Newspapers / The Daily Southerner (Tarboro, … / June 7, 1920, edition 1 / Page 2
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DAily Southerner, Monday. June 7, id26 '''' '''''' '' '" J THE SOOTHE Published every afternoon in the year, except : Sunday Lby THE SOUTHER N-JC K, t Turboro. NoTthJSarohna. Ifartw of The Associated Press . The Associated Press is ex clusively entitled to the use ; for republication of 'all newt dispatches credited, to it or not otherwise credited in this paper and also the local newt ' published herein. AH rights of republication of special despatches herein are also reserved. C. V. FARRISS iaitorv F. H. CREECH Cor. Editor V. H. CREECH Bus. Mgr. Address all communications to THE SOUTHERNER, and not to individuals. . Telephone P. O. Box - - 907 Entered at the Post Office at Tarhoro, N. C, asiecond class matter under the act of Congress of March 3, 1879. SUBSCRIPTION RATES I year 5.00 6 months 2-?0 3 months 25 1 monthS. lweek -mT .. - IB Foreign Advertising Repre sentative, THE AMERICAN P R E S S- ASSOCIATION, New York. N. Y. higher1 " interest ' offered 4 iU )per cent-will therefore amount ii con siderable Bum. ; The new bonds to be issued in ex change for th first unconverted '4's will be permanent bonds and will be either registered without coupons r will carry coupons covering interest on the bonds until they mature. : Interest on registered bonds is mailed direct to the bond holders from the treasury department in Washington. JThe interest on coupon bonds will be paid by any bank or trust company in the United States upon presentation of the coupons when due. HOW FAR THAT LITTLE CASTS ITS ROOTS. SEED Senator Reed was speaking in de fense of the Congressional seeds. He declared that the distribution of the seeds has been pictured before the country as a "Congrssional graft." He commented: "It is like a great many other claims that are put for ward, no one sees fit to deny them or explain the facts upon which the charge has been accepted as a fact." Since the days of antiquity the little government seed has been held up as a wanton extravagance. But Senator Reed says that it is all wrong and he gives plausible reasons why free seeds should not be abolished. "I have not the slightest doubt in the world that there is not an item in all the . appropriations made by Congress that so directly and imme diately benefits all the people of the-i United States as the item in the ap propriation 'bill whieh provides for the distribution of seeds," said Sen ator Reed. "The man who thinks that seeds sent out through the couh. try, planted and reproduced, do not pay for themselves many times over is a very peculiar sort of an individ ual. Here is a community that has just an ordinary kind of tonfato. Seme one sends in and gets from the government a superior variety, and one Df the good old ladies in the community raises them in her gar den. All the other women folks get that seed the next year. The result is that the little package of seed that is sent out from Washington may be the cause of the introduction into an entire county of a superior variety cf that product. This has gone on I for .years. I have no doubt in the j.'lil that the seed sent out from V.'.fihinji'ton have produced in prod ucts (.neiundred thousand times th Value r. f the entire cost." FOOD PRICES. The Department of Labor in its investigations has not been able to discover any particular reduction in the prices of foodstuffs. Meat pro ducts have declined somewhat, but the ultimate consumer has not no ticed the difference at the' butcher shop. The farmers are talking about a, strike because they, in common with everyone else, are paying ex orbitant prices for everything they buy. A half million soldiers left the farms to go. to war and it is esti mated that only fifty thousand have returned to farming as a. livelihood, the majority being attracted by high wages paid in the industries. The exportation of food stuffs in April of this year was fifty per cent less than for the same month last year, but even though there were no exports whatever, it is estimated that the greatly reduced acreage in crops planted this year would not be sum cient to take care of the needs of the nation. The 1920 crop is a short one, and some of the reasons for it are' enumerated above, It is reason. able to suppose that so long as crepai are short prices will remain high. PEANUT OIL OUTPUT SHOWS BIG CAIN. Cold-pressed virgin peanut oil, a new American product, is becoming a formidable competitor of olive oil, say specialists of the bureau of che mistry, U. S. Department of Agri culture, who are making a study of edible oils. The fine flavor and ex cellent keeping qualities of the cold NOTICE BOND HOLDERS. Persons here holding 4 per cent unconverted Liberty bonds of the first issue will receive one-fourth of one per cent more interest if they will deliver, their bonds immediately to their local banks for conversion into '4 1-4 per cent securities. The local banks will forward the bonds to the Federal Reserve Bank, Rich mond, where the exchange will be made, according to an official state ment today. The bonds to be converted must be in the hands of the Federal Re serve Bank of Richmond before June - 15 that being one of the semi-annual interest dates otherwise the 4 1-2 rate will not become effective ... until the following interest date, or December 15. If a bond holder wish t.n nlaa . desirable household oil. .The-cold-pressed oil is made by ad .process different from that of the hot-pressed peanut oil, which until recently was the only peanut oil made. in considerable quantity in the Unit ed States. The cold-pressed oil has a characteristic flavor, pronounced by many consumers to be far more' deli J cious than the oils which are hot pressed and subjected to a refinin process which - leaves them practi ally tasteless. Cold-pressed oil wh. made from sound, sweet nuts nee not be refined, and therefore retai its natural flavor. This oil is highly nutritive, andMs as readily digestible as the best olfve oils. It makes delicious French and Mayonnaise salad dressings and h a high-class cooking oil, especially if used for deep frying. Many discfim matins: housekeeners vuhn rim-in, Vh . , m war turned to xthe cold-pressed nui on lor tame use because tfiey could not obtain the usual supplyTof olive oil, found to be so deliciousand so satisfactory for table use that AheJ now prefer it to any other. - 4 . The production of peanut oiljn cluding both the cold-pressed and the hot-pressed, in the United States has increased from 454,000 pounds in 1912 to 95,934,000 pounds in 1918, an increase of more than 21,000 per cent. The importation of peanut oil increased from 7,626,000 pounds in 1912 to 68,466,000 pounds in 1918. Practically all the imported peanut oil is, hot pressed. Complete statin. tics for 1919 are not yet available, t It is apparent, say specialists, thatf! cold-pressed peanut oil is winning fori itself a place on the American table! justified by its flavor, nutritive valu and digestibility. Executrix Notice. Having qualified at executrij Elisha Meeks, deceased, Ut4 ma security upon a 4 1-4 per cent! . basis at any time after June 14 and ! tlie COUi"y Edgecombe, this l to prior to-December 15, he will have!notify H persons bavin lalms I to pay one-eighfh of one per cent of j against the estate of said deceaW to the face value of his bond. thi hoinu I .. '., ... ." i"em i0 ine undersie-nVd on . rwi pad r n ,,nw . .... i ... .1 w .... .... vvcs unci fbi, Bujusimeni to the next interest date. This amount will be paid back in the A 1-4 per cent coupon due in De ember There are about $10,000,000 of 'unconverted 4 per cent Liberty bonds f the first issue outstanding in the, XUt federal reaerva HUH-iVf vv- ! f r IS it HI of j f I IB, IVZl, Jti in bar ion In-If lJie make I ' L cr before the 6th day of Jut or, this notice will be plead or their recovery. All per debted to the estate will immediate payment, This June 6th, 1920. BETTIE JOYNER, 'If- '. - ' 'I' EN A ;Jiil Every Suit in Our Entire Stock of Clothing Goes on Sale at The Special Value-giving Prices of t $B7.M C o n s i s t i n g b f a Large A s so r t m e n t .. OF Cassimeres Flannels Worsteds Serges Regulars Shorts Stouts Longs Single Breasted Double Breasted One, Two & Three Button Models Separated Into Three Distinct Lots. Every Lot an Exceptional Valu A short story with a LONG PROFIT in it for every man and young man who grasps the extraordi nary oppotunity. Our stocks are filled to capac ity with fine suits for: men and young men. We oreoared for a hue& business. Bad weather -re tarded sales and nowwe are f orcep x take decisive action. m The suits are actually worth a great deal irfore in today's market. The identcal garments are worth almost double the price we are asking for them. They were made to lll from $50 to $85; that much fabric value and tailoring quality is represented in, every garment. To expedite an immediate clearance, we have r educed these suits at the ridiculousl low prices of i ......;:: .,,.;: . : ' -.........:... . - " . " ., . . "-. . ' . . ' $37.50 $47.50 EOSEFM L Err u H O W YOU Je5-6t-6wk. I Exutrix. . -
The Daily Southerner (Tarboro, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
June 7, 1920, edition 1
2
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