The sun. [volume] (Newberry, S.C.) 1937-1972, September 12, 1941, Image 4
PAGE POUR
THE NEWBERRY SUN
FRIDAY, SEPTEMBER 12, 1M1
CONSUMER CREDIT
NATIONAL
• '
When in the interest of National Defense, America calls on its business firms to re-arrange their methods
of credit—it is our duty to heed the call of our country—and your duty to appreciate and understand the
rulings imposed by the government of the United States.
SINCE NECESSITY compels these exactions on the part of the country — since your future and the fu-
ture of the nation is vitally concerned with their enforcement, all citizens of the United States will unral-
teringly carry out their part ot the pact.
Therefore, by order from Washington, the FEDERAL RESERVE
System issued the following regulations for
“Club Plan” Selling:
GROUP A:
Minimum Cash Down 33V3 per cent
1 Aatonrobiles (passenger cars designed tor the purpose of
transporting less than 10 passengers, including taxicabs).
BALANCE I V 18 MONTHS
GROUP B:
Minimum Cash Down 33V3 per cent
1. Aircraft (including gliders) 4
2. Power driven boats, and motors .designed for use therein,
other than boats or motors designed specifically for commer.
cial use. 4
3. Outboard boat motors. t
4. Motorcycles (two or three-wheel motor vehicles, including
motor bicycles. A
BALANCE ON CONVENIENT TERMS! r '
GROUP C:
Minimum Cash Down 20 per cent
1. Mechanical refrigerators of less than 12 cubic feet rated
capacity.
2. Washing machines designed for household use.
3. Ironers designed' for household use.
4. Suction cleaners designed for household use.
6. Cooking staves and ranges with less than seven heating
surfaces.
6. Heating stoves and space heaters designed for household use.
7. Electric dishwashers designed for household use.
8. Room-unit air conditioners.
9. Sewing machines designed for household use. 1
10. Radio receiving sets, phonograph®, or combinations.
11. Musical instruments composed principally of metals. V
BALANCE ON CONVENIENT TERMS!
GROUP D:
Minimum Cash Down 15 per cent
1. Household furnaces and heating units for furnaces (including
oil burners, gas conversion burners, and stokers).
2. Water heaters designed for household use.
3. Water pumps designed' for household use.
4. Plumbing and sanitary fixtures designed for household use.
5. Home air conditioning systems.
6. Attic ventilation fans.
Minimum Cash Down 10 per cent
7. New household furniture (including ice refrigerators, bed
spring®, and mattresses).
8 Pianos and household electric organs.
BALANCE ON CONVENIENT TERMS!
GROUP E:
1. Materials and services (other 'than materials listed in Group
C cr D) in connection with repairs, alterations, or improve
ments upon urban, suburban, or rural real property in con.
nection with existin';, structures, provided the deferred bal
ance does not exceed 4>1,000.
CONVENIENT TERMS—NO LIMITATION
G. B. Summer & Sons
FURNITURE
The Home Furniture Co.
R. M. Lominack Hardware
Richard L. Baker Furniture
Newberry Ins. & Realty Co.
NED PURCELL, Mgr.
Bowers Insurance Agency
A. J. BOWERS, JR., Prea. & Treaa.
T. C. Chalmers
DeSOTO & PLYMOUTH
J. J. Langford & Son
FURNITURE
Mrs. William Hunter
KELVINATOR DEALER 1225 WALNUT ST.
Maxwell Bros. & Quinn
FURNITURE
The S. C. National Bank
Farmers Oil Mill
W. H. Davis & Son
WILLYS & OLDSMOBILE CARS
Ben T. Buzhardt Furn. Co.
Hayes Motor Company
Pontiac Sales & Service
Davis Motor Company
BUICK CHEVROLET
Shealy Motor Co.
Ford Sales & Service