SEPTEMBER 11, i92l
SUNDAY
THE CHARLOTTE NEWS
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IT IS OUR POLICY
to cultivate helpful business relations with our
customers and to render at all times the service
which they need. t
Conservative management, complete facilities
and a constant endeavor to meet the wants and
serve the convenience of our patrons, have made
the Charlotte National Bank one of the commu
nity's strongest.
Both Checking and 4 per cent Savings Accounts
are welcomed, large or small.
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CHARLOTTE
NATIONAL BANK
SOUTH TRYON AND FOURTH STS.
on mwmHtMsemxa United States
Savings JSOSr Depository
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Qu&Rti Goes CearVirou
Burweli-Walker Company
Carolinas Distributers
211 S. Church St. Phone 834 Charlotte, N. C.
SHIPMENT OF 1922 MODEL
STUDEBAKER MOTOR
CARS JUST ARRIVED.
The most popular and best selling six-cylinder automobile in Amerca
is verv attractive and interesting.
COME TO SEE THEM.
RUST MOTOR COMPANY
514-516 S. Tryon. Distributer
"THIS IS A STUDEBAKER YEAR"
Phones 218-219
TO THE VISITORS AND EXHIBITORS AT
The Carolinas
Exposition
An Invitation
IT IS THE PLEASURE OF THIS INSTITUTION
TO PLACE ITS ENTIRE FACILITIES AT THE DIS
POSAL OF ALL EXHIBITORS AND VISITORS TO
OUR CITY DURING THE COURSE OF THE CARO
LINAS' EXPOSITION. THESE FACILITIES WILL BE
FOUND ALL-EMBRACING AND THEIR EXTENT IS
ONLY BOUNDED BY THE FINANCIAL CONNEC
TIONS ENJOYED BY US IN ALL OF AMERICA'S
IMPORTANT CENTERS.
IN ANY WAY THAT WE MAY SERVE YOU
DURING YOUR SOJOURN HERE, WE BEG YOU TO
COMMAND US.
WE CORDIALLY INVITE YOU TO VISIT OUR
BANK AND ALL THE OFFICERS WILL BE GLAD
OF AN OPPORTUNITY TO MEET AND SERVE YOU
IN ANY WAY POSSIBLE.
We will have a booth in the Exposition Building, in which
will be located the Western Union Telegraph Company with a
full equipment and force for handling telegrams, incoming and
outgoing. This will be the only service of this kind at the ex
position. This and other facilities will be at your disposal in
our booth. Be sure to call on us there.
American
Co
Member Federal Reserve System.
CHARLOTTE, N. C.
Capital, Surplus and Profits $ 1.800,000.00
Resources $10,000,000.00
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SHIPPING BOARD
PLANS FOR FLEET
Expect to Have Largest
Merchant Marine in the
World.
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International News Service Staff
Correspondent
Washington, Sept. 10. "Whether the
United States flag flies over the largest
merchant marine in the world, as.it
once flew over the clipper ship fleets
of American commerce, depends on the
development of the present Shipping i
Boards program within the next few
months.
r-hnirmnn Alhert D. Lrfisker. of the
new board, has stated that it will take j
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a full year to determine oennneiy ui
result of the present program.
The preliminary steps in the pro
gram have already been undertaken.
They include:
First. A general clean-up of incom
plete contracts.
Second. A thorough survey of the
entire Shipping Board, to determine
just where the organization stands in
a business way.
BUSINESS METHODS NEEDED
Third- To put the board on the same
basis as a successful business.
The general goal toward which these
steps are directed is a full-fledged Am
erican merchant marine, Becond to none.
Chairman Lasker has stated that his
QdmlniQtrntJon hfis inherited chaos.
They have inherited an organization,
in which, owing to war conditions, ac
counts with the business client are
badly scrambled, a large amount of
surplus material is on hand, some of it
unsalable, under present conditions,
and, finally, with the second largest
tonnage in the world on their hands,
they are operating at a loss to the
Government.
The first think the present organiza
tion has undertaken has been to close
up, that is. settle long standing ac
counts are rapidly as they can put
in shape, clear away accumulated red I
rape, adjust the organization to pres- j
ont conditions, and in general start 1
with as clean a slate as possibly. This!
is Ft ill going on, and Chairman lnskor
expects months ,to elapse before most '
or", the work is done. j
In line with this clean-up. the or-
ganization is being thoroughly over
j hauled and surveyed. This is to deter-1
I mine what assets and liabilities the I
'present board has, a thing which the
chairman states has never been done,
j He states that an enormous amount of
, work is involved in this alone.
WORKING ORDER NEEDED
' The third step, putting the firm in
working order, involves all these
( things and is the immediate goal.
; The fundamental thing being under
J taken now is to stop the loss to the
Government through thi board's oper
ations. This is stated to be thekey
j note to the entire undertaking.
This loss has been !iid ny board ofQ
j cials to the present system of op
: erating Shipping Board vessels, known
!as Managing Operators' Agreement
No. 4. Under this agreement operators
I are practically guaranteed 5 per cent
j-of the ships earnings, although the
losses in operating might in some cases
j exceed by thousands of dollars the lo
jtal income. This is held to be the pri
'mary cause of all the present trouble.
Accordigly the first definite plank in
j the new boards platform has been to
! agree unanimously that this system
; must be abolished. This feature of the
I permanent policy is the only one f ujly
decided as yet, and until it i.-s done it
:is stated that lesser matters must wait.
TO STOP LOSSES
The board, of course, has dotermir.ed
cn other steps besides abrogating the
present operating agreements, but they
are all involved under the general head
of stopping loss of the Government.
Negotiations are under way whereby
all surplus material will be disposed of,
and some of this work is now under
way, including the sale of the wooden
ships.
When all this is done the present
board hopes they will have the follow
ing: A nusiness organization with all ac
counts settled or accounted for, liabili
ties paid, and in modern fcrm general
ly; all old stock off its shelves, and
everything on its producing.
And, first of all, a full-grown Ameri
can merchant fleet, manned by Ameri
cans, sailing every trade route and
bringing in its share of zhc revenue de
rived from carrying the goods of all
countries in successful competition with
its rivals at sea.
The tusks of the African elephant
sometimes weigh as much as a hundred
pounds each and reach a length of eight
or nine feet.
The Pacific Ocean has an area of
about 55,000,000 square miles, which is
equal to the entire land surface of the
globe.
Rubber stamps, notary and corpora
tion seals made on short notice. Pound
& Moore Co. Phone 4542. 23-tf
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SET A buvs brand
"l 1 1 new Corona
V Portable type
writer. Other makes
at attractive prices.
See us before you buy.
POUND & MOORE CO.
UNION NATIONAL
BANK
CHARLOTTE, N. C.
Good prices for cotton and Seasonal Fall
business combined with more optimistic attitude
will put more money in circulation.
Nevertheless we advise Sticking fairly close
to a cash basis. A moderate business on cash
basis is better than a big business, with widely
extended credits.
We invite your business and offer every cour
tesy and accommodation consistent with Safe
Banking.
H. M. VICTOR, President
F. D. ALEXANDER, Vice Pre3.
D. P. TILLETT, Cashier
A. G. TROTTER, Asst. Cashier
Five Choice Home;
v 4. a -er. caio in Mvers Park can be purchased at - I
rttrLTvitureand'wiS reSable terms Each has fWm
to tS S and are all in most desirable locations. ,
PRICES: $11,000.00 to $16,500.00 J
Southern Real Estate, Loan & Trust C
4 SOUTH TRYON STREET.
"HONE
Ever See One of Those
"LITTLE FELLERS?"
We Have Not!
Most everybody has heard mftch
about the famous "little feller. " He s
supposed to be a real man. every bit
of him human, who expects to be
treated as such and gets LITTLE or
NO consideration.
EVERYBODY gets
at WALKER'S WALKER SER ICE
is ALWAYS the same, a service
founded on a full realization of our
responsibility and duty to humanity
in distress, whether the emergency
be great or small.
ASK YOUR DOCTOR
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Walk
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Drug Store
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rnrnpr Seventh and 'iryon. wrma
NORRIS CANDY PARKER PENS AGENTS FOR KLIj;
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The Boy and
The Bank
You want the best things for
the Boy. The best Habits. The
best schooling. The best Health.
The best Opportunity, the best As
sociates. Do you realize that one
of the very best things for him is
the Bank Habit? Get him to Save,
to do business with this Bank. No
thing will stand him in better
stead.
We pay you to save your own
money.
Security Savings Bank
Charlotte, N. C.
4 South Tryon Street.
The qualities which you seek m a
motor car we believ? you will find in
one of the models of Nash motor
cars.
The Nash Invites and
is Worthy of Comparison
OPEN EVENINGS
UNTIL 10 O'CLOCK
Carolinas Nash Motors Company
Distributers
500 N. Tryon St.
Phone 3201
W ' - I
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alue
Account
A Bark account and the credit it gives you will be of
the greatest aid to you in getting together the first
few hundred dollars which you must get in order to
advance speedier on the road to success.
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6P6HCI6IIC6
Trust C
ompany
Member Federal Reserve System
CAPITAL AND SURPLUS, $1,600,000.00.
CHARLOTTE, N. C.
OFFICERS
E. O. Anderson, Vice President
V. A. Watson, Vice President
W. M. Long, Vice- President
t. II. Wearn, Chairman of Board
J. H. Little, President
E. E. Jones, Cashier
R. S. Smith, Asst. Cashier
Thos. P. Moore, Asst. Cashier
A. R. Surratt, Assistant Cashier
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Dr. H. C. Henderson. Dr. R. B. Caddy
HENDERSON & GADDY
DENTISTS
Office Hunt BWg, 202 H N. Tryon St.
Phone 216
DR. L S. FOX
DENTIST
2112 W. Trade St.
Phone 3896
Over Yorke & Rogers
Next to Woolworth'a,
Moving picture building North Charlotte, well located for good
profits.
Also 2 store rooms with cement basements, 200-202 North College
street, well located for retail or wholesale business.
' Also second and third floors, over 206 South College street, fine for
Offices or printing house.
Home Real Estate and Guaranty Company
CASHCAPITAL, $70,000.00
A. I. HENDERSON, Manager
Real Esate Department
219 North Tryon Street. Phone 589
NEW SHARES
are being sold here almost hourly, and that's the right stuff forthe man or
woman who expects to get ahead or amount to much in life. Wesure sold
'em last Saturday. Come any day this week and start the ball to rolling. If loan
s wanted, file application at once, so as to get in line.
LENDING $60,000.00
this week, so you see where much of the money you see circulating around is
coming from. The people realize the magnitude of the business we are doing,
and they also know that every dollar we lend goes out at 6 per cent without
fear or favor. The negro urchin gets a square deal here along with the rich
or the first lady of the land.
AVE LIVE TO RELIEVE
distress and we do it. A good woman came in tother day and said her husband
had gone off and her little home was in danger. We showed her a way out,
and she left with a smiling countanenace.
OUR MATRIMONIAL
Bureau is alive and standing on its feet. A bright girl wanted to know if Bill
was keeping up with his B. & L. We told her he sure was and that he never
missed a payment. She confided the great secret and we whispered, "Bill's all
right," so she's not giving up her job to take care of a worthless dude. We
sometimes have to say, "Lookout, Sallie, John's doing no good. Make him
come across, or cut him to the heart."
MORE HOMES AND HAPPIER HOMES
is our slogan. Ask Jno. Pharr about it, and his great heart will advise you
right and straight and helpfully. . . '
, Our new series is coming some. Wise people just naturally come here for
real service. -
Mutual Building & Loan Association
Jno. R. Pharr, Pres. E. L. Keesler, Sec-Treas
15 South Tryon Street.
"My First Thousand"
This phrase enters into the stories of many men rho
are now established financial successes. It implies a slow,
up-hill climb, attended by rigid economy, to the point
of "having money to make money." There are many that
fhave never striven, for the first thousand. Th savings
department of this bank invites you to start your first
thousand. Are you one of them?
Th Merchants and
Farmers National Bank
5 WEST TRADE S
CHARLOTTE, N. C.
Capital, Surplus and Profits $600,000.00
M
Just at the End of the Car Line and Right at the
yers Park Country CIu
we have six vprv fino Vtniiinn. w ; 4v.--m o& ?
half acre to full acre lots, all of these on paved streets ami &
perfect grade and offered at special prices to quick buyers.
OPPORTUNITY to enjoy the club privileges and with car W
to-business or'fine paved boulevard if you drive an automobile
Abbott & Company
iv t mj. Everything in Real Estate a
Trust Building. Phones 238 or 3022 212 S. Tryon l