Newspapers / The Franklin Times (Louisburg, … / July 31, 1942, edition 1 / Page 2
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J LAND VALUES J In most part* of the country we have a prosperous agriculture Prices of farm products for the first time in several years , are high enough to give the farmer a purcnasing t power that is t up to that of ( the Industrial worker Ano there is a ready f cash market v waiting for nearly every- v thing that Can i be raised on the land v * sucn a condi tion often lays the foundation for a period of land (peculation some thing that is the end always spells disaster for somebody Perhaps this is a good time to take a look at land values and see just what they mean A student of economics will tell you that there are several differ ent ways to arrive at the value of land We enumerate some of them as follows 1? The value -Which is assigned to the land for taxation purposes 2 ? The value which might read ily be realized at a forced sale 3 ? The value that is based en tirely upon what the land will pro duce ? how much it can earn 4 ? The price you would be will ing to pay for the land today 5? The price you would be will ing to sell the land for today if it belongs to you. It doesn't take much of a genius for figures to see that there might easily be a very wide variation In such a range of values. And yet they all apply to the same piece of land. An analysis of land values has two possible points of interest to every farm operator ? to you. You might be considering the purchase of additional acres for your own farm, or you might be approached tomorrow by someone who wants to buy you out. As a buyer, you would have to s consider the present owner's ideas j of the worth of his land, and then ' determine whether or not It might ' be worth that much to you. You ' should also decide whether you ' could afford to assume additional ? tax and interest burdens, and 1 whether the land would be worth t what you paid for It in two or five | or ten years. A a a seller, you would have to { decide if the profit on the deal would be worth giving up your ' home and your occupation, and 1 whether or not you could invest 1 the money to your own benefit in another farm, another home, or another business. , Most of these are tar-reaching decisions, for both buyer and seller. They should not be hastily made on either side. A sharp distinction should be drawn between investment and speculation. Investment is made to secure an earned profit, based on production. Speculation is in dulged in to secure an unearned profit, and such a profit cannot be had unless somebody else suffers an equal loss, since It Is not the result of production. Speculation also leads to so called "land booms." Most of us have seen them before. They are something to avoid as harmful and unhealthy to whole communities. For In a land boom, somebody al ways winds up by paying more for j his. land than it can possibly be worth. o FOB FIRST CliAflft PRINTING PHONE 288-1 Recorder's Court Franklin Recorders Court held regular session on Tuesday and disposed of cases as follows: * A nolle pros was taken in the :ase of assault with deadly weap jn wlt'h intent to kill against Richard Moore. i : John Crews plead guilty to MtL ind run and driving auto with i 10 drivers license, and was given ' )0 days on road suspended upon payment of $25 and costs and lot to operate a motor vehicle for l& months. Johnnie Jackson plead guilty ; o. larceny and receiving and was ;iven 30 days on roads, suspend ;d upon payment of costs. James Alston was found not ;uflty of unlawful possession of vhiskey. Dora Cooley .plead guilty to j tnlawful possession of whiskey, trayer for judgment continued. James Alston and Dora Cooley vere found not guilty of f and a. J. E. Bell, hit and run, wast ontinued. W. S. Pearce, operating auto nobile intoxicated, continued. O? r? ? RLOISE TAYLOR IS MARRIED " ro WILLIAM E. JACKSON, JK. ! Miss Eloise Taylor and Wil- I i a ni Eugene Jackson, Jr., United : 3tites naval reserve, were niar "led It HIgh"""n6on yesterday~at~ :he home of the officiating minis- ( :er, Dr. J. Clyde Turner, pastor j )f First Baptist Church. The s :ouple were unattended for the y iimple ceremony and only guests t vere members of the Immediate amilies. The bride wore a chic white irepe dress with draped bodice ind very full skirt. Her white lat was of straw and grosgrain ibbon and other accessories were rhite. She wore white orchids at ter shoulder. After the ceremony the couple ' eft for a short wedding trip af- ' er which they wMl be at home inii he Vance apartments on Mag- j lolia street. ,< The bride, second daughter of ] Jr. and Mrs. William Raymond '? Taylor. 612 Joyner street'. Is [ traduate of Curry high school ' ind Woman's college, a member ! >f Phi Beta Kappa fraternity and ; he Masqueraders. honorary dra- 1! natlcs society. While in college ' >he served as technical director . if many productions of the Play- j' ikers. organization of" the dram itics department, of which her |] Father is head. j' The bridegroom, who has lived J tiere the past nine years with his * unrle and aunt. Mr. and Mrs. A. J 3. Arvin. 929 Walker avenue, is J (he son of Mr. and Mrs. William t Kugene Jackson. Richmond. Va. * lie *as sports announcer for ra- < lio station WBIG 'before enter- |J ing military service last August. < A second class petty officer In j the naval reserve, he Is now sta- 1 tloned here with the local recruit- ' you, Too, CAN SINK 0.-80ATS ? ?uv ? hid Stately Sww? hadnStaapt C7. 5. Trtosury Department JEWELRY Watches, Diamonds, Clocks Watch Bands (all kind) Wedding Rings, Silver Gifts Fountain Pens, Bill Folders RADIOS Gifts of All Kind \ EXPERT REPAIRS To any Watch or Radio. R A YNOR'S RADIO AND JEWELRY SHOP Louisburg, N. 0. "Wfi JWf ??8t Service the pert" I ? ? VOUattyou&utf, With WAR BONDS The Garand semi-automatic rifle, which Is th? standard issue today (or the U. .S. army, is superior to the old Springfield rilie in many re spects. We literally need millions ' of these fast (hooting powerful rifles to equip our army- They cost $85 each and are being manufactured at the rate at one ? minute. They fire sixty 30-calibr? shells a minute. Every one of the 40,000,000 em ployed persons in America could easily buy one of these rifles for the army. Not that we need that many, but the reserve could go into shells and other mucM? needed supplies. Buy more and more War Bc.-.ds and top the quota in your county by in vesting at least ten percent of your , income every pay day. ng office. ? Greensboro Daily Sews. Mrs. Jackson is a granddaugh er of our townspeople, Mr. and Mrs. Henry C. Taylor, Sr. A method of reclaiming from iishwat?r large quantities of so id fat which can be passed itraight to industry has been de mised by an 18-year-old labora ory assistant in England. o Don't kick about the heat you're letting free right now ? it cost rou plenty last winter. ? On Pay Day, Buy Bondf X Coming C/eart\ . . . by Squur ?UEEN QlIZKBETH ? ? ? (KARUV HAD ONE OF THE ROVAL LAUNDRYMEN k BEHEADED BECAUSE NCR FAVORITE RUFF FAILED fcv TO WEATHER 1ME WASH/ timely intervention JL. BY SIR WALTER RALEIGH SAVED THE MAN'S NECX. RALE I6H CONVINCED THE flUOH 3TBCM& _S2? CHEMICALS WERE NEEDED TO SET IT CLEAN. =?1^ ? I ' ' 1 rMLKT Tltf* UN5CUCVIN DOG TW*T INVENTED I bo CKLCf / J llN INDIA NKSHfSMCN CMXED OHOeiCS Vkampt* wit MOMCUmWfMCH^ ^ASE ~nCN TW1JTED HTO tONftj .TOO AMD WHACKED MIM 5TOW4. MAUV FRENCH TWINS BCKWT fc | COMMUNITY WMHTUB.USOALLV A S1DME AFFAIR ACCOMODATING SI* FAMlUn MOUKVMES 6ATHEO EACH WEEK TO KKASH AND Q0951R 'wrmf.MmEucf, OnSt lhunocu IDKSE KNICKNMJCS | FROM MINE .LINCiERIC? 7^ . FIRST ACT OF THE PILGRIM LASSIES disembarking from the mavflower IN 16 20 WAS TO WISH THEIR LINEN. LIKE SO MANV TRADITIONS INHERITED FROM PILGRIM WW, THIS 1? MONOAV BECAME THE ACCEPTED AMERICAN WMHOM. I ?_ Jl ??? . ' AMCRtCAN HI STOW B?OAN WITH A PIC6RIM WA^HIIME DMI MM6H0WN STttOHV 10N6CR MO WHTTK .TOAMK TDIMMES rwHOMDS V KIMMWWWI AND THI iNfWTlON or MANV LABOa 5AVIW0 OOMR1IC *wu*Kias Labor Is scarcj? In Sampson County, but (arm families are helping one another to get this year's crops harvested. Bonds or' bondage. Prospects for hay and pastures as well as most food and feed crops, are the best In five yeari in Forsyth County. u . Patronize TIMES Aovertiser* OF THE Pd ... xo ... HAVE - YOUR - PRINTING j NEEDS - DONE BY --- t I Letter Heads Envelopes Bill Heads Statements Hand Bills Posters Placards In fact Anything You , May Need in the Printing Line THE FRANKLIN TIMES j "Printing That Pleases" i Phone 283-1 Louisburg, N. C. " - ? .iiii|lll>MII>lllll Largely as a result of contin ued cool weather and usually good pastures, milk production per cow on July 1 was 2 per cent larger than on the same | date last' year. Because of dry weather, the tobacco crops in Martin County will be only aboiit t'wo-thirds as large as that of last year. Need a Laxative? Take good old BLACK- . DRAUGHT a top-seller all over ike South COLORED CHURCH SERVICED The First Baptist Church, col ored, announces services ;or Sunday, August 22nd. 1?42 as follows: 10 a. m. Sunday School. 11 a. m. Sermon, "Divine Non chalance," by pastor, M. E. Neil. 7 : ;i0 p. 111. B. T. U. 8 p. ril. Guest' speaker. All members of the church are requested to meet for a special business transaction immediately following the morning services. Practically no beetle damage has been reported by bean grow ers of Yancey County, and pros pects for an excellent crop are good. The frequency of requests for information concerning fall pas tures from Harnett County far mers indicates a growing reali zation! of t'he necessity for an economical feeding program. , TOBACCO THREAD] 48c lb. ? * 10 lbs. or more. j ARSENATE OF LEAD ..*J4c lb. I CALCIUM ARSENATE 10c lb. UNICO Sprayers and Dusters --- Best quality and 1 lowest prices. < Fly Spray ? the kind that's guaranteed to kill < flies. Electric Fencers and supplies. Bale ties, i BABY CHICKS, feed and supplies. FCX Flour ? Prices Down. ( Burk's Water Pumps, Used Sinks & Lavatories. < One more 8 lb. Apex Washing Machine. ASHLEY AUTOMATIC HEATERS. I ( Get yours now. Our allotment is less than 100 for next season. The scarcity of fuel oil will have us sold out before cold weather. * FRANKLIN FARMERS . EXCHANGE Phone 366-1 Louisburg, N. C. 1 Cooking Ranges From s2495 up Nice Assortment HEATINO STOVES VITA-VAR House Paint GAL. Guaranteed 100% Pore. You rannot buy a $O.40 flner bouw paint. HYLUSTRE House Paint OAL. Wr handle all kind* and (trade* of $| .SO paint*. ' LAWN MOWERS ? GRASS BLADES Tobacco Sprayers and Arsenate of Lead HAND SAWS $1.25 up Cold Pack C&nners $1.49 ROLL ROOFING $1.25 ELECTRICAL & PLUMBING MATERIALS Just returned from Furniture Markets where I purchased nice lot of Furnjutre and House Furnishings. IRONING BOARDS $1.79 up ODORO Moth-Proof Wardrobes $2.29 | GOLD SEAL RUQ8 $5.96 ap | H. C. TAYLOR Hardware & Furniture
The Franklin Times (Louisburg, N.C.)
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July 31, 1942, edition 1
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