Newspapers / Brevard News (Brevard, N.C.) / April 16, 1930, edition 1 / Page 2
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Sufficient Idle Money to Put All Idle Men to Work, Say s News Editor j Declaring that business stagnation is due to the fact that people are not using their money for promoting business is the charge made in The West Asheville News, in a front page editorial appearing in last week's is sue of that iiaper. There is so much sound argument in. the whole editor ial, and its application to conditions in Transylvania county is so easily made, that it is herewith reprinted in its entirety: The indisputable evidence fur nished in local bank statements of Uarch 27, is to the effect that the financial condition of Asheville and Buncombe county, together with that of their citizenry, their business and their banking institutions are abso lutely resting upon the highest atjd soundest plane of stability in all his tory. The bank deposits ? which rep resent the money of the people on Jiund ? is today greater than that at tained during the highest peak of the 1!>2">-2G so-called boom deposits. The Central Bank & Trust Com pany. taking the highest ranking loud, i< their custom, sheds rays lipht in their statement in an a::-emble of facts, sufficient to en th -so and encourage every thinking ii n and woman, as to their course in! . tin- future of Asheville and Bun c :nhe county. In addition to that o ' all other banks, The Central shows an increase in their deposits of more than one million, six hundred thous j:ind dollars developing since their | J last statement, three months ago. The ' [Bank of Wesc Asheville; the Bilt- j : .noro-Oteen Bank; the Southern t ; State Bank; the American National J jBank; and the National Bank of' i Commerce, each show substantial ' ; vains. Their deposits as shown in j ound figures are as follows: Anier. Nat. Bank . . $2,260,000 , Biltmore-Oteen Bank 682>000 . Sou. State Bank .... 235,000 Bank of W. Asheville 644,248 Nat'l Bank of Com. 2,200,000 1 Central B & T. Co. 16,649,161 ] Tl'-e total deposits herein set out j Shows an aggregate of twenty-three 1 million dollars as revealed ih the : statements of March 27th. I ! It is regretted that the Asheville ! I branch of the Wachovia chain is not i nermittod and does not practice the 1 1 habit of publishing a local statement i showing their Asheville branch de- j j i posits. When approached by a News i | reporter, Gilbert H. Morris, vice- 1 ! president of the Asheville branch of ; 1 the chain, explained and exhibited a . very fine statement of the Bank's growth in chain deposits. And it' is - because of this that The News fur- ; ther regrets the civic privilege of putting genuine accuracy into its claims and statements, regarding lo cal bank deposits. But which cannot be done, under present methods ap plied. Following the instinct of a nwvs paper reporter's tactics and methods PHYSICIAN GIVES 3 SIMPLE RULES TO GAIN WEIGHT i (It Hat more food. (21 Get' |ih'nt\ "I" fresh air and take some : moderate physical exercise daily. (3> , Stimulate the natural activity of your digestive organs. The remarkable 'prescription of an eminent hospital physician known as 1ROGRN. quickly creates a good ap- , petit-', strengthens digestion, re- f stores normal bowel action, purifies tlie bliici.l and builds up the entire system "i our food is readily turned it<> rich, red blood and healthy tis u_ Thousands have experienced a' < . t ? ! ! . K 1 1 increase in weight and re-' "ewed iiealth and strength from its se l.iijiiid and tablet form at Mac 's and Iliward Pharmacy. adv. I ? T ? - ? , OAKLAND NEWS NOTES i.e.. Keid had the misfortune of j V- ? r.ti ?itr hi- ankle last week. He is j ?ru d as doing nicely. Mrs. V. \. <Reid and Mrs. C W. i d:, tttnded meeting at Union! eVuvr Sunday afternoon. Mr. Kel : . ..f !:? ??-.nan, conducted the ser- j vices. Mr-. K. I). Reid returned home : t >? >t - . visit in South Carolina last j we-k. j .1 (lalloway and sons, Gus and il.'d on their daughter and sister. Mrs. M. J. Burgess Saturday. Mrs. Thad Guy of Waynesville, is visiting her mother. Mrs. Clyde Chap pell. ? . Kv.iti Sanders spej-.t Sunday night with Inez Alexander. Mrs. Ordway was visiting her old j tiome at Cold Spring village, Sunday. ; Mr. and Mrs. Bob Nolan were ! visiting Mr.-. S. E. Alexander, Sun-] day. Robert Sanders and Cecil Galloway I not " t < > Gre< iville Saturday, night Mi -. A!. .1. liurg' and daughter, Bertie, and Mrs. \V NcCall were EYES EXAMINED GLASSES FITTED LENSES DUPLICATED Brevard Office in P. O. Building Open Every TUESDAY Aftwnoo* W. H. HAWKINS & SON 49 Years of Satisfaction H?ndoTaomviU?, N. C. BREVARD OUTFITS | TAKE THREE IN ROW | Institute Defeats Henderson ville ? Brevard High Downs Pickens, All-Stars Tryon PAYNE STRUCKfoUT 15 MEN IN SEVEN INNINGS Graham Worked Three Days In Succession ? Locals Showing up Well Three Brevard baseball teams, Brevard High. Brevard Institute and Brevard All-Stars each took a game last week, making a unique record. Brevard High journeyed down to Pickens Friday afternoon and came home telling ?f a glorious defeat they administered to the South Car olina High School outfit, the score being 11-1 in favor of Brevard. Payne was credited with fifteen strikeouts out of the seven-inning go and but for a miscue on one of his teammates, would have had a shutl out to his credit. Brevard Institute invaded the Ilendersonvillc stronghold on Friday afternoon and came out one run ahead, final score being 13-12 in favor ol' B. I. A slugfest was started in the first inning by the Institute boys, and continued in the second ? six runs being chalked up to their credit in inning one, and seven in number two. All the pitching skill Hendersonville was able to put forth seemed un able to check the onslaught. Tryon and Brevard All-Stars ? a team composed of High School. In stitute and town players, met the Tryon club on McLean Field Satur day afternoon and chalked up a 9-3 win for the locals. One of the fea tures of the games was the pitching of Tommy Graham, lightweight In stitute twirler, who pitched airtight ball for five innings after having pitched on Thursday against the Rutherford College team and on Friday at Hendersonville. Baseball prospects look good ? new players with plenty of ability showing up and several of last year's boys looking good. in Pickens Sunday afternoon. The people should appreciate the work done on the grounds of Lake Toxaway Baptist church by Mr. and Mrs. Taylor Lee and daughter Satur day afternoon. If a few others had come and done as much the grounds would have been greatly improved. Mrs. Lee F. Norton reports that she is getting along nicely with her census enumeration. Otto Alexander and mother were calling on friends here last week. Mr. and Mrs. E. A. Reid were Rosman visitors one day last week. FOR THE GRADUATE \ i Another milestone has been reached in Mary's or ! John's lit'e. Why not show them you are pleased with J their success by remembering them at this auspicious j time with a gift that will last. FOR HER ? Wrist Watches, Rings, Pins, Bracelets, i Dorines, Gold Pencils, Fountain Pens. FOR HIM ? Watches, Watch Chains, Rings, Silver Belt I Buckles, Gold Pencils, Fountain Pens. j Frank D. Clement. The Hallmark Jeweler j CLEMSON THEATRE BUILDING j if acquiring information when need d for publication, it was stated from i source believed dependanb'e in na ure, that the deposits of the Ashe 'ille branch were in excess of six nillion ?>ut less than seven million lollars. And, with this information The News arrives at its assertion for he deposits having1 attained " their jresent proportion, and one which inquestionably carries them to a new ligli level in the town's banking his ory. With this much money in the lands of the people of Asheville, it s difficult for one to arrive at an lon^t or intelligent cause for the ipparent laxity in business. The 'act is, the business houses and irms are really doing as much or nore business than they have ever tone. The trouble lies in a lack of iaith or; the part of those who, pre viously have been active in the buy- : ng, selling and exchange of real es- j ?te. When the people have realized j [.hat there is ty be no eternal de- ! 5t ruction of Asheville, as a city, I Buncombe, as a county, and real es- ] tatt as an investment, and bring j igain into evidence such faith as will I !?uide them into the purchase of real"! estate, then, and not until then, will 1 the question of the unemployed situ- , ation solve itself satisfactorily in i Asheville. Real estate in Asheville occupies a j coveted position in the line of profit able investments. This becomes pos- ' -ible from angles, other thnn that of it. own natural and incomparable as sets. In Asheville there is a group of nplcndid successful business men who beaome real estate what the shepherd is to his flock. These men, thenselves, are extensive owners cf real estate and, further than that, they have made it their buainess 'io become friend and benefactor to cth- ' ers owning real estate, who, at times, find it necessary to re :efve i financial assistance in their old and new holdings. It is to such men as these that every community every where owes it growth, progress and development, for their foiesigh, civ ic pride, and general desire to co- j operate with, and build through the whole of the people. When the fundamental requisites of progress and prosperity march to gether so continuously ind so regu larly with a marked degree of same ness, there can be no disputing the fact that underneath all that may be said or thought that there is genu ine stability, positive growth and a certain success for the future of Asheville and Western North Caro lina. Not a single asset from the very beginning has been destroyed. Every thing that was here in the beginning, is here now ? with its opportunities many times multiplied. The payrolls are today 400 per cent greater than they were ten years ago. Not even the giving of due consideration to the tremendous in crease in population can cut this payroll short of anything but a phe nominal .growth ard increase of. a mvst encouraging nature. Further substantiating the soundness of this increase in payrolls comes the state ments showing a 400 per cent in crease in bank clearings over the same period. A like increase is shown in electric meters, telephones, and water meters;. Asheville has never offered the investor a more opportune time to meet and cope with the cycles of progress st their lowest point for an assured new high level. The banks have money. The pecple have money. Firms are selling their products and all are content, save those who must depend upon the substance of his cr her payroll. And,. in the face of con ditions such as these, it is unreason able for one to expect a much longer [duration than that already witnessed, until real estate buyers recognize their great opportunity. Then, at this time, building will again start up; all classes of labor wili return to their work and these facts fcdded to the natural growth of the town, : noticeable even during its so-called depression, will multiply over and over agairf, all of those assets and re quisites which Asheville had in the beginning, and which Asheville has today. These, we say, are some of the just causes for the prompting of sufficient activity in the local real estate market and destined to lead it on in price to a new high level. Hm Made Occt? with MliJJtoNSl v Same Price for over 38 years 25 Mam 2cr 25^ Pure - Economical Efficient MILLIONS OF POUNDS USED BY OUR GOVERNMENT IS YOUR ESTIMATE IN FOR THE NEW CHEVROLET? COME ON IN! this at it way IF YOU MADE up your mind to produce the best cigarette ever smoked . . . wouldn't you begin by selecting the choic est tobaccos in all the world? . . . Wouldn't you spend time and money without stint to discover and develop the one most perfect blend? ... Of course you would. And that's exactly what Camel did. That's why Camel so quickly became ?the most popular cigarette in America. That's why, no matter what you pay, you can't match it for mild, mellow fragrance and that smooth richness that makes the perfect smoke. . . . Experienced smokers will tell you. . . . It's a great cigarette! Don't deny yourself the luxury of \ Camels ? 1930, R. J. Reynolds Tobacoo Company, Winiton-Saicm, N, C
Brevard News (Brevard, N.C.)
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April 16, 1930, edition 1
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