Interesting Bits Of
Business In U. S.
The cost of living in the United i
States jumped one-half of one per
cent in September over August lev
els. accord in^to the National Indus
trial Conference Board . . . War ii
gradually cutting into one of th<
country's biggest hobbies, photog
raphy, with Eastman Kodak Com
pany rationing some photographu
film supplies for civilians . . . Ne
sales of General Electric Company
for the first nine months increase<
38 per cent over the same period ii
1941, but net profit dropped fron
$37,471,608 to $30,710,499, while fed
STATEMENT OF CONDITION
Guaranty Bank
and Trust Co.
WILLIAMSTON, NORTH CAROLINA.
AS OF OCTOBER IT. 1942.
RESOURCES
Cash and in Banks $11,376,488.13
United States Bonds 1,644428.91
North Carolina Bonds 187,424.79
Municipal Bonds 887,291.86
Other Stocks and Bonds 53,983.75
Total Cash and Marketable Bonds 514,145,677.44
Banking Houses, Furniture & Fixtures 173,384.39
Other Real Estate 1.44
2,749,135.91
Accrued Interest on Bonds 12,42143
Total Resources 817,484.616.57
LIARILITIES
Capital Stock ? Common I 344,444.44
Capital Stock ? Preferred 164,444.44
Surplus 254,444.04
Undivided Profits 121,439.45
Reserve for Retirement Fund 45,040.04
Reserve for Dividends 68,004.00
Other Reserves 84,982.87
Deposits ? Net 16,051,194.25
Total Liabilities 517,080,616.57
Member Federal Deposit Insurance Corporation
Hurry! Extra Specials Un
Dresses - Coats - Suits
JUST RECEIVED ?BIG LOT OF
Ladies' Dresses
A manufacturer's eloseout, we were
lucky to get them, ami you'll be lucky
to buy them at our special low prices.
$1.98 to $5.95
Ladies'
COATS
\\ 1
All the latest styles and colors. Unusual
values at these unusual low prices.
$7.95 to $29.50
Mannish styles ? In
Newest Materials
and Colors . . .
Ladies' Suits
You'll want to be the first to see this
special lot of new 2-piece suits. Solid
colors, Plaids, Herringbones, Tweeds!
New Jute toppers with skirts to match.
$4.95 to $6.95
Martin Supply Co.
War Insurance Is
Made Available At
A Very Low Charge
War damage insurance to protect
you against financial ruin in the
event of enemy attack has been
made available ot you, at a reason
able cost, by the War Damage Cor
poration, an agency of the United
States Government. Ordinary busi
ness prudence would seem to de
mand that you give careful consid
eration to this type of emergency
protection in order to determine
whether or not you can afford to
gamble with your own financial
solvency by being without it.
On December 13, 1941, following
this country's declarations of war,
the Federal Government, through
the Reconstruction Finance Corpora
tion, announced the establishment of
a one hundred million dollar war
damage fund to meet the immediate
demands for this kind of protection
which arose throughout the United
States and possessions following
Pearl Harbor. Subsequently this
fund was increased to one billion
dollars, the sole purpose being to
provide temporary war damage pro
tection for everyone, pending the
time that a permanent system of war
damage insurance could be put into
operation.
Fire insurance policies never have
included protection against loss
caused by invasion or military pow
er and it was rather generally felt
that it would be unsound for private
insurance carriers to undertake to
furnish protection against these
war-time perils. The reserves of
private insurance carriers have been
built up over a great many years
to guarantee the security of the pro
tection these companies have sold.
eral taxes rose from $82,000,000 to
$139,000,000.
Relief At Last
ForYour Cough
Creomulslon relieves promptly be
cause It goes right to the seat of the
trouble to help loosen and expel
Krm laden phlegm, and aid nature
soothe and heal raw, tender, In
flamed bronchial mucous mem
branes. Tell your druggist to sell you
a bottle of Creomulslon with the un
derstanding you must ltlce the way It
quickly allays the cough or you arc
to have your money back.
CREOMULSION
for Coughs, Chest Colds. Bronchitis
BEHIND THE GUN
To expose these reserves to the ca
tastrophic losses which might re
sult from invasion or bombardment
might make these insurance car
riers unable to meet their obliga
tions to their millions of policyhold
ers throughout the nation, thereby
undermining our entire credit struc
ture at a time when a strong system
of credit was most necessary. On the
other hand, policyholders who were
relying upon private insurance car
riers for financial protection against
war damage losses might conceiv
ably face financial ruin should such
losses prove tin) great for private in
surance carriers to bear. These were
several of the reasons prompting our
Government to provide protection
against these perils which present
such great catastrophe possibilities.
Accordingly, there was created by
an act of Congress the War Damage
Corporation with a capital of one
billion dollars and with authority to
provide protection against direct
physical loss of or damage to de
scribed property "which may result
from enemy attack including any
action taken by the military, naval
or air forces of the United States in
resisting enemy attack." The free
insurance which had been furnish
ed by the Government ceased at
midnight of the last day of June, and
the War Damage Corporation began
operations on July 1, 1942.
The purchase of war damage in
surance is not compulsory. It is of
fered by the War Damage Corpora
tion through the established facili
ties of the fire insurance business
which has cooperated closely with
the Government in all of the details
involved in planning for this ven
ture. The fire Insurance industry is
performing these services as a con
tribution to the war effort and there
Things To Watch
For In The Future
A hinged bottle cap that can be
removed with the bare fingers . . .
Pen and pencil clips made of plas
tics ... A new material with a cellu
lose acetate base, which may be used
to replace tin in collapsible tubes
A new mattress which has no inner
springs and doesn't use critical ma
terials . . . Quick-frozen spaghetti.
?
Stronger
The over-all demand for farm
products in 1943 will be even strong
er than in 1942, predicts the Bureau
of Agriculture Economics of the U.
S. Department of Agriculture.
is no profit to anyone writing this
form of insurance, it being intended
that the allowances granted to those
engaged in merchandising war dam
age insurance will be sufficient only
to cover out-of-pocket expenses.
Thus war damage insurance is not
a profit-making venture. It is noth
ing more or less than a sound busi
ness proposition offered to owners
of real and personal property at a I
reasonable cost.
It is believed that every proper
ty-owner will wish to consider these
new hazards with which he is faced
as u result of present world-wide
conflict, and whether or not he de
cides to purchase war damage in
surance, he at least should be fa
miliar with the details of thus plan
which is designed for his protection.
An inquiry of any establshed agent
! wll bring complete information
without obligation of any kind.
NOTICE of TOWN TAX SALES
I, L. IJ. James, tux collector for the town of Williamston, County of
Martin, State of North Carolina, have this day levied on the following
tracts of land, and will sell same at public auction, for cash, at the court
house door in Williamston, North Curolina, on Monday, November 9th,
1942, at 12 o'clock noon, for taxes due and unpaid for the year, 1941, un
less said taxes, penalty and costs are paid on or before that date. A
charge of $IS50 to care for costs in handling the sale plus interest are to
be added to each of the amounts shown.
This the 7th day of October, 1942.
L. U. JAMES, Tax Collector.
Town of Williamston.
WHITE
Birmingham, F. B , 1 Watts St res $ 74.00
Cherry, J. B., 6 Haughton St ten, 1 Mattress Factory & res, 1
Groves lot, 1 Main St store, 1 Main St lot 228.39
Clark, C. B and C. B , Jr., 1 Main St store 79.42
Cox, Mrs. Stacy, 1 W. Main 8t res 81.50
Critcher & Matthews, 2 Mafn St stores 70.00
Daniel, H, L., 1 Haughton St res 74.88
Everett, J. R., 1 Smithwick St lot 15.56
Gurganus, L H., 1 Watts St res 51.00
Hardison, C. C., 1 Elm St res 11.21
Mines, Mrs. Ethelyne, 1 W. Main St res 35.00
Hodges, F. K., Estate, Warren St ten 5.00
Lamb, W G., Admr., 1 Smithwick St res 68.25
Leggett, Mrs. W H., Est., 6 Warren St lots 34.54
Leggett, Mrs. J A., 1 Beach St lot 2.50
Mitchell, Mary King, 1 Watts St ten & lot 51 25
Moore, Geo. E., 1 Main St res, 1 Main St shop 30.38
Myers, W. M., 1 Ray St res 44.67
McLawhorn, D. C., 1 Academy St lot 20.51
Norton, M. J., 1 river lot 1213
Peele, H. O., 1 Haughton St lot, 1 Main St office, 1 Simmons Ave ten 46 62
Peele, Mrs. G. A & H. O., 1 Biggs St ten, 1 Haughton St lot 25.00
Ray, Horace A., 1 Beach St lot 1.25
Rogerson, B. B., 1 Warren St res 11.52
Rose, H. T., 1 Beach St res 47.25
Simpson, Mack T., 1 Smithwick St res 47.63
Stalls, Mrs. D. D., 1 Main St res, 1 Hyman St ten 48.75
Steele, Mrs. Allie H., 2 Washington St stores 80.00
Stephenson, W. E., 1 Pine St res 7.25
Strawbridge, J. G., 1 buggy factory bldg 50.90
? COLORED
Alexander, William L., 1 Hyman St lot
Alexander, M. L., 1 Garrett St lot
Bagley, Lucy, 1 Rhodes St res
Bennett, Ben, 1 Washington Road res
Bell, Frank, 1 R.R. res
Bell, Eugene, 1 Leggett Lane res
Bonds, Shermon, 2 res & ten R.R. St
Bonds, Mary, 1 Hyman St res
Boston, Virginia Slade, 1 Mary Slade res 1
Brown, Eddie Watts, 1 Washington Roa'd shop
Brown, Wm. Elmer, 1 Church St lot
Bryant, Louisa, 1 R.R. St res
Bullock, Ella, Est , 1 Wilson St res
Clemons, John, 1 Church St res
Clemons, Elisha, 1 Sycamore St lot
Davis, Bob, Est., 1 R.R. St lot
Ebron, Caroline, 1 Harrell St lot
Everett, Florence, Washington Road res & lot
Graham, Leva, 1 Washington Road res
Gurganus, Henry, Est., 1 Wilson St res
Hill, Geo. T., 1 Sycamore St lot
Hyman, Mary, 1 Wilson St res
James, J. T., 1 Pearl St res
Jones, Naomi, 1 R.R. St res
Little, Fernando, 1 res Little St
Mizell, W. B., 1 Elm St res
Ormond, W. v., 1 Duplex Pearl St, Blount Road
Ormond, W. V., Jr., 1 Rhodes St res
Peel, J. W., Washington Road property
Payton, Bruce, 1 Washington Road cafe and 1 ten
Pugh, W H., 1 Sycamore St res
Purvis, W. T., 1 Centre St res
Purvis, Geo. T., 1 Hatton St res
Purvis, Bertha, 1 Martin St res
Purvis, Mittie, 1 Hyman St res
Respass, Millie, Est., 1 Elm St res
Roberson, Rosa, 1 Broad St res
Rogers, William, 1 Main St res and store
Rogers, Rosa, 1 Pearl St res
Rogers, Amesia, Est., 1 Garrett St res
Ruffin, Fannie, Est., 1 W. Main St res
Ruffin, Whit, Est., 1 Elm St property
CI I- T?P-t 1 OL. L. Oi
Slade, J. D., Est., 1 Reddick St ten, 1 Church St res, 1 Williamston
Realty Co. lot, 1 Sycamore St lot, 1 W. Main St lot
Slade. Turner, 1 White St lot. 1 Elm St lot
Smallwood. Moses, 1 E. Main St res
Smith. Phyllis, 1 E. Main St res & ten
Spruill, Abe, 1 White St res
Staton. Wilson, 1 White St res
Stokes, William, 1 Washington Road res
Washington, James. 1 Broad St res
Whitley, William, 1 Pearl St res
Williams, Perlie D., 1 Hyman St lot
Williams, Carrie, 1 Jamesville Road lot
Williams, Caroline, 1 Harrell St lot
Wilkins, Joe, 1 E Main St res
Woolard, Jesse. 1 Pearl St ten
Attention?
Sweet Potato
Growers
Give us your orders for Sweet Pota
to baskets, ( ontemplate your needs
as early as possible. Due to the
seareity of materials it is necessary
that we have your orders early to
assure delivery.
Good BASKETS
At The
Right Price
Our baskets arc made well, yet they
run he bought at uo extra price. Vis
it our plant and see our fine quality
huskcts in the process of heiug made.
Call or Write
WILLIAMSTON
Package Mfg. Co.
TELEPHONE No. 5 Williamston, N. C.
Special Notice to
T axpayers
Month of October
Ik the laMt month in which
(liKconnt will he allowed 011
1942 taxes.
Special Notice
'I'Iiim in lii inform the Taxpayers of
Martin Comity that all lands on which
I'>12 taxes have not lici'ii paitl, will he
advertised First Monday in May, for
Salr Firnt Monday in June, 1943.
Salen heretofore have been made in
October.
Thin it done by order of the Board of County
Committionert and by Slate Law provided.
M. L. PEEL
Tax Collector ? Martin County