 2) ere' my ollr. IwantT us $1.00R fo n TL . SH i toU Tnc RY nGEN
C.LEMAN.oOr,,better still, come in
Entherprs ainlBn
C.res H. o.r (My ames)~ __
Cash . . . . . . . . . ..er. -