, INDUSTRIAL AND FINANCIAL REVIEW
by
[ William McMahon, President William McMahon't Market Digest
x past week showed a slight re- .
k n in steel plant activity from
the [.receding week, but far above the
corresponding week a year ago. Coal '
production was ahead of the previous
week and also of the corresponding
yoriod last year. Crude petroleum
tuiput receded a little, cotton re- j
reipt.s were higher, and the distribu
tion of commodities as reflected by
freight loadings was at the peak for
the last ten years. Motors were
strong and there sems to be no sign
hi a let-up in sales nor reduction in
profits.
The dollar volume of trade, as in
dicated by check payments , wa9
lowvt than the preceding week but
much higher a year ago. Business
failures were fewer than in the pre
tedvng week, and showed also a de
aliae from the corresponding period
?>f V)2H.
Interest ra Us on time and call
on'tiey were higher than last year,
hut the I-'ederal Reserve ration show
frf i decline from the week preced
ing although hitrher than a year ago.
Bond prices sagged a little.
The stock market was strong, par
ticularly with respect to the popular
issues. Some of these well known
-tocks art too high according to the
i.:sual economic standards Qf calcu
ation. Most of them could not be
bought for investment because the
yields are too insignificant to be
onsidered from that viewpoint. Of
course, the professional optimists
and a large portion of the public
consider prospects more than the
present, and buy for enhancement
ather than for income.
There are, however, many issues
?isted on the New York Stock Ex
hange, yielding six and seven per
ent, bearing good ratings, having
good records and strong in asset po
: itions, that could be profitably pur
hascd. The time is fast approaching
iihen stocks will be considered by
lirewd market operators according
-o present merit as well as alto
gether according to future hopes, and
iien some of the hundreds of worthy
"sleepers" will be taken in hand.
BAPTIST YOUNG PEOPLE TO HOLD
MANY CONFERENCES IN OCTOBER
.'he week of September 30 to I
(K .iber I has been designated as 1
1! I'.U. Conference Week in the ;
?. fern region of sixteen Baptist
1 ciations, comprising, Avery, Bun
:c:x . Mitchell, Yancey, French i
i'roini. Green River, Sandy Run, i
('a.tv\lina, Transylvania, liaywood,
Ye* Found, Tuckaseegee, Macon, i
Tenn. River, Western North
( jr .ii ui and West Liberty associa
. Seventeen of the western
.-uuntics are covered by these asso
:tations.
State secretary, James A. Ivey,
Hakigh, assisted by Miss Winnie
Ki'-fcctt. Junior-Intermediate Leader,
? ? president, Chas. Howard, Louis
t>ur% and regional president, A. V.
Washburn of Sylva will cover this
region touching five central points,
ari" .;ach night during the week. The
ciations have been grouped and
1v. meeting places designated as
follows: Buncombe, French Broad,
i - t Green River associations meet
ing at Reed's Chapel in Asheville,
.V <ndu.v night. Sept. 30; Yancey,
and Avery at Spruce Pine
I' pti^t church, Tuesday night;
S.imly Run. Carolina and Transyl
iam.i at Fruitland Institute, Wednes
iiu night; Haywood, New Found and,
Vutfcaseegee at Canton on Thursday
right; and Macon county, Tenn.
Kiiei. Western North Carolina and
Wi>st Liberyt at Bryson City on Fri- 1
flight, Oct. 4th.
Ac each meeting there will be in
rational addresses by state presi- 1
; ('has. Howard who is one of
the oustanding young Baptist pastors
of North Carolina. Mr. Howard is
11 very forceful speaker and the fifty
thousand B.Y.P.U. members of the
Old North State are fortunate in
having such a talented, cultured and
consecrated young man at the head
of their organization. There will
ulso be conferences and round table
discussions on all phases of B.Y.P.U.
work.
Letters, outlining the schedule and
programs are being mailed out from
the Raleigh office and from regional
president Washburn, S.vlva, to the
pastors and other B.Y.P.U. officers
It is expected that large numbers or
pastors, associations! officers, gener
al directors, Senior presidents, Jun
ior and Intermediate leaders and oth
er officer will take advantage of
these conferences in their respective
districts.
The conferences will begin each
evening at 7:00. The churches en
tertaining these meetings are pro
viding banquet suppers for those at
tending. Secretary Ivey states that
this is a new project in B.Y.P.U. cir
cles and if the Western Region
makes a success of it, he intends to
cover the other four regions of the
state soon.
Much interest is being shown in
young peoples' work in the western
part of the state recently due to the
fact that the state B.Y.P.U. conven
tion will meet at Mars Hill in June,
wjien more than one thousand of the
finest young Baptists in the state
will gather for a three day conven
tion.
SELICA NEWS ITEMS
Our folks are wondering what will
>. next. On one day last week the
?ffii-iTs dropped in and got one of
?<i'. "teggers," then along came Fri
i-jy the 13th and caused our super
.i'.iti'Mi to be stronger than ever in
thinking it an unlucky day, as one
?{ 'jur -itizens was run over by a
{?' r<l, another of our friends was al
murdered by a gang of outlaws.
Coy Hogsed was a visitor of Van
Waldro|i and family Saturday.
Ward Ureedlove says it is a mis
lake about his celebrating his 63rd
'lirthday, as was reported in last
Selica News. It was his
father. .lames Breedlove, of Lake
Toxaway.
Mrs. Cora Bartor. who underwent
arc operation last w 'Sk, is reported
?. resting better.
John McKinna h; harvested his
tobacco and is curing it in the patch,
not su!: curing, but rain curing it.
Fred Whitmire W? a caller at
:ht-. home of Sylvann.s McCall Sun
day.
Dv. f'annon. of So ith Carolina,
(v tt.< a professional caller in our sec
ti/)f rfi-ently.
H"l>art McKinna, of Little River, '
f.as a visitor in our section Monday, j
Mrs. Henry McKinna, who was
struck by a car Friday and who is
now in Transylvania hospital in a '
serious condition, is thought to be '
GRAVELY REUNION TO BE
HELD ON SEPTEMBER 29
Annual Gravely reunion will be
held at Rocky Bottom on the Pickens
highway on the fifth Sunday in this
month, September 29. Dinner will
be served on the grounds and it is
! expected that a large number of
people from various sections of the
county will be present to enjoy the
pleasures of the day.
recovering and we hope to see her
back at home soon.
J. P. Whitmire and a party of chil
dren, Durrell Barton, Bud, Annie
and Martha Bryson, Ruby and Inez
Dunn, went on a chinquapin and haz
elnut hunt Sunday.
It was sad news to all in our sec
tion to learn that a crowd of bo
hunks had almost murdered George
Shuford and his truck driver, also
threatening Mrs. Shuford on last
Friday, but we are glad to hear of
the arrest of the men.
It is reported that a four-footed
chicken thief is bothering our fK;c
tion, which is unusual for one of
this type. We would advise that
somebody keep their chicken-eating
dog chained.
The lesson for our prayer meeting
next Saturday night will be from the
5th Psalm, conducted by Helen Bar
ton.
PAY YOUR SUBSCRIPTION
Mothers
who real!
important
POM FRESH
GRADE MAW MILK
is to a
health I
upon MILfC from
Eastview Farm Dairy
PlIONE 173
SEE T. T. LOFTIS
AND GET STUNG
Prompted by his usual generous
hearted, public-splritmindedness, Mr.
T. T. Loftis is offering from twelve
to fourteen bushels of "high class,
godlen-winged" bumblebess to any
would-be apiarist of the town or
county who will make him an offer
for all or part of the above men
tioned tribe of Bombus terrestris and ,
will come to his garden at his home
hive or in any modern way rid his
garden of the sweet-makers for
(which he says he has not use what
| soever.
BIG ORDER PLACED FOR
FRIGIDAIRES BY THE U. S.
Dayton, Ohio, Sept. 17. ? The U.
S. Navy has placed a contract with
Frigidaire Corporation for $27,000
worth of electric refrigerating equip
ment to be installed during the pres
ent year. The first installations un
der this order have already been
made on the U. S. Texas, where two
electrically cooled storage boxes of
eighteen cubic feet capacity and one
of nine cubic feet have been placed
in operation.
A considerable amount of Frigid
aire equipment is being used by the
Coast Guard and on destroyers. On
the latter type of vessels it is con
nected with powder magazines to
prevent deterioration of ammunition
in tropical service.
LITERARY GROUP AT
S1LVERSTEEN SCHOOL
The St. Louis Kobin Literary So
ciety was recently organized at Sil
versteen School with the following
officers:
President, Ella Mae Hall; vice
president, Maxie McCall; secretary,
Helen Owen; treasurer, Glenn Mc
Call; critic, Prof. Eugene Xing. Le
nora Anders, Mildred Galloway and
Helen Owen were appointed by the
president to act as a program com
mittee.
The society endeavors to train its
members in various phases of literary
work and some interesting programs
are being rendered.
The time of meeting is on Friday
afternoon from 2:45 until 4 o'clock.
Visitors are always welcome, es
pecially the patrons of Silversteen
School.
? Seventh Grade English Class,
Silversteen School.
CARD OF THANKS
We would love for every one to
know just how deeply we appreciate
the helpfulness and kindness shown
us in the dark hour of trouble caused
by the death of our beloved one,
Mrs. Edith Hunt Ruff. There are no
words with which we can adequately
expreHS our gratitude. All we can
say is that we thank you and love
you and for your fine loyalty.
The Hunt Family.
WAX YOUR FLOORS
AND PREVENT DIVORCE
Every woman wants pretty floors in her home. All It
takes is the proper ingredients and a Waxing Ma
chine. We have both, and we have experienced men
to do the work. Call
ED. GILLESPIE
?HONE 123
Gaoftral Painting Contractor, Floor Finubar and
V Home BeautUiar*
36 MINUTES LATER WE'LL BE THERE
Brevard is only 30 minutes from Hender
sonville. Any time you may want
ELECTRICAL SUPPLIES
an4 ELECTRICAL WIRING
Just phoie us, and we will be there just as
quickly as the law will allow.
HENP^RSONVILLE ELECTRIC CO.
PhJhe 80 5th Avenue W.
Hendersonville North Carolina
NOW?
WE CAN SUPPLY Y
WITH PURINA CHOWS!
The Profit Building Feeds in
Checkerboard Bags
FEEDERS of poultry and live stjck around Brevard will be glad
to know that they can now find the complete line of the well
known Purina Chows in our store. For some time we have been
investigating various lines of co.nmercial feeds. We have be
jome a local authorized Purina distributor because we are con
zinced that Purina Chows will make more money for you who
feed farm animals. ,fi..
For 35 years Purina Chows havj been lowering feeding costs ?
increasing egg production ? putting more milk into the pail? put
ting more weight on hogs and steers and sheep in quicker time ?
keeping horses and mules in fineit condition for hard work. What
Purina has done elsewhere it can do right around here.
A COMPLETE Line? ?for All Feeding Needs
NO MATTER what you're feeding
? or how ? you'll find t^at Purina
Chows will fit your needs. If you
want a hog ration to ma'Jce your
com worth more ? there's Ptg Chow
and Hog Chow. If you hive no
home grains and need a coibplete
hog feed ? there's Hog Fatenai So,
too, dairymen can get just the right
Purina mixture to go with alfalfa
hay or mixed hay ? or whatever
they may have. And poultry rais
ers will find here the proper feed
for chicks, for growing pullets and
laying hens. Steer feeders, sheep
men, horse and mule owners ? all
can find extra profit in the Check
erboard Bag.
The first carload of Purina has just
arrived in Brevard. Stop in and ex
amine the largest selling poultry
and stock feeds in America ? larg
est because they do make more
money for the feeders. Come in and
let us explain the Purina plan of
feeding and how it helps you make
more money ? or phone and we will
be glad to come out to your place.
B. & B. FEED & SEED COMPANY
Main St. Phone 66
The Store with the Checkerboard Sign
PURINA
CHOWS
ir .1. mm hi