AFTEK JAPAJi TRAI)K
Kalelgh, May 27. ? The , Cotton Co-,
operative Associations o f the South
aie getting ready to go alter the Japa
nese trade? Japan la ualng over 700,
000 bales of American cotton at the
present time every year and General
Sales Manager C. B. Howard, of tha
American Cotton Growers' Exchange
believes from the Information he has
received that Japan offers the coopera
tive marketing associations a good
field.
Mr. Hcward expects to open a sales
office in Japan within a very short
time, the first sales office in the Orient
and this office will be in charge of
experienced coton men, equipped to
handle the trade in the tar east. Of
fices are already maintained in Livers
pool, Bremen, Harve, Milan, Barce
lona and Rotterdam.
General Manager U. B. Blalock of
' the North Carolina Cotton Qrowers'
Cooperative Aaaociatlon, accompanied
by Sales Manager Lawrence McRae
left Raleigh last night tor New York
i where they will confer with Mr. How
ard, who Is Bhortly to sail for Europe,
land who i? to visit the various sales
offices and In July will address the
International Cotton Congress In Vi
enna. This congress is composed of
cotton manufacturers of all countries
and Invited Mr. Howard to speak, to
them concerning the qsgperatjve mark
etlng method.
North Carolina Cooperatives have
sold some cotton for export but have
catered more largely to the demands
and needs of the mill trade of the
Carolines. Before leaving last night,
Mr. Blalock said that with three month
of the season yet to go, the North
Carolina Association was well up with
its program of the orderly marketing
of their cotton. More than 500 new
members have Joined tbe association
since May 1, Including a iaVge number
of big cotton producers.
( A Bit OK THANKS
We wish to thank our friends and
neighbors for the many kindnesses
shown us during the recent Illness
and death of our husband and father.
They will always be remembered.
Mrs. O. P. Harris and children.
FOR HOUSE OF REPRESENTATIVES
JAMES S. MASSENBURG
Courage. Conviction, dignity and to
be able to speak on his feet In con
demnation of unjust taxation and the
making of unjust laws are the at
tributes of a good Representative.
"Equal rights to all. special privileges
to none." 1 want your support.
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For Board of Education
from District No. 5
ASHER F. JOHNSON
Having served you in the capacity of Chairman of the Board
of Education since the death of one of the best friends the chil
dren of Franks n has ever had ? Capt. Arch Perry in February,
1923, I have seen the importance of the great educational work
in Franklin County more urgently than ever before, and it has
awakened an interest on my part that causes me to ask the sup
port of all the voters in Franklin County that I may do what I
can for the children who will be the men and women of tomor
row. It will be my pleasure to see that every dollar spent will
produce, as far as is humanly possible, one hundred cents worth
of results. I will appreciate your vote and your influence in the
coming primary.
Thanking you in advance, I am
YOURS FOR GOOD SCHOOLS,
Asher F. Johnson
FARMERS NATIONAL BANK
U. S. Government Supervision
LOUISBURG, - NORTH CAROLINA
We invite your banking business. Condensed statement of condition May 23rd, 1924, shown below:
\
ASSETS:'
Loans I . . . . .$104,907.43
U. S. Bonds ... '. . . 25,000.00
Stocks and Bonds 3,400.00
Overdrafts 2,092.91
Furniture and Fixtures 3,314.37
Other Assets 5,641.64
CASH 40,762.35
$185,718.70
INCREASE IN BANKING RESOURCES SINCE MARCH 1, $29,326.40
Safe, Conservative, Accommodating
T. H. DICKER'S, President H. M. STOVALL, Cashier E. H. PARHAM, Asst. Cashier
MISS VIRGINIA PERRY, Bookkeeper.
DIRECTORS: (Who really direct) T. H. Dickens, Chas. N. Sherrod, H. M. Stovall,
J. S. Howell, G. M. Beam. < S . .. i i .?
? ? Z , . >i rit
We will be glad to have you make Our bank Your bank
LIABILITIES:
#
Capital Stock, Surplus and Undivided Profits $ 34,215.19
Circulation * 25,000.00
Rediscounts 22,635.75
DEPOSITS 103,867.76
$185,718.70