Newspapers / Marion Progress (Marion, N.C.) / Sept. 23, 1920, edition 1 / Page 11
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MARION PROGRESS, MARION, N. C, THURSDAY, SEPT. 23, 1920 V: I . v ,- ': ".t"r: i : . tmmmmmmms Report of the Condition of THE FIRST NATIONAL BANK, at Marion, in, the State of North Carolina, at Qre-lose of business on September, 8th, 1920. RESOURCES Loans and ..discounts, includ ing rediscounts (except those shown in b and c) $701,041.89 Overdrafts, unsecured 183.95 Deposited to secure circulation (U. S. bonds par value) 50,000.00 Owned and unpledged 25,450.00 Stock of Federal Reserve Bank (50 per cent of subscrip tion) 4,200.00 Value of Banking house, own ed and unincumbered 15,000.00 Furniture and fixtures 2,800.00 Lawful reserve with Federal Reserve Bank 43,665.14 Items with Federal Reserve Bank in process of collec tion (not available as re serve) 9,962.12 Cash in vault and net amounts due from national banks 169,102.23 Net amounts due from banks, bankers, and trust com panies in the United States (other, than included in Items 12, 13, or 14) 30,956.84 Checks on banks located out side of city or town of re porting bank and other cash items 298.29 Redemption fund with U. S. Treasurer and due from U. S. Treasurer 2,500.00 Interest earned but not collect ed approximate on Notes and Bills Receivable not past due and unearned inter eat T coin TO CONTROL GOAL INVESTIGATOR- OF THE COAL 8TRIKE IN ALABAMA MAKE RECOMMENDATIONS. PUBLIC THE ONLY SUFFERER Governor Kilby Approve of Bill and Will Havt It Introduced In tha Legislature Now. In Seaston. Total, 1,061,660.46 LIABILITIES Capital stock paid In $100,000.00 Surplus fund 40,000.00 Undivided profits $17,339.38 Less current expenses, interest, and taxes paid 4,874.80 12,464.58 Interest and discount collect ed or credited in advance of maturity and not earned (approximate) 6,500.00 Circulating notes outstand ing 49,195.00 Net amounts due to banks, bank ers, and trust companies in the United States and foreign countries (other than includ ed in Items 29 or 30) 67,758.76 Individual deposits subject to check 451,277.12 Certificates of deposits due in less than 30 days (other than for money borrowed) 1,150.00 Certificates of deposits (.other than for money borrow ed) 333,001.00 Liabilities other than those above stated Loans and Dis counts Long "Suspense ac counts" 314.00 Montgomery, Ala. Appointment of a state commission with absolute power- to control and regulate the coal InduBtry of Alabama is recom mended in the report of Governor Kllbj's committee Which as been in vestigating the general strike of Unit ed Mine Workers. The report, which was read before the governor and the senate and house Judiciary committee of the leg islature, finds operators . and union leaders equally responsible for pres ent conditions in the bituminous coal fields of Alabama, It states the public has been the 6,500.00 "only sufferer from the strike, which has limited the production of domes tic coal and caused prices to soar. Some operators, says the report, have taken advantage, of tire situation and have been guilty of profiteering. Goremor Kilby expressed approval of the bill. He said he would have it introduced at the special session of the legislature now in session and would make every effort to have It enacted into law. Total, 1,061,660.46 Of the total loans and discounts shown above, the amount on which Report on Gold and Silver Washington. A Joint report by th mint and Geological Surrey fixes th total American production of gold during the calendar year 1919 at 2, 918,628 fine ounces, valued at $60,331 400; silver, 56,682,445 fine ounces valued at $63,533,652 taken at the average New York price of $1,12087 per ounce. This represented a reduc tlon of $8,313,300 in gold, and $11,127, 634 in silver from the 1918 output oi he mines, the report said. California led among gold produc ing States with an output valued a1 $17,398,200, and Montana among sil ver producers with $15,012,258 fine ounces. Forty-Day Fast Ended Roseburg Ore. Mrs. J. M. Lane oi Roseburg. completed a 40-day fast : t. . i J : 4- - U .1 - m treH dIIU uiuun, .during which time she partook erf nc rates m excess of those permitted by! . , . . ..... nn law (Sec. 5197. Rev. Stat.) ( exclu- ! nourishment except a little orange sive of notes upon which total charge ; anii lemon juice and water. Mrs. not to exceed 50 cents was made) : ne had been suffering with chronic was S55.816.67. The number of stomach trouble for many years and such loans was 188. STATE OF NORTH CAROLINA, County of McDowell, ss : I, J. E. Neal, Cashier of the above- named bank, do solemnly swear that : 1 the above statement is true to the j ' best of my knowledge and belief. ' J. E. NEAL, Cashier Subscribed and sworn to me this 18th day of Sept., 1920. D. W. CRAWFORD, Notary Public. Correct Attest : J. Q. Gilkey, R. H. Bennett, J. L. Morgan, Directors. fwas advised to fast. She lost 21 pounds in weight in that time but never was confined to her bed. Hei first food was a small amount of soup Peanut Production j ' Washington. Alabama'3 peanut heron this year is more than 1-4 of the before hrvmntrv's tntl nrrtH 11 rt ion fnrwast h the Department of Agriculture at 38, 880,000 bushels. Alabama has 10,138, ,000 bushels; Georgia 7,405.000, Vir ginia. 5,263,000; Texas 4,710.000; Flor vida. 4.317.000; North Carolina. 4.316, 000; South Carolina, 968,000; Tennes see, 440,000; Mississippi, 102,000, and 'Lousisiana 89.000. Printing Brings Clients Not every business has a show window. If you want to win more clients, use more printing and use the kind of printing that faithfully represents your business policy. Vou save money and make money for your patrons. Do the same for yourself by using an economical high, grade paper Hammermill Bond "and good printing, both of which we can give you. , Ifyou want printing service and economy give use a trial. - -, - - - - - - - - Mcdowell publishing co. Marion, N. C. The Progress will keep you posted as to McDowell county news better than any other means. Marion Progress, $1.50 per year. Help Finance Tobacco Crop Washington. With the appoint ment of Senators Simmons, Robinson, jof Arkansas, and Dial, of South Caro tin as a committee to confer with President Wilson Secretary Houston and Director of the War Finance Cor Jporation McLean it is confidently ex pected that some relief will be offered the tobacco and cotton farmers ol the South within a short time. Was Anarchist Bomb Washington. Reports from Wil 11am J. Flynn, chief of the bureau oi investigation of the department oi justice, point conclusively to the fact that the explosion in New York was caused by an anarchist bomb, it was announced at the department of jus tice. Reports from Mr. Flynn over the telephone officials of the department stated, clearly show that radical ac tivities were responsible for the outrage. Seaboard to Issue Notes Washington. Permission was granted the Seaboard Air Line Rail way Company by the Interstate Com merce Commission to issue a series of three per cent certified gold notes not to exceed $1,000,000. What is believed to be the largest and heaviest steer in existence, weighing 3,500 pounds, is on a farm at Clinton, Ont. ffHj "r.fri.T.nJ-i ynl" PPi g"6 I .1 II gr n s or ft bean ggjp fiiCtS MWIM i" peart,' torn freer ixxilrrtabcMi Ctyton, Panama and the BaArten J. Every peart fisher must expert awe- an a water tvorket. ZAeit Jtnat native trvt fnmUh a picturesque Aght. T c make cue neck mere beauti-: ful. one person more attractive, -gents of the collector search the precious stones markets of the vverla and pearl fisher spend ccuutiess ctevs of patient endeayr or to fine pearls alike in size, . weight and color. This faithful application to a task ' is equalled, if not surpassed, by our search for this perfect blend i - s Cs "ff (fffi Produced by men who know for yowr protection Trr this coffee masterpiece ; erery brim mine crn tx h ha ih. tJui i rici rtaror, that real coffee aroma. 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CAMELS fit your cigarette de sires so completely you'll agree they were made to meet your taste! Unique flavor, fragrance and mellow-mild-body due to Camels qual ity and expert blend of choice Turk ish and choice Domestic tobaccos are a revelation! You will prefer the Camel blend to either kind of tobacco smoked straight! With Camels you can go the limit without tiring your taste. They leave no unpleasant cigaretty after taste; no unpleasant cigaretty odor! To get a line on why Camels win you so completely compare them puff-for-puff with any cigarette in the world at any price. You'll pre fer quality to coupons or premiums ! R. J. REYNOLDS TOBACCO CO., Winston-Salem, N. C WATCH REPAIRING Xf you want your Watches re paired at the following prices Cleaned, 50c; New Bal. Staff, 75c and up; Main Spring, 75c; Jewels, 50c and up send them to meT Good work guaranteed. ' J. S. Pyatt, R. F. D. 1, Nebo, N. C. 7-l-13t FOR SALE One house and lot in North Marion, now occupied by Mrs. N. A. Bracket. Lot 124 feet front by 120 feet back. Wot further reference, write Mrs. Geo. M. Car son, Route 2, Box 42, Winchester, Va. 8-5-4t Patronize our advertisers. They are all boosters and deserve your business. Has Your subscriptio expired come in and renew it next time you are in town.
Marion Progress (Marion, N.C.)
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Sept. 23, 1920, edition 1
11
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