REPORT OF THE CONDITION OF
The Farmers National Bank
l< At I/OutsbWTg, In the State of North Carolina, at the close o f business on
October 10th,
RESOL'RCES
Loans and discounts, Including rediscounts, accep
tances of other banks, and foreign bills of ex
change or drafts sold with Indorsement of this
bank >&l * 121,363.48
Overdrafts, unsecured u, 686.79
Deposited to secure circulation (U. S. bonds par
Vttlu*) ? 25,000.00
All other United Sti.tes Government securities 250 00 25,250.00
Ottler bonds, stocks, securities, etc. 3,400.00
Furniture and fixtures ' 3,321.87
lawful reserve with Federal Reserve Bank 2,298.54
Cash In vault and amount due from national banks 2,564.36
Amount due from State banks, bankers, and trust companies In
the United States 1.577.48
Check9 on other banks in the same city or town as reporting bank 594.72
Total of Items 9. 10, 11. 12 and 13 3,158.09
Miscellaneous cash items : 3,985.80
Redemption fund with U. S. Treas. and due from U. S. Treas. 1,250.00
Other assets, if any 2,661.39
Total $168,954.43
LIABILITIES
Capital stock paid In $ 25,000.00
Surplus fund 5,000.00
Circulating notes outstanding 25,000.00
Amount duo to Federal Reservi Bank (deferred credits) 2,436.55
Cashier's checks outstanding 619.13
Tdtal of Items 21. 22, 23. 24 and 25 3,055.68
Individual deposits subject to deck 23,289,48
Certificates of deposit (other than for money borrowed) 23.558.44
Other lime deposits 1 25,322.70
Total cl time deposits subject to Reserve 48.881.14
Bills rv'Table (including all obligations representing money bor
rowed other han rediscounts) 12,000.00
Notes and bills redlscounted, including acceptances of other banks
and foreign bills of exchange or drafts sold with indorsement
of this bank 26,728.13
Total , J168.954.43
State oi North Carolina, County of Franklin, ss:
I. H. M. Stovall, Cashier of the above-named bank, do solemnly swear that
the aboie statement is true to the best of my knowledge and belief.
H. M. STOVALL. Cashier.
Correct ? Attest:
C. N. SHERROD,
J. S. HOWELL,
G. M. BEAM,
Directors.
S'lbscnb^d and sworr. to before me this 14th day of October, 1924.
RUTH W. THOMAS, Notary Public.
My Ccm. expires Dec. 27, 1924.
REPORT OF THE CONDITION OF
The First National Bank
At Loulsburg, In the State of North Carolina, at the close of business on
October 10th, 1924.
RESOURCES
Loans and discounts. Including rediscounts, accep
tances of other banks, and foreign bills of ex
change or drafts sold with Indorsement of this
bank $
Overdrafts, secured, $15,873.68 ; unsecured. None
Deposited to secure circulation (U. S. bonds par value) 50,000 . 00
All other United Slates Government securities 5,000.00
Other bends, Btocks, securities, etc. -
Banking House $25,000 . 00 ; Furniture and fixtures $4,000.00
Rteal estate owned other than banking house
Lawful reserve with Federal Reserve Bank
Cash in vault and amount due from national banks
Checks on other bank; in the same city or town as reporting bank
Miscellaneous cash items
Redemption fund with U. S. Treas. and due from U. 8. Treaa
501,348.84
15,873.68
55,000.00
14,277.75
29,000.00
6,706.36
22,681.38
81,418.51
1,562.92
2,096.97
2,600.00
Total 9 681,466.41
./v.; LIABILITIES
Capital stook paid in
. Surplus ftmdr
'Undivided profits .J.; 16,662.62
Reserved for interest and taxos accrued 2,800.00 17,952.62
Less curront 'expenses, interest, and taxes paid 10,339.99
Circulating Botes outstanding ?
Ampunt due to Federal Reserve Bank (deferred credits)
^Certified checks outstanding i
'TSMhie-'s checks outstanding J
? Tbtal cf Items 21, 22, 22, 24 and 25 8,440.86
/{?dividual deposits snbject to check
'Omlflcatoa of deposit (other than for money borrowed)
' State, county, or other municipal deposits secured by pledge of
' assets of this bank or surety bend
Other time deposits i_
' Total of tlihe deposits subject to Reserve - 827,618.07
Notes and bills redlscounted, including acceptances of other
banks ant! foreign bPls of exchange or drafts sold with in.
' dorsement of this bank
$60,900.00
10,000.00
7,612.63
50.000.00
6,864.30
127.18
1/459.42
172.264.64
102,996.76
21,717.08
202.805.23
66,630.22
T.
Total 1 9 681,466 41
* of North Carolina, County ot Franklin, ss:
T. I. Beasley, Cashier ot the above-named bank, do solemnly swear that
?bore statement is true to the beat of my knowledge and belief.
- r. J. BBABLEY. Caahier.
m Correct ? Attest:
? 5.W1 WM. H. RUFim.
* J>. V. MtKODO,
- MALCOLM MoKlNNB.
l/lx0CtOT8 ?
'Orn to before mr, this 14th day ot October, 1M4.
??1 NoUry Public.
Jan. 16, 1626.
STORAGE POINTERS
H)K SWEET POTATOES
Raleigh, Oct. 14. ? Successful stor
age of sweet potatoes depends on
harvesting the crop at the right time,
handling the roots carefully, proper,
ly curing the potatoes, and Intelligent
management of the storage hous?.
"The potatoes should not be dug
before they are mature but the bar
vest should be completed before the
first frost," says Robert Schmidt, as
sistant horticulturist for State
College Experiment Station. "A frost
ed potato will not keep. It is desirable
to harvest the potatoes when the wea
ther is bright and the soil dry. Avoid
rough handling as bruised potatoes
are easily attacked by disease.
"Moisture, temperature, and venti.
latlon are important factors in sweet
potato storage. When the potatoes are
freehly dug they contain an excessive
amount of moisture. This Is reduced
to the proper degree by the process
of curing."
To Insure the successful curing and
storing of the sweet potato crop a
definite program must be followed.
The following directions prepared by
Mr. Schmidt will be found helpful:
If the storage house has been used
before It should be thoroughly cleaned
before storage begins. The house
should be disinfected by s praying
with a solution of formaldehyde (one
pint of formalin to twenty-five gal.
Ions of water) or with a solution
nade by dissolving one pound of cop
per sulphate In twenty-Ore gallons
of water. Spray a second time about
twenty-four hours later. Then start
the fires and dry out the house.
Start the fires a day or two before
storing begins to insure dryness.
Fill the entire house or storage sec
tion in as short a time as possible.
Storage in crates is preferable to
storage in bins because it permits of
more thorough ventilation and greater
convenience in handling.
Maintain a temparature of 80-85 de
grees F. for the curing period which
usually takes from ten to fourteen
days. During this time give aU pos
sible ventilation during the day and
partial ventilation during the night
When the buds show a tendency to
sprout and the skin of the potato
feels "velvety," curing is completed.
When curing is completed, gradu
ally reduce the temperature to 50-55
degrees F and hold It at this peint
as uniformly as possible throughout
the storage period.
&se a good thermometer, Dp&'t
guess at the temperature. A hygro
meter will also prove valuable in de
termining the humidity of the bouse.
Give partial ventilation every day
during fair weather. If moisture col
lects on the walls, open therentlla
tors and bull/1 a slow fire to drive it
out. Fires will also be necessary dur
ing very cold weather.
The storage house should be in
spected dally.
* * * ? ? ? * ?' <
* B. r. P. P. COKNEB ? ?
? ?**???*???**?
This is a daily reading title as you
will notice and it is worthy of much
nctice. This advice is found in the
4th and 5th chapters of Tim., and is
given to a boy prcacher we might call
him or to a young christian worker
anyway. Paul here tells us to be an
example to "believers" in conversa
tion, first, and that is where ' e need
to be very careful for this is an age |
o( slang.speaklng young people. jand
often times worse than slang. ^JFlien
an example in charity, and I don't
think Paul meant us to be boastful
of the gifts that we make or public
with our deeds but to have the love
which suffereth long aud Is Und.
Other ways we may be example* in
are in spirit, in faltb, in purity, and
says give attendence unto reading, ex
hortation and doctrine. Many gtlted
lives are wasted because of failure
to develop their gifts. People read the
lives of christians more than what
they say, bo let us be very careful,
youthful christians, of what max be
read in us.
Dally Blblo readings.
Topic for the week. The Theseal
onian Letter.
Monday, October 20. Christ's second
coming. Read 1 Thes. 4 Key verse 16.
For the Lord Himself shall descend
from heaven with a shout? and i
dead in Christ shall rise first.
Tuesday, October 21. Watchful ohris
tlans. Read 1 Thes. 5. Key vera* I r
For ye are all sons of light, and Mas
of the day. ^ i
Wednesday, October 22, Worthy
Thru Christ. Read 2 Thes. 1:1-11; J:1
12. Key Terse 1:5. To the end that ye
may be counted worthy of the King
dom of God, for whtoh he also sntlsr.
Thursday, October 23. Christian
zeal. Read Thess. 2:12 to 3:18. Key
verse 3:13. Bat ye, brethern. be not
weary In well doing.
Friday, October. 24. A great 8nvlour
Read 1 Tim 1:1J?; 2: 1-17. Key verse
15. Christ Jesus came Into the world
| to save sinners, of whom I am chief.
Saturday, October 26. B. Y.P. V. ad
vice. Read 1 Tim. 3:14 to 4:16, Key
verse 12. Let no man despise thy
youth, but be thou an example to
them that believe.
Young doctors once had difficulty
In getting a start. Now all they I
to do is to hang out their shingle I
a railroad crossing.
What the farmer need* I* simplified!
economical government ? not any of
the quack remedies some of the hftlf
baked politician* propose.
Even good logic la not always the
I truth.
Oeaerally speaking, as a man'* Mask
account increases, hi* heart take* the
opposite direction.
Lighting never strikes twice la the
same *plaee. But this can't be said of
the family slipper. . ,
Business Property
AT AUCTION
THURSDAY, OCTOBER 23rd
AT 2:00 P. M.
This property is located in Louisburg on Nash St., opposite
Post Office, in the best business district in the city, consist
y g of two brick stores. One of the buildings is now occu
\ied by R. 0. Beck's Oarage. . '
YOUR PRICE
Will Do the Buying at This Sale
ON EASY TERMS
For further information about the sale see our Representative, Mr. F. M. Fitts, at
Franklin Hotel. ,
> SALE CONDUCTED BY
ATLANTIC COAST REALTY CO.
THE NAME THAT JUSTIFIES YOUR CONFIDENCE
OFFICES:?
PETERSBURG, VA. \ . r-;~ ' WINSTON-SALEM, N. C.~
An ignorant man in dead earnest
can make a more eloquent appeal than
a great orator who isn't.
If he growls when she makes the
brakes squeak in stopping the car, it's
his wife.
1
. -Washable maps have been Invented,
tfat the detours can't be erased.
Poor laws are not remedied by pass
ing more poor ones.
Reputations acquired through acci
dent are the most difficult to main
tain.
??
Tell a man he looks distinguished
and you can always get him to go on
your note. V
There is no pest worse than the
fellow who knows a little about every
subject that is mentioned.
o -
, Just to be plain decent, you don't
have to be ethical.
Bald-headed men are interested in
the report that long hair is coming
back.
<T^ : <1
Don't give up a good thing Inst be
cause you have another, use both of
them. T ^9 jp .
; v
' Jan music is said to be on the de
cline Jan politics will be after No
vember 4.
- What's a perfectly good murder
oonfeeslon without a reputation, any
*
- No past is wore than a man who
has wit, but uses no Judgment in ap
plying It. '
* Stillness 1s overlooked In pretty
women, but homely women have to
ihare sense to get by.
Every person who spring! a new
Idea Is regarded as a crank nntll other
Cranks see the wisdom of It
t r .
- No one ha* ever been able to explain
why bad boys are always the best at
most anything they try.
Slogans are good things to have
tying aronnd If they are pat IrtUJ prac
Gw. ??
1
Little boys should leara their arith
metic well or they will never be able
to catch the quarterback's signals,
i , .i . ?
Other people's money make* a tine
plaything. ?v
| A free country la one where people
lklek about an Increase in {fee price of
fprunee and brag aboafrfr^slo* -high
' tut gasoline.
Cover Crops!
Cover Crops!
Cover Crops!
Let's ask ourselves why the best farmers all over
the South today are sowing cover crops, talking cover
crops, and many of them even dreaming about cover
crops.
When we really let ourselves think what ails South
ern fanning, it's easy to see why cover crops consti
tute the medicine we are after. T^ie greatest needs
of our Southern soils are protection from washing and
more humus and nitrogen. Cover crops supply these
three needs, and supply them with less expenditure of
time, labor, and money than any other means. A sys
tematic and persistent use of cover crops will makei
poor landr rich, w^l give increased profit from the
rse of fertilizer, and will furnish the cheapest live
stock feed that wo can produce. They do all this
?r ithout interfering with the crops we habitually grow
and actually aid in making the crops that follow of bet
ter quality and heavier yields. ? (Progressive Farmer)