Newspapers / The News-Journal (Raeford, N.C.) / Aug. 5, 1943, edition 1 / Page 2
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THE NEWS - JOURNAL, RAEFORD, N. C- THURSDAY, AUGUST 5th, 1943 PAGE TWO MILK Milk is the largest single source of farm cash income in the U. S. bring ing in $2,332,253,000 to farmers in 1942, says John A. Arey, in charge of Dairy Extension at State College. CHICKENS The number tf young chickens rais ed on farms in the U. S. in 1943 is es timated at 925,652,000 birds, over one third more than in recent years and 16 per cent over last year. FALL GARDENS STATEMENT THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK NEW YORK. N. Y. Condition December 31, 1942, as Shown by Statement Filed. Amount of Ledger Assets December 31st of previous year $1,508,343,859.81 Total $1,508,343,859.81 Premium Income $127,436,189.44; Miscellaneous, $94;650,682.87; Total 222,086,872.31 Disbusements Tj Policyholders, $108,830,083.76; Miscellaneous $60,312,099.13; Total 169,142,182.89 Business written during year Number of Policies 60.321; Amount - 166,330,510.00 Business in force at end of year Number of Policies 1,257,496; Amount 3.644 ;202;486.00 ASSETS Value of Real E.,tate (less amount of encumbrances) $ 48,618.200.00 Mortgage Loans on Real Estate 221,475,329.40 Loans made to Policyholders on this Company's Policies assigned as collateral 105.635,391.77 Net Value of Bonds and Stocks 1,172.424.015.01 Cash 11,802.980.35 Interest and Rents dua and accrued 13,098.959.63 Premiums uncollected and deferred 12.918.687.01 AM other Assets, as detailed in statement $ 4,038,397.30 Total $1,590,011,960.47 Less Assets not admitted 2,482,465.41 Maxton College Shows Profit For Year Total admitted Assets $1,587,529,495.06 LIABILITIES Net Reserve, excluding Disability Provision $1,225,119:893.00 Present value of amounts not yet due on Supplementary Contracts, etc 129.987.767.39 Policy Claims 7.879.069.75 Dividends left with Company at interest 8,791.480.23 Premiums paid in advance 4.819.368.70 Unearned Interest and Rent paid in advance . 35,777.58 Commissions due to Agents 17.957.42 Estimated Amount payable for Federal, State and other Taxes 3,143.300.00 Dividends due P ilicyholders 206.687.95 Amount set apart for future dividends - 12.912,125.74 All other Liabilities. ,s detailed in statement 159.077.717.48 Total amount if oil Liabilities, except Ca; tal ... Unassigned funis (.-i.irplus) T '.!.' I Liabilities .. $1,551,991:145.24 35.538.349.82 $1,587,529,495.06 BI SINESS I THE STATE OF NORTH CAROLINA Dl RING 1942 Policies on the I've.- of citizens of said State in forse December 31st of previous year . Pciicies on the lives of citens of said State issued during t!u year .. Tjtil Deduct ceased to le in farce during the year 1.01 Policies in fore? December 31st Losses and Claims unpaid December 31st of previous year . Losses and Claims incurred during year .... ORDINARY No. Amount 19.963 $ 50.314,548.00 . 1.075 3.126.085.00 21.038 $ 53,440,633.00 .. 1.019 2,599.938.00 20,019 50.840.695.00 3 3.820.00 270 609.522.00 T:t, :il 2T73 613.342.00 Losses and Claims settled during the year, in full $ 608.231.00 by rejection 271 608.231.00 Losses and Claims unpaid December 31st 2 5.111.00 Premium Inconv! Ordinary 1.621,288.15 Total 1.621,288.15 President, L'.'Aris VV. Douglas Secretary. Willard T. Johns Treasurer, Stuart F. Silloway Actuary, Joseph B. Maclean Home Office 34 Nassau Street, New York, N. Y. Attorney for Survice: Insurance Commissioner, Raleigh, N. C. STATE OF NORTH CAROLINA, Insurance Department. Raleigh, May 7, 1943. I, William P. Hodges. Insurance Commissioner, do hereby certify that the above is a true md correct abstract of the statement of the Mutual Life Insurance Company of N. Y., New York, N. Y., filed with this Department; showing the condition of said Company on the 31st day of December, 1942. Witness my hand and official seal the day and date above written. William P. Hodges, Insurance Commissioner. "There have been more gardens, larger gardens, and better gardens planted in Hoke county this spring and summer than ever before but there is a great need for fall and win ter gardens in order that all families have a well balanced year-round food supply", gays Miss Josephine Hall, home demonstration agent. There are still many families in our county who are not producing their own food. In 1944 our armed forces, our allies and the people of the con quered countries will demand more food. Fresh vegetables from a fall or winter garden will save many points in ration books. Now is the time to begin preparing the soil for a fall garden, securing seed and planning to begin planting the seed and setting of plants. The preparation of the soil consist (1) re moving all large weeds and grass be fore plowing. Don't plow these under, as there will not be enough time for them to decay before planting seed. (2) Apply barnyard or poultry house fertilizer, broadcasting at the rate of 3 to 5 wheelbarrow loads of well rott ed stable manure or a bushel of poul try manure to 300 square feet. (3) Plow six to eight inches deep, pulver izing the soil thoroughly. (4) Apply four to five pounds of a good garden or the Victory garden fertilizer per hundred feet f row, in addition to the barnyard or poultry fertilizer. Planting dates as follows: Vegetables to Plant and When. Beets for roots and greens. August 1st to Sept. 1st. Broccoli, August 1st to 10th. Carrots, August 1st to 15th. Collard (Plants), August 1st to 15th Celery (Plants), August 1st. Corn (Bantam), August 1st. Kale, August and September. Lettuce (leaf). August. Tendergreens, August 15th to Sep-; tcmber 15th. Onion Sets (Potato Variety), Octo-' ber 1st to 15th. ! Spinach (Winter Varity), August and November. I Snap beans, August 1st to 20th. ; Turnips for roots and greens, Au-, gust 1st to 10th. Tomatoes (Plants), August 1st. I Rutabagas, August 1st to 10th. LIBRARY NEWS ! Maxton, Aug. 4 The financial year at Presbyterian Jr. College ended on July 31st, showing excellent progress during the past twelve months. The college has served more young people than in any other year in its history. Academic students enrolled totaled 119, night school students, 31, summer school students for both terms num bered 46 after elimination of dupli cates, making 196 academic students. Also 107 trainees were instructed at the Lumberton airport as transport pilots for the government. When all bills are in it is expected that the year's operations will show a small profit. During the year, $9,000 has been added to the endowment by gifts and $4,500 has been spent on buildings and improvement. A new dressing room has been erected ad joining the gymnasium, and the third floor of the dormitory made into a creation room. The Prepartory Department has in creased. Young men who desire to prepare for some profession are at tending the year-round accelerated preparatory course which enables them to save one-third time in high school work and to begin taking col lege work during their last year in high school. The junior college en rollment for next session, which be gins September 10th, is expected to be smaller because almost all of last year's freshmen class have been called into military service. The commer cial courses and the pre-induction courses have increased in popularity among students. The staff of the col lege is spending the summer in Max ton, busy making preparation for the opening of college and in registering new students. AMERICAN HEROES BY LEFF When Richard Breekenrldge'e lubmarine made harried diva off Japan, a natch jammed, but he ignored the order lo aoanaon ine rapidly flooding conning tower and remained behind, deeperately tryini to fatten it. By aueeoedinf, ha aaved vital equipment for hi nbmarine and became lha first entitled man in the submarine service to win the Navy Crow. He was willing to give hit life. How much of your income will yon unreal ia Payroll Seringa? U. S. Trtmnry Difrlwml COTTONSEED Each producer of cottonseed should see that his seed moves promptly to the mill in order that the seed may be conrerted into feed products, oil for food and other prduuets needed in the war, says Dr. I. O. Schaub, Director of the Extension Service at State College. COTTON According to the War Food Admin istration, there are no ctoon market ing quotas on the 1943 crop but the cotton loan program will remain in effect without change for the 1943-41 marketing season. STATEMENT AMERICAN CREDIT INDEMNITY COMPANY BALTIMORE, MO. Condition December 31, 1942, as Shown by Statement Filed Amount of Capital paid up in cash $ 1.500,000.00 Amount of Ledger Assets December 31st of previous year 6,194,741.88 Total $ 6.194,741.88 Income From Policyholders ...... 2,211,296.44 Miscellaneous 164,465.66 Total $ 2,375,762.10 Disbursements To Policyholders 35.602.95 Miscellaneous $ 1,366,058.17 Wal $ 1,401,661.12 ASSETS Value of Bonds and Stocks $ 5,411,767.50 Cash in Company's Office .... $ 2,065.68 Deposits in Trust Companies and Banks not on interest $ 1,690,633.82 Deposits in Trust Companies and Banks on interest $ 2.000.00 Interest and Rents due and accrued $ 24.596.57 Bills Receivable $ 144,724.33 All other Assets, x; detailed in statement $ 82,348.47 A number of new books were given to the library this week by J. A. Bau com which the reading public will ap preciate. A total of 1743 books were circulated during the month! of July which shows an increase over July of last year. Among recent arrivals is Cecil Brown's "Suez To Singapore." It includes the story of the last voyage of the Repulse and the Prince of Wales. Brown was aboard the Re pulse when it went down. Every girl who expects to marry (and doesn t this mean every girl?) will appreciate and benefit by read ing "She's Off to Marriage." It should be a "Must" for every groom as well. "Excess Baggage" will be of espe cial interest to Army wives. It was written by Betty St. John, one of their number. "Yesterday's Children" by La Mar Warrick is the story of war and what it does to parents whose sons walk out of school rooms into Army camps. Randy's mother used to fret when she thought he was taking a cold or if he got a 75 in History, and now he's on a Bomber. Juvenile books range from "Glory Be!" by Janet Lambert to "Canada and Her Story" by Mary Graham Bonner. "Sky Hostess' by Betty Peckham will have real meaning for girls who have ambition towards a career in the skyways. CLASSIFIED ADS Tot.. $ 7,193,439.43 Less Assets not admitted $ 130,434.93 Total avl.nitted Assets $.7,063,004.50 LIABILITIES Unpaid Claims $ 1.397,011.03 Unearned Premiums $ 1,115,176.25 Salaries, Rents, Exp-r. ,es, Bills; Accounts; Fees; etc.; due or accrued $ 10,000.00 Estimated amount of Federal, Slate, county, and municipal taxej $ 409,159.23 All other Liabilities, 33 detailed in statement $ 430,486.15 TV.il i.nount of all Liabilities except Capital $ 3,361,832.66 Capital paid up $ 1,500,000.00 Surplus over all Liabilities - $ 2,201,171.84 Surplus as legud., Policyholders $ 3,701,171.84 Totil Liabilities $ 7,063,004.50 BUSINESS IN NORTH CAROLINA Dl RING 1942 (a) Credit Premiss Received $15,516; Losses Paid $ 1,831.00 Totals Premiums Received $15,516; Losses Paid $ 1,831.00 President, J. F. McFadden Treasurer, S. C. Maguire Secretary, A. F. Stone Home Office First National Bank Bldg., Baltimore, Md. Attorney for service: Insurance Commissioner, Raleigh, N. C. STATE OF NORTH C AROLINA, Insurance Department. Raleigh, Feb. 22nd, 1943. I, William P. Hodges, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the American Credit Company of Baltimore, Md., filed with this Department, showing the condi tion of said Company on the 31st day of December, 1942. Witness my hand and official seal, the day and date above written. William P. Hodges, Insurance Commissioner. WANTED Old Rats at The News- Journal Office. Highest Prices Paid Bring what you have with buttons and pins taken off. 8 , PERMANENT WAVE, 59c! Do your own Permanent with Charm-Kurl Kit. Complete equipment, includ ing 40 curlers and shampoo. Easy to do, absolutely harmless. Prais ed by thousands including Fay Mc Kenzie, glamorous movie star. Money refunded if not satisfied. Reaves Drue Store 9-18 pd o) "ST WAREHOUSE FAIRMONT NORTH CAROLINA Professional Cards NOTARY PUBLIC See RALPH CHAPMAN. Hoke Auto (Chevro let) Co. Phone 230-1. 42-tf ARTHUR D. GORE Attorney and Counsellor at Law Bank of Raeford Building N. McN. SMITH Attorney-at-Law G. B. ROWLAND Phone 2271 - Raeford, N. C Attorney-at-Law Office in Court House Thii is a family war. Pat i your War Bend baying throoga f the payroll sarlacs plaa a r r. hmiw which .weaa Af ire it out yoarself . LET'S CO TO PRESS, COAST to COAST and Border to Border. THIS IS CAGE REPORTING From BIG "5" Warehouse We are now Ready to Receive Tobacco for Our Opening 1st Sale August 5th. Load Up and Don't Stop Until You have put Your Tobacco on a Row in BIG "5" Then Cage and Carey York the Outstanding Auctioneer will make You Happy with that High Dollar. Service With a Smile and Market Price on Every Pile. For the Best Service in The Ware house Business Call on the BEG "5" BIG "5" WAREHOUSE FAIRMONT, - - - - NORTH CAROLINA SCHEDULE OF SALES 1943 SEASON Thur Aug. 5, 1st Sale Fri Aug. 6, 2nd Sale Mon Aug. 9, 1st Sale Tues Aug. 10, 2nd Sale Wed Aug. 11, 1st Sale Thur Aug. 12, 2nd Sale Fri Aug. 13, 1st Sale Mon Aug. 16. 2nd Sale Tues Aug. 17, 1st Sale Wed Aug. 18. 2nd Sale Thur Aug. 19, 1st Sale Fri Aug. 20, 2nd Sale Mon Aug. 23, 1st Sale Tues Aug. 24, 2nd Sale Wed Aug. 25, 1st Sale Thur Aug. 26, 2nd Sale Fri Aug. 27, 1st Sale Mon Aug. 30, 2nd Sale Tues Aug. 31, 1st Sale Wed Sept. 1, 2nd Sale Thur Sept. 2, 1st Sale Fri Sept. 3, 2nd Sale Mon Sept. 6, No Sale Labor Day Tues Sept. 7, 1st Sale Wed Sept. 8. 2nd Sale Thur Sept. 9, 1st Sale Fri Sept 10, 2nd Sale Mon Sept. 13, 1st Sale Tues Sept. 14, 2nd Sale Wed Sept. 15, 1st Sale Thur Sept. 16, 2nd Sale Fri Sept. 17, 1st Sale SAVE THIS SCHEDULE PERSONNEL Cage Yarboro Carey York W. Bolyn Garrett R. P. (Cricket) Garrett J.W.McDaniels Mrs. J. 7. McDaniels P. J. (Puss) Burton Ernest Jones J. C. Yarboro E.M. (Uncle Dunk) Hears Aggrippa Williamson Perry Leggett Charlie Ford Zimp Leggett Albert Hardin y
The News-Journal (Raeford, N.C.)
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Aug. 5, 1943, edition 1
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