HREE TRIBUNE HOLDS THE TROPHY CUP AS THE BEST NEWSPAPER IN NORTH CAROLINA OUTSIDE THE DAILY FIELD K-"The Best Town In Krth Carolina" |FSI. NO. XXI, No. 47 LOCAL B. & L. WILL SUBSCRIBE TO STOCK IN HOME LOAN BANK Armf ield Attends Meet ing In Greensboro Tuesday Night WILL HELP LOCALLY At a meeting at the King Cotton hotel In Greensboio Tuesday night, approximately 160 representatives of building and loan associations from a dozen counties gavo their unquali fied support to the new federal home loan bank system in conformi ty with a motion presented by Leon Cash, of Winston-Salem. C. G. Arm field, secretary of the local Elkin- Jonesvllle association was among the representatives. O. K. La Roche, of Raleigh, super visor of the building and loan di vision of the state insurance de partment, was the chief speaker, who explained the workings of the home loan bank, which will make loans through local lending agencies such as building and loan associations, and not direct, except in very rare cases, as has been the general opin ion. Mr. Armfield stated that the di rectors of the local association have authorized subscription of stock In the home loan bank. The bank, Mr. Armfield said, will have the tendency to relieve the home owner who wants to hold his home, but is financially unable to do so. However, as Mr. La Roche said in his address, the home loan bank will not act as a Santa Claus - and clear a mortgaged home of debt without the owner making regular payments, but is for the purpose of helping the borrower who wants to heja. himself. It waß suggested that everyone who needs to refinance his home, but is unable to get the loan car ried by the present lender, get in touch with the local building and loan officials or local bankers, and talk the matter over frankly with them. The home loan bank will, in ad dition to helping the heavily bur dened home owner, also tend to help the local real estate situation, Mr. Armfield said, in that it will cause local investors to buy building and loan stock and thereby turn loose idle money in the community for home ownership. The fe'deral home loan banks, Mr. Armfield said, will provide an out let )or the handling of real, estate first mortgages, and will occupy, for the mortgage companies, the posi tion of the federal reserve banks, to its members. BROUGHTON TO GET HERE MONDAY NOON Very Important That Borrowers See Federal Reserve Man A. M. Broughton, representative of the Federal Reserve bank, of Richmond, who has been in Win ston-Salem for the past two weeks at the Peoples' National Bank, will arrive in Elkln next Monday at noon and will stay here through the following Friday, during which time it is requested and expected that all borrowers whose notes have been transferred from The Elkin Nation al Bank to the Federal Reserve 1 Bank, call at the local bank and see , him, W. H. Spradlin, receiver, an nounced Monday. It is Imperative that borrowers see Mr. Broughton, Mr. Spradlin said, in order that ,they may discuss the question of borrowings directly and in person. It will also' be nec essary" that they bring along a copy of their financial statement, he said. Mr. Broughton has Just concluded his work in Winston-Salem at the Peoples' National Bank. Mr. 'Sprad lin said that only one borrower re .fused to call and see him there and %that an a result suit against this borrower was instituted immediate ly by the Federal Reserve bank. The receiver also stated that he wished It announced that regardless of russora. which might bo circula ted as to the non-importance of see ing the representative, -it was of the utmost Importance to those con cerned to see him. L*% *: ELKIN COMMUNITY FAIR, THURSDAY-FRIDAY, SEPT. 29-30 M ■ •" - •>- - / Wsr 7 - s > W\- " ' . Wt '■'Sl a ■■ ■ ■ 1/ ■ | i | ■ I Random Camera Shots from the News aSSF . afefe- Sftjj IKWP ! *gr' §■ i m k " 4 ' WSSmM ( M y&M - I / 1/ . ■ wKI * I A \ I Upper left is a late photo of Mrs. Rudy Valee, who decided to divorce her famous "Vagabond Lover," but didn't, while to the upper right is Ellsworth Vines, the world's new tennis king, who hails from California. liower left is Miss Dorothy Hann, of Camden, N. J., who has recently been crowned as "Miss America" for 1982, and, lower right, we find Miss Hernice Agrast, first president of the newly organized Artists and Models Union, of Chicago .g. ■ 1 ■ Elkin F Jotball Squad Is Fast Shaping Up As Team Points For M.P.I. Game Heavy Schedule, With But One Date Open, Faces Local Gridiron Warriors. Good Spirit Is Being Shown By The Boys, Coach Hood Says, And A Light, Fast And Creditable Team Expected Faced with a heavy schedule against gridiron opponents far more experienced and In many cases heavier, the newly formed football squad of Elkin high school for the past two weeks has been breaking the silence of the big bottom across Big Elkln creek, west of the school building, by. such war-whoops as "hike", "tackle him", "hit him hard" and other gridiron expressions the while Coach Hood as been whipping into them the fundamentals of the game and slicing away great bunks of the schools past athletic inertia. According to Coach Hogd. the boyß are showing a fine spirit and are rapidly shaping into a credita ble football aggregation fairly Itch ing for the action which will greet theia when they meet Mountain Park here 30 in what will be their first gridiron baptism. Although he has a first string in mind, Coach Hood stated that every position is as yet wide open, aDd those who start in the open' J game with Mountain Park Gold Is Discovered In Hills Of Surry County; Assays $6.18 A vein of gold deemed profita ble for commercial exploitation has been discovered In Barry county between Mt. Airy and Gap, according to a story pub lished in the Mount Airy Times. According to The Time*, the soil from the location of the vein was sent to Utah for government teats, and Is reported to have as sayed 96.18 per ton. Any dirt that assays as high as 95.00 per ton is considered profitable for mining. t The location of the strike or who discovered it, was not made public. ELKIN, N. C., THURSDAY, SEPTEMBER 22, 1932 *ll the ones who show the most fight and improvement between now and the date of the game. Some of the larger boys, he said, may je sur prised to Bee some of the smaller boys in the opening line-up. Although not heavy, the local team is expected to be both light (ant as compared with the Mountain Park team which is said to be made up of heavy material and to be a formidable opponent. The schedule for the coming sea son is as follow: SPARTA MAN MEETS DEATH IN ACCIDENT Funeral Services Held This Morning at 10 o'clock at Peach Bottom; Killed In Runaway Funeral services for John Delp, 72, of Sparta, who died Tuesday In a Galax, Va., hospital as the result of a fractured skull received while he was hauling feed Monday, will be held at 10 o'clock this morning at Peach Bottom. The accident which led to Mr. Delp'a injury came about when his team ran away, throwing him on the concrete highway. He did not regain consciousness. His son-in-law, who was on# the wagon at the time of the accident, suffered an injured shoulder. Surviving is a daughter-in-law, Mrs. Frank Delp, and one sister, Mrs. Nando Farmer, of Galax, Va. BUSINESS HORIZON IS BRIGHTER LOCAL MERCHANTS THINK Better Spirit Prevails As Majority Stop Talking Depression ARE OPTIMISTIC With both the Chatham Manufac turing company and the Elkin Furni ture company running full time with nice orders, and the newspapers carrying daily stories of improved business throughout the nation, the bug of optimism has apparently bit ten local merchants and business men, the majority voicing the opin ion that better times aro slowly but surely coming back. Six months ago only a tale of woe greeted the listener when the topic of business was brought up, every one seemingly of the opinion that business was on a slide which had no bottom but today a more cheer- I ful outlook is in evidence locally. Many Elkin business men, when approached on the subject, have stated that business has been better and although not yet anything to get excited about, pointed to the fact that, the business horizon is be ginning to show signs of light. Some have wanted to place the credit for the upturn upon the nomi nation of Franklin D. Roosevelt for president, while others are firm in their belief that Mr. Hoover is sole ly responsible. However, regardless of who or what is responsible, the fact is there that locally people are talking better times —a sure sign that'confidence is returning and that sooner or later prosperity will find that corner it has hunted so long— and > ill turn it. MAJORITY OF SURRY SCHOOLS ARE OPEN Dobson And White Plains Schools To Begin Sept. 26 Surry county school teachera in rural schools gathered Saturday morning at Dobson high school for the first county-wide teachers' meet ing of the year in order to work out plans for the opening of the ma jority of the rural schools the past Monday. The Franklin high school opened Monday, September 12 while Pilot Mountain high school opened last Thursday morning. Among the schools which opened last Monday were Westfleld, Flat Rock, Cope land, Beulah, Low t>ap, Mountain Park, and the elementary schools at Bannertown, Rockford, Cook's and Salem. White Plains high schcol and Dobson high school will open Monday, September 26. The six months elementary schools will start the first Monday in October. ELKIN HARDWARE CO. AGAIN SOLD poes to Castevens Again I at $3,791.60; to Ask I Confirmation The Elkin Hardware company, Ispld Friday, August 26, at public Auction to O. D. Castevens. of Cycle, for 13,446, was again sold September jilt following an upset bid of 10 cent, made by a Charlotte firm 'before the first sale could be con firmed at wnich time Mr. Castevens again bid In the concern for $3,- 791.60. An order, asking confirmation of the sale will be asked of Judge J. H. Clemens at Marshall at 2 o'clock, September 27. Although it is not definitely known what disposition Mr. Castevens will make of the store if and when the sale is confirmed, It is thought that be will reopen the business here. ASKED TO STRIKE Des Moines, la., Sept. 20. Nearly two million farmers in 11 Middle Western states, hard hit by debts and low prices, have been asked to Aart Wednesday to with hold grain and livestock from markets until produce can be sold profitably. Huge Crowds Expected To Attend Community Fair Here Next Week Equinoxial Season Begins Today; Mild Winter Predicted According to the to day marks the first day of fall, it being on this date that, the day and night are of equal length. The almanac also predicts cool stormy weather, which may be expected doe to the fact that it is the be ginning of the general equinaxial season, which usually brings rain and a drop in temperature some times lasting several days. A report sent ont by the weath er bureau at Washington states that another mild winter may be expected this year, all signs said to be pointing that way. It was explained that mild and cold win ters generally go in cycles and this was one of the reasons on which the prediction for the com ing six months was based. LATE ITEMS OF INTEREST FROM NATIONAL NEWS JUDGE MIDYETTE DIES Elizabeth City, Sept* 20. Judge Garland E. MJdyette, of the North Carolina superior court, died suddenly in a hotel room here late today from an acute dilation of the heart. Judge Midyette, presiding over a term of civil court here, ordered a recess short ly af«. Ip. m. Court ordinarily does not recess until O p. m. and Judge Midyette told attorneys he was "not feeling well." GARNER'S MOTHER DEAD Detroit, Texas, Sept. 20.—Mrs. Sarah Jane Garner, whose ambi tion it was to live to see her eldest son, John Nance, elected vice president of the United States, died at her old colonial home here today. Surrounded by her children, three sons and two daughters, the pioneer mother slipped quietly away at 12:25 p. m., after show ing remarkable vitality against a general toxic poisoning which sent her to bed more than a week ago. GANDHI EATS LAST MEAL I'ooni, India, Sept. 20.—The Mahatnyt M. K. Gandhi partook of an unusually large nu-al of fruit, bread and milk just before noon today and then, laughing and jok ing, started the hunger strike which he declared will last until he dies or until the Indian elec toral system is revised in kccord ance with his principles. HOOVER TO SPEAK Washington, Sept. 20.—Presi dent Hoover will deliver his first campaign address at DM Moines, lowa, on the evening of Tuesday, October 4. This was announced definitely tonight by the Republi can National Committee in a brief statement signed by Rverett San ders, national chairman. FLYING FAMILY LAND Aberdeen, Scotland, Sept. 20. The Hutchinson family- who with their crew of four were rescued from the bleak Greenland coast after wrecking their transatlantic plane recently, landed at Eriboll, Scotland, today from the steam trawler Lord Talbot. Izaak Walton Chapters To Meet At Klondike The local chapter of the Izaak Walton league will meet Saturday evening with chapters from Wilkes, Sparta, Winston-Salem and prob ably StateeyiUe, at Klondike Lake, near Klondike Lodge, it was an nounced here Tuesday by Alex Chat ham. Mr. Chatham stated that permission to meet at the lake had been given by Mr. Hanes, one of the owners. In case the weather should be bad, the meeting will be held at Hotel Blkin, it was stated. A] Smith says he'll support the Democratic ticket, hot declines tu state whether it will be in the style to which ft has been accustomed. — Norfolk Ledger-Dispatch. PUBLISHED WEEKLY M C NEER WAREHOUSE WILL BE USED AS EXHIBITION HALL ON E. MAIN STREET Entertaining Program Has Been Arranged For Event SCHOOL TO CLOSE The ground work has been laid and practically everything is in readiness for the first annual exhi bition of the Elkln Community Fair, which will open here Thursday night ( September 29, and continue through Friday and Friday night. According to reports of the heads of the various departments much in terest is being shown in the event, and a huge crowd is expected to at tend on both days. The main exhibition will be in McNeer's warehouse, next to the J. C. Penney store on East Main street, with the exception of the rabbit show and poultry exhibits which will probably be housed in a vacant store building nearby. A number of private exhibits have been planned, C. G. Armfield, sec retary, said Wednesday, and while these exhibits are welcomed and will be in the main exhibition hall, they will not be eligible for prizes. He also stated that showcases will be provided for the curio exhibits and pastry exhibits so that they will be safe from handling. On both nights a watchman will be provided to safeguard the exhibits after the closing hours. The feature of the fair will be the live-at-home exhibits in which de partment the grand prize winner will be awarded a handsome new suite of furniture awarded by the Elkin Furniture company. Among the other more desirable prizes are a number of luxurious Chatham blankets whiclt will be awarded by the Chatham Manufacturing com pany. A number of the prizes will be on exhibit in the show windows of the Sydnor-Spalnhour department store prior to the fair. On the opening night a concert will be given in the exhibition hall by tl\e Lucy Hanes Chatham clubs of Winston-Salem and Elkin. Fri day afternoon the Elkin high school football team will play their first game of the season with a fast Mountain Park Institute# squad at the Chatham ball park. Friday night a feature of the program will be an indoor horseshoe pitching contest which will be staged in the exhibi tion hall under the direction of D. F, Oough. The Elkin school will be closed all day Friday in order for the stu r dents to attend the fair. HOLD FUNERAL FOR MRS. A. H GOUGH Yadkinville Woman' Succumbs to Paraly sis Attack Final rUeB were conducted Wed nesday morning at 10 o'clock at Harmony Grove Friends church for Mrs. Amanda Gough, wife of A. H. Gough, who died Tuesday morning at 2:30 o'clock at her home in Yad kinville, after three weeks illness witn paralysis. Services werw io charge of Rev. and Mrs. E. G. Key. Surviving, besides her husband, are her parents, Mr. and Mrs. I M. Hinshaw, seven children, Mrs. Let tie Kiger, Charlie, John and Law rence Gough, Mrs. Malia Shore, Reece and Ralph Gough; in addition to the follovifng brothers and sis ters: Melvin and Arthur Hinshaw of Rutherford College, Robert Hin shaw, poßtor of the G&stonia Meth odist church, Mrs. Rosa Arnold of Elkin and Harvey and Stanford Hinshaw of Yadkinville. A brother and sister, Uyrd and Hattie, died several years ago. * Elktn— Roaring ■ "" B ' ueß^^

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