Dunn Bank Deposits Indicate
60% Increase In
Bank deposits vppwuagtov&fo
creased sixty percent-or more within ,
a year. Yet Dunn has not been one
of the more fortuna^'':c6tninhtfit^';
of eastern Caroling ^nge this-if a
cotton community ^©fitted
comparatively little from the jnnow
of cash from tobacco sales. More
over, its cotton cfdp *v/asb£low par,
in both quantity ^nd quality. ^Ac
cordingly, a 60 percent increase m
hank deposits in Dunn -indicates not.
only a most gratifying ..increase in .
prosperity here but Suggests- even
greater increases in Tnany immuni
ties of the eastern half, of the state.
Asked as to the diffusion of the
prosperity indicated try the increase
in the deposits of the Dunn unit of
the First-Citizens Bank and "Trust
Company, Cashier. ,E« B- Graham
stated that the number of new ac
counts opened the past year was
greater than in - any - year in * the
bank’s history, except, of course, the
first year, when all'ttfere new: It
was indicated also that the increase
in deposits was due most largely to
those new accounts and to. increases
in many other accounts rather than
to huge increaseslnafew accOTgts.
If iV hardly assumable, however,
that the 60 percent dncreifc#*
exact index of the increase^ Mper
i tv -'The insurance of bank funds
VrW- 4 4 «r- “*-3» * y *
ity. -The insurance
has played a part in bri»g?n£
hiding considerable sums, it is as
suiaMe. In fac(;‘ 'ifc = feahani
stated that -bethought a number pi
$5,000 deposits would be larger if
the insurance covered larger deposits
than that sum.- -Yet it may be that
possessors of larger sums usesev
* eral - banks to get the benefit 'of the
insurance, protection..,> ;Xf.. t^at is
tnle, it' would suggest that there is
a way to insure;-all: bank -deposits,
and that in the. long run the govern
ment would just about as well pro
vide 4 for, insurance of any-size de
posits.
On the other hand; dhe hank de
posits hardly show the full: extent
of the betterment of conditions.
There were more people who’ owed
money than had .-cash a year , ago. It
is the extent to which debtors have
been enabled to make payment that
would most clearly indicate the true
status of* the community. But that
conditions are most gratifyingly bet
ter than a year ago is quite evident.
Let Them Banish
Fire Cra&her*;
Tharwas d^good idea set m mo
tion Wednesday by- Representative
Kelly.of ^Sampson county when he
introduced a bill banishing the sale
oPikSstHm in Sampson county.
Other representatives flung in so
many amendments asking that their
counties be included that someone
moved the bill be made of state
wide application. Among the coun
ties -added Ivas Barnett. Good for
Representative Fred Thomas. ,, J^et
him see that the bill goes through
for this county, whether it be made
state-wide or not.
It was objected by -Lumpkin of
Franklin that much revenue-would
be lost and that fireworks would be
ordered from other states. The last
is a real objection, but the objection
can be eliminated by making it ille
gal fbr anyone to have firecrackers
in noSsession during Decembfr.
Employment Offices Of Little Value.
A bill appropriating many thou-,
sands of dollars to- help maintain
free employment offices in North
Carolina has been offered in one of
the houses of the Genera^ Assembly.
The thing needed is jobs, and em
ployment offices do create jobs—for
-their managers. . But they get more
than relief .wages. When other jobs
abound the unemployed will be
found by one means or another. Nor
can an. employment office find a job
'■for anybody till that job exists. The
. sum* suggested would better be em
ployed in creating jobs at mere liv
ing wages than in establishing a
mediiim for finding jobs that do not
exist. r _
A Word of Tribute to
The Late T. B. Eldridge.
Few of our readers remember, I
presume, when T. B. Eldridge ed
ited the Morning Post in Raleigh.
Like the News and Observer of tbe
early years of the century the Post
was an eight-page paper. Tbe
writer became quite chummy with
Mr. Eldridge in those days. He
was a gentleman and a capable
•newspaper man.' Afterwards he be
‘ came mayor of Raleigh and made a
good one—some say thq best the city
has ever had. But time flew relent
lessly on and Mr. Eldridge passed
his three-score years and ten and
several years extra. He is now
gone. In his passing the state has
lost. a. man who served it well.
HEN youngsters play out
doors they have the benefit of a
great amount of natural light. When
they come inside—-for much closer
eye-use—they often play, read and
study l»y a thousand times. less
light. Is this true of your home
and your children?
Good lighting is inexpensive and
good lighting will telp prevent de
fective vision wbieli is now so preva
lent that 23% of all persons under
20 years old are already so handi
capped.
The Science of See
ing has developed
two new lamps that
will do much to! cor
rect the seeing condi
tions in yout home.
TBey*are BotB scientifically designed
to provide^ a ^lareless» ‘sBadowless,
Hgbt and liave Been approved By tBe
Illuminating Engineering Society as
ideal for every visual task* You
are invited to see tkese new damps
demonstrated* Tkey may Be pur
chased on very convenient terms*
THE INDIRECT fLOOR LAMP
For tBe entire family—ample il
lumination for close visual : tasks .
as well as for tBe entire room*
THE NEW STUDY LAMP
Especially designed for the student
or ftose wto have many close see-*
ing tasks* .
On Display «t electrical dealers, furniture and
department stores and on our sales floor
C A R o X. I N A
POWER
M G B
C O M PAN?