Newspapers / The Carolina Union Farmer … / May 2, 1912, edition 1 / Page 3
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the farmer and the bank. We sometimes wonder whether far mers get as much good out of the banks in their neighborhoods as they should. The country bank is the de pository of the moneys in the neigh- orhood and the main source of cred it to the farmers. No country corn- unity can do without a bank; and neither can the banks do without the armers. There are no two classes people more directly connected tnan the bankers and the farmers. ^ d thing the farmer should no in coming into a neighborhood is 0 make a study of the banks and community. He ouid get acquainted with them and tunu ^ banker every oppor- nity to become acquainted with a ■ They will find out about you yhow; but they had better receive financial frr. direct from yourself than ^om anybody else. thP^K considerations for banker extending credit is the Mam character of the applicant. canif small canh 1 P^®^®^®nce to those of large i puaj, because of confidence in the egrity and industry of the small tho^’ *^hey sometimes lack in banJ“^^ means. In fact. particularly desire larp- large single depositors or safer ^ denn.u ^^ ^ greater number of small a far ^ ^ ‘leal safer with thev ^““her of small loans than Or A either individual loans magnitude. A sheef of small deposits is a not V ^^chor to bankers. They do itor depos- ^hii money in the bank; Pernf deposits are largely manent. banw’ acquainted with your ^cquai^f!? ^ to get the oo ! y®""- If you live in you length of time, tlons ^^®^y to need financial rela- you some man who can help er V trouble; and the soon- you make them the better. The ^octeef thing to do, having se b^oife banker, is to leave your far ^^th him. Do your business I^Ofi’t possible through his bank, ^rawp money around in a in^fi?^ stocking or a tin bef ^ cellar, as many foreigners ^ere» i postal savings banks ^ere ' —'' oitviugs oanas for There’s a reason don’t 1 t®’’cigber’s lack of faith. They know m.i- 5r,o+J*.,*j op t li-n o .c*v-iv yjL 1.0,11,11. luej don’t institutions. They they h bankers. Naturally blent- confidence in the govern- *bgs bant^^® postal sav- baniT^’ y^'^^ business through do it 1. that you select. Ordinarily beeds ^^®bgh one bank. The banker '^b^hg an'^’ knows you are ^bpk it .ybbr business through his ^^bt ho a confidence in you ^bbUerin^^^^^ y°b were ^^I'ee hoTi deposits over two or t ^hen y!;“ the county. tho money, borrow ^bbstanrn tmving a definite un ^bUkert. it must be paid figures on a certain percentage of loss. If he is to continue In busi ness, he must add it on the price, and thus distribute the loss among his customers. Get out from under your share of that loss by buying for spot cash. Some farmers make sales once a year for the purpose of getting credit by selling the notes to the bank. Sales always involve considerable expense —advertising, the services of the auc tioneer, the cost of the dinner, and hired help during the sale. Sale notes sometimes give a year’s time without interest; sometimes six months or a year with interest at 6, 8, or 10 per cent. There is often a good reason for making a sale, but it is not a good thing to make a sale and get rid of some stuff you don’t want, and put in some of your good stuff, just to get credit. You will do it a good deal cheaper by going to the bank and borrowing what you will need, paying a lower rate of interest and saving the extra expense incidental to a sale. Other men buy stock at sales for the purpose of getting credit; and sometimes to their profit; for at a sale there afe always some things chat go below their value. If you can use what is offered, buy it; but pay cash if the note bears interest, or take the discount, if it does not. By doing this you will not only make money in the end, but will have a sheet an chor to windward. In case any mis fortune should come, you will have a friend in the banker. You will also be doing your part to establish the custom of paying cash, or within thir ty days, which is equivalent to cash, and thus do a good thing to the whole community. If the farmer has money ahead, the banker will give him interest for it; and frequently farmers make money by putting money in the bank on time deposits, as if they happen to need part of it before interest day, the banker will very readily loan them what they want, with their de posit certificate as security. In short, if you have the right kind of a banker in your community and will follow our suggestions, it will be money in your pocket. If you are not satisfied with the character of one banker, there are other bankers in that or neighboring communities; but wherever you are get into rela tions with some man who can give you credit when you need it. No civilized people can do without banks. They serve a most important place in the development of any com munity or country. Get in touch with che best one, and then in times of panic stay by it and withdraw as little of your deposit as possible. Some farmers seem to feel that they are in danger, if the banker has a note against them, but feel quite easy if a merchant has a note of the same size against them. There is no reason for this feeling. The banker can ex tend you credit and renew your note. Ordinarily the merchant wants his money and must have it.—Wallaces’ Parmer. The Cole No. 7 Planter Here is Ihe Best Coffon Planter. It plants any depth to suit your soil and season. It is the original one seed plant er, drilling the seed one after the other, thiok or thin, so that the young cotton stands in a straight line. Thus it is easier and cheaper to chop and to cultivate. The Cole throws the trash, clods, and dry top soil into the middles, mixes the guano with the soil, opens again, drills the seed, and covers them nicely ail at oile trip. Part of the guano is placed close under the seed so that the young cotton is stimulated to quick and vigorous growth. This increases the yield and makes the crop much cheaper. The Cole is surely the great est cotton planter on earth. It is easy to run on straight or crooked rows, or among stumps, either on the beds or be tween the beds, or on land broken flat. The Cole Is the Best Corn Planter. It has the most accurate dropper. It covers every grain uniformly at the depth set, and the depth is easily adjustsd as deep or as shal low as the soil and season may require. It smoothes out a nice seed bed so that the young corn can be cultivated better and quicker than any other planter. The Cole gets a better stand and it all comes up at the same time. Beyond doubt the Cole is the very best Corn Planter on the market The Cole Is the Best Planter for Peas, Beans, Sorg hum, Velvet Beans, Cantaloupes, Watermelons, and other seeds. In one simple, convenient, and durable planter you find everything necessary to plant each of these crops in just the right way. Get a Cole Now, Then when you are ready to plant you can do it quickly and do it right. "mcerti „o ,, ^uoi. ue paia. are n twenty days. If time° can pay up in have a distinct un- " that the note is to be re- ?®^ed i e- If r, ^ what you buy, from the purpose. The credit ^®hiitry unavoidable in a new , ia’ I’een continued longer b while it is f '^oes fv, ° whole community, ^I'Uier. Y damage to the ®Pot ra always buy cheaper , even if you have to t^^^yoii«°n, P^y ^®ss interest months’ time. The Who sells on credit always Mr. A. L. Attaway, a speevial of ficer of the Southern Railway of East Spencer, was instantly killed while Mr. D. M. Blackwelder, a wel-lknown farmer, was fatally injured, in being caught on a crossing Tuesday between Spencer and Salisbury. We guarantee every machine and our authorized dealer will also guarantee you satisfaction. If you do not know our dealer wnte for his name. He will treat you fair and square You will also receive our free catalogue giving lowest cash prices of the best planters and guano sowers on the market If you prefer you can order direct freight prepaid to vour station. ^ Robbers entered the home of Mrs. Abe Gettinger, in Kinston, last Fri day night and took articles to the value of $100 and on the same night a horse and phateon were stolen from the stables of Mr. C. Felix Harvey of that place. The horse and phaeton have been located since at a farm house in Pitt County, a few miles north of Kinston, seemingly abandon ed by the parties. The Cole Manufachiring Co. Box 560, Charlotte, N. C. Youp Income F’ponn XTic SUPPORTS YOU AMD FAMILY. F’aipm pralecfion to your estate and your loved ones bv at nnn.. The Union Central Life Insurance s'*"•" eat net co*t. This makes ours the Cary J. Hunter and Bro.. Stat^AVJl«\*^w*P*’.^®^ Life Insurance Co., Raleigh, M. o.^”*** Lnlon Central - ■ V a 1:: III i* 'i .1,’! I ■ S :• r ! ; 'i * } . ^ ■i 5 'i
The Carolina Union Farmer (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
May 2, 1912, edition 1
3
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