U-? v i ' I 1 The rebuilding of historic Calvary Episcopal church at Fletcher, N. C„ which was burned three years ago, will be virtually completed with the SSOO first prize of the Purol-Pep Drive Safely Crusade contest for June. John E. Schley (top right), Asheville insurance man and senior warden at the church, who won the prize, is seen as he received the SSOO check from Wiley L. Moore, of Atlanta, president of the Pure Oil Company of the Carolinas. A few minutes later, Mr. Schley presented the check to A. L. Montfort-Bebb, of Fletcher, chairman of the building committee of the church, to be applied on the rebuilding of the church, which was originally built in 1859. Calvary church is one of the most historic churches in North Carolina. It was rebuilt at a cost of about $26,000. Mr. Schley’s contribution furnished $.500 of the last SI,OOO needed for completion of the structure, which is seen in the lower picture as it appears today. ' Behind The Scenes in American Business By John Craddock .» '» . Am A New York, July 25—BUSINESS —No let up appeared last Aveek in the slow but persistent march to ward recovery AA’hich was signaliz ed a month ago by a dramatic up swing in prices of corporate stocks and commodities. Shoe retailers, along with other dealers in con sumer goods, reported a distinct improvement in sales. With shoe prices generally lower than last year, shoe merchants are making every effort to duplicate this year the 1927 sales volume of nearly three pairs for each person in the U. S. From Detroit came word that July sales of new automobiles may be better than the June total of 188,000 cars. Meanwhile, it is re ported that used car dealers are meeting with success in reducing the number of second hand cars on the market. News from both the steel and electric power indus tries is encouraging. Steel mills are operating at 20 per cent of ca pacity, the highest rate thus far in 1938, and power production last week was the highest since Janu ary 29. * * * WASHINGTON The U. S. Treasury, it was disclosed last week will ask Congress to remove future federal, state and municipal bonds from the tax exempt class, to ex tend the income tax to federal em ployee* and to permit states to tax federal bonds and incomes of federal employees within their borders. Most businessmen consid er this a worthy aim. Taxation of government bonds should help businessmen to raise capital. Suppose a retired business man has $10,000,000 to invest. If he puts it in government bonds at 3 per cent his annual return would be $300,000 upon which no tax would be levied under present laws. In order to give him this much net re turn, private business would have to offer him at least 10 per cent on his money, or $1,000,000 a year. Be cause after he’d finished paying the approximately $675,000 federal and state income tax on the $1,000,- THE ZEBULON RECORD, ZEBU DON, NORTH CAROLINA. FRIDAY, JULY 29,1938 j his actual income would be whittled !to 8325,000. Obviously men of wealth at present are not anxious to risk their money in private busi j ness when in many instances they can get the same net return by in vesting in relatively safe govern ment bonds. * * * THINGS TO WATCH FOR— Combination comb and brush, so that the hair can be combed and brushed in one motion . . . Rubber flower pot; when the earth cakes around the plant, it can be broken up by merely squeezing the pot. . Paper bag within the cloth bag of a vacuum cleaner; dirt collects directly in the paper bag, which is removed bodily and discarded with out exposing contents. . . Photo graphic paper that can be develop ed into a picture merely by ex posing it to steam. I* * * RETAIL SURVEY Business men large and small read with in terest this week a survey publish ed by Standard Statistics, Inc., which discusses the current status of federal and state legislation as it affects multiple retail outlets. Particular interest centers around th conclusion of the survey that time is running against the propon ents of punitive taxation calculated to run the chain stores out of ex istence. ‘‘Farmers have no sympathy with those who would cripple the chains,” the survey says, “because they are important customers of large rural organizations and are against anything that would tend to raise prices in these outlets. More important, the farmer knows that the chains perform highly use ful functions in taking surplus of farm products off the market. Con sumers and organized labor are also opposed to anything that tends to raise retail prices.” * * * MEN;S CLOTHING Clothing merchants, looking for higher wool prices, are losing no time now stock ing up on men’s suits, overcoats and winter underwear, making due allowance of course for the possi bility of a somewhat lower sales volume this fall and winter than last year. In the last month alone raw wool tops have risen from 75 cents to 82% cents. Supplying Mr. John Doe with his new fall suit is a complicated business. Companies that make cloth started designing patterns a year ago. The cloth was woven in their mills last fall, sold to manufacturers mostly located 1 eastern seaboard cities. They in turn began cutting and sewing the ; suits last winter. Right now sales ' men for these manufacturers are on the road in all. parts of the country selling 10 suits here, a ; hundred suits there, depending on j the needs of retail merchants. * * * HEADLINES IN NEW YORK— I General Electric Co. sales in first 'half are §131,000,000, off 33 per ‘ cent from a year ago. . . . Willys ' Overland reduces prices up to $26 on 11*38 models. . . Libby-Owens ! Ford Glass Co. re-employs 1,400 workers; President John D. Riggers : sees improved fall prospects for 'glass industry. . . . Argentina to sell $25,000,000 bond issue in U. S. industrial stocks in Japan dr pped 21 per cent in value in .ast two months. . . British Parliament for ! first time in years seriously con ' siders resumption of payment on | w ar debt to U. S. . . 32,084,565 net : ome of National Biscuit Co. for 2nd quarter is slight gain over first quarter. . . FHA forecasts . big est residential building year j since 1929. . . Refiners’ gasoline j stocks cut as heavy demand con tinues. . . COLORED NEWS COLORED CHURCH NEWS Although the church is burned the singing contest will be at the school building Sunday, July 31. Everybody that wants to hear some real singing come, both white and colored. Program be gins at two o’clock. The choir and quartette that raises the most money will be given a cash prize. So come to the community singing at the Zebulon high school. MRS. J. A. GRESHAM, Program Committee. Mr. Vanston O’Neal died at his home on Whitley Street Saturday, July 28, after being in bad health for a long time. He had been considered seriously ill for some time, so death was not un expected. BASEBALL DURHAM (GOLDEN BELT BALL TEAM) -AT ZEBULON Thursday, July 28 3:30 P. M. ERWIN at ZEBULON Saturday, July 30, 4 p.m. | He was born in Johnston county ' and moved to Zebulon more than 120 years ago. He was loved by ! all who knew him. He leaves his wife, three daugh ters, one son, and one brother, nine grandchildren and a host of friends and relatives. Funeral service was in the Wakefield Baptist Church with ■ Rev. A. A. Morrisey in charge J Music was by the church choir. A resolution was read from the Zebulon Baptist church. Inter ment was in the family burial j ground in Johnston county withi Mr. C. L. Lightner in charge. CARD OF THANKS The family of Vanston O’Neal wishes to thank all friends for! their kindness and sympathy or, j his death and for the use of cars | and for flowers. j The Family, MRS. ORA WATSON, ELIZA WATSON KENLY O’NEAL, MARY O’NEAL. COLORED BAPTIST CHURCH BURNS About three-thirty Thursday morning the fire alarm was sound ed. The colored B'aptist church was on fire. The fire force quickly re sponded. but it was found that the hose would not reach from the j nearest hydrant to the fire. Un der the circumstances little could « * be done and the building was a to tal loss. When discovered, the fire was at the front of the church in or near the main entrance. It quickly climbed the belfry and spread towards the main part of the building. Seymore Chamblee had a pack house just a few yards east of the church and this was soon in flames. Jesse Mitchell had tw'o bams of to bacco in it. One was saved. It is understood that Mr. Chamblee had SI,OOO insurance on the church to protect himself on a claim he held against the church membership for lumber furnished a number of years ago. The loss is estimated from $4,000 to $5,000. It is not known how the fire originated. Gossip is that some j one was seen sitting on the steps t *of the church not long before the fire. .It is not supposed to have been incendiarism, but probably was accidentally set on fiie by some one carelessly' throw ing a lighted cigarette stub. It is understood that the mem bers of the church expect to make plans to rebuild just as soon as I possible. Since there are few mem j hers having any property, it will be a difficult task for them. Their white neighbors are expected to give them assistance and no doubt j w’ill do so. “EATS FREE’’ Down in Dublin, Ga., the pastor i of the Methodist church had a sur prising increase in his usual con ! gregation. He read his church no | tice again and found instead of I “Seats free”, it read “Eats free.” | Not the first time folks went to hea a preacher for the loaves and fishes. FRUIT JARS Quarts, 75c; 1-2 Gal., $1.00; Jelly Glasses, 50c; Twine, 25c; Thermometers, 25c; Kerosene, 10c; Tobacco Sticks, splits. A. G. KEMP—ZEBULON, N. C. PAUKOIimsF R«omm«nd*d by BESS JOHNSON . Mar of "HIUTOP HOUSU 1U V Super Suds (for washing dishes) 2 for 19c Octagon Soap 1 for 19c Concentrated Super Suds (for clothes) 2 for 19c Octagon Powder 3 for 14c Octagon Toilet Soap 3 for 14c Octagon Granulated 2 for 19c Octagon Chips 2 for 19c Octagon Cleanser 2 for 9c Crystal White Toilet Soap 3 for 14c Klex Soap 2 for 9c Stedman Stores ZEBULON, N. C.

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