Newspapers / The Daily Advance (Elizabeth … / Sept. 24, 1920, edition 1 / Page 2
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THE ADVANCE DAILY AND SEMI-WEEKLY PEELE & PEELE Publishers HERBERT TEELE. EDITOR Member of the Associated Press "The Associated Tresa Is exclusively entitled to tbe nse for republication of news dispatches credited to It or not otherwise credited in this paper nil also to the local news published therein. SUBSCRIPTION RATES J2 months by carrier 93.C0 1 month by carrier 42c 1 week by carrier JOc 12 months by iniiil in zone 1 $1.00 12 monl lis by mail elsewhere 85.00 THE SUNNY SIDE "BY ROBERT QUILLEN" UNCLE HENRY LEADS Henry Ford is a disconcert in? sort of person. Here we've all been talking about the ne cessity for deflation and the inevitability of a return to ward normal by the reduction of prices. But everybody else has been looking for his hand to be forced by some myster ious agency called "the mar ket." Hut Ford takes the talk seriously. He believes that war prices should last no lon ger; but instead of contenting himself with prophesying a drop, he proceeds to cut the price of his own product. Ford I automobiles have been reduced in price nearly a third, andJ other things that Ford pro duces have suffered a cut. Everybody talks about cutting prices. FWd cuts them. And for that no doubt he will be roundly abused by his busi ness associates. In all pro bability he has put a crimp in th? automobile market that will be felt all along the line. He will be accused of being a bone head, an anarchist and a horse-thief by other manufac turers who prefer to talk about deflation rather than to do anything on their own respon sibility to bring deflation about. Rut the probability is that Ford is taking a shrewd ad vantage of the situation. This reduction in the price of his wares will probably cost him something during the next few months, but he is financially strong enough to stand the loss; and it will have the enormous compensation of keeping the Ford factories busy, when many others are slackening their output, to say nothing of the tremendous good-will that Ford is building up. As a politician or a so ciologist, Henry Ford may be a joke; but anybody who takes him for a fool in a matter like this is going to drop him with lightning speed. Henry Ford knows what is coming and he is standing from under. Greensboro1 News. At any rate, soft drinks cause no bard words. Castor oil isn't a perfect medicine, but it agrees with most people. At any rate, the gins of the father are no longer visited on the Children We have already had rogues in polities, and rouge will be a welcome, change. Campaign Interest is divided among front porch, front page, front cell, and front lace. A lot of people will he unhappy in heaven because there won't be any thing to scold about. The ladies will get by if they take as much interest in a party issue as they do in a party line. The fruits of victory should not he And now when one comnlalng of j'the price of a quart people wonder whether he l8 speaking of booze or gasoline. The murderer can no longer claim that he was crazed by drink, but he can claim that he was mad because he couldn't get one. In I'ew York they are building houses with disappearing beds. u w I I A. PUHTy o- It fiULld1 Most of the houses have cellar, are fast disappearing. that pop- AlkramA TODAY measured until they are picked. ilees gather honey and their "owner'' robs the hive. Then be kicks about the methods of prohl- eers. A reader wishes to know how long men can live wil hunt food. Well, for that mailer, how can .short ones? When the Fool Killer isn't urging somebody to go over Niagara, he is encouraging the cuiisuin pt ion of wood alcohol Secretary Hailow, of the New Hern Chamber of Com merce, thinks that eventually the depth of the inland water way channel will have to be made sullicient to carry ves sels with a draught of fifteen or twenty feet. If he is right about it, the government is go ing to discover that it needs the Dismal Swamp Canal in this inland waterway. The Albemarle and Chesapeake Canal route was chosen on the ground that a depth of ten or twelve feet would be ample for manv vears to come. P,y keeping your eye on our circulation figures in the up- per left hand corner of the front page you may observe that the number of copies of The Advance read every day,, after having remained sta tionery for the summer, is' again on the up-grade. Our goal is 1,200 readers by Christ mas. Watch tomorrow's paper for a big advertisement of the District Fair. ! A skinnv movie star is never ular. She will soon be a failing star if she doesn't get a little meteor. Eventually the wots will concede that prohibit Ion is a good thing, but they will never forgive prohibi tionists. One explanation of every thing is that the average man's sense of re sponsibility has been leplaced by a sense of importance. The difference between the Irish situation and the coal situation is that Washington is distressed about I lie Irish situation. Of course you understand that the land grabbing spirit of righteous nations was merely interred for the durat ion of the war. One's pa t confronts him when he Mauds at judginc n' or nin- for cilice. ! We see by the papers that a man at Raleigh was arrested for spanking his stenographer. The man thought, we suppose. 1 hat he had a divine right to spank somebody, and we'll say it's hard on a man with a spanking proclivity to have nothing but a stenographer to spank. And it's also hard on the stenographer. Where did this hot weather come from? Fish, Oysters and Clams .Just reci ived a new supply of ex tra tine new corned mullets a! whole sale or retail. A fresh supply of clanis just arrived. Large select and standard oy.-tors coming in fresh every day. Fresh Ash of all kinds in season. Mullets, spots, bultertish, croakers, trout, blueliish, mackerel, sheephead, rock, flounders, perch, corned herring. Thomas Crank & Son, Keeney Crank, Mgr. Stalls No. 1. 2 and I!, City Ma.Mrket. Two phones, 204 and 724. Sept 23,24.25 pd fr- 'J. J MA 1 m 1 QhWify" "NissIfoBbs rsru aummt ,1 O EL WW Hidden Dangers ALL SHOWING Of- HATS We have Felts, Velours and Brush hats that are made by the best manufacturers in , the States, and made especially for THE SPENCER CO. Our Hats are 'up to the minute. For display See Our Window The Spencer Co. f mn REPORT OF THE CONDITION OF The First & Citizens National Bank At Elizabeth City, In The State of North Carolina, At the Close of Business on September 8th, 1920 RESOURCES (at l oans and discounts $3. 12.?, 547. 80 Deduct (ill Notes and bills rediscounted with Federal Reserve Hank 457.441.34 ' 8 9u 10 i 2 13 1 I 17 IS i 9 in Overdrafts, irusecured I'. S. (iovci imient Securities owned: (a) DejioMtcd to secure ciiculalion (1". S. bonds par value) $ 2oij,o0u.n0 (b) Fledged to secure I'. S. deposits (par value) ,'1,000. 01) (d) Pledged as collateral for State or other U' po.-its or bills payable 2 15,oiio.cnj (f) Owned and unpledged 53,1)00.00 Total I". S. Government securities . . Other bonds, securities, etc.: (b) Bonds (other than U. S. Bonds) pledged to secure postal savings de posits S, 000. 00 (e) Securities, other than I'. S. bonds (not including stocks), owned and unpledged 53. 500.01) Total bonds, securities, etc., other than ('. S Stock of Federal Reserve Bank (50 per cent of sub scription ) Value of banking house, owned and unincumbered .... Furniture and fixtures Lawful n servo with Federal Reserve Bank Items with Federal Reserve Bank in process of collection (not available a- r serve ) Cash in vault and t.i" amounts due from national banks Net amount due from banks, bankers and trust com panies jn I'niteil Slates (other than included i:i It. 'in- 1 ; 1 '. or 111 Clucks on other hanks in same city or town as re potting bank Total of It. :i: 11. II. 15 and 17 . . . ills. sou 14 Checks on hanks located outside of city or town of re IMiriii.g Itai.k and u'hvr cash it. ins . Redemption fund w i ' !i 1' S Trea u 1 1 r a ml due from I'. S Tn asurT Intcrc-t earned b'.r not collected approximate on Notes I',;:i- Kereiva'de not jU-t lllle 2,(17 1,1')G 2C 9,6(i7.S6 471, Ooo.oo Total 61.5U0.0O 9. 450. 00 76.24 1.3 1 10,430.50 104. 4o6. 09 9 s . n 0 s . 2 9 17s. 1 12 07 37.22s 71 5,1 11.37 2.93s s;i IS. 500 -14 5. son. u:; .760.7 1 1 sa LIABILITIES : la ll Capital .stock paid in . Sui'plii- fund I'ndivide.l ,pli!s Less ( 111 1'i III 1 pen-e-, Paid Inteiest and discount col mat uri' y and not 1 f lit ! and t axes 17.12- 27 h i I, d or crc dited in advance of 1 1 aed - ( a ppi o I ma 'ei :'3 34 3 s 9 40 42 4 3 44 4.".a 49 5 4 Amount re- rve.l lor all inteieM aci 1 ai d Circulating notes outstanding Amount due Id F.deral ll.-iive Hank (deteri.d ciedii-i Net amount.- due to national banks Net amounts due to banks, bankers and trust companies in the t'nited State; and foreign countries (other than inc luded in Items 29 or 3n ) Cert i ii i ci checks outstanding Cashier's checks on own bank outstanding Total of Items 29. 30, 3 1. 32 and 33 $ 116,431.22 Demand deposits (other than bank deposits) - subject to KeserTo (deposits payable within 30 days): Individual deposits subject to check Dividends unpaid Other demand deposits Total of demand deposit;, (other than hank deposits) subject to Reserve, Items 34. 3S and 39 $ 1,3 8 7,675.26 Time deposits subject to Reserve (payable after 30 clays, or subject to 30 days or more notice, and postal savings): Certificates of deposit (other tan for money borrowed 1 Postal savings deposiis Other time deposits Total of time deposiis subject to Re serve. Items 40. 42 and 43 $ 1.4 13.793.S5 United States deposits (other than postal savings): Other I'nited Slates deposits, including deposits of V. S. disbursing officers I'. S. Government Securities borrowed without furnish- Bills payable with Federal Reserve Hank Liabilities olher than those above s.fated 2oo,iniii.0li ! u 1. .op 101 1 9.4iio )s 6,750.47 1 0 . n 11 11 iii 200,000.00 37.3os.s4 2o '.! 46. 499.9U 3,880.16 7.7 4 S 72 1.382.098.1 7 1S3.00 5,394.09 5,319.74 6,147.98 1,402,326.13 1,370.7S 190.000.00 5,319.74 Total $3, 760, 741. SO Total contingent liabilities 457.44 1.54 Of the total loans and discounts shown above, the amount on which Interest and discount was charged at rates in excess of those permitted by law (Sec. 5197, Rev. Stat.) (exclusive of notes upon which total charge not to exceed 50 cents was made) was $35,000.00. The number of such Ing collateral security tor same 70. 000.00 loans was four. State of North Carolina, County of Pasquotank, ss: I, W. G. Gaither, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. W. G. GAITHER, Cashier. CORRECT ATTEST: CHAS. H. ROBINSON, O. F. GILBERT, M. P. GALLOP, Directors. Subscribed and sworn to before me this 20th day of September, 1920, (Seal) EVELYN H. HILL, Notary Public. Hinton Building, Opposite Y. M. C. A. Special Pan Trout will be sold on the Cash and Carry plan at 10 cents Quality Shop 1 per lb. for the balance of the week D. R. Monden A Son. 16,17,18
The Daily Advance (Elizabeth City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 24, 1920, edition 1
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