Newspapers / Shelby Daily Star (Shelby, … / April 4, 1927, edition 1 / Page 5
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let the wedding bells RING OUT This is Hints-to-the-Wedding Guest Week in our store, and you need no longer rack your brain for a gift inspiration. We’ve assembled here a treas ury of gifts ... presents that the prospective bride will use and cherish for a lifetime. Wonderful and alluri/kg gifts, all flawlessly fashioned of the very finest. Most reasonably priced, too. T. W. HAMRICK COMPANY Jewelers and Optometrists. — WEBB THEATRE — TONIGHT & TOMORROW — BIG SUPER SPECIAL “THE WINNING OF BARBARA WORTH” With RONALD COLMAN and Beautiful VILMA BANKY. 7 om the novel by Harold Bell Wright, ifou can’t afford to miss it. Here two Days — Monday and Tuesday. — WEBB THEATRE -Of Course NOW! NOW! • As the new season is coming in, and raster approaching, is the time to have four spr’r.g garments renovated at the Shelby Dry Cleaning Company. No matter how many new things fou buy for spring you will have many carry-overs. And that’s where we come in. We will make last year’s spring things look like this year’s— freshen them, tone them up to look as though they were just out of the shop. Fresh, clean garments will help yen to greet the spring in the spirit of spring, with hope and cheer and buoy ancy. SHELBY DRY CLEANING COMPANY -PHONE 113 Seam Block. North Washington St. Delivery Service For Both Kings Mountain and Cherryville. _ - RIGHT TARS Cotton, Shelby spots___14c i Cotton Seed, per bu. ...._^ 45c —At Hollis—Concert by the Maiden Hawaiian orchestra at Ilol j Us school auditorium Wednesday night, April 6 at 8 o’clock. —Close Office—According to the Kings Mountain News the branch; | law office in Kings Mountain of j | Bennett & EdwardB has been closed • i because the business of the Shelby j office demands the entire time of. | the two young attorneys. ! —Two Services—Two revivals ! are in progress in Shelby now—at j the Central Methodist church and | ' the LaFayette Street Methodist' | church, the services being conduct ed by the pastors. Services are held | at each church in the evening. —To State Prison—Officer Bob! Kendrick, Creel Ware, Claude liar rill and Charlie Shepherd returned Sunday from Raleigh where they took five prisoners, sentenced in court here last week to begin theiv terms in the state prison. The trip ! was made by automobile. ! —At Piedmont—“What Happen ed to Judy’’ the play given recently at Belwood will be given again Sat urday night, April 9, at the Pied mont High school. This play was given recently at Belwood by the j married people of the Kadesh j church and nearly 500 people saw ! it. The second performance is also I expected to draw a good crowd. The cast has been coached by Prof. C. A. Ledford, and the proceeds go to 1 Kadesh church. I —Birthday Dinner—There will be a birthday dinner at the home of Mrs. Ada Melton near Lawndale on ; Saturday April 9th to celebrate the j 76th birthday of Mrs. R. E. Mel ton. Public is cordially invited to attend with baskets of dinner. —See Lake Lure—Thousands of motorists visited Lake Lute Sun day, two dozen or more cars going up from Shelby. The road is still i open all the way to Asheville with j no detour, but the road bed is sand j clay from Rutherfordton to the dam j a distance of about 17 miles. From i Lake Lure through the Gap nearly | to Fairview at 4 oclock in the aft I ernoon, the traffic was as heavy as on city streets. I^ITTLE g Enroll Italian Youth Romo, Italy.—A “fascist levy” i authorized by Mussolini brought the Fascist militia to 380,000. It will consist of the investiture as | Fascist militiamen of Black Shirt youths who have reached the age of eighteen, 20,000 of whom were | presented with rifles in Rome and j 60,000 in the rest of Italy. TAKE NOTICE. If I am elected Mayor of Shelby, ono thing you’d better do, when , you hear that red devil scream, ■ grab your children and automobiles ! and get out of the way (I say get ' ""it of the wav). The Mayor and his men have the right of way and | ■ 'gv re going to the fire, (I say they’re going to the fire.) I don't mean MAYBE! (adv.) A. H. WEBB. COTTON MARKET (By Jno. F. Clark & Co.) j Cotton was quoted on New York • exchange at 11 o’clock today. May 14.03; July 14.24; October j 14.48; December 14.65. New York, April 4.—Liverpool 112:15 p. m. May 4, July 6, Ameri I can points better than due. Southern weather last night clear forecast Carolina’s and Georgia fair, Alabama and Mississippi rain today fair tomorrow, Texas, Okla homa, Louisiana and Arkansas ! showers. Manchester cable reports a poor | week with inquiries few and buyers reducing price limits, demand from India indifferent, China placed mod erate orders. Light business in Worth street j prices about unchanged. Southern i spot market unchanged, sales 12. j ! 213 bales. Official exports for week 300,318 bales, and for season 2,280,000 | bales more than last year. Boll weevil emergency report due on opening. Favor long side. . > NOW ! Is The Time To have ; RUGS, QUILTS And BLANKETS Cleaned With IVORY SOAP and RAINSOFT Water. We also do all class j es ot Family Wash ing. All work guar | anteed. Give us a trial. SHELBY STEAM LAUNDRY — PHONE 18 — DERSONALP I Home folks you know y on tne go. Attorney Henry Edwards was a business visitor in Boone Saturday. Mr. James Tiddy spent Friday in Gaffney on business. Judge E. Y. Webb is holding court in Charlotte this week. Mrs. II. L. Newman, went to Charlotte today to spend a week I with her daughter Mrs. Guy Rued, j Mrs. Carlos Grigg, Miss Flossiu; Grigg and Miss Louise Honeycutt spent Saturday in Newton. Miss Marion Jenkins of Tarborc, is here visiting her uncle and aunt, Mr. and Mrs. J. Frank Jenkins. Frank P. Mosley of Double Shoals was a Shelby visitor Sat urday. Mrs. S. E. Hoey and daughter Miss Virginia Hoey, spent Monday very pleasantly in Charlotte. Attorney Henry Edwards was *i visitor in Boiling Springs Friday night as a judge in the triangular debate Mr. Louis Roberts of Davidson college spent the week end with his parents Mr. and Mrs. J. Frank Roberts. Mrs. Joe Smith who has been spending the winter in Florida re-; turned to her home on South Wash ington street on Friday. Miss Rosalyn Nix who is teaching: in Raleigh spent the week end here ; with her parents, Mr. and Mrs. W. B. Nix. Mr. and Mrs. H. J. Hatcher, of* I Morganton, were the week-end i guests in Shelby of Mr. and Mrs. U. L. McDowell. Mr. and Mrs. Fred Culbert’n and family spent the week-end in I Rock Hill with Mr. and Mrs. Ed ' Allen. Mrs. Rochel Hendrick and Miss Verta Hendrick, Miss Addie Mae Eskridge and Mrs. Val Thomas | son spent Saturday in Charlotte. | Mrs. Charles Young, Miss i Thelma Young and Mrs. Lawrence ; Lackey spent Saturday in Char lotte. Miss Evelyn Shieder, one of Shelby’s popular teachers spent the week-end at her home in York, S. C. Mrs. J. F. Downing is visiting her sister Mrs. Sam Schenck at her home on the Cleveland Springs Estates. j Mrs. Jean bchenck, Mrs. Keu ben McBrayer and Mrs. Sam Schenck were Charlotte • visitors on Thursday. Mr. and Mrs. Roger Laughridge and children spent the week-end at | Marion with Mr. Laughridge’s mother who has not been well. Mrs. McElroy, wife of Judge McElroy is spending a week here while the judge is holding court. Mrs. McElroy is at the Central ■ hotel. j Mr. and Mrs. W. J. Arey have returned from a winter in Flor'da and are now at their attractive home on the Cleveland Springs Road. Mr. Fields Young is hack in Shol ; by after a hike about his territory j Says business conditions in the ter ; ritory over which he traveled ar3 very fair, and looking up. Mr. Melvin Peeler, son of Mr. and Mrs. Clayton Peeler of High Point | spent Sunday here with friends. Mr. : Peeler is a student at Duke univer ! sity. | Miss Wyline Reynolds who lias been one of Shelby’s most charm ing ard popular visitors who was i here with Mrs. Bessie Gray re turned to her home in Atlanta, I Ga., on Friday morning. Mrs. J. L. Webb and sister Mrs. John A. Darwin of Athens, Ga., accompanied Judge J. L. Webb t> Albemarle on Monday and spent the day there where Judge Webb is holding court. Dr. and Mrs. Pitt Beam were ir Asheville for the week-end. They brought home with them Misses Margaret and Alberta Beam, nieces of Dr. Beam who go from here to Monroe for a visit, Hfter which they return to Greensboro to re-enter State normal. Mr. and Mrs. Lee B. Weathers and little daughter Pearl, Mrs. H.j E. Kendall and Mrs. H. A. Wiseman, spent the week end in Asheville. Mr. D. A. Beam, Edwin Bean., Misses Marie and Ruth Beam mot ored Sunday to Charleston, S. C., to sec the beautiful Magnolia gar dens which are^ now in full bloom i and said to be the most beautiful spot in all America. Mr. Lee R. Hamrick who for 15 years was an employe of the Star Furniture company at Caroleen, has J moved his family to Shelby where j he has a position with the Paragon! Furniture company. Mrs. Fred Blanton and two daughters, Frances and Mildred are spending a week wrti her parents. Mr. and Mrs. J. \V. Biggerstaff near Marion. Mr. Blanton accom panied them to Marvon for the week ; end. Mr. and Mrs. W. F. Kent of Shelby, spent the week end at Lat-j timore. Mr. Clyde Teague of Shelby was in High Point for the week end. PEN COL_... . FOR RENT FOUR ROOM apartment and hall. Steam heated with hot and cold water. Weathers apartment, close in. See A. P. Weathers. 3-4e Argentina Buys Arms Hartford, Conn. —A special commission of representatives from Argentina arrived here to ! inspect the production of a large order of machine guns and other arms for their government. They will remain in this country for about eleven months. THE PARAGON’S UNDERTAKING DEPARTMENT AND AMBULANCE IS IN CHARGE OF— M. A. Spangler— R. E. Lutz— M. H. Hennessa— L. R. Hamrick— CALLS ANSWERED DAY OR NIGHT- IN TOWN OR COUNTRY. PROMPT, COURTEOUS SERVICE. You will find The Paragon’s Undertaking De partment fully equipped in every way. Having the most modern equipment and the only ex clusive Ambulance in the county, you’ll find our charges reasonable. We are prepared to take care of every case, regardless of price. It costs no more to have us to do the work right. We invite you to visit our Undertaking Depart ment. Consult with us, as to our service, charg es, etc. You’ll be surprised. LET US SERVE YOU M. A. SPANGLER, IL E. LUTZ, M. H. HENNESSA, L. R. HAMRICK. With THE PARAGON FURNITURE CO. “On The Square.” Shelby’s and Cleveland’s Leading Furniture Dealers And Undertakers. ADVERTISE IN THE STAR - IT PAYS. Your Easter Wearing Apparel Should be cleaned and pressed —made to look as good or better, than when new. If the garment is soiled or has lost its color—we can either clean or dye it—restoring to it the original newness. From now til Easter we will be very busy, but you can rest assur ed, with our facilities, your clothes will receive our same special care. . SEND THEM TO US NOW. WHITEWAY DRY CLEANING CO. “QUALITY” CLEANERS — DYERS Phone this ...105 or this ...106 FIRST NATIONAL BANK of Shelby CONDENSED STATEMENT, MARCH 23RI), 1927. . _RESOURCES FOUR MILLION DOLLARS- ; - RESOURCES - LOANS AND DISCOUNTS— The largest item of i\ bank’s 'resources are the loans made to firms, corporations and individuals Our loans are made with great care by exponent-- * ed men with thorough knowledge of conditions and securities an! amount 10 -•—— —- _$.< lo 1,224.33 OVERDRAFTS— Credit extended to customers in the form of over drafts. This is n for n of credit that hanks do not approve of end v;e urge our customers to discon tinue this praeth ■ -----—:■*, ----- I r. s. BONDS— Bonds of the United States owned by us to secure our circulating notes ---— OTHER STOCKS AND BONDS— Investments made by the bank in Liberty Bonds and S'ate of North Carolina Bonds—and stock in Federal Reserve Bat.k - 43,410.',9 REAL ESTATE OWNED— An investment in real estate, on part of which will be located the bank'i home in the future and other valuable real estate in the county --- ".74,892.00 REDEMPTION FUND— Funds placed with the U. S. Treasurer to redeem circulating notes when presented-— ------ 12,500.00 CASH ON HAND AND DUE FROM OTHER BANKS— The .ca?h; on hand and funds placed with the Fed eral Reserve Bank and larger banks in New York, Richmond and other large cities constitute the Reserve of a bank. Reserve is calculated by the proportion of these funds to the total deposits. On this basis our reserve is about Sixteen per cent of our deposits or about one-sixth as much as depopsits amount to --— ---- 491,735.17 250,000 00 The items above constitute the bank's RESOURC ES, making Total Resources__$4,022,094.61 -LIABILITIES CAPITAL STOCK— Amount paid in by 120 stockholders is the Bank’s Capital .— -- -------—$-.250,000.00 SURPLUS FUND— Amount set aside by shareholders ns a further protection for depositors and used the same as capital ...____ — -----—- -.250,000.00 UNDIVIDED PROFITS— Profits left on hand after setting aside ample amount for interest due depositors and income tax ....----- ---- RESERVED FOR INTEREST— Reserved from profits to pay intjihest due to de positors_,___— -—---,31,965.28 RESERVED FOR TAXES— Reserved from Profits to cover Income Tax and other taxes -- --- - ----— CIRCULATION— A National Bunk is allow--6 to t-ssoe their bank notes if secured bv IJ. S. Bonds to t'm amount of their ennital stock which is called circulating notes. Ours nmount to __._„ Secured by U. S. Bonds amounting to $250,000.00. NOTES AND R»LI S RE-DISCOUNTED— At times local demand for money is heavy and the hank rediscounts certain choice notes of cotton miils. mc-eh-Mps end others «'ith the Federal Reserve Bank and New York Banks. We have no re-discounts nor Bills Payable at this time-NONE DEPOSITS— Deposits are funds placed with a hank either on interest or checking account by other banks, cor porations, firms and individuals. The Deposit account is the life pf the bank and reflects <-the financial condition of a community. Our totad de posits amount to -----2,992,0201 25,«0e.00 -.-243,030X0 230,105.04 All the ab<»ve items make tin tW bank’s liabilities, making TOTAL LIABILITIES ___$4,022,094.81 People ofien say they can nol understand the usual published bank statement, so we have made the above explanation of each item, so that any one can read and understand the statement. We are naturally pleased with the showing made in this statement, under the adverse local conditions, and while not quite as large as some state* ments we have issued, it reflects safe, sound, conservative management, with the loan account considerably re duced. We thank every one who has helped to make possible this excellent showing of your bank. FIRST NATIONAL BANK of Shelby A BIG STRONG, FRIENDLY, NATIONAL BANK-MEMBER OF FEDERAL RESERVE SYSTEM "
Shelby Daily Star (Shelby, N.C.)
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April 4, 1927, edition 1
5
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