Newspapers / The Carolinian (Raleigh, N.C.) / Sept. 7, 1946, edition 1 / Page 10
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PAGE TWO ETHIOPIA ONE OF FIRST NATIONS TO PAY WORLD BANK NOTE Selassie’s Country Sends 1,795 Ounces of Gold New V"ik i ANP) - Arn'va' ~f liTßj 'i •.!(!■' ol raw gold from Ethiopia by mane SatmUay for toe Worl ■ i ik placed Emperor Haile So 1 :.- if*;. ill kingdom imong tne f*rst pain ..p nations lo n.c, t tit" b;i J*. - do o'! :ik on Saturday Aug -24. Sympathy for the sacrifice Ethl cpls n\-idt- ;■ (viiiplving with the bcii.k’.. ic-pulr. I'lit-til w«s cocpiessod by Ij.ii'olu Smith, v!it-preslder.t of the Worm : k, who rcoaii. .j th •< Ethiopia v. ; the f!: ; axis \ Jetflrt 10 yi ,)-? ;irn and is now tile fir:( to I -I ■■ k .- iil.'M'i ip;. Ml 1,1 gold :e. fi ac"*, the :: ?! African country' j- ii in,,n I , make its payment »n : v - - Id after receiv ing . i 11 , u . Minister Ha- ti S. In t : < aJnod "our coun try hn- no ,uld i fining facilities. "•Yrti the Tic.ru letter point ed nit “thi Italians left us in r-K'H-i t ' : lit h topi.. c - t'o per cent subscrip ti n to the i’ tii-national b..;:k amount:- m 'o.7''!'. payable in gold m United St.iit - dollars. but “we fust don': h.-.v i tther," the Ethi opian mini ;’e ' • th* United States raid. fl.ii.it* v\ L c* cy. v (*t • U L.- 11 . *_>pAu to propesi;:, n," Smith id. “It is gra tifying i reo tins relatively- poor count y nta.k.i.tt such an effort to meet its .-übscriplion." "in its sincere effort to remain in the pood ;v of the voild powers to (| it. -mall prof ir. sup porting the- ru >vlv established ternattonal b.-i - .- ft.fii ’.hat t’r? bank i rued a call for payment c,f the tw 1 per cent subscription oil June Ift. with : n extension date line to Aug. 4. W. C. CLARK COAL COKE WOOD STOKERS Exclusive Agent for Dana Coal DIAL 2431 914 ATLANTIC AVE. I - WHERE THERE’S I I BEAUTY I <, THERE IS CHARM § SPAIN BEAUTY SALON 4 Licensed Operators SPECIALISTS IN | Curling - Marcelling - Finger Waving Manicuring - Shampooing, Etc. SPAIN BEAUTY SALON 1 614 ATLANTIC AVE. GREENVILLE, N. C- I Mi:-. Mali it 1 Spain. Prop. RAINBOW II Item iiiii! \mk\ \ —DRY CLEANING COMPLETE LAUNDRY SERVICE BUNDLE SERVICE SAVE WITH CASH and CARRY DIAL 2230 PROMPT DELIVERY 229 Albermaie Ave. Greenville, N, C. Other officials of the world mon etary institute n cor.ceedt-d that Ethiopia': prompt response to the; bank's cell was a heavy financial sacrifice. Raw gold is the coun-. try’s most important source f rev enue and fori 1 a: ex oh nge. which lb, Kt!ri• *p : .hi g. von.merit sell-, to day in Bombay, for SOC an ounce aiid ui Cano, Hay pi for >72,, out * r " Inch be United States’ gold exchange talcs will pay only $33 An expo:', in the foreign rninei als division of the bureau of mines agreed that “gold is not the most . ; plentiful Ethiopian product.” nor is Ethiopia ■ tit of the world’.; gold producin gcountries. Mining tecii- I niquei u-ed hi its- government -ope rated miner are still the backbreak ing, hand-panning method aad pro- 1 duet- only about 30,000 ounces year- ; ty. YOl NG CHARLOTTE i GIRL GIVES BIRTH \\ AUTOMOBILE The stork paid a swift and prematurely expected visit to a ycung Charlotte girl in an auto mobile last Tuesday night, a n d *> ought the young woman a ha. ky hnv She lives in tin. T ;rd Ward section of the eitv. and is well known in the young cr social set. She is unmarried. ! .Mother and sort were doing well I at the Good Samaritan Hospital at last reports. FARMERS HOLD OFF BEST GRADES AS PRICES SOAR RALEIGH Alth ugh the in dex ‘.;l production costs rase to a new high figuie, North Carolina tanners also leceived “record break ing'' prices last month for most of their varied output with the except.mi of peaches and commer cial apples, according ?" the Fad ■ cal Btate Crop Reporting Service J tiie N C Agriculture Dejwrt ; ment. } AH graTus showed increases over be mia-June pi.ces and were at j i.wii highest level since iitiSO. Cel: ■ t $1 f-tb per bushel had advance,.! j 2 cents; wheat at $2.25 per bushel , was up IB cents. Rye r se another ! I 8 cents n r.iishel and av-c arerl s*l -4 Oats averaged SI.OB a,id wore up ' six cents a bushel from the previous 1 TOr> i k Lnto I *. .. U to. 5. to J >n ‘ - ' s.liV* ovule; U'liiDtu £.sl GV It i Of!' hushol 1(1 ir\ Cl “Q T' ices lor all livestock advanced, vith ’fhose for beef and -'- cep onlv moderate but veal calve? and lamb* : were tile highest :: ie rd. Hogs ' veraged $16.80 per hundredweight ind were up S’! (i() from last month Beef cattle a. : i-r.cjo-l e;ll Wj iun.lred weight. hov.j:i" an increase '1 $2 30. while V" : ...Iv.-s w.je up !’« $17.10, .a; advaner of $2 70 (.Sheep advanced (iO c?nr . hundr ■! aid lamb.- SI Fib. and tbev averaged i $9.00 iti-T 515.00 respectively. I’ra ts ret "ived by farmers for : both mill; and tmlk products were a- ’ban thus, received in mid hive Wiiei -ale milk advanced 55 *•* io: hundredweight and aver ■ • d ?4 . . i ; 1 luindred. Retail muk "a ''"ail advanced 1.5 cents and ■■ i .;i;ed 17.7 cents per quart Bm . i.vht cents wer the p;a■'-din;: m.uih and averaged 53 , cent- pi>..nd, ‘n!c bu’.terfat av< •• ; aged 30 cent.' , .showing an increase "f 12 -ei,ls per pound. Durham Couple Gets Loving Cup Durham ■ Mr. and Mrs. Alvin Have.- f :'vioiTisville. Route 1. have oici: awarded tne silver loving cup : which :s ... ai.- -cl nr.vualiy to the Durham County family accomplish ing the greatest farm and home i.r --; provernent during the year. J. C Hubbard. Durham County farm agent, said Monday. Second winners were- Mr. and Mrs. Hubert Dunnegan of Leesvill? Other winners were; Mr. and Mrs. Osborn Bagley. Pat ! terson; Mr. and Mrs. Robert Spicer, Rocky Knoll; Mr. and Mrs. Hallo way, Mill Grove: Mr. and Mrs. Earl Bullock,.Rougemount: Mr. and Mrs. Eugene Cooper. Little River, and Mr. and Mrs. Charles Webb of Orange Grove. The outstanding feature of Mr. and Mrs. Haves' winning points, ; it was stressed by' the judges, was . their graduation from sharecroppers to tenants, having saved sufficient j money prior t., the beginning of | the contest to purchase their own team and equipment. The awards were the main fea ture of the eighth annual Tarm and Home Achievement Day cere monies held recently at the Mt. THE CAROLINIAN .» IgjjSk ~ ‘VHUbM HOCK < ASTI R. VIRGINIA. Within a few weeks, the Parade Ground of the St. Emma Military \catletr.j will become the center o r Cadet activities, as both old and new students assemble for the Fall term at this boarding high school on the Janies River near Richmond. The U. S. Army will continue the Junior R.0.T.C., and all Cadets will follow a course in the Agricultural School or a trade in th,- Vocational School in addition to their high school academic studies. Many activities and courses curtailed during the war are being resumed. A Cadet Band will be organized, and student participation in outdoor and indoor sports encouraged Olive Baptist Church. In additi n to the loving cup, Mr. and Mrs. Hayes will also receive a rash award of sls and the second win ners will receive $lO. AVGSPONSORS MEETING HERE WINSTON-S • i Fill T>’-» Win slon-Saleni Chapter Ko :, Ameri can Veterans Committee held a public meeting at thy courthouse m las: Tuesday evening at eight clock. The main purpose of the meeting was a discussion of the new enlisted mens Terminal Leave Pay Bill. Major Charles G. Mont i>me>-y contact officer and W. B Harrell, senior institutional train ing office! with the Regional Vet < raris Administration in the Nissen Bi ild :, ’g discussed the bill with the veterans. Other aspects . f the work of the Veterans Administration were dij eus.-cd, including readh.istment al lowances, housing hospitalization, training b th m institutions and on- Ihe job. etc. V Save Your Waste Fats!! Paradise Case © Good Home Cooked Foods Beer and Wine Best Music I Dining and Dancing I ; © i ) flflj | ™" ■»I»'UJI lii I VVMiiira » I'l 11. ,U, .rvi-*-- 1 LOCATED ON “THE BLOCK" | 1: THE CENTER OF GREENVILLE'S 1 || BUSINESS DISTRICT .... | Paradise Case WET WILSON. Prop. | 314 ALBERMALE AVE. GREENVILLE, N. C. | I 1 Harris and Rogers I l We Have That Same Friendly and Courteous i Warehouse Organization Who Looks After Your Interest Each Time You Are With Us. 5 .. -■ ~ j A Guaranteed Sale Each and Every Day IF YOU DON’T SELL IT WITH US ■ - , ,-. :i ,rr SELL IT IN GREENVILLE! [ nits Allocated To \!l Six Annies I Negro Reserve dorps Washington Organized Reserve Corps Units composed of Negro personnel have been rflccated to the six armies or the United Stab :-. General Jacob L DevcrfCvdom niatidiiig general of the Army Ground Foices, announced here Monday. Ail units will be Class -A".'fully • (quipped and trained and with a full complement of officers and u.- listcd men. The First Army is composed of units recruited fiom Maine. New Hampshire Vermont. Massachusetts. Rhode Island. Connecticut. New Y< rk. Delaware, and New Jersey The Second Army is composed of personnel recruited from Penn sylvania. Maryland, Virginia. We:-’. Virginia, Ohio. Indiana and Ken ♦,, The Fourth Army is recruited from residents of Tex;,-, Oklahoma, New Mexico, and Louisiana. The Fifth Army is composed of personnel recruited from Illinois. Michigan. 'Wisconsin, Minnesota.. lowa. Missouri. Kansas Nebraska. North and South Dakota, Wyom ing and Colorado The Sixth Army is comprised of personnel from Washington. Ore gon. California. Idaho. Montana, Utah, Arizona and Nevada The Seventh Army, which is or ganized fri the third area, is com posed of personnel recrUn* from North and Smith C.i«<>li»a. Georgia. Florida. Alabama. Tennessee and Mississippi. m , IM _L n I miw whmmiMiiMinwTii' I'iMirimrT ■ t,rmxntMw. Jlilijw STATEMENT OF CONDITION You Are Always Welcome (iiiiiiiintv Bank & Trust to. BELHAVEN, BETHEL, ELIZABETH CITY, HAMILTON, ROBERSONVIL, , * SNOW HILL, VANCFBORO, WASHINGTON, WILLIAMSTON GREENVILLE, NORTH CAROLINA ESTAB, 1901 \ \ ' JUNE 29, 194 S f TIME TESTED \ f ASSETS Cash and in Banks $ 4,698,537.80 l\ S. Bonds 33,726,445.89 N. C. Bonds 169,957.85 Municipal Bonds 1,464,109.88 Tota.l Cash & Marketable ; ; ~ Bonds $20,059,051.42 Other Bonds and Stocks 1 /6,861.70 ; Banking Houses, Furniture and Fixtures (Net) 167,302.90 Bond Income Earned but J Not Collected 36,900.81 Loans and Discounts 6,845,5*6.96 Other Assets 300.09 Total Resources ..... .... $27,285,983.79 LIABILITIES * / Comm on n Capital $ 600,000.00 Surplus - 500,000.00 Undivided Profits 285,971. m * $1,285,971.75 Reserves $ 157.056.19 Unearned Interest 49,462.34 War Loan Deposit Account- ...$ 2.180,591.50 Other Deposits 23,612,902.01 Total Deposits $25,793,493.51 Total Liabilities $27,285,983.79 i MEMBER FEDERAL DEPOSIT INSURANCE CORPORATION WEEK ENDING fiATURDAY, SEPTEMBER 7, 1346 Perquimans Kaviners Op cn Gurb Market j Hertford Negro farmers of Perquimans County have success fully opened their first curb mar ket in Hertford, it was announced here Monday. The market features fresh meats, vegetables and fruits, dairy pro ducts and poultry and poultry pro duct. Business began at B;ut> a in. on the opening day and by 10 30 all products were sold with total i sales amounting to $126.(14 * EGR () BUSINESS LEAGUE AWARDS PRIZE PHILADELPHIA - (AUP) - H M. Morgan, proprietor and urigina mr ot a chain ,-i barber college; rapidly increasing over the nation, was presented the Spaulding award at the 46th annual session of the National Negro Business league Wednesday evening The award was made by George 1 W, Cox, Durham, K. C., chafnnai 'of the award committee )' The awardee, who resides in Ty ’ ier, Tex , has esabilshed burbt-r [ -colleges not only in his home city, but in Houston, Little Frick and Jackson Miss. Two uthei similar institutions are being planned Morgan, who successfully launch ed his venture before the govern ment started its in-service training program, is considered one of the most substantial business men in the Lone Star State (His colleges are aii housed In Morgan-owned brick structures, 1 and since the government launched its veterans’ program for training, it is said Morgan receives govern ment checks weekly running into four figures. The Spaulding award is given annually during the sessions of the National Negro Business lea gue by the North Carolina Mutual I Life Insurance company to the ! American Negro whose achieve ments in the economic and business | world is considered outstanding ~V- It Pays To Advertise ! I
The Carolinian (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 7, 1946, edition 1
10
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