FEDERAL LAND BANK
REPORTS INCREASE
IN FORECLOSURES
Total of 184 Farms Sold to Satis
tfy Loans Daring First Six
Months of 1930.
"The Federal Land Bank of Co
-umbia and the National Farm Loan
Associations of the dwbrict sold dur
is( the first Six months of this year
184 farms compared with 29 during
the first six months of list year, ac
icording to a statement made in Fay
etteville by R. 3. Taylor, secretary of
the bank, while addressing the meet
ing of representatives of National
Farm Loan Associations from a doz
en or more counties of this part of
the State. The meeting was one o£
a series being held by officials of the
hank with group associations in the
land bank district, which embraces
South Carolina, North Carolina, Geor
gia and Florida, for the purpose of
discussing the making of long-term
amortized first mortgage loans. Dur
ing the last year the bank has made
loans through these associations ap
proximating $2,000,000 and its net
outstanding loans are $61,027,000.
“The policy of the bank and the as
sociations is not to dump foreclosed
properties indiscriminately upon the
market or to sell them at any price
offered, sacrificing values,” continued
Mr. Taylor. “On the contrary, it
considers each sale on its merits,
taking into consideration the general
conditions in the territory, the bank’s
investment, the cost of carrying the
property, and the possibilities of its
increase in value. Every effort is
made-to find desirable buyers, and to
convert noil-earning assets into those
■which not only bring income to the
bank, but relieve it of the cost of
carrying and supervision.
“During the first six months of this
year the bank receive^ many more
inquiries for farms and sold many
more farms than it did during ' the
first half of 1929. In the first three
weeks of July it sold approximately
$109,000 worth of properties. This
indicates to us that there is a demand
for farms at prevailing prices and I
shall be surprised if, commencing in
August, the sale of farms does not
show a material increase over a year
ago.
"There comes a time in every mark
et when it is opportune to buy and
when it is wise to sell. When farm
commodities drop below the coat of
production it usually is a safe time
to buy. likewise, when farm lands
reach such low prices than one can
easily figure a good return on them
over a series of years—a good liv
ing and interest and taxes—it is the
time for farmers to purchase farms,
i believe such a time is right now.
“In some parts of the United States
farm prices are actually registering
ah advance. I believe farms in many
places are selling today at below their
actual value judged by their income
producing capacity over a series of
years.
“In some sections of this bank dis
trict farmers are making crops more
cheaply than in any year since 1914
and in others since 1923. The low
cost is a partial offset, at least,
against low commodity prices. Farm
ers have more generally adopted the
live-at home policy and are not
spending every surplus dollar.' This,
and the spread of diversifiicati on of
farm-crops and the production of
more cash crops indicate a turn for
the better in the farming business.
position and are abandoning the idea
that the vogemment or any other
agency is going to solve their prob
lems.
farm labor is cheaper and plenti
ful. Unemployment in. cities in the
bank i district is not alarming and
low cost money should aid the manu
facturers, merchant and farmer. The
large sums being expended in build
ing roads are not only affording
many farmers part time employment
but they tend to increase the value
of farm and improve the farmers’
markets and thereby enhance his in
come.
“Payments of installments due the
bank on loans considering' the lack
of available short term farmer credit
in many places, are as good as could
be reasonably expected and compare
favorably with payments of one and
two years past. In fact, the produc
tion of more cash crops and truck for
home consumption is making farmers
less dependent upon short-term loans.
“By far the great majority of bor
rowers pay their installments prompt -
ly when due,” explained Mr. Taylor.
“Of the 31,048 borrowers through the
604 National Farm Loan Associations,
not more than 10 per cent become de
linquent from time to time. The
others are successful operators with
Well balanced programs of production.
This proves to us that agriculture in
the southeastern states has not fail
ed and there is plenty of room at the
top for red blooded Americans.” I
BLADDER IRRITATION
If functional bladder irritation dis
turbs your sleep,- or causes burning or
itching sensation, Backache, Leg
Pains, or Muscular Aches, making
you feel tired, depressed, and discour
aged, why not try the Crystex 48
Hour Test?, Don’t give up. Get
Crystex today. Put it to the test.
See for yourself how quickly it
works and what it does. Money
back if ' '' ' '
„ Try ’Crystex today? Only ‘ 60c,
leme Drug Company, agents.
'First Patient: "I made a clean-up
the other day.’ *
Second Patient: "How?"
First Patient: “Took a bath.”
THIS HUGE ARMY
OF 15,000 DAILY
DEMAND SARGON
Growing Army of Sargon
Would Encircle Globe in Only
Usere, Marching Single File,
Few Years Time.
Koy Kicnard L. Sims.)
Atlanta, Ga.,—More like a tele
from tte Arabian Nights of old than
a record of modem business achieve
ment reads the story of the marvel
ous growth and development of ,Sar
the New Scientific Compound
■which has become the sensation of
the*drug trade throughout the Unit
ed States, Canada and other coun
tries.
The old illustration of the pebble
dropped into the pool best describes
the phenomenal and unprecedented
demand and its fame is rapidly
spreading over the entire American
Continent like a great tidal wave.
Recently compiled figures reveal
that approximately 15,000 men and
women are marching into the drug
stores daily for Sargon and Sargon
Soft Mass Pills, the marvelous and
new treatment that is restoring health
to countless thousands by new and
remarkable methods undreamed of
only a few years ago.
Already more than 5,000,000 suffer
ing men and women have put it to the
test and have told other millions what
it has done for them.
Marching in regulation U. g. Army
fashion—single file—this vast army
of Sargon users would reach from
New York to San Francisco and at
the present rate of sale—would, in
a few years, encircle the entire globe.
The only explanation of Sargon’s1
triumph in the Medical World is Sar
gon’s true worth. Back of its tri
umph in the drug stores is its tri
umph in the homes and it is the grate
ful endorsement of its millions of
users that ha% made it the most wide- j
ly talked of rhedicine in the world to
day. ■ I
Sargon is extensively advertised, it
is true, but no preparation, no matter
how extensively advertised, could pos
sibly meet with such phenomenal
success unless it possessed absolute
merit and extraordinary powers as a
medicine. |
There can be but one possible ex
planation for Sargon’s amazing sue- |
cess and it can be told in one word—
MERIT! j
Crabtree Drug Company, Agents.
ONE IN 13 BABIES DIE FIRST
YEAR.
One out of every 13.6 babies bom
annually in the United States dies !
before reaching his first birthday, ac-!
cording to the survey of the American
Research' Foundation, based on the
latest statistics in the registration
areas of this country.
“Of 1,866,068 babies bom in Amer-j
ica every year, an average of 136,116
die before the end of 12 months,’’ says
a bulletin covering the survey. “That
big percentage of mortality among
the nation’s babies occurs during the
first month of life. Deaths in a ma
jority of the cases are due to lack
of proper care, and to the fact that
mothers make more mistakes in the
first weeks of their babie’ lives than
in the remainder of the first year.
"Such a situation is a challenge
that no civilized country can long
hope to evade. Everybody should
be under regular medical care from
birth. Mothers should seek the ad- j
vice of competent doctors while their
babies are still well instead of wait- j
ing until they are ailing. A doctor
can help keep; the baby well and!
thriving. Professional advice from a
physician is the very best insurance
against infant mortality.
“The health program of an in
fant’s life demands that he be given
the proper start with mother’s milk
if POSSiMS 55 Vo If ^amon/)a
also that he have long hours of sleep
both day and night with windows
open and an adequate amount of sun
shine. These few simple aids to in
fant health are universal heritage of
American babyhood, and there can
be no question that they can have a
most favorable effect on the country’s
infant morality rate.”
ST. HELENA HAS AN
AUTOMOBILE
St. Helena, famous in history as
the site of Napoleon’s exile and burial 1
Slace for 20 years, at last has an au- 1
>roobile, / . j
Along- with Bermuda and other in
sular territories, St- Helena has long
barred the motor car., First intima
tion that the embargo had been lifted
came in an unsolicited testimonial
received by the General Motors Ex
port Company from the St. Helena
Corp. Ltd., importers and exporters,
who do a flourishing business on
the island.
Excerpts from the letter state that
"until the commencement of this
year, mechanical transport was pro
hibited. It is now sanctioned, how
ever, and we have imported the first
motor lorry that the island has seen.
“For the purpose of collecting raw
material from ' our plantations, and
the cartage of pre'pared hemp from the
mills to the wharf, we have had to
maintain a large amount of animal
transport which in this island is very
expensive and allows no comparison
with the cost of transport by me
chanical means. Consequently, di
rectly legislation permitted, we im
ported a motor lorry as mentioned,
and_ before doing so we considered the
vehicle which in our opinion be the
most suitable. Of a large number
of vehicles offered, we concluded that
for the price your Chevrolet 30 cwt.
I -Q. model was the most suitable, and
this is the vehicle we imported from
England and which today Is the pio
neer of commercial transport in St.
Helena.”
Lifting of the band on motorized
transportation will mean another new
outlet for American cars in the over
seas market, although a circumscrib
ed market. While St. Helena is
twice the size of Manhattan, its'pop
ulartMfcitnwnsss jgtfey-w fata ♦Imasstai
- wMoevav wzy wZvwuZZXIU
people, and the roads now open to.
traffic are little more than animal1
trails. Steep grades and hairpin
bends abound, with two miles on level
road on the entire island, the latter
states. A start has been made by
the government toward the betterment
of the highways, however.
After their Chevrolet truck had
• •
IWO, Uootn ft Mvt*s Toiacco Co.
Mildi
)ER, YES-BUT SOMETHING MORE.
Chesterfield offers richness, aroma, satisfying
flavor.
BETTER TASTE'—that's the answer; and
that’s obefcers get in Chesterfield in full
est measure—the 'flavor and aroma of mellow
tobaccos, exactly blended and cross-blended.
Better taste, and milder too!
demonstrated unusual economies over
animal transportation, the St. Helena
Corp., foreseeing the possibilities of
mechanical transportation, asked to
be considered for the dealer franchise
for that far-away territory.
wtr A»r nnnnr n o i v
*" Jcw_r«rMja OAt fiuvci
SPEAGOLAX.
f ind speagolax Be The Best
The Market. _ -
_ _ Spring Hope, N. C.
Speagolax Medicine Go.,
Durham, N. C. ■?
©ear £5irs:..
I find your medicine to be the best
on the market and I believe it will do
just as it is claimed to do.
Yours truly.
WELDON HALL.
A lady in the Minneapolis rail
road station with two babies in her
arms was trying to get at her purse
in order to purchase a ticket.
The alert Red Cap every ready to
assist, offered to hold one of the ba
bies.
The woman s*vmg obtained the
ticket, relieved him with a smile of
thanks.
“Are these twin babies?” inquired
the man in an embarrassed voice.
“Yes,” replitd the woman, “they
were bom on election day. We nam
ed one Smith and other Hoover.”
“Well,” replied the Red Cap, ’I
guess I was holding Smith.’
FOK SHERIFF
I hereby announce myself~a candi
date for the office of Sheriff of Lee
County.
William A. Bingham.
SPECIAL
LOW FARES
a a VT?ADn
A* V/A%K/
—TO—
Atlanta, Ga ...... .$ 0.25
Birmingham, Ala . 11.25
Chattanooga, Tenn.___ 11.25
New Orleans, La ....... ^4.25
And Gulf Coast Points and Return,
FRIDAY, AUGUST 15.
Additional selling dates September
5-27.
For Information, call Agent
Seaboard
Final Reduction on all Summer Dresses
£
Fast color print dresses. Assorted sizes
$2.98 dresses Now_.$1.98
$1.98 dresses Now ~ , .... $1.48
New solid eolor pique dresses.$1.00
(
1 lot $5.95 dresses, assorted prints and
solid color crepes. Clean sweep $2.98
50 beautiful print and solid color crepe
dresses $4.95 to $9.75 value
SPECIAL......$3.95
*-■ —--.
18 navy georgette dresses, $15.00 and
$16.75 values. Special $5.95
$9.75 and $16.75 summer dresses. Light
shades, each ... $5.95
V————_
l——II
1 rack $14.95 dresses. Flat cx-epe and
thiffons. Mostly solid colors.$9.95
AU summer hats reduced to_$1.00
————
WILLIAMS-BELK CO
-AS
• •
Now Is the Time to
Do Your Painting..
WE HAVE MOORE’S PAINTS—INSIDE
AND OUTSIDE PAINTS—
ENAMELS—ALL COLORS
VARNISHES.
COME TO SEE US
Lee Hardware Co.
“The Winchester Store. ”
Wicker Street, ' >. Sanford, N. C.
SPECIAL
LOW FARES
SANFORD
— TO—
Old Point, Va..N.... $6.60
Portsmouth, Va. .. . $6.60
Va. Beach, Va. — — -.$7.00
Richmond, Va. — — ........$6.60
^*5==^—-. Owl Hatorin .
- FRIDAY, AUGUST 8, 19?Q.
Limited August 13tli.
Additional Selling date
SEPTEMBER 12th.
Seaboard
TRY CHIROPRACTIC FOR
Stomach Troubles* Horarseness,
Liver Troubles, Sore Throat,
Kindey Troubles, Constipation,
Paralysis,
Blindness,
Deafness,
Loss of Appetite
Indigestion,
Gastritis,
High Blood Pi
Nervousness,
Headaches
Backache,
Colds,
Neuralgia,
Neuritis,
Lumbago,
Goitris,
Debility,
Sciatica, Chronic
Bronchitis.
Other conditions too nume
to mention.
DR. R. O. HUMPHREY,
• Sanford, N. C.
teiric K
Appendicitis,