Robbers Make Big
Cash Haul Sunday
(n Stokes Stores
■'aft** Crarkeit 0|>«*n Some
time Between Midnight
aft<l 8 A. M. Sunday
Pitt County's biggest and most
taring robbery in recent years oc
curred early Sunday morning as
hugs blew open safes in Stokes
Uongleton and Jerome Perkins
tenoral merchandise- stores a.
stokes, taking an estimated $(>.
100 from both in cash and checks
Both stores were broken intc
between Saturday midnight and t
>’clock Sunday morning, Shenf:
duel Tyson reported. He coulc
riot say which one was enterec
first. One store is located on on<
tide the street and the other a
cross the street
Perkins lost approximately $2,
200 in cash and $500 in checks
plus a number of bonds, the in
vestigating officers said.
Stokes-Congleton lost about $1,
1)00 in cash and $2,500 in chocks
plus negotiable and non-negoti
able bonds of undetermined de
nomination.
In addition to the cash am
checks taken, Perkins lost a 17
jewel green-gold Waltham poeke
watch and a 30 police Colt pis
tol which were in the safe. Som
insurance papers were taken alsi
W. F. Stokes, co-owner of th
store, said he entered his stor
Sunday morning about 0:00 o
clock, found the front door ope
and ^he safe doors riddled. Debri
was strewn all around the flooi
he said. In addition to the cas
and checks, he said the robbei
took half a case of cigarettes an
three hsfts.
Three blankets were wruppe
around 1 sate, Stokes reportei
to eliminate noise of the expl(
sion. He thought the robbei
used dynamite and nitro-glyceri
for the job.
Townspeople told Tyson Hu
heard two explosions early Sut
day morning The first one, tin
said, came about 1:30 and the se
ond at 3:00 o'clock.
Stokes said his theft was a t
1 al loss, explaining that he h;
no burglarly insurance He sa
he had found about $150 in choc!
and the money drawer of the sa
Monday morning on the Belht
Stokes highway just at the ed
of the community. Nothing el
lias been discovered, as yet,
said.
The robbers broke three axi
he said, in try ing to get the mon
beauty at ease
Beautiful Virginia Mayo rrlaxr
in a regal hostess pajama outfit
designed in rollon salin by Mar
garet Newman. ^ detachable skirl
lies over the one-pieee cotton host
ess pajama. The blonde movie star
ehooses a delectable shade of par
fail pink for her easy-lime en
semble.
Secrets Captured
j'! In Germany Tell
Fantastic Story
(Continued from page one)
i
A
I,
n
-I
d
d
I'e
1
so
If
For example, the commission
says that, to induce the investors
to buy the bonds, the promoters
“wrote up" the Polish company's
assets by .juggling the "rate of ex
change" between Polish and Am
erican money. This made the
company’s “deficit” look like a
"surplus."
As a result of all this, and more,
the S E. C. says, Saco started in
business in 11)26 with only $30,000
cash left in its treasury. Appar
ently the "promoters" had made
practically a clean sweep.
In the prosperous 1920's, the
Polish and German mining com
panies made some money, and
Saco paid $2,500,000 dividends,
which the S. E. C. says were only
| partly “earned.” Of these divi
; drawers open after the doors of
■s. the safe were blown off. The vault
<y in the safe was unlocked.
FATHER OFFERS CANADIAN QUADS FOR ADOPTION
*ATHM OF OUADIUPU? daughter. 'Mg’: ttS. to ilr^xSnsive'moS. he presents
—s—i
dends, the promoters, through
their free stock, “received $1,470,
| 000 or much more; than half.” t
In 1930, things began going
! “sour,” and thfc Polish and •Ger
man mining companies suffered
losses. The S. E. C. cites letters
written by the promoters and
their mine officials, showing they
were trying to make the losses
look as bad as possible.
The reason for that .the com
' mission soys, is that the promoters
were buying back SaCo bonds]
j from the American investors, and
i wanted to get these bonds asj
cheaply as possible. As a matter i
of fact, the $100 bonds fell as low |
as $30. J
Thus, each bond bought back j
meant a profit of as high as $70 *
j for Saco, and. a major part of that
profit went to the promoters
! through their free stock.
After Hitler came into power
and took over both Germany and
the part of Poland where the j
mines were, Nazi "commissars”
' were put in charge of the mines.
Some of these commissars, ac
PUBLIC AUCTION
Of Real Estate and Personal Property
TIME: IMan-li 31, l«>W> — A. M.
H VI ! : T«wii of Hamilton, Martin Comity, IN. C.
\i Home IMuee of tin* Utf K. NX. Sudbury
I Col IIoiih-IioM c\ Kitchen Cnruilurc, imlmliiiR tin* following:
1 3-t ap Alt Klectric t ook Stove
1 Large Coal and Wood Range Cook Stove.
2 Wood Healing Stoves
1 Large Dining Kooni
Mirror
Side Hoard with
I Walnut Wardrobe, 2 Mirrored Doors
1 tj-ft. Mahogany Hook Case
1 Oak Library Table
2 Leather Hottoin A. Hark Itoeking Chairs
1 Set (t>) Leather Hottoin & Back Dining
t hairs.
! Standard Sewing Machine
1 Flcclric Itadio
ti Assorted Size Wool Druggets
i Stair ltunncr (Wool)
1 Klectric Water Heater
2 Silent Flame Circulating Oil Heaters
1 Large Relvinator Refrigerator
1 Large Hall Rack, with Large Mirror
1 t>-lt. Mahogany Table Desk and
Swivel Leather Hack Chair.
1 Mahogany Library Table
I Antique Walnut Desk
1 Settee, Leather Hottoin and back
and 4 ('hairs to Match
1 Sola and 4 Kasy Chairs to Match.
5 Porch Rocking Chairs.
I Single Rbl. No. 410 Shot Gnu.
li Assorted Size Wool Rugs.
I Set Bed Room Furniture (Oak)
And Other Odd Pieees of Furniture
Also the Following Store and Office Equipment:
1 Freight Flevator
2 Prs. Platform Scales
1 Set OOd. Oak Rank Fixtures
1 Burroughs Adding Machine on High
F'ramc.
2 Table Desks
1 7 1-2 II. P. F.leetric Motor
1 Set Cotton Scales
1 Large Iron Safe—Direct from Factory to
Office.
I Oliver Typewriter.
1 Typewriter Desk.
—There Will Also Be Offered At This Sale lly the Heirs of the latte R. Wr. Salsbury the Fol
lowing Real Property;—
I M Room 2 Story Residence on Large 1 6-Room 2-Story Dwelling on Large and
Corner Lot with 2-ear Garage. Adjoining Lot.
1 Vacant Lot approx. 50 x 100, adjoining
Movie Hou^s Lot, Liberty St.
I 1037 Ford DcLuxe Club Coupe Automo
bile.
TI* Above Property May Be Inspected At Any Time Prior To The Sale By Appointment.
P. L. SALSBI HY, Administrator C. T. A. of It. W. Salsbury Estate
HAVE VOJJ I
BOU6MT
OUR EASTER
SEALS YET?
YOU BET I HAVE // 1
I WOULDN'T PASS ^
LIP THIS CHANCE TO
HELP THE CRIPPLED
'CHILDREN FOR ALL
THE CORNED BEEP
AND CABBAGE DINT/
-- COULD COOK!!
Kw fca.uK.-WnJ.cW, »"<■ ^ '■>*» -
M4CIC CARRY-ALL COAT
IV* mat ky tk«
It u imacing •• a magician a clank.
Daaigaml ky a U. S. Depart man! mt
Agricultara clotking agncialim frgna
waterproof anil wrinkle reaiatant
r«uon, tka riat ia kaamn-aeM far
the feminine akonper. It kae W
dan pneketa in tne aieerea, akirt,
and ton for kna token a, a bop ping
tills, panelta, wallaU, and acker
Stance needed ky a akappcc. Ike
carry-afl kag in acenmpaay tke cot
ten cnet keWa tke '
carer fee rainy day*.
cording to the S. E. C., were "per- I
sunnily acquainted with the Ana
conda management,” and gave I
Anaconda "confidential informa
tion.” I
In 1941, a “syndicate of Swiss;
banks" came into the picture, with
a proposal to buy, at bargain
prices, the “remaining bonds” still
held by American investors.
“Postwar disclosures,” the S E.
C. says, have established that the
Swiss banks were acting in ac
cordance with a scheme approved
by the Hitler government.” Also,
this was “known to the Anaconda
officials and American represen
tatives of the Swiss," who “press
ed fer approval” of the proposal.
That was during the recent war
and Unde Sam was gettuig wise
to what'wag going on. The U. S.
Treasury and Alien Property Cus
todian refused to “okay" the Ana
conda-approved Swiss deal. Then
Saco went into bankruptcy.
In view’ of this and other
strange history, the “remaining
* American holders of the bonds,
i and the S E C, are skeptical of
’ tlie reorganisation plan proposed
Balls Purchased
By Bertie Group
Eleven Negro fanners of Bertie
County recently purchased young
Jersey bulls, according to M. W.
Coleman, Negro county agent lor
the State College Extension Ser
vice.
bjTthe Wall Street interests which
I promoted and controlled Saco all
j the way down the line. _
The bulls, all of which were
two months old or younger, were j
obtained from Biltmore Dairy
Farms at Asheville. They can be
registered at any time upon re
quest of the owner.
“After a year or so, we hope to
be receiving some good heifers as
a result of breeding our better
cows to these purebred Jersey
1 bulls,” says Coleman. He adds
that plans also are being made to
bring some bred heifers into the
i county within the next few
weeks.
Owners of the bulls are John
Stewart, John A. Freeman, W. H.
Watson, Selma Watford, Kcllev
Etheridge, J. W. Bond, P. B. Bar
row, Frank W. Ballance, Wendell ,
Bond, Bill Bunch, and Simon
Bond.
-1,
TOBACCO
-«—
With the marketing of flue-cur-,
ed tobacco,, which accounts for
more than half of the domestic!
crop, almost completed, the Agri
culture Department estimates that
growers would get about $530,
[100.000 for their 1949 crop of
about 1,130,000,000 pounds. This
would be about $10,000,000—some
two percent—less than they were
paid for the 1948 crop of 1,320,
000,000 pounds.
A careless song, with a little
nonsense in it, now and then, does
not misbecome a king.—Horace
Walpole.
SINCLAIR EXPANDS REFINERIES
TO HELP GET MORE OIL
NEW AND MODERN refin
ing equipment like this hat
been completed by Sinclair
to help meet the record Re
mand for petroleum'prod
ucts — a demand far greater
even than during the war.
Foreseeing this demand,
Sinclair launched a
$150,000,000 expansion
program. The Sinclair pro*
gram includes not only new
refining equipment, but also
new pipelines and new pro
ducing wells. In the future at
in the past, look to Sinclair
for Better Products, Better
Services
N. C. GREEN, AGENT
WILLI AMSTON, N. C.
bbbbbc:i
I o i* s |> r i n g
i i * ►, (li v n i n g- 81 c e v e d coat
by
|>r> shorti neat 'n' sleek . . . that's the look for Spring 195# . . .
that’s this Jaunty Junior beauty in fabulous pure worsteds.
Targets lor attention arc the loose, winged sleeves falling
gracefully from the unseamed shoulder that widens into
riangular buttoned-back cuffs. Pointed, vanishing collar*
scalloped pockets. Sites 7 to 15.
A» It Appear* in CLAMOUR
Exclusive with us
leesai