Newspapers / The News-Journal (Raeford, N.C.) / July 29, 1943, edition 1 / Page 7
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THURSDAY, JULY 29th, 1943 THE NEWS - JOURNAL, RAEFORD, N. C PAGE SEVEN POOLE'S MEDLEY By D. SCOTT TOOLE It is now being said the Navy Is preparing for a six year war, so what is the use of so much post war writ ing? The Allies are slowly overrunning Sicily, and in a few weeks will oc cupy the whole island. Do not fret, because they move slowly. They save manpower by this being as cau tious as they can. Racford Institute was the neuclus arounu which Raeford town was built. Fort Dearborn was the beginning of Chicago. Not so long ago Atlanta, Ga. was a small city. I was there in March, 19(15, and there were only 125,000 population. I has a half mil linn now. When I studied Geography the pop ulation of the United States was thir ty million, Quacketibos' Grammar stated that there were 100,000 words in the English language. A late Gram mar placed the number of words in our language at four hundred thou sand. A boy said quarreling was the cause of the increase in the number of words "one word brings on ano ther. Washington, D. C. is running a STATEMENT ATLANTIC MUTUAL FIRE INSURANCE COMPANY SAVANNAH, GA. Condition December 31, 1942, as Shown by Statement Filed. Amount of Capital paid in cash $ 298,696.48 Amount Ledger Assets, Dec. 31st previous year $ 1,445.414.98 Increase paid up Capital, 2,151.48 Total $ 1,447;566.46 Income From Policyholders $ 648,211.00 Miscellaneous $ 107,304.26 Total S 755.515.26 Disbursements To Policyholders $ 203,194.73 Miscellaneous $ 499,097.39 Total $ 702,292.12 Fire Premiums Written or renewed during year, $1,044,735.31; In Force $ 1,489;388.48 All Other Premiums Written or renewed during year, $252,531.68; In Force $ 305,983.26 ASSETS Value of Real Estate $ 44,827.70 Mortgage Loans on Real Estate $ 191,752.17 Value of Bonds and Stocks $ 719,120.26 Cash in Company's Office $ 28,802.99 Deposited in Trust Companies and Banks not on interest $ 229,816.47 Deposited in Trust Companies and Banks on interest S 115,907.61 Agents' balances, representing business written subsequent to October 1, 1942 $ 139,495.70 Agents' balances, representing business written prior to October 1. 1942 $ 4,803.70 Bills receivable, taken for fire risks $ 19,737.75 Interest and Rents due and accrued $ 3,946.34 All other Assets, as detailed in statement $ 47,561.89 Total $ 1.545,772.58 Less Assets not admitted $ 36,629.53 Total admitted Assets $ 1,509,143.05 LIABILITIES Net amount of unpaid losses and claims $ 24,265.50 Unearned premiums $ 555.432.76 Estimated amount payable for Federal, State, county and municipal taxes due or accrued $ 13,000.00 Contingent commissions, or other charges due or accrued $ 4,500.00 Reinsurance and return premiums due other companies $ 39,517.49 All other liabilities, as detailed in statement $ 17,846.58 Total amount of all liabilities except Capital $ 654,562.33 Guaranty Capital $ 298,096.48 Surplus over all liabilities $ 556,484.24 Surplus as regards Policyholders $ 854,580.72 Total Liabilities $ 1,509,143.05 BUSINESS IN NORTH CAROLINA DURING 1942 Fire Risks written $4,144,171; Premiums received $ 36,826.00 All Other Risks written $1,049,155; Premiums received $ 9;212.00 Losses incurred Fire $10,729; Paid $ 10.195.00 Losses incurred All other $3,916; Paid $ 4,941.00 President, Fred Wessel, Sr. Treasurer, C. H. Schafer Secretary, Fred Wessel, Jr. Home Office 19 Bay St. East, Savannah, Ga. Attorney for service: Insurance Commissioner, Raleigh, N. C. STATE OF NORTH CAROLINA, Insurance Department. Raleigh, March 25th, 1943. I, William P. Hodges, Insurance Commissioner; do hereby certify that the above is a tsue and correct abstract of the statement of the Atlantic Mutual Fire Insurance Company of Savannah, Ga., filed with this Department; show ing the condition of said Company, on the 31st day of December, 1942. Witness my hand and official seal, the day and year above written. William P. Hodges, Insurance Commissioner. STATEMENT AMERICAN CREDIT INDEMNITY COMPANY BALTIMORE. MD. Condition December 31, 1942, as Shown by Statement -Filed Amount of Capital paid up in cash $ 1,500,000.00 Amount of Ledger Assets December 31st of previous year 6,194,741.88 Total $ 6.194,741.88 Income From Policyholders 2,211,296.44 Miscellaneous 164,465.66 Total $ 2,375,762.10 Disbursements--To Policyholders 35,602.95 Miscellaneous - $ 1,366,058.17 Total $ 1,401,661.12 ASSETS Value of Bonds and Stocks $ 5,411,767.50 Cash in Company's Office $ 2,065.68 Deposits in Trust Companies and Banks not on interest $ 1,690,633.82 Deposits in Trust Companies and Banks on interest $ 2.000.00 Interest and Rents due and accrued $ 24,596.57 Bills Receivable $ 144,724 33 All other Assets, as detailed in statement S 82,348.47 Total $ 7,193,439.43 Less Assets not admitted $ 130.434.93 Total admitted Assets $ 7,063,004.50 LIABILITIES Unpaid Claims $ 1.397,011.03 Unearned Premiums $ 1,115,176.25 Salaries, Rents, Expenses, Bills; Accounts; Fees; etc.; due or accrued $ 10,000.00 Estimated amount of Federal, State, county, and municipal taxes $ 409,159.23 All other Liabilities, as detailed in statement $ 430,486.15 Total amount of all Liabilities except Capital $ 3,361,832.66 Capital paid up $ 1,500,000.00 Surplus over all Liabilities $ 2,201,171.84 Surplus as regards Policyholders $ 3,701,171.84 Total Liabilities $ 7,063,004.50 BUSINESS IN NORTH CAROLINA DURING 1943 (a) Credit Premiums Received $15,516; Losses Paid $ 1,831.00 Totals Premiums Received $15,516; Losses Paid $ 1,831.00 President, J. F. McFadden Treasurer, S. C. Maguire Secretary, A. F. Stone Home Office First National Bank Bldg., Baltimore, Md. Attorney for service: Insurance Commissioner, Raleigh, N. C. STATE OF NORTH CAROLINA, Insurance Department Raleigh, Feb. 22nd, 1943. I, William P. Hodges, Insurance Commissioner, do hereby certify that the above it a true and correct abstract of the statement of the American Credit Company of Baltimore, Md., filed with this Department, showing the condi tion of said Company on the 31st day of December, 1942. Witness my hand and official seal, the iay and date above written. . William P. liodgee. Insurance Commissioner. word factory. it was stated early this week that your Uncle Samuel must borrow twenty-two billion dollars now soon to pay war expenses. It would puz zle this scribe to undertake to count out this money for them. I remember very well when news papers never had more than four pa ges, that is those I saw. Those on the magazine order had more, but small er papes. Farm journals were all the magazines I saw before I was grown. Only ten years ago cotton brought $35 a bale, that is, the best cotton sold for that. The price of tobacco aver aged only 7 cents a pound four years in thirty just prior to 1933. All this big financing teaches folks, or should teach, that low prices for essential crops, and the low wages accompanying low produce prices, are planned and executed by idlers who live at the expense of workers. There has always been too many drones in all beehives, and all com munities. Paul says those who do not labor shall not eat. I would be de lighted to see the Paul IDEA carried out. The Irving Stone, who wrote "They Also Ran." is the biggest lier I have ever read of. He classes all of whom he writes as "unstable in all their ways. Because they were defeated is no reason to class them as unworthy citizens and undesirables." I do not believe the United States has produced a greater statesman, citizens and scholar than William Jennings Bryan. Stone makes his spirituality the grounds of ridicule. That man is a son of Belial. The state of North Carolina has made wonderful progress within the past quarter of a century. There has been a wonderful increase in the wealth of the state. If our government can find ways in which to wage war, it should also by the same methods find money to make life easir lor us. COTTON QUIZ fPAM MOTOR FUEL BE OBTAIN- ...IN A RECENT EXPERIMENT DlESEt-MOTOR TRUCKS ATTAIN EO A MAXIMUM PERFORMANCE OF 14.5 MILES PER GALLON, BURNING Christmas Regulations Announced Washington. The six-week period between September 15 and October 31 has been designated as the time during which all Christmas mail should be posted for members of the Navy, Marine Corps and Coast Guard serving overseas, the Navy Depart ment has announced. The announcement states that ar rangements have been made by the Post Office Department for special handling of Christmas letters and packages mailed during that period in order that mail for sailors and Mari nes serving overseas will be received before the holidays. PARC ELS ARE MARKED. To facilitate this effort, senders are requested by the Navy Department to mark their packages "Christmas par cel" and to pay special attention to the addressing and packing require ments. Hundreds of packagea are lost daily because senders do not wrap them strongly enough to withstand the handling through numerous postal centers and the heat of a ship's hold. For the purpose of Christmas mail the term "overseas" means men who who receive their mail through a Fleet post office at San Francisco, Calif., New York City or Seattle, Wash. Letters and parcels should contain the name and address of the sender, the name, rank or rating of the addressee and the Naval or Marine unit to which he is assigned or the name of the ship and Fleet post office through which the mail is to be routed. LIMITED TO FIVE POUNDS Under postal regulations, Christ mas parcels cannot exceed five pounds in weight, or 15 inches in length or 36 inches in length and girth combined. Not more than one parcel will be accepted in any one week from the same sender for the same addressee. All articles should be packed in metal wooden or solid fiberboard or strong double-faced corrugated fiberboard or strong cardboard boxes. Fiberboard or cardboard boxes must be securely wrapped in strong paper and tied with twine. In addition, senders are cautioned that delays caused by the necessity for censorship will be min imized if the wrapping permits easy inspection of the contents of the package. Parcels shouM not include weap ons, perishables, intoxicants, poi sons, or inflamuble articles such as matches or lighter fluid. In general, the public is urged not to send food or clothing. Men serving overseas are amply provided with both, so shipping space for gifts should be used for other purposes Mail for members of the Navy, Marine Corps and Coast Guard may be insured or registered by the send er, the announcement states. Nationwide Molly ' j Pitcher Tag Day Washington, D. C. On August 4th, Molly Pitcher is stepping out of the pages oi Amen- Wilkins Succeeds R. H. Livermore Lumberton, July 20. P.. E. Wil kins, native of Alamance County and for the last eight years the head of the Liberty tobacco warehouse organ ization of this place, is the new presi dent of the Lumberton Tobacco Board of Trade. He was elected at the an nual meeting of the organization and will serve for the next year. Mr. Wil kins succeeds R. H. Livermore, tobac conist, merchant and banker. Other officers elected were: J. B. Rountree, Jr., Whitehead & Anderson, tobacco dealers first vice-president; Adrian B. McRae, Carolina ware house, second vice-president; Rom A. Hedgpeth, Hedgpeth warehouses, secretary-treasurer. In addition to the officers, the fol lowing make up the executive com mittee: W. E. Elmore, Interstate To bacco Co., tobacco dealers; Edward DeJarnette, Britt warehouse, and Mr. Livermore, retiring president. Under the state laws, the Tobacco Board of Trade has full charge of the operation of the Lumberton tobacco market, which is the tenth ranking size f the seventy-five flue-cured mar kets. Jasper C. Hutto is the Sales Supervisor. REMARKABLE EXPLOITS OF NORWAY'S GIRL SABOTEUR The Nazis placed a price on her i head! She had crippled troop move I ments, destroyed ammunition dumps land organized a black market whose merchandise was death. Read the j electrifying exploits of this Norwegi i an patriot. One of many features in I the August 8th issue of ! The American Weekly i The Big Magazine Distributed With ! THE BALTIMORE SUNDAY AMERICAN Order From Your Newsdealer V7 can history to sell War Bonds and Stamps. Tha pal who carried -tp . , I water to thirsty f4 A' i soldiers during jaiJVS, I the blistering V-J Battle of Hon- 1 ,u -J 1, over her hus band's cannon' when he was wounded. has long been a symbol of the heroism of American women. In her honor, brigades of modern Molly Pitchers will take their stands on nation-wide Molly Pitcher Day at street corners, building entrances, and in public places to sell the bonds and stamps that back up our mod ern fighting men. A red-white-and-blue Molly Pitch" er Tag will be given to everyona who purchases a bond or stamp on that day. Members of the American Legion Auxiliary, and of the Inde pendent Food Distributors Council unit of Molly Pitchers, will aid and augment local Women's War Sav ings Staffs to make up the volun teer sales force. They will use water pitchers to hold their supplies of tags and War Stamps. The slogan on tha tags will read "Fill the Pitcher with Bonds and Stamps on Molly Pitcher Day," and the goal of the sales force will be to "tag" tha total population. Mother Goose Has Rival In Cow That Flew Mediterranean With Allied Forces in Sicily, July 23. Mother Goose's famous bovine that jumped over the moon found a counterpart in reality today with the story of the cow that flew the Medi terranean. The yarn filtered back from advance positions that a Sicilian native, de lighted at the arrial of American troops, gave them his most highly prized possession, a cow. The quar termaster was stumped. No accom odations for cows were handy. The donor was indignant at the tactful suggestion that he keep the cow until life in occupied territory got upon a more normal basis. He had donated the cow and he wanted her accepted. So, the Americans, not to be out done in gratitude, loaded bossy aboard a transport plane and she was flown to Egypt for safe keeping. Thus, everybody was happy except, possibly, the air-going cow. READING & WRITING ,w St HENRY A. WALLACS f HAT fort of world ire we going to nave after the war is over? Thit'i a question on which many thinking people are dwelling these days. A most provocative book on this subject it "Prefaces to Peace, volume containing the writings of five leading American statesmen, which the Book-of-the-Month Club is distributing as a dividend this summer. The five statesmen are Wendell L Will Lie, Republican presidential candidate in 1940; Hepry A. Wallace, incumbent Vice President of the United States; Sumner Welles, Undersecretary of State, and Her bert Hoover and Hugh Gibson, the former an ex-president, and the latter once Am bassador to Belgium. "Prefaces to Peace" it i symposium on what these American leaders foresee for the post-war world. Included in the single vol ume are Mr. Willkie's "One World," the book that broke all modern publishing records; "The Problems of Lasting Peace," by Mr. Hoover and Mr. Gibson; Vice-President Wallace's "The Price of Free World Victory," adapted from his new book "The Century of the Common Man", and Mr. Welles "Blueprint for Peace," adapted from "The World of the Four Freedoms." Each of these works differs widely from the others on what plans the authors advocate for the establishment and maintenance of peace, once the war is over, but all of them are agreed on one point at least: thit the planning for the post-war world must be undertaken now, even while the war is going on, otherwise, even though we win the war, quite possibly we may lose the peace. In her book "The WAACs," which might be described as a book of etiquette for the Woman's Army Auxiliary Corps, Nancy Shea tells of the new recruit to the women s army who told her fellow Waacs she just loved to "get up for revelry!" The Waacs, according to Miss Shea, are al ready developing their own brand of army slang. A hope chest, for instance, is now nothing more than a Waac's foot locker; the student university is the post exchange; "Simon Legree" it the fond appellation bestowed upon s First Ser geant; and a "China Clipper" is a dishwasher on K.P. duty. . In his book "Mother Russia," Maurice Hindus t'lls many amazing stories of the activities of the Russians within Nazi-occupied territory. One of these concerns a woman named Fedosya Ivanovna, who lived in a small village deep in the heart of the Ukraine and who, in the days of peace, was much disliked by her neighbors because of her item sense of discipline and her dominat ing nature. When the Germans came, Fedosya entertained five German officers in her home, and even her daughter-in-law protested at the lavish amount of vodka with which the plied them. But the last bottle she drew out from her cellar was not vodka it was kerosene end the next morning there were only charred remains of her home. The five officers, as well as their hostess, had peruhed in the flames. - - STATEMENT CONTINENTAL INSURANCE COMPANY NEW YORK, N. Y. s Condition December 31, 1942, as Shewn by Statement Filed. Amount of Capital paid in cash $ 5,000,000.00 Amount Ledger Assets, Dec. 31st previous year 96,133,369.71 Total 96,133,369.71 Income From Policyholders 27,470.152.79 Miscellaneous 3,296,330.15 Total - 32,900,557.84 Disbursements To Policyholders 14,063,332.95 Miscellaneous 16,703.149.99 Total $ 30,766,482.94 Fire Premiums Written or renewed during year 24,712,624.98 In Force 37,722.695.17 All Other Premiums Written or renewed during year 31,016,731.68 In Force 13,783,441.08 ASSETS Value of Real Estate - - $ 352.500.00 Value of Bonds and Stocks - 86,213,615.63 Cash in Company's Office 8,503.50 Deposited in Trust Companies and Banks not on interest 6,797,050.42 Deposited in Trust Companies and Banks on interest 1,395.800.91 Agents' balances, representing business written subsequent to October 1, 1942 3,662,66.96 Agents' balances, reprc smting business written prior to October 1, 1942 463.857.11 Deduct Ceded Reinsurance Balances Payable 775,046.30 Bills receivable, taken for fire risks 127,990.84 Bills receivable, taken for other risks 9,988.26 Interest and Rents due and accrued 242,403.66 All other Assets, as detailed in statement $ 3,644,769.90 Total $102,144,100.89 Less Assets not admitted 1,623,018.35 Total admitted Assets $100,521,082.54 LIABILITIES NVt amount of unpaid los.-es ami claims $ 6,122.856.36 Unearned premiums . 23. CC6, 521.26 Salaries, rents, expenses, bills; accounts; fees; due or accrued 40,000.00 Estimated amount payable for Federal, State, county and municipal taxes due or accrued 717.450,00 Contingent commissions, or other charges due or accrued 1,065.000.00 All other liabilities, as detailed in statement. 3,275,000.00 Total amount of all liabilities except Capital $ 34.886,827.62 Capital actually paid up in cash 5,000,000.00 Surplus over all liabilities 60,634,254.92 Surplus as regards Policyholders $ 65.634,254.92 Total Liabilities $100,521,082.54 BUSINESS IN NORTH CAROLINA DI KING 1942. Fire Risks written $ 32,410,426.00 Premiums received 168.544.00 All Other Risks written $ 28,496,967.00 Premiums received 47,625.00 Losses incurred Fire $ 78,573.00 Paid 57,412 00 Losses incurred All other $ 28.313.00 Paid 28,502.00 President, Bernard W. Culver Treasurer, Chas. E. Swan Secretary, Will. E. Lamm, Jr. Home Office 80 Maiden Lane, New York, N. Y. Attorney for service: Insurance Commissioner, Raleigh, N. C. STATE OF NORTH CAROLINA, Insurance Department. Raleigh, May 20th, 1943. I, William P. Hodges, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Continental Insurance Company of New York, N. Y., filed with this Department, showing the condition of said Company, on the 31st day of December, 1942. Wiiness my hand and official seal, the day and year above written. William P. Hodges, Insurance Commissioner.
The News-Journal (Raeford, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 29, 1943, edition 1
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