COUNTRY IS PROSPEROUS.
FEDERAL BOARD REPORTS
D**Bu W Foreign Eaduwg*
Only Serious Outlook
Waahiagtoa, D. a—Great activity
l» emumardal lines, full employment
"* labor at high wage*, a r«adaption
of building aad a largo demand for
manufactures of all kind* are re
ported ia the Federal Reeerva
Board’s review of general basinets
and financial conditions throughoat
the country.
The Board points out that the d«
«!!»• laiforeign exchanges U regard
ed as likely to cans# a reduction ia
exports aad a consequent readjust
ment of domestic industry. This and
the industrial disturbances—which,
h*WTV*LM*‘ ■•beldiap—are the only
aotrn ia the report. The
Federal Reserve Board does not dis
cum the raaeoas for the shrinkage
•J foreign exchange, but financial au
thoritUa are agreed that It ia due
n large part to tho delay in ratify
Ib* Ou traaty of peapcc, and to the
resultant disquiet In Europe
1" of tho Federal' Reearvt
disUtcta baying ia mid to be oa a
scale without precedent, aad produo
tt“" In many places is falling far
short of demand. Thia tends to en
™*00 prices and provokes some tim
idity among coaacrvative manufact
..a i
.urert, who hesitate to commit them
selves far in advance. In the re
port from one district there U a
note of warning against extrava
gance on the part of the public.
From several of the districts comet
information that the growth of boa
tneae It more noticeable in term* of
dollars then in ualu of production.
In eocae aeetiena the high prices are
producing *: curtailment of baying
power.
The housing situation hat reached
a critical stags, the report says, but
this is likely to stimulate building
operations. The shortage of hours
is particularly acute in the Middle
Wat Already there is ar increase
m building la Chicago, St. Louis and
other points la the Middle West and
especially on thr Pacific Coast.
Investors will read with iatereal
the Federal Reserve Board's report
on the traffic la > securities many of
which arc unsound. This disposition
among wage camera to market their
Liberty Bond* and purchase stocks
and other securities offered to them
by promoters it obeervtble In all
parts of the country and the volume
of mice of this sort of paper Is in
creasing.
Dr. Ilsnry Van Dyke says: ‘‘Labor
unions are torn by disputes for con
trol by men who never did an honest
day's work la their livea"
PRISON BOARD APPROVES
STATE FARM PURCHASE
Approval of tha purchase of tha
•S* 8*nto prtaoo farm la
Wake county vu riven at the reyukr
monthly mceiay irf the prison board
horo yesterday and n vooeher for
approximately a quarter of . million
dollar* waa atoned far payment for
The deed* far tha
toad, 1.M1 acre*, are belay examined
py Attorney General Jam** 8. Maa
plny and aa aooo aa tha* ar oia roadt
am* they will bo filed for record and
the coocb er drawn la payment.
The board ordered the ante of n
Considerable part of the personal
bold at the Caledonia farm
in Halifax county, which wet recently
polo for mar* than half a mlHim
dollar*. The property rnnriat* lares
£ of live stock, farm machlnory.ete.,
in excess of the requirements of tbo
pew farm after It l* put la operation
dftofi dh mr The sale wfll be
held at the farm Friday af next wash
January 18.
About •,600,008 British women can
now vote for mombers of Parllaasent
*“ **•■»••»« “F onoeot soma of
the 66 Labor member* oa account of
popular disapproval of a sucemaloa
of i trill ex.
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guaranteed IX I
-in tons per eqaare J
=r= n *»eh—end reeili*
—— a cacy of the 3
= lAanoaVtiab 3
==: 3 AOTOTOM 3
-- 9 It ehowa thie re- 3
—. — 9 markable tubeeua- j
= 3 pending 3990 , ]
==. H Poen^e ^wUbou. 3
■ - 9 Won’* crack, 3
— 3 check, weaken. 3
= 3 Toogheet. etroog
== 3 cat, meet reaillent
=== 3 tube on the market.
■-B Not a "apodal **
*— 13 •>r»od. hot one
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It V. GAINEY. ■ i
Dealer I .
^DUNN, N. C. | 1
Professional Cards
* X. F. YOUNG JAMES BEST •
YOUNG S BEST •
* Attorneys at law •
* OAce 2nd floor of Firm Nation- •
•1 Bank Bldf. •
* Prompt attention give a to all •
9 huinrM •
* PRACTICE IN ALL COURTS •
******* • • • • •
l S. M. STEELMAN J
* OSco over Drm Store •
* DeW, N. C, •
* OSes boon: SOS to f*0 •
••••••ooe
* JESSE F. WILSON •
* ATTORNEY AT LAW •
* Dwna. N. C. •
* OBee over Flelakjaaa Bros' •
* Stan formally occupied by a •
* L. Godwin. Practice In nil •
* Coorta. Prompt Attention •
* to all Bnatoeae *
•••••••eeeee
* JOHN A JERNIGAM •
* DENTIST •
; »M*47 Pint National Bank •
Pbowe" No? SI
* * * * » » e ■ a
* _ATTMUWy"aTTLAW •
* OBee; M floor.Ut Nation* •
•
• PHONICS: Day, SO. N%kt SIS *
• DUNN, N, C.
*♦♦••• ••••••
7..
• J. CL OHM, N. A. TW—t •
• CUfVOBD A TOWNUMD •
' Attar—yi at 1— •
• MNa — M Saar af Dnt Nat- •
• ional Ark. Fmapt attwllw •
• ghm la an b—Paaa.
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I! Seminole Ph
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“ MANUFACTURED HERE ARE MADE ESPECIALLY
FOR THE SOILS OF THIS SECTION FROM THE
VERY BEST OF MATERIALS AVAILABLE
B
THEY ARE GUARANTEED TO STAND
EVERY TEST AND TO BE EQUAL IN EVERY WAY
TO THE VERY BEST FERTILIZERS YOU HAVE
EVER PURCHASED.
WE DO NOT ASK YOU TO TAKE OUR WORD
FOR THIS—YOU ARE INVITED TO VISIT OUR
PLANT AND SEE FOR YOURSELF JUST WHAT
GOES INTO EVERY TON WE MAKE.
> . * •
WE HAVE NO SECRET PROCESS-YOU CAN
SEE IT ALL AT THE PLANT, AND JUDGE FOR
YOURSELF AS TO ITS PURITY.
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MARVIN Made By DUNN. i
Manager SEMINOLE PHOSPHATE Co. BranS, !
!: ■-*
» . • . . * [ .
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aoowtN muu
A. Parker o# Dobs it
• f«w days wttk bar attka
paKEs,**^-^
In. W. M. Pna
Mis Mfla Jaata la aaaadlag a faw
*r> ia WUaUapto* wttk friaada.
Mr. aad Mm C P. Ward at* apand
rfimh*W ***** U rt*m<* A C. with
Miaaaa Sadia Markkas aad Amaya
laall* Grahua have rotaread to
iiaaaaboro «tan tkay ara atodanta
I "
In N. C. C. W.
Hamy Markham toft far WtAiat
tMj D. C. Batarday to taka ay hi
Mr. and Mr* H. J. Oaterkamp an
apaadlng a fow dan with Mia Onto
kaan’a paranta Mr. aad Mrs. D. A
Graham.
Mia* GUdya Wataaa of DaUaa, Qa
baa arrtrad to taka cbano of tfao mo
ato^dapartamat to tba Godwin Hi«J
Mia* Ctbai Graham ha* rotornaa
to Lladan to taka op her dutie* at i
matabtr of tba acboot faeatty.
Kb Tateltao Stalling ft Iiwhw
S. G. ia agoadlag her vacation with
her gunk Ms. and Mm 0. H. Ster
U"?. C/ Godwin and two aeoa Chsia Jr
days with kit auth
or Mrs. McIntyre.
Mrs. ITaywaad Howard ot —Ink
haig haa returned ta her haata after
■reding aaraaal days with her gar
I ecu Mr. and Mrs. E. T. Markham.
Mr*. M. E. Sterling and daughter
Eula Mac have returned U AutryvtUe
AUCTION!
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il 200 Duroc Jersey Hogs
4 ► '
! ! 4 LARGE BOARS,
:; io sows.
;: io gilts, :
; ; 60 SHOATS.
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Immune to Cholera
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' .130 PIGS. 10 to 12 wMki.
41 . • 4
January 21st, 11:00 a. m. i
; FREE BARBECUE j
SEZZZLFORD FARM
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: ONE MIIE WEST OF FAISON. N. C.
J BJUNG A BOX OR BAG AND GET A HOG AT YOUR
; OWN PRICE. ;
-ALSO
SHEEP AND JERSEY CATTLE !
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\ J. P. Fearrington, M. D.
!»»♦♦♦♦>•»><« ...
Don ’tSeUYour Cotton
On a Falling Market
Store it in
GENERAL UTILITY COMPANY’S GOVERN
MENT BONDED WAREHOUSE
B. O. TOWNSEND
Government Licensed Grader
_ DUNN, NORTH CAROLINA
: MACHINERY HEADQUARTERS |
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. . BOILERS GAS ENGINES LATUM
, ENGINES WOOD SAWS SHAPERS
I SAW MILLS CORN MILLS DRILL PRESSES
PLANERS PUMPS FORGES
COTTON GIN MACHINERY
Belting, Pulleys, Shafting, Saws, Packings,
Machine Shop and Oarage Equipment.
i! HYMAN SUPPLY COMPANY
Mill Supplies and Machinery
; WILMINGTON, N. cT . , NEW BERN, N. C.
DEPENDABILITY
I COMMERCIAL BANK
of DUNN
Strength it the first consideration in any institution.
This above *11 else, it must have if its to be really >ei i keable to a oon>
munity. It is one of our prominent qualities. Our stockholders give
us this strength. Here they are:
B. N. Duke
A. B. Duka
W. A! Erwin
J. C. Byrd
J. W. Jordan
L. R. Byrd
E. P. Davie
R. L. Godwin
J. K Hall
C. 8. Hick.
W. P. Holt
Mn. S. X, Holman
B. X. Jeffrey.
R. 8. Kelly
Julio. X. Lee
K. P- Lewi.
F. X. McKay
Prod W. XeXay
J. M. Hod*w
Johann Broo.
R. Smith
8. M Byrd
I. R. WiUis.ro*
Dr. R. L, Warren
Marvin Wade
J. L. Wade
M. A. Townaend
L. O. Hicks
J. C. Thorn
Q. M. Tilyhman
E. W. Smith
Edward Smith
J. W. Purdie
Edward Pnrdla
• J. D. Phillip*
' We invite and will appreciate the business of all legitimate in
dustry, guaranteeing to it tit* utmost in service and strength.
THE COMMERCIAL BANK
E. P. DAVIS, President and Cashier
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SERVICE |
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