Bigger Local Bank
Deposits Good Sign
NEW YORK.?Personal savings'
re at high level in Cherokee |
County during the past year, in
keeping with the "nest-egg"
gains recorded in most other se
lions of the country.
The findings, a barometer * of
good times, are based on a report
Just released by the Federal Re
serve System showing bank de
posits in every county in the
United States.
Deposits in Cherokee County
savings and commerical banks at
the close of the last fiscal year
reached the high mark of $2,963,
000, a considerable gain over the
$1,094,000 reported in a previuos
survey made by the Federal Re
serve In 1044.
The figures include time de
posits (saving accounts) and de
mand deposits (checking accounts)
of individuals, partnerships and
corporations, but exclude inter
bank 'and Govermental deposits.
The local rise In bank deposits
represents an increase of 48.6 per
cent in the period, a greater gain
than was recorded in the same
span in the United States as whole,
or 48.4 per cent. In the State of
North Carolina as a whole, during
the same period there was a rise in
bank deposits of 46.4 percent
For every man, woman and
child In Cherokee County there Is
now on deposit, the Goverment
survey shows, an average of $186,
as comparted with $120 per capita
In 1944.
Commenting, on the situation
the Federal Reserve points out:
"The expansion in deposits of
business and individuals which ac
companied the growth of bank
credit in 1952 has been largely in
the form of time deposits?a de
velpment which contributed to
sustained high level activity with
Mrs. Corn's Rites
Held In Hiawassee
Funeral services for Mrs. Frank
Corn, 69. who died Friday night
Ap 17 in a Hiawassee, Ga hospital
after an extended illness, were held
Sunday Ap. 19 at 2 p m in McCon
nell Memorial Baptist Church at
Hiawassee.
The Rev. J. K. Hutchinson and
the Rev. R. Priest officiated, and
burial was in the church cemetery
The body lay in state in the
church, one hour prior to the ser
vice.
Surviving are the husband,
Frank Corn; two sons, Frank Jr. ol
Canton, Ohio, and Bill of Cleve
land, Ohio; two daughters, Mrs
Ancie Duckworth of Greenville
Tenn., and Mrs. Willard Hen son ol
Detroit. Mich; eight grandchildren;
two great-grandchildren, and hei
step-mother, Mrs. Mattie Gibson,
Mrs. Corn was a native and life
long resident of Towns County, Ga
and the daughter of the late T. W
and Mary Jane Gibson.
Townson Funerral Home was in
charge of arrangements.
out further infl^on."
The Institute of Life Insurance
discussing the trend, 6tates: "Foi
the individual and for the societj
as a whole, savings of the present
size and wide distribution. . .
symbolize a further extension of
both protection and potential pur
chasing power.
"Of equal impirtance, . too, is
the fact that this thrift record pro
vides the assurance of a continued
ilow of capital funds required foi
the high investment, high produc
tion country that ours has be
come."
Mashburn Child
Dies In Oak Park
Charles Mashburn, 10-month-old
son of Mr. and Mrs. Rqy Mashburn,
died Monday Ap. 20, at 9:30 p. m.
in the home at Oak Park, after a
three week's lUness.
Funeral services were held Wed
nesday at 10 a. m. in Mount Car
mel Baptist church with the Rev.
Grady Chastain officiating. Burial
was in the church cemetery.
Besides the parents, he is sur
vived by- six brothers, Clifford.
Clyde, Earl, Junior and Robert of
the home, and Howard ill the
Orthopedic Hospital in Asheville,
and a sister, Ruth of the home.
Also the paternal grandmother,
Mrs. Harriet Mashburn of Oak
Pork, and the maternal grandmoth
er, Mrs. Marie Arp of Culberson.
Towns on Funeral Home had
charge of arrangements.
Services Held
For Mrs. Auberry
Funeral services for Mrs. Zelma
Auberry, 44. who died Saturday
afternoon Ap. 18, at the home in
Lewner, -Ga., after a long Illness,
were held Monday Ap. 20 at 11 a.
m. in Oak Grove Baptist Church.
The Rev. B. J. Henry and the
Rev. Gus Hunter officiated and
burial was in the Church cemetery.
Surviving are the mother, Mrs.
W. M. Auberry; two sisters. Miss
es Ruby and Cocby Auberry of
the home, and one brother, Wayne
of the home.
Townson Funeral Home w?s in
charge.
; I Cottonseed Meal
1 For Sale, McNabb Says
H. B. McNabb, Chairman of the
Cherokee County PMA Committee
announced today that the Com
modity Credit Corporation has
stocks of cottonseel meal for sale.
This meal may be obtained from
the PMA Commodity Office in 20
ton lots for (73 00 per ton, plus
the cost of bags which is about
$3.70 per ton. The price is for 41
[I percent protein meal, whereas the
{ 36 percent protein is available at a
discount of $5.00 per ton.
Mr. McNabb says this cottonseed
meal has been acquired by the
Commodity Credit Corporation as
a part of the 1952 Cottonssed
Price Support Program. It is
stored at Charlotte, Raleigh, Rae
ford, Goldsboro, Monroe, Tarboro,
Wilson, Gastonia, and at points in
other States.
Farmers or others interested in
obtaining this cottonseed meal
may do so by contacting F. P.
.Biggs. Director PMA Commodity
Office, 120 Marais Street, Wirth
Building, New Orleans, Louisiana.
I Gamma Globulin
I Distributed By RC
Gamma Globulin having a com
merical value of $13,000,000 has
been distributed to State Health
Departments by the American Red
Cross since 1944, the organization
said today as the Office of Defense
Mobilization officially began na
tionwide distribution of the mir
acle blood derivative.
When the Red Cross started its
distribution of gamma globulin 9
years ago, it recalled that blood se
rum was used only for the preven
j tion or moderation of measles.
| Later it was found to be effective
in the treatment of infectious hep
atitis and more recently as a pro
phylaxis against paralytic poliomy
elitis. The Red Cross pointed out!
that all the gamma globulin that
it distributed had been provided to
the public without charge.
H was produced at Red Cross ex
pense fom war surplus blood plas
ma returned to Red Cross by the
armed forces following V-J Day.
Personals
Miss Jan King of Charlotte was
week end visitor of Mr. and Mrs.
'Franw Walrdoup recently.
Mrs. Lorene Derreberry attendee
a three-day Hair Dressers Show at
the Atlanta-Biltmore in Atlanta
last week. Mrs. Derreberry com
pleted the lesson in hair-cutting
presented by the guest artist,
Vernon Isbell of Dallas, Texas.
Friends of Lt. I. B. Hudson, Jr.,
have learned that Lt. Hudson was
in>ured recently in Korea daring
a Red attack on Allied Forces. ?
Floe curing tobacco requires be
tween 84 and 96
BULLDOZER WORK
By the hour or contract
HOWARD WEST
Murphy, N. C. Phone 455
CHEROKEE COUNTY
REPUBLICAN CLUB
meets every Friday night at 7:30 in the Rep
ublican Hall over Cherokee Pontiac Garage.
Your attendance is Welcomed
TUSSY CREAM DEODORANT
? Instantly stops perspiration odor
-A Checks perspiration moisture
big $1 jar...
now o
>nly SOt
nltlt tr.
plus tax
Tussy cosmetic Cream Deodorant
protects your daintiness from breakfast
to bedtime. Instantly stops perspiration
odor, checks perspiration moisture.
Safe for normal skin...filmiest
fabrics. Stays creamy-soft
down to the bottom of the jar.
limited time only
MAUNEY DRUG CO.
U, MURPHY. N. C.
f
Episcopal Women
Convene Here
The fifth district of the Women's
Auxiliary of the Episcopal Diooeee
of Western North Carolina conven
ed here Sunday Ap. 19, at St. Bar
nabas Church, with holy commun
ion celebrated by Bishop M. Geor
gge Hepry of Aaheville.
*A film on mission work in Liber- j
la was shown by Mrs. Mary T. New !
of Gastonla, president of the Wo-1
man's Auxiliary of the Diocese.
Mrs. Blanche Lyles, president of
the Fifth District, of Tryon. pre
sided.
Mrs Amy Neely gave the wel
come from the local church. Other
officers present were Mrs. E. L.
Kemper, Miss Frances Barr and
Mrs. James Howe.
The meeting closed with a lunch
eon by the congregation in the
Parish Hall.
Steve Roberts
Dies In Lenoir
Steve Roberts, of Lenoir, son of
the late Mr. and Mrs. John Roberts
of Murphy, died suddenly of a
heart attack at his home Sunday
night, April 12.
He was born in Cherokee Coun
Mrs. Brumby Dies
In Clearwater
Mr*. Ida Hunt Brumby, widow of
the late Bo Ian G. Brumby, former
ly of Marietta. Ga. and Murphy,
died In Clearwater, Flu., Saturday,
April 4.
Funeral service* were held ?t
11:30 Tuesday in St. James Episco
pal Church, with the Rev. Joseph
T. Walker officiating. Burial was
ty, May 30, 1900, and moved two
years ago to Lenoir, where he was
engaged in farming in the county.
Funeral services Were conducted
at 11 a. m Wednesday Ap. IS, in
the Church of God at Lenoir, with
burial in the church cemetery.
Surviving are the widow, Mrs
Leila Newton Roberts: four sons,
Clyde of Baltimore, Ma., John.
Fred, and Jack of the home; seven
daughters, Pauline, Li la Mae, Oleta
Geneva, Hattie. Ruth and Mary;
and 12 grandchildren; four broth
ers, Basg of Gretna, Va? Markr,
McComb, Ohio, Julius of Dallas,
Jake of Whltnell: five sisters, Mrs
Bill Harrison of Gretna, Mrs. H. C.
Coker, Athens, Tenn., Mrs. J. E.
Hogsed, Mrs. N. N. Barton, Mrs.
Clyde Brannon all of Murphy.
DOCKERY MONUMENT COMPANY
Marble and Granite Monuments of
all kinds. Twenty-four years service
to the public... 1929-1953.
PHONE 126-R MURPHY. N. C.
HYDE INSURANCE AGENCY
See us for reliable insurance
in any line
Phone 145 Murphy, N. C.
SPECIAL SERVICE
The Church of God
Murphy, N. C.
Time: Friday, Saturday & Sunday
May 1, 2, & 3, 1953
7:30 p. m.
Rev. G. L. Garringr heard over Lenoir City,
Tenn., each day, 11:30 a. m.
EVERYBODY WELCOME
Pasttor, R. G. Wilson
WHERE DID I
LEAVE IT?
p ?
Losing your luggage can be really expens
i
ive. Yet it costs so little to protect yourself
against this expense. Call us before you
make a trip. Find out about our Personal
Effects Insurance.
CITIZENS BANK & TRUST COMPANY
INSURANCE DEPARTMENT
Murphy Andrews
In St. James Episcopal Cemetery.
She is survived by one daughter,
Mrs Lincoln R Scafe at Marietta;
four sons, Lawrence R. Brumby, of
Macon, Ga, Solan C. Brumby
Jr. Clearwater Fin., Mangia Brum
by, New York City; Idward H.
Brumby of Murphy: *ix grandchild
ren and four great-grandchildren.
MOVING?
imr v (nv
Col... (
AMERICAN
RED BALL
T? AMMT COMPANY, MC
?ff&JAU if
SAFE ? DEPENDABLE ? ECONOMICAL
NATION-WIDE MOVING SERVICE
AUTHORIZES AGENT
Phone 202 Murphy, N. O.
Palmer Bros. Trucking Co. Inc.
GARDEN TOOLS
of Quality
. \
? Push Plows ? Hoes
? Spade Forks ? Rakes
? Wheelbarrows
? Ladies Hoes
? Floral Rakes
FARMERS FEDERATION CO-OP
The B*i> Household Enomol
You Can Use
PITTSBURGH
I
^ENAMEL
Today, put a new lustrous Irok^
on furniture and woodwork '
with Pittsburgh Watcrspar
Enamel. Easy to ap
ply, W aterspar dries
fast to a hard, mar
resistant fini<b.
\
*o??
fO**" UA
**0
$2.40 per Quart
MURPHY HARDWARE CO.
Murphy, N. C. Phone 25
PITTSBURGH PAINTS
Why accept less? Get all these
Dodge Extras
at new low prices.'*
Two-speed electric wipers
Safety-Rim wheels
Uniformly curved one-piece wjindshield
Oil bath air cleaner
Oilite fuel filter
Anti-rattle rotary door latches
Weatherproof ignition system
Longer-lasting baked enamel finish
Resistor spark plugs
Exhaust valve seat inserts
Oriflow shock absorbers
* Save Up To *201.80
across-the-board price reductions
mark big sales gain! jf
' 6-ilGHT OR SIX
Come in! Compare!
Specification! and tquipmnt tut/ret to dtMH mtkiml?!?.
?
Pick up the PHOME ,
FOR A'ROAD TEST* RIDE
E. C. MOORE
i#7 taluct urn atk. mmrar, w. c.