THURSDAY, JULY 29th, 1943
THE NEWS . JOURNAL, RAEFORD, N. C
PAGE THREE
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CARD OF THANKS
E. W. Norton and sisters wish to
thank their neighbors and friends for
the kindness and sympathy shown
them at the time of Miss Hella Nor
ton's death.
CLASSIFIED ADS
WHEN SIGNAL IS GIVEN
IT MEANS
YOU DO THISj,
WANTED Old Rags at The Ne
7X
Journal Office. Highest Prices Fi4
Bring what you have with button
and pins taken off. 8
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FOl'ND Two Mules. Own.T See W.
M. M( Fadyen. 1 U
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WAnjpivns
"Smoke fofers"
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CAUilUN! II tntmy plant! ! to dot bfor dbeovtrf Uto first a4il. signal will b RED. Uiten cIomM
i REMEMBER! Check yowr local regulation and ol?sprt Untold? "ts.: ' K'- '-r '
IMPORTANT: Tack Up This Notice!
THE TRUTH WILL OUT
We can't vouch for the truth or
originality of this story, but we'll
give it to you as it was told to us.
Our informant is a member of the
local law enforcement department
who got it from a state highway
patrol officer stationed in a neigh
boring town.
It seems that this patrolman,
while cruising about, espyed a
vehile in progress with a loose rear
license plate. Thinking to warn the
motorist, the patrolman followed the
car, blowing gently on his siren. The
car kept going. The siren blew loud
er. Still the driver rode on. The pa
trolman drew up along side of the car,
forcing the apparently deaf motorist
to the curb.
"Pull over," he ordered.
"Did you want me to stop, white
folks?" asked the driver, who was an
old colored man.
"Yes, did you know that your license
plate is about to drop oil?"
"Well, 1 tell you, cap'n," replyed
the old negro, "dat tag is only put on
there kinda temporary. It aint really
mine, I just borrowed it."
. "What!" exploded the long arm of
the law.
"And, white folks. I would have
stopped when you blowed but I aint
got no brakes".
As the officer reached for his book
to write a ticket 'the old colored man's
wife stuck her he;id out of a rear win
dow. "Don't pay no Mention to Mose,
white folks, he's drunk."
O
EMPTY BELLIES
outworn crop-restricting regulations.
We are still picking at the food prob
lem through- hall a dozen overlapping,
ol'ttimes conflicting agencies. The . . .
theories . . . are still Jn there pitch-
"Despite Pollyanna reassurances . . .
it looks like a long hungry war," says
the Portland. Oregon, Journal.
"Agriculture . . . hasn't gone for . . .
food subsidy propasals. It seeks in
stead what it terms necessity prices,
that is, prices sufficiently high to pay
increased costs of labor, seed, fertili
zer and transportation. It wants all
artificial restrictions on food produc
tion removed. It demands the aboli
tion of arbitrary and shortsighted lim
itations placed on agricultural gaso
line and farm machinery.
"The decade of farm problem fumb
ling, experimentation, and bureaucra
tic bungling, a decade in which a 47.-000,000-acre
cut was made in 17 lead
ing farm crops, isn't over, it appears.
We are still hanging on to some of our
-O-
A FEW FACTS TO REMEMBER
Since the last World War, $10,000.
000,000 has been spent for improve
ments to American railroads. For ev
esy dollar of additional stocks and
bonds, the railroads have spent $10
for additions and betterments. In
1918 there was an average of $10,000
worth of railroad equipment for each
man employed. Now each man uses
$20,000 worth.
Moving fighting equipment and
fighting men, war materials, food and
fuel has been the biggest transporta
tion job in history. Railroads in 1943
are moving twice as many ton-miles
of freight as in corresponding period
in 1918.
Freight rates generally are no high
er now than when the war started.
There are 600,000 fewer freight
cars in sen-ice today than in 1918. but
they carry 22 per cent more The
I average freight train does more than
twice as much work in an hour.
There are 26.000 fewer locomotives
than during the first World War, but
they are better locomotives and turn
out more work per day.
In the first three months of 1943.
passenger traffic was virtually double
Hint of the corresponding period in
1918. Troop movements quadrupled
those in the first World War.
The general level of railway travel
costs in recent years has been the low
est in railway history.
Railroad employes in 1942 averaged
1,271.000, as contrasted with 1,842.000
in 1918. and in 1942 employes receiv
ed in wages $2,932,000,000, as against
$2,614,000,000 in 1918.
Railroad taxes, per dollar of reve
nue, increased from 4.6c in 1918, to
16.1c in 1942.
O
Stores in Johanesburg are showing
many goods with Spanish labels.
South Africa now being Argentina's
third best customer.
O
Profits of the Casino, the gambling
resort at Vina del Mar. Chile, are ex
pected to reach $30,000,000 this sea
son, or double that of last year.
3
t itchisteel
Hghtinsh
JoAN'S a welder, of coure an
arc-welder. She's helping to hurry ,
another (hip down the wayi to wsr.
.What's the magic of the welder's rod
that build boat! to much faster end
lighter? What's the secret of the blue
arc blazing between Joan and her
weld? Electricity!
Thousand of Joans end Jims and
Joes busy on hundreds of freight
ere and fighting ships, burn up fan.
tastic amounts of electric power.
But suppose, when war began, this
power hadn't been ready? . . . Sup
pose America bad had to wok? ,
A year or two? ... But America
did have the power and no waiting!
Enough power for home and ships
and jeeps and plane. Fire timet the
power this country had in the last
war. More power than all the Axis
countries combined! And over 80
of this vast flood of power came from
the electric companies under business
management at low pre-war prices.
Electric power is plentiful and cheap
today because experienced men and
management knew how to do their
job because democracy gave them
the freedom to do it right.
They value that freedom for them
selves and all America!
DON'T W4STI EirCTRICirr JUST
irCJUSf IT ISN'T HATIOHtDI
Nht -tfm to H. NoMm."
vary Ta4r tvmmlmf, f it. I.W.T..
Carolina
POWER & LIGHT
Company
A battlewagon loaded with various
explosives, bombs, torpedoes, oil
and gasoline is not the safest place
to be with a fire raging, so all but
the smaller ships of our Navy are
equipped with elaborate fire fight
ing apparatus.
It may be that this equipment
never will be used during the en
tire course of the war, but it must
be paid for out of the War Bonds
and Stamps that we are settmg aside
each payday. U. S. Treasury Department
k PWJ IN DAYS
Liquid for Malarial Symptoms.
Professional Cards
NOTARY PUBLIC Sex RALPH
CHAPMAN. Hoke Auto (Chevro.
let) Co. Phone 230-1. 42-tf
ARTHUR D. GORE
Attorney and Counsellor at Law
Bank of Raeiord Building
N. McN. SMITH
Attorncy-at-Law
G. B. ROWLAND
Phone 2271 - Racford, N. C.
Attorney-at-Law
Office in Court House
The World'. Newt Seen Through s
The CmiisTiAN. Science3Monitor
A Utrrnttiond Daily Ntwtptprr
Is Truthful CoeJtmeuVs UnMatd Fna from Suatfaaal
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Futon TotMhcr villi the Wmklf Mfufaw Seeded, Make
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Tks Ouisuaa Sdann Publiiluna Sodacy
-. - One, Nmw Sawn, Benton, MaaacaMMM
fiist fltOO Yaarlr. r 11.00 a Mantk. ajU
laasriar !, aMlaolet MagadM Stion, I Lit a Yna,T
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CAMPLI COPY ON REQUEST
STATEMENT
MIDLAND MUTUAL 4FBEl s1NHJ,gANCE COMPANY
Condition December 31. 1943, a Shown by Statement Filed.
Amount of Capital paid up in cash 300,000.00
Amount of Ledger Assets I'ccemuer oim "i
year, "
Premium Income, S4.077.8R4.2fi; Miscellaneous
81,753,284.62; Total
Disbursements To Policyholders. $2,188,805.90;
Miscellaneous, $1753.338.5(1; Total
Business written during year Number of Policies 4,741;
Amount,
Business in forte at end of year Number Policies 63.0b4:
AT.ount.
ASSETS
Value of Real Estate (less amount of encar:.'..: antes ). .
Mortgage Loans on Real Estate
Loans made to Policyholders or. this Company's P-'lii's
assigned as collateral.
Premium notes on Policies in loroe
Net Value of Bonds and Stocks ...
Cash
Interest and Rents due and aicrucd
Preminums uncollected and deferred.
All other Assets, as detailed in statement,
35,132,581.15,
i
6,328,16888
3.942.1 4 40
11 379,533.00
133,4 7.979.M
1,":S8,684.88
1 4708,48625
"2.f,6.1 74.02
470.30484
Jf. 9?8. 852.45
526.450.84
21r),777.05
fi79.665.74
69,658.35
Total,
Less Assets not admitted
Total admitted Assets
LIABILITIES
Net Reserve, excluding Disability Provision.
Present value of amounts not yet duo on Supplementary
Contracts, etc
Policy Claims,
Dividends left with Company at interest
Premiums paid in advance.
Unearned Interest and Rent paid in advance.
Estimated Amount payable for Federal. Plate and othi r
Taxes
Dividends due Policyholders.
Amount set apart for future dividends
All other Liabilities, as detail'. ci in statement
$ 3R.414.055.42
87.421.57
$ 38.326,633 85
$ 29.678,199 00
2.506.122.1)0
92.7.')5.40
1,121.030.41
44.786 6)
92.354.93
83.0HO.IW
27.91834
560.839 7 J
1.078.916 C7
Total amount of all Liabilities, except Capital $ 35.285.909.tlt
CapiUil paid up in Cash. $ 300.000.00
I'nassigncd funds (surplus) 2.740,724.76 S 3.040;724.76
Total Liabilities, $ 38.326.633 85
Bl SINESS IN THE STATE OF NORTH CAROLINA DI RINO 1942
ORDINARY
Policies on the lives of citizens of said State in force
December 31st of previous year
Policies on the lives of citizens f said State issued
during the year,
Total
Deduct ceas d to be in force during t'ne year .
Policies in force December 31st. .
Losses an. I Claims incurred during year.
No.
738
112
50
39
Sit
Amount
Total
Losses and Claims settled during
Premium Income Ordinary.
Me year in lull
$ 1,841,375.00
451.446.00
$ 2. 292.821. Ot
181.487.00
$ 2.111.334.60
5.000.00
$ 5,0(10.00
S 5. 000.0
62.G12 98
Total, $ 62,612 98
President. Gcor?e W. Steinman Sei retarv. R. C. Witherii.n
Treasurer. Fred Vercoe Actuary, C. O. Sullivan
Home Office 580 E. Broad Street. Columbus, Ohio.
Attorney for Service: Insurance Commissioner. Raleigh N C
STATE OF NORTH CAROLINA Insurance Department,
Raleigh, May 4, 194J.
I, William P. Hodges. Insurance Conrr.issioner do hereby certify that the
aoove is a true and correct abstract of the statement of the Midland Mutual
Insurance Cunpany. of Columbus, Ohio filed with this Department; showing
the condition ol said Company on the 31st day of December, 1942.
Witness my hard and official seal the day and date above written.
William P. Hodges, Insurance Commissioner.
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