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The enterprise. volume (Williamston, N.C.) 1899-201?, July 09, 1940, Page 4, Image 4

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Williamston Native Gets Recognition As O _ Community Builder (Continued from page one) for the Community Builder award. Mr Howe described his public serv ice activities and also pointed out that he was efficient in the manage ment of his store which has recorded an increase in volume of business during each of the eight years under Jus direction. Since 1932 personnel of the store has increased from five to 18 clerks. For the past three ytpt, ire Tee the i-?cal store has led theventire pie's system of 133 units in percent age of gross profits based on inven tory The letter of nomination said in part" "The manner m which Jimmy James earned the good will of mer chants, bankers, store clerks, cus tomers and the av-t rage citueii. of Fredericksburg is worthy of study by other men whose duties take them into new communities, particularly the smaller towns. Jimmy James has been in-re lor eight years and we hope he'll stay a long, long twne for our town needs men like him who have the capacity and the willingness to build up our community." Mr. James was warmly congratu lated by those at the meeting for the signal honor he received. Those who spoke in commendation of his achievement and in praise of nis personal qualifications were City Manager L. J. Houston,* Jr., Claude Parcel!. City Council President; C. Archer Smith, Chamber of Com merce president; Kuszner Bauman, city treasurer. Ray K Hall. Cham ber of Commerce secretary. Officer* In I err ii pi II if: I'nker (wunte In (.onnty A big poker game was interrupt _ed in the Leggett's Mill section of Cross Roads Township last Sunday by county officers It was learned at the sheriff's office today that war rants are pending against fifteen "youths whose ages range from fif teen to twenty years. No serious trouble had been re ported in connection with the game which officers state had been under way m thi woods there during re cent weeks Officers withheld the names pending a more complete in vestigation ( \KI> OF TH \NKS The family of the late Mi Sad if Bowm wishes-trr? xpn >> lo thvir friends and neighbors their sincere appreciation for -the sympathy and kindness shown them during their bereavement and also for the beau tifv i Moral offerings Mrs A C Harrison and Children. Mr*. C. O. Moore Injured In Fall At Home Sunday Mrs. C G Moore was painfully but not seriously hurt in a fall at her home last Sunday morning. Suf fenng three broken ribs, she was removed to the local hospital for treatment 2(H) Business And Professional Men Express Interest (Continued from page one) the program The opposition, if these reports are accepted at their face value, will offer an opposition ap proximating 100 per cent. In other 'counties the support will hardly reach 50 p? r cent, it is claimed. In pointing out the big problem f of?getting farmers to the polls on 1 Saturday of next week. Mr. T. B. Sladi .?id in a mass meeting in the com t.lmust- 4asf week, that everyone ?.f the nearly 200 fanners present would have to see and get twenty i other farmers to participate if the referendum carries in tins county by | any sizable majority. ? Judging from the little interest --unH inrfiffj reported among Martin farmers, this county will hardly poll sixty or sixty-five per cent of the eligible vote. Farm leaders are frank in saying that unless more interest is shown in the referendum which is right here at hand that u planned program will be cast aside and chances for government help lost. Nearly 200 Martin County busi ness and professional men express ed their interest in the program this week when they pledged it their j support and addressed an appeal to all eligible farmers, cordially urg j ing them to consider the seriousness ? f the situation and act according ly. Born to Mr and Mrs. "Buddy" i Hall, a son at their apartment in the I home, of Mr. and Mrs. W. L. Manning [?on Smith wick Street last evening. Miss Hattie Taylor, student at A. I C C Wilson, visited her mother. Mrs. Mamie Taylor in Everetts last week-end. Shi- had as her guests two i fellow students. Miss Eleanor Blowe, jot Vanceboro. and Miss Nell Hen I derson. of Bonneau, S. C. Mrs. Margaret Hollingsworth, of Washington City, spent the week end with Mrs. Clyde Ward In the nine years from 1928 to t J937~tTIi Cot top -porduction or Rtis^ Ma was trebled and that of Brazil 4 wns-multiplied by nearly Tivx.' times, the National Cotton Council points "lit Today these two comparative ? mi l , in riiltim priiHiirlinn nr. count "for approximately six million i bales a year. British Sustain Heavy Losses At Sea Early Today (Continued from page one) J freedom whenever and wherever they can Tension in the Balkan States has t>een relieved to some extent. Hun j gary is sending representatives to | i Berlin, the capital of barbarism for a large portion of the world today. Japan is trying to make something out of the arrest of sixteen Chinese plainclothesmen by American ma I rines. and England is facing more ! trouble in the Far East, one report stating that an English ship had fall- j ? n into the hands of Japanese forces. Defense plans, while advancing rapidly in this country, are not with- i out interruption. The Packard Mo j tor Company yesterday turned down! a proposed contract for the manufac ture of 9,000 planes for this country and England. A new feat in aviation was accom-1 | plishcd today when a plane entered i j the stratosphere and sailed from California to New York 111 eleven I houi .^ and forty-five minutes. Full Production Schedule Awaits Plant Completion (Continued from page one) ] are almost up with the installation ' program, and it is expected that a ; full production schedule will be in augurated gradually over a period of several weeks. Timber sales have already been | effected and there is an ample sup ply of labor ready for work, indicat ing that smooth operations are to be | expected once the plant is complet ed in its entirety. 'While the plant can use exper ienced men, it is believed that suf ficient labor can be selected from the large list of applications now on file in the company s office. "We are anxious to give everyone employ ment that we possibly can, but job assignments will necessarily be slow," Mr. Bateman said. (,irl Seoul* Will Meet llere Tomorrow Afternoon Wo-He-Lo Girl Scouts will meet .it the high school building here to morruw afternoon at &30 o'clock lor an afternoon hike and supper. All tin scouts are invited. Master Jimmie .Ward and Miss Ituth Ward have returned home af ter visiting friends in Elizabeth City. Miss F.dna Palmer, of Elizabeth City, is visiting the Ward family here tins week. 3-Year Quotas Will Stabilize Allotments i Tobacco allotments will not be re duced in 1941 and the government will protect prices of this year's crop "at or slightly above the 1939 price level" if three-year quotas are approved in the flue-cured referen dum on July 20, says E Y. Floyd, AAA executive officer of N. C. State College. "One the other hand," Floyd de clared, "if three-year quotas are rejected and the one-year quota plan is continued through 1941, farm al lotments for next year will be 10 per cent less than the 1940 allotments and the government will not be able to protect prices at the level estab-1 lished last year." Commenting on what he termed ! "the most serious market situation ever faced by tobacco growers," the j AAA executive said: "Stocks of flue cured tobacco in this country are now 500 million pounds larger than a year ago. There is now growing I around 740,000 acres of flue-cured tobacco. With average yields, this I will result in a crop of around 650 million pounds. "Domestic manufacturers proba I bly will not want to buy over 400 million pounds this season, in view of their large purchases last sea son and with domestic consumption still under 400 million pounds an-' nually. < "At the present time there is lit tle demand from the export trade. If all the orders for the export trade that will be on the market at the opening of the buying season were added up. they probably would amount to between 100 and 150 mil lion pounds. "This means, therefore, that the buyers will probably not want more than 500 to 550 million pounds from the 1940 crop of tobacco. This would leave between 100 to 150 million pounds for which there will be no buyers except at extremely low prices. The government is prepared to make loans to remove this sur plus from the regular channels of trade. These loans will be depend ent upon approval of quotas. Wants WE BUY SECOND-HAND FRUIT jars. Any size or type will be pur chased. See or write Mrs. Zeno Bed dard, Williamston, N. C., R.F.D. 3. FURNISHED HOME FOR RENT ? Located 2 1-2 miles from James ~vritc. See me at unic. 11. M. Ilolli day, Jamesville, N. C. HOME FOR SALE: 7 ROOMS AND two baths. Located in good resi dential section and home practically neW. Will si'.il?at a bargain.?Call 171-W. Williamston. An Annual Event "?? WIUJAMSTOH It. MAPCCLI/ L fcOT HIH hi SMART WyW Plan To Attend Store-Wide Clearance SALE! Starts Thus., July 11th At 9:00 A. M. Reductions 25 to 5 0%&More Special Values in DRESSES Tin* first 50 customers entering the store Thursday will find at their disposal 50 DRESSES?Values to & 10.95. No Try-Ons?No Approvals in This Group. $1.00 Margolis Bros. Condensed Statement of Condition of Branch Banking & Trust Co WILLIAMSTON, NORTH CAROLINA ~~ At the Close of Business June 29, 1940 Resources Cash and Due from Banks *. $6,869,2.18.83 Obligations of the United States?Notes 1.971,000.00 Obligations of the United States?Bonds 1,824.188.57 Fed. Intermediate Credit Bank Debentures 895,000.00 Federal Land Bank Bonds ? 1,007,6.15.16 North Carolina Bonds 1.1.1.5.16.88 Municipal and Other Marketable Bonds 1,515,676.56 16.916,276.00 l^oans and Diseounts 2.977,259.54 Accrued Interest and Accounts Receivable 89,676.84 Banking Houses, Furniture and Fixtures, and Real Estate, Less J Depreciation Reserve (Tax Value $.115.814.00) , 2.12,574.61 ~ $20.215.787.00 Capital Stock?Common $ 400,000.00 Capital Stock?Preferred 100,000.00 ^ Z 750.000.00 ? ????????? ?#??#??????? I ov*v w?w Undivided Profits 388,026.34 Reserves 307,250.00 Dividend Payable uly 1. 1940 8,000.00 Unearned disc. & other liabilities . 55,232.87 Deposits 18,207,277.79 ] ] 020.215,787.00 (Estimated value of assets charged off not included above?$117,625.49) Upon the Strength of the Above Statement and the Backing of Our Directors, We So licit your Business, Promising Every Accommodation Consistent With Sound Banking. Sound Banking and Trust Service for Eastern Carolina

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