Newspapers / The Mount Airy News … / April 24, 1924, edition 1 / Page 4
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Invest Now In Building and Loan Stock Secure, or help your neighbor secure a home through the easy payment plan offche Building and Loan. DUES, 25c weekly for 337 wafca pay*, $ 8i2S PROFITS on inrestment, 15.75 Amount paid you on each there at end of 337 wiih, $100.00 Non-taxable to individual shareholder. BEGIN NOW TO SAVE FOR A HOME Worhmens Building & Loan , Association Scries beginning May 1st. Merritt Buildng Home Building & Loan Association Series beginning April 1st. Old Bank of Mount Airy Building Washable Walls as Soft as Velvet to the Eye W. E. Merritt Co. (f/KHOMlID AistS I Ml DBVOK PAINT AND.VARNISH PRODUCTS Thirty-Six Missionaries Arc Tampa, Fla., April 16.—Thirty-nix missionaries, 12 of whom will go in to foreign fields, were consecrated at a service held by Bishop W. B. Beau champ here tonight In connection with the conversion of the women's mission council of the Methodist Epis copal church, sooth. A solemn service, daring which each of the young women told of her inspirations for mission work and of the trials and struggles which at tended her education fitting herself for such duties was held, at the con clusion of which Bishop Beauchamp delivered a brief address and con duction the consecration. The session, which has attracted an attendance of several hnndred, will continue through Wednesday. To RbmII The Plant of Bailey Bros. Inc. Winston-Salem, April 16.—The to bacco plant and real estate of Bailey Brothers, Inc., which was sold at pub lic auction last month, following a voluntary petition in bankruptcy, filed with the Federal court in Greens boro last November, will be resold, a 6 per cent upset bid having been plac ed on the real estate, machinery, trade-marks and good will of the busi ness. The bidding at the next sale, which will take place next month, will start at $201,602.60, which is the hid of the above named parties credi tors of Bailey Bros. $800,000.00 EDNA MILLS 7 Per Cast Conralatrv* ^,,-1 | # -I 1 r rcicrea jioch Dividends Payable Quarterly The Edna Mills an con trolled br the una intereta that control tho Henrietta Milia. It is one of the moat successful textile mills in North Carolina. We recom mend this stock a* a safe, conservative invertment. Additional Information request. Price $100.00 and Dividend. AMERICAN TRUST CO. cHARi^rnfT'c * Frank B. One*. Mar. for I woo Id rather control Mich Skoth than to k» centtawMlj ihcM Prraidnt of the United Statoa and hi the nature of the raae nobodj can now ha wiae enough to foum, ot adroit enough to forestall, all th« way* in wl^ch private control of thil immense power aooree wfll be |n]*. dieial to the general public interest and profitable to a private interest THE HEAVY TAX ON TOBACCO Uacle Sum Collects Ft** Tim* A* Modi As TW Growei Gets For HU Crop The (omnmfflt of the Unite* States takes in nrtntM from th< bright tobacco grown by tlx farm en of Virginia and the Carolina* fin tine* as much as they receive foi their product. To prove the truth of this state ment regarding the revenue paid thi United States government during Um year from January 1, 1928, to Decern her 31. 1923, it is conservatively es timated that the output of cigarette* in the United States covering thii period was sixty-five billion, the* cigarettes not weighing more thai three pounds per thousand, for whid the government collects a tax of threi dollars per thousand. It is obviow therefore that on sixty billion etg arettes at three dollars per thousant the government collects a revenue a. *180,000,000. It rwjuires three pounds of leal tobacco in green order to manafse tare 1,000 cigarettes, therefore it it evident that the government is al ready collecting 91 per pound tax oc the leaf tobacco which is manufart ured into cigarettes in ' the Unite* States and its possessions. Records of the gross suction salei for the present season—192S crop show that in South Carolina. East era Carolina and the Old Belt tlx average to the gruwei will be ap proximately 20c, per pound gross. Thus it is evident that the govern ment ia already collecting five timet the amount which has been paid to the grower of this tobacco for Ml product. While it is said that the grower and the manufacturer, wholeeale dsalsi and retail dealer pass the tax oe to the consumer, it has been the custom in the past and always will he—thai when this commodity is taxed heavily it finally ends in coming oat of th< grower's pocket. Are Drinking Much Water Berlin, April 18.—Before the wii the arerage per capita consumption of coffee hi Germany wan fire poundi annually, and In 1923 It fell to abort one pound. The consumption of beet ii only about one-half what it wai be fore the war, and the me of tea and cocoa has fatten </tt In about the same proportion as coffee. The drink ing of milk in the big cities from one-teenth to one-fifth of To the above extent the people of Germany are becoming diluheis of Bit Apple Crop For Virginia This Year Richmond, Va„ April 18.—Pro ■pects for a good apple crop for Vlr accordlng to George W. Koiner eom according to flwgi W. Koiner com mlssioner of agriculture, Mr. said that the bw and that up to this time the had been nry favorable to the pr». doctioa of frait. What the hold hi store for the apple Mr. Kahwr refused t ing It was hard to say *Mt called attention to the by an vn.mUfTk? \ Win) Service Station Better Equipped to Serve Yon Then Ever Before in Electric and Battery Work W1LLARD BATTERIES Battery & Ekdtic Seroce C». Mem, Welch Block Resource! Over One Million Dollars First National Bank Mount Airy. N C. Has given satisfactory service to its customers for more than twenty-five years. What can we do for you? T. a FAWCETT, President W. W. BURKE, Vice-President E. & SMITH, Cashier I Flay and Be Happy Springtime is Overland time—with lots of places to go and healthful pleasure in going. Big power to take you. Big comfort to rest you. Big reliability. Ana the ex tra pleasure of econo my. Ride to good times in an Overland! Cham pion now $655i Sedan $795* f. o. b. Toledo. A. M. Smith tor Co.
The Mount Airy News (Mount Airy, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 24, 1924, edition 1
4
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