Rose Company Sales Set
Ail-Time High For 1939
Volume Is $5,584,457 In 110 Stores; All
Directors And Officers Are Re-Elected At An
nual Meeting Here.
S.iliv- the l»o<e i'>-H5c Store*
C'o».p..nv ' a Iu>x- ail-time high rec
ord in 1939. stockholders were told
a* :r annual meeting today by P.
H. K. >e. president and treasurer ot
the i" ipany. All directors and of
ficers were re-elected tor the year.
P. H. Ro>e. founder and head ot
the bu.-moss since it began here 25
years ago next month. was re-elected
preside::: ana treasure:, with T. B.
Rose vice-p:v> dent and secretary.
Directors m :'ed by the stockholders
were those • oit'icials and R \V.
Bruit;, ft. P. Butcher. X. B. Rose. B.
H. Perry and \V. T. Xewcomb.
Mr. K -e's report said sales in 1939
amounted t • S5.58-t.45T.T5, an in
crease ot S471.283.lo. or 9.113 percent,
owr t-larnmgs ot the com
pany a: 1939 were S2.28 per share,
compared with St.75 in 1938.
Dividends amounted to Si.60 in 1939.
hah' ot wh: 'it was an extra dividend,
ar.d shareholders were told that the
company pl.-ttried to continue the us
ual dividend rate ot SJ cents per
share in 1949.
Gene.illy improved business con
d.tam.s were credited with the in
crease ::t voh;.".:e last year.
At the end ot 1939 the company
itaa 110 stores in operation, seven
m\v .: t.- having been opened dur
ing the :r Tim new stores were
opened .-: XVrtoik. Virginia Beach
and Ocean View. Va.. and Elkin. Bre
vard and L!n » nt >n. X. and Lake
C:tv. S. t". The three stores in the
X «. used in bu'ldings
erect-d tI'.v ••>:• the purpose.
An acid.". :t..l mulding has been
leased .»t I5u . it. v. ..etc the com
pany h .- ope • ;Vi i •: >evcral years,
and the spc ce lh< -e will be virtually
doubled v.. i • - .s occupied. In
-ihoskie t'liii . .o se tue Rose ^toris
were transfer ■•■d to new and
more advantajieo s . c t.. :i<. and
with larger stocks and new equip
me nt.
St res at Morehead C ty and Me
bane are being remodeled and im
proved now. and ine sales at Mebane
are bo :•; approximately doubled. An
additi« ral oui.'.t-ng to the tear of the
>*• ;••• A.. e i us been !eu.«ed
t • in< rease the t"!< >- r space about halt',
and work ot remod?!:ng t.na modern
izi ~ this sure is to get under way!
next m nt!. A new store is to be
opened in m .-j . Va.. ir. t ie tail, a]
A Three Days'
Cough is Your
Creomulsion relieves promptly be
cause it goes right to the seat of the
trouble to loosen germ laden phlegm,
increase seer -tion and aid nature to
soothe and heal raw. tender, inflamed
bronchial mucous membranes. No mat
ter how many medicines you have tried,
tell your druggist to sell you a bottle of
Creomulsion with the understanding
that you are to like the way it quickly
allays the cough or you are to have
your money back.
CREOMULSION
For Coughs, Chest Colds, Bronchitis
■ building there having boon leased
for the purpose.
"It is our plan." Mr. Rose told
stockholders, "to continue improve
ments and expansion during th.> cur
: rent year in the usual conservative
| manner, mo king such improvements
and opening now stores in such cases
as the management feels will allow
your company better to serw the
I public, and where increased sales and
; profits will justify."
The Rose company, as it has done
since the inception, maintains home
offices here furnishing employment
, to some 15u to 2iH) people in Hender
son. It is one of the biggest enter
prises in the community. Its 110
stores are located in North Carolina.!
Virginia. Snith Carolina, Tennessee
and Georgia.
Most of the stock was represented
at today's annual stockholders' meet
ing. and all directors were present
for the meeting.
Negro Taken
For So. Pines
Officers here arrested on Saturday!
night a Negro booked as Kllis Bald
win. about 25. wanted at Southern i
Pines for obtaiivm* s;<<• -ci- under f;iis;
pretense, and on Sunday turned him (
over to Chief of Police Newton, of I
that olace. who came here for him..
Chief of Police J. II. Langston said
today the Negro was suspected of im
plication in a recent post office rob- 1
berv in the Southern Pnu-s area.
Baldwin had a room here on Pet
tigrew street over i store. He had/
been sought here l'or several days
prior to his arrest. Chief Lap.g.->ton,
said the man wa- accompanied by a
woman, who. however, was not taken
nto custody. The chiet also said the J
man had a police record in New York,;
State.
Little Change
In Allotments
The AAA board of review lor '
Vance county, after meeting here 1st
week to consider application- for ad
justment of tobacco acreage allot
ment*. made one change where an t
additional 1 — H) acre was allowed one .
tit! l\ W'ct^ >ic«l(.ku l*»cKiy Ly (
County Agent J. \V. Sanders.
The board ot review heard 67 ap
plicants for adjustment ot allotment.-. l!
and dismissed 14 application
because the farmers failed to appear. *
and four because of late filing. !c
Two additional complaints h: \v'
been tiled. County Agent Sand-'r 'v
said, from among approximately tv.-*•}
hundred allotments sent out In -: j
week to tobacco growers. The per: • i. v
for filing of objections expires March )
8 and hearings on the petition.- Willi
probably be held March IS. jl
Our LEAP YEAR
Proposal
This is the one year out of
four known as Leap Year —
this is the year that brings an
extra day to the short month
of February — this is the
year of proposals!
Our Leap Year proposal is
this: Let complete Citizens
Hank services provide the"
safety, convenience and effi
ciency you require in
handling financial matters
throughout the year. Make
use of ALL our facilities.
We Are At Your Service
CITIZENS BANK &
TRUST COMPANY
Henderson, X. C'.
The Leading Hank In This Section
Aiember Federal Deposit Insurance Corporation
188!) — Fifty-One Years — 11)40
High School
Dramatists In
State Contest
i lit' Senior Dramatic Club ol
Henderson high school will present
the plav "Cloud Burst" in the state
dramatics contest, it was announced
today by \V. D. Payne, principal of
the high school.
The play is to be presented first
at Rocky Mount on March 8. when
tin- local dramatists will complete
against clubs of the Rocky Montr..
Wilson and Greenville high schools.
Winner of this district context will
compete against three other groups i
in eliminations leading to the
state finals at Chapel Hill.
Members of the cast and produc
tion staff will be announced in the j
near future, it was sta'ed. Miss
Shannon Morton of the high school I
faculty is sponsor of the Dramatic I
Club.
The stage crew has already begun j
work, having made the wind,
machine ;md thunder sheet fori
sound effects in connection with the 1
play, and committees arc beginning '
their work. I
1
Directors Of
Chamber Meet j
Discussion of offers of several!
manufacturing concerns to locate in {
Hend'Tson was part of the program
for the meeting of the directors ofj
the Hi nder.-on C hamber of Coi:-j
nu'ree this evening. The gathering
was a dinner affair at the Capitoi i
Cafe, when F. S. I? oyster and W. J.j
Alston were hosts to the sixteen!
unmoors ;t a dinner. R. W. Bruin.'
(insideni of the chamber, was listed
is the presiding oilicer.
Council Will
Meet Tonight I
|
Acceptance ol the new sewage clis- j
losal plant. con-ideratiun of a dona
iun it»i" the Henderson centennial
clebration in 1941 and other niat
•.'!'> await tiie Henderson City Coiin
il i!iis evening at its regular month
v meeting lor February. Represen
atives of a number of organizations |
re t<»join in the request » the alder- i
nen to appropriate SI.000 toward ]
>.e expenses of the celebration.
SEVERAL LOTS IN
SATURDAY'S DEEDS
Several lots near the eastern see
on of the city figured in realty
eeds filed with the Vance Registry
\V. H. Johnson, et a!, sold Garland
• lmsi>!i. ot al. an undivided interest
i two lots along Shanks street.
Garland Johnston, et al. sold W.
t. Johnson, et al. undivided inter
st in four lots along Shanks street.
Zona Johnson Salesman, et al. eon
eyed to Mrs. Geneva Johnson in
•rest in six !<>ts near the city.
The transfers, in each instance
ere made for SI and considerations.
Scotland's principal rivers are the
ay. Spey, the Dec and the Forth.
I
ALEX i>. WATiUINS
"The Place of Values"
Are You Watching
Our ABC's
Cabinet Hardware
Cahill Grates
("tint Honk.;
Carpenter's Chalk
Carpenter's Crayon
Carpet Tacks
Caulking Compound
Cedar Post
Coiling—thick and thin
Cement
Chain Mi»11
t lean (Jul I)oors
Clutho;; Line
Coal Clinics
Coal Hods
Corner Mead
Corner Braces
Cornerite
('01 rugateri Fastners
Cow Chains
Crack Filler
("re« »sot(:
Cross Cm Saws
Uevoe Paints
(,)icadoo Cleaner
Dome Dampers
I )oors
I >oor 1 Jells
Door Iluinpers
Door Closers
Door Pulls
Double Action Hinges
Double X Cleaner
Drain Tile
Dry Colors
101 bows
Kxpan>ion Shields
H'arbo
Field Fence
Files
finishing Hoards
Finishing Lime
Fir Fly Wood
Floor Fnamel
FJoor Hinges
Floor Wax
Flooring pine and oak
Flue Lining
F! v i • Slops
Flue Thimbles
Food Choppers
Framing Lumber
■Y'Hion ('alehes
Furnace ('( in nl
KurniMiv i'.ii.•:11<• I •
'mminiI- Polish
ALEX S. WATKIN5
"When- Qualit.v Tells Ami I'ricis
S'll"
FUNERAL IS HELD
Auto Injuries of Five Weeks
Ago Cause of Death
Late Saturday
Fiukt.-)! s^rv'ces were hHd 'his
afternoon ;il Union Chapel Methodist
chinch several mile.-' south of Hen
derson for Baxter Gill White, 29 who
died ;il 11 o'clock Saturday night at
Maria Parham hospital of injuries
sustained in an automobile wreck
several weeks ago. Interinent was in
the church cemetery.
The services were at 3 o'clock in
charge of the pastor. Rev. .1. P. Pcgg
Mr. White had been a member of
the church l'ur fifteen years, or since
boyhood.
Survi\ in;? are the parents of the
young man. John F. White and F.tura
t'ogliill White" two brothers. John C'..
and Samuel F. White, and two sis
ters, M'sses Mamie and Doris White,
all of this county.
The d'ceased was born in this
eounty Fel rear*' 11. 1911. and had
live here his entire lifetime. M»* was
popularly known in a host of friends
and acquaintances.
Pallbearers were named as fol
lows:
Active—J. P. Satterwhite, Thurs
ton Co^'hill. .Tim Parker. Conrad Co»
hiII. Lee CoghiM, Sam Coghill.
Honorary —Freddie Finch, Aubrey
Pleasants. Bill Watkins. Dr. W. W.
?Vrl. Donald Edwards. S. W. Knott. I
John Tucker. Jr., Arthur Nutt, E. F.'
Hut!. Dr. A. P. N'cwcomb. Tn.'madye
Hoyle. Meh in Edwarcis. Frank Floyd, I
Dr. W. H. Furman, B. f. Stone, Rus-,
sell Biummitt, T. T. Ellis, Glenn i
Satterwhite, Lewis Davis, O. T.
Black ley. Dr. J H. Wheeler. Donald I
Pleasant-, Norwood Vandyke. Paul l
Abbott. Howell Steed. Jack Fra/.ier.
Robert Thomp on. Clifton Ejwaids,,
Raymond Sn ,;i. Th'irnvin Stone, j
W:ll Daviy. Zina Clayton, U. C.!
Wooduef. Joe Clayton. John Nor- j
v. ood, Eugene Breed love. Buck I lul l", j
and Raym -nd Daniel. Oxford.
Final Plans
For Forum
Final arrangements for the pub-1
lie loiuni planned for \'*ednesd ty,
r,:gi:t were announced today by W. |
D. I'avne. head of the local com- '
mil tot* in eh; rue ol the event which |
is sponsored by tlie North Carolina j
Public Forum in cooperation with ,
iiie l'ni\cr>:ty of North Carolina
:md the United Slates (Offices of
iducation.
Dr. Ralph \V. McDonald, state
lorum counselor, and Dr. Harl L.
Douglass, head of the University's |
aepM tn . nl ;.l Education. will share i
he presentation ol' the topic "Fed-j
;ral Aid to Education". Each will |
;peak approximately :2i) minutes and i
here will be a 20-minute period for
>pen discussion of the topic.
The forum is to be held in the |
ligii school auditorium, starting
iromptlv at !! o'clock. A 30-minute
•onct-rt by tiie high school band tin
ier the direction of W. T. Hearne
.vill precede the l'orum.
The public is invited and indica
tions point to a large crowd, it was
stated.
COLLIER SEEKING
SENATE NOMINATION
Statesvill". Feb. 20.—Robert A.
Collier has entered the race for state
senator from the 25th district.
Mr. Collier, a member of the Iredell
bar. is n graduate of Wake Forest
college. He eaine to Statesville in 192fi
to engage in practice 'of law. He was
issociated with Monroe Adams from
1927 until 1929 and since that time
i-;s been a::oeiatcd with John A.
Scott, under the law firm of Scott
md Collier. Mr. Collier has nevei
il'IcI a public office.
Probably That's
Close Enough!
I'timpano, Fla., Feb. 2(i—.fAI')—
Investigators who sought 1o deter
mine the needs of negroes ^ufferinc
"rum effects of the January cold
.vave still arc talking about this
ne:
A woman, asked the acjes of her
"our children, declared she couldn't
•ep'fniber. Pressed, she finally said:
"Well, I got one lap child, one
•reeper. one porch child and one
yard young 'un " j
CAN YOU ANSWER
THESE QUESTIONS?
See Paye Four
1. On what river is Norris Dam.'
2. Where is the statue. "Appeal to
in Cireal Spirit'.'"
(inann causes myosis. What is
myosis?
4. Would you s;iy that Eugene Pal
letle, the movie actor, was over, or
under, six Iff* tall:
5. Are s-piders classed as insects'j
(i. WIhi won tlu» recent Miami 13iIt—
noi l- women's uol! eh. inpionship at.
C'oral (la!:Irs'"
7. .1. Warren MaiU' -n is adminis
trator oi tin- Wa^r and Hour Division.
('11.11r■ 11.'in oi the National Labor Re
lations I li•;ir«I or Chairman ol the j
Serial Security Hoard?
!!. W hat relation is Franklin Delano
Kim i*\ fit I" Hie late Theodoic Moose
veil'.'
!i Is Ihe earlh nearer the sun when
tin- northern Hemisphere is having'
winter or ; iiinmer?
Ill Whieh Is Hie Swedish and
wiiieii the I* • i 'ii l> |||t, uam,i
... ,i • -i . ! Finland.
B. & L. Loans
Are Highest
Of Decade
The building, savings and loan as
sociations of North Carolina made
the large.-1 amount of loans during
1939 that they have in the past dec
ado, it was announced by Al. B.
Wester. Secretary of the Henderson
Building ;,"d Loan Association.
These home financing institutions
made, last year; total loans of ap
proximately $25,600,000 enabling over'
15.000 individuals to construct, pur
chase-, refinance or repair their
homes. This record-breaking total re
represents an increase of more than
$3,000,000 over 1938. The largest in
crease in type of loans was in con
struction oi new homes for which
$10,9.1(1,000 was loaned during 1939.
During the past year 3,400 homes, to
(lie value of 85,500,000, were pui
chased through these local institu
tions. The balance of 89,000,000 was
poses. A combined total increase of
loaned for refinancing, repairs, mod
ernization and miscellaneous pur
over s*> 10.800,000, by 11 io building and ;
loan and Federal savings and loan!
associations, which is one of the lar
gest annual gains in the past decade,!
was al.?o predicted by Mr. Wester. |
Cotton Market |
Again Higher ;
New York, Fob. 2fi.—(AP) -Cot- j
ton futures opened 2 to G higher.
Around the end of the first hourj
price.-; held gains of 3 to C points, i
March old traded at 11.14, January!
at 9.81.
Around mid-day the list maintain- j
eel a lead of 3 to 9 points above the!
previous close.
Stocks Fail
To Make Gain
New York, Fob. 2fi.—(AP)— The
-li.ei: market struggled against down
v.'rirl tendencies tod:iy but failed to
make much headway in either di
.ecti >n.
Fractional declines in the early
morning were partially erased going
into ti.e fourth hour, but not much
• luoeurod in the form of bulk trans
actions.
F.i nds and commodities shaded oft
a Lit. Foreign markets showed
steadying si^ns. gaining slightly in
closing deals.
American Radiator 9 1-8
.American Telephone 172
American Tobacco B 90 1-4
Ar.«;c«>nda 29 5-8
A'.!au he Coast Line 18 5-8
Atlantic Refining 21 5-8
i>end!.\ Aviation 32
Bethlhem Steel 75 3-4
Chrysler °5
Columbia Gas & Elec Co .. G 1-8
Commercial Solvents 13 7-8
Consolidated Oil Co 7 7-8
Curtiss Wright 10 1-8
DuPont 184
Electric Power Light G 1-4
General Electric 38 3-8
General Motors 53 1-4
Liggett & Myers B 105 1-2
Montgomery Ward & Co .... 53 3-41
Reynolds Tobacco B 41 1-2
Southern Rnilwav . 1G 5-8
Standard Oil Co* N J 42 3-4'
U S Steel 57 1-4
Closing Grain
wheat:
May 102 1-2
July 100 3-8 ,
Sept 100 1-8
CORN.
May 56 1-2
July ."G 3-4
Sept 57 3-8
OATS.
May 5G 1-2
July 5G 3-4
Sept 57 3-8
Does Not Improve
Mrs. L. R. Rookcr continues ill in
Duke hospital and shows no im
provement, ;t was said today.
Two Choirs
Enter Sing
Two choirs of Henderson churches,
from City Road Methodist and North
Henderson Baptist, were entered in
the community sing of choirs held
in the auditorium of the .Junior high .
school in Durham Sunday. Large
numbers of singers from bothH
churches attended the event, which j:
was in charge of J. Cooper Might, of jJ
Durham, formerly of Henderson.
The groups left here in the late |
morning, and had several numbers
on the program. The total number
of choirs entered was not learned
but it was reported to have been very j
large.
CHEATHAM, CLEMENTS 1
AT BANK GATHERING
I
Joel T. Cheatham, president, and 1
R. E. Clements, a director of the In- j |
dustrial Bank of Henderson, attend-j
ed the annual winter meeting inij
Rocky Mount this afternoon and this
evening of the Industrial bank sec-}(
tion of the North Carolina Bankers
Association. |*
Gurney P. Hood, Shite banking
commissioner, I. M. Bailey, general c
counsel for the State association,
both of Raleigh, and other officials *
were on the program, with the chief *
address at the dinner meeting this
evening by Thomas C. Boushall, of i
[he Morris Plan Bank of Richmond. |
Va.
ROTARY TO MEET.
The weekly meeting of the Rotary
Club will be held Tuesday evening
:it 0:30 o'clock at the Vance hotel.
PAYS SI FINE.
II. L. Candler paid $1 into the of- ]
[ice <>l the city clerk as a traffic fine, i
records revealed today.
Eight Fraud
Charges Are
Nol Prossed
Eight charge- i>! n
viorth Carolina I'm
jensation Comnii u
;ed und removed • <
:ity court today, v. .1
r. Powell presiding.
Those who laced l: • 1:.
lie amount o! m -noy ,
Raymond H. Matthew -;j.
Harriot P. Hale. $44.
Callie Reeves. SI I
John Ragland. $21.
Lesley Tart, Si-.
Voilie B. Mannin. M'.i.
J. J. Cullom, S2o.
Leonard Mangum, S.42
Other cases were u:
he city by trial.
Edison Hick.-, paid 'v
icing drunk.
Harold Hawkin .
icing drunk, drew HO i
■d upon payment ;!„• <
Moses Rogers.
;uilty to being dr-nk ■
0 days, suspended \.\»
f the costs.
Dave Magbce. N'oaro.
uiltv of theft of prup< :".y ><
)avis.
v'ANCE GROUP TO
ATTEND POULTRY
PRODUCTiCN MEET
A group of Viiiu"'
A'omen acrotnp;r <><i !>•.■
Summer. home d» n • •
ind Miss Jo-T'phin* K:m<
igrnt, will in Vi FT-jir-iuh
0 attend a district «hi»ri
>oultry production, it
oday at tho office <>! j ; s
/ance county lam:
Dreaming won't get you a home . . .
but action will. Consult with us now
we'll show you how to go about it!
This association has financed hun
dreds of homes in Henderson the Build
ing and Loan way and will be glad t<>
assist you.
Come in and let us show you h<>\v
you can own your own home and pay for
it with rent money.
Henderson Building &
Loan Association
Irvine l». Wat kins. President
Al. B. Wester, Secretary
A PENALTY OF 2%
Will Be Added To All 1939
COUNTY TAXES
That Remain Unpaid After
FRIDAY, MARCH 1
You can save money on your tax bill by paying on or
before the
above date.
Call this office for amounts or any information you need about
your taxes.
F. M. DORSEY,
County Tax Collector