Newspapers / Watauga Democrat (Boone, N.C.) / Jan. 18, 1923, edition 1 / Page 3
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I JANUARY 18, 1923 REPORT OF THE CONDITION OF THE BANK OF VALLE CRUSIS at Valle Crusis, in the State of North Carolina, at the close of business, December 29, 1922. RESOURCES Loans and discounts, 93,180.87 Demand loans, 1,500.00 Overdrafts, secured, $855.30; unsecured. $196.21 1,051.51 United States Bonds and Liberty Bonds, 202.60 North Carolina State Bonds, he,.aO ...0 Premium on Bonds 9.60 Banking House, $1370.39; Furniture and Fixtures, $1,165.68 2,536.07 r?..k ;? n i 1- j? e *? ? i _ > v/aon iii duu ma umouiii.- uuv 11 vm D.uihs uanr.'.'rs, ana Trusts Companies *7,788.88 Cash Items held over 24 hours, 173.14 Checks for Clearing, 1,456.41) Total, 107,893.16 LIABILITIES Capital Stock paid in 21,000.00 Surplus Funds, 3,150.00 Undivided profits, less current expenses and taxes paid, 334.99 Notes and Bills rediscounted, 2,.500.00 Bills Payable 14,000.00 Deposits subject to check 18,433.77 Time Certificates of Deposit, Due in less than 30 days, 5,575.50 Cashier's Checks outstanding, 390.48 Time Certificates of Deposit, Due on or after 30 days, 40.967.82 Savings Deposits, 1,546.GO Total, 107,899.16 State of North Carolina?County of Watauga. January 10, 1923. I. L. M. Farthing, Cashier of the above named Bank, do solemnly swear that the above statement, is true to the best of my knowledge and belief. L. M. FARTHING. Cashier. CORRECT?ATTEST: I). F. MAST H. B. PERRY C. D. TAYLOR, f DIRECTORS. Subscribed and sworn to before me, this 10 day of January, 1923. W. H MAST, J. P. Ijm RUNABOUT j New Price j Where can you find a greater value than the Ford Runabout at this new low price? We believe, without question, that it is the most economical means of transportation salesman rv1 r\-xr IPirv\a iiiwxi ucui JL Xiiic-Dav illg j ?absolutely dependable travel fat the minimum cost Terms ! Ill i if desired. | J. B. TAYLOR | jjj BOONE AND VALLE CRUSIS I |l "Business is Business" | , Hj By Kev. B. H. Harmon jjps m "A story of the mountain, bootleggers, outlaws, timber exploit- ^Dj ers and white trash.- gS But the book proves that white trash is not trash at all, but (U? jEjj excellent, tempered steel."?The Gorham Press. qjp "The scene is laid in mountains of North Carolina. It deals |p kip with the "poor white trash," their miseries, pride, gullbility, the sjj jerfl grinding heel of the capitalist, its injustice and hinderance of f Sfii t?,e Krowt'1 ?* t'le people- The style is simple, and the material Be V Sje of the story told in an artless way which is often, of course, the vSp highest art."?From a review in the Christian Evangelist. Ssn ' 1 Send $2.00 to W. S. HARMON I Beech Creek, N. C. THE WATAUC Davidson's Issued every now and then by the D hope that it will please and entcrtait BOONE, NORTH CAR< WHY NOT WORK TOGETHER If the merchants of cities like Johnson City find it profitable to work together, why should it not be beneficial for the merchants of Boone? We have not found a rural county in Georgia or North Carolina where the county seal town gets such a small portion of the trade of the county. We are safe in asserting that Boone, gets less than 1-5 of the money spent by the people of this county. Do you really believe you can remedy this by knocking your neighbor merchant? Let us organize and work together to get the trade that should be coming to Boone. Let us have the people know that they can get all their needs right here in Boone and it is not necessary for them to order it a thousand miles away. Let us have bargain days and other attractions to make it profitable for the country people to come to Boone. It will r.ot only be cheaper to advertise together but it will bring better result:-. When the people will get in the habit of doing their trading in Boone, every merchant will get his share of business. It would be a wise move for the Commercial Club to take the initiative in organizing the merchants of the town. i hi: governor s message (Continued from page two) out the system and place an addit.ional tax of two cents per gallon j on gasoline. "I then recommc-nd that you set! up a sinking fund of five hundred thousand dollars per year to be api plied to the payment of the bonds j when due; one half of it from the general revenue of the state, and the other half from the automobile and gasoline tax. This will not he I ad<iuate for the redemption of the j whole 65,000,000, but it will go about j j half way. The fir.-t bonds are serial, | and commence to fait due in ten years, ; in equal installments and, of course. I will require a much larger sinking] fund thai: if they were all 40 year | bonds. I think the new bonds ought t be 10 year bonds With a sinking j fund of o00,000 annually we can re-1 ! deem part of the bonds and refund tiie bthers, if we do not want to pay all. But my confident hope is that I our revenue will justify enlarging this fund from time to time until it will be adquaU* for their redemption.) But the sinking fund mentioned will j be sufficient to place t he whole trans-j action on a very high plane, and will I not oppress anybody or embarrass the state's revenue. "The revenue from the automo-l bile and gasoline tax for six months of the year amounted to $3,222,741.51. It will go over $4,000,000 fori the full year?with the increase In) gasoline tax recommended. "We will require the two cents) i additional on gasoline to help oay 5 the interest on the new bond issue, | contribute to the sinking fund and maintain the roads. *'I do not thing it neccessary to debate the road j.;.gram. It is approved by the soverign people. The benefits are universally recognized. "Constitutional Amendments Limitthc State's Debt and Protecting the Sinking Fund. "I most earnestly recommend an anruedment to the constitution of the state limiting the power of the state to contract indebtedness to five per cent of the assesed value ol the state's property; and a second amendment that when the general assembly set up a sinking- fund, no succeeding general assembly shall divert it to any other purpose. I am sure, gentlemen, that these amendments ought to be submitted to the people, and that with this done and the sinking fund suggested set up, we will be able to safely carry through the whole progressive program upon a lower iifterest basis than without them. "And then n good many of our best citizens fear that without a limitation on the state's power to contract debts, we might go too far sometime. The sinking fund statutes should confine the investment of it to the bonds of the United States, the sta*e and sub-divisions but should prohibit loaning it to any department of the state government. It would be safe to permit buying: in our own bonds and holding them as other bonds are held. "But, gentlemen, I do not think the duty of your body will be fully met by fdrtifying and extending: the program so gloriously inaugurated by your great predecessor, splendid as that would undoubtedly be. There are other things we must do if we are true to the great spirit of prog| ress under which we are moving, j "Complete Program for the Continu 1 ed Progress of the State Suggested." ! "I make the following further recj ommendations, gentlemen, which 1 \ think will 'round out' as complete ? a program for the state's development j and upholding as I can now vision ] Game and Commercial Fish Industry J "We ought to replen ish our grea ' streams throughout the state witl J game fish and give modern and uj il to date cultivation to our fish, oys i ters and other sea food industries ? p ESSAY ON PANTS Pants are made for men and not for women. Women are irade for ? men and not for pants- When a man e pants for a woman and a woman { pants for a man. that makes a pair >.; of pants. Pants are like molasses; i they are thinner in summer and thick. er in winter. There has been much ^ i discussior as to whether pants is I singular r plural. Seems to us that | when me 1 wear pants it i< plural, land wh? they don't wear pants it ^ is singular. If you want to make pants last, make the coat first. Every ne will have noticed with j I what ski! a coin let fall upon the * i ground r os to hide itself, and what j. art it has 1 rendering itself invisible. _ | There ar thought which play us ^ ; the same n ick.?Victor Hugo. A man never knows his real value j until he b ued for breach of promise. A DEMOCRAT Store News avidson Department Stores with th i our friends and customers. )LINA, JANUARY 1923 ONE DOLLAR SALE WEDNESDA' Onr one dollar sale be;nti-* Jar uary 24th, and will last for 12 day including the first Monday in Feb. J One Dollar Sale is not. a new thing Sales of this kind are very popula in the cities. But as far as we k?io\ a ss\e like this was never held in thi county. This is not a sale to mak profit, ail we want is to get rid o our surplus stock, We are going V give such unusual bargains that i will make us the most talked of busi ness house in this section of the coun ty. A GREAT NECESSITY Out of all the good things thi people of Boone have done, there i one thing that has been neglecte< that is in r.ot having a hitching place A place for the out-of-town peopl< to hitch their horses while in town oi business. This is a great incouvin ience to all, more especially to thi ladies and it should be looked afte and a place provided for same. CONGRATULATIONS Congratulations to the Commercia Clul that they are at last well or ganized and ready for work. Then is a great work for them to do, an< every citizen in Boone and Wataugi i county ought to co-operate with then m making Boone a better and large: l alnro in $$$$$$$$< NEWS OF GREAT V7" AC >3- The first saleo ?* THE !?? Vlednesday, January j?3 IVionday in hehruar UjJ to $3.00 will go , 1 tj-) thousands of articles ?^- Jim J pair of ladies, sinsscs ai . children's dress shoes and $?'J. values, dollar j salt price only *? $1.00 ^ A lot of men's hats i:? a variety of colors and styles w value up to $2.50. Dollar rjr. Sale price, choice $1.00 fA Men's 220 denim overalls ^ $1.75 value. Dollar Sale price $1.00 A lot of men's high grade dress shirts value up to $2. Choice only ^ $1.00 A dandy line of men's and young mcnrs caps, value up to $2.50, latest styles Dollar Sale price only $i oo rf. Men's and ladies fancy wool w' hose 50 to 75c values, sale price 3 pair for only w $1.00 {/> lien's and ladies' silk hose tjA. 75c values, 3 pairs for only ^ $1.00 1.50 ladies silk and wool hose only $1.00 Men's wool mix;ed hcse 40 to 50c values, 4 pair onlv ** $1.00 Men's casimere hose a bar rain at 25c a pair, 6 pair only $1.00 Childrens knitted petticoats regular price 75c 2 for only $1.00 W- High grade linen table cloth fancy border ?2.00 values vet" only j?? $1.00 ^ Thousand of similar bari trains fQ The famous Triangle soft collars 6 for only ^ $1.00 A lot of men's suits value $18.00 will go during the Do! W at only A3 A lot of men's high grad shoes. Value up to $4.50 dur Dollar Sale, choice $$$$$$$$$< "The North Carolina inland na' igable waters are the finest in tl republic for sea foods, if not in t\ world. They belong to th estate < North Carolina, subject to the Unit* States government's rights in na f ?gation upon them. My descripti - powers are insufficient to convey t those of you who are not familii with them a general conception f the immensity of these waters. t "Currituck, Croatan, Roanoke, A 1 bermarle and Pamlico Sounds, kr ? together by the inland canal, co - stitute a great body of water fro four to twenty five miles wide th COTTON IS ADVANCING Cotton has just made another jump and cottor poods which have already L' advanced will continue to advance j | There can't he any better investment : than to buy your needs in cotton H goods now while our sale is on. We " i not only failed to raise our prices 1 ion cotton poods but have sonic mighty ~1 pocd special bargains to offer for this sale. We wiil be obliged t?? raise r j our price very shortly. Buy now I and save the difference. ! The following is a resolution of a H city council in a certain town: -I "That ? ???? i":' ah?>- * ** . i.V" ja : SIIVll.U IIU HUIIl. ? that it !>< -uilt out of the materials * of the old one, and the old jail to bo I used until the new one be completed." II r; They are trying to close up the gambling establishments. Why didn't : they close up Adam? He was the &$$$$$$$$$$: IMPORTANCE TO PE AND VICINITY >NE DOLLAR S, f this kind ever held in E DAVIDSON DEPARTM / 24th and Co ntinues I 2 y. i housand ol at only $ i .00.1 lere we rnei > we ait goingto offer. I A .-.is.cii iot of good quilts regular I price 4 Will go on at the' Dollar sale for onlv $i.00 A lot of m.?n\ pants re era la r prices $1.75 Dollar Sale price $1.00 A small lot of ladies skirts, valueup tv> $2.50 will go on at $1.00 Ladies silk waists $2.00 value $1.00 Ladies heavy Ball Brand Rubbers I will go at $1.00 A small lot of army rain coats (Panchos) only $1.00 I 5 ? j. * ? = ? I "3 C 4.. CO > ** ? ? . S 2 ? 2 = o ? ch .3 r 3 ^ = i t ? 5 5 ? S^O-n Oi.OlJO jO SiOliO^O S?OiO P 1?I .C??' " *"* >!??? S ;W " cW o ? * s ? >.- -o ? = -? iO O <1 f . JS? M? 15 55 3 ?? ?o -2 J c" c go ^2 5^ ? ? ? So 3 ? wX < ? A 40 0 o ' o CO .O u Dress shirts regular price Si.25 each. 1 shirts only 3.50 The well known Elkin Blankets, values up to $12.50. During this Dollar Sale only. pair $6.50 Men's and ladies high grade all wool sweaters $6.00 to $7.50 values will go at only ,. .. $4.00 A lot of Men's work shoes of the famous Elkin and other high grade makes value up to $5.00, choice only $3.0C A lot of boy's suits value up tc $8.50 choice only $5.0C 3 men's dress shirts, during this sale only $2.0C Ladies and men's wool sweaters value up to $4.50 choice only $2.5C s up to 2V lar sale BE SURE NOT TO e$1v?.rk 6ET DISAPPOINTED on^ in* the Come Early a,ld $2.50 * Will ?$$$$$$$$$$ it- would reach from here to Shelby le Pamlico Sound is the largest one ii le the United States, not quite so lonj )f as long island, but with more water ?d Running into the waters are grea v- rivers, like the Roanoke, the Neus re the Pamplico, the Chowan, the Bay to the Pungo, and many others, wit] ar bays and other little sounds too nam of erous to mention. "The fisheries upon them wer d- once possibly the most valuable ii lit the United States. Hundreds of thou n- sands of acres of these waters ar nr? happily mixed with salt, and mak at the home of the oyster. Seafood Page Three 1 first gambler. Didn't he start the Milkman?Johnny did you put water in the milk this morning? New assi>tunt?Yes sir. Don't you know that is wicked, ^ ^ But you told me to mix water with Yes but 1 told you to put the water in fir.-t and pour the milk into it. Then you see. you can tell the people we never put water in our milk. 44 i had toup in a restaurant the other day and found an c>ater in it." "Great Scott! That one oyster in the soup jok- Is old." I' Yes, but this was tomato soup." "Is that my umbrella you have?" "Most likely. I just bought it ?n a pawn shop." ONE DOLLAR COMBINATIONS 1 pair of baby shoes regular price :>8c 2 pair baby socks 15c a pair, all together only $1.00 1 10 spools of thread at 5c each 5 doz. safty oins 5c a card I " packages of straight pins 5c each 5 doz. pearl buttons 10c doz. all together only $1.00 i 2 pair casmtcre socks (? 25c u pair 1 pair garters @ 20c \ pair Cuff buttons @> 25c 1 soft collar pin <a> 25c 2 pair shoe laces (a) 5c each I tie holder (a) 25c all together only $1.00 Yoj can make up your own assortment. C C* C C fi? C C. C C (D ip ^ CD lOPLE OF BOONE ?? &LE Joone begins at <** F.NT STORF ^ da>s including first ^ articles, some worth C i ntion but a tew or the _____ _ KJ yards oL utvss ginghams only -6^ $1.00 ^ ? yards of good 32 inch gmtham ai " ^5 $1.00 & Tin!-* >m:n ?>.f c value 2 1-2 yds. for onlj $1.00 hi) spools of v< \\ ing thread rf\ $1.00 12 pair of men's and ladies' cotton hose 1 o to 20e valiics ??? $1.00 *? 10 pair children's hose 20c value only $1.00 ^ Men's and ladies umbrellas ?/> | regular prices 1.75 and 2.00 | Dollar sale only f/> $1.00 I Suit cases 1.50 to 2.00 values jaic ui icc uiuy $1.00 ** Ladies khaki middy suits value up to 3.00 only $1.00 ^ Table cover, dresser scafs and bureau covers worth more than 50c each. Set of 3 only $1.00 ^ 2 knitted ties 75c values for only $1.00 ; 3 50c ties for only ro ; $1.00 52 inch wide storm serge ^50 ' and 44 inch French serge i value up to 2.00 a yard, only ^ $1.00 ^ I Thousand of similliar bart gains t Boxes containing a variety of useful articles. 1.50 anil ; 2.00 values. You may seiect ( your own assortment. ; $1.00 M *** ? w [isses and children's wool sweat$2,50 to $3.00 values, choice w r $1.50 ^ l lot of high grade ladies dress work shoes value up to $5.00 be closed out. Choice only $2.50 $$$$$$$$$$$ . of every variety known to our clii mate are to be found within them. 2: Relow Morehead we have other great waters. The New River in Ont slow and the grand old Cape Fear. , These waters are the property of , North Carolina. From therh we ought h to receive a great state revenue, and i- the people in 24 or 25 counties in North Carolina ought to gather irne mense riches from them. The area n covered by these waters is the most i- valuable property in this state, exe cept that upon which our towns and e s (Continued on page six)
Watauga Democrat (Boone, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 18, 1923, edition 1
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