Newspapers / Oxford Public Ledger (Oxford, … / April 16, 1913, edition 1 / Page 2
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PUBLIC LEDGE R-OXFOED BANNER. PUBLIC LEDGER kAND OXFORDBANNER PUBLICATION OFFICE: BRITT PRINTERY MITCHELL BUILDING. EiM-red as scod-ctas8 matter at postoffice Oxford Published Stfuii-Weeklv bv B.RITT & COBLE. J no. X. Britt. Da. A. Coble. EDITORS AND OWNERS. PRICE OF subscription: One Year $1 50 Six Months 75 Three Months 50 AOVTSlFiTISlrVG RATES. One year contruct 10c per inch. cet. each inser tion, run of paper. . Sixmoutha 12 l-2c per men, net. each maeruoa. run of paper. . . . . Three month ISc per Inch. net. run of paper for each insertion. .T, PREFERRED POSITIONS. On one year contract 12 l-2c per inch. net. each insertion- . , . Six months 15c per inch, net, each insertion. Three months lflct per inch. net. each insertion. One or two months 25c per inch. net. each inser tion Reading notices 5c per type line each insertion. , T : WEDNESDAY. APRIL 16th, 1913. The President on Patronage. The Washington correspondent of the Greensboro News of the 11th says: It was learned this afternoon that President Wilson will use his own judgment as to whether he will accept the recommendations of Sen ators Simmons and Overman or Sec retary Daniels, in the distribution of pie in the State. This will be more or less startling news to many North Carolinians who have pinned their faith to either one or the other of the Senators or Secretary Daniels. The President says he will use his own judgment in these matters, the long fixed rule which has been an unwritten law allowing Senators to recommend appointments for fede eral jobs within the bounds of their own States will not be followed by the President. In such cases as the President deems proper to Senators' recommendations will be accepted, but it was made clear that the Pres ident does not consider it necessary nor will he do so except when the man recommended by Senators is the man the President himself wants appointed. The Credit System. For six or eight years we have been living in an era of high prices and general prosperity. Under these conditions the naturral conclusion would be that the necessity for the credit system for buying fertilizers and supplies, to be paid for in the fall would no longer exist. But the sicidal credit system still prevails, and in some counties of the State nearly all the farmers buy their fer tilizers on time at a high premium over cash price. The time price is hardly ever less than 10 per cent, above the cash price and as the ac count or note becomes due in six months this ten per cent, interest for six months is equivalent to 20 percent, a year. The economic er ror is apparent when we consider that the business world considers 10 per a good hire for capital. The farmer who buys his fertilizer on time pays twice as much as is re garded as a good hire for capital. The mistake is farther reaching still. The farmer who has debts against the product that he raises for the market must sell the product during the "distressed" marketing season, and being unable to wait on better market conditions he sells at a sac rifice that frequently amounts to a loss of 25 per cent. The credit sys tem is the worst curse farmers have to contend with, and the Farmers' Union can't do a better thing than to preach against ruinous practice in season and out of season. There is no good excuse, says the Union Far mer, no good reason for the credit svstem and each individual farmer should have the nerve and will pow er to quit it, regardless of any tem porary inconvenience. Tha Absence Cure. The New York woman who lives ! with her husband for six months and then leaves him for six months considers that it is a cure for di vorce, contending that it prevents a couple of tirino: of each other. That might be called the absence cure, but it depends on the man whether in a six months' separation he has not had his affections totally alien ated. If she finds it a success in her case it is because she has a good husband. It would Drove the nn- posite in most cases, because the absence of a spouse for six months would indicate an indifference that the average man wouldn't stand for more than a month. A contemporary starts something by observing : "If a pretty Miss misses a kiss what's amiss?" It would be amiss to kiss a Miss, but if a Miss shnuld miss a kiss it might be because some saucy Mister miss ed her. ILice Kill Profits Experienced poultry raisers know that poultry lice reduce profits. Poultry can never do well when tortured with lice. Lousy hens won't lay; lousy chickens can't grow. pr2& Powdered Lice Killer exterminates lice. It does the wort thor oughly, quickly and at slight cost. I 25c and 50c per package. "Your Money Back if It Falls" Use it for all kinds of poultry, and th pro ductiveness of your htriis will l& larg iv in-crcastd. r For Sale by Breedlove & McFarland, Howell Bros. Long-Winston Co., Horner Bros. Co. REPORT OF THE CONDITION OF The Bank of Stem, At Stem, in the State of North Carolina, at the close of business April 4th 1913. RESOURCES. Loans and discounts $67,265.06 Banking house. Furniture and Fix tures 898.00 Due from banks and bankers 12,823.82 Gold coin 17.51) Silver coin, including all minor coin currency 1,220.38 National Bank notes and other U. S. notes 1,146.00 Total LIABILITIES. Capital stock paid in Surplus fund Undivided prof it-ss current ex penses and taxes paid. Time certi'icates of deposit Deposits subject to check Cashiers Checks outstanding... Accrued interest due depositors. 63,667.76 $3,000.0u 5,000.00 2,477.22 53.670.83 16,421.43 53.12 1 043.16 $83.&U?.7u Total State of N. C. Countv of Granville. SS: I, W. R. Mangum, Cashier of the'above named bank, do solemnly swear that the :.bove si;e ment is true to the best of my knowledge and be lief. V. R. MANGUM, Cashier Subscribed and sworn to before me, this 12th day of April 1913. E. G. CREWS. Notary Public Correct attest: J H. GOOCH, J. II. STEM. W. H. HUNT. Directors. Its aWell Known Fact Hies-Smaw Fu That Suushine and Fresh Air Grows the Healthy. Rosy Cheek Baby. The doctors will say you need a Spring Tonic, but that's for old folks. BABY'S TONIC is one of our beautiful Heywood Carriages Built for beauty, du rability and comfort. All of these impor tant points and more are found in the Hey wood Carriage. Ar tistic in design Heywood Your Gua:-antee. mire Company. HiLLSBORO STREET. OXFORD, N. C. The Famous Osfermoor Mattress Always In Stock. BOYLAN -PEARCE CO. f BOYLAN-PEARCE CO we Solicit Your Parcels Post Orders EfSHfilllllffl Ml mbi ratm Tlnis is Strictly a readies Store, ...So Intended... That every Woman may be able to find Everything in JDary Goods, Nottioiras, to Wear Gariments, Cairpets, R.-jigs And all else that she May Need Under One Roof. On Time Fiirst iflPlooi?. Dress Goods, Silks. White Goods, Linens, Laces, Em broideries, Knit Underwear, Hosiery, Gloves, Cotton Fabrics, Bleachings, Muslins and Cambrics. Oira Tlrie Secomd IFloor Coat Suits, Dresses, Skirts. Waists. Petticoats. Muslin i TT I . i-i. ti i t-. uuuerwear, torseis. millinery, Ribbons and t lowers. Ore. The TThiird IFloor-. Wilton, Velvets, Brussels and Ingrain Carpets, Art Squares, Rugs, Crex Grass and China and Japanese Straw Mattings, Linoleums and Oil Cloths. If Can't Find It In far Home Town Try oulan - Pearce Co. FAYETTEVILLE STREET. - - - RALEIGH, N. C. B Strong Financial Institution THE NATIONAL BANK OF GRANVILLE, OXFORD, N.C. II 0 VP of When a Banks Surplus equals its Capital the Bank is on the Honor Roll of Banks of the United States. Both the NATIONAL BANK OF GRANVILLE and the OXFORD SAVINGS BANK AND TRUST are on the Honor Roll of Banks. I o ABSOUT IE HHIY.7. Our first consideration. We have provided every known safeguard for protection of our depositors. olicit Your We usmess ECURITY Basedow E R VI CR AVINGS COMBINED STATEMENT OF CONDITION OF AND xford Savings Bank and Trust Co. At Close of Business April 4th, 1913. RESOURCES. Loans. .... $557,387.24 Overdrafts 2,015.41 United States Bonds . . 24,290.65 Office Furniture . . . 3,882.28 Cash & Due From Banks 177.632.39 57OT20W LIABILITIES. Capital $76,300.00 Surplus & Undivided Profits 80,467.00 Circulation 15,000.00 Deposits . . 593,440.96 $765,207-96 TiTTfiW "H 1 I HI E. T. WHITE, President. S 9 5! (Tin m fa Ml II OF ffilM H. G. COOPER, Vice-President. IV. T. YANCEY, Cashier. p
Oxford Public Ledger (Oxford, N.C.)
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April 16, 1913, edition 1
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